HGI for beginners.

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AnGri
Trader
Posts: 25
Joined: Fri Dec 06, 2013 4:13 pm

How to interpret readings from multiple timeframes?

Post by AnGri »

Hi all,

first of all many thanks to the creators and contributors of HGI. :clap:

I only discovered it after i started wondering why the 10.7 and 10.9 threads became quite quiet :?

I've read the manual and now test the indi on several currency pairs.

I look for advice how to interpret readings from multiple timeframes (mtf), especially if they are not agreeing.

For instance i have 3 charts open with different timeframes (D1, H4, H1).

I got a Big Red Arrow down on H4, indicating a Trend Sell.
But on H1 i got a yellow wavy above the same candle, indicating we enter a range.

So the higher timeframe says "trend" down, and the lower timeframe says range.

How do i combine this reading into a trading decision?
Does the higher timeframe weigh more / supersede the lower timeframe reading?

In addition on D1 i have a small red RAD at the bottom of the previous day's candle (today's price is higher than yesterday's low at the time of checking the charts).

Which - if i understand it right - says, downtrend might continue should price break out below.

So if i add the daily info to the mix, perhaps a combined reading would then indicate we are rangebound intraday, from the wavy on top of the H1 to the day's low?

Is there a consistent way to read HGI signals from mtf and "translate" them into trading decisions?
May the Pips be with You :!:

Angelo
ivanawili
Posts: 6
Joined: Fri Jul 05, 2013 10:31 pm

HGI Producing Late Arrows

Post by ivanawili »

Hello people. I’ve been reading these forums and I can see great potential combining HGI and hurst with my usual trading style. So I decided to test run HGI system and HGB ea and I need some help with a few things:

1. When I was testing HGI, I noticed that all the big arrows appear late when the move is halfway or almost over. Yesterday I saw an arrow that appeared on the Friday 4hr chart a whole two days late. This issue does not go away when I reload the chart, force download bars or close and reopen meta trader.

2. When I was testing HGB ea, while I was loading it on the charts, it opened and closed many trades instantly and my demo account lost 1.7 % in 30 seconds, just from paying spread! Maybe someone can help me with suitable settings that they use.

3. I’ve been hearing about HGI 16.0 and maybe this will solve my problem of late arrows, but I can’t seem to find the download anywhere. Was it taken down?
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milanese
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Location: btr rdx, r8 +

HGI Producing Late Arrows

Post by milanese »

ivanawili » Wed Jan 14, 2015 6:12 pm wrote:Hello people. I’ve been reading these forums and I can see great potential combining HGI and hurst with my usual trading style. So I decided to test run HGI system and HGB ea and I need some help with a few things:

...
3. I’ve been hearing about HGI 16.0 and maybe this will solve my problem of late arrows, but I can’t seem to find the download anywhere. Was it taken down?
you find it there ----> http://www.stevehopwoodforex.com/phpBB3 ... 88#p109488
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ivanawili
Posts: 6
Joined: Fri Jul 05, 2013 10:31 pm

Milanesse

Post by ivanawili »

Thanks milanesse. That was real quick. Do you know anything about the first question. I am using 15.06 and hurst together on Fxpro.
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milanese
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HGI

Post by milanese »

ivanawili » Wed Jan 14, 2015 6:26 pm wrote:Thanks milanesse. That was real quick. Do you know anything about the first question. I am using 15.06 and hurst together on Fxpro.
a trend arrow can only be drawed if a trend is recognized..this will mostly not be possible at a candle start
HGB questions please ask there ---> http://www.stevehopwoodforex.com/phpBB3 ... =87&t=3979
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ivanawili
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OK

Post by ivanawili »

Heading there now.
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basch312
Trader
Posts: 72
Joined: Mon Aug 19, 2013 10:53 pm
Location: Barcelona

HGI for beginners.

Post by basch312 »

Hi all,

I've been backtesting the HGI and I need to ask something... I don't know if it is a stupid question but I will take the risk.

Is there any chance to print the past signals as they were in real time? I mean, avoid the repainting. Is imposible to read the TMA value at a certain past candle, the value it had when that past candle was the current candle?

If that can't be done, what should I do to keep the past signals (like "keepHistory" input in the indi) if I'm using the HGI externally (via an EA or another Indicator)??

I hope you can understand me haha

Regards and thanks for your time!
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milanese
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HGI for beginners.

Post by milanese »

basch312 » Wed Jan 14, 2015 8:04 pm wrote:Hi all,

I've been backtesting the HGI and I need to ask something... I don't know if it is a stupid question but I will take the risk.

Is there any chance to print the past signals as they were in real time? I mean, avoid the repainting. Is imposible to read the TMA value at a certain past candle, the value it had when that past candle was the current candle?

If that can't be done, what should I do to keep the past signals (like "keepHistory" input in the indi) if I'm using the HGI externally (via an EA or another Indicator)??

I hope you can understand me haha

Regards and thanks for your time!
just forget to backtest HGI it wont work, as tma will always repaint, so all "results" will be useless just test it forward..
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basch312
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Posts: 72
Joined: Mon Aug 19, 2013 10:53 pm
Location: Barcelona

HGI for beginners.

Post by basch312 »

milanese » Wed Jan 14, 2015 9:35 pm wrote:
basch312 » Wed Jan 14, 2015 8:04 pm wrote:Hi all,

I've been backtesting the HGI and I need to ask something... I don't know if it is a stupid question but I will take the risk.

Is there any chance to print the past signals as they were in real time? I mean, avoid the repainting. Is imposible to read the TMA value at a certain past candle, the value it had when that past candle was the current candle?

If that can't be done, what should I do to keep the past signals (like "keepHistory" input in the indi) if I'm using the HGI externally (via an EA or another Indicator)??

I hope you can understand me haha

Regards and thanks for your time!
just forget to backtest HGI it wont work, as tma will always repaint, so all "results" will be useless just test it forward..

Thanks for your reply!

I forgot to say something... I've been backtesting via the Strategy Tester. I know it's not 100% accurate but it prints the signals as they were in real time.... no?

Then, I should assume that is impossible to read the "real not-repainted" value of the TMA?
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milanese
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HGI for beginners.

Post by milanese »

basch312 » Wed Jan 14, 2015 8:53 pm wrote:
Thanks for your reply!

I forgot to say something... I've been backtesting via the Strategy Tester. I know it's not 100% accurate but it prints the signals as they were in real time.... no?

Then, I should assume that is impossible to read the "real not-repainted" value of the TMA?
no the strategytester is worthless...
Global Prime is the official SHF broker :yahoo:
Searching for Servers and Workstations with individual configuration?
Just PM
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