Dynamic Oscillator Levels | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Dynamic TakeProfit & Dynamic StopLoss EA/AI/Algorithm 0 replies

Trading System using Awesome Oscillator 48 replies

Dynamic Traders's Fibonacci Price Retracements/Projects Levels 0 replies

Projection Oscillator 5 replies

Stochastic Oscillator settings 5 replies

Attachments: Dynamic Oscillator Levels
Exit Attachments

Dynamic Oscillator Levels

  • #1
  • First Post: Feb 25, 2018 9:03am Feb 25, 2018 9:03am
Quoting TradeForexFx
Hi all, Appreciate if someone can create an indicator to mark the points as in attached chart. Arrows are positioned where CCI crosses specific levels (eg. -75 and +75 or -75 and +70 i.e both levels configurable). When the CCI has crossed up +75 an arrow appears at that point. The next arrow can only be a down arrow when it crosses down the specified down value (-75, -70). and then the next arrow can only be an up arrow, ignoring the next same side crossing. As shown in the attached chart, there will be no arrows in the area marked with blue rectangle. Thanks and regards
Coincidentally, I have recently programmed something similar.

It's not exactly what @TradeForexFx needs, but maybe will do in the near future.
The indicator does not use only fixed levels, but places also the Bollinger Band on oscillators. (In this release, works only Momentum and CCI.)
If someone tests the signals for dynamic levels and finds it useful, I add the other oscillators.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFM15.png Size: 37 KB
Attached File(s)
File Type: ex4 smBB_Oscillator_Signals_v1.ex4   27 KB | 508 downloads
  • #2
  • Last Post: Jan 31, 2020 10:03am Jan 31, 2020 10:03am
Hi Swingman,

I picked this thread because there are no discussions here so far.

I think to look at my idea here and do any changes would be better than on the strategy thread at this point because I don't want to see to much confusion or endless posts about an indicator.
When I load it there I will give an explanation about it and why I asked for it to be done, then others can decide for themselves if it will be useful for there trading.
I am not interested in the EA for the strategy as I would prefer to trade manually.

Here are the 2 examples on D1 and H4 charts as how I would like the indicator to be done. The FIB levels are examples of how it could be set up by a user, any levels can be used for testing/trading.

I hope my explanations are clear to you, and thank you very much in advance for your attention to this.

Attached Image (click to enlarge)
Click to Enlarge Name: FIBO INDI description D1.PNG Size: 87 KB

Attached Image (click to enlarge)
Click to Enlarge Name: FIBO INDI description H4.PNG Size: 61 KB
0 traders viewing now