hi guys heres a little something i think you might like,
this is something i kinda stumbled upon,i was using these
indicators to hone down my system when i noticed this.

its so simple........only 2 indicators !!!!!!!!!!

heres the RULES...

TRADE ENTRY....once SHI_SILVERTRENDSIG has confirmed either
a buy or sell DOT we buy/sell at the open of the next line/candle........

TRADE EXIT.....once SILVER TREND SIGNAL has confirmed a
buy/sell ARROW (in the same direction) we EXIT on the close
of the NEXT line/candle

NOTE - WHEN USING SILVER TREND SIGNAL,the arrow may "flash"
on and off as the price goes up and down and is ONLY CONFIRMED
WHEN THE NEXT LINE/CANDLE OPENS and the ARROW is ABOVE/BELOW
PREVIOUS LINE/CANDLE.....(makes more sense in picture)

THATS IT!!!!!!!!!!!!!i have made 3 trades with this so
far 2day and all in profit,have posted my last,will post
others as they come,i think this is a brill little system
and do you know what........yes it gets better.......
........no really........so far i have used it on 4 different
pairs and in 3 different timeframes and all to profit,yes
i know its early days for this but iv got a real good feeling.

hope you like it and it makes you some ...sorry LOADS OF PIPS

GOOD TRADING ALL........THESTELLAMAN

Attached Images

	chart1.JPG (122.9 KB, 1981 views)
	STATEMENT.JPG (128.6 KB, 1422 views)
	chart2.JPG (97.7 KB, 1516 views)

Attached Files

	SHI_SilverTrendSigAlert.mq4 (4.1 KB, 720 views)
	SilverTrend_Signal With Alert v3.mq4 (3.2 KB, 690 views)

Hi stellaman,
It seems tht u have found the holy grail. I havent back tested it but i'm definately interested in back testing it.

Keep your results posted
tc
kev

Seems interesting.

hi stellaman, i'm currently testing your system.
refering previous chart it seems to work well,
I think 1hr tf and 30min tf work well,
i personally don't like using it at 15min tf.
but still need to test your system further,


anyway thanks stellaman

Hi,

Isn't that SHI_SILVERTRENDSIG change the 'dot' placement if there is new high or new low found?

hi goover.....erm dont quite get the question m8,do you mean that if it places a "dot" above/below a candle that it will then move the "dot" along to the next candle if it makes a new high/low??

if this is what you are asking then .......firstly can i say i know nothing..nil...zilch..zero about coding indicators,im just happy i know how to load and use them so as for the technical side i dont know,but as for watching the indicator place its dot,no it does not seem to move the dot to the next candle if it makes a new high/low,u can see this in any of the charts as sometimes the next candle DOES make a new high/low but the "dot" remains in the same place, as i said above about the SILVERTREND_SIG this does in fact move along until it becomes confirmed(as i call it)

and if that is not what you were asking .sorry i got the point of your question wrong.......please try again caller

I think goover is right. It does shift its dot when a new low/high is made. But yet need to confirm this. Maybe we all should keep a close eye on the charts (preferably 30 mins, 1 hour or 4 hour, since these time frames are more reliable for trading). And if any one notices such a thing then we should inform the others.

Regards,
kev

Look at this piece in the code -
SHMax = High[Highest(NULL,0,MODE_HIGH,Per,SH)];
SHMin = Low[Lowest(NULL,0,MODE_LOW,Per,SH)];

This changes the dot as soon as a new high/low is formed...

Thx

So is there any way tht this code can be changed so tht the dots dont change their positions when new high/lows are formed?

kev

I found 3 instances where the dots dont change. look at the red squares

kev

Attached Images

	gold.bmp (1.44 MB, 1192 views)
	eurchf.bmp (1.27 MB, 972 views)
	gbp.bmp (1.27 MB, 863 views)