I like iTrend indicator (it is similar to such volume - not same but visually similar one) Look at this post #1 or you can select it for MT4 using this link.
I like iTrend indicator (it is similar to such volume - not same but visually similar one) Look at this post #1 or you can select it for MT4 using this link.
Thank you! Looks good. Thanks for sharing the level too! I will do some testing and see if it fits in my system
By the way I like the other two variations of it available for mt5:
This is a combination of two indicators in one. Histogram values are the sum of the values of two technical indicators - Bears Power and Bulls Power. Moving average values are the difference between the values of the financial asset price and Bollinger Bands ® (depending on the value of the Bands_Mode input parameter; the...
This is a version of the intraday version (published here : Simple Intraday Support / Resistance) that allows you to show support resistance estimation for any time frame
Indicator from the post above? Blue lines (signal line and the dotted line) are the bullish. The combination of those lines are providing the information about the primary trend (bullish only), and the secondary trend. Red lines (2 lines) are for bearish.
If blue signal line is below blue dotted line = no bullish.
If blue signal line is below blue dotted line, and red signal line is below red dotted line = flat (no bullish and no bearish).
If 2 blue lines are above 2 red lines, and blue signal line is above blue dotted line = bullish. Opposite for bearish.
If blue signal line is above blue dotted line, and red signal line is above red dotted line = ranging (bullish trend and bearish trend on the same time).
If red lines are below the blue lines and we see the bearish trend on red lines = correction (secondary correction within the primary bullish trend). Opposite for the secondary rally within the primary bearish trend.
Allow the use of cookies to log in to the MQL5.com website.
Please enable the necessary setting in your browser, otherwise you will not be able to log in.
You are signed in. Two-factor authentication has been disabled. Set it up again and scan a new QR code, or continue with two-factor authentication disabled.
iBBFill
Sergey in the past you have mention the use of Volume indicator to help filter out false signals. Can you provide a Volume indicator you recommend?
So far I have tried:
Ticks Volume Indicator
https://www.mql5.com/en/code/1919
Demand Index
https://www.mql5.com/en/code/520
Thanks in advance!
Sergey in the past you have mention the use of Volume indicator to help filter out false signals. Can you provide a Volume indicator you recommend?
So far I have tried:
Ticks Volume Indicator
https://www.mql5.com/en/code/1919
Demand Index
https://www.mql5.com/en/code/520
Thanks in advance!
I like iTrend indicator (it is similar to such volume - not same but visually similar one)
Look at this post #1
or you can select it for MT4 using this link.
I like iTrend indicator (it is similar to such volume - not same but visually similar one)
Look at this post #1
or you can select it for MT4 using this link.
Thank you! Looks good. Thanks for sharing the level too! I will do some testing and see if it fits in my system
By the way I like the other two variations of it available for mt5:
-https://www.mql5.com/en/code/505
-https://www.mql5.com/en/code/16990
Simple support resistance - indicator for MetaTrader 5
This is a version of the intraday version (published here : Simple Intraday Support / Resistance) that allows you to show support resistance estimation for any time frame
How to predict the chances of gains for the euro currency?
Where Do I start from?
https://www.mql5.com/en/forum/212020
MetaTrader 4 Help - Client Terminal – User Guide
MetaTrader 5 Help - Trading Platform — User Manual
----------------
How to make a search on the forum
https://www.mql5.com/en/forum/193510
Forum on trading, automated trading systems and testing trading strategies
Gold is Reaching at 1270
Sergey Golubev, 2013.07.01 21:04
How can we know: correction, or bullish etc (in case of using indicator for example)?
well ... let's take AbsoluteStrength indicator from MT5 CodeBase (fixed version of the indicator is on this post #4).
bullish (Bull market) :
bearish (Bear market) :
ranging (choppy market - means: buy and sell on the same time) :
flat (sideways market - means: no buy and no sell) :
correction :
correction in a bear market (Bear Market Rally) :
Forum on trading, automated trading systems and testing trading strategies
Resistance and Support Verification
Sergey Golubev, 2018.03.06 07:01
The Articles
----------------
Forum on trading, automated trading systems and testing trading strategies
How to Start with Metatrader 5
Sergey Golubev, 2016.08.12 17:07
Indicator from the post above? Blue lines (signal line and the dotted line) are the bullish. The combination of those lines are providing the information about the primary trend (bullish only), and the secondary trend. Red lines (2 lines) are for bearish.