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  • #9,741
  • Jul 10, 2020 6:24am Jul 10, 2020 6:24am
Quoting info4saeed
{quote} I will be able to solve the problem when I first understand "Repainter" understanding, can anyone help me what does it mean ?
Im giving you a small idea since you always mention that you are a programmer and not good with Forex.

You will never find a 100% accurate indicator which indicate that the price is going to reverse or price will go in the same direction. But you can combine another probabilities to find a level or place to identify the weakness to trend or reversal. Or strong trend.
As you are a programmer you know that every indicator works with historical data which already happened.

As you can see in the picture bellow the blue highlighted signals are totally false and recalculated signals. But magenta signal which taken from HalfTrend indicator is not repainting. But its not in the exact reversal point. That is the reality. You cant ride from exact reversal point to next. And this chart is M15 time frame. So you should try to enter for the trade near red circle. At least an indicator can identify that area without re painting. If you go to H4 chart in the same chart, may be you can see this place is a good place to trend stop or reverse. Getting on to a trend in 15M chart, but reversal in 4H chart. thats what Im looking for. These scenarios can be happen in strong trend waves. If you can create a trap or find a strategy to identity places like that; then you are a winner.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 38 KB
"Don't Predict, Do react"
  • #9,742
  • Jul 10, 2020 8:02am Jul 10, 2020 8:02am
Quoting info4saeed
{quote} Thanks , and how you avoid repainting in the code ?
I have learnt the hard way! But there are a few ways to tell:

Firstly, if an indicator looks too good to be true, then it is probably a repainter.

Secondly, run a visual backtest of the indicator in the MT4 Strategy Tester.
Plenty of videos on YouTube on how to spot a repainting indicator. E.g.
Inserted Video


Thirdly, there are clues in the mql which should make you suspicious.
Somewhere, there will a main loop that steps through the bars and draws the indicator chart.

The main loop code could look like this:
Inserted Code
for(int i=maxbars; i>=0; i--)

Or like this:
Inserted Code
for(int i=0; i<=maxbars, i++)

Think: what is the difference between i-- and i++?
The first one (i--) is reading the chart from left to right, so the older bars influence the starting point of the calculation.
Whereas the second (i++) is reading the chart from right to left, and the most recent bar is the starting point of the calculation.

If you use the most recent bar as the calculation starting point, you can draw a chart that perfectly predicts the price movement. You can create a Holy Grail. Whichever symbol and timeframe you put this indicator on, it will give that perfect prediction of price.

The problem is it's a complete fake, a false prophet!

Indicators like this come about for two reasons:
1) Stupid programmers
2) Dishonest programmers

In my early days of building PINs I was in group 1, I would make a PIN based on an indicator that someone suggested without properly testing the indicator.

Coder to coder: please take a look at post # of my thread, and read the section in my FAQ titled Will you make me a PIN?. There, I have put down some rules as to what I will code, and the main reasons why I have these rules. Repainters is amongst them. I would encourage you to set your own limits on what you take on.

Regards
Jagz
Always read Post #1
  • #9,743
  • Jul 10, 2020 8:13am Jul 10, 2020 8:13am
Quoting jagzuk
{quote} I have learnt the hard way! But there are a few ways to tell: Firstly, if an indicator looks too good to be true, then it is probably a repainter. Secondly, run a visual backtest of the indicator in the MT4 Strategy Tester. Plenty of videos on YouTube on how to spot a repainting indicator. E.g. https://www.youtube.com/watch?v=2CazWqN7FmA Thirdly, there are clues in the mql which should make you suspicious. Somewhere, there will a main loop that steps through the bars and draws the indicator chart. The main loop code could look...
Loop mistake is mainly due coders don't know or forget plots uses series mode ( reverse sort ) and they use the common array loop style ( read from 0 to last slot )
Try don't lose pants never...
  • #9,744
  • Jul 10, 2020 9:37am Jul 10, 2020 9:37am
Thanks to all the friends for your helpful tips.
I try to follow what you said in the pins.
My goal in sharing untested pins was to work in parallel with the production team and the test team, but I don't think my friends were happy with that.
Overall, I got good information today.
Thanks
success comes from finding win-win solutions
  • #9,745
  • Jul 10, 2020 9:46am Jul 10, 2020 9:46am
Quoting info4saeed
Thanks to all the friends for your helpful tips. I try to follow what you said in the pins. My goal in sharing untested pins was to work in parallel with the production team and the test team, but I don't think my friends were happy with that. Overall, I got good information today. Thanks
@info4saeed My comments are only to help you and the general community. Your effort and contributions are appreciated and welcomed, especially by those of us who know how hard it can be to get it right. Please do not be discouraged. Keep learning. Keep coding!
Always read Post #1
  • #9,746
  • Jul 10, 2020 9:56am Jul 10, 2020 9:56am
Quoting jagzuk
{quote} @info4saeed My comments are only to help you and the general community. Your effort and contributions are appreciated and welcomed, especially by those of us who know how hard it can be to get it right. Please do not be discouraged. Keep learning. Keep coding!
You are a professional and I have just entered this process.
I have never and will never make a claim before you.
My goal is clear. Good luck to everyone.
I will try to follow what you said.
My energy will not be reduced, I will only test the pins that are produced before sharing.
Always be successful .
My English is not good and if there is disrespect in my speech, I apologize
success comes from finding win-win solutions
  • #9,747
  • Jul 10, 2020 10:02am Jul 10, 2020 10:02am
Quoting info4saeed
{quote} Thanks , and how you avoid repainting in the code ?
friend this is version 2 but he gives several arrows looking at this can you put the same configuration as the V1?

Attached File(s)
File Type: mq4 Momentum Divergence2_mtf+alerts V2.mq4   13 KB | 341 downloads
  • #9,748
  • Jul 10, 2020 10:18am Jul 10, 2020 10:18am
Quoting jagzuk
{quote} I have learnt the hard way! But there are a few ways to tell: Firstly, if an indicator looks too good to be true, then it is probably a repainter. Secondly, run a visual backtest of the indicator in the MT4 Strategy Tester. Plenty of videos on YouTube on how to spot a repainting indicator. E.g. https://www.youtube.com/watch?v=2CazWqN7FmA Thirdly, there are clues in the mql which should make you suspicious. Somewhere, there will a main loop that steps through the bars and draws the indicator chart. The main loop code could look...
I downloaded the simulation tool according to the video and tested the momentum indicator from which I made the pin. The two images below are two time frames of one minute and one hour of testing. What do you think ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 11.png Size: 43 KB
Click to Enlarge Name: 12.png Size: 49 KB
success comes from finding win-win solutions
  • #9,749
  • Jul 10, 2020 10:33am Jul 10, 2020 10:33am
Another one
but you right . for example I tested my season indicator and as video showed previous data were changed after every frame..
Attached Image (click to enlarge)
Click to Enlarge Name: 13.png Size: 46 KB
success comes from finding win-win solutions
  • #9,750
  • Jul 10, 2020 10:44am Jul 10, 2020 10:44am
Quoting info4saeed
Another one but you right . for example I tested my season indicator and as video showed previous data were changed after every frame.. {image}
check this
Attached File(s)
File Type: mq4 HalfTrend_TT_tx5v4k.mq4   11 KB | 519 downloads
"Don't Predict, Do react"
  • #9,751
  • Jul 10, 2020 10:47am Jul 10, 2020 10:47am
My advise is you should try start make your own tool using built-in tools. This will avoid be trapped by low quality free indicators and will allow you to learn better how play with mixes. Really you can make powerful tools only with MA/Stoch/Rsi. But try innovate when you make your own build. Ask yourself what issues have every tool and try find solutions checking charts and thinking about possible solutions. Mix itself without a plan will not work
Try don't lose pants never...
  • #9,752
  • Jul 10, 2020 10:57am Jul 10, 2020 10:57am
controlled DD

Quoting belie
{quote} This week update to my test setup 1 mentioned here CLOSED vs OPEN. Few red trades still running from last week. I will not touch and will monitor the auto {image} EDIT : wrong image was uploaded
  • #9,753
  • Jul 10, 2020 12:19pm Jul 10, 2020 12:19pm
Quoting belie
{quote} check this {file}
yellow circles are for momentum indi
and pink are for half trend
I think half trend send more fake signal
Attached Image (click to enlarge)
Click to Enlarge Name: 0.png Size: 37 KB
success comes from finding win-win solutions
  • #9,754
  • Jul 10, 2020 12:46pm Jul 10, 2020 12:46pm
Quoting info4saeed
{quote} yellow circles are for momentum indi and pink are for half trend I think half trend send more fake signal {image}
Every indicator has fake signals when the price is at consolidation. Fake signals can be avoided when you combine the indicator with something another. No indicator works well alone. You should find a place to trade with something other and then can start moving with HalfTrend.
See the horizontal line of HalfTrend. which means the price is at consolidation. According to the indicator you should not take trades at that level. Or you can take exit to previous down trend. That's how you should use the HalfTrend indicator. Also when you come to lower time frames like 1M, 5M, 15M you can use the high number like 26, 33, 46, 51 etc... (market circle numbers) in settings (Amplitude).
Put HalfTrend to 15M chart and use 26 as the number bellow and see.
Attached Image
"Don't Predict, Do react"
  • #9,755
  • Jul 10, 2020 12:56pm Jul 10, 2020 12:56pm
Quoting belie
{quote} Every indicator has fake signals when the price is at consolidation. Fake signals can be avoided when you combine the indicator with something another. No indicator works well alone. You should find a place to trade with something other and then can start moving with HalfTrend. See the horizontal line of HalfTrend. which means the price is at consolidation. According to the indicator you should not take trades at that level. Or you can take exit to previous down trend. That's how you should use the HalfTrend indicator. Also when you come...
I agree you need more than one indicator and of different types. I try to have a balanced set of indicators representing trend, momentum, volatility and volume. Lower timeframes are mostly noise, they can help to confirm the entry and exit points, but are no good when used in isolation.
Always read Post #1
  • #9,756
  • Jul 10, 2020 2:09pm Jul 10, 2020 2:09pm
Im sorry, i don't get, the guy was trying to create a Pin , he did not obligated no one to use the pin,

why you guys do not complain with AESEME look how many versions before this one

instead, we complain we say thank you for TRY even if is wrong

jagzfx has a great PIn without doubt and i am one of his followers and most of my successful template got his PIn
letivicus also got great Pin and one of my request
sam got great pins ( but got G*** ) and create his one version

luckily here we got Brain the Boss around trimming the ideas and pin and share the knowledge

so everyone helps the place as we CAN

again 99% of the Pin will fail in somehow no because of the indicator, because THE MARKET, the PIN is to help you have some idea, the decision is your
the 1% i still owe Brain the boss and letivicus $$$$

for everyone trying to help i will say

THANK YOU

be NICE
  • #9,757
  • Jul 10, 2020 6:05pm Jul 10, 2020 6:05pm
Quoting info4saeed
{quote} yellow circles are for momentum indi and pink are for half trend I think half trend send more fake signal {image}
as i see it you are in very good path ! keep it like this
using a simulation tool to backtest indicators alone and how they work together
..

my advice
try to make at least 100 trades in 1 day candle at least 2 years back so have some good statistic data, write them down in a excel file

why ?
the most of indicators more than 99 % are bad for trading in a live account
unfinished , full of bugs , not in the correct config (yes the default config in a indicator is not always the correct setup)

more info about search nnfx , no nonsense Forex (youtube and internet)
Everything flows. Learn to Earn.
  • #9,758
  • Jul 12, 2020 9:38am Jul 12, 2020 9:38am
I was looking for a pin that would act as a verifier next to the momentum pin.
I tested many indicators in simulation and their signals changed when changing frames.
Currently, this pin has not been tested yet.
I will test this until I find another solution.
Attached Image (click to enlarge)
Click to Enlarge Name: 0.png Size: 39 KB
Attached File(s)
File Type: ex4 EMA_Cross_eax pin [saeed].ex4   13 KB | 340 downloads
success comes from finding win-win solutions
  • #9,759
  • Jul 13, 2020 3:15am Jul 13, 2020 3:15am
Quoting info4saeed
{quote} yellow circles are for momentum indi and pink are for half trend I think half trend send more fake signal {image}

Dear Saeed,


Belie's (HalfTrend_TT_tx5v4k.mq4) indicator is not repaint I think.

It has got "fake" signal, but I think we should call that kind of signal = WRONG signal

Becouse the indicator is working well, it shows the signal on the currect place, but every GOOD (not repaint) indicator has got WRONG signals.
(Becouse trend's changing very fást. It shows the change, but after a while, shows again and again. )


Belie spoken about that.


Quoting belie
{quote} when you see a great indication in the chart with some indicator definitely its a repaint one. not repaint indicators must have faults signals somewhere back when you back test it. finding a balance one should be our mission



So (HalfTrend_TT_tx5v4k.mq4) has got fault/WRONG signals, but it is better than any repainter indicator's fake signal (In this case: Momentum's doesn't exist signal)

And as Belie said in last post here:
If you have got a good indicator (like Halftrend), you need to find another good indicators (like TDI, stoch, etc...) and combine.

My main tests build on stoch and I mix it with others.


I will check your EMA PIN at this week, but now I test momentum's new version with other PINs.


  • #9,760
  • Jul 13, 2020 4:29am Jul 13, 2020 4:29am
Quoting Szomihu
{quote} Dear Saeed, Belie's (HalfTrend_TT_tx5v4k.mq4) indicator is not repaint I think. It has got "fake" signal, but I think we should call that kind of signal = WRONG signal Becouse the indicator is working well, it shows the signal on the currect place, but every GOOD (not repaint) indicator has got WRONG signals. (Becouse trend's changing very fást. It shows the change, but after a while, shows again and again. ) Belie spoken about that. {quote}...
Thank you for your cooperation.
My favourite indicator is stochastic 24.10.10 too , but the problem is that I have to wait for weeks for it to reach the over buy/sell zone. That's why I'm not using it right now.
But you can see the original momentum indicator (which I pinned) in the simulation that gives the correct signal but its time is not accurate. That's why I'm trying to make it more complete by adding other tools.
success comes from finding win-win solutions
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