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TOP 100 best indicators: post good indicators here

  • #281
  • Sep 5, 2018 3:13am Sep 5, 2018 3:13am
Quoting bloodpoodle
Generally people who use lots of indicators can't read price action.. Indicators can't tell you nothing you can't see the candles... Candles are the best indicator.. That doesn't mean candle patterns... It means the whole structure. of the market. Of course you have to have skill too.. by trading at least 10,000 hours to be any good. If your new.. I'd give up all indicators! seriously! People gonna hate me for sayin it too.. People who are unprofitable will argue all day about it.. Go ahead ... but I'll never come back to this thead to read or reply...
Thank you for your story, I find it very compelling. Interesting to see that you are fond of candle patterns (I assume wave and channel patterns). I'm equally enjoyed to inform you I"m also a pattern trader, like you. Since 2010 you are a forex trader correct? Which indicators do you suggest or which way of trading can we take to replace the indicators and follow in your footsteps, for the readers in this thread? We can learn a bunch and hope you can share us your way of analyzing the market.
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  • #282
  • Sep 5, 2018 3:54am Sep 5, 2018 3:54am
Quoting bloodpoodle
Generally people who use lots of indicators can't read price action.. Indicators can't tell you nothing you can't see the candles... Candles are the best indicator.. That doesn't mean candle patterns... It means the whole structure. of the market. Of course you have to have skill too.. by trading at least 10,000 hours to be any good. If your new.. I'd give up all indicators! seriously! People gonna hate me for sayin it too.. People who are unprofitable will argue all day about it.. Go ahead ... but I'll never come back to this thead to read or reply...
perfect and correct
people leave, but this thread will go on for ever
  • #283
  • Sep 5, 2018 6:07am Sep 5, 2018 6:07am
Quoting Aussi
{quote} perfect and correct
Thank you so much for your reply. Could you please tell how you tested the indicators that you dislike? I assume you considered the FS indicators?
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  • #284
  • Edited 8:09am Sep 5, 2018 6:56am | Edited 8:09am
Quoting michaellobry
{quote} Thank you! You argue simple mindset over advanced. Could you please elaborate? Currently I'm reading up on FD (frequency distribution). Who else is using FD in their trading? Attached is the Frequency Distribution indicator. More info: - https://www.investopedia.com/terms/f...stribution.asp - https://en.wikipedia.org/wiki/Frequency_distribution {file} {file} {file} {file} {image} {image} {image} {image} {image} {image}
Thanks for the idea Not exactly same as FD but on same principle.
edit: did a small fix.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_13.png Size: 207 KB
Attached File(s)
File Type: ex4 Freq.ex4   34 KB | 1,767 downloads
File Type: mq4 Freq.mq4   11 KB | 1,984 downloads
  • #285
  • Sep 5, 2018 5:37pm Sep 5, 2018 5:37pm
Thank you !
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  • #286
  • Sep 5, 2018 5:39pm Sep 5, 2018 5:39pm
The best indicators/Technical Analaysis:

  1. CCI. Don’t use MACD unless you can modify it smoothly, it is too lagging.
  2. TEMA (Triple Exponential Moving Average) and GMMA, they are more leading and recommend at least got 3 of them to get the trend.
  3. Stochastic Oscillator for short and long term.
  4. I use customised Bands rather than Bollinger Band, but Bollinger Band is OK too.
  5. Fibonacci Retracement (a super tool for all time)
  6. Japanese candlesticks (doji, tombstone, hangerman, morning star, shooting star, dragonfly and etc)
  7. ADX
  8. Ichimoku Kinyo Ho (a superb indicator to get you know the great resistance and support)
  9. Elliot Wave
  10. Alligator (a good replacement for TEMA when your platform doesn’t support TEMA)


Quoted from: https://www.quora.com/What-is-the-be...websites-blogs

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  • #287
  • Sep 5, 2018 10:12pm Sep 5, 2018 10:12pm
Attached the complete Xard system.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1hr chart.png Size: 153 KB
Click to Enlarge Name: 4hr_chart.png Size: 36 KB
Click to Enlarge Name: image_200202.png Size: 37 KB
Click to Enlarge Name: 1479895240.png Size: 75 KB
Click to Enlarge Name: XARDFX TRADING.png Size: 133 KB
Click to Enlarge Name: XARDFX-Supply-Demand-Trading-660x330.jpg Size: 56 KB
Attached File(s)
File Type: ex4 !!!-MT4 X-STOCH-01.ex4   35 KB | 2,802 downloads
File Type: mq4 !!!-MT4 X-STOCH-01.mq4   19 KB | 3,057 downloads
File Type: ex4 !!!-MT4 X-XARDFX TRADING.ex4   181 KB | 3,368 downloads
File Type: tpl !!!X-XARDFX TRADING with Background.tpl   46 KB | 2,616 downloads
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  • #288
  • Sep 6, 2018 12:39am Sep 6, 2018 12:39am
Nice BB band with arrows. Is it repainting?
Attached File(s)
File Type: ex4 BBands dots.ex4   19 KB | 1,741 downloads
File Type: mq4 BBands dots.mq4   5 KB | 2,052 downloads
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  • #289
  • Sep 6, 2018 1:23am Sep 6, 2018 1:23am
Hi michaellobry,

Your sourcing and selection skills are execellent. Can you please help me in collecting indicators for Android Mobile trader Mt4?

Mobile Meta Trader 4 is excellent for trading execution but analysis has to be done using other online mobile tools.

Because of limited computing resources, the full-fledged technical analysis is not possible on the tablet and mobile phone platforms.

If you want to use Expert Advisor or engage in automated or semi-automated trading, the Mobile platform is not appropriate for it.

Android Metatrader 4 offers a very limited number of built-in indicators and objects. Customs indicators developed at FF and elsewhere can't be used by Mobile Traders.

I am 70 and because of back problems, I depend upon the mobile MT4 platform for trading. I have to make the best use of it. So I am looking for help in adopting built-in objects like vertical lines, trendline, horizontal lines, Fibonacci Retracement, rectangle etc. to develop a setup for trading support and resistance.

It is clear that some kind of manual calculation is done and existing android mt4 objects are used to plot the lines and projections.

In such a case help is needed in identifying the free websites that provide the values which can be plotted by way of vertical, horizontal, trend lines and other objects available for use in the mobile platform

The focus is on the price action which requires the use of following objects which are available:

Trend lines
· to plot mainly in terms of time to see the direction and points where demand and supply is increasing or decreasing
Vertical Lines
· to measure the distance of price moves in terms of time
Horizontal Lines
· to draw boundaries, probable zones of demand and supply
· to draw projections of exhaustion points where demand and supply may be changing due to profit-taking happening
Pivot Lines
· to draw horizontal pivot lines as probable entry price levels
Fibonacci Retracement
· to draw horizontal lines to plan profit taking and reducing risks

FF member mkuefne has shown in the following link a method to do manual calculations and plot

(a) a Weekly. Fibo Pivot Point
(b) weekly Fibonacci lines

https://www.forexfactory.com/showthr...4#post11053034

Can any traders please show how to set up the following on the mobile platform using manual values and built-in indicators and objects?

Support and Resistance Lines
Projection of Average Daily/Weekly Ranges lines using Android MT4 objects and manual calculations. Can ATR be used instead?
Practice makes a person perfect
  • #290
  • Sep 6, 2018 3:04am Sep 6, 2018 3:04am
Hi All.
I'm testing" GVC Dashboard - Currency MeterV3 " EA. But i'm new for it. If anyone use this EA please help me for setting and what is the Best indicator

(I'm using "Dash v2.set") for this EA
  • #291
  • Sep 6, 2018 10:35pm Sep 6, 2018 10:35pm
You need to upload it, if you want traders to test it.
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  • #292
  • Sep 6, 2018 10:37pm Sep 6, 2018 10:37pm
I found a solution for the MT4 bug: if one clicks on top-right button named templates, then the bug lets it double click.

Solution:
1. click on button without release>choose then release
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  • #293
  • Sep 6, 2018 10:38pm Sep 6, 2018 10:38pm
Quoting simnz
Hi michaellobry, Your sourcing and selection skills are execellent. Can you please help me in collecting indicators for Android Mobile trader Mt4? Mobile Meta Trader 4 is excellent for trading execution but analysis has to be done using other online mobile tools. Because of limited computing resources, the full-fledged technical analysis is not possible on the tablet and mobile phone platforms. If you want to use Expert Advisor or engage in automated or semi-automated trading, the Mobile platform is not appropriate for it. Android Metatrader 4 offers...
Is there anyone who'd like to give a helping hand to this person?
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  • #294
  • Sep 7, 2018 12:57am Sep 7, 2018 12:57am
Which Moving Average is better than the 50 and 200 EMA? For the details, read the pdf and let the question pass the revue:
Does the 3.0 Moving Average come closer to price? Is it more precise? Are reversals more accurate? Does this give less lag?
Attached File(s)
File Type: pdf ma3.0.pdf   1.3 MB | 1,476 downloads
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  • #295
  • Sep 7, 2018 3:14am Sep 7, 2018 3:14am
Quoting michaellobry
You need to upload it, if you want traders to test it.
Pls check sir
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 621 KB
Attached File(s)
File Type: rar gvc dashboard.rar   173 KB | 2,516 downloads
  • #296
  • Sep 7, 2018 7:44pm Sep 7, 2018 7:44pm
Quoting sakisf
{quote} Thanks for the idea Not exactly same as FD but on same principle. edit: did a small fix. {image} {file} {file}
Again, thank you very much for sharing this indicator. This shows the numbers 2, 1.9 .... -1.9, -2. What does this scale represent? And does 2, represent 200% from current candle close to previous candle open over the last 1000 candles?

I see the numbers 50/20 20/0 0/20 20/40 40/60 60/80 80/100 100/120 120/140 140/160 180/200 200 and more.
Do these numbers represent fibonacci of a swing? Or does it represent the amount of fixed pips or relative percentage? If the latter, I assume that 200 (bottom on chart) is equal to '2' (top right on chart). Thank you very much for all the effort and I appreciate it a lot you have sharing it here. Looking forward to your wisdom.

Attached is the HMA indicator combined with Frequency.
Attached Image (click to enlarge)
Click to Enlarge Name: hma-trend-professional-mt4-screen-9031.png Size: 26 KB
Attached File(s)
File Type: zip FXV Neural Network - Hull Moving Average HMA.zip   1.3 MB | 5,262 downloads
File Type: mq4 hma - ogeima.mq4   3 KB | 3,140 downloads
File Type: mq4 HMA Histo (mtf + alerts + lines).mq4   19 KB | 3,426 downloads
File Type: ex4 HMA separate + bb stops alerts.ex4   53 KB | 2,934 downloads
File Type: mq4 HMA_v2.mq4   6 KB | 3,008 downloads
File Type: ex4 HMA_Color.ex4   13 KB | 2,541 downloads
File Type: mq4 HMA_Color.mq4   7 KB | 2,788 downloads
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  • #297
  • Sep 8, 2018 4:04am Sep 8, 2018 4:04am
Quoting michaellobry
{quote} Again, thank you very much for sharing this indicator. This shows the numbers 2, 1.9 .... -1.9, -2. What does this scale represent? And does 2, represent 200% from current candle close to previous candle open over the last 1000 candles? I see the numbers 50/20 20/0 0/20 20/40 40/60 60/80 80/100 100/120 120/140 140/160 180/200 200 and more. Do these numbers represent fibonacci of a swing? Or does it represent the amount of fixed pips or relative percentage? If the latter, I assume that 200 (bottom on chart) is equal to '2' (top right on chart)....
Numbers from -2 to 2 represent percentages (*100) relative to size and mid of previous bar. 0% of the fib lines is the mid of the previous bar. So if it says 22% in the text below 20/40 it means that previous closes for x periods (1000 by default) were between 0.2 - 0.4 in the fib right when the candle closed bullish. For a bull-bull candle if there are percentages in the -50/-20 and -20/0 that only refers to instances where previous bull candles gapped down.

So it counts the frequency / percentage of previous closes in a specific sections compared to the previous candle.

If you use the size filter, then it breaks down candle sizes to 5 equal sizes (0 to 1/5th of biggest candle, 1/5th to 2/5th of biggest candle etc) and only checks for the above percentages of closes if the size filter matches the previous candle (for example only counts percentage of closes if the previous candle was between 33.8 and 67.6 pips [1/5th to 2/5th pip range of real life EUR/USD 4hr]).

If a candle goes to the extremes (i.e. percentages below 8-10% (exceeding 40-60 or -40/-60 and closer to 200/-200) you could start looking for signals of small reversals to higher percentages (i.e. from 1.8/2.0 to 0.6/0.8) before further continuation in the original direction (so you can add in the retrace).
  • #298
  • Sep 8, 2018 4:34am Sep 8, 2018 4:34am
Quoting sakisf
{quote} Numbers from -2 to 2 represent percentages (*100) relative to size and mid of previous bar. 0% of the fib lines is the mid of the previous bar. So if it says 22% in the text below 20/40 it means that previous closes for x periods (1000 by default) were between 0.2 - 0.4 in the fib right when the candle closed bullish. For a bull-bull candle if there are percentages in the -50/-20 and -20/0 that only refers to instances where previous bull candles gapped down. So it counts the frequency / percentage of previous closes in a specific sections...
Thank you. It's clear now and I really appreciate it that you put in detail: the complete guide. Perfect! This is what we need.

In my next post I will attach a very interesting recursive indicator. As professionals know, the recursive rule is one of the market properties and therefore we can start looking for an edge (Goodman).
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  • #299
  • Sep 8, 2018 4:38am Sep 8, 2018 4:38am
"I love stochastics. I have a feeling that recursion turns the stochastics from a differentiator into sort of an adaptive bandpass filter for some mid-frequency cycles. I trade support/resistance so I use one stochastics for momentum (like DSS r-squared or TSS of zero-lag TEMA) and a recursive one for cycles (currently 5 times recursive EMA DSS but would like a recursive Hull DSS or TEMA DSS). The idea is to trade around S/R with slowing momentum and at a logical cyclic turning point." --> mntiwana

"It's more of an art that a science. In fact that's why I am looking for indicators to make it rule-based.
What I do is basically a mean-reversion scalping strategy on the 15 min timeframe.
- I use the recursive stochastics for a "cyclical" view - i.e. what was supposed to happen if price were cyclical. I assume there is a 20 bar cycle - William Bressert said so!
- I use the DSS r-squared for the actual momentum view - what actually is happening with orderflow.
When they agree - price has a chance to bounce from the S/R or supply and demand zone.
When they disagree - a new S/R or supply demand zone has a chance to form that will be a point of entry later when tested.
To identify S/R or S/D zones I look in the past - if cyclical stochastics said down but price went up then there are strong bids there so I can scalp the bounce or if price should break through - bids will flip to offers and support will become resistance.
I don't care much how I draw my S/R lines or S/D zones - don't think there is a "correct" way of doing so. I just use the closest round numbers to trade off.
Here is a pic from the recent euro price action." --> FS
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 51 KB
Click to Enlarge Name: Stochastics.png Size: 82 KB
Click to Enlarge Name: AUDUSDH1-recursmoothstoch.png Size: 45 KB
Attached File(s)
File Type: ex4 ocn nxc averages mtf + alerts + bands 1_1.ex4   204 KB | 2,055 downloads
File Type: mq4 Recursive smoothed stochastic mtf.mq4   22 KB | 2,274 downloads
File Type: mq4 Recursive smoothed stochastic.mq4   16 KB | 2,111 downloads
File Type: pdf Sloman-2.pdf   1.5 MB | 1,384 downloads
File Type: pdf Sloman-1.pdf   1.7 MB | 1,480 downloads
File Type: pdf Jim Sloman - Ocean Theory.pdf   4.0 MB | 1,772 downloads
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  • #300
  • Sep 8, 2018 4:47am Sep 8, 2018 4:47am
Advanced forex theory.
Attached File(s)
File Type: pdf Using Recurrent Neural Networks To Forecasting of Forex V.V.Kondratenko1.pdf   282 KB | 1,435 downloads
File Type: pdf Microstructure_Nov_Dec1991.pdf   4.1 MB | 1,906 downloads
File Type: pdf ASEANforeignMKT_formatM.S.Chien.pdf   1.1 MB | 1,430 downloads
File Type: pdf BPTX_2011_2_11230_0_322369_0_122033.pdf   1.5 MB | 1,826 downloads
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