HGIMatrix

[KeithM]

Hi Guys

Since the HGI update on the 1st July my Matrix scanner no longer works. Any ideas?

Cheers

Keith

[rhopz]

Hi Guys

Since the HGI update on the 1st July my Matrix scanner no longer works. Any ideas?

Cheers

Keith

Update hgi_lib.ex4 to its latest version (it does have an expiration date).

Cheers,

[KeithM]

Worked a treat. I had updated hgi_lib.mhq.

Thanks!

[andwen]

Hi.

Is it possible to have HGI Matrix show weekly ?? I have input 7200,1440 to show weekly and daily but it doesnt seem to recognise the 7200 variable and wont show it on the matrix. Just a preferance as prefer longer term trades.

Thanks

[qvintus]

Hi.

Is it possible to have HGI Matrix show weekly ?? I have input 7200,1440 to show weekly and daily but it doesnt seem to recognise the 7200 variable and wont show it on the matrix. Just a preferance as prefer longer term trades.

Thanks

Weekly is 10080

[andwen]

Hi qvintus,

Thanks very much for your help.

[RisklessPips]

Here is a simple method for using HGIMatrix, HGI + Sixths and PoM-Indi to trade H1 and above.

Step 1 - Please refer to the screenshot

HGIMatrix PoM.png

Place your HGIMatrix with desired trading TF's on a chart
Place another chart with PoM-Indi with the same TF's alongside the first.
Put HGI (if desired) and the 6ths grid on the chart template that is called by HGIMatrix

Step 2

Trade long if these rules are met :

Symbol is in an uptrend - recognised by font green
The blue wavy lines are BELOW the RAD or TREND arrows. (Do not trade range arrows)

Trade short if these rules are met :

Symbol is in an downtrend - recognised by font red
The blue wavy lines are ABOVE the RAD or TREND arrows. (Do not trade range arrows)

Symbol is ranging - recognised by font gold
Trade in the direction of the RADs ONLY IF ALL the TF's you are trading have RAD's showing the same direction.

In all trades at H1 and H4 TF :
If trading the H4 cell for symbol and TF, the RAD or TREND arrow did not form more than 2 bars ago.
If trading the H1 cell for symbol and TF, the RAD or TREND arrow did not form more than 4 bars ago.

Note : Why these numbers? - 2 & 4 bars represent a full and half a working day at each TF. In the absence of high impact news about to come out they are good enough signals to trade here and now.

If you are trading D1, W1 or MN - decide on how long ago the RAD or TREND arrow should have formed to make good trading sense for entry now. - My suggestion : These should all be no more than 0 i.e current candle !

Step 3

Look at screenshot above to see how these trades were identified on HGIMatrix.

Ensure Price Action IS NOT in the end zones of the 6ths grid (see shots below). If it is price exhaustion is likely - look for another trade.

NZDUSD.png

EURAUD.png

Step 4

Look at PoM-Indi (see the first shot above) to read the symbol's PoM value - refer to the first shot above

Use these rules to determine whether to put in a stop or limit order.

If HGIMatrix identified a long trade, then
if PoM-Indi has a negative value
Put in a buy limit order
if Pom-Indi has a positive value
Put in a buy stop order

If HGIMatrix identified a short trade, then
if PoM-Indi has a positive value
Put in a sell limit order
if Pom-Indi has a negative value
Put in a sell stop order

There you have it

Charles

[Dragonian]

This looks interesting, thanks Charles :hi:

[dikifx]

My HGImatrix lib version has issues with compiling even after updating all the required files though the normal version is working ok...anyone else who has the same issue? is there any patch for this?

[milanese]

My HGImatrix lib version has issues with compiling even after updating all the required files though the normal version is working ok...anyone else who has the same issue? is there any patch for this?

you need the new hgi.mqh file, you find the updated version in this thread in the first post..
Cheers

Tommaso