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
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.
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:
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
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 forumhttps://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 in a bear market (Bear Market Rally) :
Resistance and Support Verification
Sergey Golubev, 2018.03.06 07:01
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.