Re: Something interesting please post here (Metatrader)

3221
bilbao wrote: Sat May 27, 2017 8:23 pm The strategy of the triple screen - Elder's Triple Screen trading

Screen 01: Identify the weekly trend using the trend tracking indicator MACD to detect the main direction
Screen 02: Apply a stochastic oscillator on a daily chart.

Use declines on daily as part of weekly uptrend trends to find shopping opportunities Use rallies on daily as part of downtrends in weekly to find short-selling opportunities.

Screen 03: Use buying orders stops trolling when the weekly trend is bullish and the daily oscillator goes down.
Use the trolley technique when the weekly trend is bearish and the daily stochastic oscillator rises.

The stock indicator Elders Triple Screen displayed for each currency pairs, the direction of the trend determined for multiple indicators

  • MACD
  • Moving average exponential EMA
  • Stochastic oscillator
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Never tried looks profitable
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Re: Something interesting please post here (Metatrader)

3222
mr.tools
do you have MACD histo divergence in combination of zigzag indicator !!
if have kindly share or if not , possible to develop.
here the snap
note;; divergence consider in LL - LL position with macd red histobars && HH- HH with position with macd green histobars
open positon is based on sma 5 Cross
this is an experiment and for test for traders
a good step ..
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Re: Something interesting please post here (Metatrader)

3223
sal wrote: Mon Aug 21, 2023 1:22 am mr.tools
do you have MACD histo divergence in combination of zigzag indicator !!
if have kindly share or if not , possible to develop.
here the snap
note;; divergence consider in LL - LL position with macd red histobars && HH- HH with position with macd green histobars
open positon is based on sma 5 Cross
this is an experiment and for test for traders
a good step ..
Image

Image
Have you tried this one?