This put up accommodates the extras for HT Scalper Arrows Indicator.
Connected Arrows Demo will work with full options for 1 month: Until mid July 2024.
After that it’ll work for 3 pairs: «EURUSD or USDJPY or AUDUSD»
It is out there for buy right here:
https://www.mql5.com/en/market/product/118644/
Please word that the Halftrend MTF will work on any chart. However scanner solely works with it is corresponding arrows indicator.
Make sure that to maintain scanner in similar folder as arrows. If you are going to buy Arrows, then it is going to be in: MQL4/Market folder. So copy the scanner ex4 there.
Finest Circumstances:
It really works on M15+. Finest timeframe is H1.
And max timeframe must be lower than no matter max HTF you choose.
Suppose you might be checking 2 increased timeframes, then preserve your Max timeframe D1. In order that it could actually verify alignment on D1,W1,MN1.
If you choose W1, then it will not be capable of verify all increased timeframes. And so, with NumHTF: 2, W1 will likely be ignored as 2 HTFs cannot be supported.
This technique works finest on Excessive Volatility Robust Swinging markets. Particularly for pairs like Foreign exchange Core 7 or Crypto. Whichever symbols have good volatility.
It should rely upon time of day.
Do not Commerce Circumstances:
When market is weak and tightly ranging like this, skip the indicators. As they will not give that a lot revenue:
Search for markets when HTF Halftrend strains have separation and are not overlapping an excessive amount of. That may point out sturdy volatility:
Halftrend Stacking:
Halftrend strains stacking will point out that value is in a pattern. Stacking means: For BUY: Blue halftrend HTF is lowest, medium is in center and lowest TF (currentTF) blue line is above all strains.
Similar for SELL, however in reverse. Highest HTF pink halftrend line is prime most, then center TF, then lowest TF.
Stacking just isn’t essential, since it is a scalper. However in case you are solely buying and selling actually sturdy traits, and have to search for when value retraces to HTF halftrend line, solely then use stacking.
However stacking on will restrict indicators by loads.
Be Cautious Circumstances:
When sign bar has already reached too far, then watch out and do not commerce instantly. As a result of this will imply that value will retrace after that. After which proceed with the pattern.
This could usually instances occur throughout Necessary Information Occasions. So, by no means commerce such indicators immediately after the arrow. Anticipate value to retrace a bit after the lengthy bar.
How To Use – Symbols Defined:
Arrows:
When it first detects a cross, you may see «CROSS» debug message. But when a sign is skipped, you may see the explanation in Debug Messages:
| NO-ALIGN-TF | Reveals which timeframe just isn’t aligned correctly. It should use Present Timeframe’s halftrend Pattern route by default. If Verify Present TF Pattern is fake. Then it would verify ranging from subsequent increased TF. |
| NO-VOL | No Excessive/Medium Quantity Bar. Verify nly if Verify Quantity is true |
| CROSS-SKIP | If a earlier cross has occurred on similar stage and «Enable Solely One Sign Per Halftrend Stage» is true |
| If «Verify Halftrend Stack» true and Halftrend strains usually are not stacked |
Scanner:
Scanner and Arrows have quite a lot of widespread settings. So you should use set recordsdata interchangeably between them.
Watch out to make use of separate distinctive prefixes for each if utilizing on similar chart.
Scanner reveals Arrow for final sign. And bracket quantity is what number of bars again the sign occurred.
In above picture, Max Previous Bars on scanner is 80. So any indicators earlier than that can have «None».
Word: Default settings might be fairly restrictive and can give fewer indicators. However these will likely be good as they observe the upper pattern.
Widespread scanner settings:
https://abiroid.com/abiroid-scanner-dashboard-common-settings/
Settings:
Fundamental Settings:
Prefix – Use a singular prefix. Used to attract debug messages on chart
MaxPastBars – Verify indicators for these Max bars
Shift – First candle the place verify begins. If shift is 0, then watch out. As a result of whereas candle remains to be forming, the halftrend arrow would possibly swap. Which is why default shift is 1.
Refresh After Ticks – If shift is 0, then refresh all checks after given variety of ticks.
Wait Bars After Sign – If a sign happens, then new sign will look ahead to at the least these variety of bars
Halftrend Settings and HTF Align:
Halftrend Amplitude – Default is 2. If you wish to use this as a scalper solely, then setting to 1 will give extra indicators. However cautious, increased amplitude provides longer traits.
And small amplitude like 1 will give many indicators, however not all will likely be sturdy:
Verify Halftrend Stack – If true, then it would verify if all HTF halftrend strains are aligned and stacked.
Whole HTF Pattern Verify – Variety of HTFs to verify.
Which means suppose you’ve gotten present H1. And this Num HTF is 2. So, you might be checking H1,H4,D1.
If Stacking is true:
For BUY: It should verify that D1 is lowest and H4 is in center and H1 halftrend is at prime.
Similar for SELL however vice versa. Maintain this settings false for scalping. As it would restrict indicators loads. Use in case you are buying and selling traits solely. You too can preserve «Verify Present TF Aligned» to false.
Then it would solely verify H4 and D1 for alignment and stacking. It should skip present H1.
If Stacking is fake then it would solely verify alignment.
Num HTF For Value Cross Verify – Out of all HTFs, which variety of HTF ought to it verify for value cross (predominant sign).
Like above instance, if present is H1 and also you set this quantity to 1, then it would verify subsequent increased TF H4. And if value crosses the halftrend line on H4 solely then the primary sign is generated.
Default is 2. Which means for H1 (present), it would verify 2 increased TFs: D1.
Enable Solely One Sign Per Halftrend Stage – true
Generally halftrend line would possibly transfer sideways. And whereas value is ranging, it would cross it a number of instances and use it as a Assist/Resistance.
If true, you then solely get the primary sign. If false, then you’re going to get all indicators when value crosses:
A number of indicators often occur when value is low volatility, or caught in a good vary. So, watch out and do not commerce all indicators as they gives you very small earnings.
Quantity Verify:
If true, then the bar which crosses halftrend line needs to be a excessive/medium quantity bar. You’ll be able to flip Medium quantity on/off.
It makes use of VolumeCandles.ex4 indicator internally. It is in extras folder.
Max Unfold:
In case you are utilizing it as a scalper, and have to solely commerce pairs with unfold, set this to some tight unfold like 15. If you should disable verify, then set 0.
Debugging:
Present Debug Textual content – will present a textual content above bar to let you know why a sign is skipped
Present Debug Bar Numbers – Solely use this when debugging a spacific indicators, as a result of as value strikes, it would preserve shifting bar quantity, and debug message would possibly present fallacious numbers. As older indicators will not be re-calculated. It is a non-repainting indicator.
Debug Particular Bar in Logs: «-1» means disable
Set this to a bar quantity to see particulars about that bar.
Instance, for those who set it to 335, then in Consultants tab logs you will note every verify step-by-step for bar 335:
Alerts:
Get Popup, Cell app Notifications, Sound, File Alerts, and so forth.
Scanner Settings:
Previous Bar Again Alerts:
If utilizing scanner, you’ll be able to set this for those who want older alerts additionally. Suppose 10, then it would verify previous 10 bars for indicators and provide you with alerts. Default is 1, as a result of we’re extra all in favour of fast alerts on bar 1.
Colour Customized:
Set colours for arrows, Purchase/Promote colours and so forth.
