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Re: MT4 Indicator requests and ideas

TransparentTrader, Thu Jul 14, 2022 6:23 am

chickensword wrote: Thu Jul 14, 2022 5:54 am this could be rsi
Image

I just put your DJRock v2.2. indicator on a 5-point Renko chart for NAS100 (i.e. 11700 -> 11705) with your suggested settings and then put the RSI (Period = 14) over the DJRock indicator.

I truly hope the recalculation is as small as you say it is, because so far I don't see a single losing trade. The smallest win is 5 points in ranging markets and yet this indicator setup allows you to squeeze all the juice out of a long-standing trend without a premature exit.

I hope I'm not getting too over-excited about this. Your findings could be a scalper's literal Holy Grail if they just spend the morning and afternoon buying and selling exactly when DJRock + RSI tell you to.

@chickensword, let me know if you decide to continue foward-testing this setup. If you do, could you possibly take some pictures that show to what degree recalculating occurs?
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