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CHOROS Interactive

  • #481
  • Jul 22, 2011 7:10am Jul 22, 2011 7:10am
Quoting micmic
Would it be ok to post signals that my indicator generates ? I think it has reached a stage where it can follow most rules. It can detect MA touches, in how many bars they happen, how many times price has touched the MA in the current trend, the slope of the MA, the general pair trend. It can detect confluences of round numbers, MAs, pivots, trendlines etc. It can spot cosntrainments. It can also wait for price action or judge signals according to previous price action, since it can detect pinbars, OEBs, hammers etc in lower & higher timeframes....
It is absolutely acceptable to post signals since they are CHOROS based. Actually, such an indi would be useful as it is (not as an EA). When you feel it's ready and if it is in your plans to release, please do so in the CHOROS system thread.
  • #482
  • Jul 22, 2011 7:17am Jul 22, 2011 7:17am
It needs a lot of work yet, but if I release it I will also have to release a thick manual to go with it. Until now it has more than 1000 configurable parameters, and many parameters are still hardcoded! Of course I never change the parameters from the indicator properties, I always recompile. Even though the source code is heavily commented I often have to contemplate a lot to remember what I had been thinking when I coded a line... Maybe this thing will soon get a life of its own and take over the world
  • #483
  • Jul 22, 2011 7:32am Jul 22, 2011 7:32am
Quoting Haydel
Possible AUDUSD H1 Constrainment to LONG

H1: Constrained by 10EMA; (Parallel 35/50); Clear uptrend
H4: Price above 35, 50 and 10; Uptrend (Not too strong)
D1: Price above 35, 50 and 10; Clear uptrend


H1 has three Constrained Bars (If the current H1 coloses as it is right now)

The triger could be COB of current H1 bar if it closes constrained by 10 EMA (Best if it is a PinBar or Doji). If not this H1 bar, may be the next one.

Looking to the left I can see that Target could be +30p at 1.0870 near the highest H1 bar close in 2011.05.11....
Wow!, CHOROS amazes me. I’m happy with this one, 1.0870 target was reached as expected for +32p

I really have to thank Kostas1 and Survivor for teaching us so well and eClay of course for sowing the seed.

I made two trades that started last night, one closed within 2 hours and the other closed around 1 hour ago. A total of +52p

It’s really nice to wake up in the morning and find out that you are done for the day.

The only problem leaving trades open while I sleep is that I dream that I´m a Stop Loss and the evil Price is chasing me…

Thanks Kostas1, your thread is making a difference on my trading.
Attached Image
  • #484
  • Jul 22, 2011 7:59am Jul 22, 2011 7:59am
Just an idea about how "The Monster" indicates trades:

2011.07.22 15:56:59 EURAUD: SC:55>SELL@ 1.3242>PE10>MA10>BT0>RT10*2>NO10>SZ-10>TR10>RS10>SP0>RC5>CW0>PT0>BL10>LV-10
  • #485
  • Jul 22, 2011 8:04am Jul 22, 2011 8:04am
The hieroglyphics after the SELL are individual scores that generate the overall score of the trade. In this case SC:55.

As I'm writing this I see that this trade would had already closed profitably. For the time being I have not dealt at all with optimizing stop loss and take profit, I consider a trade successful if it reaches 15 pips and a loss if it takes out a stop loss of 15 pips.

The score system changes daily as I modify the program, but for today it was an ok score. The highest score generated today by "the monster" was 75 for a USDCAD trade.
  • #486
  • Jul 22, 2011 8:15am Jul 22, 2011 8:15am
2011.07.22 16:15:20 NZDUSD: M15EMA5 (1-Bar/No.2)-SC:50>SELL@ 0.8638>PE0>MA10>BT0>RT10*0>NO10>SZ5>TR5>RS10>SP0>RC0>CW0>PT0>BL10>LV-10
  • #487
  • Jul 22, 2011 8:17am Jul 22, 2011 8:17am
I'm posting the above as a test, actually the score for the NZDUSD is rather mediocre (50). I'll have to explain what the codes mean.
  • #488
  • Jul 22, 2011 8:26am Jul 22, 2011 8:26am
Again for EURAUD, this time with a higher score:

2011.07.22 16:24:17 EURAUD: SC:75>SELL@ 1.3234>PE10>MA15>BT0>RT10*1>NO10>SZ5>TR10>RS10>SP0>RC5>CW0>PT0>BL10>LV-10
  • #489
  • Jul 22, 2011 8:32am Jul 22, 2011 8:32am
Took EJ trade at MA 10 touch
First TP +10 pips
Then SL to BE

Good Luck
Attached Image
  • #490
  • Jul 22, 2011 8:35am Jul 22, 2011 8:35am
This is how it would look at the moment of the trade:
Attached Image (click to enlarge)
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  • #491
  • Jul 22, 2011 8:37am Jul 22, 2011 8:37am
Looks like a two bar retrace coming up on the EU for the M15 10
  • #492
  • Jul 22, 2011 8:37am Jul 22, 2011 8:37am
Quoting micmic
This is how it would look at the moment of the trade:
So does the indicator give out an alert when a trade sets up?
Raza
  • #493
  • Jul 22, 2011 8:40am Jul 22, 2011 8:40am
Took trade at 10 ema touch.
After I realised that I broke 2 bar retrace rule ..
Same like EJ
1st TP +10 pips
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  • #494
  • Jul 22, 2011 8:45am Jul 22, 2011 8:45am
Quoting cmeade2
Looks like a two bar retrace coming up on the EU for the M15 10
So frustrating. The price came within 9 pips of the 10 on the way up. Then it turned around and nose dived, pulling the 10 EMA down to touch the wick on the top of the bar.
  • #495
  • Jul 22, 2011 8:47am Jul 22, 2011 8:47am
Quoting shr5
So does the indicator give out an alert when a trade sets up?

Yes. This one has reached a pip from the take profit and it looks like it can hit it:
Attached Image (click to enlarge)
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  • #496
  • Jul 22, 2011 8:50am Jul 22, 2011 8:50am
Quoting micmic
Again for EURAUD, this time with a higher score:

2011.07.22 16:24:17 EURAUD: SC:75>SELL@ 1.3234>PE10>MA15>BT0>RT10*1>NO10>SZ5>TR10>RS10>SP0>RC5>CW0>PT0>BL10>LV-10
Wow micmic, I'm impressed!! I did hit TP
  • #497
  • Jul 22, 2011 8:52am Jul 22, 2011 8:52am
It just hit it. This is a trade that I would probably not take by myself, because it was an one-bar retracement and also after a very recent touch of the 10EMA. By the way, the indicator saw this one as a first touch, because as you can see the large bullish bar "delayed" the EMA and what was a touch at real time, is not a touch anymore.

There is also code that subtracts points from a trade if it is an one-bar retracement and if the retracement candle is too big, but the indicator gave this one a high score even after calculating the above. Right now I have about 15 parameters that contribute to the overall score of a trade, and I'm adding more.

ETA: What I wrote above is of course wrong: When the bullish bar opened the ema had already been printed for two bars before, so it couldn't delay it. It's just that I calculate touches according to the projection of the EMAs and not according to actual touches.
  • #498
  • Jul 22, 2011 8:58am Jul 22, 2011 8:58am
2011.07.22 16:58:17 nzdusd: Sc65>sell@ 0.8639>pe10>ma10>bt10>rt10*1>no10>sz-10>tr5>rs10>sp0>rc0>cw0>pt0>bl10>lv-10

ETA: It doesn't usually give that many signals, it was quiet for most of the morning. Looks like it may lose this one though
  • #499
  • Jul 22, 2011 9:04am Jul 22, 2011 9:04am
Quoting micmic
2011.07.22 16:58:17 nzdusd: Sc65>sell@ 0.8639>pe10>ma10>bt10>rt10*1>no10>sz-10>tr5>rs10>sp0>rc0>cw0>pt0>bl10>lv-10

ETA: It doesn't usually give that many signals, it was quiet for most of the morning. Looks like it may lose this one though
It looks fine.

SL could be just above 0.8650 RN and TP could be around 0.8634 close to H4 10 EMA touch.
  • #500
  • Jul 22, 2011 9:06am Jul 22, 2011 9:06am
The "sz-10" above was a 10 point reduction from the score of the trade because the candle that touched the 10EMA was too big.
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