Jurik Volatility Bands
Quote from forex-station
- One of the most accurate non-repainting indicators we have used.
- Works in range-bound and trending markets.
- Wide range of Alert options.
- Beginner friendly and easy to use.
- An all-in-one indicator for Scalping, Counter-trend trading, Trend trading and gauging the market's movements.
Room for improvement:
- When counter-trend scalping on the smaller timeframes this indicator can sometimes cause new traders to jump in too early. Rest assured, it's a highly effective trading tool so if you do open a position early you'll find that price will eventually correct and you'll be able to close at break even or in profit.
Anyone know how to use this? how to trade with this?
Attached on chart seem to slow down or hang MT4.
The True Fractals Bands DT AA MTF TT trading indicator is a profitable tool for channel trading strategies built on the use of fractals.In the True Fractals Bands DT AA MTF TT indicator, the channel is drawn on fractals by straight lines consisting of arrows.In the True Fractals Bands DT AA MTF TT indicator, the MTF mode is implemented. In addition, there are several options for displaying the channel, as well as the ability to customize the search for fractals.The channel trading indicator True Fractals Bands DT AA MTF TT can significantly increase the profitability of traders practicing channel trading.
Ichimoku combines a set of trending indicators and projects a unique “cloud” of anticipated resistance and support points to arrive at its take on market activity. As with any set of indicators, specific intersections between the various items produce high-probability trading signals, subject to the trader’s interpretation and bolstered by his experience using this novel tool. Experience has shown that this system works more reliably with longer timeframes, making it more suitable for position, rather than, day traders. The longer periods help to eliminate market “noise”. Trading keys revolve around those instances when pricing candlesticks traverse over and under the various oscillating components. Newcomers often wince, due to the visual complexity presented, but once the newness passes, most appreciate how each part works in unison over time. From a forex perspective, let’s begin by reviewing the 4-Hour chart for the “EUR/USD” currency pair presented below: Here is a brief description of the four component parts presented above: Kumo Cloud: The shaded area represents the “cloud”, which oscillates between orange and red. Transition points are indicative of imminent changes in pricing behavior, but the borders depict projected support and resistance, derived from previous pricing activity. Traders key on those instances when candlesticks pierce the “cloud” or when various indicator lines traverse through the clouded sections; Tenkan-sen and Kijun-sen: These moving averages are calculated from previous highs and lows over 9 and 26 periods, respectively. They behave much like other dual-line scenarios where one line is quicker than the other. The “Green” line, or Tenkan-sen, is the quicker of the two. Trade alerts occur when it intersects with other components, while its slope is sometimes indicative of momentum; Chinkou-span: In this case, current pricing behavior, based on current closing prices, is moved backward 26 time periods. Experience has shown that, if Sellers or Buyers are dominating the action, its relative position to candlestick data indicates a type of market sentiment. Its position relative to the cloud can also be read as either a positive or negative signal, as well. Commentaries on the forex market from Asia typically focus on where the pricing candlesticks are relative to the Kumo Cloud. Conservative traders can use this simple rule to gauge high-probability entries and exits in the forex market, as demonstrated in the annotated example of the same chart shown below: In this example, the entry positions occur when the candlesticks have risen above the cloud and both moving-average lines (Note the two “Green” circles). The exit points are then delivered when the price closes below one of the two indicator lines (Note the two “Red” circles). With this simple trading formula, two favorable trades occurred, but volumes have been written describing a host of other signals that this useful tool can reveal, but more study is required. Of course, no trading system is ever correct all the time. As much as we wish it were not so, the past is never a guarantee of future results, but a trader’s objective is to gain an “edge”. A “60/40” ratio is all that is needed to be successful, but discipline, prudent money and risk management principles, and emotional control can help. If “one view” helps, let Ichimoku guide you.
Dolly GraphicsDolly Graphics 13 This indicator has had a total rebuild and now works with the new extra digit platforms. Some examples of the built in color displays are shown on the above screenshot. Dolly now also has Murrey Math 3 MA displays and Bands plus trading signals and many more features built into the code. Most important is the user needs to check the Allow DLL imports tab and put a Password into the Dolly inputs before it will work.Dolly Graphics v14.ex4Dolly Graphics_v13.ex4Drag & Drop Pending Straddle.ex4Drag & Drop remove TP & SL script.ex4Drag & Drop TP & SL script.ex4DropLabel.ex4DropPrice.ex4