Dislikedhistogram with crossover lines...... likely need some more thought....h //----- {image} //----- {file} {file}Ignored
do you ever. Utilize the SL TP or do you always utilize your own criteria?
- #223
- Sep 13, 2023 7:29am Sep 13, 2023 7:29am
- Joined Nov 2006 | Status: Trader | 4,417 Posts
Hello Hayseed, to transfer data from mt4 to excel, do you use Excel RTD or something else? Thank
mq4.... you can just bulk transfer data or get creative with it..... somewhere i've uploaded how to turn it into graphs and pie charts depicting all sorts of presentations.....
mq4 is plenty good enough for that..... there might be better ways.....h
//----
Inserted Video
//------
to trade and code, keep both simple... no call to impress....h
- #224
- Sep 13, 2023 8:15am Sep 13, 2023 8:15am
- Joined Nov 2006 | Status: Trader | 4,417 Posts
{quote} Is this a Prop Firm trade and is that why you have a SL and TP? If yes to prop, is it just because it’s required? do you ever. Utilize the SL TP or do you always utilize your own criteria?
yes prop firm.... they kinda feel more comfortable when you use both.....
in oanda accounts, if convenient i'll still use them..... usually it's not.....
more often it's just code closing orders for various reasons.... sometimes the code is elaborate...... sometimes simple.....
have edited iexposure indicator to larger text and added a profit alert..... this way at anytime my preset amount is hit it will alert..... but alert only.....
priscilla knows less than 0 about forex...... but makes more at it than me...... usually somewhere a ea is running with a priscilla button..... once my preset profit target is met, it will begin alerting and pn'ing as long as the profit is above that level.....
all she has to do is click the priscilla button and those trades will close..... and i don't have to get involved.....h
//------
//----
to trade and code, keep both simple... no call to impress....h
- #226
- Sep 25, 2023 10:36am Sep 25, 2023 10:36am
- Joined Nov 2006 | Status: Trader | 4,417 Posts
Pardon the ramblings. ,
can't hold rambling against you, my mind rambles constantly..... leads to creativity......
here is a screenshot of a ea that answers most of your questions...... will need to upload a video to explain......
it looks at the 15 thru 10080...... bar by bar.... 7 common indicators..... 2 are doubled up, so total of 6 rows.....
focus on the 15...... the furthest dot to the right is this current bar...... 6 lines..... disregard that single lime dot every so often, it marks the london open.........
notice about 25 bars back, vertically, all were red...... we might call that a sell 6.....
//------
now look at the 30 group...... 41 bars back vertically 5 were red...... we might call that a sell 5.....
//------
on the 240, both at 42 and 62 bars back 5 vertically were lime...... we might call those a buy 5.....
and so on..... we can call that filtering.....
a lime square is an initial buy..... blue is a continuation...... a red square is an initial sell..... violet is continuation..... what you can't see is that ea calculates the profit or loss on every trade for the last 200 bars on each timeframe......
//------
look at the weekly 47 bars back..... now, look at the weekly 0........
let your mind ramble......h
//-------
to trade and code, keep both simple... no call to impress....h
- #227
- Sep 25, 2023 10:45am Sep 25, 2023 10:45am
- Joined Nov 2006 | Status: Trader | 4,417 Posts
and it calculates every trade on every instrument in the market....
filter.......h
//-----
//------
filter.......h
//-----
to trade and code, keep both simple... no call to impress....h
That is a lot for me to process. Excited for the video. will contemplate and likely come back with questions!
I do have another coding question for you in the mean time....
For GBPUSD, the alma trader is only looking for 60 min and 240 min signals... so much for a robot to take the discretion out of my trading lol. But I just feel like GBPUSD range is tight and looking for a stimulus to spring to the upside or downside... so I want to wait for longer term signals and not end up with a bunch of 15 minute signals in these days' chop.
Well today I got 4 H1trades from only one 60min signal (EA is on 15 min chart). So clearly, my EA is written such that each new 15min bar within the signal is throwing a trade signals. I see value for this with a larger account, but for a smaller account trying to get one trade per signal, I don't.
Do I need to stop using iBarshift in the code below to avoid getting these redundant signals? clearly, 45min into the new 1H bar, my code still senses that the H1 bar is at shift of only 1 and is the new signal. My thoughts is the new code should be:
dxn_alma_60 = alma(60,Time[1]);
Where the alma functions paramaters are (int timeframe, int shift) and returns a bool based on whether alma is up or down.
Current code:
A second questions... at the right time... say 8:00am... I may end up with .04 lots traded due to a 240 signal, 60 signal, 30 signal and 15min signal... How do you manage this? Do you allow this to happen as a natural leverage based on a larger timeframe signal, or should I be timing my signals so that they don't overlap and only take one trade instead of all 4?
More ramblings, but like I said in my video, this unforseen tradesize is nice when it works in my favor... profit seems to grow quickly... but it is unintended and will hurt when moving away. wanted to get your thoughts.
I do have another coding question for you in the mean time....
For GBPUSD, the alma trader is only looking for 60 min and 240 min signals... so much for a robot to take the discretion out of my trading lol. But I just feel like GBPUSD range is tight and looking for a stimulus to spring to the upside or downside... so I want to wait for longer term signals and not end up with a bunch of 15 minute signals in these days' chop.
Well today I got 4 H1trades from only one 60min signal (EA is on 15 min chart). So clearly, my EA is written such that each new 15min bar within the signal is throwing a trade signals. I see value for this with a larger account, but for a smaller account trying to get one trade per signal, I don't.
Do I need to stop using iBarshift in the code below to avoid getting these redundant signals? clearly, 45min into the new 1H bar, my code still senses that the H1 bar is at shift of only 1 and is the new signal. My thoughts is the new code should be:
dxn_alma_60 = alma(60,Time[1]);
Where the alma functions paramaters are (int timeframe, int shift) and returns a bool based on whether alma is up or down.
Current code:
A second questions... at the right time... say 8:00am... I may end up with .04 lots traded due to a 240 signal, 60 signal, 30 signal and 15min signal... How do you manage this? Do you allow this to happen as a natural leverage based on a larger timeframe signal, or should I be timing my signals so that they don't overlap and only take one trade instead of all 4?
More ramblings, but like I said in my video, this unforseen tradesize is nice when it works in my favor... profit seems to grow quickly... but it is unintended and will hurt when moving away. wanted to get your thoughts.
- #229
- Sep 25, 2023 8:11pm Sep 25, 2023 8:11pm
- Joined Nov 2006 | Status: Trader | 4,417 Posts
Well today I got 4 H1trades from only one 60min signal (EA is on 15 min chart). So clearly, my EA is written such that each new 15min bar within the signal is throwing a trade signals. .
send a unique comment for each pair, tf and signal......
such as if the signal is a alma buy on the 60 gbpusd, let the comment be something like, "gbpusd alma 60 buy"......
before sending a order, search for a existing order with that comment...... if one exists, don't send another..... if none is found, then send the order.....
always first verify OrdersTotal() is less than your maximum allowed..... along with other account metrics...... ea's can get hosed up at times......
speaking of gbpusd, looks like a sell 6 on the 60 minute chart 77 bars ago ..... h
//------
Inserted Code
// if(AccountMargin() > marginlimit) {Alert("Margin used limit exceded "+ DoubleToStr(AccountMargin(),0));}
// if((AccountMargin() / AccountFreeMargin()) < (percentlimit*0.01)) {Alert("Margin percent exceded");} //------
to trade and code, keep both simple... no call to impress....h
- #232
- Sep 26, 2023 6:14am Sep 26, 2023 6:14am
- Joined Nov 2006 | Status: Trader | 4,417 Posts
and do you just take signals until margin is maxed or so you turn on your trading with a set goal/limit of risk in mind?
no need to max out margin at this point..... better to focus on maxing out results with minimum margin..... 1 trade per signal..... 0.01......
//----
if I read your comment about GBPUSD, is that to say long opps are intriguing to you?
that is to say the best sell on the gbpusd 60, might have been 77 bars ago ..... look at my ea screenshot and then look at the gbpusd 60 chart 77 bars ago......
Speaking on this script you have pictured, do you work your trading methodology like a series of breakers?
thats actually a ea...... long ago i started coding ea's to not show their name nor the prices to right and dates below.....
each timeframe section has the same 7 indicators with same settings.... 2 are doubled up to create 6 rows......
it can scan the entire market..... rank and return current suggested trades..... they are ranked a,b,c,d along with the corresponding count..... in the screenshot below, the scan returned a GER30 10080 4a sell..... looking at that chart you can see the 4 on the 10080 row.....
that ea builds and rebuilds itself...... as example, if it thinks now is the time to blast the market, it will place those blast buttons on the far right..... otherwise they are not there..... there are other such buttons created or removed when conditions exist.... no need for a buy button if only sells are on the table.....
as far as being in, it has a set amount of margin allowed per symbol...... so if margin allowed the $4000, the maximum combined lots will vary symbol to symbol....
gbpusd requires high margin per lot while audusd and nzdusd is far lower...... all 3 pay 1$ per pip.....
it seems to help me waiting for those high value a trades..... while throwing a little at the iffy b's.....
c trades are continuations , blast the market types.....
if i see another good example on current bar, i'll post it.......h
//-----
to trade and code, keep both simple... no call to impress....h
- #233
- Sep 26, 2023 7:04am Sep 26, 2023 7:04am
- Joined Nov 2006 | Status: Trader | 4,417 Posts
{ I agree being able to follow the alert and use a script to enter would be ideal. .
fra40 10080 5a sell...... on the next run it placed the blast buttons on the chart.....
why.....
its a weekly signal....... all zigzags except the 15 are down..... you know, roughly, how many 15, 30, 60, 240 and 1440 zigzag legs there are in the 10080...... this is tuesday morning...... you know how many 240 zigzag legs will be between now and the rest of the week..... do you really want to sell a 240 down leg now.....
by placing the blast buttons, the ea is saying we should wait for a 240 up leg and then sell..... but if you just feel compelled, here is a blast button that will place sellimits......
good traders would wait for a proper 240a signal......
the rest of us click that blast button..... and hope......h
//------
//-----
to trade and code, keep both simple... no call to impress....h
- #236
- Sep 27, 2023 1:38am Sep 27, 2023 1:38am
- Joined Nov 2006 | Status: Trader | 4,417 Posts
to trade and code, keep both simple... no call to impress....h
- #237
- Sep 27, 2023 3:30am Sep 27, 2023 3:30am
- Joined Nov 2006 | Status: Trader | 4,417 Posts
. more ramblings,
but I suppose I’d sum it up with how would you instruct someone practicing doubling a small account with .01 to select profit targets and exit points.?
do not underestimate the value in rambling..... it is key.....
my entrys and exits will confuse you..... because so much is at play behind the scenes.....
//-----
in my mind, the absolute best exit is dollar based..... so if i have a 0.01 eurusd short, the second it hits 1.00 in profit, the trade closes..... only requires 10 pips..... margin required is 14$.....
the time required per 1$ earned is enormous at first.... that changes.....
only 1 at first..... a single digit..... which is probably the same number of traders willing to do it..... after a few weeks move to 2 a day..... later 3.....
feel comfortable saying, warren buffet would invest billions into any company making 1$ on 14$ a day.....
well, maybe 1000......h
//-----
to trade and code, keep both simple... no call to impress....h
- #239
- Sep 27, 2023 9:41am Sep 27, 2023 9:41am
- Joined Nov 2006 | Status: Trader | 4,417 Posts
when you say “after a few weeks move to 2 a day”…. For this example are you saying to add a signal and get two a day, to increase lot size, or to increase TP pips? When it comes to the other side of the trade, managing drawdown with a small account targeting 10 pips. Do you have any rules or insights that can help me learn to view my open trades like you?
account. $900 to date. I could trade until I lose $90 dollars. Is that the right way to think about managing losses, or do you have other criteria that would help a strategy to maintain high accuracy...
might be best to move to 2 trades a day only after a few weeks with no losses..... not before.....
increasing lot size from 0.01 to 0.02 would still be 1 trade..... placing two 0.01 trades would be 2.....
most bars will retrace some of the prior bar.... it's easy to calculate not only how much but also the average retrace per specific hour of the day..... so if , using closed bar, a signal appears you might place a market order along with a limit order within that retrace period..... when/if the retrace occurs you will be filled at a better price.... 2 orders ..... 1 signal....
i really do not view orders like you think..... most of the time i have no clue what is open..... and have no idea when or why they close..... alerts tell me what to do.... once i do it it's forgotten....
you might notice on some charts a priscilla button..... once the profit on a account reaches a preset amount, it begins to alert non stop "Click the Priscilla button!!!!!!!!".... non stop or until the profit drops below the amount..... it closes indiscreetly all profitable trades over 10$..... so a trade might close for 12$ which could have made 100..... seems a waste but who can say..... the real point is, those trades were closed out of the blue simply because of her clicking that button..... $ based exit.....
it would be almost impossible to lose 90$ with a 0.01 trade unless you forgot about it for months...... which is possible......
if we see the tsr green color change as a potential buy, we must assume a tsr red color change is a potential sell..... most drawdowns occur during times where we hold trades against the very signal we had faith in.....
if you find yourself trading against your own signal or rule, change one of the 3.....h
//-----
//------
while writing this another alert said "click click sell us30 atr" twice..... have no clue why....... but i clicked the sell atr button twice....
before the day is out, very likely that priscilla button will begin alerting "click priscilla"....... which she will.....
so those 2 trades will be opened and closed...... and i'll have no clue as to why.......h
//-----
to trade and code, keep both simple... no call to impress....h