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Re: Dynamic Zone indicators for MT4

by: Krelian99
What is Dynamic Zone? Dynamic Zone is a possibility band. When the momentum indicator runs higher so that DZ line makes a new high and it draws a blue dot. The same on the negative site. Since the oscillator is quite sensitive and draws nice divergences it seems he finds the turning points easily. ...

Re: Best Settings for MT4 indicators

by: Krelian99
What is wrong with M5? If you like it quick and dirty, it's the place to be. An indicator can have many possible applications or can be leading indicator in a strategy, e.g. the RSI of MACD: momentum scalping, divergence picking, trend filter. Most settings works only for a tf and pair. But one indi...

Re: Volume Indicators for MT4

by: Krelian99
Yes, I love volume and without I feel naked or blind, and I don't like flying blind. NTL, where to start? Volume is an huge field to play on and traders needs long long time to understand and to master. I talked to some old guys in trading and most don't use volume. Most say in FX volume makes no se...

Re: Volume Indicators for MT4

by: Krelian99
@Gelsas: They look similar, but the Peak indi uses no volume and repaints. @Nas: You are right, it's similar to Trend Direction & Force Index. It looks nice, yes, but the point is I don't understand how the latter works and I still feel blind. You can't make short or middle term predictions, you...