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Indicators development for T101's not very simple method

  • #1,661
  • Apr 27, 2010 2:43pm Apr 27, 2010 2:43pm
Out at plus 350. Would have been better if I used a trade manager instead of closing manually, but it makes up for yesterday. Thanks for the explanation Kos. I've just been watching the BI indi and G/J and E/J without really paying attention to the jumping pairs.

I think this still has room to move, but I don't trade NY afternoon to middle Tokyo session, so I'll check back in before I go to bed and see what happened.
  • #1,662
  • Apr 27, 2010 2:57pm Apr 27, 2010 2:57pm
Quoting disbellj
Nice offline chart zznbrm.
disbellj & hazelj80,

I'll try to update the script I use to generate the basket charts so you guys can try it out. The script currently has some hard-coded values for my broker and has some bugs with live updating of the chart.

In the meantime, here is the data for 2010 in US Eastern Time so you can check it out for yourself and see if it is useful.

Extract the files from the zip and save to your MT4 history folder.

Thanks...zznbrm
Attached File(s)
File Type: zip Jan10-Apr10.zip   3.4 MB | 685 downloads
  • #1,663
  • Apr 27, 2010 3:13pm Apr 27, 2010 3:13pm
Quoting zznbrm
disbellj & hazelj80,

I'll try to update the script I use to generate the basket charts so you guys can try it out. The script currently has some hard-coded values for my broker and has some bugs with live updating of the chart.

In the meantime, here is the data for 2010 in US Eastern Time so you can check it out for yourself and see if it is useful.

Extract the files from the zip and save to your MT4 history folder.

Thanks...zznbrm

thanks my friend. this should be a big leap forward here. very advanced! cant wait to see the script when the bugs are worked out. we have been in private trying to do what you just posted a picture of but not successful. I'm sure don will be excited.
  • #1,664
  • Edited 4:52pm Apr 27, 2010 4:32pm | Edited 4:52pm
zznbrm,

Yes, like hazelj80 said, I am excited at the prospect.

Mainly because although I did code Semafor for T101, etc., I'm seeing differences between what I coded, and what I would expect to see normally (like multiple top 3's or bottom 3's in a row, instead of the back and forth between top 3 and bottom 3 as expected).

If we had an offline chart that updated correctly, we would trade the basket just like we were trading one pair, and it would help to be able to test out different strategies without going through the trouble of "re-inventing the wheel" each time, if you know what I'm saying (basically having to re-write every indicator I want to use, to be a part of my BuyAll indicator).

It would also be useful to make one offline chart like hazelj80 trades it (based on groups Julius talked about in another forum), trading EURGBP and USDCHF (or if trading non-IBFX USDCAD too) in the opposite direction of the rest of the basket (that 300+ pips I got at beginning of week was mostly from the opposite EURGBP direction - or at least it was the biggest gainer on that trade - which leads us back to "You never know which one of the team will be the VIP this trade/game").

I'll take a look at the history and see what I can see.

Dang, I'm lovin' it! I just placed Semafors (original indicator) on M1 offline basket chart, and just like in the last hour looks like 300 pips from top 3 to bottom 3. Is that right?

Thank you, and regards,

Don

Quoting zznbrm
disbellj & hazelj80,

I'll try to update the script I use to generate the basket charts so you guys can try it out. The script currently has some hard-coded values for my broker and has some bugs with live updating of the chart.

In the meantime, here is the data for 2010 in US Eastern Time so you can check it out for yourself and see if it is useful.

Extract the files from the zip and save to your MT4 history folder.

Thanks...zznbrm
  • #1,665
  • Apr 27, 2010 4:38pm Apr 27, 2010 4:38pm
Just watched ones again charts on gj and ej.To these who using tl s/r in my viewing gj and ej will touch respectevely 141.00 and 122.00 in the same time.Also gu falling into the 1.5200.From these leves i will buy all 14 pairs if i'am in front of the pc.If this pairs situated together in this levels it's will be good.
  • #1,666
  • Apr 27, 2010 4:40pm Apr 27, 2010 4:40pm
On this post smjones posted an indicator that draws basket charts, but he created it for xxxjpy baskets.
He only posted the ex4 file, but maybe if you ask him he would share the source code so it can be adapted to the universal pairs used here.
  • #1,667
  • Apr 27, 2010 5:12pm Apr 27, 2010 5:12pm
Quoting Empori
Just watched ones again charts on gj and ej.To these who using tl s/r in my viewing gj and ej will touch respectevely 141.00 and 122.00 in the same time.Also gu falling into the 1.5200.From these leves i will buy all 14 pairs if i'am in front of the pc.If this pairs situated together in this levels it's will be good.
yeah, I'm waiting for the buy as well. it's gonna take some time but it will happen

I'm on the H4 so every 4 hrs isn't that bad to check back

yes, smjones is a very good trader who knows what hes doing and his basketbars helps me out a lot with this method after being told what the code means and interpreting that
  • #1,668
  • Apr 27, 2010 6:27pm Apr 27, 2010 6:27pm
Hey guys,

Having some trouble getting the pairs to show on my chart. Any thoughts or suggestions would be appreciated.

Michael
Attached Image (click to enlarge)
Click to Enlarge Name: samir.gif Size: 17 KB
  • #1,669
  • Apr 27, 2010 7:57pm Apr 27, 2010 7:57pm
Quoting MichaelLee_8
Hey guys,

Having some trouble getting the pairs to show on my chart. Any thoughts or suggestions would be appreciated.

Michael

Probably your pair name. Looks like the pairs on your broker end in "FXF" so you need to add the suffix to the indicator.
  • #1,670
  • Apr 27, 2010 9:25pm Apr 27, 2010 9:25pm
Thanks for the tip.....that did it!
  • #1,671
  • Apr 28, 2010 12:15am Apr 28, 2010 12:15am
This incline me to think that is possible to make ea which execut 14 baskets when gj reach some level of TL or S/R (for example BUY when touch 141.00).Also inside there possibility to build tp whith locking (like Julius 2Protect acc and mini Protect acc) and sl.
This is just idea

Quoting hazelj80
yeah, I'm waiting for the buy as well. it's gonna take some time but it will happen

I'm on the H4 so every 4 hrs isn't that bad to check back

yes, smjones is a very good trader who knows what hes doing and his basketbars helps me out a lot with this method after being told what the code means and interpreting that
  • #1,672
  • Apr 28, 2010 12:27am Apr 28, 2010 12:27am
I dont even lock in profit anymore. you can or not. but you saw kosolomate got kicked out at 1410 pips and i never use profit lock and got 1535 pips. there can be a true/false option depending on what indicators are being used and how they're being used but yes, somehow it might be able to be automated.
  • #1,673
  • Edited 5:59am Apr 28, 2010 5:05am | Edited 5:59am
Yes, the ea would be able to be with or without profit lock, depends how would be designed.If somebody create the ea like this it will be comfortable to these who use tl and s/r.
Ye i do not use profit lock too.I using "Close trades after account profit reached" and "Close trades after account loss too much".These ea's or scripts must to put in expert folder, not in script folder.I use it 2 months on demo and real.It observing total profit and loss coming from all executed position on the terminal and closing in total profit/loss which you had gave.
Attaching - into the g/j 1m due to more volatility pair and able to catch each tic faster than other pairs.

I attaching these ea's for users who don't know it.For rest of the users this is nothing new.

The picture is last night buy during asian session.
Attached Image (click to enlarge)
Click to Enlarge Name: using 'Close trades after account profit reached '.gif Size: 117 KB
Attached File(s)
File Type: mq4 CloseTrades_After_Account_Profit_Reached.mq4   3 KB | 528 downloads
File Type: mq4 CloseTrades_After_Account_Loss_TooMuch.mq4   3 KB | 487 downloads
  • #1,674
  • Apr 28, 2010 7:46am Apr 28, 2010 7:46am
And here I made some additional buy's:
-first & second pics are begining and ending of buy basket,
-thirt & fourth pics are buy with only jpy's last night and today respectevelly.

In every BUY's did not the technique used, and won as much sense.Under sense i mean large falling all yesterday and there will be small correction.I used that.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: buy begining.gif Size: 107 KB
Click to Enlarge Name: buy end.gif Size: 117 KB
Click to Enlarge Name: last night buy jpy's.gif Size: 88 KB
Click to Enlarge Name: today's buy jpy's.gif Size: 99 KB
  • #1,675
  • Apr 28, 2010 7:49am Apr 28, 2010 7:49am
Are you guys going to trade through the FOMC in a few hours?

Samir shows a strong short for the week, orest shows a strong short for the week but a strong long for the smaller timeframes. Some of the news services I follow suggest that larger traders are going to short EURJPY and GBPJPY as they approach the 10 day MA. Do any of you get a feeling that another short move is coming, or do you just trade the BI signals and T101 indis without looking at other information sources?
  • #1,676
  • Apr 28, 2010 8:08am Apr 28, 2010 8:08am
I will stay away till the picture getin' clear, perhaps till tomorrow.Almost every pairs climbed much more in a last 12 hours, so this can be a trap for bulls and indicators on large tf's to have right.

Quoting dr_zeus
Are you guys going to trade through the FOMC in a few hours?

Samir shows a strong short for the week, orest shows a strong short for the week but a strong long for the smaller timeframes. Some of the news services I follow suggest that larger traders are going to short EURJPY and GBPJPY as they approach the 10 day MA. Do any of you get a feeling that another short move is coming, or do you just trade the BI signals and T101 indis without looking at other information sources?
  • #1,677
  • Apr 28, 2010 8:36am Apr 28, 2010 8:36am
Quoting Empori
I will stay away till the picture getin' clear, perhaps till tomorrow.Almost every pairs climbed much more in a last 12 hours, so this can be a trap for bulls and indicators on large tf's to have right.

You could be right. G/J and E/J are turning right about where I read that they would, but G/J looks especially choppy. I'm short again but will keep an eye on Yen pairs. bouncing off the 10 day MA.
  • #1,678
  • Apr 28, 2010 8:49am Apr 28, 2010 8:49am
ye, and as i said yesterday next level on g/j is abt 139.00 +/-
Will see, every decision will take for every single day, sometimes days.
Good luck with shorts

Quoting dr_zeus
You could be right. G/J and E/J are turning right about where I read that they would, but G/J looks especially choppy. I'm short again but will keep an eye on Yen pairs. bouncing off the 10 day MA.
  • #1,679
  • Apr 28, 2010 9:03am Apr 28, 2010 9:03am
it will turn to long. the market has moved pretty far in one direction and now it may be time to go in the other. long for me
  • #1,680
  • Edited 10:57am Apr 28, 2010 10:55am | Edited 10:57am
Here's an image of my current short basket. I have arrows pointing to my entry, based on the sharp drop of GBPJPY, EURJPY, and the drop in the green signal line of the "T101 Buy All Pairs indi."

Questions:

1. Should I have waited for the cross of the blue and green MA lines as noted in the circle labelled "Good Entry?"

2. Both the BI indi and "T101 Buy All Pairs indi" still have the MA lines moving up and separated, although the BI lines were intertwined about the time I opened the basket. Do you all trade crosses of these lines, general direction, or consider the separation between the two?

3. I'm still not sure what to do with the tan line in the "T101 Buy All Pairs indi" window. The is the "T101_buyallpairs_anchor_spread" indi, and I've searched the discussion boards but can't find a clear explanation for what it is telling us. Does anyone else use it, and how?
Attached Image (click to enlarge)
Click to Enlarge Name: t101b.JPG Size: 213 KB
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