MaksiGen Trading system, light Paramon - page 5

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We know that experience traders are trading on breakout of the channel. So MaksiGen_Range_Move.mq4 will help us.

This indicator is showing the two support lines, two resistance lines and trend lines. All these lines are the dynamical S&R and Trend lines. And we may see the other two lines: buy stop and sell stop lines.

So it is very clear about the trading.

We have two very good threads:

- Trendlines and Divergence Strategies by Ykimyego; and

- https://www.mql5.com/en/forum/177227

Personally I prefer to trade using H1 timeframe.

Files:
maksigen_kanal2.gif  32 kb
 

I am not using the main chart only.

I am confirming on the other charts and systems.

First confirmation chart is attached (template and the indicators).

H1 timeframe for everything (just ro remind).

Files:
confirm1.gif  21 kb
paramon1.zip  9 kb
 

Hope it was fixed now (attachment updated) https://www.mql5.com/en/forum/173317

 

Thanks newdigital ... it's working

it's somehow a different indicator

can you explain how it works ? I mean only the Float indicator not the whole trading system

what are the meanings of such signals ?

newdigital:
Hope it was fixed now (attachment updated) https://www.mql5.com/en/forum/173317
 

Thread about Float indicators https://www.mql5.com/en/forum/172980

And it is documentation about how to use:

https://www.mql5.com/en/forum/173130

 

Snap Shotl Indicator

newdigital:
I'm affraid that after improvement this indicator will have the bug.

Because there are 3 kind of indicators:

- normal one which is refreshing on the new bar and does not paint anything on the history;

- indicator which is working on the new (closed and opened) bar only and any other value of this indicator (on the history) is not valid;

- indicator which is working on the historical data only. Good for D1 timeframe for example. Or good to analyze something.

Add the Indicator ( Snap Shotl ) to your template and it will refresh all other indicators in your template automatically....

 

It sounds nice, but from my experience trading breakouts would get you to many false breakouts. How do you filter the fakeouts from the true breakouts?

How far have you tested it?

Thanks for sharing.

 

anybody still using this indycator?

 

Which indicartor? Maksigen 2 indicators? I am using almost every day for more than 1 year already (check channel trading system on the forum).

 

Time question

someone just asked me how to do this.

while I am decent at making indicators, time functions are outside of my grasp :/

This person wants MT4 to draw two horizontal lines (one at the high and low of a candle) on onlythe first 15m bar each hour.

I told him the easiest way I could imagine doing it was to tell MT4 to only draw when the MM value in HH:MM:SS was 0. It would effectively be drawing them hourly but on the 15m charts, it would only be applied to the first one.

How would someone go about coding this?

Thanks in advance...

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