@ 100% Free Float (Trend) Indicator @

[cazador]

100% Free Float (Trend) Indicator

 

Float MetaTrader indicator — a sophisticated indicator that analyzes the previous chart history for the given

currency pair and then tries to analyze the trends in the current situation. It shows the trends' beginnings and ends

in a separate chart window and the Fibonacci retracement levels on the main chart. It also displays how long ago the local high and low were detected.

Input parameters:

 

 

• float (default = 200) — the amount of bars to process for trend analysis. The lower is the number the more current
  the data will be but the less accurate the analysis will be.
  
• use_fibos (default = 1) — if 1 then Fibonacci retracements will be drawn on chart. If 0 then Fibonacci
  retracements won't be drawn on chart.
  
• Backtesting (default = 0) — doesn't affect anything.
  

http://www.forexsecretindicator.com/Float.gif

 

As you can see, the trend's beginning and the end are marked clearly on the chart with this indicator.

You can attach it and wait for the beginning of the next trend and then decide whether to buy or sell.

Fibonacci retracement levels can be used for the target and stop-loss levels.

Downloads:

 

Float in .zip (http://www.forexsecretindicator.com/Float.zip)

[cazador]

up!!!!!!!!!!!!!!!

[mograst]

thanks for sharing. I will test it. Question: does it work also on lower timeframes? thanks

[rvoiz]

looks very good........

 

.......but that´s because it repaints

[cazador]

jejejeje repaints :-(

[Gyverd]

which Timeframe is the best fot this great stuff Caz ? Thanks before.

[camisa]

old float indicator repainted badly

[cazador]

which Timeframe is the best fot this great stuff Caz ? Thanks before.

 

4H or 1Daily

[Saivenkat]

Hi Cazador,

Any trend Indicator you have in store that does not repaint? Pls share, if any.

[FLT]

100% Free Float (Trend) Indicator

 

Float MetaTrader indicator — a sophisticated indicator that analyzes the previous chart history for the given

currency pair and then tries to analyze the trends in the current situation. It shows the trends' beginnings and ends

in a separate chart window and the Fibonacci retracement levels on the main chart. It also displays how long ago the local high and low were detected.

Input parameters:

 

 

• float (default = 200) — the amount of bars to process for trend analysis. The lower is the number the more current
  the data will be but the less accurate the analysis will be.
  
• use_fibos (default = 1) — if 1 then Fibonacci retracements will be drawn on chart. If 0 then Fibonacci
  retracements won't be drawn on chart.
  
• Backtesting (default = 0) — doesn't affect anything.
  

http://www.forexsecretindicator.com/Float.gif

 

As you can see, the trend's beginning and the end are marked clearly on the chart with this indicator.

You can attach it and wait for the beginning of the next trend and then decide whether to buy or sell.

Fibonacci retracement levels can be used for the target and stop-loss levels.

Downloads:

 

Float in .zip (http://www.forexsecretindicator.com/Float.zip)

 

 

 

HI boss, thanks...got question...

1.this indicator calculate volume or price?