BDM+BSM and TTM | Page 24 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

TTM Squeeze 8 replies

FXM and TTM 1,013 replies

Ttm Squeeze 0 replies

Attachments: BDM+BSM and TTM
Exit Attachments

BDM+BSM and TTM

  • #461
  • Jun 3, 2016 8:11am Jun 3, 2016 8:11am
Quoting LFN
{quote} Thanks Have a nice weekend! EDIT: By the way, V3Q opened a lot of CAD trades at 14:30 local time. It signals high impact CAD news on the top and I have set the Newsfilter to block 30min before and after. Do I need a new SDSnews file or something like that? {image}
It has been a long time (relative of course) since i worked on V3Q.
I will look at it this weekend to see if everything is still up to "code".

Trade breakouts and just wait, action during news, direction the hours after.
Attached Image (click to enlarge)
Click to Enlarge Name: breakoutjustwait.PNG Size: 141 KB
info@metacharttools,com
  • #462
  • Jun 3, 2016 9:22am Jun 3, 2016 9:22am
Hi HP

This settings in the Picture, how do I set them.
Let say I will match the currency against all other currency.
Or of I only will match the currency against only the currency in opposite zone or OBOS. (should I set the last one to true and other to false ?)
Attached Image
  • #463
  • Edited 10:50am Jun 3, 2016 10:28am | Edited 10:50am
Quoting robertr
Hi HP This settings in the Picture, how do I set them. Let say I will match the currency against all other currency. Or of I only will match the currency against only the currency in opposite zone or OBOS. (should I set the last one to true and other to false ?) {image}
Can you tell me what picture you are referring to because my last post was just about basket (currency) and news trading.
For that, create a basket for a currency, reverse the pairs that do not match the base currency (usd basket reverse fi eurusd) and then run the TTM trader and set your breakout/touch lines (NO touch on news !) . This way you will stay away of the news spikes.
Better yet instead of a breakout set the alarm on TTM and trade manually by using the long/short buttons.
After that you can use the ADD/STOP/TRAILING buttons whenever you want.

O wait....your picture
I am going to explain that.
info@metacharttools,com
  • #464
  • Jun 3, 2016 12:23pm Jun 3, 2016 12:23pm
Quoting Hotpotato
{quote} Can you tell me what picture you are referring to because my last post was just about basket (currency) and news trading. For that, create a basket for a currency, reverse the pairs that do not match the base currency (usd basket reverse fi eurusd) and then run the TTM trader and set your breakout/touch lines (NO touch on news !) . This way you will stay away of the news spikes. Better yet instead of a breakout set the alarm on TTM and trade manually by using the long/short buttons. After that you can use the ADD/STOP/TRAILING buttons whenever...
  • #465
  • Jun 5, 2016 1:17am Jun 5, 2016 1:17am
Hi, I have set up a long test with the M30 Cross and H1 OBOS start in Thursday morning.
Im show this know and I comming back in a couple of weeks for see how it goes (Good or Bad)
The results is in euro.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 98 KB
  • #466
  • Edited 2:04am Jun 5, 2016 1:46am | Edited 2:04am
Quoting robertr
Hi, I have set up a long test with the M30 Cross and H1 OBOS start in Thursday morning. Im show this know and I comming back in a couple of weeks for see how it goes (Good or Bad) The results is in euro. {image}
Looks promising, bit high DD.

I did notice that i have to avoid session open and close times, there are not stable gains around those times on automated.
Also well before and just after news but i did noticed that the GAPtrader doesn't use the current news library correct.

I am working on making BDM the only centralized news provider for all other traders/indicators.

Thanks for showing Robert.
info@metacharttools,com
  • #467
  • Jun 5, 2016 2:12am Jun 5, 2016 2:12am
Quoting Hotpotato
{quote} Looks promising, bit high DD. I did notice that i have to avoid session open and close times, there are not stable gains around those times on automated. Also well before and just after news but i did noticed that the GAPtrader doesn't use the current news library correct. I am working on making BDM the only centralized news provider for all other traders/indicators. Thanks for showing Robert.
Hi HP, here is Another test with DD intact.
But this was just luck I Think, I have noticed that thre can be a DD in 5-100 pips but it Always going down/up over 100 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 145 KB
  • #468
  • Jun 5, 2016 2:26am Jun 5, 2016 2:26am
This will be part of the build 008 release.
Fastpair rotate/pause.

Rotating dash charts between pairs but only those charts that are selected to "Change symbol".
By using the "Userlist" setting you can limit the pairs the dashboard rotates through.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: rotatedash2.PNG Size: 15 KB
Click to Enlarge Name: rotatedash1.PNG Size: 54 KB
Attached Image
info@metacharttools,com
  • #469
  • Edited 5:15am Jun 5, 2016 4:19am | Edited 5:15am
Quoting robertr
Hi HP This settings in the Picture, how do I set them. Let say I will match the currency against all other currency. Or of I only will match the currency against only the currency in opposite zone or OBOS. (should I set the last one to true and other to false ?) {image}
In the "Non alternative" version of BDMtcsgap the OverBought area runs from 80 to 100 and the OverSold area from 20 to 0.

In the "Alternative"version (setting) the OBOS areas can be fixed at a fibo level or variable.
Attached Image

Variable means that the Over areas are above the highest or below the lowest fibo level visible on the indicator display.
This means that the areas will adapt to violent movements and the OB does not have to be at the same fibo level as the OS.

An OB or OS signal for a currency is given when that currency leaves the area so when the previous close was in that area and the current close outside that area. To make a pair to trade another currency should do the same in the opposite zone at the same time.
This doesn't happen to often so you can set the parameter "Match any other currency in OBOS".
So one currency leaves OBOS on his way up or down (this at least must happen) can match another currency that is still somewhere in OBOS but is (not yet) leaving it to form a pair.
Attached Image


Buy/Sell zone trading (only non Alternative mode) is almost the same only for a currency to generate a signal it does not have to leave the zone but it has to close in the right direction fi. after entering the Sell zone by gaining in strength, it has to turn around and start to loose strength again.

The "Match any other currency in opposite zone" will match the other currency to form a pair pair as long as that currency is in the opposite zone but discards the direction it is moving in.
The "Match any other currency in opposite zone or OBOS" is the same but with a wider range extending into OBOS.
Attached Image
info@metacharttools,com
  • #470
  • Jun 5, 2016 7:56am Jun 5, 2016 7:56am
Quoting Hotpotato
{quote} In the "Non alternative" version of BDMtcsgap the OverBought area runs from 80 to 100 and the OverSold area from 20 to 0. In the "Alternative"version (setting) the OBOS areas can be fixed at a fibo level or variable. {image} Variable means that the Over areas are above the highest or below the lowest fibo level visible on the indicator display. This means that the areas will adapt to violent movements and the OB does not have to be at the same fibo level as the OS. An OB or OS signal for a currency is given when that currency leaves the...
Thank you for the explanation.

So let se if I have understand this right.
If I have "Match any other currency in opposite zone or OBOS" to true then the other 2 could be set to false, it matches the currency in OBOS and BSZ Zone
Correct ?
Or should I Always have "Match any other currecys in OBOS to true also to have the match not exactly when they leave the OBOS zone.

Regards
Robert
  • #471
  • Jun 5, 2016 11:53am Jun 5, 2016 11:53am
Quoting robertr
{quote} Thank you for the explanation. So let se if I have understand this right. If I have "Match any other currency in opposite zone or OBOS" to true then the other 2 could be set to false, it matches the currency in OBOS and BSZ Zone Correct ? Or should I Always have "Match any other currecys in OBOS to true also to have the match not exactly when they leave the OBOS zone. Regards Robert
That depends on the signal type you want to give.

Match any other currency in OBOS is valid for the "OBOS signal"
Attached Image

the other two for the Buy/Sell zone signal.
Attached Image
info@metacharttools,com
  • #472
  • Jun 5, 2016 12:23pm Jun 5, 2016 12:23pm
Quoting Hotpotato
{quote} That depends on the signal type you want to give. Match any other currency in OBOS is valid for the "OBOS signal" {image} the other two for the Buy/Sell zone signal. {image}
Ok now I understand, thank you.

Regards
Robert
  • #473
  • Jun 6, 2016 12:56am Jun 6, 2016 12:56am
Hi HP

I have a question about EXIT in GAPtrader Dashboard.

How is the pin exit working, if I use exit on 2 pin is it signal on both pin to exit or is it one exit on PIN 1 and one exit on pin 2 (pin1 OR pin 2)

Now I use 2 EAX just for have 2 exits, It would be greate to have more then one exit choice.
  • #474
  • Jun 6, 2016 5:02am Jun 6, 2016 5:02am
Quoting robertr
Hi HP I have a question about EXIT in GAPtrader Dashboard. How is the pin exit working, if I use exit on 2 pin is it signal on both pin to exit or is it one exit on PIN 1 and one exit on pin 2 (pin1 OR pin 2) Now I use 2 EAX just for have 2 exits, It would be greate to have more then one exit choice.
Yes, it is pinx OR piny

I will extend the number of pins to 5.
info@metacharttools,com
  • #475
  • Jun 6, 2016 8:30am Jun 6, 2016 8:30am
Quoting Hotpotato
{quote} Yes, it is pinx OR piny I will extend the number of pins to 5.
Perfect
  • #476
  • Edited 6:45am Jun 7, 2016 3:34am | Edited 6:45am
- BDMgaptrader
--- 6 ! pins

- BDM1.34
--- fastpair bar rotate/pause
--- multi template [Mstr]

- BDMtcsgap
--- Reverse signal working correct
--- "Keep signal alive for n bars" works on currencies except for signal CROSS which works on pairs for n bars.

Attached Image
Attached File(s)
File Type: ex4 BDMgaptraderv1.01.ex4   541 KB | 214 downloads
File Type: ex4 BDMv1.34.ex4   519 KB | 218 downloads
File Type: ex4 BDMtcsgapv1.04.ex4   243 KB | 222 downloads
info@metacharttools,com
  • #477
  • Edited 3:10am Jun 8, 2016 2:11am | Edited 3:10am
Quoting robertr
Hi, I have set up a long test with the M30 Cross and H1 OBOS start in Thursday morning. Im show this know and I comming back in a couple of weeks for see how it goes (Good or Bad) The results is in euro. {image}
Any mid-term results with these settings ?
info@metacharttools,com
  • #478
  • Jun 8, 2016 3:26am Jun 8, 2016 3:26am
Quoting Hotpotato
{quote} Any mid-term results with these settings ?
Yes, just now.

I am planning to start a few new tests with different Buy/sell and exits settings to see what is best.
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 69 KB
  • #479
  • Jun 8, 2016 3:41am Jun 8, 2016 3:41am
Quoting robertr
{quote} Yes, just now. I am planning to start a few new tests with different Buy/sell and exits settings to see what is best. {image}
Doesn't look bad.
Only on screen between the highest 49 and current 22 a 50% difference, seems that a lot of pips seem to slip away.
info@metacharttools,com
  • #480
  • Jun 8, 2016 3:48am Jun 8, 2016 3:48am
Quoting Hotpotato
{quote} Doesn't look bad. Only on screen between the highest 49 and current 22 a 50% difference, seems that a lot of pips seem to slip away.
I did ane misstakes on this. it closed 10 bad trades.
I test exit rules on only OBOS on that.

Here is an untouched test. Exit rule OBOS or H1 Cross

I Think an exit on M30 Cross would be better, thats next test start tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 239 KB
0 traders viewing now