FXCodeBase.COM: Forex Chart Indicators and Development

This indicator is a ported MQL5 indicator from viewtopic.php?f=27&t=27649#p48363



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The indicator was revised and updated

Other version of this indicator.



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For Alma2 indicator must be installed Alma indicator.

Hi Guys,

Is it possible to set up an alert and/or strategy for the ALMA2 indicator?

Alerts/strategy is triggered by trend direction change (color change).

I know this indicator can repaint the last candle, so is it possible to delay an alert/strategy trigger on close of the 2nd confirmation candle/period.

Thanks for all you guys do!

Also can we still submit donations? I couldn't find the page to do so.

Your request is added to the development list.
Donation link can be found at the bottom of the home page.

Would it be easier to add the Alma and Alma2 to the averages strategy

Can you provide a link for averages strategy.
And give detailed description.

Apprentice wrote:Can you provide a link for averages strategy.
And give detailed description.

viewtopic.php?f=31&t=3859&hilit=averages

Slope-Change Trend
Cross - Price / MA Cross

ALMA & ALMA2 could be added to averages indicator : http://fxcodebase.com/code/viewtopic.php?f=17&t=2430

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ALMA Trade conditions:

Condition : Up Slope (shown in Blue)
Entry Type : Buy
Entry Point : Close of 1st or 2nd confirmation candle indicating new trend angle/slope
Close Position : Close of 1st or 2nd candle indicating new trend angle/slope change

Condition : Down Slope (Shown in Red)
Entry Type : Sell
Entry Point : Close of 1st or 2nd confirmation candle indicating new trend angle/slope
Close Position : Close of 1st or 2nd candle indicating new trend angle/slope change

Optional Variables (other than default ALMA calculation variables) :
> Option to choose whether strategy enters/exits after 1st, 2nd or 3rd candle confirmation. I am not sure if this is even possible if integrating with the AVERAGES indicator/strategy. If creating a new strategy, this option would be awesome - much less false signals.
> Standard Manual Limit/Stop/Trailing Stop options

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ALMA2 Trade conditions:

Condition : Up Slope (shown in Blue)
Entry Type : Buy
Entry Point : Close of 1st or 2nd confirmation candle indicating new trend angle/slope
Close Position : Close of 1st or 2nd candle indicating new trend angle/slope change

Condition : Down Slope (Shown in Red)
Entry Type : Sell
Entry Point : Close of 1st or 2nd confirmation candle indicating new trend angle/slope
Close Position : Close of 1st or 2nd candle indicating new trend angle/slope change

Condition : Neutral Slope (Shown in Green)
Entry Type : No entry

Optional Variables (if possible):
> Option to choose whether to strategy enters/exits after 1st, 2nd or 3rd candle confirmation.
> Option to choose whether to close or keep trade open on Neutral Slope (shown in green in image. neutral slope is generated with the PCT filter). Not sure how hard this would be to do.
> Standard Manual Limit/Stop/Trailing Stop options

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Your request is added to the development list.

Indicator was revised and updated.

ALMA based strategy is available here.
viewtopic.php?f=31&t=64666