Here is the Hi Lo indicator I use. On the 4Hr (which is where I take my entries), I set it to the weekly Hi-Lo. For the Daily chart (which determines trend direction), I set it to the monthly.Banzai wrote: ↑Thu Aug 06, 2020 8:16 amHere are some indicators:naluvs01 wrote: ↑Thu Aug 06, 2020 12:41 amI use a Zero Lag HMA (from this site) set to 20 (div 2.0) which determines the prevailing trend; Half-Trend because is acts a floating S/R; a MTF Hi-Lo indicator that shows the previous week Hi and Lo; a TDI-ish concept for range (RSI 10 - Ema 1, EMA 7 & BB 34/3); I use RSIx3 (indicator on this site) set to close - periods 2, 3 & 5.
Also, I've included the LFX indicator created by Mathtrader7 from FF. I hope I'm not breaking any rules by posting it here. It's the same as LiteForex, but it's missing the wicks which I don't care about anyway. In order to use EA, you need to attach it to an EURUSD chart of your selected time frame. Then select which LFX index you want the EA to create for you.
The EA will then generate the LFX index as an offline chart with the same time frame as you have attached the EA to the EURUSD chart.