Indicators development for T101's not very simple method | Page 235 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Simple System By T101 - My Thought 18 replies

Continuation of T101 method discussions 24 replies

My first attempt at T101's basket method... 2 replies

Attachments: Indicators development for T101's not very simple method
Exit Attachments

Indicators development for T101's not very simple method

  • #4,681
  • Oct 29, 2011 10:59am Oct 29, 2011 10:59am
Quoting gilab
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
Sir,
its the EA trading VQ only no filter either mental or physical, look at the comments in the big red box.

the day you master your fears is the day you become free in this game. my lot sizes are proportionally small and so my losses cos of my choice of TF and when the trend-run eventually comes, its big wiping out all small loses and leaving me something to take care of the bills.

This I have repeated many times but I will not be tired until it becomes our habit here, and am not going to start any thread or chat room, I joined here and here I remain, let no one PM me again to start such things, I dont have what it takes to support it, (time).

The best filter I know of is trading in the direction of higher TF. I spent months seriously looking for filters that would save me from bad trades but that same "filter" that spares me the bad trade would still spare me from being in the profitable runs, so I came to the realization that its a waste of time and effort. Get an indi that can show you what direction you have in the upper TF and join that direction earlier from the small TF.

If you must FILTER then overlay 2 VQ or HASmtf on the chart and take only the trades in the direction of the higher TF

I hope someone would take this my ranting seriously and just try to define what his/her fear is and take determined steps towards TAMING it, then the rest just falls into place


kos
Attached Image (click to enlarge)
Click to Enlarge Name: gilab.png Size: 59 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #4,682
  • Oct 29, 2011 11:14am Oct 29, 2011 11:14am
Quoting disbellj
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...

Don,

Yes, you are helping. Let me attempt the differences between the two EAs. the one I use is meant for HAS but I edited it for VQ7 but the one you posted last can trade base on the choice of the user. it has VQzz, VQ7, HAS, and the weighted MA all in one so a user can make his choice just by applying the template of his choice. Hope am correct.

As for VQzz, yes its incredibly light and this is because Zznbrm has shed a lot of unnecessary things from it. VQ7 is very heavy on the CPU usage. 10000 bars lookback or so and that is why I kept it just on few chart.

I thought ZZnbrm would complete the work by giving us an EA that has VQzz embeded in it, but since he is not predisposed to do so, maybe I will use icustom too to use it on the EA. at least he has helped in cutting the load down on our resources usage.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,683
  • Oct 29, 2011 12:27pm Oct 29, 2011 12:27pm
Quoting Kosomolate
I thought ZZnbrm would complete the work by giving us an EA that has VQzz embeded in it, but since he is not predisposed to do so, maybe I will use icustom too to use it on the EA.
There are already (at least) 3 EAs that trade using the VQ indicators (disbellj, jmw1970, and Kosomolate).

Why would I post a 4th EA when any of those 3 will suffice?
  • #4,684
  • Oct 29, 2011 8:43pm Oct 29, 2011 8:43pm
I now submit maybe the last EA needed for any of us. The main reason I do this, is because the more people trade this, the MORE profitable we all are, not less Plus, I can always tweak this and make it different if need be... and so can any of you

This EA trades just as Kos explained. I set EachTickMode to True, because I want to trade when I get the signal, and don't (at this time) wait for bar to close before entering or exiting trade. TFs are set to 15/60 (which my long-ago mentor used, so see this as good). If scalping, will exit trade when TTF or STF change trend. If not scalping, will reverse when both TTF and STF change trend. Simple as can be from what I see. BTW, Kos didn't mention BE code, so it's removed, but I can add back in if needed when not scalping (since the BE code I was going to use is when STF changes trend, but I now use that as exit when scalping... of course a Semafor showing up could be used to set BE... just let me know .

NOTE: Don't be afraid to open .mq4 in MetaEditor and AT LEAST take a look. You can't mess anything up if you don't change anything, or close without saving if you do make changes accidentally. The code is set up to be understood by laymen as best as I could do - well, maybe could have commented more, but it's straightforward, and just looking at code will teach someone how to use iCustom, which is most likely the only you may ever want to change anyways

Kind regards,

Don

P.S. Any and all donations are gladly accepted. If you find this EA to make you money, please consider private messaging me to find out how to donate.


Quoting zznbrm
There are already (at least) 3 EAs that trade using the VQ indicators (disbellj, jmw1970, and Kosomolate).

Why would I post a 4th EA when any of those 3 will suffice?
Attached File(s)
File Type: mq4 TheLordsEA_102911_VQzz_OR_HASmtf_CodedbyDon.mq4   25 KB | 661 downloads
  • #4,685
  • Oct 29, 2011 11:04pm Oct 29, 2011 11:04pm
Quoting Kosomolate
the day you master your fears is the day you become free in this game. .......

The best filter I know of is trading in the direction of higher TF. .

........ take this my ranting seriously and just try to define what his/her fear is and take determined steps towards TAMING it, then the rest just falls into place
.
kos
Hi Kos,
Your "ranting" really needed to get the message to hit home.
Two real pearls of wisdom there. That sums up exactly the battle we are facing.
I notice you are using 14 pair basket and the 2 losses were CHf.
Seem to remember reading somewhere that the CHf was supposed to be traded opposite to the basket.
Wonder if someone could clarify.
Thanks,
EP
  • #4,686
  • Oct 30, 2011 7:13am Oct 30, 2011 7:13am
Quoting Kosomolate
Sir,

the day you master your fears is the day you become free in this game. my lot sizes are proportionally small and so my losses cos of my choice of TF and when the trend-run eventually comes, its big wiping out all small loses and leaving me something to take care of the bills.


I hope someone would take this my ranting seriously and just try to define what his/her fear is and take determined steps towards TAMING it, then the rest just falls into place


kos
Kos,

Thanks for your reply. My time for trading is limited and since I am following your method, i just wanted to clarify what you are doing. I don't think this is a fear issue but I'm afraid to ask my therapist about it.

I was just trying to clarify the screenshot you posted. It had VQ and VQzz and I was just wondering if you were taking ALL trades in the direction of the TTF, which looks like it would have had a substantial number of whipsaws.

In any case, thanks again for all you've contributed. Your way of trading feels right to me and I hope to have some time this week to test it. Many thanks also to Don who has made a major contribution to all of us. Don, I will send you a pm this week.

Gila
  • #4,687
  • Oct 30, 2011 7:50am Oct 30, 2011 7:50am
Kos Don ZZ
Thanks for all your contributions.
Have been still manual trading with MPTM taking over after I "pull the trigger" or using jmw1970 ea for stop orders

Have been demoing the various EA's Kos's seams the easiest to use. jmw1970's has the most whistles and bells

Hopefully in time and practice we will all be beating the criminals like Kos is
  • #4,688
  • Oct 30, 2011 8:08am Oct 30, 2011 8:08am
Many thanks guys. I just haven't gone to John's thread because if he's go something good over there going, I surely don't want to mess that up. Plus, I am here So , like Kos, plan on staying here, and hopefully we'll all benefit.

Having said that, I have implemented parts of MPTM in an EA for Kos before I think (or maybe someone else). It's doable, but could just use Semafor 3 and then bar with lower low or higher high to enter and exit. Just trade in direction of trend. I just haven't added this because we will get there if it's meant to be, but I'd like Kos and zz's valuable input to shine forth, so these are the two indicators used for trend and signals now. Just want it to be simple as sticking it on chart and it trading, and it does (all defaults are good)

Kind regards,

Don
  • #4,689
  • Oct 30, 2011 9:11am Oct 30, 2011 9:11am
Don
does your ea go on offline chart or regular chart also what TF
DC
  • #4,690
  • Oct 30, 2011 2:41pm Oct 30, 2011 2:41pm
dryclean,

The EA is for single-pair. The lowest spread is EURUSD, so I recommend it. Due to MM, you can make as much with single pair as with basket. Kos is trading a basket EA I believe, but has agreed that one can make as much with single pair. TFs by default are now 15/60 (subject to change).

When I get enough to trade basket, my plan is to implement what is in the final single-pair EA into a basket EA shell I've talked about often, probably removing profit-locking code in that EA because it won't be needed possibly by that time (not needed now).

I know the aim is a basket EA. But there are more baskets than T101 pairs we'll have to make accommodation for IMHO. And if a strategy is not profitable on a single pair, it won't be on a basket. IMHO.

I guess someone can show you how to get a basket EA that uses VQzz. I'm not sure. I plan on working on it, just not right now.

Kind regards,

Don


Quoting dryclean
Don
does your ea go on offline chart or regular chart also what TF
DC
  • #4,691
  • Oct 30, 2011 2:58pm Oct 30, 2011 2:58pm
Got it
thanks
  • #4,692
  • Oct 31, 2011 9:17am Oct 31, 2011 9:17am
The ea i last posted is opening and closing trades every second. This is obviously wrong. The ea is crap. Please go back to the ea before it and test that one.

Kind regards,

don
  • #4,693
  • Oct 31, 2011 11:31am Oct 31, 2011 11:31am
Quoting disbellj
The ea i last posted is opening and closing trades every second. This is obviously wrong. The ea is crap. Please go back to the ea before it and test that one.

Kind regards,

don
Hi Don,

I hate to dissapoint you but so far I have no problems with the EA. In fact I have some nice results happening on some time frames. Did a few weird ones like 5/30 with VQzz and its making ground so far on EU. The settup that is doing really nicely is 240/1440. I set this up on about 18 pairs with $1000 demo and as of now it's up 10%. Funny enough the stock setting of 15/60 is loosing the most - but that ones only on EU.

Looks to me that we just need to work on TP - it seems to get out of bad trades quite well as far as cutting losses short. Maybe we need to have a percent ATR/ADR based TP or even a fixed TP just to secure the pips, but then allow re-entry in the same direction on a pull-back if the trends are holding up. Anyway, nice results so far here Don - I may even set up some more funky time frames to test.

GG
  • #4,694
  • Oct 31, 2011 12:01pm Oct 31, 2011 12:01pm
Telac,

Not disappointing at all. In fact, the code looks right, but I'm getting trades opening one after the other. I actually feel better knowing that it's just a problem on my machine and not others.

Thank you.

Kind regards,

Don


Quoting Telac
Hi Don,

I hate to dissapoint you but so far I have no problems with the EA. In fact I have some nice results happening on some time frames. Did a few weird ones like 5/30 with VQzz and its making ground so far on EU. The settup that is doing really nicely is 240/1440. I set this up on about 18 pairs with $1000 demo and as of now it's up 10%. Funny enough the stock setting of 15/60 is loosing the most - but that ones only on EU.

Looks to me that we just need to work on TP - it seems to get out of bad trades quite well as far as cutting...
  • #4,695
  • Oct 31, 2011 1:31pm Oct 31, 2011 1:31pm
Quoting disbellj
Telac,

Not disappointing at all. In fact, the code looks right, but I'm getting trades opening one after the other. I actually feel better knowing that it's just a problem on my machine and not others.

Thank you.

Kind regards,

Don
Hi Don, sorry to have to report that I'm now getting the same thing. The bot ran all day just fine and suddenly within the last hour the MT4 instance that is running the multi pairs I mention before on the 240/1440 TF with VQzz started firing and closing trades on EUR/AUS....like over 100 of them. So sad cause it ate away all the profit it made all day Only demo though The other MT4 instances I have are each only running EUR/USD and so far have had no problems, still chugging along fine. Very strange!
  • #4,696
  • Oct 31, 2011 2:16pm Oct 31, 2011 2:16pm
I got the same
  • #4,697
  • Oct 31, 2011 2:34pm Oct 31, 2011 2:34pm
Don,

I used the latest EA and it started on Sunday night (on EU M15) and had several losing trades in a row and one winner. This morning it opened and closed one trade almost immediately. I then saw your post and took it off the account and changed to the one you posted before. I left everything default except I chose HAS MTF. It hasn't taken a trade all day and it looks like there should have been trades. Any idea why it isn't trading?

Gila
  • #4,698
  • Oct 31, 2011 2:41pm Oct 31, 2011 2:41pm
Here's a screenshot. It says the trend is flat, while it sure looks down to me. Does this help?
Attached Image (click to enlarge)
Click to Enlarge Name: don's ea 2011-10-31.jpg Size: 151 KB
  • #4,699
  • Edited 3:26pm Oct 31, 2011 3:15pm | Edited 3:26pm
Here's an update to test.

Made lookback number of bars to be 10000 instead of 500. Added comments for support and resistance. IMPORTANT: If ever support or resistance is ever 0 in comments, that would cause opens and closes if you have stoploss code such as we do in this EA.

Added comments for VQzz red and blue, or HASmtf open and close, and at this point, HASmtf TTF's reading looks incorrect for open in close (see comments on chart), although showing TTF trend as down. This is a problem I will look into, and would appreciate other coders looking into. It doesn't make sense to me the readings I'm getting, although the code looks correct to me. Please someone double-check it if you don't mind.

But this is the latest EA for testing and only one supported. With knowledge we have now, I would rather go forward and not back. Please test one template, the other, or both, and please give feedback.

Kind regards,

Don
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2011-10-31 at 3.25.31 PM.png Size: 99 KB
Click to Enlarge Name: Screen Shot 2011-10-31 at 3.25.49 PM.png Size: 98 KB
Attached File(s)
File Type: mq4 TheLordsEA_103111_VQzz_OR_HASmtf_CodedbyDon.mq4   26 KB | 679 downloads
File Type: tpl 103111_vqzzmtf.tpl   38 KB | 605 downloads
File Type: tpl 103111_hasmtf.tpl   39 KB | 575 downloads
  • #4,700
  • Oct 31, 2011 3:25pm Oct 31, 2011 3:25pm
I'll try it and let you know. I like that you put the date in the name of the EA. Helps to keep track.
8 traders viewing now