Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
-
Welcome Guests
Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.
-
Similar Content
-
-
By edakad
Firebird is an indicator to identify the price spikes in the market. Firebird indicator first calculates a 10-period moving average, then shifts this moving average a certain percentage above and below the 10-period moving average. The shifted averages are drawn on chart as the red and green line. When price touches these lines, price spike is identified. Usually after a price spike, the trend reverses for some time. The indicator can be used to take advantage of this price behaviors. In daily chart usually the 10 period MA is shifted by 2 percent to form the price bands. On lower time frames like Hourly, Four Hour a smaller percentage price shift is used like 0.5% . The important consideration here is most of the price bars must be contained within the upper and lower bands.
When price reaches above the upper red band, a sell position is opened. When price reaches the lower green band, buy position is opened. Trades can be managed with proper stop loss and take profit. In the picture, Firebird indicator is attached to daily chart of EUR/USD with 2% shift on MA. Note that almost all price bars are within the price bands. And when price extends beyond these bands, price trend reverses and comes back into the bands.
FireBird.zip
-
By magesvh
I'm currently using Ninjatrader for my trading. But I have a problem with the Tick Chart and when I use any Indicator. When e.g. the market is very fast or my internet is slow (for a moment), then the value of the candles and indicator is wrong.
So I refresh the chart after every finished candle.
Does anybody know a software without this problem?
-
By mirko994
Hello guys,
Anyone has the code of this indicator? I am trying to find the logic behind it.
Trend Magic Indicator FREE
Kind regards,
Mirko
-
-
Topics
-
-
Posts
-
By Debby_Tompkins · Posted
Search Pretty Girls from your city for night -
The only thing Karmela has made her positions clear on and really stood up for this whole dam campaign is abortion ‘rights’. A lot of ‘liberal’ women don’t understand how men can have ANY say in the matter. “It’s my body” etc etc. Well, men start to get a say when the interests of the unborn male or female person are completely fkn disregarded - that’s when. I don’t quite know what it’s like to go through utero process in an unloved, or maybe worse, an ambivalent ‘field’, but speaking as a human, adoption seems to be preferable to a saline abortion or a knitting needles abortion or a drug that starves the fetus to death abortion or a plain old standard black clinical abortion. Karmela has definitely not made friends with unborn babies... Tim Tampon Walz also hasn’t made friends with unborn babies. Instead he literally said “I’ve made friends with school shooters”. Folks on some levels it’s ok to be a school shooter if it’s ok to be an abortion doctor... both performing the same task... both ending lives. Absurd? Yes. But no more absurd than the devaluation of life shit ‘social engineering’ is attempting to normalize... just sayin’ -
By Stocks4life · Posted
SHOP Shopify stock holding at the 79.87 support area at https://stockconsultant.com/?SHOP -
By Stocks4life · Posted
VCYT Veracyte stock, watch for a top of range breakout above 35.38 at https://stockconsultant.com/?VCYT -
Thanks for sharing, also have a demo for backtesting and refining any current or new strategy before implementing on the live accounts.
-
