Page 4 of 6 FirstFirst ... 2 3 4 5 6 LastLast
Results 31 to 40 of 57
Like Tree21Likes

AllAbsoluteStrengthTrend

This is a discussion on AllAbsoluteStrengthTrend within the Trading tools forums, part of the Trading Forum category; I think - this MACD with OsMA histogram multi timeframe indicator from this post may help with this AllAbsoluteStrengthTrend-AllPivots system ...

      
   
  1. #31
    Administrator newdigital's Avatar
    Join Date
    Feb 2013
    Posts
    10,473
    Blog Entries
    2910
    Follow newdigital On Twitter Add newdigital on Facebook Add newdigital on Google+ Add newdigital on MySpace
    Add newdigital on Linkedin
    I think - this MACD with OsMA histogram multi timeframe indicator from this post may help with this AllAbsoluteStrengthTrend-AllPivots system - just look at one profitable trade :

    AllAbsoluteStrengthTrend-usdcad-h4-alpari-nz-limited.png


    and for now - one losing trade :

    AllAbsoluteStrengthTrend-gbpusd-h4-alpari-nz-limited.png


    So, we can see the signal lines can be used in overbought/oversold way for this system:

    if signal lines are in overbought way on the time of price crossing pivot from above to below so this sell signal can be confirmed. Opposite for buy signal.

    if signal lines of MACD with OsMA histogram multi timeframe indicator are located below zero level and price is crossing pivot from above to below - this sell signal can not be confirmed (opposite for non-confirmed buy signal).

    This is example with confirmed sell signal :

    AllAbsoluteStrengthTrend-usdjpy-h4-alpari-nz-limited.png



    ===============

    Indicators and template to download - read this page
    Premium Trading Forum: subscription, public discussion and latest news
    Trading Forum wiki || MQL5 channel for the forum
    Trading blogs || My blog

  2. #32
    Administrator newdigital's Avatar
    Join Date
    Feb 2013
    Posts
    10,473
    Blog Entries
    2910
    Follow newdigital On Twitter Add newdigital on Facebook Add newdigital on Google+ Add newdigital on MySpace
    Add newdigital on Linkedin
    I know that it is not perfect way of filtering false signals because we are filtering some good signals too sorry ... but at least we increase some valid signals by ratio.

    May be - later - we can select some other indicator to filter false signal
    Premium Trading Forum: subscription, public discussion and latest news
    Trading Forum wiki || MQL5 channel for the forum
    Trading blogs || My blog

  3. #33
    Senior Member matfx's Avatar
    Join Date
    Sep 2013
    Location
    Malaysia
    Posts
    1,178
    Blog Entries
    114
    Follow matfx On Twitter
    ND i'm curious about GBPUSD H4 trade that you opened sell order. From what i see from your chart, the AllAbsoluteStrengthtrend should be turn to buy signal when you open sell order, right?

  4. #34
    Senior Member matfx's Avatar
    Join Date
    Sep 2013
    Location
    Malaysia
    Posts
    1,178
    Blog Entries
    114
    Follow matfx On Twitter
    By the way i follow your link to download the template, so that i can follow your settings. But the AllPivots indicator set to yearly. I attached here another template that matched your setting on H4.
    Attached Files Attached Files

  5. #35
    Administrator newdigital's Avatar
    Join Date
    Feb 2013
    Posts
    10,473
    Blog Entries
    2910
    Follow newdigital On Twitter Add newdigital on Facebook Add newdigital on Google+ Add newdigital on MySpace
    Add newdigital on Linkedin
    About GBPUSD - I did not followed the rules created by myself - AllAbsoluteStrengthtrend was not in red/coral color on the time of crossing pivot - you can see where I opened it :

    AllAbsoluteStrengthTrend-gbpusd-h4-alpari-nz-limited.png



    Because what is 'price-crossing-pivot'? This is reversal from bullish to bearish, and from bearish to bullish. So, simple "price crossing pivot" is not enough because it should be the confirmation from AllAbsoluteStrengthtrend indicator (by color), or some price action or pattern ... so - i did not follow the rules sorry.
    Premium Trading Forum: subscription, public discussion and latest news
    Trading Forum wiki || MQL5 channel for the forum
    Trading blogs || My blog

  6. #36
    Administrator newdigital's Avatar
    Join Date
    Feb 2013
    Posts
    10,473
    Blog Entries
    2910
    Follow newdigital On Twitter Add newdigital on Facebook Add newdigital on Google+ Add newdigital on MySpace
    Add newdigital on Linkedin
    Quote Originally Posted by matfx View Post
    By the way i follow your link to download the template, so that i can follow your settings. But the AllPivots indicator set to yearly. I attached here another template that matched your setting on H4.
    Yes, you are right - I am using MN for pivot indicator. I corrected this post with your template.
    Thanks.
    Premium Trading Forum: subscription, public discussion and latest news
    Trading Forum wiki || MQL5 channel for the forum
    Trading blogs || My blog

  7. #37
    Senior Member matfx's Avatar
    Join Date
    Sep 2013
    Location
    Malaysia
    Posts
    1,178
    Blog Entries
    114
    Follow matfx On Twitter
    Ok now i understand during the price cross the pivot line, AllAbsoluteStrengthtrend indicator not yet showing sign of sell. Anyway MACD OsMA indicator can be a good option to filter signal. Let's give it a few try.

  8. #38
    Junior Member
    Join Date
    Oct 2013
    Posts
    1
    Igorad,

    let me thank you for this indicator. I think it is really useful opposite to the thousands other ones out there.

  9. #39
    Junior Member
    Join Date
    Jun 2013
    Posts
    21
    Quote Originally Posted by igorad View Post
    Hi,

    Please take a look at the AllAbsoluteStrengthTrend_v1 indicator with advanced sound/email alerts. So now you can easy build the systems like ASCtrend or AbleTrend (default settings correspond to ASCTrend1).

    Code:
    //---- indicator parameters
    
    extern int     TimeFrame         =     0;    // TimeFrame in min
    extern int     MathMode          =     1;    // Math method: 0-RSI;1-Stoch;2-DMI;3-MACD 
    extern int     Price             =     0;    // Price = 0...10 (see List of Prices)
    extern int     Length            =     9;    // Period of evaluation
    extern int     PreSmooth         =     1;    // Period of PreSmoothing
    extern int     Smooth            =     1;    // Period of smoothing
    extern int     MA_Method         =     0;    // See list above
    extern int     LevelsMode        =     0;    // Levels Mode: 0-Standard OverBought/OverSold 
                                                 //              1-StdDev Bands
                                                 //              2-High/Low Channel
    extern double  StrengthLevel     =    70;    // Strength Level (ex.70)
    extern double  WeaknessLevel     =    30;    // Weakness Level (ex.30)
    extern int     LookBackPeriod    =    20;    // LookBack Period for LevelsMode=1,2 
    extern double  UpperMultiplier   =     1;    // Upper Band Multiplier for LevelsMode=1 
    extern double  LowerMultiplier   =     1;    // Lower Band Multiplier for LevelsMode=1 
    
    extern string  alerts            = "--- Alerts & Emails ---";
    extern int     AlertMode         =     0;
    extern int     SoundsNumber      =     5;    // Number of sounds after Signal
    extern int     SoundsPause       =     5;    // Pause in sec between sounds 
    extern string  UpSound           = "alert.wav";
    extern string  DnSound           = "alert2.wav";
    extern int     EmailMode         =     0;    // 0-on,1-off   
    extern int     EmailsNumber      =     1;    // 0-on,1-off

    Attachment 1640


    Regards,
    Igor
    Igor

    Is it possible for you to update this indicator for new build ?

    Thank You
    secretcode

  10. #40
    igorad
    Guest
    Quote Originally Posted by secretcode View Post
    Igor

    Is it possible for you to update this indicator for new build ?

    Thank You
    secretcode
    Hi secretcode,

    Please check out the updated AllAbsoluteStrengthTrend indicator for the new MT4.

    Regards,
    Igor
    secretcode and TCT like this.

Page 4 of 6 FirstFirst ... 2 3 4 5 6 LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •