need a programmer to program an alert for double tops and double bottoms | Forex Factory

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need a programmer to program an alert for double tops and double bottoms

  • #1
  • First Post: Jul 1, 2008 12:46am Jul 1, 2008 12:46am
Need a programmer to program an alert for double tops and double bottoms,
if possible.
  • #2
  • Jul 1, 2008 8:10am Jul 1, 2008 8:10am
I think it's allmost impossible to program... But it's only a guess...

Why not use your eyes ? Double top/bottom do not occur all the time anyway.
  • #3
  • Jul 1, 2008 11:41am Jul 1, 2008 11:41am
If you're an IBFX client, check out their Pattern Recognition System:

https://secure.ibfx.com/Tools/PRS/Default.aspx
Dave
  • #4
  • Jul 1, 2008 4:46pm Jul 1, 2008 4:46pm
Quoting pipany
Need a programmer to program an alert for double tops and double bottoms,
if possible.
pipany,

Define a top and a bottom.

lucidlamp
  • #5
  • Jul 4, 2008 2:31am Jul 4, 2008 2:31am
Quoting lucidlamp
pipany,

Define a top and a bottom.

lucidlamp

The double top formation is identified as a distinctive chart pattern revealing a rally to new high followed by a moderate retreat which is then in turn followed by a second rally in which to test the new high.
  • #6
  • Jul 4, 2008 6:47am Jul 4, 2008 6:47am
Pipany, lucidlamp meant define double top Mathematically or Quantitatively

What you gave was a Qualitative definition.

In the programming world, our EAs and Indicators look for specific mathematical pattern in the markets to make their calculations. What then, should be the calculation be to determine a double top or double bottom or other chart pattern? A couple things of note:

 

  1. Bar Distance

    1. How many bars apart should the tops be?

  2. Price level

    1. How does the indicator determine what price to pick and look for tops?

Once you can answer those questions, then some of the programmers here can write an indicator/EA for you.

  • #7
  • Jul 7, 2008 5:57am Jul 7, 2008 5:57am
Quoting DaveL
If you're an IBFX client, check out their Pattern Recognition System:

https://secure.ibfx.com/Tools/PRS/Default.aspx
Thanks for the information.

Pipany
  • #8
  • Jul 7, 2008 8:23am Jul 7, 2008 8:23am
This is the stochastic cross EA you were asking about.
Attached File(s)
File Type: mq4 StochasticAlert.mq4   11 KB | 906 downloads
  • #9
  • Jul 8, 2008 8:01am Jul 8, 2008 8:01am
Quoting Ronald Raygun
Pipany, lucidlamp meant define double top Mathematically or Quantitatively

What you gave was a Qualitative definition.

In the programming world, our EAs and Indicators look for specific mathematical pattern in the markets to make their calculations. What then, should be the calculation be to determine a double top or double bottom or other chart pattern? A couple things of note:

  1. Bar Distance

    1. How many bars apart should the tops be?

  2. Price level

    1. How does the indicator determine what price to pick and look for tops?

Once you can answer those questions, then some of the programmers here can write an indicator/EA for you.

Hi, my partner and I are trying to figure this out. I will get back to you on this. we appreciate your help.



We would also like to know the charge for the StochasticEA.

thank you
  • #10
  • Jul 8, 2008 8:20am Jul 8, 2008 8:20am
It's posted in the public domain. That EA's free of charge.
  • #11
  • Last Post: Jul 10, 2008 5:25am Jul 10, 2008 5:25am
Quoting Ronald Raygun
It's posted in the public domain. That EA's free of charge.
Thank you for all your help.
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