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  • #1,101
  • Feb 23, 2015 11:07am Feb 23, 2015 11:07am
Although. Look at the GBPUSD. The 5min number on the Trending Indy kept rising slowly and look at the chart, if I had looked at the chart which I admit I did not I would have taken the first entry based on PA which would have yielded 80 ish pips, the second entry would have yielded 50ish pips, so it could be a matter of interpretation of the numbers which only time will reveal, none the less I am going to play around with the settings and see if I can make it a little more responsive to the change in direction so it can be used for CT scalps, worth a look any way.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 230215.png Size: 42 KB
Cut your Losers short and let your Winners run.
  • #1,102
  • Edited 11:25am Feb 23, 2015 11:13am | Edited 11:25am
Quoting dee50
EU +47 +ongoing sl @ B/E +25. Bit optimistic I think, but potted 47 with sl in profit so why not have a go. The only problem with the trending indicator is that it is very late., you still need to use experience to take trades. {image}
Hi Dee50

You can speed up the TTindy by reducing the size of the lwma I set it for 100lwma for the 1 min but you can use whatever MA you want...

Try a 35lwma if you want to scalp the most powerful short term trends...Of course a 35lwma on a 5min is not a million miles away from the 100lwma on the 1 min, actual number is 175lwma on 1 min equals 35lwma on 5 min, its all just a matter of what you're after...
Feel the Fear and do it anyway!!!
  • #1,103
  • Feb 23, 2015 11:26am Feb 23, 2015 11:26am
Quoting clivepackham
{quote} Hi Dee50 You can speed up the TTindy by reducing the size of the lwma I set it for 100lwma for the 1 min but you can use whatever MA you want...
Yes, thanks for the info, I have just tried it by setting the 1min to "20" and putting a 20 MA on the chart, which was interesting as where the 20 crossed the 100 was actually a pretty good entry point.
Cut your Losers short and let your Winners run.
  • #1,104
  • Feb 23, 2015 11:29am Feb 23, 2015 11:29am
Quoting dee50
{quote} Yes, thanks for the info, I have just tried it by setting the 1min to "20" and putting a 20 MA on the chart, which was interesting as where the 20 crossed the 100 was actually a pretty good entry point.

Yep, I've just edited my previous post have another look at it, it might prove useful.

its all about trading the strongest trenders in my book , no matter what timeframe you trade which of course lends itself really well to the Harenko charts which of course have no time on them just price so the two should work well together. The stronger the trend the better the Harenko signals should be...
Feel the Fear and do it anyway!!!
  • #1,105
  • Feb 23, 2015 11:41am Feb 23, 2015 11:41am
hello mr. clivepackham!
I'm really happy to see you here..
I read part of your 3d and I love the concept that guides it!

some time ago, I had tried to use your indicator, TT (all brokers), but I had a problem.
your indicator works but remains freeze on the values from the opening of mt4.
not updated in real time.
if I'm going to change the internal parameters, then it upgrade the values.
something I'm wrong in my setup?

in any case,
congratulations for your system and also for the vitality with which thou sustain and share.


usually I focus only on eu,
but most likely I lose the majority of beauty! as you make me out!
nescentia necat
  • #1,106
  • Feb 23, 2015 11:49am Feb 23, 2015 11:49am
Quoting clivepackham
{quote} Hi Dee50 You can speed up the TTindy by reducing the size of the lwma I set it for 100lwma for the 1 min but you can use whatever MA you want... Try a 35lwma if you want to scalp the most powerful short term trends...Of course a 35lwma on a 5min is not a million miles away from the 100lwma on the 1 min, actual number is 175lwma on 1 min equals 35lwma on 5 min, its all just a matter of what you're after...
Ok. I understand. BTW I am doing this here because I did not want to pollute your thread with ideas that might turn out to be nonsense and end up doing nothing more than causing confusion.
Cut your Losers short and let your Winners run.
  • #1,107
  • Feb 23, 2015 11:59am Feb 23, 2015 11:59am
Quoting dee50
{quote} Ok. I understand. BTW I am doing this here because I did not want to pollute your thread with ideas that might turn out to be nonsense and end up doing nothing more than causing confusion.
Not a problem my friend whatever we can do to help each other is fine by me, we are all here for the same reason to become successful traders so if we can all work together for that common goal thats good by me....
Feel the Fear and do it anyway!!!
  • #1,108
  • Feb 23, 2015 12:00pm Feb 23, 2015 12:00pm
19.00 hrs here in CET land. I have downloaded a couple of episodes of Blacksails and am going to watch them.

CU in the morning.
Cut your Losers short and let your Winners run.
  • #1,109
  • Feb 23, 2015 12:04pm Feb 23, 2015 12:04pm
Quoting friska
hello mr. clivepackham! I'm really happy to see you here.. I read part of your 3d and I love the concept that guides it! some time ago, I had tried to use your indicator, TT (all brokers), but I had a problem. your indicator works but remains freeze on the values from the opening of mt4. not updated in real time. if I'm going to change the internal parameters, then it upgrade the values. something I'm wrong in my setup? in any case, congratulations for your system and also for the vitality with which thou sustain and share. usually I...

Thank you Friska its nice to be here too. I've always thought that Harenkos can play a major part in trading as all we are interested in is "where" the price goes not "when" the price goes,,,,Time is irrelevant in trading only the price is important. We are all trading the same price action no matter what timeframe we look at...

It can only go up or down so my TTindy and Harenko should work well together...
Feel the Fear and do it anyway!!!
  • #1,110
  • Feb 23, 2015 12:17pm Feb 23, 2015 12:17pm
Quoting clivepackham
{quote} Thank you Friska its nice to be here too. I've always thought that Harenkos can play a major part in trading as all we are interested in is "where" the price goes not "when" the price goes,,,,Time is irrelevant in trading only the price is important. We are all trading the same price action no matter what timeframe we look at... It can only go up or down so my TTindy and Harenko should work well together...
move the discussion in your 3d that maybe it's better.
I do not think we understand each other
and in any case thanks for your answer here.
nescentia necat
  • #1,111
  • Feb 23, 2015 10:22pm Feb 23, 2015 10:22pm
Hi Dee50,

Thanks to yourself and the other great people on this forum I am learning so much, if possible could you please explain a bit more of the reasoning for yesterdays trades on EU, the reason I ask is that I cannot identify the divergence used to signal the trade

Kind Regards

Des
  • #1,112
  • Feb 24, 2015 10:49am Feb 24, 2015 10:49am
Quoting des_b
Hi Dee50, Thanks to yourself and the other great people on this forum I am learning so much, if possible could you please explain a bit more of the reasoning for yesterdays trades on EU, the reason I ask is that I cannot identify the divergence used to signal the trade Kind Regards Des
1st EU trade look at the 2 swings at approx 1.1390 level just prior to my entry. Divergence is evident on Stochs and MACD.
2nd EU the divergences are marked on the MACD. There were actually 3 separate Divergences but when drawn on the MACD they look like one long line.
Cut your Losers short and let your Winners run.
  • #1,113
  • Feb 24, 2015 11:07am Feb 24, 2015 11:07am
Thanks Dee50,

I see it now, reckon I was not looking at the bigger picture was looking only at the swings immediately prior to the trade and could not see the divergence , so if I am correct you placed the first trade after a small pullback after the move which occured on the prior divergence

Thanks again

Cheers...Des
  • #1,114
  • Feb 24, 2015 11:17am Feb 24, 2015 11:17am
lower than 1.1300 is proving a tough job...
nescentia necat
  • #1,115
  • Feb 24, 2015 11:27am Feb 24, 2015 11:27am
Quoting des_b
Thanks Dee50, I see it now, reckon I was not looking at the bigger picture was looking only at the swings immediately prior to the trade and could not see the divergence , so if I am correct you placed the first trade after a small pullback after the move which occured on the prior divergence Thanks again Cheers...Des
Forgot to mention. If you look at the 2nd EU trade price tried to break past the 1.1300 3 times and failed, so even if there had not been any divergences I would have given that trade a go.
Cut your Losers short and let your Winners run.
  • #1,116
  • Feb 24, 2015 12:07pm Feb 24, 2015 12:07pm
range bars do the same thing
  • #1,117
  • Feb 24, 2015 12:30pm Feb 24, 2015 12:30pm
Quoting dee50
{quote} You will need to run 3 instances of the indicator, 1440, 240 & 60. I have asked in the Technical thread if anyone can combine the 3 to make 1, if I get a response I shall post it here. {file}
prueba este
Attached File(s)
File Type: mq4 HL_ObjectsI.mq4   10 KB | 401 downloads
File Type: ex4 HL_ObjectsI.ex4   37 KB | 359 downloads
  • #1,118
  • Feb 24, 2015 12:56pm Feb 24, 2015 12:56pm
Quoting jmss59
{quote} prueba este {file} {file}
Thanks very much, but that is not what I wanted to achieve, I wanted the Bar opening marked, not the high and low. the idea is very simple, if price is below the opening we are in a down trend and vice versa, we are in an up trend.
Cut your Losers short and let your Winners run.
  • #1,119
  • Feb 24, 2015 1:02pm Feb 24, 2015 1:02pm
Quoting Divergence
range bars do the same thing
And rabbit tastes like chicken, but chicken eggs don't taste like chicken, how strange is that!
Cut your Losers short and let your Winners run.
  • #1,120
  • Feb 25, 2015 5:02am Feb 25, 2015 5:02am
Quoting dee50
{quote} And rabbit tastes like chicken, but chicken eggs don't taste like chicken, how strange is that!
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