Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=62822
Forum: 17 · Topic 62822 · 4 post(s)
Phil_RX · Fri Oct 23, 2015 7:35 am
OVERVIEW :
BUNDLED INDICATORS ARE STRONGER ! The PRO Bundle has been designed to reach a specific goal. Each individual indicator / oscillator has a role to play in the bigger picture. Amateur traders often pick their indicators depending on their affinity to the information they provide. That’s why some of them end up with an basic indicator overload. Some other simply use correlated indicators, generally they only use price related ones. For exemple using moving averages on the price and a MACD oscillator under it is actually giving the exact same information ! So why wasting some precious screen area for irrelevant double informations ?! Every indicator / oscillator is designed to provide informations where others don’t, they fulfill each other weakness and make the whole bundle strengthen. The ideal goal was to provide a set of indicators that would be as good as predicting the eventual price reversal as identifying the market current conditions (trendy or rangy). For those who like to add some spicy anticipation into their trading, the trend related indicators will help then to avoid entering too early when the trend is still ongoing, and of course they will sharp their entry point with the help of the predictive type indicators of the bundle. On the opposite, trend following traders will focus on spotting trend breakouts and enter accordingly while they will monitor reversal detections given by the predictive analysis. They will take their profit at the very best price most of the time, just before the reversal. I also wanted the bundle to be equally balanced regarding the inputs used by the indicators. Some will be mostly linked to price, some will be to volume and some with the X axis which is generally time related. As stated earlier, mutliple price related indicators will just lead you to a basic indicator overload, which is absolutely a big mistake. The bundle is the simple combination of 4 complementary indicators and that’s all ! http://www.Pro-indicators.com will also provide some free tools & indicators to help you with your trading, but that’s all they’re going to be, the bundle will almost certainly remain the same cause it is equally balanced. Adding other indicators will eventually happen only if new data were available from the feed (the real volume for exemple). I have plan to include this precious data into the bundle, but so far FXCM is not providing this information on indexes CFDs as it is on Forex currency pairs. Anyway if there is ever a new indicator in the bundle you’ll be the first to know via a newsletter !
DOWNLOAD :
** installation details & files are included in the .Zip file. ** Dark Backgound presets, unlock, updates & support available via the website Website : http://pro-indicators.com
Post updated for TS v 1.14.xxxx
Phil_RX · Tue Jan 05, 2016 7:16 am
Regarding the last update of the Trading Station (v1.14.xxxx) the indicators have been through some issues and bugs. Major core changes have been made since among with many other functions added. Please let me a few days to update the post and record a new video to show those new features..
Apprentice · Tue Aug 01, 2017 5:40 am
Bump up.
SKIN84 · Thu Feb 24, 2022 9:48 am
hello, is it possible to have the MT4 version of the indicator? thank you in advance