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| 240 MA BUY.ABOVE_SELL.BELOW https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3871 |
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| Author: | Nidolap [ Mon Oct 13, 2014 6:20 am ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
Thanks for the explanation Bob. Another thing that could be useful is a news filter to trade in the lower time frames, at least for the red news. I will keep an eye on these events because it could go anywhere and void a trend signal, specially in lower TF's. |
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| Author: | nanningbob [ Mon Oct 13, 2014 8:40 am ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
I got a eur/usd sell signal so I took it. 4H chart. |
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| Author: | Nidolap [ Mon Oct 13, 2014 8:51 am ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
On the H4 timeframe how many points would you consider a good TP? Maybe it depends on the specific ADR for the market? |
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| Author: | nanningbob [ Mon Oct 13, 2014 8:51 am ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
ALSO gbp/usd 4H |
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| Author: | nanningbob [ Mon Oct 13, 2014 10:57 am ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
Ok I made one small adjustment to the code for the signals. It delays the arrow for just a tiny bit but it will give you on decent moves the opposite arrow if you want to take that warning for TP. For example you will get a red arrow and the move goes nicely. You now have a much better chance of getting the pink CT arrow which tells you to exit the trade. It also will give a couple of extra entry points in a trend. This is a refinement of the basic system I eyeballed over the weekend. The one thing I that is aggravating is every candle it updates all the signals so every 4 hours I get a bunch of alerts. Ignore those unless by chance it gives a new signal. Test this out and if it works properly this should be the final version. I added back in the xxx.000 lines because they do make good goals for TP and SL but you can decide on that. I also have the line of zero in for multiple level trading but shouldnt need it that often. Anyway slight delay in the signal gives you a few more signals but gives more CT signals which you can trade or use at the TP point. So far my trades are doing good today just posted a couple and am doing will with a couple of CT trades. So hopefully this will be the final version. |
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| Author: | Nidolap [ Mon Oct 13, 2014 11:00 am ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
Will test it! Thanks. |
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| Author: | nanningbob [ Mon Oct 13, 2014 11:03 am ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
I just closed my euro session trades and am up 200 pips for the day. I havent done this well in quite a while. To be honest though I CT traded the eur/aud and the gbp/aud and that is where I got 140 of those pips. But pleased with how this gives me really good entrances that go into profit quickly or its obvious if they run into the arrow it is a bad trade so no need to hang in there. 6-2 so far today and still have some open trades. |
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| Author: | art [ Mon Oct 13, 2014 12:50 pm ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
my platform has just updated to 711, lost a few templates and indies, now when i load 11.07 the lines on the 10.4 SSG will not load any ideas |
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| Author: | art [ Mon Oct 13, 2014 12:55 pm ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
also when i put pending orders on now it doesnt show the lines it just has the levels texted down the side |
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| Author: | nanningbob [ Mon Oct 13, 2014 12:55 pm ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
I should have changed the name of the SSG. Just add the 20 lines back in or rename it to get the other one back. The one on this page is 100 lines only the one on page 1 is every 20 lines. So renaming the indi and saving the template is the solution. I will do that before putting up a final version. |
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