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Hello nittany1
Thank you very much for ur STRONG indicator...i realy love it a lot..
well,may i ask u about the text that you add?
Let me tell u what i understood if it wrong PLEASE CORRECT it I WANT TO MAKE SURE):
1-Green "increase" text +Green "ADX NUMBERS" ... that means MORE UP IN THE "UP" direction..
2-Red "decrease" text + Red "ADX NUMBERS" ...that means MORE DOWN IN THE "DOWN" direction..
3-Grean "increase" text + Red "ADX NUMBERS"...that means the "DOWN" trend is FADING and going WEAKER ..
4-Red "decrease" text + Green "ADX NUMBERS" ...that means the "UP" trend is FADING and going WEAKER..
AM I RIGHT?
why do not you make it that way: (JUST IDEA)
1-Green "increase" text +Green "ADX NUMBERS" ... that means MORE UP IN THE "UP" direction..AND YOU MAKE NOTE "STRONG UP TREND" +THE RATE %..(e.i "STRONG 80%"..)
2-Red "decrease" text + Red "ADX NUMBERS" ...that means MORE DOWN IN THE "DOWN" direction..AND YOU MAKE NOTE "STRONG DOWN TREND" +THE RATE %..(e.i "STRONG DOWN 80%"..)
3-Grean "increase" text + Red "ADX NUMBERS"...that means the "DOWN" trend is FADING and going WEAKER ..AND YOU MAKE NOTE "WEAK DOWN TREND" +THE RATE %..(e.i "WEAK DOWN 55%"..)
4-Red "decrease" text + Green "ADX NUMBERS" ...that means the "UP" trend is FADING and going WEAKER..AND YOU MAKE NOTE "WEAK UP TREND" +THE RATE %..(e.i "WEAK UP 55%"..)
5-TO HAVE FINAL ANALISIS (e.i "WEAK DOWN..%,WEAK UP ..%,STRONG DOWN..%,STRONG UP...%.....etc)
IT JUST AN IDEA TO MAKE IT VERY EASY TO RECOGNIZE THE SITUATION OF THE ADX DIRECTION AND TO KNOW EVEN THE RATIO TO BE EASY TO DETERMINED EITHER WE STILL CAN RIDE THE TREND OR WE JUST FORGET ABOUT IT...
nittany1 , IN THE NEW VERSION I MISS THE H4 AND D1 !!
Please,if you have time consider this idea it maybe make much easier..
BUT YOUR INDICATOR IS ALREADY VERY VERY PERFECT PIECE OF WORK...
KEEP IT UP
I'm going to add back the 4 hour this week, I miss it too. After that I'm going to make the whole thing user adjustable so people can set their own timeframes. I'm still working out in my head how I want to do that because of displaying the right timeframes correctly with spacing and text. As far as the percentages stuff, that's a good idea too. I'll work on that also to see if I can get that going.
well, i'm not sure, Ahmed, we need so much numbers to digest (sure we can put couple of pages
porpouse of tor - tranding or ranging ; idea is - to make it compact and simple at a glance - it open you room 4 tools you normally working with
look at chart and see how much what info you really want and actually need
p.s. just in case - ("all adx" indicator - in mtf thread)
hi fxbs
I am too need the numbers to be visual ..but the idea is:to add estmation of those numbers + final estimation of the ADX as total analisis which can give the whole pictur beside zooming in each timeframe..I thought that it will be much easier if we have ratio and estimatyion of those ratios strong weak nutral ..5% 20% 40 % 60% 80% 90% ..or whatever the coder can apply in it.....(JUST WAS IDEA)..(I DID NOT MEAN TO MAKE THINGS HARDER ..JUST FOR EASIER ANAISIS NEEDS)..
By the way,i still can not get those timeframes (H4,D1) on my chart!!??are they NOT included already??
I'm going to add back the 4 hour this week, I miss it too. After that I'm going to make the whole thing user adjustable so people can set their own timeframes. I'm still working out in my head how I want to do that because of displaying the right timeframes correctly with spacing and text. As far as the percentages stuff, that's a good idea too. I'll work on that also to see if I can get that going.
- nittany1
Thank you nittany1 for ur kind reply and ur interest to apply this idea to ur GREAT STAT OF ART INDICATOR...(i realy realy like it and i wish i could have most of the indicators same way like yours and CJA ..you guys are perfect..)
Yah man,i miss my lovers..i miss the H4 and D1 time frames
i wish that i could give hand ..BUT NO BRAIN..OH YEAHHH
THANK YOU IN ADVANCE
You made a great indicator. This is only my idea..If possible you could combine with cross MA. From the cross MA; you calculate the percentage of ADX rising. If the percentage is rising then there may be a strong tren.
Thanks! Heh. I hope everyone makes good use of it! Best of luck everyone.
Dear nittany1,
I've seen some good things happen on this thread.
I trade on small time frames like 5M & 15M.
I have a good logic (Automated) that makes upto 500 Pips in less than 12 hours - BUT only when market MOVES and has ENERGY - Either ways with minimal drawdown (But loose 50 to 100 percent of that in the next 12 hours).
The issue is the sudden Spikes & Bursts that trigger false trends - which is when I really end up in a mess. The problem I face is the WRONG signal (Basically because of spike/s) and the whole approach is misguided.
I am looking for an indicator that can help me avoid Sudden/False Trends.
Missing good trends is fine and that happens many times with the best of the traders - But taking an opposite trend is what is what makes my heart bleed.
Any Indicator that you have or any advise will help me greately. Please PM me if you need any additional Information.
Thanks
Humble
(Humbled by the Shocks/Surprises of the Forex Market)
Last edited by humble_trader; 01-25-2008 at 02:07 PM.
I am curious as to the reason your indicator is showing the D1 ADX as DOWN when the current value is above the previous value.
Thanks.
Here is a screenshot of the USDJPY Daily. DI- is way on top of DI+ and ADX itself peaked at ~61 and is after that down around ~55. For ToR when DI- is higher than DI+ it shows the text in red. The arrow signifies how strong that trend is and get's is direction of trend from DI- and DI+.
I changed ToR around quite a bit, at least from a coding standpoint. The text now says "stronger" or "weaker" depending what ADX is doing on that timeframe, I added back the 4 hour due to popularity and added "ranging" to let you know when that is happening. The colors and fonts are changed around a bit to make it more readable.
Hi, here is an indicator or two that might help you. I assume you are taking about Pip Maker for the EA you are using. If so, could you share your settings for this kind of profit in the thread. I am looking at anti-Martingale EA.
Regards,
Rydnek
[quote=humble_trader;180998]Dear nittany1,
I've seen some good things happen on this thread.
I trade on small time frames like 5M & 15M.
I have a good logic (Automated) that makes upto 500 Pips in less than 12 hours - BUT only when market MOVES and has ENERGY - Either ways with minimal drawdown (But loose 50 to 100 percent of that in the next 12 hours).
The issue is the sudden Spikes & Bursts that trigger false trends - which is when I really end up in a mess. The problem I face is the WRONG signal (Basically because of spike/s) and the whole approach is misguided.
I am looking for an indicator that can help me avoid Sudden/False Trends.
I WANT TO MAKE SURE):
