Re: Honje's collection of indicators, strategies and trading journals
Posted: Mon Jul 18, 2022 2:05 pm
by Jedidiah
dah wrote: Mon Sep 02, 2019 3:59 am
I came across an interesting Ichimoku indicator from Prorealcode.
Description from the author:
There's a lot more to that prorealcode version but I was wondering if there's a simple version "Kumo Line" that only measures distance between Span A and Span B clouds with a setting for a look back period.
By simply looking at the "Kumo Line" we can determine if the volatility is there for a breakout.
Thanks
Re: Honje's collection of indicators, strategies and trading journals
Posted: Tue Jul 19, 2022 2:36 am
by Jedidiah
Jimmy wrote: Mon Mar 15, 2021 4:13 pm
This is really good. Different results can be seen when changing the Bands from ATR to either Custom Standard Deviation.
Without getting too technical, how can we use ATR Bands Vs Custom Standard Deviation Bands?
Use the ATR bands for predicting possible reversal areas and candlestick exhaustion
Use the Custom Standard Deviation for entering breakouts and forecasting Volatility whenever the bands "PINCH"
ATR Bands
Custom Standard Deviation Bands
Thank you Mrtools and Ganesh for the idea
Re: Honje's collection of indicators, strategies and trading journals
Posted: Tue Jul 19, 2022 3:08 pm
by Jedidiah
Banzai wrote: Sun May 01, 2022 1:23 pmDonchianChannel DoubleBreakout TradingSystem
Rules: H1 Step OMA is the trend. Do not use M30 trend. It gives some false signals.
1. Try not to go LONG at ADR 100%. That's the maximum Average Daily Range for the day.
2. Try not to go LONG at yesterday High 100%. That's yesterday high.
3. Try not to SHORT at ADR 0%. That's the minimum Average Daily Range for the day.
4. Try not to SHORT at yesterday Low 0%. That's yesterday low.
Re: Honje's collection of indicators, strategies and trading journals
Posted: Thu Jul 28, 2022 4:54 am
by Jedidiah
I am going to buy some very popular indicators in the MQL4 market.
Hope they are useful. .
I'm just curious. why so many people buy it
Re: Honje's collection of indicators, strategies and trading journals
Posted: Thu Jul 28, 2022 5:01 am
by Chickenspicy
honje19960321 wrote: Thu Jul 28, 2022 4:54 am
I am going to buy some very popular indicators in the MQL4 market.
Hope they are useful. .
I'm just curious. why so many people buy it
careful i bought alot that were mediocre, look for the absolute best not just decent they will disappoint
those two are the best ive seen yet
Re: Honje's collection of indicators, strategies and trading journals
Posted: Thu Jul 28, 2022 5:31 am
by Jedidiah
chickensword wrote: Thu Jul 28, 2022 5:01 am
careful i bought alot that were mediocre, look for the absolute best not just decent they will disappoint
those two are the best ive seen yet
I think there are more high-rated metrics. The reliability is relatively high. I am now interested in advanced currency strength 28
Re: Honje's collection of indicators, strategies and trading journals
Posted: Thu Jul 28, 2022 5:38 am
by Chickenspicy
here is another, but only if you know what your doing with it
Re: Honje's collection of indicators, strategies and trading journals
Posted: Thu Jul 28, 2022 5:48 am
by Jedidiah
chickensword wrote: Thu Jul 28, 2022 5:38 am
here is another, but only if you know what your doing with it
If I remember correctly, this has something to do with Gann Theory. Have you tried all these indicators?
Re: Honje's collection of indicators, strategies and trading journals
Posted: Thu Jul 28, 2022 5:55 am
by Chickenspicy
ive bought currency strength before wasnt my personal favorite
ive watched the videos explaining the indicators not personally tried
dont got the money
gann theory is basically harmonics, just showing you price action relative to angles but its confusing to me just showing it
for you to know about
Re: Honje's collection of indicators, strategies and trading journals
Posted: Thu Jul 28, 2022 5:58 am
by Chickenspicy
i have two accounts this one has most of the ones i tried