Triple Function Indicator

Triple Function Indicator

TripleFunctionIndicator (TFI) is meant to be a daytrading system that give good results on a 10 minutes graphic. Especially its a combination of three 3 Indicators namely the SMI The CCI and the RSI indicator. As you can see on the graphic,, even on an overbought situation, given by DemarkIndicator  it do work. The classic limits for each indicator are repected.

For SMI  +40 and -40

For CCI  +100 and -100

For RSI  70 and 30.

Finally each Indicator give 3 results if there is a condition fullfilled or not and none of the two.

The total result is calculated and as only 3 possibilities  namely +3 ;+1 ; -1 and -3.

Share this

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?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Souhail Sam • 15 days ago #

    I need help to understand this.
    When to buy ? When to sell ?
    How this indicator must look like ?
    Once I make your code with the indicators i only have lines that i can’t understand.
    Thank you for Sharing and for help

    • Zigo • 11 days ago #

      I can understand that it is a little bit confused. Therefore some more explanation: The Indicator is correct (for values 17 for n and 5 for m ) but I have posted the backtest results instead of the indicator vieuw.(sorry)
      I shall try to post a graphic, that will explaine a lot.
      In fact TFI is an indicator concist of tree classical indicators, who are testest all three. The result is “Yes” or “No” “Yes” equals (+1 ) No” equals (-1) If all three the indicators are “Yes” , we are in a bull fase and contrairely 3 times “No” is a bearish result.
      If you take the sine of the arctangent of the result, then the results are:
      Yes,Yes,Yes (+3)
      Yes, No Yes (+1) also :(No, Yes, Yes (+1) and Yes, Yes, No(+1) )
      No,No,No (-3)
      Yes,No,No (-1) and so on
      For the sin(atan( Value) there are only for results:
      1) Strong Trend +3 (0.94868)
      2)Strong Trend -3 (-0.94868)
      3) Minor trend +1 and -1 (0.70711 and -0.70711 resp.)
      Thats it. For the rest is watch and see.

  2. Balmora74 • 5 days ago #

    thanks very interesting 🙂

  3. Wolf • 3 days ago #

    Compilation by sinusoid concept is very interesting. Thanks

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
stephane2.0
21 hours ago
cfta Thanks for sharing, this may be a useful filter but I'm not sure if it's coded correctly sin...
stephane2.0 Yes, line 5 is truncated. I can't edit, please replace by:
stephane2.0 c=exponentialaverage[9](MACDLine[12,26,9](close))
Balmora74 thanks for this code Philippo ! So if i understand well a Positive (+) EntryOK x ROC means a...
Sapo Thank you very much. as always your indicators are extremely effective. kind regards Vonasi.
mitsu21 Hi, it looks nice. I'll try it tomorrow thank you for your share kind regards bruno
Teddy Coronak Bonjour Nicolas , je voulais simplement te dire merci pour cet indicateur. Très simple et...
€Ȝ Hi Nicolas, Excellent piece of code. I used your concept in one of my own indicators too wh...
Nicolas Thanks a lot for the tip.
ggolfet Thanks Nicolas, I imported the itf file and solved the problem.
Hasardeur Hallo Nicolas, i tried to code the multi period heat map in combination with the Ehler’s ...
Nicolas Please open a new topic with the code in forum.
Marie-Eve Vergoz lorsque je copie les codes, le système me signale des erreurs à la ligne 12 et suivantes
Marie-Eve Vergoz sorry - tout est ok -
AlexF
8 months ago
Marcot18 Alex ti sei superato
AlexF Esagerato!
jobswaps Sube como trazar lineas de tendencias a tantas barras
Juanjo Hola, Buscando un sistema valido para operar el squeeze, he reprogramado el indicador para ...
mauro1966 BRAVO....
JackD I am getting a Syntex error when entering the code
Nicolas
12 months ago
CCI Trend
v10.3
CCI Trend
1
Indicators
Abdelkrim Maksour hi sir is this indicator for mt4 and how i can get one .
sir_i Bonjour à tous, Je suis nouveau sur le forum et sur la plateforme, pourriez-vous me dire com...
Nicolas Il faut simplement l'appliquer sur le prix.
sir_i Merci pour la réponse, je ne suis pas familier avec l'application de cette procédure simple,...
Nicolas Mauvais copier/coller? Veuillez télécharger le fichier .itf et l'importer dans la plateforme...
Zigo Magnifique, j'ai remplacer le RSI (70 et 30) par CCI avec les valeur+100 et -100 pour les va...
Zigo Ik heb hetzelfde gedaan met de SMI met OB =40 en OS = -40. De codes voor beide CCI en SMI zi...
mcha merci bien et félicitations pour la réactivité avec laquelle il a été mis dans la bibliothèq...
soulintact Great indicator Nicolas, thanks!
Nicolas Si ces variables ne sont pas utiles, il faut tout simplement les supprimer du programme.
souf Bonsoir Nicolas, Je te remercie d'avoir pris le temps de me répondre. J'ai essayé de s...
souf Hi Luxrun, I hope everything is OK for you. Did you succeed turning this indicator int...
LancerX Please indicate the trade stat to show ave gain against average lost..
Jan Wind Thanks for sharing the strategy !. Did you do an Out of Sample run when testing on the 100k...
jmf125 I don't know if anyone is following this thread anymore. Anyway I will post my comment. Aft...
dearno //eurusd STOCH RSI SMA Lose DEFPARAM CumulateOrders = true// tradestart = time > 090000...
dearno i have test it from 22-okt-2015 to 24-jan-2020. look out for the MAE ferry high up to -$5249...
snucke dearno it hasnt made any money from sep 2018 though
dau710 Are the Bulls Blue & the Bears Red?
dau710 Many thanks :)
myhlo Super Nicolas !! Cet indicateur offre une nouvelle lecture du Rsi ! Ces bandes up & Dawn...
luxrun Good evening Nicholas, I can not see the colors on the line of the moving average, but only ...
Nicolas Yes, you must choose the oscillator that will color the moving average. Example: ONCE UseC...

Top