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Attachments: Swing x1, x2, x3 Strategy by Kelvin
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Swing x1, x2, x3 Strategy by Kelvin

  • #41
  • Apr 2, 2018 2:35pm Apr 2, 2018 2:35pm
Hello,

here is indicator with MACD filter.
Attached File(s)
File Type: mq4 Kelvin'sstrategy_MACD.mq4   21 KB | 844 downloads
  • #42
  • Apr 2, 2018 3:31pm Apr 2, 2018 3:31pm
Quoting Arkangela
Hello, here is indicator with MACD filter. {file}
hi
Nice job.
Sent u a prvt msg. on making it better.
Thanks
Regards kelvin
  • #43
  • Apr 2, 2018 5:09pm Apr 2, 2018 5:09pm
Hi,

Here is the modified version

Regards
Attached File(s)
File Type: mq4 Kelvin'sstrategy_MACD_V2.mq4   21 KB | 1,308 downloads
  • #44
  • Apr 2, 2018 5:56pm Apr 2, 2018 5:56pm
Hi Kelvin
Just restarted mt4 to load the new indi by Archangela and noticed that some signals have moved or disappeared, have you found this to be the case?
Chris
  • #45
  • Edited 6:46pm Apr 2, 2018 6:06pm | Edited 6:46pm
Kevin is a great strategy
I just used it live with a tpo chart
great job
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM5.png Size: 79 KB
  • #46
  • Edited Apr 3, 2018 12:22am Apr 2, 2018 11:34pm | Edited Apr 3, 2018 12:22am
Quoting Arkangela
Hi, Here is the modified version Regards {file}
Quoting Arkangela
Hi, Here is the modified version Regards {file}

Hello

Splendid work. Version 2 is exactly what i want it follows the rules for macd filter.

FILTER FOR BUY
@ X3 MACD Value must be > Signal (in digits only absent (-))
FILTER FOR SELL
@ X3 MACD Signal must be > Value (in digits only absent (-))

Now trades that doesn't meet the above conditions doesn't plot x123 or get alert.



Quoting cfudge
Hi Kelvin Just restarted mt4 to load the new indi by Archangela and noticed that some signals have moved or disappeared, have you found this to be the case? Chris
Yes the version 2 follows the filter rules that's whats happening.
But For more trades you can turn the macd to OPEN in the indy setting. it make for less tight filter. But The Macd Close setting gives a more tight filter. Though it omits some good trade and then some very bad trade the Open settings would have taken.
  • #47
  • Apr 2, 2018 11:59pm Apr 2, 2018 11:59pm
Quoting KiidoX
kelvinonw how do you determine your tp? U Wait for opposite signal?

T.P
I use fractals for t.p. I have not yet post T.P configuration to the thread.

But cfudge had suggested opposite signal for t.p.

Will talk about t.p and s.l later.

stay tuned.
  • #48
  • Apr 3, 2018 1:15am Apr 3, 2018 1:15am
Thanks, Kelvin for this thread. Dear coders, who can create an EA based on Arkangela`s ind. (post 43)? This strategy looks profitable in longterm with SL on the candle number 1 and with TP on opposite signal on the candle number 3? but need more backtests.
  • #49
  • Apr 3, 2018 3:57am Apr 3, 2018 3:57am
Cannot wait to have some time to test this out

Thanks for your contribution guys

Regards,
Jimm
Building a Freedom All Time Return: 5,178.8%
  • #50
  • Apr 3, 2018 4:12am Apr 3, 2018 4:12am
i have noticed some signals (1 & 2 & 3 together) disappear after switching TF
hasnt captured it down but guys keep an eye on it
Indicator is great if you place it on lower TF trading along the trend on higher TF (Im testing scalping on 5m TF with the trend on M30/H1 TF, TP=SL=15pips on high volatile pairs)

Which pairs does the indi do best?
  • #51
  • Apr 3, 2018 4:14am Apr 3, 2018 4:14am
Quoting Zkk
i have noticed some signals (1 & 2 & 3 together) disappear after switching TF hasnt captured it down but guys keep an eye on it Indicator is great if you place it on lower TF trading along the trend on higher TF (Im testing scalping on 5m TF with the trend on M30/H1 TF, TP=SL=15pips on high volatile pairs) Which pairs does the indi do best?
Can't this be because the indicator is being painted when the conditions are met together with the ZigZag when you have the screen opened, when you close and open it again, maybe the indicator is being painted over the current ZigZag (Last ones) and hence all the previous signals in the middle dissapears.

Hope I'm not wrong haha, someone else could confirm?
Building a Freedom All Time Return: 5,178.8%
  • #52
  • Apr 3, 2018 5:21am Apr 3, 2018 5:21am
yes, its true.. it repaints if u switch TF... because based on zig zag. once signal comes and make a zig zag on the the other side then it stays. but if it doesnt and break the high or low then it tries to find another set up.. real time signal will stay but once u switch it repaints. thats why in the history all setups looks perfect. sad....
  • #53
  • Apr 3, 2018 8:49am Apr 3, 2018 8:49am
Quoting ritesh79
yes, its true.. it repaints if u switch TF... because based on zig zag. once signal comes and make a zig zag on the the other side then it stays. but if it doesnt and break the high or low then it tries to find another set up.. real time signal will stay but once u switch it repaints. thats why in the history all setups looks perfect. sad....
This is what I noticed too yesterday. I closed MT4 and when restarted it some signals had gone.
I have turned MT4 off for the day as I am going to work, but I have placed a vertical line on the last #3 candles...will see what happens this afternoon when I turn back on.
Chris
  • #54
  • Apr 3, 2018 3:55pm Apr 3, 2018 3:55pm
So just got home restarted MT4 and I have two signals that happened while I was at work, on CRUDE OIL and GBPJPY
There is a new signal on EURUSD but it should have been visible last time MT4 was open...so this is a repaint as a result of restarting MT4
Still testing this so will stay in touch.
Chris
Attached Image (click to enlarge)
Click to Enlarge Name: trades.jpg Size: 233 KB
  • #55
  • Apr 3, 2018 9:07pm Apr 3, 2018 9:07pm
Hey guys,
though we see the indi repaints, it doesnt mean it's not a good indicator
it actually pinpoints pullback entry quite well
  • #56
  • Apr 4, 2018 4:56am Apr 4, 2018 4:56am
Looks good on renko
Attached Image (click to enlarge)
Click to Enlarge Name: kr.jpg Size: 178 KB
  • #57
  • Edited 8:16am Apr 4, 2018 8:03am | Edited 8:16am
Does it Repaint?

The indy plots according to price not zigzag. zigzag is only used in identifying x1. and the indy only writes when there is a successful setup i.e when x3 has successfully closed above/below x2 for a buy/sell signals.

The idea is to identify this x1,x2,x3 setup. Saying the indicator repaints is like saying a candle formed in past time is suddenly no longer there!

The setup can't repaint. But at present there are some code bug/error that makes the 123 vanish, but not without a trace because on the candle it always leave dots on each candle it has written on to show it identified the setup

Why does it vanish?

like i said earlier code error. Simply go to indy settings - setting info - show info - set this to false.
if it is on True it applies the settings of draw down and profit.. so when there is a retracement exceeding draw down 65 it counts it as a failed setup so it removes 123 and leaves the dots on the candle where it once wrote. Setting it to false will stop this from happening .

Removing that error and also the multi time frame alert issue would help.

Generally, the best way to succeeding is collective contribution on better development. So kindly make meaningful inputs. The goal is to help everyone make money don't forget.

Regards
Kelvin
  • #58
  • Apr 4, 2018 8:37am Apr 4, 2018 8:37am
HOW TO FIND T.P TARGET

When i developed the x1, x2, x3 setup strategy i also developed a unique t.p strategy. My strategy and T.p settings doesn't look like the usual way of doing things but it works that's whats really important.


This is better explained with images.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: Audnzd.PNG Size: 31 KB


Attached Image (click to enlarge)
Click to Enlarge Name: T.P setting 2.PNG Size: 28 KB

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: T.P setting.PNG Size: 43 KB


Feel free to ask questions

Regards
kelvin
  • #59
  • Apr 4, 2018 9:07am Apr 4, 2018 9:07am
Hello,

I disagree with you Kelvin, this indicator repaint.
Look at this recent example on EUR/USD H4 :
Attached Image (click to enlarge)
Click to Enlarge Name: Sans titre 3.jpg Size: 266 KB


This is a valid signal, when X1,X2 and X3 are print on the screen ZigZag Indicator looks like the Red Line, after that Price go Higher and ZigZag repaint if you refresh your MT4 this signal will disapear.
I have found some other examples, I don't know how often that happens, but it seems pretty rare.
So It's better to forward testing this than backtesting
  • #60
  • Apr 4, 2018 9:27am Apr 4, 2018 9:27am
Agree Archangela we will have to forward test for sure.
Here is my eurusd 4hr chart ...not like yours really
Chris
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 129 KB


Kelvin I am sorry I don't want to go on about the repainting, I am only concerned that it is tradable live, so this is the last time I mention it.

I appreciate your contribution and look forward to raking in many pips along side you.
Chris
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