Fred Tam F1 Indicator

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Fred Tam F1 Indicator

Postby Apprentice » Wed Apr 20, 2011 4:59 am

Fred Tam F1 Indicator.png


1) Buy arrow
If recent closing price is higher than the recent days close max
( eg. close(0) > Max(close(i) )
2) Sell ​​
If recent closing price is lower than the recent days close min
( eg. close(0) < Min(close(i) )

Fred Tam F1 Indicator.lua
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Fred Tam F1 Indicator with Alert.lua
(11.5 KiB) Downloaded 14 times


I have added a choice between two types of signals.
Close and High / Low Data stream as a source for the signal.

I have noticed that High / Low option offered less noise.
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Re: Fred Tam F1 Indicator

Postby Apprentice » Wed Apr 20, 2011 8:28 am

Separate parameters for the Buy and Sell period added.
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Re: Fred Tam F1 Indicator

Postby bingyunid » Fri Apr 22, 2011 3:13 am

Hi,Apprentice ,Thanks very much for this indicator, is it possible to develop a MTF version of this indicator?Thanks
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Re: Fred Tam F1 Indicator

Postby Apprentice » Fri Apr 22, 2011 4:08 am

I'll try to finish this version in the next few days.
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Re: Fred Tam F1 Indicator

Postby yasirali1974 » Fri Apr 22, 2011 3:11 pm

Is it possible to make stratagy based on this indicator coz i believe its going to be great with inputs of h/l buy signal 2 sell signal 2 on 4hrly chart. thanks.
Yasir
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Re: Fred Tam F1 Indicator

Postby yasirali1974 » Sat Apr 23, 2011 4:47 am

yasirali1974 wrote:Is it possible to make stratagy based on this indicator coz i believe its going to be great with inputs of h/l buy signal 2 sell signal 2 on 4hrly chart. thanks.
Yasir


and stops below the signal candle with tp 60pips
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Re: Fred Tam F1 Indicator

Postby Apprentice » Sun Apr 24, 2011 9:16 am

Update.
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Re: Fred Tam F1 Indicator

Postby bingyunid » Sun Apr 24, 2011 11:20 pm

Apprentice wrote:I'll try to finish this version in the next few days.
Thanks very much, Apprentice, :lol:
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Re: Fred Tam F1 Indicator

Postby RJH501 » Sun Jul 17, 2011 12:25 pm

Has a signal or strategy been developed using this indicator?

If not would it be possible to add it to the QUE?

Regards,

RJH
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Re: Fred Tam F1 Indicator

Postby Apprentice » Mon Jul 18, 2011 6:17 am

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