HGI for beginners.

pacers · Post by **pacers** » Mon Jan 19, 2015 3:19 pm

AnGri » Mon Jan 19, 2015 9:00 am wrote:
AnGri » Wed Jan 14, 2015 11:16 am wrote:....

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?
Can't anybody help with this?
Should i move it to the "regular" HGi thread perhaps?

I second this. If someone could explain it would help a lot.

Thanks a lot

pacers · Post by **pacers** » Mon Jan 19, 2015 3:48 pm

I posted on the main HGI asking about the meaning of the xxx.00 or 100 lines that Bob is talking about both in the manual as well the main thread but I guess people think that this is a basic question that should be asked here.

The reason I asked it in the main thread is because it is a question regarding Bob's strategy and therefore not a basic question but anyway.

There is no explanation (or I can't find an explanation) so can someone please be kind enough to explain the 100 lines to me? Maybe its something very basic but I don't understand it and it would help me after all understand the whole strategy.

Post by **milanese** » Mon Jan 19, 2015 4:04 pm

pacers » Mon Jan 19, 2015 3:48 pm wrote:I posted on the main HGI asking about the meaning of the xxx.00 or 100 lines that Bob is talking about both in the manual as well the main thread but I guess people think that this is a basic question that should be asked here.

The reason I asked it in the main thread is because it is a question regarding Bob's strategy and therefore not a basic question but anyway.

There is no explanation (or I can't find an explanation) so can someone please be kind enough to explain the 100 lines to me? Maybe its something very basic but I don't understand it and it would help me after all understand the whole strategy.

just read Bob's PDF and you will understand it..

pacers · Post by **pacers** » Mon Jan 19, 2015 4:19 pm

milanese » Mon Jan 19, 2015 4:04 pm wrote:
pacers » Mon Jan 19, 2015 3:48 pm wrote:I posted on the main HGI asking about the meaning of the xxx.00 or 100 lines that Bob is talking about both in the manual as well the main thread but I guess people think that this is a basic question that should be asked here.

The reason I asked it in the main thread is because it is a question regarding Bob's strategy and therefore not a basic question but anyway.

There is no explanation (or I can't find an explanation) so can someone please be kind enough to explain the 100 lines to me? Maybe its something very basic but I don't understand it and it would help me after all understand the whole strategy.
just read Bob's PDF and you will understand it..

It is my mistake that I failed to explain what I meant.

I understand his strategy but my dark template doesn't have these lines nor the 20 lines.

Is it something I select through the Empty4 (or template) settings or is it an indicator to get me to have both the 20 and the 100 lines on my charts?

Sorry for the confusion

Post by **milanese** » Mon Jan 19, 2015 4:31 pm

pacers » Mon Jan 19, 2015 4:19 pm wrote:
It is my mistake that I failed to explain what I meant.

I understand his strategy but my dark template doesn't have these lines nor the 20 lines.

Is it something I select through the Empty4 (or template) settings or is it an indicator to get me to have both the 20 and the 100 lines on my charts?

Sorry for the confusion

just try, if the indicator works on a new default template, than you can add the other indicators, and if you see all like you want it just save the template ..

Cheers

Tommaso

pacers · Post by **pacers** » Mon Jan 19, 2015 4:35 pm

milanese » Mon Jan 19, 2015 4:31 pm wrote:
pacers » Mon Jan 19, 2015 4:19 pm wrote:
It is my mistake that I failed to explain what I meant.

I understand his strategy but my dark template doesn't have these lines nor the 20 lines.

Is it something I select through the Empty4 (or template) settings or is it an indicator to get me to have both the 20 and the 100 lines on my charts?

Sorry for the confusion
just try, if the indicator works on a new default template, than you can add the other indicators, and if you see all like you want it just save the template ..

Cheers

Tommaso

I suppose me not being a native English speaker makes it harder for you to understand me. Hehehe.

I don't have the indicator that draws these lines. Well before you replied I didn't even know it was an indicator.

So all I am asking is: Can you point me to the indicator which draws these lines? Or if this indicator is included in the HGI indicator then could you please let me how to turn it on?

Thanks and sorry again for the confusion

Post by **milanese** » Mon Jan 19, 2015 4:37 pm

pacers » Mon Jan 19, 2015 4:35 pm wrote:
I suppose me not being a native English speaker makes it harder for you to understand me. Hehehe.

I don't have the indicator that draws these lines. Well before you replied I didn't even know it was an indicator.

So all I am asking is: Can you point me to the indicator which draws these lines? Or if this indicator is included in the HGI indicator then could you please let me how to turn it on?

Thanks and sorry again for the confusion

it is in the zip file like all other indicators attached to the first post in HGI main thread, you must first install the indicators as without them no template can work...

pacers · Post by **pacers** » Mon Jan 19, 2015 4:55 pm

milanese » Mon Jan 19, 2015 4:37 pm wrote:
pacers » Mon Jan 19, 2015 4:35 pm wrote:
I suppose me not being a native English speaker makes it harder for you to understand me. Hehehe.

I don't have the indicator that draws these lines. Well before you replied I didn't even know it was an indicator.

So all I am asking is: Can you point me to the indicator which draws these lines? Or if this indicator is included in the HGI indicator then could you please let me how to turn it on?

Thanks and sorry again for the confusion
it is in the zip file like all other indicators attached to the first post in HGI main thread, you must first install the indicators as without them no template can work...

Thank you very much. That was the answer I was looking for.

Post by **Gertje** » Mon Jan 19, 2015 6:41 pm

AnGri » Mon Jan 19, 2015 9:00 am wrote:
Can't anybody help with this?
Should i move it to the "regular" HGi thread perhaps?

Don't over-complicate things.
Just follow the signals.

If you want to use "higher TF" signals on lower TF's, like H4/ H1, wait for sell-signals on the H1 after H4 printed an trend-down arrow. If you get the yellow wavies above on H1 you're halfway, uptrend has ended and downtrend might be about to start.

Vice-versa for buy's.

Do so untill yellow wavies on H1 or H4 and wait for direction on H4 again. Trend-arrows or blue wavies. Then go to H1 and trade in that direction again when H1 signals print.

pacers · Post by **pacers** » Tue Jan 20, 2015 9:56 am

Happening right now on E/U H4, I had first a small green upwards arrow and then I had a wavy appear on the same candle.

Should this be interpreted as a stronger move than just a simple wavy or maybe something different? Or it doesn't really matter?

Screen Shot 2015-01-20 at 10.47.24.png