BigTrendTrapSignal
BTT is a trend indicator signal indicator. The algorithm is based on the principle of price movement - a trend to roll back - the entrance. The indicator gives a signal to enter the market and signal to the partial or total orders fit. The indicator works on all timeframes, and with almost all the instruments.
The indicator does not draw or delayed
The indicator can not be considered independent trading system. When passing the flat there are losing trades, that is more than compensated with lovlennym trend. In addition, filters are required for it. In particular, I use MA. In all of this, the indicator gives a huge percentage of correct signals and helps to catch a lot of traffic.
Trading Strategy (Recommendations for use)
Short-term:
- Enter the market, when the MA formed and BTT trend indicator gives a signal (arrow) to enter the market.
- Exit the market when BTT indicator gives a signal (arrow) on the order fixation.
- Only the first work formed of motion signals.
Long-term:
- Enter the market when MA changing trends and BTT indicator gives a signal (arrow) to enter the market.
- When the signal at the fixation / partial order fixation - close the portion of the order, to the residue accompany the return signal. Signals on new refill indicator BTT short stop.
Feet:
- Nearest minimum / maximum.
- Reverse indicator signal BTT + reverse patern MA.
Additionally:
- Indicator perfectly complements the work with trend lines, lines of support / resistance.
- Not trade before the release of significant news (1 hour before and 1 hour after). Do not trade during high volatility.
- Do not forget to transfer without loss and trail the stop.
settings
- Big_Trend_Trap_Intensity = 4; - Calculation period / the number of bars to calculate the indicator
- sell_level = 0.99; - sell_level / level for SELL
- buy_level = 0.01; - buy_level / level BUY
- sell_level_trend = 0.93; - sell_level_trend / level for SELL
- buy_level_trend = 0.07; - buy_level_trend / level BUY
- Sound = true; - Sound / audio notification
- alert = true; - alert / notification of the alert window
- SoundFileBuy = "alarm.wav"; - SoundFileBuy
- SoundFileSell = "alarm.wav"; - SoundFileSell
- SoundFileCloseBuy = "alarm.wav"; - SoundFileCloseBuy
- SoundFileCloseSell = "alarm.wav"; - SoundFileCloseSell
- Cod_Arrows_SUp = 71; - Cod_Arrows_SUp / arrow code signal buy
- Cod_Arrows_SDn = 72; - Cod_Arrows_SDn / Kostrelki signal sell
- Cod_Arrows_SUp2 = 34; - Cod_Arrows_SUp2 / arrow code signal buy
- Cod_Arrows_SDn2 = 34; - Cod_Arrows_SDn2 / Kostrelki signal sell
- DnColor = clrGold; - DnColor / color arrow SELL
- UpColor = clrSpringGreen; - UpColor / color arrows BUY
- DnColor2 = clrGold; - DnColor2 / color arrow SELL
- UpColor2 = clrSpringGreen; - UpColor2 / color arrows BUY
- Arr_Dist_DN = 30; - Arr_Dist_DN / distance for arrow Dn
- Arr_Dist_UP = 30; - Arr_Dist_UP / distance for the Up arrow
- Arr_Dist_UP2 = 40; - Arr_Dist_UP2 / distance to stops Up2
- Arr_Dist_DN2 = 40; - Arr_Dist_DN2 / distance to stops Dn2
- Arr_width = 1; - Arr_width / arrows Thickness
- Arr_width2 = 1; - Arr_width2 / arrows Thickness
- Normalize = 1; - Normalize / rounding calculations
- delta1 = 450; - delta1 / delta divergence MA
- delta2 = 250; - delta2 / Delta to calculate the probability of regression
- ExtPeriodFastMA = 96; - ExtPeriodFastMA
- ExtPeriodFiltrMA = 128; - ExtPeriodFiltrMA
- ExtPeriodSlowMA = 210; - ExtPeriodSlowMA
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