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You may use template atached. Unzip and place it in /templates folder (for example: C:\Program Files\Metatrader4\templates). Then open chart and download template and you will see 6 sma indicators on the chart. As to other indicators so check with trading system setup thread. |
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As I understand his system is not like simple price-crossing-sma system.
ramdas understands those sma indicators as support/resistance levels and trading not on the cross: price is crossing sma then is reversing and touching sma from the other side. It is good visually when we have the lines but arrows ... Besides as I understand price may touch the sma buy high of close bar. But high/low of particular bar is different for many brokers. Different value. Especially on M1 and M5 timeframes. So it should be some "delta" coded in pips between high/low of the bar and sma describing this "touching". This system is very good to understand the market condition and to predict the price movement. But you coded something already for that? I see some indicator in your attachment. |
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Yes I had a go mate but I am complete novice at coding, I would be lost trying to duplicate your explanation, which is what it needs, but it would be good if it could be done, maybe it is too much work/requires too much subjective analysis as you suggest |
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Price value and 5 sma is almost the same. Price is crossing 5 sma all the time. And I don't understand this one: Quote:
Last edited by newdigital; 12-22-2006 at 10:29 AM. |
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