Re: Dashboard Type Indicators for MT4

514
naluvs01 wrote: Thu Jul 07, 2022 2:21 pm Hi,
I did include my exact template if you scroll further down. I use the 6 on the daily TF and the 18 and 30 when I want to backtest. On the 30 template, that is a month and a half of information (20 days a month and 10 days are a week).
The loading template is the same color, can anyone fix this? I like this template very much. Thanks!

Re: Dashboard Type Indicators for MT4

515
naluvs01 wrote: Thu Jul 07, 2022 2:48 pm No problem. Each square represents a day. So since there are 8 major currencies, I paired all of the basket currencies together to give me the complete strength and weakness of the currency based on Heiken Ashi candles. On the pairs that were in second position, like EurAud, I simply reversed the color scheme so the strength/weakness would have continuity in the AUD group. So if you use a vertical line on one row of squares, and if 7 are on (Dark Khaki color) and another basket has 5 off (Dim Gray), then you would buy/sell the currency pair.

For instance, in the picture I provided, the vertical lines are showing what this Wednesday looked liked. Remember, I do not trade the current squares all the way to the right. Why? Because it reflects the current day and could start strong and if you trade it, it could reverse and you regret it! It's happen to me already. You can change the timeframe as well to the 4-hour or hour to confirm. However, from my experience, leaving it on the daily is best! Anyhow, based on the picture with the vertical lines, you would see that USD and JPY were the strongest currencies and GBP & EUR were the weakest, followed by CAD and CHF. So these could be the pairs you focus on and avoid USD/JPY.

In my opinion, Heikin Ashi is faster than using moving average crossovers or any other indicator. And by comparing all the currencies pairs in clusters, it gives you a comprehensive overview of the total strength/weakness scenario. It's not perfect, but it makes logical sense. Heiken Ashi puts the odds in you favor mathematically speaking. Once I compare the currencies, I look to enter on the 4-HR.

I hope this adds clarity...
Brother, are you still using this template for trading? Why is the color of your template the same when I load it? ...No change? ...I like your template very much...Can you share your trading template? Thank you……The color doesn't change much, is it the indicator's problem? The indicator cannot adjust the color.……Hopefully a programmer or someone can fix this. Thanks!


Re: Dashboard Type Indicators for MT4

516
daniel.dmn wrote: Sun Oct 03, 2021 7:41 am Abiroid OrderBlock Scanner Dashboard
Abiroid OrderBlock Scanner_v1.1.ex4



OrderBlockScanner.jpg


Based on Indicator: MTF_OrderblocksV3.0.ex4
MTF_OrderblocksV3.0.ex4



a1.jpg


Helps identify order blocks when higher timeframe OB are near current timeframe OB.
Best time to trade is to wait for a strong candle to break order block current (red) and H4 downwards.
And then keep a sell pending order at the order block for when price retraces. Same for Buy vice-versa.

Trade only when current Up (Blue) and Down (Red) order blocks are far from each other like in above image.


About dash:
Green text: Order block crossed Up
Red text: Order block crossed Down
Yellow: Price near Order block withing min distance points
Please can we get a working version of MTF_OrderblocksV3.0 indicator ? This version is no longer displaying


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