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Indicators development for T101's not very simple method

  • #3,481
  • Dec 8, 2010 4:18am Dec 8, 2010 4:18am
GVC/Don,et al
I need help on how to use this EA.
I put it on my platform throughout the night and it did not act. I guess it has to do with the magic number.
The script I am using was crafted by myself and I did not have any input for magic number. Could this be the reason or am I doing something wrong
Peter
  • #3,482
  • Dec 8, 2010 5:47am Dec 8, 2010 5:47am
Quoting ajewopf
GVC/Don,et al
I need help on how to use this EA.
I put it on my platform throughout the night and it did not act. I guess it has to do with the magic number.
The script I am using was crafted by myself and I did not have any input for magic number. Could this be the reason or am I doing something wrong
Peter
If you are talking about Steve Hopwood's MPTM, you don't need to specify magic numbers if you want MPTM to manage all trades.
  • #3,483
  • Edited 6:24am Dec 8, 2010 6:01am | Edited 6:24am
Quoting ajewopf
GVC/Don,et al
I need help on how to use this EA.
I put it on my platform throughout the night and it did not act. I guess it has to do with the magic number.
The script I am using was crafted by myself and I did not have any input for magic number. Could this be the reason or am I doing something wrong
Peter
Peter,

Here are the scripts i am using.

Input magic number = 777 into mptm. EDIT==(krunofx is correct. You do not need the magic number)

Download my .set file (mptm.zip) on page 228 and change the settings to our current ones from page 232

Once you place a trade the ea will start displaying it straight away on screen.

Regards
Attached File(s)
File Type: mq4 TradeHedgeBUY_8Pair.mq4   3 KB | 803 downloads
File Type: mq4 TradeHedgeSELL_8Pair.mq4   3 KB | 755 downloads
  • #3,484
  • Dec 8, 2010 6:40am Dec 8, 2010 6:40am
Krunofx/GVC
Thanks
Peter
Quoting Gvc
Peter,

Here are the scripts i am using.

Input magic number = 777 into mptm. EDIT==(krunofx is correct. You do not need the magic number)

Download my .set file (mptm.zip) on page 228 and change the settings to our current ones from page 232

Once you place a trade the ea will start displaying it straight away on screen.

Regards
  • #3,485
  • Dec 8, 2010 7:01am Dec 8, 2010 7:01am
Don,

While testing the T101 offline indicator, I had some "division by zero" errors in the MT4 log on some brokers (namely FXDD).

A quick review of the indicator revealed a bug resulting from not taking into account that some brokers will return a zero value for MarketInfo(Symbol(), MODE_POINT).

Anyhow, the fix was quick and simple. The fixed indicator is attached.

Cheers,
Andy


P.S. You can rename the indicator back to t101_indy_pricehistory_v3-dnk_donfix14.mq4 and put it into your /experts/indicators folder to use it along with the templates GVC provided
Attached File(s)
File Type: mq4 t101_indy_pricehistory_v3-dnk_donfix14_hopfi2k_zero_div_fix.mq4   15 KB | 707 downloads
  • #3,486
  • Dec 8, 2010 7:28am Dec 8, 2010 7:28am
Don,

...and like you said- slowly but surely, we add the compound interest effect lol.



Quoting disbellj
Texmade1,

Cool!

BTW, risking 10% per basket, I've made 8% in last couple days on demo with EA I'm building of your strategy. This is basically not buying above midline of full T101 chart range (control point?), and not selling below. That rule added to the other stuff that I already implemented. I think I've only not implemented the indicator with red, pink, and blue bars (atr?). Small profits, but consistent so far (last2-3 days to make 8%).

Regards,

Don
  • #3,487
  • Dec 8, 2010 7:41am Dec 8, 2010 7:41am
Hi GVC
I interprete the below to mean that when the trade starts, BasketJumpingStop will be initially set to False and as soon as Basket profit gets to $300, we change it to True. Is this a correct interpretation?

Peter
Quoting Gvc
Don,

BasketJumpingStop = Set to True on $300
BasketJumpingStopProfit=100


Regards
  • #3,488
  • Dec 8, 2010 7:56am Dec 8, 2010 7:56am
Quoting ajewopf
Hi GVC
I interprete the below to mean that when the trade starts, BasketJumpingStop will be initially set to False and as soon as Basket profit gets to $300, we change it to True. Is this a correct interpretation?

Peter
Peter,

That is correct.

Regards
  • #3,489
  • Edited 11:07am Dec 8, 2010 10:39am | Edited 11:07am
Peter,

In middle of night last night, got done with profit-locking part of code, so EA ready for testing.

Testing it, I found a problem. I may have fixed it. Now testing again. As far as software development goes, I consider it's still in alpha stage. At the point of beta stage, I will release the code to Tex his strategy EA and Gvc his strategy EA. If we agree, we can then make it public. It will be a decision we make together if the EAs ever gets to that point. One thing I won't do is release code for people to kill their accounts. I in no way want to be responsible for that, and I know when my code is working right or not, because I don't just put the EA on and walk away. If possible, I look at the charts and make sure that the EA is trading according to manual instructions/way of doing it.

Regards,

Don


Quoting ajewopf
Hi GVC
I am taking a ride with you. I can publish it to the whole world that GVC approach is such a simple and effective one that your broker will not know what hit him.

All we need is an effective way of getting in at the appropriate time. Maybe an alert system when a valid set up takes place. I am enjoying this.

Don, I know you are making an EA on this, how far are you on this?

Thanks to all of you helping others here.

Peter
  • #3,490
  • Dec 8, 2010 10:53am Dec 8, 2010 10:53am
Gvc,

I meant to ask you:

When you get the cross of AbsoluteStrength, at that time do you look for TrendFinder agreement, or can that agreement happen later bars after the cross and still be valid?

Regards,

Don


Quoting Gvc
Today's trades.

1st - Got stopped out for a few $ profit.
2nd - Got stopped out $300+

Regards
  • #3,491
  • Dec 8, 2010 10:55am Dec 8, 2010 10:55am
Tex,

Well, I'm back to 0.01% profit for week LOL

Obviously not there yet. The simple rules I have concerning S&R midline may be hindering instead of helping (at least half the time).

Regards,

Don


Quoting texmade1
Don,

...and like you said- slowly but surely, we add the compound interest effect lol.
  • #3,492
  • Dec 8, 2010 11:01am Dec 8, 2010 11:01am
Andy,

That's great man! Thank you for the fix. I was wondering what was going on. FXDD now works for 8 pair and 14 pair, where I was getting the zero divide error and the words on online charts previous indicator was dropped on would say 'Label'.

Problem fixed!

On another note, is there any way you can look at the code Eric (edoughig) posted?:
http://www.forexfactory.com/showpost...postcount=3413

If this indicator could be made to where it emulates online chart (even if it has to be turned to EA), I think everyone agrees it's still one of the best offline chart creators to date (the past is history, as long as the present bar is accurate then things should be fine. Note: We have witnessed that the present bar looked different to Tex and me and has been documented recently in this thread, where Tex made a trade, happened to profit, but the chart changed after-the-fact to match what I had seen real-time).

Regards,

Don


Quoting hopfi2k
Don,

While testing the T101 offline indicator, I had some "division by zero" errors in the MT4 log on some brokers (namely FXDD).

A quick review of the indicator revealed a bug resulting from not taking into account that some brokers will return a zero value for MarketInfo(Symbol(), MODE_POINT).

Anyhow, the fix was quick and simple. The fixed indicator is attached.

Cheers,
Andy


P.S. You can rename the indicator back to t101_indy_pricehistory_v3-dnk_donfix14.mq4 and put it into your /experts/indicators folder...
  • #3,493
  • Dec 8, 2010 11:06am Dec 8, 2010 11:06am
Don,

You are most welcome!

I was already going through the code. Should be possible, but not going to make any promises now

Let me finish my other things, and I'll see what I can do - I'll be back

Cheers,
Andy

Quoting disbellj
Andy,

That's great man! Thank you for the fix. I was wondering what was going on. FXDD now works for 8 pair and 14 pair, where I was getting the zero divide error and the words on online charts previous indicator was dropped on would say 'Label'.

Problem fixed!

On another note, is there any way you can look at the code Eric (edoughig) posted?:
http://www.forexfactory.com/showpost...postcount=3413

If this indicator could be made to where it emulates online chart (even if it has to be turned to EA), I think everyone...
  • #3,494
  • Dec 8, 2010 11:23am Dec 8, 2010 11:23am
Quoting disbellj
Gvc,

I meant to ask you:

When you get the cross of AbsoluteStrength, at that time do you look for TrendFinder agreement, or can that agreement happen later bars after the cross and still be valid?

Regards,

Don
Hi Don

I want to thank you for all your time and effort so far.

The Trendfinder's condition can happen later. (Same principal as the Buy/Sell zone)
Ironically most of the trades taken were all perfectly aligned.

Regards
  • #3,495
  • Dec 8, 2010 11:48am Dec 8, 2010 11:48am
Gvc,

That's cool. As long as TrendFinder happens after AbsoluteStrength cross (not cross and close, just cross), then that's the way my EA is written. We'll just have to see how it tests. Of course I hope it performs the way you trade, because if so, we should have a consistently profitable EA right?

Regards,

Don


Quoting Gvc
Hi Don

I want to thank you for all your time and effort so far.

The Trendfinder's condition can happen later. (Same principal as the Buy/Sell zone)
Ironically most of the trades taken were all perfectly aligned.

Regards
  • #3,496
  • Dec 8, 2010 11:50am Dec 8, 2010 11:50am
1st - Closed out at +$300 (Went up to high $400)
2nd - Buy Basket still running -$56 so far. (Will see how it goes)

Don,I take my trade as soon as the signals are there without waiting for candle close

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: t101 081210.gif Size: 98 KB
  • #3,497
  • Dec 8, 2010 11:09pm Dec 8, 2010 11:09pm
Quoting disbellj
Tex,

Well, I'm back to 0.01% profit for week LOL

Obviously not there yet. The simple rules I have concerning S&R midline may be hindering instead of helping (at least half the time).

Regards,

Don
Hi Don,

I think that using S&R indicator at ##T101## in worthless, since you do not in a normal chart f.e. EU, that the traders have the psicology understanding of resistance at 1.3300, f.e., you are at a combind chart that compounde of 14 pairs...

I hope you undersatnd.

  • #3,498
  • Edited 10:52am Dec 9, 2010 10:39am | Edited 10:52am
Don,

You made that rule up...not me lol

I just watch for what might be historical resistance/support...and pay attention to the price action when it gets close to those points.

I took your advice Don, and placed a stoploss mechanism on my chart(You said I could make 3 times as much!!)

It took away quite a bit of my DD($30,000.00+)
But in less than 24 hours(with 7 hours sleep+ about 6 hours shopping with a friend) yesterday- I made over $4000.00 using 0.1 lots.
Wow...it really does free me up!!



Quoting disbellj
Tex,

Well, I'm back to 0.01% profit for week LOL

Obviously not there yet. The simple rules I have concerning S&R midline may be hindering instead of helping (at least half the time).

Regards,

Don
  • #3,499
  • Dec 9, 2010 10:46am Dec 9, 2010 10:46am
I believe what happened here was- I was offline downloading a new firewall for my laptop, and when I logged back into my Forex account my EA took profit right then and there.
So there might have been a gap in the T101 chart history(from being offline), that was updated/corrected later on???

That is what I believe happened...


Quoting disbellj
Andy,

That's great man! Thank you for the fix. I was wondering what was going on. FXDD now works for 8 pair and 14 pair, where I was getting the zero divide error and the words on online charts previous indicator was dropped on would say 'Label'.

Problem fixed!

On another note, is there any way you can look at the code Eric (edoughig) posted?:
http://www.forexfactory.com/showpost...postcount=3413

If this indicator could be made to where it emulates online chart (even if it has to be turned to EA), I think everyone...
  • #3,500
  • Dec 9, 2010 11:55am Dec 9, 2010 11:55am
Hi Tex
Are you trading eight or fourteen pairs basket?
Thanks
Peter
Quoting texmade1
Don,

You made that rule up...not me lol

I just watch for what might be historical resistance/support...and pay attention to the price action when it gets close to those points.

I took your advice Don, and placed a stoploss mechanism on my chart(You said I could make 3 times as much!!)

It took away quite a bit of my DD($30,000.00+)
But in less than 24 hours(with 7 hours sleep+ about 6 hours shopping with a friend) yesterday- I made over $4000.00 using 0.1 lots.
Wow...it really does free me up!!
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