Requests and Raw Ideas

Originally Posted by ape_epa

Hi igorad and ND! I'm adding myself to the request. I will find useful to have hurst exponent for mt4, can you code it ?

Thanks!

Yes, I've re-sent this request to Igorad.

Originally Posted by igorad

Hi himsly,

Please check out the fixed Multiple OP script which opens the given number(jumlah_OP) of buy or sell orders simultaneously.

Attachment 10472

Attachment 10473

Regards,
Igor

Hi there.
I think this script is very simple and always will BUY (if we set Buy and Sell to true from settings).
We should use it with cautious because if we don't get the long trend it will hit stoploss.
May be it should be modified so to catch the right trend.

Regards.

Hi Stinkata,

Igorad is the coder so he needs the idea: how to catch, which indicator or method should be used to catch ...

Anyway, I've re-sent this request to Igorad so may behe will have some idea about.
Or the other members will help with the idea.

Originally Posted by newdigital

Yes, I've re-sent this request to Igorad.

Hi ND! Please remember igorad about this request(hurst exponent for tm4), thanks! :-)

Originally Posted by ape_epa

Hi ND! Please remember igorad about this request(hurst exponent for tm4), thanks! :-)

I reminded.

Originally Posted by ape_epa

Hi igorad and ND! I'm adding myself to the request. I will find useful to have hurst exponent for mt4, can you code it ?

Thanks!

Hi ape_epa,

Please check out the Hurst Exponent indicator for MT4 which is converted from the mentioned article. Also please remember that it was the mql5 script(not an indicator).


Attachment 27277


Regards,
Igor

Originally Posted by igorad

Hi ape_epa,

Please check out the Hurst Exponent indicator for MT4 which is converted from the mentioned article. Also you please remember that it was the mql5 script(not an indicator).


Attachment 27277


Regards,
Igor

Oh Great!! Thank you so much igorad! :-)

Hi ape_epa,
How to use this indicator to identify buy or selli?

Regards,
Rogério

Hi All/ND,

CCI: Need Indictor and details ....... urgently
===
Can someone share in detail entry/SL/TP step-wise document on CCI?

Thanks in advance.

The Commodity Channel Index (CCI) measures deviations from the moving average while showing overbought and oversold conditions
When CCI crosses up above the -100 line, a buy signal is generated
Don’t get thrown off by the lengthy name “Commodity Channel Index” as it is not a new 24-hour cable broadcast devoted to pork bellies and soybeans; though you could use it to trade either of these. CCI is a popular indicator used by Forex traders to identify oversold and over bought conditions much in the same way that RSI or Stochastics is used. But instead of 30 and 70 representing oversold and overbought areas, CCI uses -100 and +100. Though Donald Lambert created CCI back in 1980 to identify cyclical turns in commodities it is very effective with currencies. By measuring the current price relative to the average price of a set period like 14, CCI is low during time prices are below their average and high when prices are above their average. This gives us the oversold and overbought regions.

Why is this important you may ask? Well, it is simple. When we have a strong uptrend, the best place to buy is at price point where traders are no longer selling or selling pressure begins to subside. This is called being “oversold”. How do we know when something is oversold? This is a great question too! Forex traders have several tools and methods at their disposal to show them when prices have fallen too far too fast and when bargain hunters may step in sending prices higher. Candlestick pattern, oscillators and support/resistance levels are the primary tools. With CCI, Forex traders look to buy when CCI crosses above -100.

Similar to real estate investing, without the headache and a lot more fun, Forex traders want to buy the “worse house in the best neighborhood at the lowest price.” In our analogy, the best neighborhood is a strong trend; the “worse house” is the entry zone for our trade. Like the real estate investor, we look for the value of our holdings to increase over time. Since we have bought at a relatively low price, our risk is small relative to the potential gain. Unlike real estate fixer-uppers, Forex traders can forget remodeling as time and trend work to increase the value of the position

the source