XO_Method REVISED - page 138
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This was discussed long ago right? Does anyone still use the
super XO, mtf superxo 4hr to be specific?
Its a horribly repainting indicator??
Thanks
BrianBrian, where do you get that from????? The XO-indicators do NOT repaint!!! Please read the explanation for "repainting indicators" in #Post....... You are obviously confused to say the least. It seems as if you have not read the Thread otherwise you would not have asked the question in the first place?
Brian, where do you get that from????? The XO-indicators do NOT repaint!!! Please read the explanation for "repainting indicators" in #Post....... You are obviously confused to say the least. It seems as if you have not read the Thread otherwise you would not have asked the question in the first place?
Oh no..thanks for responding. It seems great, I really like the 4h version I have been involved in too many threads at one time.. the developments here
and now I am much more focused so I apologize for missing this
info. Did not see it on your last template so I was wondering
if it was bypassed somewhere and I missed that discussion.
Thanks again
Brian
Sorry!
Deleted..posted the wrong thing. Sorry. LOL
Hi Valeo,
Can you elaborate how do you use the corrected moving average channels? I still do not get it by looking back-wards, my feeling is that the upper/lower channels serves as important support/resistance, but the slope of i-MA are lagging the price a bit(therefore MA cross or price cross MA is not useful). Do you only use them as support/resistance level? And what is the setting you're using? (15, 28 or 60?)
For Chimp2, are you using 6-SMA or 10-SMA for entries? Are you using 0.04 or 0.4 as filter(is this a typo?) I thought you have been using 10-SMA and 0.3/0.6/0.9 as filter. Can you share what is the updated settings you're using?
dyeungHi Dyeung,
I see you say............".........but the slope of i-MA are lagging the price a bit(therefore MA cross or price cross MA is not useful).
I don't understand how you can make such a statement. If you watch it in real-time, you will see that it is in fact as stable as a rock. Secondly, the Hi/Lo is indeed excellent Res/Sup-levels and hence the reason why I use it like that.
When you look back as in back-testing it, what you sometimes see is a slight widening away from the center-line (which you see as slope changes - please ignore "slope" for the rest of your days - it is NOT worth the time)which I cannot explain as it is the exact same indicator, just set at Hi/Lo but whenever it reaches the candles, it behaves correctly. If you do not want to use it, please don't as it will just cause you more frustration to have to look at it.
I use the 28-EMA setting for M-5. (I thought I mentioned that from Day 1 that I trade 28-EMA on M-5?)
I still use the 10-SMA on the Chimp2. It gives the best results for me on my platforms. You may want to experiment with your platform and let us know should you get different results.
No, there is "NO TYPO" - are you a "speed reader" by any chance? You seem to read so fast that you miss the nuances. The "0.04" is the filter so that I do NOT use the zero-line as entry line. If you back test it, you will clearly see why.
The levels I use was in fact 0.3 / 0.6 / 0.9 as per the developer's recommendations, but I have dropped the 0.3 to get a cleaner looking chart. I find the 0.3 to be of no value at all - not that I say it has no value, just for me I see none.
Trust this helps.
"leveraged names" selling GBP/JPY in size... - like our own BigJoe perhaps?
cchhhhhh .........
Yes the day was pretty interesting and lucrative !
GY + Kble !
Alert for Chimp2
Hi Valeo,
May I suggest that to put alert when the Chimp2 cross 6/10 SMA? Anybody willing to do it? I'm not a coder.
Thanks.
Hi Brian,
I have in fact done better - I have been trading the Chimp2 live with excellent results. First just by using the zero-level entries and then using the 10-SMA_cross of the Chimp2 and obviously the latter is superior, so my Template now shows the indicator with SMA as you will see from the attached screen-print.
I am sure you can construct the set-up yourself, but if not, just let me know and I will assist you (and others).
Best wishes for another great day in paradise.Hi Valeo,
May I suggest that to put alert when the Chimp2 cross 6/10 SMA? Anybody willing to do it? I'm not a coder.
Thanks.Sadly I am not a coder either, but maybe we can ask in another Thread whether someone will be kind enough to do that for us.
Best wishes.
Hi,
Here is a small contribution to the thread and my friend Valeo for his never ending efforts.
It is an indicator named Valeo Display which combines the indicators used in a nifty 'traffic lights' display in the upper right corner of the chart.
Pretty simple to read, it displays a light for each indicator, red when the specific indicator shows short, green when long, yellow when overheated (or stand by) and gray when turned off.
So when everything shows red it suggests entering a short position and when everything is green a long position.
Since this is an indicator, it doesn't trigger trades but it alerts you either by standard MT4 alerts, by a MSN like pop up window to the lower right of your windows taskbar and it can send emails.
A quick and dirty user's guide is also attached, but if you have any questions please don't hesitate to email me (so we don't clutter the thread) and I will be glad to assist.
I hope you will find it useful.
Yannis