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Silver trend indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=3844
Forum: 17 · Topic 3844 · 6 post(s)


Silver trend indicator

Alexander.Gettinger · Tue Apr 05, 2011 10:36 pm

The indicator is a port of SHI_SilverTrendSig.mq4 by Shurka (http://shforex.narod.ru).

Indicator paint UP dot if Close price[i]>Max-Range and DN dot if Close price[i]<Min+Range, where Max, Min is a maximum and minimum of price at range from (i-Period) to i, Range=(Max-Min)*Border/100.

SilverTrendSig2.png

Download:

Silver_Trend_Sig2.lua

Important! Indicator redraws historical data when new price appears!

The version of the indicator without re-drawing:

Silver_Trend_Sig.lua

The indicator was revised and updated


Re: Silver trend indicator

RJH501 · Fri Jul 22, 2011 7:18 am

Hello Alexander,

I have been using your STI indicator that paints and find it to be very helpful in my trading. If you could, can you develop the following:

  1. Develop a signal that provides a sound alertwhen the signal stops painting and the opposite STI signal appears on the next candle. This typically marks a trend change in my observations.
  2. Develop a trading strategy that would work with the signal in 1.?

Thanks for all your work!

RJH


Re: Silver trend indicator

Apprentice · Fri Jul 22, 2011 5:10 pm

Your request has been added to our database.


Re: Silver trend indicator

RJH501 · Sat Jul 23, 2011 10:34 am

Thanks Apprentice!

RJH


Re: Silver trend indicator

Alexander.Gettinger · Mon Jul 25, 2011 10:26 pm

Please, see this strategy: viewtopic.php?f=31&t=5436


Re: Silver trend indicator

Apprentice · Thu Mar 16, 2017 5:38 am

Indicator was revised and updated.