TREND-COMPASS SYSTEM-A very profitable system - Page 5

maestro_kirk · #41 (**permalink**) 01-28-2009, 05:28 AM

Quote:

Originally Posted by osaze

Its all conditions that must be met....but elders zone really doesn't matter much after entry...

How about Smooth Candle...candlestick body must be above smooth candle or more than 50 %. What is real function for smooth candle......

tradeit007 · #42 (**permalink**) 01-28-2009, 07:34 PM

Hello everyone,

looking at EldersSafeZone.mq4 I got puzzled by this:

...
double Pen=0;
int Counter=0;
if (EMA0 > EMA1)
{
for(int value1=0;value1<=LookBack; value1++)
{
if (Low[shift+value1] < Low[shift+value1+1])
{
Pen=Low[shift+value1+1] - Low[shift+value1] + Pen;
Counter=Counter + 1;
}
}
if (Counter!=0) SafeStop=Close[shift] - (StopFactor * (Pen/Counter));
else SafeStop=Close[shift] - (StopFactor * Pen); <---------

Looking at the last line, if Counter is 0, isn't Pen = 0 ?

Is the code correct ?

Thanks

p23ss · #43 (**permalink**) 01-30-2009, 10:52 AM

Osaze,
Your system is very sound when looking back.
But ElderSafeZone, SmoothCandle and Ehlers Fisher Transform, they all repaints while testing forward.
I observed it repaints at least the last 2 candles, the last and the current one.
How many candles to look back to confirm a switch of trend?
Thank you Osaze.
And keep up the great work.

kol8701 · #44 (**permalink**) 01-30-2009, 12:26 PM

Keep up the good work.
Strictly 9ja.

osaze · #45 (**permalink**) 02-03-2009, 12:04 PM

Quote:

Originally Posted by tradeit007

Hello everyone,

looking at EldersSafeZone.mq4 I got puzzled by this:

...
double Pen=0;
int Counter=0;
if (EMA0 > EMA1)
{
for(int value1=0;value1<=LookBack; value1++)
{
if (Low[shift+value1] < Low[shift+value1+1])
{
Pen=Low[shift+value1+1] - Low[shift+value1] + Pen;
Counter=Counter + 1;
}
}
if (Counter!=0) SafeStop=Close[shift] - (StopFactor * (Pen/Counter));
else SafeStop=Close[shift] - (StopFactor * Pen); <---------

Looking at the last line, if Counter is 0, isn't Pen = 0 ?

Is the code correct ?

Thanks

I really don't get the difference.....if you do pls correct it. tanxs

osaze · #46 (**permalink**) 02-03-2009, 12:08 PM

Quote:

Originally Posted by p23ss

Osaze,
Your system is very sound when looking back.
But ElderSafeZone, SmoothCandle and Ehlers Fisher Transform, they all repaints while testing forward.
I observed it repaints at least the last 2 candles, the last and the current one.
How many candles to look back to confirm a switch of trend?
Thank you Osaze.
And keep up the great work.

I haven't really noticed that they all repaint. I trade this system. Will use 1min timeframe to check your claim. I will also appreciate if you can post screenshots to illustrate what you are saying.

tanks for the observation

osaze · #47 (**permalink**) 02-04-2009, 02:56 PM

I really noticed people have a hard time making profits with this system because of two reason.

1. It doesn't follow the main trend
2. The Elders Safezone is too confusing.

Not to worry, my gmail group is researching and has found better ways of trading this system by removing Elders Safezone and at the same time following the main trend. I will soon get it across to you all. I am currently testing and making a pdf for that purpose.

The testing will soon commence.......

HAPPY TRADING

vladv · #48 (**permalink**) 02-04-2009, 03:44 PM

I can't wait to get the new update of this system.....

adewale001 · #49 (**permalink**) 02-05-2009, 05:27 PM

I dont know how to install Trend compass on my MT4. I have only the PDF file.......

kol8701 · #50 (**permalink**) 02-05-2009, 07:54 PM

do this step by step my computer- local disk c- program files- (name of ur platform)- experts- indicator then save the trend compass in there and open up ur mt4 platform.