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Re: Trend Indicators for MT4
Posted: Thu Dec 09, 2021 9:53 pm
by moey_dw
RplusT wrote:Thu Dec 09, 2021 7:29 pm
The SMMA seems to work very well too. Managed to put it on the chart right before the opening of the DE40....Boosts confidence. Nice trades.
Thank you mrtools!!!
that looks gud with the bands........... u using standard bollinger bands & settings rite???

Re: Trend Indicators for MT4
Posted: Thu Dec 09, 2021 9:56 pm
by ChuChu Rocket
RplusT wrote:Thu Dec 09, 2021 7:29 pm
The SMMA seems to work very well too. Managed to put it on the chart right before the opening of the DE40....Boosts confidence. Nice trades.
Thank you mrtools!!!
Decent setup mate, nice chart and some strong signals.
Re: Trend Indicators for MT4
Posted: Thu Dec 09, 2021 11:11 pm
by RplusT
I'm using one which got a shift setting.....So it's 14 with shift 2. That's all. It's pretty easy to trade.
Re: Trend Indicators for MT4
Posted: Fri Dec 10, 2021 7:04 pm
by constbln
RplusT wrote:Thu Dec 09, 2021 7:29 pm
The SMMA seems to work very well too. Managed to put it on the chart right before the opening of the DE40....Boosts confidence. Nice trades.
Thank you mrtools!!!
thanks for the picture. I just checked with awesome osc...signals are pretty much the same. I´ll see if I can find any tweeks
Re: Trend Indicators for MT4
Posted: Fri Dec 10, 2021 7:35 pm
by RplusT
Going one step further, if you put on an MA MTF with the same settings (14 shift 2) and "First higher TF" and another one with "Second higher TF" you can follow higher TFS on the lower TF chart. Here the example chart is a 1m chart where you can easily follow the 14 MA cross on the 5m and 15m chart. If you trade the 1H chart it would show the 4H and D1 too. Hard to go wrong with that. It's not rocket science, just keeping it simply and convenient. Actually there is no need for a subwindow.
Maybe this helps less experienced traders not to lose sight of the bigger picture. Have fun.
Here's a TPL for convenience
Re: Trend Indicators for MT4
Posted: Fri Dec 10, 2021 8:13 pm
by josi
RplusT wrote:Fri Dec 10, 2021 7:35 pm
Great: let's call it the "Xard-approach"
Different indies, same structure...
Re: Trend Indicators for MT4
Posted: Fri Dec 10, 2021 8:21 pm
by RplusT
josi wrote:Fri Dec 10, 2021 8:13 pm
Great: let's call it the "Xard-approach"
Different indies, same structure...
No need for calling it anything. Everyone is free to use it or ignore it. Also no need for me to copy anyone as I myself trade mostly without Indicators but just a few trendlines. But I'm aware there are many struggling with entries, exits and above all direction.
Besides, structure is dictated by Price action not indicators. Thus, every approach in the end got to look similar.
Re: Trend Indicators for MT4
Posted: Fri Dec 24, 2021 5:59 pm
by Yuri_I
[quote=mrtools post_id= time=1639005364 user_id=4864807]
Added the averages.
Merry Christmas, dear MrTools. You could expand the potential of this indicator if you add divergence, as well as a zero crossing warning signal. Good holidays for you and your loved ones!
Re: Trend Indicators for MT4
Posted: Fri Dec 24, 2021 9:17 pm
by josi
If you are looking for a nice little repainter as a X-mas present:
here it is:
Re: Trend Indicators for MT4
Posted: Fri Dec 24, 2021 10:43 pm
by Yuri_I
josi wrote:Fri Dec 24, 2021 9:17 pm
If you are looking for a nice little repainter as a X-mas present:
here it is:
It is very similar to the garland for the New Year tree)))