Here is a piece of code that shows how you can read the values (of bar = 1) of my indicator, input int InpPeriod = 10; #define MARKET_CYCLE_FLAT 0 #define MARKET_CYCLE_DOWN 1 #define MARKET_CYCLE_UP 2 double mc_up_1 = iCustom(Symbol(), 0, ...

Trade based on Market Cycle Indicator

You're welcome! Hope the two pictures are useful for people who are looking for such visualization of the correlations.

The Most Useless Indicator

The last version will be always replaced with older version in Post 1.

Candle Martingale + EA

The index of "flat" buffer is 0, the index of "down" buffer is 1, and the index of "up" buffer is 2. Hope this helps you to read the indicator's values.

Trade based on Market Cycle Indicator

That would be great! I would help you to my best.

Trade based on Market Cycle Indicator

Hi Samer1970, This is really interesting for me! Although they look very similar, but they are not the same,

Trade based on Market Cycle Indicator

Version 1.47 of the EA released (I updated Post 1). In this version the user can select random buy/sell as the trade logic. It seems that random defeats random market! Please note that the below backtest is the result of a set of random entries ...

Candle Martingale + EA

Hello, This indicator works on M30 charts the best, however, I didn't limit its functionality on M30 charts. I guess it would work fine on M15 and H1 as well. I'll tink about a multi-TF version of this indicator. Best, Math

Trade based on Market Cycle Indicator

Set the Max Daily Profit to zero, and the backtest would be the fastest.

Candle Martingale + EA

Each and every new update includes the version number,

Candle Martingale + EA

Here is a picture showing the correlation of nine MT4 standard indicators with respect to the next price return. The response is (Close[bar]-Open[bar])/Open[bar]*100.0, and the indicator values are calculated on the previous bar (which is bar+1). As ...

The Most Useless Indicator

Thanks! :-) You are using "Pattern Type I" as I guessed.

Candle Martingale + EA

Which trade logic did you set for this backtest?

Candle Martingale + EA

Sorry, I didn't understand what you mean.

Candle Martingale + EA

It doesn't repaint. It draws Bar[1] olive histogram at the open of Bar[0].

Trade based on Market Cycle Indicator

Version 1.46 of the EA released. In this version the user can set the EA to open a buy (sell) position only if the current day's bar is bullish (bearish). I updated Post 1.

Candle Martingale + EA

Version 1.02 of the indicator released. In this version the hypothesis for the market cycle change is displayed with Olive colored bars. I updated Post 1.

Trade based on Market Cycle Indicator

In my opinion Pattern Type I works the best among other options so far.

Candle Martingale + EA

Here is a quick implementation of your trading idea with a backtest. Please check to see whether it trades based on what you mentioned above.

Buy Sell orders EA