Indicators development for T101's not very simple method

Another good example is NANINGBOB thread that has started since 2008 and has grown from V1 to V10 now with more than 4 big threads. and you know what He keeps adding and reducing the the indies and it keeps getting better every year, all this he gave free, since 2008.

steve hopwood is a glowing example of selfless giver, some coders would only give ex4 but he gives mq4 and even created an EA template a one-size-fits-all shell. His MPTM ea beats the commercial ones hands down all for free without even asking for thank U from the users.

You ask on the tech forum for EA and codemeister would throw it out at you easily without even looking back.

Hayseed, Macman, ZZnbrm, geof97, everybody in FF is a selfless giver, these are ppl who have in one way or the other extended their generosity to me and other ppl in FF without casting aspersion on us.

kos

The top pics pair where there is a big red box with a green inside it where the pa is just about to bounce off the HAS and then dive bombs. That is where I did a buy and got killed. My SL didn't hold up


MY SL is actually 1200 (5 digit broker) I went back to 560. If I have a loss need 2 wins to make up for it that RR sucks

I will study up some more thanks

I have also follow nanbob and like the V10.00 daily to see a trend range or counter very interesting

There are two reasons why an EA could possibly take that long to "become workable":

1) Incomplete system requirements
2) Bug-ridden code

With that out of the way...

I do not code many EAs for other people. Why? Because usually the strategies are not profitable, the requirements are incomplete and non-specific, dealing with different brokers/Time Zones is painful, and I prefer to spend as much "free time" with my family as possible.

So...for kosomolate's strategy:

1) Has anyone been trading this strategy on a live account and has shown a profit? If so, for how long and how much profit (%)?

If the answer to #1 is NO, then sorry, I am not your guy.

2) What are the specifications for this profitable strategy? Trading Forex is a business and it needs to be treated as such. In the business world, system developers deal with very specific and detailed requirements. There is no reason why this should be any different.

Again, if no one can provide detailed strategy specifications, then I am not your guy.

I am not some piano teacher who writes code as a side project. I am a professional programmer. You guys are looking for an EA to be used on a live account. This is the BIG TIME. You cannot half-ass EAs and then try to run them on live accounts - you will get slaughtered!

I am not being mean here...I am being honest and treating the forex market and automated trading with the respect it deserves.

If someone can provide proof that the system is profitable (#1 above) and detail strategy specifications (#2 above), then I will code an EA for it.

Otherwise, there are plenty of others on this Forum (and this thread) that will do it for you.

Thanks...zznbrm

charvo,

I have no interest in fixing it. I've lost my life savings, have less than $100 in each of my trading accounts, and it looks like I will be back on unemployment pretty soon. Shouldn't have gotten off of it to begin with, even though I liquidated my retirement. Oh well, I have basically not much to lose and am at the point again I don't care if I have to walk out the door of my home leaving the door wide open. I'll take care of my wife and myself with the little cash we have left before I make another house note or credit card payement. If I would have known this is what it would come to, I would have just, well, I won't go there. Unemployment didn't pay the bills before I liquidated my retirement. Now I don't even have that to look forward to.

SO why don't you relax charvo? I'm tired of being told to relax, take it easy, etc., from people who are not in my boat. If I COULD relax DON'T YOU THINK I WOULD!?


Kos,

Frankly I will say you are not worth my time. zznbrm said it best and is the exact reason why you don't have the dang EA. How many times have I coded an EA for you? Do you care I spent hours and hours? Does anybody here? No. How many gave feedback? Instead how many threw their own ideas at me, overwhelming me and confusing me? So thank you for wasting my time. I think zznbrm is wrong about one thing, and that is that there are plenty of coders willing to give freely their work here on this thread. Count the contributions that were worth a crap in all these pages, then come back to me and tell me what I've done ain't as far as code ain't worth pissing on. You don't include me in the list of real coders, you ignore me while saying you've tried working with me, so I won't include you in the list of people deserving my respect. Forget it. You think you are so holier than thou it makes me sick. You won't even respond to anything I say, and I'm not supposed to get upset? Like I've done NOTHING for you or anyone here. Well, I'll tell you one thing, because of you and you alone, I will not do anything here again. Good riddance. I'm sure you feel the same about me, but keep on acting like it's all my fault. I'm sure most of the suckers will buy it.

Don

Having read this thread recently from front to back I would like to thank all of the contributors for their time and efforts. I have been trading live on the 1-15 TF successfully for a couple of weeks now. Just trading .02 until I have more time with it.

That being said, the animosity being displayed recently is not doing anyone any good. I am sorry that you are in a tough place Don. However, there are risks to trading and you knew that going in. Your financial situation likely contributed to your losses because you were not thinking clearly and desperate to earn a living trading. Scared money never wins. Asking for financial assistance after losing your money trading is not a solution.

Instead, why not utilize your skills in coding to earn some money? Make a template questionnaire for people to fill out that want some coding done. Offer your services for a fee. There are sites where MT4 coders do this. Charge the going rate. Do not embark on anyone's project until they have written out their requirements to your satisfaction. Complete the job to spec. Once it is done, give them a set time to demo the program to ensure it meets the spec. If they change the spec after and want something added etc. then they pay for that as well.

What has occurred is in the past. Don't waste your time and energy dwelling on it. You are only hurting yourself with negative energy. Take responsibility for your situation, then take steps to change your situation. You have options.

Just my .02

One guy earlier in this post mentioned experimenting using NB V10.0 on Offline Basket. This is interesting.

Edd

I am using NBv10 1 hr counter trend trades on 12 pairs in addition to this basket method. They tend to work well together. When the 1 hr CT trades go into draw down, this method is making pips. The only caveat is that it is very resource intensive. I trade the 1-15 from this method.

show some pics of setups and entries
please

Ok. I will work on that on the weekend. But, it is hard for me to do as I run a lot of my charting on my mac pro with 6 screens. Not sure how to capture that yet.

For the 1 hr NB range trade:

I just started doing that. My plan is to take the lowest % two week volatility 10-12 pairs and run them on that. I trade .01 per 1000 in equity in the account. One account I have double that leverage, but it is my small tester account .

As I am doing that I trade the 1-15 set up from this thread. I do NOT trade the signal that changes direction. I trade the first test of the 15m HAS. I find this gives a better entry. I have a SL of $54 per .01 and I close the trade when it changes color.....UNLESS the HAS is flat. Then I give it a bit more breathing room. I end up with a lot of small losses <20 but the gains are big. I use MPTM to manage the trades. I also tend to take quick profits on this system when it is against the 1hr HAS. That is my guideline. If I am in the same direction of the 1 hr HAS I give it room if there has been no driving eco numbers. I have found the easiest way to play the retest entry of the HAS is during the non hours of financial releases. 10 pm EST to 1 am EST and 10 am est to 230 est have been golden. Trading this basket during the highest volatility times has been the worst trades in my account. Let the market set its direction and play the pullback. Is it 100%.....of course not. But the R:R is much better or so I have found.

NOTE: I have only been doing the T101 system for a couple of weeks. I do not look at the market until at least 6am EST. If there is a set up I play it, but I get out before any important numbers in the US morning. Then I let the market settle and play again.

To capture pics
in mt4
go to \file save as picture \active chart (as is)
this creates a gif file that you can post or edit with paint program

Sounds interesting what you are doing...... I have gotten in trouble in those times that you stay out of. I thought the 14 pair basket would have some stability but like yesterday I watched PA go from +130 to -330 in 2-3 min. at times

But right now these markets are in new territories

I had a goofy week hit my goal 1st trade Mon....Do I stop? No!

I run my account down and fignt back all week to get back to my weekly goal . . . little bit stressful

What did I learn STOP WHEN REACH GOAL THEN demo pratice trade

guys let me give a humble opinion on the basket.

the orginal method dont work anymore because brokers countered it. that is for single swap method orginally made by julius.

as in the open 12 buys and 2 sells or 12 sells and 2 buys.

this is bogus in the context that depending on where you open it.

if you have a small move you will see only a few currencies will go down others go up. only when there is a big move either up or down then 12 buys and 2 sells rule or the 12 sells and 2 buys rule will work. however how do you know this?

best way is whatever strategy you use lets say you use the heiniken asahi smoothed. if it gives the blue color on the offline chart. and you want to do a buy then invidually check what color the heiniken ashai is for every single pair. then open buys or sell according to that. this will maximise your profits direct. and it much safer then just open 12 buys and 2 sells or 12 sells and 2 buys.

i checked this before using orcrest indicator V.1.16 ADX . you can see it your self when a signal is given either red or blue. if you would open them on 12 buys and 2 sells and 12 sells and 2 buys and you will see that lot of times you dont go into profit. has nothing to do with the signal. itis correct. however as you can see on the screen yourself. not all pairs are lined up for 12 buys and 2 sells or visa versa. most of the time you see like 8 or 9 buys and then 5 or 6 sells.

as long this part of whatever strategy you use is not implanted i dont think any EA based on this method will be succesful.

also the best trading times are between opening of GErman market and closing of german market. this way you already take out a lot of whipsaw.

goodluck and have a nice weekend and wish everyone many pips!

Trade4fun,

That was a great post. Thanks. I think we have to take a step back and look at this with the kind of 10,000 ft view that you posted. Granted, it means we can't open the baskets with a script, but the extra minute or two of work is worth the better results.

As for coding this, the reason I posted the screen shot with the Color Stochastic is I thought it could help quantify the pullbacks. You can see that the turning point in the stochastics, at the higher and lower levels, correspond for the most part with the pullbacks and resumption of the trend.

Gila

Hi Gang,
Since I just started doing BTS, I thought I should investigate pair correlations. Has anybody already rubbed this type of info against our 14 basket?? Does anybody have a web site with up to date correlation data??

http://www.forexhit.com/analyze-fore...relations.html

trade4fun,

Then why not just use a single-currency EA and put it on multiple pairs? EA I gave with 28th date does this. If it has problems anyone could download a new shell from place I said I get my shell, and copy and paste in what's relevant. Doesn't take much time. I just won't do it because traders rule here and coders are second-class citizens.

panamamike,

Panama mike. Panama. Must be a nice place to be to judge me from. I once was recognized to be in the top 1/2 of 1% of college students nationally, but here I'm basically considered a waste of words and code. Why don't I sell my code? Maybe I should. Maybe I also should have never given here. Then you all never would have thought of the buyall indictor I thought of and made and gave, the code to make the offline charts came from that code, so you wouldn't have that, etc. I actually thought there were more giving people. All this experience has done for me has shown me the apathy that exists. The kind that can walk by a person beaten and left for dead on the street, but try not to walk too close, so as not to interrupt the person bleeding to death.

Kos,

I was wrong for saying screw you. I felt it. I said it. Doesn't make me right. I've asked and received forgiveness from God. All I am is all I ever was since I met Jesus - a sinner saved by grace not by works, for works condemn us all.

But you are wrong and I will not apologize for saying that. Anybody can have an idea. In fact, coders are inundated with them. I myself have coded hundreds of them (and can you believe most of them worked like the rules said, even you said the basket worked by your rules after Robert fixed the basket tradinh functions, until you changed the rules). I've worked with many people and do know how development goes, but until you, I never felt like I was "expected" to fulfill requests (why? because most people were cool with whatever I did for them because I didn't charge).

You said there's plenty of coders to code this EA, been saying that same old thing awhile now, while you want to throw away me and my code (which is 95+% awesome, with little kinks obviously, but hey since you don't know anything about code, you wouldn't know that would you?). What do you want to do? Throw the baby out with the bathwater. Treat me and my code like rubbish. I've been waiting a long time Kos, and no coder has done what you said. None has stepped forth, just like I knew would happen. But you still keep saying the same thing. Therefore I think maybe you need to wake up and realize you've pushed away probaly the one and only coders that gave you the time of day on this thread. Congratulations! Look at this thread and tell me I'm wrong. Factually, it doesn't matter if you reply or not. I know the truth.

BTW, panamamike, I started giving years ago, I started asking for donations in November, and not until this year just months ago did I pull out my retirement and lose it about $8,000 trading, while living on the rest. So the order of events you need to get straight. As for me being here or trading, I have no money, don't care what you have to say about it, but let's just say baskets are no longer possible for me. Did I blame you or anybody here for me losing my money? I don't think I ever did. So again, please get your facts straight.

I'm outta here.

Ya'll have fun doing nothing but talking (which is what you all did before I came, except for Orest, for he actually not only started this DEVELOPMENT thread, he developed)

Don

Here is one website with correlations:

http://www.forexticket.co.uk/en/tools/01-01-correlation

hi Don,

how did you lose 8000 dollars trading? which strategy did you use? and did you trade manual or use an EA?

using heiniken asashi smoothed as single pair strategy will not work if using heinikin ashashi only. the indicator lags so without any other indicator it wont go well.

howver using it for a trend on the offline chart aint a bad idea. just dont open all trades at once like 12 buys and 2 sells. that is the only thing i wanted to explain here. that it just does not make any sence to do that based on a heiniken asashi indicator.

also why are coders second rate citizens? i coded some stuff add it in the forum and because of it made some great new friends. learned more coding etc. now my coding abilities are from yours or ZZ. but if i can do it i do it and add it on the forum. simple as that. if i could have coded something like you or Zz about this i would have done it and share here. it is just i am not that good yet.

but there should be a positive vibe around. if all is negative then nothing good will come from it.

specially in such a difficult task to make a profitable basket trading strategy.

goodluck everyone and hopefully you all have a great week trading next week!

BlackStack,
Thanks that site is better then mine.

what a monday!

at UK open, I sold at the RED circle and it turned and I used the close all script to discharge the sell and I waited for the blue circle and long there and it continued my way, adn at the second blue circle I added another 0.01 I was afraid LOL. now at the blue arrow 600 pips, and I dare do it with 0.05 today

I can't argue anymore, if anyone knows how to write codes that would take trade as I have done here at the circles do it and if not no problem. it is not be for my benefit alone but for every one that passes bye this thread some who would not even show there faces here.

after now I would be doing my trades quietly, most of the time they say picture speaks more than 1000 words but here its the reverse. You post pictures upon pictures, and label them, yet someone wants your tax receipt or account statement as a proof that it works, even when the chart is in front of all of us to see.

I prefer to teach a man to fish so that he can go to the river and fish for himself rather that putting a piece of fish in his mouth each time he is hungry.

I have other trading systems 1 without any indicator and the other very simple application of RSI coded by me from scratch and profitable at least for the past one and a half year. I am a coder by profession and I have many web apps online now to proof that and I have been involved for the past 14 years in many big programming projects. What ever zznbrm or Don is saying I know. No big difference between php codes and mq4 they are all variants of c which I write very well.

there is no need for acrimony between any of us here, I think the brokers are our common enemy that we should team up and siphon their accounts, so if in the course of doing my business I have crossed anyone, I am deeply very sorry.

kos

Kos, that was excellent trading. Most people (me included) would have gotten scared out at the second blue circle. I don't have access to MT4 where I am now, but later I want to see if the stochastics would have indicated the areas you got in.

They are not really needed, as you have shown, but to me they are like a "thumbs up" when you see an entry point.

hi coders

as I type that long post I went back to look at one of my EAs and this is what it has done, on EURGBP 1 min TF sorry I remove the EA from chart.

+90 pips of 3buys 5 sells all profit, within that period of my typing and labeling the picture. This is my code and my system, so if any one comes forward to do the BTS fine and if not still fine. But for anyone to think I am screwed without their EA's is a big mistake.

kos