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Market condition indicators/tools - page 5

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clarc
38
clarc  

@ ND - have you ever tested if its possible to create an tradingsystem for D1 with these signals ?

Sergey Golubev
Moderator
101572
Sergey Golubev  

I traded those D1 here:

I stopped because of differences between my local time and D1 bar open time.

I think I will continue those signals in RAS tool. Besides there are some ideas to use this D1 system for 'Market condition evaluation and portfolio selection' with RAS tool.

Files:
Sergey Golubev
Moderator
101572
Sergey Golubev  

As to EA with this system ...

It is difficult. First idea was that I and Igorad will write some article in some magazine. Than we decided to create some EA or indicator to predict market condition, levels and so on and to be written on the charts ... than I started to test RAS tool and realised that it can be implemented in the RAS ... but RAS development is doing by some other developers and I hope they will implement it. Because it will be easy to create any EA or trading system in elite section (and everywhere) with this kind of market evaluation or prediction. Anyway, if it will not be realised in RAS so we can code it for elite section anyway.

So, I am just waiting: may be it will be realised so I am ready to give any help in this case to develop. If not for some reason - we can do it for elite section but in market selection way first.

DiemTrader
14
DiemTrader  

Newdigital,

Any suggestions for settings of AbsoluteStrengthMarket for a lower timeframe such as M5?

Thanks!

Sergey Golubev
Moderator
101572
Sergey Golubev  

It is difficult for low timeframe ... because the market will be changed all the time on M5 ... I did not try it on M5 for the long time ...

I tried MTF AbsoluteStrength indicator for M5 with H1 settings and it works.

We am planning to create some tool for market condition and in this case I will have to come back to this thread anyway.

DiemTrader
14
DiemTrader  
newdigital:
It is difficult for low timeframe ... because the market will be changed all the time on M5 ... I did not try it on M5 for the long time ...

I tried MTF AbsoluteStrength indicator for M5 with H1 settings and it works.

We am planning to create some tool for market condition and in this case I will have to come back to this thread anyway.

Thanks!

I also wonder if iTrend can be adapted as well.

I will give MTF AS a look.

Sergey Golubev
Moderator
101572
Sergey Golubev  

iTrend is used in Brainwashing system somewhere here Brain Systems - Forex Trading and this indicator is showing different value for different broker.

Usually I am using Ichimoku indicator, or so called 'info template' from this thread https://www.mql5.com/en/forum/174756

Sergey Golubev
Moderator
101572
Sergey Golubev  

As to M5 timeframe so I am using M5 trading template from this thread https://www.mql5.com/en/forum/174756

Files:
DiemTrader
14
DiemTrader  
newdigital:
As to M5 timeframe so I am using M5 trading template from this thread https://www.mql5.com/en/forum/174756

Thanks!

drhouse7
704
drhouse7  

thanks Newdigital

Great job here !

so yellow is for choppy and white is for no trade... seems the same ...or not?

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