FXCodeBase.COM: Forex Chart Indicators and Development

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) )




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.

MT4/MQ4 version
viewtopic.php?f=38&t=69892

Separate parameters for the Buy and Sell period added.

Hi,Apprentice ,Thanks very much for this indicator, is it possible to develop a MTF version of this indicator?Thanks

I'll try to finish this version in the next few days.

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

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

Update.

Apprentice wrote:I'll try to finish this version in the next few days.

Thanks very much, Apprentice,

Has a signal or strategy been developed using this indicator?

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

Regards,

RJH

Strategy can be found here.
viewtopic.php?f=31&t=3972&p=9984&hilit=Fred+Tam#p9984