Finding the trend | Page 29 | Forex Factory

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Finding the trend

  • #561
  • Aug 26, 2024 11:28am Aug 26, 2024 11:28am
Quoting RiskFighter
{quote} I found it - it is a HalfTrend. With the amplitude = 1. Then the indicator is shifted in some way up and down to make a channel. I will have to investigate that. This is the Mika band wioth the HalfTrend in the middle. {image}
Great that you found it.
I think it is one of @Mladen's versions, with the parameters (1,1)
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCHF.rH1.png Size: 21 KB
Attached File(s)
File Type: mq4 HalfTrend MTF with alerts.mq4   17 KB | 734 downloads
File Type: mq4 halftrend_2_histo_arrows.mq4   17 KB | 638 downloads
  • #562
  • Aug 26, 2024 1:48pm Aug 26, 2024 1:48pm
Quoting SwingMan
{quote} Great that you found it. I think it is one of @Mladen's versions, with the parameters (1,1) {file} {file} {image}
Oh yes! Nice. Thank you.
MetaTrader 4 - so many advantages.
  • #563
  • Aug 29, 2024 6:16am Aug 29, 2024 6:16am
Quoting OAPDave
Thread looks dead ,with lack of interest Guess I might as well do the same and unsubscribe {image}
That's normal.

@RiskFighter wrote that this is a thread for new ideas.
Apparently all members are happy with their strategies and systems, so no one needs to exchange experiences or share new tests.
  • #564
  • Aug 29, 2024 6:28am Aug 29, 2024 6:28am
Quoting SwingMan
{quote} That's normal. @RiskFighter wrote that this is a thread for new ideas. Apparently all members are happy with their strategies and systems, so no one needs to exchange experiences or share new tests.
Exactly. And I am not writing on a thread just to keep it going. If there is no use for it, then so be it.

Right now I am studying this thread: Trading system using relative strength | Page 4 | Forex Factory

They seem to have great results. I have made 2 batches today. The first was a loss and the second is in minus after 2 hours. So might not be working in todays vacation environment.
MetaTrader 4 - so many advantages.
  • #565
  • Aug 29, 2024 6:31am Aug 29, 2024 6:31am
Quoting RiskFighter
{quote} Exactly. And I am not writing on a thread just to keep it going. If there is no use for it, then so be it. Right now I am studying this thread: Trading system using relative strength | Page 4 | Forex Factory They seem to have great results. I have made 2 batches today. The first was a loss and the second is in minus after 2 hours. So might not be working in todays vacation environment.
I do know, that I shall play with the small wicks strategy and I have my own Halftrend strategy to develop too, but I can't help surfing this interesting FF site and then things happen. So I often have many projects going.
MetaTrader 4 - so many advantages.
  • #566
  • Aug 29, 2024 6:47am Aug 29, 2024 6:47am
Quoting RiskFighter
{quote} I do know, that I shall play with the small wicks strategy and I have my own Halftrend strategy to develop too, but I can't help surfing this interesting FF site and then things happen. So I often have many projects going.
I works on the strength calculator where the gap, calculating the average gap of each current compared to other currencies.

But the result in that strategy only use if the gap is long or short. Not how much long or short. Noted by jusst a plus or minus. That is very simple. Maybe too simple. Seems that a lot can be done.

code snippets for the EUR currency.

if(EUR)
{
double EURUSD_Fast = ma(sEURUSD, Fast, MA_Method, Price, i);
double EURUSD_Slow = ma(sEURUSD, Slow, MA_Method, Price, i);
if(!EURUSD_Fast || !EURUSD_Slow)
break;
}

then

if(EUR)
{
arrEUR[i] = 0;
if(USD)
arrEUR[i] += EURUSD_Fast / EURUSD_Slow - 1;
if(GBP)
arrEUR[i] += (EURUSD_Fast / GBPUSD_Fast) /
(EURUSD_Slow/GBPUSD_Slow) - 1;
if(AUD)
arrEUR[i] += (EURUSD_Fast / AUDUSD_Fast) /
(EURUSD_Slow/AUDUSD_Slow) - 1;
if(NZD)
arrEUR[i] += (EURUSD_Fast / NZDUSD_Fast) /
(EURUSD_Slow/NZDUSD_Slow) - 1;
if(CHF)
arrEUR[i] += (EURUSD_Fast*USDCHF_Fast) /
(EURUSD_Slow*USDCHF_Slow) - 1;
if(CAD)
arrEUR[i] += (EURUSD_Fast*USDCAD_Fast) /
(EURUSD_Slow*USDCAD_Slow) - 1;
if(JPY)
arrEUR[i] += (EURUSD_Fast*USDJPY_Fast) /
(EURUSD_Slow*USDJPY_Slow) - 1;
}// end if EUR
MetaTrader 4 - so many advantages.
  • #567
  • Aug 29, 2024 6:57am Aug 29, 2024 6:57am
Quoting RiskFighter
... I have made 2 batches today. The first was a loss and the second is in minus after 2 hours. So might not be working in todays vacation environment.
That's normal.

If you don't use my indicators, you can't make any profits...

If I have not misunderstood, if you're interested in relative strength, you can find some of my strength indicators here:
https://www.forexfactory.com/thread/...-level-trading
.
  • #568
  • Aug 29, 2024 7:28am Aug 29, 2024 7:28am
Quoting SwingMan
{quote} That's normal. If you don't use my indicators, you can't make any profits... If I have not misunderstood, if you're interested in relative strength, you can find some of my strength indicators here: https://www.forexfactory.com/thread/...-level-trading .
Exiting. I recently made a robot for the Udine thread. But it was a left hand work and I did not get it to work properly. So I will study the work you have done with great interest.
MetaTrader 4 - so many advantages.
  • #569
  • Aug 29, 2024 7:29am Aug 29, 2024 7:29am
Quoting OAPDave
{image} {image}
From time to time you can write what you are trading (entry, TP, SL, result). This is the only way I can comment.
  • #570
  • Aug 29, 2024 8:28am Aug 29, 2024 8:28am
Quoting OAPDave
...My version of Octaves with your Indicators ...
Very nice!
I think that today you are the only one who has heard of Yotov.

Maybe you can use his original theory, analyze it in the thread, and comment on what can be used in common with the last indicators.
  • #571
  • Aug 29, 2024 1:35pm Aug 29, 2024 1:35pm
Quoting OAPDave
Some range left at the moment ?
There are SmallWick signals for D1 and the slope indicator is also short (on 23, 24, 25 July and 1, 2, 3 August).

One can wait for the entry on D1 and make the trades on H1 or M15.
I don't know how to use the octaves and quarters right now and I think the GC and SW ideas are sufficient. The GC Stochastic is also useful.
  • #572
  • Aug 30, 2024 7:47am Aug 30, 2024 7:47am
Quoting SwingMan
{quote} There are SmallWick signals for D1 and the slope indicator is also short (on 23, 24, 25 July and 1, 2, 3 August). One can wait for the entry on D1 and make the trades on H1 or M15. I don't know how to use the octaves and quarters right now and I think the GC and SW ideas are sufficient. The GC Stochastic is also useful.
I laid the final hand on a project today. So in the weekend I will take up the Small Wicks project. Weekends are not ideal for coding because of servers are not functioning all the time, but I can start it up. So sometime tuesday or wednesday I guess I will have the first shot.
MetaTrader 4 - so many advantages.
  • #573
  • Aug 30, 2024 9:08am Aug 30, 2024 9:08am
Quoting RiskFighter
{quote} I laid the final hand on a project today. So in the weekend I will take up the Small Wicks project. Weekends are not ideal for coding because of servers are not functioning all the time, but I can start it up. So sometime tuesday or wednesday I guess I will have the first shot.
So glad to here that
Will my Robot be arriving via
UPS, Fed Ex, Amazon or even other means ?
  • #574
  • Aug 30, 2024 2:21pm Aug 30, 2024 2:21pm
Quoting OAPDave
{quote} So glad to here that Will my Robot be arriving via UPS, Fed Ex, Amazon or even other means ?
That is a problem, but you could start by reading the PM I sent you.
MetaTrader 4 - so many advantages.
  • #575
  • Aug 31, 2024 4:41am Aug 31, 2024 4:41am
Quoting RiskFighter
{quote} That is a problem, but you could start by reading the PM I sent you.
Thanks for the reply
I am very happy just being a manual trader
keep anything that I have contributed
as a Gift
  • #576
  • Sep 8, 2024 5:58am Sep 8, 2024 5:58am
Quoting SwingMan
{quote} There are SmallWick signals for D1 and the slope indicator is also short (on 23, 24, 25 July and 1, 2, 3 August). One can wait for the entry on D1 and make the trades on H1 or M15. I don't know how to use the octaves and quarters right now and I think the GC and SW ideas are sufficient. The GC Stochastic is also useful.
I used some hours on the SmallWick strategy, but did not get close to anything and in parallel I planned a personnal race trading. So I have to put the SmallWick aside for some time while I am concentrading on trading and only trading.

But don't I have robots to do that - yes partly, but I need to be present and decide what to trade where, when and how. And I need to secure that robots are still following the trend. Then the robots does the work. Take the trades, make the exits and stop trading for the day, when daily goal is reached.

I bought one more Prop account, so I will be trading 3 accounts. It will require my precense 100%.
MetaTrader 4 - so many advantages.
  • #577
  • Oct 9, 2024 10:08am Oct 9, 2024 10:08am
This is nice indy, I just started to use it with
TMA+CG Fast TT
developed by Tankk, 15 min chart, works like charm, setting for TMA+CG Fast TT is 50.
Attached File(s)
File Type: mq4 TMA+CG Fast TT.mq4   33 KB | 355 downloads
  • #578
  • Edited 5:17pm Jan 12, 2025 4:40pm | Edited 5:17pm
So there have been a lot of talk on this thread that was out of the subject. Fine, I am happy when people are talking.

But the purpose of this thread is to have a wise guess of the trend direction and which pairs are trending the most. If you can guess which way the pairs will trend - on beforehand, then any strategy will make you money.

I like to trade a batch of the Forex pairs. But it is hard to analyze all 28 pairs, so this is a way to make a short cut and remove pairs that are not trending even before I begin my analysis.

So this is my latest take. I measure the status on EMA20, EMA50 and EMA100. This robot will colour the background of the screen:

  1. Black if those MA's are not lining in a trend direction.
  2. Green if trend is Long.
  3. Blue if trend is Long AND all 3 EMA's did go up compared to the day before.
  4. Pink if trend is Short.
  5. Maroon if trend is short AND all 3 EMA's did go down compared to the day before.

The idea is to set timeframe on all pairs to daily. Then you can spot which pairs were trending the day before. All not trending pairs has no interest. If many pairs are trending, you can pick the best by chosing charts with colours blue or maroon.

I have a Profile with all the pairs that I might be interesting in trading. That will be the 28 Forex pairs, but it could be anything. All charts that are black i close. And if there is a lot of trending, then I also close all pink and green charts. Then I am left with pairs that are trending and the EMA's on those pairs were rising or falling yesterday. NOW I can make a TopDown analyzing on those chosen pairs and select the ones I want to trade today.

This was just a quick robot I made. I might improve.

If you find the robot usefull, then leave a comment before downloading.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 100 KB
Attached File(s)
File Type: ex4 CrystalBall_1.ex4   8 KB | 306 downloads
MetaTrader 4 - so many advantages.
  • #579
  • Jan 15, 2025 12:42am Jan 15, 2025 12:42am
This is todays situation on the Daily timeframe. I will investigate further the Darkblue and the Maroon instruments in a topdown analyze.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 106 KB
MetaTrader 4 - so many advantages.
  • #580
  • Jan 17, 2025 10:44am Jan 17, 2025 10:44am
Hi RiskFighter,

I like that handle as we should all be risk fighters. Do you consider the %R to be somewhat of a leading indicator? How has results been so far using the method as you described? Best of trades to you, my friend.
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