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  • #61
  • Apr 28, 2009 3:15am Apr 28, 2009 3:15am
If you want to know about ranges, then look up ATR and ADR. Then I suggest you look at the results for the past 30 days and do an average. This will give you an approximate value of daily range.

Quoting Rastaman
Anyone know what the daily range limit is for this system?

Probably around 60 pips, I imagine?
  • #62
  • Apr 28, 2009 3:19am Apr 28, 2009 3:19am
I don't know why you are finding this so difficult...

Use the indicator I attached in a previous post....

Set the offset to the difference of your current broker server time and your current local time. Set the start to 8am and the end to 4pm (assuming Tokyo starts at 8am and ends at 4pm). That is it...

Quoting Rastaman

Does, this mean, that you are also residing in Japan?

If so, please let me know what settings you are using as, I still am not sure this thing is setup correctly.

Thanks in advance
  • #63
  • Apr 28, 2009 3:30am Apr 28, 2009 3:30am
I tried setting it but it was giving conflicting boxes to the other indi, no matter what settings I used.

Also, why are you jumping on my back about using this indicator and not the back of others who are also OBVIOUSLY using it?
Starting to see instead of just looking.
  • #64
  • Apr 28, 2009 3:33am Apr 28, 2009 3:33am
Remove the LFR indicator... Use the Andee indicator... Set the settings that I gave earlier.

Where is the problem?

IF you insist on using the LFR, then you need to ignore the TRADE/NO TRADE signal as that was specific to LFR which is known to be OVERLY cautious and used in conjunction with another useless indicator. The only settings for the LFR that you need are the TOKYO START and FINISH. Just offset your broker time against this.

Quoting Rastaman
I tried setting it but it was giving conflicting boxes to the other indi, no matter what settings I used.

Also, why are you jumping on my back about using this indicator and not the back of others who are also OBVIOUSLY using it?
  • #65
  • Apr 28, 2009 3:36am Apr 28, 2009 3:36am
I don't know what the problem is as I don't have one.

You seem to be the one with the problem here.
Starting to see instead of just looking.
  • #66
  • Apr 28, 2009 3:42am Apr 28, 2009 3:42am
Ok, I would love to use the indi you posted, it is a much better indi and looks much cooler. If it will adjust, I will gladly use it and be grateful.
Starting to see instead of just looking.
  • #67
  • Apr 28, 2009 3:49am Apr 28, 2009 3:49am
Rather than clogging up this thread, PM me and I will assist you with the correct settings...

Quoting Rastaman
Ok, I would love to use the indi you posted, it is a much better indi and looks much cooler. If it will adjust, I will gladly use it and be grateful.
  • #68
  • Apr 28, 2009 4:39am Apr 28, 2009 4:39am
Quoting wvehoven
Great job piper, but which fib level did you use as your tp?
Hi Wvehoven,

I did the backtest as per rules stated by Paulus on the first post.

I set my fib tool to only show levels 0, 50 and 100.

For a short trade I start to draw the fibs from the top of the asian session range. I extend the tool until the 50% retracement line coincides with the low of the range session minus 10 pips. At this point the drawing of the fib levels is complete.

Then I use the 50% level as entry, the 100% level as stop loss and 0% level as Tp.

Have a look at the picture attached.

For a long I draw the fib from the low to top+10 pips (we should add the spread also) of the range of the asian session. Entry, SL and TP are the same levels as stated above.

Hope this makes it clear.
Attached Image (click to enlarge)
Click to Enlarge Name: paulus system.gif Size: 29 KB
Stay on the PIPest side of life!
  • #69
  • Apr 28, 2009 8:02am Apr 28, 2009 8:02am
Can someone attach Fibo Levels indicator please?

This is indicator based on one posted in first post, but cleaned up, no messages on chart and no needed EA settings removed.
Attached File(s)
File Type: ex4 LondonForexRush.ex4   21 KB | 1,117 downloads
File Type: tpl my one trade a day.tpl   3 KB | 817 downloads
  • #70
  • Apr 28, 2009 8:16am Apr 28, 2009 8:16am
And as I expected we have almost a mirror image of the move yesterday.

Those double bottoms were a giveaway.

Don't believe the indicator just watch it.
Attached Image
Starting to see instead of just looking.
  • #71
  • Apr 28, 2009 8:17am Apr 28, 2009 8:17am
Quoting thesecret
Can someone attach Fibo Levels indicator please?

This is indicator based on one posted in first post, but cleaned up, no messages on chart and no needed EA settings removed.
The fibo levels are in the MT4 platform toolbar already.
  • #72
  • Edited 8:50am Apr 28, 2009 8:35am | Edited 8:50am
"Do you even know what ADR or ATR is"?

I didn't see the condescending title of that post till now.
After reading it, you can stick your indi up your officious Ass.

You have been bugging me through this thread and I have had enough.
Starting to see instead of just looking.
  • #73
  • Apr 28, 2009 8:46am Apr 28, 2009 8:46am
Quoting PistolDave
The fibo levels are in the MT4 platform toolbar already.
Off course...stupid me...sorry.

Rastaman here u can see market hours in different timezones, choose your broker GMT offset click on GO and u will know when Tokyo opens for your broker.
  • #74
  • Edited 10:38am Apr 28, 2009 9:34am | Edited 10:38am
Quoting thesecret
Off course...stupid me...sorry.

Rastaman here u can see market hours in different timezones, choose your broker GMT offset click on GO and u will know when Tokyo opens for your broker.
I know when Tokyo opens, I live here.

What I am not sure of is the settings in the program, I put in 9 shift and it is not right, I am not sure what time I am supposed to enter for the Tokyo open and close as my broker is on British time, am I supposed to put the Tokyo open in in British time?

I am doing this the reverse of you guys.



SOLVED THANKS TO LOU G

Lou G in this thread posted a much better indicator and a template for the Asian session.
http://www.forexfactory.com/showthre...&highlight=box


Easy to configure and has an alert. And last but not least, it does not have his name written on your screen, unlike the self opinionated person in this thread trying to force his frigging indicator down your throat.

Give me a break!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 27 KB
Attached File(s)
File Type: mq4 ##BreakOut_BOX_5_Asian_Session_HLbox_SCREEN_TEXT_indicator.mq4   23 KB | 857 downloads
File Type: tpl -$_asian_high_low_entry_exit_15m_v3 mine.tpl   244 KB | 736 downloads
Starting to see instead of just looking.
  • #75
  • Apr 28, 2009 10:42am Apr 28, 2009 10:42am
If anyone wants my template and indicators for this system, here they are.

The clock is customizable and the MM math lines are handy to spot a reversal.

My template is the London Rush.

Hope this helps someone.
Attached File(s)
File Type: zip London Rush.zip   55 KB | 1,321 downloads
Starting to see instead of just looking.
  • #76
  • Edited 11:11am Apr 28, 2009 10:45am | Edited 11:11am
Yes... Quite...

For the many numerous PM's that I have had with regards to this, and to save me copy and pasting numerous times, here is the time offsetting again, regardless of whether or not you use my (sic) officious Ass indicator that was posted earlier or the LFR indicator posted by Paulus:

First, get the difference between your MT4 server time and your current local time.

I use Alpari UK who are 1 hour ahead of London time (London is GMT+0 time).

Tokyo starts at Midnight London (GMT) time and ends at 8am GMT time

In my case I offset GMT by 1, so in the LFR indicator I put in 01:00 as the start and 09:00 as the end.

If I use the Ant-GU indicator (coded by ANDEE, and not by me...) then I put 1 in the GMT shift and set the start as 00:00 and end as 08:00.

In Rastaman's case, all he needs to put in the LFR indicator is 8 as the start and 4 as the end. If he uses the Ant-GU indicator, he uses 9 as the GMT offset and 00:00 as the start and 08:00 as the end. (This is assuming that his MT4 time and current local time are already in sync)

Rastaman, if you post questions, expect an answer...


Quoting Rastaman
"Do you even know what ADR or ATR is"?

I didn't see the condescending title of that post till now.
After reading it, you can stick your indi up your officious Ass.

You have been bugging me through this thread and I have had enough.
  • #77
  • Apr 28, 2009 10:53am Apr 28, 2009 10:53am
Quoting Rastaman
"Do you even know what ADR or ATR is"?

I didn't see the condescending title of that post till now.
After reading it, you can stick your indi up your officious Ass.

You have been bugging me through this thread and I have had enough.
I don't understand how the moderators of FF allow this kind of language and atitude!!!!!
You should be banned!
Stay on the PIPest side of life!
  • #78
  • Apr 28, 2009 11:50am Apr 28, 2009 11:50am
Well, if this guy had not been constantly on MY back about this indicator that other people are using and was posted in this thread for all to use, the problem would not have occurred, now would it.

Who does this guy think he is and why was he constantly on my back about this? That is the question now, isn't it. So, your opinion counts for nothing!
Starting to see instead of just looking.
  • #79
  • Apr 28, 2009 12:06pm Apr 28, 2009 12:06pm
Rastaman,

This will be my last post addressed to you as I do not wish to disrespect Paulus anymore by wasting time on this. My posts were not directed as an attack at you, rather to help you and others, so this speaks to your character.

If you decide to post and ask a question, then accept a civil answer. If you decide to flame instead of accept and use the answer, then at least have your facts straight (It is not MY indicator that I posted, but rather a respected coder on various forums, and probably the best indicator for this type of strategy that I have come across, and I have many of them).

Regardless, do yourself a favour by accepting help, rather than attempting to denegrate those who wish to help...




Quoting Rastaman
Well, if this guy had not been constantly on MY back about this indicator that other people are using and was posted in this thread for all to use, the problem would not have occurred, now would it.

Who does this guy think he is and why was he constantly on my back about this? That is the question now, isn't it. So, your opinion counts for nothing!
  • #80
  • Apr 28, 2009 12:23pm Apr 28, 2009 12:23pm
I found my "old" forgotten Tokyo indicator among all indicators in folder...it simple and nice. If u like it, download it below.

http://i39.tinypic.com/2ahxeds.jpg
Attached File(s)
File Type: ex4 Tokyo.ex4   6 KB | 813 downloads
File Type: tpl londonrush.tpl   33 KB | 675 downloads
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