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  • #861
  • Aug 6, 2020 1:48pm Aug 6, 2020 1:48pm
Quoting ellokko007
{quote} Thanks I use similar ones because I trade with mt5. Maybe you can think about programming it in mt5 too
My tools works out of box in both platforms but I don't have plan for mt5 since is just for this thread
Try don't lose pants never...
  • #862
  • Aug 7, 2020 9:23am Aug 7, 2020 9:23am
Quoting braintheboss
I finished tool. I only need add signal rules. Capture shows how works original code. As take current ADR for make central area pivot then it moves along day. This allow adjust area to price forcing extreme area touches but it can make fake signals too. I want see if is better let fixed PP or as original tool. I have an idea how make useful exits with this tool ( if you use small TPs as thread strategy ). The only thing not clear is how play with area breaks {image} {image} {image}
That looks very interesting BTB, I look forward to seeing the working version.
Truth is like poetry. And most people f*cking hate poetry.
  • #863
  • Aug 7, 2020 9:24am Aug 7, 2020 9:24am
Happy Friday!

Added +4% to the account closing the week on +41% after last weeks loss.

Have a good weekend guys!
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Truth is like poetry. And most people f*cking hate poetry.
  • #864
  • Aug 7, 2020 11:42am Aug 7, 2020 11:42am
Quoting mrdfx
Happy Friday! Added +4% to the account closing the week on +41% after last weeks loss. Have a good weekend guys! {image}
Very good! At least you didn't completely empty your account so recovery is possible!
  • #865
  • Aug 7, 2020 11:58am Aug 7, 2020 11:58am
47% this week and in total 142% in 2 weeks since the start.
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  • #866
  • Edited 12:51pm Aug 7, 2020 12:29pm | Edited 12:51pm
Quoting mrdfx
Happy Friday! Added +4% to the account closing the week on +41% after last weeks loss. Have a good weekend guys! {image}
Will you make any adjustments this time...or it will be a ticking time bomb again?

You can try withdrawing each time, after you double the account size for two times.
just withdraw the half of it and experiment with the rest.

Example: Starting balance: 100$

Doubling acc. size for the first time = 200$
Doubling acc. size for the second time = 400$

Now withdraw 200$ and trade with the other 200$

New balance: 200$

Doubling acc. size for the first time = 400$
Doubling acc. size for the second time = 800$

Now withdraw 400$ and trade with the other 400$

Yes, it will take you a year longer to achieve your goal, but at least you will preserve your profits. Imagine yourself trading with an account above 50.000$ and not having anything in your pocket yet....and then Bam! All over in a second. I mean people jump over the windows because of stuff like this..lol

I wish u all the best, you are a skilled trader.
The biggest risk is not taking a risk.
  • #867
  • Aug 7, 2020 2:43pm Aug 7, 2020 2:43pm
Quoting leppozdrav
{quote} Will you make any adjustments this time...or it will be a ticking time bomb again? You can try withdrawing each time, after you double the account size for two times. just withdraw the half of it and experiment with the rest. Example: Starting balance: 100$ Doubling acc. size for the first time = 200$ Doubling acc. size for the second time = 400$ Now withdraw 200$ and trade with the other 200$ New balance: 200$ Doubling acc. size for the first time = 400$ Doubling acc. size for the second time = 800$ Now withdraw 400$ and trade with the...

Hello Leppozdrav, i am agree with you. Personally, i withdraw the 30% of the profits every 2-3 months, because my primary objective it's to build a very big account. This could be a way too
  • #868
  • Edited 4:17am Aug 8, 2020 3:59am | Edited 4:17am
Quoting mrdfx
{quote} That looks very interesting BTB, I look forward to seeing the working version.
This is main idea. As tool is for manual trading I choose easier rule even is not the optimal. ignore histogram colors because is still in development. Final version will show clearer that signal you will have.

I saw tool can detect real swings and follow trends too. Capture shows different moments. It works in same way in all pairs. Only difference is headroom for exit. In very low volatility pairs as EURCHF only will work small TPs without SL.

Histogram reading is easy. When we have a trend hsitorgram will move above/below opposite 50 level. If we wre in range will be between both 50 levels. For example if we have bull trend histogram will be between -50 and +100.

1) Blue boxes: Its common trend signal. Small circles shows price is going higher above 100 level. When circles stops then is good close

2) Red box and line: Typical extreme entry. its real swing since histogram change color inside day. its safe reemtry in breakout direction. Extreme trade loss it will be recovered for new trade

3) Orange circles: Entry/exit following histogram change direction. its safest signal but it have bigger delay

4) Orange/Blue box: Same as #1 but in a small wave

5) Black box: Same as #1/#4

6) Black circle: Real swing without reference. its only thing not sure how deal. You can use it as exit in a long profit trade or just risk an entry. if is wrong swing you always can exit fast ( in real time you dont know if first histogram change color is real swing due consolidation price behaviour )

That is all. Tool not try replace a mix of signals. its better use it as TP/SL affer you made a trade with your own analisys
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Try don't lose pants never...
  • #869
  • Aug 8, 2020 1:47pm Aug 8, 2020 1:47pm
Quoting braintheboss
{quote} This is main idea. As tool is for manual trading I choose easier rule even is not the optimal. ignore histogram colors because is still in development. Final version will show clearer that signal you will have. I saw tool can detect real swings and follow trends too. Capture shows different moments. It works in same way in all pairs. Only difference is headroom for exit. In very low volatility pairs as EURCHF only will work small TPs without SL. Histogram reading is easy. When we have a trend hsitorgram will move above/below opposite 50...
Cool...new tool
  • #870
  • Aug 9, 2020 4:11pm Aug 9, 2020 4:11pm
I was all weekend trying make rules but I didn't find a reliable trend/range switcher using tool generated data. At current stage some signals depends trader interpretation and its something I dont like. I will see if next days I see the light but looks dark...
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Try don't lose pants never...
  • #871
  • Aug 10, 2020 9:11am Aug 10, 2020 9:11am
Happy Monday!

Sold UJ today adding +5.8% to the account.
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Truth is like poetry. And most people f*cking hate poetry.
  • #872
  • Aug 10, 2020 9:14am Aug 10, 2020 9:14am
Finally I find a usable way. It still make a few early signals but it can change trend/swing modes quite well. I have headroom for improve in a future if is useful tool
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  • #873
  • Aug 10, 2020 2:06pm Aug 10, 2020 2:06pm
Pivot Centered ( 0.30b1 )

https://www.forexfactory.com/thread/...6#post13107066
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  • #874
  • Edited 4:12pm Aug 10, 2020 2:10pm | Edited 4:12pm
I recommend TF M15 with default settings. Others TFs can solve signals misleading in some problematic areas. Capture shows how H1 shows right signal in boxes area.

1) Levels colors are changed with ColorRes and ColorSup.
2) Many options are useless since I reuse my Atr Pivots tool. I'm sorry the mess but its an experimental tool

Its an early build and trend/swing detector algorithm is rudimentary but I think improves enough original tool for have better manual trading

PS: I haven't original tool code. Behavior was replicated with observation then it haven't all options, only interesting behaviour.
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  • #875
  • Aug 10, 2020 9:14pm Aug 10, 2020 9:14pm
Quoting braintheboss
Pivot Centered ( 0.30b1 ) https://www.forexfactory.com/thread/...6#post13107066 {image}
Thanks for the contribution of your indicator. It going to help a lot.
  • #876
  • Aug 11, 2020 5:32am Aug 11, 2020 5:32am
About how to use tool I think most recommendable way is thread strategy. Just use histogram for open trade and set TP 10p or slightly higher. Normally even wrong signals have some headroom for close with small TP. I think in this way win ratio will be high and bad trades will be little and not so big if you use opposite level as SL

It's important use M15 as lead TF because settings are tuned for that TF.

If you want use another entry strategy then it's better use it as exit waiting a opposite signal but maybe this way not perform well in all entries
Try don't lose pants never...
  • #877
  • Aug 11, 2020 7:28am Aug 11, 2020 7:28am
Quoting braintheboss
I recommend TF M15 with default settings. Others TFs can solve signals misleading in some problematic areas. Capture shows how H1 shows right signal in boxes area. 1) Levels colors are changed with ColorRes and ColorSup. 2) Many options are useless since I reuse my Atr Pivots tool. I'm sorry the mess but its an experimental tool Its an early build and trend/swing detector algorithm is rudimentary but I think improves enough original tool for have better manual trading PS: I haven't original tool code. Behavior was replicated with observation then...
Thank you for your contribution BTB, I'll def give it a try and see how I can add it to my current set ups.
Truth is like poetry. And most people f*cking hate poetry.
  • #878
  • Aug 11, 2020 7:34am Aug 11, 2020 7:34am
Quoting mrdfx
{quote} Thank you for your contribution BTB, I'll def give it a try and see how I can add it to my current set ups.
It's ok. If you have any question feel free to ask. I'm learning how use it too Histogram shows how works levels in history but if you need better reference plotting levels on chart I can upload study ruler too
Try don't lose pants never...
  • #879
  • Aug 11, 2020 2:33pm Aug 11, 2020 2:33pm
Quoting P.Action
{quote} We are waiting for you with clean sheet
Hey!
How are you doing with challenge?
Hope all good. Nice to see so impressive results.
  • #880
  • Aug 11, 2020 2:37pm Aug 11, 2020 2:37pm
Starting the challenge tomorrow with an $80 account live on my TE. Will deposit later on to compound the account as I prove consistency. Hope everybody can get to the bag! Good luck yall boys (y)
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