ASCTrend system - page 74
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Newdigital
Hi Newdigital,
May i suggest using Nittany's Trending or Ranging [ToR] indicator as another filtering indicator for the ASCTrend EA you guys are developing here.
https://www.mql5.com/en/forum/177237
Why ??
1. It displays in real time the current situation of the market (either Trending or Ranging) based on ADX which may be very useful for the EA to decide wether the market is trending or not and to initiate a trade.
And a personal question to Newdigital
, there's this new thread [The TrendStuffer System] for an EA and indicator based on trending on the commercial section doing very well if you read the posts.
https://www.forex-tsd.com/forum/commercial-talks/5346-the-trendstuffer-system-easy-trend-prediction-for-everyone
I hope you could enlighten me again wether it is a recommended system and wether i should pursue purchasing it and using the EA.Please check it out.
I also hope their method could be incorporated into the developement of the ASCTRend EA.
Thanks
Yeh ive looked at that indicator its not really finished yet its still kind of in development stages.
Hello fellow traders... I would like to know if RSI filter indicator (histogram)does not repaint... thanks Dave.
Hello fellow traders... I would like to know if RSI filter indicator (histogram)does not repaint... thanks Dave.
Put it with some EA in strategi tester on visual mode, and u will see.
Hello fellow traders... I would like to know if RSI filter indicator (histogram)does not repaint... thanks Dave.
It does not re-paint.
ASC Trend question
Hi,
I have 2 questions here:
1) May I know why the ASCtrend indicartor are not able to show for a long period of time. I tried to set the "count bar" to a higher value but it does not help at all. Can someone explain why???
2) I also tried include the brainsystem 1&2 with the ASCTrend on 1h TF, I find that it can provide very good signal (during london session) though sometimes it may fail (for example, sudden reversal of price movement). May I know any test on this combination before??? Any coments on this method? On top of that I uses CCI(14) and sto(14,5,5) to further confirm the trend.
Appreciate if someone could share their experience on using both system (ASCtrend and brainsystem). Thank you.
Happy Trading!!!
Hi,
I have 2 questions here:
1) May I know why the ASCtrend indicartor are not able to show for a long period of time. I tried to set the "count bar" to a higher value but it does not help at all. Can someone explain why???
2) I also tried include the brainsystem 1&2 with the ASCTrend on 1h TF, I find that it can provide very good signal (during london session) though sometimes it may fail (for example, sudden reversal of price movement). May I know any test on this combination before??? Any coments on this method? On top of that I uses CCI(14) and sto(14,5,5) to further confirm the trend.
Appreciate if someone could share their experience on using both system (ASCtrend and brainsystem). Thank you.
Happy Trading!!!1) I checked: it works. I am using CountBars=1000. If you change to 300 you will see not many arrows.
2) I did not try the combination of the systems.
- The meaning of ASCTrend system is the following: we are having good trend and we want to enter in the middle of the trend or in the end of the trend just to "convert" some part of the trend. We just want to be sure that we will not have reversal. That is why we are using so many indicators.
- The meaning of BrainTrading system is to enter in the beginning of the trend. That is why we are using so many indicators to filter the false entrance.
1) I checked: it works. I am using CountBars=1000. If you change to 300 you will see not many arrows.
2) I did not try the combination of the systems.
- The meaning of ASCTrend system is the following: we are having good trend and we want to enter in the middle of the trend or in the end of the trend just to "convert" some part of the trend. We just want to be sure that we will not have reversal. That is why we are using so many indicators.
- The meaning of BrainTrading system is to enter in the beginning of the trend. That is why we are using so many indicators to filter the false entrance.First of all thanks for the reply:
1) I tried to enter a much higher value e.g. 10,000 because my MT4 data has a history until June 2006. I tried also 1,000 and 1,500 it works but not value higher than that. The reason I do that is because I am testing whether the combination of ASCtrend and brainsystem works.
2) Based on my initial test on this method, I realsied that they do give signal at the same time and when they give the indication, the chances of good trade is higher. I wouldn't further test them because I encountered some problem as mentioned in 1).
Anyway, thanks for the help.
MTF ASCTrend
Newdigital,
I was wondering if it could be interesting to create a multiple timeframe #MTF ASCTrend based on the N4 (Steinitz or LSMA) model developed by Mr. Pip. This could give clearer signals on different timeframes.
Newdigital, I was wondering if it could be interesting to create a multiple timeframe #MTF ASCTrend based on the N4 (Steinitz or LSMA) model developed by Mr. Pip. This could give clearer signals on different timeframes.
Indicator or EA?
If indicator so it means to have the signal to enter on H1 trading M15? It may be too late ...
MTF EA may be fine. Steinitz's EA is MTF as well.
We have 2 MTF EAs: BrainTrading EA and TrendEnvelope EA. First one is having the different logic and second one is having logic to trade monthly trend. It is in elite section. I described my opinion about MTF EAs on this page.
By the way it may be very good to have MTF EA for M1 asctrend for example.