Forecast Commodities indicator
Forecast Commodities indicator
Suppose the Crude Oil goes below 45 - 1, then a Buy order will be generated. A profit target can close the position. As soon as the Crude Oil dips again below 44, a position will be opened again. This indicator allow to trade around a price.
3 versions: Forecast_commodities, Forecast_EUR_USD and Forecast_Gold.
You do not have the required permissions to view the files attached to this post.
Re: Forecast Commodities indicator
The Forecast Commodities indicator can also be used as a filter. Below an example on the Gold future.
The forecast is 1.250 with a differential 25. So, when the price is higher then 1.250 + 25 = 1.275, the direction is bearish. The filter colours the chart in red.
The short signal is triggered by the MACD. So when the Gold price is above 1.275 and the MACD triggers a sell signal, a short position is opened.
The forecast is 1.250 with a differential 25. So, when the price is higher then 1.250 + 25 = 1.275, the direction is bearish. The filter colours the chart in red.
The short signal is triggered by the MACD. So when the Gold price is above 1.275 and the MACD triggers a sell signal, a short position is opened.
You do not have the required permissions to view the files attached to this post.
Re: Forecast Commodities indicator
And a few template studies to be discovered on Oil, Gold and EUR/USD futures.
Copy these templates into the folder DefaultDys, start Nanotrader, open a chart and choose Open / Template Studies and load.
Copy these templates into the folder DefaultDys, start Nanotrader, open a chart and choose Open / Template Studies and load.
You do not have the required permissions to view the files attached to this post.