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ICCE. Bemac's Fib. Reverse Engineered

  • #61
  • Apr 12, 2009 12:28am Apr 12, 2009 12:28am
Thank you very much, Kenmania, for the instructions. Regards

Have a good one
Jeff

Quoting kenmania
Here's a template with the regular MT4 fib tool with ICCE fibs. The other fib is just the default fib tool. All you have to do is change the color on whichever fib you are using and it becomes the default fib for the platform.
~*~You are only one trade away from humility~*~
  • #62
  • Apr 12, 2009 1:17am Apr 12, 2009 1:17am
Quoting jharteam
Thank you very much, Kenmania, for the instructions. Regards

Have a good one
Jeff

You're welcome. You have a good one too.
Is your SL my TP?
  • #63
  • Apr 12, 2009 5:03am Apr 12, 2009 5:03am
Quoting Bemac
Nice to see some Friend Stroking happening but Here's what I am looking at from a Trading Perspective;
USD CAD.Attachment

Just to add a little weight to the scale, I also see this occurring in Gold.
Hello Bemac

I have Bemac ICCE eights1.5. I cannot get those channels like on your chart or any other chart ...How should I set up this indicator to get like rest of you? Do you use different indicator, something else in addition? There are also several templates...Which one would be good to have everything setup all right?

Thank you
The Market pays you to be disciplined
  • #64
  • Apr 12, 2009 5:20am Apr 12, 2009 5:20am
Bemac is using just the MT4 standard fib retracement tool. And Kenmania on post #60 has already provide a template for us how to create ICCE out of a standard MT4 fib retracement tool. What you saw on Bemac's jpgs is not an 'indicator', just a standard MT4 fib retracement tool being setup in the fashion of ICCE.

Have a good one
Jeff

Quoting mima
Hello Bemac

I have Bemac ICCE eights1.5. I cannot get those channels like on your chart or any other chart ...How should I set up this indicator to get like rest of you? Do you use different indicator, something else in addition? There are also several templates...Which one would be good to have everything setup all right?

Thank you
~*~You are only one trade away from humility~*~
  • #65
  • Apr 12, 2009 6:07am Apr 12, 2009 6:07am
Hi:

Why is it that the ICCE's Top and Bottom's range changed when every time I close MT4 and open it? Seems that all the versions have this problem of off the chosen range whenever MT4 is re-open again.

Have a good one
Jeff
~*~You are only one trade away from humility~*~
  • #66
  • Apr 12, 2009 6:08am Apr 12, 2009 6:08am
Got cha...Thanks, Kenmania

Quoting kenmania
Yes you are right! Sorry, I should have explained that. I'm going to go back and edit my post. Thank you.

EDIT: I've re-done the ICCE fib template. The previous one had another fib on it that is NOT ICCE so to avoid confusion I've cleaned the template up. I suggest anyone who downloaded that one before now (look at the time of this edit) that you re-download the one I'm posting here, labeled "fib template eurusd". Open it on a EURUSD chart. You will find the Fib tool in RED with the 52.78 level @ 1.3582 on April 6th and the...
~*~You are only one trade away from humility~*~
  • #67
  • Apr 12, 2009 6:23am Apr 12, 2009 6:23am
Quoting jharteam
Got cha...Thanks, Kenmania
You're welcome.

Thanks to kihl who came up with the values to load into the fib tool. If you'd like you can manually place the values in the tool, here's the post where kihl explains it.

Two more levels (14.60% & 85.40%) were added to the tool after that post per Bemac's request and the explanation for adding them is HERE.
Is your SL my TP?
  • #68
  • Apr 12, 2009 6:33am Apr 12, 2009 6:33am
Yes, noted. This 'standard' MT4 fib tool will operate exactly what the ICCE indicator does now. Thanks.

Have a good one
Jeff

Quoting kenmania
You're welcome.

Thanks to kihl who came up with the values to load into the fib tool. If you'd like you can manually place the values in the tool, here's the post where kihl explains it.

Two more levels (14.60% & 85.40%) were added to the tool after that post per Bemac's request and the explanation for adding them is HERE.
~*~You are only one trade away from humility~*~
  • #69
  • Apr 12, 2009 6:33am Apr 12, 2009 6:33am
post #7

Quoting Bemac
Now THAT'S interesting: Check out the new Channel being formed in EUR/USD on the 15 Min TF.

This is EXACTLY what I look for.
Hello Bemac,
I cannot get channel like in your chart using indicator that you are refering to. Can you help please how to set it up...I am in NY EST time zone. Broker is IBFX and they start trading at 6pm EST and their day start/end at 00GMT...

I dont know what I am doing wrong just doesnt come up right at all...

Thank you
The Market pays you to be disciplined
  • #70
  • Apr 12, 2009 6:38am Apr 12, 2009 6:38am
Quoting mima
post #7



Hello Bemac,
I cannot get channel like in your chart using indicator that you are refering to. Can you help please how to set it up...I am in NY EST time zone. Broker is IBFX and they start trading at 6pm EST and their day start/end at 00GMT...

I dont know what I am doing wrong just doesnt come up right at all...

Thank you
Try opening the indicator and putting in the values from Bemac's chart, 1.3169 and 1.3150 in the top two fields, respectively. That should get you pretty close.
Is your SL my TP?
  • #71
  • Apr 12, 2009 6:43am Apr 12, 2009 6:43am
Mima:

Right click, go to 'indicator list' and open up Bemac's ICCE indicator, you will be able to see the first and second fields; that's where you input your desired range for ICCE. If leaving it to 0 on both, nothing will show up on your chart. Alternatively, click on the two yellow lines (I believe it's yellow in color....) then input the two values of the Eur/Usd Kenmania depicted.

Jeff

Quoting kenmania
Try opening the indicator and putting in the values from Bemac's chart, 1.3169 and 1.3150 in the top two fields, respectively. That should get you pretty close.
~*~You are only one trade away from humility~*~
  • #72
  • Apr 12, 2009 7:09am Apr 12, 2009 7:09am
Quoting kenmania
You're welcome.

Thanks to kihl who came up with the values to load into the fib tool. If you'd like you can manually place the values in the tool, here's the post where kihl explains it.

Two more levels (14.60% & 85.40%) were added to the tool after that post per Bemac's request and the explanation for adding them is HERE.
The problem is that when we enter these levels in the tool they will be saved and whenever we want to plot normal fib levels these levels come up instead, is there any way to address this problem?
Regards
  • #73
  • Apr 12, 2009 7:24am Apr 12, 2009 7:24am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting howard
The problem is that when we enter these levels in the tool they will be saved and whenever we want to plot normal fib levels these levels come up instead, is there any way to address this problem?
there are 2 options here
1. load the ICCE indicator file ( i expect a more flexible version is in the making that will work more like the fib tool - but we have to wait)
2. setup the ICCE fib lines, then open another fib set and reset to defaults, you will then have a version of each on your chart, anytime you wish to add either version to a new chart simply adjust a colour in the required version and then the mt4 fib setting will match the last adjusted version.

hope this makes sense and helps

MPP
  • #74
  • Edited 7:45am Apr 12, 2009 7:40am | Edited 7:45am
Quoting howard
The problem is that when we enter these levels in the tool they will be saved and whenever we want to plot normal fib levels these levels come up instead, is there any way to address this problem?
It is true that the indicator will revert to your initial settings if you change the timeframe, but once the indicator is on the chart you can drag the yellow lines (47% %53%) wherever you need them, which isn't so hard.

Yeah, maybe a pain if you want to go to different TF's on the same chart. Maybe like MPP says someone will work on it in the future. Maybe someday when I grow up to be a coder...
Is your SL my TP?
  • #75
  • Apr 12, 2009 7:44am Apr 12, 2009 7:44am
Quoting MPP
there are 2 options here
1. load the ICCE indicator file ( i expect a more flexible version is in the making that will work more like the fib tool - but we have to wait)
2. setup the ICCE fib lines, then open another fib set and reset to defaults, you will then have a version of each on your chart, anytime you wish to add either version to a new chart simply adjust a colour in the required version and then the mt4 fib setting will match the last adjusted version.

hope this makes sense and helps

MPP
Or input the normal fib levels inside of the TOP and BOT range as you can see on the pictures.

Any talks related to fib indicators or tools should be on the other thread. This is the Trading Thread.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1europound.gif Size: 12 KB
Click to Enlarge Name: 2europound.gif Size: 12 KB
  • #76
  • Apr 12, 2009 8:17am Apr 12, 2009 8:17am
Quoting MPP
there are 2 options here
1. load the ICCE indicator file ( i expect a more flexible version is in the making that will work more like the fib tool - but we have to wait)
2. setup the ICCE fib lines, then open another fib set and reset to defaults, you will then have a version of each on your chart, anytime you wish to add either version to a new chart simply adjust a colour in the required version and then the mt4 fib setting will match the last adjusted version.

hope this makes sense and helps

MPP
Thanks for the explanation

The best way would be for an advanced indicator from the expert coders which can be used like a standard fib tool but for now the 2nd option is great
Regards
  • #77
  • Apr 12, 2009 8:19am Apr 12, 2009 8:19am
Quoting kenmania
It is true that the indicator will revert to your initial settings if you change the timeframe, but once the indicator is on the chart you can drag the yellow lines (47% %53%) wherever you need them, which isn't so hard.

Yeah, maybe a pain if you want to go to different TF's on the same chart. Maybe like MPP says someone will work on it in the future. Maybe someday when I grow up to be a coder...
Thanks a lot and wishing you all the best
Regards
  • #78
  • Apr 12, 2009 8:30am Apr 12, 2009 8:30am
Quoting jharteam
Hi Scrutch:

Which ICCE version you are using please?

Thanks.
Have a good one
Jeff
Hey Jeff,
I posted a reply on the indi code forum...gota run for now, back early next week.

Cheers
Listen to the whispers.... You may learn something
  • #79
  • Apr 12, 2009 8:57am Apr 12, 2009 8:57am
You're right kihl, the whole previous page should be on the other thread. Sorry for the digression. Okay, down to business.

One chart. This is 5 min. eurusd, however it is overlaid on a gbpusd chart (gbp candles are hidden). The thing that amazes me is that ICCE was plotted against gbpusd channel on the 1 hour chart.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdongbp.gif Size: 16 KB
Is your SL my TP?
  • #80
  • Apr 12, 2009 9:34am Apr 12, 2009 9:34am
Same chart. 5 minute but with GBP candles shown (red & blue) and scrolled back to identify the ICCE channel I used (brown rectangles). This is an example of one pair's past indicating another pair's future. Neat-O.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpiccechannel.gif Size: 28 KB
Is your SL my TP?
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