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Indicators development for T101's not very simple method

  • #1,501
  • Apr 8, 2010 12:24am Apr 8, 2010 12:24am
Way to go Cherry ! I mean charvo.

Lets hear it from the horse's I mean Bananas mouth now!

If he has actually figured out a trigger to let the profits run, then ladies and gentlemen, I think we've found the holy grail.

Here is crossing my fingers hoping he has!

Quoting charvo
this is not banana, this is cherry

good question, but i doubt there is a good answer for why banana's basket is still "riding" the trend.

if using Orest EA, 2ProtectAccount, or MPTM, then Monday's basket should have already exited on Tuesday Asian session according to Profit-Locking of these EAs.

And besides Profit-locking of these EAs, there is hardly any better solution to stay "riding" the trend.

maybe banana's EA was turned off on Tuesday morning.
  • #1,502
  • Apr 8, 2010 1:38am Apr 8, 2010 1:38am
Quote
maybe banana's EA was turned off on Tuesday morning.

sure ! i dont turn it off , but i dont use lock profit function
look like : using Trailing stop
the first basket have some profit on Monday,

and become negative -150 pips on Tuesday, the stop lost is -560usd still not hit .

so when H4 of Orest become short strong again, i make a second SHORT basket.

and let the profit running .
  • #1,503
  • Apr 8, 2010 8:48am Apr 8, 2010 8:48am
http://i285.photobucket.com/albums/l...o/april8th.jpg
  • #1,504
  • Apr 8, 2010 10:03am Apr 8, 2010 10:03am
Hey Banana,

Dont your Buys and Sells potentially reduce your winnings (because of hedge) ?

Quoting banana9009
http://i285.photobucket.com/albums/l...o/april8th.jpg
  • #1,505
  • Apr 8, 2010 10:09am Apr 8, 2010 10:09am
He only sold. No buys(except for outliers maybe).
  • #1,506
  • Apr 8, 2010 10:10am Apr 8, 2010 10:10am
Quoting Deusomega
He only sold. No buys(except for outliers maybe).
Check Samir's indicator - Buy & Sell Values netting to 4k
  • #1,507
  • Apr 8, 2010 10:18am Apr 8, 2010 10:18am
Quoting arjuncora
Check Samir's indicator - Buy & Sell Values netting to 4k
Yeah like I said there are some outliers. Like when you are suppose to sell all it is sometimes better to buy a few too rather than sell them.
  • #1,508
  • Edited 8:33pm Apr 8, 2010 10:34am | Edited 8:33pm
Quoting Deusomega
Yeah like I said there are some outliers. Like when you are suppose to sell all it is sometimes better to buy a few too rather than sell them.
I agree. My question is when you sell and buy.. be it just the outliers.. dont they act as a hedge ?

--- Just got what you meant by buying outliers.. Sorry ..
  • #1,509
  • Apr 8, 2010 11:17am Apr 8, 2010 11:17am
Quoting arjuncora
I agree. My question is when you sell and buy.. be it just the outliers.. dont they act as a hedge ?
That question shows that you have not read the basics of this BTS. pls go and read the Trader 101 thread, then you will understand the logic behind this buying or selling of these pairs.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,510
  • Edited 8:33pm Apr 8, 2010 12:46pm | Edited 8:33pm
Quoting Kosomolate
That question shows that you have not read the basics of this BTS. pls go and read the Trader 101 thread, then you will understand the logic behind this buying or selling of these pairs.

kos
Hi Kos,

Thank you. But I've read all the threads multiple times and I understand the logic decently well if I might say so. I am looking at the OPEN ORDERS column in samirs indicator as shown in bananas visual. He has both Buys as well as Sells open here. My question was regarding this.

-----

Again, Sorry just got this.
  • #1,511
  • Apr 8, 2010 2:00pm Apr 8, 2010 2:00pm
Only making Don's indicator looks a bit more comfortable.....no logical/functional change......

i use IBFX mini, which uses EURUSDm, GBPJPYm, etc,
so in settings: Pair_suffix = m ; however, for example, if ur pair is EURUSD as regular, you should use Pair_suffix = .

i'm not available answering questions how to use this.
Attached File(s)
File Type: mq4 T101_BackTest_Charvo.mq4   97 KB | 676 downloads
  • #1,512
  • Apr 8, 2010 2:05pm Apr 8, 2010 2:05pm
OK, because if you BUY USD, the pairs with USD on the front, you do the opposite.

when you sell the GBP with GBP on the front, the pairs that is opposite (EUR/GBP) you do the opposite.

thats the part you do not understand. you really have to look at whats going on here to understand. most people understand very basic concepts here. but thats different than actually knowing how to trade like this. you have to understand EVERYTHING here. not just some things
  • #1,513
  • Apr 9, 2010 9:15am Apr 9, 2010 9:15am
The changes Charvo made look good to me. Mainly just made the font not as bold, and gave the ability to position at multiple corners on the chart, and also put a line in between the top 7 and bottom 7 pairs. The fidelity of calculations is indeed kept from the original. I'm sure someone else will find the changes/additions Charvo has done to be useful. Good job Charvo.

Regards,

Don


Quoting charvo
Only making Don's indicator looks a bit more comfortable.....no logical/functional change......

i use IBFX mini, which uses EURUSDm, GBPJPYm, etc,
so in settings: Pair_suffix = m ; however, for example, if ur pair is EURUSD as regular, you should use Pair_suffix = .

i'm not available answering questions how to use this.
  • #1,514
  • Edited 1:28pm Apr 10, 2010 11:41am | Edited 1:28pm
I excuse to all members here for the off-topic, but is there some option to start new thread in ff.That option missing and after reading the rules i can not understand how to create new thread.
I write this question here, because of my favourite and visible for more members.
Thanks!
  • #1,515
  • Edited Apr 12, 2010 12:12am Apr 11, 2010 10:40pm | Edited Apr 12, 2010 12:12am
Hi, Don:

your backtest indicator works great on my IBFX live and demo accounts. However, when I attach it to FXDD demo account (it will use CADJPY, USDCAD, instead of NZDJPY, NZDUSD), the calculation of P/L seems problematic. those XXXJPY give 15000 when it is suppose to give 15 (i guess). same error for both my edited version and your original.

I have not found out why, still looking, just a feedback.

Similar issues are observed too on your 'T101 BuyAllPairs' indicator.

my guess is somewhere it should've been "marketinfo(pair, mode_point)", but you used "Point".

thanks.

Edit: IGNORE my problem please, it is a problem on my end.

Quoting disbellj
The changes Charvo made look good to me......
Regards,
Don
  • #1,516
  • Apr 12, 2010 7:49am Apr 12, 2010 7:49am
charvo,

Set user input UseIBFXPairs to false on FXDD. FXDD doesn't have all the ibfx (universal) pairs.

Regards,

Don


Quoting charvo
Hi, Don:

your backtest indicator works great on my IBFX live and demo accounts....
  • #1,517
  • Apr 12, 2010 4:56pm Apr 12, 2010 4:56pm
SHORT basket NOW!

Reason:

A-samir's indicator shows that Selling pairs are gaining profit. It has been for a few hours, and just now, the profit for the slot 1 has been 100+ pips, and the loss for the slot 14 has been over -100 pips. so this overall bearish movement seems evident, and should last for at least a few hours till Tuesday.

but this is not an ideal timing. my feeling is euro session is ideal; U.S is good too, but rare; Asian is ok often. and the timing of this entry now is worst because all markets are in fact closed now. however, the feeling is GO.
  • #1,518
  • Apr 12, 2010 10:03pm Apr 12, 2010 10:03pm
Lets watch and see how it plays out.
Thanks for the alert Charvo
  • #1,519
  • Apr 13, 2010 4:07am Apr 13, 2010 4:07am
Banana, can you confirm this entry, and if you you can give your advise as to why or why not we shouldnt have taken the trade when Charvo alerted us would be great help.

Thanks guys for your continuing help and support.

PS, Please post your entry for this week in you can.
  • #1,520
  • Apr 13, 2010 8:44am Apr 13, 2010 8:44am
short basket at 9AM NY times

http://i285.photobucket.com/albums/l...ketapril14.jpg
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