mctc currency strength indi for you to try

Hi Mario777 , please do not take this too personnally. Apologize.If you like this style of scalping/trading - I mean trading pairs that are showing strength or weakness at a certain momentum ..without purchasing nothing and with great success , you can try a NO LIMIT in time fabulous indicator called SuperSlope..this is free forever and does about the same job as buju indi offered here ( unless buju can proof contrary) ..display is quite different though it does not show "lines" nor clouds , but if you have a look at my MT4 screenshot you will see the strongest pairs on the left , the weakest on the right. Some of them have a
green or red dot just beside them - this is a buy or red signal - there is even an arrow besides them showing if the current tendency is growing / stacking or weakening . Example a GBPNZD strong with an arrow up and a green dot is a Strong buy
an EURNZD strong with an arrow down mean the the pair is strong , but the strength is weakening ... I played 15 min with the indi and few tools around GMT 03:00..just to show you a panel I use ...made around 40 pips on 7 pairs ..in 20 min.
last 3 pairs still opened when I scrennshot.
Baluda Superslope is available here :
https://www.forexfactory.com/showthr...6#post10303066
VR Stealth Pro is free at www.mql5.com ( this is visual trading , you press the buy button and it opens a buy with a preset lot size , SL , TP , Breakeven , trailing stop , etc... ) your SL and TP do not show at your broker..there are lines red for SL or green for TP on your chart ..very handy tool.
There is another tool called Symbol Changer with profit display that can be found here at FF...so , you do not have to switch Charts to jump to chfjpy , then go to chart , erunzd , open chart audcad , a nightmare while scalping ... everything in ONE screen : Baluda Slope , Symbol Changer ( with profit-show buttons in green when pair is in profit/red when in loss) AND the VR Stealth to open and monitor your trades .... so this is my apology present to you ..no need to PM me , I have no secrets to tell or sell by private chit/chat.
Green pips ..always.

[quote=stefdek;10442959]{quote} Hi Mario777 , please do not take this too personnally. Apologize.If you like this style of scalping/trading - I mean trading pairs that are showing strength or weakness at a certain momentum ..without purchasing nothing and with great success , you can try a NO LIMIT in time fabulous .....

When are you opening a new thread....??

Sorry guys , my mistake : here is the link to download SlopeValues with the buy/sell signals. It was indeed here at FF
on one of Master Hotpotato thread post# 725

https://www.forexfactory.com/showthr...95#post9130995

SlopeValue , will display different pairs/signals when changing time frames ....


Cheers.

Hi buju
All indicator is expired ? mctc 4 ?

https://www.forexfactory.com/attachm...0&d=1508715104

Hi buju
Which one works ?
Thanks

version has expirt

Expires After a few hours ! ! ! ? This is so weird. I have not seen until now .
but why ?

Hello Hamid ,
buju always post his indi's with too much short time to really experiment with them more than 2 weeks (unfortunately).
As it seems he is busy with other stuff he is selling at mql5.com . We do not know , if what he sells @ mql5 is same as
offered as experimental here. So , I guess it is quite stupid to buy his indi's at mql5 which might be different as the one
he wants to promote here . Maybe he will post another mod of his most recent version.

What I do not understand from this guy is why so much short time for experimentation , it takes days to get used to this indi and to learn the timings/behaviour ...it is called the learning curve , while you are almost about to catch the "beast" and adding some indi's for entry confirmation ..blaaammm. Version Expiry .

He is "fly fishing" while he could fish customers with a net ..very sad.

It seems counter productive to share an indicator for us to test and give feedback and suggestions and then put an expiry so we can't do proper testing.

It doesn't bother me if he's selling on MQL5, we all need to make a living, but if you want feedback and support from FF members then you also need to give a little. A longer expiry for the indicator would be a good start.

There where some problems with the new version , it was not stable , so I have disabled some beta features and post this version
expire_date = "2018.01.01" fyi , I write indicators for myself , and , for those that collaborate with me , they get rewarded.
The products . On mql5 bring in less than $50 /month. I put my programs on here and ask for feedback , but mostly the only way I get feedback is if I expire them.

Here is mctc ver 5.
It has a few extras and a whole new way of looking at strength trading.

some explanation: see picture

1. up down arrows , configurable true / false
2. strength
3.if pair is above or below average , this is the strength measured from the average
4. SMA , but it is accumulated over the indi timeframe , resets on new timeframe. a value of 10 is pure SMA , just play around and see how it behaves.
5. pairs
6.strength , still using the original algorythm
7. same as 3.
8. same as 4.
9. average value of all up moving pairs
10 average of all down moving pairs.


the arrows and alerts are drawn when the pairs strength value is above the average and above the sma , the opposite for down moving pairs.

there is over 1300 lines of code , there might be some bugs , if you get a array error , just reduce the barcount.

at this point I dont know how else to make this better , perhaps some aesthetics.

Please let me know your thinking on this version.

Thank you Buju for your support and generousity

I think this strategy could work really well if there was a kind of basket manager EA that could execute and manage the trades for you. For example you could set at which GMT time to open the trades, (Asian or London session etc) and set the minimum strength value that a pair must have to be opened etc. The EA could select the top and bottom 3-5 pairs (you choose how many) that match the strength criteria and then open them like a basket of pairs, then you set your TP and SL in pips or % etc.

Buju, so far i find no bugs and works fine.

Hi mario 777
what time frame your chart ? 5M ?
what time frame indicator ? D1 ?
Did you change the default indicator ?
Thanks

Change your chart time frame to M5. Its also mentioned in the indicator setting in the "about" section.

Although 5 Min is recommended, your chart is on a Daily timeframe and so is your indicator. You have highlighted the area that needs adjustment.

M.

yes i used default. 5m tf and Daily settings

@ mario777 , good job , thanks , looks like you making good profits.