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Indicators development for T101's not very simple method

  • #621
  • Oct 23, 2008 10:05pm Oct 23, 2008 10:05pm
Hint

You guys should look closely at what the OnChart version can do with any jpy pair, say on a 15 minute time frame. Just watch it like on Gbpjpy. This one is... well, you'll see. Great for pair jumping, when you identify a pair that is jumping and then look at the pair close up with this OnChart version.
  • #622
  • Edited 11:19pm Oct 23, 2008 10:44pm | Edited 11:19pm
Quoting PriNova
New BasketCandles with different colors for up & down candles. a bidline and optional an askline

have fun
Hi, tell me about your candles. looks like it will not run on a real account. Is that correct? Also when I loaded it into Notepad, I see this a trial version with a expiration in the string "2008.11.02" is this correct? Did you already point this out?

I went thru your posts and cannot find the post. Also, in notepad I am seeing

The trial version B-Awesome has expired! Ask for full version: and then your email address. Are you selling this?

It is a very nice looking indi other than that. but I thought this thread was for open shareware, not commercial stuff.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_090.gif Size: 18 KB
  • #623
  • Oct 23, 2008 10:48pm Oct 23, 2008 10:48pm
When you see a EX4 file always open it with notepad first before installing it and do a search for words like Trial or trail or expire or expired or Date or something like 2008 or Demo you get the idea.

this will save you a lot of time.
  • #624
  • Oct 23, 2008 10:56pm Oct 23, 2008 10:56pm
Orest/T101,

Thanks a ton for all the work you've done and for sharing it with us!

Orest, your indicators are amazing-especially since implementing the rolling time for each TF I finally switched over to IBFX and since I got all of the indicators and buy/sell scripts moved over, I haven't lost a basket. I'm up about 1300 pips on a mini account this week and I only have about two hours a day to trade.

I'm using Orest 1.14 as the main indicator and BuySellBasket as confirmation. I also loaded ProfitChart a couple of days ago. I've only used that a couple times as a re-enter indicator.

I'm sure the losses will come, but I set T's miniAccountProtect[2] with a stop at 30 so it'll have to be a few losses in a row to lose what I've made.

Thanks again,

Matt
  • #625
  • Oct 23, 2008 11:32pm Oct 23, 2008 11:32pm
Quote
When you see a EX4 file always open it with notepad first before installing it and do a search for words like Trial or trail or expire or expired

Great advice, and great catch
  • #626
  • Oct 23, 2008 11:38pm Oct 23, 2008 11:38pm
Quoting smjones
Hi, tell me about your candles. looks like it will not run on a real account. Is that correct? Also when I loaded it into Notepad, I see this a trial version with a expiration in the string \"2008.11.02\" is this correct? Did you already point this out?

I went thru your posts and cannot find the post. Also, in notepad I am seeing

The trial version B-Awesome has expired! Ask for full version: and then your email address. Are you selling this?

It is a very nice looking indi other than that. but I thought this thread was for open shareware, not commercial stuff.
Wow
what can i say???
Readers of this thread be aware about this technique. Orest, smj & Myself tried very much to make this thread and everything in here being non commercial. Anything you find which has a commercial overtunes do not attempt to call them and make transaction with them. I suggest you inform us and we will let the FF mod removes such post and attachement. This FF website was created on that basis. I would have been the first one to to ask for payment, and Orest and SMJ and RR but we want to share this to the traders world for free. Please let us maintain this goodwill and sharing and avoid making this kind of gimmick it is really disgusting. Motivated by greed what else. Never use any indicator or EA coming from someone you dont know. Remember my last post, how do you know they understand the system to make an indicator for this?
Julius
  • #627
  • Oct 23, 2008 11:43pm Oct 23, 2008 11:43pm
Yes, we all beleive in karma, Costco and low gas prices here. Please be cool...

Quoting trader101
Wow
what can i say???
Readers of this thread be aware about this technique. Orest, smj & Myself tried very much to make this thread and everything in here being non commercial. Anything you find which has a commercial overtunes do not attempt to call them and make transaction with them. I suggest you inform us and we will let the FF mod removes such post and attachement. This FF website was created on that basis. I would have been the first one to to ask for payment, and Orest and SMJ and RR but we want to share this to the traders world for free. Please let us maintain this goodwill and sharing and avoid making this kind of gimmick it is really disgusting. Motivated by greed what else. Never use any indicator or EA coming from someone you dont know. Remember my last post, how do you know they understand the system to make an indicator for this?
Julius
  • #628
  • Edited 11:59pm Oct 23, 2008 11:45pm | Edited 11:59pm
Sorry everyone. you can take the person out of the moderator, but you can't take the moderator out of the person. LOL. I will let TWEE sort it out.
  • #629
  • Oct 23, 2008 11:45pm Oct 23, 2008 11:45pm
Quoting smjones
Bullshit! you are reported as spam.
I have also sent letter to Twee for banning this kind of member from FF.
We have to make this a lesson. People that take advantage.
  • #630
  • Oct 23, 2008 11:49pm Oct 23, 2008 11:49pm
netwrkgod,

thank you for your kind words - we are here for you. You know why we (I) are doing this? Because we (I) have learned a lot here from somebody else. I feel obliged if you will. I hope when you have something valuable to share you'll remember about us.

Hint: seriously, take a look at smjones BasketBars indicator. Along with those you mentioned it gives you exact point when to enter (if you have basic knowledge of trend and support/resistance). This is amazing thing.

Orest

Quoting netwrkgod
Orest/T101,

Thanks a ton for all the work you've done and for sharing it with us!

Orest, your indicators are amazing-especially since implementing the rolling time for each TF I finally switched over to IBFX and since I got all of the indicators and buy/sell scripts moved over, I haven't lost a basket. I'm up about 1300 pips on a mini account this week and I only have about two hours a day to trade.

I'm using Orest 1.14 as the main indicator and BuySellBasket as confirmation. I also loaded ProfitChart a couple of days ago. I've only used that a couple times as a re-enter indicator.

I'm sure the losses will come, but I set T's miniAccountProtect[2] with a stop at 30 so it'll have to be a few losses in a row to lose what I've made.

Thanks again,

Matt
  • #631
  • Edited 10:30am Oct 24, 2008 3:47am | Edited 10:30am
Merry day to all,

Amen to the noncommercial development, honor and respect to Julius, TC, Orest, Scott Jones, RR, and others who have made such wonderful contributions of their time and wisdom. I'm blessed to be associated with such a group of fine human beings.

For those who have not checked out my WAVES HEATMAP trading system, you are invited to do so. Here's what one guy wrote about it:

"I used the SELLJPY12 script to see if you were correct. Since then, usdchf has moved up, and I'm up about 1300p(!)." You can read the rest in eagle's post here:

http://www.forexfactory.com/showthre...=116892&page=2

There's now more: "After I submitted that post, my trades went up another 1200 pips, and then I closed them because I had to go to bed..."


Prosperous regards,

George
  • #632
  • Oct 24, 2008 4:32am Oct 24, 2008 4:32am
Quoting smjones
I read your post. I really do not want to maintain a second journal. I am retired and do not wish to put in that much time. I don't even mod anymore. LOL

As far as my approach, It i just the IAs as Julius described, a DDE spreadsheet I wrote, my BasketBars and Julius'Basket Indicaotr on a 5 min set at 50/40 and that is about it. I am now going to test out Orest's great new indicator with the endless loop. I have never heard of anyone getting around the tic problem, so he is a genius to have done this. LOL

I am definitely not upset. Never would be with you my friend.

Take care, Scott

PS this is generally what my screen looks like.

I know by now you still are a very busy person....... If you could find the time for it, would you yet be so kind and explain in more detail what you are aiming for with this setup? How do you apply this setup to your trading? Could we have a template.... not only by the looks this one really appeals to me!

Did you produce another indicator which shows a single pairs strength with regard to the basket? The small spikes at the bottem ?

THX, John

BTW I am already using your latest releases of BasketBars !! Absolutely magnificant.....
  • #633
  • Oct 24, 2008 6:14am Oct 24, 2008 6:14am
Quoting John Edwards
I know by now you still are a very busy person....... If you could find the time for it, would you yet be so kind and explain in more detail what you are aiming for with this setup? How do you apply this setup to your trading? Could we have a template.... not only by the looks this one really appeals to me!

Did you produce another indicator which shows a single pairs strength with regard to the basket? The small spikes at the bottem ?

THX, John

BTW I am already using your latest releases of BasketBars !! Absolutely magnificant.....
Yes it is a percentage strength index the histogram changes color as the currency grows or weakens in strength. I am using the concept of bid ratio to range. Normalize to a number between 0 and 1. so the numbers on the chart are percent of strength.

It is still a work in progress. I have not released it yet. It works fine, but I do not like the display of it. Right now it must run on 8 charts using it's own platform because of the calculations. I am thinking about how I can make that more efficient. Oh goto go JPy is moving
  • #634
  • Oct 24, 2008 9:03am Oct 24, 2008 9:03am
In order to get in groove with the group i opened a standard Demo acct at IBFX
I am running the basket_indicator by T101 and the Basket Bars by Scott.
They seem to work well EXCEPT in the 1H time frame the image you see in the atttachment is USCCAD with BasketBarsd forchart in the chart area, basket_bars and then the basket_indicator.

all other time frames seem to work. This happens with all pairs

Anybody have any ideas?

Thanks
Mark
Attached Image
  • #635
  • Oct 24, 2008 9:16am Oct 24, 2008 9:16am
Quoting markbcool
In order to get in groove with the group i opened a standard Demo acct at IBFX
I am running the basket_indicator by T101 and the Basket Bars by Scott.
They seem to work well EXCEPT in the 1H time frame the image you see in the atttachment is USCCAD with BasketBarsd forchart in the chart area, basket_bars and then the basket_indicator.

all other time frames seem to work. This happens with all pairs

Anybody have any ideas?

Thanks
Mark
not all the price quotes are in your history. Change the timeframe several times up and down and then go back to hour and it will work that will force your broker to load the history
  • #636
  • Oct 24, 2008 9:40am Oct 24, 2008 9:40am
Scottm to use with groups pairs, can i for example only delete the other pairs letting only the group i want? For example, for jpy only the 6 pairs stay in the same place and delete all other pairs. This is the correct way?

and this pic is correct? See the bar with a arrow, it looks like a bearish PB but has a green dot. As i don't know much about climax bars i don't know if this is correct.

thanks in advance.
Attached Image
  • #637
  • Oct 24, 2008 10:33am Oct 24, 2008 10:33am
I have updated the T101_dashboard indicator with the following:

- Profit in USD is functional
- Added a history option
- There might be a few cosmetic changes

User inputs:

estrOpenDate - The reference (open) date used for all calculations
edblLots - Number of lots used when calculating profit in USD
eintGroupCount - Number of rolling groups to display
eblnProfitPips - True to display profits in pips; false for USD
eblnBacktest - True to display data for backtesting (no live data)

I have not had time to do extensive testing, but everything appears to be working as designed.

Play around with this indicator. Really see what it is doing. If you think it will be useful to your trading, great! If not, there are plenty of others out there.

Also, please see my previous posts about this indicator for more information.

Happy trading!
Attached File(s)
File Type: ex4 T101_dashboard_v2.ex4   23 KB | 1,630 downloads
  • #638
  • Oct 24, 2008 10:47am Oct 24, 2008 10:47am
To those who are successfully trading the basket please tell us which of the indicators are you using and what triggers. There Are so many combinations of indicators. I know this is the way just can't find the right combo.
  • #639
  • Oct 24, 2008 11:07am Oct 24, 2008 11:07am
Quoting zznbrm
I have updated the T101_dashboard .....
Thanks zznbrm ... I only discoverd your dashboard indy at the end of last week .... It is proving to be invaluble ... a great addition to the growing arsenal of T101 style trading tools.

Thanks again. Great Work.
  • #640
  • Oct 24, 2008 12:19pm Oct 24, 2008 12:19pm
Quoting qz10cq
To those who are successfully trading the basket please tell us which of the indicators are you using and what triggers. There Are so many combinations of indicators. I know this is the way just can't find the right combo.
I am not a programmer or a deep technical thinker and to some extent, I feel lost by all the indicators as well. But I feel like I have a very good understanding of how and why the basket works, mainly because I have spent a lot of time breaking down the components of the basket, watching the IA, and, lately, watching Orests indi v.1.14. If you dont understand the system (maybe because you have not read ALL of T101's original thread), the triggers and indicators may not help you much, and in the end, you may abandon the system and go back to the FF trading systems thread to find a system that works for you.

Since I cannot contribute anything in the way of indies, EA, or codes, I want to share something that has really helped me, especially since my time is limited due to personal and work commitments. I think this should be useful to both new and experienced T101 system traders.

Get a screen capture (video) program and install it on a computer that you can dedicate to the system for several hours or days at a time (the longer the better). I don't want to mention any product names, but there are several good ones that are commercially available for a reasonable price. If you want you can PM me and I will tell you what I use. Set it up on video mode and have it take a snapshot picture every minute (or whatever interval you want) and set the playback rate to play each snapshot every second....and by doing so, you are thus going 60x faster than real time. You can use this to study the IA, Orests Indi, the Basket Bars, or whatever other indi "talks" to YOU and makes sense to YOU and put up a chart or 2 that you can follow (I like the EURJPY...or you can use GBPJPY, which SMJones has suggested, because it is the biggest mover of all).

Spend some time watching the pairs or the indies move and compare it to what the chart is doing. Follow slot jumpers and watch anchors being dislodged at high speed. Put the system on pause and make note of the prices and then compare them an hour later. Turn it on and record your basket trades and then watch them at high speed when the market slows down. After a while, you will see how and why this system works and you will be able to see the "footprints" of each basket trade, which are remarkably similar each time. After a while, you will start to see the usual BUY suspects (GBPJPY, EURJPY, GBPUSD, AUDJPY are my favorites, lately) moving up and down the slots and how the other pairs run for cover when they come into town, especially when they camp out together near an anchor. At the same time, you may see the usual SELL suspects AUD/USD, GBP/CHF, NZD/JPY camped out at the opposite anchor, which signals a big move. Its like trying to watch a flower bloom in real time. It makes alot more sense when you see it happening at high speed.

In addition to helping me see the big picture of how the basket system works, this method has really helped me to keep track of what happens when I am not able to be at my screen (esp. at night when I am sleeping and the markets are very active...I live in EST). You can also pause the screen capture program if, say, you need to use your computer for something else, such as to check email, etc.

Hope this helps.

Slade
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