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  • #2,201
  • Apr 9, 2012 12:41pm Apr 9, 2012 12:41pm
I got it. Will reply soon...
To improve is to change. To perfect, is to change often.
  • #2,202
  • Apr 9, 2012 12:54pm Apr 9, 2012 12:54pm
Quoting forexhard
Is someone trying to make an EA for us now? If yes, who ever the coder is, please PM me for details.
I was looking in to making one, but if bullbearies is, then no point in duplicating. I'm new to mt4 programing, but it's similiar to the other programing languages I know from my previous work.

I've modified the sqDynamicBreakoutBox indicator to text me when a new consolidation box has formed so that I can be prepared to trade.
  • #2,203
  • Apr 9, 2012 1:00pm Apr 9, 2012 1:00pm
Quoting publicjud
....I've modified the sqDynamicBreakoutBox indicator to text me when a new consolidation box has formed so that I can be prepared to trade.
That's pretty cool. I wouldn't use this feature myself, but some other guys might. Since you based it on the Sq indi, please do us the honor of posting your mods publicly.
To improve is to change. To perfect, is to change often.
  • #2,204
  • Apr 9, 2012 1:01pm Apr 9, 2012 1:01pm
I am also trying to create an EA. PM sent
  • #2,205
  • Apr 9, 2012 1:13pm Apr 9, 2012 1:13pm
Quoting forexhard
That's pretty cool. I wouldn't use this feature myself, but some other guys might. Since you based it on the Sq indi, please do us the honor of posting your mods publicly.
Sure, I'll post it on here as soon as I'm confident the bugs are worked out. I'd like to test it for a couple more days.
  • #2,206
  • Apr 9, 2012 2:05pm Apr 9, 2012 2:05pm
OK, it seems we have a few guys with the right skills all coming together at the same time wanting to get an EA going for our thread. I have absolutely no problem with this. But these things take a lot of time and energy, and what I'm afraid of is that the project will be abandoned halfway through.

So before we get going let's get some ground rules in place, OK?

First, no noobie coders taking the lead. I only want someone with experience in the position of the project leader. Anyone can help out, but someone has to be in the lead, and it won't be me because I haven't written a single line of code in my life.

Second, who ever agrees to be the project leader, agrees to stay with it until the very end. I'm not going anywhere. I'll be here the whole time even if everyone else takes off. Who ever takes on this job must agree to do the same.

Third, here is a compilation of several of my posts regarding how I work this system. I've always said the info was right there in the open for everyone to find with just a little digging. Posts like this one prove my point. This would make a good starting point for any EA.

http://www.forexfactory.com/showthread.php?p=5427270#post5427270

So then, who wants to take the lead?....
To improve is to change. To perfect, is to change often.
  • #2,207
  • Apr 9, 2012 2:38pm Apr 9, 2012 2:38pm
Spent last 5 weeks studying this thread quietly. Been learning price action trading for 5 years. Hate using indicators in my trading. On, demo had great success using this method. Thanks to forexhand & other's for changing my way of trading.Will post my trades in future.
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  • #2,208
  • Apr 9, 2012 2:42pm Apr 9, 2012 2:42pm
Quoting geo123
Spent last 5 weeks studying this thread quietly. Been learning price action trading for 5 years. Hate using indicators in my trading. On, demo had great success using this method. Thanks to forexhand & other's for changing my way of trading.Will post my trades in future.

Hi, what is the indicator on the top left of your screen?

Many thanks

Lily
  • #2,209
  • Apr 9, 2012 2:44pm Apr 9, 2012 2:44pm
Quoting whitelily
Hi, what is the indicator on the top left of your screen?

Many thanks

Lily
adx trendbar.
  • #2,210
  • Apr 9, 2012 2:54pm Apr 9, 2012 2:54pm
Hi
I have started trading this method about 8 weeks ago. I just want to share MY experience with it. For ME it is absolutely profitable. I have combined MER's and FxH's methods. I just want to say that EVERY CZ i have traded turned out to make some money for me. Sometimes its at the first breakout, sometimes its a 4th breakout. But it works. IT HAS TO WORK. Because price can't stay at the same level for long time. It is normal Supply/Demand rule. We really dont need any fancy indicators to spot those CZ's. Or use some fancy algos. Market dont care if we use super advance math to draw our box or just plot our box purely based on our perception. So please dont get traped in searching for perfect box settings. Just see where price takes you and follow it. ITS REALLY SO SIMPLE IT'S HARD. Thanks to FxH for his knowledge and willingness to share it.

Best regards
A.
  • #2,211
  • Apr 9, 2012 3:06pm Apr 9, 2012 3:06pm
Quoting forexhard
OK, it seems we have a few guys with the right skills all coming together at the same time wanting to get an EA going for our thread. I have absolutely no problem with this. But these things take a lot of time and energy, and what I'm afraid of is that the project will be abandoned halfway through.

So before we get going let's get some ground rules in place, OK?

First, no noobie coders taking the lead. I only want someone with experience in the position of the project leader. Anyone can help out, but someone has to be in the lead,...
Since I'm new to the mt4 EA programming, I'm not qualified to be the leader, but I'm offering my support and help coding/debugging. Like I said earlier, I'm familiar with other program languages and therefore can easily get the hang of it just by reading over the code. (I've already modified the sqDynamicBreakOutBox indicator to alert user via email of a new box forming. And I will be posting that here as soon as it passes my bug testing)

Even after someone gets a basic EA, I'd most likely mod it to suit my taste....
  • #2,212
  • Apr 9, 2012 3:31pm Apr 9, 2012 3:31pm
Booked a nice 30 pip profit today on my first trade using the SSBO system!!! Thank you Forexhard for being so generous with your knowledge!! Going to keep going with the demo and then switch to real money as sonn as I am comfortable enough with it. It looks promisisng though!! I did post a couple of charts yesterday with my own CZ'S and lo and behold, they almost lined right up with the squalo indi!!
  • #2,213
  • Apr 9, 2012 4:27pm Apr 9, 2012 4:27pm
Quoting publicjud
Since I'm new to the mt4 EA programming, I'm not qualified to be the leader, but I'm offering my support and help coding/debugging. Like I said earlier, I'm familiar with other program languages and therefore can easily get the hang of it just by reading over the code. (I've already modified the sqDynamicBreakOutBox indicator to alert user via email of a new box forming. And I will be posting that here as soon as it passes my bug testing)

Even after someone gets a basic EA, I'd most likely mod it to suit my taste....
Isn't that option already in the squalo indi???? All you have to do is go into the indicator on your chart and change the email alert from false to true
  • #2,214
  • Apr 9, 2012 4:40pm Apr 9, 2012 4:40pm
Quoting tradintime
Isn't that option already in the squalo indi???? All you have to do is go into the indicator on your chart and change the email alert from false to true
But that only emails on bar(s) closing outside of consolidation box. I wanted to be emailed in advance, when a consolidation box first formed.
  • #2,215
  • Apr 9, 2012 5:37pm Apr 9, 2012 5:37pm
Quoting publicjud
But that only emails on bar(s) closing outside of consolidation box. I wanted to be emailed in advance, when a consolidation box first formed.
that sounds like a good idea!!! sorry I misunderstood you.
  • #2,216
  • Apr 9, 2012 6:51pm Apr 9, 2012 6:51pm
Quoting tradintime
that sounds like a good idea!!! sorry I misunderstood you.
Yea, well then you don't have to stair at the charts all day
  • #2,217
  • Apr 9, 2012 7:53pm Apr 9, 2012 7:53pm
So I am still in testing phase, but have a question.

I am only looking at the CZ,well trying to identify them. I have not messed with the indy settings. But, I noticed that some of my zones are close to what the indy identifies. I dont want to handicap myself to the indy since it is an algorithm and I need to be able to identify in real time. I have not done the extended consolidation zone yet because it seems to me that it depends where I place the original CZ hence might be subjective? I dont know. But it seems to me that after the orginal CZ breaks the extend consolidation comes into play. Hmmm there has to be a limit to the validity of the extended CZ. I might have to spend some more time on that after i get better at CZ identification.

But overall, I think for CZ the candle bars need to be small and overall the pip value of 30 pips seems like a reasonable standard for multi-pairs since I will be in chop-city with all those wild bars I see on the chart during a whip-saw phase.

still on the first posts and the summary. I will know based on responses or no responses how much more effort i will need to put. (That made me sound like a slacker...lol) I am off to identify more CZ. Once I grasp what I am doing the indicator should make sense even though I rather not depend on it
  • #2,218
  • Apr 10, 2012 3:10am Apr 10, 2012 3:10am
Here is the trade i took recently. Still running with some money in my pocket. Thanks FXH and SQ

http://i42.tinypic.com/zn0yv8.gif

PS: It's an EA did the trading. with about other 5 pairs at the same time. 4 already ++ and other 2 still --

Cheers
Risk Less Gain More, Trade Less Make More
  • #2,219
  • Apr 10, 2012 3:21am Apr 10, 2012 3:21am
Man, it looks like you didnt even bother to tweak the settings on the indy 5.5 boxes per week? Man, around 2 boxes should be enough per per pair. If you are beginning like me you will identify alot of CZ zones like me, some of which may be crap. But that will take time to "unsee". I bet if you took of the indy you wouldnt see those trades. Just my 2 cents.
  • #2,220
  • Edited 4:09am Apr 10, 2012 3:30am | Edited 4:09am
Quoting hale-mary
Man, it looks like you didnt even bother to tweak the settings on the indy 5.5 boxes per week? Man, around 2 boxes should be enough per per pair. If you are beginning like me you will identify alot of CZ zones like me, some of which may be crap. But that will take time to "unsee". I bet if you took of the indy you wouldnt see those trades. Just my 2 cents.

Thanks hale mary, I will adjust it. Hopefully it will turn out better. Thanks once again.

Cheers
Risk Less Gain More, Trade Less Make More
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