{quote} oh look!!! me got a yellow thingy next to my profile name, one that shines{image}
14 or 8?
Trying to learn how to learn how to teach a robot how to learn
- #10,282
- Apr 26, 2025 4:10am Apr 26, 2025 4:10am
{quote} Hi Roscearm, nice trade on Gold! on your right side of the pic, are these fib levels? Or what kind of levels are these? Tks as always.
Find a strategy that works consistently and then trading becomes easy.
- #10,284
- Apr 26, 2025 9:57am Apr 26, 2025 9:57am
{quote} RSI is still set to 8 but smoothing I am trying out with a length of 21 & EMA type. {image}
I made an Indicator that took the average position of all 3, the two stochs and the rsi, and it plotted only that line as a zero cross. Didn't really work out.
BUT what it did teach me is how important that RSI is and what it's been doing in the past like 20 candles. Has it been slowely going up? Slowely going down? Divergences? Convergences?
Actually the whole thought of dissecting and trying to change the method ever so slightly taught me a lot about the importance of each one lol.
I always end up going back to the original
I run the original concept on topstep
But on tradingview demo I'm constantly trying different little things throughout the day.
Trying to learn how to learn how to teach a robot how to learn
- #10,286
- Apr 27, 2025 12:07am Apr 27, 2025 12:07am
{quote} Please ignore these lines as these are old habits
(TV wouldnt let me publish the Strategy using heiken ashi candles, thats why the candles are jap candles) But I use heiken ashi 100%
There is a link to the Strategy I use for this. It gives me alerts when mi at work on my phone. Then I check the chart and see if I want to take the trade or not.
I added the RSI MA as a filter for longs only above the 50 and shorts with the RSIMA only below the 50.
From what that shows me that's NOT the way to use it lol.
So I'm not sure how your using it. Id really like to know cause then maybe I can code those conditions into the script instead of it being like the macd signal. But then again that IS the conservative way of using macd. Longs only above and shorts only below with the signal
I guess since I'm here Ill also go through the list of other things I've added to attempt to filter out bad trades.
ADX-- was the best out of all of them. No trades below 25. Problem was that it didn't pick up those nice, beautiful trades at the beginning of the trend. So alot of the big winners were missed by ALOT.
200-50 SMA, EMA, WMA, VMA, RMA, HMA,-- I tried them all. I coded in a drop-down menu that allowed me to choose between the different MA's along with the period. None of them proved to be any benefit. I understand the whole don't trade longs below the 200 and vs versa, but hell some of my BEST longs and shorts have been from crossing over the 200 MA lol.
Super trend-- Only longs during green and only short during red. Again, missed a lot of the signals. DEFINETLY caused ALOT of lag. Threw that out quickly.
Volume-- This one wasn't bad. Volume filter as in only take trades when volume bars are above the MA (20) But sometimes nice runs come with low volume too. Specially between the London open and Newyork open on Nasdaq and gold futures.
Chopiness index-- Sucks.
ADR-- Sucks.
I've tried many more. Granted I've done a few of them live, but mostly I stick with just the back testing. See how it works over a set period of time. Seems like nothing really comes close to the original method. Thumbs up to Robinhood wherever the hell he is at for creating this.
I try and try to get some extra confluence. A way to get rid of that chop that we all inevitably face one time or another. So far all I've found is ways to knock down my big trades and not make me any more profitable in the long run.
Trying to learn how to learn how to teach a robot how to learn
- #10,289
- Apr 27, 2025 1:52am Apr 27, 2025 1:52am
{quote} https://www.tradingview.com/script/9...-Stoch-RSI-MA/ (TV wouldnt let me publish the Strategy using heiken ashi candles, thats why the candles are jap candles) But I use heiken ashi 100% There is a link to the Strategy I use for this. It gives me alerts when mi at work on my phone. Then I check the chart and see if I want to take the trade or not. I added the RSI MA as a filter for longs only above the 50 and shorts with the RSIMA only below the 50. From what that shows me that's NOT the way to use it lol. So I'm not sure...
You pretty much sum up why making an automated Bot which is profitable is (close) to impossible.
BUT
The Goal is (or should be) to make sure your System catches MOST of those Banger Trades that you would also take in your manual Trade (The A+ Setups) while trying to remove the complete garbage Setups, so you dont waste your time on those.
Set an Alert. Watch your Charts when your Phone Rings and now decide based on your Charting experience whether the Setup is worth to take.
Traders HAVE to be flexible, so do your Scripts/Systems. The more stuff you add to filter out Trades.. the less flexible the System gets and then you just got unreliable junk which filters out Trades you would usually take 10 out of 10 times.
Scripts/Systems are there to WARN you that there is a POTENTIAL Entry coming. The decision maker should be always you. Not the System.
Thanks for sharing the code! Will play with it
Edit: An easy way to make things more profitable is let it allow only to trade during certain sessions.
- #10,290
- Apr 27, 2025 7:50am Apr 27, 2025 7:50am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} I have tried every indicator on earth and coded some more. You pretty much sum up why making an automated Bot which is profitable is (close) to impossible. BUT The Goal is (or should be) to make sure your System catches MOST of those Banger Trades that you would also take in your manual Trade (The A+ Setups) while trying to remove the complete garbage Setups, so you dont waste your time on those. Set an Alert. Watch your Charts when your Phone Rings and now decide based on your Charting experience whether the Setup is worth to take. Traders...
Why do people spend so much time looking for the perfect indicators when the OP has already provided the two templates in post #1.
Just read, study and learn from his post. use template #1 on Daily and trade the continuation, and use template #2 for entries on lower timeframe.
On the Daily, you only trade ONCE a day in the direction of the Stoch(8,3,3), Stoch(14,3,3) and RSI (14). These are the common indicators in use here. No need to spend more time "in search of the holy grail TV scripts and indicators".
Just test with your Money Management strategy and with a minimum Risk to Reward of 1 to 3.
Here is any example with XAUUSD,
you can make good money risking $500 per trade.
you can make good money trading both "Good and Bad Markets"
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,291
- Apr 27, 2025 7:54am Apr 27, 2025 7:54am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Why do people spend so much time looking for the perfect indicators when the OP has already provided the two templates in post #1. Just read, study and learn from his post. use template #1 on Daily and trade the continuation, and use template #2 for entries on lower timeframe. On the Daily, you only trade ONCE a day in the direction of the Stoch(8,3,3), Stoch(14,3,3) and RSI (14). These are the common indicators in use here. No need to spend more time "in search of the holy grail TV scripts and indicators". Just test with your Money Management...
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,292
- Apr 27, 2025 7:56am Apr 27, 2025 7:56am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,293
- Apr 27, 2025 8:02am Apr 27, 2025 8:02am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
{quote} Why do people spend so much time looking for the perfect indicators when the OP has already provided the two templates in post #1. Just read, study and learn from his post. use template #1 on Daily and trade the continuation, and use template #2 for entries on lower timeframe. On the Daily, you only trade ONCE a day in the direction of the Stoch(8,3,3), Stoch(14,3,3) and RSI (14). These are the common indicators in use here. No need to spend more time "in search of the holy grail TV scripts and indicators". Just test with your Money Management...
MARKET TREND
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,295
- Apr 27, 2025 8:31am Apr 27, 2025 8:31am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,296
- Apr 27, 2025 8:34am Apr 27, 2025 8:34am
- Joined Nov 2008 | Status: Trader | 50,196 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #10,297
- Apr 27, 2025 12:36pm Apr 27, 2025 12:36pm
{quote} Why do people spend so much time looking for the perfect indicators when the OP has already provided the two templates in post #1. Just read, study and learn from his post. use template #1 on Daily and trade the continuation, and use template #2 for entries on lower timeframe. On the Daily, you only trade ONCE a day in the direction of the Stoch(8,3,3), Stoch(14,3,3) and RSI (14). These are the common indicators in use here. No need to spend more time "in search of the holy grail TV scripts and indicators". Just test with your Money Management...
I enjoy trading this strategy!
I also enjoy tinkering!
Not much plagiarising going other than the fact people are sharing things for others to use and enjoy.
I've done it. Hell I've gone back 20pages these tradingststems threads. Copied and pasted and had chat gpt whip up a code for me to put into tradingview and give it a try. I use chatgpt aswell, also I have a coding background and know how to code. What's wrong with using a tool that knocks down 57thousand hours of work???? You have any idea how many strategies and indicators I've made based off other people's work on here?? It's not plagiarising, it's keep it alive!
It's been a hobby!
I do 100% agree with cog.. not sure why you felt the need to jump into this thread and start all this. Were we not just having a simple conversation about things to do not work and do work? How the fuck do you think Robinhood got where he is? Listening to fucks like you who try and say don't discuss things? Nah, he tinkered. For years.
LET US TINKER!!!
Robinhoods own words on first page:
"My hope is that other traders will recognize the power of these templates and contribute even more ways to trade them, hopefully in ways even more effective than I have presented, and that they help traders make a lot more money trading the Forex."
He never says don't try and do anything extra. This isn't the daily high low strategy that has a very strict set of rules with rules planely stating do not add or subtract anything.
We obviously have recognized the power of these indicators, as I stated in my post that it's hard to find something to make it better.
I will never stop looking for the holy grail
'cuz I'ma find it!
Just cause everyone who has come before me has failed to find the holy Grail, and want to bring me down with their unsuccessful ways Ain't gonna work.
I'ma find that bitch.
And when I do...
Ain't sharing it wit you
So, be gone with yoself! Don't need that type of attitude in here. We just chillin having a good time. Go hate your life somewhere else please
Trying to learn how to learn how to teach a robot how to learn
- #10,300
- Apr 27, 2025 1:10pm Apr 27, 2025 1:10pm
{quote} 1. I edited my post, because I kept it to a single sentence. But then decided to write a little more as I noticed you made 3posts in a span of a few minutes. I didn't delete anything. I added that you are an idiot. 2. I have said in both threads that I am right now having a normal full-time job. Lol. 3. I am trading a live account which I show fully transparent on here. Yes its a small account, is that something to make fun off? Whether I trade a 50k Account "live" on here or a 500€ doesn't change the Trades I am taking on it. Compared to...
Hey back to our original convo. I don't wanna post a strategy here that doesn't follow the method. But if you click on my TV profile and go to scripts. Check out the VOBnazzy. That's a strategy I made tailed for NASDAQ. That one has trading window times n everything built into it(if believe). I definitely noticed a good and bad in regards to timing.
I like to take the entire 2 year strategy report and upload that to GPT. Helps analyze things that I wouldn't catch. The big one was these very specific scalping windows around market opens and their perspective lunch times.
Trying to learn how to learn how to teach a robot how to learn