DislikedDear All, is there a alert EA for this strategy that send notification whenever a possible signal comes ? many thanks.Ignored
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- #884
- Edited 10:20am Apr 4, 2017 10:09am | Edited 10:20am
@cornulala {image} is correct?
{quote} That's one of the superior features TFA has compared to this cheap copy here. It makes me sick if i look here in the threads (and this here in special) where things get copied from existing stuff and nobody feels guilty about it. Getting everything without effort and money, that's how 90% of all users thinking here. If you find those stuff usefull pay the fucking ridiculous low fee every month and trade it. If you can't afford this you are probably no even able to trade any system.
1. Grid visualization is nothing new and the author of TFA was not the first one to propose it and make money from it.
2. The important thing is the math, especially the automatic trade entry, not the visualization. I have no idea if the version available here is even close to the original math except for the moving averages.
3. I tried to get into the TFA community but they don't reply to my emails. The website says, they are generally not taking new members. If you go to the pricing site and try to purchase it says "You must be logged into an account to purchase".
Also I think $117 per month is not that cheap. They don't provide any performance evidence e.g. myfxbook. Maybe there are members around who can say something about the performance of the automatic trades, but so far one could even assume that they are making good money for a very nice looking indicator, which does not perform. But I would be glad to be proven wrong.
- #886
- Apr 4, 2017 12:17pm Apr 4, 2017 12:17pm
{quote} Well, you can set the look back period as you want. I set both to 960 because on M15 you then look back 10 days and on M30 20 days. For H1 with 1200 bars it is 50 days. I think as long as there is a factor of 2-4 between each time frame it is ok.
I found it interesting to leave the two segments of fibonacci on the grid, and I confess that it starts off a bit, but it will be a matter of time before I get used to it.
- About TFA.
I do not disagree that the tool is fantastic (to what it proposes), I would like to try it for a few days, however, the fact that you can only use it with a single brokerage house in which I do not work puts me aside.
*Sorry my english.
Best Regards! DaniP.
Also I think $117 per month is not that cheap. They don't provide any performance evidence e.g. myfxbook. Maybe there are members around who can say something about the performance of the automatic trades, but so far one could even assume that they are making good money for a very nice looking indicator, which does not perform. But I would be glad to be proven wrong.
About TFA. I do not disagree that the tool is fantastic (to what it proposes), I would like to try it for a few days, however, the fact that you can only use it with a single brokerage house in which I do not work puts me aside.
{quote} Actually, I also tried ATC but they denied the application after 3-4 weeks. An email question why they denied it was not answered until now, 6 weeks later. Probably because I stated that I had around 25k to trade with, which maybe was not enough for them. "without own effort" is exaclty what you are doing if you just register at ATC and take it for a small fee. We are programming this indicator ourselves so it is much more effort and it is actually not very hard from coding point of view, so why pay for it. I also don't pay for trailing...
If you had a 25k account. Then a 0.5% risk trade would made you the fee in one trade with R:R 1:1. That's to much for you?
25k on a demo account isn't counting. 
Getting something without effort by registering at ATC. Next total nonsens. How do you think they are paying the difference? Just for you "einstein" they using your commissions for that, so you paying indirectly and then we have not even a win-win situation we have a win-win-win situation (you, the broker and TFA).
You are programming the stuff yourself.
The first posted EA here has around 1.5k lines of code your last around 1.6k. I piss in my pants if that is serious programming. All so called developers here are using given stuff and adding more or less usefull gimmicks. All that the beggars and collectors can celebrate them for their "work". I case of DaniP all the work is copying existing stuff even with the same colors just to look like the original.I have talked with desmond about this thread and he gave me some numbers. The TFA EA alone has 5.0k lines of code and uses libraries that also have 3.1k lines of code. The additional indicators provided having also a count of over 4.5k lines of code. So that speech for itself. And i have not seen a single class in your stuff telling me this "hord" of prgrammers think and work, so reuseable code wil not be found in your stuff, e.g. looking also at 55 lines only for deleting graphical objects proof that story.
Overall i will say a bunch of scriptkids trying to copy a quite good designed solution. No problem at all, but since it looks like and partly behave like TFA will every failure (and it will) also hurt the reputation of the original TFA.
{quote} Never read such a bullshit (even for FF is that a new level). If you had a 25k account. Then a 0.5% risk trade would made you the fee in one trade with R:R 1:1. That's to much for you?
But as I said before I tried both ways, directly via TFA website and via ATC brokers to get a paid trail of TFA, but both did not work. I am very willing to pay a bit and try it out for a few month, which would be much less effort than trying to code it ourselfs. But if it is not possible to get into the magic community, we have no choice.
Again, the math is the important part because it (hopefully) gives you an egde. And if the real TFA has the same math as this copy, then it is really not worth that much because it is just some constant distances from various MAs. I was refering to that as not hard to code. Of course the TFA with automatic trade and all those buttons will have lots of code lines. And if the math is different, then nobody has to complain about this copy since they are two different indicators.
Another thing, you could always ask yourself if you are willing to trust some random levels a guy tells you are very important or if you rather understand the math and thus be able to judge from statistical historic analysis. I did this for normal fibo retracements and there only the 50% (which is not even a fibo number) and 100% were statistically significant for price reversal. I would love to do this for the TFA levels (to prove that it gives an egde), but they did not reply when I asked about it.
And if the real TFA has the same math as this copy, then it is really not worth that much because it is just some constant distances from various MAs.
With those informations i can trade both directions of the next breakout very comfortable by knowing where the next prices probably are
10 minutes later...
Quick scalp for 4 pips after break of the previous low. 2 more and if done with my trading day today.
Looks interersting, another thing we can copy. 
But you have the same problem as with normal support/restistances. How did you know the first one will hold and the second one break? The levels are so wide that if you wait for a strong confirmation than the price has already moved a lot and you are at risk of selling the low or buying the high. Also, if you look at the line at 5-6 o'clock the price moved though it as if it wasn't there.
Concerning the math, did you set the copy and the real TFA next to each other and compare the levels? I tried it with your screenshot. Some seemed similar, some not. But the historic view of the indicator is hard to get right. If they are different you don't have to bother about this copy anyway.
But you have the same problem as with normal support/restistances. How did you know the first one will hold and the second one break? The levels are so wide that if you wait for a strong confirmation than the price has already moved a lot and you are at risk of selling the low or buying the high. Also, if you look at the line at 5-6 o'clock the price moved though it as if it wasn't there.
Concerning the math, did you set the copy and the real TFA next to each other and compare the levels? I tried it with your screenshot. Some seemed similar, some not. But the historic view of the indicator is hard to get right. If they are different you don't have to bother about this copy anyway.
Looks interersting, another thing we can copy.
But you have the same problem as with normal support/restistances. How did you know the first one will hold and the second one break?
Trading is not a mathematical thing (i thought it years ago, maybe like you now) but you have to develop other skills to to be not the looser who gives to money away. Sharp your brain not your indicators!
- #898
- Apr 5, 2017 8:10am Apr 5, 2017 8:10am
- Joined Aug 2010 | Status: Stare Into the Lights My Pretties! | 795 Posts
Ok. Here he has an other nick than at SH, apologize it. I know him only under that nick Comfy. But why do you copy his work after he show so much friendliness and shared the model? You even copied his colorscheme here. Good for him that his tool is light years in front compared to the stuff here and I hope his deal he made with a big broker gives him the chance to get the user base he deserves. Should all the beggars, indicator collectors and losers stay with the copied stuff here. Because of so many ungrateful behaving members everyone who has...
After all, not everyone can afford to pay for access to the good stuff.Although you might be quite right that some forum members are ungrateful.
I even know that some forum members are selling some of my FREE indicators from this forum and from other forums!
And they don't even bother to change them in any way.......this is how people are.
They will take any chance they get.
Should I stop posting tools here? Maybe...maybe not. I'm not sure.
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By the way, right now I'm working on the next generation grid system.
When it's ready, this new system will make all previous grids obsolete.
Or to use your way of expression, my new system is light years ahead compared to the current system.
The new system is contained in a single file. The settings are centralized, and no need for external templates. It has internal templates and color schemes.
The UI itself is a grid, like one dashboard, with multiple cells for each market and everything is fully scalable. All sizes, colors, fonts....
One foundation and trading interface, and on top of it I can place any type of grid system.
With a single click the user can switch between different grids versions. For example one grid will be optimized for trend trading, the other for scalping......and also for different markets.
I make the system to work with both MT4 and MT5.
So it will work with any market, including exchange traded products and stocks.
Let's just hope that MT5 will run OK in the future.
Next thing in the project pipeline - pattern recognition scanner and fully automated trading is also planned. (Work in progress)
This is the base layer (the foundation of the UI).
And with different scale.
And this is with some basic grid objects on top.
Here with larger zoom level
Now, YOU tell me. Can I share this system here or not? Or in other words, if I post the source code in the forum for free download, this will be a mistake?
What do you think?
- #899
- Edited 9:00am Apr 5, 2017 8:20am | Edited 9:00am
{quote} Can I share this system here or not?
I am all for open source, also trading on a linux system here even though I have to say that the indicator looks a bit ugly on linux as not all MT4 functions work properly.