The Simple System | Foreign exchange indicator download-MT4/MT5 resources
I thought it would be best to start a new thread to discuss this simple method. I'm not good at typing, so I'll just write it here.
1) The system is based on the "T3MA" Triple Smoothed MA indicator.
2) I did not use the default parameters 15 and 0.7,
Instead, I use 4 and 1.5 (volume factor).
3) When plotted on a chart, the T3MA will have clear peaks and valleys.
4) I wrote a very simple indicator to detect those peaks and valleys that appear as up or down arrows.
5) Built-in alarm alerts you when new arrows are formed.
This is where things get complicated. Buy when the up arrow forms and sell when the down arrow forms; that's it!
So far it seems to work on any TF, but of course the longer the TF the better as there is less random "noise". TF's M30 to H4 seem to be the best.
have fun.
Point 2
P.S. As usual, make sure T3MA.mq4 is in your "INDICATORS" folder (you have to compile it too). If you encounter a problem, click on Terminal on the platform and select the Logs tab on the right and you will see what is going on and hopefully be able to fix it.
Point 2
Indicators zip package FISH-TSS uploaded on July 9 (AEST)
Uploaded by FISHTSS_EAV2 on June 19, AEST
1) The system is based on the "T3MA" Triple Smoothed MA indicator.
2) I did not use the default parameters 15 and 0.7,
Instead, I use 4 and 1.5 (volume factor).
3) When plotted on a chart, the T3MA will have clear peaks and valleys.
4) I wrote a very simple indicator to detect those peaks and valleys that appear as up or down arrows.
5) Built-in alarm alerts you when new arrows are formed.
This is where things get complicated. Buy when the up arrow forms and sell when the down arrow forms; that's it!
So far it seems to work on any TF, but of course the longer the TF the better as there is less random "noise". TF's M30 to H4 seem to be the best.
have fun.
Point 2
P.S. As usual, make sure T3MA.mq4 is in your "INDICATORS" folder (you have to compile it too). If you encounter a problem, click on Terminal on the platform and select the Logs tab on the right and you will see what is going on and hopefully be able to fix it.
Point 2
Indicators zip package FISH-TSS uploaded on July 9 (AEST)
Uploaded by FISHTSS_EAV2 on June 19, AEST
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