Time Cell Trading

Hi again, Forexcube


So sorry, didn' t want to sound rude, is just a question, as I' ve been reading your posts about quick trades, and the open positions that appear are long term ones, I was curious about them being on a different timeframe election, or simply losing positions waiting to be closed.

regards,

Daniel

If we start from the assumption that you are aware of "hedging",...oh here again,... so you will make it more stupid, ...quirky!

Kindest regards
FXcube

MQL4-Course

Coder's Guru Full Course — by Coder's Guru — a full course on MQL development (programming for MetaTrader 4) that will help you develop your own custom indicators, trading scripts and automated expert advisors.

See also:
Programming in Algorithmic Language MQL4 -Introductory Course
http://book.mql4.com/
http://docs.mql4.com/
http://www.metatrader.info/node/34

Home » Mql - Metatrader Development Course
Welcome to MQL4 course!

Welcome to the MQL4 course.
In this series, I will try to strip the mystique and confusion from MQL4 by giving you comprehensive tutorials with a straight forward example.
In this series of lessons, I will show you how to use the MQL4 for building your own Expert Advisors, Custom Indicators and Scripts.
http://www.metatrader.info/system/fi...atformlogo.gif
If you are programming in C (or its superset C++) then you know a lot of MQL4 before even I start my lessons, if you didn’t write in any programming language before, no problem, I’ll guide you to understand the concept of programming in general as well.
So, let’s start from the beginning.
MQL4? What, Why and Where?
MQL4 stands for MetaQuotes Language 4.
MetaQuotes is the company who built the MetaTrader Trading Platform.
And to make it stronger than the other trading platforms the company extended it by a built-in programming language that enables the user (you) to write his own trading strategies.
The language enables you to create one of the following:
1- Expert Advisors.
2- Custom Indicators.
3- Scripts.
• Expert Advisor is a program which can automate trading deals for you. For example it can automate your market orders, stops orders automatically, cancels/replaces orders and takes your profit.
• Custom Indicator is a program which enables you to use the functions of the technical indicators and it cannot automate your deals.
• Script is a program designed for single function execution. Unlike the Advisor, scripts are being held only once (on demand), and not by ticks. And of course has no access to indicator functions.
These were “What” MQL4 is? “Why” to use MQL4?
Now, “Where” do I write MQL4?
To write your MQL4 code and as anything else in world, you can choose one of two ways, the hard way and the easy way.
1- The hard way:
The hard way is using your favorite text editor and the command prompt to compile your program.
Notepad is not bad choice, but do not forget two things:
1- To save the file you have created in plain text format.
2- To save the file as .mp4 (that’s to be easy to reopen it with MetaEditor), but you can save it as any extension you prefer.
After saving your program there is an extra step to make your code comes out to the light.
It’s the Compiling step.
Compiling means to convert the human readable script that you have just wrote to the machine language that your computer understands.
MetaTrader has been shipped with its own compiler (the program which will convert your script to the machine language) called MetaLang.exe.
Metalang.exe is a console program which takes two parameters and output an .ex4 file (the file which Metatrader understands).
The first parameter is “options” parameter and the only option available is –q quit
The second parameter is the full path to your .mql file.
The syntax will be in this format.
metalang [options…] filename
Example:
1- Find your metalang.exe path, it will be the same path of MetaTrader (here my path is Drogram FilesMetaTrader 4).
2- Create a batch file and name it compile.bat (or any name you prefer).
3- Write these lines into the bat file then save it:
cd Drogram FilesMetaTrader 4
metalang -q "Drogram FilesMetaTrader 4my_first_mql4_script.mq4"
(Don’t forget to change the path to you MetaTrader installed path).
4- Run the batch file and if you are lucky person like me you will get a screen like figure 1.

http://www.metatrader.info/system/fi...on1_image1.jpg
Figure 1 Metalang compiler

As you see you will get the output file “my_first_mql4_script.ex4”
2-The easy way:
Metatrader has been shipped with a good IDE (integrated development editor) called MetaEditor which has these features:
1- A text editor has the feature of highlighting different constructions of MQL4 language while you are writing/reading code.
2- Easy to compile your program, just click F5 and the MetaEditor will make all the hard work for you and produces the “ex4” file.
Besides it’s easy to see what the wrong in your program is (in the Error Tab – see figure 2).
3- Built-in a dictionary book which you can access by highlight the keyword you want to know further about it then press F1.

Figure 2 MetaEditor 4

In the coming lessons we will know more about MetaEditor.
Today I just came to say hello, tomorrow we will start the real works and will study the Syntax of MQL4.
I welcome very much the questions and the suggestions.
See you
Coders’ Guru
Note: MetaTrader, the MetaTrader logo and MetaEditor are trademarks or registered trademarks of MetaQuotes Software Crop.

Project Work

May be we can work out together a CCI(14) Top and Bottom EA at H4 & Daily.

If anybody collaborate, so we'll develop a CCI EA in the next months.

Kindest regards

FXcube

By means of this CCI-(14) indicator (with 3 levels: -100, 0, +100) you can't switch the periods of the schedule in the MetaTrader. You'll have all the periods in one's sight

Examples: EURUSD M5 & H1, 2010 December 05

Self-explanatory!

Hope it helps!

FXCube

//+------------------------------------------------------------------+
//| CCI TCT.mq4 |
//| |
//+------------------------------------------------------------------+
#property copyright ""
#property link ""
#define indicatorName "CCI-TCT"
//----
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Navy
#property indicator_level1 -100
#property indicator_level2 0
#property indicator_level3 100
#property indicator_levelcolor DimGray
//---- input parameters
extern int CCIperiod =14;
extern int AppliedPrice =5;
extern bool showHigherTimeframes=true;
extern int barsPerTimeFrame =35;
extern bool shiftRight =False;
extern color txtColor =Silver;
extern color separatorColor =DimGray;
//---- buffers
double ExtMapBuffer1[];
//----
string shortName;
string labelsShort[] ={"M1","M5","M15","M30","H1","H4","D1"};
string labelsLong[] ={"M15","M30","H1","H4","D1","W1","MN1"};
string labels[];
int periodsShort[]={PERIOD_M1,PERIOD_M5,PERIOD_M15,PERIOD_M30,PERIOD_H1,PERIOD_H4,PERIOD_D1};
int periodsLong[] ={PERIOD_M15,PERIOD_M30,PERIOD_H1,PERIOD_H4,PERIOD_D1,PERIOD_W1,PERIOD_MN1};
int periods[];
int Shift;
double minValue;
double maxValue;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
if (shiftRight) Shift=1;
else Shift=0;
//----
SetIndexStyle(0,DRAW_LINE);
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexShift(0,Shift*(barsPerTimeFrame+1));
SetIndexLabel(0,"CCI");
//----
barsPerTimeFrame =MathMax(barsPerTimeFrame,30);
shortName=indicatorName+" ("+CCIperiod+")";
IndicatorShortName(shortName);
if (showHigherTimeframes)
{
ArrayCopy(labels,labelsLong);
ArrayCopy(periods,periodsLong);
}
else
{
ArrayCopy(labels,labelsShort);
ArrayCopy(periods,periodsShort);
}
//----
for(int i=1;i<7;i++)
if (Period()==periods[i])
{
string tmpLbl=labels[i];
int tmpPer=periods[i];
//----
for(int k=i ;k>0; k--)
{
labels[k] =labels[k-1];
periods[k]=periods[k-1];
}
labels[0] =tmpLbl;
periods[0]=tmpPer;
}
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
for(int l=0;l<7;l++)
{
ObjectDelete(indicatorName+l);
ObjectDelete(indicatorName+l+1);
}
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
string on;
int wn=WindowFind(shortName);
int k=0;
//----
minValue= 999999;
maxValue=-999999;
for(int p=0; p<7;p++)
{
for(int i=0; i<barsPerTimeFrame;i++,k++)
{
ExtMapBuffer1[k]=iCCI(NULL,periods,CCIperiod,AppliedPrice,i);
checkMinMax(k);
}
ExtMapBuffer1[k]=EMPTY_VALUE; k+=1;
//----
on=indicatorName+p;
if(ObjectFind(on)==-1)
ObjectCreate(on,OBJ_TREND,wn,0,0);
ObjectSet(on,OBJPROP_TIME1,myTime(k-Shift*(barsPerTimeFrame+1)-1));
ObjectSet(on,OBJPROP_TIME2,myTime(k-Shift*(barsPerTimeFrame+1)-1));
ObjectSet(on,OBJPROP_PRICE1, 0);
ObjectSet(on,OBJPROP_PRICE2,100);
ObjectSet(on,OBJPROP_COLOR ,separatorColor);
ObjectSet(on,OBJPROP_WIDTH ,2);
on=indicatorName+p+1;
if(ObjectFind(on)==-1)
ObjectCreate(on,OBJ_TEXT,wn,0,0);
ObjectSet(on,OBJPROP_TIME1,myTime(k-(Shift*barsPerTimeFrame)-6));
ObjectSetText(on,labels,9,"Arial",txtColor);
}
//----
for(p=0; p<7;p++)
{
on=indicatorName+p;
ObjectSet(on,OBJPROP_PRICE1,minValue*1.05);
ObjectSet(on,OBJPROP_PRICE2,maxValue);
on=indicatorName+p+1;
ObjectSet(on,OBJPROP_PRICE1,maxValue);
}
//----
SetIndexDrawBegin(0,Bars-k);
return(0);
}
//+------------------------------------------------------------------+
//| Custom functions and procedures |
//+------------------------------------------------------------------+
void checkMinMax(int shift)
{
minValue=MathMin(ExtMapBuffer1[shift],minValue);
maxValue=MathMax(ExtMapBuffer1[shift],maxValue);
}
//+------------------------------------------------------------------+
//| |
//+------------------------------------------------------------------+
int myTime(int a)
{
if(a<0)
return(Time[0]+Period()*60*MathAbs(a));
else return(Time[a]);
}
//+------------------------------------------------------------------+

CCI-L5-TCT Indicator (with 5 Levels: -200, -100, 0, +100, +200)

By means of this CCI(14) indicator, you can't switch the periods of the schedule in the MetaTrader. You'll have all the periods in one's sight.

Example: EURNZD, H1, 2010 December 05

Self-explanatory!

http://www.mql4.com/search/CCI

Trade the CCI(14) Tops and Bottoms

Do the Right Thing CCI Trade

Without resorting to the mathematics of the indicator, please note that CCI is an unbounded oscillator with any reading of +100* typically considered to be overbought and any reading of -100* oversold. For our purposes, however, we will use these levels as our trigger points as we put a twist on the traditional interpretation of CCI. We actually look to buy if the currency pair makes a new high above 100* and sell if the currency pair makes a new low below -100*. In “do the right thing” we are looking for new peaks or spikes in momentum that are likely to carry the currency pair higher or lower. The thesis behind this setup is that much like a body hurtled in motion will remain so until it’s slowed by counterforces, new highs or lows in CCI will propel the currency further in the direction of the move before new prices finally put a halt to the advance or the decline.

Rules for the Long Trade
1. On the daily, H4 or the hourly charts place the CCI indicator with standard input of -100/-150/-200.
2. Note the very last time the CCI registered a reading of greater than +100* before dropping back below the +100* zone.
3. Take a measure of the peak CCI reading and record it.
4. If CCI once again trades above the +100* (z) and if its value exceeds the prior peak (a) reading (z > a), go long at market at the close of the candle.*
...or if its value (z) fall below the prior peak (a) (z < a; a > z) then trade the negative divergence with one more entry sell order down [switches between the timeframes and look in what way is the difference from each others (trending or sideways market)] .
5. Measure the low of the candle and use it as your stop.
6. If the position moves in your favor by the amount of your original stop, sell half and move stop to breakeven.
7. Take profit on the rest of the trade when position moves to two times your stop.

Rules for the Short Trade
1. On the daily, H4 or the hourly charts place the CCI indicator with standard input of +100/+150/+200.
2. Note the very last time the CCI registered a reading of less than -100* before poking above the -100* zone.
3. Take a measure of the peak CCI reading and record it.
4. If CCI once again trades below the -100* (z) and if its value exceeds the prior low (a) reading (z > a), go short at market at the close of the candle,*
...or if its value (z) undercut the prior (a) low (z < a; a > z), then trade the positive divergence with one more entry buy order up [switches between the timeframes and look in what way is the difference from each others (trending or sideways market)].
5. Measure the high of the candle and use it as your stop.
6. If the position moves in your favor by the amount of your original stop, sell half and move the stop on the remainder of the position to breakeven.
7. Take profit on the rest of the trade when position moves to two times your stop.


Annotation:
*At shorter time frames (M1, M5, M15, M30, H1, H4) use +150 and/or +200 and -150 and/or -200 Level and at higher timeframes (Daily, Weekly, Monthly) use the +100 and -100 Line.

*Not in the sideway market, only at higher-time-frames-trending-market. (See chart below, please).


Trade Example: EURNZD, H4, 2010 December 05

Creating an EA?

It would be fine if other traders could receive with feers this project and will give strong support to this EA Evolution.

Make your mind, please how could be your information going to help it to do.

Oh it seems to be a sad atmosphere. The match will not catch.

So this EA project has to be adjourned!

May be I'm out of here for lack of participation and will go my own way!

Cheerio!

Hoo Roo!

Ooroo!

Ta-ra!

Tata!

hey Forexcube. I am not posting much here because of some reasons. I am studying from you a lot and this link http://www.forexfactory.com/showthread.php?t=249257 in my internet browser is Homepage. Don't leave us please.

Kindest regards!
Gio.kele

+171 pips.

i have in watchlist this pair.

How powerful tool is cci if we use it right way! here is one pair GBPCHF 2010 daily timeframe. all pairs looks almost same. it's amazing. i wonder if somebody can show me even one loss just in z>a concept trading. This is one time frame analysis and imagine if we use multitimeframe How powerful it will be?! we have to ask Forexcube " don't leave us teach as more about CCI Tops and Bottoms".

1. red line sell
2. green buy
3. yellow TP
4. withe divergence example

2010 December 06

Profit: 8'866.52 $

50'000.-$, Beginning Date: 2010 November 18

Target 250.-$ a Day

History File - 2010 December 06

Equity: 89'393.39 $


Profit: 39'393.39 $

(within 1 month)

I don't trade any longer at

http://www.myfxbook.com/members/Forexcube

due to the fact that 100% win will be reached this month.

So I let all actual open positions running in the win any longer.

My target 250.-$ a Day has surpassed. Now it could be only "deadly boredom".

So I begin the next one demo account with 50'000.-$ called "Aelliot50K"

see at:

http://www.myfxbook.com/members/Aelliot50K

and under

www.Aelliot.org

It was nice to talk with you.

Good Bye!

Au revoir!

Good bye!

So long!

Ta-Ta!

Ooroo!

End!