Doing what you like is Freedom. Liking what you do is Happiness.
- #3,701
- Dec 20, 2011 1:12am Dec 20, 2011 1:12am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
My advise for you is don't use Exness to trade, not because they will take away your money or anything. Exness charts' candles are totally different from other brokers, their candle closing time is very different. Compare the 5min chart of Exness with IBFX or FXCM or GO Markets. You will see it.
I have used Exness before and made some bucks because of their low spread and high cash rebate. But if you want to follow this system to trade i suggest you use another broker.
peace
Zarrmansfx discover his profitable way of trading for a ranging market. For a trending market we use something else. We need few tricks under the sleeve in order to rob "the beast".
i will not argue, and i'm the last one who thinks there's an only one 'proper' way of trading.. there are unlimited ways.. but zarrmanfx's success (geez i wish him the money
and i would sleep better if anybody reading this thread would pull a lot off the crooks like GS etc) the way it is presented looks like it is a cakewalk.. it's not. try to trade this way only if the market is ranging and do it for a few weeks, you'll find out there's more drawbacks than advantages to it. of course, maybe i'm wrong. trading is a very personal thing.Zarrmansfx tripled his account in on day trading that way. I think I could learn few things from him. When it comes to trading, I have a very open mind. (lurking)
this all just my 2¢,
i'm not looking for acknowledgement, just horrified by imagining the lurking newbie putting his whole real account on buying/selling spikes.
peace
MarginTrader All Time Return:
na
- #3,711
- Edited 1:00pm Dec 20, 2011 12:45pm | Edited 1:00pm
Hi all
My suggestion for Symphonei EA
I am not a coder so if someone fined this interest enough to code it I will be very happy
We will need TP, TS, BE, SL.
Indicators: Symphonei Emotion, Sentiment, Trend Lines, Extreme v2, Tvi v2.
Options for more indicators, stochastic, Arrow. can help allot.
I understand that the problem is REPAINTING. So I combined 2 new parameters to the extreme spike, there is an explanation next to parameters.
The rules are the exactly like evaluator wrote.
Every indi have to confirmed by True\False. that for checking thecontribution of every indi.
USE Emotion Variables = True\False
extern int SSP=7;
extern double Kmax=50.6;
USE Sentiment Variables = True\False
extern int SentimentPeriod = 12;
USE TRENDLINE True\False
extern int CCIPeriod=63;
extern int ATRPeriod=18;
USE EXTREME True\False
extern int LastExtremeSpike =8: // Last Extreme Spike Exist in More Then 8 Bars Before. If there is an Extreme Spike in the last 8 bars- NO SIGNAL. Dot or spikes not counting.
extern int ExtremeSpikeExpierd =48 // After 48 bars with no ExtremeSpike NO SIGNAL.
extern int PriceActionFilter=1;
extern int Length=3;
extern int MajorCycleStrength=4;
extern bool UseCycleFilter=false;
extern int UseFilterSMAorRSI=1;
extern int FilterStrengthSMA=12;
extern int FilterStrengthRSI=21;
extern bool TrackMajorCycleHistory = true;
extern bool WaitForClose = true;
extern int MajorGoneLookBackBars = 40;
USE TVI True\False
TVI Op1/Op2 = 0\1 // OP1 mean signal by color, above or below level 0. OP2 mean Green and above level 0 for long. Red and below level 0 for short
extern int r = 21;
extern int s = 21;
extern int u = 8;
FxHope
My suggestion for Symphonei EA
I am not a coder so if someone fined this interest enough to code it I will be very happy
We will need TP, TS, BE, SL.
Indicators: Symphonei Emotion, Sentiment, Trend Lines, Extreme v2, Tvi v2.
Options for more indicators, stochastic, Arrow. can help allot.
I understand that the problem is REPAINTING. So I combined 2 new parameters to the extreme spike, there is an explanation next to parameters.
The rules are the exactly like evaluator wrote.
Every indi have to confirmed by True\False. that for checking thecontribution of every indi.
USE Emotion Variables = True\False
extern int SSP=7;
extern double Kmax=50.6;
USE Sentiment Variables = True\False
extern int SentimentPeriod = 12;
USE TRENDLINE True\False
extern int CCIPeriod=63;
extern int ATRPeriod=18;
USE EXTREME True\False
extern int LastExtremeSpike =8: // Last Extreme Spike Exist in More Then 8 Bars Before. If there is an Extreme Spike in the last 8 bars- NO SIGNAL. Dot or spikes not counting.
extern int ExtremeSpikeExpierd =48 // After 48 bars with no ExtremeSpike NO SIGNAL.
extern int PriceActionFilter=1;
extern int Length=3;
extern int MajorCycleStrength=4;
extern bool UseCycleFilter=false;
extern int UseFilterSMAorRSI=1;
extern int FilterStrengthSMA=12;
extern int FilterStrengthRSI=21;
extern bool TrackMajorCycleHistory = true;
extern bool WaitForClose = true;
extern int MajorGoneLookBackBars = 40;
USE TVI True\False
TVI Op1/Op2 = 0\1 // OP1 mean signal by color, above or below level 0. OP2 mean Green and above level 0 for long. Red and below level 0 for short
extern int r = 21;
extern int s = 21;
extern int u = 8;
FxHope
- #3,712
- Dec 20, 2011 12:55pm Dec 20, 2011 12:55pm
Hi all
My suggestion for Symphonei EA
I am not a coder so if someone fined this interest enough to code it I will be very happy
We will need TP, TS, BE, SL.
Indicators: Symphonei Emotion, Sentiment, Trend Lines, Extreme v2, Tvi v2.
Options for more indicators, stochastic, Arrow. can help allot....
MJ where are you ?
#### Follow me at @LioH_ on Twitter ... ####
That can be coded I think.
MJ where are you ?
but no EA from me in 2011.if i don't get certain things done till Dec 31, i get fired
i even stopped trading (!)
why don't ya join the forces with rmyers?
i'll try to contribute l8r.
MarginTrader All Time Return:
na
![Click to Enlarge
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Size: 26 KB](/attachment/image/861326/thumbnail?d=1365736284)
How do you do!
First of all, welcome to the Factory
I think everyone can imagine how difficult it has to be to understand the system properly for a non-English speaking person. You are right Andy, all the answers to your questions have been discussed many times in this thread. Read this post carefully, it's just for you I will try to explain it simply: yes, the extreme indicator is repainting, and it must be so! It can't know if the top or bottom is finished, the best it can do is to tell you: "warning! this MAY be the TOP!". But if the price goes up more, it warns you again and again. You must treat the extreme indicator as a warning, not as a signal. If you see the extreme, don't do anything on that candle. You must wait for all the other indicators to align. On your chart, you are showing how the extreme moved, but you may not enter the trade before other indicators confirm. You see the trendline indicator is still green - all that means: be prepared to go short, but wait for all indicators to confirm!
You are right the extreme indicator paints differently with various brokers. This is an open issue and right now we must live with that, until a new version is coded. I will try to do it next month. Perhaps some good coder makes it earlier. Until then, you can try refreshing the charts (switch timeframe), restart MT4, clear history or set the number of bars to a smaller or different number - for the core of the problem see this post. If you have the problem with the same broker on different PCs, see this post.
Andy, I know it is easy to get lost in such a quantity of information and without understanding English rather well, it will be very hard for you. If you ask questions here someone may help you, but in general and in every forum, the language alone can't be a reason for asking basic questions persistently. The best advice i can tell you: find a trading buddy in your country who knows the language better, and explore this thread together! It is a good system.
Wish you a ton of green pips every day, and don't give up!!
PS: I like you posted a chart with your question
..finding an answer is always easier this way!Faded Euro at the highs . Crazy drop .. woots
Excellent example of the "buy the rumour, sell the fact" market behaviour!
MarginTrader All Time Return:
na
Hi MJ,
Dun think the cycle identifier can be solved as long as its logic is pegged with closing prices of the candle.
How the cycle identifier detects spike is based on series of candles closing price.
Blue bottoming spike appear when there's a series of red candles closing at the lowest low point after a green candle has confirmed on the following candle and vice versa for red topping spike.
Clear spikes appear when candle closes lowest low or highest high but not lower/higher than the previous lowest low/highest high closing candles.
The smaller TF will have more accurate estimate of high/low closing candles than the larger TF cos the candles of larger TF is further detailed in smaller TF.
This is broker data feed issue, cos different brokers will have different closing prices especially for smaller TF.
Perhaps to solve this problem might be pegging the cycle identifier to lowest low or highest high and not closing prices of the candle? Cos most brokers will have identical lowest low or highest high candles.
It'll might be less headache and do not know if there's any compromising of the trading system as a whole.
Maybe you (but you are currently tied up with work) or anyone who know how to code can help to code it this way?
Dun think the cycle identifier can be solved as long as its logic is pegged with closing prices of the candle.
How the cycle identifier detects spike is based on series of candles closing price.
Blue bottoming spike appear when there's a series of red candles closing at the lowest low point after a green candle has confirmed on the following candle and vice versa for red topping spike.
Clear spikes appear when candle closes lowest low or highest high but not lower/higher than the previous lowest low/highest high closing candles.
The smaller TF will have more accurate estimate of high/low closing candles than the larger TF cos the candles of larger TF is further detailed in smaller TF.
This is broker data feed issue, cos different brokers will have different closing prices especially for smaller TF.
Perhaps to solve this problem might be pegging the cycle identifier to lowest low or highest high and not closing prices of the candle? Cos most brokers will have identical lowest low or highest high candles.
It'll might be less headache and do not know if there's any compromising of the trading system as a whole.
Maybe you (but you are currently tied up with work) or anyone who know how to code can help to code it this way?
Hi Andy!
First of all, welcome to the Factory
I will try to explain it simply: yes, the extreme indicator is repainting, and it must be so! It can't know if the top or bottom is finished, the best it can do is to tell you: "warning! this MAY be...
Dun think the cycle identifier can be solved as long as its logic is pegged with closing prices of the candle.
you're mentioning a very good point here! Thanks for enlightenment! I have seen br0kers skewed by some 5 seconds (!) and candles were very different to the naked eye. We can try to use highest/lowest later (btw that's exactly what the experimental version i posted earlier does). But there's really another problem, and that's the chart history (count of candles).. try this experiment: Choose any br0ker, install a fresh instance of MT4, open a demo account and a chart with any pair. If you hover across the chart tab, a tooltip with barcount will appear. With a fresh install, your chart will have 2000 bars. The count will increase with coming bars, or you can add bars by scrolling back the chart, getting data from your br0ker's server. Now open another chart with the same pair and attach the indicator to it, and layout the charts so you can see both at once. Now click (activate) the chart without the indi and hold down the Home key on your keyboard. This will add history. And you will see, the extreme indi on the other chart will change rapidly, even if you don't touch that chart, and price won't do anything. The frequency of spikes will vary with every few candles added to the "left" side of the history for the given pair, and it does not matter if the candles added will be a month, two or a year old.. the problem is, the cycle identifier uses complete history and that of course varies with practically any mt4 instance.
I'm almost sure a good coder will be able to dissect the algorithm and rewrite the indicator to not use the entire history but a few hundred of bars, maintaining the full functionality and specifics of it. I haven't found the time to read the source properly yet (not at all! i don't have any clue about how the indi works), i know there are good coders watching the thread and would be very pleased if anyone of them does the job
MarginTrader All Time Return:
na
Hi
Choose any br0ker, install a fresh instance of MT4, open a demo account and a chart with any pair. If you hover across the chart tab, a tooltip with barcount...
The extreme indi work like zigzag indicator it fix itself (repaint)
maybe you can try to add the solution that i gave with 2 more parameters to the indi for try it? It will draw a color spike only 4,5,6,8, bars back and I think the problem of repaint will be solved. Post 3713.
Every transaction that I decided to go to, the color spike was 5-8 candles back.
You have done wonderful work with TVI indicator. I use it very well. THANK YOU
Google translate teach me english.
FxHope