theres so many good programmers here, would be nice if this could be turned into an expert.
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Quoting accreteDislikedGreetings fellow pipsters and doodlers. In my usual fashion of desiring a daily doodle i placed a simple hack on the original indicator:
This version is set to the default 50, and also has a vertical shift option with lines set to dot. So place it on the chart with the original and you will have your +/-20 pip "Wave".
_T_S_R__Signal_LineVS.mq4 Vertical Shift option (be sure to set another one for the negative 20 pip signal.
and here is the original but with the default of 50,3,0 _T_S_R__Signal_LineVS.mq4
more doodles at my website.
Cheers,
ThomIgnored
Quoting accreteDislikedGreetings fellow pipsters and doodlers. In my usual fashion of desiring a daily doodle i placed a simple hack on the original indicator:
This version is set to the default 50, and also has a vertical shift option with lines set to dot. So place it on the chart with the original and you will have your +/-20 pip "Wave".
_T_S_R__Signal_LineVS.mq4 Vertical Shift option (be sure to set another one for the negative 20 pip signal.
and here is the original but with the default of 50,3,0 _T_S_R__Signal_LineVS.mq4
http://www.accrete.com/fx-mirror/mt4...rsignalexp.gif
more doodles at my website.
Cheers,
ThomIgnored
Dislikedi am using the indicator in trading.
i started using this method for only a couple of days and seems to be good.
up 180 pips on gbp/usd right now... but its in a nice trend.. dunno what will happen when market ranges.
open trade when current price is 20 pips away from signal line.
i don't think we need to wait for close of candle.
hey... just to be certain here... i am throwing this idea out to everyone as something that looks to be good. any other suggestions and / or ideas are welcome.
for example the 2 lot idea came about because i was thinking of a way to minimize the spikes that happen corresponding with hitting a SL. so why not have 2 lots, one has a fixed TP the other let run.
maybe the fixed TP will get hit and give me some + pips before reverse and neg on other lot... get what am saying?
maybe it would reduce my losses.
anyways i am doing this and i am also trading a daily breakout with eur/usd which can be found in the other thread. (50 pip TP, +55 order on long, 35 on short, SL are different for long and short also, kinda stradle trade or hedging)
txs!Ignored
DislikedI am still trying to develop this:
use 4hr charts on gbp/usd.
only indicator is:
T_S_R Signal Line 50,3,0 settings.
Buy when candle closes above line and >20 pips difference between close and signal line.
Sell is reverse of above.
buy 2 lots. first has TP of 30 pips
second lot just let run till opposite signal.
when 2nd lot at 75pip profit move SL to B/E
no trailing stop.
stop at 75 pips.
maybe an EA could be developed for it.
thoughts?Ignored
DislikedI am still trying to develop this:
use 4hr charts on gbp/usd.
only indicator is:
T_S_R Signal Line 50,3,0 settings.
Buy when candle closes above line and >20 pips difference between close and signal line.
Sell is reverse of above.
buy 2 lots. first has TP of 30 pips
second lot just let run till opposite signal.
when 2nd lot at 75pip profit move SL to B/E
no trailing stop.
stop at 75 pips.
maybe an EA could be developed for it.
thoughts?Ignored
Dislikedcan someone please tell me what is TSR signal??
because i cant find it in indicator list. TSR= T.... support resistance???im confused.
Does TSR look like MA lines???
thank youuuuIgnored