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tomele
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Post by tomele »

Nobody needs to be a coder to use Universal Drones. Go read the instructions and create a setfile for your indicator. It's easy. Once you come up with something you created, you will feel great.

Cheers
Thomas
Happy pippin, Thomas :-BD

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It's what you know for sure that just ain't so.
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pacinvest
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Post by pacinvest »

This is a question for Wally Wonka.......WW or any Mega indy veterans. I have been test driving the Mega indicator (you kindly posted) with my trading system. It is up against a suite of my favorite RSI and Sto indicators and higher timeframe combos to show the best entry point following a breach of the TMA+CG mladen bands. I am pretty impressed with what Mega seems to be able to do and it seems to suit what I am trying to do really well. Here comes the question, have you used this (mega indy) in real trading to any extent and can you tell us a bit about that please? Do you understand the mathematics behind how it works? At first I thought it was RSI based but it has some other trend determination thing going on. Would much appreciate any background on this promising indy. Quite uncanny how it holds off and sits tight through any consolidation before signaling while with good reversals it signals quite quickly. It has passed all of my re-painting tests as well.

Thomas thanks for the helpful reply to my earlier question, doing the custom parameters is simple once you get it.

Cheers vince
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Post by wojtek_amm »

pacinvest » Thu May 23, 2019 11:20 am wrote:This is a question for Wally Wonka.......WW or any Mega indy veterans. I have been test driving the Mega indicator (you kindly posted) with my trading system. It is up against a suite of my favorite RSI and Sto indicators and higher timeframe combos to show the best entry point following a breach of the TMA+CG mladen bands. I am pretty impressed with what Mega seems to be able to do and it seems to suit what I am trying to do really well. Here comes the question, have you used this (mega indy) in real trading to any extent and can you tell us a bit about that please? Do you understand the mathematics behind how it works? At first I thought it was RSI based but it has some other trend determination thing going on. Would much appreciate any background on this promising indy. Quite uncanny how it holds off and sits tight through any consolidation before signaling while with good reversals it signals quite quickly. It has passed all of my re-painting tests as well.

Thomas thanks for the helpful reply to my earlier question, doing the custom parameters is simple once you get it.

Cheers vince
Hi,

The question is not for me but I will tell you what I know.

You can find hacked mega_fx.mq4 on the network. You can learn from the code how it works or even recreate the mq4 code of the indicator.

Perhaps the addressee of the question will write more?

Regards
Wojtek
wallywonka
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Post by wallywonka »

I don't know much about the Indicator except it's quite a popular one so I made a drone set for it hoping it might be useful. I believe Leon is using it successfully in a setup at the moment. I haven't spent much time with it to comment further.
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Post by taipan »

I have heard that this is Fisher indicator, somebody just renamed it. It is also called Solar wing indicator.
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Wavegarrick
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Post by Wavegarrick »

Hi Guys,

Reading all the inputs here about the Mega indicator :good: . thanks Guys. I don't know much about it but it compliments my system. Visual back tests look good.

However forward tests are more promising.

Cheers
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BostonEJ
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Post by BostonEJ »

taipan » Thu May 23, 2019 8:48 am wrote:I have heard that this is Fisher indicator, somebody just renamed it. It is also called Solar wing indicator.
I'll agree. In the short time I looked into this, after the above posts, I did find that it is a renamed Ehlers Fisher Transform indicator.
taipan
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Post by taipan »

BostonEJ » Fri May 24, 2019 3:17 am wrote:
taipan » Thu May 23, 2019 8:48 am wrote:I have heard that this is Fisher indicator, somebody just renamed it. It is also called Solar wing indicator.
I'll agree. In the short time I looked into this, after the above posts, I did find that it is a renamed Ehlers Fisher Transform indicator.

It has been modified to TDesk Compatible signal by Steve, see link below:

http://www.stevehopwoodforex.com/phpBB3 ... &start=230
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pacinvest
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Post by pacinvest »

Thanks for comment on the Mega FX indicator. I am not convinced that this indicator is from the infamous 'solar winds' and variants. Also I am not convinced that it is a Smoothed Fisher offshoot either. There is something else going on in this indicator, which is why I am interested. I guess the best thing for us is to just trade this thing and see how we go. (Nice trial Leon!)

I am using an indicator name Smoothed_RSI_EhlersIFT in my manual trading set-up. I think it is really useful and I am busy comparing it as a trigger against MegaFX. I have posted this version of the indy along with a UBD set file over on the Universal Drone thread.

(Apologies Thomas for mixing up the threads)
cheers vince
Last edited by pacinvest on Sat May 25, 2019 8:27 pm, edited 1 time in total.
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tomele
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Post by tomele »

Hi guys.

I like the dynamic of things unfolding here.

But doesn't this belong to the Universal Drones thread?

Cheers
Thomas
Happy pippin, Thomas :-BD

It ain't what you don't know that gets you into trouble.
It's what you know for sure that just ain't so.
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