Attachments: in search of minimum wage

in search of minimum wage

#201
Aug 31, 2023 5:34pm Aug 31, 2023 5:34pm

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

Quoting hayseed

Disliked

{quote} //----- we all do...... sometimes i reduce it down to just a couple best..... now run the same test, hopefully you coded a expert to do it, but this time take every sell as usual along with selling every buy signal when the 240 and 1440 are both falling...... same lot size but use a comment so you can sort between the normal sell and the sell at the buy signal..... //-----

Ignored

Just trying to make sure I get this right...

does "both falling" == both 89MA falling? I actually coded the above as a script as when I started on the weekend I had no ticks to trigger it, but I will make an EA out of it.
for this test, I plan to run it for a week next week to study the results. Does pair matter if I am choosing all sells, or is it simply to see how the results pan out?
1. only ask because the pairs I pictured have an upward trend about them
Should I set a PT? If so, I may need to code to adjust profit targets for ensuing orders to be 1pip beyond the first order (due to fifo) or find a non-fifo demo account.

#202
Aug 31, 2023 8:42pm Aug 31, 2023 8:42pm

hayseed
Joined Nov 2006 | Status: Trader | 4,417 Posts

Quoting tradeChaser

Disliked

{quote} Just trying to make sure I get this right... does "both falling" == both 89MA falling? only ask because the pairs I pictured have an upward trend about them Should I set a PT? If so, I may need to code the first order (due to fifo) or find a non-fifo demo account.

Ignored

//-----

thought you mentioned using the alma...... if the pairs are in a upward trend, avoid selling those..... test only on pairs you would have without a doubt selected as in a downtrend......

whatever type moving average you test with, take the sells as normal..... in addition, if both the 240 and 1440 moving averages are falling, sell every lower time frame buy signal..... alma, 89, jjma, whatever type your using just use the same type on the lower time frame producing the signals.....

i uploaded a video on this...... if you have a different comment for the sell trades on buy signals, you can sort the trades by normal and reversed...... that video explains it......

don't worry about fifo..... code it as those fifo does not exist..... and if need be, don't worry about opposing trades...... code it as if the no hedge rule did not exist.....

it seems to help me by saving my time, energy and money for the best setups.....

otherwise it's going to be a cold rainy night in georgia.......h

to trade and code, keep both simple... no call to impress....h

#203
Aug 31, 2023 10:50pm Aug 31, 2023 10:50pm

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

Quoting hayseed

Disliked

{quote} //----- thought you mentioned using the alma......

Ignored

The reason I asked about the 89ma is the note below from your initial post speaking about building this dashboard look is that you mentioned placing arrows by the pairs. When you have the Pairs, then the Arrows of say, 89 MA, then data on alma signals,

Quoting hayseed

Disliked

{quote} //----

think of a dashboard with all the pairs listed vertically..

to the right of them, arrows depicting the 5 thru 10080 sma(89) direction....

Ignored

Quoting hayseed

Disliked

{quote} //-----don't worry about fifo..... code it as those fifo does not exist..... and if need be, don't worry about opposing trades...... code it as if the no hedge rule did not exist.....

it seems to help me by saving my time, energy and money for the best setups.....

Ignored

Will get working on this but will be interested to see where I can implement. Turns out even Oanda makes my demo follow FIFO

#204
Sep 1, 2023 12:04am Sep 1, 2023 12:04am

hayseed
Joined Nov 2006 | Status: Trader | 4,417 Posts

Quoting tradeChaser

Disliked

Will get working on this but will be interested to see where I can implement. Turns out even Oanda makes my demo follow FIFO .

Ignored

//-----

you can limit the trades, long only, short only in the testers inputs......

or better, code it with a input allowing buys or sells..... run back test optimized to switch between..... such as ,

extern direction = 0; // 0 buys only..... 1 sells only.....

i have ea's with dozens and dozens of individual trading systems in them..... so system 0 might be macd crossing 0, system 2 might be tsr color change, system 3 might be 50 crossing 200 and on and on..... the main logic of the ea chooses which system might be best at the particular situation and whether to allow long only, short only or both......

the idea is like if all the guppy ma's are well spaced on the 1440 and 10080, overbought and oversold type systems are not allowed...... or if those ma's are all jumbled up, overbought and oversold type systems are allowed...... or a system might work well between 2am and 3pm but die for the low volume asian session.....

by using a input like,

extern system = 0; // 0 macd system, 1 ao system, 3 rsi system, 4 qqe system

you can cycle thru the systems...... in a single collective back test, run every system and sort for the best......

the code for doing such is not that difficult but must be well thought out.......h

to trade and code, keep both simple... no call to impress....h

#205
Sep 1, 2023 1:00pm Sep 1, 2023 1:00pm

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

Quoting hayseed

Disliked

{quote} //----- you can limit the trades, long only, short only in the testers inputs...... or better, code it with a input allowing buys or sells..... run back test optimized to switch between..... such as , extern direction = 0; // 0 buys only..... 1 sells only..... i have ea's with dozens and dozens of individual trading systems in them..... so system 0 might be macd crossing 0, system 2 might be tsr color change, system 3 might be 50 crossing 200 and on and on..... the main logic of the ea chooses which system might be best at the particular...

Ignored

that’s a lot to consider. I’ll probably have to focus on the ALMA only for now.

I know you can tell the Strat Tester to step thru indicators, but will have to look into how to implement to help analyze the best system and when.

for example, if I run a test that steps through strategy types that samples the last year of 1h data…. It may be that trend following worked 40% of the time. Howvwr, that time over the last year was likely in many shorter bursts. On an equity curve this will probably found by the strings of profit vs the strings of drawdown. But I’m not sure how you’d tell the strategy tester to turn off the trend following system mid test as you’d try to in real life.

or maybe I am not fully aware of the strategy tester optimizer lol. Have some learning to do.

#206
Sep 3, 2023 7:48pm Sep 3, 2023 7:48pm

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

Quoting hayseed

Disliked

{quote} //----- we all do...... sometimes i reduce it down to just a couple best..... now run the same test, hopefully you coded a expert to do it, but this time take every sell as usual along with selling every buy signal when the 240 and 1440 are both falling...... same lot size but use a comment so you can sort between the normal sell and the sell at the buy signal..... //----- going to trade nothing but the indices, metals and commodities for a bit..... never traded them on metatrader till today...... trade them/options using etrade almost every...

Ignored

Finally coded it. Ran it through a backtest... Images below. I am not able to see the "Comment" though when I view the report. I started a trade explorer shorting GBPUSD and long EURAUD, just to give me a couple of pairs of forward looking data.

Ran on EURUSD 5min, Long Only. Takes signals on 5min through 240, checking the tf above to take the trade and checking if 240 and 1440 match

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 12 KB

Ran on EURUSD 5min, Short Only

Attached Image (click to enlarge)

Code:

Inserted Code

 
//+------------------------------------------------------------------+
//|                                                   AlmaTrader.mq4 |
//|                        Copyright 2022, MetaQuotes Software Corp. |
//|                                             https://www.mql5.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2022, MetaQuotes Software Corp."
#property link      "https://www.mql5.com"
#property version   "1.00"
#property strict
//+------------------------------------------------------------------+
//|Extern variables                                                  |
//+------------------------------------------------------------------+
extern double lots            = .01;        // Trade size in lots
extern int longs              = 0;         //Trade Long: If 0, then inactive
extern int shorts             = 0;         //Trade Short: If 0, then inactive
extern int trade_5            = 0;         //Take 5min signals: If 0, then inactive 
extern int trade_15           = 0;         //Take 15min Signals: If 0, then inactive
extern int trade_30           = 0;         //Take 30min Signals: If 0, then inactive
extern int trade_60           = 0;         //Take 60min Signalse: If 0, then inactive
extern int trade_240          = 0;         //Take 240min Signals: If 0, then inactive
extern int trade_1440         = 0;         //Take 1440min Signals: If 0, then inactive
extern int trade_10080        = 0;         //Take 10080min Signals: If 0, then inactive
int  sl        = 0;
//+------------------------------------------------------------------+
//|Strategy Control Variables                                        |
//+------------------------------------------------------------------+
int  tp5, tp15, tp30, tp60,tp240,tp1440,tp10080;
int  dxn_alma_5, dxn_alma_15, dxn_alma_30, dxn_alma_60, dxn_alma_240, dxn_alma_1440, dxn_alma_10080;
int  lastdxn_alma_5, lastdxn_alma_15, lastdxn_alma_30, lastdxn_alma_60, lastdxn_alma_240, lastdxn_alma_1440, lastdxn_alma_10080;
double atr_5, atr_15, atr_30, atr_60, atr_240, atr_1440, atr_10080;
string longcomment, shortcomment;

datetime LastActionTime = 0;
//+------------------------------------------------------------------+
//| Expert initialization function                                   |
//+------------------------------------------------------------------+
int OnInit()
  {
//---
      atr_5                                 = iATR(Symbol(),5,50,1);
      atr_15                                = iATR(Symbol(),15,50,1);                              
      atr_30                                = iATR(Symbol(),30,50,1);
      atr_60                                = iATR(Symbol(),60,50,1);
      atr_240                               = iATR(Symbol(),240,50,1);
      atr_1440                              = iATR(Symbol(),1440,50,1);
      atr_10080                             = iATR(Symbol(),10080,50,1);
      
      lastdxn_alma_5                        = alma(5,2);
      lastdxn_alma_15                       = alma(15,2);
      lastdxn_alma_30                       = alma(30,2);
      lastdxn_alma_60                       = alma(60,2);
      lastdxn_alma_240                      = alma(240,2);
      lastdxn_alma_1440                     = alma(1440,2);
      lastdxn_alma_10080                    = alma(10080,2);
      
      tp5                                   = (atr_5 / (10*MarketInfo(Symbol(),MODE_POINT))) * 0.75;
      tp15                                  = (atr_15 / (10*MarketInfo(Symbol(),MODE_POINT))) * 0.75;
      tp30                                  = (atr_30 / (10*MarketInfo(Symbol(),MODE_POINT))) * 0.75;
      tp60                                  = (atr_60 / (10*MarketInfo(Symbol(),MODE_POINT))) * 0.75;
      tp240                                 = (atr_240 / (10*MarketInfo(Symbol(),MODE_POINT))) * 0.75;
      tp1440                                = (atr_1440 / (10*MarketInfo(Symbol(),MODE_POINT))) * 0.75;
      tp10080                               = (atr_10080 / (10*MarketInfo(Symbol(),MODE_POINT))) * 0.75;
//---
   return(INIT_SUCCEEDED);
  }
//+------------------------------------------------------------------+
//| Expert deinitialization function                                 |
//+------------------------------------------------------------------+
void OnDeinit(const int reason)
  {
//---
  }
//+------------------------------------------------------------------+
//| Expert tick function                                             |
//+------------------------------------------------------------------+
void OnStart()
  {
if (LastActionTime != Time[0])
{
//---
//Get Indicator Directions
//---
      dxn_alma_5                            = alma(5,1);
      dxn_alma_15                           = alma(15,1);
      dxn_alma_30                           = alma(30,1);
      dxn_alma_60                           = alma(60,1);
      dxn_alma_240                          = alma(240,1);
      dxn_alma_1440                         = alma(1440,1);
      dxn_alma_10080                        = alma(10080,1);
//---
//Long Trades
//---
if(longs == 1)
  {
   // 5Minute
   if(trade_5 == 1)
   {
      if(dxn_alma_5 > lastdxn_alma_5 && dxn_alma_5 != lastdxn_alma_5 && ((dxn_alma_15 == 1 || dxn_alma_30 == 1) || (dxn_alma_240 == 1 && dxn_alma_1440 == 1)))
        {
           longcomment = StringConcatenate(Symbol()," 5 alma long MKT w/ Trend");
           LongMarketOrder_SLinPips(lots,tp5,0,Symbol(),longcomment);
        }
   
      if(dxn_alma_5 < lastdxn_alma_5 && dxn_alma_5 != lastdxn_alma_5 && (dxn_alma_240 == 1 && dxn_alma_1440 == 1))
        {
           longcomment = StringConcatenate(Symbol()," 5 alma long MKT w/ Rev Signal");
           LongMarketOrder_SLinPips(lots,tp5,0,Symbol(),longcomment);         
        }
   }
   
   // 15Minute
   if(trade_15 == 1)
   {
      if(dxn_alma_15 > lastdxn_alma_15 && dxn_alma_15 != lastdxn_alma_15 && ((dxn_alma_60 == 1 || dxn_alma_30 == 1)|| (dxn_alma_240 == 1 && dxn_alma_1440 == 1)))
        {
           longcomment = StringConcatenate(Symbol()," 15 alma long MKT w/ Trend");
           LongMarketOrder_SLinPips(lots,tp15,0,Symbol(),longcomment);
        }
   
      if(dxn_alma_15 < lastdxn_alma_15 && dxn_alma_15 != lastdxn_alma_15 && (dxn_alma_240 == 1 && dxn_alma_1440 == 1))
        {
           longcomment = StringConcatenate(Symbol()," 15 alma long MKT w/ Rev Signal");
           LongMarketOrder_SLinPips(lots,tp15,0,Symbol(),longcomment);
        }   
   }
   
   // 30Minute
   if(trade_30 == 1)
   {
      if(dxn_alma_30 > lastdxn_alma_30 && dxn_alma_30 != lastdxn_alma_30 && ((dxn_alma_60 == 1 || dxn_alma_240 == 1)|| (dxn_alma_240 == 1 && dxn_alma_1440 == 1)))
        {
           longcomment = StringConcatenate(Symbol()," 30 alma long MKT w/ Trend");
           LongMarketOrder_SLinPips(lots,tp30,0,Symbol(),longcomment); 
        }
   
      if(dxn_alma_30 < lastdxn_alma_30 && dxn_alma_30 != lastdxn_alma_30 && (dxn_alma_240 == 1 && dxn_alma_1440 == 1))
        {
           longcomment = StringConcatenate(Symbol()," 30 alma long MKT w/ Rev Signal");
           LongMarketOrder_SLinPips(lots,tp30,0,Symbol(),longcomment); 
        } 
    }
     
   // 60Minute
   if(trade_60 == 1)
   {
      if(dxn_alma_60 > lastdxn_alma_60 && dxn_alma_60 != lastdxn_alma_60 && ((dxn_alma_240 == 1 || dxn_alma_1440 == 1)|| (dxn_alma_240 == 1 && dxn_alma_1440 == 1)))
        {
           longcomment = StringConcatenate(Symbol()," 60 alma long MKT w/ Trend");
           LongMarketOrder_SLinPips(lots,tp60,0,Symbol(),longcomment); 
        }
   
      if(dxn_alma_60 < lastdxn_alma_60 && dxn_alma_60 != lastdxn_alma_60 && (dxn_alma_240 == 1 && dxn_alma_1440 == 1))
        {
           longcomment = StringConcatenate(Symbol()," 60 alma long MKT w/ Rev Signal");
           LongMarketOrder_SLinPips(lots,tp60,0,Symbol(),longcomment); 
        }
   }
     
   // 240Minute
   if(trade_240 == 1)
   {
      if(dxn_alma_240 > lastdxn_alma_240 && dxn_alma_240 != lastdxn_alma_240 && dxn_alma_1440 == 1)
        {
           longcomment = StringConcatenate(Symbol()," 240 alma long MKT w/ Trend");
           LongMarketOrder_SLinPips(lots,tp240,0,Symbol(),longcomment);
        }
   }
  }

//---
//Short Trades
//---
if(shorts == 1)
  {
   // 5Minute
   if(trade_5 == 1)
   {
      if(dxn_alma_5 < lastdxn_alma_5 && dxn_alma_5 != lastdxn_alma_5 && ((dxn_alma_15 == -1 || dxn_alma_30 == -1)|| (dxn_alma_240 == -1 && dxn_alma_1440 == -1)))
        {
           shortcomment = StringConcatenate(Symbol()," 5 alma short MKT w/ Trend");
           ShortMarketOrder_SLinPips(lots,tp5,0,Symbol(),shortcomment);
        }
   
      if(dxn_alma_5 > lastdxn_alma_5 && dxn_alma_5 != lastdxn_alma_5 && (dxn_alma_240 == -1 && dxn_alma_1440 == -1))
        {
           shortcomment = StringConcatenate(Symbol()," 5 alma short MKT w/ Rev Signal");
           ShortMarketOrder_SLinPips(lots,tp5,0,Symbol(),shortcomment);
        }
   }
   
   // 15Minute
   if(trade_15 == 1)
   {
      if(dxn_alma_15 < lastdxn_alma_15 && dxn_alma_15 != lastdxn_alma_15 && ((dxn_alma_60 == -1 || dxn_alma_30 == -1)|| (dxn_alma_240 == -1 && dxn_alma_1440 == -1)))
        {
           shortcomment = StringConcatenate(Symbol()," 15 alma short MKT w/ Trend");
           ShortMarketOrder_SLinPips(lots,tp5,0,Symbol(),shortcomment);
        }
   
      if(dxn_alma_15 > lastdxn_alma_15 && dxn_alma_15 != lastdxn_alma_15 && (dxn_alma_240 == -1 && dxn_alma_1440 == -1))
        {
           shortcomment = StringConcatenate(Symbol()," 15 alma short MKT w/ Rev Signal");
           ShortMarketOrder_SLinPips(lots,tp5,0,Symbol(),shortcomment);
        }   
   }
   
   // 30Minute
   if(trade_30 == 1)
   {
      if(dxn_alma_30 < lastdxn_alma_30 && dxn_alma_30 != lastdxn_alma_30 && ((dxn_alma_60 == -1 || dxn_alma_240 == -1) || (dxn_alma_240 == -1 && dxn_alma_1440 == -1)))
        {
           shortcomment = StringConcatenate(Symbol()," 30 alma short MKT w/ Trend");
           ShortMarketOrder_SLinPips(lots,tp5,0,Symbol(),shortcomment);
        }
   
      if(dxn_alma_30 > lastdxn_alma_30 && dxn_alma_30 != lastdxn_alma_30 && (dxn_alma_240 == -1 && dxn_alma_1440 == -1))
        {
           shortcomment = StringConcatenate(Symbol()," 30 alma short MKT w/ Rev Signal");
           ShortMarketOrder_SLinPips(lots,tp5,0,Symbol(),shortcomment);
        } 
    }
     
   // 60Minute
   if(trade_60 == 1)
   {
      if(dxn_alma_60 < lastdxn_alma_60 && dxn_alma_60 != lastdxn_alma_60 && ((dxn_alma_240 == -1 || dxn_alma_1440 == -1) || (dxn_alma_240 == -1 && dxn_alma_1440 == -1)))
        {
           shortcomment = StringConcatenate(Symbol()," 60 alma short MKT w/ Trend");
           ShortMarketOrder_SLinPips(lots,tp5,0,Symbol(),shortcomment);
        }
   
      if(dxn_alma_60 > lastdxn_alma_60 && dxn_alma_60 != lastdxn_alma_60 && (dxn_alma_240 == -1 && dxn_alma_1440 == -1))
        {
           shortcomment = StringConcatenate(Symbol()," 60 alma short MKT w/ Rev Signal");
           ShortMarketOrder_SLinPips(lots,tp5,0,Symbol(),shortcomment);
        }
   }
     
   // 240Minute
   if(trade_240 == 1)
   {
      if(dxn_alma_240 < lastdxn_alma_240 && dxn_alma_240 != lastdxn_alma_240 && dxn_alma_1440 == -1)
        {
           shortcomment = StringConcatenate(Symbol()," 240 alma short MKT w/ Trend");
           ShortMarketOrder_SLinPips(lots,tp5,0,Symbol(),shortcomment);
        }
   }
  }
//---
//Rest last dxn variables
//
      lastdxn_alma_5                            = dxn_alma_5;
      lastdxn_alma_15                           = dxn_alma_15;
      lastdxn_alma_30                           = dxn_alma_30;
      lastdxn_alma_60                           = dxn_alma_60;
      lastdxn_alma_240                          = dxn_alma_240;
      lastdxn_alma_1440                         = dxn_alma_1440;
      lastdxn_alma_10080                        = dxn_alma_10080;
LastActionTime = Time[0];
}
}
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+

//+------------------------------------------------------------------+
//|Get TP for All TF                                                 |
//+------------------------------------------------------------------+
//+------------------------------------------------------------------+
//|Control Flow Structure                                            |
//+------------------------------------------------------------------+
//If {long or short}
////
//Indicator Directions

//Footer
int alma(int tf, int shift, string pair = NULL)
   {
      if(iCustom(pair, tf, "alma", 0, shift) > iCustom(pair, tf, "alma", 0, shift + 1))
         {
            return 1;
         }
      else
        {
            return -1;
        }      
   }
void ShortMarketOrder_SLinPips(double lot = 0, int profit = 0, int stop = 0, string pair = NULL, string comment = NULL)
{
      double sl, tp;
      int ress;
      double bids;
      RefreshRates(); 
      bids = MarketInfo(pair,MODE_BID); 
      
      if(stop == 0)             sl = 0;
      if(stop != 0)
      {
         stop = stop * 10;
         sl = bids + (stop * MarketInfo(pair,MODE_POINT));
      }
      if(profit == 0)           tp = 0;
      if(profit != 0)
      {
         profit = profit * 10;
         tp = bids - (profit * MarketInfo(pair,MODE_POINT));
      }
        
      ress = OrderSend(pair,OP_SELL,lot,bids,0,sl,tp,comment + " " + pair,0,0,clrMagenta);      
}
void LongMarketOrder_SLinPips(double lot = 0, int profit = 0, int stop = 0, string pair = NULL, string comment = NULL)
{
      double sl, tp;
      int count;
      int res;
      double asks;
      RefreshRates(); 
      asks = MarketInfo(pair,MODE_ASK);
      if(stop == 0)             sl = 0;
      if(stop != 0)
      {
         stop = stop * 10;
         sl = asks - (stop * MarketInfo(pair,MODE_POINT));
      }
      if(profit == 0)           tp = 0;
      if(profit != 0)
      {
         profit = profit * 10;
         tp = asks + (profit * MarketInfo(pair,MODE_POINT));
      }
      
      res = OrderSend(pair,OP_BUY,lot,asks,0,sl,tp,comment + " " + pair,0,0, clrAqua);      
}

#207
Sep 4, 2023 8:23am Sep 4, 2023 8:23am

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

Had to pivot to no TP for forward test due to FIFO... worried this may give my test trouble as I won't as easily be able to see when the signals yielded quick profit or instant drawdown...

#208
Sep 7, 2023 1:24pm Sep 7, 2023 1:24pm

hayseed
Joined Nov 2006 | Status: Trader | 4,417 Posts

Quoting tradeChaser

Disliked

Had to pivot to no TP for forward test due to FIFO....

Ignored

//-----

12 words and 2 sore subjects..... now just squeeze hedge in there and you'll have all 3 in 13......

if you take a plain chart and put only the 5 and 10 sma's on it, almost with out fail, if the (5 < 10) and both are falling, the price is falling..... it's not 100%.....

look at this site....... notice the dow jones technical rating on far left says very bearish today...... 9/7/23...... how do they arrive at that....... clicking on that very bearish rating explains...... but what does that mean....... click on understanding technical indicators or scroll further down......

don't worry about the bollinger bands, atr and adx....... but code everything else into a single function that will return every pairs total values on 30 thru 10080.... in addition, total all the combined values for all timeframes per pair......

such as,

Inserted Code

            if(iMA(NULL,tfs[j],5,0,0,0,1)   > iMA(NULL,tfs[j],5,0,0,0,2))   {up++;} else {dn++;}
            if((iCCI(Symbol(),tfs[j],20,PRICE_TYPICAL,1) > 50.0)   && (iCCI(Symbol(),tfs[j],20,PRICE_TYPICAL,1) < 200.0))   {up++;}

total the ma's, cci, stoch, macd, wpr, roc, per timeframe per pair......

start with just the ma's to get a grasp..... add the others...... now you can see their definition on every pair and every timeframe...... you can sort/rank every pair by strength......
//------

the final goal is to export to excel..... you can sort it easily...... seeing strongest to weakest.....

when you combine all timeframe counts into a single number,
//-----a large positive number with a 1440 down leg is often a good buy...... a large negative number with a 1440 up leg, is often a good sell......

//-----when the ups and dns are relatively even, color changes and crossovers seem to work best..... higher risk of course......

just a thought......h
//-----

Attached Image (click to enlarge)

Click to Enlarge

Name: wti-h4-thinkmarkets.png
Size: 33 KB

//----

Attached Image (click to enlarge)

Click to Enlarge

Name: brent-h4-thinkmarkets.png
Size: 32 KB

//-----

Attached Image (click to enlarge)

Click to Enlarge

Name: brent-h4-thinkmarkets-5-10.png
Size: 13 KB

//----

Attached Image (click to enlarge)

to trade and code, keep both simple... no call to impress....h

#209
Sep 7, 2023 1:44pm Sep 7, 2023 1:44pm

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

Quoting hayseed

Disliked

{quote}//-----a large positive number with a 1440 down leg is often a good buy...... a large negative number with a 1440 up leg, is often a good sell...... //-----when the ups and dns are relatively even, color changes and crossovers seem to work best.....

Ignored

this is insightful… I’m glad I recently refreshed my Excel writing skills.

when you mentioned this, do you mean trading both directions on cross over/color change triggers? As in, even if long term trend is upwards, as the arrows even out, it opens up range trading strategies?

#210
Sep 7, 2023 3:54pm Sep 7, 2023 3:54pm

hayseed
Joined Nov 2006 | Status: Trader | 4,417 Posts

Quoting tradeChaser

Disliked

{quote} this is insightful… I’m glad I recently refreshed my Excel writing skills. when you mentioned this, do you mean trading both directions on cross over/color change triggers? As in, even if long term trend is upwards, as the arrows even out, it opens up range trading strategies?

Ignored

//-----

yes, kinda...... i'm trying to get away from both buying and selling for a bit.... moving to one direction trades only...... which is somewhat harmful..... but reduces the thought by 50%, not having to consider the other side......

after a couple big losses, this is my manner of getting back on my feet......

those arrows in the top right have nothing to do with moneycontrol's very bearish conclusion.....

the small aqua numbers are the timeframes totals..... the larger aqua numbers beside open, are the combined total of those numbers...... so there are 44 and 45 ups ...... and 41 downs on each of the oils.....

easier to see on eurusd below..... 10 up, 75 down.....

currently fewer but larger trades on better possibilities.....h
//------

Attached Image (click to enlarge)

Click to Enlarge

Name: eurusdx-h4-thinkmarkets-10-75.png
Size: 28 KB

to trade and code, keep both simple... no call to impress....h

#211
Sep 7, 2023 5:51pm Sep 7, 2023 5:51pm

hayseed
Joined Nov 2006 | Status: Trader | 4,417 Posts

Quoting tradeChaser

Disliked

I’m glad I recently refreshed my Excel writing skills.

Ignored

//-----

me too..... now i know where to go when i run aground..... my excel abilities do not excel......

perhaps your familiar with some of the asia session scaping ea's from back when they were so popular..... several other ideas were also used, many still are......

one such plan took the high and low of a period of time after the new york close..... it drew a box and traded the breakouts of that box..... the box is blue and will not be sized properly till the period has past..... settings in indicator are adjustable.....

i struggled with it unless the breakout was in the trends direction.....

when sorting moneycontrols rules in excel, hk comes in at a -46 with a 1440 zigzag up leg still standing.......

i used the alma in the chart, but a wide variety of indicators can be used..... psar, bbands the butterworth filters and the like.....

the idea should be clear....

those numbers might be incorrect on the hk50..... some indices and commodity's have varied trading hours..... that ea checks first for couple reasons...... it says hk50 is closed right now.....h
//-----

Attached File(s)

BreakOut PANCA EAGLE.ex4 16 KB | 271 downloads

Attached File(s)

BreakOut PANCA EAGLE.mq4 8 KB | 287 downloads

//----

Attached Image (click to enlarge)

Click to Enlarge

Name: hk.jpg
Size: 203 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: hk50-h1-thinkmarkets-eagle.png
Size: 19 KB

//------

Attached Image (click to enlarge)

Click to Enlarge

Name: hk50-d1-thinkmarkets-hk.png
Size: 20 KB

//----

Attached Image (click to enlarge)

Click to Enlarge

Name: hk50-h4-thinkmarkets-closed.png
Size: 31 KB

to trade and code, keep both simple... no call to impress....h

#212
Sep 8, 2023 5:38am Sep 8, 2023 5:38am

mchl13
| Joined Aug 2018 | Status: Trader | 170 Posts

Hello Hayseed,

I don't understand what the small numbers in aqua correspond to. The big numbers in aqua are the sum of the small ones.

Could you give me a little more explanation?

Thank,s

Attached Image (click to enlarge)

Click to Enlarge

Name: hayseed210.PNG
Size: 36 KB

#213
Sep 8, 2023 3:22pm Sep 8, 2023 3:22pm

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

I feel like a hayseed... for the first time ever in my trading journey... Although the results mean nothing to me right now. signals were as follows (all based on ALMA). Example on M15 but all the way up to taking 240 signals (no daily signals or higher).

Inserted Code

if(TradeLongs == True)
{
    if(AlmaBuySignal(M15) == True    &&    (AlmaUpTrend(M30) [b][u]OR[/u][/b] AlmaUpTrend(M60)))
        {
         EnterAtMarketLong();
        }
    if(AlmaSellSignal == True && (AlmaUpTrend(240) == True && AlmaUpTrend(1440) == True))
        {
          EnterAtMarketLong()
        }
}

What are the problems with this week's executions?

When adding EA to a currency pair, the user (me) determined trade direction. This was a subjective mix of Alma on Daily, BBAND on 1440, and gut... What is more, nothing was tracked throughout the week to confirm that the buy or sell should continue... it just stayed on.
I built this from notes in Post 200 and Post 202 - "Whatever indicator you use, just make sure it's the same on the lower timeframe producing the signals)
1. The code above would only take an M15 signal if the indicator was already moving in favor on M30 (timeframe +1). I added the Timeframe +2 as an OR conditional, this likely increased the number of trades
Poor use of margin... I believe was was at about 150% margin by Tuesday...enough said. I actually turned off the M5 signals because of this
As can be seen with the pictures, lots of order concentration in the noise, meaning a lot of the M15 and M30 signals were taken with minimual purpose with regard of making money in trend. That is not to say this is not a meaningful method to "build a position" indescriminately, but with AUDUSD as the example, I had a lot of margin tied up in that pair, and at a glance it looks like 80% of that position was within a daily ATR of the final close price, despite positions being days old

Things I hope to add to this test for next week...

More discerning entries. For example, only build positions on counter zigzag legs.
Being okay with taking profit off of the table... What does this look like? On new zz legs? weekly ATRs? does this allow for weeks to go against me?

Sorry for hijacking this thread... I should start my own just to avoid taking from what you're trying to accomplish!

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 22 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 30 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 21 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 24 KB

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 15 KB

#214
Sep 9, 2023 7:04pm Sep 9, 2023 7:04pm

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

Quoting hayseed

Disliked

{quote} //----- the small aqua numbers are the timeframes totals..... the larger aqua numbers beside open, are the combined total of those numbers...... so there are 44 and 45 ups ...... and 41 downs on each of the oils..... easier to see on eurusd below..... 10 up, 75 down..... currently fewer but larger trades on better possibilities.....h //------

Ignored

Couple of questions... is there ever a negative number, or is it just the balance between positive and negative signals? Based at the timeframe totals, it looks like you are counting about 15 or so indicators total)

Finally, in that example with the EURUSD:

Inserted Code

currently fewer but larger trades on better possibilities.....h

is this saying that you're trading larger size on shorter positions because the trend is so far in that favor? Or am I misunderstanding?

#215
Sep 11, 2023 4:48pm Sep 11, 2023 4:48pm

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

I went ahead and created an oscillator for that MoneyControl Indicator. I think it is the first indicator I have ever written that has 0 warnings lol...

I didn't add a couple of indicators as I just didn't understand them. Quite simple of me, but the DowJones website only showed two inputs for Stoch, and the ROC is a custom indicator I do not have... But that said, quite a few so I imagine there is some value to the indicator nonetheless from a pure data perspective.

I will say, I have a hard time reading how I would I would use it. The crossovers when on the M30 chart do allow for momentum filters.

Perhaps if they are overlayed in the below fashion? the Green line represents the balance of indicators at only the M30 level. overbought and oversold count for nothing, bullish signals ++ and bearish signal --.

blue line is same but on 1440... perhaps you can make quartiles or levels for the daily line... If it is within a specific threshhold, that is chop (representing an even distribution of bullish and bearish signals)... If it is above or below it, that is strength and leaves room for momentum. not sure.

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 34 KB

Attached File(s)

MoneyControlsOscillator.mq4 8 KB | 238 downloads

#216
Sep 11, 2023 11:25pm Sep 11, 2023 11:25pm

hayseed
Joined Nov 2006 | Status: Trader | 4,417 Posts

Quoting tradeChaser

Disliked

is there ever a negative number,

Ignored

//-----

i'm in dallas, storm job.... likely be on east coast for hurricane shortly..... just placing fewer and larger trades because of lack of time..... i am in the field sometimes 20 or more hours a day.....

there is no negative numbers as it's coded..... only added the ups and downs.....

you are not hijacking anything..... tossing around ideas is helpful....

roc below.....h
//-----

Attached File(s)

moneycontrol.ex4 11 KB | 247 downloads

Attached File(s)

moneycontrol.mq4 5 KB | 280 downloads

Attached File(s)

roc.ex4 8 KB | 262 downloads

Attached File(s)

roc.mq4 5 KB | 291 downloads

//-----

Attached Image (click to enlarge)

Click to Enlarge

Name: nzdusdx-d1-thinkmarkets-mc.png
Size: 22 KB

to trade and code, keep both simple... no call to impress....h

#217
Sep 11, 2023 11:52pm Sep 11, 2023 11:52pm

hayseed
Joined Nov 2006 | Status: Trader | 4,417 Posts

Quoting mchl13

Disliked

Could you give me a little more explanation?

Ignored

//-----

hey mchl...... sure..... it has to do with moneycontrols little graphic depicting various ratings..... bullish, very bullish, neutral, bearish, very bearish ..... if you click on the symbol on the right side of that page, it takes you to how they arrive at the values.....

in your picture, the top row is the 15 minute chart..... the numbers 2 and 11 represent 2 bullish indicators and 11 bearish....

the second and third rows, 30 and 60 minute, each have 1 bullish and 13 bearish....... and so on up to the last weekly row.....

moneycontrol only uses the daily values...... but we were adding up the totals on 30 thru weekly charts..... which gave the 10 bullish and 75 bearish.....

we were just looking at it's accuracy and if it might be useful.....

the indicator i posted above totals the bullish bearish values for the charts timeframe and then uses imaonarray to plot moving averages to them.....

lime bullish, red bearish.....h
//-----

Attached Image (click to enlarge)

Click to Enlarge

Name: xauusdx-h4-thinkmarkets-mc.png
Size: 15 KB

to trade and code, keep both simple... no call to impress....h

#218
Sep 12, 2023 12:13am Sep 12, 2023 12:13am

tradeChaser
| Joined Feb 2019 | Status: Trader | 261 Posts

Quoting hayseed

Disliked

{quote} //----- i'm in dallas, storm job....

Ignored

Are you a union lineman? Your posts at times speaking of long bouts of work, and now with storms leads me to this conclusion. Worked at Milwaukee Tools in a previous life. We did a lot of business with lineman!

#219
Sep 12, 2023 7:40am Sep 12, 2023 7:40am

hayseed
Joined Nov 2006 | Status: Trader | 4,417 Posts

Quoting tradeChaser

Disliked

{quote} Are you a union lineman? Your posts at times speaking of long bouts of work, and now with storms leads me to this conclusion. Worked at Milwaukee Tools in a previous life. We did a lot of business with lineman!

Ignored

//-----

can remember you mentioning milwaukee.....

yes, i was born to be a union lineman..... but have spent more time as repair, management and engineer..... power, telephone, catv.....

now days i'm more often a project specialist, lead construction engineer or some similar puffed up title....

sometimes just for a day or 2, sometimes for a year or 2...... usually storm restoral....
//-----

national forex weather channel has another type storm on it's radar....h
//-----

Attached Image (click to enlarge)