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  • #21
  • Aug 30, 2006 10:56am Aug 30, 2006 10:56am
Quoting rainx

First there should be an Interface to Metatrader so people dont have to manually click when they open or close a trade. It should be pretty easy to get this data using windows api since its a windows program too (unlike those annoying Java-Clients which are hard to "control"). This way even people with automated Trading-Systems that dont sit in front of their computer will be counted.

best wishes,
Heiko
You assume I'm only interested in those trading via Metatrader Brkr.
Why would that be?

I'm interested in FF Members Trades whether their signals be generated by MT, VT, ESig or any other mehtod.


At what point should the weighting system kick in?
If my first Trade is correct, I'm at 100%. Better than your 80%.

Girdle

Does the Stats screen Auto Refresh? If not, How do I do that?
Ooops.. Sorry. Got it. Right Click > Refresh Stats.
  • #22
  • Aug 30, 2006 10:58am Aug 30, 2006 10:58am
Quoting girdle66
Peter,

I appreciate your appreciation. I know you weren't complaining, and I understand what you're saying. I went down the same thought process myself during development. But from a development perpective the word "probably" always raises a red flag.

Let's say that you wanted to be alerted when 60% of traders agreed in EUR/USD, but you also wanted to be alerted when 85% of traders agreed in a less common currency pair (AUD/USD.) If you set the EUR/USD value after the AUD/USD, it's not safe to assume that you want the 60% value to overwrite the 85% value. And if there's no alert value set on a currency pair, then it's even more assumptuous for the program to automatically create one just because you entered a value for EUR/USD. Does that make sense?

I see what you're saying, it's kind of a pain to set them all up individually. Another user commented on that eariler as well. But I don't see a better way to do it that gives the end user full granularity and control.

I'm definitely open to suggestions though. Let me know if you have any.
As I never got beyond BBC Basic (1980s UK 'puter) and tried VB before retiring gracefully into the shadows, I supplicate myself before your skills.
Programming is all about logic, and I'd back yours before I'd back my own.
The prosecution withdraws its case.
Good work and I've always loved watching programs work, I know how much thought and effort goes into even seemingly simple programs.
I just hope lots of the guys get on board.
Thanks
Peter
  • #23
  • Aug 30, 2006 11:08am Aug 30, 2006 11:08am
Quoting Bemac

Does the Stats screen Auto Refresh? If not, How do I do that?
Ooops.. Sorry. Got it. Right Click > Refresh Stats.
You can manual refresh, but it auto refreshes as well. The default is to auto-refresh every minute. You can change that value in your General Settings (Right click > General Settings.)
  • #24
  • Aug 30, 2006 11:17am Aug 30, 2006 11:17am
Girdle,

>You assume I'm only interested in those trading via Metatrader Brkr.
>Why would that be?

Most people here seem to use Metatrader. Look at the large "Firebird" thread for example. I have not seen any other Trading-Client used here so far. Peronally i prefer Tradingsolutions. Hey i just made up an Idea to implement this:

let your software read look for a textfile (like c:\my_tradinglog.txt). Everytime a new trade is generated you only need to add 1 line in your Trading-system that creates this file. This is easy to implement with other systems like tradestation, esignal and whatsoever! Best and easiest solution imho! People are just too lazy to change their "direction" in this program manually.


>At what point should the weighting system kick in?
>If my first Trade is correct, I'm at 100%. Better than your 80%.

Of course your weights should only be calculated after you have given like uhm... 50 directions ! Less than that is not representative! This way it would improve signal-quality ALOT since all the "bad" traders wont have very much effect until they improve in quality!

Please consider this... :-)
  • #25
  • Aug 30, 2006 11:24am Aug 30, 2006 11:24am
Quoting rainx
Girdle,

>You assume I'm only interested in those trading via Metatrader Brkr.
>Why would that be?

Most people here seem to use Metatrader. Look at the large "Firebird" thread for example. I have not seen any other Trading-Client used here so far. Peronally i prefer Tradingsolutions. Hey i just made up an Idea to implement this:

let your software read look for a textfile (like c:\my_tradinglog.txt). Everytime a new trade is generated you only need to add 1 line in your Trading-system that creates this file. This is easy to implement with other systems like tradestation, esignal and whatsoever! Best and easiest solution imho! People are just too lazy to change their "direction" in this program manually.


>At what point should the weighting system kick in?
>If my first Trade is correct, I'm at 100%. Better than your 80%.

Of course your weights should only be calculated after you have given like uhm... 50 directions ! Less than that is not representative! This way it would improve signal-quality ALOT since all the "bad" traders wont have very much effect until they improve in quality!

Please consider this... :-)
A perfect example of how open discussion works.
I like both of those solutions {# of directions to be determined}
{have no idea tho of code complexity}

You're right. Everyone is trying to get it down to One Click Trading.
How many are willing to then go Update the LFTS?

Perhaps in a later version these could be implemented?
  • #26
  • Aug 30, 2006 11:35am Aug 30, 2006 11:35am
Where can I get this tool??? Sounds like a good idea
Therefore what??
  • #27
  • Aug 30, 2006 11:40am Aug 30, 2006 11:40am
Quoting MichaelFX
Where can I get this tool??? Sounds like a good idea
I put a link on ForexTradingStats.com. You may want to read the first post of this thread before using it, if you haven't already. Let us know what you think.
  • #28
  • Aug 30, 2006 11:42am Aug 30, 2006 11:42am
Quoting Bemac
A perfect example of how open discussion works.
I like both of those solutions {# of directions to be determined}
{have no idea tho of code complexity}

You're right. Everyone is trying to get it down to One Click Trading.
How many are willing to then go Update the LFTS?

Perhaps in a later version these could be implemented?
Maybe I should have started this thread before my initial rollout. I would have implemented both of those ideas.

The idea of weighting submissions is great. The framework in is place to support this, I will definitely add it to the next release.

As for the single click idea, can you flush that out for me? You mentioned something about having a seperate text file, would FXTS generate that text file so Metatrader could find and use it, or would Metatrader generate that file so FXTS could find and use it?

Just when my wife thought I was finally done...
  • #29
  • Aug 30, 2006 11:57am Aug 30, 2006 11:57am
It looks really interesting and I plan on using it. I did put on a test trade just so I could see how it worked.

Thanks again for programming a sweet tool.
Therefore what??
  • #30
  • Aug 30, 2006 12:14pm Aug 30, 2006 12:14pm
This tool and NewsTrader Pro are 2 of the cooler utilities I've seen as of late.

As a commercial software developer I always love seeing extremely simple tools create huge benefit/service, nice work!

This concept could really extend out quite a lot, have you considered open sourcing it?
  • #31
  • Aug 30, 2006 12:30pm Aug 30, 2006 12:30pm
Quoting DudeWorks
This tool and NewsTrader Pro are 2 of the cooler utilities I've seen as of late.

As a commercial software developer I always love seeing extremely simple tools create huge benefit/service, nice work!

This concept could really extend out quite a lot, have you considered open sourcing it?
I've considered it, but decided not to for now. I spent a lot of time designing the back end web services and database, and probably not quite enough time on the design and structure of the UI. Don't get me wrong, the code is clean and uses OO concepts, but I'd like to restructure certain parts of it to provide for more simple extensibilty if and when I decide to release it.

Thanks for the props though. Glad you enjoy it!
  • #32
  • Aug 30, 2006 12:46pm Aug 30, 2006 12:46pm
Excellent!.. yeh could see lots of neat little plugins that could add to this, looking forward to see how this matures.

I wish someone would write a .NET trading platform that is totally extendable, now that would be kewl...
  • #33
  • Aug 30, 2006 1:11pm Aug 30, 2006 1:11pm
Girdle,

>The idea of weighting submissions is great. The framework in is place to ///>support this, I will definitely add it to the next release.

Thank you. Its not trivial to add since you need to check (and weight) every submitted direction on the server-side. A 20-40 lined PHP-script should to the job.

>As for the single click idea, can you flush that out for me? You mentioned >something about having a seperate text file, would FXTS generate that >text file so Metatrader could find and use it, or would Metatrader generate >that file so FXTS could find and use it?

Yeah let me give you an example how I trade my Tradestation-Signals with OANDA: I let my Tradestation-Strategy generate a little Textfile ("c:\trading.txt") which contains this: 0:ES:1000

This means: Enters short on curreny 0 with 1000 units (I have a currency list where 0 is EUR/USD).

After my Software has the file and extracted the information it deletes it again. Very simple but effective way to communicate with the outside world. Im 100% sure that this could be implemented with MetaLanguage-Code (and others) as well.

If you have questions about that PHP-Script mentioned above please feel free to drop me a line on AIM (heiko11881) or ICQ (244075531)

best wishes,
Heiko
  • #34
  • Edited 2:35pm Aug 30, 2006 1:30pm | Edited 2:35pm
Thanx mate for sharing ur Program... am now downloading the s/w.
Charting Markets into the Future...MǎҖ€¥.
  • #35
  • Aug 30, 2006 2:12pm Aug 30, 2006 2:12pm
Quoting MaXeY
Thanx mate for sharing ur Program... am now downloading the s/w.
That's great man, hope you enjoy it. Let me know what you think.

I'd be especially interested to know if anybody has ideas for new channels.
  • #36
  • Aug 30, 2006 2:31pm Aug 30, 2006 2:31pm
Yes, Turn channels into chat rooms too...so we can see everyone argue > go short .. go long, go short... shutup go long..lol
  • #37
  • Aug 30, 2006 2:33pm Aug 30, 2006 2:33pm
Quoting girdle66
That's great man, hope you enjoy it. Let me know what you think.

I'd be especially interested to know if anybody has ideas for new channels.
Price Action
Breakout
Crossovers {not Cross Pairs}

Oh, and Add GBP/JPY to Currencies
  • #38
  • Aug 30, 2006 2:38pm Aug 30, 2006 2:38pm
Quoting DudeWorks
Yes, Turn channels into chat rooms too...so we can see everyone argue > go short .. go long, go short... shutup go long..lol
Good idea. I have considered doing the chat room/discussion board thing. Perhaps in the next release. (You tired of hearing me say that yet?)
  • #39
  • Aug 30, 2006 2:46pm Aug 30, 2006 2:46pm
Asian, London, New York Opens
  • #40
  • Aug 30, 2006 2:58pm Aug 30, 2006 2:58pm
Would it be possible to show/calculate the Average Entry of {currently} the 2 Long EUR/USD and, of course, the 2 Short also?
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