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ZigZag 3 Windows

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  • Post #561
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  • May 20, 2022 1:05pm May 20, 2022 1:05pm
  •  gerval
  • | Joined May 2020 | Status: Member | 198 Posts
We can try to see how it works

You can open a new thread and thus different ideas are not mixed in the current one.
 
 
  • Post #562
  • Quote
  • May 20, 2022 1:17pm May 20, 2022 1:17pm
  •  pollylin576
  • | Joined Apr 2019 | Status: Member | 15 Posts
Quoting P.Action
Disliked
here is method and rules. we have 28 pairs we find maximum percentage bar and currency. minimum percentage bar an currency. which one is bigger we use that. example maximum percentage bar +%0.30 audusd minimum percentage bar -%0.27 gbpcad we use audusd. example maximum percentage bar +%0.42 eurusd minimum percentage bar -%0.45 gbpnzd we use gbpnzd. we enter trade new bar open. we enter stop loss first bar length/5 and tp 4 times so rr is 1:4 and we do nothing. we use thi method volatility times. example london session.
Ignored

Thanks for the idea. What do you mean find a minimum percentage bar? If they are minimum, they cannot compare which one is bigger one another. Are you referring to Bear bar for minimum; bull bar for maximum? We look for H1 tf for 28 pairs, and EA opens one trade for bigger bar pair hourly? For SL, does bar length/5 include wick or just a bar body size?

example maximum percentage bar +%0.42 eurusd minimum percentage bar -%0.45 gbpnzd we use gbpnzd.
 
 
  • Post #563
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  • May 20, 2022 1:19pm May 20, 2022 1:19pm
  •  Tiroler
  • Joined Dec 2021 | Status: Member | 72 Posts
Quoting gerval
Disliked
Very clear the examples that you put yesterday P.Action, without a doubt the correlation that you use is very positive. The way of placing the positions in a massive grid type is curious, but come on, if you win more times than you lose, with a good path in profits and inflection points... it is a winning strategy.
Ignored
It's not a winning strategy, it's Casino!

Let's assume you open your securities account today and start trading with this strategy. You open your positions in AUD USD as before (See post 549), hoping to make a profit. Now you see that it runs against you. You get nervous but hope that the price will turn, you will not close. Very many traders have a problem with closing their positions in the negative. They hope for a reversal, according to the motto hope dies last. It is not a good strategy if it does not include a stop loss.

I can not subscribe to this kind of trading, as it shows P.Action here, and warn everyone to imitate this! Especially if you are a beginner, you should avoid this kind of trading.
 
 
  • Post #564
  • Quote
  • May 20, 2022 1:25pm May 20, 2022 1:25pm
  •  P.Action
  • Joined Nov 2012 | Status: Member | 1,444 Posts
Quoting pollylin576
Disliked
{quote} Thanks for the idea. What do you mean find a minimum percentage bar? If they are minimum, they cannot compare which one is bigger one another. Are you referring to Bear bar for minimum; bull bar for maximum? We look for H1 tf for 28 pairs, and EA opens one trade for bigger bar pair hourly? example maximum percentage bar +%0.42 eurusd minimum percentage bar -%0.45 gbpnzd we use gbpnzd.
Ignored
absolute value my friend.

we find bigger move it is not importan up or down movement.
 
 
  • Post #565
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  • May 20, 2022 1:32pm May 20, 2022 1:32pm
  •  P.Action
  • Joined Nov 2012 | Status: Member | 1,444 Posts
Quoting Tiroler
Disliked
{quote} It's not a winning strategy, it's Casino! Let's assume you open your securities account today and start trading with this strategy. You open your positions in AUD USD as before (See post 549), hoping to make a profit. Now you see that it runs against you. You get nervous but hope that the price will turn, you will not close. Very many traders have a problem with closing their positions in the negative. They hope for a reversal, according to the motto hope dies last. It is not a good strategy if it does not include a stop loss. I can not...
Ignored
you are right too. I can't wait for everyone to participate. Everyone should go with their own method.

i saw my fault at audusd.

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  • Post #566
  • Quote
  • May 20, 2022 1:34pm May 20, 2022 1:34pm
  •  P.Action
  • Joined Nov 2012 | Status: Member | 1,444 Posts
By the way, I would like to point out with all my transparency that when you win over and over again, you always feel like you will win all the time. I guess it's because we're human. nobody is perfect.
 
2
  • Post #567
  • Quote
  • Edited 2:00pm May 20, 2022 1:46pm | Edited 2:00pm
  •  pollylin576
  • | Joined Apr 2019 | Status: Member | 15 Posts
Quoting P.Action
Disliked
{quote} absolute value my friend. we find bigger move it is not importan up or down movement.
Ignored
To set a rule and formula for EA to find a bigger bar among 28 pairs H1,
For example
GBPJPY 22 pips
EURUSD 12 pips
AUDUSD 15 pips

GBPJPY is the biggest bar, and how we calculate maximum minimum percentage bar for EA, I mean compare to what to get + or - percentage movement.

Or do you mean to compare movement with two previous bars bar(1) and bar(2) of the same pair to get a movement percentage, and find the highest percentage among 28 pairs?

Thanks
 
 
  • Post #568
  • Quote
  • May 20, 2022 1:49pm May 20, 2022 1:49pm
  •  Tiroler
  • Joined Dec 2021 | Status: Member | 72 Posts
Quoting P.Action
Disliked
By the way, I would like to point out with all my transparency that when you win over and over again, you always feel like you will win all the time. I guess it's because we're human. nobody is perfect.
Ignored
My post has nothing to do with you personally! I just wanted to warn one or the other here to trade something like this without perhaps having a plan of what you are doing.
 
 
  • Post #569
  • Quote
  • May 20, 2022 1:57pm May 20, 2022 1:57pm
  •  P.Action
  • Joined Nov 2012 | Status: Member | 1,444 Posts
Quoting pollylin576
Disliked
{quote} To set a rule and formula for EA to find a bigger bar among 28 pairs H1, For example GBPJPY 22 pips EURUSD 12 pips AUDUSD 15 pips GBPJPY is the biggest bar, and how we calculate maximum minimum percentage bar for EA, I mean compare to what to get + or - percentage movement. Thanks
Ignored
It is not maximum. You calculate "(close-open)/open"
Pip value is not important audusd 7 pips nearly same 11 pips eurusd.
 
 
  • Post #570
  • Quote
  • May 20, 2022 2:00pm May 20, 2022 2:00pm
  •  P.Action
  • Joined Nov 2012 | Status: Member | 1,444 Posts
Quoting Tiroler
Disliked
{quote} My post has nothing to do with you personally! I just wanted to warn one or the other here to trade something like this without perhaps having a plan of what you are doing.
Ignored
You are wellcome my friend. No problem.
 
 
  • Post #571
  • Quote
  • May 20, 2022 2:07pm May 20, 2022 2:07pm
  •  pollylin576
  • | Joined Apr 2019 | Status: Member | 15 Posts
Quoting P.Action
Disliked
{quote} It is not maximum. You calculate "(close-open)/open" Pip value is not important audusd 7 pips nearly same 11 pips eurusd.
Ignored
That's clear and makes sense.
 
 
  • Post #572
  • Quote
  • May 20, 2022 3:19pm May 20, 2022 3:19pm
  •  gerval
  • | Joined May 2020 | Status: Member | 198 Posts
You could use a percentage of the average of the values of the previous day, of several days, of 100, 200 candles, etc, to have a large objective data with respect to a period of time. The values of this form would be updated in times of high/low voltatility by itself, in addition to being values applied to each currency.
 
 
  • Post #573
  • Quote
  • May 20, 2022 4:05pm May 20, 2022 4:05pm
  •  P.Action
  • Joined Nov 2012 | Status: Member | 1,444 Posts
Quoting gerval
Disliked
You could use a percentage of the average of the values of the previous day, of several days, of 100, 200 candles, etc, to have a large objective data with respect to a period of time. The values of this form would be updated in times of high/low voltatility by itself, in addition to being values applied to each currency.
Ignored
maybe this calculation help us. avarage+1 standart deviation can be limited.
 
 
  • Post #574
  • Quote
  • May 20, 2022 4:24pm May 20, 2022 4:24pm
  •  P.Action
  • Joined Nov 2012 | Status: Member | 1,444 Posts
Quoting P.Action
Disliked
{quote} maybe this calculation help us. avarage+1 standart deviation can be limited.
Ignored
here is example. i did this for 1 day london session. for this example we add 1 case so we have 2 cases. if statement can be used. if bar is maximum and if percentage is bigger than this value. enter trade. so maximum bar is smaller then ((avarage+std deviation) dont open trade.

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  • Post #575
  • Quote
  • May 20, 2022 4:29pm May 20, 2022 4:29pm
  •  hundsbua
  • Joined Apr 2007 | Status: Member | 103 Posts
Quoting P.Action
Disliked
{quote} here is example. i did this for 1 day london session. for this example we add 1 case so we have 2 cases. if statement can be used. if bar is maximum and if percentage is bigger than this value. enter trade. so maximum bar is smaller then ((avarage+std deviation) dont open trade. {image}
Ignored
I suggest that calculation in relation to ADR is maybe better. Otherwise high volatile pairs (e.g. GBPJPY) will always be the pairs with highest pip changes
 
 
  • Post #576
  • Quote
  • May 20, 2022 4:36pm May 20, 2022 4:36pm
  •  P.Action
  • Joined Nov 2012 | Status: Member | 1,444 Posts
Quoting hundsbua
Disliked
{quote} I suggest that calculation in relation to ADR is maybe better. Otherwise high volatile pairs (e.g. GBPJPY) will always be the pairs with highest pip changes
Ignored
because of that we dont use pip value. we use percentage.
 
 
  • Post #577
  • Quote
  • May 20, 2022 4:37pm May 20, 2022 4:37pm
  •  gniwre11
  • | Joined May 2022 | Status: Member | 10 Posts
Hello everyone and excuse my English. Returning to the subject of this thread, is anyone still using the original parameters? for example those of samsha 786 that from what I have read 19monza64 adopt?
 
 
  • Post #578
  • Quote
  • Edited 5:45pm May 20, 2022 4:49pm | Edited 5:45pm
  •  hundsbua
  • Joined Apr 2007 | Status: Member | 103 Posts
Quoting P.Action
Disliked
{quote} because of that we dont use pip value. we use percentage.
Ignored
even if you use percentage there is still big difference between different pairs

P.Action: I would recommend to open new threat with this topic, otherwise this nice zigzag threat gets very confusing....
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  • Post #579
  • Quote
  • May 20, 2022 5:08pm May 20, 2022 5:08pm
  •  hundsbua
  • Joined Apr 2007 | Status: Member | 103 Posts
Quoting walidchidmi
Disliked
all errors fixed .. the font size and color and the corner . {image} {image} {image} {image} {file} {file}
Ignored
/qwalidchidmi
may you think you could save the last x sum-values (21 till -21) and draw a graph like this. I think that would be a great help

thank you for your nice work
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2
  • Post #580
  • Quote
  • May 20, 2022 5:46pm May 20, 2022 5:46pm
  •  walidchidmi
  • Joined Jan 2017 | Status: Member | 64 Posts
now i just finish 3 boxes .. we well testet it next week to see how to work and please let me knowof any error..
Attached Image(s) (click to enlarge)
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Name: screenshot (1).png
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Attached File(s)
File Type: tpl ! template_3bar histo.tpl   9 KB | 280 downloads
File Type: ex4 SW.ex4   9 KB | 309 downloads
File Type: ex4 ! dash 3 bar histo.ex4   31 KB | 336 downloads
 
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