Re: Volume trader pressure (redk-tpx) indicator for mt4 by yisrael

52
Deez wrote: Thu Dec 16, 2021 10:22 pm Mladen vs yisrael :razz:
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And the winner is?....

The members of the forex-station community!!! :thumbup: :problem:

Having master coders like these makes our trading journey FUN, EXCITING and PROFITABLE!!! :)
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yisrael
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Re: Volume trader pressure (redk-tpx) indicator for mt4 by yisrael

55
sal wrote: Thu Dec 16, 2021 11:04 pm Have you noticed, the white total pressure line is always following green line trend where as a red is not like that .
see snap
net pressure might be reversal from zero level right, if i am not expert.
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THE GREEN LINE FOLLOWS THE NET BECAUSE
IN THE CALCULATION NET=BULL_PRESSURE-BEAR_PRESSURE
When bear pressure approaches zero...the NET=BULL_PRESSURE

PLS ELABORATE UR FINDINGS!!!
A famous quote in documentary "Money Robots":55% winrate is enough to make money


Re: Volume trader pressure (redk-tpx) indicator for mt4 by yisrael

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andrei-1 wrote: Fri Dec 17, 2021 2:29 am Fast forex-station version (I took it off the handbrake).

I forgot how to raise the arrows above High. Please take a look.

And MTF broke. :sweat: Show me how to raise the arrows. I'll post a normal version.

Mr. tools, how to raise the arrows correctly? :eh:
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Here this video will give insight to the arrow problem...watch fully
https://youtu.be/1uebosxIBnM
A famous quote in documentary "Money Robots":55% winrate is enough to make money

Re: Volume trader pressure (redk-tpx) indicator for mt4 by yisrael

58
andrei-1 wrote: Fri Dec 17, 2021 2:29 am Fast forex-station version (I took it off the handbrake).

I forgot how to raise the arrows above High. Please take a look.

And MTF broke. :sweat: Show me how to raise the arrows. I'll post a normal version.

Mr. tools, how to raise the arrows correctly? :eh:
Image
My idea is to create two moving averages...
The first should have all the High values...
The second ones should have all low values..
This two MAs should not be ploted...
If the redk gives a signal then you should put a green arrow up at the lows ma and a red down arrow at the highs ma...
This MAs should be the style like TILSON T3 indicator that I posted
These users thanked the author yisrael for the post:
charli
A famous quote in documentary "Money Robots":55% winrate is enough to make money