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C4 Scalping

  • #3,421
  • Jul 29, 2009 9:26am Jul 29, 2009 9:26am
Quoting morander
#TudorGirl

Thank you for your answer. Yes, it's not easy, coding and trading at the same time ;-)
My opinion at the moment is: We are doing this, what thousands before us have done. We are searching for THE indicator, who can tell us the future. And during this search we forget, that the market will be eratically for ever. We should be thankful for that what we have and if I look at the last postings I can see several traders they are successful with the c4 or nitro approach. the rest is experience and training and not the search for the ultimative...
I couldn't agree more Erik! There have already been a number of simple indys posted (even just MA) that work fine on C4! The endless hunt for the "perfect indy" is indeed futile. The Sinc indy is just an idea that I am personally trading just now to see how I get on. I like a simple 1-indy system (especially as it doesn't repaint!!) as it makes EA writing easier.

My personal ambition is to match the performance of Edge's Nitro system. But as he says, to do that we must put in the research effort ourselves, not be handed everything on a plate. This is part of my effort in that direction!

Anne
  • #3,422
  • Jul 29, 2009 9:35am Jul 29, 2009 9:35am
Hello Anne,

Would you be willing to share your source code? I have a custom version of True Renko under development and may need your source to see if it will live in harmony with my indy.

I totally understand if you prefer not to share - if I ever create something that I believe has huge value I will probably not put source code on a forum either.

Be aware, however, that .ex4s can be reverse-engineered (not by me, rest assured) - I have certainly seen enough obviously decompiled indys on various forums over the years...

If you are willing to share, send a PM.

Keep up the interesting postings,

Lou
Old Benjamin was right
  • #3,423
  • Jul 29, 2009 9:43am Jul 29, 2009 9:43am
Hi DX, have been using your set-up today with HMA, thanks.

If I don't want the 'alert box' popping up am I right in thinking that I change 'Alert_signals' in INPUTS to false?

Also I've noticed some alerts come up in the box although the current bar is still forming, would these be exits from previous alerts?

Many thanks, your setup is really clear and easy on the eyes.

Quoting DXTrade
Choppy market?

3 fake trades saved -> check sign
4 times +5 -> vertical line

Looks good to me
  • #3,424
  • Jul 29, 2009 9:52am Jul 29, 2009 9:52am
I am experiencing somewhat the same problems as John2004. When I try to refer to an indicator with arrows on it, I get a positive value coming from the iCustom when I have an up arrow, but for all bars with no arrow and with bars that have an arrow pointing down, I get a return of 214748. Are you saying there is a way around that?

Thanks for the info!

Quoting stevecartwright
Just to help a bit.... The number 214748............ is "EMPTY_VALUE"
Use comments to display the calculated nulbers to help debug any problems etc

example
if(TGV2P1==EMPTY_VALUE && TGV1P1==1)
{ObjectCreate("Long"+Time[0],OBJ_ARROW,0,Time[0],Open[0]);
ObjectSet("Long"+Time[0],OBJPROP_COLOR,SteelBlue);
ObjectSet("Long"+Time[0],OBJPROP_ARROWCODE,167);
}
  • #3,425
  • Jul 29, 2009 9:53am Jul 29, 2009 9:53am
Quoting strada
Hi DX, have been using your set-up today with HMA, thanks.

If I don't want the 'alert box' popping up am I right in thinking that I change 'Alert_signals' in INPUTS to false?

Also I've noticed some alerts come up in the box although the current bar is still forming, would these be exits from previous alerts?

Many thanks, your setup is really clear and easy on the eyes.
Yes, put alerts to "false"
It pops up during the current brick if price is oscillating around the zero line or the MA.
That's why I enter only after the brick is finished and the arrow still there in the same direction as the HMA
"The only successful substitute for brains is silence."
  • #3,426
  • Jul 29, 2009 9:54am Jul 29, 2009 9:54am
Just a quick 7 pips on my first C4 trade this morning.....

http://img176.imageshack.us/img176/3228/729c41.gif

Best of luck to everyone....
TTMarto
  • #3,427
  • Jul 29, 2009 9:58am Jul 29, 2009 9:58am
Interesting reading the postings for the last several hours.

Great googaleemoogalee, there are a boatload of individuals here. Hard to get anything done but I will. Said yesterday I would not comment, well I lied. Flogging may commence at your leisure.

Lets start here.

C4 was really quick today. Only focused on two pairs as have my trading and MT4 renko all running and am feeling like I am at Wimbledon watch a tennis match.

Regardless, goals were be at +25 levels and closed that little puppy out for the day.

Will address a few other things momentarily.

Regards.
Attached Image (click to enlarge)
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  • #3,428
  • Jul 29, 2009 10:10am Jul 29, 2009 10:10am
Hello Anne,i wanted to contact you somehow (PM or E-Mail) Couldn't find a way . Please send me a PM or an E-Mail. Thanks, tex
Quoting TudorGirl
I couldn't agree more Erik! There have already been a number of simple indys posted (even just MA) that work fine on C4! The endless hunt for the "perfect indy" is indeed futile. The Sinc indy is just an idea that I am personally trading just now to see how I get on. I like a simple 1-indy system (especially as it doesn't repaint!!) as it makes EA writing easier.

My personal ambition is to match the performance of Edge's Nitro system....
  • #3,429
  • Jul 29, 2009 10:25am Jul 29, 2009 10:25am
Quoting TudorGirl
Hi All

Seems quite a good strategy to go in at the zero crossing and either take the 1-brick scalp, or ride the move until the indy falls away from the +/-1 extremes.

See a little trade made on the UJ, attached.

Anne
Alot of taunting from another poster this morning. The gauntlet was thrown down and here it is picked up and answered.

Spectrum work is quite nice and very close. In fact, a minor tweak will be all that is needed. The entries compare well to my own Nitro, and are lagging by about 2.2 tics it seems. I am not sure about the subsequent postings on developing a 'channel' and will let you guys figure that one out.

Perhaps we can soon incorporate a final indi into the MT4 Nitro and move on to trading 100% of the time. We will definately excel when this occurs.

Should the spectrum be completed soon, and incorporated with the work of 'DX', you will then be able to trade Nitro both conservatively and aggressively. Nice job by both of you folks. So much for Nitro.

Regards.
  • #3,430
  • Jul 29, 2009 10:28am Jul 29, 2009 10:28am
Quoting Syahmi
Back to C4 after a short stint with Renko.....

For "HMA Color nrp"... I found out that the default setting works great for C4 - great primer I guess !

Look at the example below...

Cheers !
Very nice here. Incorporating the hull seems to be a nice addition for many. If it works then trade it.

Now, lets see those trades popping up on these charts. Will make them POP even more.

Regards.
  • #3,431
  • Jul 29, 2009 10:42am Jul 29, 2009 10:42am
Understood and thanks for that DX.

Quoting DXTrade
Yes, put alerts to "false"
It pops up during the current brick if price is oscillating around the zero line or the MA.
That's why I enter only after the brick is finished and the arrow still there in the same direction as the HMA
  • #3,432
  • Jul 29, 2009 10:43am Jul 29, 2009 10:43am
Quoting Edgetrader
Should the spectrum be completed soon, and incorporated with the work of 'DX', you will then be able to trade Nitro both conservatively and aggressively. Nice job by both of you folks. So much for Nitro.

Regards.
I currently have both 'DX' and Spectrum running on the same chart for comparison or possible integration.

Looks very encouraging. Very similar entries but yet some differences.

The forward testing continues

Thanks to all for contributing

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  • #3,433
  • Jul 29, 2009 10:46am Jul 29, 2009 10:46am
Quoting jacson101
Sterling/Dollar C4 off a 5min
Early entry/early exit.
But, with net short 'structure'.
Hi Jacson,
Am I missing something? You are showing a trade on this chart which doesn't meet any of the criteria of C4. No primer, no detonator, no 10 pip stop.

How did you determine that this is a legitimate C4 trade? Help me understand.
Thanks,
4XTrader2
  • #3,434
  • Jul 29, 2009 10:49am Jul 29, 2009 10:49am
Swingman's previous post and observation about the EUR/USD continues to amaze. Again today there were yet three more trades that would pick up 10 pips and more. Am not sure the "whys" for this, but most likeley due to continued momentum of price. But, his observation is still batting 100%. Below are two charts from today and yeserday showing 6 trades that were all winners. Very difficult to argue with this sort of result, which is only a continuation of what Swingman found was 100% winners in a longer back test he made.
Not that this system isn't already great, but I'm tempted to load up whenever these triangle patterns come up on the EUR/USD.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu 7-29.gif Size: 55 KB
Click to Enlarge Name: eu2 7-29.gif Size: 55 KB
  • #3,435
  • Jul 29, 2009 10:49am Jul 29, 2009 10:49am
Quoting morander
I think it would be in Edges interest, if we ALL (me included) delete our posts related to the disput of tudorgirl and irathi. its only spam and has nothing to do with the basics.
Have spoken on professional courtesy a few times already. Will not harp on such any longer. As the forum is public, everyone has the right to express their opinion. However, as everyone is mostly just a 'tag' name, the professionalism associated to an individual is solely based upon their comments and contributions.

It is up to them whether or not they wish to verbally challenge others. They only risk the 'ignore' button on FF. While many see this as nothing and simply move on to other forums to spout off, those who are actually trading focused risk having meaningful commentary and viable input lost forever within the thread.

So, one last time I ask that folks who want to continue following the thread and wishing commentary that will be heard please refrain from disrespectful and meaningless banter.

As a last resort, it will be simple enough to end all of this, whether a public forum or not.

The thread can simply be closed. We do not want this to happen so stay the course please.

And yes, I saw the comment made yesterday by a 1 post poster. It is not worth reply and was simply placed on 'ignore' in order to actively practice what I preach.

We have a bit more work to do so how about we get busy with the task at hand.

Regards.
  • #3,436
  • Jul 29, 2009 10:53am Jul 29, 2009 10:53am
How about an optional alert with it crossing the +0.1/-0.1 levels
TG?
  • #3,437
  • Jul 29, 2009 10:59am Jul 29, 2009 10:59am
Hi Edge. As I cannot open your spreadsheet can you tell us your favorite pair for RENKO trading???
  • #3,438
  • Jul 29, 2009 11:04am Jul 29, 2009 11:04am
Quoting 4xtrader2
Edge,
I consider myself an apprentice. In this context, I would like to post three trades with my observations of what was right, what was wrong. My simple question is do you concur with my observations. What would you have done differently? Am I on the right track or am I missing something?
Thanks,


First trade:
EURUSD: Shorted when Moving Average turned Red.
Profit: +10 pips
[font=Calibri]Lesson Learned: Trade was entered before TRIX confirmed. Should have...
Nice posting.

First off, I do not like pivots with a 5m scalping plan. Whether a trader uses them or not is not important to me personally so will refrain from further comment on such.

First trade on EU - You got the +10 which is good. Ultimate C4 requires a trader to gather in +5. As an apprentice level (your assessment) you should not exceed this goal ever. Take the setup as presented, trade it and then move on.

Second trade on UJ - Again, it is all or nothing in C4. Once you set the charge and pull the plunger, you do not hang around to admire your work, much less to have 'demo' remorse and go running in to attempt to do damage control. You hit and you run. If the train failed to be derailed, so be it. You will get another opportunity shortly.

Third trade on EU - Again we are over analyzing here. Was the setup there or was it not. If not, you do not take the position. None of us are able to predict PA. We work on probabilities once an actual signal presents itself. Cardinal sin here was that you were able to accurately predict short term PA, made the trade and got it to a +6. A gift from the market and it was flung like baby pooh. This is a flogging offense!!!!! To happen a second time is a plank walk. As an apprentice, I will say no more.

Again, nice post and good detail. Thanks.

Regards.
  • #3,439
  • Jul 29, 2009 11:06am Jul 29, 2009 11:06am
Quoting winningfx
hi john,

if i'm not mistaken. i think swingman has stated b4 that if u want the source. then pm him. just contact him n check it out, ok. thanks.

winningfx, and 4xStar and powercouple,
Thank you all, I'll pm him for the source. But in the mean time, I think I've got it figured out.

For smSuper TRIX_v2 index 0 has the bar values although they are roughly a bit less than what is shown onscreen. I can't explain that difference. And index 2 is the down arrow and index 1 is the up arrow. But those indexes also contain, I think, the last arrow bar value of the negative side if the last arrrow was down and it contains the last arrow bar value of the positive if the last arrrow was up. I would expect to see an arrow on every subsequent bar in this case but it doesn't happen so that's another mystery. So that lets you know what the last arrow was for that index just by looking for a real number rather than EMPTY_VALUE. That is nice because otherwise, I'd have to calculate all the values backward until I found an arrow.

smSuper TRIX_MTF_v1.1 is similar but I'm only using bar values instead of arrows so all bars come from index 0 .

This is the most useful indicator I've ever seen.
Thanks again Swingman,
John
  • #3,440
  • Jul 29, 2009 11:06am Jul 29, 2009 11:06am
Quoting gerry berard
Hi Edge. As I cannot open your spreadsheet can you tell us your favorite pair for RENKO trading???
EY, UY, AY, and CY are the four horsemen.

Regards.
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