Pattern-Finding EA

Hello zooky, this looks good. Please, are you using the same settings for all TFs, or something different? Many thanks

I noticed that prediction changes a lot specially on m15/h1 so it's almost impossible to follow

Hi SerbSerb thanks for the great stuff you are churning out here please i just want to know if this indicator can be married to the attached one so as to work together then i will be thrilled if you can input alert into your indicator such that when theres a buy move someone is alerted and is there a way an entry could be included?.The attached is an old one done by CJA but it has gone through some modification as well with ENTRY STOP AND TP OF 20PIPS but i will now want your indicator to supply the take Profit.I have attached 2 of the same indicator one is the modified version and the other is the actual one screenshots also attached.RgdsAttachment GAttachment GAttachment 4Attachment 4

That's sad Zooky, but in GBPUSD where you had a correlation between M15, H1 and H4 that signal for buy looks promising

you in control here lol? just started coding 5 months ago?

I tried to help(with excellent results) but this thread was hijacked--------good luck to all

1. Zooky you mentioned that it was inconsistent comparing results from lower timeframes to higher ones, this is because of the nature of the algorithm used. It is recommend for 1H time frame or higher. I should have included a better translation for Murad's post in my first post as well, check it out here:
   1. Indicator Description:
      The indicator forecast is based on the history of the pair. By taking the specified interval (12 bars by default), we go back to the past by comparing the candle closing sequence. By accumulating the right number of the most similar samples (by default, 5), we project the price movement that has taken place in history after all the samples found so far. Real bars, on top of each other, form a corridor of possible price movement.
      Tips for using the indicator:
      Indicator parameters are specified for H1 timframe ("clock"), and it is recommended by the author as the main;
      the prediction can be distorted on the X axis. For example, when predicting 4 bar forward (ForecastInBars = 4) and a tolerable distortion (VarShiftInBars = 4), the forecast can be executed in the next eight bars;
      The proposed trade board of the indicator makes sense only immediately after opening a new candle. It is based on only one of many possible trade strategies. Disconnect it if you interpret the forecast yourself.
      Note:
      It's better to put an indicator on a ready-made swapped graph. If the LED is already pinned and you switch the timframe or currency pair and MT4 pumps history to show the new chart, the drawn corridor may disappear from the screen. There's nothing wrong with that, you have to switch to any other time frame and right back.

2. Thank you for testing and hopefully you will like the next update plus at the bottom of this post I mention how the 365 day data set you think the indicator is using is actually using only 35% of that which is 127 days so the prediction is not as accurate as it should be!

1. MQL4/5 is a very limited version of C++, and its standard library is a clone of Microsoft Foundation Class Library. Most MQL4 programs have not adapted to the MQL5 (Object Oriented) style yet unfortunately. I am assuming python is your first language you are learning so in the long term starting C++ will help you in Python, MQL or any other language.

1. Unfortunately the attachment does not work. However I am currently trying to produce the best results for the wmifor indicator and cannot help you with your indicator at the moment.

1. Your "help" has been 7 short comments with no results or any information. It took me a few hours to just step through the code, find the problem and fix it so others can test the indicator. I am 3rd year university for computer science in C++. 5 months ago I discovered MT4 and its possibilities so I took it upon myself to get into it. I've made a lot of EA's but I never stated if they were any good or if I even finished them. I never stated that I was in control. I just came across this post and became inspired to creatively use my experience. I continue to learn more and this community has helped a lot.

Murad's code is nice but limited to the memory of its data types. The compiler can only reserve what happens to be no more than 512kb. This means i have to try a data type that dynamically grows and in MQL4 I think that seems to be done four ways: buffering arrays, static variables, Dynamic Arrays, or building a simple class object. Going static is obviously lazy and not efficient plus the memory is pre-allocated anyways and initialization is performed right after the program is loaded. I'll try the dynamic array then just building an object. Still learning about the buffers and its limitations however this post has been a huge help! https://www.forexfactory.com/thread/...-arrays-in-mql. MQL4 at least always passes arrays, structure type variables and class objects by reference into functions by default which is nice.

This is important because the settings say it takes in a time period of 365 days but technically in the code it originally had that space however Metatrader doesn't return an error or anything just a warning in the MetaEditor and for the user a blank screen. This gives the representation that its broken or buggy so my first post was reducing the working data set to only 35% of the original full 365 day dataset the user thinks the indicator is using. Using dynamic array with resizing or class object should break that stupid memory problem MQL has. I am still learning and hope to have a sweet update for everyone soon!

This look good... Is mt5 version on the list?

That’s a very informative and interesting article. It's amazing, I like your idea. Such a neat idea is not usually seen. You have described it in a wonderful way.

As a naked chart price action trader, it's always interesting to see all the other things people can use to trade for similar results.

Today results

Hi all,

I come across to this thread due to the DTW algorithm using in the EA / Indicator in this thread.
I cannot open a new thread to raise my question since I am new to this forum. Following is something I would like to discuss.

I have an Indicator created using DTW and correlation to classify the time series data. There is an issue I found related to the DTW algorithm.
When the pattern is long, the DTW score will become bigger and bigger. Also, the distance metric I am using is Euclidean Distance, when I am measuring the distance between 2 chart bar, (Open High Low Close), that is a 4 dimension space. It turns out that it is harder to distinguish the similarity between different patterns since a small change of the value can represent a big different.

I would like to see if there is a better way to implement the DTW algorithm for similar pattern finding purpose.

Here are some screen shot to show how my indicator works:

Step 1 - Build the database for pattern recognition

1. Select the indicator mode
   1. Attached Image

      

2. Select the pattern
   1. Attached Image (click to enlarge)

      
      

3. Database created
   1. Attached Image (click to enlarge)

      
      

Step 2 - Pattern checking

1. Change Indicator mode
   1. Attached Image

      

2. User can check the pattern
   1. Attached Image (click to enlarge)

      
      

Step 3 - Live

1. Change Indicator mode
   1. Attached Image

      

2. Live classifying
   1. Attached Image (click to enlarge)

      
      

I was using this pair only on XAUUSD with 1.5 ration. It's giving good result.

Please can you explain ,HowHow did you install it and what settings did you use can you elaborate on that and how you execute and ris reward etc

I used the EA from the first page and activated live trading on XAUUSD. I kept the SL set by the bot and set a fixed TP at 1.5 times the SL. No other changes

Thanks for sharing,I would like to know if you deployed that ea on mt4 or mt5 and which broker do you use for demo,if you use mt4 where can I download it from like yours
Thank you for your time and knowledge
Would like to know which time frame u used and if dad trades depends on our time frame for sellection

Tryed to backtest it yesterday from the beginning of this year with RR 1.5 on XAUUSD on all timeframes and the result was rather poor. The best result was on H1 but the thing is that first two month it was in good plus but then returned to its intial balance with a little +. By the way the worst result on XAUUSD was RR 1 on m30))