I have coded various indicators recently and in the process I have come up with some interesting ideas regarding how to increase the probability of your trend trades. A friend of mine is big on relative strength so I coded a few indicators for him and then it struck me to code an indicator that would tell you when the higher timeframes were all trending in the same direction. In the last few days I have come up with a set of indicators that tells you both in one place.
I have attached screenshots of the dashboad indicator and also a chart with the other indicator on. You will notice I have my trailing stop ea attached which is available on my other threads. Also I have a money management indicator which tells me the lot size to use to risk a certain percentage over a certain number of pips. That is available on forex factory too.
I have attached screenshots of the dashboad indicator and also a chart with the other indicator on. You will notice I have my trailing stop ea attached which is available on my other threads. Also I have a money management indicator which tells me the lot size to use to risk a certain percentage over a certain number of pips. That is available on forex factory too.