thread: Strength breakout indior

Hello. Only posting a scalp I closed a few minutes past, to demone the indi may also indie fake points. A higher bull value in the last blue arrow didn't necessarily signify a buy. It all depends on the circumstance. At that stage the bar showed a long wick and was bouncing off the pivot and the prior congestion, although the tick volume was higher than previous ones too. The general trend is down to the matrix, so chances the arrow indied a fake signal were high. I entered and moved the stop to be after 10 pips. Cautiously the first stop was over the...

By looking at the calculation code it's obvious that the indior uses the future values for smoothing (averaging) bull and bear values, which works good with history information, but in actual time since there's absolutely no future information, the indior just uses the current value.... I stopped growth of the indior.

Hi. Just posting a scalp I shut a few min ago, to show that the indi could also mark fake points. A greater bull worth at the final blue arrow did not automatically mean a buy. It all depends on the circumstance. At that point the pub showed a very long wick and has been bouncing off the pivot as well as the prior congestion, while the tick volume was greater than previous ones too. The overall trend is down on the matrix, so opportunities the arrow marked a fake signal were large. I moved and entered the stop to be after 10 pips. Cautiously the first stop was over the surface of the congestion and that I might also have shut too early (my first target was 1:1), but that has been my 1st commerce of the afternoon and I'm more conservative.

Hello. I only found this additional version of this AbsoluteStrenght indior. It has different settings by default and also the alert seems to activate whenever there is a colour change. Among those choices is Alert on current, which can be enabled or not. I guess the indi which LITEchild posted might originate from this one and also the Alert on current alternative might be enabled by default. That might explain why the alert message keeps appearing on each valid bar following the trigger. The reason I am posting it's that the expectation that it might be somehow valuable to Mathtrader7 within his or her coding. I can only imagine how busy he needs to be, but if I am permitted to give him a small reminder... please, mate...
https://www.cliqforex.com/attachment...3369720477.mq4

quote just 1 Rush line is visible, did I overlook something? image

I honestly dont understand what could be liable for this difficulty dansunny-fx. It works for me.

Hi guys, bit of an ask I understand. Is it possible to code this fab indior for MT5 ? Could be excellent if it might.

Cheers, Baz

quote THIS IS THE NEW LOGIC I AM USING FOR FILTERING STRENGTH AND DIRECTION FOR DAILY TIMEFRAME ONLY INTRA-CYCLE BREAKOUT 1. BUY ARROW PRINTED ONLY ON STRENGTH BREAKOUT WITHIN THE GREEN COLOR CYCLE! 2. SELL ARROW PRINTED ONLY ON STRENGTH BREAKOUT WITHIN THE RED COLOR CYCLE! EMPHASIS: This logic only applies to the Daily Timeframe. In case MT7 can code this logic as a separate tool(arrow) That could display on the lower time frame to direct for daily TF management, which would be awesome! picture

This notion will probably be great.Thank you Litechild MT7

quote Default Configurations. document

just 1 pivot line is visible, did I overlook something?

quote I am not sure what you mean. Isnt' that what's happening already? Newest alert of list on top? I'm no coder however, by having handled so many indiors previously, I am sure the reiterating alert might easily be suppressed. All things considered, this just requires precisely the same condition since the arrow i.e. to look only when the trigger condition is met.

I'm not sure how the alerts are generated but that I only had several trigger 30m and the surface of the record was AUDUSD arrow was 5 candles back and also the second USDCHF 1 candle the third was AUDCHY plus it was 3 candles back the fourth EURGBP 9 so it appears pretty random to me . .

I had to watch it for awhile as sometimes it seemed to be the funniest at the very top and sometimes not . . Nonetheless, it's absolutely not consistent.

If it were would make it much easier to reverse to that chart/s

That could be a petition I have if you are likely to re-code it. To post order so that the latest was at the top and maybe an choice to select the number of alerts to recent on a arrow creation

AND I too appreciate all the effort up to now!

quote Thanks for the detailed explanation 4fx. The first thing that jumps out to me is the fact that these appear to be rather a lot of pairs to see on a 5min chart for intra-day scalping. A way to filter down into the higher probability trades may help. But in any case I really do realize that distinct styles suit various traders, so this might still work nicely for you. Fantastic luck.

You are right about quantity, but consider I do not take all the trades of course, just one at a time and when one is moving I might have a second one. As soon as we receive the new indi by MT7 it would be fantastic to look only for real signs and act accordingly without being diverted by late repeated signs. It seems more complied than it is, believe me, if one's organised together with the matrix at the background.
My trades so far:
This was a late brief and that I exited in the daily open.


Just closed this one to get a very small gain. The daily pivot is in the way, CAD nevertheless seemed strong for a while but JPY was getting strong too so I decided to let it all go.

quote Document

Thanks Alot