ICWR Beta 5 Indicator: Hard Stop of 50 Pips, Some Results Added to Alex's ICWR indicator - Technical Indicators

TimeFreedom 2006.02.02 05:46 #51

Kent:
>>>>

I read the book/manual and tried this indicator with some live trades. (Original ICWR version ).

My question to those who use/trade with this indicator.

If after entering a trade do you keep the stop at the same level till it hit by the stop level (hard stop of 50). Or get out at reversal signal.

I entered for long at USD/JPY 116.50 and got out at +46 when I got a reversal signal. But If I had stayed with the same level of stop loss I would be in trade still Now USD/JPY is above 118.00.

So it is better to get reversed or keep the stop at same level. I know the manual says we should not trail the stops. I reentered again at 117.25 and it reveresed and got out with 5 pips.

Anyone who use/trade this indicator? Can you explain what I am doing wrong or I am going by the rules.

Thanks in advance.

Kent.

Kent,

Please take a look at the the following ICWR thread: http://www.strategybuilderfx.com/forums/showthread.php?t=15924

Thank you,

Jorge

TimeFreedom 2006.02.02 05:47 #52

Kent:
>>>>

I read the book/manual and tried this indicator with some live trades. (Original ICWR version ).

My question to those who use/trade with this indicator.

If after entering a trade do you keep the stop at the same level till it hit by the stop level (hard stop of 50). Or get out at reversal signal.

I entered for long at USD/JPY 116.50 and got out at +46 when I got a reversal signal. But If I had stayed with the same level of stop loss I would be in trade still Now USD/JPY is above 118.00.

So it is better to get reversed or keep the stop at same level. I know the manual says we should not trail the stops. I reentered again at 117.25 and it reveresed and got out with 5 pips.

Anyone who use/trade this indicator? Can you explain what I am doing wrong or I am going by the rules.

Thanks in advance.

Kent.

Kent,

Hard stop of 50 pips.

Kent 2006.02.02 06:22 #53

TimeFreedom:
Kent, Hard stop of 50 pips.

Thanks a lot TimeFreedom for your time/reply. I will go thru that entire posts. Very interesting indicator indeed. I think it does give good pips when u catch a trend.

Kent.

Parabolic SAR - Trend Parabolic SAR - Trend Parabolic SAR - Trend

Foreverold 2006.02.04 18:47 #54

Time zones added to Alex's indicator

Files:

gann-icwr_v01_with_time.mq4 28 kb

fxid10t 2006.02.04 18:58 #55

ligerny:
Hey i've read the whole icwr trading technique, anyone here try it and with what results ?

some results attached...

Files:

icwr_6.gif 6 kb

icwr.htm 25 kb

TimeFreedom 2006.02.06 13:51 #56

Alex.Piech.FinGeR:
you will Pattern indicator butterfly... for MT4 ?

i try

--------

new Update beta 5

i have fixed Bug refresh erase problem and RSI daliy periode

--

@RickyD

That is to have the fib values in the chart shift area. To some degree a mute point with the boxes but I would still really appreciate them if it would not be a lot of extra work.

not understand sorry my english is bad you will FIB value (numbers) on Chart shift area. ?

---@sailor

custom timeframe switch ( selectable timeframe to look at on all periods)

not understand sorry my english is bad

example: you will ICWR- Indicator calc. M5 on H1 Time Periode chart ?

--

sorry my bad english good is if explain with Image

regards

Alex

Alex,

Your latest ICWR Beta 5 Indicator is working perfectly. CPU level is extremely high. Not sure what could cause this since the previous versions did not have this problem. May have something to do with your last update which allowed the indicator to refresh. Please take a look when you get a chance. Your time is very much appreciated.

Thanks in advance,

TimeFreedom

Working with charts When MetaTrader 5 Web Platform Installation - For

Mazoem 2006.02.13 05:30 #57

TimeFreedom:
Alex,

Your latest ICWR Beta 5 Indicator is working perfectly. CPU level is extremely high. Not sure what could cause this since the previous versions did not have this problem. May have something to do with your last update which allowed the indicator to refresh. Please take a look when you get a chance. Your time is very much appreciated.

Thanks in advance,

TimeFreedom

Alex, your work is fantastic, I love the indicator and have been using it every day.

TimeFreedom made a comment about CPU level high, I have noticed this too but also wanted to point out that it is writing a log file at an alarming speed, due to some small bug in the code.

The log file i am referring to is in C:\Program Files\MetaTrader 4\experts\logs

I have the indicator on 10 charts- 5 5min charts and 5 4hr charts.

My log file reaches 100megabytes in about 5 minutes. I let it go one time tonight for about an hr and it was 900 megabytes.

Here is a sample from the log: