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  • #341
  • Oct 19, 2006 11:53am Oct 19, 2006 11:53am
Quoting GP2X
Yes, it's lower. But in your version, Bar 1 of the countdown also has a lower high than the low of 3 bars ahead, why it starts the countdown?
Seems as if there's some confusion..myself included. I'll just quote myself back from a few pages back when I mentioned intersection:
Quote
I've been looking over the latest TD sequential from you (btw check your pm's if you haven't done so already), and have a comment regarding the Intersection. For a buy Countdown to begin (after the 1-9 Setup is completed), Intersection must take place. Starting from bar 8 of the Setup, the HIGH of bar 8 must be greater than or equal to the LOW of 3 bars prior, or 4 bars prior, or 5 bars prior...all the way down to the first bar of the setup. If bar 8 doesn't meet this criteria, then we go on to bar 9 of the Setup and apply the same test. If bar 9 also doesn't meet the criteria, then we go on to as many subsequent bars as is necessary to see this Intersection happen. Only once Intersection occurs can we start the 1-13 Countdown process.

For instance, in the chart below, a buy setup is complete, but the intersection doesn't take place right away. The high of bar 8 is NOT greater than or equal to the LOW of bar 5, 4, 3, 2, or 1. We go on to bar 9...the high of bar 9 is also not greater than or equal to the low of bar 6, 5, 4, 3, 2, or 1. So we go on to the next one...and the next...and finally, two bars after bar 9 of the setup, the intersection condition is met. So it seems to me that the Countdown should begin at the bar located 3 to the right of setup bar 9.

The same concept would hold for a sell Countdown intersection, just in reverse. I'd appreciate any other input on this matter because intersection seems to be a pivotal requirement to the Countdown process. Best regards

Now it seems that aha is comparing two bars at once, with the "overlap" concept...for example the HIGH of either bar 8 OR bar 9 must be greater than or equal to the LOW of either bar 6 or any previous bar for a buy setup intersection to be met. If not, then compare the high of either bar 9 or bar 10 with the low of either bar 7 or previous, and so on. Is this correct? If so could you tell me of where you gathered this overlap method, I must've missed it. Best regards
  • #342
  • Oct 19, 2006 11:59am Oct 19, 2006 11:59am
Quoting phoenix
weghio, i have 3 questions (question 3 is the most important--it's a make it or break it question):

1) if my entry conditions are met on successive days, do i then open a new trade on each successive day? e.g. if i have a buy signal on day 1 and then another buy signal on day 2, do i open a buy on 1 and then another on day2?

2) in reference to your five day close rule, do i close on the open or the close of the fifth day?

3) in your td carrie variant, you mention the use of percentages of prices for stoplosses, and target.

what should i use as my reference for my percentages? the absolute value of the base currency? or some other range? for stocks these percentages give reasonable values (unless you're using this to trade berkshire hathaway stocks )), however for forex, a 12% TP will be huge! for eur/usd for example, a 12% TP target can be on the order of a 1000 pips!

there's no way a currency will move that much in a week.

did the article mention what the percentages were respect to? some kind of weekly range would seem more reasonable

phoenix
Hi phoenix,

1. This is somewhat of a conjecture but I don't think so. As long as they are the same type of successive signals, I think you don't open a new one but rather stay with your original trade until it meets its exit condition. If they're opposing signals, though, I think you close your original trade and initiate the new one.

2. It's the close of the fifth day.

3. I don't think the percentage is a fixed rule of the method..as long as you're consistent in your use of position sizing. The test that was performed was done with stocks so its percentage value is understandable given what you said. I think it's arbitrary and a matter of individual discretion how to determine risk within the forex context. Best regards
  • #343
  • Oct 19, 2006 12:37pm Oct 19, 2006 12:37pm
Hi guys!
Sorry, but I feel that we need to get a little bit organized. For example, there are 3 versions for TDSEQ (aha, clam and GP2; with mines it makes 4). Insteed of having this four different versions of the same indicator, we could have 4 different indicators. We have to start to make a team. I expect to share your opinions either here, either PM me.
The trend isyour friend untilis about to end...
  • #344
  • Oct 19, 2006 12:37pm Oct 19, 2006 12:37pm
Mine does the intersection check based on this. Compare 8 agains 5to1, 9 agains 6to1, x agains x-3 to 1 until it meets the requirement.
Quoting weghio
Seems as if there's some confusion..myself included. I'll just quote myself back from a few pages back when I mentioned intersection:


Now it seems that aha is comparing two bars at once, with the "overlap" concept...for example the HIGH of either bar 8 OR bar 9 must be greater than or equal to the LOW of either bar 6 or any previous bar for a buy setup intersection to be met. If not, then compare the high of either bar 9 or bar 10 with the low of either bar 7 or previous, and so on. Is this correct? If so could you tell me of where you gathered this overlap method, I must've missed it. Best regards
  • #345
  • Oct 19, 2006 1:06pm Oct 19, 2006 1:06pm
I think the intersection check involves checking the latest two bars against the bars 3 bars earlier. So even though bar 1 of the count down is not qualified, but the bar before bar 1 (bar 9 of setup) is qualified.

Does anyone have a chart from the book may clarify this?


Edit: Just saw weghio's post on this one. it looks like weghio share the same view as GP2X. I think I may have interprated the book wrong. will fix it.


Quoting GP2X
Yes, it's lower. But in your version, Bar 1 of the countdown also has a lower high than the low of 3 bars ahead, why it starts the countdown?
Target: Trading naked.
  • #346
  • Oct 19, 2006 1:13pm Oct 19, 2006 1:13pm
I agree with you. But by comparing our results we did uncover bugs from each other. I guess once we reach the same understanding on method, we can release only one version (v1.0) of it as the team effort.




Quoting hans_gregor
Hi guys!
Sorry, but I feel that we need to get a little bit organized. For example, there are 3 versions for TDSEQ (aha, clam and GP2; with mines it makes 4). Insteed of having this four different versions of the same indicator, we could have 4 different indicators. We have to start to make a team. I expect to share your opinions either here, either PM me.
Target: Trading naked.
  • #347
  • Oct 19, 2006 1:17pm Oct 19, 2006 1:17pm
Quoting aha
I think the intersection check involves checking the latest two bars against the bars 3 bars earlier. So even though bar 1 of the count down is not qualified, but the bar before bar 1 (bar 9 of setup) is qualified.

Does anyone have a chart from the book may clarify this?


Edit: Just saw weghio's post on this one. it looks like weghio share the same view as GP2X. I think I may have interprated the book wrong. will fix it.
hope that this will clarify
Attached File(s)
File Type: pdf intersection.pdf   290 KB | 618 downloads
The trend isyour friend untilis about to end...
  • #348
  • Oct 19, 2006 1:26pm Oct 19, 2006 1:26pm
Sorry that I have another version now :-)
Changes in V2:
Added recycle
Added nullified, "X"
Keep nonperfect setups, mark a "P" for perfect setups
Tried to draw stopline but couldn't get it to work for all the counterdowns, currently only draw for the last one.
Mark a "*" for nonqualified countdowns
Keep the values in buffers so it's possible to make an EA on it.


Quoting hans_gregor
Hi guys!
Sorry, but I feel that we need to get a little bit organized. For example, there are 3 versions for TDSEQ (aha, clam and GP2; with mines it makes 4). Insteed of having this four different versions of the same indicator, we could have 4 different indicators. We have to start to make a team. I expect to share your opinions either here, either PM me.
Attached File(s)
File Type: mq4 TDSequentialByGP2X_V2.mq4   12 KB | 664 downloads
  • #349
  • Oct 19, 2006 1:28pm Oct 19, 2006 1:28pm
More, 4 numbers are configurable now, 9, 4, 13 and 2.
Quoting GP2X
Sorry that I have another version now :-)
Changes in V2:
Added recycle
Added nullified, "X"
Keep nonperfect setups, mark a "P" for perfect setups
Tried to draw stopline but couldn't get it to work for all the counterdowns, currently only draw for the last one.
Mark a "*" for nonqualified countdowns
Keep the values in buffers so it's possible to make an EA on it.
  • #350
  • Oct 19, 2006 2:01pm Oct 19, 2006 2:01pm
Hi GP2X, thanks for the new version. While looking it over I came to the graph below. It shows that a buy setup is completed and a countdown has begun, but...the countdown stops after reaching #9, even though there are no qualifications for it to be stopped out and subsequent bars seem to meet the criteria for continuing the countdown. Could you look it over, thanks and best regards
Attached Image
  • #351
  • Oct 19, 2006 2:14pm Oct 19, 2006 2:14pm
This is my version.
General Options:
serial: password to access the indicator
NumBars: From which bar will start do draw and compute the TDSEQ
charsize: self explain

Setup Phase Advaced Options:
CMBuyCancelMethod & CMSellCancelMethod
Contratrend Move Cancel Method refers to setup cancellation if the price experience a contratrend move prior to completion of either the setup or countdown. user can select:
0-no CMCancellation


1- H>HCL/L<LCL< p>

2- H>HH/L<LL< p>

3- CL>HCL/CL<LCL< p>

4- CL>HH/CL<LL< p>

5- CL>HTH/CL<LTL< p>

6- L>HTH/H

SetupPeriod: 4SetupLength: 9
BuySetupColor
SellSetupColor
DisplayIncompleteSetups - if a setup does not reach number 9 because a priceflip is incomplete
DisplayExtendedSetup - if a setup reach numbers greater than 9, is extended
UseSetupQualifier - Low of 7,8 or 9 smaller than Low of 6 AND Close of 7,8,or 9 greater than Low of 6 (conversily for a sell setup, using High of bar 6)- it will display letter "Q" near number "9"
RecycleType
0 - no recycle
1 - the most recent setup is used to start the coundown
2 - the greatest setup is used to start the countdown (NOT CODED)
ShowFlips - will display an arrow below/above the priceflip

Countdown Phase Advanced Settings
CountdownPeriod: 2
CountdownLength: 13
BuyCountdownColor
SellCountdownColor
UseTerminationCount: all that is required to record the final pricebar of a buy/sell countdown would be for the close, the open or the low/high to be less/greater of a buy/sell low/high two price bars earlier
CountdownQualifier: close of 13 less/greater than close of 8
DisplayIncompleteCountdown: display countdowns which did not reach number 13
ShowIntersectionBar: display letter "Y" bellow/above the bar which fullfill intersection

Intersection Phase Advanced Settings
UseIntersection
IntesectionPeriod: 3 (NOT CODED)

I started to work on TDST levels. You will notice the lines. They are not perfect. It's for orientation purposes.
I will code the other type of recycles.
It's far from finished version.

Save as to ex4 put it in indicators directory
The password will be PM to you.
Attached File(s)
File Type: mq4 TDSEQ_by Hans_v1.ex4.mq4   30 KB | 632 downloads
The trend isyour friend untilis about to end...
  • #352
  • Oct 19, 2006 3:36pm Oct 19, 2006 3:36pm
hans

could you explain TD ST levels? I tried doing a search on them but did not find any
  • #353
  • Oct 19, 2006 3:47pm Oct 19, 2006 3:47pm
i noticed a bug in my code. it had to do with some optimization i did, that kinda screwed up the algorithm

to fix this...i added a new parameter, "numBars". like others, this specifies how far back you want to start TD Sequential. If you set numBars to 0, it will start from as far back as it can...doing this might eat up some memory if the chart is constantly updating. default is set to 1000 which should be enough.

incidentally, combining TD Sequential with another trend reversal type indicator, the Vegas Wealth builder. Unless it is trending heavily, TD Sequential seems to give some good results. Still no use for the countdown setup, but the 9 setup seems to do well.
Attached File(s)
File Type: zip clam61_Sequential_Reversal.zip   32 KB | 681 downloads
  • #354
  • Oct 19, 2006 3:49pm Oct 19, 2006 3:49pm
incidentally, combining TD Sequential with another trend reversal type indicator, the Vegas Wealth builder. Unless it is trending heavily, TD Sequential seems to give some good results. Still no use for the countdown setup, but the 9 setup seems to do well.

check out the beautiful results when taking the arrows at the fib lines
Attached Image
  • #355
  • Oct 19, 2006 3:50pm Oct 19, 2006 3:50pm
this oen too
Attached Image
  • #356
  • Oct 19, 2006 4:07pm Oct 19, 2006 4:07pm
Quoting clam61
hans

could you explain TD ST levels? I tried doing a search on them but did not find any
TDST is the HTH of a Sell Setup or the LTL of a buy setup. I will come beck with further details
The trend isyour friend untilis about to end...
  • #357
  • Edited 4:44pm Oct 19, 2006 4:08pm | Edited 4:44pm
Quoting clam61
incidentally, combining TD Sequential with another trend reversal type indicator, the Vegas Wealth builder. Unless it is trending heavily, TD Sequential seems to give some good results. Still no use for the countdown setup, but the 9 setup seems to do well.

check out the beautiful results when taking the arrows at the fib lines
I observed that too. At first sight it seems that countdown works a little better for daily charts
The trend isyour friend untilis about to end...
  • #358
  • Oct 19, 2006 4:10pm Oct 19, 2006 4:10pm
Quoting hans_gregor
TDST is the HTH of a Sell Setup or the LTL of a buy setup. I will come beck with further details
HTH? high true high? look forward to reading the details
  • #359
  • Oct 19, 2006 4:34pm Oct 19, 2006 4:34pm
I got different charts here on the same pair :-(.
Anyway, I commented the code to clear numbers(might be something wrong there) and attached as a newer version. Please try again.
Quoting weghio
Hi GP2X, thanks for the new version. While looking it over I came to the graph below. It shows that a buy setup is completed and a countdown has begun, but...the countdown stops after reaching #9, even though there are no qualifications for it to be stopped out and subsequent bars seem to meet the criteria for continuing the countdown. Could you look it over, thanks and best regards
Attached File(s)
File Type: mq4 TDSequentialByGP2X_V21.mq4   12 KB | 706 downloads
  • #360
  • Oct 19, 2006 5:13pm Oct 19, 2006 5:13pm
Calling all EA Programmers!

I have recently discovered a problem with MT4's Strategy Tester and my EA and I was wondering if anybody else was noticing this problem or if it is a known problem and what can be done about it.

When my EA executes with Strategy Tester, it is pulling the data out of the indicators properly at the right time etc. However, I discovered that the prices for the Bid/Ask are coming from a time frame 2 hours earlier than the time frame of the most current bar on the chart. I am at a loss to understand why this is occuring. I'm thinking it has something to do with a GMT time adjustment, but it shouldn't be happening. Anyway, it is throwing off all the entry prices on the EA completely and invalidating all my tests.

Help would be appreciated.

GirlFlyer
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