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Indicators development for T101's not very simple method

  • Post# 1
  • Quote
  • First Post: Oct 7, 2008 12:00pm | Edited Jul 6, 2012 1:35am
Folks,
- this thread is for trader101's method ongoing indicators development

The method itself is here:
http://www.forexfactory.com/showthread.php?t=107119

Rules

Don't
- ask what the trader101's method is
- ask basic questions about how to install indicators
- ask basic questions at all. Hint: basic question typically begins with How.
- propose create an EA for this method
- ask to adjust indicators for your personal needs (colors, screen size, etc.)
- expect to receive a response on each of your PM
- expect me be posting very often

Do
- exchange ideas/codes how to use and/or improve indicators
- post your indicator here if you're sure it brings something innovative.
- report bugs, of course
- report you successful/unsuccessful trades using posted indicators with detailed explanation how they been used.


Now two new indicators:
1. T101_v1.12_orest.mq4
what's new:
- fixed JPY pairs for fxpro, but Julius says there are still issues because pips values on fxpro are different. So, don't use it on fxpro. Please check if it's usable on alpari.
- columns meanings are changed: now it does exactly what it says
it calculates data as 30d ago, 21d ago, 14d ago, This week, This day, 4h ago, 1h ago. It should give more accurate prospective.
- data updated every tick (if your chart moving of course)
- replaced Wingdings 3 font with Wingdings, so up/down arrows are visible for those w/o MS Office
- replaced default pairs with IBFX ones, so adjust them if yours are different

2. T101_Anchor_Signals_Orest_v1.01.mq4
It's moving indicator. It shows positive (for buys) and negative (for sells) signals if "Anchor event" occurs on time frame > 1h. So, it takes in to account Weekly, Daily and 4h time frames. Put it on 1min chart. Could be used in the same chart with T101_v1.12_orest.mq4. It's kind of resource consuming - if it's very slow on your computer adjust your number of bars on a chart (Options->Chart-> max bars in chart-> 3000). It has pop up alert (tested), sound alert (untested), email alert (untested). Play with it, would be great if somebody comes up with back testing ideas.

That's it for now...

UPDATE 10/12/2008

version 1.13 is out.
Indicator becomes expert advisor type. Now no delays in ticks. Don't put it in /indicators folder.
I pulled together some documentation.

UPDATE 10/17/2008
version 1.13 is out.
Multiple Time frames are implemented.

Folks,
I have update post#1. v.1.14 is released.

Here are timeframes which are available and could be set for each column in indicator's properties.

1 - 30d, 2 - 21d, 3 - 14d, 4-This week
5 - This day, 6 - 12h, 7 - 8h, 8 - 4h
9 - 2h, 10 - 1h, 11 - 30min
12 - 15min, 13 - 5min,14 - 1min

Defaults are the same as in the previous version.
I found it useful to have two charts open (depends on your machine power). One chart is Higher Time frames, another chart with Lower time frames. Chart with Lower time frames is always open and has also BuySellBasket indicator running.

Update:
v1.15
12/01/2009
Skyline generously fixed the code to be able to work correctly on 5dig. brokers.


V1.16_ADX
12/07/2009Removed white numbers and up/down arrows and inserted ADX data on the beginning (first column) and end of the period (second column)

Update
01/05/2010
Fixed rounding for totals


Update
10/06/2011
Cosmetic changes related to UI (drag-n-drop)

Update
15/05/2012
Changes related to slippage during opening/closing the trades
Attached Files
File Type: mq4 T101_v1.12_orest.mq4   30 KB | 4,088 downloads
File Type: mq4 T101_Anchor_Signals_Orest_v1.01.mq4   19 KB | 5,135 downloads
File Type: doc T101_v.1.13_orest.doc   65 KB | 7,061 downloads | Uploaded Oct 12, 2008 6:50pm
File Type: mq4 T101_v1.13_orest.mq4   50 KB | 3,692 downloads | Uploaded Oct 12, 2008 6:50pm
File Type: mq4 T101_v1.14_orest.mq4   48 KB | 4,906 downloads | Uploaded Oct 17, 2008 11:22am
File Type: mq4 T101_v1.15_orest.mq4   49 KB | 3,423 downloads | Uploaded Dec 1, 2009 3:21pm
File Type: mq4 T101_v1.16_ADX_orest.mq4   55 KB | 3,924 downloads | Uploaded Jan 5, 2010 6:53pm
Cool
Thanks Orest, very nice Job

What are the recommended or tested MT4 brokers for this Indi ??
Carpe Diem :peace:
Good job! Thanks, i will test it.
{Promotion Removed}
Thank you for the update.. too bad the thread has closed - but hey - i hope we are all in touch! - at least we will be...

today was a pretty choppy day though.. crazy volatility... think market i guess... very thin and dangerous!
Quoting Orest
Folks,
- this thread is for trader101's method ongoing indicators develpment

The method itself is here:
http://www.forexfactory.com/showthread.php?t=107119

Rules

Don't
- ask what the trader101's method is
- ask basic questions about how to install indicators
- ask basic questions at all. Hint: basic question typically begins with How.
- propose create an EA for this method
- ask to adjust indicators for your personal needs (colors, screen size, etc.)
- expect to receive a responce on each of your PM
- expect me be posting very often

Do
- exchange ideas/codes how to use and/or improve indicators
- post your indicator here if you're sure it brings something innovative.
- report bugs, of course
- report you successful/unsuccessful trades using posted indicators with detailed explanation how they been used.


Now two new indicators:
1. T101_v1.12_orest.mq4
what's new:
- fixed JPY pairs for fxpro, but Julius says there are still issues because pips values on fxpro are different. So, don't use it on fxpro. Please check if it's usable on alpari.
- columns meanings are changed: now it does exactly what it says
it calculates data as 30d ago, 21d ago, 14d ago, This week, This day, 4h ago, 1h ago. It should give more accurate prospective.
- data updated every tick (if your chart moving of course)
- replaced Wingdits 3 font with Wingdits, so up/down arrows are visible for those w/o MS Office
- replaced default pairs with IBFX ones, so adjust them if yours are different

2. T101_Anchor_Signals_Orest_v1.01.mq4
It's moving indicator. It shows positive (for buys) and negative (for sells) signals if "Anchor event" occures on timeframe > 1h. So, it takes in to account Weekly, Daily and 4h timeframes. Put it on 1min chart. Could be used in the same chart with T101_v1.12_orest.mq4. It's kind of resorce consuming - if it's very slow on your computer adjust your number of bars on a chart (Options->Chart-> max bars in chart-> 3000). It has popup alert (tested), sound alert (untested), email alert (untested). Play with it, would be great if somebody comes up with backtesting ideas.

That's it for now...
This is great idea Orest to continue T101 improvement, I have been watching and silently working on original thread where learned a lot and made good profit in last week.

I will not bother you as seen in original thread that cause hack of a problem and let master mind go away.

Thanks anyway, I do not need your reply.
Great thread Orest!
I haven't got the up/down arrows anymore, s/o with the same issue ?


Thanks Orest - top man!
If you don't see numbers either then set "Show direction " properties in the indi to true.

Quoting djmanu
Great thread Orest!
I haven't got the up/down arrows anymore, s/o with the same issue ?
Quoting Orest
If you don't see numbers either then set "Show direction " properties in the indi to true.
Thanks, it works
I've also tried the anchor change indicator, looks like to work pretty well but there were a lot of false daily signals today. We can see the limits of the method in range period.
Absolutely!
What's why T101 says he normally doesn't trade in days like this. The art is to identify them though and and not to jump the gun.


Quoting djmanu
Thanks, it works
I've also tried the anchor change indicator, looks like to work pretty well but there were a lot of false daily signals today. We can see the limits of the method in range period.
Quoting Orest
Absolutely!
What's why T101 says he normally doesn't trade in days like this. The art is to identify them though and and not to jump the gun.
Yes, I think we could use the anchor change indicator to identify this.
When we open it, we could see if there were a lot of differents signals on the Daily & 4h in the last few hours that day to decide not to trade anchors.
The question is now how to identify this exactly ...
I think it could also be nice to display the strong trend changes of the differents TF >= 4h on that graph to make the correlation between anchors changes and trend changes.
Just a few ideas ...
Edit:
Why not have 1 indicator/timeframe showing:
- Anchors changes
- Trend changes
- Buy profits (graph)
- Sells profits (graph)
- Difference without swap (graph)
I think it could become our best friend to backtest the method!
Hello Orest and to everyone else,

I'm in this tread from the beginning and I show respect to you and the other writers.
I didn't had any problems to understand you although of my bad english.
I need to translate everything with Google from the english language. It harms that it ran in such a way.

I wanted to know if it is possible to create a script like Buyall or Sellall where a window appears and where you can select one of these pairs and then confirm it, in this way you can choose what you like to trade. Sometimes I only want to buy or sell 10 or 12 pairs.

I don't know much about scripts and how to program them, but I think that here are a lot of very good Programmer.
I also don't know if it's possible to create such a script and if it would be helpful (In my opinion it would be helpful).

Thanks for your attention and I hope that Julius will still go on, even of all those rules.
Greetings
Aleks
Here is a low res version of v1.11 for IBFX.

Some colors are slightly changed. The way it works should be the same. But now you can see all colums.
Attached File
File Type: mq4 T101_v1.11_orest_IBFXm_low_res.mq4   30 KB | 1,782 download
I think there's a bug in the anchor change indicator, the daily top anchor became red, the bottom anchor became green and I had a Buy alert, 1hour earlier the top became green and bottom red and I had a SELL signal ...
Would it be possible that the signals are reversed ?
Orest, thanks for yoru great indicators!

I have a question, forgive me if this is a dumb one - i have really no knowledge of mql, but I am curious to understand this - In the anchor signals indicator, the buy and sell pairs are the ones that Julius suggested as default. However, further down, the code uses IBFX pairs as shown below:
"double GBPUSDm, EURGBPm, GBPJPYm, USDCHFm, NZDUSDm, AUDJPYm, EURJPYm;
double EURUSDm, USDJPYm, AUDUSDm, NZDJPYm, GBPCHFm, CHFJPYm, EURCHFm;"

Is this normal?

Quoting Orest
Folks,
- this thread is for trader101's method ongoing indicators development

The method itself is here:
http://www.forexfactory.com/showthread.php?t=107119


2. T101_Anchor_Signals_Orest_v1.01.mq4
It's moving indicator. It shows positive (for buys) and negative (for sells) signals if "Anchor event" occurs on time frame > 1h. So, it takes in to account Weekly, Daily and 4h time frames. Put it on 1min chart. Could be used in the same chart with T101_v1.12_orest.mq4. It's kind of resource consuming - if it's very slow on your computer adjust your number of bars on a chart (Options->Chart-> max bars in chart-> 3000). It has pop up alert (tested), sound alert (untested), email alert (untested). Play with it, would be great if somebody comes up with back testing ideas.

That's it for now...
hi,

sorry i have been through some post to understand the digits at the bottom on the indicator that has been created and understand that one of the 3 is the total of the buys + sells. What are the other 2?

i have not been able to find any info on them.

thanks,
vip
Quoting guess121
hi,

sorry i have been through some post to understand the digits at the bottom on the indicator that has been created and understand that one of the 3 is the total of the buys + sells. What are the other 2?

i have not been able to find any info on them.

thanks,
vip
Total of buys, total of sells ,buys+sells you should have figured out
Quoting Orest
Now two new indicators:
1. T101_v1.12_orest.mq4
what's new:
- fixed JPY pairs for fxpro, but Julius says there are still issues because pips values on fxpro are different. So, don't use it on fxpro. Please check if it's usable on alpari.
- columns meanings are changed: now it does exactly what it says
it calculates data as 30d ago, 21d ago, 14d ago, This week, This day, 4h ago, 1h ago. It should give more accurate prospective.
- data updated every tick (if your chart moving of course)
- replaced Wingdings 3 font with Wingdings, so up/down arrows are visible for those w/o MS Office
- replaced default pairs with IBFX ones, so adjust them if yours are different

2. T101_Anchor_Signals_Orest_v1.01.mq4
It's moving indicator. It shows positive (for buys) and negative (for sells) signals if "Anchor event" occurs on time frame > 1h. So, it takes in to account Weekly, Daily and 4h time frames. Put it on 1min chart. Could be used in the same chart with T101_v1.12_orest.mq4. It's kind of resource consuming - if it's very slow on your computer adjust your number of bars on a chart (Options->Chart-> max bars in chart-> 3000). It has pop up alert (tested), sound alert (untested), email alert (untested). Play with it, would be great if somebody comes up with back testing ideas.

That's it for now...
Orest, I will add the changes We spoke of that I made to your 1.11 to 1.12 also and post it in a bit. This in my opinion is why 1.11 is slightly different than T101s profitcalc. I have been running it for 24 hours and it is the same now. I need some sleep right now though. Do you want me to send it to you first, or just post it?
These are just variables names, don't worry - they could be anything.

Orest is not my real name, I just picked it, same with those variables.


Quoting shiva
Orest, thanks for yoru great indicators!

I have a question, forgive me if this is a dumb one - i have really no knowledge of mql, but I am curious to understand this - In the anchor signals indicator, the buy and sell pairs are the ones that Julius suggested as default. However, further down, the code uses IBFX pairs as shown below:
"double GBPUSlDm, EURGBPm, GBPJPYm, USDCHFm, NZDUSDm, AUDJPYm, EURJPYm;
double EURUSDm, USDJPYm, AUDUSDm, NZDJPYm, GBPCHFm, CHFJPYm, EURCHFm;"

Is this normal?
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