mqh file please for include/expert/signal
That indicator does not have include files. That is metatrader 5 indicator and it works OK when compiled and attached to chart
Mr Sergey, firstly I wan to thank you for sharing the Guppy MMA, I like the info its display on the top right corner, is there by any chance that this indicator exist in mq4 for MT4?
That would be this one :)
Thank you Mr Mladen, I really appreciate :-)
Too large account drawdown and too much risk on the capital ... how to deal with it?read the following articles:
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2012.08.24 09:37
CFB tells you how long the market has been in a quality trend. This value can be used to adjust the period length of other indicators, especially stochastic bands. In order to quantify the overall duration of a market's trend, we replaced classical cycle analysis methods (FFT, MEM, MESA) with a form of analysis that works even when no cycles exist. We accomplished this by examining a time series for specific fractal patterns of any size. We then gather all the patterns found and combine them into one overall index, CFB (Composite Fractal Behavior) Index.
Composite Fractal Behavior and its aplications - good thread with the following indicators:
It is very advanced multi timeframe fractal indicator with alerts. There are some good features such as how to show the arrows when showJustOneArrow parameter is set to true :showArrowType parameter :0 -> draw arrow just on the first bar of the target time frame1 -> draw arrow just on the last bar of the target time frame2 -> draw arrow when the high is equal to high fractal or low is equal for low fractalAdditional option is to show the arrow just on the first bar of the target time frame fractal, or to repeat it on every bar belonging to that time frame bar.
Sergey Golubev, 2017.10.29 07:28
How To Trade - Fractal Indicator and How Does It Work (based on blog post)
The fractals are technical indicators, part of the Bill Williams’ indicators. Unlike any other indicators, this one is not a line or histogram bars; it is just a simple arrow on top of or below the bars of the price chart. These fractals are formed when five consecutive bars align in a strict manner. There are two types of fractals:
Bearish fractals: this fractal forms over a bar in the price chart, only if the high of this bar is higher than the high of the previous two and next two bars. In real-life trading this fractal indicates a possible bearish movement.
Bullish fractals: this fractal forms below a bar in the price chart, if the low of this bar is lower than the low of the previous two and next two bars. When you see this fractal, you should expect a bullish movement.
It is important to mention that the Bill Williams’ fractals are illustrated a bit late on the chart, because you need the fifth bar to close, in order to determine the highest high or lowest low. The fractals are trading signals, but they are far too insufficient to count on them alone: the buy fractal indicates a possible buy order and vice versa.
The fractals point out the strong levels. You can easily draw a line to connect multiple fractals to form either a resistance or a support line. These levels work exactly the same as the trend lines. If you take a look at the image, you will see the resistance line and the buy signal. We get this signal, because the price breaks the strong resistance level. However, if you take a close look at the chart before this moment, you will see a couple of sell signals. This clearly points out how inconclusive are the fractals alone.
If you have paid attention on the Trend Lines page, you already know that some traders use the fractals to build their trend line. We really like this strategy, but it is not something revolutionary.
Bill Williams’ fractals and Alligator indicator. These two indicators share great synergy and we will take a quick glance in the image. It is the same as the previous, but we have added the Alligator and this changes the picture quite a lot. Take a look at the buy signal; do you see now why we have not opened a sell order before the buy signal? The price moved above the Alligator and we needed to see a breach of the indicator’s levels and a couple of sell fractals, but did not see that. Instead, the price kept on moving above the Alligator and it even broke the resistance level, which gave us a clear idea of the future movement – buy and take profit.
Something interesting, old thread
Sergey Golubev, 2017.07.06 13:59
Chart Clones - very good indicator which draw price charts as a subwindow.
By the way, this indicator needs to be improved so if someone is able to fix it - please upload here on the thread.
Volatility Quality - on chart - indicator for MetaTrader 5
Volatility Quality indicator made "on-chart" by bars, candles and lines.