Hi Ashur, I've just tested your Centre of Gravity system over three currency pairs today and it produced 13 winners and 1 loser. I have been using the light blue heavy centre line as my centre of gravity and trading when the price goes through that line in the direction of the line and touches the first sweet spot indicator. Looks like a good indicator. You can use for Profit Target the middle band of Center of Gravity. Try it in the MetaTrader 5 terminal. May be that's another way to trade it:
Aug 10, · I eventually tracked down the source code (attached) at haxspace.cf The 'kstd' parameter controls the number of standard deviations between the outer lines and the median line. Notice that if you change the 'bars_back' parameter of the CoG, the curve changes dramatically.
Hamchoi Friday, 30 December Ama Monday, 29 February Amit Friday, 06 March We can simply analyze the trend and get the exact entry to trade by looking this picture..
But in reality it will not work.. If we opened any position and if the price moves and if its break BM TP lines. Joao Tuesday, 02 September Hi Ronald, does this indicator repaint? Because the original COG from Benkyalate does repaint, which makes it impossible to verify if passed prices crossed the upper and lower lines.
Ronald Thursday, 03 July Just put the MQ4 files indicators in the MT4 indicators folder and the tpl file template in the templates folder. If you still have problems, Google for 'installing indicators in MT4' or ask your question s at the 'Forex Factory' forum. Muhammad Tahir Friday, 03 January Stop Loss is placed below of the channel, at a distance corresponding to the spacing between the green and yellow lines:.
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.
Sorry, but i could not see any Blue line, Yellow lines and the Green lines on my chart. Tf of 1H Regards. I see only the middle line blue line….
What am I doing wrong? Thank You for the indicator. Even i cannot see any tubes or rainbow type lines in MT4 charts. Looks like a good indicator. 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.
Characteristics of Center of Gravity indicator Platform: All pairs Trading Time:
COG Centre Of Gravity Trading System
# Center of Gravity Trading System Submit by joy22 The system uses the Center of Gravity (COG) indicator to determine price overbought or oversold status. Dec 19, · Center of Gravity on Stochastic in sub window and enhanced On Chart COG. - Free download of the 'COG Center of Gravity Modification' indicator by 'brooky' for MetaTrader 4 in the MQL5 Code Base Free download of the 'COG Center of Gravity Modification' indicator by 'brooky' for MetaTrader 4 in the MQL5 Code Base/5(17). Aug 01, · The center of gravity indicator is best used to confirm major turning points, and distinguish price extremes. Generally if price reaches the upper or lower levels one should expect a turn around coming soon, or at least a pull back towards the centre line if there is a strong trend/5(6).