10suited Posted April 21, 2016 Report Share Posted April 21, 2016 (edited) Hi All, the trick is to SEE in 1 Chart in all timeframes if we are in UP or DOWN Trend, RANGE Trend UP or DOWN TOP LEVEL DOWN even to 1min from the MONTHLY MA 2. does anyone know of a way or an indicator to show a simple colored vertical MTF Bar in a Chartwindow (up-down) with the following Parameters: What is a Trend? Trenddefinition Top-Down MTF (Monthly-Weekly-Daily-4H) the top trend in the Monthly is defined as a Moving Average with Period 2. thats the same a Weekly MA 10 similar to Daily MA 60 similar to 4H MA 240 UT (Uptrend): The Bar should show color Green if price is over the H4 MA 240 and H4 MA 60 line DT (Downtrend): The Bar should show color Red if price is under the H4 MA 240 and H4 MA 60 line. UT RANGE: The Bar should show color Olive if price is between the H4 MA 240 and H4 MA 60 line in UT. DT RANGE: The Bar should show color Gold if price is between the H4 MA 240 and H4 MA 60 line in DT. LONG ONLY in UT. SHORT ONLY in DT. Range or Countertrend Trades in RANGE. As a filter to entry in the Toptrend Monthly in 1H Chart: UT: if H4 is over the MA 240 and MA 60 line a smaller second vertical Bar next to the MTF Bar should show color Green if the 1H MA 15 is under MA 15. =Big Green + Small Green Bar (if not only Big Green) DT: if H4 is under the MA 240 and MA 60 line a smaller second vertical Bar next to the MTF Bar should show color Red if the 1H MA 15 is over MA 15. =Big Red + Small Red Bar (if not only Big Red) This is a good basic way to get into a strong trend. Colors Olive and Gold are lights to see we are in a Range Market in between the 240 and 60. I like to see the Small Bar too, showing Range or Countertrend Trades with Filter 1H MA15 Olive-Green in UT. Gold-Red in DT. With such a very nice and clean simple indicator i would ALWAYS KNOW IN ALL TIMEFRAMES (Monthly to 5min) and showing in 1 Chart the TOP-DOWN Trend Monthly MA 2. I would also know if i am in TREND UP or DOWN or RANGE UP or RANGE DOWN and could also do Countertrend Trades. (with some Stoch or RSI) If someone knows how to do this, Thanks for help! The Trend is your friend, if you always know and see what is the trend :) Edited April 26, 2016 by 10suited diabouncer, ⭐ ESVepara, traderin and 1 other 4 Quote Link to comment Share on other sites More sharing options...
10suited Posted April 21, 2016 Author Report Share Posted April 21, 2016 (edited) something similar like this, although there not all color combinations there for ex. UPTREND RANGE, OLIVE, OLIVE-GREEN, OLIVE RED... http://s32.postimg.org/fs8qnw0ad/21_04_2016_14_53_01.jpg so you can always see and know the Monthly Trend in every timeframe and can trade in 4H knowing if its UPTREND, DOWNTREND or RANGE the TOP-DOWN-Trend is the BASIS for every strategie. You can combine it or add on everything you want. Market Profile, Volume or Stoch whatever. This is a way always going with the trend, knowing the trend and find ways to get into early if there is a correction with good risk profit probabilities. the MONTHLY often changes 2-4 times per year, means you get 3-6 month trends only BUY or SELL. BUY over the MA 240, SELL under. Definition RANGE and the 2. BAR LIGHT: If there is a BUYING SETUP in RANGE (OLIVE or GOLDENROD) then the 2.Bar light should go GREEN. Look at the H1 chart for possible buy. If there is a SELLING SETUP in RANGE (OLIVE or GOLDENROD) then the 2.Bar light should go RED. Look at the H1 chart for possible sell. Definition TREND and RANGE: here are the rules: -- H4 (unchanged) -- H4 GREEN BAR : Bid above MA240H4 and MA60H4 H4 OLIVE BAR : Bid is between the two MA but above MA240H4 H4 GOLDENROD BAR : Bid is between the two MA but below MA240H4 H4 RED BAR : Bid is below MA240H4 and MA60H4 -- if "ranging" H4 (OLIVE or GOLDENROD) -- H1 GREEN BAR : Bid is below MA15H1 & Sto722 below 20 H1 RED BAR : Bid is above MA15H1 & Sto722 above 80 -- if "trending" H4 (GREEN or RED) (unchanged) -- H1 GREEN BAR : Bid is above MA240H1 and MA60H1 but below MA15H1 (look for possible buy into the trend) H1 RED BAR : Bid is below MA240H1 and MA60H1 but above MA15H1 (look for possible sell into the trend) in UPTREND you should ONLY BUY! in DOWNTREND ONLY SELL! in RANGE you can do Range Trades or Countertrades the BIG Line is the 240 in H4. now you have the Definition what a TREND is and you can align your Trades to every situation. Edited April 27, 2016 by 10suited ⭐ ESVepara, arya and traderin 3 Quote Link to comment Share on other sites More sharing options...
⭐ JDizzle22 Posted April 23, 2016 Report Share Posted April 23, 2016 Send me a PM, I don't think it should be too difficult to program Quote Link to comment Share on other sites More sharing options...
jff1713006937 Posted April 24, 2016 Report Share Posted April 24, 2016 interesting :) Quote Link to comment Share on other sites More sharing options...
10suited Posted April 27, 2016 Author Report Share Posted April 27, 2016 JDizzle22 please check you inbox, cant send you pm because of exceeding limit msg quota, thx. Quote Link to comment Share on other sites More sharing options...
jff1713006937 Posted April 28, 2016 Report Share Posted April 28, 2016 Dont forget to share if things go well ;) Quote Link to comment Share on other sites More sharing options...
10suited Posted April 28, 2016 Author Report Share Posted April 28, 2016 JDizzle22 is working on it, he will share it for us when everything works fine.. ivan2007007, ⭐ flipper26, traderin and 2 others 5 Quote Link to comment Share on other sites More sharing options...
⭐ JDizzle22 Posted May 5, 2016 Report Share Posted May 5, 2016 JDizzle22 is working on it, he will share it for us when everything works fine.. Here is the indicator I have been working on with 10suited, so if you have questions on how to use it in trading, those questions should not be directed toward me as I just did the coding: https://www.sendspace.com/file/tvg6we admis, zoheb, ⭐ traderkx and 7 others 10 Quote Link to comment Share on other sites More sharing options...
10suited Posted May 5, 2016 Author Report Share Posted May 5, 2016 Thank you JDizzle22 for helping and coding this indicator. for a better understanding how it is working i add some thoughts.. 2 MA lines: the 240 which is the monthly trend line and the 60 which is the weekly trend line. The colored Bars are always reflecting that in the chart, so you know and see the overall Top-Trend. When price is above both you have an UT and you buy only. The bar on the right side of the screen will be green. You can trade H1 or M30 to find a good entrance Sells will have a red bar; price is below both the 240 and 60 lines. This is a DT and we will look to sell only. When an UT is finished for now it will come back inside the 60 MA line. You can now trade either ways buy or sell based on the STO7 signal. The 60 or 240 lines can become your SL line Color is now an Olive color showing that an UT is now ranging or reversing. Once you see the 60 MA broken by price action, price will usually stall at this point so you can begin to look both ways to trade. When a DT is finished or stalls price will come back inside the 60 MA and you will get a goldenrod color. You can look to trade both ways when this happens. Again the 60 and 240 will make good SL points. Sometimes you will get a real strong move and price will just shoot right through both lines into the other direction. Also sometimes the 240 and 60 will be tight together signifying the market is fairly dead and you are just playing a 50/50 guess game if you trade. So the rules are simple: 1.Green--buy you are in an UT 2. Red--Sell you are in a DT. 3. Olive--UT done for now price will range for a while or reverse. It may also rally a couple of times first but there won’t be new highs. 4. Goldenrod--DT is done for now and price will range or reverse. It may dip a couple of times first though but there won’t be new lows. I like the 4H chart so I will look for my entrances there most of the time. However, you can still look at lower TF to enter and exit from. No matter what TF you go to the color bar always reflects what price is doing on the 4H chart. ⭐ traderkx and ⭐ flipper26 2 Quote Link to comment Share on other sites More sharing options...
PeterWer Posted December 19, 2016 Report Share Posted December 19, 2016 Hello, it is possible to upload this one again? Best christmas wishes, Peter ⭐ traderkx 1 Quote Link to comment Share on other sites More sharing options...
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