You can use XARD - System to do what you wantBbq Ribs wrote: Wed Jun 15, 2022 1:27 am Hi , I was hoping you could add a little "FOREX-STATION" magic to a rather good but dated (at least within this forum) indicator .
It was originally posted here : viewtopic.php?p=1295369733#p1295369733 by saroq (thanks buddy) and its part of the Dynamic Cash Tracker by Russ Horn.
It requires the user to double up on the indicator so as to differentiate between trend and pull back by adding different (but basic) moving average parameters.
If I could humbly request some FOREX-STATION magic and have the indicator include its own doubling of the indicator (so there are 4 MA (3 should suffice) inputs in total instead of just 2) and the famous 40+ different moving averages so users have more options . May also be good to add in Alerts and MTF options however I don't know if I'm breaking forum rules by requesting these extras.
I also wanted to say as its my first post : Thank you for this incredible MT forum , Ive converted from FFactory to here, so refreshing to see MT being discussed rather than Trading View and finally apologies if there is any issues .
Many thanks
Dynamic Cash Tracker System #1 SHORT rules
Step 1. The 8/34 ColorCrossover must be red.
Step 2. The 3/8 ColorCrossover must be green.
Step 3. Enter a short trade when candle closes and it turns the 3/8 ColorCrossover red.
Step 4. Stop Loss goes above the recent swing high.
Step 5. Close the trade when the 3/8 ColorCrossover turns green. (Alternatively, you can choose to place a 1:1 Profit Target.)
Dynamic Cash Tracker System #2 LONG rules
Step 1. The 50 SMA must be green. The 12/26 EMAs must be above the 50 SMA and also be green.
Step 2. The 12 EMA turns red.
Step 3. Enter long trade when candle closes and it turns the 12 EMA green.
Step 4. Stop Loss goes under the recent swing low.
Step 5. Close the trade when the 12 EMA turns red. (Alternatively, you can choose to place a 1:1 Profit Target.)
