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Re: MT4 Indicator requests and ideas Nadaraya-Alert

20762 by Striker
lukgoku wrote: Fri Jun 07, 2024 5:55 pm Hi Kvak and MrTools,

I would like to modify the alert of the Nadaraya Estimator indicator following the logic of a strategy that has a crazy return according to this rule:

Arrow to sell on the upper band of the Nadaraya:
1. wait for the blue candle to open and close its body out of the upper band of the nadaraya estimator
2 . if the next candle changes color (to red), alert and arrow at the close of the candle (see attached photo). The color change is important see second photo:
first candle open and close outside the band but the next don't change color , so I wait the next one, change color and BOOM!

Arrow to buy on the lower band of the Nadaraya
1. wait for the red candle to open and close its body out of the lower band of the nadaraya estimator
2 . if the next candle changes color (to blue), open the buy at the close of the candle (see attached photo).

I have already built a Greedy System with Funchi that works very well and contains this strategy, but I would like to improve it further and I would need this modification on the Nadaraya.
Unfortunately I don't have the mq4 version of the Nadaraya but if you need it I will look for it, I remember reading something about it here in the forum.
Thank you very much if you will listen to me and regardless I thank you for your continued support.


Update: I found mq4 and it should be used with the envelope deviation at 0.075, attached.
Hello. If the channel does not redraw, then this is really a gold mine. Thank you for this idea and for sharing it with us. Good luck and profit.
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lukgoku

Re: MT4 Indicator requests and ideas

20769 by TEAMTRADER
I have looked at the code for this RSx indicator and tried to get 'thicker' lines on the chart where divergences appear.
The lines at the moment are too small for my eye to pick up and would appreciate it if someone could just make them all at thickness 3.
Many thanks.
TEAMTRADER
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