1min scalping using mtf ALF by bbolss | Page 26 | Forex Factory

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Attachments: 1min scalping using mtf ALF by bbolss
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1min scalping using mtf ALF by bbolss

  • #501
  • Jul 10, 2010 12:18pm Jul 10, 2010 12:18pm
thanx to uset JUSTME we have now a realy nice indi showing osma and macd from 2 tf on one window
here how it looks on my 5m chart
on m1 also look great !

its realy nice becouse on the web i was unable to find any mtf osma
and this long term osma was not realy mtf it was just close to it

all 3 files must be in indi folder
thanx justme again!

bdw
500 reply in this thread;]
Attached Image (click to enlarge)
Click to Enlarge Name: mtf.jpg Size: 115 KB
Attached File(s)
File Type: ex4 MACD_ColorHist.ex4   4 KB | 650 downloads
File Type: ex4 MACD_histo_2_tf.ex4   4 KB | 654 downloads
File Type: ex4 OsMA_ColorHist_2_tf.ex4   4 KB | 704 downloads
  • #502
  • Jul 10, 2010 1:12pm Jul 10, 2010 1:12pm
hey bbolss,

I want your opinion on an indicator, I've been using a scalping indicator that really helps to determine entries and exits.

Take a look at the image i uploaded, the indicators seems to grab about 80-90% of the trade.

What do you think?

I've attached the indicator if anyone wants to try it out.
Attached Image (click to enlarge)
Click to Enlarge Name: example3.gif Size: 22 KB
Attached File(s)
File Type: mq4 Forex Trend fxfariz.mq4   3 KB | 712 downloads
  • #503
  • Jul 10, 2010 2:54pm Jul 10, 2010 2:54pm
Quoting eurisko
hey bbolss,

I want your opinion on an indicator, I've been using a scalping indicator that really helps to determine entries and exits.

Take a look at the image i uploaded, the indicators seems to grab about 80-90% of the trade.

What do you think?

I've attached the indicator if anyone wants to try it out.
hmm it definitly look nice ! i must check it live thanx!
no repainting etc?
where did you find it?
here is modded version by me with disabled alerts - deafoult alerts was on with no posibility to change it...
i have exam on monday
but on thu will check it
Attached Image (click to enlarge)
Click to Enlarge Name: nice.gif Size: 20 KB
Attached File(s)
File Type: mq4 Forex Trend fxfariz.mq4   3 KB | 968 downloads
  • #504
  • Jul 10, 2010 3:00pm Jul 10, 2010 3:00pm
Forex Trend indi is worthless. It repaints several bars. When indis look great it is because they repaint.
  • #505
  • Jul 10, 2010 3:15pm Jul 10, 2010 3:15pm
Quoting bbolss
hmm it definitly look nice ! i must check it live thanx!
no repainting etc?
where did you find it?
here is modded version by me with disabled alerts - deafoult alerts was on with no posibility to change it...
i have exam on monday
but on thu will check it

As far as I've noticed it doesn't repaint, i could be wrong! but please do test it on a demo first if you want. I found it while using another system, somewhere on ff. I will also test it a bit and let you know what I found.
  • #506
  • Jul 10, 2010 3:22pm Jul 10, 2010 3:22pm
Quoting cjd
Forex Trend indi is worthless. It repaints several bars. When indis look great it is because they repaint.

yeah, I've noticed that. Nothing in Forex is ever too good to be true, if it looks perfect or close to it, it usually isn't. I will test it and let you know
  • #507
  • Jul 10, 2010 3:31pm Jul 10, 2010 3:31pm
Set Forex Trend to inputs-period to 5. Backtest on 5 min frame and buy and sell on close of candle everytime it changes color. It never loses.
  • #508
  • Jul 10, 2010 5:19pm Jul 10, 2010 5:19pm
Forex Trend repaints like crazy mate, I remember using it a year back.
  • #509
  • Jul 10, 2010 5:39pm Jul 10, 2010 5:39pm
Quoting cjd
Set Forex Trend to inputs-period to 5. Backtest on 5 min frame and buy and sell on close of candle everytime it changes color. It never loses.
Given that your previous post stated that the Forex Trend indicator was worthless, is this latest comment "tongue in cheek"?

Or did you suddenly discover the holy grail?
  • #510
  • Jul 10, 2010 5:56pm Jul 10, 2010 5:56pm
Quoting Bobcat2
Given that your previous post stated that the Forex Trend indicator was worthless, is this latest comment "tongue in cheek"?

Or did you suddenly discover the holy grail?
lol Well, actually, I was explaining one way to test if an indicator repaints without the market being open.
  • #511
  • Jul 11, 2010 1:26am Jul 11, 2010 1:26am
Quoting rotunda
I'm using 15m alf set ups with trend. 20sma confirms trend.

rotunda, could you please share that stochastic indi you have. It looks nice. Thanks!
  • #512
  • Jul 11, 2010 2:30pm Jul 11, 2010 2:30pm
www.m15-swinger.weebly.com
  • #513
  • Jul 12, 2010 12:32am Jul 12, 2010 12:32am
Quoting cjd
Forex Trend indi is worthless. It repaints several bars. When indis look great it is because they repaint.
hey cjd,

yeah, your absolutely right, it looks to repaint about 3 bars. oh well, scratch that idea.
  • #514
  • Jul 12, 2010 12:40am Jul 12, 2010 12:40am
Quoting rotunda
Try this alf alert. Gives arrow on first open above or below alf.
I was just thinking about alf alert, it looks like alf alert watches alf line on whatever timeframe you have the chart set to, after I enter a trade and close 1/2 of the trade after +10 pips, i will switch tf to M5, and have alf alert me to when the line is crossed for a possible exit signal.

This can be useful for anyone who doesn't want to watch the trade all day.
  • #515
  • Jul 12, 2010 7:01am Jul 12, 2010 7:01am
If you take the break on the first bar above or below alf with ss agreement, you usually can pull some pips.
  • #516
  • Jul 12, 2010 7:08am Jul 12, 2010 7:08am
These two checked trades today.
Attached Image (click to enlarge)
Click to Enlarge Name: ej71210.gif Size: 42 KB
  • #517
  • Jul 13, 2010 12:39am Jul 13, 2010 12:39am
Quoting rotunda
If you take the break on the first bar above or below alf with ss agreement, you usually can pull some pips.

What is ss agreement?
  • #518
  • Jul 13, 2010 1:34am Jul 13, 2010 1:34am
The macd and the osma are just making my eyes and brain hurt. going back to just pure pa with the 2 alfs
  • #519
  • Jul 13, 2010 1:37pm Jul 13, 2010 1:37pm
Quoting tommbstone
The macd and the osma are just making my eyes and brain hurt. going back to just pure pa with the 2 alfs
Exactly! The indicator was making me crazy. I love the ALF indicators. I’m just using those with Heikin-Ashi bars instead of regular candles. Some people say they’re lagging. Maybe so but maybe that helps keep me out of bad trades.
  • #520
  • Jul 14, 2010 1:15am Jul 14, 2010 1:15am
bbolss,

I was wondering how you know when to close some of your position and let the rest run until price action hits alf M5 line? Do you automatically just do this with every trade, or is there something in particular you look for?
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