FRED Tram f1 Indicator
Hi forum members,
While working in Telequote for last few days I observe one indicator deviced by famous Asian TA Fred Tram. The logic is very simple, it generates uparrow signal if the candle closed above its previous N number of candle highest high and generates down arrow if the candle close below lowest low of previous N number of candles. The author specified the number of N for different time period chart, like for Daily the N is 2, for hourly the N is 7 and for 15 minutes chart the N is 15. Now its depends on user to define the best suited number for specific time period chart which suites the commodity/currency.
Personally speaking it may help us in trading if we can use it with various combinations. I am ignorant regarding MT4 language, so I am requesting every respected forum members to code this indicator for MT4 (as per the logic given above). And it will be a great help for me too.
Regards,
Rajib.
With all respect but I don't think this forum is meant for questions like "would you completely code this or that?"
Just learn the language from examples if you're really interested in using MT
- Jim
14rajib:
so I am requesting every respected forum members to code this indicator for MT4
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Hi forum members,
While working in Telequote for last few days I observe one indicator deviced by famous Asian TA Fred Tram. The logic is very simple, it generates uparrow signal if the candle closed above its previous N number of candle highest high and generates down arrow if the candle close below lowest low of previous N number of candles. The author specified the number of N for different time period chart, like for Daily the N is 2, for hourly the N is 7 and for 15 minutes chart the N is 15. Now its depends on user to define the best suited number for specific time period chart which suites the commodity/currency.
Personally speaking it may help us in trading if we can use it with various combinations. I am ignorant regarding MT4 language, so I am requesting every respected forum members to code this indicator for MT4 (as per the logic given above). And it will be a great help for me too.
Regards,
Rajib.