Disliked{quote} You are taking the wrong approach to trading - like 99% of traders! The picture is literally telling us everything, but most of us can't see. {image}Ignored
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- Post #69,422
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- Jun 18, 2024 5:01pm Jun 18, 2024 5:01pm
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WoodenCoderBestTraderEv (.ex4/.ex5 files cannot be fixed)
- Post #69,423
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- Jun 18, 2024 5:10pm Jun 18, 2024 5:10pm
Without despair & distraught, focus on Patience to FRESH MOTiVES.
- Post #69,424
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- Jun 18, 2024 5:16pm Jun 18, 2024 5:16pm
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WoodenCoderBestTraderEv (.ex4/.ex5 files cannot be fixed)
- Post #69,426
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- Jun 18, 2024 5:43pm Jun 18, 2024 5:43pm
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{quote} envelope
I added another input for experimentation.
Play around with the inputs!
You can smooth the channel (envelopes) even more, and it still gives interesting ideas!
WoodenCoderBestTraderEv (.ex4/.ex5 files cannot be fixed)
- Post #69,429
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- Jun 19, 2024 3:19am Jun 19, 2024 3:19am
Without despair & distraught, focus on Patience to FRESH MOTiVES.
- Post #69,430
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- Jun 19, 2024 4:12am Jun 19, 2024 4:12am
{quote} BestTraderEV this indicator is perfect! The performance is excellent, it is light, even on multiple charts (4) it does not slow down mt4 and i n addition it is very faithful to luxalgo, or rather IS luxalgo!
- Post #69,431
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- Jun 19, 2024 4:21am Jun 19, 2024 4:21am
{quote} Hello Lukgoku, can you please show some chart examples of how you use this indicator? Perhaps some examples of market inefficiencies (fvg, ect.) will be greatly appreciated.
- Post #69,432
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- Jun 19, 2024 5:32am Jun 19, 2024 5:32am
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WoodenCoderBestTraderEv (.ex4/.ex5 files cannot be fixed)
- Post #69,433
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- Jun 19, 2024 5:32am Jun 19, 2024 5:32am
- Joined Jan 2012 | Status: Member | 1,776 Posts
{quote} Cooler Indikator! Ich habe einen weiteren Input zum Experimentieren hinzugefügt. Spielen Sie mit den Inputs herum! Sie können den Kanal (Hüllkurven) noch weiter glätten und es gibt immer noch interessante Ideen! {file}
- Post #69,434
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- Edited 5:51am Jun 19, 2024 5:41am | Edited 5:51am
- Joined Mar 2022 | Status: Member | 4,374 Posts | Online Now
{quote} works great now
WoodenCoderBestTraderEv (.ex4/.ex5 files cannot be fixed)
- Post #69,435
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- Edited 7:39am Jun 19, 2024 5:50am | Edited 7:39am
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WoodenCoderBestTraderEv (.ex4/.ex5 files cannot be fixed)
- Post #69,436
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- Jun 19, 2024 6:12am Jun 19, 2024 6:12am
- Joined Mar 2022 | Status: Member | 4,374 Posts | Online Now
{quote} works great now
This may be very important because this is a statistical approach.
I mean, what are You actually trading?
Which statistics (time period) is the more important one for Your context of trading?
WoodenCoderBestTraderEv (.ex4/.ex5 files cannot be fixed)
- Post #69,437
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- Jun 19, 2024 6:39am Jun 19, 2024 6:39am
{quote} Definitely, maybe I'll open a dedicated thread yet I don't know, but first just to understand it better I'd like to use the indicator that BestTraderEV is finishing coding with my strategy, be patient there's no hurry.
- Post #69,438
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- Jun 19, 2024 7:40am Jun 19, 2024 7:40am
- Joined Jan 2012 | Status: Member | 1,776 Posts
{quote} Also, the channel changes a bit depending on how many bars we use. This may be very important because this is a statistical approach. I mean, what are You actually trading? Which statistics (time period) is the more important one for Your context of trading?
I'm currently thinking about it (my buddy W0lfram knows a lot more about this and I'll definitely ask him)
whether you shouldn't set up two classifications of price changing using your interesting developments and former.
1. Extrema (no disasters) =red/green lines from NadarayaWatsonEnvelop from mq5 and
2. normal day blue lines, but curved like your Indi, a channel in sideways movements only.
Maybe we can achieve this with a little playing of the same Indis and different settings.
At least two outer lines via "NadarayaWatsonEnvelop from mq5" and
two inner lines via "NadarayaWatsonEnvelop from mq5" or twise "Nadaraya-Watson estimator-envolopes"
2ct
I had already tried changing the number of candles, 120:480 is visible; 480:960 makes no difference.
(Steep
thesis-just for fun: the market will retreat after two weeks.
- Post #69,439
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- Jun 19, 2024 8:18am Jun 19, 2024 8:18am
{quote} hope lukgoku doesn't take it as interference. He has stated his specific wishes and I find that very interesting and will continue to monitor it. I'm currently thinking about it (my buddy W0lfram knows a lot more about this and I'll definitely ask him) whether you shouldn't set up two classifications of price changing using your interesting developments and former.{image} 1. Extrema (no disasters) =red/green lines from NadarayaWatsonEnvelop from mq5 and 2. normal day blue lines, but curved like your Indi, a channel in sideways movements...
when there is volatility you'll say.... yes but if there isn't, we go for a pizza?
Not exactly, you put another nadaraya with the same entry and exit rules but with tighter settings.
- Post #69,440
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- Jun 19, 2024 8:31am Jun 19, 2024 8:31am
- Joined Jan 2012 | Status: Member | 1,776 Posts
{quote} No interference, any comment as long as it is constructive is welcome. I'll tell you more: when my strategy works???? when there is volatility you'll say.... yes but if there isn't, we go for a pizza? Not exactly, you put another nadaraya with the same entry and exit rules but with tighter settings.
