Silver trend indicator

[Alexander.Gettinger]

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.

Download:

Silver_Trend_Sig2.lua

(2.5 KiB) Downloaded 1568 times

Important! Indicator redraws historical data when new price appears!

The version of the indicator without re-drawing:

Silver_Trend_Sig.lua

(2.38 KiB) Downloaded 1523 times

The indicator was revised and updated

[RJH501]

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 alert when 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

[Apprentice]

Your request has been added to our database.

[RJH501]

Thanks Apprentice!

RJH

[Alexander.Gettinger]

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

[Apprentice]

Indicator was revised and updated.