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Attachments: H1Scalper System (MTF D1,H1,M5)
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H1Scalper System (MTF D1,H1,M5)

  • #221
  • Edited 5:27pm May 17, 2009 1:25pm | Edited 5:27pm
I updated the DashBoard and the Indicators, because the Hilo conditions was not identical...

We have now for a first signal in DB or a first histogram in oscillator, the condition (for long):
(High[1] > HighAvg[1]) and (Close[0] > HighAvg[0])
.
Attached File(s)
File Type: ex4 H1Scalper DBv3.2.ex4   42 KB | 900 downloads
File Type: ex4 H1Scalper OscD1_v3.ex4   15 KB | 915 downloads
File Type: ex4 H1Scalper DB_EAv3.2.ex4   42 KB | 1,051 downloads
  • #222
  • May 17, 2009 2:26pm May 17, 2009 2:26pm
Really first class work here, SM. I particularly like the idea of simply setting the input for the type of trader you are, scalper or longer term, and having it set it appropriately.

Quoting SwingMan
I updated the DashBoard and the Indicators, because the Hilo conditions was not identical...

We have now for a first signal in DB or a first histogram in oscillator, the condition (for long):
(High[1] > HighAvg[1]) and (Close[0] > HighAvg[0])
.
  • #223
  • May 17, 2009 5:30pm May 17, 2009 5:30pm
I replaced the file "H1Scalper DB_EAv3.2.ex4" in the post #221, because the symbol list was from my tests, and not the default lists.

Please replace this file.

Excuse please...
  • #224
  • May 17, 2009 11:44pm May 17, 2009 11:44pm
Dashboard Inputs: Trading TF=240, and Column_SignalEvaluation_MTF=1.

Q1. What is the SL value based on? LOW 21 MA on H1 chart?
Q2. How is the entry price determined? on H1 chart but how many pips above current price?
Q3.There seems to be many repeats od signal within the hour as realtime. Can we have the feature to come at close of candle or better still xxxmins before close of candle as in previous versions?
(The reason, with email alerts ON too many emails coming for same alert)
Q4. What does[12] refer to on alert near SL value?

Thanks Swingman once again for this system and dashboard.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpchf.gif Size: 63 KB
Click to Enlarge Name: gbpchf_2.gif Size: 54 KB
  • #225
  • May 18, 2009 3:11am May 18, 2009 3:11am
Quoting lrathi
Dashboard Inputs: Trading TF=240, and Column_SignalEvaluation_MTF=1.
Q1. What is the SL value based on? LOW 21 MA on H1 chart?
Yes, the Low of 21 MA from the previous bar.

Q2. How is the entry price determined? on H1 chart but how many pips above current price?
At the time are 0 pips, to better check the figures. If you will, I can add or substract 1 pip.


Q3.There seems to be many repeats od signal within the hour as realtime. Can we have the feature to come at close of candle or better still xxxmins before close of candle as in previous versions?
(The reason, with email alerts ON too many emails coming for same alert)
I tried to fix this repeated alerts. Now we have live prices and can better observe the alerts.

Q4. What does[12] refer to on alert near SL value?
In the alert window, the numbers between brackets are the ranking numbers!
  • #226
  • May 18, 2009 3:47am May 18, 2009 3:47am
UP 85 pips already. Wow!
  • #227
  • May 18, 2009 4:00am May 18, 2009 4:00am
Quoting SwingMan
Q1. What is the SL value based on? LOW 21 MA on H1 chart?
Yes, the Low of 21 MA from the previous bar.

Q2. How is the entry price determined? on H1 chart but how many pips above current price?
[color=blue]At the time are...
Q2. plus 1 pip I think better. Am not sure about others views.

Q3. Look forward to this with LIVE data now.

Q4. Wonderful information too!

Q1. Makes sense now.

Thanks again.

My observation on this trade. Many times [1] appeared and disappeared even after H1 closed candle. Even 2 appeared and stay for some time and disappeared. Few hours later, European open again [1] and now 2 has come again. The trade I opened on first [1] and now up to 85pips (fluctuating on present candle)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf_5.gif Size: 65 KB
  • #228
  • May 18, 2009 4:39am May 18, 2009 4:39am
UPDATE DashBoard version 3.3

- The bug with repeated signals is fixed

- We have now an input parameter: Offset_EntryPoints = 1

For long e.g., the entry in the alert window is then the high of the previous bar + 1 pip.
.
Attached File(s)
File Type: ex4 H1Scalper DB_EAv3.3.ex4   42 KB | 936 downloads
File Type: ex4 H1Scalper DBv3.3.ex4   42 KB | 975 downloads
  • #229
  • May 18, 2009 4:47am May 18, 2009 4:47am
Quoting lrathi
My observation on this trade. Many times [1] appeared and disappeared even after H1 closed candle. Even 2 appeared and stay for some time and disappeared. Few hours later, European open again [1] and now 2 has come again. The trade I opened on first [1] and now up to 85pips (fluctuating on present candle)
The fluctuation of the numbers in the signal column is normal, because in the period of this hour the conditions changed mybe on H1, or on H4, ...
I calculate the current number from the number of the previous closed candle + new fulfilled conditions.
  • #230
  • May 19, 2009 8:31am May 19, 2009 8:31am
From yesterday and today trading.
Current drawdown with three trades open is Approx $30.00

Still experimenting with exit strategy.
Attached Image (click to enlarge)
Click to Enlarge Name: p_l 18th_19th.gif Size: 61 KB
  • #231
  • May 19, 2009 8:38am May 19, 2009 8:38am
Looks good, lrathi. I don't have anything decent for exits yet either.
  • #232
  • May 19, 2009 8:52am May 19, 2009 8:52am
@lRathi

Very good trades, and better than my!

At present I am thereby for the next version to get earlier entry signals.
  • #233
  • May 19, 2009 10:10am May 19, 2009 10:10am
Dashboard still set at H4 trading but changed signals to H4 this time.

Q1. What does the green[1] AUDNZD represent?

So far after [1] or [1] the next number changes to red or green 2 not 1?

Thanks
Attached Image
  • #234
  • May 19, 2009 1:09pm May 19, 2009 1:09pm
hi every one,please i need some help, when i try to attache the h1scalperdb_EA_V3.3 to the chart all i have is a black screen, can some one help me with that please..
  • #235
  • May 19, 2009 1:52pm May 19, 2009 1:52pm
Quoting lrathi
Q1. What does the green[1] AUDNZD represent?

So far after [1] or [1] the next number changes to red or green 2 not 1?
- Everywhere appear a [1] we have all conditions for the signal column fulfilled, and we have an arrow in the first column.
(Your signal column is 2 = H4)

- When the 1 appear without brackets, the first column has not an arrow like AUDNZD in the DashBoard.
  • #236
  • May 19, 2009 1:54pm May 19, 2009 1:54pm
Quoting vilsaint5
hi every one,please i need some help, when i try to attache the h1scalperdb_EA_V3.3 to the chart all i have is a black screen, can some one help me with that please..
Have you saved the file in .../experts, not in .../experts/indicators? This is an EA.
  • #237
  • Edited 11:17pm May 19, 2009 10:59pm | Edited 11:17pm
Quoting SwingMan
- Everywhere appear a [1] we have all conditions for the signal column fulfilled, and we have an arrow in the first column.
(Your signal column is 2 = H4)

- When the 1 appear without brackets, the first column has not an arrow like AUDNZD in the DashBoard.
I understand better now. Thaks Swingman. I was observing the H1 signals on H4 trading.

This morning I re-started my PC and see this image. H4 trading TF and signals from H4.

Q1. So the sequence will be [1] or [1] when H1,H4,D1,W1 all have thick arrows for the first time..... then when there is a retracement on H1 ...the dashboard will give the green or red 1 or 1. What will be next sequence green and red 2 or 2 ? I will have to observe.?

Q2. Is the old memory of sequence remembered? Or everytime we re-start computer or change settings we start memory again?
Attached Image
  • #238
  • May 19, 2009 11:10pm May 19, 2009 11:10pm
Asking others for ideas on their exit strategy?

While the entry and SL values are automatically /mechanically generated... there is a search for a mechanical EXIT strategy.

Possible ones which come to mind are

a) Fib extention/expansion levels or any other valid S&R levels
b) ATR level after trade entered
c) Another HMA level.
d) set number of pips for PT after entry, depending on TF traded.

PRO & CONS:

a) Not always find ideal swing Highs and Lows for fibs
b) Not get the maximum pips from trend for the trade.
c) I favour this one as it is closest to price change with trend.
d) Not get the maximum number of pips from trend for the trade.

Suggestion:

Use the HMA indicator set at an optimised setting for the timeframe traded. Swingman, is it possible to add EXIT @ $xxxx when the colour changes at close of candle to the alert?
  • #239
  • May 19, 2009 11:58pm May 19, 2009 11:58pm
Yes i add it on my expert folder THAT S WHAT I HAVE..
Attached Image (click to enlarge)
Click to Enlarge Name: bbb.gif Size: 20 KB
  • #240
  • May 20, 2009 12:26am May 20, 2009 12:26am
Quoting vilsaint5
Yes i add it on my expert folder THAT S WHAT I HAVE..
I suppose you haven't copied the indicators from the .zip file in the indicators directory.
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