Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Trade the price action along with the tr

author EAcpu | 3 reads | 0 comments |
Greetings to all again…

Very few people in FF know me, many don't know me..., well, no problem....we will get to know each other along the way... Actually this system was created for Renko trading, because Renko charts lacked some information, so I switched to normal charts and optimized it a little, but the basic principle is behind Renko charts. Because I’m mad about the brick shape…. I don't think it's a holy grail. Or it spoon-feeds you. The basic one is price action. We'll be taking the journey in the form of price action, using our best friend, trend, as our guide.

I have created a M_T_F trend and entry signal monitoring indicator.
Attached picture (click to enlarge)
Click to Enlarge

Name: MTF.png
Size: 57 KB


--------This indicator consists of three parts...
1] Entry Signal Monitoring---It will display entry signals for 18 currency pairs in 6 time frames
2] Trend Strength Monitor - It will display the trend strength of 18 currency pairs across 6 time frames.
3] Interpretation - Interpretation of text in the monitor.
Attached picture (click to enlarge)
Click to Enlarge

Name: individual.png
Size: 33 KB

Signal_entry indicator This indicator will be in the form of a histogram. When the historical organization appears green, a buy signal is formed; when the historical organization appears red, a sell signal is formed.

My multi time frame indicator will use two other indicators named T_S_A and E_S_A. These two are like the brain and heart of the multi time frame indicator, without these the multi time frame indicator will not work.

I've also provided two template files. One for MTF and one for individual pairs.

How to install...
1] Copy indis to the correct folder of the mt4 file----Open the data folder----mql4----Indicators
2] Copy the template file to the correct folder of mt4 -----open the data folder----templates.

How to get started.

After copying all files, please restart your mt4...
------Now just open any chart and load the template --MTF_T.S_ANALYSE
Now your computer will hang for 1 minute because mt4 has to load the brain and heart of the MTF to all 18 currency pairs and each of the 6 timeframes...so don't mentally curse me while loading (what makes my computer hang)). After a minute mt4 will run and you will see the signals run and the trend strength will run.
----- Now if your decided currency pair receives a signal, open the chart of your currency pair and load Individual_Signals--- then you are ready to go...

Please mind...
This is the first version of my M_T_F...it has over 4000 lines of code...so if you see a buy or sell signal for a currency pair in the MTF it will be wrong and when you open a currency pair chart and load a single template, if you see a histogram corresponding to the MTF signal then the signal will be true. But if you don't see the histogram, please tell me about the pair and tf.

Please do not ask for source code.....

Please don't use harsh language towards others, we are all here looking for something, let's dig it together.

Version 1.1 is already under development...
Proposed changes....
1] Custom currency pair names will be added, such as EURUSD.pro, GBPUSD.LMAX
2] Selective currency pair trend strength and entry signals will be provided to reduce CPU load.

If you need anything please let me know and I'll add it.

The system is open for development, but use the indicators provided in this thread, do not use any other indis unless it is a mt4 standard indis, as our entry signal indi itself compares every price tick with certain data.

Please make this thread interactive as it will encourage me to do something...

Enough about all these things, let’s begin the journey
appendix
[RAR] indis-Scalper.Exp.rar 126 KB | 4,257 downloads

appendix
[RAR] Template-Scalper.Exp.rar 3 KB | 3,401 downloads

For those who don't have the RAR, please download it below... Updated November 16, 2014
appendix
appendix
[EX4] M_T_F- Signal_Trend_Analyser.ex4 79 KB | 2,747 downloads | Uploaded on November 17, 2014 at 1:41

appendix
appendix
[EX4] T_S_A.ex4 12 KB | 2,244 downloads | Uploaded at 1:41 on November 17, 2014


Updated November 18, 2014

Added M_T_F.S_T_Analyser Mini
appendix
[EX4] M_T_F.S_T_Analyser Mini.ex4 7 KB | 2,641 downloads | Uploaded at 9:26 November 18, 2014


Updated November 20, 2014

Bug-cleaned versions of E_S_A and T_S_A,
appendix
[EX4] E_S_A.ex4 31 KB | 2,685 downloads | Uploaded at 9:28 pm on November 20, 2014

appendix
[EX4] Signal_Entry.ex4 19 KB | 2,961 downloads | Uploaded on November 20, 2014 at 9:28 pm
MTF.pngindividual.pngEURAUD.PNGEURAUD.PNG
MTF.pngindividual.pngEURAUD.PNGEURAUD.PNG
MTF.pngindividual.pngEURAUD.PNGEURAUD.PNG
MTF.pngindividual.pngEURAUD.PNGEURAUD.PNG
MTF.pngindividual.pngEURAUD.PNGEURAUD.PNG
MTF.pngindividual.pngEURAUD.PNGEURAUD.PNG

Attachment to original post (7)

Verification code Refresh