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View Poll Results: tell us what is your opinion about this methode
good, profitable 26 74.29%
good 5 14.29%
average 3 8.57%
not bad 0 0%
bad,not profitable 1 2.86%
Voters: 35. You may not vote on this poll

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  #2621 (permalink)  
Old 03-25-2008, 05:00 AM
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Quote:
Originally Posted by knwainwright View Post
Remember the name OnlyPivot is not an accurate description of the current strategy. It is the open price that is used, to get the signal for the other sessions you can rename the indicators change the colours then use the time shift to create eithe multiple signals on a single chart or on seperate charts. Also what presets are you using, I trade manually looking at other indicators and I find the system to be very good. I only go after 25pips however in a fast moving market I am able to get 60 to 100 pips. I am not afraid to give back to the market so I use a fixed stop and then a trailing stop locking in my 25pips, then off to bed. Not greedy.
Knwainwright,

Yes, I am aware of the discrepancy between the various approaches, and yes you can use shift and produce manual/multiple signals. However, I like to verify strategy consistency and EA is a great tool to do it.

The EA has correct default (pre-)sets for IBFX and Alpari UK. I have not tried it with other borokers.

25 is a great target! Home-runs are very difficult to achieve, unless someone has deep-deep pockets.

Cheers, Kris
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  #2622 (permalink)  
Old 03-25-2008, 05:13 AM
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Help?

Quote:
Originally Posted by Tokarus View Post
Knwainwright,

Yes, I am aware of the discrepancy between the various approaches, and yes you can use shift and produce manual/multiple signals. However, I like to verify strategy consistency and EA is a great tool to do it.

The EA has correct default (pre-)sets for IBFX and Alpari UK. I have not tried it with other borokers.

25 is a great target! Home-runs are very difficult to achieve, unless someone has deep-deep pockets.

Cheers, Kris
Hi,

Care to help a newbie? I'm looking for thus ea. The link doesnot seem to have the correct one; won't attach to my chart. Mind posting? Thanks
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  #2623 (permalink)  
Old 03-25-2008, 09:08 AM
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Quote:
Originally Posted by luvForex View Post
Hi,

Care to help a newbie? I'm looking for thus ea. The link doesnot seem to have the correct one; won't attach to my chart. Mind posting? Thanks
Sure, here is the EA. Please note that it works only on H1 timeframe.
Attached Files
File Type: mq4 OnlyPivot_Session_v1.mq4 (17.8 KB, 79 views)
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  #2624 (permalink)  
Old 03-25-2008, 10:28 AM
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A million Thanks

Quote:
Originally Posted by Tokarus View Post
Sure, here is the EA. Please note that it works only on H1 timeframe.
Hey Tokarus!

Can't say thank you enough for posting the ea. But is this different from the one posted on the 28th of February by David Willis? That one was called v1.9, but this one is just v1. Any difference? And one more thing; i use NorthFinance which opens at 22.00 GMT. This means the ea may trigger much earlier on my plattform than on a plattform which opens at 0.00GMT. Is there a way to make the ea take the 02.00 candle on my plattform as the opening candle? this would make it behave in the same way as it would on a platform using the 0.00GMT, right?

Please advice on this. Thanks once again.
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  #2625 (permalink)  
Old 03-25-2008, 12:42 PM
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Quote:
Originally Posted by luvForex View Post
Hey Tokarus!

Can't say thank you enough for posting the ea. But is this different from the one posted on the 28th of February by David Willis? That one was called v1.9, but this one is just v1. Any difference? And one more thing; i use NorthFinance which opens at 22.00 GMT. This means the ea may trigger much earlier on my plattform than on a plattform which opens at 0.00GMT. Is there a way to make the ea take the 02.00 candle on my plattform as the opening candle? this would make it behave in the same way as it would on a platform using the 0.00GMT, right?

Please advice on this. Thanks once again.
Howzit luvForex,

I understand tht the v1.9 is based on a Daily Pivot. Our new set is based on Session Pivot (there are 3 major sessions within 24-hr trading day: Asian, European and American).

Please note that this EA references corresponding indicator called OnlyPivot_Session (attached file should be copied th the \indicators\ folder). The indicator and the EA have set of parameters defining market opening hours (TYO_open, LON_open, NYC_open). Adjust these parameters to get the pivots aligned to the correct market. Defaults are set to GMT time-zone.
Attached Files
File Type: mq4 OnlyPivot_Session.mq4 (4.2 KB, 71 views)

Last edited by Tokarus; 03-25-2008 at 12:44 PM. Reason: add indicator
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  #2626 (permalink)  
Old 03-25-2008, 12:52 PM
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Thumbs up You're Too Kind

Quote:
Originally Posted by Tokarus View Post
Howzit luvForex,

I understand tht the v1.9 is based on a Daily Pivot. Our new set is based on Session Pivot (there are 3 major sessions within 24-hr trading day: Asian, European and American).

Please note that this EA references corresponding indicator called OnlyPivot_Session (attached file should be copied th the \indicators\ folder). The indicator and the EA have set of parameters defining market opening hours (TYO_open, LON_open, NYC_open). Adjust these parameters to get the pivots aligned to the correct market. Defaults are set to GMT time-zone.
You have entered my books as a very helpful friend with enough patience to educate and assist. I remain thankful
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  #2627 (permalink)  
Old 03-25-2008, 02:31 PM
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A new challenge

Quote:
Originally Posted by luvForex View Post
You have entered my books as a very helpful friend with enough patience to educate and assist. I remain thankful
Hi Tokarus,

I tried manipulating the settings as it appears under "inputs" before attaching Chart. I added +2 to the default settings. I suppose that is the right way to it? Well i thought so,but the previousdayandfloating pivot which came with the original template did not adjust to this setting. Then again, when a cross of 2smma occurred at the 12.00 gmt candle, in what was supposed to be a sell signal, the ea instead took a buy position.

What could have gone wrong? Please help.
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  #2628 (permalink)  
Old 03-26-2008, 01:10 AM
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We have a sell signal and I am short @ 200.21.

TimeFreedom
Attached Images
File Type: gif gbpjpy_theonlypivot_03-26-08_01.gif (17.6 KB, 366 views)
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  #2629 (permalink)  
Old 03-26-2008, 01:42 AM
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Smile

Quote:
Originally Posted by TimeFreedom View Post
We have a sell signal and I am short @ 200.21.

TimeFreedom
Hi, TF
can you please tell me what is that dotted line on your chart.
thx
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  #2630 (permalink)  
Old 03-26-2008, 12:05 PM
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The dotted line is a SMA, 10 period, shift 2, Apply to: Weighted Close (HLCC/4), which I have been testing for exits. Like all indicators they are good when the market is trending but not so good in ranging markets.

TimeFreedom

Quote:
Originally Posted by teldon View Post
Hi, TF
can you please tell me what is that dotted line on your chart.
thx
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