Price Action Trading with Indicators! The Freebie System | Page 355 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Freebie 1 min trading method 1,227 replies

Naked Trading Using Price Action (No Indicators) 32 replies

Pure Price Action Trading - NO lines or indicators 49 replies

Help adding a filter to the Freebie Indicator 3 replies

EUR/USD Trading Price Action System 2 replies

Attachments: Price Action Trading with Indicators! The Freebie System
Exit Attachments

Price Action Trading with Indicators! The Freebie System

  • #7,081
  • Dec 18, 2015 2:59pm Dec 18, 2015 2:59pm
Quoting xmess7
{quote} Welcome nunez1. So which one do you need? Look at the images. The OANDA chart includes the freebie_indicator (shows arrows and pivots), whereas the TRADEKINBG chart does not use the freebie indicator (show no arrows) and has a different pivot indicator on it. The EA can stand alone, it doesn't need to have the freebie_indicator on the chart. The only thing the freebie_indicator is used for at this point is to SEE where the possible signals. Then we want to see if the EA trades match those signals. At the moment we are trying to get this...
Thank you for your help. i would like to have the tpl from the first the quote i made.Thanks again
  • #7,082
  • Dec 18, 2015 5:30pm Dec 18, 2015 5:30pm
Quoting nunez1
{quote} Thank you for your help. i would like to have the tpl from the first the quote i made.Thanks again
Correct, in that 1st quote you made there are two images. Each image corresponds to one broker. On each broker I am using different set of indicators.

So which set of indicators would you like a template from? From the broker that has OANDA charts or from the broker that has TradeKing Charts?
Our AWESOME IMAGINATION is the true holy grail!
  • #7,083
  • Dec 18, 2015 8:06pm Dec 18, 2015 8:06pm
Quoting xmess7
{quote} Correct, in that 1st quote you made there are two images. Each image corresponds to one broker. On each broker I am using different set of indicators. So which set of indicators would you like a template from? From the broker that has OANDA charts or from the broker that has TradeKing Charts?
the one from Oanda. Thanks
  • #7,084
  • Dec 18, 2015 8:48pm Dec 18, 2015 8:48pm
Ok updates and fixed to v5 EA and indicator. Multv2 was also upgraded

See attached image for new input layout (EA will also have some new inputs).
Added Trailing stop feature
fixed failed pivot point on indicator
added failed pivot point calculation to both EAs

Things to test:
1. Do the indicator signals match the EA signals
2. Do the failed pivots match what Dredding intended. (more discussion later on this, I had to leave in the old approach)
3. Does the trailing stop work with or without the TakeHalf_leaveRest BE

If all else fails GO BACK TO EA v4 LOL.
All updates are always available at http://xm7.info/ea/freebie
Attached Image (click to enlarge)
Click to Enlarge Name: Freebe_v5_Inputs.jpg Size: 125 KB
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v5.ex4   54 KB | 192 downloads
File Type: ex4 xm7_Freebie_EA_Mulitv3.ex4   55 KB | 200 downloads
File Type: ex4 xm7_Freebie_Indicator_v5.ex4   56 KB | 223 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #7,085
  • Dec 18, 2015 8:54pm Dec 18, 2015 8:54pm
Quoting nunez1
{quote} the one from Oanda. Thanks
As requested.

Template with version 5 indicators
You can find all the indicators at http://xm7.info/ea/freebie/
Attached File(s)
File Type: tpl freebie_v5.tpl   16 KB | 235 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #7,086
  • Dec 19, 2015 3:43am Dec 19, 2015 3:43am
Quoting leougo
i have attached a picture of what the ea and indicator should be doing. to avoid the repaint of the semafor u can take trades only after the trend has been established that is at the rebound or pull back of the trend at pivot i.e from my chart, when 3semafor appears u don't trade. u wait for the trend to be established at the second wave ( 1 or 2 level semafor) when there is a pullback or retracement u wait for level 1 or 2 semafor to appear falling at pivot then 2 to 3 candles from there as long as stochs is crossed in the direction of the trend...
That is exactly what the EA suppose to do ,but always keeping an eye on the higher time frame , in this case i would had placed 2 charts , 15 and 1 hr .

im attaching this indi , so basically buy and sell only when on the higher time frame the slope has crossed the 0 line and candle closed with the dot .set it to 3 the period

i will explain better , good for the confirmation of the trade

PS . what are this red and green thick line on the top and below the chart ??

Thanks
Attached File(s)
File Type: mq4 AMA_optimized_final_Slope.mq4   7 KB | 314 downloads
  • #7,087
  • Dec 19, 2015 3:47am Dec 19, 2015 3:47am
here the screenshot

Some simple rules to follow.

1) Wait for a semafor to paint (up or down)
2) Once a semafor paints - look for the color of your HA candle to switch (red to white / white to red)
3) Once you have a different color candle look for confirmation on the AMA slope

if the semafor has painted a new high, we will be looking for the slope to paint a red dot below the zero line


if the semafor has painted a new low, we will be looking for the slope to paint a blue dot above the zero line

Attached Image
  • #7,088
  • Dec 19, 2015 3:49am Dec 19, 2015 3:49am
Quoting antodedo
here the screenshot Some simple rules to follow. 1) Wait for a semafor to paint (up or down) 2) Once a semafor paints - look for the color of your HA candle to switch (red to white / white to red) 3) Once you have a different color candle look for confirmation on the AMA slope if the semafor has painted a new high, we will be looking for the slope to paint a red dot below the zero line if the semafor has painted a new low, we will be looking for the slope to paint a blue dot above the zero line {image}
so place it on 2 time frame

if the smaller time frame has the dot of the slope already happened , but not yet on the higher time-frame , wait for it

Remember , wait the close of the candle
  • #7,089
  • Dec 19, 2015 11:08am Dec 19, 2015 11:08am
Quoting antodedo
here the screenshot Some simple rules to follow. 1) Wait for a semafor to paint (up or down) 2) Once a semafor paints - look for the color of your HA candle to switch (red to white / white to red) 3) Once you have a different color candle look for confirmation on the AMA slope if the semafor has painted a new high, we will be looking for the slope to paint a red dot below the zero line if the semafor has painted a new low, we will be looking for the slope to paint a blue dot above the zero line {image}
antodedo: I think luego was showing an example of how to look for a change on the same TF (in this case the 15min). In one of the previous post Dredding eludes to that except he has zigzag indicator on the chart. He wasn't persay using the zigzag to tell direction but more like eyeballs, I just happen to see that we could use the zigzag to "tell" direction.

Your approach can have merit cause you have 3 indications to interpret possible trend direction on the higher TF.

One thing we can all consider is that once this EA is working as expected, we can finding the best approach to detect direction. By best I mean the one that has the statistical edge. The preferred way is to get 2-3yrs of data and then see how many times is the approach successful when it indicates a certain direction...

So with that said, antoledo any idea of the success rate for this approach determining trend direction? Only direction ok, not trades.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,090
  • Dec 19, 2015 10:13pm Dec 19, 2015 10:13pm
Quoting xmess7
{quote} As requested. Template with version 5 indicators You can find all the indicators at http://xm7.info/ea/freebie/ {file}
thank you
  • #7,091
  • Dec 20, 2015 2:20am Dec 20, 2015 2:20am
Quoting xmess7
{quote} antodedo: I think luego was showing an example of how to look for a change on the same TF (in this case the 15min). In one of the previous post Dredding eludes to that except he has zigzag indicator on the chart. He wasn't persay using the zigzag to tell direction but more like eyeballs, I just happen to see that we could use the zigzag to "tell" direction. Your approach can have merit cause you have 3 indications to interpret possible trend direction on the higher TF. One thing we can all consider is that once this EA is working as expected,...
the zigzag is all about trend direction , its so easy to see the trend with zigzag , its like showing a stair to a child he will tell you if it is going up or down .

i think we should have a skype conversation , to explain you better what i mean , the success to determine it for me is almost 99%

CHEERS
  • #7,092
  • Dec 20, 2015 2:27am Dec 20, 2015 2:27am
HERE THE RESULT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Dec. 20 12.22.jpg Size: 397 KB
Click to Enlarge Name: ScreenHunter_03 Dec. 20 12.23 - Copia.jpg Size: 388 KB
Click to Enlarge Name: ScreenHunter_04 Dec. 20 12.24 - Copia.jpg Size: 155 KB
  • #7,093
  • Dec 20, 2015 2:33am Dec 20, 2015 2:33am
I know there is floating minus 10000 $

just a mistake i didnt close the trade , cause away from PC , work issue i had to leave the trade open
  • #7,094
  • Dec 20, 2015 11:18am Dec 20, 2015 11:18am
Quoting antodedo
HERE THE RESULT {image} {image} {image}
that is very good results Antonedo
  • #7,095
  • Dec 20, 2015 11:47am Dec 20, 2015 11:47am
Quoting nunez1
{quote} that is very good results Antonedo
  • #7,096
  • Dec 20, 2015 11:51am Dec 20, 2015 11:51am
Quoting antodedo
{quote}
I send you a message to your box
  • #7,097
  • Dec 20, 2015 1:32pm Dec 20, 2015 1:32pm
Quoting antodedo
{quote} the zigzag is all about trend direction , its so easy to see the trend with zigzag , its like showing a stair to a child he will tell you if it is going up or down . i think we should have a skype conversation , to explain you better what i mean , the success to determine it for me is almost 99% CHEERS
antodedo:
please elaborate... give a step by step of the use of zigzag. Great results.. BTW
Our AWESOME IMAGINATION is the true holy grail!
  • #7,098
  • Dec 20, 2015 1:37pm Dec 20, 2015 1:37pm
Quoting antodedo
here the screenshot Some simple rules to follow. 1) Wait for a semafor to paint (up or down) 2) Once a semafor paints - look for the color of your HA candle to switch (red to white / white to red) 3) Once you have a different color candle look for confirmation on the AMA slope if the semafor has painted a new high, we will be looking for the slope to paint a red dot below the zero line if the semafor has painted a new low, we will be looking for the slope to paint a blue dot above the zero line {image}
What exactly are you using on the entry TF?

On other words is this the setup u use?

1. Entry TF (rules according to Dredding inlcuding the slope indicator)
2. Higher TF (the approach you indicate with the addition of the slope indicator)

Guys:
If I can get antodedo's exact approach the modification of the current EA/indicator is a breeze. I think have the idea he is indicating I just need to make sure that my view is the same as antodedo's.

BRING IT ON !!!!!
Our AWESOME IMAGINATION is the true holy grail!
  • #7,099
  • Dec 20, 2015 1:41pm Dec 20, 2015 1:41pm
Quoting antodedo
I know there is floating minus 10000 $ just a mistake i didnt close the trade , cause away from PC , work issue i had to leave the trade open
If we get your style programmed, you WILL NOT HAVE TO WORRY about MISTAKES anymore LOL
Our AWESOME IMAGINATION is the true holy grail!
  • #7,100
  • Edited 7:32pm Dec 20, 2015 7:10pm | Edited 7:32pm
Thanks for everyones' posts and help, especially on this thread. FF rocks!

Obviously hard to go past antodedo's track record (very impressive I must say), but I have a few ideas which may or may not be improvements.

I am wondering if anyone has improved the semafor's settings? I tend to think longer periods are better than the default settings of the semafor.

Also synergy apb bars for me are better than HA bars...

I also tend to prefer other indicators such as 'ultimate pro scalper' and 'absolute strength' as the main signals, using the semafor (either 2 or 3) as a filter, usually with support/resistance zones, and the AMA slope as confirmation... but then again I don't have antodedo's track record....

Anyway would be interested to know antodedo's semafor settings, and obviously other's opinions...

Merry Christmas everyone!
3 traders viewing now