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*WIP* FerruFX's Multi-Info Evo

#1
Hi all,

Just a work-in-progress contribution - this forum is an amazing resource and it is time to give back.

This matrix indicator is based on the code from the original FerruFX Multi-Info Panel (More than 10 years old). I'm updating it according to settings I like.

The purpose is to give the multi-timeframe trend, visually and in terms of the weighted percentage of the indicators .

The buffers at the top of the indicator window show that 84% are sloping up (or in the case of CCI, below 0) and 16% sloping down (or in the case of CCI, above 0) in the provided image of USDJPY, favouring long positions / buy on pullbacks.

The 103 refers to the 104 combined indicators in the matrix (1 is flat / sideways / precisely equal to its previous value, namely, the RSI7 on M5).

The UPs / DOWNs form a kind of multi-timeframe, multi-indicator checklist.
action.PNG
It's not a fully working version because I have not coded in all of the flats, there is possible double counting of the BBands, and I may wish to add in more indicators and overheats.

The coefficients are not based on any modelling, just more weight is given to the higher timeframes when calculating the two buffer percentages that tell you whether the trend is up or down.

I'm not asking for any help or support, but if traders can see the use of this matrix, then I am sure the thread and indicators could naturally evolve.

I am certain that the code could be a lot more elegant and include more use of loops. It is clunky at best, and has required much manual work so far. I am not a MQ4/5 expert, but I am doing what I can on this.

For coders wishing to develop, here are some ideas:

Add the Moving Average angles of the 8 and 20, e.g. using trig Tan function e.g. >45 degrees = up, <45 degrees = down.
Add the Overheat functions (>163 or <-163 on the CCI Fast; >85 and <15 on the RSI fast; close above/below BBands)
Add in a MACD (>0 or <0), e.g. based on Xard777's MA settings.
Change to a multicurrency meter.

Please use and share ideas and developments. I will do the same.

Best regards,

Econome.
! ! AAA_FerruFX_2007_Multi_Info_Econome_2018_mod_v0.6.ex4
(92.52 KiB) Downloaded 882 times
! ! AAA_FerruFX_2007_Multi_Info_Econome_2018_mod_v0.6.mq4
(289.38 KiB) Downloaded 1088 times


Re: *WIP* FerruFX's Multi-Info Evo

#2
I updated the indicator to include:

= settings for the panel as external inputs
= now includes second RSI, plus MACD and ADX
= new count (buffer) reflects the new indicators

Desired:

= Code to make buffers display on chart either as a meter (long vs short) or just the percentages.

uc.PNG

eu.PNG

uj.PNG
! ! AAA_FerruFX_2007_Multi_Info_Econome_2018_mod_v0.7.ex4
(108.38 KiB) Downloaded 919 times
! ! AAA_FerruFX_2007_Multi_Info_Econome_2018_mod_v0.7.mq4
(308.44 KiB) Downloaded 1138 times

Re: *WIP* FerruFX's Multi-Info Evo

#3
econome wrote:
Sun Nov 04, 2018 10:39 pm
I updated the indicator to include:
Whoa thank u econome that very interesting works & content :clap: Ferru made some nice goodies it is a pitty no one hear much from him anymore & he is only post in FF but i see post from him years ago with some nice goods
Contribution Inspector & GIF Animator at your service👮

Re: *WIP* FerruFX's Multi-Info Evo

#5
No problem. Traders like Xard are the masters of this kind of multi-currency multi-indicator type things. Ideally, it would be useful to have a multi-currency summary of percentages. If anyone fancies stepping in, I am happy to work with them on the indicator. I think we can make something very nice for all the people.


Re: *WIP* FerruFX's Multi-Info Evo

#6
econome wrote:
Sun Nov 04, 2018 10:39 pm
I updated the indicator to include:

= settings for the panel as external inputs
= now includes second RSI, plus MACD and ADX
= new count (buffer) reflects the new indicators

Desired:

= Code to make buffers display on chart either as a meter (long vs short) or just the percentages.

uc.PNG

eu.PNG

uj.PNG
Excellent stuff mate. What I love about it is it's really lightweight and doesn't crash MT4 and you've made some nice updates to it. I couldn't help but share it on our Social Media pages as this seems to be a good project to work on! :clap:
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Re: *WIP* FerruFX's Multi-Info Evo

#7
I have no problem with that at all, Jimmy, just grateful to be kept in the loop about developments.

Here's some analysis of GBPUSD. Provided Brexit keeps having problems, the downside looks strongly prevalent as we enter a possible third wave on H4. The MA8 and the MA20 columns ought to offer really excellent trend identification confirmators.

My shapes and marks on the messy chart show areas of possible time and price confluence from the pitchforks, and multiple fibo projections. What is sure is there is a bunch of levels for selling off abive the current market price, especially in the zone I've marked with a red triangle. Stops at around 1.3075, or for bigger reward trades, above 1.3120, I think will offer at least 1.2880, if not 1.2800 and if this really becomes a wave 3, then 1.2620 at a minimum. 1.2390 would be normal in fact.

If I had to predict a 'home run' trade, I would say 1.2600-1.2630 on the morning of the 13 November (confluence marked with a purple circle)!

No guarantees for any of these, just some ideas for patient shorts. I am often extremely wrong in predicting price-meets-time outcomes.

But the principle of shorting now is very clear from both the Elliott wave pattern and the confluence of indicators from the Multi-Info Evo.

I will work on clarifying and tidying up the template, or providing two separate charts.
gu-multi-info.PNG
mi2.PNG

Re: *WIP* FerruFX's Multi-Info Evo

#8
econome wrote:
Mon Nov 12, 2018 12:36 am
I have no problem with that at all, Jimmy, just grateful to be kept in the loop about developments.

Here's some analysis of GBPUSD. Provided Brexit keeps having problems, the downside looks strongly prevalent as we enter a possible third wave on H4. The MA8 and the MA20 columns ought to offer really excellent trend identification confirmators.

My shapes and marks on the messy chart show areas of possible time and price confluence from the pitchforks, and multiple fibo projections. What is sure is there is a bunch of levels for selling off abive the current market price, especially in the zone I've marked with a red triangle. Stops at around 1.3075, or for bigger reward trades, above 1.3120, I think will offer at least 1.2880, if not 1.2800 and if this really becomes a wave 3, then 1.2620 at a minimum. 1.2390 would be normal in fact.

If I had to predict a 'home run' trade, I would say 1.2600-1.2630 on the morning of the 13 November (confluence marked with a purple circle)!

No guarantees for any of these, just some ideas for patient shorts. I am often extremely wrong in predicting price-meets-time outcomes.

But the principle of shorting now is very clear from both the Elliott wave pattern and the confluence of indicators from the Multi-Info Evo.

I will work on clarifying and tidying up the template, or providing two separate charts.
excitingg can we see the latest version sir!!! :clap: :clap: :clap:
Contribution Inspector & GIF Animator at your service👮

Re: *WIP* FerruFX's Multi-Info Evo

#9
Hi Moey,

Not much changes yet - but now the colors can be changed in case of other backgrounds.

This background is based very loosely on "Skimming Swallow - White" from this forum and I have changed the color settings according to match background.
econome-evo-ff-mi.PNG
Only change the colors in the input tab.

The indicator still needs work and cleaning.

In terms of the template, as many might ask questions. I will gradually share most of the template indicators for this setup and the one in the black charts above.

If you see where I have circled with purple circles, that is a possible early entry on close of the candle. I need to test these out more.

Where I have put dark green dashed lines is possible long entries (but should probably only take these when Multi-info is showing >60% long really - not sure if that was case at relevant time), where I have put red line is clear short entry. It is possible that the second dark green, dotted vertical line was a genuine long.

=============
***This makes for a call for a simple BAR type oscillator that can be set such as [DARK RED] RED, AMBER, GREEN, [DARK GREEN] to guide if the buffer for the multi-info is [30%], 40%, 40-60%, 60%, [70%] red / green. Non-repainting would be amazing, but probably hard.

***This thread does need a head of coding partner. Please PM and/or post if you have time to make.
=============

So from top to bottom, I've put on the chart:

(1) A median price average (blue) set at 5 periods.
(2) SMA 20,50,100,200 from the daily chart (3 of these the price has now dropped below).
(3) FXSniper's LSMA set at 34 periods
(4) A Linear regression channel set at 15 periods
(5) A FX Factory calendar
(6) The arrows and bombs I am not going to go into here. You will get to work them out in time. But you can see, there are 6 types (one looks like fractal, two are diagonal, one is big thin, one is hollow arrow, one is curly arrow).
(7) You have a magnified market price and candlestick timer there also.

Off the chart you have info dashboards and oscillators:

(8) The Multi-Info (attached)
(9) An oscillator (OSC 5,35) - this is purely for divergence and wave counting. You can use anything - CCI(32), RSI(7), RSI(14), Stochs - I tend to use a combination of 2 of them for divergence.
(10) A trend strength indicator based on Moving Averages - I will elaborate if it is useful. This is 'trendstrengthevo v2.1, modified by nnjeim - the original coder is not listed in the file. Increasing strength in direction of trade looks good.
(11) Angle of moving average indicator set to 3 and EMA. Looking for changes in a particular direction (ie strength in the angle = strength in momentum). I am using here the jpkfox EMA_Angle modified by MrPip.
(12) TMA slope - I will elaborate more if I find this TEMA based indicator useful - this again seems to add a 'security check' for the trade.
This says it is by zznbrm + Edited by shahrooz "sh.sadeghi.me@gmail + Edited by Nanningbob April 2012
(13) Schaff Trend Cycle set to 5 periods and an 8 and 15 moving average pair. Indicator is PlotSTC, by the one and only... mladen
(14) You can see I have added a complementing dashboard on the right of the multi-info. This is for 'additional security' and it is the "Trendbolt Mini" by Tudor Ceban.

Most of the indicators you can find here at https://forex-station.com

If not, let me know and I'll post them gradually, except if I find they are premium by the owner, or others can post them.

I will go through the earlier chart. Many of the ideas and indicators on the black charts above are based on a forex-tsd trading systems thread from 2005-2010 roughly called XO method, by valeofx.

Here are some M30 entries using the same setup.
some_shorts.PNG
And M15 for the less patient.
some_shorts15.PNG
Econome

Best regards,
! ! AAA_FerruFX_2007_Multi_Info_Econome_2018_mod_v0.75.ex4
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! ! AAA_FerruFX_2007_Multi_Info_Econome_2018_mod_v0.75.mq4
(313.84 KiB) Downloaded 827 times


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