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Re: Identify This Indicator

Banzai, Mon Jun 01, 2020 1:59 am

ajayogale wrote: Wed Apr 01, 2020 8:30 pm Dear Traders,
Can you identify these indicators. These indicators are from tradingview. Anybody can find it for MT4 platform. Thanks in advance!!
DESCRIPTION:
This Alert indicator utilizes the Heiken Ashi with non lag EMA was a scalping and intraday trading system
that has been adapted also for trading with binary options high/low. There is also included
filtering on MACD direction and trend direction as indicated by two MA: smoothed MA (11) and EMA (89).
The Heiken Ashi candles are great as price action trending indicator, they shows smooth strong
and clear price fluctuations.
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Financial Markets: any.
Optimised settings for 1 min, 5 min and 15 min Time Frame;
Expiry time for Binary options High/Low 3-6 candles.

Indicators used in calculations:
- Exponential moving average , period 89
- Smoothed moving average , period 11
- Non lag EMA , period 20
- MACD 2 colour (13,26,9)


Generate Alerts use the following Trading Rules
Heiken Ashi with non lag dot
Trade only in direction of the trend.
UP trend moving average 11 period is above Exponential moving average 89 period,
Down trend moving average 11 period is below Exponential moving average 89 period,
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CALL/LONG/BUY Arrow appears when:
Trend UP SMA11>EMA89 (optionally disabled),
Non lag MA blue dot and blue background.
Heiken ashi green color.
MACD 2 Colour histogram green bars (optional disabled).
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PUT/SHORT/SELL Arrow appears when:
Trend DOWN SMA11<EMA89 (optionally disabled),
Heiken Ashi red color.
Non lag MA red dot and red background.
MACD 2 colour histogram red bars (optionally disabled).
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HINTS:
- Good positions occur when MACD crosses the Zero line.
- Switch between Heikin Ashi and Normal candles as part of your analysis of the price action.
- Large Heikin Ashi candles with small wicks in direction of trend are good strong trends.

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