@Lucas, A big thank you. I tried the last version and it works well.
@Aragorna, you just need to download the itf and then key in the variable Degree, Lock, Length and Extrapolate. Without these variable, it will not work. Then look at the right hand side of your graph and you should see the curve. The plotting of the curve depends of Length you chose.
Bravo en tous cas. I check your other codes. They are all clean. In my humble opinion, we spend much more time refining the condition of Entry (taking a trade) and don’t pay enough attention to the Exit (this where you make money, lose money, leave money on the table or lose big, etc.). We generally also spend more time optimizing the PROFIT instead of reducing the DRAWDOWN (which can lead to total loss of capital). If it can help, I found the code below spotting early entries (cheaper stop loss, but lower win rate. And cheaper stop loss generally leads to lower drawdown). What’s the easiest way to contact you?
i = Lookback
Hipast = highest[i] (high[1])
Lopast = lowest[i] (low[1])
MAF = average[P,T](close)
ca = close crosses over hipast and close>MAF
CV = close crosses under lopast and close<MAF
For my point of view, if you want quick entries, there is no better than RSI (which is kind of leading indicator) or breakout/down of oblique support/resistance.
Moving averages (also MACD) and ATR are slow and can lead to desastrous results if used in ranging markets. If you want to use averages, then you need a range market indicator (which won’t be late also), or you will loose at both ntry and exit.
Look at my profile
piece of coding art; congrats and thanks
piece of coding art; congrats and thanks
Thanks you, but i am still just a beginer who try to do his best.
Your indicators are awesome and looks very professional. I bougth 2 of them.
Will you sell strategies/trading bots ?
Lucabest
you say ” there is no better than RSI (which is kind of leading indicator) or breakout/down of oblique support/resistance.”
What indicator do you use for breakout /down of oblique support resistance ??
Lucabest
you say ” there is no better than RSI (which is kind of leading indicator) or breakout/down of oblique support/resistance.”
What indicator do you use for breakout /down of oblique support resistance ??
For now, i use my eyes to see them and draw them by my self on th chart…
But as i want to automate my trading, i am coding an indicator which will be able to look for accurate trendlines and breaks (still in progress)
