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Scalper Dream Dynamic Filtered

The indicator is designed specifically for scalping on trending! market areas on timeframes M5-H1. The complex algorithm is a combination of multiple indicators which change dynamically based on the market situation. In addition to the basic signals, it also has additional ones (more frequent, but less accurate). To built-in switchable filters can be used for filtering signals. The recommended TF is M15. The signal is accompanied by an additional direction line, at the end of which the probability of a price reversal increases. An arrow appears at the opening of a bar and does not disappear, the indicator does not redraw its values!


Parameters:

  • UseConditionsBO - changing priority of the main indicator conditions
  • UseExplosionFilter - enable/disable the filter of direction strength
  • ExplosionFilterFastPeriod - the fast calculation period of the direction strength filter
  • ExplosionFilterSlowPeriod - the slow calculation period of the direction strength filter
  • ExplosionFilterSmoothingPeriod - the smoothing period of the direction strength filter
  • UseLongTrendFilter - enable/disable the long-term trend filter
  • LongTrendFilterPeriod - the calculation period of the long-term trend filter
  • ShowAdvancedSignals - enable/disable additional signals
  • UseExplosionFilterForAdv - enable/disable the direction strength filter for additional signals
  • UseLongTrendFilterForAdv - enable/disable the direction strength filter for additional signals
  • AddDigits - additional accuracy of the indicator
  • ArrowUpCode - the code of the up signal arrow
  • ArrowDownCode - the code of the down signal arrow
  • AdvArrowUpCode - arrow code for the additional up signal
  • AdvArrowDownCode - arrow code for the additional down signal
Aravind
5070
Aravind 2017.05.06 04:55 
 

Works fine

Version 1.5 2016.04.19
Removed the information lines from the settings to allow the indicator to be called from experts with the full parameter list.
Version 1.4 2016.01.15
Added notifications about signals (arrows).
Version 1.3 2016.01.08
All the internal settings are now visible to the user, in order to allow more precise lookup of the optimum parameters.
Version 1.2 2015.12.01
A new algorithm for the calculation of entries has been addedю If used, additional signals (ShowAdvancedSignals) are disabled automatically, only main signals are available.

UseAlgo2 - true = enabling the new algorithm, false = using the old algorithm.
Algo2Levels - an additional filter for the new calculation algorithm (the range parameters should be additionally found, e.g. for M5 EURUSD values are 0.0002-0.0005). The value of 0 means that the filter is disabled.
Version 1.1 2015.11.03
Changed calculation of direction lines