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Under the hood of HGI (was: New HGI MTF history indicator)
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=5313
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Author:  Sandovich [ Sat Oct 28, 2017 3:02 pm ]
Post subject:  New HGI MTF history indicator

tomele » Sun Oct 22, 2017 9:55 pm wrote:Hi.

I am looking at three strategies:
- The three upper bars must align
- The three lower bars must align
- 3 of 4 bars must align
I like the idea of trading
when the three upper bars align as a filter and enter and exit trades on the LTF upper bar.
One could also enter on the upper LTF bar and exit on the 2nd level slightly higher time frame as it is a trend following system .
Author:  Barcode [ Mon Oct 30, 2017 6:58 am ]
Post subject:  New HGI MTF history indicator

Thomas,

Should this happen? The red dot (red down arrow) has disappeared from the second screenshot. There screenshots were taken by Steve's EA 'Holy Graily Bob'n Thomas' and were taken when the new candle opened. So the red dot disappeared after the candle closed.

Bob
Author:  matt_32 [ Mon Oct 30, 2017 7:16 am ]
Post subject:  New HGI MTF history indicator

Sandovich » 28 Oct 2017 17:02 wrote:
tomele » Sun Oct 22, 2017 9:55 pm wrote:Hi.

I am looking at three strategies:
- The three upper bars must align
- The three lower bars must align
- 3 of 4 bars must align
I like the idea of trading
when the three upper bars align as a filter and enter and exit trades on the LTF upper bar.
One could also enter on the upper LTF bar and exit on the 2nd level slightly higher time frame as it is a trend following system .

This is the way I trade it , with promising results. The only thing that would make this better is probably an ALERT that would sound on alignments.

But still a great tool that has all my attention !!

Once again a BIG THANK YOU to those involved and especially to Thomas for creating this amazing tool !

Matt
Author:  tomele [ Mon Oct 30, 2017 9:52 am ]
Post subject:  New HGI MTF history indicator

Barcode » 30 Oct 2017, 07:58 wrote:Thomas,

Should this happen? The red dot (red down arrow) has disappeared from the second screenshot. There screenshots were taken by Steve's EA 'Holy Graily Bob'n Thomas' and were taken when the new candle opened. So the red dot disappeared after the candle closed.

Bob
Hi Bob.

Yes, this is how HGI works. Please read the HGI manual: HGI DEC 2014 V.14.01.pdf
Author:  Barcode [ Mon Oct 30, 2017 10:39 am ]
Post subject:  New HGI MTF history indicator

tomele » Mon Oct 30, 2017 9:52 am wrote:
Barcode » 30 Oct 2017, 07:58 wrote:Thomas,

Should this happen? The red dot (red down arrow) has disappeared from the second screenshot. There screenshots were taken by Steve's EA 'Holy Graily Bob'n Thomas' and were taken when the new candle opened. So the red dot disappeared after the candle closed.

Bob
Hi Bob.

Yes, this is how HGI works. Please read the HGI manual: HGI DEC 2014 V.14.01.pdf
Sorry I don't understand that Thomas. I've read the manual previously and just read it again. And I've read many posts here about it. On page 34 it says "c. However, if you don’t change the time frame or turn the Empty4 on and off the symbol will stay." I didn't change time frames or turn Empty4 on and off.

Bob
Author:  tomele [ Mon Oct 30, 2017 11:03 am ]
Post subject:  New HGI MTF history indicator

Barcode » 30 Oct 2017, 11:39 wrote:
Sorry I don't understand that Thomas. I've read the manual previously and just read it again. And I've read many posts here about it. On page 34 it says "c. However, if you don’t change the time frame or turn the Empty4 on and off the symbol will stay." I didn't change time frames or turn Empty4 on and off.

Bob
As I have written in post 1, the indi refreshes its history at a given interval. Refreshing in this context has the same effect as changing chart timeframe forth and back for HGI. You always see the actual state and not old signals that are no more valid. I had a version that kept all those old signals - it was confusing.
Author:  Sandovich [ Mon Oct 30, 2017 11:06 am ]
Post subject:  New HGI MTF history indicator

Is there an option where we can select our own time frames ie. 1min , 1Hr , 4Hr ,Daily ?
Author:  Barcode [ Mon Oct 30, 2017 11:08 am ]
Post subject:  New HGI MTF history indicator

tomele » Mon Oct 30, 2017 11:03 am wrote:
Barcode » 30 Oct 2017, 11:39 wrote:
Sorry I don't understand that Thomas. I've read the manual previously and just read it again. And I've read many posts here about it. On page 34 it says "c. However, if you don’t change the time frame or turn the Empty4 on and off the symbol will stay." I didn't change time frames or turn Empty4 on and off.

Bob
As I have written in post 1, the indi refreshes its history at a given interval. Refreshing in this context has the same effect as changing chart timeframe forth and back for HGI. You always see the actual state and not old signals that are no more valid. I had a version that kept all those old signals - it was confusing.
Ok I understand. And thanks Thomas for a fabulous job.

Bob
Author:  tomele [ Mon Oct 30, 2017 11:17 am ]
Post subject:  New HGI MTF history indicator

Sandovich » 30 Oct 2017, 12:06 wrote:Is there an option where we can select our own time frames ie. 1min , 1Hr , 4Hr ,Daily ?
No. You can manually set the lowest of the 4 timeframes, the others will then be the 3 next higher ones. But as stated in post 1, the indi will not display timeframes lower than the actual chart timeframe.
Author:  sesshoumaru [ Mon Oct 30, 2017 12:59 pm ]
Post subject:  New HGI MTF history indicator

tomele » Mon Oct 30, 2017 7:17 pm wrote:
Sandovich » 30 Oct 2017, 12:06 wrote:Is there an option where we can select our own time frames ie. 1min , 1Hr , 4Hr ,Daily ?
No. You can manually set the lowest of the 4 timeframes, the others will then be the 3 next higher ones. But as stated in post 1, the indi will not display timeframes lower than the actual chart timeframe.
Thanks!
well, is it possible to show timeframes lower than the actual chart timeframe?
If it's hard to code then please just ignore my request.
Thanks very much for your great indicator!
Cheers!
Happy Trading with many many green pips!
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