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cheatcountry
30 Th04 2020 20:33

Uber Trend Indicator 

Apple Inc.NASDAQ

Mô tả

This is my first custom indicator that I created as a medium to long term trend indicator. Buy if it is above 0 and sell if it is below 0.

Since this is my first unique indicator, I would love to hear your feedback! Please let me know if you would like to see any other scripts!

Phát hành các Ghi chú

changed the formula to limit the indicator between +1 and -1

Phát hành các Ghi chú

updated to match with my other indicators

Phát hành các Ghi chú

fixed issue with default resolution
Bình luận
s2yl
This is just for user information, i just did a backtest of the strategy on the EUR/USD from the 1 jan 2018
56 trades placed:
44% winrate
21 wins/ 31 losses.

summary:
very nice strategy definaty going in my top 100, this will do wonders with a good volume indicator, if you wonering i used the average true range x1.5 as stop loss and tp.

secondly this is actually a profitable indicator on its own if you include the massive trends that is got in very early.
cheatcountry
@s2yl, thank you for the great information. i haven't had a chance to do backtesting on my scripts yet
up2you
Great!
I have a question. Why do you call it Uber?
cheatcountry
@up2you, Uber just means extremely good in english so I just thought it described my indicator well. Also I'm from German heritage so I like to use German words to describe my indicators
phohat
Very good work Sir!!
Thank you for the sharing ! And this modification between -1 to 1 is the way to follow i think !!! Well done Sir.

All the best !!
cheatcountry
@phohat, thank you very much!
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