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mctc currency strength indi for you to try

  • #41
  • Oct 14, 2017 1:33pm Oct 14, 2017 1:33pm
hi buju,
so it should show more right now than in my chart (post #37)?
thanks.
  • #42
  • Oct 14, 2017 1:50pm Oct 14, 2017 1:50pm
Quoting buju
right now markets are closed , try the strategy tester. open the journal and see if there are an messages.

This is what it says:

2017.10.14 15:46:35.546 mctc_2 EURUSD,Daily: array out of range in 'mctc_2.mq4' (503,24)
Truth is like poetry. And most people f*cking hate poetry.
  • #43
  • Oct 14, 2017 3:13pm Oct 14, 2017 3:13pm
Quoting Et2017
{quote} ........ Right now the indi doesn't give me a lot. Not even the "click to change pair" does work. But I guess that's because markets are closed? {image}
+++++++++++++++++++


On Saturday;
If I click a pair (in sub graph) to change open chart, it works only on the original 'mctc' on my Oanda platform.

2 other brokers, which both use 'suffixes', i.e.: EURUSDpro, etc., Do not now, or did not yesterday, change charts by clicking on pair in sub graph.

I am able to get indicator to display on Oanda, and Tradersway charts, but not to Forex.com charts.

It looks like each broker may have it's own take on how their platforms react during closed market periods.
  • #44
  • Oct 14, 2017 5:30pm Oct 14, 2017 5:30pm
example : the chart , USDCADi , has a suffix "i" added to the pair. some brokers use suffix's on their pairs.

the indi does not cater for that at the moment. You need to use a broker or pair that does not use suffix's , ie USDCAD , not USDCADi .
cheers

ps out of range error = too many bars , reduce barcount value. indi is not checking for that condition atm.
  • #45
  • Oct 14, 2017 5:44pm Oct 14, 2017 5:44pm
As this indicator is only working on H1 chart for me I was calculating the top 5 strongest and top 5 weakest pairs according to the indicator, and they all matched 100% and if they were traded yesterday they would have made some nice pips. This shows good potential and I'll definitely test this next week.

I think it will be good to learn and test which TF is best to be traded ie; H1, H4, D1 etc, and at which time of the day to open those trades ie; TO, LO, or NYO.

I'm interested in the EA that uses this strategy and look forward to seeing more.
Truth is like poetry. And most people f*cking hate poetry.
  • #46
  • Oct 14, 2017 5:50pm Oct 14, 2017 5:50pm
Quoting buju
example : the chart , USDCADi , has a suffix "i" added to the pair. some brokers use suffix's on their pairs. the indi does not cater for that at the moment. You need to use a broker or pair that does not use suffix's , ie USDCAD , not USDCADi . cheers ps out of range error = too many bars , reduce barcount value. indi is not checking for that condition atm.
I reduced the no of bars to 100 and it still does not show values? My broker does not use suffixes, is this perhaps cos the market is closed?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-10-14 at 7.48.48 PM.png Size: 69 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #47
  • Oct 15, 2017 6:01pm Oct 15, 2017 6:01pm
I dont have words to describe this , ver 3.
But for people willing to try this one , I think its going to be good.

just trade the top 3 or top 5 pairs.

I will be very interested to get your feedback.

set the chart to 5 mins or more and the indi to daily.
there might be some bugs , please report them here.

NOTE: the indi does NOT support charts with a suffix or prefix. example EURUSDpro .
Attached File(s)
File Type: ex4 mctc_3.ex4   52 KB | 558 downloads
  • #48
  • Oct 15, 2017 6:05pm Oct 15, 2017 6:05pm
Quoting buju
I dont have words to describe this , ver 3. But for people willing to try this one , I think its going to be good. just trade the top 3 or top 5 pairs. I will be very interested to get your feedback. set the chart to 5 mins or more and the indi to daily. there might be some bugs , please report them here. NOTE: the indi does NOT support charts with a suffix or prefix. example EURUSDpro . {file}
Thanks buju at which time of the day do you recommend is best to opening the trades? Tokyo open, or London open etc?
Truth is like poetry. And most people f*cking hate poetry.
  • #49
  • Oct 15, 2017 6:10pm Oct 15, 2017 6:10pm
Quoting buju
I dont have words to describe this , ver 3. But for people willing to try this one , I think its going to be good. just trade the top 3 or top 5 pairs. I will be very interested to get your feedback. set the chart to 5 mins or more and the indi to daily. there might be some bugs , please report them here. NOTE: the indi does NOT support charts with a suffix or prefix. example EURUSDpro . {file}
This is what it looks like so there are 2 lists of currency pairs now, which list is the one that we see the top 3 and bottom 3 to trade?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-10-15 at 9.08.13 PM.png Size: 50 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #50
  • Oct 15, 2017 6:23pm Oct 15, 2017 6:23pm
columns are ascending and descending - (minus) numbers are best sell trades from top down and + numbers are best buys from top down.

graph will plot lines of the top 3 or whatever you set it to.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 59 KB
  • #51
  • Edited 7:08pm Oct 15, 2017 6:44pm | Edited 7:08pm
Quoting buju
columns are ascending and descending - (minus) numbers are best sell trades from top down and + numbers are best buys from top down. graph will plot lines of the top 3 or whatever you set it to. {image}
Thanks so we will buy the top 3 and sell the bottom 3. Is there a certain value that we should use as a minimum to open the trades ie. +15 -15 etc?


As a suggestion it would be great if the indicator could change and read the different chat time frames, for example if I changed to H4 chart it would show the H4 strongest and weakest etc, just a suggestion.
Truth is like poetry. And most people f*cking hate poetry.
  • #52
  • Oct 15, 2017 6:45pm Oct 15, 2017 6:45pm
Quoting mrdfx
{quote} Thanks buju at which time of the day do you recommend is best to opening the trades? Tokyo open, or London open etc?
Thanks buju at which time of the day do you recommend is best to opening the trades? Tokyo open, or London open etc?
Truth is like poetry. And most people f*cking hate poetry.
  • #53
  • Oct 15, 2017 10:11pm Oct 15, 2017 10:11pm
Hi buju,
nice work,mctc expired, could you remove the timelimit,thanks
  • #54
  • Oct 16, 2017 2:48am Oct 16, 2017 2:48am
OK here's my view. Why don't you post an unlocked version ie mq4 not ex4?
That way we know its not going to expire and ultimately waste people's time.
With respect, all we're doing is contributing to your commercial practice and getting nothing back, otherwise.
This is one of many indicators in this genre, the vast majority of which have been shared freely.

I don't like ex4 inds full stop for various reasons. I've no problem spending substantial sums on trading services. The problem is that you can get dependent on an indicator and then with a new MT4 build, it doesn't work. Atleast with an mq4 you can fix the problem. Not so with ex4 because by then, the original coder is off working on something else. I use MT4 for its open source. Otherwise, I'd rather use NinjaTrader or one of the others (which are otherwise far superior in some ways) or whatever.

Most of us are traders here. And by sharing inds, rewriting and improving each other's inds and feedback/ideas we become better traders. If you want to do an enhanced "bells and whistles" one in mq4 ie paid ok fair enough. But this doesn't help what most of us are trying to do as a team.

BTW I did have some ideas to improve it, but I'll hold back for now. Regards PS.
  • #55
  • Oct 16, 2017 3:23am Oct 16, 2017 3:23am
I agree with PipSharer: if you want to sell something, go to the special forum of FF. If you want to cooperate, then tell openly where your limitations (timelimit ...) are. In the development of Indis is a lot of work, but also in the test.
  • #56
  • Oct 16, 2017 3:27am Oct 16, 2017 3:27am
Thanks Buju,
Really interesting !
  • #57
  • Edited 8:01am Oct 16, 2017 6:59am | Edited 8:01am
Quoting mrdfx
{quote} Thanks buju at which time of the day do you recommend is best to opening the trades? Tokyo open, or London open etc?
this thread is not so hard to read,

answer of your questions see
- plan concerning tf #12; #47; market #8
- realiazed or running deals see trade explorer on the top of this thread, every deal see there "trade list" (good results)
  • #58
  • Oct 16, 2017 8:34am Oct 16, 2017 8:34am
Quoting Isabella_D
{quote} this thread is not so hard to read, answer of your questions see - plan concerning tf #12; #47; market #8 - realiazed or running deals see trade explorer on the top of this thread, every deal see there "trade list" (good results)
Thanks so I think I've got it.. Buy the top 3 and sell the bottom 3, open at Tokyo open and close when you happy with the profits.
Truth is like poetry. And most people f*cking hate poetry.
  • #59
  • Oct 16, 2017 1:28pm Oct 16, 2017 1:28pm
When I put your indi on a chart it says trial expired. I believe your indi has a good potential but shouldn't you tell others if you're only posting trial versions ?
  • #60
  • Oct 16, 2017 1:40pm Oct 16, 2017 1:40pm
Hi
I always expire my indicators after 1 month.
1. Im always asking for feedback , but I never received anything in the past on other threads I started , so that tells me no one is really interested of bothers to reply back to my threads.

2. if someone replied back telling me the indicator has expired , then I know at least someone is interested and using it , I will then work with that person or at least try to work with them to improve it or build a strategy around it.

There is lots of sharing , but mostly of peoples own opinions . there is very little co operation sometimes.

Let me clarify:

the reason i post it ,and ask for feedback is that it is a newly made indi . so I don't have settings or even a proven strategy yet. I see the potential that's is why I post it and ask people for feedback. Perhaps I need to be more specific on the threads about that , but then again , I just presume people would realise this - lol.

the way i work is i make the indi , if I think its got potential Ill code a EA on what I 'think' might work and test it. The EA Ive got running in the trade explorer is just a very basic strategy , but so far its working although some days its been lucky to make its 3 percent , its been close to crashing out , I know this as I know how its working , that said Ive seen it hit 40 percent , so I continue to watch and see if I can make it better.

The EA is just a very basic strategy that demonstrates the potential of the indicator , I know it can do a lot better , and if many people test different strategies around it and/or suggest improvements to the indi Im sure we can come up with something awesome. Im all for sharing and working with people but only with people that want to work together

Im just a little tired of posting my stuff , seeing 100+ downloads and then , nothing , no feedback , silence.

Although on this thread I have got some feedback , and to those people I thank you.
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