Simple Trading Method with trader101

Quoting EAprogrammer

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I just read the first post and think there is something we can do. Will test later.

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#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Yellow

double Profit[] , GbpUsd[] ,EurGbp[] ,GbpJpy[] ,UsdChf[] ,NzdUsd[] ,AudJpy[] ,EurJpy[] ;
//+-----------------------------------------------------------------------------------+
int init()
{
IndicatorBuffers(4);
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,Profit);

SetIndexBuffer(0,GbpUsd);
SetIndexBuffer(1,EurGbp);
SetIndexBuffer(2,GbpJpy);
SetIndexBuffer(3,UsdChf);
SetIndexBuffer(4,NzdUsd);
SetIndexBuffer(5,AudJpy);
SetIndexBuffer(6,EurJpy);
ArrayInitialize(cGbpUsd,EMPTY_VALUE);
ArrayInitialize(cEurGbp,EMPTY_VALUE);
ArrayInitialize(cGbpJpy,EMPTY_VALUE);
ArrayInitialize(cUsdChf,EMPTY_VALUE);
ArrayInitialize(cNzdUsd,EMPTY_VALUE);
ArrayInitialize(cAudJpy,EMPTY_VALUE);
ArrayInitialize(cEurJpy,EMPTY_VALUE);
ArrayInitialize(oGbpUsd,EMPTY_VALUE);
ArrayInitialize(oEurGbp,EMPTY_VALUE);
ArrayInitialize(oGbpJpy,EMPTY_VALUE);
ArrayInitialize(oUsdChf,EMPTY_VALUE);
ArrayInitialize(oNzdUsd,EMPTY_VALUE);
ArrayInitialize(oAudJpy,EMPTY_VALUE);
ArrayInitialize(oEurJpy,EMPTY_VALUE);
ArrayInitialize(Profit,EMPTY_VALUE);
return(0);
}
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
//+------------------------------------------------------------------+
int start()
{
ArrayCopySeries(cGbpUsd,MODE_CLOSE,"GBPUSDm",Period());
ArrayCopySeries(cEurGbp,MODE_CLOSE,"EURGBPm",Period());
ArrayCopySeries(cGbpJpy,MODE_CLOSE,"GBPJPYm",Period());
ArrayCopySeries(cUsdChf,MODE_CLOSE,"USDCHFm",Period());
ArrayCopySeries(cNzdUsd,MODE_CLOSE,"NZDUSDm",Period());
ArrayCopySeries(cAudJpy,MODE_CLOSE,"AUDJPYm",Period());
ArrayCopySeries(cEurJpy,MODE_CLOSE,"EURJPYm",Period());

ArrayCopySeries(oGbpUsd,MODE_OPEN,"GBPUSDm",Period());
ArrayCopySeries(oEurGbp,MODE_OPEN,"EURGBPm",Period());
ArrayCopySeries(oGbpJpy,MODE_OPEN,"GBPJPYm",Period());
ArrayCopySeries(oUsdChf,MODE_OPEN,"USDCHFm",Period());
ArrayCopySeries(oNzdUsd,MODE_OPEN,"NZDUSDm",Period());
ArrayCopySeries(oAudJpy,MODE_OPEN,"AUDJPYm",Period());
ArrayCopySeries(oEurJpy,MODE_OPEN,"EURJPYm",Period());

int counted_bars=IndicatorCounted();
int i = 0;
if(counted_bars<0) return(-1);
if(counted_bars>0) counted_bars--;
int limit=Bars-counted_bars;

for(i=0; i<limit; i++)
{



Profit[i] = GbpUsd[i]+EurGbp[i]+GbpJpy[i]+UsdChf[i]+NzdUsd[i]+ AudJpy[i]+ EurJpy[i];
}
return(0);
}
//+------------------------------------------------------------------+

Quoting soyabean

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Hi trader, just read the thread from post 1 to end, just wanna thank you again for the effort, espcially in answering the many queries~!

haven't got the time to try your method but certainly looks very credible. Keep up the good work and i look forward to your explanation pairs selection for your IA.

Cheers!

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Quoting trader101

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Thank you, Ea Programmer
Now we have a programmer in our midst.
We are struggling to make an indicator here. I am not much with indicator as EA is my specialty) Perhaps you can help us with the indicator, GreenHaze and Hayseed and Orest have been trying to grasp the system and coding as well. Below is my idea of the indicator we are looking, perhaps you can help us by looking at it and extend us you skill.
Thanks

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Quoting jtmoore007

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I too want to thank you for the system. i have only had the demo indicator up for a day so im waiting for everything to sort out still. but i love the idea of going all long or all short!! i think this is great. I have read just about every system on FF and there seems to be a ton of excitement around this system. can't wait to see how this pans out and am looking forward to you guy's indicators. I wish i could help out in this area but im a computer idiot!!! I will however be helping out by following the system and throwing my 2 cents in sometimes. again thanks !!! good luck in all yall's trades!!

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Quoting Greenhaze

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Very kind of you Brijon. You and Trader101 share the same fresh look at tradinrg currencys. @ Orest - the profit calc graphic indicator is recording the buy/sell basket profit from the time you start it , using the current timeframe resolution.

Cheers

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Quoting corvogrigio

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Hi T101, HI All!

I felt so hitten by ur idea T101!...I liked it so much as i was thinking about something similar (to build on a sort of ranking of pairs in oder to choose best pairs to trade) when suddenly....i found the idea served on a silver dish by you! Thank you very much 4 sharing it.

Well , pushed by the matter that I wasnt able to launch the script for the simoultaneous 14 trades opening, i built up an excel spreadsheet where i simulated the opening of the 14 trades and after that i guessed that i could simulate the opening back in the past at my pleasure so in this spreadsheet (sheet2) u can find 5 different situations based on trade opening since last week open back until five weeks ago. In this column (5 weeks ago) we can see all the sell-pairs up in profit and all the buy-pairs down with loss.

The buy pairs are green and the sell ones are red so u have a visual help to check if a certain pair in profit (or loss) is from set 1 or set 2. (obviously profits are green and losses are red).

The starting time is sunday midnight Italy time (gmt+2 right now with DST)

I add a picture to show how it looks like.

If anyone interested to run it must download the zipped files and put the mq4 file into the \mt4\experts\script directory, close and reopen MT4 and lanch the script from the navigator. It will create a bunch of files (into the mt4\experts\files directory with historical data about 17 pairs (there are 3 more the 14 needed as i just modified the script from another thread- btw thank you Erich!)

After that u can lanch the Excel file that has 3 sheets:

sheet1 historical data...here u need to make it know where it can pick up the data ...check data\connection in excel to obtain that...notice that the link is for the 14 pairs in a1 a11 a21 a31...and so on up to a131

sheet2 the 5 columns with profits and losses of the 14 pairs starting from different dates (up to 5 weeks ago) u can sort itper decreasing profits as u need it

sheet 3 nothing much right now...just the sum of profit/loss in the two groups


Well hoping that this can help someone i wish the best to all!


Franco

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Quoting trader101

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Hello Franco,
Wow, i was dumbfounded with your post. You seem to have studied more than me in this topic. I have this in me for more than 2 years now and infact i was trading this method by then, in my journal (simplicity is the key) but i was hesitant to reveal then of the notion that someone will steal this idea. Because of that, it never flourish, it has improve but not like leap and bound like what is happenning now. Your studies and the excell files you have presented is a gem. I should have reveal this a long time ago and met people like you and the others here, we could have made a killing in the market already. However, its not to late yet, we still can improve from this idea, but to all following this thread PLEASE GIVE CREDIT TO WHOMEVER IT IS DUE. As i have mentioned earlier in the post when Matrix suggested to close this IA and open again the next day and I wrote a big NO, this is the idea, the second phase of this method. We have to keep the original IA for as long as we can. this is our Road map, as presented by you. We can see what did happend to the currency ranking (real rank not by MA or whatever) a few week ago, a few month ago and how are they compared to other currencies. Thank you very much, Franco.

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Quoting kenmania

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Anybody running your IA on IBFX should make sure and place a new trade on it (just open at .01 and close it again) at least every 20 days or it will expire. (Read the footnote)

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