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V'R-25 "Wave Slayer"

  • #61
  • Apr 16, 2014 5:43am Apr 16, 2014 5:43am
hai to all.......,
there is is good news for all you people. will you people can answer the following questions?

  1. are you able to know when a reversal is going to happen in this chart?
  2. Attached Image (click to enlarge)
    Click to Enlarge Name: gbp-jpy plain.png Size: 20 KB
  3. in this chart it is easy to say the reversal point because it is completed pa. but i am asking in real mode?
  4. but if the same question asked to me, i will tell yes quite frankly. here comes the million dollar question how?
  5. now see the below image........
  6. Attached Image (click to enlarge)
    Click to Enlarge Name: gbp jpy reversal.png Size: 20 KB
  7. second question where to enter the market at chart one at real mode??
  8. now see the below image
  9. Attached Image (click to enlarge)
    Click to Enlarge Name: buy.sell.png Size: 20 KB
  10. third question how to know the previous trend is in continue or a new trend is formed????
  11. see the bellow image
  12. Attached Image (click to enlarge)
    Click to Enlarge Name: trend continuation.png Size: 20 KB
  13. now finally how to eliminate the false signals?????
  14. see the image again
  15. Attached Image (click to enlarge)
    Click to Enlarge Name: validation.png Size: 26 KB

​the pa in all the chart are same, but the way of interpretation is different. by the above method i am sure you will find 40 to 50 pips per pair in a day in renko based charting method.
but about the above indicator it is still in testing mode.

"TRADING AGAINST THE TREND IS LIKE STANDING AGAINST KATRINA TWISTER "
  • #62
  • Apr 16, 2014 5:51am Apr 16, 2014 5:51am
Quoting selva1437
hai to all......., there is is good news for all you people. will you people can answer the following questions? are you able to know when a reversal is going to happen in this chart? {image} in this chart it is easy to say the reversal point because it is completed pa. but i am asking in real mode? but if the same question asked to me, i will tell yes quite frankly. here comes the million dollar question how? now see the below image........ {image} second question where to enter the market at chart one at real mode?? now see the below...
WOOW amazing.. anxiously waiting for release....
  • #63
  • Apr 16, 2014 7:26am Apr 16, 2014 7:26am
mmmm it is all about matching colors?

THX

Regards
  • #64
  • Apr 16, 2014 8:36am Apr 16, 2014 8:36am
Quoting irfan.zee01
{quote} try to copy your mt4 installation folder into other location, disconnect from internet, and then repeat the step explained by selva.. ps: after loading the script to m1 chart, try to restart your mt4 and then check it.. after that you can try the strategy tester..
Will give it a try. Thank you very much
  • #65
  • Apr 16, 2014 11:09am Apr 16, 2014 11:09am
This thread becomes more and more and more interesting

Thank's Selva for all these "mind-food" you share
  • #66
  • Apr 16, 2014 12:10pm Apr 16, 2014 12:10pm
Quoting selva1437
hai to all......., there is is good news for all you people. will you people can answer the following questions? are you able to know when a reversal is going to happen in this chart? {image} in this chart it is easy to say the reversal point because it is completed pa. but i am asking in real mode? but if the same question asked to me, i will tell yes quite frankly. here comes the million dollar question how? now see the below image........ {image} second question where to enter the market at chart one at real mode?? now see the below...

wow great

how to ready install chart?
  • #67
  • Apr 16, 2014 12:44pm Apr 16, 2014 12:44pm
Quoting selva1437
hai to all, as i told the first phase indicator is ready, simply copy the ex4 file to your indicator folder, restart your mt4 and drop this indi on your renko chart. this indicator will be used with standard charts also. but above 15 min charts.{image} ENTRY RULES :- when you see a green arrow get ready for long trade. ​if green thumps up symbol appears after the green arrow go long see pic (1,2) when you see a red arrow get ready for short trade. if red thumps down symbol appear after red arrow go short see pic(1,2) ​RESTRICTIONS:-...
dear selva1434 V r 25 Indi is same like MTH par MACD Indi for Geo Renko!!
  • #68
  • Apr 16, 2014 6:03pm Apr 16, 2014 6:03pm
Happy to join you over hear in this thread also.

Good luck coding.
  • #69
  • Apr 16, 2014 8:40pm Apr 16, 2014 8:40pm
anybody understand what selva trying to tell us regarding the above post with chart pics?
regards
fred
  • #70
  • Edited 9:26pm Apr 16, 2014 9:02pm | Edited 9:26pm
Quoting fredgold3434
anybody understand what selva trying to tell us regarding the above post with chart pics? regards fred
Hi fred

It does sound a bit cryptic....

He is showing us how to filter out false signals...

"but about the above indicator it is still in testing mode"

Looks likes its still in development

Will wait and see...
  • #71
  • Apr 16, 2014 9:32pm Apr 16, 2014 9:32pm
Quoting howa61
{quote} Hello irfan just add the ea to 28 pairs and start. {image} {image} And groving Regards
Hi all

A big warm thank you to Selva for his generosity in sharing his work.

I wonder if the EA results are better or worse using Renko Charts?

Has anyone tested?

Regards

Spy
  • #72
  • Apr 16, 2014 9:55pm Apr 16, 2014 9:55pm
Quoting mara1
{quote} dear selva1434 V r 25 Indi is same like MTH par MACD Indi for Geo Renko!!
ya it uses macd and other some calculations, kiads macd and mt4 macd are close one. but that indicator is just for alert only.
"TRADING AGAINST THE TREND IS LIKE STANDING AGAINST KATRINA TWISTER "
  • #73
  • Apr 16, 2014 9:57pm Apr 16, 2014 9:57pm
Quoting spymez
{quote} Hi all A big warm thank you to Selva for his generosity in sharing his work. I wonder if the EA results are better or worse using Renko Charts? Has anyone tested? Regards Spy
hai my friend i already mentioned in older post about this ea in older post , please see that.
"TRADING AGAINST THE TREND IS LIKE STANDING AGAINST KATRINA TWISTER "
  • #74
  • Apr 17, 2014 12:55am Apr 17, 2014 12:55am
Hi Selva,

This could be off topic. Please see attached chart and let me know if you see anything interesting. In this two indicators are programmed by me (by modifying others code).
cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: shot-2014-04-17_11-21-37.jpg Size: 234 KB
  • #75
  • Apr 17, 2014 12:08pm Apr 17, 2014 12:08pm
Quoting spymez
{quote} Hi all A big warm thank you to Selva for his generosity in sharing his work. I wonder if the EA results are better or worse using Renko Charts? Has anyone tested? Regards Spy
You can see TE I've created..
  • #76
  • Apr 18, 2014 5:24am Apr 18, 2014 5:24am
Quoting selva1437
OTHER KEY POINTS:- we have to check the trade by following points to reject the trade. whether we are getting a buy signal at a resistance, or a sell signal at support. how is the pivot points and pivot s/r reacted to the previous price action. ​so only this ea give the miss entry some time. because of your eagerness in this system guys i am working on a custom indicator soon it will be posted. and for all you guys one thing to say...... I AM BACK..... ​
Hi selva,
I am not sure if you have solution to solve these key points on ea. If you do, please ignore what i said.

This issue is very common on the ea. In my opinion, you need define "buy signal at a resistance, or a sell signal at support" very specific, becoz the machine need to know the real definition, it does not like human that can "feel" the price action.

For example,
Does price "cross below and then above the resistance or cross above and then below the support" can viewed as the signal pattern? or

how about price is "very close" resistance/support but not touch, and then it goes up/down to the original trend? If yes, then how many pip is the "close".

If we want set a "pip" of the "close", then the issue comes up. It is an issue of optimization of the pip such that however the pip are set by the optimization, sometimes we will miss/lose some trades by this parameter.

Above is my experience, this issue bother me for a long time, and i had quit for finding this solution long time ago. Does anyone has a well solution for this? if you do please share here to everyone.
  • #77
  • Apr 18, 2014 8:52am Apr 18, 2014 8:52am
I am confused is this thread about a manual trading method or an EA?
  • #78
  • Apr 21, 2014 9:18pm Apr 21, 2014 9:18pm
hai to all,

this thread focus on manual trading, i just want to say if anyone creates a ea , please remember to implement s/r lines. without it the ea will fail. the pro version of this system posted at commercial content, as like always, happy trading
"TRADING AGAINST THE TREND IS LIKE STANDING AGAINST KATRINA TWISTER "
  • #79
  • Apr 22, 2014 3:47pm Apr 22, 2014 3:47pm
Quoting irfan.zee01
{quote} You can see TE I've created..
Good system
  • #80
  • Apr 24, 2014 2:37am Apr 24, 2014 2:37am
Quoting selva1437
hai to all......., there is is good news for all you people. will you people can answer the following questions? are you able to know when a reversal is going to happen in this chart? {image} in this chart it is easy to say the reversal point because it is completed pa. but i am asking in real mode? but if the same question asked to me, i will tell yes quite frankly. here comes the million dollar question how? now see the below image........ {image} second question where to enter the market at chart one at real mode?? now see the below...
Hi Selva
any new about this awesome indicator
thanks alot about your explanation
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