Not much changes yet - but now the colors can be changed in case of other backgrounds.
This background is based very loosely on "Skimming Swallow - White" from this forum and I have changed the color settings according to match background.
The indicator still needs work and cleaning.
In terms of the template, as many might ask questions. I will gradually share most of the template indicators for this setup and the one in the black charts above.
If you see where I have circled with purple circles, that is a possible early entry on close of the candle. I need to test these out more.
Where I have put dark green dashed lines is possible long entries (but should probably only take these when Multi-info is showing >60% long really - not sure if that was case at relevant time), where I have put red line is clear short entry. It is possible that the second dark green, dotted vertical line was a genuine long.
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***This makes for a call for a simple BAR type oscillator that can be set such as [DARK RED] RED, AMBER, GREEN, [DARK GREEN] to guide if the buffer for the multi-info is [30%], 40%, 40-60%, 60%, [70%] red / green. Non-repainting would be amazing, but probably hard.
***This thread does need a head of coding partner. Please PM and/or post if you have time to make.
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So from top to bottom, I've put on the chart:
(1) A median price average (blue) set at 5 periods.
(2) SMA 20,50,100,200 from the daily chart (3 of these the price has now dropped below).
(3) FXSniper's LSMA set at 34 periods
(4) A Linear regression channel set at 15 periods
(5) A FX Factory calendar
(6) The arrows and bombs I am not going to go into here. You will get to work them out in time. But you can see, there are 6 types (one looks like fractal, two are diagonal, one is big thin, one is hollow arrow, one is curly arrow).
(7) You have a magnified market price and candlestick timer there also.
Off the chart you have info dashboards and oscillators:
(8) The Multi-Info (attached)
(9) An oscillator (OSC 5,35) - this is purely for divergence and wave counting. You can use anything - CCI(32), RSI(7), RSI(14), Stochs - I tend to use a combination of 2 of them for divergence.
(10) A trend strength indicator based on Moving Averages - I will elaborate if it is useful. This is 'trendstrengthevo v2.1, modified by nnjeim - the original coder is not listed in the file. Increasing strength in direction of trade looks good.
(11) Angle of moving average indicator set to 3 and EMA. Looking for changes in a particular direction (ie strength in the angle = strength in momentum). I am using here the jpkfox EMA_Angle modified by MrPip.
(12) TMA slope - I will elaborate more if I find this TEMA based indicator useful - this again seems to add a 'security check' for the trade.
This says it is by zznbrm + Edited by shahrooz "sh.sadeghi.me@gmail + Edited by Nanningbob April 2012
(13) Schaff Trend Cycle set to 5 periods and an 8 and 15 moving average pair. Indicator is PlotSTC, by the one and only... mladen
(14) You can see I have added a complementing dashboard on the right of the multi-info. This is for 'additional security' and it is the "Trendbolt Mini" by Tudor Ceban.
Most of the indicators you can find here at https://forex-station.com
If not, let me know and I'll post them gradually, except if I find they are premium by the owner, or others can post them.
I will go through the earlier chart. Many of the ideas and indicators on the black charts above are based on a forex-tsd trading systems thread from 2005-2010 roughly called XO method, by valeofx.
Here are some M30 entries using the same setup.
Best regards,
