Attach is the Custom Indicator that used to give an entry signal (buy & sell arrow) for primarily Index Futures (Kospi, Nikkei & Hangseng) with some brokers such as :
Monex Investindo Futures,
Welcome To Millennium Penata Futures. Eventhough it can be used also to identifiy trend for an entry and exit signal for Forex spot.
The problem is in sideways market they give many signal (arrow) so it won’t be profitable, also the signal mostly not apppear and change its previous place until I change the timeframe back and forth. If anybody can test, edit and improve those indicator so it will only identified the daily trend and eliminate the entry and exit signal in sideways market. The idea is just following the signal whether is buy or sell signal and at the right time (right at the trend reversal). Also if you can add a script to make a custom indicator so it can identified the opening gap for tomorrow market (as index futures always have a opening gap against yesterday closing market). Also, if anybody have a very good custom indicators / EA to identified trend market (in the forms of arrow signal buy & sell) especially for Index Futures market. Appreciate for your very immediate assistance. Please fix these until it's be very good to use to identify the trend.
Signal indicator improvement for Index Futures
Linear Mode
