Well working Trading System ! - page 4
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You can download updated TrendEnvelopes with an option of sound alerts.
We have a serious problem - the system and indicators are secured with password. I can't see their code if I do not know the password... ;/
Best regards
P7I think one indicator is a mod of another. See my screen pic. Pretty close.
You take the original one. Changes the name, hides one line and...
crossed alert
Thank you, Mr. Trader. I have been using the 1hr chart. So far it has been working good. I have been testing out with a small mini account since that's what I will be starting with when opening a real account.
I'll give the EA a shot. BTW, I'm not sure developing an indicator based on the TrendStrength indicators crossing is such good thing now. I have seen many times on the h1 chart where it gives a false exit ... if you basing your exit on when that indicator crossed.
In addition to your system, I also loaded the "CrossedAlerts" indicator and changed it to use 5 and 10 SMA as well as "SendMail" vs Alert to send to my cell. This just gives me an idea that things may be looking at changing so I can keep a closer eye on it.dscott,
i have been looking all over for an alert to send to my cell. i don't know how to program, so could you make this one do a 5ema,10ema cross. i would be forever grateful. thanks....................vince
Some time ago I've developed indicator TrendRSI and it's very similar with Trend Strength(original) when K=2.618. Second indicator we can overlap on 1st with K=4.236.
Some time ago I've developed indicator TrendRSI and it's very similar with Trend Strength(original) when K=2.618. Second indicator we can overlap on 1st with K=4.236.
Thanks for the feedback Igorad
According to my observations, the original system is using (showing) only the LevelRSIslow, the same as K=4.236.
Strenght ind 2006
{RSI}
rsi_r := (CLOSE - ref(CLOSE,-1));
rsi_rs := Wilders(if(rsi_r>0,rsi_r,0),14) / Wilders(if(rsi_r<0,Abs(rsi_r),0),14);
si:= Mov((100-(100/(1+rsi_rs))),SF,E);
{ATR RSI}
TH :=if(Ref(si,-1) > si,Ref(si,-1),si);
TL :=if(Ref(si,-1) < si,Ref(si,-1),si);
TR :=TH-TL;
ATRRSI:=Wilders(TR,14);
DeltaATRRSI:= Wilders(ATRRSI,14)*2.618;
TrLevelRSIFast:=If(
si=PREV,
PREV,
If(
((Ref(si,-1)<PREV)AND (si<PREV)),
Min(PREV,si + DeltaATRRSI),
If(
(Ref(si,-1)>PREV) AND (si>PREV),
Max(PREV,si - DeltaATRRSI),
If(
si>PREV,
si - DeltaATRRSI,
si + DeltaATRRSI
)
)
)
);
DeltaATRRSI_2:= Wilders(ATRRSI,14)*4.236;
sis:=If(
si=PREV,
PREV,
If(
((Ref(si,-1)<PREV)AND (si<PREV)),
Min(PREV,si + DeltaATRRSI_2),
If(
(Ref(si,-1)>PREV) AND (si>PREV),
Max(PREV,si - DeltaATRRSI_2),
If(
si>PREV,
si - DeltaATRRSI_2,
si + DeltaATRRSI_2
)
)
)
);
SSL
HLd:=If(C>Ref(Mov(H,Lb,S),-1),1,If(C<Ref(Mov(L,Lb,S),-1),-1,0));
HLv:=ValueWhen(1,HLd0,HLd);
SSL:=If(HLv=-1,Mov(H,Lb,S),Mov(L,Lb,S));
mr. trader,
if your stop loss is hit but all indicators are in agreement, when do you re-enter market?