I found these 2 indicators on a thread in 2012 that now appears to be dead so here goes me attempting to resurect the debate
It was said that the freescalperindicator was the closest thing you could find to a holy grail
[majid1978]i am testing this indicator these days and i can say after 5 years of trading and test thousands of strategies, systems, experts and indicators this is the only holy grail of indicators this is heaven of indicators thanks to author.
[kaiser soze]No it does NOT repaint, but you cannot follow it "blindly", still have to filter out the signals...
[Paris Hilton]Nothing works well on the 1 min. On the 5 min it works very well.
So on reading the positive feedback about the freescalperindicator I decided to write an EA and make it freely available to all @ Forex Factory. All I ask in return is for the group to advise me as to the best way to inplement this Indicator.
After publishing this video I recieved1 feedback:
feedback
[deltatrade] this is what i would do. next you should make an atr stop and tp. example stop loss=unit1*atr value and tp=unit2*atr value. unit1 and unit 2 are 2 external variables that can be set and useful in order to play around with them to find good settings. it might work at unit 1=1 and unit 2=1.
This was my response:
[ForexSquirre]Ive never used indicators in my trading other tham EMAs as I like to trade from candle patterns but I am sure I can include the ATR within my EA. I will just need somebody to tell me what to do with it by speaking to me like I am a bit stupid. So far I just see a single oscillating blue line in the MT4 ATR window and I have no idea what this is telling me.
Then I published video 2:
Before anyone had opportunity to view this video I looked back through the thread and came accrossthis post (I must have originally missed this due to my partial sightedness:
[Paris Hilton] I 'm using it in combination with this half trend indicator and you get fantastic signals.
I wanted to discus this pairing with Paris directly but he/she has not been on here during 2019 - So I added it as is to my EA anyway - Video 3:
Here are the indicator files used in my EA so far:
The direction I take next with my EA is down to any new feedback I recievewithin this thread.
Thanks.
Secret Squirrel.
It was said that the freescalperindicator was the closest thing you could find to a holy grail
[majid1978]i am testing this indicator these days and i can say after 5 years of trading and test thousands of strategies, systems, experts and indicators this is the only holy grail of indicators this is heaven of indicators thanks to author.
[kaiser soze]No it does NOT repaint, but you cannot follow it "blindly", still have to filter out the signals...
[Paris Hilton]Nothing works well on the 1 min. On the 5 min it works very well.
So on reading the positive feedback about the freescalperindicator I decided to write an EA and make it freely available to all @ Forex Factory. All I ask in return is for the group to advise me as to the best way to inplement this Indicator.
After publishing this video I recieved1 feedback:
Inserted Video
feedback
[deltatrade] this is what i would do. next you should make an atr stop and tp. example stop loss=unit1*atr value and tp=unit2*atr value. unit1 and unit 2 are 2 external variables that can be set and useful in order to play around with them to find good settings. it might work at unit 1=1 and unit 2=1.
This was my response:
[ForexSquirre]Ive never used indicators in my trading other tham EMAs as I like to trade from candle patterns but I am sure I can include the ATR within my EA. I will just need somebody to tell me what to do with it by speaking to me like I am a bit stupid. So far I just see a single oscillating blue line in the MT4 ATR window and I have no idea what this is telling me.
Then I published video 2:
Inserted Video
Before anyone had opportunity to view this video I looked back through the thread and came accrossthis post (I must have originally missed this due to my partial sightedness:
[Paris Hilton] I 'm using it in combination with this half trend indicator and you get fantastic signals.
I wanted to discus this pairing with Paris directly but he/she has not been on here during 2019 - So I added it as is to my EA anyway - Video 3:
Inserted Video
Here are the indicator files used in my EA so far:
Attached File(s)
freescalperindicator.ex4
5 KB
|
2,027 downloads
Attached File(s)
HalfTrend 1 & alerts.mq4
6 KB
|
2,152 downloads
The direction I take next with my EA is down to any new feedback I recievewithin this thread.
Thanks.
Secret Squirrel.