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  • #12,301
  • May 19, 2015 7:49am May 19, 2015 7:49am
Quoting marcof91
Since mt4 still does not support custom indicators... If any tech trader knows a setting to mimic the DS and RSIOMA to put on my mt4 Android smartphone i would be greatly appreciated. I have been trying but no luck. {image}
second to that!
  • #12,302
  • May 19, 2015 8:06am May 19, 2015 8:06am
Quoting Antares23
{quote} I have the same issue and I had never realized until you pointed it out. My charts seem alright on every TF except for the Daily. (which makes me think the settings are fine but the broker info is incorrect but I am not sure) (I Use ETX Capital and Axitrader and both give me same issue) (Aliens screenshot vs Mine) {image} {image}
Yes I use ETX Capital too . I think the broker is weird . Yesterday was a GAP on NZD pairs . I will switch to another one soon enough .
Make choices and don't look back !
  • #12,303
  • May 19, 2015 8:08am May 19, 2015 8:08am
Quoting Antares23
{quote} I have the same issue and I had never realized until you pointed it out. My charts seem alright on every TF except for the Daily. (which makes me think the settings are fine but the broker info is incorrect but I am not sure) (I Use ETX Capital and Axitrader and both give me same issue) (Aliens screenshot vs Mine) {image} {image}
Alien is using traditional adx which comes already within mt4,you are using the adx slope.The information is the same only the visual is different.
Work smarter,not harder
  • #12,304
  • May 19, 2015 8:41am May 19, 2015 8:41am
Quoting marcof91
{quote} Alien is using traditional adx which comes already within mt4,you are using the adx slope.The information is the same only the visual is different.
You are wrong !!! See last page , watch my picture about U / J

AND WATCH NOW U / J CHART FROM FXCM .

ETX CAPITAL IS B****HIT !

I will change them and I need to do it fast .

If it was by them . I will never get a trade .
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 237 KB
Make choices and don't look back !
  • #12,305
  • May 19, 2015 9:25am May 19, 2015 9:25am
Guys, please keep in mind that higher TF candles (H4 onwards) can look totally different depending on your server time.

I personally use GMT+2 (aligned with NY close) which has only 5 daily candles per week.
  • #12,306
  • May 19, 2015 9:34am May 19, 2015 9:34am
Quoting Purec
{quote} You are wrong !!! See last page , watch my picture about U / J AND WATCH NOW U / J CHART FROM FXCM . ETX CAPITAL IS B****HIT ! I will change them and I need to do it fast . If it was by them . I will never get a trade . {image}
i already told before.different data feed causes this.
Work smarter,not harder
  • #12,307
  • May 19, 2015 10:29am May 19, 2015 10:29am
Hi Fellow Alien !

What I am seeing :
Daily
RSIOMA is 84 ( downtrend)
Stoc: Down trend
NPS will Crossing

H4
RSIOMA is 43( downtrend)
Stoc:Lime Crossing 50 ( Rule : its going some more down)
ADX= all are in Red
NPS Cross EUR is low range
Nihilist UTF1+2, Nihilist Durba, Nihilist Bricks = Sell

H1
RSIOMA is below 20
Stoc: All are below 20
ADX= all are in Red
NPS = EUR is Rising


M30
RSIOMA is below 20
Stoc: All are below 20
ADX= all are in Red
NPS = USD is Rising

M15
RSIOMA is below 20
Stoc: All are below 20
ADX= all are in Red
NPS = USD is Rising

It will be a good Short signal
Please correct me Fellow Alien

Thanks Jpadvisor for encourage me to post.
Attached Image (click to enlarge)
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  • #12,308
  • May 19, 2015 10:49am May 19, 2015 10:49am
USNDX Daily -
ABC correction (wave 4) seems completed. Time will tell.
Attached Image (click to enlarge)
Click to Enlarge Name: USNDX-JUN15Daily.png Size: 124 KB
Per aspera ad astra
  • #12,309
  • May 19, 2015 1:05pm May 19, 2015 1:05pm
Quoting jmn5611
{quote} show off!
Yes,i was showing off.
With the confidence you gain with this system,you can do that too.
Work smarter,not harder
  • #12,310
  • May 19, 2015 1:39pm May 19, 2015 1:39pm
Quoting marcof91
EU When everything points for a buy setup,just watch your back and you will be fine. MTF is the key here to know if the pair is gonna drop or continue higher... Also look for correlation pairs,right now USD/CAD weekly tf is giving signs of a wave 2 (or corrective b) to going up,if it's true then EU should drop. {image} {image} {image}
Quoting marcof91
{quote} Yes,i was showing off. With the confidence you gain with this system,you can do that too.
One more time to newborn aliens to learn something or even the pros study again.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDmicroDaily1.png Size: 33 KB
Click to Enlarge Name: EURUSDmicroH41.png Size: 51 KB
Work smarter,not harder
  • #12,311
  • May 19, 2015 3:15pm May 19, 2015 3:15pm
Quoting marcof91
Since mt4 still does not support custom indicators... If any tech trader knows a setting to mimic the DS and RSIOMA to put on my mt4 Android smartphone i would be greatly appreciated. I have been trying but no luck. {image}
Hear here.
  • #12,312
  • May 19, 2015 4:04pm May 19, 2015 4:04pm
Quoting anima999
A slow day. I got a small short in on NZ/US but otherwise couldn't see much else when I looked this morning. Anyone else get anything?
I'm still holding this trade on the H4 TF. +40 so far.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB

The price reversed temporarily last night but has since continued to drop. My exit criteria is ADX42 dropping.
The blue line shows my entry, as you can see it was less than perfect as the RSIoma was only just crossing 50...its now at 20 so it worked out.
D1 showed a downtrend in progress which is what gave me confidence. I've got a close eye on 0.7136 for a new LL so I may take partials there.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 88 KB


Not a bank breaker but still profitable.
  • #12,313
  • May 19, 2015 6:21pm May 19, 2015 6:21pm
Quoting forexalien
{quote} Shorter term look for a possible triple top and 200 pip breakout. The larger weekly DS might not happen until the end of summer or September........... {image}
They must have seen my UJ post.............up 70 pips..................
The More You Learn, The More You Earn.....
  • #12,314
  • May 19, 2015 6:23pm May 19, 2015 6:23pm
Quoting Antares23
{quote} I have the same issue and I had never realized until you pointed it out. My charts seem alright on every TF except for the Daily. (which makes me think the settings are fine but the broker info is incorrect but I am not sure) (I Use ETX Capital and Axitrader and both give me same issue) (Aliens screenshot vs Mine) {image} {image}
I am zoomed in one level..........
The More You Learn, The More You Earn.....
  • #12,315
  • May 19, 2015 6:25pm May 19, 2015 6:25pm
Quoting Antares23
{quote} I have the same issue and I had never realized until you pointed it out. My charts seem alright on every TF except for the Daily. (which makes me think the settings are fine but the broker info is incorrect but I am not sure) (I Use ETX Capital and Axitrader and both give me same issue) (Aliens screenshot vs Mine) {image} {image}
I also don't pull my charts fully open when taking snap shots of the screen.
The More You Learn, The More You Earn.....
  • #12,316
  • May 19, 2015 6:27pm May 19, 2015 6:27pm
Quoting Purec
{quote} You are wrong !!! See last page , watch my picture about U / J AND WATCH NOW U / J CHART FROM FXCM . ETX CAPITAL IS B****HIT ! I will change them and I need to do it fast . If it was by them . I will never get a trade . {image}
Calm down, no yelling please..............
The More You Learn, The More You Earn.....
  • #12,317
  • May 19, 2015 6:33pm May 19, 2015 6:33pm
Quoting jpadvisor
USNDX Daily - ABC correction (wave 4) seems completed. Time will tell. {image}
That chart almost looks like USDCAD , a close second to it anyway..............
The More You Learn, The More You Earn.....
  • #12,318
  • May 19, 2015 6:36pm May 19, 2015 6:36pm
Quoting anima999
{quote} I'm still holding this trade on the H4 TF. +40 so far. {image} The price reversed temporarily last night but has since continued to drop. My exit criteria is ADX42 dropping. The blue line shows my entry, as you can see it was less than perfect as the RSIoma was only just crossing 50...its now at 20 so it worked out. D1 showed a downtrend in progress which is what gave me confidence. I've got a close eye on 0.7136 for a new LL so I may take partials there. {image} Not a bank breaker but still profitable.
watch your lower TF's for the exit.
The More You Learn, The More You Earn.....
  • #12,319
  • May 19, 2015 6:39pm May 19, 2015 6:39pm
Quoting forexalien
{quote} I use the DS as a resting indicator to show me the market is slowing down only to change directions when the trend is strong one direction and the trend is resting only to continue again. it does re-paint for a candle or 2 on smaller TF's , but once the cross is made by a candle, it doesn't cross back unless PA forces it to.
thank you Alien, you are such a great contributor!
  • #12,320
  • May 19, 2015 6:50pm May 19, 2015 6:50pm
Quoting bobbyspider
Hey ya'll, i'm just curious if there's a place or post somewhere that explains how Drake Delay Stochastic functions? I'm just making sure i'm not looking at something that is repainting or doing something else tricky... sometimes it makes a big wave all the way across from RSIOMA and i just can't understand how it's actually doing that when none of my other indicators are making any movements at the same time. I'm just trying to understand why that unique "slingshot effect" of drake delay stochastic + RSIOMA seems too good to be true.. it's like...
Hi bobbyspider I’ve also been asking myself how the delayed stochastic works for a few days. I’m not an expert coder in MT4, but know a bit of similar languages. I can’t remember if this has already been covered earlier in the thread, but this is what I think happens. The first loop of the code calculates a stochastic type value based on the close – low / high – low and then works out an EMA of this stochastic. The second loop then works out a standard stochastic calculation based on the result of the first loop where the high and low are worked out over a small period, and the EMA calculated for the stochastic – the EMA is the main DS indicator. The third loop calculates the signal line as an EMA of the DS worked out in the second loop.

The second and third loops are uncontroversial, but I have an issue with the first loop. I think the code calculates the high and low for an historical bar as the high and low to date (shifted by 14 periods). But when the historical bar originally printed we wouldn’t know what the high and low to date would be. So if a new low or new high prints (lower or higher than the previous 2000 periods) and we wait 14 periods then all the stochastic type values calculated in the first loop will change which will also affect the DS line and the signal line.

I don’t think it repaints live data, but looking back the DS will have changed after waiting 14 periods after a new low or high. So if you look back at a chart, you might see an old DS made before a more recent new low or high has been made and wonder why you didn’t trade it. It may not have been there live, or could have been much smaller.

This rewriting of history only happens after a new high or low has been made relative to the previous 2000 periods.

That is what I think happens and may well be wrong, but there are many expert coders on this thread who will be able to confirm or deny this.
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