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.
A friend of mine asked me some time ago to look at it and we did, but, frankly, from the information that we had as of how does that indicator works, the results were not the expected ones. Anyway, attached it here.
Thank's for the indicator. This is a good tool. I guess your friend miss understood about how to use it. You need to read the book of Dynamic Trader to understand how to use it. but this is a useful weapon.
This indy is not much different with RSI over the Stoch, but DTosc have smoother lines. I don't why, i am not a programmer, can you tell me why ?. Thank's any way.
Quote:
Originally Posted by mladen
A friend of mine asked me some time ago to look at it and we did, but, frankly, from the information that we had as of how does that indicator works, the results were not the expected ones. Anyway, attached it here.
Thank's for the indicator. This is a good tool. I guess your friend miss understood about how to use it. You need to read the book of Dynamic Trader to understand how to use it. but this is a useful weapon.
This indy is not much different with RSI over the Stoch, but DTosc have smoother lines. I don't why, i am not a programmer, can you tell me why ?. Thank's any way.
because of formula:
double HHV = RSI[ArrayMaximum(RSI,PeriodStoch,i)];
StoRSI[i] = 100.0*((RSI[i] - LLV)/(HHV - LLV));
may be you tell us your understanding about how to use it? (few examples?)
Thank's
Dear fxbs
I need a simple indicator , and will appreciate if you do it , it must draw 2 lines for all the chart
HL=today_high + (previous_day_high - previous_day_low)*0.44
LL=today_low - (previous_day_high - previous_day_low)*0.44
because of formula:
double HHV = RSI[ArrayMaximum(RSI,PeriodStoch,i)];
StoRSI[i] = 100.0*((RSI[i] - LLV)/(HHV - LLV));
may be you tell us your understanding about how to use it? (few examples?)
Thank's
Hi, sorry for late reply, but it is hard for me to explain it in short words. I learn it from the author of DTOSC, Robert C. Miner, from his book, "High Probability Trading Strategy" Dynamic Traders - Home (i think). Specially with the DTOSC setting, he said there is no fix setting, as long we can see the high and low reversal on previous bar.
It is a classic strategy, Dual time frame, Fib and simple EW, but it is very great combination (for me). after I read it, it become simple, but to explain it would take more time.
Linear Mode
