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

interesting follow-up !

Nice end of the week! Again thanks guys. This is it.

Live trade:

I admit that I am confused with the publication of my previous post.
Some closures were given according to the EA. and others according to the indicator.

This is my test result
Demo A/c=5000us$, leverage 1:500
started before NY (Yesterday after news on GBP)/Time frame:1h/ADR 42%/Auto opened & closed by R4M-BDX-All pairsEA.
Attachment g

Would you mind posting your renko setting and bd/r4m Ea setting?

@Vicente -- when you share screen shots please upload the entire chart, otherwise there is no context and no one knows what you are talking about. We need to see symbol, time frame, x- and y-axis, etc. If you are asking for help in figuring something out then make it easy for me and others.

Some pairs use 15% - 20% ADR. Only by visual verification of the indicator. I have to filter some pairs and raise the% ADR

Excuse me Steve, my fault. As I am using RENKO graphics, I didn't think about sharing the full screen.
Graphic attachment The indicator does not match the lines drawn by the robot. Some outputs are given in the midline of the robot and others in the midline of the indicator.
Thanks Steve

you use 5pip block on renko m1 chart right?

Software update...

I've addressed the issue regarding repainting Heiken Ashi transitions -- I plan to release a new build Sunday evening (PST). Using Strategy Tester it looks to my eyes like signals are generated at roughly the same locations, but there will be some differences compared to the current version. Keep in mind the magic sauce is the ADR bands and NOT the Heiken Ashi transitions. There are a number of different ways we could mark Entries -- an extreme price must stretch beyond the upper or lower band. In fact, recall the BD strategy used "Original Recipe" -- which didn't even use an indicator for Entries.

In the next release the Heiken Ashi code will live in a standalone indicator R4M-HeikenAshi.ex4 that uses standard Heiken Ashi with only very minor changes (rather than within the BDX indicator) . This indicator will be required and must be located in the "Indicators" folder. The BDX indicator will use MT4's iCustom API to access data from the Heiken Ashi indicator and compute transitions. I found this approach made it easier for me to ensure the transitions did not repaint. If you wish to monitor the formation of Heiken Ashi bars in real-time you can overlay the R4M-HeikenAshi indicator.

While trying to figure out the problem of repainting HA transitions I learned something new that I'll pass along -- you can't believe everything you read on the Internet!!! Regardless of what's been posted elsewhere, the standard HA indicator certainly does repaint -- not all the time -- but it clearly does. You can watch this in Strategy Tester and see the most recent 3-5 bars often change color. And when looking at the code this makes sense. There are two ways to traverse the data -- from oldest-to-newest or from newest-to-oldest. When traversing data from oldest-to-newest then repainting is less likely to occur because with each iteration the algebra only has old data to work with. But when traversing from newest-to-oldest then the most recent data can affect the algebraic computations and the markings change. The standard Heiken Ashi indicator traverses data from newest-to-oldest.

I'm still looking into adding another indicator for Exits to help protect against spikes like ones I encountered the other day on M15 -- I'm not sure yet whether or not to include it. Related to this -- based on @bishopdotun's wise advise -- I will no longer personally trade anything lower than H1. Even though M15 can look tempting, my goal is to be able to walk away and let the EAs run without worrying whether a Prime Minister or President will tweet something that will cause my trades to go in the opposite direction (no politics, please!!). But there will not be anything to stop you from trading M15 if you feel like you know what you are doing. Please visit @bishopdotun's thread -- his recent posts are excellent and he shares all details about his current setups (https://www.forexfactory.com/showthread.php?p=12459081#post12459081).

When I release the next version then I'll provide all relevant details to make the update go seamlessly.

Yes

Hello @Vicente -- I think what you are doing with Renko is really interesting and I admire your curiosity and willingness to try something different. However, since the data being fed to the offline chart is different than the actual PA and is not time-based, then I can't be of much help at this point. You're sort of on your own with this. But please keep posting as you experiment and learn more. I like Renko bars and I like the concept -- I'm just not sure how to deal with it right now.

This might send a few feathers ruffled Why are there so many bugs r4me? This must be complicated as it been like over 6 months.

@Pip-Miner -- I'm surprised at you. They aren't bugs -- they're features!!

R4M

Hi - my first post on this thread. I am loving this and the possibilities it can give us all. I'm going to have a look over the weekend and maybe chip in some ideas thereon. I'm only using the R4M-BD-ADR-EA on demo at the moment.

I do have an idea (additional indi) to exit trades. Will have a good study to see if it helps and come back to you.

Fantastic work by the way and congratulations to you and everyone who has contributed to this so far.

Mark

Followup of previous Follow-ups

DAX At Market Close

a) doubling of the parameters of the Envelope 256 (brown) from 62.5 to 125
b) same chart with the relevant Envelopes Triad

@parisboy -- thanks for the charts. I see bands within bands. Why do I need the outer, brown bands? Isn't the blue envelope (plus midline) with extreme prices occasionally poking out above / below sufficient for trading?

@Pip-Miner -- you seem to have a poor sense of perspective and time -- even for an Aussie.

Let's see -- I started the thread around the end of April and that was followed by a couple of months of turmoil with the Darkside. You know the story well since you've been here since the beginning. And I remember your post gleefully predicting the demise of this thread when I broke away from @George.

@bishopdotun arrived on the scene out of nowhere around the middle of June with his 4-sentence post suggesting some new rules to follow -- which, as you know, changed everything.

Also, you know this has always been a work in progress.

You've boasted before about your programming prowess -- but now I tend to doubt that. Perhaps you know some *.mq4, but you're clearly an amateur. It's one thing to write an EA that works for you on your machine and quite another to share one with a few hundred people who experiment and test under a variety of different trading conditions and settings. If you were to share one of your EAs with a few hundred people would you really claim no one would stumble onto one of your unexpected "features"? Your comment reflects you really are clueless when it comes to software development and the difference between having a program you wrote work on your machine compared to one being tested and experimented with by hundreds of strangers.

Considering you've been around FF for awhile and considering @bishopdotun and I have created and shared something unique and rarely seen at FF, and considering I gave you sample source code to access signals from the BD indicator, and considering your glee and hope this thread would die, and considering your attempt at ruffling my feathers by inflating 2 months of a work in progress to 6 months and considering there's a big difference between "working on my machine" versus working on several hundred -- I'd say you were a very strange man.

Hi Guys,

It works big time. Not experimenting anything extra. Just using BDA. Following R4M and Bishop. Check out the results. This guys have done unbelievable things. Appreciate them. My salute to them. From next month onward going live. Three weeks results attached. God bless.......

Bomi

@robots4me:

I have some doubts about your ADR channels within different time-frames.

---

If we have signals here in AUDUSD H4:

Why not one for the positive candle closing outside the channel in AUDUSD D1:


---

And here I'm comparing your latest BD-ADR and BDX-ADR indicators:




In H4 the channels coincide well, but in D1 the BDX seems like a long period MA compared to BD, even if both are averaging the same previous 20 days:




In H1 the situation normalizes, but almost all signals are lost because of the median-line following the price at a "faster"/closer rate (more similar to volatility bands like the Bollinger ones), keeping the price almost always inside the channel even for most extreme spikes:




And finally, the difference in W1 (just for illustration purposes) it's even more pronounced than D1:




I don't know exactly how they work, but I think it could be a good idea for you to check out and clarify.

Thank you very much in advance!