Suggestion Trade with Arrow - Grail.

[dascore]

To date there has been minimal response to this topic and about the availability and use of the arrow indicators from members - understandably, perhaps the system is not popular and not widely used. However it is possible to get a close approximation to the arrows being used, as can be seen from the chart below comparing the chart generated from the signals from the original software by other users, and arrows derived from other indicators which closely resemble the functions and show much resemblance to the original arrows.

Perhaps someone has the original indicators? Thanks.

For friends who would like to recreate from DIY sources as shown above, the BUY TRADES only and SELL TRADES only are derived from the Half-Trend indicator so that the BUY TRADES display the Buy green arrows only and the SELL TRADES display the Sell red arrows.
May the best prices be yours.

 

[Devilmatrix7]

dascore , would u personally recommend me a good indicator pls?

 

[dascore]

dascore , would u personally recommend me a good indicator pls?

Hi Devilmatrix7,

Indicators are merely tools to help you in trading, and have been developed to meet specific needs and purposes. One structured way to begin a journey into the study and use of technical indicators is to start with the book "

The Encyclopedia Of Technical Market Indicators, Second Edition​

"This book deals with the advantages of using technical market indicators, which to use, how and when to use them, and why. This new edition offers an accumulated treasury of nearly all known technical market indicators, including many new ones and better ways to use long-established ones. It offers precise formulas, performance over all available market history, and how to maximize reward/risk potentials. Now you can apply tested indicators immediately to your own investment decision making. "

My personal opinion is that if you are seeking to be consistently profitable in trading, it may be more advantageous to you to look at following a good system of risk management and trade management- this means position sizing ( lot size wrt capital) , stop loss, targets, layering, leverage, trading setups etc.

Hope this helps.

 

[dascore]

YES I HAVE BUT LITTLE DIFFERENT VERSION BUT IT PLOT ON THE SCREEN TREND IS IN BUY OR TREND IS IN SELL

Hi everwelwisher,

Thanks for your contribution to the discussion. You are the only member so far who expressed an interest in this indicator. Happy to share a copy of my re-engineered arrow code for indicator01-buy and indicator02-sell if you are interested to PM me. Attached is a chart showing the comparison of the original arrows and the re-engineered workback arrows for the CADCHF pair. Once again, thank you for contributing.

 

[gerval]

Hi everwelwisher,

Thanks for your contribution to the discussion. You are the only member so far who expressed an interest in this indicator. Happy to share a copy of my re-engineered arrow code for indicator01-buy and indicator02-sell if you are interested to PM me. Attached is a chart showing the comparison of the original arrows and the re-engineered workback arrows for the CADCHF pair. Once again, thank you for contributing.

The ideal would be to follow a trend indicator and enter on pullbacks or small countertrends at lower TF.