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Indicators development for T101's not very simple method

  • #721
  • Nov 1, 2008 10:31am Nov 1, 2008 10:31am
George, I think its basket_indicator by t101 with settings 50/40 you can find here: http://www.forexfactory.com/attachme...202008%2015:51

just attach this one to the basketbars window
  • #722
  • Nov 1, 2008 11:37am Nov 1, 2008 11:37am
Quote
Here are this week screen shots every 5 minutes interval:
http://www.tickjob.com/T101/T101-IB-27-oct.pdf
http://www.tickjob.com/T101/T101-Alp...1hr-27-Oct.pdf
Great work! The first thing that came to mind while watching this was
'what was the ask price?'. With the margins that we have seen last week, I think it will show a somewhat different perspective with the ask line present. Great effort none the less. Rgds. David.
  • #723
  • Nov 2, 2008 4:48am Nov 2, 2008 4:48am
Here is my 1min basket movement indicator....
you can use it for entering the short term baskets.
Regards
Attached Image
Attached File(s)
File Type: ex4 FOREXflash© 2008_1M Basket Movement.ex4   14 KB | 1,395 downloads
forexflash
  • #724
  • Nov 2, 2008 9:17am Nov 2, 2008 9:17am
Quoting TickJob
Here are this week screen shots every 5 minutes interval:
http://www.tickjob.com/T101/T101-IB-27-oct.pdf
http://www.tickjob.com/T101/T101-Alp...1hr-27-Oct.pdf
Thanks TickJob,

Edit:I can't open the files.Says it's damaged!!

Great work.I did back testing On the last file and as Oresto said the result for entry when H1 and H4 are in the same direction is great.

I don't know if there is any alert in his indicator.Do you know guys?
For example when H1 changes to H4 direction or vise versa.

Thanks
Mike
Failure, is a wonderful teacher!
  • #725
  • Nov 2, 2008 5:42pm Nov 2, 2008 5:42pm
Quoting FOREXflash
Here is my 1min basket movement indicator....
you can use it for entering the short term baskets.
Regards
Hi FOREXflash .... another great indicator ... thanks.

Is it only me who is having some layout problems (image below).. and could you elaborate a bit more on the signals. Is it only for use in the 1m chart... what exactly are the 0,50,100 representing.. Pip movement .. a percentage movement of some sort. Sorry if these are stupid questions.

On a side note guys .. just some observations on the week past.

Thanks Forexflash, Orest and all the other contributors.
Attached Image (click to enlarge)
Click to Enlarge Name: ForexFlashBasketMovement.JPG Size: 29 KB
  • #726
  • Nov 3, 2008 6:40am Nov 3, 2008 6:40am
Wonderful thread. Lot of very nice indicators developed here. Now how are you trading them. What combination of indicators are you using, how much are you winning, how long have you been trading this combination? You guys that are winning regularly what are you trigger signs. The indicator part of this thread has been great which I thank all and above all OREST. Now brag a little guys, tells us how well your doing.....
  • #727
  • Edited 11:48am Nov 3, 2008 10:39am | Edited 11:48am
Here it is guys...repaired version, now calculates inputed tf movement.
It doesnt matter what pair or tf you are using!
This is a great tool for entering the short term baskets.
I use 1h,30m,15m,5m,1m input.
All you need to do is wait for at least 10-12 pairs pointing up or down,
and you have a perfect entry point! The more pairs pointing in one direction
means better entering point. Im doing this without using any other indicator
(ok maybe one...sm jones basket bars for detecting long term trend of basket)
but using this indi you can make a nice short term trend profits....no matter
what the trend is....especialy ranging market
You just need to babysit the basket cos some 50usd profit can go in negative
in matter of seconds!!!
DO NOT ENTER BASKET WICH ARE REVERSED FROM THE DAILY TREND!!!
Enjoy your baskets.
Regards

edit: now with changable tf for % of movement
Attached Image (click to enlarge)
Click to Enlarge Name: basket.gif Size: 10 KB
Attached File(s)
File Type: ex4 Multi Basket Movement_FOREXflash© 2008.ex4   24 KB | 1,557 downloads
forexflash
  • #728
  • Nov 3, 2008 12:10pm Nov 3, 2008 12:10pm
FOREXflash,
very nice job on the indicator!
So, are those numbers pips? Is it MTF type or I'm supposed to attach it to 1h,30m, etc charts? Would be great if you post your code to avoid these silly questions.

Thanks again.


Quoting FOREXflash
Here it is guys...repaired version, nowon...
  • #729
  • Nov 3, 2008 12:30pm Nov 3, 2008 12:30pm
Quoting Orest
FOREXflash,
very nice job on the indicator!
So, are those numbers pips? Is it MTF type or I'm supposed to attach it to 1h,30m, etc charts? Would be great if you post your code to avoid these silly questions.

Thanks again.
Orest, it doesnt matter what tf are you using!
Use it only one 1 chart, it takes all the tf values and regarding them you get
a movement represented by number(strenght of trend).
YOu just need to select tf in indi external variables!

Respect
forexflash
  • #730
  • Nov 3, 2008 12:33pm Nov 3, 2008 12:33pm
Flash, excellent work man! Thanks Why use multiple timeframes? How would one know for which TF the signal is for?

Quoting FOREXflash
Here it is guys...repaired version, now calculates inputed tf movement.
It doesnt matter what pair or tf you are using!
This is a great tool for entering the short term baskets.
I use 1h,30m,15m,5m,1m input.
All you need to do is wait for at least 10-12 pairs pointing up or down,
and you have a perfect entry point! The more pairs pointing in one direction
means better entering point. Im doing this without using any other indicator
(ok maybe one...sm jones basket bars for detecting long term trend of basket)
but using this indi you can make a nice short term trend profits....no matter
what the trend is....especialy ranging market
[b]You just need to babysit the basket cos some 50usd profit can...
  • #731
  • Edited 12:53pm Nov 3, 2008 12:39pm | Edited 12:53pm
Quoting shiva
Flash, excellent work man! Thanks Why use multiple timeframes? How would one know for which TF the signal is for?
Shiva....it isnt standard mtf, it just uses few tf (the ones you selected in indicator properties) and gives a trend and strenght of it based on used tfs!!!
If you select 1m only you will get to scrambled signal for basket, but if the overall buy or sell
trend comes from all the tf used, than it is a great entry point!
Basically if one pair point down 100%, that means that on multiple tfs pair is going down
(much better than pair going down only on 1m tf, isnt it)
Regards
forexflash
  • #732
  • Nov 3, 2008 12:55pm Nov 3, 2008 12:55pm
Thanks Flash, here is a quick update

Used your indi with on 30m = True. Screenshot should explain it all BTW This is Trade#2

Quoting FOREXflash
Shiva....it isnt standard mtf, it just uses few tf (the ones you selected in indicator properties) and gives a trend and strenght of it based on used tfs!!!
If you select 1m only you will get to scrambled signal for basket, but if the overall buy or sell
trend comes from all the tf used, than it is a great entry point!
Basically if one pair point down 100%, that means that on multiple tfs pair is going down
(much better than pair going down on 1m tf, isnt it)
Regards
Attached Image (click to enlarge)
Click to Enlarge Name: forexflash1.gif Size: 38 KB
  • #733
  • Nov 3, 2008 5:28pm Nov 3, 2008 5:28pm
ForexFlash,

Would love to use your indicator but the pairs included are fixed and represent the IBFX version. Is there any way to either set up the buy and sell pairs as external variables OR to set up another version with the buys as:

CADJPY AUDUSD USDJPY EURUSD EURCHF GBPJPY USDCAD

AND THE SELLS AS:

GBPUSD EURGBP GBPCHF CHFJPY AUDJPY EURJPY USDCHF

Thanks,

saintmo
  • #734
  • Nov 3, 2008 8:16pm Nov 3, 2008 8:16pm
saintmo,
those pairs is a standard now to avoid confusion. You'd better change your other indicator(s) unless you feel significant sentiments over Canadian currency group.

Quoting saintmo
ForexFlash,

Would love to use your indicator but the pairs included are fixed and represent the IBFX version. Is there any way to either set up the buy and sell pairs as external variables OR to set up another version with the buys as:

CADJPY AUDUSD USDJPY EURUSD EURCHF GBPJPY USDCAD

AND THE SELLS AS:

GBPUSD EURGBP GBPCHF CHFJPY AUDJPY EURJPY USDCHF

Thanks,

saintmo
  • #735
  • Nov 3, 2008 10:16pm Nov 3, 2008 10:16pm
Quote
saintmo,
those pairs is a standard now to avoid confusion. You'd better change your other indicator(s) unless you feel significant sentiments over Canadian currency group.

Thanks for your response. I see what you are saying, but my problem is FXDD does not offer the NZDJPY pair. Anyone else using FXDD? If so what pairs are you using?

Thanks,

saintmo
  • #736
  • Nov 4, 2008 1:53am Nov 4, 2008 1:53am
Quoting FOREXflash
Here it is guys...repaired version, now calculates inputed tf movement.
It doesnt matter what pair or tf you are using!
This is a great tool for entering the short term baskets.
I use 1h,30m,15m,5m,1m input.
All you need to do is wait for at least 10-12 pairs pointing up or down,
and you have a perfect entry point! The more pairs pointing in one direction
means better entering point. Im doing this without using any other indicator
(ok maybe one...sm jones basket bars for detecting long term trend of basket)
but using this indi you can make a nice short term trend profits....no matter
what the trend is....especialy ranging market
[b]You just need to babysit the basket cos some 50usd profit can...
Used your indicator today for the first time. Took the breakout on TF1 of GMT 7:24 on EurUsd without a single pip drawdown. It's going up further but made a quick 35 pips. My settings on your indcator only TF 1, 5 and 15 set to true.

The decision to take the trade was made using other indicators...... but your indicator very nicely shows the boost potential at the breakout of all currencies takin' a ride. I quickly made a screenshot of the display at the moment I took this trade.......... which makes me believe it's not necessary to wait until at least 10 pairs are pointing 100%.
The majority green and pointing higher is also good for this purpose...... to show boost potential.

There one thing you may have look at..... If all TF's 1 ... 60 are set true the arrows dissapear from the display.

THX again, John
Attached Image
  • #737
  • Nov 4, 2008 2:03am Nov 4, 2008 2:03am
Please I am only seeing 30d ago, 21d ago, 14d ago.this week, this day and 4h on my screen.Other smaller time frames are not showing.Why?Please sorry if it is a foolish question.



Attach is the screen shot;
Attached Image (click to enlarge)
Click to Enlarge Name: all day.gif Size: 18 KB
  • #738
  • Nov 4, 2008 2:21am Nov 4, 2008 2:21am
I was wondering if anyone has any comments on T101_v1.14_orest.mq4 vs the original IA in terms of accuaracy. I know I should read the whole thread but I am reading so many whole threads that my eyes are bleading.

Any comments would be much apprieciated.

RedPadisha
  • #739
  • Nov 4, 2008 3:11am Nov 4, 2008 3:11am
Suggestion - put a field for total#, then maybe a number range could be used to determine if trend is up or down.


Quoting FOREXflash
Shiva....it isnt standard mtf, it just uses few tf (the ones you selected in indicator properties) and gives a trend and strenght of it based on used tfs!!!
If you select 1m only you will get to scrambled signal for basket, but if the overall buy or sell
trend comes from all the tf used, than it is a great entry point!
Basically if one pair point down 100%, that means that on multiple tfs pair is going down
(much better than pair going down only on 1m tf, isnt it)
Regards
  • #740
  • Nov 4, 2008 3:29am Nov 4, 2008 3:29am
Close the navigator and marketwatch panes and see
Quoting aje6767
Please I am only seeing 30d ago, 21d ago, 14d ago.this week, this day and 4h on my screen.Other smaller time frames are not showing.Why?Please sorry if it is a foolish question.



Attach is the screen shot;
Attachment
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