Hanover replies to PMs | Page 29 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Abokwaik replies to PMs 96 replies

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

Attachments: Hanover replies to PMs
Exit Attachments

Hanover replies to PMs

  • #561
  • Mar 3, 2017 3:32pm Mar 3, 2017 3:32pm
Quoting hanover
I'm not a "professional" MT4 programmer. I don't write code commercially for other traders' requests. It's too much hassle, the projects tend to go on forever as the trader keeps changing his rules....... and you never get paid enough, LOL.
Very wise.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #562
  • Mar 3, 2017 10:56pm Mar 3, 2017 10:56pm
Quoting hanover
{quote} First, here is a description of MT4 error message codes, as provided originally by MetaQuotes. Below is a code fragment from one of my (unpublished) EAs, that deals with placing an order. It assumes that the entry price, SL and TP have already been calculated according to the trading strategy, and that they are correct (e.g. for a buystop order, the entry must be higher than the current market price, and the SL must be at least a few...
Thank you very much. The brute force approach you mentioned is very useful and I will learn to code it. Thank you.
I agree with your comments that coding commercially is difficult. Too many turnaround and communication issue. When I was coding my indicator often I have to adjust it so many times to optimize it. Cannot imagine how troublesome it would be if I ask someone else to do it.
  • #563
  • Mar 6, 2017 1:51am Mar 6, 2017 1:51am
@Komugi: I don't know how to contact you privately, so I'll post here.

I am very 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.

Good luck,
David
  • #564
  • Mar 6, 2017 2:48pm Mar 6, 2017 2:48pm
Quoting TGS
Would you please explain the method you're planning to use those two indicators? The reason I ask is because perhaps your method of using those indicators can be manually traded or traded using other tools.
I've replied here, as I don't want to disrupt mladen's thread any further.

I will post a detailed explanation on the methodology soon.

There are a zillion ways of potentially using these indicators, and more than 430,000 FF members, hence I can't hope to cover everybody's wish list! The best I can do is share an EA that meets my own trading requirements, but is nonetheless very open-ended, and offer it on an 'as-is, take-it-or-leave-it, use-it-at-your-own-risk' basis. If others find it helpful, I'm gratified. If not, it is free, hence they have lost nothing. There are a zillion other EAs out there for everybody to choose from.

If people want to use the indicators manually, or use other tools to trade with, of course they are welcome to do so.

If I may share some personal info, I can't afford to develop EAs and indicators for other traders, unless they are useful to me personally. I am getting old, and suffering from eyestrain and headaches from spending too much time at the computer. There are only 24 hours in a day, and I want to focus more on trading than programming. So this EA is definitely a one-off, but since I'm writing it anyway, I'm happy to share it.
  • #565
  • Mar 6, 2017 2:55pm Mar 6, 2017 2:55pm
Quoting hanover
I will post a detailed explanation on the methodology soon.
Thanks in advance for sharing its methodology. I'm sure it'll be useful as is or, it'll spark new ideas of their usage.
  • #566
  • Mar 6, 2017 3:54pm Mar 6, 2017 3:54pm
Quoting TGS
{quote} Thanks in advance for sharing its methodology. I'm sure it'll be useful as is or, it'll spark new ideas of their usage.
Method explained here.
  • #567
  • Mar 7, 2017 12:39pm Mar 7, 2017 12:39pm
Hey David,

Sorry if this has already been asked in the thread, but do you give out your MQ4s? Some of your indis I'd be interested in getting modified so I was wondering if you give it out.
  • #568
  • Mar 9, 2017 2:22am Mar 9, 2017 2:22am
Quoting hanover
{quote} First, here is a description of MT4 error message codes, as provided originally by MetaQuotes. Below is a code fragment from one of my (unpublished) EAs, that deals with placing an order. It assumes that the entry price, SL and TP have already been calculated according to the trading strategy, and that they are correct (e.g. for a buystop order, the entry must be higher than the current market price, and the SL must be at least a few...
Hi hanover,

As I start to code the EA, I try to start with the sample EA from the mql tutorial website. But I look at their code and I think the quality is not mature enough. Although I can work with it, I foresee in the future tremendous refactoring might be possible when I adopt more complex trade management.

From my learning experience, I found the quickest way to progress in programming skills is by studying and imitating good programmer's code and style..I have browse through the FF but most of the people don't publish the source code of EA. I am wondering if you know of any mature coding pieces of EA from experienced programmers. I am not interested in the trading signal, only interested in the framework/architecture of the code. Even if it's a moving average cross EA with good, comprehensive and flexible code architecture would be a tremendous help for me to study.

Thank you and looking forward to your reply.
  • #569
  • Mar 9, 2017 3:58am Mar 9, 2017 3:58am
Hello Hanover, do you mind having a read of this and sharing your thoughts?

https://www.forexfactory.com/showthr...21#post9644521
HMSR
  • #570
  • Edited 6:03am Mar 9, 2017 5:50am | Edited 6:03am
Quoting acdfx
Hey David, Sorry if this has already been asked in the thread, but do you give out your MQ4s? Some of your indis I'd be interested in getting modified so I was wondering if you give it out.
The reason I tend not to post the MQ4s is that they're written using build 509, and hence would need to be re-worked to be made compatible with the latest MT4 builds (otherwise they compile with dozens of errors), before they can be modified to meet other trading requirements.

That being said, if there are any indicator MQ4s that you specifically want, let me know which ones, and I'll post them for you.

Quoting antonym
I am wondering if you know of any mature coding pieces of EA from experienced programmers. I am not interested in the trading signal, only interested in the framework/architecture of the code. Even if it's a moving average cross EA with good, comprehensive and flexible code architecture would be a tremendous help for me to study. Thank you and looking forward to your reply.
I definitely wouldn't recommend my own code. It's all written using build 509, and hence is incompatible with the latest MT4 builds.

There are some very capable coders around here, but I can't recall if they post source code. Anyway, in no particular order, and just off the top of my head:
mladen, FerruFx, hayseed, sangmane, cja, abokwaik, Xaphod, minmin830, MathTrader7, euclid, fxdaytrader_
Find threads with EA-related topics started by those programmers, and see if they have posted the MQ4 files. Sorry, but that's the best I can do.

Quoting Hmsr
do you mind having a read of this and sharing your thoughts?
Martingale staking has been discussed many times before (perform a forum search).

Given the math in your example, you'll effectively get 1023 wins at 1 unit each, and 1 loss of 1023 units, hence the long term expectancy would be the same as 'flat betting' at 1 unit per trade.

The attached XLS allows you to test many different staking systems. The overall net expectancy is zero in every case (explained further in the XLS).

Increasing the average stake size increases the risk of ruin.

If martingale gave the trader a winning edge, everybody would use it, and the (quasi) zero sum nature of the market would break down.
Attached File(s)
File Type: xls Martingale comparison.xls   125 KB | 384 downloads
  • #571
  • Mar 9, 2017 4:13pm Mar 9, 2017 4:13pm
Quoting TooSlow
{quote} Very wise.
How would you know TRO???????????

Mr. Seller of indicators.....Oh I'm sorry "Donational" of all freaking words for an idiot to come up with...LOLOLOL...You stupid freaking moron....that is not even a recognized word in the English language...but how would you know Alton...you speak something else at best...please go away retard!!
Plan, Prepare, Execute, Repeat
  • #572
  • Mar 10, 2017 11:52am Mar 10, 2017 11:52am
Quoting hanover
{quote} The reason I tend not to post the MQ4s is that they're written using build 509, and hence would need to be re-worked to be made compatible with the latest MT4 builds (otherwise they compile with dozens of errors), before they can be modified to meet other trading requirements. That being said, if there are any indicator MQ4s that you specifically want, let me know which ones, and I'll post them for you.
I'm wanting the MQ4s for the following, all of which I already have the ex4s for (including the Candle Identifier):

- Candle Identifier
- Pair Strength Analyzer
- Room Up/Room Down
- Signal

Thanks a ton!
  • #573
  • Edited 3:49pm Mar 10, 2017 1:31pm | Edited 3:49pm
Quoting acdfx
I'm wanting the MQ4s for the following, all of which I already have the ex4s for (including the Candle Identifier): - Candle Identifier - Pair Strength Analyzer - Room Up/Room Down - Signal Thanks a ton!
Candle identifier - not available, as it is now being sold (not by me) as a commercial product
PSA - not available, as it would allow removal of the copyright message

The others are attached, but as previously explained you'll also need the MQH library files here and the build 509 editor/compiler here (unless you first rewrite them to make them compatible with the latest MT4 build, in which case you might find pips4life's work here helpful -- he has rewritten the MQH library functions).
Attached File(s)
File Type: mq4 RoomUpDown.mq4   6 KB | 450 downloads
File Type: mq4 Signal.mq4   25 KB | 448 downloads
  • #574
  • Mar 12, 2017 5:33pm Mar 12, 2017 5:33pm
Quoting hanover
{quote} Candle identifier - not available, as it is now being sold (not by me) as a commercial product PSA - not available, as it would allow removal of the copyright message The others are attached, but as previously explained you'll also need the MQH library files here and the build 509 editor/compiler here (unless you first rewrite them to make them compatible with the latest MT4 build, in which case you...
This one should work (with the pips4life's include files) now
Attached File(s)
File Type: mq4 Signal nmc.mq4   25 KB | 811 downloads
  • #575
  • Mar 12, 2017 5:39pm Mar 12, 2017 5:39pm
Quoting hanover
{quote} Candle identifier - not available, as it is now being sold (not by me) as a commercial product PSA - not available, as it would allow removal of the copyright message The others are attached, but as previously explained you'll also need the MQH library files here and the build 509 editor/compiler here (unless you first rewrite them to make them compatible with the latest MT4 build, in which case you...
This one too (same include files)
PS: the warnings all benign - they should not influence the execution of the code. They (the warnings) can be ignored
Attached File(s)
File Type: mq4 RoomUpDown nmc.mq4   6 KB | 779 downloads
  • #576
  • Mar 14, 2017 2:37am Mar 14, 2017 2:37am
Quoting mladen
This one too (same include files) PS: the warnings all benign - they should not influence the execution of the code. They (the warnings) can be ignored
Many thanks for your work.
  • #577
  • Mar 15, 2017 3:33pm Mar 15, 2017 3:33pm
I know you're working on the new trend following project but I wanted to ask something because you generously share your wisdom and seem to be dedicated to understanding fundamentals (or at least you're an advocate of its importance) so I'm hoping you would kindly provide an opinion on this.

Do you think it's possible for there to exist a method so that at broker session open, that method would sufficiently successfully provide pair selection and intraday bias which would be valid for that intraday trading session?

The reason I'm asking is because I've been forward testing a pair selection method (PSM) for basket trading and posting their results on my journal, which so far seems to have reliably captured the mood of the market for an intraday basket (but only on non-speech high-impact news release days).

Yes I have a limited number of consecutive observations (only 6 to be exact since March 8, 2017) but I can't help but think there's an association between the two: whether or not PSM was sufficiently successful in determining market mood and, whether there was at least one non-speech high-impact news release.

I would appreciate your feedback or input on whether or not such a thing is possible or, are my PSM results have to theoretically be just random (even if PSM continues favorably moving forward).

I'll continue to post the PSM results on my journal and if the PSM pair selection results are favorable moving forward, perhaps with enough data points, I can set up a contingency table and do a homemade test for independence.
  • #578
  • Edited 7:30am Mar 21, 2017 4:50am | Edited 7:30am
@hanover

Dear David, Thank you for sharing Calendar news announcements, "News events 2007-01-01 thru 2014-04-18" It was very helpful. If you don't mind, could you please tell us the source of these news events, from which website did you download? Actually I found some differences when I was comparing it with news calendar from fxstreet.com. i.e. October 31, 2013 15:30 Initial Jobless Claims = 345K 339K 350K where on your excel file it is 340K 341K 350K

I will appreciate if you reply me. Thanks in advance.
  • #579
  • Mar 21, 2017 1:49pm Mar 21, 2017 1:49pm
Quoting TGS
Do you think it's possible for there to exist a method so that at broker session open, that method would sufficiently successfully provide pair selection and intraday bias which would be valid for that intraday trading session?
Sorry about the delay in replying.

My best guess is that I would say it depends on the nature and accuracy of your "method".

A forex trader I used to work with runs a daily TA-based currency strength/weakness analysis. I analyzed his performance statistically, over a 3 year period, and the result was little better than a 50/50 bias, although curiously some days of the week yielded decidedly better results than others.

I suspect that one of the biggest problems is that there are many competing 'forces' and belief systems driving the forex market. The best way would be to somehow gauge prevailing sentiment. Ideally this would necessitate polling the (say) 100 largest banks and institutions and establishing whether their collective views on certain currencies or pairs are short term bullish or bearish (i.e. something like this or maybe even this). But of course this type of info (for large banks/institutions) is not readily available to the retail trader.

There may be FA based possibilities, in certain situations. For example, if RBA was to unexpectedly hike interest rates during the Asian session, then we might reasonably expect AUD to remain supported as European traders hit their desks during the immediately following London session, thus creating bias.

There may also be ways that TA can be used to establish some kind of edge. For example, if a currency/pair is heavily overbought/sold -- has been rising/falling for several sessions -- and preferably without obvious supporting fundamental reasons. Then there may be room for correction and some profit taking, again creating bias.

My view is that markets are the product of belief systems that create bullish or bearish sentiment, and hence self-fulfilling prophecy, and that the best opportunities present themselves when the reasons for overriding sentiment are at their most obvious. I'm sorry that this is such a vague statement, and that I'm unable to be more helpful. Institutional traders would likely be better qualified to answer your question.

__________________________________________________________________________

Quoting shabirsaleem
If you don't mind, could you please tell us the source of these news events, from which website did you download?
....... where on your excel file it is 340K 341K 350K
Source is Forex Factory calendar. (Please note: FF frequently revise their results, sometimes several days after the event. However, the screenshot below confirms the figures in your post).
Attached Image (click to enlarge)
Click to Enlarge Name: PPI 181.png Size: 192 KB
  • #580
  • Mar 22, 2017 12:16pm Mar 22, 2017 12:16pm
@hanover

Thank you for your reply, it was very helpful.
2 traders viewing now