Attachments: Indicator needed for H4 Trend System

Indicator needed for H4 Trend System

#41
Nov 27, 2010 10:47pm Nov 27, 2010 10:47pm

magnumfreak
Joined Nov 2007 | Status: Trying manual mode again | 2,210 Posts

The RSI Custom and Advanced ADX indicators repaint. They scan from right to left instead of left to right which can give you incorrect results.

#42
Nov 28, 2010 1:17am Nov 28, 2010 1:17am

bandung
Joined Apr 2010 | Status: Trader | 642 Posts

Quoting magnumfreak

Disliked

The RSI Custom and Advanced ADX indicators repaint. They scan from right to left instead of left to right which can give you incorrect results.

Ignored

hi magnumfreak,
i dont use that indicator, i use my own calculation :

Inserted Code

color getADXColor(int shift, string sym)
{
   double ADX0 = iADX(sym, iTf, ADXPeriod, PRICE_CLOSE, MODE_MAIN,    shift);
   double val1 = iADX(sym, iTf, ADXPeriod, PRICE_CLOSE, MODE_PLUSDI,  shift);
   double val2 = iADX(sym, iTf, ADXPeriod, PRICE_CLOSE, MODE_MINUSDI, shift);
   
   if (ADX0 >= ADXTrending && val1 > val2 )      return(UPCLR);
   else if (ADX0 >= ADXTrending && val1 < val2 ) return(DOWNCLR);
   else                                          return(OTHERCLR);   
}  

color getRSIColor(int shift, string sym)
{
   double val = iRSI(sym, iTf, RSIPeriod, PRICE_CLOSE, shift); 
   
   if(val >= RSIUp)        return(UPCLR);
   else if(val <= RSIDown) return(DOWNCLR);
   else                    return(OTHERCLR); 

}

...

#43
Nov 28, 2010 2:08am Nov 28, 2010 2:08am

metalcapon
| Membership Revoked | Joined Nov 2010 | 10 Posts

Can this indicator produce the same result in 1hr time frame ?

Trade the odds, But don't get caught.

#44
Nov 28, 2010 4:09am Nov 28, 2010 4:09am

Pip26
Joined Nov 2009 | Status: Following X to get the effect | 1,302 Posts

Quoting bandung

Disliked

thank you pip..

reading chano post make me want to visualize where is his entry and stoploss.
so I decide to make one indicator and ea

the indicator :
green when 4 indicators is green

dodgerblue when 3 of 4 indicators is green

red when 4 indicators is red

magenta when 3 of 4 indicators is red

gray when none above conditions is met

the ea:[list][*]will open 2 buy order if 2 bars behind met condition GRAY, GREEN[*]will open 2 sell order if 2 bars behind met condition GRAY, RED[*]will not open a new...

Ignored

Good up-gradation to the system.

Basically 95% methods in this world really struggles during ranging market. Using PSAR can be good to avoid bad trades. we have to test this system first.

Just trade it on demo for atleast 2 profitable months in a row before going to live.

cheers,
pip26

#45
Nov 28, 2010 4:10am Nov 28, 2010 4:10am

Pip26
Joined Nov 2009 | Status: Following X to get the effect | 1,302 Posts

Quoting metalcapon

Disliked

Can this indicator produce the same result in 1hr time frame ?

Ignored

I tried it on H1 but i didnt find it good. So i suggest to use H4 only.

Good Luck

#46
Nov 28, 2010 10:19am Nov 28, 2010 10:19am

dzhini
| Joined Jun 2010 | Status: Trader | 119 Posts

Thank you Pip26 for the reanimation of this idea. Thank you bandung for coding. I am trying this ea all day (visual mode).

Right now from 26.06.2006 to 14.09.2006 EU - minus.

If you need screenshots I can make it.

My idea its to make optimization sometimes (modify SL&TP)

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#47
Nov 28, 2010 7:17pm Nov 28, 2010 7:17pm

wooisui
| Joined Sep 2010 | Status: Trader | 123 Posts

hi pip26 and Bandung , this morning (Malaysia) i try M1 and M5 time frame, when M1 and M5 4 indicators change to red open order.

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#48
Nov 28, 2010 7:33pm Nov 28, 2010 7:33pm

wooisui
| Joined Sep 2010 | Status: Trader | 123 Posts

Pip 26 and Bnadung ,you are

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#49
Nov 29, 2010 11:00am Nov 29, 2010 11:00am

Pip26
Joined Nov 2009 | Status: Following X to get the effect | 1,302 Posts

Quoting wooisui

Disliked

Pip 26 and Bnadung ,you are

Ignored

Good work wooisui..

#50
Edited 4:22pm Nov 29, 2010 1:44pm | Edited 4:22pm

guenter487
| Joined Mar 2009 | Status: Trader | 71 Posts

[quote=bandung;4202032]hello guanter487,

I make a smaller version of the multipair dashboard "ay-TrendFinder-V03", please check it out..

hello bandung,

is perfect !

alertfunktion (display and email) from 3 identical lamps possible for "ay-TrendFinder-V03", 5 min for close candle ?

thanks and good trading

#51
Nov 30, 2010 6:09am Nov 30, 2010 6:09am

Pip26
Joined Nov 2009 | Status: Following X to get the effect | 1,302 Posts

I took some trades, lets see what happen...

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#52
Nov 30, 2010 7:46pm Nov 30, 2010 7:46pm

bandung
Joined Apr 2010 | Status: Trader | 642 Posts

[quote=guenter487;4207115]

Quoting bandung

Disliked

hello guanter487,

I make a smaller version of the multipair dashboard "ay-TrendFinder-V03", please check it out..

hello bandung,

is perfect !

alertfunktion (display and email) from 3 identical lamps possible for "ay-TrendFinder-V03", 5 min for close candle ?

thanks and good trading

Ignored

hahaha... you've been so lucky... I made it yesterday..

I will post it later..
had no time right now..

...

#53
Nov 30, 2010 9:11pm Nov 30, 2010 9:11pm

bandung
Joined Apr 2010 | Status: Trader | 642 Posts

Quoting Pip26

Disliked

I took some trades, lets see what happen...

Ignored

keep posting pip..., so we can learn together

I take this trade today..
based on m15 and h1 trend

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...

#54
Nov 30, 2010 9:28pm Nov 30, 2010 9:28pm

Pip26
Joined Nov 2009 | Status: Following X to get the effect | 1,302 Posts

Quoting Pip26

Disliked

I took some trades, lets see what happen...

Ignored

My results for these trades.

GbpJpy (closed)
1. +114
2. +57

NzdJpy
Breakeven

AudJpy (floating)
+80

UsdChf (floating)
-50

#55
Nov 30, 2010 9:30pm Nov 30, 2010 9:30pm

Pip26
Joined Nov 2009 | Status: Following X to get the effect | 1,302 Posts

Quoting bandung

Disliked

keep posting pip..., so we can learn together

I take this trade today..
based on m15 and h1 trend

Ignored

Hello bandung

Gud trade.. keep going on.

#56
Nov 30, 2010 10:12pm Nov 30, 2010 10:12pm

bandung
Joined Apr 2010 | Status: Trader | 642 Posts

Quoting Pip26

Disliked

My results for these trades.

GbpJpy (closed)
1. +114
2. +57

NzdJpy
Breakeven

AudJpy (floating)
+80

UsdChf (floating)
-50

Ignored

nice trade pip.. ,

hi pip and all...

I have a new update for the multipair monitor dashboard..
Now it can alerting and sending email at 5 minute (or else) before the bar close.

Pip can you help me update the first post to have a latest indicators link.. ?

btw... yesterday is sell day.. isn't it?
I read so many words "DOWN"... on my email