Forum on trading, automated trading systems and testing trading strategies
Market Condition Evaluation based on standard indicators in Metatrader 5
newdigital, 2013.09.01 21:06
This my post? red dotted lines are for possible sell stop trade, blue dotted lines are are possible buy stop ...
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Anyway - I just copied some latest summary from this thread :
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Market Condition Evaluation
story/thread was started from here/different thread
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Market condition
- the theory with examples (primary trend, secondary trend) - read staring from this post till this one
- Summary about market condition theory is on this post
- Practical examples about every market condition case by indicators: starting from this page till this one
- trendstrength_v2 indicator is here,
- AbsoluteStrength indicator new version is here
- AbsoluteStrength indicator old version is on this post
- AbsoluteStrengthMarket indicator is here to download.
- good feature in Metatrader 5: moving stop loss/take profit by mouse on the chart (video about howto)
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3 Stoch MaFibo trading system for M5 and M1 timeframe
- trading examples
- template to download
- explanation how to trade and more explanation here
- how to install
- 2stochm_v4 EA is on this post.
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PriceChannel ColorPar Ichi system.
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MaksiGen trading system
- indicator to download
- some explanation about the system in general how to use
- Trading examples with MT5 statement, more trading is here.
- Paramon trading system iis on this post; How to trade the system - manual trading with live examples - read this page.
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Merrill's patterns are on this page.
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Divergence - how to use, explanation and where to read about.
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Scalp_net trading system
- template/indicators and how to use are on this comment.
- scalp_net_v132_tf EA is on this post with optimization results/settings for EURUSD M5 timeframe
- possible settings #1 for this EA for EURUSD M5 timeframe with backtesting results is on this post.
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MTF systems
more to follow ...
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MA Channel Stochastic system is here.
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Ichimoku
- The theory of the signals
- Ichimoku alert indicator with arrows
- Ichimoku alert indicator improved : warning alert mode was fixed and autosettings feature was added
Good day Mr Sergey.
I'm interested in the " MaksiGen_Range_Move MTF " indicator which you have shared, I would like to as is it possible that I may have " MaksiGen_Range_Move MTF " for MT4?
As I have read from one of your thread that Mr Igorad was the one who converted the " MaksiGen_Range_Move MTF " MT4 to MT5.
I like the yellow line for price action.
Thank you.
This is for MT4 which I found in codebase:
MaksiGen_Range_Move - indicator for MetaTrader 4And more information about how to use it -
Forum on trading, automated trading systems and testing trading strategies
Indicators: MaksiGen_KaHaJI_CkaJIneP
Sergey Golubev, 2016.09.01 17:16
You mean - how to trade it?This indicator is the part of the old well-known trading system.
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Paramon Trading System
The history of the development.
Paramon
is username of the trader who created this system long time ago for
Metatrader 3 (Metatrader 4 and Metatrader 5 did not exist in that time -
it was very long time ago). Paramon named his system Paramon Scalping
(but as we see - it is not real scalping). He did not use any indicators
and he traded just price action only using M5 timeframe charts (MT3).
Later on - the other traders created indicators for MT3 and MT4 to use this system (Maksigen indicators or/and Paramon indicators) just because they could not trade live without any indicator (having just price only on the chart). For now - Paramon indicators were converted to MT5.
Paramon is legendary person and he was the first trader in our Metatrader world who started to trade breakout systems live on real account without any indicators placed on the chart.
We should always remember the people who were the first.
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How to Trade and Free to Download:
Paramon Trading system Part #1 (download indicators and template)
Paramon Trading system Part #2 (How to Trade)
Paramon Trading system Part #2 continuing (Pending order execution and stop loss placing)
Paramon Trading system Part #2 continuing (moving the stop loss by the trailing stop)
Paramon Trading system Part #2 continuing (Breakeven)
You have good commands in indicators and objects that how to use.
Many developers have no idea how to work with that that object or indicator in correct way.
Why you not create a indicator or Expert in Fibonacci and ichimoku?
In many forum you says about these indicators in correct ways.
If you have no demand about these
Tell me i am interested to developed Fibonacci expert or indicators in correct ways from you
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MaksiGen_Range_Move MTF:
The indicator draws support/resistance lines and the trend lines in the chart
Author: Sergey Golubev