Falling Knives | Page 39 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Sky is Falling Tomorrow (Option Strategy) 9 replies

NZD/USD, CAD/JPY, EUR/AUD, GBP/CHF, falling off the cliff together-- 16 replies

Why Is Cable Falling? 5 replies

Shorting the cable (Is London Bridge Falling Down?) 38 replies

Euro falling to 1.20??? 1 reply

Attachments: Falling Knives
Exit Attachments

Falling Knives

  • #761
  • Apr 6, 2016 2:09pm Apr 6, 2016 2:09pm
M1Iresh...

After having its ass handed to it on an NZD runaway last week...it has basically closed back the losses.

Attached Image (click to enlarge)
Click to Enlarge Name: iresh4.png Size: 53 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #762
  • Apr 6, 2016 2:50pm Apr 6, 2016 2:50pm
Hi magix. So we can use final version near future...I love to see that. Also good luck for your 15 to 20k account
  • #763
  • Apr 7, 2016 1:35am Apr 7, 2016 1:35am
Quoting Magix
M1Iresh... After having its ass handed to it on an NZD runaway last week...it has basically closed back the losses. {image}
Mine is still hammering its way to initial deposit but from the looks of it, this is one determined Iresh
  • #764
  • Apr 7, 2016 9:08pm Apr 7, 2016 9:08pm
Quoting Reamasesa
{quote} Mine is still hammering its way to initial deposit but from the looks of it, this is one determined Iresh
Yo mang.

Check out the OVO Hybrid Renkos.

Might have something that plays into that tool house for the new week.

15 days worth of trial period, so not like it will cost you anything for what might be a very kewl learning experience.

LINK

Looking at this from 2 angles.

1 for time and 2 for the volume.

These guys are fucking AMAZING!

GO OVO!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #765
  • Apr 7, 2016 10:26pm Apr 7, 2016 10:26pm
Quoting Magix
{quote} Yo mang. Check out the OVO Hybrid Renkos. Might have something that plays into that tool house for the new week. 15 days worth of trial period, so not like it will cost you anything for what might be a very kewl learning experience. LINK Looking at this from 2 angles. 1 for time and 2 for the volume. These guys are fucking AMAZING! GO OVO!
Is this next step in iresh 2 trader.
  • #766
  • Apr 8, 2016 7:54am Apr 8, 2016 7:54am
Quoting IreshChathu
{quote} Is this next step in iresh 2 trader.

Iresh trader is doing pretty well on it's own, not really sure it needs much more.

The FK idea, especially "Bitch Mode", could use a little finesse.

I am going to do a little work on this over the weekend and see where I can get to. Issue is, I can't be 100% sure how the triggers will react to the candles...this may create a whole new shit show on logic.

The renko 1p bricks are a really nice addition to the FK thread, thanks Reamasesa for that, but working them through the OVO charts will require a little getting used to.

Still infant stages for me, will need to take baby steps.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #767
  • Apr 8, 2016 8:36am Apr 8, 2016 8:36am
Quoting Magix
{quote} Iresh trader is doing pretty well on it's own, not really sure it needs much more. The FK idea, especially "Bitch Mode", could use a little finesse. I am going to do a little work on this over the weekend and see where I can get to. Issue is, I can't be 100% sure how the triggers will react to the candles...this may create a whole new shit show on logic. The renko 1p bricks are a really nice addition to the FK thread, thanks Reamasesa for that, but working them through the OVO charts will require a little getting used to. Still infant stages...
Oh that's good. so you can release the final version near future... I am also waiting to use this this in 10K account......
  • #768
  • Apr 9, 2016 10:36am Apr 9, 2016 10:36am
Going to have a little something for the new week.

Should trade well most specific to Renko charting, but all are invited.

If you want a good basic Renko chart for working with, I encourage you to give OVO a shot.

https://ovo.cz/

Their Renko is a lot easier to work with than standard Freeware Renko charts and they are indicator based vs EA. Benefits of this is that if you turn off your EAs you don't have to restart your Renkos. In addition, they have some pretty neat features on the blocks, how to build em and very detailed instructions for working with their software.

Free 15 day trial period, so for the next couple weeks, you'd be gliding for free anyways.

Anywhoooooooooooooooooooo

Will fire off a quick post when I've got the goods loaded.

Enjoy your weekend!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #769
  • Apr 10, 2016 4:00am Apr 10, 2016 4:00am
Quoting Magix
{quote} Yo mang. Check out the OVO Hybrid Renkos. Might have something that plays into that tool house for the new week. 15 days worth of trial period, so not like it will cost you anything for what might be a very kewl learning experience. LINK Looking at this from 2 angles. 1 for time and 2 for the volume. These guys are fucking AMAZING! GO OVO!
Thanks!

It is pretty amazing, isn't it? Wait till you get your hands dipped in Range Bars
As for me, huge wicks scare me sh*tless. I'll probably stay with the regular Renko (probably get my own license sometime next week or so)


As for the new EA ideas..... I say, bring it on!
  • #770
  • Apr 10, 2016 7:13am Apr 10, 2016 7:13am
Quoting Reamasesa
{quote} Thanks! It is pretty amazing, isn't it? Wait till you get your hands dipped in Range Bars As for me, huge wicks scare me sh*tless. I'll probably stay with the regular Renko (probably get my own license sometime next week or so) As for the new EA ideas..... I say, bring it on!

I'm going to try the standard and the hybrids...because, why not?

Still only testing at these stages and am not really sure how the bricks will react.

As for new logic with Renko, I've only played a little bit but last week, starting a day late, the Iresh on a single pip brick with a .01 start and a .01 increment actually did pretty well last week.

GBPUSD, GBPJPY, GBPAUD, EURUSD EURJPY, EURAUD, AUDUSD in trade.
Attached Image (click to enlarge)
Click to Enlarge Name: ireshrenko.png Size: 49 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #771
  • Apr 10, 2016 7:21am Apr 10, 2016 7:21am
Quoting Magix
{quote} I'm going to try the standard and the hybrids...because, why not? Still only testing at these stages and am not really sure how the bricks will react. As for new logic with Renko, I've only played a little bit but last week, starting a day late, the Iresh on a single pip brick with a .01 start and a .01 increment actually did pretty well last week. GBPUSD, GBPJPY, GBPAUD, EURUSD EURJPY, EURAUD, AUDUSD in trade. {image}
WoW! Nice curve. Mine isn't trading on Renko but is doing a nice job recovering so I'm pretty pleased with it.

Quoting Magix
{quote} ...because, why not?
Yup, that's one of hte things I like about you, my friend.
  • #772
  • Apr 10, 2016 7:40am Apr 10, 2016 7:40am
Aight....

Heeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeere we go!

New EA, template and indicator added to Post 1.

Feel free to use the template and indicator at your own will.

The NEW EA, BB Renko is going to work with a Bollinger Band trigger and will be dependant on the bollies being in trend to start the trigger, if leaks out, will trigger anyways, but does have a Close on Reverse. This should ensure that you don't hit the SL value and will make working with the increments and multiplier a little safer(ish)?!?!

At default, TP is set to $0, so the fist counter signal after profit is >=$0 will be an exit. This should make for a little better trigger based dynamics on a trigger on grid trader.

Triangulation is set to 20 periods, which spreads out the distance between trades by an price averaged over 20 periods.

Grid size, is set to 2. This value is also used in the triangulation period, but more so as a safety. This value should not be smaller than the size of brick being tested.

And, uhhhhhhh...finally addressed the Trade Comment issue.


Have a fun week with it!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #773
  • Apr 10, 2016 8:09am Apr 10, 2016 8:09am
Quoting Magix
Aight.... Heeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeere we go! New EA, template and indicator added to Post 1. Feel free to use the template and indicator at your own will. The NEW EA, BB Renko is going to work with a Bollinger Band trigger and will be dependant on the bollies being in trend to start the trigger, if leaks out, will trigger anyways, but does have a Close on Reverse. This should ensure that you don't hit the SL value and will make working with the increments and multiplier a little safer(ish)?!?! At default, TP is set to $0, so the fist...
This is so going on my charts tonight.
I don't like BB , mostly cause I don't know how to work with them
As for grid size, if I'm using a 21 pips brick size, should it be 21, as well? How does the brick size affect the grid size?



Thanks!!!
  • #774
  • Apr 10, 2016 8:19am Apr 10, 2016 8:19am
Quoting Reamasesa
{quote} This is so going on my charts tonight. I don't like BB , mostly cause I don't know how to work with them As for grid size, if I'm using a 21 pips brick size, should it be 21, as well? How does the brick size affect the grid size? Thanks!!!
At a 21 pip brick, your trades may be limited in number...this was created under a more standard type scalping grid based idea.

I am testing 3 pips on hybrid and 2 charts of 1 pip with default and increment and grid size 2.

The size of the bricks spreads out the Bands, and consequently may have an impact on if this even trades at all....


I was thinking about incorporating a User Defined - TimeFrame filter, in which case you could pick the day/week/month...but never actually got around to it. On a first run, I just want to measure the logic. From here we can spread it out.

Going back to Pure Grid logic, no time filter between candles and working with Renko...this fucker may pile into the ground in the first 10 mins of market.
lol

If I can bug fix throughout the week, can always revise for next.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #775
  • Apr 10, 2016 8:22am Apr 10, 2016 8:22am
Quoting Reamasesa
I don't like BB , mostly cause I don't know how to work with them
As for the Bollinger Bands...I'm with ya!

I've never found a really good reason to have this steaming pile of shit on a chart, but have coded it in a few EAs.
lol

Yeah...I don't get it either!

That being said, it is being used as a faster find for triggers and relying on a combination of the triangulation, daily trend as backups. For all intents and purposes, it's probably about as random as a trigger as it gets.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #776
  • Apr 10, 2016 8:24am Apr 10, 2016 8:24am
Quoting Magix
{quote} At a 21 pip brick, your trades may be limited in number...this was created under a more standard type scalping grid based idea. I am testing 3 pips on hybrid and 2 charts of 1 pip with default and increment and grid size 2. The size of the bricks spreads out the Bands, and consequently may have an impact on if this even trades at all.... I was thinking about incorporating a User Defined - TimeFrame filter, in which case you could pick the day/week/month...but never actually got around to it. On a first run, I just want to measure...
I need to see it running in order to see if it's worth putting on a higher brick size charts.
What about spread? Why use 1 pip brick size when you get a 20-50 points spread?
  • #777
  • Apr 10, 2016 8:29am Apr 10, 2016 8:29am
Quoting Reamasesa
What about spread? Why use 1 pip brick size when you get a 20-50 points spread?
Definitely a great question!!

I am counting on 2 things to limit the grid.
1. Trigger on Grid, meaning that they size of the grid is based dynamically on both the Trigger and the Minimum Grid Size requirements.
2. Triangulation period to increase the grid size during choppy markets and to help deal with smaller Brick Sizes.

I can test the logic to make sure that it is doing what it is supposed to in a standard time frame backtest for Strategy...after that, I have to try and apply the logic visually to the Renko charts and believe me, I've got a lot of finger crossing going on that this in fact does what it is supposed to.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #778
  • Apr 10, 2016 8:34am Apr 10, 2016 8:34am
1 pip bricks on FK7, grid size 2.

This is an idea of how the filtering actually comes into play.

The grid becomes more dynamic by way of filtering that just saying buy every 10 pips below or sell every 10 pips above.
Attached Image (click to enlarge)
Click to Enlarge Name: fk7r.png Size: 66 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #779
  • Apr 10, 2016 8:35am Apr 10, 2016 8:35am
Quoting Magix
{quote} Definitely a great question!! I am counting on 2 things to limit the grid. 1. Trigger on Grid, meaning that they size of the grid is based dynamically on both the Trigger and the Minimum Grid Size requirements. 2. Triangulation period to increase the grid size during choppy markets and to help deal with smaller Brick Sizes. I can test the logic to make sure that it is doing what it is supposed to in a standard time frame backtest for Strategy...after that, I have to try and apply the logic visually to the Renko charts and believe me, I've...
Thanks.
How do you determine choppiness? Especially on 1 pip brick size there are little time of consolidation and ranging.
You mean the grid size is dynamically adjusted?
  • #780
  • Apr 10, 2016 8:51am Apr 10, 2016 8:51am
Quoting Reamasesa
{quote} Thanks. How do you determine choppiness? Especially on 1 pip brick size there are little time of consolidation and ranging. You mean the grid size is dynamically adjusted?
1 pip bricks are all choppy!

Thus the reason for the triangulation.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
0 traders viewing now