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Indicators development for T101's not very simple method

  • #3,521
  • Edited 3:12am Dec 14, 2010 2:38am | Edited 3:12am
Quoting HelwanPips
hi again i got no response about my last post i wonder why is it because there is no such indi or u dont understand whay iam trying to say i think one of the biggest rule for this strategy that julious
HelwanPips,

You might have raised a valid point here. Even though we are using the Offline charts, what is to say that the basket has settled?

If i understand you correctly at least 5 pairs will need to have jumped to give a Buy/Sell signal and by using an indicator... to see whether the basket has settled will eliminate false signals.

There are indicators on this thread that will do that for you.
Or are you looking for one that only gives a Buy/Sell signal when the basket has settled?

EDIT== I looked at your other post. Am i correct in saying that you want to determine the periods where the most basket settlements occur.

Regards
  • #3,522
  • Dec 14, 2010 3:13am Dec 14, 2010 3:13am
thanu you Gvc for ur response yes exactly i am searching for buy sell signals to be bloted on the chart for the basket settled but for the whole 7 buys and 7 sells not just the 5 pairs i mentioned is an extra confirmation when they group together up or down i will send u mail for a pic for what i mean to clear it more this indi iam looking for well not help only in the trading the whole basket but it is very important for the people who intersted in traing the jumping pairs coz it is very profitable and less risky when u expert it i founf very good sucsess in this but it is so hard to do it manual any way i will send u and i will be happy to know ur openion
  • #3,523
  • Dec 14, 2010 4:04am Dec 14, 2010 4:04am
Quoting Gvc
HelwanPips,

You might have raised a valid point here. Even though we are using the Offline charts, what is to say that the basket has settled?

Regards
yes thats what i meant Gvc people here is very skilled and i can see we have walked a very long way in this strategy but in the wrong way i mean we have a very good tools now that wasnt exist a year ago like offline chart with basket this is a very good help to see all the 14 in one chart as if it is one pair and also Orest indi whic fo monitoring the basket in differnt times and alot of other useful idi that posted here by u
But we still missing some impotant ruls that is the main of this strategy without it is is completely another trading strategy

u can see the rules in post number 1 in T101 the settlement of the basket
  • #3,524
  • Dec 14, 2010 5:39am Dec 14, 2010 5:39am
After we reach the Settlement we have to monitor the basket for example
we have the basket

Pair Profit
1) GBPUSD Buys <-- Anchor
2) EURGBP Buys
3) GBPJPY Buys
4) USDCHF Buys
5) NZDUSD Buys
6) AUDJPY Buys
7) EURJPY Buys

8) EURUSD Sells
9) USDJPY Sells
10) AUDUSD Sells
11) NZDJPY Sells
12) GBPCHF Sells
13) CHFJPY Sells
14) EURCHF Sells <-- Anchor

Since the Buys are on top and the Sells are on bottom, the trend is leaning toward the Sell direction when entering all pairs.
so......
If Sells are on bottom and one reaches the top anchor position - go 14 Short
If Sells are on the top and one reaches the bottom anchor position - go 14 Long

If Buys are on bottom and one reaches the top anchor position - go 14 Long
If Buys are on top and one reaches the bottom anchor position - go 14 Short

u see the settlement is important to begin to be ready to triger the trade

Another observation with the Anchors
when the settlement happen lests say in the abbove case the anchors was Slot 1, 14 ( GBPUSD And EURCHF )

When EURCHF jumps up and switches places with CHFJPY , this is an indication that there might be a trend reversal.
When GBPUSD jumps below EURGBP this is another indication of trend reversal.
When both Anchors change there Places this is even stronger sign for trend change
-------------------
sa u see its important to mniter the settlement period as i mentiond so hope we can think together how we can make idi for that to backtest how the basket acted each time after the ideal
Next post i will mention other setups i found with the basket that T101 adviced
hope this help some of the new comer and refresh for the old ones
wait my next post i have to go to work
  • #3,525
  • Dec 14, 2010 5:46am Dec 14, 2010 5:46am
HelwanPips,

So you want to look through all history and have arrows put on chart when pairs are perfectly settled with either all Buys at top and all Sells at bottom, or all Sells at top and all Buys at bottom?

This might be able to be done with my existing backtest indicator with code added for rules, with two added buffers to display the arrows. the slot positions are kept up with over time in that indicator, so it would be able to see in a split-second what happened in the past. Just has to have the rules put in (and buffers for arrows) - I think. But it could be more difficult than that, since you'll probably want to start the basket over every week during the "backtest". It could probably do that if the code were changed for endtime, instead of making endtime the current bar.

Regards,

Don
  • #3,526
  • Dec 14, 2010 6:14am Dec 14, 2010 6:14am
Quoting disbellj
HelwanPips,

So you want to look through all history and have arrows put on chart when pairs are perfectly settled with either all Buys at top and all Sells at bottom, or all Sells at top and all Buys at bottom?

Regards,

Don
yes Don this will be so gr8 Hope u find it easy modifing the code
Thanks in advance
  • #3,527
  • Dec 14, 2010 6:19am Dec 14, 2010 6:19am
i used to do the some backtest manualy and also using "T101_Dashboard_zz" the modified version of zznbrm for orest indi with adjusting the start and end date and go through the basket minute by minute till the settlement and watch the chart this is so hard and taking long time and observation and also i got some problems with it it it coz doesnt count the dollar value like the "Samir Universal monitor" do which is very important in my openion it give another orders for the pairs when counting the pips only
it will be gr8 if Zznbrm Or orest can modifi counting the dollar value this also will be very good tool in backtesting and monittoring the whole basket or even if u want to trade the jumping pairs only

Thanks Don and Gvc and all of u hope we can get next level in this strategy good luck all
  • #3,528
  • Dec 14, 2010 6:19am Dec 14, 2010 6:19am
HelwanPips,

Just click on my name at the top of the post and go to email.

Regards
  • #3,529
  • Dec 14, 2010 6:47am Dec 14, 2010 6:47am
Quoting Gvc
HelwanPips,

Just click on my name at the top of the post and go to email.

Regards
hello Gvc sorry for the delay but u know as a junior member i have a limeted access i cant still pm or see ur contacts ? dont know how if u can post ur email here
even the post i send taking sooo long sometimes couple oh hours
or may be i will just try to post here an attachment hope this is avilable for me wish to grow up and be a full access member
  • #3,530
  • Dec 15, 2010 3:18am Dec 15, 2010 3:18am
Quoting HelwanPips
i used to do the some backtest manualy and also using "T101_Dashboard_zz" the modified version of zznbrm for orest indi with adjusting the start and end date and go through the basket minute by minute till the settlement and watch the chart this is so hard and taking long time and observation and also i got some problems with it it it coz doesnt count the dollar value like the "Samir Universal monitor" do which is very important in my openion it give another orders for the pairs...
Hello Helwan,
Here is an indicator I have played with, one year ago for this T101 method.
it's far to be perfect but it gives a synthetic picture of the different pairs of the basket and how they move.
Try it and tell me what you think...
It's in pip (not $) because the picture you get is the chart of the different pairs with a common origin at the beginning of the week.
Please read the Word doc attached. The basket right now is a mess so I attach an older picture where you can see the different pairs (buys on top and sell at the bottom), probably later this week it will become more like that...
For those who trade the 8 pair basket, it would be easy to modify the indicator to show the 8 pairs, then we would need only one instance of it and no more window size adjustments
Hope it helps
Schmurex
Attached Image
Attached File(s)
File Type: mq4 SrxBuy7B_Sell7R.2.10.mq4   15 KB | 660 downloads
File Type: doc Using SrxBuy7BSell7R.doc   22 KB | 796 downloads
  • #3,531
  • Dec 15, 2010 11:00am Dec 15, 2010 11:00am
Kos,

I had some questions:
1. I thought you said you waited for arrow bar to close for both indicators that draw arrows before taking the trade. If so, then wouldn't you get in Buy at red bar two bars to the right of the vertical line you drew?
2. You said you stay in and wait for profit-locking to take you out, or for an opposite arrow to appear. Do you mean arrow in main chart, or arrow in separate window? And do you exit as soon as the arrow appears, or do you, like you said about entry, wait for the candle with arrow to close?

Thank you.

Regards,

Don

Quoting Kosomolate
not much today, I guess its due to US bank holiday and not much to grab

+210 going and +100 locked

@peter
I will stay on until either I am stopped by the protectEA or a SELL arrow for the opposite direction. What ever I get is enough, that is what the mkt has for me.
That is how I hold my trade. I have conquered greed and fear. dont know if you get it

kos
  • #3,532
  • Dec 15, 2010 11:05am Dec 15, 2010 11:05am
Kos,

I see that in this pic, your entry conditions were met on H4 tf at close of red bar with arrow. I understand that looking back, you note ranging, but at the time, you wouldn't have entered trade on open of next bar, since your entry conditions were met?

Regards,

Don


Quoting Kosomolate
Monday to Tuesday the basket dropped +1700 pips, and today not much to take, look at the 4HR and 1HR TF charts

kos
  • #3,533
  • Dec 15, 2010 11:10am Dec 15, 2010 11:10am
Kos,

Again I see a pic that shows you made an entry before the arrow in the seprate window showed up. Buy since you wait for bar to close after arrow, wouldn't you have taken trade a couple bars later?

Maybe I misunderstood what you said, so I'm trying to get the correct info to plug into EA I'm making.

Thank you.

Regards,

Don


Quoting Kosomolate


@ Charvo

You are always a wise man, and you see well and correctly.

That is the filter down there to filter out the fakes

Look at it and you will see why I didnt buy the basket at the blue up arrows or the blue circles and why I took the white circles trades.

best regards Charvo

kos
  • #3,534
  • Dec 15, 2010 3:29pm Dec 15, 2010 3:29pm
Quoting disbellj
HelwanPips,

Didn't say it was easy.

Didn't say I was gonna do it.

I said it could most likely be done.

But since I'm about the only coder that's given not only code, but also MM that is 1/3 of any great trading strategy IMO (MM to know how much to trade + strategy to know when to enter and when to exit + no emotions = successful trader), and it's not appreciated mostly from what I can see (have only really asked donations from those that have used what I have given, and if they've made money, a small percent to them would be a big thing...
I'm new here, but aren't you insulting all the other coders on this thread. You make out as if you're the only one to have contributed, also the original system did have MM but you take
complete claim to it
  • #3,535
  • Dec 15, 2010 6:45pm Dec 15, 2010 6:45pm
Quoting schmurex
Hello Helwan,
Here is an indicator I have played with, one year ago for this T101 method.
Schmurex
thank u Schmurex
i got the chance to try u indi its very nice i compared it with the dashboard to be sure it is going with the same pair order at specified period and it was very accurat
but i still like the dashboard better coz it is easier for me to follow the pairs espicialy that i like to trade the jumping pairs not the whole basket the only problem with the dashboard is the dollar value i belive its easy to convert the numbers i will try to do even if i study some codes myself i can do it
i like to share more ides with u all i dont know if its better to open ew thread to concentrat on the jumping pairs method and share my thoughts there and not to bother some of u here tell me what do u think
thanks again iSchmurex and Gvc
Attached Image(s) (click to enlarge)
Click to Enlarge Name: srx.gif Size: 21 KB
Click to Enlarge Name: dashboard.gif Size: 52 KB
  • #3,536
  • Dec 15, 2010 8:36pm Dec 15, 2010 8:36pm
Quoting HelwanPips
i like to trade the jumping pairs not the whole basket the only problem with the dashboard is the dollar value i belive its easy to convert the numbers i will try to do even if i study some codes myself i can do it
Hello Helwan,
could you expand a little bit more on the jumping pairs: how do you spot them and how do you trade them.
Do you have to wait until all the pair settle in perfect order before considering a jumping pair?
Which one would you have selected so far this week (if any) and when?
Thanks
Schmurex
  • #3,537
  • Dec 15, 2010 8:51pm Dec 15, 2010 8:51pm
Stilgare,

Julius' money management was for 1 micro lot and 1 mini lot. There was no scaling of Lots or profit-locking values, both of which I provided in an EA, which automatically calculates for the trader how much to trade as their account grows, to maximize money management while never risking more percent than the trader wants to. So they can always risk same percent if they choose, so Lots grow automatically as account grows, and so does the profit-locking values, which are scaled at same rate as Lots.

That EA has had it's actual trading function fixed by one coder: Robert, without which we wouldn't have a trading EA to put different strategies into. Thanks to Robert alone.

There has only been one other coder that stepped in to help at another time and that was zznbrm.

I respect both of them, but I think even they would have to admit I have given more time and code than they have, meaning no disrespect to either of them.

I have given the bulk, and unless you or someone else wants to step in and help, then I remain one of the few coders (especially in a long while) who have contributed to furthering T101 indicator and EA development.

Maybe you should read the thread before telling me what I'm doing, and see how many other coders have contributed indicators and EAs they made themselves before you give remarks to me on what I'm doing.

Show me one place in what you quoted that I said, where I am insulting all the other coders on this thread? Show me where I insulted ONE OTHER CODER! Because I did no such thing! I was referring to an indicator I MADE and MM I MADE, with SCALING of profit-locking that I MADE, that i included in this thread in an EA that I MADE - all of which I GAVE. Even when I mention donation I say "I ASK FROM PEOPLE THAT HAVE PROFITED", so not to confuse anyone like yourself who starts at the end of a thread reading, and not knowing anything I have given, and who hasn't profited from any of it. If I had a consistently profitable method coded from one of the contributors of strategies, and it was OK with them, then I might share an EA here. But as I said before, I don't know why I bother wanting to continue sharing here anyways. Thanks for cementing more my feelings on the matter, Mr. Accuse-Me-Without-Reading-First.

Don


Quoting Stilgare
I'm new here, but aren't you insulting all the other coders on this thread. You make out as if you're the only one to have contributed, also the original system did have MM but you take
complete claim to it
  • #3,538
  • Dec 15, 2010 9:35pm Dec 15, 2010 9:35pm
Quoting disbellj
There has only been one other coder that stepped in to help at another time and that was zznbrm.

I respect both of them, but I think even they would have to admit I have given more time and code than they have, meaning no disrespect to either of them.
Don,

Your efforts with this T101 strategy are without equal...keep up the good work! Your determination to get a profitable EA for the basket trading will hopefully lead to many profitable years of trading.

I try to help occasionally, but I keep my distance because I don't really like the strategy. It probably can be profitable, but there are easier ways.

Best of luck!
  • #3,539
  • Dec 16, 2010 6:15am Dec 16, 2010 6:15am
Quoting disbellj
Kos,

I had some questions:
1. I thought you said you waited for arrow bar to close for both indicators that draw arrows before taking the trade. If so, then wouldn't you get in Buy at red bar two bars to the right of the vertical line you drew?
2. You said you stay in and wait for profit-locking to take you out, or for an opposite arrow to appear. Do you mean arrow in main chart, or arrow in separate window? And do you exit as soon as the arrow appears, or do you, like you said about entry, wait for the candle with arrow to close?

Thank you.

Regards,

Don...
Don, I salute your tenacity and perseverance, and sorry for the late reply to your questions and thanks for the interest

@Don,

I like simplicity because over time I see that it works best when it is kept very simple, I was doing it the former way of 4 conditions met and GJ as the mirror that requires some human discretions and intervention and I started loking for a more mechanical way, then the offline chart came (pricehistory _v3).

I have been most times trading EU successfully, with a modification of Mr.ED system. so I applied it on the offline chart

what kills most accounts is oversizing, I do 0.01 on 2k accts on LIVE accts and its ok for me and am ready for -56 usd SL on it which is not even up to 3% of the 2k and even with 4 consecutive losses am still standing strong and can still do 0.01 .

and whenever the 14 pairs begin their huge move am always there, and it always wipe out the SL hits and repays me bountifully. This is the message I have been trying to pass across from inception keep it simple, and keep doing it. I have contacted a lot of traders behind the scene trying to look what would keep us out of ranging times But I came to the realisation that many very good and simple systems end up in the recycle bin while ppl are looking for a way to cut out the bad trades or ranging periods
Ronald Raygun in his PM said if there is any perfect way to detect ranging and trending times then forex would not be here again. He said the only way is your eyes and any thing that can keep the losses low so that you can still trade another day, to me that is MM with 0.01 on 2k acct I can stomach the loss of -560pips 2 - 3 times.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,540
  • Edited 9:37am Dec 16, 2010 6:31am | Edited 9:37am
zz,

Thank you my friend.

I know there are easier ways. For instance, on a personal strategy yesterday that I put into an EA, it made 14% on one pair on one trade in one day risking just 2%, so 7:1 R:R. But when I put the EA onto multiple pairs overnight, I saw that it needs work on its exits code, not strategy. I'll get there soon I believe.

This thread at the moment has become more of a contributory effort if I decide to continue. I have coded Gvc's, Kos', Tex's, plus two other traders single-pair EAs, as well as a couple of my single-pair strategies into EAs which are all demo testng now, and I am tweaking them as needed. As I get EAs that I believe goes by the author's rules, I share that EA with the author for them to confirm. Since Tex''s is the least mechanical, it has been the hardest to code. I may ask Kos and Tex off-forum for more information, to get their EAs making trades just like they would, but at this point I'm going to focus on my own strategies mostly, since they seem the most profitable IMHO anyways.

Again, thank you for your sharing of code, in essence - your support.

To all:
I received an infraction due to my unknowingly breaking rule #3 of the forum, as my requests for donations to help me want to continue is seen as me selling. So I will not be asking for donations any more. I will also probably be contributing less, keep EA development to myself, and focusing on my own trading, since I need to make ends meet someway.

Regards,

Don


Quoting zznbrm
Don,

Your efforts with this T101 strategy are without equal...keep up the good work! Your determination to get a profitable EA for the basket trading will hopefully lead to many profitable years of trading.

I try to help occasionally, but I keep my distance because I don't really like the strategy. It probably can be profitable, but there are easier ways.

Best of luck!
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