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

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Hanover replies to PMs

  • #601
  • Apr 15, 2017 3:53am Apr 15, 2017 3:53am
Quoting hanover
{quote} I see that you've already asked for help elsewhere. There's no point in two programmers doing the same work. And anyway, sorry, I don't have the time or stamina to provide a coding service for every FF member who has a problem with an indicator.
Dear Sir, Its true I have posted the same request on this forum elsewhere, but the fact is many of my such request turns out to be a void, so I found it necessary to post at 2 places. I have send this request to you as I have very high hope form you. I know you are THE MOST EXPERIENCED and THE MOST RESPECTED coder I have came across in my life.

I know some times coder finds such request as childish so they dont take interests in these kind of coding. But Belive me for me it can be my life changer, as I consider this as my dream project to find the counter of this kind.

I again request you, Sir please look in to my code and add me some counter for which I am looking for, based on your logic will try to learn and try to implement such counter in other indicators.

Once Again Kind regards,
Siraj
  • #602
  • Apr 16, 2017 1:07am Apr 16, 2017 1:07am
Quoting siraj74
I know you are THE MOST EXPERIENCED and THE MOST RESPECTED coder I have came across in my life.
Then I guess you must be very young.
Please excuse me if I smile, but when people write flattering comments, I assume it's because that they're about to ask for a favor.

But since you're a fellow programmer, I'll have a look at your request, after I've finished my current work in progress, and assuming that nobody else answers your parallel post in the meantime.
  • #603
  • Apr 16, 2017 3:16am Apr 16, 2017 3:16am
Quoting siraj74
{quote} ... I consider this as my dream project to find the counter of this kind. I again request you, Sir please look in to my code and add me some counter for which I am looking for, based on your logic will try to learn and try to implement such counter in other indicators. Once Again Kind regards, Siraj
If you manually trade such signals and make any money doing so, then I can pretty much guarantee that you have NOT fully described your trade criteria that you actually use. There is more to it than what you say, which is exactly what Hanover said occurred for so many of the EA's he used to co-develop, until it was clear such ideas were not well thought out.

There is no way that these signal could be considered a "success" by your simple criteria that the mere color of the next bar (alone) should be measured as a "Win".

The color alone of the next bar says nothing about that candle's wicks and body, and how far did price go against your signal at the bar Open. How long did the counter-trend last, and would you have stayed in the trade long enough to get any or much of it?

Even if the next candle is the "wrong" color, if it went as far as your profit target, it could have been a winner (usually very small) before it went against it.

Suppose you Buy (or Sell) at the Open. How much against your trade will you tolerate before closing at a loss? What is the spread you must overcome to be profitable? At WHAT EXACT profit target (#pips) will you close the trade? Just because a candle zooms a little -- or a lot -- into profit doesn't mean you will get any of it. Every trade develops over time, and very often a trade in tiny or small profit will go negative, either forcing a loss, or if you're lucky, back into some profit -- maybe big profit... but you never know in advance! You need exact exit criteria.

You showed an M1 chart. Those tiny candles are far too small relative to the spread size. To be a "Win" would have to overcome the spread plus some decent minimal profit. Very few of the signals of your indicator do that, except at the most extremes of moves -- usually after a lot of bad signals.

Just look at any chart, and "step back" from it, enough so you can get a sense of what is the trend during any stretch of time, until the trend flattens or reverses. It is obvious that the *color* of the great majority of your signals are the *opposite* of what you say counts as a winner. They are clearly going against the trend.

To take a 1-bar countertrend trade against the trend just because of a Close beyond the Bollinger outer band is a bad, losing idea, IMO. Perhaps a lot of big trends start at such signals, but usually after a lot of losing ones. But suit yourself...
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-04-16_0104.png Size: 134 KB
  • #604
  • Apr 16, 2017 3:25am Apr 16, 2017 3:25am
Quoting pips4life
If you manually trade such signals and make any money doing so, then I can pretty much guarantee that you have NOT fully described your trade criteria that you actually use.......
Agree, good post!

But everybody has to start learning somewhere, and I don't mind making a simple mod to his indicator, when I get some spare time.

Hope your trading is going well.
  • #605
  • Apr 16, 2017 5:53am Apr 16, 2017 5:53am
Quoting hanover
{quote} Then I guess you must be very young. Please excuse me if I smile, but when people write flattering comments, I assume it's because that they're about to ask for a favor. But since you're a fellow programmer, I'll have a look at your request, after I've finished my current work in progress, and assuming that nobody else answers your parallel post in the meantime.
Thank You so much Hanover, you guess me right, consider me as fresher in programming. I can wait for your efforts.
Thanks once again.
  • #606
  • Apr 17, 2017 9:18am Apr 17, 2017 9:18am
Quoting hanover
{quote} Agree, good post! But everybody has to start learning somewhere, and I don't mind making a simple mod to his indicator, when I get some spare time. Hope your trading is going well.
Hanover,
I am looking for someone to assist in turning my Indicator into an EA. Are you able to help me with this?
  • #607
  • Apr 17, 2017 12:45pm Apr 17, 2017 12:45pm
Quoting GoldenEmpire
I am looking for someone to assist in turning my Indicator into an EA. Are you able to help me with this?
Sorry, I am unable to help, too busy with other work.
  • #608
  • Apr 19, 2017 10:19am Apr 19, 2017 10:19am
Hey mr. Hanover

First of all I must pay my respect for all the work and insights you are giving here on ff.

My question to you is a bold one but I dare to ask, I probably won't get much back from you.
Here it goes:

You posted a picture here: https://www.forexfactory.com/showthread.php?t=280435 on your 26 month succesful trader a printscreen taken by you of a million dollar trader: https://www.forexfactory.com/attachm...9&d=1487072318 .

I know you blacked out all the screen for privacy purposes but I'm trying to descypher some bits of the chart. I see pivots, I see a MRC indicator, I see two MA's probably 10 and 20 EMA/SMA and I see potential pivot clusters?

My question is, is there any chance to reveal the technicals there? Its far from giving away his edge because only he knows how he trades that. I'm just trying to set myself on a path of learning without being misguided by so many methods, technical indicators, and false gurus all over the internet.

Best regards and whatever your response is, I will always respect you!

Wish you all the best
dttsomh
  • #609
  • Apr 19, 2017 12:13pm Apr 19, 2017 12:13pm
Hello Mr. Hanover!

I’ve been very old reader of your posts, and for me, you are the most experienced/learned
Person in FF. though I’ve been visiting FF for a long time but I am not very familiar their rules
And regulations.
I’ve got a question for you., what if I find someone here in FF, scamming/cheating to the other
Members of FF. I know one person here and I’ve been in touch with him for more than 4 months
Through PM, but his intention still same, now he started new thread, I tried to inform others via
Posts but finally he blocked me, put me his Ignore list. Now how do I let other people know that
He is a Scammer., I can upload all PM, that was between him and I if needed.

Plz advise. thanks & take care.
loveandpeace
  • #610
  • Apr 19, 2017 12:25pm Apr 19, 2017 12:25pm
Quoting loveandpeace
Hello Mr. Hanover! Ive been very old reader of your posts, and for me, you are the most experienced/learned Person in FF. though Ive been visiting FF for a long time but I am not very familiar their rules And regulations. Ive got a question for you., what if I find someone here in FF, scamming/cheating to the other Members of FF. I know one person here and Ive been in touch with him for more than 4 months Through PM, but his intention still same, now he started new thread, I tried to inform others via Posts but finally he blocked me, put me his...

Hi,
you can message Twee
https://www.forexfactory.com/twee

He moderates forexfactory.

regards
  • #611
  • Apr 19, 2017 12:53pm Apr 19, 2017 12:53pm
thanks dttsomh.
  • #612
  • Edited Apr 20, 2017 1:57pm Apr 19, 2017 1:59pm | Edited Apr 20, 2017 1:57pm
Quoting dttsomh
First of all......
These are two different traders:

1. The fund manager with 26 consecutive profitable months uses (as far as I know) TA, backtested statistics, and some discretion.

2. The "million dollar trader" trades using predominantly fundamentals. He is a friend of somebody I used to chat with often. I don't know what levels he has on his charts or how he uses them. I believe you're correct when you say it's not the tools themselves that are important, but that a trader's implementation makes his strategy worth more than the sum of its parts. As the saying goes, both good and bad traders use mostly the same tools, but the good trader knows how to use them effectively.

Sorry I can't be more helpful. I honestly don't know.
____________________________
Quoting loveandpeace
Ive been very old reader of your posts......
I guess that you already know that many of the forum rules can be viewed here?

Re scammers, there are currently 9,250 threads in the commercial forum, and I suspect that maybe 9,000+ of these systems would eventually lose money, if traded for long enough. If your intention is to save others from being cheated, you're fighting a battle not only against vendors, but also against buyers' greed, laziness and ignorance. Anyway, there are other threads where you can report scammers, e.g. here and here, or start your own one (and even ban the scammer from defending himself, if you feel so inclined!!!). Or you could simply contact Twee, as ddtsomh suggested.

I'm on several members' ignore lists, been banned from many threads, and have had a number of lengthy posts binned (hence I don't share so much now, typing takes time and effort). Trading forums inevitably have their share of trolls, naysayers, blowhards and freeloaders; you will always find people who disagree with you, and human nature being what it is, some responses will be unduly harsh. Apparently people's egos tell them that winning debates and vouches is more important than improving their own trading performance. It all seems a little senseless to me, which is why I no longer take forum posts, or member rankings, too seriously.
  • #613
  • Apr 19, 2017 3:09pm Apr 19, 2017 3:09pm
Hanover, thanks for your detailed, informative reply.
I appreciate you giving your time. take care &
I ever praying for you and for your family.
  • #614
  • Edited 7:19pm Apr 19, 2017 3:26pm | Edited 7:19pm
Quoting loveandpeace
thanks for your detailed, informative reply. I appreciate you giving your time. take care & I ever praying for you and for your family.
You're welcome, I wish you every success on your trading journey.
  • #615
  • Edited 1:59pm Apr 25, 2017 8:02am | Edited 1:59pm
Quoting jideoladele
please can you help me change this indicator to a good mechanical/robot trader, with TP, SL, and work on all TF. cancel the last order when new order pops up.
I'm happy to share some of the indicators and EAs that I've written myself, but -- unlike other programmers who are more generous than me -- I'm sorry, but I'm not providing a coding service for FF members, free or otherwise. If you need MT4 coding or troubleshooting performed, please try posting in one of the "I code your indicators for free" threads. Or if you're willing to pay, there are sites like upwork or rent-a-coder.
______________________
Quoting aaven
you have delegated a portion of your capital to be traded by a person. What specific reasons/scenarios can/should one utilize such an approach?
I have a very small part of my investment portfolio being traded by a fund manager (more info here). IMHO trading is risky and you should only use money that you can 'afford to lose'. Having said that, it depends on your appetite for risk; it is probably fair to say that I am very risk averse. With regard to investment, I'm a firm advocate of diversification, and (wherever possible) I don't believe in buying assets if it involves borrowing money; I prefer to remain debt free.

Also, for me to invest money with a fund manger, especially someone I'd never met personally, then as an absolute minimum I'd want to:
 be satisfied that he was thoroughly conversant with the entire process of trading,
 fully understand his approach to risk management,
 see evidence that he is both officially accredited AND regulated by the relevant governing body in his country,
 be supplied with the physical address of his operation,
 see an independently audited performance dating back at least five years and several hundred trades, and
 ensure that any funds were held in my name, and that the manager had nothing more than a POA to trade the funds on my behalf.

Evidence like trade explorers, myfxbook etc is nowhere near enough for me.
  • #616
  • Apr 25, 2017 12:11pm Apr 25, 2017 12:11pm
Quoting hanover
{quote} I'm happy to share some of the indicators and EAs that I've written myself, but -- unlike other programmers who are more generous than me -- I'm sorry, but I'm not providing a coding service for FF members, free or otherwise. If you need MT4 coding or troubleshooting performed, please try posting in one of the "I code your indicators for free" threads. Or if you're willing to pay, there are sites like upwork or rent-a-coder. ______________________ {quote} I have...
Thanks Mr.Hanover for the thorough response...
  • #617
  • Edited Apr 27, 2017 12:17am Apr 26, 2017 10:36pm | Edited Apr 27, 2017 12:17am
Attached is a ZIP containing a comma separated (CSV) file of 45,560 FF calendar news announcements from Jan 1, 2007 thru Apr 21, 2017, timestamped New York EST (or DST when applicable). The CSV file can be imported to any platform (e.g. Excel) for further analysis.

Columns (from left to right) are:
Date, Time, Currency, Impact, News description, Actual, Forecast, Previous, Revised from, FF event ID

[EDIT]
NOTE: If this data is useful to you, please 'like' this post. If not, please 'dislike' it. That will help me decide whether or not to continue providing this free service.
Attached File(s)
File Type: zip News events 2007-01-01 thru 2017-04-21 timestamped New York time.zip   753 KB | 289 downloads
  • #618
  • Apr 29, 2017 7:35pm Apr 29, 2017 7:35pm
Quoting hanover
Attached is a ZIP containing a comma separated (CSV) file of 45,560 FF calendar news announcements from Jan 1, 2007 thru Apr 21, 2017, timestamped New York EST (or DST when applicable). The CSV file can be imported to any platform (e.g. Excel) for further analysis. Columns (from left to right) are: Date, Time, Currency, Impact, News description, Actual, Forecast, Previous, Revised from, FF event ID [EDIT] NOTE: If this data is useful to you, please 'like' this post. If not, please 'dislike' it. That will help me decide whether or not to continue...
Hello
May i get contact with you via message or skype ?
Take it easy.
  • #619
  • Apr 29, 2017 8:17pm Apr 29, 2017 8:17pm
Quoting Quants
{quote} Hello May i get contact with you via message or skype ?
See post #1.
  • #620
  • May 3, 2017 6:36am May 3, 2017 6:36am
Hi Hanover,
This is way off topic but my son is also into trading, & he downloaded an ADX ea which has an input entitle - Pong_16.
I cannot help him with a description or purpose because I have never come across it before.
Would you mind helping us both with its purpose/use, please?

We would both be very grateful.
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