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Trend Indicators

Moderators: mntiwana, mrtools

Re: Trend Indicators

#301
This is the old i Trend made much simpler(used Mladen's mt5 version).Has all the price options and 8 different moving average options.The dashed line is sort of trend confirmation level, if iTrend is above the level the trend is considered strong, it's controlled by level factor and level look back bars.
Attachments
i_Trend.mq4
(15.28 KiB) Downloaded 512 times
it.png


Re: Trend Indicators

#302
There's quite a few posts in this thread, I've been scanning but I figured It might save some time. What's considered to be the most reliable trend indicator out there? There's many to choose from so I figured I would ask.

Thanks!

Re: Trend Indicators

#303
mladen wrote:
Sat Oct 28, 2017 5:32 am
Did anybody actually read what I have told in that post?
You know, one picture is worth a thousand words. :)

Tick Volume Indicator by William Blau

#304
William Blau's TVI indicator for MT4. Originally created in 1995 it was one of the first "all-in-one" indicators and caught the keen eye of many technical traders and is still used today.

How to use:
  • TVI bar color change is a signal to enter the market. When the TVI changes from yellow to red, it is a signal to buy and if the TVI bar changes from blue to green, it is a signal to sell.
  • Just like the MACD and TRIX, the zero line on the indicator determines market sentiment and trend. If the TVI bars are above the zero line it's bullish and if the TVI bars are below the zero line the trend is bearish. Zero line crosses can be used to determine continuation and trend entries as well.
  • The indicator also displays the market trend of the chosen timeframe and automatically displays this in text in the top left indicator window as (“up” or “down”).

EURUSDH1.png
Tick Volume Indicator.mq4
(17.23 KiB) Downloaded 701 times
Myfxbook live trading results

Waddah Attar Explosion Averages

#305
Here is the optimized averages version of the Waddah Attar Explosion indicator from my archive of "Best of TSD" Forex TSD files.

A bit of history on this first! We first saw the original Waddah Attar Explosion indicator introduced on our beloved Forex TSD back in 2007 by Ahmad Waddah Attar.
To give you an idea how long ago that was, this was the legendary Forex TSD logo at the time!
TSD 2007.gif
TSD 2007.gif (10.13 KiB) Viewed 2655 times

And the rest is history.

But such indicator was exciting for traders back then because it worked so well and was easy on the eyes. And this indicator is still such a beautiful and simple tool to use.

Mr. Waddah Attar himself explained:
  • Red histogram hows the current down trend
  • Green histogram shows the current up trend
  • Yellow line's direction shows the explosion in price up or down
  • The Waddah Attar Explosion is made to be used on the 30 minute chart

Signal for buy:
  • Green histogram bar is up, the yellow line is up, and green histogram bar is higher than the yellow line.
  • Trade can be exited when the green histogram bar drops lower than the yellow line.
Signal for sell:
  • Red histogram bar is up, the yellow line is up, and red histogram bar is higher than the yellow line.
  • Trade can be exited when the red histogram bar drops lower than the yellow line.

GBPJPYM30WA.png
waddahattarexplosion_averages_nmc_alerts_2_1.mq4
(30.73 KiB) Downloaded 628 times
waddahattarexplosion_averages_nmc_alerts_2_1.ex4
(101.12 KiB) Downloaded 451 times
Myfxbook live trading results


Re: Tick Volume Indicator by William Blau

#306
Jimmy wrote:
Wed Nov 22, 2017 4:47 pm
William Blau's TVI indicator for MT4. Originally created in 1995 it was one of the first "all-in-one" indicators and caught the keen eye of many technical traders and is still used today.

How to use:
  • TVI bar color change is a signal to enter the market. When the TVI changes from yellow to red, it is a signal to buy and if the TVI bar changes from blue to green, it is a signal to sell.
  • Just like the MACD and TRIX, the zero line on the indicator determines market sentiment and trend. If the TVI bars are above the zero line it's bullish and if the TVI bars are below the zero line the trend is bearish. Zero line crosses can be used to determine continuation and trend entries as well.
  • The indicator also displays the market trend of the chosen timeframe and automatically displays this in text in the top left indicator window as (“up” or “down”).


EURUSDH1.png

Tick Volume Indicator.mq4
jimmy - Does this William Blau's TVI indicator repaint?

Re: Waddah Attar Explosion Averages

#307
Jimmy wrote:
Mon Nov 27, 2017 8:01 pm
Here is the optimized averages version of the Waddah Attar Explosion indicator from my archive of "Best of TSD" Forex TSD files.

A bit of history on this first! We first saw the original Waddah Attar Explosion indicator introduced on our beloved Forex TSD back in 2007 by Ahmad Waddah Attar.
To give you an idea how long ago that was, this was the legendary Forex TSD logo at the time!

TSD 2007.gif


And the rest is history.

But such indicator was exciting for traders back then because it worked so well and was easy on the eyes. And this indicator is still such a beautiful and simple tool to use.

Mr. Waddah Attar himself explained:
  • Red histogram hows the current down trend
  • Green histogram shows the current up trend
  • Yellow line's direction shows the explosion in price up or down
  • The Waddah Attar Explosion is made to be used on the 30 minute chart

Signal for buy:
  • Green histogram bar is up, the yellow line is up, and green histogram bar is higher than the yellow line.
  • Trade can be exited when the green histogram bar drops lower than the yellow line.
Signal for sell:
  • Red histogram bar is up, the yellow line is up, and red histogram bar is higher than the yellow line.
  • Trade can be exited when the red histogram bar drops lower than the yellow line.


GBPJPYM30WA.png
waddahattarexplosion_averages_nmc_alerts_2_1.mq4
waddahattarexplosion_averages_nmc_alerts_2_1.ex4
I didn't have any yellow line there, so I changed (line 123) from

Code: Select all

SetIndexBuffer(2,buffer3);
to

Code: Select all

SetIndexBuffer(2,buffer3); SetIndexStyle(2, DRAW_LINE);
and now I can see the yellow line :thumbup:

Re: Tick Volume Indicator by William Blau

#308
SilverBB wrote:
Tue Nov 28, 2017 10:38 am

jimmy - Does this William Blau's TVI indicator repaint?
As far as I know it doesn't repaint but I'll reconfirm and check it!

Jagg wrote:
Tue Nov 28, 2017 7:59 pm

I didn't have any yellow line there, so I changed (line 123) from

Code: Select all

SetIndexBuffer(2,buffer3);
to

Code: Select all

SetIndexBuffer(2,buffer3); SetIndexStyle(2, DRAW_LINE);
and now I can see the yellow line :thumbup:
Good work! Just a tip, if no lines are appearing on any indicator you install it's a bug in MT4 Build 1090 that causes this. All you need to do is open the indicator file in Meta Editor, press "Compile" 3 times and it'll be fixed :thumbup:
Myfxbook live trading results

Re: Tick Volume Indicator by William Blau

#309
Jimmy wrote:
Wed Nov 22, 2017 4:47 pm
William Blau's TVI indicator for MT4. Originally created in 1995 it was one of the first "all-in-one" indicators and caught the keen eye of many technical traders and is still used today.

How to use:
  • TVI bar color change is a signal to enter the market. When the TVI changes from yellow to red, it is a signal to buy and if the TVI bar changes from blue to green, it is a signal to sell.
  • Just like the MACD and TRIX, the zero line on the indicator determines market sentiment and trend. If the TVI bars are above the zero line it's bullish and if the TVI bars are below the zero line the trend is bearish. Zero line crosses can be used to determine continuation and trend entries as well.
  • The indicator also displays the market trend of the chosen timeframe and automatically displays this in text in the top left indicator window as (“up” or “down”).


EURUSDH1.png

Tick Volume Indicator.mq4
Hi Jimmy,

It's not working for me. I tried 3 times compile trick to get rid of MT4 bug but still it's not working. Thanks for your time.

Re: Tick Volume Indicator by William Blau

#310
reachme wrote:
Tue Dec 12, 2017 4:51 am
Jimmy wrote:
Wed Nov 22, 2017 4:47 pm
William Blau's TVI indicator for MT4. Originally created in 1995 it was one of the first "all-in-one" indicators and caught the keen eye of many technical traders and is still used today.

How to use:
  • TVI bar color change is a signal to enter the market. When the TVI changes from yellow to red, it is a signal to buy and if the TVI bar changes from blue to green, it is a signal to sell.
  • Just like the MACD and TRIX, the zero line on the indicator determines market sentiment and trend. If the TVI bars are above the zero line it's bullish and if the TVI bars are below the zero line the trend is bearish. Zero line crosses can be used to determine continuation and trend entries as well.
  • The indicator also displays the market trend of the chosen timeframe and automatically displays this in text in the top left indicator window as (“up” or “down”).


EURUSDH1.png

Tick Volume Indicator.mq4
Hi Jimmy,

It's not working for me. I tried 3 times compile trick to get rid of MT4 bug but still it's not working. Thanks for your time.
I think it is working with me,any way try this ex4
Attachments
EURJPYM5.png
Tick Volume Indicator.ex4
(25.5 KiB) Downloaded 367 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


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