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Re: Banzai Stuffs: backtestings, forex notes, etc...

14 by Banzai
post1295443988.html#p1295443988
Banzai wrote: Sun Feb 09, 2020 3:26 am I was able to remake this Japanese indicator "ikokunomatome.ex4" where it can align these 6 signals:

DeMark
MACD
Momentum
RSI
CCI
Stochastic

ikokunomatome.ex4
(13.62 KiB) Downloaded 378 times
ikokunomatome mtf.mq4
(15.78 KiB) Downloaded 520 times
ikokunomatome ahtf






ahtf = auto higher time frame
so if you're in M15 chart, the indicator will display M30 chart automatically.
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Also check out Stoch (4,3,1). It is very close to ZeroLag Stoch (5,3,3).
These users thanked the author Banzai for the post (total 2):
BeatlemaniaSA, Jedidiah

Re: Banzai Stuffs: backtestings, forex notes, etc...

15 by Banzai
EZ BASIC TRADING STRAGEGY

Let's go back and restart over again.
We're going to master the basic indicators first.

Bollinger Band

Bollinger Bands are a technical analysis tool that measures market volatility and potential price levels. They consist of three lines:

A middle band (a Simple Moving Average of 20)

An upper band (moving average + a set number of standard deviations)

A lower band (moving average − the same number of standard deviations)

When the bands widen, it indicates higher volatility; when they narrow, it suggests lower volatility.
Prices touching the upper band may signal overbought conditions, while touching the lower band may indicate oversold conditions.
Bollinger Band is an excellent indicator to see the consolidations.
These users thanked the author Banzai for the post (total 2):
BeatlemaniaSA, Jedidiah


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