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Nihilist Forex Indicators

  • #241
  • Jun 18, 2014 10:35pm Jun 18, 2014 10:35pm
Justin7,what you look for here? if you look at the button to buy and the button to sell, you won't find it here, but you can try to look for it in other place.

There is no mathematical formula which will allow to predict further behavior of the price. It is impossible.
But for this purpose the brain also is given
to analyze. And in use tools for simplification of this task.

Nihilist offered personal option, and already several times explained how it can be used.
Therefore, please,To show respect, and to start thinking independently.It will help you.
Imagination is more important than knowledge.
  • #242
  • Jun 18, 2014 10:39pm Jun 18, 2014 10:39pm
Quoting justin7
well the best thing about this indicator is that it works hard at making it look like every trade is a winner. This thing repaints way way too much to make itself look good
With any repain indocators you cannot do any back testing that is only problem.
but you can always do forward testing in demo account , when every you enter/ exit trade, take a screen shot and store and than anlyse it.

any repainting indocator in back testing looks great better than forward testing.

I think if some one can do forward testing with screen pic that will be the real testing..........

thanks
  • #243
  • Jun 18, 2014 10:41pm Jun 18, 2014 10:41pm
Quoting KrisBeli
{quote} what do you look for here? if you look for the button to buy and the button to sell, you won't find it here, but you can try look for it in other place. There is no mathematical formula which will predict future behavior of the price. It is impossible. But exactly for this purpose the brain also is given to analyze. And to use tools for simplification of this task. The Nihilist offered the his personal option, and already several times explained as it it is possible to use. Therefore, please ?show respect, and begin think independently.It...
The whole premise of this system is based on the indicator (that's all that are shown on the good trade setups)

If the signals given by it can't be trusted because they change the past, then this whole system then has no basis as being true.
  • #244
  • Jun 18, 2014 10:44pm Jun 18, 2014 10:44pm
Quoting justin7
well the best thing about this indicator is that it works hard at making it look like every trade is a winner. This thing repaints way way too much to make itself look good
so ,what is your suggestion now? what should I do??
Every man who thinks ahead of his time is sure to be misunderstood.
  • #245
  • Jun 18, 2014 10:45pm Jun 18, 2014 10:45pm
Quoting mkfx
{quote} With any repain indocators you cannot do any back testing that is only problem. but you can always do forward testing in demo account , when every you enter/ exit trade, take a screen shot and store and than anlyse it. any repainting indocator in back testing looks great better than forward testing. I think if some one can do forward testing with screen pic that will be the real testing.......... thanks
I already did and you can too for yourself. Put it up on a smaller time frame like 15m and see that it will change the past and suddenly appear with entries to fit the past and make the indicator look better for itself. Just mark a line on every entry each time the color direction has changed (use just the main"nihilist_ultra_trend" indicator). Wait until the bar closes. Sometimes though the entry will be added a candle or two back before the current one so it will also appear on past candles and not just the start of the current..the indicator works well at making itself look like it's better than it is if you were to just look at the past..
  • #246
  • Jun 18, 2014 10:50pm Jun 18, 2014 10:50pm
Quoting justin7
{quote} I already did and you can too for yourself. Put it up on a smaller time frame like 15m and see that it will change the past and suddenly appear with entries to fit the past and make the indicator look better for itself. Just mark a line on every entry each time the color direction has changed (use just the main"nihilist_ultra_trend" indicator). Wait until the bar closes. Sometimes though the entry will be added a candle or two back before the current one so it will also appear on past candles and not just the start of the current..the indicator...

Without comments.
Imagination is more important than knowledge.
  • #247
  • Jun 18, 2014 10:52pm Jun 18, 2014 10:52pm
Quoting justin7
{quote} I already did and you can too for yourself. Put it up on a smaller time frame like 15m and see that it will change the past and suddenly appear with entries to fit the past and make the indicator look better for itself. Just mark a line on every entry each time the color direction has changed (use just the main"nihilist_ultra_trend" indicator). Wait until the bar closes. Sometimes though the entry will be added a candle or two back before the current one so it will also appear on past candles and not just the start of the current..the indicator...
I told at1st post, not to use it lower then H4 tf .
It repaints, everybody knows, we are making money, but you only barking, why?
Every man who thinks ahead of his time is sure to be misunderstood.
  • #248
  • Jun 18, 2014 11:04pm Jun 18, 2014 11:04pm
Quoting Nihilist
{quote} I told at1st post, not to use it lower then H4 tf . It repaints, everybody knows, we are making money, but you only barking, why?
Nihilist, I must commend you for the open way you are directing this thread.
You tell it like it is.
In spite of this, some people are simply looking for problems rather than solutions.
If I can add something to this, I have found that your 4H indicator works well if price responds quickly after it is revealed. If it gets 4 or 5 candles old and has not had any response, It becomes stale and could be worth ignoring.
This is not a criticism of the indicator, it is simply a comment that other factors are entering the market.
After all, the market is event driven, not indicator driven.
Cheers, H
  • #249
  • Jun 18, 2014 11:46pm Jun 18, 2014 11:46pm
Good day,

Played with one of the filter indi's a little - swopped some colors around to indicate opposite. Added a few things from my side in an attempt to see if I can find value . Attempting to put together a 4hr and daily setup with the key purpose of finding areas of entry. Attempting to find an "early warning". Could end up a non starter though.

Just testing.

GU 4hr is now showing possible short opportunity for a few pips.

I'm leaving for meetings now.

Regards
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  • #250
  • Jun 18, 2014 11:50pm Jun 18, 2014 11:50pm
Quoting Nihilist
let us think-, no.1 candle- Lime color & other condition permits (2 filters, adx, sup/res), we take a long trade. after no.3 candle- it will go upward 100 pips then we close the trade and gain 100 pips. after no.5 candle -it moved down 300 pips and repaint past 5/6 candle.( lime to red/orange) now, if we look back past, then we can see there was no long trade's opportunity - this is present truth. but we got a signal there and made 100 pips , is it false? no, it was that time's reality . it repaints but we took 100 pips. hope , I explained it by...
I got it . Very good, thank you!
  • #251
  • Jun 18, 2014 11:52pm Jun 18, 2014 11:52pm
Hi Nihilist, Just read thru ur thread. Thanks a million for a wonderful set of indys....Loading them up and will post updates on trades ive taken. Thanks
Enter Signature
  • #252
  • Jun 18, 2014 11:54pm Jun 18, 2014 11:54pm
EURJPY 4h
wait for close of this candle . A chance maybe ?
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  • #253
  • Jun 19, 2014 12:45am Jun 19, 2014 12:45am
Observing. Find Nihilist's adx indicator easier to read than Alien's much as I appreciate Alien's work, his nature, and his leadership style. I use 3 Bollinger bands for the most successful way to trade, plus a few moving averages. ADX as Alien uses it is detailed and visual - as is Nihilist's but in a different way.
  • #254
  • Jun 19, 2014 12:57am Jun 19, 2014 12:57am
Quoting messicr
EURJPY 4h wait for close of this candle . A chance maybe ? {image}
Look the adxs , they are loosing strength. you should examin the adxs on the whole chart, find there- where price move rapidly, where slowly, and where normal , study the 5 rows color combination deeply. try to undrestand the rhythm of ADXs. it is very helpful tool.
Thanks.
-Nihilist.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #255
  • Jun 19, 2014 1:00am Jun 19, 2014 1:00am
Quoting Phoenixpg1
Hi Nihilist, Just read thru ur thread. Thanks a million for a wonderful set of indys....Loading them up and will post updates on trades ive taken. Thanks
you wel-come here,Phoenixpg1.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #256
  • Jun 19, 2014 1:02am Jun 19, 2014 1:02am
Quoting Greenstar
Observing. Find Nihilist's adx indicator easier to read than Alien's much as I appreciate Alien's work, his nature, and his leadership style. I use 3 Bollinger bands for the most successful way to trade, plus a few moving averages. ADX as Alien uses it is detailed and visual - as is Nihilist's but in a different way.
I got the 5 ADXs idia from my guru Mr.Alien's thread. but i use it in defferent style.
thank you Greenstar.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #257
  • Jun 19, 2014 1:30am Jun 19, 2014 1:30am
Quoting messicr
EURJPY 4h wait for close of this candle . A chance maybe ? {image}
Hii,

I think it is not a good trade to take i am long in this because adx is bullish over bearish... and good strength of trend I hope Nihilist will agree my thoughts..
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  • #258
  • Jun 19, 2014 3:54am Jun 19, 2014 3:54am
Quoting Nihilist
{quote} Look the adxs , they are loosing strength. you should examin the adxs on the whole chart, find there- where price move rapidly, where slowly, and where normal , study the 5 rows color combination deeply. try to undrestand the rhythm of ADXs. it is very helpful tool. Thanks. -Nihilist.

Hi good morning.. took another long trade on EJ, so far so good

Can you please tell me (us) what do they mean these 5 rows of the adxs?

Thank you
  • #259
  • Jun 19, 2014 4:05am Jun 19, 2014 4:05am
Quoting mkfx
{quote} With any repain indocators you cannot do any back testing that is only problem. but you can always do forward testing in demo account , when every you enter/ exit trade, take a screen shot and store and than anlyse it. any repainting indocator in back testing looks great better than forward testing. I think if some one can do forward testing with screen pic that will be the real testing.......... thanks
You can use the strategy tester. Add the indi and see how it behave.
  • #260
  • Jun 19, 2014 4:05am Jun 19, 2014 4:05am
the same question, how to use ADXS? THANKS
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