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Trend Follower 5 Minute System

  • #1,541
  • Mar 20, 2008 3:11pm Mar 20, 2008 3:11pm
EA uses one leg of 0.8. You can run in your own template which you sent me.

Quoting ACartwright
Tadinda and Skyscraper,

By the way I have no lags on the templete/EA is that correct?

Al
  • #1,542
  • Mar 20, 2008 3:13pm Mar 20, 2008 3:13pm
Quoting ACartwright
Tadinda and Skyscraper,

By the way I have no lags on the templete/EA is that correct?

Al

Hi Al,

I have just tested teh template I sent you and can confirm the lags are there. I think maybe you do not have teh Lag indicator installed. Do not know if my reasoning is corect as I am not technical.

I am attaching it here for you anyway. Please remeber the settings. The short term is 0.66 and the longer term is 0.8.

Tadinda
Attached File(s)
File Type: mq4 Laguerre.mq4   3 KB | 821 downloads
  • #1,543
  • Mar 20, 2008 3:17pm Mar 20, 2008 3:17pm
Tadinda,

This is going to be the last post of today as it is getting late and my eyes are hurting!!!!!

What would you think to multiple entries on one continuous down/up trend.

I.E for short:

Sell at top and exit on a consolidation and then Sell again on next move down and exit at bottom before reversal.

Al
  • #1,544
  • Mar 20, 2008 3:18pm Mar 20, 2008 3:18pm
Quoting Dutchy
Hi Tadinda, and others

Yeah, noticed some activity , Im behind reading ..

The code where InvestorTrend is defined has not changed in the new EA.
Was wandering if the crossovers made any difference, as I argued in page 98

I believe the crossover definition as stated in mq4 is wrong, but hey, its just me

Any ideas ?.

Dutchy

Hello Dutchy,

I think you should discuss your cross over theory with Skyscraper as he is the technical genius who has produced this EA for us.

As regards to coding I belive that Skyscraper had stated that he used the work of others but made it neater and much more user friendly and workable.

Tadinda
  • #1,545
  • Mar 20, 2008 3:21pm Mar 20, 2008 3:21pm
Quoting ACartwright
Also some have pivot points and others do not!

Is that going to be a problem?

Al

Al I had removed the Pivot POints from the Original Wicker becasue to me they were very confusing. Now I just use Fibonaci Pivots.

I am attaching the Indicator for you as well.

Tadinda
Attached File(s)
File Type: mq4 Fibonacci Pivots.mq4   5 KB | 865 downloads
  • #1,546
  • Mar 20, 2008 3:23pm Mar 20, 2008 3:23pm
Quoting skyscraper
Your suggestion regarding drawling line between TP and SL. it should be with EA. Run it till tomorrow and give me all your feedback.

Thanks Once again Skyscraper.

Will follow with my thoughts tomorrow evening.

Tadinda
  • #1,547
  • Mar 20, 2008 3:27pm Mar 20, 2008 3:27pm
Quoting ACartwright
Tadinda,

This is going to be the last post of today as it is getting late and my eyes are hurting!!!!!

What would you think to multiple entries on one continuous down/up trend.

I.E for short:

Sell at top and exit on a consolidation and then Sell again on next move down and exit at bottom before reversal.

Al
Sorry to keep you up AL. I am in Malta which is GMT +1 so I still ahve some more hours here.

I think it is a great idea. Especially if one trade closes and a new trade is opened. I am saying this becasue I had read in earlier threads that there was an EA which was producing multiple trades and ruining the account.

May I also suggest we seek the expertise of Skyscraper on this as well. But to my mind I think it is a great idea.

Tadinda
  • #1,548
  • Mar 20, 2008 3:27pm Mar 20, 2008 3:27pm
Quoting Dutchy
Hi ACartwright

Great addition to the forum. Two questions

1) Do you have the candle formulas (e.g candle name)

Im using EOD.

2) Do you have any idea or experience with parameter setting for EOD trading ?

Cheers,
Dutchy
Dutchy,

I have no experience for EOD trading or candle formulas.

I am not that technical more obeservational to trading situations.

If you can give me a heads up - try to be as simple as possible (I wont take offense) and I will try to help as much as possible.

I will continue to post MT4 screenshots to as many situaitons as possible.

Al
  • #1,549
  • Mar 20, 2008 3:30pm Mar 20, 2008 3:30pm
Quoting tadinda
Hello Dutchy,

I think you should discuss your cross over theory with Skyscraper as he is the technical genius who has produced this EA for us.

As regards to coding I belive that Skyscraper had stated that he used the work of others but made it neater and much more user friendly and workable.

Tadinda

Thanks for repy

@Skyscraper: would you happen to have idea about the definition of the Guppy Trend? In page 98 I noticed, while crawling through the mq4 code, that there may be some finetuning needed on the EMA crossover definitions.
The signals shown now are too early by the definiton as stated by the Wicker: all Red must be over all Green. The mq4 does not reflect that.

Cheers, Dutchy
  • #1,550
  • Mar 20, 2008 3:31pm Mar 20, 2008 3:31pm
Quoting tadinda
Hi Al,

I have just tested teh template I sent you and can confirm the lags are there. I think maybe you do not have teh Lag indicator installed. Do not know if my reasoning is corect as I am not technical.

I am attaching it here for you anyway. Please remeber the settings. The short term is 0.66 and the longer term is 0.8.

Tadinda
Tadinda,

I have the lag indicator on all my other charts.

But it is not coming through on this template.

Any comments would be appreciated.

Al
  • #1,551
  • Mar 20, 2008 3:36pm Mar 20, 2008 3:36pm
Guys,

I have also noticed that my template has set the DMI on a 21 period.
Al
  • #1,552
  • Mar 20, 2008 3:38pm Mar 20, 2008 3:38pm
Quoting ACartwright
Tadinda,

I have the lag indicator on all my other charts.

But it is not coming through on this template.

Any comments would be appreciated.

Al

Am sorry AL. Do not have a solution for you. Maybe you can do one of two things.

1. Install the Lag Indicator I sent you.
2. Check the colours of the Lag Indicators....maybe they are being camoflaged.

Sorry mate but like yourself am not technical at all.

Wish I cna be of furrther help.

Tadinda
  • #1,553
  • Mar 20, 2008 3:42pm Mar 20, 2008 3:42pm
It will not open multiple trade. It will close the one which is running and then only it will open the other one.
So, if you are in buy order, and you get a signal for sell. It will close the buy order and open a sell order for you.
Also it uses magic number. So you can run multiple EA on different chart with different magic number with it.
Quoting tadinda
Sorry to keep you up AL. I am in Malta which is GMT +1 so I still ahve some more hours here.

I think it is a great idea. Especially if one trade closes and a new trade is opened. I am saying this becasue I had read in earlier threads that there was an EA which was producing multiple trades and ruining the account.

May I also suggest we seek the expertise of Skyscraper on this as well. But to my mind I think it is a great idea.

Tadinda
  • #1,554
  • Mar 20, 2008 3:44pm Mar 20, 2008 3:44pm
Quoting ACartwright
Guys,

I have also noticed that my template has set the DMI on a 21 period.
Al

Al,

I am sending you a new template.

I have checked all of your queries on it and can confirm taht they are all solved on this template.

What I have done is use the EA of Skyscraper, the very latest one, and disabled the ADX filter.

Checked teh Lags again

And cjecked the Period (which should be 8) for the ADX.

Hope all goers well for you and sorry to keep you up.

Tadinda
Attached File(s)
File Type: tpl templateforal.tpl   23 KB | 727 downloads
  • #1,555
  • Mar 20, 2008 4:01pm Mar 20, 2008 4:01pm
Quoting skyscraper
It will not open multiple trade. It will close the one which is running and then only it will open the other one.
So, if you are in buy order, and you get a signal for sell. It will close the buy order and open a sell order for you.
Also it uses magic number. So you can run multiple EA on different chart with different magic number with it.

Thanks for teh explanation Skyscraper.

However let me say something so that we will not get all confused (by all I mean myself).

1. I know your EA does NOT do multiple trades. That is, if a trade is already open then it will not open a second one if a tested trade for the same pair comes in in the same direction.

2. I am assuming (and I think quite correctly within the ambit of the logic which you have correctly used) that if a tested trade comes in against an open position (ie in the different direction), it would close the first trade and open the new one. Great work there Skyscraper.

3. My post to Al reagrding this was becasue we have started to discuss exits. And one thing which I knew from earlier posts and earlier EAs was that a number of trades where being opened in the same direction just becasue a new signal comes in.

4. Al suggested, if I am interpreting him correctly is the following:

a. a tested trade comes in to go say Short.
b. We take this trade.
c. We keep it until consoldiation phase.
d. Exit strategy at consolidation pahse is to close this trade and open a trade in the opposite direction to pick up on the retracement (therefore a buy trade). Once the retracement is finished, we will pick up a new short trade going in the original short direction.

That is my understanding of Al's post and if we can get there technically I think we (meaning Al and Skyscraper) would be geniuses as it would be as close to the holy grail as possible.

My comments on this.

The current EA does all this for us. But, each and every trade has to be tested. As clarified by Skyscraper in his post. However, I do not think that this is what Al had in mind in his suggestion. Becasue the second and third trades, as explained above, my not pass the current tests. I believe new tests have to be xreated and explored to tackle teh consolidation phase and the retracement phase. If this is technically feasible I do not know.

I do hope I have explained myself correctly.


Tadinda
  • #1,556
  • Mar 20, 2008 4:02pm Mar 20, 2008 4:02pm
Guys

While trying other parameters I ran into this, might be worth a try

"Not so squeezy - Trading Manual.pdf" elsewhere on this forum.

Dutchy
  • #1,557
  • Mar 20, 2008 4:04pm Mar 20, 2008 4:04pm
Quoting Dutchy
Guys

While trying other parameters I ran into this, might be worth a try

"Not so squeezy - Trading Manual.pdf" elsewhere on this forum.

Dutchy

Dutchy,

Can you post it as an attachment. It will save us a lot of time in going through the posts to find it please.

Ta dinda
  • #1,558
  • Mar 20, 2008 4:10pm Mar 20, 2008 4:10pm
Hello All,

I have set up all the charts to work with the latest EA from Skyscraper which includes the ADX filter.

They are already running.

Since we are just testing I shall leave them to work as intended even during the night. Even though this is against original wicker rules. However, we will have more data by letting it run during the night to study and comment.

Also I have added two new pairs. USD CAD and EUR CAD. I know the wicker has suggested we avoid CAD, but I thought I just include them anyway just to see what happens.

Thanks all for the great work so far.

Tadinda
  • #1,559
  • Mar 20, 2008 4:38pm Mar 20, 2008 4:38pm
Quoting tadinda
Dutchy,

Can you post it as an attachment. It will save us a lot of time in going through the posts to find it please.

Ta dinda


Check

http://www.forexfactory.com/showthread.php?t=6233
This Bollinger sqeeze is nice

Dutchy.
  • #1,560
  • Mar 20, 2008 5:34pm Mar 20, 2008 5:34pm
I am getting very confused trying to work out why I wasn't confused before all the recent activity designed to make it less confusing but now I am confused...
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