Tabary wrote: Sun Sep 13, 2020 2:14 am

ohh ok, and the mano rounder indicator is actually do that but on a round number right sir?

No, it does not calculate anything. It is drawing lines at a distance set by the user of the indicator. For example, I set mine on the Indices for 5000, meaning 50 pips. Forex may have different numbers, depending on the digits. It just pointed out that the factor 1.0057 happens to coincide with 3 levels up and down. Don't think so complicated, just look at the history and you will see that S/D levels coincide with round numbers.

Fractals - adjustable period & price (Mod_Pacois).ex4 pliz mql4

new stratgey test
This is a combinatin of CANDLE PATTERN (pattern name i cant find the name)
PATTERN BELOW marked in snap
Previous Bearish trend bar = 0
Bullish bar = 1
Bullish bar open price >/= bar 1 close price = 2
Bullish bar = 3 ( open trade) if the below rules confirmed

1. Bars should be above MA (SMA 50 ) & SMA 9 should above MA 50
2. Parbloic SAR should be bullish trend (default setting)
3. MACD bars & MA should be above zero level (default settings)

an update for new stratgey.
added 2 more indicators to give the trend strength position

UPDATE RULES
Previous Bearish trend bar = 0
Bullish bar = 1
Bullish bar open price >/= bar 1 close price = 2
Bullish bar = 3 ( open trade) if the below rules confirmed

1. Bars should be above MA (EMA 50 ) & SMA 14 should above EMA 50
2. Parbloic SAR should be bullish trend (default setting)
3. MACD bars & MA should be above zero level (default settings)
4. EMA 5 confrimed above EMA 50 & SMA 14
5. trend direction & force should be BLUE BAR/LINE

simple straegy test...
Extreme spike - REPAINT but it is good signal to get
RSI 7 period
rule as mentioend in snap

If you are trading short term expiry's I suggest you try and find patterns with indicators rather than signals with arrows. The problem with arrows/dots/colors is that its affected by volume and changes in short term volume can be very unpredictable, like when news hits, throws off the calculations in your indicator that produces the signal.

It's in my opinion that you look for patterns during trending times of a market and non trending times-patterns when volume is worth trading and when it is not.

But that's just half the battle - and my advice is to use the scanner found in the trix thread. I would say the best I used in terms of finding trending pairs. Better than any CSM's with no lag if you set it up properly.

When to enter is the trade is the half of the battle but is easy if you understand how candles work on MTF's.

looking fine but need to test.. if its fine, i will post the rules
indi..
4timeframe BBSTOPS indi (mladen's)
cci VHF Adaptive indicator(mladen's)
both availabe in forum

Strategy based on BAR WICK % & CCI, MA
CODERS can help to filter %age will be great... or moridty the indictor for additional setting for custom display % will helps more

test

sal wrote: Thu Oct 22, 2020 1:59 am Strategy based on BAR WICK % & CCI, MA
CODERS can help to filter %age will be great... or moridty the indictor for additional setting for custom display % will helps more

test

can you share BAR WICK % indicator ?

sal wrote: Thu Oct 22, 2020 1:59 am Strategy based on BAR WICK % & CCI, MA
CODERS can help to filter %age will be great... or moridty the indictor for additional setting for custom display % will helps more

test

Thanks sal can you share indicators and Template?