smurf43

This is my first indicator...
Tell me how you like it,comment,suggestions for new features
Template here
http://www.multiupload.com/KEEQZVKVNG

Hi, I'd like to share a very special script (& indicator) that when you're in a trade, apply to your chart and it will trail the trade automatically using average true range! I think this is superior to other trailing stops because it adjusts for the market's volatility. Being a script, once you exit the trade, the script disappears from your chart (it is for only one time use on that trade).
 
Here is a screenshot of the ATR Stops (settings 2,4,2.2) indi at work.! I think you will find it quite amazing at keeping you in the trade. It may just become the most valuable trading tool in your arsenal !
 

http://screencast.com/t/OayOGQGdPxu
 
 
Put this indicator in your experts/indicators file
 

http://www.multiupload.com/CJZO30WN0Z
 
and this script in your experts/scripts file:
 

http://www.multiupload.com/CQ23KD9MT4
 
restart MT4 and you should be good to go. Then whenever you wish to use the script, just drag it onto your chart...
 
I think you will find this to be a very good trailing stop. Current default settings are 1, 3, 1.5 (very tight!) but for a loser trailing stop you can change to 2,4,2.2 or even bigger.
 
 
* I was able to get them working fine so no help needed.
 
Diesel10

I decided to stop visiting this topic. I really don't have enough time to be a part of discussions.
All praise to yackey improvement indicators . I hope I helped at least part of the visitors , and here single out only one message , which proves that I made it my goal was.
 
hi django.,
your system made me somuch flexible.when i apply it to system i already use i get clear pips.
thankyou very much
 
If someone have really good idea to improve this system or just need some explanation, please send me a message and I'll replay to all. [email protected]
 
http://i1234.photobucket.com/albums/ff415/roccoprc/final.png
 
Final version:
 
http://www.box.net/shared/y81gkh6qlh1kufb7c99t
 
or
 
http://www.4shared.com/file/dl-t1djW/maiwinsystem_V3.html]maiwinsystem_V.3.rar

Here are all files with screenshots and explanations. I'll answer to all further questions.
 
http://www.box.net/shared/4i7p8zkpk3xstkm1aoj3
 
 
 
http://i1234.photobucket.com/albums/ff415/roccoprc/Actual.png

Here is an indicator that is quite impressive. Just check out some of the results. He also gives his formula for the trading method that this indi is based on.
 
http://i1130.photobucket.com/albums/m527/newbie1112/804437653.png
http://i1130.photobucket.com/albums/m527/newbie1112/590043941.png
http://i1130.photobucket.com/albums/m527/newbie1112/523540025.png
http://i1130.photobucket.com/albums/m527/newbie1112/516643257.png
 
Here is the indicator: http://www.multiupload.com/KYZ2BF3G21

Never used it but here it is:
 
http://www.4shared.com/file/bX4t1kfH/Gow.html
 
Enjoy :)

I spent all afternoon looking but here are two EAs that do the job of trailing the stop loss using Average True Range. In other words they use volatility to know where and when to move the stops and the results are usually superior... I demo tested both with outstanding results!
 

http://www.mediafire.com/?hy6czf36ln3qgad
 
The first one e-TSA_NRTR_Last has a choice of two methods.
 
SL EA based on ATR by kimiv.ru
2 modes vts1 & vts2
 
vts=1
TS=kts*valATR, (valATR=Patr value(ATR period))
SL=kstop*valATR
 
vts=2
TS=HI-LO, (HI-LO=Prange value(perods for HI,LO)
SL=kstop*(HI-LO)
 
 
The second one FX Guru's you need to put a order number and it is based on ATR stops.
 
 
Enjoy!

hxxp://www.meg@[email protected]/?d=A0VE1O4H

I have not used this yet. But looks interesting ......
 
Follwing has been taken from the website -
 
Mouse Without Borders is a project I’ve been familiar with for the last 6 months or so and it’s a wonderfully useful tool. In a nutshell, it allows you to reach across your PC's as if they were part of one single desktop. I have two PCs on my desk at work connected to 3 LCD screens and using Mouse Without Borders I can move my mouse between the 3 screens, even though one of them is attached to a different PC from the other two. What’s more, I can move files between the 2 computers simply by dragging them from one desktop to another. In fact you can control up to four computers from a single mouse and keyboard with no extra hardware needed – it’s all software magic, developed by Truong Do who by day is a developed for Microsoft Dynamics. The software is easy to setup and in addition to enabling drag and drop of files, you can lock or log in to all PCs from one PC, and as a whimsical bonus is it allows you to customize your Windows logo screen with the daily image from Bing or a local collection of pictures :) I regularly use it to have one PC dedicated to social media streams while I work away on my other PC connected to two screens.
 
The video above both explains and shows Mouse Without Borders far better than I can using words. The project is testament to the power of The Garage which helped Truong develop the user interface and setup the usability tests that have helped the tool become very accessible and easy to use. As well as that, The Garage and its regular Science Fairs inside Microsoft helped expose the project to 9,000 people before it was ready for external release. Now that day has arrived and I’m delighted to announce here on Next at Microsoft that Mouse Without Borders is ready for download.
 
Get if from -
 

hxxp://blogs.technet.com/b/next/archive/2011/09/09/microsoft-garage-download-mouse-without-borders.aspx

I have not used this yet. But looks interesting ......
 
Follwing has been taken from the website -
 
Mouse Without Borders is a project I’ve been familiar with for the last 6 months or so and it’s a wonderfully useful tool. In a nutshell, it allows you to reach across your PC's as if they were part of one single desktop. I have two PCs on my desk at work connected to 3 LCD screens and using Mouse Without Borders I can move my mouse between the 3 screens, even though one of them is attached to a different PC from the other two. What’s more, I can move files between the 2 computers simply by dragging them from one desktop to another. In fact you can control up to four computers from a single mouse and keyboard with no extra hardware needed – it’s all software magic, developed by Truong Do who by day is a developed for Microsoft Dynamics. The software is easy to setup and in addition to enabling drag and drop of files, you can lock or log in to all PCs from one PC, and as a whimsical bonus is it allows you to customize your Windows logo screen with the daily image from Bing or a local collection of pictures :) I regularly use it to have one PC dedicated to social media streams while I work away on my other PC connected to two screens.
 
The video above both explains and shows Mouse Without Borders far better than I can using words. The project is testament to the power of The Garage which helped Truong develop the user interface and setup the usability tests that have helped the tool become very accessible and easy to use. As well as that, The Garage and its regular Science Fairs inside Microsoft helped expose the project to 9,000 people before it was ready for external release. Now that day has arrived and I’m delighted to announce here on Next at Microsoft that Mouse Without Borders is ready for download.
 
Get if from -
 

hxxp://blogs.technet.com/b/next/archive/2011/09/09/microsoft-garage-download-mouse-without-borders.aspx

***TRADE LIKE A BOSS*** setup
 
%5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/SellEntrys.jpg[/img]
 

 
Here you go Indo. The Trade Like A Boss setup.
 
Most of you who has used Xard's setup's before know that they are built for the MT4 system.
Those of you who have not used one of Xard's setups before, just to let you know, the TRADE LIKE A BOSS setup is to be used with Metatrader 4.
 
The TRADE LIKE A BOSS setup is to be used to trade Forex, GOLD, & Silver.
 
 
BOSS MODE is a trend catching setup, meaning it was designed and built to get you in and out of the trend.
The reason for this is becuase most pips are made while catching the trend.
 
OK...Here goes..
 
 
Inside the Oscillator window you will see the Range indicator.
 
 
This is real easy to read...
 
 
White line above top black line.... price going up
White line below bot black line.... price going down
 
 
Now, this indy will show the start of a new move when the white line crosses the black line especially if the Oscillator has just changed as well.
 
 
The drawback to using this indy is even though it is great at showing us when to get in on the start of a new move, it is much harder to see continuation moves with this indy.
 
 
Not to worry. The histo indy that is in the window above the Oscillator is a filter indy :-)
This will work hand hand with the range indy to show us continuations in the current trend as well as an exit strategy if you are not already out of the move, if the filter goes against you then it is time to exit.
 
 
Also the filter indy will help you decide if its a good time to get in.
As a rule of thumb... do not trade against the filter indy... it is there for your protection.
 
 
The higher gann ssl which will show you 4hr on 1hr & 30m chart and daily on 4hr chart.
This way you can see the immediate higher timeframe as it is critical to your decision making process.
Trading with the higher time frames is preferred.
 
The smaller Gann ssl is part of your trigger. You want to be in a red smaller gann ssl to look to sell, and in a green smaller gann ssl to look for a buy.
You want to be in a red small gann ssl with in a yello big gann ssl to sell, and in a green ssl with in a purple big gann ssl to buy.
 
 
The DSR in the main chart that looks like a squared cross hair or hash mark, think of it as a zero line, you want to be above it when going long and you want to be below it when going short.
It is there as a confidence booster. Just watch it for a few days and you will see why.
 
 
The indys help support each other in the whole decision process.
 
Let me know what you think so far.
 
And if you like what you see. Please give thanks.
 
%5Bimg%5Dhttp%3A//i1096.photobucket.com/albums/g336/ismael360/tradelikeaboss2.gif[/img]
 
Just remember the Range indicator is very important. You shouldn't take the trade unless you have the Range white line crossing the Top black line for a buy trade and cross the Bottom black line for a sell entry.
I want the Range line to be facing up or down when it does it's cross.
A Flat Range line is a weak signal.
 
Use the Trend signal Arrows to confirms your entry decision. At least until you get the hang of this setup.
When you get a Trend Sig Arrow, make sure you got Trend bars across the the DSR ( the grey hashmarks), or at least the mid line of the hashmarks before you take your entry.
DSR. Stands for Dynamic Support & Resistance. It's support and resistance that adjusts to price while price moves. So you want to break past S & R before taking a entry on a trade. You might even want to wait for price to retest the S & R that you just broke thru before you enter a trade.
 
http://i1096.photobucket.com/albums/g336/ismael360/TradeSignal.jpg
 
Also on the Trend Sig. When it stop. What I mean is say your getting trend signal arrows on each candle and every candle afterwards, but then on the next candle you don't.
The streak of trend arrows has stopped so this means the trend may have slowed down or even stoped. So this is something to keep in mind.
 
Another that you want to pay attention to is the Murey Math. There a many ways to use murrey math, and if someone has some ideas on how else to use it here to beter trading this setup, please let me know.
 
But as for me, I try to keep it as simple as possible.
So what I look is how much price has moved across the murrey math map.
I do this to get an idea to when it may be running out of gas and when it may want to start going in the other direction.
So say price trends downwards for a while and then it comes into the oversold areas of Murrey math. The 1/8 and -1/8 area and beyond. Now I'm looking for signs of weekness.
Like a double or triple bottom.
Now that I'm in the over sold area of the murrey math. I'm not looking to take anymore sell trades.
I'm now looking for the trend to change and go upwards
 
On Take Profit It will be different for each time frame. I will set a predetermined number of pips that I want to take profit at. For the 1hr eur/usd for example I would strive for around 60 pips.
I always open 2 trades on a pair at a time, this way I can try and make the second trade run.
So I open 2 trades on the eur/usd and set the first trade to take profit at 60 pips or the nearest monthly pivot, s/r. Once I have taken this first take profit on the first trade I let the second run until the candles change color against me.
The how point of this is to bag my first trade early to give me leeway to let the second run.
This is just my style of trading, you should do what works for you.
 
When it comes to StopLoss. I first set an initial stop loss of 80-100 pips to avoid my account from being wiped out from some freakish news.
Once I take the trade off the DSR in the direction I want to go, and the trade has moved my way a little I then move my stoploss to just above or below the last small gann line entry.
The whole point of me doing this is that I want to get out if the trade goes against me. When price goes against you and it hits the last high or low of the last small gann line then the gannline changes and price can be going against you. Keep in mind that when a trade first begins that it can go up and down until it goes the way it is going to go that 's why I wait until the trade goes my way a little before moving stoploss close to small gannline.
Again this is just the way I do it, so you should do how ever you feel confortable trading.
 
I hope this help.
 
Download here:
 
http://www.sendspace.com/file/mxs6nd
 
 
Ish
 
p. s. Xard wanted me to thank those who help me find his book, regards.

All I can say is Forex Growthbot EA has done very well for me in my live account. However if I get up big in a trade, I often take over and manually trade it so as not to lose that profit.
 
Warning: the educated Growthbot on this site is faulty. It sometimes loses control of the trade. Do not use it live!

Hi,
first i apologise for my english it's not as good as it should be ;)
 
But anyway after all the romour the last day's about selling systems and so on i decided to release my system which works great.
 
I dont want to sell the system but im happy about any appreciation. Furthermore i will provide the best support i can but please be patient i dont sit the whole day in front of my computer. Please dont spam the thread with any unrelated stuff oder questions. Use the pm function of the forum and if you dont have enough posts to send some- get them ;)
 
 
 
This is not an easy system! You must have a bit of knowledge about price action and pivot points.
 
The picture explains nearly the whole system.
 
 

http://img221.imagevenue.com/loc796/th_031721970_system_tut_122_796lo.jpg 

http://img221.imagevenue.com/img.php?image=031721970_system_tut_122_796lo.jpg



 
I only trade this with the EUR/USD Pair on the 5 MIN Chart.
 
But here are some rules for a buy trade:
 
1. The price must breake trough the Bands.
 
2. Look at all the indicators
2.1 Is the Macd bar above the 0.00 Line ?
2.2 Is the OsMa Bar green ?
2.3 Market direction is up ?
If you can answer all questions with yes go ahead.
 
3. Wait for a short "inner candle reversal" as price go never straight to its destiantion.
Short explanation
http://img249.imagevenue.com/img.php?image=032202711_chart_example_122_142lo.jpg
4. BUY
 
I dont use any stop loss but if i would i think it should be about 15 Pips.
Let the trend run and dont exit to early i expect about 15-30 Pips.
There is no such thing as real exit strategy just let it run and dont expect to much pips as i said 15-30 pips is what im looking for.
A possible exit could be a change of the candle colour .
 

Download

http://www.mediafire.com/?98m9j8xnz2upg57

!XPS v8
 
The link to !XPS v8 Release Candidate 011 is on the first post of this thread.
 
All the best
 
Xard777

I cobbled together an EA for One Night Stand.
 
Ruleset:
http://www.4shared.com/document/jwCjj1gr/OneNIghtStand_Ruleset.html
 
EA:
http://www.multiupload.com/PK9H2JZYA7
 
Defaults are as per instructions.
 
It backtests OK; please feel free to modify.

My recommendation:
 
I would recommend setting your risk at 2% per trade, Risk:Reward = 1:1, and use the nearest relevant high or low to calculate your SL, TP would be set at equal distance from entry point to SL.
 
You will know before the green signal line is broken where your SL and TP are, so you will know what you are risking before you enter into the trade.
 
*****
 
I use stop orders for the entry setups, it saves me precious time from having to be glued to my screens, win ratio is approximately 70-80% accurate with this plan.
 
I trade it across multiple pairs on M15 + M30 time frames, but I never enter into more than one trade at a time, which means, if I am in a EURUSD trade and a setup comes about on GBPUSD, I will wait for the completion of my active trade before I risk any more money.
 
*****
 
The suggestions for SL and TP from the indicator are fine for the beginning trader, however, the R:R ratio does not work for me. I will not trade anything that has a Risk:Reward ratio of less than 1:1.
 
*****
 
My trading plan:
 
I personally prefer using the Risk:Reward ratio setups @ 1:3, use the nearest relevant high or low to calculate my SL, TP would be set @ 3x distance from entry point to SL.
 
I am used to trading 1:3 setups. I am comfortable with these setups, as the mathematics in play require my winning ratio to be at a mere 25% to break even, WR @ 26%+ and I am in the clear zone.
 
Example of R:R = 1:3, based on a total of 10 trades:
 
25% Winning Ratio
Losers = 7.5 trades x 1R = -7.5R
Winners = 2.5 trades x 3R = +7.5R
BREAK EVEN
 
30% Winning Ratio
Losers = 7 trades x 1R = -7R
Winners = 3 trades x 3R = +9R
+2R IN PROFIT, if 1R = 2%, then 2R = 4% PROFIT
 
40% Winning Ratio
Losers = 6 trades x 1R = -6R
Winners = 4 trades x 3R = +12R
+6R IN PROFIT, if 1R = 2%, then 6R = 12% PROFIT
 
50% Winning Ratio
Losers = 5 trades x 1R = -5R
Winners = 5 trades x 3R = +15R
+10R IN PROFIT, if 1R = 2%, then 10R = 20% PROFIT
 
I think you get the idea =)
 
This is my trading style, it works for me because I am comfortable with it.
 
Before you go crazy and all out, try my recommendation of R:R = 1:1 on a demo account for sometime until you gain confidence. Continue on to demo trading 1:3R setups, and if and when you feel comfortable or become confident that this will work for you, that is when I would proceed on to the next step and start trading it on a live account.
 
As always, I am here to help. I will not be able to comment on every reply or answer each and every question, but I will do my best to share information that will answer most of your questions and concerns. =)

EURJPY Live Trade Examples
 
Here are two live trading examples.
 
Please note that they are both SELL trades, and I use the numbers on my BID chart. Had it been a BUY TRADE, I would have added my approximate SPREAD in pips to the price shown on the green signal line for entry stop orders.
 
I hope the information helps! =)
 
http://img535.imageshack.us/img535/7297/craventrade.png

!XPS v7
 
Here is the link to !XPS v7 Release Candidate 008
http://www.sendspace.com/file/5ibx1e
 
All the best
 
Xard777

!XPS v6
 
Here is the link to !XPS v6 Release Candidate 001
 
http://www.sendspace.com/file/hv2u0e
 
All the best
 
Xard777

Hi Diesel_10
Sorry to hear that... I have these, or some similar but do not know where are they, so they exist :)
anyway, here you will find out half of them:
http://mtexperts.narod.ru/eng/trailingstoppeak.html
 
I hope it helps

Here is the Xard777 Systems Collection
 

hxxp://www.f0rexstrategiesres0urces.c0m/trading-system-mt4/17-collection-trading-systems-created-by-xard777/

hxxp://www.meg@[email protected]/?d=A0VE1O4H

hxxp://www.meg@[email protected]/?d=A0VE1O4H

hxxp://www.meg@[email protected]/?d=A0VE1O4H

hxxp://www.meg@[email protected]/?d=A0VE1O4H