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  • #321
  • Edited Mar 28, 2011 5:48am Mar 27, 2011 10:26am | Edited Mar 28, 2011 5:48am
found ERROR: in the MJStochastic MJMovingAverage indi I attached: I think you get an error if you try to set the TF to one month (did not test that before - so you know why such testing is important.)


I attach the corrected test indis: SORRY.


UPDATE: for the new indi further down
__Thanks__ MJ
  • #322
  • Mar 27, 2011 10:47am Mar 27, 2011 10:47am
So was I suppose to be testing that instead of the one that I was using as indicated in the picture that I posted...and also I've never used mtf moving averages.so I may need to look into that though I may not use it as it may complicate my method and what I look for but as far as the vlines go I think that does take away the need for the write to files but that's just my opinion...
No man is free who is not a master of himself. -P.M.-
  • #323
  • Mar 27, 2011 11:06am Mar 27, 2011 11:06am
So was I suppose to be testing that instead of the one that I was using as indicated in the picture that I posted...and also I've never used mtf moving averages.

Me neither but maybe it's now a good time to check into it


so I may need to look into that though I may not use it as it may complicate my method and what I look for but as far as the vlines go I think that does take away the need for the write to files but that's just my opinion...

The only think why it might still be helpful is: one can maybe more easily spot how many alerts on a particular time span was: just look at the start row and row of that day in excel or so.

Not sure either.


BTW: did the UniquePrefix answer help for your multiple alerts applied to one chart?
__Thanks__ MJ
  • #324
  • Mar 27, 2011 11:42am Mar 27, 2011 11:42am
Off Topic;

just was reading something about possible problems and I still found the general info interesting. (not so much the technical stuff)

Free-of-Holes Charts: http://articles.mql4.com/136
1. Motivation

In MT 4, only those bars are drawn, within which at least one price change took place. If no price change occurred within a minute, a one-bar gap will occur in the chart with one-minute period.


The developers have deliberately chosen this way of charts drawing since the most traders that use their product prefer charts, which contain only existing prices. Nevertheless, there are users who like continuous charts. They prefer the bar to be drawn if even its open price is equal to the close price of the preceding bar. Thus, there will be no gaps in the time scale of the chart, and 100 bars will always correspond with 100 minutes in the one-minute chart. These data can be different in the current realization. For example, 100 minutes can "fit" in 98 bars if there were 2 minutes among them when no quotes had income.
__Thanks__ MJ
  • #325
  • Edited 12:49pm Mar 27, 2011 12:32pm | Edited 12:49pm
Hi guys,

I was writing something together and thought I might post it also.

ACTION (TASKS/CHECKS) FOR STOCHASTIC:

FIRST: Important point of understanding:

I do not follow strictly what one would do looking at multiple charts with different Time Periods. (e.g. what Spud mostly did)

e.g. to explain this:
What does it mean a line (Stoch/MA) points in a direction: e.g. UP:
simple said: if the current stoch is higher than the previous stoch.

The issue I want to point to is: What do I (we) understand by PREVIOUS in a MTF setup.

If one trades of the M1 and looks at multiple charts:

On the main M1 Chart: previous would mean 1 minute ago. (or previous M1 bar.

Than he looks at the other charts.

On a Daily chart: previous would mean the previous day.
On a M15 chart: previous would mean the bar before: 15 minutes before
On a M5 chart previous would mean 5minutes ago.


I on the other hand follow a different line:
I follow the point that one has applied different MTF indicators to ONE chart.

And now has all the MTF info on this single chart. A reason why many prefer MTF indies than 5 charts.
A trader looking at that single chart will base his decisions usually a bit differently.

e.g. let's say a MTF indi trader has applied to a M1 chart:

MTF STOCH TF: D1
MTF STOCH TF: M15
MTF STOCH TF: M5

The trader looking at such a chart bases his decision surely not by scrolling backwards a whole day (1440 M1 bars: and than makes his decision on the difference to the current live M1 candle.)
Probably not even counting 15 bars back for M15.


For such a setup: previous would mean for most: 1 Chart bar ago (in this case M1). And that applies to all MTF indies D1 , M15, M5: Previous means on a M1 chart 1 Minute bar ago, no matter what MTF period is applied.
On the other hand if one changes the chart period to M5: previous would mean 1 M5 bar ago. And that applies to all MTF indies D1 , M15, M5

Mostly a trader looks at the chart with a kind of Vertical Line mind: just go through any forum where they post charts with MTF- indis applied. Mostly there is a Vline and than some explanation why this was all supporting such and such case. It's quite a different approach than a strictly Multiple charts approach.

Also some other issues: like Past data will often be readjusted (which by Multiple charts does never happen for closed candles. ) but in MTF indi charts it happens even for the previous Closed chart bar.


But the argument goes: That's why one uses MTF- indicators to have the info on one chart and not on many with all the bars starting point at different times.

What is right or wrong: None – it is just a bit of a different approach. Does it ALWAYS produce the same results: I don't know.


SO: one more reason to really make sure the MTF indis are working correctly

__Thanks__ MJ
  • #326
  • Mar 27, 2011 2:06pm Mar 27, 2011 2:06pm
HOMEWORK1: http://www.forexfactory.com/showpost...&postcount=304
Use the other indis I corrected the Month error: use this: http://www.forexfactory.com/showpost...&postcount=321

OPEN


HOMEWORK2 http://www.forexfactory.com/showpost...&postcount=305
CLOSED: RESULT: Go simple



NEW LAST HOMEWORK!
Hi, there is one more homework for you guys.

Probably something which is of more interest to you (still the other is probably more important).

I have started to write together some suggested Action/Task/Checkups we might like to include.

I hope I did not do to many mistakes ( good that you guys are thinking here with me

Have a look at the attached pdf ( I aslo add a .doc but not sure if it opens as I use Openoffice on Linux.

Anyway, if you read a bit through the suggestion you will get the idea I thought how to do it.

Your task will be: maybe you could come up with something in a similar style we could/should (you wish) to include.

I won't promise that all will be included but suggestions are open. (try to explain a bit what it should do: how is the situation for (LONG/SHORT)
What could be possible outcomes (in relation to long/short) A bit like I did.

Don't include just anything so that you can add to the list: but think what you would like to really use.
Attached File(s)
File Type: doc Alerter_Tasks.doc   36 KB | 213 downloads
File Type: pdf Alerter_Tasks.pdf   86 KB | 467 downloads
__Thanks__ MJ
  • #327
  • Mar 27, 2011 7:13pm Mar 27, 2011 7:13pm
OK MJ so I have been playing with the moving averages indicator that you posted and I love it...its like a strategy in itself...I won't put the details of that in here...for that I shall pm you so you can see what I am talking about but I love it so far...As much as I am into MTF I am surprised I never used something like this before but I tried the unique ID and it didnt work but I guess it doesn't make a difference since all I have to do is basically refresh the chart to get everything back and on the same page so its ok...so far with what I have cpu seems to be running fine...
No man is free who is not a master of himself. -P.M.-
  • #328
  • Mar 28, 2011 1:52am Mar 28, 2011 1:52am
Quoting pmullin86
but I tried the unique ID and it didnt work
hi pmullin86,

 Very good stuff (even if it did not work - but that's the purpose of testing playing around - to find this errors Thanks a lot.

could you once more explain here (also maybe interesting for others to know).

What you do - how you go about to produce the problem.
What 's the problem. Maybe some screenshots.
__Thanks__ MJ
  • #329
  • Mar 28, 2011 2:01am Mar 28, 2011 2:01am
hi pmullin86,

related to your PM. In the pic below you can see I did once a Direction coloured Stoch (similar to MA) But this all was on MT5 testing.

This was not MTF but normal stoch colored: I guess 100,3,3 and a 14,3,3 or something similar.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot.jpg Size: 15 KB
__Thanks__ MJ
  • #330
  • Mar 28, 2011 2:31am Mar 28, 2011 2:31am
hi guys,

Probably you know but in case you don't.
if you use the WriteToFile ( or even the Vlines ( if you open the Object list) Alerts have always written the orig Time in the message (or Vline properties.

You can simple copy/past them into the left bottom corner of a chart (see below) and enter and you go straight there.

One can also enter a new Pair symbol and change an existing chart like that: for fast testing I do that at times than having 30 charts open.

Probably you knew - still helpful.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot.png Size: 14 KB
__Thanks__ MJ
  • #331
  • Mar 28, 2011 3:47am Mar 28, 2011 3:47am
Good morning guys,

Just woke up; have to read all first..

Dont feel much like a living person today(drinking too much again; copple of nice frensh bottols of Margeaux..).

Not sure if I can handle life candles yet but I will try; defenately no trading today..

I'll try testing though!
Life is great!!
  • #332
  • Mar 28, 2011 4:22am Mar 28, 2011 4:22am
Quoting M_j
Looks exectly how I expected it to look!

About ACTION:


Next Step(after selecting 2 lines): select operator like '>' or '<'?
Next Step: many sections of previous procedure?

Very Good point: in one of my customary systems I did more or less such thing
[color=Blue]But this worked all differently.

I had one long drop-down list on each side: and in the middle a list with operators
And you could but together a crazy long final criteria.

Anyway: my suggestion was: SETS are always treated as Union and one will do different...
For the 3 extra Stochs I was thinking of simple implementing each option separately to choose.

Make it 5!!

e.g. Stoch1_OrderStoch2 (or whatever.
Stoch1_OrderStoch3
Stoch2_OrderStoch3

Something along the line so one just has to activate it or deactivate it.

Yes, exactly! This would solve all problems as on can customize some settings for Stoch1_OrderStoch2. Lets say if you have an option for comparison and than can select '>' or '<' by selecting False or True

Than do Stoch1_OrderStoch3 and Stoch2_OrderStoch3: you can make any criteria you want(Because you already defined the min/max value for long/short before in the Stochastics line)!

If you create 5 Stochs you would than have to add:

Stoch1_OrderStoch4 Stoch2_OrderStoch4 Stoch3_OrderStoch4;

Stoch1_OrderStoch5 Stoch2_OrderStoch5 Stoch3_OrderStoch5 Stoch4_OrderStoch5

If you can make the Alerter than check all criteria you have all flexibility in the world!

Please let me know what you think of this..
Life is great!!
  • #333
  • Mar 28, 2011 4:26am Mar 28, 2011 4:26am
Quoting M_j
QUESTION WriteToFile

did anyone of you look at this (also look at the File folder maybe it'*s already full

or do the VLines mostly eliminate the need for WriteToFile.
No, still never used but very much like the idea of writing to file!

I have to do some research on this because its all new to me..
Life is great!!
  • #334
  • Mar 28, 2011 4:27am Mar 28, 2011 4:27am
For the 3 extra Stochs I was thinking of simple implementing each option separately to choose.

Make it 5!!

MJ: We will see: I'm still not sure if MT4 allows all of this (don't know it well enough). I guess I will see it maybe today or tomorrow.
__Thanks__ MJ
  • #335
  • Mar 28, 2011 4:51am Mar 28, 2011 4:51am
Quoting M_j
Hi guys,

I was writing something together and thought I might post it also.

ACTION (TASKS/CHECKS) FOR STOCHASTIC:

[color=#ff00ff][u][b]FIRST:...
Always difficult this evaluation..

I think you covered very well by the option of checking only closed Candle or new Candle. If it keeps checking the situation(witch I assume) from lower to higher TF when the lowest TF changes Candle: you have the Spud scenario's.
Realtime checks is what I prefer and, again, I think you covered very well in the first PDF!
Life is great!!
  • #336
  • Mar 28, 2011 5:17am Mar 28, 2011 5:17am
Quoting M_j
hi pmullin86,

related to your PM. In the pic below you can see I did once a Direction coloured Stoch (similar to MA) But this all was on MT5 testing.

This was not MTF but normal stoch colored: I guess 100,3,3 and a 14,3,3 or something similar.
You think we should upgrade to MT5 to make life easier?

Can all indicators from MT4 also be used in MT5?
Life is great!!
  • #337
  • Mar 28, 2011 5:23am Mar 28, 2011 5:23am
Quoting M_j
New test MJ STOCH/MA

hi guys,

I know it's bit annoying to get always new versions - well that's part of the process we are in.

For the alerter I did some changes internally and put them back into the MJStochastic so to keep all more in line.

I also completely removed the UseClosedCandle option to be more in line with the standard Stochastics/MA.


So, in any further tests it would be cool if you use the attached version: MJStochastic_v1.04.ex4
MJMovingAverage_v1.04.ex4

Hope there are not many new errors
Are you updating again?

Think you removed the attached Indis..
Life is great!!
  • #338
  • Mar 28, 2011 5:27am Mar 28, 2011 5:27am
Quoting despichtt
You think we should upgrade to MT5 to make life easier?

Can all indicators from MT4 also be used in MT5?
NO they are not compatible - but many exist already for MT5. Anyway - I do not think we should - because most people who use MT platform for trading use MT4. I don't mind as I do not trade on MT platform use the brokers own Java one.

So, basically if it works out on MT4 - it's nice - else we just skip it.
__Thanks__ MJ
  • #339
  • Mar 28, 2011 5:28am Mar 28, 2011 5:28am
Quoting despichtt
Are you updating again?

Think you removed the attached Indis..

YES: just a couple of minutes.
__Thanks__ MJ
  • #340
  • Mar 28, 2011 5:45am Mar 28, 2011 5:45am
New test MJ STOCH/MA

hi guys,

I know it's bit annoying to get always new versions - well that's part of the process we are in.

For the alerter I did some changes internally and put them back into the MJStochastic so to keep all more in line.

I also completely removed the UseClosedCandle option to be more in line with the standard Stochastics/MA.


So, in any further tests it would be cool if you use the attached version: MJStochastic_v1.04.ex4
MJMovingAverage_v1.04.ex4

Hope there are not many new errors


Tried to unify stuff more so it's easier in the final Alerter.
Attached File(s)
File Type: ex4 MJMovingAverage_v1.04.ex4   23 KB | 262 downloads
File Type: ex4 MJStochastic_v1.04.ex4   26 KB | 257 downloads
__Thanks__ MJ
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