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MTF trend system
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=4177		 Page 1 of 2
Author:  michaeldz [ Wed Mar 18, 2015 9:40 pm ]
Post subject:  MTF trend system
Hello!
I'd like to thank to the whole community and share a MTF trend trading system from an experienced (11+ years), successful trader.

General rules:
Use pairs with ADR above 100 pips, eg. GBPAUD, EURNZD. Put "MTF" template on M1 chart and have a look.

Buy rules:
1. Heiken Ashi green (trend M15)
2. Hull MA green (trend M5)
3. Bottom indicators green (Donchian Channels and FreeScalp) OR/AND GenesisMatrix at least 3 white.
4. Enter near Hull MA. Recommended: after a pullback or when price crosses Hull MA.

Initial Stop Loss:
3 pips below last higher low (semaphore ball / zigzag) OR 3 x ATR(20).

Exit:
1. Hull MA changes color.
2. Price falls 3 pips below last higher low.
3. Take profit, break even or trailing stop (if You wish).

MTF indicators may repaint during their period. In real conditions it happens rarely - when the trend changes. That's why wnen Heiken Ashi changes color, it's better to wait for a pullback to make sure the trend has really changed.

Recommended trading time: 2h before London open to 1h after London close (however make your OWN choice).

Please give it a try. It works well in real-life trading. Any comments and suggestions are welcomed.

Best regards :-)
Author:  jhh [ Thu Mar 19, 2015 6:39 am ]
Post subject:  MTF trend system
Very clear set of systems, all kinds of trends are clear. It seems great.
Author:  The_Snowman [ Thu Mar 19, 2015 7:36 am ]
Post subject:  MTF trend system
Whoa, so many indicators there you never explained

This FXCM demo is bogged and won't respond and I'm only on the first pair

Maybe supply a bare, basic template for others

Take care guys
Author:  michaeldz [ Thu Mar 19, 2015 8:54 am ]
Post subject:  MTF trend system
Below is a bare template.
Description of indicators:
#4X 3 Semafor Alert - shows "balls" on top and bottom of zigzag
ZigZag_wLabel - zigzag
HullTAPEM1 - Can be removed. Calculates Hull MA for M1 timeframe. Hull M5 on the chart with period 5 (HMAPeriod) is more or less equal HullTAPEM1 with period 25.
TVI, GannHiLo-Histo, T3_2ColorHisto - used by GenesisMatrix 2.22

Additional indicators, not needed:
FXstreet_Calendar_v2.2 600+ - displays news from http://www.fxstreet.com/economic-calendar/
II_SupDem 600+ shows supply and demand zones
Market Sessions - displays open lines for sessions (Daily open, Sydney, Tokyo, Frankfurt, London, NY). You need to adjust gmtServerOffset for your broker or try to set AutoGMTOffset=true
PivotsAll - displays daily pivots. Below fixed version (without DLL call). You also need to adjust StartHour to NY close or try AutoGMTOffset=true.

One more tip: wait 15 minutes after a session open.
Author:  tienbanker [ Fri Mar 27, 2015 11:34 am ]
Post subject:  MTF trend system
In my chart some indicator not work. Like heishi, signal reader.
What is your target?
This system call MTF, so it is can apply for all tf right?
Author:  michaeldz [ Fri Mar 27, 2015 11:40 am ]
Post subject:  MTF trend system
To make Heiken Ashi and Hull moving average non-repainting, plese apply these settings:
- Heiken_Ashi MA T3 new[Alert] mtf
TimeFrame: M1
MaPeriod: 45

- Hull moving average 2.0 & sr lines
TimeFrame: M1
HMAPeriod: 25

Template below.
Regards :-)
Author:  michaeldz [ Fri Mar 27, 2015 12:53 pm ]
Post subject:  MTF trend system
Please compile "Heiken_Ashi MA T3 new[Alert] mtf.mq4" and make sure You have EX4 file.
I will fix SignalReader on the weekend.
The system can be used eg. on M30 chart. You should adjust Hull MA to next higher timeframe (H1) and Heiken Ashi to second higher TF (H4).
Author:  taipan [ Fri Mar 27, 2015 1:12 pm ]
Post subject:  MTF trend system
michaeldz ยป Fri Mar 27, 2015 7:40 pm wrote:To make Heiken Ashi and Hull moving average non-repainting, plese apply these settings:
- Heiken_Ashi MA T3 new[Alert] mtf
TimeFrame: M1
MaPeriod: 45

- Hull moving average 2.0 & sr lines
TimeFrame: M1
HMAPeriod: 25

Template below.
Regards :-)
Michael,

I have experienced the following errors using this templates, some indicator is missing.

see errors in expert tab:

Cannot open file .....\MQL4\indicators\Heiken_Ashi MA T3 new[Alert] mtf TAPE.ex4' [2]


Cannot open file......\MQL4\indicators\Hull moving average 2.01 & sr lines TAPE.ex4' [2]

Note: Only found ex4 files in the indicator folder: 1. Heiken_Ashi MA T3 new[Alert] mtf.ex4
2. Hull moving average 2.01 & sr lines.ex4
Author:  Akvisto [ Sat Apr 11, 2015 9:20 pm ]
Post subject:  MTF trend system
Hi Michael,

thank you for your inspiring system....
I had last week a similar idea and was searching MTF Indicators and so i stumbled over your thread...

Will follow....and make next week some test with it...

Have a nice sunday...

and all the best

Akvisto
Author:  qvintus [ Sat May 09, 2015 4:26 pm ]
Post subject:  MTF trend system
Any reports of results with this system? I know the Genesis Matrix is working good with stochs, but this looks interesting also.
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