Because many people are trading using M1, M5 or M15 timeframes.
Open M1 chart ... and what? we may have many questions:
EURUSD is in bullish or bearish in general?
when it was started and when it will be finished?
But we are not trading primary trend. We are trading secondary trend - means: we are trading the trend for right now (secondary).
Trend following is when primary and secondary trends are same ones (bullish/bullish; bearish/bearish).
So, using this simple setup - we will have the answers on all those questions using just this one M1 chart (or M5 or M15 for example).
- primary trend (which can exist for many hours) is related to the cloud: price is above the cloud - bullish; below is for bearish.
- secondary trend is NRTR indicator: blue line is bullish and red line is bearish.
And we can trade as we want having the knowledge about the price and market condition.
appreciate you so much to your efforts and dedications on tsd threads
may the pips always with you
SSA end-pointed normalized mtf
Here you go
Have a nice weekend
small request for modification
I would like to have a little modification on the alerts of T3 velocity 3 indicator.
I use different chart windows with different parameters to trade eurusd. One for trading the trend direction other for trading the countertrend retracement direction.
So can you please modifiy the t3 velocity 3 indicator adding one extra line to the inputs window of the indicator for me to be able to select if i want alerts only for long trades. only for short trades or both.
Something like Alerts Mode in the inputs menu: And three options (Long Short Both)
So that when i only choose long trades alert mode i will only have alerts for 1-thick pink to thin pink bar and 2- pink to green (zero cross) and vice versa for short trades alerts.
Thank you Mladen, have a nice weekend as well.
SSA normalized end-pointed & alert advanced mtf appears black
Ive tried to attached the file of SSA normalized end -pointed & alrert advanve mtf .q4 ... but on the MT4 platform chart it appear blank ... any advise to rectify the problem ...thanks..
You need to have the libssa.dll in the libraries folder. Here is a link to it : libssa.zip
Here you go. 2 options added : alerts on lng and alerts on short. You can set up each to your wishes (true or false) so that you even can have the 4th case when both are false and no alert will be triggered
Mladen, can you take a look and tell me if it's pain in ass to build RORO index indicator for MT4 or maybe something similar it's already built.
Thank you for the modification Mladen.