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  • #3,041
  • Dec 30, 2014 3:11pm Dec 30, 2014 3:11pm
Quoting GodsClown
{quote} Hi, I changed it like you suggested. I deleted the CCi settings except for the period setting plus added arrow size. Question: Do you use it only on M1 timeframe or is it good to have the possibility of for example M5 arrows on M1 timeframe? Also, can you pls tell me the calculation of TTindy (via pm if not public)? Because I like to ad them to the indi. Then afterwards can also have your name, since it is your strategy. {quote} After it's complete. {image} {file}
is it possible to have an option to select what timeframe you like to use?What i mean is lets say the first input setting is timeframe.eg if you put 15 cos your looking at 15 min chart it auto calcs setting for that timeframe and you have your indicator arrows.i know default is 1min but this trading method can be applied to any timeframe....this way each trader can choose what he ahe woukd like to trade.
  • #3,042
  • Edited 3:54pm Dec 30, 2014 3:43pm | Edited 3:54pm
Quoting GodsClown
{quote} Hi, I changed it like you suggested. I deleted the CCi settings except for the period setting plus added arrow size. Question: Do you use it only on M1 timeframe or is it good to have the possibility of for example M5 arrows on M1 timeframe? Also, can you pls tell me the calculation of TTindy (via pm if not public)? Because I like to ad them to the indi. Then afterwards can also have your name, since it is your strategy. {quote} After it's complete. {image} {file}
Do you use it only on M1 timeframe or is it good to have the possibility of for example M5 arrows on M1 timeframe?

I think you could achieve that easily enough by using the CCI set to 70 lookback as that equates to 14 x 5mins = 70, the arrow would then give a 5 min signal, especially if you changed the signal to when the cci recrossed the 100levels eg a buy signal would be after the cci goes down below the -100 level and then recrosses back up over the -100 level, thats the normal cci signal for a buy....

Also, can you pls tell me the calculation of TTindy (via pm if not public)? Because I like to ad them to the indi. ...........

Thats fairly easy its the gradient calculation for the 100lwma(when 100lwma is selected in inputs) here is the calculation we used...


The method to calculate the Gradient is:
Divide the change in height by the change in horizontal distance
Gradient =
Change in Y
Change in X
http://www.mathsisfun.com/images/gradient0.gif
Examples:
http://www.mathsisfun.com/images/gradient1.gif The Gradient of this line =
3
3
= 1
So the Gradient is equal to 1

http://www.mathsisfun.com/images/gradient3.gif

Gradient =
4
2
= 2


The line is steeper, and so the Gradient is larger.

http://www.mathsisfun.com/images/gradient2.gif

Gradient =
3
5
= 0.6


The line is less steep, and so the Gradient is smaller.

I'm not sure how you plan to use it but it does make sense to use the slope calculation to measure the strength of the trend, just not sure how you intend to use it?? If it helps call me on skype and we can talk it through, have sent you a PM with skype address give me a call...

Thanks again for all your work its looking very promising...

Heres the source code for the TTindy if its of any help...
Attached File(s)
File Type: mq4 #top 8 trenders all brokers.mq4   7 KB | 469 downloads
Feel the Fear and do it anyway!!!
  • #3,043
  • Dec 30, 2014 4:14pm Dec 30, 2014 4:14pm
Ah ok, I see. Calculation is kinda easy. The difficulty is to decide, when a trend is strong. At which gradient.
Any idea?
  • #3,044
  • Dec 30, 2014 4:28pm Dec 30, 2014 4:28pm
Quoting GodsClown
Ah ok, I see. Calculation is kinda easy. The difficulty is to decide, when a trend is strong. At which gradient. Any idea?

Good question, I think its over 20 at least and maybe 30 to be safe..

GBPJPY right now is saying 20 and looks OK but not strong really... I guess te thing is the TTindy is looking at 28 pairs so if we stick to the top 4 we should have a chance but like you say if we set a minimium it would make sense.

That being the case I would say 30 plus is good to go..
Feel the Fear and do it anyway!!!
  • #3,045
  • Edited 8:38pm Dec 30, 2014 6:40pm | Edited 8:38pm
Hi Clive,
what lookback settings do you prefer for higher timeframes M15 ,M30, H1?
And what gradient for higher timeframe?
  • #3,046
  • Dec 30, 2014 7:09pm Dec 30, 2014 7:09pm
Quoting GodsClown
Ok, the Beta is done. Let me know what you think of it. Rules: to get BUY signal, fast MA must be > slow Ma and Price must cut fast MA from down to over with CCi>100, opposite for SELL signal. Trending signal is when Price > fast MA >slown MA with 100>CCi, opposite for Correction signal. NewTrend signal in buy diection is when Price > slow Ma > fast MA, opposite for sell direction. Fast MA is 35lwma and slow MA is 100lwma. CCi period is 14. We can also just work with CCi 14 and 100Lwma. {file} {image}
Great piece of indicator GodsClown and thank you for the user options you left on it too.
Low Risk Low Stress High Reward High Probability Trades
  • #3,047
  • Dec 30, 2014 8:50pm Dec 30, 2014 8:50pm
Quoting devontrader
{quote} is it possible to have an option to select what timeframe you like to use?What i mean is lets say the first input setting is timeframe.eg if you put 15 cos your looking at 15 min chart it auto calcs setting for that timeframe and you have your indicator arrows.i know default is 1min but this trading method can be applied to any timeframe....this way each trader can choose what he ahe woukd like to trade.
So you want M15 arrows on M1 chart? Or do you want, if timeframe change also settings change?

I don't realy understand you, sorry. What do you mean with auto calc?
  • #3,048
  • Dec 30, 2014 9:12pm Dec 30, 2014 9:12pm
Now I have added the TTindy calculation to the indy. What you think about only pointing arrows if it is a strong trending corrency pair? Like Clive suggested on M1 over 30.
  • #3,049
  • Dec 30, 2014 11:07pm Dec 30, 2014 11:07pm
Quoting GodsClown
Now I have added the TTindy calculation to the indy. What you think about only pointing arrows if it is a strong trending corrency pair? Like Clive suggested on M1 over 30.
I hope everyone had a great Xmas and will have a happy new year. I think 2015 is gonna be a cracker!!

That would be good if you can have it as a variable input. The idea was always to try and get in on the first system trade.

You cannot go back and see what the TT looked like at the start of a run unless you are talking pics the whole time. With a variable TT input the arrows would change as the number changes 30 to 20 say. That would make back tests a lot easier trying to see what slope looks like at the start of decent moves.

Thanks for your efforts.
  • #3,050
  • Dec 31, 2014 2:08am Dec 31, 2014 2:08am
Quoting GodsClown
Now I have added the TTindy calculation to the indy. What you think about only pointing arrows if it is a strong trending corrency pair? Like Clive suggested on M1 over 30.
Hi Godsclown

First of all thanks for all the hard work you are putting in its great... but I think there will be a fair bit of trial and error here to get it right...so hope you're a patient man???

To answer your question yes I do think it would be good to have a strength input but like Mr V is suggesting could it be variable so each trader could set it as he /she wants?? For instance 30 would suit me but others might like it more or less sensitive..Also we could then adjust it for the type of day we are experiencing??

As for using it on different timeframes I think yes that would be cool if possible because this strategy can be used on all timeframes. Could you make it so that it trades the same settings depending on what timeframe it sits on or is it easier to have an input to set the timeframe?? I don't know which is easier to code???

If we have a choice it makes sense to me to trade the timeframe of the chart its sitting on...

I'm interested to see how you've incorporated the TTindy settings???

Good luck...
Feel the Fear and do it anyway!!!
  • #3,051
  • Dec 31, 2014 2:18am Dec 31, 2014 2:18am
Quoting Vantage
{quote} I hope everyone had a great Xmas and will have a happy new year. I think 2015 is gonna be a cracker!! That would be good if you can have it as a variable input. The idea was always to try and get in on the first system trade. You cannot go back and see what the TT looked like at the start of a run unless you are talking pics the whole time. With a variable TT input the arrows would change as the number changes 30 to 20 say. That would make back tests a lot easier trying to see what slope looks like at the start of decent moves....
Morning Mr V.

Hope you had a nice Christmas too in your new home..

Got a lot going on at the moment with new job and the Xmas holidays etc so not much trading going on but must catch up soon for a chat...
Feel the Fear and do it anyway!!!
  • #3,052
  • Dec 31, 2014 2:41am Dec 31, 2014 2:41am
Nothing really setting up as strong across the board this morning so looks like the "Good Old London boys" are still enjoying their Christmas break. Don't expect too much action until they're back probably next week...

TTindy hasn't gone much above 30 either so not even a really strong move from any individual pairs so unless something kicks off in next hour could be a dull LO...
Attached Image
Feel the Fear and do it anyway!!!
  • #3,053
  • Dec 31, 2014 2:58am Dec 31, 2014 2:58am
Ahhh GBPCHF looking good for a long... EUR weak GBP strong so GBPCHF the perfect choice, pullback to 1.5400 would be cool as a perfect 61.8 fib move too...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchfm1.png Size: 60 KB
Feel the Fear and do it anyway!!!
  • #3,054
  • Dec 31, 2014 3:12am Dec 31, 2014 3:12am
Took the early move... but it turned back down for a quick BE...
Attached Image (click to enlarge)
Click to Enlarge Name: perfect setup.png Size: 62 KB
Feel the Fear and do it anyway!!!
  • #3,055
  • Dec 31, 2014 4:13am Dec 31, 2014 4:13am
Just took this EURJPY setup top of TTindy JPY strong EUR weak so took a break and retest of 25 level...
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym1.png Size: 61 KB
Feel the Fear and do it anyway!!!
  • #3,056
  • Dec 31, 2014 4:25am Dec 31, 2014 4:25am
Took 19 pips at BRN 145.00....
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym1.png Size: 61 KB
Feel the Fear and do it anyway!!!
  • #3,057
  • Edited 5:03am Dec 31, 2014 4:48am | Edited 5:03am
Quoting clivepackham
Just took this EURJPY setup top of TTindy JPY strong EUR weak so took a break and retest of 25 level... {image}
Good job Clive I was watching it too but opted for GJ instead and out with just few pips on pullback. Watching for possible downtrend resumption on this pullback, otherwise I will be closing the trading year shortly and will see you folks in the New Year and wishing all and your families the best in 2015.

Shalom and God bless

George
Low Risk Low Stress High Reward High Probability Trades
  • #3,058
  • Dec 31, 2014 5:08am Dec 31, 2014 5:08am
Quoting 919gilead
{quote} Good job Clive I was watching it too but opted for GJ instead and out with just few pips on pullback. Watching for possible downtrend resumption on this pullback, otherwise I will be closing the trading year shortly and will see you folks in New Year and wishing all and your families the best in 2015. Shalom and God bless George
Hi Goerge

Great to have you around hope you keep popping in, in the New Year??

Tricky day today as no real strong trends that made any good moves but pleased to have the discipline to not trade unless it sets up correctly...I'm going to try and only trade AAA+ setups in the New Year, but I'm thinking about trading at 1% per pip again like the old days on Dnabrazils thread.

Do you still trade at 1% per pip??
Feel the Fear and do it anyway!!!
  • #3,059
  • Dec 31, 2014 5:31am Dec 31, 2014 5:31am
Inserted Code
extern int    Timeframe1         = PERIOD_M1;   //first MA timeframe
extern int    Timeframe2         = PERIOD_M5;   //second MA timeframe
extern int    Timeframe3         = PERIOD_M15;  //third MA timeframe
extern int    Timeframe4         = PERIOD_H1;   //fourth MA timeframe
extern string note1              = "Trend streng Mode: 0=MA slope, 1=MA Cross";
extern int    Calculation_Mode   = 0;
extern string note2              = "MA slope settings";
extern int    Ma_length          = 100;        
extern int    Ma_Method          = MODE_LWMA;  
extern int    Ma_Price           = PRICE_CLOSE;
extern int    Ma_lookback_tf1    = 15;
extern int    Ma_lookback_tf2    = 12;
extern int    Ma_lookback_tf3    = 15;
extern int    Ma_lookback_tf4    = 12;
extern int    Strong_Trend_Value_tf1 = 30;
extern int    Strong_Trend_Value_tf2 = 30;  
extern int    Strong_Trend_Value_tf3 = 80;  
extern int    Strong_Trend_Value_tf4 = 240;              
extern string note3              = "MA cross settings";
extern int    FastMa             = 35;          //fast MA Priod
extern int    FastMaShift        = 0;           //fast MA Shift
extern int    FastMAMethod       = MODE_LWMA;   //fast MA Mode
extern int    FastMAPrice        = PRICE_CLOSE; //fast MA Price
extern int    SlowMa             = 100;         //slow Ma Period
extern int    SlowMaShift        = 0;           //slow MA Shift
extern int    SlowMAMethod       = MODE_LWMA;   //slow MA Mode
extern int    SlowMAPrice        = PRICE_CLOSE; //slow MA Price
extern string note4              = "Color_Settings";
extern color  StrongUp           = Lime;
extern color  StrongDn           = Red;
extern color  WeakUp             = Green;
extern color  WeakDn             = FireBrick;
extern color  NewTrend           = Yellow;
extern string note5              = "Arrow_Settings";
extern bool   ShowArrows         = false;
extern int    ArrowSize          = 2;
extern string note6              ="Arrow_Mode";
extern string note7              ="0=All Trends/first weaker CCi; 1=strong Trends/first weaker CCi";
extern string note8              ="2=All Trends/CCi Value; 3=strong Trends/CCi Value";
extern int    Arrow_Mode         = 0;
extern int    CCiPeriod          = 14;
extern int    Ma_lookback_for_Strong_Trend       = 15;
extern int    Strong_Trend_Value = 30;
extern int    plus_CCi_value_reach = 100;
extern int    minus_CCi_value_reach= -100;
extern int    plus_CCi_value_return  = 100;
extern int    minus_CCi_value_return = -100;
extern int    TextOffSetFromRight= 2;           //x Position
extern int    TextOffSetFromTop  = 15;//100;    //y Position
extern int    DisplayCorner      = 1;            //corner
/*extern string arrowsIdentifier = "ac Arrows1";
extern double arrowsUpperGap   = 1.0;
extern double arrowsLowerGap   = 1.0;
extern color  arrowsUpColor    = LimeGreen;
extern color  arrowsDnColor    = Red;
extern int    arrowsUpCode     = 233;
extern int    arrowsDnCode     = 234;*/
extern string note9            = "turn on Alert = true; turn off = false";
extern bool   alertsOn         = false;
extern bool   alertsOnCurrent  = true;
extern bool   alertsMessage    = true;
extern bool   alertsSound      = true;
extern bool   alertsEmail      = false;
extern string soundfile        = "alert2.wav";

Ok, now play with it.
Attached File(s)
File Type: ex4 MA crosses CCi_alerts(Beta)5.ex4   38 KB | 326 downloads
  • #3,060
  • Dec 31, 2014 5:52am Dec 31, 2014 5:52am
Quoting skyway
{quote} GodsClown, great effort to increase the functionality to accommodate for the various input demands....... If you trade off this arrow signals, the main problem is the discretionary aspect around it. 1. Will you make trades whenever signals appear or are there other qualifying requirements or filters ? 2. Will you take trades when the signal arrow does not appear BUT by other means you may 'feel' a good setup has just been formed BUT outside of this defined specification ? The last EJ trade that clive took was without the CCI[14]...
I don't trade the arrows, since the settings are not good jet. To find good tradable settings would be the next step. It is also up to the trader if he trust his stomach or not. For beginners, don't trust your stomach.
But let's ask clive, why he did not go with his strategy.
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