Well, we're all in one as a Trader, Live in PEACE

"KERIS" is an exotic knife from central Java, Indonesia , so I thought you were there.

BTW , would you mind to upload that MTF indicators?

Thanks

God Bless
4xtrader

See this thread. I update the first post periodically to add new ones.

Multi Timeframe Indicators

If you dont mind what is your winn/loss ratio with this strategy?
Also how many signals you have per week/month?
sorry for this questions but im curious
Thanks for sharing

Hi Leutzuro,

base on my experiences, it depends on your habitual trade,i.e
- for Scalper using 5 min alone, average five/day , with range 10-20 pips
- if using 15 min alone, average twice/day , with range 15-30 pips
- Day Trader , using H1 average twice/week ( for profits > 100 pips )

All yo have to do, just following the EMA signal, RSI n Slow Stoch, which they're all in the same direction, then you get into the market

For winn/loss ratio average > 88 %,

Hope this help
God Bless
4xtrader

Thanks for your answer
I will test on demo account.

Keris:

Thanks much for sharing the MTF indicators. I find them helpful indeed and am still experimenting with ways to use them. For example, the hourly RSI can be a good filter for 5-15min charts.

Thru

hi every one and thanks for the help and support and the nice materials
i have a system of bill williams a very god one make 50-100 profit a day
actually i am not a programable
but i will post the idea of it and a chart showing how i works

if we can write this to meta trader and do EA it will be graet
please try it


-----------------
ractal Trading System

While there are many definitions for a fractal in securities trading, the definition
used in these systems is a minor version of the type defined by Bill Williams, Ph.D.,
and his chaos-based trading methods. According to Bill Williams, an "up fractal" is
defined as a middle bar with two lower highs on each side of it.
A "down fractal" would be the reverse being a middle bar with two higher
lows on each side of it.

This system is based on a very small fraction of Bill Williams’
complete trading system.

The system enters a long position when a price crosses
above the most recent up fractal. The position would
be exited and a short position entered when the price
crosses below the most recent down fractal.

----------------------------
Up Level and Down Level Fractals}

F1:=ValueWhen(1,H<Ref(H,-2) AND Ref(H,-1)<Ref(H,-2) AND Ref(H,-3)<Ref(H,-2) AND Ref(H,-4)<Ref(H,-2),Ref(H,-2));

F2:=ValueWhen(1,L>Ref(L,-2) AND Ref(L,-1)>Ref(L,-2) AND Ref(L,-3)>Ref(L,-2) AND Ref(L,-4)>Ref(L,-2),Ref(L,-2));

{Cross Up and Down Level Fractal}

a:= Cross(H,F1);
b:= Cross(F2,L);

state:= BarsSince(a)<BarsSince(b);

{Signal Long and Short}

ShortSignal:= state < Ref(state,-1);
LongSignal:= state > Ref(state,-1);

{Trend Up and Down}

UpTrend:= state>0;
DownTrend:= state<1;

{OpenBuy and CloseBuy}

OpenBuy:= LongSignal and (eventCount('OpenBuy')=eventCount('CloseBuy'));
CloseBuy:= ShortSignal and (eventCount('OpenBuy')>eventCount('CloseBuy'));

{OpenSell and CloseSell}

OpenSell:= ShortSignal and (eventCount('OpenSell')=eventCount('CloseSell'));
CloseSell:= LongSignal and (eventCount('OpenSell')>eventCount('CloseSell'));

-------------------------------------------------------------------

functions :

1.valuwhen


This Accumulation/Distribution formula uses the cum() function (see Cumulate*) to keep a running total of the daily values.
cum( (((C-L) - (H-C)) / (H-L)) * V)


2.Ref


References a previous or subsequent element in a DATA ARRAY. A positive PERIOD references "n" periods in the future; a negative PERIOD references "n" periods ago.


3. cross

Plots a "+1" on the day that DATA ARRAY 1 crosses above DATA ARRAY 2. Otherwise, "0" is plotted. If you want to know when DATA ARRAY 1 crosses below DATA ARRAY 2, use the formula "cross( DATA ARRAY 2, DATA ARRAY 1)"

Attached Images

fractal.JPG (67.4 KB, 356 views)

Attached Files

fractal.txt (2.4 KB, 107 views)

in what timeframe did you use this system?
also what is your stop loss and take profit?

Take a look at the attachment. Should be useful...

Attached Files

THE FRACTAL.doc (52.5 KB, 189 views)

Its a chapter from "Trading Chaos" Bill Williams

__________________
"Only those who dare to fail greatly can ever achieve greatly."