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MTF RSI Trading System

  • #101
  • Sep 27, 2014 2:06pm Sep 27, 2014 2:06pm
Quoting Groenie
{quote} If there is a RSI histo in the ones you can post, I'd be very happy, even more happy if it's MTF
sorry what they are, the stepping of the red and green line on the main chart as a hist, also, the same indi but different inputs, also the LSQR color as a hist, my programming stops at that, would like to make an EA but I'm not that good
  • #102
  • Sep 27, 2014 2:08pm Sep 27, 2014 2:08pm
Quoting Groenie
{quote} If there is a RSI histo in the ones you can post, I'd be very happy, even more happy if it's MTF
Sure there is an RSI MTF in the indicator portion on the MTforum, did have this one myself, it may have been a MT5 code though
  • #103
  • Sep 27, 2014 2:24pm Sep 27, 2014 2:24pm
Quoting Pinkas
{quote} Sure there is an RSI MTF in the indicator portion on the MTforum, did have this one myself, it may have been a MT5 code though
Thanks Pinkas, I'll have a look
  • #104
  • Sep 27, 2014 2:27pm Sep 27, 2014 2:27pm
Did it work Groenie, and "thank you"
Attached File(s)
File Type: mq4 stepp - Copy.mq4   7 KB | 1,267 downloads
  • #105
  • Sep 27, 2014 2:36pm Sep 27, 2014 2:36pm
Getting the hang, given my style, if an EA can be made frome these indi's, would anyone like to try, including the "hit man " indi, also, if anyone implements these, can they add a something to enhance the trading, although I have a live account and it's not looking too good, please take into account, if I try something or a new strategie, I only do it "live" never demo, you need the emotion, your fooling yourself otherwise, regards P
Attached File(s)
File Type: mq4 Trending direction.mq4   4 KB | 2,174 downloads
  • #106
  • Edited 5:40pm Sep 28, 2014 5:24pm | Edited 5:40pm
Thought I would post this, its the making or breaking at the mo, well done on bringing this to us users
  • #107
  • Sep 30, 2014 6:32am Sep 30, 2014 6:32am
Quoting Pinkas
Did it work Groenie, and "thank you" {file}
Yes it did thank you Pinkas

The stepp indi is basically a step MA with ATR, could be useful perhaps as a way to trail my stop if placed on the chart. Trending Direction indicator is the one from FXSniper, not for me either but thanks a lot for uploading them It's always good to test filters to get as little losing trades as I can.
  • #108
  • Sep 30, 2014 9:27pm Sep 30, 2014 9:27pm
I'm having pretty good success using this indicator on small trades on a live account. Anyone else?
  • #109
  • Oct 1, 2014 1:02am Oct 1, 2014 1:02am
Hello,
Any body having the same problem the indicator does not show the right valves i 1H,4H,ID....i tried the tow virgins ...same issue
https://charts.mql5.com/5/829/usdjpy...al-markets.png
  • #110
  • Oct 1, 2014 1:29am Oct 1, 2014 1:29am
Quoting priceaction7
Hello, Any body having the same problem the indicator does not show the right valves i 1H,4H,ID....i tried the tow virgins ...same issue {image}
By default it shows if the previous bar is above/below 50, the previous bar value and the current bar slope. You can use the crosshair tool to check the value and location of the previous bar in the RSI window
  • #111
  • Oct 1, 2014 5:53am Oct 1, 2014 5:53am
Quoting Groenie
{quote} By default it shows if the previous bar is above/below 50, the previous bar value and the current bar slope. You can use the crosshair tool to check the value and location of the previous bar in the RSI window
Thank you sir...understood
  • #112
  • Dec 5, 2014 12:24am Dec 5, 2014 12:24am
Quoting Groenie
{quote} No worries, anyone can miss a few things One thing I noticed from nonor's dashboard, the default setting is 55, just correct that to 2 or 3 {quote} *edit: while I'm here I might as well upload the new Hitman indies The zip has Hitman v1.3, the new Hitman Lite (better performance and smaller display size), trading manual (it explains the strategy with examples) and some extras like templates {file}
Looks very interesting with thanks.

I have downloaded the lite version.

The alerts did not work?

I just used the default settings.

Any suggestions?

Thanks and appreciated
  • #113
  • May 28, 2015 7:24am May 28, 2015 7:24am
hmmm it seems it's dead. do you guys still trade the system?
in pips we trust!
  • #114
  • Aug 21, 2015 3:43am Aug 21, 2015 3:43am
Quoting nonor
Hello After intensive testing the definitive MTFRSI dashboard is available, compiled in MT4 670 , please find it below. Some improvements added to the previous release : - PAIRS LISTS : pair and other instruments could be set in two lists, mono instrument, like _NQ100 or UK100.Z are also take into account, the separator is ; (semicolon) - BLOCK MODE available like previous dashboard , the color give the level of RSI(55) of previous bar related to level 50. - ARROW MODE : the direction of the arrows give the direction of the RSI of the present bar...
Your dashboard is a masterpiece. Several indicator selling companies by repacking your dashboard with a different interface.

Please do try to affect weight to timeframe and color by blinking LED kind of effect for the pairs.with a ne

Another improvement you can do is add 4 zones divided in 25% zones or ADR or use any percent chwiange indicator similat to attached pic
Attached Image (click to enlarge)
Click to Enlarge Name: Pairs MTF dashboard with slide.jpg Size: 1.6 MB
  • #115
  • Aug 21, 2015 5:15am Aug 21, 2015 5:15am
Hello optionhk

I'm not working anymore on this version of my dashboard, BUT, I'm working on a new one
which include a more sophisticated interface, inspired by the thread : http://www.forexfactory.com/showthread.php?t=532236
it will include :

-relative strength ranking
-trend detection
-technical pattern detection
-plus some others usefull information like in attached image
Attached Image (click to enlarge)
Click to Enlarge Name: dash_2015.jpg Size: 149 KB


the technical pattern analysis is based on the work of 7bit as described in http://www.forexfactory.com/showthread.php?t=217486
my dll is already able to detect triangle on any pair, any timeframe...

My new dashboard will be MY ULTIMATE FOREX WEAPON !...

but it will remain private....
No more Fight, the victory has come...
  • #116
  • Aug 21, 2015 5:41am Aug 21, 2015 5:41am
Looks good. How can I obtain this indicator?
  • #117
  • Aug 23, 2015 7:29am Aug 23, 2015 7:29am
Weakness of this system is assumption that if all time frames are bull then price will go higher or reverse if all are red.
That's against how price travels.Weakness is lots of times price reverses when it reaches max levels but you wouldn't know that if you just look bunch of red or green boxes.
It still amazes me how gullible lots of folks are.Before you construct a trading system any system one must have solid idea how price moves.
Look at the image.Imagine based on this system you are buying on top of wave 5 all green "full prove easy money" and then price goes into a correction for 300pips and you are left scratching your head what happened.You don't have to be EW expert just enough basic knowledge an awareness how price travels.
Attached Image
In trading, you have to be defensive and aggressive at the same time
  • #118
  • Sep 3, 2015 3:16am Sep 3, 2015 3:16am
you are right Davit, we must know how price move, my main template is a naked one where pattern are visible,
Attached Image (click to enlarge)
Click to Enlarge Name: xau_usd_h1.jpg Size: 300 KB

but I believe in the validity of the daily open line and pivot like on the second screenshot...the red and green arrow on my dashboard are only for esthetic...
Attached Image (click to enlarge)
Click to Enlarge Name: aus_usd_m5.jpg Size: 227 KB
No more Fight, the victory has come...
  • #119
  • Mar 26, 2017 4:12am Mar 26, 2017 4:12am
Quoting nonor
Hello optionhk I'm not working anymore on this version of my dashboard, BUT, I'm working on a new one which include a more sophisticated interface, inspired by the thread : http://www.forexfactory.com/showthread.php?t=532236 it will include : -relative strength ranking -trend detection -technical pattern detection -plus some others usefull information like in attached image {image} the technical pattern analysis is based on the work of 7bit as described in http://www.forexfactory.com/showthread.php?t=217486 my dll is already...

U still got this dashboard?

Mind to share if i want to put my own strategies into the dashboard?
  • #120
  • Mar 26, 2017 9:11pm Mar 26, 2017 9:11pm
that seem nice trading system, i will try it, thank you
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