First of all - thanks to all the lovely people on this forum. You have all been tremendous. I am facing this unique challenge I have never encountered before (probably because I have never tried doing things this way). I have built an MT5 EA that I have been testing on historical data provided by my ...

kvak wrote: Sun Mar 24, 2024 9:34 pm XMA confirmation Histogram (NNFX) with MA Filters + AHTF MTF

Hello, try it, I also update code and added mtf.

Thank you for this. Very timely. Any chance you could build an MT5 version of this? I am happy to help if pressed for time.

The 95 standard-input sensitivity equals - more or less - line chart; using two makes it easy to see ranges... I plugged this into my NNFX EA as a baseline. The win rate between 40% and 50% but a large number of trades (meaning good for filtering out with a C2 without lowering the number of trades ...

Are you sure the code is all right? MA changes if you change sensitivity but doesn't if you change period input... I have relooked at the formula used in the original indicator and a small modification I made while bringing it into the MT5 world. The modification is not doing anything to the MA so ...

josi wrote: Tue Mar 05, 2024 10:35 pm Are you sure the code is all right?
MA changes if you change sensitivity but doesn't if you change period input...

Thanks for taking a look. I will investigate this.

Sensitivity Average with slope Another TV indicator that looks interesting as a baseline and potentially as an exit if used on a higher sensitivity setting. I am noticing that it can also be used on lower timeframes with a lower sensitivity setting as an additional confirmation indicator to know ...

feedback (but NO criticism...): there are some good and relevant signals BUT while I like the idea, I don't quite see the "monster" in this breakout indicator; as far as I can tell there are a lot of false signals that lead directly to losing trades: during ranges the signal appears so late that ...

mrtools wrote: Mon Mar 04, 2024 4:01 am Still learning mt5 but this version seems to be okay.

I will check this out shortly. Thanks a ton.

feedback (but NO criticism...): there are some good and relevant signals BUT while I like the idea, I don't quite see the "monster" in this breakout indicator; as far as I can tell there are a lot of false signals that lead directly to losing trades: during ranges the signal appears so late that ...

Monster Breakout Index v2

I have managed to put my weekend to good use by converting this very simple but seemingly reliable indicator from TV into MT5

https://www.tradingview.com/script/QrDk ... -Index-V2/