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The Volume Detective 411 replies

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  • #5,561
  • Aug 6, 2019 3:55am Aug 6, 2019 3:55am
Hi R4M! I encountered a minor problem on the dashboard ea. The exit condition is stuck on Crosses Midline even I changed to Exit on the opposite band. Pls check. Thanks.
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  • #5,562
  • Aug 6, 2019 4:46am Aug 6, 2019 4:46am
Quoting benjun9
Hi R4M! I encountered a minor problem on the dashboard ea. The exit condition is stuck on Crosses Midline even I changed to Exit on the opposite band. Pls check. Thanks. {image}
That is strange, benjun9...I did the same on AllPairsEA and had no problem...I think both EAs are using the same logic regarding exit conditions
I never lose - either I win or I learn...
  • #5,563
  • Aug 6, 2019 7:03am Aug 6, 2019 7:03am
@R4M

Can I ask you a boring question and sorry if you already replied to it.
It's about R4M ADR indicator.
I can't understand where the top bottom dot white points bands are centered on.
Are they centered on daily open?
On moving averages of some sort?
Etc....
  • #5,564
  • Aug 6, 2019 7:34am Aug 6, 2019 7:34am
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 earlier in reply to your post I posted a screen shot of the dynamic gains indicator overlay ed over the BD Ram Indicator for visual of how the signals it generates could be be used for accurate reversal entries. The observation I made about the proprietary liquidity sentiment indicator that tracts 22 major liquidity providers and their followers was only meant to emphasize how the dynamic gains indi accurately mimics that sentiment and provides signals in the direction of that sentiment. If there is a sentiment shift right after a signal is generated it immediately signals an alert so that one can get on the right side of the sentiment shift. You test it and see if it meets your criteria.

Kind Regards

Ferdinando
  • #5,565
  • Aug 6, 2019 7:35am Aug 6, 2019 7:35am
AllPairsEA Test Update D1 on M15 (sorry R4M I know wrong thread...but because of continuation)

So all positions are closed...some did not close on OppositeBand (changed from Midline exit during trades already running) thus I closed them manually near the opposite band. Well considering very high volatility currently, we have virtually a currency "war", hence please no big euphoria!

Nevertheless look at the 600 net pips in 1,5 days...very encouraging ! Again much credit to R4M and bishopdotun!

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I never lose - either I win or I learn...
  • #5,566
  • Aug 6, 2019 7:37am Aug 6, 2019 7:37am
Excellent result across the weekend after NFP
Many pairs are over daily ADR, and more than 150%ADR cup, though the market stretch even a bit extreme on Monday, they all retrace strongly today. Some even reached the midline and ended in profit, esp jpy pairs and nzd pairs
Massive pips in these few days. Won't attach charts now coz I'm on the go
Thanks bd and r4m
Will screen some reversal strategies to pinpoint entry/catch a falling knife better. (Don't get me wrong, the indi/dashboard alone is already excellent)
  • #5,567
  • Aug 6, 2019 7:43am Aug 6, 2019 7:43am
Quoting ferdinando
{quote} Hi R4me earlier in reply to your post I posted a screen shot of the dynamic gains indicator overlay ed over the BD Ram Indicator for visual of how the signals it generates could be be used for accurate reversal entries. The observation I made about the proprietary liquidity sentiment indicator that tracts 22 major liquidity providers and their followers was only meant to emphasize how the dynamic gains indi accurately mimics that sentiment and provides signals in the direction of that sentiment. If there is a sentiment shift right after...
@Ferdinando
Is your indicator static (when you have a signal it will not change anymore) or it ricalculate etc...?
Thanks
  • #5,568
  • Aug 6, 2019 10:02am Aug 6, 2019 10:02am
Quoting Merka
{quote} @Ferdinando Is your indicator static (when you have a signal it will not change anymore) or it ricalculate etc...? Thanks
Hi Merka, see post 5554 for the download link. The indicator has 2 alerts , one that would warn you when there is a p0tential entry signal that flashes an arrow and when the signal is confirmed a permanent arrow will display and a pop up window will now display buy or sell confirmed.

Regards

Ferdinand
  • #5,569
  • Aug 6, 2019 10:52am Aug 6, 2019 10:52am
Hello R4M,

Strange...AllPairsEA did close those 2 EURCHF trades early on the opening band and not the opposite band...

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I never lose - either I win or I learn...
  • #5,570
  • Aug 6, 2019 11:11am Aug 6, 2019 11:11am
Quoting ferdinando
{quote} Hi Merka, see post 5554 for the download link. The indicator has 2 alerts , one that would warn you when there is a p0tential entry signal that flashes an arrow and when the signal is confirmed a permanent arrow will display and a pop up window will now display buy or sell confirmed. Regards Ferdinand
Thanks
  • #5,571
  • Aug 6, 2019 11:23am Aug 6, 2019 11:23am
Quoting ferdinando
{quote} Hi R4me, I overlayed the dynamic the BD RAM INDI with the dynanic gains indi for visual you requested. Kind Regards Ferdinando {image}
@Ferdinando -- I don't see the yellow ADR bands. Also, how do you trade it? I see lines and arrows but don't know what they mean. Also, I don't know what "dynamic gains" means.

@Ferdinando -- put yourself in my shoes. He have almost completed version 1 of the BD Strategy. You come along and say "add this indi". What am I suppose to do? If you wish to convince someone, you have to do a better job of explaining how it works and why it would help.
  • #5,572
  • Aug 6, 2019 11:29am Aug 6, 2019 11:29am
Quoting benjun9
Hi R4M! I encountered a minor problem on the dashboard ea. The exit condition is stuck on Crosses Midline even I changed to Exit on the opposite band. Pls check. Thanks. {image}
@benjun9 -- I can not reproduce it. Whenever you change a setting an EA terminates and then relaunches with the new settings. The only explanation I can think of is perhaps the EA crashed.

Could you send a screen shot of the log messages, under the 'Experts' tab?
  • #5,573
  • Aug 6, 2019 11:35am Aug 6, 2019 11:35am
@R4M

Please another dummy question.
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  • #5,574
  • Aug 6, 2019 11:37am Aug 6, 2019 11:37am
Quoting Merka
@R4M Can I ask you a boring question and sorry if you already replied to it. It's about R4M ADR indicator. I can't understand where the top bottom dot white points bands are centered on. Are they centered on daily open? On moving averages of some sort? Etc....
@Merka -- those white bands move vertically up and down during the day as the daily High and Low change. At any moment in time I believe the center is the middle of the daily High and Low -- until that time when the delta between the daily High and Low equals the ADR, and then the bands become frozen in place. But I'm not sure -- I adapted that indicator from another one.
  • #5,575
  • Aug 6, 2019 11:39am Aug 6, 2019 11:39am
Quoting robots4me
{quote} @Merka -- those white bands move vertically up and down during the day as the daily High and Low change. At any moment in time I believe the center is the middle of the daily High and Low -- until that time when the delta between the daily High and Low equals the ADR, and then the bands become frozen in place. But I'm not sure -- I adapted that indicator from another one.
Thanks for the answer
Cheers
  • #5,576
  • Aug 6, 2019 11:50am Aug 6, 2019 11:50am
Quoting Merka
@R4M Please another dummy question. {image}
@Merka -- good question -- but I would leave them at the defaults.

Briefly -- most ADR algorithms begin the day at your broker's server time of 00:00. But server's live in different time zones -- e.g. GMT 0, GMT 1, GMT 2, etc...

So, your server's time of 00:00 could be different than my server's time of 00:00. That means at any moment the ADR calculated in your MT4 would be different than the ADR calculated in my MT4.

Ideally the ADR should begin at the Asian Open. Those settings are intended to correct the ADR calculation to begin at the Asian Open so everyone using the indicator would get the same result. However, the reason why I suggest to leave the defaults is because when I would make the correction then I would get other results that I did not expect. In the end it is not so important that your ADR agree exactly with mine -- in other words, as long as the computations are internally consistent for your account that is what matters most.
  • #5,577
  • Aug 6, 2019 11:56am Aug 6, 2019 11:56am
Quoting robots4me
{quote} @Merka -- good question -- but I would leave them at the defaults. Briefly -- most ADR algorithms begin the day at your broker's server time of 00:00. But server's live in different time zones -- e.g. GMT 0, GMT 1, GMT 2, etc... So, your server's time of 00:00 could be different than my server's time of 00:00. That means at any moment the ADR calculated in your MT4 would be different than the ADR calculated in my MT4. Ideally the ADR should begin at the Asian Open. Those settings are intended to correct the ADR calculation to begin at the...
It's clear
Thanks
  • #5,578
  • Aug 6, 2019 1:34pm Aug 6, 2019 1:34pm
Quoting jdva
Hello R4M, Strange...AllPairsEA did close those 2 EURCHF trades early on the opening band and not the opposite band... {image}
In the meantime several other currency pairs closed early on the opening band instead of on the OppositeBand...therefore that definitely seems to be a software bug!
I never lose - either I win or I learn...
  • #5,579
  • Aug 6, 2019 1:40pm Aug 6, 2019 1:40pm
Quoting robots4me
{quote} @Ferdinando -- I don't see the yellow ADR bands. Also, how do you trade it? I see lines and arrows but don't know what they mean. Also, I don't know what "dynamic gains" means. @Ferdinando -- put yourself in my shoes. He have almost completed version 1 of the BD Strategy. You come along and say "add this indi". What am I suppose to do? If you wish to convince someone, you have to do a better job of explaining how it works and why it would help.
Hi R4ME, Thank you for responding, Sorry I didn't mean to cause you any inconvenience. Those yellow and white bands are actually key support/ resistance or pivot levels. The thick blue line across the chart is the 50 day SMA for trend detection. The arrows are plotted from the 3 and 2 MA periods and signals . are generated from the cross over. Text on the chart background for entry and take profit level are derived from the indy called Murray Math.

The name Dynamic gains reflects the ability of the indi to detect liquidity sentiment shift that may lead to reversal and will immediately set off a warning alert, of s potential reversal. Once that potential reversal condition persists the alert arrow will continue flashing until the reversal is confirmed and then a pop up window will display a text ; buy /sell confirmed for the underlying pair. The takeaway for me is the precise and accurate signals it generates.

Kind Regards Ferdinando
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  • #5,580
  • Aug 6, 2019 1:54pm Aug 6, 2019 1:54pm
Quoting jdva
Hello R4M, Strange...AllPairsEA did close those 2 EURCHF trades early on the opening band and not the opposite band... {image}

@jdva -- it could be because those SELLS first dipped below the upper band, and then changed direction and moved above it. Can you tell whether the closing times correspond with the price moving above the upper band?

I would not have expected the SELLS to close but the fact they did could be the right thing, because if they hadn't closed and price continued rising then there's nothing stopping it until it hits the SL. But you're right -- I don't think an Exit should have been triggered. I'll take a closer look at the "emergency exit" code to see if there is a bug.
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