7 - 24, sorry, forgot to mention it.
plateman's CCI (aka SuperTrend) auto-trading robot by Steve Hopwood
Was thinking.....and yes that is dangerous when I do that.
This is how the SuperTrend should be traded in my wee opinion. Of course I ain't too smart....
It is not traded at color change, not when price is above or below the Trend Line, not traded when Trend Line is flat and certainly not to be traded 24 hours. The Trend Line is probably frackin' flat 20+ hours. Picture showing X is flat, check is angle, confirmed today every single time by the DR of ADX setting of 8-13, rising above 25 level. I forget the man's name, poster Tread steered me to the PDF on the internet, man claims to have made his fortune using this indicator and claims it's the best indy in the whole wide world!! I've been using since I read the PDF, I won't go that far, I'll say it's a good indy.
The picture shows two nice moves before the news marked by the black line, and two nice moves a reasonable time after the news. So entry is at the angle, so it is now a matter of properly managing the trade.
If it can't be coded to enter at the angle, it's a visual indicator to be traded manually and not a trading bot.
Cheers
This is how the SuperTrend should be traded in my wee opinion. Of course I ain't too smart....
It is not traded at color change, not when price is above or below the Trend Line, not traded when Trend Line is flat and certainly not to be traded 24 hours. The Trend Line is probably frackin' flat 20+ hours. Picture showing X is flat, check is angle, confirmed today every single time by the DR of ADX setting of 8-13, rising above 25 level. I forget the man's name, poster Tread steered me to the PDF on the internet, man claims to have made his fortune using this indicator and claims it's the best indy in the whole wide world!! I've been using since I read the PDF, I won't go that far, I'll say it's a good indy.
The picture shows two nice moves before the news marked by the black line, and two nice moves a reasonable time after the news. So entry is at the angle, so it is now a matter of properly managing the trade.
If it can't be coded to enter at the angle, it's a visual indicator to be traded manually and not a trading bot.
Cheers
- #46
- Edited 2:33pm Dec 5, 2010 8:19am | Edited 2:33pm
- Joined Apr 2007 | Status: vincit qui se vincit | 6,251 Posts
Vincit qui se vincit.
- #48
- Dec 5, 2010 2:28pm Dec 5, 2010 2:28pm
- Joined Apr 2007 | Status: vincit qui se vincit | 6,251 Posts
Vincit qui se vincit.
Rofleus thats very interesting, the second set of parameters gave a better result and a smoother curve, but I guess that you altered the code to run these tests, so not available to most of us unless Steve could make this a user input.
You can enter your own entry and exit values, +/-100 are the trigger values originally used by Lambert, +/-1 is used by ST. Frankly, the EA is based solely on the standard CCi and NOT on any normalisation or whatever else the ST does (didn't have time to make a full dissection
)
Here
You can enter your own entry and exit values, +/-100 are the trigger values originally used by Lambert, +/-1 is used by ST. Frankly, the EA is based solely on the standard CCi and NOT on any normalisation or whatever else the ST does (didn't have time to make a full dissection
If yes, then write the results
- #52
- Dec 7, 2010 3:51am Dec 7, 2010 3:51am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Hi,
I'm new to EA's (but not new to trading) and this is certainly an interesting one. I like the CCI indi and it's great that this is part of this EA.
I have it running on 4 pairs, EU, GU, EJ and UC. I'm not sure that I understand all the various settings yet, but that will come. At the moment it has entered 2 demo trades, one on EJ and one on EU.
Thanks for presenting this, it appeals to my 'other side' of life as I work with php, mysql, coldfusion and asp. I haven't worked with programming for MT4, but I might have a go sometime.
Thanks for your effort
I'm new to EA's (but not new to trading) and this is certainly an interesting one. I like the CCI indi and it's great that this is part of this EA.
I have it running on 4 pairs, EU, GU, EJ and UC. I'm not sure that I understand all the various settings yet, but that will come. At the moment it has entered 2 demo trades, one on EJ and one on EU.
Thanks for presenting this, it appeals to my 'other side' of life as I work with php, mysql, coldfusion and asp. I haven't worked with programming for MT4, but I might have a go sometime.
Thanks for your effort
Doing what you like is Freedom. Liking what you do is Happiness.
- #54
- Dec 7, 2010 6:15pm Dec 7, 2010 6:15pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #55
- Dec 8, 2010 4:11am Dec 8, 2010 4:11am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #56
- Dec 8, 2010 3:26pm Dec 8, 2010 3:26pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #57
- Dec 8, 2010 3:30pm Dec 8, 2010 3:30pm
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Never mind, I've figured this one out.....still not sure about the trades entered on the hour.....exactly.
Doing what you like is Freedom. Liking what you do is Happiness.
Has anyone tweaked the robot and added an EMA filter? (example: long when price above 100 CCI and > 21 EMA). I have zero coding skills but will try to make the addition.
(Yes, I know this is the most basic of things to add, and will accept any name-calling thrown my way!)
But if anyone has already done it and wants to post it, I would certainly appreciate it. Thanks!
(Yes, I know this is the most basic of things to add, and will accept any name-calling thrown my way!
)But if anyone has already done it and wants to post it, I would certainly appreciate it. Thanks!
- #60
- Jan 14, 2011 8:45pm Jan 14, 2011 8:45pm
There is nothing special about SuperTrend. All it does is consult a CCI(50) and colour an indi line red when the value is <1 (trend is falling, supposedly) and green (originally blue but sensibly changed by plateman) when the value is >1 (trend is rising, supposedly).
Calling the indi 'Supertrend' is frankly laughable. Squalou could have coded this with one hand whilst writing us a decent trading platform with his other hand. The unusual bit is the choice of 50 as the CCI period, rather than the usual 14.
I hope to program this indicator to Expert advisor
Thanks so much Steve
I'm not a programmer and i don't like ! , but only I try to catch my view !