Forex indicator gives signals for buying and selling
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Uploaded: 03.04.2008
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The indicator gives signals for buying and selling.
Differences of the new version:
1) the conditions for most combinations were simplified, accordingly, more signals appeared;
2) added filtering on the trend;
3) added the ability to limit the number of countable bars (so as not to clutter up the entire schedule leaving only the current part);
4) codes of several new combinations of candles were added.
Properties of the indicator:
ExPeriod - the number of bars that will be used to filter the trend;
TrendFilter - turns on / off the filter;
how_bars - the number of bars on which the miscalculation will take place (with a value of 0 - at all).
When asked why almost all combinations are written as bullish and bearish absorption, I give the following answer: these are the most common combinations, and there is no mistake here.
Differences of the new version:
1) the conditions for most combinations were simplified, accordingly, more signals appeared;
2) added filtering on the trend;
3) added the ability to limit the number of countable bars (so as not to clutter up the entire schedule leaving only the current part);
4) codes of several new combinations of candles were added.
Properties of the indicator:
ExPeriod - the number of bars that will be used to filter the trend;
TrendFilter - turns on / off the filter;
how_bars - the number of bars on which the miscalculation will take place (with a value of 0 - at all).
When asked why almost all combinations are written as bullish and bearish absorption, I give the following answer: these are the most common combinations, and there is no mistake here.
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