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you can scalping with bollinger bands, using lower timeframes in high volatility times
I used "EWOCCI" 4 months ago. The signal is not repaint and not lagging. Just the problem is, how to filter the false signal only. Maybe coder can check the signal based on what and fix the program of this indicator because I don't understand about the programming. Or maybe the other member can find something else to filter the signal? Here we go;
#EWOCCI.mq4 3.98 kb, 19 downloads since 2017-08-18
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I will check to see if I can update the code as soon as I can download it :D
maybe a combination of this signal with stochastic or MACD filters can help ?
Thank you Farzin Sb for your feedback here. The combination that you mentioned just now, hmmm... Maybe yes but I already try, it does not match with the signal. Maybe we should try with the setting parameters of Stochastic or MACD. Actually the name of EWOCCI is stand for Elliot Wave Oscillator Commodity Channel Index. So I think maybe the signal come based on combination of EWO and CCI. But you try check the program because I'm not good in program. But, if you filter or modified this indicator, I think it can help other community to make a pips.
you were right. I found a topic in mql5 forum , back to year 2007 , they had written an EA for cross of cci 55 , and elliot wave oscillator 5,34 . but they found that it is only working on euro daily chart.
I tested that indicator and It didn't seem to be a good one for lower time frames.
Elliot Wave Oscillator with setting 5 and 34? I thought they just using Moving Average. It's OK. Maybe later you can check the programming there and try make some fix of put the filter.
Pls, could you share us the screen shot? If you do I would be greatful. Someone says the best indicator is vulcan. Do you have a vulcan indicator? Thank you for sharing.
Mathan82 wrote:
Which is the best indicator so far? Can you someone highlight the good indicator you have tried before and it's really working well...
I use Bolinger and Movement Average. They r really helpful.
i want to know which is the best indicator i personally think that is the macd but many say that is the rsi. I hope you will help me
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