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Best Indicator Ever based on ATR

  • #1
  • First Post: Jul 22, 2016 3:59am Jul 22, 2016 3:59am
Hello,

I have been using a Indicator based on ATR from last 3 months , i have seen good success Rate with this , i want to share this with you guys.

This indicator will give you Green and red lines , if green appears BUY, and SELL on red

iam using 5min and 15 min time frame and success ratio is more than 85%


Note: Iam not the coder of this Ea, iam really thankful to the one who developed this
Attached Image (click to enlarge)
Click to Enlarge Name: tsr indi.png Size: 35 KB



Indi:
Attached File(s)
File Type: mq4 TSR V II.mq4   6 KB | 7,550 downloads
  • #2
  • Jul 22, 2016 4:13am Jul 22, 2016 4:13am
Hello i just check him a bit (15m only) it acts like an other indicator i have (i post it down) when they have the same period. Could you post some trades you made with it maybe we can combine some stuff and create something good out of it!
Attached File(s)
File Type: mq4 supertrendprofit4.mq4   10 KB | 4,348 downloads
  • #3
  • Jul 22, 2016 4:17am Jul 22, 2016 4:17am
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.png Size: 39 KB
  • #4
  • Jul 22, 2016 4:20am Jul 22, 2016 4:20am
Quoting stoxos
Hello i just check him a bit (15m only) it acts like an other indicator i have (i post it down) when they have the same period. Could you post some trades you made with it maybe we can combine some stuff and create something good out of it! {file}

i have checked your Indi , but it is quite opposite to TSR indi, when TSR is showing BUY your indi is showing SELL
  • #5
  • Jul 22, 2016 4:25am Jul 22, 2016 4:25am
Any details on how to buy/sell and SL? Is it always in the market indicator? Also, there are two arrows; what are they? Thanks.
  • #6
  • Jul 22, 2016 4:28am Jul 22, 2016 4:28am
Quoting surekobai
Any details on how to buy and sell?
buy when green line appears

sell on red
  • #7
  • Jul 22, 2016 4:29am Jul 22, 2016 4:29am
My friend it only match when they both have the same settings set them to 40 and check again

look my chart
Attached Image (click to enlarge)
Click to Enlarge Name: SAME.png Size: 27 KB
  • #8
  • Jul 22, 2016 4:30am Jul 22, 2016 4:30am
Thanks for sharing this toy. I guess it doesn't make sense to wait for color change for exit. One needs a TP or trailing stop.
  • #9
  • Jul 22, 2016 4:33am Jul 22, 2016 4:33am
Also my friend to you check the higher time frames for confirmation for your orders? cause if you have 85% success and you filter this with bigger time frame trend it would be perfect.
  • #10
  • Jul 22, 2016 4:47am Jul 22, 2016 4:47am
i see a lot of people watching this threat so can i ask if there is anyone who is a coder can someone build a mtf version with bars for those indicators please?

thank you
  • #11
  • Jul 22, 2016 5:30am Jul 22, 2016 5:30am
Try this one with those settings. Is even better than your TSR indicator. Is smoother and bumps out more.

D.

Attached Image
Attached File(s)
File Type: ex4 Regularized ema 2 alerts 1.1.ex4   30 KB | 3,949 downloads
  • #12
  • Jul 22, 2016 5:32am Jul 22, 2016 5:32am
Quoting stoxos
i see a lot of people watching this threat so can i ask if there is anyone who is a coder can someone build a mtf version with bars for those indicators please? thank you

Hi stoxos,

In fact this moving average is Hull moving average ,they have a lot of HUll average indicators.

You can google it .

Regards.
Attached File(s)
File Type: mq4 Hull moving average 2 nmc.mq4   8 KB | 2,686 downloads
KISS&V :Keep it simple safe & visual
  • #13
  • Jul 22, 2016 5:45am Jul 22, 2016 5:45am
thank you sohocool i will check it

So my friends both indis posted are just a Hull Moving Average ?

anyone trading with those?
  • #14
  • Jul 22, 2016 5:57am Jul 22, 2016 5:57am
Quoting techlover
Hello, I have been using a Indicator based on ATR from last 3 months , i have seen good success Rate with this , i want to share this with you guys. This indicator will give you Green and red lines , if green appears BUY, and SELL on red iam using 5min and 15 min time frame and success ratio is more than 85% Note: Iam not the coder of this Ea, iam really thankful to the one who developed this {image} Indi: {file}

if you combine with Chandelier Exit, it may help with better trades.

http://forex-indicators.net/volatili...handelier-exit
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #15
  • Edited 6:23am Jul 22, 2016 6:06am | Edited 6:23am
Quoting Sohocool
{quote} Hi stoxos, In fact this moving average is Hull moving average ,they have a lot of HUll average indicators. You can google it . Regards. {file}
seems there is some difference between the HUll and TSR

HULL is based on cross over of 2 hull moving average , but TSR is based on Moving average and ATR
  • #16
  • Jul 22, 2016 6:10am Jul 22, 2016 6:10am
85% hit rate? nice...
Look Sharp/Trade Tight
  • #17
  • Jul 22, 2016 6:36am Jul 22, 2016 6:36am
Quoting techlover
{quote} seems there is some difference between the HUll and TSR HULL is based on cross over of 2 hull moving average , but TSR is based on Moving average and ATR
If you check ,with same periods ,is exactly the same .

In TSR code ,no ATR (average true range) inside .

The Hull moving formula (no cross )

Calculation

  1. Calculate a Weighted Moving Average with period n / 2 and multiply it by 2
  2. Calculate a Weighted Moving Average for period n and subtract if from step 1
  3. Calculate a Weighted Moving Average with period sqrt(n) using the data from step 2

HMA= WMA(2*WMA(n/2) − WMA(n)),sqrt(n))

The best way is to read the code before to use indicators .the name of indicator is not realy important .

KISS&V :Keep it simple safe & visual
  • #18
  • Jul 22, 2016 6:45am Jul 22, 2016 6:45am
Quoting Sohocool
{quote} If you check ,with same periods ,is exactly the same . In TSR code ,no ATR (average true range) inside . The Hull moving formula (no cross ) Calculation Calculate a Weighted Moving Average with period n / 2 and multiply it by 2 Calculate a Weighted Moving Average for period n and subtract if from step 1 Calculate a Weighted Moving Average with period sqrt(n) using the data from step 2 HMA= WMA(2*WMA(n/2) − WMA(n)),sqrt(n)) The best way is to read the code before to use indicators .the name of indicator is not realy important .

Do u have any Ea based on HUll
  • #19
  • Jul 22, 2016 7:56am Jul 22, 2016 7:56am
And an other question for
Quote
techlover
you said 3 months and 85% success please can you give some info like your TP SL and the pairs you trade?
Also the trades are live or demo?

thank you
  • #20
  • Jul 22, 2016 8:56am Jul 22, 2016 8:56am
Quoting stoxos
And an other question for {quote} you said 3 months and 85% success please can you give some info like your TP SL and the pairs you trade? Also the trades are live or demo? thank you
++++++++++++++++++++++++++++++++

I agree. That Would be helpful.

Maybe see what you can do by adding Hull.
btw, TSR & HMA are identical, with this exception; HMA has settings for both MA type, and Price (open, close, high, low)
Attached Image (click to enlarge)
Click to Enlarge Name: HMA with TSR.png Size: 61 KB
Attached File(s)
File Type: ex4 HMA.ex4   10 KB | 1,817 downloads
File Type: mq4 HMA.mq4   4 KB | 2,376 downloads
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