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Montana and Yarara

  • #61
  • Jul 3, 2011 8:21am Jul 3, 2011 8:21am
Quoting monkey.fx
sorry for my bad english

why everyone looking for indicators with weird names removed from scientific dictionary, you have the same things mt 4, just know how to use them,.
why all new traders try to find the best indi whit special name and dont use what they have on mt 4?
because they dont now how to work whit them because they need arow to show them when to enter and they need screen mesage maybe a call on mobile to tell them when to trade
--so use simple indi and try to understand them is very simple just wach the map attach .
Agree with you. But sometimes somebody can create really good indi with different logic than standard indi from mt4. I also made combination of indi and its important for clear single view.
One more thing. If you are really understand prices (trendlines, SR, PA) you dont need indi. For me indi is important for EAs... but still looking and trieing to find good ideas (not a huge profitable).
Anyway Montana can show you main trend - thats good.
  • #62
  • Jul 4, 2011 12:15am Jul 4, 2011 12:15am
Quoting MCFly
Hi,
I really can't see how the highlighted rule makes sense. The zero line is from the montana indicator and if the yarara arrow appears above or below the zero line provides no indication for it's own range or domain. I hope you understand what I'm saying. The next point is that when you put both indicators in one window the position of the yarara is dynamic what means that when you scroll back in history the yarara will change visually it's location. In conclusion when someone is posting a chart which shows a trade you can't see if the yarara...
Exactly my point. It really doesn't matter the position of the Yarara in relation to the Montana as long as they are heading in the same direction.
  • #63
  • Jul 4, 2011 7:28am Jul 4, 2011 7:28am
Quoting aserbfx
a little gift for my post #1500:
a new user offered this two indis in the cog-thread:
http://www.forexfactory.com/search.p...duser&u=183225
he refused to open a thread here, so i will do.

i use them in H4 only. wait for the montana to cross the 0 and the yarara to change colour with arrow.

i found them very smooth for confirming entries/exits based on "normal" technical analysis (aka support/resistance, round numbers, trendlines, chart patterns).

i wouldn't make decisions only based of these indis.

just take your...
What kind of problem has sacupay-montanav2.mq4, it cannot be edited by MetaEditor. I would like to know, on basis of which common indicator it was created, is it MACD or AO ? The correct name of it should not be SAPUCAY-* ?
  • #64
  • Jul 4, 2011 7:30am Jul 4, 2011 7:30am
Hello

For those who want to replace montana with a similar but non repainting version, there is solar_wind_cleanX wich is also a fisher transform, but correct, without repainting :

http://www.forexfactory.com/showthre...nd#post3007636
No more Fight, the victory has come...
  • #65
  • Jul 4, 2011 2:43pm Jul 4, 2011 2:43pm
Quoting nonor
Hello

For those who want to replace montana with a similar but non repainting version, there is solar_wind_cleanX wich is also a fisher transform, but correct, without repainting :

http://www.forexfactory.com/showthre...nd#post3007636

Do you have settings that match the Montana?
  • #66
  • Jul 5, 2011 1:17pm Jul 5, 2011 1:17pm
Quoting aserbfx
put eur/gbp on your watchlist. yarara already turned red. wait for montana to cross the 0.
filter: resistance area. bearish inverted hammer on daily. bearish engulfing on H8.
setup triggered at 0.9037. currently 0.8977.
Attached Image (click to enlarge)
Click to Enlarge Name: egg.gif Size: 23 KB
meine augen sind die sterne
  • #67
  • Jul 5, 2011 3:02pm Jul 5, 2011 3:02pm
gbp/nzd. long at 1.9470. very choppy pair. breakout above the rectangle. this trade is against the major downtrend, therefore SL at 1.9390; TP open.
Attached Image (click to enlarge)
Click to Enlarge Name: gn&.gif Size: 26 KB
meine augen sind die sterne
  • #68
  • Jul 6, 2011 12:01am Jul 6, 2011 12:01am
Quoting aserbfx
gbp/nzd. long at 1.9470. very choppy pair. breakout above the rectangle. this trade is against the major downtrend, therefore SL at 1.9390; TP open.
sl hit.
meine augen sind die sterne
  • #69
  • Jul 6, 2011 4:20am Jul 6, 2011 4:20am
does anyone have a readme or manual for this indi?
  • #70
  • Jul 6, 2011 4:40am Jul 6, 2011 4:40am
Quoting enochben
does anyone have a readme or manual for this indi?
found manuals, but they do not go into any detail regarding the settings...
Attached File(s)
File Type: pdf Estrategia_Sapucay.pdf   121 KB | 3,222 downloads
File Type: pdf Estrategia_Sapucay_02.pdf   67 KB | 1,799 downloads
  • #71
  • Jul 6, 2011 12:51pm Jul 6, 2011 12:51pm
Quoting aserbfx
setup triggered at 0.9037. currently 0.8977.
i cover half of my position here.
eur/gbp at a minor round number 0.8950 and a support-zone.
montana and yarara combined with classical chart technic.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.gif Size: 24 KB
meine augen sind die sterne
  • #72
  • Edited Jul 16, 2011 1:33am Jul 15, 2011 9:50am | Edited Jul 16, 2011 1:33am
Guys, it seems we DO have something going here, I think this snake/mountain indi is BRILLIANT although...I must say I'm using nono's indi right now and it looks GREAT to trade with (just like mountain indi, just doesn't mess a person around so much like mountain, is almost like the MACD indi just doesn't change color AS often as AO...SCORE!) anyway, I just let you all know from some backtesting I've done with some pairs I haven't really seen (from jan this year to June on 4 hour) NOT ONE losing month as yet but ONLY using snake and mountain, but i HAVEN'T backtested as yet this indi from nonor but LOOKS pretty promising
Another thing I'd like to mention is this, I've been trying to use the attached "timer" is what the guys over at MBFX system call it JUST as a filter, in other words I'm trying to get in as SOON as the arrow comes up I look at this filter and make my judgment on that rather (because price MIGHT just bounce back INITIALLY then you stuck with a negative in your account and possibly less profit end of day. Same for exit
If you have LOOK at the timer when the yellow comes up and is pointing down and all else is good (arrow is showing) take the trade same as yellow pointing UP. If the line is blue and arrow shows long then take the trade even before next candle because is VERY good possibility the arrow will STAY if timer is blue and visa versa
What I'm ALSO doing is going to lower time frame to see where the timer is heading
These methods I mix and match to see best trade
I think this would make VERY good strategy actually
Attached File(s)
File Type: ex4 MBFX Timing.ex4   5 KB | 663 downloads
  • #73
  • Jul 15, 2011 10:47am Jul 15, 2011 10:47am
Quoting zukies
Guys, it seems we DO have something going here, I think this snake/mountain indi is BRILLIANT although...I must say I'm using nono's indi right now and it looks GREAT to trade with (just like mountain indi, just doesn't mess a person around so much like mountain, is almost like the MACD indi just doesn't change color AS often as MACD...SCORE!) anyway, I just let you ...
you know, my friend, most of the guys here in ff will look for a system telling them when to do what. green for buy, red for sell. only a very few like you, are willing to get a feeling for a system and to adopt it.
as long as we make money, everything is ok. some will learn the hard way. the crowd is already in the next system-thread, and the next and the next...

p.s. eur/gbp covered second 1/2 off at 0.8805 some hours ago. around +160 pips.
meine augen sind die sterne
  • #74
  • Jul 16, 2011 1:56am Jul 16, 2011 1:56am
Quoting aserbfx
you know, my friend, most of the guys here in ff will look for a system telling them when to do what. green for buy, red for sell. only a very few like you, are willing to get a feeling for a system and to adopt it.
as long as we make money, everything is ok. some will learn the hard way. the crowd is already in the next system-thread, and the next and the next...

p.s. eur/gbp covered second 1/2 off at 0.8805 some hours ago. around +160 pips.
-Thanks for compliment

-Nonor, what is best pairs you would say with AO?

-What I'm also trying to do is find an indi VERY similar to mountain, I'm now trying AO (want to do back test sometime to see) but MAIN thing here is the snake tends to catch GOOD moves before they hit (in other words you're IN before the "volatility" hits, I've found (well at least with the indi's I'VE tried) that a lot of them show up too LATE, it seems THIS indi is better in that respect

Another thing I realized this MORNING actually is that a lot of us "lazy" idiots (inCLUDING myself) NOT doing their "homework" and who don't use PA and candlestick patterns, sit and listen to news and professionals advice and STUDY certain pairs etc etc (you know...REALLY doing their homework) try catch markets relying SOLELY on INDI's to put food on our tables, although indi's aren't exactly the MOST reliable (or at least...MOST of them) how can you NOT lose? But, so LONG you making $$$...but still, I have a lot of respect for snake actually, I think it's one of THE BEST and closest one's OUT there.
My reason for above comment is that guys like me who don't have CLUE about markets etc but try finding "quick, easy" solutions for extra $$$ using INDI'S, how CAN I expect NOT to lose??? I just watch my account, IF I'm at least GROWING day by day (even with losses) THEN I'm getting somewhere The reason indi's lag is because they try to conform to current market situations, as LONG as they catch the action beFORE it happens and NOT AFTER! so to the person who invented the snake (whoEVER he/she is) WELL done

Just my 5c worth
and the best of all??? IT'S FREEEEEEEEEEEEEEEEE!! LOL
Oh, you can go and spend $100 on MBFX JUST to get the timer (I feel the other indi is just a load of crap) or you can just get it free
  • #75
  • Jul 16, 2011 3:23pm Jul 16, 2011 3:23pm
hey guys, just quick report back about nonor's AO idea, I don't really like it very much (comparing with using mountain) because AO tends to miss out on some trades that mountain WOULD'VE picked up if you're using it with the timer but in ANY case, i like mountain because if you following the general rule of having the arrow above/below the line AO misses a lot of trades that one COULD'VE taken if they were using mountain
  • #76
  • Jul 16, 2011 4:59pm Jul 16, 2011 4:59pm
Hey zuki the timing indi looks like stochastic to me is there another indicator to go along with the timing indicator to confirm that you can share please thanks
  • #77
  • Jul 17, 2011 1:38pm Jul 17, 2011 1:38pm
Quoting Moewet
Hey zuki the timing indi looks like stochastic to me is there another indicator to go along with the timing indicator to confirm that you can share please thanks
My friend, you don't understand what I'm trying to do here, the timer is more like a FILTER in some situations where you not SURE about a trade using mountain, if snakes line is too close to mountain THEN you look at timer to see which way price could move, if timer (for long) is pointing up then you can take the trade until further down the line the timer changes color again then you can close prematurely (in case price moves against you. It's just a matter of feeling the market that's all. I'm trying to use the snake, mountain and timer together. I KNOW timer looks like stoch, I'm WELL aware of that, what matters is the COLOR the line is at the time. and yes, this indi also lags but by ONE candle whereas mountain has MORE lag, is why I'm trying to use timer in conjunction with mountain you see
hope this helps
  • #78
  • Jul 17, 2011 1:57pm Jul 17, 2011 1:57pm
Quoting zukies
My friend, you don't understand what I'm trying to do here, the timer is more like a FILTER in some situations where you not SURE about a trade using mountain, if snakes line is too close to mountain THEN you look at timer to see which way price could move, if timer (for long) is pointing up then you can take the trade until further down the line the timer changes color again then you can close prematurely (in case price moves against you. It's just a matter of feeling the market that's all. I'm trying to use the snake, mountain and timer together....
Timer by itself will burn you - however, timer used with good sense of the market is very effective, especially strong support/resistance levels.

Zukies is on to something here!
  • #79
  • Jul 17, 2011 7:56pm Jul 17, 2011 7:56pm
In trying to find a replacement for the Montana that does not repaint I ran across the attached. The Montana is nothing more than a Fisher with the addition of alarms. The attached is supposed to eliminate the repainting of the last 2-4 bars that we experience with the Montana. Change the period from 10 to 18 and it matches the Montana. Hope this helps.

Barry
Attached File(s)
File Type: mq4 Fisher_Yur4ik_2.mq4   2 KB | 570 downloads
  • #80
  • Jul 18, 2011 1:46pm Jul 18, 2011 1:46pm
eur/gbp offering a new oppportunity.
support from H4- hammer and strong bullish daily bar.
Attached Image (click to enlarge)
Click to Enlarge Name: eg4.gif Size: 24 KB
meine augen sind die sterne
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