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Trading is as simple as 1-2-3

  • #5,781
  • Feb 12, 2018 3:34pm Feb 12, 2018 3:34pm
Quoting kaza007
Hi All, have been reading this thread for a few weeks now and it seems Tooslow has develoved a very interesting system which can make some pips. To understand the system rules I usually like to create either an Indicator or an EA to make things clearer in my own mind. I thought it might be nice to have a Panel that gives the buy sell signals for all the available pairs at a glance. Credits to: Lawgirl's Trend Display v1.02, gspe - used code as a template so I didn't have to reinvent the wheel EA 123 02, Blueseahorse - used code for long and short...
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 51 KB


Your code does not seem to function properly. EURUSD is a 1-2-3 candidate.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,782
  • Feb 12, 2018 7:31pm Feb 12, 2018 7:31pm
Hi TooSlow,

looking at the logic and numbers below, it fails at 5. Do you think the logic is incorrect?

1. H1[1]High 1.22967 = D1[0]High 1.22967, yes
2. H1[0]High 1.22942 < H1[1]High 1.22967, yes
3. H1[0]High 1.22942 > H1[0]Open 1.22904, yes
4. H1[0]High 1.22942 > H1[1]High 1.22967 - Test_Pips*Point 0.001 (1.22867), yes
5. Ask 1.22925 < H1[0]Open 1.22904, No
  • #5,783
  • Feb 12, 2018 8:57pm Feb 12, 2018 8:57pm
Quoting Wapen
{quote} Thanks kaza007, Just what I needed! Will test it immediately! Just a question, can you add popup alerts when the new signal appears? Wapen
Hi Wapen,
I had a look at alerts when I was writing the initial version, but when the H1[0] candle is moving up and down you get bombarded with popups until the candle moves some pips away from the trigger values.
I was also looking at a popup alert at the start of the new candle but this is no good.

What about,
when you get an alert for the pair for the first time on the H1[0] candle, it remembers this and any other alerts for this pair are ignored for the duration of the H1[0] candle. This can be shown on the indicator as a dot for example (as shown below).

Attached Image


After the new candle, everything resets and the process starts again.

Anyone got any better ideas?
  • #5,784
  • Feb 12, 2018 11:42pm Feb 12, 2018 11:42pm
Quoting kaza007
{quote} Hi Wapen, I had a look at alerts when I was writing the initial version, but when the H1[0] candle is moving up and down you get bombarded with popups until the candle moves some pips away from the trigger values. I was also looking at a popup alert at the start of the new candle but this is no good. What about, when you get an alert for the pair for the first time on the H1[0] candle, it remembers this and any other alerts for this pair are ignored for the duration of the H1[0] candle. This can be shown on the indicator as a dot for example...
I think the dot would be a great idea, even better when coupled with a pop-up alert.
  • #5,785
  • Feb 13, 2018 12:32am Feb 13, 2018 12:32am
Quoting kaza007
{quote} Hi Wapen, I had a look at alerts when I was writing the initial version, but when the H1[0] candle is moving up and down you get bombarded with popups until the candle moves some pips away from the trigger values. I was also looking at a popup alert at the start of the new candle but this is no good. What about, when you get an alert for the pair for the first time on the H1[0] candle, it remembers this and any other alerts for this pair are ignored for the duration of the H1[0] candle. This can be shown on the indicator as a dot for example...

Makes 100% sens to do it as you described! (if that works you can work in a email alerts?!)

Thanks Wapen
  • #5,786
  • Feb 13, 2018 3:24am Feb 13, 2018 3:24am
Attached Image (click to enlarge)
Click to Enlarge Name: 21318eg.png Size: 18 KB

Short EG +5 locked +10 trailer added
  • #5,787
  • Feb 13, 2018 3:35am Feb 13, 2018 3:35am
Attached Image (click to enlarge)
Click to Enlarge Name: 21318ca.png Size: 18 KB

Long CA +5 same bar, locked. +10 trailer added
  • #5,788
  • Feb 13, 2018 5:01am Feb 13, 2018 5:01am
Attached Image (click to enlarge)
Click to Enlarge Name: 21318eg2.png Size: 18 KB

EG again, this time long elevator going up, same bar, +5 locked
  • #5,789
  • Feb 13, 2018 9:20am Feb 13, 2018 9:20am
Was watching this as a potential HOLO set-up but the 1-2-3 kicked off first. Fair enough...

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1waitingonHOLObut1-2-3tookoff13thfeb18.png Size: 37 KB
  • #5,790
  • Feb 13, 2018 10:39am Feb 13, 2018 10:39am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 55 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,791
  • Feb 13, 2018 10:40am Feb 13, 2018 10:40am
Quoting kaza007
Hi TooSlow, looking at the logic and numbers below, it fails at 5. Do you think the logic is incorrect? 1. H1[1]High 1.22967 = D1[0]High 1.22967, yes 2. H1[0]High 1.22942 < H1[1]High 1.22967, yes 3. H1[0]High 1.22942 > H1[0]Open 1.22904, yes 4. H1[0]High 1.22942 > H1[1]High 1.22967 - Test_Pips*Point 0.001 (1.22867), yes 5. Ask 1.22925 < H1[0]Open 1.22904, No
I know the logic is incorrect. It did not show the EURUSD as a 1-2-3. Better to learn the system and test your code before posting. Please do not tempt others.

I use ADVANCED ALIEN TECHNOLOGY. They invented 1-2-3.

Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 54 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,792
  • Feb 13, 2018 5:04pm Feb 13, 2018 5:04pm
Quote
I know the logic is incorrect. It did not show the EURUSD as a 1-2-3. Better to learn the system and test your code before posting. Please do not tempt others.

TooSlow,
no disrespect, but if the trade was not a 1-2-3 then why are you saying the logic is incorrect?

Personally, I don't favour any systems at the forexfactory, but I like coding as a challenge.

The indicator is meant to be a tool that hopefully traders find useful, so I did my best to replicate the logic as Blueseahorse uses in his EA.
If the logic is incorrect then I am happy to change and improve it to make the indicator more accurate. If the logic is correct then enjoy!
  • #5,793
  • Feb 13, 2018 5:39pm Feb 13, 2018 5:39pm
Quoting kaza007
{quote} TooSlow, no disrespect, but if the trade was not a 1-2-3 then why are you saying the logic is incorrect? Personally, I don't favour any systems at the forexfactory, but I like coding as a challenge. The indicator is meant to be a tool that hopefully traders find useful, so I did my best to replicate the logic as Blueseahorse uses in his EA. If the logic is incorrect then I am happy to change and improve it to make the indicator more accurate. If the logic is correct then enjoy!
I think wires have gotten crossed.

The EU move was a 1-2-3 set-up but as TS said, the indi did not show it as one, so the indi got it wrong.
  • #5,794
  • Edited 8:49pm Feb 13, 2018 5:50pm | Edited 8:49pm
Hi lemercenaire,
maybe you can clear things up for me.
In the screenshot that TS posted the last candle is green. But the logic is expecting the candle to be red. So the Ask price has to be below the open price.
You are trading away from the High in this case, Selling.

Does that make sense or is it incorrect?
  • #5,795
  • Feb 14, 2018 1:36am Feb 14, 2018 1:36am
[quote=kaza007;10775777]Hi lemercenaire, maybe you can clear things up for me. In the screenshot that TS posted the last candle is green. But the logic is expecting the candle to be red. So the Ask price has to be below the open price. You are trading away from the High in this case, Selling. Does that make sense or is it incorrect?[/quote

Bear in mind that in that image, you could also have traded off the long green candle at candle #1 as well as candle #2 off that one.

Attached Image


In fact, depending on the actual time, you could have been trading this move all the way up.

Also, yes, you would be selling away from the high.
  • #5,796
  • Feb 14, 2018 2:46am Feb 14, 2018 2:46am
I wasn't watching this as a 1-2-3 as such - it was as my normal DAX trade set-up - but it stands as a 1-2-3 anyway...

Attached Image (click to enlarge)
Click to Enlarge Name: Inked.DE30.H1as1-2-3Feb14th18_LIcrop.jpg Size: 290 KB
  • #5,797
  • Feb 14, 2018 4:14am Feb 14, 2018 4:14am
Attached Image (click to enlarge)
Click to Enlarge Name: 21418eg.png Size: 17 KB

Short EG, one of my rare losses, well almost rare. I started out by bending the rules a bit and taking the trade of the same bar as it moved back through. I do that often, and they often work. It got +4 but just failed my first hurdle. Then moved back up on the next bar. I forgot to set my original stop. And though it moved back down from there I took it out at -5 as once again it looked to move back up. The current bar it did get the +5 barely but I was not in it. Up, down, up, down, up down, as the markets are moving today, follow all that? No major news driving things, so far, that should come later in the day.
  • #5,798
  • Feb 14, 2018 7:25am Feb 14, 2018 7:25am
Attached Image (click to enlarge)
Click to Enlarge Name: 21418eg2.png Size: 17 KB

So engaging in a little revenge trading, which always works of course. I took the EG short again, this time it worked, and it only took 4 hours to pull off. +5 locked
  • #5,799
  • Feb 14, 2018 8:21am Feb 14, 2018 8:21am
Attached Image (click to enlarge)
Click to Enlarge Name: 21418ej.png Size: 18 KB

Long EJ +5 locked
  • #5,800
  • Feb 14, 2018 10:05am Feb 14, 2018 10:05am
Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW1.png Size: 56 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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