As complicated as necessary: Highest Open / Lowest Open Trade | Forex Factory

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As complicated as necessary: Highest Open / Lowest Open Trade

  • #1
  • First Post: Edited Feb 3, 2017 3:49am May 31, 2016 7:45pm | Edited Feb 3, 2017 3:49am
Warning for new readers:
The developed EA is based on Currency Strength within one day and send reverse orders when extreme values of the strengths are achieved.
It is a similar procedure as described by @TooSlow but now has nothing in common.
Sory, but from idleness I have not opened a new thread for.

Here I have made this announcement http://www.forexfactory.com/showthre...97#post9014297

Please always download and use the latest EA version.

Last EA version "smCSReverse EA_v3.3.6" in post #773 - http://www.forexfactory.com/showthre...81#post9467481

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@TooSlow has posted in recent times an interesting system "Highest Open / Lowest Open Trade": http://www.forexfactory.com/showthread.php?t=590623.

My trouble is that I understand difficult but as compensation forget quickly, so I need a few indicators to understand and better apply the system.
Here is a first indicator version to drawn the Opens, Highs and Lows lines, and I tried to make it more similar to @TooSlow indicator.
(A similar idea may be found here: http://www.forex-central.net/rat-rev...g-strategy.php)

Attached File(s)
File Type: mq4 smAverageTrueRange.mq4   3 KB | 3,072 downloads

Attached File(s)
File Type: mq4 smHiLoOpen Lines_v1.2.mq4   11 KB | 3,593 downloads | Uploaded Jun 2, 2016 4:56am

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 33 KB

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The last version for the High-Low-Open EA "smHiLO DashBoard EA_v2.3.2"
Attached File(s)
File Type: ex4 smHiLO DashBoard EA_v2.3.2.ex4   134 KB | 1,931 downloads | Uploaded Feb 3, 2017 3:48am
  • #2
  • Jun 1, 2016 5:44am Jun 1, 2016 5:44am
Hi SwingMan Joine

smHiLoOpen Lines_v1.0

I dont want to show the price box, how to closed it.

Regards.
  • #3
  • Jun 1, 2016 6:46am Jun 1, 2016 6:46am
Quoting blueface
Hi SwingMan Joine smHiLoOpen Lines_v1.0 I dont want to show the price box, how to closed it. Regards.
I can make a change today evening.
  • #4
  • Jun 1, 2016 11:30am Jun 1, 2016 11:30am
Quoting SwingMan
@TooSlow has posted in recent times an interesting system "Highest Open / Lowest Open Trade": http://www.forexfactory.com/showthread.php?t=590623. My trouble is that I understand difficult but as compensation forget quickly, so I need a few indicators to understand and better apply the system. Here is a first indicator version to drawn the Opens, Highs and Lows lines, and I tried to make it more similar to @TooSlow indicator. (A similar idea may be found here: http://www.forex-central.net/rat-rev...g-strategy.php)...
Thanks for the indicator. The "H1 - open" however, should mark the highest or lowest H1 open of any moment of the day, not the opens inbetween - at least that's my understanding.
  • #5
  • Jun 1, 2016 11:52am Jun 1, 2016 11:52am
Quoting Go5
{quote} Thanks for the indicator. The "H1 - open" however, should mark the highest or lowest H1 open of any moment of the day, not the opens inbetween - at least that's my understanding.
That's my understanding as well SwingMan. Thank you for coding the indicator.
  • #6
  • Jun 1, 2016 2:29pm Jun 1, 2016 2:29pm
@Go5 and @pip-boss, both of you are right! The Open of the last H1 candle was intended only for me, and I wanted to program later "the highest or lowest H1 open of any moment of the day". Now I do that just for you...
  • #7
  • Jun 1, 2016 6:27pm Jun 1, 2016 6:27pm
Here a new Version smHiLoOpenLines_v1.1
(See #Post 1)

From the 50 downloaders until now has no one posted here charts or comments, and in @TooSlow's thread a single post.
I believe that it makes no more sense to post additional indicators if they are not applied for the system and are downloaded only in indicator collections.
.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 24 KB
  • #8
  • Jun 1, 2016 9:23pm Jun 1, 2016 9:23pm
. {image}[/quote
give it little time my friend . and thankx ]
Learn THEN Unlearn
  • #9
  • Jun 1, 2016 10:16pm Jun 1, 2016 10:16pm
Hi SwingMan, thanks for the indicator. It makes everything easier to figure out.
I agree with HighFivve, give it little time.
  • #10
  • Jun 2, 2016 12:06am Jun 2, 2016 12:06am
Quoting SwingMan
Here a new Version smHiLoOpenLines_v1.1 (See #Post 1) From the 50 downloaders until now has no one posted here charts or comments, and in @TooSlow's thread a single post. I believe that it makes no more sense to post additional indicators if they are not applied for the system and are downloaded only in indicator collections. . {image}
Complicated?
Maybe it is your humor.
Didn't know you visited my thread.
You are welcome to post there.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #11
  • Jun 2, 2016 3:00am Jun 2, 2016 3:00am
Quoting SwingMan
@Go5 and @pip-boss, both of you are right! The Open of the last H1 candle was intended only for me, and I wanted to program later "the highest or lowest H1 open of any moment of the day". Now I do that just for you...
Thanks a lot SwingMan. There is a little bug: the H1 highes/lowest open lines change with the timeframe:
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 51 KB
  • #12
  • Jun 2, 2016 4:55am Jun 2, 2016 4:55am
Here a new Version smHiLoOpenLines_v1.2
(See #Post 1)

Quoting Go5
{quote} There is a little bug: the H1 highes/lowest open lines change with the timeframe:
You are right! Please check this version.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15.png Size: 33 KB
  • #13
  • Jun 2, 2016 5:37am Jun 2, 2016 5:37am
Quoting SwingMan
Here a new Version smHiLoOpenLines_v1.2 (See #Post 1) {quote} You are right! Please check this version. {image}
Now it's fine, thanks once again!
  • #14
  • Edited 9:23pm Jun 3, 2016 7:49am | Edited 9:23pm
Hi Swing man,

please keep up your great work!

But unfortunately FF becomes just a place where people collect indicators in hope to find the grail for free.
Nobody is interested in new ideas or thinking outside the box or develop something based on 6000 chart hours
observation.
All about uge Ego`s .
  • #15
  • Jun 3, 2016 9:06am Jun 3, 2016 9:06am
Quoting wolf300
Core is pivot calculated on previous week and (this is the change) not fibonacci pish-pash based on that pivot. It should be the real levels calculated on that pivots.
Inserted Video
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #16
  • Jun 3, 2016 9:21am Jun 3, 2016 9:21am
Quoting TooSlow
{quote} https://youtu.be/d1IzNKIHhp0

LOL, where the heck did you pull out that video ?

But it `s true, it is all about the numbers
  • #17
  • Jun 3, 2016 9:27am Jun 3, 2016 9:27am
Quoting wolf300
{quote} LOL, where the heck did you pull out that video ? But it `s true, it is all about the numbers
Isn't that movie required viewing by all traders?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #18
  • Edited 11:38am Jun 3, 2016 10:04am | Edited 11:38am
Quoting wolf300
Then momentum based on Hidden Divergence and the Daily HI/LO and highest open lowest open would be exactly complicated as necessary. Next picture is overview in H1.
It may be, but I think that for me it is a little bit more complicated than necessary...

I would suggest also to consider
"The Quarters Theory" from Ilian Yotov: http://www.forexfactory.com/showthread.php?t=567962
then we have an unbeatable trading system.
Attached Image
  • #19
  • Jun 3, 2016 10:24am Jun 3, 2016 10:24am
Attached Image
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #20
  • Edited 2:28pm Jun 12, 2016 8:21am | Edited 2:28pm
A combination of HOLO and Currency Strength in the first version of smHiLO DashBoard EA_v1.0

Until I post it in the @TooSlow's thread, please test this first version.
There are certainly many bugs and it will be corrected in the next versions.

Have fun.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADM15.png Size: 66 KB
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