Supernova GBP/JPY Mini Trend Catcher | Page 30 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Forex Trend Catcher EA 721 replies

trend catcher fib ea 5 replies

Early Trend Catcher Part2 46 replies

Early Trend Catcher 31 replies

Trend Catcher 5 replies

Attachments: Supernova GBP/JPY Mini Trend Catcher
Exit Attachments

Supernova GBP/JPY Mini Trend Catcher

  • #581
  • Sep 1, 2007 7:27am Sep 1, 2007 7:27am
For those interested in creating custom TF's in MT4 (such as 10M), check this out:
http://www.forexfactory.com/showpost...55&postcount=3

Also, i still have the problem with Supernova v1 only displaying yellow bars. At least one other individual has posted here that he has the same problem. Anyone else ?
  • #582
  • Sep 1, 2007 7:32am Sep 1, 2007 7:32am
Quoting cryten
Found this on Forex-TSD It's not perfect as per comments below but is the only MT4 indicator with the source code I can fine. might help somebody?

"Goover

Hi,

I coded this, but it is not working smoothly, if someone can fix it, it would be great."

--------------------------------------------------------------------------

Hi Goover,

Thanks for the QQE indicator. But the lines are too close together, it's kinda hard to see unless you really enlarge the indi window. Can you help to make the lines a bit farther than each other please .... Thanks in advance.


forget about that indicator... the good QQE in MT4 sourcecode is this one
Attached File(s)
File Type: mq4 QQE.mq4   3 KB | 756 downloads
  • #583
  • Sep 1, 2007 7:36am Sep 1, 2007 7:36am
Your system looks vewwy vewwy good .
Combined with the Supernova_v1 indicator posted here, even a monkey can make money with it!
Few questions - 1. You place your stoploss right below the T3 MA for a short trade, and right above the T3 MA for a long trade? Or is it the other way around?
Why am I asking this? Because the stops look so good... many stop are less than 10 pips... Which makes it a crazy pip machine - because with small SLs you can use relatively huge positions with a small account, and make some outrageous money...
2. What's the thing about Heiken Ashis? How do they differ from a normal candle? Is there a possibility you get stopped out, while you don't see it with the Heiken Ashi candles?
3. Is there any limitation for the wait time from the Dot Signal appearance to the other indicators agreement?
4. Can you trade it with any pair I like? (Clue : VOLATILE ones!!! )Thank you for this great system...
Money for nothin' and pips for free!
  • #584
  • Sep 1, 2007 7:39am Sep 1, 2007 7:39am
Quoting emda
forget about that indicator... the good QQE in MT4 sourcecode is this one
wow! how did you get hold of this one! I been rummaging around the net for days! hehe thank you!
  • #585
  • Sep 1, 2007 7:43am Sep 1, 2007 7:43am
Quoting ltklev
Your system looks vewwy vewwy good .
Combined with the Supernova_v1 indicator posted here, even a monkey can make money with it!
Few questions - 1. You place your stoploss right below the T3 MA for a short trade, and right above the T3 MA for a long trade? Or is it the other way around?

That's right though if the stop seems to small and there is alot of votality I may place stop above or below some recent candle highs/lows.

2. What's the thing about Heiken Ashis? How do they differ from a normal candle? Is there a possibility you get stopped out, while you don't see it with the Heiken Ashi candles?

You can switch between normal candles and HA very quickly with VT. See my first post why i use HA.

3. Is there any limitation for the wait time from the Dot Signal appearance to the other indicators agreement?

No if they all agree go for it! hesitation usually leads to a crap entry price

Thank you for this great system...
my pleasure
  • #586
  • Sep 1, 2007 7:47am Sep 1, 2007 7:47am
Quoting cryten
wow! how did you get hold of this one! I been rummaging around the net! hehe thank you!
much closer than you think.. hehe.. in auslanco thread in this forum
I attached it because I''m lazy to serach in the forum... but
Creztor attached this one in source code in that thread, then Que added some alerts when crossing... but only released it as ex4 file.

the great of this forum is that everybody helps everybody.. and then we can everybody win Your supernova system is great. I'll study it more, backtesting to see which timeframe is better.
  • #587
  • Sep 1, 2007 7:52am Sep 1, 2007 7:52am
Quoting emda
much closer than you think.. hehe.. in auslanco thread in this forum
I attached it because I''m lazy to serach in the forum... but
Creztor attached this one in source code in that thread, then Que added some alerts when crossing... but only released it as ex4 file.

the great of this forum is that everybody helps everybody.. and then we can everybody win Your supernova system is great. I'll study it more, backtesting to see which timeframe is better.
Thank you very much! I'm sure all the MT users will be very chuffed, can't beleive i couldn't find it hehe
  • #588
  • Sep 1, 2007 8:29am Sep 1, 2007 8:29am
cry, have u noticed that the qqe cross is different from vt than from metatrader? one has more crosses than the other, or sensitive than the other, one looks smoother than the other one, do you have any idea why is it?
  • #589
  • Sep 1, 2007 8:42am Sep 1, 2007 8:42am
Quoting blanca
cry, have u noticed that the qqe cross is different from vt than from metatrader? one has more crosses than the other, or sensitive than the other, one looks smoother than the other one, do you have any idea why is it?
I don't use the MT version so havn't noticed. which one looks smoother to you?
  • #590
  • Sep 1, 2007 8:45am Sep 1, 2007 8:45am
This may be an odd and silly question but if the trade conditions appear do you enter as the next candle's open?
  • #591
  • Sep 1, 2007 8:49am Sep 1, 2007 8:49am
Quoting blanca
cry, have u noticed that the qqe cross is different from vt than from metatrader? one has more crosses than the other, or sensitive than the other, one looks smoother than the other one, do you have any idea why is it?

I also use MT4 and VTT together but haven't noticed the differences. Maybe it is because of your brokers price data/time or you may have noncolored the slow line instead of the fast one on MT4
  • #592
  • Sep 1, 2007 8:53am Sep 1, 2007 8:53am
Quoting brok
This may be an odd and silly question but if the trade conditions appear do you enter as the next candle's open?
If I was only trading the qqe cross then I would wait for to enter on the candle after the cross but as I am trading with the other indicators I enter as soon as they agree.

(not a silly question)
  • #593
  • Sep 1, 2007 8:58am Sep 1, 2007 8:58am
Vt is smoother than Metatrader qqe cross, or has less small crosses that could turn into small losses, or simply the datafeed is different, one question about the 4hrs, do you plan to take all the signals or only the ones inside the trading hours?
  • #594
  • Sep 1, 2007 9:08am Sep 1, 2007 9:08am
Quoting blanca
Vt is smoother than Metatrader qqe cross, or has less small crosses that could turn into small losses, or simply the datafeed is different, one question about the 4hrs, do you plan to take all the signals or only the ones inside the trading hours?
all signals on 4hour and daily
  • #595
  • Sep 1, 2007 10:24am Sep 1, 2007 10:24am
Quoting acapulco
I only seem to get yellow for color. have tried various setups ??


Skyline
Please test it and report back errors[/quote]

Acapulco (and others with the same problem), please check if you have ALL indicators from mt template zip SuperNova MT v1.1 file http://www.forexfactory.com/attachme...8&d=1188427842 in your indicator folder.
  • #596
  • Sep 1, 2007 10:49am Sep 1, 2007 10:49am
Got it~ thanks

Quoting skyline
Please test it and report back errors
Acapulco (and others with the same problem), please check if you have ALL indicators from mt template zip SuperNova MT v1.1 file http://www.forexfactory.com/attachme...8&d=1188427842 in your indicator folder.[/quote]
  • #597
  • Sep 1, 2007 1:49pm Sep 1, 2007 1:49pm
Well it seems it works on smaller timeframes... But if you are going with the higher time frames like H4 then maybe it will be better to enter at the sma 5 I guess... Just a suggestion for higher tf's...
  • #598
  • Sep 1, 2007 2:28pm Sep 1, 2007 2:28pm
Quoting acapulco
Got it~ thanks



Acapulco (and others with the same problem), please check if you have ALL indicators from mt template zip SuperNova MT v1.1 file http://www.forexfactory.com/attachme...8&d=1188427842 in your indicator folder.
Yep...makes a big difference when you follow instructions

Works fine. Thanks Skyline.
  • #599
  • Sep 1, 2007 11:19pm Sep 1, 2007 11:19pm
hi, everyone, i have been reading over this thred and have a few questions hope someone can help.
1) The mt4 q indicator posted yesterday do i need to replace the older version i am using in the zip file post 2 i downloaded last thursday?
2) Has anyone backtested this system across various instruments to see what stop loss is most effective, i mean i tend to trade of the 30min tf, and looking at the gbp/jpy a stop loss of 70pips generally will keep you in 90% of most moves (this is only me scanning across charts over last 3mths)
I wonder is there a more thorough our automatic way to test this some ea or strategy tester. My thinking is fairly obvious ie if we had a table across many instruments and t/f which said something like :
gbp/jpy-5min 15pips, 15min -40 pips etc we can see how the risk ratios might look and see the best instruments to follow if this is important.
RR is important to me and depending on what i am looking for ie scalping, day trade, position trade etc will require diff risk strategies, scalping for eg i would want at least a r/r of 1:1 and a success rate of say 60%+ to give me a reasonable +v great sysstem thank you
  • #600
  • Sep 1, 2007 11:36pm Sep 1, 2007 11:36pm
Quoting censura
hi, everyone, i have been reading over this thred and have a few questions hope someone can help.
1) The mt4 q indicator posted yesterday do i need to replace the older version i am using in the zip file post 2 i downloaded last thursday?
2) Has anyone backtested this system across various instruments to see what stop loss is most effective, i mean i tend to trade of the 30min tf, and looking at the gbp/jpy a stop loss of 70pips generally will keep you in 90% of most moves (this is only me scanning across charts over last 3mths)
I wonder is there a more thorough our automatic way to test this some ea or strategy tester. My thinking is fairly obvious ie if we had a table across many instruments and t/f which said something like :
gbp/jpy-5min 15pips, 15min -40 pips etc we can see how the risk ratios might look and see the best instruments to follow if this is important.
RR is important to me and depending on what i am looking for ie scalping, day trade, position trade etc will require diff risk strategies, scalping for eg i would want at least a r/r of 1:1 and a success rate of say 60%+ to give me a reasonable +v great sysstem thank you
I can't answer your questions but you bring up some good points and I hope someone more knowledgeable than me will answer them.
5 traders viewing now