josephR

Just in case you care to know, Trendwave logic is pretty simple. The indicator looks at the difference between a fast (5 bars) simple moving avg and a slower (21 bars) exponential MA. Up/down is signaled when this difference is larger/smaller than previous bar's. So it has all the issues inherent in MA based indicators.

It does not cheat by looking ahead like some commercial indicators so the historical performance should be just as good or as bad as its real time performance.

josephR

Thanks, GoldenBoy!

Here is the zipped and (a bit) cleaned up version:

system17.zip

josephR

Thanks for the useful indicator, ilias00001!

One note of caution on using this indicator: While I am no expert and others can set me straight, a look at the code reveals that this indi peeks 4 bars (using defaults) into the future to do its calculations! So, if you want to base any trading system on this indi, make sure you give it a lot of real time testing and do not count on its performance on historical data.

Depending on your definition of repainting you might not consider this repainting but nevertheless its polishing its results!

Unfortunately, I find many commercial vendors do this so their historical charts look much better than it should even though when you are looking at real time charts no repainting occurs!

Thanks again.

JosephR

@csn, thanks.

Here is a mirror:

http://www.4shared.com/dir/8OxnadgV/Gan_n_Reveal3d.html

JosephR

The Dog & Pony Show!

Folks, serious crook alert!

Seems like pure marketing with professional voice disguised as a professional trader!

Don't fork over any money until you are sure of the value you will be getting.

I am sorry I cannot substantiate the feelings I got from the dog and pony show, so just a warning!

JosephR

Kaishakunin,

would you mind posting the url to the thread? My search for MandroGolden does not turn up anything.

Thanks,

JosephR

Here is an excerpt that should tell you what the ultimate trade is all about:

"Here are ten things you can do to properly manage your trade. Pick one or two

that you feel comfortable with for now, and add others as your position

strengthens.

1. New Believer’s Packet: Free download from a Calvary Chapel in Hawaii. A

good read and highly recommended. Follow this link: http://************/kqo37f

2. Online Bible. This link will take you to an online Bible that is default-set at the

Gospel of John, which is a highly recommended Bible study for new believers.

Follow this link: http://************/nectnq

Another good source is the Blue Letter Bible which has unique searching

features. It wouldn't be a bad idea to bookmark these two sites."

Jesus is now being marketed as a Forex trading system! He must be rolling in his grave, emmm, sorry believers, in Heaven! >:)

Here is another thread for the same system, later posts have pointers to some backtest....

http://indo-investasi.com/showthread.php/7444-FX-Cruise-Control?highlight=cruise+control

JosephR

i have these indicators. can someone please take the decompile and take expiration dates off of them?

 

thanks!

 

 

http://www.4shared.com/file/ymHhXrGu/BPS_indicators.html

My guess is whoever can decompile DLLs would need the two referenced in the indis:

"shell32.dll" and "Tools4Meta.dll"

You might want to provide those as well.

Sorry I cannot do the DLLs.

JosephR

Marcuss, I just add my indi to Jayman007's template shared earlier (post#241?).

JosephR

PS,

I don't use the system myself. My interest is in the indi as a filter. I have not come to any solid conclusion one way or the other about its merits.

Hi guys,

 

Appreciate if some-one could have a go at de-compiling this gartley indicator. I tried but I think my de-compiler is outdated.

 

http://www.multiupload.com/9WLGB869KP

 

Thanks

 

Kenny

Here you go:

ElementalTrader v 2~.mq4

Well, in order to arrive at an objective conclusion about the merits of this system, I coded the indicators as histogram signals. Here is an updated version that is mtf and (unlike older versions) does not require any other indis to be present for it to run:

RumiRSISignal-v2.ex4

Let me know if you are having issues with it.

Soapbox:

While the system and its merits will ultimately depend on the user and everyone's mileage WILL BE different, I appreciate the civility of the arguments raised, pro and con. Waterskiguy should be commended for his effort and contribution. Lets remember that criticism has value when it is constructive. When I can show all the false/valid signals, I am contributing but when I pontificate and pooh pooh, I am not adding any value! My 2cents.

Hi to everyone,

I have got a customization request. The following is the link for the Heiken Ashi indicator, it appears as a red and white histogram in a subgraph at the bottom of the chart.

 

http://www.mediafire.com/?dpbm3rc8pbon2em

 

I would really appreciate if some one could make it appear as red and green dots in the subgraph instead of histogram .

 

Looking forward to it....Thanks in advance

 

Regards

heisamit

Here you go, hopefully this is what you are looking for:

http://www.mediafire.com/?33hoy3bdr1x4d33

JosephR

You are right. This is what happens when it is passed my bedtime :-)

Please accept my apologies and download again. I will wait for a confirmation that it is indeed working for you!

http://[email protected]/file/hjp7cDBj/RumiMTFGannHiLoRSI.html

JosephR

MTF Gann HiLo + Waterskiguy RSI SignalFfiltered By MTF HiLo

Folks, this thread seems to be winding down...hopefully this will get some folks interested enough to help us kick it to the next level...=D>

Here is an indicator that uses @wilson's recommended settings for MTF Gann HiLo.

It also (optionally) prints the RSI signals filtered by MTF HiLo state.

The acid test is choppy markets, as usual.

http://[email protected]/file/hjp7cDBj/RumiMTFGannHiLoRSI.html

Colors on the RSI signals as before, on the GannHilo:

LimeGreen->3 of 3 tfs are Buy;

DarkOliveGreen->2 of 3 are Buy;

DarkSalmon->2 of 3 are Sell;

OrangeRed->3 of 3 are Sell.

Other Settings should be self explanatory, let me know if not.

It would be good to know what your experience is using this indicator in conjunction with the MTF RSI signals (see prior post#250 in this thread. This indicator counts on some of the indis shared there to be present).

Enjoy!

JosephR

Wilson, there is a ZerolineFilter flag already that turns zero line filtering on or off. None for the Average line, though.

I will add that and the MTF GannHiLo on the to do list/pile ;-)

wilson,

Here is the logic:

If both RSIs are above average line:

if both RSIs are below average line:

If neither RSI or only one is above average line ->Black/Stay Out

To me average line is important, so I am giving it preference vis a vis the zero line.

Yellow is overloaded and has multiple meaning, so context is important:

Black then Yellow: Prepare for buy or sell,

Green/Red then Yellow: Caution, momentum unwinding.

Again, imo, this is not a stand alone buy/sell signal and should be part of a system.

Hope this helps. Let me know otherwise.

Sorry for the delay, folks! (Blame it on that pesky little thing in life called "Day Job") ;)

I fixed the issues with the indicators and I am really sorry if this caused any problem for anyone. I guess that is par for the course in the Open Source World, eh?

Here is a quick description of what is included:

RumiRSISignal+ZLFilter.MQ4:

Gives the RSI signal in the current chart timeframe. It also paints one of the two RSI lines and its average line. Set drawRSI flag to false, if you dont want to see the lines.

RumiRSISignal-MTF:

This paints two signals in two higher timeframes. 0 for the TimeFrame1 means current chart timeframe but for TimeFrame2 means next time frame relative to TimeFrame1. If you only want to see TimeFrame1, then set TimeFrame2 to -1. So, if you are on 15 min chart, 0,0 will get you 15 minute and 60 minute tfs (I skipped 30min!! but you can force it.)

This will depend on the RumiRSISignal-MTF-Fnc.ex4 to be in your indicator directory.

AlphaTrader+RumiRSI-MTF-15.tpl

This is Jayman007's good looking template with minor additions and MTF indicators, for the 15min charts, but you can easily change it for your favorite period(s).

Two notes of caution:

1-While I have tested for the repainting issue in real time, I did not have access to RT data for the MTF indicator. Please use caution!! Open Source is always work in progress!!

2-Please be careful using and interpreting higher time frame signals on lower time frame charts on historical data. They look too damned good, but they hide the fact that they peek into the future to tell the past/present, something that is sorely lacking in real time!! So if you are coming up with a system that relies on higher tf signals make sure you account for the fact that those signals are, for the most part, useless until the higher timeframe bar closes. I am sure you knew that already but just a reminder.

So, here it is:

http://[email protected]/file/4XVT5gkN/RumiRSI-mtf_2.html

Enjoy!

You're more than welcome, cOng7u!

The guy we all should be buying beer for is Waterskiguy who started this wonderful thread!

Cheers,

JosephR

Thanks JosephR for the nice indicator. According to the rule, we want RED histogram for Sell, and GREEN histogram for Buy. So, could you please modify the indicator so that Red & Green dots appear not only when RSI above or below the average line but above or below/below 0 (zero) line as well. Thanks

c0ng7u,

Is that a precondition for a 'Thanks'?....LOL....

This was meant to complement Waterskiguy's system/method, not as a buy/sell signal. In that context it acts as a filter for the buy/sell signals from Gann Hilo Activator Arrows and only on charts that have been screened for trend direction. But as you wished, I have modified it so Green/Red signals are only generated when both RSIs are above/below their respective zero lines or touching it.

hxxp://www.multiupload.c0m/11JNAN2P5Z

Update: http://[email protected]/file/4XVT5gkN/RumiRSI-mtf_2.html (see post #250

Enjoy!

Joseph

BTW, I don't claim perfection, so if others notice erratic behavior pls take a look, correct and share!

Here is an indicator that combines the two RSI Histo into a simple signal, giving you a quick visual aid as to whether RSI Histos are both above or below the average line or contradict one another. It lets you quickly evaluate the state of those indicators when Gann hilo signal comes in.

hxxp://www.megaupload.c0m/?d=00G5XX7R

Go ahead and put it on a chart and look back!I found the experience eye opening!

Enjoy!

JosephR

PS Leave the TimeFrame at 0 (current chart) as other time frames do not paint properly.