Momentum Prorealtime Strategies Introduction A few weeks ago I recommended picking up the free systems that Artificall was providing for signing up to his newsletter with a view to either using or modifying them. The five Prorealtime codes were a little basic given the development principles in his E-Book “Get […]
IF OpenTime = 140000 Then MyHighest = high MyLowest = low Endif If OpenTime > 140000 and OpenTime <= 160000 Then MyHighest = max(MyHighest,high) MyLowest = min(MyLowest,low) Endif
The indicator shows higher highs, higher lows, lower highs, lower lows along with pivot support and resistance levels and is a great tool both for manual and automated trading HH HL LL LH Levels Final Automated Trading Ideas: 1 Reversal patterns 2 Breaks of support/resistance 3 Retests of breaks (getting […]
Trendline break – Indicator Code Overview Of Code And Return Signal For Use In ProOrder Trading Systems
True Range Break Out Signal Average True Range Investopedia Definition This indicator looks for a candle stick that has a height(range) greater than those in the average over a define period times a multiplier, the idea being that a value above 2*ATR for example is statistically significant indicating a break […]
What Is An ABCD Pattern? The ABCD Pattern uses Fibonacci values to determine potential reversal zones in which there is a high chance of a change of market direction. Once identified such patterns can create high reward to risk opportunities when trading forex and indices across multiple time frames. An […]
Overview Often with Prorealtime Trading Systems a number of indicators are combined to create an entry signal with a couple of filters added to only take them at certain times or above technical levels but sometimes and indicator can require confirmation. Such examples include the Harmonic Trading Patterns whose signal […]
Daily Highs And Lows // calculate daily high/low (include sunday values if available) dailyHigh = DHigh(1) dailyLow = DLow(1) previousDailyHigh = DHigh(2) Weekly Highs And Lows // calculate weekly high If DayOfWeek < DayOfWeek[1] and lastweekbarindex = 0 then lastWeekBarIndex = BarIndex else if DayOfWeek < DayOfWeek[1] then weeklyHigh = […]
SHI – Simple Harmonic Index RB The simple harmonic index is an oscillator that can be used to validate entry points for harmonic trading patterns You are unauthorized to view this page.
The Gartley Pattern dates back to 1932 and use Fibonacci values to determine potential reversal zones in which there is a high chance of a change of market direction. Once identified such patterns can create high reward to risk opportunities when trading forex and indices. This is a pattern that […]
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