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Suggestion I will make a Free EA with your Indicator

hassn said:
yes....its good...Ok..try it brother.... , the way it shows signals...when power get +5...it will produce the very first Lime signal for buy...and when it goes -5 ...it will prduce the very first red signal for that particular currency....and here the robot will open the order...i played lot with this indicator...its incredible indicator i ever used...accuracy is very high...it only requires much time to give signals...so only robots can do that....Lot of thanks if any robot can be made..it will solve lot of problems for us...and we can use Multi currencies as well for trading... , we can also change the periods for our currencies strength...have a great days :)
Click to expand...
Thank you guys
Please explain , when the Bars are +5 its a buy signal and when they are -5 its a sell signal?
 
0725601103 said:
Thank you guys
Please explain , when the Bars are +5 its a buy signal and when they are -5 its a sell signal?
Click to expand...

Or I just look at the numbers below the Bar, and I agree this is a very good indicator , i just took 1 trade on my demo , looking at the numbers
 
0725601103 said:
Or I just look at the numbers below the Bar, and I agree this is a very good indicator , i just took 1 trade on my demo , looking at the numbers
Click to expand...
the more the power the more the trend is strong...just like....if its on for the very first time +5 and -5 for any particular currency.then it means that is a New trend....and if it goes to +6 and so on to 10 maximum...so that is a more n more powerful trend...that happens usually in high volatility....so you will see there will be less movements in powers for 4 hour or 1 hour .... but more in 5 min and 15...so you can use 5 min or 15 for scalping...and for long term, off course higher times frames are better...as far as me...i look for the New trend mostly just like reversal strategy...i lose also....but losing ratio is much less then the winning..just like i win 7 or 8 trades out of 10 in whole of month...if you get arrows with indicating power numbers then its more reliable trading...usually up to 100 percent winning ratio, but that type of signals are very very rare..And Grey Color means the Trend in Sideways (uncertainty)...Try to Catch the trend on the very first +5 and -5....and on the second cycle is also good...but not for the trend which is already strong for many hours ago...it will be too late if you see the particular currency coming again n again on +5 and -5...there will be confusion to make the decision.
 
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Today...it gave Lot of signals...Even One Signals didnt go Wrong...i did scalping all day...though i kept a bit bigger SL...though 10 pips was enough for each trade....just Won GBPAUD and NZDUSD, i followed 15 min TF all day.
2wempa1.jpg
 
Today Was Friday....it gave Lot of Signals...i just wanna show you guys that how this indicator can make fortune for us...im attaching the charts of the pairs on which i even dont trade but still very accurate...GBPNZD,GBPAUD and EURAUD...appeard some on 5 min ...and some on 15 min too
126fecw.jpg

24l7vvs.jpg

2myrg2u.jpg

2j2b0gg.jpg
 
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It's going to be more complicated, because I usually follow the colors of the buffers and this indicator only has 1 white ...
I'm thinking about how I can do it. :ok:
 
winidecorw said:
It's going to be more complicated, because I usually follow the colors of the buffers and this indicator only has 1 white ...
I'm thinking about how I can do it. :ok:
Click to expand...
if it helps - https://www.mql5.com/en/code/17496

if(MathAbs(usd-jpy)>diff_val)
{
if((usd-jpy)>0)
{
Trade("Buy",prefix+"USDJPY"+postfix);
}
if((usd-jpy)<0)
{
Trade("Sell",prefix+"USDJPY"+postfix);
}
}

if somehow the EA catches the values from the indicator i.e
+5 buy -5 sell ,can be done .just an idea.
 
winidecorw said:
Ok

This is what the EA does:

When the red point of Leledc-ExhaustionBar1 appears, and vertex is high in blue, that is, it is reaching the point of return, SELL

When the lime point of Leledc-ExhaustionBar1 appears, and vertex is high in red, that is, it is reaching the point of return, CLOSE SELL AND OPEN BUY ORDER

This Test is done in M15, with SL 0 and TP 0, 0.2 lot
You can put whatever you want.
Please, take a test in several currencies, and put them here.
Or better, I create a new topic for this EA, since it seems that it could go well.

EURUSD
View attachment 38353
Click to expand...
Please bring trailing and auto lot for this ea... Bro... Thanks
winidecorw said:
Ok

This is what the EA does:

When the red point of Leledc-ExhaustionBar1 appears, and vertex is high in blue, that is, it is reaching the point of return, SELL

When the lime point of Leledc-ExhaustionBar1 appears, and vertex is high in red, that is, it is reaching the point of return, CLOSE SELL AND OPEN BUY ORDER

This Test is done in M15, with SL 0 and TP 0, 0.2 lot
You can put whatever you want.
Please, take a test in several currencies, and put them here.
Or better, I create a new topic for this EA, since it seems that it could go well.

EURUSD
View attachment 38353
Click to expand...
 
Eligio said:
Hi, this is a very useful indicator in discretionary trading, but I'd like to make it algorithmic. It is an RSI to which a TMA channel has been added and I have programmed the color exchange on the median line. I'll explain the strategy: when the RSI breaks the first north band, you enter short, if it were to break the outer one, you can double the size. The same is true if it breaks the sun bands but in this case we enter long. If after breaking once the break again, you enter with another position. The output of all the short positions will be in the color exchange from red to green. The output of all the long positions will have the color change from green to red. When the RSI does not cross the first band, you do not enter. I know, it's a bit difficult to make this EA, but I'm sure it's worth it. Greetings.
Click to expand...
Hi Eligio

Good system!

Still this EA is not exactly, as you said.
But still, the results look good!

Now the EA do this:

Close short and Buy operation, when the RSI line is green and the blue line crosses the south line upwards. (The dotted lines)
Close long operation and Shell, when the RSI line is red and the blue line crosses the north line downwards.

I'm going to create another thread, to get more versions of this EA and improve it, since almost the first gives good results. ;)

Test in H1
The first trades are bad becose, the lines of indicator load later, I have to fine-tune this EA
StrategyTester H1.gif
 

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