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  • #501
  • Nov 6, 2019 11:53am Nov 6, 2019 11:53am
Quoting rubion
there is an indicator i believe is a better replacement for the arrow indicator on the original BTM strategy. it is the MT4-LevelStop-Reverse indicator. it is basically an ATR-stop indicator with arrows. EDIT: i found the source code and it has been attached. {file} {file}
Thank You Rubion for the effort- It's much appreciated that you have included the source file. People can take a look under the hood and guide the decision on if/how to incorporate into the btm strategy...
  • #502
  • Nov 6, 2019 11:59am Nov 6, 2019 11:59am
Quoting rubion
there is an indicator i believe is a better replacement for the arrow indicator on the original BTM strategy. it is the MT4-LevelStop-Reverse indicator. it is basically an ATR-stop indicator with arrows. EDIT: i found the source code and it has been attached. {file} {file}
Could you explain why this is better than the BTM arrows?
I believe so I exist
  • #503
  • Edited 1:03pm Nov 6, 2019 12:35pm | Edited 1:03pm
Quoting rubion
there is an indicator i believe is a better replacement for the arrow indicator on the original BTM strategy. it is the MT4-LevelStop-Reverse indicator. it is basically an ATR-stop indicator with arrows. EDIT: i found the source code and it has been attached. {file} {file}
It would be helpful if you put the LevelStop-Reverse indicator on a chart with the BTM indicators and point out where the arrows correspond and where the arrows do not correspond., and the number of arrows each indicator produces over the same time period.

A simple "I believe is a better replacement" doesn't mean anything. I believe you will transfer $1000 to me this week. See what I mean?
To free Gazans of Hamas, use whatever it takes.
  • #504
  • Nov 6, 2019 1:07pm Nov 6, 2019 1:07pm
Quoting DrDave
TMA--The conundrum of the indicator that both repaints and does not repaint. As enigmatic as Schroedinger's cat that is both dead and alive. This is an example of why I have said in another thread that it is important to understand the indicators that you are using and not simply make assumptions about the behavior, or rely on "experts" to provide a strategy for using them. If one looks at how the TMA indicator plots the line compared to a line of a simple TMA calculation done by code, it is immediately apparent that the TMA indicator has shifted...
lol. It's a reasonably nice try to make out you know what you're talking about. The D indicator is just a TMA. It has a half period and so it repaints half the period. When I tried to explain this to you in the BTM thread I ended up getting blocked by BTM for it, you and him both denying it repaints. A bunch of other sheep immediately blocked me as well. Having sent me a PM about it, you tried to make out that the D indicator wasn't a re-painter! So now you do seem to grasp it! If you would like me to copy the PM into this board do let me know.

You have a new thread to brown-nose in, good luck with that. I appreciate this is not helpful to the thread in general and I apologise for that, but wanted to set the record straight on this point.
  • #506
  • Nov 6, 2019 1:58pm Nov 6, 2019 1:58pm
Quoting Cologne
{quote} Could you explain why this is better than the BTM arrows?
cc: Drdave

the yellow circles show signals from the original C arrow indicator. (the white arrows)

The white Circles show signals from the stop and reverse indicator. (the pink arrows)

as you can see. the stop and reverse indicator gives more signals. it gives signals where the "C arrow" indicator gives signals and even more. and it does not repaint.

i have always used ATR stops for entries. i stumbled on this particular indicator while looking the arrow version.

Attached Image (click to enlarge)
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  • #508
  • Nov 6, 2019 2:05pm Nov 6, 2019 2:05pm
Quoting rubion
there is an indicator i believe is a better replacement for the arrow indicator on the original BTM strategy. it is the MT4-LevelStop-Reverse indicator. it is basically an ATR-stop indicator with arrows. EDIT: i found the source code and it has been attached. {file} {file}
I've never encountered an indicator that kept crashing my MT4 platform like this one. Each time I try to remove it, my MT4 platform closes at once. What the heck!
I had to go into my indicator folder and delete. Please be aware! Anyone have a similar experience?
  • #509
  • Nov 6, 2019 2:05pm Nov 6, 2019 2:05pm
Quoting Piraracun
{quote} RSI - 34,cross mid line + BB, 20,2,0, cross extreme line .... {image}
There are too many signals with the RSI-34+ BB- Just a cursory look to the right will show you that...
  • #511
  • Nov 6, 2019 2:14pm Nov 6, 2019 2:14pm
Quoting LivingCovers
{quote} I've never encountered an indicator that kept crashing my MT4 platform like this one. Each time I try to remove it, my MT4 platform closes at once. What the heck! I had to go into my indicator folder and delete. Please be aware! Anyone have a similar experience?
check your comoputer. i am using this without any problems.

i found the .mq4 version while posting. i only use the .ex4 but i am sure they are the same thing. i have been using this indicator before the BTM strategy without issues.
  • #512
  • Nov 6, 2019 2:21pm Nov 6, 2019 2:21pm
Quoting LivingCovers
{quote} I've never encountered an indicator that kept crashing my MT4 platform like this one. Each time I try to remove it, my MT4 platform closes at once. What the heck! I had to go into my indicator folder and delete. Please be aware! Anyone have a similar experience?
my terminals are all ok?
  • #513
  • Nov 6, 2019 2:23pm Nov 6, 2019 2:23pm
Quoting rubion
{quote} cc: Drdave the yellow circles show signals from the original C arrow indicator. (the white arrows) The white Circles show signals from the stop and reverse indicator. (the pink arrows) as you can see. the stop and reverse indicator gives more signals. it gives signals where the "C arrow" indicator gives signals and even more. and it does not repaint. i have always used ATR stops for entries. i stumbled on this particular indicator while looking the arrow version. {image}
I see now. Thanks very much. Will test it. The screenshot shows that this indi is right most of the time.
I believe so I exist
  • #515
  • Nov 6, 2019 2:29pm Nov 6, 2019 2:29pm
Quoting Piraracun
{quote} I have better signal than BTM , but I dont want to give it up so far, so BTM hasnt improved his system .... {image}
Piraracun,

I am happy for you that you have better signals than BTM-If there it is something you want to share,please do so here- Other than that it doesn't help just posing the snapshots...

So i am minimizing your posts...

Thanks
  • #517
  • Nov 6, 2019 2:39pm Nov 6, 2019 2:39pm
[quote=rubion; 12603213] {quote} проверьте свой комопьютер. я использую это без каких-либо проблем. я нашел версию .mq4 во время публикации. я только пользуюсь им .но я уверен, что это одно и то же. я использовал этот индикатор перед стратегией BTM без проблем.[/цитата]
I have the same problem.
  • #518
  • Nov 6, 2019 2:43pm Nov 6, 2019 2:43pm
Quoting Piraracun
{quote} Ok last setup : RSI 56, BB: 160, Dev 1.3185, visible arrow. I hope if you will robust system you must trade on h1, TMA D1 ( 1440) {file}
Piaracum,

Please do a mark up of a pair with the above settings along side with the BTM arrow. Specify where both of them aligned- specify how many excess signals from the above indi-specify where the indi missed compared to BTM. After doing the above-i will undo the minimizing the post...

Thanks
  • #520
  • Nov 6, 2019 2:51pm Nov 6, 2019 2:51pm
Quoting rubion
{quote} cc: Drdave the yellow circles show signals from the original C arrow indicator. (the white arrows) The white Circles show signals from the stop and reverse indicator. (the pink arrows) as you can see. the stop and reverse indicator gives more signals. it gives signals where the "C arrow" indicator gives signals and even more. and it does not repaint. i have always used ATR stops for entries. i stumbled on this particular indicator while looking the arrow version. {image}
Thanks for the screenshot.

I see that essentially every C indicator white arrow has a corresponding pink arrow of the S&R indicator.

The S&R indicator has more signals, both for good entries and not so good entries. If this sample is a good representation, then I think the number of additional good signals justifies using the S&R signals with an alert and then manually deciding about an entry.
To free Gazans of Hamas, use whatever it takes.
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