HGI

Includes an archive of all previous Bob stuff
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nanningbob
Trader
Posts: 4560
Joined: Sun Dec 04, 2011 1:23 pm

HGI

Post by nanningbob »

HGI stands for Holy Grail Indicator. Now that does not mean it is 100% accurate but that it finally attains my goals I set out to do years ago with my 10.xxx series.

So what makes this different than all the other system and ideas out there on the market. Well, HGI is going to try to do 8 things I have not seen done before.
1. Tell you when something has started.
2. Tell you when something has ended.
3. Tell you something will continue
4. Tell you something will not continue
5. Tell you when to enter a trade.
6. Tell you when to get out of a trade.
7. Tell you where to put SL
8. Tell you when to reenter or multi-level a trade.

I have used the various versions of HGI as we have developed it over the last 3 weeks and the results have been impressive. Basically I am averaging aound 300 pips a day. Now that includes multiple level trading which most traders dont do so please dont expect those kind of results. I explain in the booklet when i am doing that so you will have an idea of how multi-level trading works.

I want to thank Steve, Ellixe, Milanese, Baluda, and the thousands of other traders through the years who have contributed to this indicator. It is not a simple indi to put together and the programming had a lot of challenges to it. Fundamentally 3 major things had to come together and work smoothly with each other to make it work.
1. the 240/60 MA philosophy had to work in conjunction with the TMA Slope of Baluda and other indis
2. Each of various indis has to work together and separately at the same time. A lot of number crunching had to be done to make them work seamlessly together.
3. Tough decisions had to be made on what to allow on the screen when price action was bouncing around decision points. This ended up being the toughest part to deal with.

Because of all the time and work put into this indi and to prevent some jerk adapting the code and selling it on the market. We want to keep this indicator free for all who want to use it. To do this we time limited the indi to 3 months usage at a time. (this may change in the future) 4 people have access to the code to make sure it will continue and keep it updated. This version will last until April 1, 2015 and then you will need to get a new dated or permanent indi. Anyway good luck and enjoy this unique indicator and the support that will continue to go with it.

Nanningbob
November 30, 2014

If you find my system helpful and profitable please make a donation to and help some child with their education:

http://www.compassion.com/

------------------------
A note inserted here by Steve. Bob wrote the manual before a lot of development of the wavy lines, which were black originally. Further development led to yellow and blue wavy lines, so this is an explanation.

A yellow wavy indicates that the market has moved into a range. Consider closing trades. All the available EA's using HGI offer the choice of closing trades following a yellow wavy. Whether to do so or not is a judgement call. The market will eventually break out of the range, so the judgement call is whether it will break our for or against you.

Blue wavy below the candle: strong long trend signal.

Blue wavy above the candle: strong short trend signal.
-----------------------

Some helpful places here at the forum:
HGI Beginner-Thread for all your basic questions:
http://www.stevehopwoodforex.com/phpBB3 ... =88&t=3985
Getting Empty4 Market Window in Alphabetical order:
http://www.stevehopwoodforex.com/phpBB3 ... 370#p91370
How to read charts with no indicators CJ Thread:
http://www.stevehopwoodforex.com/phpBB3 ... =59&t=1572
Popular additional trading tools to HGI,
The most important trading tool I have ever used CSS:
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3556
Trading lower Time Frames using Gann Ribbons by SlowKey:
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3974
Hurst indicator
http://www.stevehopwoodforex.com/phpBB3 ... =88&t=3993
http://www.stevehopwoodforex.com/phpBB3 ... 80#p108073
HGI Matrix, very good trading tool.
http://www.stevehopwoodforex.com/phpBB3 ... =27&t=3973

All actual version can handle the special case, when the user has less than 550 bars on chart and history limited (on VPS for saving resources), HGI will work as intended with fewer bars and not show wrong calculations..

The expiry date will regularly be updated, so no fear that one day your HGI will not work any longer it is only a security feature avoiding silly abuse.

HGI 16.09 update. back to the basic version, without hurst and ignore future, but with the new better alert system.. read ---click---> http://www.stevehopwoodforex.com/phpBB3 ... 20#p118520

You now can hide all signal that you not want. http://www.stevehopwoodforex.com/phpBB3 ... 17#p140417

Downloads:

HGI_v16.09.ex4
Latest version of original HGI indicator. Expires January 1st 2025.

HGI_v17.00.ex4
Extended version of HGI indicator with "no future function" and Hurst formula embedded. Expires January 1st 2025.

hgi_lib.ex4
HGI library. Needed only for indicators (like HGI_Matrix) or EA's using the hgi_lib. Not needed if you only use the HGI indicators above. The also needed hgi_lib.mqh include file you will find in the topics using the hgi_lib. See the instructions you find there. Expires January 1st 2025.

HGI DEC 2014 V.14.01.pdf
HGI manual.
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I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
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nanningbob
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Posts: 4560
Joined: Sun Dec 04, 2011 1:23 pm

HGI

Post by nanningbob »

To those who read the previous booklet I put out Friday, the only changes in this booklet were grammatical, eliminated the phrase that RAD arrows are only black now, I kept them green and red, and changed the wording CSS to more accurately TMA slope. CSS compares all pairs slope against each other and TMA Slope compares the 2 pairs on the screen. So HGI follows TMA slope. How TMA slope works is a separate booklet in the folder. Also in the final version for those of you who tested previous versions of HGI wavy lines are only posted at candle close and should not appear during a candle move. All other signals can post during a candle move.

To show how accurate this thing was I posted last week showing how usd/jpy run had run out of gas and the wavy lines told us so. Here is the same usd/jpy chart showing the signal was good.
You do not have the required permissions to view the files attached to this post.
I trade http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3964,
I talk about my philosophy of trading here.
http://www.stevehopwoodforex.com/phpBB3 ... =38&t=3627
"The key to converting something useful to others is simplicity. Complexity is the enemy to execution." Tony Robbins
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MajorD
Trader
Posts: 15
Joined: Fri Oct 19, 2012 10:23 am

HGI

Post by MajorD »

:good: Thanks Bob, Steve, Ellixe, Milanese and Baluda :hi:

If this is half as good as it sounds then it is one heck of a Christmas Bonus... :xm: :party:

Lately I have been using a combination of 240 v11 and 10.7_Trend w/sto alerts and have managed to add
13% to my Live acc this week alone, so to get another awesome tool for the arsenal will certainly up the odds
for success.

Thanks again to you generous souls, you are all very much an inspiration to us all.

:!!:
rizla101
Posts: 9
Joined: Wed May 08, 2013 8:00 am

HGI

Post by rizla101 »

Many thanks Bob et al. Your hard work and generosity is much appreciated. Look forward to testing this out in the coming weeks. :good:
summicron
Posts: 4
Joined: Sat Nov 19, 2011 5:14 am

HGI

Post by summicron »

Thank you again Bob and all those who made this happen.

I still remember printing out and reading 10.0 during my lunchbreaks. Wow has it been that long. Time flies.
irfanmalik721
Trader
Posts: 20
Joined: Mon Jun 10, 2013 4:48 am

HGI

Post by irfanmalik721 »

Thanks Bob, Steve, Ellixe, Milanese and Baluda. You guys are incredible. You never let the party stop. Always putting things together for all of us. Hats Off guys :hi:
Lowphat
Trader
Posts: 120
Joined: Fri Jun 27, 2014 12:20 am

HGI

Post by Lowphat »

2014.11.30 07:25:35.860 zero divide in 'HGI_Dark.V.14.01.mq4' (184,56)
had jason run it and he got the same thing
It still looks great and so far it doesn't seem to be causing any issues i can see at least with the market closed
Last edited by Lowphat on Sun Nov 30, 2014 1:38 pm, edited 1 time in total.
trader689
Trader
Posts: 644
Joined: Thu Nov 17, 2011 12:53 am

HGI

Post by trader689 »

many thanks Bob et al for all the hard and inspired work you generously share with the mortals of retail forex , hats off to you

:hi:
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TraderJoeForex
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Posts: 1157
Joined: Fri Mar 08, 2013 10:29 pm
Location: South London

HGI

Post by TraderJoeForex »

Christmas has come early! Thank you to everyone involved in this. :xm:
onward62
Posts: 8
Joined: Wed May 09, 2012 7:41 pm

HGI

Post by onward62 »

Grateful to all involved in this project. Your willingness to share such a powerful tool is inspiring.
Thank you all.
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