No Magic! | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Magic numbers question 12 replies

Ever seen this magic number bug? 4 replies

magic is back! 11 replies

Magic Numbers for Mutiple EA 9 replies

Attachments: No Magic!
Exit Attachments

No Magic!

  • #81
  • Sep 12, 2017 3:08pm Sep 12, 2017 3:08pm
Quoting Joseph95
Subscribed. What about trading this tpl with heiken Ashi?
it is not wrong to have confirmation of your trade parameters in addition to the entry rules to enter.........but I do not like technical indicators much
atheer1
  • #82
  • Sep 12, 2017 3:30pm Sep 12, 2017 3:30pm
Quoting 5aztv88
Hi atheer1 can you please clear me about two things ? 1- what do you mean by upper wick and lower wick ? 2- what do you mean by touching or crossing lines formed by SweetSpots GOLD indicator ? i will be appreciate if you clear me by photo example . thank you
Attached Image (click to enlarge)
Click to Enlarge Name: uwlw.png Size: 132 KB
atheer1
  • #83
  • Sep 12, 2017 4:28pm Sep 12, 2017 4:28pm
A blind way of doing it, but I warn you it does not work all the time (Stop and Reverse )

Attached Image (click to enlarge)
Click to Enlarge Name: blind.png Size: 48 KB
atheer1
  • #84
  • Sep 12, 2017 4:40pm Sep 12, 2017 4:40pm
In general 2 bar reversal is profitable at any time frame but higher is better..............but you should know how?
atheer1
  • #85
  • Sep 13, 2017 3:01pm Sep 13, 2017 3:01pm
atheer1, put together an indicator that implements your trading signal rules for No Magic. You will find it attached. I included a BB Band filter which you can turn on and off. Also, there is a "touchDistance" parameter which you can set. Set to 0.0 by default. Can set this as a closeness in pips to the upper or lower BB band to be considered a touch. PIC below. Great for back-testing and improvement of strategy.
Attached Image (click to enlarge)
Click to Enlarge Name: Not Magic.png Size: 43 KB
Attached File(s)
File Type: ex4 ###NotMagic.v1.0.ex4   27 KB | 463 downloads
  • #86
  • Sep 13, 2017 3:11pm Sep 13, 2017 3:11pm
Attached Image (click to enlarge)
Click to Enlarge Name: no.jpg Size: 316 KB

not trying to be rude just for clarification, but the ones I marked with red X are not valid????
  • #87
  • Edited 5:37pm Sep 13, 2017 5:24pm | Edited 5:37pm
Quoting Ryder
atheer1, put together an indicator that implements your trading signal rules for No Magic. You will find it attached. I included a BB Band filter which you can turn on and off. Also, there is a "touchDistance" parameter which you can set. Set to 0.0 by default. Can set this as a closeness in pips to the upper or lower BB band to be considered a touch. PIC below. Great for back-testing and improvement of strategy. {image} {file}
Thanks for your work greatly appreciated..........I will have a look..........one question did you include wick touch or not to SSGOLD in it or not?
atheer1
  • #88
  • Sep 13, 2017 6:18pm Sep 13, 2017 6:18pm
Quoting cfudge
{image} not trying to be rude just for clarification, but the ones I marked with red X are not valid????
The 4th "x" from the left is the only one that looks incorrect to me. Lets wait and see what others report.
  • #89
  • Sep 13, 2017 6:21pm Sep 13, 2017 6:21pm
Quoting atheer1
{quote} Thanks for your work greatly appreciated..........I will have a look..........one question did you include wick touch or not to SSGOLD in it or not?
Wick Touch is included. One error -- I have used the incorrect BB Parameters. I used 25, 0, 2.0, instead of your 20, 0, 2.0 I will make these parameters so they can be changed in the next revision.
  • #90
  • Sep 13, 2017 6:43pm Sep 13, 2017 6:43pm
Revised version. BB parameters can now be changed. Defaults are 20, 0, 2.0.
Attached Image (click to enlarge)
Click to Enlarge Name: Not Magic_1.png Size: 43 KB
Attached File(s)
File Type: ex4 ###NotMagic.v1.1.ex4   28 KB | 571 downloads
  • #91
  • Sep 14, 2017 10:22am Sep 14, 2017 10:22am
Quoting Ryder
Revised version. BB parameters can now be changed. Defaults are 20, 0, 2.0. {image} {file}
OK Ryder thanks my friend
atheer1
  • #92
  • Sep 14, 2017 7:57pm Sep 14, 2017 7:57pm
Quoting Ryder
Revised version. BB parameters can now be changed. Defaults are 20, 0, 2.0. {image} {file}
++++++++++++++++

Thank You Ryder. This is a big help.
  • #93
  • Sep 15, 2017 1:22am Sep 15, 2017 1:22am
Rider because i've many signals?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 89 KB
  • #94
  • Sep 15, 2017 3:35am Sep 15, 2017 3:35am
I agree with nightfox,theres too many signals on the chart
  • #95
  • Sep 16, 2017 7:19am Sep 16, 2017 7:19am
Quoting nozzer
I agree with nightfox,theres too many signals on the chart
++++++++++++++++++++++

1st off, there are 2 separate time settings, to mark which hours you'd like to display set ups. When I first added ###NotMagic to my chart, it displayed perfectly. Then I went to a different chart, added indicator, and I got the same results as Nightfox. I tried it on a few other charts, and same thing, too many signals.

Then I went to the original chart, and used it to create a template. That worked fine. However, there may be an issue with current mt4 build, or something in the indicator.
  • #96
  • Sep 16, 2017 8:41am Sep 16, 2017 8:41am
Quoting diamonddbw
{quote} ++++++++++++++++++++++ 1st off, there are 2 separate time settings, to mark which hours you'd like to display set ups. When I first added ###NotMagic to my chart, it displayed perfectly. Then I went to a different chart, added indicator, and I got the same results as Nightfox. I tried it on a few other charts, and same thing, too many signals. Then I went to the original chart, and used it to create a template. That worked fine. However, there may be an issue with current mt4 build, or something in the indicator.
All the signals are valid pursuant to the strategy rules. If you enable "BB_Touch_Band_Enable" you will only get the signals that appear near the BB Bands, There is a parameter in the parameters box to set the "touchDistance", in pips. I am not advocating this solution -- just trying to figure out if it works. I think it needs MAGIC.
  • #97
  • Sep 16, 2017 7:11pm Sep 16, 2017 7:11pm
I would like to warn here that if you take all signals you will be in great problem............you should take other factors into consideration............like trend.....S/R.......time.........ADR.........and so on..............It is just a way to enter.............most other factors are discretionary and highly dependent on trader good judgment.

Yes there is a blind mechanical way of doing it which is the stop and reverse ,but it carries the risk of having 2 trades in a loss in the inexperienced hand........and always ( or most of the times) the 2nd trade will carry more risk than the 1st.......although when taken properly can reverse the loss into profit most of the times.....
atheer1
  • #98
  • Sep 19, 2017 6:20am Sep 19, 2017 6:20am
Quoting atheer1
I would like to warn here that if you take all signals you will be in great problem............you should take other factors into consideration............like trend.....S/R.......time.........ADR.........and so on..............It is just a way to enter.............most other factors are discretionary and highly dependent on trader good judgment. Yes there is a blind mechanical way of doing it which is the stop and reverse ,but it carries the risk of having 2 trades in a loss in the inexperienced hand........and always ( or most of the times) the...
No Magic 4 me 2!
What do U mean with 2 x risk for profit?
How much pips for TP?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 725 KB
Attached File(s)
File Type: ex4 No Magic V1.00 - Simple Arrow+AlertV2.71.ex4   33 KB | 671 downloads
Vucking good EA coder... https://t.ly/AZjRM
  • #99
  • Sep 19, 2017 7:20am Sep 19, 2017 7:20am
Quoting reteid2222
{quote} No Magic 4 me 2! What do U mean with 2 x risk for profit? How much pips for TP? {image} {file}
Your take profit should be at least 2 times your risk.ex: your stop is 30 pips your TP is 60 pips(at least)..........thanks for the indicator I will check......
atheer1
  • #100
  • Sep 19, 2017 7:34am Sep 19, 2017 7:34am
Quoting reteid2222
{quote} No Magic 4 me 2! What do U mean with 2 x risk for profit? How much pips for TP? {image} {file}
very good indicator.......thanks for participation reteid2222
atheer1
0 traders viewing now