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Attachments: Daylight Trading Strategy
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Daylight Trading Strategy

  • #1,401
  • Oct 4, 2021 7:02pm Oct 4, 2021 7:02pm
Quoting jamzzz
{quote} Dear Laura, I painstakingly tried several twists and kinks to Daylight and I think I have come up with something workable. it just beats your current settings with entries and exits. I didnt cherry pick this chart, Its just the same thing over and over again in my backtests. Have a look at it and let us have your view please. Attached is GBP/CHF H1 of now {image}
Hi,

Thanks for sharing - what settings are you using please?
  • #1,402
  • Oct 6, 2021 12:08am Oct 6, 2021 12:08am
It seems that jamzzz's settings were:
Hull MA 21 (close), EMA 5 (applied to Hull 21).
And for oscillator: Hull 18 (applied to Williams%R 14) and SMMA 4 (applied to Hull 18).

As I am also using cTrader I managed to get very close picture to his picture.
  • #1,403
  • Oct 6, 2021 3:17am Oct 6, 2021 3:17am
Quoting sharker
It seems that jamzzz's settings were: Hull MA 21 (close), EMA 5 (applied to Hull 21). And for oscillator: Hull 18 (applied to Williams%R 14) and SMMA 4 (applied to Hull 18). As I am also using cTrader I managed to get very close picture to his picture.
Thank you. I'll take a look.
  • #1,404
  • Oct 6, 2021 6:36am Oct 6, 2021 6:36am
Quoting sharker
It seems that jamzzz's settings were: Hull MA 21 (close), EMA 5 (applied to Hull 21). And for oscillator: Hull 18 (applied to Williams%R 14) and SMMA 4 (applied to Hull 18). As I am also using cTrader I managed to get very close picture to his picture.
Thanks, I just opened CTrader account, does Hull MA is a custom indicator in there? Do I need to purchase it to use from their desktop/web app?
I couldn't get a working Hull MA for MT4 which can be applied to Williams%R as well
  • #1,405
  • Oct 6, 2021 3:25pm Oct 6, 2021 3:25pm
Quoting gedeh
{quote} Thanks, I just opened CTrader account, does Hull MA is a custom indicator in there? Do I need to purchase it to use from their desktop/web app? I couldn't get a working Hull MA for MT4 which can be applied to Williams%R as well
It is in the desktop version of cTrader. You have to install it on your computer. Web-version does not contain it. And you can't apply any indicator to some other indicator in web-version as well. Only to open/close/high/low.
  • #1,406
  • Edited Oct 7, 2021 4:05am Oct 6, 2021 7:26pm | Edited Oct 7, 2021 4:05am
Thanks,

I have both indicator atatched here. I get the first one (Hull Moving Average.mql4) from MQL5 website and I coded the second one myself (DaylightOscillatorHull.mql4) because the custom one from MQL5 website doesn't have ability to use WPR as the source of the Hull MA.

I hope this helps, cheers

EDIT: Screenshot from MT4 attached and updated the indicator. I see more similar result using slow 21 and fast 5, same WPR 14
Attached Image (click to enlarge)
Click to Enlarge Name: 3ef6731c8d7b490dca89f6be2f642590.png Size: 630 KB
Attached File(s)
File Type: mq4 Hull Moving Average.mq4   13 KB | 793 downloads
File Type: mq4 DaylightOscillatorHull.mq4   16 KB | 735 downloads
  • #1,407
  • Oct 7, 2021 3:49am Oct 7, 2021 3:49am
Quoting gedeh
Thanks, I have both indicator atatched here. I get the first one (Hull Moving Average.mql4) from MQL5 website and I coded the second one myself (DaylightOscillatorHull.mql4) because the custom one from MQL5 website doesn't have ability to use WPR as the source of the Hull MA. I hope this helps, cheers EDIT: Screenshot from MT4 attached {file} {file} {image}
Very nice. Thanks for sharing this!
  • #1,408
  • Oct 7, 2021 4:19am Oct 7, 2021 4:19am
Yip, I have a very-very small experience in trading and I see this Daylight system is so simple yet so powerful.
I thought I might can help Laura and everyone else here validates the suggested improvement from by jamzzz by creating this indicator
  • #1,409
  • Oct 7, 2021 6:53am Oct 7, 2021 6:53am
Quoting LauraT
{quote} Hi, Thanks for sharing - what settings are you using please?
Dear Laura,
Sorry for my late reply, I was so so busy. What I did is just simple, of all the moving averages the Hull moving average is the only one that has Zero lag.

I just swapped all the Moving averages with Hull. Simple!!!! Then just try a combination 21/29, 21/35, 21/31. I just use the same combo of Hull in the main chart and Daylight.

I hope my addition to Daylight will help!!!
Thanks Laura you are my hero!!!
  • #1,410
  • Oct 7, 2021 7:00am Oct 7, 2021 7:00am
Quoting sharker
It seems that jamzzz's settings were: Hull MA 21 (close), EMA 5 (applied to Hull 21). And for oscillator: Hull 18 (applied to Williams%R 14) and SMMA 4 (applied to Hull 18). As I am also using cTrader I managed to get very close picture to his picture.
Nice!!!!
So close though, what I used is in my previous post. I am trying to figure out how to deal with this update in very strong trends, and maybe refine the entries and exits.
  • #1,411
  • Oct 7, 2021 7:18am Oct 7, 2021 7:18am
Quoting jamzzz
{quote} Dear Laura, Sorry for my late reply, I was so so busy. What I did is just simple, of all the moving averages the Hull moving average is the only one that has Zero lag. I just swapped all the Moving averages with Hull. Simple!!!! Then just try a combination 21/29, 21/35, 21/31. I just use the same combo of Hull in the main chart and Daylight. I hope my addition to Daylight will help!!! Thanks Laura you are my hero!!!
Heroine ( Don't leave out the "e.")
every Saint has a past. Every Sinner has a Future
  • #1,412
  • Oct 7, 2021 7:26am Oct 7, 2021 7:26am
Quoting jamzzz
{quote} Dear Laura, Sorry for my late reply, I was so so busy. What I did is just simple, of all the moving averages the Hull moving average is the only one that has Zero lag. I just swapped all the Moving averages with Hull. Simple!!!! Then just try a combination 21/29, 21/35, 21/31. I just use the same combo of Hull in the main chart and Daylight. I hope my addition to Daylight will help!!! Thanks Laura you are my hero!!!
Ah so all the MAs are Hull, then I need to update my script for this.


I might understood you wrong on your reply, so can you please clarify these:
- What period of MA are on the chart
- What period of WPR is on the sub window
- What period of MA are on the sub-window
- What divisor of Hull MA you use on all of them?
  • #1,413
  • Edited 5:43am Oct 8, 2021 1:34am | Edited 5:43am
Thank you Laura, for an interesting approach to the use of indicators and the trading system.
I wrote an indicator for the test, it is not particularly fast, but it performs its task, displays arrows on the signals of two MA in the Williams indicator window.
Attached File(s)
File Type: mq4 2MA Williams.mq4   7 KB | 440 downloads
File Type: ex4 2MA Williams.ex4   25 KB | 403 downloads
  • #1,414
  • Oct 8, 2021 4:14am Oct 8, 2021 4:14am
Read the last post on this extracted thread: Gives a good overview of the realities of trading and the need for money management and discipline.
( I wonder how many will actually read it)
https://www.forexfactory.com/thread/...3#post13737863
every Saint has a past. Every Sinner has a Future
  • #1,415
  • Oct 8, 2021 7:10am Oct 8, 2021 7:10am
Quoting turnip15
Read the last post on this extracted thread: Gives a good overview of the realities of trading and the need for money management and discipline. ( I wonder how many will actually read it) https://www.forexfactory.com/thread/...3#post13737863
I did! It's wisdom gained from experience and patience.
  • #1,416
  • Oct 8, 2021 9:10am Oct 8, 2021 9:10am
Quoting jamzzz
{quote} Dear Laura, Sorry for my late reply, I was so so busy. What I did is just simple, of all the moving averages the Hull moving average is the only one that has Zero lag. I just swapped all the Moving averages with Hull. Simple!!!! Then just try a combination 21/29, 21/35, 21/31. I just use the same combo of Hull in the main chart and Daylight. I hope my addition to Daylight will help!!! Thanks Laura you are my hero!!!
Hello.
Can you paste your Hull indicator on FF?
  • #1,417
  • Oct 8, 2021 2:35pm Oct 8, 2021 2:35pm
Quoting Stringon
{quote} Hello. Can you paste your Hull indicator on FF?
I use Ctrader for my trading not MT4, thats why I didn't share any template or indicators, if you use Ctrader I can share the template for you.

If you scalp the markets God!!!!! Ctrader is just the best
  • #1,418
  • Oct 9, 2021 2:10am Oct 9, 2021 2:10am
[quote = jamzzz; 13738997] {quote} Я использую Ctrader для своей торговли, а не MT4, поэтому я не предоставил ни одного шаблона или индикаторов, если вы используете Ctrader, я могу поделиться шаблоном для вас. Если скальпировать рынки Боже !!!!! Ctrader просто лучший [/ quote]
Share for everyone. Publish.
  • #1,419
  • Oct 9, 2021 12:14pm Oct 9, 2021 12:14pm
Quoting LauraT
It will not be a reliable filter in aggressive mode due to the shorter MA. {image}
So I've read the thread and now I'm reading it again and I just want to clarify. This sentence is no longer true right? It is a reliable filter in the aggressive mode because everyone is using it now.
  • #1,420
  • Oct 9, 2021 1:59pm Oct 9, 2021 1:59pm
Quoting jamzzz
{quote} I use Ctrader for my trading not MT4, thats why I didn't share any template or indicators, if you use Ctrader I can share the template for you. If you scalp the markets God!!!!! Ctrader is just the best
Globalprime is also great for scalping.
every Saint has a past. Every Sinner has a Future
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