VoltyChannel_Stop

Originally Posted by thor68

Thanks Igor:
Can you tell me the logic used for the additional trend characteristics from 2 to 4 different colors that you added?

Can this be added to the non'Histro version as well?

Hi thor68,

Please check out the updated VoltyChannel_Stop indicator with an ability to plot the color bars.





Regards,
Igor

Originally Posted by vsreeram77

Dear Igor,

Is there any filter to avoid false entries

when i applied to charts, sometimes, it is giving losses continuously, i tried RSI,MACD,CCI and some other indicators with different settings.. none of them worked out, can you help any trend indicator which can reduce some losses

You can try any histogram indicator as a filter, for example -
IchimokuSystem_v1.4 600+ from this post, or AdaptiveParabolic Histo_v2.1 from this post, or GannHiLo-Histo 600+ from this post, or XO - mtf indicator from this post, or some others ...

Originally Posted by newdigital

You can try any histogram indicator as a filter, for example -
IchimokuSystem_v1.4 600+ from this post, or AdaptiveParabolic Histo_v2.1 from this post, or GannHiLo-Histo 600+ from this post, or XO - mtf indicator from this post, or some others ...

+ any high period MA. I like SMA, for example.

Originally Posted by Pulse

+ any high period MA. I like SMA, for example.

Yes, 100-period SMA or 200-period SMA (above SMA is for bullish, below for bearish orders).

Hi,

Please check out the updated VoltyChannel_Stop indicator with the new sets of MAs and prices.




Regards,
Igor

Thanks Igor... Request to help with MT5 version...


Regards,
Jag

Originally Posted by igorad

Hi,

Please check out the updated VoltyChannel_Stop indicator with the new sets of MAs and prices.




Regards,
Igor

Premium section new -

VoltyChannel_Stop_v6_8 indicator for MT5 is on this post. This is updated indicator for using the new set of MAs.

Originally Posted by vsreeram77

i tested , many choppy sessions, bringing entries, which eats money

any tools which i used not giving any positive feedback, any supporting tools is possible to filter entries ?

Look at this post #1366