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Day Trading vs. Swing Trading vs. Position Trading 86 replies

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LazyTMA trading

  • #61
  • Jun 12, 2019 4:04pm Jun 12, 2019 4:04pm
Quoting Pip-Miner
1) today before the enhancement: 600 pips. 1 LOSS trade out of 20 batch. 2 Green pink,purple bands held all day. I checked the enhancements and entries are even better now. Trades are now in the hot spot. Very easy to trade trending pairs with this setup like Dragon. Shorts looks devastating for longs on this setup. {image} {image}
sorry I redraw your graphic to let see how I look at this picture.If we consider TP is middle line its not good idea to open sell position with such bad RR.I backtested many more signals like this and they dont turn good.
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  • #62
  • Edited 4:42pm Jun 12, 2019 4:24pm | Edited 4:42pm
Quoting ficibald
{quote} sorry I redraw your graphic to let see how I look at this picture.If we consider TP is middle line its not good idea to open sell position with such bad RR.I backtested many more signals like this and they dont turn good. {image}
Tp is x on the mean in new version.
  • #63
  • Jun 12, 2019 4:43pm Jun 12, 2019 4:43pm
Quoting ficibald
{quote} sorry I redraw your graphic to let see how I look at this picture.If we consider TP is middle line its not good idea to open sell position with such bad RR.I backtested many more signals like this and they dont turn good. {image}
Hi Ficibald,

May I suggest regarding R:R that you open 3 trades (equal to your 1 trade normal risk/lot size) with 3 different TP targets, that way you could capture that bigger move on your chart, with at lease one of your trades. When doing this it's very important to move SL to BE plus a few pips a.s.a.p.

Regards

R.T.
Some people say I'm lucky, but the more I practice the luckier I get
  • #64
  • Jun 12, 2019 5:10pm Jun 12, 2019 5:10pm
Also, there is a repainting problem that requires fixing. Once fixed it will be a non repainting indicator.
  • #65
  • Jun 12, 2019 7:46pm Jun 12, 2019 7:46pm
We could also add an Alert, i missed this one.
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  • #66
  • Jun 12, 2019 8:57pm Jun 12, 2019 8:57pm
Clean out on 30 min. Some nasty people around.
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  • #67
  • Jun 12, 2019 9:01pm Jun 12, 2019 9:01pm
Quoting Pip-Miner
Clean out on 30 min. Some nasty people around. {image}
G'Day all,

Have you tried it with Gold/Silver??
Stay green!!!
  • #68
  • Jun 12, 2019 10:06pm Jun 12, 2019 10:06pm
Quoting Froggy
{quote} G'Day all, Have you tried it with Gold/Silver??
Tried on Wall Street us30 just now, works on CFD . I'm satisfied so far.
Dragon , US30 are enough for me during Asian Session.
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  • #69
  • Jun 13, 2019 8:11am Jun 13, 2019 8:11am
Quoting iflyontheky
middle line is repainting but i think arrows are fine they are not repainting any one notised any issue about arrows ?
Arrows are repainted too.

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  • #70
  • Jun 13, 2019 8:41am Jun 13, 2019 8:41am
Quoting Xxyy
...Arrows are repainted too.
Unfortunately, that's right...
I have just read the comments of @mladen in mql5 forum, and he particulary says that the TMA is not suitable for signals!

I thought that at least the TMA middle line remains stable, I have to test that, but I have to make a few program changes for the bands.
If we know that the signals are not stable, then there is also a solution ...
I believe that the programmers in the threads in which the TMA is used also have better solutions than mine.
  • #71
  • Jun 13, 2019 8:41am Jun 13, 2019 8:41am
yes arrows also repainting. we cant trust ,, kindly watch again your code its not working fine.
  • #72
  • Jun 13, 2019 8:52am Jun 13, 2019 8:52am
im testing it with MA for i dentify trend and then folow the arrow but arrows are repainting but still some trades are in arrows direction.
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  • #73
  • Jun 13, 2019 9:30am Jun 13, 2019 9:30am
Quoting iflyontheky
im testing it with MA for i dentify trend and then folow the arrow but arrows are repainting but still some trades are in arrows direction. {image}
arrows are the old version. The new version has circles . Repainting issues still occur with lines and circles. Higher time frames required.
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  • #74
  • Jun 13, 2019 9:48am Jun 13, 2019 9:48am
Quoting Pip-Miner
{quote} arrows are the old version. The new version has circles . Repainting issues still occur with lines and circles. Higher time frames required. {image}
there is no any big change bitween arrow and cercule. thay both disapear. im testing on h4.
  • #75
  • Jun 13, 2019 10:04am Jun 13, 2019 10:04am
Quoting SwingMan
{quote} Unfortunately, that's right... I have just read the comments of @mladen in mql5 forum, and he particulary says that the TMA is not suitable for signals! I thought that at least the TMA middle line remains stable, I have to test that, but I have to make a few program changes for the bands. If we know that the signals are not stable, then there is also a solution ... I believe that the programmers in the threads in which the TMA is used also have better solutions than mine.
SwingMan I'm sure you will find a solution to the repainting part of TMA. I did share a non repainting version that you could use the code to try fix the repainting?

Besides that this is a very good indicator I like how you combined the trend filter with the TMA, and if used as a tool can really help with trading.

Do you think in the next version you can add alerts please? That will help a lot.
Truth is like poetry. And most people f*cking hate poetry.
  • #76
  • Jun 13, 2019 10:36am Jun 13, 2019 10:36am
sm does an excellent job and contributes here, as always!! thank you very much. On the subject of no repaint, zznbrm member at one time has written a code that if I remember correctly avoided that effect en TMA behavior.
Humble & Kalcker CLO2 = Covid killer
  • #77
  • Jun 13, 2019 10:49am Jun 13, 2019 10:49am
Quoting mrdfx
...SwingMan I'm sure you will find a solution to the repainting part of TMA. I did share a non repainting version that you could use the code to try fix the repainting? Besides that this is a very good indicator I like how you combined the trend filter with the TMA, and if used as a tool can really help with trading. Do you think in the next version you can add alerts please? That will help a lot.
Thank you!
- If you have a better TMA version, can you send me (upload or PM me for email).
The problem of the TMA (see @mladen), is that for the current bars the values are different if you check the same bars after another 20-30 bars (repainting). Unfortunately, the nice centering algorithm falsifies the signals!

OK, now I know that, and because you also wrote that the combination with the trend filter is good, I think that I have found a solution (trick 17), so on get stabler signals.
If everything works, I also do the alerts, before that makes no sense.
  • #78
  • Jun 13, 2019 3:18pm Jun 13, 2019 3:18pm
Hey Swingman,

Amazing work! Keep it up!

Here uploaded is a TMA indi that doesn't repaint.
Attached File(s)
File Type: mq4 LWMA_TrueTMA (2).mq4   3 KB | 1,856 downloads
  • #79
  • Jun 13, 2019 3:32pm Jun 13, 2019 3:32pm
Quoting Pip-Miner
Hi Swingman , Been doing some testing and the results are good. Trading with the trend is easier on 15 + time frame. Some changes to improve signal 1) Remove the repainting as others mentioned. 2) Only take buy signals below middle line on buy trend(blue) and sell signals above the middle line on sell trend (red). Currently signals appear out of these zones. 3) The reversals against the trend could be included. Signals below green line for buys, signals above pink for sells. The entry could be further filtered by oscillator showing divergence or...
Are the bands getting repainted like the tma as well??, i think i find something interesting with the bands...
  • #80
  • Jun 13, 2019 6:13pm Jun 13, 2019 6:13pm
Quoting LongBTC
Hey Swingman, Amazing work! Keep it up! Here uploaded is a TMA indi that doesn't repaint.
Thanks for the file!
It does not repaint because the indicator is just the simple LWMA, with two bands.

@mladen mentioned many years ago that after the appearance of TMA, many other indicators have used that or "triangular" in your names.
What we need is a TMA-Centered-Not-Repainting indicator, and unfortunately that does not exist.
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