Market / MetaTrader 4 / Indicators /

GTAS FibTdi

FREE

Published: 20 March 2018

Current version: 1.0

GTAS FibTdi

Indicators
Riviera Systems
Riviera Systems
Riviera Systems

France

6221
4.7 (4)
25 years experience in software engineering and 10 years in algorithmic trading
Partnership with a proprietary trader, ex hedge fund manager
Location : Toulon, South of France

4 products
Version: 1.0

GTAS FidTdi is a trend indicator using combination of volatility and potential retracement levels.

This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest.

Description

The indicator is represented as a red or green envelope above or under prices.

How to use

Trend detecting

When the envelope is green, the trend is bullish.

When it is red, the trend is bearish.

Trading

Once a trade is opened, GTAS FibTdi shows retracement zones when trend is established.

If prices cross the envelope, it may be time to take some profit or close the trade.

On the other hand, if prices bounce off the envelope, it may be a good opportunity to reinforce the position according to other GTAS indicators like BSI and S-Trend.

Parameters

Periods - number of bars used to evaluate the volatility
Ema1 - fast bound of the envelope
Ema2 - slow bound of the envelope
Ret1 - first retracement level to calculate the envelope
Ret2 - second retracement level to calculate the envelope

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Filter:

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Equinox100 2020.12.25 11:21 #

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sunnychow 2020.01.24 15:59 #

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409

John Smith 2019.05.14 03:30 #

Hello sir, good indicator, however there is no way to adjust or edit parameters.

Can you make this possible please?

Many thanks

13134

Matthew Todorovski 2018.06.30 14:28 #

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1701

Richard Jehl 2018.03.30 19:10 #

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Tim Eubanks 2018.03.21 12:09 #

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GTAS FibTdi

Riviera Systems

Description

How to use

Parameters