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Come Surfing Fx With Me System

  • #1,721
  • May 18, 2015 3:41am May 18, 2015 3:41am
Hi Sai Ram,

Just one more question: How can the Fisher be so much faster than the price ?

I highly appreciate that you share your system with us and I don't critisize at all. I see the system evolving and try to contribute in this process. I just provide input and if you think I'm wrong please don't hesitate to let me know. I need to learn a lot.

Before I forget ... a candidate to replace the Fisher ?

Best, Verified
Attached File(s)
File Type: ex4 SS2009_B v1.01.ex4   9 KB | 299 downloads
  • #1,722
  • May 18, 2015 3:56am May 18, 2015 3:56am
Go Long --EU-- on Range Bars -- 10 pips --M2

Now, I'm waiting Renko signal entry

Btw, VQI is the best. Because the alert is awesome. Take VQI instead of Trendwave


If you want to try Range Bars then put in EXPERT mt4


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MyTemplate.png Size: 123 KB
Attached File(s)
File Type: ex4 s-Constant Range Bars.ex4   15 KB | 278 downloads
File Type: ex4 s-Renko+bars.ex4   16 KB | 293 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #1,723
  • May 18, 2015 4:17am May 18, 2015 4:17am
Quoting sriloba
Go Long --EU-- on Range Bars -- 10 pips --M2 Now, I'm waiting Renko signal entry Btw, VQI is the best. Because the alert is awesome. Take VQI instead of Trendwave If you want to try Range Bars then put in EXPERT mt4 Sai Ram {image} {file} {file}
Good - for the VQI. It is a clone of the #Pallada VQI and has been developed by mladen, a well known guy in the developer's scene. I worked on it to make the histogram ( optional now ) and implemented #property strict. Property strict is a Compiler flag which helps to write clean code. It does not tolerate mistakes like pointing out of an array and a lot more. Code compiled like this is supposed to work stable because the developer is forced to code more clean.

Here is the source.

Best, Verified.

P.S. Please check the SS2009 when you find the time !
Attached File(s)
File Type: mq4 VQI.mq4   13 KB | 373 downloads
  • #1,724
  • May 18, 2015 4:21am May 18, 2015 4:21am
Quoting verified
{quote} Good - for the VQI. It is a clone of the #Pallada VQI and has been developed by mladen, a well known guy in the developer's scene. I worked on it to make the histogram ( optional now ) and implemented #property strict. Here is the source. Best, Verified. P.S. Please check the SS2009 when you find the time ! {file}
Now, I'm putting SS2009 in action with lookback : 10

It is pretty good. You can replace Fisher to SS2009 . For me it is no problem.

Btw, thank you for your valuable contribution.

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,725
  • May 18, 2015 4:38am May 18, 2015 4:38am
Quoting sriloba
{quote} Now, I'm putting SS2009 in action with lookback : 10 It is pretty good. You can replace Fisher to SS2009 . For me it is no problem. Btw, thank you for your valuable contribution. Sai Ram
Again, thank you very much !

Here is the code of the SS2009_B. IMO it's a good indicator ( repainting as well ) and it had a huge performance problem when I got it. The author is unknown to me. Performance problem is solved and again, property strict.

I will write another posting with the updated rules and one more question.

Best, verified.
Attached File(s)
File Type: mq4 SS2009_B v1.01.mq4   4 KB | 373 downloads
  • #1,726
  • May 18, 2015 4:45am May 18, 2015 4:45am
Quoting verified
{quote} Again, thank you very much ! Here is the code of the SS2009_B. IMO it's a good indicator ( repainting as well ) and it had a huge performance problem when I got it. The author is unknown to me. Performance problem is solved and again, property strict. I will write another posting with the updated rules and one more question. Best, verified. {file}
Wow! IT MAN is IT MAN. What can I say.

Good luck

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,727
  • Edited 5:05am May 18, 2015 4:47am | Edited 5:05am
Hi,

So, here are the updated rules:

1) We need the H4 trend ( 5e/10e H4 TrendBand ). We never trade against this trend. Lets say this trend is up now and we want to trade long.
2) We look for a reversal candle formation. After a bearish candle we get 2 consecutive bullish candles. This triggers now:
3) We look for the current trend ( 5e/8s Current TrendBand ). It must be up as well.
4) Both SS2009_B and MACD must be up.
5) All of the conditions above must be in place short after a we got a corresponding VQI signal. Short = no longer than 3 candles ago. We do not enter on candle number 4 or later.

Rule #6 is no rule a computer can identify. We need to be more precise here:

6) The lower the price is in the TMA bands, the better it is.

We have 4 TMA bands. Every TMA band ( channel ) can have a center, upper and lower line. The price can be above, below, inside, outside or cross something. Could you please try to develop one or more related rules which can be coded when you find the time ?

*** trading short is just reversed.

Please don't hesitate to change everything you want to change.

Thank you and Best Regards, Verified.

P.S. I still need to formulate the SL and TP rules. When I think I understood I will update the rules again.
  • #1,728
  • May 18, 2015 4:55am May 18, 2015 4:55am
Wow! I've just missed a trade on Renko signal entry-- M6, 6pips box size.

I went to make a coffee. But I have made one trade on Range Bars

Now, in Montreal, Canada, the weather is beautiful, 5:56 am ET


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,729
  • May 18, 2015 5:08am May 18, 2015 5:08am
EU closed manually +14 pips because price bounces on the middle channel.

If price does a clean break on the middle channel I would let the trade continues .


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: MyTemplate.png Size: 119 KB
Being a fxtrader is not easy. Ones must working hard.
  • #1,730
  • May 18, 2015 5:23am May 18, 2015 5:23am
Quoting sriloba
EU closed manually +14 pips because price bounces on the middle channel. If price does a clean break on the middle channel I would let the trade continues . Sai Ram {image}
Could you please post your latest indicators and template? Much appreciated. Looking forward to Verified's EA version
  • #1,731
  • May 18, 2015 5:24am May 18, 2015 5:24am
Quoting verified
Hi, So, here are the updated rules: 1) We need the H4 trend ( 5e/10e H4 TrendBand ). We never trade against this trend. Lets say this trend is up now and we want to trade long. 2) We look for a reversal candle formation. After a bearish candle we get 2 consecutive bullish candles. This triggers now: 3) We look for the current trend ( 5e/8s Current TrendBand ). It must be up as well. 4) Both SS2009_B and MACD must be up. 5) All of the conditions above must be in place short after a we got a corresponding VQI signal. Short = no longer than 3 candles...
LONG TRADE RULEs

i) Trend H4 is up (blue bar) -- 5/10 ema cross up

ii) We wait for price to retrace by looking the SS2009 is red ( when SS2009 is red means the retracement is processing....)

iii) Go long, when 5e/8s MA (represents price's momentum) cross up (blue bar) confirmed by :

iii_a) Macd bar blue + SS2009 turns blue + VQI blue -- All are blue before entering a trade

In sum the conditions to go long -- Trend H4 + price's momentum (5/8) + Macd + SS2009 + VQI are blue --

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,732
  • May 18, 2015 5:31am May 18, 2015 5:31am
Quoting gwindy
{quote} Could you please post your latest indicators and template? Much appreciated. Looking forward to Verified's EA version
Voila
Attached File(s)
File Type: tpl ComeSurfingFxWithMe.tpl   8 KB | 356 downloads
File Type: rar ComeSurfingFxWithMe_Indicators.rar   114 KB | 373 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #1,733
  • Edited 5:46am May 18, 2015 5:36am | Edited 5:46am
Quoting sriloba
Wow! I've just missed a trade on Renko signal entry-- M6, 6pips box size. I went to make a coffee. But I have made one trade on Range Bars Now, in Montreal, Canada, the weather is beautiful, 5:56 am ET Sai Ram
I am sorry for this.

I have quite some experience with automation in general and a little bit with trading automation as well ( the latter I learned mainly by developing my own EA ). It started as a small project and in the meantime it's big already, nothing is gererated or copied, everything is coded by myself very carefully and we talk about more than 4000 source ( program code ) lines as we speak. Without the supporting indicators. I realized quickly that the exit of a trade is much more complex than the entry. It's about letting winners run and cutting losers short, a thing the human brain can do but a machine can have a hard time with this. I don't say it does not work but I say it's far away from very good.

This is the reason why I want to take this semi-automated approach now. The system should scan for opportunities and if you permit it enter the trade. IMO it would always be better when you close the trade manually but if you wish, the system can do for you as well by making compromises in efficiency.

I honestly believe this is the way to go.

Best, Verified.
  • #1,734
  • May 18, 2015 5:48am May 18, 2015 5:48am
Quoting verified
{quote} I am sorry for this. I have quite some experience with automation in general and with trading automation as well ( the latter I learned mainly based on my own EA ). It started it as a small project and in the meantime it's big already, nothing is gererated or copied, everything is coded by myself very carefully and we talk about more than 4000 source ( program code ) lines as we speak. Without the supporting indicators. I realized quickly that the exit of a trade is much more complex than the entry. It's about letting winners run and cutting...
Yes I completely agree with you. When we have a good profit we can put stop lost and let's the trade runs. When I decide to take 14 pips from the market because most of the time when EU goes up 20 or 25 pips then it retraces.

I think your analysis makes a lot of senses. Do it like that.

Btw EU goes up.


Say Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,735
  • Edited 6:51am May 18, 2015 6:30am | Edited 6:51am
Quoting sriloba
{quote} LONG TRADE RULEs i) Trend H4 is up (blue bar) -- 5/10 ema cross up ii) We wait for price to retrace by looking the SS2009 is red ( when SS2009 is red means the retracement is processing....) iii) Go long, when 5e/8s MA (represents price's momentum) cross up (blue bar) confirmed by : iii_a) Macd bar blue + SS2009 turns blue + VQI blue -- All are blue before entering a trade In sum the conditions to go long -- Trend H4 + price's momentum (5/8) + Macd + SS2009 + VQI are blue -- Sai Ram
Hi Sai Ram,

You think we should skip the TMA channel ? Hmm ... why not simply check if the price is above ( for short ) or below ( for long ) the centerline, just for the peace of mind . One TMA channel ( period 56 ) would be enough for this.

Would it hurt ? It's your system. This criteria ( rule ) is not from myself.

Best, Verifed.
  • #1,736
  • Edited 7:12am May 18, 2015 6:58am | Edited 7:12am
Quoting verified
{quote} Hi Sai Ram, You think we should skip the TMA channel ? Hmm ... why not simply check if the price is above ( for short ) or below ( for long ) the centerline, just for the peace of mind . One TMA channel ( period 56 ) would be enough for this. Would it hurt ? It's your system. This criteria ( rule ) is not from myself. Best, Verifed.
Yes, you just remind me about the channel. I want to do that because it gives opportunities to the people to trade. The middle of the channel is important and it acts like

support and resistant. We buy when price is below the middle channel and we sell when price is above the middle channel.

I will put the whole channel in light color when I want to scalp sometimes.

Good work, Verified.

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,737
  • Edited 7:23am May 18, 2015 7:13am | Edited 7:23am
Quoting sriloba
{quote} Yes, you just remind me about the channel. I want to do that because it gives room to the people to trade. Good work, Verified. Sai Ram

Ok, here we have it:

1) We need the H4 trend ( 5e/10e H4 TrendBand ). We never trade against this trend. Lets say this trend is up now and we want to trade long.
2) We look for a reversal candle formation. After a bearish candle we get 2 or 3 consecutive bullish candles. This triggers now:
3) We look for the current trend ( 5e/8s Current TrendBand ). It must be up as well.
4) Both SS2009_B and MACD must be up.
5) Price must be below the 56 period TMA centerline.
6) All of the conditions above must be in place after a we got a corresponding VQI signal. If this signal occured not a short time ago, we don't enter the trade. We only can enter immediately after retrace and consecutive candle #2 or candle #3 is closed ( candle #1 will never occur due to the nature of all other indicators ). We never enter after closed candle number 4 or later.

*** trading short is just reversed.

It's my responsibility now to come up with SL and TP rules, I guess they are posted already. Please, whenever you want, change the rules according to your experience. I just needed this we have elaborated to have a starting point which I have now. Whenever you think I might be wrong, please let me know. The EA is open for changes.

Best Regards,
Verified
  • #1,738
  • May 18, 2015 7:20am May 18, 2015 7:20am
Quoting verified
{quote} Ok, here we have it: 1) We need the H4 trend ( 5e/10e H4 TrendBand ). We never trade against this trend. Lets say this trend is up now and we want to trade long. 2) We look for a reversal candle formation. After a bearish candle we get 2 or 3 consecutive bullish candles. This triggers now: 3) We look for the current trend ( 5e/8s Current TrendBand ). It must be up as well. 4) Both SS2009_B and MACD must be up. 5) Price must be below the 56 period TMA. 6) All of the conditions above must be in place after a we got a corresponding VQI signal....
I think the specifications are more conservative than mine which are good because we don't want to enter a trade at the top or bottom. We enter a trade when the move is stable.

Wow! for me it seems wonderful once the product is finished.

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #1,739
  • May 18, 2015 7:55am May 18, 2015 7:55am
Quoting verified
{quote} Ok, here we have it: 1) We need the H4 trend ( 5e/10e H4 TrendBand ). We never trade against this trend. Lets say this trend is up now and we want to trade long. 2) We look for a reversal candle formation. After a bearish candle we get 2 or 3 consecutive bullish candles. This triggers now: 3) We look for the current trend ( 5e/8s Current TrendBand ). It must be up as well. 4) Both SS2009_B and MACD must be up. 5) Price must be below the 56 period TMA centerline. 6) All of the conditions above must be in place after a we got a corresponding...
Hi Verified, could I suggest a Break Even and Trailing Stop/Step option. Just a suggestion Awesome work by the way.
  • #1,740
  • Edited 8:44am May 18, 2015 8:05am | Edited 8:44am
Quoting gwindy
{quote} Hi Verified, could I suggest a Break Even and Trailing Stop/Step option. Just a suggestion Awesome work by the way.
Hi Gwindy,

It's already in the EA, but how can I talk about it by even not having defined SL and TP rules . It can handle BE and trailing stops. However, I did a different approach here. It's a "floating" SL ( it follows the max achieved pips of the trade point by point at a predefined distance ) and the trailing stops are not always updated on the broker side, only the important ones like BE or moves more than one brick size. This way I get rid of huge network traffic and scalping claims by the broker and this way I can handle a stop loss even when it's less than the minimum stop loss requirement of a broker ( if there is one ). Downside of this method: If the network breaks or the MT4 terminal, the EA has no more control about it's local current ( = "floating" ) trailing SL and only the updated SL on the broker side is valid ( which always respects minimum distance requirements of the broker ). However, I think the advantages outperform the disadvantages of the concept.

Best Regards and thanks, V.
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