Thanks much for sharing the MTF indicators. I find them helpful indeed and am still experimenting with ways to use them. For example, the hourly RSI can be a good filter for 5-15min charts.

This Accumulation/Distribution formula uses the cum() function (see Cumulate*) to keep a running total of the daily values.

cum( (((C-L) - (H-C)) / (H-L)) * V)

2.Ref

References a previous or subsequent element in a DATA ARRAY. A positive PERIOD references "n" periods in the future; a negative PERIOD references "n" periods ago.

3. cross

Plots a "+1" on the day that DATA ARRAY 1 crosses above DATA ARRAY 2. Otherwise, "0" is plotted. If you want to know when DATA ARRAY 1 crosses below DATA ARRAY 2, use the formula "cross( DATA ARRAY 2, DATA ARRAY 1)"

4xtrader:BTW , would you mind to upload that MTF indicators?

See this thread. I update the first post periodically to add new ones.

https://www.mql5.com/en/forum/173574

4xtrader:Hi Codersguru,

Would you please to make it easy

I always trade manually with my set up indicator over 2 years, they are crossing EMA too, but with any condition.

Here is my set up Indicator.

EMA : 5 , 18 , 35 (All in close)

RSI : 8

Slow Stoch : 15 , 5 , 5 (exponential)

Entry Market ( Buy/Sell) when all EMA (5 , 18 , 35 ) are crossing with conditon

- Buy if RSI > 50 , Slow Sochastic >40 in Time Frame 15 mnt n 1 Hour

- Sell If RSI < 50 , Slow Stoch < 60

- Stop Loss 35 pips (at above or below EMA crossing point in TF 15 mnt)

- Target Profit 120 pips

- Traling Stop 30 pips ( with progress get in after price moving 45 pips, then increasing 5 pips each time 15 pips price movement)

- order 1 lot

I really appreciate for you to help me,

Thanks in advanced

God Bless U

4xtraderIf you dont mind what is your winn/loss ratio with this strategy?

Also how many signals you have per week/month?

sorry for this questions but im curious:)

Thanks for sharing

leutzuro:If you dont mind what is your winn/loss ratio with this strategy?

Also how many signals you have per week/month?

sorry for this questions but im curious:)

Thanks for sharingHi Leutzuro,

base on my experiences, it depends on your habitual trade,i.e

- for Scalper using 5 min alone, average five/day , with range 10-20 pips

- if using 15 min alone, average twice/day , with range 15-30 pips

- Day Trader , using H1 average twice/week ( for profits > 100 pips )

All yo have to do, just following the EMA signal, RSI n Slow Stoch, which they're all in the same direction, then you get into the market

For winn/loss ratio average > 88 %,

Hope this help

God Bless

4xtrader

4xtrader:Hi Leutzuro,

base on my experiences, it depends on your habitual trade,i.e

- for Scalper using 5 min alone, average five/day , with range 10-20 pips

- if using 15 min alone, average twice/day , with range 15-30 pips

- Day Trader , using H1 average twice/week ( for profits > 100 pips )

All yo have to do, just following the EMA signal, RSI n Slow Stoch, which they're all in the same direction, then you get into the market

For winn/loss ratio average > 88 %,

Hope this help

God Bless

4xtraderThanks for your answer

I will test on demo account.

Keris:

Thanks much for sharing the MTF indicators. I find them helpful indeed and am still experimenting with ways to use them. For example, the hourly RSI can be a good filter for 5-15min charts.

Thru

Files:crazybunny:hi every one and thanks for the help and support and the nice materials

i have a system of bill williams a very god one make 50-100 profit a day

actually i am not a programable

but i will post the idea of it and a chart showing how i works

if we can write this to meta trader and do EA it will be graet

please try it

-----------------

ractal Trading System

While there are many definitions for a fractal in securities trading, the definition

used in these systems is a minor version of the type defined by Bill Williams, Ph.D.,

and his chaos-based trading methods. According to Bill Williams, an "up fractal" is

defined as a middle bar with two lower highs on each side of it.

A "down fractal" would be the reverse being a middle bar with two higher

lows on each side of it.

This system is based on a very small fraction of Bill Williams’

complete trading system.

The system enters a long position when a price crosses

above the most recent up fractal. The position would

be exited and a short position entered when the price

crosses below the most recent down fractal.

----------------------------

Up Level and Down Level Fractals}

F1:=ValueWhen(1,H<Ref(H,-2) AND Ref(H,-1)<Ref(H,-2) AND Ref(H,-3)<Ref(H,-2) AND Ref(H,-4)<Ref(H,-2),Ref(H,-2));

F2:=ValueWhen(1,L>Ref(L,-2) AND Ref(L,-1)>Ref(L,-2) AND Ref(L,-3)>Ref(L,-2) AND Ref(L,-4)>Ref(L,-2),Ref(L,-2));

{Cross Up and Down Level Fractal}

a:= Cross(H,F1);

b:= Cross(F2,L);

state:= BarsSince(a)<BarsSince(b);

{Signal Long and Short}

ShortSignal:= state < Ref(state,-1);

LongSignal:= state > Ref(state,-1);

{Trend Up and Down}

UpTrend:= state>0;

DownTrend:= state<1;

{OpenBuy and CloseBuy}

OpenBuy:= LongSignal and (eventCount('OpenBuy')=eventCount('CloseBuy'));

CloseBuy:= ShortSignal and (eventCount('OpenBuy')>eventCount('CloseBuy'));

{OpenSell and CloseSell}

OpenSell:= ShortSignal and (eventCount('OpenSell')=eventCount('CloseSell'));

CloseSell:= LongSignal and (eventCount('OpenSell')>eventCount('CloseSell'));

-------------------------------------------------------------------

functions :

1.valuwhen

This Accumulation/Distribution formula uses the cum() function (see Cumulate*) to keep a running total of the daily values.

cum( (((C-L) - (H-C)) / (H-L)) * V)

2.Ref

References a previous or subsequent element in a DATA ARRAY. A positive PERIOD references "n" periods in the future; a negative PERIOD references "n" periods ago.

3. cross

Plots a "+1" on the day that DATA ARRAY 1 crosses above DATA ARRAY 2. Otherwise, "0" is plotted. If you want to know when DATA ARRAY 1 crosses below DATA ARRAY 2, use the formula "cross( DATA ARRAY 2, DATA ARRAY 1)"in what timeframe did you use this system?

also what is your stop loss and take profit?

Take a look at the attachment. Should be useful...

Files:shizo:Take a look at the attachment. Should be useful...

Its a chapter from "Trading Chaos" Bill Williams

CrazyBunny: Please post your fractal (interesting) in a

newthread.BTW. I wrote a fractal expert with zigzag and Bolinger Bands according to somebody's idea and failed.