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Price Action Trading with Indicators! The Freebie System

  • #9,021
  • May 28, 2018 12:43pm May 28, 2018 12:43pm
Quoting Dredding82
{quote} I have sent you a PM if you want the indicator, since no one wanted to take me serious i wont give them out unless people ask. If they dont ask they can search the forums
Can u please send me your whole indicator.. Please
  • #9,022
  • May 28, 2018 2:29pm May 28, 2018 2:29pm
Quoting 20aprilbeta
{quote} Can u please send me your whole indicator.. Please

Hi 20aprilbeta. Unfortunately Dredding is not with us anymore. I don't mean he past away... he stopped coming to the thread and answering his emails.

Which indicator where you looking for? The indicators used are the standard stochs, 3sema, zigzag, daily pivots. The only other thing is the EA that we been working with for the past couple of years. All we need is a good long term indication that is all the EA requires. Something that is consistent.

Take care,
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,023
  • Jun 6, 2018 11:01am Jun 6, 2018 11:01am
Hello folks. If anyone is around... lol
I think i have nailed it. looks like i found a decent way to detect the upper tf trend. So far i have been running this for 2 weeks. The freebie is basically using the original strategy with a new upper tf indication.

So far it has been producing profit. I would give it a month or 2 for to tell if this is consistent. I will be posting results as i continue to forward test. Expect a new version to be released soon....

Hope to see anyone lol
jess
Attached Image (click to enlarge)
Click to Enlarge Name: freebie.png Size: 30 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #9,024
  • Jun 6, 2018 4:27pm Jun 6, 2018 4:27pm
Fresh off the chart... freebie in action look at the day % and week%.. that is happening right now
Attached Image (click to enlarge)
Click to Enlarge Name: freebieToday.jpg Size: 154 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #9,025
  • Jun 6, 2018 5:37pm Jun 6, 2018 5:37pm
Quoting xmess7
Fresh off the chart... freebie in action look at the day % and week%.. that is happening right now {image}
Looks promising - waiting for more info
maahome
  • #9,026
  • Jun 8, 2018 9:30am Jun 8, 2018 9:30am
Folks:

Results so far for this week. Yesterday there was a drawdown. But I can't say for sure what the real number was. I need to make adjustment as to how the EA is recording profit...

This is what I saw. At first I woke up and saw that it was down supposedly -14%, so I thought typical price has swung the other way after Wednesday..
In addition the EA had opened up multiple trades per pair. So that also made sense the new losing pairs added to the loss. Then the moment of truth came...
All trades where closed. Now that caught me by surprise... cause first of all many were still negative. Turns out that one pair had hit TP and that closed everything.

Look at the screen shot. Looks like today we had a 10%. Well that's not accurate. That means that that pair had a 10% day. So what I was seeing before must of been another pair that was down -14%.

Anyhow, the final result to my surprise was +12%. So looks like I have to fix some code and make some choices.....

Will keep you posted..
Attached Image (click to enlarge)
Click to Enlarge Name: freebieToda2y.jpg Size: 92 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #9,027
  • Jun 10, 2018 10:19am Jun 10, 2018 10:19am
why is this thread in recycle bin?
  • #9,028
  • Jun 10, 2018 2:21pm Jun 10, 2018 2:21pm
Cause the owner Dredding is no longer around..
Our AWESOME IMAGINATION is the true holy grail!
  • #9,029
  • Jun 10, 2018 6:07pm Jun 10, 2018 6:07pm
Quoting xmess7
Cause the owner Dredding is no longer around..
Jess open a new thread Wis this ea
  • #9,030
  • Jun 14, 2018 5:50pm Jun 14, 2018 5:50pm
Results for this week so far.

Folks we only got 3% so far this week. Not bad at all considering all of the news that happened.
The EA has been very picky this week and it produced profit. Week is not over so lets see if any new trades happen...

week 3 and so far so good. I hope to release this in no more than 2 weeks.. so stay tuned.
Attached Image (click to enlarge)
Click to Enlarge Name: freebie.png Size: 25 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #9,031
  • Jun 17, 2018 6:40pm Jun 17, 2018 6:40pm
Xmess sir,are you testing this freebie V56 or boloso EA,Please update the EA with the long term trend indicator, thanks for testing and improving the EAs.
  • #9,032
  • Jun 17, 2018 8:35pm Jun 17, 2018 8:35pm
Quoting T4Trade
Xmess sir,are you testing this freebie V56 or boloso EA,Please update the EA with the long term trend indicator, thanks for testing and improving the EAs.
Yes i am testing freebie v58 just give me two more weeks. i want to make sure that the calculations for long term are working properly. if all goes well, wil piblish new version . In the mean time i will post results..

Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,033
  • Jun 20, 2018 1:23am Jun 20, 2018 1:23am
Quoting xmess7
{quote} Yes i am testing freebie v58 just give me two more weeks. i want to make sure that the calculations for long term are working properly. if all goes well, wil piblish new version . In the mean time i will post results.. Thnx Jess
Hello Xmess7 what are you using for trend detection?
  • #9,034
  • Jun 20, 2018 2:01am Jun 20, 2018 2:01am
Quoting Checkz
{quote} Hello Xmess7 what are you using for trend detection?
I programmed code to simulate a 3 line brake candle setup. The EA has all this in code in it, so no need to open any charts... plus its fasstt
You can go to trade view and setup a daily 3 line break chart or just use the indicator I made. Its like renko charts, you open the pair you are interested in and then you slap on the indicator. I added a button so you can just click on the button and it will give u the list of the offline charts. The name of the offline symbol is on the chart.

For now I am testing the real simple red or green bar detection. If red short trend, if green long trend

So far there has been no trades this week.. so something is up and I need to check the code to see what is happening.

Enjoy
Attached Image (click to enlarge)
Click to Enlarge Name: tradeview.jpg Size: 190 KB
Attached File(s)
File Type: ex4 xm7_ThreeLineBreak_Offline.ex4   36 KB | 263 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #9,035
  • Jun 20, 2018 2:27am Jun 20, 2018 2:27am
Quoting xmess7
{quote} I programmed code to simulate a 3 line brake candle setup. The EA has all this in code in it, so no need to open any charts... plus its fasstt You can go to trade view and setup a daily 3 line break chart or just use the indicator I made. Its like renko charts, you open the pair you are interested in and then you slap on the indicator. I added a button so you can just click on the button and it will give u the list of the offline charts. The name of the offline symbol is on the chart. For now I am testing the real simple...
I will definitely check this out thanks
  • #9,036
  • Jun 20, 2018 10:44am Jun 20, 2018 10:44am
Quoting xmess7
{quote} I programmed code to simulate a 3 line brake candle setup. The EA has all this in code in it, so no need to open any charts... plus its fasstt You can go to trade view and setup a daily 3 line break chart or just use the indicator I made. Its like renko charts, you open the pair you are interested in and then you slap on the indicator. I added a button so you can just click on the button and it will give u the list of the offline charts. The name of the offline symbol is on the chart. For now I am testing the real simple...
So are you using the the 4 hour offline chart for trend direction for your 15 minute trades. For example Usd/Cad is showing a green bar on the 4 hour chart so I only take buy signals on the 15 minute charts.
  • #9,037
  • Jun 21, 2018 1:08am Jun 21, 2018 1:08am
Quoting Checkz
{quote} So are you using the the 4 hour offline chart for trend direction for your 15 minute trades. For example Usd/Cad is showing a green bar on the 4 hour chart so I only take buy signals on the 15 minute charts.
Nope, the EA is using the rules that were set by the master. The EA automatically does that.. If you are on m15 it uses the D1 as the higher TF.. etc etc etc
Go search the forum... somewhere in a post he mentions what lower TFs use what higher Tfs LOL..
Our AWESOME IMAGINATION is the true holy grail!
  • #9,038
  • Jun 21, 2018 1:13am Jun 21, 2018 1:13am
UPDATE:

Folks, I found some errors in the code that were not allowing the higherTrend to be defined. This was why the EA has not traded all week long.
In addition I am streamlining the code. I have alot of old code that I can minimize due to new approaches. so for example code that took 50 lines is now being done with 10 lines. Plus there are some logic steps that were very complicated and have now been simplified.

Man... I saw the origination date... I been working on this code since 2011!!! LOL.

Ok lets see what this does and I will report results. Once I see that it is working perfectly I will release it so you guys can have a go at it.

So far the approach of just looking for the color of candles on the higher TF is working but there are a couple of ways that can be used to have a better detection of the higher TF. If these current approach continues to work I will just leave at that, otherwise I will start using the other approaches to see if that improves the trend detection...

Alright, stay tuned...
J
Our AWESOME IMAGINATION is the true holy grail!
  • #9,039
  • Jun 21, 2018 1:39am Jun 21, 2018 1:39am
Quoting Dredding82
{quote} I look at the H4 and D1 for M15 and H1 trades.....for lower TFs i would look at the H4 and H1 TFs... As i have said already ....i look to see if the higher TF is making higher highs or lower lows.....But every person is different, one could say the trend is up when it is down or it is down when it is up. Finding the trend is up to you which whatever way you feel comfortable with . The easy way is to load my template which ever you are using on the TF you want to trade then open another chart with a higher TF next to it and...
I only asked because of this particular post
  • #9,040
  • Jun 21, 2018 1:49am Jun 21, 2018 1:49am
Quoting Checkz
{quote} I only asked because of this particular post
oh good find. I kinda remember this one... but there was another one where he specified. But let me look at what he wrote and see how it can be handled.
Our AWESOME IMAGINATION is the true holy grail!
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