Indicators development for T101's not very simple method | Page 19 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Simple System By T101 - My Thought 18 replies

Continuation of T101 method discussions 24 replies

My first attempt at T101's basket method... 2 replies

Attachments: Indicators development for T101's not very simple method
Exit Attachments

Indicators development for T101's not very simple method

  • #361
  • Oct 17, 2008 8:56am Oct 17, 2008 8:56am
Hi Shiva,

This is very interesting...some questions for you...

1. What do you look for in the BuySellBasket to enter trade?
2. How do you know which pairs to trade?
3. When do you exit?





Quoting shiva
Hey Tick Job, I am using these two indicators t101_v1.12_orest and BuysellbasketTotal on 15 mins TF

orest indi with default settings
buysellbaket with lookback = 4

I just added levels at 0, 250, -250, 500, -500, 1000, -1000, 2000 and -2000 for measuring strengtg.

When orest Indicator totals on h4 and h1 columns exceed 80 on either +ve or -ve side i trade accordingly if the buysell basket confirms.

Ocassionally, i take in to account only the H1 tf if it is +/- 70 and h4 t= positive/negative. Kinda risky, but hasnt failed yet lol

Pls hold on while checkout prices on new Bentleys
  • #362
  • Oct 17, 2008 9:00am Oct 17, 2008 9:00am
Quoting giraia_br
shiva, i using lookbak 4 and tf 15, but looks like my indicator still with different values. Or i am wrong?

thanks for all help
Thats how it looks on my chart too, the appearance keeps changing - repaints
  • #363
  • Oct 17, 2008 9:02am Oct 17, 2008 9:02am
1. What do you look for in the BuySellBasket to enter trade?
I look for buy lines and sell lines to cross
2. How do you know which pairs to trade?
Julius (Trader101) has already defined the trading pairs
3. When do you exit?
No exit plan yet
Quoting geeve
Hi Shiva,

This is very interesting...some questions for you...

1. What do you look for in the BuySellBasket to enter trade?
2. How do you know which pairs to trade?
3. When do you exit?
  • #364
  • Oct 17, 2008 9:13am Oct 17, 2008 9:13am
ok, so to summarize:

Buy T101 Basket
1. Orest indicator shows H4 and H1 timeframes >+80 OR >-80
2. BuySellBasket shows Blue/Green lines going over 100
3. So we BUY T101 Basket

Sell T101 Basket
1. Orest indicator shows H4 and H1 timeframes >+80 OR >-80
2. BuySellBasket shows Red/Yellow lines going over 100
3. So we SELL T101 Basket

Correct?



Quoting shiva
1. What do you look for in the BuySellBasket to enter trade?
I look for buy lines and sell lines to cross
2. How do you know which pairs to trade?
Julius (Trader101) has already defined the trading pairs
3. When do you exit?
No exit plan yet
  • #365
  • Oct 17, 2008 9:26am Oct 17, 2008 9:26am
Hi, here i geeve it to you
Buy T101 Basket
1. Orest indicator shows H4 and H1 timeframes =>+80
2. BuySellBasket shows Blue/Green lines going over 100 (I prefer 350 now)
3. So we BUY T101 Basket

Sell T101 Basket
1. Orest indicator shows H4 and H1 timeframes =>-80
2. BuySellBasket shows Red/Yellow lines going over 100 (I prefer 350 now)
3. So we SELL T101 Basket
This is by no measure the final word or the right way, just the way i have been trying the method out.
So exercise (Yes exercise with an 'S'!)your own judgement

Quoting geeve
ok, so to summarize:

Buy T101 Basket
1. Orest indicator shows H4 and H1 timeframes >+80 OR >-80
2. BuySellBasket shows Blue/Green lines going over 100
3. So we BUY T101 Basket

Sell T101 Basket
1. Orest indicator shows H4 and H1 timeframes >+80 OR >-80
2. BuySellBasket shows Red/Yellow lines going over 100
3. So we SELL T101 Basket

Correct?
  • #366
  • Oct 17, 2008 10:06am Oct 17, 2008 10:06am
Hallo Trader,

I'm running Orest's T101_v1.13 (as EA) and T101_v1.12 (as Indi).

But the value of the important ''T'' is very different. Can somebody tell why or guide me to the posts? Haven't found anything about. There are variants of T101 from Shiva and Forexflash that needs a correctly T- value.

Btw, a huge THANKS for all the great selfless work to everybody, especially to Orest, Forexflash, Shiva and last put not least to Julius.
  • #367
  • Oct 17, 2008 10:24am Oct 17, 2008 10:24am
thanks Shiva i'll geeve it a try...

Has the Bentley been ordered now?




Quoting shiva
Hi, here i geeve it to you
Buy T101 Basket
1. Orest indicator shows H4 and H1 timeframes =>+80
2. BuySellBasket shows Blue/Green lines going over 100 (I prefer 350 now)
3. So we BUY T101 Basket

Sell T101 Basket
1. Orest indicator shows H4 and H1 timeframes =>-80
2. BuySellBasket shows Red/Yellow lines going over 100 (I prefer 350 now)
3. So we SELL T101 Basket
This is by no measure the final word or the right way, just the way i have been trying the method out.
So exercise (Yes exercise with an 'S'!)your own judgement
  • #368
  • Oct 17, 2008 10:29am Oct 17, 2008 10:29am
Folks,
I have updated post#1. v.1.14 is released.

Here are timeframes which are available and could be set for each column in indicator's properties.

1 - 30d, 2 - 21d, 3 - 14d, 4-This week
5 - This day, 6 - 12h, 7 - 8h, 8 - 4h
9 - 2h, 10 - 1h, 11 - 30min
12 - 15min, 13 - 5min,14 - 1min

Defaults are the same as in the previous version.
I found it useful to have two charts open (depends on your machine power). One chart is Higher Time frames, another chart with Lower time frames. Chart with Lower time frames is always open and has also BuysellBasket indicator running.

Try it and tell me what you think.

Orest
  • #369
  • Oct 17, 2008 10:30am Oct 17, 2008 10:30am
Steve,
in v.1.13 spread has been taken into account.

Quoting stevehooks
Hallo Trader,

I'm running Orest's T101_v1.13 (as EA) and T101_v1.12 (as Indi).

But the value of the important ''T'' is very different. Can somebody tell why or guide me to the posts? Haven't found anything about. There are variants of T101 from Shiva and Forexflash that needs a correctly T- value.

Btw, a huge THANKS for all the great selfless work to everybody, especially to Orest, Forexflash, Shiva and last put not least to Julius.
  • #370
  • Oct 17, 2008 10:45am Oct 17, 2008 10:45am
@shiva
Great Job! That's what I'm expecting.

@TickJob
I beleive that's what BuySellbasket indicator for. The problem with it is you can't see the pairs jumping. That's what you are supposed to pay attention to. For that well... we need... that... you know... another indicator.

@profdr
FxPro and Alpari could be good brokers, no questions about it, but they have those funny pips after decimal point what's why I don't recomment to use the indicator with them. Any other broker is okay. Remember you could use one broker for indicator and another for trading (if you comfortable doing this).
  • #371
  • Oct 17, 2008 11:23am Oct 17, 2008 11:23am
Orest,

Super !!!!!!!!!!!!!

Thanks
  • #372
  • Oct 17, 2008 11:29am Oct 17, 2008 11:29am
@profdr
FxPro and Alpari could be good brokers, no questions about it, but they have those funny pips after decimal point what's why I don't recomment to use the indicator with them. Any other broker is okay. Remember you could use one broker for indicator and another for trading (if you comfortable doing this).


Alpari demo account is not good, Alpari Live is OK.

http://www.forexfactory.com/images/buttons/quote.gif

  • #373
  • Oct 17, 2008 11:49am Oct 17, 2008 11:49am
Here is Alpari live image.
  • #374
  • Oct 17, 2008 11:50am Oct 17, 2008 11:50am
Hi Steve,

Orest's new EA's v1.13 and now v1.14 have multiple "T" values...

Orest, correct me if i'm wrong...

Frist T - this is the USD Total (Difference between buys and sells)
Second T - this is the JPY Total (Difference between buys and sells)
Third T - this is the total for Other pairs (Difference between buys and sells)
Fourth T - This is the total for the timeframe, which gives you overall direction...

Orest, great work as usual...



Quoting stevehooks
Hallo Trader,

I'm running Orest's T101_v1.13 (as EA) and T101_v1.12 (as Indi).

But the value of the important ''T'' is very different. Can somebody tell why or guide me to the posts? Haven't found anything about. There are variants of T101 from Shiva and Forexflash that needs a correctly T- value.

Btw, a huge THANKS for all the great selfless work to everybody, especially to Orest, Forexflash, Shiva and last put not least to Julius.
  • #375
  • Oct 17, 2008 11:52am Oct 17, 2008 11:52am
Yep, you are absolutely right, geeve.
I also recommend to read short word file in post#1.


Quoting geeve
Hi Steve,

Orest's new EA's v1.13 and now v1.14 have multiple \"T\" values...

Orest, correct me if i'm wrong...

Frist T - this is the USD Total (Difference between buys and sells)
Second T - this is the JPY Total (Difference between buys and sells)
Third T - this is the total for Other pairs (Difference between buys and sells)
Fourth T - This is the total for the timeframe, which gives you overall direction...

Orest, great work as usual...
  • #376
  • Oct 17, 2008 1:00pm Oct 17, 2008 1:00pm
Hi this is awesome work.. thanks again

im wondering is it possible to have more colums so we can have more timeframes on 1 chart rather then 2 charts?? thanks
  • #377
  • Oct 17, 2008 1:13pm Oct 17, 2008 1:13pm
good job master mind keep all the good work coming.

thanks,
Regards,
Peram
  • #378
  • Oct 17, 2008 1:26pm Oct 17, 2008 1:26pm
Well, if I decrease the font size I could squeez one more column in. I don't think it would be a great help. Unless you are proposing completely different layout. Remember our main goal is to watch different pairs jumping in different time frames. Don't propose pairs on axis Y and timeframes on axis X - unless you fulfill the requirement above of course.



Quoting avatarx51
Hi this is awesome work.. thanks again

im wondering is it possible to have more colums so we can have more timeframes on 1 chart rather then 2 charts?? thanks
  • #379
  • Oct 17, 2008 1:47pm Oct 17, 2008 1:47pm
Quoting shiva
Hi, here i geeve it to you
Buy T101 Basket
1. Orest indicator shows H4 and H1 timeframes =>+80
2. BuySellBasket shows Blue/Green lines going over 100 (I prefer 350 now)
3. So we BUY T101 Basket

Sell T101 Basket
1. Orest indicator shows H4 and H1 timeframes =>-80
2. BuySellBasket shows Red/Yellow lines going over 100 (I prefer 350 now)
3. So we SELL T101 Basket
This is by no measure the final word or the right way, just the way i have been trying the method out.
So exercise (Yes exercise with an 'S'!)your own judgement
Hi Shiva,

Seem like u getting some great observation.But i getting problem here for the buysellbasket indicator hope you can kindly help.
here with my screenshot, y my indicator range far more larger than urs?
i open it in 15min chart and also set the lookback=4 same as u.
Attached Image (click to enlarge)
Click to Enlarge Name: 18-10-2008 2-38-10 AM.png Size: 47 KB
  • #380
  • Edited 3:00pm Oct 17, 2008 2:48pm | Edited 3:00pm
There was a few requests for the buysellbasket indicator
for non ibfx users, so.......here it is!
ps. I completely stoped using it, it is to lagging and not responsive!!!
Attached File(s)
File Type: mq4 BuySellBasketTotal.mq4   12 KB | 1,330 downloads
forexflash
2 traders viewing now