Timeframe: M5
The strategy uses 5 tools. I'm sending you all scripts and tools for all.
They are not written in mt4, but you can check it out for calcualtions and stuff.
1. Hull MA: Settings are Length is 60, and Length Multiplier is 3.
2. QQE histogram.
3. Volume Oscillator built-in (also sent you a volume analysis tool which could be better)
4. Waddah Attar Explosion.
5. Simple RSI.
Conditions: A buy is placed when the price closes above the Hull MA line, the QQE has a new blue histogram, and the volume oscillator is over 0.00%.
Also the Waddah histogram must be over or greater than the explosion line. The RSI must not be 70 or greater.
Same for a sell trade but vice versa. Price must close below the Hull ma, the QQE has a new red histogram, and the volume oscillator is over 0.00%. Also the Waddah histogram must be over or greater than the explosion line. The RSI must not be 30 or less.
I'm sending all info to you via email.
And thanks for the second token. I know this one is complicated. So no need for scanner. But would be nice if poss.
I mainly want each tool as an indicator and maybe a combined indicator with arrow.
Edit: I sent you the volume tool email. So edited it here.
Sure,
I'll check it out. I'll need to try it manually first. I'll also make the individual indicators. And let you know soon.
Hi,
I will be combining everything into one system,
But I had to make separate indicators for the 2: QQE and Hull MA.
https://www.mql5.com/en/blogs/post/763582
https://www.mql5.com/en/blogs/post/763562
mql5 does not allow multiple ex4 files with the same product. So I have to keep it all as different products.
The main arrows indicator with actual strategy will use all these in background. So no need to buy the different products. But if you need to see them visually on chart, then you can purchase 🙂
I'll let you know soon once I make progress on main product. But I have sent demo versions for the other 2 in email. Check it out and let me know if it's alright.
Thanks. I read your edits. You can just keep replying to my comments here. For better conversation flow 🙂
You can even attach files here if you like.
I'll check out the volume analysis indicator.
I just hope you are aware, that I'm not really a freelancer. I will be creating these as products and will sell them on mql5.
Just wanted to make sure you knew that.
So, hope that nothing you have given me so far breaks your copyright somehow :))
ok. Demos are working great. I'll buy after 2 weeks. Once expired.
Don't worry about copyright. It's all free resources. From free forums. 👍 👍
And some of it was my own code changes. But I'm not good at coding.
And strategy was from some youtube channel. I tweaked it and have been trading myself.
You can sell the final finsihed indicators. they will be super useful.
especially volume one I had sent yesterday, thats very good and useful.
Also keep 20 activations if possible. I have 2 vps and a home pc and 1 laptop.
Most products I buy on metatrader have very few just 5 activation.
I don't change vps often, but sometimes I have to if prices raised too higher.
So might need more activations. Earlier all indicators had 1000 activations, but metatrdaer changed it so low. Just maximum 20.
Yes, I always keep my activations to max 20.. don't worry 🙂
Earlier all my products used to be 1000 activations. But they have put a stricter limit now.
Actually on mql5, a lot of people were group buying.
There were forums where they would join in groups. Bulk buy a lot of products and split the activation's at a lower cost of the full purchase price.
And use a common account. So even an expensive $500 product will just cost like $10 to 50 people.
This was bad practice as mql5 terms clearly state that buyers have no right to resell the products.
They kept trying to shut down such accounts, probably by tracking IPs and whatnot.. but eventually the activations were limited to 20.
Because a normal user will maybe use 3-4 activations of a product max. Since people prefer to trade on their laptop or PCs. And don't like to share their accounts with others. Sometimes a new windows install might take up an extra activation or two. But that is also very rare.
I specifically keep it at 20, to allow people with vps a better option. Since people might change vps once or twice. When people are experimenting with a new vps, they usually use demo accounts. And don't connect their main mql5 account. Until they are absolutely sure 🙂
So I think 20 is more than fair on their part. 1000 was amazing earlier. But it's this kind of scamming the system which causes such limitations. And innocent users who pay full price suffer as a result. That's the sad part.
I didn't know about the shared acc thing. I always thought the cut from 1000 to 20 was drastic. but guess it makes sense now.
Hi,
I sent you the volume indicator demo. Let me know what you think.
thank u, working great. I have all 3 on my charts right now. And works perfectly.
demo is almost over. Pls send me the new link for volume and I'll buy all 3.
Also is there any chance for a dash with these combined?
Here's the Chrono Volume detailed blog post with the product link:
https://www.mql5.com/en/blogs/post/763650
About scanner, sorry I don't think it will work properly. All 6 indicators combined will make it too heavy.
And suppose someone uses all 28 pairs for 4 timeframes, calculations for all 6 indicators will make everything too slow.
Also, with this strategy, it is better to study the chart first, because it does give false signals esp. when market is in a low volatility mode.
So, best not to buy/sell signals directly from a scanner 🙂
ok. makes sense. thanks.
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