Attachments: Swing x1, x2, x3 Strategy by Kelvin

Swing x1, x2, x3 Strategy by Kelvin

#61
Apr 4, 2018 9:30am Apr 4, 2018 9:30am

forexcentric
| Joined Aug 2008 | Status: Trader | 169 Posts

Quoting Arkangela

Disliked

... This is a valid signal...

Ignored

Hi Arkangela, according to the rules of the originator, this isn't a valid signal.

If you take the first blue bar at the left of X1, you can see that its high is higher than the upper body of X1 and its low is lower than the low of X1. This drives you to the "X1 zone variation 2" from the rules of originator, so the X1 zone is the low of that blue bar ( a little above 1.2330 ), not the low of the candle X1. Now, searching X2, which is the bar at the left with open lower than X1 zone ? Is that big blue bar marked under with a green 3 ( 21 Mar 20h ). So we search a X3 on the right of X1 which is a close below open of X2 ( about 1.2260 ). This event didn't happened, so we don't have a swing high ( by the rules of originator ) and the trend stayed up all the way ...

#62
Apr 4, 2018 9:47am Apr 4, 2018 9:47am

Arkangela
| Joined Jul 2012 | Status: Trader | 37 Posts

Ok, I didn't choose a good example

. So look at this one :

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#63
Edited 10:01am Apr 4, 2018 9:48am | Edited 10:01am

kelvinonw
| Commercial User | Joined Aug 2017 | 146 Posts

Quoting Arkangela

Disliked

Hello, I disagree with you Kelvin, this indicator repaint. Look at this recent example on EUR/USD H4 : {image} 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

Ignored

like i said earlier error in code. not setup as it is impossible for the setup criteria when met to vanish. setup is based on candles not some indicator .

on the image u posted its error on coding happening. The x1,x2,x3 setup happened on 1hr not 4hrs. yes it showed on 4hrs initially but when refreshed it went off.
the indicator some times shows setups from other timeframes in the current time frame being viewed.
Notice on the 4hrs chart there was no x123 setup.

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so again, error in coding.

The setup doesnt repaint what u see happening is error in coding.

corrections to be made on indy coding

- setups from each timeframes remains on timeframe

- multi timeframe alert issue
- Or make an E.A from the scratch based on the x1,x2,x3 candle formation. so we can forward test it.

#64
Apr 4, 2018 11:16am Apr 4, 2018 11:16am

armyda
| Commercial User | Joined Apr 2013 | 1,600 Posts

I have done tests with the indicator. I noticed that sometimes the signal appears at the end of the candle with the number 3. Other times after a candle. I also noticed something that had escaped me, it seems that the system is repaint. At this point it does not seem as reliable as I thought at the beginning. I took a look at the source, but I do not think it makes sense to put your hands in it, as it would distort the indicator.

#65
Apr 4, 2018 11:54am Apr 4, 2018 11:54am

kette
Joined Jan 2018 | Status: Trader | 17,298 Posts

I can only say that the x1 x2 x3 is great for me
you have to pay attention to which one time you act (sideways trend)
I am acting real account

Attached Image(s) (click to enlarge)

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Name: NZDUSDH4.png
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#66
Apr 4, 2018 2:46pm Apr 4, 2018 2:46pm

Arkangela
| Joined Jul 2012 | Status: Trader | 37 Posts

Quoting kelvinonw

Disliked

{quote} like i said earlier error in code. not setup as it is impossible for the setup criteria when met to vanish. setup is based on candles not some indicator . on the image u posted its error on coding happening. The x1,x2,x3 setup happened on 1hr not 4hrs. yes it showed on 4hrs initially but when refreshed it went off. the indicator some times shows setups from other timeframes in the current time frame being viewed. Notice on the 4hrs chart there was no x123 setup. {image}{image} so again, error in coding. The setup doesnt repaint what u see...

Ignored

No setup is based on ZigZag Indicator to determine X1 candle.
Here is an example of repainting :
We have a signal :

Attached Image

ZigZag repaint :

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If I refresh, signal disapear :

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I also notice that sometimes the signal doesn't appear at X3 bar close, but a bar later.

Will look at code when I have time

#67
Apr 4, 2018 3:08pm Apr 4, 2018 3:08pm

kette
Joined Jan 2018 | Status: Trader | 17,298 Posts

you use a demo account

#68
Edited 5:27pm Apr 4, 2018 5:16pm | Edited 5:27pm

kette
Joined Jan 2018 | Status: Trader | 17,298 Posts

Hello Kevin,
I like to share the indicators I work with
It is important to note H1 and H4

Attached File(s)

QFF-MACDv1.ex4 4 KB | 613 downloads

RSI (6).ex4 36 KB | 593 downloads

rsx histo alerts arrows mtf.ex4 62 KB | 655 downloads

_MA_Crossover_Alert_.ex4 17 KB | 594 downloads

_MA_Crossover_Alert_.mq4 8 KB | 588 downloads

#69
Apr 4, 2018 5:43pm Apr 4, 2018 5:43pm

larryxx
| Joined Nov 2017 | Status: Trader | 50 Posts

Quoting kette

Disliked

Hello Kevin, I like to share the indicators I work with It is important to note H1 and H4 {file} {file} {file} {file} {file}

Ignored

Hello Kette, can you share how you use the indicator with your iwn strategy?Thank you

#70
Apr 4, 2018 6:13pm Apr 4, 2018 6:13pm

kette
Joined Jan 2018 | Status: Trader | 17,298 Posts

I use it with the kelvin strategy
2 candle in H1 or H4 after x1 or x3, if the signals match
until now, all trades were ok
i still have to say compare always with the tpo chart vah / val and poc

Attached Image (click to enlarge)