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Attachments: Cornflower Hourly System
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Cornflower Hourly System

  • #621
  • Jul 16, 2007 8:17am Jul 16, 2007 8:17am
Since its an ea, you need to place it in your "experts" folder. It won't work if you place it in the "indicators" folder. Simply do it from my computer, go to your C drive and find your trading platform in the program files folder. Hope that helps. By the way, you can select a few options and if you know a bit about the hard code, you can customize it a bit. It's very useful, although i don't use it.

Quoting hyinvestp
Sorry for my question (am still a newbie): after I've download the signal in my platform, how do use it? The instruction doesn't appear in my EA but I have the coded signal in my MetaEditor.
  • #622
  • Jul 16, 2007 10:08am Jul 16, 2007 10:08am
Hello to all. Attached is a MT4 custom indicator file. Very basic functionality is implemented in this version. I named it the MA Proximity Sensor (MAP Sensor). It's a simple indicator that will alert you by playing the sound alert2.wav once the price reaches (or the price change occures) in definable distance from a moving average. The period and type of the MA can also be set. Price used for the MA computing is always the CLOSE price.
In this first version of MAP Sensor the alert is played even if the price breaks through the MA. So it will keep beeping while the price jumps around the MA +/- the pips distance.
If anybody needs more than one MA to be monitored by the MAP Sensor, simply drag more of it on the chart and configure each.

Usage:
1) copy indicator files into MetaTrader_folder\experts\indicators and start Meta Trader
2) open a chart of your choice
3) in the Navigator window find Custom indicators and scroll down to MA_ProximitySensor and drag it on the chart
4) click the Input tab. The variables meaning is:

exMaPeriod - the length of the MA period
exMaType - a textual (string) variable, which can be one of these: ema, sma, smma, lwma lower-case. In a case of any other string the fallback MA type is ema
exMaVisible - whether to draw (true) the MA or not (false)
alertPipsDistance - the distance in which the sensor starts beeping

Any ideas are appreciated. I'll be unreachable from tomorrow till the end of July.

May the PIP be with you

ptaczek
Attached File(s)
File Type: ex4 MA_ProximitySensor.ex4   3 KB | 683 downloads
File Type: mq4 MA_ProximitySensor.mq4   3 KB | 916 downloads
-pta-
  • #623
  • Jul 17, 2007 10:35am Jul 17, 2007 10:35am
My first trade as per the cornflower set up is here.

See attached chart . Pl give your feed back if i took the entry correctly.
Attached Image (click to enlarge)
Click to Enlarge Name: usd chf.jpg Size: 43 KB
  • #624
  • Jul 18, 2007 9:33am Jul 18, 2007 9:33am
Hello Guys,
Is it a good entry(short)?
I'm a bit confused about that
1. Pullback
Or
2. 8, 12, and 24 EMAs are crossed the 72 EMA.

Thanks in advance.
Attached Image (click to enlarge)
Click to Enlarge Name: EJcornflower.jpg Size: 39 KB
  • #625
  • Jul 18, 2007 10:29am Jul 18, 2007 10:29am
Quoting kisspips
Hello Guys,
Is it a good entry(short)?
I'm a bit confused about that
1. Pullback
Or
2. 8, 12, and 24 EMAs are crossed the 72 EMA.

Thanks in advance.



what is your time frame???
what is your pair???
  • #626
  • Jul 18, 2007 12:54pm Jul 18, 2007 12:54pm
Quoting shahroodi
what is your time frame???
what is your pair???
4hr TF
USD/JPY

Thanks in advance.
  • #627
  • Edited 1:30pm Jul 18, 2007 1:11pm | Edited 1:30pm
Quoting kisspips
4hr TF
USD/JPY

Thanks in advance.
You answered H4; however, the time frame you showed for USD/JPY is H1, which is the correct time frame from which to trade.

The trend appears to have reversed DOWN. Now, you need to wait for a pullback up to the 8EMA (if price is moving fast), or the 12-24EMA, which has not happened yet. When it does, you can SELL.

The same applies to you, Onlooker. I'm basing both replies on the current charts. USD/CHF had a possible SELL setup yesterday between 6-7pm (New York time). The trend was DOWN and the price reversed up and hit the intersection of the 8, 12, and 24EMAs. It's not a trade I would have taken even though it worked out. Why? Because the EMAs had not yet lined up correctly. They had all intersected and it wasn't until the following hour that they did line up correctly.
  • #628
  • Jul 18, 2007 4:18pm Jul 18, 2007 4:18pm
thx. u r the man!

Quoting ptaczek
Hello to all. Attached is a MT4 custom indicator file. Very basic functionality is implemented in this version. I named it the MA Proximity Sensor (MAP Sensor). It's a simple indicator that will alert you by playing the sound alert2.wav once the price reaches (or the price change occures) in definable distance from a moving average. The period and type of the MA can also be set. Price used for the MA computing is always the CLOSE price.
In this first version of MAP Sensor the alert is played even if the price breaks through the MA. So it will keep beeping while the price jumps around the MA +/- the pips distance.
If anybody needs more than one MA to be monitored by the MAP Sensor, simply drag more of it on the chart and configure each.

Usage:
1) copy indicator files into MetaTrader_folder\experts\indicators and start Meta Trader
2) open a chart of your choice
3) in the Navigator window find Custom indicators and scroll down to MA_ProximitySensor and drag it on the chart
4) click the Input tab. The variables meaning is:

exMaPeriod - the length of the MA period
exMaType - a textual (string) variable, which can be one of these: ema, sma, smma, lwma lower-case. In a case of any other string the fallback MA type is ema
exMaVisible - whether to draw (true) the MA or not (false)
alertPipsDistance - the distance in which the sensor starts beeping

Any ideas are appreciated. I'll be unreachable from tomorrow till the end of July.

May the PIP be with you

ptaczek
  • #629
  • Jul 18, 2007 5:22pm Jul 18, 2007 5:22pm
I have been following this thread very closely and would like to say how enjoyable it is to see support coming from so many traders for each other's benefit. I am familiar with the use of multiple time frames to take the Cf trades that occur during trending markets but in spite of looking at multiple time frames, I've always felt like these entries still carry more risk than I'd like. I have also studied Jacko's thread extensively and very much agree with all of his points, as well as many of Trader888's points. The one minor contradiction I see with the objectives of those 2 trader's approaches and the Cf system is simply the profit objective. Keeping that in mind but employing the most significant guide of the long term trend as the major filter, I have been using fractals (also known as swing points or TD points).

Before anyone goes crazy thinking this is another indicator... it's not. All it does is identify key market events - when a higher high and higher close is followed by a lower high and lower close or vice versa - These prices, while seemingly obvious, are not so easy to notice at a glance. This indicator will alert a trader to these key prices. On the chart I have attached, I show a classic (or so I believe) Cf trade that I took this morning. It shows the swing point and the entry point.

I welcome your feedback. I'm only offering this because I think it supports this system in a very unintrusive way and suggests better places to be entering the moves. I employ other criteria for the actual trade but I believe that this can be very helpful. In addition, if you set the indicator for the time frame (1h) you can switch it to a shorter time frame and it will give the swing point for the given time frame.

You will also notice that I have employed the fine template made by Pipskateer. Thank you sir for that!

Sorry if the image isn't clear. I had a problem with getting good resolution...

Joe
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 1h 7-18 fractal research.jpg Size: 41 KB
Attached File(s)
File Type: mq4 #MTF_Fractal.mq4   3 KB | 746 downloads
File Type: ex4 #MTF_Fractal.ex4   3 KB | 580 downloads
  • #630
  • Jul 18, 2007 8:22pm Jul 18, 2007 8:22pm
Quoting RJF
You answered H4; however, the time frame you showed for USD/JPY is H1, which is the correct time frame from which to trade.

The trend appears to have reversed DOWN. Now, you need to wait for a pullback up to the 8EMA (if price is moving fast), or the 12-24EMA, which has not happened yet. When it does, you can SELL.

The same applies to you, Onlooker. I'm basing both replies on the current charts. USD/CHF had a possible SELL setup yesterday between 6-7pm (New York time). The trend was DOWN and the price reversed up and hit the intersection of the 8, 12, and 24EMAs. It's not a trade I would have taken even though it worked out. Why? Because the EMAs had not yet lined up correctly. They had all intersected and it wasn't until the following hour that they did line up correctly.
Yes, H1. Sorry for the typo
  • #631
  • Jul 19, 2007 12:05am Jul 19, 2007 12:05am
Thank you jsmanuse. Looks promising.
  • #632
  • Jul 19, 2007 2:41am Jul 19, 2007 2:41am
Just wanted to say that this is a great system, make use of it people

Thank you lever70
Trade what you see, not what you think.
  • #633
  • Jul 19, 2007 8:18am Jul 19, 2007 8:18am
Quoting jsmanuse
I....... I have been using fractals (also known as swing points or TD points).
......
Joe

Joe, I wonder if we can get the Fractal with sound?
Also I wonder if there is one for higher TF ? 1h or even 4 h?

Thank you.
  • #634
  • Edited 9:10am Jul 19, 2007 9:05am | Edited 9:10am
Quoting hbrandt
Joe, I wonder if we can get the Fractal with sound?
Also I wonder if there is one for higher TF ? 1h or even 4 h?

Thank you.
hb,
I copied this from "Taters" in another thread (the guy who posted the Fractal mq4)
//---- input parameters
/************************************************** ***********************
For current timeframe set to zero.Otherwise set the "Timeframe" value to the number of minutes contained in the TF you wish to see.

PERIOD_M1 1
PERIOD_M5 5
PERIOD_M15 15
PERIOD_M30 30
PERIOD_H1 60
PERIOD_H4 240
PERIOD_D1 1440
PERIOD_W1 10080
PERIOD_MN1 43200

/************************************************** ***********************

As far as sound is concerned, I'm using a 1h time frame so a setup is quite apparent - especially when there is a decent swing point setup coming. Since swings are not confirmed until a close, there's no rush to enter a trade based on how I'm trading. I tried using the cornflower ea that is available on this thread and couldn't really make effective use of it - there are sounds available there when price reaches the selected ma's. My suggestion is to observe the validity (or lack thereof) of these points in the current Cf setup and see if they enhance your selection of trades, before adding bells and whistles... but that's just my humble opinion. Best -Joe
  • #635
  • Jul 19, 2007 9:14am Jul 19, 2007 9:14am
Quoting hbrandt
Joe, I wonder if we can get the Fractal with sound?
Also I wonder if there is one for higher TF ? 1h or even 4 h?

Thank you.
I did figure out how can I change the "indicator" to a higher TF. I still wonder if I can get a sound attached to it?

I like to try to use it with the CF...looks promising but I think it " repaints" or something ? ...did you notice that after appears then dissapears? I'm preety sure I had a fractal when I entered here ( see the chart )but now is not there anymore...looks that it turned out good anyway...but I wonder what is your experience with the fractal...

Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_004.jpg Size: 67 KB
  • #636
  • Jul 19, 2007 9:23am Jul 19, 2007 9:23am
Quoting hbrandt
I did figure out how can I change the "indicator" to a higher TF. I still wonder if I can get a sound attached to it?

I like to try to use it with the CF...looks promising but I think it " repaints" or something ? ...did you notice that after appears then dissapears? I'm preety sure I had a fractal when I entered here ( see the chart )but now is not there anymore...looks that it turned out good anyway...but I wonder what is your experience with the fractal...

Thank you
maybe we should test it on lower timeframe like m1 and m5
  • #637
  • Jul 19, 2007 9:40am Jul 19, 2007 9:40am
Quoting hbrandt
I did figure out how can I change the "indicator" to a higher TF. I still wonder if I can get a sound attached to it?

I like to try to use it with the CF...looks promising but I think it " repaints" or something ? ...did you notice that after appears then dissapears? I'm preety sure I had a fractal when I entered here ( see the chart )but now is not there anymore...looks that it turned out good anyway...but I wonder what is your experience with the fractal...

Thank you
I haven't seen that. The points don't change... so I have no idea why they'd disappear. Also, I think I'm a bit of a techtard... how do you guys get your charts to display with a good resolution when you post?
  • #638
  • Jul 19, 2007 9:50am Jul 19, 2007 9:50am
Quoting jsmanuse
I haven't seen that. The points don't change... so I have no idea why they'd disappear. Also, I think I'm a bit of a techtard... how do you guys get your charts to display with a good resolution when you post?
hehey, in metatrader, just click 'File' tab and select 'Save As Picture' from the dropdown menu. then select 'Active chart (as is)' or 'Active chart'.
  • #639
  • Jul 19, 2007 9:50am Jul 19, 2007 9:50am
Quoting hbrandt
I did figure out how can I change the "indicator" to a higher TF. I still wonder if I can get a sound attached to it?

I like to try to use it with the CF...looks promising but I think it " repaints" or something ? ...did you notice that after appears then dissapears? I'm preety sure I had a fractal when I entered here ( see the chart )but now is not there anymore...looks that it turned out good anyway...but I wonder what is your experience with the fractal...
Correct me if I'm wrong, but you couldn't possibly have had a fractal where you said because the next candle did not yet close. If that next candle were to drop below the previous candle, the previous candle would not show a fractal.
  • #640
  • Jul 19, 2007 9:51am Jul 19, 2007 9:51am
Quoting sepak.orang
maybe we should test it on lower timeframe like m1 and m5
Just my opinion, but much earlier in the thread, Felicia showed a very effective way to use the multiple time frames. Keeping in mind that closes (and thus swing points) on a larger time frame tend to carry more weight I'm not inclined to agree with getting too nit picky about using this tool in short time frames. After all, the 1h should confirm your observations in a shorter time frame. My inclination is to always be trading in the direction of the long term trend so I'd avoid looking too much at anything below the 1h swing points- however the 1h swing points ARE visible on the shorter time frames.

-Joe
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