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Lots of good work going on in this thread! I am new to the Ergodic indicator and have tried most of the posted indicators with mixed success. The best seems to me to be the BH-Ergodic. Some of the other indicators just crash MT4 as they take waaaaaaaaaay too long to crunch the data. I am also using the FX_Sniper's_LSMA which works very well. The main problem is that all the indicators still seem to lag price.
I am looking for a nice entry trigger indicator on price such as the arrows as shown by FX_Sniper's signals. However, these only take into account the crossing of the MA's and miss some of the best signals. Anyone got a better indicator with arrows or dots on the price panel that take into account extremes of the indicator with the signal line inside the ergodic line? I think that might produce a better entry signal.
FX_Sniper's alert also confuses me as it always ends with i=0. Does this mean anything and if not any suggestions on recoding to make it into something intelligible to mere traders.
Thanks a lot for all your input and hard work folks. I am still trtying to evolve a system out of all of this and I think it has great promise if we can tweak the indicators and get better entry signals. Look forward to hearing your thoughts.
...Anyone got a better indicator with arrows or dots on the price panel that take into account extremes of the indicator with the signal line inside the ergodic line?
FX_Sniper's alert also confuses me as it always ends with i=0. Does this mean anything and if not any suggestions on recoding to make it into something intelligible to mere traders.
looks like Increase left i=0; from testing option i=o, i=1 (arert - cross on open bar (current, as warning); cross on closed bar(previouse) - confirmed cross
if (MainCCI[i] > ErgoCCI[i]){
{signal = "SHORT";...
Alert("Sniper going Short on ",Symbol()," i= ",i);
we should ask Increase to put it again (i0, i1); and/or add price - 2 be more informative (he's a good guy, and he has like 20 different versions)
what is "extremes of the indicator with the signal line inside the ergodic line"?
what is "extremes of the indicator with the signal line inside the ergodic line"?
Thanks for the reply fxbs.
This is an adaptation of a concept stolen from November 2003 Trading Tips Newsletter. Scroll down until you get to "Qualify CCI with Ergodic". It appears to me that when the solid blue line (ergodic) is at an extreme high or low AND the signal line is between it and the midpoint that the trigger to enter a position is much more valid than just a simple cross of the two lines. This seems to filter many false entries. This is just a "visual" observation and needs testing.
This is an adaptation of a concept stolen from November 2003 Trading Tips Newsletter. Scroll down until you get to "Qualify CCI with Ergodic". It appears to me that when the solid blue line (ergodic) is at an extreme high or low AND the signal line is between it and the midpoint that the trigger to enter a position is much more valid than just a simple cross of the two lines. This seems to filter many false entries. This is just a "visual" observation and needs testing.
TSI = NUM / DEN
where
NUM = MA(MA(Mom, Exp, Long, m), Exp, n)
DEN = MA(MA(AbsMom, Exp, Long, m), Exp, n)
Mom = PRICE - PRICE.1
AbsMom = ABS(PRICE - PRICE.1)
m = Long Term
n = Short Term
Hi fellow traders,
I need someone to please provide me with this following 3 in1 indicators
First (3 in1)
ErgodicMa.mq4(4.0KB)
FXSniper'sMA.mq4
Fx_sniper_Ergodic_cci_tigger.mq4(3.5KB)
Second (3 in 1)
mtt-ErgodicMACD.mq4
MACDsmooth.mq4
Fx_sniper_Ergodic_cci_tigger.mq4
The one i download at #46 by Banzai is just two out of all but i hope that these indicators work together.
kindly help me out. Thanks a million in advance (Guyz)
"IF YOU GIVE A MAN A FISH - HE WILL HAVE A SINGLE MEAL. IF YOU TEACH HIM HOW TO FISH - HE WILL EAT ALL HIS LIFE"
"IF YOU GIVE A MAN A FISH - HE WILL HAVE A SINGLE MEAL. IF YOU TEACH HIM HOW TO FISH - HE WILL EAT ALL HIS LIFE"
I like your sig, but did you hear the other one, if you give a man a fish you feed him for a day, but if you teach a man to fish, you lose him at the weekends
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Increase, nice proverb i got you right but remember that the man's future will always remember you and also pray for you. You know that the man has to put what you taught him into practice not only by the weekend but all days of his life. Also, if you teach a man how to fish, that means you feed a nation.
I've visited your site (fx forexfreeprofit) i thought it's too heavy and colourful so my connection can't open it fully. (Increase) if you still wants to help me kindly post it on this site (TSD).Thanks
I still need you guyz help.
"IF YOU GIVE A MAN A FISH - HE WILL HAVE A SINGLE MEAL. IF YOU TEACH HIM HOW TO FISH - HE WILL EAT ALL HIS LIFE"