this is so confusing i think so many indicator !!
BROKENGLISH
true , anas hani, and when the trend is sharply down , my face get lightened in red 
... you can filter the indicators you want by putting a flag in PG_Objects.csv that tells if you want it to be visible on the screen. The purpose of the system is to be able to build your startegy on your prefered indicators, you don't need to look everywhere
... you can filter the indicators you want by putting a flag in PG_Objects.csv that tells if you want it to be visible on the screen. The purpose of the system is to be able to build your startegy on your prefered indicators, you don't need to look everywhere
true , anas hani, and when the trend is sharply down , my face get lightened in red
hello JUREX
i am using ibfx (EURUSDm); i followed religiously all the donwload process; BUT the indi work fine, the ea looks ok but i dont get all the dashboards/panels at all ?
i surely made a mistake somewhere ?
can you consider doing a video for
donwload & settings
signal filtering
ea/automated trading settings
thanks & good day
BROKENGLISH
Hi Bull-Bear
Yes the system is stable, but you must write your rule to be able to use it as an expert, so don't worry try it in manual at first on a demo account, the nice part of it is that you can command your session with the Command Dialog.
Now to be able to write your strategy , I am doing my best to explain it step by step, and I didn't finish yet. It is a little bit complicated at the beginning but once you get with it you will see that it is very easy
Yes the system is stable, but you must write your rule to be able to use it as an expert, so don't worry try it in manual at first on a demo account, the nice part of it is that you can command your session with the Command Dialog.
Now to be able to write your strategy , I am doing my best to explain it step by step, and I didn't finish yet. It is a little bit complicated at the beginning but once you get with it you will see that it is very easy
- #88
- Jan 29, 2013 10:45am Jan 29, 2013 10:45am
- Joined Sep 2012 | Status: Aim Consistent Income | 791 Posts
Hi Bull-Bear
Yes the system is stable, but you must write your rule to be able to use it as an expert, so don't worry try it in manual at first on a demo account, the nice part of it is that you can command your session with the Command Dialog.
Now to be able to write your strategy , I am doing my best to explain it step by step, and I didn't finish yet. It is a little bit complicated at the beginning but once you get with it you will see that it is very easy
I think it is easy and better that you write into PDF format for guidance with example. Thanks.
8-4 Grid Example (from Grid Systems)
Just read the Grid Systems forum of Bull.Bear trader and the idea is very interesting.
Here it is :
http://www.forexfactory.com/showthre...=393470&page=3
So I tried to see if I can write it in Progress.
Here is the example from Jordi trader comment in the forum in italics :
Ok, I'm going to clarify. Every level has two open orders, for example our starting level is 1.30:
1.3100: open long with target 1.3150 and open short with target 1.3050
1.3050: open long with target 1.3100 and open short with target 1.3000
1.3000: open long with target 1.3050 and open short with target 1.2950
1.2950: open long with target 1.3000 and open short with target 1.2900
1.2900: open long with target 1.2950 and open short with target 1.2850
Imagine, price is 1.30, goes up at 1.3050. One position closed at 1.3050 and a new open long order is placed at 1.300 with target at 1.3050 (replacing the closed position). Then the price comeback to 1.30 , and a new long position is opened with target at 1.3050. Where are back to the strating price, but we are booked 50 pips.
To be able to do this in Progress I needed to add 2 properties to my Engine that are DirectionType and LevelPoint.
As I explained already the Direction property of my engine can be BACKWARDS, FORWARDS and ANY :
This means that :
if my Direction is BACKWARDS and the price is Above the MaxPoint of all my current trades of my session I can do only a SELL trade at Pipstep distance above my MaxPoint. If it is below the MinPoint of my trades I can do only a BUY trade at pipstep distance below the MinPoint.
if my Direction is FORWARDS and the price is Above the MaxPoint of all my current trades of my session I can do only a BUY trade at Pipstep distance above my MaxPoint. If it is below the MinPoint of my trades I can do only a SELL trade at pipstep distance below the MinPoint.
if my direction is ANY that means any pipstep distance from my MaxPoint or MinPoint of my session I can do BUY or SELL.
There was no way to have a trade inside my Session Box when my PipStep was set as I am looking always the Max and the Min of my session trades.
To be able to write the grid example above I introduce the DirectionType which says if we are trading outiside the box or inside the box.
So DirectionType is the type of trading for my Direction :
it can be
DT_MINMAX (which means outside the box)
or
DT_LEVEL which means from the level that I set with LevelPoint.
When I have DirectionType to DT_LEVEL my LevelPoint is by default the LasclosePrice of my session for the moment just to test the example : This means the Last Price of my Last Closed Trade. I didn't integrate it graphically so you will not see it in the engine picture.
So here is the rule that I called O Rule :
I could have put the take profit of my trades in the engine but I put them in the rule.
Here pipstep is 10 not 50.
I will test it and then I will explain it step by step. I had to explain the end of our J Rule also (I didn't forget)
To be continued
Just read the Grid Systems forum of Bull.Bear trader and the idea is very interesting.
Here it is :
http://www.forexfactory.com/showthre...=393470&page=3
So I tried to see if I can write it in Progress.
Here is the example from Jordi trader comment in the forum in italics :
Ok, I'm going to clarify. Every level has two open orders, for example our starting level is 1.30:
1.3100: open long with target 1.3150 and open short with target 1.3050
1.3050: open long with target 1.3100 and open short with target 1.3000
1.3000: open long with target 1.3050 and open short with target 1.2950
1.2950: open long with target 1.3000 and open short with target 1.2900
1.2900: open long with target 1.2950 and open short with target 1.2850
Imagine, price is 1.30, goes up at 1.3050. One position closed at 1.3050 and a new open long order is placed at 1.300 with target at 1.3050 (replacing the closed position). Then the price comeback to 1.30 , and a new long position is opened with target at 1.3050. Where are back to the strating price, but we are booked 50 pips.
To be able to do this in Progress I needed to add 2 properties to my Engine that are DirectionType and LevelPoint.
As I explained already the Direction property of my engine can be BACKWARDS, FORWARDS and ANY :
This means that :
if my Direction is BACKWARDS and the price is Above the MaxPoint of all my current trades of my session I can do only a SELL trade at Pipstep distance above my MaxPoint. If it is below the MinPoint of my trades I can do only a BUY trade at pipstep distance below the MinPoint.
if my Direction is FORWARDS and the price is Above the MaxPoint of all my current trades of my session I can do only a BUY trade at Pipstep distance above my MaxPoint. If it is below the MinPoint of my trades I can do only a SELL trade at pipstep distance below the MinPoint.
if my direction is ANY that means any pipstep distance from my MaxPoint or MinPoint of my session I can do BUY or SELL.
There was no way to have a trade inside my Session Box when my PipStep was set as I am looking always the Max and the Min of my session trades.
To be able to write the grid example above I introduce the DirectionType which says if we are trading outiside the box or inside the box.
So DirectionType is the type of trading for my Direction :
it can be
DT_MINMAX (which means outside the box)
or
DT_LEVEL which means from the level that I set with LevelPoint.
When I have DirectionType to DT_LEVEL my LevelPoint is by default the LasclosePrice of my session for the moment just to test the example
: This means the Last Price of my Last Closed Trade. I didn't integrate it graphically so you will not see it in the engine picture.So here is the rule that I called O Rule :
int pipstep = RValue (OP_BUYSELL, T_PIPSTEP, R_O);
double distance = pipstep * SYS_POINT;
Set_Rule (OP_BUYSELL, T_START, R_O, P_SIGNAL); // start engine (always)
Set_Rule (OP_BUYSELL, T_SELLLOTTP, R_O, P_SIGNAL, pipstep); // Set my Take profit for my Sell Lot
Set_Rule (OP_BUYSELL, T_BUYLOTTP, R_O, P_SIGNAL, pipstep); // Set my Take profit for my Buy Lot
if (Ask > RValue (OP_BUYSELL, T_MAX, R_O) + distance/2 || Bid < RValue (OP_BUYSELL, T_MIN, R_O) - distance/2)
{
Set_Rule (OP_BUYSELL, T_ORDERTYPE, R_O, P_SIGNAL, OT_HEDGE);
Set_Rule (OP_BUYSELL, T_DIRECTIONTYPE, R_O, P_SIGNAL, DT_MINMAX);
}
else
{
Set_Rule (OP_BUYSELL, T_ORDERTYPE, R_O, P_SIGNAL, OT_MONO);
Set_Rule (OP_BUYSELL, T_DIRECTIONTYPE, R_O, P_SIGNAL, DT_LEVEL);
}
I could have put the take profit of my trades in the engine but I put them in the rule.
Here pipstep is 10 not 50.
I will test it and then I will explain it step by step. I had to explain the end of our J Rule also (I didn't forget)
To be continued
HI! Looking at your thread it seems that you have work really hard in creating this system but let me tell you that that this is the most complicated system i have seen. To be Frank most traders will not find this flexible and simple to use.
Hi mazprofx
Oh oh
... No it is not complicated but maybe I explain it in a bad way... but as I am not a native writer, I didn't know where to begin. So I will do a pdf out of this forum and I will attach it with the system in the first post of this forum... It contains a lot of things and I tried only to make a nice design out of all what I learned here and there to let the trader act as he likes.
Thanks bull.bear, I wanted to begin somewhere, and by explaining I am also learning. I will do a PDF sure.
hello jurex
i have some computer problmems will re dowload all the stuff & let you know ....asap
the good point i see with your system is we should be able to build all the EA we need directly IF the indicators are inside ( if the output buffers are ok PG conpatible....) instead of getting a specific code for each case......
but i am still strugling to donwload & be sure its ok & working......
will post asap all the problmes i have; believe i am the bencmark for that
have a good day
regards
BROKENGLISHhello jurex
i have some computer problmems will re dowload all the stuff & let you know ....asap
the good point i see with your system is we should be able to build all the EA we need directly IF the indicators are inside ( if the output buffers are ok PG conpatible....) instead of getting a specific code for each case......
but i am still strugling to donwload & be sure its ok & working......
will post asap all the problmes i have; believe i am the bencmark for that
have a good day
regards
You got the point , and one thing is that every rule is like an EA that can work together or not depending on the market and you can at any time intervene manually.
Hi recidiviste
You got the point , and one thing is that every rule is like an EA that can work together or not depending on the market and you can at any time intervene manually.
ok so imagine i am not good at all at computer stuff ...
so when i open the PROGRESS.rar
i see a lot of files......
i would like to have 3 sub folders = to where it should be donwloaded in mt4
i think there is 3 recipient folders in mt4
1/ expert ( = x+y files)
2/indicators ( = only ex4 or mq4 to avoid mix & memory stress )
3/root files ( .cvs & not so clear as how to use & open PG_command is GJ_command ?)
maybe its easyer to build 3 sub folders matching the recipient folders in mt4 ?
think system doesnt see my broker ibf australia ...coming back about it asap...
IF all those remarks are polluting your work please kindly let me know & i post on your private message....
regards
correct ???
BROKENGLISH