This indicator is hardcoded for GBPUSD. Only important thing is calculation method.
I use 24 and 48 for MAs. You can use others combinations.
I use 2 NonLagsMa for every TF calculation. Direction is valid only if both MAs have same direction ( this filter fakes ).
Rules:
1) Currency Values ( left and right ) are 7 to -7. Sum values ( middle value ) are 14 to -14.
2) Sum values:
4 to 7 / -4 to -7 are strong direction.
8 to 14 / -8 to -14 are confirmed direction.
3) In addition to above, if currency values are 6/7 or -6/-7 trend is breakout or very strong.
A better idea:
I think if you use this rules for know trend force and MAs with nonlag to calculate distance for confirmation ( like your dashboard ) you have better and fast signals.
A example:
If you have bullish move with 1M/5M/15M TF with +7 ( sum values ) and you have distance crosses in green ( not important distance value, only cross above MAs ), you have buy confirmation. You can think if price cross MA and both MAs are in same direction movement is safe.
PS: As non lag crosses with price always are closer to place where price do reverse, then you reduce crosses lag in normal MAs.
I use 24 and 48 for MAs. You can use others combinations.
I use 2 NonLagsMa for every TF calculation. Direction is valid only if both MAs have same direction ( this filter fakes ).
Rules:
1) Currency Values ( left and right ) are 7 to -7. Sum values ( middle value ) are 14 to -14.
2) Sum values:
4 to 7 / -4 to -7 are strong direction.
8 to 14 / -8 to -14 are confirmed direction.
3) In addition to above, if currency values are 6/7 or -6/-7 trend is breakout or very strong.
A better idea:
I think if you use this rules for know trend force and MAs with nonlag to calculate distance for confirmation ( like your dashboard ) you have better and fast signals.
A example:
If you have bullish move with 1M/5M/15M TF with +7 ( sum values ) and you have distance crosses in green ( not important distance value, only cross above MAs ), you have buy confirmation. You can think if price cross MA and both MAs are in same direction movement is safe.
PS: As non lag crosses with price always are closer to place where price do reverse, then you reduce crosses lag in normal MAs.
Attached File(s)
STRENGTH.mq4
5 KB
|
919 downloads
NonLag ma nrp 2 nmc (1).mq4
7 KB
|
813 downloads
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