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EUR/GBP Trendmagic System

  • #281
  • Jun 4, 2009 3:49pm Jun 4, 2009 3:49pm
Next question:

The first picture shows the indicator colours on a 15 min tf. The secound on a 5 min tf. The colour of the 5 min row (highest row) shows on both timeframes different colours.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15 m.gif Size: 24 KB
Click to Enlarge Name: 5 m.gif Size: 26 KB
  • #282
  • Jun 4, 2009 3:54pm Jun 4, 2009 3:54pm
Quoting MCFly
Next question:

The first picture shows the indicator colours on a 15 min tf. The secound on a 5 min tf. The colour of the 5 min row (highest row) shows on both timeframes different colours.
Bottom row is 5 min and goes up from there
Believe and Achieve!
  • #283
  • Jun 4, 2009 3:56pm Jun 4, 2009 3:56pm
Quoting TudorGirl
Just got another 58 pips on the AJ! (Only 0.2 lot this time but still another 1% on the account!)

Taking Paul's advice and stopping now. Am going to make an apple pie.

Anne
OK, let me get this straight, you're a rocket scientist, expert MT4 coder, great trader and YOU CAN MAKE APPLE PIE? My lord, the game isn't straight!

Seriously Anne, many thanks for the hard work and the great indy's you have provided us. I actually wrote an EA based on the TrendMagic indy a few weeks ago and it does seem to work better on longer timeframes, but your combined indy works much better on all timeframes. One thing I incorporated into my EA was to only take a trade once the new colour (trend) of the TrendMagic indy sloped up (BUY) or down (SELL) - this avoided some false signals when it changed colour back and forth on a horizonal line.

Anyway, enough of that, any pie left?

Cheers,
Nick.
  • #284
  • Jun 4, 2009 4:02pm Jun 4, 2009 4:02pm
Quoting sirwolf
Bottom row is 5 min and goes up from there
No I changed the settings. Now the highest row is the 5 min!
  • #285
  • Jun 4, 2009 4:38pm Jun 4, 2009 4:38pm
Click through the times and bring some history in.

Quoting MCFly
No I changed the settings. Now the highest row is the 5 min!
  • #286
  • Edited 4:57pm Jun 4, 2009 4:43pm | Edited 4:57pm
Quoting Scorpius
Problem is indicator will be obsolete this year when MT5 comes out and brokers no longer support MT4. No indicators will not be backwards compatible.
Luckily, I have the source code so can recode for any platform. I have already written an "Easy Language" version for some folks.

However, I am now working on a much more powerful pair of indys (STF/MTF) that use the phase/group delay tradeoff to remove nearly all the remaining lag.

I am getting potentially almost 40% more pips per trade than with the current TMagic/HG_0001a/HG_0001a_MTF setup. The new indys nail the tops and bottoms to within a bar or so.

We are not finished yet.... Only just starting!

Anne
  • #287
  • Jun 4, 2009 4:47pm Jun 4, 2009 4:47pm
Quoting TudorGirl
Luckily, I have the source code so can recode for any platform. I have already written an "Easy Language" version for some folks.

However, I am now working on a much more powerful indy that uses the phase/group delay tradeoff to remove nearly all the remaining lag.

I am getting potentially almost 40% more pips per trade than with the current TMagic/HG_0001a/HG_0001a_MTF setup. The new indys nail the tops and bottoms to within a bar or so.

We are not finished yet.... Only just starting!

Anne
I hope you stick around then TG as I'd like to incorporate your indi into my trading style but do not like the thought of it expiring with mt4
  • #288
  • Jun 4, 2009 4:49pm Jun 4, 2009 4:49pm
Quoting TudorGirl
L
However, I am now working on a much more powerful indy that uses the phase/group delay tradeoff to remove nearly all the remaining lag.

Anne
I had to look that up on google, stared at the information I found, and had to marvel at my own stupidity and ignorance. I have NO idea what that is, but I am glad you do!
  • #289
  • Jun 4, 2009 4:51pm Jun 4, 2009 4:51pm
WOW!
I am speechless!

Regards.


Quoting TudorGirl
Luckily, I have the source code so can recode for any platform. I have already written an "Easy Language" version for some folks.

However, I am now working on a much more powerful indy that uses the phase/group delay tradeoff to remove nearly all the remaining lag.

I am getting potentially almost 40% more pips per trade than with the current TMagic/HG_0001a/HG_0001a_MTF setup. The new indys nail the tops and bottoms to within a bar or so.

We are not finished yet.... Only just starting!

Anne
  • #290
  • Jun 4, 2009 4:59pm Jun 4, 2009 4:59pm
Paul and Anne,

I would like to thank you for this thread. This is the first system based in indicators that gets my attention for quite some time. Since the beggining of 2009 I striped all my charts of indicators and trade pure and simple PA from H4 and D1 (0,01$/pip live account). This system got my attention because it's simple and has the potential to make me profitable where I can loose more trades: short term.

I have very basic knowledge of MT4 language, and all I know i've learnt from the internet and with some help of FF members, and now I've my own EA, even though it doesn't trade all by itself, because I need to tell the EA if we're in a bull or bear trend.

I would like to forward test your indi to tell my EA the trend direction. Do you think it´s possible to make my EA to read your indicator signals?

Thanks again,

JFonseca
  • #291
  • Jun 4, 2009 4:59pm Jun 4, 2009 4:59pm
Hello Tudorgirl !

Many thanks for your work and for your indicator, i combined it with the thv mtf indicator and i am scalping e/u with it. works great, thank you so much.

I wish u all the best

tex
  • #292
  • Jun 4, 2009 5:05pm Jun 4, 2009 5:05pm
Group delay is a measure of the transit time of a signal through a device under test (DUT), versus frequency. Group delay is a useful measure of phase distortion, and is calculated by differentiating the insertion phase response of the DUT versus frequency. Another way to say this is that group delay is a measure of the slope of the transmission phase response. The linear portion of the phase response is converted to a constant value (representing the average signal-transit time) and deviations from linear phase are transformed into deviations from constant group delay. The variations in group delay cause signal distortion, just as deviations from linear phase cause distortion. Group delay is just another way to look at linear phase distortion.
In LTI system theory, control theory, and in digital or analog signal processing, the relationship between the input signal, x(t), to output signal, y(t) , of an LTI system is governed by:
http://upload.wikimedia.org/math/a/9...95846f38ab.png Or, in the frequency domain,
http://upload.wikimedia.org/math/d/2...532bd0a6bf.png where
http://upload.wikimedia.org/math/e/7...d7e8d0b0e5.png http://upload.wikimedia.org/math/0/4...e05d1d7f16.png and
http://upload.wikimedia.org/math/a/6...8651830de4.png.
  • #293
  • Jun 4, 2009 5:13pm Jun 4, 2009 5:13pm
Scorpius, any change is quite far off, but may I suggest you live in the "Now", and not worry about what might, or might not happen in a year or so from now. Many things could happen. They could scrap MT-5 altogehter. Or, this indicator could be remade to work on MT5 by Tudor Girl, or maybe by someone else who would be kind enough to do it for the benefit of others.
(I just made another quick 10 pips on the EurGbp long. All time frames from 5 minutes to one hour lined up.)
Quoting Scorpius
Trend magic was source was shared from decompiled indicator so...would not have this indi now if no one shared trend magic source.
  • #294
  • Jun 4, 2009 5:15pm Jun 4, 2009 5:15pm
Seriously, though..... This IS serious shit guys! We have the potential to do very well from this. While the intangible "trading psychology" thing is vital, the rest is just mathematics.

I have no reason to doubt that the market is governed by the Laws of Physics, like everything else. Why? Because if the market were the only thing yet discovered in the Universe NOT to be governed by the laws of physics, that would be such a fantastic discovery we could just go to Stockholm and collect the $1m Nobel prize and forget about trading!!!

I am just looking at the two sets of indys side by side on the same chart. The current ones with a bit of lag and the new ones with much less. I think we have only begun to stratch the surface of the potential of these ideas.

Anne
  • #295
  • Jun 4, 2009 5:16pm Jun 4, 2009 5:16pm
Ohhh you show off you - LOL! Just kidding. You amaze and dazzle me with your brilliance girl!

Quoting TudorGirl
Group delay is a measure of the transit time of a signal through a device under test (DUT), versus frequency. Group delay is a useful measure of phase distortion, and is calculated by differentiating the insertion phase response of the DUT versus frequency. Another way to say this is that group delay is a measure of the slope of the transmission phase response....
- Bowen (a.k.a. Wolf)
  • #296
  • Jun 4, 2009 5:26pm Jun 4, 2009 5:26pm
Quoting TudorGirl
I have no reason to doubt that the market is governed by the Laws of Physics, like everything else. Why? Because if the market were the only thing yet discovered in the Universe NOT to be governed by the laws of physics, that would be such a fantastic discovery we could just go to Stockholm and collect the $1m Nobel prize and forget about trading!!!

Anne
I kinda believe that as well, there is always structure to what appears to be randomness, even if we don't understand it yet. Some rules of the universe will always apply, whether its the laws of physics, metaphysics, quantum, or whatever.

Perhaps we can crack the roulette table as well, eh!
  • #297
  • Jun 4, 2009 5:36pm Jun 4, 2009 5:36pm
All

Before I start writing the next incarnation of the indicators, can we have a concensus please!

For example, Nisha has introduced the QQE as an additional filter. What does the group think? Do we need this? Is it helpful?

I want to incorporate into one indicator everything we want but nothing else!

Please give me some feedback (esp. "serious players").

Thanks

Anne
  • #298
  • Jun 4, 2009 5:41pm Jun 4, 2009 5:41pm
Quoting TudorGirl
All

Before I start writing the next incarnation of the indicators, can we have a concensus please!

For example, Nisha has introduced the QQE as an additional filter. What does the group think? Do we need this? Is it helpful?

I want to incorporate into one indicator everything we want but nothing else!

Please give me some feedback (esp. "serious players").

Thanks


Anne
Yes its helpfull, but you are amazing.
  • #299
  • Jun 4, 2009 5:41pm Jun 4, 2009 5:41pm
Quoting Pardy
I kinda believe that as well, there is always structure to what appears to be randomness, even if we don't understand it yet. Some rules of the universe will always apply, whether its the laws of physics, metaphysics, quantum, or whatever.

Perhaps we can crack the roulette table as well, eh!
I'm working with someone here locally on a Ninjatrader system that uses, among other formulae, the harmonic oscillator principle of quantum dynamics and super-positioning principles to gauge price direction on a 1-tick eur/usd chart. It's extremely accurate to see trend movement, much like this system. but on a smaller scale.
  • #300
  • Jun 4, 2009 5:43pm Jun 4, 2009 5:43pm
OMG, Tudor Girl, you were writing your post while I was writing mine, and I hadn't seen it. As for the math, it is WAYYYY WAYYY over my head. As for the universe being governed by mathematical laws and equations, that is a fact. I can't see why forex wouldn't be subject to the same laws.

It's also a fact I've been trading for well over three years, and have come across numerous systems, and tried them all. I know it's way too shgort a period to tell, and I'm tempering my entusiasm. But, this is the easiest system yet, and I've made pips right off the bat. I've been enthusiatic over new systems in the past only to have a rude awakening, so am trying not to get prematurely excited. I'll give it a few weeks. So far, very good.
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