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Derk,
thank you for your effort in constructing the indicators.
Recently I talked with CompassFX about the indicators which will be presented when you're visiting the advanced workshop. Since I live in Germany and no workshops are planned in the EU, I asked for the advanced indicator without take part in that workshop. But it is not possible to buy it.
Please have a look at the attached picture. You can see that the advanced indicator consists of an audible alert and an arrow in the trade direction. The arrow will come up with every single candle as long as the trade is active. Once an exit rule is applicable, no arrows will be painted.
I'd like to list up the rules again:
Entry-Rules for LONG positions:
1. haClose > upper PAC moving average AND
2. PAC moving average trending up AND
3. TDI: RSI (green line) > 50 and TSL (red line) and MBL (yellow line) AND
4. TDI: RSI (green line) < 68
Exit-Rules for LONG positions:
1. Positive bar is much shorter than the previous bar or changes to a negative bar at close OR
2. Bar closes inside the channel OR
3. TDI: RSI (green line) crosses back below the RSL (red line) AND
4. TDI: RSI > 68 AND
5. TDI: RSI crosses back below the upper volatility band to the upside.
Entry-Rules for SHORT positions:
1. haClose < lower PAC moving average AND
2. PAC moving average trending down AND
3. TDI: RSI (green line) < 50 and TSL (red line) and MBL (yellow line) AND
4. TDI: RSI (green line) > 32
Exit-Rules for SHORT positions:
1. Negative bar is much shorter than the previous bar or changes to a positive bar at close OR
2. Bar closes inside the channel OR
3. TDI: RSI (green line) crosses back above the RSL (red line) AND
4. TDI: RSI < 32 AND
5. TDI: RSI crosses back above the lower volatility band to the upside.
Derk, are you able to reconstruct such an indicator? Unfortunately I do not have any knowledge in programming indicators for metatrader ...
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