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  • #501
  • Jul 7, 2010 10:01am Jul 7, 2010 10:01am
Syahmi doesn't show a PM address so I'll say here that I hope she comes back to the thread. She is a valuable forum participator. I've followed her posts here and elsewhere for a very long time and have been increasingly impressed with her intelligence, grasp of forex and willingness to share her insights with other traders. Come back, Syahmi!
  • #502
  • Jul 7, 2010 10:15am Jul 7, 2010 10:15am
Quoting gspe
Hi,
just to simplify the chart. You don't need both NonLagMA.ex4 and NonLagMA_v7.1.mq4 they are just the same thing.
You have just to set Color to 1 in NonLagMA_v7.1.mq4 to have the same graphic

gspe
gspe, thank you so very much!

Yes, I made these changes immediately!

P.S. We live and we learn!
  • #503
  • Jul 7, 2010 11:00am Jul 7, 2010 11:00am
When EU-UJ Aligned (moving to the same direction), hit EJ. Especially when the MTF signaling the arrow at the same time.

Another 20 pips is coming... Looks a bit shaky, so I decided 20 pips is enough. This is 1 lots contract.

Attached Image (click to enlarge)
Click to Enlarge Name: PM_07.jpg Size: 178 KB


Now I was wrong..should stay in a bit longer. Sick.. I hate when greed comes to play..
  • #504
  • Jul 7, 2010 11:23am Jul 7, 2010 11:23am
NiceGuy, how much help is your RSI indicator?
  • #505
  • Jul 7, 2010 11:55am Jul 7, 2010 11:55am
Quoting mary4x
NiceGuy, how much help is your RSI indicator?
Not much, I guess.

I mainly use the RSI to spot a divergence and it doesnt have anything to do with any rules in this strategy. Actually, I used to trade with Daily pivots and that RSI only. I'm just kind of get used to see it on my chart.
  • #506
  • Jul 7, 2010 12:12pm Jul 7, 2010 12:12pm
Quoting pgpb
Did that work (downloading from the paperclip?)
If not, save the file, to your desktop, and change where it says save as .php to save as "all files"...when you are saving it....rename it to the name you want, saving it to your desktop....and then drop it into your template files.

In almost every thread I read, somewhere along the thread someone has this trouble.

downloading from the paperclip usually works....and if not....just name the file to the proper name and extension......a bit of a hassle, but it works

PGPB

Thanks for the suggestions PGPB. They came in handy when I was downloading templates and indicators that our friend Fokusnik sent
to me.
  • #507
  • Jul 7, 2010 12:22pm Jul 7, 2010 12:22pm
Quoting Fokusnik
During the last two days I got 3 PMs asking for my current template, so I think I'd better post it here.

NonLagMAv7.1 is not on the chart, but you have to have it in your folder, otherwise MTF won't work properly.

Fokusnik, thank you for your indicators and templates and insights on all
your posts. They lead to great discussion and learning for everybody here.
  • #508
  • Jul 7, 2010 12:28pm Jul 7, 2010 12:28pm
mike22, discussing here the issues we, the traders, can make this system even better!
  • #509
  • Jul 7, 2010 12:36pm Jul 7, 2010 12:36pm
In one of my earlier posts I mentioned that Heikin Ashi belongs to MA family. After that one respected member accused me of not knowing that HA is not a version of MA.
So, I would like to clarify the matter.

1. What is MA? - It is the average of close, open, high, low, high+low, high+low+close prices of a number of bars.

2. What is Heikin Ashi? - It is calculated as:

 

  1. xClose = (Open+High+Low+Close)/4
    o Average price of the current bar
  2. xOpen = [xOpen(Previous Bar) + Close(Previous Bar)]/2
    o Midpoint of the previous bar
  3. xHigh = Max(High, xOpen, xClose)
    o Highest value in the set
  4. xLow = Min(Low, xOpen, xClose)
    o Lowest value in the set

So, it is not needed to have a Doctor degree in math nor 50+ years of trading experience to identify that MA and HA are very close relatives, i.e they belong to the same family.

  • #510
  • Jul 7, 2010 12:49pm Jul 7, 2010 12:49pm
Quoting Indrek
In one of my earlier posts I mentioned that Heikin Ashi belongs to MA family. After that one respected member accused me of not knowing that HA is not a version of MA.
So, I would like to clarify the matter.

1. What is MA? - It is the average of close, open, high, low, high+low, high+low+close prices of a number of bars.

2. What is Heikin Ashi? - It is calculated as:[list][*]xClose = (Open+High+Low+Close)/4
o Average price of the current bar[*]xOpen = [xOpen(Previous Bar) + Close(Previous Bar)]/2
o Midpoint of the previous bar[*]xHigh...

Ouch, first you hurt her feelings when you knocked her down (figuratively), now you kick her when shes down.

Indrek, how about taking this approach, if it works for her then great, she should use it, just the same way that if more indicators works for someone then so be it.... whatever works for any individual trader to make some positive pips.

There is an old saying that goes, "it is better to understand, than to be understood"

Live and let live.

I for one think that all of her posts were pretty much near brilliant and
tremendously informative.

I don't know much about HA but if it can show the end of a trend, which seems how she uses it,
any quicker than a moving average than why not use it? We all know how long it takes moving
averages to roll over because a trand has changed direction.
then why not use.
  • #511
  • Edited 1:27pm Jul 7, 2010 1:03pm | Edited 1:27pm
Quoting mike22
Ouch, first you hurt her feelings when you knocked her down (figuratively), now you kick her when shes down.

Indrek, how about taking this approach, if it works for her then great, she should use it, just the same way that if more indicators works for someone then so be it.... whatever works for any individual trader to make some positive pips.

There is an old saying that goes, "it is better to understand, than to be understood"

Live and let live.

I for one think that all of her posts were pretty much near brilliant and
tremendously...
Oh, I just wanted to clarify what is Heikin Ashi. To become successful, it is important to have truthful information. That is what I tried to provide in my previous post.
I never meant to offend Syahmi, and I never had anything against her. She has her own way of trading and I have mine. Both have full right to express our ideas.
It is not about feelings here. Trading is just a business, a tough one, by the way. You cannot expect that any professional trader reveals his system to any person, and certainly not in a public forum. Neither do I. But I am always ready to share ideas and certain elements that are necessary to build up a good system.
  • #512
  • Jul 7, 2010 1:09pm Jul 7, 2010 1:09pm
"I for one think that all of her posts were pretty much near brilliant and
tremendously informative."

Thanks for your post, Mike. It looks like we've lost a good member.
  • #513
  • Edited 1:31pm Jul 7, 2010 1:11pm | Edited 1:31pm
Anyone else trading long EU and EY right now? It may be a beginning of a longer trend. And of course, it may not
  • #514
  • Jul 7, 2010 2:15pm Jul 7, 2010 2:15pm
Indrek, I want to use the ATR indicator you posted at #493. Is the ATR6 the green line and the ATR 1440 the red one? Do I leave "time frames" at zero? Also, does it matter where in the indicator box the two lines are located, as long as the ATR6 is above the ATR1440 to enter a trade? (Hope I don't have them reversed.) Thanks.
  • #515
  • Jul 7, 2010 2:17pm Jul 7, 2010 2:17pm
Leave so many flattery, who wants to go away, that him is OK. Only he takes offence, the one who wants to take offence. Let's do trading, where the prides are excluded.

I am trading in TF H1 with excellent results.

HA is really a great help. I give Thanks to Iamnoel for his strategy and to Fokusnick for his contributions.

Escuse me my English, I use Translator.

Ducke
Attached Image (click to enlarge)
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  • #516
  • Jul 7, 2010 2:26pm Jul 7, 2010 2:26pm
Quoting mary4x
Indrek, I want to use the ATR indicator you posted at #493. Is the ATR6 the green line and the ATR 1440 the red one? Do I leave "time frames" at zero? Also, does it matter where in the indicator box the two lines are located, as long as the ATR6 is above the ATR1440 to enter a trade? (Hope I don't have them reversed.) Thanks.
Timeframe 0 means current timeframe. If you want to use it for m5 ATR then the setting should be 5.
You are right, my green is 6 and red is 1440. It is just symbolic - green above means green light for trades
When you drag two ATR indicators to the same box then I suggest to fix equal minimal and maximal values for both. Then they are fixed towards each other when you scroll the chart back and forward.
When you open the settings, go to "General" tab. I attach a picture to show how I have set it for EU. For Yen pairs you have to use different values as there are only two decimal places.
Attached Image
  • #517
  • Edited 3:23pm Jul 7, 2010 3:10pm | Edited 3:23pm
Thanks, Indrek. Another question: On the longer period ATR indicator, for "periods" do I ener 36 or 1440?
  • #518
  • Jul 7, 2010 6:50pm Jul 7, 2010 6:50pm
Quoting Indrek
In this case I post a picture to illustrate how I use it. I have ATR 6 and ATR 1440. This means that I compare the average range of m5 bars during last 30 minutes to the range of m5 bars during last 5 days.
If green line is above - trade. If red above - no trade.
I noticed in the chart you posted here - http://www.forexfactory.com/showpost...&postcount=493, you are in m15 timeframe, but you set up your MTF-ATR in 5m timeframe?

Am I right in this observation? Any reason why? I noticed GREEN (6) always seems to be on top of RED (1440) in GBPJPY pair with that kind of setup?

Thanks!
  • #519
  • Jul 8, 2010 1:58am Jul 8, 2010 1:58am
Quoting mary4x
Thanks, Indrek. Another question: On the longer period ATR indicator, for "periods" do I ener 36 or 1440?
It is up to you. If you use 6 and 36 then you compare the volatility of last 30 minutes and 3 hours. If 6 and 1440 - last 30 minutes and last 5 days. Both work.
  • #520
  • Jul 8, 2010 2:02am Jul 8, 2010 2:02am
Quoting iamnoel
I noticed in the chart you posted here - http://www.forexfactory.com/showpost...&postcount=493, you are in m15 timeframe, but you set up your MTF-ATR in 5m timeframe?

Am I right in this observation? Any reason why? I noticed GREEN (6) always seems to be on top of RED (1440) in GBPJPY pair with that kind of setup?

Thanks!
The reason is that comparing the current ATR on m15 chart would be very much lagging as the market situation changes too quickly.
ATR6 on m15 means 6*15=90 minutes. It is too much, during that time the situation could change more than once.

And no - green is not always above with GY. You have to set the minimal and maximal value to see the lines properly.
Attached picture shows the current situation for GY - market just starting to move.
Attached Image (click to enlarge)
Click to Enlarge Name: gy.gif Size: 30 KB
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