DislikedNew version "smACME Rectangle_v2.1" The algorithm has been changed a bit because in the first version only rectangles with 4 bars were considered. Now, some overlaps of congestion areas are avoided . {image} {file}Ignored
- #84
- Aug 3, 2020 4:42am Aug 3, 2020 4:42am
- Joined Jul 2015 | Status: Trader | 2,299 Posts
{quote} Hi @Swingman -- thank you for this interesting (and different) indicator. I think this one is another "keeper"... I like trading price swings -- 28 pairs on H4 time frame -- and your smACME indicator looks to be a good match for that trading style. Also, since I'm trading 28 pairs on H4 then I only need to get one or two bars right -- i.e. I'm not looking for an extended run or trend. {image} The screen shot above gives you an idea of what I mean. This is a GBPJPY / H4 chart with @mladen's centered TMA as a reference. The smACME indicator...
Steve aka Robots4me: Long Enough.
Welcome Back Hell Raiser!!!
New version "smMagicGator Signals_v1.3" The only new feature is whether one should draw the alligator lines or not: "Draw_Alligator_Lines = true / false" ----------------------------- Because many people also want to draw the dynamic octaves lines, here the new version "smPriceBoat MiddleHiLo_v2" In the chart are drawn the weekly lines. {image} {file} {file}
Thanks for this thread and indicator.
Is it possible to use this indicator return a value to be monitored to get the output through iCustom() in MQL4 to use as trade entry in my EA?
iCustom
Calculates the specified custom indicator and returns its value.
double iCustom(
string symbol, // symbol
int timeframe, // timeframe
string name, // path/name of the custom indicator compiled program
... // custom indicator input parameters (if necessary)
int mode, // line index
int shift // shift
);
- #95
- Aug 10, 2020 9:37am Aug 10, 2020 9:37am
- Joined Mar 2007 | Status: Trader | 2,126 Posts
Make sure losses are small and profits are bigger!
- #96
- Aug 10, 2020 11:48am Aug 10, 2020 11:48am
Hi @pcorneli - I'm sorry if I don't have time to check the indicator now, maybe later. One have to try in the area of line 450 whether it helps to reduce "pos": pos = pos-equals; - If you also can make the parameters available for @riyas.biz, it would be nice. - For the trend filter in "MagicGator is used the "Alligator" and in "PriceBoat" two MAs. Here the source codes only for you and @riyas.biz: {file} {file}
As I mentioned before, I used iCustom(), with your smMagicGator signal v1.3, trying to use @ M1 chart
. Sell seems to be good signal, buy signals having spread issue, is it purely broker dependent?
- #97
- Edited Aug 11, 2020 3:42am Aug 10, 2020 12:04pm | Edited Aug 11, 2020 3:42am
- Joined Aug 2007 | Status: Trader | 2,725 Posts
- #98
- Aug 10, 2020 10:01pm Aug 10, 2020 10:01pm
{quote} For sure! Broker and time-dependent. I am not a trader, but I suppose that the ATR/Spread ratio should not be higher than 20%. In dashboards where there are several pairs, I filter out the pairs with a higher percentage. Such a criterion can be strict for M1.
I try to depend only on the signals from smMagicGator signal v1.3 but doesn't seem to be the case so I'm thinking of adding 3EMA and check for consensus between signal and EMAs(50,100,150). What do you think? I did not understand the signal filter anyway... Please note that I only want to do automated trading, I can't sit in front of the screen to do a trade. I'm not an experienced trader, only reason because there is a programming language to apply my passion
- #99
- Edited 10:48pm Aug 10, 2020 10:02pm | Edited 10:48pm
- Joined Aug 2007 | Status: Trader | 2,725 Posts
...Is it possible to use this indicator return a value to be monitored to get the output through iCustom() in MQL4 to use as trade entry in my EA?...
Or try this:
with results here: https://www.forexfactory.com/thread/...1#post13067161
