Originally Posted by dblais

Newdigital:
Ref Post #106

I coded an Indicator according to your specifications:

if we have a BrainTrend1Sig BUY signal on H1 chart (eg. 08:00) then,
we must also have a blue bar at 08:00, 08:15, 08:30 and 08:45 on the M15 chart.

The crude original version is attached.

What is interesting is that I used a square to show exactly the entry and the exit point (which is at the opening of a bar). This way, you can see visualy if you're having a profit or a loss, compared to BrainTrend signals showing dots way over and under the real entry and exit prices, giving you the false impressions of always being in profit.

So far, after visually inspecting the differents instruments, not good entry points are shown... Most of the entry points given by the indicator are turning into a loss a few bar later...

I think that I'm losing faith in BrainTrend indicators...

Daniel

Originally Posted by newdigital

Not like this.

If we have BrainTrend1Sig BUY signal ((eg. 08:00), and BrainTrend2sig Buy signal on the same close bar on H1 chart we must look on M15 chart. And we must not have any red color from all 7 Braintrading indicators (on M15) at 08:00, 08:15, 08:30 and 08:45 on the M15 chart.

If we have sell signals from BrainTrend1Sig indicator and sell signal from BrainTrend2sig indicator on the same close bar on H1 timeframe, we must look on M15 chart and we must not have any blue color from all 7 Braintrading indicators (on M15) at 08:00, 08:15, 08:30 and 08:45 on the M15 chart.

Sometimes I am doing confirmation not during the 4 bars on M15 (at 08:00, 08:15, 08:30 and 08:45). Sometimes I am doing confirmation during the 3 bars: at 08:15, 08:30 and 08:45.

And what is about 09:00? We will open order at nine. Because at 09:00 the 8th hour bar is closed (with signal from BT1sig and BT2sig) and new bar is opened and we enter.

The time (08:00 and so on) is an example only.

Originally Posted by jpsdyb

Just to clarify, your stochastics setting is %K period 14, Slowing 5, %D period is 5, and is that MA method - "simple", and Price field "Low/High"?