stevehopwoodforex.com • HGI used with Hurst charts

Author:

Radar [ Tue Dec 23, 2014 6:47 pm ]

Post subject:

HGI used with Hurst charts

Hey Gringoh,

gringoh » Wed Dec 24, 2014 3:46 am wrote:@Pips400: many thanks for your indi, not tested yet. I was thinking to code something like this after Christmas... We are really lucky here at SHF

@Radar: is there anything I can do to improve the indi?

Cheers,
G

Not at all

It wasn't your implementation that chews up the CPU

I wanted to display the Hurst ribbon for the H1 on an M1 chart, in the same way that Slowkey has the Gann Ribbon System set up... The only way I could do that was...

Code: Select all

   if (TimeFrame  == 0) TimeFrame  = Period();
   tfmultiplier = TimeFrame / Period();
   FastTMA = HalfLengthFastTMA * tfmultiplier;
   SlowTMA = HalfLengthSlowTMA * tfmultiplier;
   //Fast TMA
      FastTMA=MathMax(FastTMA,1);
      fullLength1 = FastTMA*2+1;
      ArrayResize(weights1,fullLength1);

...which makes for a lot of number crunching.

As I said, it's good for 3 timeframes above the current, but go any higher, and I'd need a CPU rated @TeraHertz speeds

Have fun!

Radar =8^)

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Author:	Zingers [ Tue Dec 23, 2014 3:43 pm ]
Post subject:	HGI used with Hurst charts
pips400 » Tue Dec 23, 2014 2:33 pm wrote:In case someone might find this useful I put together a Hurst Target indicator. Doesn't tell us anything we can't already work out, but plots the swinghigh/swinglow of the last move, the crossover point, and the projected extension. Parameters can be changed for the extension. The pic says it all. Very Good. Tried it and it works - saves on the mental arithmetic. Reminds me of the MOB indicator they use in Advanced Get some time back - That indicator obviously had very different calculations and was in the old machine code..... (before Empty4) and was always a bit hit and miss unlike this which is spot on. Thanks

Author:	Radar [ Tue Dec 23, 2014 3:51 pm ]
Post subject:	HGI used with Hurst charts
Hey Pips400, pips400 » Wed Dec 24, 2014 12:03 am wrote:In case someone might find this useful I put together a Hurst Target indicator. Doesn't tell us anything we can't already work out, but plots the swinghigh/swinglow of the last move, the crossover point, and the projected extension. Parameters can be changed for the extension. The pic says it all. Nice piece of work And damn easy to read the code, too! Now, to work out how to embed it in an EA I've been trying to code similar myself, but the "L"-plate is still firmly affixed to my forehead I got Gringoh's ribbon indie to show higher timeframes, but it will only show up to 3 timeframes higher in real-time... Any more than 3 TF's higher, and it takes an hour or so to crunch the numbers on my old machine From there, I tried to store the current & previous crossovers, so that I could get the HH or LL, but had no luck Have fun! Radar =8^)

Author:	Pipstubborn [ Tue Dec 23, 2014 3:58 pm ]
Post subject:	HGI used with Hurst charts
pips400 » Tue Dec 23, 2014 8:33 am wrote:In case someone might find this useful I put together a Hurst Target indicator. Doesn't tell us anything we can't already work out, but plots the swinghigh/swinglow of the last move, the crossover point, and the projected extension. Parameters can be changed for the extension. The pic says it all. That's great Pips400, will test it right away. By chance can you tell me also how to set the fib's to read the 0-100-200? Appreciate your help. Pipstubborn

Author:	pips400 [ Tue Dec 23, 2014 5:24 pm ]
Post subject:	HGI used with Hurst charts
Pipstubborn » Tue Dec 23, 2014 3:58 pm wrote: pips400 » Tue Dec 23, 2014 8:33 am wrote:In case someone might find this useful I put together a Hurst Target indicator. Doesn't tell us anything we can't already work out, but plots the swinghigh/swinglow of the last move, the crossover point, and the projected extension. Parameters can be changed for the extension. The pic says it all. That's great Pips400, will test it right away. By chance can you tell me also how to set the fib's to read the 0-100-200? Appreciate your help. Pipstubborn Hi pipstubborn If you go to Fibo properties (right click) then under fibo levels tab, click the Add button and enter a negative value for level e.g. -1 and 100 in the description. This depends upon which way you draw the fib but it's the way I do it. fibo.PNG

Author:	gringoh [ Tue Dec 23, 2014 6:16 pm ]
Post subject:	HGI used with Hurst charts
@Pips400: many thanks for your indi, not tested yet. I was thinking to code something like this after Christmas... We are really lucky here at SHF @Radar: is there anything I can do to improve the indi? Cheers, G

Author:	xrismak [ Tue Dec 23, 2014 6:22 pm ]
Post subject:	HGI used with Hurst charts
pips400 » Tue Dec 23, 2014 2:33 pm wrote:In case someone might find this useful I put together a Hurst Target indicator. Doesn't tell us anything we can't already work out, but plots the swinghigh/swinglow of the last move, the crossover point, and the projected extension. Parameters can be changed for the extension. The pic says it all. Hello Pips 400, Please can you kindly tell me what those 2 things I circled in Red do, as in what Kind of Information am I looking to Glean from the Visuals on my Chart. Many Thanks, xrismak

Author:	xrismak [ Tue Dec 23, 2014 6:26 pm ]
Post subject:	HGI used with Hurst charts
xrismak » Tue Dec 23, 2014 6:22 pm wrote: pips400 » Tue Dec 23, 2014 2:33 pm wrote:In case someone might find this useful I put together a Hurst Target indicator. Doesn't tell us anything we can't already work out, but plots the swinghigh/swinglow of the last move, the crossover point, and the projected extension. Parameters can be changed for the extension. The pic says it all. Hello Pips 400, Please can you kindly tell me what those 2 things I circled in Red do, as in what Kind of Information am I looking to Glean from the Visuals on my Chart. Many Thanks, xrismak Excuse my Question Please, I Now Know What they Do.... Sorry my Brain just Woke Up....after going through the Edit Path of the Indicator itself.... Cheers, xrismak

Author:	pips400 [ Tue Dec 23, 2014 6:45 pm ]
Post subject:	HGI used with Hurst charts
gringoh » Tue Dec 23, 2014 6:16 pm wrote: We are really lucky here at SHF I agree. The contributions of many like your good self, make SHF the best forex forum anywhere. I'm really trying to wind down for Christmas, finding it hard to switch off after such an effort this year. But time to give my brain a rest. So final greetings from me. See you all in 2015

Author:	Pedro2 [ Tue Dec 23, 2014 8:57 pm ]
Post subject:	HGI used with Hurst charts
pips400 » Wed Dec 24, 2014 12:33 am wrote:In case someone might find this useful I put together a Hurst Target indicator. Doesn't tell us anything we can't already work out, but plots the swinghigh/swinglow of the last move, the crossover point, and the projected extension. Parameters can be changed for the extension. The pic says it all. Pips400, Thanks for the neat little indicator. As you said nothing that cannot be worked out. But small things like this help reduce mistakes in ones trading and make it just that much easier. By the way I have included another small indicator I found that maybe of use. It can be a small ribbon on the bottom of the screen. It shows the start of a run before the Hurst Target indicator kicks in to show the target. So have a good new year everyone. Pedro2

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