watch this video. can be interesting
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 23, 2011 at 19:56
(edited Oct 23, 2011 at 19:57)
DO YOU SEE THE PRICE.
NOT MUCH.
NOT NEEDED.
2 bar close over/below S/R
high of high
US Open
holidays
TP
SL
SPIKES
SPREAD
anything that we think that effect market ...............................................
unnecessery.
NOT MUCH.
NOT NEEDED.
2 bar close over/below S/R
high of high
US Open
holidays
TP
SL
SPIKES
SPREAD
anything that we think that effect market ...............................................
unnecessery.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 23, 2011 at 20:26
currently I can draw a path on the chart according to the strenghts of the trendlines. but GREAT MT4 is not allowing me to draw future lines after shift[0] or I dont know how to draw future lines beyond the 0 shift. if any of you know about that issue help appriciated.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 23, 2011 at 20:35
the real code will be to calculate the strength on each tick apart from bar close and time base charts and draw the future path. but this needs a super fast computer. this is the root of everything. TICK.
I was always thinking why 2 close over S/R. or why close over S/R. or why close.
bar is closing because the time is out and new bar will be printed.
5min chart closing bars over the S/R but 15min chart still waiting to close. huh.
NONE of them. bar close is time base filter to acumulate the ticks into a certain area. thats all. so bar close means nothing.
I was always thinking why 2 close over S/R. or why close over S/R. or why close.
bar is closing because the time is out and new bar will be printed.
5min chart closing bars over the S/R but 15min chart still waiting to close. huh.
NONE of them. bar close is time base filter to acumulate the ticks into a certain area. thats all. so bar close means nothing.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 23, 2011 at 23:16
now I can understand why logarythmical increasing strategies are loosing too much after a very sharp up trend.
because the system has been optimized ( on purpose or not ) to that type of market conditions and when those conditions are gone system start loosing very fast and sharp as it did win.
because the creator is using and indicator and this indicator has a period. even if he use Ehler s Cyber period it has Alpha.
So as I have posted earlier equity curve must be straight and up even with MM. or the overall result will be loss.
because the system has been optimized ( on purpose or not ) to that type of market conditions and when those conditions are gone system start loosing very fast and sharp as it did win.
because the creator is using and indicator and this indicator has a period. even if he use Ehler s Cyber period it has Alpha.
So as I have posted earlier equity curve must be straight and up even with MM. or the overall result will be loss.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 23, 2011 at 23:22
so what I can advise to manual traders is
they can draw a trendline to their equity curve and when this broken or if they won too much they can stop trading for a while and move to demo until the next bad trades are traded as paper and they can still draw their equity curve and when they break trend up again they can keep trading live.
this seems stupid but it will work believe me.
they can draw a trendline to their equity curve and when this broken or if they won too much they can stop trading for a while and move to demo until the next bad trades are traded as paper and they can still draw their equity curve and when they break trend up again they can keep trading live.
this seems stupid but it will work believe me.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 23, 2011 at 23:56
regarding the quoted post;
code is generating its own solutions when coded correct according to the fractal strenghts.
I did not code a selection between
BREAKOUT => OCO Rescue
or
PULLBACK => GRID Rescue
but this is automaticly happened. and working well.
code is generating its own solutions when coded correct according to the fractal strenghts.
I did not code a selection between
BREAKOUT => OCO Rescue
or
PULLBACK => GRID Rescue
but this is automaticly happened. and working well.
walker36 posted:
the selection of PULLBACK order execution or BREAKOUT order execution is %70 depending on the strenght of the FRACTAL apart from MACRO TREND and other MICRO factors. if the price testing a new level which never tested before stay away. there is no logic there due price has not MACRO or MICRO trendlines ( highways) to follow. this makes price moves %100 unpredictable.
on the other hand if fractals are strong then wait for the break out.
if fractals are weak then it will be pull back.
here there is no luck. I can wait for an order going against 1000 pip then grid or OCO with no afraid. due I know what is going to be the next reaction.
my problem is now is to combine PULLBACK BREAKOUT and REVERSE orders with GRID and OCO.
this is complicated. saperatly they work.
ALSO YOU SHOULD BE READY THE SAME %DD OF YOUR YEARLY EXPECTATİONS. IF YOUR EXPECTATIONS IS %30 YEARLY THEN THERE WILL BE DD %30. THIS IS STRANGE UNDEFINED EQUALITY I HAVE SEEN ALL MY TESTS.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 24, 2011 at 14:34
2011
report attached.
report attached.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 24, 2011 at 15:04
2010
report attached.
report attached.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 24, 2011 at 16:00
2009
report attached.
report attached.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 24, 2011 at 16:02
Testing yearly due the technical issues posted earlier
Member Since Jan 14, 2010
2299 posts
Oct 24, 2011 at 16:02
Ahem, Steve, have you ever thought of writing a book ? 😉
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 24, 2011 at 16:18
I dont think that I have that much experience about market for writing a book but actually this log book can be useful for other traders as I am learning from others threads.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 24, 2011 at 16:22
the reason of loss at the end of the year 2009 is because the SMART_GRID depth levels are not working correctly. I have just noticed that. that must be fixed.
as I have post earlier I am not testing all history while fixing bugs to prevent from cheating my self. I have first time tested 2009 and published here.
as I have post earlier I am not testing all history while fixing bugs to prevent from cheating my self. I have first time tested 2009 and published here.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 24, 2011 at 16:31
BTW those grid levels are not fixed PIP level. those are calculated and selected fractals according to the strenght and condition. so levels can be 20 PIP or 100 PIP depending on the fractals.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 24, 2011 at 18:50
why/why not multi time frames?
system has lost all earnings at the end of the year 2008 BT.
when I look at the chart I saw a axes bigger then 400 PIP which is 10 times bigger then the 15min chart average S2 axes lenght.
at that point price has a big over shoot which can not be detected by the code with 15min chart. that can be detected with 1Hr or 4Hr chart.
that issue make me ask multi TM q again.
and the answer is system has to check all time frames and react according to the size. so SIZE does MATTER😀
but for now I took the short cut and filter the chart with axes lenght sizes.
system has lost all earnings at the end of the year 2008 BT.
when I look at the chart I saw a axes bigger then 400 PIP which is 10 times bigger then the 15min chart average S2 axes lenght.
at that point price has a big over shoot which can not be detected by the code with 15min chart. that can be detected with 1Hr or 4Hr chart.
that issue make me ask multi TM q again.
and the answer is system has to check all time frames and react according to the size. so SIZE does MATTER😀
but for now I took the short cut and filter the chart with axes lenght sizes.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 24, 2011 at 19:00
with earlier posts I have mentioned that there will be no optimization parameter. but there is currently one which is the Breakout MIN strenght value. this I am using a fix value currently. that can be calculated by the system but code will be very complicated. surly ı will code that but I really get bored of coding.
currently 1958 lines and growing. I should stop somewhere and start demo testing ASAP.
currently 1958 lines and growing. I should stop somewhere and start demo testing ASAP.
Member Since Jan 14, 2010
556 posts
Oct 25, 2011 at 15:17
walker36 posted:
BTW those grid levels are not fixed PIP level. those are calculated and selected fractals according to the strenght and condition. so levels can be 20 PIP or 100 PIP depending on the fractals.
Hmmm..Interesting. Are the fractals limited in some way? If a fractal goes beyond a logical distance (ie 1000 pips), do you still accept it as a level? This sounds like a fancy way to get the same fat tail 😄
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 25, 2011 at 15:26
James trend lines and fractals are not my invention and as old as market😁.
also strenght of the S/R levels or trednlines are not secret.
the point is how to calculate it. I have found the way of calculating after 3 years work. ofcourse it is not %100. but it is really fixing the algo. you can name it as Joker.
BTW the best grid areas are the expanding form with ZIGZAG
also strenght of the S/R levels or trednlines are not secret.
the point is how to calculate it. I have found the way of calculating after 3 years work. ofcourse it is not %100. but it is really fixing the algo. you can name it as Joker.
BTW the best grid areas are the expanding form with ZIGZAG
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 25, 2011 at 16:34
PS
grid is not a trading system here in my code. it is a rescue plan for some loosers.
grid is not a trading system here in my code. it is a rescue plan for some loosers.
forex_trader_36599
Member Since May 13, 2011
1341 posts
Oct 25, 2011 at 18:10
code %90 completed. to be fair this is not what I want. what I want is 500 - 1000 pip profit trades. but currently I will use this system after demo test for bugs.
