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10suited

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  1. Hello everyone,

     

    i am looking for an MT4 Indicator for IPDA Ranges.

     

    The Daily Ranges of the last 20, 40 and 60 days with High and Low beginning from the 1st of the current trading month back.

    It could be something as simple like 3 vertical lines with H/L lines and pricetag.

    If anyone have this any help would be appreciated. Thank you.

     

    10suited

  2. Thank you JDizzle22 for helping and coding this indicator.

     

    for a better understanding how it is working i add some thoughts..

     

    2 MA lines: the 240 which is the monthly trend line and the 60 which is the weekly trend line.

    The colored Bars are always reflecting that in the chart, so you know and see the overall Top-Trend.

    When price is above both you have an UT and you buy only. The bar on the right side of the

    screen will be green. You can trade H1 or M30 to find a good entrance

     

    Sells will have a red bar; price is below both the 240 and 60 lines. This is a DT and we will look

    to sell only.

     

    When an UT is finished for now it will come back inside the 60 MA line. You can now trade

    either ways buy or sell based on the STO7 signal. The 60 or 240 lines can become your SL line

    Color is now an Olive color showing that an UT is now ranging or reversing.

    Once you see the 60 MA broken by price action, price will usually stall at this point

    so you can begin to look both ways to trade.

     

    When a DT is finished or stalls price will come back inside the 60 MA and you will get a

    goldenrod color. You can look to trade both ways when this happens. Again the 60 and 240

    will make good SL points.

     

    Sometimes you will get a real strong move and price

    will just shoot right through both lines into the other direction. Also sometimes the 240 and 60

    will be tight together signifying the market is fairly dead and you are just playing a 50/50 guess

    game if you trade.

     

    So the rules are simple:

     

    1.Green--buy you are in an UT

    2. Red--Sell you are in a DT.

    3. Olive--UT done for now price will range for a while or reverse. It may also rally a couple of

    times first but there won’t be new highs.

    4. Goldenrod--DT is done for now and price will range or reverse. It may dip a couple of times

    first though but there won’t be new lows.

     

    I like the 4H chart so I will look for my entrances there most of the time. However, you can still

    look at lower TF to enter and exit from.

     

    No matter what TF you go to the color bar always reflects what price is doing on the 4H chart.

  3. something similar like this, although there not all color combinations there for ex. UPTREND RANGE, OLIVE, OLIVE-GREEN, OLIVE RED...

     

    http://s32.postimg.org/fs8qnw0ad/21_04_2016_14_53_01.jpg

     

    so you can always see and know the Monthly Trend in every timeframe and can trade in 4H knowing if its UPTREND, DOWNTREND or RANGE

     

    the TOP-DOWN-Trend is the BASIS for every strategie. You can combine it or add on everything you want. Market Profile, Volume or Stoch whatever. This is a way always going with the trend, knowing the trend and find ways to get into early if there is a correction with good risk profit probabilities.

     

    the MONTHLY often changes 2-4 times per year, means you get 3-6 month trends only BUY or SELL.

    BUY over the MA 240, SELL under.

     

     

     

    Definition RANGE and the 2. BAR LIGHT:

     

    If there is a BUYING SETUP in RANGE (OLIVE or GOLDENROD) then the 2.Bar light should go GREEN. Look at the H1 chart for possible buy.

    If there is a SELLING SETUP in RANGE (OLIVE or GOLDENROD) then the 2.Bar light should go RED. Look at the H1 chart for possible sell.

     

    Definition TREND and RANGE:

     

    here are the rules:

     

    -- H4 (unchanged) --

    H4 GREEN BAR : Bid above MA240H4 and MA60H4

    H4 OLIVE BAR : Bid is between the two MA but above MA240H4

    H4 GOLDENROD BAR : Bid is between the two MA but below MA240H4

    H4 RED BAR : Bid is below MA240H4 and MA60H4

     

    -- if "ranging" H4 (OLIVE or GOLDENROD) --

    H1 GREEN BAR : Bid is below MA15H1 & Sto722 below 20

    H1 RED BAR : Bid is above MA15H1 & Sto722 above 80

    -- if "trending" H4 (GREEN or RED) (unchanged) --

    H1 GREEN BAR : Bid is above MA240H1 and MA60H1 but below MA15H1 (look for possible buy into the trend)

    H1 RED BAR : Bid is below MA240H1 and MA60H1 but above MA15H1 (look for possible sell into the trend)

     

    in UPTREND you should ONLY BUY!

    in DOWNTREND ONLY SELL!

    in RANGE you can do Range Trades or Countertrades

     

    the BIG Line is the 240 in H4.

     

    now you have the Definition what a TREND is and you can align your Trades to every situation.

  4. Hi All,

     

    the trick is to SEE in 1 Chart in all timeframes if we are in UP or DOWN Trend, RANGE Trend UP or DOWN

    TOP LEVEL DOWN even to 1min from the MONTHLY MA 2.

     

    does anyone know of a way or an indicator to show a simple colored vertical MTF Bar in a Chartwindow (up-down) with the following Parameters:

     

    What is a Trend?

     

    Trenddefinition Top-Down MTF (Monthly-Weekly-Daily-4H)

    the top trend in the Monthly is defined as a Moving Average with Period 2.

    thats the same a Weekly MA 10

    similar to Daily MA 60

    similar to 4H MA 240

     

    UT (Uptrend): The Bar should show color Green if price is over the H4 MA 240 and H4 MA 60 line

    DT (Downtrend): The Bar should show color Red if price is under the H4 MA 240 and H4 MA 60 line.

    UT RANGE: The Bar should show color Olive if price is between the H4 MA 240 and H4 MA 60 line in UT.

    DT RANGE: The Bar should show color Gold if price is between the H4 MA 240 and H4 MA 60 line in DT.

     

    LONG ONLY in UT.

    SHORT ONLY in DT.

    Range or Countertrend Trades in RANGE.

     

    As a filter to entry in the Toptrend Monthly in 1H Chart:

     

    UT: if H4 is over the MA 240 and MA 60 line

    a smaller second vertical Bar next to the MTF Bar should show color Green if the 1H MA 15 is under MA 15.

    =Big Green + Small Green Bar (if not only Big Green)

     

    DT: if H4 is under the MA 240 and MA 60 line

    a smaller second vertical Bar next to the MTF Bar should show color Red if the 1H MA 15 is over MA 15.

    =Big Red + Small Red Bar (if not only Big Red)

     

    This is a good basic way to get into a strong trend.

     

    Colors Olive and Gold are lights to see we are in a Range Market in between the 240 and 60.

    I like to see the Small Bar too, showing Range or Countertrend Trades with Filter 1H MA15 Olive-Green in UT. Gold-Red in DT.

     

    With such a very nice and clean simple indicator i would ALWAYS KNOW IN ALL TIMEFRAMES (Monthly to 5min) and showing in 1 Chart the TOP-DOWN Trend Monthly MA 2.

     

    I would also know if i am in TREND UP or DOWN or RANGE UP or RANGE DOWN and could also do Countertrend Trades. (with some Stoch or RSI)

     

    If someone knows how to do this, Thanks for help!

     

    The Trend is your friend, if you always know and see what is the trend :)

  5. just checked your trades today in GBP.CAD and GBP.USD

    why have you traded GBP.CAD ? cant see a signal there in h4 since March 17. For the last couple days it was inside the band

    GBP.USD you cant trade because the h4 candle closes inside, the next also.

    and TDI was below 68

  6. hello egaalh, thank you

     

    have some questions

     

    1. if the trade goes wrong after you added one at -50, at which point do you exit? max loss?

    2. when you enter in h4 timeframe, you wait for this timeframe to close, and when the next h4 tf starts and its still above/below the line then this is the exact enter to trade?

    3. i dont see the yellow indicator BBpB in your template named 'Main template for system.tpl' nor i can find this indicator. What kind of indicator is this?

    4. How many trades have you done with this system before and how are your results? how long do you trade this?

     

    thanks

  7. another H4 trade

    GBP.USD Short 1.4220 , touched TMA, 8 Ticks Heat, 30 Ticks green 1.4190 in this moment

    http://s15.postimg.org/d2v7hsmsr/11_04_2016_11_42_39.jpg

     

    3 H4 Trades so far in WTI, JPY and GBP all winners - Winrate 100% not a bad start :)

     

    i will let the JPY Trade run to 108.56

    GBP exit at around 1.4018

  8. looks good, it forces you to have patience and be disciplined to wait for the big signal

    2 Signals from TMA H4 timeframe today

    WTI Short

    USD.JPY Long

    both green, USD.JPY turned instantly green

     

    You have not even started to explain this method, people coming in with kind words and telling us what is NOT working and that you MUST be a beginner. This is always easy to do. Instead of sharing WHAT WORKS would be much more interesting as you are trying to do. Thanks.

     

    if i get your method right, although still not understand your previous comments in your strat and how they work together, it seems this is more of a Swingtrade Method. I like the idea trading in higher timeframes and ignoring shorttime trading. When you enter a trade in H4 your intention is to let the trade run a bit and give it some room. It makes no sense to place an 8 tick or smaller stop here. Therefore I go in very small to easily can take some heat in the trade.

  9. egaalh

    dont understand.. on one hand you say you only do something when RSI is 75 (short) or 25 (long)

    then you show a counter trend trade with black point and RSI 25 telling you its going up, before in the png you telling both black point and RSI is going up but you cant trade

    i assume because the 13 EMA is below the 55 EMA so its still a short trend

    how you do entry with the trend, RSI and Black Points?

  10. Thank you egaalh for sharing your stuff

    from my experience this system has nothing really special to it, and I can tell you this is NOT EVERYTHING you need to be able to trade

    you can have the best indicators on your screen, best signals and still lose in the market, we've been testing numerous indicators here and still no one can come and

    say IT'S ALL YOU NEED TO TRADE, cause it's not

    what you really need is a working strategy and most important of ALL is the mentality to trade and follow your rules, this is what you really need

    you can have a system that generate %50 and still make lots of money in the market if you're consistent, and obedient to yourself

    or a system that generate %90 accuracy and still lose

    what you need is to work on the worst enemy in the market which is YOURSELF and than you might have a chance to make it, otherwise you'll be lost in oblivious in indo-investasi trying and trying and trying and never really do anything cause every indicator out there is base on 3 different piece if information we get in the data feed which are price time and volume

    if you don't study price action and market movements you're wasting your time here with indicators.

     

    I wish for someone to really stop testing indicators and start testing strategies, all this is becoming boring already guys, and you MUST agee with me cause no one here really concentrate on strategies and I wish someone experience enough could start a thread posting trades based on strategies and not on indicators

     

    if you don't agree to what I say you MUST be a beginner in trading or someone with very little experience in the market.

    soooo who's the one to really start something like that?

     

    good luck to us all and thank you again egaalh and every one else who shares and educate everything here on this forum

     

    cheers.

     

     

    we all knew the worst enemy is yourself. You are saying we could just flip a coin with 50% expectancy Long or Short and still make lots of money? yes maybe its possible

    but then there is no point in sharing ideas in this forum (the goal is a strategy better than 50% and the rest working on the ego thing..)

    you say there is nothing special in it, you are looking for something special. Then you tell us there is no such special thing.

    i dont rem egaalh telling us this is EVERYTHING we need to be able to trade, he just shares his ideas. Its does not hurt to see how someone else is trading. For me its interesting.

    Even if you dont agree with, maybe there is always something to learn from. I am sure it generates more than 50% which is better than nothing

    so please egaalh go on and add the rest of your strategy thanks

  11. It use the same slot of another bartype.

     

    Search the forum for indicator called bartypeslot to see which slots are free, then you can change it accordingly.

     

    See here:

     

    http://indo-investasi.com/showthread.php/26408-The-KSqueeze!?p=384278&viewfull=1#post384278

     

     

    still cant get it to work. I changed RenkoHybridBarsType.cs to a free slot and copy it into: bin-Custom-Type

    open new chart still cant see it

    do i have to copy it elsewhere to folder custom? indicator? (when i do this i get an error when compiling) or do i have to edit some other file?

    thank you in advance.

     

    Solved!

    strange.. i installed another bartype kbars and without doing anything

    openend new chart and now i can see Renko Hybrid too

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