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Indicator development - Possible Project?
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Author:  maroonxy [ Mon Mar 21, 2022 8:31 pm ]
Post subject:  Indicator development - Possible Project?
Hi all,

Great community everyone.

I was hoping the Steve Hopwood community could jointly develop my indicator to improve it's performance.
I had the indicator made for me which provides interesting signals.

I have attached the indicator which doesn't redraw, change or repaint in anyway. Can be used on an TF and any asset.

Please adjust the settings as follows:
TF 1M/5M
Fast 568
Slow 21
RSI 2

TF 5M
Fast 79
Slow 2
RSI 2

I have other settings that are also interesting. Above settings are to show an example of the signals the indicator produces. As you can see, it picks up many of the intraday ranges, but fails on intraday trends.

If possible, it would be fantastic if someone could help to include: when price moves in the wrong direction to arrow, print new reverse arrow after X pips.

I do have a further suggestion for increasing the winning intraday trend trades, but think this may be for an EA, if not included in this indicator.

All the best!
Author:  Prasev [ Thu Jun 30, 2022 2:38 am ]
Post subject:  Indicator development - Possible Project?
Version 2.1. Paints sell arrow when price hits buy arrow and vice versa. Please share your method.
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