I have an indicator for this method...it's still a bit rough, but identifies most of the trades.
I post it here so that someone may help to finish it.
The indicator draws a line on the bar after the trade triggers and a price tag for the open of that bar. It has the rule per AC, except for the 3 off the bottom where ADX is below 20. So look at the bar prior to the vertical line...that is where the trigger was met.
Any and all comments are welcome.
Thanks,
CanuckCT
I post it here so that someone may help to finish it.
The indicator draws a line on the bar after the trade triggers and a price tag for the open of that bar. It has the rule per AC, except for the 3 off the bottom where ADX is below 20. So look at the bar prior to the vertical line...that is where the trigger was met.
Any and all comments are welcome.
Thanks,
CanuckCT
Attached File(s)
directional movement with v5 indicator.tpl
317 KB
|
325 downloads
MTF_MACD_inColor.ex4
4 KB
|
328 downloads
Trigger-H1-ADXMACDV5.mq4
23 KB
|
403 downloads