Change Your Thinking. Change Your Life - JD
SRDC Episode I 1,331 replies
SRDC II Channel of the day 74 replies
Discussion on Indicators pertaining SRDC 62 replies
SRDC II Journal for All 11 replies
SRDC II Charts posting and discussion pertaining to it 37 replies
Quoting granpaDislikedIgnored
Quoting AlexFXDislikedHey,
The info on the left top side will show the most recently imported indicator on your screen. So if you want to show the "OHLC" for instance, delete it then import it again and it will show.
Really, no applause necessary.
Beam the pips to me ScottyIgnored
Quoting compro99DislikedDid i miss something ?? How do i get the yesterday OHLC and range ??
Which indicator is that ?Ignored
Quoting 4rexDislikedLou,
I am using your SHI_Channel_True indicators since it seems to me that at this point it helps me keep this channel euphoria as simple as possible. One thing that I observed....it takes away from the upper left corner my OHLC indicator which also shows the daily range. Is there a way for SHI and the OHLC to share that corner? Others please feel free to solve it.
ThanksIgnored
Quoting Lou GDislikedIt seems to me that, no matter what type of valid channel (whether it is based on past highs and lows like SHI or best-fit lines like LRC) there will always come a time when the current data blows out through the top or bottom. These times, as we all know, are called reversals and cannot be predicted with certainty. If one uses SHI (which keeps on re-drawing thoughout the day) it's like shooting at a moving target - much harder to hit. If we draw a channel at midnight for the following day the market may change direction and leave the channel altogether.
Since all channel methods are similarly flawed, I hope we can all agree on one usable method (preferably one that can be created by an indicator) - we still have some distance to travel with SRDC 3 & 4 still to be revealed.
I don't like it any more than anyone else does but there is no Holy Grail of channels...Ignored
Quoting Lou GDislikedI'm still looking into writing an LRC indicator - does anyone know what values are used for each bar in the LRC formula. My first assumption would be that median price (H+L/2) is it but it's not good to assume...
Help me out here - there must be a math or statistics whizkid among us.Ignored
Quoting OrangeRoshanDislikedThe inevitable will happen, that is death! As good as any trader can be, this will happen to anyone. I for once believe this. This is the reason for designing a powerful EA is to replace us.
I know many Traders think ea trading will not work. I totally disagree 100%. Here is what I think:
There are not many Good traders out there who are not good programmers. Programming EA is not the same as actual trading. Many discreationery trading must be translated properly, not directly code to code, in a manner which the platform can understands, by using its limitation to your advantage.
Now, when a trader designed an ea to translate his method and discreanory trading, I bet, the reason why the EA failed ibecause its not coded properly or backtest in the wrong environment. Many typical ea programmer, do some backtest and fond out it doesnt work. They go around tell people, it cant do the job properly.
In making Ea, it's not just making the coding, but the creator of the original method must participate and backtest the result VISUALLY (this is why the Russian upgrage the new patch to strategy tester because they know the importance of this point), not once but until the ea is coded to the trader's satisfaction.
This may take hours and usually days and weeks. Looking at the visual and taking notes when the EA is executing the trades correctly and address the problem to the coder again and agan until 100% satisfied.
Not, look at a method, write a coding, test it a few times and said, the method tho profitable, but it cannt be EAed!! This is the biggest mistake. I could say, A SKILL IS A TERRIBLE THING TO WASTE!
When a method is working and the ea is not, then fixed the EA and find the answer. Before I open the SRDC I thread, I emailed more than 7 top notch programmers and asked them to collaborate with me and even teach me coding. Guess what, none replied!!
I saw their name in the championship complaining he tested his best EA many weeks and he dont understand why it doesnt perform! (wen you know his name please dont mentioned it). Has it not occured to him, that he may be one of the best coders around, but he may use the wrong method to be EAed as he is not a professional trader!
What happens when a PRO, collaborate with team of Excellent coders. He give away his method and a team of coders code and test the EA relentlessly together?
A Very powerful EA, one that could make you a very rich man.Ignored
Quoting compro99DislikedJedi Roshan,
If u really wanna make this into EA, get this guy 'codersguru' from http://www.xpworx.com/
He is really a guru in MQ4 but u need to pay.. ha.Ignored