Simple Monday-Tuesday System (attached calculator) | Page 89 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Simple Monthly System (see attached calculator) 48 replies

Excel simple risk calculator needed 10 replies

what if every free system is attached to a trading explorer? 28 replies

If it's such a great system, why isn't there a Trade Explorer attached? 261 replies

Simple Fx Calculator 1 reply

Attachments: Simple Monday-Tuesday System (attached calculator)
Exit Attachments

Simple Monday-Tuesday System (attached calculator)

  • #1,761
  • Mar 28, 2020 3:21pm Mar 28, 2020 3:21pm
Quoting redfan
{quote} Hi transmat I have a question or a puzzle, first of all, Are you still going off the high and low of Monday Tuesday, waiting for the break on Wednesday, this If so see pictures, I put a BLUE line on the high and low on Monday and Tuesday, when I place your indicator on top of the chart the box is bigger than the high and low of Monday Tuesday. I don't this on 10 charts and only one of them was the box correct, can you have a look into this and tell me whether it's correct or whether it is wrong, Blue lines represent high and low Monday Tuesday...
Hi redfan,
I watched this and actually the indicator overflows on the last candle when you are in H4 or Daily, so when there is a higher or a lower on this one, it changes the graphic levels.
Go to H1 if you want the display to be correct.
But that does not affect the independent EA at all.
Your blue lines are correct.
Have a nice Sunday.
  • #1,762
  • Mar 28, 2020 4:56pm Mar 28, 2020 4:56pm
Quoting transmat
{quote} Hi redfan, I watched this and actually the indicator overflows on the last candle when you are in H4 or Daily, so when there is a higher or a lower on this one, it changes the graphic levels. Go to H1 if you want the display to be correct. But that does not affect the independent EA at all. Your blue lines are correct. Have a nice Sunday.
I believe PaulDV already mentioned this issue had been resolved in V1.04.
  • #1,763
  • Edited Mar 29, 2020 5:47am Mar 28, 2020 5:16pm | Edited Mar 29, 2020 5:47am
Quoting Olarion1975
{quote} Ok, I understand your reasons. For longs you are correct, but short trades will not trigger earlier when spreads are widening (actually they would trigger later if using the ask price). For shorts the bid price will not change. The only things can happen are: 1. "Normal Entry" short trade by bid price --> the ask price will be closer to the SL than without spread widening, but that's no problem 2. "Your EA version" short trade by ask price --> entry is much lower as it normally would (because ask price is at entry level and bid price way...
On reflection, I think you're right - I'll make the change and issue a quick update shortly.

EDIT: I've updated the version to 1.041 for this change (https://www.forexfactory.com/showthr...9#post12843499).
"Pips are vanity. Profit is sanity."
  • #1,764
  • Mar 28, 2020 5:19pm Mar 28, 2020 5:19pm
Quoting fforexer
i run them. but new version does not show any information {image} {image}
Hmm, bit odd.

I've put the new version on a number of clean charts and all have displayed the info panel. I'm thinking that this may be a broker-specific issue, and is restricted to the weekend (i.e. the market being closed).

The info panel relies on ticks being received from the broker, so if your broker does not respond to anything when the market is closed then you won't get the info panel displayed. My guess is that come Sunday evening, the info panel will show up.
"Pips are vanity. Profit is sanity."
  • #1,765
  • Mar 28, 2020 5:31pm Mar 28, 2020 5:31pm
Quoting pantera1
{quote} I believe PaulDV already mentioned this issue had been resolved in V1.04.
Hi pantera1,
We are not talking about the same thing.
On the one hand, there are the EA including that of PaulDV and this indicator: MoTuBo_Indi.mq4
redfan therefore spoke of the indicator which remained as it was.
But it is secondary because the orders are passed by an EA whatever it is.
  • #1,766
  • Mar 29, 2020 4:37am Mar 29, 2020 4:37am
I corrected the indicator "Mo TuBo_Indi" so that the display corresponds well to the highest and lowest of Monday and Tuesday from M5 to Daily; there was just 1 tiny second to remove ...
Small cause, big effects ...
There she is :
Attached File(s)
File Type: mq4 Mo TuBo_Indi_corrected.mq4   20 KB | 420 downloads
  • #1,767
  • Mar 29, 2020 5:16am Mar 29, 2020 5:16am
Quoting PaulDV
{quote} Hmm, bit odd. I've put the new version on a number of clean charts and all have displayed the info panel. I'm thinking that this may be a broker-specific issue, and is restricted to the weekend (i.e. the market being closed). The info panel relies on ticks being received from the broker, so if your broker does not respond to anything when the market is closed then you won't get the info panel displayed. My guess is that come Sunday evening, the info panel will show up.
thanks for your guidence.
  • #1,768
  • Mar 29, 2020 5:22am Mar 29, 2020 5:22am
Quoting fforexer
{quote} thanks for your guidence.
I forgot to say that if the info panel doesn't appear when the market opens, let me know and I'll have a rethink.
"Pips are vanity. Profit is sanity."
  • #1,769
  • Mar 29, 2020 5:45am Mar 29, 2020 5:45am
I also corrected the indicator "TuBo_OnDay_Indicator" so that it does not overflow on the day of Wednesday.
I remind you that it takes as a reference only Tuesday for the highest and lowest; it could be used if for example there was too high volatility on Monday with extremes too far apart. But to test before by prudence ... it is not in conformity with the subject of the thread here.
Attached File(s)
File Type: mq4 TuBo_One Day_Indicator_corrected_V_1.1.mq4   20 KB | 417 downloads
  • #1,770
  • Mar 29, 2020 7:53am Mar 29, 2020 7:53am
Quoting PaulDV
{quote} On reflection, I think you're right - I'll make the change and issue a quick update shortly. EDIT: I've updated the version to 1.041 for this change (https://www.forexfactory.com/showthr...9#post12843499).
Great, thank you. I just saw that there is a "max. spread" function...wouldn't this also prevent entering trades when spreads are widening?
And would a trade be opened afterwards when spread is normal again even though the price is above/below the entry limit?
  • #1,771
  • Mar 29, 2020 3:12pm Mar 29, 2020 3:12pm
Quoting Olarion1975
{quote}I just saw that there is a "max. spread" function...wouldn't this also prevent entering trades when spreads are widening?
Yes.

Quoting Olarion1975
{quote}And would a trade be opened afterwards when spread is normal again even though the price is above/below the entry limit?
No.
"Pips are vanity. Profit is sanity."
  • #1,772
  • Mar 29, 2020 6:39pm Mar 29, 2020 6:39pm
Quoting 0xff
{quote} I maked a simple script(not EA) for this actions. On first wednesday's H1 bar I drag-n-drop script on the chart. And repeat it for all currencies charts. What script will do: check for highest high and lowest low for last 48 H1 bars and send 2 pending orders - buy stop & sell stop by %fibo setted when script loaded. Example for lvl_for_enter = 25: Entry level for buy stop order = 125% fibo at range Entry level for sell stop order = -25% fibo at range Example for sl_for_order = 25: StopLoss level for buy order = High of range - 25% = 75%...
Hi,

Is this script works only on the first Wednesday's H1 bar, what if I'm late can I use it after?
How I can change lot size and TP do I have to do it only in Meta Editor?
Please, can you change this script to open like an EA on the Chart that we can change settings like lot or TP and SL before place trade?

Thank you
  • #1,773
  • Mar 30, 2020 12:49am Mar 30, 2020 12:49am
Quoting PaulDV
{quote} I forgot to say that if the info panel doesn't appear when the market opens, let me know and I'll have a rethink.
You're right. The problem is solved.thanks
  • #1,774
  • Mar 30, 2020 4:19am Mar 30, 2020 4:19am
Quoting Spikehunter
This is the EA I'm going with next week. It worked ok last week. I have added an auto close for Friday 20 hours and a CloseAll button. The 5/20 is configurable in the Global Variables or should be. Its not easy testing this type of EA that only runs once. It made a profit last week so lets hope this week is as good. The % break is also configurable but set initially at 15%. You should set this up before Wednesday morning. It won't do anything until the clock ticks over to the new day Good Hunting {file}

Hi Spikehunter,

This EA did not close trades at Friday.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 175 KB
  • #1,775
  • Mar 30, 2020 4:40am Mar 30, 2020 4:40am
Quoting fforexer
{quote} You're right. The problem is solved.thanks
I've made a small tweak in the upcoming version to always display the info panel on startup.
"Pips are vanity. Profit is sanity."
  • #1,776
  • Mar 30, 2020 6:33am Mar 30, 2020 6:33am
Quoting transmat
I corrected the indicator "Mo TuBo_Indi" so that the display corresponds well to the highest and lowest of Monday and Tuesday from M5 to Daily; there was just 1 tiny second to remove ... Small cause, big effects ... There she is : {file}
Hi transmat

It looks like the indicator has opened a new box on Friday which is giving us Fridays high and low 's up to now,
can you have a look on 4hour charts, (see pictures)
thank.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_11.png Size: 25 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_12.png Size: 27 KB
  • #1,777
  • Edited 9:51am Mar 30, 2020 8:34am | Edited 9:51am
MoTuBO_EA Version 1.05

Changes:

  1. Added a time filter - trades will only open between these times.
  2. The information panel is now displayed immediately on startup.
  3. Corrected the routine that calculates the number of trades opened this week.
  4. Added a background to the information panel to make things clearer.
  5. Added options to display guide lines or not.
  6. Added options to display the weekly entry range box, or not.
  7. Amended guide lines to show price levels.

Most of the new stuff is cosmetic, and allows you to dispense with using the MoTuBo_Indi (if you use it, that is).

The main feature is the addition of a time filter:

Attached Image

You can now specify the window in which trades will be opened, by specifying the from day and hour (defaults to Wednesday, 00:00) and the to day and hour (defaults to Friday, 22:00).

Here's the full screenshot with all info panels displayed:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 128 KB


Happy trading!
Attached File(s)
File Type: ex4 MoTuBo_EA.ex4   168 KB | 321 downloads
"Pips are vanity. Profit is sanity."
  • #1,778
  • Mar 30, 2020 8:45am Mar 30, 2020 8:45am
Quoting redfan
{quote} Hi transmat It looks like the indicator has opened a new box on Friday which is giving us Fridays high and low 's up to now, can you have a look on 4hour charts, (see pictures) thank. {image} {image}
Hi redfan,
No it's not good. The indicator must in no case take into account the last candle on Friday in H4. I checked on my platform and for me it started well Monday at 0am.
You seem to have a timing problem with the indicator; watch this because you will not have the right information.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture du 30 03 2020 GBPUSD H4.JPG Size: 70 KB
  • #1,779
  • Mar 30, 2020 1:22pm Mar 30, 2020 1:22pm
Quoting Forestralia
{quote} HI 0xff, Which EA do you use? Thank you
I'm not use EA, just only script (in attach) for send pending orders.

Quoting Forestralia
{quote} Hi, Is this script works only on the first Wednesday's H1 bar, what if I'm late can I use it after? How I can change lot size and TP do I have to do it only in Meta Editor? Please, can you change this script to open like an EA on the Chart that we can change settings like lot or TP and SL before place trade? Thank you
In attached script this features realized. Early version didn't have settings to be change when execute. Now I add lots and TP(if 0 - no TP). In source code you can find some examples.
If you late and not execute script at first hour of wednesday(by broker's time) you also can use script, but for range calculation will be use 48 1 hours bars to the left by current.

Quoting Olarion1975
{quote} Where do you get these numbers from? From the trade explorer?
Yes. In TE you can change period for statistics. See attach image.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 140 KB
Attached File(s)
File Type: mq4 motu_script.mq4   2 KB | 444 downloads
  • #1,780
  • Mar 30, 2020 1:55pm Mar 30, 2020 1:55pm
Quoting PaulDV
MoTuBO_EA Version 1.05 Changes: Added a time filter - trades will only open between these times. The information panel is now displayed immediately on startup. Corrected the routine that calculates the number of trades opened this week. Added a background to the information panel to make things clearer. Added options to display guide lines or not. Added options to display the weekly entry range box, or not. Amended guide lines to show price levels. Most of the new stuff is cosmetic, and allows you to dispense with using the MoTuBo_Indi (if you use...
Hi Paul,

Thanks for update,panel shows error 4024, what does it mean?
TIA
8 traders viewing now