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  #1 (permalink)  
Old 08-13-2006, 08:50 PM
CP6 CP6 is offline
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Trend Signal

Hi all,

Anyone can make this indicator for metatrader platform ?..

thanks in advance.

cheers
Attached Images
File Type: gif pundswiss.gif (10.6 KB, 623 views)
File Type: jpg trendsignal_properties.jpg (29.1 KB, 452 views)
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Old 08-14-2006, 07:04 AM
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Quote:
Originally Posted by CP6
Hi all,

Anyone can make this indicator for metatrader platform ?..

thanks in advance.

cheers
Some months before I have seen a similar chart and indicator in this forum,but unfortunately I forgotten it's name.If any of the member can post it ,we will be greatful to them.
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Old 08-14-2006, 11:25 AM
CP6 CP6 is offline
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it seems that i had used "search" function for entire forum & still didnt found it.
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Old 08-14-2006, 12:40 PM
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I have this indicator.
May be not the same one.
Attached Images
File Type: gif trendsignal.gif (23.3 KB, 616 views)
Attached Files
File Type: mq4 Trendsignal.mq4 (3.2 KB, 207 views)
File Type: mq4 Trend Bands v2.mq4 (3.7 KB, 153 views)
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Old 08-14-2006, 12:57 PM
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And some other idicators from asctrend thread and from NonlagMA thread.

It may be some trading system.
Because false signals from Trendsignal indicator are filtered by No.3 indicator and by TrendEnvelopes_v1.mq4 indicator. And tp and sl may be adjusted according to Trend Bands v2 indicator.
Attached Images
File Type: gif trendsignal1.gif (30.3 KB, 514 views)
File Type: gif trendsignal2.gif (22.7 KB, 503 views)
Attached Files
File Type: mq4 No3.mq4 (2.6 KB, 139 views)
File Type: mq4 TrendEnvelopes_v1.mq4 (4.2 KB, 134 views)
File Type: mq4 RSIFilter_v1.mq4 (2.4 KB, 145 views)
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Old 08-14-2006, 01:11 PM
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Or we may use just 3 indicators:
- Trendsignal with default settimgs;
- ATRStops_v1.1 indicator with Kv = 3.4;
- Indicator No.3 (which is the same with RSIFilter indicator posted above).

And the rules may be the following:
- go long for log signal of Trendsignal indicator (on the close bar) if ATRStops_v1.1 indicator (on the close bar) is in blue color and 1st bar is in blue color as well;
- opposite for short.
- any other cases (bars are not colored, and so on) - non trading.

And we may operate by stop loss only (trailing stop) adjusted according to ATRStops_v1.1 indicator.
H4 timeframe.

I have no idea how it will be live.

Jusr attached it to the chart.
Attached Images
File Type: gif trendsignal3.gif (20.0 KB, 453 views)
File Type: gif trendsignal4.gif (23.1 KB, 422 views)
Attached Files
File Type: mq4 ATRStops_v1.1.mq4 (3.0 KB, 142 views)
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Old 08-14-2006, 01:48 PM
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I just start to thing: why we need this Trendsignal indicator?

I created template for M5 timeframe (zip file). Place this (unzip before) file to /templates folder (C:\Program Files\MetaTrader4\templates for example), all the indicators in /indicators folder (C:\Program Files\MetaTrader4\experts\indicators for example), compile indicators.

And then open GBPUSD M5 timeframe chart, right mouse click on the chart, choose "Template" from menu, then No5 template.
Attached Files
File Type: mq4 No5.mq4 (3.8 KB, 159 views)
File Type: mq4 TrendEnvelopes_v1.mq4 (4.2 KB, 142 views)
File Type: zip no5.zip (709 Bytes, 157 views)
File Type: mq4 AbsoluteStrength_v1.mq4 (4.8 KB, 149 views)
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Old 08-14-2006, 01:58 PM
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HI ND,
Thank you for your immediate response and some good indicators with charts.But I remember well, in the charts i have seen somewhere in the forum it clearly marked in words "buy at -----" and "sell at -----".But still I am unable to find out that thread.
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Old 08-14-2006, 02:04 PM
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Quote:
Originally Posted by newdigital
I just start to thing: why we need this Trendsignal indicator?

I created template for M5 timeframe (zip file). Place this (unzip before) file to /templates folder (C:\Program Files\MetaTrader4\templates for example), all the indicators in /indicators folder (C:\Program Files\MetaTrader4\experts\indicators for example), compile indicators.

And then open GBPUSD M5 timeframe chart, right mouse click on the chart, choose "Template" from menu, then No5 template.
May be it works. I did not try it live.

And stop loss level may be according to the lines of TrendEnvelopes_v1.mq4 indicator. To have the other stop loss level just play with Deviation settings in this indicator.
Attached Images
File Type: gif trendsignal6.gif (26.7 KB, 467 views)
File Type: gif trendsignal7.gif (26.9 KB, 415 views)
File Type: gif trendsignal8.gif (23.4 KB, 400 views)
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Old 08-14-2006, 02:08 PM
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Quote:
Originally Posted by tirou
HI ND,
Thank you for your immediate response and some good indicators with charts.But I remember well, in the charts i have seen somewhere in the forum it clearly marked in words "buy at -----" and "sell at -----".But still I am unable to find out that thread.
May be you are talking about indicator (forgot the name of this indicator) based on zigzag with "sell at ...", "buy at ..." and "stop at ..." at the chart? As I remember this indicator works well on historical data only and does not work on live trading. But I can not find it.
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