Indicators development for T101's not very simple method

God Bless you in you endeavor.

Edd

Kos,

I'm sad to see you go.

Everyone else:

If no one gives feedback on the last single-pair EA I have given, then there will be no T101 EA made of this "strategy".

If Kos, the creator of the "strategy" won't even test the EA to make sure it's what he wants/trades, then what can we do but get off track? And why should I make a basket version when a single-pair version is not finished? It would make no sense.

Kos said something about $10 when he sets BE on the basket (100 pips). But never said a $ BE when trading single pair. And then there's lots and will that $ amount multiply with Lots? Questions here that would be needed answered BEFORE putting those rules in an EA.

But since it's taken for granted I should just know, and Kos didn't give BE rule for single-pair, and I'm no mind-reader, then yes, I took liberty and used indicator on STF to set BE at an appropriate time given the indicator (when indicator on STF starts a reversal, and we are in profit, set BE. Can you think of a more appropriate time?).

I would surmise that a single-pair EA is what would be most useful to the apparently broke people watching this thread, vs. a basket EA they don't have the money to trade real money anyways. A single-pair EA could help people make money and THEN trade a basket EA. Not the other way around.

Anyways, I got most of the problems in the EA fixed in the last version from what I can tell, but who knows. If there is no feedback, there will be no more updates.

But I digress. God bless you Kos. You brought mtf to the forefront in my mind, and I appreciate it.

Anyone wanting to test my last posted EA, but trade VQzz mtf like Kos is, use TTF 5 and STF 1 on EURUSD.

Kind regards ALL (including Kos, because I have no hard feelings, just can only do what I can do and think I should do),

Don

Don,

I just started the last EA you posted on EU using the M1/M5. Will let you know how it goes.

Gila

Gila,

I appreciate it, but from my little testing since I last posted, it's obvious that I need to remove BE code. Kos doesn't look like he used it. Plus, he's probably not using mtf either. I don't know. I'm not gonna stress about it. Either Kos wants us to know his strategy, and he will provide his EA that he's using or help us get mine right, or I'm moving on. It's damn near impossible to hit a moving target. I will make ONE more try at this. I will remove BE and post another EA. If Kos won't give input on it, and the EA test sucks but looks to trade according to his picture, what more can I do?

Kind regards,

Don

Good bye, my man! You 've been striving hard.

there is never a party that runs forever. good luck!

btw, Kos,

not interested to get your EA, but curious on the logic of your trading:

according to your image, 90% of your algorithm is when VQ changes color, you enter with the trend and exit against the trend. That's it, isn't?

don't lose ur hope as Kos left. if his last image is promising, why not try it? it is simple logic.

similar thing, like a MA 5 X a MA 10 up, you buy, a MA 5 X a MA 10 down, you sell. only his is using VQ changing color.

my personal feeling is BE is useless, if you have SL and TP set.

EA is never a problem. idea is.

Though Kosomolate suggests he is using MTF, it does appear, from the trades in his most recent chart detailing this week's strategy, that he is only using M5. Really not using M1 at all. Running the EA directly on M5 would produce the same results.

But then again...he has never really been 100% clear on entry/exit criteria.


Isn't that the truth! You've been trying to get it right for awhile now. It's a shame that you have not received the requested details from the strategy originator.

OK. Looked at Kos' pics again, and saw that as was said before, he waited for the arrow to show/line to turn color, and then waited for "bar to close".

My MIS-interpretation was to have indicator to have agreement on BOTH TTF and STF, and THEN wait for STF bar to close.

The CORRECT interpretation (could be wrong - happens all the time) is to NOT have agreement between indicator on TTF and STF, but ONLY use indicator on STF with TTF set as TimeFrame in indicator. THEN wait for (TTF/STF) number of bars to close.

So I compare (TTF/STF) number of bars with ((TTF/STF)+1) bars back, looking at green and red color, and make trading decision.

It SHOULD work per Kos' pic, but as always, there is no assurance that I got this right. Test and make changes is all we can do.

Also, yes I removed BE code, since Kos didn't mention nor show it in his last post with pic, and it's not well defined in my mind, so there is no way for me to implement it unless it is.

zznbrm, yeah we might be able to use VQ7 on M5, with both TTF and STF set to 5, and get the same results. Anybody want to test and compare?

Kind regards,

Don

I'll set them both up Don and let you know the outcome

GG

Telac,

Please test this one. The last one didn't take Trend variable as I defined in variables section, so I simply added definition of trend in as conditions to buy or sell. Could have just gotten rid of Trend, TrendColor variables (they're useless in this EA for some reason?), but it was more trouble than it was worth. Basically was trying to catch trend just as it turned and enter then, but EA missed multiple stop and reverses (color changes), so I HAD to decide to jump in when EA is placed.

Kind regards,

Don

On pic above is same thing as trading on 5M TF. And you can clearly see that EA opens trade 5 bars after signal on 1M TF, 5 bars = 5 mins. My question is, Kos said that he trades between 8am - 6pm, is it EST or something else?

Hi Don,

Just don't know what to say....so far I can't get the bot to place a trade on either setup. Have checked and rechecked everything.....experts tab and journal are ok?? Anyone else?

Telac,

Sorry. Updated a post a few posts back with an updated EA. Gave explanation there.

Kind regards,

Don

altoronto,

time limitation is not a problem. I can add it if the author defines it. The hardest thing to do is get the author to spell out in steps what happens when they trade, so that a bot can trade as they do - and not constantly change the steps

This post by xxl205 is a perfect example of how to give a strategy to be programmed into an EA. I may decide not to implement everything pointed out below steps 1-4 (I have good MM, and can use Semafor 1 and 2 for SL as well as 3 , but the steps were easily implemented by me within a couple days when I wasn't busy otherwise. Testing it now.
http://www.forexfactory.com/showthre...02#post5105102

I do have one question though, George. It seems we should only wait for bar close (#3 rule) for first trade, since after that you talk about catching big trades by not waiting for bar close after NonLagMA turns color before bar closes. Should we ever wait for bar to close after getting arrow then NonLagMA? Just need to understand better.

Also, before you answer, you might also want to think about applying MTF (my way of doing it at least, which may be wrong, I don't know. I just figure if we're dealing with MAs really at the base of almost calculations, we can simply apply MTF to any indicator simply with the following equation change in iMA function in period:
MTF period = P x (T/S)
where P = period, a user input for number of bars to use in moving average calculation.
where T = Trend TimeFrame (aka TTF). Trend is defined on this TimeFrame.
where S = Signal TimeFrame (aka STF). Entry and Exit is defined on this TimeFrame.

With past EAs, we have used the same indicator for MTF. But we don't have to. A good indicator should be a good indicator on any timeframe though, so anybody still can use my last posted EA as a shell to build any strategy into. I used it to build George's (aka xxl205) strategy.

Now, if I want to quickly apply a MTF to this indicator per my theory, even without going into code, I can simply used my equation MTF period = P x (T/S).
MTF period = 16 x (60/15)

So new MTF period is 64. No need to go into code, we'll jut change this on chart. What do you think now, George Because of my confusion or misunderstanding of Kos and MTF usage, we have a new equation that requires no coding for user to implement MTF ("on-the-fly MTF" LOL), but we may have just improved your strategy very simply (maybe not). What do you think George? Missing too many pips using MTF? Really, I wanted to use MTF, I'd probably use original indicator values, so 9 instead of 16. In this case MTF period would be 9 x 4 = 36, not 16 x 4 = 64.

Also, George, I think using normal Semafor indicator instead of the one in your post gives better results with your numbers. Maybe I'm wrong, since we know Semafors redraw past. Just saying from looking at past.

I thank the Lord for my life, breath, wife, family friends, abilities, knowledge, etc., and so every EA I'm making has HIS name. HE owns everything anyways. I'm just an overseer who will stand and answer to Him one day, just as all of us are and will. I will stand as a son (by grace through faith in the finished work of Jesus Christ), not a servant (because a servant works for rewards, but we're sinners, so work is not able to get us to Heaven, because in God's eyes our works are as filthy rags if He/God/Christ is not the center of it. For if we have not love, we are nothing). My Father gave me the choice. He gives each of us that choice to be adopted or not. I serve because I want to, out of love for Him. He rightfully receives ALL glory and honor and praise for what I am and can give to the Lord. For whether I live, I live unto Him. If I die, I die unto Him, for I am His. I thank Him for everything.

Kind regards,

Don

Got it, thanks Don - I'll get it running

Don,

So far both the straight 5 minute and the 1/5 are both up on E/U and I started them both off after the big move yesterday. The don't trade exactly the same but not far off. I'll give more details after it runs a couple more days.

GG

Don,

Looks like the EA running on the 5 minute chart - VQ7 also 5 minute TF is pulling ahead. Running .05 lots on $500 and it's up about 6% so far. The EA on 5/1 is just at break even. See if this keeps holding true.....

Telac,

I can't tell you how much this means you testing the EA. Thank you.

I write so many that it's hard for me to test them all also. And I do get easily overwhelmed by all I decide to take on. But coding is what I love to do, so I'll do what I love to do, by God's grace

Kind regards,

Don

In this pic, you see a VERY good indicator. Whether using real multi-timeframe functionality built-in to a multi-timeframe indicator, or using "on-the-gly" MTF by uing equation MTF period = (period*(TTF/STF)), then I can turn any indicator into a multi-timeframe one without coding. Not as early an entry it doesn't look like in this case, but hey, nothing and no one is perfect except God.

Kind regards,

Don

Don, I am also testing your EA using USD500 demo account.

I'm still in a loss though, with account balance at 450.

Perhaps its because I wasn't consistent with the TTF and STF.

this was because the TTF and STF keeps changing in this thread, but for now, I'm just demo-ing in 5M/1M, just to let you know.

There's no perfect indicator as you said.

The best indicator in my honest opinion is S/R, fibo, and trendlines which I have been using to trade manually.