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Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 3:47 pm
by rijay
MYakoot wrote: Sun Sep 23, 2018 3:10 am what is the best signal filter could help me avoid ranging markets and the false signal of RSI filter
it is better idea to wait for moving averages to converge on multiple time frames and then initiate trade, as again it will lead to divergence of moving averages and fast price action takes place from this points of convergence of moving averages, and you can avoid trading ranging markets most of the times.

Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 4:30 pm
by Sandile
pacois wrote: Sun Sep 23, 2018 5:52 am

Try!
Hi Pacois, this works very well, thank you very much for you kind work, have a wonderful Sunday.

Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 5:52 pm
by krakin
friends can anyone of the coders write an indicator with a filter like in the picture

Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 6:08 pm
by pacois
krakin wrote: Sun Sep 23, 2018 5:52 pm friends can anyone of the coders write an indicator with a filter like in the picture
hello, better explain a filter with which rules on which indicator.

Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 6:21 pm
by krakin
krakin wrote: Sun Sep 23, 2018 5:52 pm friends can anyone of the coders write an indicator with a filter like in the picture
hello, better explain a filter with which rules on which indicator.
[/quote]the closing price for the level of the channel Bollinger Bands, while its opposite side should not deviate into the extension

Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 6:36 pm
by krakin
pacois wrote:

hello, better explain a filter with which rules on which indicator.
Bollinger Bands should not expand in the moment of penetration

Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 8:18 pm
by MYakoot
rijay wrote: Sun Sep 23, 2018 3:47 pm

it is better idea to wait for moving averages to converge on multiple time frames and then initiate trade, as again it will lead to divergence of moving averages and fast price action takes place from this points of convergence of moving averages, and you can avoid trading ranging markets most of the times.
Thanks for your reply .. do you suggest an indicator that supports MA MTF ?

Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 9:02 pm
by pacois
krakin wrote: Sun Sep 23, 2018 6:36 pm Bollinger Bands should not expand in the moment of penetration
Evaluate the movement of the bands, by adjusting "BarBollinger", it can be useful to develop the bases for your filter.

Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 10:24 pm
by krakin
pacois wrote:

Evaluate the movement of the bands, by adjusting "BarBollinger", it can be useful to develop the bases for your filter.
this is not the approach

Re: MT4 Indicator requests and ideas

Posted: Sun Sep 23, 2018 11:25 pm
by rijay
MYakoot wrote: Sun Sep 23, 2018 8:18 pm

Thanks for your reply .. do you suggest an indicator that supports MA MTF ?
here are some adaptive ones fitting to atr ranges nicely, that you can try, coded by all time great coders mladen and mrtools

if you want to set jma adaptive indicator on fast settings then you really have to set jurik atr adaptation period to use on steroids settings !!!! of= 2147483647 with jurik and filter period to use =20