All,
I too have been testing this out a bit over the past week. I have devised and revised my trading template to move this to a single instance of MT4. Here are my tools thus far...
1) Converted the Awesome Oscillator to a MTF indicator and applied 2x on same template. [#HA_T3-1_MTF_Awesome Oscillator.mq4]
2) Applied TrendLord to 30M chart by changing the period multiple...
a) 4hours/30minutes = a multiple of 8
b) current periods of (50) x 8 = 400
Therefore setup Trendlord with 400 periods [TrendLord.ex4]
3) Researched and found that the [W-LNX.ex4] has functionality of Woodies LNX.mq4. Therefore, took the latest revision of Woodies LNX v6 and made mods to suit the color and presentation parameters dictated by the HA T3-1 template provided by tonyb123.[#HA_T3-1_W_LNX.mq4]
4) Modified [ATR in Pips.mq4] to be a MTF indicator. Applied 1.5 multiple to the 4H period to obtain an instant trailing stop PIP value. [#MTF ATR in Pips.mq4]
5) Applied the recent [Multi purpose trade manager Mod by Cacus.mq4] as a position management EA and used the ATR input, updated daily in EA, to manage stop loss. (http://www.forexfactory.com/showthread.php?t=89371)
*Note that there is a [Fractal Support and Resistance.mq4] indicator applied to the chart. My intention is to use the most recent S/R as the trailing stop as a closer replicant of tonyb123's method of trailing the profits. This will require more programming ability than I have.
When the template is applied you should be able to start with the 4H window open and get the HA Trend notifications. Once that has been received, simple change the time frame to 30M and the appropriate indicator should be there not only to signal entries but, to check the AO and TL in the 4H TF as well. Try and see what you all think..
Additionally, I am planning to address the mismatch of the BuySell-TrendLord2 parameters. The indicator looks for the HA, the W-LNX and the TL. This does not follow the outline we received from tonyb123. The trend notification is to be triggered "primarily by the AO and the HA" not the Trend Lord. TL is used to confirm in a sense the aging of the trend. One feature that has not been addressed as of yet is the divergence from the indicated trend. Twice this past week this stung me and I was swallowed by a giant sucking sound as my PIPs disappeared. I'd like to get any inputs as to indicators that current find and can alert us to these divergences, hopefully on the AO as tonyb123 indicated.
Secondly, on the 30M TF, this indicator should look to the HA + W-LNX for primary entries and to the AO for Add-on entries. This will take some doing.
That's all for now. I am trying to teach myself MQ4 programming and find that this is the trading plan with the best potential to be of real value when I am done. What do you think???
RDWatkins
I too have been testing this out a bit over the past week. I have devised and revised my trading template to move this to a single instance of MT4. Here are my tools thus far...
1) Converted the Awesome Oscillator to a MTF indicator and applied 2x on same template. [#HA_T3-1_MTF_Awesome Oscillator.mq4]
2) Applied TrendLord to 30M chart by changing the period multiple...
a) 4hours/30minutes = a multiple of 8
b) current periods of (50) x 8 = 400
Therefore setup Trendlord with 400 periods [TrendLord.ex4]
3) Researched and found that the [W-LNX.ex4] has functionality of Woodies LNX.mq4. Therefore, took the latest revision of Woodies LNX v6 and made mods to suit the color and presentation parameters dictated by the HA T3-1 template provided by tonyb123.[#HA_T3-1_W_LNX.mq4]
4) Modified [ATR in Pips.mq4] to be a MTF indicator. Applied 1.5 multiple to the 4H period to obtain an instant trailing stop PIP value. [#MTF ATR in Pips.mq4]
5) Applied the recent [Multi purpose trade manager Mod by Cacus.mq4] as a position management EA and used the ATR input, updated daily in EA, to manage stop loss. (http://www.forexfactory.com/showthread.php?t=89371)
*Note that there is a [Fractal Support and Resistance.mq4] indicator applied to the chart. My intention is to use the most recent S/R as the trailing stop as a closer replicant of tonyb123's method of trailing the profits. This will require more programming ability than I have.
When the template is applied you should be able to start with the 4H window open and get the HA Trend notifications. Once that has been received, simple change the time frame to 30M and the appropriate indicator should be there not only to signal entries but, to check the AO and TL in the 4H TF as well. Try and see what you all think..
Additionally, I am planning to address the mismatch of the BuySell-TrendLord2 parameters. The indicator looks for the HA, the W-LNX and the TL. This does not follow the outline we received from tonyb123. The trend notification is to be triggered "primarily by the AO and the HA" not the Trend Lord. TL is used to confirm in a sense the aging of the trend. One feature that has not been addressed as of yet is the divergence from the indicated trend. Twice this past week this stung me and I was swallowed by a giant sucking sound as my PIPs disappeared. I'd like to get any inputs as to indicators that current find and can alert us to these divergences, hopefully on the AO as tonyb123 indicated.
Secondly, on the 30M TF, this indicator should look to the HA + W-LNX for primary entries and to the AO for Add-on entries. This will take some doing.
That's all for now. I am trying to teach myself MQ4 programming and find that this is the trading plan with the best potential to be of real value when I am done. What do you think???
RDWatkins
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