Re: MT4 Trading Systems (Old or new!) Please post here

#121
Holmes27 wrote:
Sun Mar 22, 2020 1:43 am

Hello RplusT

Thank you for your uploads re the Vidya and Hama System indicators. Would you please just confirm that the ma period setting for both the Vidya and the Hama System indicators is 89 ( re the two screen-saves in post #81)?

Also for the Vidya indicator, is the time-frame to use the 'Automatic next time frame'?

I'm just double-checking with you as the settings in the template attached in your post #83 is ma period 21 for Vidya and ma period 20 for Hama System? For your convenience I've attached that template now.

Also, would you mind please giving some guidelines for how you exit trades, such exiting at a fixed profit target or exiting at a colour change of the Hama System bars, etc?

Also, on a separate issue, I've recently come across a very old post of yours where you were requesting an indicator that would allow the user to alter the relative thickness of wicks and candle bodies, and also the different colouring of wicks and bodies - I've attached the 'thickwick' indicator which I think hopefully does what you were requesting to help with visibility of bar chart bars.

With thanks RplusT

Holmes27

Yes, I use 89 on the Hama. The setting of the Vidya is 1-21 and "next higher TF". You can play with the smoothing. The higher, the more it moves to the extreme. I often work with 1-36. And I also use 1-36 with curent TF.
Thanks for the candle Indicator. That was very thoughtful of you. I appreciate.

Regarding tragets. My targets are always Supply and Demand levels on higher TFs. For example, as I mentioned somewhere, my first target on the DOW is 18,000. I'm positive, we are heading there. But that does not mean I won't take profits earlier.


Re: MT4 Trading Systems (Old or new!) Please post here

#122
RplusT wrote:
Sun Mar 22, 2020 11:57 pm
Holmes27 wrote:
Sun Mar 22, 2020 1:43 am

Hello RplusT

Thank you for your uploads re the Vidya and Hama System indicators. Would you please just confirm that the ma period setting for both the Vidya and the Hama System indicators is 89 ( re the two screen-saves in post #81)?

Also for the Vidya indicator, is the time-frame to use the 'Automatic next time frame'?

I'm just double-checking with you as the settings in the template attached in your post #83 is ma period 21 for Vidya and ma period 20 for Hama System? For your convenience I've attached that template now.

Also, would you mind please giving some guidelines for how you exit trades, such exiting at a fixed profit target or exiting at a colour change of the Hama System bars, etc?

Also, on a separate issue, I've recently come across a very old post of yours where you were requesting an indicator that would allow the user to alter the relative thickness of wicks and candle bodies, and also the different colouring of wicks and bodies - I've attached the 'thickwick' indicator which I think hopefully does what you were requesting to help with visibility of bar chart bars.

With thanks RplusT

Holmes27

Yes, I use 89 on the Hama. The setting of the Vidya is 1-21 and "next higher TF". You can play with the smoothing. The higher, the more it moves to the extreme. I often work with 1-36. And I also use 1-36 with curent TF.
Thanks for the candle Indicator. That was very thoughtful of you. I appreciate.

Regarding tragets. My targets are always Supply and Demand levels on higher TFs. For example, as I mentioned somewhere, my first target on the DOW is 18,000. I'm positive, we are heading there. But that does not mean I won't take profits earlier.
Thanks very much RplusT for taking the time to answer my questions, and understood re the indicator settings and HTF S & D levels as profit targets.

I'll start observing S & D levels with a view to using them as profit targets, as my trade exits are one of the reasons I'm not currently profitable.

Thanks again and kind regards

Holmes27

Re: MT4 Trading Systems (Old or new!) Please post here

#123
RplusT wrote:
Mon Nov 25, 2019 11:55 am
I use the Hama system for that. I set the period to 89 to fit my Vidya setting. But I only use the candle colour and set the rest of the colours to none.


HamaSystem.mq4


Vidya_Hama System.tpl
Hello RTpLUS,

How do you mean that ou set the period to 89? In the template you attached there is MAperiod set to 20. Need me to change it to 89 ?

Re: MT4 Trading Systems (Old or new!) Please post here

#124
normannasty wrote:
Sun Apr 05, 2020 6:06 pm
RplusT wrote:
Mon Nov 25, 2019 11:55 am
I use the Hama system for that. I set the period to 89 to fit my Vidya setting. But I only use the candle colour and set the rest of the colours to none.


HamaSystem.mq4


Vidya_Hama System.tpl
Hello RTpLUS,

How do you mean that ou set the period to 89? In the template you attached there is MAperiod set to 20. Need me to change it to 89 ?
It was answered above. Thanks


Re: MT4 Trading Systems (Old or new!) Please post here

#126
normannasty wrote:
Mon Apr 06, 2020 12:25 am
Hello RTPLUS.
Do you have special technic or indicator for setting up the sd levels.
As I understand you draw them on the 4hr and the 1hr chart. How long are you go back in time? 1year ? or more?
Reliable S/D levels are on the Weekly and Daily charts. If you want to go more into detail you may try 4H and 1H. The lower the TF, the more noise.
How far those levels go back? It's a horizontal line and it depends how many candles you show on the chart i.e. how long your history setting is. Important S/D levels you can track back to Jesus Christ as I like to say. They are alwas relevant. Sometimes as S-levels, then there may be a break through and they often turn into D-levels and vice versa. Nothing is carved in stone, but pay attention.

Re: MT4 Trading Systems (Old or new!) Please post here

#127
For you to play with.....during lock down :)

A similar set up with the Hama system leading the way. Added the choice of MA Method to the Hame system Indicator. I'm using LWMA in the template.
Easy to trade with. When you click on the "Line Chart Button" on the MT4 you get the Ham system candles too.

Have fun and stay safe!

Hama System.JPG
!!!-MT4 X-XARDFX-ZZ.ex4
(16.61 KiB) Downloaded 391 times
HamaSystem.ex4
(13.17 KiB) Downloaded 423 times
TrendEnvelopes-alerts (mtf).ex4
(28.08 KiB) Downloaded 409 times
MA ribbon filled + shift 1.03 mtf nmc.ex4
(24.9 KiB) Downloaded 415 times
hama system.tpl
(6.4 KiB) Downloaded 376 times

Re: MT4 Trading Systems (Old or new!) Please post here

#128
RplusT wrote:
Thu Apr 09, 2020 7:11 pm
For you to play with.....during lock down :)

A similar set up with the Hama system leading the way. Added the choice of MA Method to the Hame system Indicator. I'm using LWMA in the template.
Easy to trade with. When you click on the "Line Chart Button" on the MT4 you get the Ham system candles too.

Have fun and stay safe!


Hama System.JPG


!!!-MT4 X-XARDFX-ZZ.ex4
HamaSystem.ex4
TrendEnvelopes-alerts (mtf).ex4
MA ribbon filled + shift 1.03 mtf nmc.ex4
thanks, can you share the template ?

Re: MT4 Trading Systems (Old or new!) Please post here

#129
Blueman wrote:
Thu Apr 09, 2020 7:13 pm
RplusT wrote:
Thu Apr 09, 2020 7:11 pm
For you to play with.....during lock down :)

A similar set up with the Hama system leading the way. Added the choice of MA Method to the Hame system Indicator. I'm using LWMA in the template.
Easy to trade with. When you click on the "Line Chart Button" on the MT4 you get the Ham system candles too.

Have fun and stay safe!


Hama System.JPG


!!!-MT4 X-XARDFX-ZZ.ex4
HamaSystem.ex4
TrendEnvelopes-alerts (mtf).ex4
MA ribbon filled + shift 1.03 mtf nmc.ex4
thanks, can you share the template ?
Yes, sure, I forgot. Added it to the orignial post. Thanks for letting me know.


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