Re: MT4 Indicator requests and ideas

10425
mrtools wrote: Fri Jul 24, 2020 5:09 am

What type of channels/bands?
please refer to pic.

the bands from signals_channel will be plotted to the the exact vertical location of tm_smoothed_dtoch2.
arrows will appear on both window if the angle of the two is diverging. that is the new rule for its divergence.

(yes this will repaint coz price market is ever changing, however, this can be useful and will act as a complementary indicator to fibs, SR, TL, candle psych, and swing trading indis)

see 2nd pic how it complements TL and SR
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Re: MT4 Indicator requests and ideas

10426
mrtools wrote: Sat Jul 18, 2020 4:17 am
Added atr dead zone.
I think I understand what the dead zone supposedly indicates but - look at the chart - doesn't it rather keep you out of good trades, instead of keeping you out of bad ones? (screenshot 1)
Even if you try to improve signals by playing around with your fantastic array of MAs the dead zone is only so-so (screenshot 2).
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