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Re: Various (Specialist) indicators for MT4

lukgoku, Fri Apr 19, 2024 4:32 pm

kvak wrote: Fri Apr 19, 2024 7:00 am Hello,
What setting you used? And you use cross of term lines cross? Or cross it with bands?

FYI @TransparentTrader Iam working on "filled" version.... but it's late here, I'm going to bed :)
Hi Kvak, default settings for now have a good results for me.

I used the crossing of the term lines for the entry and then when the bands start to bend towards the zero line I can think of exiting if it has made a large movement (as in the figure), otherwise I see how the movement develops. I use it with the Heiken Ashi smoothed, with the ema and s/r. It gives that confirmation that I have been looking for so much with RSIs, which are excellent, especially the RSIma but, but this indicator anticipates them (always talking about my setup).

Kvak is it possible to add alerts and arrows at the intersection of the terms lines?

I'm also evaluating the slope of the lines on the cross to see if it affects the type of explosion. It seems that predefined patterns can be created to distinguish price movements. Very very very interesting! As a scalper it's the best time to scratch some points in my opinion.
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