Indicators development for T101's not very simple method | Page 182 | Forex Factory

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Indicators development for T101's not very simple method

  • #3,621
  • Jan 14, 2011 8:25pm Jan 14, 2011 8:25pm
Quoting ZeeJay
http://www.forexfactory.com/showpost.php?p=4296889
Zeejay,

I am trying to run the two indicators you posted but not sure if I did it right or not. I loaded the Price-v5-dnk from the indicator to the Gbpjpy Chart and leave the fixed minimum and fixed maximum as is to zero. No data appearing after loading. I then loaded the T101_history into the same chart from the script, and open the chart from offline with the name #AA,H1(offine). Save it as template. Kindly confirm if what I did right is right.

I am lost how to use the #AA from here. Shall I load it to the pair I am going to trade? Any help is appreciated.

Edd
  • #3,622
  • Jan 15, 2011 7:56am Jan 15, 2011 7:56am
Hi Edd, i was having a similar problem opening the off line charts. All you do is first load the script on a gbpjpy chart and then run the indicator on the same chart. After this go to file and open offline, you should see the offline chart created by the inidcator(ex:#AA,H1,#AA,15, ETC)..that should do the trick. If it that deos not work, delete any custom offline charts created already with the indi and retry it...it should work fine.
  • #3,623
  • Jan 15, 2011 10:26am Jan 15, 2011 10:26am
make sure to check "allow DLL imports" when running the script...
this will make your offline chart update in realtime.

Quoting Edd Ganuelas
Zeejay,

I am trying to run the two indicators you posted but not sure if I did it right or not. I loaded the Price-v5-dnk from the indicator to the Gbpjpy Chart and leave the fixed minimum and fixed maximum as is to zero. No data appearing after loading. I then loaded the T101_history into the same chart from the script, and open the chart from offline with the name #AA,H1(offine). Save it as template. Kindly confirm if what...
  • #3,624
  • Jan 15, 2011 9:52pm Jan 15, 2011 9:52pm
Quoting Hodgires
Hi Edd, i was having a similar problem opening the off line charts. All you do is first load the script on a gbpjpy chart and then run the indicator on the same chart. After this go to file and open offline, you should see the offline chart created by the inidcator(ex:#AA,H1,#AA,15, ETC)..that should do the trick. If it that deos not work, delete any custom offline charts created already with the indi and retry it...it should work fine.
Thanks a lot, guys.. Pretty sure I have a lot of learning to do when the market will open on Sunday (ET - here in Toronto). Indeed your help is highly appreciated.

Edd
  • #3,625
  • Jan 16, 2011 8:31pm Jan 16, 2011 8:31pm
lol I'm also reside in Toronto as well.

I have a question for the veterans in this thread. Has anyone came close to determining ranging market strategies for trading the basket? Or even better, how to determine if the market is ranging so I won't get into a trade.

Also, if you've made a killing in one week due to a trending market, how badly will your profits be affected if a ranging market follows?

Thanks, idash
  • #3,626
  • Jan 17, 2011 6:11am Jan 17, 2011 6:11am
Quoting idash
lol I'm also reside in Toronto as well.

I have a question for the veterans in this thread. Has anyone came close to determining ranging market strategies for trading the basket? Or even better, how to determine if the market is ranging so I won't get into a trade.

Also, if you've made a killing in one week due to a trending market, how badly will your profits be affected if a ranging market follows?

Thanks, idash
idash,

Glad to know you are from Toronto. Hope you don't mind if I will be emailing you and help me with my t101 trading. By the way which broker are you using?

Thanks,

Edd
  • #3,627
  • Jan 17, 2011 11:49am Jan 17, 2011 11:49am
Thanks diceman.

Regards,

Don


Quoting diceman555
hi disbellj

this is a indi called dianamic colours,theres a thread by ronald raygun regarding this indi,but its high on cpu usage,and plots the zones as they develop,by changing the color in varying degrees each time the price moves through it,its good for trading steps in price,i tend to use it as a guide of range,then trade of the lower time frames.
the thread is in program discussions.
if you cant find it let me know and ill find the link
regards
william
  • #3,628
  • Jan 17, 2011 8:44pm Jan 17, 2011 8:44pm
Hey, not at all. We're all here to learn. I'm using fxcm mt4 on a demo account right now. I'm not very familiar with the range of brokers out there, but this broker offers the ibfx pairs.

Quoting Edd Ganuelas
idash,

Glad to know you are from Toronto. Hope you don't mind if I will be emailing you and help me with my t101 trading. By the way which broker are you using?

Thanks,

Edd
  • #3,629
  • Jan 18, 2011 11:28am Jan 18, 2011 11:28am
HI Guys
I have a strategy which is based on volume indicator. Can anyone build an ea out of it?
  • #3,630
  • Jan 18, 2011 8:35pm Jan 18, 2011 8:35pm
I've downloaded the 'newer' version of steve's mptm (the one not in the zip file), but I still couldn't get it to work. Same settings as I posted before, but again when my trades went below the BasketTrailPercent percentage my trades weren't closed. So I'm very confused about how this ea works.http://cdn.forexfactory.com/images/icons/icon9.gif

About my setup: I have 7 charts set up each displaying Don's revised dashboard for a specific week. Also, I have one more chart set up running the mptm. When I trade, I go to the chart with the mptm set up and run the TradeHedgeBUYALLv5 (or TradeHedgeSELLALLv5) script to open the trades. Note: I have modified these two scripts to open the optimal ibfx pairs. All other codes left alone.

Can anyone tell me what I'm doing wrong? http://cdn.forexfactory.com/images/icons/icon7.gif Thanks!


In other news, I had made about 450 pips going long on the basket since last night. Basket started retracing about an hr ago and lost about 50 pips so I closed it. Looks like it's doing a bit of retracing right now. The yellow rectangle is my trading frame from last night to tonight.
Attached Image(s) (click to enlarge)
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  • #3,631
  • Jan 18, 2011 8:45pm Jan 18, 2011 8:45pm
I can try to help you offline if you'd like. Might just be a simple setting in the mptm ea that you are missing. send me a pm and we'll try to hook up and i'll help u get it going.
  • #3,632
  • Jan 19, 2011 3:40am Jan 19, 2011 3:40am
Hi GVC

Many thanks for you help regarding the offline charts. Having followed your instructions I am now able to run a chart with just 3 pairs.

Thanks again, and to everyone who contributes to this thread unselfishly
  • #3,633
  • Jan 19, 2011 7:29pm Jan 19, 2011 7:29pm
Quoting idash
I've downloaded the 'newer' version of steve's mptm (the one not in the zip file), but I still couldn't get it to work. Same settings as I posted before, but again when my trades went below the BasketTrailPercent percentage my trades weren't closed. So I'm very confused about how this ea works.http://cdn.forexfactory.com/images/icons/icon9.gif

About my setup: I have 7 charts set up each displaying Don's revised dashboard for a specific week. Also, I have one more chart set up running the mptm. When I trade, I go to the chart with the...
c
Hey dude where can i download your indicator.
  • #3,634
  • Jan 20, 2011 6:57pm Jan 20, 2011 6:57pm
Here you go, it was posted a while back in this thread.
Attached File(s)
File Type: mq4 T101_dashboard_v1.4_Don.mq4   26 KB | 1,040 downloads
  • #3,635
  • Jan 21, 2011 2:48am Jan 21, 2011 2:48am
Hi Idash/Don
I have not been using this indicator before, but took a look at it today. My first observation is that the figures generated by the indicator is dependent on the time frame you put it on. What timeframe is best?

One of the user input in this indicator is estrOpenDate, do I need to change this or leave the default?

Thanks

Quoting idash
Here you go, it was posted a while back in this thread.
  • #3,636
  • Jan 21, 2011 3:27pm Jan 21, 2011 3:27pm
Quite a bit of trend this week...

Averaged a measly 460 pips a day

I'm sure you all did much better-
  • #3,637
  • Edited 4:08pm Jan 21, 2011 3:34pm | Edited 4:08pm
See how it keeps coming down to that same yellow line...

What did someone call it?

The central trading point, or something??



**Edit #1: It's called "The point of Control"
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 32 KB
  • #3,638
  • Jan 22, 2011 1:36am Jan 22, 2011 1:36am
Hey, when I'm monitoring the charts I'm usually using the 15m or 30m or even the 1hr tf. It's because it allows me the monitor the movement the of pairs more closely over the past several hours than if I were using the 4hr or 1 day. ie. I can see the progression of the sells from the bottom half start moving into the top half in those smaller timeframes. I would only use the 4hr or 1 day tf if I come home from work and I need to see what happened to the IA throughout the day when I couldn't monitor it.

Quoting ajewopf
Hi Idash/Don
I have not been using this indicator before, but took a look at it today. My first observation is that the figures generated by the indicator is dependent on the time frame you put it on. What timeframe is best?

One of the user input in this indicator is estrOpenDate, do I need to change this or leave the default?

Thanks
  • #3,639
  • Jan 22, 2011 1:41am Jan 22, 2011 1:41am
Hey texmade1, I'm not sure if most of us would call an average of 460 pips a day for a week measly lol. I banked 460 pips total for this week. I'm sure this thread would benefit more if you posted a short summary of your analysis.

Looking at the dashboard for this week, it seemed like a ranging week, because both buys and sells overtook each other in the top half of the IA several times. Therefore, I was reluctant to pull the trigger on those setups. I only caught the buy basket near the beginning of the week around Monday-Tuesday, and closed it quickly.

Quoting texmade1
Quite a bit of trend this week...

Averaged a measly 460 pips a day

I'm sure you all did much better-
  • #3,640
  • Jan 22, 2011 8:41am Jan 22, 2011 8:41am
I'm with you, Idash, as I found the basket to be in a range all week. No one side ever seemed to take hold for an extended period of time. I congratulate you, Texmade, on such a solid week, but how in the world did you do it?? Any amount of analysis you could give us would be very helpful.
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