Tow Lines

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Tow Lines

Postby Apprentice » Wed Oct 15, 2014 3:59 am

Tow Lines.png

Based on request.
viewtopic.php?f=27&t=61324&p=96533#p96533

It was suggested to me that the Tow Lines is Chinese for trend lines.

Code: Select all
MID:=(3*CLOSE+LOW+OPEN+HIGH)/6;
A:(20*MID+19*REF(MID,1)+18*REF(MID,2)+17*REF(MID,3)+16*REF(MID,4)+15*REF(MID,5)+14*REF(MID,6)+13*REF(MID,7)+12*REF(MID,8)+11*REF(MID,9)+10*REF(MID,10)+9*REF(MID,11)+8*REF(MID,12)+7*REF(MID,13)+6*REF(MID,14)+5*REF(MID,15)+4*REF(MID,16)+3*REF(MID,17)+2*REF(MID,18)+REF(MID,20))/210,COLORRED;
B:MA(A,6),COLORGREEN;
C:MA(CLOSE,5),POINTDOT,COLORLIBLUE;

Tow Lines.lua
(4.78 KiB) Downloaded 449 times


MTF MCP Tow Lines.png

Arrow - A Line Slope.
Color- depends on the relationship between the two lines, see Calculation Mode
MTF MCP Tow Lines.lua
(12.47 KiB) Downloaded 284 times
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Apprentice
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Re: Tow Lines

Postby shengbo » Wed Oct 15, 2014 6:39 am

could you make a "two lines strategy".

much much appreciated.

please.
shengbo
 
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Re: Tow Lines

Postby baccicin » Wed Oct 15, 2014 7:36 am

Hi Apprentice, if i may ask:
what is the TF for this indicator? Tha chart looks a TF daily, is it possible applying the indicator also to H1, M30, M15 and M5? and in case, do i have to change A-B-C-Line Period?
Last question if i am not abusing of your time: is it possible to add a signal such as an arrow, for example? for long and short entries?
Many thanks and sorry for my continuos asking...
have a nice day
Fabio
baccicin
 
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Re: Tow Lines

Postby Apprentice » Wed Oct 15, 2014 7:53 am

1.Change of Chart Time Frame
1.png

2.Change of Indicator Time Frame
(Only Higher Time Frames are applicable)
2.png
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Apprentice
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Re: Tow Lines

Postby shengbo » Wed Oct 15, 2014 8:10 am

hello,Apprentice


please make a strategy.

much appreciated
shengbo
 
Posts: 5
Joined: Tue Oct 14, 2014 4:51 am

Re: Tow Lines

Postby baccicin » Wed Oct 15, 2014 11:50 am

Hello Apprentice, quick question: I asked for adding an arrow in case of short or long entry, is it possible? And i'd ask you another question:
is it possible create a list of currency pairs, index and others (gold, oil...) that, checking the Tow Lines entry or short signal, the system shows the entry in this list?
many thanks, ciao
Fabio
baccicin
 
Posts: 41
Joined: Sat Sep 20, 2014 12:15 pm

Re: Tow Lines

Postby shengbo » Thu Oct 16, 2014 1:59 am

Apprentice wrote:1.Change of Chart Time Frame
1.png

2.Change of Indicator Time Frame
(Only Higher Time Frames are applicable)
2.png




i'm begging you.the "strategy".please.
shengbo
 
Posts: 5
Joined: Tue Oct 14, 2014 4:51 am

Re: Tow Lines

Postby Apprentice » Thu Oct 16, 2014 2:01 am

Requested strategy can be found here.
viewtopic.php?f=31&t=61332
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Re: Tow Lines

Postby Apprentice » Thu Oct 16, 2014 5:25 am

MTF MCP Tow Lines Added.
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Re: Tow Lines

Postby baccicin » Fri Dec 12, 2014 10:58 am

Hi Mario, could you please add, if possible, a pop-up? This pop-up should appear also when the window or tab is being used in the background or window bar and i am using another window or program on the screen.
Conditions:
C line crosses B and A line
A line crosses B line but not C line
both for up and down
many thanks, ciao
Fabio
baccicin
 
Posts: 41
Joined: Sat Sep 20, 2014 12:15 pm

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