FXCodeBase.COM: Forex Chart Indicators and Development

The indicator has two components.
Sum of Bull and Bear Power.
Power[period] = -((High[period] - MA[period])+ (Low[period] - MA[period]));

Difference between price and a selected component of Bollinger Bend.
Bollinger[period]= Price[period] - BANDS[Bollinger_Mode][period];






MT4/MQ4 version
viewtopic.php?f=38&t=65972
Indicator-based strategy.
viewtopic.php?f=31&t=66124

Another great indicator! Can this be used with a previously built strategy? Or could one be built please if not already available... very simple parameter needed


Open Long when Bollinger signal crosses UP through "0" center line and closes when crossing back DOWN through "0".

Open Short when Bollinger signal crosses DOWN through "0" center line and closes when crossing back UP through "0".

Thanks!

sjc

Do you think about, Bollinger or iTrend.

If I understand your reply correctly, you are asking if I would prefer a strategy to be created pertaining to the iTrend indicator OR the Bollinger portion of the indicator.

I did not find any strategies pertaining to the iTrend. But I was not sure if there is a strategy already built that would support the iTrend indicator. That seems to make more sense to me, but I could be wrong.

I have not used Bollinger Bands signals with past trading and since the indicator does use a bollinger signal I was not knowledgeable if any of the several BB signals/strategies support the iTrend.

Thanks again to all the FXcodebase staff for all your efforts, great work!!!

sjc

Indicator was revised and updated.

Apprentice wrote:Indicator was revised and updated.

May I ask for an indicator applied to tickcharts

Many thanks

Regards

Tick iTREND.lua added.

Thank You So Much

All the best,
S.

MTF MCP iTrend Heat Map added.