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Re: Trend Direction Force Index Indicators MT4

#161
Jimmy, I currently use Coinbase Pro to trade crypto assets. What broker are you using to get BTC data feed on MT4?

Jimmy wrote:
Fri Aug 13, 2021 9:26 pm
This is another excellent upgrade to a highly-regarded indicator.

Just giving this one a try on the Daily Bitcoin chart seems to catch a lot of continuing trends with accuracy using these settings:

  • Default parameters
  • Only display Arrows when Entering the OB/OS zones
  • When the indicator enters OB/OS (Overbought/Oversold) zones, it gives traders a good signal on entering a strong trend, instead of counter-trend trading, the same way one would trade using the CCI as explained in this post: Trading using the CCI and Lambert's Way.

Attached below is a template with these settings. Please give them a go and let us know how you find them 👇
Image


Re: Trend Direction Force Index Indicators MT4

#162
mrtools wrote:
Fri Aug 13, 2021 3:41 am
This is another update for TDFI on the original it uses a smoothed price, smoothed with ema, and then a simple smoothed average of that ema, and then the final values are smoothed again with think the original was with an ema. Anyway with this version you can choose which average to use in all 3 instances. Also optimized the code a little more, hopefully to make it faster and lighter.

PS: For the settings used in our Daily Indicator chart, please see here: Trend Direction Force Index Settings Template for MT4.
Image
!!Trend direction + force index averages-(multisymbol + mtf + alerts) is better than the previous version.

Expect the teacher to revise histo version according to the update of this version (for example: Trend direction + force index-smoothed 4.31 histo + lines or Trend direction force index-smoothed 3.01 histo lines, etc.).
Trend direction + force index - smoothed 4.31 histo + lines.ex4
(174.41 KiB) Downloaded 68 times
Trend direction force index - smoothed 3.01 histo lines.mq4
(14.03 KiB) Downloaded 74 times

Re: Trend Direction Force Index Indicators MT4

#163
太虚一毫 wrote:
Thu Aug 26, 2021 2:38 am
!!Trend direction + force index averages-(multisymbol + mtf + alerts) is better than the previous version.

Expect the teacher to revise histo version according to the update of this version (for example: Trend direction + force index-smoothed 4.31 histo + lines or Trend direction force index-smoothed 3.01 histo lines, etc.).
Hi Thanks for sharing this indicator, can I ask if "Trend direction force index - smoothed 3.01 histo lines.mq4" is Non-repainting indicator?

Re: Trend Direction Force Index Indicators MT4

#165
mrtools wrote:
Fri Aug 13, 2021 3:41 am
This is another update for TDFI on the original it uses a smoothed price, smoothed with ema, and then a simple smoothed average of that ema, and then the final values are smoothed again with think the original was with an ema. Anyway with this version you can choose which average to use in all 3 instances. Also optimized the code a little more, hopefully to make it faster and lighter.

PS: For the settings used in our Daily Indicator chart, please see here: Trend Direction Force Index Settings Template for MT4.
Image
Hello,
I would like to ask, for the column "Symbol to use", is it similar scanner function? so I key in the symbol I would like to scan seperate by comma?

Thank you!
Daily Time Frame Trader


Re: Trend Direction Force Index Indicators MT4

#167
mrtools wrote:
Fri Aug 13, 2021 3:41 am
This is another update for TDFI on the original it uses a smoothed price, smoothed with ema, and then a simple smoothed average of that ema, and then the final values are smoothed again with think the original was with an ema. Anyway with this version you can choose which average to use in all 3 instances. Also optimized the code a little more, hopefully to make it faster and lighter.

PS: For the settings used in our Daily Indicator chart, please see here: Trend Direction Force Index Settings Template for MT4.
Image

!!Trend direction + force index averages-(multisymbol + mtf + alerts) is a beautiful and exquisite indicator.
!!Trend direction + force index averages - (multisymbol + mtf + alerts).ex4
(172.97 KiB) Downloaded 70 times


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