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A delicate secret

  • #561
  • Jun 15, 2014 4:53am Jun 15, 2014 4:53am
Hello Old_Dog

i dotn think u are wasting your time its the nemesis of the system the attention to its fallacies and the breaking points of data, edefinately a worthy prusuit if not to gain sanity to: learn, break, and make, sense from all at hand (well ur hands) wish i coudl be there to see the numbers crunch, please inform knowledge on how it goes.
  • #562
  • Jun 15, 2014 7:21am Jun 15, 2014 7:21am
Quoting Old_Dog
Good morning all! I posted the first chart below yesterday in Post 219. CAN YOU BELIEVE IT!!! Price returned almost to the pip to where our theory says it would!! See the 2nd chart below. I set a fairly aggressive short trade last night with a TP near the line. I have just crawled out of bed to find my TP has been hit!! I have put nearly 10% on account with just 3 trades in 2 days . I am now cautiously optimistic that we may have something very useful indeed here.... Best regards, Old Dog . {image} {image}
Very nice Old_Dog,

Could you please give a clue about rule to create your green/yellow indicator ?
Or if you can not explain it, could you give a clue where can i find the information, learn it ? Later i will try to create that indicator myself ....

Thanks
-pedma
Good friends are more valuable than gold ...
  • #563
  • Jun 15, 2014 8:04am Jun 15, 2014 8:04am
Quoting pedma
{quote} Very nice Old_Dog, Could you please give a clue about rule to create your green/yellow indicator ? Or if you can not explain it, could you give a clue where can i find the information, learn it ? Later i will try to create that indicator myself .... Thanks -pedma
Hi Pedma

Nothing complicated really!! I started with the Price Action indy and simply changed the dots to bars for ease of chart reading.

Then I experimented with some different rules until I found one that (I thought ) came close to Eurusdd's signals....

That's all!

But now, having seen Tomcat's indy and others, I am not sure there is just "one rule". I think there may be many rule sets that will "work".

The results of the search will help.

The original Price Action indy has the long/short rules:

[i]if (Close[i]<Open && Open>Low[i+2] && Close[i+1] > Close[i+7] && Close[i+1] > High[i+4] && range0>range7 && trend!= 1)

[i]if (Close[i]>Open && Open<High[i+2] && Close[i+1] < Close[i+7] && Close[i+1] < Low[i+4] && range0>range7 && trend!=-1)

The Delicate Levels indy has:

if(Open[0]-Close[0]>0 && Open[1]-Close[1]>0 && Open[2]-Close[2]<0 )

if(Open[0]-Close[0]<0 && Open[1]-Close[1]<0 && Open[2]-Close[2]>0 )

Note that with parameterless rules the short rule is always the logical inverse of the long rule.

In my seach, I am limiting the rule-set to 5 combinations and a lookback of 10 bars. Even so, there are 810551429688000 possible rules .

So, let's see.....

Best regards,

Old Dog

.
  • #564
  • Jun 15, 2014 8:42am Jun 15, 2014 8:42am
810 trillion??? Amazing Old Dog!
  • #565
  • Jun 15, 2014 8:43am Jun 15, 2014 8:43am
Quoting Old_Dog
{quote} Hi Pedma Nothing complicated really!! I started with the Price Action indy and simply changed the dots to bars for ease of chart reading. Then I experimented with some different rules until I found one that (I thought ) came close to Eurusdd's signals.... That's all! But now, having seen Tomcat's indy and others, I am not sure there is just "one rule". I think there may be many rule sets that will "work". The results of the search will help. The original Price Action indy has the long/short rules: if (Close<Open && Open>Low[i+2]...
Thank you very much Old_Dog,

It helps me much ...

thanks
-pedma
Good friends are more valuable than gold ...
  • #566
  • Jun 15, 2014 11:03pm Jun 15, 2014 11:03pm
Quoting crodzilla
Sorry, tiny but significant bug found... Please update to Version 7a. Thanks. Carl {file}
Thank you very much Carl,

will try it soon ...

Thanks,
-pedma
Good friends are more valuable than gold ...
  • #567
  • Jun 16, 2014 1:51am Jun 16, 2014 1:51am
fwiw based on probably my misguided interpretation....

On 4hr chart next up target is 1.3609 and down target is 1.3531

Those are the only two levels not met on current screen.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 23 KB
  • #568
  • Jun 16, 2014 7:46am Jun 16, 2014 7:46am
Quoting Old_Dog
I experimented with some different rules
Hi Old_Dog,

what kind of rules do you mean? Like some indicator value, something with previous bar´s OHLC, or what ?

Thx
  • #569
  • Jun 16, 2014 8:19am Jun 16, 2014 8:19am
Quoting crodzilla
Sorry, tiny but significant bug found... Please update to Version 7a. Thanks. Carl {file}
Hi Carl

Is it possible to create a version that has the TF facility that was in Tomcats original

It is mainly for the coloured drawing of the different TF lines on one chart by using many instances of this indie. I am currently drawing this manually by using V7a and scrolling through TF's, it repetitive and takes time and there may be patterns when looking at this on the 5 minute TF but with these various TF levels drawn manually.

See my previous post for an example http://www.forexfactory.com/showthread.php?p=7535058#post7535058

It would be fine to hide the text analysis on this chart as it would I presume overlap, another instance of the V7a indie can be running to get the stats when needed

I am not a programmer and have had a look at V7a and Tomcats on two screens but it doesnt jump out to me what to edit to put this feature in.

Thanks in advance if you can do this
  • #570
  • Jun 16, 2014 4:45pm Jun 16, 2014 4:45pm
Quoting TradeFinder
{quote} Hi Carl Is it possible to create a version that has the TF facility that was in Tomcats original It is mainly for the coloured drawing of the different TF lines on one chart by using many instances of this indie. I am currently drawing this manually by using V7a and scrolling through TF's, it repetitive and takes time and there may be patterns when looking at this on the 5 minute TF but with these various TF levels drawn manually. See my previous post for an example http://www.forexfactory.com/showthread.php?p=7535058#post7535058...
TradeFinder/All,

Attached is a quasi MTF version of the indicator (its a dirty version - no copying of arrays from other timeframes).
It acts just as weird as the single TF version.
Once all is set up, just switch timeframes back and forth, and all the data gets into the right buckets.

You have the option of turning off the screen comments, so you can just pick one timeframe you want to show stats for... or not.
The signal balls will only show up in the timeframe you are on.

I wanted to do some more, but I'm crunched for time right now.

Carl
Attached File(s)
File Type: mq4 !crodzilla-Price action V8-MTF.mq4   10 KB | 1,246 downloads
  • #571
  • Jun 17, 2014 1:03am Jun 17, 2014 1:03am
Quoting crodzilla
{quote} TradeFinder/All, Attached is a quasi MTF version of the indicator (its a dirty version - no copying of arrays from other timeframes). It acts just as weird as the single TF version. Once all is set up, just switch timeframes back and forth, and all the data gets into the right buckets. You have the option of turning off the screen comments, so you can just pick one timeframe you want to show stats for... or not. The signal balls will only show up in the timeframe you are on. I wanted to do some more, but I'm crunched for time right now....
Hi Carl

many thanks, I will use this and try to rationalise what I think I may be seeing drawing this mtf view manually

Hopefully with this consistency I can feedback as things become clearer
  • #572
  • Jun 17, 2014 5:41pm Jun 17, 2014 5:41pm
I have coded a hybrid indicator and expert advisor based on multimuis (http://forexfactory.com/multimuis) ideas. It uses FractalsDetector (http://forexfactory.com/showthread.php?t=481955) indicator to draw the lines. You can download it from the website of my profile (http://forexfactory.com/xux99).

Attached Image
  • #573
  • Jun 17, 2014 6:09pm Jun 17, 2014 6:09pm
Quoting xux99
I have coded a hybrid indicator and expert advisor based on multimuis (http://forexfactory.com/multimuis) ideas. It uses FractalsDetector (http://forexfactory.com/showthread.php?t=481955) indicator to draw the lines. You can download it from the website of my profile (http://forexfactory.com/xux99). {image}
Where to download..?? can not find any recent link under your profile..??
  • #574
  • Jun 17, 2014 6:15pm Jun 17, 2014 6:15pm
Look at the image of the website link.
Attached Image
  • #575
  • Jun 17, 2014 6:28pm Jun 17, 2014 6:28pm
Quoting xux99
I have coded a hybrid indicator and expert advisor based on multimuis (http://forexfactory.com/multimuis) ideas. It uses FractalsDetector (http://forexfactory.com/showthread.php?t=481955) indicator to draw the lines. You can download it from the website of my profile (http://forexfactory.com/xux99). {image}
Hi xux99,

Have you just applied the fractal detector to this threads concept or is there more going on behind the scenes?
  • #576
  • Jun 17, 2014 6:44pm Jun 17, 2014 6:44pm
Quoting xux99
Look at the image of the website link. {image}
Thank you..xux99.
  • #577
  • Jun 17, 2014 6:50pm Jun 17, 2014 6:50pm
The lines are drawn based on FractalsDetector, there are no additional entry rules.
  • #578
  • Jun 18, 2014 8:19am Jun 18, 2014 8:19am
Crodzilla,

I'm having a look at your indi and I wonder if you could tell me what is the concept behind the level where the colored points are positioned ?

I see they are below or above the signal candle, but always at a different distance from the high or low: what does that distance mean ?

I see that that level seems to be somehow attractive for price ?

Is that just a coincidence ?

Thank you

PS: don't know why I am facing a problem with uploading a screen, I hope you can understand what points I mean.
  • #579
  • Edited 10:03am Jun 18, 2014 8:59am | Edited 10:03am
Quoting crodzilla
{quote} TradeFinder/All, Attached is a quasi MTF version of the indicator (its a dirty version - no copying of arrays from other timeframes). It acts just as weird as the single TF version. Once all is set up, just switch timeframes back and forth, and all the data gets into the right buckets. You have the option of turning off the screen comments, so you can just pick one timeframe you want to show stats for... or not. The signal balls will only show up in the timeframe you are on. I wanted to do some more, but I'm crunched for time right now....
Great indicator Carl!

Seems to be much more flexible, but as I play around with the settings, the indi disappears off my chart (might be a bug). Anyone one experiencing the same thing?
  • #580
  • Jun 18, 2014 9:57am Jun 18, 2014 9:57am
Quoting Madmoney
{quote} Great indicator Carl! Seems to much more flexible, but as I play around with the settings, the indi disappears off my chart (might be a bug). Anyone one experiencing the same thing?
I had the same issue. Works fine at 240, but I tried 120 and everything disappeared.
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