Fractals, ZZ & the Pissing Dog

killerno,

Carl made the Doc. I reviewed it and it's according to my algo.

G.

emonts,

That part is not posted yet by me.
It's going to be explained in a different post.
That's the one labeled in post #1 as "Adaptability & Prediction errors:- Coming soon...".

G.

@ gg53 have a doubt.

Once you get a signal, you wait for confirmation fractal?

if you get confirmation fractal, you start counting from that fractal?


Thank you very much.

burnssss,

If you mean by "signal" that algo has decided that all 3 conditions are met (fractals, lenrth, "next bar") - I don't wait and mark that bar with an arrow.

G.

Okei, and start counting from that sign?

Thank you very much and sorry my english

Thanks G.
One question G: in your opinion, is it better to use the original zigzag to create the csv file ?

BR,
-smallcat

Burnssss,

I think Carl has confirm that the new zz leg counting begin after the "signal" is found, not from the original zz leg end.

-smallcat

Hi Samuelkanu,

I think that "custom zigzag" indicator is in the zip package, found on post #1. It is in "indicator" folder , so far i remember.
Is it not found there ? I will check again.

-smallcat

Okay thanks

@ gg53, crodzilla, smallcat
You could explain this process?

To explain better attached a screenshot with two signals. We look at the last signal:



We would start counting from the last signal bars?
if so, we would introduce a bullish fractal in the second bar, when we are looking for a bearish zz?.
This fractal would be confirmed in the bar 4 from the signal. Is that the process?

What I thought was the next fractal signal corresponds to the signal. So to start counting bars expect this fractal.

thank you very much

burnssss,

The algo (if done correctly) produces a signal of the predicted trading SWING point.
We continue our prediction from that signal, no matter what.
The only exception to that rule is cases where the actual (confirmed) ZZ appears far away from that signal and before the preciction finds another swing point.
I'll explain those situation later on, in a separate post.

And, by the way, that one was an excellent signal. You should always look at the bar CLOSE and not the bar high/low - because that's our trading entry.

G.

Thank you very much gg53,
always expectantly at his post.

http://charts.mql5.com/3/527/eurusd-...x-group-of.png


See this ZZ from nen (author ZUP)

Hi poruchik,

Nice indicator, thanks a lot. And I like ZUP very much ... thanks for that.
Could you please explain how to use it ?

-smallcat

you say about Konstruktor.mq4 (http://www.forexfactory.com/attachment.php?attachmentid=1343619&d=1389267552) ?

(constructor)

Yes, that one. Is it the based calculation of creating the "gartley pattern" etc ??

edit: i think it is also can be used to predict the end of swing ?

-smallcat

no Gartley
+++++++++
http://www.onix-trade.net/forum/topic/89331-%D0%BC%D0%BD%D0%BE%D0%B3%D0%BE%D1%83%D1%80%D0%BE%D0%B2%D0%BD%D0%B5%D0%B2%D1%8B%D0%B5-%D1%81%D0%B8%D1%81%D1%82%D0%B5%D0%BC%D1%8B-%D0%B0%D0%BD%D0%B0%D0%BB%D0%B8%D0%B7%D0%B0-%D1%80%D1%8B%D0%BD%D0%BA%D0%B0/


Multilevel systems there is a large number.
Probably, the so-called System of three screens of Alexander Helder will be the most known.

I want to present a little unusual development of one more multilevel plotter.
The first option, the idle time, a prototype of this plotter was created for a long time within about half a year.
We will pass it. The second final (but intermediate option though looking self-sufficient) it was created approximately within 4 months.

This option, in my opinion, is interesting first of all in respect of market research. But, probably, there will be people who will offer interesting ideas on creation on the basis of this plotter of any trade strategy, interesting graphic constructions.

At first there will be a description. Then a plotter.
In brief idea of a plotter the following.
The history of quotations undertakes. On the set algorithm selection of extrema from an available history is made.
The received selection of extrema is processed by means of the same or by means of other algorithm.
We receive the second level. And in the same way we process selection of extrema of each new level by means of algorithm which was used for receiving the second level. We process until already it will be impossible to make the following selection of the last selection.
Now the plotter is calculated on poluchny 11 levels. It it is enough for processing approximately all available minute history if processing of minutes is made.

It is possible to bring to the schedule 4 in a row going level. There is a possibility of a choice, since what level to remove.

All levels pay off at once. Calculation is made quickly. Three million bars were processed no more than a minute.
And then at receipt of a modern history, in online, computer loading isn't noticeable.
And, if 4 levels are displayed only, graphic constructions can be built at all available levels.
All levels are stored in massifs in memory.

Description of parameters of a plotter.

At the moment there are three groups of parameters:

1) Parameters for the first selection of extrema.

PrimarySelectionOfExtremums = 1 - the Choice of algorithm of primary selection of extrema
0 - algorithm of a standard zigzag
1 - on fractals
2 - Gunn's swings
3 - Gunn's swings in matrica option
4 - zigzag_Dow
5 - 2 bar filter
6 - averaging of bars


filterZigZag = 0 - can be only 0 or 2
0 - zigzagovy filtration before calculation of the following level
1 - zigzagovy filtration after creation of the following level - it is now disconnected - it isn't realized
2 - without zigzagovy filtration

// Parameters for algorithm of a standard zigzag
ExtDepth = 21; // the number of bars on which the extremum is looked for - approximately corresponds to MA period
ExtDeviation = 13;
ExtBackstep = 34;
// Parameters of the fractal indicator for primary selection of extremum
ExtBarLeft = 2; // the number of bars at the left is lower than a maximum
ExtBarRight = 2; // the number of bars on the right is lower than a maximum

// Gunn's swings - only primary level
externalBar = 2
0 - the beam from the previous bar goes to the closest extremum of external bar
1 - on external bar the trend of the previous bar proceeds.
2 - the beam goes to that extremum of external bar to which the price of opening of bar is closer.
If the price of opening is on an identical distance from a maximum and a minimum, there will be option 1.

// averaging of bars
bars_average = 0; // Algorithm of a choice of averaging of bars
0 - (H+L)/2
1 - (H+L+O+C)/4
2 - (H+L+C+C)/4


2) Parameters for selection of extremum of the second and subsequent levels.

NextSelectionOfExtremums = 1; // Algorithm choice for selection of extremum of the second and the following levels
0 - there is no construction of the second and the following levels
1 - on fractals
2 - Gunn's swings
3 - zigzag_alf
4 - zigzag_Dow


3) General parameters

VariantShow = 0; // choice of option of information output on the schedule
0 - conclusion in the form of a zigzag,
1 - conclusion ромбиков on extrema,
2 - two lines, one line connect the minima, the second - maxima.
3 - it is reserved
ShowPrimaryLevel = 0; // number of level starting with which the conclusion of extrema to the schedule is made
QuantityExtremums = 20; // task of quantity of extrema of the senior level for which will remain in massifs
// extrema of younger level. 0 - all extrema, from 1 to 10 - 10 extrema
ColorLevels = "Tan, RoyalBlue, Aqua, SaddleBrown, Red, Yellow, Magenta, Purple, MediumSpringGreen, Chocolate, LightGray"; // color of level
StyleLevels = "0,0,0,0,0,0,0,0,0,0,0"; // we set style of lines for each level
WidthLevels = "0,0,0,0,0,0,0,0,0,0,0"; // we set thickness of lines for each level
Statistica = 3; // statistics conclusion in a tab Experts of the metatrader after history calculation
1 - the number of bars with extrema at each level is output
2 - the quantity of beams of younger level in one beam of the senior level is output.
3 - ... the conditional profit is removed... (as as it is considered already I don't remember. The description of this opportunity was destroyed at a forum at failure of a hard disk on the forum server. Wishing can understand on an indicator code... )

ExtComplekt = 0; // set number. If some indicators are brought to the schedule, at each indicator have to be
the unique ExtComplekt parameter to distinguish the graphic constructions relating to the concrete indicator

In a tab Experts it is possible to remove small statistics. Options of statistical processing 1-2-3
It is possible not to pay to statistics yet attention.

++++++++
Your course, misters.
Stas

Thanks a lot Poruchik. I just think "may be" this can give a new idea of development later, after GG has finished writing all the steps needed for his System.

-smallcat