PriceChannel Parabolic system - page 18

[Sergey Golubev]

newdigital:

That's correct: latest version of PriceChannel downloaded from this post + AFL winner downloaded from Codebase here + MaksiGen_Range_Move MTF from here (optional; but I am using 2 MaksiGen indicators - one for current timeframe and the other one in MTF settings) 

Just to remind that it was PriceChannel AFL scalping system.

[Sergey Golubev]

And it is interesting situation for GBPUSD M1 for now:

• level for buy stop is 1.5052
• level for sell stop is 1.5025
  

[zeno]

Hello newdigital,

I'd like to come back at the parabolic sar indicator (color_parabolic) in MT5 you discussed a few days ago. How can I add an alert on it for the first dot in a change of trend? 

Thank you. 

[Sergey Golubev]

Are you talking about this page https://www.mql5.com/en/forum/9660/page11 with color parabolic indicator uploaded as improved version with MTF feature? I did not remember who improved it for MTF ... Alert on close bar (one time alert)?

[zeno]

newdigital:
Are you talking about this page https://www.mql5.com/en/forum/9660/page11 with color parabolic indicator uploaded as improved version with MTF feature? I did not remember who improved it for MTF ... Alert on close bar (one time alert)?

Yes, that is the page I refer to. How to add an alert (sound, pop-up window with details) on the 1st trend change for close bar. Can this also be done for open bar, which is interesting for longer time window? Thank you.

[Sergey Golubev]

Yes, I understand. I will try to ask someone.

[Sergey Golubev]

I just watched this system in action in volatile market condition and I want to say this this system is good for more higher timeframe than M1 for example (in case of big price movement expecting):

Chart USDCHF, M30 — MetaQuotes Software Corp., MetaTrader 5, Demo, 2013.03.14

[Sergey Golubev]

This is at least 10 pips in profit for now for GBPUSD:

MetaTrader Trading Platform Screenshots

GBPUSD, M1, 2013.03.22

MetaQuotes Software Corp., MetaTrader 5, Demo

gbpusd pricechannel

 

and we really need some kind of 'timefilter' indicator to color the background of the chart based on trading time interval for example. If I trade since 8 am till 5 pm broker's time so it may be good to color the chart with this interval. Just an idea. 

[Sergey Golubev]

By the way - I will make 'summary comment' for this thread today so we will know about what we have to download and what we need to code or to explain. On the same way as for few other threads:

Forum / How to Start with Metatrader 5

I want to remind about the summary comments made for some good threads of the forum:

• https://www.mql5.com/en/forum/11134  - this is the summary for this thread
  
  
• https://www.mql5.com/en/forum/9773/page29#comment_453141 - this is the summary for this thread Market Condition Evaluation based on standard indicators in Metatrader 5
  
  
• https://www.mql5.com/en/forum/10741/page14#comment_451396 - this is the summary for this thread Signal Systems

So, no need to read 20 or 50 pages of comments just to find something usefull and interesting - we can read the summary comment with links to decide and to download in very quick way.

More summary comments are comming soon.

More to follow ... 

 

[Sergey Golubev]

 PriceChannel Parabolic system

 
PriceChannel Parabolic system basic edition

• indicators and template to download for black background (first post of this thread)
  
• PriceChannel indicator is on CodeBase here, same for white background, how to install
  
• Clock indicator to be used with this trading system - Indicator displays three variants of time in the chart: local, server and GMT 
• PriceChannel ColorPar Ichi system is on this post 
  

PriceChannel Parabolic system second edition

• indicators and template to download for black/white background - look at this post.

Latest version of the system with latest EAs to download

• pricechannel_parabolic_system_v1 EA
  
• pricechannel_parabolic_system_v1_1 EA with updated indicator
  
• Fully updated EA with trading system is on this post and latest indicators to download  

How to trade

• tp/sl levels and timeframes
  
• how to trade with explanation
  
• graphical illustration about where to enter and where to exit with latest version of the system
  
• how to use AFL Winner indicator with more explanation,
  
• Updated manual system with templates and indicators - this post 

 
The settingas for EAs: optimization and backtesting 

• optimization results for this EA for EURUSD H4
  
• backtesting results for EURUSD H4 with the settings #1
  
• backtesting results for EURUSD H4 with the settings #2
  
• optimization results for EURUSD M15 
  
• backtesting results for EURUSD M15 with the settings #1
  
• optimization results for GBPUSD M15
  
• backtesting results for GBPUSD M15 with the settings #1

Trading examples

Metaquotes demo 

• MT5 statement is here
• Updated statement is here
• More trading updates
• Updated MT5 statement
• More updates
• 811 dollars for 3 trading days and final statement for scalping

 

GoMarkets broker, initial deposit is 1,000

• statement (77 dollars in less than 1 hour)

Alpari UK broker initial deposit is 1,000

• statement (517 dollars for one day)

RoboForex broker initial deposit is 1,000

• first statement
• updated statement  (257 dollars in 2 days)