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Re: Something interesting please post here (Metatrader)

Posted: Sun Jan 28, 2024 7:12 am
by dmnik
;)

Re: Something interesting please post here (Metatrader)

Posted: Sun Jan 28, 2024 7:15 am
by dmnik
;)

Re: Something interesting please post here (Metatrader)

Posted: Sun Jan 28, 2024 7:42 am
by galaxy
Garch volatility predictor

Re: Something interesting please post here (Metatrader)

Posted: Tue Jan 30, 2024 6:48 am
by SijjiN
Donchian MA Bands
(c) LuxAlgo

The Donchian MA Bands script is a complete trend indicator derived from the popular Donchian channel indicator as well as various customizable moving averages to estimate trend direction and build support/resistance levels & zones.
The indicator outputs various elements, the main ones being a lower dynamic zone (blue by default), an upper dynamic zone (in orange by default), and one support and resistance level/zone (red/green by default).

A prominent lower zone is indicative of an uptrend, while a prominent upper zone is indicative of a downtrend. These zones can be used as support/resistance as well.Support/resistance zones and levels can be used using a breakout methodology or to determine price bounced if a level was tested multiple times.

The indicator contains various modes affecting the output of the indicator, described below.

-Clouds return one upper/lower dynamic zone and look/act similarly to a trailing stop. Price over the lower zone is indicative of an uptrend, and price under the upper zone is indicative of a downtrend.
-The upper band mode returns a dynamic zone closer to prices during an uptrend, and farther away during a downtrend.
This band can act as a support during uptrends.
-The lower band mode returns a dynamic zone closer to prices during an uptrend, and farther away during a downtrend.
This band can act as a resistance during downtrends.
-Bands return both upper and lower zones, the zones are more apparent depending on the price trend direction, with uptrends being indicated by a more visible lower zone, and downtrends being indicated by a more visible upper zone.
Breakout dots are highlighted when price breakout the indicator displayed extremities, and can be indicative of a confirmed trend reversal.

:D enjoy !

Re: Something interesting please post here (Metatrader)

Posted: Tue Jan 30, 2024 10:49 pm
by dmnik
;)

Re: Something interesting please post here (Metatrader)

Posted: Wed Jan 31, 2024 1:30 am
by DVanAssen
dmnik wrote: Tue Jan 30, 2024 10:49 pm ;)
This is a demo? It does not go beyond year 2016

Re: Something interesting please post here (Metatrader)

Posted: Wed Jan 31, 2024 3:57 am
by SijjiN
DVanAssen wrote: Wed Jan 31, 2024 1:30 am This is a demo? It does not go beyond year 2016
Hi Buddy,

Just tested it, it works perfect here.

Re: Something interesting please post here (Metatrader)

Posted: Wed Jan 31, 2024 4:54 am
by lukgoku
did you understand how it works? is there a manual?

Re: Something interesting please post here (Metatrader)

Posted: Wed Jan 31, 2024 4:55 am
by lukgoku
Sorry, it's all in the rar file. ...... :sweat:

Re: Something interesting please post here (Metatrader)

Posted: Wed Jan 31, 2024 4:56 am
by SijjiN
lukgoku wrote: Wed Jan 31, 2024 4:54 am did you understand how it works? is there a manual?
Yes, There are 2x PDF Files inside.