Indicators that tell the price strenght..? - page 2

 

tro.. i have ur tro fib multi indic.. but can u please tell me the correct way to use it.. all that i know is if the value is under 50% it kinda safe to open short and if it 100% and above is for long position.. is it correct?

 

market profile/analysis indicator/EA

Do you have a web site or something where you sell your indicators ?

IN10TION:
:: I'm working on something like that... Cluster/Correlation strength between currencies... this will be added in the next NewsReader release... also have a market profile/analysis indicator/EA (not for free release), but market profile/analysis will give you a more overall guidance in direction while Cluster/Correlation indicator will give a instant overall strength/weakness view (where the action is )
 
fxcruiser:
limestreamx,

You may want to look into the Probability Meter developed by Ferrufx. It has our Strength Signal in it along with his other custom indicators. It may do the job for you.

ENJOY!

Thanks FxCruiser for your support

FerruFx

 
limestreamx:
tro.. i have ur tro fib multi indic.. but can u please tell me the correct way to use it.. all that i know is if the value is under 50% it kinda safe to open short and if it 100% and above is for long position.. is it correct?

Please post a chart or 2 so I can answer better.

Most of the time, you want enter long at support(0%) and short at resistance (100%).

Of course, the price can either breakout/continue or bounce/reverse.

Usually, if all/most of the levels are at one extreme or the other, you look for a reversal.

Files:
fibmulti.gif  18 kb
 

I use this one and only trade with the trend when

trendup strong or trend doen strong and all lines turn red to sell or green to buy

of course suport and resistance is important

DONT use this on its own!!

Files:
gmacd2.mq4  17 kb
 
TheRumpledOne:
I coded a STRENGTH MULTIMETER HERE:

https://www.mql5.com/en/forum/178406/page2

or if you want to compare multiple pairs across multiple threads you can use the TRO FX DASHBOARD EXTERNAL:

https://www.mql5.com/en/forum/178542

Maybe you mean it is here

https://www.mql5.com/en/forum/177085

Thank you TRO..YOU HAVE HAD CHANGED MY CHARTS SINCE I KNEW YOU

 
ahmedazizelias:
Maybe you mean it is here

https://www.mql5.com/en/forum/177085

Thank you TRO..YOU HAVE HAD CHANGED MY CHARTS SINCE I KNEW YOU

im sorry ahmed but i dont really believe in EA..

 
limestreamx:
im sorry ahmed but i dont really believe in EA..

me either i did not find yet the EA which i can give him my money and go

i just post the link to re-direct to the fib multi indicator that TRO dispalyed in the chart..

Did you watch"NEXT" movie?..HE IS THE RIGHT "EA"..THIS IS THE REAL HOLLY GRILL..i guess that guy wasting his time with FBI,it is better to make billions in Forex in matters of hours..THIS MAN SHOULD BE MY EA (JUST LET HIM IMAGIN AND I WILL HIRE 1000 ACCOUNTANT TO JUST COUNT MY MONEY )

 
limestreamx:
okey mr tro this is my simple setup.. i just draw fibo manually.. and add ur fib multi indic.. so as u say we look for 100% reversal.. now on this screen its show that the tro fib multi is at 89% while the price is above 61.8 fibo line.. so now what is the rules for entry using this fib multi? can u please explain it briefly..

Hi limestreamx,

For security purpose, i think next time you better hide your account as shown on your chart because you are expose your account number publicly. Just a friendly reminder.

 

okey mr tro this is my simple setup.. i just draw fibo manually.. and add ur fib multi indic.. so as u say we look for 100% reversal.. now on this screen its show that the tro fib multi is at 89% while the price is above 61.8 fibo line.. so now what is the rules for entry using this fib multi? can u please explain it briefly..

Files:
eu2.gif  37 kb
Reason: