Rsi Bar afl covertion

#11
Every indicator is great. But thing is it may not suitable to your trading style. Market is never wrong, wrongs or right are those who try to predict it.

Just go with flow. Try to use MACD and ADX . hen both positive only play long when both in sell only play short.

I have seen complicated afl one I have which have more then 1000 lines. But that gives just fancy look but not guarantee of profit. Check attached image. These two afl are different but check the buy sell and green red bar which are almost at the same time. Peoples just try hard to search for holy grail just to satisfy them self. The main motto is to earn.

johnny

Dear Johnny sir,

These following line can use for macd and adx

_SECTION_BEGIN("Vol-Trend");
uptrend=PDI(20)>MDI(10)AND Signal(29)<MACD(13);
downtrend=MDI(10)>PDI(20)AND Signal(29)>MACD(13);

Plot( 20, /* defines the height of the ribbon in percent of pane width */"",
IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */
styleOwnScale|styleHistogram+styleThick|styleNoLabel, -0.5, 100 );
Plot( 21,"",colorBlack,styleOwnScale|styleArea|styleNoLabel,-0.5, 100 );

uptrend=PDI()>MDI() AND MACD()>Signal() AND (ADX()>20);
downtrend=MDI()>PDI() AND Signal()>MACD();
_SECTION_END();
 

johnnypareek

Well-Known Member
#14
Dear Johnny sir,

These following line can use for macd and adx

_SECTION_BEGIN("Vol-Trend");
uptrend=PDI(20)>MDI(10)AND Signal(29)<MACD(13);
downtrend=MDI(10)>PDI(20)AND Signal(29)>MACD(13);

Plot( 20, /* defines the height of the ribbon in percent of pane width */"",
IIf( uptrend, colorGreen, IIf( downtrend, colorRed, 0 )), /* choose color */
styleOwnScale|styleHistogram+styleThick|styleNoLabel, -0.5, 100 );
Plot( 21,"",colorBlack,styleOwnScale|styleArea|styleNoLabel,-0.5, 100 );

uptrend=PDI()>MDI() AND MACD()>Signal() AND (ADX()>20);
downtrend=MDI()>PDI() AND Signal()>MACD();
_SECTION_END();

Yup . try to experiment with periods of macd and adx.
Chk macd-8-17-8 and 13-34-8

ADX 8 to 14
 
#15
Dear Johnny sir,

now i setup the macd 13-34-8 and adx 14
Rule is,

buy= macd buy mode and adx buy mode with above 20
sell = macd sell mode and adx sell mode with below 20

these conditions right sir,
its for entry signals which one can i follow for the stoploss
 
#16
Dear Johnny sir,

now i setup the macd 13-34-8 and adx 14
Rule is,

buy= macd buy mode and adx buy mode with above 25
sell = macd sell mode and adx sell mode with below 25

these conditions right sir,
its for entry signals which one can i follow for the stoploss
 
#17
Dear Johnny sir,

now i setup the macd 13-34-8 and adx 14
Rule is,

buy= macd buy mode and adx(14)>25 +DI Cross above -DI
sell = macd sell mode and adx(14)>25 -DI Cross above +DI

Are these conditions are right sir?
its for entry signals which one can i follow for the stoploss

and one request

can i possible to get adx buy sell arrow afl mentioned above conditions

from you
 
#18
Dear Johnny sir,

now i setup the macd 13-34-8 and adx 14
Rule is,

buy= macd buy mode and adx(14)>20 +DI Cross above -DI
sell = macd sell mode and adx(14)>20 -DI Cross above +DI

Are these conditions are right sir?
its for entry signals which one can i follow for the stoploss

and one request

can i possible to get adx buy sell arrow afl mentioned above conditions

from you
 

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