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Nihilist Forex Indicators

  • #3,821
  • Sep 6, 2014 10:44pm Sep 6, 2014 10:44pm
Quoting FerruFx
{quote} Be sure that both platforms have enough datas loaded for these timeframes.
Thank you for the hint.

Deleted all indicators and copied fresh ones into the folder but still not working. Uninstall-reinstall mt4, reload all indicators -> ok.
  • #3,822
  • Sep 7, 2014 3:18am Sep 7, 2014 3:18am
Quoting forexday
{quote} Hi Profit Daily, So you look at the HG Dash and the D1, H4 and H1 must all be in the same col. This means that all those time frames are heading in the same direction? The numbers 1-10 on top of the HG Dash, what do they mean? Is it showing the strength of the direction? We don't need to look at the ADX Dashboard? Thank you.
hi forexday, Holygrail dash represents mtf holygrail indicator not adx, look the charts below, hope you understand.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: hgM5.png Size: 297 KB
Click to Enlarge Name: hgH4.png Size: 362 KB
Every man who thinks ahead of his time is sure to be misunderstood.
  • #3,823
  • Sep 7, 2014 3:24am Sep 7, 2014 3:24am
Quoting adrazz
{quote} NUFF said!!
Hi adrazz, you welcome here. you are a old member of FF, we want to hear your experience in your fx journy.
thank you.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #3,824
  • Sep 7, 2014 3:27am Sep 7, 2014 3:27am
Quoting MKFXTrader
{quote} Make sure your MT4 is build 600+. Then make sure you have them in the right folder.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #3,825
  • Sep 7, 2014 3:33am Sep 7, 2014 3:33am
Quoting Nihilist
{quote} hi forexday, Holygrail dash represents mtf holygrail indicator not adx, look the charts below, hope you understand. {image} {image}
Thank you Nihilist
Take care.
  • #3,826
  • Sep 7, 2014 3:38am Sep 7, 2014 3:38am
Quoting smash1820
{quote} Ok, just finished writing this indicator. It's a spinoff from this thread. I will not be sharing the file just yet, as I literally just finished writing it, have not tested it yet, it is only set to work with IBFX as of now, and it is still a work-in-progress (to see what improvements can be made). It's basic stuff but could be useful. I like the dashboard for easy viewing. {image}
Hi smash, sorry for late response. i missed your post. thank you for your hard work. and what is the lattest development my friend?
thank you.
Every man who thinks ahead of his time is sure to be misunderstood.
  • #3,827
  • Sep 7, 2014 5:35am Sep 7, 2014 5:35am
Quoting priceaction7
{quote} hello brother, you are the best what so ever................. I noticed that you have an indi (adx) that looks like your majic indi ...that i saw elsewhere, is it available regards
hello nihilist........any news?
Regards
  • #3,828
  • Sep 7, 2014 6:23am Sep 7, 2014 6:23am
hi everyone
first ,thanks for the nihilist for sharing this system
im newbie for this thread , im wanna know is anyone using this system for the daily timeframe working nice ?
  • #3,829
  • Sep 7, 2014 9:03am Sep 7, 2014 9:03am
Quoting Nihilist
Daily sample trade useing new indi {image}
Hi Nihilist, currently trying to understand the entry point taken. Could you please explain why these 3 trades were taken because they have no bear ADX power to short? Is there any exception or it's just a random sample of vertical lines?

Thank you for sharing your indicators as well.
Attached Image (click to enlarge)
Click to Enlarge Name: Picture1.png Size: 944 KB
  • #3,830
  • Sep 7, 2014 9:11am Sep 7, 2014 9:11am
Quoting pastecopy
{quote} Hi Nihilist, currently trying to understand the entry point taken. Could you please explain why these 3 trades were taken because they have no bear ADX power to short? Is there any exception or it's just a random sample of vertical lines? Thank you for sharing your indicators as well. {image}
ADX can be look in different manners.

Of course when the colors are perfectly confirming the entry, that's the ideal and give a high probability trade.

But by looking at the previouses ADX, you can sometimes notice a start in "reversing" colors ... Example from red to orange, from green to blue ... is a sign of weakening of the initial direction.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3,831
  • Sep 7, 2014 10:58am Sep 7, 2014 10:58am
Hi Nihilist
Have been lurking on your thread for some time and downloaded your indicators just 3 of them.Since I believe less is more.
What I was thinking is this.Based on price movement trends never go in one direction straight line and do reverse.
Suppose all your boxes show green and you get all excited thinking wow lets go flat out long then 15min later you are in 50pip hole because you bought at exhaustion.Well you could not have known this by looking at your indies because they all are lagging and all painted green (3 main ones).
Simple solution is placing Bolonger Bands 20period 3rd deviation.When price goes into 3rd deviation one should be alert for good possibility of reversal or swing back to 20MA.This concept is the idea that price reverts to mean average more often then not that is 20MA
AS you can see from my chart going long here despite all 3 main indicators painting green is low probability trade
Regards
Attached Image (click to enlarge)
Click to Enlarge Name: CADCHF.Daily.png Size: 54 KB
In trading, you have to be defensive and aggressive at the same time
  • #3,832
  • Sep 7, 2014 11:10am Sep 7, 2014 11:10am
Quoting Davit
Hi Nihilist Have been lurking on your thread for some time and downloaded your indicators just 3 of them.Since I believe less is more. What I was thinking is this.Based on price movement trends never go in one direction straight line and do reverse. Suppose all your boxes show green and you get all excited thinking wow lets go flat out long then 15min later you are in 50pip hole because you bought at exhaustion.Well you could not have known this by looking at your indies because they all are lagging and all painted green (3 main ones). Simple solution...
Yes but in your example you are very late ... The LONG signal is far earlier (about 20 candles before). In fact the first signal after the Red.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3,833
  • Sep 7, 2014 11:18am Sep 7, 2014 11:18am
Quoting FerruFx
{quote} Yes but in your example you are very late ... The LONG signal is far earlier (about 20 candles before). In fact the first signal after the Red.
  • #3,834
  • Sep 7, 2014 11:21am Sep 7, 2014 11:21am
Quoting FerruFx
{quote} Yes but in your example you are very late ... The LONG signal is far earlier (about 20 candles before). In fact the first signal after the Red.
Thanks Ferru
I value your inputs.True however could you say YES still go long since all 3 indicators painting green?
What I am trying to get at what are perimeters in this system that says "Watch out what you think is all green long actually is not."
Sort of filter MA's are not good filter because they lag.
Just brainstorming.I see value in this system and that's why I am posting here.

Edit:
Just realized the value of ADX.That's should give heads up.
Thanks
In trading, you have to be defensive and aggressive at the same time
  • #3,835
  • Sep 7, 2014 2:42pm Sep 7, 2014 2:42pm
Quoting Davit
{quote} Thanks Ferru I value your inputs.True however could you say YES still go long since all 3 indicators painting green? What I am trying to get at what are perimeters in this system that says "Watch out what you think is all green long actually is not." Sort of filter MA's are not good filter because they lag. Just brainstorming.I see value in this system and that's why I am posting here. Edit: Just realized the value of ADX.That's should give heads up. Thanks
actually when trading ADX from nihilist , we usually enter the trade within the first 3 changing ADX eg , last 4th bar adx show 2 ornage 1 red, last 3rd bar shows 3 pale blue bars of adx( we may enter here ), last 2nd bar shows 2 green and 1 pale blue on adx , last bar shows 3 green bar on adx ( all out ) .

Although ur filtering system using bb is really good as it can spot re entry of trades much easier, thumbs up for DAVIT !
  • #3,836
  • Sep 7, 2014 6:28pm Sep 7, 2014 6:28pm
hi.

just a quick questions; does these indicators repaint?
  • #3,837
  • Sep 7, 2014 6:48pm Sep 7, 2014 6:48pm
Quoting billy123
hi. just a quick questions; does these indicators repaint?
Just a quick question : did you read the thread ?
MT4/MT5 EAs/Indicators/Alerts coder
  • #3,838
  • Sep 7, 2014 6:51pm Sep 7, 2014 6:51pm
Quoting Davit
True however could you say YES still go long since all 3 indicators painting green?
The answer is no because you are no longer at the beginning of the signal which was 20 candles earlier. An entry here may be at the end of the up move ... may be not ... so not an ideal trade.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3,839
  • Sep 7, 2014 11:00pm Sep 7, 2014 11:00pm
Quoting billy123
hi. just a quick questions; does these indicators repaint?

Ultratrend repaints or recalculates as many use to say now, the others I dont think so.
Indicators always obey Price, not the other way.
  • #3,840
  • Sep 8, 2014 1:36am Sep 8, 2014 1:36am
Hi guys, silent lurker here
How's EU on 1hr timeframe.
I entered short. Is that right?
IDK how to upload my screenshot D:
http://tinypic.com/r/2qmkojb/8
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