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.
PJ,
Seems professional approach, so 1st we need to convert SpikeBar indicator to multi time frame with TimeFrame input option, then add Fib-Levels, am i right ?
I have found one fixed fib indicator which does this job. You have to just feed the upper and lower prices and it calculates the prices as per your input in the switches and prints it on the chart. It stays with the chart even though you change it to a different time frame. This is exactly I wanted not the dynamic fib tool which prints new fibs every time you change the time frame.
I can send you the indicator if you want. Because that member is not liked at this forum I am not posting his indicator at his request. I found from his own forum.
So now if you can just put background switch in your spikebar indicator without turning it into an MTF one then it's OK. I will check the upper and lower values of the bar from Spikebar 3 and then manually input those values in the Fixed Fib tool. It will save you time.
Arshad,
I can send you the indicator if you want. Because that member is not liked at this forum I am not posting his indicator at his request. I found from his own forum.
PJ
I can send you the indicator if you want. Because that member is not liked at this forum I am not posting his indicator at his request. I found from his own forum.
The reason of posting this message is to let you know that I am still in the process of developing trading aorund Spike Bar Concept and faced some failures in terms of Entry Triggers and the Strength Factor with which a particular level reacts. Most recently, whereas I have successfully anticipated correct Market Reversals, I have also come across a number of failed trades and I failed to understand at what point should I EXIT from the trade. This had affected my decision to redefine entries at these levels and anything in this context that can be shared with you all for the overall benefit has not yet been establishd, though I am working on it and will let you all know as soon as something I see that has Higher Probability of success than failure. Till then, I leave it to your safe hands to feel free and discuss your views and developments in this thread.
Is it possible to add a dynamic horizontal bar (to the indicator version3 with alert) with the following criteria?
1-In case of blue bar: X pibs (X = user defined) below the highest high registered after closing of the most recent spike bar. This dynamic horizontal line will change position each time a new high is registered until a new spike bar is established & closed.
2-In case of red bar: X pibs (X = user defined) above the lowest low registered after closing of the most recent spike bar. This dynamic horizontal line will change position each time a new low is registered until a new spike bar is established & closed.
As you are aware, a spike could be a sign of reversal, this line will help to spot the user defined desired level to decide if this spike bar is there to confirm reversal (Exhaustion) or trend continuation (strong market).
Is it possible to add a dynamic horizontal bar (to the indicator version3 with alert) with the following criteria?
1-In case of blue bar: X pibs (X = user defined) below the highest high registered after closing of the most recent spike bar. This dynamic horizontal line will change position each time a new high is registered until a new spike bar is established & closed.
2-In case of red bar: X pibs (X = user defined) above the lowest low registered after closing of the most recent spike bar. This dynamic horizontal line will change position each time a new low is registered until a new spike bar is established & closed.
As you are aware, a spike could be a sign of reversal, this line will help to spot the user defined desired level to decide if this spike bar is there to confirm reversal (Exhaustion) or trend continuation (strong market).
Thank you for contribution & helpful behavior.
Zeinoun
Sorry Zeinoun.....I am not active in coding these days maybe come back after some time
Linear Mode
