Delphic-TP Combo1.0 is a trading system built on 2 different indicators:
- Delphic 1.0 , based on the famous Delphic Strategy
- TPIndicator1.0 based on a smoothed version of RSI
The 2 indicators are combined in Delphic-TP Combo1.o for the signal indication on separated panel usable also for trading robot and Delphic-TP Combo(Panel)1.0 to draw arrow on the graph.
Also a screener was made using the same indicators.
A trading robot will be added soon.
I have tested the Delphic Combo for over 6 months with a very high level of satisfaction so, i decided to share the system.
The parameters used are the standard in the source and are valid for daily timeframe. For other timeframe is necessary some experimentation.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 |
//************************************************************************************* //* * //* Indicator: Delphic Phenomenon 1.0 + TP Indicator Author: Alessandro Furlani * //* Filename : Delphic-TP Combo * //* * //* Note: This indicator is the combo between Delphic1.0 indicator and TPIndicator1.0* //* This create a very powerful and precise system to detect long and short * //* phases and indicate the point to enter to the market. * //* The parameters are only two a SMAFast and a SMASLow * //* The value tested for daily timeframe are the one indicated in the vari9able* //* section. Other setup are possible but need to be tested * //* This indicator must be used on a separate panel and provide signals for a * //* trading robot * //************************************************************************************* //DEFPARAM DrawOnLastBarOnly = true SMAFast=average[PeriodSMAFast](TotalPrice) SMASlow=average[PeriodSMASlow](TotalPrice) miRSI = RSI[PeriodSMASlow](TotalPrice) iRSISmoothed=(Average[PeriodSMAFast,MAType](miRSI))-50 once CLong=0 once CShort=0 //Conditions to signal Long if CLong=0 and SMAFast crosses over SMASlow and totalprice>SMAFast then CLong=1 C1Bar=BarIndex endif if Clong=1 and SMAFast>SMASlow and low<SMAFast and BarIndex>C1Bar and C1Bar<>0 then CLong=CLong+10 C2Bar=BarIndex endif if Clong=11 and SMAFast>SMASlow and close>SMAFast and BarIndex>C2Bar and C2Bar<>0 then CLong=CLong+100 endif if SMAFast crosses under SMASlow then CLong=0 endif //Conditions to signal Short if CShort=0 and SMAFast crosses under SMASlow and totalprice<SMAFast then CShort=1 C1Bar=BarIndex endif if CShort=1 and SMAFast<SMASlow and High>SMAFast and BarIndex>C1Bar and C1Bar<>0 then CShort=CShort+10 C2Bar=BarIndex endif if CShort =11 and SMAFast<SMASlow and close<SMAFast and BarIndex>C2Bar and C2Bar<>0 then CShort=CShort+100 endif if SMAFast crosses over SMASlow then CShort=0 endif //Build the Signal if CLong=111 and iRSISmoothed>0 then Signal=1 elsif CShort=111 and iRSISmoothed<0 then Signal=-1 elsif CLong=0 or CShort=0 then Signal=0 endif Zeroline=0 return Signal, zeroline |
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 |
//************************************************************************************* //* * //* Indicator: Delphic Phenomenon 1.0 + TP Indicator Author: Alessandro Furlani * //* Filename : Delphic-TP Combo(Panel)1.0 mail: alex.furlani@gmail.com * //* * //* Note: This indicator works in tandem with Delphic-TP Combo and provide only the * //* visual indication through arrows, of the signal * //* This indicator must be used on a Graph and doesn't provide signals for a * //* trading robot * //************************************************************************************* Signal, dumb1=CALL "Delphic-TP Combo1.0" [PeriodSMAFast,PeriodSMASlow,0] //Build the arrow rge = averagetruerange[10](Close) if Arrow<>1 then if Signal=1 then Arrow=1 drawarrowup (barindex[0],low[0]-rge[0]/2)coloured("Cyan") endif endif if Arrow<>-1 then if Signal=-1 then Arrow=-1 drawarrowdown (barindex[0],high[0]+rge[0]/2)coloured("Yellow") endif endif if Signal=0 then Arrow=0 endif return Arrow as "Signal" |
The indicator Delphic-TO Combo1.0 must be run in a separate panel.
The indicator Delphic-TO Combo(Chart)1.0 must be run on the graph
Share this
No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.
ProRealTime ITF files and other attachments :
PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials
I want to add the setup for Spot Gold and Spot Silver with 1H timeframe.
Spot Gold 1H
PeriodSMAFast=5
PeriodSMASlow=16
MAType=0
Spot Silver 1H
PeriodSMAFast=18
PeriodSMASlow=30
MAType=0