What is the exit plan?
Supernova GBP/JPY Mini Trend Catcher
- #182
- Aug 28, 2007 7:59am Aug 28, 2007 7:59am
- Joined Apr 2006 | Status: Trader | 4,301 Posts
What is the exit plan?
- #184
- Aug 28, 2007 8:09am Aug 28, 2007 8:09am
- Joined Apr 2006 | Status: Metatrader Programmer | 1,422 Posts
- #186
- Aug 28, 2007 9:18am Aug 28, 2007 9:18am
- Joined Apr 2006 | Status: Metatrader Programmer | 1,422 Posts
looks amazing skyline! Will post it to the front of the thread when I get home tonight. I'll try and remember to give you credit for it this time hehe
- #189
- Aug 28, 2007 10:18am Aug 28, 2007 10:18am
- Joined Apr 2006 | Status: Metatrader Programmer | 1,422 Posts
Hey skyline, I've tested your version and it looks even better than the one I looked at previously, the adx and qqe look slightly different, but they're giving fewer false signals so it seems like a good difference to me! And im sure crytens' seal of approval is the final word.
Can I make a suggestion? Im right in saying you can code mq4 sky? Have you seen the multitimeframe bulls versus bears indicator? it basically gives you a green or a red dot for each candle telling you if the indicator is signalling long or short. Could you do this for these? It would look something like the picture ive attached. Basically, if the momentum was short the dot would be red and vice versa. Candle close would be green if above teh t3 line etc. You get the general idea. Each candle would be calculated seperately so it would give a clear visual aid. Youd have to be careful how you code it to make sure it doesnt repaint.
ps. The picture's crap but im sure you get the idea!
Anyway if I could get the list code about indicator MTF bulls vs bears (or something similar) I can try to adapt it to supernova system.
Skyline
- #195
- Aug 28, 2007 11:38am Aug 28, 2007 11:38am
- Joined Apr 2006 | Status: Trader | 4,301 Posts
for those with metatrader MTF stochs would probably work very well with this method
- #198
- Aug 28, 2007 12:11pm Aug 28, 2007 12:11pm
Just done a manual backtest in metatrader using the cross of the TWO QQE lines (is this correct, or should it be when they cross the 50 line??), Seems to be spot on to me. Signals look solid. Cant see the dots at the cross of the QQE, but the audble alert is fine. Thanks for sharing this cryten, looks like your on the list of generous traders along with spud now!
it's the cross of the rsiindex with the rsislow, forget the 50 line, i didn't notice any benefit in having it but missed opportunites
- #199
- Aug 28, 2007 12:12pm Aug 28, 2007 12:12pm
Ok finally I created the template that looks exactly as vt one (hope
I had to fight with some problems since I thought that ADX should be used but I was wrong. Infact we have to use instead of ADX (Average Directional Movement Index), the Directional Movement Index (DMI) that's not provided by default in metatrader.
I created the QQE Alert v1 indicator that paint the dot as in vt platform. Setting the AlertRSISlow to true , the indicator will consider the cross between the QQE and slow RSI otherwise the cross between the QQE and fast RSI.
I also fixed the T3 issue that didn't refresh correctly as someone pointed out some posts ago.
Here you can also check how vt and mt platform looks really similar now
Cryten, is this metatrader template approved to be used with your method ?
I'd like to receive some feedback from mt users if this template is working fine. thanks
Wow it s work great with MT4 ! Thanks a lot for your BIG work Skyline, you're the Man !
Luk