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Trend Trading: It's Not as Difficult as You Think

  • #61
  • Jun 5, 2020 7:14am Jun 5, 2020 7:14am
Quoting ozziedave
{quote} I have been trying to watch the dots to see when they appear and if they repaint but haven't picked one out as it appears. Thaks for tracking that signal. Will be intreseting to see what FP says.
I think I already answered this. Thanks
" People don't care about what you say, they care about what you build "
  • #62
  • Jun 5, 2020 8:01am Jun 5, 2020 8:01am
Quoting ozziedave
{quote} I have been trying to watch the dots to see when they appear and if they repaint but haven't picked one out as it appears. Thaks for tracking that signal. Will be intreseting to see what FP says.
It’s not repainting but it’s a lot.
  • #63
  • Jun 5, 2020 8:04am Jun 5, 2020 8:04am
Quoting FuturePips
{quote} The truth is we are not using CCI indicator for our algorithm. But if it matches that is Nice. Can you please show us how CCI matching with our Qsigma Trend indicator. Thanks
its rsi 5 with level 75 as OB and 25 as OS right?
Still learning. Telegram @TraderJaya
divergence scalping All Time Return: -99.8%
  • #64
  • Jun 5, 2020 8:58am Jun 5, 2020 8:58am
Quoting vijiragavan
{quote} its rsi 5 with level 75 as OB and 25 as OS right?
Not the exactly as we are using. But we use RSI for some calculations.
" People don't care about what you say, they care about what you build "
  • #65
  • Jun 5, 2020 12:27pm Jun 5, 2020 12:27pm
Quoting FuturePips
{quote} { In Romania we have a quote : "The longer the talk the poorer the man" . Impressive story } Nothing to say about this part. Track record? In this article, I will never say that this is the system that we also trade as a team. This is one of our mid perform algorithms. that is why I decided to publish this. In the systematic trading field, we validate a strategy from backtesting. This algorithm has a positive backtest track record. This algorithm is totally free. Most people will not able to touch good quantitative systems....

I am not impressed at all by any of the trackrecords presented despite the long period they are created.
The very low monthly profit comparative to large Drawdown make no sense! Would be ok for 1-2% monthly profit as long as you do not exceed 0.5% maximum drawdown. Ok, 1-2% maximum drawdown. But exceeding the profit made 4-5 times it's too big.
Martingale work well in same manner risking 0.02% or 0.05% and at the end of Month you can grab 1-2% profit for sure.
Money moves the market, not an indicator.
  • #66
  • Jun 5, 2020 7:31pm Jun 5, 2020 7:31pm
Quoting FuturePips
{quote} It's ok to check. But this is not repainting. Wait for the alert. Then you look at the charts. This will never move from that candle after the alert.
Yes, but when does the blue/red dot appear? Does it appear after x number of candles, for example, like a swing point which does not appear until you hav 2 candles on either side of it. So with a swing point your always 2 candles behind with your entry.
  • #67
  • Jun 5, 2020 8:50pm Jun 5, 2020 8:50pm
Quoting ozziedave
{quote} Yes, but when does the blue/red dot appear? Does it appear after x number of candles, for example, like a swing point which does not appear until you hav 2 candles on either side of it. So with a swing point your always 2 candles behind with your entry.
but when does the blue/red dot appear?

As soon as the conditions meet algorithm will shows a Dot.


Does it appear after x number of candles?

No, If ongoing current candle meet the condition it will give you an alert with the close of the same candle.
" People don't care about what you say, they care about what you build "
  • #68
  • Jun 6, 2020 4:32am Jun 6, 2020 4:32am
Apologies for seeming daft but which app do people use to open qsigma downloads. Thanks
  • #69
  • Jun 6, 2020 7:03am Jun 6, 2020 7:03am
Quoting FuturePips
{quote} but when does the blue/red dot appear? As soon as the conditions meet algorithm will shows a Dot. Does it appear after x number of candles? No, If ongoing current candle meet the condition it will give you an alert with the close of the same candle.
Thanks for clarifying that.
  • #70
  • Edited 3:03pm Jun 6, 2020 9:17am | Edited 3:03pm
Quoting FuturePips
{quote} I think I already answered this. Thanks
Very good trading set up.
Wich MT4 indicators and parameters can I choose to get at least close signals to the same from your algorithm crossover from long to short and the entry points so when your indicator expire we can keep using the trading idea using MT4 indicatord?
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it does not cost me anything to share my knowledges
  • #71
  • Jun 6, 2020 1:13pm Jun 6, 2020 1:13pm
Quoting FuturePips
{quote} but when does the blue/red dot appear? As soon as the conditions meet algorithm will shows a Dot. Does it appear after x number of candles? No, If ongoing current candle meet the condition it will give you an alert with the close of the same candle.
Future Pips,

not trying to be a fly in the ointment. In the future, does one need to pay any money for the working of the indicator?

Thanks
  • #72
  • Jun 6, 2020 1:54pm Jun 6, 2020 1:54pm
seems a profitable system. Thank you for sharing with us.
Let's see how it works.
  • #73
  • Jun 6, 2020 3:52pm Jun 6, 2020 3:52pm
Mr Future Pips:

Could you please show videos of when the market is ranging or choppy. I like to see a good approach under FIRE LOL .
A good approach will easily whether those times when the market is not allowing it to work properly. Namely, no trade signals are provided to the trader.

Thnx and best of luck
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #74
  • Jun 6, 2020 4:16pm Jun 6, 2020 4:16pm
Quoting mikejb
Apologies for seeming daft but which app do people use to open qsigma downloads. Thanks
The journey of a thousand miles begins with one step.
Lao Tzu

A: Metatrader 4

Mike, please read the Help file / User Manual before your next question(s)

Sincerely, John

It takes a lot for me to IGNORE you, but you can try.
  • #75
  • Jun 6, 2020 5:43pm Jun 6, 2020 5:43pm
Thank you for sharing your system. I am curious about how it is always placing the entry and exit at either the low or the high of the bar it paints on. I do not believe any system can consistently predict the high and low of candles 100% of the time. So clearly it paints at the close of the candle on the high or low of that candle...I trust everyone can see the obvious problem with this. Suggest you change the indicator to paint the entry on the open of the next candle or at the High/close of the signal candle but at the 1st candle after the signal candle that reaches that signal/exit price (recognising that here you will see missed entries as a result)

Can this be provided as an EA so we can run backtests in simulators?
MWTF Return This Week: na
  • #76
  • Jun 6, 2020 8:12pm Jun 6, 2020 8:12pm
Quoting Toto69
{quote} Very good trading set up. Wich MT4 indicators and parameters can I choose to get at least close signals to the same from your algorithm crossover from long to short and the entry points so when your indicator expire we can keep using the trading idea using MT4 indicatord? {image}

I will keep uploading the algorithms with extended expiry.If this thread is active enough i will upload continuously. I will promise on that.
" People don't care about what you say, they care about what you build "
  • #77
  • Jun 6, 2020 8:18pm Jun 6, 2020 8:18pm
Quoting aaven
{quote} Future Pips, not trying to be a fly in the ointment. In the future, does one need to pay any money for the working of the indicator? Thanks

No never. I will promise. No one needs to pay to use this algorithm. If I need money I will not post in here. I will run my own ad campaign and sell it.

Why I gave an expiry to algorithms?

# To avoid the reselling of this algorithm.
# To keep this thread alive.
# To feel a responsibility to some extent.

Thanks.
" People don't care about what you say, they care about what you build "
  • #78
  • Jun 6, 2020 8:28pm Jun 6, 2020 8:28pm
Quoting Mystique007
seems a profitable system. Thank you for sharing with us. Let's see how it works.

You are welcome. If you have any problem feel free to ask here.

Thanks
" People don't care about what you say, they care about what you build "
  • #79
  • Jun 6, 2020 8:32pm Jun 6, 2020 8:32pm
Quoting xmess7
Mr Future Pips: Could you please show videos of when the market is ranging or choppy. I like to see a good approach under FIRE LOL . A good approach will easily whether those times when the market is not allowing it to work properly. Namely, no trade signals are provided to the trader. Thnx and best of luck Jess

I will make some videos. But remember it will get some time to detect a trending market as well as a ranging market. We were not able to eliminate 100% bad effects of the ranging markets. But in this algorithm, we will able to eliminate to some extent. I will upload some videos or screenshots.

Thanks
" People don't care about what you say, they care about what you build "
  • #80
  • Jun 6, 2020 8:41pm Jun 6, 2020 8:41pm
Quoting BearBu11y
Thank you for sharing your system. I am curious about how it is always placing the entry and exit at either the low or the high of the bar it paints on. I do not believe any system can consistently predict the high and low of candles 100% of the time. So clearly it paints at the close of the candle on the high or low of that candle...I trust everyone can see the obvious problem with this. Suggest you change the indicator to paint the entry on the open of the next candle or at the High/close of the signal candle but at the 1st candle after the signal...

Let me help you.

Think there are conditions as x,y, and z.
Then also imagine you are in the 12.00 minute of this 15min candle. at this time all conditions x,y, and z will meet. then our algorithm will show a dot in the low of the candle ( if the signal is " Buy" ). when this candle closes if all three conditions x,y, and z also there this algorithm will pop up an alert. Then dot also fixed to the candle at the low.

If you really need you also use the expert advisor to look at how our algorithm keeps predicting the market live. You can use these indicators for that. No need for an EA to solve your problem.

Thanks
" People don't care about what you say, they care about what you build "
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