hello every one any one have indicator which help me to identify tread direction
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hello every one any one have indicator which help me to identify tread direction
You can use standard Ichimoku indicator, or Adaptive Laguerre RSI from here (on overbought/oversold way). Fisher Transform is also good but I am not using it sorry.
why zigzag signal? Ichimoku is good indicator - above the cloud is bullish/uptrend in general, and below the cloud is bearish (downtrend in general). It is also depends on timeframe of course.
or use standard MACD - it is same but you will get the signals for buy and sell on the same time.
or use SMA with period 200 - same case as with Ichimoku (above ... below ...), if timeframe is M30 and smaller so you can use SMA 50 for example ...
There are a lot of indicators or systems which can predict or estimate the trend. But no one of them are perfect sorry.
I did not understand ... are you talking about repainting? if not so ... you are talking about some market condition ...
you know ... there are some analytics (and traders) who are looking for top and bottom. But I am sorry - top and bottom do not exist for traders ... which is totally wrong theory (theory about top/bottom). Top/Bottom is mostly related to stocks but in this case - this is wrong theory too ...
No any perfect indicator for buy and sell. So, we can use some combination of the indicators to avoid lossing.
In your case - you will need some 3rd (more/additional) indicator to tell to you about: buy accepted, or sell is accepted. You need trend indicator.
may be - I will create the thread here about Trend indicators?
Hi,
Please take a look at the SwamiCCI indicator with ability to plot in the trend mode if the parameter VisualMode = 1.
Attachment 2391Code:extern int VisualMode = 0; //0-original,1-trend extern int Price = 5; //Applied Price(0-Close;1-Open;2-High;3-Low;4-Median;5-Typical;6-Weighted) extern int StartLength = 12; //CCI Start Period extern int EndLength = 48; //CCI End Period extern int SampleLength = 12; //Sample CCI Period(0-off) extern double CCIrange = 100; //CCI range(ex.100 or 200) extern int Smooth = 5; //Smoothing Period extern color UpTrendColor = Lime; //UpTrend Color extern color DnTrendColor = Red; //DownTrend Color extern color FlatColor = Yellow; //Flat Color (if NONE-2 Color Mix) extern string UniqueName = "CCI"; // extern int ScaleMode = 1; //0-J.Ehlers,1-0...100 extern int SwamiBars = 100;
Regards,
Igor
thanks
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