Patrick Barks Posted October 14, 2012 Report Share Posted October 14, 2012 Found a good indicator but i dont want to trade it on manual as it will take forever to wait for signals, still looking for an EA Use on 1HR charts No repaint http://i.imgur.com/1IFLU.jpg http://www.mediafire.com/?a9lhden3ksoj568 Ormazd, Arsen71, marthart and 14 others 17 Quote Link to comment Share on other sites More sharing options...
Patrick Barks Posted October 14, 2012 Author Report Share Posted October 14, 2012 (edited) Without trying to beg, if someone made a simple EA for this it would be appreciated. I cant seem to find anything on the web about it. Buy on the close of the BLUE signal, close and sell on the bar of the Yellow signal. Up to you EDIT: Or simply add SL and TP profit values for the user to decides his own settings Edited October 14, 2012 by Patrick Barks Quote Link to comment Share on other sites More sharing options...
hermes Posted October 14, 2012 Report Share Posted October 14, 2012 Shows pullbacks! Next dot (up/down) after horizontal dots pullback ...... entry! It should work on 15 and 30M also? If not than wait one hour, no big deal. Hermes ForexMike 1 Quote Link to comment Share on other sites More sharing options...
Patrick Barks Posted October 14, 2012 Author Report Share Posted October 14, 2012 From what i realise the levels do not difffer from time frame. If you check through your times you will see that the blue and yellow dots dont change. I havent tested this manually like i say, im to impatient for that :) This will work on any time frame im sure ForexMike 1 Quote Link to comment Share on other sites More sharing options...
ForexMike Posted October 14, 2012 Report Share Posted October 14, 2012 Great posting Patrick...please keep up with the shares buddy Quote Link to comment Share on other sites More sharing options...
iwjw Posted October 14, 2012 Report Share Posted October 14, 2012 (edited) I ran the indi with my tool for 2012 on H1 and it's about breakeven for the year. So I wouldn't be interested to built an EA around it. Same problem as all trendfollower I know are ranging markets that drain your profits Still missing the grail part http://i.imgur.com/GMqrI.gif Complete graph at //i.imgur.com/GMqrI.gif Edited October 14, 2012 by iwjw ForexMike and Patrick Barks 2 Quote Link to comment Share on other sites More sharing options...
Patrick Barks Posted October 14, 2012 Author Report Share Posted October 14, 2012 Thanks for that, sure cleared up any speculation around it. Quote Link to comment Share on other sites More sharing options...
iwjw Posted October 14, 2012 Report Share Posted October 14, 2012 But I'm not done with the indi yet I'm looking at it a little bit differently for it's use as an breakout indicator We sometimes get areas where the dots are in a row with only slightly different values....consolidation Maybe a breakout of this areas is profitably tradable Quote Link to comment Share on other sites More sharing options...
Patrick Barks Posted October 14, 2012 Author Report Share Posted October 14, 2012 But I'm not done with the indi yet I'm looking at it a little bit differently for it's use as an breakout indicator We sometimes get areas where the dots are in a row with only slightly different values....consolidation Maybe a breakout of this areas is profitably tradable Good luck, let us know your findings. Im focusing testing a tool "currency strength meter" at the moment Quote Link to comment Share on other sites More sharing options...
hermes Posted October 15, 2012 Report Share Posted October 15, 2012 You have to back up it with other indicators to get confluence. As a breakout and flat trend indy it could work. Hermes ForexMike 1 Quote Link to comment Share on other sites More sharing options...
lll Posted December 15, 2012 Report Share Posted December 15, 2012 in flat grail you fail Quote Link to comment Share on other sites More sharing options...
hermes Posted December 15, 2012 Report Share Posted December 15, 2012 It is enhanced SAR, never use SAR alone! SAR is good for trail stop losses. Hermes casey12 1 Quote Link to comment Share on other sites More sharing options...
FXWallabie Posted December 17, 2012 Report Share Posted December 17, 2012 It´s similar to ASC Trend. Both they have bad results in backtestings. Quote Link to comment Share on other sites More sharing options...
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