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Nihilist Forex Indicators

  • #401
  • Jun 22, 2014 6:23am Jun 22, 2014 6:23am
Quoting civilpes2001
Hi Nihilist, ca you please make the template in the order of ultratrend to come at the top and the adx indi below it. I tried to do it but couldn't able to replicate the same. My opinion is that it is much easier to go from the main indi and substitute indi (ADX indi), so that one don't confuse with the setup and it is much easier to focus on the indis just my 2 cents. thanks in advance
Please see the 1st post.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #402
  • Edited 7:30am Jun 22, 2014 6:30am | Edited 7:30am
Quoting drmkhan
hi nihilist, great work! well done! I have all those indicators uploaded and ready to use on live trade. I notice that the new template provides two additional moving average. Could you please highlight how to read and utilize the moving averages in relation to the price movement such as what to expect when one crosses the other. And also how do the two moving averages relate itself to the existing moving average and price action? Thank you. regards
we can use this system without any MA.but I use the MAs because i can clearly visualise the trend by them.
price over the TCCI (green),
tcci over the 21ema(magenta),
21ema over the 34ema (darkturquoise),
34ema over the 60ema(yellow) is the best setup for long.
(we have to sure about that the all ltf(M5 to H1) are the same setup,and D1 is already in long trend or heading long.)
**when sudden turn up of tcci, price clearly over the tcci then it may be the beggining of a huge movement (long).

vice versa for short trade.

if you explore any chart, then you can find out many setups to price movement, note the combination of histogram color of different indi, candle and MAs position order( up/down/slope of ma etc.). for safe trading you have to spent huge times in chart reding.

Thank you.
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Every man who thinks ahead of his time is sure to be misunderstood.
  • #403
  • Jun 22, 2014 6:58am Jun 22, 2014 6:58am
Hi Nihilist, thank you for indicators..... In your UT indicator v2, does the grey color repaint (change color)?
  • #404
  • Jun 22, 2014 7:10am Jun 22, 2014 7:10am
Interesting thread. Subscribed it!
Thanks.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #405
  • Edited 7:32am Jun 22, 2014 7:19am | Edited 7:32am
Quoting Greenstar
{quote} Nihilist: This system is absolutely great - . It suits me perfectly, so far. It kind of came out of the blue - I feel very enthusiastic about it - never expected to find a system that fits so well. Focusing on just one minor question about post #1, now that we have an an UltraTrend v2. 1. Does DimGray replace, in a way, the violet we had on the older version? 2. Should we revise in our minds the exit rules especially for the buy trade: - to substitute DimGray for violet for the buy exit rule stated in post #1 which was to: exit when violet...
Hi Greenstar, there is some difference in older version and V2.

1. violet and dodgerblue are removed from the v2, dimgray are not replaced here, the idea of violet was "slow/weak down trend" and dodgerblue was "slow/weak uptrend". now dimgray represents "Neutral movement". the internal architecture is redesigned in V2. if you compared the 2 indis in same chart then you can see the differences (though it is very little to shows in historical chart, but you can find it in run time).

2. now exit buy based on violet & exit sell based on dodgerblue are no longer in our systems, now we can use red for exit buy and lime for exit sell. I mean in "other indications" are not only the signal of 2 filters. you have to pay attention to the signal of ADX also, if lower time frame like h1/m30/m15 sudden change their direction -it is also demand our concentration.

after all technical analysis is not pure science like Physics or Mathematics. we are using some mathematical terms in our trading (GANN, Fibo etc) we also uses many geometrical shapes in chart reading.
but after all it is arts, so it is not bound by any law, we can use different strategy in different situation.

so when you feel uneasy in staying in a trade just leave it and find a new trade.

Thank you for your query.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #406
  • Jun 22, 2014 7:27am Jun 22, 2014 7:27am
Quoting Nihilist
{quote} He Helee, yes I done it intentionally, personally i give the highest priority to the adxs over any other indi. but you can use any way whatever you like. i uploaded another template (to the 1st post) where indis are sitting on previous way. Thank you.
Thank you very much.

Your comments and views are also highly appreciated.
  • #407
  • Jun 22, 2014 7:35am Jun 22, 2014 7:35am
Quoting heispark
Interesting thread. Subscribed it! Thanks.
welcome my friend.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #408
  • Jun 22, 2014 7:56am Jun 22, 2014 7:56am
Quoting Nihilist
{quote} Please see the 1st post.

Hey thanks mate,
  • #409
  • Jun 22, 2014 8:52am Jun 22, 2014 8:52am
Quoting Jack2000
Hi Nihilist, thank you for indicators..... In your UT indicator v2, does the grey color repaint (change color)?
Hi Jack2000,
dimgray can turn lime or red, red can turn to gray,lime can turn to gray.

I explained it before, - what is the philosophy behind it.
I am trying to explain it again-

After closing every candle it is recalculates, for give us the real picture of current situation.
thats why i can see the yesterday with todays view, not with the yesterday's view,
This is the beauty of this indicator.

we need not see the past, it is rebuilding the past for guess the future trend easily.
latest closing candle may change in future, but that is for future's sake.
current signal tells the present truth.

let us think as example-,
after colosing no.1 candle- ultra trend shows 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 dimgray) and now gives a sell signal, we take a short trade now.
after no.6 /7 candle it moved down more 200 pips and we close our trade again with gaining 200 pips
now, if we look back past, then we can see that there were no long trade's opportunity (dimgray) on 1st candle - this is present truth.
but we got a signal there and made 100 pips , is it false? is it harmful? no, it was that time's reality.
it repaints the color but we took 100 pips. after that we got sell signal enter the trade and made more pips.

Thank you all.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #410
  • Jun 22, 2014 9:03am Jun 22, 2014 9:03am
Quoting Nihilist
{quote} Hi Jack2000, dimgray can turn lime or red, red can turn to gray,lime can turn to gray. I explained it before, - what is the philosophy behind it. I am trying to explain it again- After closing every candle it is recalculates, for give us the real picture of current situation. thats why i can see the yesterday with todays view, not with the yesterday's view, This is the beauty of this indicator. we need not see the past, it is rebuilding the past for guess the future trend easily. latest closing candle may change in future, but that is for...
Thank you for explanation
  • #411
  • Jun 22, 2014 9:39am Jun 22, 2014 9:39am
Quoting Nihilist
3.) buy-
1st histogram- Lime.
2nd histogram- lime or dodgerblue
3rd histogram- lime or dodgerblue.
4.) Sell--
1st histogram (ultra trend)- Red.
2nd histogram (utf-1)- red or orange
3rd histogram (utf-2) - red or orange
Tell me please, did you mean histogram at current bar or previous? If i see all of histograms have Lime color - i can enter trade or should i wait when the candle closes?
  • #412
  • Jun 22, 2014 10:11am Jun 22, 2014 10:11am
Hi Nihilist is rsioma part of this?
  • #413
  • Jun 22, 2014 10:27am Jun 22, 2014 10:27am
Quoting perajok
{quote} Tell me please, did you mean histogram at current bar or previous? If i see all of histograms have Lime color - i can enter trade or should i wait when the candle closes?
always we consider the close candle, so it is must previous bar.
thank you for posting.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #414
  • Edited 10:52am Jun 22, 2014 10:31am | Edited 10:52am
Quoting aje6767
Hi Nihilist is rsioma part of this?
hello aje6767,
no, this is not part of rsioma. rsioma also a very powerful tools of trend.
thank you.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #415
  • Jun 22, 2014 10:35am Jun 22, 2014 10:35am
Hi Nihilist,

I just download metatrader 4 for demo account from FXDD. I copied your indicators into the indicator file, but when I open the metatrader and look for your indicators under customs indicator, it doesn't show. Did I make anything wrong? Or should I try to download metatrader from other broker?
  • #416
  • Jun 22, 2014 12:12pm Jun 22, 2014 12:12pm
1 more question, do indi UTF-1 and UTF-2 repaint when candle close?
  • #417
  • Jun 22, 2014 12:34pm Jun 22, 2014 12:34pm
Quoting khunvi
Hi Nihilist, I just download metatrader 4 for demo account from FXDD. I copied your indicators into the indicator file, but when I open the metatrader and look for your indicators under customs indicator, it doesn't show. Did I make anything wrong? Or should I try to download metatrader from other broker?
hi khunvi,
where you paste those files - expert/indicators or MQL4/indicators? last one is the right location. do it again and restart the MT4.
thank you.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #418
  • Jun 22, 2014 12:35pm Jun 22, 2014 12:35pm
Quoting Jack2000
1 more question, do indi UTF-1 and UTF-2 repaint when candle close?
those indicators are never repaints after candle close.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #419
  • Jun 22, 2014 12:49pm Jun 22, 2014 12:49pm
Quoting Nihilist
{quote} those indicators are never repaints after candle close.
Please post this information on 1st post,it is getting annoying to see so many questions.
Thank you.
Work smarter,not harder
  • #420
  • Jun 22, 2014 12:59pm Jun 22, 2014 12:59pm
Quoting marcof91
{quote} Please post this information on 1st post,it is getting annoying to see so many questions. Thank you.
hello marcof91, I will do it soon. thank you very much.
Every man who thinks ahead of his time is sure to be misunderstood.
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