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Dashboard Trading

  • #7,321
  • Aug 22, 2015 2:09am Aug 22, 2015 2:09am
Quoting Tonynewbie
{quote} I did it manually after Dash took the trade. Will try it with built in trail SL in the Dash next week. Thanks.
Ma'Kasih teman. -Jason
  • #7,322
  • Aug 22, 2015 2:48am Aug 22, 2015 2:48am
Quoting bapakjason
Quoting Bernhard
{quote} excellent, may you share your set file? so we can learn from it. Mine were not so good, it went in DD later so nothing to share here. It was only yesterday good after LO. {quote} here is the set I used. I am only using the DASH to pick some entries for me. when I am happy with the number of entries i deactivate the DASH's capability to make any more trades (despite any of the settings, even if it says "2 trades per pair" and I only have one trade on that pair). then, i just let the market run with it. most trades
...
thank you very much. this your settings I see the important. I post here for easy discussion

Maxspread=2.5

trigger_use_ash1=true

trigger_use_bidratio=true
trigger_use_relstrength=true
trigger_use_buysellratio=true

trigger_use_syncindex=true

ashperiod1=30

jibalaalign=3

trigger_buy_bidratio=75.0
trigger_buy_maxbidratio=96.5
trigger_sell_bidratio=8.5
trigger_sell_minbidratio=2.5

MaxTrades=2
MaxTotalTrades=6
OnlyAddProfit=true
MaxTradesSession=2
minpipdistance=4.5

edit:
why is used trigger_sell_bidratio much lower then compared trigger_buy_bidratio? If I compare trigger_buy_bidratio 75 then trigger_sell_bidratio should be 25? (scale is from 0 to 100 if I am not wrong, HP?)
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #7,323
  • Aug 22, 2015 3:09am Aug 22, 2015 3:09am
Quoting bapakjason
{quote} Good result. How can we use the DASH trailing setting to trail these entries? Any ideas? Thanks -Jason
Hi Jason, because of the nice profits i was thinking about the same, i think an initial SL should be wide (look at the DD) and maybe later on get smaller as it goes your way.
Another way is to set basket TP/SL, maybe R:R 1:2 will do.
Persistence will get it. Consistency will keep it.
  • #7,324
  • Aug 22, 2015 3:31am Aug 22, 2015 3:31am
Quoting Bernhard
{quote}{quote} thank you very much . . . edit: why is used trigger_sell_bidratio much lower then compared trigger_buy_bidratio? If I compare trigger_buy_bidratio 75 then trigger_sell_bidratio should be 25? (scale is from 0 to 100 if I am not wrong, HP?)
I posted this bid ratio indi on July 30.
http://www.forexfactory.com/attachme...5&d=1438266630
Put this on a chart and watch price action. Then, you can see where you like to set it, because you will see on the chart what the daily bid ratio is when price action is the way you like to sell. (You may decide you like 25, I did not.) Hope this helps. -Jason
  • #7,325
  • Aug 22, 2015 4:14am Aug 22, 2015 4:14am
Quoting bapakjason
{quote} I posted this bid ratio indi on July 30. http://www.forexfactory.com/attachme...5&d=1438266630 Put this on a chart and watch price action. Then, you can see where you like to set it, because you will see on the chart what the daily bid ratio is when price action is the way you like to sell. (You may decide you like 25, I did not.) Hope this helps. -Jason
thanks.
indeed eurusd looks very very exhausted all over 99%
this number could they be shown as a indicator line?
then maybe we could make a template to see what the dash see?
Attached Image
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #7,326
  • Aug 22, 2015 4:24am Aug 22, 2015 4:24am
Quote
edit:
why is used trigger_sell_bidratio much lower then compared trigger_buy_bidratio? If I compare trigger_buy_bidratio 75 then trigger_sell_bidratio should be 25? (scale is from 0 to 100 if I am not wrong, HP?)

Looks like one of my testvalues.
25 should be about right.
info@metacharttools,com
  • #7,327
  • Aug 22, 2015 4:37am Aug 22, 2015 4:37am
The last fundamental calls (I get them from a friend after NYO it was buy E Chf, sell N J G Cad). Thats why i like to add manual directions
Attached Image (click to enlarge)
Click to Enlarge Name: j3F73i6.png Size: 118 KB
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #7,328
  • Aug 22, 2015 4:39am Aug 22, 2015 4:39am
Quote
MinPIPsl=
Quote
0.0pips Stoploss Minimum in Pips
MinPIPtp=0.0pips Take Profit Minimum in Pips
trailingtype=1 (Take Profit Must be 0.0pips )
starttrail=10.0pips
traildistance=5.0pips
trailstep=1.0pips

MinPIPsl and MinPIPtp are set to the minimum values your broker allows.

Very rudimentary trailing.
Starts at 10 pips profit then set the SL 5 pips behind the current price and every extra pip profit shifts the SL also a pip.
Distance for a reversal is always 5 pips when trailing.

If the system has any merit i will take the broker set tp/sl out and handle it internally.
info@metacharttools,com
  • #7,329
  • Aug 22, 2015 5:53am Aug 22, 2015 5:53am
Quoting Hotpotato
{quote}{quote} MinPIPsl and MinPIPtp are set to the minimum values your broker allows. Very rudimentary trailing. Starts at 10 pips profit then set the SL 5 pips behind the current price and every extra pip profit shifts the SL also a pip. Distance for a reversal is always 5 pips when trailing. If the system has any merit i will take the broker set tp/sl out and handle it internally.
What is trailing type = 2 or 3 or 4 ? Does it change the style of trail?
If there are 2 trades open before 10 pips, what happens with the trail stop? Thanks. -Jason
  • #7,330
  • Aug 22, 2015 5:59am Aug 22, 2015 5:59am
Quoting bapakjason
{quote} What is trailing type = 2 or 3 or 4 ? Does it change the style of trail? If there are 2 trades open before 10 pips, what happens with the trail stop? Thanks. -Jason
Very rudimentary so 2,3,4 not implemented.
1 is on a trade by trade basis.
info@metacharttools,com
  • #7,331
  • Aug 22, 2015 6:09am Aug 22, 2015 6:09am
Quoting Hotpotato
{quote} Very rudimentary so 2,3,4 not implemented. 1 is on a trade by trade basis.
trade by trade will get the job done. curious to see it in action now.
  • #7,332
  • Edited 9:19am Aug 22, 2015 7:14am | Edited 9:19am
.
nesta
  • #7,333
  • Aug 22, 2015 7:51am Aug 22, 2015 7:51am
Quoting crebcreb
Hi Folks I run the EA in a new laptop with 64 bits, every thing goes ok until I install an indicator in all the different charts, then the MT4( v.840) freezes or goes extremely slow, I had change max bar in history/ chart to the minimum but does not help If anybody has ideas to solve this trouble please let me know it Thank you good people
Looks like we have to guess....it it the "Get Rich Really Quick v1.00" indicator ?
info@metacharttools,com
  • #7,334
  • Aug 22, 2015 8:11am Aug 22, 2015 8:11am
Quoting bapakjason
{quote} Good result. How can we use the DASH trailing setting to trail these entries? Any ideas? Thanks -Jason
Yes here is some idea:
we dont use any TP or SL

entry is as known for example
trigger_buy_bidratio=75.0 buy

then we stop to add trades
trigger_buy_maxbidratio=95 stop buying (block)

trades will be closed at a trigger like
trigger_buy_close_bidratio=55.0 close longs

we wait to arrive at a resume point like
trigger_buy_release_bidratio=50.0 block release

if trend resume and we hit 75 again, we repeat
trigger_buy_bidratio=75.0 long again or

similar for shorts
trigger_sell_bidratio=25.0 short
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #7,335
  • Edited 9:41am Aug 22, 2015 8:56am | Edited 9:41am
Quoting Bernhard
{quote} Yes here is some idea: we dont use any TP or SL entry is as known for example trigger_buy_bidratio=75.0 buy then we stop to add trades trigger_buy_maxbidratio=95 stop buying (block) trades will be closed at a trigger like trigger_buy_close_bidratio=55.0 close longs we wait to arrive at a resume point like trigger_buy_release_bidratio=50.0 block release if trend resume and we hit 75 again, we repeat trigger_buy_bidratio=75.0 long again or similar for shorts trigger_sell_bidratio=25.0 short
Interesting idea Bernhard.
I'll tell you why.
For me (U.S.) the CFTC 'rules' (FIFO, OTO)
have corrupted/eliminated MANY strategies concerning TP and SL/trade management. I hate it.
FXCM 'groups' ALL TP's and SL's of same pair multi trades. You cannot 'stagger' your exits or take profits.
It keeps 'bumping' a 'close all' stop BEHIND the most recent entry.
It keeps 'bumping' a TP 'out of reach' by imposing/assigning the TARGET of (only) the most recent entry and assigns it to 'ALL'.
It literally ruins all attempts at good trade management of capturing incremental profits and staggering stops.

I doubt whether the 'simple' trailing stop in the db will work (for me). My broker will 'override' it.

So... the 'method' YOU''RE describing would work (for me)
and at the same time...
be a 'dynamic' trade management system. At least for good 'stop' management...
if it could be used (in some similar way) for TP...
then 'my' problems would be reduced a great deal.
Your idea is still a 'close all' method..
but
it remains 'internal' and doesn't 'input' the 'close order' to the broker until the dynamic threshold is 'hit'.
aka... NO SL's for my Broker to mess with.
I like it.
-----------------------------
I'll mention something else at this point... it's related
We all use 1440 as the default choice for the bidratio and it seems a good choice.
but
I've experimented w/ the other 2 choices: 4H and 1H (which might come into play w/ your idea)
but
though they DO make the bidratio more 'sensitive'...
the % calculations get REALLY wacky.... like on the 1H setting you can get 200% - 450% showing up.. fwiw.
"You Never Know.....Until You Find Out."
  • #7,336
  • Aug 22, 2015 10:19am Aug 22, 2015 10:19am
Quoting Bernhard
{quote} Yes here is some idea: we dont use any TP or SL entry is as known for example trigger_buy_bidratio=75.0 buy then we stop to add trades trigger_buy_maxbidratio=95 stop buying (block) trades will be closed at a trigger like trigger_buy_close_bidratio=55.0 close longs we wait to arrive at a resume point like trigger_buy_release_bidratio=50.0 block release if trend resume and we hit 75 again, we repeat trigger_buy_bidratio=75.0 long again or similar for shorts trigger_sell_bidratio=25.0 short
yes. Very interesting idea.
Stay hungry to be free...
  • #7,337
  • Edited 11:21am Aug 22, 2015 10:50am | Edited 11:21am
Hi Jibala
When add the currencies to the indicator. The information exchange a few pair . Possible. Submit the correct information indicating that
How can the numbers M15. Instead of the H1 ?
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled100.png Size: 215 KB
  • #7,338
  • Aug 22, 2015 11:35am Aug 22, 2015 11:35am
Quoting goldenequity
{quote} Interesting idea Bernhard. ----------------------------- I'll mention something else at this point... it's related We all use 1440 as the default choice for the bidratio and it seems a good choice. but I've experimented w/ the other 2 choices: 4H and 1H (which might come into play w/ your idea) but though they DO make the bidratio more 'sensitive'... the % calculations get REALLY wacky.... like on the 1H setting you can get 200% - 450% showing up.. fwiw.
please give more details. I tried also with h4 but didn't continue to look after results. what exactly will happen if we do h4 or h1 or even m15 we get a scalper ??
how was your settings?
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #7,339
  • Aug 22, 2015 1:07pm Aug 22, 2015 1:07pm
Quoting Bernhard
{quote} please give more details. I tried also with h4 but didn't continue to look after results. what exactly will happen if we do h4 or h1 or even m15 we get a scalper ?? how was your settings?
No... I don't think it would work like that... like I said... the % becomes crazeee @ 1H
but.. think about this:
Once you tie Trade Management to something 'dynamic' like the bidratio..
then
Consider a pull-back type entry scenario...
instead of launching an entry on a SINGLE trip lever... (often at the 'peak' of a PA 'push')

With a dynamic like the bidratio you can do it in 2 sequences...
(LOAD) the first push hits a bid ratio % that 'qualifies' the pair for an entry.
(FIRE) a second (slightly lower) threshold (the pullback after the price 'stretches' then retracts) actually (then) launches the trade
same (predicted) direction but giving a 'better' entry point... using just the bid ratio to determine all.
"You Never Know.....Until You Find Out."
  • #7,340
  • Aug 22, 2015 1:18pm Aug 22, 2015 1:18pm
you mean (this is known technique) we take direction from the higher TF and trade from the lower TF?
this we do usually with single pair trading but how it would look in a whole currency?
still we should test some other TF configurations.
too many things for testing... already we have seen good results
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
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