Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
Have a look at the CCI than mate. It is what forex freeway is based on. it turnes green when cci goes positive, and red when it goes negative. that's it. FF also gives you a choice of timeframes and period lenghths.
Hey Elihayun, would it be possible for you to code the Forex Freeway2 the same way as you did the supertrend bars? A lot of peeps would be happy, because the current version doesn't show any history
Have you seen the MTF supertrend bars, posted by Elihayun?
Forex Freeway only shows buy or sell, just like supertrend, but it is based on the CCI. It goes green for CCI positive, and red for negative. For now, you only get signals in real time, but if someone could code the Forex Freeway in the same manner as MTF supertrend bars, than we could backtest it manually, or maybe even make an EA out of it. what do you think?
Hi all
This is the 1st version of #MTF FF. It is based on the same idea as my MTF supertrend. Actually I did change the Buy/Sell to use CCI instead of ST
Hope u like it.
p.s. both indicator are not working together so well (the TF labels, working weared. I will fix it soon)
There is a difference between the indicator and what the cci has shown. here is the 15 min time frame. I set it to typical price like in the indicator. I don't know what else could have been wrong.
1). To put my thoughts down and to make sure that I am understanding things as they are
2). To ask for others to help in my understanding of how MTF indicators work
3). To get advice on how I can work around the MTF issues to get the results I seek
For my examples I will use 15 min SMA and a MTF SMA on 60 min.
As I understand things if the 15 Min Bar is the end of the 60 min bar then the MTF 60 min value is correct for the closed 60 min bar. If the 15 min bar closes and it is inside the 60 min bar then the MTF 60 min value is correct but can change once the 60 min bar closes.
Is the above statement a fair statement as to what happens when using MTF indicators?
What I am interested in this;
15 Min Time What 60 Min Bar to Use
1:15 0:00
1:30 0:00
1:45 0:00
2:00 1:00
2:15 1:00
2:30 1:00
2:45 1:00
3:00 2:00
I want the higher timeframe to be calculated only on completed higher time frame bars.
Can anyone suggest an elegant method to accomplish this?