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mechanical 1min

  • #1
  • First Post: Dec 17, 2008 1:12am Dec 17, 2008 1:12am
Hi

I know I have loads of posts to answer and a few threads to update but my mind is working over time looking at and thinking of ways to turn a profit in the forex.

I was posted this indicator dont know if its been used in here before prob has it uses a 3 ema cross and doing a google on the name it looks like there has been a lot of interest

Any way Il post the indicator and take a look it gives really nice signals on the 1min plse dont ask about what swap times tp or sl Iv dont no work on it at all.

Paulus
Attached Image (click to enlarge)
Click to Enlarge Name: 3ema cross.gif Size: 18 KB
Attached File(s)
File Type: mq4 3 MA Cross w_Alert v2.mq4   6 KB | 4,444 downloads
  • #2
  • Dec 17, 2008 1:24am Dec 17, 2008 1:24am
ok

Simple dimple stuff

Take swing high to entry .. x 2 use that as our TP crude but simple.

4 example this morning all winners around 50 pips in total
Attached Image (click to enlarge)
Click to Enlarge Name: 3ema cross sl tp.gif Size: 21 KB
  • #3
  • Dec 17, 2008 2:50am Dec 17, 2008 2:50am
It repaints.
  • #4
  • Dec 17, 2008 6:35am Dec 17, 2008 6:35am
Doesn't look like it repaints as such, just starts to paint lots of arrows in the direction of the last signal after a while when run live.

G-Man
  • #5
  • Dec 17, 2008 6:46am Dec 17, 2008 6:46am
I will look into the code and see if I can replicate the signals via the indicators used or look for an updated indicator

P
  • #6
  • Dec 17, 2008 8:19am Dec 17, 2008 8:19am
Quoting G-Man
Doesn't look like it repaints as such, just starts to paint lots of arrows in the direction of the last signal after a while when run live.

G-Man
If you watch it, it lays down an arrow two or three bars back.
  • #7
  • Dec 19, 2008 5:21pm Dec 19, 2008 5:21pm
If you have a lil peek at the default settings you'll see it applys a negative shift to two of the MA's so, if you set that to 0 then you'll get to see a realistic arrow paint, as it happens. I've been experimenting around with some of the MAs and I've attached a template and will list the settings below.

For 3 MA Cross w_alert v2

Going down the colums

4
0
1
16
0
1
22
0
1
1

And then add an SMA (158 period).

Simply, whenever For 3 MA Cross w_alert v2 gives an order it must agree with the big sma, to keep you going with the longer term trend.
Attached File(s)
File Type: tpl ma's.tpl   1 KB | 1,879 downloads
  • #8
  • Dec 21, 2008 2:33am Dec 21, 2008 2:33am
Bad news:
It repaints. I've did it on visual mode on backtest.
All it does is show a down arrow on EVERY high of EACH bar, and then the last highest bar, it deletes all remaing arrows(when re-booted indicator so to say) and keeps the highest down arrow. Same for buy arrows.
Request custom Expert Advisor or Indicator: dostapyuk "at" gmail . com
  • #9
  • Edited 7:54am Dec 21, 2008 7:38am | Edited 7:54am
Very interesting indicator, but your system looks not so good... Let me show you my use of this indicator. I whink the job may more easy and more profitable!
Tell me if I'm wrong.

Open: Simply. When a new arrow is created.
Close: When a reverse arrow is created.
Timeframe: M5 (raccomended)
Pair: USDCHF, EURUSD (not checked yet, but i think it can be good also on EURCHF, GBPUSD, USDJPY, EURJPY)
This is very important: Open trades ONLY from London open till New York close!!
We trade only when markets are open because when they're close price is too flat and is not convenient to take trades!)
We never set a stop loss or a take profit. Our method is 100% indicator based.

Some example (the time on charts is GMT+1, in Italy):
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 3msystem1MOD.gif Size: 27 KB
Click to Enlarge Name: 3msystem2MOD.jpg Size: 96 KB
  • #10
  • Dec 21, 2008 8:47am Dec 21, 2008 8:47am
I loaded the same chart and have a couple extra long short sigs which breaks up the nice runs.

I will look at this on 1 min chart tomorrow and see it it does repaint I honestly dont know and dont know how to tell just by looking at the inputs so we have been told it doesnt and it does not disbelieving any one I need live market to see

Cheersfor the post 'stay in all day' system are good if you can come up with a system that keeps losses to a min in a whip saw period....

Paulus
  • #11
  • Dec 21, 2008 8:51am Dec 21, 2008 8:51am
have a look at this indicator some one please I have put teh big black arrows on the chart.

Does this repaint do we think ???

Paulus
Attached Image (click to enlarge)
Click to Enlarge Name: ttf+mw.gif Size: 20 KB
Attached File(s)
File Type: mq4 TTF+-+MW.mq4   3 KB | 2,805 downloads
  • #12
  • Dec 21, 2008 5:41pm Dec 21, 2008 5:41pm
Quoting Paulus
have a look at this indicator some one please I have put teh big black arrows on the chart.

Does this repaint do we think ???

Paulus
I do not know this indicator. I'll centainly try out my system (the one posted some posts ago) in real trading but honestly I think that it may be very profitable. If you check charts you see that almost no one trade goes in negative results, some "neutral" trades (betheen 0 to +5 pips profit) and the most of trades always bring 20-100 pips, up to 400 pips. Watch this chart, this is the worst i saw in the last days on 6 pairs:
Attached Image (click to enlarge)
Click to Enlarge Name: 3msystem3MOD.jpg Size: 166 KB
  • #13
  • Dec 21, 2008 8:37pm Dec 21, 2008 8:37pm
Quoting Retal1ator
I do not know this indicator. I'll centainly try out my system (the one posted some posts ago) in real trading but honestly I think that it may be very profitable. If you check charts you see that almost no one trade goes in negative results, some "neutral" trades (betheen 0 to +5 pips profit) and the most of trades always bring 20-100 pips, up to 400 pips. Watch this chart, this is the worst i saw in the last days on 6 pairs:

Nice trades with this indicator! Is it the same indicator posted by Paulus 3 MA Cross w_alert v2?
Have you modified it? Is this your system you are sharing?
The reason I ask is that on my chart during the times you have posted does not line up with my broker and i did check my brokers settings to verfiy. thanks for your help.
  • #14
  • Dec 21, 2008 9:57pm Dec 21, 2008 9:57pm
Quoting Paulus
have a look at this indicator some one please I have put teh big black arrows on the chart.

Does this repaint do we think ???

Paulus
I can't tell, yet, if it repaints, but it needs constant refreshing. It won't show a new dot unless it's refreshed.
  • #15
  • Dec 21, 2008 10:48pm Dec 21, 2008 10:48pm
It repaints, badly.
I sat here and watched it.
  • #16
  • Dec 22, 2008 2:01am Dec 22, 2008 2:01am
yea me to

But like the idea

I will try and contact a programmer who can hopefully look at the code and see why and fix it...of course then it may well be useless

But like the quote below we just keep on trying

Paulus
  • #17
  • Dec 22, 2008 2:05am Dec 22, 2008 2:05am
HI Retal1ator

I like you indicator , can you talk about how do you use it ? what is setting?
  • #18
  • Dec 22, 2008 2:10am Dec 22, 2008 2:10am
Hi Retal

Please post the indicator if its the one I posted it does repaint which means it gives signals in hind sight.

try it on a 1min time frame watch it for 20 mins then switch to a 5 min time frame and back again and see if any arrows appear if they do it almost certainly repaints

If its not the indicator I posted or you have modified it in some way please post.

If you dont know how to post just send any one of us a pvt and well talk you through it... its what I did

Paulus
  • #19
  • Dec 22, 2008 5:42am Dec 22, 2008 5:42am
Quoting Paulus
Hi Retal

Please post the indicator if its the one I posted it does repaint which means it gives signals in hind sight.

try it on a 1min time frame watch it for 20 mins then switch to a 5 min time frame and back again and see if any arrows appear if they do it almost certainly repaints

If its not the indicator I posted or you have modified it in some way please post.

If you dont know how to post just send any one of us a pvt and well talk you through it... its what I did

Paulus
Yes, you're right, it repaints. Now i'm watching charts and i'm trying to find another ways to trade with this indicator.
  • #20
  • Dec 22, 2008 10:58pm Dec 22, 2008 10:58pm
regarding the charts in post 9 and 12--
what are the indicator settings that you are using ?? Thanks.
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