SIBOS indicator

jlcgarcia · Post by **jlcgarcia** » Mon Apr 20, 2015 8:46 am

Most Forex traders lose all their money.
Using the indicator posted here in trading Forex does not guarantee success.
Trading this indicator could lead to serious financial loss.
Trading this indicator without understanding its underlying trading strategies guarantees traders will lose their money.
This is not a set-and-forget indicator; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This indicator requires frequent manual intervention.

Hi friends,

please do not take what I am talking about here very seriously, but who knows ?

From some time ago, when I was learning to code, I wanted to develop an indicator which was capable of telling me when to buy or sell. I did not want any arrows

, only two plain words: Buy or Sell in the chart. Also, the indicator had to be independent from the timeframe of the chart. At any timeframe, the indicator had to be coherent and only tell you one word: Buy or Sell :youknow: .

Well, things are not so easy (not only black or white) and I had to reprogram the indicator and let enter two words more: Trend Up and Trend Down, that were not so assuring as Buy or Sell.

Resuming, I have got an indicator codenamed SIBOS (Simple Indicator Buy Or Sell) that is independent of the timeframe, that can give you some signals about the trend, or some recommendations about buying or selling at the moment you attach the indicator to the chart.

I do not use this indicator live,because I am more fond of EAs.

SIBOS v6.ex4

I have said many times that the HGI indicator is magnific and I have used in many EAs, but I think that I need an indicator that detects accurately the cycles.

Based in these ideas comes the SIBOS Cycles indicator, that I am using in the EAs based in Ehler's cycles.

This indicator has not expiration and it is free. I like it. You can use it in any timeframe, but the result will be the same.

SIBOS Cycles.ex4

Regards

José Luis

cad0811 · Post by **cad0811** » Wed Apr 22, 2015 7:12 am

That's great, I tested for a few days, is in good results, next week I will continue to update.
Excuse me, this index expires, you will be updated?
Thank you very much!
Cheers!

jlcgarcia · Post by **jlcgarcia** » Wed Apr 22, 2015 7:44 am

cad0811 » Wed Apr 22, 2015 9:12 am wrote:That's great, I tested for a few days, is in good results, next week I will continue to update.
Excuse me, this index expires, you will be updated?
Thank you very much!
Cheers!

Hi cad0811,

yes, the index expires first of July, but if someone ask me in June for an update, I will update the index till end of year.

Please, tell us when you can how do you use the index in manual trade, because I have never traded with indexes.

Regards

José Luis

cad0811 · Post by **cad0811** » Wed Apr 22, 2015 7:52 am

jlcgarcia » Wed Apr 22, 2015 3:44 pm wrote:
Hi cad0811,

yes, the index expires first of July, but if someone ask me in June for an update, I will update the index till end of year.

Please, tell us when you can how do you use the index in manual trade, because I have never traded with indexes.

Regards

José Luis

I will continue to test 1 week time, thank you!

jlcgarcia · Post by **jlcgarcia** » Fri Apr 24, 2015 9:45 am

Hi,

I am posting a new version 2 of the SIBOS indicator in the first post.

I have optimized this indicator using it to enter manual trades and it seems to have gained accuracy.

Regards

José Luis

cad0811 · Post by **cad0811** » Fri Apr 24, 2015 12:37 pm

jlcgarcia » Fri Apr 24, 2015 5:45 pm wrote:Hi,

I am posting a new version 2 of the SIBOS indicator in the first post.

I have optimized this indicator using it to enter manual trades and it seems to have gained accuracy.

Regards

José Luis

If you can add alarms, will be better!
Thank you very much!

jlcgarcia · Post by **jlcgarcia** » Fri Apr 24, 2015 3:38 pm

cad0811 » Fri Apr 24, 2015 2:37 pm wrote:
If you can add alarms, will be better!
Thank you very much!

Hi cad0811,

in the first post I have uploaded the Sibos indicator with alarms.

Regards

José Luis

cad0811 · Post by **cad0811** » Fri Apr 24, 2015 4:12 pm

jlcgarcia » Fri Apr 24, 2015 11:38 pm wrote:
Hi cad0811,

in the first post I have uploaded the Sibos indicator with alarms.

Regards

José Luis

Hello, alarm is working.
But has been continuous alarm, don't stop, can repair?
Thank you very much!

jlcgarcia · Post by **jlcgarcia** » Sat Apr 25, 2015 10:52 am

cad0811 » Fri Apr 24, 2015 6:12 pm wrote:
Hello, alarm is working.
But has been continuous alarm, don't stop, can repair?
Thank you very much!

Hi,

updated SIBOS indicator with alarms is in post 1.

Regards

José Luis

Post by **hannele** » Tue May 05, 2015 11:36 pm

Will try this week

Thank you.
cheers
hannele