T101 external IA Monitor

Post of latest T101 external to MT4 windows program.

View my post from the T101 thread here: T101 Thread

Based on the 14 IBFX pairs designated by T101 here:http://www.forexfactory.com/showpost...3&postcount=51

Original version based on the original pair set designated by T101.

***The Universal version will replace both versions soon...

Please read the T101 thread to understand what this monitor shows you. Thank you.


1. Download one version only.
2. Put the indicator in the /experts/indicators directory.
3. Start your Metatrader.
4. Attach indicator to a busy chart. It will create data files in your Metatrader /experts/files directory.
5. Copy the program (.exe) into the /experts/files directory.
6. Run it.
7. Select a reference date.
8. Check the Realtime box.
9. Continue to play. Watch, read more of this thread/T101 thread.
10. Report any problems and get updates to the program here.

***New version 10 IBFX as of 9/30/2008 - 1400 EST
***New verison 11 IBFX - skipped.
***New version 12 IBFX as of 10/1/2008 - 1030 EST
***New version 13 IBFX as of 10/1/2008 - 1430 EST
***New version 14 - Skipped.
***New version 15 IBFX as of 10/5/2008 - 2045 EST
***New version 15a IBFX as of 10/5/2008 - 2215 EST
***New version 15b IBFX as of 10/5/2008 - 2315 EST
***New version 17b IBFX as of 10/13/2008 - 1115 EST
***New version 18 IBFX as of 10/14/2008 - 1540 EST
-New Multi-timeframe version
-Various bug fixes
***REPLACEMENT to version 18 IBFX as of 10/14/2008 - 1715 EST
- Use new indicator v1a. Delete version 1.
***New version 19 IBFX as of 10/17/2008 - 1045 EST
-New Reload History Menu Item
-More robust internal file handling
--------------------------------------------------------------------------
***New version 13 for T101 Original Pairs - 10/2/2008 - 1215 EST
***New version 13a for T101 Original Pairs - 10/2/2008 - 1600 EST
***New version 14 for T101 Original Pairs - 10/3/2008 - 0945 EST
***New version 14a for T101 Original Pairs - 10/3/2008 - 1130 EST
***New version 15 for T101 Original Pairs - 10/5/2008 - 2000 EST
***New version 15a for T101 Original Pairs - 10/5/2008 - 2215 EST
***New version 16 is skipped.
***New version 17 for T101 Original Pairs - 10/9/2008 - 1730 EST
***New version 17a for T101 Original Pairs - 10/10/2008 - 1600 EST
***New version 17b for T101 Original Pairs - 10/12/2008 - 1200 EST
***New version 18 for T101 Original Pairs - 10/16/2008 - 1800 EST
-New multi-timeframe version
-Delete old v2 indicator and replace with v2a.
***New version 19 for T101 Original Pairs as of 10/17/2008 - 1045 EST
-New Reload History Menu Item
-More robust internal file handling
------------------------------------------------------------------------
***New version 20 for T101 Universal Pairs as of 10/22/2008 - 1055 EST
-New Active Logger
-Timing Options for Active Logger

Hi,

Why the program start NZDJPY with -7111 pips ?

Anyway, is it possible to change the pair to the default pair ?

1. GBPUSD
2. EURGBP
3. GBPCHF
4. CHFJPY
5. AUDJPY
6. EURJPY
7. USDCHF

8. CADJPY
9. AUDUSD
10. USDJPY
11. EURUSD
12. EURCHF
13. GBPJPY
14 USDCAD

The trade simulator did not include the spread ?

thank you for this great software

NeTwIsE

this is very nice.. but i wonder how come the pairs are diff from t101 thread is this amodified version ?? thanks again

This is based on the 14 pairs for IBFX (thats what I have). Should work for any broker that has these pairs. You must have these available in your MT4 to use this.

Set 1 (The Buys)
1) GBPUSD
2) EURGBP
3) GBPJPY
4) USDCHF
5) NZDUSD
6) AUDJPY
7) EURJPY
Set 2 (The Sells)
8) EURUSD
9) USDJPY
10) AUDUSD
11) NZDJPY
12) GBPCHF
13) CHFJPY
14) EURCHF
Total spread for Buys = 37
Total spread for Sells = 40

As designated by T101.

Please note that MT4 is written very poorly.

To ensure you get the maximum history data for use by the program, open all 14 pairs daily charts. This will prompt MT4 to download the daily data.

Carl

Will there be an option for the default pair ? I am doing manual trading and my broker only the default pair to trade

Sometime in the future probably. Right now I'm trying to get the main structure of the program working correctly based on the IBFX pairs because that is where my account is. IBFX does not have the default pairs (which includes CADJPY) originally designated by T101 for FxPro.

After initially selecting a reference date, double click on it, or make sure it is highlighted. Then you can use your up and down arrows to quickly check the pair configuration for any available past and future days.

Also note, spreads are not included when simulating trades. Different brokers have different spreads, so make sure you know what yours are.

Carl

hi bro !

this is really a great work i attahced here with the picture

i make like 90 pips in just half an hour
long GJ
long GBPCHF
long AU

thank you very much for this this is really a good software for a manual trader

thanks once again

NeTwIsE

Awesome NeTwIsE !!!
That is what I like to see.
You are very welcome.

I like manual trading too.

Carl

Thanks for the software. Looks great, wish I could program like that!!

Just a couple of questions.

The figure for bias is presumable the total of the numbers that appear against each currency. Therefore, a +ve would indicate long, and a -ve would indicate short. Is that correct?

From your experience, what number is critical at which stage a trade could be considered? Or is that immaterial

Also from your experience, how many greens should be at top for the same?

Also, when you load the program at the reference date, say todays, what time of day does it reference. Is it the time you load charts up? or a fixed time say 1200.

Thanks once again.

Regards
Pardy

thanks once again for this great work man
it will really help me to improve my trading
and also this is purely the 101 method
and its soo easy to trade on any time of the day which is really really easy for my kinda trader

thanks
NetwIse

Hi Netwise, congrats. Could you please take us through the process to define at what stage u decided to take the trades. This will help me understand better and to look out for the same criteria.

Many thanks,

Regards
Pardy

very very simple
first of all u need to remember what are the buy pairs and what are the sell pairs

so when u remember just remember one more thing

1) BUYS that jumps up === BUY (if buy jump to profit you buy)
2) SELLS that jumps down=== BUY (if sell jump to loss you buy)
3) BUYS that jumps down === SELL (if buy jump to loss you sell)
4) SELLS that jumps up === SELL (if sell jump to profit you sell)


rule is simple follow this u will get success in the attach picture u see gj is + anchor and gj is buy so if buy up you buy so i buy gj vice versa

hope you understand

thanks
NeTwIsE

Pardy,
Yes the bias is the total of all. I am unsure of its significance yet. I've been programming. But logically if the sells are on top, and the bias is positive, then that would mean that the sells are strong and the buys are weak.

Please don't ask to much about what things mean. We need to figure that out as a group. T101 has much more experience with this strategy than I do.

The reference days are based on the open of that day, whatever it is for your broker. Usually GMT 0000.

I am going to add some more interesting bias measures in the days to come.

Carl

ok here is the sample trades
do it in demo

short USDCHF
and long EURUSD

hope they will be in profit

thanks
netwise


USDCHF is a sell in main so this is jumps up and when sell jumps up so we can sell USDCHF
and EURUSD is a buy in main so this is jumps up so if buy jumps up we buy

hope you understand now and i open the both trades lets see win or loss

thanks
NeTwIsE


update :

i long GU and GBPCHF too
lets see what happen win or loss

good work netwise

what i wana say about this software
1. you need an old ia account means to say so u can get some good signals

i open some trades and they are in minus because i do the last date

anyway i will update my results here

thanks
NeTwise

So, you don't want the bias to be near 0. if it is then the buying and selling pressure are equal. Maybe we want the bias to be above or below a certain number to ensure the strength is moving in a certain direction.

Just thinking out loud...

Carl