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Attachments: Trading FRAMA Ribbon only
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Trading FRAMA Ribbon only

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  • Post #1
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  • First Post: Oct 10, 2019 11:39pm Oct 10, 2019 11:39pm
  •  northwind
  • Joined Oct 2017 | Status: Member | 270 Posts
Based on the ideas from cfudge and the EA developed by JoeeF in cfudge's thread "Thanks Mladen & Mrtools (profitable system with 2 indicators)" this system uses only the FRAMA ribbon indicator(attached) to trade. Clean and simple.
It can be set to scalp in ranging conditions and set to ride longer time frames and trends.
A request for JoeeF to modify his EA to trade only FRAMA Ribbon.
Trade on the ribbon crossover signal.
User adjustable Lot Size, TL, SL, Trailing stop, Alerts.
Example of Frama H1 time frame on H1 chart.

Example of Frama H1 time frame on H4 chart.
Attached Images (click to enlarge)
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Name: Image1.png
Size: 29 KB Click to Enlarge

Name: Image2.png
Size: 33 KB
Attached Image
Attached File
File Type: ex4 frama ribbon 1.1 (arrows).ex4   40 KB | 705 downloads
Perfidious Pips
  • Post #2
  • Quote
  • Edited at 12:14am Oct 11, 2019 12:00am | Edited at 12:14am
  •  northwind
  • Joined Oct 2017 | Status: Member | 270 Posts
Frama period 10 on Frama Time Frame H1 on H1 chart.
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Name: Image1.png
Size: 27 KB
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  • Post #3
  • Quote
  • Oct 11, 2019 1:14am Oct 11, 2019 1:14am
  •  JoeeF
  • Joined Aug 2010 | Status: Member | 2,744 Posts | Invisible
Quoting northwind
Disliked
A request for JoeeF to modify his EA to trade only FRAMA Ribbon. Trade on the ribbon crossover signal. User adjustable Lot Size, TL, SL, Trailing stop, Alerts.
Ignored
Hello John,
I'll take a look at it as soon as I finish my daily routine.
Stay green,
Joe
Nostalgia for the future
2
  • Post #4
  • Quote
  • Oct 11, 2019 5:52am Oct 11, 2019 5:52am
  •  northwind
  • Joined Oct 2017 | Status: Member | 270 Posts
Quoting JoeeF
Disliked
{quote} Hello John, I'll take a look at it as soon as I finish my daily routine. Stay green, Joe
Ignored
Thank you Joe.
frama ribbon 1.1.mq4 is attached.
I don't have the mq4 source file for the frama ribbon 1.1 (arrows).
It was modified by someone else to add the user option to change from dots to arrows.
Is it possible to include this change in your code?
All the best,
John
Attached File
File Type: mq4 frama ribbon 1.1.mq4   11 KB | 403 downloads
Perfidious Pips
1
  • Post #5
  • Quote
  • Oct 11, 2019 8:16am Oct 11, 2019 8:16am
  •  sakultrader
  • | Joined Apr 2019 | Status: Member | 44 Posts | Online Now
You would like to trade all arrow? I wish you good luck...
  • Post #6
  • Quote
  • Oct 11, 2019 9:26am Oct 11, 2019 9:26am
  •  trieuVhh
  • Joined Feb 2019 | Status: (っ.❛ ᴗ ❛.)0 | 177 Posts
Quoting northwind
Disliked
Based on the ideas from cfudge and the EA developed by JoeeF in cfudge's thread "Thanks Mladen & Mrtools (profitable system with 2 indicators)" this system uses only the FRAMA ribbon indicator(attached) to trade. Clean and simple. It can be set to scalp in ranging conditions and set to ride longer time frames and trends. A request for JoeeF to modify his EA to trade only FRAMA Ribbon. Trade on the ribbon crossover signal. User adjustable Lot Size, TL, SL, Trailing stop, Alerts. Example of Frama H1 time frame on H1 chart. Example of Frama H1 time...
Ignored
Sorry can u tell more about logic behind this indicator, it look just like two ma crossover
  • Post #7
  • Quote
  • Oct 11, 2019 12:29pm Oct 11, 2019 12:29pm
  •  JoeeF
  • Joined Aug 2010 | Status: Member | 2,744 Posts | Invisible
Quoting northwind
Disliked
{quote} Thank you Joe. frama ribbon 1.1.mq4 is attached. I don't have the mq4 source file for the frama ribbon 1.1 (arrows). It was modified by someone else to add the user option to change from dots to arrows. Is it possible to include this change in your code? All the best, John {file}
Ignored
Output from both indicators seem to be the same. I might to use frama ribbon 1.1 (arrows) for better experiences in strategy tester.
Attached Images (click to enlarge)
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Name: Image1.png
Size: 20 KB Click to Enlarge

Name: Image2.png
Size: 19 KB
Nostalgia for the future
  • Post #8
  • Quote
  • Oct 11, 2019 12:38pm Oct 11, 2019 12:38pm
  •  northwind
  • Joined Oct 2017 | Status: Member | 270 Posts
Quoting trieuVhh
Disliked
{quote} Sorry can u tell more about logic behind this indicator, it look just like two ma crossover
Ignored
Hi TV,
Google search yields:
The FRAMA (Fractal Adaptive Moving Average) is an adaptive moving average that was developed by John Ehlers and attempts to follow significant price moves closely while remaining "flat" during consolidation and price ranges.
An advantage of the FRAMA is that it takes into account that markets are fractal and the FRAMA will dynamically adjust the lookback period based on this fractal geometry.
In short, it's a solid trend-trading indicator which helps analysts filter out consolidation periods and encourages traders to enter during trending markets.
Attached File
File Type: pdf FRAMA g Fractal Adaptive Moving Average.pdf   121 KB | 338 downloads
Perfidious Pips
4
  • Post #9
  • Quote
  • Oct 12, 2019 6:27am Oct 12, 2019 6:27am
  •  MoneyZilla
  • Joined Dec 2015 | Status: GAMBLER. pathological. (>!<) | 1,984 Posts
To filter the wrong buy signals in a sell movement, you guys can set an offset from both buy and sell signals. Thus, you might end up with at least 50% proper signals filtering and up to 90% totally wrong signals filtering.

I will give you an example. In a sell trend you get 11 sell and 10 buy signals. If you offset both with 30 pips. One cancels the other. Only the real sell ones will do trigger (not all 11 sells, maybe just 5-6 max out of 11) plus 1 or 2 of the fake buy ones (instead of 10 buys, in the example).

This will give you entirely different perspective in trading.

This is just a regular offset of a signal.

There is a far more advanced offset. I call it a smart offset. Once starting with the regular offset, I hope you can figure out the next step in the offset evolution. You just need to practice the standard offset first and maybe, at some point in time, you can see the smart one?
Jonny Hatinga. IQ 69.
3
  • Post #10
  • Quote
  • Oct 12, 2019 6:40am Oct 12, 2019 6:40am
  •  zuluremys
  • | Joined Apr 2019 | Status: Junior Member | 4 Posts
Christmas tree
  • Post #11
  • Quote
  • Oct 12, 2019 7:25am Oct 12, 2019 7:25am
  •  JoeeF
  • Joined Aug 2010 | Status: Member | 2,744 Posts | Invisible
Quoting MoneyZilla
Disliked
To filter the wrong buy signals in a sell movement, you guys can set an offset from both buy and sell signals. Thus, you might end up with at least 50% proper signals filtering and up to 90% totally wrong signals filtering. I will give you an example. In a sell trend you get 11 sell and 10 buy signals. If you offset both with 30 pips. One cancels the other. Only the real sell ones will do trigger (not all 11 sells, maybe just 5-6 max out of 11) plus 1 or 2 of the fake buy ones (instead of 10 buys, in the example). This will give you entirely different...
Ignored
Thank you for your input. Yes there are a lot of possibilities there. I'm able to implement them. Anyway firstly we need implement and prove basic functionality.
regards
Nostalgia for the future
1
  • Post #12
  • Quote
  • Oct 12, 2019 8:03am Oct 12, 2019 8:03am
  •  JoeeF
  • Joined Aug 2010 | Status: Member | 2,744 Posts | Invisible
Quoting northwind
Disliked
Based on the ideas from cfudge and the EA developed by JoeeF in cfudge's thread "Thanks Mladen & Mrtools (profitable system with 2 indicators)" this system uses only the FRAMA ribbon indicator(attached) to trade. Clean and simple. It can be set to scalp in ranging conditions and set to ride longer time frames and trends. A request for JoeeF to modify his EA to trade only FRAMA Ribbon. Trade on the ribbon crossover signal. User adjustable Lot Size, TL, SL, Trailing stop, Alerts. Example of Frama H1 time frame on H1 chart. Example of Frama H1 time...
Ignored
Quoting northwind
Disliked
{quote} Thank you Joe. frama ribbon 1.1.mq4 is attached. I don't have the mq4 source file for the frama ribbon 1.1 (arrows). It was modified by someone else to add the user option to change from dots to arrows. Is it possible to include this change in your code? All the best, John {file}
Ignored
Installation:
1) Put indicator (frama ribbon 1.1 (arrows).ex4) in indicators folder: \MQL4\Indicators
2) Put EA (JFFramaRibbon.ex4) in experts folder: \MQL4\Experts
3) Put XML config (JFFramaRibbon.xml) in common files folder: \MetaQuotes\Terminal\Common\Files (If someone isn't able to locate common files folder please look here.)

That's it.

Notes:
1) MT5 version isn't included. I haven't got MT5 version of the indicator.
2) In the next step I'll show how to use EA in strategy tester.

regards
Attached Files
File Type: rar JFFramaRibbon_v1.00_MT4.rar   245 KB | 248 downloads
File Type: zip JFFramaRibbon_v1.00_MT4.zip   245 KB | 220 downloads
Nostalgia for the future
4
  • Post #13
  • Quote
  • Oct 12, 2019 8:20am Oct 12, 2019 8:20am
  •  JoeeF
  • Joined Aug 2010 | Status: Member | 2,744 Posts | Invisible
Quoting JoeeF
Disliked
{quote} {quote} Installation: 1) Put indicator (frama ribbon 1.1 (arrows).ex4) in indicators folder: \MQL4\Indicators 2) Put EA (JFFramaRibbon.ex4) in experts folder: \MQL4\Experts 3) Put XML config (JFFramaRibbon.xml) in common files folder: \MetaQuotes\Terminal\Common\Files (If someone isn't able to locate common files folder please look here.) That's it. Notes: 1) MT5...
Ignored
Firstly, we need prove proper functionality of the EA. So we need set the same working period for traded symbol and FramaRibbon period. So we'll be able to check entries/exits visually on the chart. For example H1. We can use only one symbol for now - this is limitation of MT4 strategy tester.
Please see the screenshot of the XML config file.
Attached Image (click to enlarge)
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Name: Image1.png
Size: 83 KB
Nostalgia for the future
1
  • Post #14
  • Quote
  • Oct 12, 2019 8:32am Oct 12, 2019 8:32am
  •  landorra
  • | Joined Apr 2019 | Status: Member | 31 Posts
Is there someone planning for a mq5 version, please?
1
  • Post #15
  • Quote
  • Oct 12, 2019 8:36am Oct 12, 2019 8:36am
  •  JoeeF
  • Joined Aug 2010 | Status: Member | 2,744 Posts | Invisible
Quoting JoeeF
Disliked
{quote} Firstly, we need prove proper functionality of the EA. So we need set the same working period for traded symbol and FramaRibbon period. So we'll be able to check entries/exits visually on the chart. For example H1. We can use only one symbol for now - this is limitation of MT4 strategy tester. Please see the screenshot of the XML config file. {image}
Ignored
This is the last week.
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Size: 56 KB

Trades are properly executed. And we can check them on the chart.
Nostalgia for the future
1
  • Post #16
  • Quote
  • Oct 12, 2019 8:43am Oct 12, 2019 8:43am
  •  JoeeF
  • Joined Aug 2010 | Status: Member | 2,744 Posts | Invisible
Quoting JoeeF
Disliked
{quote} This is the last week. {image} Trades are properly executed. And we can check them on the chart.
Ignored
You can check log files:
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Nostalgia for the future
  • Post #17
  • Quote
  • Oct 12, 2019 8:55am Oct 12, 2019 8:55am
  •  JoeeF
  • Joined Aug 2010 | Status: Member | 2,744 Posts | Invisible
Quoting landorra
Disliked
Is there someone planning for a mq5 version, please?
Ignored
My framework is platform independent. I'm developing only one EA for both MT4 and MT5 terminals. So, I've got MT5 version of the EA.
Missing MT5 indicator is a issue ...
regards
Nostalgia for the future
1
  • Post #18
  • Quote
  • Oct 12, 2019 9:03am Oct 12, 2019 9:03am
  •  MoneyZilla
  • Joined Dec 2015 | Status: GAMBLER. pathological. (>!<) | 1,984 Posts
Quoting JoeeF
Disliked
{quote} Thank you for your input. Yes there are a lot of possibilities there. I'm able to implement them. Anyway firstly we need implement and prove basic functionality. regards
Ignored

Last post from me here.

Here is a visual example of what i mean.

Those signals in the red squares are being filtered and from a negative pips game on the first image, turns into a strategy with a positive pips game, thanks to the offset. Trading becomes quite different then...

There are various levels of filters. This is just level 1 - the basic level. I strongly recommend you to take this journey...
Jonny Hatinga. IQ 69.
1
  • Post #19
  • Quote
  • Oct 12, 2019 9:15am Oct 12, 2019 9:15am
  •  JoeeF
  • Joined Aug 2010 | Status: Member | 2,744 Posts | Invisible
Quoting MoneyZilla
Disliked
{quote} Last post from me here. Here is a visual example of what i mean. Those signals in the red squares are being filtered and from a negative pips game on the first image, turns into a strategy with a positive pips game, thanks to the offset. Trading becomes quite different then... There are various levels of filters. This is just level 1 - the basic level. I strongly recommend you to take this journey...
Ignored
Thanks again.
This is John's idea. I've created this EA for him. Maybe he will consider this ...

By the way the larger letters won't put more "power" to your posts ...
regards
Nostalgia for the future
  • Post #20
  • Quote
  • Edited at 10:31am Oct 12, 2019 10:13am | Edited at 10:31am
  •  northwind
  • Joined Oct 2017 | Status: Member | 270 Posts
Hi Joe,
Woke up this morning and found a pleasant surprise.
Thank you for the fast implementation. Really impressive.

A few days ago I ran script ForceLoadHistoricalData.
I'm not an expert using Strategy tester.
So, trying to run in strategy tester for 2019 year to last Friday, 2019.01.02 to 2019.10.13.
EA seems to think it is 2019.05.31.
EA in Strategy tester only took trades in June, July and August.

Can anyone show where I went wrong in Strategy Tester?
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