[DL] Trend scanner and Currency index - page 4

 

hi everyone,

when i saw this indicators i just so happy that i was trying to get this indicators...

i download all those and place them but still i can't find any indication in mt4....

i saw others also have same problem....

plz can anyone help me....

 

very interesting indicators, I have not had any trouble getting them onto templates & watching Hector's video.

now for my question: NZD-CHF on the 30M looks like a good setup.

BUT by choosing such extreme divergences, does it not defeat the purpose of getting on to a trend as early as possible? how can one expect the trend to continue on forever?

if I knew how to post a chart, I would do so, but the method here is different from elsewhere.

on the relevant chart, it is clearly visible how there would have been at least two better entry-points which as far as I can see, this Trender-system does not seem to address.

or is it that I am overlooking something? for instance, is there perhaps some way that it picks exhaustion (turning) points??? That would be really something!!

 

thank you so much for this!

 
rmugabi:
thx for posting these. for some reasons I can't get the trend scanner to work. appears in MT4 charts but it's blank. using win 7 64 bit. someone kindly help

Put the trendscanner in de indicator list, its a submap in the expert.

First i put the template in the template, i had the same problem as you have.

Then i put the TrendScanner.ex4 (17.6 KB, 499 views)(it could be the other, i thought this one) in de indicatorlist.

This should do the trick. It worked for me.

G'luck.

 

this morning I was able to pick out the following for potential trade as recommended:

NZ (5 on the lower side) vs. CH (5 on upper) @ .6425 .. on the 30M chart

EU (5 upper) vs. NZ (6 lower) @ 1.7600 .. on 15M

EU (5 upper) vs. GB (5 lower) @ .8735 .. on 5M

as far as I can see tonite, none of these went anywhere?

 
amory:
very interesting indicators, I have not had any trouble getting them onto templates & watching Hector's video. now for my question: NZD-CHF on the 30M looks like a good setup. BUT by choosing such extreme divergences, does it not defeat the purpose of getting on to a trend as early as possible? how can one expect the trend to continue on forever? if I knew how to post a chart, I would do so, but the method here is different from elsewhere. on the relevant chart, it is clearly visible how there would have been at least two better entry-points which as far as I can see, this Trender-system does not seem to address. or is it that I am overlooking something? for instance, is there perhaps some way that it picks exhaustion (turning) points??? That would be really something!!

so then the NZD/CHF turned round & went into an uptrend .. I've got another theory on this: perhaps it is necessary for both pairs to show six points up/down respectively, for this to work. that means they both have two coloured squares on the indicator. but you see that very rarely, from what I can observe.

wish Hector would clear this up for me, he keeps telling me Your comment is awaiting moderation.

becoz I realize he's put much work into this & created an interesting indicator!

 
amory:
so then the NZD/CHF turned round & went into an uptrend .. I've got another theory on this: perhaps it is necessary for both pairs to show six points up/down respectively, for this to work. that means they both have two coloured squares on the indicator. but you see that very rarely, from what I can observe. wish Hector would clear this up for me, he keeps telling me Your comment is awaiting moderation. becoz I realize he's put much work into this & created an interesting indicator!

Im very curious also, keep us posted pls.

Ehm, from what i know is that Hector have them made.

But they truly are amazingly handy!

 

hi Rex .. we might have a long wait ahead of us, my comments have disappeared from Hector's site.

this is the chart on which I was basing my questions:

on the 30M, the NZ-CH looking best for a short .. in fact the NZ very weak on both the 5M & the 1H, as well as on the Scanner below.

I felt that it would have been a better short @ where I put the 2 yellow arrows .. but what happened next @.6425???

it went UP! simply becoz as I saw it, the downtrend was already too far extended at the time of the "ideal" configuration.

if I am missing something, I shall be happy to learn. like I said before, the concept is not without some appeal.

Files:
system_4.gif  37 kb
 
TheManager:
Hello I am new to community, I dont have many EA's and are just learning how to trade and use them. I am still confused with MetaTrader. If someone could provide a good area to learn more about that platform that would be great. I have included a couple of EA's that I have acquired.

i can refer you to my coach. its all about orderflow strategy.

 

I cant open sir hector.