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cQ-Baseline Trend Direction MT4 Indicators | ||||||
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Requirements The cQ-Baseline Trend Direction indicator is now a collection of single moving average indicators and renamed to cQ-Baseline Trend Direction Standard & Advanced Indicators. Updated video coming soon. The video below is for an earlier version. |
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Overview | |||||||
The cQ-Baseline Trend Direction Standard & Advanced Indicators can be used to determine the current trend. It uses the ATR, DATR, and/or BBands and a moving average to determine when to change trend direction. Price needs to go above/below the baseline by a certain amount, determined by the ATR/DATR/BBands, before it will change direction. NOTE: The cQ-Baseline Trend Direction Singles indicators had corrupt binaries that failed to work properly. I've determined it had something to do with the MetaEditor and have since started using a different broker's MetaEditor. The current indicators work properly. There are two variations of these indicators the Standard variations and the Advanced variations. The Standard variations are more basic and don't have any extra parameters, while the Advanced variations have the extra parameters. Not all indicators found in the Advanced variations are in the Standard variations. An example is the SuperDuper Trend found in the Advanced variations. Standard Variations currently included:
Advanced Variations currently included:
The BBands,ATR and DATR can be calculated by any one of 31 moving averages, and not only by the SMA. This allows for a number of different settings each giving a different response. There are 2 ATR modes and 2 DATR modes:
There are two indicators in the above zipfile. One is meant to be used on the main chart to help you visually see how the current settings interact with price. The idea is to save a preset from the cQ-Baseline Trend Direction indicator on the main chart and then load that preset in to the Histogram version. This will reduce the clutter leaving more room to view price and your baseline. After finding your setting disable cQ-Baseline Trend Direction main chart indicator, and then enable the histrogram version. Watch the video to get a better idea of what the indicator does. This version does not have any buttons so the subwindow indicator isn't required. |
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cQ-Baseline Trend Direction MT4 Indicator | |||||||
Requirements April 20, 2022 Updated to v1.1 |
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Overview | |||||||
The cQ-Baseline Trend Direction Indicator can be used to determine the current trend. It uses the ATR, DATR, or BBands and a moving average to determine when to change trend direction. Price needs to go above/below the baseline by a certain amount, determined by the ATR/DATR/BBands, before it will change direction. The ATR and DATR can be calculated by any one of 31 moving averages
There are two indicators in the above zipfile. One is meant to be used on the main chart to help you visually see how the current settings interact with price. The idea is to save a preset from the cQ-Baseline Trend Direction indicator on the main chart and then load that preset in to the Histogram version. This will reduce the clutter leaving more room to view price and your baseline. After finding your setting disable cQ-Baseline Trend Direction main chart indicator, and then enable the histrogram version. Watch the video to get a better idea of what the indicator does. This version does not have any buttons so the subwindow indicator isn't required. |
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