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Another simple system

  • #221
  • Jun 17, 2010 9:02am Jun 17, 2010 9:02am
I don't see the preceding bar as a bull

I'm I wrong?

I thought you had to wait for the change although you caught a nice one there
  • #222
  • Jun 17, 2010 9:34am Jun 17, 2010 9:34am
Quoting ES Trader
did anyone take this trade on usdjpy. Last bar was Bear bar.short 91.05
I am in the EURJPY one. USDJPY didn't seem to have changed the bull/bear bias, did it? It was already bear. Any particular thought that made you jump into this trade?
  • #223
  • Jun 17, 2010 1:44pm Jun 17, 2010 1:44pm
Only whith bears and bulls
Attached Image (click to enlarge)
Click to Enlarge Name: SIMPLE.jpg Size: 188 KB
Attached File(s)
File Type: tpl toros y osos.tpl   2 KB | 415 downloads
File Type: ex4 Bear_Bulls_Power.ex4   2 KB | 526 downloads
File Type: mq4 BullsBearsEyes.mq4   3 KB | 546 downloads
File Type: mq4 bulls_bears_Alerts.mq4   3 KB | 570 downloads
IH - B221 Return Today: -0.2%
  • #224
  • Jun 17, 2010 6:01pm Jun 17, 2010 6:01pm
Quoting Fx Optimist
You're welcome.

Just as an aside, out of interest I modified the arrows indicator to display an arrow if (Bulls>0 && Bears>0) for buy and (Bulls<0 && Bears<0) for sells. It looks quite good. But I don't want to distract from the thread.

^ Chris ^
I just found out that Arrows on your indicator seem to come BEFORE the bar is closed.
I need to have it come AFTER BAR is closed and confirm that bear /Bull number has changed.
Thanks
  • #225
  • Jun 17, 2010 6:15pm Jun 17, 2010 6:15pm
Quoting ES Trader
Thanks. But can you please explain what are these. Are they different from any of the already existing indicator. Do u also have an EA here.

I have found indicators in some forums. alarm indicator is in the same place but I changed the name for ease of use.

The idea of how to use is:

Buy: Wait alarm, confirming that the line this up from 0, can be 0.25 to 0.50, this line should be in the direction upwards.

Sell: Wait alarm, confirming that the line this fall from level 1, can be 0.75 to 0.50, this line should be in the direction down.

This is just an idea, I am no expert. I'm trying to learn the art of trading in forex.

Thanks ES
IH - B221 Return Today: -0.2%
  • #226
  • Jun 17, 2010 6:30pm Jun 17, 2010 6:30pm
Quoting Vicente
I have found indicators in some forums. alarm indicator is in the same place but I changed the name for ease of use.

The idea of how to use is:

Buy: Wait alarm, confirming that the line this up from 0, can be 0.25 to 0.50, this line should be in the direction upwards.

Sell: Wait alarm, confirming that the line this fall from level 1, can be 0.75 to 0.50, this line should be in the direction down.

This is just an idea, I am no expert. I'm trying to learn the art of trading in forex.

Thanks ES
Thanks Vicente. Appreciate your input. When I download template It does not look like the chart you have shown,. Not sure why.
  • #227
  • Jun 17, 2010 7:20pm Jun 17, 2010 7:20pm
Quoting ES Trader
Thanks Vicente. Appreciate your input. When I download template It does not look like the chart you have shown,. Not sure why.
OK. UNA VEZ MAS
Attached File(s)
File Type: tpl toros y osos.tpl   2 KB | 397 downloads
IH - B221 Return Today: -0.2%
  • #228
  • Jun 17, 2010 7:52pm Jun 17, 2010 7:52pm
Quoting Vicente
OK. UNA VEZ MAS
Thanks. Now it works
  • #229
  • Jun 18, 2010 5:16am Jun 18, 2010 5:16am
Anyone made the sell entry on the GBP/USD 15mins ago?

Short @ 1.48229
  • #230
  • Jun 18, 2010 5:48am Jun 18, 2010 5:48am
short 4819 gu
  • #231
  • Jun 18, 2010 5:55am Jun 18, 2010 5:55am
can some one create MTF for the above BULLBEAR HElper, say 30min,1,4,hr and daily.
May be have an arrow when all are in the same direction
Thanks'

Maybe Vicente or FX Optimist can help
  • #232
  • Jun 18, 2010 5:58am Jun 18, 2010 5:58am
Hi ES,

Any luck with the EA? I have always engaged the service of a programmer to write an EA for me.

Over the past 2 months, i've already gotten them to write 2 EAs for me.

Do PM me, we may be able to come up with something, i'm still a junior member and can't PM...not sure when i'll be upgraded to be a registered member....
  • #233
  • Jun 18, 2010 6:00am Jun 18, 2010 6:00am
ES,

No problem - the attached (new) version takes the closed bar, so it will now alert at the open of the new bar and not during the formation of the current bar. Should do what you want now

^ Chris ^

Quoting ES Trader
I just found out that Arrows on your indicator seem to come BEFORE the bar is closed.
I need to have it come AFTER BAR is closed and confirm that bear /Bull number has changed.
Thanks
Attached File(s)
File Type: mq4 _arrows bulls_bears_Alerts.mq4   3 KB | 503 downloads
  • #234
  • Jun 18, 2010 9:26am Jun 18, 2010 9:26am
Quoting Fx Optimist
ES,

No problem - the attached (new) version takes the closed bar, so it will now alert at the open of the new bar and not during the formation of the current bar. Should do what you want now

^ Chris ^
Thanks very much. Really appreciate your help. Did you check out another request above, possibly consider MTF Indicator for this system

Thanks Again
  • #235
  • Jun 18, 2010 9:37am Jun 18, 2010 9:37am
Quoting jjteo
Hi ES,

Any luck with the EA? I have always engaged the service of a programmer to write an EA for me.

Over the past 2 months, i've already gotten them to write 2 EAs for me.

Do PM me, we may be able to come up with something, i'm still a junior member and can't PM...not sure when i'll be upgraded to be a registered member....
Thanks for your input. I do believe EA would really help,, since many real good signals seem to come around Asian session when many in US are sleeping.

Some of the really great programmers on this forum like Ronald Raygun and others do not believe this system can be programmed into an EA.

May be some one can suggest some changes to the system without changing basic concept , may be we can get an EA.

Thanks
  • #236
  • Jun 18, 2010 9:44am Jun 18, 2010 9:44am
Quoting ES Trader
Thanks for your input. I do believe EA would really help,, since many real good signals seem to come around Asian session when many in US are sleeping.

Some of the really great programmers on this forum like Ronald Raygun and others do not believe this system can be programmed into an EA.

May be some one can suggest some changes to the system without changing basic concept , may be we can get an EA.

Thanks
Indeed, i'm actually in Asia, so with an EA, likewise, entries can be made while we are asleep.

I saw Ronald mentioned that there's an issue with your SL, i actually have 2 suggestions for that -

1. SL can be pre-set by the user, for example 40pips or 50pips, etc

or

2. SL can be determined by the EA, take the lowest (for a Long Position) point from the last 2 candlestick or the highest (for a Short Position) point from the last 2 candlestick.

Jay
  • #237
  • Jun 18, 2010 10:59am Jun 18, 2010 10:59am
Quoting jjteo
Indeed, i'm actually in Asia, so with an EA, likewise, entries can be made while we are asleep.

I saw Ronald mentioned that there's an issue with your SL, i actually have 2 suggestions for that -

1. SL can be pre-set by the user, for example 40pips or 50pips, etc

or

2. SL can be determined by the EA, take the lowest (for a Long Position) point from the last 2 candlestick or the highest (for a Short Position) point from the last 2 candlestick.

Jay
Sound fine with me. If Ea can be created by incorporating these parameters you mentioned it is fine. Hope he (Ron) can look into this
Thanks
  • #238
  • Jun 18, 2010 11:17am Jun 18, 2010 11:17am
yes...definitely. let's hope he'll read the post and could do something abt it.

i'm all excited abt it. i'll be more than happy to help with parameter settings if needed.

afterall, i had experience with talking to a programmer to write an EA.
  • #239
  • Jun 18, 2010 11:28am Jun 18, 2010 11:28am
Quoting jjteo
yes...definitely. let's hope he'll read the post and could do something abt it.

i'm all excited abt it. i'll be more than happy to help with parameter settings if needed.

afterall, i had experience with talking to a programmer to write an EA.
Lets hope Ron or someone else will look into it. Eventhough initailly I thought 1hr chart was better , I have found higher time frame like 4 hr seem to make even more pips. I also have been using Damiani filter to avoid trading during ranging or Non Trending time .
  • #240
  • Jun 18, 2010 11:30am Jun 18, 2010 11:30am
Quoting ES Trader
Lets hope Ron or someone else will look into it. Eventhough initailly I thought 1hr chart was better , I have found higher time frame like 4 hr seem to make even more pips. I also have been using Damiani filter to avoid trading during ranging or Non Trending time .
Please enlighten me...what is a Damiani filter? And how it works?
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