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Indicators development for T101's not very simple method

  • #221
  • Oct 13, 2008 10:26am Oct 13, 2008 10:26am
this problem with billions of pips was the same i got early. Then i simple tried with a 1 min TF and worked. I did not chanche nothing, only tried again on the 1 min TF.

with Interbank the indicator/EA is working nice but with FxPro i have the problem with decimals.

and i like to add that i am long on GBPCHF and USDCHF because the changed position in the 14d ago tab.
  • #222
  • Oct 13, 2008 10:40am Oct 13, 2008 10:40am
I think u are right! It's due to decimal pt! Alpari just changed to 5 decimal pricing today! Screwed up the indicator. and we can't adjust the decimal pricing like in Oanda...

Changing to 1min TF won't help in my case. Guess I have to switch my demo broker again. Urghhhhhhh..........
  • #223
  • Oct 13, 2008 10:42am Oct 13, 2008 10:42am
I bet it's the pair's data history problem. Please change the time frame to 1 min to see if it fixes the issue as giraia_br suggested.

Also, I wouldn't recommend to use the indicator on FxPro/Alpari since they have those funny after decimal point pips.

Quoting TickJob
Version 1.13 also the same.
  • #224
  • Oct 13, 2008 10:49am Oct 13, 2008 10:49am
It might be a liitle late, but let's see...

Quoting giraia_br
and i like to add that i am long on GBPCHF and USDCHF because the changed position in the 14d ago tab.
  • #225
  • Oct 13, 2008 11:34am Oct 13, 2008 11:34am
When do I stop to amaze myself about this method?



Quoting Orest
It might be a liitle late, but let's see...
Attached Image
  • #226
  • Edited 12:02pm Oct 13, 2008 11:49am | Edited 12:02pm
Quoting Orest
I bet it's the pair's data history problem. Please change the time frame to 1 min to see if it fixes the issue as giraia_br suggested.

Also, I wouldn't recommend to use the indicator on FxPro/Alpari since they have those funny after decimal point pips.
the problem is that Fxpro is the broker that has the most close data of the open of the week, close of the real interbank market data. If yo or somebody else know another broker please let now, but i think FXPRO is the only that have data form so early.

and about the trade i took i closed for 42/40 pips (82 total). Now i will pay attention to EURGBP.
  • #227
  • Oct 13, 2008 11:53am Oct 13, 2008 11:53am
Quoting Orest
Hey, comdoc -
let's give the credit whom it's actually due. I don't remember the exact quote. When I say heatmap indicator I mean this
http://www.forex-tsd.com/indicators-...-heat-map.html

Terminology is important since many users have been using it.
I know I rejected your request to show the latest time frames on the indicator, but time has changed I will probably accomodate your needs in one of the upcoming versions. I have to think how to keep the current layout though.

Orest
Hey, Orest

That's only one type of heatmap. TRO heatmap also looks like this, but it's difficult to see at a glance what's going on with all pairs in relation to each other. Thanks for considering my request. Yes, it's a challenge to fit in 4 more TFs. Let me work on that.

Kind regards,

George
  • #228
  • Oct 13, 2008 12:33pm Oct 13, 2008 12:33pm
I hate when somebody calls GBPUSD as G/U. Is it only me? Would be easiest way to squeeze at least two more columns.

Quoting comdoc
Hey, Orest

That's only one type of heatmap. TRO heatmap also looks like this, but it's difficult to see at a glance what's going on with all pairs in relation to each other. Thanks for considering my request. Yes, it's a challenge to fit in 4 more TFs. Let me work on that.

Kind regards,

George
  • #229
  • Oct 13, 2008 12:55pm Oct 13, 2008 12:55pm
Lol -- do you like "cable" better?

Quoting Orest
I hate when somebody calls GBPUSD as G/U. Is it only me? Would be easiest way to squeeze at least two more columns.
  • #230
  • Oct 13, 2008 1:43pm Oct 13, 2008 1:43pm
I just went short all 14 pairs, goal is 200 pips since this is low activity day.
  • #231
  • Oct 13, 2008 2:11pm Oct 13, 2008 2:11pm
Well, I went long.....I really dont understund why whould
anyone go short now? Could you explain!?
forexflash
  • #232
  • Oct 13, 2008 2:28pm Oct 13, 2008 2:28pm
I was long too. Just closed it out for a very nice profit . Market is up-up-up. No reason to short just yet.
  • #233
  • Oct 13, 2008 2:30pm Oct 13, 2008 2:30pm
Quoting Orest
I just went short all 14 pairs, goal is 200 pips since this is low activity day.
I went long all 14 pairs. Up about 500 pips.
  • #234
  • Oct 13, 2008 2:31pm Oct 13, 2008 2:31pm
You're absolutely right - I'm 500 pips down now.
1h shown SHORT and 4h was moving towards SHORT too, but it reversed back to LONG just after I entered.

Quoting FOREXflash
Well, I went long.....I really dont understund why whould
anyone go short now? Could you explain!?
  • #235
  • Oct 13, 2008 2:35pm Oct 13, 2008 2:35pm
I find your indicator very usefull Orest, you done a great job.
As far as looking at the trend displayed on your indic....I ignore it!
The main thing for me is amount of total pips for basket, and Im using
BuySellBasket indic for confirming the trend. Try it, it is the great
help for decision making. For me the greatest indicator is the total
number of pips!!!

Buy basket=800pips and climbing

Look at the total for jpy pairs.......I could trade jpy pairs based only on T

Respect
forexflash
  • #236
  • Oct 13, 2008 2:46pm Oct 13, 2008 2:46pm
FOREXflash,
could you attach some chart image w/BuySellBasket if you have a chance? I also use it, but mine is balancing around zero today and not very useful at all. I use IBFX pairs.


Quoting FOREXflash
I find your indicator very usefull Orest, you done a great job.
As far as looking at the trend displayed on your indic....I ignore it!
The main thing for me is amount of total pips for basket, and Im using
BuySellBasket indic for confirming the trend. Try it, it is the great
help for decision making. For me the greatest indicator is the total
number of pips!!!

Buy basket=800pips and climbing

Respect
  • #237
  • Oct 13, 2008 2:54pm Oct 13, 2008 2:54pm
I use look back=4......at 0, same thing here!
.....This is look back 4...pic1
pic2 is look back=0
long basket=1200pips now
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screen.gif Size: 40 KB
Click to Enlarge Name: screen2.gif Size: 39 KB
forexflash
  • #238
  • Oct 13, 2008 3:06pm Oct 13, 2008 3:06pm
I just got stoped out with 1150 pips.
Look at the indi how it shows the trend is weakening.
Attached Image (click to enlarge)
Click to Enlarge Name: screen3.gif Size: 52 KB
forexflash
  • #239
  • Oct 13, 2008 3:18pm Oct 13, 2008 3:18pm
Thank you!!!!
Mine had very weird settings. Don't know why...

Do you also have that feeling that these two indicators is all you need?
For this system anyway.



Quoting FOREXflash
I just got stoped out with 1150 pips.
Look at the indi how it shows the trend is weakening.
  • #240
  • Oct 13, 2008 3:23pm Oct 13, 2008 3:23pm
Orest.....I know that these 2 indis are enough
Tell me, do you have problems with Trader101 TradeBasket indic
designed for pairs jump method???
I tried to use it but nothing happens?
I want to exploit this method to the max!
Attached Image (click to enlarge)
Click to Enlarge Name: trader101.gif Size: 75 KB
Attached File(s)
File Type: mq4 Trader101 TradeBasket.mq4   8 KB | 782 downloads
forexflash
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