Could someone please add an option for max history bars to this TMA coral indicator, it freezes my pc because it loads in all the bars in the chart and my computer is a bit trashy
I will code your EAs and Indicators for no charge
- #52,285
- May 18, 2022 11:04am May 18, 2022 11:04am
Could someone please add an option for max history bars to this TMA coral indicator,
it freezes my pc because it loads in all the bars in the chart and my computer is a bit trashy
1. kick this buggy trash in recycle bin
2. or let's find real author of TMA+CG = https://www.forexfactory.com/thread/...5#post13893535
3. best TMA are here
https://www.forexfactory.com/thread/...4#post13842044 study indicator settings and test it well...
- #52,287
- Edited 12:27pm May 18, 2022 12:16pm | Edited 12:27pm
- | Joined May 2022 | Status: Trader | 4 Posts
I have a request that is not that difficult but would make my trading a little easier. I developed this strategy after hearing an old school trader say that within the first 15 5M candles into the open of a market 90% of the time the market will either find it's high or low for the day. I spent weeks going back and testing this as well as live testing every morning. What I came up with for rules is this
1. Let first 15 5 Minute candles pass
2. I highlight those in a box and wait for candles to break either the bottom or top
3. I wait for one more full candle in the right direction outside the box and I take the trade.
4. I set my stop and take profit at 1.5 ATR.
I have been using this with FTMO account and averaging out at about 1 percent a day.
What I would like is an indicator that I could program in the start time and number of bars.....or just start and end time and it draws the boxes for me. back for say 2 or 3 months.
I use this on the US session. It works on Asian and Europe as al but not as high of a percentage of success. I am attaching a picture of a trade this morning so you can see what I mean. It is pretty obvious. The red and blue background is just a sessions indicator for back testing. 
1. Let first 15 5 Minute candles pass
2. I highlight those in a box and wait for candles to break either the bottom or top
3. I wait for one more full candle in the right direction outside the box and I take the trade.
4. I set my stop and take profit at 1.5 ATR.
I have been using this with FTMO account and averaging out at about 1 percent a day.
What I would like is an indicator that I could program in the start time and number of bars.....or just start and end time and it draws the boxes for me. back for say 2 or 3 months.
I use this on the US session. It works on Asian and Europe as al but not as high of a percentage of success. I am attaching a picture of a trade this morning so you can see what I mean. It is pretty obvious. The red and blue background is just a sessions indicator for back testing.
- #52,291
- Edited 3:11pm May 18, 2022 3:00pm | Edited 3:11pm
- Joined Dec 2018 | Status: Trader | 1,271 Posts
{quote} Thnks you. but are buy sell level similar? value in MT4 TV buy 1.0385 1.0402 sell 1.0545 1.0528 Observe by candle formation we can see the levels are quite different, not very much in number but in FX relation and with Leverage x Cap, is it not alot? does MT4 calculation based on sma, BB and atr, too? I think we ignore the BBperiod and BBdeviation correction in the MT4 halftrend without giving a reason. Could some experts confirm {image} {image}
If you look at the description of this indicator on Tradingview, it said:
Inserted Code
The FollowLine indicator is a trend following indicator. The blue/red lines are activated when the price closes above the upper Bollinger bandor below the lower one. Once the trigger of the trend direction is made, the FollowLine will be placed at High or Low (depending of the trend). An ATR filter can be selected to place the line at a more distance level than the normal mode settled at candles Highs/Lows.
So basically, it is purely based on breakout of Bollinger Band as the main trigger. The change in trend happens whenever the price closes above/below the upper/lower BB. As for the ATR, it is just for simple thing of how much distance away from the High/Low of the candle to draw the line. Essentially, even without this indicator, you can also reproduce the results, simply by inserting a Bollinger Band on your chart, whenever price closes above/below the upper or lower band, it indicates a change of trend. Just like that only. As far as my memory serves me, half trend is completely different, not based on breakout of Bollinger Band at all.
That's all I can contribute to your doubts, other qns you wrote there, I don't really know.
- #52,297
- Edited 9:54am May 19, 2022 9:16am | Edited 9:54am
Hi everyone,
hope you all have been having great times.
I left FX for some time and am back now. Just trying my hands on it afresh. Hope it will be better this time.
To the coders {cja, jeanlouie, mntiwana, et al} helping out here, great job and more power to your elbows.
I would love some assistance though.
I need alerts to be included in the Envelope Indicator that comes with MT4 but don't know how to extract it and attach here.
If any coder has it please can you add alerts:
1) At the touch of Upper and Lower bands. With Up Arrows appearing at the touch of the Lower band and Down Arrows appearing at the touch of the Upper bands. {arrow sizes should be adjustable maybe on a scale of 0 - 5, adjustable arrow distance from the bands too is needed}.
2) At any specified number of pips to both Upper and Lower bands.
3) Options to individually switch OFF and ON BOTH alerts at the bands or ANY of the bands alerts.
I hope this would not be too heavy a task as I don't know jack about coding.
Below is an envelope indicator but not the one that comes with MT4 but would still love to have both this and the Mt4 one.
Thanks in advance for all the help you all offer here despite your tight schedules.
hope you all have been having great times.
I left FX for some time and am back now. Just trying my hands on it afresh. Hope it will be better this time.
To the coders {cja, jeanlouie, mntiwana, et al} helping out here, great job and more power to your elbows.
I would love some assistance though.
I need alerts to be included in the Envelope Indicator that comes with MT4 but don't know how to extract it and attach here.
If any coder has it please can you add alerts:
1) At the touch of Upper and Lower bands. With Up Arrows appearing at the touch of the Lower band and Down Arrows appearing at the touch of the Upper bands. {arrow sizes should be adjustable maybe on a scale of 0 - 5, adjustable arrow distance from the bands too is needed}.
2) At any specified number of pips to both Upper and Lower bands.
3) Options to individually switch OFF and ON BOTH alerts at the bands or ANY of the bands alerts.
I hope this would not be too heavy a task as I don't know jack about coding.
Below is an envelope indicator but not the one that comes with MT4 but would still love to have both this and the Mt4 one.
Thanks in advance for all the help you all offer here despite your tight schedules.
