The Tortoise and the Hare MA Dashboard

I am beginning this thread to explore a dashboard I have been working on and am hoping others will try it out and give their suggestions too.

DISCLAIMER: I am a rookie trader (about 9 months experience) and I am a rookie coder, self taught. So use this dash in a fake account and AT YOUR OWN RISK!!!!!!! I also want to thank GVC, since I started with his dash skeleton.

My friend at work, ray(he got me into forex) and I, after trying out a various indies, webinars, websites, etc, got to talking about a strategy and came up with this KISS(keep it simple stupid!) dashboard. Everytime I want to code something fancy for 1 occurrence or another, I remind myself to KISS!!!!

The basis of this dashboard is the moving averages, 7 and 21, and how they relate to each other.

So this is how it works, going thru the columns, left to right:

Column 1: the 28 pairs listed. If you click a pair here, you will open a chart of that pair. If you want to use your own template, use the name XIMA_DASH_T.tpl and your template will be used. Otherwise, I guess it is the default that comes up.

Column 2: the spread for the pair..self explanatory

Column 3: the ADX for the pair..taken on the 3o MIN TF. The Average Directional Index shows the strength of a trend.not the direction.

Column 4: the RSI for the pair.taken on the 30 MIN TF.

Time Frame Columns: these show the distance between the 7 and 21 Moving Averages on each TF. If the color of the square is green, the 7 is above the 21. Red color for 7 below the 21.

Signal Squares-H4 & D1: these I left in from GVCs original dash. This is an average of the daily his and lows compared to the 12 MA on the 4 hour and day TFs and gives and up or down arrow.

Center Pair Columns(3): these buttons allow for 1 click trading for each pair. The blue is buy, gold is sell and red is close the 1 click trade for that pair.

Center Pair Grouping at Bottom of Dash: these buttons allow for 1 click trading for the whole basket of a currency. So if you click the blue USD, you will buy all the pairs with USD as the primary currency and you will also sell all the pairs with the USD as the second currency. The opposite will happen if you click the Gold USD button. This is a sell for Primary USD pairs and a buy for seconday USD pairs.

Auto Trading HARE & Tortoise Columns: These are the auto trading buttons. Light Gray color (NT) means no auto trading for that pair. Dark Maroon color (AT) means auto trading is turned on for that pair.
HARE button (riskier trade) will made a BUY trade when: the 7 MA is above the 21 MA and the SAR is below the current candle on the 1HR TF.
HARE button (riskier trade) will made a SELL trade when: the 7 MA is below the 21 MA and the SAR is above the current candle on the 1HR TF.

TORTOISE button (conservative trade) will made a BUY trade when: the 7 MA is above the 21 MA AND the 21 MA is above the 49 MA and the SAR is below the current candle on the 1HR TF. *
TORTOISE button (conservative trade) will made a SELL trade when: the 7 MA is below the 21 MA AND the 21 MA is above the 49 MA and the SAR is above the current candle on the 1HR TF. *

*You can set your lot size, take profit and stop loss using the inputs below labeled accordingly. The SL and TP is increased or decreased by 5 with each click. The lot size is set using the set of 4 +/- buttons, each set increases or decreases a certain digit. (I set it up this way so we do not have to click 100s of times to set the digits in front of the decimal!). All auto trading will use these inputs for all corresponding trades.

In theory, we will get surer, less risky trades using the TORTOISE button.
Note: SAR is the Stop and Reverse indicator.

B/S Column: This was originally meant to be used for a Buy/Sell Signal of the strongest trending pair. I dont really pay much attention to it now, but it shows the distance between the 7 and 21 MAs on the 30 MIN TF. So the pair with the largest number in it is currently trending the most (in theory). The pair that is highlighted by a dark green or dark maroon color, is the best trending pair.

You will notice 3 yellow input boxes. The Left box is for Single trades (the blue and yellow buttons down the center). This box does not work for the Baskets, although the Lot value will work with the Baskets buttons, just not the SL and TP.
The 2nd and 3rd yellow input box are for setting values for the Hare Auto Trading function and Tortoise Auto Trading function. They all work the same. Use the + and – buttons for increasing/decreasing the values. 4 + & - buttons control your lots, because each one corresponds to a digit. (I didn’t want to click tons of times for higher lots!). Try it, you will figure it out!
I’m still working on the Time setting......

Green Pips to us All!!!

Here is the latest file. I hope people will try this out and post their results!

FYI....sometimes you might press a trade button and it does not work. look at your Journal tab and see the error. sometimes, esp with trades involving JPY, your SL and TP's might be too small for the trade to be placed. so watch for that!!

Let's discuss the rules on manual trading.

So if I'm looking to go long on EURUSD for example, I should wait for M1-H1 to go green before entering the trade? Is that how you trade this?

Hi Pipqueen, nice to see that you have your own thread for your dashboard. Though myself don't trade much with the dashboard (as I'm still new to Forex, plenty to learn with the manual trading), but still want to thank you for your generosity to share your dashboard. Greatly appreciate your time and effort to code the dashboard. Wishing you green pips always

Hello Pipqueen, tell me what is it in TP and SL, Pips or money?

thanks bw! green pips to you too!!

see first post. i will add more info there for all. but it is in pips, not $

Hello, pipqueen18. thanks for your dashboard trading.

i have little issue, i see in your is good looking. but in me is not. Irregular and neat. i attachment picture.

Now I am testing this EA. Interesting. Just a quick question. I changed the button in mindle to AT. This AT button located in the same place in every time? I mean the AT button located in the same place every time?

hi at, yes the AT button turns on auto trading for that pair it is next to. i have not created all the AT buttons for all the pairs. also, the at button works slightly different depending on HARE VS TORTOISE columns.

if you are talking about the background candle images on your dash, you need to upload a black chart before installing the dash. i put one on the other dash. i will need to do it when i am at home, not work!

Yesterday I put the EA to MT4. I checked it early morning. THe results is promissing. I hope it will goes well in this morning and afternoon also.

Subscribed. Keep up the good work. Thanks and
Regards

get error sir,

What is Your plan? New functions will implement to this DB? Hopefolly my trade works well. At my workplace I can not reach my laptop at home.

hi forrest, i want to implement a timer so we can set the times to turn on and off automatically. i'm looking forward to testing friday and sunday. without really touching it once i pick my pairs to turn on.

any other suggestions?

hi plz..add an alert that informs us in every TF you choose(we) and have a better Entry.
and if U can add OIL gold, it will be great.
tnx

Hi Pipqueen18

any plan to add bbsqueeze?

i am working on a modified dash that uses stochastic signal in addition to the 7,21 and 49 MA's. i should upload today or tomorrow. it is VERY conservative. maybe too boring for most traders. i am looking for that almost sure trade!!

My latest Dash.......VERY VERY VERY conservative!!!!!! probably boring for most people!

This is my latest dash. it is VERY similar to the original Tortoise and Hare Dash. i have only changed 2 columns and how the TORTOISE auto trading buttons work. i have changed the values in the 2 columns labeled STOCH. please ignore the 1st STOCH column. (it is messed up right now!).

the 2nd STOCH column is the important one! you will notice the column can have 1 of 5 possible colors and a number value. the number value is the value of the Stochastic Main Signal.
clear color = not a valid trade
light green color = the 7 MA > 21 MA & the 21 MA > 49 MA (ma's in right order.....waiting on STOCH main to cross signal line)
Dark green color = 7>21 & 21>49 & the Stochastic main line is > the signal line
light red color = 7<21 & 21<49 (ma's in right order.....waiting on STOCH main to cross signal line)
Dark red color = 7<21 & 21<49 & the Stochastic main line is < the signal line

so the basic idea is that a light green or red means the averages line up and you are just waiting on the stochastic. YOU MUST BE CAREFUL that the stochastic is getting ready to cross on the correct side....if buying, you want the cross to be happening on the bottom, and if you are selling, the cross should be happening near the top. SO BE SURE TO LOOK at the VALUE in the square and/or watch your stochastic indie. please see the picture i have uploaded!

i have changed the TORTOISE AUTO Trading buttons ONLY(not the Hare buttons) to buy and sell using the above parameters. the exit for the autotrader is when the SAR changes direction.

so if you want to use the auto trader TORTOISE buttons, you will want to turn on that particular button for the pair AFTER the regressing cross has already occured. if you dont, it will get you into the on the regression, so that entry is not good.

ALL THESE VALUES ARE ALL USING THE DAY TIMEFRAME!!!!!! that's why this is VERY VERY conservative! but once you get in a good trade, it will go for DAYS!!!!! look at the picture i posted. this is the day TF.

so i just got this turned on will all the buttons on, even though i know it will get me in regressing on some of them. i'm using .01 on a practice account, of course!!!!

in the chart pic i uploaded, the gold MA is the 7, the blue MA is the 21 and the black MA is the 49. the green circles show the entries and the red X's show when the SAR switches-the exits. the vertical lines show when the good entries happen. if you had gotten in on the 3rd entry, you would still be in this trade......approx. 27 days and over 500 pips to date!!!! (chart is eurusd-day TF)

let me know what you guys think!

pipqueen18

I like the idea, subscribed