add alerts and arrows

emmany4
first thing it is no easy. second thing that is repainted indicator and my 4 years experience say that never tread with repainted indicator. so forget about it and after all this any guru or master help u its ur luck best of luck

Originally Posted by emmany4

Hello great guy's of this forum, please i need your help to adjust the alert of this indicator. when the arrows of this indicator shows up, i want it to alert only on the FIRST arrow in a BUY direction even if several other arrows show up and should only alert again on the FIRST arrow of a SELL direction and vice-versa.

Thanks in advance

Hi emmany4,

This Sidus-5 indicator looks very similar to the Delta Trend indicator which I coded for you.

Regards,
Igor

Yes Igorad, the delta trend has been adjusted to show first signal only but upon testing i found out that this one reacts faster and better because it shows all it's signal. I will be grateful if you can adjust it as per my request.
Thanks in advance.

Originally Posted by igorad

Hi emmany4,

This Sidus-5 indicator looks similar to the Delta Trend indicator which I coded for you.

Regards,
Igor

Hello Guy's, please help to add pop up alerts to this indicator when the arrow shows up on the first signal in a particular buy/sell direction and if possible if it can be made to work in time frame beyond 5 mins.

Thanks in advance

hello every one
i have one question in my mind i read so many thread.but yet not clarity about volume in forex i want to know that is that possible to trade with 30000 lot in eurusd ???
please give me adequate information because i study in finance mba so please give me right information i predetermined some for my career thanks

Originally Posted by lion of gail

hello every one
i have one question in my mind i read so many thread.but yet not clarity about volume in forex i want to know that is that possible to trade with 30000 lot in eurusd ???
please give me adequate information because i study in finance mba so please give me right information i predetermined some for my career thanks

Yes, You Can Trade Forex on Volume

For a currency to be traded and for its price to move from one level to another, volume is required. Or put another way, volume is the gas in the tank of the trading machine. However, volume has often been overlooked in the study of forex charts. The focus has been more on price action alone.

Why Is Volume Important to Understand?

Volume is required to move a market, but it’s a particular type of volume that really matters: institutional money, or “smart money,” which is large amounts of money being traded in a similar way, thus affecting the market greatly.

Only volume shows when price is being affected by this type of activity. Knowing how institutional money operates, we are able to track those traders and trade along with them, so that we’re swimming along with the proverbial sharks rather than being their next meal.

Is Forex Volume Reliable?

There is a common misconception that volume cannot be used reliably in forex trading for two reasons: first, there is no central exchange, and therefore, no official volume data. Second, when you’re looking at volume data on your forex platform, you’re actually seeing “tick volume,” and not actual volume traded, such as the volume with a stock chart.

“Tick volume” measures the number of times the price ticks up and down. This is an excellent indicator of the strength of activity in any given bar. But also, the correlation between tick volume and actual volume traded is incredibly high.

In 2011, Caspar Marney, head of Marney Capital and ex-UBS and HSBC trader, conducted an analysis of actual volume and tick volume in forex. He used data from eSignal, EBS, and Hotspot. For the pairs he studied, he calculated the correlation between tick volume and actual volume is over 90%.

So the question is, how do we go about tying in volume with price action?

The study of volume with price started in the early 1900s with a trader by the name of Richard Wyckoff. His research, then known as Wyckoff Analysis, developed into what is known today as Volume Spread Analysis (or “VSA” for short).

Not all VSA traders or techniques are the same. Some are incredibly software driven and complex, whereas I like to keep it simple.
This simpler approach yields results. Experientially speaking, a success rate of 75% and more is not uncommon with very few consecutive losses.

A simpler approach is reflected in the charts. We have price candles, volume bars, and…that’s it! We use the 50% and 61.8% Fibonacci lines and simple support/resistance to help pin entries, but nothing more.

To summarize:

1. Institutional money, or “smart money,” is necessary to move a market and is revealed in the volume bars
2. Forex tick volume can be read as an accurate indicator of institutional (smart money) strength
3. VSA, when it’s kept simple, can be applied (and taught) more easily with win rates of 75% and more

Pls, great coder's in the house. Kindly help to add alerts to this indicator and also help to adjust so that i can be able to reduce the bar history.

Thanks in advance.

good day to all
can someone add sounds and email alert to this indicator,
tq

Sir,
Anyone please in my Request
i attached mt4 indicator.i want add alert and mail alert in this indicator please.

Hello Igorad, pls can you help to clean up this indicator to only alert when an arrow shows up and also to have option of alert on current bar/closed bar.

Thanks in advance.