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Updated version of : https://ctrader.com/algos/indicators/show/2606
OrglobalFx_Waddah_Attah_Edited_v1_0 Indicator | Algorithmic Forex...
Reference from Waddah Attah Explosion
Waddah Attah based on a different calculation
This indicator is an indicator for cTrader that allows you to move to the date of the past chart you want to see in an instant.
Back in time V1 for cTrader
How to use:
Auto Calculate Lots Size
Custom R numbers
Time Frame Period Separators
Daily Volatility Average
Static Label and Horizon Line
Static Color Text
Profit Pips Today
Upper TF Heikin-ashi Bull Bear
Market High Low
Entry Check List
Custom Bid Ask Line
Display Symbol TF
Market High Low
Auto Calculate Lots Size V2
MTF Bollinger Bands
Auto Calculate RR
MTF OHLCFP Lines Candles Before
Auto Calculate Lots V3.5 自動ﾛｯﾄ計算
Close Panel cBot
E7 KDJ is derived from the Stochastic Oscillator with the only difference being an extra line called the J line. Values of %K and %D lines show if the security is overbought or oversold. The J line represents the divergence of the %D value from the %K.
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The pictures below are examples of a 30min, 1hr and 4hr chart respectively.
⏰ Original source code came from Sergio Raimí Mateos, I've only adapted it to support multiple timeframes.
⏰ Link to the original indicator: https://ctrader.com/algos/indicators/show/2257
Calculations made using a different timeframe will be shown directly in the chart
⏰ This indicator plots 3 lines:
⏰ A useful tool to measure spacing between means, providing a way to identify Mean Reversion trades.
⏰ Serves as a dynamic level of support/resistance.
Found this open-source oscillator online and adapted to C# for cAlgo. It’s a combination of two algorithms applied in a different way.
The first one (set MODE to “1”) analyzes the bullish/bearishness of each bar using OHLC prices then averages all percentages to give the final value (the always sum to 100%). The second one (set MODE to “2”) treats the period group of bars as one bar and then determines the sentiment percentage with the OHLC points of the group. The first mode is noisier but also more accurate, whereas the second mode gives smoother results and adds more weight to the price movement range.
They can be used separately as Mode = 1 and Mode = 2, or combined as Mode = 0.
VSA indicator gives you the opportunity to trade alongwith the Smart Money.
Combining this indicator with Price action will give you an edge in the market.
In Forex, as we have only tick volume available but already the studies revealed that correlation cofficient between trading volume and tick volume is around 0.98, hence good enough to use it in the anlaysis.
There are 5 parameters that can be adjusted based on your strategy.
UltraHigh Vol -- Highest Volume for a defined period (Orange Vol Bars).
High Vol -- Highest Vol for a defined period, should be lesses that the UltraHigh Vol (Blue Vol Bars)
Low Vol -- Lowest Vol for a defined period (Magenta Vol Bars)
Climate Change Vol -- Low Vol for a defined short period, I keep it 2 (Gray Vol Bars).
MA Period -- Simple Moving Average period drawn over the volume histogram.
Follow me on Telegram Channel for trading ideas & updates - https://t.me/for3xscalperchannel
Telegram Group (Unofficial) for discussing about ctrader Bots/Indicators - https://t.me/cTradertools
Also, I am a strategy provider. You can check the details & copy the strategy for stable profits after DYOR.
Strategy Name - Desire
Myfxbook link: http://www.myfxbook.com/members/for3xscalper/desire-ctrader-strategy/7620833
NOTE:- I have just modified the available code/indicator on internet based on my trading style.
Two pips required to turn around as in Renko.
Recalculation of balance lines.
Te next step:
To add a parameter to customize the brick size.
(I think I will continue with these things until I find a girlfriend or get lucky in Euromillions).
(Curiously rounding I get everything squared).
Be happy xD
The indicator only draws the renko chart and its breakeven lines on TFt1 to observe the price action in detail.
It seems to me that the famous trader Bill Williams once said: "If you feed the chickens at the same time every day, even a blind chicken will find its food." Well, sometimes the market seems to take a rest and move in a two pip range over a ten or twelve minute period. Buying in support and selling in resistance, there are always two pips of profit. It doesn't matter which direction the market takes later. You need to consider the commissions and the spread. The number of bullish and bearish positions must be equal. Of course there is always risk. I think Bill Williams was referring to these periods when market supervisors seem to be taking their well-deserved rest. I hope I don't disturb anyone with my peculiar sense of humor. I understand that trading is hard but I think that good humor can extend life.
I only propose this possible strategy as an example so that each one can find their own way. Thank you very much Mr. Williams for your teachings
This indicator helps you see correlations in a table form, with many pairs as needed.
You can select any timeframe and any pair that your platform supports.
Specify the display format to be either decimals (-1 to 1) or percentages (-100 to 100).
Select how many bars you cant to use for correlation.
Highlight the most correlated assets and even the ones that are no correlated at all as you need.
Future updates included.
For bugs reports or other inquiries, please contact:
This is an excellent tool to help identify trend reversals using the cTrader Chaos indicator which can be used by marking Weekly and Daily Support and Resistance lines and counter-trend trading the approaching bounces off those support and resistance lines using the Overbought Extreme and Oversold Extreme signals.
Download by following the links below.
Read the full documentation
Download the indicator
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