This is the Trendy indicator. It takes the buy/sell (long/short) values of 20 indicators and makes a % of how many indicators say buy/long and how many say sell/short.
It works pretty cool for coding something right out of the book, but what Im looking for is some help on the settings of these indicators (or maybe even adding some more indicators).
{Info on EA at the end}
Heres what Ive got
3 MAs: 5,10,20 with smoothed (SMMA) all 3 based on the close price. And you guessed it, if its greater than the last, long, less than the last, sell.
ADX: Period 14 and price is close. +>- long, -<+ short.
Bollinger: Period 14, Deviation 2, Shift 0, price close. Checks to see if the bands are expanding
CCI: 14, Price close >0 long, <0 short
Parabolic SAR: Step 0.02, 0.2 if it draws above High, long, if it draws below low, short.
2 MACDs: 12 and 26, Signal 9 and price close on both. Line>signal, long. Line<signal, short.
2 Stoch 5,3,3 and 14,3,3, price on both close. Main>signal, long. Main<signal, short.
RSI period 14. >50, long, <50 short.
Force period 14. >0 long, <0 short.
Momentum period 14. >100 long, <100 short.
Demarker period 14, current>last, long. Current<last, short.
RVI Period 10. Main>signal, long. Main<signal, short.
William % Range . >-20 long, <-80 short.
Accelerator/Decelerator. Take last 4 values (ac1, ac2, ac3, ac4) going from right to left on the chart:
if (ac1>ac2 && ac2>ac3 && ac1>0 && ac2>0 && ac3>0) long
if (ac1<ac2 && ac2<ac3 && ac1>0 && ac2>0 && ac3>0) short
if (ac1>ac2 && ac2>ac3 && ac3>ac4 && ac1<0 && ac2<0 && ac3<0 && ac4<0) long
if (ac1<ac2 && ac2<ac3 && ac3<ac4 && ac1<0 && ac2<0 && ac3<0 && ac4<0) short
Wattah Attar Explosion: if up>last up or down < last down, long. If up<last up and down>last down, short (This is a custom indicator, Ive included it).
My original goal was to take some of the best trending systems out there and combine them into one indicator/EA. But I just dont have the time to test all of them.
Now, if people out there are using trending systems that they like (manual OR EA), Id like to add them and actually create said EA. I would just need to know what the parameters would be.
Let me know what everyone thinks. Id like to start on it soon.
Thanks!
UPDATE: Trendy updated. See post #35 for reasons.
New Multiple Time Frame version of Trendy! see post #36 for details.
UPDATE: Fixed Trendy's Accelerator/Decelerator indicator and total indicator value. % value's are a little different. Update to the latest one.
UPDATE (12/28/2015): Updated Trendy.mq4 to handle WPR correctly now in post 600 builds of MT4.
UPDATE (1/4/2016): Updated Trendy.mq4 to proper coding in MT4 build 920 and up..
It works pretty cool for coding something right out of the book, but what Im looking for is some help on the settings of these indicators (or maybe even adding some more indicators).
{Info on EA at the end}
Heres what Ive got
3 MAs: 5,10,20 with smoothed (SMMA) all 3 based on the close price. And you guessed it, if its greater than the last, long, less than the last, sell.
ADX: Period 14 and price is close. +>- long, -<+ short.
Bollinger: Period 14, Deviation 2, Shift 0, price close. Checks to see if the bands are expanding
CCI: 14, Price close >0 long, <0 short
Parabolic SAR: Step 0.02, 0.2 if it draws above High, long, if it draws below low, short.
2 MACDs: 12 and 26, Signal 9 and price close on both. Line>signal, long. Line<signal, short.
2 Stoch 5,3,3 and 14,3,3, price on both close. Main>signal, long. Main<signal, short.
RSI period 14. >50, long, <50 short.
Force period 14. >0 long, <0 short.
Momentum period 14. >100 long, <100 short.
Demarker period 14, current>last, long. Current<last, short.
RVI Period 10. Main>signal, long. Main<signal, short.
William % Range . >-20 long, <-80 short.
Accelerator/Decelerator. Take last 4 values (ac1, ac2, ac3, ac4) going from right to left on the chart:
if (ac1>ac2 && ac2>ac3 && ac1>0 && ac2>0 && ac3>0) long
if (ac1<ac2 && ac2<ac3 && ac1>0 && ac2>0 && ac3>0) short
if (ac1>ac2 && ac2>ac3 && ac3>ac4 && ac1<0 && ac2<0 && ac3<0 && ac4<0) long
if (ac1<ac2 && ac2<ac3 && ac3<ac4 && ac1<0 && ac2<0 && ac3<0 && ac4<0) short
Wattah Attar Explosion: if up>last up or down < last down, long. If up<last up and down>last down, short (This is a custom indicator, Ive included it).
My original goal was to take some of the best trending systems out there and combine them into one indicator/EA. But I just dont have the time to test all of them.
Now, if people out there are using trending systems that they like (manual OR EA), Id like to add them and actually create said EA. I would just need to know what the parameters would be.
Let me know what everyone thinks. Id like to start on it soon.
Thanks!
UPDATE: Trendy updated. See post #35 for reasons.
New Multiple Time Frame version of Trendy! see post #36 for details.
UPDATE: Fixed Trendy's Accelerator/Decelerator indicator and total indicator value. % value's are a little different. Update to the latest one.
UPDATE (12/28/2015): Updated Trendy.mq4 to handle WPR correctly now in post 600 builds of MT4.
UPDATE (1/4/2016): Updated Trendy.mq4 to proper coding in MT4 build 920 and up..
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