To anyone or all...
Does D1 work if you set the MinPercentAdrCup parameter to '0'?
Does D1 work if you set the MinPercentAdrCup parameter to '0'?
Money management: Capital needed per 0.07 USD per microlot 0 replies
The Volume Detective 411 replies
DislikedTo anyone or all... Does D1 work if you set the MinPercentAdrCup parameter to '0'?Ignored
DislikedTo anyone or all... Does D1 work if you set the MinPercentAdrCup parameter to '0'?Ignored
DislikedChart #1: Circle #1 -- The reason is because it hasn't met the %ADR requirement. Circle #2 -- Candle #2 didn't Open above the band Circle #3 -- Probably because it hasn't met the %ADR requirement.Ignored
DislikedHi R4M. I have seen it mentioned already, but I think that a "Min Distance Between Orders" variable, either as a pip value or %adr is a vital requirement for the EA, and the lack of it is what is making me only trade manually rather than use the EA (not that I dislike that necessarily)Ignored
Disliked{quote} @1qaz2wsx33 -- there are a few ways to address that: 1. Consecutive Candles Filter 2. Max Open Trades 3. MinPercentAdrCup 4. Percent ADR -- i.e. make the TMA bands a little further apart 5. Trade fewer pairs Yes -- MinDistanceBetweenOrders has been suggested and yes it could be pips, %ADR, time, whatever. But no one knows what the correct value(s) should be or whether it might be different for different pairs and time frames. And what if it is also dependent on market conditions, such that all combinations need to be recalibrated every couple...Ignored
Disliked{quote} R4M, I do understand that alot of those options often filter out close signals, but for me personally, it is like a common sense filter, as in if I were trading manually, had a trade running already, and got a new signal would I take it? If it is within 5 pips I would be inclined to say no I would not, it is just about reducing concentrated orders. If you were to answer yes then why not just double the lot size to begin with (and maybe half max trades) as it is obviously within your accepted risk parameters? Another reason would be that...Ignored
DislikedAnd for the Daily charts it now appears I have a bug to fix -- signals are not appearing intrabar when they should.Ignored
DislikedTo anyone or all... Does D1 work if you set the MinPercentAdrCup parameter to '0'?Ignored
Disliked@alblive, @Viktory, @Robot Trader, @skyway, @bishopdotun, @El1000... You know what? I found a good bug. I had been applying the MinPercentAdrCup filter to the previous bar (bar index '1') rather than the current bar (bar index '0'). If not for your persistence I would have definitely overlooked this. I'll have an updated version of the indicator and EAs before the market opens tomorrow. Again, thanks...Ignored
DislikedTrading RBA Strategy This strategy is built around the behaviour of price around midline of a centred TMA. Anyone than can code should be able to do this easily. Grab a centred TMA and follow the following steps: Draw the center line of the centered MA (NIH Centered TMA, Interpolate = false, W1, half length = 1) Mark the ADR distance from the midline Check if the daily candle pokes and closes above the ADR from the midline (Check this at end of day) If step 3 is true, trade towards the midline Repeat step 1-4 once everyday at end of day (open of...Ignored
Disliked{quote} @robots4me -- Another observation: With the R4M-BD-ADR indicator, if I set MinPercentAdrCup to 0, then every D1 candle outside the band/channel, shows the entry dot at its closure; so in that case, signals are working for each new candle independently from the previous one. In fact, the original strategy doesn’t need previous candles: {quote} ... or maybe you changed it along the way when I was not aware.Ignored
DislikedHello R4M! thanks for the hard work. qoute: The conditions are: 1. Previous bar closed above the band. 2. Current bar's Open tick is above the band. 3. The day's ADR cup is 70% full. With these conditions for an entry, I assume the MinPercentAdrCup is more prioritized than Consecutive Candles and Fractals as filters. So when MinPercentAdrCup is active (has value, not 0) it is better to use Original Recipe. Another thing, if using Original Recipe as entry condition, I think it is good to have minimum distance between entries as %ADR or pips as suggested...Ignored
Disliked{quote} @benjun9 -- I'm not sure that I follow. I don't think there are priorities. There are several conditions that have to be met. If all conditions are met then we have a signal. If any single condition is not met, then it is not a signal. With regards to Original Recipe -- yes, there can be several clustered signals. And it has been discussed in previous posts how to "thin-out" the number of signals. I am not inclined to add another setting that would need to be optimized per pair and time frame and for which no one knows the best value.Ignored
And some money-management useful additions to further automation:
- Please check my attached charts as proof of why that specific setting would help a lot, as @1qaz2wsx33 previously argued with you:
Disliked Hi R4M. I have seen it mentioned already, but I think that a "Min Distance Between Orders" variable, either as a pip value or %adr is a vital requirement for the EA, and the lack of it is what is making me only trade manually rather than use the EA (not that I dislike that necessarily) Ignored
Disliked {quote} @1qaz2wsx33 -- there are a few ways to address that: 1. Consecutive Candles Filter 2. Max Open Trades 3. MinPercentAdrCup 4. Percent ADR -- i.e. make the TMA bands a little further apart 5. Trade fewer pairs Yes -- MinDistanceBetweenOrders has been suggested and yes it could be pips, %ADR, time, whatever. But no one knows what the correct value(s) should be or whether it might be different for different pairs and time frames. And what if it is also dependent on market conditions, such that all combinations need to be recalibrated every couple... Ignored
Disliked {quote} R4M, I do understand that alot of those options often filter out close signals, but for me personally, it is like a common sense filter, as in if I were trading manually, had a trade running already, and got a new signal would I take it? If it is within 5 pips I would be inclined to say no I would not, it is just about reducing concentrated orders. If you were to answer yes then why not just double the lot size to begin with (and maybe half max trades) as it is obviously within your accepted risk parameters? Another reason would be that... Ignored
I think it's pretty evident:
Disliked{quote} @benjun9 -- I'm not sure that I follow. I don't think there are priorities. There are several conditions that have to be met. If all conditions are met then we have a signal. If any single condition is not met, then it is not a signal. With regards to Original Recipe -- yes, there can be several clustered signals. And it has been discussed in previous posts how to "thin-out" the number of signals. I am not inclined to add another setting that would need to be optimized per pair and time frame and for which no one knows the best value.Ignored
Disliked{quote} @robots4me -- Another observation: With the R4M-BD-ADR indicator, if I set MinPercentAdrCup to 0, then every D1 candle outside the band/channel, shows the entry dot at its closure; so in that case, signals are working for each new candle independently from the previous one. In fact, the original strategy doesn’t need previous candles: {quote} ... or maybe you changed it along the way when I was not aware.Ignored
QuoteDislikedIn fact, the original strategy doesn’t need previous candles: {quote} ... or maybe you changed it along the way when I was not aware.
Disliked@robots4me & bishopdotun: Here you have some "quality of life" improvements for the Dashboard and AllPairsEA: Only show the pairs set in the PairsToTrade option. Because for example, if I have metals on my MarketWatch, they appear on the Dashboard even of they are not selected in the PairsToTrade option. Open charts from the Dashboard, clicking on the letters of the pairs on the list (AUDJPY, GBPUSD, etc.). Performance: for computations, just check the close price of every M1 candle, instead of every tick, in groups of 7 pairs after 7 at a time....Ignored
QuoteDislikedas @1qaz2wsx33 previously argued with you: