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LazyTMA trading

  • #481
  • Dec 3, 2020 10:08am Dec 3, 2020 10:08am
Seems we came up with solution at the same time - just a different one Somehow the tester does not like 1000bars value.

Quoting SwingMan
{quote} A little help for you: I have now also found that there are problems in the tester, but I haven't found the exact cause. But it helps to change a parameter: Total_Bars = 800 or smaller.
  • #482
  • Dec 3, 2020 10:30am Dec 3, 2020 10:30am
Quoting Ilvez
...And here is all the proof you need why the countertrend trading is not healthy at all: first it sells -300pips against the rising trend and then it buys -800pips into falling trend....
I do not agree to two procedures:
- use of repainting indicators, because I would have to invest more intellectual energy to be successful
- countertrend trading

What we are now commenting on, I did a long time ago only as an exercise and curiosity, and that's why I'm not interested in investing much time.

----------------------

Just as information about what I will be programming in the near future and why I have little time.
It is something that is extremely criticized in some threads, even if not many of them know exactly what they are talking about.

It's not just alone, it's the combination of hedging and martingale (there is no worse)!
If someone has experience and is interested in the idea, I'll post a few things at some point.
If one writes negative comments, I put anyone as ignored in my lists ...
  • #483
  • Dec 3, 2020 10:43am Dec 3, 2020 10:43am
Quoting SwingMan
{quote} I do not agree to two procedures: - use of repainting indicators, because I would have to invest more intellectual energy to be successful - countertrend trading What we are now commenting on, I did a long time ago only as an exercise and curiosity, and that's why I'm not interested in investing much time. ---------------------- Just as information about what I will be programming in the near future and why I have little time. It is something that is extremely criticized in some threads, even if not many of them know exactly what they are...
I trade using counters - which is in effect a form of hedging, so any aspect of that, I would be interested in. Martingale, not so much...however, I am willing to keep an open mind until I see what you are working on!
  • #484
  • Dec 3, 2020 11:12am Dec 3, 2020 11:12am
I understand. I hope you are not completely giving up on your TMA indicators as they are extremely good value, repainting or not. With some care you can to pick the right entries to go with the trend and by choosing appropriate timeframe, it is possible to set shorter or longer trading targets.

For instance today when following Husky 2.2 M15 suggestions in the direction of the trend, +100pips were available, with less than 10pips risk involved.

I hope you are OK with this when someone else uses your indicator as input to trade management EA?

Quoting SwingMan
{quote} I do not agree to two procedures: - use of repainting indicators, because I would have to invest more intellectual energy to be successful - countertrend trading What we are now commenting on, I did a long time ago only as an exercise and curiosity, and that's why I'm not interested in investing much time. ---------------------- Just as information about what I will be programming in the near future and why I have little time. It is something that is extremely criticized in some threads, even if not many of them know exactly what they are...
  • #485
  • Dec 3, 2020 11:50am Dec 3, 2020 11:50am
Quoting lemercenaire
...I trade using counters - which is in effect a form of hedging, so any aspect of that, I would be interested in. Martingale, not so much...however, I am willing to keep an open mind until I see what you are working on!
I know! In short:
As expected, my hedging idea is independent of whether one are trading in the direction of the trend or the counter trend.
It doesn't matter if one uses standard moving averages, or the Alligator, or the TMA, Hull etc ...
The applied martingale is a by-product with dynamic factors, and will be interesting to test because it is weakened and may not cause an account disaster.
  • #486
  • Dec 3, 2020 11:54am Dec 3, 2020 11:54am
Quoting Ilvez
... I hope you are OK with this when someone else uses your indicator as input to trade management EA?
Sure, you have the source code for indicators and EAs here in the thread and every programmer can make changes.
  • #487
  • Dec 3, 2020 4:29pm Dec 3, 2020 4:29pm
Hi,

I hope Swingman is OK that I checked the code of Husky v2.2 and found place how tweak it, so it displays trade suggestions, which ONLY follow the main TMA trend, while taking advantage of price bouncing off the outer bands. Basically should ensure good momentum in right direction, in theory.

For BUY signal: Central TMA pointing UP, price needs to be BELOW TMA by user selected Band threshold (default 1).
For SELL signal: Central TMA pointing DOWN, price needs to be ABOVE TMA by user selected Band threshold (default 1).

Test it out how it works for you. I am not a coder myself and can assure I did not touch the vital parts of the indicator

Good luck!
Attached File(s)
File Type: mq4 smLazyTMA HuskyBands_v2.2_TrendOnly.mq4   30 KB | 1,129 downloads
  • #488
  • Dec 4, 2020 2:57am Dec 4, 2020 2:57am
Quoting Ilvez
Hi, I hope Swingman is OK that I checked the code of Husky v2.2 and found place how tweak it, so it displays trade suggestions, which ONLY follow the main TMA trend, while taking advantage of price bouncing off the outer bands. Basically should ensure good momentum in right direction, in theory. For BUY signal: Central TMA pointing UP, price needs to be BELOW TMA by user selected Band threshold (default 1). For SELL signal: Central TMA pointing DOWN, price needs to be ABOVE TMA by user selected Band threshold (default 1). Test it out how it works...
Very well!
It would be more elegant to make a switch like this:
enum TRADE_DIRECTION
{
Trend,
Countertrend,
Both
};
  • #489
  • Dec 4, 2020 3:45am Dec 4, 2020 3:45am
Yes, the switch would be nice but I was out of my depth anyway by first time modifying MQL code at 1 AM in the night.

If only now I could connect the Trendy Husky signals to the EA...oh well, its Christmas, anything can happen

Take care,
I

Quoting SwingMan
{quote} Very well! It would be more elegant to make a switch like this: enum TRADE_DIRECTION { Trend, Countertrend, Both };
  • #490
  • Dec 4, 2020 4:27am Dec 4, 2020 4:27am
Hi,

Can you comment on the trade entry logic for the Husky (trending)? Why it did not take the SELL trade on EURJPY today?

Attached Image



I understood that signal is given with following logic e.g. when candle closes above/below Band threshold, signal is given at next candle?

https://www.forexfactory.com/thread/...3#post12322063

Is it because the second candle also breached Band2? I think it is actually prudent logic not blindly take trade at next candle as the spike may continue. Like here, the signal is given at the Band4 (threshold is still Band1):

Attached Image



Many thanks,
I



Quoting SwingMan
{quote} Very well! It would be more elegant to make a switch like this: enum TRADE_DIRECTION { Trend, Countertrend, Both };
  • #491
  • Dec 4, 2020 4:59am Dec 4, 2020 4:59am
Quoting Ilvez
Hi, Can you comment on the trade entry logic for the Husky (trending)? Why it did not take the SELL trade on EURJPY today? {image} I understood that signal is given with following logic e.g. when candle closes above/below Band threshold, signal is given at next candle? https://www.forexfactory.com/thread/...3#post12322063 Is it because the second candle also breached Band2? I think it is actually prudent logic not blindly take trade at next candle as the spike may continue. Like here, the signal is given at the Band4 (threshold...
Sorry if I have not the time to analyse.
For charts please post the time frame, pair, scales. I don't have the time to guess what is going on and then analyze problems.

- Check the function "Get_SlopeMomentumValues".

- I supose that the slope is calculated like here: https://www.forexfactory.com/thread/...5#post12646235
and is not the slope of centered line.
  • #492
  • Dec 4, 2020 5:11am Dec 4, 2020 5:11am
Thanks, will take a look at the function and see how it goes.

The pair was EURJPY, 1H timeframe. 1st picture as of today running on live demo.

Quoting SwingMan
{quote} Sorry if I have not the time to analyse. For charts please post the time frame, pair, scales. I don't have the time to guess what is going on and then analyze problems. - Check the function "Get_SlopeMomentumValues". - I supose that the slope is calculated like here: https://www.forexfactory.com/thread/...5#post12646235 and is not the slope of centered line.
  • #493
  • Dec 4, 2020 8:42am Dec 4, 2020 8:42am
Quoting SwingMan
{quote} Why don't you use Husky Bands v_2.2? I believe it is similar and some issues have been resolved. I don't understand your question about repainting. It has been written a hundred times by me, @mladen, @robots4me etc. that TMA is a repainting average, and everyone should get along with it or use other indicators.
Hi, Swingman, ive been testing the indis for months trading live, and Huskybands v2.1 and now the new v2.2 you very kindly reprogramed for me are in my opinion the most accurate signals, if we could get the Ea to take signals off of Huskybands v2.2 with 56 Threshold in settings, and a move stop to brake even at certain pips (although we can get another Ea to do the brake even setting for us on a second chart) i think it would be very profitable, Cheers M
  • #494
  • Dec 4, 2020 8:48am Dec 4, 2020 8:48am
Quoting Ilvez
OK, I got the Husky Bands v2.2 working in tester. Just needed to increase the bars from 1000->2000 in the indicator settings. And here is all the proof you need why the countertrend trading is not healthy at all: first it sells -300pips against the rising trend and then it buys -800pips into falling trend. I am not blaming the indicator at all as some folks like to trade countertrend. {image} The complicated part to make Husky to trade into the trend is that these occasions come quite rarely when price crosses centerline TMA and hits opposite Band1....
Try it on different charts, not all pairs react the same, Also i know we are talking about the indi here but going back to the Ea there is a setting in the Ea where it only trades using the direction of trend, under (IGNORE TREND FILTER) set this to false if you only want the EA to trade with the trend cheers M
  • #495
  • Dec 4, 2020 10:22am Dec 4, 2020 10:22am
What version of indicator the latest v7.0 EA uses?

I tried v7.0 but the trend filter setting had no effect. It was still trading against trend and losing money.

Many thanks,
I


Quoting montego
{quote} Try it on different charts, not all pairs react the same, Also i know we are talking about the indi here but going back to the Ea there is a setting in the Ea where it only trades using the direction of trend, under (IGNORE TREND FILTER) set this to false if you only want the EA to trade with the trend cheers M
  • #496
  • Dec 4, 2020 11:43am Dec 4, 2020 11:43am
Hi Swingman,

Could I ask you to post the EA library file (smLazyTMA_EAIncludes_v4.mqh) in a source format? I presume it contains the indicator functions, which the EA reads?

I can then flip the trade logic around in library so instead of counter-trend the signals will be sent to EA as trend following ones.

Many thanks,
Ilvez


Quoting SwingMan
This thread is started because I do not want to disturb the threads of other valued members. Here I will post some versions of the LazyTMA files. The current versions are posted here, especially if I find bugs in the code ... {file} {file} Here the source code: {file} In #Post 11 - a first bug corrected... {file} The source code for the HuskyBands and EAs {file} {file} {file} {file}
  • #497
  • Dec 4, 2020 12:38pm Dec 4, 2020 12:38pm
Quoting Ilvez
Hi Swingman, Could I ask you to post the EA library file (smLazyTMA_EAIncludes_v4.mqh) in a source format?...
Yes, yes, nobody reads my posts ...
Does one have everything you need in #Post 1, or is something missing?
I believe that I calculate the trend as with the indicator "smLazyTMA AvgSlopeLog_v3.mq4"
  • #498
  • Dec 4, 2020 4:08pm Dec 4, 2020 4:08pm
I read your posts and was asking about the library file source for the file on first post as "smLazyTMA_EAIncludes_v4.mqh". Its not the same file as "smLazyTMA AvgSlopeLog_v3.mq4", right?

My goal - to avoid countertrend deals in EA and run it through strategy tester to evaluate the potential of the trend following approach, with the Husky Band logic.

Today, the trend following signals from Husky 2.2. would have netted across 3-4 pairs 100+ pips with very little DD. But this is retrospective news because I had no time to sit and stare all day at MT4 graphs and trigger deals...


Quoting SwingMan
{quote} Yes, yes, nobody reads my posts ... Does one have everything you need in #Post 1, or is something missing? I believe that I calculate the trend as with the indicator "smLazyTMA AvgSlopeLog_v3.mq4"
  • #499
  • Dec 4, 2020 6:08pm Dec 4, 2020 6:08pm
Quoting Ilvez
I read your posts and was asking about the library file source for the file on first post as "smLazyTMA_EAIncludes_v4.mqh". Its not the same file as "smLazyTMA AvgSlopeLog_v3.mq4", right? My goal - to avoid countertrend deals in EA and run it through strategy tester to evaluate the potential of the trend following approach, with the Husky Band logic. Today, the trend following signals from Husky 2.2. would have netted across 3-4 pairs 100+ pips with very little DD. But this is retrospective news because I had no time to sit and stare all day at...
- What about the last two source files from #Post 1?

- Include files .mqh are not library files. These are .dll, .ex4, .mq4.

- AvgSlopeLog is a powerful trend indicator that i have developed. I just wrote that I suppose that his algorithm can also be used in Indi or EA.

- Be careful with evaluations. The live signals are not at all identical to what you see in the chart afterwards (repainting!),
  • #500
  • Dec 4, 2020 6:37pm Dec 4, 2020 6:37pm
Why are the analyzes wrong and someone thinks they have the holy grail?
Here is a test with EA-7.0
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15-1.png Size: 33 KB

- Lower rectangle:
The sell trade took place at 9:30 am, at which point the CenterLine (the trend) was falling.

- Upper rectangle:
Here is the position of the CenterLine drawn after 34 bars, from here the indicator is no longer repainted, and the trend is rising!

With the cursor, one can see at any point at which time the repainting line was drawn (present).
This representation made by me is unique, one has not been seen anywhere in this form to visualize the repainting, and one has to understand and analyze what it is about.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15-2.png Size: 34 KB
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