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Murrey Advisor by MoStAsHaR15

  • #121
  • Sep 14, 2010 5:45am Sep 14, 2010 5:45am
Quoting gspe
Hi,
try this version i modified it for 4/5 digts brokers. The only thing that doesn't work is the clock, i can't still find the code in the indy to modify it.

Tell me if it works for you
gspe
It works...
thank you very much
Hero calls followed by margin calls...
  • #122
  • Sep 14, 2010 6:05am Sep 14, 2010 6:05am
Quoting PhAnTi'
USD/CAD as well
USDCAD is still LIVE with me. It is now +24
  • #123
  • Sep 14, 2010 6:11am Sep 14, 2010 6:11am
I was planning to keep it hidden little bit further, but I have noticed most of the bad signals are similar and could have been filtered out.

I am attaching v2.3 for trial purposes and compare performance to v2.2.

I have used the modified version by gspe as a basis so that this new version suits both 4 and 5 digit brokers. Thanks gspe

It is not for SALE yet
Attached File(s)
File Type: zip MURREY ADVISOR v2.3.zip   9 KB | 410 downloads
  • #124
  • Sep 14, 2010 6:16am Sep 14, 2010 6:16am
This MM H4 indy seems to work normally like an indicator, late signal. But it's support and resistance areas are quite good. So I take trades when I see multiple failure, and also when I see things like in the posted chart, an inside bar was broken after failure to move up, I go with the break.
Attached Image (click to enlarge)
Click to Enlarge Name: pix.gif Size: 23 KB
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #125
  • Sep 14, 2010 6:17am Sep 14, 2010 6:17am
Quoting gspe
Hi,
try this version i modified it for 4/5 digts brokers. The only thing that doesn't work is the clock, i can't still find the code in the indy to modify it.

Tell me if it works for you
gspe
Are you able to fix this? When I add Skoda's code to return the status of the indi as either 0, 1 or 2 the display stops. The indi still generates signals (just picked up an eu 'Go short' alert on the H1) but does not display the figures.

The problem is caused by ExtBuffer[0] = 0; Comment this out and re-compile and the display is fine.

I can even code the EA with the indi like this as I really only need to know if the buffer holds a value of either 1 or 2; it would just be good to know the indi is working properly.

Cheers

Attached File(s)
File Type: mq4 Murrey Advisor V2.2.mq4   48 KB | 244 downloads
  • #126
  • Sep 14, 2010 6:24am Sep 14, 2010 6:24am
USD/CAD worked for me aswel.
I had it open since yesterday and just closed it (approaching 0/8 and there is not much range in last few days) with 20 PIPS profit.

Quoting mostashar15
USDCAD is still LIVE with me. It is now +24
  • #127
  • Sep 14, 2010 6:26am Sep 14, 2010 6:26am
Quoting heaveyrain
a suggestion you can use a certain % of the ATR as yr SL. e.g 50% or 70%
I am not familiar with ATR. Can you explain how you can use 50% or 70%?

Thanks
  • #128
  • Sep 14, 2010 6:27am Sep 14, 2010 6:27am
Quoting Pardy
Hi, you might find this indicator useful - It simply displays the distance of price to the ma, so you can easily tell if it is higher than 25 pips.
For 5 digit brokers, it'll show 10 pips as 100.

Pardy
Thanks buddy, I have modified the code already.
  • #129
  • Sep 14, 2010 6:29am Sep 14, 2010 6:29am
Quoting skoda2008
This should do the trick. In honesty I haven't tested it yet though...

If you call it with iCustom with an offset of 0 it should return:

0 for Hold
1 for long
2 for short

I could also code the EA, but since you seem to be able to pump them out quicker than I can turn my PC on I'll leave it to you.
Thanks Skoda for jumping just in the right time.
  • #130
  • Sep 14, 2010 6:34am Sep 14, 2010 6:34am
Quoting SteveHopwood
Fantastic. Thanks very muich.

Now, we will be waiting for your EA, Good Luck
  • #131
  • Sep 14, 2010 6:38am Sep 14, 2010 6:38am
Quoting DrLobo
Why do i get a sell signal here when TP would only be 8 PIPS away (next support level) and SL would be 52 PIPS (next resistance level) ?

Thanks
Hi

The code will look for any opportunity that can give you more than 10 pips. But, you have to make decision whether you want to get in or not based on Reward/Loss ratio.

I believe V2.3 (if works fine) will increase the probability of a trade to go in your direction.
  • #132
  • Sep 14, 2010 6:40am Sep 14, 2010 6:40am
Quoting tahshoon
i had this signal just before the german news... then said its not wise to trade before the news ...
I believe this would have been filtered out in the new version, let us see upcoming similar entries.
  • #133
  • Sep 14, 2010 6:44am Sep 14, 2010 6:44am
Quoting mostashar15
I believe this would have been filtered out in the new version, let us see upcoming similar entries.
im sure that u r doing a great job,thnx for sharing ur experience with us
  • #134
  • Sep 14, 2010 6:47am Sep 14, 2010 6:47am
Quoting PhAnTi'
hmm take tp the support after the support and sl the next resistance ?!
To me the most accurate SL should be if the 4Hr candle closes below EMA(5,close) in case of LONG which means the uptrend is broken and vise versa in SHORT. As I said before, the pair will tend to move above EMA(5,close) the green line but after sometime will tend to retrace to test this line and continue moving up.

However, if EMA(5,close) is so close or far then, you may use 25 - 30 pips as SL.

In conclusion, I believe SL setting needs further optimization and feedback about how to further improve.
  • #135
  • Sep 14, 2010 6:50am Sep 14, 2010 6:50am
Quoting DrLobo
so does that mean you will get different signals and trades ?
Did you get same signals that I recieved ?
I just got one to short Eur/Jpy
In most of the cases, you will both receive the same signal, however, since he is one hour in advance, he will get better position in the entry.

Since this strategy is based on observations and trial & error, I have downloaded his platform to check both. I believe there might be an incentive. But, we need to test on the long term at least.
  • #136
  • Sep 14, 2010 6:51am Sep 14, 2010 6:51am
Quoting gspe
Hi,
try this version i modified it for 4/5 digts brokers. The only thing that doesn't work is the clock, i can't still find the code in the indy to modify it.

Tell me if it works for you
gspe
Great Work, thanks buddy.

I have captured your name in V2.3 in the THANKS section since I used your version as a basis for developing 2.3.
  • #137
  • Sep 14, 2010 7:00am Sep 14, 2010 7:00am
Quoting DrLobo
USD/CAD worked for me aswel.
I had it open since yesterday and just closed it (approaching 0/8 and there is not much range in last few days) with 20 PIPS profit.
You did the right move
  • #138
  • Sep 14, 2010 7:07am Sep 14, 2010 7:07am
After those big moves which were against the trend, most likely we will not see entry signal before next candle after 4 hrs from now.
  • #139
  • Sep 14, 2010 7:27am Sep 14, 2010 7:27am
how to set sl/tp?
Hero calls followed by margin calls...
  • #140
  • Sep 14, 2010 7:45am Sep 14, 2010 7:45am
Sorry about the blank display on the previous version. Here is the latest version (2.3) updated to put out values to the external buffer for an EA to use.

This time it has been tested and works. The number next to "MA" in the indicator window is the value it is sending out.
Attached File(s)
File Type: mq4 Murrey Advisor V2.3 dual with ext buffer.mq4   48 KB | 484 downloads
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