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  • #17,841
  • Oct 19, 2021 2:30am Oct 19, 2021 2:30am
Quoting FunkyKoval
{quote} I use fractal as a swing detector, you can use other techniques, e.g. zig zag, but by me fractal is better when combined with my consolidation detection. As you can see, the philosophy is simple: 1) detect pulse / swing (fractal) 2) detect pullback and consolidation (5 candles between fractal and vwpa) 3) evaluate profit
daily VWPA?
Stay green!!!
  • #17,842
  • Oct 19, 2021 2:47am Oct 19, 2021 2:47am
curiosity, when I watching Digger trading on more than 40 instruments: Forex, Metals, Crypto and Indices, I can clearly see where the market places money.

for example from Forex to Metals etc. I'm starting to wonder how to use it in trading. It is like "strength of the instrument" or even "demand for the instrument".

I need to study this.
  • #17,843
  • Oct 19, 2021 3:03am Oct 19, 2021 3:03am
Quoting Froggy
{quote} daily VWPA?
30M but specially smoothed and extended for the future. Here you have to experiment by own sense of risk, etc.
My tests show that it has some influence on setup filtering.
  • #17,844
  • Oct 19, 2021 3:04am Oct 19, 2021 3:04am
Quoting FunkyKoval
{quote} 30M but specially smoothed and extended for the future. Here you have to experiment by own sense of risk, etc. My tests show that it has some influence on setup filtering.

Hi, your digger is fully automated or semi-automated?
  • #17,845
  • Oct 19, 2021 3:11am Oct 19, 2021 3:11am
Quoting eess
{quote} Hi, your digger is fully automated or semi-automated?
he can work as fully-automated and semi-automated.

Always fully automated: opening position and placing planned tp (to get the best out of the situation)
An intelligent trailling stop for each open position runs automatically in the background, unless I indicate otherwise.

Sometimes I correct the planned tp when I notice something interesting on the price chart.
Nevertheless, the last few days I hardly touch anything, just watch.

And of course, I make small adjustments to the algorithms every day. And I hope to discover something all the time
  • #17,846
  • Oct 19, 2021 3:14am Oct 19, 2021 3:14am
Quoting FunkyKoval
{quote} he can work as fully-automated and semi-automated. Always fully automated: opening position and placing planned tp (to get the best out of the situation) An intelligent trailling stop for each open position runs automatically in the background, unless I indicate otherwise. Sometimes I correct the planned tp when I notice something interesting on the price chart. Nevertheless, the last few days I hardly touch anything, just watch. And of course, I make small adjustments to the algorithms every day. And I hope to discover something all the...

For something that is fully-automated to be able to achieve such results is amazing =) The trailing stop you use is not the typical kind of algorithm right? The typical types are fractals, trail by the number of pips, trail by psar etc.
  • #17,847
  • Oct 19, 2021 3:17am Oct 19, 2021 3:17am
Quoting eess
{quote} For something that is fully-automated to be able to achieve such results is amazing =) The trailing stop you use is not the typical kind of algorithm right? The typical types are fractals, trail by the number of pips, trail by psar etc.
because it is a myth that fully automated does not earn ... this myth was created by people who blindly bought EAs and used them blindly.
It is the same as someone blindly copying someone's manual strategy.

Automated can earn as well as Manually, and it can also lose.

The important thing is to do it really consciously
  • #17,848
  • Oct 19, 2021 3:22am Oct 19, 2021 3:22am
Quoting FunkyKoval
{quote} because it is a myth that fully automated does not earn ... this myth was created by people who blindly bought EAs and used them blindly. It is the same as someone blindly copying someone's manual strategy. Automated can earn as well as Manually, and it can also lose. The important thing is to do it really consciously

I am encouraged by your sharing =) Do you do backtesting of your EA and optimization of the input parameters with history data before going live or you just let it run on demo for a period of time before going live?
  • #17,849
  • Oct 19, 2021 3:24am Oct 19, 2021 3:24am
in auto trading, the knowledge of MQL5 and a very deep understanding of how data transmission and retrieval works are most important.

Here, really every detail matters and what seems obvious on the chart is very confusing in MQL5.
Not to mention the different data traps that come from different things.

Every day I pray to discover some error in the algorithms, and each one opens another door to edge trading for me.
  • #17,850
  • Oct 19, 2021 3:28am Oct 19, 2021 3:28am
Quoting eess
{quote} I am encouraged by your sharing =) Do you do backtesting of your EA and optimization of the input parameters with history data before going live or you just let it run on demo for a period of time before going live?
I'm a Datascientist by profession I don't make algorithms the way most people do it on MT5, I don't use the MT5 tester.

There is the big myths about optimization in MT5 community, and its pitfalls. This is a huge topic.
Optimization is generally a trap for people who don't understand it.

I perform a different type of tests, statistical tests, and the main one is the comparison of the system with the random system (I wrote about it few posts above)
  • #17,851
  • Oct 19, 2021 3:30am Oct 19, 2021 3:30am
Quoting FunkyKoval
{quote} I'm a Datascientist by profession I don't make algorithms the way most people do it on MT5, I don't use the MT5 tester. There is the big myths about optimization in MT5 community, and its pitfalls. This is a huge topic. Optimization is generally a trap for people who don't understand it.

Interesting to hear from a DataScientist expert =) If I understand you correctly, you export the data out from the MT5 to another platform to do the statistical tests and analysis? I know of python integration with MQL5 which can do this, but haven't try this in such depth before.
  • #17,852
  • Oct 19, 2021 3:36am Oct 19, 2021 3:36am
Quoting FunkyKoval
morning Digger works 24 hours a day, today it has a nice output {image} from more interesting setups {image}{image}{image}
Hello FunkyKoval. Its feels very great when we see a Trader & Coder getting Successful in his Experiments and Hard work.
Can you Share some Knowledge mainly about the TREND. What things do you mainly consider to know about the Trend.

Wish you more Positive Results and Green Pips.

Thanks & Regards
  • #17,853
  • Oct 19, 2021 3:37am Oct 19, 2021 3:37am
Quoting eess
{quote} Interesting to hear from a DataScientist expert =) If I understand you correctly, you export the data out from the MT5 to another platform to do the statistical tests and analysis? I know of python integration with MQL5 which can do this, but haven't try this in such depth before.
I do it in different ways depending on what I want to check.

However, I mainly try to navigate within the MQL5 language capabilities, there are a lot of libraries in the community, and if there is lack of something, I am writing a new class and algo in MQL5 - this just fun for me

You always have to remember that no matter what test we carry out, we always only look at a part of the cosmos of data behavior (whatever that means)
We only increase the probability with various stochastic tests, but it will never be 100% sure.
  • #17,854
  • Oct 19, 2021 3:47am Oct 19, 2021 3:47am
Quoting FunkyKoval
{quote} I do it in different ways depending on what I want to check. However, I mainly try to navigate within the MQL5 language capabilities, there are a lot of libraries in the community, and if there is lack of something, I am writing a new class and algo in MQL5 - this just fun for me You always have to remember that no matter what test we carry out, we always only look at a part of the cosmos of data behavior (whatever that means) We only increase the probability with various stochastic tests, but it will never be 100% sure.

I think I understand what you are trying to express, if my interpretation is correct, the gist in your development is in the statistical tests you carried out on the data. It is interesting to learn what you have shared with me. Thank a lot for your sharing. By any chance, when you mentioned statistical tests, you don't mean machine learning or artificial intelligence right?
  • #17,855
  • Oct 19, 2021 3:47am Oct 19, 2021 3:47am
Quoting lucky1359
{quote} Hello FunkyKoval. Its feels very great when we see a Trader & Coder getting Successful in his Experiments and Hard work. Can you Share some Knowledge mainly about the TREND. What things do you mainly consider to know about the Trend. Wish you more Positive Results and Green Pips. Thanks & Regards
hello thanks, so much thinking, work and time, many failures and doubts.
This version of Digger seems pretty cool, but I always insist that you have to be vigilant because we can't predict and come up with everything.

We always miss something - this is the nature of the cosmos, and so is all science.


Trend = position direction = set by the type of setup.
In the case of long I have described here https://www.forexfactory.com/thread/...4#post13747654
In the case of short it will be the opposite way.

also I wish you only positive results
  • #17,856
  • Edited 4:36am Oct 19, 2021 4:10am | Edited 4:36am
Quoting eess
{quote} I think I understand what you are trying to express, if my interpretation is correct, the gist in your development is in the statistical tests you carried out on the data. It is interesting to learn what you have shared with me. Thank a lot for your sharing. By any chance, when you mentioned statistical tests, you don't mean machine learning or artificial intelligence right?
it's very difficult to explain and describe 30 years of experience but sometimes I smuggle some hints, e.g. this one is toss and coin - maybe you managed to read and do your own test (https://www.forexfactory.com/thread/...6#post13748656)

As for AI and ML, I create and deal with such models on a daily basis. And this is also another myth AI and ML are nothing more than "better" optimization and adjustment of the model to the data and without knowledge of mechanics and physics the price gives nothing.
  • #17,857
  • Oct 19, 2021 4:35am Oct 19, 2021 4:35am
good morning
What I read is very interesting.
I will post some more later.
  • #17,858
  • Edited 5:01am Oct 19, 2021 4:36am | Edited 5:01am
Quoting FunkyKoval
{quote} it's very difficult to explain and describe 30 years of experience but sometimes I smuggle some hits, e.g. this one is toss and coin - maybe you managed to read and do your own test (https://www.forexfactory.com/thread/...6#post13748656) As for AI and ML, I create and deal with such models on a daily basis. And this is also another myth AI and ML are nothing more than "better" optimization and adjustment of the model to the data and without knowledge of mechanics and physics the price gives nothing....

I have done machine learning before, i.e. neural network and stuff, not with financial data, but in digital communication. With forex the concepts should be similar, just that I'm too lazy to try out these stuff. Anyway thanks for your sharing, and yes I understand the difficulties in explaining the concepts, no worries. Hope your EA will work better each day and earn lots of pips =)
  • #17,859
  • Oct 19, 2021 4:37am Oct 19, 2021 4:37am
EURUSD

on the side
does anyone have an eye on the EURUSD
There is no better signal to trade
Attached Image (click to enlarge)
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  • #17,860
  • Oct 19, 2021 4:41am Oct 19, 2021 4:41am
Quoting kette
EURUSD on the side does anyone have an eye on the EURUSD There is no better signal to trade {image}
I have the same, Digger on few timeframe shows long setups for ex H4

Attached Image (click to enlarge)
Click to Enlarge Name: f85cd3b02778b46a43109a2e11453b5b.png Size: 58 KB
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