MTF Precise Price Action Arrow Filtered
- Indicators
- Anon Candra N
- Version: 4.90
- Updated: 26 August 2024
- Activations: 20
If you often lose trades because you only use one indicator, then try this trading tool. This trading tool uses more than one indicator. I often observe traders who only use the RSI indicator. Very often the market is oversold but still down or the market is overbought but still up. For this reason, you need to use more than one indicator. Introducing the new version V 4.90 MTF PPAAF : Multi Time Frame Precise Price Action Arrow Filtered. This trading tool uses various indicators to strengthen the direction of market movement.
The first indicator used in this trading tool is Dual Stochastic. Here, I use two Stochastics, namely Fast Stochastic and Slow Stochastic. In Fast Stochastic there is a Fast Stochastic main line and a Fast Stochastic signal line. Likewise, in Slow Stochastic there is a Slow Stochastic main line and a Slow Stochastic signal line. The intersection/crossover of the main line and signal line will form up and down arrows.
The second indicator is Dual Double RSI, namely fast RSI and slow RSI. The intersection of the two will form an up and down arrow.
The third indicator is Dual Double CCI, namely fast CCI and slow CCI. The intersection of the two will form an up and down arrow.
The fourth indicator is Dual MACD. Similar to dual Stochastic, here there are Fast MACD and Slow MACD. In Fast MACD there is a Fast MACD main line and a Fast MACD signal line. Likewise, in Slow MACD there is a Slow MACD main line and a Slow MACD signal line. The intersection of the main line and signal line will form up and down arrows.
The fifth indicator is Six MA. Here I use six moving average lines, namely MA 1,2,3,4,5,6. The intersection of the MA 1 line with MA 2, the MA 3 line with MA 4 and the MA 5 line with MA 6 will form up and down arrows.
The sixth indicator is RSIMA. As the name suggests, here the up and down arrows are determined by the intersection of the RSI line with the moving average (MA) line. If RSI > MA then the arrow is up and vice versa.
The seventh indicator is CCIMA. As the name suggests, here the up and down arrows are determined by the intersection of the CCI line with the moving average (MA) line. If CCI > MA then the arrow is up and vice versa.
Based on the results of my research, many traders lose because they only use one indicator.
That's why I created this trading tool. The seven indicators that I have explained above will strengthen the direction of market movement.
Then, to see market movements in real time, I have added various TOP features :
1. Real time 9TF dashboard monitor. With this feature, you will see market movements in real time starting from the 1 minute time frame to the MN1 time frame. In the dashboard you will be able to see whether the main line is greater than the signal line or not, whether the fast RSI line is greater than the slow RSI line or not, whether the RSI line is all up or not, etc. You can also see whether the Stochastic, RSI and CCI levels are overbought or oversold. Knowing the OBOS (overbought oversold) level is very important.
2. On chart features. Monitoring visually is important. For this reason, I added the On chart Dual Stochastic, On chart Four MA and On chart Dual Double RSI features. For your information, placing stochastics in the chart window is more accurate than placing stochastics in the sub window. Observing the intersection of the main line and signal line in real time in the chart window will make you confident in determining entry points and exit points. My principle is buy low sell high. Please remember that principle.
3. This trading tool can display ATF (all time frame) crossover arrows :
- Show ATF DCCI, namely Fast CCI x Slow CCI
- Show ATF Stochastic, namely Stochastic main line x Stochastic signal line
- Show ATF MACD, namely MACD main line x MACD signal line
- Show ATF MA 1x2, namely moving average 1 x moving average 2
- Show ATF MA 3x4, namely moving average 3 x moving average 4
- Show ATF MA 5x6, namely moving average 5 x moving average 6
- Show ATF DRSI, namely Fast RSI x Slow RSI
- Show ATF RSIMA, namely RSI x MA
- Show ATF CCIMA, namely CCI x MA
4. Dashboard Trend Bar 5 Bar Ago (DFBA). There are five trend bars that you can observe. The rightmost trend bar is the latest real time trend bar (0). Followed by the previous trend bar (1,2,3,4). This trend bar is useful for observing changes in the direction of market trends from the previous time frame to the current time frame.
5. Trend Following STF (selected time frame). Here you can choose the time frame according to your wishes. If two lines cross each other, an arrow appears. Plus the trend following arrow will appear if the angles of the two lines are all positive (UP) or all negative (Down).
6. Dual Pivot All Time Frame. Pivot levels act like S & R, namely Support and Resistance.
7. Replay System. With this feature you can go back in time, observing the condition of the 9TF dashboard on a certain day and time. Suppose you want to analyze why at 2023.10.11 14:21:30 the market sells. To use this feature, open your Meta Trader 4 chart in a lower timeframe, for example M5.
8. Candle HTF (High Time Frame). With this feature you can see market movements in the high time frame (for example H1) when you open the chart in the lower time frame (I like opening it at M5).
9. TSPI (Time Spread Profit Info). With this feature you can see in real time the current time, spread, profit/loss and percentage of profit/loss.
10. On/off button feature. With this feature you can show or hide this trading tool with just one click. Interesting right?
11. 20 dashboard color schemes that you can choose from. With this feature, you can choose a dashboard color that matches the color of your chart.
12. Customizable parameter. All parameters used in calculating indicators can be adjusted according to your wishes. You can use stochastic parameters 14,3,3 or 5,3,3 etc. Or you use the default settings.
13. MTF, namely Multi Time Frame. You can set a time frame according to your wishes. For example, you want to activate the dual stochastic on chart feature on the M5 and H1 time frames. You can!
14. Non Repaint Arrows (NRPA). If two lines intersect at any time then the crossover arrow will appear. Very often, because of high volatility, in the following seconds and minutes, the two lines do not intersect. As a result, the arrow that appeared earlier then disappeared. This is a very important feature. Remember that during high volatility, the arrow that was previously up can become down. The arrow that had previously appeared could disappear in an instant. That's why my message is to validate using the real time 9TF dashboard monitor!
15. Dual MTF Belt Trend. You can set a time frame according to your wishes.
16. Triple MTF Cloud Histo. You can set a time frame according to your wishes.
17. Triple MTF Confluence Multi Mode.
18. Trend Bar 3TF RSIMA/CCIMA.
19. Trading in the zone.
Using only one trading indicator is not very convincing. That's why we combine several indicators to strengthen our analysis on market direction.
🟡 Learn old version here :
▶️ V 4.40 ▶️ V 4.10 ▶️ V 4.00 ▶️ V 3.90 ▶️ V 3.80 ▶️ V 3.70 ▶️ V 3.60 ▶️ V 3.50 ▶️ V 3.40 ▶️ V 3.30 ▶️ V 3.20 ▶️ V 3.10 ▶️ V 3.00 ▶️ V 2.90 ▶️ V 2.80 ▶️ V 2.70 ▶️ V 2.60 ▶️ V 2.50 ▶️ V 2.40 ▶️ V 2.30 ▶️ V 2.20 ▶️ V 2.10 ▶️ V 2.00 ▶️ V 1.90 ▶️ V 1.80 ▶️ V 1.70 ▶️ V 1.60 ▶️ V 1.50 ▶️ V 1.40 ▶️ V 1.30 ▶️ V 1.20 ▶️ V 1.10There are 13 total modes to chose:
- 1. Show ATF RSIMA
- 2. Show ATF CCIMA
- 3. Show ATF DCCI
- 4. Show ATF FDSTOCH
- 5. Show ATF SDSTOCH
- 6. Show ATF FDMACD
- 7. Show ATF SDMACD
- 8. Show ATF MA 1x2
- 9. Show ATF MA 3x4
- 10. Show ATF MA 5x6
- 11. Show ATF FDRSI
- 12. Show ATF SDRSI
- 13. Show Normal Mode
This indicator has gone through a series of trials. The programming codes have been written with great care.
Make confident entries with the best Non Repaint Price Action trading indicator MTF PPAAF.
Get now and trade like a pro.
Thank you.
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