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HL - LH Breakout Dash?

  • #121
  • Aug 24, 2017 6:41pm Aug 24, 2017 6:41pm
Quoting mor707
Hi Quants and everybody, Thank you very much for sharing your Dash Board with us. I am still trying to understand when the signals are given. I thought it happens when we had a HL and a LH and then if price break below the HL, we get a DN (Down) signal. But if I look at the USDCAD which gave a DN signal on the D1 time frame, the logic as I understand it does not correspond with what is shown on the D1 chart. But maybe I have it wrong? please explain again if my thinking is wrong. Thank you {image} {image}
Last Fractal is not Confirmed yet.
So it still does show latest Higher Low Breakout.

After last day candle will closed and new Lower Low fractal confirmed, HL Signal will cleared.

In your screenshot there is clear Higher Low breakout happend and its a sign of trend direction change.
Take it easy.
  • #122
  • Aug 24, 2017 9:36pm Aug 24, 2017 9:36pm
Latest version of Indicator updated at the first post !

Big Thanks to terranrk!
Take it easy.
  • #123
  • Edited Aug 25, 2017 12:54am Aug 24, 2017 11:16pm | Edited Aug 25, 2017 12:54am
Quoting Quants
Latest version of Indicator updated at the first post ! Big Thanks to terranrk!
if anyone has an idea or strategy they want to see turned into an indicator/EA please add me on skype at mc2147 - I'm looking for new projects to work on
  • #124
  • Aug 25, 2017 1:19am Aug 25, 2017 1:19am
Quoting terranrk
{quote} Hi mor707, The dashboard actually shows a DN signal any time there is a breakout of a higher low. For the case you mention in which there is a HL and a LH at the same time, that is indicated by the "Triangle Score" column - a "Triangle Score" of 2 means that there is a HL and LH at the same time. Looking at your screenshot, it seems that there is indeed a breakout of the HL on the daily timeframe. Hope that answers your question!
Hi terranrk and Quants,

Thank you for your replies, and you are quite right. I thought about it overnight and realised that I have to look at the Triangle Score if I want to see/ do what I want to do.

Thanks again and thank for the tool
  • #125
  • Aug 25, 2017 4:27am Aug 25, 2017 4:27am
Good day everyone.
Thank you for the great work.
I downloaded the dash board into my MT4 Indicator folder, but how do I load it?

I know this is a beginner question but please help me?

Thank you

Nicolaas82
  • #126
  • Aug 25, 2017 5:19am Aug 25, 2017 5:19am
Quoting Nicolaas82
Good day everyone. Thank you for the great work. I downloaded the dash board into my MT4 Indicator folder, but how do I load it? I know this is a beginner question but please help me? Thank you Nicolaas82

Attached File(s)
File Type: mp4 HL LH DB.mp4   2.1 MB | 649 downloads
  • #127
  • Aug 29, 2017 10:16pm Aug 29, 2017 10:16pm
Very silent..
No one using it ? )
Take it easy.
  • #128
  • Aug 30, 2017 1:35am Aug 30, 2017 1:35am
Hi Quants.

I love the strategy. I havent traded it alot but it looks good.

What do you think about using the ADX indicator to only trade in strong trends?

Nicolaas82
  • #129
  • Aug 30, 2017 4:45pm Aug 30, 2017 4:45pm
Quoting Quants
Very silent.. No one using it ? )
Dear Quants ,
it is a very good idea but you need a lot of modification as using fractals will give a lot of fake or very weak signals but you have to use a new approach to filter these fake signals as much as you so u have to replace fractals and use zigzag modified to make it more accurate or using a modified fractals that match with the real wave up and wave down as u can define it manually
  • #130
  • Aug 30, 2017 10:32pm Aug 30, 2017 10:32pm
Quoting Titooo
{quote} Dear Quants , it is a very good idea but you need a lot of modification as using fractals will give a lot of fake or very weak signals but you have to use a new approach to filter these fake signals as much as you so u have to replace fractals and use zigzag modified to make it more accurate or using a modified fractals that match with the real wave up and wave down as u can define it manually
Here is the thing titoo , According to what fake signals...
No one can say directly how many pips take profit or stop loss should be traded.

Even if you put zigzag modified or super redbull modified mustang.
Without statistics, Without trades. Without an approach or filter.
No one can say without testing and trading what to trade.

If you know most are the fake signals why just not going against it ?.. Reversed can be done.

Then it ends up with a fear of %50 win ratio where spreads eats your account.. However if we just test each breakout on entire history probably we will end up with very close to %50 wr on 1:1 trading..

Anyway. How you would take the advantage of this ratio ? ..

Trading with low spreads is one thing.

BETWEEN 1 Pip spread and 0.3 pip Spread there is a lot difference. According to my backtests i reached profitable results while using spreads below 0.3 against 1 pip.

Now , This indicator not for gamble. I can not say what to trade it with. It doesnt matter how you trade this.
without looking stats or behavior of the pattern there is just not enough data to trade any indicator in the world.
NO Data = Gamble

Its just a deep sea with instinct..

And this is the only reason there are much less people making profit than the loosers in this business..
Take it easy.
  • #131
  • Sep 8, 2017 12:33am Sep 8, 2017 12:33am
Dear Quants!
I see and probality your dash.
I use M15 TF,can you make alarm separate- separately all period?
THX
Find it The Best Entry Points
  • #132
  • Sep 8, 2017 12:39am Sep 8, 2017 12:39am
Main chart ,CHF very strong
tp fibo 423
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 241 KB
Click to Enlarge Name: Screenshot3.png Size: 293 KB
Find it The Best Entry Points
  • #133
  • Sep 8, 2017 1:01am Sep 8, 2017 1:01am
One more propose.Its very hard pair trend detect,if all TF + or - then the line end arrows.
Sorry my bad english
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 337 KB
Find it The Best Entry Points
  • #134
  • Sep 14, 2017 11:13pm Sep 14, 2017 11:13pm
The full version of the dashboard is now expired, but a trial version with 9 symbols is available here:
Attached File(s)
File Type: ex4 Dashboard_Free.ex4   43 KB | 682 downloads
  • #135
  • Sep 15, 2017 12:54am Sep 15, 2017 12:54am
According to requests after expiration, Unlimited version for 9 pairs are updated on the First page.

Enjoy !
Take it easy.
  • #136
  • Sep 18, 2017 6:13am Sep 18, 2017 6:13am
can you insert m1 as a timeframe?
Thanks in advance
  • #137
  • Sep 18, 2017 4:57pm Sep 18, 2017 4:57pm
Quoting totosapone
can you insert m1 as a timeframe? Thanks in advance
Sory , we cant due to performance
Take it easy.
  • #138
  • Sep 21, 2017 10:53am Sep 21, 2017 10:53am
Quoting vgyuszko
Main chart ,CHF very strong tp fibo 423 {image} {image}
Thank you for the feedback vgyuszko, I will include some changes in a future update
  • #139
  • Sep 27, 2017 1:11am Sep 27, 2017 1:11am
Dashboard is optimized on higher time frames. And now its faster.
Fixed some bugs.

First post updated with the indicator .. Enjoy !

Soon other Price action Indicators will released aswell.
Attached File(s)
File Type: ex4 Dashboard_9_Pairs.ex4   37 KB | 795 downloads
Take it easy.
  • #140
  • Sep 27, 2017 1:56am Sep 27, 2017 1:56am
Thanks Quants,
subscribed to the post. Will read everything and try to contribute. It looks very interesting.
BTW, i am an engineer and trader, just in case someone need...willing to help.
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