Universal vforex System | Foreign exchange indicator download - MT4/MT5 resources
I believe this new system is really for all of us, if someone could help me code it, I think we could all relax a little more, either by automating it or just by the facilities it brings, this system covers some basic points
1: Elliott wave identification:
The calculator gives the percentages as well as the plot on the screen, if the next Elliott wave is likely to fall, then a red arrow will appear next to the Elliott wave, it is possible to do it by changing the zigzag, but without redrawing, this gained 15% in global percentages
2: Game Theory (Part 1):
Customized basic indicators to get only differences directly from Forex Factory Automation
If the difference in expected high impact news results is good, for example Japan PPI forecast 2 actual 4 then it has +2 points and the next news release Japan CPI forecast 3 actual -4 then it gets –1, +2 and -1 equals 1 positive point, do this every month or for every news release for a custom period this gives you 30% of the global percentage The points are summed and always give the total, they need to be charged in a predetermined pattern, with a period of 1 month, no standardization (so that the symbolic use here may never get an absolute buy or sell) only the sum points (basically positive or negative points), automatically detect the time difference from the forex factory to the computer, so the drawing is correct
3: Game Theory (Part 2)
Probability meter (custom indicators like nitro from wyfx, no histogram) histogram not only appears below the global percentage, for example all percentages of ind are: 90%, global weight is 15%
4: The chart on the left shows the following real-time news sources:
Central bank announcements (last few): 1 Bank: Greek economy bla bla, 2 Bank: Spain be damned, 3 bla bla
Credit Rating: (same as up)
Geopolitical Events (All Day Record: (Same as up but with different news feed or filter only for geopolitical events) 1 Obama to express a new plan in Washington 2 Iraqis bomb an oil tanker, etc.
5: Candlestick
Candelabra recognition is 20%
Something like this:
http://intelligenttradingtech.blogspot.mx/2010/06/quantitative-candlestick-pattern.html
http://www.hotcandlestick.com/candles.htm
http://www.forexhit.com/learn-forex/price-patterns.html
Among MT4 indicators with identification function
Just like the one I put here, almost every indicator can be found here or in mql4
6: Neural network and garch
Use the garch multivariable model to predict the radius and the neural network to predict the center and the combination gives the forecast, remember that in the garch model the most important are the highs and lows, not the opening or closing, and it is also necessary to state which model predicts, for example, the largest percentage change in actual prices within an hour, this is important because we are only looking for highs and lows, not openings and closings, EURUSD JPY, or mainly G10 Countries or countries with low spreads, this looks like nitro individuals, represents the possible changes in tf for 1 hour or for the current currency pair, also globally which financial instrument changes the most from the real price to the next bar, a separate part of the change percentage must be added to the global 20%, but remember that we need at least 10 bars
swopec.hhs.se/hastef/papers/hastef0669.pdf
http://ideas.repec.org/p/wpa/wuwpem/0004007.html
7: Broker Volume Indicator or Sentiment Indicator: Take the rest of the market orders as a whole, many brokers use indicators like volume spread analysis and get the percentage of longs and shorts among 50 brokers, there is a mt4i sentiment indicator that can prove the percentage of winners and losers, obviously if made with 50 brokers this becomes very interesting, especially going into market extremes, this one has no percentage
http://www.mt4i.com/connect/connect.aspx#sentiment
8: Obviously the global percentage will be what is used to execute trades but we need to optimize the best TF and SL/TP but I think it is downhill from 6th as most of what we are missing are support lines, resistance lines and channels
9: After optimization, the idea is to enter the price when the probability is higher and set a trailing stop of 20 pips supported by volume, trailing stop, but if the account ratio is higher, the risk/r may be 1:4
Or use top and bottom to use sl/tp
in conclusion:
1: We need a new fundamental indicator like the one I drew in the file I believe this can be done by pimping an indicator called Forex Pulse
http://www.forexeasystems.com/forex-...tool-fx-pulse/
2: We need a good neural network combined with garch radius to show possible results, I have provided links to see some useful information
3: We need Elliott wave identification
4: We need to adjust the pattern recognition indicator so that it picks up more patterns like the one in the link
5: We can use mt4i sentiment alone but I think using volume spread analysis as below
http://www.forexfactory.com/showthread.php?t=170432 Average among many brokers can help make things a bit more interesting
1: Elliott wave identification:
The calculator gives the percentages as well as the plot on the screen, if the next Elliott wave is likely to fall, then a red arrow will appear next to the Elliott wave, it is possible to do it by changing the zigzag, but without redrawing, this gained 15% in global percentages
2: Game Theory (Part 1):
Customized basic indicators to get only differences directly from Forex Factory Automation
If the difference in expected high impact news results is good, for example Japan PPI forecast 2 actual 4 then it has +2 points and the next news release Japan CPI forecast 3 actual -4 then it gets –1, +2 and -1 equals 1 positive point, do this every month or for every news release for a custom period this gives you 30% of the global percentage The points are summed and always give the total, they need to be charged in a predetermined pattern, with a period of 1 month, no standardization (so that the symbolic use here may never get an absolute buy or sell) only the sum points (basically positive or negative points), automatically detect the time difference from the forex factory to the computer, so the drawing is correct
3: Game Theory (Part 2)
Probability meter (custom indicators like nitro from wyfx, no histogram) histogram not only appears below the global percentage, for example all percentages of ind are: 90%, global weight is 15%
4: The chart on the left shows the following real-time news sources:
Central bank announcements (last few): 1 Bank: Greek economy bla bla, 2 Bank: Spain be damned, 3 bla bla
Credit Rating: (same as up)
Geopolitical Events (All Day Record: (Same as up but with different news feed or filter only for geopolitical events) 1 Obama to express a new plan in Washington 2 Iraqis bomb an oil tanker, etc.
5: Candlestick
Candelabra recognition is 20%
Something like this:
http://intelligenttradingtech.blogspot.mx/2010/06/quantitative-candlestick-pattern.html
http://www.hotcandlestick.com/candles.htm
http://www.forexhit.com/learn-forex/price-patterns.html
Among MT4 indicators with identification function
Just like the one I put here, almost every indicator can be found here or in mql4
6: Neural network and garch
Use the garch multivariable model to predict the radius and the neural network to predict the center and the combination gives the forecast, remember that in the garch model the most important are the highs and lows, not the opening or closing, and it is also necessary to state which model predicts, for example, the largest percentage change in actual prices within an hour, this is important because we are only looking for highs and lows, not openings and closings, EURUSD JPY, or mainly G10 Countries or countries with low spreads, this looks like nitro individuals, represents the possible changes in tf for 1 hour or for the current currency pair, also globally which financial instrument changes the most from the real price to the next bar, a separate part of the change percentage must be added to the global 20%, but remember that we need at least 10 bars
swopec.hhs.se/hastef/papers/hastef0669.pdf
http://ideas.repec.org/p/wpa/wuwpem/0004007.html
7: Broker Volume Indicator or Sentiment Indicator: Take the rest of the market orders as a whole, many brokers use indicators like volume spread analysis and get the percentage of longs and shorts among 50 brokers, there is a mt4i sentiment indicator that can prove the percentage of winners and losers, obviously if made with 50 brokers this becomes very interesting, especially going into market extremes, this one has no percentage
http://www.mt4i.com/connect/connect.aspx#sentiment
8: Obviously the global percentage will be what is used to execute trades but we need to optimize the best TF and SL/TP but I think it is downhill from 6th as most of what we are missing are support lines, resistance lines and channels
9: After optimization, the idea is to enter the price when the probability is higher and set a trailing stop of 20 pips supported by volume, trailing stop, but if the account ratio is higher, the risk/r may be 1:4
Or use top and bottom to use sl/tp
in conclusion:
1: We need a new fundamental indicator like the one I drew in the file I believe this can be done by pimping an indicator called Forex Pulse
http://www.forexeasystems.com/forex-...tool-fx-pulse/
2: We need a good neural network combined with garch radius to show possible results, I have provided links to see some useful information
3: We need Elliott wave identification
4: We need to adjust the pattern recognition indicator so that it picks up more patterns like the one in the link
5: We can use mt4i sentiment alone but I think using volume spread analysis as below
http://www.forexfactory.com/showthread.php?t=170432 Average among many brokers can help make things a bit more interesting
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