0_Harmony_05_azz.ex4 (25.1 KB, 1162 views
0_Harmony_05_zigzag.ex4 (


these indicators dont work.

May be ... it is ex4 files and it can not be fixed as it is ex4. Besides it was created before nen came to our forum with his first ZUP indicator ...
This section http://www.forex-tsd.com/harmonic-trading/ was started by Iranian kamyar. And Russians and Americans are working all together there ... but it was a problem with indicator long time ago (it was not coded by our members for free sorry) so I went to onix forum and asked the members of onix forum ... and than nen came to our forum from onix forum ... and posted his first ZUP. So those Harmony_05 indicators were coded before nen started to post his indicators developed on onix forum to our forum ...
Use other harmonic indicators http://www.forex-tsd.com/10385-post1.html

Indicators that others coded:

1) SUPPORT AND RESISTANCE - BARRY

2) CURRENCY HEATMAP

3) WSOWROTREND

4) SWEETSPOT GOLD

5) 3_LEVEL_ZZ_SEMAFOR


Indicators that I coded:

1) TRO DASHBOARD SupResPct

2) TRO MULTIPAIRS SAK using candle color, bias and midpoint

3) TRO BUY ZONE

4) TRO ABOVE BELOW

5) TRO RANGE

Hi Rumpledone,

What is Sweetspot Gold? Care to share it?

Regards,

Paul.

sweet.gif

Sweetspots Gold will draw horizontal lines. I have set to draw lines at prices ending in 00, 25, 50, 75.

ALL YOU NEED TO TRADE IS A HORIZONTAL LINE

TRADING IS SIMPLE.

There is an entire industry built around making you think it is complicated.

All you need is a HORIZONTAL LINE on your chart to be a profitable trader.

I bet you doubt me, don't you?

Go long when the price moves UP to a price ends in 00, 25, 50 or 75.

Go short when the price moves DOWN to a price ends in 00, 25, 50 or 75.

IT IS THAT SIMPLE!!

Look at the chart and see how many pips you can make when you trade with the H1 candle color.

You can do this with stocks, currencies, futures, etc.

Oh when to take profits? Where to place stops? Just DON'T BE GREEDY and use COMMON SENSE! Learn some money management.



Indicator attached.

Attached Files

SweetSpotsGOLD.mq4 (3.6 KB, 281 views)

Is it possible to create EA based on that principle ?

I would not suggest it.

EA's run on fixed spread bandit, I mean broker, platforms.

They'll take your money.

I can buy at the bid and sell at the ask on EFX: Experience Forex Freedom rather than having to buy the ask and sell to the bid.

That makes all the difference in the world of scalping.

Agree.Everyone including the marketmakers, has different opinions about drawing the channels, trendlines in order to spot the support and resistance.So your ascending channel might be somebody else's descending channel in different time frame.Horizontal lines are the only support and resistance lines which the marketmakers can not change or tweak and they dont change in different time frames.That's why fibonacci lines, murrey math lines ,camarilla lines work very well,they are all horizontal support resistance lines.I read this lecturer's work, who was also advising hedge funds.His research was about fibonacci numbers and Dow.His conlclusion was something like this:'' there is no scientific explanation why fibonacci numbers work well as support and resistance levels on Dow, take any decimal number instead of fibonacci number, it will work as good a fibonacci number.''

Woodies CCI
combine with Dr Bob CCI
Fibonacci as filter
MA Cross
Fibo_Piv2
Zigzag

Well this is a very good question. I have tried almost all indicators that I could grab in the past. I found out that none works well for me.
I’m trading 5 min TF scalping and the only indicators that I use are Laguerre, Stochastic oscillator and CANDLESTICKS.
I recommend to all traders to fully understand what they are and what they mean. I know that its hard work and it takes a fortune of time to learn candlestick trading, you could google and find a free ebook from Steve Nison that will teach you how to use them. I know some professional traders that don’t use other than candlesticks and breakout lines with great results.

My selection:

Candlesticks
Sto
Lag