New Multi-timeframe DM Indicator loaded

August 7th, 2014, 07:10 AM

The indicator I promised in the post "Newcomer bearing gifts" has been uploaded.

Yesterday, a trend setup (which I described in that post) I use with this indicator did this:

Trading 3 currency pairs on 2 to 2.5 pip range charts; GBPUSD, EURUSD, EURJPY from 3 am to noon and 2 hours of the Asian session:

Total trades: 8
Winners: 7
Losers: 1
Missed winner: 1
Total pips (ticks): 81 (using 3 targets -- first out at +7, second out at +20, and a runner). Initial stop: 14 pips

If anyone would like to set up charts to verify this, let me know and I'll show you how.

August 7th, 2014, 08:34 AM

You may want to attach a link to the indicator in this thread.

Also, I would suggest you use ONE thread to post the indicator and not two.
It gets confusing.

Here is the link to the indicator.

Download: Multi-timeframe DM version 4

The standard, free DM indicator measures both the direction and strength of a trend (or lack thereof). In addition to showing ADX (which only measures strength) DM also shows trend directional components (up / down). This Multi-timeframe DM Indicator …

fishfry

August 7th, 2014, 09:28 AM

DavidHP

You may want to attach a link to the indicator in this thread.

Also, I would suggest you use ONE thread to post the indicator and not two.
It gets confusing.

Here is the link to the indicator.

Download: Multi-timeframe DM version 4

The standard, free DM indicator measures both the direction and strength of a trend (or lack thereof). In addition to showing ADX (which only measures strength) DM also shows trend directional components (up / down). This Multi-timeframe DM Indicator …

fishfry

Thanks. New to this forum. Still trying to figure things out.

New Multi-timeframe DM Indicator loaded

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New Multi-timeframe DM Indicator loaded