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NEW Candles Formation Trading -Petar Formation

  • #321
  • Aug 19, 2010 4:30am Aug 19, 2010 4:30am
Quoting Petar_Serbia
Look,Dezil created indi according rules,and you can ask him how he do that becouse you didnt undestand formation at all...
Hi,

Adds the same indicator NewPetardo but without trail control or wick. And I put three graphs to compare versions.


Petar, what I do not understand?

Ducke
Attached Image(s) (click to enlarge)
Click to Enlarge Name: show1.gif Size: 34 KB
Click to Enlarge Name: show2.gif Size: 39 KB
Click to Enlarge Name: show3.gif Size: 34 KB
Attached File(s)
File Type: mq4 NewPetardo_without_wick.mq4   6 KB | 502 downloads
  • #322
  • Aug 19, 2010 4:38am Aug 19, 2010 4:38am
Quoting ducke
Hi,

Adds the same indicator NewPetardo but without trail control or wick. And I put three graphs to compare versions.


Petar, what I do not understand?

Ducke
I diddnt know looks this is good on M1 frame also lol


Anyway look i see miss setup >
Attached Image (click to enlarge)
Click to Enlarge Name: misssetup.GIF Size: 36 KB
"Buy on fear, sell on greed !!!
  • #323
  • Aug 19, 2010 4:45am Aug 19, 2010 4:45am
Quoting Petar_Serbia
I diddnt know looks this is good on M1 frame also lol Anyway look i see miss setup >

I see rules and chart in page 1. The NewPetardo_witout_wick Indicator marks this formation, the NewPetardo (first version) not mark because have Wick control.

Petar, See post #304.

Ducke
  • #324
  • Aug 19, 2010 4:48am Aug 19, 2010 4:48am
Quoting ducke
I see rules and chart in page 1.
Petar, See post #304.

Ducke
I saw ducke but yea i told you about weak,i explain for me is every bar wich has 1 or more pips weaknes on Low or High pin.That mean almost every bar can be leading,just fully candles with no weak at all cant be leading...


Petar
"Buy on fear, sell on greed !!!
  • #325
  • Aug 19, 2010 4:52am Aug 19, 2010 4:52am
Ducke,
thanks i like Your indi !

Works very good !

Best,
Tom



Quoting ducke
Hi,

Adds the same indicator NewPetardo but without trail control or wick. And I put three graphs to compare versions.


Petar, what I do not understand?

Ducke
  • #326
  • Aug 19, 2010 4:54am Aug 19, 2010 4:54am
Quoting Petar_Serbia
i told you about weak,i explain for me is every bar wich has 1 or more pips weaknes on Low or High pin.
Ah, Ok. Your definition of Weakeness bar not are standard or Traditional.

Then, NewPetard_without_Wick_Control Indicator is fine.

Ducke
  • #327
  • Aug 19, 2010 5:04am Aug 19, 2010 5:04am
Duck, may i ask You too look one simple indicator or 2.
They both works on brokers like EUR/USD but on broker where is m letter after EUR/USDm is not showing up in my indicators.. dont no why..

Thanks for Your time.

Thos eindicators plots just round numbers.. Nothing more..

Best,
Tom
Attached File(s)
File Type: mq4 SweetSpots%20GOLD.mq4   4 KB | 360 downloads
File Type: mq4 Grid Builder.mq4   3 KB | 357 downloads
  • #328
  • Aug 19, 2010 5:05am Aug 19, 2010 5:05am
Quoting ducke
Ah, Ok. Your definition of Weakeness bar not are standard or Traditional.

Then, NewPetard_without_Wick_Control Indicator is fine.

Ducke
Yep not tradiotional
"Buy on fear, sell on greed !!!
  • #329
  • Aug 19, 2010 5:10am Aug 19, 2010 5:10am
USDCAD looks promising

WE will see >





Cheers



Petar
Attached Image (click to enlarge)
Click to Enlarge Name: looks.gif Size: 20 KB
"Buy on fear, sell on greed !!!
  • #330
  • Edited 5:27am Aug 19, 2010 5:16am | Edited 5:27am
Quoting Dezil
Here is new version of my indi, where I solved 50% issue. There was one mistype in the code. Now it should be OK.

Other improvements will be made when i have free time? but at leas now it shows right setups in accordance to rules i hope
There is still a discrepancy.

The formation I have marked with an X, is valid, but your indicator did not mark it.

The Lows of the LC and Candle 2 are equal.
Petar's rule says the LC's Low can not be lower.
This is a valid formation according to post #1. (below)

Quote
1. Leading candle must be no larger than candle 1 and 2.That mean Leading candle Lows for sell setup mustn be lower from lows of candle 1 and candle 2 for buy setup oposite.Leading candle Highs musnt be higher than highs from candle 1 and candle 2
PS-I still wish you would get rid of those arrows. They clutter up the chart, are distracting and serve no purpose.
Attached Image (click to enlarge)
Click to Enlarge Name: lc2.jpg Size: 121 KB
  • #331
  • Aug 19, 2010 5:29am Aug 19, 2010 5:29am
Quoting billbss
There is still a discrepancy.

The formation I have marked with an X, is valid, but your indicator did not mark it.

The Lows of the LC and Candle 2 are equal.
Petar's rule says the LC's Low can not be lower.
This is a valid formation according to post #1. (below)

PS-I still wish you would get rid of those arrows. They clutter up the chart, are distracting and serve no purpose.
Hello bill

If you set colour of the arrows to "none" they disappear.
Regards
  • #332
  • Aug 19, 2010 5:31am Aug 19, 2010 5:31am
Quoting howard
Hello bill

If you set colour of the arrows to "none" they disappear.

No, they turn black.

I use a white background and they're bad as ever.

I made them white. That works I should have thought of that before.
  • #333
  • Aug 19, 2010 5:37am Aug 19, 2010 5:37am
Hi,

Add filter a the Chart: NonLagMAv_7.1 and NLMA_MTF4.

1) If signal direction is equal to NonLagMA Direction then Good Signal.

or

2) if Signal are BUY and NLMA_MTF have 3 box Green then Good Signal


The Vertical Line Green shows Good Confirmed Signal

Ducke
Attached Image (click to enlarge)
Click to Enlarge Name: filter.gif Size: 66 KB
Attached File(s)
File Type: mq4 4BARS-MTF-NLMA 1.03.mq4   15 KB | 444 downloads
File Type: mq4 NonLagMA_v7.1.mq4   6 KB | 410 downloads
  • #334
  • Aug 19, 2010 5:37am Aug 19, 2010 5:37am
Quoting billbss
There is still a discrepancy.

The formation I have marked with an X, is valid, but your indicator did not mark it.

The Lows of the LC and Candle 2 are equal.
Petar's rule says the LC's Low can not be lower.
This is a valid formation according to post #1. (below)

PS-I still wish you would get rid of those arrows. They clutter up the chart, are distracting and serve no purpose.
Check the lows of leading candle and candle 2. It looks like leading candle low is lower then candle 2 low. Thats why there is no sell setup
  • #335
  • Aug 19, 2010 5:41am Aug 19, 2010 5:41am
Quoting Dezil
Check the lows of leading candle and candle 2. It looks like leading candle low is lower then candle 2 low. Thats why there is no sell setup
No. They are equal.
Both are 1.2826.
I had already checked them before I posted.
  • #336
  • Aug 19, 2010 5:45am Aug 19, 2010 5:45am
Quoting billbss
No. They are equal.
Both are 1.2826.
I had already checked them before I posted.
Hah, it's very rare moment, just need to replace > to >= in the code. I'll make it in next version
  • #337
  • Aug 19, 2010 5:45am Aug 19, 2010 5:45am
Quoting ducke
Hi,

Add filter a the Chart: NonLagMAv_7.1 and NLMA_MTF4.

1) If signal direction is equal to NonLagMA Direction then Good Signal.

or

2) if Signal are BUY and NLMA_MTF have 3 box Green then Good Signal


The Vertical Line Green shows Good Confirmed Signal

Ducke
Interesesting idea,

As i said you can use this formation for strategy you want,sup,res,fibs,with averages...


We are here to earn pips


Cheers

Petar
"Buy on fear, sell on greed !!!
  • #338
  • Aug 19, 2010 5:46am Aug 19, 2010 5:46am
Quoting billbss
There is still a discrepancy.

The formation I have marked with an X, is valid, but your indicator did not mark it.

The Lows of the LC and Candle 2 are equal.
Petar's rule says the LC's Low can not be lower.
This is a valid formation according to post #1. (below)

PS-I still wish you would get rid of those arrows. They clutter up the chart, are distracting and serve no purpose.
Agree with your comment on the arrows. Makes it harder to focus. Just the dot serves its purpose, it would be great if a version with no arrow could be made.

Pardy
  • #339
  • Aug 19, 2010 5:48am Aug 19, 2010 5:48am
Quoting Dezil
Hah, it's very rare moment, just need to replace > to >= in the code. I'll make it in next version
Dezil please replace that and post that version and than i will put that version on first post



Cheers



Petar
"Buy on fear, sell on greed !!!
  • #340
  • Aug 19, 2010 5:49am Aug 19, 2010 5:49am
Quoting Petar_Serbia
Dezil please replace that and post that version and than i will put that version on first post



Cheers



Petar
sure, I'll do this
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