Hi all,
I have had so much help from the guys on this forum that i feel I may have the audacity to ask for a special indicator.
I do mostly position trading, but it often happens that during a price move in a certain direction there are say 2 candles which retrace in the opposite direction, and my system than says trade finished ! Whilst in fact after these 2 candles the trade moves on in the original direction.
I am looking for an indicator that will continue to identify the trend direction and ignore this small retracement.
I know of one which could assist, being the BullsEye, but it takes it too far... if we had the mql4 file we could possibly adjust it.
Any ideas please?
Thank you again.. as always, grateful indeed.
I have had so much help from the guys on this forum that i feel I may have the audacity to ask for a special indicator.
I do mostly position trading, but it often happens that during a price move in a certain direction there are say 2 candles which retrace in the opposite direction, and my system than says trade finished ! Whilst in fact after these 2 candles the trade moves on in the original direction.
I am looking for an indicator that will continue to identify the trend direction and ignore this small retracement.
I know of one which could assist, being the BullsEye, but it takes it too far... if we had the mql4 file we could possibly adjust it.
Any ideas please?
Thank you again.. as always, grateful indeed.