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Money management: Capital needed per 0.07 USD per microlot 0 replies

The Volume Detective 411 replies

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(binned per thread starter’s request) MM (Money Maker) Detective

  • #4,061
  • Jul 1, 2019 3:48am Jul 1, 2019 3:48am
Quoting skyway
{quote} I did some work this morning on this and the result is posted on my thread. I adapted the concepts from this thread for the final product. https://www.forexfactory.com/showthread.php?p=12358753#post12358753
@skyway -- nice. What indicator are you using to generate the yellow and purple arrow signals?
  • #4,062
  • Jul 1, 2019 3:49am Jul 1, 2019 3:49am
It seems we need a rule such that if the midline shiftswhile a trade is still open then the Exit becomes the opposite band -- something like that.


If midline shifts while in sell trade
- & price is now below the midline
- exit if price reverse back to midline or
- exit if price touches the lower band

vise versa for buy
  • #4,063
  • Jul 1, 2019 4:58am Jul 1, 2019 4:58am
Quoting robots4me
{quote} @bishopdotun -- nice. A question about the dashboard. Is it good enough for the dashboard to simply say BUY or SELL or EXIT, along with the server and local times?
I have missed the QUAD-MML Instrument changer index in My settings. Where can I find it? I hope you share it! Actually I missed 28 trading pairs in my settings!
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  • #4,064
  • Jul 1, 2019 6:25am Jul 1, 2019 6:25am
Quoting anhthu049
{quote} I have missed the QUAD-MML Instrument changer index in My settings. Where can I find it? I hope you share it! Actually I missed 28 trading pairs in my settings! {image}
This is from Masterrmind (https://www.forexfactory.com/masterrmind)

Attached File(s)
File Type: ex4 Instrument_Changer-QUAD-MML.ex4   14 KB | 399 downloads
  • #4,065
  • Jul 1, 2019 6:39am Jul 1, 2019 6:39am
Quoting bishopdotun
{quote} This is from Masterrmind (https://www.forexfactory.com/masterrmind) {file}
I think the R4M_BB_ADR index should install TF: M15, M30, H1 to help us identify points (pink, green) as soon as it happens. I think we can put Sell, Buy Limit to predict the price, as well as the TP in the middle because the rule we give is consistent with the above rule. Thank you BD for sharing the clear, easy strategy and rules. It is important to identify strategic ADR in accordance with the actual ADR of the trading pair.
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  • #4,066
  • Jul 1, 2019 7:07am Jul 1, 2019 7:07am
Target reached

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  • #4,067
  • Edited 7:29am Jul 1, 2019 7:14am | Edited 7:29am
Ignored Signals

I circled potential trade opportunities that were ignored because the candle didn't close above the boundary before retracing. They are good signals as well.

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Over to you @R4M. We should catch these once too.
  • #4,068
  • Jul 1, 2019 7:36am Jul 1, 2019 7:36am
Quoting bishopdotun
Ignored Signals I circled potential trade opportunities that were ignored because the candle didn't close above the boundary before retracing. They are good signals as well. {image} Over to you @R4M. We should catch these once too.
I think whether we base on the actual ADR index to add an R4M_BD_ADR indicator to limit the omission of the entry point? I assume the current ADR: 80; I put R4M_BD_ADR default 100 and put R4M_BD_ADR 2nd: 90th Chart results on the figure.
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  • #4,069
  • Jul 1, 2019 7:52am Jul 1, 2019 7:52am
Had no internet since 19th June but back now and with superfast fibre. Lot of catching up to do.
  • #4,070
  • Jul 1, 2019 8:26am Jul 1, 2019 8:26am
The signal is generated and the width is quite large when it flows

So it's very confusing.
  • #4,071
  • Jul 1, 2019 8:29am Jul 1, 2019 8:29am
Quoting anhthu049
{quote} I think whether we base on the actual ADR index to add an R4M_BD_ADR indicator to limit the omission of the entry point? I assume the current ADR: 80; I put R4M_BD_ADR default 100 and put R4M_BD_ADR 2nd: 90th Chart results on the figure. {image}
Thanks but No. 100% ADR is the minimum.

If price pokes above the 100% ADR mark, then I am interested in the reversal. Otherwise, I pass.
  • #4,072
  • Jul 1, 2019 9:07am Jul 1, 2019 9:07am
long story short

fractal has done marketing for tarmo's paid indicators
when tarmo threw him into the recyle bin he climbed on george's back
aaand when the ship is sinking he's begging, oh sorry "suggesting" that you should work for george

man, im amazed.
Necessity knows no law except to conquer
  • #4,073
  • Edited 9:34am Jul 1, 2019 9:08am | Edited 9:34am
A message from Jamal , fractal freak for R4me
https://www.forexfactory.com/showthread.php?t=768090&page=312
Here a message to robots4me:


Recommendation 1:
robots4me; in life, one has to correct mistakes and one should not waste valuable opportunities neither; in particular, if one has the chance to make a difference for others. We all make mistakes, it is important however to correct these.
You are a programmer with potential; however you do not have a lot of trading experience.
If I were you, I would make up with George; apologize and take his offer to work on some indis together.
If you would be able to do that; I am sure you could even become the new "forum star" because possibly these decisions could lead to the completion of some new, valuable tools for the community. Think about that! Do not let any fights / ego things come in the way!


Recommendation 2:
Here are my own comments on your current work (understand that I do have a lot of experience with all kinds of tools in a trading context).
Out of all indis; the "liquidity gap" indi is the most interesting. However, in its current form; it is almost unusable since it slows down any backtests and cannot be tested / used in an EA. You need to find a better way to program it in MQL, so it does not have the arreas issue and is more CPU-friendly.
I suggest to fix that and to make it better that way. I can then offer you to look at it and show whether; over a large sample; it is rather robust or not.
At this stage; your work needs some tweaking. But the possibilty is there. Will you be able to UNITE people here and to CREATE something great? Or will useless bickering and fighting close the door to that possibility? Think about that.
A BOUNDLESS mindset is needed outside of trade analysis, too.


Stay safe,
FF
  • #4,074
  • Jul 1, 2019 9:40am Jul 1, 2019 9:40am
Thank you fraki for caring, but im doing well. honestly im looking for dramaqueens like you while waiting for my setups as stated a few times before

sorry for disturbing this thread, but that retard blocked me eons ago when we were called broker trolls, now they call you guys prostitues
im amazed again
Necessity knows no law except to conquer
  • #4,075
  • Jul 1, 2019 11:42am Jul 1, 2019 11:42am
Quoting Pip-Miner
A message from Jamal , fractal freak for R4me https://www.forexfactory.com/showthread.php?t=768090&page=312 Here a message to robots4me: Recommendation 1: robots4me; in life, one has to correct mistakes and one should not waste valuable opportunities neither; in particular, if one has the chance to make a difference for others. We all make mistakes, it is important however to correct these. You are a programmer with potential; however you do not have a lot of trading experience. If I were you, I would make up with George; apologize and...
@Pip-Miner -- thanks for bringing @FF's post to my attention. I have browsed his posts from time-to-time and found them interesting and informative. And I like his style -- he's different than the other 3. But I also judge a person by the friends they keep.

As for his suggestion -- my response isn't fit to print here. It would get my membership revoked from FF.
  • #4,076
  • Jul 1, 2019 12:43pm Jul 1, 2019 12:43pm
Quoting bishopdotun
Ignored Signals I circled potential trade opportunities that were ignored because the candle didn't close above the boundary before retracing. They are good signals as well. {image} Over to you @R4M. We should catch these once too.
@bishopdotun -- I understand, but let me suggest this...

The current strategy works very well -- in fact, considering how many people are experimenting with it (under different conditions) and reporting positive results is really quite amazing.

So -- to everyone -- please maintain a list of your good ideas. Let's complete this initial version, get the bugs worked out, create an EA and simple dashboard. By the way -- I wouldn't consider missed trade opportunities a bug. If we were to relax the strategy to include missed trades then it would probably result in more false positives -- it's always a trade-off. After version #1 is complete we can then add additional rules or policies that affect the "stringency" and people could adjust that to their trading preference, knowing that more trade opportunities could also lead to more false positives.

After we have a solid baseline to work with then we can revisit the strategy and add some additional optional rules and settings.

In the real world this is what happens with many software projects -- it's called "feature creep". All the engineers and developers keep having new ideas and, in the end, the application is never completed and gets shelved.
  • #4,077
  • Jul 1, 2019 11:42pm Jul 1, 2019 11:42pm
NZDJPY 1 H

Was sleeping when hit the center line...
Attached Image
Less is more...
  • #4,078
  • Jul 2, 2019 1:09am Jul 2, 2019 1:09am
New Entries

Both happened at key SR zones (Look left)

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  • #4,079
  • Jul 2, 2019 1:24am Jul 2, 2019 1:24am
Updated version of the @bishopdotun indicator -- R4M-BD-ADR.ex4

I've just now uploaded a new version of the R4M-BD-ADR.ex4 to the other thread -- "Custom Indicators for TMA-ADR Reversal Trading and BBMA" (https://www.forexfactory.com/showthread.php?t=920925). All indicators are bundled in a *.zip file.

The main improvement for this version is performance. Turns out there was a bug (I am embarrassed to admit) -- but this was the first one ever, trust me. The bug did not affect computations -- rather, it was repeatedly calling a recursive function unnecessarily.

@pipcruiser had reported a problem attaching the indicator to more than 7 or 8 charts. I think that is now do-able. I don't know what the new maximum is, but it should now be more than 8.

Also, I'm not sure whether this has an affect, but below are the 'Max bars in history' and 'Max bars in chart' settings I am currently using. The strategy doesn't need that many bars for trading purposes. The extra bars just mean you can scroll to the left and see all the trades you wished you had taken if only @bishopdotan had invented this strategy a month earlier.

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Please let me know whether or not you also notice an improvement in performance. I am currently turning my attention to creating an EA version of the BD indicator.
  • #4,080
  • Jul 2, 2019 1:42am Jul 2, 2019 1:42am
Quoting robots4me
Updated version of the @bishopdotun indicator -- R4M-BD-ADR.ex4 I've just now uploaded a new version of the R4M-BD-ADR.ex4 to the other thread -- "Custom Indicators for TMA-ADR Reversal Trading and BBMA" (https://www.forexfactory.com/showthread.php?t=920925). All indicators are bundled in a *.zip file. The main improvement for this version is performance. Turns out there was a bug (I am embarrassed to admit) -- but this was the first one ever, trust me. The bug did not affect computations -- rather, it was repeatedly calling a recursive...
______________

Awesome - I have it running op 15 charts no probs. Alerts pop-up/ push works like charm!

Idea: Alert when hit mid line : True

Thanks

PC
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