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Indicators development for T101's not very simple method

  • #1,961
  • Edited 10:02pm May 13, 2010 7:55pm | Edited 10:02pm
OK, i will explain:

to use them do the following:

open the platform then hit F2 then download the history for the original 14 pairs. this could take a while to do ll 14 but it's needed or use the scrollback script on all 14 original pairs on the m1 charts. every one of them. and make sure the autoscroll is off!

take the basketchartscript and attach to a on line M1 chart. set the instructions to true so you can see what types of basket are available and how to make custom ones.

next, pick a data to start with i choose jan 1st 2005. if you have more, go for it. i can tell you that it took 20 mins or so on VPS so be patient. then you will get a popup message "xxxxx records written"

now keep that on line m1 chart open and go to your off line charts and open BASKET M!. keep it open now.

go back to the on line M1 and attach the script again. make sure the start date matches what you did the first time. now, there will be a blue and yellow boxes with all the pairs on the right and a readout on the left. wait until the readout on the left has the present data for ALL the time frames. now you have off line charts for the default basket pairs for the original 14.

if you want to make other basket charts with different pairs, remember to write down the different baskets you can make and then open another M1 chart and type in the set you want where it says BASKET in the script parameters.

example if you type in JPYXXX in the parameter where it says BASKET and it will do all the JPY crosses or XXXJPY will just invert the whole thing. crazy huh?!
  • #1,962
  • May 13, 2010 8:26pm May 13, 2010 8:26pm
Well done.

The script does not need to be attached to a M1 chart - any online chart will work.

Quote
example if you type in XXXJPY in the parameter where it says BAKSET and it will do all the JPY crosses or *XXXJPY will just imvert the whole thing. crazy huh?!

This is not exactly correct.

XXXJPY will give you all JPY pairs with no changes - price of the basket goes down as JPY gets stronger, just like all 7 JPY pairs.

JPYXXX will give you all JPY pairs with all pairs inverted - price of the basket goes up as JPY gets stronger, the opposite of what occurs with all 7 JPY pairs.

Similiarly, if you select USDXXX as the basket, the system will use USDJPY, USDCAD, and USDCHF as is. But it will automatically invert AUDUSD, EURUSD, GBPUSD, and NZDUSD. The inversion is necessary to get all USD pairs "facing" the same way.
  • #1,963
  • Edited 6:33am May 14, 2010 5:21am | Edited 6:33am
Quoting zznbrm
Well done.

The script does not need to be attached to a M1 chart - any online chart will work.



This is not exactly correct.

XXXJPY will give you all JPY pairs with no changes - price of the basket goes down as JPY gets stronger, just like all 7 JPY pairs.

JPYXXX will give you all JPY pairs with all pairs inverted - price of the basket goes up as JPY gets stronger, the opposite of what occurs with all 7 JPY pairs.

Similiarly, if you select USDXXX as the basket, the system will use USDJPY, USDCAD, and USDCHF as is. But it will automatically...
what would cause a chart gap like this one? Ive done everything and looked at all the pairs. my platform was never shut down nor did any pairs have a price gap or price spike. i am at wits end now trying to get it to work properly again

EDIT: now i see there is a zero divide problem with it when i look into the journal. when i did have it up, it looked really good to me. but now i can't even get it to do anything.

also,. if you need a list of all the brokers and their GMT start times I can get them for you
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  • #1,964
  • Edited 8:43am May 14, 2010 8:03am | Edited 8:43am
Quoting hazelj80
what would cause a chart gap like this one? Ive done everything and looked at all the pairs. my platform was never shut down nor did any pairs have a price gap or price spike. i am at wits end now trying to get it to work properly again

EDIT: now i see there is a zero divide problem with it when i look into the journal. when i did have it up, it looked really good to me. but now i can't even get it to do anything.

also,. if you need a list of all the brokers and their GMT start times I can get them for you
Don't know...haven't seen this problem with the script. There is code in there to print some debug messages to the Experts tab when a zero divide problem occurs. Do you see any debug messages in Experts tab - error message should be in this format: "function(), variable=0, symbol= "?

More than likely, at least 1 of the basket pairs was returning a zero for its current price. Probably a glitch with the datafeed. Usually these glitches are only temporary...however, as you have seen, your Basket M1 data is now corrupted with invalid data.

I will work on something to fix the corrupted data.
  • #1,965
  • Edited 10:32am May 14, 2010 9:09am | Edited 10:32am
Is this why offline charts have been deemed unreliable by some? As soon as the data feed begins again, there has got to be a way of rewriting all that data. In my indicator I make candles with, I re-create the objects for all of history at the beginning of each bar. But while that bar is going only the objects for the last candle are re-drawn. Then when new candle starts, it deletes and creates all objects again. This way I know any "downtime" hasn't affected the drawing. Now I do need to add something to my indicator to search each tick for objects on last bar (sometimes the objects disappear for all candles except the previous one, and won't be drawn again until new candle). If objects are not found, then re-draw all objects. Each time I draw objects, I get actual history of each pairs, not a maybe-corrupted history of the combined pairs. If there was a way to make sure each tick if all history is the same (a check), then we could KNOW what we're seeing is correct.

BTW, opened trade yesterday manually on demo before leaving work due to down-sloping line on indicator I made adding T101 to AFIRMA indicator. Turned on profit-locking and see this morning that it got about 510 pips ($459 at $.90/pip). As I was looking at that, my EA I'm testing using BuysVsSells got me into another trade (that I wouldn't have gotten into if I was going by AFIRMA indicator because it was sloping upwards, but a new high on BuysVsSells was made, so trade was put on automatically) that locked and got out with around $287 pips(approx. $1/pip, after it said $310 locked). This is looking more like what I was hoping for. Now if it's consistent is to be tested. I did lose the stoploss amount on this EA a couple days ago, so I know opening trades is working, closing trades is working, profit-locking is working, and stoploss is working. Looking good.

I must thank MrPip for looking at my code. He said he didn't see anything wrong with it why it wouldn't make trades, but whatever he did made the code consistent where it wasn't before. Maybe putting most of the code into include file? I don't know, but must give honor where honor is due. Thank you MrPip! Now it needs tested more to make sure of consistency before I go live with it - may need to tweak rules, but it looks to be trading per the rules (my EAs made trades before and closed trades before, just not at the right times, like the EA wasn't going by the rules set). Edit: After thinking about it, I don't see why the BuysVsSells EA got into the trades it did this morning. Since it's been on since at least yesterday and I know the SellAll line has seen higher highs than what it is at right now - within the last day. So I don't know. I need to test more. But I do thank MrPip for looking at my code. Edit again: Well, the EA is not working correctly. We've CERTAINLY had higher Sells value in the last hour than previously (and I'm looking at M1 chart BuysVsSells at this moment, not that I recommend using it), and no more Sells got put on even though they should have. So it doesn't look like my EAs are fixed. Oh well, one can only try, right? Back to work.

zz, I will try to look at your offline charts today, to see if I can do it correctly. I got to where history had been written, but for some reason it wasn't updating correctly when I put the script on a new M1 chart. I will try and go by updated directions I see in posts here by hazelj and yourself.

Regards,

Don



Quoting zznbrm
Don't know...haven't seen this problem with the script. There is code in there to print some debug messages to the Experts tab when a zero divide problem occurs. Do you see any debug messages in Experts tab - error message should be in this format: "function(), variable=0, symbol= "?

More than likely, at least 1 of the basket pairs was returning a zero for its current price....
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  • #1,966
  • May 14, 2010 9:39am May 14, 2010 9:39am
OK. Just got Orest indi I made to match Orest EA timeframe lineup signaling me to go short. I checked Fisher Transform indicator I made yesterday, and already have $210 locked. Man, if everyday was like today... I would NOT be at work

Edit: I only got out with 141 of that 210, since I didn't have that EA on live to trade (different EA meant just for profit-locking, but didn't want it to close BuysVsSells trades before, so I stopped it from trading and didn't turn it back on. The EA I use for manual profift-locking has no comments and no magic number, so it closes other EAs trades too if left on).

Regards,

Don
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  • #1,967
  • May 14, 2010 10:00am May 14, 2010 10:00am
can you please give us your templetes and indicators
  • #1,968
  • May 14, 2010 10:00am May 14, 2010 10:00am
Quoting disbellj
Is this why offline charts have been deemed unreliable by some?
I do not know the reason why some people think offline charts are unreliable, you'd have to ask them. Off line charts are only as good as your data feed and the code used to create them. I've had no problems in the 3 weeks I've been running my script.

Quote
As soon as the data feed begins again, there has got to be a way of rewriting all that data.

No, you just need to rewrite the data that is "missing". This is how I do it anyway.

Quote
In my indicator I make candles with, I re-create the objects for all of history at the beginning of each bar. But while that bar is going only the objects for the last candle are re-drawn. Then when new candle starts, it deletes and creates all objects again. This way I know any "downtime" hasn't affected the drawing.

That is not very efficient. But if it works for you, go for it.

You must remember you are constructing each bar using the bar data for that timeframe. Your highs and lows are going to be erroneous - sometimes by huge margins. I am using M1 data to construct all higher timeframes to get the most accurate data possible.

Quote
Each time I draw objects, I get actual history of each pairs, not a maybe-corrupted history of the combined pairs. If there was a way to make sure each tick if all history is the same (a check), then we could KNOW what we're seeing is correct.

I've been programming for a long time...I am very confident what I see is correct. I have tested it intensively over the past 3 weeks. But again, with data feeds anything can happen. What happened to hazel is going to happen...it is the nature of the beast (MT4). It is going to happen to my data someday too...there is no stopping it. In the situation where data does not look correct, I will fix it. It's easy to do. But like I said, my data has been excellent so far.

The code I wrote is very complex and contains many checks and balances to make sure the data is as accurate as possible. With this complexity comes a challenge - to make the code efficient enough to update six offline charts (M1, M5, M15, M30, H1, H4) during each iteration. I run the script using a refresh rate of 5 seconds and each iteration takes approximately 0.5 seconds to update the six charts. That's efficient enough for my purposes...it allows me the freedom to add any indicator to the charts, run EAs on the charts, and use multi-timeframe and multi-basket logic to determine the best entries and exits.

Quote
zz, I will try to look at your offline charts today, to see if I can do it correctly. I got to where history had been written, but for some reason it wasn't updating correctly when I put the script on a new M1 chart. I will try and go by updated directions I see in posts here by hazelj and yourself.

You seem to have doubts about the validity of the data in the offline charts. You might want to just stick with what is working for you. I always feel more comfortable running my own programs...that is why I have huge libraries of MT4 code, so I can quickly create any script/indicator/EA and know it is done to my standards.

I don't know what to say...good luck...I hope you find exactly what you are looking for.
  • #1,969
  • Edited 11:55am May 14, 2010 10:03am | Edited 11:55am
Well today is making up for a bad week. 600+ pips and still moving. I'm not using a locking EA or script, so I'll have to keep an eye on it. We are now at support dating back to Nov 2008 for EURJPY and EURUSD, two of the biggest moving pairs.

Edit: Out for about 700 pips, so I caught about 2/3rds of what I saw. I feel good about that. I've got Laguerre indis on EURUSD and EURJPY (leaders of the pack) and they started poking there heads up, indicating a slow down. T101 BuyAll pairs is bending back up, and Orest is showing Long Strong on the 1 hour and 30 minute.

I'm probably out for the day, unless price touches trendmagic and looks like it will drop again or something spectacular. I don't like to trade Friday after London.
  • #1,970
  • May 14, 2010 10:41am May 14, 2010 10:41am
"No, you just need to rewrite the data that is "missing". This is how I do it anyway."

Probably would be the best if I knew how to do it. Hadn't thought about it much.

"That is not very efficient. But if it works for you, go for it."

It's just better than re-drawing all objects each tick, which was VERY inefficient.

"You must remember you are constructing each bar using the bar data for that timeframe. Your highs and lows are going to be erroneous - sometimes by huge margins. I am using M1 data to construct all higher timeframes to get the most accurate data possible."

Actually, because of downloading and recalculating data using MT4 History Center, the method I use actually uses M1 data to calculate all other timeframes. Using MetaQuotes M1 data of course.

"I've been programming for a long time...I am very confident what I see is correct. I have tested it intensively over the past 3 weeks. But again, with data feeds anything can happen. What happened to hazel is going to happen...it is the nature of the beast (MT4). It is going to happen to my data someday too...there is no stopping it. In the situation where data does not look correct, I will fix it. It's easy to do. But like I said, my data has been excellent so far.

The code I wrote is very complex and contains many checks and balances to make sure the data is as accurate as possible. With this complexity comes a challenge - to make the code efficient enough to update six offline charts (M1, M5, M15, M30, H1, H4) during each iteration. I run the script using a refresh rate of 5 seconds and each iteration takes approximately 0.5 seconds to update the six charts. That's efficient enough for my purposes...it allows me the freedom to add any indicator to the charts, run EAs on the charts, and use multi-timeframe and multi-basket logic to determine the best entries and exits.

You seem to have doubts about the validity of the data in the offline charts. You might want to just stick with what is working for you. I always feel more comfortable running my own programs...that is why I have huge libraries of MT4 code, so I can quickly create any script/indicator/EA and know it is done to my standards.

I don't know what to say...good luck...I hope you find exactly what you are looking for."

zz, not questioning your skills, I just haven't had time to check the validity of it. Like I said, I got the history to write, but the chart never updated. Can't say I've had a real chance to look at the validity. I understand you trusting your code. Makes sense. But even you didn't trust your code until you tested it.

You say what happened to hazel just happens sometimes. Well, I guess if it's manual trading it would not be as big a deal maybe? I don't see how that can be ANY good for an EA however - a big ol' spike like that? How does the script and EA handle such a situation? hazel, did your problem on the chart correct itself or did you have to do something manually to correct it?

Regards,

Don
  • #1,971
  • May 14, 2010 10:57am May 14, 2010 10:57am
Quote
Actually, because of downloading and recalculating data using MT4 History Center, the method I use actually uses M1 data to calculate all other timeframes. Using MetaQuotes M1 data of course.

Excellent!
  • #1,972
  • Edited 11:30am May 14, 2010 11:11am | Edited 11:30am
Quoting hazelj80
what would cause a chart gap like this one? Ive done everything and looked at all the pairs. my platform was never shut down nor did any pairs have a price gap or price spike. i am at wits end now trying to get it to work properly again

EDIT: now i see there is a zero divide problem with it when i look into the journal. when i did have it up, it looked really good to me. but now i can't even get it to do anything.

also,. if you need a list of all the brokers and their GMT start times I can get them for you

It happened to me last week when I tried to use that script (ScrollBack or something). I put screen shots for my history center and charts asking for help but nobody answered with a solution. The sad part is that I had to re install the platform like 3 times because AUD/USD feed price was shifted a decimal point to the right (instead of 0.9114 the price on chart was 9.114). I even called IBFX but they said that it was an odd situation.

Anyway, where is the script that makes the basket offline charts? I haven't seen it posted.
  • #1,973
  • May 14, 2010 11:52am May 14, 2010 11:52am
Quoting fcaillou
here you are, i am not the translater, i have found it on another forum.

I don't understand all for the moment.

Good luck
I can't load it on MT4. It gives an error. I am using IBFX
  • #1,974
  • May 14, 2010 2:09pm May 14, 2010 2:09pm
i still must be corrupted or something. i have tried everything. you may want to download brocotrader 4 for yourself to what it is doing. i got it to work on my friends computer and it was on mine working but now i can get it to do anything right. but he was on demo and I am live. but I still don't see where there is a gap in ANY of the pairs.

Ill keep trying until it's fixed.
  • #1,975
  • May 14, 2010 4:40pm May 14, 2010 4:40pm
Quoting Forexaccount

Anyway, where is the script that makes the basket offline charts? I haven't seen it posted.
I would be also interested in having a go with the basket offline charts. zznbrm are there any plans to publish them to public?

Many thanks
Kruno
  • #1,976
  • May 15, 2010 2:22pm May 15, 2010 2:22pm
Here is the updated script:

1) Simply add the script to any chart
2) Set eblnShowInstructions to true to see help information. I strongly suggest this for first-time users.
3) There are now more message boxes to guide you through the initialization process.
4) Fixed some minor, some major bugs
5) Added a Data Fix Mode

hazelj80 - You have 3 options:

1) Create a script that will remove the invalid records from your M1 History file.
2) Delete the M1 History file - the script will recalculate the data the next time you run it.
3) Use the Data Fix mode I added to the script. It will recalculate the record (Timeframe and time) you specify.

Looks like you have 3 or so records that are bad. I would try option 3 above first. If that does not work, try option 2.
Attached File(s)
File Type: ex4 BasketChartScript.ex4   67 KB | 611 downloads
  • #1,977
  • May 16, 2010 10:41am May 16, 2010 10:41am
Quoting zznbrm
Here is the updated script:

1) Simply add the script to any chart
2) Set eblnShowInstructions to true to see help information. I strongly suggest this for first-time users.
3) There are now more message boxes to guide you through the initialization process.
4) Fixed some minor, some major bugs
5) Added a Data Fix Mode

hazelj80 - You have 3 options:

1) Create a script that will remove the invalid records from your M1 History file.
2) Delete the M1 History file - the script will recalculate the data the next time you run it.
3) Use...
Hi zznbrm,

A couple of questions:

1.
Pl see attached image of a basket chart formed by using your script.
The marked move measures 7763.
How many pips is that move --
7763 / 776.3 / 77.63 / something else ?

2.
Is it possible to create custom baskets with this script ?

Thanks.
p
Attached Image (click to enlarge)
Click to Enlarge Name: BasketOffline-pips.GIF Size: 32 KB
  • #1,978
  • May 16, 2010 12:22pm May 16, 2010 12:22pm
Quote
1.
Pl see attached image of a basket chart formed by using your script.
The marked move measures 7763.
How many pips is that move --
7763 / 776.3 / 77.63 / something else ?

2.
Is it possible to create custom baskets with this script ?

1. 776.3

2. Yes
  • #1,979
  • May 16, 2010 1:47pm May 16, 2010 1:47pm
When trading all 14 short or long, I have been losing on 2 pairs - the GBPCHF and USDCHF. The ones that come into question are also the EURGBP and EURCHF.

Has there been a consensus on which ones to trade opposite of the basket? I've tried to find this on the thread, but it's a bit long to go through.
  • #1,980
  • May 16, 2010 6:16pm May 16, 2010 6:16pm
Quoting zznbrm
Here is the updated script:

1) Simply add the script to any chart
2) Set eblnShowInstructions to true to see help information. I strongly suggest this for first-time users.
3) There are now more message boxes to guide you through the initialization process.
4) Fixed some minor, some major bugs
5) Added a Data Fix Mode

hazelj80 - You have 3 options:

1) Create a script that will remove the invalid records from your M1 History file.
2) Delete the M1 History file - the script will recalculate the data the next time you run it.
3) Use...

alright thanks zz! it's either

A. bad data in live mode. uh oh which means I have to use a demo to get a good feed. that would suck! but easily doable.
B. bugs in the last script
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