Channel trading system - page 22

 

Hi NewDigital,

are these undicators or you draw the lines by yoursef?

 

Indicators of course. From Maksigen system.

Everything is on the first post.

 
newdigital:
Indicators of course. From Maksigen system. Everything is on the first post.

Thank You!!!

 

I really like your brown line. It makes money for me, once.

 

i am interested in ZZ channel, it is so funny

Am i right to sell in that case?

 

MTF version of Var Mov Avg (use with #Var Mov Avg) was coded by Igorad. Indicator attached to this post (see link below):

Channel Trading system for M5 timeframe.

- indicators and template are on post #77.

 

Igorad fixed #Var Mov Avg indicator (it was some bug during the alert with multiply charts).

Fixed version was uploaded on this post (post edited):

https://www.mql5.com/en/forum/173261/page6

 
newdigital:
Igorad fixed #Var Mov Avg indicator (it was some bug during the alert with multiply charts).

Fixed version was uploaded on this post (post edited):

https://www.mql5.com/en/forum/173261/page6

Thanks for your updated.

 

Can anyone help.

Does anyone know of an indicator that can identify bar chart candles as they relate to the Zorro or the Chili-type candle formations?

In other words, an indicator that can be programmmed to indentify the maximim height of a bar, while figuring in the Open & Close positions, when the resulting shape of this bar is what could be referred to as one part of the figure (with HAS being the 2nd part.)

Something like this:

(descriptions); [default examples]

Bar Max (pips from extreme high to extreme low): [30]

Open Max (pips from extreme high): [3]

Close Max (pips from extreme low): [3]

So in this example an alert would come when BOTH the Open Max & Close Max positions are 1-3 pips (but not more) from the extreme top & bottom of the (30 pip) bar.

Even better if this indicator can be paired with a strong MA indi.

In this example PA forms the foundation of the indi (and subsequent trade) in the form of the Zorro bar. Being called to the screen by the alert allows me to check the MA and the HAS to confirm entry (or not.)

Best result is an indicator that has a 2nd group of settings for setting up for a Chili formation.

 

What are these colored lines mean ?

Hello.

The line with magenta, yellow and brown color is generated by #Var Mov Avg.

Is this correct ?

Does yellow mean buy signal and Magenta is to sell ?

What does brown mean ?

What does the red line mean ?

Reason: