DislikedHi Aeseme, Thank you for the wonderful dashboard. I would like to suggest an additional option / change. Please consider if it makes sense. I think the Dashboard needs some way to measure how much a currency has traveled on the daily range before finally deciding whether to take or not to take a trade. Now although there is a feature include that is based on Pips Since Open (PSO) but the settings available are based on a fixed pips limit. Since the number of pips that a currency travels during the day in terms of pips varies therefore, I suggest...Ignored
{quote} Sorry for the delay, I have been off-grid for a few days. A Stochastic PIN is an interesting idea and I will put something together in the next couple of days.
I included modes for Crossing or just the direction (Main > Signal, etc.)
Threshold will inhibit the signal when it is near the bottom or top of the scale e.g. Threshold = 20 will prevent a sell signal below 20, or a buy signal above 80 (100-20 = 80)
Also, here are the latest versions of ADX and Bollinger PINS.
v1.30 Fixed a bug in the DI Crossing mode
No changes
Always read Post #1
- #4,345
- Jan 12, 2017 3:33pm Jan 12, 2017 3:33pm
- Joined Nov 2016 | Status: Getting there, but not just yet | 2,430 Posts
{quote} OK, so here is a basic stochastic PIN (PIN 3 in the screenshot). I included modes for Crossing or just the direction (Main > Signal, etc.) Threshold will inhibit the signal when it is near the bottom or top of the scale e.g. Threshold = 20 will prevent a sell signal below 20, or a buy signal above 80 (100-20 = 80) Screenshot3.png;2138028 EAX_PIN_STOCHASTIC.ex4;2138061 Also, here are the latest versions of ADX and Bollinger PINS. EAX_PIN_ADX.ex4;2138057 v1.30 Fixed a bug in the DI Crossing mode EAX_PIN_BBands.ex4;2138058 No changes {image}...
Thanx for these Pins,
i was thinking that it was the visual version where you can see how the indi
behaves on chart_ but i think it's not easy to get both pin+visual
i loaded them all, but tested them one by one and then all together to see what would happen_
It opened 14 trades within 2 minutes and was gonna open more if i wouldn't stop it_ (but that happened with the new update of <DBMASMEAX007a3.bundle3 rev.update.012.8>
It did not happen with the previous version_ Perhaps I need to check the settings and not allow new order within x minutes or so_
Perhaps (9.30pm Gmt) is not the right time to test your Pins, and would be better at London Time or in 2.hrs30min when Tokyo opens_
The stuff of the threeshold not to allow a sell below 20 or viceversa when on top is cool idea of course_
I was gonna ask you tho, does the adx-pin or the stochastic act as a counter trend too ?
It sold EurGbp which is in uptrend and it reminded of an Expert I tried before called the Quantum_ Perhaps it reached the 80 level already and that it the reason I like to see indi visually.
Great stuff anyway
The arriving better than the arrival, the journey has just started
- #4,347
- Jan 12, 2017 4:10pm Jan 12, 2017 4:10pm
- Joined Nov 2016 | Status: Getting there, but not just yet | 2,430 Posts
The arriving better than the arrival, the journey has just started
- #4,350
- Edited 10:27pm Jan 14, 2017 5:31pm | Edited 10:27pm
{quote} Thank you very much Jagzuk. I will test the Stoch pin and see if it actually works as intended, which i believe it should. Thanks once again. MM
I think the crosses are based on the %K vs %D crosses.
Can you please add the following 2 options for the Stochastic pin?
- Overbought/Oversold (OB/OS): When stoch crosses below the lower threshold, e.g 20 or 30 (Current/Previous candle) then a BUY signal and if it crosses above the upper threshold e.g 80 or 70 (Current/Previous candle) then a SELL signal.
The signal is cancelled when stoch crosses back out of the threshold.
- Level Cross (Not the %K & %D cross): BUY signal when the main Stoch crosses above the lower threshold, SELL signal when the main Stoch crosses below the upper threshold.
REVERSE SIGNAL option also required if possible.
I've been doing some research about the Stochastic indicator in order to better understand how it works and with what I have discovered, I put up a test using an EA we are currently developing in another thread (not in FF) and I had very good results since it was set up (last 3days of the past week, 11/01/2017 few minutes into LO) and has been running non-stop 24/5 without manual intervention.
Also the equity curve started with results of previous tests of other strategies on the same demo account but it rose up very high and fast after this strategy started on the account. In addition to high percentage of the winning trades, the EA also has the function of compounding (it uses account balance and risk factor with ATR of each symbol to calculate the lot size) which helped further in fast growth of the equity.
This is why I have requested for the PIN to be made sometime last week so we can test the strategy with our dear EAX as it has a lot more prudent functions to play with + other available PINS. I hope Aeseme will add the compounding function sometime soon.
Articles worth reading about the Stochastic.
http://stockcharts.com/school/doku.p..._slow_and_full
https://www.dailyfx.com/forex/educat...scillator.html
Thanks for your great efforts.
MM
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit:
$104
- #4,352
- Jan 14, 2017 10:23pm Jan 14, 2017 10:23pm
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit:
$104
- #4,360
- Jan 16, 2017 6:36am Jan 16, 2017 6:36am
- Joined May 2015 | Status: Trader | 1,438 Posts
{quote} OK, here an idea ... I will put together some fully commented mql code that provides the basic functionality of a PIN. People can then 'insert' their own indicator logic to create new PINS. How does that sound?