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Abokwaik replies to PMs 96 replies

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

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Hanover replies to PMs

  • #641
  • May 10, 2017 5:34am May 10, 2017 5:34am
Quoting Skat
Hi Hanover, https://www.myfxbook.com/members/vol...ccount/1855976 what do you think about this EA, will you be willing to pay for this EA? 6 months of track record is worth to judge the EA in your opinion?
Doesn't look very impressive. EA products pointzero-trading.com is selling look better in performance. (They posted some Myfxbook screenshots there.) Of course, I also don't believe EAs can make money in the long run as Hanover believes...
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #642
  • May 10, 2017 7:07am May 10, 2017 7:07am
{quote} Thanks TooSlow. I dont think that is it. I am not passing this input for any other timeframes. This EA runs at candle open of the chart timeframe where it is attached to.... so if it is running on M5, every 5 minutes, it will check for ALL timeframes (except MN1) to see if any have vol=0. Then depending on which timeframes have candle open, it triggers different set of functions.... except this is not happening for W1 at the first tick of Sunday open. if(arg_period==PERIOD_W1) { CurrentCandleW1=iTime(Symbol(),PERIOD_W1,0); if (LastCandleW1 != CurrentCandleW1) { LastCandleW1 = CurrentCandleW1; return (true);} else return(false);}

Check to see what value is returned for iTime(Symbol(),PERIOD_W1,0);

What is returned by your function on first tick, true or false?

Print( TimeToStr( iTime(Symbol(),PERIOD_W1,0) ) ) ;
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #643
  • May 10, 2017 8:45am May 10, 2017 8:45am
Quoting Skat
what do you think about this EA, will you be willing to pay for this EA? 6 months of track record is worth to judge the EA in your opinion?
I gave up buying vendor EAs back in 2008. But that's partly because I prefer to develop my own systems.

In terms of a track record, then everything else being equal, I believe that time period is more important than number of trades; for example, I'd rather see 500 trades over 5 years than 1,000 trades over 6 months.

FWIW, I posted some thoughts on EAs here and about how I interpret TE/myfxbook results here.

Good luck with whatever you decide.
  • #644
  • May 10, 2017 11:48pm May 10, 2017 11:48pm
Quoting VEEFX
{quote} good idea.. i will try this weekend
You do not need to wait for the weekend. This will be the same all week.

Print( TimeToStr( iTime(Symbol(),PERIOD_W1,0) ) ) ;

You might want to add:

Print( TimeToStr( iTime(Symbol(),PERIOD_W1,1) ) ) ;
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #645
  • May 15, 2017 11:10am May 15, 2017 11:10am
Hello, I'm not sure if its ethical or not... so I guess I should ask you directly. For example I have an idea to add a few modifications to your indicator "Display Info All Pairs (600+ build)". Which was also as far as I understand was fixed by P4L in order to make it work on newer versions of mt4. My idea is to add something which will show the distance in % of the price from High/Low. Since I have nearly zero knowledge of coding, Il have to pay someone to do it (which I've never done before).
So my questions are : Would you approve of such a thing?
As far as I know you released the mq4, therefore It wouldn't involve (illegal) decompiling of the ex4.
If yes, than what sum should I offer for such an excuse?
I honestly hope that I don't upset you with such questions, on one hand I realize that im asking if you would be ok with me for paying money to someone for modifying your intellectual property which you kindly released for free. On the other hand I really need a few modifications.
Should I perhaps pay someone else to code it clean from start ? However in this scenario they might simply just copy your code as a starting point....
If you however and P4L would approve of such a thing, (and I aknowledge that if you don't, than unfortunately my next question would make me look like a total jerk in your eyes) can you please recomend me someone who I should refer to for such a request ?
The truth is hidden from you
  • #646
  • May 15, 2017 2:56pm May 15, 2017 2:56pm
Quoting MaxenshteinD
Hello......
Your request sounds genuine enough. I appreciate the fact that you went to the trouble of asking, and I guess I can't complain if a fellow programmer gets paid for their time! Especially as I posted the MQ4. The situation I'm trying to avoid is where somebody takes my work and profits from it by selling it behind my back.

If P4L has no objections, please feel welcome to go ahead. But first you might want to see if you can save yourself some money, by making your request in one of the "I code for free" threads. If that fails, I suggested some other commercial programmers here, that you might like to try.
  • #647
  • May 15, 2017 3:47pm May 15, 2017 3:47pm
Quoting MaxenshteinD
Hello...
Very interesting to see, what modifications you want to add to this remarkable indicator! I'm using it all the time now, after I discovered it, kudos to hanover one more time!

I suppose P4L is a very busy person, as he didn't update the link to the latest version of indi in his thread, after hanover fixed some bugs in it. So I'm suggesting you to try this thread for modification requests, I will follow!

Regards,
Botan626.
  • #648
  • May 15, 2017 9:50pm May 15, 2017 9:50pm
Quoting MaxenshteinD
Hello, I'm not sure if its ethical or not... so I guess I should ask you directly. For example I have an idea to add a few modifications to your indicator "Display Info All Pairs (600+ build)". Which was also as far as I understand was fixed by P4L in order to make it work on newer versions of mt4. My idea is to add something which will show the distance in % of the price from High/Low. Since I have nearly zero knowledge of coding, Il have to pay someone to do it (which I've never done before). So my questions are :...
There are dashboards that do that and a whole lot more.
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 66 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #649
  • Edited 10:34pm May 17, 2017 9:59pm | Edited 10:34pm
Quoting hanover
{quote} e.
HI Hanover i like to see watch simultaneously on chart the Profit/Loss of single selected pair's but in the form of lines_
I found all indis to be for baskets and i am using already some of them but none for single pairs_
Would you pls let me know if you have in your archive
any indicator that displays info similarly to Plot external data, but which does not read
the data from Csv and extract the info from Mt4 pairs, but showing lines only, possibly with a magic number
Trade Reports / I-Exposure tickets% / Profit Tracker only show numbers
I send you photo to show what i mean_
I could use some overlay chart for that purpose too, but it gets messy as it is not in a window
Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: plot data example.jpg Size: 72 KB
The arriving better than the arrival, the journey has just started
  • #650
  • May 17, 2017 10:44pm May 17, 2017 10:44pm
Hello Hanover, in New Zealand, what taxes do you have to pay with respect to forex trading? (Could you please explain the whole process) and by chance are you aware with anything related to taxes in Australia related to forex trading?
HMSR
  • #651
  • Edited 11:58pm May 18, 2017 3:49am | Edited 11:58pm
Quoting jenbols
Would you pls let me know if you have in your archive any indicator that displays info similarly to Plot external data, but which does not read the data from Csv and extract the info from Mt4 pairs........
I'm sorry, but I don't know any indicators that display info like that shown in your image.
However, there are indicators that plot historical trades, e.g. here and here.
  • #652
  • May 18, 2017 9:36am May 18, 2017 9:36am
Quoting hanover
{quote} I'm sorry, but I don't know any indicators that display info like that shown in your image. However, there are indicators that plot historical trades, e.g. here and here.
Thanx that helped for now
Rgds
The arriving better than the arrival, the journey has just started
  • #653
  • Edited May 19, 2017 5:23pm May 18, 2017 11:59pm | Edited May 19, 2017 5:23pm
Quoting Hmsr
in New Zealand, what taxes do you have to pay with respect to forex trading?
are you aware with anything related to taxes in Australia related to forex trading?
I'm not a tax specialist. I run a company and two different trusts, into which my business and investment income accumulates. I employ an accountant to produce annual returns and calculate tax liabilities for all of these entities, along with my and my wife's personal income tax. Re forex, I trade only small accounts intermittently as a hobby, and it forms a negligible part of my overall income.

I will tell you what I believe to be true according New Zealand tax law, but I suggest that you check its correctness for yourself.
Trading profits that are deemed to be 'systematic' (as opposed to gambling wins) are considered to be part of your 'business and self-employed income'. If you are NZ resident for tax purposes, then irrespective of the country your trading account resides in, all of this is taxable according to the rates shown here. NZ-registered companies and trusts are subject to different tax rates, hence depending on the size of your trading income, it might be beneficial to trade through a company or trust, if your br0ker allows these types of corporate accounts. Trading activities are not classified as goods or services related and are therefore not subject to GST, nor are they considered 'investments' which might be subject to any kind of capital gains tax.

With business/self-employed income, you can choose to have it taxed at source, which (if I understand correctly) would necessitate sending monthly P/L statements to Inland Revenue, and paying tax accordingly on any profit; I'm not entirely sure but I believe that any losses can be carried forward and offset against future months' profits. Alternatively, you can choose to settle up at the end of the tax year (usually March 31), but if your annual business/self-employed income exceeded NZ$2,500, you might also be subject to provisional tax, which effectively means making additional tax payments on anticipated income for the upcoming year. (This can get complex which is why I have an accountant!)

I also understand that NZ has a reciprocal arrangement with Australia, which means that any NZ resident who has business or investment income from Australia, for which tax has already been deducted, can claim the equivalent amount in NZD as a tax credit, as part of his settlement at the end of the financial year. But again, I would need to check exact details with my accountant.

I've never lived in Australia, and have no knowledge of Australian tax law, but I expect that Google might be able to provide some information.
  • #654
  • May 23, 2017 3:10pm May 23, 2017 3:10pm
Hello Hanover. Given your experience with automated systems, your views on the below two questions would be appreciated.



1. Have you come across any automated system that does not lose if slippage & swaps is discounted (i.e no slippage & no swaps applied) ?

2. What would be your opinion on being able to derive a positive expectancy system from the above (under more natural conditions) assuming it exists?
  • #655
  • May 23, 2017 10:23pm May 23, 2017 10:23pm
Quoting sinqua
1. Have you come across any automated system that does not lose if slippage & swaps is discounted (i.e no slippage & no swaps applied) ?
2. What would be your opinion on being able to derive a positive expectancy system from the above (under more natural conditions) assuming it exists?
If you mean: fully automated, and guaranteed to provide consistent returns indefinitely, while also managing risk/drawdown sensibly, then the simple answer is no, I have yet to find one. FWIW I recently posted my thoughts in more detail here.

For expert opinion from one of the most experienced developers of automated trading systems, I would recommend reading Daniel Fernandez' blog here.
  • #656
  • Jun 3, 2017 2:54pm Jun 3, 2017 2:54pm
Hi Hanover


I hope you fine there. Could you please help me with this EA.

 

  1. I want you to add a feature where i can turn on and off (true/false) the time filter on this EA (to be shown under input tab).
  2. Make multiplier factor to be adjustable and shown under input tab


Thanks a lot

Attached File(s)
File Type: mq4 EA.mq4   8 KB | 417 downloads
  • #657
  • Edited Jun 4, 2017 4:46pm Jun 3, 2017 11:56pm | Edited Jun 4, 2017 4:46pm
Quoting Wiseacre
Could you please help me with this EA.
Normally I don't modify EAs for other traders. I don't offer a programming service, paid or free; it is too time consuming. Also, I have my own code libraries which I've tested thoroughly, and I prefer working with them, rather than fixing other programmers' code. Other traders' EAs are of no use to me personally, hence there is no reason for me to modify them.

You've given me no information about what your EA does, or how, hence all I can do is try to guess. I've made a quick hack (highlighted in screenshots below) which might achieve what you want, but I can't be sure. If it doesn't work, you'll need to find somebody who's more dedicated than I am, to fix it for you. I can't test my work because my br0ker is closed for the weekend.

Anyway, good luck, I hope that I've understood you correctly, and succeeded in making your EA work for you.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: PPI 342.png Size: 19 KB
Click to Enlarge Name: PPI 344.png Size: 19 KB
Attached File(s)
File Type: mq4 Wiseacre EA.mq4   13 KB | 470 downloads
  • #658
  • Jun 4, 2017 1:52am Jun 4, 2017 1:52am
Attached is a ZIP containing a comma separated (CSV) file of 46,110 FF calendar news announcements from Jan 1, 2007 thru June 2, 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

As only 6 members out of 440,000 find this data useful, this is the final time that I will be supplying it.
Attached File(s)
File Type: zip News events 2007-01-01 thru 2017-06-02 timestamped New York time.zip   762 KB | 1,340 downloads
  • #659
  • Jun 5, 2017 1:09am Jun 5, 2017 1:09am
Quoting hanover
{quote} Normally I don't modify EAs for other traders. I don't offer a programming service, paid or free; it is too time consuming. Also, I have my own code libraries which I've tested thoroughly, and I prefer working with them, rather than fixing other programmers' code. Other traders' EAs are of no use to me personally, hence there is no reason for me to modify them. You've given me no information about what your EA does, or how, hence all I can do is try to guess. I've made a quick hack (highlighted in screenshots below) which might achieve what...

WOW WOW WOW Hanover


May God Richly Bless you my friend. It is working perfect now. Thanks a lot.


'You've given me no information about what your EA does, or how'. Very sorry about this . Can i have your email address. Let me send detailed information about it PLEASE.
  • #660
  • Jun 5, 2017 10:24am Jun 5, 2017 10:24am
Quoting Wiseacre
It is working perfect now.
.......
Can i have your email address. Let me send detailed information about it PLEASE.
No problem, it looks like I got lucky.

My e-mail address is at the start of post #1 of this thread. However, there's no need for you to go to any effort, as I already have my own way of trading, which I'm happy enough with. Martingales and lot multipliers are too risky for my liking.
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