"Sub window" or second chart
Re: Trend Indicators for MT4
1331- These users thanked the author Lightningstorm7 for the post:
- Chickenspicy
"Sub window" or second chart
High Low TrendLightningstorm7 wrote: Tue Nov 08, 2022 8:38 am Hello Mrtools hows it going? can you please make a SW version for this indicator please it would be greatly appreciated
High - low trend 3.01(mtf + alerts).mq4
Hello Josijosi wrote: Fri Oct 07, 2022 1:51 am Man, you did it - again!
As far as I am concerned the standard inputs are already perfect.
It is a complete trading system, right there in front of our noses.
You just have to start trading immediately.
Perfection in one indicator - what more can anyone ask for now.
This is not top ten, but number one, man, number one.
Well, you're the man!
a) the indicator gives you the biasKnight wrote: Tue Nov 08, 2022 10:04 am How exactly would you use this indicator? How does it optimize one's trading?
mr.tools
Thank you for taking your time to reply.josi wrote: Tue Nov 08, 2022 5:27 pm a) the indicator gives you the bias
b) it provides you with entries and exits
c) the su&re tells you when and why to be careful (but isn't really necessary if you always check what has been going on at a certain level before - i. e. check price to the left of current price, zoom out)
If you don't see that - on the screenshot right in front of you - then you won't be able to trade it (as yet).
I follow the price action (higher highs, higher lows - buy vs lower lows. lower highs sell) and the indicator is "only" there to visualize this structure.
"exactly" is a word that asks for precise entry, exit, SL and TP, i. e. a formula:
If you want/need a formula it is better to read Xard's thread and memorize the 2nd dot-narrative (which actually is nothing but: higher highs, higher lows - buy vs lower lows. lower highs sell; visualized by semafores/zigzags [the same thing]; the rest is basically a lot of colour for confirmation because we don't trust what we see).
As far as I know there is no such thing as "high-low trend" but there you are...
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