I will code your EAs and Indicators for no charge
- #10,063
- Oct 31, 2015 7:01am Oct 31, 2015 7:01am
- Joined Jun 2012 | Status: Trader , Analyst and Mentor | 5,884 Posts
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- #10,069
- Oct 31, 2015 11:32pm Oct 31, 2015 11:32pm
- Joined Jul 2010 | Status: Great hopes make great men | 2,042 Posts
{quote} {file} {image}
I have an idea that I was wondering whether we can incorporate into the MA Price Cross NMC, if it is not much work.
I am a currency strength/correlation trader and don't just trade the strong against the weak currencies but the strongest against the weakest currency groups. The MADdash is very good at identifying these groups but the signals are somehow late which is understandable. I have therefore been looking at alternative ways to overcome this challenge when this idea occurred to me.
If you observe the attached Euro group, you will notice that the cross of the MA occurred within the same TF or last 2 M30 TF except the EJ.
This is the screenshot of the MADdash around the time of the crosses
The MADdash gives good idea of the groups to trade - sell the Yen, USD & Euro groups and buy the CAD, GBP & AUD groups. Look at the charts of the Yen group below and compare with the Euro group above
There were ONLY 4 crosses around the same time in the Yen group when we got the crosses in the Euro group. The GJ, CHJ and AJ cross came much more earlier and best group would have been the Euro group against the CAD and GBP groups.
IMHO the idea resolves 2 problems - (1) it points to the current best groups and (2) will improve timing of entry by having only the current crosses within the last TF specified by user, but may not entirely eliminate late entry.
I therefore want all signal arrows to disappear after a user selected TF (minutes/hours) not including the current time. I will use the attached ECA chart to illustrate my point
I am on an M5 TF with the H1 TF candles imposed on the chart. I want the dashboard to ONLY show the signal arrow within this current time and the last hour. Therefore when I look at the dashboard, I will ONLY see fresh crosses and this way if a currency group is getting weak or strong, it will probably be the only fresh signal arrows on the dashboard.
Thank you for considering my request.
Shalom
George
Low Risk Low Stress High Reward High Probability Trades
- #10,072
- Nov 1, 2015 4:25am Nov 1, 2015 4:25am
- Joined Mar 2009 | Status: Trader | 1,310 Posts
The purpose of knowledge is action, not knowledge
- #10,076
- Edited 10:24am Nov 1, 2015 5:53am | Edited 10:24am
- Joined Jan 2011 | Status: Trader | 1,299 Posts
- #10,077
- Nov 1, 2015 6:51am Nov 1, 2015 6:51am
- Joined Jun 2012 | Status: Trader , Analyst and Mentor | 5,884 Posts
{quote} great cja excellent jobis it possible to just show(on/off) pivot line only color....no text...clear ..not clutter... i attached ..img i want to see only r1,r2,r3..s1..s2..s3 (with price lebel like img..)plus only pivot color ..so that i can see PA on pivot level and SAR .area ..candle clearly b/c i see..found day candle ..pin/hammer/engulf/morning star/even star ..etc that area rejections bounce and to see pivot on day chart is very important..IMHO {image}
FOR short trade open conditions :
above pivot after hh> hl> hh(higher high)..UPMOVE..... then price cross below and create more then 1 lh(lower high) like 2/3 then short open .sl will be last hh
FOR long trade open conditions :
just opposite to open long trade ...by this way we can catch big move HIGH ROI b/c sl is very small tp /closed trade opposite conditions...
i back test manually and see it is profitable if you like then check please .IF YOU HAVE ANY QUESTION PLEASE ASK ME . i shre my idea you can add your thought.perceptions..idea...
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- #10,078
- Nov 1, 2015 6:56am Nov 1, 2015 6:56am
- Joined Jun 2012 | Status: Trader , Analyst and Mentor | 5,884 Posts
Say something meaningful or Silence!!
- #10,079
- Edited 7:20am Nov 1, 2015 6:57am | Edited 7:20am
{quote} fbrand79- Make the following changes and it should work. int shiftM15 = iBarShift(NULL,PERIOD_M15,Time[i]); int shiftM15Prev = iBarShift(NULL,PERIOD_M15,Time[i])+1; double StocKM15 = iStochastic(NULL,PERIOD_M15,Kperiod,Dperiod,slowing,Method,priceField,MODE_MAIN,shiftM15); double StocKM15Prev = iStochastic(NULL,PERIOD_M15,Kperiod,Dperiod,slowing,Method,priceField,MODE_MAIN,shiftM15Prev); if(StocKM15 > 20 && StocKM15Prev < 20) upArrow[i]= Low[i]-.0007; if(StocKM15 < 80 && StocKM15Prev > 80) downArrow[i]= High[i]+.0007;
Just wondering why +1 outside the []? I didn't find much on iBarShift.
Also how will I specify Close[] of the HTF in the current TF as an added filter?
Did the JimDandy mql4 course so only got my toes wet, any other resources you can point me to?