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Indicators development for T101's not very simple method

  • #4,341
  • Sep 6, 2011 6:31am Sep 6, 2011 6:31am
Quoting stevenali
MPTM closed 2nd trade with 100 pips... not bad at all

i apologize if i ask this shilly question, but what is important we use offline chart?

cause i don't use it...
Hi Steve

The offline chart basically replaces the AI, so that you can see the "sumof" the basket on one chart.

It is just a matter of preference. Plenty traders are still using the AI or a variation thereof as they prefer precise entries and exits.

Regards
  • #4,342
  • Sep 6, 2011 6:52am Sep 6, 2011 6:52am
thx GVC.. i already read ur thread too.. lot of good information there..

regards
Simplicity your Life
  • #4,343
  • Sep 6, 2011 6:54am Sep 6, 2011 6:54am
GVC,

i read u use EURUSD than GBPJPY as TRIGGER to trade.. what is ur experience with it... and why u chose eurusd... thx
Simplicity your Life
  • #4,344
  • Sep 6, 2011 8:56am Sep 6, 2011 8:56am
Quoting stevenali
GVC,

i read u use EURUSD than GBPJPY as TRIGGER to trade.. what is ur experience with it... and why u chose eurusd... thx
Yes, I normally use the EURUSD as my trigger because the pair tends to be the baskets dominant pair.

This is not always the case however and that is why I use additional filters.

Regards
  • #4,345
  • Sep 6, 2011 9:46am Sep 6, 2011 9:46am
Dear All

I have created a thread that is for a bot for use with the offline T101 charts

although originally intended for use with NanningBob methodology the bot can also be used as a stand-alone for ANY manual strategy of T101

thread is here
http://www.forexfactory.com/showthread.php?t=313360

Regards, John
Attached Image (click to enlarge)
Click to Enlarge Name: t101 trader 3.gif Size: 25 KB
  • #4,346
  • Sep 6, 2011 11:10am Sep 6, 2011 11:10am
Huge thanks John!
  • #4,347
  • Sep 6, 2011 12:57pm Sep 6, 2011 12:57pm
Not sure if it was in this thread and I looked.....

Is there any other indi Like 2 LSMA or TMA or 2 MA's ect... that will emulate the Has MTF

I want to be on 1 min TF but show HAS 15 Min TF
  • #4,348
  • Sep 6, 2011 11:21pm Sep 6, 2011 11:21pm
I second that Dryclean. The MTF HAS is great but extremely resource hungry! Would be nice to find another option that does the same thing while easing up on the CPU

Been playing with the M30 offline chart with 50 and 200 MA's method 1 and it looks quite nice. You can trade the bounces off the 50 similar to the way you trade off the HAS. Above the 200 is buy and below is sell.
  • #4,349
  • Sep 7, 2011 4:15am Sep 7, 2011 4:15am
Quoting Gvc
Hi Swissforex Is that Paul Deans RSI Divergence theory that you are using as a 2nd filter.

If so kudos to you.
I find that it works well on the offline charts.

Regards
Hi there

no it's a simple RSI technical analysis
you can apply your preferred Oscillator on the Basket Chart
MACD,Stochastic,RSI,AO,etc
max 2 indicators
Account deleted
  • #4,350
  • Edited 6:00am Sep 7, 2011 5:39am | Edited 6:00am
found an indi modify to see settings

now just looking for the right settings

try
6
0
2
0
for 1 ...pretty close can't get other just yet
Attached File(s)
File Type: mq4 #MTF_MovingAverage.mq4   6 KB | 386 downloads
  • #4,351
  • Sep 7, 2011 10:47am Sep 7, 2011 10:47am
DC
I'm using a lean Ma cross & HAMA, your welcome to try them.


Quoting dryclean
Not sure if it was in this thread and I looked.....

Is there any other indi Like 2 LSMA or TMA or 2 MA's ect... that will emulate the Has MTF

I want to be on 1 min TF but show HAS 15 Min TF
Attached File(s)
File Type: mq4 RK-Heatmap-MAwAl-tr-aw-dif.mq4   9 KB | 577 downloads
File Type: mq4 RK-ml-HAMA T3 new - mtf & alert.mq4   14 KB | 576 downloads
  • #4,352
  • Sep 8, 2011 9:45am Sep 8, 2011 9:45am
dryclean,

You might want to use the indicator Has replacement I attached to this thread months ago I believe, since I saw that 20 LWMA Weighted Close is real close to HAS.

Just use 20 for current timeframe (lower). To get MA period to use to simulate HAS on higher timeframe, divide higher timeframe by lower timeframe, then multiply result x 20 (this gives you higher timeframe's 20 LWMA viewed on current timeframe).

Kind regards,

Don


Quoting dryclean
Not sure if it was in this thread and I looked.....

Is there any other indi Like 2 LSMA or TMA or 2 MA's ect... that will emulate the Has MTF

I want to be on 1 min TF but show HAS 15 Min TF
  • #4,353
  • Sep 8, 2011 11:01am Sep 8, 2011 11:01am
Quoting disbellj
dryclean,

You might want to use the indicator Has replacement I attached to this thread months ago I believe, since I saw that 20 LWMA Weighted Close is real close to HAS.

Just use 20 for current timeframe (lower). To get MA period to use to simulate HAS on higher timeframe, divide higher timeframe by lower timeframe, then multiply result x 20 (this gives you higher timeframe's 20 LWMA viewed on current timeframe).

Kind regards,

Don
The white line is as Don decribes so for H1/H4 i have a LWMA(80) and tma true mod final is the yellow line. The crosses are a bit off but most of HAs is bracketed.

Hope this helps.

Mike
Attached Image (click to enlarge)
Click to Enlarge Name: t101 h1.gif Size: 17 KB
Attached File(s)
File Type: mq4 TmaTrue_mod_final.mq4   10 KB | 539 downloads
  • #4,354
  • Sep 8, 2011 11:11am Sep 8, 2011 11:11am
This looks good using LWMA(80) and #MTF Moving Averages(240,"",6,0,2,0)on H1 chart.

Attached Image (click to enlarge)
Click to Enlarge Name: t101 h1.gif Size: 14 KB
  • #4,355
  • Sep 8, 2011 6:17pm Sep 8, 2011 6:17pm
VERY good magft! Remove HAS from screen and crosses look GOOD don't they?

Kind regards,

Don

P.S. If you want to go one step further, using "momentum" the way MACD line is made (which is basically difference between two MAs) using MA periods, or the lines above (which would require custom indicator being made, or just coding "momentum" into EA), gets you in before any crosses.

One can simply set MACD to e.g. 20 for fast ma, 80 for slow ma (i think that's period you said you used for higher timeframe?), and 1 for signal (realizing that the lines will not perfectly match HAS or LWMA, since MACD uses the best MA anyways, if you don't count the signal, since the two main MAs are EMAs).

BTW, if trading basket, don't you think checking not only basket chart, but also each individual currency pair's conformity to the condition makes more sense than trading all currencies in the basket, and instead only trade those that conform to basket direction, makes the most sense? Orest did it with ADX, I'd rather use momentum.

Quoting magft
This looks good using LWMA(80) and #MTF Moving Averages(240,"",6,0,2,0)on H1 chart.

  • #4,356
  • Sep 9, 2011 3:49am Sep 9, 2011 3:49am
Quoting disbellj
VERY good magft! Remove HAS from screen and crosses look GOOD don't they?

Kind regards,

Don

P.S. If you want to go one step further, using "momentum" the way MACD line is made (which is basically difference between two MAs) using MA periods, or the lines above (which would require custom indicator being made, or just coding "momentum" into EA), gets you in before any crosses.

One can simply set MACD to e.g. 20 for fast ma, 80 for slow ma (i think that's period you said you used for higher timeframe?), and 1 for signal (realizing...
Don, thanks i did think about using MACD as well and was contemplating a custom indy that did the same with our new MAs, time being the main reason for not progressing.

As for your point about checking individual pair charts have you had a look at John's thread http://www.forexfactory.com/showthread.php?t=313360.

He has added a check for pair direction and allows to include exclude pairs when opening a basket.

Regards

Mike
  • #4,357
  • Sep 9, 2011 11:35am Sep 9, 2011 11:35am
magft,

No, but John is welcome to use any code from the last EA Robert posted that contains mostly my code, with fixes by Robert to make the EA trade correctly and FAST. I just figure there's a lot of good code in there that can be useful if needed.

Kind regards,

Don


Quoting magft
Don, thanks i did think about using MACD as well and was contemplating a custom indy that did the same with our new MAs, time being the main reason for not progressing.

As for your point about checking individual pair charts have you had a look at John's thread http://www.forexfactory.com/showthread.php?t=313360.

He has added a check for pair direction and allows to include exclude pairs when opening a basket.

Regards

Mike
  • #4,358
  • Sep 9, 2011 12:56pm Sep 9, 2011 12:56pm
Guys,

I am having a problem with my MT4 setup.

I can't seem to use the TradeHedgeBuyAll/ SellAll script anymore.

It only opens 0 trade every time I click the scripts.

Same goes to other default scripts. Weird.

Any idea to this minor issue?
  • #4,359
  • Sep 9, 2011 1:28pm Sep 9, 2011 1:28pm
Quoting Chroniclez
Guys,

I am having a problem with my MT4 setup.

I can't seem to use the TradeHedgeBuyAll/ SellAll script anymore.

It only opens 0 trade every time I click the scripts.

Same goes to other default scripts. Weird.

Any idea to this minor issue?
Did you change broker check their min lot size
check your log files for error messages
can only opne 1 set of buy/sell per magic number
  • #4,360
  • Sep 9, 2011 1:50pm Sep 9, 2011 1:50pm
After I click the script, the journal says 2 things.

1. Loaded
2. Removed

No error whatsoever. Previously I can use the scripts successfully. Wonder why this time couldnt.
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