Re: MT4 Indicators with alerts/signals

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TEAMTRADER wrote: Tue Nov 26, 2024 12:34 am Further to the above post - these trades were live so personally I see no problem.
First chart is the entry and the second the exit as the rsx is in the white area and stochs is also in o/s area. Another safe trade for me.
This is not the thread for this - so no more posts from me regarding the stragety.
PM if you need.
TT
Teamtrader, thank you for sharing this strategy. The recalculating of the on-chart 15m stoch gives you a good chance to catch tops/bottoms and pullbacks. And the below the chart stoch trigger and rsx filter are working well. I tried 5m / 1H and it looks good too.

A question about the on-chart 15m stochastic. Is the arrow appearing on slope direction change?

Would be nice to open a thread for this strategy. Kvak and Mrtools have made some nice stochastic indicators which can be incorporated.

Thx

Re: MT4 Indicators with alerts/signals

13
Abdi,
The 15m stochs signal is from the K/D cross in the 15m chart.
In the chart grabs below the first illustration is when the arrow/line appears - it is not 15m until the signal appears. It gives time to assess the validity of the signal and in this specific trade it was a good signal.
The second chart is the finish of the uptrend and gives time to assess if this is indeed the top of this upmove - there is divergence but this is a strong upmove and it could well 'disappear' as the upmove continues. Price never moves up forever.
I have also added a background zone indicator to show when stochs 233 is over 95 (pink) or under 5 (palegreen). It just gives a better chance of winning trades.
TEAMTRADER
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Re: MT4 Indicators with alerts/signals

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TEAMTRADER wrote: Wed Nov 27, 2024 5:56 am Abdi,
The 15m stochs signal is from the K/D cross in the 15m chart.
In the chart grabs below the first illustration is when the arrow/line appears - it is not 15m until the signal appears. It gives time to assess the validity of the signal and in this specific trade it was a good signal.
The second chart is the finish of the uptrend and gives time to assess if this is indeed the top of this upmove - there is divergence but this is a strong upmove and it could well 'disappear' as the upmove continues. Price never moves up forever.
I have also added a background zone indicator to show when stochs 233 is over 95 (pink) or under 5 (palegreen). It just gives a better chance of winning trades.
TEAMTRADER

Thanks. I see.
I adjustet the chart a bit for my ayes. The histo is the Rsx, i think the devergences can also be seen on in the Stochastics. The arrows and dots are signals of the Stochastics 21.4 exiting the ob/os levels.

I personaly have problems with exits. Either too early or too late :D. Do you do it with this system purely mechanical? Exit the trade when the Stoch for example crosses the opposite ob/os levels?

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Re: MT4 Indicators with alerts/signals

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Abdi wrote: Thu Nov 28, 2024 11:44 pm Thanks. I see.
I adjustet the chart a bit for my ayes. The histo is the Rsx, i think the devergences can also be seen on in the Stochastics. The arrows and dots are signals of the Stochastics 21.4 exiting the ob/os levels.

I personaly have problems with exits. Either too early or too late :D. Do you do it with this system purely mechanical? Exit the trade when the Stoch for example crosses the opposite ob/os levels?


Teamtrader Stoch System 1.JPG
Hey! Setup looks good. Could you share indicators/template for this to try out? Thanks in advance 🙏


Moving AveragesRe: MT4 Indicators with alerts/signals

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Kjamie993 wrote: Fri Nov 29, 2024 12:20 am Hey! Setup looks good. Could you share indicators/template for this to try out? Thanks in advance 🙏
Setup template by Abdi

Sure, but it's Teamtrader's setup. Better you familiarize your self with his posts! This is just me designing it for my ayes.

You have to put the whole Teamtrader folder in the "Indicator's" folder ... 📂

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Re: MT4 Indicators with alerts/signals

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Abdi wrote: Fri Nov 29, 2024 4:42 am Sure, but it's Teamtrader's setup. Better you familiarize your self with his posts! This is just me designing it for my ayes.

You have to put the whole Teamtrader folder in the Indicator's folder ...
Teamtrader FS MTF Stoch 1m System.zipFS Teamtrader MTF Stoch 1m System 1.tpl
Think this should have its own dedicated thread instead of here in the alerts/signals section. Just need a name :)
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Re: MT4 Indicators with alerts/signals

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Abdi wrote: Fri Nov 29, 2024 4:42 am Sure, but it's Teamtrader's setup. Better you familiarize your self with his posts! This is just me designing it for my ayes.

You have to put the whole Teamtrader folder in the Indicator's folder ...
This template gives great clarity I think this is one of the best-looking chart's I've seen. Thanks to both Teamtrader and Abdi so far!
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Re: MT4 Indicators with alerts/signals

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Abdi wrote: Fri Nov 29, 2024 4:42 am Setup template by Abdi
Splendid work and design Abdi and Teamtrader ... Can this system be used on higher intraday timeframes? You bet 😁

This is a template adjusted for the 1 Hour timeframe using Abdi's indicators zip file set from here
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