FlexBox indicator

Below find the FlexBox indicator with some suggested changes (see above) - all good ideas:

Background can be set by the user.

Line width ditto.

I added a starting bar count (BoxBegin) which limits drawing to the last n bars. If zero, the indicator will start at the beginning of the current chart.

I changed the box naming convention to allow multiple boxes to be drawn without potential naming conflicts.

I have taken it for a spin.
Most excellent!!!

Thanks
hap

Hi Lou G

I have tried to load the FlexBox Indicator to MT4 chart, but cannot get
it to lot into the indicator list. Is this idicator file avail in mq format, or
how do I get it to open? Thanks for you help as I would like to give
this indicator a try.
AceTrader

Did you restart your MT4 after placing the indicator in the experts\indicators folder? It should then appear under Custom Indicators.

Thanks for sharing your indecator.
I went through the thread from page 1, but still i can't understand what is the best way for exit and TP ?
Could someone give more explanations please.

Hi all!

Please... Give this main first indicator for MT4

LouG

How can I know when a box stops expanding? While watching the GBPJPY, I thought it stop expanding and then suddenly it grew when price spiked upwards.

this indicator is very risky...and doesnt work many times... if u look at gbp/jpy 6 out of 7 trades have lost more than 35 pips and 1 profit of 60pips

Cool indicator!

this looks like somthing I can use thanks

bumped because of awsomeness of this indicator.

mabye we can ad/improve it

does anyone have the trading result ??

i am using it right now and have been for the last couple of days, on the 5 min with all the default setting except for threshold is 10 instead of 12, this gives me more boxes to trade.

i have not had a losing trade on teh eur/usd or the eur/jpy.

i am also trading when the price hits bottom of box and turns back up, using a 10,3,3 stochastic.

hey nikolaou13:

Thanks for sharing your tip on what seems to be working for you.

Guys has anybody got any different settings they've tried on 5minute charts and if there is anything that seems to work on 5m?

I love indicators that are based on price action, so simple, and profitable if used right.

Anyone still trading this indicator?Which is the best timeframe and currency pair to work with?

I've been using this sort of process manually and it's good to have it as an indicator. I trade M1 and simply changed the threshold. I was also using bands to show the 'squeeze' and break out...which I really liked..but I found I would enter too early as I knew the breakout could move extremely quickly. I used Bands Period 6 with Deviations of 1.5...maybe 2 or even 1.5 and 2.5 together. Am working to wean myself off indicators tho'....so...but the flex box is so 'minimal'

for you break-out traders

Thanks for all the break out bits....oh no!..more toys!! I'm using a series of flexboxes over different time charts, with different thresholds and visualizations for each time period....so we'll see how that goes.

very nice indicator

i like it

Such a great looking indicator, why is no one using it? Did this Thread go some place else?