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  • #7,301
  • Jul 9, 2015 9:59am Jul 9, 2015 9:59am
+10 with old sistem...
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  • #7,302
  • Jul 9, 2015 9:59am Jul 9, 2015 9:59am
Quoting devontrader
{quote} now post same.picture also.with the channels on.would it be of.help having the 150ma on as well as channels??
Feel free to post the chart if you want. I don't use the channels.
Today's zone = Tomorrow's opportunity!
  • #7,303
  • Jul 9, 2015 9:59am Jul 9, 2015 9:59am
BE ...
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  • #7,304
  • Jul 9, 2015 10:16am Jul 9, 2015 10:16am
You use the 150 SMA or HMA?
Quoting pres78
Simple LO. 150MA. Break and re-test. Ol School. Easy 7:1. {image}
  • #7,305
  • Jul 9, 2015 10:18am Jul 9, 2015 10:18am
Quoting clivepackham
This post is for Honestknave to explain what I'm after on my FastTMALine indy... As we've always known the first pullback is the best or the 2nd pullback at worst. So I'm looking to enter on the first two CCI signals after a middle channel colour change. I'm then looking for the first two CCI signals and if possible as close to the outer band as possible, but more importantly use the CCI signals for entry.. Like this rangy old EURUSD chart.. {image} What I intend to do is have the top 8 daily ATR pairs open all the time and whenever theres a middle...
Attached is an edited version of FastTMAline.

I haven't changed any of the existing code. I have simply added a section to give an alert on color change of the centreline. This is controlled by its own input parameter in the options.

I strongly urge everyone who wants to use this new alert to watch the annotated 3 minute youtube clip showing the run up to a color change.

Otherwise, I think people will switch to a chart after an alert then complain that the alert was late or wrong. The color change can approach from the back... don't forget this indicator substantially repaints.

Inserted Video
Attached File(s)
File Type: mq4 FastTMALine.mq4   10 KB | 302 downloads
  • #7,306
  • Jul 9, 2015 10:31am Jul 9, 2015 10:31am
Quoting Trinquete
You use the 150 SMA or HMA? {quote}
I have been using an indicator from the market tab on the MT4 terminal window called fast-n-smooth-ma. This was also shared on this thread by GodsClown in post #4782.

I set Price at 0, MA_Period at 150 and ColorMode at 1. I have no idea exactly what the Price of 0 actually equates to nor what ColorMode 1 means as I only have the exe version...
Today's zone = Tomorrow's opportunity!
  • #7,307
  • Jul 9, 2015 11:04am Jul 9, 2015 11:04am
honestknave - thanks for your hard work with the video explanation.
  • #7,308
  • Jul 9, 2015 12:41pm Jul 9, 2015 12:41pm
New sistem, lets see, all channels are meet, touching 1h and 5m...
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  • #7,309
  • Jul 9, 2015 12:45pm Jul 9, 2015 12:45pm
Think I make a mistake, maybe wait for break and retest to the BRN .000 to buy, my entry was a litle early
Quoting Trinquete
New sistem, lets see, all channels are meet, touching 1h and 5m... {image}
  • #7,310
  • Jul 9, 2015 1:09pm Jul 9, 2015 1:09pm
+7 at this time...
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  • #7,311
  • Jul 9, 2015 1:21pm Jul 9, 2015 1:21pm
Close +12, +22 for the day. +4% of the account.
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  • #7,312
  • Jul 9, 2015 2:34pm Jul 9, 2015 2:34pm
Quoting honestknave
{quote} Attached is an edited version of FastTMAline. I haven't changed any of the existing code. I have simply added a section to give an alert on color change of the centreline. This is controlled by its own input parameter in the options. I strongly urge everyone who wants to use this new alert to watch the annotated 3 minute youtube clip showing the run up to a color change. Otherwise, I think people will switch to a chart after an alert then complain that the alert was late or wrong. The color change can approach from the back... don't forget...

Thanks Honestknave for looking into that for me but someone reading the thread and my request earlier sent me one via dropbox which works a treat, just got home and it was waiting for me so sorry to have wasted your time...

Whilst I'm here I will say I'm not sure what you were demonstrating by your video????

The white band is due to the "trend threshold" setting , it needs to be zero to have no white banding, then it just flips from red to green and vice versa. I'm not sure why yours signals so late as in that video the slope didn't even change direction??? It was just going up all the time, so why did it signal???

Anyway it doesn't matter just thought I'd mention it, by the way what video recording program are you using to record ?? I'm thinking of making some videos to record what I do and post them on the thread.. Would you drop me a line as to which one you're using??

Thanks again for your efforts its really appreciated...
Feel the Fear and do it anyway!!!
  • #7,313
  • Jul 9, 2015 3:31pm Jul 9, 2015 3:31pm
im thinking what would be good is if an alert was put on the tma slope 1.5 normalised indicator so it fired an alert when crossing the 0 line
and also
maybe an early warning alert from a pre set level that the trader has put in eg 0.5 and -0.5 soweknow when price could be close to crossing over
  • #7,314
  • Jul 9, 2015 4:04pm Jul 9, 2015 4:04pm
confidence in a countertrend

look at the channels agree and the indicators too except for the 1hr
there for trade the m15 channel
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  • #7,315
  • Jul 9, 2015 4:05pm Jul 9, 2015 4:05pm
Quoting handy148
honestknave - thanks for your hard work with the video explanation.
You're most welcome
  • #7,316
  • Jul 9, 2015 4:08pm Jul 9, 2015 4:08pm
Quoting honestknave
{quote} You're most welcome
honestknave ref post 7313

i think i emailed you this one yesterday or day before

the m15 looks like a great signal on the cross so iam very very keen in trying to have a alert in this indicator for cross of 0 line
  • #7,317
  • Jul 9, 2015 4:27pm Jul 9, 2015 4:27pm
Quoting clivepackham
{quote} Thanks Honestknave for looking into that for me but someone reading the thread and my request earlier sent me one via dropbox which works a treat, just got home and it was waiting for me so sorry to have wasted your time...
No problem Clive, it was only a few lines of code.

Quote
Whilst I'm here I will say I'm not sure what you were demonstrating by your video???? The white band is due to the "trend threshold" setting , it needs to be zero to have no white banding, then it just flips from red to green and vice versa. I'm not sure why yours signals so late as in that video the slope didn't even change direction??? It was just going up all the time, so why did it signal???
Quite a few questions there Clive, and I'll do my best to answer. The signal didn't happen "late", it happened exactly as the indicator is coded to work. Remember, I didn't change anything about the way it draws these lines. That behaviour you see on the video is what this indicator does. It repaints, heavily. Whether you are showing the white (neutral) line or not, the same things can happen:
1. The color "change" can be a creep up from behind (the past), because it repaints. Large moves (like what your system targets, as shown in the video) can trigger the incipient creep of a color change. Red through White through Green. Or simply Red through Green (if you remove the white).
2. The video was also necessary to show why you can get an alert, switch to the chart and be very confused that the color change appears to have happened bars earlier. It hasn't. It has simply just repainted the old bars as the alert triggered.

To be totally blunt, it is completely, utterly pointless to apply this indicator to today's/yesterday's charts and look back at what great signals it would have given had we been looking at the chart at the correct time. Why? Because the great signals were most likely never signals at the time:
The color changes never happened at the times they now appear.
The touches of the bands never happened at the points they now appear.

I'm not saying that the indicator is without use, far from it. I'm just not sure people are getting the limitations of the indicator.

The markets aren't moving much right now, but I'll try to get a screen capture of the same thing happening but without the white bands. The result will be the same, except it will simply be Red becoming Green (or Green becoming Red). No white sections.

Quote
Anyway it doesn't matter just thought I'd mention it, by the way what video recording program are you using to record ?? I'm thinking of making some videos to record what I do and post them on the thread.. Would you drop me a line as to which one you're using?? Thanks again for your efforts its really appreciated...
It's bandicam. You're limited to 10 minutes on the free version. I then use Windows Movie Maker to add captions, and output for Youtube.
  • #7,318
  • Jul 9, 2015 4:29pm Jul 9, 2015 4:29pm
Quoting devontrader
{quote} honestknave ref post 7313 i think i emailed you this one yesterday or day before the m15 looks like a great signal on the cross so iam very very keen in trying to have a alert in this indicator for cross of 0 line
Hello Jason,
I sent you the alert modification as per your requirements to your email the day before yesterday
  • #7,319
  • Edited 5:38pm Jul 9, 2015 4:36pm | Edited 5:38pm
Well someone on FF sent me a FastTMALine with a slope alert so that whenever we get a change of slope it will alert me, so many thanks to the guy that sent me that over, would name him/her but has asked me not too so I won't, but thanks a lot appreciate you taking the time and trouble to do it,

So I've attached it below for anyone who wants it and I must say it works quite brilliantly..

So how am I gonna use it???

Well its my belief that price either goes up or down and that we need to get into the new trend as early as possible and if possible the first pullback of the new trend. Well theres only one way to do that, enter just after its turned so I'm looking for the 1 minute trend to reverse then I'm looking for the first two CCI signals (pullbacks) to enter on. Initially I'm gonna bank half at the 1 min outer bands then let the other half run.

It will be interesting to see how many "runners" are bigger than their orphans?? I've got a funny feeling we're gonna get bigger orphans than we do runners...I reckon the vast majority of our runners will end up at BE, but lets see how it goes...

Well i'm going to take off all the other alerts for time being and just run with this one, because all I want is the outer band touches that actually reverse the trend..

I'm gonna open up the top 8 ATR pairs from the list below...

Attached Image


Basically GBP and EUR pairs and just wait for my alerts and when I get one go and look at the turn and see if I fancy it or not?? I'm looking for the price to be at a 5, 15 or hrly outer band and turning away, bit like this chart this morning from GBPAUD which kicked off a 150 pip run..

Attached Image (click to enlarge)
Click to Enlarge Name: slope change alerts in right place in the channels.png Size: 67 KB


Even with just the 1,5 and 15 min I'll be happy this pushed up 30 odd pips..

Attached Image (click to enlarge)
Click to Enlarge Name: 1 5 and 15 min.png Size: 71 KB


When I see my setup I'm looking for the CCI to give me 2 quality signals back with the trend, CCI overbought/sold and the 1 min outerbands being touched..

I'll bank half for an orphan and leave one to run at BE...

Just a matter of discipline and patience...

See you alls tomoz...
Attached File(s)
File Type: mq4 FastTMALine with slope alert.mq4   12 KB | 366 downloads
Feel the Fear and do it anyway!!!
  • #7,320
  • Jul 9, 2015 4:40pm Jul 9, 2015 4:40pm
Quoting honestknave
{quote} Hello Jason, I sent you the alert modification as per your requirements to your email the day before yesterday
thanks buddy ill take a look
i must have missed it
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