Quoting heriyadiDislikedHi, I know GBP/JPY is not major, but the daily range is quite high, so I like to play this pair.
From what I see, the daily Fozzy Method work for this pair too. My question is if you look G/J chart today (sorry I can't display a picture in here) the rsi already cross MA. Did we wait until today chart confirm, and open position tomorrow or we can open position today?
Thanks in advance.
HeriyadiIgnored
- #189
- Sep 26, 2006 7:49am Sep 26, 2006 7:49am
- Joined Oct 2005 | Status: Trade the MAX System with me... | 1,995 Posts
- #191
- Sep 26, 2006 9:02am Sep 26, 2006 9:02am
- Joined Oct 2005 | Status: Trade the MAX System with me... | 1,995 Posts
- #195
- Edited 3:07pm Sep 26, 2006 2:16pm | Edited 3:07pm
hi miscon,
thanks for creating the indicator... I found a little bug. It's not relevant for the system but for the visualization of the system...
You compute the BB on the smoothed RSI (i.e. on the MA of the RSI) that's not what fozzy posted. He said 'compute the BB on the values of the RSI'. Please change that.
And it's kinda strange to write BBMid = iMAOnArray()... . Why don't you use iBandsOnArray(..MODE_MAIN) => that's the acutal MidLine! However, maybe you meant to take an SMA not the BBMid (maybe to get a var for shifting?), if so, please tell me.
The following lines would have to be changed:
Thanks again. I really apreciate anybody putting effort in programming any piece of a system. I know, it's always a lot of work 
thanks for creating the indicator... I found a little bug. It's not relevant for the system but for the visualization of the system...
You compute the BB on the smoothed RSI (i.e. on the MA of the RSI) that's not what fozzy posted. He said 'compute the BB on the values of the RSI'. Please change that.
And it's kinda strange to write BBMid = iMAOnArray()... . Why don't you use iBandsOnArray(..MODE_MAIN) => that's the acutal MidLine! However, maybe you meant to take an SMA not the BBMid (maybe to get a var for shifting?), if so, please tell me.
The following lines would have to be changed:
PHP Code
i=Bars-BandsPeriod; while(i>=0) { BBMid[i] = BandsOnArray(RSI,0,BandsPeriod,BandsDeviations,BandsShift,MODE_MAIN,i); BBUp[i] = iBandsOnArray(RSI,0,BandsPeriod,BandsDeviations,BandsShift,MODE_UPPER,i); BBDn[i] = iBandsOnArray(RSI,0,BandsPeriod,BandsDeviations,BandsShift,MODE_LOWER,i); i--;
- #198
- Sep 26, 2006 3:49pm Sep 26, 2006 3:49pm
Fozzy stated in his first post:
So it's not REALLY clear but probably he meant it like I thought - "and BB, also on the RSI..". Well, I will try both and put the better performing into this EA, ok? And btw, in his first post the first line of his indicator window which says "RSI() ... => Bands() ... => MA() .." . That's clear!
The '=>' tells the indicator to computer on the FIRST indicator (Bands & MA would be calculated from RSI);
'->' would tell him to computer on the previous indicator (Bands would be calculated from RSI, MA from Bands).
I it's written comprehensibly, if not, feel free to ask me!
About BB-MID: Ok, well, I thought it would yield to different values. So it it doesn't then: who cares ...
Yeah, you're right. I didn't know it either until stockwet used it in the first version of FOZZY EA. It doesn't say in the doc. :/. it works, though.
"(...)On each chart I have an 8 period RSI. I also have an 8 period MA of the RSI and Bollinger Bands with a 20 period setting, also on the RSI.(...) "
So it's not REALLY clear but probably he meant it like I thought - "and BB, also on the RSI..". Well, I will try both and put the better performing into this EA, ok? And btw, in his first post the first line of his indicator window which says "RSI() ... => Bands() ... => MA() .." . That's clear!
The '=>' tells the indicator to computer on the FIRST indicator (Bands & MA would be calculated from RSI);
'->' would tell him to computer on the previous indicator (Bands would be calculated from RSI, MA from Bands).
I it's written comprehensibly, if not, feel free to ask me!
You know, the strange thing is that I set the the BB to compute on the straight RSI (instead of its MA), and the results looked totally different than those produced in the earlier template. When I switched it over to the RSI-MA (smoothed RSI), the values lined up perfectly... so I figured I must have misunderstood something and went with that.
...Regarding the BBMid, the middle BB line on any standard BB set is just a SMA. Look in the code for BB indicators (mine is called 'Bands.mq4' in StrategyBuilderFX), and you'll see something like this:
PHP CodeMovingBuffer[i]=iMA(NULL,0,BandsPeriod,BandsShift,MODE_SMA,PRICE_CLOSE,i);
Yeah, you're right. I didn't know it either until stockwet used it in the first version of FOZZY EA. It doesn't say in the doc. :/. it works, though.
But thanks for pointing out the MODE_MAIN option... I went in search of this when building the indicator, but only found references to MODE_UPPER and MODE_LOWER, so I just built the middle line directly by using an MA.
- #200
- Sep 26, 2006 4:01pm Sep 26, 2006 4:01pm
- Joined Oct 2005 | Status: Trade the MAX System with me... | 1,995 Posts