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LabTrend - page 3

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Linuxser
5915
Linuxser  
Files:
lt108.gif 18 kb
Linuxser
5915
Linuxser  
Igor Durkin
5272
Igor Durkin  

Please try to test updated LabTrendZigZag_v1.1 with calculation of cycle periods and distance between turning points.

Files:
nlzz_2.gif 12 kb
Sergey Golubev
Moderator
96000
Sergey Golubev  

Thanks a lot.

I updated indicators' links on this thread https://www.mql5.com/en/forum/general

Linuxser
5915
Linuxser  

LabTrend 2

LabTrend 2 Alone

LabTrend 3 Alone

LabTrend 1 Alone

LabTrend 2 and 3 Alone

LabTrend all together

Files:
lt2alone.gif 19 kb
lt3alone.gif 20 kb
lt1alone.gif 19 kb
lt23alone.gif 23 kb
Linuxser
5915
Linuxser  

Here we have two examples of trades.

First trade marked with orange lines point to ordered signals in the following order: LabTrend1, LabTrend3, RSI below center line, LabTrend2.

Second trade marked with line lines point to non ordered signals in the following order: LabTrend1, LabTrend3, RSI above center line, and LabTrend 2.

But we need to remark that Labtrend 2 never changed in the last bars. It was marking uptrend for some time. This is an example of reentry signals.

We don't need to wait in this case because there is nothing to wait.

Files:
knblm
7
knblm  

thanx for ur explanation linuxer.

what is our long-short entry point? can we use for long orange dots+5 or x and for short green dots + 5 or x.?

or what do you think?

Linuxser
5915
Linuxser  

Here we have some pictures with detailed entry points.

Also, RSI histogram helps better to pinpoint divergences. You could n ignore it.

We always enter at closed bars

Files:
entry1.gif 17 kb
entry2.gif 16 kb
entry3.gif 16 kb
entry4.gif 18 kb
robp
565
robp  

How is this indicator used with LabTrend 1, 2, and 3?

igorad:
Please try to test updated LabTrendZigZag_v1.1 with calculation of cycle periods and distance between turning points.
Linuxser
5915
Linuxser  

Today trades.

First picture. Marked bar for our entry point. Remember that we open our trades when the marked bar starts (last bar close).

Note: red line marks the wide between Labtrend 2 at top and Labtrend 1 signal at bottom and Labtrend 3. The wide is about 100 pips and could suggest some warning.

Next picture: Small profit or small loss, we should exit when the RSI turns negative. We could wait for a reentry signal because LabTredn 2 and 3 are marking for an uptrend.

Next picture: Similar condition with picture 1 and warning about widening between indicators. This trade is with 70 pips profited right now and still open because we don't have any signal to close.

Last picture: no trades open because indicators are not in agreement.

Files:
entry5.gif 21 kb
entry6.gif 19 kb
entry7.gif 21 kb
entry8.gif 18 kb
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