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  • #701
  • Jan 4, 2008 10:55am Jan 4, 2008 10:55am
I too like the slope direction line on my chart but I have changed the setting to the following as I trade off the 30m chart and saw that some others were also using 30m chart for this system. These setting seem to work better for me.

Period 30
Method 3
Price 0

Could someone please post the HMA indicator mentioned earlier. Thank you in advance.
  • #702
  • Jan 4, 2008 11:13am Jan 4, 2008 11:13am
Could someone please post the HMA indicator mentioned earlier. Thank you in advance.[/quote]

Not real sure but believe HMA is same indicator. When I put it on chart it draws right on top of Slope indicator.
Attached File(s)
File Type: ex4 HMA.ex4   4 KB | 476 downloads
File Type: mq4 HMA.mq4   3 KB | 585 downloads
  • #703
  • Jan 4, 2008 6:15pm Jan 4, 2008 6:15pm
Quoting bwk9087
I have a question for you, I tried the psar alerts, but cannot get the box to quit popping up, after an alert, can you? Will it stop, I must have tried 20 times closing the popup alert box, before removing it.
I posted a note stating that it would be annoying. It is not mine and I don't know how to cease it. Reference to time settings question, you replied back with your time frame on your charts. I was referring to the time settings on your individual pairs... are you using 6-9 box settings on all currency pairs?

Thanks
  • #704
  • Jan 4, 2008 6:16pm Jan 4, 2008 6:16pm
Quoting cgldsmth
the SRDCIII EA (already posted) gets pretty close to what we need. I've asked skyline if he can add a slope filter but he's pretty busy at the moment.
Thanks for the heads up my friend. This will be nice to check it out when he can do it.

Have a great weekend
  • #705
  • Jan 4, 2008 9:51pm Jan 4, 2008 9:51pm
I guess I answered my own question. After surfing the web, and forum, I found that I need to check the allow dll imports box, in order to cancel the alert after the first time. I will try this Monday, seems to work now.
  • #706
  • Jan 5, 2008 9:00am Jan 5, 2008 9:00am
I set my charts up with the same settings that WHTenn used in post #661 but for some reason when I compare my chart with the one from post #669 the SAR dots on my chart are on a much higher plane and they reverse one bar earlier than his. You can see the difference if you compare my chart to post #669 and I wonder how many other people may have this same problem. I am worried that if I pay to get an EA written it may work for some people but not for others. I believe we are both using FXDD and would like to know if other people have the same problem or if maybe I need to make some adjustment that would put me in sync.
Attached Image
  • #707
  • Jan 5, 2008 9:27am Jan 5, 2008 9:27am
On my chart, I use 30 minute, IBFX, but if I put it to 1 hr, it reverses at same spot 8:00 gmt, as yours. On his chart it is hard to tell where the sar dot is for the 7:00 hour, but it doesn't matter that much anyway, I don't think, because your other indicators are not agreeing, anyway. I use the lsma indicator, and my did agree, and change to red at the 07:00 gmt hour though.
  • #708
  • Jan 5, 2008 10:46am Jan 5, 2008 10:46am
Quoting bwk9087
On my chart, I use 30 minute, IBFX, but if I put it to 1 hr, it reverses at same spot 8:00 gmt, as yours. On his chart it is hard to tell where the sar dot is for the 7:00 hour, but it doesn't matter that much anyway, I don't think, because your other indicators are not agreeing, anyway. I use the lsma indicator, and my did agree, and change to red at the 07:00 gmt hour though.
I do not use either of those indicators, only Slope Direction Line at present.
My concern is that if these two indicator do not agree on my charts then how do I know that any will and therefor not cause my test results to vary greatly with other peoples.
  • #709
  • Jan 6, 2008 2:07am Jan 6, 2008 2:07am
Quoting Abnormalone
I set my charts up with the same settings that WHTenn used in post #661 but for some reason when I compare my chart with the one from post #669 the SAR dots on my chart are on a much higher plane and they reverse one bar earlier than his. You can see the difference if you compare my chart to post #669 and I wonder how many other people may have this same problem. I am worried that if I pay to get an EA written it may work for some people but not for others. I believe we are both using FXDD and would like to know if other people have the same problem or if maybe I need to make some adjustment that would put me in sync.
I threw up my charts and then installed my Parabolic sar from both my indicator and custom indicator file folders and they matched exactly. Do this, go to MT4 help then click on about and verify that you have Version 4.00, build 2.11 dated 15 Oct 2007.

Another trader noticed a similar problem about a year ago on this forum. I cannot recall what their findings were. It was a logical reason though.
  • #710
  • Edited 10:52pm Jan 6, 2008 10:32pm | Edited 10:52pm
Check out these two indicators that I am testing with this system.

1) Stoch Histogarm

2) StepMaStoch v1.1

I am attaching both to this post. Attach and play with them.
Attached Image (click to enlarge)
Click to Enlarge Name: Sunday.png Size: 26 KB
Attached File(s)
File Type: ex4 StepMA_Stoch_v1.1.ex4   6 KB | 651 downloads
File Type: mq4 StepMA_Stoch_v1.1.mq4   5 KB | 704 downloads
File Type: ex4 StochHistogram.ex4   3 KB | 566 downloads
File Type: mq4 StochHistogram.mq4   3 KB | 669 downloads
  • #711
  • Jan 7, 2008 5:48pm Jan 7, 2008 5:48pm
Looked back over my test results to compare Stoch indicator to Slope indicator. On some occasions the Stoch filtered some bad trades but also entered a few bad trades that Slope would have filtered out. Below is an example of one trade Stoch would have picked up that Slope missed. It is hard to tell for sure which one is best because of the indicator ability to repaint while a bar is being formed. I think I still like Slope better because of its ability to use Open price instead of Close and therefore eliminate repainting.
Attached Image
  • #712
  • Jan 8, 2008 12:17am Jan 8, 2008 12:17am
Quoting WHTenn
Check out these two indicators that I am testing with this system.

1) Stoch Histogarm

2) StepMaStoch v1.1

I am attaching both to this post. Attach and play with them.

Just finished back test ON EUR/JPY using Stoch indicator and it does show better results than the slope indicator. Over a two month period the gain was about 100 pips if you only made one trade a day. There were days when it could have generated more than one successful trade in the same direction but I have only been counting one unless there was a reversal to the other side of box. My think was that one trade per day would keep you from getting stopped out more than once if the market was whipsawing.
  • #713
  • Jan 8, 2008 12:51am Jan 8, 2008 12:51am
What I would like to get my hands on is an alarm that would go off when a breakout of the box occurs. I need to find someone that will do this.
  • #714
  • Jan 8, 2008 1:54am Jan 8, 2008 1:54am
I was playing around over the weekend trying to figure out how to make one, and possible add indicator also for confirmation, but I am not a good programmer.
  • #715
  • Jan 8, 2008 1:59am Jan 8, 2008 1:59am
Quoting bwk9087
I was playing around over the weekend trying to figure out how to make one, and possible add indicator also for confirmation, but I am not a good programmer.
That makes two of us my friend.... your not alone! Did you try the two indicators I just added?
  • #716
  • Jan 8, 2008 2:44am Jan 8, 2008 2:44am
Hi Eagle
I'm a french trader and I'd like to tell again about the timing of your system.
With the setting 6:00-9:00, the third hourly candle begins at 9:00 and closes at 10:00 (end of the orange box).
So, we are waiting for 10:00 (London time) to begin to trade.
Is it right ?
So, it's impossible to begin to trade at 9:00 ?
What do you think about ?
Regards

French people love Materazzi http://www.forexfactory.com/images/icons/icon10.gif
  • #717
  • Edited 3:11am Jan 8, 2008 2:47am | Edited 3:11am
Quoting madscalp
Hi Eagle
I'm a french trader and I'd like to tell again about the timing of your system.
With the setting 6:00-9:00, the third hourly candle begins at 9:00 and closes at 10:00 (end of the orange box).
So, we are waiting for 10:00 (London time) to begin to trade.
Is it right ?
So, it's impossible to begin to trade at 9:00 ?
What do you think about ?
Regards

French people love Materazzi http://www.forexfactory.com/images/icons/icon10.gif
Upper Pic... The first candle, (circled in yellow) that breaks outside of the red box is the one you start monitoring. When it breaks the white box, (red arrow) you take the trade.

This is the actual trade for GBP/USD occuring at time of posting... moving nicely and agrees with my indicators. This is the hourly chart.

Middle Pic... Just an expanded pic of last candle on same chart.

Bottom Pic... Eur/Jpy going on at time of posting.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: now.png Size: 35 KB
Click to Enlarge Name: 31.png Size: 25 KB
Click to Enlarge Name: 30.png Size: 30 KB
  • #718
  • Jan 8, 2008 2:48am Jan 8, 2008 2:48am
ya, I like the stoch histogram better than the stepmastoch, but i still need to play more.
  • #719
  • Jan 8, 2008 2:53am Jan 8, 2008 2:53am
I thought you would
  • #720
  • Jan 8, 2008 4:00am Jan 8, 2008 4:00am
Thanks WHTenn,
I understood but the candle in the terminal line of orange box is the hourly candle 9:00-10:00 and the candle circled in yellow is the hourly candle 10:00-11:00.
OK ?
So, we must wait for the close of the candle 9:00-10:00 to begin the trade because the high and the low of the orange box are determined by that candle (and the two precedents).
The beginning of the trade is at 10:00 (London time)!
That's right ?
If it's wrong, I must change my settings.
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