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  • #21
  • May 10, 2021 8:15pm May 10, 2021 8:15pm
I have try same something strategy like this one, but fail at all, first, the both color indicator like blind people, it just follow chart to move blinding, if you trade at the current chart situation, you can't predict the both color indicator will going change color or not, use history chart to talk story is easy, but when you pickup the gun to fight the war is another story.
God bless you all.
  • #22
  • May 11, 2021 2:05am May 11, 2021 2:05am
a new way to present a system, congrats capm
I think with a good filter it can become a good system
  • #23
  • May 11, 2021 3:59am May 11, 2021 3:59am
Thanks for a great place to nip by for some quick light-hearted entertainment break from charts. Do you serve coffee too? Have fun all!
  • #24
  • May 11, 2021 5:01am May 11, 2021 5:01am
Quoting capm
THE "YOU CAN'T BE SERIOUS" SYSTEM Hi, I am that boring guy who some time ago has tried to start a conversation on systems (algo vs. manual vs. ..) that went nowhere, rightly or wrongly. By the way, capm is not the anagram of "camp", as someone suggested, but the acronym for Capital Asset Pricing Model. It is totally irrelevant for what we do here (it is more relevant in asset allocation, if you are interested), but it was the first thing that came to mind when I decided for a name to join forums. Anyway, from that experience I had the chance to...
Nice one capm, once you mentioned Laura my ears pricked up, I await the rest of your method
Best wishes
  • #25
  • May 11, 2021 12:08pm May 11, 2021 12:08pm
Wow! I was not expecting such a response! From dogs to cats and everything in between! We even have another "camp anagram"!
Thank you all for your feedback and support.
  • #26
  • Edited 1:18pm May 11, 2021 1:02pm | Edited 1:18pm
One "secret" (bwhuahuahua!) revealed.

The MAbuffhist indicator is nothing else than a histogram representation of the slope of a moving average. (smart stuff, OD, almost there!) It changes colour when the slope (or direction) of a MA goes from downwards to upwards and viceversa (with a little buffer on flat conditions.)
I like to keep charts as clean as possible, hence the histogram, but if you prefer you can dump it (I guess it is not worth $2,000 by now!) and substitute it with this indicator (times 2.) Same thing: first on a 14 SMA, second on 24 EMA.

Attached File(s)
File Type: ex4 MA_In_Color.ex4   5 KB | 686 downloads

So, now you can get a proxy of the indicator in virtually every charting platform, I guess.
By the way, and for transparency, I had this MT4 indi from a friend who found it on a forum. It was the closest thing to what I was using at the time, not on MT4. As much as I would like to, I can't take any credit for this one.
Some of you may be curious about this choice and these strange numbers. For the sake of brevity, I will omit the explanation here. If you are interested, ask me, but you may be disappointed again: nothing magical here.

So, now you have these lines on your chart (or the histograms below it) These are your guidelines. If you are an experienced TA/PA trader you may be unimpressed, even disgusted, and I may agree with you. But having some reference (any reference that makes sense) on a chart is an enormous help for less experienced or lost traders because they can practice their discipline, one of the most vital attributes in trading, in my opinion.
The idea here is to follow rules and adhere to the wisest of idiosyncratic trading sentences: trade what you see, not what you think, or read or hear.
Less experienced traders, and whoever wants to listen: do not try to anticipate what the market will be doing. Look at the chart and buy if it is blue and sell if it is red. I know, I know, but it is just a stage.
One exercise that used to be great fun and terrifying at the same time with my students was to minimise the price chart part so that you could not see the prices at all. You have just to buy when it’s all blue and sell when it’s all red. Depressing for the many who found out that they would have better results this way! Hilarious too, if you do not really have a life (which most traders frankly do not have!) I have a lot of exercises of these kind to propose, but, again, let’s keep it simple here.

You may have some terrible results, and I will make sure I show some, depending on market conditions (remember, you have "chosen" to follow a trend following system: choppy markets will kill it every time!) It does not matter. Actually if the results are bad it is better, because the next stage is to identify why they are bad and investigate if and how we can improve.

So, I will give it a couple of days or so. I invite you to play with these lines and/or histograms on various time frames and make notes (ah, the journal! do not get me started!) of what you do not like, what you like and what is “mmm ok-ish”

Here are some examples (orange line means signal not triggered):
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So far so good for a simple mechanical rule, but then you also have this (bwuuahaha!!!!):
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Have fun.
  • #27
  • May 11, 2021 1:03pm May 11, 2021 1:03pm
I am brand new to the forum, this is one of the first threads I came across. Interesting communication style that grabbed my attention. I am intrigued to see how this progresses. I will setup my charts later and wait for the next stage of info. Thanks
  • #28
  • May 12, 2021 3:05am May 12, 2021 3:05am
Quoting capm
One "secret" (bwhuahuahua!) revealed. The MAbuffhist indicator is nothing else than a histogram representation of the slope of a moving average. (smart stuff, OD, almost there!) It changes colour when the slope (or direction) of a MA goes from downwards to upwards and viceversa (with a little buffer on flat conditions.) I like to keep charts as clean as possible, hence the histogram, but if you prefer you can dump it (I guess it is not worth $2,000 by now!) and substitute it with this indicator (times 2.) Same thing: first on a 14 SMA, second on...
if you want, try with vwap instead MAincolor
it's more stable and gives fewer false signals
On gold, setting 55 on M5
mabufferhisto 55 & 34
Session London & NY

Attached Image (click to enlarge)
Click to Enlarge Name: Buy Sell.png Size: 44 KB
Attached File(s)
File Type: ex4 VWAP_Close.ex4   8 KB | 818 downloads
Attached File(s)
File Type: tpl capm.tpl   2 KB | 683 downloads
  • #29
  • May 12, 2021 4:10am May 12, 2021 4:10am
Quoting le celte
We should start by showing our results ...
You must be able to answer 4 questions (and in the right order) : ...... here :
Quoting le celte
Bonjour, I’m an old geezer too
no blabla, results. Already two pages and we still do not have the complete strategy that would fit in a single post ....


The MA strategies are without a doubt what has been studied the most here. And by seasoned traders. Hundreds of strategies with MAs. None have really led to significant long-term gains. Except yours. So obviously we get impatient ...
Cheers
jf

This morning, my strat, at the open Francfurt / London
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  • #30
  • May 12, 2021 6:28am May 12, 2021 6:28am
Quoting Matteorossi
{quote} if you want, try with vwap instead MAincolor it's more stable and gives fewer false signals On gold, setting 55 on M5 mabufferhisto 55 & 34 Session London & NY {image}{file}{file}
Thank you for your indicator. I am a sucker for volume analysis and…..ah, this is a juicy bite for me to launch on another long lecture!!! I won’t!

I would just say that volume would add another dimension to the issue. I am trying to illustrate a methodology that could help traders find their way through charts and I thought it should be mildly challenging but simple enough.
Besides, volume data outside futures, options or shares is ….erratic? My guess is that the vast majority here trades FX and cfds, where we do not really know where volumes come from and you may have differences from broker to broker (I did some comparisons futures/cfds in the past but let’s not go into that)
But I do appreciate your input. I will experiment with your suggestion when I have time. Thanks.

To everyone: look, unless you still believe in fairies, you should have gathered that there is nothing magical about anything here. I could easily use any moving average, or MA crossover or any indicator of trend to illustrate my point and my methodology. I picked this one because I have not seen many strategies using the slope of MA, so I thought it may be a bit more entertaining. You can eventually use whatever you want and you feel more comfortable in terms of trend indicators, as long as you are consistent, test and analyse your results.
I will continue using what I used so far in this thread and I suggest you do the same to better follow it, but it is your choice and I am not jealous if you use other indis.
  • #31
  • May 12, 2021 6:34am May 12, 2021 6:34am
Quoting le celte
{quote} You must be able to answer 4 questions (and in the right order) : ...... here : {quote} no blabla, results. Already two pages and we still do not have the complete strategy that would fit in a single post .... The MA strategies are without a doubt what has been studied the most here. And by seasoned traders. Hundreds of strategies with MAs. None have really led to significant long-term gains. Except yours. So obviously we get impatient ... Cheers jf This morning, my strat, at the open Francfurt / London {image}
Oh mon dieux! I am really confused on what to do with you. I like peculiar characters and I welcome constructive criticism, but I am not sure you qualify to be in either category. But I always like to help distressed people, so I will try to be more precise:

a) There is going to be a lot of blabla here. I love blabla and this is my thread. Some people like it, some don't. Nobody is forcing anyone.
b) This thread is just an extract from my latest book "The complete strategy that will not please le celte" (I know, and you have free marketing too!) It has 2340 pages and I am just at the beginning. So, I will ease your pain and tell you now: you will not find anything you like here.
c) Impatience is dangerous in trading. Are you sure you picked the right profession, activity or hobby?
d) With this new information, there is a fantastic way to avoid my blabla and all this: avoid reading it.

Finally, I presume you have your own thread for your strategy and I am sure that, with your exacting standards, it must be very successful (and very concise!) but please do not pollute this thread with your stuff. This is the second time you do it. I appreciated you apologised the first time, but you start looking as a serial offender. Please stop.
  • #32
  • May 12, 2021 9:57am May 12, 2021 9:57am
Quoting capm
{quote} Oh mon dieux! I am really confused on what to do with you. I like peculiar characters and I welcome constructive criticism, but I am not sure you qualify to be in either category. But I always like to help distressed people, so I will try to be more precise: a) There is going to be a lot of blabla here. I love blabla and this is my thread. Some people like it, some don't. Nobody is forcing anyone. b) This thread is just an extract from my latest book "The complete strategy that will not please le celte" (I know, and you have free marketing...
Oh mon Dieux! Rodders..

Reminds me so much of the classic Del Boy, a trip down memory lane for us Brits:-

Inserted Video
  • #33
  • May 12, 2021 11:54am May 12, 2021 11:54am
Quoting capm
Thank you very much, old_dog. It is nice to start with a positive feedback! I really appreciate it. Ah, reminiscence of the ancient investment world. All different these days....or is it? I guess I am an old dog too. Let's see if this will be just an old dog's club! Best
Great start, capm. You are collecting some "old" dogs...
My monthly peek-at-the-forum yielded your exquisitely posited rhymes and rhythms.
Looking forward to seeing more.

Carl
  • #34
  • May 12, 2021 2:15pm May 12, 2021 2:15pm
Hello!


I am visiting the FF-forum for quite a while now and finally decided to open up an account

I think your system could turn out as a very interesting approach, so I coded a small indicator (attached below). It is an alpha-alpha-alpha version, because I just had some time left before bed and realy wanted to finish it today.

So what does the indicator do?

- It simply draws an arrow at the candle, when both indicators(Post #1) change colours. If it changes from red to blue, then it is an down arrow and vice versa.
- It draws two lines above and under the "arrow-candle", which should visualize the breakout-zone. With the only available extern variable "Space" you can choose, how far the lines should be away from the high/low of the candle. Default setting is "20"(so 2 pips for a 5-digit broker, like I am using, as capm said in Post#1).

Don't be confused:

The indicator does not print in the past(as I said I did have not time for that today)! So what you can do with this is attach it to a live chart and wait for a signal or run a backtest with it, so you get the results. I know, that this is garbage, but I thought it is better than searching manually for that signals. So you can run a backtest and then attach other indicators/what so ever to it and try to figure out, which filters may fit to the general approach.

I am sorry for the simplicity of the indicator, but as I already said I did not have so much time today.. In the near future I will update the indicator, so it will show you the signals in the past and so on, I promise!

And, as this is my very first action in this forum, I want to say, that I always will upload the mq4-files, if it is technically possible for me.
I am hoping, that some day many coders will work on one project and that is only possible, if the mq4-files are available. Additionally to that I hope, that maybe a newbie can learn something from my code, even if I would describe my own coding-style as total bs LMAO

I will update this in the next couple of days and maybe it is helping someone

Attached File(s)
File Type: mq4 capm Test.mq4   4 KB | 609 downloads
Good code doesn't need comments.
  • #35
  • May 12, 2021 4:59pm May 12, 2021 4:59pm
Quoting capm
One "secret" (bwhuahuahua!) revealed. The MAbuffhist indicator is nothing else than a histogram representation of the slope of a moving average. (smart stuff, OD, almost there!) It changes colour ....
Hi All,

No. Not "almost there". Exactly there

A mathematical analysis by linear regression shows that the histogram is NOT generated by just the slope of the MA. It is precisely generated by the cross of the MA with another 5-period MA of itself which is the signal line. You can reduce this via linear regression to the coefficients of a FIR (finite impulse response) filter for the SMA and those of an IIR (infinite impulse response) filter for the EMA. The mathematics does not lie. I have been at this game for far too many years to be easily fooled...

I am sure if you publish the MQL4 you will see what is going on....

KR,

OD

.
  • #36
  • May 12, 2021 6:39pm May 12, 2021 6:39pm
So far this can be a "trade the Arrows" mechanical system.
Attached Image (click to enlarge)
Click to Enlarge Name: THIS COULD BE TRADED.JPG Size: 113 KB
Attached File(s)
File Type: mq4 2MA Crossover-02.mq4   17 KB | 572 downloads
  • #37
  • May 13, 2021 12:04am May 13, 2021 12:04am
Quoting crodzilla
{quote} Looking forward to seeing more. Carl
Hi,
patience Carl, in 2340 posts when CAPM will have finished his cerebral masturbation, we will perhaps have the total finality of this MAs strategy ... Who like the others will not make us win, no more no less ...
The best here don't make us lose a lot, and nor gain a lot.
Why put in a single post or two what CAPM can put in 3000?
So original and funny



Best wishes all
jf
  • #38
  • May 13, 2021 5:44am May 13, 2021 5:44am
To use a millennials' expression, Oh… my…. God!

What have I started? Now I understand what some people warned me about when I was considering opening this thread! It's extremely interesting from a sociological point of view but daunting and exhausting, especially considering that I have many other things to do, and this one does not pay any bill!

How do I manage the creativity and different pulls of different people in the forum? Should I offer an articulated reply to OD's mathematically impressive analysis and, in doing so, further provoke le celte and his crave for brevity? Should I download, analyse and comment on the various versions of EAs that will inevitably pop up? Should I assume that the main message was clear in my mind but has been misinterpreted? Is it because it was too long or not long enough?

I will go through all these with my therapist. In the meantime, let me reply to the latest posts.

Thank you again for participating and for the support, old and new dogs and other animals.

Thank you for the new codes, indies, etc. I am not sure yet I will comment on them but I love the participative attitude, although I am a bit concerned it may create confusion.

Apologies for posting "the wrong kind" of MT4 indicators. I am not an MT4 expert and I posted what I had found in my files. After a closer look I have found what I hope is "the right version"” of them.

Attached File(s)
File Type: mq4 MAbufferhist.mq4   3 KB | 798 downloads
Attached File(s)
File Type: mq4 MA_In_Color.mq4   4 KB | 643 downloads

OD, I did not mean to be dismissive or patronising, nor, heaven forbid!, try to fool you! I was just trying to keep things simple. Thank you for your explanation.

Le celte, I like the way you provide entertainment. Please continue doing so, as long as you do not talk about your strategies. By the way, cerebral masturbation is exactly what we do here. Has anybody told you yet?
  • #39
  • May 13, 2021 6:28am May 13, 2021 6:28am
capm, i feel very bad for people like yourself who want to teach or give some light at the end of a long tunnel( LOOOOSING TRADERS!!!!!!!).Someone should create a FOREX FACTORY type forum but with a monthly subscription or some kind of payment and i guarantee you only the serious and patient traders would be on there. HEY i want to be a surgeon but holy shit is it necessary to go through ten years of medical school why dont the damn professors just give me my degree and my liscence to practice ,what a stupid dumb ass university this is.
  • #40
  • May 13, 2021 7:12am May 13, 2021 7:12am
Come on Le celte,you been with FF for ages,treat everything with a pinch of salt ! just treat it as shit and giggles,currently capm system is untradable we all know that but maybe,just maybe it might turn out great and then you can track down capm and buy him a beer !
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