Chandra's Indicators (with Alerts) | Page 9 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Volatility indicators (histogram version and alerts needed) 155 replies

WOW! Your Speech Enabled Indicators - Voice/Alerts/Alarms are very Interesting. 2 replies

Best software for audio alerts based on indicators? 1 reply

Signals/alerts for indicators 2 replies

New Alerts for Indicators - Juice, DMI, MomentumVT 5 replies

Attachments: Chandra's Indicators (with Alerts)
Exit Attachments

Chandra's Indicators (with Alerts)

  • #161
  • Jan 29, 2008 9:17pm Jan 29, 2008 9:17pm
Quoting Fx97
Chandra,
Question for you, suprising I guess .. Anyway, when I got e-mail it says time , chart time frime also today's OHLC. Does it mean Open, High, Low, and Close of the day. If this is right, when the day start, is it 0:00 in my local time , broker time or some other origin?

Regards,
Hi Fx97,

The OHLC price are for "so-far" Today (not final, and can change as the day goes, except for Open). The Day start depends on the Broker time, not our time (it is based on the data time; the current daily bar's OHLC). It just gives a quick idea of where the price is in today's range at the signal time and what the price has been doing.

Regards,
chandra
  • #162
  • Jan 29, 2008 9:27pm Jan 29, 2008 9:27pm
Quoting achandrasekaran99
Hi Fx97,

The OHLC price are for "so-far" Today (not final, and can change as the day goes, except for Open). The Day start depends on the Broker time, not our time (it is based on the data time; the current daily bar's OHLC). It just gives a quick idea of where the price is in today's range at the signal time and what the price has been doing.

Regards,
chandra

Got it thanks...
  • #163
  • Feb 1, 2008 2:24pm Feb 1, 2008 2:24pm
Chandra, I hope you dont mind me asking as you seem to know a lot about indicators, Ive got one I use called sweetspot finder v3.4 which picks out probable highs lows/reversal points as they occur so to speak its only problem seems to be that for some reason the buy signals lag by about 5/6 minutes whereas the sell signals are spot on,(right on the forming candle) which doesnt help as I use it on M5, ive tried to research it but cant find any mention of it anywhere, I got it from "Savant" on Malaysia,s thread
Any help would be appreciated, also many thanks for your ASCTrend 1 imran which I use all the time, Francis
  • #164
  • Feb 1, 2008 3:26pm Feb 1, 2008 3:26pm
Quoting francis2
Chandra, I hope you dont mind me asking as you seem to know a lot about indicators, Ive got one I use called sweetspot finder v3.4 which picks out probable highs lows/reversal points as they occur so to speak its only problem seems to be that for some reason the buy signals lag by about 5/6 minutes whereas the sell signals are spot on,(right on the forming candle) which doesnt help as I use it on M5, ive tried to research it but cant find any mention of it anywhere, I got it from "Savant" on Malaysia,s thread
Any help would be appreciated, also many thanks for your ASCTrend 1 imran which I use all the time, Francis
Hi Francis2,

I cannot do anything about the compiled versions (the sweetspot finder is a compiled one). Only source codes can be changed. only Savant can do something about this problem. Please ask him. If source code is available, I can surely check it out (and possibly fix any problem).

Thanks for the compliments.
chandra
  • #165
  • Edited 7:41pm Feb 2, 2008 3:21pm | Edited 7:41pm
Hi Users,

As per user request, the Chandra-SAS5 has been modified. Now the horizontal line BREAKOUT signals/alerts can use either Price or EMA crossing the lines (or Pivot). The Input options are clarified better for this option.

Other general changes to SAS5:
Earlier only one text signal per chart was used, even with multiple attachments. Now, the TextSignal names have been changed so that this indicator can be attached to same chart with different Indi_Name options. There can be one MACD monitoring and one Stoch monitoring (for example). They will show two text signals (you will have to change the TextPosition input to avoid overlap).

The TextNumber option can be used when attaching multiple times with same Indi_Name. When attaching MACD twice, the text number must be changed (for example, 1 and 2) to get two text signals (in that case the text signals will have the name MACD-TextDir1 and MACD-TextDir2; if you move the cursor over the text signal, you can read their name).

This makes it convenient for checking several options in one chart and someday easy for use in EA!

Regards,
chandra
  • #166
  • Feb 11, 2008 3:36am Feb 11, 2008 3:36am
Hello, Chandra. Are the indicators you provided in this thread's first post closed source? I am interested in learning the psychology behind your indicators and would like the sources if they weren't already posted (sorry I couldn't find any). Also I noticed you state that you are not familiar with the mathematics behind Laguerre. I would be glad to help. By the way, thank you for providing these indicators for free. I am tired of hucksters trying to make a buck or two by selling (usually retarded) information on the markets (especially Forex). If their "system" is so powerful then why do they need to sell it? Lol.

I am refining a strategy that I am working on and stumbled across a document (in Russian xD) that immediately sparked my attention on an idea I had a long time ago but had forgotten about (I had a live Forex account but had to withdrawl due to personal life situations). I am hoping to soon be back in trading Forex, possibly options on Forex futures (I know this can be done for stocks; can it be done in Forex?) Anyways, somehow I stumbled across a few pages here on FF, including the 5M Scalp Strategy and this thread.

I am happy to see active members willing to participate freely for the general public. When fully prepared I will share my ideas and trading methodologies freely. (I have countless books and resources that have guided me.)

Keep up the good work! xD
  • #167
  • Feb 11, 2008 1:59pm Feb 11, 2008 1:59pm
Quoting Ilunore
Hello, Chandra. Are the indicators you provided in this thread's first post closed source? I am interested in learning the psychology behind your indicators and would like the sources if they weren't already posted (sorry I couldn't find any). Also I noticed you state that you are not familiar with the mathematics behind Laguerre. I would be glad to help. By the way, thank you for providing these indicators for free. I am tired of hucksters trying to make a buck or two by selling (usually retarded) information on the markets (especially Forex). If their "system" is so powerful then why do they need to sell it? Lol.

I am refining a strategy that I am working on and stumbled across a document (in Russian xD) that immediately sparked my attention on an idea I had a long time ago but had forgotten about (I had a live Forex account but had to withdrawl due to personal life situations). I am hoping to soon be back in trading Forex, possibly options on Forex futures (I know this can be done for stocks; can it be done in Forex?) Anyways, somehow I stumbled across a few pages here on FF, including the 5M Scalp Strategy and this thread.

I am happy to see active members willing to participate freely for the general public. When fully prepared I will share my ideas and trading methodologies freely. (I have countless books and resources that have guided me.)

Keep up the good work! xD
Hi Ilunore,

Thank you for the compliments and comments. Yes, I am still keeping these as closed source. Someday I will release them, not soon. I have detailed all the reasons of the signals (except some that are not mine, but I have written alert codes for them such as MT4-LSAR, ASCTrend).

I have read the document posted here (even eariler), but it described too much about Laguerre-Filter and not much about the LagRSI. I just did not bother to understand the equations used in the program code for LagRSI. Thanks for the offer though. I really appreciate. Only such helpful nature helps everyone here. Look forward to your system.

Regards,
chandra
  • #168
  • Feb 11, 2008 4:00pm Feb 11, 2008 4:00pm
Quoting achandrasekaran99
Hi Ilunore,

Thank you for the compliments and comments. Yes, I am still keeping these as closed source. Someday I will release them, not soon. I have detailed all the reasons of the signals (except some that are not mine, but I have written alert codes for them such as MT4-LSAR, ASCTrend).

I have read the document posted here (even eariler), but it described too much about Laguerre-Filter and not much about the LagRSI. I just did not bother to understand the equations used in the program code for LagRSI. Thanks for the offer though. I really appreciate. Only such helpful nature helps everyone here. Look forward to your system.

Regards,
chandra
That is fine. Then I will be patient. And I prefer to not call it a system, although you may call it what you wish (a sign is an arbitrary thing [George Bool]). There are reasons behind this other than the fact that it typically refers to some huckster trying to sell his "market secrets" that usually aren't entirely correlated with actual market data.

Will look forward to this forum! xD
  • #169
  • Feb 11, 2008 4:23pm Feb 11, 2008 4:23pm
Quoting Ilunore
That is fine. Then I will be patient. And I prefer to not call it a system, although you may call it what you wish (a sign is an arbitrary thing [George Bool]). There are reasons behind this other than the fact that it typically refers to some huckster trying to sell his "market secrets" that usually aren't entirely correlated with actual market data.

Will look forward to this forum! xD
I understand. I bought three such paid systems and returned the last one and decided never to buy any system. We can find better systems here in FF (or Forex-TSD) for free.

Regards,
chandra
  • #170
  • Edited 1:29pm Feb 14, 2008 9:56am | Edited 1:29pm
Here is my new IFT-RSI-ACS indicator.

Inverse Fisher Transform-RSI. It is similar to Laguerre-ACS1 (my version of LaguerreRSI) we have been using. It can be used either alone or with LagRSI (to see if they agree). I have changed the scales to match our LagRSI and similar rules can be used with this also (either crossing 0.85/0.15 levels or 0.5 level). Just check it out.

There is another version that I checked and I thought it was not drawing lines properly, especially for the most important recent bars. So, I made it fresh.

Input Parameter details:
RSI_Period = 5 (number of bars for RSI calculation; default is original method value).
MA_Period = 9 (for Moving Average of this RSI; default is original method value).
MaxBars = 1000 (number of bars to do the calculation; use zero to calculate for all bars in the chart)

I hope people find it useful.

Regards,
chandra
Attached File(s)
File Type: ex4 IFT-RSI-ACS.ex4   3 KB | 1,664 downloads
  • #171
  • Edited 10:18pm Feb 18, 2008 6:29pm | Edited 10:18pm
Hi All,

Chart examples of Lag-Watcher in action can be seen in the following Link (in Imran's thread):

http://www.forexfactory.com/showpost...postcount=6386

Regards,
chandra

EDIT: Check the next post also. The multiple attachment is not possible in the above test version, but you can get the idea.
  • #172
  • Feb 18, 2008 10:16pm Feb 18, 2008 10:16pm
Upcoming Feature:

Here is a chart example of how multiple attachments will look. It is not yet possible in the released version. But, next week version will have this (in addition to any corrections/changes). I have added too many times and it may look messy. But showing how one can use it.

Lower timeframe signals also can be seen in the future version (timeframe of the chart will not be a problem at all).

The attached Chart is 15M GBPUSD (but has 5M, 15M and 60M Lag-watchers; also a 15M Stoch).

Chandra
Attached Image (click to enlarge)
Click to Enlarge Name: Lag-Watcher4.gif Size: 23 KB
  • #173
  • Edited 8:59pm Feb 20, 2008 6:18pm | Edited 8:59pm
Hi All,

The Lag-Watcher final version is released here. It has the following changes from the test version. For details and example chart, check the three above posts.

1. No Expiration date.
2. Can be attached many times with different settings (different TimeFrames or other options)
3. Lower TimeFrames than the current chart timeframe also can be monitored.

Hope it helps everyone a little.

Regards,
chandra
Attached File(s)
File Type: ex4 Lag-Watcher1.ex4   9 KB | 1,707 downloads
  • #174
  • Edited Feb 23, 2008 2:03pm Feb 22, 2008 2:48pm | Edited Feb 23, 2008 2:03pm
Hi All,

Here is the Settings and Details for the Lag-Watcher. It makes very easy to know the signals/status of the current two lags (but cannot be used for historic testing). It uses MA2/MA6 Lag crossing along with 0.15/0.85 levels.

It can be attached multiple times, with different TimeFrame1 to monitor many timeframes in one chart. Any timeframe can be used. Stoch also can be monitored. Usually Stoch setting will give earlier change than Lag setting (so you can anticipate what is coming).
The Input details:
gamma1, gamma2 are obvious (defaults are 0.5 and 0.8).
TimeFrame1 = 0; (0= current chart timeframe; negative number = next higher timeframe; any higher TF can be used).
EMA_Period = 60; (used for watching EMA-Slope).
UseClosedBars=true; (all based on closed bars; good way to do).
UseStoch = false; (instead of Lags, Stoch can be watched; the two Stoch used are 10,3,3 and 30,9,9 with H/L price; if attached in 5M chart, it will be close to monitoring 5M and 15M stoch).
TextPositionX, TextPositionY can be changed to place the text in any part of the Main chart.

The Text/Color details:
For Lags (and Stoch):
"up"/"dn" = Early stage of a move (not crossed mid level).
"Up"/"Dn" = Mid stage of a move (crossed mid level).
"UP"/"DN" = Final stage of a move or major Trend Move (crossed final level).
Blue/Red - Both in agreement (good). Khaki - disagreement (caution or avoid).

For EMA-Slope:
"up"/"dn" = Weak slope/move (slope less than 1 pip/bar).
"UP"/"DN" = Reasonable slope/move (slope more than 1 pip/bar).
[not accurate across various Timeframes, just an approximation]

Hope this provides a simple way to monitor than staring at the lines. Also, it can reduce chart flipping a lot. Welcome any feedbacks.

With Best Wishes,
chandra
  • #175
  • Mar 2, 2008 4:52pm Mar 2, 2008 4:52pm
Hi Chandra

can you tell me what variables( and their types) your indicators return? In case no vars returned, how can I intercept the signals they send e.g. Chandra sas5? Can you please also document more the input variables of your indicators?

thx man
  • #176
  • Edited 10:47am Mar 3, 2008 10:32am | Edited 10:47am
Quoting frito
Hi Chandra

can you tell me what variables( and their types) your indicators return? In case no vars returned, how can I intercept the signals they send e.g. Chandra sas5? Can you please also document more the input variables of your indicators?

thx man
Hi frito,

Are you planning to write an EA with this?!

There is no variable returned. If you want to call it from an EA or another indicator, you have to check the Buffers (0 and 1; up arrows are in 0 and dn arrows are in 1). You have to use the iCustom function. This is for Chandra-SAS5. LISPA2 is more complicated, because it does not have Buffers also.

I have tried my best to write all the Inputs needed for each option in the first post. If you have any specific question, you can ask here.

Regards,
chandra
  • #177
  • Mar 14, 2008 10:01pm Mar 14, 2008 10:01pm
Chandra,

Could you kindly make these indicators arrows and line colours adjustable as they are sometimes very difficult to make out on a black background, also if I put more then one LISPAX indicator on a same chart I couldn't know which one is which if they've same colour.

Many Thanks.
mic.

LISPA1.ex4
LISPA1A.ex4
LISPA1A-new.ex4
LISPA2.ex4
  • #178
  • Mar 15, 2008 1:07pm Mar 15, 2008 1:07pm
Hi Mic,

Please do not use all four. Just last two will be fine. LIPSA1a-new is the latest updated version of the 1 series. If you are using that, LISPA1 and LISPA1a are just duplicates and not needed.

LISPA1a-new arrow colors can be changed from Indicator Properties Input tabs (not the lines). LISPA2 can be left as such. That way you can see all arrows clearly, but text will have same color. Just arrange in such a way that always LISPA1a-new text is first and LISPA2 is second and then you can easily see what signal belongs to what Indi. If you move the cursor over the text, you can read the Name for that text (the text has hidden Name! and I have made them different for different programs). Same way, you can move cursor over the arrows or lines and see what comes up.
When I make next updates, I will include the color options.

Regards,
chandra
  • #179
  • Mar 16, 2008 3:57pm Mar 16, 2008 3:57pm
Quoting achandrasekaran99
Hi Mic,

Please do not use all four. Just last two will be fine. LIPSA1a-new is the latest updated version of the 1 series. If you are using that, LISPA1 and LISPA1a are just duplicates and not needed.

LISPA1a-new arrow colors can be changed from Indicator Properties Input tabs (not the lines). LISPA2 can be left as such. That way you can see all arrows clearly, but text will have same color. Just arrange in such a way that always LISPA1a-new text is first and LISPA2 is second and then you can easily see what signal belongs to what Indi. If you move the cursor over the text, you can read the Name for that text (the text has hidden Name! and I have made them different for different programs). Same way, you can move cursor over the arrows or lines and see what comes up.
When I make next updates, I will include the color options.

Regards,
chandra
Chandra,
Thank you very much for you help, that’s should solve my problem for now
Thanks again for sharing these wonderful indicator.
Mic.
  • #180
  • Mar 25, 2008 8:03pm Mar 25, 2008 8:03pm
  •  Derm
  • | Joined Aug 2007 | Status: It's all about The Pips | 42 Posts
HI Chandra

Thank you for sharing here.

I have been using your Laguerre RSI v 1.00 Alert.

Is it possible to only alert on a given number, say .20 when the lag is going up and not down? And in reverse say .80 when the lag is going down but not up?

thanks once again.

Derm
1 trader viewing now