Moving Average Trend Strength - Based on Percentage price gain | Forex Factory

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Moving Average Trend Strength - Based on Percentage price gain

  • #1
  • First Post: Edited Oct 4, 2023 7:03pm Jun 23, 2023 1:52am | Edited Oct 4, 2023 7:03pm
Hello everyone.

Recently I have created an algo that looks for a burst in power using the angle of the moving averages.

Its very simple, if the MA angle is greater then the Specific Angle Amount, it will start taking positions.
This can really help determine the area of the market you are looking to trade in.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB


This is tested on AUDUSD 5min over the past 12 months looking for Mean Reversion based on the angle of a moving average
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB



I am in love with algo trading right now

Platform:
https://www.forexfactory.com/thread/...5#post14593175
  • #2
  • Jun 23, 2023 2:40am Jun 23, 2023 2:40am
i like the way you trader, very interesting. Subscribed.
  • #3
  • Jun 23, 2023 6:09am Jun 23, 2023 6:09am
Hi, a few questions.
1. What are the values of MA?
2. How You coded MA angle?
3. In what language the algo was coded?

Thanx
  • #4
  • Jun 25, 2023 10:26pm Jun 25, 2023 10:26pm
Quoting Homamiadana
i like the way you trader, very interesting. Subscribed.
Thank you Sir! very much appreciated.
  • #5
  • Jun 25, 2023 10:29pm Jun 25, 2023 10:29pm
Quoting laksior
Hi, a few questions. 1. What are the values of MA? 2. How You coded MA angle? 3. In what language the algo was coded? Thanx
Hi Laksior,

To answer your questions as simply as possible.

1. What are the values of MA?
This is based on a 10ma

2. How You coded MA angle?
The angle is based on the distance the Moving Average has moved on a certain time period, using this distance its then converted into a % which can give you a % climb in price. Its not a perfect angle calculation, but using the % gain you can determine an angle as such.

3. In what language the algo was coded?
There is no language, it's created using blocks inside TVX.


Hope this helps
  • #6
  • Jun 26, 2023 8:48pm Jun 26, 2023 8:48pm
Have just done a test on the EURUSD as well, its not as good total return but a combination of these two together could be nice.

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  • #7
  • Jun 28, 2023 2:37am Jun 28, 2023 2:37am
This here was posted in the tester chat from someone else testing the same strategy as me.

The power of momentum !
Attached Image (click to enlarge)
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  • #8
  • Jul 14, 2023 7:14am Jul 14, 2023 7:14am
Wow great results, congratulations.
But what other indicator you use to confirm the signals or filter fake signals? and how you estimate that value to determine the trend direction?
  • #9
  • Edited 4:14am Aug 24, 2023 3:47am | Edited 4:14am
Quoting IcyComplex
This here was posted in the tester chat from someone else testing the same strategy as me. The power of momentum ! {image}
very interesting... I will do some tests myself but instead on mt4. Be sure to always test outside of of TVX and on to mt4/mt5 too
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #10
  • Sep 12, 2023 9:08am Sep 12, 2023 9:08am
May I ask how did you specify the angle of the moving average? I mean this is a whole new concept for me.
  • #11
  • Sep 12, 2023 8:09pm Sep 12, 2023 8:09pm
Quoting Pipphosore
May I ask how did you specify the angle of the moving average? I mean this is a whole new concept for me.
Hi Pipphosore, thanks for your message.

I mostly copied everything from the video presented here.
The guys have some really advanced concepts, even using a Moving Average can be used in completely different ways than what I first thought.

https://www.tradeview.com.au/algo-tr...ngle-strength/

Algo trading really is the way to go, right now I have been taking the ideas that they present and then copy paste a few different concepts together.
Works a treat.
  • #12
  • Sep 14, 2023 6:12am Sep 14, 2023 6:12am
Quoting IcyComplex
{quote} Hi Laksior, To answer your questions as simply as possible. 1. What are the values of MA? This is based on a 10ma 2. How You coded MA angle? The angle is based on the distance the Moving Average has moved on a certain time period, using this distance its then converted into a % which can give you a % climb in price. Its not a perfect angle calculation, but using the % gain you can determine an angle as such. 3. In what language the algo was coded? There is no language, it's created using blocks inside TVX. Hope this helps
Sorry for stupid questions but what tvx is? How to create suche blocks?
  • #13
  • Sep 27, 2023 1:33am Sep 27, 2023 1:33am
Quoting Equity
{quote} Sorry for stupid questions but what tvx is? How to create suche blocks?
I do not think there are any stupid questions, only answers to gain more knowledge.


TVX = Trade View X which is a trading platform aimed towards Algo trading.

The blocks are inside the platform and you simple join them together like a little puzzle to make whatever idea it is you have.



I've been running this particular strategy for 70 days now in a Demo account, check out the results.
Symbol: AUDUSD
Trades: 2245
Days: 70
Trades Per Day: 32

On average the algo is placing 32 trades per day consistently which is way beyond what I could possibly do

Attached Image (click to enlarge)
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Trade History

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  • #14
  • Sep 27, 2023 2:05am Sep 27, 2023 2:05am
Very interesting, thank you!
Subscribed
Just an opinion. Based on research
  • #15
  • Edited 2:23am Sep 27, 2023 2:08am | Edited 2:23am
Will you be so kind to share the parameters (angle amounts, TF, SL, TP...) with us for the forward testing?
I mean, what is the strategy? Because we are at the "Trading Systems" forum
Just an opinion. Based on research
  • #16
  • Sep 27, 2023 4:01am Sep 27, 2023 4:01am
Quoting IcyComplex
Hello everyone. Recently I have created an algo that looks for a burst in power using the angle of the moving averages. Its very simple, if the MA angle is greater then the Specific Angle Amount, it will start taking positions. This can really help determine the area of the market you are looking to trade in. {image} This is tested on AUDUSD 5min over the past 12 months looking for Mean Reversion based on the angle of a moving average {image} I am in love with algo trading right now
Hi Icy,
Some related work that was done in the past:
https://www.forexfactory.com/thread/...ngle-indicator
https://www.forexfactory.com/thread/...eter-pointssec
  • #17
  • Sep 27, 2023 11:56pm Sep 27, 2023 11:56pm
Quoting kostas1
{quote} Hi Icy, Some related work that was done in the past: https://www.forexfactory.com/thread/...ngle-indicator https://www.forexfactory.com/thread/...eter-pointssec
Hi Kostas,

Thanks for the reply, but using all these indicators on the charts seems really messy for me.

I might use indicators in my builds but I tend to be looking more at the stats of the tests, rather than the indicators on the charts.
  • #18
  • Sep 27, 2023 11:58pm Sep 27, 2023 11:58pm
Quoting since80808
Will you be so kind to share the parameters (angle amounts, TF, SL, TP...) with us for the forward testing? I mean, what is the strategy? Because we are at the "Trading Systems" forum
More than happy to share what I have which might still not be the best.

Just experimenting.

Angle - Which is actually based on a "Percentage gain of the market": Depdning on timeframe between 0.10% rise on the 5min to 2% rise on the daily.
Timeframe: All timeframes.
SL: Based on the timeframe switching sides. Plus a Drawdown cut off of 20% as a last resort.
TP: $20 max profit.
  • #19
  • Sep 28, 2023 3:47am Sep 28, 2023 3:47am
Quoting IcyComplex
{quote} More than happy to share what I have which might still not be the best. Just experimenting. Angle - Which is actually based on a "Percentage gain of the market": Depdning on timeframe between 0.10% rise on the 5min to 2% rise on the daily. Timeframe: All timeframes. SL: Based on the timeframe switching sides. Plus a Drawdown cut off of 20% as a last resort. TP: $20 max profit.
Thank you, starting to scratch
Just an opinion. Based on research
  • #20
  • Oct 2, 2023 9:16pm Oct 2, 2023 9:16pm
I am looking to add exrta criteria into this for when to enter.

Lets say the MA is aiming up 1% gain showing a big uptrend, I am thinking of creating a rule it must now wait till its below the MA itself before it enters.

This way it might not buy the top of the trend, it will wait for a slight reversal.


Does anyone else have any suggestions towards this?
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