TMT Scalping system

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06/16/2021 at 9:42 PM #171908 quote

raviesco
Participant

New

Hello,

Does anyone have an updated version of those indicators for the latest version of PRT?

Thanks

06/17/2021 at 7:58 AM #171911 quote

Nicolas
Keymaster

Master

Please describe what is TMT indicators, and provide screenshots.

06/17/2021 at 12:20 PM #171925 quote

raviesco
Participant

New

Hi Nicolas,

Thanks for your answer.

Basically I would like to have one indicator combining all buy or sell conditions:

It should be green when

1. Daily candle is Green
2. RSI Filter is Blue
3. MFI Meter is Green
4. Uptrend (7 EMA is above 20 EMA)

And red when:

1. Daily candle is Red
2. RSI Filter is Pink
3. MFI Meter is Red
4. Downtrend(7 EMA is below 20 EMA)

Ang grey if not all conditions are met.

Does it answer your question?

Thanks

06/17/2021 at 1:04 PM #171932 quote
Nicolas
Keymaster

Master
The indicator below will draw green or red histograms depending on the conditions you have requested:
```
irsi = CALL "RSI filtered"
i = MoneyFlowIndex[14]
if i>50 then
imfi=1
else
imfi=-1
endif

b1 = dclose(0)>dopen(0)
b2 = irsi>0
b3 = imfi>0
b4 = average[7,1]>average[20,1]
buyc = b1 and b2 and b3 and b4

s1 = dclose(0)<dopen(0)
s2 = irsi<0
s3 = imfi<0
s4 = average[7,1]<average[20,1]
sellc = s1 and s2 and s3 and s4

return buyc coloured(0,200,0) style(histogram), -sellc coloured(200,0,0) style(histogram)
```
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TMT Scalping system

General Trading: Market Analysis & Manual Trading

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Author

Nicolas @nicolas Keymaster

Summary

This topic contains 18 replies,
has 2 voices, and was last updated by Nicolas
4 years, 8 months ago.

Topic Details

Forum:	General Trading: Market Analysis & Manual Trading
Language:	English
Started:	05/26/2016
Status:	Active
Attachments:	7 files

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