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I also compiled file, but didn’t receive an error…
It seem to work and has in it’s own indicator-view better results than version before
fact is that a trend needs time to evaluate…we have to clear when there are whipsaw-movements which could get us out of the market
<h3 style=”color: #000000; font-family: ‘Times New Roman’; line-height: normal;”>Enter Noise</h3>
The “Clear Method” is used to determine when noise occurs. If, in an uptrend, price makes higher lows, it is trending upward. When it stops making higher lows and before a “clear” trend change occurs, noise takes the place of the trend.
In a downtrend, price makes lower highs. When that stops happening and before a trend change from down to up occurs, noise sets in.
In the above figure, the three bars on each panel with a green line drawn through them are the noise bars. I show them in magenta.
On the left panel, the three magenta bars have highs above the clear bar, but they are not yet clear of the lowest high, so they are noise. When the highest low happens, the trend changes from down to up and noise ends.
On the right panel, the three magenta bars have lower lows than the clear bar, but they are not clear of the lowest high. They are noise bars. When the lowest high occurs, a new trend begins and noise ends.
The Clear Method works best on the weekly scale.
Please tell me the way how to trade Clear Method. This method shows trend changes…and as I can see my chart show change of trend direction doesn’t it?
Problem of this trendfollowing strategy are “whipsaws”…Refering to that I tried to find an other mothod to filter this situations…
Nevertheless…If you think, that “my way” of trading or understanding this method is wrong please tell me or link to the article in which you exactly describe how to use it. MMaybe my point of view will change…
BR Marc
Hi together, please find attached information of a Screenshot which shows EURUSD H4 with Base-Trigger ClearMethod and Filter DMI Indicator
Is there any documentation (outside the forum) like a pdf or better word document with release numbers? this could help to add changes / innovations / current status…logc parts (entres 7 exits) etc?
Hi together,
I searched for more information from chart and ClearMethod-Indicator. I implemented a filter which should help to find better entries and exits. For entrys I only use ClearMethod…
Please find two screenshots one without filter and antoher one incl. a special MA.This is only an example…
In screenshot no 1 you can see all entries and exits made in Daily EURUSD from may till november 2015 (without filter).
1. Entry Short is a loss. 2. Entry Long is a loss. 3. Entry Short is a loss. 4. Entry Long is a loss.In screenshot no 2 you can see all entries and exits made in Daily EURUSD from may till november 2015 (with filter).
1. line…no entry…MA and CM are not in line. 2. line entry and exit when MA turns red (exit is much earlier and limits losses). 4. line Entry Short with smaller loss when MA turns green (keep in mind that entry happens on a sunday candle..check your broker…) 6. line entry long (sunday Candle) and exit with 15 pips win when MA turns red. Line 8 entry in direction of CM and exit in line 9 with loss…I know that this test is very bad, but I searched for an extreme condition and found out that this MA is a good filter…it’s called ‘NonLag ma nrp & mtf + alerts 2.01’. Please do not pay attention on these small arrows…this is another indie which i check…
BR Marc
Hi together,
I hope you’re all doing well and had a good start into 2016. Since one week I’m registered here at ‘pinguintraders’ and searched for several information, ideas and other stuff related to trading. I asked simplex if you can use my help for backtesting purposes or find other helpful stuff for your community ea.
From time to time I will send you information or add-ons for that ea. Nevertheless I’d like to congratulate you all for the effort in creating such an ea. I also made some backtest which were not so bad, but can be improved.
I will respond asap
BR Marc
Attached… G. ATTACHMENTS: ClearMethod_01.mq4 ClearMethodSignals_01.mq4
Hi, do you have a version which has an option to change Time-Settings?
BR Marc
