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Hoffman's IRB (Inventory Retracement Bar)

1 by ionone
This is the indicator for Hoffman's champion strategy
unlike in the strategy, the GREEN arrows in my indicator are for BUYS which makes more sense IMHO
how to trade it ?
follow this strategy :


EDIT : fixed the version so it works live
Jeff
These users thanked the author ionone for the post (total 3):
ZZTop, A_5, toddanderson
Scalping the Century TimeFrame since 1999

Re: Hoffman's IRB (Inventory Retracement Bar)

2 by jng640
ionone wrote: Sat Feb 19, 2022 7:34 pm This is the indicator for Hoffman's champion strategy
unlike in the strategy, the GREEN arrows in my indicator are for BUYS which makes more sense IMHO
how to trade it ?
follow this strategy :


EDIT : fixed the version so it works live
Jeff
Interesting.. but the indicator showing both arrow are on the top, not top and bottom, maybe can fixed the arrow direction?

Re: Hoffman's IRB (Inventory Retracement Bar)

5 by ionone
I created an indi which makes a quick backtest of the strategy

ATRDistMulFlat is used to filter when the entry MA doesn't have enough slope, that's the best way i've found to do so, because you cannot measure a slope degree as it changes with the zoom level

if you find one good setting please let me know
thanks

Jeff
These users thanked the author ionone for the post (total 2):
pantera, Kangaroo
Scalping the Century TimeFrame since 1999

Re: Hoffman's IRB (Inventory Retracement Bar)

6 by ionone
ionone wrote: Wed Feb 23, 2022 8:54 pm I created an indi which makes a quick backtest of the strategy

ATRDistMulFlat is used to filter when the entry MA doesn't have enough slope, that's the best way i've found to do so, because you cannot measure a slope degree as it changes with the zoom level

if you find one good setting please let me know
thanks

Jeff
Hey Mladen, if you still com here, here is a code I coded from scratch. no need to ban me on ForexFactory :sweat:
Scalping the Century TimeFrame since 1999

Re: Hoffman's IRB (Inventory Retracement Bar)

7 by mladen
ionone wrote: Fri Feb 25, 2022 7:36 pm Hey Mladen, if you still com here, here is a code I coded from scratch. no need to ban me on ForexFactory :sweat:

Code: Select all

//+------------------------------------------------------------------+
//|                                                     Color_MA.mq4 |
//|                                                      Äåíèñ Îðëîâ |
//|                                    http://denis-or-love.narod.ru |
//+------------------------------------------------------------------+
That is all that I shall tell about that.
No more from me. Good luck with your coding progress
These users thanked the author mladen for the post:
pipsquirrel

Re: Hoffman's IRB (Inventory Retracement Bar)

8 by ionone
mladen wrote: Fri Feb 25, 2022 7:51 pm

Code: Select all

//+------------------------------------------------------------------+
//|                                                     Color_MA.mq4 |
//|                                                      Äåíèñ Îðëîâ |
//|                                    http://denis-or-love.narod.ru |
//+------------------------------------------------------------------+
That is all that I shall tell about that.
No more from me. Good luck with your coding progress
yeah I recoded everything but left the first COMMENTS
so it's invalid
lol
please show me ONE line of CODE from the original file
and again no need to ban anybody for that, it only shows your insecurity
Scalping the Century TimeFrame since 1999

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