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I do not understand to what indicator do you refer,in my first post I posted several images,but no indicator..if you mean the "change like the wind..my friend" that appears there,it is EXACTLY THE SAME AS MTF SATL(#MTF_xpMA-V2SATL) in a different format.I will post this variation in a few days,but this is just the same..check the pic,Do you like it?If you know the different TF trends you really can trade.
Regards,
SIMBA
Two quick request. Can you post the other variation of MTF_xpMA-v2SATL
and how do you use the williams% indicator?
1.I will check about template problem and return with a solution.
Have you installed the 3 previously posted indicators in experts/indicators?
If so,did you compile them?I attach an additional indicator just in case this is the problem.Please install in experts/indicators a nd compile.PLease inform about results.
2.MTF indicators do not repaint the past.The past begins once the 4h TF period ends,so,until the 4h period ends,you can have change in colours,etc,BUT ONCE IT ENDS,THE COlOUR IS FIXED.The reason of having 4h Mtf in 5M chart is not to "advance an entry/Exit" but to avoid switching from chart to chart,and having all the info in front of your eyes.Do not worry ,the system is consistent even if not perfect.
Regards,
SIMBA
Hi Simba,
Have installed the 3 indicators (SATL, xpMA_v2SATL & #MTF_xpMA_v2SATL)in experts/indicators and also have attached Simbabasic5m.tpl template...but i am not getting that cross road. Am i missing something?... Attaching the pic for your advise..
Guys: To attach Template go’s in Metatrader/templates
Start Metatrader and open a chart. Right click, select Template and select 'Simbabasic5m'template..
Simba..i've tried again and the same result with the template..i have an idea why dont you mention the indicators on your chart with the settings and we'll do it manualy specialy the 2 on the price itself caz the %R is already there..appreciate your help.
NEWT..i've already done that but it seems that there is another MTF line missing and also we need to know is it defult settings or we need to change it..that was my previous post question.
I have read several different posts with practically the same requests,so,,I will try to reply to all within this post
1-Download the template FIRST POST
2-Download and install the indicators included in FIRST POST
3-Please do not modify the settings
4 RULES FOR BASIC:
1-ENTRY:Buy BELOW -95%R IF TREND UP AND BLUE
Sell ABOVE -5%R IF TREND DOWN AND RED
2-EXITSYOU ARE NOT GOING TO LIKE IT)
STOP:NO STOPS..We enter based on indicators,not on price so,we exit only
when the trend indicator changes its colour and direction-complete 4h bar,until the 4h close,even if during the 5m tf it changes colours often-it does not happen very often but today has all the numbers(do not worry,in the advanced mode we will use a variation of the chandelier stops,also on MTF,that will limit our risk and keep us in the trade)
TAKE PROFIT:For the moment,30 pips..do not worry..will change.
Now,you must be astonished by my exit settings,remember,these are the basics,and I want you to PAPERTRADE THIS SETTINGS ON 5M TF,today Friday,news(CPI,TIC,CAPACITY UTILIZATION..)INCLUDED.AND,VERY PROBABLY,I am going to ask you to papertrade these settings ON 1M TF during next week,then,I want you to constantly post your bad and good(paper)trades,the defects you see and..more important,if you are(paper)profitable..creative discussion ,and more advanced indicators will follow-that hopefully will take care of the problems-will follow.
Now,I just checked the market,and it seems that the trend is still up,but it looks like topping..we will probably get either no signal or an entry(buy) signal ,if we get any,in the
1.9550/1.9600 area,(paper)take it,it will probably be a bad signal-not sure,if I were I will start shorting like crazy,but the trend is still up,.But the risk,as defined by the advanced is too high,no problem either you will experience what I want you to experience,if it happens,a change of trend..the worst possible settings for this system.or you will start making paper money and internalizing the system.
Check the attachments and please remember the rules and EXCLUSIVELY PAPERTRADE THIS SYSTEM..my target is having you trading live ,with confidence,the advanced settings in a few weeks..and to do so I want you to practice(simulated) from the basics up,believe me ,YOU NEED IT TO INTERNALIZE the system,its faults,and its advantages.
Set the alarms for WILLIAMS%R at-95 and -5,so that you can trade your ususal system while having this in the background,and,if the alarms sound,JUST FOLLOW THE RULES(papertrade my friends).
Check the attachments and Regards.
SIMBA
Last edited by SIMBA; 01-20-2007 at 11:58 AM.
Reason: UPDATED TEMPLATE AND INDICATORS IN FIRST POST
YOUR SECOND SCREENSHOT IS CORRECT,THE FIRST ONE IS MORE COMPLETE,AND IS THE BEGINNING OF THE ADVANCED PROGRESSION,JUST USE THE SECOND ONE-THE SIMPLER ONE,FOR THE MOMENT.BELIEVE ME,AT THIS STAGE THE SIMPLER THE BETTER,DO NOT ANYTHING ELSE,JUST 2 INDICATORS,PLEASE.
NEWT..i've already done that but it seems that there is another MTF line missing and also we need to know is it defult settings or we need to change it..that was my previous post question.
Cementman,
I presume that your question may have been answered in my previous posts,if not,please be so kind to specify what do you need..besides health,love and money
1-ENTRY:Buy BELOW -95%R IF TREND UP AND BLUE
Sell ABOVE -5%R IF TREND DOWN AND RED
THe -5% is the top , and -95% at the bottom.
By below -95% do you mean below that line ? If so I was looking at the past in the 1HR time frame , there was no time when the MTF_xpma_v2satl is blue and the line is below -95%
And same is the case for red line , the line in %R is never above -5% .
YOU ARE NOT GOING TO LIKE IT)
Linear Mode
