I have more than enough such indicators myself. 😁 I’m trying Priceaction Short Term, few candles in the market, many trades and works in almost every market phase (M5, M1). Positive even without a trend indicator. The trend is just a small tool. At least it seems to be working.
Hi Nicolas the coding language is for coding for MT4 it came from Australian company TradeView System Building for people who are not codes to write there own coding
here’s a short trend indicator that never fails:
if opendayofweek = 5 and (Russia is about to invade Ukraine) then
sell 1000 contracts at market
endif
I now see you have a parameter wrong in there !
This is something i’ve used alot on a higher TF
Timeframe (xxx,updateonclose)
bull = average[x,y](close) > average[x,y*z](close)
bear = average[x1,y1](close) < average[x1,y1*z1](close)
Timeframe (Default)
thanked this post
what sort of value would you use for z or z1 ?
the number after the comma designates the type of MA
0 = SMA
1 = EMA
2 = WMA
3 = Wilder
4 = Triangular
5 = End point
6 = Time series
7 = Hull
8 = ZeroLag
my bad, this is how it should be
Timeframe (xxx,updateonclose)
bull = average[x,y](close) > average[x*z,y](close)
bear = average[x1,y1](close) < average[x1*z1,y1](close)
Timeframe (Default)
For z and z1 i most often use a value of 1.1-2.0 with a step of 0.1
the period (x and x1) can only be a whole number.
5.5 will give the same result as 5, 10.8 will be the same as 10
if you want to establish a differential between 2 MA periods I would suggest using
bull = average[x,y](close) > average[(x+z),y](close)
then optimize the value of z, 1 to 10 with a step of 1 (for example)
yes, i know.
the point is also not to test every single variant there is.. = less curvefitting
im not saying what i do is the best, but it seems to work decently
it will certainly work perfectly well when x > 10
I was thinking of smaller periods when it doesn’t quite make sense … but I’m sure you’ve figured that out by now 😁
Sorry this will not work it has not been Initialised, this is only a function my main EA has been Initialised but not this function.
Thank You may be you can help l been on this ProRealTime for more than 2 years and all l get is NO HELP and discouragement so l decided to learn to coding with someone else called TreadView for MT4 with no coding experience. l built a complex EA that l can start my EA as a point of origin [ONCE StartTime = Point of Origin and buys 1 contact Lowest ‘Low and and buys another 1 contact on Lowest High and Calculates to a Point of Destination Sell both contact with no coding experence = Target Price
Please can you help me to code // (Doolean ONCE) (FunctionStartTime) If is time > = start hour, Start minute do Set ONCE to true = Point Origan
Hi icharttop
Sorry to hear that, my experience of this forum has been nothing but positive. There is a code conversion service provided on this site, I am sure they will be able to help
https://www.prorealcode.com/free-code-conversion/
Below are the code snipets for specifying trading times;
IF (Time >= 08000 AND Time <= 220000)then
Tradetime=1
else
Tradetime=0
endif
IF longcondition and tradetime THEN
BUY PositionSize CONTRACT AT MARKET
ENDIF
and below for Highest (or Lowest) over a specified look back range;
ca1 = high > highest[100](high[1])
IF ca1 THEN
BUY 1 shares AT MARKET
ENDIF
Good luck!
