The newest templates are just one schaff trend. Buy and sell.
MTF Schaff Trend w/ Alerts 27 replies
Need help from a programmer for a multimple Schaff Trend Cycle 0 replies
Can Anybody translate Schaff Trend Cycle Code into Metatrader 2 replies
Where can I download the ADXR and Schaff Trend Cycle indicators? 3 replies
Schaff Indicator 0 replies
Disliked{quote} I use ATR only for getting the number. As I said, I do not take a trade if last high/low is more than 3 * ATR. I have also used ATR for setting SL and TP for some systems. Usually it has been 3* ATR for SL and 4 * ATR for TP.Ignored
Disliked{quote} I've got two indicators here that show the [ATR (522) no multiplier] and the distance from high and low (see attachment). How would I interpret this from taking a trade that is about 3 ATR's from the high or low? Thanks. {image}Ignored
Disliked{quote} If ATR is 16 then 3 * ATR is 48. So, if the possible entry is more than 48 pips from last low (for buy) or high (for sell) then no trade. From your picture I see that the distance from last high was around 30 pips, which means that everything was OK for taking the trade.Ignored
Disliked{quote} The alert function seems to lag. I got the alert on the arrow. It should be where the vertical lines is. {image}Ignored
Disliked{quote} No, that's right, it's an alert at the intersection of level 10, not level 90. Upd: The condition for the alert is correct. That is, it must work when crossing level 90 from the top down and at the intersection of the 10 level from the bottom up. In fact, it works at any level crossing, I'll try to figure it out tomorrow. Upd2: Has corrected. Now the alerts are worked out as they should. Check {file} {file}Ignored
Disliked{quote} Hi. I have installed on my chart but it not show as it should, not 10 and 90 vertical lines.Ignored
Disliked{quote} No, that's right, it's an alert at the intersection of level 10, not level 90. Upd: The condition for the alert is correct. That is, it must work when crossing level 90 from the top down and at the intersection of the 10 level from the bottom up. In fact, it works at any level crossing, I'll try to figure it out tomorrow. Upd2: Has corrected. Now the alerts are worked out as they should. Check {file} {file}Ignored