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  • #61
  • Nov 8, 2022 8:15am Nov 8, 2022 8:15am
the original prediction on saturday
Attached Image (click to enlarge)
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the expected move on monday tuesday

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and the final result
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i will upload also the positions i took coz it is one thing to know and another thing to act on the stuff you know...

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keep in mind guys i am not some kind of expert neither i claim to be, i am just a simple trader.

i will do some backtests as well and i believe with @candyman752 can create something amazing.... (hopefully we will get future updates ahahahahaha)


as final thoughts for candyman752

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we have our OB order block we have the very important candle (FU), the fu takes a candle that it is NOT doji inside on OB and wick little below the OB = the banks are ok to move the price away to kill everybody that were on sell , i can go in detail why the wick happen etc but this is not coaching, the important is if we will be able to map the OB of 4 HR and 1 HR, i have 1 indicator that does this (i don't have the code though), it is called namorder block (https://www.mql5.com/en/market/produ...%3aorder+block)

also it has a feature which you can use a candle that you want as orderblock (maybe we can have the tool semi automatic - like if someone wants he choose his ob) and hit start along with the ones that the EA might identify coz each broker is slightly different and the candles are not the same.

also in your backtest did you use the default settings?
  • #62
  • Nov 8, 2022 10:33am Nov 8, 2022 10:33am
ORDERBLOCKS 18 scripts

https://www.tradingview.com/scripts/orderblocks/
  • #63
  • Nov 8, 2022 10:38am Nov 8, 2022 10:38am
Quoting dimjim77
the original prediction on saturday {image}the expected move on monday tuesday {image} and the final result {image} i will upload also the positions i took coz it is one thing to know and another thing to act on the stuff you know... {image} keep in mind guys i am not some kind of expert neither i claim to be, i am just a simple trader. i will do some backtests as well and i believe with @candyman752 can create something amazing.... (hopefully we will get future updates ahahahahaha) as final thoughts for candyman752 {image}we have our OB order block...
https://www.forexfactory.com/thread/...1#post14202601
  • #64
  • Nov 8, 2022 11:18am Nov 8, 2022 11:18am
Quoting wens
ORDERBLOCKS 18 scripts https://www.tradingview.com/scripts/orderblocks/
thanks
  • #65
  • Nov 9, 2022 10:40pm Nov 9, 2022 10:40pm
Here is the next video that i have used to draw Order block.
Inserted Video


Also learnt that there two things only that move price
1 imbalance
2 liquidity
  • #66
  • Nov 10, 2022 1:45am Nov 10, 2022 1:45am
Quoting candyman752
Here is the next video that i have used to draw Order block. https://www.youtube.com/watch?v=XpvO...ist=LL&index=3 Also learnt that there two things only that move price 1 imbalance 2 liquidity


strange enough this is exactly what i am talking about, liquidity and imbalance.
if you re read my stuff i say: where we are? does it have above or below liquidity or imbalance? (so we know where the price will go)
and there are 2 types of imb
1) the body of the candle (which everybody know)
2) one side of the candle to not have a wick at all (few people know): usually after 4-5 of those candles spread out (so we might have like 10-18 candles and 5 of those to be like that) the price will return or will have a huge spike to fill the imb.

now in terms of OB he is wrong and right now SMC is like retail trading.
but in the orderblock i agree that
a) is the last candle before an up move or down move - it doesn't matter the color of the candle
b) ideally you want the next candle (the candle that the move is happening to be 2-3 times bigger than the orderblock)

Attached Image (click to enlarge)
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you can disregard effectivelly whatever he said on OB, i trade almost exclusively gold my guys we trade gold with 2-7 pips SL and 10-100 lots.

in the image first the candle that he chose as OB is not 100% correct, i mean it is a block of orders but it wont hold the next candle doesn't have wick (so obvious imb that price will come there, but if you look at the beggining of the up move again next candle is with imb, the price will go there.

now what will happen is price will hit OB (if you call it that!) it will go up 1 candle or so and return down to pass the OB.

so the correct choose of OB can make the difference also to know what OB will not be correct so to know what to do with them is a key factor.

he said at the end that a candle if wick 50% of OB is wrong and invalid... NO this is what we want to take an ob from 50% or so or a small wick below or above OB.

***** another important factor a lot of people think (99.9999%) that lets say price return to an OB and then skyrock that this OB is clean or is used or the banks closed their orders (lol how the know? do they work in a bank?) so if that is the case then it shouldn't exist an OB below an OB, en example is lets say on 1700 we have an orderblock and price is 1710 and then price return to 1700 and skyrocket, then that means we cannot have an OB on 1680 because banks have already close their orders?)
NO an orderblock is an AREA a ZONE with a lot of orders (usually on the opposite side of the market)...



something veryyyyy important. liquidity move the price BUT you will have liquidity on both sides thats why we use OB to see which side liquidity will target.
obviously it can be way more advance than that.

so the swing highs the screenshot that i gave with lines to identify essentially doji candles that havent been taken (this is 1 form of liquidity to target)
imb (another form of liquidity to target).

fu candle and fu retest (especially if it is inside an OB).
  • #67
  • Nov 10, 2022 9:37am Nov 10, 2022 9:37am
hello i download the indicator and the EA, thanks for your work but man it is tooo complicated, for example you have
candles of ether side of swing high Low, well you don't know how in how many candles you will have it, for example 1 swing high might be 5 candles and the next candle hugeeeeeee drop and then retrace and skyrocket.
i mean you don't know in how many candles or when the swing high or low will be created so the ea and indi should identify it or identify multiple swing highs and swing lows.

also we have some var stuff, i couldnt make it work at all, but honestly if it cannot identify the swing high or low on each own the someone need to go each time and change the value coz its not like it is predetermined, maybe we have a high 200 candles before... and example might be if usdjpy start droping to the original levels, it was trading sooo up so the bottom OB are way back in time.
  • #68
  • Nov 15, 2022 2:03am Nov 15, 2022 2:03am
Quoting candyman752
Alright fellow traders. I think those who know how to do optimization tests will love this{image}I have put in a code where price goes in to Higher (Big) Time Frame Order Block. And then while in the Higher Big Time frame Order Block waits for confirmation on smaller time frame. Look in the above image. The code is flexible to allow you to input which time frame , swing peak Number and how many shoulder of candles you want at a peak swing. This so you can go in the strategy tester and find which variables suit you. The beauty of this is it works...
Something is off- it's opening 1K trades in a day and dying out on a xasusd-h1.
Maybe I'm missing something.
  • #69
  • Nov 16, 2022 2:10am Nov 16, 2022 2:10am
My appologies fellow trader's. The order block code has bug's . I am tying to trouble shoot and clear them.
  • #70
  • Nov 16, 2022 11:28pm Nov 16, 2022 11:28pm
While I am cleaning out the bugs just thought to throw this out there. In the below image ,
The EA has drawn an order block. Is it ok on scale of 1 to ten
Attached Image (click to enlarge)
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  • #71
  • Nov 17, 2022 2:42am Nov 17, 2022 2:42am
Quoting candyman752
While I am cleaning out the bugs just thought to throw this out there. In the below image , The EA has drawn an order block. Is it ok on scale of 1 to ten{image}
awesome job can't wait to test it
  • #72
  • Nov 17, 2022 9:37am Nov 17, 2022 9:37am
I present you Smart Money Concepts EA. Fellow traders play around with the input variables i have made available.
I did a few tests using gold and it had good results on certain combinations. Note Order Blocks are divided in two categories.
Earlier posts has video of an explanation of order block by Ann . So that is one type of order block. The order block is the one usually described as the first bull candle before the impulse move down,. Bearish order block.
Attached File(s)
File Type: mq5 SMC_Tester.mq5   175 KB | 749 downloads
I believe this is my finest piece of work of all EA's I have done. This is because of the complexity involved in coding an Order block and tying it together with
swing (Peak) highs and lows. Also I believe it will not just be successful on only one type of pair but all.
It will really bless my heart to hear from all those who help in trying to come up with powerful combinations
  • #73
  • Nov 17, 2022 9:46am Nov 17, 2022 9:46am
When you open strategy tester the input variable will look like this
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In the image above, I am currently testing the two order block options. So it is testing to to see If you just have Big time frame(H1) using only Ann Order Block, Then it will test to using Ann order block on Big Time frame(H1) with SMC order block being on tiny time frame(5M). There is like 250 options for it to play around. There after I will test different time frames Big H1 H2 H3 H4 H6H8 Tiny time frame M5 M10 M15 M20.
There after test the Take profit and stop loss. This is time consuming could take minimum 2 weeks
  • #74
  • Nov 17, 2022 9:49am Nov 17, 2022 9:49am
Here is a sample of results while testing what i mentioned above. This is for gold start from august 2021
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  • #75
  • Nov 18, 2022 7:48am Nov 18, 2022 7:48am
Quoting candyman752
I present you Smart Money Concepts EA. Fellow traders play around with the input variables i have made available. I did a few tests using gold and it had good results on certain combinations. Note Order Blocks are divided in two categories. Earlier posts has video of an explanation of order block by Ann . So that is one type of order block. The order block is the one usually described as the first bull candle before the impulse move down,. Bearish order block.{file}I believe this is my finest piece of work of all EA's I have done. This is because...


i am not sure i understand the 2 concepts that you have code in the ob. but if you followed along in the stuff i am posting this is the exact scenario we are into right now, not all OB are the same and if you can identify what it is you will be able to see the next move.

H1
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H4
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ps. never EVER EVER EVER trust an orderblock that start as doji, i told EXACTLY in previous messages what will happen.... now it is just a matter of liquidity if exist to target, and trail the profits

and if you know what will happen you know how to take it into your advantage.

pps. OB Super important to be h1 h4 etc...

ppps. i am fun of OB on lower time frames as long as there are inside on an OB of a bigger Time frame (this alone tip can cost thousands)....
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  • #76
  • Nov 21, 2022 10:41am Nov 21, 2022 10:41am
hey guys i got some requests to update here since i show the tread in some friends.

anyways in friday i had mark the trades and the zone which the ones who follow along will know what i am talking about, and i left on the weekend around 1800$ on open positions and i had took some partials (around 3-4K )

so the prediction was this
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and the price moved as we said above based on the analysis and further confirmation like more liquidity below, open with gap, OB started as doji (many more confluence
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hopefully you get an idea on why the ea need to take into consideration few things in order to be successfull and by far the best EA that exist.
if candyman can do it he wont need to sell it or worry about money ever again.....
  • #77
  • Nov 23, 2022 12:11am Nov 23, 2022 12:11am
Dimjim appologies on delay to respond. I am site supervisor on construction site. So when I am rested and have free time i get to work on the EA.
From your posts i went back to check the code for Order blocks. I found it still had bugs. Thats the thing about coding you need more than one head working on it. Others counter checking.
I have done a script which draws Peak High and Low . Also draws order blocks as read by the EA
Attached File(s)
File Type: mq5 PeakFinderAnnOB.mq5   70 KB | 759 downloads
Attached File(s)
File Type: mq5 PeakFinderSMCOB.mq5   70 KB | 711 downloads
Peak High Red
Peak Low White
Bull Order Block Sky Blue
Bear Order Block Lawn Green.

Throw the script on the chart and let me know if the order blocks it is drawing are acceptable. Thereafter now I will be looking to capture your strategy. We are trying to get the tools together that will capture the strategy you have presented.
  • #78
  • Nov 24, 2022 1:23pm Nov 24, 2022 1:23pm
Quoting candyman752
Dimjim appologies on delay to respond. I am site supervisor on construction site. So when I am rested and have free time i get to work on the EA. From your posts i went back to check the code for Order blocks. I found it still had bugs. Thats the thing about coding you need more than one head working on it. Others counter checking. I have done a script which draws Peak High and Low . Also draws order blocks as read by the EA{file}{file} Peak High Red Peak Low White Bull Order Block Sky Blue Bear Order Block Lawn Green. Throw the script on the chart...


hello i have shoot a video explaining almost everything

Inserted Video


Attached File(s)
File Type: ex5 MMB_SFU_v1.ex5   8 KB | 529 downloads
  • #79
  • Nov 27, 2022 1:32am Nov 27, 2022 1:32am
Quoting candyman752
Dimjim appologies on delay to respond. I am site supervisor on construction site. So when I am rested and have free time i get to work on the EA. From your posts i went back to check the code for Order blocks. I found it still had bugs. Thats the thing about coding you need more than one head working on it. Others counter checking. I have done a script which draws Peak High and Low . Also draws order blocks as read by the EA{file}{file} Peak High Red Peak Low White Bull Order Block Sky Blue Bear Order Block Lawn Green. Throw the script on the chart...
Was going through the Order Block scripts and found bugs. The good thing now is I have a visual of the order blocks making it easier to spot the bugs.
Here is cleared bug scripts
Attached File(s)
File Type: mq5 PeakFinderAnnOB.mq5   69 KB | 667 downloads
File Type: mq5 PeakFinderSMCOB.mq5   79 KB | 702 downloads
  • #80
  • Nov 27, 2022 2:17am Nov 27, 2022 2:17am
Quoting dimjim77
{quote} hello i have shoot a video explaining almost everything https://youtu.be/9bWumOAA48k {file}
You were correct to say in the video that there was no difference between the two Peakfinder SMC and ann I had posted earlier because of copy paste. Otherwise the latest files are well polished. I have gone through the video. imbalance 2 , where you say a candle has no wick. trying to understand. In the video are explaining your strategy or explaining SMC
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