4X Global Trend SignalNOTE: This is an invite-only script for paying 4X Global Members.
When you request access, please provide your 4X Global username. I cannot provide access until I cross-check your 4X Global account to verify that you have one and that it is active.
If you are not a 4X Global member and want access; a 4X Global Membership is only $19 per month. You can read more: Click Here
I had 4X Global code this indicator based on several of their tools. This indicator is a combination of several 4X Global data sources. When all of the sources confirm a trend (based on my criteria), the indicator draws a 'buy' or 'sell' label on the chart. This is a very simple indicator to use and it's darn accurate. I may automate it at some point.
This indicator does NOT repaint, but it will flash on/off during the current bar until it closes. Do NOT enter a trade until the current bar closes with a signal. You enter at the open of the succeeding candle (i.e. the candle immediately after the signal candle).
There is only one variable to adjust; 'Risk'. When you increase the Risk variable, you are increasing your trading risk because the indicator will not respond as fast. However, I have found that higher settings filter out the noise better.
For me, the sweet spot seems to be on the 30 minute chart with a Risk value of '24'. If you find additional 'sweet spots' for this indicator, please share them with your fellow 4X Global members.
Please direct any/all support question to me. I will do my best to answer them.
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
4xglobal
4X Global Currency BarometerNOTE: This is an invite-only script for paying 4X Global Members.
When you request access, please provide your 4X Global username. I cannot provide access until I cross-check your 4X Global account to verify that you have one and that it is active.
If you are not a 4X Global member and want access; a 4X Global Membership is only $19 per month. You can read more: Click Here
This is a very close copy of the 4X Global Currency Barometer. I had this indicator made several months ago and I agreed to host/manage access for paying 4X Global Members (I'm hoping TradingView will release an API at some point). Until then, I have to manually provide access and cross check my list each month... ugg. Please be patient if it takes me a few days to provide access.
Why isn't this indicator exactly the same as the 4X Global version? Pinescript isn't powerful enough yet. The versions that run in the Traders Desktop requires several servers per barometer. The amount of data is massive. They also use multiple time frames, etc... That said, this version is pretty darn close. Just cross check with the Traders Desktop versions from time to time.
NOTE: this indicator requires up to 2 minutes to load. Why, it has to populate all of the remote data before it can draw the indicator. The indicator requires a reload every time you change the time interval. Another good reason to use the Traders Desktop versions when you need a quick look, they load instantly.
How to use this indicator
Option 1 - The easiest way to set this indicator up is to find one of my posts and select the 'make this chart mine' option. Then save the chart as a template. Then you can change the time intervals as needed and the indicator is ready to go.
Option 2 - I you prefer the manual option - load the indicator, move the indicator sub-window to the top, minimize the price chart window at the bottom, adjust the lines as preferred (i.e. thickness, type, etc...) and add a legend at the top of your chart using 'anchored text'. You must use anchored text or your labels will move with the prices. Please use Option 1, it's much easier.
Helpful Tips
A 20 minute chart with an input of '8' will be close to the Short Term Barometer
A 90 minute chart with an input of '5' will be close to the Med Term Barometer
A 4 hour chart with an input of '7' will be very close to the Long Term Barometer
Beyond that, just experiment and have fun. If you find a setting or option that you think is useful, please share it with your fellow 4X Global Members.
Please direct any/all support question to me. Yes, I agreed to that too... :P
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.
X METERThis is a custom 4X Global indicator that reads trend speed. Very useful tool when trying to time exits on trend trades and/or timing fads.
