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Third Screen Strategy - Support

  • #121
  • Jun 21, 2013 8:23am Jun 21, 2013 8:23am
Quoting khaled_ctg
{quote} Hello, Ref. post#84 made by Jasper2603, I see my chart like attached image. I didn't see any red histogram of MACD for previous 10 days, and I find the EA showing arrow according the MACD histogram. I really don't know where is the wrong with jasper. Moreover I see some difference with my chart and Jasper's chart. 1st chart is mine and second one is Jasper's. Can any one help me with this issue. I am getting several PMs regarding this type of problem. Thanks to all. Regards. {image} {image}

It just has to do with different brokers.

Different brokers will show different results on indicators (especially trend indicators, such as MACD).

I can open another broker platform, and it shows a different MACD trend to the one I use.

This is why 100pips gets signals before us sometimes.
  • #122
  • Jun 21, 2013 8:25am Jun 21, 2013 8:25am
Quoting Tok
{quote} It just has to do with different brokers. Different brokers will show different results on indicators (especially trend indicators, such as MACD). I can open another broker platform, and it shows a different MACD trend to the one I use. This is why 100pips gets signals before us sometimes.
And people get confused about it. So what can I do?
KISS - Keep It Simple Smart !!!!
  • #123
  • Jun 21, 2013 8:28am Jun 21, 2013 8:28am
Quoting khaled_ctg
{quote} And people get confused about it. So what can I do?
Nothing.

Just make sure they are all using the same MACD indicator. Apart from that, nothing.

THIS is why you NEED to use PRICE ACTION!
  • #124
  • Jun 21, 2013 8:30am Jun 21, 2013 8:30am
And is this the issue that made misunderstanding between 100PipsAday and Rexio regarding NZDJPY chart?
KISS - Keep It Simple Smart !!!!
  • #125
  • Jun 21, 2013 8:43am Jun 21, 2013 8:43am
Quoting khaled_ctg
{quote} hi dotmag, you are not using correct version of the ea. I requested to all about this in the original thread.erebus can help you to get the correct version of ea. Thanks.

please erebus attach please the correct version


thanks in advance
amir
  • #126
  • Jun 21, 2013 8:43am Jun 21, 2013 8:43am
Quoting khaled_ctg
And is this the issue that made misunderstanding between 100PipsAday and Rexio regarding NZDJPY chart?
Yes. My chart is the same as Rexio's.

100pips seems to be getting signals a big quicker than everyone else.
  • #127
  • Jun 21, 2013 8:54am Jun 21, 2013 8:54am
Quoting Amirsaid
{quote} please erebus attach please the correct version thanks in advance amir
Attached File(s)
File Type: mq4 macd_adjustable.mq4   4 KB | 228 downloads
  • #128
  • Jun 21, 2013 9:02am Jun 21, 2013 9:02am
Quoting Amirsaid
{quote} please erebus attach please the correct version thanks in advance amir
We are talking Third Screen Strategy here, so it is all at Post #1

don't know how you missed it or how it can be any more correct than anything else?

have a good week end all



http://www.forexfactory.com/showthread.php?t=382032
It takes a lot for me to IGNORE you, but you can try.
  • #129
  • Jun 21, 2013 9:03am Jun 21, 2013 9:03am
Quoting Tok
{quote} Yes. My chart is the same as Rexio's. 100pips seems to be getting signals a big quicker than everyone else.

100pips seems to be getting signals a big quicker than everyone else.
And if that is not quick enough, he forges the signals himself and calls it "PA", "PASR" or whatever.
  • #130
  • Jun 21, 2013 9:13am Jun 21, 2013 9:13am
Quoting rexio
{quote} 100pips seems to be getting signals a big quicker than everyone else. And if that is not quick enough, he forges the signals himself and calls it "pa", "pasr" or whatever.

rexio you only talking for takling as 100 pips said before you have a lot of pairs to trade leave it forget it
and search for another there are more than 20 pairs


have a good week end
  • #131
  • Jun 21, 2013 9:14am Jun 21, 2013 9:14am
Quoting rexio
{quote} 100pips seems to be getting signals a big quicker than everyone else. And if that is not quick enough, he forges the signals himself and calls it "PA", "PASR" or whatever.
10. It’s just that little thing left to do! After a while, noticing that a large number of people posting in the thread get mixed or even bad results, someone has an epiphany. All we need to make the system really great is an indicator or something to tell us if the market is trending or ranging. But not yesterday or last week or last hour. What is it GOING to do next?

11. It works for me! So we are left with the OP and his early followers claiming that the system works beautifully, they all make thousands of pips each week. We have a few others who claim that it’s losing big time and others get so-so results. And the vast majority still keeps trying to find that extra indicator that will make the system perfect.


The life of a trading system on Forex Factory
http://www.forexfactory.com/showthread.php?t=347075
It takes a lot for me to IGNORE you, but you can try.
  • #132
  • Jun 21, 2013 9:15am Jun 21, 2013 9:15am
Quoting Tok
{quote} {file}
THANKS TOK BUT I REFER TO THE EA WHICH KKALED REFER HERE

  1. Post# 119

  • #133
  • Jun 21, 2013 9:17am Jun 21, 2013 9:17am
Quoting Erebus
{quote} 10. It’s just that little thing left to do! After a while, noticing that a large number of people posting in the thread get mixed or even bad results, someone has an epiphany. All we need to make the system really great is an indicator or something to tell us if the market is trending or ranging. But not yesterday or last week or last hour. What is it GOING to do next? 11. It works for me! So we are left with the OP and his early followers claiming that the system works beautifully, they all make thousands of pips each week. We have a few...

WELL SAID MAN
2 WINES TO U FOR FREE
  • #134
  • Jun 21, 2013 9:28am Jun 21, 2013 9:28am
Quoting Erebus
{quote} 10. It’s just that little thing left to do! After a while, noticing that a large number of people posting in the thread get mixed or even bad results, someone has an epiphany. All we need to make the system really great is an indicator or something to tell us if the market is trending or ranging. But not yesterday or last week or last hour. What is it GOING to do next? 11. It works for me! So we are left with the OP and his early followers claiming that the system works beautifully, they all make thousands of pips each week. We have a few...
Excellent Erebus!

I am one who thinks the system works great as is and I am making money in my live account. People need to relax and let the system do the work. The only interventions I have done is to turn EA on/off.

Results since May 30 with also current open positions:
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-06-21_1024.png Size: 91 KB
  • #135
  • Jun 21, 2013 9:28am Jun 21, 2013 9:28am
Quoting Amirsaid
{quote} THANKS TOK BUT I REFER TO THE EA WHICH KKALED REFER HERE Post# 119
Well, I am Erebus referred to in that post, and I asked you to go to Post #1 for all the files and the correct EA

so why are you continue to make posting here?

good night, I out of here now
It takes a lot for me to IGNORE you, but you can try.
  • #136
  • Jun 22, 2013 3:25am Jun 22, 2013 3:25am
I have a question for 100pips, if someone can direct him to this post.

I am curious what he suggests to do if a pair is in a confirmed trend, yet is sitting on top of a weekly/monthly resistance/support level, or is very close to it?

Is it worth risking money into these pairs, rather than investing more money into the pairs that have a clear road ahead of them?

I would like the opinion of experienced traders/100pips himself.

These are some current daily charts to illustrate what i mean:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDres.png Size: 27 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDres.png Size: 28 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFres.png Size: 25 KB
  • #137
  • Jun 22, 2013 3:44am Jun 22, 2013 3:44am
Quoting Erebus
{quote} Well, I am Erebus referred to in that post, and I asked you to go to Post #1 for all the files and the correct EA so why are you continue to make posting here? good night, I out of here now
Chill out and continue the good work. Maybe change brand of wine
  • #138
  • Jun 22, 2013 3:48am Jun 22, 2013 3:48am
Quoting Tok
I have a question for 100pips, if someone can direct him to this post. I am curious what he suggests to do if a pair is in a confirmed trend, yet is sitting on top of a weekly/monthly resistance/support level, or is very close to it? Is it worth risking money into these pairs, rather than investing more money into the pairs that have a clear road ahead of them? I would like the opinion of experienced traders/100pips himself. These are some current daily charts to illustrate what i mean: {image} {image} {image}
Think you answered your own question. Buying at the top and selling at the bottom is not a good idea have patience and wait for the inevitable pull back. Sure pips will agree. Good luck.
  • #139
  • Jun 22, 2013 4:09am Jun 22, 2013 4:09am
Quoting claudia1
{quote} Think you answered your own question. Buying at the top and selling at the bottom is not a good idea have patience and wait for the inevitable pull back. Sure pips will agree. Good luck.
Thanks.
  • #140
  • Jun 22, 2013 5:31am Jun 22, 2013 5:31am
Quoting rexio
{quote} It is not a bug in the sense that the EA would not be functioning anymore. It is a bug in the category : "Garbage in, Garbage out". In other words : If you feed the EA with rubbish, it will produce rubbish and that is exactly what is happening.
This is only true if the EA is taking it's data for the trend from macd_adjustable. If it is then there is a coding error because, as you say, there is a discrepancy between the trend (triangle colour) and the macd_histogram.

However it's not as simple as that - let's look at the data, I will use GBPNZD D1 as my example as this is where there is a confusing discrepancy. Firstly for the macd_adjustable to show a blue histogram, the blue line (MACD) must be above the red line (Signal). In this case it is, and you can see that their respective values are 0.027502 (MACD) and 0.026221 (Signal) so we have a blue histogram and an "up trend".

So far so good, however when we look at MACD3SS we can see that the MACD is actually below the signal line, their values being 0.02750 (MACD) and 0.02782 (Signal). This should give a "down trend" and that is exactly what the EA is showing. Given that khaled_ctg states that the MACD3SS is required for the EA to work and the fact that in our example, MACD3SS is showing a MACD < Signal and therefore a down trend, I conclude that the MACD3SS is the source of the EA's trend sentiment.

So how to solve the discrepancy? Well the issue appears to be a difference in the signal line data that macd_adjustable has (0.02782) and the signal line data for MACD3SS (0.02621). You can see that the MACD data is the same for both indicators. So one of these indicators is producing bad data. My guess is it is macd_adjustable for the reason that if I apply the base MACD MT4 indicator to the chart I get exactly the same data as that generated by MACD3SS. So for some reason the macd_adjustable indicator is giving bad signal line data which, when the two lines are very close together can give a false reading on the histogram which then causes confusion as it is at odds with what MACD3SS is saying.

So in summary, without having been able to look at the source code, I would say that the EA is working properly, it is, in fact the macd_adjustable indicator that has a bug.
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