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Strength breakout indicator

  • #61
  • Aug 14, 2017 4:49am Aug 14, 2017 4:49am
Quoting 4fxonly
{quote} Have you downloaded the latest version 3.1 from MT7?
I thought I had the latest 3.10 version but I didn't and 3.10 is where the arrow size shows up on the Inputs

thank you 4fxonly and Encorep202 for your kind replies

Now I'm in the same position as you 4fxonly in that I prefer a green arrow (version 3.0) for bullish rather than the blue (version 3.10)

Thanks MathTrader7 for your work on this!!!

.. if my vote counts .. change the bull arrow back to green or give us a place to select a preferred color
  • #62
  • Aug 14, 2017 5:00am Aug 14, 2017 5:00am
Quoting LITEchild
Since there is a lot of interest in this particular tool. Here is an example today of how good a filter it is. My currency strength tool flagged AUD as being worth a look this morning 8.30am(GMT). Drilling down to the corresponding AUD crosses shows ONLY AUDUSD with a tradable (scalping) setup. You should be able to figure out why the other crosses were untradable (for me that is). Entries and exits already triggered of course...should be obvious too... {image} {image} {image} {image} {image} {image} {image}
Keep a close eye on Strength Breakout on EURAUD to validate a scalp possibility...
  • #63
  • Aug 14, 2017 5:42am Aug 14, 2017 5:42am
Quoting Bret
{quote} .. if my vote counts .. change the bull arrow back to green or give us a place to select a preferred color
That would be nice, yes, but I can live without it. What still bothers me is the popup alert repeating at every bar. That almost invalidates the usefulness of the popup itself...
  • #64
  • Aug 14, 2017 11:38am Aug 14, 2017 11:38am
Quoting LITEchild
Since there is a lot of interest in this particular tool. Here is an example today of how good a filter it is. My currency strength tool flagged AUD as being worth a look this morning 8.30am(GMT). Drilling down to the corresponding AUD crosses shows ONLY AUDUSD with a tradable (scalping) setup. You should be able to figure out why the other crosses were untradable (for me that is). Entries and exits already triggered of course...should be obvious too... {image} {image} {image} {image} {image} {image} {image}
Can you share LITEScimitar v2 indicator ?
  • #65
  • Aug 14, 2017 2:04pm Aug 14, 2017 2:04pm
Quoting bonbon
{quote} Can you share LITEScimitar v2 indicator ?
Like my CSM, its a custom coded one. Not quite ready to release to the public just yet. But its no big deal really. Most histogram trend indicators will do just fine. Lots and lots free stuff floating around. Just pick your poison...
  • #66
  • Aug 14, 2017 4:06pm Aug 14, 2017 4:06pm
Quoting 4fxonly
{quote} That would be nice, yes, but I can live without it. What still bothers me is the popup alert repeating at every bar. That almost invalidates the usefulness of the popup itself...
In the next version I will implement it.
Trading is the hardest way to make easy money...
  • #67
  • Aug 14, 2017 10:44pm Aug 14, 2017 10:44pm
Quoting MathTrader7
{quote} In the next version I will implement it.

I really appreciate your work on this indicator MathTrader7. It would make it much more useful if the alert on a arrow formation only happened when the arrow first formed. It is interesting that it must be programmed to repeat the alert a certain number of times. I've not been using it long enough to figure out when an alert "expires." How many candlesticks it takes before the alert ceases .. anyway .. looking forward to Version 3.2 and thanks again for your efforts on our behalf!!!
  • #68
  • Aug 16, 2017 1:40pm Aug 16, 2017 1:40pm
Here is Version 3.20 of the indicator. You can change the colors of the up/down arrows, and enable/disable alerts, emails and mobile notifications.
Attached File(s)
File Type: ex4 MT7_AbsoluteStrenghtHisto.ex4   36 KB | 1,532 downloads
Trading is the hardest way to make easy money...
  • #69
  • Aug 16, 2017 2:55pm Aug 16, 2017 2:55pm
Quoting MathTrader7
Here is Version 3.20 of the indicator. You can change the colors of the up/down arrows, and enable/disable alerts, emails and mobile notifications. {file}
Wow! You have absolutely outdone yourself on this tool. Thanks so much Math. Your effort and time is truly appreciated.
  • #70
  • Aug 16, 2017 3:06pm Aug 16, 2017 3:06pm
Quoting MathTrader7
Here is Version 3.20 of the indicator. You can change the colors of the up/down arrows, and enable/disable alerts, emails and mobile notifications. {file}
Thanks. Downloaded and applied but the repeating alert is still stubbornly present. Since you don't mention fixing it, I suppose you might only have implemented some other changes for now. Is a new version cooking already?
BTW I second LITEchild's comment
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-16_21-05-12.jpg Size: 431 KB
  • #71
  • Aug 16, 2017 3:12pm Aug 16, 2017 3:12pm
Quoting 4fxonly
{quote} Thanks. Downloaded and applied but the repeating alert is still stubbornly present. Since you don't mention fixing it, I suppose you might only have implemented some other changes for now. Is a new version cooking already? BTW I second LITEchild's comment {image}
Hi, it is strange! Since it works as it is supposed to on my platform.
Trading is the hardest way to make easy money...
  • #72
  • Aug 16, 2017 3:21pm Aug 16, 2017 3:21pm
Quoting MathTrader7
{quote} Hi, it is strange! Since it works as it is supposed to on my platform.
I'm testing on ICMarkets live and Tickmill demo with same results. What the heck? In the pic you see my settings...
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-08-16_21-18-46.jpg Size: 75 KB
  • #73
  • Aug 16, 2017 3:32pm Aug 16, 2017 3:32pm
Quoting 4fxonly
{quote} I'm testing on ICMarkets live and Tickmill demo with same results. What the heck? In the pic you see my settings... {image}
You have enabled alerts, so the indicator pops-up alerts as previous versions...
Trading is the hardest way to make easy money...
  • #74
  • Aug 16, 2017 3:38pm Aug 16, 2017 3:38pm
Quoting MathTrader7
{quote} You have enabled alerts, so the indicator pops-up alerts as previous versions...
So is there not a way to fix the alert so it would appear only on the triggering bar and no more after that until a new "cycle" forms with a higher value than previous highest? Same as the arrows do basically. I hope I'm expressing myself clearly.
If you fix that, I'll send a bunch of flowers..,
  • #75
  • Aug 16, 2017 4:01pm Aug 16, 2017 4:01pm
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYM30.png Size: 50 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUDM30.png Size: 47 KB
  • #76
  • Aug 16, 2017 4:16pm Aug 16, 2017 4:16pm
Quoting LITEchild
{image}{image}
USEFUL HINT

Don't trade against the last printed arrow on the Daily Time Frame.
  • #77
  • Aug 16, 2017 4:18pm Aug 16, 2017 4:18pm
Quoting 4fxonly
{quote} So is there not a way to fix the alert so it would appear only on the triggering bar and no more after that until a new "cycle" forms with a higher value than previous highest? Same as the arrows do basically. I hope I'm expressing myself clearly. If you fix that, I'll send a bunch of flowers..,
I will look at this issue and release another version.
Trading is the hardest way to make easy money...
  • #78
  • Aug 16, 2017 4:33pm Aug 16, 2017 4:33pm
Quoting MathTrader7
{quote} I will look at this issue and release another version.
Thank you so much and sorry for keeping nagging about it. You've done so much already but I can't wait for this fix.
  • #79
  • Aug 16, 2017 5:36pm Aug 16, 2017 5:36pm
Quoting MathTrader7
{quote} I will look at this issue and release another version.
Thanks for your work
  • #80
  • Aug 17, 2017 3:12am Aug 17, 2017 3:12am
Quoting MathTrader7
Here is Version 3.20 of the indicator. You can change the colors of the up/down arrows, and enable/disable alerts, emails and mobile notifications. {file}
MT7 .. this is fabulous. Thank you for your efforts!

if for any reason you decide to work on this again .. or maybe it is possible now to make the arrows solid ? or does MT 4 even do that ?

anyone know if that can be changed now or if it would be possible ?

Thanks again MT7
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