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MADdash (Moving Average Distance)

  • #2,661
  • May 16, 2019 7:19am May 16, 2019 7:19am
Quoting procmail
{quote} What's TM? Trade Management? Are your trades done manually nowadays or via EA? Thanks for sharing your tools and ideas!
Yes TM is trade management and my trades are taken via a WIP EA. (WIP is work in progress, and we're still in the lab).
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  • #2,662
  • May 16, 2019 7:24am May 16, 2019 7:24am
Quoting 919gilead
{quote} Yes TM is trade management and my trades are taken via a WIP EA. (WIP is work in progress and still in the lab). {image}
George
Now you are full auto trading or is semi?
I remember you mentioned a major work.
Were you talking about this EA?
I thought you were developing a new indicator or dashboard to improve your entries
  • #2,663
  • May 16, 2019 7:47am May 16, 2019 7:47am
Quoting Merka
{quote} George Now you are full auto trading or is semi? I remember you mentioned a major work. Were you talking about this EA? I thought you were developing a new indicator or dashboard to improve your entries
I still trade manually and my company is developing a robot (EA) trader that can be both auto and/or semi, and that's the major project I have been working on. It's cost an arm and a leg but looking good and consistent.

Got to go now and God bless
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  • #2,664
  • May 16, 2019 8:19am May 16, 2019 8:19am
Quoting 919gilead
{quote} I still trade manually and my company is developing a robot (EA) trader that can be both auto and/or semi, and that's the major project I have been working on. It's cost an arm and a leg but looking good and consistent. Got to go now and God bless
Let us know when you release EA.
  • #2,665
  • May 16, 2019 8:31am May 16, 2019 8:31am
Quoting Johannes7
{quote} Let us know when you release EA.
It is not publicly available
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  • #2,666
  • May 16, 2019 8:32am May 16, 2019 8:32am
Are you ready???
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  • #2,667
  • May 16, 2019 8:38am May 16, 2019 8:38am
Quoting 919gilead
Are you ready??? {image}
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All in free trade except one with 4 pip profit protected and trailing by 15 pip.
While I was getting ready and doing analysis EA did not wait for me before taking the trades
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  • #2,668
  • May 16, 2019 8:48am May 16, 2019 8:48am
Quoting 919gilead
{quote} It is not publicly available
That's very disappointing .
  • #2,669
  • May 16, 2019 8:50am May 16, 2019 8:50am
After exhaustion, another reversal trade in GA
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  • #2,670
  • May 16, 2019 8:59am May 16, 2019 8:59am
Quoting Johannes7
{quote} That's very disappointing .
Sorry. This is something that cost years of research work and money to code with failures upon failures and having to go back to the drawing board before getting to this stage. Unfortunately nothing good comes cheap - it cost tears and blood sweat.
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  • #2,671
  • May 16, 2019 9:19am May 16, 2019 9:19am
Quoting 919gilead
Are you ready??? {image}
Interesting. I read this to mean to get ready for a resumption of the downtrend once it breaks the MA channel and all the GBPNZD numbers turn red.
How do you tell it's exhaustion? Is it because the numbers have turned green and more importantly, there already has been a long and substantial move?
  • #2,672
  • May 16, 2019 9:20am May 16, 2019 9:20am
Quoting 919gilead
{quote} Sorry. This is something that cost years of research work and money to code with failures upon failures and having to go back to the drawing board before getting to this stage. Unfortunately nothing good comes cheap - it cost tears and blood sweat.
No worries, you've given us a lot to work with
  • #2,673
  • May 16, 2019 10:40am May 16, 2019 10:40am
Quoting procmail
{quote} Interesting. I read this to mean to get ready for a resumption of the downtrend once it breaks the MA channel and all the GBPNZD numbers turn red. How do you tell it's exhaustion? Is it because the numbers have turned green and more importantly, there already has been a long and substantial move?
Trading is a game of probability and we always want the odd to be on our side. I trade the NOW trend and use the MADdash to get a small edge by ensuring I am on the side of the short term move. Took the trade because
1. Price has already moved 135 pips down
2. It has been consolidating round the bottom for the last 3 hours hinting of exhaustion
3. Price is now above my MA Channel
4. M30 and H1 candle closed above the MA Channel
5. M1 & M5 Maddash are moving increasingly in the opposite direction

Read my post 2638 again
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  • #2,674
  • May 16, 2019 10:41am May 16, 2019 10:41am
Quoting procmail
{quote} No worries, you've given us a lot to work with
Thank you
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  • #2,675
  • May 16, 2019 3:06pm May 16, 2019 3:06pm
Quoting 919gilead
{quote} Trading is a game of probability and we always want the odd to be on our side. I trade the NOW trend and use the MADdash to get a small edge by ensuring I am on the side of the short term move. Took the trade because 1. Price has already moved 135 pips down 2. It has been consolidating round the bottom for the last 3 hours hinting of exhaustion 3. Price is now above my MA Channel 4. M30 and H1 candle closed above the MA Channel 5. M1 & M5 Maddash are moving increasingly in the opposite direction Read my post...
Just catching up on this thread and noticed the comments about GBPNZD ready to turn

This chart not of your method, but has some PVSRA tools on it, love the Market times and RDH = Circled

Speaking of your method, I notice where you mention the channel on the chart is LWMA of 35, High and Low,

What are the current settings for the Mad Dash; also 35 ?

Or I think I did see where they may be different for time frames?

Are you willing to share those?

Much Appreciated, Thanks

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It takes a lot for me to IGNORE you, but you can try.
  • #2,676
  • May 16, 2019 3:19pm May 16, 2019 3:19pm
Quoting Erebus
{quote} Just catching up on this thread and noticed the comments about GBPNZD ready to turn This chart not of your method, but has some PVSRA tools on it, love the Market times and RDH = Circled Speaking of your method, I notice where you mention the channel on the chart is LWMA of 35, High and Low, What are the current settings for the Mad Dash; also 35 ? Or I think I did see where they may be different for time frames? Are you willing to share those? Much Appreciated, Thanks {image}
Hey Erebus, good to see you my friend. System has not changed and still use the same 35 LWMA for both the MA Channel and the MADdash on all TFs. I did play with the default 24 EMA of Ibuks dashboard but the MA does not matter as long as we use the same MA on the channel and the dashboard. If you put both 24 EMA and 35 LWMA on the chart, you find very little difference, so I conclude that the MA does not matter.

Cheers
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  • #2,677
  • May 16, 2019 3:20pm May 16, 2019 3:20pm
Quoting 919gilead
{quote} Sorry. This is something that cost years of research work and money to code with failures upon failures and having to go back to the drawing board before getting to this stage. Unfortunately nothing good comes cheap - it cost tears and blood sweat.
No worries
  • #2,678
  • May 16, 2019 3:29pm May 16, 2019 3:29pm
Quoting 919gilead
{quote} Hey Erebus, good to see you my friend. System has not changed and still use the same 35 LWMA for both the MA Channel and the MADdash on all TFs. I did play with the default 24 EMA of Ibuks dashboard but the MA does not matter as long as we use the same MA on the channel and the dashboard. If you put both 24 EMA and 35 LWMA on the chart, you find very little difference, so I conclude that the MA does not matter. Cheers
Thanks for that, I will check it out a bit more

I don't know how you handle 1 minute so well, seems a bit jumpy to me

And 5 M and 15 M show the trend when there is one, for me at least.

Forgot to say about the GBPNZD chart, it turned right at that ADR of 135 and it was at New York session

In fact, look closely from the 8 AM banks + hedge funds open, the vertical line, to the 9:30 stock market open is when price moves UP

Thanks again, cheers
It takes a lot for me to IGNORE you, but you can try.
  • #2,679
  • May 16, 2019 3:41pm May 16, 2019 3:41pm
Quoting 919gilead
{quote} I actually asked for this addition to a trade management tool @ SHF to close trade on 2nd candle opening after the candle that closes outside the Trend/MA Channel but request was declined which was no problem but request was labeled "idiotic" by Steve and threatened to ban me if I do not desist from making such request. I just exited the group without second thoughts.
Just a comment and my view on this, I see over there he often belittles people and then blames his bad mood

At the same time, they ask for donations to help keep the forum open

Now, how can anyone justify making a donation one day, when they might be ridiculed and banned the next day?

I think it has just turned in a mad coders society, interesting to see the next new thing

It get it's own thread and special postings for about 6 months, then fades away.....
It takes a lot for me to IGNORE you, but you can try.
  • #2,680
  • May 16, 2019 3:46pm May 16, 2019 3:46pm
Quoting Erebus
{quote} Thanks for that, I will check it out a bit more I don't know how you handle 1 minute so well, seems a bit jumpy to me And 5 M and 15 M show the trend when there is one, for me at least. Forgot to say about the GBPNZD chart, it turned right at that ADR of 135 and it was at New York session In fact, look closely from the 8 AM banks + hedge funds open, the vertical line, to the 9:30 stock market open is when price moves UP Thanks again, cheers
You're welcome

Quote
I don't know how you handle 1 minute so well, seems a bit jumpy to me And 5 M and 15 M show the trend when there is one, for me at least.
I trade the M30/H1 candle on the M5 (and sometimes M1) TF. I only consider a trade after the M30/H1 candle have crossed over the MA Channel on the LTF mostly M5, then look for confirmation on the MADdash that both the M1 & M5 signal are strongly moving together (in the opposite direction after strong consolidation that hints of price exhaustion, otherwise I trade with the M30/H1 trend and only wait for M1/M5 pullback and enter after both LTF recycles into the M30/H1 trend).

Quote
Forgot to say about the GBPNZD chart, it turned right at that ADR of 135 and it was at New York session
I am not as smart as you and don't consider all these factors as I trade outside the box and this helps me get into trades as quickly as possible with minimal SL in case I am wrong, and SL is also moved into BE + 4 pips as soon as trade moves into profit. If price pulls back and I get stopped out I keep my 4 pips and if it continues, I get into a gravy train and start to trail my SL. I only look for structure and pattern as I explained above.

Going for a snooze

Shalom
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