Metastock formula swing trade

Metastock formula swing trade

Author: bukachuk Date: 19.06.2017

Thanks for sharing those swing indicators charlie. Share Topic Printable Version.

I have a swing indicator formula, that I often use in MS. Add medium to long average, trading only in direction of that larger trend. Those formulae both are from the book "Trading Triads" the author is Felipe Tudela , that I bought some months ago.

Double-Bottom Swing-Trading with isycihe.web.fc2.com Data

I found that there are some much better ways to trade those swing reversals triads , than to use any MAs or other tecnical indicators. I dont use them at all, I am more a price action guy: Could you pleace write the ribbon for me, red for downtrend, blue for uptrent?

The triads are looking very interesting with HMAs: I found also that adding hma 50 hepls to filter out many bad trades, try it and I'll be happy if you like it.

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I was retesting various fractal definitions to see if I could find an improvement on John Crane's action reaction pivot point method, and had another look at Tudela's Triad definition. So it is not actually an indicator for a swing but the bar after a fractal or pivot point. I had previously color coded the fractal bars in Bullcharts when the book came out but I did not really find them useful at the time so stored the indicator away.

But this time in playing around with the code I added two lines using Tudela's code and the additional lines now colour code the continuation or swing bars leading into and after his triad definitions so they show similar thing to resultant trend or swing as Tudela would define a Swing. The two extra lines are just adapting his original Triads So you can play around with this. There are black bars not colour coded and this seems to arise as they reflect inside bars or outside bars which Tudela's code does not deal with.

I will post a chart and then the code so you can play around with it further. Seems to be usual problem loading images so here is code: You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum.

SWING REVERSAL UP m1: Here's a ribbon for the Hull dual moving averages.

metastock formula swing trade

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