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  #1  
Old 25-03-2009, 05:12
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Default H8 Time frame (or any other time frame you wish)

Here you go! This is the Period Converter indicator. ( Found on Forex Factory) I am NOT the author.
Here is how you use it.
Drop it into your indicator folder just like any other indicator. Then re-start MT4.
For an 8 hour chart do the following:
Open a new H1 chart. Double click the Period converter indicator. When you get the preferences window, under the common tab, check ALLOW DDL INPUTS. Then under the INPUTS tab, find the PERIOD MULTIPLIER row, 3rd one down. Change that to 8. Then hit OK. Now back to the main window, under FILE find OPEN OFFLINE. You will find an H8 chart listed for the pair you started this process with. Open it. There you go. With this indicator you can create any chart time frame you want H8, M3, H5, M27, whatever your heart desires. Caution! you must keep the PRIMARY (in this case H1) chart open for the H8 chart to get live updates. Happy PIP hunting.
Attached Files
File Type: mq4 Period_Converter_Opt.mq4 (15.4 KB)
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  #2  
Old 25-03-2009, 05:18
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Default H8 example

Here is an example of the H8 charts with Ashfx2
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-gold-h8-3-23-09.gif  
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  #3  
Old 25-03-2009, 05:26
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Default Another example

Here is another good one, note the smooth waves on the H8 time frame.
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-eurgbp-h8-3-24-09.gif  
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  #4  
Old 25-03-2009, 05:49
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Default

@ Cabagpicker;

Thanks a lot buddy;

Now i can Trade Breakout base H8 Timeframe Joel Ritsznick.

Thank you guys
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  #5  
Old 25-03-2009, 13:05
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Default

good stuff CP - thank you :)
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  #6  
Old 01-05-2009, 00:58
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Default Another Winner!

Good example of why I like H8. Notice de mark Breakout.
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-gbpjpy-h8-4-30-09.gif  
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  #7  
Old 02-05-2009, 00:15
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Default

Quote:
Originally Posted by cabbagepicker View Post
Good example of why I like H8. Notice de mark Breakout.

Thanks cabbagepicker for the indicator and instructions, I am eager to use it. but in trading breakouts do you stick to the qualifiers ? and when do you enter position (after complete candle closure or...) :confused:
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  #8  
Old 03-05-2009, 23:50
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Default

Quote:
Originally Posted by usama1 View Post
but in trading breakouts do you stick to the qualifiers ? and when do you enter position (after complete candle closure or...) :confused:
Depends on what you mean by qualifiers. In tha attached photo there are 3 succesfull trades.2 shorts and 1 long. The "qualifiers I use are the PSAR, AO, and Stoch Histogram. I like to confirm that it has indeed broken the TDM trend line (making it a true "Break OUT"). I do not rely on the ASHfx indicator only, there are good trades that do not line up all at once. Yes, I only enter after the close of a candle.

PLEASE NOTE! On my chart the ASHfx indicator will occasionally give an arrow BEFORE the PSAR dot changes color. I have to decide whether to jump in at that point or wait for the PSAR to change. Always take in to concideration the overall trend, retrace, support and resistance.
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-audjpy-h8-5-3-09.gif  

Last edited by cabbagepicker; 03-05-2009 at 23:54.
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  #9  
Old 04-05-2009, 21:04
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Default

Hi cabbagepicker
this is an article talking about the qualifiers , I am still confused whether to follow them or just breaking the trend lines justify entering a position after candle closure.
BTW those arrows in your chart (of breakout not Ash signals) are indicator signal or you draw them yourself
Attached Files
File Type: pdf TDTL great breakout.pdf (388.1 KB)
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  #10  
Old 04-05-2009, 23:32
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Default Breakout rules

Quote:
Originally Posted by usama1 View Post
Hi cabbagepicker
this is an article talking about the qualifiers , I am still confused whether to follow them or just breaking the trend lines justify entering a position after candle closure.
BTW those arrows in your chart (of breakout not Ash signals) are indicator signal or you draw them yourself
Thanks for the question.
I DO NOT follow the TDM Qualifiers as decribed in the article.I simply want a close past the demark trend line. The small arrows you see are placed by the De Mark Indicator. This TDM indicator gives an arrow simply when the line is crossed, not when there is a close past the line. I prefer waiting for a close.
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  #11  
Old 05-05-2009, 21:06
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Default

Thanks for clarification
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  #12  
Old 06-05-2009, 22:12
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Default Thanks

Quote:
Originally Posted by cabbagepicker View Post
Here you go! This is the Period Converter indicator. ( Found on Forex Factory) I am NOT the author.
Here is how you use it.
Drop it into your indicator folder just like any other indicator. Then re-start MT4.
For an 8 hour chart do the following:
Open a new H1 chart. Double click the Period converter indicator. When you get the preferences window, under the common tab, check ALLOW DDL INPUTS. Then under the INPUTS tab, find the PERIOD MULTIPLIER row, 3rd one down. Change that to 8. Then hit OK. Now back to the main window, under FILE find OPEN OFFLINE. You will find an H8 chart listed for the pair you started this process with. Open it. There you go. With this indicator you can create any chart time frame you want H8, M3, H5, M27, whatever your heart desires. Caution! you must keep the PRIMARY (in this case H1) chart open for the H8 chart to get live updates. Happy PIP hunting.
Thanks Cabbagepicker...look forward to learning more, and then demo trading, before I commit real money!


freddx
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  #13  
Old 15-05-2009, 01:50
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Default 2 out of 3 ain't bad

Here are the latest tardes on the GbpJpy
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-gbpjpy-h8-5-13-09.gif  
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  #14  
Old 15-05-2009, 01:55
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Default But 3 out of 3 is even better

Here is a great set of trades on H8
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-nzdjpy-h8-5-13-09.gif  
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  #15  
Old 15-05-2009, 12:14
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Default

Quote:
Originally Posted by cabbagepicker View Post
Here is an example of the H8 charts with Ashfx2
Very useful! good. Thanks
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  #16  
Old 15-05-2009, 13:11
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Default nice

nice post, i like it
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  #17  
Old 29-05-2009, 06:19
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Default Early entry on UJ

Had 2 chances to get in early on the latest UJ long, lets hope it keeps rising.
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-uj-h1-5-28-09.gif  
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  #18  
Old 29-05-2009, 10:25
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Default H8 I will give it a try.

Thanks AshFX and cabbagepicker.

AshFX I installed your template, no problem.

cabbagepicker I installed the H8 indicator, that went good too. cabbagepicker I notice you had a gold trade. Who is you broker? Do you trade anything else beside gold and forex using this system?

cabbagepicker, using an H8 chart, what time do your charts starts 00:00 GMT? Wouldn't you want the first candle of the day to start at 00:00 GMT to be in sync with the markets, London, New York, Toyko?

I'll read the fourm and do my best to learn how to trade this system.

If you were starting out. What would say is the most important parts to learn first? What should I master? First, second, third? How do you get good at this?

Thanks for all your help.
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  #19  
Old 29-05-2009, 20:56
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Default Brokers, etc.

Thank you trade987,

I use ODL as my MT4 broker, demo only. They do not allow US clients anymore. I trade gold and silver with Oanda, and Forex pairs with MBT.

My days start at 00 gmt, so there are 3-8 hour candles per day. I am in Los Angeles, so right now my new day starts at 5pm PST.

You are doing the right thing by asking questions. The most important thing to learn is: You WILL NOT get rich quick! Think of this as a part time job. Go to school to learn the trade ( read forums, books, etc.)

Learn to master yourself. Learn what type of trader you are. Your personality. How much time do you really have to sit and watch a computer screen. How much risk can you handle. If loosing 5% of your account sends you into depression, then only risk 1% per trade ( I believe ASH only risks 1% per trade). I have a full time job, so it works for me to look at screens twice a day, once in the morning and once in the evening. Good luck.
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  #20  
Old 08-06-2009, 06:49
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Default Trade Journal Thread

Hello Cabbagepicker,

Have you considered keeping a trade journal thread?

It work sure help me. I lack the confidence to know good from bad.

I got out of the U/J trader early.

Anyway, thanks for your help.

trade987
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  #21  
Old 09-06-2009, 00:06
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Default Trading Journal

Quote:
Originally Posted by trade987 View Post
Hello Cabbagepicker,

Have you considered keeping a trade journal thread?
trade987
I have thought about it. It would make me be more consistant about my trading. The feeling of beeing responsible to others, etc.
Thanks for the reminder.
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  #22  
Old 09-06-2009, 04:52
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Default If you do, I'm with you

Hey Cabbagepicker,

If you posted play by play it would help us both. I'll give you feed back and ask questions. You will become a better trader. And I will learn this system. We both win. I'm doing good with Trading from Wisdom, WisdomFX on FF.
These Power Levels are accurate just like he says. Easy to trade.

Thanks for all your help

trade987
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  #23  
Old 14-10-2009, 21:49
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Default Still Lovin' H8

The gift that keeps on giving... Thanks Ash!!!
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-gch-10-14-09.gif  
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  #24  
Old 15-10-2009, 20:04
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Default

Does anybody know if the 8hr TF can be backtested?
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  #25  
Old 09-11-2009, 04:00
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Default Ash/ Demark breakout

Here is another good example of an ASH + demark Breakout ;)
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-audcad-11-9-09.gif  
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  #26  
Old 24-11-2009, 22:52
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Default follow this thread

Quote:
Originally Posted by cabbagepicker View Post
Here is another good example of an ASH + demark Breakout ;)
Hi Cabbage
I'll follow this Thread too
I'm really interested on H8 TF
I've got a demanding work,and I like a lot higher TF

...dreamin' of a consistent weekly system,but it is just a dream:rolleyes:

anyway

not bad your stochastic mixed with AO

but what 's about the other indi on your chart?
I don't know it at all
is it good ?
I'm sure it is

I think the best way to learn for us is to watch your H8 charts,please post here if u can

have a great Thanksgiving
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  #27  
Old 25-11-2009, 05:16
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Default Mystery Indicator

Quote:
Originally Posted by swissforex View Post
Hi Cabbage

but what 's about the other indi on your chart?
I don't know it at all
is it good ?
I'm sure it is

I think the best way to learn for us is to watch your H8 charts,please post here if u can

have a great Thanksgiving
Here you go, it is another great Swingman indicator.
Attached Files
File Type: ex4 smSuper TRIX_PV_4col.ex4 (11.4 KB)
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  #28  
Old 30-11-2009, 10:21
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Default some tip?

Thank u cabbage

I've attached to my H8 charts your indi

Now I've to learn how it works!
that's the though part I guess :)

-I know it's hard to ask a Trader to unveil his secrets but..-

Would u be so kind to post here your potential entries ?
it would be a great help for a newbie like me(newbie for this timeframe :p)

(and I've got a stressfull -demanding job -like you-so i couldn't take all your tips at the right time:()

a few trades could help me to understand how to filter good signals

or you would rather prefer PM me?

the aim is to become a good H8 Trader,like you,and to match my entries with yours,to help each other

I hope u like it

have a nice pips
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  #29  
Old 30-11-2009, 15:24
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Default 2 entries

Hi

still educating myself..

What do u think about these 2 potential entries?
please share your thoughts
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-audusdh8.jpeg   H8 Time frame (or any other time frame you wish)-usdcadh8.jpeg  

Last edited by swissforex; 30-11-2009 at 15:24. Reason: typo
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  #30  
Old 30-11-2009, 18:49
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Default

Quote:
Originally Posted by swissforex View Post
Hi

still educating myself..

What do u think about these 2 potential entries?
please share your thoughts
I would be cautious about entering a trade where the candle closes in the opposite direction of the trade. Maybe enter with a limit order.
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  #31  
Old 30-11-2009, 19:03
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Default

Quote:
Originally Posted by swissforex View Post
Thank u cabbage

I've attached to my H8 charts your indi

Now I've to learn how it works!
that's the though part I guess :)

-I know it's hard to ask a Trader to unveil his secrets but..-
The Trix indicator is a great one. Some people just use the arrows for entry. With the 2 examples you give there would have been 4 out of 5 winners just using Trix arrows.
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  #32  
Old 30-11-2009, 19:24
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Default

anybody has statistics for different TF???
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  #33  
Old 01-12-2009, 17:00
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Default I'm in

Hi

I'm in with this entry

EURGBP H8
sell
p 0.9087
s\l 0.9133
t\p 0.9037

still educating myself..

what do u think about it?
Attached Thumbnails
H8 Time frame (or any other time frame you wish)-eurgbp_h8_gmt-18_55.gif  
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  #34  
Old 05-01-2010, 05:40
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Default

Hi All.. how is the performance on the 8Hr.

I am contemplating on the 8HR and the Daily TF. Any ideas if any of the performance is any much of a different?

Thanks.

Regards,
Gyfu
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  #35  
Old 06-01-2010, 10:09
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Default

Anyone here know if I can get a dashboard for 8HR Timeframe?
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  #36  
Old 06-01-2010, 13:54
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Default dashboard

Quote:
Originally Posted by Gyfu View Post
Anyone here know if I can get a dashboard for 8HR Timeframe?
None that I have seen, Swingman's works for H4 and Daily, etc, but no custom timeframes.
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  #37  
Old 15-01-2010, 00:14
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Default

Very good, thanks
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  #38  
Old 15-01-2010, 04:35
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Default And were back...

Wife leaving town again Monday for a month or so, so I will be back at this on Tuesday. Sorry for the slow return to trading, but family first as you know.:)
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  #39  
Old 18-04-2010, 00:41
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Default hi cabbage

Quote:
Originally Posted by cabbagepicker View Post
Wife leaving town again Monday for a month or so, so I will be back at this on Tuesday. Sorry for the slow return to trading, but family first as you know.:)
Hi cabbage
are you there?

What about your last trading months?

Did you trade good with H8 AshFx lately?

I'm back now

hope u reply soon :rolleyes:
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  #40  
Old 22-01-2011, 15:56
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Default 10 minute time frame conversion?

Does anybody know if its possible to convert to to minute time frame in mt4?
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