BW MFI.ex4 Error in Log File

[acceleratum]

It was not my intention to discourage anyone, feel free to explore the entire forum, just trying to help in this case since its related to old setup indicators outdated due to newer versions.

[Tomi]

Have you tried trading the H8's?

I guess you mean a custom chart with every candle is 8 hours of time? Haven't heard anyone trading that. But still it shouldn't matter much as the market is having a structure that can be scaled across the different timeframes. For example I have 12 seconds chart open and you can see market structure there in the same way as in weekly chart. In that sense H8 could be just as good as every other timeframe. But I would say it would be safest to take one of the standard timeframes like H1 and H4 and stick to those. That is because there are more traders using those timeframes and also technically all indicators and trading platforms work for those. Just a personal opinion..

If you meant by H8 something else.....i'll just crawl back to the cave and be silent ? ~o)

[arjanbg]

It was not my intention to discourage anyone, feel free to explore the entire forum, just trying to help in this case since its related to old setup indicators outdated due to newer versions.

I was wondering which indicator you use for the dots, because in your journal I can see that you using a dot indicator. I am currently using AIMS Entry Alert V5.3 http://www.itradeaims.net/forum/viewtopic.php?f=4&t=962. I thought V6 beta was a newer version http://www.itradeaims.net/forum/viewtop ... f=34&t=841. For some time i was using a 5.2 version wich was provided by SNORM ewave indicator. So what indicator do you use.

[baldeagle]

Pedro,

Thanks for the clarification. I think you bring up an important point. How do we know which are the most current indicators and which ones have problems? I thought the double arrow indicator (AIMS Setup 1 Version 2 Advanced ?) was more likely to produce a winning trade? Then I ran into problems and thanks to arjan I was able to find BWMFI indicator and stop the circular calls.

I also note on your journal that there is some kind of circles appearing on your charts. I have seen this on other charts . Is this a new update of the fruit or seed template?

Ed

[baldeagle]

Tomi,

Thanks for the offer of help. This is one of the reasons that AIMS is so great. We have a bottomless pit of information with so many members that will help us climb out that pit!

Yes, I am trying to trade the 8 hour charts using a period converter. I am still trying to figure out how to handle overnite movements when your markets open while I am sleeping. I think a trade manager is the way to go. Any suggestions?

Ed

[Tomi]

I think a trade manager is the way to go.

It depends on how your trade manager handles the trades. If your EA uses standard timeframes you have to configure it to H1 or H4 I guess. Check your EA how it works on custom charts. Make a study and see what approach works the best. I think we don't have exact answers here as H8 is a special timeframe.

[arjanbg]

Pedro,

Thanks for the clarification. I think you bring up an important point. How do we know which are the most current indicators and which ones have problems? I thought the double arrow indicator (AIMS Setup 1 Version 2 Advanced ?) was more likely to produce a winning trade? Then I ran into problems and thanks to arjan I was able to find BWMFI indicator and stop the circular calls.

I also note on your journal that there is some kind of circles appearing on your charts. I have seen this on other charts . Is this a new update of the fruit or seed template?



Ed

Ed how did you find the bwmfi indicator. I know it is standard in mt4 but what did you do to stop the error message.

Ps circles are updates from fruit and seeds. But they are only available on the hunt session. Which i unfortunalutly am not a member yet

[baldeagle]

Pedro,

I could not find where MT4 V600+ was hiding the Bill Williams indicators in the file list, so I copied the exact form of the indicator (something like bw mfi.ex4) that was being called and not found and causing the circular error . I then did a google search and download the indicator into the Custom indicator list and the problem went away. I am guessing that AIMS Setup 1 V2 Advanced could not find where MT4 V600+ had hidden the original mfi indicator either!

Ed