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Posted

Re: Squelch Those Whipsaws

 

  vwrestler said:
I have downloaded the file but have difficulties opening it.

Is the password:

sq

or [sq] ?

 

Thanks.

 

I believe it should be exactly as it is mentioned - [sq]ryaz

Posted

Re: Squelch Those Whipsaws

 

This indicator is quite good at filtering out the whipsaws, but it also filters out quite many profits...

 

There're quite a few existing indis to do the filter, like:

1. DMI

2. bbsqueeze

3. ATR (much less efficient than others)

Posted

Re: Squelch Those Whipsaws

 

  ppc123 said:
...but it also filters out quite many profits...

The indicator has a threshold so you can adjust the cut-off range. What is good about John Ehlers' indicators is that they are somewhat predictive. This is true because the indicator computes a dominant cycle for the market and assumes that if the market is cyclic the frequency of the dominant cycle will be more or less the same in the future.

regards

Ad augusta per angusta
Posted

Re: Squelch Those Whipsaws

 

  ryaz said:
Well a useful indi I couldn't find for mt4 is John Ehler's squelch, originally published in tech. analysis if stocks & commodities

[spoiler:1d5f6vop]http://www.traders.com/documentation/feedbk_docs/2000/09/Abstracts_new/Ehlers/Ehlers.html[/spoiler:1d5f6vop]

Here's my version of the squelch filter.

[spoiler:1d5f6vop]http://www.f0rexsh@ring.com/294722

p.[sq]ryaz[/spoiler:1d5f6vop]

regards

 

Hi ryaz,

 

Can you post some charts how to best use your indicator? Using the default setting or experimenting with different ones I don't see how it can consistently filter out consolidations or choppy periods. Thanks.

  • 2 weeks later...
Posted

Re: Squelch Those Whipsaws

 

Yet another version of the squelch filter parametrised and combined with the sinewave indicator

[spoiler:15s4tfur]http://www.forexsharing.com/347560

p.[ss]ryaz[/spoiler:15s4tfur]

The use of it is like a confirmation indi:

Blue line is above = trend is up (may enter long)

Red line is above = trend is down (may enter short)

Grey line appears = no trend (may enter using CT strategy)

Blue/Red lines converge = trend is about to change

 

Standalone use suggestion:

Like any trend indi works better on higher TFs lets say M15 and above

You may enter trades if no grey line appears

Enter long > if previous 2nd order swing high is breached

Enter short > if previous 2nd order swing low is breached

Stop Loss > on opposite 2nd order swing point

Take profit > 200% swing high-swing lo difference

Partial exit> on 50% swing high-swing lo difference

Exit > when trend is about to change OR you name it

regards

Ad augusta per angusta
Posted

Re: Squelch Those Whipsaws

 

  ryaz said:
Yet another version of the squelch filter parametrised and combined with the sinewave indicator

[spoiler:zllj729f]http://www.f0rexsh@ring.com/347560

p.[ss]ryaz[/spoiler:zllj729f]

The use of it is like a confirmation indi:

Blue line is above = trend is up (may enter long)

Red line is above = trend is down (may enter short)

Grey line appears = no trend (may enter using CT strategy)

Blue/Red lines converge = trend is about to change

 

Standalone use suggestion:

Like any trend indi works better on higher TFs lets say M15 and above

You may enter trades if no grey line appears

Enter long > if previous 2nd order swing high is breached

Enter short > if previous 2nd order swing low is breached

Stop Loss > on opposite 2nd order swing point

Take profit > 200% swing high-swing lo difference

Partial exit> on 50% swing high-swing lo difference

Exit > when trend is about to change OR you name it

regards

 

What's CT strategy?

Posted

Re: Squelch Those Whipsaws

 

  vladv said:
What's CT strategy?

Counter Trend, like enter long when price crosses upwards the lower BBand and vice versa.

regards

Ad augusta per angusta

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