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Speedometer (Points/Sec)

  • #141
  • Jun 5, 2015 12:22pm Jun 5, 2015 12:22pm
Quoting tylerbose
{quote} hi MathTrader, does your indicator use buffer ?, so i can use iCustom. thanks
Yes, it does use buffers.
Trading is the hardest way to make easy money...
  • #142
  • Jun 5, 2015 12:46pm Jun 5, 2015 12:46pm
Quoting MathTrader7
{quote} Yes, it does use buffers.
alright, what number, please ?
i lose money for a living
  • #143
  • Jun 5, 2015 2:19pm Jun 5, 2015 2:19pm
Quoting tylerbose
{quote} alright, what number, please ?
Buffer 0 for green speeds and Buffer 1 for red speeds...
Trading is the hardest way to make easy money...
  • #144
  • Jun 5, 2015 2:28pm Jun 5, 2015 2:28pm
Quoting MathTrader7
{quote} Buffer 0 for green speeds and Buffer 1 for red speeds...
thanks man, you're the best
i lose money for a living
  • #145
  • Edited 4:32am Jun 8, 2015 3:02am | Edited 4:32am
Hi MathTrader7

thanks for sharing your indicator. I'm pretty new on FF but not on Forex.
I wonder why I can't get any values from buffer 0 and buffer 1 for shift 0.
I use something like this: value = iCustom(NULL,0,"MathTrader7_AccelerometerIN",100,"Speed",3.0,7,13,0.5,7,0.5,7,false,40,0,0)
Where is my mistake???

Also I wonder if your new EA works on TickChart, if not what is the best TF to trade on for your experience (if there is any)?

Thanks in advance for your work and replay
Attached Image (click to enlarge)
Click to Enlarge Name: value.jpg Size: 132 KB
  • #146
  • Jun 8, 2015 5:40am Jun 8, 2015 5:40am
Quoting sefrem
Hi MathTrader7 thanks for sharing your indicator. I'm pretty new on FF but not on Forex. I wonder why I can't get any values from buffer 0 and buffer 1 for shift 0. I use something like this: value = iCustom(NULL,0,"MathTrader7_AccelerometerIN",100,"Speed",3.0,7,13,0.5,7,0.5,7,false,40,0,0) Where is my mistake??? Also I wonder if your new EA works on TickChart, if not what is the best TF to trade on for your experience (if there is any)? Thanks in advance for your work and replay {image}
Hello sefrem,
Buffer 0 in MathTrader7_AccelerometerIN indicator is not used.
Which EA of mine are you referring to as "new EA"?
Trading is the hardest way to make easy money...
  • #147
  • Jun 8, 2015 5:45am Jun 8, 2015 5:45am
Quoting MathTrader7
{quote} Hello sefrem, Buffer 0 in MathTrader7_AccelerometerIN indicator is not used. Which EA of mine are you referring to as "new EA"?
Hi Math

what buffers do you use in MathTrader7_AccelerometerIN? And referring to my above image, shouldn't I see values >0.00 on the yellow circle?
For your new EA I was referring to the EA you posted the statements (results).

Could be interesting adding the n. of thicks passing for each second??? (just an idea)

Thanks
  • #148
  • Jun 8, 2015 5:56am Jun 8, 2015 5:56am
Quoting sefrem
{quote} Hi Math what buffers do you use in MathTrader7_AccelerometerIN? And referring to my above image, shouldn't I see values >0.00 on the yellow circle? For your new EA I was referring to the EA you posted the statements (results). Could be interesting adding the n. of thicks passing for each second??? (just an idea) Thanks
By saying "Buffer 0", I meant the index zero of Buffer 0 is not used.
I think you refer to my SpeedometerEA, which I attach to M1 charts for trading.
Trading is the hardest way to make easy money...
  • #149
  • Edited 6:29am Jun 8, 2015 6:08am | Edited 6:29am
Quoting MathTrader7
{quote} By saying "Buffer 0", I meant the index zero of Buffer 0 is not used. I think you refer to my SpeedometerEA, which I attach to M1 charts for trading.
I apologize Math, I'm a little dumb...

can you explain how histogram is drawn?? And what about ticks?

last: the indi measures speed and accell. on 1 seconds. Could it be possible user define the period of seconds? (not just "1" sec but "X" secs)?

last-last: and have the number of average speed for the past "X" minutes (or seconds)?

Thanks a lot
  • #150
  • Jun 8, 2015 6:26am Jun 8, 2015 6:26am
Quoting MathTrader7
{quote} By saying "Buffer 0", I meant the index zero of Buffer 0 is not used. I think you refer to my SpeedometerEA, which I attach to M1 charts for trading.
can i ask you what formula did you use to get the speed ? i know that it is pip movement/time but how does that translate in mql4 code ? thanks
i lose money for a living
  • #151
  • Edited 1:59pm Jul 1, 2015 1:41pm | Edited 1:59pm
Quoting tylerbose
{quote} can i ask you what formula did you use to get the speed ? i know that it is pip movement/time but how does that translate in mql4 code ? thanks
You can use Refresh interval like,
Refresh every 30 seconds. So you will able to detect abnormalities.
You can wait for abnormal spikes in to Highs and Lows ( Buy & Sell zones) and taking counter entry with a tight sl for a big reward...

Its Called Action and Reaction..
More faster it jumps , More faster it will reacted....

For reaction there should be order...


Orders are placed in high / low / SR / Pivots etc....Q
Attached Image(s) (click to enlarge)
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Take it easy.
  • #152
  • Nov 9, 2015 3:51am Nov 9, 2015 3:51am
I've been searching for this indicator and finally I found it. Sincerely thank to the one who coded it.
We can test it with Vhandtrade ea right here http://www.forexfactory.com/showthread.php?t=60849
- Pair: USDJPY
- Timeframe: H1 or any timeframe you like
- Model: Every Tick
- Max Speed: 32
I found that price movement in one bar really move in waves (Elliott Wave may be applied)
Follow the direction that is accelerating and the result is noticeable.
  • #153
  • Dec 15, 2015 8:43am Dec 15, 2015 8:43am
Quoting MathTrader7
Here I am sharing an indicator (may be turn out to be an EA later) that calculates and visualizes the speed of the price in points per second. There is a threshold that the user can specify to activate a sound alert. I'm doing some experiment with this indicator for extreme scalping. It may be of your interest if you are, like me, a fan of scalping 1 to 2 pips per trade. Note: At the start up, the indicator needs to collect a few ticks before visualizing the speed. --- Update 2 2015-05-05 --- Version 1.60 released. The histogram of the indicator...
I'm using the speedometer indy and thought it would be a good option to choose a net speed bar above the zero line. So If bull speed was higher than bear speed the net bar would show bull speed -/- bear speed. This would make a great visual tool because you can see the result of speed in each period.
  • #154
  • Mar 11, 2016 12:59pm Mar 11, 2016 12:59pm
The results of trading on 3 major Forex pairs by the latest EA I developed to scalp based on speed of pips per seconds, 71% profit versus 7.1% DD in one day! Lucky EA or Holy Grail?
Attached Image (click to enlarge)
Click to Enlarge Name: speedometer_EA_FT.png Size: 33 KB
Trading is the hardest way to make easy money...
  • #155
  • Mar 11, 2016 2:23pm Mar 11, 2016 2:23pm
Quoting MathTrader7
The results of trading on 3 major Forex pairs by the latest EA I developed to scalp based on speed of pips per seconds, 71% profit versus 7.1% DD in one day! Lucky EA or Holy Grail? {image}
Very interesting! I wonder how it would do on a live account. Tell us more - enquiring minds would like to know.
  • #156
  • Mar 11, 2016 2:36pm Mar 11, 2016 2:36pm
Looks very interesting.......
  • #157
  • Mar 11, 2016 3:01pm Mar 11, 2016 3:01pm
Quoting ChicagoRob
{quote} Very interesting! I wonder how it would do on a live account. Tell us more - enquiring minds would like to know.
I'll open a live account to test this EA, since I don't want it to possibly blow up my working live account. And I'll report the results.
The EA holds profitable trades for minimum 3 to maximum 90 seconds, and losing trades until it recovers (by a change in the market direction) or stop loss hits. And I'm not sure whether such quick scalping would be against my broker's terms and conditions.
Trading is the hardest way to make easy money...
  • #158
  • Mar 12, 2016 3:00am Mar 12, 2016 3:00am
Quoting MathTrader7
{quote} I'll open a live account to test this EA, since I don't want it to possibly blow up my working live account. And I'll report the results. The EA holds profitable trades for minimum 3 to maximum 90 seconds, and losing trades until it recovers (by a change in the market direction) or stop loss hits. And I'm not sure whether such quick scalping would be against my broker's terms and conditions.
I've got my eyes over you
  • #159
  • Mar 12, 2016 3:42am Mar 12, 2016 3:42am
Quoting MathTrader7
{quote} I'll open a live account to test this EA, since I don't want it to possibly blow up my working live account. And I'll report the results. The EA holds profitable trades for minimum 3 to maximum 90 seconds, and losing trades until it recovers (by a change in the market direction) or stop loss hits. And I'm not sure whether such quick scalping would be against my broker's terms and conditions.
mt, would you mind sharing your entry criteria? Stop orders on acceleration and limits when speed/acc decreases?
  • #160
  • Mar 12, 2016 11:55pm Mar 12, 2016 11:55pm
Quoting MathTrader7
{quote} I'll open a live account to test this EA, since I don't want it to possibly blow up my working live account. And I'll report the results. The EA holds profitable trades for minimum 3 to maximum 90 seconds, and losing trades until it recovers (by a change in the market direction) or stop loss hits. And I'm not sure whether such quick scalping would be against my broker's terms and conditions.
You should be right with ICMarkets, hopefully
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