Hi Centuripe,
Read the instructions and use the 604 version.
Read the instructions and use the 604 version.
MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600
- #282
- Mar 2, 2014 10:12pm Mar 2, 2014 10:12pm
- | Membership Revoked | Joined May 2012 | 1,218 Posts
Hi Kiads, thanks for your works and time to this thread again ! Here is my Template right now. As you can see I have some problem. When I attached the Template, it's called the SSA 600 version instead of the new 610 version. And as you can see, the divergence indicator seems not working. If you can tell me how to solve these problems, I will appreicate. Thanks for your help and time {image}
Hi My Friend,
Ok, lets create your template step by step;
First, make sure all indicators, templates, and tools is in the right places by select menu Files, Open Data Folder from your MT4 build 610 platform terminal.
- Open your base standard M1 chart, and create your offline chart use ! MTH MT4 B604 Accel Shift Renko Builder Indi v01.ex4
- Select File Open Offline, and search and click your offline chart name
- In your renko offline chart, applied one of plain templates : ! plain off darkblue.tpl or ! plain off gainsboro.tpl
- If you use ! plain off darkblue.tpl your renko chart will look like this :
- Now, right click your renko chart look at indicator list and make sure you see this custom indicators :
- Next, open your navigator box window, search for !___MTH MT4 B610 SSA CycDiv Indicator, load to your renko chart, and because we use dark background in this example, in input parameter change UseBackground=false
- Your chart should look like this;
- Next, from your Navigator box window, click and drag !___MTH MT4 B610 Divergences Marker Indi, to your !___MTH MT4 B610 SSA CycDiv Indicator subwindows. this will super impose Divergences Marker Indi on top of SSA CycDiv Indi.
- The Final chart wiil look like this;
- If Everything looks OK, you can save it as your template, name it as you like.
I Hope this explanations is not wrong, and help you to create your own template.
As always Happy Trading Guys..
MTH
- #285
- Mar 3, 2014 2:26am Mar 3, 2014 2:26am
- | Membership Revoked | Joined May 2012 | 1,218 Posts
= TECH ANALYSIS TIPS =
Hi Guys,
When You use this trading system, you must understand that there is no rigid rules, you must flexible to adapt market conditions. In my personal opinion, 'strict to the rules' is not good practice, since you will miss some opportunity only because your trading system 'rules' not tell you what to do.. lol.
You are the trader, and your trading system is only 'way' to implement your skill and good trading system should be flexible to anticipate any market conditions. This is why most of EAs (with only one trading system rule), failed in long term.
When market is too tight like this Monday EU movement, you should adjust your rules and your trading environment, so you can still caught this tight movement.
Look at this example picture below;
I'm in hedge EU condition, just small pips, but hey.. this is profit..lol.
At this condition, I'm watching my both positions, Short and Long, when EU continue goes up, then i will close my previous short, but if EU goes down, then i will release my long position, and keep continue my short position.
For tight market like this, I change my renko brick size to smaller size, I use 5 point 12.5% shift. for EU. for me, tight market is when this day range is less than half of average daily range. so if my ADR (126) is 80.7 point, then tight market is when the range is lower than 40 point.
I also change my CycDiv setting to adapt this 'ranging' condition, here is my setting for this EU tight market.
Lag = 5, NumComps = 3, PeriodNorm = 68, HighLowStep = 0.0068, MyMaMethod = 0 (simple), MyMAprice = 4 (HL/2).
I will also adjust my Divergence Marker Indi (at the bottom input parameters), same setting with my CycDiv setting.
Later, when EU range goes wider (above 40 point), then I will reset my setting back to default.
Hope it help and as always Happy Trading Guys..
MTH
Hi Guys,
When You use this trading system, you must understand that there is no rigid rules, you must flexible to adapt market conditions. In my personal opinion, 'strict to the rules' is not good practice, since you will miss some opportunity only because your trading system 'rules' not tell you what to do.. lol.
You are the trader, and your trading system is only 'way' to implement your skill and good trading system should be flexible to anticipate any market conditions. This is why most of EAs (with only one trading system rule), failed in long term.
When market is too tight like this Monday EU movement, you should adjust your rules and your trading environment, so you can still caught this tight movement.
Look at this example picture below;
I'm in hedge EU condition, just small pips, but hey.. this is profit..lol.
At this condition, I'm watching my both positions, Short and Long, when EU continue goes up, then i will close my previous short, but if EU goes down, then i will release my long position, and keep continue my short position.
For tight market like this, I change my renko brick size to smaller size, I use 5 point 12.5% shift. for EU. for me, tight market is when this day range is less than half of average daily range. so if my ADR (126) is 80.7 point, then tight market is when the range is lower than 40 point.
I also change my CycDiv setting to adapt this 'ranging' condition, here is my setting for this EU tight market.
Lag = 5, NumComps = 3, PeriodNorm = 68, HighLowStep = 0.0068, MyMaMethod = 0 (simple), MyMAprice = 4 (HL/2).
I will also adjust my Divergence Marker Indi (at the bottom input parameters), same setting with my CycDiv setting.
Later, when EU range goes wider (above 40 point), then I will reset my setting back to default.
Hope it help and as always Happy Trading Guys..
MTH
- #290
- Mar 3, 2014 11:02am Mar 3, 2014 11:02am
- | Membership Revoked | Joined May 2012 | 1,218 Posts
Oh boy,.. 
I don't know why some peoples always ask about trading system performance.. lol
my PM full of this silly questions, how long you trade with this system ? how many percent average monthly gain ?, how about draw down ? what is your broker ? what is your SL ? how many pips your daily target is ?.. bla..bla.. bla..
Should I explain all about that ? what for ? do they think they can also download my 10 years experiences just like MT4 history file ..?
No..No,, I'm not upset..
, just really sad with this 'Instant World' behavior lol..
May God Bless them with patience and prosperity..
Anyway, as always Happy Trading Guys..
MTH
I don't know why some peoples always ask about trading system performance.. lol
my PM full of this silly questions, how long you trade with this system ? how many percent average monthly gain ?, how about draw down ? what is your broker ? what is your SL ? how many pips your daily target is ?.. bla..bla.. bla..
Should I explain all about that ? what for ? do they think they can also download my 10 years experiences just like MT4 history file ..?
No..No,, I'm not upset..
, just really sad with this 'Instant World' behavior lol..May God Bless them with patience and prosperity..
Anyway, as always Happy Trading Guys..
MTH
- #291
- Mar 3, 2014 11:05am Mar 3, 2014 11:05am
Oh boy,..
Your system give a lot of information to deal with and we have to trade to know him better 
Kiads, just one question about the Arrow on the Divergence indicator, Are they an entry signal or just an information to help us to define the trend ? I took 2 Arrow today and follow them as a entry trade and both were successful but I would like to know from you as you are more experienced with your system
Thanks for your help
- #292
- Mar 3, 2014 11:20am Mar 3, 2014 11:20am
- | Membership Revoked | Joined May 2012 | 1,218 Posts
{quote} Greedy world...
The arrows came from Divergence Marker Indicator that read SSA CycDiv Indicator, so the arrow show you the direction of divergences.
Yes, of course you can follow that arrows for your entry/exit, but as you can see in your chart history, that not all divergences give us good result.
Need logical sense and screen time experience to know which divergences will give us good trade probability.
If you apply this SSA cycdiv and divergence marker indi to higher TF standard chart like daily or even weekly chart, then in general this two will help you to 'see' long term direction of market movement. So, when divergence 'show up' in daily or weekly chart then 'you know' what to do next.. right..
Hope it help and best regard.
MTH
- #294
- Mar 3, 2014 11:09pm Mar 3, 2014 11:09pm
- | Membership Revoked | Joined May 2012 | 1,218 Posts
= TECH ANALYSIS TIPS =
Hi Guys, this is little bit off current topic.. lol
But, actually this is one of the base of my geometrical renko ideas. My own personal opinion of course..
For you who learn W.D. Gann Theory that i called it 'unfinished knowledge' because W.D Gann bring his 'secret' to the grave. You must be understand about 'square of nine' where really difficult to implemented in standard chart / time based chart.
You know about 1 time : 1 price ratio, that I believe there is 'misinterpretation' if i can't say it 'disinformation' .
Most of you forced to think about 'time' in seconds, minutes, hours, etc. but in my own opinion, what W.D Gann mean with 'time' is 'times' like in 'how many times in one day' so he talk about 'frequency' not 'timing'. and 1 time : 1 price ratio is talking about angle, frequency of angle of the trend that 1 time : 1 price diagonal angle is 45º for up trend, and 315º for down trend. And will always like that, nothing else, this is the 'real' angles of price movement even in what we called 'sideways' or 'consolidation period', actually was combination of 45º and 315º short waves in high 'frequency' whipsaw swing.
In relation with Fibonacci, 45º / 315º angles opposite side cross in equal sides triangle is 50% level of fibonacci levels, so no wonder if you 'see it' so many times that price movement stop and reverse at this 50% level.
If you use my geometrical style renko chart with 8 point brick size and 12.5% shift, that mean every brick steps is 1 point in size, and one single brick size, need 8 steps to complete. So, 48 points (6 full size bricks) with 48 steps will give you 'square of nine' with the ratio of 1 point : 1 time.
Well, maybe some of you become confuse.. lol, what the hell 'he' is talking about.. , But, maybe this is also 'aha' moment for some one else who know what i'm talking about..
Ok then let see this example picture of GBPUSD offline geometrical renko chart with 8 point brick size, shift 12.% and set the chart to fixed one to one size.
In this example you can see the way i use gann grid for my geometrical renko chart to draw diagonal lines, and i use my sweetspot indi to draw horizontal lines, and i use cycle lines object tool to draw vertical lines. The 'range' for vertical cycle lines is 16 bricks and will count 17 bricks from line to line. this is also the answer why i frequently use multiplication of 17 period in my indicators setting. (17, 34, 68.. etc).
Now, how about if i just put Simple Moving Average with period 17 with median (HL/2) price, with level of 40,-40, 80, -80, 120, and -120, that actually 4 ,8 (our brick size), and 12 points range level, and in fibonacci term level, this is 50%, 100%, and 150% from our brick size.., well here we go the result
The question is, can you trade with that ?
Search your answer...
As always, Happy Trading Guys..
MTH
Hi Guys, this is little bit off current topic.. lol
But, actually this is one of the base of my geometrical renko ideas. My own personal opinion of course..
For you who learn W.D. Gann Theory that i called it 'unfinished knowledge' because W.D Gann bring his 'secret' to the grave. You must be understand about 'square of nine' where really difficult to implemented in standard chart / time based chart.
You know about 1 time : 1 price ratio, that I believe there is 'misinterpretation' if i can't say it 'disinformation' .
Most of you forced to think about 'time' in seconds, minutes, hours, etc. but in my own opinion, what W.D Gann mean with 'time' is 'times' like in 'how many times in one day' so he talk about 'frequency' not 'timing'. and 1 time : 1 price ratio is talking about angle, frequency of angle of the trend that 1 time : 1 price diagonal angle is 45º for up trend, and 315º for down trend. And will always like that, nothing else, this is the 'real' angles of price movement even in what we called 'sideways' or 'consolidation period', actually was combination of 45º and 315º short waves in high 'frequency' whipsaw swing.
In relation with Fibonacci, 45º / 315º angles opposite side cross in equal sides triangle is 50% level of fibonacci levels, so no wonder if you 'see it' so many times that price movement stop and reverse at this 50% level.
If you use my geometrical style renko chart with 8 point brick size and 12.5% shift, that mean every brick steps is 1 point in size, and one single brick size, need 8 steps to complete. So, 48 points (6 full size bricks) with 48 steps will give you 'square of nine' with the ratio of 1 point : 1 time.
Well, maybe some of you become confuse.. lol, what the hell 'he' is talking about..
, But, maybe this is also 'aha' moment for some one else who know what i'm talking about..Ok then let see this example picture of GBPUSD offline geometrical renko chart with 8 point brick size, shift 12.% and set the chart to fixed one to one size.
In this example you can see the way i use gann grid for my geometrical renko chart to draw diagonal lines, and i use my sweetspot indi to draw horizontal lines, and i use cycle lines object tool to draw vertical lines. The 'range' for vertical cycle lines is 16 bricks and will count 17 bricks from line to line. this is also the answer why i frequently use multiplication of 17 period in my indicators setting. (17, 34, 68.. etc).
Now, how about if i just put Simple Moving Average with period 17 with median (HL/2) price, with level of 40,-40, 80, -80, 120, and -120, that actually 4 ,8 (our brick size), and 12 points range level, and in fibonacci term level, this is 50%, 100%, and 150% from our brick size.., well here we go the result
The question is, can you trade with that ?
Search your answer...
As always, Happy Trading Guys..
MTH
- #295
- Mar 3, 2014 11:58pm Mar 3, 2014 11:58pm
- | Membership Revoked | Joined May 2012 | 1,218 Posts
LOL...
It seem, most of you still confuse.., well I will waiting your comment, ideas, or guessing.. whatever..
But, let me tell you, that this time I will reveal my 'key' you can name it 'holy grail' or 'holy goose' lol.. but what i was explained in previous post is 'half of it' and with this addition to my SSA CycDiv, 1000 entries without loss is definitely possible..
nah..., consider I'm just kidding right now.. don't think about that so seriously.. 
As always, Happy Trading Guys..
MTH
It seem, most of you still confuse.., well I will waiting your comment, ideas, or guessing.. whatever..
But, let me tell you, that this time I will reveal my 'key' you can name it 'holy grail' or 'holy goose' lol.. but what i was explained in previous post is 'half of it' and with this addition to my SSA CycDiv, 1000 entries without loss is definitely possible..
nah..., consider I'm just kidding right now.. don't think about that so seriously.. As always, Happy Trading Guys..
MTH
- #297
- Mar 4, 2014 3:43am Mar 4, 2014 3:43am
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts
MT4/MT5 EAs/Indicators/Alerts coder
- #299
- Mar 4, 2014 6:12am Mar 4, 2014 6:12am
- | Membership Revoked | Joined May 2012 | 1,218 Posts
{quote} I am off topic, but remember that price doesn't react at a given level because it is a Fib (ie.) ... but because traders believe that the price will react at this level.
Kiads you lost me. I am not an engineer I am in sales and was never great at math! lol. I will try to understand though. As soon as I get my charts on 610 back up and get my taxes done here I will start posting more charts.
and you will be the one who understand further..,Best regard
MTH
- #300
- Mar 4, 2014 6:45am Mar 4, 2014 6:45am
- | Membership Revoked | Joined May 2012 | 1,218 Posts
= TECH ANALYSIS TIPS = related to post 294
Ok, let's clean the mess, all that of 'square of nine' W.D. Gann theory, Fibonacci, angles, etc is just for base explanation about why we use Geo Renko.
now, back to basic the moving average.. lol. The SSA Cyc Div Indicator, is also base on moving average, this SSA (Singular Spectrum Analysis) is old fancy formulas came from several years ago, you can search it in wiki, and with all the variations, still it is moving average, nothing else.
Ok see this plain picture of SMA17 median in GBPUSD 8p 12.5% again;
in general the most simple one, below the MA line short, above the MA line long, and when the MA line flat mean sideways.. that easy in theory..
Now, allow me to add another famous tool, that i deeply learn about 'her' the bollinger band .. lol. or i called her 'MA in disguise' because the mid line is just simple MA, and we will use standard bollinger band with period 17 (as usual) , deviation 3, and median (HL/2) price.
Now, try to create your own offline chart just like the example above (GBPUSD), try to search the pattern, cycle or whatever you can find it there..
I'll take my dinner first.. and continue later..
Enjoy
MTH
Ok, let's clean the mess, all that of 'square of nine' W.D. Gann theory, Fibonacci, angles, etc is just for base explanation about why we use Geo Renko.
now, back to basic the moving average.. lol. The SSA Cyc Div Indicator, is also base on moving average, this SSA (Singular Spectrum Analysis) is old fancy formulas came from several years ago, you can search it in wiki, and with all the variations, still it is moving average, nothing else.
Ok see this plain picture of SMA17 median in GBPUSD 8p 12.5% again;
in general the most simple one, below the MA line short, above the MA line long, and when the MA line flat mean sideways.. that easy in theory..
Now, allow me to add another famous tool, that i deeply learn about 'her' the bollinger band .. lol. or i called her 'MA in disguise' because the mid line is just simple MA, and we will use standard bollinger band with period 17 (as usual) , deviation 3, and median (HL/2) price.
Now, try to create your own offline chart just like the example above (GBPUSD), try to search the pattern, cycle or whatever you can find it there..
I'll take my dinner first.. and continue later..
Enjoy
MTH