Entry at close,stop above previous high/below previous low,target customizable...

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	hurst2.gif (67.5 KB, 558 views)

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Somos mortales hasta el primer beso..y la segunda copa de vino

Thank you very much Simba!

What are the two curves on the price chart? Are they digital filters or the moving averages of Hurst?

Displaced smas..Hurst method was to use them ,plus trendline crossing(I don`t know if he explained it in his book,but he explained it in his course)...I personally require a close above/below the trendline to trigger an entry.

Problem with displaced smas is that they are always half cycle length back..so you have to estimate the crossing...stlm2 is low delay,or low lag,so you can use it with trendlines easily..see a more recent example...of the same gj monthly chart..10 years difference and still works.

EDIT:Forgot to add..1-you need at least 2 consecutive red or blue stlm2 bars in your direction,first bar is dangerous..and 2-if you trade lower tfs,h1 or below use previous swingh high or swing low as SL...if you trade higher ones ..use either a close back above/below trendline(in your entry tf)..or a breakout/breakdown of the bar that closed the trendline and triggered the entry...

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hurst3.gif (60.1 KB, 549 views)

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Somos mortales hasta el primer beso..y la segunda copa de vino

Hi Simba,

Thank you very much for your help. That's a great idea to add trend line break for entry. My problem with Hurst technic is when the prices a going in one direction for a long time and it is hard to know where the MAs are crossing each other.

I'll try to use it again :-):-):-)

In this case, open the Data window and follow each value.

Hope that helps.

FerruFx

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FYI:

Some Hurst indicators on this post: http://www.forex-tsd.com/235097-post619.html

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I'm quite new to this thread and using of digital filters generator program and I have a basic question, hopefully somebody can help me.

I installed Digital filters generator program from downaload section, then i exported .csv data from metatrader. Opening this file by digital generator program is not a problem but when I try to open by spectrum analyzer it fails
complaining about wrong format. Any idea how to overcome this ??

Krzysztof

I recommend everybody to use HST data directly from MT4.

hstdata.JPG

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