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EMA SMA angle indicator

  • #21
  • Apr 28, 2010 12:22am Apr 28, 2010 12:22am
Quoting Quitepips
Hi,
Can i have that indicator?
I do believe in the angles in charts not like 7bit.

Thank you.

Quitepips,

I am guessing Hayseed is still working on this. If he completes it and gives me his permission I will release it here.

Kostas.
  • #22
  • Apr 28, 2010 10:07am Apr 28, 2010 10:07am
hey kostas..... actually had hoped dm's version would suffice and i had moved on to other projects.......

dm's posting was a very very welcomed sight.... i could not get 7bits comments out of my mind..... and that distraction carried over into other works......


personally, i can not see the beauty in the mona lisa, or run a 3 minute mile or listen to rap music...... but i would never be so presumptous and disrespectful to say it was impossible for anyone else.....

nor would i impose my standards on anyone else..... to each his own.......

i have moved on......h
to trade and code, keep both simple... no call to impress....h
  • #23
  • Apr 28, 2010 10:57am Apr 28, 2010 10:57am
Quoting hayseed
but i would never be so presumptous and disrespectful to say it was impossible for anyone else.....

nor would i impose my standards on anyone else
The non-existence of angles in the chart (and thus the impossibility to calculate one) is not a personal standard or a presumption or something like that, it is a mathematical fact. Mathematical facts should simply be understood and accepted.

Mathematical truths are not "imposed" on someone, they simply exist.
  • #24
  • Apr 29, 2010 2:01pm Apr 29, 2010 2:01pm
Quoting Dm_35
My version

Dm_35,

I found time to test your indi and my conclusion: GREAT JOB
Your indicator follows the lines nicely and I wanted to ask for the following:
1. Could you allow more than one MA to be shown (for example if I add your indi two times on the chart for two different MAs it keeps only one of them)
2. Could you add an option to only show the values of the angle at one corner of the chart (for example: EMA(50)=50 deg, SMA(100)=23 deg, etc.). This would be useful for up to 3 MAs on a chart.
3. Please explain the options on your settings (ExtDepth, ext, Complect)

Again, I want to thank you for your work. This will become a useful indicator for many of the traders.

Kostas

P.S. I agree with 7bit's comments but if you always keep the chart stable in x,y dimensions the angles make sense and they are consistent (in my case H1 is always 200 pips in y axis and 5.5 days in x axis).
  • #25
  • May 8, 2011 10:17am May 8, 2011 10:17am
Quoting Dm_35
My version
Hi Dm-35

Your indicator draws very good line for the angle but it shows 0 all the time on my platform. Anything wrong? Thanks for sharing the indicator.
  • #26
  • May 8, 2011 11:15pm May 8, 2011 11:15pm
The angle is simply the change in the vertical measure (pips) divided by the change in the horizontal measure (time), i.e. (y0-y1)/(x0-x1). It effectively expresses a rate of change. Of course the slope changes visually as one adjusts the scale by zooming in/out, but the ratio of pips to time remains the same, allowing valid comparisons of different scenarios.
  • #27
  • Jul 27, 2011 9:27am Jul 27, 2011 9:27am
Quoting hanover
The angle is simply the change in the vertical measure (pips) divided by the change in the horizontal measure (time), i.e. (y0-y1)/(x0-x1). It effectively expresses a rate of change. Of course the slope changes visually as one adjusts the scale by zooming in/out, but the ratio of pips to time remains the same, allowing valid comparisons of different scenarios.
CAN I PLEASE PROOF THIS MATHEMATICALLY?

let me use this illustration
if it is given that
a = b

In maths we equate/relate values that have a linear relationship. such that if we increase b at any point in time a increases automatically. But if you take a closer look at the above equation, there is a crucial numerical quantity left out.

a = kb

where
k=constant (in this case k=1)

when a and b are not sharing the same units or property, as debated in this thread (i.e price movement and time).we introduce our proportionality constant.

such that for any increase in price with respect to time k remains constant.

So what value can we assign to K in in this case?

if Candle bars is a function of time
and Moving averages is a function of time (period, shift etc)

it means that it is mathematically possible to find the angles generated by moving averages with respect to time. since for every bar the time is constant. while the moving average fluctuates with respect to time and price.


IN SUMMARY

what i am simply trying to say is that

since price(candle bars) and MAs share are all a function of time. It is mathematically correct to find the angle formed by the Moving Average.


THAT BEEN SAID USING ANGLES TO MEASURE MOMENTUM OF BREAKOUT COULD BE VERY PROFITABLE. THAT'S HOW I CAME TO FIND THIS THREAD.

IMO

TIME FRAME=15MIN OR 5MIN
CONSERVATIVE TP=12-15
AGGRESSIVE TP=20-25


I WISH YOU THE BEST.

I WILL SOON BE POSTING THE EA I HAVE DEVELOPING FOR SOMETIME FOR YOU GUYS TO ANALYZE, CRITICIZE AND POLISH IF YOU SEE FIT. AM JUST A NEWBIE IN MQL4 SO I'LL ADVISE EVERYONE TO LOWER THEIR EXPECTATIONS.

BYE.
  • #28
  • Aug 25, 2011 9:36am Aug 25, 2011 9:36am
Hayseed,

I use a different platform than MT4. What formula did you use to figure the angles on the MAs?

Thanks!

Quoting hayseed
hey kostas..... ok, here we go.....

when measuring angles of ma's we need the ability to specify 2 points in time.... to best visualize what's being done i've written it to create 2 triangles...... red for a downtrend and blue for uptrend....

the first picture shows the 2 triangles with bold magenta lines on the hypotenuse.... let's just use the blue one..... you'll notice the blue 56.92 to the right of the blue triangle...... that is the angle in degrees of the ma at the blue triangle.....

//----
now let's prove it using metatraders own built...
  • #29
  • Aug 26, 2011 2:34pm Aug 26, 2011 2:34pm
Quote
the first picture shows the 2 triangles with bold magenta lines on the hypotenuse.... let's just use the blue one..... you'll notice the blue 56.92 to the right of the blue triangle...... that is the angle in degrees of the ma at the blue triangle.....



When Hayseed referrances the hypotenuse its in referance to a Right triangle but when your resizeing or rescaleing the data window either manually or mt can do this when new incoming price data is outside the current window. the triangle will not remain true to form the angles and shape of the triangle will change.





Quoting stryker251
Hayseed,

I use a different platform than MT4. What formula did you use to figure the angles on the MAs?

Thanks!
Trader Keit ... Methods Of A Dirt Road Mad Man....
  • #30
  • Aug 26, 2011 4:27pm Aug 26, 2011 4:27pm
hey stryker..... sorry for late reply, only noticed your post here because cc responded and he is one of the few i read everything he posts......

//---

the exact math involved there has long since been forgoten.... not because it does not work, it works without a flaw as clearly seen in the video's, but i have since developed better methods.....

and unfortunetly my public involvement with this has ceased due to other reasons......h

//---
//---
to trade and code, keep both simple... no call to impress....h
  • #31
  • Aug 27, 2011 1:49pm Aug 27, 2011 1:49pm
Am I in the ball park with this?

Angle = arctan ((highprice-lowprice)/number of bars)*10000))
  • #32
  • Aug 27, 2011 8:23pm Aug 27, 2011 8:23pm
hey stryker..... if your question was meant for me, i'm sorry but the exact math has been forgotten.....

//---

let me better explain...... all i do most every day is code experts and indicators..... the first of every month i save everything to a new usb flash drive and delete it all off my computer...... then download another platform from ibfx and start all over..... this is to keep my mind clear of work that is finished..... past work is a distracting burden to me......


with the exception of a couple experts that are used daily and a couple indicators, the rest of the is gone..... every 30 days.....

//---

also remember in my post to kostas, i said, to best visualize what's being done i've written it to create 2 triangles......

it's the visual aspect some people have difficulty with.....

for some reason i thought the videos had been posted on this thread, but apparently not..... some are in this post, the angles, forget angles and sore subject links..... there are more......

i am running an improved version of that now.... it's coded to never short the dollar or buy the swiss franc or yen....... still, even hamstrung by those additional rules, it has yet to have a losing trade.....

don't let anyone distract you.......h
to trade and code, keep both simple... no call to impress....h
  • #33
  • Aug 28, 2011 10:57am Aug 28, 2011 10:57am
I don't suppose you would be kind enough to post your current version you mentioned below to take a peek at?

Thanks for taking the time to reply.


Quoting hayseed
hey stryker..... if your question was meant for me, i'm sorry but the exact math has been forgotten.....

....

i am running an improved version of that now.... it's coded to never short the dollar or buy the swiss franc or yen....... still, even hamstrung by those additional rules, it has yet to have a losing trade.....

don't let anyone distract you.......h
  • #34
  • Aug 28, 2011 1:58pm Aug 28, 2011 1:58pm
Hay...seed

Hows every thing in Hayseedville? Are you keeping the cattle feed?



Quote
i am running an improved version of that now.... it's coded to never short the dollar or buy the swiss franc or yen....... still, even hamstrung by those additional rules, it has yet to have a losing trade.....



Interesting, how many winning trades have you made veres the time period?



I've been off the forum for the past 6 months been hard at work. Made many improvements. May posts some of my older work that I no long use.


Keit
Trader Keit ... Methods Of A Dirt Road Mad Man....
  • #35
  • Aug 28, 2011 6:13pm Aug 28, 2011 6:13pm
hey cc..... got rid of the cows when i discovered a faster way to lose money..... ya know, forex......


Interesting, how many winning trades have you made veres the time period?

prior to this month there is almost no way to tell.... most of my accounts are running many ea's placing thousands of trades.... sorting out the 451's trades would be tough.....

by coincidence, i opened a new account that will only run 451..... the starting balance was 100$..... so original lost size was scraping the bottom of the barrel..... first trade was on 8/1/2011....

i've added a thousand a week and will continue till it does..... once the balance is appropriate, i'll move up to the big time pro traders lot size, 0.1 mini lots.......

this should slowly crank the average win $ value higher..... but it will take some time to overcome the 0.01 trades......

my estimations is 200 trades this month, increasing 10% each month thereafter to a max of around 400..... average length on negative swap trades should be less than 72 hours..... average trade length on positive swap trades is unknown.....

current stats below..... the drawdowns show 0.00 due to no losses.... of course there are times when the current profit is negative......

//---
//---

cows are gone but still got plenty of chickens...... had to get rid of the rooster though, never could get him wake me up at 3 am for the londen open......h

//---
//---
Attached Image (click to enlarge)
Click to Enlarge Name: cc.png Size: 23 KB
to trade and code, keep both simple... no call to impress....h
  • #36
  • Aug 28, 2011 8:24pm Aug 28, 2011 8:24pm
h... I get exactly what you are saying by visualize the angles and agree completely with what you have been saying (I'm just not good with the math). In my mind it is very clear. Unfortuantely there doesn't seem to be anyone else out there that does too and who can/will help.

Your rooster comment:
  • #37
  • Edited 6:47am Aug 29, 2011 6:19am | Edited 6:47am
Hay....



Hope you have that system fully automated.... cause your index finger will be wore out in no time. I have a little trade partner that I use to make trades for me on my scalping system. Hes real good and consistent at placing trades. Heres a pic of him in action.




ya, I was forced by the county courts to get rid of my sheep. It seems my nabor reported me to the cops when he saw me helping her over the fence one day. They told me I was de-ranged... so will have to stay in the city for a while...




Keit



Quoting hayseed
hey cc..... got rid of the cows when i discovered a faster way to lose money..... ya know, forex......


Interesting, how many winning trades have you made veres the time period?

prior to this month there is almost no way to tell.... most of my accounts are running many ea's placing thousands of trades.... sorting out the 451's trades would be tough.....

by coincidence, i opened a new account that will only run 451..... the starting balance was 100$..... so original lost size was scraping the bottom of the barrel..... first trade was...
Attached Image
Trader Keit ... Methods Of A Dirt Road Mad Man....
  • #38
  • Aug 29, 2011 8:34am Aug 29, 2011 8:34am
Interestingly (not to re-ignite a debate) I just spoke to an AutoCAD friend of mine who agreed completely with you Hayseed on the angles. In fact he gave a great example:


[9:07:46 AM] angle doesn't change.. perspective does
[9:08:07 AM] just like looking at railroad tracks
[9:08:41 AM] if you look from a perpendicular angle above them they are parallel... but if you stand between them and look at them they seem to intersect.
  • #39
  • Oct 16, 2018 3:03pm Oct 16, 2018 3:03pm
some more work done in this region would be welcome.. we need some coders
It's in fear when people show what they truly value.
  • #40
  • Oct 21, 2018 6:58am Oct 21, 2018 6:58am
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Attached Image
Attached File(s)
File Type: ex4 EMAAngleXperimentsOnALazySunday.ex4   197 KB | 2,059 downloads
Vucking good EA coder... https://t.ly/AZjRM
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