Re: Honje's collection of indicators, strategies and trading journals

392
Seems to be especially effective for range-bound trends
Attachments
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Honje's collection of indicators, strategies and trading journals

393
honje19960321 wrote: Wed Aug 03, 2022 1:00 pm Seems to be especially effective for range-bound trends
Don't buy this one.
Here's the Pinescript code. We can convert to MT4.

Code: Select all

//@version=4
study(title='Bermaui Deviation Percent', shorttitle='BDP', overlay=false)

//originally created by Muhammad Elbermawi
//https://www.mql5.com/en/blogs/post/718182

//Inputs
length = input(20)
src = input(close)

//Bermaui Deviation Percent
basis = sma(src, length)
dev = stdev(basis, length)
hh = highest(dev, length)
ll = lowest(dev, length)
bdp = ((hh - dev) / (hh - ll))*100

//Color Conditions
bull = (bdp < 90) and (src > basis)
bear = (bdp < 90) and (src < basis)
lowVolatility = bdp > 90
col = bear ? color.red : bull ? color.blue : lowVolatility ? color.white : na

//Plots
hline(90, color=color.white, linestyle=hline.style_dashed)
hline(10, color=color.white, linestyle=hline.style_dashed)
plot(bdp, color=col, linewidth=3)
These users thanked the author Banzai for the post (total 6):
TransparentTrader, Chickenspicy, Jedidiah, Skyold, BeatlemaniaSA, traderduke

Re: Honje's collection of indicators, strategies and trading journals

394
Banzai wrote: Wed Aug 03, 2022 1:56 pm Don't buy this one.
Here's the Pinescript code. We can convert to MT4.

Code: Select all

//@version=4
study(title='Bermaui Deviation Percent', shorttitle='BDP', overlay=false)

//originally created by Muhammad Elbermawi
//https://www.mql5.com/en/blogs/post/718182

//Inputs
length = input(20)
src = input(close)

//Bermaui Deviation Percent
basis = sma(src, length)
dev = stdev(basis, length)
hh = highest(dev, length)
ll = lowest(dev, length)
bdp = ((hh - dev) / (hh - ll))*100

//Color Conditions
bull = (bdp < 90) and (src > basis)
bear = (bdp < 90) and (src < basis)
lowVolatility = bdp > 90
col = bear ? color.red : bull ? color.blue : lowVolatility ? color.white : na

//Plots
hline(90, color=color.white, linestyle=hline.style_dashed)
hline(10, color=color.white, linestyle=hline.style_dashed)
plot(bdp, color=col, linewidth=3)
Wow, Really?
I almost bought it on impulse.
Looking forward to our MT4 release
Thanks Banzai
These users thanked the author Jedidiah for the post (total 2):
Chickenspicy, Banzai
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Honje's collection of indicators, strategies and trading journals

395
I'll try it first. ;)
Attachments
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.


Re: Honje's collection of indicators, strategies and trading journals

396
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Honje's collection of indicators, strategies and trading journals

397
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Honje's collection of indicators, strategies and trading journals

399
shinnosuke wrote: Thu Aug 04, 2022 2:14 am Hi bro. Which one beatlemania's version we talk about? ;)
Thank you.
Looks like XU-HYBRID V4.0
These users thanked the author Jedidiah for the post:
shinnosuke
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.

Re: Honje's collection of indicators, strategies and trading journals

400
;)
Attachments
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.


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