Trading the Vidya+mtf (mrtools) the past few days. Stated several times, I don't use Indicators except trendlines but occasionally love to trade other charts, just to prove that one can put anything on the chart and still make good trades.
Current setting (filled channel) plus 1 and 2 higher TFs (showing Midline only.
I like the smoothing period in the Vidya setting. It allows to put the band in a position that it almost neatly fits the price action. Thus the settings may seem at bit strange, but they work.
Don't trade within the MA squeeze (yellow/green Line). Wait for the price action to leave first.
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Re: MT4 Trading Systems (Old or new!) Please post here
RplusT, Thu Jan 13, 2022 7:51 pm