ok. I will work in it
I like your "ocilador".
I will do it after doing the suggestion that DREW gave me.
here goes the indicator using percentages
you have to enter a position when the ocilator percentage is high.the higher the indicator the better the trade will be.
now you can leave this and quit the MTFAPA
I hope u guys enjoy it.
this is my template
Hola Nivarman, So as far as I understand the oscillator works like this:
1. If goes up above cero a buy signal generates
2. If goes down below cero a sell signal generates
Is correct this observation?
Does this indicator works on any timeframe?
Hola Drewp, thnaks for your help. Here I attached 2 templates for you to review them, if they are ok with your system. Please check em out.
Please explain your new indicator in English please.
about the indicator
its simple. it only shows the distance between the 2 lines (red and blue) of the MTF APA indicator. The best signals are the ones that meet a high value in the occilator. 0.25 or higher. is a way the filter a little more the bad signals . the higher the value of the indicator, the better will be the signal. it never goes below 0. is always positive. you close your position when it reach 0 again or when it hits your stoploss or your target.
the direction of the position remains ruled by DREW signals EA.
the only problem is that it will filter some good signals too.
I am testing a new philosophy that says "boring is good". In other words, I prefer to have 2 signals with a 90% propbability of success that 10 with 60% probability of success.
but shhhhhhhhhhh. dont tell anyone that we are building the holy grail. lol
I am from colombia, south america.
here I am, in the middle of the jungle with my laptop, doing Metatrader Expert Advisors, lol.
Not seriuosly guys, there are citys here too. lol.
de donde eres tu atisnado?