Tick separate volume trading - coder needed | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Question: What is the difference between Tick Volume and (true) Volume? 8 replies

Tick Size, Tick Rate, Tick Spread, and Tick Logger indicators 36 replies

Does 'volume' of MT4 show the tick volume of the market? 47 replies

Volume for indices, tick and the exchange derived volume 4 replies

Tick by Tick trading? 5 replies

Attachments: Tick separate volume trading - coder needed
Exit Attachments

Tick separate volume trading - coder needed

  • #81
  • Edited 1:21am Mar 8, 2017 1:08am | Edited 1:21am
Quoting MathTrader7
Here is Version 1.44 of the EA. I changed the logic and it seems to best work on D1 time frame. {image} {file}

I have a little experience with the TickVolume indi. Best is when the higher tf to lower tf tickvolume buyers is greater than sellers, then we go for long. The reverse for sell. e.g. D1, H4, H1, M30, M15, M5, M1 (all tickvolume buyers across all tf > sellers, go for long).

We have to experiement how much buyers for each tf to exceed sellers for buy. From my experience, the higher the number of buyers exceed sellers on M5, M15 and M30 is very high during trending. There is one more things to watch, each broker data feed will be different and so is the tickvolume.

The reverse for sell.
  • #82
  • Mar 8, 2017 10:20am Mar 8, 2017 10:20am
Trading volume difference definitely requires Long and Short trades to be optimised and traded independantly of each other.
Also, the optimal difference threshold for either a Long or a Short needs to be dynamically variable because it changes from one week/day to the next , depending on the trend.
Any ideas how you could accommodate for this in your EA Mathtrader?
Attached File(s)
File Type: zip GBPJPY_Results.zip   49 KB | 376 downloads
  • #83
  • Mar 8, 2017 10:32am Mar 8, 2017 10:32am
Quoting Sizzles
Trading volume difference definitely requires Long and Short trades to be optimised and traded independantly of each other. Also, the optimal difference threshold for either a Long or a Short needs to be dynamically variable because it changes from one week/day to the next , depending on the trend. Any ideas how you could accommodate for this in your EA Mathtrader? {file}
Dynamic Threshold is not trivial to implement profitably, but I will think about it.

P.S. I see that you use real ticks for the backtests, could you do a backtest on D1 time frame?

Best,
Math
Trading is the hardest way to make easy money...
  • #84
  • Mar 8, 2017 1:50pm Mar 8, 2017 1:50pm
Quoting MathTrader7
{quote}P.S. I see that you use real ticks for the backtests, could you do a backtest on D1 time frame? Best, Math
Sure Mathtrader. Trading ONLY Shorts on the Widow-Maker (GBPJPY), Daily TF for the year to date shows excellent profit using your EA.
Enough to justify removing that live trading restriction me thinks
I haven't found a profitable setup for Long trades. I guess this is probably due to the general downward trend the GBP has had.
Attached File(s)
File Type: zip GBPJPY_Shorts_Only_010117-030317.zip   9 KB | 380 downloads
  • #85
  • Mar 8, 2017 2:41pm Mar 8, 2017 2:41pm
Quoting Sizzles
{quote} Sure Mathtrader. Trading ONLY Shorts on the Widow-Maker (GBPJPY), Daily TF for the year to date shows excellent profit using your EA. Enough to justify removing that live trading restriction me thinks I haven't found a profitable setup for Long trades. I guess this is probably due to the general downward trend the GBP has had. {file}
As I found out, it seems to best work on D1 time frame. Now, we need a forward test of the EA before risking real money.
Trading is the hardest way to make easy money...
  • #86
  • Mar 22, 2017 6:09am Mar 22, 2017 6:09am
Mathtrader7, there is a bug in your EA in relation to the calculated SL on a pair when a trade is opened.
Sometimes (more often with 3 digit pairs), a considerably incorrect value is calculated.
Here I am using 400 pts as a default SL. The bug often creates a 110-120pt SL instead.
I've seen this happen on CHFJPY and GBPJPY now.

Also, is there any chance you can include a 'Reverse Mode' option?
I am seeing in testing that your EA locates many many rebounds.
It would be nice to see if there is profit opportunity there.

Attached Image (click to enlarge)
Click to Enlarge Name: SL_Problem.jpg Size: 140 KB
  • #87
  • Mar 22, 2017 7:04am Mar 22, 2017 7:04am
Quoting taipan99
{quote} I have a little experience with the TickVolume indi. Best is when the higher tf to lower tf tickvolume buyers is greater than sellers, then we go for long. The reverse for sell. e.g. D1, H4, H1, M30, M15, M5, M1 (all tickvolume buyers across all tf > sellers, go for long). We have to experiement how much buyers for each tf to exceed sellers for buy. From my experience, the higher the number of buyers exceed sellers on M5, M15 and M30 is very high during trending. There is one more things to watch, each broker data feed will be different...
  • #88
  • Mar 22, 2017 10:05am Mar 22, 2017 10:05am
Quoting Sizzles
Mathtrader7, there is a bug in your EA in relation to the calculated SL on a pair when a trade is opened. Sometimes (more often with 3 digit pairs), a considerably incorrect value is calculated. Here I am using 400 pts as a default SL. The bug often creates a 110-120pt SL instead. I've seen this happen on CHFJPY and GBPJPY now. Also, is there any chance you can include a 'Reverse Mode' option? I am seeing in testing that your EA locates many many rebounds. It would be nice to see if there is profit opportunity there. {image}
1. There is no bug! The SL is calculated correctly. What you see as SL in your terminal is the price level, not SL distance in points.
2. I may add reverse mode in the next version.

Best,
Math
Trading is the hardest way to make easy money...
  • #89
  • Mar 23, 2017 12:47pm Mar 23, 2017 12:47pm
Quoting MathTrader7
{quote} 1. There is no bug! The SL is calculated correctly. What you see as SL in your terminal is the price level, not SL distance in points. 2. I may add reverse mode in the next version. Best, Math
can i use this ea on real?
  • #90
  • Mar 23, 2017 3:07pm Mar 23, 2017 3:07pm
Quoting MathTrader7
{quote} 1. There is no bug! The SL is calculated correctly. What you see as SL in your terminal is the price level, not SL distance in points. 2. I may add reverse mode in the next version. Best, Math
How is your EA handling or using price level?
  • #91
  • Mar 24, 2017 3:19pm Mar 24, 2017 3:19pm
Quoting Sizzles
{quote} How is your EA handling or using price level?
Here is Version 1.45 of the EA in which the user can set reverse trade mode.
Attached File(s)
File Type: ex4 MathTrader7_TVScalperEA.ex4   54 KB | 926 downloads
Trading is the hardest way to make easy money...
  • #92
  • Mar 26, 2017 2:36am Mar 26, 2017 2:36am
Thanks MathTrader.
  • #93
  • Mar 27, 2017 2:21pm Mar 27, 2017 2:21pm
Quoting mellyfx
a little modification {file} {image}
Is a profile version (delta volume at price) of this possible with tick data? I only know it from futures but would be interesting.
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #94
  • Mar 29, 2017 9:29am Mar 29, 2017 9:29am
Quoting MathTrader7
{quote} Here is Version 1.45 of the EA in which the user can set reverse trade mode. {file}
Hello MathTrader7, can you add a trailingStop and trailingStep in this EA?
Sorry about my English. Thank you very much.
Attached File(s)
File Type: mq4 time_trader_v1_1.mq4   4 KB | 496 downloads
  • #95
  • May 13, 2017 5:45am May 13, 2017 5:45am
Here's 6 weeks forward testing results with the full charts and settings profile.
Attached Image (click to enlarge)
Click to Enlarge Name: Overview.jpg Size: 178 KB
Attached File(s)
File Type: zip Tick_Volume_Test.zip   32 KB | 440 downloads
  • #96
  • Jul 22, 2017 2:38pm Jul 22, 2017 2:38pm
Quoting MathTrader7
Here is Version 1.44 of the EA. I changed the logic and it seems to best work on D1 time frame. {image} {file}
Do you have similar scalping EA, which hold open orders under 1 minute?
  • #97
  • Edited 10:25pm Jul 22, 2017 5:00pm | Edited 10:25pm
Quoting Unabletrader
Here's an example on the EURUSD future contract (6E): {image}
That is because futures account for approximately 100 billion of a 5 trillion fx market (2%).

So, just because you have more sellers then buyers in futures contracts of course price can still go up considering it is representing a such a small fraction of the actual market volume.
  • #98
  • Sep 1, 2017 9:32am Sep 1, 2017 9:32am
Hello, i just wonder
why definition of uptick is like below.... thanks ahead... i ignored units

uptick = volume +(close-open)/2


as far as i know, tick is the variation of the least digit on price.
according to the above equation, tick and volume is very simply related.
is that true?
  • #99
  • Nov 9, 2017 4:55am Nov 9, 2017 4:55am
Quoting MathTrader7
{quote} Here is Version 1.45 of the EA in which the user can set reverse trade mode. {file}
Hi MathTrader7,

could you tell me please if this EA is still working?
Thanks
Cheers
  • #100
  • Nov 9, 2017 6:44am Nov 9, 2017 6:44am
Quoting Vin_C
{quote} Hi MathTrader7, could you tell me please if this EA is still working? Thanks Cheers
Hi, I don't personally use this EA. So I don't know whether it is still working with the latest version of MT4.
Trading is the hardest way to make easy money...
0 traders viewing now