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  • #4,701
  • Jun 20, 2013 8:48am Jun 20, 2013 8:48am
Quoting peterwest
Reading earlier posts and agreeing with the importance of market read, I have the following question. What is the difference between Long and CT Long, Short and CT Short or Range and MR N/A? Is there some specific difference that changes the EA behavior? At the moment all I see they do is go either only long, only short or long and short. Regards, Peter

Hi Peter

the market read is there to influence the TLE not the EA, example would be a "super tle" - can handle all market instances (note this is an example not one that actually would necessarily make a profit)

MR is Long - Take Long trades based on HAS candle immediately turning blue
MR is Short - Take Short trades based on HAS candle immediately turning red
MR is CT Long - Take long trades on HAS candle immediately turning blue
Take short trades on HAS candle turning red for 2 bars and distance of price action from HAS is greater than 4 times spread cost
MR is CT Short - as above but reversed
MR is Range - Go Long when candle closes below bottom of bollinger band
Go Short when candle closes above top of bollinger band
MR is N/A - do not take any trades but possibly send an alert when price moves out of a price channel

People will probably have more checks in place when entering counter trend trades or range trades because quite simply they are generally more risky, by specifying which direction the CT trade is you can apply the extra checks to the CT trades without having those extra checks on the Trend trade.

Regards, John
  • #4,702
  • Jun 20, 2013 9:16am Jun 20, 2013 9:16am
Quoting jmw1970
{quote} Hi Peter the market read is there to influence the TLE not the EA, example would be a "super tle" - can handle all market instances (note this is an example not one ....... John
Hi Mr.John

Where can I specify the Market Read condition? It is not found in the EA parameters. Is it in the TLE?

FxOptimu$

Sorry. I got it. It is found inside the TLE.

Thanks anyway for the explanation.

FxOptimu$
  • #4,703
  • Jun 20, 2013 9:18am Jun 20, 2013 9:18am
Quoting Fx-optimus
{quote} Hi Mr.John Where can I specify the Market Read condition? It is not found in the EA parameters. Is it in the TLE? FxOptimu$
When you load the EA at the top of the screen you will see the text Market Read - xxx, this is also one of the "movable" buttons, select the text and move it on the screen and it will change, keep on moving it until the text shows the Market Read condition you want - of course you need to have a TLE that has been coded correctly that reacts to different market reads unlike most of them currently created.

Regards, John
  • #4,704
  • Jun 20, 2013 9:38am Jun 20, 2013 9:38am
Quoting jmw1970
{quote} When you load the EA at the top of the screen you will see the text Market Read - xxx, this is also one of the "movable" buttons, select the text and move it on the screen and it will change, keep on moving it until the text shows the Market Read condition you want - of course you need to have a TLE that has been coded correctly that reacts to different market reads unlike most of them currently created. Regards, John
Thanks Mr.John. I will check that out. Also we can set it in the TLE. I find options from 0 to 6 as given below.

#define MR_NONE 0
#define MR_LONG 1
#define MR_SHORT 2
#define MR_RANGE 3
#define MR_CTLONG 4
#define MR_CTSHORT 5
#define MR_NOTAPPLICABLE 6

I think we should choose appropriate market condition here to enable the TLE to instruct the EA to pickup orders. Am I correct?

FxOptimu$
  • #4,705
  • Jun 20, 2013 10:22am Jun 20, 2013 10:22am
Quoting Fx-optimus
{quote} Thanks Mr.John. I will check that out. Also we can set it in the TLE. I find options from 0 to 6 as given below. #define MR_NONE 0 #define MR_LONG 1 #define MR_SHORT 2 #define MR_RANGE 3 #define MR_CTLONG 4 #define MR_CTSHORT 5 #define MR_NOTAPPLICABLE 6 I think we should choose appropriate market condition here to enable the TLE to instruct the EA to pickup orders. Am I correct? FxOptimu$
Not quite, the TLE has to be coded to react differently based on the Market Read, we the user tell the EA what the current market read is, then when the TLE is called it knows what logic to apply - this is the human interaction part.

As a person we can tell what the market is doing better than a computer, so we tell the computer what logic to use for entries/exits based on our assumption of the market.

There is a document available somewhere on FF (I think on the original thread where the EA was originally placed) which explains in better detail the use of TLE's
  • #4,706
  • Jun 20, 2013 10:31am Jun 20, 2013 10:31am
Quoting jmw1970
{quote} Not quite, the TLE has to be coded to react differently based on the Market Read, we the user tell the EA what the current market read is, then when the TLE is called it knows what logic to apply - this is the human interaction part. As a person we can tell what the market is doing better than a computer, so we tell the computer what logic to use for entries/exits based on our assumption of the market. There is a document available somewhere on FF (I think on the original thread where the EA was originally placed) which explains in better...
Thanks once again Mr.John for the response as also for being here to help us out.

FxOptimu$
  • #4,707
  • Jun 20, 2013 11:10am Jun 20, 2013 11:10am
Market is trapped in the range. Expected breakout is yet to come. There are no market movers except Kurodas speech tomorrow.

Kos, how is the performance of that new indicator in this whipsaw price action. You may release it if you find it worth. It may helped us in this kind of situation. Whipsaw price action is the only draw back in basket trading.

FxOptimu$
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  • #4,708
  • Jun 20, 2013 3:52pm Jun 20, 2013 3:52pm
hi friends!

this afternoon, i have been testing benwillus !TLE in 1min (hardcore) chart and i only can say....WOW!

its works very fine!

its a great job!

who can give vouches, this men deserves +1000

http://i39.tinypic.com/34exhja.jpg

regards!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,709
  • Jun 20, 2013 3:54pm Jun 20, 2013 3:54pm
jmw1970, if i only work with the cloud movement, i need too activate the market read mode?

MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,710
  • Jun 20, 2013 4:14pm Jun 20, 2013 4:14pm
comrades, i have a micro account (that i won in a forex champion) in a forex broker.

the mt4 of that broker is very, very slow and dont work fine.

what can i do ?

i cant apply any ea...
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,711
  • Jun 20, 2013 4:45pm Jun 20, 2013 4:45pm
Quoting tnavi
comrades, i have a micro account (that i won in a forex champion) in a forex broker. the mt4 of that broker is very, very slow and dont work fine. what can i do ? i cant apply any ea...
Hi tnavi,

With the potential of this making you a lot of green pips, I will not waste time in dealing with any brokers's games. Move brokers and earn the pips. No time to waste lots of Brokers are around to go with.

Just my two pips worth as always.
Born to rule my Economic World and Make a Difference!
  • #4,712
  • Jun 21, 2013 2:36am Jun 21, 2013 2:36am
Quoting Fx-optimus
Market is trapped in the range. Expected breakout is yet to come. There are no market movers except Kurodas speech tomorrow. Kos, how is the performance of that new indicator in this whipsaw price action. You may release it if you find it worth. It may helped us in this kind of situation. Whipsaw price action is the only draw back in basket trading. FxOptimu$ {image}
its a completely flat week in H4 and H1

@optimus
the indicator [not new] kept me totally out of the market since 14th June till now, no trade.
after a trade of which I managed to come out +.
I simply switched off the bot and went to discuss and sign a Memorandum of Understanding with an engineering firm.
I come back each day to see that the market has gone nowhere.

but what is flat and in-trade-able on the H1 TF is ranging in M15 and M5.


kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,713
  • Jun 21, 2013 6:02am Jun 21, 2013 6:02am
hello GVC,

any update on the 2 time frame HAS TLE?

the whipsaw has been really bad these days, i been using the m15 HAS but manually setting short only in order to follow the h4 HAS but even that has taken
many losses.

i noticed on the m1 chart,
if i set HAS FOR M1 to 2,9,2,12 and set another HAS for m5 2,9,2,12, meaning on the m1 chart the 2nd HAS is set at 2,45,2,60, we can set the m1 to follow the m5 HAS n some profits can be made, rather than rack up huge losses on m15 HAS.

that is where the 2 tf has tle will be really handy.
thanks again GVC!
  • #4,714
  • Jun 21, 2013 8:14am Jun 21, 2013 8:14am
I have been testing XO and ICHI for last 3 weeks or so thanks to the guys here.

It has been a tough week, if you look at the 14 pair over the last month - renko is sometime a useful analysis not necessarily to rely on but can picture resistance and trends clearer than normal charts --if you kept with trend this week you would have kept your head above water.

I will try post some renko analysis over the next few weeks to see if that can help the team

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  • #4,715
  • Jun 21, 2013 10:56am Jun 21, 2013 10:56am
Quoting manuel_fx
I have been testing XO and ICHI for last 3 weeks or so thanks to the guys here. It has been a tough week, if you look at the 14 pair over the last month - renko is sometime a useful analysis not necessarily to rely on but can picture resistance and trends clearer than normal charts --if you kept with trend this week you would have kept your head above water. I will try post some renko analysis over the next few weeks to see if that can help the team {image}
How do you get Renko to work with the Offline chart?
  • #4,716
  • Jun 21, 2013 1:07pm Jun 21, 2013 1:07pm

Quoting dvanderlinde
{quote} How do you get Renko to work with the Offline chart?

usual renko scripts/EAs work see renko block chart thread, sometimes fake ticks script needs to be used on a chart if you are using an EA on an offline chart.

All renko threads have died a slow death so dont curse this. I am subscribed to renko block charts...

  • #4,717
  • Jun 22, 2013 12:48am Jun 22, 2013 12:48am
What a boring week that was. Although the market moved down away from the range yesterday. But later returned back to the range. However, just have a look at the JPY & USD pairs separately. Both have been moving exactly in the opposite direction. That is what makes the whipsaw price action in the basket. Trading the two basket separately could be a solution. There can not be whipsaw price action in these two baskets because the two currencies are influenced by all the other major currencies. So there bound to be a move in any one direction depending on the strength/weakness of these two currencies. Please also observe the JPY pairs are moving better than USD pairs. I find there is provision made in T101 ea for trading only the 7 JPY pairs.

Kos, will that be ok if we trade these two separately?

FxOptimu$
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  • #4,718
  • Jun 22, 2013 1:43am Jun 22, 2013 1:43am
optimus, can u upload (please) the JPY basket mode?

thanks in advance and nice weekend!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,719
  • Jun 22, 2013 2:35am Jun 22, 2013 2:35am
Hi guys/gals,

Still slowly reading through this thread (currently on page 100, don't have much time cos of work commitments). I have a couple of questions please as I am getting a bit confused with some settings etc.

1. What please are the definitive settings for 5min HAS, 15min HAS and H1 HAS? I have seen different settings mentioned on this thread.
2. Is KOS (or the KOS system) still using the VQ indi, or is just the HAS alone now?

Many thanks
Dan
  • #4,720
  • Jun 22, 2013 2:53am Jun 22, 2013 2:53am
Danjuma, the people are using 2,9,2,12 setting for has.

And no, kos is not using vq indi.

Regards!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
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