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Hi
I trade a breakout system. I use the attached indicator as a means of trend identification, & to reduce chart clutter.
The problem is - its far too sensitive.
I'm not a coder, although I'm trying, & I've managed to 'Blot' out the parts I don't need; at least I think I have. I hope I've only left the MA part of the indicator.
But I would really like to add the 'Parabolic Sar' I've tried, but its beyond me.
Could someone have a go at adding it for me?
Thanks
Ferrufx's indicator is at 95% or above in the direction of the trading. All the lights on the signal bar are the same (lime green; buy) and (red; sell). On pairs with small spreads. You get 5-10 pips profit.
Here's another example. The strong trend signal for USDCHF first came at 11:05:23 Central Standard Time. Which is 5 hours behind my interbankfx broker time of 16:05:23. At 16:05:23GMT, you see price at about 1.0925. The picture show price trucking up to 1.0962, but price peaked at about 1.0977 after this post. Making for a nice 50+ pips. The alert above also showed a strong trend on EURUSD starting at 16:05GMT for a 60+pip move. And a strong trend on USDJPY starting at 16:05GMT for a 20pip move. Sweet!
Linear Mode
