Hi.
Buffers 8,9,10,11 are used for intern calculations and not shown on the chart. The black that you see is simply the chart background (no buffer shown).
Cheers
Under the hood of HGI (was: New HGI MTF history indicator)
- tomele
- Administrator
- Posts: 1166
- Joined: Tue May 17, 2016 3:40 pm
- Location: Germany, Forest of Odes, Defending the Limes
Under the hood of HGI (was: New HGI MTF history indicator)
Happy pippin, Thomas
It ain't what you don't know that gets you into trouble.
It's what you know for sure that just ain't so. (Mark Twain)
Keep the coder going: Donate
It ain't what you don't know that gets you into trouble.
It's what you know for sure that just ain't so. (Mark Twain)
Keep the coder going: Donate
-
- Trader
- Posts: 46
- Joined: Sun Jan 11, 2015 4:59 pm
Under the hood of HGI (was: New HGI MTF history indicator)
Hi Tomele,
Been watching the (MTF HGI bars) indicator since you let us see it, and I have noted that even if you only follow the current and the next higher TF, when they are in sync there are pips to be made. It is best when the next higher TF leads and is followed by the current TF, and spectactular when all TF's are in sync.
Have just noted that it pays to be careful around the market opening times as although the indicator TF's are all in sync, the trade can reverse before a change occurs in the indicator. For example today with the Dow at 16.00 the 5,15,60 TF just became in sync, so as expected it dropped 15pips but then reversed and went up 60 pips in 20 mins until 16.40. (USA open at 16.30 in UK)
So although (MTF HGI bars) is a good indicator of direction it might be prudent to use additional indication such as a very fast Stochastic, I use a 8,5,5 with a linear weighted MA
Going to Demo trade it for a month and if that proves OK will then try it on my live account.
Regards
Oldfella
Been watching the (MTF HGI bars) indicator since you let us see it, and I have noted that even if you only follow the current and the next higher TF, when they are in sync there are pips to be made. It is best when the next higher TF leads and is followed by the current TF, and spectactular when all TF's are in sync.
Have just noted that it pays to be careful around the market opening times as although the indicator TF's are all in sync, the trade can reverse before a change occurs in the indicator. For example today with the Dow at 16.00 the 5,15,60 TF just became in sync, so as expected it dropped 15pips but then reversed and went up 60 pips in 20 mins until 16.40. (USA open at 16.30 in UK)
So although (MTF HGI bars) is a good indicator of direction it might be prudent to use additional indication such as a very fast Stochastic, I use a 8,5,5 with a linear weighted MA
Going to Demo trade it for a month and if that proves OK will then try it on my live account.
Regards
Oldfella
-
- Posts: 2
- Joined: Thu Feb 17, 2022 1:40 am
Under the hood of HGI (was: New HGI MTF history indicator)
This is aka fire
Thank you , I am new here. This is the final piece of puzzle for me
I am using HGI Blue wavy which is big arrow for direction
Only taking trades with momentum in direction of bcci small arrow
With bcci or HGI trend arrow and exit with range wavy or other side bcci
Saw this trade candle by candle worked out beautifully
I'll forward test this but if anyone wants to test with me or needs any help than no worries
since iam new i didn't want to attach bcci mq4 or my template yet without permission from moderators but happy to share and help if allowed and big thanks again for this awesome tool
Thank you , I am new here. This is the final piece of puzzle for me
I am using HGI Blue wavy which is big arrow for direction
Only taking trades with momentum in direction of bcci small arrow
With bcci or HGI trend arrow and exit with range wavy or other side bcci
Saw this trade candle by candle worked out beautifully
I'll forward test this but if anyone wants to test with me or needs any help than no worries
since iam new i didn't want to attach bcci mq4 or my template yet without permission from moderators but happy to share and help if allowed and big thanks again for this awesome tool
You do not have the required permissions to view the files attached to this post.
- SteveHopwood
- Owner
- Posts: 9754
- Joined: Tue Nov 15, 2011 8:43 am
- Location: Misterton - an insignificant village in England. Very pleasant to live in.
Under the hood of HGI (was: New HGI MTF history indicator)
Please go ahead and post both. We welcome thinkers at SHF.mooniemoo » Wed Feb 23, 2022 7:46 pm wrote: I'll forward test this but if anyone wants to test with me or needs any help than no worries
since iam new i didn't want to attach bcci mq4 or my template yet without permission from moderators but happy to share and help if allowed and big thanks again for this awesome tool
Read the effing manual, ok?
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. [email protected] is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. [email protected] is the account.
To see The Weekly Roundup of stuff you guys might have missed Click here
My special thanks to Thomas (tomele) for all the incredible work he does here.
-
- Posts: 2
- Joined: Thu Feb 17, 2022 1:40 am
Under the hood of HGI (was: New HGI MTF history indicator)
Cheers
My rules would be Entry only with HGI trend signal (green or red dot) or bcci arrow
Entry would be in direction of blue waavy (and also bcci arrow if entry taken with hgi trend signal)
Exit with yellow range waavy or opposite bcci signal
If day trading entry only after asian close till newyork london overlap and on 15 mins or 30 mins chart
4 hours for swing same rules
mtf hgi bars v1 i actually came across a russian forum where someone was asking for mtf feature to have an option for to be turned off that is how i found this forum and bcci indicator again found from another forum.
plan is to trade with momentum and take pips and run away in momentum hence rules, hope it makes sense or helps. HGI just makes it so easy for direction and momentum , terrific tool, thanks again.
My rules would be Entry only with HGI trend signal (green or red dot) or bcci arrow
Entry would be in direction of blue waavy (and also bcci arrow if entry taken with hgi trend signal)
Exit with yellow range waavy or opposite bcci signal
If day trading entry only after asian close till newyork london overlap and on 15 mins or 30 mins chart
4 hours for swing same rules
mtf hgi bars v1 i actually came across a russian forum where someone was asking for mtf feature to have an option for to be turned off that is how i found this forum and bcci indicator again found from another forum.
plan is to trade with momentum and take pips and run away in momentum hence rules, hope it makes sense or helps. HGI just makes it so easy for direction and momentum , terrific tool, thanks again.
You do not have the required permissions to view the files attached to this post.
- c1borg
- Trader
- Posts: 454
- Joined: Sun Aug 14, 2016 5:09 pm
Under the hood of HGI (was: New HGI MTF history indicator)
Looks interesting any chance when you have time to point out the various indicators on your example chart and what they do?
-
- Trader
- Posts: 69
- Joined: Mon Nov 27, 2017 8:29 am
Under the hood of HGI (was: New HGI MTF history indicator)
Whatever they do, that does not really matter. They look super-cool. :youknow:
- sangratan
- Trader
- Posts: 52
- Joined: Thu Feb 24, 2022 9:39 am
- Location: Pisa
Under the hood of HGI (was: New HGI MTF history indicator)
Hi,
after to have read all the thread I tryed to use MTF HGI Bars,
but when I attach it on the chart the journal writes that it has expired,
I have checked for libreries files and it seems all right ,in the allow DLL import box too.
I don't know what happens......
What I am doing wrong ? May be I loose some part of this tread or others where unfolds this problem ?
Sorry for this newbie question,I hope for some help ....
many thanks
after to have read all the thread I tryed to use MTF HGI Bars,
but when I attach it on the chart the journal writes that it has expired,
I have checked for libreries files and it seems all right ,in the allow DLL import box too.
I don't know what happens......
What I am doing wrong ? May be I loose some part of this tread or others where unfolds this problem ?
Sorry for this newbie question,I hope for some help ....
many thanks
- sangratan
- Trader
- Posts: 52
- Joined: Thu Feb 24, 2022 9:39 am
- Location: Pisa
Under the hood of HGI (was: New HGI MTF history indicator)
Solved.....thanks anyway and sorry ...