Red Light / Green Light

I have previously posted this on another thread.
It was for MultiCharts.

Someone asks if I can make a tradestation version.
Yes of course, here it is:


This might well be the Holy Grail you have been looking for.

Description: this is a MA based indicator

The indicator turns green when the price is trading above the MA
and turns red when the price is trading below the MA.

Format Setting:
set the General Style to Point, Weight to heavy
For the indicator to appear on the bottom of the screen, set the scale Range to Maxium=50, Minumum=-1
For the indicator to appear on the bottom of the screen, set the scale Range to Maxium=1, Minumum=-50

You can adjust the Length of the MA period.
(MC only) if you leave it at 0 (zero), the MA is automatically set to 3 periods for minute/hour/day charts
and 7 periods for tick and volume charts
Midrange is used to calculate the MA

[alfa2430]

oh,,,,,,its ok but its really very easy to find about ninja platform. go to,,,
www.ninjatrader.com sign up .remember,,,ninja is always free to use.all u need a
data feed and there are a lot free and paid .in indicators they use easy language.i m sure u will not be disappointed.this platform can be used for any kind of product,,,stock,,future,f orex and,,every thing else.some brokers give one month free data
for ninja by zenfire.phoenix trader,,velocity trader and amptrader , mirusfutures and many more.......thanks for response any way.

[aaa]

ThanX alfa2430 for your interesting info

[nkhoi]

Originally Posted by alfa2430 »

is it possible this red light/green light for ninja platform.

look for TRO poor man slot machine indicator.

[Jay Holmes]

Hi AAA -
Very interesting indicator, thank you for sharing it. Is there coding available for the Meta Trader 4 platform, if so how would I get it?
Regards, Jay Holmes jayholmes88@hotmail.com

[Jay Holmes]

Hi Tams -

Your Red Light/Green Light concept looks very interesting I would like to evaluate it in Meta Trader 4 but I have no experience in programming. The MetaQuotes Language Editor is proberly simple for experienced people but.... The program is free from many Forex brokers along with their data feeds. There are proberly many MT4 users who would also like to try it but aren't aware of it.
Would it be possible for you to give it a try, I'm sure lots of traders would appreciate it if you did as Forex is the only simple way to make any real money today.
Thank you for your time.
Respectfully, Jay Holmes

jayholmes@ca.rr.com

[aaa]

Hi Jay

but I have no experience in programming.

TL is an Xcellent beginning of programming experience 4 willingness traders

The MetaQuotes Language Editor is proberly simple

probably not !? it depends of what U want 2 do with it.

The program is free from many Forex brokers along with their data feeds.

imo, the best & quickest way 2 ruin beginners with amazing leverage

Would it be possible for you to give it a try, I'm sure lots of traders would appreciate it

Sure they will if it's free !!!

as Forex is the only simple way to make any real money today.

Like Banks betting against euro and ruins 27 countries with 500 millions people after gouvernements have lent to these banks billions 2 save them from their greediness putting population in an incredible debt + unemployment + social revolt & death ??

rgds

aaa

[aaa]

Hi AAA -
Very interesting indicator, thank you for sharing it. Is there coding available for the Meta Trader 4 platform, if so how would I get it?

It's TAMS indicator !!!

Many others nice indicators from TAMS here

http://www.traderslaboratory.com/forums/13045-tams/

aaa

PS

Sorry TAMS but I'm afraid that I answered 2 a message 4 U...
...and now it's 2 late 2 erase it...
oups

[Tams]

Originally Posted by Jay Holmes »

Hi Tams -

Your Red Light/Green Light concept looks very interesting I would like to evaluate it in Meta Trader 4 but I have no experience in programming. The MetaQuotes Language Editor is proberly simple for experienced people but.... The program is free from many Forex brokers along with their data feeds. There are proberly many MT4 users who would also like to try it but aren't aware of it.
Would it be possible for you to give it a try, I'm sure lots of traders would appreciate it if you did as Forex is the only simple way to make any real money today.
Thank you for your time.
Respectfully, Jay Holmes

jayholmes@ca.rr.com

This indicator has already been translated to MT4 (and a few other platforms),
you can google for it.

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