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Easy trend system/indicator

  • #81
  • Dec 21, 2010 5:57pm Dec 21, 2010 5:57pm
Quoting DayTraderBiH
Hi Cubby !
Thanks for sharing your strategy. I saw some strategies with the muli time frame crossover signals and people seem to make money with it. Anyway, can you tell me how long are you trading this strategy and are you trading it live?

The basics behind this strategy is to trade with the higher trend and wait for a entry in the lower trend. Sounds simple doesn't it? So let's see if we can make some pips with it.
I hope you post more of your trades and share your knowledge.
Thanks !


Yes, I'm trading live and on demo. I traded on demo using the Signals indicator and live using the 12x12. I actually used the Signals indicator for my exits on my live trades. I'm still not sure if a ''signals'' strategy will work long term. It works best on the GBPUSD because it's a volatile pair. Only time will tell if the signals indicator can perform.
  • #82
  • Dec 21, 2010 5:57pm Dec 21, 2010 5:57pm
Quoting Cubbybgood
I do not have the source code. I wish I did.

I cant use the timeframe indicator? I atached it to chart and I see nothing. How to use or install this indicator?
Add it to a 1 min chart. In the multiplier, enter 3 for a 3 min chart,or 2 for a 2 min chart, etc. Then go to File, Offline, and locate m3 chart for the pair. Open it and you should have the m3 chart required (there should have been at least one tick go through for this to show). Note you must keep the m1 chart running, since the m3 is running off the m1 chart.

Hope that helps.
Pardy
  • #83
  • Dec 21, 2010 6:05pm Dec 21, 2010 6:05pm
Quoting Pardy
Add it to a 1 min chart. In the multiplier, enter 3 for a 3 min chart,or 2 for a 2 min chart, etc. Then go to File, Offline, and locate m3 chart for the pair. Open it and you should have the m3 chart required (there should have been at least one tick go through for this to show). Note you must keep the m1 chart running, since the m3 is running off the m1 chart.

Hope that helps.
Pardy

  • #84
  • Dec 21, 2010 6:07pm Dec 21, 2010 6:07pm
Quoting Cubbybgood
I do not have the source code. I wish I did.

I cant use the timeframe indicator? I atached it to chart and I see nothing. How to use or install this indicator?

Someone know how the Signals indicator works?
  • #85
  • Edited 9:44pm Dec 21, 2010 9:21pm | Edited 9:44pm
I think this indicator is based on the famous ASCTrendSig indicator. This shows the exact same signals and the lag like hell just the same.

Interesting reading, looks like it's been done before:

http://www.forex-tsd.com/manual-trad...nd-system.html
Attached File(s)
File Type: mq4 ASCTrendSig1.mq4   3 KB | 689 downloads
  • #86
  • Dec 22, 2010 10:43am Dec 22, 2010 10:43am
Quoting the-game
I think this indicator is based on the famous ASCTrendSig indicator. This shows the exact same signals and the lag like hell just the same.

Interesting reading, looks like it's been done before:

http://www.forex-tsd.com/manual-trad...nd-system.html

Thanks
  • #87
  • Dec 22, 2010 10:44am Dec 22, 2010 10:44am
Today test
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur.gif Size: 14 KB
Click to Enlarge Name: gbp.gif Size: 16 KB
  • #88
  • Dec 22, 2010 10:48am Dec 22, 2010 10:48am
Quoting Pipsnator
Today test
great
you looking 15 then 3?
  • #89
  • Dec 22, 2010 11:01am Dec 22, 2010 11:01am
I looked all day this indicator and it doesn't repaint.
  • #90
  • Dec 22, 2010 11:25am Dec 22, 2010 11:25am
Quoting rifearmo
great
you looking 15 then 3?
yes
  • #91
  • Dec 22, 2010 2:29pm Dec 22, 2010 2:29pm
will try it 15/3 on cable and euro
  • #92
  • Dec 22, 2010 3:13pm Dec 22, 2010 3:13pm
Quoting Pipsnator
Today test


Great great great! Nice work again Pipsnator. How many pips you get today? Look like it could be a lot.
  • #93
  • Dec 22, 2010 4:22pm Dec 22, 2010 4:22pm
Quoting Cubbybgood
Great great great! Nice work again Pipsnator. How many pips you get today? Look like it could be a lot.
I haven't take the trades, I studied the system.
However I would have closed the positions about 2 hours ago with an opposite signal on 15 min.
Results: 80 pips on gbp/usd and 40 pips on eur/usd

  • #94
  • Dec 22, 2010 4:39pm Dec 22, 2010 4:39pm
Quoting Pipsnator
I haven't take the trades, I studied the system.
However I would have closed the positions about 2 hours ago with an opposite signal on 15 min.
Results: 80 pips on gbp/usd and 40 pips on eur/usd


I dont know why but I still couldnt get the 3 minute chart up and running. I feel like a toltal idiot. you lost me when you said to go to "file" I see a "files " folder in my mt4 folder. I didn't exactly know what I was looking for. It's not a big deal because I still getting great results on the 15/5 charts.
  • #95
  • Dec 22, 2010 4:46pm Dec 22, 2010 4:46pm
Quoting Cubbybgood
I dont know why but I still couldnt get the 3 minute chart up and running. I feel like a toltal idiot. you lost me when you said to go to "file" I see a "files " folder in my mt4 folder. I didn't exactly know what I was looking for. It's not a big deal because I still getting great results on the 15/5 charts.
Go to File, then Open Offline option. You should there see the m3 of the pait on which you have activated the period opt converter.

Double click and this should open the required m3 chart.

Pardy
  • #96
  • Dec 22, 2010 4:52pm Dec 22, 2010 4:52pm
Quoting Pardy
Go to File, then Open Offline option. You should there see the m3 of the pait on which you have activated the period opt converter.

Double click and this should open the required m3 chart.

Pardy
Thanks for the help pardy. Where is the "file" folder?

Sorry for how stupid I am with this...
  • #97
  • Dec 22, 2010 4:57pm Dec 22, 2010 4:57pm
Quoting Cubbybgood
Thanks for the help pardy. Where is the "file" folder?

Sorry for how stupid I am with this...

No problem
Attached Image (click to enlarge)
Click to Enlarge Name: file.GIF Size: 43 KB
  • #98
  • Dec 22, 2010 5:00pm Dec 22, 2010 5:00pm
Quoting Pipsnator
No problem

Haha. Really simple thanks man.
  • #99
  • Dec 22, 2010 5:10pm Dec 22, 2010 5:10pm
Quoting Cubbybgood
Haha. Really simple thanks man.
You're welcome
  • #100
  • Dec 22, 2010 5:20pm Dec 22, 2010 5:20pm
Quoting Pipsnator
I looked all day this indicator and it doesn't repaint.
Yeah, I noticed that, it also doesn't lag as much as I had suggested in my last post
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