Re: MT4 Trading Systems: Gifts for the New Year

#331
friend4you wrote:
Mon Nov 20, 2017 10:07 pm
To trade higher timeframes filters some noise, but you need much more time to win the distance to stop and overnight costs are often 5 % per year at cfd brokers. Binaries are more like a casino: fixed wins at fixed time that lowers the possibilities. Winning 2-3 times the risc to stop loss is at normal trading the standard with volatile pairs in 5-15 min timeframe.
I tested many of the systems on that wot page. There are mainly old systems, which only work, if the trend is longer strong. Remember that markets were more volatile years ago. It's a bad behavoiur there to encrypt free indicators to post their big ad on chart with every indicator like on one system of our member xard. I attached free mirror bands without ad.
BollingerBandsSystem.rar
I like the BollingerBands system, which is mainly the BB of 9 in mirror_bands with good rsx 21 and the addition of divergence petr. No repaint and it is fast, so that you should wait for the break or the rising of the upper band at close sometimes.
As posted, MACDheikenashiSystem.rar is repainting and not trustable.
NonLagging-SuperTrend.rar:
The other system, amdudus posted, is the popular trendmagic indicator combined with non lag ma 20, a good combination, but bad in sideways. What do use to filter sideways?
Details on that is here:
viewtopic.php?p=1295363907#p1295363907
https://www.forex-station.com/viewtopic ... 1295364237
viewtopic.php?p=1295365902#p1295365902


BollingerBandsSystem.rar
Mirror_Bands.mq4

another indicator to find currency strength. hawkeye fatman indicator.

there are many types of bands starting from simple bb, keltner channel, sd bands, atr bands.
your posted bands(atr) combined with target bands helps in potential sl and tp and to filter sideways.
how do you use your bands atr to filter sideways. any other indicator that you use to filter sideways. see your posted bands with target bands overlap in image.
thank you.
66.png
Hawkeye Fatman.ex4
(11.5 KiB) Downloaded 1200 times


Re: MT4 Trading Systems: Gifts for the New Year

#332
FrancoisT wrote:
Tue Nov 21, 2017 1:50 am
So many systems, that by checking one by one, no one will have time for trading :)
Would be good to be filtered as systems that really have positive mathematical expectation and showed a time spot of around 2 and more years of average plus ( because that period is enough to prove the system keeps brings money during different market behaviors) :)
And what is your job? A lot of people is looking to get free a proven system, let me tell you will not happens, you must put your hands in there.


Re: MT4 Trading Systems: Gifts for the New Year

#336
friend4you wrote:
Tue Nov 21, 2017 4:02 am
Rijay, you mean heatmap as in picture. I just use atr-bands as posted in your thread and higher timeframes for visual filter.
This Support Line indicator helps.
SS_SupportResistance_v07.3.ex4
your bands settings are better as centerline atr is where prices takes supports and bounces back.
it is better as you said to use higher timeframe for filtering visually. also that image heatmap if combined with profx heatmap gives faster entry and exit as many traders want.
need to have some better indicators to filter sideways, recently posted one by xard looks impressive also.

Re: MT4 Trading Systems: Gifts for the New Year

#339
rijay wrote:
Tue Nov 21, 2017 3:06 pm
friend4you wrote:
Tue Nov 21, 2017 4:02 am
Rijay, you mean heatmap as in picture. I just use atr-bands as posted in your thread and higher timeframes for visual filter.
This Support Line indicator helps.
SS_SupportResistance_v07.3.ex4
your bands settings are better as centerline atr is where prices takes supports and bounces back.
it is better as you said to use higher timeframe for filtering visually. also that image heatmap if combined with profx heatmap gives faster entry and exit as many traders want.
need to have some better indicators to filter sideways, recently posted one by xard looks impressive also.
Thanks. I can't find any range filter on xards system, he's not posting much, you mean mladens rsioma? Many systems look impressive with indicators set on higher timeframes or with sma lines with higher values, but you get only few signals on these systems.
viewtopic.php?f=578267&t=8416709&p=1295 ... 1295366080

My bands settings and opinion, we may discuss sideway filtering on your specialized thread:
viewtopic.php?p=1295363907#p1295363907
viewtopic.php?p=1295364237#p1295364237


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