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  • #5,541
  • Aug 5, 2019 8:12am Aug 5, 2019 8:12am
Quoting benjun9
{quote} Pls go to this thread and read. https://www.forexfactory.com/showthread.php?t=930790
i put same setting but BDADR is repainting when market going against as euraud and eurcad today its going up its line .
  • #5,542
  • Aug 5, 2019 9:46am Aug 5, 2019 9:46am
Play from cloud or download and run this mp4/avi video.

Shows the static, non-shift nature of True TMA (grey line) versus repainted/smoothed TMA (red line)

https://drive.google.com/open?id=13zeEXk3DwJnAZUk2cznDGeRKdARwvAas

https://drive.google.com/open?id=19EpM1TC_BVJJnI4y4IqGO3XvOO6CKvPu
  • #5,543
  • Aug 5, 2019 10:00am Aug 5, 2019 10:00am
Quoting rogertaggart
{quote} thx R4M, I understand what you are saying. When I say it preserves a historic track, i mean it does not shift (as you say). It records the exact price point in time that the real (repainting) TMA ocuppies in each and every current period/candle. It is therefore not inferior or better than the repainting TMA. It just displays a static aspect of the repainting TMA, frozen in time as it were. So there is no real added complexity in code or very little. And in terms of CPU usage, it would be less intensive because it does not need to recalculate...
Quote
i mean it does not shift (as you say)
@rogertaggart -- every indicator shifts. You don't yet understand what shift means.

Quote
So there is no real added complexity in code
Really? Are you a programmer?

Quote
to see this in action simply add the two attached indicators
@rogertaggart -- please simply create a strategy using your preferred indicators and if it performs better than the one currently used by the BD strategy then I will be happy to switch.
  • #5,544
  • Aug 5, 2019 10:14am Aug 5, 2019 10:14am
Quoting MSuccess
Hi @R4M I am glad to report the Dashboard EA is working much better for me now, much smoother after reducing the pairs to 17 (or is it 18? ). Scored a couple of profitable trades this morning. I am running on a VPS as well as Dell i7 laptop. Do you have an explanation why the yellow and blue lines collapse and merge like they do in this chart? this only manifest in my laptop chart and not the VPS. Appreciating all your work. Stay cool. {image}
@MSuccess -- below is my corresponding chart -- I suspect you see something similar on your VPS:
Attached Image (click to enlarge)
Click to Enlarge Name: MSuccess-bug.png Size: 21 KB


From the screen shot you posted I can see that every bar is marked with a purple or blue dot -- which clearly is not right. I wonder whether the indicator crashed on your laptop and never properly completed its computations and markings. Could you upload a screen shot of the log (under the 'Experts' tab).
  • #5,545
  • Aug 5, 2019 11:10am Aug 5, 2019 11:10am
Quoting robots4me
{quote} @Pip-Miner -- respect is something that is earned based on what you do. You've been around here long enough to have heard a few tall tales. It's not what one says but, rather, what one does. Not only here but in real-life as well. I have nothing to hide and I've mentioned my background a few times. In a previous life I was a research biochemist. Around 30 years ago I went back to the university to earn a degree in Computer Science -- I was burned out on research. At 50 years old I was laid off and after 1.5 years trying to land a full-time...

Hello R4M
You seemed to of crammed a bit of knowledge into that grey matter over the years. Well done.
I'd like to know your thoughts on any interest in the MQL5 language. It has a few benefits over MQL4. Some say an easier language(close to C++), black box programming, 64 bit multi threaded platform, able to backtest multiple pairs at once at speed. Able to plug into a centralized trading exchange.
One of the drawdown's being, it's designed for the US market, no hedging, F.I.F.O hardwired in.
Any interest?
  • #5,546
  • Edited 12:27pm Aug 5, 2019 11:58am | Edited 12:27pm
Quoting FiveRows
{quote} Hello R4M You seemed to of crammed a bit of knowledge into that grey matter over the years. Well done. I'd like to know your thoughts on any interest in the MQL5 language. It has a few benefits over MQL4. Some say an easier language(close to C++), black box programming, 64 bit multi threaded platform, able to backtest multiple pairs at once at speed. Able to plug into a centralized trading exchange. One of the drawdown's being, it's designed for the US market, no hedging, F.I.F.O hardwired in. Any interest?
Hello @FiveRows

Quote
Hello R4M You seemed to of crammed a bit of knowledge into that grey matter over the years.
Thanks. But the truth is when you are drowning then you discover a very strong motivation to swim.

With regards to MQL5 -- yes, I've thought about it and it isn't that difficult to port software from MQL4 to MQL5 -- but there really is no compelling reason. It would mostly be an excuse to spend time doing something because there was nothing better to do. Here's why I feel that way:

1. Not all brokers support MT5 -- in fact, probably not even a majority. Not long ago I checked with OANDA and the response was they do not support MT5 and have no plans to in the future. OANDA is the largest US broker for US clients -- so, that sort of gives you a clue.

2. The vast majority of indicators and EAs are coded in MQL4 and there is a huge library of source code available. I do a lot of cutting / pasting of code snippets. I wouldn't be able to do that with MQL5. As to why MetaQuotes didn't design MQL5 to be backwards compatible? No one knows -- a very dumb decision. How many years has MQL5 been available? And its use is still dwarfed by MQL4.

3. Better performance -- yes. More robust back testing -- probably, yes. But the goal is trading.

4. Adherence to NFA regulations of no hedging and FIFO rules -- a huge, huge negative. Non-US clients have no clue what a pain that is and how it limits your use of EAs and automation. MetaQuotes has subsequently released a special version of MT5 that does allow hedging, but you have to specifically request that from your broker. This shows that hedging was an afterthought for MetaQuotes.

So, in the end, there really is no advantage. Switching from MT4 to MT5 would not make you a better trader. It would not make your strategies perform better. There are incremental performance improvements -- but not related to trading. Furthermore, the no hedging and loss of all the current MT4 indicators, source code and tools outweigh any benefits. If MetaQuotes killed-off MT4 then, yes, I could and would port the code to MT5 -- but probably not before.

So, to answer your question about interest in the MQL5 language I didn't respond with "YES" or "NO", but I'll assume you can catch my drift from my comments above.
  • #5,547
  • Aug 5, 2019 2:44pm Aug 5, 2019 2:44pm
Quoting greenfxx
{quote} i put same setting but BDADR is repainting when market going against as euraud and eurcad today its going up its line .
Read the thread. This has been discussed a hundred times.
  • #5,548
  • Aug 5, 2019 3:09pm Aug 5, 2019 3:09pm
Quoting robots4me
{quote} Hello @FiveRows {quote} Thanks. But the truth is when you are drowning then you discover a very strong motivation to swim. With regards to MQL5 -- yes, I've thought about it and it isn't that difficult to port software from MQL4 to MQL5 -- but there really is no compelling reason. It would mostly be an excuse to spend time doing something because there was nothing better to do. Here's why I feel that way: 1. Not all brokers support MT5 -- in fact, probably not even a majority. Not long ago I checked with OANDA and the response was they do...
My broker supports it(ICMarkets). Opened an account to check it out. Like you said, it's an MT4 world, still going strong.
There's similarities, small community, and why they didn't make it compatible with MT4 is beyond me too. The only drawcard for me would be the back testing. We're all here to trade, and MT4 still does that quite well.
Thanks for your opinion.
  • #5,549
  • Edited 9:39pm Aug 5, 2019 3:32pm | Edited 9:39pm
6 Simple Questions for Programmer Wannabes...

Honestly -- this is not directed at anyone in particular. I just feel like being a bit provocative may encourage more of you to dig a little bit deeper to gain a better understanding of MT4 and forex data. This would only benefit you in the long run.

Question #1:
H4 refers to a 4-hour chart or a 4-hour bar. H1 refers to a 1-hour chart of a 1-hour bar. Is an H4 bar made up of 4 H1 bars. If "yes", please explain. If "no", please explain.

Question #2:
The most recent bar shifts (i.e. recalculates) -- 'True' of 'False'? If 'True', please explain. If 'False', please explain.

Question #3:
If the most recent bar shifts, then is there a way to prevent shifting? If "yes", please explain. Also, if "yes", please explain the consequences if an algorithm was coded to prevent shifting.

Question #4: (my favorite)
Is there a difference between repainting and recalculating (i.e. shifting)? If "yes", please explain. If an algorithm repaints is there a way to prevent repainting? If "yes", please explain.

Question #5:
Let's suppose we are monitoring the current candle on an H4 chart. A candle has 4 parts -- Open, High, Low, Close. Is the current candle static? If yes, please explain. If no, please explain.

Question #6:
Again -- let's suppose we are monitoring the current candle on an H4 chart. When do you know its Close price? Also, at what time does its close price occur?

These are really, really fundamental questions. If you've been trading for more than a few months and don't know the answers then you should feel embarrassed. Not only is time wasted by repeatedly revisiting these questions, but your trading also suffers. Here we are trading precious money and we don't even understand how the data is represented or how an indicator even views the data. When you treat something as simple as a candle or bar as a black-box then trading will always be more challenging.
  • #5,550
  • Aug 5, 2019 11:18pm Aug 5, 2019 11:18pm
HI R4M,

I'm into testing the Dashboard EA, and i found something I need you take a look at.
The ADR must be wrong on daily chart?
See Picture, As you can see there is a buy signal and a close signal on AJ. see also the daily chart of AJ
Edit: Sorry for not removing the weekly pivot lines in AJ Picture (forgot to remove them before i take screen shot )
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Dashboard ADR.png Size: 70 KB
Click to Enlarge Name: AJ.png Size: 56 KB
  • #5,551
  • Aug 5, 2019 11:33pm Aug 5, 2019 11:33pm
Quoting El1000
HI R4M, I'm into testing the Dashboard EA, and i found something I need you take a look at. The ADR must be wrong on daily chart? See Picture, As you can see there is a buy signal and a close signal on AJ. see also the daily chart of AJ Edit: Sorry for not removing the weekly pivot lines in AJ Picture (forgot to remove them before i take screen shot ) {image} {image}

@El1000 -- nice. And I think I know why. Look at that last candle -- it satisfies BOTH an Entry signal (BUY) and it also crosses the midline -- so, it is also an EXIT. In other words, the same candle is responsible for generating both an Entry and Exit signal.

So -- what to do? I'm not sure -- but I think everything is okay. If this were the trading EA then I think it would open a trade and then close it -- which is the right thing to do. In this -- since you are using the dashboard EA -- then you would put on your discretionary cap and decide what to do. And at least you would know this was a special case where a candle generated both an Entry and Exit signal.

I think that lately the market is displaying some extraordinary behavior -- e.g. ADRs that are 3x-4x their usual. So, I guess, "boundary" cases like these may occur from time-to-time.

Interesting scenario -- thanks for pointing it out. I'll have to think about it some and perhaps @bishopdotun will have something more to add.
  • #5,552
  • Edited 12:37am Aug 6, 2019 12:06am | Edited 12:37am
Sorry, R4M, for again to bother you...

Also on AJ I got a buy (yesterday) and a sell this morning. Also I wonder why AllPairsEA took not a buy at the blue dot at 2:45h (spread was set to 100 points, bandshifting?), no clues in the logs. Yesterdays buy trade did not get closed at Midline today yet too. BTW, other lines are daily pivots.
Attached Image (click to enlarge)
Click to Enlarge Name: AJ.png Size: 54 KB

Edit: So I'm hedged now on AJ...
But overall not bad...

Attached Image (click to enlarge)
Click to Enlarge Name: TradeReport 6.8..png Size: 29 KB
I never lose - either I win or I learn...
  • #5,553
  • Aug 6, 2019 12:54am Aug 6, 2019 12:54am
Quoting jdva
Sorry, R4M, for again to bother you... Also on AJ I got a buy and a sell this morning. Also I wonder why AllPairsEA took not a buy at the blue dot at 2:45h (spread was set to 100 points), no clues in the logs. Yesterdays buy trade did not get closed at Midline today yet too. BTW, other lines are daily pivots. {image} But overall not bad... {image}
@jdva -- no bother. Your posts are always informative.

Quote
I wonder why AllPairsEA took not a buy at the blue dot at 2:45h (spread was set to 100 points), no clues in the logs.
It may be that the ADR at that time was less than MinPercentAdrCup -- I often forgot about that condition because it's not visible. Please see screen shot below:
Attached Image (click to enlarge)
Click to Enlarge Name: jdva-bug-03.png Size: 48 KB



Quote
Yesterdays buy trade did not get closed at Midline today yet too.
I think I was able to reproduce your chart -- please see screen shot below:
Attached Image (click to enlarge)
Click to Enlarge Name: jdva-bug-04.png Size: 46 KB


If that is the BUY you are referring to then, yes, I would have expected it to close at the midline. This likely is a bug. The fact that the indicator marks it but the EA doesn't see it gives me a clue as to what to look for in the code. I'll make a change in the code where I think the problem may lie but it will be hard to test until a similar scenario arises. I don't know if you are familiar with MQL4, but usually one checks for signals on the previous candle (index '1' in an array), but sometimes the signal may occur at the current candle (index '0'). Currently I'm using index '1', but it may be that I also need to check index '0'.

Another good catch -- thanks @jdva.

EDIT: Also, thanks for sharing your report. Considering this strategy totally relies on ADR and considering how wacky the ADR has been the past few days, then it's really nice to see you are still profitable.
  • #5,554
  • Aug 6, 2019 1:13am Aug 6, 2019 1:13am
Hi RAME, I have been using this indicator for entries and what has been amazing is that the signals front runs the propriety liquidity indicator that tracts the direction of the market of 22 major LPS. If you would consider adding this as an entry option for the BD RAM indicator it would help a lot of traders. nail reversals to the pip.

Kind Regards

Ferdinando
Attached File(s)
File Type: zip dynamic-gains-trading-system (1).zip   218 KB | 536 downloads
  • #5,555
  • Aug 6, 2019 1:21am Aug 6, 2019 1:21am
Quoting ferdinando
Hi RAME, I have been using this indicator for entries and what has been amazing is that the signals front runs the propriety liquidity indicator that tracts the direction of the market of 22 major LPS. If you would consider adding this as an entry option for the BD RAM indicator it would help a lot of traders. nail reversals to the pip. Kind Regards Ferdinando {file}
@ferdinando -- I don't have a clue what you are talking about. You would need to upload a screen shot and explanation before I would be interested.
  • #5,556
  • Edited 1:59am Aug 6, 2019 1:32am | Edited 1:59am
Quoting robots4me
{quote} @jdva -- no bother. Your posts are always informative. {quote} It may be that the ADR at that time was less than MinPercentAdrCup -- I often forgot about that condition because it's not visible. Please see screen shot below: {image} {quote} I think I was able to reproduce your chart -- please see screen shot below: {image} If that is the BUY you are referring to then, yes, I would have expected it to close at the midline. This likely is a bug. The fact that the indicator marks it but the EA doesn't see it gives me a clue as to what to look...
Yes, the MinPercentAdrCup function could be the reason why no entries. I have had a similar situation on EURAUD.
Can I set it to "0" on AllpAairsEA though running other positions?

As always, thx for taking your time...BTW I'm missing bishopdotun!
I never lose - either I win or I learn...
  • #5,557
  • Aug 6, 2019 2:07am Aug 6, 2019 2:07am
Quoting jdva
{quote} Yes, the MinPercentAdrCup function could be the reason why no entries. I have had a similar situation on EURAUD. Can I set it to "0" on AllpAairsEA though running other positions? As always, thx for taking your time...BTW I'm missing bishopdotun!
Quote
Can I set it to "0" on AllpAairsEA though running other positions?
@jdva -- yes, you can set it to '0'. However, I don't know what you mean by "though running other positions?"

Quote
BTW I'm missing bishopdotun!
He's around. I Skyped with him briefly earlier today. I think he has a lot on his plate right now, though I'm sure he keeps an eye on things.
  • #5,558
  • Aug 6, 2019 2:20am Aug 6, 2019 2:20am
Quoting robots4me
{quote} {quote} @jdva -- yes, you can set it to '0'. However, I don't know what you mean by "though running other positions?" {quote} He's around. I Skyped with him briefly earlier today. I think he has a lot on his plate right now, though I'm sure he keeps an eye on things.
I mean there are a lot open positions still running and whether they get influenced by changing conditions on the EA afterwards...
I would like also changing Midline to OppositeBand crossing...
I never lose - either I win or I learn...
  • #5,559
  • Aug 6, 2019 3:33am Aug 6, 2019 3:33am
Quoting jdva
{quote} I mean there are a lot open positions still running and whether they get influenced by changing conditions on the EA afterwards... I would like also changing Midline to OppositeBand crossing...
@jdav -- I think that should be fine.

Whenever you change the settings of a currently-running indicator or EA then that causes the current instance to terminate and a new instance is launched with the new settings.

Changing MinPercentAdrCup should only affect future Entries.

Changing Midline to OppositeBand should only future affect Exits -- including positions that are currently open.

Entry and Exit conditions are not associated with a particular trade -- rather, they are simply algebraic expressions that are executed with each tick.
  • #5,560
  • Aug 6, 2019 3:36am Aug 6, 2019 3:36am
Quoting robots4me
{quote} @ferdinando -- I don't have a clue what you are talking about. You would need to upload a screen shot and explanation before I would be interested.
Hi R4me, I overlayed the dynamic the BD RAM INDI with the dynanic gains indi for visual you requested.

Kind Regards

Ferdinando
Attached Image (click to enlarge)
Click to Enlarge Name: dynamic gains.PNG Size: 38 KB
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