Indicators development for T101's not very simple method

YES!!! THIS is what I'm talking about! I love it!

Guys, if you need help implementing what you are wanting to test, just let me know.

For all, I added a 10 EMA in my version of the EA. I will go through steps I took.

I changed STF and TTF at top of EA:
extern int TTF = 15;
extern int STF = 5;

Added input to use EMA, set it to true, and also set use20LWMA to false:
extern bool Use10EMAmtf = True;

Added section under Variable Begin section (Edit: and replaced LWMA which was wrong):

else if(!UseVQ7 && !UseVQzz && !UseHASmtf && !UseRHT3 && Use20LWMAmtf && !Use10EMAmtf) {
IndicatorUsed = "20LWMAmtf";
double TTFLWMA1 = iMA(NULL,STF,(20*(TTF/STF)),0,MODE_LWMA,PRICE_WEIGHTED, Current + 1);
double TTFLWMA = iMA(NULL,STF,(20*(TTF/STF)),0,MODE_LWMA,PRICE_WEIGHTED, Current + 0);
double STFLWMA1 = iMA(NULL,STF,(20*(STF/STF)),0,MODE_LWMA,PRICE_WEIGHTED, Current + 1);
double STFLWMA = iMA(NULL,STF,(20*(STF/STF)),0,MODE_LWMA,PRICE_WEIGHTED, Current + 0);
if(TTFLWMA > TTFLWMA1 && STFLWMA > STFLWMA1) { Trend = "UP"; TrendColor = ColorUp; }
else if(TTFLWMA < TTFLWMA1 && STFLWMA < STFLWMA1) { Trend = "DOWN"; TrendColor = ColorDown; }
else { Trend = "FLAT"; TrendColor = ColorNeutral; }
} else if(!UseVQ7 && !UseVQzz && !UseHASmtf && !UseRHT3 && !Use20LWMAmtf && Use10EMAmtf) {
IndicatorUsed = "10EMAmtf";
double TTFEMA1 = iMA(NULL,STF,(10*(TTF/STF)),0,MODE_EMA,PRICE_MEDIAN, Current + 1);
double TTFEMA = iMA(NULL,STF,(10*(TTF/STF)),0,MODE_EMA,PRICE_MEDIAN, Current + 0);
double STFEMA1 = iMA(NULL,STF,(10*(STF/STF)),0,MODE_EMA,PRICE_MEDIAN, Current + 1);
double STFEMA = iMA(NULL,STF,(10*(STF/STF)),0,MODE_EMA,PRICE_MEDIAN, Current + 0);
if(TTFEMA > TTFEMA1 && STFEMA > STFEMA1) { Trend = "UP"; TrendColor = ColorUp; }
else if(TTFEMA < TTFEMA1 && STFEMA < STFEMA1) { Trend = "DOWN"; TrendColor = ColorDown; }
else { Trend = "FLAT"; TrendColor = ColorNeutral; }
}

That's it. (Edit: This also fixes LWMA whicg was incorrect, but code above is correct i think) In MetaEditor, that's all you'd have to change, then save as new name, with today's date, the author's name of the change, and hit F5 to Compile a .ex4 that is seen and used by MetaTrader 4. You can use any internal function such as iMA, iMACD, iRSI, iStochastic, etc, in the above example ...

But this setup I first tested starting on 18th with WaitForBarClose as False. It took way to many trades and took $500 from $5000 demo. Set it back to default WaitForBarClose as True, and the account is back at break-even this morning. That's a good sign, without any TP, BE, etc. put in. Only using Semafor 3 as SL and not 1 or 2, risking only 2% per trade, the MM looks like it will make this a winner. So only improvement from here on this one. But because I am prone to system-jumping, which is not profitable, I will just not do anything else right now (because I see a profitable setup, I NEED to leave it alone to actually run and TEST), chill, watch some movies, and let the EA trade on demo to see if it continues in profitability.

Even though I've given instructions to entice those of you that don't code to actually look at some code, because it's made simple as possible for you (and how cool is it to make something happen? Feels good don't it? Few changes, and it's a new EA), if you still want me to post an EA with this change, I can do so.

Kind regards,

Don

BTW, although we talked about the things in variable section of EA is locally defined and not meant to be seen by rest of EA, that really is not true. With this EA, the shell I used to make it, the way it is laid out, these local variable can be seen by exit and entry conditions sections (below variables section).

So for instance, where rswamy mentioned using M5 Heiken Ashi, there is open and close. only two buffers (lines/arrows) we need to deal with. If rswamy wants to test this, rswamy can simply define M5 Heiken Ashi Close (in uptrend, top of HAS is Close, in downtrend, bottom of HAS is Close) or Open, and in exit buy and exit sell conditions (below variables), set BE when Bid is above/below these lines, whether in buy or sell.

Rename, compile, new EA to test.

If you need me to do it, rswamy, I don't mind. Sometimes though, it's just as fast to teach than make the change, then that allows testers to learn and make needed changes. Result: More coders (even if amateur - we all started with simple stuff), more testers, more genuine ingenuity


Kind regards,

Don

Certainly looks like you are onto a winner there.
When the Sl, BE, TP, and Ts are fine tuned, it should keep locking in small profits and renter if criteria are still valid.
Made very similar mods and it looks promising, but have been closing manually when price appears to stall.
else if(!UseVQ7 && !UseVQzz && !UseHASmtf && !UseRHT3 && !Use20LWMAmtf &&Use21SMMA)
{
IndicatorUsed = "Use21SMMA";
double SMMA1 = iMA(NULL,0,(21/**(TTF/STF)*/),0,MODE_SMMA,PRICE_WEIGHTED, Current + 1);//Trend Direction
double SMMA = iMA(NULL,0,(21/**(TTF/STF)*/),0,MODE_SMMA,PRICE_WEIGHTED, Current + 0);//Trend Direction
double LWMA5 = iMA(NULL,0,(5/**(TTF/STF)*/),0,MODE_LWMA,PRICE_TYPICAL, Current + 0);//Trade Trigger
double LWMA5P = iMA(NULL,0,(5/**(TTF/STF)*/),0,MODE_LWMA,PRICE_TYPICAL, Current + 1);//Trade Trigger
double ENV24UP = iEnvelopes(NULL,0,(24/**(TTF/STF)*/),MODE_SMMA,0,PRICE_WEIGHTED,.3,0, Current + 0);//Envelope filter
double ENV24LW = iEnvelopes(NULL,0,(24/**(TTF/STF)*/),MODE_SMMA,0,PRICE_WEIGHTED,.3,1, Current + 1);//Envelope filter

if((SMMA < SMMA1&&LWMA5P<ENV24LW&&LWMA5>LWMA5P)/*Revrsal Entry*/||(SMMA > SMMA1/*upTrend Entry*/&&LWMA5P<SMMA&&LWMA5>LWMA5P))
{ Trend = "UP"; TrendColor = ColorUp; }
else if((SMMA > SMMA1&&LWMA5P>ENV24UP&&LWMA5<LWMA5P)/*Revrsal Entry*/||(SMMA < SMMA1/*DnTrend Entry*/&&LWMA5P>SMMA&&LWMA5<LWMA5P))
{ Trend = "DOWN"; TrendColor = ColorDown; }
else { Trend = "FLAT"; TrendColor = ColorNeutral; }
}
EP

Don: Good evening!

Thank you for your advice proposed on M5 Heiken Ashi based open& close based modification.

Since I came to know your work on this tread, seriously considering learning the basics of the coding. Though, at this stage, Iam totally blank of the coding.
Jumping from biochemistry to coding arena is totally different world to me and difficult grasp at once. Eventually, will learn it.

Kindly post your 10EMA modified version template, if possible, benefit many of us. Don, I would be grateful to you.

I know you have already given so much to all of us in this forum, still I am keeping on asking you. Thank you!
Sincerely,
rswamy

Steve,

Actually, I made not only the indicators that don't need and were before offline charts, and are closest to Julius' IA and adds upon it, I gave an EA of Kos' first T101 strategies over a year and a half ago. That EA didn't use and doesn't need offline charts. this was before offline charts came to the thread. In fact, the "shell" I use for any basket EAs ends with 06-09-10e uploaded by Robert, who fixed trading functions in the EA, as well as added LSMA to basket EA (which I've also added to single-pair EA update I haven't uploaded).

To all:
I've only went to back to single pair because I don't have enough money to trade the basket (in fact I don't have enough money to pay my bills, let alone trade). Once I get money enough to trade basket, I'll turn whatever successful strategy we have at the time into basket EA. If I have to build my trading capital on my own, the longer it will take. I'm been here coding for you all on an open-source basis this whole time. On that basis, donations are acceptable, and support is charged for, although software is not. So since donations have not been forthcoming, and no one wants to pay for support, then I guess I'll talk to you all later, after I build my capital for baskets. Anyone want to help me financially so I can continue to help you, let me know. This is why open-source takes a long time, and sometimes stops in middle of development, and why corporations continue to control. People don't mind paying money to a corporations, but to an individual developer like myself, they think I spend days, hours, months, years, and can do it all for free. Well, I can't any longer. I've given about as much as I care to right now

Note: The profit-locking numbers on Kos' latest uploaded EA (if it was for basket) should have latest profit-locking numbers, which is a automated combination of mico and mini lot profit-locking number Julius' came up with and shared. I don't use them though, so I don't pay attention to that nowadays, I'd rather let price action kick me out.

Kind regards,

Don

I'll try to help out with some testing of your EAs next week.

Keep up the good work!

Then I may upload updated/corrected EA to test. Going to rest for now.

Kind regards,

Don

Don: Hi!

I just sent a private message. Thanks!

rswamy

Sent you one back

Thank you

Kind regards,

Don

Don: hi!
I did not get any of your message.

This time sent you my email address.
Regards,
rswamy

Just a little update on my test results with Don's EA's:

I have been testing 4: The VQzz, The Kos 1/15 and 5/240 and the HASmtf 15/240.

So far the winner is the VQzz which has increased the account by nearly 7% running on EU since 10/18.

Anyone else have some results?

GG

Hi Telac,

You tested the VQzz on which timeframe?

I tested VQzz for the same duration as yours and account went up 30% but then slowly it returned the profits back to the market.

I think its best if you trade manually with VQzz.

At least that's what I do now.

Here is a (hopefully) fixed version to test.

It can be changed to trade differently than it does, but at this point, I'm only using:
VQ7 lines, with choice to use arrows instead.
VQzz lines (set as default indicator, since people have given feedback on it)
RK-ml-HAMA T3 new - mtf & alert looks to redraw past, but I kept it in for testing. Uses lines by default, but would like arrows tested more than I want lines tested.

As always, WaitForBarClose should both tested both true and false to see different results.

As before, risk is locked in at 2% per trade, using my equation to get lots:
(account balance x ((risk percent)x 0.01)) / (stoploss in pips x pip value per lot)

Stoploss is distance between last bottom Semafor 3 and ask in buy, or last top Semafor 3 and bid in sell.

This MM in itself should increase profitability because if the buy or sell signal is far away from Semafor 3, then lots will be lower, risking less on trades that maybe shouldn't have been taken altogether. This also makes the user never have to think about how much to trade. It's automatic. The strategies are automatically traded.

I have even more updated EAs and indicators I'm giving to the few who have donated or do donate to me personally via PayPal. Hopefully they will appreciate the extras I have for them. This is all I can do to set apart the few who give, and the ones that don't (and I really need the money, so..). This way, if someone wants to donate, but doesn't have the money, they should be able to use the freely posted versions of my EAs, etc. that has come for years up until now. Then they can donate if they want, and get more. If not, there is still plenty here to bless anyone in this one EA here.

This way, I hopefully will get more than the six donors I've had over the last year since I started asking If not, I'll be OK with a small group of donors who have helped me in hard times (which I'm still experiencing). Maybe more will want to join us. If I wasn't in the financial shape I'm in, I would not do this. But I am sure I have left enough for someone to prosper with, and I feel good about that.

TheLordsEA_102411_CodedbyDon.mq4

Kind regards,

Don

Sorry I forgot to mention the time frame: It was 15/240. This one is still doing ok - better than the others.

Hello Guys...

I am looking for an EA which perform buy @ the open of the Candle when the previous bar of the Candle is Bull or Vice Versa

Regards,
fxolive

Hi Ari,
Your indicator is very good. Please write if it is the only version of this indicator? I was looking for something like that.
The possibility to memorize the chart, or the possibility to work on historical data (the seizure of items from the retroactive date) would be very useful.
With best Regards

for me I dont know of others, it may not be easier than this.

last 2 days were choppy kind of but they say its bail out or whatever they call it all I know is that I was already in.

and behold pips rain in thousands just VQ7 nothing else 15min-1hr

kos

Kos,

A few questions, if you don't mind. Was this your EA trading or manual trading? When you say VQ and nothing else, do you mean you take every red/green change on the VQ, no matter what or are you filtering (even mentally) the entries at all?

Gila

there are other basket indicators like this, that need no offline chart. I made a couple over a year and a half ago. Search the thread.

Kos,

Thank you for giving feedback. Congrats on your gains! I hope you understand I'm trying to help, just am not doing too well right now in multiple areas, so have no choice but to basically take time off.

I appreciate your input. Hopefully you can/will tell us what is different in your personal EA vs last EA I gave which allows usage of VQ7 (and VQzz).

BTW, for CPU usage, this last week I built into my personal AllPairSort indicator HASmtf, VQ7, and VQzz, all used the same. VQ7 made my 2008 Macbook Pro (aka FrankenMac because of the damage it's suffered at my hands, including me literally ripping it's head off with my bare hands, so that it must have an external monitor, and is still going strong) - well, VQ7 applied to both 1/15 and 15/240, with combos drawn as an arrow, on 27 pairs simultaneously, made my CPU go to above 99% and stay there.

Testing VQzz, even using iCustom same as with VQ7, kept CPU at around 15%. HUGE DIFFERENCE. Difference between usable and unusable. So looking forward to the time we use baskets again, I would recommend VQzz. It's obvious that coding makes a difference, even when using iCustom and not going the next step zznbrm would take, which is not using iCustom and building VQzz into EA. But even using iCustom with VQzz, we can do single or basket. Not so with VQ7 IMHO, from my testing. So my hat goes off to zznbrm for giving us an indicator that gives us same signals as VQ7, but with MUCH better CPU usage. Great, efficient coding obviously! As they say, the proof is in the pudding (or in this case, CPU usage). So I am not using VQ7 in my indicator right now (it's turned to false not to use it), and am using HASmtf and VQzz together side-by-side (where it was impossible to use VQ7 alone, certainly couldn't have used HASmtf and VQ7 together).

Kind regards,

Don