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Tick separate volume trading - coder needed

  • #41
  • Apr 29, 2015 6:35pm Apr 29, 2015 6:35pm
thanks guys,
I'm testing the EA in several time frames and market times.
"In God we trust."
  • #42
  • Apr 29, 2015 9:52pm Apr 29, 2015 9:52pm
i was thinking of doing similar EA to this, thanks of the help!

Will test this tonight.
  • #43
  • Edited 5:14am Apr 30, 2015 1:35am | Edited 5:14am
Quoting techlover
Hello Traders, We all know the basic of trading " If Buyers are more than Sellers market will be in Buy" " If sellers are more than Buyers market will be in sell" i came across one Indi 'Tick separate volume Indi' and i have been with it from last month and it is giving amazing results , it is not like the others indicators which will predict the market , it is just the volume indicator which shows the volume of Buyers and sellers active in the current market , so from this information we can judge whether the market is BUY or Sell , I am...

I have a different view. IMO this is the basic of trading:

The price moves up because sellers are losing money
The price moves down because buyers are losing money
The winners are standing aside (no reason to close the trade)

It means we have to turn this around:
If there are more Buyers than Sellers the sellers are in control
If there are more Sellers than Buyers the buyers are in control

Of course, it does not mean one should sell in an up move or buy in a down move (:

The picture is quite different when you look at the price move in terms of a trade exit (when money is made / lost) rather than the trade entry (no loss - no gain)

Just my 2 cents. feel free to disregard.
  • #44
  • Apr 30, 2015 8:49am Apr 30, 2015 8:49am
cant get to work properly... i guess backward testing is not workable for this EA
  • #45
  • May 11, 2015 3:23pm May 11, 2015 3:23pm
Quoting MathTrader7
Here is the first version of the EA. It works according to the strategy mentioned by techlover. {file}
MathTrader I'm new to your EAs, do you ever release the mql file so we can experiment with different settings?

Would love to try this with some common MM settings.

SD
  • #46
  • May 11, 2015 4:26pm May 11, 2015 4:26pm
Quoting techlover
{quote} yes if we use M30 all the trades will be closed by the end of candle and reopens again if the condition met in next candle
Would you possibly want it to check if the tick count continues to meet the criteria so it could just leave it open (since its already covered the spread once), rather than close and reopen?
  • #47
  • Edited 7:41am May 21, 2015 7:10am | Edited 7:41am
Here is Version 1.20 of the EA that lets the user specify SL/TP and Trailing Stop.
Attached File(s)
File Type: ex4 MathTrader7_TVScalperEA.ex4   55 KB | 642 downloads
Trading is the hardest way to make easy money...
  • #48
  • May 21, 2015 7:38am May 21, 2015 7:38am
Quoting MathTrader7
Here is Version 1.20 of the EA that let the user specify SL/TP and Trailing Stop. {file}

Thank you Math
  • #49
  • May 21, 2015 11:55pm May 21, 2015 11:55pm
Quoting MathTrader7
Here is Version 1.20 of the EA that lets the user specify SL/TP and Trailing Stop. {file}
Hello MathTrader,


can u pls change Bid closing condition like , it is closing now wn the difference is "0" and new candle opening

so i want the bid shld be closed only for Tp or SL or trailing , so can u pls remove "0" condition

Opening condition shld be same
  • #50
  • May 22, 2015 2:35am May 22, 2015 2:35am
Quoting techlover
{quote} Hello MathTrader, can u pls change Bid closing condition like , it is closing now wn the difference is "0" and new candle opening so i want the bid shld be closed only for Tp or SL or trailing , so can u pls remove "0" condition Opening condition shld be same
In Version 1.2 the EA close a position only if price hits SL/TP.
Trading is the hardest way to make easy money...
  • #51
  • May 22, 2015 2:57am May 22, 2015 2:57am
Quoting MathTrader7
{quote} In Version 1.2 the EA close a position only if price hits SL/TP.
seems there is a bug in this version , when a bid is closed with TP/SL its not opening a new bid until we restart the mt4
  • #52
  • May 22, 2015 3:28am May 22, 2015 3:28am
Quoting techlover
{quote} seems there is a bug in this version , when a bid is closed with TP/SL its not opening a new bid until we restart the mt4
I'll check it. However it works fine on my VPS.

P.S. I have added trading hours filter. The EA won't trade outside the trading hours.
Trading is the hardest way to make easy money...
  • #53
  • May 22, 2015 3:37am May 22, 2015 3:37am
Quoting MathTrader7
{quote} I'll check it. However it works fine on my VPS. P.S. I have added trading hours filter. The EA won't trade outside the trading hours.
i have checked with trading hours filter only , however the first trade is taking perfectly , and after it is hitting SL /Tp , the Ea is not executing second trade , even it reach the trade opening criteria

if we restart the terminal it is taking the orders again that too only the first order again
  • #54
  • May 22, 2015 3:51am May 22, 2015 3:51am
Quoting techlover
{quote} i have checked with trading hours filter only , however the first trade is taking perfectly , and after it is hitting SL /Tp , the Ea is not executing second trade , even it reach the trade opening criteria if we restart the terminal it is taking the orders again that too only the first order again
In the EA, I disabled trading more than once on a bar. It may explain your experience...
Trading is the hardest way to make easy money...
  • #55
  • May 22, 2015 4:17am May 22, 2015 4:17am
Quoting MathTrader7
{quote} In the EA, I disabled trading more than once on a bar. It may explain your experience...
no dont disable that , because we are trading in higher times frames , it may open more than one trade in the same bar
  • #56
  • May 22, 2015 4:21am May 22, 2015 4:21am
Here is Version 1.21 of the EA that lets the user enable/disable trading once per a candle.
Attached File(s)
File Type: ex4 MathTrader7_TVScalperEA.ex4   122 KB | 754 downloads
Trading is the hardest way to make easy money...
  • #57
  • May 22, 2015 4:29am May 22, 2015 4:29am
Quoting MathTrader7
Here is Version 1.21 of the EA that lets the user enable/disable trading once per a candle. {file}

Perfect ! iam testing now with SL-20 and Tp-10 with difference as 5 in M30,will post the result here
  • #58
  • May 22, 2015 4:41am May 22, 2015 4:41am
Does anyone has a constant volume indicator in a separate window? I know of a commercial source. But I am looking for a free one.

Thanks in advance.
The market pays you to be disciplined
  • #59
  • May 22, 2015 5:01am May 22, 2015 5:01am
Quoting Mingary
{quote} I have a different view. IMO this is the basic of trading: The price moves up because sellers are losing money The price moves down because buyers are losing money The winners are standing aside (no reason to close the trade) It means we have to turn this around: If there are more Buyers than Sellers the sellers are in control If there are more Sellers than Buyers the buyers are in control Of course, it does not mean one should sell in an up move or buy in a down move (: The picture is quite different when you look at the price move in terms...

It's impossible to have more buyers than sellers or vice-versa. Behing every tick up or down, there is a seller and a buyer; otherwise there wouldn't be any transaction.

Short story: the prices moves up/down due to the agressivity of market participant but the whole story is the difference between liquidity wanted and liquidity available.

For example sellers may be more aggressive than buyers as they sell more contracts at the market than buyers BUT buy limit orders may be superior in size so selling agressivity is going to be absorbed. That's why sometimes price may be rising even if sellers are more agressive or vice-versa.

I like when you're saying:

Quote
If there are more Buyers than Sellers the sellers are in control If there are more Sellers than Buyers the buyers are in control

This is exactly correct.

As market is looking for volume, a rising price is looking for selling counterpart. It's like sellers are twisted buyers arm to make the price higher so they can sell at interesting prices.

My english is fucked up but I hope guys you get my point.
  • #60
  • May 22, 2015 5:04am May 22, 2015 5:04am
Quoting techlover
{quote} Perfect ! iam testing now with SL-20 and Tp-10 with difference as 5 in M30,will post the result here
Mine is so far breakeven...
Trading is the hardest way to make easy money...
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