nononsensefx

jiehonglim Aggiornato 

I was perplexed by the lack of continuation signals in trends, so I spent some time looking for a suitable indicator just for that purpose and fast indicators that can provide continuation signals tend to be too noisy as well. I'm always intrigued by QQE (Qualitative Quantitative Estimation), so I QQE-ed almost everything I encountered. After a while, I settled...

jiehonglim Aggiornato 

v2 changes the way the histogram is plotted. Histogram shows the strength and can be used to identify trending or ranging periods.

jiehonglim Aggiornato 

Original ASH code from alexgrover Some changes: - Change the price to SMA with Period of 1 with reference to the original MT4 code - Added a few more MAs

jiehonglim Aggiornato 

Strategy for the NNFX Baseline Script - Moving Averages Does not enter when price is > 1 ATR away. Adapted the "Many Moving Averages" script to VP's NNFX No Nonsense Forex method. Includes: - ATR bands and labels - Price is > 1 ATR away from baseline indication Available MAs "ALMA", "EMA", "DEMA", "TEMA", "WMA", "VWMA", "SMA", "SMMA", "HMA", "Kijun", "McGinley"

jiehonglim Aggiornato 

Credits to @Fractured Adapted the "Many Moving Averages" script to VP's NNFX No Nonsense Forex method. Includes: - ATR bands and labels - Price is > 1 ATR away from baseline indication Without ATR Bands and bar colors Available MAs "ALMA", "EMA", "DEMA", "TEMA", "WMA", "VWMA", "SMA", "SMMA", "HMA", "Kijun", "McGinley"

DasanC

The SSL is a fair entry condition and good exit indicator. It works best when combined with a trend indicator and multiple confirmations. In essence, the SSL is a moving average crossover, which immediately down-grades it to a 2nd or 3rd level of confluence in my opinion. It was recently featured in an episode of VP's "No Nonsense FX", which drove me to recreate...

jiehonglim Aggiornato 

After testing your individual indicators, it's time to build up your algo with additional indicators and further backtest the strategy. Using SSL twice here, faster SSL for 1st confirmation, slower SSL for 2nd confirmation and TDFI for volume validation.

jiehonglim Aggiornato 

After putting the whole system together, sat down to benchmark the various confirmation indicators, shrink it down to backtest individual confirmation indicators. Results for 24 periods way better than 10, then again it's only one pair. :) More details...

jiehonglim Aggiornato 

My first script, be kind :) Most of the rules are implemented: - Money management - ATR, Baseline, Confirmation, Volume, Exit More details...