DislikedHello Trader.
I write my master thesis about algo trading.
And I try to figure out, If it’s necessary or not for a Property Trader (a trader how trade only with his own money) to use algo trading.
ThxIgnored
Where are you from ?
rgds
john
I have attached both charts and the indicators.
BTW, the live chart is MT4 Forex.com and demo MT4 is Interbank. I don't know if that should have any effect on the AMA Optimized indicator.
I dunno how you draw so much beautiful suns on your chart
Regarding your problem, the AMA is in fact the MESA Adaptive Moving Average. As far as I understand, MESA as SSA, they are block transform indicators. So, they repaint
your code of this indicator should be something like this :
(Could you give me a favor and send me MQ4 code to be sure what I am writing to you ? )
____________________________________
start()
{
while(i>=0)
{
Price[1]=((High[i]+Low[i])/2);
.......................................
___________________________________
===> Replace while(i>=0) by while(i>=1)
and your indicator won't replaint anymore.
Rgds
- #1,199
- Dec 30, 2011 6:11pm Dec 30, 2011 6:11pm
I just want to share some results. I tested a basic Ehlers cycle strategy to see if that basic cycle strategy can still work on the modern Forex market.
I tested a basic cycle strategy with a mod expert.
The results are. Do not trade cycles on EURUSD below 4 h time frame.
My recent results, although overall profitable, have been very erratic, and my methods have been discretionary.
Intuitively, I have been trading cycles, but without a clear system.
Usually this is on the 15M timeframe...
I watch price go up , say 25 pips over 8-10 bars, go back down 25 pips over the same amount of bars, place a long trade in anticipation that price will go back up, and seem to be right more often than not.
I would love to be able to systematize this idea. The last few days have been a whirlwind of research into Ehlers, this thread, and DSP in general.
Thankfully, I have access to an engineer (my dad
) who can help me understand the math.I do agree the markets are looking pretty chaotic these days but I still think that some cyclic analysis should be helpful to provide an edge when combined with other principles.
Admitedlly, this is just an opinion and I have not done the backtesting yet.
Right now, I'm looking into the trend vs cycle market modes that Ehlers postulates, and trying to determine the best way to apply this.
I guess I'm pretty much a newbie relative to those really knowledgable
in this thread, but I'm determined to make some progress. Even if I am not able to produce a profitable mechanical system, at the very least I
feel there is a good chance of creating a workable discretionary system
in the spirit of optimized trend (and rangebound?) trading.
Thought I would jump into the thread and hopefully make some new friends.
Cheers and best wishes for 2012!