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Re: MT4 Trading Systems (Old or new!) Please post here

RplusT, Wed Feb 21, 2018 7:43 pm

rijay wrote: Wed Feb 21, 2018 3:07 am two arrow confirmation system
Hi rijay....I see you put in a lot of effort which is indeed commendable. I hardly use indicators but play a lot with them. Trading is boring after all.
Here is an interesting way of using the buzzer indicator you uploaded here.
Actually one doesn't need more than that, whether trading Forex or BO. I find subwindows very distracting.
Indicator settings:
1) Price high
2) Price close...dashed line
3) Price low
For the high and low I have set the opposite colours to None. It's a psychological thing, i.e. not to obstruct the PA direction in ones mind.
The length I use in this example is 24.
That's about it. It is also worth to note that sometimes both high and low show at the same time, meaning the price is in a squeeze or sideway movement. Stay put and wait for the breakout.
Works on any TF. Have fun.
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