Re: Indicators with ON/OFF buttons

551
Yesterday BreakOut

yHigh = yesterday High
yLow = yesterday Low
Current = current price

When the prices breakout above yesterday high, we go long.
Vice versa.
When the prices breakout below yesterday low, we go short.

But there's always a fake breakout.

This is an old strategy way back in 2007 called Spud's MTF FIB Breakout System

If the price is near the low or the high of yesterday,
this is what the colors look like in the two pictures below.

Click on the symbol buttons such as [GBPJPY] to go
directly to that chart.

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Edit: Thursday, August 13th, 2020, 11PM, PST
Please download the new version at:
viewtopic.php?p=1295416985#p1295416985
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------------------------------------------------------------------
edit 5/8/22:
Please download newer versions at:
viewtopic.php?p=1295476970#p1295476970

Thank you.
These users thanked the author Banzai for the post:
josi


Re: Indicators with ON/OFF buttons

553
DVanAssen wrote: Tue Aug 11, 2020 8:29 pm Hi again Banzai and Xaard. Too many including me, using Xaard VWAP is great as it is aligned to daily weekly and monthly "lines". But scrolling back and forth as suggested by Xaard is cumbersome. What i done was added the attached VWAP to my charts together with Xaard VWAP thus on whatever TF chart we are on we can also see the daily weekly and monthly levels together with Xaard VWAP. By so doing it reveals these unexplained "stops' between Xaard VWAP and also helps to set TP and SL. To those who will use it please change the colors (I have for visual memory sake made LimeGreen daily, Weekly White and Magenta Monthly). Thus Sir, please in your spare time please add a button to this indi to make Xaard set "complete".
Once again gratitude and respect. Stay well
OK, done.
These users thanked the author Banzai for the post (total 2):
DVanAssen, Skyold

Moving AveragesRe: Indicators with ON/OFF buttons

554
Banzai wrote: Thu Aug 13, 2020 8:27 am Yesterday BreakOut

yHigh = yesterday High
yLow = yesterday Low
Current = current price

When the prices breakout above yesterday high, we go long.
Vice versa.
When the prices breakout below yesterday low, we go short.

But there's always a fake breakout.

This is an old strategy way back in 2007 called Spud's MTF FIB Breakout System

If the price is near the low or the high of yesterday,
this is what the colors look like in the two pictures below.

Click on the symbol buttons such as [GBPJPY] to go
directly to that chart.
Dear Mr.Banzai

Thank you for giving us great indicators every day. :In Love:

When I was using this indicator, I thought that if it could be added the fanction to detect not only yesterday's high / low breakouts, but also Asian breakouts, London opening breakouts, etc., it would be the most effective indicator of all break out ones.

I will post this request in the MT4 Indicator requests and ideas section.

Thank you very much. <3

Mrs.Watanabe
These users thanked the author Mrs.Watanabe for the post (total 2):
Banzai, josi
At the back of a road in common use is another road in the mountain of flowers; you may take either way but be in time still in bloom.(Rikyu SEN)
人の行く裏に道あり花の山
いずれを行くも散らぬ間に行け (利休百首外から)

Re: Indicators with ON/OFF buttons

555
Mrs.Watanabe wrote: Thu Aug 13, 2020 1:20 pm I will post this request in the MT4 Indicator requests and ideas section.
Yes, please.
I don't know mql4 enough
and my mql4 knowledge didn't improve much.
Thank you.

The easiest breakout is the Jurik Band squeeze breakout.
We don't have to study much. We look and we can see. One indicator.
It's an overkill indicator but it's so easy to spot the squeeze.
We really need a dashboard to alert us when there's a squeeze.

Nice talking to you.
Attachments
These users thanked the author Banzai for the post (total 2):
charli, thomdel


Re: Indicators with ON/OFF buttons

557
Mrs.Watanabe wrote: Thu Aug 13, 2020 1:20 pm
Dear Mr.Banzai
Thank you for giving us great indicators every day. :In Love:

When I was using this indicator, I thought that if it could be added the fanction to detect not only yesterday's high / low breakouts, but also Asian breakouts, London opening breakouts, etc., it would be the most effective indicator of all break out ones.
I will post this request in the MT4 Indicator requests and ideas section.
Thank you very much. <3
Mrs.Watanabe
Until you realize that every price move that doesn't end in an inside (or same size) candle is a breakout.
Breakout vs inside candles (or ranges if you want to break a higher TF down to a lower TF)
But that is part of price action trading, so you know all about that...

Re: Indicators with ON/OFF buttons

558
Banzai wrote: Thu Aug 13, 2020 2:29 pm
The easiest breakout is the Jurik Band squeeze breakout.
We don't have to study much. We look and we can see. One indicator.
It's an overkill indicator but it's so easy to spot the squeeze.
We really need a dashboard to alert us when there's a squeeze.

Nice talking to you.
Nice squeeze on the Jurik Volty Bands modified by MrTools for Beastie:
Attachments

Re: Indicators with ON/OFF buttons

559
Banzai wrote: Thu Aug 13, 2020 8:27 am Yesterday BreakOut
I didn't like the colors. They're too confusing.
So I just make two colors.
If the prices are above yesterday high, then it's green.
Vice versa.
If the prices are below yesterday low, then it's red.
----------------------------------------------------------------------------------------
Edit: Thursday, August 13th, 2020, 11PM, PST
Please download the version at:
viewtopic.php?p=1295416985#p1295416985
----------------------------------------------------------------------------------------
Attachments
These users thanked the author Banzai for the post:
josi


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