TREND-COMPASS SYSTEM-A very profitable system - page 5

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tradeit007
4
tradeit007  

Hello everyone,

looking at EldersSafeZone.mq4 I got puzzled by this:

...

double Pen=0;

int Counter=0;

if (EMA0 > EMA1)

{

for(int value1=0;value1<=LookBack; value1++)

{

if (Low[shift+value1] < Low[shift+value1+1])

{

Pen=Low[shift+value1+1] - Low[shift+value1] + Pen;

Counter=Counter + 1;

}

}

if (Counter!=0) SafeStop=Close[shift] - (StopFactor * (Pen/Counter));

else SafeStop=Close[shift] - (StopFactor * Pen); <---------

Looking at the last line, if Counter is 0, isn't Pen = 0 ?

Is the code correct ?

Thanks

p23ss
3
p23ss  

ElderSafezone, SmoothCandel and Ehlers Fisher REPAINTS?

Osaze,

Your system is very sound when looking back.

But ElderSafeZone, SmoothCandle and Ehlers Fisher Transform, they all repaints while testing forward.

I observed it repaints at least the last 2 candles, the last and the current one.

How many candles to look back to confirm a switch of trend?

Thank you Osaze.

And keep up the great work.

kol8701
123
kol8701  

...

Keep up the good work.

Strictly 9ja.

Osazeme Usen
291
Osazeme Usen  

Am not a coder....really

tradeit007:
Hello everyone,

looking at EldersSafeZone.mq4 I got puzzled by this:

...

double Pen=0;

int Counter=0;

if (EMA0 > EMA1)

{

for(int value1=0;value1<=LookBack; value1++)

{

if (Low[shift+value1] < Low[shift+value1+1])

{

Pen=Low[shift+value1+1] - Low[shift+value1] + Pen;

Counter=Counter + 1;

}

}

if (Counter!=0) SafeStop=Close[shift] - (StopFactor * (Pen/Counter));

else SafeStop=Close[shift] - (StopFactor * Pen); <---------

Looking at the last line, if Counter is 0, isn't Pen = 0 ?

Is the code correct ?

Thanks

I really don't get the difference.....if you do pls correct it. tanxs

Osazeme Usen
291
Osazeme Usen  
p23ss:
Osaze,

Your system is very sound when looking back.

But ElderSafeZone, SmoothCandle and Ehlers Fisher Transform, they all repaints while testing forward.

I observed it repaints at least the last 2 candles, the last and the current one.

How many candles to look back to confirm a switch of trend?

Thank you Osaze.

And keep up the great work.

I haven't really noticed that they all repaint. I trade this system. Will use 1min timeframe to check your claim. I will also appreciate if you can post screenshots to illustrate what you are saying.

tanks for the observation

Osazeme Usen
291
Osazeme Usen  

Updates

I really noticed people have a hard time making profits with this system because of two reason.

1. It doesn't follow the main trend

2. The Elders Safezone is too confusing.

Not to worry, my gmail group is researching and has found better ways of trading this system by removing Elders Safezone and at the same time following the main trend. I will soon get it across to you all. I am currently testing and making a pdf for that purpose.

The testing will soon commence.......

HAPPY TRADING

Vlad Vahnovanu
383
Vlad Vahnovanu  

I can't wait to get the new update of this system.....

adewale001
24
adewale001  

I dont know how to install

I dont know how to install Trend compass on my MT4. I have only the PDF file.......

kol8701
123
kol8701  

...

do this step by step my computer- local disk c- program files- (name of ur platform)- experts- indicator then save the trend compass in there and open up ur mt4 platform.

bcmfxtrader
47
bcmfxtrader  

i tried to load the zip file in post 8 into experts>indicators ... not loading...please help !!

thanks !!!

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