Quote:
|
Originally Posted by european
Anybody can share a working Float.mq4 indicator.
For some reason I cant make the one from this site work
euro pean
|
Here are 2 you can use with 2 different settings 50 & 100 although that can be adjusted, Use them together one has the high low lines set on the chart the other has the lines come right down thru the indicator windows, the idea is to look for correlation between the 2 Floats for highs or lows and the MMlevels on at least 3 time frames. in this case the H4,H1,M30 & M15 figures all give a 1.2652 bottom on the EURO/USD that shows a potential reversal point. I have supplied all the indicators that are on the chart screenshot - it also pays to have an indicator susch as MACD or RSI etc to help confirm/deny the potential reversal. enjoy.
cja
2XFloat.gif
FLOAT#Data.mq4 FLOAT#Data_2.mq4
MM# LabelLevels.mq4
MACD 2 Colour HISTOGRAM.mq4