FishGills indicator
Have you ever tried fishing? Some people may compare it to trading, as fisher actually does same thing as trader, tries to pull out fish, which means profit to trader. While a new trader is counting mostly on their luck in the market, missing a bunch of fundamental and technical analysis, pro-traders are all geared up with profound tools to catch up trend first avoiding false signals. It is a matter of experience to transit to a premium league. Nevertheless, FishGills indicator is out for PTMC community. It means all users could trade as Western experts in the stock market. Back in MetaQuotes community, some users reference FishGills calculation as tool which predicts the beginning and end of a trend with 90% accuracy. Well definitely it is true as far as trader reads signals correctly. FishGills is a customizable tool allowing you to trace trend and filter false signals especially on higher time frames. It is also possible to use smoothing average line with advance algorithms, which could serve as filter or trade trigger. Grab it, and go fishing!!!
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BeardPower 02.03.2017
Thanks, will try it!
Just a little issue: you included all the object files and auto generated binaries like .suo.
First I though: Man, this thing is huge! Must be some very fancy stuff in there ;-)
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Burhay Vlad 02.03.2017
More and more I getting confident in support of PTMC community members! BeardPower, you are right, it is reasonable to shorten a size of source files! Useful remark, appreciate it!
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Jédirfort Houessionon 12.03.2017
Burhay Vlad, Thanks for this indicator. Please can you specify what are buy and seling signals with this tool ?
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Burhay Vlad 13.03.2017
You are welcome. Trade signal varies on your trading style (aggressive or moderate). Once you choose aggressive style use red (default) smoothing line on crossovers with histogram to enter market. Another option is actually histogram crossover with threshold line which takes less risk and less profit. And one more way to enter is by using crossover of histogram with additional filter line (default 10), which would allow to avoid “false trend” market signals. Anyways this tool is highly adjustable and you can play around to find your best config and share them here.
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Jédirfort Houessionon 16.03.2017
Thanks. I'm testing it with default params for the moment, and it's fairly accurate (with my renko charts)
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Burhay Vlad 21.03.2017
In case you are interested in autotrading with this indicator.