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  • #13,981
  • Edited 5:04am Feb 5, 2016 4:53am | Edited 5:04am
Quoting PayItForward
{quote} Hi Fourxxxx Well done. Back online temporarily ... Being in OZ and wanting to maybe increase profits, see below Both live accounts 05/02/2016 9:25 pm Sydney {image}

Richard have look at spreads on image I posted http://www.forexfactory.com/showthre...26#post8734226, it is demo but spreads are the same on my live Pepperstone Razor account. There is commission above that also $7 round trip on EURUSD for 1 lot traded. https://pepperstone.com/en/forex-trading/spreads
  • #13,982
  • Feb 5, 2016 8:34am Feb 5, 2016 8:34am
Quoting PayItForward
{quote} Hi Proximius Thanks ... already said that in my earlier post 13765, "it appears to be the same" but I cannot find where Seller9 has told us the details, if you have that info I would appreciate it.
I assume that Swing_pin is based on Semafor which in turn is based on ZigZag...if you interested,there is much info about semafor and ZigZag indicators.
Hope this help.
Cheers.
Prox.
  • #13,983
  • Feb 5, 2016 10:12am Feb 5, 2016 10:12am
end for now. part of profit survived ,but definitely money management is needed.i consider it was just luck finished the week still in profit.
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Take what you can, give nothing back
  • #13,984
  • Feb 5, 2016 10:20am Feb 5, 2016 10:20am
Quoting Fourxxxx
I know it is early days but here is an example with equity lock on, 10% profit in less than 24 hours. If I can get 10% per week consistently I would be very happy. {image}
Hi, happy wishes then to come true..May I ask the pin you have used ? Is it used stand alone, only that one for entry ? Any few sets would be nice , I would like to try this setup and maybe if so I would like to add possible filters over it..
Thanks

edit..oh I see ,, its the swing..) sorry to disturb
" Accepting losses is the most important single investment devise "
  • #13,985
  • Feb 5, 2016 11:01am Feb 5, 2016 11:01am
used Hm as exit, not a good day it seems
Attached Image (click to enlarge)
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  • #13,986
  • Feb 5, 2016 3:06pm Feb 5, 2016 3:06pm
Quoting Husky77
end for now. part of profit survived ,but definitely money management is needed.i consider it was just luck finished the week still in profit. {image} {image}
So it is a bit sad to have a good profit and end up with a small grow...But it did show honestly a good potential...I know it is a swing but what about a try to trade it only intraday or even sessional...or different TF's according shorter trading periods..maybe another filter to get a better entry moment...Apart from the MM, there are many other options as well to implement..next week a better test week .best luck
" Accepting losses is the most important single investment devise "
  • #13,987
  • Feb 7, 2016 10:12am Feb 7, 2016 10:12am
Hello Seller9,

As we are all looking for a way forward with Casino to try our best possible and make it consistently profitable, I have a very good suggestion on this and I think it is a jackpot, if only it can be implemented into Casino.

If you have not done anything yet on my previous suggestion on the MA in colour, you may ignore it and use this system instead, as it is the same MA system but in a better way and with more potentials.

These are candles that change colour base on price movement around the Moving Average, depending on the setting you give to the MA.

Example : -

If you set the MA period to 25, MA type to 3 (Linear Weight), the candle will change to BLUE when price is above the MA and change to RED when price is below the MA. These candles do not repaint, the colour will remain as it is when the canlde closes.

This is how the candles would look like on the chart with this setting.


Attached Image (click to enlarge)
Click to Enlarge Name: MA CANDLES.png Size: 24 KB



I suggest it should have some features of the swing plugin. i.e the signal candle, the trigger lines on a signal candle with buffer, such that when there is an ongoing open trade and we have a new signal candle (a candle closes with the opposite colour) then the trigger lines appear at the HIGH and LOW of the signal candle. If the trigger line is broken to the side of the signal candle, then the ongoing trade would be closed (opposite signal closure) and a new trade is opened in the direction of the signal candle. But if the trigger line is broken to the side of the ongoing trade, then the trigger lines should disappear and the ongoing trade would continue to survive or even add a new trade there if possible as this is a new entry signal.
The good thing about this system is that the candles do not repaint. Although this does not mean we won't have some losses but the loss will be very limited compared to our winners.

Here is a chart illustration of how it will work.


Attached Image (click to enlarge)
Click to Enlarge Name: MA CANDLES SYSTEM.png Size: 49 KB



Any of my room mates here can also apply the indy on their charts to see how it looks and comment your thoughts please.

In addition, in order to make this system work better, I think it should have a candle JSL as in our former plugins instead of the trailing stop in pips as it is in the swing plugin.
Also, there should be a Break even option (BE). Such that after _ _ _ pips in profit, it'll move to BE and an option for a trailing stop to start trailing only after BE with _ _ _ pips.

It'll be like : -

Use BE : - True / False
Break even pips : - (amount of pips in profit before the BE would be in place)

Use trailing stop : - True / False
Trailing stop pips : - (pips you want to trail with)
Trail only after BE : - True / False.

I think this is all about it. Any comments are welcomed.

Thanks. MM
Attached File(s)
File Type: mq4 MA Candles.mq4   4 KB | 437 downloads
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,988
  • Feb 7, 2016 3:07pm Feb 7, 2016 3:07pm
[quote=Murysco;8737714]Hello Seller9, As we are all looking for a way forward with Casino to try our best possible and make it consistently profitable, I have a very good suggestion on this and I think it is a jackpot, if only it can be implemented into Casino. If you have not done anything yet on my previous suggestion on the MA in colour, you may ignore it and use this system instead, as it is the same MA system but in a better way and with more potentials. These are candles that change colour base on price movement around the Moving Average, depending on the setting you give to the MA. Example : - If you set the MA period to 25, MA type to 3 (Linear Weight)

Maybe better to use Hull MA.

Attached File(s)
File Type: mq4 HMA_withAlerts.mq4   6 KB | 392 downloads
Indentify > Plan > Accept > Execute
  • #13,989
  • Feb 7, 2016 3:32pm Feb 7, 2016 3:32pm
Quoting wizlon32
Quoting Murysco
Hello Seller9, As we are all looking for a way forward with Casino to try our best possible and make it consistently profitable, I have a very good suggestion on this and I think it is a jackpot, if only it can be implemented into Casino. If you have not done anything yet on my previous suggestion on the MA in colour, you may ignore it and use this system instead, as it is the same MA system but in a better way and with more potentials. These are candles that change colour base on price movement around the Moving Average,
...
Example NZDUSD Daily. Buy on change to green.Sell on change to red. I have no back test results and I think Seller9 could decide on better rules than I can if he decides to give it a go.

The other indicator is TDI (red and green lines), (blue line is stochastic)- maybe this could be used also as a filter?

Attached Image (click to enlarge)
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Indentify > Plan > Accept > Execute
  • #13,990
  • Feb 7, 2016 3:56pm Feb 7, 2016 3:56pm
Quoting wizlon32
{quote}{quote} Example NZDUSD Daily. Buy on change to green.Sell on change to red. I have no back test results and I think Seller9 could decide on better rules than I can if he decides to give it a go. The other indicator is TDI (red and green lines), (blue line is stochastic)- maybe this could be used also as a filter? {image}
Apologies if anyone thinks my suggestion is lazy for lack of detail. The truth is that the reason for this is that I know there are many traders here with more experience than me who will be much better at suggesting rules and even whether this looks worthwhile. It definitely looks good to me though and I would be interested to hear any opinions.
Indentify > Plan > Accept > Execute
  • #13,991
  • Edited 4:40pm Feb 7, 2016 4:19pm | Edited 4:40pm
Quoting wizlon32
{quote} Apologies if anyone thinks my suggestion is lazy for lack of detail. The truth is that the reason for this is that I know there are many traders here with more experience than me who will be much better at suggesting rules and even whether this looks worthwhile. It definitely looks good to me though and I would be interested to hear any opinions.

Thanks for your suggestion.

I have applied your HMA on the same chart i used for the above example with the same settings to both the HMA and my MA CANDLES but i will like to tell you that by using the HMA, we are going to have a lot of noise from the indicator which will cause a lot in and out of trades with many losses before a winning one.

As the example shows below

Attached Image (click to enlarge)
Click to Enlarge Name: HMA noise.png Size: 32 KB


As you can see, the HMA has given about 3 false signals in this instance, while the MA CANDLES still held on their colour without changing at those points. Casino would have taken these trades and lost them.

I believe the MA CANDLES have more potentials.

As i have known and heard from a lot of better traders, Moving Average is a very powerful indicator in trading but using it the right way is what matters.

MM.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,992
  • Feb 7, 2016 4:28pm Feb 7, 2016 4:28pm
[quote=Murysco;8738147]{quote} Thanks for your suggestion.

Thanks for responding Murysco, I knew you would be able to analyse better than me. Do you think that perhaps the HMA could be used in conjuctionwith your indicator, or would it be a useful addition to the Casino tool box?

Also what do you think about using TDI as a filter?
Indentify > Plan > Accept > Execute
  • #13,993
  • Feb 7, 2016 4:36pm Feb 7, 2016 4:36pm
[quote=wizlon32;8738153]
Quoting Murysco
{quote} Thanks for your suggestion. Thanks for responding Murysco, I knew you would be able to analyse better than me. Do you think that perhaps the HMA could be used in conjuctionwith your indicator, or would it be a useful addition to the Casino tool box? Also what do you think about using TDI as a filter?
Well, as you already know, this isn't my thread and i am not in a position to decide if we can use your indicator in Casino. I am also a follower and trying to suggest what i know would be good to add.

MM
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,994
  • Feb 7, 2016 4:42pm Feb 7, 2016 4:42pm
[quote=Murysco;8738165]
Quoting wizlon32
{quote} Well, as you already know, this isn't my thread and i am not in a position to decide if we can use your indicator in Casino. I am also a follower and trying to suggest what i know would be good to add. MM
OK but I wasnt asking you to decide. I just asked your opinion. No problem though.

Also as you can see there are times when HMA is correct and MA Candles is wrong.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 19 KB
Indentify > Plan > Accept > Execute
  • #13,995
  • Feb 7, 2016 4:50pm Feb 7, 2016 4:50pm
[quote=wizlon32;8738176]
Quoting Murysco
{quote} OK but I wasnt asking you to decide. I just asked your opinion. No problem though. Also as you can see there are times when HMA is correct and MA Candles is wrong. {image}
Sorry, I used different setting for HMA than MA Candle. The result is still the same with identical settings though.

I use 14 period HMA.
Indentify > Plan > Accept > Execute
  • #13,996
  • Feb 7, 2016 5:01pm Feb 7, 2016 5:01pm
[quote=wizlon32;8738185]
Quoting wizlon32
{quote} Sorry, I used different setting for HMA than MA Candle. The result is still the same with identical settings though. I use 14 period HMA.

Ok. You may suggest it to Seller9, then he would decide if he wants to use your HMA or not.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,997
  • Feb 7, 2016 5:06pm Feb 7, 2016 5:06pm
[quote=Murysco;8738191]
Quoting wizlon32
{quote} Ok. You may suggest it to Seller9, then he would decide if he wants to use your HMA or not.
Ok. I hope he reads and looks. Having now checked a 14 period HMA with a 14 period MA candle on numerous charts it seems to me that the HMA gives better and earlier signals on most occasions. If my suggestion is no good then that is fine - we are all on the same side here. Your indicator is good and I have now added it to my charts.

Edit: In fact they actually give very similar signals. Maybe they could be used together?
Indentify > Plan > Accept > Execute
  • #13,998
  • Feb 7, 2016 5:30pm Feb 7, 2016 5:30pm
[quote=wizlon32;8738196]
Quoting Murysco
{quote} Ok. I hope he reads and looks. Having now checked a 14 period HMA with a 14 period MA candle on numerous charts it seems to me that the HMA gives better and earlier signals on most occasions. If my suggestion is no good then that is fine - we are all on the same side here. Your indicator is good and I have now added it to my charts. Edit: In fact they actually give very similar signals. Maybe they could be used together?
I wish you good luck with your HMA but i would warn you to be careful with it as giving earlier signals would also mean giving false signals many times. Though sometimes it could give you good trades.

We shouldn't think to catch a trend from the actual beginning of it to the complete end of it. At least if you can manage to have a 70% of it, you should be fine and this will protect you from many false signals that will cause you losses.

Good luck.

MM.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #13,999
  • Edited 5:56pm Feb 7, 2016 5:34pm | Edited 5:56pm
[quote=Murysco;8738234]
Quoting wizlon32
{quote} I wish you good luck with your HMA but i would warn you to be care with it as giving earlier signals would also mean giving false signals many times. Though sometimes it could give you trades. Good luck. MM.
Maybe I will combine it with your MA Candles indicator for the best of both worlds. Good luck to you too and everyone else here. Im just trying to help.

Perhaps we can find the ideal settings for both indicators to work in harmony and provide us with very profitable signals. I will say no more until Seller9 has had a chance to respond (or not to respond if that's what he decides).
Indentify > Plan > Accept > Execute
  • #14,000
  • Feb 7, 2016 6:04pm Feb 7, 2016 6:04pm
[quote=Murysco;8738234]
Quoting wizlon32
{quote} I wish you good luck with your HMA but i would warn you to be careful with it as giving earlier signals would also mean giving false signals many times. Though sometimes it could give you good trades. We shouldn't think to catch a trend from the actual beginning of it to the complete end of it. At least if you can manage to have a 70% of it, you should be fine and this will protect you from many false signals that will cause you losses. Good luck. MM.
May I also add that due to the early signals produced by HMA, bad trades could be closed early while the profitable ones could run. Back test and you will see that the profits should outweigh the losses in the long run. We just need a good close trade rule.
Indentify > Plan > Accept > Execute
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