DislikedI am no Aus but as I have followed his posts on all of the threads I can easily say that he is not a trailing stop manIgnored
Regards
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DislikedI am no Aus but as I have followed his posts on all of the threads I can easily say that he is not a trailing stop manIgnored
DislikedWondering if confirmation bar confirms by the candle type , meaning if we are on sell condition we need the bar to be a sell candle , and buy condition would need the confirmation bar to be a buy candle ...
or this doesn't matter , the confirmation bar of any type would still be a confirmation bar and its purpose is only for the stop loss setting up ... ?Ignored
QuoteDislikedOriginally Posted by howard http://www.forexfactory.com/images/buttons/viewpost.gif
Hi Aus
Is the initial stop staying under the Gann line where the comfirmation bar is located or is it trailed under the Gann line as the price moves on into profit
DislikedIt looks like it is working on MT4 but "Level Stop Reverse Indicator" gives more signals on MT4 which may end with stops.
For everyone who is demoing just watch the two platforms (prefably VTT) to take action...Ignored
DislikedHi Brok,
Check my post where I put the latest version of the indicator and see the note about saving the template. If you save the template with my indicator without getting rid of the arrow objects first, they will be saved with the template which could cause "ghost" arrows to appear later. Not sure if that's the problem or not.
BruceIgnored
DislikedWondering if confirmation bar confirms by the candle type , meaning if we are on sell condition we need the bar to be a sell candle , and buy condition would need the confirmation bar to be a buy candle ...
or this doesn't matter , the confirmation bar of any type would still be a confirmation bar and its purpose is only for the stop loss setting up ... ?Ignored
DislikedThe intial s/l is fixed at the Gann line point of the confirmation bar.
After the position has been initiated it works with 2 TP levels.
The first TP is 2 times the s/l of the fixed level (a fixed pre-determined TP level)
The second TP level is initiated when there is a reversed (opposite) signal given by the strategy. This 2nd. TP (changing/dynamic level) is thus also becoming your "trailing" s/l level. Wichever comes first (the fixed s/l or the 2nd. TP aka. sar level.
Fixed s/l hit: Exit and wait for new entry.
2nd. TP hit: Close your last lot. Calculate your new TP and s/l levels. Enter the new position.
DannyIgnored
DislikedSorry guys it's a typo.
The correct details are
you enter the market on 5 SMA.
1st TP level is 2X Stoploss.
2nd TP level is reverse signal confirmation.(it will run all the way until you get a reverse signal)Ignored
DislikedI would like to know if the sma is 3 or 5 periods. My documents have both numbers printed. Which one is the typo and which one is the correct one to use. For now I assume 5 sma.
I mitigated from vt to mt4 and imported the parameters and indicators (to many disconnects from VT last weeks). But in mt4 i do not get the dot/qqe crossing confirmation signal. Can this be added? I saw a posting with aus.zip which has this in audible form. Can this be dl and installed wihout losing the proper settings definded by Auslanco?
Also, I am looking for the definition of the QQE indicator. I do not have it found/explained in my library of (old school) books.
DannyIgnored
DislikedBy reverse signal, do you mean when we get both the arrow + dot or just either one of them?Ignored
DislikedHi markham, yes he was, but it was still in experimental stage then. (i asume) i understand it to oficialy be the 15m chart now. Also, originally, AUS used the 30m and 4h as comfirmation for the amount of pips to take ie: 30m= 20-30 pips + 4h= 50-100 pips. i think that no longer aplies aswell.....BillIgnored
DislikedHere is an updated version of my MT4-LevelStop-Reverse indicator. This one has some bug fixes and some changes to the configuration to make it a bit easier.
This is version Beta 0.2. As I get feedback, I will release newer versions as needed.
Ignored
DislikedI have the settings that you posted for your Beta 0.2 version, but on MT seems to give more signals, here you have 2 pictures attached
http://img237.imageshack.us/img237/7615/15minvo4.gif
The blue area on MT shows 2 arrows that we don't find on VT.
Just wanted to point this out.
P.S I hope the images are clear enough for the specific chart area, since on the VT image I don't have anything to highlight it, except the vertical black line.Ignored
DislikedSo we want a Dot when?
This is getting messy, I am looking at an all in one indicator like I did with the Bullseye indicator.
But for now 2 questions.
1. When do we want a dot?
2. Do you mind if I take a look at your code Bruce? I am not going to waist time if you do not want me to.Ignored