⭐ izogrey Posted May 15, 2011 Report Share Posted May 15, 2011 Another information to analyse Hi people, I just want to highlight another precious information which can be detected by using this method: S/R levels. They can be obtained by using the peaks/valleys from the short RSI. I attached a picture about how to do it ( it's very simple ). I choosed a range for this example because it's more difficult to trade in range than in trend, so you need more information when it's a range in play. http://www.4shared.com/photo/GaOgcO23/SR_levels_by_RSI.html http://i54.tinypic.com/2vtsetu.jpg If you have S/R levels information from H4 ( and maybe D1 ) on your chart, you can trade price action not only by following the arrows, but by dropping down to a lower timeframe ( M1 if you like ), and trade pure price action there, in the area of S/R levels. In this way, by using a lower timeframe you will have a lower stoploss, and by combining the knowledge of pure price action with a lower stoploss in the areas of S/R you will have a lower risk. Of course, if you don't have the knowledge of pure price action, you should just follow the arrows, as waterskiguy said once upon a time. And of course, if you drop down on a lower timeframe, you will be more glued to your screen. rmitsos 1 Quote Link to comment Share on other sites More sharing options...
waterskiguy Posted May 15, 2011 Author Report Share Posted May 15, 2011 Hello Waterskiguy, Thank you for your reply. I have been looking for MT4 Broker with 5PM EST New York Daily Close for a long time. I would appreciate it, if you could please let me know the Broker name(s). Thank you in advnce, Sam Sure can - there are lots of them but thinkforex.com works for lots of people. If anyone else has a tried and tested broker that they CURRENTLY USE LIVE feel free to chime in .... smurf43 1 Quote Link to comment Share on other sites More sharing options...
demofx Posted May 15, 2011 Report Share Posted May 15, 2011 Hello - the read me file doesn't say much. indicator files (9) and templates (2) if you have problems with the actual levels printed via lines on screen matching the the text use a broker where daily candle closes 5 pm est new york Hi Sir I paste "variables.mqh" and "objectfunctions.mqh" to expert/include folder, than I check for "gann_hilo_arrow_alert_colin" on MetaEditor no any found error but have 39 warnings for function. (because at first I paste all indi to expert/indicators. Colin indi's not work) So, after yr test this for "yellowmagenta comment" template. It's not any error and problem, right? Thanks for yr explain, sir also "THANKS" for share good system... (^@^)V Quote Link to comment Share on other sites More sharing options...
metal1713006284 Posted May 15, 2011 Report Share Posted May 15, 2011 Well, The arrows show only up or only down, Is it suppose to be like this, then it impossible to trade.Please help. Quote Link to comment Share on other sites More sharing options...
peterad Posted May 15, 2011 Report Share Posted May 15, 2011 Hi The arrows aren't even loading for me. I I have the yellowmagenta template up, and the gann hilow arrow alert didn't load. . So I pulled up navigator in MT4, dragged this indi. onto the chart, and still no arrows. It just doesn't want to load itself on the chart. Anyone else with this problem. Peter Quote Link to comment Share on other sites More sharing options...
rathhh Posted May 16, 2011 Report Share Posted May 16, 2011 Thx waterskiguy, everything works now perfectly. Going to test this system, will report how its going Quote Link to comment Share on other sites More sharing options...
rathhh Posted May 16, 2011 Report Share Posted May 16, 2011 Hi The arrows aren't even loading for me. I I have the yellowmagenta template up, and the gann hilow arrow alert didn't load. . So I pulled up navigator in MT4, dragged this indi. onto the chart, and still no arrows. It just doesn't want to load itself on the chart. Anyone else with this problem. Peter did you copied variables and objectfunctions to mt4/experts/include folder? Quote Link to comment Share on other sites More sharing options...
kaze Posted May 16, 2011 Report Share Posted May 16, 2011 Hi, can anyone post here his results with this ( maybe ) great system? :) Thank you in advance Quote Link to comment Share on other sites More sharing options...
peterad Posted May 17, 2011 Report Share Posted May 17, 2011 Thanks Rathhh Works now Peter Quote Link to comment Share on other sites More sharing options...
metal1713006284 Posted May 17, 2011 Report Share Posted May 17, 2011 Great it works for everyone except me, maybe someone can upload an image how it suppose to look with arrows in both directions .put all the files in correct place and still no go thanks for any help Quote Link to comment Share on other sites More sharing options...
crips Posted May 17, 2011 Report Share Posted May 17, 2011 Hey guys I downloaded the last version 3.0 from waterskis webpages and it have been working for me from day one no problem for me. To metal: here on that picture you can see both signals on the screen: http://imageshack.us/photo/my-images/198/bothsignals.jpg/ To Kaze: you have to try it out yourself. What works for one does not necessarily work for others. Regards Crips metal1713006284 1 Quote Link to comment Share on other sites More sharing options...
bogdan11 Posted May 17, 2011 Report Share Posted May 17, 2011 Thank you very much for this awsome system Quote Link to comment Share on other sites More sharing options...
scwon Posted May 17, 2011 Report Share Posted May 17, 2011 Great it works for everyone except me, maybe someone can upload an image how it suppose to look with arrows in both directions .put all the files in correct place and still no go thanks for any help I am like you. I have only arrows going down. No arrows for up trades. Don't know what is wrong. Quote Link to comment Share on other sites More sharing options...
metal1713006284 Posted May 18, 2011 Report Share Posted May 18, 2011 Crips thanks, I will work on it again, BTW such a beautiful colours Quote Link to comment Share on other sites More sharing options...
crips Posted May 18, 2011 Report Share Posted May 18, 2011 On what TF do you look the signals? Is it on 4h or faster TF-s? if it is slower then you should check what are the settings on the indicator calledgann_hilo_arrow_alert_colin. There you will find setting for mtf two Gann_hilo indicators. It may be that one is set to check for example 1 week tf and second one is set to check 1 day tf. If changing that does not help you may want to think to reinstall the MT4 all over again to get fresh start. Regards Crips metal1713006284 1 Quote Link to comment Share on other sites More sharing options...
metal1713006284 Posted May 18, 2011 Report Share Posted May 18, 2011 Crips thanks, both my settings are 1440, should I change one of them> Also, I see on your chart that not every turn of green line there is an arrow, is it suppose to be like this, Why arrows don't show up..Should we get out when price go through green line or stay and wait for another arrow to appear, but then where is a profit thanks again confused Quote Link to comment Share on other sites More sharing options...
crips Posted May 18, 2011 Report Share Posted May 18, 2011 (edited) Crips thanks, both my settings are 1440, should I change one of them> Also, I see on your chart that not every turn of green line there is an arrow, is it suppose to be like this, Why arrows don't show up..Should we get out when price go through green line or stay and wait for another arrow to appear, but then where is a profit thanks again confused Well as you probably know 1440 represent 1day TF, 60 represent 1h TF etc. If both are set to that value it means that no matter what TF you are from 1day and below the indicator will signal only to the direction that 1day gann is pointing. All conditions have to be in place then the arrow shows up (all gann_hilo on all TF-s you have chosen have to agree and also both RSI-s have to agree). Although you cannot trade all the arrows blindly because they can sometimes appear in non-trading situations. You have to pay attention to price action all the time. Also be aware how you will look on MTF indicators make sure that they are fixed in to place so it is not in a middle of changing. TP and SL is personal matter and everyone should place them in the matter they feel most confident. But what I can suggest is to use the TP value indicated by the same indicator that gives you the arrows. When the signal appears you will see the blue line which should be the entry line then green line witch should be the TP line and then red line which should be the SL line. I personally use the TP line only and place my stops a bit higher and if needed I can exit my trades also manually if I see that the price have penetrated the higher TF Gann and the GAnn is fixed in a place. NB!! Most important do not get GREEDE. There will be always another trade, the market have been here several years before us starting to trade and for sure it will be here another years to come. Regards Crips Edited May 18, 2011 by crips metal1713006284 1 Quote Link to comment Share on other sites More sharing options...
stijjn Posted May 18, 2011 Report Share Posted May 18, 2011 Maybe I'm wrong but I think 1440 means daily tf crips 1 Quote Link to comment Share on other sites More sharing options...
crips Posted May 18, 2011 Report Share Posted May 18, 2011 Maybe I'm wrong but I think 1440 means daily tf thank you for pointing out that. what a silly mistake to write it like I did. Quote Link to comment Share on other sites More sharing options...
PIPHORE Posted May 18, 2011 Report Share Posted May 18, 2011 (edited) I just downloaded the ver 3.0 of this system (on the 1st page), there are .mqh files I don't know where to put them -- any help is appreciated. Edited May 18, 2011 by PIPHORE Quote Link to comment Share on other sites More sharing options...
crips Posted May 18, 2011 Report Share Posted May 18, 2011 I just checked and I do not see them in that *.rar folder I downloaded from it from here: https://rapidshare.com/#!download|440l34|460642315|version_3.0_alphatrader.zip|43|R~0 and I do not know what to do with them :( Regards Crips Quote Link to comment Share on other sites More sharing options...
anu60 Posted May 19, 2011 Report Share Posted May 19, 2011 has anyone checked the claim of waterskiguy and found it useful or not? Quote Link to comment Share on other sites More sharing options...
anu60 Posted May 19, 2011 Report Share Posted May 19, 2011 Has anyone tried the method of waterskiguy Quote Link to comment Share on other sites More sharing options...
retireme Posted May 19, 2011 Report Share Posted May 19, 2011 anu60, your question is similar to, "how long is a piece of string?" rgds RM Quote Link to comment Share on other sites More sharing options...
Condor_Hawks Posted May 19, 2011 Report Share Posted May 19, 2011 anu60, your question is similar to, "how long is a piece of string?" rgds RM ============================== Very funny, retireme. This is a good trend-following system, and can make some decent pips, if you follow the rules strictly. Thanks everybody for sharing. Quote Link to comment Share on other sites More sharing options...
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