MACD_Colored Indicator for 4 Hour Strategy (300+ Pips per Month) - Forex Factory
Lots of pdf's here:
Thanks, exactly what I am searching for...
All the best
PS I was looking for a description of the text codes used RB, VT, VB etc...turns out it was in the code when the alerts go off.
to me this is the best forum have been made...there's to many ind and other system can be found here.. sometimes i can get headache reading almost half of all the system.. lol ..
so i choose only this 2 ind when i`m trading.. keep it simple..
1. Heiken_Ashi_Smoothed - by senior zeman
2. TOPTREND - (sorry i dont remember where i got this ind)
simple but this system is looks really good to me
so,hope members and senior can give advice/suggestion about this 2 indicator and the other systems can be put it togather..thanks
sorry broken english..still learning lol
the toptrend looks like price channel stop
thanks for the link bro..
I like the idea of using those two indicators. From what I know, Top Trend changes color when there is a burst of momentum. In the pic enclosed, I used the Bollinger bands (green lines) standard specs (20,2) in Top Trend so they are compatible. You can see that when price touches one of the bands, it is what is often called a Bollinger Breakout wich is a strategy used in many trading systems (Top Trend changes color then until price reaches the other band).
One of those systems is the Bollinger Squeeze strategy wich uses BB, Keltner channel (grey dotted lines) (20, 1.5) and Momentum (12). When BB bands are inside the Keltner bands, the market is ranging so we wait for a trend to take off in the direction given by Momentum. The Bollinger Squeeze indicator was built for that (Momentum shown by histogram)
So for this thread, I would suggest to include the Keltner and the BB bands in order to identify ranging situations (see X's in the pic). Since Heiken Ashi Smoothed supports a greater variation in price than the standard version, it should be important to make sure we are not trading whipsaws. There could be other ways to do that like using simply price action (S/R).
Also I didn't look at it, but using two TF would be good IMO. Only take trades when the two TF show same direction. That would certainly help to eliminate whipsaws also.
My trading experience is limited, but these are the first thouhts I had for the thread.
nice combination ind here..
i assume this ind just for a panel info..
can you attached Bollinger Squeeze strategy ind?
so i can test the strategy
Here is the Bollinger Squeeze indy. Settings should be right (Bollinger 20,2 and Keltner 20,1.5). I also included the Keltner indicator I use. Just change ATR to 20 and K to 1.5 in the settings.
check it out my simple ind here..still simple but good enough..
just follow the rules by senior zeman
so far so good.. my pips always in profit maybe i will use in live acc after this
2.bollinger squeeze v4
any comments will be pleasure
Could you give us those rules (SL, TP, TF, pairs, etc.)?
Thanks and regards.