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All the indicators which are helping the detection the trend please post here.
The first indicator is sinTrend. The value of about zero is the float, the trend is started if the value of indicator is equal or above 0.0015 or minus 0.0015, the value of above 0 is uptrend, below 0 - downtrend.
Last edited by newdigital; 10-21-2005 at 10:37 AM.
An other trend indicator written by russians based on the idea from the Forex Magazine #58. Blue line is Trend Detection Index (trend strength), red - Direction Indicator.
This indicator was developed on russian forum http://forexsystems.ru/
Last edited by newdigital; 11-19-2008 at 05:35 AM.
This True Strength Index indicator may be used together with above mentioned Trend Detection Index.
Please find some variations of this indicator written by russians.
TSI indicator is based on the book:
Momentum, Direction, and Divergence, William Blau, series editor Perry J. Kaufman.
I have this book in russian.
Last edited by newdigital; 10-20-2005 at 12:52 PM.
As I know they are using TDI, TSI, Ergodic Oscillator, Ergodic Signals TSI-Osc, TSI signals and 3D Oscillator indicators to have some trading systems and to detect the trend.
Yes!
I found the description of this indicator (WSOWROTrend.mq4 - see posts above).
It is indicator for the calculation of the support and resistance levels. It means not one level. Many S/R levels.
This indicator is using some filter system to receive the S/R level with more higher probability.
I will translate the descriotion tomorrow to the English language.
Well.
WSOWROTrend indicator is based on Widners Oscilator. As I understand it is some preliminary indicator. Sope people built the trading system on this indicator but they improved it.
nPeriod is number of the bars for the calculation of the minimums and maximums. The value of nPeriod may be from 3 or above. 9 is by defauld value. All the support and resistance lines are based on the maximums and minimums.
Linear Mode
