****Original***** Strategy / vdub_Trend_Master_v / v1 / v2 / v3. Being foremost a Binary Options Trader, trying to make a move back into forex was/is challenging. I have no problem in finding entry points, but I lacked the ability to hold my positions for longer than the next retracement , as you can imagine this style of trading eats up trading accounts, so I've pulled together a collaboration of code from various indicators in an attempt to keep you (me) in the trend for longer. the lower Trend power bars Ive designed for easy visual entry, also both short & long exits v1 being the fastest v2 then v3 the longest.. To be use in correlation with the Trend master v (upper) indicator. The strategy I think speaks for it's self, Buy Long & sell Short . :) Original edited code from authors listed, with thanks nb. these indicators are still in demo / testing mode & still needs a few tweaks To get all 4 indicators go to the share icon and select 'Make it mine'
test entry Long
Hold Trends for longer -Trend master v3 (Lower power bar ) / 6hr chart
V3 is visually beautiful but it basically repaints. The signals are only posted long after the move has happened.
Example 1m chart, 7 minutes later the buy signal was posted. The move was long over.
sanj57
⋅
@RiskPays, True, I agree the signals appear 9min later but are posting 9-11 min back. For eg at 2:59 a sell signal pops up but it is posted at 2:49!!
senpai
⋅
Hello Good Stuff!! I am follower of yours. However I would to know the concept of this code in technical way
deciding a BUY and Sell Signal. (based on counter trend ??)
Another Question... I am looking also for identifying Gradient of a trend to check if its a legitimate for Spree entries.. Currently I am using PitchFAN together with your Trendmaster.
Is there any other suggestion you have?
NedSeagoon
⋅
I asked someone who knows a bit of code to try and tweak the script to print the signals sooner but only managed to reduce the count to 4 bars after and it prints a lot more signals so pretty noisy. Anyone had any success? I can post the modified script if anyone is interested.
jtrekkie3
⋅
This clearly repaints long after the fact making it 'appear' like an amazing indicator. No use for the real world.
@francishi
can you find solution that send earlier signal?
sabirTRADER
⋅
@jtrekkie3, the buy and sell signals comes too late please fix it @vdubus
kraven1411
⋅
Hello, beautifulst script, compliments. I wanted to ask you: how I can set up the parameters so that the strategy gives back to me it marks them necessary “buy” and “sell” on along period therefore in zones of large oscillation of the asset?
Example 1m chart, 7 minutes later the buy signal was posted. The move was long over.