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  • #801
  • Aug 3, 2010 6:33am Aug 3, 2010 6:33am
Quoting CodeMonkey
You want 4TP's??...
Hello Monkycode,

Only today I came accross this thread and I would very much like to use this EA (just as you describe it above).
I didn't find the result of this awesome plan. Did you manage to finish this helpful tool? If so, where can I find it?

Thanks and best regards,

Ben
  • #802
  • Oct 11, 2010 11:29am Oct 11, 2010 11:29am
I've been reading and re-reading this thread and the other MTF thread

I finally got it to work for me very excited I'm using 5-15-30
I also have included an indi that will signal you for whatever time frames you have IE. 5-15-60 or 5-15-240 beats sitting and staring at a screen
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.GIF Size: 67 KB
Attached File(s)
File Type: mq4 MTF signal custom.mq4   5 KB | 313 downloads
  • #803
  • Oct 11, 2010 1:36pm Oct 11, 2010 1:36pm
Quoting dryclean
I've been reading and re-reading this thread and the other MTF thread

I finally got it to work for me very excited I'm using 5-15-30
I also have included an indi that will signal you for whatever time frames you have IE. 5-15-60 or 5-15-240 beats sitting and staring at a screen
I am glad to see someone is trading this system......I am back to it also.

I tried the indicator you posted, but it does not draw any arrows....so I prefer this one attached (all thanks to swingman)

PGPB
Attached File(s)
File Type: ex4 smMTFTrioAvg_Signals_v6.ex4   14 KB | 395 downloads
  • #804
  • Oct 11, 2010 1:42pm Oct 11, 2010 1:42pm
I have also been experimenting with adding a 60 minute M-candle
I keep the chart on a 5 minute chart....trading 5-15-30, the M-Candle shows what the 60 minute bar is doing.

I would be curious what others think of this.
I like to keep things as simple as possible so I am wondering if I am adding complexity...I keep another chart open showing just a simple chart with no indicators at all, just some S&R lines on it.

PGPB
Attached Image (click to enlarge)
Click to Enlarge Name: mcandles.png Size: 6 KB
Attached File(s)
File Type: ex4 M-Candles.ex4   9 KB | 358 downloads
  • #805
  • Oct 11, 2010 3:13pm Oct 11, 2010 3:13pm
Quoting pgpb
I have also been experimenting with adding a 60 minute M-candle
I keep the chart on a 5 minute chart....trading 5-15-30, the M-Candle shows what the 60 minute bar is doing.

I would be curious what others think of this.
I like to keep things as simple as possible so I am wondering if I am adding complexity...I keep another chart open showing just a simple chart with no indicators at all, just some S&R lines on it.

PGPB
you could just add another mtf =60 to the 3 you have at the bottom
  • #806
  • Oct 11, 2010 3:28pm Oct 11, 2010 3:28pm
Quoting dryclean
you could just add another mtf =60 to the 3 you have at the bottom
yeah.....I know....but I like the visual of the candle itself.
60 minute trix can still be bullish or bearish, and the candle itself can be doing the opposite

For me, the "jury is still out" on the M-candles. I very much like to have a chart that is as naked as possible.


PGPB
  • #807
  • Oct 11, 2010 4:03pm Oct 11, 2010 4:03pm
Quoting dryclean
you could just add another mtf =60 to the 3 you have at the bottom
i have attached two charts, 5-15-60 with M-candles, and the second showing 5-15-60 without

PGPB
Attached Images
  • #808
  • Oct 12, 2010 11:50am Oct 12, 2010 11:50am
Hi

Help me out please but what is a m-candle?

Thanks

John
  • #809
  • Oct 12, 2010 12:00pm Oct 12, 2010 12:00pm
the chart that I posted shows 5 minute bars within a larger 60 minute candle
You can set the M-candle for any time frame you like....240.....1440 etc
Then you can look at a smaller time frame and see the smaller time frame bars and also the larger time frame M-candle
  • #810
  • Oct 12, 2010 2:13pm Oct 12, 2010 2:13pm
I trade this system in orginal way 5-15-60 already for 6 months LIVE
I use 4 pairs and the DAX ( german Index) I am up between 42 and 68 % each pair/index

it works very well for me

Willem/ Dutchsignals
  • #811
  • Oct 12, 2010 3:01pm Oct 12, 2010 3:01pm
Here is an ea done by a genius programmer for me. You can muck about with it and see what you reckon. Its quite some time since I looked at it so you will have to figure it out for yourselves
Attached File(s)
File Type: mq4 PaidPerPip v0.32.mq4   54 KB | 470 downloads
We are all One. Be present. Be the Observer
  • #812
  • Oct 12, 2010 6:55pm Oct 12, 2010 6:55pm
Quoting dutchsignals
I trade this system in orginal way 5-15-60 already for 6 months LIVE
I use 4 pairs and the DAX ( german Index) I am up between 42 and 68 % each pair/index

it works very well for me

Willem/ Dutchsignals
Willem/ Dutchsignals

I was doing well with it when I traded, but then I decided to get creative......that is why I am coming back to the basics.

Can I ask that you post some screen shots of your trades.

It would be motivating and I hear that Gleneagles may be coming back for a visit to this thread, so it would be good if we could at least liven things up for him.

PGPB
  • #813
  • Oct 12, 2010 8:01pm Oct 12, 2010 8:01pm
Quoting Iamfx
Here is an ea done by a genius programmer for me. You can muck about with it and see what you reckon. Its quite some time since I looked at it so you will have to figure it out for yourselves
been playing around with this ea
what time frame do you put it on and the gmt offset is that for broker or where I live Thanks
  • #814
  • Oct 12, 2010 10:34pm Oct 12, 2010 10:34pm
Quoting dryclean
been playing around with this ea
what time frame do you put it on and the gmt offset is that for broker or where I live Thanks
Timeframe is 5 min gmt offset is your brokers
We are all One. Be present. Be the Observer
  • #815
  • Oct 13, 2010 5:45am Oct 13, 2010 5:45am
thanks
one thing it follows the rules fairly well I ran it and got 75% wins
will play around with it
  • #816
  • Oct 13, 2010 8:19am Oct 13, 2010 8:19am
Is this ea set up for a 4 digit broker?
  • #817
  • Oct 13, 2010 2:58pm Oct 13, 2010 2:58pm
Sorry for the protracted absence... What's happening guys?
How do you make a small fortune in Forex? Start with a large one!
  • #818
  • Oct 13, 2010 3:24pm Oct 13, 2010 3:24pm
trying to revive this thread. some traders have been successful with this system I just discovered it a few weeks ago. Now an ea has appeared I backtested it with a 76% win rate If it had money management feature it could maybe go somewhere. I am not a programmer.

It look like Gleneagles has developed the system a little more too from the dustbin trades he has been showing on the cable thread
May be he will chime in
  • #819
  • Oct 13, 2010 4:55pm Oct 13, 2010 4:55pm
Quoting dryclean
Is this ea set up for a 4 digit broker?
See my PM
We are all One. Be present. Be the Observer
  • #820
  • Oct 14, 2010 9:08am Oct 14, 2010 9:08am
PGPB
any chance you can post the mq4 file??

Thanks

Quoting pgpb
I am glad to see someone is trading this system......I am back to it also.

I tried the indicator you posted, but it does not draw any arrows....so I prefer this one attached (all thanks to swingman)

PGPB
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