Multi Timeframe Indicators - page 118

lava
137
lava  
Big Joe:
Lava, You can tell to your spanish buddy to try these :

Yes sure thanks Big Joe.

T Jones
71
T Jones  

Doesn't Update Properly

seven:
try this.......

The indicator ###QQE_Alert_MTF_v5### Doesn't update properly while in MTF mode. Unfortunately it's an EX so I couldn't look at the code.

NY168
82
NY168  

Add ALERT?

Can anyone help me to add the alert in this indicator, please?

Would appreciate your help.

Thanks!

NY168

fxbs
3203
fxbs  
lava:
The BH Ergo is smoother-but I think some institutions and traders are still using FX Sniper for trading as you notice them entering and the resulting bounce.

The BH does not swing around so much- that is the extremes are smaller but more accurate. When the BH X's it is the real deal- so you have to take notice. Where as the FX Sniper can X and flip back giving you a false signal.

Another interesting factor about the BH is that the slope actually agrees with the trend. If I compare that to FX Snip the contrast is one to take note; also leading me to believe that it is more accurate in that department.

There is not much difference between the mtf and normal version in BH.

I don't think that it is quite time to release our old and trusted friend the FX Sniper. As the old guard continue to use it.

I have changed over for now but will need to test it over various market conditions as usual.

Overall it gets a 10 out of 10 for accuracy.

It has already kept me out of 3 bad trades.

Caveat:

These are initial findings and preliminary obervations: Please do your own thorough research before applying any indicator.

Remember that the consensus amongst experienced traders is that; 'market conditions are such that it is unsafe to trade right now'.

as usual -very informative and thought-over ;

Thanks a lot, Lava!

matthewi
12
matthewi  

Signals from lower timeframes

I am running an EA on a H4 chart, but I would like to use an iCustom indicator to generate a signal from the H1 timeframe for entry (ie, I get an initial signal on H4, then refine my entry from another signal in H1).

Is this possible? Or do I need to run the EA on the H1 chart, and check for the higher timeframe H4 signals?

Any advice would be greatly appreciated.

banzai
298
banzai  

#MTF Stochastic v. 2.0

I modified it a little bit to display which Stoch is which? Sometime we use 2 different Stoch and we don't know which is which. You can change the font and the size too.

banzai
298
banzai  

M10, H2, H8 timeframes

My programming skill is limited. Is there anyway you guys can modify "#MTF Stochastic v. 2.0" to simulate M10, H2, and H8 timeframes? That will be cool. Please use the above version.

fxbs
3203
fxbs  
claypot:
QQE indicator to MTF

QQE - what it does, how good, where it used?

fxbs
3203
fxbs  

3-10 of A/D (lucas1) mtf

banzai
298
banzai  

BH-Ergodic

brucehvn:
Attached is a replacement for FXSniper's Ergodic CCI and Trigger indicator that some of you might use. The reason for the rewrite, is twofold. One, I'm not sure why it had the name "CCI" in it as it didn't seem to have anything to do with CCI at all. Secondly, at least the copy I had was very processor intensive by rewriting the entire indicator on every new tick which is completely unnecessary. This is a calculation intensive indicator as it stands and having to do those calculations thousands of times for each tick could really cause your MT4 to take a bit performance hit.

Should display the same information, though the levels will indicate lower than the original.

A couple new things you can change:

BarDiff(default 1). Usually when doing the calculations, the difference between the current close and the previous bar close are used. This parameter lets you choose a bar further back if you like, so the calculations might be from the current bar close minus the 5th bar back close instead.

PriceType (default 0). Usually calculations are done on the closing prices. Here you can adjust them to be one of the following:

0=Close, 1=Open, 2=High, 3=Low, 4=Median, 5=Typical, 6=Weighted

Bruce

That's what Bruce said about the Ergodic indi.