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Intraday HGI or what ever is next :)
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3974		 Page 4 of 4
Author:  Radar [ Fri Dec 26, 2014 8:31 am ]
Post subject:  MTF Hurst Ribbons
Hey Doug,

So, I had a play with Gringoh's Hurst Ribbon indicator, plugged it into Padnoter's T3MA_Ribbon_Multi, and got to see 4 luvverly ribbons - current chart, + next 3 up :)

The idea was that if we had the 3 ribbons heading in the same direction, we could adjust our stops & extend our TP, which we can do, but...

If I tried to get a ribbon for a timeframe 4 steps up, I had a long, loooong wait :(

More than likely, it's my implementation that's causing the problem.

Another idea has come to mind, though...

Pips400 wrote a nice little indicator Hurst Target.mq4...

So, I'm thinking of a windowed MTF indicator, which would show us when a cross-over occurred, and how far away the target is...

It would look like the STO, with matching colours for target (as either TargetPrice, or PipsToTarget (or both)) & lines for each timeframe.

I figure we've got enough indicators to tell us when to get into a trade, and whilst HGI tells us when to get in & out, an MTF Hurst Target will let us know whether to go for the quick profit, or to adjust our stops for the longer haul ;)

Have fun!

Radar =8^)
Author:  slowkey [ Fri Dec 26, 2014 4:03 pm ]
Post subject:  MTF Hurst Ribbons
Radar » Fri Dec 26, 2014 4:31 am wrote:Hey Doug,

So, I had a play with Gringoh's Hurst Ribbon indicator, plugged it into Padnoter's T3MA_Ribbon_Multi, and got to see 4 luvverly ribbons - current chart, + next 3 up :)

The idea was that if we had the 3 ribbons heading in the same direction, we could adjust our stops & extend our TP, which we can do, but...

If I tried to get a ribbon for a timeframe 4 steps up, I had a long, loooong wait :(

More than likely, it's my implementation that's causing the problem.

Another idea has come to mind, though...

Pips400 wrote a nice little indicator Hurst Target.mq4...

So, I'm thinking of a windowed MTF indicator, which would show us when a cross-over occurred, and how far away the target is...

It would look like the STO, with matching colours for target (as either TargetPrice, or PipsToTarget (or both)) & lines for each timeframe.

I figure we've got enough indicators to tell us when to get into a trade, and whilst HGI tells us when to get in & out, an MTF Hurst Target will let us know whether to go for the quick profit, or to adjust our stops for the longer haul ;)

Have fun!

Radar =8^)
Sound like an interesting approach ... I would be interested in seeing it.

Cheers, :)
Doug
Author:  Radar [ Wed Dec 31, 2014 11:41 pm ]
Post subject:  Windowed Hurst X-Over & Target Indy
Hey Doug,

I'm still thinking of this one, but haven't got my head around how to code it yet :(

Have fun!

Radar =8^)
Author:  slowkey [ Fri Jan 02, 2015 6:58 pm ]
Post subject:  Windowed Hurst X-Over & Target Indy
Radar » Wed Dec 31, 2014 7:41 pm wrote:Hey Doug,

I'm still thinking of this one, but haven't got my head around how to code it yet :(

Have fun!

Radar =8^)
Thanks Radar, A new year and lots to explore in do time. Thanks for all your help last year. Good health to you in the year to come.

Cheers, :D
Doug
Author:  slowkey [ Wed Jan 14, 2015 6:59 pm ]
Post subject:  Intraday HGI or what ever is next :)
Bob has had released now an HGI 60 minute indicator for HGI. I do not trade that time period. If I decide to look at that I will post here.
However I like the 15 & 5 minute the most so that is where I spend my time trading.

My take on HGI is that to the extent that it relies on True TMA it can only be accurate and effective on the 60 minute and up time periods.

Saying that though I have no idea how the different signals are derived and if Bob makes a version that will do intraday I will take a look at it here.

Any signal from an indicator can look good historically especially when TMA is involved.

10.7 tuned to the 60 and 240 time periods remains the best intraday signal in my mind.


Cheers, :)
Doug
Author:  Jhlewis [ Thu Jan 15, 2015 3:05 pm ]
Post subject:  Intraday HGI or what ever is next :)
Which version is optimized for 60m? My search for it is coming up empty.

Thanks
Author:  slowkey [ Thu Jan 15, 2015 8:01 pm ]
Post subject:  Intraday HGI or what ever is next :)
Jhlewis » Thu Jan 15, 2015 11:05 am wrote:Which version is optimized for 60m? My search for it is coming up empty.

Thanks
You will find it on page 96 in the HGI thread. About the 3rd post down.

http://www.stevehopwoodforex.com/phpBB3 ... it=hgi+16#

Cheers, :)
Doug
Author:  Jhlewis [ Thu Jan 15, 2015 8:41 pm ]
Post subject:  Intraday HGI or what ever is next :)
Thanks man!
Author:  rudy5 [ Sat Jan 17, 2015 8:00 am ]
Post subject:  Intraday HGI or what ever is next :)
Awesome thread slowkey

What settings do you change on the mtf sto? Doesn't it adjust automatically to the current tf?
Author:  slowkey [ Sat Jan 17, 2015 8:32 am ]
Post subject:  Intraday HGI or what ever is next :)
rudy5 » Sat Jan 17, 2015 4:00 am wrote:Awesome thread slowkey

What settings do you change on the mtf sto? Doesn't it adjust automatically to the current tf?
You can download the package in the Gann 10.7 thread. The 2015 package is set to 60 and 240 time periods. They do not adjust automatically. Seems to be the best setting for the 15 minute time period.

Cheers, :)
Doug
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