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Indicators development for T101's not very simple method

  • #3,281
  • Nov 17, 2010 1:32am Nov 17, 2010 1:32am
Hello Mate,
I was moved by your mail. In part because I have had experiences frustrating like yours but I have learnt never to give up

I like to work with you. I am not experienced. I have had little success but I have learnt a whole lot of how not to do things.

I will be posting a lot of my thoughts and indies I have been using. Let's work together. There is a lot of money to be made in this market. I know that because the few times I have made money happened so quickly that I was left wondering.

I will be sharing those indies and be requesting you to put email alerts on my set ups.

Peter

Quoting disbellj
I use the last Semafor (+ spread + 1 pip) for pair's stoplosslevel for sell, and last Semafor (- 1 pip) as pair's stoplosslevel for buy. It already in more than one EA of mine for this purpose.

My MM gives autolots for compounding purposes (to snowball account for fastest-as-possible growth).

The larger timeframe, the larger stoploss required, so Lots will have to be lower, so account grows slower. The smaller the timeframe, the smaller the stoploss required, so Lots can be larger, so account grows faster.

I just watched a video that shows...
  • #3,282
  • Nov 17, 2010 1:40am Nov 17, 2010 1:40am
The zip file I meant was the one caleed gvc.zip in post 3176.

And then, how do you interprete the RSI,RVI figures on the EA you attached here?
Regards
Peter
Quoting Gvc
Here you go.

I have attached my presets for 8 and 14 pairs as well as auto trading.

Regards
  • #3,283
  • Nov 17, 2010 2:11am Nov 17, 2010 2:11am
Look what a friend found on the net!

It looks suspiciously like my T101 Excel that i posted on this thread with a few mods.

Unfortunately all the files are ex4.

Edit - Peter that Preset file is in the BasketBull v7 zip.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: t101 rus.gif Size: 50 KB
Attached File(s)
File Type: zip 29_BF_v61.zip   266 KB | 1,217 downloads
  • #3,284
  • Nov 17, 2010 3:32am Nov 17, 2010 3:32am
Yes, this is your work and even the dashboard part of it is part of the work of great coders from this thread.

Well, I think it should make the great minds here proud that their ideas are finding such great popularity, even though, plagiarism is as bad as physical stealing.

A friend of mine once said that if a thief stole his Bible, he will be happy and pray that the thief will read it.

Peter
Quoting Gvc
Look what a friend found on the net!

It looks suspiciously like my T101 Excel that i posted on this thread with a few mods.

Unfortunately all the files are ex4.

Edit - Peter that Preset file is in the BasketBull v7 zip.

Regards
  • #3,285
  • Nov 17, 2010 3:38am Nov 17, 2010 3:38am
Hello Gvc

If great minds all over the world are already using your ideas and works, I feel priviledged to come in contact with you already. In fact from today, I will add a title of Rabbi to your name. So, Rabbi Gvc here we go.

Please, I need to know how you use four bottons on the BasketBull V7

They are WPR,DTO,RSI,RVI.

Something tells me there are great information there. I just want to use this EA to complete my manual trading. I am not a fan of EA trading. I am a full time trader and I have enough time to take decisions.

Thanks

Peter

Quoting Gvc

Edit - Peter that Preset file is in the BasketBull v7 zip.

Regards
  • #3,286
  • Edited 6:56am Nov 17, 2010 5:28am | Edited 6:56am
Quoting texmade1
I do not use any secret indicators- or EA's

If you find Post #3161- you will find my work window.

Most of the indicators can be found right here in this thread
The other two- "ArenDIs" and the "Absolute Strength", are in FF- and can be found very easily using google.
TEXMADE, Hi,

Very nice of you to show us your remarks about part of your indicators you use. But you need a strategy to trade and succeed.

You wellcome.

I thing it will be very good for the great traders here, that you will share your strategy (and the last indi) and we can even have an EA together, so you will not need to be at the front of the screen the whole day with stress and without sleeping hours.

I throw the ball, and you have to... hit it. yes.

Best regards,
  • #3,287
  • Nov 17, 2010 6:49am Nov 17, 2010 6:49am
Wow, the dashboard that Gvc posted looks awesome. I mean the whole graphics looks professional. Not that I need it.

Hmm, anyone knows how to use that? Care to share Gvc? Lol

Anyway, I just wanna try if the dashboard is cool in practical and not just to the eye.
  • #3,288
  • Edited 11:17am Nov 17, 2010 10:51am | Edited 11:17am
Check out Post #3180
It will tell you how I trade...

I LEAP out of bed at 5am every morning, EXCITED to see how the trades have worked overnight.
There is NO daily STRESS for me anymore...








Quoting crossy
TEXMADE, Hi,

Very nice of you to show us your remarks about part of your indicators you use. But you need a strategy to trade and succeed.

You wellcome.

I thing it will be very good for the great traders here, that you will share your strategy (and the last indi) and we can even have an EA together, so you will not need to be at the front of the screen the whole day with stress and without sleeping hours.

I throw the ball, and you have to... hit it. yes.

Best regards,
  • #3,289
  • Edited 3:32pm Nov 17, 2010 1:58pm | Edited 3:32pm
texmade1,

When setting up your chart to make T101 offline chart, do you choose basket 8 or basket 14. It looks like you are using basket 8, which is not representative of the 14-pair basket. I would think you would choose basket 14.

Note: if you choose basket 14, it has incorrect pairs. So I just copy my list of pairs from my T101_BuyAllPairs indi and paste into switch for basket 14.

Here's the pairs that it should be for basket 14:
Pair[0] = "GBPUSD"+Pair_suffix;
Pair[1] = "EURGBP"+Pair_suffix;
Pair[2] = "GBPJPY"+Pair_suffix;
Pair[3] = "USDCHF"+Pair_suffix;
Pair[4] = "NZDUSD"+Pair_suffix;
Pair[5] = "AUDJPY"+Pair_suffix;
Pair[6] = "EURJPY"+Pair_suffix;
Pair[7] = "EURUSD"+Pair_suffix;
Pair[8] = "USDJPY"+Pair_suffix;
Pair[9] = "AUDUSD"+Pair_suffix;
Pair[10] = "NZDJPY"+Pair_suffix;
Pair[11] = "GBPCHF"+Pair_suffix;
Pair[12] = "CHFJPY"+Pair_suffix;
Pair[13] = "EURCHF"+Pair_suffix;

Also, from earlier post, you use H1 I gather.

Also, I found ArenDI ATR indicator, but although everything on my chart looks like yours (if I use basket 8 instead of basket 14 like I would think you'd use), this indicator I can't get to look like yours. Maybe you're using a later version, or you worked on it so that both DodgerBlue and Gray bars show? When I change colors in inputs to try and match your T101 chart, I get magenta bars and green bars, but no dodgerblue or gray bars like you have. I must not be using the same indicator? (Also, in your display, "(34, 1.5)" is shown beside word ATR, but on the version I got, there is no 1.5 printed).

Regards,

Don


Quoting texmade1
Here is a picture of my background chart.

The main one is Gvc's "T101"

The first indicator group is "ArenDIs" which shows in colour- major price actions.
Superimposed on top is: Don's "T101 BuyallPairs" indi

The next indicator is "Absolute Strength", and it tells me the same as Don's T101- pretty much.

I only occasionally look at this chart and indicators, because I use the marketwatch indicator built into MT4 to make most, if not all of my decisions

The Chart is for reference- it tells me the trend of the basket....
  • #3,290
  • Edited 12:59am Nov 18, 2010 12:46am | Edited 12:59am
Under trading Systems, go to A Simple London Breakout V.2
Pg 44: post 660

I probably am using 8 lmao
I had to delete everything a 3-4 times, and reload it again.
Right in the middle of trading- so i was in a rush

Quoting disbellj
texmade1,

When setting up your chart to make T101 offline chart, do you choose basket 8 or basket 14. It looks like you are using basket 8, which is not representative of the 14-pair basket. I would think you would choose basket 14.

Note: if you choose basket 14, it has incorrect pairs. So I just copy my list of pairs from my T101_BuyAllPairs indi and paste into switch for basket 14.

Here's the pairs that it should be for basket 14:
Pair[0] = "GBPUSD"+Pair_suffix;
Pair[1] = "EURGBP"+Pair_suffix;
Pair[2] = "GBPJPY"+Pair_suffix;
Pair[3]...
  • #3,291
  • Nov 18, 2010 1:47am Nov 18, 2010 1:47am
Quoting texmade1
Check out Post #3180
It will tell you how I trade...

I LEAP out of bed at 5am every morning, EXCITED to see how the trades have worked overnight.
There is NO daily STRESS for me anymore...
TEXMADE,

We are all appriciate your royal kindness for sharing your strategy with us.

I promiss that you will get 15% from all our profits, used your strategy, just please we need your pelow....
  • #3,292
  • Edited 9:48am Nov 18, 2010 9:32am | Edited 9:48am
Since texmade1 has made available a picture of the indicators used, and also names of indicators used, as well as pointing me to the correct one when I didn't have the right one, I've decided to make available the indicators in one place along with a template.

Shut down MT4, and place pictures on your desktop, template in MT4 > templates folder, and all indicators in MT4 > experts > Indicators folder. Start MT4.

The pictures show 8 pair (what Texmade1 is lookng at now) vs 14 pair which I have corrected to use IBFX/Universal pairs by trader101/Julius. If you want to trade 8 pairs and know what they are in the indicator, then choose 8 pairs. If you want to trade 14 pairs, choose 14 pairs in T101_Indy_PriceHistory_v3-dnk_DonFix14 to build T101 14 pair offline chart.

When placing T101_Indy_PriceHistory_v3-dnk_DonFix14 on chart (e.g. GBPJPY H1), make sure Allow DLL imports is checked in Common tab. Don't change any user inputs. In a moment, at bottom right of chart, you should see ##T101## 60-RUNNING.

Go to File > Open Offline, choose ##T101##,H1 and click Open. You should now have another chart open. Go to Charts menu > Template > and choose Texmade1 template. This should set the chart up with all the correct settings and appearance of what Texmade1 is looking at.

You'll note that I have added an indicator I was given freely lately, and thought it might help. Texmade1 will let me know I hope. It's an auto-trend channel.

With rules and stoplosses, we could pick up Robert's last EA and start where we left off, good trading EA just needing some good rules to a consistently profitable strategy.

Tex, BTW, if you will, look at what I sent you before and let me know after loading that profile if that setup is anything you're looking for. I tried my best with the information I was given, to make the setup that would help speed up your execution manually, hoping to work towards and EA creation. Just gotta know what you take into account for entry, exit, stoploss, takeprofit (or when you get in and get out and why - what are the indicators doing).

As far as ArenDI ATRSimple_v1, is there somewhere I could read up on the meaning of the colors, or do I need to dig into the code to see what they mean? Also, Absolute Strength looks nice.

Thank you, and regards,

Don
Attached File(s)
File Type: zip texmade1 setup.zip   573 KB | 3,600 downloads
  • #3,293
  • Edited 3:30pm Nov 18, 2010 11:27am | Edited 3:30pm
Edited:

If you move your mouse over the coloured bar a lil popup appears.

Pinkish colour: Big Bar Down

Blueish colour: Big Bar Up

Grey colour: Big Bar

Greenish: Pin Bar Down

Orange: Pin Bar Up

***But it's not the colour that matters, it's where they show up on the chart.

The Pinkish bar tends to show near the bottom of a downtrend
The Blueish bar tends to show near the beginning of an uptrend

The Orange bar(rare) tends to show near the beginning of an uptrend
The Green Bar tends to show up near end of an uptrend, or the beginning of a downtrend.

On the chart below you can see on the left side of the chart where the Pinkish Bar showed up, followed by several Blue Bars...look what happened??

In the middle of the chart the Pinkish Bar shows up again(golly!!), and we see the down trend end.

Then a bit further, we see the Blueish Bar appear right under the beginning of an uptrend.

If you get a Blue Bar followed by more blue bars (along the timeline)...in COULD mean a continuation of the uptrend.

Same with a Grey Bar...as seen on the right of the chart.

OR!!! If you get a Pinkish Bar, followed by more Pinkish Bars(along the timeline), it could portend a continuation of the downtrend.

***(sometimes you get Pinkish Bar at the beginning of a downtrend, and a Blueish Bar at the end of the downtrend- ***we have to use our greatest indicator, which is our mind/brain)

NOW!!! I wonder where WE would seriously pay OUR attention- think seriously about, buying or selling a Basket??? ) hahahaha

***Remember- it is NOT 100% accurate!!

That is why I have Don's T101 BuyAllPairs, and the Absolute Strength indicators- for a second, and third opinion.

***Don's BuyAllPairs and the Absolute Strength- can also show you when there is a trend change, or if the Basket is just retracing a bit.
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 25 KB
  • #3,294
  • Nov 18, 2010 12:13pm Nov 18, 2010 12:13pm
Yeah!! I originally started the T101 offline chart with 14 pairs...but when I reloaded everything in a hurry, I totally forgot about the option.
  • #3,295
  • Nov 18, 2010 12:28pm Nov 18, 2010 12:28pm
Quoting texmade1
Yeah!! I originally started the T101 offline chart with 14 pairs...but when I reloaded everything in a hurry, I totally forgot about the option.
TEX,

I want now to share with you my deep appriciation to you and Don.

Thank You.
  • #3,296
  • Nov 18, 2010 12:42pm Nov 18, 2010 12:42pm
Quoting texmade1
If you move your mouse over the coloured bar a lil popup appears.
My bad Tex. The other version of that indicator didn't have those labels. BTW, the green bar looks to just be small bar, but rest look like the same description you gave.

Quote
***But it's not the colour that matters, it's where they show up on the chart.

The Pinkish bar tends to show up at the bottom of a downtrend
The Blueish bar tends to show up at the beginning of an up trend

On the chart below you can see on the left side of the chart where the Pinkish Bar showed up, followed by several Blue Bars...look what happened??

In the middle of the chart the Pinkish Bar shows up again(golly!!), and we see the down trend end.

Then a bit further, we see the Blueish Bar appear right under the beginning of an uptrend....

I've noticed this with the blue and pink, but I didn't know what they gray meant, and green looked low compared to rest.

Quote

NOW!!! I wonder where WE would seriously pay OUR attention- think seriously about, buying or selling a Basket??? )

***Remember- it is NOT 100% accurate!!

That is why I have Don's T101 Buy all Pairs, and the Absolute Strenght indicators- for a second, and third opinion.

So beginning of uptrend marked by blue, end of downtrend marked by magenta. this is looking more and more like an EA can be made from it, but I'd have to have specific rules how you use the indicators together, etc. (like you were telling a dumb robot recorder step-by-step your decision-making process).

Thank you Tex! I'm liking this setup!

Regards,

Don
  • #3,297
  • Edited 4:58pm Nov 18, 2010 3:11pm | Edited 4:58pm
Ok!! I just woke up after a two hour nap.

Looking at the chart- I see that the price action of the Basket has stalled near the horizontal blue line at the top of the chart.

The blue line shows where a recent historical high was.

I expected the Basket to slow down at that point, perhaps pause,- or break right through...or even change direction (--Basic Kindergarten knowledge--)

Looking at Don's T101 BuyAllPairs and the Absolute Strenght it seems like the price will continue up some more

What are my options?

Well, one of my primary rules is- DON'T Buy into a recent historical HIGH
But at the same time, I know that there is another horizontal blue line further up the chart. Another higher- recent historical high.

Option #1 So, I could Buy(the basket) into this high- but the profits would most likely be small(Risky!)

Option #2 I could Sell(the basket) into this high, knowing that the Basket is coming down.
(Not as Risky! But- might take a few hours to come back down)

Option #3 Wait and see what happens.(No risk- no pips!)

***Just sharing- how my mind works...
Attached Image (click to enlarge)
Click to Enlarge Name: charts.gif Size: 23 KB
  • #3,298
  • Nov 18, 2010 3:48pm Nov 18, 2010 3:48pm
Hi i am new to this thread....can someone please tell me how i can get the offline chart created with t101_indy_pricehstory_v3-dnk to autoupdate like the online charts, is this possible?
  • #3,299
  • Nov 18, 2010 3:50pm Nov 18, 2010 3:50pm
I would think it makes sense to wait for Asian open which is going to be in the next hour or so.

Today is my first day of trading this method after an exhaustive study of the work of you great guys on this thread. I am encouraged. It feels like staying at the control tower and pressing buttons. It was just soooo easy.

If things continue like this, I will go live in the next week.

Thanks to all you guys. I really pray that very soon, I will be able to give something back to the community

Peter

Quoting texmade1
Ok!! I just woke up after a two hour nap.

Looking at the chart- I see that the price action of the Basket has stalled near the horizontal blue line at the top of the chart.

The blue line shows where a recent historical high was.

I expected the Basket to slow down there, perhaps pause- or break right through.

Looking at Don's T101 BuyAllPairs and the Absolute Strenght it seems like the price will continue up some more

What are my options?

Well, one of my primary rules is- DON'T Buy into a recent historical HIGH
But at the same time, I...
  • #3,300
  • Nov 18, 2010 11:07pm Nov 18, 2010 11:07pm
I used DON file But I could not find the 2 colored lines (yellow and red) within the middle chart.

Can you help?

Thanks.
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