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Indicators Lab

  • #61
  • Edited 2:53pm Nov 19, 2016 11:20am | Edited 2:53pm
Custom Fractals Indicator

Inputs :

  1. Fractal Depth (2 to 6), ( ex: 2 means the Fractal UP is higher than previous 2 and next 2 bars, a Fractal DOWN is lower than previous 2 and next 2 bars)
  2. Arrow Shift : for placement of the arrow above the high and below the low

Example with Fractals Depth set to 2

Attached Image (click to enlarge)
Click to Enlarge Name: AK_Fractals_depth_2.png Size: 25 KB


Same chart with Fractals Depth set to 6

Attached Image (click to enlarge)
Click to Enlarge Name: AK_Fractals_depth_6.png Size: 23 KB
No guts, no glory
  • #62
  • Nov 19, 2016 8:20pm Nov 19, 2016 8:20pm
Dear Abokwaik,...

Fractal Depth,... very useful,... waiting for that,

Thanks in advance,

Budi
  • #63
  • Nov 20, 2016 8:38am Nov 20, 2016 8:38am
Quoting budidharma19
Dear Abokwaik,... Fractal Depth,... very useful,... waiting for that, Thanks in advance, Budi
Here ..
Attached File(s)
File Type: ex4 AK_Fractals.ex4   20 KB | 1,091 downloads
No guts, no glory
  • #64
  • Nov 21, 2016 10:24am Nov 21, 2016 10:24am
Quoting abokwaik
{quote} Here .. {file}



Nice indicator
Can we have some of these with it please ,
Show Alert : Show alert message of possible signal
Send E-Mail : Send e-mail message of possible signal
Send Mobile Push Notifications message to mobile phone.

Thank You,
  • #65
  • Nov 21, 2016 1:41pm Nov 21, 2016 1:41pm
Hi Abokwaik

this is very useful, could you make the parameters so that we could have bigger than six

Cheers

Eamonn.
  • #66
  • Nov 27, 2016 5:35am Nov 27, 2016 5:35am
Quoting abokwaik
{quote} Here .. {file}
Maestro, can you share the mql4 for this indicator please?
"What would you attempt to do, if you knew your success was a certainty?"
  • #67
  • Edited 6:16am Nov 27, 2016 6:00am | Edited 6:16am
because of discontinued support for MT4 traders should not use .ex4 files ...only .mq4 (easier to convert to .mq5)

for existing .ex4 files it is a must to get decompiler somehow....probably on black market.
  • #68
  • Nov 28, 2016 1:01am Nov 28, 2016 1:01am
Quoting Eamonn
Hi Abokwaik this is very useful, could you make the parameters so that we could have bigger than six Cheers Eamonn.
Hi Eamonn,

This was a free version of the indicator.

Regards,
Khalil
No guts, no glory
  • #69
  • Dec 5, 2016 3:49am Dec 5, 2016 3:49am
keep it up bro ..thanks for helping newbies.
  • #70
  • Dec 5, 2016 6:48am Dec 5, 2016 6:48am
Hello abokwaik
I hope you are well and happy.A friend sent me a stock trading strategy that seems interesting and profitable.I wanted to share this strategy with you if possible develop an indicator with alerts to trade this strategy and also run multiple backtests to test the viability of the strategy.Please let me know if you are interested so that we can forge the way forward.God bless you and thank you for your great contributions on forexfactory.Attached is pdf file of the mentioned strategy.
Attached File(s)
File Type: pdf Bonus-$47K-day.pdf   1.1 MB | 923 downloads
Goal of a successful trader is to make the best trades. Money is secondary
  • #71
  • Dec 5, 2016 7:27am Dec 5, 2016 7:27am
Quoting Forexpinbar
Hello abokwaik I hope you are well and happy.A friend sent me a stock trading strategy that seems interesting and profitable.I wanted to share this strategy with you if possible develop an indicator with alerts to trade this strategy and also run multiple backtests to test the viability of the strategy.Please let me know if you are interested so that we can forge the way forward.God bless you and thank you for your great contributions on forexfactory.Attached is pdf file of the mentioned strategy. {image}

I will read it and get back to you .
No guts, no glory
  • #72
  • Dec 5, 2016 8:42am Dec 5, 2016 8:42am
Quoting LITEchild
{quote} This caught my attention Khalil. Looks very interesting. Is it possible to add an option to show only Power at a given threshold/number? For example show only Labels on Candles with Power of 7?
Hi to all and congrats to Abokwaik for the big help and work.
I'm trading only with currencies strenght and I think this indie could be very powerful..it's very very intresting!
  • #73
  • Dec 5, 2016 10:14am Dec 5, 2016 10:14am
Quoting abokwaik
Candle Currency Power This indicator displays each currency power (0-7) on each candle. Power of the first currency in the symbol name displays above the candle, while Power of the second currency displays below the candle. A power of 7 means the currency is UP against all other 7 currencies. Input Parameters First Currency Label Color : The color of the power number label of the first currency in currency pair name (e.g. for Euro in EURUSD) Second Currency Label Color : The color of the power number label of the second currency in currency pair...
Interesting indi, I'd like to suggest a twist on it, can it be used to filter a moving average cross over? I mean, just plot an arrow if the currency power agrees with the cross over, if power is equal on both currencies remains the previous trend.
  • #74
  • Dec 5, 2016 12:41pm Dec 5, 2016 12:41pm
Quoting abokwaik
{quote} I will read it and get back to you .
Great
Goal of a successful trader is to make the best trades. Money is secondary
  • #75
  • Dec 5, 2016 3:21pm Dec 5, 2016 3:21pm
Quoting Forexpinbar
Hello abokwaik I hope you are well and happy.A friend sent me a stock trading strategy that seems interesting and profitable.I wanted to share this strategy with you if possible develop an indicator with alerts to trade this strategy and also run multiple backtests to test the viability of the strategy.Please let me know if you are interested so that we can forge the way forward.God bless you and thank you for your great contributions on forexfactory.Attached is pdf file of the mentioned strategy. {image}
After removing the useless sales talk in the document, It can be summarized as follows:

  1. Long when :

    1. price is up x pips above open and maintains its level during a predefined time window
    2. up-volume > down-volume during the time window

  2. Short when :

    1. price is down x pips below open and maintains its level during a predefined time window
    2. down-volume > up-volume during the time window


Issues I have with the system:

  1. Stock market vs Forex market --> most probably we need to apply the rules a whole currency, and trade it on a specific pair (strongest for long/weakest for short) /// I don't know if we can use correlation between stock index and currencies (e.g DJ vs UJ, DAX vs EU ... etc)
  2. One session in Stock vs multiple session in forex --> we can focus on London session.
  3. First half an hour !?
  4. The (holy) number of 2000 will not be applicable to forex, so we need to find our holy number (for each currency)
  5. ...

Since you suggested the system, what is your say on these issues ?

No guts, no glory
  • #76
  • Dec 6, 2016 3:05am Dec 6, 2016 3:05am
Quoting abokwaik
{quote} After removing the useless sales talk in the document, It can be summarized as follows: Long when : price is up x pips above open and maintains its level during a predefined time window up-volume > down-volume during the time window Short when : price is down x pips below open and maintains its level during a predefined time window down-volume > up-volume during the time window Issues I have with the system: Stock market vs Forex market --> most probably we need to apply the rules a whole currency, and trade it on a specific pair (strongest...
My bad , abokwaik...I trade forex alongside stock market so i probably thought you traded stocks too since both of them are quite related..What do we do now?Thanks for your interest in the concept.
Goal of a successful trader is to make the best trades. Money is secondary
  • #77
  • Dec 6, 2016 1:28pm Dec 6, 2016 1:28pm
Quoting LITEchild
{quote} This caught my attention Khalil. Looks very interesting. Is it possible to add an option to show only Power at a given threshold/number? For example show only Labels on Candles with Power of 7?
Hi Abokwaik,

I spend last two days learning the candle currency power indicator. Very, very, VERY intresting. I'm already using your basket manager&basket script for charts. So i have no enough words to appreciate your work. You're really awesome.

I think that this indie should be developed just with the few settings to be more useful. All this numbers are confusing a little bit the look of the chart, if you zoom out a little it become very noisy and you couldn't see through all these numbers
Depending from each possible trading system with this indie, some numbers are more important that others.
Would be so great ( if and when you'll have some time) to add the chance to show not all but just some power numbers that people can choose from the settings panel.
For my TS for example would be very useful to see only the 0,1,6,7. But this indie is so powerful that I think that anyone could choose different numbers.
Thanks for reading and go on with your amazing job for this community!!!
  • #78
  • Dec 8, 2016 5:29am Dec 8, 2016 5:29am
Sent you a PM

Cheers.
  • #79
  • Dec 17, 2016 6:40pm Dec 17, 2016 6:40pm
Hi,
I have an interesting idea for an Indicator:
conditions:
1. Master Candle (or WRB or Mother Candle or whatever you may call it;it should be a HUGE Candle) first
2. 2 Inside Bars (=default, x bars customerized would be perfect ) after condition 1.
3. Search in every TF and give an ALARM whenever condition 1 + 2 are met .

Hopefully someone of the fabulous programmers here could help.
Thanks for your attention.
Regards Zack
  • #80
  • Jan 7, 2017 6:27am Jan 7, 2017 6:27am
Quoting abokwaik
{image} This thread is going to be my custom indicators repository on FF. I will develop indicators based on my ideas and ideas from other FF members. Indicators should be new, never developed before, and preferably not dependent on other indicators. It would be nice if the requester describes the planned indicator usage. The thread will be restricted to MT4 indicators. Robots are not allowed in this lab. Please, No modification requests on other people indicators. As indicator requests grow, I will add them to a poll on the thread, and start with...
God bless you for your immense contribution on FF..Do you allow modifications of indicators that are purely based on price action in this thread?Please let me know.
Goal of a successful trader is to make the best trades. Money is secondary
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