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Trading PlanetX & Oscillators

  • #241
  • Mar 20, 2022 2:27am Mar 20, 2022 2:27am
Quoting dokopy
{quote} The backtest does not work.
It's not back-testable in Strategy Tester. If you understood how it works then you'd know why.
  • #242
  • Mar 20, 2022 3:15am Mar 20, 2022 3:15am
I decided to ignore the other Thread, since I couldnt deal with BestTraderEV personality, but I anyway would like to say...

This is turning to be one of the most interesting/unique Threads I have seen on here, thanks to parisboy for sharing his different way of looking at the Market and thanks to robots4me for being an amazing coder.

I am going to use it along side my normal trading and will share my experience with it
  • #243
  • Mar 20, 2022 4:56am Mar 20, 2022 4:56am
Quoting makenas
{quote} the question is,was the tp as parisboy shows met? if so thats all matter and you look for another settup. That is all i should consider
I agree, and that's why I ask for clarification.
To me it matters that I fully understand.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #244
  • Mar 20, 2022 5:03am Mar 20, 2022 5:03am
Quoting FundedCoffee
I decided to ignore the other Thread, since I couldnt deal with BestTraderEV personality, but I anyway would like to say... This is turning to be one of the most interesting/unique Threads I have seen on here, thanks to parisboy for sharing his different way of looking at the Market and thanks to robots4me for being an amazing coder. I am going to use it along side my normal trading and will share my experience with it
C'mon, dude! Don't be a cry-baby! The market does not give a Sh.. about our feelings! Take it like a grown-up! I'm not here to like or dislike anybody. I'm here to see if I can give any of my own inputs.
In my career I have dealt with MA's and I know how they work.
It is all about when to pull the trigger, and the MA's are only MA's, you see one thing at the given moment, and at the next moment you see a different thing. That's why I'm asking all those questions, because traders see what they want to see and draw false, post hoc conclusions which prove to be BS in real-time trading.
So, at one monent you see a setup of MA's for a short trade, and you don't see the "false" Double Top.
You only see it after the fact, later on, maybe just a candle later, but still, you are in a losing trade.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #245
  • Edited 5:34am Mar 20, 2022 5:13am | Edited 5:34am
I have ignored the world expert in Double Tops and Andrew Forks and I suspect many others subjects relative to Trading and Technical Analysis.

As I get older I become more and more intolerant

I transferred him into the Category : suspected bullshitter and troublemaker
  • #246
  • Mar 20, 2022 5:17am Mar 20, 2022 5:17am
Look at the attached image!
I don't need anything else than the chart, here, in order to take this trade.
The SL must be there, taking spread into account, of course.
The pattern and the signal to look for the Entry Price is on the v-line.
The TP is guestimated by typical retest levels.
Now I just need to Enter at such a price, that my RR is better than 1.
So, what is the purpose of making trading more difficult than it needs to be?
Attached Image (click to enlarge)
Click to Enlarge Name: attachment.png Size: 195 KB
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #247
  • Mar 20, 2022 5:22am Mar 20, 2022 5:22am
Quoting BestTraderEv
{quote} C'mon, dude! Don't be a cry-baby! The market does not give a Sh.. about our feelings! Take it like a grown-up! I'm not here to like or dislike anybody. I'm here to see if I can give any of my own inputs. In my career I have dealt with MA's and I know how they work. It is all about when to pull the trigger, and the MA's are only MA's, you see one thing at the given moment, and at the next moment you see a different thing. That's why I'm asking all those questions, because traders see what they want to see and draw false, post hoc conclusions...
I am not sure what you are getting at, but the only thing I said is that I cant deal with your personality well so I choose not to get into discussions/conversations with you.

You have a strong opinion about things and that's fine, I prefer to have a mind of a child and try everything out I get my hands on and interests me.

I don't care what you are posting here or in any other thread and haven't mentioned anything about it in my previous post either.
  • #248
  • Mar 20, 2022 5:25am Mar 20, 2022 5:25am
Quoting parisboy
I have ignored the world expert in Double Tops and Andrew Forks and I suspect many others subjects relative to Trading and Technical Analysis. As I get older I become more and more intolerant
I am sorry to read this...
Myself, on the contrary, I get more and more tolerant as I get older.
You have refused to answer my questions, and you have chosen to ignore me.
How can anybody trust you as an expert?
If you are an expert in what you present, you should have no problem with answering my questions.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #249
  • Mar 20, 2022 6:05am Mar 20, 2022 6:05am
Quoting robots4me
Below I describe one way to trade Focal Points -- there are others that include Double Tops / Bottoms which I plan to add later on. This is the simple version and appears to be very accurate. {image} Bearish Setup: FP1 -- Focal Point #1 FP2 -- Focal Point #2 High -- Highest price between FP1 and FP2 Target #1 -- guesstimated target price. IMPORTANT: Look carefully -- FP2 lies halfway between the High and Target #1. That's the freak'n algorithm. Is that too complex for anyone? If you can subtract two numbers in your head then you don't even need...
I notice the following:
1. Your focal points seem to be in strange places, not the same as presented by @parisboy.
2. Your MA's are not plotted back-shifted, as presented by @parisboy.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #250
  • Mar 20, 2022 6:10am Mar 20, 2022 6:10am
Sir, any one can add email alert AND push notification for this indicator

rules
if only M1 to H4 .(avoid D1,W1, MN) JPY in Lowest ,, alert SELL ALL JPY

if only M1 to H4 .(avoid D1,W1, MN) JPY in Highest ,, alert BUY ALL JPY

this is strength index indicator for basket trading
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-03-16 200437.png Size: 20 KB
Attached File(s)
File Type: mq4 MTF index.mq4   28 KB | 360 downloads
  • #251
  • Mar 20, 2022 6:17am Mar 20, 2022 6:17am
Quoting jega2007
Sir, any one can add email alert AND push notification for this indicator rules if only M1 to H4 .(avoid D1,W1, MN) JPY in Lowest ,, alert SELL ALL JPY if only M1 to H4 .(avoid D1,W1, MN) JPY in Highest ,, alert BUY ALL JPY this is strength index indicator for basket trading {file} {image}
stop spamming it in every thread.

https://www.forexfactory.com/thread/...8#post13938828

thats where you post that kind of requests you are on this forum for 6 years already, you should know by now.
  • #252
  • Mar 20, 2022 6:32am Mar 20, 2022 6:32am
@r4m
We should see this, right?
Attached Image (click to enlarge)
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.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #253
  • Mar 20, 2022 7:33am Mar 20, 2022 7:33am
Quoting BestTraderEv
{quote} I notice the following: 1. Your focal points seem to be in strange places, not the same as presented by @parisboy. 2. Your MA's are not plotted back-shifted, as presented by @parisboy.
Yes they are and you could easily check that using MT4's built-in Moving Average. Rather than leaving gaps at the end of the back-shifted SMAs I filled-in the rest of the lines by continuing their slopes. And I posted that awhile back when @parisboy asked about it.

I'm growing weary of this. It's clear now that you are unwilling to take the time to understand the basis of this strategy. Maybe you should start your own thread dedicated to proving you know best.
  • #254
  • Mar 20, 2022 7:39am Mar 20, 2022 7:39am
Quoting BestTraderEv
@r4m We should see this, right? {image}
Until you can demonstrate you understand how Focal Points work I'm not going to respond to your posts. You're treating this as if @parisboy just pulled it out of his ass this week and it's your job to vet it. The rest of us are interested in learning more about Focal Points and how they've been applied to financial instruments. And if we succeed then we have another tool we can add it to our toolbox. You don't have a toolbox. All you have is a screw driver and you use it for everything. I've lost patience...

BTW -- to be clear -- I would never Ignore you (I don't think). You were a great asset in the other thread. But here you've become a waste of my time...
  • #255
  • Edited 8:24am Mar 20, 2022 8:10am | Edited 8:24am
@robots4me It seems to me that the Channels are playing also key role in the decision making of wether a trade should be taken or not shown by parisboy and moeinyzz.

It looks like that the current high + low is taken , but with the main focus of taking the whatever MA is in the midpoint of high and low.

If it can be coded is the question that you have to answer, I dont know anything about coding.

It seemed like the main focus so far were mainly put on the FP (which obviously plays the major role here) but if we (you) can find a consistent way of adding the Channel in the equasion I believe it would be another strong asset to take trades with.
  • #256
  • Mar 20, 2022 8:44am Mar 20, 2022 8:44am
Quoting robots4me
{quote} Yes they are and you could easily check that using MT4's built-in Moving Average. Rather than leaving gaps at the end of the back-shifted SMAs I filled-in the rest of the lines by continuing their slopes. And I posted that awhile back when @parisboy asked about it. I'm growing weary of this. It's clear now that you are unwilling to take the time to understand the basis of this strategy. Maybe you should start your own thread dedicated to proving you know best.
I already have in Trading Journals.
I also have created an indicator of mine plotting 10 fully customizable averages, set by default to @parisboy settings.
Would you like me to post it, or you don't want my cooperation any more?
Those gaps, as you call them, are pretty important to the whole picture and the method, as I can see.
That's how the equidistant channels are being plotted.
And, we could, eventually, make the indicator do all those things, plot focal points and the channels.
Attached Image (click to enlarge)
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.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #257
  • Mar 20, 2022 8:57am Mar 20, 2022 8:57am
And, if the whole focal points theory is correct, then I can show you something, if the ratio is 1:1.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.jpg Size: 278 KB
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #258
  • Mar 20, 2022 9:12am Mar 20, 2022 9:12am
What else?
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.jpg Size: 264 KB
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
  • #259
  • Mar 20, 2022 9:18am Mar 20, 2022 9:18am
Quoting BestTraderEv
And, if the whole focal points theory is correct, then I can show you something, if the ratio is 1:1. {image}
It was developed over 60 years ago by engineers working at the Jet Propulsion Laboratory -- initially for guided missiles systems and then adapted to financial markets. It is not up to you to decide whether it is correct -- that has already been decided and documented. How many guided missile systems have you designed and who are you to appoint yourself judge and jury over a theory that not only you don't understand, you aren't even willing to put in 10 minutes to grasp its most basic concepts.

I don't care what you, @BestTraderEv thinks about the theory and I don't think anyone else does either. @parisboy and others have been trading it for years. I was also interested in learning it and seeing if I could develop supporting software. But I'm tired battling with you -- I have other trading projects to keep me content and busy. I've lost interest...
  • #260
  • Mar 20, 2022 9:20am Mar 20, 2022 9:20am
Now, let's make our edge better:
Let's use the Double Top pattern and the PlanetX confirmation signal as the Entry Signal, and let's use RR = 1.618.
Is the TP at the calculated Focal Point TP level?
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.jpg Size: 334 KB
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
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