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Trendfinder Tool

  • #1
  • First Post: Edited 7:12am May 2, 2010 6:28am | Edited 7:12am
Does anyone know of a tool/EA/indicator that will determine the dominant trend in a market and then draw it on a chart?
  • #2
  • May 2, 2010 6:52am May 2, 2010 6:52am
is there any such thing?
  • #3
  • May 2, 2010 7:04am May 2, 2010 7:04am
Quoting swingtrader
is there any such thing?
maybe. would you be interested in it?

I could take requests and code such a thing if it does not already exist.
  • #4
  • May 2, 2010 7:14am May 2, 2010 7:14am
Personally I'd like to know. It would almost be a holy Grail. But I doubt anything like that exist. Oterqise there won't be countless books written out the just on the sole subject of how to identify a trend

besides what is the use of knowing the trend when it is clear to everyone? What I would really want a an ea that will tell me that a trend is foorming or ending
  • #5
  • Edited 7:38am May 2, 2010 7:24am | Edited 7:38am
Quoting thelws
Personally I'd like to know. It would almost be a holy Grail. But I doubt anything like that exist. Oterqise there won't be countless books written out the just on the sole subject of how to identify a trend

besides what is the use of knowing the trend when it is clear to everyone? What I would really want a an ea that will tell me that a trend is foorming or ending

LOL okay. We have our first request:

1) I would really [like] an ea that will tell me that a trend is forming or ending

Anymore?
  • #6
  • May 2, 2010 7:51am May 2, 2010 7:51am
Quoting aicccia
LOL okay. We have our first request:

1) I would really [like] an ea that will tell me that a trend is forming or ending

Anymore?
Just curious, how do you plan to do it? What kinda rules make it up?
  • #7
  • May 2, 2010 8:07am May 2, 2010 8:07am
Quoting thelws
Just curious, how do you plan to do it? What kinda rules make it up?
Hull MA?
  • #8
  • May 2, 2010 9:25am May 2, 2010 9:25am
Any MA (Although Hull is fun)

How about rolling pivot points, (which is just an MA really)?
If price is trading below the pivot for consecutive sessions your trend is down.
  • #9
  • May 2, 2010 9:36am May 2, 2010 9:36am
cool so you are programmer...hope you will help FF community by programming some thing like this.do PM me when u think yu are ready for it.
  • #10
  • May 2, 2010 5:47pm May 2, 2010 5:47pm
that's what i'm currently working on,
the indicator is almost completed, but it's only tested on UJ M15,
I'm now writing an EA for it, i wish the basic model can be finished by thursday.
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  • #11
  • May 3, 2010 12:23am May 3, 2010 12:23am
I'm talking about trendlines here....that would connect highs(for a down trend) or lows(for an uptrend)....I'm not sure why everyone is talking about MAs.
  • #12
  • May 3, 2010 1:12am May 3, 2010 1:12am
Quoting lmyyyks
that's what i'm currently working on,
the indicator is almost completed, but it's only tested on UJ M15,
I'm now writing an EA for it, i wish the basic model can be finished by thursday.
I'm not sure it will work.
God, i love, how i'm trade!!!
  • #13
  • May 3, 2010 3:53am May 3, 2010 3:53am
what's its problem do you think?
  • #14
  • May 3, 2010 7:22am May 3, 2010 7:22am
Quoting lmyyyks
what's its problem do you think?

Too many confusing signals. From these signals it is easier to get confused.
God, i love, how i'm trade!!!
  • #15
  • May 3, 2010 9:42am May 3, 2010 9:42am
no problem actually, only 1 rule,
buy or sell only when long/short entry bar appears
others are just for my own reference.
i'm still puzzling the use of 2 different signal bars, because they're just for alert only, but i think i'll somehow come up with a better use between them.
  • #16
  • May 7, 2010 11:51pm May 7, 2010 11:51pm
Quoting lmyyyks
no problem actually, only 1 rule,
buy or sell only when long/short entry bar appears
others are just for my own reference.
i'm still puzzling the use of 2 different signal bars, because they're just for alert only, but i think i'll somehow come up with a better use between them.

You already have such an indicator in MT4. His name is "Heikin Ashi"

Good luck my friend
God, i love, how i'm trade!!!
  • #17
  • May 8, 2010 12:24am May 8, 2010 12:24am
Hello,
I will like to keep my chart clear . If someone ask about what indicator that can determine trend , I think it's MA is better
Regards !
  • #18
  • May 8, 2010 1:04am May 8, 2010 1:04am
Quoting FxBreath
You already have such an indicator in MT4. His name is "Heikin Ashi"

Good luck my friend
I don't like that one,
anyway, i find this strategy i've developed isn't that good,
the analytical method may not be the same but the entry positions are around the same as some other methods presented here.
I'm now developing another strategy.
  • #19
  • Last Post: May 8, 2010 2:11am May 8, 2010 2:11am
Is this what you want?

http://codebase.mql4.com/700

MM
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