Absolute Strength Indicator, Conversion code mq4 to Prorealtime

Vicari0us · 2019-01-15T05:52:23+00:00

I would really appreciate help on this one. This is a simple indicator that I would like to implement in one of my strategies. I am basically only looking for the bullish and bearish lines to cross in order to help with a long or short trade confirmation. Here is the web page where I found the indicator: https://www.forexmt4indicators.com/absolute-strength_v1-indicator-for-metatrader-4/ Please see pic attached. Regards

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01/15/2019 at 6:52 AM #88637 quote

Vicari0us
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I would really appreciate help on this one.

This is a simple indicator that I would like to implement in one of my strategies. I am basically only looking for the bullish and bearish lines to cross in order to help with a long or short trade confirmation.

Here is the web page where I found the indicator: https://www.forexmt4indicators.com/absolute-strength_v1-indicator-for-metatrader-4/

Please see pic attached.

Regards

AbsoluteStrenghtHisto_v1-1.mq4 Absolute-Strength-1.png

01/15/2019 at 7:50 AM #88641 quote

Nicolas
Keymaster

Legend

Ok, seems similar to DMI, I’ll have a look at let you know.

01/15/2019 at 7:55 AM #88642 quote

Vicari0us
Participant

Average

Thank you!

01/15/2019 at 7:26 PM #88718 quote

juanj
Participant

Master

@Vicari0us why not share how exactly you plan to incorporate this. I am sure the community will be able to better assist with what you are trying to achieve. Many of us have walked this road for a long time 🙂

01/16/2019 at 7:45 AM #88733 quote

Vicari0us
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Hey @juanj

I Just want to use the indicator as a confirmation or entry indicator.
Currently, I am using the Aroon indicator for this, but I believe this one will be more accurate and get me into trends earlier.

But I can’t know for certain unless I can backtest it.

I will share results once I have it up and running.

Regards

01/16/2019 at 11:48 AM #88771 quote

Nicolas
Keymaster

Legend

The Absolute Strength indicator is now available in the library: Absolute Strength

absolute-strength-indicator-mt4.png

01/16/2019 at 11:49 AM #88773 quote

Vicari0us
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Average

Awesome Nicolas!

Thank you. Will test it out!
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