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ARKA Logical Trader vL MT4

5

This indicator is based on Mr. Mark Fisher's ACD strategy, based on the book "The Logical Trader."

- OR lines
- A lines
- C lines
- Daily pivot range
- N days pivot range
- Customizable trading session
- Drawing OR with the desired time Drawing levels A and C based on daily ATR or constant number
- Possibility to display daily and last day pivots in color zone
- Displaying the status of daily PMAs (layer 4) in the corner of the chart
- Show the order of daily pivot placement with multi-day pivot (layer 2)
- Possibility to change the percentage of ATR for levels A and C
- Draw PMAs on The Daily Time Frame


Strategy summary (This implementation):

There is 3 main concepts, each of which represented as two price levels.

1) OR (Opening Range) is the range of the first bar of the day. In other words, it's just "high - low" of the first resolution (usually 15min.) bar of the day. So, OR lines (DarkTurquoise color) visualize this range for each trading session.

As stated by Mark Fisher in his book, this range is meant to be a statistically significant range such that when price breaks the range in one direction, This is UNUSUAL to infiltrate it again AND break through the other side. So we can consider it as a potential enter signal (long or short).

2) A lines (RoyalBlue color) are drawn above and below OR lines with difference of 10% 0f 10 days ATR. The ATR period and the A multiplier (usually 10%) is customizable.

3) C lines (LightYellow color) are drawn above and below OR lines at 15% of 10 Days ATR difference. These lines help detecting AND confirming that UNUSUAL situation.

These concepts form the layer 1, which you can spot potential opportunities with it.

These two ranges, "Daily pivot range" and "N days pivot range", form the layer 2, which you can see them as two dynamic support/resistance ranges - one for daily, and the other for N days. They help filtering opportunities spotted from layer 1.

Comentarios 2
RvdHo
226
RvdHo 2023.08.23 05:26 
 

This is a very useful tool for trading Fisher's ACD system.Thanks!

Wei Liu
119
Wei Liu 2023.08.07 11:51 
 

thankts!

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¡Descubra el secreto para el comercio de Forex exitoso con nuestro indicador MT4 personalizado! ¿Alguna vez se ha preguntado cómo lograr el éxito en el mercado de Forex, obteniendo ganancias constantemente al tiempo que minimiza el riesgo? ¡Aquí está la respuesta que ha estado buscando! Permítanos presentar nuestro indicador MT4 patentado que revolucionará su enfoque para el comercio. Versatilidad única Nuestro indicador está especialmente diseñado para usuarios que prefieren las formacio
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STE S.S.COMPANY
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El indicador Trend Line Map es un complemento para Trend Screener Indicator . Funciona como un escáner para todas las señales generadas por el evaluador de tendencias (Trend Line Signals). Es un escáner de líneas de tendencia basado en el indicador de evaluación de tendencias. Si no tiene el indicador Trend Screener Pro, Trend Line Map Pro no funcionará. Al acceder a nuestro blog MQL5, puede descargar la versión gratuita del indicador Trend Line Map. Pruébelo antes de comprar, sin las res
Black dragon indicator
Ramil Minniakhmetov
4.86 (133)
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NAM Order Blocks
NAM TECH GROUP, CORP.
5 (1)
Indicador de detección de Order Blocks multitimeframe para MT4. Características - Panel de control totalmente personalizable, proporciona una interacción completa. - Oculta y muestra el panel de control donde quieras. - Detecta OB en múltiples marcos de tiempo. - Permite seleccionar la cantidad de OB para mostrar. - Interfaz de usuario de diferentes OBs. - Diferentes filtros de OBs (regulares, rejection y sin capitalizar). - Alerta de proximidad de OBs. - Líneas ADR High y Low. - Servicio de not
AW Trend Predictor
AW Trading Software Limited
4.74 (39)
La combinación de niveles de tendencia y ruptura en un sistema. Un algoritmo de indicador avanzado filtra el ruido del mercado, determina la tendencia, los puntos de entrada y los posibles niveles de salida. Las señales indicadoras se registran en un módulo estadístico, que le permite seleccionar las herramientas más adecuadas, mostrando la efectividad del historial de señales. El indicador calcula las marcas Take Profit y Stop Loss. Manual e instrucciones ->   Aquí   / Versión MT5 ->   Aquí Cóm
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Yury Orlov
4.7 (226)
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The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend. The Fisher Transform is a technical indicator that normalizes asset prices, thus making turning points in price clearer. Takeaways Turning poi
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This Indicator is based on Mr. Dan Valcu ideas. Bodies of candles(open-close) are the main component used to indicate and assess trend direction, strength, and reversals. The indicator measures difference between Heikin Ashi close and open. Measuring the height of candle bodies leads to extreme values that point to trend slowdowns. Thus quantifies Heikin Ashi to get earlier signals. I used this indicator on Heiken Ashi charts but, it's possible to choose to calculate Body size based on
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This indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second i
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The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend. The Fisher Transform is a technical indicator that normalizes asset prices, thus making turning points in price clearer. Takeaways Turning poi
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This Indicator is based on Mr. Dan Valcu ideas. Bodies of candles(open-close) are the main component used to indicate and assess trend direction, strength, and reversals. The indicator measures difference between Heikin Ashi close and open. Measuring the height of candle bodies leads to extreme values that point to trend slowdowns. Thus quantifies Heikin Ashi to get earlier signals. I used this indicator on Heiken Ashi charts but, it's possible to choose to calculate Body size based on
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This indicator idea comes from Tushar Chande called Qstick. Technical indicators quantify trend direction and strength in different ways. One way is to use the difference between close and open for each bar and to sum it up over a period of time. The formual is: Qstick (period ) = Average ((close-open ), period ) In this indicator, we can choose how to calculate body by two famous chart types. The first and default indicator settings are based on Heiken Ashi chart, and the second i
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This indicator is designed based on Mr.   WD   Gann's square of nine methods. Using this indicator, we can enter the desired   pivot   price and, based on the coefficient we assign to it, extract 8   support and resistance   numbers with 8 angles of 45, 90, 135, 180, 225, 270, 315, and 360. Calculates 8   support and resistance   points and draws   support and resistance   lines. The coefficient is to triple the number of executions. To select   pivot points   in which a price is a lar
The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend. The Fisher Transform is a technical indicator that normalizes asset prices, thus making turning points in price clearer. Takeaways Turning poi
The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset. It also helps show the trend and isolate the price waves within a trend. The Fisher Transform is a technical indicator that normalizes asset prices, thus making turning points in price clearer. Takeaways Turning poi
Filtro:
RvdHo
226
RvdHo 2023.08.23 05:26 
 

This is a very useful tool for trading Fisher's ACD system.Thanks!

Wei Liu
119
Wei Liu 2023.08.07 11:51 
 

thankts!

Respuesta al comentario
Versión 3.40 2023.07.30
A few minor modifications