Disliked{quote} I'm not able to attach it .... Error when try to compile it.. RegardsIgnored
Free EA - High Flying Trading (HFT) EA is finally here!
{quote} I'm not able to attach it .... Error when try to compile it.. Regards
Hi tarwada! Thank you for your work, very impressive. I think this indicator can help to some extent in determining the trend. It would be very nice if you find it useful in the EA. {image} {file} {file}
im waiting for such indicator !
i will do some chart studies then i will report back soon !
@Nibiru So this or any other fancy indi can predict the future ? Bro, you are kidding, aren't you ?
Think Twice , Code Once.
Hi guys in order to try to give a contribute, without degenerate the EA nature which works perfect for me in long term view, i attach an indicator for exit strategy. The exits are for me the worst nightmare for every system, expecially for this.
It's a simple indicator which shows 3 profit levels for both buy and sell position. As you can see the price often goes towards the 3rd level, then it comes back or it goes over. On every bar opening it calculates the new levels if the price has passed over.
the price touches all 3 levels, then retrace.
Only 1st and 2nd for now...
BTW seems he wants to go over
Another example where all 3 up levels are reached. Then got back for sell and the first two are already hit! (just to know the distance between 2nd up and 2nd down is 97 pips)
If the good old tarwada thinks it worth give a try as an alternative for TP in his EA, here is the chance!
It's a simple indicator which shows 3 profit levels for both buy and sell position. As you can see the price often goes towards the 3rd level, then it comes back or it goes over. On every bar opening it calculates the new levels if the price has passed over.
the price touches all 3 levels, then retrace.
Only 1st and 2nd for now...
BTW seems he wants to go over
Another example where all 3 up levels are reached. Then got back for sell and the first two are already hit! (just to know the distance between 2nd up and 2nd down is 97 pips)
If the good old tarwada thinks it worth give a try as an alternative for TP in his EA, here is the chance!
- #329
- Mar 9, 2016 10:18am Mar 9, 2016 10:18am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
{quote} Yes is a great indicator for me also!!! It worth a try my friends!! And I don't think it repaint. It only show where the bars are under/over 0.5, then why it needs to repaint? Anyway i'm not sure yet...
sanmiguell:
Hi, The real test is to answer what does the indicator REALLY show at that moment where on the chart it seems to display a good change in price direction. In other words look at your chart. and then look at the instance where it showed the change of direction. Now did it actually do that at that moment? Or did the indicator show nothing at that moment only to have it show the change several bars later. Which is what we see now
this is trading... and this is what we know..
Our AWESOME IMAGINATION is the true holy grail!
- #330
- Mar 9, 2016 10:27am Mar 9, 2016 10:27am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
{quote} yes use completely different magic numbers on each chart..... Trailing Stop = how far the stop (by pips) will be away from the current price..... Trailing Stop Activation = when to active the trailing stop. for example : when you set the Trailing Stop to 10 and Trailing Stop Activation to 20 the stop loss will be under/above the current price by 10 pips only if you're already 20 pips in profit. otherwise the Trailing Stop will not be Activated i Hope it's clear now
Please know that I am available to help with the code. One way to avoid all the confusion of the "magic number" is to use the ChartID() as the magic number.
Each chart when you open it creates it's own individual ID.
So when the EA starts up, you can just set the magic number = ChartID() and voala ther you have it. Let the code do that stuff for them.
You can then set the magic number variable to be global or u can always use ChartID() again so u can then use that when comparing it to OrderMagicNumber().
To verify this just add a Print(Symbol)+": ChartID = "+ChartID()) statement in the init() function. Then run the EA on several charts and you will see the print out of the ChartID number for each chart in the Experts tab. you will see that the number printed is different and unique for each chart.
If you really want to get fancy. You can use random generation code and create a magic number for EACH TRADE LOL
.If you need help in keeping track of stacking trades, MM approaches, BE conditions etc etc etc. Let me know I got a lot of functions that cover all kinds of stuff.
As soon as I am done with my current EA project I am coming over to play with this EA and the HFT approach. Keep it going, you guys don't know it yet but you are very close to a profitable approach...
Our AWESOME IMAGINATION is the true holy grail!
{quote} sanmiguell: Hi, The real test is to answer what does the indicator REALLY show at that moment where on the chart it seems to display a good change in price direction. In other words look at your chart. and then look at the instance where it showed the change of direction. Now did it actually do that at that moment? Or did the indicator show nothing at that moment only to have it show the change several bars later. Which is what we see now
Unfortunately it REPAINTS BADLY!!
I ran a strategy tester on m1 and you can see it repaints over 53 bars back...I really don't know why needs to repaint since he has the only work to measure the moving average degrees!
- #332
- Mar 9, 2016 11:22am Mar 9, 2016 11:22am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
{quote} Hi xmess! Unfortunately it REPAINTS BADLY!! {image} I ran a strategy tester on m1 and you can see it repaints over 53 bars back...I really don't know why needs to repaint since he has the only work to measure the moving average degrees!
LOl you beat me to it. I was going to test it myself cause I was interested in using it on the Ea I am working on.
I'll double check and I'll see if anything can be done with the code to improve it's detection..
thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
- #335
- Edited Mar 10, 2016 10:35am Mar 9, 2016 11:54am | Edited Mar 10, 2016 10:35am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
{quote} Hi xmess! Unfortunately it REPAINTS BADLY!! {image} I ran a strategy tester on m1 and you can see it repaints over 53 bars back...I really don't know why needs to repaint since he has the only work to measure the moving average degrees!
I figured out why the indicator repaints. It has to do with what is called a loop. Think of it this way. Say you are the indicator and every 15 minutes u get say 20 candles. You then place them in order from newest to oldest and for each u calculate an MA average (u LOOP thru each, so your LOOP=20).
Then comes a new candle, you place it on the table in the order from new to old. U get rid of the oldest candle (#21 now) cause u can only have 20 on the table. Again u calculate the MA for each candle. But this time you see that the MA value for the candle has changed on some of them. Say that the new candle is #1. So you compare candle #2 with the MA u got before. It's different and u also see the MA values for say candles #3-7 are also different than what u just calculated before the new candle. Why are they different? Cause as time goes on the MA is starting to form it's shape as we see it looking back in time.
So this is what the indicator does too. However before before it does what I explained in paragraph above. It will 1st loop thru around 4000 candles
in one swoop and since the MAs are already locked in place it calculates the MAs with no change to them and that is what u see plotted on the chart.
It looks so nice, doesn't it?
.After that 1st 4000 candle loop the indicator then loops for about 2+eintPeriod candles . Since eintPeriod=56 it loops for 58 candles. Hey u can actually change that in the inputs...
Got it? So u see it's the looping. Or the way the indicator calculates the MAs as it loops thru those 58 candles at each tick.
One way to attack this would be to calculate the MA angles only if the MAs are SET and at the close of the candles instead every tick.
Hmmm.. LOL I am going to try that LOL...... I'll let you know what happens.... I don't know when I'll do it cause I am busy with the other EA, but I will do it soon.
Take care...
Jess
Our AWESOME IMAGINATION is the true holy grail!
{quote} Sam: I figured out why the indicator repaints. It has to do with what is called a loop. Think of it this way. Say you are the indicator and every 15 minutes u get say 20 candles. You then place them in order from newest to oldest and for each u calculate an MA average (u LOOP thru each, so your LOOP=20). Then comes a new candle, you place it on the table in the order from new to old. U get rid of the oldest candle (#21 now) cause u can only have 20 on the table. Again u calculate the MA for each candle. But this time you see that the MA...
Great xmess!!! Great explanation! I'll wait for any news from you...