Indicators development for T101's not very simple method | Page 104 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Simple System By T101 - My Thought 18 replies

Continuation of T101 method discussions 24 replies

My first attempt at T101's basket method... 2 replies

Attachments: Indicators development for T101's not very simple method
Exit Attachments

Indicators development for T101's not very simple method

  • #2,061
  • May 23, 2010 12:13pm May 23, 2010 12:13pm
for those who use the trendmagic-indi ( i read it "repaints badli" ) i post a corrected version of the super trend -indi by Mladen - it's not repainting and mtf...here is his explanation about the changes: http://www.forex-tsd.com/indicators-...ting-pain.html

perhaps somebody can/would put an alert on it too?...


also i want to say "thank you all" for the wonderfull work you all do supporting and further developing indis for the trading method of T101...
i'm reading and learning silently from all of you...
thank you very much!...

regards
Attached File(s)
File Type: mq4 SuperTrend nrp mtf.mq4   7 KB | 555 downloads
  • #2,062
  • May 23, 2010 9:12pm May 23, 2010 9:12pm
cadolino,

an alert on....?

... direction change during live candle or should the candle be closed? color change on live candle or should the candle be closed? goes flat during live candle or should the candle be closed? price goes above on live candle or should candle be closed? Price goes below on live candle or should the candle be closed?

what should the alert be for?

Regards,

Don


Quoting cadolino
for those who use the trendmagic-indi ( i read it "repaints badli" ) i post a corrected version of the super trend -indi by Mladen - it's not repainting and mtf...here is his explanation about the changes:...
  • #2,063
  • Edited 4:58am May 24, 2010 2:44am | Edited 4:58am
Quoting disbellj
cadolino,

an alert on....?

.....

what should the alert be for?

Regards,

Don
hi Don

i thaught of an alert for the change of the color...so everyone can decide for himself, if he/she want to take a trade of the basket or not, depending on his own trading style.. we take more information from the chart visualy, then an indicator can do...


regards
Cado

ps: i took a closer look at the chart...it seems that the color changes after the bar is closed...sorry , i'm not a coder......hope the pic is uploadet correctly...
Attached Image (click to enlarge)
Click to Enlarge Name: supertrend-h4.gif Size: 50 KB
  • #2,064
  • May 24, 2010 8:26am May 24, 2010 8:26am
Quoting slowpork
When I add an indicator (eg. Moving Average) on M1 offline chart, it will not align after couple of minutes. I'm not sure if this is related to your script. On other timeframes beside M1, indicator works fine.
Sorry, I am unable to re-create this problem. I've had an MA on my BASKET,M1 chart since market open last night and it is drawing correctly.

Quote
Also if I wanna do M90 offline chart that is built from M15 chart, is that possible from your script? (eg. set eblnDataFixMode to True, and eintDataFixTF to 15) ?

No, it is not possible with the version of the script you are running. I'll consider adding this functionality to a future update.
  • #2,065
  • May 24, 2010 10:00am May 24, 2010 10:00am
new demo started 5/21/2010........ results so far.....

will recode in 2 days...... h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: demo.gif Size: 46 KB
Click to Enlarge Name: demo.jpg Size: 171 KB
to trade and code, keep both simple... no call to impress....h
  • #2,066
  • May 24, 2010 10:15am May 24, 2010 10:15am
cadolino,

Try this and let me know if it works for you. If the indicator changes color on an already closed bar/candle, then it is a repainting indicator. Please let us know if this is any different than trend indicator that has been used in thread already. I'll put the alert on the other one if someone wanted me to.

Regards,

Don


Quoting cadolino
hi Don

i thaught of an alert for the change of the color...so everyone can decide for himself, if he/she want to take a trade of the basket or not, depending on his own trading style.. we take more information from the chart visualy, then an indicator can do...


regards
Cado

ps: i took a closer look at the chart...it seems that the color changes after the bar is closed...sorry , i'm not a coder......hope the pic is uploadet correctly...
Attached File(s)
File Type: mq4 SuperTrend nrp mtf_Alert.mq4   8 KB | 623 downloads
  • #2,067
  • Edited 6:36pm May 24, 2010 5:40pm | Edited 6:36pm
another quick one today

Got bored by the sideways movement in 1HR TF and I switched to 15 min TF using SAMIR DAILY trade trend.

ended the day with +600 pips for less than 2hrs job, this method gets easier and clearer by the day.

I wonder why this thread is not as full as others, is it because they all became millionaires and left or they are doing it quietly in the background.

kos
Attached Image (click to enlarge)
Click to Enlarge Name: sell24.gif Size: 33 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #2,068
  • May 24, 2010 5:45pm May 24, 2010 5:45pm
Thanks koso for feedback ....

Do you use only BI_T101_OTR_V1_F_ for cross red line and blue line?
Thanks...



Quoting Kosomolate
another quick one today

Got bored by the sideways movement in 1HR TF and I switched to 15 min TF using SAMIR DAILY trade trend.

end the day with +600pips for less than 2 hrs job, this method gets easier and clearer by the day.

I wonder why this thread is not as full as others, is it because they all became millionaires and left or they are doing it quietly in the background
kos
  • #2,069
  • May 24, 2010 6:32pm May 24, 2010 6:32pm
Quoting AlbertoFX
Thanks koso for feedback ....

Do you use only BI_T101_OTR_V1_F_ for cross red line and blue line?
Thanks...
albert

No, look at the chart or look at my recent posts not far back

kos

ps: on the posted chart I could have done like 2 to 3 baskets if I was with my chart all through today. I only took one and left the PC for other pressing things
Attached Image (click to enlarge)
Click to Enlarge Name: jhjj.gif Size: 34 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #2,070
  • May 24, 2010 9:03pm May 24, 2010 9:03pm
Great! Thanks! Your posts are what we need.

Hi, Kos, even if you make a millionaire soon, stay a few more days before you fade to black too like the other rich guys, hohoho.


Quoting Kosomolate
ps: on the posted chart I could have done like 2 to 3 baskets if I was with my chart all through today. I only took one and left the PC for other pressing things
  • #2,071
  • May 24, 2010 9:22pm May 24, 2010 9:22pm
Wow Kos, great results. I hope you keep posting, you really encourage me as I'm still trying to wrap my mind around this system.
  • #2,072
  • May 25, 2010 2:59am May 25, 2010 2:59am
Did anyone spot this opportunity yesterday @ 5.50pm GMT?
Nearly 2000 on the table to take and still running.
Have a lovely day!

Regards,
akrasiel



ps. apologies for the quality of the picture, I have upload limits.
Attached Image (click to enlarge)
Click to Enlarge Name: basket24may_part.jpg Size: 40 KB
  • #2,073
  • May 25, 2010 6:11am May 25, 2010 6:11am
Quoting disbellj
cadolino,

Try this and let me know if it works for you. If the indicator changes color on an already closed bar/candle, then it is a repainting indicator. Please let us know if this is any different than trend indicator that has been used in thread already. ...

Regards,

Don
hi Don

YES!...it works fine!...thank you very much!...

i know what "repainting" is......i diffenrentiate between "repaint" and "recalculate" or " find a new high or low"...

i don't know if ths trendmagic really repaints, but it seems to have some problems with drowing the grapfic on the small TFs...i compared trendmagic and the supertrend on M1...you can see what happend on the pics...
the alert on the trendmagic works also well...

regards
Cado


ps: Mladen didn't said that the other version repaints all the time, but it CAN...he corrected some other malfunctions...and i trust Mladen, when he sais "it's repainting" or not...he is a excellent coder and has good higher mathematical knowledge - from what i saw till now...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trendmagic.ko.gif Size: 27 KB
Click to Enlarge Name: supertrend.gif Size: 17 KB
  • #2,074
  • May 25, 2010 7:11am May 25, 2010 7:11am
i tried the SuperTrend nrp mtf_Alert. but it didnt gave me a Alert singal when

the line went from red to green on the GPD/USD on the 15m chart.

anybody else experienced this problem?
  • #2,075
  • May 25, 2010 8:01am May 25, 2010 8:01am
Quoting trade4fun
i tried the SuperTrend nrp mtf_Alert. but it didnt gave me a Alert singal when

the line went from red to green on the GPD/USD on the 15m chart.

anybody else experienced this problem?
i didn't get the alert on green, because i wasn't on M15, but i got alert on red, after i switched the TF...

"2010.05.25 14:40:32 SuperTrend nrp mtf_Alert GBPUSD,M15: Alert: SuperTrend bar closed Red"

would you please check the messages in the "expert"-folder what messages you got?...

Cado
  • #2,076
  • May 25, 2010 8:32am May 25, 2010 8:32am
trade4fun,

I figure if it repaints you'll have this problem.

Notes on the indicator alert:

I coded the alert to look at last two bars. So on open, it would look at last two bars. If last bar closed red, and bar before that closed not-red, alert user of color change to red.

1. So the alert is on closed bars/candles, not open ones.
2. I coded it to alert once per bar.
3. If I didn't look at last two bars for a change between the two, then the alert would go off every time a bar met the condition of being a certain color. You'd get annoyed by alerts.

Regards,

Don


Quoting trade4fun
i tried the SuperTrend nrp mtf_Alert. but it didnt gave me a Alert singal when

the line went from red to green on the GPD/USD on the 15m chart.

anybody else experienced this problem?
  • #2,077
  • May 25, 2010 9:53am May 25, 2010 9:53am
i got alert also on the greenchange:
"2010.05.25 15:55:35 SuperTrend nrp mtf_Alert GBPUSD,M15: Alert: SuperTrend bar closed Green
"

Cado
  • #2,078
  • May 25, 2010 11:22am May 25, 2010 11:22am
Quoting hayseed
new demo started 5/21/2010........ results so far.....

will recode in 2 days...... h
Hello hayseed, nice results!
Is this "Basket Trader 6" an EA? Where can we find it?

Thank you!
  • #2,079
  • May 25, 2010 12:48pm May 25, 2010 12:48pm
Kos,

Hopefully you can explain your entry and exit more clearly if you don't mind.

I see on entry that M15 candle closed below Trend Magic. So on open of next bar you'd sell . There's something I don't understand though. You circle BI_T101_OTR_V1_F where either MACD histogram was under yellow signal line or blue and red lines crossed. If you sold where you circled, I can only assume you didn't wait for candle to close when blue and red lines crossed, since they crossed on the same candle, and that you only used MACD crossing it's signal line and bar closing for additional confirmation? Or just as soon as all 3 have happened (and Samir Daily agrees), jump in?

As for exit, there are a number of bars between your top circle and bottom circle. Did you just exit when bar got a higher high (top blue circle)? and then the bottom blue circle would be where you bought (if trading counter-trend)?

I can make alert when all 4 align for entry, but just need the exact rules (that's why I'm asking). Who knows, it could turn into an EA eventually.

This basically looks like what banana and you have posted multiple times that show a great way to exploit the huge moves. akrasiel looks to basically be using Orest all timeframes aligned instead of Samir Daily (so would take weekly into account, which you do if on higher timeframe using Samir original, which is weekly).

So although your pics and akrasiel's look a little different, I can make an alert using just calculations from Orest, except I'll add spread instead of subtract it, and the user can choose if using Weekly for direction, or Daily, 4H, H1, etc., so if someone doesn't look at a certain timeframe, then it wouldn't get used for alerts.

If you could, please point out other trades you could have taken. I assume they would have been without Samir Daily confirmation, since they would have been against daily trend?

If you want me to, I can use Trend Magic or the indicator mladen has worked on. Both look the same to me. Basically no difference to me when using iCustom.

Regards,

Don


Quoting Kosomolate
albert

No, look at the chart or look at my recent posts not far back

kos

ps: on the posted chart I could have done like 2 to 3 baskets if I was with my chart all through today. I only took one and left the PC for other pressing things
  • #2,080
  • May 25, 2010 3:53pm May 25, 2010 3:53pm
Nice question and plan, Don.

Can i please jump in to throw one cent too?

I feel that Kos have always used one thing, however, not pointing specifically since it is sometimes "hidden" in the air...

the thing is that a break candle of GBPJPY on a user specified timeframe (Kos used 1H or 15m recently). This break doesn't need to be complicated when programming its criteria. It could be to decide if the last bar is a lower low or higher high, or simply -- a break away of Fractal indicator.

This "break bar" is of coz better of be a ZZ's offline chart's bar. however, since GBPJPY is approximately the leader of the basket and we don't want complicated programming right now, so GBPJPY bar is ok now(it is also what Kos uses.)

This "break" bar, to me, is always in Kos' figures. just it is so obvious that none tend to elaborate it, but if programming an EA, this might be one of the entry rules.

Besides this one, I feel that you pretty much already have a concise and doable plan for the expected "EA".



Quoting disbellj
Kos,

Hopefully you can explain your entry and exit more clearly if you don't mind.

I can make alert when all 4 align for entry, but just need the exact rules (that's why I'm asking). Who knows, it could turn into an EA eventually.

Don
0 traders viewing now