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Thread: Different Confirmation Techniques for Harmonic Patterns

  1. #51
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    Quote Originally Posted by Samtastico View Post
    Finally found it :-)

    Change the price in the indicator properties to ....

    price =
    // 0 - Close
    // 1 - Open
    // 2 - High
    // 3 - Low
    // 4 - Median
    // 5 - Typical
    // 6 - Weighted


    Attachment 2031

    Attachment 2032

    It looks good.... let me know what you guys think.
    Thank you very much for your help and advice I really appreciate it.
    Hi Samtastico,
    Thanks for the indi. I'll try it out and let you know. Many thanks.


    Mike
    Samtastico and Mohammad9508 like this.

  2. #52
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    HI Samtastico,
    I put the two RSIs on a chart, set one to high and one to low, (both period 4), but the only one which produced signals was the RSI set to 'high'. The RSI set to 'low' never gave any signals at all. See attached chart.

    Any ideas why this should be? It's no big problems, I can always go back to looking at two RSIs in the same window.

    Cheers,


    Mike
    Attached Thumbnails Attached Thumbnails Different Confirmation Techniques for Harmonic Patterns-price-low.gif  

  3. #53
    Wizard
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    @blott: could you please attach here the tradeguider vsa indicator?
    Samtastico likes this.

  4. #54
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    Quote Originally Posted by kor4x View Post
    @blott: could you please attach here the tradeguider vsa indicator?
    Here they are:-
    Attached Files Attached Files

  5. #55
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    Quote Originally Posted by blott View Post
    HI Samtastico,
    I put the two RSIs on a chart, set one to high and one to low, (both period 4), but the only one which produced signals was the RSI set to 'high'. The RSI set to 'low' never gave any signals at all. See attached chart.

    Any ideas why this should be? It's no big problems, I can always go back to looking at two RSIs in the same window.

    Cheers,


    Mike
    I have sent you a PM with my Skype address on.
    Perhaps we can work together to get this indi right so we don't clutter up this section.

  6. #56
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    Very keen to see what you come up with. Please keep us posted. Thank you

  7. #57
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    Quote Originally Posted by blott View Post
    HI Samtastico,
    I put the two RSIs on a chart, set one to high and one to low, (both period 4), but the only one which produced signals was the RSI set to 'high'. The RSI set to 'low' never gave any signals at all. See attached chart.

    Any ideas why this should be? It's no big problems, I can always go back to looking at two RSIs in the same window.

    Cheers,


    Mike
    Okay the RSIs are now fixed.
    You will find one automatically set to price low and one set to price high.
    If you want to change the amount of signals you get change the over-brought and oversold price to 50 this will give you many more signals.
    Tweak this settings as required.

    Hope to hear your thoughts.

    RSI_Divergence_high.mq4
    RSI_Divergence_low.ex4

  8. #58
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    Volume Indi

    Hi All,
    Apologies for my mistake in not including the volume indicator. Here it is.


    Mike
    Attached Files Attached Files

  9. #59
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    Hi All,
    Although the RSI low indi now shows divergence, it failed to show a fairly obvious one which I have marked with a red line and '?'. I changed both the levels to 50 and it made no difference. Any ideas Samtastico?

    Mike

    Ignore left hand chart - right hand one with red line under price is the correct one.
    Attached Thumbnails Attached Thumbnails Different Confirmation Techniques for Harmonic Patterns-gbp-m15-no-rsi-low.gif   Different Confirmation Techniques for Harmonic Patterns-gbp-m15-no-rsi-low.gif  
    Last edited by blott; 08-13-2012 at 07:29 PM.

  10. #60
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    Quote Originally Posted by blott View Post
    Hi All,
    Although the RSI low indi now shows divergence, it failed to show a fairly obvious one which I have marked with a red line and '?'. I changed both the levels to 50 and it made no difference. Any ideas Samtastico?

    Mike

    Ignore left hand chart - right hand one with red line under price is the correct one.
    This is proving difficult.
    To be honest looking at the divergence of the trix seems to be giving me good solid signals along with the harmonic patterns etc.
    I will have to test it a little more but it might be a good alternative to the RSI.

    Samtastico.

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