Comments on: Whittaker Volatility Breakout Indicator http://www.jeremywhittaker.com/2010/02/09/whittaker-volatility-breakout-indicator/ Building robots using MetaTrader to exploit the simplicity of the world Wed, 11 Jan 2012 04:05:07 -0700 hourly 1 http://wordpress.org/?v=3.3.1 By: s.p http://www.jeremywhittaker.com/2010/02/09/whittaker-volatility-breakout-indicator/comment-page-1/#comment-48 s.p Sun, 13 Feb 2011 18:51:42 +0000 http://www.jeremywhittaker.com/?p=552#comment-48 I would like to get in touch with Mike on this enquiry I would like to get in touch with Mike on this enquiry

]]> By: Jeremy http://www.jeremywhittaker.com/2010/02/09/whittaker-volatility-breakout-indicator/comment-page-1/#comment-13 Jeremy Mon, 01 Mar 2010 03:11:31 +0000 http://www.jeremywhittaker.com/?p=552#comment-13 I could potentially program it up for buy and down for sell. But that is not the purposes of this particular indicator. My purpose behind programming this was to determine market volatility. It is only one indicator in my toolset to determine buy or sell. As far as looking forward to spikes instead of living in fear of them I do not live in fear of spikes. Once you have a solid EA and you have backtested it you shouldn't have any concerns. I would recommend finding an indicator that breaks the highest high or lowest low and then enter. There is always a profitable way to play the market. It just depends on how you look at it. I could potentially program it up for buy and down for sell. But that is not the purposes of this particular indicator. My purpose behind programming this was to determine market volatility. It is only one indicator in my toolset to determine buy or sell.

As far as looking forward to spikes instead of living in fear of them I do not live in fear of spikes. Once you have a solid EA and you have backtested it you shouldn’t have any concerns. I would recommend finding an indicator that breaks the highest high or lowest low and then enter. There is always a profitable way to play the market. It just depends on how you look at it.

]]> By: Mike http://www.jeremywhittaker.com/2010/02/09/whittaker-volatility-breakout-indicator/comment-page-1/#comment-12 Mike Mon, 01 Mar 2010 00:21:37 +0000 http://www.jeremywhittaker.com/?p=552#comment-12 I am convinced that there is out there somewhere, or it's possible to create, an indicator which, when built into an EA, would detect spikes as they start and "ride" them to their conclusion with a trailing stop. This one looks as if it is almost there, but the bars need to go up for a buy trade and down for a sell trade.Is that possible? I tried an ROC indicator but no matter how high I set the trigger value it opened trades every few minutes, presumably because the value shoots skyward momentarily as soon as a change occurs, even if it doesn't register on the visual. A timer would have helped, so the value has to be sustained for x ticks or so, but that wasn't possible with the EA Builder I was using. Do you think it is worth pursuing? Wouldn't it be nice to be able to look forward to spikes occurring instead of living in fear of them? Regards Mike I am convinced that there is out there somewhere, or it’s possible to create, an indicator which, when built into an EA, would detect spikes as they start and “ride” them to their conclusion with a trailing stop. This one looks as if it is almost there, but the bars need to go up for a buy trade and down for a sell trade.Is that possible? I tried an ROC indicator but no matter how high I set the trigger value it opened trades every few minutes, presumably because the value shoots skyward momentarily as soon as a change occurs, even if it doesn’t register on the visual. A timer would have helped, so the value has to be sustained for x ticks or so, but that wasn’t possible with the EA Builder I was using.
Do you think it is worth pursuing? Wouldn’t it be nice to be able to look forward to spikes occurring instead of living in fear of them?
Regards
Mike

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