Thanks Newdigital~
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Thanks Newdigital~
This indicator really good. Thanks Igor for sharing it.
I am thinking to try some system with this indicator ...
- Timeframe: D1
- AllAbsoluteStrengthTrend_v1 indicator (download it from the first post of this thread)
- AllPivots_v3.7 indicator from this post
- Template (please download from this post)
If you install those 2 indicators, compile them, instal template - you will get the charts similar with this one :
Attachment 2973
Attachment 2971
Just experimenting ...
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The rules may be simple one: everything above main pivot line is buy zone; below main pivot line is sell zone (for confirmation of sell trades); trading the dots of AllAbsoluteStrengthTrend_v1 indicator
It will be profitable but the problem is the following: it will be few trades in a month only ...
It may be good to have EA for this idea for example :)
And this is template for H4 timeframe (attached)
Attachment 2978
Attachment 2976
This is example of the first trade (H4 timeframe) :
Attachment 2979
This is next trade :
Attachment 2987
This is updated situation with this system (H4 timeframe) :
Attachment 3063
Attachment 3062
Attachment 3064
Igor,
When i changed indicator parameter to TimeFrame = 240; at M5 this happens.
Attachment 3066
I have this image with tf 240 on M5 :
Attachment 3067
This is multi timeframe situation