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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.

Avis 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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Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
Tout d'abord, il convient de souligner que cet outil de trading est un indicateur non repeint, non redessiné et non retardé, ce qui le rend idéal pour le trading professionnel. Cours en ligne, manuel utilisateur et démonstration. L'indicateur Smart Price Action Concepts est un outil très puissant à la fois pour les nouveaux et les traders expérimentés. Il regroupe plus de 20 indicateurs utiles en un seul, combinant des idées de trading avancées telles que l'analyse du trader Inner Circle et les
ACTUELLEMENT 26% DE RÉDUCTION La meilleure solution pour tout débutant ou trader expert ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons incorporé un certain nombre de caractéristiques exclusives et une nouvelle formule. Avec seulement UN graphique, vous pouvez lire la force de la devise pour 28 paires Forex ! Imaginez comment votre trading va s'améliorer parce que vous êtes capable de repérer le point de déclenchement exact d'une nouvelle tendan
Ultimate Gold Advisor pour MetaTrader 4 L'Ultimate Gold Advisor est un outil technologique avancé conçu pour optimiser l'expérience de trading sur MetaTrader 4. Créé pour répondre aux besoins des traders expérimentés, cet indicateur combine précision, analyse sophistiquée et fonctionnalité polyvalente, offrant un soutien pour des décisions de trading éclairées. Idéal pour le trading de l'or, mais applicable à une large gamme d'actifs, l'Ultimate Gold Advisor peut vous aider à améliorer vos stra
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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
FREE
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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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
FREE
HaDelta
Aren Davidian
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
FREE
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 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
FREE
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
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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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Version 3.40 2023.07.30
A few minor modifications