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Hi there, i downloaded the recent file you posted above, it says that I'm missing some customs trends.. umm.. I missed it alright but there's a few posted in this thread, could someone point me to the right Indicators to download to go well with this AE?
Thanks!!!
Also, which Test Model should I use to test it out?
Mucho Gracias!
Download the above ASCTrend.mq4 and put it in your experts/indicator folder..
Try forwardtesting.. best results it got on 4h and daily timeframe
I think the key to make this ea profitable (very profitable) is to forgot about sl an tp... it only should open positions when asc shows up or down.
Hello again Marphe
Did u reach the point( it only should open positions when asc shows up or down) ? and if we can change ASCT to BT2sig with trailing stop BT2stop
i think we will get ver good good results in H4TF?
Can u send the ASCT EA use the Dallas modification?
differences between your evaluation and actual LabtrendX indicators?
Quote:
Originally Posted by igorad
Hi,
I want to represent light version of ASCTrend.
I named it LabTrend.
Igor
Hi Igor,
is it me who sees some light differences between (ASCTrend) indicator descriptions in your posted evaluation and the actual implementation of the LabTrendX formulae?
i.e:
in the evaluation about ASCTrend1 Initial Stop you consider the SMA of a 10-period price range (as below)
for long position:
- (Initial)BuyStop1 = Low - 0,5 * SMA(Range, 10)
for short position:
- (Initial)SellStop1 = High + 0,5 * SMA(Range, 10)
while in the actual formula it seems as you've coded it using a ATR(10) ...(actual Mov(ATR(1), 10, S) in MSK lang)
" ASCtrend also has another feature---it looks back in the period in question.
If there are any of two events: either a gap bigger than twice the average per-bar hi-low range, or a 3-bar trend bigger than 4.6 (again, hardcoded) times the average high-lo range, then the distance back in time that the final signal is evaluated (e.g. WilliamsPower length) is decreased to 3 or 4 bars instead of the usual 9 (hard coded). The idea is that if there is a gap or a sharp trend then you should be ready to turn around more quickly than otherwise. "
ps2: if someone using MetaStock skilled enough to collaborate in coding this system (I'm thinking to make an Expert Advisor and a System Tester later if possible) would like to... can contact me.
Hello again Marphe
Did u reach the point( it only should open positions when asc shows up or down) ? and if we can change ASCT to BT2sig with trailing stop BT2stop
i think we will get ver good good results in H4TF?
Can u send the ASCT EA use the Dallas modification?
Hi Yass!
The above Asctrend Indicator is the modification from Dallas.
Can you send me BT2sig i will have a look on it... i´m not satisfied with the indicator yet..