HGI

[shellsnail]

An idea that came to me... Just putting it out there to see if anyone thinks this might be useful.

Could it be possible to implement an objective function, with the following variables:

1) Lookback period (i.e. last n symbols)
2) Some sort of time-decaying weights.
3) Weights on wavy lines, small arrows, large arrows.

So in a sense, when objective function > K, some constant, it means buy or hold buy position; if it dips below K, it means close position, if it is < -K then sell etc.

and then get the indicator to store the n-period of (ignoreFuture = False) objective function data somewhere, regardless of whether you refresh the charts or not, so this allows any chart to be opened and traded immediately, instead of having to leave it open for "n symbols to appear" before you can get a read of the market based on the objective function..

Ofcourse this requires us to determine what this period is, what sort of weights to implement, or what kind of decay to use. Perhaps the more experienced traders using HGI can chip in on this. But I think a step to this direction would allow us to optimise HGI for different currency pairs (by tuning the weights), and also have parameters that can be optimised as market conditions changes over time (again by tuning the weights, or constant K), increase objectivity in decision making, and in all, move close to the so-called Holy Grail.

Just some ideas, if they don't seem good to you, feel free to ignore

Thanks.

[trendinator]

i noticed version 16.03 gives very different signals to 16.04 and 15.06, especially the TMA signals. be careful if you are still using 16.03!

in the picture 16.03 is larger, red and green. 16.04 is smaller, blue and orange. (range trades are black/invisible)

1603vs1604.JPG

[milanese]

i noticed version 16.03 gives very different signals to 16.04 and 15.06, especially the TMA signals. be careful if you are still using 16.03!

in the picture 16.03 is larger, red and green. 16.04 is smaller, blue and orange. (range trades are black/invisible)

16.03 was buggy and I updated the version right away and informed the users.. you should only use 16.04 ..

Cheers

Tommaso

[forextraderaz]

Hi,

I use the HGI V16.04 15M chart version all the time one of my favorites so far. Was curious if you have a version I can test out for the 5 minute chart:) ? Thanks

[milanese]

Hi,

I use the HGI V16.04 15M chart version all the time one of my favorites so far. Was curious if you have a version I can test out for the 5 minute chart:) ? Thanks

no, just try the standart HGI 16.04 for this..

Cheers

Tommaso

[rod178]

Any plans to develop a cTrader version? imho Empty4 sucks it is a tool for crim Brokers

[milanese]

Any plans to develop a cTrader version? imho Empty4 sucks it is a tool for crim Brokers

no , cTrader is not an valid alternative, read too this post ---click---> http://www.stevehopwoodforex.com/phpBB3 ... 27#p109327

Cheers

Tommaso

[rod178]

Any plans to develop a cTrader version? imho Empty4 sucks it is a tool for crim Brokers

no , cTrader is not an valid alternative, read too this post ---click---> http://www.stevehopwoodforex.com/phpBB3 ... 27#p109327

Cheers

Tommaso

Thanks for the response. I'm familiar with Bill's posts and his pdf on cTrader, which to be blunt I found to lack objectivity. Actually my desire to switch from Empty4 to cTrader has more to do with my ongoing frustrations and mistrust of the Empty4 platform. I'm also not that enthused with some lacking functionality in cAlgo. eg the ability to programmatically interact with objects. Is it program functionality that makes the platform unsuitable or something else?

regards
Rod

[burst2d]

Do all of the hgi indicators have an expiry date ?

[deelondon]

Gentlemen

Fist of all I would like to thank Bob for sharing his life work and experience in such a selfless manner that shows his generous character. Furthermore, I would like to thank the programmers who created Bob's strategy into an amazing complex but easy to use indicator and generously put days of hard work into it. Chapeau for all the hard work, constant updates and adding all these features and requests to it. This community is truly incredible and shows what a crowd working together can achieve and make it accessible to everybody for free.

I used FF in the past but got fed-up with the rude comments and hard time that certain users are giving to contributors. I read over the past 10 days or two weeks the ALR topics (that is how I found SHW forum when googling Joseph Nemeth) and the HGI threads. I was amazed how cultivated the replies are and should be! This is certainly asks for a big thank you to Steve Hopwood who seems to rule with an iron fist to keep order, discipline and peace.

I have a question if it would be possible to create an EA with:

- ALR EA (with Spider's or Wealthmaster's features) allowing manual trading according the HGI indicator
- Once the HGI indicator or Matrix (by the way thank you very much Renexxx! Great work!!!) shows the direction to trade, that I can drag and drop the EA on the relevant chart, add lot size and Loss Recovery Point and Take Profit.
- Take Profit feature to close positions when opposite HGI signals are appearing.
- However, that positions can be manually closed if they are not in ALR mode, too.

The combination of these two systems would be awesome, especially when positions are open and the trader is or cannot be constantly in front of the screens.

Thank you so much for everybody who has contributed to this amazing product!

All the best,

David aka Dee