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(binned per thread starter’s request) Indicators for Discretionar

  • #221
  • Jan 10, 2021 1:57am Jan 10, 2021 1:57am
Quoting robots4me
The Ultratrend indicator is a modification of Nihilist's Ultra Trend indicator.
Just to mention, original Nihilist Ultra Trend should not be used for simple visual backtest, it recalculates.
  • #222
  • Jan 17, 2021 10:07am Jan 17, 2021 10:07am
congratulations to the creators. This is a wonderful trading system, love itand I would love to join this thread. I have adjusted the system for me with Asia Session to see whether the second 4H candle was above or below the first close candle, the csDash also from this forum, an indicator for spread, candle time, change% and current profit / loss for all open positions. In addition, the ADR.
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  • #223
  • Jan 17, 2021 10:25am Jan 17, 2021 10:25am
Quoting PaGaLeO
congratulations to the creators. This is a wonderful trading system, love itand I would love to join this thread. I have adjusted the system for me with Asia Session to see whether the second 4H candle was above or below the first close candle, the csDash also from this forum, an indicator for spread, candle time, change% and current profit / loss for all open positions. In addition, the ADR. {image}
@PaGaLeO -- very nice. Please tell me more about your rationale for comparing the first two H4 candles of the Asian session. I also find that an interesting time to enter trades.
  • #224
  • Jan 17, 2021 11:05am Jan 17, 2021 11:05am
Hello Robots4Me. If the day starts again at 0:00 with the first H4 candle (blue vertical line) I pay attention to when the first candle closes. We can see that on the right line of the candle. If the bottom line of the second candle is lower or higher, it often shows the trend for the rest of the day. I also look at the last candle from the day before and see whether the 0 o'clock candle follows the trend. I secure this strategy with the great indicators from this thread and pay attention to a sufficient stop loss
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  • #225
  • Jan 17, 2021 11:29am Jan 17, 2021 11:29am
Quoting PaGaLeO
Hello Robots4Me. If the day starts again at 0:00 with the first H4 candle (blue vertical line) I pay attention to when the first candle closes. We can see that on the right line of the candle. If the bottom line of the second candle is lower or higher, it often shows the trend for the rest of the day. I also look at the last candle from the day before and see whether the 0 o'clock candle follows the trend. I secure this strategy with the great indicators from this thread and pay attention to a sufficient stop loss{image}
@PaGaLeO -- this is really excellent, thank you. Recently I've also been paying attention to the beginning of the day -- GMT 00:00. And I've been using Nihilist's Ultimate ADX indicator as an aid to determine the initial trend. I can't include a link because he is a commerical member, but if you are interested you should have no trouble finding it. Again -- thanks for sharing your observations and setup.
  • #226
  • Jan 17, 2021 1:07pm Jan 17, 2021 1:07pm
Quoting robots4me
{quote} @PaGaLeO -- this is really excellent, thank you. Recently I've also been paying attention to the beginning of the day -- GMT 00:00. And I've been using Nihilist's Ultimate ADX indicator as an aid to determine the initial trend. I can't include a link because he is a commerical member, but if you are interested you should have no trouble finding it. Again -- thanks for sharing your observations and setup.
@robots4me i know the nihilist indicators and the ultimate adx has already successfully made great entries for me. I have been working quite successfully with csDash for some time as in the picture above. Correlations have to be read correctly, then it is often very easy. I'll give an example of a couple that many would not have suspected after the picture. I use csdash often also in asia session . Trix, Bressert, OBV2 and Lazy confirm what i see - i love it.
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  • #228
  • Jan 17, 2021 1:27pm Jan 17, 2021 1:27pm
Quoting Akiroo
{quote} Hi, PaGaLeO. Thank you. Can you tell me detail your trading method? Entry and exit rule? Bestregards. thanks.
@Akiroo -- this isn't a trading thread -- there are other threads devoted to trading. I don't mind if @PaGaLeO shares his strategy -- but the level of detail is up to him. Plus, there is no way you can reproduce his discretionary trading so, please, don't ask quesitons like that. @PaGaLeO shared some important clues with you -- now go and try to figure out some things on your own...
  • #229
  • Jan 17, 2021 1:29pm Jan 17, 2021 1:29pm
Quoting PaGaLeO
{quote} @robots4me i know the nihilist indicators and the ultimate adx has already successfully made great entries for me. I have been working quite successfully with csDash for some time as in the picture above. Correlations have to be read correctly, then it is often very easy. I'll give an example of a couple that many would not have suspected after the picture. I use csdash often also in asia session . Trix, Bressert, OBV2 and Lazy confirm what i see - i love it. {image}
@PaGaLeO -- csDash is new to me. I'm taking a look at it now and, yes, I can see why you like it. Thank you.
  • #230
  • Jan 17, 2021 1:31pm Jan 17, 2021 1:31pm
Quoting robots4me
{quote} @Akiroo -- this isn't a trading thread -- there are other threads devoted to trading. I don't mind if @PaGaLeO shares his strategy -- but the level of detail is up to him. Plus, there is no way you can reproduce his discretionary trading so, please, don't ask quesitons like that. @PaGaLeO shared some important clues with you -- now go and try to figure out some things on your own...
I'm sorry I didn't understand this thread. I'll be careful next time. Look at your post and study.
  • #231
  • Edited 1:12pm Feb 1, 2021 12:03pm | Edited 1:12pm
Quoting RoninTheory
{quote} hello r4m sorry to bother you just your very clued up in your field and im after some advice im running a oscillator on renko and between the renko and the oscillator its causing the system to jam being a knoob and most certainly a spaz the only thing i can think to remedy is altering bar look back however - i don't know whether changing the bar look back would change the signals so in short the question id like to ask is does bar look back alter signals or formula it is calculating the only other thing i can think of is runing part on one...
From a distance it's impossible to troubleshoot the problem -- but I'll make a few comments:

1. MT4 charts are "single-threaded" and each chart is given a brief time slice by the CPU. When the time expires then MT4 pauses that thread and moves to the next chart. If the chart can't complete it's computations within the alotted time slice -- too bad. If a chart is bogged down with too many indicators then it brings MT4 to its knees.

2. Renko is an offline chart, right? Offline charts are the worst CPU hogs. One offline chart with maybe a couple of indicators is the most a particular MT4 session can handle without noticable decline in responsiveness.

3. Under Tools / Options try decreasing "Max bars in history" and "Max bars in chart" to < 1000. It can make a difference and you really don't need indicators and offline charts performing calculations on zillions of bars you can't see.

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  • #232
  • Last Post: Feb 1, 2021 3:00pm Feb 1, 2021 3:00pm
Quoting RoninTheory
{quote} hello sir sorry to bother you again i tried that it crashed so i used my EXTREAMLY limited common sense and i am by no means a coder i cracked open the source and i'm wondering if this is what's causing it to crash says math min 5000 so im assuming (which is never wise to assume anything) that making the 1000 bar is disrupting the indicator would i be correct ? also if i just alter 5000 to a thousand should that in theory remedy the problem sorry to bother you and thankyou for your time {image}
Hello -- not my indicator, not my code. The person who wrote that app hard-coded a requirement for a certain number of bars -- greater than 1000. Why so many bars? I haven't a clue. It's a good idea to learn enough *.mql4 so you can fiddle a bit and make changes if you need to.
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