IdeaRe: Something interesting please post here (Metatrader)

1573
Cercos Chaos vs Movement

Most volume/volatility take into account price volatility to determine if price is moving or not. However, they usually fail to get you out of choppy price action. This indicator was intended to filter those flat periods while also getting you into the beginning of most trends.
This indicator works better with lower periods (5-10).

If the green line is above the red line, trading is allowed. If it's below, there is a range or choppy price action.

This is a volatility indicator so it should not be used for entries. You can compliment it with other entry signal indicators.


Re: Something interesting please post here (Metatrader)

1576
whiplashtm wrote:Wed Jul 07, 2021 4:10 am Browsing through my indicator folder I stumbled across this interesting HiLo indicator with alot of tweaking opportunities. Could be used to filter out false breakouts when MA is inisde the two lines (width can be adjusted).

Enjoy!
Can I get a complete template with all ASP indicators? Only one blue line appears in the terminal. Thank you!
Who knows others is wise
Who knows himself is enlightened

Re: Something interesting please post here (Metatrader)

1579
dmnik wrote:Sat Jul 10, 2021 3:47 pm Bro! You have at least three indicators on the screen))) And you threw off one. Throw off the complete assembly with settings and a template. Pliz!
Yeah, my bad. I called the indicator (ASP) for "HiLo" for that very reason. The orange line with the band is called "Oma Channel Candles" (shared by kvak) and is clearly a moving average. I don't have the template, sorry.


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