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Disclaimer and Warning.
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1. All of my share here is for educational purpose only.
2. All tools or systems share here ‘freely’ as is and with your own risk.
3. Past performance could not guarantee future result.
4. If sometimes in the future, someone contact you by e-mail or Private Messages or by other way of communications and acting or pretending like me, and asking for help and/or requesting money for any reason. Please IGNORE IT immediately.. and please post your finding / inform our forum admin.
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Hi Guys, I don’t know why this great forum not so active lately but I will try to continue my contribution here..
This one is just Moving Average Indicator, and since there’s no custom MA that use OHLC price, so I decided to create one with my own interpretation and understanding about Moving Average.
This OHLC MTF MA has several lines from M1 to D1 that you can set independently and also a diamond signal arrow that sometime could show you the direction of next candle.
You can use this custom formula MA just like standard MA, and to use ‘her’ correctly of course you must understand how to use MA as your trading tool.
the default setting of this OHLC MTF MA.
Daily Line with Period 5 to look at weekly trend,
H4 Line with Period 18 to look at 3 days trend.
H1 Line with Period 24 to look at 1 days trend.
M30 Line with Period 24 to look at 12 hours trend (half day).
M15 Line with Period 32 to look at 8 hours trend (1 market session range).
M5 Line with Period 48 to look at 4 hours trend.
M1 Line with Period 12 to look at 1 hour trend.
Default MA method : Linear Weighted.
You Can use this OHLC MTF MA from TF M1 to Daily. and the most different with other custom MA, if you put this MA to higher TF, ‘she’ will keep the lower TF lines ‘ratio’ just like when you use lower TF. That Meaning if price ‘cross’ M1 MA line, in TF M5 chart then you will see similar moment in higher TF chart too..
Well, as usual I will not share ‘just ordinary indicator’, I will only share tools that I think could help all of you to analyze your chart better..
In this early version, please forgive there’s no alarm whatsoever.. lol
This is ‘tool’ for you to learn line study, actually I can create just arrow for buy or sell signals indicators, but in my personal opinion, if you trading ‘only’ following an arrow direction then you will definitely missing opportunity to develop your own technical analysis skill capabilities and you can’t train your ‘visual memory’.
So, Guys feel free to post your questions or comments and advice here..
Enjoy and Wish You All The Best..
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/
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hi
oh thanks
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Thank you brother Kidas, love it
4 hour chart, little diamond, enter new candle open, set sl just few pips extra from the diamond and collect 10 pips (or more depending what system using ) -this could be called ” eyeball system “…. can not get much simpler…. as Nike said – just do it
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thanks Kiads as always ;)
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Looks very good my friend! Thanks for sharing!
Focus, Patience, Determination & Order in chaos
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Oh Kiads..Awesome. Always wanted a OHLC Ma ..
thank you
"A dream you dream alone is only a dream. A dream you dream together is a reality." (John Lennon)
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Gracias brother Kiads!
highest regards
fm
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Hi Guys, I don’t know why this great forum not so active lately but I will try to continue my contribution here..
Heh. I, for one, fell down the rabbit hole of reading old Transient Zone threads. My head is still swimming from so much information, and I have questions, but don’t want to clutter up this thread with them.
So, about OHLC MA:
First test, with a Renko chart, at three in the morning (hi from the States, btw), this is what I see:
(Pardon the old XixiTZ and Friday13th clutter; I never asked for the newer S&S indi.)Line congestion seems to act like a chop filter cloud, and M1 breaking free of the cloud seems to increase probability that entry will be into a new trend. Nice. This is just a first look, though, so more due diligence is warranted.
I notice that the diamonds usually but don’t always overlap with my TZ stars. Any thoughts on why they’d be similar-but-different?
Thank you for your experiment, as always. Even though it’s very busy to look at, it still manages to convey the sentiment of other timeframes without leaving a single chart. (Tsk. 4am; time for sleep.)
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Hi Brothers and Sisters, Thank for all response.. , Later I will try to explain some ‘way’ to look at this OHLC MTF MA..
Hi Guys, I don’t know why this great forum not so active lately but I will try to continue my contribution here..
Heh. I, for one, fell down the rabbit hole of reading old Transient Zone threads. My head is still swimming from so much information, and I have questions, but don’t want to clutter up this thread with them. So, about OHLC MA: First test, with a Renko chart, at three in the morning (hi from the States, btw), this is what I see:
(Pardon the old XixiTZ and Friday13th clutter; I never asked for the newer S&S indi.) Line congestion seems to act like a chop filter cloud, and M1 breaking free of the cloud seems to increase probability that entry will be into a new trend. Nice. This is just a first look, though, so more due diligence is warranted. I notice that the diamonds usually but don’t always overlap with my TZ stars. Any thoughts on why they’d be similar-but-different? Thank you for your experiment, as always. Even though it’s very busy to look at, it still manages to convey the sentiment of other timeframes without leaving a single chart. (Tsk. 4am; time for sleep.) Hi Brother, Yes ‘diamond’ signal use similar formula concept with sub sequencer ‘star’, only different in the way to look at the exactly same source of data (OHLC price).
As we know if we add median of High Low Prices, with median of Open Close Prices then divided by 2 we get ‘mean’ price of the candles, and by comparing this candles ‘mean’ with Linear Weighting average formula, we will get better direction bias than using only single price averaging process.
Have a nice week end and best regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/
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Thanx a lot, i was reading the “Price on Close” post from gg53 and i had throuble understanding it,
M1 Line with Period 12 to look at 1 hour trend.
shouldn’t this be 60 instead of 12.
btw, i enjoy reading your work, keep up the good work
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Thanx a lot, i was reading the “Price on Close” post from gg53 and i had throuble understanding it, M1 Line with Period 12 to look at 1 hour trend. shouldn’t this be 60 instead of 12. btw, i enjoy reading your work, keep up the good work
Ah.. Yes Brother, Thank You So much for the correction.., I meant for M5 the default is 48 period to look at H4 candle, or you could change to 12 period to look at H1, while M1 with period 12 is the secret ingredient..lol. because the ‘key’ of this OHLC MTF MA is M1.
‘They’ look only from H1 to the above.. and use secret sequences to communicate each other..
the common questions is, why don’t communicate with secure line encrypted line etc.., well even the most sophisticated way to communicate via encrypted electronic device still could compromised by others, so ‘they’ choose secret visual sign.. just like ancient civilizations.. lol.
btw forgive me, I can’t explain further about this conspiracy theory..hahaha… , but just to think about that, with this huge money involve in this kind of global business do you expect all of the parties involve to be honest and fair..?
This is just one of the ‘sequence’ we can’t do anything about this, just for general knowledge..
60/12 = 5
240/12 =20 / 5 = 4
1440/12 =120 / 5 = 24 / 4 = 6
10080/12 =840 / 5 =168 / 4 = 42 / 6 = 7
43200/12 =3600 / 5 =720 / 4 = 180 / 6 = 30
so, we get 12, 5, 4, 6, 7, and 30.
Have a nice week end guys..
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/
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This is one of example of OHLC MTF MA implementation, by using the higher TF lines to analyze lower TF chart.
Also you could ‘watch’ the highest or lowest ‘step’ from every TF lines, and observe what ‘future story’ they could tell to you.. and if you understand how to connect all of this step ‘lines’ and corners with my explanation about ‘angles’ in my geometrical charting videos.. it would be interesting stuff.. lol.
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/
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And.. how to deal with higher TF step up /step down configuration..
Lines setting still same with previous post..
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/This reply has been reported for inappropriate content.
Great explanation on its capabilities/usage.
highest regards…fm
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As always, fantastic stuff Kiads. Didn t think i would look at MA-s again, but here i m.
Thanks a lot!
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Thank you brother Kiads, I am learning new things everyday, very much appreciated
cheers
hannele
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Hi Brother, Yes ‘diamond’ signal use similar formula concept with sub sequencer ‘star’, only different in the way to look at the exactly same source of data (OHLC price). As we know if we add median of High Low Prices, with median of Open Close Prices then divided by 2 we get ‘mean’ price of the candles, and by comparing this candles ‘mean’ with Linear Weighting average formula, we will get better direction bias than using only single price averaging process. Have a nice week end and best regards MTH
Fascinating work. I find that comparing diamonds to stars is very interesting; they both sometimes predict a turn that the other does not.
Also, I’ve noticed that diamonds on higher TFs tend to ‘carry more weight’ than the ones on lower TFs, even if they show up on more than one TF. Is it possible to have the indicator draw a different colored diamond depending on which TF it shows up on? Much like TRO’s 3 level ZZ semafor, for example:
Thanks, as ever. You really are helping me/us see into the market differently.
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Subscribed.
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Trimas Bang Kiads,
Another great indicator, I’ll definitely will study and understand it during my trading activity next week.
Honestly, your previous transient/recurrent & sub-sequence indicators are really useful in my trading activity. I think now I have a better understanding about the after-effect and predicting the likely/probability of where price will travel next.
Thank you again
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Thanks again@Kiads
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Hi All, once again thank you for all constructive comments and advices..
Hi Brother, Yes ‘diamond’ signal use similar formula concept with sub sequencer ‘star’, only different in the way to look at the exactly same source of data (OHLC price). As we know if we add median of High Low Prices, with median of Open Close Prices then divided by 2 we get ‘mean’ price of the candles, and by comparing this candles ‘mean’ with Linear Weighting average formula, we will get better direction bias than using only single price averaging process. Have a nice week end and best regards MTH
Fascinating work. I find that comparing diamonds to stars is very interesting; they both sometimes predict a turn that the other does not. Also, I’ve noticed that diamonds on higher TFs tend to ‘carry more weight’ than the ones on lower TFs, even if they show up on more than one TF. Is it possible to have the indicator draw a different colored diamond depending on which TF it shows up on? Much like TRO’s 3 level ZZ semafor, for example:
Thanks, as ever. You really are helping me/us see into the market differently. Hi Brother, from coding point of view, Yes it could be done, but not inside this OHLC MTF MA indicator, because we don’t have enough buffers to do that.. , it should create another indicator that look up to diamond signal buffer of this indicator.. (buffer 7). just like 3 level ZZ semaphore (need 6 buffers)
Hope You Understand and best regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/
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Guys, please remember that diamond signal is ‘repaint’ until current candle close.. so never use it alone for your entry decision, You must always use it in relation with OHLC MA lines..
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/This reply has been reported for inappropriate content.
Thank you for always sharing. Your implementation also looks interesting.
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Hi Brother, from coding point of view, Yes it could be done, but not inside this OHLC MTF MA indicator, because we don’t have enough buffers to do that.. , it should create another indicator that look up to diamond signal buffer of this indicator.. (buffer 7). just like 3 level ZZ semaphore (need 6 buffers) Hope You Understand and best regards MTH
That completely makes sense. Thanks for your help, Brother.
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Hi Kiads, Hi everybody…
Glad to see new movement here, I usually pop in and out but I’ve very little time to sit and play lately. Case in point.. I started to write this morning when I got called away yet again… I just got back home turned off the phones and lock myself in my office. Maybe now I can finally catch up with whats happening here.. and as always I find Kiads has put things together again, Problem I have is that the last time I had to download .rar file, I also had to find software which off course came with a virus that the x virus protection let in, and total computer meltdown.., took a few days to find and fix, so if anyone can post as mq or zip file that would be of great help, I was trying experiment T3’s as stairs and even had and old indicator by Hartono Setiono, that built ohlc mtf ma stairs, but had to place multiples of same indi with different parameters on charts, and still was not able to really put anything half as nice and comprehensive as Kiads has. yet another great post, I don’t trade ma crosses but when used, for direction and probable targets, I don’t believe anyone should trade indis at all… but use indicators, we must understand that indis are to help traders to put together a picture of probable price movements, there is nothing written in stone in the markets as far as price for us but there are probabilities which may become easier to spot with the help of the indis offered by those that put forth their great work and ideas in this forum, for us to try and develop better probable trading supports. For example- I find Tz’s great as supply demand, SR and accumulation breakout areas, It gives a very good picture. Nevertheless I got some catching up to do and If I find anything that I believe will help I will post.
With much appreciated thanks to Kiads, Saver 0 and others here for their work in keeping this forum alive.
Lou
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