Center of Gravity Scalper EA.
Center of Gravity Scalper EA.
The Nmbr_Bars setting for each pair that I have used, and seem to have the most efficiency with the repaint for each pair is as follows:
Good luck funyoo, looking forward to it.
The Nmbr_Bars setting for each pair that I have used, and seem to have the most efficiency with the repaint for each pair is as follows:
Good luck funyoo, looking forward to it.
Idea for the Centre of Gravity system.
Function already in there.
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EasyTrading Center of Gravity.
Finally available on the mql5 Market, you can now use the full Center of Gravity indicator.
It is very easy to use , on all currency pairs, indices, all time frames. If you have not found an indicator that suits you, take a look at the screenshot and try it now!
What is Your Situation?
You lose money; You're not sure when to enter position; You close just before price goes back in your direction; You use indicators but they are not effective; Possibly you have taken courses, you used robots, they earn some pips then lose a lot, etc.
I've been there too. I heard about Belkhayate at a seminar on technical analysis, then I did some research on the Internet and I found this method. I implemented this for MetaTrader 5.
Is it the Perfect Indicator?
Finally available on MetaTrader 5, the EasyTrading Center of Gravity indicator is an indicator to quickly show:
The price trend; The strength of the trend; The range of variation; Clearly identifiable input signals; Many options for closing; In one glance!
The Price Follows the Law of Physics.
The Center of Gravity indicator, as its name suggests, displays the center of gravity during a given period. Indeed, everyone has noticed a Forex price evolves in small waves as a general trend . This is true regardless of the time frame with which we look at the price. Once a line is drawn from the center of gravity, we observe that the price crosses the line from the top and the bottom, and so on.
Fibonacci at the Heart of the Algorithm.
Fibonacci retracements are used by all traders. They define the likely magnitude of successive rebounds after a strong stock movement. They are particularly relevant, since traders use these coefficients to calculate at what level to place their orders.
These Fibonacci factors are integrated into EasyTrading Center of Gravity. They define the levels of red and green lines.
What are All the Colored Lines?
The blue line in the middle is the center of gravity. The price always revolves around it over the given period. Then, the gray lines represent the standard deviation of the price from the center of gravity. It is normal and common for the price to cross these lines, as you will notice on any indicator display.
Finally, the red and green lines are obtained by applying different levels of Fibonacci to the curve of the standard deviation, which gives us areas of overbought and oversold. According to Mostafa Belkhayate's statistics and verified by myself, when the price is in this area, we are 80% sure it will go back at least to the blue line .
Universal Indicator.
This indicator works on Forex, CFD, indexes. in fact, I have not yet found an asset over which it does not. It works in particular with:
Finally Available on MetaTrader 5.
I decided to publish this algorithm now because I believe it should not interfere with my profits if other people use it. That's why I've completely rewritten this indicator in MQL5 (my favorite platform), optimizing everything that could be to make it as simple as possible for you .
It reacts exactly like the original indicator, so you can use it with all methods that already exist on the Internet.
Simply drag the indicator on the MetaTrader chart for the symbol that you are interested in and you instantly see all the information that you missed befo re . Visually choose the Stop Loss and wait to pick up the pips.
The Simplest in the World.
With Center of Gravity, there's no need to be an expert for years for successful trading. An 8 year old child could use it as well as you.
As soon as I have time, I will publish detailed articles on mql5 to explain simple and winning strategies, how to set the indicator, how to manage positions, how to program a robot from the indicator, etc. But honestly, the indicator is so simple that you will not need to read this ! And there are already plenty of resources on the Internet.
There are never any calculations to do, everything is visual. Just wait for the right time and click.
Installation.
Simply install it now. And become a winning trader.
Contact me if you need anything to install the indicator (usually everything is automatic). I can take a few days to answer based on my availability.
To get the EasyTrading Center of Gravity indicator, click the "Demo" link or "Buy" on the left . It will automatically install the indicator for your platform. Tell me the news.
Center of Gravity for trading in the channel.
Center of Gravity is the channel indicator that appears on the chart of the currency pair channel, consisting of 5 lines:
Blue line – middle line of the channel Green line – internal borders of the channel Yellow lines – external borders of the channel.
The distance between the internal and external borders are in direct dependence on the level of volatility. The higher the volatility is, the shorter the interval between boundaries.
Characteristics of Center of Gravity indicator.
Platform: Metatrader4 Currency pairs: All pairs Trading Time: Around the clock Timeframe: Any, recommended H1 and higher Recommended broker: Alpari.
Center of Gravity indicator is used in channel forex strategies and involves the use of two types of entry points:
Rebound from the border of the channel.
Prices rebound from the lower border of the channel open a buy position, the first take profit set in the middle line of the channel, the second Take Profit – at the top border of the channel. Stop Loss is placed below of the channel, at a distance corresponding to the spacing between the green and yellow lines:
Price crosses the center line of the channel.
Signal for opening a long position is the price crossing the midline of the channel from the bottom up, to open a short position - from top to bottom. Take Profit and Stop Loss set at a level of internal boundaries of the channel.
Center of Gravity indicator has the disadvantage of repainting of the channel, which is especially pronounced at the younger Time Frames.
In the archives Center_of_Gravity. rar:
Free Download Center of Gravity.
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6 Responses.
Hi, have an alert for this indicator? center of gravity.. thanks.
Thanks very much.
Sorry, but i could not see any Blue line, Yellow lines and the Green lines on my chart. Tf of 1H.
I see only the middle line blue line….but the other two outer lines do not appear. What am I doing wrong?
Thank You for the indicator. Even i cannot see any tubes or rainbow type lines in MT4 charts. Please help. Thank You.
Looks like a good indicator. I am Getting Center Blue Line Only! Could You Please Explain How To Install The Indicator To Show All The 5 Lines? Please help.
Forex Strategies Forum.
The Center of gravity MT4 Expert Advisor.
The Center of gravity MT4 Expert Advisor.
Re: The Center of gravity MT4 Expert Advisor.
Re: The Center of gravity MT4 Expert Advisor.
Re: The Center of gravity MT4 Expert Advisor.
Functions CheckIndicatorForOpen (entry strategy) and CheckIndicatorForClose (exit strategy) needs to be modified.
Re: The Center of gravity MT4 Expert Advisor.
i am looking at it now.
maybe some time we can talk on skype.
i would like that.
my name on skype is the same as here.
give me a call any time.
Re: The Center of gravity MT4 Expert Advisor.
Re: The Center of gravity MT4 Expert Advisor.
it works according to the original rules and right now it is for 5 digit systems - will need adjustments to work for the 4 digits.
i have only done a little testing so far but it seems to be opening the trades at the right time.
right now i have a fixed lot size set of 0.10 - it needs to have your code plugged back in for optimizing again.
since the spread between the cog lines can be more than 20 pips then that means that the stoploss from the inner most cog line to 10 or 20 past the outtermost cog line can be as high as 80 pips or so - that means some form of risk limitation should be set up where a maximum spread for stoploss and the number of open orders etc needs to be made -
Re: The Center of gravity MT4 Expert Advisor.
that would be to not open orders at the time of first passing the cog line.
but waiting until the price peaks out and starts reversing and then open the orders as the price passes back across the cog line in the opposite direction.
i think that would reduce draw down and margin usage.
i just wonder if the trend would often reverse as the price peaked - if that happened then you wouldn't have any orders placed as price moved back through the cog lines.
hmmm - it is starting to seem like we might need a trend strength measurement.
Re: The Center of gravity MT4 Expert Advisor.
I think we need to combine this strategy with some other indicator. Edlogic, I will try to call you on Skype soon.
Re: The Center of gravity MT4 Expert Advisor.
i am also going to try setting the stop loss and take profit at offsets from the outer COG lines.
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