HGIMatrix

The title says it all
Post Reply
User avatar
renexxxx
Trader
Posts: 860
Joined: Sat Dec 31, 2011 3:48 am

HGIMatrix

Post by renexxxx »

forexdave1 » Mon Feb 23, 2015 5:21 pm wrote:Hello I am using HGI 16.04 with usehurstfilter set to true.

I am using HGI matrix V30L, with showhurst=true, showonlyhurst=true and alertonlyhurst=true.

On the matrix page, I will get a trend change large arrow but when I go to my chart with HGI16.04 loaded, I only see the trend change arrow when usehurstfilter is set to false.

Why is the matrix reporting a usehurstfilter=false trend change condition when I turned on the three matrix options listed above.
Thoughts?

Thanks so much!
I can only answer this as far as HGIMatrix is concerned.

Note that HGIMatrix V30L gets its wavy and arrow signals from hgi_lib, and it calculates the Hurst condition internally. The showhurst = true parameter means that the cell in HGIMatrix is colored green, if the hurst condition agrees with the signal that comes from hgi_lib. (So, Hurst says UP and there is a RAD UP, RANGE UP or TREND UP signal, or Hurst says DOWN and there is a RAD DOWN, RANGE DOWN or TREND DOWN signal).

ShowOnlyHurst=true means that you only want to see green cells (i.e. don't display cells for symbols and timeframes where Hurst does not agree with the hgi_lib signals).

AlertOnlyHurst=true, means that you want to be alerted if there is a new signal, and the new signal agrees with the Hurst condition. You must have set ShowHurst=true as well, otherwise, HGIMatrix does not bother to calculate the Hurst condition.

I don't know what you mean with a 'usehurstfilter=false trend change condition'. This is a terminology that is alien to me, but it may relate to the HGI 16.04 indicator. So, may be Tommaso can comment on that.

Hope this helps ...
forexdave1
Posts: 6
Joined: Sun Feb 22, 2015 12:37 am
Location: California

HGIMatrix

Post by forexdave1 »

Thanks for the response!
To summarize:
I am showing a green cell in the matrix (hurst agreement) with large trend change arrow. I then pull up the corresponding chart with HGI 16.04 where I set the parameter, usehurstfilter=true, and I do not see the large trend change arrow.
Conflicting results for some reason??
:?
renexxxx » Sun Feb 22, 2015 11:37 pm wrote:
I can only answer this as far as HGIMatrix is concerned.

Note that HGIMatrix V30L gets its wavy and arrow signals from hgi_lib, and it calculates the Hurst condition internally. The showhurst = true parameter means that the cell in HGIMatrix is colored green, if the hurst condition agrees with the signal that comes from hgi_lib. (So, Hurst says UP and there is a RAD UP, RANGE UP or TREND UP signal, or Hurst says DOWN and there is a RAD DOWN, RANGE DOWN or TREND DOWN signal).

ShowOnlyHurst=true means that you only want to see green cells (i.e. don't display cells for symbols and timeframes where Hurst does not agree with the hgi_lib signals).

AlertOnlyHurst=true, means that you want to be alerted if there is a new signal, and the new signal agrees with the Hurst condition. You must have set ShowHurst=true as well, otherwise, HGIMatrix does not bother to calculate the Hurst condition.

I don't know what you mean with a 'usehurstfilter=false trend change condition'. This is a terminology that is alien to me, but it may relate to the HGI 16.04 indicator. So, may be Tommaso can comment on that.

Hope this helps ...
User avatar
Mike
Trader
Posts: 272
Joined: Sun Dec 11, 2011 12:30 pm
Location: Italy

HGIMatrix

Post by Mike »

Hi renexxxx
A wonderful tool.
I am not sure, my request makes sense to you, but it would help me a lot. I imagine an optional ADR-Filter (or ATR-Filter) (TF and parameters to be chosen by the user) to be shown within the symbol-cell, beneath the currency-pair name.
showADR=true: all pairs would show their (TF)ADR below their name
showADR=false: the Matrix shows as it does now
showonlyADR=107: The Matrix would filter out all pairs with ADR < 107 and not show them. (107 is just any of all possible values and has to be defined by the user.)
If this is a lot of work or does not correspond to your concept, just trash the proposal.
Thanks again Mike
Image
Image
forexdave1
Posts: 6
Joined: Sun Feb 22, 2015 12:37 am
Location: California

HGIMatrix

Post by forexdave1 »

What are the recommended best practice parameter settings for the matrix?

default?
User avatar
renexxxx
Trader
Posts: 860
Joined: Sat Dec 31, 2011 3:48 am

HGIMatrix

Post by renexxxx »

Mike » Mon Feb 23, 2015 8:16 pm wrote:Hi renexxxx
A wonderful tool.
I am not sure, my request makes sense to you, but it would help me a lot. I imagine an optional ADR-Filter (or ATR-Filter) (TF and parameters to be chosen by the user) to be shown within the symbol-cell, beneath the currency-pair name.
showADR=true: all pairs would show their (TF)ADR below their name
showADR=false: the Matrix shows as it does now
showonlyADR=107: The Matrix would filter out all pairs with ADR < 107 and not show them. (107 is just any of all possible values and has to be defined by the user.)
If this is a lot of work or does not correspond to your concept, just trash the proposal.
Thanks again Mike
Hi Mike,

This can easily be added. You have to be mindful of the fact that there is simply not enough screen space to display any technical indicator that has been invented. If tomorrow someone asks: Can you add the value for stochastic, rsi or xxx indicator, I will probably decline. ADR is slightly different as it is relatively constant for a pair, but you get my point.

In addition to the ShowADR, ShowOnlyADR and ADRThreshold parameters, we would need the ADRPeriod and ADRTimeframe parameters.
User avatar
Mike
Trader
Posts: 272
Joined: Sun Dec 11, 2011 12:30 pm
Location: Italy

HGIMatrix

Post by Mike »

renexxxx » Tue Feb 24, 2015 12:15 pm wrote:
Mike » Mon Feb 23, 2015 8:16 pm wrote:Hi renexxxx
... I imagine an optional ADR-Filter (or ATR-Filter)... Mike
Hi Mike ... there is simply not enough screen space to display any technical indicator that has been invented ...
renexxxx yea, I get the point. My request roots in Steve's HGB EA options to use ATR and BoHGB's and gringoh's options to use ADR for SL and TP. To set reasonable values based on "Volatility" for each currency pair is rather cumbersome ;-)
Your Matrix is just fabulous as it is! Best Mike
:clap: :clap: :clap:
Image
Image
User avatar
Matinvesty
Trader
Posts: 28
Joined: Fri Feb 20, 2015 11:07 pm

HGIMatrix

Post by Matinvesty »

Your Matrix is just fabulous as it is! Best Mike
:clap: :clap: :clap:
The man behind is brilliant, thank you for the tool!


I have a small request: we can now directly open the charts by clicking on the arrows, but what about the waves ? It would be great to allow it. (if possible).

:good:
User avatar
josch
Trader
Posts: 72
Joined: Tue Dec 06, 2011 4:55 pm

HGIMatrix

Post by josch »

Where is the difference opening the chart by clicking on arrow or wave?
The Matrix always has the ability to open a specific pair.
Don't understand this, or missing anything?

josch
... trading is war - life is simple ...
Daily EUR/USD Range https://twitter.com/traderjjs
User avatar
Matinvesty
Trader
Posts: 28
Joined: Fri Feb 20, 2015 11:07 pm

HGIMatrix

Post by Matinvesty »

josch » Wed Feb 25, 2015 11:05 am wrote:Where is the difference opening the chart by clicking on arrow or wave?
The Matrix always has the ability to open a specific pair.
Don't understand this, or missing anything?

josch
clicking on a wave doesn't open a chart, sometimes, there is only wave in the cell. So we are not able to open a chart from there. Yeah I know it sounds lazy, but if it can be fixed, that's a nice fix.
User avatar
josch
Trader
Posts: 72
Joined: Tue Dec 06, 2011 4:55 pm

HGIMatrix

Post by josch »

Ah ok, I see.
Wasn't remembering, sometimes there are pairs without an arrow.

Cheers
josch
... trading is war - life is simple ...
Daily EUR/USD Range https://twitter.com/traderjjs
Post Reply

Return to “Indicators and matrixes”