How to correctly use Doji candlesticks to spot a reversal?
{quote} damn right my friend! my thoughts turn around a tick chart in combination with a bit extraordinary renko. was in the garden, now sun is away time for Brasil vs. Mexico but after the game i´ll sit in front of the editor
{quote} Good idea! Some panem et circenses ... well, maybe a liquid bread
{quote} damn right my friend! my thoughts turn around a tick chart in combination with a bit extraordinary renko. was in the garden, now sun is away time for Brasil vs. Mexico but after the game i´ll sit in front of the editor
{quote} vino bianco della casa
{quote} I really need to learn coding. With a bit of study I should think it wouldn't be too hard? ...maybe? lol I
extern string Stochastic = "Stochastic Settings";
extern int k=5;
extern int d=3;
extern int slowing=3;
int price_field=0;
int stoch_shift=0;
extern int OS=20; //Oversold
extern int OB=80; //Overbought
double smp=iStochastic(Symbol(),0,k,d,slowing,MODE_SMA,price_field,MODE_MAIN,[color=Red]2[/color]);
double smc=iStochastic(Symbol(),0,k,d,slowing,MODE_SMA,price_field,MODE_MAIN,[color=Red]1[/color]);
if (smp>OS&&smc<OS)return (buy);
if (smp<OB&&smc>OB)return (buy); ...
Overbought double smp=iStochastic(Symbol(),0,k,d,slowing,MODE_SMA,price_field,MODE_MAIN,2);
double smc=iStochastic(Symbol(),0,k,d,slowing,MODE_SMA,price_field,MODE_MAIN,1);
if (smp>OS&&smc<OS)return (buy);
if (smp<OB&&smc>OB)return (sell); // <--- corrections are free!
{quote} I understand that lot, in as much as I have been coding for years (no MT4 - just computers). The ordinary person stands no chance without spending some time on a basic programming course. Also I confess that I don't have any information on how to use the iStochastic() function. All the mess and gobble-de-gook that surrounds the main essence of the EA is extremely off-putting for virgin coders. The crux of the algorythm comes down to the two lines "if (some condition is true) then buy; if (some other condition is true) then sell;". Simplistically...
"The crux of the algorythm comes down to the two lines "if (some condition is true) then buy; if (some other condition is true) then sell;".
How's that for basic if/then? (And it didn't even require any peeks or pokes to make it appear on my screen) Hehe... I knew that statement of mine would yield a plethora of golden information.
{quote} I really need to learn coding. With a bit of study I should think it wouldn't be too hard? ...maybe? lol I'm working on a little tick project with just the tick charts and linear weighted ma's now. I'd love it if it could turn into something. Even in this basic state it shows some promise as a manual trading chart.
{quote} If we look back through just this thread alone, for what has been posted and what has been broomed to the recycle bin, you gain a solid idea of what I have said. Information? Misinformation? Confusion!!! Where I draw these little lines on my chart, others continue to say, it cannot be done...yet, I do it...can others? Not only can they, there have been an additional 60+ people to just download the largetimeframe indicator that I posted...because they want to learn how. They want to see if they can do it themselves... And they should! This...
{quote} first 100% agree to magix posting! Especially "Having a basic understanding of any trade logic, can be easier to grasp if you both think and test in Automation. Do you know how many less trade systems could be eliminated from FF just by automating and showing a backtest alone? Backtests are bullshit, but they can at least show the failure of the logic that is introduced." if you really want to start coding, just open the MT4 editor and look at the build in MACD or MA EA or indicators and try to understand line by line what there is written...
A massive and information packed reply which the lurkers would do well to mark... {quote} I am encouraged to resume my efforts. Some years ago I attempted to write an automatic trade execution script. I discovered two things; I did not know what I was doing trade-wise, and the coding language was really pants. {quote} This is exactly what I wrote to another member about a year ago. If you can write down in English (French or Swahili) exactly what you need to do, then you can code it. If you cannot write it down you are wasting your time trying to...
Continued... Same chart same lines... I was trading Oil Futures this morning and never looked at my AUD chart. What the hell... Well I'll be a....... Look where we're at again. Déjà vu dee do... Ok it's really getting comical now these dam Doji lines. The move from 5:30am EST to lunch time was almost +40. Even if you caught 20 of em with a few lots, would have been sweet. The market is cuckoo in a good way... Is it still indecision at this level weeks later, maybe S&R,...
.... Past price levels have nothing to do with, or effect on, today's....or tomorrow's price action....right? 
{quote} LOL.....but...but...wait....
Do ...you ....see ...what... I ... seeeeeee~~~~~~ Do you see what I seeeeeeee ~~~~~~~~ {image} http://www.youtube.com/watch?v=ADj-Ru3JQp0
