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Auslanco 15min GBP/JPY startegy

  • #361
  • Nov 5, 2007 10:48pm Nov 5, 2007 10:48pm
Quoting Pips_Cruiser
The dots are the easiest to explain. They show up when the QQE60 lines "cross over" in a new direction.

The arrow is a little more difficult to explain. But there's a dashed line on my VT Charts called "Trailing Stop Level". This line acts as some sort of boundry line, and when price crosses over it an up arrow or a down arrow appears. If price retraces from that level before the candle closes, the arrow disappears. But if the candle closes while price is over that level, the arrow stays on the chart. You might be able to find this "trailing stop level" line on your MT4 chart, and then you'll probably understand better what's going on.
Since I`m having trouble with the dots can I just watch for the arrows and and then look to see if there is qqe60 cross over also?
  • #362
  • Nov 5, 2007 10:52pm Nov 5, 2007 10:52pm
Quoting randomlight
Since I`m having trouble with the dots can I just watch for the arrows and and then look to see if there is qqe60 cross over also?
Definitely! As long you really understand what a QQE cross over is (no offense intended).
  • #363
  • Nov 5, 2007 11:14pm Nov 5, 2007 11:14pm
Quoting randomlight
Since I`m having trouble with the dots can I just watch for the arrows and and then look to see if there is qqe60 cross over also?
Have you downloaded and installed the QQE Alert? That's what creates the dots.
  • #364
  • Nov 5, 2007 11:43pm Nov 5, 2007 11:43pm
Quoting Pips_Cruiser
Have you downloaded and installed the QQE Alert? That's what creates the dots.
I have the ###QQE_alert_mtf_v2###
Is that the right one? I also have the
cross line alert set to "true"
No dots though
  • #365
  • Nov 5, 2007 11:53pm Nov 5, 2007 11:53pm
Quoting randomlight
I have the ###QQE_alert_mtf_v2###
Is that the right one? I also have the
cross line alert set to "true"
No dots though
At the bottom of the first post in this thread, there is a version 5. Yours appears to be a version 2, if I'm not mistaken. Maybe it had a bug.

http://www.forexfactory.com/showthre...slanco%27s+mt4
  • #366
  • Nov 5, 2007 11:59pm Nov 5, 2007 11:59pm
Quoting randomlight
I have the ###QQE_alert_mtf_v2###
Is that the right one? I also have the
cross line alert set to "true"
No dots though
I just finished checking my charts, and there hasn't been a new dot in quite awhile. The last one was at 10:45AM EST.
  • #367
  • Nov 6, 2007 1:08am Nov 6, 2007 1:08am
What should be the smoothing factor in QQE alert? I have downloaded the one available on thread and it defaults to 2 but initial posts from Aus's says it should be 60. big difference. can some1 confirm this?
  • #368
  • Nov 6, 2007 1:14am Nov 6, 2007 1:14am
Quoting gau2902
What should be the smoothing factor in QQE alert? I have downloaded the one available on thread and it defaults to 2 but initial posts from Aus's says it should be 60. big difference. can some1 confirm this?
The smoothing factor is 60 for that one.
  • #369
  • Nov 6, 2007 1:18am Nov 6, 2007 1:18am
Quoting Pips_Cruiser
At the bottom of the first post in this thread, there is a version 5. Yours appears to be a version 2, if I'm not mistaken. Maybe it had a bug.

http://www.forexfactory.com/showthre...slanco%27s+mt4
Thanks Pips Cruiser, I downloaded a fresh mt4 platform and loaded the indicators and had the dots right away.It seems that something in the previous loaded indicators stops the v5 from functioning sometimes.

I do have a question though.It seems looking back on my charts that 75% of the time the qqe-5 and qqe-1 have already crossed the 50 by the time both the arrow and the dot show up.
Is this normal?
  • #370
  • Nov 6, 2007 1:35am Nov 6, 2007 1:35am
Quoting randomlight
Thanks Pips Cruiser,
I do have a question though.It seems looking back on my charts that 75% of the time the qqe-5 and qqe-1 have already crossed the 50 by the time both the arrow and the dot show up.
Is this normal?
Yes, that's normal. Depending on price action it works that way sometimes. I remember having a question about that once myself, because the way the documentation is written, it sounds like the QQE60 cross over has to occur before the QQE1 and QQE5 cross over the 50 line. I never did get a straight answer, but noticed that in actual practice "calls" were made regardless of which ones happened first. As long as all these signals were present at the same time, a call was made.
  • #371
  • Edited 3:08am Nov 6, 2007 1:39am | Edited 3:08am
Quoting randomlight
Thanks Pips Cruiser, I downloaded a fresh mt4 platform and loaded the indicators and had the dots right away. It seems that something in the previous loaded indicators stops the v5 from functioning sometimes.
I recall reading something on the MT4 FF thread, that with MT4 you're supposed to delete all previous versions of an indicator before you load the new version. I guess they weren't kidding.
  • #372
  • Nov 6, 2007 5:25am Nov 6, 2007 5:25am
In the chart of the GBPJPY 15M you can see we never got an arrow for the Asian Session. We should be able to take the trade a long trade since the 5 EMA crosses the Gann Activator [above the Gann in this case], above the Daily Pivot Level, all QQE are above the 50 line and Momentum is above the zero line. Is this correct? We should never take any shorts above the Daily Pivot line if a down arrow should appear with a dot, is this a correct analysis?
Attached Image
  • #373
  • Nov 6, 2007 5:59am Nov 6, 2007 5:59am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting et_phonehome_2
In the chart of the GBPJPY 15M you can see we never got an arrow for the Asian Session. We should be able to take the trade a long trade since the 5 EMA crosses the Gann Activator [above the Gann in this case], above the Daily Pivot Level, all QQE are above the 50 line and Momentum is above the zero line. Is this correct? We should never take any shorts above the Daily Pivot line if a down arrow should appear with a dot, is this a correct analysis?

Hi Et

your arrow came about 1400 hrs on 5th Nov (on my timeframe anyway) and the arrow is in play until the next arrow appears, you take longs above the daily pivot and shorts below the daily pivot providing you have the dot and the MOM/QQE's are inline and pointing in the direction of the trade, hope this helps

MPP
  • #374
  • Nov 6, 2007 7:46am Nov 6, 2007 7:46am
I`m using MT4 and when I adjust my mt4-levelstop-reverse-v1 to the recommended
atr ...28 and atr multiplier... 2 , my arrows come down low into my candles .Is this right?
I`m including a picture . (I have put black check marks where the imbedded candles appear in the chart)
For me the earlier atr ..9 and atr multiplier ..3 look much better.
Attached Image
  • #375
  • Nov 6, 2007 7:59am Nov 6, 2007 7:59am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting randomlight
I`m using MT4 and when I adjust my mt4-levelstop-reverse-v1 to the recommended
atr ...28 and atr multiplier... 2 , my arrows come down low into my candles .Is this right?
I`m including a picture . (I have put black check marks where the imbedded candles appear in the chart)
For me the earlier atr ..9 and atr multiplier ..3 look much better.
Hi RL
Yes your setup looks correct, if you want the arrow further out you can adjust the distance in the MT4 Lavel stop settings, at the bottom you will see they are set to 0 so the arrow appears directly on the line, the only issus with miving them out is they sometimes sit of the page so play with it and see what you think, the multiplier affect the times the arrows appear as this tells the indicator what to look for on the chart to decide when to post the arrows so i would advise you to leave alone unless you understand how they perform and what affects them (over my head).

hope it helps

MPP
  • #376
  • Nov 6, 2007 8:02am Nov 6, 2007 8:02am
I am showing my charts at 9:00 est Nov 6th and I`m hoping someone can tell me if my arrows and dots look in the same place theirs so I know if I have this right, thanks (I`m wondering if other peoples carts look like this for the time so I know if my set-up is correct.)
Attached Image
  • #377
  • Nov 6, 2007 8:17am Nov 6, 2007 8:17am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting randomlight
I am showing my charts at 9:00 est Nov 6th and I`m hoping someone can tell me if my arrows and dots look in the same place theirs so I know if I have this right, thanks (I`m wondering if other peoples carts look like this for the time so I know if my set-up is correct.)
Looks the same as mine, only i'm assuming that the pink line is a 5SMA, if so where is the Gann hilo. or did you leave this and the pivot of to show the chart clearly?
  • #378
  • Nov 6, 2007 8:17am Nov 6, 2007 8:17am
Sorry to be a pain,

I am currently trying to set up the indicators like RandomLight but I must have missed the thread with all the indicator settings.

Couls you or Pipcruiser point me in the right direction.

Many Thanks

Jeff....
  • #379
  • Nov 6, 2007 8:20am Nov 6, 2007 8:20am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting webdevjeff
Sorry to be a pain,

I am currently trying to set up the indicators like RandomLight but I must have missed the thread with all the indicator settings.

Couls you or Pipcruiser point me in the right direction.

Many Thanks

Jeff....
Most of the info is on page 1 of his threads, but here are some word docs that contain most of what you need, they haven't been udated recently but should get you started.


Attached File(s)
File Type: doc Auslanco's 1m & 15m system.doc   324 KB | 626 downloads


Attached File(s)
File Type: doc Auslanco.doc   421 KB | 541 downloads
  • #380
  • Nov 6, 2007 8:22am Nov 6, 2007 8:22am
Thanks MPP

I will go and have another read through everything...

Regards

Jeff...
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