Anybody can translate this indicator???

[elmcceen]

I have no mt4 file or anything like that. Just the german description!
The guys said an unbelieveable percentage of perfect entries...

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Ein grüner Balken im unteren Indikatorfenster zeigt einen möglichen LONG Einstieg an, ein roter Balken einen SHORT Einstieg.

Alle Parameter und Grenzwerte sind einstellbar, standardmäßig verwende ich:
-EMA(200)
-EMA(75)
-EMA(18)
-CCI(30)
-FORCE(13)
-ADX(14)
-ergänzend einen RSI(14)

Beispiel für ein LONG Signal:
1. EMA75 über EMA200 (Trendbestimmung)
2. CCI über Selllevel (Bsp: über -100) (Einstieg finden)
3. Force über 0 (Kursbewegung in richtige Richtung)
4. Stochastic Signallinie ist über der Stochastikhauptlinie (Kursbewegung in richtige Richtung)
5. RSI befindet sich nicht in der Overboughtlinie (keine allzu schnelle Gegenbewegung)
6. ADX über 20 (Trend behält gewisse Stärke)
7. Force steigt an im Vergleich zum Vorigen Candle

Das SHORT Signal ist klarerweise gegenverkehrt.

Zur Orientierung habe ich auch Linien eingebaut, die das High/Low des vorherigen Tages anzeigen.
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I hope tat anybody understand that context.....

[elmcceen]

That indicator should have a high performance on the m 15 chart --> more than 92% right entires!!!
So if there is anybody who can create this indicator it would be helpfull for all members of the community.
I do not have any mt4 files or anything like this so this indicator should have been written complete new.

[Apprentice]

This seems like an ideal example of using multiple indicators in creation of single signal, not a indicator.

Force means Force Index (FRC)?
So, Force Index we must develop first.
As far as I know, this indicator has not yet been written for Markerscope.

Helpful would be a more detailed description, in English, German I have learned for only 12 years.

[Apprentice]

Furthermore Force Index is based on the realized Volume, therefore we can not realize it at the moment.

The absence of, one, indicators should not significantly affect the success of the strategy.

[elmcceen]

I will look forward to get this into good english

The Force I think is not the important indicator for this complex signal! We will see if it is work without it or we have to take one other indicator for it.


A green bar shows a possible LONG entry, a red one schows a possible SHORT.



indicators to use
-EMA(200)
-EMA(75)
-EMA(18)
-CCI(30)
-FORCE(13)
-ADX(14)
-ergänzend einen RSI(14)

example for LONG Signal:
1. EMA75 over EMA200 (Trend/Movement)
2. CCI over Selllevel ( over -100)
3. ( Force over 0 )
4. Stochastic Signallinie ist über der Stochastikhauptlinie (Kursbewegung in richtige Richtung)
5. RSI is not in Overbought area
6. ADX over 20


A SHORT signal is absolut the opposite.

[Apprentice]

EMA CCI ADX RSI STO Signal

Please Test this version, I hope I've hit the essence of your strategy.
Some things I interpret quite freely.

For example, the ADX should be greater than 20, during, increasing or decreasing trend.

I do not understand the role and interaction of EMA 18.
Currently testing whether the above or below the EMA 75, or whether it rises or falls.

Almost all parameters are adjustable, so you could modify your strategy

EMA CCI ADX RSI STO Signal.lua

EMA CCI ADX RSI STO Signal

(5.9 KiB) Downloaded 857 times

[elmcceen]

Thank You very much BUT there are a lot of wrong signals given



At the picture you will see what i mean! The two signals are LONG but but the currency gone SHORT.
At this point we don't have to get a Signal!

problems are for the Long signal:
1. CCI is over -100 BUT it came from UP to DOWN -> if it is possible to change that part of the signal that the CCI have to be from Down to up and perfectly crosses the -100 from down to up
2. RSI is in the overbougt area! the RSI have to be in an UPtrend - perfect signal when RSI crosses the oversold area from down to up
3. ADX have to be over 20 becuase of the strength of the trend BUT in the picture the ADX is over 50 and that to much - in that area of the ADX the trend have to change

If the signal is written as i think the signal gives us not more than 5 signals per day with a right performance over 90%

I hope you will understand me because my english is not very good

Good Luck to every traders and have a nice day

[Apprentice]

All clear during tomorrow I'll probably finalize the signal.

[Apprentice]

http://fxcodebase.com/code/viewtopic.php?f=29&t=891&start=0

Can you test this indicator, Thanks.

[elmcceen]

Is there any possibility to translate this signal with the new force indicator???