Dimitr Trifonov / Blog

7. Testing and Optimization 7. 1 Testing After the indicator is initialized, the result of a trade simulation is displayed in the Experts section of the Metatrader terminal , as well as statistical data, for example: The indicator displays : - number of orders...

5. Parameters of the Object Options indicator : 5.1 ObjectsStartBar The indicator has the ability to draw all Objects on any bar of the chart. List of MetaTrader Objects used by the indicator: 1. Fibonacci Expansion Nets 2. TrendLines...

3.4 OpenChannel The OpenChannel channel is always drawn on the graph. Breaking the channel by the price is marked by an arrow in the direction of breaking through and is a signal to open a position...

3 . Parameters of the Channel Options indicator : The indicator draws three channels that can be used as stop levels for closing positions. Channels are built to each wave, the wave can be Trend or Rollback 3...

2 . Indicator Parameters Synthesis Options: Building Simple Waves and Trend Waves is not enough to open a position, that is why filtering potential market entry signals is introduced. CompareWaveBLengths - if true - in every Trend a Rollback wave length (4th, 6th, 8th, etc...

1.3 Lvl and LvlCoefficient - the parameters responsible for the grouping of waves and wave construction of a senior(Lvl), up to the last level (Lvl),as well as the Trend of each level. Trend Up - the case when the minimum of the next wave up is above the minimum of the previous wave up...

Self-testable and self-optimizable indicator Matreshka: 1. Is an interpretation of the Elliott Wave Analysis Theory. 2. Based on the principle of the indicator type ZigZag, and the waves are based on the principle of interpretation of the theory of DeMark. 3. Filters waves in length and height. 4...