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KG do you think its suite to use with your other level?
and as a filter for trade.buy above 8h and instead(?)
Actually .. yes i use it with my level system...
But... as i said on the first post.. I saw a good potential to use 8 Hours Pivot individually as a trading system.. maybe an aggressive system... I don't know yet. I'm still working to find a good setup to entry and exit base on this pivot.
I was a little "excited" when I saw your indicator and down-loaded it to see what value it could add to the H8-Open Indicator built by TheRumpledOne and which I have changed for my own benefit and style of trading.
I took your indicator as far back as possible, but I am sad to tell you that it does not add any value to my charts. The H8-Open on the other hand, is excellent especially on the H1 and H2-charts. I placed it on my Thread with the request that the guys look at it to see whether it was an adjunct or not, but so far I had no response. I will not pursue it any further for the reasons mentioned.
You may want to look at the H8-Open though.
Best wishes.
__________________ "Risk comes from not knowing what you are doing" The Tao of Warren Buffett.
"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.
I was a little "excited" when I saw your indicator and down-loaded it to see what value it could add to the H8-Open Indicator built by TheRumpledOne and which I have changed for my own benefit and style of trading.
I took your indicator as far back as possible, but I am sad to tell you that it does not add any value to my charts. The H8-Open on the other hand, is excellent especially on the H1 and H2-charts. I placed it on my Thread with the request that the guys look at it to see whether it was an adjunct or not, but so far I had no response. I will not pursue it any further for the reasons mentioned.
You may want to look at the H8-Open though.
Best wishes.
Hi ValeoFX,
The indicator is not mine, it's created by Goen (member of TSD forum too).. hehehehe.... And thanks I'll try to check H8-open too....
Yes I'm the builder. I build it as Kang Gun's request and idea. I'll check the H8-open too....
Thanks for your info ValeoFX
Maybe we could develop it more further.
Yes I'm the builder. I build it as Kang Gun's request and idea. I'll check the H8-open too....
Thanks for your info ValeoFX
Maybe we could develop it more further.
Hi Pak Goen, I think this indicator would be better if you can add alert when price cross up/down the 8H Pivot Line.
Hi Pak Goen, I think this indicator would be better if you can add alert when price cross up/down the 8H Pivot Line.
Quote:
Originally Posted by traders89
Hello Goen
How does it work ?
Thanks
Quote:
Originally Posted by fx1618.com
traders89, I think, pivot line bazed on 50% of 8h range.
Quote:
Originally Posted by bshcom
hi goen
can it be made so we can adjust it to 4-8-12 hours?
thanks
This indicator now show pivot 4H, 8H and 12H that can adjust the calculation on 'mode' input MODE 0=HL/2 1=HLC/3 2=HLOC/4 3=HLCC/4.
We can set each pivot lines color and show the last price or not on 'ShowPrice' input, also an alert for each pivot (4H,8H,12H) that we can set to activate it or not on 'ActivateAlert' input
Hope it's usefull.
Happy trading to all ...........