IndiTrendz

Hello,

Start testing a MTF indicator " Inditrendz " and testing on 1 hr GBPUSD

Inditrendz Panel

TF - Time Frame
Swing - Current Swing Direction
Trend - Current Trend Direction
Current Signal - Signal Direction of given trend
Current Profit - Floating Profit for given signal
Stop - Stop loss point for entry of given signal
TStop - Trailing Stop loss area
Breakout - Potential Break out zone BOB - Buy Break out Points and SOS - Sell Break out points
TP1/2 - Target zones
Summary : Number of buy signals and sell signals and net summary

This system will be spoon feeding catagory were most of a trader analytical need is pre defined wrt to traders discpline needed and give broad over view of any markets with simple clicks of attaching this indicator, and most of part, is optimized other than take profit and swing specific to markets.

A little in action with GBPUSD 1 hr

Can you upload files?

I will share ex4 after couples of months internal testing

GBPUSD

We cannot test with you?

He's going to show off then try to sell it! lmao

What else could it be if he doesn't want to provide the files...

Hmmmmm...very true

There is saying " Assumption is mother of all screwups "

GBPUSD

GBPUSD, today looks mixed bag as over all momentum is down and intraday looks with slight positive notes, so i am ignoring this long signal on 1 hr and catch up if 15 M GBP signal again catches with this corrective flames

GBP on previled downside momentum as expected !

GBPUSD 1 hr, So far sideway momentum prevails in action, and watch out for 15 min vs 1 hr signal for further trend clues

GBPUSD looks mixed bag again today, as mometum is on side lanes so far, lets wait and see how 5 min and 15 min signal proceed or break the old low zone

GBPUSD, current action indicates corrective upswing in place and evident in lower TFs 15 min but primary bias remains down

BTW i found still small flaws in larger time frame entries and will try to optimize them soon along with optimized SL , TP zone wrt to their time frames soon

Also wish to add trendingness based on volatility size to this indicator in next versions but any advices what can be best line of fits to trendingness measures standard dev? or ratio of volatility ?

Thanks for no inputs, i found myself a best possible system to measure trendiness

Potential task
1. Adding improved swing direction measures
2. Adding measure of trendiness into system ( bit exhaustive to add phase of trendiness )
3. Dynamic TP2 so riding trend with a realistic goal and trailing will be easier