Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Recommended Posts

Good day today 9/13/11. Sell at 14:30 PM EST 1170.25 ES, 11065 YM, 689.20 TF. All at same minute mark of 14:30. Then see picture of TF BUY at 15:20 PM EST to exit/reverse the positions. All to the tick like clockwork. This HGCE remains tick accurate each and every swing in most markets every day.

TFC359131.PNG.4f53781284d4b14e6184153450ba7e49.PNG

Edited by DAVT

Share this post


Link to post
Share on other sites
Good day today 9/13/11. Sell at 14:30 PM EST 1170.25 ES, 11065 YM, 689.20 TF. All at same minute mark of 14:30. Then see picture of TF BUY at 15:20 PM EST to exit/reverse the positions. All to the tick like clockwork. This HGCE remains tick accurate each and every swing in most markets every day.

 

Well that pretty much explains it all. I get it now!! I wondered how all the pieces would fit together but I can see clearly now the rain is gone. All of the obstacles have disappeared, it's gonna be a bright bright sun shiny day, now that I've seen that. It's a lot to take in all at once but I'm up for the challenge.

 

There is no need for any more info as that picture coupled with those few sentences tell the whole story. On behalf of all of us here at TL, thank you! This will lead each of us to the next level in our trading education.

Share this post


Link to post
Share on other sites
This is not any lead to any commercial site and is definitely not any form of spam. I respect all the policies of the forum and abide by them. Holy Grail, current edition, revealed here. A respectable 2828.33% annual rate of return NET as verified by TF profit report attached. Now you can stop spending thousands to learn methods that only place you into the 93% of traders that do not make money in the day trading market, or if you are in the 7% making money, you can start making real, time worth spending, money. Please see 5 charts attached that show the last trade of 8/17/11 and the TS profit report for the TF trading chart shown and used. See DIA30C8171. It shows the real time blue arrow that came on 3 minutes BEFORE the next trading chart real time arrow on the TFC358171 chart. That shows the 1:43 PM EST bottom buy in the TF. TFMAT8171 shows the matrix buy of that signal and TFC58171 shows the market close exit of that trade 8/17/11 for $750 / contract in the TF on this last trade for 8/17/11. TFPR8171 is the TS profit report NET of the trading chart with a NET 2828.33% AROR before filtering it with the major market chart shown. This is only an example. (A $28,283.3 return for each $1,000 NET as verified by attached TS profit report) It works in most markets. All support/resistance lines are tick accurate and are on the charts before any trade signal is given, see charts. Looking for new friends.

Accountant says that 93% of all traders do not make money day trading. This method Never has lost money in any day in any tradable market. Where are all my new friends?

This is my latest day 8/18. See 4 posts of 15 minute TF with current TS profit report. A respectable 1053.90% AROR for the chart shown. (THIS IS BEFORE FILTER) Charts show the tick accuracy and profit even in a down market. This is before filtering as shone earlier. Only looking for friends and there is no commercial site, so if you are looking for that, look elsewhere.

davet

 

alright, can your indicators and others in your repertoire beat my humble indicator as shown below in gold futures this morning....?

 

:haha: the blue triangle denotes long and the red bar denotes short....

 

just want to see if you have anything more accurate....? :missy:

 

am not a vendor and just post up this morning more for fun than anything else.... however, trades were taken on those signals this morning. :2c:

5aa710a3bfb69_perfectindicatortogolongandshortGC20110914wfrom4-06to8-50am003.thumb.png.cdbd5f493ba4d81bc5a36a558b5d952d.png

Share this post


Link to post
Share on other sites
davet

 

alright, can your indicators and others in your repertoire beat my humble indicator as shown below in gold futures this morning....?

 

:haha: the blue triangle denotes long and the red bar denotes short....

 

just want to see if you have anything more accurate....? :missy:

 

am not a vendor and just post up this morning more for fun than anything else.... however, trades were taken on those signals this morning. :2c:

 

sorry, am not very good at posting pix, some parts were missing from the first pix.

 

hope everyone would enjoy.... and some may be inspired to even come up with some other kinds that would even out perform this elusive holy grail....

 

thx everyone and happy trading :deal:

5aa710a3d76e3_perfectindicatortogolongandshortGC20110914wfrom4-06to8-50am005.thumb.png.eb1743d0cd373b75b8dc00f00f356651.png

Share this post


Link to post
Share on other sites
sorry, am not very good at posting pix, some parts were missing from the first pix.

 

hope everyone would enjoy.... and some may be inspired to even come up with some other kinds that would even out perform this elusive holy grail....

 

thx everyone and happy trading :deal:

 

tams, my trading friend from a distance land....

 

if you like, this pix is for you, K?

 

enjoy everyone and hope everyone made a bundle in your specialities today.... :shocked:

5aa710a3dc14f_perfectindicatortogolongandshortGC20110914wfrom4-06to8-50am008.thumb.png.063357f2de973feffdef185151867fde.png

5aa710a3e21f5_perfectindicatortogolongandshortGC20110914wfrom4-06to8-50am009.thumb.png.4a3b969d2d340c21a99a4512d7db7868.png

Edited by nakachalet

Share this post


Link to post
Share on other sites

 

tams, my trading friend from a distance land....

 

if you like, this pix is for you, K?

 

enjoy everyone and hope everyone made a bundle in your specialities today.... :shocked:

 

the pix shown below is on crude from noon to about 2 pm 2011-09-14 wed

 

the blue triangle going long, the red bar going short....

 

hope everyone enjoys the pix

 

:missy:

5aa710a3e754e_perfectindicatortogolongandshortCRUDE20110914wfrom12to2pm010.thumb.png.6d2bbea1121059ee1f6371aa87e9ccd7.png

Edited by nakachalet

Share this post


Link to post
Share on other sites
davet

 

alright, can your indicators and others in your repertoire beat my humble indicator as shown below in gold futures this morning....?

 

:haha: the blue triangle denotes long and the red bar denotes short....

 

just want to see if you have anything more accurate....? :missy:

 

am not a vendor and just post up this morning more for fun than anything else.... however, trades were taken on those signals this morning. :2c:

 

a holy grail for gc on tuesday, 11/09/20

 

when i come across another holy grail, i shall obtain permission to post again.... :o

5aa710a64461c_GC20110920t02-25pm009.thumb.png.f1fc8a85f522360a97652b94eb3649b4.png

Edited by nakachalet
current trade included

Share this post


Link to post
Share on other sites

Today 9-27-11 the method gave a sell signal at 14:20 pm EST. 113.39 top sell line was hit to the tick (15 min) in the DIA and then a sell signal was issued at 113.42. The TF issued a sell signal same time on 691.90.and the YM issued a sell at 11288 same time. Yes, THIS METHOD remains tick accurate in real time on real time data. The Profit report posted was from real time data non optimized and NET.

Share this post


Link to post
Share on other sites
Today 9-27-11 the method gave a sell signal at 14:20 pm EST. 113.39 top sell line was hit to the tick (15 min) in the DIA and then a sell signal was issued at 113.42. The TF issued a sell signal same time on 691.90.and the YM issued a sell at 11288 same time. Yes, THIS METHOD remains tick accurate in real time on real time data. The Profit report posted was from real time data non optimized and NET.

 

That's Absolutely Amazing !!!

 

I thought you were supposed to tell us at 8:00 am this morning before the market opens.

Share this post


Link to post
Share on other sites

All signals are issued by the method REAL-TIME. There is no way the method knows when the market makers are going to turn the market until it happens real time and then the method issues the signals. I filter the signals with the major market signals. This all happens REAL-TIME and all trades must be made likewise. The real time profit report posted shows the NET profit on real time data non optimized if TS was trading the strategy automated. The "TOP SELL" line mentioned above is a visual aide that helps prepare trading timing for a no loss daily trading pattern. It also is placed real-time prior to the signals being issued real time by the strategy. This is independent of the strategy Profit Report posted and aids the real time profit results when traded manually. I have pressed the method to most limits in testing simulation real time and still could not produce a losing day with the method. The signals are just too accurate.

Share this post


Link to post
Share on other sites

You implicitly state in your opening post that you have no commercial intents. That said, I'm still trying to figure out why you started this thread. To share? Haven't seen that. To brag? Ok, seen plenty of great examples in hindsight. But again, why?

Share this post


Link to post
Share on other sites

Today a typical day, see posts. 2 profit reports from TF current today and a top sell signal just above the sell line that was on my chart before the signal was placed real time. Yes, profit reports are NET on real time data non optimized and not back tested. Just wanted to show the 93% of traders that are not making money in the markets, that the markets are readable and playable to the tick.

TFPR101112.PNG.99c03f9dc634e6816e865076d7bb170a.PNG

TFPR10111.thumb.PNG.5b532097f1cb786d9ad076ecc8916f26.PNG

TFC3510111.PNG.8fc3469ddb7b89bd06353ffb99e606b8.PNG

Share this post


Link to post
Share on other sites

Continuing great results from method. See TFMAT11151. It is the trade that went more than 4 and ½ points in the TF 11/15/11. Now I do not have to post the major market chart that had the 121.58 tick clearly marked on it, which it hit to the tick, because I already posted it “THE DAY BEFORE”. (Somewhere on this forum) 1341.38% AROR NET is the current TF trading chart profit report from TS real time data not back tested.

See TFC11161 and TFC111612. These are the 11/16/11 premarket bottom buy and top sell respectively off the real-time TF chart that gives the 1341.38% results today 11/16/11. Now I do not take all the trades it signals. I filter them with the major markets as I showed earlier. See my posts.

Now there may still be some die-hard pompous fools here who lack the intellectual capacity to understand the market. After all it is complicated, but that is OK. This method does all the work in understanding the market. It remains tick accurate on each and every swing of the market and has done so ever since I created it. I have “NEVER” had a losing day with it since it was created.

I have looked for years at hundreds if not thousands of other methods on the NET and have not seen one that even comes close to this method. I have talked to some of the best programmers who say that their personal best for decades of programming are perhaps 20% AROR. Why, because they all seem to program nothing but statistical flukes that regress to the mean with time, This method is completely different, It was designed to follow the market at the tick level and to the tick and it still does today on each and every swing of the market “TO THE TICK”. See my posts. It is simply the “GREATEST” method I have ever seen anywhere/anytime. HG???

TFMAT11151.PNG.5526ed8ffa6d783a26da0ca13c5fdc57.PNG

TFC11161.PNG.acb5446fd041f9a32bf3a2b395b9acfd.PNG

TFC111612.PNG.30cd74b586b304373b51e2ca3349b5bf.PNG

Share this post


Link to post
Share on other sites

Well nice week for the HG Current Edition. Or is it a HG? Lets see. The ES is going at a 776.86% Annual Rate of Return NET. See Net profits from 1 contract (ES15RRntm11241). Among other things it shows on 11/24/11 a NET profit from 1 contract of $8,605.00 that was 31 winning trades of 31 placed trades or more than 172 NET points for the day. In case you think it only works on the ES, look at (TF15PRNTM11231) and (YM15PRNTM11241) which are the NET real time profits for the TF and the YM. TF is running at 884.12% NET Annual Rate of Return and the YM is running at 546.07% Annual rate of Return NET.

Now if the method stopped there, it might not be grate, but I filter with the Major markets for better returns, See (DIPREC111) that is used as a filter. All in all, it gets on average better than 100% NET Annual Rate of Return in most all futures markets, since it was created. It is tick accurate on most every swing of the market (See previous posts) and it remains so in most all market activity, since it constantly self adjusts in real time to stay current.

Now I am not interested in the dribble from "Pompous Fools", who think they know everything about the market, yet can not seem to understand simple market facts. But does anyone have an honest opinion on what a real HG is able to return NET consistently and do you think this might qualify? If you do not think it may qualify, than where is a method that is superior?

Now I started this, because I am trying to find any others who trade this way or want to trade this way. Since 93% of day traders do not make money in the market, I thought I might help some of them out, but there seem to be very few who want any help at all to get consistently better than 100% NET AROR in the futures market of their choice. So is there anyone who would like to help keep me company playing this HG CE??? That is if you think it may be a HG and you are not doing better. Now if you are doing better, that is ok too. I am open to all friendly company and even to anyone who would like to work with me to make the method even better.

ES15PRNTM11241.PNG.6e59b8e723c63f6e3e3861923c816d4e.PNG

TF15PRNTM11231.PNG.4feb711287b0cf674aba2036857f4463.PNG

YM15PRNTM11241.PNG.5c978ceddee9127c9f4dc363ee01ea70.PNG

DIPREC111.thumb.PNG.e3083a0859f51e2ee7adfa44ab174e9d.PNG

Share this post


Link to post
Share on other sites

Doesn't any intelligent trader have an opinion on what might constitute a HG and weather you think this method may qualify? I had no intention of creating a HG. I only wanted a method that adjusted to the market real time and never lost money on a daily basis, (I succeeded) but after looking at a multitude of for sale products on the net, (none of which even come close to this method) I was wondering if I actually did. Thanks for all your interest and genuine support.

Share this post


Link to post
Share on other sites

Dude, I think you've found the HG, cash advance the credit cards and lever up, the good life is only a few months of no-loss trading away.

 

Doesn't any intelligent trader have an opinion on what might constitute a HG and weather you think this method may qualify? I had no intention of creating a HG. I only wanted a method that adjusted to the market real time and never lost money on a daily basis, (I succeeded) but after looking at a multitude of for sale products on the net, (none of which even come close to this method) I was wondering if I actually did. Thanks for all your interest and genuine support.

Share this post


Link to post
Share on other sites

David,

Although your claim is highly improbable (to the tick), I'm willing to give you the benefit of the doubt. The reason is because I actually know a trader that has a scalping method on the TF that is profitable every single day (no joke) without a losing day and I saw everything firsthand including PNL. I've also heard of a method using footprints that can scalp to a few ticks accurate. In addition, I've seen some incredible methods that allows a trader to hold for longer runs with very good probability.

 

Currently, I trade a method that tells me when to hold for bigger runs and when to aim smaller and thus far, I have not met another trader that can match my performance size for size aside from that scalper, which never has a losing day. I cannot claim the same but my stats are that I will lose 1day/week on average. I know how to scalp and see all the set ups but will pass it up 99% of the time. I imagine that if I took them, my performance will be even better, but its not how I trade currently, its how I traded in the past.

 

I'm also looking for a few profitable traders to trade with and interact with during the market as I've put up a previous post. I do not reveal my method but if you can match my performance in real time, I'm willing to exchange methodology. I'm willing to give away my methodology that is consistently profitable if you can match or beat my performance in real time, not previous PNL. I trade the ES and will call out all my trades in advance both entries and exits. If you're willing to do the same, let's have some healthy competition.. My method has no indicators at all but the method is very clear.

 

Anyone game? PM me if you are.

 

TZ

 

 

 

Doesn't any intelligent trader have an opinion on what might constitute a HG and weather you think this method may qualify? I had no intention of creating a HG. I only wanted a method that adjusted to the market real time and never lost money on a daily basis, (I succeeded) but after looking at a multitude of for sale products on the net, (none of which even come close to this method) I was wondering if I actually did. Thanks for all your interest and genuine support.

Share this post


Link to post
Share on other sites

BTW-I know the exact TF scalping method as it was revealed to me in detail and can readily use it if I choose, but its not how I prefer to trade and does not resonate with me as much as my own method though its a proven method in my eyes. I will not share it out of respect for the trader that shared it with me, but its possible that he can choose to do so down the road..

Share this post


Link to post
Share on other sites

I said repeatedly that the method works in most all futures markets most all of the time and I was asked if it worked on days like 11/30/11 when the Dow went up several hundred points. The answer is yes. See posts. SP...... to start the move and DI... to end the move. The SP 30 min chart shows yellow support for the first swing and green support for the next. The red line is resistance. The real time buy signal came on just below yellow support and the real time sell arrow came on just above red resistance. Both circled. Then the market broke red resistance and then the 3 rd trade. The third circle is the buy for the 400 point + Dow rally. In other words the method works in most all futures markets most all of the time just fine and that is why I filter the trading with the major markets. That way I never have a losing day, including 11/30/11. The 3 trades here illustrate 3 of many profitable trades the method makes each day. It also shows start of move and end of move for the day. Both tick accurate. No it did not show the exact bottom tick to start the day, but, it was nearly to the tick on the close for both the ES and YM.120.39 was not broken.

SP30C113012.PNG.af7fa304c7865cb81e5821e32daea072.PNG

DI35C11301.PNG.ed86d0342a2cd5814b9d25d0516cb0d0.PNG

Share this post


Link to post
Share on other sites

DAVT,

I have only seen one trader in my lifetime that did not have a losing day in a 2-3 month period, but far from not having a losing trade and def far from to the tick.

 

In my own trading experience, I find S/R to be a zone rather than an exact line. In addition, price responds to S/R differently in different types market conditions.

 

Since your method is so precise, can you give us a general thesis or premise of your method? It does not have to be detailed but I want to know the basic theory behind it. Do you rely on marketdelta for "tick accuracy" what's your risk parameter and how do you determine profit target? Do you enter 1 tick above below your S/R and etc?

Share this post


Link to post
Share on other sites
I said repeatedly that the method works in most all futures markets most all of the time and I was asked if it worked on days like 11/30/11 when the Dow went up several hundred points. The answer is yes. See posts. SP...... to start the move and DI... to end the move. The SP 30 min chart shows yellow support for the first swing and green support for the next. The red line is resistance. The real time buy signal came on just below yellow support and the real time sell arrow came on just above red resistance. Both circled. Then the market broke red resistance and then the 3 rd trade. The third circle is the buy for the 400 point + Dow rally. In other words the method works in most all futures markets most all of the time just fine and that is why I filter the trading with the major markets. That way I never have a losing day, including 11/30/11. The 3 trades here illustrate 3 of many profitable trades the method makes each day. It also shows start of move and end of move for the day. Both tick accurate. No it did not show the exact bottom tick to start the day, but, it was nearly to the tick on the close for both the ES and YM.120.39 was not broken.

 

I have yet to see an automated/mechanical method based on pattern set ups (including market delta) without a macro thesis, that is effective as more than a scalping technique. The reason holding is so hard for many is because they need to have a reason to hold other than just hoping for the trade to keep rolling to the next level.

Share this post


Link to post
Share on other sites

Today 12/2/11 I am going to show 8 pictures of the first trade of the day in the TF. 737.60 is the first entry with 737.50 being the bottom for the swing. Next entry is 738.00 with 737.80 being the low for the swing. First swing at 9:45 AM EST and second at 9:50 AM EST. Yes, the method is capable of handling any swing time frame that is tradable.

See TFMAT... 1 and 2 and corresponding TF charts TF35C... 1 and 2. See also TF5C... and YM15C... that are both taken at the same time as the buys. They show why I chose this time, along with the major markets, to place these trades. Now if you are wondering where they went to, see SP15C... and TF35C...3. A top tick sell/reversal at exactly 745.10 to the tick. SP15C... shows why I reversed at the 745.10 sell signal at 10:31 AM EST. This goes on all day long. Each and every day with no losing days so far. I do not know if you want to call this scalping or swinging. I call it trading like the market movers to the tick. It is just very, very, very profitable every day.

This is probably a HG by most criteria, but I will let the friendly, knowledgeable reader categorize the method for himself. I will stick to the facts of how it is traded each and every day for profit. No daily losses yet and there is a good chance that there never will as long as the market movers move the future markets this way.

Now if there is anyone who wants to help make a video of this and see a HG in action, please message me. It seems that there are a few who have never seen a HG in action before and may want to see one.

TFMAT1221.PNG.9b9b3a6c26375dbf8ce53f808be47945.PNG

TF35C1221.PNG.098561d0212c213fbdb73a88298ff705.PNG

TFMAT12212.PNG.8dc36d6fb1e56542e2806c746700d263.PNG

TF35C12212.PNG.88389939abdf86e1dafb8f5c21f0a89c.PNG

YM15C1221.PNG.814975bad9fddf4edb697422bf5bc151.PNG

TF5C1221.PNG.411f001b2607dffd99a20c5c57c95a72.PNG

SP15C1221.PNG.c199b83cd9cba8b95ffd9ea294395246.PNG

TF35C12213.PNG.d72d8b62cfe6e2e13be0ffa89f0c80c0.PNG

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Similar Content

    • By Lwayne11
      I had a bad experience in trading. I did lost $17,350 in total and i when i try to cash out one story or the other keep coming up to me at every giving point of time so i give up on them.after several weeks i came across this agency,expert recovery that help me get back about 75 percent of my lost funds. I learnt thee is a class action court proceeding to sue scam binary companies but I believe that takes more time and money paid to lawyers is way expensive. You can talk to a recovery expert.
      Reach Asherellazar at protonmail dot com
    • By George_wilson8
      I invested 60% of my retirement payment on Coin Bull and Paperex with the mindset of getting it multiplied and enjoying a better retirement life. It was sweet and smooth from the start, withdrawals were easy and consistent until it gets to a point I started to be denied withdrawals and that was how I lost all money, I couldn't get my investment amount back not talk of the bonuses. I contacted several lawyers but it was all waste of time and money, they couldn't render an inch of help. God so good to my old self and family, I later met with a certified binary options recovery expert that helped me recover my money within 5days from the brokers(Coin Bull), it was worth it, he was able to retrieve my funds. If you have found yourself in same situation as me you can contact the expert on '' Hacknet1seven1( A T)p r o t o n m a i l ( d o t c o m )" also he can render any other desired hacking services, I can assure he would be able to help you just as he helped me, you can give him a try if you don't mind. Binary options brokers shouldn't get away with this.
  • Topics

  • Posts

    • A custom Better Daily Range indicator for MT5 is now available on the Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/103800 The Better Daily Range indicator shows the previous trading day's price range on the current day's chart. Many traders mark out the previous day's high, low, and the current day's open before trading. This is not an average true range indicator (ATR). This is not an average daily range indicator (ADR). This is a daily range indicator (DR). This indicator shows horizontal maximum and minimum range lines. If your broker-dealer's MT5 platform shows Sunday bars, Sunday bars are not included as previous days. In other words, Monday uses Friday's price data (skips Sunday). This indicator also shows two 25% (of range) breakout lines: one that is 25% higher than the maximum range line, and one that is 25% lower than minimum range line. A middle range line is also shown. Immediately after the daily close of your broker-dealer, all five range lines update to the new daily values.   Many traders only trade during times of high volume/liquidity. The Better Daily Range indicator also shows five adjustable time separator lines: A local market open time line (a vertical line), A local market middle time A line (a vertical line), A local market middle time B (a vertical line), A local market middle time C (a vertical line), A local market close time (a vertical line), and A local market open price (a horizontal line). The location of the local market open price depends on your input local market open time. In other words, you input your desired market open time according to your local machine/device time and the indicator automatically shows all five session lines. When your incoming price bars reach your input local market open time line, the indicator automatically shows the price to appear at your input local market open time. If your broker-dealer's MT5 platform shows Sunday bars, the time separator lines do not show on a Sunday. Immediately after midnight local machine/device time, the five session time lines (vertical lines) are projected forward into the current day (into the future hours) and the local open price line is erased. The local open price line reappears when the price bars on the chart reach your input local open time (your local machine/device time).   The indicator has the following inputs (settings):   Chart symbol of source chart [defaults to: EURUSD] - Allows you to show data from another chart symbol other than the current chart symbol. Handy for showing standard timeframe data on an MT5 Custom Chart. Local trading session start hour [defaults to: 09] - Set your desired start hour for trading according to the time displayed on your local machine/device operating system (all times below are your local machine/device operating system times). The default setting, 09, means 9:00am. Local trading session start minute [defaults to: 30] - Set your desired start minute. The default setting, 30, means 30 minutes. Both the default hour and the default minute together mean 9:30am. Local trading session hour A [defaults to: 11] - Set your desired middle hour A for stopping trading when volume tends to decrease during the first half of lunch time. The default setting, 11, means 11:00am. Local trading session minute A [defaults to: 00] - Set your desired middle minute A. Both the default hour and the default minute together mean 11:00am. Local trading session hour B [defaults to: 12] - Set your desired middle hour B for the second half of lunch time. The default setting, 12, means 12:00pm (noon). Local trading session minute B [defaults to: 30] - Set your desired middle minute B. Both the default hour and the default minute together mean 12:30pm. Local trading session hour C [defaults to: 14] - Set your desired middle hour C for resuming trading when volume tends to increase. The default, 14, means 2:00pm. Local trading session minute C [defaults to: 00] - Set your desired middle minute C. Both the default hour and the default minute together mean 2:00pm. Local trading session end hour [defaults to: 16] - Set your desired end hour for stopping trading. The default setting, 16, means 4:00pm. Local trading session end minute [defaults to: 00] - Set your desired end minute for stopping trading. Both the default hour and the default minute together mean 4:00pm. High plus 25% line color [defaults to: Red]. High plus 25% line style [defaults to: Soid]. High plus 25% line width [defaults to 4]. High line color [defaults to: IndianRed]. High line style [defaults to: Solid]. High line width [defaults to: 4]. Middle line color [defaults to: Magenta]. Middle line style [defaults to: Dashed]. Middle line width [defaults to: 1]. Low line color [defaults to: MediumSeaGreen]. Low line style [defaults to: Solid]. Low lien width [defaults to: 4]. Low minus 25% line color [defaults to: Lime]. Low minus 25% line style [defaults to: Solid]. Low minus 25% line width [defaults to: 4]. Local market open line color [defaults to: DodgerBlue]. Local market open line style [defaults to: Dashed]. Local market open line width [defaults to: 1]. Local market middle lines color [defaults to: DarkOrchid]. Local market middles lines style [defaults to: Dashed]. Local market middles lines width [defaults to: 1]. Local market close line color [default: Red]. Local market close line style [Dashed]. Local market close line width [1]. Local market open price color [White]. Local market open price style [Dot dashed with double dots]. Local market open price width [1].
    • A custom Logarithmic Moving Average indicator for MT5 is now available for MT5 on the Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/99439 The Logarithmic Moving Average indicator is a moving average that inverts the formula of an exponential moving average. Many traders are known to use logarithmic charts to analyze the lengths of price swings. The indicator in this post can be used to analyze the logarithmic value of price on a standard time scaled chart. The trader can set the following input parameters: MAPeriod [defaults to: 9] - Set to a higher number for more smoothing of price, or a lower number for faster reversal of the logarithmic moving average line study. MAShift [defaults to: 3] - Set to a higher number to reduce the amount of price crossovers, or a lower for more frequent price crossovers. Indicator line (indicator buffer) can be called with iCustom in Expert Advisors created by Expert Advisor builder software or custom coded Expert Advisors: No empty values; and No repainting.
    • A custom Semi-Log Scale Oscillator indicator is now available for MT5 on Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/114705 This indicator is an anchored semi-logarithmic scale oscillator. A logarithmic scale is widely used by professional data scientists to more accurately map information collected throughout a timeframe, in the same way that MT5 maps out price data. In fact, the underlying logic of this indicator was freely obtained from an overseas biotech scientist. A log-log chart displays logarithmic values on both the x (horizontal) and y (vertical) axes, which generally produces a straight line that points up, down, or remains flat. A straight line is not very useful for trading markets because such a straight line is so smoothed that actual price values that appear over time are very far away from the line study. In contrast, a semi-log chart is only logged on one axis--generally, the y axis. Such a semi-log chart is well suited for trading markets because the time (x) axis is preserved in its original form while at the same time, providing a graduated y scale where the distance between price increments progressively increases as price rises higher (and decreases as price falls lower). This allows us to establish a zero level for a low price, clearly view trends on straighter angles, and clearly observe amplified price spikes at high prices. Accordingly, this indicator employs a semi-log scale on the y axis only. This indicator is anchored because it allows you to specify a start time for calculation of price bars. The settings are as follows: Year.Month.Day Hour:Minute - defaults to 1970.01.01 00:01 - if left on default setting, the indicator automatically detects the earliest price bar in chart history--even where the year 1970 is not in history. Notes appear in the indicator settings window. Size of first pip step to log - defaults to 135 - this default is suitable for higher timeframes such a MN1 (monthly), while 5 is suitable for lower timeframes such as M1 (minute). Ultimately, optimal settings will depend on the timeframe that you attach the indicator to, the level of price volatility within that timeframe, and start time that you choose. Remember... The semi-log formula calculates from low to high, so your start time must always be a major swing low. Again, notes appear in the indicator settings window. The standard (built-in) MT5 indicators that can be applied to the "Previous indicator's data" can be applied to this indicator. Indicator lines (indicator buffers) can be called with iCustom in Expert Advisors created by Expert Advisor builder software or custom coded Expert Advisors. The log scale Open, High, Low, and Close prices are buffers: No empty values; and No repainting.
    • A custom Gann Candles indicator is now available for MT5 on the Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/126398 This Gann Candles indicator incorporates a series of W.D. Gann's strategies into a single trading indicator. Gann was a legendary trader who lived from 1878 to 1955. He started out as a cotton farmer and started trading at age 24 in 1902. His strategies included geometry, astronomy, astrology, times cycles, and ancient math. Although Gann wrote several books, none of them contain all of his strategies so it takes years of studying to learn them. He was also a devout scholar of the Bible and the ancient Greek and Egyptian cultures, and he was a 33rd degree Freemason of the Scottish Rite. In an effort to simplify what I believe are the best of Gann's strategies, I reduced them into one indicator that simply colors your preexisting price bars when those strategies are in-sync versus out-of-sync. This greatly reduces potential chart clutter. Also, I reduced the number of input settings down to only two: FastFilter, and SlowFilter Both FastFilter and SlowFilter must be set to 5 or more, as noted in the Inputs tab upon attaching the indicator to your chart. Gann Candles works on regular time-based charts (M5, M15, M20, etc.) and custom charts (Renko, range bars, etc.). The indicator does not repaint. When using the default settings, blue candles form bullish price patterns, gray candles form flat (sideways) price patterns, and white candles form bearish price patterns. The simplest way to trade Gann Candles is to buy at the close of a blue candle and exit at the close of a gray candle, and then sell at the close of a white candle and exit at the close of a gray candle.
    • A custom Anchored VWAP with Standard Deviation Bands indicator for MT5 is now available on the Metaquotes website and directly through the MT5 platform. https://www.mql5.com/en/market/product/99389 The volume weighted average price indicator is a line study indicator that shows in the main chart window of MT5. The indicator monitors the typical price and then trading volume used to automatically push the indicator line toward heavily traded prices. These prices are where the most contracts (or lots) have been traded. Then those weighted prices are averaged over a look back period, and the indicator shows the line study at those pushed prices. The indicator in this post allows the trader to set the daily start time of that look back period. This indicator automatically shows 5 daily look back periods: the currently forming period, and the 4 previous days based on that same start time. For this reason, this indicator is intended for intraday trading only. The indicator automatically shows vertical daily start time separator lines for those days as well. Both typical prices and volumes are accumulated throughout the day, and processed throughout the day. Important update: v102 of this indicator allows you to anchor the start of the VWAP and bands to the most recent major high or low, even when that high or low appears in your chart several days ago. This is how institutional traders and liquidity providers often trade markets with the VWAP. This indicator also shows 6 standard deviation bands, similarly to the way that a Bollinger Bands indicator shows such bands. The trader is able to set 3 individual standard deviation multiplier values above the volume weighted average price line study, and 3 individual standard deviation multiplier values below the volume weighted average price line study. Higher multiplier values will generate rapidly expanding standard deviation bands because again, the indicator is cumulative. The following indicator parameters can be changed by the trader in the indicator Inputs tab: Volume Type [defaults to: Real volume] - Set to Tick volume for over-the-counter markets such as most forex markets. Real volume is an additional setting for centralized markets such as the United States Chicago Mercantile Exchange. VWAP Start Hour [defaults to: 07] - Set according to broker's or broker-dealer's MT5 server time in 24 hour format. For example, in the New York, United States time zone, 07 is approximately the London, United Kingdom business open hour. VWAP Start Minute [defaults to: 00] - Set according to broker's or broker-dealer's MT5 server time in 24 hour format. For example, 00 is on the hour with no delay of minutes within that hour. StdDev Multiplier 1 [defaults to: 1.618] - Set desired standard deviation distance between the volume weighted average price line study and its nearest upper and lower bands. For example, 1.618 is a basic Fibonacci ratio. Some traders prefer 1.000 or 1.250 here. StdDev Multiplier 2 [defaults to: 3.236] - Set desired standard deviation distance between the volume weighted average price line study and its middle upper and lower bands. For example, 3.236 is 1.618 (above) + 1.618. Some traders prefer 2.000 or 1.500 here. StdDev Multiplier 3 [defaults to: 4.854] - Set desired standard deviation distance between the volume weighted average price line study and its furthest upper and lower bands. For example, 4.854 is 1.618 (above) + 3.236 (above). Some traders prefer 3.000 or 2.000 here. VWAP Color [defaults to: Aqua] - Set desired VWAP line study color. This color automatically sets the color of the start time separators as well. SD1 Color [defaults to: White] - Set desired color of nearest upper and lower standard deviation lines. SD2 Color [defaults to: White] - Set desired color of middle upper and lower standard deviation lines. SD3 Color [defaults to: White] - Set desired color of furthest upper and lower standard deviation lines. Just to clarify, popular standard deviation bands settings are: 1.618, 3.236, and 4.854; or 1.000, 2.000, and 3.000; or 1.250, 1.500, and 2.000. Examples of usage *: In a ranging (sideways) market, enter a trade at the extremes of the standard deviation bands (SD3) and exit when price returns to the VWAP line study. Trade between SD1Pos and SD1 Neg, alternately buying and selling from one standard deviation line to the other. In a trending (rising or falling) market, enter a buy when a price bar opens above the VWAP line study, and exit at the nearest standard deviation band above (SD1Pos). Optionally, repeat the same trade but substitute SD1Pos for the VWAP, and SD2Pos for SD1. Reverse for sell; or Trade all lines (VWAP, SD1Pos, SD2Pos, and SD3Pos) in the same way. Again, reverse for sell. Indicator lines (indicator buffers) can be called with iCustom in Expert Advisors created by Expert Advisor builder software or custom coded Expert Advisors: No empty values; and No repainting.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.