Sorry added the answer to your question in Post 24# "The ADR is based on period and not percentage." ATR of other time frames below a Day will change over the day. If based on daily ATR, will have to use day+1 to prevent it changing through the day. ...

DHR - Daily Half Range Strategy

I saw cpfleger pictures and thought the DHR indicator may need some attention regarding the pip target. The target lines seemed on the wrong side! The ADR can be wavey as it is set to current chart time per bar. So reflects movement of ADR during ...

DHR - Daily Half Range Strategy

Thank you for the positive feedback. I think it is important to also show the losing trade days for a balanced view of the strategy. image The picture above is of a losing trade. Yes the trade could have been taken a few bars back and reach 5 ...

DHR - Daily Half Range Strategy

lol! Your welcome. The rule is because of morning fakeouts and as volatility kicks in so does whiplash and can be caught out. But great result!. I was in on the first trade too, but stuck to the rules. :-( The rules are based on backtesting over the ...

DHR - Daily Half Range Strategy

Thank you. Are you using S&R for the TP?

DHR - Daily Half Range Strategy

Please could the indicator be shared or PM me. Thank you.

DHR - Daily Half Range Strategy

Updated and tested DHR Line indicator to include pip target and ADR Target. Will add multi time frame ADR at later date.

DHR - Daily Half Range Strategy

Agreed. I had thought of that as probably more pips to gain. But focusing on Daily for now as need to perfect one time frame before going on to another. Using 15M time frame but focusing on daily; use the 15M to see the inner working of the strategy ...

DHR - Daily Half Range Strategy

Thank you Erebus. The concept/idea and coding is of my design. I give credit to smilee89 who's threads and comments on FFF made me throw out the indicators (such as RSI, Bollinger Bands etc) as such, and concentrate only on price and think laterally ...

DHR - Daily Half Range Strategy

An example of trade yesterday and today: image The buy and sell line move dynamically during the course of the day as the High and Low of the day change. If the daily high increases so does the sell line. If the daily low decreases so does the buy ...

DHR - Daily Half Range Strategy

Thank you, really appreicate the help. Coded and works. Have not ventured into mql5 yet due the hassle of recoding everything! Wish there was a converter like there is in Tradingview pine-script; which converts from one version to another at the ...

Need help: Change EA from sleep to delay

Today's trade (24 Jan 2023), on EURUSD 15min chart: 1) TMA8 > TMA26, therefore looking for a put trade. 2) Hi to TMA26 is ~14 pips, so ok range. 3) TMA8 about to cross below TMA26. 4) Again price reached the 50% TP before focal point appeared (this ...

(binned per thread starter's request) Tillman Method Revisited

The next part is the obligatory arrow indicator for the method; not as simple as it may seem. Expert advisor has been made etc...

(binned per thread starter's request) Tillman Method Revisited

Any example of the method today (23 Jan 2023), on EURUSD 15min chart: 1) TMA8 > TMA26, therefore looking for a put trade. 2) Hi to TMA26 is 20-19 pips, so ok range. 3) TMA8 about to cross below TMA26. Waited about 2-3 hrs for this to happen; price ...

(binned per thread starter's request) Tillman Method Revisited

The technical details of the method: Note: This is a slow method as we are waiting for a specific event to occur first before making a decision to trade or not. The larger the timeframe the more pips between the low / high to focal point; therefore ...

(binned per thread starter's request) Tillman Method Revisited

The next indicator is the calculator which provides the calculations for the method from the focal point to the Hi and Lo in pips and monetary value. Adjust the input values for lot size being used for puts and calls and the target lot / pip size ...

(binned per thread starter's request) Tillman Method Revisited

Attached is template for above indicators. Change chart color, bar type etc as you feel. This is the basic template to start with; more advanced templates will be added as the method is explained further and the advanced indicators are added. This ...

(binned per thread starter's request) Tillman Method Revisited

Please find attached the Zigzag indicators used. ZigZag Ace is used to define the values of the high and low to the focal point. ZigzagExtras v1.5 BT is used to see the change to a new low / high looking at the breakouts. The ZigZag indicators use ...

(binned per thread starter's request) Tillman Method Revisited