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C4 Scalping

  • #4,141
  • Jul 31, 2009 12:03pm Jul 31, 2009 12:03pm
Quoting TudorGirl
Hi - you are absolutely correct in everything you say here. The key is to isolate opportunities where the velocity (called "momentum" by traders) and acceleration (not normally called anything by traders!) coincide in the same direction.

These are very high probability setups. On my account I have taken something like 60 trades in the last 48 hours and only 3 losers (see my posts of the account). This strongly supports Edge's assertion of a 95+% success rate.

You are within touching distance of the system now!!

Anne
Thanks for the clarification! I've been working on this all night!

If I'm asking too many questions let me know and I'll refrain.. but just a couple of things that I'm not quite clear on.

I'm trying to look back through your trades to figure out exactly your entry and exit points - but I see that either my price feed is rather different to yours OR you are not entering at the beginning of new bricks, but before the brick has actually been formed. Would that be correct?

As in, you are constantly monitoring for changes in velocity and acceleration of the indicator and when you hit preset points of these you enter for the 10 pip move.

Also, just a little query on how exactly one should calculate velocity & acceleration for your indicator.

For velocity you are simply taking the slope over the time period between bricks, correct? Thus for acceleration must we then take the difference in velocities over the average of the two previous time periods?
  • #4,142
  • Jul 31, 2009 12:06pm Jul 31, 2009 12:06pm
Quoting Chris_B
These are the "basics" of a momentum strategy ...
Indeed they are Chris, indeed they are!!

Annie!
  • #4,143
  • Jul 31, 2009 12:08pm Jul 31, 2009 12:08pm
Quoting luckylady
Chasem, I had the charts setup as you do and found no success with it at all, too many false signals....
When you say c4 set at 4, do you mean the trix or the ma?

Which dxtrade c4 are you using? Thanks.
  • #4,144
  • Jul 31, 2009 12:10pm Jul 31, 2009 12:10pm
studbiol, "Red lines false signals" based on what?

Also would you think 9 trades taking on signals and only 1 win
"little" too much for false signals? How to know which one
is false if 90% of them false?
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,145
  • Jul 31, 2009 12:13pm Jul 31, 2009 12:13pm
Quoting SkyzerFX
studbiol, "Red lines false signals" based on what?

Also would you think 9 trades taking on signals and only 1 win
"little" too much for false signals? How to know which one
is false if 90% of them false?

Just trade the opposite...if 90% of the signals are false, you will win 90% of the trades.
" Never let the past hold the future to ransom "
  • #4,146
  • Jul 31, 2009 12:14pm Jul 31, 2009 12:14pm
Quoting Mindsphere
Thanks for the clarification! I've been working on this all night!

If I'm asking too many questions let me know and I'll refrain.. but just a couple of things that I'm not quite clear on.

I'm trying to look back through your trades to figure out exactly your entry and exit points - but I see that either my price feed is rather different to yours OR you are not entering at the beginning of new bricks, but before the brick has actually been formed. Would that be correct?

As in, you are constantly monitoring for changes in velocity and acceleration...
Please do not be afraid to ask me questions!! You are seeking for your grail system and you are putting in some serious effort. It is a pleasure to help. On advice from the Boss, I only ignore bullying questions from the thread's moron element .

You are right that I am not waiting for blocks to form. You will also have noticed from my account that I am not waiting for one trade to close before adding another. As the trends unfold, what are commonly called "pullbacks" are just velocity/acceleration opportunities waiting to happen. That is why I have more trades than the simpler strategies would dictate.

Your calculation of velocity and acceleration is correct.

Anne
  • #4,147
  • Jul 31, 2009 12:14pm Jul 31, 2009 12:14pm
Quoting Gleneagles
Just trade the opposite...if 90% of the signals are false, you will win 90% of the trades.
I got you, will switch to Test account now..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,148
  • Jul 31, 2009 12:18pm Jul 31, 2009 12:18pm
how about all the bitter petty people on this thread just shut up, enough is enough. How about focusing on trading and what edge put before us and be gratefully for what edge has offered you here. if you want to bitch and complain and trade something else, so be it. but this is not the place for all you crap. I'm really getting tired of the distractions and lack of focus. Also the indicator envy is a pain in the ass. Edge Thank You so very much for all you time and energy that you have put into this thread. This will be my last post that is not on topic. from now on if you have anything negative to say ignore list. I'm really only here to learn from edge and trade c4. this is a business, treat it as such.
  • #4,149
  • Jul 31, 2009 12:22pm Jul 31, 2009 12:22pm
A bit of pissing and moaning on bad hit rates and the like.

Once again. PA moves across a MA and is confirmed by a trix some want to now phase out of their equations. Have at it. Is still damned accurate.

Regards.
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  • #4,150
  • Jul 31, 2009 12:23pm Jul 31, 2009 12:23pm
Quoting f4mnect
how about all the bitter petty people on this thread just shut up, enough is enough. How about focusing on trading and what edge put before us and be gratefully for what edge has offered you here. if you want to bitch and complain and trade something else, so be it. but this is not the place for all you crap. I'm really getting tired of the distractions and lack of focus. Also the indicator envy is a pain in the ass. Edge Thank You so very much for all you time and energy that you have put into this thread. This will be my last post that is not...
I second that........ keep learning and trade.....
  • #4,151
  • Jul 31, 2009 12:25pm Jul 31, 2009 12:25pm
Quoting TudorGirl
Please do not be afraid to ask me questions!! You are seeking for your grail system and you are putting in some serious effort. It is a pleasure to help. On advice from the Boss, I only ignore bullying questions from the thread's moron element .

You are right that I am not waiting for blocks to form. You will also have noticed from my account that I am not waiting for one trade to close before adding another. As the trends unfold, what are commonly called "pullbacks" are just velocity/acceleration opportunities waiting to happen. That is...
Thank you yet again!

One final question (for now hehe) - are you using anything other than the acceleration and velocity to give you an entry point? Or have you simply found the appropriate levels of these to all but guarantee a 10 pip move? If you are using something else, could you hint at what that might be?

Oh, and I'm not so great on the coding side - is there a simple MQ4 term to specify time period between present and last plotted time point?
  • #4,152
  • Jul 31, 2009 12:29pm Jul 31, 2009 12:29pm
Quoting Mindsphere
Thank you yet again!

One final question (for now hehe) - are you using anything other than the acceleration and velocity to give you an entry point? Or have you simply found the appropriate levels of these to all but guarantee a 10 pip move? If you are using something else, could you hint at what that might be?

Oh, and I'm not so great on the coding side - is there a simple MQ4 term to specify time period between present and last plotted time point?
Nope - just vel/acc. MT4 simply indexes the time series, eg Close[0] is the current value of Close, then Close[1] is the previous bar, Close[2] is the one before that, etc.

Easy!!! And good luck...

Anne
  • #4,153
  • Jul 31, 2009 12:31pm Jul 31, 2009 12:31pm
Quoting TudorGirl
Please do not be afraid to ask me questions!! You are seeking for your grail system and you are putting in some serious effort. It is a pleasure to help. On advice from the Boss, I only ignore bullying questions from the thread's moron element .

You are right that I am not waiting for blocks to form. You will also have noticed from my account that I am not waiting for one trade to close before adding another. As the trends unfold, what are commonly called "pullbacks" are just velocity/acceleration opportunities waiting to happen. That is why...
Hi Anne,
Great results, congrats.
Been playing around with some algo 'stuff'.
Gotta question for you...
Is it at all possible to have linear 'price' markers as to where exactly velocity and acceleration might wane. Ofcourse, apart from a static TP.
Your input would be appreciated.
  • #4,154
  • Jul 31, 2009 12:32pm Jul 31, 2009 12:32pm
Quoting TudorGirl
Nope - just vel/acc. MT4 simply indexes the time series, eg Close[0] is the current value of Close, then Close[1] is the previous bar, Close[2] is the one before that, etc.

Easy!!! And good luck...

Anne
Ah, I actually meant is there a way to give a value of the time elapsed between two points - because with Renko obviously the time varies so you can't just take the 1 minute per value in the time series?
  • #4,155
  • Jul 31, 2009 12:33pm Jul 31, 2009 12:33pm
Quoting lrathi

#property copyright "Copyright 2009, Anne Boleyn, PhD"
#property link "www.SimonShepherd.com" http://www.forex-tsd.com/images/smil...uth_closed.gif


SIMONSHEPHARD is TEX on this forum

mq4 version found on above link on this post....

No doubt this will interest the other "CODERS" on this thread!
A good catch! Well done!!
  • #4,156
  • Jul 31, 2009 12:38pm Jul 31, 2009 12:38pm
Quoting Mindsphere
Ah, I actually meant is there a way to give a value of the time elapsed between two points - because with Renko obviously the time varies so you can't just take the 1 minute per value in the time series?
Not sure, but I think you can say Time[0] and Time[1] for the times of the two bars (bar OPEN time, I think). So Time[0] - Time[1] should give you the difference in seconds. Please check this before taking my word on it!!

Anne
  • #4,157
  • Jul 31, 2009 12:38pm Jul 31, 2009 12:38pm
Hey Irathi,

Being that you are so very critical of others work here why don't you share with the rest of us any indicators you have written and shared here on FF...

I'd like to see what kind of work you are capable of ... From all your posting you must be a brilliant programmer.
  • #4,158
  • Jul 31, 2009 12:41pm Jul 31, 2009 12:41pm
Quoting TudorGirl
Not sure, but I think you can say Time[0] and Time[1] for the times of the two bars (bar OPEN time, I think). So Time[0] - Time[1] should give you the difference in seconds. Please check this before taking my word on it!!

Anne
Ah, but by your definition to calculate velocity we'd need the close time of the previous Renko bar (because this is when the indicator value would be set in stone) and the close time of the current bar. I'm guessing you're working out the time a different way then? :o)
  • #4,159
  • Jul 31, 2009 12:44pm Jul 31, 2009 12:44pm
Quoting Mindsphere
Ah, but by your definition to calculate velocity we'd need the close time of the previous Renko bar (because this is when the indicator value would be set in stone) and the close time of the current bar. I'm guessing you're working out the time a different way then? :o)
Sure - but the Close time of the previous bar is almost exactly the same time as the Open of the current bar. It is certainly near enough!!

Or am I misunderstanding your meaning here?

Anne
  • #4,160
  • Jul 31, 2009 12:45pm Jul 31, 2009 12:45pm
Quoting SkyzerFX
studbiol, "Red lines false signals" based on what?

Also would you think 9 trades taking on signals and only 1 win
"little" too much for false signals? How to know which one
is false if 90% of them false?
I only take trades, when this happens:
1. TRIX (7EEE0) gives an arrow
AND
2. PA over/under LWMA 12
AND
3. PA crosses HAMA

At the red line PA had not yet crossed the HAMA -> NO TRADE!

The next thing is that I took only 2 trades:
1. short at 12:35 (GMT +2)
2. long at 15:10 (GMT+2)

And that means: 2 trades = 2 winners

This is a top-result which I don`t often get.
If there are pips you can collect - just do it!
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