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Indicators development for T101's not very simple method

  • #1,141
  • Feb 18, 2010 5:28pm Feb 18, 2010 5:28pm
Quoting hndymann
I think the profitlock still works in the orginal thread.
http://www.forexfactory.com/showthread.php?t=107119
Hello hndymann,
The one in the first post? I tried it again yesterday and it was saying: expired.
Thanks for answering anyway.
  • #1,142
  • Feb 18, 2010 5:33pm Feb 18, 2010 5:33pm
Quoting schmurex
Hello hndymann,
The one in the first post? I tried it again yesterday and it was saying: expired.
Thanks for answering anyway.
Yeah, that's the one I was talking about. I guess he put an expiration date on it. Sorry, I am of no help.
  • #1,143
  • Feb 18, 2010 7:48pm Feb 18, 2010 7:48pm
almost missed the #1 anchor buy get knocked of by a sell. now staring to change to sell mode myself. lets see how far it goes. the T101dashboard could use an email alert for #1 and 14 anchor change as well.
Attached Image (click to enlarge)
Click to Enlarge Name: anchor change.gif Size: 23 KB
  • #1,144
  • Feb 20, 2010 4:17am Feb 20, 2010 4:17am
Quoting hazelj80
yep, i would have bought once on the 25th around 07:00GMT and sold one time on the 26 around 06-9 GMT. then there was a false buy signal that i would have hopped out of because the sells took control and it went way below +100 closer towards just what you were paying in spread for the IA. then that's a small loss. then i would have sold again.

tough week but that's how I would have played it and yes that was about a 1500 pip week.

P.S i don't use that indicator at all so i am looking at this a little differently
hello hazelj,

I applied a +100 line on this indicator and find that most of the action is actually contained below 100. see attached image. what's wrong here? did u mean +10 ?
Attached Image (click to enlarge)
Click to Enlarge Name: BuysVsSells.jpg Size: 124 KB
  • #1,145
  • Edited 5:02am Feb 20, 2010 4:49am | Edited 5:02am
Quoting pgd
hello hazelj,

I applied a +100 line on this indicator and find that most of the action is actually contained below 100. see attached image. what's wrong here? did u mean +10 ?
nope I mean +100. that's' just sideways to me. unless you've figured out how to use the H1 and m15 profitgraph indicator to time entries like he talks about in a completely different forum,. I would not mess with those trades.

EDIT: try putting it on a USD based chart not a JPY pair. that could be the problem.
  • #1,146
  • Edited 6:51pm Feb 20, 2010 10:44am | Edited 6:51pm
pgd,

Are you using .01 instead of .1 for Lots? Or are you using a mini account? The 100 would not be used then. It would be 10. I'm starting to wonder did I set up the indicators for 5-digit brokers. I normally do put code:
if(Point == 0.01 || Point == 0.0001) Pip = Point;
else if(Point == 0.001 || Point == 0.00001) Pip = Point*10; //Edit: I put Point/10 before, but that was incorrect

And then I use Pip double variable throughout.

But maybe I didn't this time. This is not my normal coding experience for sure. Coding for one pair is much different than for a basket to me for sure.

Anyways, I will look at it when I get a chance.

Regards,

Don


Quoting pgd
hello hazelj,

I applied a +100 line on this indicator and find that most of the action is actually contained below 100. see attached image. what's wrong here? did u mean +10 ?
  • #1,147
  • Feb 20, 2010 12:11pm Feb 20, 2010 12:11pm
Sorry was very busy last week.

Last week wrap up.
Holding basket for a week didn't seem very good idea. As you could see from the chart if you entered at the point I have you would have just a light profit, otherwise it were very good opportunities for gaining much more.

Last week was another proof that basket price respects all main technical principals, not only fibo lines, but the trend lines too. The uptrend line was broken last week and we shall see if it was just a support testing or major trend change.

Cheers to everyone,
Orest
Attached Image (click to enlarge)
Click to Enlarge Name: week.png Size: 29 KB
  • #1,148
  • Feb 20, 2010 12:16pm Feb 20, 2010 12:16pm
For those who still use my indicator here are upcoming changes:

1. Price in pips and dollars
2. Account protection part: in dollars and pips
  • #1,149
  • Feb 20, 2010 2:53pm Feb 20, 2010 2:53pm
Quoting Orest
Sorry was very busy last week.

Last week wrap up.
Holding basket for a week didn't seem very good idea. As you could see from the chart if you entered at the point I have you would have just a light profit, otherwise it were very good opportunities for gaining much more.

Last week was another proof that basket price respects all main technical principals, not only fibo lines, but the trend lines too. The uptrend line was broken last week and we shall see if it was just a support testing or major trend change.

Cheers to everyone,
Orest
hey, what MA's are you using on the buyallpairs/ have you ever seen the zerolag type MA. i know, an oxymoron! no such thing as "nonlag" ma. ma's all lag! but this one just turns quicker.

try putting the 8 period and 21 period ZLMA on the indicator and see if you can determine trend quicker. or put on smaller TF's to scalp

note: you have to modify the code to be able to put in the same window as buyallpairs.

found it here: http://codebase.mql4.com/717

yeah, i bought this week and won. then tried to sell and it was up, then turned around on me. this might help scalping capabilities with this method
Attached File(s)
File Type: mq4 ZeroLAG MA.mq4   3 KB | 527 downloads
  • #1,150
  • Feb 20, 2010 3:23pm Feb 20, 2010 3:23pm
Quoting hazelj80
now that i take a look at it, everything does seem correct. but i guess what i need is for the "m" to be taken out since i do not use IBFX or make a suffix parameter. i think that's where my problem is and when i use 5 digit accounts. this has came up before so that's what's really all that's wrong with it. nothing serious. I think because when don tried to modify it for the original pairs we use, it had very different readings.

but if you could change that to where I don't have to always use IBFX mini account and to where it just adds the JPY...
hazelj80,

I updated the following bugs:

- Variable suffixes for different brokers
- Point/digits calculation
- Dollar amount calculation

Hopefully these items are correct now. Unfortunately, I did not have much time to thoroughly test these changes on different brokers.

I did not complete the other items you requested (alert, consolidating non-USD and non-JPY currencies into 1 "Other" category). I'm sure someone can figure out how to do them.
Attached File(s)
File Type: mq4 T101_Dashboard_zz.mq4   29 KB | 609 downloads
  • #1,151
  • Feb 20, 2010 3:25pm Feb 20, 2010 3:25pm
Quoting zznbrm
hazelj80,

I updated the following bugs:

- Variable suffixes for different brokers
- Point/digits calculation
- Dollar amount calculation

Hopefully these items are correct now. Unfortunately, I did not have much time to thoroughly test these changes on different brokers.

I did not complete the other items you requested (alert, consolidating non-USD and non-JPY currencies into 1 "Other" category). I'm sure someone can figure out how to do them.

thanks. cant' wait to test this out!
  • #1,152
  • Edited 5:19pm Feb 20, 2010 5:06pm | Edited 5:19pm
hazelj80.

I guess the way you say to fix the totals for each currency (not pair) could work, but you have to remember that the pairs at the top are in a buying or selling scenario (simulating a real trade), so spread is counted. The totals for each currency (not pair) wouldn't count spread at all IMHO.

Also:
"EDIT: try putting it on a USD based chart not a JPY pair. that could be the problem."

Any of these indicators should read the same on all charts of the same timeframe (e.g. put it on JPY pair or non-JPY pair on M30 chart and they should have the same numbers).

zznbrm,

Thank you for updating your indicator. I know hazelj80 has really wanted it done, and I couldn't understand how to do it. Maybe if I wold have started in start() and worked my way through there step-by-step, that would lead me to the code I would have needed to change. Anyways, thank you from me too.

Edit: It didn't work for me on FXDD since it only works with IBFX pairs. This is one of the things I changed in it before, per hazelj80's request, and also incorporated spread into totals in columns 1-14 and in last column at bottom (at least they looked right to me) and currency value of pips.

Regards,

Don


Quoting hazelj80
[font=Arial]http://cdn.forexfactory.com/attachme...1&d=1224006226...
  • #1,153
  • Feb 20, 2010 5:19pm Feb 20, 2010 5:19pm
you are right don, i have no clue why the indicator is doing what it's doing but of course i;m not a coder. but yes, the dashboard does seem to read correct and in line with your buysvssells indicator so that's a good thing. I guess to make the totals for "USD" JPY" and "other" you'd have to break it down buy currency pairs and if it's on the sell basket or buy basket.

so to get the red JPY total, you'd have to add up the total for the sell pairs. and then the green total would be all the JPY buy pairs of course. then the same for the USD. the others total would be any pair that does not have either the JPY or USD in it, which would leave 3 pairs if I'm not mistaken. yeah, it could be done and it was once before in a picture, but not in this version of the indicator. that would mean instead of the individual columns we have now we'd have just 3 and then the TOT column.

I can work with this for now. but your buyallpairs indicator has me curious as well with using the ZLMA. wonder if you could scalp it on the 15 for entries and H1 for trend?
  • #1,154
  • Feb 20, 2010 8:36pm Feb 20, 2010 8:36pm
I think it's confusing when trying to differentiate between buy pairs and sell pairs when calculating individual currency gains or losses. I'd treat them all as buys myself, but that's me. then you'd knoe definititely which currencies are stronger, without thinking buy pair/sell pair.

Quoting hazelj80
you are right don,...
  • #1,155
  • Feb 20, 2010 9:12pm Feb 20, 2010 9:12pm
yeah I will just run it as is.

I was looking at your buyallpairs indicator with a 5 period MA on the H1 and M15 and look at the H1 for trend and M15 for entry
  • #1,156
  • Feb 20, 2010 11:03pm Feb 20, 2010 11:03pm
Looks like I made the Sell pairs to be the Buy pairs and vice versa. I used the t101madeeasy pdf.

So anybody using my indicators, please open indicator in MetaEditor and see what pairs are listed in init() function. The first 7 are buy pairs and the last 7 are sell pairs. This is their initial positions. Buys on top, sells on bottom. But the first post looks to say Sell pairs first and Buy pairs last.

Regards,

Don
  • #1,157
  • Feb 20, 2010 11:29pm Feb 20, 2010 11:29pm
Quoting zznbrm
hazelj80,

I updated the following bugs:

- Variable suffixes for different brokers
- Point/digits calculation
- Dollar amount calculation

Hopefully these items are correct now. Unfortunately, I did not have much time to thoroughly test these changes on different brokers.

I did not complete the other items you requested (alert, consolidating non-USD and non-JPY currencies into 1 "Other" category). I'm sure someone can figure out how to do them.
Hi guys and gals,

Unfortunately had a power surge at the start of last week and it killed all but my monitors, not sure what from but thank god for insurance!!!

Anyway, zznbrm I thank for your work on the dashboard it's much appreciated.
There is one addition that above all else that would complete the indicator for me and that is a user set 'close date and time'. Where if the user sets the close date and time the current date and time is ignored.
Example; estrOpenDate set to "2010.02.14 23:00
estrCloseDate set to "2010.02.16 22:59

This would give us the ability to to look back at any window of time for analysis and really pinpoint correct entries.
Of course this would be limited to meta history.

The indi also needs to do it's normal thing if that new variable is left empty.

I have tried to follow the coding and work it out for myself but it's still beyond me.
If anyone has the ability to do this it will benefit us all.

Thanks again,

HistoryFX http://cdn.forexfactory.com/images/icons/icon14.gif
  • #1,158
  • Feb 21, 2010 1:28am Feb 21, 2010 1:28am
Quoting HistoryFX
There is one addition that above all else that would complete the indicator for me and that is a user set 'close date and time'. Where if the user sets the close date and time the current date and time is ignored.
Example; estrOpenDate set to "2010.02.14 23:00
estrCloseDate set to "2010.02.16 22:59
Yeah, that seems like a logical thing to do. See updated, attached indicator.

Keep in mind that the indicator uses the current chart timeframe. So, to get a close time of "22:59", you would have to attach to the M1 chart.

Again, I did minimal testing of this...so please test accordingly.
Attached File(s)
File Type: mq4 T101_Dashboard_zz.mq4   29 KB | 673 downloads
  • #1,159
  • Feb 21, 2010 3:15am Feb 21, 2010 3:15am
Quoting zznbrm
Yeah, that seems like a logical thing to do. See updated, attached indicator.

Keep in mind that the indicator uses the current chart timeframe. So, to get a close time of "22:59", you would have to attach to the M1 chart.

Again, I did minimal testing of this...so please test accordingly.

Wow that was fast! http://cdn.forexfactory.com/images/icons/icon10.gif

Thankyou very much! I will test away.

I'm not 100% certain but is the spread included or not? It appears as though it's not. Could it be put in without too much trouble as it is quite important as it will govern the placement of pairs from the start date.

HistoryFX
  • #1,160
  • Feb 21, 2010 5:18am Feb 21, 2010 5:18am
As I am primarily a VSA(volume spread analysis) trader I can't believe I have only just thought of this. A Basket volume indi would be a fantastic addition to this method and really help with entries and exits big time.

Attached are 2 indis I have on all mt4 charts and work very well. At present they only show the tick volume of the chart they are attached to, but obviously we need it to show the sum total or combined volume of all pairs in the basket.

If someone could take the time to alter on of these it would be great.
It may not be possible I'm really not sure.

I'm excited,

HistoryFX.http://cdn.forexfactory.com/images/icons/icon10.gif
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