AllAbsoluteStrengthTrend

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 :

Just experimenting ...

==========

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

Originally Posted by newdigital

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 (attached)

If you install those 2 indicators, compile them, instal template - you will get the charts similar with this one :

Just experimenting ...

==========

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

And this is template for H4 timeframe (attached)

This is example of the first trade (H4 timeframe) :

This is next trade :

This is updated situation with this system (H4 timeframe) :

Igor,
When i changed indicator parameter to TimeFrame = 240; at M5 this happens.

I have this image with tf 240 on M5 :

This is multi timeframe situation