Renko Charts with TMA Band and CCBand (Idea - Fiddy) | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Can TMA Band Indicator be install in Phone MT4? 4 replies

RENKO Trading SYSTEM - RENKO Indicators 7 replies

Renko + TMA slope + MACD Colored 124 replies

New Renko Bar and Reversal Renko Bar Indicator Alert Help Please 5 replies

TL-Users: Idea Changing Linear MT4 Charts to Logarithmic Charts 14 replies

Attachments: Renko Charts with TMA Band and CCBand (Idea - Fiddy)
Exit Attachments

Renko Charts with TMA Band and CCBand (Idea - Fiddy)

  • #21
  • Jan 10, 2017 10:14pm Jan 10, 2017 10:14pm
Hi, here is a new printscreen with a new position opened a few hours ago. I enclosed also the alert indicator with the arrows. I can't wait till the EA is finished but I have patience.
Attached Image (click to enlarge)
Click to Enlarge Name: Trade2_GBPJPY.png Size: 76 KB
Keep it simple without too many crappy indicators!
  • #22
  • Jan 11, 2017 1:34am Jan 11, 2017 1:34am
Hi Fiddy / Rete,

Sorry if I am wrong but...............

Copy/paste
"Target For Buy: Price Goes To The Bottom of TMA Band. Take Profit At Open of Bar Following Arrow Signal (Bearish Candle) Down.
Target For Sell: Price Goes To The Top of TMA Band. Take Profit At Open Of Bar Following Arrow Signal (Bullish Candle)Up."

I think this must be the opposite way, right? When we go LONG we want to go to the north and this is the upper Band of the TMA, right?
And you wrote "price goes to the Bottom of TMA Band".... to the south.......

Maybe I am mistaken or I did not understand the text. But I am 100% sure that when we go LONG of course we go to the north.

Regards,
Johan
Keep it simple without too many crappy indicators!
  • #23
  • Jan 11, 2017 3:23am Jan 11, 2017 3:23am
Hello Fiddy,

First, it is your idea! I have only suggestions. I hope you don't mind. If you do, please tell me and I stop.

Maybe it is a good idea when you are in position to take profit with Partial Close when the price touches the middle of the TMA Band. Keep the other half running! I don't understand 100% when you open a trade. I have read your rules and for now I let the current EA run for as it is now. But I don't fully understand your rules. For as it is now I think (SELL position) a position opens when the price crosses the upper Band of the TMA and after that a red Bar occurs, right?

In that case taken profit for by example 50% of your lotsize seems to me it's not a bad idea. Even better, when this is happening adjust the initial Stoploss level to your entry or whatever you like which you can set in the EA.

Again, sorry for interfere but maybe you can do something with it?

Regards,
Johan
Keep it simple without too many crappy indicators!
  • #24
  • Jan 11, 2017 8:22am Jan 11, 2017 8:22am
Quoting luvene
Hi Fiddy / Rete, Sorry if I am wrong but............... Copy/paste "Target For Buy: Price Goes To The Bottom of TMA Band. Take Profit At Open of Bar Following Arrow Signal (Bearish Candle) Down. Target For Sell: Price Goes To The Top of TMA Band. Take Profit At Open Of Bar Following Arrow Signal (Bullish Candle)Up." I think this must be the opposite way, right? When we go LONG we want to go to the north and this is the upper Band of the TMA, right? And you wrote "price goes to the Bottom of TMA Band".... to the south....... Maybe I am mistaken...
Yes! Thanks for noticing I did write that Backwards.

"Target For Buy: Price Goes To The TOP of TMA Band. Take Profit At Open of Bar Following Arrow Signal (Bearish Candle) Down.
Target For Sell: Price Goes To The BOTTOM of TMA Band. Take Profit At Open Of Bar Following Arrow Signal (Bullish Candle)Up."
  • #25
  • Jan 11, 2017 8:32am Jan 11, 2017 8:32am
Quoting luvene
Hello Fiddy, First, it is your idea! I have only suggestions. I hope you don't mind. If you do, please tell me and I stop. Maybe it is a good idea when you are in position to take profit with Partial Close when the price touches the middle of the TMA Band. Keep the other half running! I don't understand 100% when you open a trade. I have read your rules and for now I let the current EA run for as it is now. But I don't fully understand your rules. For as it is now I think (SELL position) a position opens when the price crosses...
Lets just get a functioning EA first. There will be several things we can add later. Money management will be the main thing that makes this EA work. But I don't want to get this feed all cluttered with questions before the EA is published. Thanks!

This is a manual trade I took in the GBP/NZD. You can see where I entered and the EA would enter. I just wasnt in front of the computer to take it at the open of the bar.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 52 KB
  • #26
  • Jan 11, 2017 9:09am Jan 11, 2017 9:09am
Quoting Fiddy
{quote} Lets just get a functioning EA first. There will be several things we can add later. Money management will be the main thing that makes this EA work. But I don't want to get this feed all cluttered with questions before the EA is published. Thanks! This is a manual trade I took in the GBP/NZD. You can see where I entered and the EA would enter. I just wasnt in front of the computer to take it at the open of the bar. Screenshot1.png;2135354 {image}
This was written above....just be silent astoned of this fantastic work we both here do until all is finished.....
Attached Image
Vucking good EA coder... https://t.ly/AZjRM
  • #27
  • Jan 11, 2017 3:25pm Jan 11, 2017 3:25pm
HAHA I know...I Know
  • #28
  • Jan 14, 2017 8:57am Jan 14, 2017 8:57am
Reteid22, Fiddy wooow Great Job...!
Suscrbed...!
I have a Dream....
  • #29
  • Jan 14, 2017 11:19am Jan 14, 2017 11:19am
Sounds and look quite interesting.. Subscribed.. Waiting patiently for the EA...
  • #30
  • Jan 16, 2017 4:58pm Jan 16, 2017 4:58pm
repainting issues?
  • #31
  • Jan 16, 2017 8:01pm Jan 16, 2017 8:01pm
nice,but repaints
  • #32
  • Jan 17, 2017 12:22am Jan 17, 2017 12:22am
Repainting is not always as bad as you thinking. Sometimes it only happens when you refresh the chart.
Keep it simple without too many crappy indicators!
  • #33
  • Jan 17, 2017 11:05am Jan 17, 2017 11:05am
TMA repainting. It's looks nice when you looking back. In real is hard. I use this indi with martingale. Reti you can add this indi as logic to my EA. Please take a look. EA code in attachment.
Cheers for all.
Attached File(s)
File Type: ex4 STROM_MARTINGALE_EAv1.00.ex4   54 KB | 764 downloads
File Type: mq4 STROM_MARTINGALE_EAv1.00.mq4   65 KB | 987 downloads
  • #34
  • Jan 17, 2017 11:24am Jan 17, 2017 11:24am
Quoting Strom
TMA repainting. It's looks nice when you looking back. In real is hard. I use this indi with martingale. Reti you can add this indi as logic to my EA. Please take a look. EA code in attachment. Cheers for all. {file} {file}
Strom, are you sure it happens also when you are not refreshing the chart?
Keep it simple without too many crappy indicators!
  • #35
  • Jan 17, 2017 2:18pm Jan 17, 2017 2:18pm
@luvene, yes I'm sure.
  • #36
  • Jan 23, 2017 7:04am Jan 23, 2017 7:04am
Here are the rules....And attached is the CCI filter indicator and template.I hope you can test this and share results..If possible please optimize CCI settings for better performance and net pips..And also if possible optimize for different stop loss and take profit for better performance and positive net pips.Thank you and God bless you.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: FIRST METHOD.png Size: 92 KB
Click to Enlarge Name: SECOND VARIATION.png Size: 106 KB
Attached File(s)
File Type: ex4 Almo_CCi_2.ex4   19 KB | 578 downloads
File Type: tpl #NEWCCIFILTER.tpl   12 KB | 536 downloads
File Type: mq4 MA crossover alert indicator.mq4   7 KB | 684 downloads
Goal of a successful trader is to make the best trades. Money is secondary
  • #37
  • Jan 24, 2017 10:29am Jan 24, 2017 10:29am
Quoting Strom
TMA repainting. It's looks nice when you looking back. In real is hard. I use this indi with martingale. Reti you can add this indi as logic to my EA. Please take a look. EA code in attachment. Cheers for all. {file} {file}
Sorry I didn t answer you! Didn t look into the thread cause was coding the ea....
What about this indi? Is a a reversal signal?
Vucking good EA coder... https://t.ly/AZjRM
  • #38
  • Jan 28, 2017 1:13am Jan 28, 2017 1:13am
https://www.google.nl/url?sa=t&rct=j...45822982,d.d2s
Keep it simple without too many crappy indicators!
  • #39
  • Jan 28, 2017 6:26am Jan 28, 2017 6:26am
Quoting Fiddy
{quote} *NOTE: To those who begin following this thread. These rules are specifically for an EA, and not how I trade this system manually. That being said for now we want to get a functioning EA as the rules are described below. Once this is functioning properly, I will be addressing the money management portion which is ultimately what will make this a fully functioning EA. RULES Entry Buy: CC Cloud is Bullish. Arrow Paints Below Price (Bullish Candle). Buy Open Of Candle Following Arrow. EntryMust Open Below TMA Midpoint. Entry Sell: CC Cloud...
Fiddy, thanks for sharing.

I'd like to doublecheck this: if I get it right, the rules posted in this post are for EA trading only. Rules for manual trading are different. ("...not how I trade this system manually.") Have you posted rules for manual trading anywhere?

Thanks again.
  • #40
  • Jan 28, 2017 6:29pm Jan 28, 2017 6:29pm
Veeery interesting work. Subscribed
0 traders viewing now