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Re: MT4 Indicator requests and ideas

Pucmola, Thu Mar 23, 2023 5:09 am

"Well, in my opinion, the combination of RSI, BB, MACD, STOCHASTIC and ATR is better for catching tops and bottoms in one"

Pucmola, could you show us how this combination works better with a visual example? If your formula ends up being superior to this one I would love to give it a look on my own charts.
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When the price crosses the upper Bollinger Band and at the same time RSI, MACD and Stochastic are in overbought condition, it means that the market is at the top and the price is likely to fall. When the price drops below the lower Bollinger Band and the RSI, MACD and Stochastic are in an oversold condition at the same time, it means that the market is at the bottom and the price is likely to rise. Everyone knows how to use atr ... size calculation ... but it can also be used as a trend filter, for example: atr 30 with MA 5 and we trade only when there is a trend period (ATR above MA) + every trend starts when ATR is below 2 we are talking about the ATR 30... for example
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