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PlanetX Indicator - can this indi be used for trading?

  • #221
  • Mar 7, 2022 6:38am Mar 7, 2022 6:38am
Quoting joycometh
the other two indicators added to are attached below the cadjpy i took 30{file}{file} minutes ago already in profits {file}
Very nice, thank you. I'm going to check-out your indicators...
  • #222
  • Edited 7:11am Mar 7, 2022 6:48am | Edited 7:11am
Quoting joycometh
@Bestradev and ohitsyou i am indeed greatful for your system, i dont want to talk much i tthink the combination of these look promising. you guys can take a look at it{image}
M-candles is nice, but it repaints. I still like it though. I wouldn't use it alone for Entries / Exits, but it provides context, which is also important for discretionary trading. I'm adding it to my chart that already includes the PlanetX and Schaff indicators.

@joycometh -- again, thank you...

PS: On H1 I see the default settings cover all the candles for the current day. So, the height of the green / red rectangles is roughly the ADR. And if the growing rectangle increases its green height then that is a bullish clue, and a growing red rectangle is a bearish clue. Very, very nice...

PS: I take back what I said above about repainting. Though it repaints that's okay, because the indi is intended to show you the direction that price is taking during the course of the day as it attempts to reach its ADR.

PS: If it looks like a pair has reached its ADR -- i.e. the height of the green / red rectangle is roughly the same as previous days -- then that is a clue that price may be done for the day and will mostly tread water. That is, you want to enter when ADR is still "young".
  • #223
  • Mar 7, 2022 7:28am Mar 7, 2022 7:28am
Quoting ohitsyou
{quote} M-candles is nice, but it repaints. I still like it though. I wouldn't use it alone for Entries / Exits, but it provides context, which is also important for discretionary trading. I'm adding it to my chart that already includes the PlanetX and Schaff indicators. @joycometh -- again, thank you... PS: On H1 I see the default settings cover all the candles for the current day. So, the height of the green / red rectangles is roughly the ADR. And if the growing rectangle increases its green height then that is a bullish...
the important m-candles is to seat on a DAILY CANDLE in H1 entry , the hill no repaint is my entry

the setting
input: draw arrows false
colour :bands none
level: 50
entry when orange cross
the silver above 50 for buy
below 50 for sell
  • #224
  • Mar 7, 2022 7:36am Mar 7, 2022 7:36am
Quoting joycometh
{quote} the important m-candles is to seat on a DAILY CANDLE in H1 entry , the hill no repaint is my entry the setting input: draw arrows false colour :bands none level: 50 entry when orange cross the silver above 50 for buy below 50 for sell
i take a trade after ALL planetx conditions are met
  • #225
  • Mar 7, 2022 7:36am Mar 7, 2022 7:36am
Quoting joycometh
{quote} the important m-candles is to seat on a DAILY CANDLE in H1 entry , the hill no repaint is my entry the setting input: draw arrows false colour :bands none level: 50 entry when orange cross the silver above 50 for buy below 50 for sell
Thanks. And by '50' you're referring to 50% ADR?
  • #226
  • Mar 7, 2022 7:40am Mar 7, 2022 7:40am
Hey, thanks for sharing this great indicator.

This is the way I am currently using it... I am still using the original indicator, because its a tad faster than the newer versions.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 538 KB
Attached File(s)
File Type: rar SwingTradingNNFX.rar   927 KB | 608 downloads
  • #227
  • Mar 7, 2022 8:05am Mar 7, 2022 8:05am
Quoting ohitsyou
{quote} Thanks. And by '50' you're referring to 50% ADR?
i am referring to the 2nd indicator HILL NO REPAINTING
  • #228
  • Mar 7, 2022 8:15am Mar 7, 2022 8:15am
Quoting ohitsyou
{quote} M-candles is nice, but it repaints. I still like it though. I wouldn't use it alone for Entries / Exits, but it provides context, which is also important for discretionary trading. I'm adding it to my chart that already includes the PlanetX and Schaff indicators. @joycometh -- again, thank you... PS: On H1 I see the default settings cover all the candles for the current day. So, the height of the green / red rectangles is roughly the ADR. And if the growing rectangle increases its green height then that is a bullish...
M-Candles can't repaint, because it only plots candles of a higher timeframe.
You can't repaint the OHLC data.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #229
  • Mar 7, 2022 8:17am Mar 7, 2022 8:17am
Quoting joycometh
{quote} the important m-candles is to seat on a DAILY CANDLE in H1 entry , the hill no repaint is my entry the setting input: draw arrows false colour :bands none level: 50 entry when orange cross the silver above 50 for buy below 50 for sell
well i am backtesting hill and seems it is repainting ? alot of arrows appears on same time in row ..
  • #230
  • Mar 7, 2022 8:24am Mar 7, 2022 8:24am
Quoting maximusa
{quote} well i am backtesting hill and seems it is repainting ? alot of arrows appears on same time in row ..
you dont need the arrows, go to input turn draw arrows in FALSE
  • #231
  • Mar 7, 2022 8:30am Mar 7, 2022 8:30am
Quoting FundedCoffee
Hey, thanks for sharing this great indicator. This is the way I am currently using it... I am still using the original indicator, because its a tad faster than the newer versions. {file} {image}
Those Major, Minor Trend and Entry Signals are from which indicator from your pack?
NVM, I got them.
They look very nice in hindsight.
Wonder how much they repaint? I mean, I have tons of experience with these kind of indicators. They all look perfect in history, and they all repaint, in the sense that there was a signal, and then it was gone. That's why we don't see it in history.
Attached Image (click to enlarge)
Click to Enlarge Name: [DAX40]M15.jpg Size: 476 KB
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #232
  • Mar 7, 2022 8:35am Mar 7, 2022 8:35am
Quoting ohitsyou
{quote} Here is another version -- OIY-PlanetX-Hist-v6.0. I'm 95% sure it fixes the red / white circle issue. You know what the problem was? Comparing a delta value (i.e. subtraction value) to '0'. Instead I now compare to 'epsilon', where epsilon is a very small number (e.g. 0.000001). {file} Also, I'm going to clean up post #1. There will be a *.zip file will all previous versions. But the most accessible versions will be the latest one (e.g. v6) plus the original one. @BestTraderEv -- with your permission -- I would also like to create a section...
Hi,
I've tested the indicator and the marker issue seems "fixed" but there's still a big problem :
- Once a new bar is formed The histo bars starts to mess up, they goes one onto another till there are 2 histo bar of different color on the same bar and all the histo messed up. It's the same behavior that had the markers so i guess that the solution for this problem could be the same or similar, i'm attaching a video to make things clear, ( note : in the old versions, this problem of "messing up" was related to both marker and histo bars, now it is only from the histo bars, the solution may be similar or equal to the one you adopted for the markers)

Thanks again to you and all the people who are contributing for making this indi greater
Attached File(s)
File Type: zip messingproblem.zip   2.4 MB | 222 downloads
  • #233
  • Mar 7, 2022 8:59am Mar 7, 2022 8:59am
Quoting BestTraderEv
{quote} Those Major, Minor Trend and Entry Signals are from which indicator from your pack? NVM, I got them. They look very nice in hindsight. Wonder how much they repaint? I mean, I have tons of experience with these kind of indicators. They all look perfect in history, and they all repaint, in the sense that there was a signal, and then it was gone. That's why we don't see it in history. {image}
BesttraderEv can you pls share resistance/ support red/lime indicator with us
  • #234
  • Mar 7, 2022 9:07am Mar 7, 2022 9:07am
it's a very good indicator would really like to use it but with renko it's too buggy do any of you use this indicator with renko too?
Experience is the hardest teacher. It gives you the test first, and the le
  • #235
  • Mar 7, 2022 9:18am Mar 7, 2022 9:18am
Quoting Ttxiii
it's a very good indicator would really like to use it but with renko it's too buggy do any of you use this indicator with renko too?
Hi,
I've already reported the issues and the creator , @ohitsyou , already managed to solve half of the problem with the version v6.0, currently there's still a problem but i'm confident that he can fix it as he did with the other issue,just have patience !
  • #236
  • Mar 7, 2022 9:39am Mar 7, 2022 9:39am
Quoting Brambilla
{quote} Hi, I've already reported the issues and the creator , @ohitsyou , already managed to solve half of the problem with the version v6.0, currently there's still a problem but i'm confident that he can fix it as he did with the other issue,just have patience !
ahh okay, if i may ask? what were your problems with this indicator?
Experience is the hardest teacher. It gives you the test first, and the le
  • #237
  • Mar 7, 2022 9:47am Mar 7, 2022 9:47am
Quoting Ttxiii
{quote} ahh okay, if i may ask? what were your problems with this indicator?
You can see in this post https://www.forexfactory.com/thread/post/13923416#post13923416
  • #238
  • Mar 7, 2022 9:49am Mar 7, 2022 9:49am
Quoting joycometh
{quote} BesttraderEv can you pls share resistance/ support red/lime indicator with us
https://www.forexfactory.com/attachment.php/4158910?attachmentid=4158910&d=1646660405
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #239
  • Mar 7, 2022 9:53am Mar 7, 2022 9:53am
Quoting Brambilla
{quote} Hi, I've already reported the issues and the creator , @ohitsyou , already managed to solve half of the problem with the version v6.0, currently there's still a problem but i'm confident that he can fix it as he did with the other issue,just have patience !
There is no messing problem if you use my PlanetAwesome-Oscilator-MTF-v3.0 and input v6.0.
Attached Image (click to enlarge)
Click to Enlarge Name: [DAX40]M61.jpg Size: 336 KB
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #240
  • Mar 7, 2022 10:00am Mar 7, 2022 10:00am
Quoting BestTraderEv
{quote} There is no messing problem if you use my PlanetAwesome-Oscilator-MTF-v3.0 and input v6.0. {image}
what do you mean with input v6?
Experience is the hardest teacher. It gives you the test first, and the le
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