10.7/10.9 INDI SOLUTIONS

[SpiderX]

Unless I am mistaken, as it stands now, the pair name will not react (Lime) with the D1 Sto. Only H4 or less. Spider, is this the case?

Yes.
That is correct. Only H4 or less as far as i remember.

Cheers

[SpiderX]

As soonas the Sto arrow turns, I enter immediately. I don´t wait for close.

Isnt there risk that the Sto arrow turns one direction initially, then reverses and turns the other way, and closes in the other direction ?

Cheers

[theforexedge]

Recommended Stochastic High/Low settings. For H4, I recommend 70/30. For H1 80/20 is ok.

Alorente

What settings are you using for H4 stochclose_high & stochclose_low?


Thanks, JP

[SpiderX]

Alorente

What settings are you using for H4 stochclose_high & stochclose_low?

Thanks, JP

It doesnt matter, because Al edited the code for the yellow which should indicate time to close.
So there is no yellow indicator for the dashboard which link to these 2 variables.

Cheers

[alorente]

As soonas the Sto arrow turns, I enter immediately. I don´t wait for close.

Isnt there risk that the Sto arrow turns one direction initially, then reverses and turns the other way, and closes in the other direction ?

Cheers

Yes. That is why I don´t close till after it moves past 50 and then turns. It is common for the arrow to switch back and forth till the trend change is established. The other option you have is to set a stop order once the arrow turns, but I don´t like stop orders. It takes a while for the H4 arrow to turn. Once it does, its good enough for me to enter. I do use Extreme TMA as a filter in addition to the dashboard and I take the trade only if Extreme TMA says I should. The dashboard is a great tool, but not the only one. You should check the trade against your favorite filter and take only the ones with the highest potential. It´s all about probabilities in this game...

[rosst]

As soonas the Sto arrow turns, I enter immediately. I don´t wait for close.

Isnt there risk that the Sto arrow turns one direction initially, then reverses and turns the other way, and closes in the other direction ?

Cheers

Yes. That is why I don´t close till after it moves past 50 and then turns. It is common for the arrow to switch back and forth till the trend change is established. The other option you have is to set a stop order once the arrow turns, but I don´t like stop orders. It takes a while for the H4 arrow to turn. Once it does, its good enough for me to enter. I do use Extreme TMA as a filter in addition to the dashboard and I take the trade only if Extreme TMA says I should. The dashboard is a great tool, but not the only one. You should check the trade against your favorite filter and take only the ones with the highest potential. It´s all about probabilities in this game...

Interesting thread - thanks for sharing. Could you post a picture of your dashboard when you find a trade?
Thanks again...

[alorente]

hi al,

Attached is the dashboard with your custom changes.
Seems that you have customized some of the schemes to your preferences, so this would be a custom version for you.

Cheers

Hello Spider.

I would like to do a statistical comparison of winners between the custom dashboard you just coded yesterday and one exactly like it but with only the D1 Trend condition, removing the Wk and D alignment condition. In other words:

ForestGreen pair: D1Trend square is Lime.

FireBrick: D1Trend square is Red.

Lime pair: D1Trend square is Lime AND shown stochastic column value is below Stochastic low setting.

Red pair: D1Trend square is Red AND shown stochastic column value is above Stochastic high setting.


I want to see which one generates more winners. I will test for a month and let you know the results when I finish.

Please name this dashboard. D1Trend only.

This change should be easy for you. Thanks a lot.

[SpiderX]

Hi Al,

Attached is the updated dashboard, with additional parameters:

Code: Select all

extern bool ignoreWKD1_21     =false;

Set it to true for what you have requested.

As a note, the current market conditions are pretty much ranging....not sure if your one month test would give any helpful information.

Cheers

[alorente]

Hi Al,

Attached is the updated dashboard, with additional parameters:

Code: Select all

extern bool ignoreWKD1_21     =false;

Set it to true for what you have requested.

As a note, the current market conditions are pretty much ranging....not sure if your one month test would give any helpful information.

Cheers

Thanks Spider. I agree that the market is going nowhere. I´ll keep both dashboards going for as long as needed till I find a statistically relevant result.

[kwchau]

Just like to ask if any member would have a true version of the TMA_CGmod 3.1. I have downloaded the non true version which is a good compliment to 10.7 and 10.9.