Thanks, MrTools, very nice!
Re: Parabolic Sar indicators MT4
191- These users thanked the author josi for the post (total 5):
- mrtools, moey_dw, Chickenspicy, RodrigoRT7, talaate
Thanks, MrTools, very nice!
I hope the attachment images shows a clearer picture of the entry and exits.Deming wrote: Hi,
I am seeking help for combination of both indicator with its sets (In the attachments) and to have automatic execution of trades when the following occurs:
if green dot appears and MACD shows red bars below 200 ema, and its volume not near to 0 (below -0.0005), then BUY
OR
if MACD Blue dot below 200 ema (and shown MACD red bar) came before green dot, and volume not near to 0 (below -0.0005), then BUY
if SAR NEMA red dot appears and MACD shows green bar above 200 ema, and if buying volume not near to 0 (above 0.0005), then SELL
OR
if MACD red dot above 200 ema came before SAR NEMA red dot, and volume not near to 0 (above 0.0005), then SELL
DO not execute trades when there are differences from both parabolic SAR:
1) SAR Nema shows red dot while MACD SAR shows blue dots
2) Differences in dots from both indicator not near to each other (SAR NEMA shows green dots already but more than 25 dots later, the MACD blue dot shows up)
Close when SAR NEMA shows opposite signal or opposite decreasing volume (above -0.0005 or below 0.0005) is seen
Marvelous Mrtoolzmrtools wrote: Fri Oct 13, 2023 10:12 am Parabolic PVT (Price Volume Trend) indicator
Made this version with alerts and arrows
Yes, I was thinking a MTF of this would be great!moey_dw wrote: Sat Oct 14, 2023 3:34 am Marvelous Mrtoolz
Just when I thought we might run outta new indicator ideas soon this one is posted...... and a very good indicator it is!! Been using it tonight looking at different pair's Daily trend direction and scalping with this indicator on 1H into the Daily's direction...... up 70 pips already using this one on its own...... thank you boys
Mtf added, also added the price options and an option to pre-smooth ( if pre-smooth period>1) the pvt price. Just for information the original pvt uses close price, built this version to be able to use any price a nd the pre-smoothing doesn't seem to be causing too much lag.
are the settings on the indis mtf?
Found this mtf version.
Hello,
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