One of the best indicators I've seen | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Create MT5 indicators from MT4 indicators 4 replies

TOP 100 best indicators: post good indicators here 647 replies

Custom Indicators vs. Technical Indicators 6 replies

Lagging Indicators -vs- Leading Indicators 48 replies

two version of FF tunnel Chart, one say down, one say up, which one is correct? 3 replies

Attachments: One of the best indicators I've seen
Exit Attachments

One of the best indicators I've seen

  • #81
  • Oct 21, 2009 8:45am Oct 21, 2009 8:45am
What is happening in Switzerland!!!
Attached Image (click to enlarge)
Click to Enlarge Name: usd chf.gif Size: 32 KB
  • #82
  • Oct 21, 2009 8:50am Oct 21, 2009 8:50am
SNB usually intervene thru EUR CHF. The USD CHF should drag that down. We might see some action in a minute, hopefully!
Keep smiling
  • #83
  • Oct 21, 2009 8:51am Oct 21, 2009 8:51am
Quoting pipjunky
Makes sense. On something like the G/U you'd need 150pip + stop on something like a 4 hr. I made myself good at the 5 mins bc I didn't like holding positions overnight. Some days great results. Some days not so much holding overnight. Now I have the attention span of a gnat!...whoa! some G/U movement again.

Just started using ATR for my stops.... had a read on it and it makes great sense.
In Live things aren't cast in stone. IE. I 60y old overweight smoking man will pay more for health insurance that a 30y old non smoking gym junkie... risk is less. The ATR adjust SL as the mark moves with volatility. But that's just me

BTW back to this magic indi any preference in the settings, how does the MA and Stoch settings work together, myself use a 20 EMA and 14 Stochs, and get better entries without the Indi, any suggestions?

tx
M
  • #84
  • Oct 21, 2009 8:59am Oct 21, 2009 8:59am
Quoting Fx1618
Just started using ATR for my stops.... had a read on it and it makes great sense.
In Live things aren't cast in stone. IE. I 60y old overweight smoking man will pay more for health insurance that a 30y old non smoking gym junkie... risk is less. The ATR adjust SL as the mark moves with volatility. But that's just me

BTW back to this magic indi any preference in the settings, how does the MA and Stoch settings work together, myself use a 20 EMA and 14 Stochs, and get better entries without the Indi, any suggestions?

tx
M
The moving average is just something I picked up along the way. I believe Igorad from TSd is the author. i set this indi to 18 period and "Color Back" to 0. What I like about it is that when it's changing to green is a heads-up for a possible change in direction. You can even have the indi warning you if you like to be annoyed.

With the other indis (all posted in this thread) for filtration on a 5 min chart I basically have three trading options (see link to fractal thread as well) on a move. The indi in question that got this thread started is a great compliment to this on the shorter term charts. My plan for the EA is for the 4 hr charts as that is where it seems to work best. I don't change the settings.

It's pretty ugly on some pairs on lower charts but pick your battles.

To answer your Q I suppose it would be based on your time frame you like to trade and your trading style.
  • #85
  • Oct 21, 2009 9:15am Oct 21, 2009 9:15am
I forgot to post this indi. It is a countdown clock showing mins remaing til end of the current bar. It requires pip movement to show the new time movement. I find it handy.

Forget where I picked it up. Author should be in the code.
Attached File(s)
File Type: ex4 b-clock_modified.ex4   2 KB | 1,347 downloads
  • #86
  • Oct 21, 2009 9:49am Oct 21, 2009 9:49am
Thanks Pipjunky for the indicator. I would like to know if there is a possibilty to add an audio alert to the indi giving alert when changing from red to blue and changing from blue to red.

Thanks very useful indi!
  • #87
  • Oct 21, 2009 9:55am Oct 21, 2009 9:55am
Quoting A_3
Thanks Pipjunky for the indicator. I would like to know if there is a possibilty to add an audio alert to the indi giving alert when changing from red to blue and changing from blue to red.

Thanks very useful indi!
There is one on the Nonlag MA. not on the Bressert yet. Maybe someone can take a crack at it. A couple of members have PM'd me and are working on the EA.
  • #88
  • Edited 5:16pm Oct 21, 2009 4:26pm | Edited 5:16pm
Here it causes a alert when the position one back from the current forming dot changes

EDIT: I just made a small change, so download it now, if you downloaded it before this edit..
Attached File(s)
File Type: mq4 Robby DSS Bressert Colored with alert v1.1.mq4   4 KB | 3,422 downloads
  • #89
  • Oct 21, 2009 4:45pm Oct 21, 2009 4:45pm
Quoting smjones
Here it causes a alert when the position one back from the current forming dot changes

EDIT: I just made a small change, so download it now, if you downloaded it before this edit.
Thanks Jones. I don't seem to be getting any alerts though.
  • #90
  • Oct 21, 2009 4:51pm Oct 21, 2009 4:51pm
Quoting pipjunky
Thanks Jones. I don't seem to be getting any alerts though.
That's odd, it works on my live account with IBFX and my demo account.

It designed to alert when the complete dot just before the current dot is a different color than the dot before it.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_003.jpg Size: 85 KB
  • #91
  • Oct 21, 2009 5:02pm Oct 21, 2009 5:02pm
Quoting smjones
That's odd, it works on my live account with IBFX and my demo account.

It designed to alert when the complete dot just before the current dot is a different color than the dot before it.
Hmmm. I ran it on my live and demo. Likely a setting. I'll play around with it.
  • #92
  • Oct 21, 2009 5:07pm Oct 21, 2009 5:07pm
Quoting pipjunky
Hmmm. I ran it on my live and demo. Likely a setting. I'll play around with it.
Here it is on a 5Minute it just alerted on EJ and EU
Attached Image
  • #93
  • Oct 21, 2009 5:09pm Oct 21, 2009 5:09pm
In the Options menu, do you have EVENTS checked?
Attached Image
  • #94
  • Oct 21, 2009 5:20pm Oct 21, 2009 5:20pm
Quoting smjones
In the Options menu, do you have EVENTS checked?
I get all kinds of signals etc. I'll reinstall it.

Thanks again. Off to my son's hockey practice. I'm the coach so can't be late!
  • #95
  • Oct 21, 2009 7:32pm Oct 21, 2009 7:32pm
Thanks Smjones for the alert, but could you please change or add it so that gives an audio alert instead of notification window?

Thank you!
  • #96
  • Oct 21, 2009 7:36pm Oct 21, 2009 7:36pm
Quoting A_3
Thanks Smjones for the alert, but could you please change or add it so that gives an audio alert instead of notification window?

Thank you!
No, I don't think so. I like the way it works now. Maybe someone else will change it to strictly audio alert. Sorry.
  • #97
  • Oct 21, 2009 8:07pm Oct 21, 2009 8:07pm
Quoting smjones
No, I don't think so. I like the way it works now. Maybe someone else will change it to strictly audio alert. Sorry.
Still not getting the alert. Let it run for 2 hrs on Eur/Chf. All other indis producing alerts. Anyone have a suggestion? I have reinstalled. Stumped.
  • #98
  • Oct 21, 2009 8:09pm Oct 21, 2009 8:09pm
Quoting pipjunky
Still not getting the alert. Let it run for 2 hrs on Eur/Chf. All other indis producing alerts. Anyone have a suggestion? I have reinstalled. Stumped.
Please post a screen shot and say what broker it is. Have you tried it on a one minute chart to see if you get any alerts?
  • #99
  • Oct 21, 2009 8:17pm Oct 21, 2009 8:17pm
Quoting smjones
Please post a screen shot and say what broker it is. Have you tried it on a one minute chart to see if you get any alerts?
It has been running on the 1 min Eur/Chf.
Attached Image (click to enlarge)
Click to Enlarge Name: 1 min pt scrn no alert.jpg Size: 124 KB
  • #100
  • Oct 21, 2009 8:19pm Oct 21, 2009 8:19pm
Sorry. Guess I could have cropped that. Forgot about the other screen.
0 traders viewing now