BB Squeeze with JMA
Try this - remember you need JMA as well.
i ment same bbsq adv v2 and jma slope typical price hlc/3 (bluto did)
anyway, looks like JMA is too sharp they did something else
btw: momentum Signal Line added - BB_Squeeze_Advanced_v2
https://www.mql5.com/en/forum/173574/page91 ('cose its mtf - but off corse...)
Thank you FXBS.
The JMA is a little better than V2.
They are both better than the one on ebay though.
So, lesson for everyone. dont buy indicators off ebay, there is nothing new under the sun.
extern int LRegrPeriod = 14;
extern int JMAPhase = 0;
otherwise it controls from bollinger w/o kelt - messing squeeze (concept down to drain)
thank you, Mart!
better... they different...
My name is..... well, PBF, I am the "developer" of the PBF Squeeze! I am so glad that I found this forum and see people are talking about my indicator! Totally made my day. It seems like there are some questions about the Squeeze, I guess I am qualified to try and answer some of them?
Hart was the first one who mentioned the PBF Squeeze, and asked if any one knows what I have done to the BB Squeeze indicator. The answer is, ABSOLUTELY NOTHING! The only relationship between the 2 indicators is the name, the format (what else can you do except histograms, dots, etc?) and colors. We used to have the same middle line, which is an interesting idea. But if you think about it (and observe your charts), BB and KC are BOTH lagging indicators. The concept is great, but in reality it doesn't work. The middle line always turn red *many* bars too late. And often by the time it turns red, the chop is over and the market is ready to run again.
If it is clear that my Squeeze has absolutely nothing to do with the other one, you simply can't say I "changed the rules". I did not "change" anything.
Hart again mentioned my good result could be because of the tick data. There are many charts in different time frames on my website. You are welcome to request whatever you want to see, too! It has nothing to do with that!
I just love what fxbs said! Totally made me laugh out loud! First he admitted that "they paying the programmers - sure they got a lot of ideas and staff [stuff??] there", then "just be aware - they wrote a lot of salesman's crap; peddlers pushing their stuff". I totally understand once I become a "vendor", I am alone on the other side of the trading world, until i can prove that my *stuff* might be able to help a little. I am not offended. We are all burnt way too many times. Hey, at least I did not post pictures of big houses and sports cars like some do! I never say trading is easy, just buy and sell from the signals generated by my system! I said it's a hard work, and you need better tools to trade. If that's salesman's crap, well, I guess one can make money with stochastic then? It's free!
fxbs points our further that: "absolutelly right; trade-off here - more speed / more noize (little bumps) but they(he) did changed BBsqueeeze -(imbaded ma13 typical price), kinda like turboJma slope, replaced squize central line, changed the rules, and off course, used all salesmans dirty triks comparing apples to oranges pict : look how he made-up "6 bars late"" I am glad I have a chance to clarify this here! Seems like you are some indicator-developer-hater! LOL! Now, more speed doesn't always mean more noize. It is absolutely a trade off, but there are ways to reduce it and you don't have to sacrifice much. In that sense, I did not "change the rules" either, we have already established that. I don't know why it was not "6 bars late". As far as I understand, and direct quote from the 1st post here, "basically, go long on blue histogram when you get the first green dot after a series of one or more red dots. short on red histogram." You enter when the Bias line and histogram are both green after a divergence from my Squeeze, that's my system's rule, so why am I not 6 bars sooner? Maybe you didn't know the rules, maybe I don't know the rules of how to use the BB Squeeze, maybe I was only 5 bars earlier. But all that big hats for me.... Seems a bit unfair? If you think it is saleman's dirty trick, well, I am not going to stop you! But the truth remains the truth. I know, from a "business" point of view, I can't say "My indicators don't work, don't buy from me". That would be stupid. But do they really work? There are enough charts on my website. Why don't you be the judge?
Another thing I want to point out, if you spend enough time finding out the truth, you may not say some of the things you said!! I don't blame any one though, because I know there are a lot of crap on my website! Since my Squeeze is totally different from the other one, the rules are different as well, even when to get out. My Squeeze has 3 setups, 1. Re-entry, similar to how you use the other squeeze, but for us, it's our RE-entry signal ONLY. 2. Counter Trend trade as mentioned above (simplified....) (that's how I came up with 6 bar late crap!) and 3. both with and counter trend trades. My exit signal will also be much better than the other one. It's a fact. Visit my website and find out!
I don't see why the chart above is superior than mine. Please also pay attention to my middle line. It makes a tremendous difference. All my indcators are designed to serve a trading system. If you know the system, you will see the value of the indicators even more. But I don't want to get into an argument here. Let's say it is better. And please don't buy indicators from eBay! My indicators only work on TradeStation anyway.
I salute all of your efforts! I admire people who share ideas freely (correctly or incorrectly). And it is environments like this that will help traders come up with more, better ideas to make trading a bit easier. Over the years, I have learnt so much from forums like this and people like you guys! You may not want me to be your friend, but I am not your enemy, either. You were hurt by junks, so was I. I truly believe the result of my research will make a difference. It did for me, turned my results around and changed my life. But then again, you don't have to believe me, because I am a "vendor"! LOL! But if you study the charts on my website and think it might make a difference, then 35 pips is not really that difficult to make.
Maybe one day you will come up with better tools and I will buy them from you!
Thank you all! Keep up the good work!! Have a nice Sunday and good trading!! If you have any more questions, I'd be happy to answer them! I know you guys use MT4, not TS, and will not buy from me, but it doesn't matter! Maybe some of you can come up with a better Squeeze for MT4!
You developed indicators, system (which involves a lot of time, efforts (often other people) expenses, etc.) - we can't blame nobody if it's not free
to avoid phish concepts (substitution) - if system includes indicators(values), signals (and group of signals) interpretation and (more general) system rules; entry/exit, mm etc.
we can compare ind. -
if interpretation rules the same - ind. different - we can compare ind;
if interpretation rules different - ind. the same - we can compare rules
if all changed we can compare only systems as a whole
otherwise indicators comparison (per ce) out of system concept became pointless
we didn't discussed system - only technical indicator (and only one (no central bar, etc) part out of system) - signal(s) interpretation was left to Trader(SystemDeveloper) to decide...
Thanks for the comments. If you visit my website, you will find more free indicators than the ones I am selling. If I don't think an indicator is worth a dime and make a difference, I simply can't charge for it. Also, we are new but we are almost to the point that we want to shut the website down for a while because of the demand. We want to provide good service and I don't know how people found us really....... Many of them told us they had bought this and that and still failed. It's nothing new to me really. I have been there, done that! From this experience, I think we must have done something right...
It's true! So my point being: All the discussions about my Squeeze and the BB Squeeze might not be fair, because it's like you are comparing stochastic to MACD per se. I can name my Squeeze differently, but I thought 1. they look so similar, people will still think they are the same, so why not give it the same name and go head to head with the other one, to show how much better mine is, and 2. I thought there might be discussions in the trading world if I name it the same. Now *THAT* is my dirty trick! LOL!
Since those are two completely different indicators, while the other Squeeze only has one rule/signal (as i understand, I could be wrong!) mine has 3. And because of the nature of the indicators, you can't trade BB Squeeze using my rules. Because BBSqueeze is simply not precise enough. Several charts on my website demonstated that.
off-course it's not an ind. - it what you do with it ...
(system or way to use ise ind. it wasn't discussed)
though if trading is bad - it always indicator's fault...
LOL! LOL! You are right! It's always the indicators' fault!
Okay, I am not selling my indicators here, folks, seriously, don't buy from me. I don't know how to code for MT4 anyway. But my concept really is: If I spend, say, $400 on something that really can help me make 40 pips, just a bit easier and more confident, then the $400 doesn't seem to be too big, am I right? Of course if you already have a profitable system or indicators to make money, by all means don't re-invent the wheel and change what's working for you. But if you are looking for a better way, you can try and save $400 bucks by spending days, weeks, or months, even years in the search, in the meantime leaving your trading result to chance, or you can just spend the $400, and start making money when you are ready, be it a day, a week, or a month. I convinced myself with this concept long ago. It is the concept that changed my life, it is also the very same concept that has cost me a lot of money on junks! LOL!
So the question we ask ourselves is not the cost, it's whether or not the system will work. If the system doesn't work, like those EA's on eBay for $9.99, that's EXPENSIVE! If there is a mechanical system that makes, say, even 10% return a month and never fails, I will be the first one to sign up even if it costs 100000000! Okay, I am kidding, I don't have that kind of money! But you get my point!