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NIH98 Journal of Whatever

  • #541
  • Jul 3, 2019 4:24am Jul 3, 2019 4:24am
Quoting rajandaas
{quote} Hi, That is meant for tablet or iphone not a PC. Furthermore they are settings for the CCI not the RSI. There is a difference. Please look at the indicator window of the chart NIH98 had posted along with his reply. It reads "CCI (666)..." He also says in the same post, "With all this setting, of course will not exactly same like main system using PC MT4, but in general will help to know 'where you are right now' " Anyway thank you for trying to be of help. Rajnidas
Oops My mistake.

Btw, hasn't Nih98 already shared his template which includes a subwindow with RSI setup in post #1?

It's just a standard MT4 RSI indicator with two Moving Averages if I'm not mistaken.
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  • #542
  • Edited 5:34am Jul 3, 2019 4:58am | Edited 5:34am
Quoting Xxyy
{quote} Oops My mistake. Btw, hasn't Nih98 already shared his template which includes a subwindow with RSI setup in post #1? It's just a standard MT4 RSI indicator with two Moving Averages if I'm not mistaken. {image} {image} {image} {image}
Hi,

The template comes with a host of other indicators that I don't use.

Tried those settings. But if you set "666" for the period in the RSI you will get an almost straight line. Not the same sir. Try it out for yourself and you will understand what I am saying. However the other moving averages in the RSI sub-window work fine

Rajnidas
  • #543
  • Jul 3, 2019 6:18am Jul 3, 2019 6:18am
Quoting rajandaas
{quote} Hi, The template comes with a host of other indicators that I don't use. Tried those settings. But if you set "666" for the period in the RSI you will get an almost straight line. Not the same sir. Try it out for yourself and you will understand what I am saying. However the other moving averages in the RSI sub-window work fine Rajnidas
That's wired. It works for me.
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  • #544
  • Jul 3, 2019 7:32am Jul 3, 2019 7:32am
Quoting Xxyy
{quote} That's wired. It works for me. {image}
Hi sir,

You have downloaded the template. Of course it works.

I am talking of the situation where I don't want to download the template. Instead I am trying to use the RSI indicator that comes with the MT4 platform. When I use that RSI with the setting "666" for the RSI period I get an almost straight line. Try it out sir and let me know how it looks.

Hope that clears the air.

Rajnidas
  • #545
  • Jul 3, 2019 8:24am Jul 3, 2019 8:24am
Quoting rajandaas
{quote} Hi sir, You have downloaded the template. Of course it works. I am talking of the situation where I don't want to download the template. Instead I am trying to use the RSI indicator that comes with the MT4 platform. When I use that RSI with the setting "666" for the RSI period I get an almost straight line. Try it out sir and let me know how it looks. Hope that clears the air. Rajnidas
Ok, now I see what you mean.

I guess you didn't uncheck Fixed minimum and Fixed maximum checkboxes. (There are checked by default)

Uncheck them and see whether it helps.
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  • #546
  • Jul 3, 2019 8:28am Jul 3, 2019 8:28am
{quote} Hi sir, You have downloaded the template. Of course it works. I am talking of the situation where I don't want to download the template. Instead I am trying to use the RSI indicator that comes with the MT4 platform. When I use that RSI with the setting "666" for the RSI period I get an almost straight line. Try it out sir and let me know how it looks. Hope that clears the air. Rajnidas

This is my clean chart with RSI 666, MA6, MA66 in a sub window. It works with no issue as long as those two checkboxes are not ticked.
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  • #547
  • Jul 3, 2019 9:21am Jul 3, 2019 9:21am
Quoting Xxyy
{quote} Hi sir, You have downloaded the template. Of course it works. I am talking of the situation where I don't want to download the template. Instead I am trying to use the RSI indicator that comes with the MT4 platform. When I use that RSI with the setting "666" for the RSI period I get an almost straight line. Try it out sir and let me know how it looks. Hope that clears the air. Rajnidas This is my clean chart with RSI 666, MA6, MA66 in a sub window. It works with no issue as long as those two checkboxes are not ticked. {image}

Thanks sir. I shall try it out tomorrow

Rajnidas
  • #548
  • Edited Jul 4, 2019 12:53am Jul 3, 2019 10:16pm | Edited Jul 4, 2019 12:53am
Quoting Xxyy
{quote} Ok, now I see what you mean. I guess you didn't uncheck Fixed minimum and Fixed maximum checkboxes. (There are checked by default) Uncheck them and see whether it helps. {image}
Hi Xxyy,

Thank you sir. It works fine now. You are a genius

I am not tech savvy.

Rajnidas
  • #549
  • Jul 4, 2019 6:32am Jul 4, 2019 6:32am
Quoting rajandaas
{quote} Hi Xxyy, Thank you sir. It works fine now. You are a genius I am not tech savvy. Rajnidas
Glad to know it works for you.
  • #550
  • Jul 10, 2019 8:26am Jul 10, 2019 8:26am
Hello Everyone.

First and Foremost, Thank you all for the bits and bytes of information shared. Really appreciate it.

for the last two days, i have been trying to put to work the various knowledge shared in here with the indicators which seems to have taken a bad toll on my laptop's performance. Now i cant even start the Metatrader platform and it seems like i am the only person experiencing this.

@Nih or anyone who can Help

Am i doomed? - meaning is there a V3 of the indicators that use less proccessing power. My Memory is 4gb ram , processor 2.5ghz I5 3rd generation

Thanks in advance
You can do it!
  • #551
  • Jul 10, 2019 11:52am Jul 10, 2019 11:52am
Quoting Kampion
Hello Everyone. First and Foremost, Thank you all for the bits and bytes of information shared. Really appreciate it. for the last two days, i have been trying to put to work the various knowledge shared in here with the indicators which seems to have taken a bad toll on my laptop's performance. Now i cant even start the Metatrader platform and it seems like i am the only person experiencing this. @Nih or anyone who can Help Am i doomed? - meaning is there a V3 of the indicators that use less proccessing power. My Memory is 4gb ram , processor 2.5ghz...
Hi Kampion

4G ram may not enough, my notebook has 16G ram. Windows OS already eats up around 1-2G RAM.
Try to upgrade your RAM to 8G, or test the indicator with MT4 on another PC with 8G RAM, see how it goes b4 upgrade yours.

KC
  • #552
  • Edited Jul 11, 2019 4:38am Jul 10, 2019 4:37pm | Edited Jul 11, 2019 4:38am
Quoting Nih98
{quote} Sir @Parisboy, of course I also learn about W.D Gann Time, Space(astronomical side), and Value(Price) Vibration, even I have copy of his hand written manuscript, also about J.M Hurst cycles concept, cycle amplitudes, sine waves, Singular Spectrum Analysis, Subsequent Theorem, etc. Thank You for your contribution. But in this Journal Thread, I try to help fellow traders who don't have time to go that deep level analysis, and only want to train their photographic mind, to look at simple waves movement in measured space field (using TMA bands...
Thanks kirincastle for you advice.

Or I could try using envelopes as suggested above. See if they ease things. Surprising though, all members who have commented on this forum have better machines then me if performance is truly the problem.

EDIT: Tried applying the envelopes only to realise the above application by Nih was to MIMIC the main chart of which my machine fails to load. So i have to find another way.

Thanks anyway
You can do it!
  • #553
  • Jul 12, 2019 2:21pm Jul 12, 2019 2:21pm
Hi NIH98,
I was wondering if you have some suggestions on rules for entry and exits for the NIH98 Open pct range mapping indicator. I prefer the fibonocci range for trading purposes but do not know how to develop some trade entry and exit rules.

Ferdinando
  • #554
  • Jul 15, 2019 6:52am Jul 15, 2019 6:52am
This very simple method gives me fixed Risk and Reward and money-management
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  • #555
  • Jul 15, 2019 7:16am Jul 15, 2019 7:16am
Quoting OAPDave
This very simple method gives me fixed Risk and Reward and money-management {image} {image} {image}
Can you please elaborate a bit your method?
I read somewhere else a system based on break out box where you enter on one side of the box and SL is on the opposite side.
The edge was all in the money management.
Cheers
  • #556
  • Jul 15, 2019 7:47am Jul 15, 2019 7:47am
Quoting Merka
{quote} Can you please elaborate a bit your method? I read somewhere else a system based on break out box where you enter on one side of the box and SL is on the opposite side. The edge was all in the money management. Cheers
Merka
You have summed it up in one, yes it's as simple as that. My theory is that we have to make a Range be it Daily Weekly or even Monthly now we know by experience that it will not always be in a straight line, they will go up a bit down a bit just to confuse us, that's were fixed Risk Reward and good money- management comes in, hence if that's in place we just keep playing until they make a dash to expand the range from a Daily to a Weekly or even a Monthly, just remember there is always a Weekly high and a Weekly low if you can spot which one comes first you can bank some good pips.
Try practising find a pair that seems to fit well with the method then by calling the setup a ladder, then go up a step then move your stop up a step opposite for down, just to get the feel of it ( not forgetting how much the range as expanded )
You can add other things to help if you feel the need, but to me the money management sorts it all out.
You can pull up many examples here is the Daily Usd Jpy
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  • #557
  • Jul 15, 2019 8:00am Jul 15, 2019 8:00am
You may find this interesting if you were trading a dollar pair ?
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  • #558
  • Jul 15, 2019 8:12am Jul 15, 2019 8:12am
@OAPDave
What is the tool you are using on your chart to create all these price levels in green and majenta colors?
It's look like similar to pevots indicator
From where is possible to download it?
Cheers
  • #559
  • Jul 15, 2019 8:20am Jul 15, 2019 8:20am
Quoting Merka
@OAPDave What is the tool you are using on your chart to create all these price levels in green and majenta colors? It's look like similar to pevots indicator From where is possible to download it? Cheers
Nih98 page 12 post 238
  • #560
  • Jul 16, 2019 4:11am Jul 16, 2019 4:11am
Quoting OAPDave
This very simple method gives me fixed Risk and Reward and money-management {image} {image} {image}

Hi OAPDAVE, Thank you very much for your insight in trading NIH98 OPEN PCT. RANGE MAPPING INDI. The breakout boxes in the charts you posted was it drawn by an indi? If so would it be possible to share the indi . I am actually looking for a breakout box indi with alerts for trading the NIH OPEN PCT RANGE MAPPING INDI.

Thanks once again for the Great insight.

Kind Regards

Ferdinando
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