SFX Trend Or Range Indicator:
Author: Brian Dee - Random Trader
Hi BarrowBoy, nice code and idea !
Very good idea
Is there any way to fit Variation Index into TOR idea http://codebase.mql4.com/4490
Hi BB, just to make things clear, 5-6 bars before the ranging period starts (when yellow crosses above red) a signal for a new trend is shown? Am i right?
intended as "5-6 bars after the ranging period starts (when yellow crosses above red) a signal for a new trend is shown"
diostar2011.10.26 14:59edit | delete
I took a look at your indicator but I have no clue how you use it into trading, open/close trades, etc.
Im not an indicator one, but I am exploring this for the first time. In the picture it looks some clever invention there, my question is does it repaints itself or does the colour switches, etc.
If not, how best can this be profitable, if you don't mind sharing your experiences in this product device you have achieved.