TradingView
riffster21
4 Nis 2017 08:43

4X Global Trend Signal 

FX:GBPUSD30
British Pound/U.S. DollarFXCM

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NOTE: This is an invite-only script for paying 4X Global Members.

When you request access, please provide your 4X Global username. I cannot provide access until I cross-check your 4X Global account to verify that you have one and that it is active.

If you are not a 4X Global member and want access; a 4X Global Membership is only $19 per month. You can read more: Click Here

I had 4X Global code this indicator based on several of their tools. This indicator is a combination of several 4X Global data sources. When all of the sources confirm a trend (based on my criteria), the indicator draws a 'buy' or 'sell' label on the chart. This is a very simple indicator to use and it's darn accurate. I may automate it at some point.

This indicator does NOT repaint, but it will flash on/off during the current bar until it closes. Do NOT enter a trade until the current bar closes with a signal. You enter at the open of the succeeding candle (i.e. the candle immediately after the signal candle).

There is only one variable to adjust; 'Risk'. When you increase the Risk variable, you are increasing your trading risk because the indicator will not respond as fast. However, I have found that higher settings filter out the noise better.

For me, the sweet spot seems to be on the 30 minute chart with a Risk value of '24'. If you find additional 'sweet spots' for this indicator, please share them with your fellow 4X Global members.

Please direct any/all support question to me. I will do my best to answer them.

This is not investment advice, just my opinion(s). Please trade accordingly.

Trade safe and keep an eye on news.
trendsignal4xglobal
Yorumlar
Shenl0ng
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RISK= input(title="RISK", type=integer, defval=28)
value10=12+RISK*2
value11=value10
x1=67+RISK
x2=33-RISK

This setting has work for me very good to identify Mayor resistance and support
akashsatav1817
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I want a like 4X global trend signla. Few or free?
ACPL10
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Hi, Please do something so the SHAPES for BUY & SELL can be used for ALERTS. Currently, it is not helping for us to save the SHAPES as ALERTS. Thanks in advance.
mikeey43
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HELLO...PLEASE ADD ME...USERENAME MIKEEY 43 AND MEMEBER OF 4X GLOBAL
riffster21
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@mikeey43, You have been added. Please send a PM next time, I almost missed your message :D
ktuck
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Hi Riffster,
I am lifetime member of 4x global, user tuckmiser, I believe you gave me access to market barometer already, do I have access to others like the xmeter
thanks
riffster21
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@ktuck, Yes, you have access to all of the indicators.
samvox
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Hello,
excuse me, I'm a lifetime member of 4XGlobal (4XGlobal username samvoxx). How can I obtain your tools?
Thank you
samsam010
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Line 77 and 86 should be changed to ' dn '
Line 88 and 97 to ' up '

If you add the following 2 lines to the study, you can use alerts:

alertcondition(up, title='Long', message='Long')
alertcondition(dn, title='Short', message='Short')

---
I like the script, so i made a strategy for this script to test it. I will be adding some features soon to optimize it.

//@version=2
strategy("[STRAT] Trend Signal", overlay=true)
RISK= input(title="RISK", type=integer, defval=14)
value10=3+RISK*2
value11=value10
x1=67+RISK
x2=33-RISK

range(length) =>
sum = 0
for i = 1 to length-1
sum := sum + abs(high-low)
sum / length

MRO1(length, range) =>
true_count = 0
counter = 0
for i = 1 to length-1
x = if abs(open-close[i+1]) >= range*2.0
true_count := true_count + 1
counter = i
break
mro = if true_count >= 1
counter
else
-1
mro

MRO2(length, range) =>
true_count = 0
counter = 0
for i = 1 to length-1
x = if abs(close[i+3]-close) >= range*4.6
true_count := true_count + 1
counter = i
break
mro = if true_count >= 1
counter
else
-1
mro

wpr(length) =>
upper = highest(length)
lower = lowest(length)
out = 100 * (close - upper) / (upper - lower)
out

rng = range(10)
mro1=MRO1(10,rng)
mro2=MRO2(7,rng)

rez = if mro1>-1
3
else
value10

value11:=rez
rez1 = if mro2>-1
4
else
value10
value11:=rez1

value2 = 100-abs(wpr(value10))

Table_value2=value2

notset=false
ii1 = 1
for i1 = 1 to 300
if ((Table_value2[i1] < x2 or Table_value2[i1] > x1) and notset==false)
notset:=true
ii1 := i1

z=Table_value2[ii1]
dn = if value2 < x2
if Table_value2[ii1] > x1
ii1
else
0
else
0


plotshape(dn, style=shape.labeldown, location=location.abovebar, size=size.normal, color=aqua, text="Sell")

up = if value2 > x1
if Table_value2[ii1] < x2
ii1
else
0
else
0


plotshape(up, style=shape.labelup, location=location.belowbar, size=size.normal, color=aqua, text="Buy")

strategy.entry("enter long", true, 1, when = up > dn)
strategy.entry("enter short", false, 1, when = dn > up)
riffster21
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Since this is my indicator, I decided to just release it as an open script. I can't edit the original post (idea bump to TradingView), but you should be able to add this indicator without permission. I didn't want to hassle with moderation.
Daha Fazla