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The CARMEN System Indicator

  • #1,061
  • Jan 10, 2010 10:08am Jan 10, 2010 10:08am
here are some more step indicators that I have found..

P
Attached File(s)
File Type: mq4 HistoStepSto_v1.mq4   7 KB | 704 downloads
File Type: mq4 MT4-LevelStop-Reverse-vB0-4_Alert_mtf.mq4   15 KB | 787 downloads
File Type: mq4 Nina_StepMA_1.mq4   7 KB | 699 downloads
File Type: mq4 StepMA_v7.2.mq4   8 KB | 814 downloads
File Type: mq4 StepSto_v2.mq4   6 KB | 708 downloads
File Type: mq4 StepMA_v6.2.mq4   4 KB | 755 downloads
  • #1,062
  • Jan 10, 2010 3:56pm Jan 10, 2010 3:56pm
Quoting Paulus
here are some more step indicators that I have found..

P
hello paulus,
you did ask one time how carmen work? Have you found out? Is carmen consider fibonacci in changing its position?

i have found that trend magic work well on 30m and 1H time frame to be considered as step ma and its move with the price.
  • #1,063
  • Jan 10, 2010 4:22pm Jan 10, 2010 4:22pm
Quoting Jaula
No, I'm talking about the actual EA.

Does the indicator (v3.1) have to be working fully for us to make the EA? If so, the coders i posted to will have to fix it first before making the EA.
Hi Jaula

Quoting swnke2
There's no problem writing a fully working EA providing that the indicator is working fine, which it isn't. If someone is able to get the indicator working properly, then I'll be able to complete the EA.

Cheers,
swnke2.
First of all I do like to work on carmen V3.1 and use it with cross of ema 5 with the blue line only cause with this version I open less trades and its seem easier in rules than V4.1.

If carmen v3.1 become EA will be good for taking entries but to be with manual TP or for TP limits, if you leave it to close with next cross with the carmen line again may not show that much profits in long term of EA back-test

(see picture C1)
in ranging market carmen lines not moving up and down with the price that make the EA not profitable with back test!

in (Picture C2) if carmen lines move with the price will show more profits.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: c1.png Size: 25 KB
Click to Enlarge Name: c2.png Size: 29 KB
  • #1,064
  • Jan 10, 2010 8:32pm Jan 10, 2010 8:32pm
so it sounds like carmen 4.0 does not work. Too bad because I like the alert/text feacher.

So why don't we drop it and go with a different stepMA and add alerts.
If it test out good on 1 min an EA can come later.
  • #1,065
  • Jan 10, 2010 10:19pm Jan 10, 2010 10:19pm
Quoting maanawi
hello paulus,
you did ask one time how carmen work? Have you found out? Is carmen consider fibonacci in changing its position?

i have found that trend magic work well on 30m and 1H time frame to be considered as step ma and its move with the price.
The trend magic looks like nothing but 50 period CCI which moves above and below the zero line. So the colour changes on move above and below on the trend magic indicator. The stepma 3D which paulus had posted before looks so good with less wipsaws, alert may be added on the green line moving out of the bands.
Attached Image (click to enlarge)
Click to Enlarge Name: silver.gif Size: 36 KB
Nobody ever went broke taking profits.
  • #1,066
  • Edited 11:19pm Jan 10, 2010 10:53pm | Edited 11:19pm
Quoting Paulus
here are some more step indicators that I have found..

P
Thank you paulus for posting the code and indicators.You have been a big contributer in FF with great ideas. Would like to bring to attention of everyone on mainly 2 indicators MT4-LevelStop-Reverse and Stepma D3. The first indicator is having alerts and does work well in any time frame. The second indicator does so good with the trend and removes most of the wipsaws, only there has to be an alert on the green line close above and below the bands.
Nobody ever went broke taking profits.
  • #1,067
  • Jan 11, 2010 2:07pm Jan 11, 2010 2:07pm
I have had some requests for the source codes. Good luck guys but I am moving on to bigger and better things.
Attached File(s)
File Type: mq4 carmens_eyes_v4.01.mq4   11 KB | 1,264 downloads
File Type: mq4 carmens_eyes_v1.03.mq4   3 KB | 684 downloads
File Type: mq4 carmens_eyes_v2.01.mq4   7 KB | 700 downloads
File Type: mq4 carmens_eyes_v3.1.mq4   10 KB | 1,144 downloads
File Type: mq4 carmens_eyes_v3.3.mq4   13 KB | 943 downloads
  • #1,068
  • Jan 11, 2010 3:11pm Jan 11, 2010 3:11pm
Quoting aicccia
I have had some requests for the source codes. Good luck guys but I am moving on to bigger and better things.
Hello Aicccia,

will you share with us your updates?
  • #1,069
  • Jan 12, 2010 11:22am Jan 12, 2010 11:22am
Quoting Paulus
Im going to post an indicator here I hope the main guys here dont mind and if you want me to pull it I will but it works on the same principle and you guys may of used it ..its called a stepMA 3D..the nice thing about this ind I have found esp if you want to trade an 'all day ' system.....ie you are always in a position.

The difference with this step ma is that it moves behind price alot quicker and so protects your pips gain..

Friday £$ would of made you around 130 pips

here is the screen shot and ind

paulus
Paulus, what settings are you using on this stepMA
I feel more like I do now than I did a little while ago...
  • #1,070
  • Jan 14, 2010 4:13pm Jan 14, 2010 4:13pm
I have written and EA for this indicator. So far the results are interesting. $$

Ive noticed repaint after several days - blue and yellow line. Also repaint on red line. (3.1). Anyone having this issue?
  • #1,071
  • Jan 14, 2010 7:41pm Jan 14, 2010 7:41pm
Quoting crusty
I have written and EA for this indicator. So far the results are interesting. $$

Ive noticed repaint after several days - blue and yellow line. Also repaint on red line. (3.1). Anyone having this issue?
Which pairs and what time frame did you use to get those results?
  • #1,072
  • Jan 14, 2010 8:07pm Jan 14, 2010 8:07pm
using 15min on all

eurusd
usdchf
gbpusd
usdjpy
eurjpy
usdcad

looking for a good index indicator that compiles multi pairs without repaint
  • #1,073
  • Jan 15, 2010 1:05am Jan 15, 2010 1:05am
Quoting crusty
I have written and EA for this indicator. So far the results are interesting. $$

Ive noticed repaint after several days - blue and yellow line. Also repaint on red line. (3.1). Anyone having this issue?
Hi Crusty,

You and me too - see my post on #1047.

Cheers,
Nick.
  • #1,074
  • Jan 15, 2010 1:31am Jan 15, 2010 1:31am
Quoting swnke2
Hi Crusty,

You and me too - see my post on #1047.

Cheers,
Nick.
Hi,

I dont think it does repaint on 5m and bigger time frames, i been watching for 2 days entry on GU and its still at same place.
  • #1,075
  • Jan 15, 2010 2:01am Jan 15, 2010 2:01am
Quoting maanawi
Hello Aicccia,

will you share with us your updates?
I'm now trading using price action and trendlines on 4H and Daily timeframe. So far I'm doing 100x better than I ever did with indicators. I'm really kicking myself for not dropping anything related to mlq sooner.
  • #1,076
  • Jan 15, 2010 2:15am Jan 15, 2010 2:15am
Quoting aicccia
I'm now trading using price action and trendlines on 4H and Daily timeframe. So far I'm doing 100x better than I ever did with indicators. I'm really kicking myself for not dropping anything related to mlq sooner.
Hi aiccia
Thank you for an interesting diversion. I agree with your current strategy However some people will flog a holy grail concept unitl they lose their account. You have been very honest to those who will listen. Perhaps you would be prepared to point some of the hopefulls here To ways of learning what you are currently doing , profitably
" When the ship starts to sink, don't just pray. JUMP "
  • #1,077
  • Jan 15, 2010 2:20am Jan 15, 2010 2:20am
Quoting aicccia
I'm now trading using price action and trendlines on 4H and Daily timeframe. So far I'm doing 100x better than I ever did with indicators. I'm really kicking myself for not dropping anything related to mlq sooner.
Hello aicccia,

Good to hear you are doing well and still thank you very much for carmen indys you did.

have a great day
  • #1,078
  • Jan 15, 2010 12:56pm Jan 15, 2010 12:56pm
Quoting maanawi
Hi,

I dont think it does repaint on 5m and bigger time frames, i been watching for 2 days entry on GU and its still at same place.
Sadly it does - I've tried it on several timeframes and the values coming back form the indy are different from those displayed via the lines on the screen. Try selecting different timeframes on the same chart and going back to your original timeframe - not the lines on before/after.

If I could get this working, believe me, I would.

Cheers,
Nick.
  • #1,079
  • Jan 15, 2010 1:50pm Jan 15, 2010 1:50pm
Quoting swnke2
Sadly it does - I've tried it on several timeframes and the values coming back form the indy are different from those displayed via the lines on the screen. Try selecting different timeframes on the same chart and going back to your original timeframe - not the lines on before/after.

If I could get this working, believe me, I would.

Cheers,
Nick.
Hi Nick,

do you mean v3.1 or the new version? cause i look back at posted pictures attached in this thread and found no repaint on carmen v3.1
  • #1,080
  • Jan 15, 2010 5:00pm Jan 15, 2010 5:00pm
Please help,

after download and install of carmen v.4.01 I just see red.

Who can help ???

Many Thanks in advance !!!!
Attached Image (click to enlarge)
Click to Enlarge Name: carmen.gif Size: 19 KB
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