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Attachments: Auslanco-GBP/JPY Strength Indicator strategy
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Auslanco-GBP/JPY Strength Indicator strategy

  • #141
  • Aug 19, 2007 11:51am Aug 19, 2007 11:51am
plz check my charts
Attached Images
kermo ROcks !
  • #142
  • Aug 19, 2007 11:52am Aug 19, 2007 11:52am
Quoting kevinsw
Auslanco,
Hi Kevin.. It looks very similar to mine now.. I have attached a screen shot of my Gann trend reverse points on 1hr charts. The yellow line is the Gann Hi Low.
Attached Image
  • #143
  • Aug 19, 2007 11:54am Aug 19, 2007 11:54am
Quoting uzaircs
plz check my charts
Yepp.. it's same as mine.. Good job.
  • #144
  • Aug 19, 2007 11:56am Aug 19, 2007 11:56am
Cool beans man...

The rest look ok? or normal if you prefer? setting and all?
  • #145
  • Aug 19, 2007 12:53pm Aug 19, 2007 12:53pm
Quoting auslanco
Hi Kevin.. It looks very similar to mine now.. I have attached a screen shot of my Gann trend reverse points on 1hr charts. The yellow line is the Gann Hi Low.

Now we have to find Gann trend reverse points indicator for MT4 ... Then ask Aus how it works till he gets bored :
  • #146
  • Aug 19, 2007 1:11pm Aug 19, 2007 1:11pm
Quoting brok
Now we have to find Gann trend reverse points indicator for MT4 ... Then ask Aus how it works till he gets bored :
Post 97 or there abouts..
  • #147
  • Edited 1:36pm Aug 19, 2007 1:20pm | Edited 1:36pm
Quoting kevinsw
Post 97 or there abouts..

Thnx mate... I thought I have read all the posts... Guess I am still in the weekend mode


Edit: That is the Gann Hi-Lo indicator... What I am looking for is "Gann Trend Reverse Points Indicator"
  • #148
  • Aug 19, 2007 1:46pm Aug 19, 2007 1:46pm
Auslanco,

I have a question, if you don't mind.

Looking back on the charts, I notice that the 1H always leads the 4H when a setup occurs.

It appears the 1H SI is always above 50 (for a buy) when the 4H signals a buy. What do you consider "way above"?

You say if it is "way above" to wait for it to turn bearish then bullish again.

Does that mean to fall below 50 then cross back above it?

Also- Do you use this on any other pairs?

Thank you.
  • #149
  • Aug 19, 2007 2:29pm Aug 19, 2007 2:29pm
Que, Auslanco, Karmo and all contributors...
Thanks. downloaded and working on MT4 Platform. , Thanks to all for your patience and knowledge..keep up the good advice
Hamish
  • #150
  • Aug 19, 2007 3:37pm Aug 19, 2007 3:37pm
Quoting billbss
Auslanco,

I have a question, if you don't mind.

Looking back on the charts, I notice that the 1H always leads the 4H when a setup occurs.

It appears the 1H SI is always above 50 (for a buy) when the 4H signals a buy. What do you consider "way above"?

You say if it is "way above" to wait for it to turn bearish then bullish again.

Does that mean to fall below 50 then cross back above it?

Also- Do you use this on any other pairs?

Thank you.
I think that is why you only have around 8 trades a month, I was thinking to ask the same question what is way above, but if you back test it, i did, you will see that it can be safe to enter if QQE it is only a bit above 50 line, but it can also lead you to more losess, and you won't have the 90% succes rate. I seen that Auslanco sometimes enters a trade even if the QQE is above 50 line but he checks smaller TF for diffrent QQE crossings, things like this only come with time and after you get used with QQE and the pair moves, but it takes time...
Just my opinion.
  • #151
  • Aug 19, 2007 7:20pm Aug 19, 2007 7:20pm
For all new people wanting this stratagy.

Please download from this post.

http://www.forexfactory.com/showpost...&postcount=105

Post 97 is an older version and does not come with a nice template and readme.

Use the link above and follow instructions and you will have a setup that looks like it should with little to no effort.
Que
  • #152
  • Aug 20, 2007 5:55am Aug 20, 2007 5:55am
Quoting auslanco
This can work with any pair.. But choose your time frames carefully
Auslanco,

1st, that you for such a simple system and all the help you have given this fourm.

What TM do you say we can use for GBP/USD and EUR/USD.

Thanks

Peace
  • #153
  • Aug 20, 2007 3:12pm Aug 20, 2007 3:12pm
Quoting Peacelover
Auslanco,

1st, that you for such a simple system and all the help you have given this fourm.

What TM do you say we can use for GBP/USD and EUR/USD.

Thanks

Peace
I cant tell you exactly since I dont trade any other pairs. Best way to find out is experiment yourself with different time frames on a demo account.
  • #154
  • Aug 21, 2007 1:02am Aug 21, 2007 1:02am
auslanco http://www.forexfactory.com/images/s...ser_online.gif
Senior Member
Member Since Feb 2007
Posts: 2,419


http://www.forexfactory.com/images/icons/icon1.gif
Quote:
Originally Posted by ar1002 http://www.forexfactory.com/images/buttons/viewpost.gif
1hr 5sma is still above the candle and once it crosses above 5SMA, it is confirmed. Don't know if I am right. Please correct if I am right.

It takes very much time to type the matter as I can use only one right hand to type. Sorry for the delay.

This is easiest and quick way to know it's confirmed:

TFT/GANN.. when the line is bent on the very next bar after the cross over bar. On a buy signal.. TFT is below the bar. On a sell signal TFT is above the bar.

QQE/Strength Indicator: When the green line cross the dotted line and bent , on very next bar after the cross over bar.

Remeber before you enter you must have both these features on 4hr and 1hr charts.

Attached Imageshttp://www.forexfactory.com/images/attach/jpg.gifar.jpg (12.3 KB, 0 views)http://www.forexfactory.com/images/attach/jpg.gifar2.jpg (10.2 KB, 0 views)
  • #155
  • Aug 21, 2007 7:09am Aug 21, 2007 7:09am
So let me get this... it has to TFT/GANN and the QQE/Strength Indicator have to be bent in order to meet one of the criteria?

Regards,
Guess

Quoting fourxtrader
auslanco http://www.forexfactory.com/images/s...ser_online.gif
Senior Member
Member Since Feb 2007
Posts: 2,419


http://www.forexfactory.com/images/icons/icon1.gif
Quote:
Originally Posted by ar1002 http://www.forexfactory.com/images/buttons/viewpost.gif
1hr 5sma is still above the candle and once it crosses above 5SMA, it is confirmed. Don't know if I am right. Please correct if I am right.

It takes very much time to type the matter as I can use only one right hand to type. Sorry for the delay.

This is easiest and quick way to know it's confirmed:

TFT/GANN.. when the line is bent on the very next bar after the cross over bar. On a buy signal.. TFT is below the bar. On a sell signal TFT is above the bar.

QQE/Strength Indicator: When the green line cross the dotted line and bent , on very next bar after the cross over bar.

Remeber before you enter you must have both these features on 4hr and 1hr charts.

Attached Imageshttp://www.forexfactory.com/images/attach/jpg.gifar.jpg (12.3 KB, 0 views)http://www.forexfactory.com/images/attach/jpg.gifar2.jpg (10.2 KB, 0 views)
  • #156
  • Aug 21, 2007 4:17pm Aug 21, 2007 4:17pm
Que, Auslanco, Karmo and all contributors...

Many, many thanks!

I'm an engineer and I've done lots of web/script programming and I find it pays dividends to get the littlest details correct. (I hope you won't think I'm being too picky).

I'll get straight to the point...I have 3 suggestions for improving the QQE_Alert indicator.

1. With all my alerts from various indicators, I like to know the price at the moment the alert was issued. This helps one evaluate over time just how fast one should react to an alert. If I know that price nearly always retraces in a few minutes or longer, I can relax. Also, some alerts occur before the bar close, but price may change to where there wasn't a cross after all.

The clearest way to give price is to give "Bid" price for DOWN alerts and "Bid + spread = Ask" for UP alerts:

GPYJPY 5M QQE Lines Crossed DOWN !!! @ 226.77
GPYJPY 5M QQE Lines Crossed UP !!! @ 226.77 + 0.08 = 226.85

The code to insert would be as in the following lines:
Alert(" ... DOWN !!! @ ",Bid);
Alert(" ... UP !!! @ ",Bid," + ",Ask-Bid," = ",Ask);
(NOTE: Use LOTS of spaces (6?) before the "@" for better readability!)


2. Whenever anyone says something like "the H1 crossed" or "one bar after the cross"... these are not clear because we have an inadequate naming convention!

We are using the word "cross" (or "crossed") to describe 2 independent events. For clarity, we should change our terminology both in our postings, and in the indicators (to reinforce the change of words):


Current Alert Text:
GPYJPY 5M QQE Crossed 50 Line DOWN !!!
GPYJPY 5M QQE Crossed 50 Line UP !!!
GPYJPY 5M QQE Lines Crossed DOWN !!!
GPYJPY 5M QQE Lines Crossed UP !!!

The use of the same words "Crossed" and "DOWN" and "UP" for two different actions is confusing, especially with a long list of alerts over several hours.

Proposed Alert Text (with prices added also):
GPYJPY 5M QQE is BELOW 50 Line!!! @ 226.77
GPYJPY 5M QQE is ABOVE 50 Line!!! @ 226.77 + 0.08 = 226.85
GPYJPY 5M QQE Lines Crossed DOWN !!! @ 226.77
GPYJPY 5M QQE Lines Crossed UP !!! @ 226.77 + 0.08 = 226.85

It follows that we should never again say "... it crossed the 50 line." Rather, say anything like "... it is (or "went" or "goes") above the 50 line."


3. My 3rd suggestion is to offer the user a field to supply a custom sound file. All my alerts otherwise sound the same, but if I can give a custom alert sound, it helps to distinguish them from each other. I don't have such code handy, but if you need an example, I will dig one up. Just say the word...


Thanks again for the indicators. Great work, and Auslanco, Karmo, ... thanks for sharing your system(s)!

Que, please consider these 3 enhancements to the code, and I'm grateful you were willing to provide them in the first place.

Pips4life
  • #157
  • Aug 21, 2007 4:31pm Aug 21, 2007 4:31pm
so next hour either an incredible break out

or even a smaller bar
Attached Image (click to enlarge)
Click to Enlarge Name: geppy.jpg Size: 56 KB
give me my pips back...
  • #158
  • Aug 22, 2007 1:38am Aug 22, 2007 1:38am
Quoting pips4life
Que, Auslanco, Karmo and all contributors...

1. With all my alerts from various indicators, I like to know the price at the moment the alert was issued. This helps one evaluate over time just how fast one should react to an alert. If I know that price nearly always retraces in a few minutes or longer, I can relax. Also, some alerts occur before the bar close, but price may change to where there wasn't a cross after all.

The clearest way to give price is to give "Bid" price for DOWN alerts and "Bid + spread = Ask" for UP alerts:

GPYJPY 5M QQE Lines Crossed DOWN !!! @ 226.77
GPYJPY 5M QQE Lines Crossed UP !!! @ 226.77 + 0.08 = 226.85

The code to insert would be as in the following lines:
Alert(" ... DOWN !!! @ ",Bid);
Alert(" ... UP !!! @ ",Bid," + ",Ask-Bid," = ",Ask);
(NOTE: Use LOTS of spaces (6?) before the "@" for better readability!)
Well this is easy enough to do, Not a problem, I do not see how this would negitivly effect anyone.

Quoting pips4life
2. Whenever anyone says something like "the H1 crossed" or "one bar after the cross"... these are not clear because we have an inadequate naming convention!

We are using the word "cross" (or "crossed") to describe 2 independent events. For clarity, we should change our terminology both in our postings, and in the indicators (to reinforce the change of words):


Current Alert Text:
GPYJPY 5M QQE Crossed 50 Line DOWN !!!
GPYJPY 5M QQE Crossed 50 Line UP !!!
GPYJPY 5M QQE Lines Crossed DOWN !!!
GPYJPY 5M QQE Lines Crossed UP !!!

The use of the same words "Crossed" and "DOWN" and "UP" for two different actions is confusing, especially with a long list of alerts over several hours.

Proposed Alert Text (with prices added also):
GPYJPY 5M QQE is BELOW 50 Line!!! @ 226.77
GPYJPY 5M QQE is ABOVE 50 Line!!! @ 226.77 + 0.08 = 226.85
GPYJPY 5M QQE Lines Crossed DOWN !!! @ 226.77
GPYJPY 5M QQE Lines Crossed UP !!! @ 226.77 + 0.08 = 226.85

It follows that we should never again say "... it crossed the 50 line." Rather, say anything like "... it is (or "went" or "goes") above the 50 line."
This says crossed on both as that is actually what the alert is looking for. It only Alerts when the Dark Blue line crosses the 50 line. It does not alert again until another cross takes place. No need to spam anyone.

Quoting pips4life
3. My 3rd suggestion is to offer the user a field to supply a custom sound file. All my alerts otherwise sound the same, but if I can give a custom alert sound, it helps to distinguish them from each other. I don't have such code handy, but if you need an example, I will dig one up. Just say the word...
Pretty easy again, so this will be done.
Que
  • #159
  • Aug 22, 2007 3:33am Aug 22, 2007 3:33am
Ok New QQE Alert

Changes:

Now has Price on Output
User Defined text before price on Output
Alerts only trigger One Time, not Two for each Alert


*Note* Can not change sound as the PlaySound function and the Alert Function does not work together in an indicator. If you change your Alert sound in the options page of MT4 it will change it for all alerts.
Attached File(s)
File Type: ex4 ###QQE_Alert_MTF_v3###.ex4   10 KB | 1,467 downloads
Que
  • #160
  • Aug 22, 2007 12:04pm Aug 22, 2007 12:04pm
Thank you so much for the MetaTrader 4 indicators. It is so much easier to only use one application.
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