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LazyTMA trading

  • #1
  • First Post: Edited Aug 7, 2020 3:59am Jun 10, 2019 11:18am | Edited Aug 7, 2020 3:59am
This thread is started because I do not want to disturb the threads of other valued members.
Here I will post some versions of the LazyTMA files.

The current versions are posted here, especially if I find bugs in the code ...
Attached File(s)
File Type: mq4 smLazyTMA Bands_v2.mq4   8 KB | 2,560 downloads

Attached File(s)
File Type: ex4 smSmallWick AvgSlopeLog_v3.ex4   15 KB | 2,918 downloads

Here the source code:
Attached File(s)
File Type: mq4 smLazyTMA AvgSlopeLog_v3.mq4   14 KB | 2,063 downloads | Uploaded Jul 24, 2019 11:57am

In #Post 11 - a first bug corrected...
Attached File(s)
File Type: mq4 smLazyTMA Bands_v2.1.mq4   9 KB | 2,947 downloads

The source code for the HuskyBands and EAs
Attached File(s)
File Type: mq4 smLazyTMA HuskyBands_v2.1.mq4   35 KB | 1,670 downloads | Uploaded Aug 7, 2020 2:43am
Attached File(s)
File Type: mq4 smLazyTMA EA_v6.0.mq4   49 KB | 1,016 downloads | Uploaded Aug 7, 2020 3:59am
File Type: mq4 smLazyTMA EA_v7.0.mq4   52 KB | 1,462 downloads | Uploaded Aug 7, 2020 3:59am
File Type: mqh smLazyTMA_EAIncludes_v4.mqh   44 KB | 1,182 downloads | Uploaded Aug 7, 2020 3:59am
  • #2
  • Edited 8:10pm Jun 10, 2019 11:30am | Edited 8:10pm
Quoting grenell1
... I love Median Renko on the DAX
Very nice!
I'm not a trader, but just for more of your tests you can also try the indicator I posted earlier.
- (for Long) Close under LowerBand1
- Histogram changes color from dark red to light red
- Entry above the high of the previous bar
- Trailingstop on Lower-Band1 or Band2

Attached Image (click to enlarge)
Click to Enlarge Name: GER30M1.png Size: 40 KB

This "smLazyTMA Bands" is a TMA version in which instead of ATR the standard deviation is used.
The multipliers are the mathematical 1,2,3,4 sequences.

The indicator "smSmallWick AvgSlopeLog" is:
logarithm of the slope of the moving average.

Moving average: SMA, 3, shift 1, on typical price (pivot).

Important is that the change of the histograms colors show a change of the second derivative of the slope.
The filter factor is the treshold on the sorted values of the slope values.
  • #3
  • Jun 10, 2019 1:27pm Jun 10, 2019 1:27pm
@Swingman -- Sir, it is about time!! I am so glad to see your new thread.

I'm subscribed!!
  • #4
  • Jun 10, 2019 1:42pm Jun 10, 2019 1:42pm
Nice one, SwingMan, glad to be on board for the journey!
  • #5
  • Jun 10, 2019 1:47pm Jun 10, 2019 1:47pm
I'm new, so what is the rule for Short? May seem obvious, but if it is stated it will remove any doubt or further questions.

Roy
  • #6
  • Jun 10, 2019 1:48pm Jun 10, 2019 1:48pm
May God Bless You and Your family and Friends (including me of course) with Healthiness, Happiness, Wealthiness, and Strong Faith forever..

Happy Coding Sir
NIH
Dog + Smile = Beautiful Day
  • #7
  • Jun 10, 2019 2:39pm Jun 10, 2019 2:39pm
Awesome man, swing man you are a Genius.
  • #8
  • Jun 10, 2019 3:02pm Jun 10, 2019 3:02pm
Hi all,

the "smLazyTMA Bands_v2" has a small bug because the bands are not drawn properly.

I did the programming on the weekend and only with live data have found this.
A quick fix is to limit the number of bars e.g. to 2000. Maybe I or someone will find a more elegant solution.
  • #9
  • Jun 10, 2019 3:15pm Jun 10, 2019 3:15pm
Hi SwingMan. I have subscribed to this interesting thread.

If you do any more work on smSmallWick indi, would you make available more values so the diminishing bar can be read through iCustom? Even better a status value showing which bar is being displayed.
  • #10
  • Edited 3:45pm Jun 10, 2019 3:32pm | Edited 3:45pm
Quoting nigpig
...would you make available more values so the diminishing bar can be read through iCustom?
In principle, I hate to change the indicators,

but you have in "Data Window" everything you need for iCustom:
- 1. the values "Slope-Average3"
- 2/3. the filter values "SlopeValuesUP and DN"
  • #11
  • Jun 10, 2019 3:44pm Jun 10, 2019 3:44pm
Quoting SwingMan
Hi all, the "smLazyTMA Bands_v2" has a small bug because the bands are not drawn properly.
I did the programming on the weekend and only with live data have found this.
A quick fix is to limit the number of bars e.g. to 2000. Maybe I or someone will find a more elegant solution.
Here is the corrected version so you can work with them.

For the right and elegant solution I still have to test...
Attached File(s)
File Type: mq4 smLazyTMA Bands_v2.1.mq4   9 KB | 1,626 downloads
  • #12
  • Jun 10, 2019 5:54pm Jun 10, 2019 5:54pm
Quoting SwingMan
{quote} Here is the corrected version so you can work with them. For the right and elegant solution I still have to test... {file}
Well done SwingMan, best TMA indicator seen so far. Nice and clear , very easy to trade , not cluttered with too many lines, the use of standard deviation. Also you share the mql4 and on top of all this a true gentleman and not rude.
  • #13
  • Jun 10, 2019 6:18pm Jun 10, 2019 6:18pm
Quoting SwingMan
{quote} Here is the corrected version so you can work with them. For the right and elegant solution I still have to test... {file}
Thank you very much for this thread/indicators. I actually find version2 quite OK but the corrected version 2.1 draws only a short centerline only.
  • #14
  • Jun 10, 2019 6:32pm Jun 10, 2019 6:32pm
Wonderful, maestro! I will construct such a system with this. May I ask what is the indicator on the bottom?
  • #15
  • Jun 10, 2019 7:58pm Jun 10, 2019 7:58pm
Quoting fxomo
{quote} Thank you very much for this thread/indicators. I actually find version2 quite OK but the corrected version 2.1 draws only a short centerline only.
The same for me.
  • #16
  • Jun 10, 2019 8:06pm Jun 10, 2019 8:06pm
Quoting clemmo17
...May I ask what is the indicator on the bottom?
The explanation have you in the name:
logarithm of the slope of the moving average.

Moving average: SMA, 3, shift 1, on typical price (pivot).

Important is that the change of the histograms colors show a change of the second derivative of the slope.
The filter factor is the treshold on the sorted values of the slope values.
  • #17
  • Edited 10:06pm Jun 10, 2019 9:04pm | Edited 10:06pm
Wait!!!! here I am
Hello Master SwingMan & Nih98! & all other great mems
sm, you just made a very nice indi Sir, cant wait to see how to trade with your indis <3.

...btw Could you guys please explain the indi "smSmallWick AvgSlopeLog" more visually & how to read it's changes? ... I know that Master SM explained it in post #2 & # 16.. but my stupid, it sounds technically to me & Im new to coding mql, just few months ... so I cant not get it without looking into the source code!
Thanks
Cheers,
...want it most but use it worst!
  • #18
  • Jun 11, 2019 4:26am Jun 11, 2019 4:26am
New indicator "smLazyTMA Signals_v1"

Here is a simple signal indicator, only for lazy traders:
- in trend direction of TMA will be generated signals when the candles cross the TMA bands.

Lazy Trading idea:
- Entry at next candle.
- Lots calculation with 1% risk for SL on band 4.
- Exit if TMA changes the direction (color)
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYH1.png Size: 122 KB
Attached File(s)
File Type: mq4 smLazyTMA Signals_v1.mq4   11 KB | 2,922 downloads
  • #19
  • Jun 11, 2019 4:58am Jun 11, 2019 4:58am
Strange...

When visually checking the new indicator on all pairs and all time frames (M15..D1), I have not seen a single loss ... (maybe one or two very small).

Maybe someone else can confirm or deny that.
  • #20
  • Jun 11, 2019 4:59am Jun 11, 2019 4:59am
Quoting SwingMan
New indicator "smLazyTMA Signals_v1" Here is a simple signal indicator, only for lazy traders: - in trend direction of TMA will be generated signals when the candles cross the TMA bands. Lazy Trading idea: - Entry at next candle. - Lots calculation with 1% risk for SL on band 4. - Exit if TMA changes the direction (color) {image} {file}
Thank you so much Master!
Have a nice day! im ... proud to be one of your lazy traders
...want it most but use it worst!
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