Challange! How good u are? - page 4

 

I use it with SSP 5 on GBPUSD and USDJPY, combine it with other indicators, it will give me very good results. See attachement for up and down (regular direction change, without news)

The up/down arrows are just an MACD(5,34,5) cross indicator.

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up_down.jpg  42 kb
 

Hey Pip Trip

You can modify it using MetaEditor. Or you can just try my version here. Hope it helps. Also, don't forget to change the SSP setting to 24 like how automatedtrader likes it and so goes for me too.

PS: Hope automatedtrader doesn't mind me using his version's name on mine too instead of OFFTREND. I just like his nickname of it. It somehow sets the trigger. lol.

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Sorry automatedtrader. I changed the name back to it's original name now. Just to avoid confusion. But I will still keep mine in the nickname you've given it. Like I said, I like it. Kinda like pulling the trigger.

Yah, that was a crazy friday. But I still see a lot of potential in this indicator. I'll continue trying it out. I like elihayun's style of putting in different settings to it and using three at a time. I'll try that too and submit my report here when something exciting happens.

Again, thanks guys for sharing.

vjrad

 

Retracement or Direction change?

The big dilema is, how do you know that what u see is just a correction of the market, or it is a real direction change. I think I found an easy way to find it out. See the screenshot, and find out how MA5+MA80 (only on a separate window) reveals the secret . Hope it will help

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gbpjpy.jpg  86 kb
ma_sep.mq4  6 kb
 

I was taking a walk last night..dark alaskan night ''but getting lighter'' soon it will be light all night while working i am off hours i work midnight to noon eur and US trading hours....i was thinking a MTF of this would be great, and i was also thinking of what you posted putting a faster version as a trigger or confirmation...ill be working on some stuff tonight ill post some pictures if i come up with anything...nice work guys i like the stuff you are doing try some triggerlines 50per and macd osma 26/48/16 hullmovingaverage 50 period, and aroon at 25 and that is exactly what I trade...i do get some whiplash at times, but the big trends make up for those....I do have a 25-30pip stop loss, i run a 25 pip trailer and take out half of my lots at 25pips but I will re-enter those and any that gets trailed out if my indicators that crossed cross back again as it is a re-entry to the current trend.... Alot of the times ill take out profit if my macd or APA ''offtrend'' cross..then I will re-enter on confirming recross of the indicators. that might sound confusing sorry

 

Nice additional indicators there eliyahun and automatedtrader. Are we coming up with a new system here? hehehe.

I tried setting them up in a chart and it looks nice. I'll observe them this week. I'm also looking to incorporate the Bollinger Squeeze into this and see what happens.

Be back when I see anything interesting. Good trading.

vjrad

 

I only use the 5minute charts for those...give nice day trends and reversals...i like big period for 5minutes that is my system nothing more except fxcm news for fibo and big money supports and resistances... i put the SQUEEZE up there but i dont understand it any explanation???...also put bbstop which confirmed all my signals didnt filter much a few trades this week.....basically Ill i need really is a filter for those small non 25pip signals..ill be checking out juice later today

 

I don't know if we have new system, but I see it working.... Next week will be the test drive of it

I think that if you are working in 5M-15M the MA5/MA12 will do the confirmation.

About the squeeze, if up/down histogram is displaying for long period (more then 4 bars) the meaning is (according to my experience) that a big move is about to come. When the bar turnes Green, the move is up and when it is red the move will be down. when a histogram is building and the color change from red to pink, it reversing (retracing) and vise versa.

 

Rainbow

Multiple Moving Averages capture it better than Trendlines or S/R... LoL

 

to linuxtroll

Can you share your indicator multiple moving average?

thanks