USEFUL TIPS on USING the LISPA Indicators can be found in the following post of this thread:
http://www.forexfactory.com/showpost...&postcount=233
Latest Addition: 08-AUG-08; Lag-Histo-ACS indicator released. <NEW>
Post # 219: http://www.forexfactory.com/showthre...27#post2153927
Addition: 21-JUL-08; Laguerre-ACS source code released.
Post # 214: http://www.forexfactory.com/showthre...77#post2120577
Update: 24-Apr-08; Added LaguerreMTF indicator.
(any Pair, any higher TF version attached here in the first post)
(Parameter details: http://www.forexfactory.com/showthre...71#post1967171 )
Update: 17-Apr-08; Added LISPA2MTF indicator. http://www.forexfactory.com/showpost...6&post=1957606
Update: 18-Feb-08; Added Lag-Watcher indicator.
Update: 14-Feb-08; Added IFT-RSI-ACS indicator.
Update: 02-Feb-08; Modified Chandra-SAS5.
Update: 23-Jan-08; Added ADX-DI indicator.
Hi All,
Here I will post some of my Indicators (only new Indicators).
Information on How to attach Indicators, How to change Indicator Settings and How to setup email can be found in my previous LISPA thread's first post:
( http://www.forexfactory.com/showpost...29&postcount=1 )
LISPA1 and LISPA2 were originally written for the following thread:
Simple Method of Scalping GBP/Jpy on 5 min chart - by Imran Sait
[[not only for scalping, not only for GBPJPY and not only for 5 min!]]
http://www.forexfactory.com/showthread.php?t=48926
Please leave your comments here.
chandra
================================================
1. LISPA2:
New version of LISPA2MTF is available in the following link:
http://www.forexfactory.com/showpost...6&post=1957606
(It just allows one to change all parameters and TF/Pair, but there is no change in strategy).
Version attached here: (29-NOV-07) [Last Modified: 29-Nov-07 11:30 PM EST][Prior Views: 68]
Here is the second edition of LISPA (for prior versions, see my earlier thread at the first link above). Similar to LISPA1, it generates several types of Alerts for Buy/Sell signals. This Indicator needs Laguerre-ACS1.ex4 to be present in the Indicators folder (no need to attach it, but if you have attached to a chart that is not a problem). It has optional MACD-Stoch, EMA25-EMA60 filters. It may miss some great moves due to difficulty to code for every possible conditions, but generates better quality signals (not fool-proof, but much better than earlier version).
* The EMail alert will not work on 1M charts.
Settings of LISPA2 are detailed in the following Link:
http://www.forexfactory.com/showpost...1&postcount=93
My ADDITION: One thing I have found is that, it is better to wait for the signal bar (the bar before the arrow) range to be broken by a couple of pips in our direction. This I consider as additional confirmation (in addition to others pointed out in Main thread). Take only good setups and leave the sharp moves and average/difficult/conflicting/counter-trend setups to experts! I think it works great on consolidation Breakouts and Rounded Top/Bottom. Choppy market can be a killer!
Disclaimer: This Indicator is only to simplify the work, not to eliminate the work! Use the Alerts as a time to start analysis, not as a time to enter immediately. PLEASE read the first post and the PDF of Main thread carefully and practice/demo trade first until you get the feel for the system before entering real trades.
Please leave your questions, suggestions and feedback about the programs here. The method related questions will be answered better in the Main thread.
Simple Method of Scalping GBP/Jpy on 5 min chart-by Imran Sait
http://www.forexfactory.com/showthread.php?t=48926
Additional Alert codes for Lag can be found at the following links:
http://www.forexfactory.com/showpost...postcount=5774
http://www.forexfactory.com/showpost...postcount=6304
================================================
2. Laguerre-ACS1:
It is my new variation of Laguerre. It simply has the option to plot the MA for Laguerre itself. Normally Laguerre had only one variable, the gamma. To get faster signal we had to use lower gamma, which produced fakes often. If we increased the gamma, the fakes were avoided, but there was a considerable delay to get the signal. I thought about the ways to improve the noise/delay problem. Usually I like to try MA to everything and here it seemed to help quite a bit. I checked it for the past few days. Still False signals are there, but Fakes (lasting just one or two bars) are almost fully eliminated. Using just 2-bar MA does a good job, almost without any delay (at worst case there is a single bar delay).
* A very minor problem of displaying a second value was corrected (25-Oct-07 20 ET)
To use this indicator inside other indicators or EAs, use the following line of code:
iCustom(Symbol(), 0, "Laguerre-ACS1", gamma, 200, 2, 0, i)
This will give the Lag value for the i-bar (i bars to left from current bar; 0 = current bar). Better to use closed bar values (i+1). Adjust the settings and maximum bars=200 as needed. You can get value for any timeframe Lag (but it will be a bit complicated to calculate old values for different timeframes than the chart timeframe). In that case you can use LaguerreMTF found here, with the following line of code:
iCustom(Symbol(), 0, "LaguerreMTF", gamma,TimeFrame, 200, 2, "0", 0, 0, 0, i)
To learn the details of how to use Laguerre successfully, visit the following thread. At least read the first post there very thoroughly (it is not just for scalping):
Simple Method of Scalping GBP/Jpy on 5 min chart-by Imran Sait
http://www.forexfactory.com/showthread.php?t=48926
============================================
3. Chandra-SAS5: Chandra-Signal-Alert-System5: It can do 5 things! <Update: 02-Feb-08>
(Replaces old Chandra-SAS5; views 507)
(Replaces Chandra-SAS3; views 381)
(SAS3 Replaced Chandra-SAS2; views 999)
This is next version of my earlier alert system. * The EMail alert will not work on 1M charts.
* This system can make alerts for MACD-crossovers. Use this for EMA crossover also!.
* This can make alerts for Horizontal S/R line break or Pivot line break (EMA can be used)*.
* This makes alerts for Stoch-signal line or Stoch-50 level crossover.
* This system also can monitor other signal generating Indicators and make ALL the LISPA type alerts when that Indicator generates a new signal.
* Some signal generating Indicators make the signals in such a way that no other program can read. Such Indicators cannot be monitored. Currently, this can be used to monitor ASCTrend1sig-imran.ex4 or MT4-LevelStop-Reverse (others also can be used if you know the details of that program). The later generates signals in a hidden way and so I had to change the original code (to MT4-LSAR.ex4 which is also attached here).
* This system can be used with Indi_Name either "0" or "1" or "2" or "3" or "4" (simple 'names'! You can use whole name also). The details of these Indi_Name options are:
0 = MACD or EMA (MACD-crossover); Use Input1, Input2, Input3 to define MACD. Input4 is used as option to use the signal line cross (0 or negative input) or zero-level cross (1 or above). Defaults=12,26,9 (signal line cross, which is traditional histogram zero-cross). For MACD crossing the zero level (or EMA crossover, which is same as MACD crossing zero level), define the Input4 = 1. For example, using Inputs1-4 as 60,200,1,1 will give 60-200-EMA-crossover signals/alerts.
1 = ASCTrend1sig-imran. To change the Risk input, use Input1. (default=3).
To use 1, you should have the file ASCTrend1sig-imran.ex4
(get it from http://www.forexfactory.com/showpost...postcount=2341 )
2 = MT4-LSAR. To change ATRPeriod and ATRMultiplier, use Input3 and Input4 (defaults=9,3). To use 2, you should have the file MT4-LSAR.ex4 (attached here).
3 = Breakout (Horizontal line breaks). The H-Lines should be drawn and placed where needed. If no H-Line is present, the daily Pivot Point will be used. If one H-Line is present, that will be used. If two or more lines are present, the highest line will be used for up-break and lowest line will be used for down-break. It will automatically search for all H-Lines and make the decision (No need to name the lines)! The Input data are as follows:
Input1 = 0; (Breakout pips; default = 1.5*Spread or max 10 pips).
Input2 = 0; (define EMA Bars; default = 1, which is no-EMA, just Close price).
Input3 = 0; (horizontal Text Position of Price Levels; default = 300).
Input4 = 0; (vertical Text Position of Price Levels; default = 2).
* CANNOT be used for historical testing.
* CANNOT be used with most Auto-Pivot indicators, because they use dozen H-Lines to plot pivot levels!
If you want a pivot plotter that does not use H-Lines, visit the following old thread: http://www.forexfactory.com/showthread.php?t=5538
4 = Stoch (Stoch-crossovers). Use Input1, Input2, Input3 to define Stochoistics. Input4 is used as option to use the signal line cross (0 or negative input) or 50-level cross (1 or above). Defaults=14,3,3 (signal line cross). For StochHistogram crossing the zero level, define the Input4 = 1 (it is same as Stoch crossing the 50 level)..
============================================
4. Laguerre2-ACS1 (MTF_Laguerre with MA):
This is the modified version of my MTF_Laguerre. It can plot two lines. First line plots only for current chart timeframe. The TimeFrame for second line can be changed. The MA bars can be changed for both independantly. Some of the settings are given below (others are obvious):
TimeFrame2=0; (0 = current chart Timeframe; negative = next higher TimeFrame);
MA1 = 2; (two bar average for first Lag)
MA2 = 2; (two bar average for second Lag; better to increase when using higher TimeFrame)
MaxBars=1000; (should be increased for using much higher timeframe, such as 5M chart with 60M Lag!)
24-Nov-07 ==> Default settings changed to match Imran's new Settings. [Prior Views: 524]
4A. Laguerre3-ACS1: same as above, but plots three lines (two are MTF) (16-Dec-07).
----- TimeFrames are automatically calculated to be current + next higher two.
----- An important mistake in calculation for line 3 was corrected (26-Dec-07).
4B. LaguerreMTF: Any Pair, Any TimeFrame version (24-Apr-08).
(single MTF line version: 16-Dec-07; Prior Views: 858]
Parameter Details: http://www.forexfactory.com/showthre...71#post1967171
============================================
5. ADX-DI Indicator:
The Indicator is attached in the following link (I cannot add more than 7 files here):
http://www.forexfactory.com/showpost...&postcount=140
** This plots the difference between the +DI and -DI as Histogram. The color clearly shows who is dominating (bulls or bears; The resulting direction is exactly same as adding Bulls_Power+Bears_Power, even though the values will be different).
ADXDI_Bars = 14 (number of bars for ADX/DMI calculation).
MA_Period1 = 1 (for Moving Average of this difference; shown by a blue line).
Min_Difference = 5 (minimum difference to plot the histogram; if less, histogram will not be shown for that bar; filters out weak moves).
Min_DI_Level = 20 (minimum value at least one of the +DI or -DI must have; if less, histogram will not be shown for that bar; filters out weak moves).
============================================
6. IFT-RSI-ACS Indicator:
The Indicator is attached in the following link (I cannot add more than 7 files here):
http://www.forexfactory.com/showpost...&postcount=170
Here is my new IFT-RSI-ACS indicator.
Inverse Fisher Transform-RSI. It is similar to Laguerre-ACS1 we have been using. It can be used either alone or with LagRSI (to see if they agree). I have changed the scales to match our LagRSI and similar rules can be used with this also (either crossing 0.85/0.15 levels or 0.5 level). Just check it out.
============================================
7. Lag-Watcher Indicator:
The Indicator is attached in the following link (I cannot add more than 7 files here):
http://www.forexfactory.com/showthre...05#post1861905
(Check post 172 for a screenShot and post 174 for the Settings; post above and below there)
Here is my new Lag-Watcher indicator.
It gives well color-coded text signals for two Lags and EMA-Slope for chart timeframe or ANY timeframe (settings post has a mistake that states that "any higher TF", but actually ANY TF is correct). The color-coding is done just to help avoid getting in to wrong or counter trades.
Just check it out.
________________________________________________________
My earlier programs can be found at the following links:
1. LISPA1 & Chandra-Signal-Alert-System ==> http://www.forexfactory.com/showthread.php?t=51635
X. Trading Sessions (not mine) ==> http://www.forexfactory.com/showpost...postcount=3639
________________________________________________________
http://www.forexfactory.com/showpost...&postcount=233
Latest Addition: 08-AUG-08; Lag-Histo-ACS indicator released. <NEW>
Post # 219: http://www.forexfactory.com/showthre...27#post2153927
Addition: 21-JUL-08; Laguerre-ACS source code released.
Post # 214: http://www.forexfactory.com/showthre...77#post2120577
Update: 24-Apr-08; Added LaguerreMTF indicator.
(any Pair, any higher TF version attached here in the first post)
(Parameter details: http://www.forexfactory.com/showthre...71#post1967171 )
Update: 17-Apr-08; Added LISPA2MTF indicator. http://www.forexfactory.com/showpost...6&post=1957606
Update: 18-Feb-08; Added Lag-Watcher indicator.
Update: 14-Feb-08; Added IFT-RSI-ACS indicator.
Update: 02-Feb-08; Modified Chandra-SAS5.
Update: 23-Jan-08; Added ADX-DI indicator.
Hi All,
Here I will post some of my Indicators (only new Indicators).
Information on How to attach Indicators, How to change Indicator Settings and How to setup email can be found in my previous LISPA thread's first post:
( http://www.forexfactory.com/showpost...29&postcount=1 )
LISPA1 and LISPA2 were originally written for the following thread:
Simple Method of Scalping GBP/Jpy on 5 min chart - by Imran Sait
[[not only for scalping, not only for GBPJPY and not only for 5 min!]]
http://www.forexfactory.com/showthread.php?t=48926
Please leave your comments here.
chandra
================================================
1. LISPA2:
New version of LISPA2MTF is available in the following link:
http://www.forexfactory.com/showpost...6&post=1957606
(It just allows one to change all parameters and TF/Pair, but there is no change in strategy).
Version attached here: (29-NOV-07) [Last Modified: 29-Nov-07 11:30 PM EST][Prior Views: 68]
Here is the second edition of LISPA (for prior versions, see my earlier thread at the first link above). Similar to LISPA1, it generates several types of Alerts for Buy/Sell signals. This Indicator needs Laguerre-ACS1.ex4 to be present in the Indicators folder (no need to attach it, but if you have attached to a chart that is not a problem). It has optional MACD-Stoch, EMA25-EMA60 filters. It may miss some great moves due to difficulty to code for every possible conditions, but generates better quality signals (not fool-proof, but much better than earlier version).
* The EMail alert will not work on 1M charts.
Settings of LISPA2 are detailed in the following Link:
http://www.forexfactory.com/showpost...1&postcount=93
My ADDITION: One thing I have found is that, it is better to wait for the signal bar (the bar before the arrow) range to be broken by a couple of pips in our direction. This I consider as additional confirmation (in addition to others pointed out in Main thread). Take only good setups and leave the sharp moves and average/difficult/conflicting/counter-trend setups to experts! I think it works great on consolidation Breakouts and Rounded Top/Bottom. Choppy market can be a killer!
Disclaimer: This Indicator is only to simplify the work, not to eliminate the work! Use the Alerts as a time to start analysis, not as a time to enter immediately. PLEASE read the first post and the PDF of Main thread carefully and practice/demo trade first until you get the feel for the system before entering real trades.
Please leave your questions, suggestions and feedback about the programs here. The method related questions will be answered better in the Main thread.
Simple Method of Scalping GBP/Jpy on 5 min chart-by Imran Sait
http://www.forexfactory.com/showthread.php?t=48926
Additional Alert codes for Lag can be found at the following links:
http://www.forexfactory.com/showpost...postcount=5774
http://www.forexfactory.com/showpost...postcount=6304
================================================
2. Laguerre-ACS1:
It is my new variation of Laguerre. It simply has the option to plot the MA for Laguerre itself. Normally Laguerre had only one variable, the gamma. To get faster signal we had to use lower gamma, which produced fakes often. If we increased the gamma, the fakes were avoided, but there was a considerable delay to get the signal. I thought about the ways to improve the noise/delay problem. Usually I like to try MA to everything and here it seemed to help quite a bit. I checked it for the past few days. Still False signals are there, but Fakes (lasting just one or two bars) are almost fully eliminated. Using just 2-bar MA does a good job, almost without any delay (at worst case there is a single bar delay).
* A very minor problem of displaying a second value was corrected (25-Oct-07 20 ET)
To use this indicator inside other indicators or EAs, use the following line of code:
iCustom(Symbol(), 0, "Laguerre-ACS1", gamma, 200, 2, 0, i)
This will give the Lag value for the i-bar (i bars to left from current bar; 0 = current bar). Better to use closed bar values (i+1). Adjust the settings and maximum bars=200 as needed. You can get value for any timeframe Lag (but it will be a bit complicated to calculate old values for different timeframes than the chart timeframe). In that case you can use LaguerreMTF found here, with the following line of code:
iCustom(Symbol(), 0, "LaguerreMTF", gamma,TimeFrame, 200, 2, "0", 0, 0, 0, i)
To learn the details of how to use Laguerre successfully, visit the following thread. At least read the first post there very thoroughly (it is not just for scalping):
Simple Method of Scalping GBP/Jpy on 5 min chart-by Imran Sait
http://www.forexfactory.com/showthread.php?t=48926
============================================
3. Chandra-SAS5: Chandra-Signal-Alert-System5: It can do 5 things! <Update: 02-Feb-08>
(Replaces old Chandra-SAS5; views 507)
(Replaces Chandra-SAS3; views 381)
(SAS3 Replaced Chandra-SAS2; views 999)
This is next version of my earlier alert system. * The EMail alert will not work on 1M charts.
* This system can make alerts for MACD-crossovers. Use this for EMA crossover also!.
* This can make alerts for Horizontal S/R line break or Pivot line break (EMA can be used)*.
* This makes alerts for Stoch-signal line or Stoch-50 level crossover.
* This system also can monitor other signal generating Indicators and make ALL the LISPA type alerts when that Indicator generates a new signal.
* Some signal generating Indicators make the signals in such a way that no other program can read. Such Indicators cannot be monitored. Currently, this can be used to monitor ASCTrend1sig-imran.ex4 or MT4-LevelStop-Reverse (others also can be used if you know the details of that program). The later generates signals in a hidden way and so I had to change the original code (to MT4-LSAR.ex4 which is also attached here).
* This system can be used with Indi_Name either "0" or "1" or "2" or "3" or "4" (simple 'names'! You can use whole name also). The details of these Indi_Name options are:
0 = MACD or EMA (MACD-crossover); Use Input1, Input2, Input3 to define MACD. Input4 is used as option to use the signal line cross (0 or negative input) or zero-level cross (1 or above). Defaults=12,26,9 (signal line cross, which is traditional histogram zero-cross). For MACD crossing the zero level (or EMA crossover, which is same as MACD crossing zero level), define the Input4 = 1. For example, using Inputs1-4 as 60,200,1,1 will give 60-200-EMA-crossover signals/alerts.
1 = ASCTrend1sig-imran. To change the Risk input, use Input1. (default=3).
To use 1, you should have the file ASCTrend1sig-imran.ex4
(get it from http://www.forexfactory.com/showpost...postcount=2341 )
2 = MT4-LSAR. To change ATRPeriod and ATRMultiplier, use Input3 and Input4 (defaults=9,3). To use 2, you should have the file MT4-LSAR.ex4 (attached here).
3 = Breakout (Horizontal line breaks). The H-Lines should be drawn and placed where needed. If no H-Line is present, the daily Pivot Point will be used. If one H-Line is present, that will be used. If two or more lines are present, the highest line will be used for up-break and lowest line will be used for down-break. It will automatically search for all H-Lines and make the decision (No need to name the lines)! The Input data are as follows:
Input1 = 0; (Breakout pips; default = 1.5*Spread or max 10 pips).
Input2 = 0; (define EMA Bars; default = 1, which is no-EMA, just Close price).
Input3 = 0; (horizontal Text Position of Price Levels; default = 300).
Input4 = 0; (vertical Text Position of Price Levels; default = 2).
* CANNOT be used for historical testing.
* CANNOT be used with most Auto-Pivot indicators, because they use dozen H-Lines to plot pivot levels!
If you want a pivot plotter that does not use H-Lines, visit the following old thread: http://www.forexfactory.com/showthread.php?t=5538
4 = Stoch (Stoch-crossovers). Use Input1, Input2, Input3 to define Stochoistics. Input4 is used as option to use the signal line cross (0 or negative input) or 50-level cross (1 or above). Defaults=14,3,3 (signal line cross). For StochHistogram crossing the zero level, define the Input4 = 1 (it is same as Stoch crossing the 50 level)..
============================================
4. Laguerre2-ACS1 (MTF_Laguerre with MA):
This is the modified version of my MTF_Laguerre. It can plot two lines. First line plots only for current chart timeframe. The TimeFrame for second line can be changed. The MA bars can be changed for both independantly. Some of the settings are given below (others are obvious):
TimeFrame2=0; (0 = current chart Timeframe; negative = next higher TimeFrame);
MA1 = 2; (two bar average for first Lag)
MA2 = 2; (two bar average for second Lag; better to increase when using higher TimeFrame)
MaxBars=1000; (should be increased for using much higher timeframe, such as 5M chart with 60M Lag!)
24-Nov-07 ==> Default settings changed to match Imran's new Settings. [Prior Views: 524]
4A. Laguerre3-ACS1: same as above, but plots three lines (two are MTF) (16-Dec-07).
----- TimeFrames are automatically calculated to be current + next higher two.
----- An important mistake in calculation for line 3 was corrected (26-Dec-07).
4B. LaguerreMTF: Any Pair, Any TimeFrame version (24-Apr-08).
(single MTF line version: 16-Dec-07; Prior Views: 858]
Parameter Details: http://www.forexfactory.com/showthre...71#post1967171
============================================
5. ADX-DI Indicator:
The Indicator is attached in the following link (I cannot add more than 7 files here):
http://www.forexfactory.com/showpost...&postcount=140
** This plots the difference between the +DI and -DI as Histogram. The color clearly shows who is dominating (bulls or bears; The resulting direction is exactly same as adding Bulls_Power+Bears_Power, even though the values will be different).
ADXDI_Bars = 14 (number of bars for ADX/DMI calculation).
MA_Period1 = 1 (for Moving Average of this difference; shown by a blue line).
Min_Difference = 5 (minimum difference to plot the histogram; if less, histogram will not be shown for that bar; filters out weak moves).
Min_DI_Level = 20 (minimum value at least one of the +DI or -DI must have; if less, histogram will not be shown for that bar; filters out weak moves).
============================================
6. IFT-RSI-ACS Indicator:
The Indicator is attached in the following link (I cannot add more than 7 files here):
http://www.forexfactory.com/showpost...&postcount=170
Here is my new IFT-RSI-ACS indicator.
Inverse Fisher Transform-RSI. It is similar to Laguerre-ACS1 we have been using. It can be used either alone or with LagRSI (to see if they agree). I have changed the scales to match our LagRSI and similar rules can be used with this also (either crossing 0.85/0.15 levels or 0.5 level). Just check it out.
============================================
7. Lag-Watcher Indicator:
The Indicator is attached in the following link (I cannot add more than 7 files here):
http://www.forexfactory.com/showthre...05#post1861905
(Check post 172 for a screenShot and post 174 for the Settings; post above and below there)
Here is my new Lag-Watcher indicator.
It gives well color-coded text signals for two Lags and EMA-Slope for chart timeframe or ANY timeframe (settings post has a mistake that states that "any higher TF", but actually ANY TF is correct). The color-coding is done just to help avoid getting in to wrong or counter trades.
Just check it out.
________________________________________________________
My earlier programs can be found at the following links:
1. LISPA1 & Chandra-Signal-Alert-System ==> http://www.forexfactory.com/showthread.php?t=51635
X. Trading Sessions (not mine) ==> http://www.forexfactory.com/showpost...postcount=3639
________________________________________________________
Attached File(s)
Laguerre-ACS1.ex4
4 KB
|
6,205 downloads
MT4-LSAR.ex4
6 KB
|
4,800 downloads
|
Uploaded Oct 27, 2007 2:49pm
Laguerre2-ACS1.ex4
7 KB
|
4,932 downloads
|
Uploaded Nov 24, 2007 2:06pm
LISPA2.ex4
14 KB
|
4,569 downloads
|
Uploaded Nov 29, 2007 11:33pm
Laguerre3-ACS1.ex4
9 KB
|
4,347 downloads
|
Uploaded Dec 26, 2007 2:22pm
Chandra-SAS5.ex4
16 KB
|
5,202 downloads
|
Uploaded Feb 2, 2008 4:23pm
LaguerreMTF.ex4
6 KB
|
3,328 downloads
|
Uploaded Apr 24, 2008 12:03am