myCandle-Infos-V1.2

myCandle-Infos-V1.2

This is an updated version of myCandle-Infos
All Details now in the blue Info-Bubble.

I use this indicator as visual information about other indicators for intraday trading.
You can see the other indicators in the image “candle_with_indis”.
It gives me mor space for the chart!!!

For me the best configuration is:
I set all checkboxes of “myCandle-Infos-V1.2” on true.
And under the chart i displayed the indicator for 1h, 4h, 1D from  Nicolas  Heikin Ashi of higher timeframes (hourly TF)
Look on the image “candle_with_HA-highTF”.
And the BB (Bollinger Bands with 20,2 Standard), NOT EMA.
As a supplement I show the VWAP.

Also very good information gives the OBV with BB20[ExponentialAverage] (see “candle_with_indis”), but it is includet in “myCandle-Infos-V1.2

And last but not Opening Range  Good combination for starting in the day oder US start. Displayed also the Close on fixed time. Update comes soon.

This are the Checkboxes and function of “myCandle-Infos-V1.2”:
Info: Shows the range of previous candle, ATR 10 and EMA 20 of ATR10.
If ATR is greater than its average, the text will be displayed in orange =Better moves

Arrows: Shows Arrows in green and red color. When the Price Trend (calculation in code) over EMA20 and OBV (On Balance Volume) over EMA10 and EMA20 displayed green Arrow and revers. Depends on “Trendforce” and / or “OBVforce” activation checkbox.

Daytrend: Close over Centerline Intraday Range displayed green Dot and Text “over” and revers red Dot with Text “under”. The idea is when the price is over the middle intraday range then we have at the moment intraday a Bulltrend and revers.

Centerline: Show the middle of the range between Intraday high and low as a dotted line.

High/LowIntraday: Show the intraday highest high and lowest low as line. High as red dotted line like a resist and low as green dotted line like a support.

HighLow: Show the daily highest high and lowest low beginning on yesterday.

Trendforce: Trend strength is used to calculate the arrows. For this, “Arrows” must be also activated. Or also with “OBVforce”.

OBVforce: Volumen strength, based on OBV, is used to calculate the arrows. For this, “Arrows” must be also activated. Or also with “Trendforce”.
Example. You can deactivate for instrument whitout OBV/Volume Data. Forex, etc.

I hope you enjoy and have good successful trades.

The images “candle-info6-7-8” shows a example of real money trading with this combination.

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Risk disclosure:

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 : How to import ITF files into ProRealTime platform?

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  1. Juanjo • 109 days ago #

    Hola,
    Me parece muy interesante la estrategia que presentas,
    Podemos ponernos en contacto ?

    • Nicolas • 109 days ago #

      Las discusiones en los foros beneficiarían a la comunidad, supongo. Gracias.

    • Thomas • 108 days ago #

      Hola juanjo ¿Qué instestidad tienes? ¿Cómo puedo ayudarte? ¿Podemos escribir en inglés?

  2. Juanjo • 106 days ago #

    Hola, ..soy de España tu también no?…Me ha parecido buena la idea de trading del indicador, pero no llego a comprenderla. El sistema parece obeder a un sistema de ruptura de expansion basado en el ATR, muy similar a la idea de trading de Jeff Cooper, pero la parte del OBV y fuerza de la tendencia no llego a entenderla.

    • Juanjo • 106 days ago #

      Hola, ..soy de España tu también no? Me ha parecido buena idea de trading del indicador, pero no llego a comprenderla. El sistema parece ser un sistema de ruptura de expansión basado en el ATR, muy similar a la idea de comercio de Jeff Cooper, pero la parte de la fuerza de la tendencia no llega a un sentido.

    • Thomas • 106 days ago #

      OBV con bandas de Bollinger me muestra el desarrollo del volumen relativo. La tendencia solo es interesante si el volumen también es compatible con la tendencia.
      La fuerza de la tendencia es una relación de caída y aumento de los precios. Si hay más precios al alza que precios a la baja, espero un futuro aumento en los precios.
      Ambos apoyan mi evaluación de la calificación de la tabla.
      Así como las otras opciones. Intento cambiar la tendencia diaria. Pero al final es nuestra experiencia 😉
      Puede activar o desactivar ambas opciones (OBVforce y Trendforce). O apagar completamente con “Flechas”.

      Soy una alemana que vive en Marbella.
      Traduje esta traducción del alemán al español con Google. Un saludo

    • Thomas • 106 days ago #

      …soy UN aleman No alemanA 🙂

  3. Juanjo • 106 days ago #

    Muchas gracias por la explicación, muy interesante.

  4. vandenacker • 99 days ago #

    THANKS A A LOT FOR SHARING. I like your trade. I try to remproduce your board but i dont arrive to put ATR10 with EMA20 under my charte on PRT. Can i have some help ?
    thanks by advance

  5. umebon • 99 days ago #

    Tnx for sharing!! Can someone help me how i can call for the mydayhigh and mydaylow for to use as an indicator in my trading system? Is it the CALL function that i use?

  6. LucioleLucide • 82 days ago #

    Clean view, thanks for sharing

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