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Hanover - can you help me with MT4 qs please? 4 replies

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Hanover replies to PMs

  • #521
  • Apr 28, 2016 6:25am Apr 28, 2016 6:25am
Quoting hanover
@bug: no problem, glad you're happy with it. _____________________ @anybody: attached is an indicator (NOT script) that plots call and put levels from the CME webpage. I wrote it for a client a few months ago, but he hasn't paid me for the work, so I'll post it publicly. Download .mq4 and .ex4 files below into .../experts/indicators folder.
Hello Hanover


I'm using MT4 build 950.

Would you be kind enough to provide the following files compatible with build 950?

CME options levels.ex4
CME options levels.mq4

hanover --- function header (np).mqh
hanover --- extensible functions (np).mqh
  • #522
  • Edited 8:44am Apr 28, 2016 8:32am | Edited 8:44am
Quoting yenmaster
Would you be kind enough to provide the following files compatible with build 950?
Sorry, but I don't have them. I still do all my coding in build 509. However, if you delete the .mq4 file, the .ex4 file should continue to run correctly on the latest MT4 builds.

If you want to make changes to the indicator, then pips4life has generously updated the two .mqh files here. But you'll need to re-code the .mq4 file, to have it compile without errors in build 950, yourself.
  • #523
  • Apr 28, 2016 1:03pm Apr 28, 2016 1:03pm
Thanks for the reply Hanover
  • #524
  • Apr 28, 2016 1:28pm Apr 28, 2016 1:28pm
hi there,

can you modify the attached fractal indicator for me as follows:

 

  1. if i have 2 consecutive up fractals without a down fractal between them, delete/dont draw the up fractal which has the lower high and keep the up fractal that has the higher high
  2. if i have 2 consecutive down fractals without an up fractal between them, delete/dont draw the down fractal which has the higher low and keep the down fractal that has the lower low



pic attached

thank you

Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 23 KB
Attached File(s)
File Type: mq4 MTF_Fractal.mq4   6 KB | 496 downloads
When life gives you lemons, make lemonade
  • #525
  • Apr 28, 2016 3:15pm Apr 28, 2016 3:15pm
Quoting micho
can you modify the attached fractal indicator for me
Sorry, but I'm no longer coding or troubleshooting indicators, unless the indicator or EA is useful to me personally. You could try posting in one of the "I code your indicators for free" threads, and perhaps somebody else can help you. Or if you're willing to pay for the work, you could try MQL or elance.
  • #526
  • Apr 28, 2016 3:27pm Apr 28, 2016 3:27pm
Quoting hanover
{quote} Sorry, but I'm no longer coding or troubleshooting indicators, unless the indicator or EA is useful to me personally. You could try posting in one of the "I code your indicators for free" threads, and perhaps somebody else can help you. Or if you're willing to pay for the work, you could try MQL or elance.
When life gives you lemons, make lemonade
  • #527
  • Apr 29, 2016 1:56pm Apr 29, 2016 1:56pm
Quoting hanover
{quote} The following is merely my opinion, but I agree with much of what you say. Mechanical trend following systems offer no real promise of profit. But I wouldn't necessarily say that it's the worst strategy one can apply, because I've yet to see evidence that mechanical systems that trade against the trend, or on the basis of price reverting to the mean -- which you say is prevalent -- fare any better. Either way, if attaining consistent profit was as easy as following a simple mechanical maxim, then we would see an army of profitable retail...
The reason why you don't find any profitable EA is that trading is hard and it takes years of tears to develop a profitable strategy. Plus, an expert advisor requires programming skills so after all that, if you want to make somebody else rich, sorry but you're INSANE, you know what I mean ?
  • #528
  • Edited Apr 30, 2016 12:42am Apr 29, 2016 4:58pm | Edited Apr 30, 2016 12:42am
Quoting HeyYou
{quote} The reason why you don't find any profitable EA is that trading is hard and it takes years of tears to develop a profitable strategy.
Another reason is that many profitable strategies include nuanced decision making, that can't be coded. Consequently, retail EAs tend to involve very different approaches, e.g. use of simple indicators, grids and martingale variants.

Quote
Plus, an expert advisor requires programming skills so after all that, if you want to make somebody else rich, sorry but you're INSANE, you know what I mean ?
I doubt that any programmer is going to get rich by coding another trader's strategy, unless the trader pays him a lot of money for coding it.

Try to see it from the programmer's point of view. He gets dozens of requests (well I did, until I shut off PMs), some of them from highly vouched (nowadays it's red diamond) FF members. All insist that their strategies are highly profitable -- of course they do, because they want them coded and tested for free! The programmer spends many hours coding and then testing his code, and all while the trader comes up with rules that he somehow forgot originally, and changes his mind several times along the way. Testing the EA takes longer than the trader ever envisaged, because the EA places trades that the trader claims that it shouldn't have, and/or vice versa, and investigating each of these is difficult because the exact price movement in any past scenario can't ever be repeated.

Now the reality is that maybe 1 in 20 of these trader's strategies has a chance of remaining profitable over several years worth of changing markets, but unless the programmer is a veteran trader himself, he has no idea which one. So he does his best to backtest them, run them on demo for a while, whatever -- requiring more time and effort -- but ultimately no testing is 100% conclusive, because perhaps the greatest truism of trading is that past performance offers no absolute guarantee of future results. Nonetheless, to get any compensation for all of his work, the programmer must now take a punt using his own hard-earned savings. Whatever profit he might make on one or two of the EAs, he loses more on all of the others. And it's not even that straightforward, because equity invariably tends to fluctuate, making it difficult, at least for a long time, to tell which EA(s), and which combos of parameters, he should optimally use. So in addition to several days, possibly even weeks of unpaid time and effort, he also ends up losing money overall. And some traders are smug know-it-alls -- if the EA makes a losing trade, it *must* be the programmer's fault -- and difficult to work with.

So, for better or worse, I no longer write EAs for anybody but myself. Even if folk offer to pay, a few hundred dollars is not going to compensate me for the distraction from my own trading, which is where the potential of a compounding income ultimately exists.
  • #529
  • Apr 29, 2016 5:47pm Apr 29, 2016 5:47pm
please dont assume that mechanical trading does not promise consistent profits, and that it requires complicated code bla bla bla
i wrote this stupid ea in 2008, back tested it since 99, demo tested it for 4 months then live tested it until early august 2008 (the day of the recession)

it yielded the same results in the same testing methods but for some reason it stopped being profitable after the recession, i dont know why but i am pretty sure that some big bank used to use it because the results were imaginary... results in the link http://www.forexfactory.com/showthre...45#post8869445 ... 20 line of code with a single most stupid indicator, worked on many currencies
When life gives you lemons, make lemonade
  • #530
  • Apr 29, 2016 5:50pm Apr 29, 2016 5:50pm
but since then i was not able to code any consistent ea... whatever complications i try

i have come out with several system that have astonishing results to the pip on 9 out of 10 trades, but its that black swan trade wen a federal bank decides to press a button that ruins the results of 9 trades. stop loss vs profit is what needs to be achieved, consistency is very difficult now yes... RR is not important alone, RR + WIN rate + max drawdown is what matters
When life gives you lemons, make lemonade
  • #531
  • May 9, 2016 8:22am May 9, 2016 8:22am
hi hanover,
i have some array variable in my indicator.
i want to use this variable in my expert advisor, pls can you tell me how to do that?

double high[8],low[8],retrace[8],target[8],xlow[8],xhigh[8],xretrace[8],xtarget[8]

i want to use all these in my EA, how?
When life gives you lemons, make lemonade
  • #532
  • May 9, 2016 2:33pm May 9, 2016 2:33pm
Quoting micho
i have some array variable in my indicator. i want to use this variable in my expert advisor, pls can you tell me how to do that? double high[8],low[8],retrace[8],target[8],xlow[8],xhigh[8],xretrace[8],xtarget[8] i want to use all these in my EA, how?
Arrays work exactly the same way in an EA as they do in an indicator. How you use them depends on what you are trying to get the indicator or EA to do. There are potentially an infinite number of possibilities, hence your question is too open ended to be answered specifically. Sorry if I've misunderstood.

I Googled "Array usage in MT4" and found (for example) some helpful material here here here and here. There is plenty of other info available on the internet.
  • #533
  • Jul 4, 2016 5:43am Jul 4, 2016 5:43am
Quoting hanover
{quote} Arrays work exactly the same way in an EA as they do in an indicator. How you use them depends on what you are trying to get the indicator or EA to do. There are potentially an infinite number of possibilities, hence your question is too open ended to be answered specifically. Sorry if I've misunderstood. I Googled "Array usage in MT4" and found (for example) some helpful material here here here...
Hi, was wondering if you would be willing to help me with coding two simple EA's or indi's whichever would wok better or if you know of any such existing EA/indi's, I would really appreciate any help greatly

I've been looking on the webs for an EA or indi that would let me set auto stop loss and take profit levels, and also buy or sell limit orders and same with buy or stop orders and was wondering if you would be willing to code two very simple EA's or indi's which ever would work better

The basic premise being to place a trade whether buy or sell with a definable lot and sl/tp level, and if tp/sl level is hit, then a new trade with the same lot is placed in that with the same tp/sl level.

For example :
A BUY order was placed and tp was set at 100 pips and sl was set at 50 pips, if the tp is hit then a new BUY order is placed at the tp level of the previous order with same tp/sl level of again.
And if the BUY order hit the sl level at 50 pips, then a new SELL order will be placed with the same 100/50 tp/sl level at the sl level

And if a SELL order was placed and hit the tp level at 100 pips, then a new SELL order will be placed at the tp with the same tp/sl levels
if the SELL order hit the sl level at 50, then a new BUY order will be placed at the sl level with the same 100/50 tp/sl level
------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ ------------------------------------ ------------------

And also, just a simple EA/indi that would open trades automatically in the opposite direction once the trailing sL is hit

For Example:
A BUY order was placed with trailing stop loss of 30 pips, once it's hit a new SELL order is opened with the same trailing SL of 30 pips at the SL level of the previous trade, and once that's hit, a new BUY order is opened with the same trailing SL at the price the SL was hit with the same trailing 30 pip SL
  • #534
  • Jul 10, 2016 11:57am Jul 10, 2016 11:57am
Hi Hanover,

As you are a master here in FF and with indicators, I want to ask you if you know any Script or EA that I can Close orders from Chart.

For example, there are some moments that I have 2 or 3 buy orders from one pair (EURUSD), and sell orders for other pairs (GBPUSD, USDJPY,....) and when I want to close only the buy orders from an specific pair (EURUSD) is complicated to do fast seeing only at the "Orders Book".

Sometimes I close other orders by error, so it could be interesting to have a button or something to click next to every order in market and on chart.

Do you know something like this?

Regards.
  • #535
  • Oct 22, 2016 11:21am Oct 22, 2016 11:21am
Quoting hanover
@BogiFX: see post #1 of this thread. _________________________ @anybody who's interested: Attached is a ZIP containing a comma separated (CSV) file of FF calendar news announcements from Jan 1, 2007 thru Apr 18, 2014, timestamped New York EST (or DST when applicable). The CSV file of 30,678 news announcements can be imported to any platform (e.g. Excel) for further analysis. Columns (from left to right) are: Date, Time, Currency, News description, Impact, Actual, Forecast, Previous, Revised from, Plotted wingdings symbol (ignore), Color value (ignore),...
hello,

is it possible to get the download link for specific past week or month? I've been trying to google it, but to no avail.

thanks.
  • #536
  • Edited 5:42am Oct 23, 2016 12:20am | Edited 5:42am
Quoting ianmae
hello, is it possible to get the download link for specific past week or month? I've been trying to google it, but to no avail. thanks.
I couldn't find anything via google, which is why I wrote my own downloader. It is available here, although it seems to work on some peoples' computers (including mine) but not others. Or you could try exidez's downloader in the same thread, although I'm not sure how to get it to download data from past specific periods. You would need to read his instructions, or ask him.

Quoting FX-NeverEnd
if you know any Script or EA that I can Close orders from Chart. For example, there are some moments that I have 2 or 3 buy orders from one pair (EURUSD), and sell orders for other pairs (GBPUSD, USDJPY,....) and when I want to close only the buy orders from an specific pair (EURUSD) is complicated to do fast seeing only at the "Orders Book".
Don't know of a script, but it would be easy enough to write one. If you don't know how to do this yourself, you could try asking in one of the "I code for free" threads. Or search threads like this one.

However, I don't understand why it is too difficult to click on the 'Symbol' column to sort the orders by symbol, and then click the 'X's to close individual orders (see screenshot). Works easily enough for me (and my eyesight isn't too good these days!)
Attached Image (click to enlarge)
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  • #537
  • Oct 24, 2016 1:55pm Oct 24, 2016 1:55pm
Quoting hanover
The indicator that I've attached forms an important part of my own analysis road map. I also look for climax volume candles on M15 in or around these levels, and (in terms of deciding which pairs/direction to trade) I pair strong currencies against weak -- both price-wise (www.forexfactory.com/showthread.php?t=513671) and fundamentally -- on longer TFs in an attempt to catch the longest, strongest daily trends....
hello hanover.

in the thread, Simple, proven and profitable S / R system, you're talking about:
"Climax volume candles on M15"

I kindly would like to ask if you could give me more details?

It took some time operating similar to that established in the thread way, with the only difference that I operate in favor of the trend.

here I leave some details about my system

http://www.forexfactory.com/showthre...17#post9212317

Attached Image (click to enlarge)
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sorry for my bad English.
and thank you very much for your help
  • #538
  • Oct 25, 2016 11:49am Oct 25, 2016 11:49am
hello Hanover, do you know of a bollinger indicator that highlights all the bars that both open and close outside the bands ?THanks
  • #539
  • Oct 27, 2016 9:08am Oct 27, 2016 9:08am
Quoting ekud87
Simple, proven and profitable S / R system, you're talking about: "Climax volume candles on M15" I kindly would like to ask if you could give me more details?
I don't recall that thread now. Anyway, you can find the Better Volume indicators in the zip file here. These indicators paint climax volume candles green and red. Sometimes they signpost the beginning of moves, sometimes they signpost that exhaustion of a move is imminent (although keep in mind that volume displayed on MT4 is br0ker tick volume only). Seems to work best on M15, but ultimately you'd need to test for yourself and decide if they're helpful to you.

Quoting metta87
do you know of a bollinger indicator that highlights all the bars that both open and close outside the bands ?
Sorry, unable to help.
  • #540
  • Nov 3, 2016 1:40pm Nov 3, 2016 1:40pm
Hi Hanover.

Question: Did you ever tried grid trading ??

(the risks and possibilities are very well known)
How to opt out annoying user signatures ??
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