All John Ehlers Indicators... - page 15

matfx
612
matfx  

Yeah it is helpful if ElderFan can show here how to use the Elder Impulse Candle Color indicator.

fxbs
3203
fxbs  

thw. if it's here (JEthread) -what, we just decided Ehlers and Elders a same thing..?

Linuxser
5921
Linuxser  
fxbs:
thanks, Linux 4 Elder Impulse Candle Color.mq4

ElderFan, can you show a few examples how you use this indi?

thank you

Lime candles, go Long

Red candles, go Short

Blue candles, go for a beer.

Files:
ElderFan
6
ElderFan  

Hi Guys,

many thanks for posting this great indicators!

Exactly what i was looking for.

Linuxser: Exact! - And never go short if Bar is green (vv. for long)

ElderFan

sed34
91
sed34  

Using the COG indicator on longer charts. less chance of redraw possible.

First of all i know about the redraw using this indicator, but if you use a longer time frame like 1hr or 4hr there will be less of a chance of this happening. I'm trying this out now on a demo trade for the eur/jpy to test my theory. I wanted to know if other people already have done this. If so what was your results.

I got a chart to explain my point. For the cog to redraw there would have to be a major downward move. If the cog is trending up then take buy signals and vice versa.

would this work? so far i'm up

Files:
eur1.jpg 163 kb
Linuxser
5921
Linuxser  
sed34:
First of all i know about the redraw using this indicator, but if you use a longer time frame like 1hr or 4hr there will be less of a chance of this happening. I'm trying this out now on a demo trade for the eur/jpy to test my theory. I wanted to know if other people already have done this. If so what was your results.

I got a chart to explain my point. For the cog to redraw there would have to be a major downward move. If the cog is trending up then take buy signals and vice versa.

would this work? so far i'm up

Center of Gravity does not repaint at all.

Also, maybe you mistake the picture because I just see some channels in your chart but no COG.

sed34
91
sed34  

which center of gravity are you using. because i got the indicator saying it was cog. and it displays on the chart. Do you mean the line indicator below the graph?

fxbs
3203
fxbs  
sed34:
which center of gravity are you using. because i got the indicator saying it was cog. and it displays on the chart. Do you mean the line indicator below the graph?

here is explenation: posts 128, 80

https://www.mql5.com/en/forum/174980/page9

https://www.mql5.com/en/forum/174980/page6

Linuxser
5921
Linuxser  
sed34:
which center of gravity are you using. because i got the indicator saying it was cog. and it displays on the chart. Do you mean the line indicator below the graph?

Exactly fxbs.

I'm using the only Center of Gravity I know, the one developed by Ehlers. On post #129.

Files:
cog.gif 21 kb
sed34
91
sed34  

thanks for clarification. How did this start up where it was called cog? on other forex sites they use the term cog. the indicator i use does repaint, but it can give a good indication of a reversal. the deeper the penetration of the channels the more likely the reversal. I need to find a comfirmation indicator.

I'm using the price channel indicator for a limit target.

Files:
price.jpg 180 kb