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Milking Pips From EurUsd with Bots

  • #81
  • Edited 8:36am May 16, 2020 7:34am | Edited 8:36am
Quoting candyman752
{quote} My apology's I thought you had more knowledge on coding. To answer your question LowerTma( timeframe, HalfLength , atrmultiplier, atrperiod , int shift) I will need to set an appointment with you.. We need to agree when we both free and are at our computers and then we hammer away at this thing
It's my bad, sorry, I'm learning to code, albeit slowly. Thank you for the explanation.

The pattern I noticed on my live account:
H1 top green TMA band comes inside (crosses) the H4 top gold TMA band = sell opportunity and as per the picture below on March 11th 2020.
Note that the H1 bottom green TMA line remains inside the H4 bottom gold TMA band, this is correct when the sell opportunity arose.
I think the take profit should be when the H1 bottom green line goes outside the H4 bottom gold line.
Then we wait for the buy opportunity to occur e.g.
H1 bottom green band comes inside the H4 bottom gold band and the top H1 band remains inside the top H4 band for a buy.

I have uploaded a template as well which i hope explains my madness better.
I'm also testing the other bots that you have posted as I only use a live Oanda account.
Attached Image (click to enlarge)
Click to Enlarge Name: H4 H1 on M15 Sell opportunity.PNG Size: 44 KB
Attached File(s)
File Type: tpl SJ TMA.tpl   11 KB | 330 downloads
  • #82
  • May 16, 2020 8:31am May 16, 2020 8:31am
Quoting candyman752
{quote} Please note I just posted this one so you would know I am working on it. It is not yet complete. I have tested the TMA function in bot to check that the value it is calculating corresponds with the indicator result and they correspond. If you have been testing you will note I still have to put the sending sell orders. Also I have to remove the filters I put between the signal being generated and the sending of the order. You had said that you have basic experience with code, so it could be you already have sorted these out. One question....
Sadly, my time is not my own with two teenage girls.
Yes, the only condition that I have seen, with the parameters i posted was as you say, top H1 band crossing inside the top H4 band.
I am trying to identify price action patterns and intend to make the band settings smaller so that the bot runs on M1 and captures certain price action patterns that seem to occur quite regularly. The bands crossing over each other is one of these patterns if you see what the price is doing before they cross.
  • #83
  • May 16, 2020 8:35am May 16, 2020 8:35am
Quoting candyman752
I have started working on how to use this TMA to milk EurUsd.{image} It definitely has potential. Please note that earlier TMA bot has been worked to be able to achieve this. I will post the bot once I start getting awesome results. Or truck loads of pips
haha! I am going to try and do some testing myself and I'm glad that it has potential.
  • #84
  • May 16, 2020 10:30am May 16, 2020 10:30am
TMA have great potential to milk out all your account and blown it away
  • #85
  • May 16, 2020 1:11pm May 16, 2020 1:11pm
Quoting kodakwhite
TMA have great potential to milk out all your account and blown it away
hahahaha. No comment
  • #86
  • May 16, 2020 1:14pm May 16, 2020 1:14pm
Quoting Scchplendid
{quote} Sadly, my time is not my own with two teenage girls. Yes, the only condition that I have seen, with the parameters i posted was as you say, top H1 band crossing inside the top H4 band. I am trying to identify price action patterns and intend to make the band settings smaller so that the bot runs on M1 and captures certain price action patterns that seem to occur quite regularly. The bands crossing over each other is one of these patterns if you see what the price is doing before they cross.
The condition you put up is rare. But it does rake in profit or loss.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 35 KB
  • #87
  • May 16, 2020 1:20pm May 16, 2020 1:20pm
Quoting Scchplendid
{quote} haha! I am going to try and do some testing myself and I'm glad that it has potential.
here is updated TMA bot
Attached File(s)
File Type: mq4 TMA_v01.mq4   585 KB | 432 downloads

When you are strategy testing do you use Optimization?
Attached Image (click to enlarge)
Click to Enlarge Name: Opti.PNG Size: 25 KB

See the arrows and circle
  • #88
  • May 16, 2020 1:54pm May 16, 2020 1:54pm
Attached Image (click to enlarge)
Click to Enlarge Name: optti.PNG Size: 68 KB

I will try give a simple guide to how I use optimization.
1- click experts Red circle on the image above.
2- then window will pop with inputs for the bot.
3- I have highlighted in green box and blue box in green box there is a tick next to the word bandi
here is how I use it
let us say I want to find out which candle from the current will give me good profit .
example LowerTma(PERIOD_H1,60,6,120, 2 ) I have highlighted the number 2 in green. two means two candles from the current
Now if I want it to check whether it should be 8 or 12 or 15 or 22 or whatever I will replace the number two and put bandi, which I have highlighted in the green box as being ticked. In the blue box there is the column for start. Which means start counting from which number. example start at 2 . Next column is step which means do I want to 1 step which from our example means start with 2 then 3 then 4 or 2 step which is 2 then 4 then 6 and the last column is stop which is the number at which it should stop .
So if you want to test two parameters example LowerTma(PERIOD_H1,60,6,120 , 2 ) I have highlighted 120 in aqua and 2 in green you can replace 120 with bandi
and then 2 with bandii. In the image above you would need to tick bandii.
I hope this helps you. This has been a very helpful in getting super probability setups for.
  • #89
  • May 16, 2020 2:01pm May 16, 2020 2:01pm
Quoting Scchplendid
{quote} haha! I am going to try and do some testing myself and I'm glad that it has potential.
I am going to continue what I was doing earlier with donchian . I will incorporate TMA where I can. At the moment the bot is only set to buy. If you find a profitable setup in the lower time frames let me know and I will finish it up
  • #90
  • May 16, 2020 2:12pm May 16, 2020 2:12pm
I had by passed the following potential Buy setup. Now I have tma I will see if it works out
Attached Image (click to enlarge)
Click to Enlarge Name: c2.PNG Size: 38 KB
  • #91
  • May 17, 2020 5:10am May 17, 2020 5:10am
Quoting candyman752
{image} I will try give a simple guide to how I use optimization. 1- click experts Red circle on the image above. 2- then window will pop with inputs for the bot. 3- I have highlighted in green box and blue box in green box there is a tick next to the word bandi here is how I use it let us say I want to find out which candle from the current will give me good profit . example LowerTma(PERIOD_H1,60,6,120, 2 ) I have highlighted the number 2 in green. two means two candles from the current Now if I want it to check whether it should be 8 or 12 or...
Brilliant, thank you as always for your knowledge sharing.
I had a look at the Donchian v04 bot using my tester on the Oanda live account. Maybe it is just how I tested it e.g. selected every tick from the model drop down, the results were not great though. I'll try the other model settings as I haven't changed anything else.
  • #92
  • May 17, 2020 5:53am May 17, 2020 5:53am
Quoting candyman752
{quote} The condition you put up is rare. But it does rake in profit or loss.{image}
This is interesting, thank you for testing the theory too.

Whilst "playing" with the band settings on every time-frame, I came to the conclusion that I only really need the TMA band to show me a price pattern.
I'm calling the pattern the GAME CONTROLLER (sort of a H shape). No indicators to trade with (until I can figure out how to code a bot), just the price and a band forming a game controller (H) shape.

Collaborating with you on here has really opened my eyes, so thank you sincerely Candyman, as I think the pattern below is, for me, a real game changer and, in the spirit of sharing, I'll post it below if that's okay.

Here's what I mean. The snip below is a live Oanda account, EURUSD M5 from last week. Don't worry about the TrueTma indicator settings for now, it is the shape they are highlighting in the price which I feel is much more important. The pattern occurs on every time-frame too but the TMA band settings should be changed. In the attached, you will see that the pattern started forming on Tue, then finished forming on Wed. A sell at the white line on Wed and taking profit at the low on Thur could net 100 pips.

Price goes outside the green TMA band (Aqua Blue Arrow shows this) and closes outside or inside the band.
I'm going to draw a line (pink) across the chart at the high of the candle that went outside the band.

If a game controller pattern does form, I will expect the price to cross my drawn line and go higher than the previous band break. It will then either touch or go outside the TMA band (Yellow Arrow shows this).

I then wait for the price to close under my pink line and sell (white arrow shows where) and order that truck
There's literally weeks, months and years of this pattern on every pair and time-frame.
The draw-down is next to nothing too because the price keeps moving away from my original sell order.

A buy setup is just the reverse of the above.
Attached Image (click to enlarge)
Click to Enlarge Name: Game Controller pattern 1.PNG Size: 68 KB
  • #93
  • May 17, 2020 8:01am May 17, 2020 8:01am
Quoting Scchplendid
{quote} This is interesting, thank you for testing the theory too. Whilst "playing" with the band settings on every time-frame, I came to the conclusion that I only really need the TMA band to show me a price pattern. I'm calling the pattern the GAME CONTROLLER (sort of a H shape). No indicators to trade with (until I can figure out how to code a bot), just the price and a band forming a game controller (H) shape. Collaborating with you on here has really opened my eyes, so thank you sincerely Candyman, as I think the pattern below is, for me, a...
This is how game controller looks on the H4 chart
Attached Image


I see this one on 6 May A buy of game controller. Confirm it is game controller buy
Attached Image


Are you comfortable using H4 chart
to spot it?
  • #94
  • May 17, 2020 8:05am May 17, 2020 8:05am
Quoting Scchplendid
{quote} Brilliant, thank you as always for your knowledge sharing. I had a look at the Donchian v04 bot using my tester on the Oanda live account. Maybe it is just how I tested it e.g. selected every tick from the model drop down, the results were not great though. I'll try the other model settings as I haven't changed anything else.
I do expect a difference when tick model is used. But it should be that far off. What time frame did you use on tick model?
  • #95
  • May 17, 2020 8:35am May 17, 2020 8:35am
Quoting candyman752
{quote} This is how game controller looks on the H4 chart{image} I see this one on 6 May A buy of game controller. Confirm it is game controller buy{image} Are you comfortable using H4 chart to spot it?
Yes indeed, both are game controller patterns. They show up on any time-frame.
You can use any type of band to spot the game controller pattern e.g. Donchian, Bollinger, keltner or TMA.

Looking at the pictures that you posted, it might not be too difficult to code the logic either.

ref post 94:
I used the M15, Every Tick Model from 9th Jan 2012 to last Friday.
Just re-running the tests as it is probably me being a NUMPTY and, conscious that someone else will read this, that is probably the case, sorry.
  • #96
  • Edited 9:29am May 17, 2020 8:58am | Edited 9:29am
Quoting candyman752
{quote} This is how game controller looks on the H4 chart{image} I see this one on 6 May A buy of game controller. Confirm it is game controller buy{image} Are you comfortable using H4 chart to spot it?
Yes, I'll probably use H4 time-frame too due to day job and Dad duties.

Bar 1 - start of the GC pattern, price touches or extends outside of whichever band you use.
Draw a line at the high price of bar 1.

Bars 2, 3, 4 and 5 are just price meandering.

Bar 6 - notice that price crosses the line but does not close below it.
Bar 7 - price touches or extends outside of whichever band you use.
Bars 8 and 9 - price just meandering.
Bar 10 - price closes below the line - time to get your selling pants on!
Attached Image (click to enlarge)
Click to Enlarge Name: Game Controller pattern H4 6th may2.PNG Size: 30 KB
  • #97
  • May 17, 2020 6:14pm May 17, 2020 6:14pm
Quoting candyman752
Same bot(AbaMacd) same pattern as post above Just by adding a grid. Coders look from line 1371. I have doubled the profit from 44usd to 99 usd. While keeping the drawdown minimal{file} and here is the bot modified to include a grid.{file} {image}
hi CM , very interesting thread & your are real big man
,, im newbie to coding!
Could you explain more what is "the Grid"? that you added into your bot & what is it good for ?
sory if my question sounds stupid haha
  • #98
  • May 18, 2020 4:11am May 18, 2020 4:11am
Quoting Soros
God bless you bro!!!
Hi soros,
I have updated the code so you can use diferent Lot.
Attached File(s)
File Type: mq4 Channel_30_v01.mq4   424 KB | 512 downloads
  • #99
  • May 18, 2020 4:41am May 18, 2020 4:41am
Quoting Scchplendid
{quote} Yes indeed, both are game controller patterns. They show up on any time-frame. You can use any type of band to spot the game controller pattern e.g. Donchian, Bollinger, keltner or TMA. Looking at the pictures that you posted, it might not be too difficult to code the logic either. ref post 94: I used the M15, Every Tick Model from 9th Jan 2012 to last Friday. Just re-running the tests as it is probably me being a NUMPTY and, conscious that someone else will read this, that is probably the case, sorry.
Correct easy to code. I did it and found it does not come often. That is from 2012 to now about 18 times for buys only.
As you know I like to carry out optimization tests. Well messed about ,tinkered with the conditions and was I not surprised to there is a certain twist
here is screen shot
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 49 KB

It involves just two 4 Hr Candles. I will describe a buy situation. The previous second candle from the current. The price tried to go above Middle Donchian Line with 5 period.
The previous candle from the current. Price then tries to break out lower than any previous candle lows before it.
Have a buy pending at the Middle Donchian Line with period 5.
Boom it's a winner. Nice spot . I have added it to my high probability setups
  • #100
  • May 18, 2020 4:46am May 18, 2020 4:46am
Quoting aVan
{quote} hi CM , very interesting thread & your are real big man ,, im newbie to coding! Could you explain more what is "the Grid"? that you added into your bot & what is it good for ? sory if my question sounds stupid haha
Thanks.

The grid's I have seen out there are like fixed. I have tried to make mine variable. That is a grid should only be sent on certain conditions.
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