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Indicators development for T101's not very simple method

  • #3,401
  • Nov 30, 2010 5:31pm Nov 30, 2010 5:31pm
My question is directed to Kos and Disjeli in relation to my search for a pending order system for the Offline system.
I use the offline charts (Daily and One hour, plus the 15 minute ) with fibonacci's and Kos's indis'and find them good value, however I could use pending orders to free up my entries significantly. I've been around this thread since its inception after massive time with Julius'initial 101, and this is my first query to it. I truly appreciate the contributions
made by you and hope they will continue.
I believe the offline charts are a huge step forward.
George
  • #3,402
  • Dec 1, 2010 3:12am Dec 1, 2010 3:12am
I am busy testing the current indicators and ea's that have been posted on Platform Tech and all i can say is WOW.

I have only been testing them for a few days and my account on Demo has doubled.

EA - MPTM by SteveHopwood with my basket set file. (still playing with settings)
IND - Ay_Trendfinder.... by Bandung.
IND - PriceAction... Modded by Sangmane
IND - QQEA

Regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: t101 011210.gif Size: 21 KB
Click to Enlarge Name: t101 mptm011210.gif Size: 23 KB
Attached File(s)
File Type: mq4 Multi purpose trade manager.mq4   100 KB | 1,040 downloads
File Type: mq4 ay-TrendFinderDB-V02-smaller.mq4   8 KB | 1,178 downloads
File Type: zip mptm.zip   2 KB | 1,059 downloads
File Type: mq4 PriceactionInd.mq4   3 KB | 1,231 downloads
  • #3,403
  • Dec 1, 2010 5:10am Dec 1, 2010 5:10am
Hi GVC
thanks for sharing. What lot size are you using with these settings?
thanks
peter

Quoting Gvc
I am busy testing the current indicators and ea's that have been posted on Platform Tech and all i can say is WOW.

I have only been testing them for a few days and my account on Demo has doubled.

EA - MPTM by SteveHopwood with my basket set file. (still playing with settings)

Regards
  • #3,404
  • Dec 1, 2010 6:16am Dec 1, 2010 6:16am
Hi Peter

I am using 0.10 Lot size.

The EA setting "Basket Trading Settings > Basket Jumping Stop Settings" i leave on False till i am at least $60 in profit before i set it to True to start the "Lock Profit" function.

Regards
  • #3,405
  • Dec 1, 2010 6:29am Dec 1, 2010 6:29am
Gvc,

How do you use the priceaction indy on the 15m TF. I mean how do you filter the false signals.
  • #3,406
  • Dec 1, 2010 6:47am Dec 1, 2010 6:47am
Quoting ukcool
Gvc,

How do you use the priceaction indy on the 15m TF. I mean how do you filter the false signals.
Hi ukcool

I use the QQEA as well as the Trendfinder for Filters.

The PriceAction indi works much better on higher TF. (See the USDJPY chart)

I trade the H1 mostly, and M15 and M5 in Ranging Markets.

Even all the above does not guarantee that all trades are successful.

Regards
  • #3,407
  • Dec 1, 2010 7:16am Dec 1, 2010 7:16am
Thanks buddy, for your reply and honesty.
  • #3,408
  • Dec 1, 2010 8:42am Dec 1, 2010 8:42am
georgec,

The offline charts by by the indicator are a huge step forward for those of us that kept having problems with offline charts made by scripts and EAs.

To get an EA to work with an offline chart made by the indicator, you must put the trading EA on an online chart, and make it read the offline charts values (price, indicators). That's the way I make the trades happen for me.

I made 8% yesterday (a lot of screw-ups, because if the EA would have been right, it would have been more than double that), and today I've made 12%, doing as I said in recent post, so I'm liking how the demoing is going, and can say that the EA may need improvement, but it's working fine, and looking profitable. Much thanks to Tex!

Regards,

Don


Quoting georgec
My question is directed to Kos and Disjeli in relation to my search for a pending order system for the Offline system.
I use the offline charts (Daily and One hour, plus the 15 minute ) with fibonacci's and Kos's indis'and find them good value, however I could use pending orders to free up my entries significantly. I've been around this thread since its inception after massive time with Julius'initial...
  • #3,409
  • Dec 1, 2010 9:26am Dec 1, 2010 9:26am
Quoting disbellj
georgec,

The offline charts by by the indicator are a huge step forward for those of us that kept having problems with offline charts made by scripts and EAs.

To get an EA to work with an offline chart made by the indicator, you must put the trading EA on an online chart, and make it read the offline charts values (price, indicators). That's the way I make the trades happen for me.

I made 8% yesterday (a lot of screw-ups, because if the EA would have been right, it would have been more than double that), and today I've made 12%, doing as I said...
Don,

First off, thank you for all your work. I have been a passive viewer of this thread for a while.

I grabbed some code from the "RenkoLiveChart" EA that allows the offline charts to "behave" like an online chart. With this update, you can attach an EA to the offline chart and trade as if you were on an online chart. I have been working on some different EAs trading these offline charts and would be happy to assist if you want to pass around some ideas or test some code.

Thanks,
Eric
Attached File(s)
File Type: mq4 T101_Indy_PriceHistory_v3-dnk_LiveChart.mq4   15 KB | 548 downloads
  • #3,410
  • Dec 1, 2010 9:27am Dec 1, 2010 9:27am
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.

---

Don,

Thanks for your post. Just learning the t101 system especially the ones you posted of 18 Nov. I have some confusion whether I instaleld the files correctly in their own respective files, especially the pictures as their are two template in the mt4 ff - one folder inside the epert folder and one outside. I did dragged the pictures on the template in the expert folder. I am correct? This also lead me to another question on how to trade the 8 pairs and 14 pairs using the offline T101.

Thanks,

Edd
  • #3,411
  • Dec 1, 2010 12:56pm Dec 1, 2010 12:56pm
Quoting edoughig
Don,


I grabbed some code from the "RenkoLiveChart" EA that allows the offline charts to "behave" like an online chart. With this update, you can attach an EA to the offline chart and trade as if you were on an online chart. I have been working on some different EAs trading these offline charts and would be happy to assist if you want to pass around some ideas or test some code.

Thanks,
Eric
Eric,

Thank you. This will enable us to take this system to the next level.

Regards
  • #3,412
  • Dec 1, 2010 1:06pm Dec 1, 2010 1:06pm
Quoting Gvc
Eric,

Thank you. This will enable us to take this system to the next level.

Regards
No problem at all. Thank you and the other major contributors here for the work to this point. Hope it keeps going like this and I can contribute here and there.
  • #3,413
  • Dec 1, 2010 1:35pm Dec 1, 2010 1:35pm
OH,

I forgot to mention that the TrendFinder.... indi can have several TF on one chart.

Just select 1st TF to "Row Position=1". 2nd TF to "Row Postiion=2" etc.
(I am sure the clever fellas had already figured it out)

Please note that the "Offline Charts" TF selected must be open in order for it to work.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: t101 mptm011210_1.gif Size: 27 KB
  • #3,414
  • Edited 3:31pm Dec 1, 2010 3:17pm | Edited 3:31pm
edoughig,

I went ahead and took the indicator (still looks to be an indicator), changed the default to 14 pairs (they are the correct IBFX pairs I checked), and added code to automatically determine pair suffix so that the user need not input this info. Will test this indicator out and see if trading EA will work on the offline chart made by this indicator.

Thank you.

Regards,

Don

Edit: OK, just put trading EA on offline chart your revised indicator made. No comments showing up, so I'm guessing it's not working. The only reason I can think of is because it's still an indicator with buffers instead of an EA? I don't know why really, that is just a guess.


Quoting edoughig
Don,

First off, thank you for all your work. I have been a passive viewer of this thread for a while.

I grabbed some code from the "RenkoLiveChart" EA that allows the offline charts to "behave" like an online chart. With this update, you can attach an EA to the offline chart and trade as if you were on an online chart. I have been working on some different EAs trading these offline charts and would be happy to assist if you want to pass around some ideas or test some code.

Thanks,
Eric
Attached File(s)
File Type: mq4 T101_Indy_PriceHistory_v3-dnk_LiveChart.mq4   15 KB | 553 downloads
  • #3,415
  • Dec 1, 2010 3:32pm Dec 1, 2010 3:32pm
Quoting disbellj
edoughig,

I went ahead and took the indicator (still looks to be an indicator), changed the default to 14 pairs (they are the correct IBFX pairs I checked), and added code to automatically determine pair suffix so that the user need not input this info. Will test this indicator out and see if trading EA will work on the offline chart made by this indicator.

Thank you.

Regards,

Don
Great! Hope it helps.

As a side note, what type of entry/exit and money management are you using in your EAs trading this basket method? Are you exiting with opposite signal only, do you have a profit lock in place, a set target, etc? I have been trying out an overall pip target for profit lock and then trailing at another pip target level (say 250 pips, set lock to 0 and 500 pips start trailing), but I am leaving a ton on the table as when 14 pairs start moving, that 250 or 500 pips can erode very quickly. Just hoping for some insight from your recent success.

Thanks,
Eric
  • #3,416
  • Dec 1, 2010 3:41pm Dec 1, 2010 3:41pm
edoughig,

I am using Julius' standard account (mini lot) locking numbers divided by 10 (to make micro lot locking numbers), then I divide Lots by One Micro Lot to get a Multiplier. I then multiply the locking numbers by the Multiplier to get the locking numbers I need to use with the Lots I'm trading per pair. My MM equation uses Account Balance,Risk Percent/14,StopLoss of 560/14, and EURUSD or GBPUSD's pip value to choose how many Lots to trade.

Regards,

Don


Quoting edoughig
Great!...
  • #3,417
  • Dec 1, 2010 3:58pm Dec 1, 2010 3:58pm
Gvc,

So you put the trades on manually with a script, wait for $60 profit before kicking in the lock profit function? All that can totally be automated, as well as the $60 scaled according to Lots.

Also, I've set up my charts like yours on one demo broker, but wanted to know more details if/when you have time and/or inclination. Like, rules for entry, exit, etc., and did you change any settings (besides row position, timeframe and window) in that TrendFinder indicator?

Thank you for sharing.

Regards,

Don


Quoting Gvc
I am busy testing the current indicators and ea's that have been posted on Platform Tech and all i can say is WOW.

I have only been testing them for a few days and my account on Demo has doubled.

EA - MPTM by SteveHopwood with my basket set file. (still playing with settings)
IND - Ay_Trendfinder.... by Bandung.
IND - PriceAction... Modded by Sangmane
IND - QQEA

Regards
  • #3,418
  • Dec 2, 2010 3:58am Dec 2, 2010 3:58am
Hello Don

It would be awesome to automate this system.

The number on top of the Trendfinder Indi is the candle number, i.e. 1 = current candle, 2 = 2nd candle from current ....

No settings are changed in indicators.

My Buy conditions are as follows for H1:
- M5 First 5 rows are Green.(In case the trend is changing again)
- M15 First 4 rows are Green.
- M30 First 2 rows are Green
- H1 First row turns Green.

The QQEA or Absolute Strength has a crossover of lines.
The PriceAction gives or has recently given a Buy signal.(This indi has great potential but needs to be developed further)

I set the Lock Profit to True at around $60 and the Jumping Stop to around $30 to $50. These settings need to be checked because i have been stopped out with the $30 settings only for the price to continue. I think i will try it at $60 and then i can leave the Lock Profit to True all the time.

I feel that my settings are not yet optimal.

If anybody has identified better settings or setups then please post.

Regards
  • #3,419
  • Edited Dec 3, 2010 2:04pm Dec 2, 2010 2:36pm | Edited Dec 3, 2010 2:04pm
Quoting Gvc
Hello Don

It would be awesome to automate this system.

The number on top of the Trendfinder Indi is the candle number, i.e. 1 = current candle, 2 = 2nd candle from current ....

No settings are changed in indicators.

My Buy conditions are as follows for H1:
- M5 First 5 rows are Green.(In case the trend is changing again)
- M15 First 4 rows are Green.
- M30 First 2 rows are Green
- H1 First row turns Green.
I got the EA this far, but have further to go for sure. Took a while to code just the above (since I don't know of a way to read object values from another chart, all calculations had to be programmed again, which I did). Edit: After doing it the "long" way, I was able to do it the "short" way using functions and took like 30 minutes.

As far as my texmade1 EA, it has lost all gains that it had, plus some, so I see that it needs changes/improvements, such as knowing how Tex thinks when he draws support and resistance, so I might be able to code it. Otherwise, I'll use Semafor 3's for S & R. Also the other indi comes into play, which I need better instructions. All code is, is if or if/else statements that say "if this happens, do this", or "if this happens, do this; if not, do this". So actually a program really does "think" like we do, it just needs to be told how to think.

Regards,

Don
  • #3,420
  • Dec 2, 2010 3:12pm Dec 2, 2010 3:12pm
Great find this site!!!

Gvc,

my first ever post goes to you.. I found an earlier indicator that you have posted really useful... i.e. the ! 8 PAIR CURRENCY METER... unfortunately the OIL arrows do not work... can you please check and advise whether this is platform or code related?! In the case where I am using an outdated version please feel free to let me know

Thanks in advance...
Attached File(s)
File Type: mq4 ! 8 PAIR METER OF CURRENCY PairS.mq4   18 KB | 526 downloads
File Type: ex4 ! 8 PAIR METER OF CURRENCY PairS.ex4   26 KB | 454 downloads
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