Attachments: Auslanco-GBP/JPY Strength Indicator strategy

Auslanco-GBP/JPY Strength Indicator strategy

#281
Nov 19, 2007 2:42am Nov 19, 2007 2:42am

MPP
Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts

Quoting revoli

Disliked

I am doing some comparison between my old VT set up and MT4 which am migrating to. I have an isse around the Stop Level Reverse indicator. I believe the correct values (as reflected in the threads and Auslanco web site) are:
<BLOCKQUOTE>
Values:
<FONT face=Arial><SPAN style="FONT-SIZE: 10pt; COLOR: black">Use ATR mode True

Ignored

Hi Revoli
can you re-type your question, most of it is missing or are you asking about just the values, if so the details you have there are correct

#282
Nov 20, 2007 6:11am Nov 20, 2007 6:11am

ljyljl5555
| Joined Mar 2007 | Status: Trader | 14 Posts

Hi, could someone plz help me to put a sound alert when Gann Hilo crosses? i would really really appreciate it!!

#283
Nov 20, 2007 7:24am Nov 20, 2007 7:24am

MPP
Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts

Quoting ramrocket

Disliked

Hi what the relevance of having RSI Slow Line in the 1H chart?

Since we are only qualifying that RSIIndex cross the 50 line, can I get rid of the slow line?

Ignored

not sure if it has a use, so if you know how, try it for a month each way and see how it feels.

i keep it on because it's been there since the begining and i like to know if the 1h is bullish or bearish, but that has nothing to do with placeing a trade in this system.

#284
Nov 20, 2007 2:07pm Nov 20, 2007 2:07pm

ramrocket
| Joined Dec 2006 | Status: Colorado, USA | 96 Posts

Quoting MPP

Disliked

not sure if it has a use, so if you know how, try it for a month each way and see how it feels.

i keep it on because it's been there since the begining and i like to know if the 1h is bullish or bearish, but that has nothing to do with placeing a trade in this system.

Ignored

Thanks MPP, I got rid of the slow line just to keep the chart cleaner.

Is there somebody who is using the 30M chart for entry?
I'd like to know the rules for making entry using 30M while using 1H for signal.

#285
Nov 20, 2007 2:36pm Nov 20, 2007 2:36pm

MPP
Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts

Quoting ramrocket

Disliked

Thanks MPP, I got rid of the slow line just to keep the chart cleaner.

Is there somebody who is using the 30M chart for entry?
I'd like to know the rules for making entry using 30M while using 1H for signal.

Ignored

i've not used it and don't know of anyone that has spoken of using it, but as with any new idea paper trade or demo it. i tend to use the 4h 1h coupled with Hakana's methods for entry and exit points on longer term trends. and the 15m for periods of boredom

each to there own.

#286
Nov 20, 2007 2:40pm Nov 20, 2007 2:40pm

kenneith
| Joined Oct 2007 | Status: Trader | 212 Posts

MPP I havent seen HK's method where can i find that or if it is possible for you to explain? Thanks
Regards

Quoting MPP

Disliked

i've not used it and don't know of anyone that has spoken of using it, but as with any new idea paper trade or demo it. i tend to use the 4h 1h coupled with Hakana's methods for entry and exit points on longer term trends. and the 15m for periods of boredom

each to there own.

Ignored

#287
Nov 20, 2007 2:43pm Nov 20, 2007 2:43pm

MPP
Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts

Quoting kenneith

Disliked

MPP I havent seen HK's method where can i find that or if it is possible for you to explain? Thanks
Regards

Ignored

Hakuna's thread
http://www.forexfactory.com/showthread.php?t=49770

his not big on explaining things, but read the first few pages and add the MA's etc to your charts, continue to trade in your normal way but watch how his indicators work, you'll soon pick it up.

#288
Nov 20, 2007 3:55pm Nov 20, 2007 3:55pm

kenneith
| Joined Oct 2007 | Status: Trader | 212 Posts

thanks buddy.
regards

Quoting MPP

Disliked

Hakuna's thread
http://www.forexfactory.com/showthread.php?t=49770

his not big on explaining things, but read the first few pages and add the MA's etc to your charts, continue to trade in your normal way but watch how his indicators work, you'll soon pick it up.

Ignored

#289
Nov 21, 2007 8:42am Nov 21, 2007 8:42am

ramrocket
| Joined Dec 2006 | Status: Colorado, USA | 96 Posts

Quoting ljyljl5555

Disliked

Hi, could someone plz help me to put a sound alert when Gann Hilo crosses? i would really really appreciate it!!

Ignored

It's really simple, include this in your TS code.

{Signal when GannHilo switch}
GannHiloLongAlert :=Cross(C,GannHiLo);
GannHiloShortAlert:=Cross(GannHiLo,C);

Make sure to create your 2 outputs (alert)

#290
Feb 12, 2008 1:59pm Feb 12, 2008 1:59pm

oludon
| Joined Dec 2007 | Status: Trader | 2 Posts

Interesting system thanks. But I use Mt4. I can't find those indicators pls help

Life is a wave; if you miss one there will always be another.

#291
Feb 14, 2008 12:55am Feb 14, 2008 12:55am

Pips_Cruiser
Joined Jul 2007 | Status: Following The Trade Winds | 8,442 Posts

Quoting oludon

Disliked

Interesting system thanks. But I use Mt4. I can't find those indicators pls help

Ignored

http://www.pnwenterprises.com/auslanco/downloads.htm

#292
Mar 23, 2008 2:25am Mar 23, 2008 2:25am

Kevyluvu
| Joined Mar 2008 | Status: Trader | 123 Posts

My 1h GBP/JPY CHART

I started reading this thread earlier today and just finished. I put together my chart with a summary of my understanding of this system. I was hoping that one of you experts could read over my post below this chart and let me know if it sounds like I understand how to use this system correctly. I am a noob and have been trading the P/J for a while now so I understand it's charactoristics. I have back tested this system and it seems like a winner. The purple text is what I have questions about. PS...: do you guys avoid trading this system during NFP or Bernake type days?

Thanks a lot

-Kevin

http://www.fileden.com/files/2006/7/30/148326/aus.jpg

Summary of my understanding based on my 1H chart above: Using 4h chart determine Bear or Bull trend using QQE Strength Indicator. If green is below purple trend is bearish. If green is above purple trend is bullish. The red line in relation to the QQE SI does not matter on the 4h chart….all we are looking for is the cross of the lines indicating trend change. We can however use the angle of the lines to determine the strength of the trend. If the trend on the daily chart lines up with the 4h and 1h then we are looking for 300 pips. If just the 4h and 1h line up we are looking for 200 pips. In a bullish trade the stop loss is always 100 pips below the price where the green line on the 1h QQE SI crosses the red 50 line. Vice versa for bearish trade.

After determining a bullish trend on a 4h chart we need to make sure the 4h candle has formed above the Gann HiLow Activator line shown above in gold. If the 4h candle directly above where the QQE green line crossed the purple line (forming our bullish trend) has not formed above the Gann line we wait for the next 4h candle to form above before continuing to the 1h chart for confirmation. Presently I do not know what “formed” is referring to. Is it saying that as long as any of the body of the candle is above the Gann line we are ok or does it mean that the whole candle has to be above the Gann line or does it mean as long as the candle started to form above the Gann line and could potentially be a bearish candle in a bullish trend? All of the previous may be correct and it may just be up to the end user to determine his or her own trading style and how to interpret the 4h candle in relation to the Gann Line. I would guess it is safer if the whole body of the candle is above the Gann line and less safe if the 4h candle started above the Gann line and turned bearish. Also I would assume that we do not need to wait for the most recent 4h candle to close before continuing to our 1h chart since our entry is based on the 1h chart.

On the 1h chart we first confirm our bullish trend by making sure the green line has crossed above the purple line (not necessary?) on our QQE indicator and that the green line has crossed above the red 50 line. The exact spot where the green line crosses the red line in a bullish trend is where we are looking to buy. Before we can open our buy trade we need to make sure the 1h candle has crossed above the Gann line. Our entry will be the beginning of the second (confirmation) candle after the cross-over candle has closed. The closer our entry is to the 1h 5sma the better the entry.

PS: I know this is a GBP/CHF chart instead of GBP/JPY

#293
Mar 25, 2008 8:07pm Mar 25, 2008 8:07pm

atisnado
| Joined Nov 2007 | Status: Trader | 21 Posts

Hei MPP, what are the indicators to be used on the auslanco 15 min template?

Regards,

Alejandro

#294
Apr 11, 2008 1:19pm Apr 11, 2008 1:19pm

kl79
| Joined Apr 2008 | Status: Trader | 4 Posts

Do anyone know to use MACD for GJ? Thanks

KL79

#295
Edited 9:49pm Apr 11, 2008 9:35pm | Edited 9:49pm

promo01
| Joined Mar 2006 | Status: Trader | 6 Posts

delete ................

#296
Apr 16, 2008 9:54am Apr 16, 2008 9:54am

FerruFx
Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts

Hi all forex traders,

Here's attached the EA. It follow the original strategy posted on post #1.

Both attached indys must be in /indicators/ folder.

It is very important to understand that when you test it (strategy tester) and then look at the charts to check the trades, you must look at H1 AND H4. Also, the default color line setting for QQE are wrong and i can't change because of the ex4 file. Then after test, to check the trades you must change the color setting on H1 and H4 for QQE:

1. QQE on H1: 1st color ok, 2nd color to "none" and 3rd color to "none". Level 50 needed.

2. QQE on H4: 1st color ok, 2nd color to "none" and 3rd color to "maroon". No Level needed.

The additional options:

1. Basic Managed Lot Size based on account equity: AccountEquity x Risk / 100000 ... in other words, the lot size will be 0.1 lot for a 1k account and Risk set at 1.

2. Trailing.Start.at: possibility to start the TrailingStop at X pips.

3. Use.QQE.to.Exit: possibility to close the order when the QQE cross the 50 line on H1.

Please test it on demo and let it be improved before go live.

Best regards,
FerruFx

Attached File(s)

AuslancoExpert_original_strategy.mq4 9 KB | 2,389 downloads

###QQE_Alert_MTF_v2###.ex4 9 KB | 2,018 downloads

###Gann_HiLo_Activator_v2###.ex4 2 KB | 34,485 downloads

MT4/MT5 EAs/Indicators/Alerts coder

#297
Apr 16, 2008 10:05am Apr 16, 2008 10:05am

Hercs
Joined Jan 2006 | Status: Active | 751 Posts

I cannot down-load the EA. I also tried the indicators although I have them, but I get the same error message:

Warning: fopen(attach/3/9/8/8/3/103495.attach) [function.fopen]: failed to open stream: No such file or directory in /attachment.php on line 217
GIF89a€ÀÀÀ!ù,D;

Any suggestions, please? Thanks.

Hercs

#298
Apr 16, 2008 10:09am Apr 16, 2008 10:09am

FerruFx
Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts

Quoting Hercs

Disliked

I cannot down-load the EA. I also tried the indicators although I have them, but I get the same error message:

Warning: fopen(attach/3/9/8/8/3/103495.attach) [function.fopen]: failed to open stream: No such file or directory in /attachment.php on line 217
GIF89a€ÀÀÀ!ù,D;

Any suggestions, please? Thanks.

Ignored

I just tested to download and all is fine. Please re-test, it might be a server problem at the time you tried.

FerruFx

MT4/MT5 EAs/Indicators/Alerts coder

#299
Apr 17, 2008 1:29pm Apr 17, 2008 1:29pm

spiritfriends
| Joined Dec 2006 | Status: Trader | 18 Posts

Nice Job Ferru,

I back tested the Ea and it works perfectly.I did a backtest from March 2 to date then another 1 year back to April 2nd 2007. and always in a plus ROI.Now with some optimizing the Ea could be a good little performer to add to a portfolio.
I will add the statements in another post.

David

Attached Image(s) (click to enlarge)