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(REQ) trend indicator - Preparing Holy Grail Scalp system


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Guest indoshare
Posted

Hello Guys,

 

I'm in the process of completing my holy grail scalping system. But i just need one immediate trend indicator for m1 or m5 chart. Preferably for m1 timeframe, NOT m30 or h1 or h4. Please support. If i get it I will share the system in this forum. because i have learnt a lot from you guys. The system is built on trend retracement technique.. So accordingly post your current trend indicator.

 

Thanks a lot.

 

Indoshare

Guest indoshare
Posted
I hate Martingle systems.. My system is very different. please share immediate trend indicator effective for m1 or m5.. will share when complete
Posted

Hi indoshare,

 

I think NonLagMA is the most immediate you're going to find:

 

http://www.mediafire.com/?j9w3o6e3p2e8ang

 

Sample code:

NonLagMA=iCustom(NULL,0,"NonLagMA_v7.1",0,1);

NonLagGreen=iCustom(NULL,0,"NonLagMA_v7.1",1,1);

NonLagRed=iCustom(NULL,0,"NonLagMA_v7.1",2,1);

 

NonLagMA = NonLagGreen means Uptrend

NonLagMA = NonLagRed means Downtrend

 

When following trends, you generally get better signals if your main timeframe and the one above are in synch.

 

So, if you're using 1m and non-lag ma is red, then if 5m non-lag ma is red too, the chances are greater that the trend will continue.

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