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Indicators development for T101's not very simple method

  • #761
  • Nov 5, 2008 11:07am Nov 5, 2008 11:07am
Quoting mike1349
Put this numbers, like this.

Mike
I did , but mine only show 1hr and above

Thanks
  • #762
  • Nov 5, 2008 11:18am Nov 5, 2008 11:18am
Quoting FOREXflash
Here is another indicator.......
I think that no explanations are needed!
You can chose pairs and timeframes at your will.

Regards
ForexFlash,

Thanks for all the great indies. I have only one suggestion. Change the dark blue to green (and red to orange) on your heatmap indi, like Orests 1.14 indi. The contrast is easier to see against the background.

Slade
  • #763
  • Nov 5, 2008 12:44pm Nov 5, 2008 12:44pm
Thanks for these indies Flash. I'll have to be more careful in the settings though, I've been -200 pips on a long without seeing one red arrow, only greens (more than 10 when I entered) and a few yellows... these yellows are to be watch veeeery closely I'd say.
  • #764
  • Edited 1:12pm Nov 5, 2008 12:52pm | Edited 1:12pm
Quoting tagada
Thanks for these indies Flash. I'll have to be more careful in the settings though, I've been -200 pips on a long without seeing one red arrow, only greens (more than 10 when I entered) and a few yellows... these yellows are to be watch veeeery closely I'd say.
You can NOT trade basket based only on my indi!

There is no good basket without orest basket indi!
Trade only in direction of daily trend!
I use ccFp indi to see what the trend is,or it will be, and especialy usefull to detect ranging market!
Use my indi only for good entry point, but with confirmation from orest indi!
Babysit all baskets cos profit can get negative in matter of seconds!
Wait perfect aligment of currencies on orest indi from 4h,2h,1h,30min!
If you have a 4,2,1,30 tf aligned, my indi set at 30min pointing down, and ccFp widened,
you have a great entry point that rarely goes in negative profit!
This is for short term baskets!!!

Regards
forexflash
  • #765
  • Nov 5, 2008 3:23pm Nov 5, 2008 3:23pm
I had Orest' indy too of course, and I followed the daily trend, only the 1h and 4h disagreed with the daily. That must have been the hitch.
  • #766
  • Edited 5:46pm Nov 5, 2008 5:32pm | Edited 5:46pm
Yes. Don't use FF's indicator just itself, use Orest and graphs (1 hr and 30 min candles) as well, and see whether or not the sells or buys are taking over- always go with the trend.
I've my orest settings on 'this week', 'this day', '4 hr', '1 hr' , '30mins', '15 mins', '5 mins' and '1 min' (i've 3 screens so I have 2 orest indis open)
and I look for atleast 1 min, 5 min, 15 min, 30 min concurring with the FF's indi. (where if I am selling, Id see more sells on top than buys)

Try and not trade in small ranges, I've been unsuccessful with them but I gained thousands of pips thanks to FF-
Thanks Forex Flash! love your indicator-

--o and also, going against the Daily trend isn't recommended but if the trend's strong enough (where even 4 hr is being attkd by the winning pair (ie sells or buys side) then its worth trying! I've made around few hundred pips yesterday through this, against the Daily trend.
just make sure you 'demo test' the signal (like a filter) first on a demo account and when that becomes successful then jump in with live acc-
  • #767
  • Nov 5, 2008 9:57pm Nov 5, 2008 9:57pm
Forex Flash, I use your indicator as sort of an early warning system for a potential play. Once I have between 8-10 arrows pointing straight down or up, that's when I start consulting Orest's indicator or others.

I would be very helpful to have an alert fire off when the arrows are in the preferred setup. I noticed that each turn of the arrow has a value, with a straight up arrow having a value of +100 and straight down -100. A perfect buy setup would then be valued at 1400, whereas a perfect sell setup would be valued at -1400. If the alert could have an external variable set to plus or minus a user defined number, then you could use the total sum of all the arrows to trigger the alert.

Thanks for a great indicator!

-Dan
  • #768
  • Nov 6, 2008 4:24am Nov 6, 2008 4:24am
Quoting FOREXflash
Try to delete file mqlcache.dat from indicators folder, then restart mt4.
Regards
Thanks, flash...it worked! What can you tell me about mqlcache.dat? I've also had problems with Orest 101v1.4 doing the disappearing act when trying to re-attach it to the chart. I set your indie to 1M, 30M, 1H tfs, watching for majority to align.

Kind regards,

George
  • #769
  • Nov 6, 2008 7:17am Nov 6, 2008 7:17am
Screen Shot at 1-minute interval:

http://www.tickjob.com/T101/T101-ibf...min-29-oct.pdf
http://www.tickjob.com/T101/T101-ibf...min-30-oct.pdf
http://www.tickjob.com/T101/T101-3-nov-a.pdf
http://www.tickjob.com/T101/T101-3-nov-b.pdf
http://www.tickjob.com/T101/T101-4-nov-a.pdf
http://www.tickjob.com/T101/T101-4-nov-b.pdf
http://www.tickjob.com/T101/T101-5-nov-a.pdf
http://www.tickjob.com/T101/T101-5-nov-b.pdf
http://www.tickjob.com/T101/T101-6-nov-a.pdf

Plus FF Multi Basket Movement Indicators (1M, 5M, 15M, 30M set to True), FF explained before but I don't quite understand what are these settings mean, can someone explain it in another way?
http://www.tickjob.com/T101/T101-6-nov-a-ff.pdf
  • #770
  • Nov 6, 2008 7:19am Nov 6, 2008 7:19am
Quoting comdoc
Thanks, flash...it worked! What can you tell me about mqlcache.dat? I've also had problems with Orest 101v1.4 doing the disappearing act when trying to re-attach it to the chart. I set your indie to 1M, 30M, 1H tfs, watching for majority to align.

Kind regards,

George
I also has the same problem with Orest 101v1.4, what I do is to exist the MT4 and start again.
  • #771
  • Nov 6, 2008 7:53am Nov 6, 2008 7:53am
Hello Orest, FOREXflaxh, Julius and others..
who are putting in so much of their time and energy for the benefit of all. sincere thanks.

I've been finding my way about the wonderful T101 system and indicators that go with it with some success now (still in demo though ).

A few questions:

Re. T101_v1.14_orest indicator
a) what are the white numbers to the left of the up/down arrows?
b) I assume the up_arrows/down_arrows/' = ' sign indicate if the profit of that particular pair increased/decreased/stayed flat over the last tick..Please confirm.
c) I assume the captions above each column relate to the time each IA basket was hypothetically opened..
AND
1 hour ago = the open of the previous H1 bar ?
4 hours ago = the open of the previous H4 bar ?
this day = ??
this week = open of the current week on sunday evening ?
14 days ago, 21 days age, 30 days ago => would these be sort of "moving" baskets, the opening day advancing by a day with the passage of each day ?
Please clarify.

Re. BasketBars_v1.3
can someone explain this indicator to me OR point me to the detailed explanation if already posted...

Thanks again.
Cheers.
  • #772
  • Nov 6, 2008 8:29am Nov 6, 2008 8:29am
Here is my 2 trades for today and both had a big draw down.
in pic 1 before NY opening everything was aligned for long.Even E/J touched the TL and was going up.

I went long and see the result after few minutes in pic2.

The I saw everything is ok for short and I enter short but again big draw down after few minutes.

Look at the E/j on the right side.

Anybody knows what was my mistake?

Thanks
mike
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2.jpg Size: 232 KB
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Failure, is a wonderful teacher!
  • #773
  • Nov 6, 2008 4:42pm Nov 6, 2008 4:42pm
Hi pgd, we had lot of fundamental relases and ECB Press conference going on around that period look at the FF Calendar.
  • #774
  • Nov 6, 2008 8:25pm Nov 6, 2008 8:25pm
The following assumes you made a basket trade...

In your first trade, according to the Orest indicator, you entered during a ranging market. I'm not sure what you are using as a confirmation indicator, but Orest should be the primary - so wait until that indicates you are in a trending market, then make sure you have a confirmation from something else (I use the BuySellBasket and Carl's external program).

In your second trade, the Orest indicator wasn't quite correct, but close (according to how I trade), and again, I'm not sure about your confirmation indicator - I suspect that that a good confirmation indicator would not have confirmed.

Sometimes you will loose!

Matt




Quoting mike1349
Here is my 2 trades for today and both had a big draw down.
in pic 1 before NY opening everything was aligned for long.Even E/J touched the TL and was going up.

I went long and see the result after few minutes in pic2.

The I saw everything is ok for short and I enter short but again big draw down after few minutes.

Look at the E/j on the right side.

Anybody knows what was my mistake?

Thanks
mike
  • #775
  • Nov 7, 2008 2:11am Nov 7, 2008 2:11am
SImple answer in my opinion - GBP Official Bank Rate announce ment and impending NFP

Quoting mike1349
Here is my 2 trades for today and both had a big draw down.
in pic 1 before NY opening everything was aligned for long.Even E/J touched the TL and was going up.

I went long and see the result after few minutes in pic2.

The I saw everything is ok for short and I enter short but again big draw down after few minutes.

Look at the E/j on the right side.

Anybody knows what was my mistake?

Thanks
mike
  • #776
  • Nov 7, 2008 5:18am Nov 7, 2008 5:18am
Tried a EMA cross and ATR twist with Smjones' basketbars indicator and T101basketindi (also by smjones) Result? Attached
Its a simple 5x10 EMA cross and ATR dragged on to basketbars indocator window

Template added
Attached Image (click to enlarge)
Click to Enlarge Name: basket bars with ma cross.gif Size: 73 KB
Attached File(s)
File Type: tpl basketbars with ma cross.tpl   3 KB | 749 downloads
  • #777
  • Nov 7, 2008 8:15am Nov 7, 2008 8:15am
Quoting Pipo
Hi pgd, we had lot of fundamental relases and ECB Press conference going on around that period look at the FF Calendar.
Hi Pipo,

That was mike's query you answered
mine was above mike's. could you also respond to that one please..

Thanks.
cheers.
  • #778
  • Nov 7, 2008 8:18am Nov 7, 2008 8:18am
http://www.tickjob.com/T101/T101-6-nov-b.pdf
http://www.tickjob.com/T101/T101-6-nov-b-ff.pdf
http://www.tickjob.com/T101/T101-7-nov-a.pdf
http://www.tickjob.com/T101/T101-7-nov-a-ff.pdf
  • #779
  • Nov 7, 2008 6:12pm Nov 7, 2008 6:12pm
Quoting pgd
Hi Pipo,

That was mike's query you answered
mine was above mike's. could you also respond to that one please..

Thanks.
cheers.
Sorry pgd, LOL

Re Orest v1.14
there is a word doc files in post#1 it may answer your Q also read #368.
basketbars indic V1.3 .
it was first posted #511 and there were enhancement along the way post # 522.567,570,573
the latest current version 1.5 you can download in post #620.
  • #780
  • Nov 7, 2008 7:04pm Nov 7, 2008 7:04pm
Last ones:
http://www.tickjob.com/T101/T101-7-nov-b.pdf
http://www.tickjob.com/T101/T101-7-nov-b-ff.pdf
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