Of course, this idea is based on my understanding of the MinimumCrossPips input. It's quite possible I'm confused.
Mike
As coded, the market has to cross Alf by MinimumCrossPips to trigger a trade, assuming the other requirements are met.
Vegas Algorithm auto-trader by Steve and Squalou
- #141
- Nov 23, 2010 6:05pm Nov 23, 2010 6:05pm
- | Commercial User | Joined Apr 2007 | 8,331 Posts
As coded, the market has to cross Alf by MinimumCrossPips to trigger a trade, assuming the other requirements are met.
- #143
- Nov 23, 2010 6:18pm Nov 23, 2010 6:18pm
..., and one of his signals is a strong move through Alf. So if we get a candle crossing Alf with some energy and then enter only after a subsequent candle surpasses its high/low,...
Mike
Takes a bit of screen time, but a lot of fun.
I love free (market cant harm me) trades.
cheers scalpz
Target 2 : Stoploss in the green
Pinhead:
Yeah, I had to laugh about the "threats" misspelling.http://cdn.forexfactory.com/images/icons/icon7.gif Because I am such a lousy typist, I am relying more and more on speech recognition software to do posts, but it is not perfect. I try to catch the obvious errors, but missed the one that had to be the funniest. I know I am dating myself, but when I was in college I learned that someone else would always be doing my typing, so I never learned how to do it properly and am still catching up.
I appreciate your comment on...
Take a look at this chart. Almost indicator-free. Alf, RSI and the green boxes represent trading hours. The red lines are just to clarify how the crossing points coincide. 1H chart. This happens over and over again. I'm just as indi-happy as anyone, but I really can't imagine what would improve this. I will stick SS on top of it and see what happens, but I bet it just confirms RSI. I'm demoing 3 variations of the EA, but manually trading this bare-bones version.
Mike
On edit: Hey Pete, just read your last post. Yes, I see the value of SS better now. Thanks.
Pinhead:
You understand it. A chart without hardly any indicator is beautiful. Put in the SS and when it plants itself, get ready for a trade above/below the ALF. Use a pip buffer to avoid most whipsaws. It works on any TF from M15 on up. I think demoing on M15 and H1 would yield interesting results.
Pete
- #148
- Nov 24, 2010 5:42am Nov 24, 2010 5:42am
- | Commercial User | Joined Apr 2007 | 8,331 Posts
that looks pretty awesome!!
Can it be automated?
It's probably too tight for your broker. Widen it and see what happens.
Plus, I don't wanna widen it. I want to see what happens when stops are tight. Cuz you know what they say: If it ain't tight, it ain't right.
PH
Yes, I know. I post a lot. Get used to it.
Pete, the SS indi paired with Alma puts another twist on things. I always liked Alma for the earlier entries it gives, as this chart illustrates. (Alf is white.) If, as you say, we wait for SS to plant itself, then Alma looks like a better choice. This would also entail using your entry buffer guidelines. It looks like, once price crosses Alma, stops can--and should--be pretty tight. Now, once SS paints an arrow, it's there for good, right? Cuz if that's the case, you would start looking to exit at the next reversal arrow, correct? Sorry, I can be a bit slow on the uptake.
Have you tried this setup?
PH
Pete, the SS indi paired with Alma puts another twist on things. I always liked Alma for the earlier entries it gives, as this chart illustrates. (Alf is white.) If, as you say, we wait for SS to plant itself, then Alma looks like a better choice. This would also entail using your entry buffer guidelines. It looks like, once price crosses Alma, stops can--and should--be pretty tight. Now, once SS paints an arrow, it's there for good, right? Cuz if that's the case, you would start looking to exit at the next reversal arrow, correct? Sorry, I can be a bit slow on the uptake.
Have you tried this setup?
PH
- #156
- Nov 24, 2010 2:46pm Nov 24, 2010 2:46pm
- | Commercial User | Joined Apr 2007 | 8,331 Posts
Steve--Having a problem with the SL. I've set it at 20p (in user inputs and in the code) but it's not working. Actually appears to be disabled. Probably something I caused, but no idea what.
Is it related to this message?: order modify failed with error(130): invalid stops
PH
What would you like me to do about this? Decide and I will code it.
As I recall, you wanted the stop either to be StopLoss or the MA value, whichever is the closest, so I coded this. Most likely, the MA is too close to the market for the stop.
What would you like me to do about this? Decide and I will code it.
So you're saying the MA still plays a part in SL in False mode?
- #158
- Nov 24, 2010 4:44pm Nov 24, 2010 4:44pm
- | Commercial User | Joined Apr 2007 | 8,331 Posts
I actually had MA set to False.
So you're saying the MA still plays a part in SL in False mode?
I have taken MA out of the sl calculation if it is not part of the trading decision. Update in post 1.
- #160
- Nov 24, 2010 7:26pm Nov 24, 2010 7:26pm
Pete, the SS indi paired with Alma puts another twist on things. I always liked Alma for the earlier entries it gives, as this chart illustrates. I can be a bit slow on the uptake.
Have you tried this setup?
PH
I am also looking to use LSMA, or maybe LaguerreRSI set to 0.3, as aids to exit points. I like both possibilities, but I have not worked out the rules yet. I have attached the latter as well. But for now let's keep it simple with just LSMA and ALF and get some results. I really would like to test this solution as a mod to Squalou's version of the SuperSignal EA because it already has the option to choose hours for trading, as well as inputs from Steve's MPTM that allow individual sets for each pair. That is important because of the large differences in pair volatility.
Squalou, can I get you on board? I cannot code myself out of a wet paper bag!
Pete
