who can programing the indicator Symphonie SentimentEmotion Combi Indicator v1.0.mq4 = candles ?
Attached Image
http://www.youtube.com/watch?v=K8Wr77I7yf8
switch to line chart, change line color to None - as with any other custom candles
adjust width (default is 3 in indi 'Colors' tab) to suit your chart zoom.
MaryJane
P E R F E C T !!!!!
thanks
- #3,747
- Dec 25, 2011 6:37am Dec 25, 2011 6:37am
- | Joined Apr 2010 | Status: Trader | 1,488 Posts
Wouldnīt it be logical to integrate the trendline indicator into your wonderful new candle indicator?
This would make things even more easier because we would only have to look for extreme spikes and pivots.
Would kiss you for such a supercombining indicator -
I would suggest to turn candles that do not fulfill the three criterias to dark grey.
This would make things even more easier because we would only have to look for extreme spikes and pivots.
Would kiss you for such a supercombining indicator -
I would suggest to turn candles that do not fulfill the three criterias to dark grey.
Wouldnīt it be logical to integrate the trendline indicator into your wonderful new candle indicator?
Trendline colour is CCi above or below zero so it was fairly easy to add (can be switched on/off).
Added alerts if there's a blue or red candle just closed, and the previous one was opposite colour or neutral. Can't work reliably though due to repainting past few (mostly 3-4, up to 7) candles; perhaps the reliability of alerts can be improved setting the AlertCandle variable to 2 or 3 so it will give alerts on already painted candles less prone to repaint.
That's all from me (i will not use it anyways), please don't ask me for any more features, especially anything related to the extreme indicator - i don't mind repainting but i won't touch anything that requires refreshing the chart and changes its mind apparently due to slight shifts in weather, positions of planets or solar flares (have been watching it changing spikes in a "normal", static chart while running something in visual tester in the same pair - can't stand it
it's like some irksome insect.. i'd kill it if i could 
).
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- #3,749
- Dec 25, 2011 11:29am Dec 25, 2011 11:29am
- | Joined Apr 2010 | Status: Trader | 1,488 Posts
MJ, YOU are the GREATEST.
What an improvement to ease my trading life
KISS KISS KISS!!!!!
How sorry I feel that you donīt want to code an EA for cash for me, but this one here is more than I expected.
Thanks a thousand times MJ, I will never forget this.
What an improvement to ease my trading life
KISS KISS KISS!!!!!
How sorry I feel that you donīt want to code an EA for cash for me, but this one here is more than I expected.
Thanks a thousand times MJ, I will never forget this.
Agreed, here's the new toy improved:
Trendline colour is CCi above or below zero so it was fairly easy to add (can be switched on/off).
Added alerts if there's a blue or red candle just closed, and the previous one was opposite colour or neutral. Can't work reliably though due to repainting past few (mostly 3-4, up to 7) candles; perhaps the reliability of alerts can be improved setting the AlertCandle variable to 2 or 3 so it will give alerts on already painted candles less prone to repaint.
That's all from me (i will not use it anyways),...
- #3,751
- Dec 25, 2011 12:04pm Dec 25, 2011 12:04pm
- | Joined Apr 2010 | Status: Trader | 1,488 Posts
Really happy to hear you talk that way - !!!!
I can wait, even years if needed.
If you ever change your mind about the cash send me your Paypal by PM. I donīt want it exclusively, I am not an asshole. If I can help I will try, you are doing the same all the time -
So thank you again.
Now I have profiles to change -
!!!!I can wait, even years if needed.
If you ever change your mind about the cash send me your Paypal by PM. I donīt want it exclusively, I am not an asshole. If I can help I will try, you are doing the same all the time -
So thank you again.
Now I have profiles to change -
i'm happy it made you lucky, but don't get it wrong - in fact, i just altered few lines in an existing indicator - the credits should go to those who made it. most probably, i'll come up with an ea, you just have to be patient. btw i will never code anything for cash.
I can wait, even years if needed.
If you ever change your mind about the cash send me your Paypal by PM.
it would be a petty insignificant deal but to me, it's a matter of categorical imperative
i simply refuse to generate new instances of (provider/customer, employee/employer) responsibility.. in fact, i want to cut them off slowly 
..for me, that's the objective of trading.
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- #3,753
- Dec 25, 2011 12:39pm Dec 25, 2011 12:39pm
- | Joined Apr 2010 | Status: Trader | 1,488 Posts
@ Mary Jane, (donīt know where this Rahmi is coming from within the title)
I fully understand you because I am guilty of having been a part of the big machinery myself for too long. Now I am out and trying my luck in this arena.
After nearly two years of learning (super frustration times included) I am seeing some light now.
During the last 17 days and about 200 trades later within this time I did not have a single loser!!! Seems like I am getting a little better -
I fully understand you because I am guilty of having been a part of the big machinery myself for too long. Now I am out and trying my luck in this arena.
After nearly two years of learning (super frustration times included) I am seeing some light now.
During the last 17 days and about 200 trades later within this time I did not have a single loser!!! Seems like I am getting a little better -
not so long.. but i won't come up with a useless ea. it takes time to make a useful one.
thanks for confidence.. but it will never happen.
it would be a petty insignificant deal but to me, it's a matter of categorical imperative
How can anyone possibly trade using an indicator that changes after the fact, I haven't read all of this thread, but if you decide to enter a trade based on what color these candles print and then they change then what?
thanks for the question
I think the answer is - exit the trade.Perhaps I'm a wrong person to tell the reasons why it works or should work, simply because I never traded the system as presented in post #1. I'm using a tweak of it for entry confirmation on 1min.
But there are people (besides the thread starter) who trade the system. They follow the rules to the point and keep on pulling profits. Just check jurn_e's posts in the thread. Personally, I'm still in doubt if it can be traded profitably going 'just by colours', managing risk mechanically at the same time (i'm right or i'm out with hard SL/TP, or stop/reverse on opposite signal). To be honest - I still don't believe it, but I will try.
I believe the profitable traders are adding experience to it; they incorporate s/r, pivots, fibs, ATR, their favorite MA etc. even without considering they are doing it - because it's a part of entry filtering and trade management they were using with other systems before.
But your question was: how can anyone trade off signals that repaint? I guess we couldn't count the posts dealing with repainting indicators, their advocates and haters. I'm not in either camp. I'm trying to see the whole thing as a complex:
This system is laid out this way (in this logical order):
- 'extreme' (cycle identifier, a zigzag-like repainter) hints about possible top/bottom. if price continues to rise/drop, the 'extreme' will vanish and move forth.
- 'emo' (aka goldminer) & 'senti' (aka sefc084, solarwinds, fisher transform) both change colour - both can repaint few bars back, yet their initial reaction is extremely quick.
- 'trendline' (aka supertrend, but basically a plain simple 63-period CCI crossing the zero level) is the final condition.
But to see why this ridiculous repainter plethora works in terms of providing a tradable entry, the structure of the system is better to be turned upside down:
- trades are taken mostly with the trend - price is always above its 63-period MA for longs and below for shorts ('trendline' secures this).
- trades are entered after possible short-term reversal because it takes a fair amount of momentum to get from 'extreme' to the other side of a 63-period MA (or above/below zero with 63 CCI - it's the same).
- yet the entry is in fact triggered by the two amigos - senti & emo. They change colour very quickly and the price paid for it is the danger of a repainted fakeout - but (and this is the key imo) - the signals considered already are with the trend of the moment and after a possible short-term top/bottom. No 'first pullback' of a sizable move should be missed that way. And the 'first pullback' is generally considered the best entry, afaik.
With this structure, it's quite possible the danger of repainting (and closing the trade for a loss if the signal disappears) can be compensated through an early entry, providing the skilled trader with enough room to manage the trade.
again - I don't trade the system as-is, and I have coded the candles because there were requests and it was very simple to do. But I do believe the people who say: it works and it has its merits. The lines above are just an attempt to express the possible reasons behind their statements.
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- #3,756
- Edited 7:49pm Dec 25, 2011 7:17pm | Edited 7:49pm
- | Joined Feb 2009 | Status: Trader | 1,626 Posts
Hi Musashi,
thanks for the question
Perhaps I'm a wrong person to tell the reasons why it works or should work, simply because I never traded the system as presented in post #1. I'm using a tweak of it for entry confirmation on 1min.
But there are people (besides the thread starter) who trade the system. They follow the rules to the point and keep on pulling profits. Just check jurn_e's posts in the thread. Personally, I'm still in doubt if it can...
As you mention, it is the exit that determines profitability, I've never seen a repainting exit indicator that determines your exit as yet, can't imagine I ever will either...
