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caza, did not come here to talk about your system ...

I came here to talk to you

you are a person who deserves all the success in forex. An enlightened person, who always tries to help people here in this wonderful forum seeking information and tips from people like you.

keep it up my friend, my neighbor country, which as you always try to help people whenever I have something to teach.

Always tell you

A hug dear friend ....

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There has been some question, at least by me, regarding the optimal settings for various of the indicators. Set the MarketBias period too long and you miss out on short term retracements or too short and you fail to see the long-term trend.

 

Here is a solution I have found useful. I have modifed the MarketBias indicator to plot lines rather than histograms and then plot five MarketBias lines with periods of 21, 34, 55, 89 and 144. Why these periods? Well everything else seems to follow Fibonacci so seemed a good selection.

 

I have had to put this into three separate indicators because, probably, of my coding inadequacy. Just load all three onto the same chart. Only trade when all lines are showing the same colour.

 

http://www.4shared.com/file/VzlfpcHF/MKBiasSF2.html

http://www.4shared.com/file/t2cwfqf9/MKBiasSF3.html

http://www.4shared.com/file/JeqIBxOY/MKBiasSF1.html

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There has been some question, at least by me, regarding the optimal settings for various of the indicators. Set the MarketBias period too long and you miss out on short term retracements or too short and you fail to see the long-term trend.

 

Here is a solution I have found useful. I have modifed the MarketBias indicator to plot lines rather than histograms and then plot five MarketBias lines with periods of 21, 34, 55, 89 and 144. Why these periods? Well everything else seems to follow Fibonacci so seemed a good selection.

 

I have had to put this into three separate indicators because, probably, of my coding inadequacy. Just load all three onto the same chart. Only trade when all lines are showing the same colour.

 

http://www.4shared.com/file/VzlfpcHF/MKBiasSF2.html

http://www.4shared.com/file/t2cwfqf9/MKBiasSF3.html

http://www.4shared.com/file/JeqIBxOY/MKBiasSF1.html

 

:-?

 

http://img696.imageshack.us/img696/4788/usdcadi.gif

 

http://img143.imageshack.us/img143/3599/usdcadk.gif

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Great work Acerinvest. I really like what you've done with the multiple settings on the Market Bias. I personally like to see them on my chart so I have taken your indicators and changed them to show on my price chart.

http://img52.imageshack.us/img52/5176/marketbiasonchart.gif

 

 

 

A new signal indicator will be released with these Market Bias settings as soon as I get the chance to code it.

 

 

http://www.mediafire.com/file/yzj1zhmndyc/MKBiasSF1 OC.mq4

http://www.mediafire.com/file/yiwdgumnzvh/MKBiasSF2 OC.mq4

http://www.mediafire.com/file/ntmmzwm1jfm/MKBiasSF3 OC.mq4

Edited by Mr4x
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Great work Acerinvest. I really like what you've done with the multiple settings on the Market Bias. I personally like to see them on my chart so I have taken your indicators and changed them to show on my price chart.

http://img52.imageshack.us/img52/5176/marketbiasonchart.gif

 

 

 

A new signal indicator will be released with these Market Bias settings as soon as I get the chance to code it.

 

 

http://www.mediafire.com/file/yzj1zhmndyc/MKBiasSF1 OC.mq4

http://www.mediafire.com/file/yiwdgumnzvh/MKBiasSF2 OC.mq4

http://www.mediafire.com/file/ntmmzwm1jfm/MKBiasSF3 OC.mq4

 

very goooooood!

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This is possibly not a question to ask here though it does have relevance to the tools we are using. The MarketBias indicator works on an LWMA set to the period considered. The indicators I prepared simply operate on the logic of the previous MarketBias indicators we have been using but I have been trying to understand better what is going on in order to put together something much better. The multi-period version I prepared earlier was a start but I can do better. What I can't understand, though, is why the indicator first fills an array with the LWMA data and then uses the iMAonArray function to calculate backwards through the data. I did run a test with and without this step and it seemed to make a tiny difference but hardly noticeable. Can anyone elighten me why this step in the calculation is there?
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