Trend Friend

nittany1 · 03-16-2008, 01:53 AM

I threw together another indicator that you guys might like. I just finished it a few mins ago and I can't wait for the market to open, heh.

This new one I named Trend Friend because it uses MACD and two sets of exponential moving averages on the 1 min through 4 hour timeframes. It's a very close cousin to Trade Assistant because I coded them the same way.

On my setup I use three of my indicators together, ToR which stands for trending or ranging, Trade Assistant and now Trend Friend.

I included two screenshots so you can see what it looks like in an all-out buy situation and also a minor bearish trend that started releasing its sell pressure.

Best of luck in all your trades!

- nittany1

cutzpr · 03-16-2008, 03:00 AM

Great setup and Indicators. How do you trade this system? Would you Stop and Reverse on the Blue and Red Entry signals or would you suggest trading between the pivot points and taking profit at the different S/R levels.

Also, out of curiousity, what Pivot point Indicator is that?

nittany1 · 03-16-2008, 03:20 AM

Quote:

Originally Posted by cutzpr

Great setup and Indicators. How do you trade this system? Would you Stop and Reverse on the Blue and Red Entry signals or would you suggest trading between the pivot points and taking profit at the different S/R levels.

Also, out of curiousity, what Pivot point Indicator is that?

It's not a system, it's an indicator, I just show it in use. I'll attach the pivot indicator.

fxbs · 03-16-2008, 12:29 PM

nice, Nittany, so neat
and for the future - if you stick minutes text up on top - you'll free more room which might allow to put two sets of indis side by side in one sw

et_phonehome_2 · 03-16-2008, 12:36 PM

Nice work again.

prasxz · 03-16-2008, 01:14 PM

nice indicator thanks

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Sadly · 03-16-2008, 02:05 PM

Your bar timer, does that update in real time or per tick?

nittany1 · 03-16-2008, 02:07 PM

Quote:

Originally Posted by Sadly

Your bar timer, does that update in real time or per tick?

I didnt write it but it's per tick.

Ethan Hunt · 03-17-2008, 01:40 PM

Quote:

Originally Posted by nittany1

I threw together another indicator that you guys might like. I just finished it a few mins ago and I can't wait for the market to open, heh.

This new one I named Trend Friend because it uses MACD and two sets of exponential moving averages on the 1 min through 4 hour timeframes. It's a very close cousin to Trade Assistant because I coded them the same way.

On my setup I use three of my indicators together, ToR which stands for trending or ranging, Trade Assistant and now Trend Friend.

I included two screenshots so you can see what it looks like in an all-out buy situation and also a minor bearish trend that started releasing its sell pressure.

Best of luck in all your trades!

- nittany1

Hi nittany1, your inducator works great, thank you...

Ethan Hunt

nittany1 · 03-17-2008, 07:06 PM

Quote:

Originally Posted by Ethan Hunt

Hi nittany1, your inducator works great, thank you...

Ethan Hunt

No problem, anything to help out. I really like this community forum thing we got going on here, it's a real nice resource.

- nittany1

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