Sorry guys,
Forgot the chart. Hope your mother sees this thread.
Cheers
Forgot the chart. Hope your mother sees this thread.
Cheers
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DislikedHi GCTrader,
Thanks for your generosity in sharing this method. I used to be a subscriber to ProRealTime/IT-Finance, and felt very blessed when CMC adopted their charting platform.
I've been attempting to duplicate your original BACKTEST as opposed to the INDICATOR.
I'll put up the inidicator on the charts, but I'd like to have the backtest as a point of reference, as well as to add more lots on backtest confluence trades.
In the original .doc file you have the variables as follows:
P
PIVOT DEVIATION
MIN 0
MAX 40
STEP 1
L
TRIGGER
MIN 0.003
MAX 0.008
STEP 0.0001
B
BOLLINGER BANDWIDTH
MIN 17
MAX 27
STEP 1
A
MACD THRESHOLD
MIN 3
MAX 9
STEP 0.1
When attempting to create the backtest, the variable possibilities are >0, >=0, or no restriction. Can you clarify which option for each variable? My platform just seems to hang when optimizing.
Thanks for your efforts and happy pipping to everyone.
JamIgnored
Dislikedhello guys.
I posted on this thread in the beginning using a variation of this system (the acutal 12 b.bands around the price) along with Dollie's system. I am posting 2 trades I got today (I'm a scalper).
Are we any closer to getting at MT4 Squeeze indicator or is it a lost cause. I would love to add that to my arsenal.
GCT - if not, does your platform allow for free demos so I can access the charts?Ignored
DislikedOk, story book time!
To get this indicator working, follow these steps.
1) The charts I use are from prorealtime
http://www.prorealtime.com/common/pa...ge=EN&from=GCT
2) Now select indicator/backtest up the top right of the chart
3) Select new indicator and name it.
4) copy and paste the code from previous posts as shown here
http://img442.imageshack.us/img442/7299/story1li1.jpg
5) Next, set up the variables which are up the top right and enter in as follows
http://img505.imageshack.us/img505/100/story2gh0.jpg
http://img505.imageshack.us/img505/3159/story3zk1.jpg
http://img299.imageshack.us/img299/116/story4yk6.jpg
6) Now to setup the trigger level on the bollinger bandwidth.
Add another indicator, select bollinger bandwidth.
7) Create another indicator called trigger and enter in
trigger = undefined
trigger=(lowest[sample](BollingerBandWidth[18](close)))+A
return trigger
8) The variables are
A
Trigger Float
float
>0
0.002
Sample
sample period
integer
>0
38
9) Click validate then close the indicator.
10) go back to the Bollinger bandwidth indicator setup and hit add, go to the trigger indicator. It should come up on the bollinger bandwidth now.
That should be it, if you have any problems just post and I will see what I can do... Enjoy!
GCTrader
Ignored
DislikedHey Criss73,
I had the same problem.
In the code, change the second line to this:
L=(lowest[period](BollingerBandWidth[18](close)))+C
In the script GCTrader gave last, period was actually SAMPLE. I changed it to period and that seemed to get rid of the error. Maybe ask GCTrader directly, as I'm still having problems adjusting the decimals on the MACD threshold.
JamIgnored