Thanks to share this Indicator here with us. I think, it is useful for traders who are interested to use Price Action Indicator for forex trading.
Hi Paul75
you're welcome, we will release bi-monthly new re-designed indicators to the forex world and in our forum, because the most lack of a "perfect" alert & notification management and screen features.
best regards
IX
We have coded a new MT4 Forex Trend Catcher Indicator with extended alert and notification management.
Features:
- Displays 3 color lines
- Executes an alert and/or notification by Screen, Mail, SMS, Sound, Voice
- Can be used with any timeframe and symbol
Entry signal:
Fast-If the gold line cross the red line (higher risk, Small Trend)
Confirmed-If the gold line cross the red line and both cross the blue line (Main Trend)
Exit signal:
Gold and red line cross the blue line
If you have any questions, please feel free to contact me.
Best regards
We have merged our Price Action and Trend Catcher Indicator to One system.
Features:
- Displays 2 different indicators with 3 color lines each
- Executes an alert and/or notification by Screen, Mail, SMS, Sound, Voice for each indicator
- Can be used with any timeframe and symbol
Attach 1st IXBONE-1-TrendCatcher-PriceAction-Combo to the chart(s)
Attach 2nd IXBONE-2-PriceAction-TrendCatcher-Combo to the chart(s)
Important: All 4 Trends (2x Small 2x Main Trend) must be shown, if not, market is undecided
Buy Entry:
Trend Catcher: Small and Main Trend must be green
Price Action: Small and Main Trend must be green
Buy Very Fast Exit:
Trend Catcher: Small and Main Trend must be green
Price Action: Small Trend goes red and Main Trend is still green
Buy Fast Exit:
Trend Catcher: Small and Main Trend must be green
Price Action: Small Trend and Main Trend are red
Buy Exit:
Trend Catcher: Small and Main Trend must be red
Price Action: Small and Main Trend must be red
(Check for new Sell)
Sell Entry:
Trend Catcher: Small and Main Trend must be red
Price Action: Small and Main Trend must be red
Sell Very Fast Exit:
Trend Catcher: Small and Main Trend must be red
Price Action: Small Trend goes green and Main Trend is still red
Sell Fast Exit:
Trend Catcher: Small and Main Trend must be red
Price Action: Small Trend and Main Trend are green
Sell Exit:
Trend Catcher: Small and Main Trend must be green
Price Action: Small Trend and Main Trend must be green
(Check for new Buy order)
Exit strategies depending always on Traders discretion!
If you have any questions, please feel free to contact me.
Best regards
nice good work !
Post same test please !
nice good work !Post same test please !
thanks!
tests? each trader have its own trading style, like tp, sl, ts, lots, trading time and so on...
Best regards
Hi,
we have new version of trend catcher & price action indicators available,
please be free to use always the latest version.
Best regards
Michael
Pls advise the new version.
Danke schon Austrian,
I habe ein wenig problem how to interpret the spaghetti indy but get use to it. I will test it.
Cheers Hermes
Danke schon Austrian,
I habe ein wenig probleme mit die spaghetti aber ich will get use to it. Ha, ha, ha...
Tschuss
Hermes
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We have coded a new Forex Price Action indicator with extended alert and notification management.
Features:
- Uses 3 Moving Averages instead of original 2
- Calculates with High, Low, Open and Close
- Displays 3 color lines
- Executes an alert and/or notification if the fast and medium MA crosses by Screen, Mail, SMS, Sound, Voice
- Can be used with any timeframe and symbol
if you have any questions, please feel free to ask me.
best regards
IX