SDTR Strategy Part II

Hi Ronin,
I would like to run this EA on server of mql5. However, mql5 require to remove "wininet.DLL" file which was attached in the CDownloadFile.mqh file.
Please help me solve this problem.
Thank you so much.

Hey Ronin,

Congrats to your nice Indicator. Looks pretty good! I am currently testing it and doing some forward testing. For now it gives good signals and I am using different settings for filtering out the good and bad ones.

Some feedback regarding the plotted pivot lines...maybe you could add a "hidde" and "show" option for plotting the lines on the chart. Currently they are shown all the time and might be overloading the chart depending on what already is being plotted with other indicators and such...they might even not be shown at all because if using the pivot indi by itself it gives more displaying options in general. So I don't know if you want to plot the pivot lines in your indicator at all.

Checking the Alert Options doesn't seem to work either consistently...turning them off but receiving alerts anyway.


The Indicator is definetly beneficial because it simplifies the rules and what is shown on the chart.

I do have questions though...
Can you explain why your indicator doesn't show arrows in the first case and does show arrows in the second case? Both are in the timeframe H4. Might just be a mistake on myside or just a logical misinterpretation of the rules from me...

Case 1 is with ZigZag highs but the rules of the SDTR seem to apply and your indicators doesn't show arrows.

Case 2 is with a previous ZigZag low and the rules seem to apply as well and your indicator does show arrows(orange).

I am a bit confused by it.

Greetings

Please can someone help post link to EA, i have searched the entire new and old thread and cannot find it. thanks

Hi Everyone,

Hope your well and safe. Apologises I have busy with life at the moment. Thank you for the feedback. Next week I will go through the feedback, answer questions and post the indicator again with any updates.

I have not posted the EA as the indicator which the EA is to be based on must be optimised first. I currently focus on mql4 and NOT mql5 as I would have to rewrite all my scripts. This is what mladen has done if you look at his mql4/5 pages. It is ashame that metatrader have decided to do it this way.

Dear h0oo0h,

Thank you for the message and feedback / questions.

I have checked the alarms via the strategy tester there did seem to be an issue; hopefully resolved now. Also reduced the number of arrows appearing per signal. I will post the indicator next week as still some testing to do. As for the pivots appearing, this is because I'm using the indicator directly without any changes. I maybe able to change this.

I have reviewed the scenarios presented and answered below:

Case 1:
The reason an arrow(s) was not seen on 30th April 2020 on the 4hr chart for AUDCAD at 00:00 is because the zigzag in the indicator is set for 40,5,3 as default and not 12,5,3 as per the zigzag arrow indicator. I cannot remember why I set it to 40,5,3. This may be due to what I have read in this forum or because the 12,5,3 setting for zigzag has a lot of noise. I tend to go for 40-60,5,3. I hope this answers your question.

If you are able to share the other filters used I might be able to incorporate them into the indicator.

40 pip to day

An EA with this fantastic strategy, I think excellent results are needed, just manage the stop loss well, is there anyone who is trying to develop it?

Hi Jupiterix, I have created an EA for this strategy based on the indicator I have provided. However more optimisation is required of the indicator first. If you put the indicator on a chart and eye ball over the last year there are quite a few losing trades. Yes this can potentially be managed with SL, trailing stop etc.. These are all included in my EA. But indicator first as feedback so far shows I few coding issues / discrepancies that I am keen to resolve first before re coding the EA and providing it for testing.

I will provide an updated indicator next week as the provided inidcator has now expired. I'm adding some new features based on Davit method.

Please remember, I put expiry dates within my indicators and version v1.3 has expired. This is why I will publish the indicator with updates next week.

[quote = Ronin-; 12982618] Ciao Jupiterix, ho creato un EA per questa strategia sulla base dell'indicatore che ho fornito. Tuttavia, prima è necessaria una maggiore ottimizzazione dell'indicatore. Se metti l'indicatore su un grafico e un bulbo oculare nell'ultimo anno, ci sono parecchi scambi in perdita. Sì, questo può essere potenzialmente gestito con SL, trailing stop ecc. Questi sono tutti inclusi nel mio EA. Ma l'indicatore prima come feedback finora mostra che ho pochi problemi / discrepanze nella codifica che desidero risolvere prima di ricodificare l'EA e fornirli per i test. La prossima settimana fornirò un indicatore aggiornato poiché l'inidcator fornito è scaduto. Sto aggiungendo alcune nuove funzionalità basate sul metodo Davit. [/ Quote]

Thanks, I'm very happy, if you want to participate in some tests so as to be able to provide feedback to optimize the system.

Regarding Case 1. Below is the difference between 12,5,3 zigzag at the top and 40,5,3 zigzag at the bottom. With 12,5,3 zigzag there are occassions as circled when a sell signal occurs and price goes in the other direction see yellow circles. Yellow squares = sell, blue squares = buy. This is just an example of what I see when looking over a few years of data.

Yes this can be potentially be controlled by SL, trailing SL etc but in my experience to control these situations means the gains of good trades are limited; in turn it becomes a scalping strategy. Given there are not many signals relatively speaking this means the strategy becomes at best a slow growing investment.

This is why further optimisation is suggested as my testing is showing there is a trade off between good signals and the number of signals. Less signals is fine if the pips per month generate an ok profit.

I do advocate putting the indicator on a chart, zooming out and manually eye balling the signals to see if most look profitable or not.

Thanks a lot to everyone who participated in the development of this strategy. Ronin, I know that you are now optimizing the indicator with the arrow. Please, while it’s not ready, you can again post here the expired version of the indicator with arrows.

What are the bugs? Maybe I can help...

this is my modified version

What is your strategy? can you share to people this EA to test

Can anyone share the EA V1.27 please ? I think the author has removed it from 1st page.

Last version is V1.28? Do you want it?

Hi minhquan, can you send me your V1.28 source code? Thanks.

Hallo Minhquan, where exactly in the include folder do the files from your rar have to be? I see many sub-folders in the include folder in the mt4.

thanks in advance

AnalyseSymbol.mqh is missing. Could you share it again pls?