Plotting 13-13 Wilders Moving Average Channel offset trading system in Metatrader using All Moving Average v2.2 MQL4 code
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1)Download the All Moving Average MQL4 code which is used to plot any sort of moving average
2)Save the Indicator into c:program filesmetatrader4expertsindicator and compile the indicator
3)Refer the parameter guidelines to plot any sort of moving average
List of MAs:
MA_Method= 0: SMA – Simple Moving Average
MA_Method= 1: EMA – Exponential Moving Average
MA_Method= 2: Wilder – Wilder Exponential Moving Average
MA_Method= 3: LWMA – Linear Weighted Moving Average
MA_Method= 4: SineWMA – Sine Weighted Moving Average
MA_Method= 5: TriMA – Triangular Moving Average
MA_Method= 6: LSMA – Least Square Moving Average (or EPMA, Linear Regression Line)
MA_Method= 7: SMMA – Smoothed Moving Average
MA_Method= 8: HMA – Hull Moving Average by Alan Hull
MA_Method= 9: ZeroLagEMA – Zero-Lag Exponential Moving Average
MA_Method=10: DEMA – Double Exponential Moving Average by Patrick Mulloy
MA_Method=11: T3 – T3 by T.Tillson
MA_Method=12: ITrend – Instantaneous Trendline by J.Ehlers
MA_Method=13: Median – Moving Median
MA_Method=14: GeoMean – Geometric Mean
MA_Method=15: REMA – Regularized EMA by Chris Satchwell
MA_Method=16: ILRS – Integral of Linear Regression Slope
MA_Method=17: IE/2 – Combination of LSMA and ILRS
MA_Method=18: TriMAgen – Triangular Moving Average generalized by J.Ehlers
MA_Method=19: VWMA – Volume Weighted Moving AverageList of Prices:
Price = 0 – Close
Price = 1 – Open
Price = 2 – High
Price = 3 – Low
Price = 4 – Median Price = (High+Low)/2
Price = 5 – Typical Price = (High+Low+Close)/3
Price = 6 – Weighted Close = (High+Low+Close*2)/4
Price = 7 – Heiken Ashi Close
Price = 8 – Heiken Ashi Open
Price = 9 – Heiken Ashi High
Price =10 – Heiken Ashi Low
4)Now we need to create the lower and upper high-low channel with offset =13 and Wilders MA period =13
Parameter Setting for All Moving Average v2.2
Settings to plot upper channel – Choosen color red
Settings to plot lower channel – Choosen color yellow
Now the 13-13 Wilders moving average Channel Offset is plotted for the USDINR chart as shown below
To Interpret the chart the rules are given below
Buy and Sell Rules are Simple
1)Buy if the candle closes above the upper channel
2)Sell if the candle closes below the lower channel
3)Trailing stop loss is Lower Channel Value in case of Buy Signal and Upper Channel value in case of Sell signal
USD INR Charts giving sell signal as it closes below the lower channel
interesting i will have a look ….
do you personally use this system???
@bpr : yes i do its a part of personal trading
Thanks was waiting for this 🙂
excellent ji. Is this use for intraday time frame? or eod? how to use nakshtra signal in meta pls provide ji
I want help from Rajandran R
I have downloaded BROCO METATRADE 5 installed in VIEW seen market watch clicked in the middle of the left side seen symbols but now CFD METALS and WORLD INDICES1 are not being seen what to do now
I am using Windows vista HB
Thanks a lot in advance
Pradeep
hi, nice to see my favourite trading system in metatrader, just one thing – how can we use this in broco metatrader 5, as its using mql5 editor…pls. post mql5 which is required in broco meta (if possible)
Hi Dear Rajendran
MQL 5 days high low breakout indicator work well in MT.4 & MT.5. Is there any way to use it in metastock or can we draw same formula which may be applicable in metastock price charts?
awaiting you reply
Hi,
do you have one for amibroker?
Yes try here http://www.marketcalls.in/afl-code/13-13-wilders-moving-average-offset-channel-trading-system-amibroker-afl-code.html