Page 4 of 19 < 1 2 3 4 5 6 7 8 9 10 11 12 13 > Originally Posted by camisa Just noticed that levels in Laguerre (0.15 and 0.75) are not symetrical Do you guys use this or 0.75 + 0.25? Use the levels as they are...
Perky has done plenty of testing:rolleyes: .
These levels work.
Don't worry about symetry!:D Good Luck...
Don Hi there, first I wanna thank perky for this wonderful system.
Perky said that she traded AUD so I drawed up the AUD/USD chart and found 2 good sell/buy signals but the juice showed red and if we would have followed the "green juice rule" we would have missed out of 2 good 30 pips trades.
So do you people always follow the juice rule? regards, ásgeir issi You'll always find trades against any system, but the moment you take the trade it is not Perky's system you are following, you have effectively lost your discipline.
Trading requires a lot of discipline and following rules.
Just what would you be thinking now if those 2 trades had not made 30 pips, it would have enforced Perky's rules.
In an early posting Perky said: "I will admit alot of pips will pass you by and most experienced traders can catch them the channel keeps you focused and waiting for a setup." I suggest you follow the rules as written and do a reveiw each week looking at your results and of course your bank balance.
I keep a copy of the chart from when I enter a trade as the channels can change throughout the day and can be quite different at the end of a day compared to the start.
Personally, I think with Juice it is essential in being green.
Regards I aggree, I would think that it would be better to make an exeption with the AUD/USD ´cause of the low volume.
You can see the low volume clearly specially if you compare the volum with the Cable Issi The Aussie may well be a currency that develops an additional rule or rules, time will tell.
However, it is the only currency that Perky trades, so she would know it very well.
I would therefore go along with what she has discovered in relation to if for some time before I thought about altering it.
Now that so many of us have been made aware of this great method, I am sure over the next few weeks a variety of different comments will be made by people who have noticed things in relation to the currencies they trade.
Within the group we may well find others who just trade one currency.
I only ever traded the gbp until this week.
Keep recording your thoughts though as it is a great benefit for all members of forums.
Out of interest, would you give the details of the 2 aussie trades that you talked about, time (and include whether you are on gmt +2 or whatever) etc.
regards The two good trades at my opinion were the sell signal which was 08.24 02:00 on a 15 m chart and a buy signal 08.24 10:00 also on a 15 min chart I've only tried this technique for 2 days in a demo account but every trade I've tried to enter when one of the indicators was not set up have ended up with loses.
It reallly seems to me that there are going to be enough Overeasy setups that it's not worth trying to trade against the signals.
Just my 2 days worth of advice! Also, even though there may be some trades in the 30 to 40 pip range, it seems that more of the trades will end up in the 5 to 20 pip range so be careful and take reasonable profits and be happy with it.
There will be more setups ahead! I think thats good advice.
I just tried to go short with the EURO because all of the indicators lined up BUT the channel was going against me.
I learned a hard lesson :( From now on, I will follow the rules to the tee.
Davidwt, Do you know how to retrieve the value of Customer indicator "SHI_Channel" in MQ4 expert? I tried sth like SHI_High_1=iCustom(NULL,0,"SHI_Channel",240,0,0,1); It returns zero.
What parameters should be given for it? Thanks! Aaahhh, I just spent a few days on this system.
Putting an expert :cool: for it that follows Perky's system exactly.
I found that PerkyAsctrend1.mq4 indicator has a little bug in it, I fixed it.
And by adding a simple RSI the results get better.
But backtests look mostly bad.
I really hope that it was not so:(.
BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); Shahin Can you explain the bug please and provide us with a copy of yours that doesn't have this? What period RSI are you using? Are you using this as well as the other indicators? What trigger are you using for the RSI? Regards Originally Posted by Shahin Aaahhh, I just spent a few days on this system.
Putting an expert :cool: for it that follows Perky's system exactly.
I found that PerkyAsctrend1.mq4 indicator has a little bug in it, I fixed it.
And by adding a simple RSI the results get better.
But backtests look mostly bad.
I really hope that it was not so:(.
BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); yeah shahin dont make such a comment and not share the details...
which RSI and what results? thanks perky_z Originally Posted by mwbro yeah shahin dont make such a comment and not share the details...
which RSI and what results? thanks Danger will robinson...
danger!!!!!!! :rolleyes: Hi Perky, Been following your system for the past couple of days.
Looks very interesting.
Also, are you planning on going to a new site.
I was unable to get into your chat room tonight.
If so when is that planned for? Thanks, Jim jhanley, log on to this site now ; we are all there.
cheers 4xxxx h t t p://w w w.freejavachat.com/chat.php?chan=fxovereasy (take out the spaces in http and www) 1 Attachment(s) Originally Posted by Shahin BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); Cool, I've added your lines of code and added comment to show upper and lower bound of the channels Now it should be easy to write an alert to when price touches one of the bounds Originally Posted by Shahin Aaahhh, I just spent a few days on this system.
Putting an expert :cool: for it that follows Perky's system exactly.
I found that PerkyAsctrend1.mq4 indicator has a little bug in it, I fixed it.
And by adding a simple RSI the results get better.
But backtests look mostly bad.
I really hope that it was not so:(.
BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); I assume your backtest accounts for the fact that the channels shift up and down? How can you confirm that the position was entered when the channel at that time was indeed up or down? It would be interesting to see your backtest results compaired to perky's real results to see where the difference lies.
perky_z Originally Posted by jhanley Hi Perky, Been following your system for the past couple of days.
Looks very interesting.
Also, are you planning on going to a new site.
I was unable to get into your chat room tonight.
If so when is that planned for? Thanks, Jim this chat will take you straight there http://www.freejavachat.com?chan=fxovereasy when you get in type /nick [space] then your nick eur/usd committing to an overeasy ....looks like....
Why am I getting a huge (289 pips) SHI uptrend channel in usdchf? Anyone with this channel? yes camisa , me 2 also have the same channel:) Originally Posted by camisa Why am I getting a huge (289 pips) SHI uptrend channel in usdchf? Anyone with this channel? Hi there, I think the is due to the channel and trend changing.
Not to sure, but it was a down trend this morning and now an uptrend.
Gordon Originally Posted by gordoncass Hi there, I think the is due to the channel and trend changing.
Not to sure, but it was a down trend this morning and now an uptrend.
Gordon And it has changed again to a down trend cable charging for a long? Let's see how it turns out The chf has had a 220 pip fall in price since yesterday, so I think the width of the channel has to do with the size of the move.
It's all good knowledge for future trades as when it happens again we know we have seen it before.
Regards perky_z well ive managed to migrate the fxovereasy page here is the new addy sorry but i got sick of not getting there too yet other peeps had access FXOVEREASY NEW ADDRESSS ess My firewall doesn't allow connecting to the chat (or even to moneytec's own chat) Does anyone knows how to get around the firewall (controlled by the server here at the office)? In regards to any expert backtesting: you cannot retrieve object properties from historical charting.
ie, calling ObjectGet() in an expert will always get the current object on the chart (if its there).
If you run this in a backtest, it will still only get the current object, hence it will of course fail to trade correctly.
Perhaps, an indicator buffer needs to be added to the SHI_Channel (without plotting it) to contain some numerical results of the channel for each bar.
This could be accessible in an expert (and easier than object properties).
The slope as its computed for each bar could be stored in the indicator bar.
I'll look into adding this to the SHI_Channel, but it would require uploading a new version here.
1 Attachment(s) Ok, I use these checks for RSI: RSI>60 for longs and RSI for(i=shift; i>=0; i--){ And-> if( val2!=0 /*&& up==0*/ ){ And-> if( val1 !=0 /*&& dn==0*/){ My backtest were all done in 1 hour.
For the reason that anything that works, would work better in bigger time frames.
I have tested about 4/5 currencies and all failed except EURUSD.
How to get the slope (using the code snippet I had above) (for davidwt the current/last object of a line has the slope ofcourse): Code: if(MIDL2>MIDL1) go long; if(MIDL2 < MIDL1) go short; BTW.
I heard some critizism that I have not shared much code, which I have actually.
I can not easily share my expert as it is tied to a bunch of other scripts that I use a lot.
*** I really wish that Perky would share her expert *** (then there sould also be no qeussing as to what) Here is some more that I deviated from Perky's original without success: For Longs: Laguerre1>0.65 from Perky's /*.15*/ FGor Shorts: Laguerre1Page 5 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 &gt; Originally Posted by foroz You are lucky.
I opened up the charts this morning and do not have a shi channel on my 15 minute CHF chart.
It is there on the other time frames but not there on the 15 minute chart.
I know some who were in the chatroom at the time also reported not having a shi channel on their 15 min CHF chart as well.
Regards foroz My usdchf chart shows a channel.
I'm using I B F X , what are you using? Barcode I have MT4 with data from Metaquotes Software Corp.
There are several people reporting the same problem in the chatroom about not having a shi channel on their 15 min CHF chart.
With Juice you need to wait for the 15 minute period to finish as what may be green during part of that period may well be red by the end of it.
Regards Originally Posted by foroz Barcode I have MT4 with data from Metaquotes Software Corp.
There are several people reporting the same problem in the chatroom about not having a shi channel on their 15 min CHF chart.
With Juice you need to wait for the 15 minute period to finish as what may be green during part of that period may well be red by the end of it.
Regards foroz Thanks for the reply.
Just checked my chf channel, still there, width of 129.
Do you still wait for the period to finish even if the previous Juice bars are green? Personally I'd want to see the close of a period that has confirmed the i_trend as long/short (depending on the direction of your trade), Laguerre has gone down through 0.75 level if going short or has gone through 0.15 if you are going long and that there is one completed period with a green juice bar, then I'd enter on the open of the next period.
One thing I have noted over the past couple of days is that the Laguerre can spend a lot of time running across the top or bottom whislt the market continues to rise or fall.
Regards perky_z Originally Posted by Barcode Hi Perky, Could you clarify some rules for me please: If price breaks out of the channel do you have to wait for the channel to reform or can you wait for price to retreat back into the channel? If you have to wait for the channel to reform, how many pips is considered a breakout? If all indicators line up do you have to wait for the current bar to close? If all indicators line up and juice is the first green bar, should you wait for the bar to close? price breaks from channel you wait for new channel you wait for the current bar to close I consider a complete candle clsed outside the channels a "breakout" not if it breaks out UP the candle must be completely outside the channel and a bull candle visa for a breakout down BUT you will find in 90% of cases the channel will widen or change direction Originally Posted by foroz Personally I'd want to see the close of a period that has confirmed the i_trend as long/short (depending on the direction of your trade), Laguerre has gone down through 0.75 level if going short or has gone through 0.15 if you are going long and that there is one completed period with a green juice bar, then I'd enter on the open of the next period.
One thing I have noted over the past couple of days is that the Laguerre can spend a lot of time running across the top or bottom whislt the market continues to rise or fall.
Regards Foroz Thanks for your insight, much appreciated.
I traded the Aus when all the indicators were saying go, and from the chat room i saw ohers did too.
I was lucky in that prices never reached my s/L as well I don't actually use them.
I know thats very bad money management but haven't been burnt yet luckily hehe.
So I got out when price reached my original entry point and left it at that.
I still think the system is a good I'll continue to use it as it's worked for me in the past 1 bad trade out of a few good ones is nothing to worry bout from my perspective, especially since I didn't actually lose out on any pips, just broke even.
Besides although the Aus faultered the GBP and EURO went go indicators alittle bit after the Aus and they sky rocketed.
Perhaps if i'd spread the wealth around and hedged by investment across the majors it would have been all positive pip territory.
anyways just my thoughts Barcode, I took the AUDUSD trade today, along with Perky.
All the indicators were text book perfect.
We both got stopped out.
Simply a system trade that failed.
No big deal..there are no holy grails that are 100% correct.
But, please do not mislead people into thinking that the loss was due to the trade not being in concert with the system.
It was.
It failed for many, including Peky.
:cool: I concur completely.
There were actually 2 AUD/USD trades that would've stopped out.
To be fair, neither took place at very good times: one at the end of the European session, and the other during the U.S.
afternoon.
And there were possible winning trades on the Eur and GBP.
(I say "possible" because there were some disagreements about their legitimacy in the room, but I thought they met all the criteria).
But if you don't think there were any legit trade setups for the last 2 days, you must be adding additional filters or interpreting the rules differently than many of us...
Originally Posted by sonvolt10 Barcode, I took the AUDUSD trade today, along with Perky.
All the indicators were text book perfect.
We both got stopped out.
Simply a system trade that failed.
No big deal..there are no holy grails that are 100% correct.
But, please do not mislead people into thinking that the loss was due to the trade not being in concert with the system.
It was.
It failed for many, including Peky.
:cool: Originally Posted by sonvolt10 Barcode, I took the AUDUSD trade today, along with Perky.
All the indicators were text book perfect.
We both got stopped out.
Simply a system trade that failed.
No big deal..there are no holy grails that are 100% correct.
But, please do not mislead people into thinking that the loss was due to the trade not being in concert with the system.
It was.
It failed for many, including Peky.
:cool: sonvolt My apologies.
What I should have said was that there were no system trades while I was logged on to chat.
And I had a quick look at all the currencies today and didn't notice any trades that might have occurred after I logged off.
But obviously the channels have changed.
My apologies again.
Just to add my two cents wirth.
I don't think the aussie trade was a "text book perfect".
The shi channel lines were red indicating the channel range was too small and the time of entry the price was near the middle line.
You might recall Perky was not totally convinced and closed out early for a loss rather than wait for the 15 pips stop loss to be hit....which would have happened.
I didn't like the fact it was near the round nuber of 0.7600, but that is one of my own alerts, not one mentioned as being part of the system.
Trading is a judgement call......and one you make for your own trading.
Roll on the next trade? Regards It's all good to me, you'll never get your calls 100% of the time.
If anyone can I'll mortgage my house to them!!!! Honestly.:D Why not you would recoup your money back in no time.
Ahh wishful thinking hehe.
good trading all Hello I would be glad if somebody could upload the SHI Channel which shows the distance from TL1 to TL2.
I tried to insert the following formula Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0)); on the right place but my SHI channel doesn´t show the width of the channel Thank you Originally Posted by perky_z well ive managed to migrate the fxovereasy page here is the new addy sorry but i got sick of not getting there too yet other peeps had access FXOVEREASY NEW ADDRESSS ess Hi Perky, Ignore my email to you regarding your website problems at your previous provider.
I just came across this post.
As a note though, copy you Home.html page to a index.html page.
This will allow people to just type fxovereasy.50webs.com to access you directly.
Cheers, Frank.
PS, thanks for sharing! PSS, if we all start getting rich, I'm going to have to suggest you let me host your site as www.fxovereasy.com.
Cheers! perky_z Originally Posted by fthomas Hi Perky, Ignore my email to you regarding your website problems at your previous provider.
I just came across this post.
As a note though, copy you Home.html page to a index.html page.
This will allow people to just type fxovereasy.50webs.com to access you directly.
Cheers, Frank.
PS, thanks for sharing! PSS, if we all start getting rich, I'm going to have to suggest you let me host your site as www.fxovereasy.com.
Cheers! I was up till 1:30am migrating the pages and for some reason it would accept Index.html of course by now its on your favourites :) so I settled for Home.html I like it its much faster I'm pleased adding Murrey Math&nbsp; 1 Attachment(s) Hi everyone Here's a chart of the method with Murrey Math added........this is what I was talking about in the chatroom.
Regards Sorry, I have no access to the chat room What do you use MM for? Camisa Try this to get access to the chatroom (it's from Perky's message number 188 on page 24 of this thread) FXOVEREASY NEW ADDRESSS ess Then click to enter the Chatroom Regards The problem is mine The firewall here at work doesn't allow connection to java chats.
I can't login to moneytec's also :( Camisa Sorry, I remember now you mentioned that before.
I won't go into Murrey Math now, it was just so the people in the chatroom could see what it looked like.
Work hard.
Regards Originally Posted by sweet hi every one i programmed the SHI_channel to give you an alert when the price reach any of the boundry of the channel( upper or lower chanel).
see you guys:) I think it doesn't work? Did you attach the right file? Hi all! I'm new here and digging my way through the method and indie sources (straightening out the source code).
I found there's implementation of AscTrend on metaquotes.ru which is far more elegant and fast.
Also, there's a minor bug in ITREND: It should read if (Power_Price_0_6==0 /* was 6 */) powerprice=PRICE_CLOSE; No biggie ...
but thought I should mention it anyway.
Markus Originally Posted by Shimodax Hi all! I'm new here and digging my way through the method and indie sources (straightening out the source code).
I found there's implementation of AscTrend on metaquotes.ru which is far more elegant and fast.
Also, there's a minor bug in ITREND: It should read if (Power_Price_0_6==0 /* was 6 */) powerprice=PRICE_CLOSE; No biggie ...
but thought I should mention it anyway.
Markus does not quite help those like me who cant understand russian :confused: Try the code from this link: http://www.metaquotes.ru/forum/5256/ Should be much faster and less memory (the guy (komposter) is a master coder ...
I saw this code developing from the same code perky used ...
in fact it appears that some guy named Ramdass made a first conversion from some messy MQ2 code [Perky seems to have the Ramdass version too] and Komposter optimized it quite nicely).
See this thread http://www.metaquotes.ru/forum/4357/ (just the evolvement of the code).
Markus 1 Attachment(s) Thanks.
I am trying the code.
Does it have an audio alert? ------------- My most recent trades for +34 pips profit (thanks to a little boost by Alan Greenspan) Done for Today.
Thanks Perky !! don_forex Here is my trades for the last week since opening this account...
Interbank FX, LLC Account: 999999 Name: Don Lawson Currency: USD 2005 August 26, 19:02 Closed Transactions: Ticket Open Time Type Lots Item Price S / L T / P Close Time Price Commission Swap Profit 653554 2005.08.19 06:40 balance Deposit 3 000.00 654605 2005.08.19 14:58 buy 1.00 usdjpy 110.52 110.61 0.00 2005.08.19 18:01 110.61 0.00 0.00 81.37 654620 2005.08.19 15:03 buy 1.00 usdchf 1.2724 1.2755 0.0000 2005.08.19 16:35 1.2755 0.00 0.00 243.04 654628 2005.08.19 15:08 sell 1.00 eurusd 1.2170 1.2148 0.0000 2005.08.19 17:42 1.2148 0.00 0.00 220.00 654985 2005.08.19 16:49 buy 1.00 usdchf 1.2765 1.2746 0.0000 2005.08.19 17:50 1.2751 0.00 0.00 -109.80 1190003 2005.08.22 00:11 buy 1.00 eurjpy 134.44 134.31 134.74 2005.08.22 02:07 134.31 0.00 0.00 -117.72 1190033 2005.08.22 00:19 buy 1.00 eurjpy 134.41 134.31 0.00 2005.08.22 02:07 134.31 0.00 0.00 -90.56 1190234 2005.08.22 01:10 buy 1.00 eurjpy 134.38 134.31 134.71 2005.08.22 02:07 134.31 0.00 0.00 -63.39 1190895 2005.08.22 05:32 sell 1.00 eurusd 1.2185 1.2181 0.0000 2005.08.22 08:52 1.2181 0.00 0.00 40.00 1195855 2005.08.23 04:00 buy 1.00 eurjpy 134.14 134.48 0.00 2005.08.23 10:09 134.48 0.00 0.00 309.46 1197801 2005.08.23 14:32 buy 1.00 usdchf 1.2709 1.2706 0.0000 2005.08.23 17:21 1.2730 0.00 0.00 164.96 1198309 2005.08.23 16:07 buy 1.00 audusd 0.7557 0.7534 0.0000 2005.08.23 18:39 0.7560 0.00 0.00 30.00 1198730 2005.08.23 17:33 buy 1.00 eurusd 1.2223 1.2199 0.0000 2005.08.23 19:07 1.2226 0.00 0.00 30.00 1198745 2005.08.23 17:36 buy 1.00 eurusd 1.2216 1.2197 0.0000 2005.08.23 18:20 1.2218 0.00 0.00 20.00 1198890 2005.08.23 18:20 sell 1.00 usdchf 1.2717 1.2716 0.0000 2005.08.23 19:07 1.2715 0.00 0.00 15.73 1199314 2005.08.23 21:03 buy 1.00 usdjpy 109.87 110.18 0.00 2005.08.24 02:57 110.18 0.00 1.59 281.36 1200010 2005.08.23 23:18 sell 1.00 gbpusd 1.8005 1.8029 0.0000 2005.08.24 00:21 1.8004 0.00 0.00 10.00 1215766 2005.08.26 04:01 sell 1.00 usdchf 1.2570 1.2561 0.0000 2005.08.26 08:07 1.2561 0.00 0.00 71.65 1215787 2005.08.26 04:02 buy 1.00 eurusd 1.2295 1.2303 0.0000 2005.08.26 07:47 1.2315 0.00 0.00 200.00 1215811 2005.08.26 04:15 buy 1.00 gbpusd 1.8007 1.8027 0.0000 2005.08.26 08:07 1.8027 0.00 0.00 200.00 1218216 2005.08.26 14:31 sell 1.00 audusd 0.7592 0.7618 0.0000 2005.08.26 18:20 0.7585 0.00 0.00 70.00 1218274 2005.08.26 14:45 sell 1.00 usdchf 1.2562 1.2538 0.0000 2005.08.26 17:06 1.2538 0.00 0.00 191.40 1218322 2005.08.26 14:56 buy 1.00 eurusd 1.2315 1.2324 0.0000 2005.08.26 17:08 1.2324 0.00 0.00 90.00 1218556 2005.08.26 15:33 buy 1.00 eurjpy 135.02 135.23 0.00 2005.08.26 18:14 135.23 0.00 0.00 191.38 1219425 2005.08.26 17:27 sell 1.00 audusd 0.7586 0.7618 0.0000 2005.08.26 18:20 0.7585 0.00 0.00 10.00 Closed P/L: 2 090.47 Open Trades: Ticket Open Time Type Lots Item Price S / L T / P Price Commission Swap Profit No transactions Floating P/L: -0.00 Working Orders: Ticket Open Time Type Lots Item Price S / L T / P Market Price No transactions Summary: Deposit/Withdrawal: 3 000.00 Credit Facility: 0.00 Closed Trade P/L: 2 090.47 Floating P/L: -0.00 Margin: 0.00 Balance: 5 090.47 Equity: 5 090.47 Free Margin: 5 090.47 Details: Gross Profit: 2 471.94 Gross Loss: 381.47 Total Net Profit: 2 090.47 Profit Factor: 6.48 Expected Payoff: 87.10 Absolute Drawdown: 0.00 Maximal Drawdown (%): 381.47 (10.8%) Total Trades: 24 Short Positions (won %): 8 (100.00%) Long Positions (won %): 16 (75.00%) Profit Trades (% of total): 20 (83.33%) Loss trades (% of total): 4 (16.67%) Largest profit trade: 309.46 loss trade: -117.72 Average profit trade: 123.60 loss trade: -95.37 Maximum consecutive wins ($): 17 (1 927.53) consecutive losses ($): 4 (-381.47) Maximal consecutive profit (count): 1 927.53 (17) consecutive loss (count): -381.47 (4) Average consecutive wins: 10 consecutive losses: 4 There were two losing trades.
The first one $109.80, was a separate deal.
The next three were one trade where I thought and hoped I could recoupe my losses.
Didn't happen.
Cut my losses before they hit the stop loss.
I'm trying to combine this system into a super-indicator (and maybe even expert), but need some enlightenment from you pros.
When exactly do I open a deal? My understanding is ENTRY: When Juice is green and I get a signal from iTrend in direction of the Trend and if I want to be sure then also if AscTrend points into the same direction".
Is that right? (I'm currently leaving the width of the Channels out of the equation for a moment).
EXIT: Stoploss 15 points or wait for presignal is Laguerre crossing one of the levels (in according direction, e.g.
down over .75 for a long trade).
If Juice is green, wait to hit opposite Shi-Channel, if Juice is red, wait til Laugerre hits middle.
How does AscTrend fit in here? Thanks Markus I believe ASCTrend acts only as confirmation, doesn't come into play when entering the trade Could you code an alert when price hits one of the bounds of the SHI Channels? Someone posted one but I think it doesnt work PS: very nice results don! Thank you Markus (Shimodax) Good job on error finding and new code links.
It is a lot cleaner code.
And for those that don't read Russian (like mwbro and I): It makes no difference, it (MQ4) is computer language not human language.
Markus, My understanding if you want to follow the system exactly is as follows: Entry Note perkyasctrend1 has now been replaced with fxovereasy - (does the same thing but has arrows instead of dots and is quicker to react - based on psars) The arrow is the alarm which indicates that a trade is almost formed.
To confirm, check the following: 1) Trade is going with the SHI slope 2) Itrend is crossing (red crossing to top - sell, green crossing to top - buy) 3) Laguerre is crossing down through 0.75 for sell or up through 0.15 for buy.
4) Juice is green Exit 1) If juice is red when laguerre hits 0.45 then exit.
2) If juice is green when laguerre hits 0.45 then leave and exit when trade hits the side of the channel it's heading towards.
Set stop to 15 pips.
Don....
thanks for sharing your statement...!!:) Indeed it is nice to get a little inspiration like that from time to time.
I hope that was your real account and you are going to the bank today.
Good trading.
I will post my expert shortly.
Just need to clean it up a bit.
@shahin I don't read Russian either, but I can read MQ4 :-) @overgrowth So, for entry, basically Laguerre lauches the deal, if everythig else is right.
Also, where can I get the asctrend replacement? Thanks! Markus I use Itrend as the primary indicator then check that laguerre has crossed 0.15 or 0.75 in the right direction and juice is green.
Sometimes laguerre is first and sometimes Itrend is first - I don't suppose it matters if you're waiting for confirmation of everything.
Manually trading you get the signal, bring up the chart and then wait until everything is lined up - it can mean you miss the first pips of larger trends, though paying attention to juice keeps you out of any choppy movements.
http://fxovereasy.50webs.com/FxOverEasy.mq4 Anyone making money using this system (which you definitely will do!) make sure you donate a pip to Perky at: http://fxovereasy.50webs.com/Home.html I have noticed the Lagurerre cross happens around the same time the 5EMA crosses with the 13EMA (see my picture posted earlier) This might help you with your expert.
Also, I have an alert set to ring my cell phone each time this happens so I never miss a trade (unless I am in deep sleep).
My wife hates it LOL 2 Attachment(s) Up to date August 28, 2005.
The only experts advisors so far.
Here is my expert (iFXOverEasy1.mq4) with all the indicators.
I wrote it exactly to Perky's rules.
Some of the backtests failed.
(sometimes I think I am giving away all my secrets).
Anyhow this is a good example of how to get custom indicator objects and values - as this is not documented much if at all.
A variation of it by Markus (nickname=Shimodax) is here http://www.strategybuilderfx.com/fo...3&amp;postcount=302.
Corrected PerkyAsctrend1 and i_Trend with bug fixes mentioned before.
Today's thought: I think the angle of channels is more important than the seperation.
Rules (as I understand Perky): Long) Slope is up AND Ask is between upper/lower SHI_Channels AND seperation of Channel is more than 40*points AND Green Itrend is above red AND Laguerre is more than .15 AND Juice is green and PerkyAsctrnd1 has made a buy signal.
Short) just like to above and opposite the only difference is Laguerre is less than .75 (yes it is not symmetrical - but I am going with Perky) Exit Rules: StopLoss=15 with a TrailingStop=10 and TakeProfit=150 ;) Your humble most excellent programmer, Shahin (I take money / donations / charity too) @overgrowth Thanks for the clarification and the link.
As said, I'm rewriting the indicators and the first step will be a meta indicator that sums up the others (the idea is that you'll just have to watch it go to a certain level and then everything should be ready to go).
@jesse I think I saw that.
I ran the asctrend indicator alone together with various emas and the results were quite similar (quite similarly bad, as with all ema-cross based systems).
Also, I'm currently only demoing ...
so there aren't any pips to share.
But I will pay my due if the system earns me real money.
(And probably others will want to donate in my direction tool if the package works well :cool: ).
Thanks @ all Markus shahin, Does the expert trade only euro session? Can you make it so? Thanks for the code you've posted :) Originally Posted by traderpip shahin, Does the expert trade only euro session? Can you make it so? Thanks for the code you've posted :) No.
I feel like spending less time on this because of system failure.
I don't see light or hope for this.
Unless the rules are changed.
alex wong Thanh you Shahinfor the code All times are GMT.
The time now is 15:14.
Page 6 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 &gt; Shahin - you can't backtest the full system because the SHI bars are a fundamental part of entry - and these change dynamically.
You need to set the expert running now and see how it does next week (where there should be plenty of action in the run up to non-farm payroll).
The system works well in live trading - I pulled in plenty of pips today.
We've been trading the following pairs: USD/CHF GBP/USD EUR/USD USD/JPY AUD/USD USD/CAD EUR/JPY Interestingly, Perky's original choice of AUD faired the worst - the more volatility and daily range the better for this system - lots of folks made healthy returns on swissy, cable and EUR today.
Beware guys if you're making experts that the entry is easily coded, though using Perky's rules for exits has not been strictly followed when we've been live trading.
As ever with a good system there's an element of discretion and that comes from knowing exactly the best time to exit - I've used a combination of pivots, chart/candle formations, local S/R levels and tick chart to judge the exit rather than rely on laguerre (in fact I forgot to look at laguerre on exiting - whoops).
Think anyone could code this up for Tradestion? Super platform with free FX data :) @overgrowth (but not only): The SHI_Channel (not SHI bars) is taken into account.
Like I said I followed Perky's rules.
And if you look at my expert you will see it is the first indicator called (on every tick).
Also Perky put her entry/exit rules in the same place (I mean they are the same), and I think that is at least a bit unclear.
A note on backtest.
So this channels are calculated all the time as in a real time.
Not everything is the same as running in Demo live but this is.
Flaws in rules (I don't want to be picky BUT): 1.
Juice.
First she mentiones that get in if everything is cool and juice is red and get out when Lagu...
is at .45.
Only to contradict herself later by saying: "3.
VOLATILITY.
This last but not least indicator is called Juice.
Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green." 2.
Channel seperation which I took to be 40*points Can someone please post me some recent signals (date, time, timeframe, currency pairs) ? I just ran my combo indicator on eurusd/15m and found a signal today 15:00 (European time, about 7 hours ago).
But I'd like to check it with some existing signals if possible.
Thanks! Markus Shahin - firstly, I'm running in live live not demo live and making real money using these triggers lol ! Admittedly, I'm not solely relying on indicators in the system to guide my trades though I've only been entering based on the system rules.
In August markets there tends to be a lack of volume which makes systems like the bunny cross fail, though overeasy has been doing well as it gets in earlier even on short trends and allows you to steal a few pips.
Regarding juice - it all boils down to risk....
If you're feeling daring and can have other visual pointers that the market is moving your way then you can take a trade on red juice - thereby preempting the change of juice from red to green - this way you gain more pips.
If you want to minimise risk then you need to have the patience and discipline to wait for green juice in combination with the other indicators.
This is the only way to get close to the 80% success rate using experts.
Horses for courses really.
I'm not sure about channel separation - though Perky recommends only trading when it's 50 pips or more, this ensures that you have enough space to make a decent return.
Markus - scroll back a couple of pages and check out don_forex's trading log.
The only timeframe used is 15min at present.
Sahin, Reading comprehension must not be your strong suit.
Perky clearly states that you should only enter a trade if Juice is green.
Nowhere does she mention entering on red Juice.
Let me quote from the website in case you missed what I just said: "Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green." And we're supposed to rely upon your backtesting of the system....hahahahahahahahahahahahahahahahaha:p:p:p :p:p :( don_forex Originally Posted by Shimodax Can someone please post me some recent signals (date, time, timeframe, currency pairs) ? I just ran my combo indicator on eurusd/15m and found a signal today 15:00 (European time, about 7 hours ago).
But I'd like to check it with some existing signals if possible.
Thanks! Markus Markus, You might be able to check some times off of my account listing.
You might also take into consideration removing the reference to PAsctrend1 &amp; 2 in the EA that has been created.
I know that when I trade this system (and I would like to think I have been fairly successful) I do not rely on PerkyAsctrend1 as an indicator.
I use all the other indicators to enter and then usually confirm with the PerkyAsctrend1 2 to 3 bars later...
I usually exit with a 15 pip trailing stop but with this EA I will be able to exit with more profit.
I will have to figure that out...
Thanks for your effort.
Don don_forex sonvolt10, That wasn't very nice.
He has provided more to the developement of an EA than you have.
Instead of being critical, why not use that energy to perfect the EA...
Just my 2 pips worth...
Don:) don_forex Sorry.
No one ever accused me of being understated.
While Sahin may have contributed to the EA's, he is now telling everyone that the system does not work based upon backtesting.
How can we rely on his backtesting when he gets the most fundemental aspects of the system completely wrong.
Once again, sorry.
First and foremost, thanks to Perky for this excellent system and to everyone's contribution in this forum and the chat room.
This is a relatively new system, and Perky had only been using it on AUD.
The system is now out in the open and quite a few people (myself included) found it useful and profitable.
I had been lurking in the background of the chat room for the past two days and I felt there are a few clarifications required before we going any further (feel free to correct me if necessary, my memory is not perfect): 1.
the ASCTrend indicator is now being replaced by FXOverEasy, which is identical to a parabolic SAR (instead of dots below and above the price, we now have up and down arrows at the first bar of the changeover).
2.
the SHI indicator has now been improved with two additional parameters: width (default=50) and slope (default=25).
The colour of the channel and mid-line will change from green to red when the width and slope fall below the default value respectively.
3.
next week, Perky will demo trade the system using only the FXOverEasy (par sar) indicator + shi (to confirm trend direction).
She will do this on as many currencies as possible (she said she'll trade 16!) and will post trading statement eventually.
4.
there were debates as to whether trades based on narrow width or shallow slope SHI should count.
To summarize, both width and slope are quite subjective, and eventually, the width setting might need to be individually set for different currencies.
As for slope, steeper means more potentail profits (and time required to reach profit level), but again, an eurjpy trade with a slope of 3 this afternoon was profitable by 20+ pips.
5.
there were also discussion on whether to trade if the price had already reached mid-line of SHI.
Again, this is very subjective.
Most people (Don being one) says wait for a new signal (and don't chase the market).
6.
as already pointed out, it is impossible to backtest the system, mainly because SHI is dymanic.
The only way to perform accurate assessment would be to forward-test.
Don's statement is a very good indication, and I just can't wait for next week's trade + Perky's test! 7.
again, as already pointed out, where to take profit really depends on an individual's outlook and personal target (not least nerve!) All in all, I think it is too early to talk about an EA, as there are still a few tweaks to refine.
Personally, I would dearly love to see a "superindicator" which would combine the non-subjective ones for the system (i.e.
itrend, juice &amp; laguerre).
It would really save some real screen estates and enable us to add our personal favourites on top (CCI, Murray Maths, pivots plus a few had been mentioned).
This "superindicator" + SHI (adapted to individual taste + currency character) should then form the backbone of an excellent system.
Just my two (three, four or five) pennies worth.
Anyone up for the challenge? I know this isn't my system so nobody get mad at me for tweaking, but I found the Laguerre indicator to lag quite a bit and not cross .75 or .15 until well into the trend.
Sometimes this has caused most of the profit to be passed by.
I've changed the Gamma parameter in my Laguerre indicator from .7 to.55.
It seems to make it a bit more sensitive an crosses the .75 and .15 a bit faster to capture the trend earlier.
Nobody has to do this.
I just wanted to try to catch the trend earlier and found it helped to do that.
If you want to do this and don't know how, just double click on the Laguere line and then double click on the .7 to change it.
That's how I do it with my Inter bank FX charts that is.
Good post hambalan and an accurate description of current thoughts on the system.
There are several aspects in "overeasy" which appeal to me: 1) Trade signals rely on multiple indicator confirmations - and the indicators are looking good in a variety of trading conditions.
2) Stop doesn't need to be excessive (essential for money management when day trading).
Today the 15 point stop proved spot on (only just) to avoid having your fingers burned by the stop hunters.
3) Signals are early enough for you to snatch a few pips even on short moves.
Regarding slope - it's always safest to go with the prevailing trend, though when the slope is totally flat but the SHI range indicates a good potential return and all the indicators line up and it's worth taking the trade IMHO.
On the expert front, it's not something I'd use anyway as I trade from the UK and like to be in touch with the market.
The problem with the expert is that it's going to exit with maximum profit at the far SHI bar and that means that it will miss out on the really big profits in strongly trending markets.
The SHI bars will adjust to the new level after you've taken your profits.
Another thing is that the expert won't be able to see candlesticks with long lines at the head and tail everywhere on a particular currency on a given day (i.e.
seriously choppy - keep well away) - I'm not convinced yet that juice would keep you out of that sort of market.
However, the system seems to stack up well in a variety of market conditions and an expert totally following the rules looks as though it will give you a good steady income e.g.
25 pips a day on average.
Trading manually is a different ball game and at present it looks as as though the overeasy system could be used with a bunch of currencies and a good trader could take 20-40 pips on a bad day and 100+ on a good day on average.
I'll be up for the challenge.
kmrunner - that sounds like a good plan, though if laguerre confirms too fast in a ranging market will it mean that we end up flushing 15 pips down the pan? - just a thought...
Originally Posted by don_forex Here is my trades for the last week since opening this account...
There were two losing trades.
The first one $109.80, was a separate deal.
The next three were one trade where I thought and hoped I could recoupe my losses.
Didn't happen.
Cut my losses before they hit the stop loss.
Don Are all your trades following Perky's rules exactly or do you use your own discretion for entries? Originally Posted by sonvolt10 Sahin, Reading comprehension must not be your strong suit.
Perky clearly states that you should only enter a trade if Juice is green.
Nowhere does she mention entering on red Juice.
Let me quote from the website in case you missed what I just said: "Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green." And we're supposed to rely upon your backtesting of the system....hahahahahahahahahahahahahahahahaha:p:p:p :p:p :( I don't like what you said above plus I put what you quoted from Perky in my previous post.
Everybody else you are welcome.
If you can write a better expert then go ahead.
And I just stated the facts on the expert that was not that easy to write.
Actually I have not seen an expert from anybody including Perky.
Let see your comprehension level (which needs checking); or eyesite (read good).
As on Perky's web site: "The second is La Guerre.
When the La Guerre line crosses down through .75 line (top line) look to sell.
When the line crosses up thru .15 line (bottom line) look to buy.
If Juice is still green leave trade to opposite side of channel if it is red then exit trade when La Guerre line reaches its Mid line (.45)." As I said before if you put all your rules for entry/exit then what are those rules entry or exit :confused:, not that it could not be the same but seldom is.
Shahin To clarify: My expert only enters a trade when Juice is green.
:D Exit: Simple StopLoss=15 with a TrailingStop=10, both adjustable as parameters.
Have fun, Shahin ;) don_forex Shahin, You did a great job in getting the foundation layed for an EA that hopefully will be quite profitable! I modified it to use the LaGuerre RSI, SHI_Channel 2 (which is the name I put on it, it is the red and green version).
I took out the logic &amp;&amp; PAsctrnd1 in the buy and &amp;&amp; PAsctrnd2 in the sell.
Can you include the following: 1.
option to use .1 lot sizes (mini) 2.
Buy/Sell sideways arrow when a trade is placed 3.
Audible alert when trade is placed with the option to turn off 4.
A smaller sideways arrow to indicate a closed position This is just for starters, I am sure I will think of some more....
Don :D Originally Posted by Shahin To clarify: My expert only enters a trade when Juice is green.
:D Exit: Simple StopLoss=15 with a TrailingStop=10, both adjustable as parameters.
Have fun, Shahin ;) Shahin Keep up the great work.
I for one appreciate it as most of the traders here do.
Hi Folks, I would like to share a few comments here.
First of all, im currently doing some programming work with this system and will share some results (see my next post).
I started with the original set of indicators which were posted at the beginning of the thread and the initial instuctions.
I also had problems with the instructions, from a programmer's standpoint they are not entirely clear (programming a system is quite different from intuitive understanding).
I don't know what modifications have been made to the system or which ones are in progress as I have not read every post in the 30odd pages here, so I'll stick with the original one.
First, I played with the asctrend thing and I'd say, standalone it is as useless as any EMA based system or any other system that is based on common indicators (and I have backtested quite a few including SAR, and combination with trailing stops etc.).
It may look fine on the chart with the dots painted above the highs and below the lows, but backtest results are always horrible.
However, the system as I understand it is not based on asctrend so I'm currently playing with the full set of indicators recommended there (again, see my next post).
I have also looked at Shahins code.
First, he invested a lot of time (I know it, because it took me a full day to get halfway where he is and I'm a professional programer).
It is possible to backtest the SHI-Channels because the backtester feeds the data into the indicator as if it were realtime, the only difference may be ticks and slippage, but in the 15M timeframe, MT4 does a pretty good job with that.
If the backtest produces losses there are a couple of possibilites.
Either the expert has a bug, or the rules are not clear, or the system does not work by strictly sticking to the rules (which still does not make it useless if it assists discretional decisioins or trades).
As far as I could tell from looking at Shahin's code, there were no obivous errors and it was based on the original indicators (called by iCustom()).
I may still have missed something, and will soon find out when my own expert will be running.
And if I were trading this system (I'm currently only demoing) I'd be most interested in the results.
Anyway, I think Shahin did a great job so far.
And I'll also try to add to the knowledge and tools about the system soon.
I'm also interested in any developments or clarifications from Perky.
I'm not trying to prove anybody wrong, or offend anyone.
For me it's just due diligence before I even thing about trading real money with this.
Having this said, I'll upload in a moment a package with rewritten indicators and a new toy that should help trade the system.
Whoever likes, can use it, share comments and suggestions, etc.
I hope it will be well received ...
Cheers Markus PS: And I don't want to get in competition with Shahin (I started this before I knew he'd publish his expert), I'd rather team up with him (if the efforts and results are desired here).
don_forex Originally Posted by Barcode Don Are all your trades following Perky's rules exactly or do you use your own discretion for entries? Let's put it this way, I am 100% when I follow the rules.
As you can see from my previous post, the last two days of trading resulted in 16 for 16 trades! Follow the Rules! Don don_forex, Unfortunately, I think your request for modifications to the EA will fall on deaf ears.
As per Shahin's recent post..."No.
I feel like spending less time on this because of system failure.
I don't see light or hope for this.
Unless the rules are changed." While I am certainly appreciative of Shahin's effort in creating the EA (mind you I could not even figure out BASIC), I would certainly have a difficult time reconciling his "system failure" with your live (via demo account) results of well over 90% success.
I personally see nothing but light and hope for this system.
I trust you agree.
Hoping that Shahin will revisit and revise his EA so that the results are more accurate...
2 Attachment(s) Okey, dokey ...
Here comes a ZIP archive with the full set of indicators and a new combo indicator which pulls the other indies together in one place to signal the entry.
The files are currently executables only, depending on how it goes I will release the source eventually.
But for now the stuff is in a state of flux and I don't want to have different versions floating around.
At this point I'll need some help of the veterans.
As said, some source was rewritten and I can't be sure that I introduced bugs.
What's definitely necessary is to compare the results to the old indies and compare the signals from the combo indie with the ones you'd manually (visually) generate from the stuff you used before.
Also, I removed most of the input parameters under the impression that anybody was using the defaults anyway.
If you need something back for tweaking, please let me know.
(The individual indicators have some parameters, but the combo currently calls them with fixed values, like 0.7 for the gamma, 4 pips for the juice, etc.).
Before you start, please read the instructions (there's a pdf inside).
Enjoy! Markus Another thing regarding the backtest.
I have recently backtested a system which performed quite well in July and August.
But as soon as the test went further back when the markets made different moves, it failed quite badly.
So, having excellent live results at the moment and a bad backtest doesn't necessarily needs to be a contradiction.
As said, I don't want to devalue this system in any way (otherwise I would not spend time programming for it), but there may be pitfalls lurking in the future.
Markus alex wong Forexovereasy Indicator set thank you Shimodax Thank you don_forex, Barcode and whoever else I forgot.
Don: I can add mini lots no problem or somebody else can.
About the arrows (buy/sell/close) and alarm: Currently it is yellowgreen for buys (entry,modify,exit) and LightBlue for sells.
Alarm is part of normal functionality in MQL3 I think it is here too, but I had it turned off in MQL3 and check in your "options" to see what.
sonvolt10: You see how fast I answered you before so I am listening.
Last guy asked for a change to only trade the Euro open and I saw no value in that anyhow.
Shimodax: I understand and like all your comments about programming and such.
And I have put the source code here as to further the development.
You could add the mini lots if you like.
I am a minimalist type programmer.
Frankly I don't download just executables (without source) as for your last post, however thanks for the contributions.
Shahin BTW.
I am a professional programmer also with 20+years and tons of degrees.
Government wants me to build rockets and I won't do that so here I am.
Most of IBM and such jobs are in India and China.
Shimodax and Shahim, Thank you very much for your efforts.
They are very much appreciated.
I don't know mql programing.
Where can I find some info to start? Personally, I wouldn't trust backtesting on any technique.
I just don't think it'll give accurate results since a person won't be online for every trade like an automated backtest will.
Anyway, that's just my opinion.
If I start trading this live, (hopefully sometime in September) I'd like to contribute some of the first pips to you guys.
Thanks again! Kevin vbmenu_register("postmenu_126202", true); I went thru and checked the expert by Shimodax against the trades taken by don_forex they all lined up except the eurjpy and i am not sure what direction the channel was going at that time.
Everything else looked good.
edit If I would have taken the time to really study the expert it shows that the channel was + so might have been a questionable trade on dons part but I probably would have taken it when everything lined up a few bars later which was still almost a 30 pip gain 1 Attachment(s) Here is results (not bad) of test on EURUSD,1H (not 15 mins) from 2005.7.18 to 2005.8.23 .
Go ahead> Run your own backtests and see (you might get fantastic results).
I really did not backtest that much.
Shahin, What does your iFxOverEasy1 do? Is it for alarms? I clicked on it but nothing happened.
Does it run automatically? Sorry, not a programmer here! Thanks! Oops, I think I figured it out.
I had it under Indicators, it's under EA's now.
I should be ok once the markets start up again! Thanks! perky_z Originally Posted by kmrunner I know this isn't my system so nobody get mad at me for tweaking, but I found the Laguerre indicator to lag quite a bit and not cross .75 or .15 until well into the trend.
Sometimes this has caused most of the profit to be passed by.
I've changed the Gamma parameter in my Laguerre indicator from .7 to.55.
It seems to make it a bit more sensitive an crosses the .75 and .15 a bit faster to capture the trend earlier.
Nobody has to do this.
I just wanted to try to catch the trend earlier and found it helped to do that.
If you want to do this and don't know how, just double click on the Laguere line and then double click on the .7 to change it.
That's how I do it with my Inter bank FX charts that is.
look the only bad thing about tweeking is finding something and that might be better and not sharing it thanks for you input....
perky_z Originally Posted by camisa The problem is mine The firewall here at work doesn't allow connection to java chats.
I can't login to moneytec's also :( Camisa its IRC chat so you may be able to attend chat via mirc you will have to read up how on www.freejavachat.com but irc isnt an easy beast to master google mirc and it if works from work i can get you the server address Perky, Thank you for the system.
Looks promising especially for your star student Don_forex! I hope to be more disciplined like him next week and have many winning days.
Kevin perky_z Originally Posted by Shahin Ok here is my expert with all the indicators.
I wrote it exactly to Perky's rules.
But lost money in backtest.
Only two indicators PerkyAsctrend1 and i_Trend have some minor fixes mentioned above.
Today's thought: I think the angle of channels is more important than the seperation.
ps.
I see she finally got an expert too, great.
No @overgrowth http://fxovereasy.50webs.com/FxOverEasy.mq4 is not an expert but an indicator.
;) Your humble most excellent programmer, Shahin (I take money / donations / charity too) you hard work is appreciated its really strange i dont have that bug in my I_trend and I havent fixed it any way the fixed version chould be on the web site because i loaded it from thi computer..
thanks for your keen eye...
PLEASE TAKE NOTE: the FxOverEasy.mq4 is still in test and to be used in demo or at your own discretion Hi Perky (or ellie4), I hope all is well.
So what do you think of the expert I got.
Is it correct? Or something I could improve upon? Thank you for all your contributions, Shahin:D Ganja-Man hmm from what i c the expert isnt enter by the PerkyAsctrend there is bugs on the expert i think Hello everyone It has been an interesting week for most of us who now have one week's experience of trading/demo-ing/looking at/chatting/writing about this system.
Some people may have two weeks experience other than perky_z who set it up for herself to trade the aussie dollar.
We have adopted it as our own child and have immediately sought to discipline it according to our own styles.
We didn't like how it was dressed as an aussie, other than occasionally, we preferred to give it clothing in pounds, euros, yen, euro/yen, swiss francs and canadian dollars and some, to be totally contrarian also decided to have our new child stand out dressed in the dow indices! How did our child behave with all this prodding and poking from its' adoring aunts and uncles............extremely well for this week.
Heavens forbid, some of its' new rellies wanted to make it drink green Juice continuously and fought to find a way to make a child Juiced up all day.
I want to thank perky_z for sharing her child.
Thanks to those of you who can program in metatrader language and willingly share what you do with us.
Looking forward to next week.
For those in the UK have a good long weekend.
Regards @kmrunner MQL programming isn't the easiest thing in the world.
I wouldn't know how to start it ....
probably by starting to look at simple samples (simple indicators are best).
It is similar to the C programming language (but not identical), so a book on C programming for beginners should also definitely help.
Regarding backtest.
Opoinions may differ, but I believe backtests are good and valid.
It's not an outlook into the future, but helps to see how a system performs on different market conditions.
I have seen systems which performed well over a month but miserably failed in others.
Imagine starting to use a system with gambling money, having some successes and then going into it with serios money before the market changes.
@robey Thanks for checking the combo signals with don's list.
It's quite valuable to me to hear that they match up.
Should be a good platform to continue some developents then.
@don Would you care to try the indicator set beside your current setup? @all what roles does the AscTrend or the new FXOverEasy sar based indicator in your use? Does it help filter out deals or make them better? Thanks! Markus Perky: Thanks for the tip about mirc, I use it a lot in fact but it too doesn't work at work because of the firewall so i'm restricted to chatting from home :( From our programmers I would ask 2 things to save me from loosing trades at night: One: take the fxoverasy indicator (with the arrows) and make it alert only when SHI channels agree (only alert for buys when SHI is positive and vice versa).
Should be easy with the iCustom function I think Second: put an alert on SHI Channels when price reaches an extreme I'll start live with the system this week using CMS broker so I need to be waken up at night so not to loose any trade PS- if possible make the alert sound only once All times are GMT.
The time now is 15:14.
Page 7 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 &gt; @alex Originally Posted by alex wong Forexovereasy Indicator set thank you Shimodax You're most welcome! Thanks! Markus I like to add some personal rules when trading this system (I have been doing it for a few weeks, before it was posted here).
for example: -dont enter a trade if a pivot point or major support/resistance are less then 10 pips away.
Granted this makes you miss a lot of good trades, but, it weeds out a good chunk of the bad ones.
The system generates plenty of set-ups, just wait for the "perfect" one.
If you add in your own personal guidlines, you can probably get your win% up to 65% or more :) Originally Posted by UncleJesse dont enter a trade if a pivot point or major support/resistance are less then 10 pips away.
Are you adding the Pivots based on days (like previous day's candle) or are you just looking for your own substantial high/lows to compute these from? Thanks! Markus UncleJesse What currencies have you been trading? Which one has the greatest % return? I thought Perky said that the % winners were greater than 80%.....but I appreciate she has only been trading the aussie.
Regards I am VERY new to forex so please dont take anything I say too seriously.
I have been using pivot data calculated from previous days high/low.
I use the custom pivot-lines indicator on MetaTrader.
I have been doing all pairs while I am awake.
The EUR/USD and USD/CHF seemed to perform the best this past week.
>PerkyAsctrend1 (I made sure it generates signal for the current bar - which I call a minor bug, then I also took out the part were it remmembers if it had generated a signal for buy or sell and would not produce another buy after a buy - So my version of PerkyAsctrend1 will produce a signal everytime it sees it regardless of previous state, making more signals).
>>i_Trend (fix that Markus found), a minor bug - basicly a variable that is used was not being initilized correctly (Perky has incorporated this change now).
After some people run some backtest or forward test and tell me if this system fits Perky's rules and such.:rolleyes: Originally Posted by alex wong Shahin the iFxOverEasy.mq4 it can't see plot in the MT4:( the 4 indicators is working good but not the iFxOverEasy,is iFxOverEasy indicators?:o thank you That is not the one I wrote (that is just an indicator).
Look at my post above.
Originally Posted by hambalan the second problem relates to the Combo indicator.
It appears that sometimes, the Combo provide a signal on time, but occassionally, it can be delayed by one or two bars (see attached charts) In the first chart, I think the signal should come two bars earlier, and likewise for the second chart, one bar earlier.
I welcome comments from everyone (particularly whether they can reproduce the same problem).
Thanks a lot.
PS - the charts for this and the previous post is GBPUSD for 25-26 August (15 min, of course) Delayed signal is due to PerkyAsctrend1.mq4 (I fixed that bug and it is in my version of indicators) with source and all.
Look at my post above the previous.
thanks shahin you da man! don_forex I find the only problem I have is in backtesting in general.
I don't trade based on candles closing, I trade tick by tick.
My entry might be good one second and not the next.
Same way with exiting a position.
What do you think? :confused: Don Well, great set of indicators!!!! Specially historical SHI slope, now we can do some backtest! Don: I'm going to enter at close of candles because following the market to the tick for 6 pairs all day is too much for me What I need are some alerts to call my attention 1 Attachment(s) I spent a bit of time on Shahins Expert today and made a few mods.
First I changed it the way, that it only triggers a signal when Laguerre actually crosses the line in the descibed directions.
Also added an option to take ASCTrend into account or not (Percy writes that it's just for the weary).
Also added some different profit taking, a trigger level at which the trailstop is activated (e.g.
with a profit of 15 pips begin trailing a stop of 10 pips).
I ran a backtest on this month EURUSD/15M without AscTrend and must say that, while not entirely being thrilled, that I've seen worse results in tests.
(60-100 Pips total depending on the exit parameters).
It sure needs more testing on longer time periods and other currencly paris and probably some tweaking of the paramters (or implentation of Perky's profit taking scheme).
If anyone wants to continue playing with it, here is the mod.
Markus don_forex Originally Posted by camisa Well, great set of indicators!!!! Specially historical SHI slope, now we can do some backtest! Don: I'm going to enter at close of candles because following the market to the tick for 6 pairs all day is too much for me What I need are some alerts to call my attention The only problem is you can let too many pips go by that way.
Most of the time you will never be in more than 2-4 positions anyway.
Don @don the MT backtest works on the tick.
It may not be exactly the same kind of ticks you see, but it does it's job tickwise (unless you programm it otherwise).
Markus Originally Posted by camisa What I need are some alerts to call my attention Once it's clear that my combo indicator calculates the right signals, an alert is the least of all problems.
Markus don_forex My understanding is it only collected upto 1m increment information.
Am I wrong?:confused: Don @hambalan You're right ...
the Lagurerre graph looks weird (I have seen this before, but thought I've fixed it).
Will have to check if it will affect the operation.
In the two charts the singals seem late, also right ...
will try to see if I can reproduce that here.
Thanks for the keen eye.
Markus What a great thead we have going here.
I have been trading and watching and evaluating this system over the last week.
So far I am 5 for 6 the loser was a made up trade.
Shimodax - you are on the right track my friend but your signals are delayed by one bar for some reason on most of the trades.
Shahin - you code cruncher you ..
Doing a great job I must add ..
You are following the rules to the utmost extent.
If you have traded it yourself you would find the following.
!.
Forget the Perkytrend1 signal from the code.
2.
Concentrate on when the Laguerre indicator crosses the 0.75 and the 0.15 with a prior cross in the I-trend.
3.
You must have Juice and decent amount of it.
4.
A previous cross of the I_trend is nice.
So in Lamen terms Long = Laguerre>0.15 + Juice > 0 + Previous I-trend cross + SHI Channel > 30 degree angle Short = Laguerre 0 + Previous I-trend cross + SHI Channel > 30 degree angle.
Code that and we may have a winner.
Benos in the room...
You don't trade by the minute, do you? I think 1M ticks (and some artifical ticks are interplated from the corner points of the minute) should not make too much difference when trading in the 15M chart.
Markus @gado Originally Posted by gado SHI Channel > 30 degree angle.
Code that and we may have a winner.
The angle depends on the screen layout.
What's your trigger for the slope? (displayed in the upper left corner when SHI is on the chart) Will try to take care of the timing tomorrow.
Markus alex wong 1 Attachment(s) o.k to me still working on it don_forex Hey Benos! How are you? The only thing I differ in opinion in, is that it isn't necessary for the slope to be greater than 30.
At least not in my trading experiences...
Angle of the slope merely reflects the time it might take to take your profit.
Steep angle, short amount of time; shallow angle, longer amount of time.
I have had trades last only a few bars and others last hours...
Just my two pips worth...
Don Shimodax &amp; Shalin, Thanks again for the indicator and expert packages.
As I said previously, I think it is far too early to code an expert for the system, as the rules are constantly evolving, being refined and tweaked when more and more people are testing it over different currencies.
As a prime example, PerkyAsctrend was never meant to be a critical part of the system.
Its primary purpose is to confirm the trade, but most people who follow the system (and either live or demo trade this in the chat room) now disregard this indicator altogether.
Perky has now replaced this with a parabolic SAR indicator.
She will test it over the next week.
Again, the effectiveness of this is still under investigation.
Personally, I favour ASCTrend (as modified by Komposterius) as suggested earlier.
I hate to repeat myself, as my view on the subject is spelt out in detail in my previous post (#253 on page 32 of this thread).
In essence, I think we need a "super-indicator" for iTrend, Laguerre &amp; Juice in the first instance.
Even this is not without its problem - e.g.
while a computer can easily see if the red line of iTrend has crossed the green, sometimes they are very close together over several bars.
A human can make a subjective call whether to trade or not in conjunction with other indicators and market condition, a computer will just churn out signals regardless.
Hopefully, by the time everyone is more or less happy with this super-indicator, guidelines regarding other matters (e.g.
SHI width / slope, profit target, stops etc) will emerge for us to take the system forward.
To conclude, I like this system (a lot) and see a lot of potential in it.
BUT, one step at a time, please.............
As usual, comments are always more than welcome.
PS.
personally, the chat room is a great place to learn the system, as like-minded "traders" can put their heads together and hopefully, ensure the success of FXOverEasy in the long run! don_forex Originally Posted by Shimodax You don't trade by the minute, do you? I think 1M ticks (and some artifical ticks are interplated from the corner points of the minute) should not make too much difference when trading in the 15M chart.
Markus I only use the 15m chart for both entry and exit.
Having said that, 15 minutes is a long time for a sudden movement.
I have seen a candle move 20-30 pips in a matter of 1-2 minutes...
I am only concerned that people will think that backtesting won't accurately show what this system is capable of doing...
An EA will do wonders once all the bugs are worked out.
I plan to use the EA, but I will still monitor as I can until my acct is large enough to handle any drawdown the EA will produce.
I wish I could contribute more to the process of programming this thing, my skills as a programmer suck! :o Don 1 Attachment(s) for the benefit of new comers, and to demonstrate my latest set up, my GBP chart looks something like this.
The indicators are:SHI channel (with colour)ASCTrend (as modified by Komposterius) blue=bullish, red=bearish, green=neutralFXOverEasy (essentially a parabolic SAR)iTrend (default setting)Laguerre (gamma changed from 0.7 to 0.6)Juice (default setting)Hope this helps don_forex Hambalan, One thought about the PerkyAscTrend1...
Primarily, I use the indicators as prescribed by the system.
However...
There has been occasion where the PerkyAscTrend1 will show up prior to the indicators coming into alignment.
I have taken these trades.
The position might go -10 to -15 pips prior to turning around, but, I have always gone positive! Just my two pips worth...
Don Lguerre gamma setting&nbsp; 1 Attachment(s) before anyone ask why change gamma of Lguerre, herewith a comparsion.
The difference may not seem great, but it does cut out the lag of LG and the crossover of LG over the .15 and .75 lines usually occur 1 or 2 bars earlier (it does make a differnece if you trade this system).
FYI, gamma for the first and second LG is set at 0.6 &amp; 0.7 respectively.
@don Backtesting is not real life testing, that's clear.
But many systems I've backtested so far have fared so bad, that you wouldn't even have been able to resuce them, if you allowed them to buy even for a price 1 minute *before* the signal.
So to me it's an indication if it's worth a 2nd look and what to expect.
The test I made with the modified EA an hour ago (posted a page back), where I took out the asctrend, did look at least promising.
It was just one currency and just one month (those indicators really burn cpu cycles :o), so there maybe more to come.
But my experience is, that if a system fails miserably (and I don't mean Perky's here) in the backtest, it's not the rougher ticks.
@hambalan I guess the super indicator is on the way ...
but the first step for such stuff is to publish it to find the bugs and polish the edges.
:cool: And a backtest (be it back or forward) or a software to automatically demo forward may offer the opportunity to validate various modifications to the strategy.
If a test fails, it always rises the question: What can we make better and how can we check that the change is indeed an improvement.
Just my two pips ...
keep up the good work :D Markus Originally Posted by don_forex Hambalan, One thought about the PerkyAscTrend1...
Primarily, I use the indicators as prescribed by the system.
However...
There has been occasion where the PerkyAscTrend1 will show up prior to the indicators coming into alignment.
I have taken these trades.
The position might go -10 to -15 pips prior to turning around, but, I have always gone positive! Just my two pips worth...
Don Don, Thanks.
Please see the above charts.
I think ASCTrend (as modified by Komposterius) inproves the situation even better.
What do you think? Originally Posted by Shimodax @hambalan I guess the super indicator is on the way ...
but the first step for such stuff is to publish it to find the bugs and polish the edges.
:cool: Markus, Once again, thanks a lot for the coding so far.
In our case here, it it not just polising the computer code.
The system rules has quite a few tweaks and refinement yet to appear.
Regards, Hambalan ASCTrend (as modified by Komposterius) I think I missed this.
Where did you get that from? don_forex Hambalan, With reference to my last post, did you notice the last two buy signals that were located on the lower SHI_Channel? Those are perfect examples of what I was talking about.
I would enter a position if that was to show up prior to the indicators coming around...
Don All times are GMT.
The time now is 15:14.
Page 8 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 &gt; Originally Posted by don_forex Hambalan, One thought about the PerkyAscTrend1...
Primarily, I use the indicators as prescribed by the system.
However...
There has been occasion where the PerkyAscTrend1 will show up prior to the indicators coming into alignment.
I have taken these trades.
The position might go -10 to -15 pips prior to turning around, but, I have always gone positive! Just my two pips worth...
Don i agree dan PerkyAscTrend1 is not accurate but ive examined all my charts last week and this indicator in general promised profit (must have juice)...you must be prepared for some choppiness with the market have a good stoploss (like 20 at least) it will get stormy but in the end with patience you will profit.
I tend to stick with top and bottom channel entries with PerkyAsc(mid-channel entries can be dangerous)...i look forward to more demoing next week don_forex As far as an entry goes, I would recommend that a position should be opened if Asctrend is indicated prior to all others.
if asctrend(up/down) is true, then open position else wait for indicators.
Sorry I don't know code...:o Don Wow! I only turned my back for a little while and this thread has gone from 7 pages to 41 in a matter of a couple of days.
This must be one of the most popular systems ever! Nice to see everyone contributing so freely - I wish I could program like some of you guys and gals on here.
As someone else already mentioned I have found that the profitable trades are when the price is at the top of the SHI-channel or at the bottom.
Keep up the good work everyone I think perkyz has started something here that is going to continue for a long time to come in various forms and adaptations.
I am sure some people will be combining it with their own system that they are already using with devastating effect.
@all Regarding PercyAscTrend and derivates I have a small demostration/experiment.
There are two screenshots here.
Please view both and ask yourself which of the two versions you would use (Blue is a buy signal, Red is sell).
(more below the screens) Picture has been resized, click for full size pic Picture has been resized, click for full size pic Now ...
both are identical systems (standard AscPercy) ...
but the second indicates the price you could really expect to get for a trad when the signal is generated.
No wonder people who sell trading systems always put their indicators below and above the charts.
:rolleyes: Markus Originally Posted by kmrunner ASCTrend (as modified by Komposterius) I think I missed this.
Where did you get that from? as mentioned by Shimodax in post #224 (p28) and #226 (p29) well worth a try, IMHO Originally Posted by don_forex As far as an entry goes, I would recommend that a position should be opened if Asctrend is indicated prior to all others.
if asctrend(up/down) is true, then open position else wait for indicators.
Sorry I don't know code...:o Don Sorry, Don, which chart / currency &amp; date?? please.
don_forex Originally Posted by hambalan Sorry, Don, which chart / currency &amp; date?? please.
Your post #317...
Don Two more things about the indicators.
I'm not sure about the AscTrend version from "Komposterius" but all AscTrends I have seen including that optimized one from the russian website (modified by Komposter) generate exactly the same signals (I had them all on the same charts together when I made my own mods [which were also only programming issues]).
The Komposter version ist just more elegant in coding and burns a lot less cpu cycles? However, what seems to be a real winner is the SHI Channels.
I have dug around a bit and it also originates on metaquotes.ru, also -- like the asctrend source -- going back to some thing named Moving Channels which was a MT2 or MT3 project.
I haven't followed it further yet, but I'm amazed at the elegance of the approach and the apparent usefulness.
Btw.
Metatrader seems to be a Russian software and from what I see in the program and community there [although I don't understand a word] there must be a couple of very bright guys over there.
(One has to wonder why such bright guys make their money programming rather than in the fx market ...
maybe they are even brighter then we know ;-)).
Well, back to coding ...
:D Cheers Markus Originally Posted by Shimodax No wonder people who sell trading systems always put their indicators below and above the charts.
:rolleyes: Markus Markus, I agree wholeheartly.
Some of the indicators that system builders try to sell look excellent on paper (chart) until you try it for real.
Then you realized that entry/exit is the key to success (or more often, failure) ;) ;) I am trying to download the indicators into but i keep getting errors when i check it but it worked fine when i downloaded it into metatrador can anyone help? Two more comments about ASC-Trend: The FXOE-Asctrend in my package (page 34 or file area in case you missed it) is the Komposter version.
It can be used independent from the the other stuff in the packet.
And if you want to know, how to make money with asctrend then google for "easctrend" (ironically I found this thread after I had seen easctrend in an ad in a magazine and tried to find more information ;)).
Markus 1 Attachment(s) Originally Posted by don_forex Hambalan, With reference to my last post, did you notice the last two buy signals that were located on the lower SHI_Channel? Those are perfect examples of what I was talking about.
I would enter a position if that was to show up prior to the indicators coming around...
Don I have put all three indicators on the same chart for all to see:blue/pink dots - original PerkyAsctrend1 indicatorgreen / red arrows - FXOverEasy indicator (identical to parabolic SAR)blue / red / green lines - ASCTrend (as modified by Komposterius)Use one, two, three or none.
Take your pick, readers! ASCTrend &amp; Parabolic SAR&nbsp; Essentially, ASCTrend set buy and sell ranges based on previous price action, while parabolic is similar to moving averages but move with higher acceleration.
If anyone is interested for more details concerning ASCTrend and Parabolic, see the following links: Parabolic on Metaquotes site Discussion on ASCTrend on another forum Hope this helps.
@hambalan Btw, I noted blue/red/green price bars in your chart.
Is that an MT feature or a special indicator? Also, as far as I know PSAR is mostly used to play the role of a trailing stop.
Markus alex wong 1 Attachment(s) hambalan thank you i got it:D I'm not sure but I think I'm getting lost with all the revisions of the indicators.
I thought I've downloaded them all but I can't find the "FXOverEasy indicator" that gives the green and red arrows.
Are there many differences between Shimodax and Shamin's indicators? Maybe someone can post the lastest indicators with the latest inprovements.
I like the red and blue Asctrend.
Thanks What is the FXOE-SHIslope indicator doing for me that looking at the SHI slope directly isn't doing? Originally Posted by Shimodax @hambalan Btw, I noted blue/red/green price bars in your chart.
Is that an MT feature or a special indicator? Also, as far as I know PSAR is mostly used to play the role of a trailing stop.
Markus Markus, Haha, that is why I prefer ASCTrend (as modified by Komposterius).
:D :cool: ;) Instead of giving dots or arrows, the signal is intergrated with the price bar.
One more additional feature is that not only would it give bullish or bearish indications (blue/red or whatever colour combination bars you want), it also indicate neutral zones (to me, it means sitting on the side line waiting to see what would happen next, thus a good indication of possible trend change or time to take action to protect your profit so far).
Indeed, it is more akin to the commerical product that you suggested googleing for.
As for parabolic sar, it is very similar to moving averages.
Most trader I know use it to indicate impending trend change.
BTW (for newbies reading this), I must stress that one must never rely solely on either ASCTrend or parabolic to trade.
Particularly in choppy markets, you'll get wiped out in no time.
You have been warned....:eek: Hope this helps.
alex wong 1 Attachment(s) Originally Posted by kmrunner I'm not sure but I think I'm getting lost with all the revisions of the indicators.
I thought I've downloaded them all but I can't find the "FXOverEasy indicator" that gives the green and red arrows.
Are there many differences between Shimodax and Shamin's indicators? Maybe someone can post the lastest indicators with the latest inprovements.
I like the red and blue Asctrend.
Thanks kmrunner Asctrend indicators Originally Posted by kmrunner I'm not sure but I think I'm getting lost with all the revisions of the indicators.
I thought I've downloaded them all but I can't find the "FXOverEasy indicator" that gives the green and red arrows.
Are there many differences between Shimodax and Shamin's indicators? Maybe someone can post the lastest indicators with the latest inprovements.
I like the red and blue Asctrend.
Thanks for the FXOverEasy indicator (again, may I stress that this is identical to a standard parabolic sar indicator) on Perky's site, try this Alternatively, just add the "parabolic" indicator which is available in you MT4 platform.
don_forex Originally Posted by kmrunner What is the FXOE-SHIslope indicator doing for me that looking at the SHI slope directly isn't doing? The indicator is presenting the angle of the previous angle.
The taller the bar, the steeper the angle was...
And conversely, the shorter the bar, the shallower it was....
Hope this clarifies your question...
Don ASCTrend - Komposter or Komposterius??&nbsp; to avoid confusion, kindly note that ASCTrend by Komposter (as mentioned by Shimodax) and ASCTrend (as modified by Komposterius) used by yours truely is one and the same indicator.
I use Komposterius because that is the "nick" he used for his email.
If Shimodax has no objection, I think we can rename it "ASCTrendK" from now on.
Much simplier, don't you think? :) I am trying to download the indicators to one of the brokers but i keep getting token errors anybody know what that is about? Hi guys, Interesting system, so in short this system is for range bound market? Thanks OKL Offical home page:http://fxovereasy.50webs.com/Home.html Chat:http://www.freejavachat.com/chat.php?chan=fxovereasy MT4 indicators: which is which :confused:?? @hambalan Can you please post the one you found here.
The one I have from Komposter (and which is part of my archive) definitely does not modify the bars ...
it just had the calculation optimized.
I guess you must have found something else, hence the confusion.
Cheers Markus 1 Attachment(s) @all New version of the indicator set attached.
If you find any new problems that make it unusable etc, please refer to the first one on page 34 of this thread.
Please refer to the PDF inside for further instructions (if you're new to this please [pretty please with sugar coating :)] read the doc first).
@hambalan Can you please recheck the LRSI and signal timing.
It should be fixed now.
Version History: V0.50 - Initial set of indicators with FXOE-Combo V0.51 - Breakout markers missing from SHICHannel.
- SHIChannel descriptions on upward channels fixed (upper/lower was swapped) - Signal was sometimes delayed by 2-3 bars - Display error in LaguerreRSI (thanks to hambalan for spotting this) Hi, I have been looking at this system last week in real time and it looks good.
Can anybody advise on the best exit signals using this system ? thanks Ian The bug (now elevated to major bug) in original PerkyAsctrend1 becuase the main loop of this indictor stops short of the current bar.
Which is only incorrect in Perky's version.
The original and another version that I had, both check for the current bar also.
Basicly the condition of the loop in Perky's is ".15...
would you then say ...LaguerreRSI(current)>LaguerreRSI(previous) and LaguerreRSI>0.15? Sorry if the grammar is incorrect.
I don't know syntax very well...
Don Almost correct.
I would say the initial conditions is LaguerreRSI(prev 1 or 2 bars) < 0.15 and LaguerreRSI(current) > 0.15.
Once the initial condition is met, then a state is maintained for this condition being met until another condition invalidates it.
It has not been discussed much as to what conditions would invalidate it.
I would think that it is invalidated sometime before the LaguerreRSI sets a sell signal.
For example, Don, if LaguerreRSI reaches 1.0 (at the top), long after it crossed up over 0.15, and all the other signals just lined up for a buy, would you initiate a buy? Or same situation except the LaguerreRSI almost reaches 0.75 (but not quite) but is now heading back down and all others trigger a buy signal? The reason I'm 'picking on' LaguerreRSI is because its not as clear cut as some of the other rules.
I_trend is easy, it is in an either or state; one line is above the other.
Juice is either red or green.
SHI_channel is either heading up or down.
But the rule for LaguerreRSI is a cross-over rule and possilby contains some gray areas of decision.
I'm curious as to how those gray areas are being handled in the combined indicator or the experts.
Another discretionary or gray area is how long does one allow between the separate triggers for a buy (or sell) before its considered too late.
You know what Mark Fisher says about time? It is at least as important as price, if not more.
He says traders concentrate on price (or indicator values) and miss the importance of time.
He likes to say that he is in for immediate gratification :).
ie, if the trade doesn't pan out in X minutes, he is out of the trade and looking for the next opportunity.
He is not going to waste his time on dead or bad trades.
perky_z oh my god! I go to sleep and wake up and there 5 or 6 more pages here This system must be good I might try it myself - just joking...
well today i finished yet another indicator not the super indicator but...
I still feel eyes are better than indicators..
I made the mistake of posting the fxovereasy (psar entry) too early because it has been cobbled up as soon as I posted it..
so I need to test the new one..
i will monday tuesday as you know I am demo testing it next week but it look promising I had this system in my head and trried to put it on paper and the explaination is becoming clearer Fxovereasy should now speak!!! yes no more "ok" ing alerts it speaks alerting you of a trading op and can be switched on or off As to Perkyasctrend that was MY conversion of the mlqII version and is now redundant..
Im seeing things in the system i never saw before and I thank you all for your input..
Last week we had 50 pairs of eyes looking for indicators and giving opinions - Great work.
By law I cannot give calls of trades so puppet traders please dont ask all I will do is teach you to think for yourself.
see you all monday!!! perky_z Originally Posted by hambalan before anyone ask why change gamma of Lguerre, herewith a comparsion.
The difference may not seem great, but it does cut out the lag of LG and the crossover of LG over the .15 and .75 lines usually occur 1 or 2 bars earlier (it does make a differnece if you trade this system).
FYI, gamma for the first and second LG is set at 0.6 &amp; 0.7 respectively.
note Univertity tests prove the original laguerre is the optimal setting thanks for your chart comparisons and on the o.6 version i see false signals creeping on so be warned because looking on a chart all trades are easy to pick but when you are on the "hard right edge" deciding to make a trade things can be different..
remember : "we are keeping our pips while all around us are losing theirs" Hi guys, I'm not a programmer by trade but I do have some experience in C, Basic and Macromedia ActionScript.
Anyway, I've been playing around with the FXOverEasy1 EA and made some minor modifications.
The first thing I noticed (as mentioned by davidwt and others) was that the entry conditions weren't set up correctly.
Saying that Laguerre is greater than 0.15 (buy) or less than 0.75 (sell) isn't sufficient enough.
As you know, we need to look for a crossing of the threshold.
This is very simple to code by defining two variables, for example Laguerre1Current and Laguerre1Previous...
Code: double Laguerre1Current=iCustom(NULL,0,"Laguerre",0,0); double Laguerre1Previous=iCustom(NULL,0,"Laguerre",0,1); The last parameter in the iCustom call sets the bar to use.
A 0 calculates Laguerre for the current bar, while a 1 shifts the time period back a bar.
To check for a crossing of the 0.15 threshold (buy) we can use: Code: if(Laguerre1Current>0.15 &amp;&amp; Laguerre1PreviousPage 9 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 &gt; Can I make a suggestion? Since so many people are downloading teh different indicators and since a few people are programming, can we change the names of the indicators to make it easier to keep track? My suggestion would be to name them: Example: OEitrend827a OEacstrend827a OElagurre827a OEshichannel827a etc.
now if someone else modifies it today, they would change the name to OEitrend827b, or OElguerre827b etc.
The 827 being todays date.
Now if someone modifies it tomorrow, i'tll become OEitrend828a or b or c or d depending on how many times it gets modified in one day.
Does this make sense? Can we or someone decide what the most current indicators are and post them as the new names? I really think it will cut down on the confusion and help even the programmers keep track.
don_forex Originally Posted by sapper Hi guys, I'm not a programmer by trade but I do have some experience in C, Basic and Macromedia ActionScript.
Anyway, I've been playing around with the FXOverEasy1 EA and made some minor modifications.
The first thing I noticed (as mentioned by davidwt and others) was that the entry conditions weren't set up correctly.
Saying that Laguerre is greater than 0.15 (buy) or less than 0.75 (sell) isn't sufficient enough.
As you know, we need to look for a crossing of the threshold.
This is very simple to code by defining two variables, for example Laguerre1Current and Laguerre1Previous...
Code: double Laguerre1Current=iCustom(NULL,0,"Laguerre",0,0); double Laguerre1Previous=iCustom(NULL,0,"Laguerre",0,1); The last parameter in the iCustom call sets the bar to use.
A 0 calculates Laguerre for the current bar, while a 1 shifts the time period back a bar.
To check for a crossing of the 0.15 threshold (buy) we can use: Code: if(Laguerre1Current>0.15 &amp;&amp; Laguerre1Previous.15 and lrsi(previous)previous and current > .15 Just my two pips worth, Don Originally Posted by don_forex You can't just say lrsi(current)>.15 and lrsi(previous)previous and current > .15 Just my two pips worth, Don Don, I know what you're getting at, but this method works.
Don't ask me how but I think it may be the way MetaTrader uses period data to calculate current and previous levels.
Anyway, it's crude and I'm not happy with it in this form.
However it does give me the following results: (Mini account, 200:1, 1 lot trades, GBP/USD, S/L=15, T/P=20, 300 start balance) #TimeTypeOrderLotsPriceS / LT / PProfitBalance12005.08.23 23:18sell10.101.80031.80181.798322005.08.24 03:42t/p10.101.79831.80181.798318.43318.4332005.08.25 02:51buy20.101.80031.79881.802342005.08.25 03:10t/p20.101.80231.79881.802320.00338.4352005.08.25 16:24buy30.101.80241.80091.804462005.08.25 17:13t/p30.101.80441.80091.804420.00358.4372005.08.26 04:27buy40.101.80111.79961.803182005.08.26 06:16t/p40.101.80311.79961.803120.00378.4392005.08.26 15:09buy50.101.80601.80451.8080102005.08.26 16:24t/p50.101.80801.80451.808020.00398.43 Looks nice, but it starts to fail if you go any further back than the indicators draw.
Difficult to develop too, as you can't really do a visual check more than 3 days ago.
What I'd like to do is make it identify a buy/sell signal for each indicator, then if they all agree within a certain timeframe an order is placed.
Nothing difficult, but it does introduce another variable into the equation.
How long do you wait for everything to line up before entering a trade? 1 Attachment(s) We must be onto something.
The rate of growth for this thread is just unbelievable.
Sorry, guys, today is Sunday and need to spend some time with the family.
Hopefully, will be able to find some time to go over the OverEasy-related issues later tonight.
To keep the momentum going, herewith the "ASCTrendK" indicator for anyone who like to try it.
If you look back a few pages, you'll realize that it is identical to some of the ASCTrend indicators around, but the presentation is different, ie.
instead of arrows or dots, the indicators itself is incorporated within the price bar.
For a graphical comparison, see my previous post #334 on page 42.
Enjoy your Sunday, and see you guys later :) Regards to everyone, Hambalan Originally Posted by perky_z oh my god! I go to sleep and wake up and there 5 or 6 more pages here This system must be good I might try it myself - just joking...
well today i finished yet another indicator not the super indicator but...
I still feel eyes are better than indicators..
I made the mistake of posting the fxovereasy (psar entry) too early because it has been cobbled up as soon as I posted it..
so I need to test the new one..
i will monday tuesday as you know I am demo testing it next week but it look promising I had this system in my head and trried to put it on paper and the explaination is becoming clearer Fxovereasy should now speak!!! yes no more "ok" ing alerts it speaks alerting you of a trading op and can be switched on or off As to Perkyasctrend that was MY conversion of the mlqII version and is now redundant..
Im seeing things in the system i never saw before and I thank you all for your input..
Last week we had 50 pairs of eyes looking for indicators and giving opinions - Great work.
By law I cannot give calls of trades so puppet traders please dont ask all I will do is teach you to think for yourself.
see you all monday!!! It is horrible if someone tries to keep update with this thread.
Now it is almost 100 post / 24 Hr.
Great ........
Can some one make a backup this thread for future ?? For perky_z : 1) Will you offer us another indicator ? Is it additional one or replaced by one ! 2) Donaltion 1 pip : At your web can you add more option i.e.
Bank Wire !!! Because of some Geographical region are not listed by paypal.
WBR / GKBRIA DavidWT Nice seeing you again (after the references on metaquotes.net).
My package (FXOE.ZIP) does the the signal correct now (it has a parameter to define how long the Laguerre crossing stays valid ...
default 3 bars).
The initial version of the backtest had this not entirely right and I yesterday reposted it in a way that checks the crossing).
I found a bug in my own package regarding this yesterday and will fix this in the backtester EA also and repost it today.
Btw, it was using this code: // must be checked after AscTrend(!) double Laguerre1=iCustom(NULL,0,"Laguerre",0,0); double Laguerre2=iCustom(NULL,0,"Laguerre",0,laguerrelag); This is okay if the laguerre was below the level for some time and then comes up (makes it valid for "laguerrelag" bars) but delays the signal if the value just dipped below the 0.15 level for one bar and then comes back.
As said, I'll fix it today.
Markus Fxovereasy System - with BGX, fractals&nbsp; 1 Attachment(s) Hi gyus, I keep an eye on this thread from the beginning and have to say thank you all for your enthusiasm and effort of contributing here.
Especially all coders here did a pretty good job.
What amazed me a lot and what I use now more is SHI channel.
Such easy thing! But it improves my trades a lot.
Maybe I was too lazy to draw all that trend channels before.
:D So thank you for reminding to me ;) I hope that you will tweak it to stage, there you will have only one indicator, but for me and for some advanced traders, they will use other things, because of their experiences.
See attachement.
I trade now 3 systems modded from fractals, BGX and now with FXOE.
It does great job to confirm each other and give better perspective if enter or where jump off.
And one more hint: I watch 4hr and D and with few FXOE indicators, its easier to be "in" and know where is market moving.
Good luck and happy trading to all.
See you...
Originally Posted by kmrunner Can I make a suggestion? Since so many people are downloading teh different indicators and since a few people are programming, can we change the names of the indicators to make it easier to keep track? My suggestion would be to name them: Example: OEitrend827a OEacstrend827a OElagurre827a OEshichannel827a etc.
now if someone else modifies it today, they would change the name to OEitrend827b, or OElguerre827b etc.
The 827 being todays date.
Now if someone modifies it tomorrow, i'tll become OEitrend828a or b or c or d depending on how many times it gets modified in one day.
Does this make sense? Can we or someone decide what the most current indicators are and post them as the new names? I really think it will cut down on the confusion and help even the programmers keep track.
That's a very good idea Kmrunner- I hope that all the fantastic programmers out there take this into account as this thread will soon be reaching 1000 pages very shortly and will be very difficult to keep track.
John_M Hi all..
Have been reading and following Perky's system since she gave it the go ahead.
What I am seeing now is people trying to improve the system to where it no longer has the same characteristic's...this is minimal losses and a good win/loss rate.
In my opinion if improvements are to be made it should be in achieving an entry where the possiblity of getting a price run of say 20pips increases, if this means only one trade a day so be it but looking to enter quicker only increases the risk that the price wont continue to run ..similar to trying to pick the bottom of a price move.
Getting an alert is great as the system requires plenty of screen time.
( just an opinion ) regards John 1 Attachment(s) Hi Giotto, Wonder why my wma100(apply to close) is not same as yours on the eur/usd 15mins time frame chart.
Why??:confused: Thanks OKL John_M What you say is true.
This method had as its original objective as a way to make money in the forex market trading the aussie dollar.
It has been taken by others and poked and prodded in an effort to apply it to other currencies and see whether it can be improved.
Now whether that improvement ultimately means more profit but less winners, we do not yet know.
It may mean nothing at all.
There are a lot of people who would say, if it is not broke why fix it.
Testing, dismantling and reassembly in another form is not necessarily a bad thing............it is this thought process that has taken us from the days of the horse and buggy to the modern world of today.
One has to admire those who can think "outside the square".
I admire perky_z for her method and what it has produced.
The fact that she has shared it with other members voluntarily is more than generous.............many thanks perky.
The discussion contained within this thread does not mean one has to alter anything on what was first presented to us as the method by perky.
I admire the coders, it is beyond me, but I appreciate the fact that they too share their work with us.
Thank you.
Let's see where this takes the method.
Some of us may never change from the original version, but who are we to stop others accepting something different.
I am sure perky knew when she released this to the forum members that people would look at it, pull it apart and maybe change it.
Roll on Monday.
regards okl My 100 wma is like yours.
It may be a different data feed.
My MT4 was downloaded from metaquotes web site and my server says Metaquotes Software Corp.
Regards Originally Posted by foroz okl My 100 wma is like yours.
It may be a different data feed.
My MT4 was downloaded from metaquotes web site and my server says Metaquotes Software Corp.
Regards oh i see, i check with FX PowerChart and has the same 100wma slope.
So Giotto has better data feed, which seem to be important ? regards is it just me but ASCtrendK does not work for all my charts (majors) the indicator does not show at all it seems buggy...just wondering why actually it now appears to be working scratch the previous the post :) Originally Posted by don_forex Let's put it this way, I am 100% when I follow the rules.
As you can see from my previous post, the last two days of trading resulted in 16 for 16 trades! Follow the Rules! Don Thanks Don, exactly what I wanted to hear.
Originally Posted by okl Hi Giotto, Wonder why my wma100(apply to close) is not same as yours on the eur/usd 15mins time frame chart.
Why??:confused: Thanks OKL Sorry OKL, but its my mistake.
All 5&amp;20&amp;100wma are taken from 30min because of BGX, so on 15min its 10&amp;40&amp;200.
Sorry for confusion.
Originally Posted by Giotto Sorry OKL, but its my mistake.
All 5&amp;20&amp;100wma are taken from 30min because of BGX, so on 15min its 10&amp;40&amp;200.
Sorry for confusion.
No problem, thanks! :) Here is all the expert advisors and indicators (related) so far.
http://www.strategybuilderfx.com/fo...4&amp;postcount=238 which is where I posted the original expert.
Now I am keeping it up to date as to the status of the expert(s) and indicator at least plus the rules are there in plain english as I understand Perky and is used in the expert advisor.
Maybe this will slow down the growth of this Thread a bit :eek:.
Ok Today I am going to pick one of these experts (after extensive analysis) with some modifications (ofcourse) and run it in demo.
If I become a millioneer I might not share my results, haha, just kidding :D.
ps.
I never said there was a bug in Laguerre.
don_forex Shahin, What do you think of the programming suggestion I provided concerning the laguerre? Don Don that might be a good thing.
But I don't know for sure.
I (or anybody else) would have to put that change in and run analysis (backtest or demo).
BTW you said (I hope this is right): current>previous and current > .15 don_forex Originally Posted by Shahin BTW you said (I hope this is right): current>previous and current > .15 Yes...
and the same would be true for a sell signal...
current=0.15) { LaguerreSignal= 1; // LONG LaguerreSignaltime= Time[0]; } else if (Laguerre2>Laguerre1 &amp;&amp; Laguerre1.75 to Laguerre2>Laguerre1 then just compile it...
Don Ganja-Man 1 Attachment(s) hey we cant make a long backtest to the expert , the i_trend is only since 24.08 on 15 min chart .
i did a test from 24.08 till 26.08 and got 5 from 5 on gbp with 30tp, 20sl , 20ts but still it isnt done yet on the backtest of eur the expert went long but the Juice was still red and it didnt took some good short i dont know why .
All times are GMT.
The time now is 15:14.
Page 10 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 &gt; Show 40 posts from this thread on one page Powered by: vBulletin Version 3.0.7Copyright &copy;2000 - 2005, Ltd.
I think they only when long because you only trade in the direciton of the channel.
Ganja-Man, As Jesse said, the trend for GBP last Friday is still up, thus you are not suppose to go short.
Don, care to comment on trades 1 &amp; 2 (and others if appropriate) vis-a-vis my analysis on #400? Thanks.
Ganja-Man 10x i c that FXOE-iTrend is complete i mean it not only since 24.08 so we can make a longer test i just renamed the file don_forex Originally Posted by hambalan Don, care to comment on trades 1 &amp; 2 (and others if appropriate) vis-a-vis my analysis on #400? Thanks.
I wish I could...
I have a hard time remembering the exact details that caused me to get into the trade.
You must have a memory like an elephant!:D Don @hambalan Many thanks on the comparism ...
it's most valuable! The differences in Lauguerre between backtest and realtime may be that the historic Laguerre is computed on the Close.
If there was a much higher/lower price (trails on the candles) it may have made the cross in real time but took it back on closing the candle.
(I think this could be verified when looking at the candles ...
and we'll have to see in live trading if the Combo indicator does the same (generate a signal bar and then take it back)).
Markus @Ganja Please look at the FXOE archive on page 44.
It correctly displays all history on these indicators.
(The originals have input parameters to extend the history (AllBars, ....) but original AscTrend produces Junk output when going higher than 500).
Also in that package is a SHISlope indicator which shows which direction the Channels were pointing at any time.
Markus @Don, Jesse Originally Posted by don_forex All I did in the EA was change the line from Laguerre2Laguerre2 Laguerre2>.75 to Laguerre2>Laguerre1 Be careful with that mod.
Together with the LauguerreSignalValidity of 45 minutes the sig may reach well into the overbought/oversold area.
I'd use a setting of 15 with that version and even a limit like Lauguerre10.5 to just catch the lower/upper half of the level.
Markus Shahin - regarding your question to bolt1 which I don't think anyone else has checked.
Originally Posted by Shahin 2) About exit rules: I don't see anywhere here http://fxovereasy.atspace.com/TheSystem.html (Perky's website) that exit on channel touch.
So show me if I am incorrect.
From the website - note that Perky has now moved the website to http://fxovereasy.50webs.com/Home.html so make sure you change your link, though the same system applies on each: "The second is La Guerre.
When the La Guerre line crosses down through .75 line (top line) look to sell.
When the line crosses up thru .15 line (bottom line) look to buy.
If Juice is still green leave trade to opposite side of channel if it is red then exit trade when La Guerre line reaches its Mid line (.45)." 1 Attachment(s) Could someone help me get the backtesting working.
I have dropped all the indicators on my charts a millions times.
iFxovereasy12 is on the top too.
Everytime I click start it does nothing.
See attachement..
Where have I gone wrong ? Thanks Benos Ganja-Man 1 Attachment(s) nice move on the night i closed half with +30 and started a traling stop 15 Originally Posted by gado Could someone help me get the backtesting working.
I have dropped all the indicators on my charts a millions times.
iFxovereasy12 is on the top too.
Everytime I click start it does nothing.
See attachement..
Where have I gone wrong ? Thanks Benos Benos, try checking the "Recalculate" box.
Maybe you have no data downloaded from the server.
Or have a look in History Center under Tools.
Also make sure that the Expert is in the expert folder and the indicators are in the Indicator folder (which is in the Expert folder).
Gado, There is an extra m after the symbol pair name on top left of your chart - (I think is the problem).
Reload chart (make sure that m doed not show.
No need to drop indicators in chart.
Just run the strategy builder.
You might have to clean the directory under MetaTrader 4/history/, if all else fails.
Good luck, Shahin Ganja-Man, I don't see the expert advisor smily face on your screen shot.
Is the expert doing the trades or you? I am assuming you are demoing.
1 Attachment(s) Ooookaaay ...
Here is Version 0.52 of the indicator set.
See the version history for changes and try the new stuff if possible.
If you have problems with this archive, please roll back to the version on page 44 of this thread.
Picture has been resized, click for full size pic Version History: V0.50 - Initial set of indicators with FXOE-Combo V0.51 - Breakout markers missing from SHICHannel.
- SHIChannel descriptions on upward channels fixed (upper/lower was swapped) - Signal was sometimes delayed by 2-3 bars - Display error in LaguerreRSI (than to hambalan for spotting this) - Some additions to this document V0.52 - Laguerre renamed to LRSI - Histogram version of ITrend - Display bug in AscTrend fixed (multiple signals when running in real time) - Combo indicator with options for SignalLevel and AscTrend support - Template adjusted - Some additions to this document Enjoy Markus .
May be this will help.
I have been testing and re-testing.
Also according to www.metaquotes.net there is less noise in longer time frames.
So I am doing all my strategy building in 1-hour.
If it works then it might work in 15-minutes, not otherwise and that is for sure :cool:.
I still have not made up my mind what version(s) I am going to demo.
Ganja-Man hey it made manually , as i said the expert isnt perfect yet, its very nice system and the expert dont count all the indicators .
but i'll run the expert also ..
:) thanks mate @all One thing that occurred to me for all who are doing the forward test in real time: Have a look at the Combo indicator level.
Maybe the level can signal the exit also (when the triggers eventually fall away).
Happy pip piping :D Markus Dan S Originally Posted by Shahin May be this will help.
I have been testing and re-testing.
Also according to www.metaquotes.net there is less noise in longer time frames.
So I am doing all my strategy building in 1-hour.
If it works then it might work in 15-minutes, not otherwise and that is for sure :cool:.
I still have not made up my mind what version(s) I am going to demo.
Be awar that Juice is ONLY working on 15 min.
no other time frame.
Originally Posted by Dan S Be awar that Juice is ONLY working on 15 min.
no other time frame.
Thanks for the heads up.
Well I just had look at the code.
It will work on other time frames too.
Plus I have been using 1hour timeframes for the whole time I wrote the expert and I kinda checked the values of all these indicators.
@Shahin The 4 pips threshold is aimed at volatility in the 15 minutes chart.
Markus It might still work fine.
Anyhow that is one of so many custom indicators.
Maybe iATR is better than Juice (I don't know yet).
Can not make up my mind with all these testing with various versions and pair.
I need to write a system for MT4 to keep all this test results together (I wrote one for mt 3.XX) and automate the testing.
Or maybe I breakdown and demo in 15min :confused:.
Originally Posted by Shahin Gado, There is an extra m after the symbol pair name on top left of your chart - (I think is the problem).
Reload chart (make sure that m doed not show.
No need to drop indicators in chart.
Just run the strategy builder.
You might have to clean the directory under MetaTrader 4/history/, if all else fails.
Good luck, Shahin The small "m" means it's a mini account.
The face should be smiling in the top right corner.
I'd removing it from the map, recompile it, and then attach it again.
Good luck....
1 Attachment(s) It seems my problem is something to do with history data.
I even reinstalled the app over the top to no avail.
Heres are the errors...
In the 'Tools' menu go to 'History Center'.
Select your currency pair and then double click the period you want to retrieve.
You should see a long list of data fill the window.
Now when you go back to run the Expert make sure you have 'Recalculate' checked.
You should see the program retrieve 1 minute and 5 minute data while using 15M data.
Originally Posted by gado It seems my problem is something to do with history data.
I even reinstalled the app over the top to no avail.
Heres are the errors...
Gado, I think the issue actually lay in Metatrader's inability to use data for the Mini account.
From what I see, the Backtester is looking for USDJPY whereas the mini account currency pair is actually USDJPY m Cheers I loaded all the data under the history tab and now dont get any errors but when I click the start button it does nothing.
Even with the recalculate on or off..
Cheers Benos anyone else take a loss tonight on USD/JPY? The channel was down when I entered my sell position and of course now it shows a flat channel.
It seems the market usually goes in a certain direction for the first few hours after it opens then reverses.
I should have remembered that and not entered into the trade :( Rastarr, Thank You ...
Is seems that was the problem.
Thanks to all those who helped.
:) All the back testing I've done so far seem to fail miserably.
What model should I be using any way ? Regards Benos Gado.
I have no idea what happens to mini account in strategy tester.
My suggestion is open a regular account for demo.
I know I had the Advisor hardcoded to trade 1 lot at a time.
No money management.
So maybe that is the problem.
I like red wine :p.
Dang I know now why I like red wine.
In some of my backtest (and this used to happen with 3.XX stop/limit orders): This stratedy tester gets in and out of 27 trades in the same minute.
Well I say that is a bug if I ever saw one.
I don't like it I say.
Originally Posted by UncleJesse anyone else take a loss tonight on USD/JPY? The channel was down when I entered my sell position and of course now it shows a flat channel.
It seems the market usually goes in a certain direction for the first few hours after it opens then reverses.
I should have remembered that and not entered into the trade :( hey jesse i got in on that trade once i hit +15 pips i got out and went to bed :) sounds like you slept on it and woke up to different situation...these things happen Fxoe+acd+bgx&nbsp; 1 Attachment(s) As mentioned in the chat room, this is a how FXOE+ACD look like In between Open range is the netural zone.
If price makes an A down , we have a bearish bias.
But we not going to take this Adown because pivot range top is just below it which is acting as support.
High risk, no much room to move.
And also wma200 acting as support.
@okl what kind of indicator or indicators (where to download) is doing the level stuff inside your window? Thanks! Markus Originally Posted by Shimodax @okl what kind of indicator or indicators (where to download) is doing the level stuff inside your window? Thanks! Markus Hi Shimodax, this is ACD indicators by CrushD, you can find it at ACD method -FAQ thread, look for MT 4 indicators.
http://www.strategybuilderfx.com/fo...ead.php?t=15052 Regards okl Originally Posted by okl As mentioned in the chat room, this is a how FXOE+ACD look like In between Open range is the netural zone.
If price makes an A down , we have a bearish bias.
But we not going to take this Adown because pivot range top is just below it which is acting as support.
High risk, no much room to move.
And also wma200 acting as support.
Same setup when i look through eur and chf, price stalled/bounced at the level....
help to determine the risk of the trade.
of coz if the sell/buy signal is far away from the s/r area, there will be more room for the price to run...u would take up the trade....
just my 2 pips and i love Perky and her FXOE! What is the link to the chat room you guys are in? Like to join.
Tks Poekmeister.
official homepage:http://fxovereasy.50webs.com/Home.html chatroom:http://www.freejavachat.com/chat.php?chan=fxovereasy mart_hart 1 Attachment(s) What I do not understand about the SHI is looking at to days cable, it is in an uptred (Red Lines) although SHI has it as a downtred.
It will be interesting to see how this plays out :confused: Shimodax: Could you please program an alert in FXOE-SHISlope when slope changes from positive to negative an vice versa? Thanks! All times are GMT.
The time now is 15:14.
Page 11 of 19 &laquo; First &lt; 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 &gt; Show 40 posts from this thread on one page Powered by: vBulletin Version 3.0.7Copyright &copy;2000 - 2005, Ltd.
Its in a down trend becasue euro and cable failed to make new highs and now lower lows.
If the chart shows an up trend how long do you want it to last? Cant last forever.
Anway euro will be heading low this week 12100/ 12000 area before pulling up non stop for Xmas.
@mart The Shi-Channel is still a technical detection that relies on a certain logic.
It is basically based on the last two highs/lows and may yield odd results at times (or will offer some daring suggestions about new forming channels).
So keep in Mind that it's still a processor and not a neural network with billions of cells (aka brain :)).
Markus 1 Attachment(s) Two more losses today (3 in a row).
Anyone else get stopped out for GBP and EUR trade just now? Price just jumped down about 25 pips in a few minutes :( After what Mart_hart said, I was looking at Shi_channels and noticed a mistake but it seems to work ok, anyhow here it is: I am only looking at the first iteration of the Loop.
BFF=24 for 15min chart.
CurrentBar=2; Lowest(Symbol(),Period(),MODE_LOW,BFF*2+1,CurrentB ar-BFF So basically it is going to find the lowet price starting -22 periods ago (should be +22) for a lenght of 49 periods.
And I am not sure of it is going to future or past for this lenght (I think past).
If it is goes into future then backtests results are wortless.
Markus: Did you fix this in your version? How about source (if you like to share and have others critique it)? Two more losses today (3 in a row).
Anyone else get stopped out for GBP and EUR trade just now? Price just jumped down about 25 pips in a few minutes :( Unclejesse, how close are your stoplosses? What do the rules say? 1 Attachment(s) Hi today i traded the first time the system using the IFxOverEasy11 Expert.
Three trades in about 45 min.
All loss trades.
Currency was GPB/USD.
-45 pips 1 Attachment(s) Originally Posted by Shahin After what Mart_hart said, I was looking at Shi_channels and noticed a mistake but it seems to work ok, anyhow here it is: I am only looking at the first iteration of the Loop.
BFF=24 for 15min chart.
CurrentBar=2; Lowest(Symbol(),Period(),MODE_LOW,BFF*2+1,CurrentB ar-BFF So basically it is going to find the lowet price starting -22 periods ago (should be +22) for a lenght of 49 periods.
And I am not sure of it is going to future or past for this lenght (I think past).
If it is goes into future then backtests results are wortless.
Markus: Did you fix this in your version? How about source (if you like to share and have others critique it)? Ok, seems FXOE-ShiSlope is indeed a lookback indicator rendering backtests useless The gbp channel was all day in an uptrend, juts turned into a downtrend and the indicator erased the green lines and replaced them for red ones EDIT: it was in uptrend since 13:30 so there shloud have been 13/14 green candles until now that it turned into a downtrend A note to anybody testing fxOvereasy11 or fxOvereasy12 like >matrixtrader: Those system are more profitable if you turn the true/false "Use Ascent" to True.
Default=False.
It is not just backtest on the Shi_channels, it is that -22 value (it should not be negative at all).
>camisa, it seems like these indicators need good debugging/testing.
@Camisa Thanks for spotting this (I have not yet seen the shi channel and slope switch in real time).
Valid point (i.e.
problem) for manually (visually) verifying past signals ...
I'll look into this tonight! Btw, for the expert (ifxovereasy12.mq4) the backtest will work, because it reads the actual channel from the screen.
@Shahin No, I did not spot this.
I'll also have a look at it tonight.
I'll eventually release the source, but it's still tied into some other stuff of mine which I currently don't want to share.
Yes, this stuff needs thorough testing ...
:o Markus mart_hart Looking at the code , it seams it will only count a high or low when it has made a fractal.
So if there is a break through of the lines, it will not count it and re adjust until there is a slight re trace and a fractal is formed.
Am I on the right lines here ? Here is the code all in Englsh if it is any help.
This is the Barishpolets Channel.
#property indicator_chart_window #property indicator_buffers 1 #property indicator_color1 Red //---- Inputs extern int CalcBars=240; //number of bars counted.
0-all bars counted extern int BarsForFract=0; //bars of fractal's "shoulder" //---- Variables int B1=-1,B2=-1,UpDown=0,CurrentBar=0,limit,k,i,i2,NumBars; int BFF=0,ishift=0,LowBar,HighBar,BMax,BMin,start; double P1=0,P2=0,PP=0,Step=0,iprice=0,PMax,PMin,price; //---- Buffers double Buffer1[]; //+------------------------------------------------------------------+ int init() { //---- indicators IndicatorBuffers(1); SetIndexBuffer(0,Buffer1); SetIndexStyle(0,DRAW_ARROW,EMPTY); SetIndexArrow(0,164); //---- selections if (BarsForFract>0) {BFF=BarsForFract;} else { switch (Period()) { case 1: BFF=12; break; case 5: BFF=48; break; case 15: BFF=24; break; case 30: BFF=24; break; case 60: BFF=24; break; case 240: BFF=24; break; case 1440: BFF=12; break; case 10080: BFF=12; break; default: return(-1) ; } } //+---- return(0); } //+------------------------------------------------------------------+ int deinit() { for(k=0; k can you post a picture of your backtest? Mine only shows 4 trades were taken? Must be a problem with my settings on MT4 Sorry, I'm almost finished here, will probably do it tomorrow ...
but maybe you forgot to enable the "Recalc" checkmark.
Markus eur/jpy - asian session&nbsp; 1 Attachment(s) quite a risky trade.....so i would breakeven quick and has a tight stop loss....and take profit when hit pivot range top....
comments? Thanks okl 1 Attachment(s) Originally Posted by Shimodax @overgrowth @jtimm do you mean bars in both colors? (red and green together?) That's a bug.
Any way to reproduce it? Markus Hi, yes, see attached screenshot.
I'll try the new version, though...
Jan Problems with 0.54&nbsp; 1 Attachment(s) Hi Shimodax, in the attached screen shot you can see two problems: - FXOE_slope shows bar that are red and green at the same time - There is a green bar in Combo for buy, but the slope is down Jan mart_hart 1 Attachment(s) I have got 2 channels, The old SHI green one and a new one, Is it supposed to do that ? Hey Martin, tell me, what are the average like lines that change color on your charts? And thanks for the RSI tip on my blog - it really helped me.
mart_hart They are called Trigger lines and you will find them in the Yahoo group files.
Which is a 2 lsma's with spacing.
I have removed the expert from the charts and the extra set of Channels has now gone.
Originally Posted by danieltyrkiel Hey Martin, tell me, what are the average like lines that change color on your charts? And thanks for the RSI tip on my blog - it really helped me.
Whats your blog address? :) flyingmoney.blogspot.com Last night i had running the IFXOverEasy12 Expert on EUR/USD, GPB/USD, USD/JPY and USD/CHF.
There was one trade in the USD/JPY at 3:33 (European time) buy at 110.68.
The trades was finally closed by the SL at 110.89.
+ 21 pips.
And now something entirely different: A minister dies and is waiting in line at the Pearly Gates.
Ahead of him is a guy who's dressed in sunglasses, a loud shirt, leather jacket, and jeans.
Saint Peter addresses this guy, "Who are you, so that I may know whether or not to admit you to the Kingdom of Heaven?" The guy replies, "I'm Joe Cohen, stockbroker, of Noo Yawk City." Saint Peter consults his list.
He smiles and says to the stockbroker, "Take this silken robe and golden staff and enter the Kingdom of Heaven." The stockbroker goes into Heaven with his robe and staff, and it's the minister's turn.
He stands erect and booms out, "I am Joseph Snow, pastor of Saint Mary's for the last forty-three years." Saint Peter consults his list.
He says to the minister, "Take this cotton robe and wooden staff and enter the Kingdom of Heaven." "Just a minute," says the minister.
"That man was a stockbroker-- he gets a silken robe and golden staff but I, a minister, only get a cotton robe and wooden staff? How can this be?" "Up here, we work by results," says Saint Peter.
"While you preached, people slept; his clients, they prayed." :D Originally Posted by jtimm Hi Shimodax, in the attached screen shot you can see two problems: - FXOE_slope shows bar that are red and green at the same time - There is a green bar in Combo for buy, but the slope is down Jan I got the same problem.
The bars are red and green.
It seems to happen only in the EUR/USD.
@matrix, tjimm I think I found it ...
guess I'll have to change the formula yet another time.
I think I also found the slope (red/green) problem.
Will post the next release soon.
Thanks! Markus Ganja-Man 1 Attachment(s) another 2 trades Have been following this with greate interest, but find it very confusing as where we are with versions.
Can anyone please post the latest indicator set and template that work as the fxoe.zip file onle have the FXOE-*.ex4 files and need the *.mq4 file for each indicator.
Also the template file does not load any indicators when applied to the charts.
Appreciated Originally Posted by 4xtrend Have been following this with greate interest, but find it very confusing as where we are with versions.
Can anyone please post the latest indicator set and template that work as the fxoe.zip file onle have the FXOE-*.ex4 files and need the *.mq4 file for each indicator.
Also the template file does not load any indicators when applied to the charts.
Appreciated The .ex4 files work as .mq4 indicators so just copy them to the indicators folder and the template will load them The difference to a .mq4 file is that the programming code is locked by the programmer Have copied the indicatorsto the required location and even after two restarts of mt4 they are still not available in the indicator list, this being the reason I thought I need the other file.
Thank you, will leave it a while and see if it loads.
The same happened to me in my computer at home I solved the problem by instaling MT4 again Thank you, will try this as I still do not have the indicators available in my list.
It even disapear after pasting them into the folder.
2 Attachment(s) NEW VERSION 0.55 V0.55 - Combo formula change yet again - two colored values in Slope History Pleaes have an eye on the Combo signals in relation to the other signals.
Don't trust or trade Combo alone yet.
Thanks! Markus Ok, reinstalling MT4 sorted the problem thank you.
Originally Posted by mart_hart I have got 2 channels, The old SHI green one and a new one, Is it supposed to do that ? i have this too.
is this already fixed? shimodax thank you for the new version.
The new version (0.55) should fix the double colored slope bars.
If it still happens there, please send a screenshot and possibly how to reproduce it.
Markus Hi there, I did a little paper (==computer screen) backtesting of the system based on Shimodax latest version (thank you again).
It is obvious that the potential trades look different when viewed on a history than in real time but I tried to be as much realistic as possible.
I used hipothetic 20 pip stop and when it was hit the trade was over (==LOSS) even if eventually the price went in the correct direction.
It is also a bit hard to imagine how did the channels look like at the time of entering/exiting the trade however the FXOE-Slope indicator helped.
I also considered some trades as "neutral" - this means that I thought I would be able to exit with minimal loss or minimal profit (for example based on the rule that when Juice gets red and La Guerre crosses .45 we exit).
The entry decision was based totaly on the Combo indicator with two versions - using ASC Trend and not using it.
Having said all this, here are the results (approximately from mid-August till now- as far as the history on 15 min.
chart allows): 1.
USDCHF With ASC: 6 Wins/3 Losses, win rate: 66.6 % without ASC: 7 Wins/7 Losses, win rate: 50 % 2.
GBPUSD With ASC: 10 Wins/3 Losses, win rate: 76.9 % without ASC: 12 Wins/5 Losses, win rate: 70.5 % 3.
EURUSD With ASC: 9 Wins/2 Losses, win rate: 81.8 % without ASC: 11 Wins/6 Losses, win rate: 64.7 % So it looks that it is safer to enter with ASC Trend option enabled.
And generally the system works quite well.
Jacek @jackap, all Thanks for posting the backtest results.
I've also run some automatically (not on many currency pairs) though.
August generally works quite well, and the backtest for August also indicates that the ASC signal is quite necessary (less signals, but better overall profit and winner/loser ratio.) But there are other months with drawdowns and especially the AUDUSD currency performs horribly (it's a mystery to me how the system is supposed to work there ...
[tested from May 1st to yesterday]).
The tests have been performed by iFxOverEasy12.mq4 and another expert based on my Combo indicator (enter trade when level reaches 8).
Results between the two differ slightly [the first uses intrabar decisions, mine did end-of-bar trading] but were generally not far apart and in no case provided an entirely different picture.
I leave it up to everbody to do their own tests and/or draw their own conclusions.
But my conclusion is that the August results can not be generalized.
If I were asked to make a recommendation, it would be to use this thing with papertrades, demo cccounts or min lots for at least two months before putting serious money into the trades.
As said before, I don't want to devalue the system and also don't want to prove anybody wrong.
If it works for Perky and everbody else, that's fine.
I just don't think it will work for me and I am just sharing the results of my personal DD.
The system may be valuable as a tool to assist discretionary trading, it's beyond my imagination how it would could produce long term profit when relying purely on the rules.
Markus hi @all and many thx to perky for sharing this sytem! markus, i've made a test with the shi channels and there have appeared two different channels in eur/dol gold -> your channel green -> perky channel Picture has been resized, click for full size pic oops and now they are equal again red -> the talking channel by perky Picture has been resized, click for full size pic it's your version 0.53 i'm testing Wow ichimoku...trendlines..and a million of oscillators..reallz that necessary? :rolleyes: hi wolf, it's only testing mode not trading mode.
;) :rolleyes: :) @fxtr Shahin had found a but in the SSH-Channel source with was fixed in our 0.53 version.
Unfortunately I still don't have a very good understanding about how SSH-Channel works ...
the two versions (in the picture where they differ) make both sense (one uses upper fractals (turnpoints) to define the trend, the other uses lower fractals).
I'm not sure what determines which of the fractals will be used or how exactly this occurs, but the difference is somehow related to the two rightmost bars.
The fix included, that in my version these are not taken into account when computing the channels (the original implementation looked like it was designed to exclude these also because they are only used to indicate channel breakouts).
In a nutshell, what I'm saying is that I fixed something (according to what Shahin pointed out) that definitely looked wrong and that may result in the difference.
I can't say for sure, but the automated backtests I made with my system and the original did not yield any substantial differences, so I guess it's not really relevant (maybe my version no switches faster to the new channel ...
but I'm not sure).
Markus i understand.
thx shimodax.
"maybe my version no switches faster to the new channel ...
but I'm not sure." in this case or pictures your channel switched faster in the new direction.
but i have to say i have to better understand the way this system works because i found it firstly last weekend.
so it's to early at this moment to pass sentence on it.
but it looks great and promising.
Originally Posted by Shimodax I leave it up to everbody to do their own tests and/or draw their own conclusions.
But my conclusion is that the August results can not be generalized.
I looked a bit more into the history and noticed that really bad trades happen when Laguerre crosses .15 or .75 without having completely reached "top" or "bottom".
Also when Itrend is almost 0 for some time.
So my hope is that the trades which would have been made according to Combo indication could be improved (means avoided) if you look at how this signal has happened.
Jacek wow, 65 pages in this thread.
Im trying to see where we are at - if we do not have an ea yet, i will try and create one.
I have only been playing with MT for 1 week, written a few basic systems, but been programming systems for a few months on vttrader.
I like what i see in this system so far and the methodology behind it.
I will have a go at doing a system this weekend - as the indicators are all there it sholdnt be that hard.
Ok done some more reading seems like there is an old expert floating around.
If anyone knows of an expert based on the original set of indicators, let me know so i dont waste time, otherwise i will try.
How are people backtesting if not with an expert..
manually? Just got your reply - thanks will do! cheers! great forum! @Pablo Check out the EA on page 49 and my indicators on page 63.
Markus i seem to be missing the shi_channel.ex4 indicator; any idea what set thats from ive downloaded all i thought i needed plus the originals.
is there any problem with the chat today?? haven´t been able to connect during all day!! thanks.
@pablo check it out here: http://fxovereasy.50webs.com/Indicators.html 1 Attachment(s) i got since 16:15 (european time) no shi-channel for the usd/jpy.
Neither with the FXOE-SHI Channel nor with the original shi-indicator.
Time frame is 15 min.
Here is the chart.
Thank you all.
All times are GMT.
The time now is 15:14.
Page 13 of 19 &laquo; First &lt; 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 &gt; Show 40 posts from this thread on one page Powered by: vBulletin Version 3.0.7Copyright &copy;2000 - 2005, Ltd.
hello Shimodax thx for your great work in this thread, please can you help me for the rules for buy and sell of your last version , i can see more than the standard indicators in your version ( slope, combo etc.) many thanks begu matrix trader, the channel is probably there, its just too large to see on your screen.
Try jumping around to different time frames to see if it shows up then.
@matrix There's probably currently no good points to create a channel from (size 0, slope 0) Markus @Begu Please see the first page of this thread for the rules.
Also, in my package is a PDF that describes all the indicators and how they relate to the original ones.
(Basically combo pulls them all together, level 6 should be a buy signal as per Perky, level 8 would be a buy signal and waiting for AscTrend to signal too).
Markus 1 Attachment(s) Originally Posted by UncleJesse matrix trader, the channel is probably there, its just too large to see on your screen.
Try jumping around to different time frames to see if it shows up then.
UncleJesse, in other time frames i have the channel.
But not in the 15 min time frame.
I don't think that the problem is the size of the channel because in the left corner of the chart there is the following information: SHI-Channel(240 bars): Channel Size = 0, Slope = 0.00 I don't know what the problem is.
Originally Posted by Shimodax @matrix There's probably currently no good points to create a channel from (size 0, slope 0) Markus Shimodax, thank you.
This could be the problem.
I'll wait the next hours to see what happens.
2 Attachment(s) New and probably last version.
Here's a new package.
Indicators are basically the same as in 0.55 ...
olny difference is a code snippet in the doc about how to build an EA from the Combo indicator (useful to programmers only).
If you're starting with this, please definitely read the first post on this thread and the PDF inside the archive.
Source code is provided inside the archive, the ex4 files were compiled on MetaTrader 4.00, Build 182 I'm also adding a package with Shahin's EA and all versions of the indies that he fixed and on which his EA is based.
They were renamed to XFE-* to stick together somehow.
This package was used for most of my backtests.
I provide them just as they are for anyone who may be interested (nothing really new to them, just put them into one place).
I guess I'll leave it at that for the moment.
Hope you find it useful.
Markus .
Regarding SHI channels - it seems that today, we've been locked out of loads of good trades because they were counter to the SHI bars - which eventually readjusted when it was too late.
It has been raised on chat that it may be worth looking at basing the SHI calculation on a shorter number of bars.
I assume that this may mean tweaking with the BFF's in the switch statement - where it's interesting to note that both the 15 and 30 min timescales both use BFF=24.
There again I could be totally wrong as I find these programs tricky to understand.
Perky did all her original testing on AUS/USD which doesn't really move too much during a given session - now we're trading the majors it's possible that a change to SHI could be a big improvement.
My only concern is that we'll end up tweaking SHI to fit today's market and screw up what was a really good day last Friday.
mart_hart How about 2 channels leave this as standard and have a short term channel.
It will be like having 2 time frame charts on display Shimodax, Thank you so much for your coding efforts! You've been a great help! I hope you (and me) can use what you coded to make many pips! Thanks! Kevin @matrixtrader i think i have the solution for your problem , power up "auto scroll" and the channel appears !! @Shimodax thx, i have found your description , sorry.....i didn`t read the full page of it .....sorry...
regards begu @Shimodax, May I express my sincere thanks for the coding your have done for the system.
It seems so long ago when you posted v.50 back on page 34 (in reality, just last weekend!).
No sooner after I have loaded a newer version, your produce another set.
So many people have roadtested the indicators and I hope that our time will not be wasted.
Yesterday was not a good day for the system, but how can we determine the profitibility of a system just by looking at a day's results only? I have no doubt that your work contributed a lot to the developement of Perky's system.
Yes, please give this a rest (at least for the meantime).
Give us some breathing space to continue our search for how best to utilize the various indicators (not to mention the new indicator(s) that Perky is testing / developing right now).
No doubt we'll continue our R&amp;D (or should I say quest) in the near future.
Once again, thanks.
Heres to more pips..........
;) :D :D ;) Thank you Perky, Shamodax and the many others who have contributed to this system and thread.
There is a lot of positive synergy going on here and it is refreshing to see so many folks excited and working together for a common goal.
:) @all Many thanks for the kind comments.
It has been a lot of fun to contribute the tools to the system.
Now give it a good testing (but initially don't use too much lots on it and see my comment about backtesting on the previous page).
I'm looking forward to see the further development.
Keep the pips rolling Markus Originally Posted by begu @matrixtrader i think i have the solution for your problem , power up "auto scroll" and the channel appears !! begu begu, auto scroll is already activated but i still have the problem.
I think the cause is as shimodax said that there's no good points to create a channel from.
If i change the bars to be considered from 240 to 270 i have a channel.
Thank you Hi Guys, first time on here.
I have played around with the Fxovereasy trading method and noticed a flaw in it.
I don't know anything about programming mq4.
When I setup Shi Channel I select show on M15 only and it appears on all time intervals???? When I try and delete it, it simply comes back moments later.
Anybody else have this problem?? Steve @wannabetrader You may want to check out my FXOE package (go back to page #66).
The SHIChannel indie there doesn't leave stuff around on the screen.
Markus Shimodax - thanks for the indicators.
One question - the I-trend presents itself in a histogram format (much like the juice indicator).
Where is the I-Trend where the red crosses the green? Am I missing something? Ganja-Man 1 Attachment(s) nice move , took manualy the expert is sleeping or somthing :) Hello all again, I am very concerned about what Shimodax wrote in his post #506 about longer term backtesting results of "our" system.
I think we really need to look back and see how it really was (maybe manually so that we can analyse why the properly signalled trades apeared to be the bad ones).
And perhaps we will be able to write some extra rules (filters) to improve the performance of the system.
If I can suggest something, this should be the main concern of this thread for now - without this it may end up with nothing serious.
As about me - I am not a very experienced trader - just half a year demo-trading but mostly searching for ideas :D .
So if there are some more experienced traders I would ask them to share their opinions about the reasons why some months are better (pure statistics?) , only together we can win! So please, more backtests! (I will try to do some work too, my problem is a bit slow computer so it is very hard to analyse far away history trades).
Jacek last night the thread was up tp page 68, now 54, am i missing something? yes Trevornd During the course of the day something has happened to the format of the threads where we now have to read the very first post at the top of every page and somehow they have changed things so that 68 pages became 54.
The last thread that I read this morning was on page 68 and that smae thread is now on page 54.
It's annoying to see the first thread on every page.
hope this new format is short lived.
Regards 1 Attachment(s) Re-Release: Here's the archive again, including FXOE-ITREND.EX4 (Trend as lines, rather than Histogram).
Markus I don't know what happend about that first posting, but the thread now shows 10 posts per page instead of 8.
Markus OK.
I have read now the whole thread!!! exeptional work you have done here.
great comunity!!! i'll post some coments once trading the system for a wile.
Mario Ok got it going with xfe version now and the indicators dont give an error anymore.
The results arent good though - is the backtesting of the expert flawed because of the channels? I assume it is working when running live on a demo account.
Thanks to all the great work done here.
My history was I had built my own system, and recently become disillusioned with it as month by month performance was not predictable.
I was integrating a signals service into it (proprietary), which has a proven history.
(www.fxtrendtrader.com).
But i decided to look for a new system.
So..
my question at this point is, would this type of system integrate well (theoretically, not technically) with a signals service based on fundamentals and resistance/support levels? I am relatively new to trading so i dont know if the two types of analysis can be used together - please excuse the naivete!.
perky_z Originally Posted by pablo2 Ok got it going with xfe version now and the indicators dont give an error anymore.
The results arent good though - is the backtesting of the expert flawed because of the channels? I assume it is working when running live on a demo account.
Thanks to all the great work done here.
My history was I had built my own system, and recently become disillusioned with it as month by month performance was not predictable.
I was integrating a signals service into it (proprietary), which has a proven history.
(www.fxtrendtrader.com).
But i decided to look for a new system.
So..
my question at this point is, would this type of system integrate well (theoretically, not technically) with a signals service based on fundamentals and resistance/support levels? I am relatively new to trading so i dont know if the two types of analysis can be used together - please excuse the naivete!.
this system must be learned i have had many people come in and expect instant gratification and dissapointment at seeing pips pass them by as they wait for a setup..
there is a chat room available from the home page and as we all trade the same system you will get advise ideas from other traders i suggest you demo the system for a month and then maybe if satisfied go live im trading it now and it looks good - i think the expert is flawed, but yes good advice and i would trade any system for at least a month before putting money into it.
Good work - see you in the chat room! so far, I have slept through the good trades and taken the bad ones :( Im at 0 wins, 3 losses this week :( Originally Posted by UncleJesse so far, I have slept through the good trades and taken the bad ones :( Im at 0 wins, 3 losses this week :( You know Uncle Jesse, I thought I was the only one who did that:) It's the key to my consistency! perky_z talking shi channels now says channel is narrowing channel is widening channel direction change get it while its hot http://fxovereasy.50webs.com/Home.html on the news panel on left.....
enjoy Originally Posted by perky_z talking shi channels now says channel is narrowing channel is widening channel direction change get it while its hot http://fxovereasy.50webs.com/Home.html on the news panel on left.....
enjoy Hi Could you give us an explination on how these new indicators work.
Thanks Gordon 15mins channel and 4hr channel&nbsp; 2 Attachment(s) @Giotto, as shown are 15mins and 4hr channel slope, using Markus's indicators.
Why we have different up/down channel on diff time frame? :confused: @Markus, i tested out on Perky's shi channel, no diff in the channel slope? hi okl, would you be so kind to explain what are those dark blue lines on 15min chart which you posted above (also the other lines beside shi channel), thanks.
Originally Posted by saintan hi okl, would you be so kind to explain what are those dark blue lines on 15min chart which you posted above (also the other lines beside shi channel), thanks.
Hi saintain, those are ACD indicator's lines, look for "ACD method - FAQ" thread for the indicators regards okl thank you very much.
Gosh, that's quite a daring way to draw a channel ...
software can be quite creative sometimes by sticking to the rules ;-) Markus thanks again for the system!!! its been a tough last few days loss 4 trades (not following rules and some fear) need to learn more discipline and patience....
sooooo much to learn :) The fear is a problem to those that dont have a safe exit strategy, and sometimes for those that have an strategy exits...:eek: Resuming, the fear follow almost of us in all live accounts, mainly if balance of aacounts dont suport medium-high risks...
RAFA Hi okl...
are you using this system too, together with the fx10minutes? RAFA All times are GMT.
The time now is 15:14.
Page 14 of 19 &laquo; First &lt; 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 &gt; Show 40 posts from this thread on one page Powered by: vBulletin Version 3.0.7Copyright &copy;2000 - 2005,  Ltd.Fxovereasy System&nbsp; http://fxovereasy.50webs.com/Home.html =) Anyone tried it? ---------------------------------------------------------------------------------- The System works off 15 min charts.
We are looking for 3 things ......
3 reasons to enter the market.
1.
DIRECTION.
SHI channels which automatically recalculate in real time gives us the direction we are going to trade.
If slope is down we are only looking to sell, if slope is up we are only looking to buy.
If the channel is thin (narrow) we dont trade .
If price falls outside the channel we dont trade(unless in a trade already) we wait for a new channel to form.
2.ENTRY/EXIT.
Remembering we ONLY trade in the given direction of the slope of the SHI channel!! The first indicator is normally I_trend (red crossing to top - sell , green crossing to top - buy) The second is La Guerre.
When the La Guerre line crosses down through .75 line (top line) look to sell.
When the line crosses up thru .15 line (bottom line) look to buy.
If Juice is still green leave trade to opposite side of channel if it is red then exit trade when La Guerre line reaches its Mid line (.45).
Perkyasctrend1 is for the weary and the last indicator to normally show Pink dot sell blue dot buy.
This indicator is not necessary for advanced traders.
Safety stops I use are 15 pips.
3.
VOLATILITY.
This last but not least indicator is called Juice.
Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green.
Indicators you can find here: Click Here Chart examples you can find here: Click Here don_forex I have been trading this system for a couple of days now.
Following the rules has resulted in 3 of 3 winners capturing 62 pips in 3 hours.
:D I didn't follow the rules and lost one trade for 14 pips.:( Ending balance was +$434.61 This was in one account.
In another account, I was 5 for 5 capturing 131 pips for $1085.33 following the rules.
Not following the rules, I was 2 for 3 capturing 1 pip for a total of $9.10...
Overall, I am extremely happy with this system.
I want to create a EA to trade this automatically.
If any one can help that would be great.
My skills as a programmer suck! The website has the indicators and the system on it.
www.fxovereasy.atspace.com Thanks!!:D :D Don Aren't these indicators only for MT4? So where are you trading it? MT4 data from most brokers is still just crud.
Sounds interesting when MT4 becomes reliable.
don_forex Originally Posted by traderone Aren't these indicators only for MT4? So where are you trading it? MT4 data from most brokers is still just crud.
Sounds interesting when MT4 becomes reliable.
Hi! Yes, these are for MT4.
I was (am) using Metaquotes.
I have recently started an Interbank FX demo account for the 2 pip spread on the eurusd.
So far, I have had no problems that I am aware of at this time.
I wouldn't know if I have had problems.
I have had good luck so far.....:) Don Originally Posted by don_forex Hi! Yes, these are for MT4.
I was (am) using Metaquotes.
I have recently started an Interbank FX demo account for the 2 pip spread on the eurusd.
So far, I have had no problems that I am aware of at this time.
I wouldn't know if I have had problems.
I have had good luck so far.....:) Don I'm afraid that Interbank's FX data for MT4 is very flawed.
Partial bars for Sunday and Friday and goofy stuff like that.
They admit that the data is flawed and they are working on it.
The best I have heard of so far for demo on MT4 is Alpari.
I think the system looks very interesting though.
Can't wait to start getting good FX data so we can really test some of these MT4 indicators and scripts.
Hey, thats really nice and good, i will work with it and report you feedback....
Cheers Viswa Is it possible to backtest this strategy:confused: don_forex Originally Posted by jimprice Is it possible to backtest this strategy:confused: I'm sure that it might be able to once a Expert Advisor is created.
Right now, no.
I am demoing it and I figure that the best way to test this system is to simply forward test it...
:cool: It may take longer this way, but, more realistic...
Don Sorry, New to MT4 --- How do i copy the indicators into the requisite file in MT4? Figured out how to place indicators in the indicator file...now how do i place them on a chart? Thanks don_forex What currencies are you trading? What did you do when not following the rules? Does anyone know anything further about this system and its' origin? It looks like it's re-named RSI and ADX indicators.
Is there any previous trading history? Do we know who set up the fxovereasy site mentioned by Ellie4? It looks like it is worth watching.
regards Sonvolt10 To load the indicators into MT4: C:\program files/metatrader4/experts/indicators You will then find them by going to Insert.....Indicators........Custom If you have metatrader open when you save them as above, you will need to close metatrader and re-open it for you to locate them.
Regards don_forex Originally Posted by foroz don_forex What currencies are you trading? What did you do when not following the rules? Does anyone know anything further about this system and its' origin? It looks like it's re-named RSI and ADX indicators.
Is there any previous trading history? Do we know who set up the fxovereasy site mentioned by Ellie4? It looks like it is worth watching.
regards I have been trading the eurusd, usdjpy, usdchf.
I haven't got around to looking at more, yet...
I plan to look at gbpusd, and eurjpy.
Might include a couple of others as well...
The main thing I did when NOT following the rules was trade against the SHI_Channel.
The other was, after closing a winning position, to open another position thinking I could get a few more pips...
Trust me, stick to the rules...:eek: :D Don Had you mt3 indicator? :rolleyes: don_forex Originally Posted by timz Had you mt3 indicator? :rolleyes: So far, I am only aware of MT4...
I suppose somebody could convert it back to MT3, I can't.
I don't know how...
Don fxovereasy site is not responding for me.
Anyone else? It seems to be on again and off again.
Must not be holding your mouth right.:) don_forex Originally Posted by davidwt fxovereasy site is not responding for me.
Anyone else? I was just on the site a minute ago...
Don ;) don_forex Try this address http://fxovereasy.atspace.com/ I know this works.
Don I don't have a problem getting on to the site.
The only thing is that Example trades 4, 5 and 6 do not bring up any charts but give me an error or return me to the home page.
Don_forex have you noted whether you have entered any trades after the price has crossed the middle SHI channel line? The most recent trade on the GBP (long) had the entry above the middle line of the SHI channel.
It was successful, but it would need to take into account the width of the channel to ensure that there was enough profit potential.
Thanks Ellie4 for drawing this sytem to our attention.
regards Don, How many signals does the system generate per pair per day? On what basis do you exit a poisiton? Does the dot indicate to buy/sell at the exact time it appears? Thanks Dan S I think the exit rules are pinned to the point on the site...
sonvolt10 One of the things you will learn when you watch the asctrend is that the ball can appear and disappear during the particular time frame you are trading, so I'd wait for the time period to complete.
The other thing I'd point out, that having used the asctrend ball in another method, the ball can change the candle it was on after completion of the candle! Of course it is too late if you have traded using the ball for entry.
There is another version of asctrend which has arrows instead of balls and this seems to be more stable.
Regards don_forex :D Originally Posted by sonvolt10 Don, How many signals does the system generate per pair per day? On what basis do you exit a poisiton? Does the dot indicate to buy/sell at the exact time it appears? Thanks Hi! I don't know how many it will generate.
It could only be one for all I know.
I would think on the pairs that do a LOT of trading like the usdjpy, you might get several opportunities.
Normally on the exit, you exit when the trade reaches the far side of the SHI_Channel.
The dot shows up at the close of a candle.
The reason the website says it is for the weary is just to let you know that you are ready for a trade.
It does not come on at the exact point you should enter a trade that I have noticed.
I would suggest to you that you reread the system and really digest the information.
That is the only way I was able to learn this system.
It is simply a matter of trading in the direction of the channel and then entering a trade on the conformations of the indicators.
:D Don don_forex Originally Posted by foroz I don't have a problem getting on to the site.
The only thing is that Example trades 4, 5 and 6 do not bring up any charts but give me an error or return me to the home page.
Don_forex have you noted whether you have entered any trades after the price has crossed the middle SHI channel line? The most recent trade on the GBP (long) had the entry above the middle line of the SHI channel.
It was successful, but it would need to take into account the width of the channel to ensure that there was enough profit potential.
Thanks Ellie4 for drawing this sytem to our attention.
regards Hi! I have had the same problems with the examples.
I have tried to email the website, but, I have not had a response yet.
As far as the entry, I guess that it doesn't matter where the price is in relation to the SHI_Channel.
I would still trade it if the indicators supported a trade.
If you are trading in the same direction as the channel then as time goes by the channel will continue to climb as well until such time that it is redrawn.
Don don_forex Originally Posted by foroz sonvolt10 One of the things you will learn when you watch the asctrend is that the ball can appear and disappear during the particular time frame you are trading, so I'd wait for the time period to complete.
The other thing I'd point out, that having used the asctrend ball in another method, the ball can change the candle it was on after completion of the candle! Of course it is too late if you have traded using the ball for entry.
There is another version of asctrend which has arrows instead of balls and this seems to be more stable.
Regards If you are going to use the ball to trade you will have to wait for the candle to close before it shows up.
I repeat, it only shows up at the close of a candle IF the candle close is supported by the indicators according to the rules.
Depending on the length of the candle, you might lose a lot of potential profit.
I would suggest anyone out there who can program MT4 to create an EA.
This would insure that the maximum amount of pips could be captured according to the rules.
As far as balls versus arrows, you can go into the indicator and change the number to change to an arrow if you wanted too.
Just modify it and compile it.
Originally Posted by foroz The most recent trade on the GBP (long) had the entry above the middle line of the SHI channel.
It was successful, but it would need to take into account the width of the channel to ensure that there was enough profit potential.
regards Wasn´t the channel down, so being long would have been against the main rule ? regards tom don_forex Originally Posted by tomkit66 Wasn´t the channel down, so being long would have been against the main rule ? regards tom Hi! That was the same thing I was thinking as well...:D :D Don ForexOvereasy indicators&nbsp; 2 Attachment(s) For those having problems with the site, I've attached the indicators and a trade example.
The system's use of La Guerre doesn't make sense to me.
Since La Guerre ranges between 0 and 1, shouldn't the important levels be symmetric (0.75, 0.5, 0.25 or 0.85, 0.5, 0.15)? 1 Attachment(s) Don, thanks for letting us know how you are doing with this setup.
Have you changed any parameters (i.e.
the amount of bars for calculations the trend channel etc.)? Could you post a screen shot so I can compare the looks with mine? As I went through some charts I recognized that it´s hard as usual to stay out of choppy and non trending markets.
Which signals would you have taken and where would your exits have been? Thanks Tom Originally Posted by don_forex Hi! That was the same thing I was thinking as well...:D :D Don it took me a few minutes because I though my channel settings aren´t working properly ...
;) don_forex Originally Posted by apple For those having problems with the site, I've attached the indicators and a trade example.
The system's use of La Guerre doesn't make sense to me.
Since La Guerre ranges between 0 and 100, shouldn't the important levels be symmetric (0.75, 0.5, 0.25 or 0.85, 0.5, 0.15)? Thanks for posting the indicators.
I just figured people were interested they would have gone to the website to get them, thus saving server space.
:) I would think as far as LaGuerre is concerned, they (the authors of this great system) have done extensive testing and have concluded that this is the most optimal settings.
Maybe once an EA is created (hint, hint!) we will be able to play around with the numbers...
But until then, who knows...
Don don_forex Tomkit66: The reason I haven't posted any charts is due to the fact that the SHI_Channel changes in the direction and slope as time goes by.
I think ;) that this might be a concern when an EA is created (hint, hint!) when you go to backtest.
Having said that, Maybe it won't be, because it is going to set up the indicators at that time.
I don't think one will be able to manually backtest due to the channel's dynamic nature.
You might be following an up channel trade and then exit according to the rules and then the direction might change due to the indicators.
How then would you know when it was in an up diection once the channel has changed direction? :confused: Food for thought...
Don don_forex Originally Posted by tomkit66 Don, thanks for letting us know how you are doing with this setup.
Have you changed any parameters (i.e.
the amount of bars for calculations the trend channel etc.)? Could you post a screen shot so I can compare the looks with mine? As I went through some charts I recognized that it´s hard as usual to stay out of choppy and non trending markets.
Which signals would you have taken and where would your exits have been? Thanks Tom I remember in between your 2nd and 3rd signals, it was in an UP direction.
The buy indicator was the start of a trade I took for a profit.
This is what I am alluding to when I say that a manual backtest will be nearly impossible due to the dynamic nature of the channel...
Don don_forex Tom, Another thought just came to me...
When you look at the examples on the website, they are only referring to the most current trend and trade setup...
Hope this clairifies your question...
Don don_forex The only two things I can think of to overcome this is to 1.
Forward test this system and take a snapshot of each trade as it sets up so you have an accurate history.
And Most Importantly 2.
Somebody PLEASE create an EA for this system!!!:D :D :D :D :D Don Originally Posted by don_forex Tomkit66: The reason I haven't posted any charts is due to the fact that the SHI_Channel changes in the direction and slope as time goes by.
I think ;) that this might be a concern when an EA is created (hint, hint!) when you go to backtest.
Having said that, Maybe it won't be, because it is going to set up the indicators at that time.
I don't think one will be able to manually backtest due to the channel's dynamic nature.
You might be following an up channel trade and then exit according to the rules and then the direction might change due to the indicators.
How then would you know when it was in an up diection once the channel has changed direction? :confused: Food for thought...
Don Ahh okay - now I understand.
Since the market is closed now I do not see how the channel adjusts to price.
I thought the channel calculation for so many bars will point most of the time in the direction I can see right now (market closed).
You are absolutely right that manually backtesting is almost impossible :eek: Unfortunately I cannot help wit EA - dumb sheep regarding coding = that´s me :o Apple or anyone Do the indicators in this zip work with MT4 as well or only for strat builder version? Tks Originally Posted by apple For those having problems with the site, I've attached the indicators and a trade example.
The system's use of La Guerre doesn't make sense to me.
Since La Guerre ranges between 0 and 100, shouldn't the important levels be symmetric (0.75, 0.5, 0.25 or 0.85, 0.5, 0.15)? Originally Posted by don_forex Tom, Another thought just came to me...
When you look at the examples on the website, they are only referring to the most current trend and trade setup...
Hope this clairifies your question...
Don Yep Don, picture is getting clearer thanks to your help ! :) Tom P.S.
You are right.
It would be very nice if someone with coding abilities would look into it ...
Originally Posted by Angela Apple or anyone Do the indicators in this zip work with MT4 as well or only for strat builder version? Tks Angela, works fine with the standard MT4! Tom All times are GMT.
The time now is 15:13.
Page 1 of 19 1 2 3 4 5 6 7 8 9 10 &gt; Great Tom tks for the fast reply.
Not sure what you mean by standard MT4 but I will give it a shot anyway.
Tks to all Originally Posted by tomkit66 Angela, works fine with the standard MT4! Tom sorry, I meant the version from MetaQuotes - hope that helps! good trading Tom don_forex StrategyBuilder does use mq4 language.
It should be compatible.
I haven't tried it yet....
Don EDIT -- FYI - I use Metaquotes and i n t e r b a n k f x.
Both of them use MT4.
Don Does anybody know when mt4 starts getting quotes in as of now it has not updated yet and most brokers are open by now.
As far as the la quarra or whatever its called i dont wait for it to cross i just look for it to be above .75 to sell or below .15 to buy if you wait for the cross a lot of times u lose quite a few pips you might have a couple more losers this way but when its above and all the other signals have hit it almost always crosses don_forex Originally Posted by goodboy Does anybody know when mt4 starts getting quotes in as of now it has not updated yet and most brokers are open by now.
As far as the la quarra or whatever its called i dont wait for it to cross i just look for it to be above .75 to sell or below .15 to buy if you wait for the cross a lot of times u lose quite a few pips you might have a couple more losers this way but when its above and all the other signals have hit it almost always crosses What I have done is wait for the cross, then buy.
If the price drops lower that the original purchase, I buy a 2nd position at the better price.
still following all of the rules.
So far, this has proven to be quite profitable...
Don Hi Don can you keep posting your result? what is your win rate since you start using this strategy? perky_z sorry I didnt know this thread had started the system is mine there is no mt3 indicators for this system ive been using it for 4 months and making steady profits the first month i made 1 loss normally trading only once per session and yes and as someone mentioned in a past post ,everytime i didnt trade with the indicators i had a loss it looks like adx but is more reliable and faster RSI I dont know what you are comparing it to but RSI hasnt been used Juice is a fancied up std deviation indicator which is a indicator supplied with meta4 there is a chat room operational http:fxovereasy.atspace.com/chat.html or click the chat now button from the home page ( if you know how to get there) perky_z sorry i forgot to mention the chat is normally manned from gmt 8;30ish am till 4pm (gmt) ill try to get back to this forum from time to time and check things and yes it is my system :) gl gt perky_z Thanks a lot for this system, it looks very interesting at this stage.
Can you tell us any of the thinking behind this, to get system? Regards perky_z Originally Posted by foroz perky_z Thanks a lot for this system, it looks very interesting at this stage.
Can you tell us any of the thinking behind this, to get system? Regards 3 years experience has shown me you need to wait and wait and wait for setups to entr we really need 3 things Momentum - juice gives us this Direction / Entry- shi channels and i trend and la guerre give this Exit shi channels along with reading the other indicators gives this I have been writing indicators in meta language over 2 years and finnaly happy with a system I can trust that I am sharing Thanks for this system PerkyZ.
This looks very impressive so far.
I am amazed at how generous people are on Monetec.
Thanks alot guys &amp; gals! God bless you all don_forex It is a shame I have to get ready for the J.O.B.
:rolleyes: I would like to stay and talk for a while.
I will see you guys in 15 hours...
1 Attachment(s) What a great move by this system so far today! :) 1 Attachment(s) Hi rglenn, Can you tell me what does the Red dot represents....i didnt understand what does it meant for....
Cheers Viswa Hi Viswa The red dot is just a warning for when the price bar hits the bottom trend line.
I am also new to this system so I don't know if there is a red dot shown when it hits the top of the trend channel.
Maybe someone who has been using this system a bit longer could give us a bit more info.
vishwamv The red circles mean that at that time the price was outside the channel line.
The channel lines keep moving throughout the day with movements in the market.
If you have had your computer on for a while, you'll see several of these red circles.
Just change to a higher time frame and back again to get rid of the red circles.
Regards Hi, I am new in this Thread, this System looks very great.
Can i get this Indikators also for VT Trader (CMS)?:confused: masterpiece` Ek, download and install Metatrader4, and use it as your forecasting tool, but trade on your CMS platform, many pple here do it this way.
Is metetrader4 and Strategy Builder 3.85 different or the same thing? If different, then which is best for Fxovereasy system? I have my account with FXCM.
Thank you materpiece, I'm just doing that, but I thinked that I can use it directly on VT Trader.
Thank's for your fast answer.
Regards EK Originally Posted by PTB Is metetrader4 and Strategy Builder 3.85 different or the same thing? If different, then which is best for Fxovereasy system? I have my account with FXCM.
you need to download metatrader (its free) from here: http://www.metaquotes.net/metatrader/ then follow the instructions to install the indicators.
Thanks, Should I download the "Client Terminal or Data Center"? Does the client terminal give me the demo account whereas the data center does not? At present I prefer staying with the trading platform of FXCM as that is what I'm familiar with.
masterpiece` Client Treminal is what you probably need.
The BT is a bit costly imho, I'm not using it, but many clone BT indicators are implemented into Metatrader4, so why not try the free stuff first and see if it works for you or not? )) I would download the Client Terminal here http://www.metaquotes.net/terminal you can use it for your charting and still make your trades using FXCM (you will have to have both running at the same time).
Once you download metatrader, you will have to open a new (free) demo account with them using the File drop down menu.
I have used a fake name and email address in the past in order to avoid getting their newsletter :) masterpiece` Oh, and does the demo account ever expire on metatrader? i'm just using it for about a week or so, so don't really know.
Thnx.
"BT" I don't understand that term? masterpiece` BT = Brain Trader perky_z Originally Posted by masterpiece` Oh, and does the demo account ever expire on metatrader? i'm just using it for about a week or so, so don't really know.
Thnx.
It does expire after 1 month but you just go to file in top left and open an account and you will get another month Originally Posted by masterpiece` Client Treminal is what you probably need.
The BT is a bit costly imho, I'm not using it, but many clone BT indicators are implemented into Metatrader4, so why not try the free stuff first and see if it works for you or not? )) Bringing up BT in this thread is really off-topic, and why was it even mentioned? masterpiece` david, I apologize, if this is not enough, you can erase my post if you're moderator.
What is considered to thin/narrow of SHI channels to not trade (in pips, or size of candles, or ...)? (at least an approximation.) Dan S Hi David, I attended perkys live chat yesterday and she want the channel at least about 50 pips broad, if the channel is thinner than that your profit target might not be worth taking the risk/trade.
Are you working on an EA? Thank you for answering, Dan.
In response to creating an EA, I don't know yet.
I am thinking about it, but I will do some steps first: get familiar with this system by trying it a few times in demo account; trade a few times live, then decide on the following steps.
If its worth pursuing for me, then I may first write an alert expert (easier and confirms entry/exit rules are correct), then finally I may write an expert.
I apologize for not committing sooner for doing an expert, but I've written too many promising ones (and the systems based on them are still good systems) that don't work when completely automated, that I have no desire to waste time programming vs.
trading for real money :).
But it won't take me long to evaluate to proceed, as I'm not that patient :).
If nothing else, at least an expert for alerts will be useful, even if not totally automated.
Anyone else have problems with MT4? I usually use an MT3 feed with Metastock.
MT4 doesn't seem to be working for me.
No connection to the server.
masterpiece` Their server seems to be down now, I get no connection also, neither can access their site.
Dan S The "problem" which propably is an advantage (!) is that you wait a long time to have a perfect setup, and there might not even be a trade every day.
Thats why I would love to have any kind of alert.
I dont want to automate this.
Dan S Btw, I see possible setups on all the pairs I am watching right now.
Originally Posted by foroz Sonvolt10 To load the indicators into MT4: C:\program files/metatrader4/experts/indicators You will then find them by going to Insert.....Indicators........Custom If you have metatrader open when you save them as above, you will need to close metatrader and re-open it for you to locate them.
Regards Hi there, How does one transfer one of the FXOverEasy indicators to C:\program files/metatrader4/experts/indicators.
How do I convert the indicators to .exe files? Regards, Ásgeir The above is my question also.
Seems like most of those posting on this thread really know their way around a computer.
I can get by OK but my motivation to learn this machine is fired by my desire to learn to trade.
I'm pretty good at running a farm tractor, hay swather or grain combine as I've been a farmer most of my life.
But learning anything new on this computer requires the step by step most elementary path.
I suspect that I'm not alone.
Those of us in this situation would appreciate greatly the help from those of you who have the patience and knowlege to be of assistance.:confused: :o :) Originally Posted by issi1206 Hi there, How does one transfer one of the FXOverEasy indicators to C:\program files/metatrader4/experts/indicators.
How do I convert the indicators to .exe files? Regards, Ásgeir Hi, Why do you want to convert the indicator to .exe? All times are GMT.
The time now is 15:13.
Page 2 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 &gt; If I understand the question...how do you get the indicators from the website onto the Metatrader charts...in layman's vocabulary? Originally Posted by PTB If I understand the question...how do you get the indicators from the website onto the Metatrader charts...in layman's vocabulary? You save the files in C:/Program Files/Metatrader 4/experts/indicators Then open up MT4.
Click on the menu at the top that says insert, and then indicators, and then custom.
All the files should be in your custom indicators folder.
perky_z Originally Posted by Dan S The "problem" which propably is an advantage (!) is that you wait a long time to have a perfect setup, and there might not even be a trade every day.
Thats why I would love to have any kind of alert.
I dont want to automate this.
Alerts are my specialty the problem what do you use for a trigger i trend?? la guerre?? perky_z thanks for helping the newbies I better put a second pot of coffee on for the chat room 8:30am gmt till 3-3:30pm :) perky_z Originally Posted by PTB If I understand the question...how do you get the indicators from the website onto the Metatrader charts...in layman's vocabulary? I assume when you clik on the indicator on the indicators page it asks to open or save?? well if do choose save and save each one to \program files\metatrader4\experts\indicators folder then if you have meattraer open close it and re open it and under custom indicators on the navigator panel they should be there waiting for a double click and ok as the parameters are all correct make sure you are on the 15 min chart and you are away if you still cant come to the chat room and you will get step by step help where is the chart room?? on the home page "chat now button" just put in a nick password is not necessary Originally Posted by perky_z Alerts are my specialty the problem what do you use for a trigger i trend?? la guerre?? Tks parky_z if alert is added to the system.
Alert : I wd like 1st alarm on on i trend, 2nd/final on la guerre !!! Do you suggest any better ...........
WBR / GKBRIA Originally Posted by perky_z Alerts are my specialty the problem what do you use for a trigger i trend?? la guerre?? Hi perky_z, Is it possible for you to combine the i_trend, La Guerre and Juice indicator to one custom indicator like palanka FX10_setup http://www.strategybuilderfx.com/fo...anka#post121536 Thanks Dan S Originally Posted by perky_z Alerts are my specialty the problem what do you use for a trigger i trend?? la guerre?? A trigger with juice, i-trend and laguerre agreeing would be nice, I could than check the channel and decideo to trade or not.
Hi Perky, I can´t get access to your site, is this the correct url : http://fxovereasy.atspace.com/index.html ?? Thanks Ampu I could get on to the site by clicking on the link you posted, so it is working for me.
Regards Hi all, Could someone enlight me more about SHI channels? What's the logic behind them? When do they change from negative to positive and vice versa? Thanks It appears that the SHI Channels are based on 2 higher high points or 2 lower low points to determine market direction.
im looking for the chat is it the moneytec chat?? does SB have chat it would be nice to talk live about this system please give me step by step reaching the chat thanks :) Originally Posted by Dan S A trigger with juice, i-trend and laguerre agreeing would be nice, I could than check the channel and decideo to trade or not.
i agree a trigger would be nice! i wish i could program one ....oh well for the one who writes it i will send my winning pips :D :) hi perky, i cannot access the website, neither other people in america, hope we can make it soon, kind regards.
BTW, signal today in euro long.
:D Is it me or the indicators that make up this system setup make MT4 very slow? I tried it in 2 diferent computers and MT4 is slower than it has ever been with any other indicators PS: i'm finding the channels very useful for confirming or choosing my own system signals.
I'm long euro 2215 Originally Posted by forextrades You save the files in C:/Program Files/Metatrader 4/experts/indicators Then open up MT4.
Click on the menu at the top that says insert, and then indicators, and then custom.
All the files should be in your custom indicators folder.
Ok, the indicators form is just a bunch of texts.
I save the texts to what form? word?excel?, notepad? sorry for the lack of computer skills Originally Posted by issi1206 Ok, the indicators form is just a bunch of texts.
I save the texts to what form? word?excel?, notepad? sorry for the lack of computer skills The indicators are already in their correct form: they all have the extension .mq4 You just download the indicators.zip file that is available in this thread and unzip the indicators to the indicators folder in Metatrader4 directory on your computer Then restart Metatrader and the indicators are available under the navigator button PS: Perky, could you please expand on the channels logic please? Sorry but I don't have access to the chat anymore, don't know if it is from my firewall or what Haven't been able to get website/chat room all day either.
I just get the letter H on a blank page.
Trying since 9am gmt :( strange i log into chat but what i type is not showing and getting several not registered messages...
one of those days Hum, those red circles when price touches channel seem pretty significant Can someone program an alert when a red circle appears? Interesting situation: up channel in euro with a touch in lower band and down channel in cable with touch in upper band seems the way is up tough shi channel is as trend channel and i will try to explain the theory of it with almost every trend there are retracements and a retracement is when the market goes in a direction for a while it will pull back or retrace before it continues in that direction.
So if the market is in a uptrend the best time to buy is at the bottom of the pull back/ retracement and that is what the system does As far as people having problems getting a feed from metatrader i had the problem of getting no feed so i opened up an account with and downloaded their metatrador as its the same one and u can put the indicators in there and the feed is pretty good Hi There, I have read the system, but I cannot see an explination to the exit of a trade, I can see an explination to an entry.
Could someone advise.
Thanks I believe you exit when it hits the top of the shi channel if your going long or hits the bottom when your going short 1 Attachment(s) Originally Posted by goodboy As far as people having problems getting a feed from metatrader i had the problem of getting no feed so i opened up an account with and downloaded their metatrador as its the same one and u can put the indicators in there and the feed is pretty good Which account did you open to get feeds other then MetaQuotes? I heard StrategyBuilder has a feed but its only for paid accounts :( Here is a copy of a recent setup in EUR/USD.
Here I will probably exit before the top of the chanel.
Perhas the most recent support area.
Today has been very choppy :( 1 Attachment(s) In order to either automate or create an alert, the rules need to be more explicit.
For each indicator, not only does the rules need to say when its signaling a buy or sell, but also needs to state when its no longer a buy or sell signal.
Usually their are three states that a signal rule is in: buy, sell, stand aside.
Most forget to state the latter conditions.
I will illustrate today's chart of AUDUSD, and with the Laguerre indicator.
Is the blue vertical line a good buy? How long is the buy signal good for the Laguerre indicator? Till it makes a sell signal? till so many bars? till it crosses .45 or some other level? Was this a good buy signal since all are signaling a buy? there are a couple of brokers that use metatrador i would suggest opening a demo with one of them and getting the feed from them i use i forgot to put that in my last message, sorry For some reason it wont post the name of the broker i use to get the feed Hey Perky, Nice to see so much attention for your system.
I hope people are donating some pips to you.
:) Goodboy......
Put the name of the broker in with spaces or hyphens or something so we can still tell what it is.
I don't understand why we can't ocassionally mention names of brokers on here.
O-a-n -d a In-ter-, , ban--k-f--x---.
Something like that.
Kinda crazy.
Thanks for your help.
Interesting thread here.
Well the broker you just listed is the one i use hi everyone.
looks like there has been a good amount of interest in this system.
is anybody out there using it and making money on a live account? SHI_Channel improvement&nbsp; I added one line of code to end of the start() function in SHI_Channel: Code: Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0)); to show the height of the channel.
hi there, anyone can explain the algorithm behind the shi_channels?? i´m trying to translate the code to other charting software but i can´t get the whole logic behind this.
tia.
Originally Posted by davidwt I added one line of code to end of the start() function in SHI_Channel: Code: Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0)); to show the height of the channel.
Nice! Could you please add an alert when the red circles appear on chart, please? don_forex Here is my latest results using this system...
Interbank FX, LLC A/C No: 999999 Name: Don Lawson 2005 August 23, 22:59 Closed Transactions: Ticket Open Time Type Lots Item Price S / L T / P Close Time Price Commission R/O Swap Trade P/L 1195855 2005.08.23 04:00 buy 1.00 eurjpy 134.14 134.48 0.00 2005.08.23 10:09 134.48 0.00 0.00 309.46< tr> 1197801 2005.08.23 14:32 buy 1.00 usdchf 1.2709 1.2706 0.0000 2005.08.23 17:21 1.2730 0.00 0.00 164.96< tr> 1198309 2005.08.23 16:07 buy 1.00 audusd 0.7557 0.7534 0.0000 2005.08.23 18:39 0.7560 0.00 0.00 30.00< tr> 1198730 2005.08.23 17:33 buy 1.00 eurusd 1.2223 1.2199 0.0000 2005.08.23 19:07 1.2226 0.00 0.00 30.00< tr> 1198745 2005.08.23 17:36 buy 1.00 eurusd 1.2216 1.2197 0.0000 2005.08.23 18:20 1.2218 0.00 0.00 20.00< tr> 1198890 2005.08.23 18:20 sell 1.00 usdchf 1.2717 1.2716 0.0000 2005.08.23 19:07 1.2715 0.00 0.00 15.73< tr> 0.00 0.00 570.15 Deposit/Withdrawal: 0.00 Credit Facility: 0.00 Closed Trade P/L: 570.15 Open Trades: Ticket Open Time Type Lots Item Price S / L T / P Price Commission R/O Swap Trade P/L 1199314 2005.08.23 21:03 buy 1.00 usdjpy 109.87 109.67 0.00 109.88 0.00 0.00 9.10 0.00 0.00 9.10 Floating P/L: 9.10 Working Orders: Ticket Open Time Type Lots Item Price S / L T / P Market Price No transactions A/C Summary: Previous Ledger Balance: 3 202.94 Floating P/L: 9.10 Closed Trade P/L: 570.15 Total Credit Facility: 0.00 Deposit/Withdrawal: 0.00 Equity: 3 782.19 Balance: 3 773.09 Margin Requirement: 1 000.00 Available Margin: 2 782.19 Best Regards Accounts Department Please report to us within 24 hours if this statement is incorrect.
Otherwise this statements will be considered to be confirmed by you.
Nice trading don!!!!! Please, if you could keep posting results, that would be great.
I rewrote the Laguerre RSI indicator and posted it in the downloads/file sharing area: http://www.strategybuilderfx.com/fo...p?do=file&amp;id=67 This is not to denegrade Emerald's work.
But I wasn't sure how the compiler for the scripts will be sure that when an indicator is called multiple times on the current bar, whether the prior bar values are used when only storing them in variables.
So, the version I posted uses buffers to store the intermediate computations.
All times are GMT.
The time now is 15:13.
Page 3 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 &gt; David, it looks like they both produce the same results? What differences should I be looking for between your indicator and the original? Thanks hi don.
thanks for all of your feedback on this system.
can you please tell us if you wait for the ball for confirmation or do you just trade long(assuming you have the upward sloping trend) i trend has crossed, la guerre is past .15 mark, you have the juice green light, and make these trades as soon as you see this? The reason I ask is because these indicators can flicker back and forth and dont' give you an exact measurement until the time fram is up.
I guess, at times, the market could have gone in your favor but you missed the boat because you waited for all the indicators to close on the bar.
the other question is let's say you are long in a trade and up let's say 10 pips but suddenly you have downtrending la guerre and then you have the purple ball come up? would you exit trade there or would you still wait till your s/l has been hit.
all comments are welcome.
thanks very much.
thanks Don:):):):) perky_z Originally Posted by camisa Is it me or the indicators that make up this system setup make MT4 very slow? I tried it in 2 diferent computers and MT4 is slower than it has ever been with any other indicators PS: i'm finding the channels very useful for confirming or choosing my own system signals.
I'm long euro 2215 ive had no slowing down on my 2 computers perky_z Originally Posted by mwbro im looking for the chat is it the moneytec chat?? does SB have chat it would be nice to talk live about this system please give me step by step reaching the chat thanks :) i think you found the chat its off the home page on right chat now http://fxovereasy (dot) atspace (dot) com/index.html it must be http not www perky_z Originally Posted by mwbro strange i log into chat but what i type is not showing and getting several not registered messages...
one of those days maybe you are not using a unique name for example fred would probably give you not registered where FX_fred should be ok perkyz, thanks for sharing your system with all of us.
you mention that you have been programming for 2 years and that this system is one that you finally feel comfortable with and sharing.
you also mention that this system has been giving you steady profits for 4 months.
can you please tell how many pips on average per month the system has generated for you? do you also think that 4 months is long enough to test a system that you could feel comfortable with? please don't misunderstand and feel that I'm attacking your system.
i'm just trying to get a sense as to how it's worked for you and at the same time that eventhough this system may look promising, we should exercise caution.
It is really an interesting method.
It has made me discover there are other currencies in the world other than GBP.
I wonder if it is capable of being automated.
It was of concern last night to discover (in the perky_z chatroom) that some people had a downward sloping channel whilst others had an upward sloping shi channel on the same currency and on the same time frame! It seems unexplainable at present as o checking the data feeds some people with opposite sloping channelns had their data feed from the same source! I want to thank Perky_z for her generosity in sharing this method with others and trust that all the good folk who use it make the appropriate donation on the site.
Looking forward to seeing what the rest of the day brings.
regards perky_z Originally Posted by UncleJesse Which account did you open to get feeds other then MetaQuotes? I heard StrategyBuilder has a feed but its only for paid accounts :( Here is a copy of a recent setup in EUR/USD.
Here I will probably exit before the top of the chanel.
Perhas the most recent support area.
Today has been very choppy :( Hi jesse nice to see you cross here i hope you come to chat sometime http://fxovereasy.atspace.com/chat.html perky_z Originally Posted by issi1206 Ok, the indicators form is just a bunch of texts.
I save the texts to what form? word?excel?, notepad? sorry for the lack of computer skills try to just right click on the actual indicator tab then "save as" saving them to \program files\metatrader\experts\indicators then close open meta and they should be there replace \metatrader with your dealers folder if you are not using the metaquotes demo metatrader of course perky_z Originally Posted by gordoncass Hi There, I have read the system, but I cannot see an explination to the exit of a trade, I can see an explination to an entry.
Could someone advise.
Thanks simple answer exit on mid line of shi OR if there are high green bars on juice ride to the other side less spread of course perky_z Originally Posted by don_forex Here is my latest results using this system...
Interbank FX, LLC A/C No: 999999 Name: Don Lawson 2005 August 23, 22:59 Closed Transactions: Ticket Open Time Type Lots Item Price S / L T / P Close Time Price Commission R/O Swap Trade P/L 1195855 2005.08.23 04:00 buy 1.00 eurjpy 134.14 134.48 0.00 2005.08.23 10:09 134.48 0.00 0.00 309.46< tr> 1197801 2005.08.23 14:32 buy 1.00 usdchf 1.2709 1.2706 0.0000 2005.08.23 17:21 1.2730 0.00 0.00 164.96< tr> 1198309 2005.08.23 16:07 buy 1.00 audusd 0.7557 0.7534 0.0000 2005.08.23 18:39 0.7560 0.00 0.00 30.00< tr> 1198730 2005.08.23 17:33 buy 1.00 eurusd 1.2223 1.2199 0.0000 2005.08.23 19:07 1.2226 0.00 0.00 30.00< tr> 1198745 2005.08.23 17:36 buy 1.00 eurusd 1.2216 1.2197 0.0000 2005.08.23 18:20 1.2218 0.00 0.00 20.00< tr> 1198890 2005.08.23 18:20 sell 1.00 usdchf 1.2717 1.2716 0.0000 2005.08.23 19:07 1.2715 0.00 0.00 15.73< tr> 0.00 0.00 570.15 Deposit/Withdrawal: 0.00 Credit Facility: 0.00 Closed Trade P/L: 570.15 Open Trades: Ticket Open Time Type Lots Item Price S / L T / P Price Commission R/O Swap Trade P/L 1199314 2005.08.23 21:03 buy 1.00 usdjpy 109.87 109.67 0.00 109.88 0.00 0.00 9.10 0.00 0.00 9.10 Floating P/L: 9.10 Working Orders: Ticket Open Time Type Lots Item Price S / L T / P Market Price No transactions A/C Summary: Previous Ledger Balance: 3 202.94 Floating P/L: 9.10 Closed Trade P/L: 570.15 Total Credit Facility: 0.00 Deposit/Withdrawal: 0.00 Equity: 3 782.19 Balance: 3 773.09 Margin Requirement: 1 000.00 Available Margin: 2 782.19 Best Regards Accounts Department Please report to us within 24 hours if this statement is incorrect.
Otherwise this statements will be considered to be confirmed by you.
don you are my star pupil you never cease to amaze me! perky_z Originally Posted by davidwt In order to either automate or create an alert, the rules need to be more explicit.
For each indicator, not only does the rules need to say when its signaling a buy or sell, but also needs to state when its no longer a buy or sell signal.
Usually their are three states that a signal rule is in: buy, sell, stand aside.
Most forget to state the latter conditions.
I will illustrate today's chart of AUDUSD, and with the Laguerre indicator.
Is the blue vertical line a good buy? How long is the buy signal good for the Laguerre indicator? Till it makes a sell signal? till so many bars? till it crosses .45 or some other level? Was this a good buy signal since all are signaling a buy? this is very complicated and would require a whole thread i cant go into to much detail but about 5 bars back would have been the entry from the chart you posted..
laguerre was early - which is unusual i trend normally signals first for automation the best you can do is wait for cross of i trend then once thats is true wait for juice to turn green the shi is really for direction of safe trades - slope and bounds of the trade showing optimal entry and exits im telling you id be very surprised if you can automate it its like asking a computer to recognise your montherform a cam still i know there are factions around trying to automate it I have my spys :) I do like you channel width idea tho - mind if i use it? Perky_z Can you enter a short trade if the LaGuerre is at a level of less than 10 and a long trade if it is more than 80? Regards perky_z Originally Posted by mj5150 perkyz, thanks for sharing your system with all of us.
you mention that you have been programming for 2 years and that this system is one that you finally feel comfortable with and sharing.
you also mention that this system has been giving you steady profits for 4 months.
can you please tell how many pips on average per month the system has generated for you? do you also think that 4 months is long enough to test a system that you could feel comfortable with? please don't misunderstand and feel that I'm attacking your system.
i'm just trying to get a sense as to how it's worked for you and at the same time that eventhough this system may look promising, we should exercise caution.
I average 100 pips a week I only trade AUD no 4 months is not long enough to test a system you you better get testing straight away as to caution yes use a demo system but then id need to test it under different circumstances as we all know what one person may find profitable another may lose.
so you need to test it under YOUR conditions because believe me after 6 months more and the systems is still making good profits it may not still work for you.
you see you are the system...g/l and g/t perky_z I think I have answered my own question re the LaGuerre.
On thinking about it, I have likened it to the slow stochastic which can run along the top or bottom for a while whilst the market continues to move up or down.
I think the LaGuerre may be just like that, so this morning on the pound, there was a trade short when everything else lined up even though the LaGuerre reading was .0493.
I'm sorry to have missed all those nice juicy pips.
Do you agree? regards Originally Posted by UncleJesse David, it looks like they both produce the same results? What differences should I be looking for between your indicator and the original? Thanks Well, apparently none.
Maybe its not executing for the current bar more than one time, perhaps, so it doesn't get re-averaged on every tick.
I don't know for sure as I've not debugged it.
The techniques used in that indicator is similar to techniques I've had to use in MQL2, but always had to be sure saving prior values only took place once per current bar.
I wasn't sure that was happening for this, so I just rewrote it using buffer arrays, a capability in the new MQL4.
Originally Posted by perky_z this is very complicated and would require a whole thread i cant go into to much detail but about 5 bars back would have been the entry from the chart you posted..
laguerre was early - which is unusual i trend normally signals first I see that which I had missed before, though I wonder if the channels were sloping up at that time or had changed by the time of the vertical blue line (I can't remember, and I could very well have missed it as I'm new at this strategy).
Originally Posted by perky_z for automation the best you can do is wait for cross of i trend then once thats is true wait for juice to turn green the shi is really for direction of safe trades - slope and bounds of the trade showing optimal entry and exits im telling you id be very surprised if you can automate it its like asking a computer to recognise your montherform a cam still i know there are factions around trying to automate it I have my spys :) I would be surprised if I could too :), though I actually am fairly confident of coming close.
I'm just not sure its worth the effort.
Again, my first step will be to do an expert with alerts based on your rules.
That brings the process closer to automation or hilights what can't be easily automated.
Originally Posted by perky_z I do like you channel width idea tho - mind if i use it? That is exactly why shared it, so it could be used :).
After all, such a small contribution to a massive effort on your part.
perky_z Originally Posted by foroz Perky_z Can you enter a short trade if the LaGuerre is at a level of less than 10 and a long trade if it is more than 80? Regards sure if you want you can do anything but i wouldnt its all about waiting for the setup discipline and patience there will be days you dont trade Hi Perky Should you trade from the edge of the channel or only use the channel for direction and exit? perky, i dont know what`s hapenning, but i cannot access your website, since yesterday.
:confused: Originally Posted by blanca perky, i dont know what`s hapenning, but i cannot access your website, since yesterday.
:confused: Hey Blanca, me neither :( :( :( Still just getting a blank page with the letter H in top LH corner.
Spoke to my ISP,cleared cache, and disabled firewall - still nought :mad: Girls, I also can´t get access to the web page.....
:mad: Just a quick observation but this thread has grown exponentially quick.
don't you think? Originally Posted by matrung Just a quick observation but this thread has grown exponentially quick.
don't you think? Now it's new 50 post per 24Hr.
No of Hit/view !!!! ...................
re-calculate WBR / GKBRIA perky_z Originally Posted by Ampu Girls, I also can´t get access to the web page.....
:mad: sorry never had atspace this bad!!! I'm mad too ok if you want to enter chat you can use...
http://www.freejavachat.com?chan=fxovereasy when you get in type /nick and your nickname and make it original fred qont cut it fredFX21 will and oh dont forget the "/" at the front apologise for the pages being down Thanks for the help ive been scanning market all morning GMT +1 and not finding any overeasy formations wanting to know if im the only one?? :) I agree the "Channel Indicator" is a little flaky and usually causes me to miss a good trade.
I have been making my own trendlines and can get better results.
I think the trend lines are there to re-enforce the rule that you should only trade with the trend.
If you dont like them, then they can probably be omitted as long as you can define the short term trend.
Originally Posted by mwbro ive been scanning market all morning GMT +1 and not finding any overeasy formations wanting to know if im the only one?? :) The same goes for me.
This is a new version of the Comment() I posted earlier.
So, if you implemented the earlier Comment() statement into SHI_Channel.mq4 file, this replaces that one.
The new statement is: Code: Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0), " Slope = ", DoubleToStr(-Step/Point, 2)); Showing it in context (the new line is in red): Code: ObjectSet("MIDL",OBJPROP_WIDTH,1); ObjectSet("MIDL",OBJPROP_STYLE,STYLE_DOT); Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0), " Slope = ", DoubleToStr(-Step/Point, 2)); //---- return(0); } //+------------------------------------------------------------------+ which is near the end of the file, SHI_Channel.mq4.
Be sure to compile it after making the change.
my thought also the channel does not matter if you are in for a get in and get out trade of course timing is important perkey whats your thought on the channel? Originally Posted by davidwt This is a new version of the Comment() I posted earlier.
So, if you implemented the earlier Comment() statement into SHI_Channel.mq4 file, this replaces that one.
The new statement is: Code: Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0), " Slope = ", DoubleToStr(-Step/Point, 2)); Showing it in context (the new line is in red): Code: ObjectSet("MIDL",OBJPROP_WIDTH,1); ObjectSet("MIDL",OBJPROP_STYLE,STYLE_DOT); Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0), " Slope = ", DoubleToStr(-Step/Point, 2)); //---- return(0); } //+------------------------------------------------------------------+ which is near the end of the file, SHI_Channel.mq4.
Be sure to compile it after making the change.
i am sorry whats the purpose of this modification again?? in laymen terms :) you'll see two additional info: "channel size", which is the width of the SHI channel, and "slope", an indication of how steep is the SHI channel Hope this helps.
perky_z Originally Posted by mwbro my thought also the channel does not matter if you are in for a get in and get out trade of course timing is important perkey whats your thought on the channel? my thoughts on channel hummm lets just say my trading was ordinary until i found shi channel thats what started this whole system rolling without shi channel i was floating in a river of pips without oars i will admit alot of pips will pass you ny and most experienced traders can catch them the channel keeps you focused and waiting for a setup.
Originally Posted by hambalan you'll see two additional info: "channel size", which is the width of the SHI channel, and "slope", an indication of how steep is the SHI channel Hope this helps.
ok thanks hambalan Originally Posted by perky_z my thoughts on channel hummm lets just say my trading was ordinary until i found shi channel thats what started this whole system rolling without shi channel i was floating in a river of pips without oars i will admit alot of pips will pass you ny and most experienced traders can catch them the channel keeps you focused and waiting for a setup.
hi perky, thanks for the response, ive you seen any overeasy formations today? if so which pairs? Aud? im sure you have a sharper eye on this than me (being the creator) looks like uj is forming what looks like a overeasy....hmmm Just noticed that levels in Laguerre (0.15 and 0.75) are not symetrical Do you guys use this or 0.75 + 0.25? Originally Posted by perky_z ive had no slowing down on my 2 computers Just identified the cause of the slow down: replaced Laguerre indicator from page 4 in this thread for the one davidwt coded and MT4 back to complete smoothness thank you david! All times are GMT.
The time now is 15:13.
Page 4 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 &gt; Originally Posted by camisa Just noticed that levels in Laguerre (0.15 and 0.75) are not symetrical Do you guys use this or 0.75 + 0.25? Use the levels as they are...
Perky has done plenty of testing:rolleyes: .
These levels work.
Don't worry about symetry!:D Good Luck...
Don Hi there, first I wanna thank perky for this wonderful system.
Perky said that she traded AUD so I drawed up the AUD/USD chart and found 2 good sell/buy signals but the juice showed red and if we would have followed the "green juice rule" we would have missed out of 2 good 30 pips trades.
So do you people always follow the juice rule? regards, ásgeir issi You'll always find trades against any system, but the moment you take the trade it is not Perky's system you are following, you have effectively lost your discipline.
Trading requires a lot of discipline and following rules.
Just what would you be thinking now if those 2 trades had not made 30 pips, it would have enforced Perky's rules.
In an early posting Perky said: "I will admit alot of pips will pass you by and most experienced traders can catch them the channel keeps you focused and waiting for a setup." I suggest you follow the rules as written and do a reveiw each week looking at your results and of course your bank balance.
I keep a copy of the chart from when I enter a trade as the channels can change throughout the day and can be quite different at the end of a day compared to the start.
Personally, I think with Juice it is essential in being green.
Regards I aggree, I would think that it would be better to make an exeption with the AUD/USD ´cause of the low volume.
You can see the low volume clearly specially if you compare the volum with the Cable Issi The Aussie may well be a currency that develops an additional rule or rules, time will tell.
However, it is the only currency that Perky trades, so she would know it very well.
I would therefore go along with what she has discovered in relation to if for some time before I thought about altering it.
Now that so many of us have been made aware of this great method, I am sure over the next few weeks a variety of different comments will be made by people who have noticed things in relation to the currencies they trade.
Within the group we may well find others who just trade one currency.
I only ever traded the gbp until this week.
Keep recording your thoughts though as it is a great benefit for all members of forums.
Out of interest, would you give the details of the 2 aussie trades that you talked about, time (and include whether you are on gmt +2 or whatever) etc.
regards The two good trades at my opinion were the sell signal which was 08.24 02:00 on a 15 m chart and a buy signal 08.24 10:00 also on a 15 min chart I've only tried this technique for 2 days in a demo account but every trade I've tried to enter when one of the indicators was not set up have ended up with loses.
It reallly seems to me that there are going to be enough Overeasy setups that it's not worth trying to trade against the signals.
Just my 2 days worth of advice! Also, even though there may be some trades in the 30 to 40 pip range, it seems that more of the trades will end up in the 5 to 20 pip range so be careful and take reasonable profits and be happy with it.
There will be more setups ahead! I think thats good advice.
I just tried to go short with the EURO because all of the indicators lined up BUT the channel was going against me.
I learned a hard lesson :( From now on, I will follow the rules to the tee.
Davidwt, Do you know how to retrieve the value of Customer indicator "SHI_Channel" in MQ4 expert? I tried sth like SHI_High_1=iCustom(NULL,0,"SHI_Channel",240,0,0,1); It returns zero.
What parameters should be given for it? Thanks! Aaahhh, I just spent a few days on this system.
Putting an expert :cool: for it that follows Perky's system exactly.
I found that PerkyAsctrend1.mq4 indicator has a little bug in it, I fixed it.
And by adding a simple RSI the results get better.
But backtests look mostly bad.
I really hope that it was not so:(.
BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); Shahin Can you explain the bug please and provide us with a copy of yours that doesn't have this? What period RSI are you using? Are you using this as well as the other indicators? What trigger are you using for the RSI? Regards Originally Posted by Shahin Aaahhh, I just spent a few days on this system.
Putting an expert :cool: for it that follows Perky's system exactly.
I found that PerkyAsctrend1.mq4 indicator has a little bug in it, I fixed it.
And by adding a simple RSI the results get better.
But backtests look mostly bad.
I really hope that it was not so:(.
BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); yeah shahin dont make such a comment and not share the details...
which RSI and what results? thanks perky_z Originally Posted by mwbro yeah shahin dont make such a comment and not share the details...
which RSI and what results? thanks Danger will robinson...
danger!!!!!!! :rolleyes: Hi Perky, Been following your system for the past couple of days.
Looks very interesting.
Also, are you planning on going to a new site.
I was unable to get into your chat room tonight.
If so when is that planned for? Thanks, Jim jhanley, log on to this site now ; we are all there.
cheers 4xxxx h t t p://w w w.freejavachat.com/chat.php?chan=fxovereasy (take out the spaces in http and www) 1 Attachment(s) Originally Posted by Shahin BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); Cool, I've added your lines of code and added comment to show upper and lower bound of the channels Now it should be easy to write an alert to when price touches one of the bounds Originally Posted by Shahin Aaahhh, I just spent a few days on this system.
Putting an expert :cool: for it that follows Perky's system exactly.
I found that PerkyAsctrend1.mq4 indicator has a little bug in it, I fixed it.
And by adding a simple RSI the results get better.
But backtests look mostly bad.
I really hope that it was not so:(.
BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); I assume your backtest accounts for the fact that the channels shift up and down? How can you confirm that the position was entered when the channel at that time was indeed up or down? It would be interesting to see your backtest results compaired to perky's real results to see where the difference lies.
perky_z Originally Posted by jhanley Hi Perky, Been following your system for the past couple of days.
Looks very interesting.
Also, are you planning on going to a new site.
I was unable to get into your chat room tonight.
If so when is that planned for? Thanks, Jim this chat will take you straight there http://www.freejavachat.com?chan=fxovereasy when you get in type /nick [space] then your nick eur/usd committing to an overeasy ....looks like....
Why am I getting a huge (289 pips) SHI uptrend channel in usdchf? Anyone with this channel? yes camisa , me 2 also have the same channel:) Originally Posted by camisa Why am I getting a huge (289 pips) SHI uptrend channel in usdchf? Anyone with this channel? Hi there, I think the is due to the channel and trend changing.
Not to sure, but it was a down trend this morning and now an uptrend.
Gordon Originally Posted by gordoncass Hi there, I think the is due to the channel and trend changing.
Not to sure, but it was a down trend this morning and now an uptrend.
Gordon And it has changed again to a down trend cable charging for a long? Let's see how it turns out The chf has had a 220 pip fall in price since yesterday, so I think the width of the channel has to do with the size of the move.
It's all good knowledge for future trades as when it happens again we know we have seen it before.
Regards perky_z well ive managed to migrate the fxovereasy page here is the new addy sorry but i got sick of not getting there too yet other peeps had access FXOVEREASY NEW ADDRESSS ess My firewall doesn't allow connecting to the chat (or even to moneytec's own chat) Does anyone knows how to get around the firewall (controlled by the server here at the office)? In regards to any expert backtesting: you cannot retrieve object properties from historical charting.
ie, calling ObjectGet() in an expert will always get the current object on the chart (if its there).
If you run this in a backtest, it will still only get the current object, hence it will of course fail to trade correctly.
Perhaps, an indicator buffer needs to be added to the SHI_Channel (without plotting it) to contain some numerical results of the channel for each bar.
This could be accessible in an expert (and easier than object properties).
The slope as its computed for each bar could be stored in the indicator bar.
I'll look into adding this to the SHI_Channel, but it would require uploading a new version here.
1 Attachment(s) Ok, I use these checks for RSI: RSI>60 for longs and RSI for(i=shift; i>=0; i--){ And-> if( val2!=0 /*&amp;&amp; up==0*/ ){ And-> if( val1 !=0 /*&amp;&amp; dn==0*/){ My backtest were all done in 1 hour.
For the reason that anything that works, would work better in bigger time frames.
I have tested about 4/5 currencies and all failed except EURUSD.
How to get the slope (using the code snippet I had above) (for davidwt the current/last object of a line has the slope ofcourse): Code: if(MIDL2>MIDL1) go long; if(MIDL2 < MIDL1) go short; BTW.
I heard some critizism that I have not shared much code, which I have actually.
I can not easily share my expert as it is tied to a bunch of other scripts that I use a lot.
*** I really wish that Perky would share her expert *** (then there sould also be no qeussing as to what) Here is some more that I deviated from Perky's original without success: For Longs: Laguerre1>0.65 from Perky's /*.15*/ FGor Shorts: Laguerre1Page 5 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 &gt; Originally Posted by foroz You are lucky.
I opened up the charts this morning and do not have a shi channel on my 15 minute CHF chart.
It is there on the other time frames but not there on the 15 minute chart.
I know some who were in the chatroom at the time also reported not having a shi channel on their 15 min CHF chart as well.
Regards foroz My usdchf chart shows a channel.
I'm using I B F X , what are you using? Barcode I have MT4 with data from Metaquotes Software Corp.
There are several people reporting the same problem in the chatroom about not having a shi channel on their 15 min CHF chart.
With Juice you need to wait for the 15 minute period to finish as what may be green during part of that period may well be red by the end of it.
Regards Originally Posted by foroz Barcode I have MT4 with data from Metaquotes Software Corp.
There are several people reporting the same problem in the chatroom about not having a shi channel on their 15 min CHF chart.
With Juice you need to wait for the 15 minute period to finish as what may be green during part of that period may well be red by the end of it.
Regards foroz Thanks for the reply.
Just checked my chf channel, still there, width of 129.
Do you still wait for the period to finish even if the previous Juice bars are green? Personally I'd want to see the close of a period that has confirmed the i_trend as long/short (depending on the direction of your trade), Laguerre has gone down through 0.75 level if going short or has gone through 0.15 if you are going long and that there is one completed period with a green juice bar, then I'd enter on the open of the next period.
One thing I have noted over the past couple of days is that the Laguerre can spend a lot of time running across the top or bottom whislt the market continues to rise or fall.
Regards perky_z Originally Posted by Barcode Hi Perky, Could you clarify some rules for me please: If price breaks out of the channel do you have to wait for the channel to reform or can you wait for price to retreat back into the channel? If you have to wait for the channel to reform, how many pips is considered a breakout? If all indicators line up do you have to wait for the current bar to close? If all indicators line up and juice is the first green bar, should you wait for the bar to close? price breaks from channel you wait for new channel you wait for the current bar to close I consider a complete candle clsed outside the channels a "breakout" not if it breaks out UP the candle must be completely outside the channel and a bull candle visa for a breakout down BUT you will find in 90% of cases the channel will widen or change direction Originally Posted by foroz Personally I'd want to see the close of a period that has confirmed the i_trend as long/short (depending on the direction of your trade), Laguerre has gone down through 0.75 level if going short or has gone through 0.15 if you are going long and that there is one completed period with a green juice bar, then I'd enter on the open of the next period.
One thing I have noted over the past couple of days is that the Laguerre can spend a lot of time running across the top or bottom whislt the market continues to rise or fall.
Regards Foroz Thanks for your insight, much appreciated.
I traded the Aus when all the indicators were saying go, and from the chat room i saw ohers did too.
I was lucky in that prices never reached my s/L as well I don't actually use them.
I know thats very bad money management but haven't been burnt yet luckily hehe.
So I got out when price reached my original entry point and left it at that.
I still think the system is a good I'll continue to use it as it's worked for me in the past 1 bad trade out of a few good ones is nothing to worry bout from my perspective, especially since I didn't actually lose out on any pips, just broke even.
Besides although the Aus faultered the GBP and EURO went go indicators alittle bit after the Aus and they sky rocketed.
Perhaps if i'd spread the wealth around and hedged by investment across the majors it would have been all positive pip territory.
anyways just my thoughts Barcode, I took the AUDUSD trade today, along with Perky.
All the indicators were text book perfect.
We both got stopped out.
Simply a system trade that failed.
No big deal..there are no holy grails that are 100% correct.
But, please do not mislead people into thinking that the loss was due to the trade not being in concert with the system.
It was.
It failed for many, including Peky.
:cool: I concur completely.
There were actually 2 AUD/USD trades that would've stopped out.
To be fair, neither took place at very good times: one at the end of the European session, and the other during the U.S.
afternoon.
And there were possible winning trades on the Eur and GBP.
(I say "possible" because there were some disagreements about their legitimacy in the room, but I thought they met all the criteria).
But if you don't think there were any legit trade setups for the last 2 days, you must be adding additional filters or interpreting the rules differently than many of us...
Originally Posted by sonvolt10 Barcode, I took the AUDUSD trade today, along with Perky.
All the indicators were text book perfect.
We both got stopped out.
Simply a system trade that failed.
No big deal..there are no holy grails that are 100% correct.
But, please do not mislead people into thinking that the loss was due to the trade not being in concert with the system.
It was.
It failed for many, including Peky.
:cool: Originally Posted by sonvolt10 Barcode, I took the AUDUSD trade today, along with Perky.
All the indicators were text book perfect.
We both got stopped out.
Simply a system trade that failed.
No big deal..there are no holy grails that are 100% correct.
But, please do not mislead people into thinking that the loss was due to the trade not being in concert with the system.
It was.
It failed for many, including Peky.
:cool: sonvolt My apologies.
What I should have said was that there were no system trades while I was logged on to chat.
And I had a quick look at all the currencies today and didn't notice any trades that might have occurred after I logged off.
But obviously the channels have changed.
My apologies again.
Just to add my two cents wirth.
I don't think the aussie trade was a "text book perfect".
The shi channel lines were red indicating the channel range was too small and the time of entry the price was near the middle line.
You might recall Perky was not totally convinced and closed out early for a loss rather than wait for the 15 pips stop loss to be hit....which would have happened.
I didn't like the fact it was near the round nuber of 0.7600, but that is one of my own alerts, not one mentioned as being part of the system.
Trading is a judgement call......and one you make for your own trading.
Roll on the next trade? Regards It's all good to me, you'll never get your calls 100% of the time.
If anyone can I'll mortgage my house to them!!!! Honestly.:D Why not you would recoup your money back in no time.
Ahh wishful thinking hehe.
good trading all Hello I would be glad if somebody could upload the SHI Channel which shows the distance from TL1 to TL2.
I tried to insert the following formula Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0)); on the right place but my SHI channel doesn´t show the width of the channel Thank you Originally Posted by perky_z well ive managed to migrate the fxovereasy page here is the new addy sorry but i got sick of not getting there too yet other peeps had access FXOVEREASY NEW ADDRESSS ess Hi Perky, Ignore my email to you regarding your website problems at your previous provider.
I just came across this post.
As a note though, copy you Home.html page to a index.html page.
This will allow people to just type fxovereasy.50webs.com to access you directly.
Cheers, Frank.
PS, thanks for sharing! PSS, if we all start getting rich, I'm going to have to suggest you let me host your site as www.fxovereasy.com.
Cheers! perky_z Originally Posted by fthomas Hi Perky, Ignore my email to you regarding your website problems at your previous provider.
I just came across this post.
As a note though, copy you Home.html page to a index.html page.
This will allow people to just type fxovereasy.50webs.com to access you directly.
Cheers, Frank.
PS, thanks for sharing! PSS, if we all start getting rich, I'm going to have to suggest you let me host your site as www.fxovereasy.com.
Cheers! I was up till 1:30am migrating the pages and for some reason it would accept Index.html of course by now its on your favourites :) so I settled for Home.html I like it its much faster I'm pleased adding Murrey Math&nbsp; 1 Attachment(s) Hi everyone Here's a chart of the method with Murrey Math added........this is what I was talking about in the chatroom.
Regards Sorry, I have no access to the chat room What do you use MM for? Camisa Try this to get access to the chatroom (it's from Perky's message number 188 on page 24 of this thread) FXOVEREASY NEW ADDRESSS ess Then click to enter the Chatroom Regards The problem is mine The firewall here at work doesn't allow connection to java chats.
I can't login to moneytec's also :( Camisa Sorry, I remember now you mentioned that before.
I won't go into Murrey Math now, it was just so the people in the chatroom could see what it looked like.
Work hard.
Regards Originally Posted by sweet hi every one i programmed the SHI_channel to give you an alert when the price reach any of the boundry of the channel( upper or lower chanel).
see you guys:) I think it doesn't work? Did you attach the right file? Hi all! I'm new here and digging my way through the method and indie sources (straightening out the source code).
I found there's implementation of AscTrend on metaquotes.ru which is far more elegant and fast.
Also, there's a minor bug in ITREND: It should read if (Power_Price_0_6==0 /* was 6 */) powerprice=PRICE_CLOSE; No biggie ...
but thought I should mention it anyway.
Markus Originally Posted by Shimodax Hi all! I'm new here and digging my way through the method and indie sources (straightening out the source code).
I found there's implementation of AscTrend on metaquotes.ru which is far more elegant and fast.
Also, there's a minor bug in ITREND: It should read if (Power_Price_0_6==0 /* was 6 */) powerprice=PRICE_CLOSE; No biggie ...
but thought I should mention it anyway.
Markus does not quite help those like me who cant understand russian :confused: Try the code from this link: http://www.metaquotes.ru/forum/5256/ Should be much faster and less memory (the guy (komposter) is a master coder ...
I saw this code developing from the same code perky used ...
in fact it appears that some guy named Ramdass made a first conversion from some messy MQ2 code [Perky seems to have the Ramdass version too] and Komposter optimized it quite nicely).
See this thread http://www.metaquotes.ru/forum/4357/ (just the evolvement of the code).
Markus 1 Attachment(s) Thanks.
I am trying the code.
Does it have an audio alert? ------------- My most recent trades for +34 pips profit (thanks to a little boost by Alan Greenspan) Done for Today.
Thanks Perky !! don_forex Here is my trades for the last week since opening this account...
Interbank FX, LLC Account: 999999 Name: Don Lawson Currency: USD 2005 August 26, 19:02 Closed Transactions: Ticket Open Time Type Lots Item Price S / L T / P Close Time Price Commission Swap Profit 653554 2005.08.19 06:40 balance Deposit 3 000.00 654605 2005.08.19 14:58 buy 1.00 usdjpy 110.52 110.61 0.00 2005.08.19 18:01 110.61 0.00 0.00 81.37 654620 2005.08.19 15:03 buy 1.00 usdchf 1.2724 1.2755 0.0000 2005.08.19 16:35 1.2755 0.00 0.00 243.04 654628 2005.08.19 15:08 sell 1.00 eurusd 1.2170 1.2148 0.0000 2005.08.19 17:42 1.2148 0.00 0.00 220.00 654985 2005.08.19 16:49 buy 1.00 usdchf 1.2765 1.2746 0.0000 2005.08.19 17:50 1.2751 0.00 0.00 -109.80 1190003 2005.08.22 00:11 buy 1.00 eurjpy 134.44 134.31 134.74 2005.08.22 02:07 134.31 0.00 0.00 -117.72 1190033 2005.08.22 00:19 buy 1.00 eurjpy 134.41 134.31 0.00 2005.08.22 02:07 134.31 0.00 0.00 -90.56 1190234 2005.08.22 01:10 buy 1.00 eurjpy 134.38 134.31 134.71 2005.08.22 02:07 134.31 0.00 0.00 -63.39 1190895 2005.08.22 05:32 sell 1.00 eurusd 1.2185 1.2181 0.0000 2005.08.22 08:52 1.2181 0.00 0.00 40.00 1195855 2005.08.23 04:00 buy 1.00 eurjpy 134.14 134.48 0.00 2005.08.23 10:09 134.48 0.00 0.00 309.46 1197801 2005.08.23 14:32 buy 1.00 usdchf 1.2709 1.2706 0.0000 2005.08.23 17:21 1.2730 0.00 0.00 164.96 1198309 2005.08.23 16:07 buy 1.00 audusd 0.7557 0.7534 0.0000 2005.08.23 18:39 0.7560 0.00 0.00 30.00 1198730 2005.08.23 17:33 buy 1.00 eurusd 1.2223 1.2199 0.0000 2005.08.23 19:07 1.2226 0.00 0.00 30.00 1198745 2005.08.23 17:36 buy 1.00 eurusd 1.2216 1.2197 0.0000 2005.08.23 18:20 1.2218 0.00 0.00 20.00 1198890 2005.08.23 18:20 sell 1.00 usdchf 1.2717 1.2716 0.0000 2005.08.23 19:07 1.2715 0.00 0.00 15.73 1199314 2005.08.23 21:03 buy 1.00 usdjpy 109.87 110.18 0.00 2005.08.24 02:57 110.18 0.00 1.59 281.36 1200010 2005.08.23 23:18 sell 1.00 gbpusd 1.8005 1.8029 0.0000 2005.08.24 00:21 1.8004 0.00 0.00 10.00 1215766 2005.08.26 04:01 sell 1.00 usdchf 1.2570 1.2561 0.0000 2005.08.26 08:07 1.2561 0.00 0.00 71.65 1215787 2005.08.26 04:02 buy 1.00 eurusd 1.2295 1.2303 0.0000 2005.08.26 07:47 1.2315 0.00 0.00 200.00 1215811 2005.08.26 04:15 buy 1.00 gbpusd 1.8007 1.8027 0.0000 2005.08.26 08:07 1.8027 0.00 0.00 200.00 1218216 2005.08.26 14:31 sell 1.00 audusd 0.7592 0.7618 0.0000 2005.08.26 18:20 0.7585 0.00 0.00 70.00 1218274 2005.08.26 14:45 sell 1.00 usdchf 1.2562 1.2538 0.0000 2005.08.26 17:06 1.2538 0.00 0.00 191.40 1218322 2005.08.26 14:56 buy 1.00 eurusd 1.2315 1.2324 0.0000 2005.08.26 17:08 1.2324 0.00 0.00 90.00 1218556 2005.08.26 15:33 buy 1.00 eurjpy 135.02 135.23 0.00 2005.08.26 18:14 135.23 0.00 0.00 191.38 1219425 2005.08.26 17:27 sell 1.00 audusd 0.7586 0.7618 0.0000 2005.08.26 18:20 0.7585 0.00 0.00 10.00 Closed P/L: 2 090.47 Open Trades: Ticket Open Time Type Lots Item Price S / L T / P Price Commission Swap Profit No transactions Floating P/L: -0.00 Working Orders: Ticket Open Time Type Lots Item Price S / L T / P Market Price No transactions Summary: Deposit/Withdrawal: 3 000.00 Credit Facility: 0.00 Closed Trade P/L: 2 090.47 Floating P/L: -0.00 Margin: 0.00 Balance: 5 090.47 Equity: 5 090.47 Free Margin: 5 090.47 Details: Gross Profit: 2 471.94 Gross Loss: 381.47 Total Net Profit: 2 090.47 Profit Factor: 6.48 Expected Payoff: 87.10 Absolute Drawdown: 0.00 Maximal Drawdown (%): 381.47 (10.8%) Total Trades: 24 Short Positions (won %): 8 (100.00%) Long Positions (won %): 16 (75.00%) Profit Trades (% of total): 20 (83.33%) Loss trades (% of total): 4 (16.67%) Largest profit trade: 309.46 loss trade: -117.72 Average profit trade: 123.60 loss trade: -95.37 Maximum consecutive wins ($): 17 (1 927.53) consecutive losses ($): 4 (-381.47) Maximal consecutive profit (count): 1 927.53 (17) consecutive loss (count): -381.47 (4) Average consecutive wins: 10 consecutive losses: 4 There were two losing trades.
The first one $109.80, was a separate deal.
The next three were one trade where I thought and hoped I could recoupe my losses.
Didn't happen.
Cut my losses before they hit the stop loss.
I'm trying to combine this system into a super-indicator (and maybe even expert), but need some enlightenment from you pros.
When exactly do I open a deal? My understanding is ENTRY: When Juice is green and I get a signal from iTrend in direction of the Trend and if I want to be sure then also if AscTrend points into the same direction".
Is that right? (I'm currently leaving the width of the Channels out of the equation for a moment).
EXIT: Stoploss 15 points or wait for presignal is Laguerre crossing one of the levels (in according direction, e.g.
down over .75 for a long trade).
If Juice is green, wait to hit opposite Shi-Channel, if Juice is red, wait til Laugerre hits middle.
How does AscTrend fit in here? Thanks Markus I believe ASCTrend acts only as confirmation, doesn't come into play when entering the trade Could you code an alert when price hits one of the bounds of the SHI Channels? Someone posted one but I think it doesnt work PS: very nice results don! Thank you Markus (Shimodax) Good job on error finding and new code links.
It is a lot cleaner code.
And for those that don't read Russian (like mwbro and I): It makes no difference, it (MQ4) is computer language not human language.
Markus, My understanding if you want to follow the system exactly is as follows: Entry Note perkyasctrend1 has now been replaced with fxovereasy - (does the same thing but has arrows instead of dots and is quicker to react - based on psars) The arrow is the alarm which indicates that a trade is almost formed.
To confirm, check the following: 1) Trade is going with the SHI slope 2) Itrend is crossing (red crossing to top - sell, green crossing to top - buy) 3) Laguerre is crossing down through 0.75 for sell or up through 0.15 for buy.
4) Juice is green Exit 1) If juice is red when laguerre hits 0.45 then exit.
2) If juice is green when laguerre hits 0.45 then leave and exit when trade hits the side of the channel it's heading towards.
Set stop to 15 pips.
Don....
thanks for sharing your statement...!!:) Indeed it is nice to get a little inspiration like that from time to time.
I hope that was your real account and you are going to the bank today.
Good trading.
I will post my expert shortly.
Just need to clean it up a bit.
@shahin I don't read Russian either, but I can read MQ4 :-) @overgrowth So, for entry, basically Laguerre lauches the deal, if everythig else is right.
Also, where can I get the asctrend replacement? Thanks! Markus I use Itrend as the primary indicator then check that laguerre has crossed 0.15 or 0.75 in the right direction and juice is green.
Sometimes laguerre is first and sometimes Itrend is first - I don't suppose it matters if you're waiting for confirmation of everything.
Manually trading you get the signal, bring up the chart and then wait until everything is lined up - it can mean you miss the first pips of larger trends, though paying attention to juice keeps you out of any choppy movements.
http://fxovereasy.50webs.com/FxOverEasy.mq4 Anyone making money using this system (which you definitely will do!) make sure you donate a pip to Perky at: http://fxovereasy.50webs.com/Home.html I have noticed the Lagurerre cross happens around the same time the 5EMA crosses with the 13EMA (see my picture posted earlier) This might help you with your expert.
Also, I have an alert set to ring my cell phone each time this happens so I never miss a trade (unless I am in deep sleep).
My wife hates it LOL 2 Attachment(s) Up to date August 28, 2005.
The only experts advisors so far.
Here is my expert (iFXOverEasy1.mq4) with all the indicators.
I wrote it exactly to Perky's rules.
Some of the backtests failed.
(sometimes I think I am giving away all my secrets).
Anyhow this is a good example of how to get custom indicator objects and values - as this is not documented much if at all.
A variation of it by Markus (nickname=Shimodax) is here http://www.strategybuilderfx.com/fo...3&amp;postcount=302.
Corrected PerkyAsctrend1 and i_Trend with bug fixes mentioned before.
Today's thought: I think the angle of channels is more important than the seperation.
Rules (as I understand Perky): Long) Slope is up AND Ask is between upper/lower SHI_Channels AND seperation of Channel is more than 40*points AND Green Itrend is above red AND Laguerre is more than .15 AND Juice is green and PerkyAsctrnd1 has made a buy signal.
Short) just like to above and opposite the only difference is Laguerre is less than .75 (yes it is not symmetrical - but I am going with Perky) Exit Rules: StopLoss=15 with a TrailingStop=10 and TakeProfit=150 ;) Your humble most excellent programmer, Shahin (I take money / donations / charity too) @overgrowth Thanks for the clarification and the link.
As said, I'm rewriting the indicators and the first step will be a meta indicator that sums up the others (the idea is that you'll just have to watch it go to a certain level and then everything should be ready to go).
@jesse I think I saw that.
I ran the asctrend indicator alone together with various emas and the results were quite similar (quite similarly bad, as with all ema-cross based systems).
Also, I'm currently only demoing ...
so there aren't any pips to share.
But I will pay my due if the system earns me real money.
(And probably others will want to donate in my direction tool if the package works well :cool: ).
Thanks @ all Markus shahin, Does the expert trade only euro session? Can you make it so? Thanks for the code you've posted :) Originally Posted by traderpip shahin, Does the expert trade only euro session? Can you make it so? Thanks for the code you've posted :) No.
I feel like spending less time on this because of system failure.
I don't see light or hope for this.
Unless the rules are changed.
alex wong Thanh you Shahinfor the code All times are GMT.
The time now is 15:14.
Page 6 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 &gt; Shahin - you can't backtest the full system because the SHI bars are a fundamental part of entry - and these change dynamically.
You need to set the expert running now and see how it does next week (where there should be plenty of action in the run up to non-farm payroll).
The system works well in live trading - I pulled in plenty of pips today.
We've been trading the following pairs: USD/CHF GBP/USD EUR/USD USD/JPY AUD/USD USD/CAD EUR/JPY Interestingly, Perky's original choice of AUD faired the worst - the more volatility and daily range the better for this system - lots of folks made healthy returns on swissy, cable and EUR today.
Beware guys if you're making experts that the entry is easily coded, though using Perky's rules for exits has not been strictly followed when we've been live trading.
As ever with a good system there's an element of discretion and that comes from knowing exactly the best time to exit - I've used a combination of pivots, chart/candle formations, local S/R levels and tick chart to judge the exit rather than rely on laguerre (in fact I forgot to look at laguerre on exiting - whoops).
Think anyone could code this up for Tradestion? Super platform with free FX data :) @overgrowth (but not only): The SHI_Channel (not SHI bars) is taken into account.
Like I said I followed Perky's rules.
And if you look at my expert you will see it is the first indicator called (on every tick).
Also Perky put her entry/exit rules in the same place (I mean they are the same), and I think that is at least a bit unclear.
A note on backtest.
So this channels are calculated all the time as in a real time.
Not everything is the same as running in Demo live but this is.
Flaws in rules (I don't want to be picky BUT): 1.
Juice.
First she mentiones that get in if everything is cool and juice is red and get out when Lagu...
is at .45.
Only to contradict herself later by saying: "3.
VOLATILITY.
This last but not least indicator is called Juice.
Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green." 2.
Channel seperation which I took to be 40*points Can someone please post me some recent signals (date, time, timeframe, currency pairs) ? I just ran my combo indicator on eurusd/15m and found a signal today 15:00 (European time, about 7 hours ago).
But I'd like to check it with some existing signals if possible.
Thanks! Markus Shahin - firstly, I'm running in live live not demo live and making real money using these triggers lol ! Admittedly, I'm not solely relying on indicators in the system to guide my trades though I've only been entering based on the system rules.
In August markets there tends to be a lack of volume which makes systems like the bunny cross fail, though overeasy has been doing well as it gets in earlier even on short trends and allows you to steal a few pips.
Regarding juice - it all boils down to risk....
If you're feeling daring and can have other visual pointers that the market is moving your way then you can take a trade on red juice - thereby preempting the change of juice from red to green - this way you gain more pips.
If you want to minimise risk then you need to have the patience and discipline to wait for green juice in combination with the other indicators.
This is the only way to get close to the 80% success rate using experts.
Horses for courses really.
I'm not sure about channel separation - though Perky recommends only trading when it's 50 pips or more, this ensures that you have enough space to make a decent return.
Markus - scroll back a couple of pages and check out don_forex's trading log.
The only timeframe used is 15min at present.
Sahin, Reading comprehension must not be your strong suit.
Perky clearly states that you should only enter a trade if Juice is green.
Nowhere does she mention entering on red Juice.
Let me quote from the website in case you missed what I just said: "Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green." And we're supposed to rely upon your backtesting of the system....hahahahahahahahahahahahahahahahaha:p:p:p :p:p :( don_forex Originally Posted by Shimodax Can someone please post me some recent signals (date, time, timeframe, currency pairs) ? I just ran my combo indicator on eurusd/15m and found a signal today 15:00 (European time, about 7 hours ago).
But I'd like to check it with some existing signals if possible.
Thanks! Markus Markus, You might be able to check some times off of my account listing.
You might also take into consideration removing the reference to PAsctrend1 &amp; 2 in the EA that has been created.
I know that when I trade this system (and I would like to think I have been fairly successful) I do not rely on PerkyAsctrend1 as an indicator.
I use all the other indicators to enter and then usually confirm with the PerkyAsctrend1 2 to 3 bars later...
I usually exit with a 15 pip trailing stop but with this EA I will be able to exit with more profit.
I will have to figure that out...
Thanks for your effort.
Don don_forex sonvolt10, That wasn't very nice.
He has provided more to the developement of an EA than you have.
Instead of being critical, why not use that energy to perfect the EA...
Just my 2 pips worth...
Don:) don_forex Sorry.
No one ever accused me of being understated.
While Sahin may have contributed to the EA's, he is now telling everyone that the system does not work based upon backtesting.
How can we rely on his backtesting when he gets the most fundemental aspects of the system completely wrong.
Once again, sorry.
First and foremost, thanks to Perky for this excellent system and to everyone's contribution in this forum and the chat room.
This is a relatively new system, and Perky had only been using it on AUD.
The system is now out in the open and quite a few people (myself included) found it useful and profitable.
I had been lurking in the background of the chat room for the past two days and I felt there are a few clarifications required before we going any further (feel free to correct me if necessary, my memory is not perfect): 1.
the ASCTrend indicator is now being replaced by FXOverEasy, which is identical to a parabolic SAR (instead of dots below and above the price, we now have up and down arrows at the first bar of the changeover).
2.
the SHI indicator has now been improved with two additional parameters: width (default=50) and slope (default=25).
The colour of the channel and mid-line will change from green to red when the width and slope fall below the default value respectively.
3.
next week, Perky will demo trade the system using only the FXOverEasy (par sar) indicator + shi (to confirm trend direction).
She will do this on as many currencies as possible (she said she'll trade 16!) and will post trading statement eventually.
4.
there were debates as to whether trades based on narrow width or shallow slope SHI should count.
To summarize, both width and slope are quite subjective, and eventually, the width setting might need to be individually set for different currencies.
As for slope, steeper means more potentail profits (and time required to reach profit level), but again, an eurjpy trade with a slope of 3 this afternoon was profitable by 20+ pips.
5.
there were also discussion on whether to trade if the price had already reached mid-line of SHI.
Again, this is very subjective.
Most people (Don being one) says wait for a new signal (and don't chase the market).
6.
as already pointed out, it is impossible to backtest the system, mainly because SHI is dymanic.
The only way to perform accurate assessment would be to forward-test.
Don's statement is a very good indication, and I just can't wait for next week's trade + Perky's test! 7.
again, as already pointed out, where to take profit really depends on an individual's outlook and personal target (not least nerve!) All in all, I think it is too early to talk about an EA, as there are still a few tweaks to refine.
Personally, I would dearly love to see a "superindicator" which would combine the non-subjective ones for the system (i.e.
itrend, juice &amp; laguerre).
It would really save some real screen estates and enable us to add our personal favourites on top (CCI, Murray Maths, pivots plus a few had been mentioned).
This "superindicator" + SHI (adapted to individual taste + currency character) should then form the backbone of an excellent system.
Just my two (three, four or five) pennies worth.
Anyone up for the challenge? I know this isn't my system so nobody get mad at me for tweaking, but I found the Laguerre indicator to lag quite a bit and not cross .75 or .15 until well into the trend.
Sometimes this has caused most of the profit to be passed by.
I've changed the Gamma parameter in my Laguerre indicator from .7 to.55.
It seems to make it a bit more sensitive an crosses the .75 and .15 a bit faster to capture the trend earlier.
Nobody has to do this.
I just wanted to try to catch the trend earlier and found it helped to do that.
If you want to do this and don't know how, just double click on the Laguere line and then double click on the .7 to change it.
That's how I do it with my Inter bank FX charts that is.
Good post hambalan and an accurate description of current thoughts on the system.
There are several aspects in "overeasy" which appeal to me: 1) Trade signals rely on multiple indicator confirmations - and the indicators are looking good in a variety of trading conditions.
2) Stop doesn't need to be excessive (essential for money management when day trading).
Today the 15 point stop proved spot on (only just) to avoid having your fingers burned by the stop hunters.
3) Signals are early enough for you to snatch a few pips even on short moves.
Regarding slope - it's always safest to go with the prevailing trend, though when the slope is totally flat but the SHI range indicates a good potential return and all the indicators line up and it's worth taking the trade IMHO.
On the expert front, it's not something I'd use anyway as I trade from the UK and like to be in touch with the market.
The problem with the expert is that it's going to exit with maximum profit at the far SHI bar and that means that it will miss out on the really big profits in strongly trending markets.
The SHI bars will adjust to the new level after you've taken your profits.
Another thing is that the expert won't be able to see candlesticks with long lines at the head and tail everywhere on a particular currency on a given day (i.e.
seriously choppy - keep well away) - I'm not convinced yet that juice would keep you out of that sort of market.
However, the system seems to stack up well in a variety of market conditions and an expert totally following the rules looks as though it will give you a good steady income e.g.
25 pips a day on average.
Trading manually is a different ball game and at present it looks as as though the overeasy system could be used with a bunch of currencies and a good trader could take 20-40 pips on a bad day and 100+ on a good day on average.
I'll be up for the challenge.
kmrunner - that sounds like a good plan, though if laguerre confirms too fast in a ranging market will it mean that we end up flushing 15 pips down the pan? - just a thought...
Originally Posted by don_forex Here is my trades for the last week since opening this account...
There were two losing trades.
The first one $109.80, was a separate deal.
The next three were one trade where I thought and hoped I could recoupe my losses.
Didn't happen.
Cut my losses before they hit the stop loss.
Don Are all your trades following Perky's rules exactly or do you use your own discretion for entries? Originally Posted by sonvolt10 Sahin, Reading comprehension must not be your strong suit.
Perky clearly states that you should only enter a trade if Juice is green.
Nowhere does she mention entering on red Juice.
Let me quote from the website in case you missed what I just said: "Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green." And we're supposed to rely upon your backtesting of the system....hahahahahahahahahahahahahahahahaha:p:p:p :p:p :( I don't like what you said above plus I put what you quoted from Perky in my previous post.
Everybody else you are welcome.
If you can write a better expert then go ahead.
And I just stated the facts on the expert that was not that easy to write.
Actually I have not seen an expert from anybody including Perky.
Let see your comprehension level (which needs checking); or eyesite (read good).
As on Perky's web site: "The second is La Guerre.
When the La Guerre line crosses down through .75 line (top line) look to sell.
When the line crosses up thru .15 line (bottom line) look to buy.
If Juice is still green leave trade to opposite side of channel if it is red then exit trade when La Guerre line reaches its Mid line (.45)." As I said before if you put all your rules for entry/exit then what are those rules entry or exit :confused:, not that it could not be the same but seldom is.
Shahin To clarify: My expert only enters a trade when Juice is green.
:D Exit: Simple StopLoss=15 with a TrailingStop=10, both adjustable as parameters.
Have fun, Shahin ;) don_forex Shahin, You did a great job in getting the foundation layed for an EA that hopefully will be quite profitable! I modified it to use the LaGuerre RSI, SHI_Channel 2 (which is the name I put on it, it is the red and green version).
I took out the logic &amp;&amp; PAsctrnd1 in the buy and &amp;&amp; PAsctrnd2 in the sell.
Can you include the following: 1.
option to use .1 lot sizes (mini) 2.
Buy/Sell sideways arrow when a trade is placed 3.
Audible alert when trade is placed with the option to turn off 4.
A smaller sideways arrow to indicate a closed position This is just for starters, I am sure I will think of some more....
Don :D Originally Posted by Shahin To clarify: My expert only enters a trade when Juice is green.
:D Exit: Simple StopLoss=15 with a TrailingStop=10, both adjustable as parameters.
Have fun, Shahin ;) Shahin Keep up the great work.
I for one appreciate it as most of the traders here do.
Hi Folks, I would like to share a few comments here.
First of all, im currently doing some programming work with this system and will share some results (see my next post).
I started with the original set of indicators which were posted at the beginning of the thread and the initial instuctions.
I also had problems with the instructions, from a programmer's standpoint they are not entirely clear (programming a system is quite different from intuitive understanding).
I don't know what modifications have been made to the system or which ones are in progress as I have not read every post in the 30odd pages here, so I'll stick with the original one.
First, I played with the asctrend thing and I'd say, standalone it is as useless as any EMA based system or any other system that is based on common indicators (and I have backtested quite a few including SAR, and combination with trailing stops etc.).
It may look fine on the chart with the dots painted above the highs and below the lows, but backtest results are always horrible.
However, the system as I understand it is not based on asctrend so I'm currently playing with the full set of indicators recommended there (again, see my next post).
I have also looked at Shahins code.
First, he invested a lot of time (I know it, because it took me a full day to get halfway where he is and I'm a professional programer).
It is possible to backtest the SHI-Channels because the backtester feeds the data into the indicator as if it were realtime, the only difference may be ticks and slippage, but in the 15M timeframe, MT4 does a pretty good job with that.
If the backtest produces losses there are a couple of possibilites.
Either the expert has a bug, or the rules are not clear, or the system does not work by strictly sticking to the rules (which still does not make it useless if it assists discretional decisioins or trades).
As far as I could tell from looking at Shahin's code, there were no obivous errors and it was based on the original indicators (called by iCustom()).
I may still have missed something, and will soon find out when my own expert will be running.
And if I were trading this system (I'm currently only demoing) I'd be most interested in the results.
Anyway, I think Shahin did a great job so far.
And I'll also try to add to the knowledge and tools about the system soon.
I'm also interested in any developments or clarifications from Perky.
I'm not trying to prove anybody wrong, or offend anyone.
For me it's just due diligence before I even thing about trading real money with this.
Having this said, I'll upload in a moment a package with rewritten indicators and a new toy that should help trade the system.
Whoever likes, can use it, share comments and suggestions, etc.
I hope it will be well received ...
Cheers Markus PS: And I don't want to get in competition with Shahin (I started this before I knew he'd publish his expert), I'd rather team up with him (if the efforts and results are desired here).
don_forex Originally Posted by Barcode Don Are all your trades following Perky's rules exactly or do you use your own discretion for entries? Let's put it this way, I am 100% when I follow the rules.
As you can see from my previous post, the last two days of trading resulted in 16 for 16 trades! Follow the Rules! Don don_forex, Unfortunately, I think your request for modifications to the EA will fall on deaf ears.
As per Shahin's recent post..."No.
I feel like spending less time on this because of system failure.
I don't see light or hope for this.
Unless the rules are changed." While I am certainly appreciative of Shahin's effort in creating the EA (mind you I could not even figure out BASIC), I would certainly have a difficult time reconciling his "system failure" with your live (via demo account) results of well over 90% success.
I personally see nothing but light and hope for this system.
I trust you agree.
Hoping that Shahin will revisit and revise his EA so that the results are more accurate...
2 Attachment(s) Okey, dokey ...
Here comes a ZIP archive with the full set of indicators and a new combo indicator which pulls the other indies together in one place to signal the entry.
The files are currently executables only, depending on how it goes I will release the source eventually.
But for now the stuff is in a state of flux and I don't want to have different versions floating around.
At this point I'll need some help of the veterans.
As said, some source was rewritten and I can't be sure that I introduced bugs.
What's definitely necessary is to compare the results to the old indies and compare the signals from the combo indie with the ones you'd manually (visually) generate from the stuff you used before.
Also, I removed most of the input parameters under the impression that anybody was using the defaults anyway.
If you need something back for tweaking, please let me know.
(The individual indicators have some parameters, but the combo currently calls them with fixed values, like 0.7 for the gamma, 4 pips for the juice, etc.).
Before you start, please read the instructions (there's a pdf inside).
Enjoy! Markus Another thing regarding the backtest.
I have recently backtested a system which performed quite well in July and August.
But as soon as the test went further back when the markets made different moves, it failed quite badly.
So, having excellent live results at the moment and a bad backtest doesn't necessarily needs to be a contradiction.
As said, I don't want to devalue this system in any way (otherwise I would not spend time programming for it), but there may be pitfalls lurking in the future.
Markus alex wong Forexovereasy Indicator set thank you Shimodax Thank you don_forex, Barcode and whoever else I forgot.
Don: I can add mini lots no problem or somebody else can.
About the arrows (buy/sell/close) and alarm: Currently it is yellowgreen for buys (entry,modify,exit) and LightBlue for sells.
Alarm is part of normal functionality in MQL3 I think it is here too, but I had it turned off in MQL3 and check in your "options" to see what.
sonvolt10: You see how fast I answered you before so I am listening.
Last guy asked for a change to only trade the Euro open and I saw no value in that anyhow.
Shimodax: I understand and like all your comments about programming and such.
And I have put the source code here as to further the development.
You could add the mini lots if you like.
I am a minimalist type programmer.
Frankly I don't download just executables (without source) as for your last post, however thanks for the contributions.
Shahin BTW.
I am a professional programmer also with 20+years and tons of degrees.
Government wants me to build rockets and I won't do that so here I am.
Most of IBM and such jobs are in India and China.
Shimodax and Shahim, Thank you very much for your efforts.
They are very much appreciated.
I don't know mql programing.
Where can I find some info to start? Personally, I wouldn't trust backtesting on any technique.
I just don't think it'll give accurate results since a person won't be online for every trade like an automated backtest will.
Anyway, that's just my opinion.
If I start trading this live, (hopefully sometime in September) I'd like to contribute some of the first pips to you guys.
Thanks again! Kevin vbmenu_register("postmenu_126202", true); I went thru and checked the expert by Shimodax against the trades taken by don_forex they all lined up except the eurjpy and i am not sure what direction the channel was going at that time.
Everything else looked good.
edit If I would have taken the time to really study the expert it shows that the channel was + so might have been a questionable trade on dons part but I probably would have taken it when everything lined up a few bars later which was still almost a 30 pip gain 1 Attachment(s) Here is results (not bad) of test on EURUSD,1H (not 15 mins) from 2005.7.18 to 2005.8.23 .
Go ahead> Run your own backtests and see (you might get fantastic results).
I really did not backtest that much.
Shahin, What does your iFxOverEasy1 do? Is it for alarms? I clicked on it but nothing happened.
Does it run automatically? Sorry, not a programmer here! Thanks! Oops, I think I figured it out.
I had it under Indicators, it's under EA's now.
I should be ok once the markets start up again! Thanks! perky_z Originally Posted by kmrunner I know this isn't my system so nobody get mad at me for tweaking, but I found the Laguerre indicator to lag quite a bit and not cross .75 or .15 until well into the trend.
Sometimes this has caused most of the profit to be passed by.
I've changed the Gamma parameter in my Laguerre indicator from .7 to.55.
It seems to make it a bit more sensitive an crosses the .75 and .15 a bit faster to capture the trend earlier.
Nobody has to do this.
I just wanted to try to catch the trend earlier and found it helped to do that.
If you want to do this and don't know how, just double click on the Laguere line and then double click on the .7 to change it.
That's how I do it with my Inter bank FX charts that is.
look the only bad thing about tweeking is finding something and that might be better and not sharing it thanks for you input....
perky_z Originally Posted by camisa The problem is mine The firewall here at work doesn't allow connection to java chats.
I can't login to moneytec's also :( Camisa its IRC chat so you may be able to attend chat via mirc you will have to read up how on www.freejavachat.com but irc isnt an easy beast to master google mirc and it if works from work i can get you the server address Perky, Thank you for the system.
Looks promising especially for your star student Don_forex! I hope to be more disciplined like him next week and have many winning days.
Kevin perky_z Originally Posted by Shahin Ok here is my expert with all the indicators.
I wrote it exactly to Perky's rules.
But lost money in backtest.
Only two indicators PerkyAsctrend1 and i_Trend have some minor fixes mentioned above.
Today's thought: I think the angle of channels is more important than the seperation.
ps.
I see she finally got an expert too, great.
No @overgrowth http://fxovereasy.50webs.com/FxOverEasy.mq4 is not an expert but an indicator.
;) Your humble most excellent programmer, Shahin (I take money / donations / charity too) you hard work is appreciated its really strange i dont have that bug in my I_trend and I havent fixed it any way the fixed version chould be on the web site because i loaded it from thi computer..
thanks for your keen eye...
PLEASE TAKE NOTE: the FxOverEasy.mq4 is still in test and to be used in demo or at your own discretion Hi Perky (or ellie4), I hope all is well.
So what do you think of the expert I got.
Is it correct? Or something I could improve upon? Thank you for all your contributions, Shahin:D Ganja-Man hmm from what i c the expert isnt enter by the PerkyAsctrend there is bugs on the expert i think Hello everyone It has been an interesting week for most of us who now have one week's experience of trading/demo-ing/looking at/chatting/writing about this system.
Some people may have two weeks experience other than perky_z who set it up for herself to trade the aussie dollar.
We have adopted it as our own child and have immediately sought to discipline it according to our own styles.
We didn't like how it was dressed as an aussie, other than occasionally, we preferred to give it clothing in pounds, euros, yen, euro/yen, swiss francs and canadian dollars and some, to be totally contrarian also decided to have our new child stand out dressed in the dow indices! How did our child behave with all this prodding and poking from its' adoring aunts and uncles............extremely well for this week.
Heavens forbid, some of its' new rellies wanted to make it drink green Juice continuously and fought to find a way to make a child Juiced up all day.
I want to thank perky_z for sharing her child.
Thanks to those of you who can program in metatrader language and willingly share what you do with us.
Looking forward to next week.
For those in the UK have a good long weekend.
Regards @kmrunner MQL programming isn't the easiest thing in the world.
I wouldn't know how to start it ....
probably by starting to look at simple samples (simple indicators are best).
It is similar to the C programming language (but not identical), so a book on C programming for beginners should also definitely help.
Regarding backtest.
Opoinions may differ, but I believe backtests are good and valid.
It's not an outlook into the future, but helps to see how a system performs on different market conditions.
I have seen systems which performed well over a month but miserably failed in others.
Imagine starting to use a system with gambling money, having some successes and then going into it with serios money before the market changes.
@robey Thanks for checking the combo signals with don's list.
It's quite valuable to me to hear that they match up.
Should be a good platform to continue some developents then.
@don Would you care to try the indicator set beside your current setup? @all what roles does the AscTrend or the new FXOverEasy sar based indicator in your use? Does it help filter out deals or make them better? Thanks! Markus Perky: Thanks for the tip about mirc, I use it a lot in fact but it too doesn't work at work because of the firewall so i'm restricted to chatting from home :( From our programmers I would ask 2 things to save me from loosing trades at night: One: take the fxoverasy indicator (with the arrows) and make it alert only when SHI channels agree (only alert for buys when SHI is positive and vice versa).
Should be easy with the iCustom function I think Second: put an alert on SHI Channels when price reaches an extreme I'll start live with the system this week using CMS broker so I need to be waken up at night so not to loose any trade PS- if possible make the alert sound only once All times are GMT.
The time now is 15:14.
Page 7 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 &gt; @alex Originally Posted by alex wong Forexovereasy Indicator set thank you Shimodax You're most welcome! Thanks! Markus I like to add some personal rules when trading this system (I have been doing it for a few weeks, before it was posted here).
for example: -dont enter a trade if a pivot point or major support/resistance are less then 10 pips away.
Granted this makes you miss a lot of good trades, but, it weeds out a good chunk of the bad ones.
The system generates plenty of set-ups, just wait for the "perfect" one.
If you add in your own personal guidlines, you can probably get your win% up to 65% or more :) Originally Posted by UncleJesse dont enter a trade if a pivot point or major support/resistance are less then 10 pips away.
Are you adding the Pivots based on days (like previous day's candle) or are you just looking for your own substantial high/lows to compute these from? Thanks! Markus UncleJesse What currencies have you been trading? Which one has the greatest % return? I thought Perky said that the % winners were greater than 80%.....but I appreciate she has only been trading the aussie.
Regards I am VERY new to forex so please dont take anything I say too seriously.
I have been using pivot data calculated from previous days high/low.
I use the custom pivot-lines indicator on MetaTrader.
I have been doing all pairs while I am awake.
The EUR/USD and USD/CHF seemed to perform the best this past week.
>PerkyAsctrend1 (I made sure it generates signal for the current bar - which I call a minor bug, then I also took out the part were it remmembers if it had generated a signal for buy or sell and would not produce another buy after a buy - So my version of PerkyAsctrend1 will produce a signal everytime it sees it regardless of previous state, making more signals).
>>i_Trend (fix that Markus found), a minor bug - basicly a variable that is used was not being initilized correctly (Perky has incorporated this change now).
After some people run some backtest or forward test and tell me if this system fits Perky's rules and such.:rolleyes: Originally Posted by alex wong Shahin the iFxOverEasy.mq4 it can't see plot in the MT4:( the 4 indicators is working good but not the iFxOverEasy,is iFxOverEasy indicators?:o thank you That is not the one I wrote (that is just an indicator).
Look at my post above.
Originally Posted by hambalan the second problem relates to the Combo indicator.
It appears that sometimes, the Combo provide a signal on time, but occassionally, it can be delayed by one or two bars (see attached charts) In the first chart, I think the signal should come two bars earlier, and likewise for the second chart, one bar earlier.
I welcome comments from everyone (particularly whether they can reproduce the same problem).
Thanks a lot.
PS - the charts for this and the previous post is GBPUSD for 25-26 August (15 min, of course) Delayed signal is due to PerkyAsctrend1.mq4 (I fixed that bug and it is in my version of indicators) with source and all.
Look at my post above the previous.
thanks shahin you da man! don_forex I find the only problem I have is in backtesting in general.
I don't trade based on candles closing, I trade tick by tick.
My entry might be good one second and not the next.
Same way with exiting a position.
What do you think? :confused: Don Well, great set of indicators!!!! Specially historical SHI slope, now we can do some backtest! Don: I'm going to enter at close of candles because following the market to the tick for 6 pairs all day is too much for me What I need are some alerts to call my attention 1 Attachment(s) I spent a bit of time on Shahins Expert today and made a few mods.
First I changed it the way, that it only triggers a signal when Laguerre actually crosses the line in the descibed directions.
Also added an option to take ASCTrend into account or not (Percy writes that it's just for the weary).
Also added some different profit taking, a trigger level at which the trailstop is activated (e.g.
with a profit of 15 pips begin trailing a stop of 10 pips).
I ran a backtest on this month EURUSD/15M without AscTrend and must say that, while not entirely being thrilled, that I've seen worse results in tests.
(60-100 Pips total depending on the exit parameters).
It sure needs more testing on longer time periods and other currencly paris and probably some tweaking of the paramters (or implentation of Perky's profit taking scheme).
If anyone wants to continue playing with it, here is the mod.
Markus don_forex Originally Posted by camisa Well, great set of indicators!!!! Specially historical SHI slope, now we can do some backtest! Don: I'm going to enter at close of candles because following the market to the tick for 6 pairs all day is too much for me What I need are some alerts to call my attention The only problem is you can let too many pips go by that way.
Most of the time you will never be in more than 2-4 positions anyway.
Don @don the MT backtest works on the tick.
It may not be exactly the same kind of ticks you see, but it does it's job tickwise (unless you programm it otherwise).
Markus Originally Posted by camisa What I need are some alerts to call my attention Once it's clear that my combo indicator calculates the right signals, an alert is the least of all problems.
Markus don_forex My understanding is it only collected upto 1m increment information.
Am I wrong?:confused: Don @hambalan You're right ...
the Lagurerre graph looks weird (I have seen this before, but thought I've fixed it).
Will have to check if it will affect the operation.
In the two charts the singals seem late, also right ...
will try to see if I can reproduce that here.
Thanks for the keen eye.
Markus What a great thead we have going here.
I have been trading and watching and evaluating this system over the last week.
So far I am 5 for 6 the loser was a made up trade.
Shimodax - you are on the right track my friend but your signals are delayed by one bar for some reason on most of the trades.
Shahin - you code cruncher you ..
Doing a great job I must add ..
You are following the rules to the utmost extent.
If you have traded it yourself you would find the following.
!.
Forget the Perkytrend1 signal from the code.
2.
Concentrate on when the Laguerre indicator crosses the 0.75 and the 0.15 with a prior cross in the I-trend.
3.
You must have Juice and decent amount of it.
4.
A previous cross of the I_trend is nice.
So in Lamen terms Long = Laguerre>0.15 + Juice > 0 + Previous I-trend cross + SHI Channel > 30 degree angle Short = Laguerre 0 + Previous I-trend cross + SHI Channel > 30 degree angle.
Code that and we may have a winner.
Benos in the room...
You don't trade by the minute, do you? I think 1M ticks (and some artifical ticks are interplated from the corner points of the minute) should not make too much difference when trading in the 15M chart.
Markus @gado Originally Posted by gado SHI Channel > 30 degree angle.
Code that and we may have a winner.
The angle depends on the screen layout.
What's your trigger for the slope? (displayed in the upper left corner when SHI is on the chart) Will try to take care of the timing tomorrow.
Markus alex wong 1 Attachment(s) o.k to me still working on it don_forex Hey Benos! How are you? The only thing I differ in opinion in, is that it isn't necessary for the slope to be greater than 30.
At least not in my trading experiences...
Angle of the slope merely reflects the time it might take to take your profit.
Steep angle, short amount of time; shallow angle, longer amount of time.
I have had trades last only a few bars and others last hours...
Just my two pips worth...
Don Shimodax &amp; Shalin, Thanks again for the indicator and expert packages.
As I said previously, I think it is far too early to code an expert for the system, as the rules are constantly evolving, being refined and tweaked when more and more people are testing it over different currencies.
As a prime example, PerkyAsctrend was never meant to be a critical part of the system.
Its primary purpose is to confirm the trade, but most people who follow the system (and either live or demo trade this in the chat room) now disregard this indicator altogether.
Perky has now replaced this with a parabolic SAR indicator.
She will test it over the next week.
Again, the effectiveness of this is still under investigation.
Personally, I favour ASCTrend (as modified by Komposterius) as suggested earlier.
I hate to repeat myself, as my view on the subject is spelt out in detail in my previous post (#253 on page 32 of this thread).
In essence, I think we need a "super-indicator" for iTrend, Laguerre &amp; Juice in the first instance.
Even this is not without its problem - e.g.
while a computer can easily see if the red line of iTrend has crossed the green, sometimes they are very close together over several bars.
A human can make a subjective call whether to trade or not in conjunction with other indicators and market condition, a computer will just churn out signals regardless.
Hopefully, by the time everyone is more or less happy with this super-indicator, guidelines regarding other matters (e.g.
SHI width / slope, profit target, stops etc) will emerge for us to take the system forward.
To conclude, I like this system (a lot) and see a lot of potential in it.
BUT, one step at a time, please.............
As usual, comments are always more than welcome.
PS.
personally, the chat room is a great place to learn the system, as like-minded "traders" can put their heads together and hopefully, ensure the success of FXOverEasy in the long run! don_forex Originally Posted by Shimodax You don't trade by the minute, do you? I think 1M ticks (and some artifical ticks are interplated from the corner points of the minute) should not make too much difference when trading in the 15M chart.
Markus I only use the 15m chart for both entry and exit.
Having said that, 15 minutes is a long time for a sudden movement.
I have seen a candle move 20-30 pips in a matter of 1-2 minutes...
I am only concerned that people will think that backtesting won't accurately show what this system is capable of doing...
An EA will do wonders once all the bugs are worked out.
I plan to use the EA, but I will still monitor as I can until my acct is large enough to handle any drawdown the EA will produce.
I wish I could contribute more to the process of programming this thing, my skills as a programmer suck! :o Don 1 Attachment(s) for the benefit of new comers, and to demonstrate my latest set up, my GBP chart looks something like this.
The indicators are:SHI channel (with colour)ASCTrend (as modified by Komposterius) blue=bullish, red=bearish, green=neutralFXOverEasy (essentially a parabolic SAR)iTrend (default setting)Laguerre (gamma changed from 0.7 to 0.6)Juice (default setting)Hope this helps don_forex Hambalan, One thought about the PerkyAscTrend1...
Primarily, I use the indicators as prescribed by the system.
However...
There has been occasion where the PerkyAscTrend1 will show up prior to the indicators coming into alignment.
I have taken these trades.
The position might go -10 to -15 pips prior to turning around, but, I have always gone positive! Just my two pips worth...
Don Lguerre gamma setting&nbsp; 1 Attachment(s) before anyone ask why change gamma of Lguerre, herewith a comparsion.
The difference may not seem great, but it does cut out the lag of LG and the crossover of LG over the .15 and .75 lines usually occur 1 or 2 bars earlier (it does make a differnece if you trade this system).
FYI, gamma for the first and second LG is set at 0.6 &amp; 0.7 respectively.
@don Backtesting is not real life testing, that's clear.
But many systems I've backtested so far have fared so bad, that you wouldn't even have been able to resuce them, if you allowed them to buy even for a price 1 minute *before* the signal.
So to me it's an indication if it's worth a 2nd look and what to expect.
The test I made with the modified EA an hour ago (posted a page back), where I took out the asctrend, did look at least promising.
It was just one currency and just one month (those indicators really burn cpu cycles :o), so there maybe more to come.
But my experience is, that if a system fails miserably (and I don't mean Perky's here) in the backtest, it's not the rougher ticks.
@hambalan I guess the super indicator is on the way ...
but the first step for such stuff is to publish it to find the bugs and polish the edges.
:cool: And a backtest (be it back or forward) or a software to automatically demo forward may offer the opportunity to validate various modifications to the strategy.
If a test fails, it always rises the question: What can we make better and how can we check that the change is indeed an improvement.
Just my two pips ...
keep up the good work :D Markus Originally Posted by don_forex Hambalan, One thought about the PerkyAscTrend1...
Primarily, I use the indicators as prescribed by the system.
However...
There has been occasion where the PerkyAscTrend1 will show up prior to the indicators coming into alignment.
I have taken these trades.
The position might go -10 to -15 pips prior to turning around, but, I have always gone positive! Just my two pips worth...
Don Don, Thanks.
Please see the above charts.
I think ASCTrend (as modified by Komposterius) inproves the situation even better.
What do you think? Originally Posted by Shimodax @hambalan I guess the super indicator is on the way ...
but the first step for such stuff is to publish it to find the bugs and polish the edges.
:cool: Markus, Once again, thanks a lot for the coding so far.
In our case here, it it not just polising the computer code.
The system rules has quite a few tweaks and refinement yet to appear.
Regards, Hambalan ASCTrend (as modified by Komposterius) I think I missed this.
Where did you get that from? don_forex Hambalan, With reference to my last post, did you notice the last two buy signals that were located on the lower SHI_Channel? Those are perfect examples of what I was talking about.
I would enter a position if that was to show up prior to the indicators coming around...
Don All times are GMT.
The time now is 15:14.
Page 8 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 &gt; Originally Posted by don_forex Hambalan, One thought about the PerkyAscTrend1...
Primarily, I use the indicators as prescribed by the system.
However...
There has been occasion where the PerkyAscTrend1 will show up prior to the indicators coming into alignment.
I have taken these trades.
The position might go -10 to -15 pips prior to turning around, but, I have always gone positive! Just my two pips worth...
Don i agree dan PerkyAscTrend1 is not accurate but ive examined all my charts last week and this indicator in general promised profit (must have juice)...you must be prepared for some choppiness with the market have a good stoploss (like 20 at least) it will get stormy but in the end with patience you will profit.
I tend to stick with top and bottom channel entries with PerkyAsc(mid-channel entries can be dangerous)...i look forward to more demoing next week don_forex As far as an entry goes, I would recommend that a position should be opened if Asctrend is indicated prior to all others.
if asctrend(up/down) is true, then open position else wait for indicators.
Sorry I don't know code...:o Don Wow! I only turned my back for a little while and this thread has gone from 7 pages to 41 in a matter of a couple of days.
This must be one of the most popular systems ever! Nice to see everyone contributing so freely - I wish I could program like some of you guys and gals on here.
As someone else already mentioned I have found that the profitable trades are when the price is at the top of the SHI-channel or at the bottom.
Keep up the good work everyone I think perkyz has started something here that is going to continue for a long time to come in various forms and adaptations.
I am sure some people will be combining it with their own system that they are already using with devastating effect.
@all Regarding PercyAscTrend and derivates I have a small demostration/experiment.
There are two screenshots here.
Please view both and ask yourself which of the two versions you would use (Blue is a buy signal, Red is sell).
(more below the screens) Picture has been resized, click for full size pic Picture has been resized, click for full size pic Now ...
both are identical systems (standard AscPercy) ...
but the second indicates the price you could really expect to get for a trad when the signal is generated.
No wonder people who sell trading systems always put their indicators below and above the charts.
:rolleyes: Markus Originally Posted by kmrunner ASCTrend (as modified by Komposterius) I think I missed this.
Where did you get that from? as mentioned by Shimodax in post #224 (p28) and #226 (p29) well worth a try, IMHO Originally Posted by don_forex As far as an entry goes, I would recommend that a position should be opened if Asctrend is indicated prior to all others.
if asctrend(up/down) is true, then open position else wait for indicators.
Sorry I don't know code...:o Don Sorry, Don, which chart / currency &amp; date?? please.
don_forex Originally Posted by hambalan Sorry, Don, which chart / currency &amp; date?? please.
Your post #317...
Don Two more things about the indicators.
I'm not sure about the AscTrend version from "Komposterius" but all AscTrends I have seen including that optimized one from the russian website (modified by Komposter) generate exactly the same signals (I had them all on the same charts together when I made my own mods [which were also only programming issues]).
The Komposter version ist just more elegant in coding and burns a lot less cpu cycles? However, what seems to be a real winner is the SHI Channels.
I have dug around a bit and it also originates on metaquotes.ru, also -- like the asctrend source -- going back to some thing named Moving Channels which was a MT2 or MT3 project.
I haven't followed it further yet, but I'm amazed at the elegance of the approach and the apparent usefulness.
Btw.
Metatrader seems to be a Russian software and from what I see in the program and community there [although I don't understand a word] there must be a couple of very bright guys over there.
(One has to wonder why such bright guys make their money programming rather than in the fx market ...
maybe they are even brighter then we know ;-)).
Well, back to coding ...
:D Cheers Markus Originally Posted by Shimodax No wonder people who sell trading systems always put their indicators below and above the charts.
:rolleyes: Markus Markus, I agree wholeheartly.
Some of the indicators that system builders try to sell look excellent on paper (chart) until you try it for real.
Then you realized that entry/exit is the key to success (or more often, failure) ;) ;) I am trying to download the indicators into but i keep getting errors when i check it but it worked fine when i downloaded it into metatrador can anyone help? Two more comments about ASC-Trend: The FXOE-Asctrend in my package (page 34 or file area in case you missed it) is the Komposter version.
It can be used independent from the the other stuff in the packet.
And if you want to know, how to make money with asctrend then google for "easctrend" (ironically I found this thread after I had seen easctrend in an ad in a magazine and tried to find more information ;)).
Markus 1 Attachment(s) Originally Posted by don_forex Hambalan, With reference to my last post, did you notice the last two buy signals that were located on the lower SHI_Channel? Those are perfect examples of what I was talking about.
I would enter a position if that was to show up prior to the indicators coming around...
Don I have put all three indicators on the same chart for all to see:blue/pink dots - original PerkyAsctrend1 indicatorgreen / red arrows - FXOverEasy indicator (identical to parabolic SAR)blue / red / green lines - ASCTrend (as modified by Komposterius)Use one, two, three or none.
Take your pick, readers! ASCTrend &amp; Parabolic SAR&nbsp; Essentially, ASCTrend set buy and sell ranges based on previous price action, while parabolic is similar to moving averages but move with higher acceleration.
If anyone is interested for more details concerning ASCTrend and Parabolic, see the following links: Parabolic on Metaquotes site Discussion on ASCTrend on another forum Hope this helps.
@hambalan Btw, I noted blue/red/green price bars in your chart.
Is that an MT feature or a special indicator? Also, as far as I know PSAR is mostly used to play the role of a trailing stop.
Markus alex wong 1 Attachment(s) hambalan thank you i got it:D I'm not sure but I think I'm getting lost with all the revisions of the indicators.
I thought I've downloaded them all but I can't find the "FXOverEasy indicator" that gives the green and red arrows.
Are there many differences between Shimodax and Shamin's indicators? Maybe someone can post the lastest indicators with the latest inprovements.
I like the red and blue Asctrend.
Thanks What is the FXOE-SHIslope indicator doing for me that looking at the SHI slope directly isn't doing? Originally Posted by Shimodax @hambalan Btw, I noted blue/red/green price bars in your chart.
Is that an MT feature or a special indicator? Also, as far as I know PSAR is mostly used to play the role of a trailing stop.
Markus Markus, Haha, that is why I prefer ASCTrend (as modified by Komposterius).
:D :cool: ;) Instead of giving dots or arrows, the signal is intergrated with the price bar.
One more additional feature is that not only would it give bullish or bearish indications (blue/red or whatever colour combination bars you want), it also indicate neutral zones (to me, it means sitting on the side line waiting to see what would happen next, thus a good indication of possible trend change or time to take action to protect your profit so far).
Indeed, it is more akin to the commerical product that you suggested googleing for.
As for parabolic sar, it is very similar to moving averages.
Most trader I know use it to indicate impending trend change.
BTW (for newbies reading this), I must stress that one must never rely solely on either ASCTrend or parabolic to trade.
Particularly in choppy markets, you'll get wiped out in no time.
You have been warned....:eek: Hope this helps.
alex wong 1 Attachment(s) Originally Posted by kmrunner I'm not sure but I think I'm getting lost with all the revisions of the indicators.
I thought I've downloaded them all but I can't find the "FXOverEasy indicator" that gives the green and red arrows.
Are there many differences between Shimodax and Shamin's indicators? Maybe someone can post the lastest indicators with the latest inprovements.
I like the red and blue Asctrend.
Thanks kmrunner Asctrend indicators Originally Posted by kmrunner I'm not sure but I think I'm getting lost with all the revisions of the indicators.
I thought I've downloaded them all but I can't find the "FXOverEasy indicator" that gives the green and red arrows.
Are there many differences between Shimodax and Shamin's indicators? Maybe someone can post the lastest indicators with the latest inprovements.
I like the red and blue Asctrend.
Thanks for the FXOverEasy indicator (again, may I stress that this is identical to a standard parabolic sar indicator) on Perky's site, try this Alternatively, just add the "parabolic" indicator which is available in you MT4 platform.
don_forex Originally Posted by kmrunner What is the FXOE-SHIslope indicator doing for me that looking at the SHI slope directly isn't doing? The indicator is presenting the angle of the previous angle.
The taller the bar, the steeper the angle was...
And conversely, the shorter the bar, the shallower it was....
Hope this clarifies your question...
Don ASCTrend - Komposter or Komposterius??&nbsp; to avoid confusion, kindly note that ASCTrend by Komposter (as mentioned by Shimodax) and ASCTrend (as modified by Komposterius) used by yours truely is one and the same indicator.
I use Komposterius because that is the "nick" he used for his email.
If Shimodax has no objection, I think we can rename it "ASCTrendK" from now on.
Much simplier, don't you think? :) I am trying to download the indicators to one of the brokers but i keep getting token errors anybody know what that is about? Hi guys, Interesting system, so in short this system is for range bound market? Thanks OKL Offical home page:http://fxovereasy.50webs.com/Home.html Chat:http://www.freejavachat.com/chat.php?chan=fxovereasy MT4 indicators: which is which :confused:?? @hambalan Can you please post the one you found here.
The one I have from Komposter (and which is part of my archive) definitely does not modify the bars ...
it just had the calculation optimized.
I guess you must have found something else, hence the confusion.
Cheers Markus 1 Attachment(s) @all New version of the indicator set attached.
If you find any new problems that make it unusable etc, please refer to the first one on page 34 of this thread.
Please refer to the PDF inside for further instructions (if you're new to this please [pretty please with sugar coating :)] read the doc first).
@hambalan Can you please recheck the LRSI and signal timing.
It should be fixed now.
Version History: V0.50 - Initial set of indicators with FXOE-Combo V0.51 - Breakout markers missing from SHICHannel.
- SHIChannel descriptions on upward channels fixed (upper/lower was swapped) - Signal was sometimes delayed by 2-3 bars - Display error in LaguerreRSI (thanks to hambalan for spotting this) Hi, I have been looking at this system last week in real time and it looks good.
Can anybody advise on the best exit signals using this system ? thanks Ian The bug (now elevated to major bug) in original PerkyAsctrend1 becuase the main loop of this indictor stops short of the current bar.
Which is only incorrect in Perky's version.
The original and another version that I had, both check for the current bar also.
Basicly the condition of the loop in Perky's is ".15...
would you then say ...LaguerreRSI(current)>LaguerreRSI(previous) and LaguerreRSI>0.15? Sorry if the grammar is incorrect.
I don't know syntax very well...
Don Almost correct.
I would say the initial conditions is LaguerreRSI(prev 1 or 2 bars) < 0.15 and LaguerreRSI(current) > 0.15.
Once the initial condition is met, then a state is maintained for this condition being met until another condition invalidates it.
It has not been discussed much as to what conditions would invalidate it.
I would think that it is invalidated sometime before the LaguerreRSI sets a sell signal.
For example, Don, if LaguerreRSI reaches 1.0 (at the top), long after it crossed up over 0.15, and all the other signals just lined up for a buy, would you initiate a buy? Or same situation except the LaguerreRSI almost reaches 0.75 (but not quite) but is now heading back down and all others trigger a buy signal? The reason I'm 'picking on' LaguerreRSI is because its not as clear cut as some of the other rules.
I_trend is easy, it is in an either or state; one line is above the other.
Juice is either red or green.
SHI_channel is either heading up or down.
But the rule for LaguerreRSI is a cross-over rule and possilby contains some gray areas of decision.
I'm curious as to how those gray areas are being handled in the combined indicator or the experts.
Another discretionary or gray area is how long does one allow between the separate triggers for a buy (or sell) before its considered too late.
You know what Mark Fisher says about time? It is at least as important as price, if not more.
He says traders concentrate on price (or indicator values) and miss the importance of time.
He likes to say that he is in for immediate gratification :).
ie, if the trade doesn't pan out in X minutes, he is out of the trade and looking for the next opportunity.
He is not going to waste his time on dead or bad trades.
perky_z oh my god! I go to sleep and wake up and there 5 or 6 more pages here This system must be good I might try it myself - just joking...
well today i finished yet another indicator not the super indicator but...
I still feel eyes are better than indicators..
I made the mistake of posting the fxovereasy (psar entry) too early because it has been cobbled up as soon as I posted it..
so I need to test the new one..
i will monday tuesday as you know I am demo testing it next week but it look promising I had this system in my head and trried to put it on paper and the explaination is becoming clearer Fxovereasy should now speak!!! yes no more "ok" ing alerts it speaks alerting you of a trading op and can be switched on or off As to Perkyasctrend that was MY conversion of the mlqII version and is now redundant..
Im seeing things in the system i never saw before and I thank you all for your input..
Last week we had 50 pairs of eyes looking for indicators and giving opinions - Great work.
By law I cannot give calls of trades so puppet traders please dont ask all I will do is teach you to think for yourself.
see you all monday!!! perky_z Originally Posted by hambalan before anyone ask why change gamma of Lguerre, herewith a comparsion.
The difference may not seem great, but it does cut out the lag of LG and the crossover of LG over the .15 and .75 lines usually occur 1 or 2 bars earlier (it does make a differnece if you trade this system).
FYI, gamma for the first and second LG is set at 0.6 &amp; 0.7 respectively.
note Univertity tests prove the original laguerre is the optimal setting thanks for your chart comparisons and on the o.6 version i see false signals creeping on so be warned because looking on a chart all trades are easy to pick but when you are on the "hard right edge" deciding to make a trade things can be different..
remember : "we are keeping our pips while all around us are losing theirs" Hi guys, I'm not a programmer by trade but I do have some experience in C, Basic and Macromedia ActionScript.
Anyway, I've been playing around with the FXOverEasy1 EA and made some minor modifications.
The first thing I noticed (as mentioned by davidwt and others) was that the entry conditions weren't set up correctly.
Saying that Laguerre is greater than 0.15 (buy) or less than 0.75 (sell) isn't sufficient enough.
As you know, we need to look for a crossing of the threshold.
This is very simple to code by defining two variables, for example Laguerre1Current and Laguerre1Previous...
Code: double Laguerre1Current=iCustom(NULL,0,"Laguerre",0,0); double Laguerre1Previous=iCustom(NULL,0,"Laguerre",0,1); The last parameter in the iCustom call sets the bar to use.
A 0 calculates Laguerre for the current bar, while a 1 shifts the time period back a bar.
To check for a crossing of the 0.15 threshold (buy) we can use: Code: if(Laguerre1Current>0.15 &amp;&amp; Laguerre1PreviousPage 9 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 &gt; Can I make a suggestion? Since so many people are downloading teh different indicators and since a few people are programming, can we change the names of the indicators to make it easier to keep track? My suggestion would be to name them: Example: OEitrend827a OEacstrend827a OElagurre827a OEshichannel827a etc.
now if someone else modifies it today, they would change the name to OEitrend827b, or OElguerre827b etc.
The 827 being todays date.
Now if someone modifies it tomorrow, i'tll become OEitrend828a or b or c or d depending on how many times it gets modified in one day.
Does this make sense? Can we or someone decide what the most current indicators are and post them as the new names? I really think it will cut down on the confusion and help even the programmers keep track.
don_forex Originally Posted by sapper Hi guys, I'm not a programmer by trade but I do have some experience in C, Basic and Macromedia ActionScript.
Anyway, I've been playing around with the FXOverEasy1 EA and made some minor modifications.
The first thing I noticed (as mentioned by davidwt and others) was that the entry conditions weren't set up correctly.
Saying that Laguerre is greater than 0.15 (buy) or less than 0.75 (sell) isn't sufficient enough.
As you know, we need to look for a crossing of the threshold.
This is very simple to code by defining two variables, for example Laguerre1Current and Laguerre1Previous...
Code: double Laguerre1Current=iCustom(NULL,0,"Laguerre",0,0); double Laguerre1Previous=iCustom(NULL,0,"Laguerre",0,1); The last parameter in the iCustom call sets the bar to use.
A 0 calculates Laguerre for the current bar, while a 1 shifts the time period back a bar.
To check for a crossing of the 0.15 threshold (buy) we can use: Code: if(Laguerre1Current>0.15 &amp;&amp; Laguerre1Previous.15 and lrsi(previous)previous and current > .15 Just my two pips worth, Don Originally Posted by don_forex You can't just say lrsi(current)>.15 and lrsi(previous)previous and current > .15 Just my two pips worth, Don Don, I know what you're getting at, but this method works.
Don't ask me how but I think it may be the way MetaTrader uses period data to calculate current and previous levels.
Anyway, it's crude and I'm not happy with it in this form.
However it does give me the following results: (Mini account, 200:1, 1 lot trades, GBP/USD, S/L=15, T/P=20, 300 start balance) #TimeTypeOrderLotsPriceS / LT / PProfitBalance12005.08.23 23:18sell10.101.80031.80181.798322005.08.24 03:42t/p10.101.79831.80181.798318.43318.4332005.08.25 02:51buy20.101.80031.79881.802342005.08.25 03:10t/p20.101.80231.79881.802320.00338.4352005.08.25 16:24buy30.101.80241.80091.804462005.08.25 17:13t/p30.101.80441.80091.804420.00358.4372005.08.26 04:27buy40.101.80111.79961.803182005.08.26 06:16t/p40.101.80311.79961.803120.00378.4392005.08.26 15:09buy50.101.80601.80451.8080102005.08.26 16:24t/p50.101.80801.80451.808020.00398.43 Looks nice, but it starts to fail if you go any further back than the indicators draw.
Difficult to develop too, as you can't really do a visual check more than 3 days ago.
What I'd like to do is make it identify a buy/sell signal for each indicator, then if they all agree within a certain timeframe an order is placed.
Nothing difficult, but it does introduce another variable into the equation.
How long do you wait for everything to line up before entering a trade? 1 Attachment(s) We must be onto something.
The rate of growth for this thread is just unbelievable.
Sorry, guys, today is Sunday and need to spend some time with the family.
Hopefully, will be able to find some time to go over the OverEasy-related issues later tonight.
To keep the momentum going, herewith the "ASCTrendK" indicator for anyone who like to try it.
If you look back a few pages, you'll realize that it is identical to some of the ASCTrend indicators around, but the presentation is different, ie.
instead of arrows or dots, the indicators itself is incorporated within the price bar.
For a graphical comparison, see my previous post #334 on page 42.
Enjoy your Sunday, and see you guys later :) Regards to everyone, Hambalan Originally Posted by perky_z oh my god! I go to sleep and wake up and there 5 or 6 more pages here This system must be good I might try it myself - just joking...
well today i finished yet another indicator not the super indicator but...
I still feel eyes are better than indicators..
I made the mistake of posting the fxovereasy (psar entry) too early because it has been cobbled up as soon as I posted it..
so I need to test the new one..
i will monday tuesday as you know I am demo testing it next week but it look promising I had this system in my head and trried to put it on paper and the explaination is becoming clearer Fxovereasy should now speak!!! yes no more "ok" ing alerts it speaks alerting you of a trading op and can be switched on or off As to Perkyasctrend that was MY conversion of the mlqII version and is now redundant..
Im seeing things in the system i never saw before and I thank you all for your input..
Last week we had 50 pairs of eyes looking for indicators and giving opinions - Great work.
By law I cannot give calls of trades so puppet traders please dont ask all I will do is teach you to think for yourself.
see you all monday!!! It is horrible if someone tries to keep update with this thread.
Now it is almost 100 post / 24 Hr.
Great ........
Can some one make a backup this thread for future ?? For perky_z : 1) Will you offer us another indicator ? Is it additional one or replaced by one ! 2) Donaltion 1 pip : At your web can you add more option i.e.
Bank Wire !!! Because of some Geographical region are not listed by paypal.
WBR / GKBRIA DavidWT Nice seeing you again (after the references on metaquotes.net).
My package (FXOE.ZIP) does the the signal correct now (it has a parameter to define how long the Laguerre crossing stays valid ...
default 3 bars).
The initial version of the backtest had this not entirely right and I yesterday reposted it in a way that checks the crossing).
I found a bug in my own package regarding this yesterday and will fix this in the backtester EA also and repost it today.
Btw, it was using this code: // must be checked after AscTrend(!) double Laguerre1=iCustom(NULL,0,"Laguerre",0,0); double Laguerre2=iCustom(NULL,0,"Laguerre",0,laguerrelag); This is okay if the laguerre was below the level for some time and then comes up (makes it valid for "laguerrelag" bars) but delays the signal if the value just dipped below the 0.15 level for one bar and then comes back.
As said, I'll fix it today.
Markus Fxovereasy System - with BGX, fractals&nbsp; 1 Attachment(s) Hi gyus, I keep an eye on this thread from the beginning and have to say thank you all for your enthusiasm and effort of contributing here.
Especially all coders here did a pretty good job.
What amazed me a lot and what I use now more is SHI channel.
Such easy thing! But it improves my trades a lot.
Maybe I was too lazy to draw all that trend channels before.
:D So thank you for reminding to me ;) I hope that you will tweak it to stage, there you will have only one indicator, but for me and for some advanced traders, they will use other things, because of their experiences.
See attachement.
I trade now 3 systems modded from fractals, BGX and now with FXOE.
It does great job to confirm each other and give better perspective if enter or where jump off.
And one more hint: I watch 4hr and D and with few FXOE indicators, its easier to be "in" and know where is market moving.
Good luck and happy trading to all.
See you...
Originally Posted by kmrunner Can I make a suggestion? Since so many people are downloading teh different indicators and since a few people are programming, can we change the names of the indicators to make it easier to keep track? My suggestion would be to name them: Example: OEitrend827a OEacstrend827a OElagurre827a OEshichannel827a etc.
now if someone else modifies it today, they would change the name to OEitrend827b, or OElguerre827b etc.
The 827 being todays date.
Now if someone modifies it tomorrow, i'tll become OEitrend828a or b or c or d depending on how many times it gets modified in one day.
Does this make sense? Can we or someone decide what the most current indicators are and post them as the new names? I really think it will cut down on the confusion and help even the programmers keep track.
That's a very good idea Kmrunner- I hope that all the fantastic programmers out there take this into account as this thread will soon be reaching 1000 pages very shortly and will be very difficult to keep track.
John_M Hi all..
Have been reading and following Perky's system since she gave it the go ahead.
What I am seeing now is people trying to improve the system to where it no longer has the same characteristic's...this is minimal losses and a good win/loss rate.
In my opinion if improvements are to be made it should be in achieving an entry where the possiblity of getting a price run of say 20pips increases, if this means only one trade a day so be it but looking to enter quicker only increases the risk that the price wont continue to run ..similar to trying to pick the bottom of a price move.
Getting an alert is great as the system requires plenty of screen time.
( just an opinion ) regards John 1 Attachment(s) Hi Giotto, Wonder why my wma100(apply to close) is not same as yours on the eur/usd 15mins time frame chart.
Why??:confused: Thanks OKL John_M What you say is true.
This method had as its original objective as a way to make money in the forex market trading the aussie dollar.
It has been taken by others and poked and prodded in an effort to apply it to other currencies and see whether it can be improved.
Now whether that improvement ultimately means more profit but less winners, we do not yet know.
It may mean nothing at all.
There are a lot of people who would say, if it is not broke why fix it.
Testing, dismantling and reassembly in another form is not necessarily a bad thing............it is this thought process that has taken us from the days of the horse and buggy to the modern world of today.
One has to admire those who can think "outside the square".
I admire perky_z for her method and what it has produced.
The fact that she has shared it with other members voluntarily is more than generous.............many thanks perky.
The discussion contained within this thread does not mean one has to alter anything on what was first presented to us as the method by perky.
I admire the coders, it is beyond me, but I appreciate the fact that they too share their work with us.
Thank you.
Let's see where this takes the method.
Some of us may never change from the original version, but who are we to stop others accepting something different.
I am sure perky knew when she released this to the forum members that people would look at it, pull it apart and maybe change it.
Roll on Monday.
regards okl My 100 wma is like yours.
It may be a different data feed.
My MT4 was downloaded from metaquotes web site and my server says Metaquotes Software Corp.
Regards Originally Posted by foroz okl My 100 wma is like yours.
It may be a different data feed.
My MT4 was downloaded from metaquotes web site and my server says Metaquotes Software Corp.
Regards oh i see, i check with FX PowerChart and has the same 100wma slope.
So Giotto has better data feed, which seem to be important ? regards is it just me but ASCtrendK does not work for all my charts (majors) the indicator does not show at all it seems buggy...just wondering why actually it now appears to be working scratch the previous the post :) Originally Posted by don_forex Let's put it this way, I am 100% when I follow the rules.
As you can see from my previous post, the last two days of trading resulted in 16 for 16 trades! Follow the Rules! Don Thanks Don, exactly what I wanted to hear.
Originally Posted by okl Hi Giotto, Wonder why my wma100(apply to close) is not same as yours on the eur/usd 15mins time frame chart.
Why??:confused: Thanks OKL Sorry OKL, but its my mistake.
All 5&amp;20&amp;100wma are taken from 30min because of BGX, so on 15min its 10&amp;40&amp;200.
Sorry for confusion.
Originally Posted by Giotto Sorry OKL, but its my mistake.
All 5&amp;20&amp;100wma are taken from 30min because of BGX, so on 15min its 10&amp;40&amp;200.
Sorry for confusion.
No problem, thanks! :) Here is all the expert advisors and indicators (related) so far.
http://www.strategybuilderfx.com/fo...4&amp;postcount=238 which is where I posted the original expert.
Now I am keeping it up to date as to the status of the expert(s) and indicator at least plus the rules are there in plain english as I understand Perky and is used in the expert advisor.
Maybe this will slow down the growth of this Thread a bit :eek:.
Ok Today I am going to pick one of these experts (after extensive analysis) with some modifications (ofcourse) and run it in demo.
If I become a millioneer I might not share my results, haha, just kidding :D.
ps.
I never said there was a bug in Laguerre.
don_forex Shahin, What do you think of the programming suggestion I provided concerning the laguerre? Don Don that might be a good thing.
But I don't know for sure.
I (or anybody else) would have to put that change in and run analysis (backtest or demo).
BTW you said (I hope this is right): current>previous and current > .15 don_forex Originally Posted by Shahin BTW you said (I hope this is right): current>previous and current > .15 Yes...
and the same would be true for a sell signal...
current=0.15) { LaguerreSignal= 1; // LONG LaguerreSignaltime= Time[0]; } else if (Laguerre2>Laguerre1 &amp;&amp; Laguerre1.75 to Laguerre2>Laguerre1 then just compile it...
Don Ganja-Man 1 Attachment(s) hey we cant make a long backtest to the expert , the i_trend is only since 24.08 on 15 min chart .
i did a test from 24.08 till 26.08 and got 5 from 5 on gbp with 30tp, 20sl , 20ts but still it isnt done yet on the backtest of eur the expert went long but the Juice was still red and it didnt took some good short i dont know why .
All times are GMT.
The time now is 15:14.
Page 10 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 &gt; Show 40 posts from this thread on one page Powered by: vBulletin Version 3.0.7Copyright &copy;2000 - 2005, Ltd.
I think they only when long because you only trade in the direciton of the channel.
Ganja-Man, As Jesse said, the trend for GBP last Friday is still up, thus you are not suppose to go short.
Don, care to comment on trades 1 &amp; 2 (and others if appropriate) vis-a-vis my analysis on #400? Thanks.
Ganja-Man 10x i c that FXOE-iTrend is complete i mean it not only since 24.08 so we can make a longer test i just renamed the file don_forex Originally Posted by hambalan Don, care to comment on trades 1 &amp; 2 (and others if appropriate) vis-a-vis my analysis on #400? Thanks.
I wish I could...
I have a hard time remembering the exact details that caused me to get into the trade.
You must have a memory like an elephant!:D Don @hambalan Many thanks on the comparism ...
it's most valuable! The differences in Lauguerre between backtest and realtime may be that the historic Laguerre is computed on the Close.
If there was a much higher/lower price (trails on the candles) it may have made the cross in real time but took it back on closing the candle.
(I think this could be verified when looking at the candles ...
and we'll have to see in live trading if the Combo indicator does the same (generate a signal bar and then take it back)).
Markus @Ganja Please look at the FXOE archive on page 44.
It correctly displays all history on these indicators.
(The originals have input parameters to extend the history (AllBars, ....) but original AscTrend produces Junk output when going higher than 500).
Also in that package is a SHISlope indicator which shows which direction the Channels were pointing at any time.
Markus @Don, Jesse Originally Posted by don_forex All I did in the EA was change the line from Laguerre2Laguerre2 Laguerre2>.75 to Laguerre2>Laguerre1 Be careful with that mod.
Together with the LauguerreSignalValidity of 45 minutes the sig may reach well into the overbought/oversold area.
I'd use a setting of 15 with that version and even a limit like Lauguerre10.5 to just catch the lower/upper half of the level.
Markus Shahin - regarding your question to bolt1 which I don't think anyone else has checked.
Originally Posted by Shahin 2) About exit rules: I don't see anywhere here http://fxovereasy.atspace.com/TheSystem.html (Perky's website) that exit on channel touch.
So show me if I am incorrect.
From the website - note that Perky has now moved the website to http://fxovereasy.50webs.com/Home.html so make sure you change your link, though the same system applies on each: "The second is La Guerre.
When the La Guerre line crosses down through .75 line (top line) look to sell.
When the line crosses up thru .15 line (bottom line) look to buy.
If Juice is still green leave trade to opposite side of channel if it is red then exit trade when La Guerre line reaches its Mid line (.45)." 1 Attachment(s) Could someone help me get the backtesting working.
I have dropped all the indicators on my charts a millions times.
iFxovereasy12 is on the top too.
Everytime I click start it does nothing.
See attachement..
Where have I gone wrong ? Thanks Benos Ganja-Man 1 Attachment(s) nice move on the night i closed half with +30 and started a traling stop 15 Originally Posted by gado Could someone help me get the backtesting working.
I have dropped all the indicators on my charts a millions times.
iFxovereasy12 is on the top too.
Everytime I click start it does nothing.
See attachement..
Where have I gone wrong ? Thanks Benos Benos, try checking the "Recalculate" box.
Maybe you have no data downloaded from the server.
Or have a look in History Center under Tools.
Also make sure that the Expert is in the expert folder and the indicators are in the Indicator folder (which is in the Expert folder).
Gado, There is an extra m after the symbol pair name on top left of your chart - (I think is the problem).
Reload chart (make sure that m doed not show.
No need to drop indicators in chart.
Just run the strategy builder.
You might have to clean the directory under MetaTrader 4/history/, if all else fails.
Good luck, Shahin Ganja-Man, I don't see the expert advisor smily face on your screen shot.
Is the expert doing the trades or you? I am assuming you are demoing.
1 Attachment(s) Ooookaaay ...
Here is Version 0.52 of the indicator set.
See the version history for changes and try the new stuff if possible.
If you have problems with this archive, please roll back to the version on page 44 of this thread.
Picture has been resized, click for full size pic Version History: V0.50 - Initial set of indicators with FXOE-Combo V0.51 - Breakout markers missing from SHICHannel.
- SHIChannel descriptions on upward channels fixed (upper/lower was swapped) - Signal was sometimes delayed by 2-3 bars - Display error in LaguerreRSI (than to hambalan for spotting this) - Some additions to this document V0.52 - Laguerre renamed to LRSI - Histogram version of ITrend - Display bug in AscTrend fixed (multiple signals when running in real time) - Combo indicator with options for SignalLevel and AscTrend support - Template adjusted - Some additions to this document Enjoy Markus .
May be this will help.
I have been testing and re-testing.
Also according to www.metaquotes.net there is less noise in longer time frames.
So I am doing all my strategy building in 1-hour.
If it works then it might work in 15-minutes, not otherwise and that is for sure :cool:.
I still have not made up my mind what version(s) I am going to demo.
Ganja-Man hey it made manually , as i said the expert isnt perfect yet, its very nice system and the expert dont count all the indicators .
but i'll run the expert also ..
:) thanks mate @all One thing that occurred to me for all who are doing the forward test in real time: Have a look at the Combo indicator level.
Maybe the level can signal the exit also (when the triggers eventually fall away).
Happy pip piping :D Markus Dan S Originally Posted by Shahin May be this will help.
I have been testing and re-testing.
Also according to www.metaquotes.net there is less noise in longer time frames.
So I am doing all my strategy building in 1-hour.
If it works then it might work in 15-minutes, not otherwise and that is for sure :cool:.
I still have not made up my mind what version(s) I am going to demo.
Be awar that Juice is ONLY working on 15 min.
no other time frame.
Originally Posted by Dan S Be awar that Juice is ONLY working on 15 min.
no other time frame.
Thanks for the heads up.
Well I just had look at the code.
It will work on other time frames too.
Plus I have been using 1hour timeframes for the whole time I wrote the expert and I kinda checked the values of all these indicators.
@Shahin The 4 pips threshold is aimed at volatility in the 15 minutes chart.
Markus It might still work fine.
Anyhow that is one of so many custom indicators.
Maybe iATR is better than Juice (I don't know yet).
Can not make up my mind with all these testing with various versions and pair.
I need to write a system for MT4 to keep all this test results together (I wrote one for mt 3.XX) and automate the testing.
Or maybe I breakdown and demo in 15min :confused:.
Originally Posted by Shahin Gado, There is an extra m after the symbol pair name on top left of your chart - (I think is the problem).
Reload chart (make sure that m doed not show.
No need to drop indicators in chart.
Just run the strategy builder.
You might have to clean the directory under MetaTrader 4/history/, if all else fails.
Good luck, Shahin The small "m" means it's a mini account.
The face should be smiling in the top right corner.
I'd removing it from the map, recompile it, and then attach it again.
Good luck....
1 Attachment(s) It seems my problem is something to do with history data.
I even reinstalled the app over the top to no avail.
Heres are the errors...
In the 'Tools' menu go to 'History Center'.
Select your currency pair and then double click the period you want to retrieve.
You should see a long list of data fill the window.
Now when you go back to run the Expert make sure you have 'Recalculate' checked.
You should see the program retrieve 1 minute and 5 minute data while using 15M data.
Originally Posted by gado It seems my problem is something to do with history data.
I even reinstalled the app over the top to no avail.
Heres are the errors...
Gado, I think the issue actually lay in Metatrader's inability to use data for the Mini account.
From what I see, the Backtester is looking for USDJPY whereas the mini account currency pair is actually USDJPY m Cheers I loaded all the data under the history tab and now dont get any errors but when I click the start button it does nothing.
Even with the recalculate on or off..
Cheers Benos anyone else take a loss tonight on USD/JPY? The channel was down when I entered my sell position and of course now it shows a flat channel.
It seems the market usually goes in a certain direction for the first few hours after it opens then reverses.
I should have remembered that and not entered into the trade :( Rastarr, Thank You ...
Is seems that was the problem.
Thanks to all those who helped.
:) All the back testing I've done so far seem to fail miserably.
What model should I be using any way ? Regards Benos Gado.
I have no idea what happens to mini account in strategy tester.
My suggestion is open a regular account for demo.
I know I had the Advisor hardcoded to trade 1 lot at a time.
No money management.
So maybe that is the problem.
I like red wine :p.
Dang I know now why I like red wine.
In some of my backtest (and this used to happen with 3.XX stop/limit orders): This stratedy tester gets in and out of 27 trades in the same minute.
Well I say that is a bug if I ever saw one.
I don't like it I say.
Originally Posted by UncleJesse anyone else take a loss tonight on USD/JPY? The channel was down when I entered my sell position and of course now it shows a flat channel.
It seems the market usually goes in a certain direction for the first few hours after it opens then reverses.
I should have remembered that and not entered into the trade :( hey jesse i got in on that trade once i hit +15 pips i got out and went to bed :) sounds like you slept on it and woke up to different situation...these things happen Fxoe+acd+bgx&nbsp; 1 Attachment(s) As mentioned in the chat room, this is a how FXOE+ACD look like In between Open range is the netural zone.
If price makes an A down , we have a bearish bias.
But we not going to take this Adown because pivot range top is just below it which is acting as support.
High risk, no much room to move.
And also wma200 acting as support.
@okl what kind of indicator or indicators (where to download) is doing the level stuff inside your window? Thanks! Markus Originally Posted by Shimodax @okl what kind of indicator or indicators (where to download) is doing the level stuff inside your window? Thanks! Markus Hi Shimodax, this is ACD indicators by CrushD, you can find it at ACD method -FAQ thread, look for MT 4 indicators.
http://www.strategybuilderfx.com/fo...ead.php?t=15052 Regards okl Originally Posted by okl As mentioned in the chat room, this is a how FXOE+ACD look like In between Open range is the netural zone.
If price makes an A down , we have a bearish bias.
But we not going to take this Adown because pivot range top is just below it which is acting as support.
High risk, no much room to move.
And also wma200 acting as support.
Same setup when i look through eur and chf, price stalled/bounced at the level....
help to determine the risk of the trade.
of coz if the sell/buy signal is far away from the s/r area, there will be more room for the price to run...u would take up the trade....
just my 2 pips and i love Perky and her FXOE! What is the link to the chat room you guys are in? Like to join.
Tks Poekmeister.
official homepage:http://fxovereasy.50webs.com/Home.html chatroom:http://www.freejavachat.com/chat.php?chan=fxovereasy mart_hart 1 Attachment(s) What I do not understand about the SHI is looking at to days cable, it is in an uptred (Red Lines) although SHI has it as a downtred.
It will be interesting to see how this plays out :confused: Shimodax: Could you please program an alert in FXOE-SHISlope when slope changes from positive to negative an vice versa? Thanks! All times are GMT.
The time now is 15:14.
Page 11 of 19 &laquo; First &lt; 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 &gt; Show 40 posts from this thread on one page Powered by: vBulletin Version 3.0.7Copyright &copy;2000 - 2005, Ltd.
Its in a down trend becasue euro and cable failed to make new highs and now lower lows.
If the chart shows an up trend how long do you want it to last? Cant last forever.
Anway euro will be heading low this week 12100/ 12000 area before pulling up non stop for Xmas.
@mart The Shi-Channel is still a technical detection that relies on a certain logic.
It is basically based on the last two highs/lows and may yield odd results at times (or will offer some daring suggestions about new forming channels).
So keep in Mind that it's still a processor and not a neural network with billions of cells (aka brain :)).
Markus 1 Attachment(s) Two more losses today (3 in a row).
Anyone else get stopped out for GBP and EUR trade just now? Price just jumped down about 25 pips in a few minutes :( After what Mart_hart said, I was looking at Shi_channels and noticed a mistake but it seems to work ok, anyhow here it is: I am only looking at the first iteration of the Loop.
BFF=24 for 15min chart.
CurrentBar=2; Lowest(Symbol(),Period(),MODE_LOW,BFF*2+1,CurrentB ar-BFF So basically it is going to find the lowet price starting -22 periods ago (should be +22) for a lenght of 49 periods.
And I am not sure of it is going to future or past for this lenght (I think past).
If it is goes into future then backtests results are wortless.
Markus: Did you fix this in your version? How about source (if you like to share and have others critique it)? Two more losses today (3 in a row).
Anyone else get stopped out for GBP and EUR trade just now? Price just jumped down about 25 pips in a few minutes :( Unclejesse, how close are your stoplosses? What do the rules say? 1 Attachment(s) Hi today i traded the first time the system using the IFxOverEasy11 Expert.
Three trades in about 45 min.
All loss trades.
Currency was GPB/USD.
-45 pips 1 Attachment(s) Originally Posted by Shahin After what Mart_hart said, I was looking at Shi_channels and noticed a mistake but it seems to work ok, anyhow here it is: I am only looking at the first iteration of the Loop.
BFF=24 for 15min chart.
CurrentBar=2; Lowest(Symbol(),Period(),MODE_LOW,BFF*2+1,CurrentB ar-BFF So basically it is going to find the lowet price starting -22 periods ago (should be +22) for a lenght of 49 periods.
And I am not sure of it is going to future or past for this lenght (I think past).
If it is goes into future then backtests results are wortless.
Markus: Did you fix this in your version? How about source (if you like to share and have others critique it)? Ok, seems FXOE-ShiSlope is indeed a lookback indicator rendering backtests useless The gbp channel was all day in an uptrend, juts turned into a downtrend and the indicator erased the green lines and replaced them for red ones EDIT: it was in uptrend since 13:30 so there shloud have been 13/14 green candles until now that it turned into a downtrend A note to anybody testing fxOvereasy11 or fxOvereasy12 like >matrixtrader: Those system are more profitable if you turn the true/false "Use Ascent" to True.
Default=False.
It is not just backtest on the Shi_channels, it is that -22 value (it should not be negative at all).
>camisa, it seems like these indicators need good debugging/testing.
@Camisa Thanks for spotting this (I have not yet seen the shi channel and slope switch in real time).
Valid point (i.e.
problem) for manually (visually) verifying past signals ...
I'll look into this tonight! Btw, for the expert (ifxovereasy12.mq4) the backtest will work, because it reads the actual channel from the screen.
@Shahin No, I did not spot this.
I'll also have a look at it tonight.
I'll eventually release the source, but it's still tied into some other stuff of mine which I currently don't want to share.
Yes, this stuff needs thorough testing ...
:o Markus mart_hart Looking at the code , it seams it will only count a high or low when it has made a fractal.
So if there is a break through of the lines, it will not count it and re adjust until there is a slight re trace and a fractal is formed.
Am I on the right lines here ? Here is the code all in Englsh if it is any help.
This is the Barishpolets Channel.
#property indicator_chart_window #property indicator_buffers 1 #property indicator_color1 Red //---- Inputs extern int CalcBars=240; //number of bars counted.
0-all bars counted extern int BarsForFract=0; //bars of fractal's "shoulder" //---- Variables int B1=-1,B2=-1,UpDown=0,CurrentBar=0,limit,k,i,i2,NumBars; int BFF=0,ishift=0,LowBar,HighBar,BMax,BMin,start; double P1=0,P2=0,PP=0,Step=0,iprice=0,PMax,PMin,price; //---- Buffers double Buffer1[]; //+------------------------------------------------------------------+ int init() { //---- indicators IndicatorBuffers(1); SetIndexBuffer(0,Buffer1); SetIndexStyle(0,DRAW_ARROW,EMPTY); SetIndexArrow(0,164); //---- selections if (BarsForFract>0) {BFF=BarsForFract;} else { switch (Period()) { case 1: BFF=12; break; case 5: BFF=48; break; case 15: BFF=24; break; case 30: BFF=24; break; case 60: BFF=24; break; case 240: BFF=24; break; case 1440: BFF=12; break; case 10080: BFF=12; break; default: return(-1) ; } } //+---- return(0); } //+------------------------------------------------------------------+ int deinit() { for(k=0; k can you post a picture of your backtest? Mine only shows 4 trades were taken? Must be a problem with my settings on MT4 Sorry, I'm almost finished here, will probably do it tomorrow ...
but maybe you forgot to enable the "Recalc" checkmark.
Markus eur/jpy - asian session&nbsp; 1 Attachment(s) quite a risky trade.....so i would breakeven quick and has a tight stop loss....and take profit when hit pivot range top....
comments? Thanks okl 1 Attachment(s) Originally Posted by Shimodax @overgrowth @jtimm do you mean bars in both colors? (red and green together?) That's a bug.
Any way to reproduce it? Markus Hi, yes, see attached screenshot.
I'll try the new version, though...
Jan Problems with 0.54&nbsp; 1 Attachment(s) Hi Shimodax, in the attached screen shot you can see two problems: - FXOE_slope shows bar that are red and green at the same time - There is a green bar in Combo for buy, but the slope is down Jan mart_hart 1 Attachment(s) I have got 2 channels, The old SHI green one and a new one, Is it supposed to do that ? Hey Martin, tell me, what are the average like lines that change color on your charts? And thanks for the RSI tip on my blog - it really helped me.
mart_hart They are called Trigger lines and you will find them in the Yahoo group files.
Which is a 2 lsma's with spacing.
I have removed the expert from the charts and the extra set of Channels has now gone.
Originally Posted by danieltyrkiel Hey Martin, tell me, what are the average like lines that change color on your charts? And thanks for the RSI tip on my blog - it really helped me.
Whats your blog address? :) flyingmoney.blogspot.com Last night i had running the IFXOverEasy12 Expert on EUR/USD, GPB/USD, USD/JPY and USD/CHF.
There was one trade in the USD/JPY at 3:33 (European time) buy at 110.68.
The trades was finally closed by the SL at 110.89.
+ 21 pips.
And now something entirely different: A minister dies and is waiting in line at the Pearly Gates.
Ahead of him is a guy who's dressed in sunglasses, a loud shirt, leather jacket, and jeans.
Saint Peter addresses this guy, "Who are you, so that I may know whether or not to admit you to the Kingdom of Heaven?" The guy replies, "I'm Joe Cohen, stockbroker, of Noo Yawk City." Saint Peter consults his list.
He smiles and says to the stockbroker, "Take this silken robe and golden staff and enter the Kingdom of Heaven." The stockbroker goes into Heaven with his robe and staff, and it's the minister's turn.
He stands erect and booms out, "I am Joseph Snow, pastor of Saint Mary's for the last forty-three years." Saint Peter consults his list.
He says to the minister, "Take this cotton robe and wooden staff and enter the Kingdom of Heaven." "Just a minute," says the minister.
"That man was a stockbroker-- he gets a silken robe and golden staff but I, a minister, only get a cotton robe and wooden staff? How can this be?" "Up here, we work by results," says Saint Peter.
"While you preached, people slept; his clients, they prayed." :D Originally Posted by jtimm Hi Shimodax, in the attached screen shot you can see two problems: - FXOE_slope shows bar that are red and green at the same time - There is a green bar in Combo for buy, but the slope is down Jan I got the same problem.
The bars are red and green.
It seems to happen only in the EUR/USD.
@matrix, tjimm I think I found it ...
guess I'll have to change the formula yet another time.
I think I also found the slope (red/green) problem.
Will post the next release soon.
Thanks! Markus Ganja-Man 1 Attachment(s) another 2 trades Have been following this with greate interest, but find it very confusing as where we are with versions.
Can anyone please post the latest indicator set and template that work as the fxoe.zip file onle have the FXOE-*.ex4 files and need the *.mq4 file for each indicator.
Also the template file does not load any indicators when applied to the charts.
Appreciated Originally Posted by 4xtrend Have been following this with greate interest, but find it very confusing as where we are with versions.
Can anyone please post the latest indicator set and template that work as the fxoe.zip file onle have the FXOE-*.ex4 files and need the *.mq4 file for each indicator.
Also the template file does not load any indicators when applied to the charts.
Appreciated The .ex4 files work as .mq4 indicators so just copy them to the indicators folder and the template will load them The difference to a .mq4 file is that the programming code is locked by the programmer Have copied the indicatorsto the required location and even after two restarts of mt4 they are still not available in the indicator list, this being the reason I thought I need the other file.
Thank you, will leave it a while and see if it loads.
The same happened to me in my computer at home I solved the problem by instaling MT4 again Thank you, will try this as I still do not have the indicators available in my list.
It even disapear after pasting them into the folder.
2 Attachment(s) NEW VERSION 0.55 V0.55 - Combo formula change yet again - two colored values in Slope History Pleaes have an eye on the Combo signals in relation to the other signals.
Don't trust or trade Combo alone yet.
Thanks! Markus Ok, reinstalling MT4 sorted the problem thank you.
Originally Posted by mart_hart I have got 2 channels, The old SHI green one and a new one, Is it supposed to do that ? i have this too.
is this already fixed? shimodax thank you for the new version.
The new version (0.55) should fix the double colored slope bars.
If it still happens there, please send a screenshot and possibly how to reproduce it.
Markus Hi there, I did a little paper (==computer screen) backtesting of the system based on Shimodax latest version (thank you again).
It is obvious that the potential trades look different when viewed on a history than in real time but I tried to be as much realistic as possible.
I used hipothetic 20 pip stop and when it was hit the trade was over (==LOSS) even if eventually the price went in the correct direction.
It is also a bit hard to imagine how did the channels look like at the time of entering/exiting the trade however the FXOE-Slope indicator helped.
I also considered some trades as "neutral" - this means that I thought I would be able to exit with minimal loss or minimal profit (for example based on the rule that when Juice gets red and La Guerre crosses .45 we exit).
The entry decision was based totaly on the Combo indicator with two versions - using ASC Trend and not using it.
Having said all this, here are the results (approximately from mid-August till now- as far as the history on 15 min.
chart allows): 1.
USDCHF With ASC: 6 Wins/3 Losses, win rate: 66.6 % without ASC: 7 Wins/7 Losses, win rate: 50 % 2.
GBPUSD With ASC: 10 Wins/3 Losses, win rate: 76.9 % without ASC: 12 Wins/5 Losses, win rate: 70.5 % 3.
EURUSD With ASC: 9 Wins/2 Losses, win rate: 81.8 % without ASC: 11 Wins/6 Losses, win rate: 64.7 % So it looks that it is safer to enter with ASC Trend option enabled.
And generally the system works quite well.
Jacek @jackap, all Thanks for posting the backtest results.
I've also run some automatically (not on many currency pairs) though.
August generally works quite well, and the backtest for August also indicates that the ASC signal is quite necessary (less signals, but better overall profit and winner/loser ratio.) But there are other months with drawdowns and especially the AUDUSD currency performs horribly (it's a mystery to me how the system is supposed to work there ...
[tested from May 1st to yesterday]).
The tests have been performed by iFxOverEasy12.mq4 and another expert based on my Combo indicator (enter trade when level reaches 8).
Results between the two differ slightly [the first uses intrabar decisions, mine did end-of-bar trading] but were generally not far apart and in no case provided an entirely different picture.
I leave it up to everbody to do their own tests and/or draw their own conclusions.
But my conclusion is that the August results can not be generalized.
If I were asked to make a recommendation, it would be to use this thing with papertrades, demo cccounts or min lots for at least two months before putting serious money into the trades.
As said before, I don't want to devalue the system and also don't want to prove anybody wrong.
If it works for Perky and everbody else, that's fine.
I just don't think it will work for me and I am just sharing the results of my personal DD.
The system may be valuable as a tool to assist discretionary trading, it's beyond my imagination how it would could produce long term profit when relying purely on the rules.
Markus hi @all and many thx to perky for sharing this sytem! markus, i've made a test with the shi channels and there have appeared two different channels in eur/dol gold -> your channel green -> perky channel Picture has been resized, click for full size pic oops and now they are equal again red -> the talking channel by perky Picture has been resized, click for full size pic it's your version 0.53 i'm testing Wow ichimoku...trendlines..and a million of oscillators..reallz that necessary? :rolleyes: hi wolf, it's only testing mode not trading mode.
;) :rolleyes: :) @fxtr Shahin had found a but in the SSH-Channel source with was fixed in our 0.53 version.
Unfortunately I still don't have a very good understanding about how SSH-Channel works ...
the two versions (in the picture where they differ) make both sense (one uses upper fractals (turnpoints) to define the trend, the other uses lower fractals).
I'm not sure what determines which of the fractals will be used or how exactly this occurs, but the difference is somehow related to the two rightmost bars.
The fix included, that in my version these are not taken into account when computing the channels (the original implementation looked like it was designed to exclude these also because they are only used to indicate channel breakouts).
In a nutshell, what I'm saying is that I fixed something (according to what Shahin pointed out) that definitely looked wrong and that may result in the difference.
I can't say for sure, but the automated backtests I made with my system and the original did not yield any substantial differences, so I guess it's not really relevant (maybe my version no switches faster to the new channel ...
but I'm not sure).
Markus i understand.
thx shimodax.
"maybe my version no switches faster to the new channel ...
but I'm not sure." in this case or pictures your channel switched faster in the new direction.
but i have to say i have to better understand the way this system works because i found it firstly last weekend.
so it's to early at this moment to pass sentence on it.
but it looks great and promising.
Originally Posted by Shimodax I leave it up to everbody to do their own tests and/or draw their own conclusions.
But my conclusion is that the August results can not be generalized.
I looked a bit more into the history and noticed that really bad trades happen when Laguerre crosses .15 or .75 without having completely reached "top" or "bottom".
Also when Itrend is almost 0 for some time.
So my hope is that the trades which would have been made according to Combo indication could be improved (means avoided) if you look at how this signal has happened.
Jacek wow, 65 pages in this thread.
Im trying to see where we are at - if we do not have an ea yet, i will try and create one.
I have only been playing with MT for 1 week, written a few basic systems, but been programming systems for a few months on vttrader.
I like what i see in this system so far and the methodology behind it.
I will have a go at doing a system this weekend - as the indicators are all there it sholdnt be that hard.
Ok done some more reading seems like there is an old expert floating around.
If anyone knows of an expert based on the original set of indicators, let me know so i dont waste time, otherwise i will try.
How are people backtesting if not with an expert..
manually? Just got your reply - thanks will do! cheers! great forum! @Pablo Check out the EA on page 49 and my indicators on page 63.
Markus i seem to be missing the shi_channel.ex4 indicator; any idea what set thats from ive downloaded all i thought i needed plus the originals.
is there any problem with the chat today?? haven´t been able to connect during all day!! thanks.
@pablo check it out here: http://fxovereasy.50webs.com/Indicators.html 1 Attachment(s) i got since 16:15 (european time) no shi-channel for the usd/jpy.
Neither with the FXOE-SHI Channel nor with the original shi-indicator.
Time frame is 15 min.
Here is the chart.
Thank you all.
All times are GMT.
The time now is 15:14.
Page 13 of 19 &laquo; First &lt; 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 &gt; Show 40 posts from this thread on one page Powered by: vBulletin Version 3.0.7Copyright &copy;2000 - 2005, Ltd.
hello Shimodax thx for your great work in this thread, please can you help me for the rules for buy and sell of your last version , i can see more than the standard indicators in your version ( slope, combo etc.) many thanks begu matrix trader, the channel is probably there, its just too large to see on your screen.
Try jumping around to different time frames to see if it shows up then.
@matrix There's probably currently no good points to create a channel from (size 0, slope 0) Markus @Begu Please see the first page of this thread for the rules.
Also, in my package is a PDF that describes all the indicators and how they relate to the original ones.
(Basically combo pulls them all together, level 6 should be a buy signal as per Perky, level 8 would be a buy signal and waiting for AscTrend to signal too).
Markus 1 Attachment(s) Originally Posted by UncleJesse matrix trader, the channel is probably there, its just too large to see on your screen.
Try jumping around to different time frames to see if it shows up then.
UncleJesse, in other time frames i have the channel.
But not in the 15 min time frame.
I don't think that the problem is the size of the channel because in the left corner of the chart there is the following information: SHI-Channel(240 bars): Channel Size = 0, Slope = 0.00 I don't know what the problem is.
Originally Posted by Shimodax @matrix There's probably currently no good points to create a channel from (size 0, slope 0) Markus Shimodax, thank you.
This could be the problem.
I'll wait the next hours to see what happens.
2 Attachment(s) New and probably last version.
Here's a new package.
Indicators are basically the same as in 0.55 ...
olny difference is a code snippet in the doc about how to build an EA from the Combo indicator (useful to programmers only).
If you're starting with this, please definitely read the first post on this thread and the PDF inside the archive.
Source code is provided inside the archive, the ex4 files were compiled on MetaTrader 4.00, Build 182 I'm also adding a package with Shahin's EA and all versions of the indies that he fixed and on which his EA is based.
They were renamed to XFE-* to stick together somehow.
This package was used for most of my backtests.
I provide them just as they are for anyone who may be interested (nothing really new to them, just put them into one place).
I guess I'll leave it at that for the moment.
Hope you find it useful.
Markus .
Regarding SHI channels - it seems that today, we've been locked out of loads of good trades because they were counter to the SHI bars - which eventually readjusted when it was too late.
It has been raised on chat that it may be worth looking at basing the SHI calculation on a shorter number of bars.
I assume that this may mean tweaking with the BFF's in the switch statement - where it's interesting to note that both the 15 and 30 min timescales both use BFF=24.
There again I could be totally wrong as I find these programs tricky to understand.
Perky did all her original testing on AUS/USD which doesn't really move too much during a given session - now we're trading the majors it's possible that a change to SHI could be a big improvement.
My only concern is that we'll end up tweaking SHI to fit today's market and screw up what was a really good day last Friday.
mart_hart How about 2 channels leave this as standard and have a short term channel.
It will be like having 2 time frame charts on display Shimodax, Thank you so much for your coding efforts! You've been a great help! I hope you (and me) can use what you coded to make many pips! Thanks! Kevin @matrixtrader i think i have the solution for your problem , power up "auto scroll" and the channel appears !! @Shimodax thx, i have found your description , sorry.....i didn`t read the full page of it .....sorry...
regards begu @Shimodax, May I express my sincere thanks for the coding your have done for the system.
It seems so long ago when you posted v.50 back on page 34 (in reality, just last weekend!).
No sooner after I have loaded a newer version, your produce another set.
So many people have roadtested the indicators and I hope that our time will not be wasted.
Yesterday was not a good day for the system, but how can we determine the profitibility of a system just by looking at a day's results only? I have no doubt that your work contributed a lot to the developement of Perky's system.
Yes, please give this a rest (at least for the meantime).
Give us some breathing space to continue our search for how best to utilize the various indicators (not to mention the new indicator(s) that Perky is testing / developing right now).
No doubt we'll continue our R&amp;D (or should I say quest) in the near future.
Once again, thanks.
Heres to more pips..........
;) :D :D ;) Thank you Perky, Shamodax and the many others who have contributed to this system and thread.
There is a lot of positive synergy going on here and it is refreshing to see so many folks excited and working together for a common goal.
:) @all Many thanks for the kind comments.
It has been a lot of fun to contribute the tools to the system.
Now give it a good testing (but initially don't use too much lots on it and see my comment about backtesting on the previous page).
I'm looking forward to see the further development.
Keep the pips rolling Markus Originally Posted by begu @matrixtrader i think i have the solution for your problem , power up "auto scroll" and the channel appears !! begu begu, auto scroll is already activated but i still have the problem.
I think the cause is as shimodax said that there's no good points to create a channel from.
If i change the bars to be considered from 240 to 270 i have a channel.
Thank you Hi Guys, first time on here.
I have played around with the Fxovereasy trading method and noticed a flaw in it.
I don't know anything about programming mq4.
When I setup Shi Channel I select show on M15 only and it appears on all time intervals???? When I try and delete it, it simply comes back moments later.
Anybody else have this problem?? Steve @wannabetrader You may want to check out my FXOE package (go back to page #66).
The SHIChannel indie there doesn't leave stuff around on the screen.
Markus Shimodax - thanks for the indicators.
One question - the I-trend presents itself in a histogram format (much like the juice indicator).
Where is the I-Trend where the red crosses the green? Am I missing something? Ganja-Man 1 Attachment(s) nice move , took manualy the expert is sleeping or somthing :) Hello all again, I am very concerned about what Shimodax wrote in his post #506 about longer term backtesting results of "our" system.
I think we really need to look back and see how it really was (maybe manually so that we can analyse why the properly signalled trades apeared to be the bad ones).
And perhaps we will be able to write some extra rules (filters) to improve the performance of the system.
If I can suggest something, this should be the main concern of this thread for now - without this it may end up with nothing serious.
As about me - I am not a very experienced trader - just half a year demo-trading but mostly searching for ideas :D .
So if there are some more experienced traders I would ask them to share their opinions about the reasons why some months are better (pure statistics?) , only together we can win! So please, more backtests! (I will try to do some work too, my problem is a bit slow computer so it is very hard to analyse far away history trades).
Jacek last night the thread was up tp page 68, now 54, am i missing something? yes Trevornd During the course of the day something has happened to the format of the threads where we now have to read the very first post at the top of every page and somehow they have changed things so that 68 pages became 54.
The last thread that I read this morning was on page 68 and that smae thread is now on page 54.
It's annoying to see the first thread on every page.
hope this new format is short lived.
Regards 1 Attachment(s) Re-Release: Here's the archive again, including FXOE-ITREND.EX4 (Trend as lines, rather than Histogram).
Markus I don't know what happend about that first posting, but the thread now shows 10 posts per page instead of 8.
Markus OK.
I have read now the whole thread!!! exeptional work you have done here.
great comunity!!! i'll post some coments once trading the system for a wile.
Mario Ok got it going with xfe version now and the indicators dont give an error anymore.
The results arent good though - is the backtesting of the expert flawed because of the channels? I assume it is working when running live on a demo account.
Thanks to all the great work done here.
My history was I had built my own system, and recently become disillusioned with it as month by month performance was not predictable.
I was integrating a signals service into it (proprietary), which has a proven history.
(www.fxtrendtrader.com).
But i decided to look for a new system.
So..
my question at this point is, would this type of system integrate well (theoretically, not technically) with a signals service based on fundamentals and resistance/support levels? I am relatively new to trading so i dont know if the two types of analysis can be used together - please excuse the naivete!.
perky_z Originally Posted by pablo2 Ok got it going with xfe version now and the indicators dont give an error anymore.
The results arent good though - is the backtesting of the expert flawed because of the channels? I assume it is working when running live on a demo account.
Thanks to all the great work done here.
My history was I had built my own system, and recently become disillusioned with it as month by month performance was not predictable.
I was integrating a signals service into it (proprietary), which has a proven history.
(www.fxtrendtrader.com).
But i decided to look for a new system.
So..
my question at this point is, would this type of system integrate well (theoretically, not technically) with a signals service based on fundamentals and resistance/support levels? I am relatively new to trading so i dont know if the two types of analysis can be used together - please excuse the naivete!.
this system must be learned i have had many people come in and expect instant gratification and dissapointment at seeing pips pass them by as they wait for a setup..
there is a chat room available from the home page and as we all trade the same system you will get advise ideas from other traders i suggest you demo the system for a month and then maybe if satisfied go live im trading it now and it looks good - i think the expert is flawed, but yes good advice and i would trade any system for at least a month before putting money into it.
Good work - see you in the chat room! so far, I have slept through the good trades and taken the bad ones :( Im at 0 wins, 3 losses this week :( Originally Posted by UncleJesse so far, I have slept through the good trades and taken the bad ones :( Im at 0 wins, 3 losses this week :( You know Uncle Jesse, I thought I was the only one who did that:) It's the key to my consistency! perky_z talking shi channels now says channel is narrowing channel is widening channel direction change get it while its hot http://fxovereasy.50webs.com/Home.html on the news panel on left.....
enjoy Originally Posted by perky_z talking shi channels now says channel is narrowing channel is widening channel direction change get it while its hot http://fxovereasy.50webs.com/Home.html on the news panel on left.....
enjoy Hi Could you give us an explination on how these new indicators work.
Thanks Gordon 15mins channel and 4hr channel&nbsp; 2 Attachment(s) @Giotto, as shown are 15mins and 4hr channel slope, using Markus's indicators.
Why we have different up/down channel on diff time frame? :confused: @Markus, i tested out on Perky's shi channel, no diff in the channel slope? hi okl, would you be so kind to explain what are those dark blue lines on 15min chart which you posted above (also the other lines beside shi channel), thanks.
Originally Posted by saintan hi okl, would you be so kind to explain what are those dark blue lines on 15min chart which you posted above (also the other lines beside shi channel), thanks.
Hi saintain, those are ACD indicator's lines, look for "ACD method - FAQ" thread for the indicators regards okl thank you very much.
Gosh, that's quite a daring way to draw a channel ...
software can be quite creative sometimes by sticking to the rules ;-) Markus thanks again for the system!!! its been a tough last few days loss 4 trades (not following rules and some fear) need to learn more discipline and patience....
sooooo much to learn :) The fear is a problem to those that dont have a safe exit strategy, and sometimes for those that have an strategy exits...:eek: Resuming, the fear follow almost of us in all live accounts, mainly if balance of aacounts dont suport medium-high risks...
RAFA Hi okl...
are you using this system too, together with the fx10minutes? RAFA All times are GMT.
The time now is 15:14.
Page 14 of 19 &laquo; First &lt; 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 &gt; Show 40 posts from this thread on one page Powered by: vBulletin Version 3.0.7Copyright &copy;2000 - 2005, Ltd.
Originally Posted by Celebrimbor Hi okl...
are you using this system too, together with the fx10minutes? RAFA Hi cele, im not with fx10 long ago :) regards 1 Attachment(s) Hi guys, for those, who think this system cant make pips see attached screen.
If you take it easy and learn to be familiar with indicators and market.
I know its not easy, but with low risk, you can make some nice trades.
Good luck to all.
P.S.
- Thanks all nice people who develop, post or just help others to trade not only this system.
You are very valuable to this community.
I thought this system missed most of the move when I checked on it earlier.
I think the chanel might even have been pointng down for GBP/USD.
Can anyone confirm? Btw, if you have problems following the exit strategy (stoploos, trailing stop) you can use the expert from the XFE archive.
Open your deal manually, then start the EA from the archive with your desired configuration (TS, SL, etc.) It will pick up on the open order (there should be only one open deal) and will follow it through.
Markus @giotto Prior to the signal you displayed there were three loss deals (three times 15 pips).
Entry for the big signal was around 1.2210.
Depending on how quickly you caught the entry, the drawback was 12-16 pips.
If you were a bit too late, you would have been stopped.
And even if not.
Ask yourself the following: After three losses of 15 pips and one near loss (assume recovery from a 12 pip drawback in your open position) when would you have taken profit.
I bet nobody would have had the nerves to let this deal run further than +30 pips.
Had you used the EA with meachnical TS, the full move would have made about 70-75 pips (TS trigger 15 pips, TS 10 or 15 pips).
Three previous losses of three times -15 and and taking profit too early at +30 would have made a balance of -15 pips.
Even with the trailstop taking advantage of most of the move, e.g.
+75 pips it will be just +30 pips above the previous losses.
Just food for thought.
Markus Thats what I was thinking as well Shimodax.
I got scared and jumped out once it hit the first resistance level.
How was I to know it would keep going past that? :) perky_z Originally Posted by gordoncass Hi Could you give us an explination on how these new indicators work.
Thanks Gordon pretty self explainatory shi channels talk thru speakers on channel widening channel narrowing channel change of direction colour bars colours the bars/candles on the chart depending on I trend but only will colour the bar/candle if juice is green so looking at a bar you instantly know if its red that there is juice and itrend is red on top if i trend is greend on top and there is juice the bar is coloured blue why blue - because some people have green /black background colour scheme and it stands out more Well done Perky [and everyone] for this system.
I'm an old trader of some 8 years, mainly on indexes [Sydney Futures], but for over 2 years I've focused on forex.
This is one of the best systems I have seen and it's FREE to everyone.
I made 121pips last night [Oz time] on the USA/JPY and on MY M/T demo charts all the major currencies had wins.
I have been using this in real time for about 10 days and it's averaging [for me] over 80% wins.
I can't get the automatic Expert to work very well, but that's not important at the moment because my brokers don't use M/T and no doubt it will improve in time [or I will].
If you can't trade this system, either look elsewhere or get another job.
IMHO.
So keep up the good work Perky and Markus [and every one else invold].
Bluemoon Again I'm a bad boy for changing things but the SHI Channels have been a problem for me for a few days now.
I've changed my "BarForFrac"setting in the SHI CHannel to 12 and the channels are now more responsive and give a better indication of the actual slope of the current trend.
The channel usually becomes more narrow due to less bars being accounted for but the change in slope, to better match the current trend, is more important to me than channel width.
The SHI Channel will always be a compromise since it has to look over a long period in order to make a channel.
However, I feel that it's been looking at too long of a time period and has been sloping opposite the curent trend for too many days.
Even at 12 the SHI Channel will sometimes be off (SHI Channel a compromise) but it is now concurring with the current trend more often now that I have set it at 12.
Everyone has to be comfortable with the system for themselves and this has made me more comfortable.
If you don't like it, don't use it! Just wanted to let everyone know how to change it if you want to.
Kevin P.S.
I still like my Laguerre gamma set at .58 instead of .7, gives me better entries and exits perky_z [QUOTE=bluemoon21]Well done Perky [and everyone] for this system.
I'm an old trader of some 8 years, mainly on indexes [Sydney Futures], but for over 2 years I've focused on forex.
This is one of the best systems I have seen and it's FREE to everyone.
I made 121pips last night [Oz time] on the USA/JPY and on MY M/T demo charts all the major currencies had wins.
I have been using this in real time for about 10 days and it's averaging [for me] over 80% wins.
I can't get the automatic Expert to work very well, but that's not important at the moment because my brokers don't use M/T and no doubt it will improve in time [or I will].
If you can't trade this system, either look elsewhere or get another job.
IMHO.
So keep up the good work Perky and Markus [and every one else invold].
Bluemoon[/QUO Thank you Mr Moon! :) Hello FXovereasy people :) I'm signing in from NZ, so hours are a little strange.
Thankyou for all the valuable information on this thread.
I use tradestation and wonder if someone can please tell me where to find the formulae for the indicators used in this system, so that I can code them into TS and attempt backtest.
Many Regards, smcm Hi sccm, TradeStation is VERY good, I first started charting with that 8 years ago.
Some of the Broker Charting packages are only just catching up, like M/T and VT.
But I had to move away from that because most of [free] systems for Forex are NOT written in Easy Language.
I don't know where you will find the correct formula for this system, but be very careful about Back Testing it.
The Channels change all the time and even with T/S the testing is somewhat of a mystery.
IMHO BM "Amateurs look for perfection [and fail], the professionals look for results [and succeed]!":) BM, thks for your reply.
From reading this thread it seems the channel has prohibited most backtesting.
Shimodak's Combo indicator doesn't seem to include the channel for this very reason (I think - excuse me if I'm wrong).
I thought I might code the indicators into TS &amp; ignore the Channel initially, or use a moving average or other "trend" indicator to confirm entry.
Do you know if these indicators (formula) are proprietary, or common knowledge (I haven't heard of them if they are)? thks smcm Hi smcm, The secret IS the channel.
Originally Posted by Shimodax @giotto Prior to the signal you displayed there were three loss deals (three times 15 pips).
Entry for the big signal was around 1.2210.
Depending on how quickly you caught the entry, the drawback was 12-16 pips.
If you were a bit too late, you would have been stopped.
And even if not.
Ask yourself the following: After three losses of 15 pips and one near loss (assume recovery from a 12 pip drawback in your open position) when would you have taken profit.
I bet nobody would have had the nerves to let this deal run further than +30 pips.
Had you used the EA with meachnical TS, the full move would have made about 70-75 pips (TS trigger 15 pips, TS 10 or 15 pips).
Three previous losses of three times -15 and and taking profit too early at +30 would have made a balance of -15 pips.
Even with the trailstop taking advantage of most of the move, e.g.
+75 pips it will be just +30 pips above the previous losses.
Just food for thought.
Markus Markus, 1) +30 pips, yesterday, in a market like in August is not bad at all.
2) no system will help you if you don't have the nerves.
3) there was a good one in E/JPY for about +50 pips.
4) knowing the news could make the market very volatile, S&amp;R was a practical move for anyone in a bad position on release of the news.
5) having said all that, i'm still not realy confortable with the system.
I have to trade it more and see.
mario Originally Posted by Shimodax @giotto Prior to the signal you displayed there were three loss deals (three times 15 pips).
Entry for the big signal was around 1.2210.
Depending on how quickly you caught the entry, the drawback was 12-16 pips.
If you were a bit too late, you would have been stopped.
And even if not.
Ask yourself the following: After three losses of 15 pips and one near loss (assume recovery from a 12 pip drawback in your open position) when would you have taken profit.
I bet nobody would have had the nerves to let this deal run further than +30 pips.
Had you used the EA with meachnical TS, the full move would have made about 70-75 pips (TS trigger 15 pips, TS 10 or 15 pips).
Three previous losses of three times -15 and and taking profit too early at +30 would have made a balance of -15 pips.
Even with the trailstop taking advantage of most of the move, e.g.
+75 pips it will be just +30 pips above the previous losses.
Just food for thought.
Markus Hi marcus, at first I have to say I am not following FXOE rules.
My point was, that with SHI channel, Laguarre and some trading experience you are able take moves in the early stage of move.
I understand you try trade along some rules and indicators, but I said it on chat and i repeat it here - signals are laggy.
For me its better to enter on SHI line with 5-15pips risk than wait for signal which is usually create in another 15 pips maybe more which means due TA 30 pips risk.
For 15min time frame its huge.
I entered based on my strategy, experience and feelings.
There were no 3 losses in row - if yes, something is wrong.
Especially on yesterday move.
And answer to question where would I exit: based on intraday 4hr top SHI line, swing which I am going now 2374 (100wma daily) or more (50fib of last wave, top SHI channel daily).
I am sorry I dont think its possible to automate these types of AS.
It needs some to make decisions.
Thats why I use manual observation and entry.
I just want to show you that with easy weapons like SHI - basic trend channel, which we are supposed to draw all the time, but honestly i almost forgot to do that and focus only on red/cyan points :), its possible to trade.
I wish all luck in trading and finding best system which suits you.
P.S.
I have to admit, that your contribution here with all topics and mainly with coding, is highly appreciated not only with posters.
mart_hart Originally Posted by smcm Hello FXovereasy people :) I'm signing in from NZ, so hours are a little strange.
Thankyou for all the valuable information on this thread.
I use tradestation and wonder if someone can please tell me where to find the formulae for the indicators used in this system, so that I can code them into TS and attempt backtest.
Many Regards, smcm I have searched all over for a Tradestaion SHI channel and have had a request on Google now for about 4 months but no luck yet.
It is also know as Barishpolets channel.
But nothing for TS with that either.
Martin From reading this thread it seems the channel has prohibited most backtesting.
Shimodak's Combo indicator doesn't seem to include the channel for this very reason The backtests (with ifxovereasy12) and the Combo indicator take both Shi-Channels into account.
Markus @giotto at first I have to say I am not following FXOE rules.
My point was, that with SHI channel, Laguarre and [b some trading experience[/b] you are able take moves in the early stage of move.
I entered based on my strategy, experience and feelings.
There were no 3 losses in row - if yes, something is wrong.
I think we're on the same track.
I'm not trading the sytem becaues I think the ruls as they were put forward here alone are not sufficient.
The good thing in a backtest is that it that it blindly follows the rules and tells you what the pure rules will do.
My post above was mainly aimed at those who look for rules that wil make them money.
Following Perky's rules would have made 3 losses in a rows before this move and would have made a near loss on the big move.
You said that you don't follow the rules.
You have your own and first and foremost you have your feeling plus experience.
This is what makes you a good trader.
I didn't want to prove you wrong, or something, sorry if it was received that way.
I am sorry I dont think its possible to automate these types of AS.
It needs some to make decisions.
Thats why I use manual observation and entry.
Exactly my point.
I'm not an experienced trader, what you say here is exactly my conclusion after playing with many purely mechanical systems and backtests.
Many thanks for sharing your comment ...
I'm completely with you (and Ricky just said something remotely similar on the RickyD thread) Btw, the coding was quite fun and well worth the time.
And it was my way of trying to find out if it is possible to trade without the "human factor".
The indicators are tools (Ricky just said that), and I think you're right.
SHI-Channels is one of the better ones.
Markus I've just had a look at what the forum offers tonight and found the following thread from which I have quoted in part below: http://www.strategybuilderfx.com/fo...ead.php?t=15201 "I've been looking at 4 charts for one currency - a 5 min, 15 min, 30 min, &amp; 1 hour.
For the 5 min chart I'm using the FX10 intraday trading indicators.
For the 15 min chart I'm using the FX Over Easy indicators.
For the 30 min I'm using Rick D's Strategy indicators, and on the 1 hour I'm using a modified "BrainTrader High Profit Strategy" - specifically every indicator except for the actual BrainTrader component.
It's possible that all of these are not necessary, perhaps I could eliminate the 5 min chart for example.
In any case, based on what I've seen in my relatively small amount of testing, each system seems to filter out the potential pitfalls in the next.
Any thoughts? Is this just newbie optimism or does someone think that this holds promise?" It never ceases to amaze me how people can interpret charts and systems.
I wonder if there's anything in it? Maybe we could call it a system cocktail? regards foroz, I think there is something to be said for checking the different charts.
I've been trying something similar but trying to figure out which indicators, at what settings, on which charts, is most important at any given time will take some time to figure out.
It makes things more complex in some ways but easier in others.
I think it's a valid concept though.
Kevin /convict Originally Posted by perky_z talking shi channels now says channel is narrowing channel is widening channel direction change get it while its hot http://fxovereasy.50webs.com/Home.html on the news panel on left.....
enjoy I cannot find any place to register for the chat line on forex overeasy site .
I know how to drive a truck but this computer stuff is quite new to me.
could you explain in simple terms how to put this into my computer and onto my mt4 screan so that it might be useful to me? You people are so far ahead of me that I just get all tangled up in my thoughts.
Originally Posted by kmrunner foroz, I think there is something to be said for checking the different charts.
I've been trying something similar but trying to figure out which indicators, at what settings, on which charts, is most important at any given time will take some time to figure out.
It makes things more complex in some ways but easier in others.
I think it's a valid concept though.
Kevin The thread that Foroz mentioned: http://www.strategybuilderfx.com/fo...ead.php?t=15201 Is my thread.
In the second post I listed more details as to what I was trying to accomplish and what I think each set of indicators is most useful for.
As you mentioned, you're trying to figure out which indicators are most important, you may find my thinking useful and possibly be able to elaborate on it.
Basically, I think that ranging from the 1 hour being the most useful for identifying spikes, and the 5 min being most useful for identifying a specific entry or exit, each time frame, set of indicators, and trading system play an important role.
I'm not trying to advertise my thread unnecessarily, I just think that a lot of people seem to be in agreement with my thinking and if we put our heads together something good could definitely come out of it.
i cannot access the chat, anyone else has the same problem? it says javachat is closed.
alex wong Originally Posted by blanca i cannot access the chat, anyone else has the same problem? it says javachat is closed.
try this http://www.freejavachat.com/chat.php?chan=fxovereasy thanks a lot ellie, but it also says it is closed, the javachat is closed, it`s weird is the first time this happens.
1 Attachment(s) test so far, will continue to monitor,,,,,trades shown with ASC set as true, rest is original overeasy12 Originally Posted by fxtrial test so far, will continue to monitor,,,,,trades shown with ASC set as true, rest is original overeasy12 fxtrial: i traded too the chf trade with the Easy12 EA.
But i was stopped out by the sl at 1.2513.
What are the values you use for your TrailingStop and TrailingStopTrigger? Ganja-Man 1 Attachment(s) friday morning -------------------- Originally Posted by perky_z pretty self explainatory shi channels talk thru speakers on channel widening channel narrowing channel change of direction colour bars colours the bars/candles on the chart depending on I trend but only will colour the bar/candle if juice is green so looking at a bar you instantly know if its red that there is juice and itrend is red on top if i trend is greend on top and there is juice the bar is coloured blue why blue - because some people have green /black background colour scheme and it stands out more Thanks for that.:) Originally Posted by kmrunner Again I'm a bad boy for changing things but the SHI Channels have been a problem for me for a few days now.
I've changed my "BarForFrac"setting in the SHI CHannel to 12 and the channels are now more responsive and give a better indication of the actual slope of the current trend.
The channel usually becomes more narrow due to less bars being accounted for but the change in slope, to better match the current trend, is more important to me than channel width.
The SHI Channel will always be a compromise since it has to look over a long period in order to make a channel.
However, I feel that it's been looking at too long of a time period and has been sloping opposite the curent trend for too many days.
Even at 12 the SHI Channel will sometimes be off (SHI Channel a compromise) but it is now concurring with the current trend more often now that I have set it at 12.
Everyone has to be comfortable with the system for themselves and this has made me more comfortable.
If you don't like it, don't use it! Just wanted to let everyone know how to change it if you want to.
Kevin P.S.
I still like my Laguerre gamma set at .58 instead of .7, gives me better entries and exits thanks kevin i tested those changes looking good finally got in on some good trades the morning is not over yet and +70 pips ...locked in profit now enjoying the day tracking chart results.
i hope i finally have a set of indicators that are working for me, that seems to be half the battle.
:) Wow, what a great thread.
I plan to look at this more closely.
One thing I have noticed is that most of you have trouble with exits.
I have been using LSMA_in_Color and lately the modified version Triggerlines with great success.
Triggerlines is an LSMA cross method.
I am currently working on a version that uses linear regression on other than straight lines.
LSMA_In_Color is green on up, yellow on flat, and red on down.
It is a measure of the slope of the linear regression line.
I also use SilverTrend_Signal which works well on longer timeframes but generates too many signals on 15 minute because of whipsaws.
Are the indicators actually a part of this system with different names? I will be looking at the code for this system also.
I have been a software engineer/mathematical analyst for over 25 years but have not worked since 9/11.
I cost too much, coders in India work way too cheap, and I refuse to code for under $50 per hour but will make an exception here.
I know many computer languages and C is one of my favorites.
Also, support and resistance works OK in regular times but the past week has been unusual because of weather and lots of news.
The hurricane has affected the market but it now seems to be back on track where it was headed at the end of last week.
Thanks for what appears to be a great system.
I hope I can help to make it even better.
MrPip Mr Pip, look back for the FXOE.ZIP package.
It has got everything inside and most of the code was cleaned up by me.
As a C programmer you won't have much trouble with.
And if you have MT4 programing questions, feel free to email me (my email address is in the PDF inside the FXOE archive).
Also regarding programming, make sure to check into www.metaquotes.net on a regular basis, just follwing the questions there can be quite helpful.
Also feel free to add to the package mentioned above ...
I don't follow the development of the system anymore and I guess a good programmer will always be helpful :D Btw, the latest versions of my package and the originals is on page #66.
Markus a good read :rolleyes: after 75 pages, i need a rest, but anyway i've learned this system for couple days and it was complicated for me to find the right entry.
but i found a pretty convincing entry using the combination of BunnyGirl's system and Fxovereasy, it's if i could enter the market straight away after both entry signal confirm(it's ok too be late, but i managed couple pips) my 2 cents :p last but not least thx to perky who shared this system and everyone who gave his/her effort in the system.
i traded fxoe last week.
Overseen, its is a great help and i made 54 pips nice and steadily, lots of small wins in a row and my losses were tiny, 1-3 pips.
The expert is useful thanks for coding it, but didnt seem to take into account the channel direction - this appears to be the asctrend variable.
Shimodex? Right now on my list is to have this problem fixed with the current expert, then investigate bunnygirls system and a possible convergence, as stated above.
I didnt find an expert for bunnygirls system, is there a good reason for this (ok wrong thread i realise).
I think my dreams of months ago of creating a fully automated system were just that - dreams - the more i look at it the more i realise the human factor is needed to interpret news and events too.
Although...
that could be factored in too....
Ok one thing at a time.
Anyway - cheers perky for sharing.
Giotto, i understand you basicaly trade BGX with your own changes.
i could think of many ways to combine BGX with FXOE but i'm curius to know what your experience has teach you and how are you doing it.
if this is not the right forum to ask that question, could you please point me to the right one or answer to my email at: roter@netvision.net.il thanks for your contributions.
Mario @pablo Both, the ifxovereasy12 expert and the fxoe-combo do take shi-channel into account.
The useasctrend input controls if it waits on asctrend or if it can enter without the asctrend signal (this is an option in perky's system, please see the description on page 1).
Markus For all who are looking for mods of the system.
In some backtest is has proven valueable to enter a trade only if the LRSI (Laguerre) has been below or above the respective level (0.15/0.75) for some time before crossing out.
Just food for thought.
Markus Something that looks good for us, the "blind for software coding" people.
============ Re: You can creates the advisors not studying MQL now We shall write on your request free-charge any indicators for: - Gordago Stock Optimizer - MetaTrader4, MetaTrader3 - translate from MQLII into MQL4 - from Omega, MetaStock and another into MetaTrader4 - any dll and etc.Page 15 of 19 &laquo; First &lt; 6 7 8 9 10 11 12 13 14 15 16 17 18 19 &gt; Show 40 posts from this thread on one page Powered by: vBulletin Version 3.0.7Copyright &copy;2000 - 2005,  Ltd.Fxovereasy System&nbsp; http://fxovereasy.50webs.com/Home.html =) Anyone tried it? ---------------------------------------------------------------------------------- The System works off 15 min charts.
We are looking for 3 things ......
3 reasons to enter the market.
1.
DIRECTION.
SHI channels which automatically recalculate in real time gives us the direction we are going to trade.
If slope is down we are only looking to sell, if slope is up we are only looking to buy.
If the channel is thin (narrow) we dont trade .
If price falls outside the channel we dont trade(unless in a trade already) we wait for a new channel to form.
2.ENTRY/EXIT.
Remembering we ONLY trade in the given direction of the slope of the SHI channel!! The first indicator is normally I_trend (red crossing to top - sell , green crossing to top - buy) The second is La Guerre.
When the La Guerre line crosses down through .75 line (top line) look to sell.
When the line crosses up thru .15 line (bottom line) look to buy.
If Juice is still green leave trade to opposite side of channel if it is red then exit trade when La Guerre line reaches its Mid line (.45).
Perkyasctrend1 is for the weary and the last indicator to normally show Pink dot sell blue dot buy.
This indicator is not necessary for advanced traders.
Safety stops I use are 15 pips.
3.
VOLATILITY.
This last but not least indicator is called Juice.
Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green.
Indicators you can find here: Click Here Chart examples you can find here: Click Here don_forex I have been trading this system for a couple of days now.
Following the rules has resulted in 3 of 3 winners capturing 62 pips in 3 hours.
:D I didn't follow the rules and lost one trade for 14 pips.:( Ending balance was +$434.61 This was in one account.
In another account, I was 5 for 5 capturing 131 pips for $1085.33 following the rules.
Not following the rules, I was 2 for 3 capturing 1 pip for a total of $9.10...
Overall, I am extremely happy with this system.
I want to create a EA to trade this automatically.
If any one can help that would be great.
My skills as a programmer suck! The website has the indicators and the system on it.
www.fxovereasy.atspace.com Thanks!!:D :D Don Aren't these indicators only for MT4? So where are you trading it? MT4 data from most brokers is still just crud.
Sounds interesting when MT4 becomes reliable.
don_forex Originally Posted by traderone Aren't these indicators only for MT4? So where are you trading it? MT4 data from most brokers is still just crud.
Sounds interesting when MT4 becomes reliable.
Hi! Yes, these are for MT4.
I was (am) using Metaquotes.
I have recently started an Interbank FX demo account for the 2 pip spread on the eurusd.
So far, I have had no problems that I am aware of at this time.
I wouldn't know if I have had problems.
I have had good luck so far.....:) Don Originally Posted by don_forex Hi! Yes, these are for MT4.
I was (am) using Metaquotes.
I have recently started an Interbank FX demo account for the 2 pip spread on the eurusd.
So far, I have had no problems that I am aware of at this time.
I wouldn't know if I have had problems.
I have had good luck so far.....:) Don I'm afraid that Interbank's FX data for MT4 is very flawed.
Partial bars for Sunday and Friday and goofy stuff like that.
They admit that the data is flawed and they are working on it.
The best I have heard of so far for demo on MT4 is Alpari.
I think the system looks very interesting though.
Can't wait to start getting good FX data so we can really test some of these MT4 indicators and scripts.
Hey, thats really nice and good, i will work with it and report you feedback....
Cheers Viswa Is it possible to backtest this strategy:confused: don_forex Originally Posted by jimprice Is it possible to backtest this strategy:confused: I'm sure that it might be able to once a Expert Advisor is created.
Right now, no.
I am demoing it and I figure that the best way to test this system is to simply forward test it...
:cool: It may take longer this way, but, more realistic...
Don Sorry, New to MT4 --- How do i copy the indicators into the requisite file in MT4? Figured out how to place indicators in the indicator file...now how do i place them on a chart? Thanks don_forex What currencies are you trading? What did you do when not following the rules? Does anyone know anything further about this system and its' origin? It looks like it's re-named RSI and ADX indicators.
Is there any previous trading history? Do we know who set up the fxovereasy site mentioned by Ellie4? It looks like it is worth watching.
regards Sonvolt10 To load the indicators into MT4: C:\program files/metatrader4/experts/indicators You will then find them by going to Insert.....Indicators........Custom If you have metatrader open when you save them as above, you will need to close metatrader and re-open it for you to locate them.
Regards don_forex Originally Posted by foroz don_forex What currencies are you trading? What did you do when not following the rules? Does anyone know anything further about this system and its' origin? It looks like it's re-named RSI and ADX indicators.
Is there any previous trading history? Do we know who set up the fxovereasy site mentioned by Ellie4? It looks like it is worth watching.
regards I have been trading the eurusd, usdjpy, usdchf.
I haven't got around to looking at more, yet...
I plan to look at gbpusd, and eurjpy.
Might include a couple of others as well...
The main thing I did when NOT following the rules was trade against the SHI_Channel.
The other was, after closing a winning position, to open another position thinking I could get a few more pips...
Trust me, stick to the rules...:eek: :D Don Had you mt3 indicator? :rolleyes: don_forex Originally Posted by timz Had you mt3 indicator? :rolleyes: So far, I am only aware of MT4...
I suppose somebody could convert it back to MT3, I can't.
I don't know how...
Don fxovereasy site is not responding for me.
Anyone else? It seems to be on again and off again.
Must not be holding your mouth right.:) don_forex Originally Posted by davidwt fxovereasy site is not responding for me.
Anyone else? I was just on the site a minute ago...
Don ;) don_forex Try this address http://fxovereasy.atspace.com/ I know this works.
Don I don't have a problem getting on to the site.
The only thing is that Example trades 4, 5 and 6 do not bring up any charts but give me an error or return me to the home page.
Don_forex have you noted whether you have entered any trades after the price has crossed the middle SHI channel line? The most recent trade on the GBP (long) had the entry above the middle line of the SHI channel.
It was successful, but it would need to take into account the width of the channel to ensure that there was enough profit potential.
Thanks Ellie4 for drawing this sytem to our attention.
regards Don, How many signals does the system generate per pair per day? On what basis do you exit a poisiton? Does the dot indicate to buy/sell at the exact time it appears? Thanks Dan S I think the exit rules are pinned to the point on the site...
sonvolt10 One of the things you will learn when you watch the asctrend is that the ball can appear and disappear during the particular time frame you are trading, so I'd wait for the time period to complete.
The other thing I'd point out, that having used the asctrend ball in another method, the ball can change the candle it was on after completion of the candle! Of course it is too late if you have traded using the ball for entry.
There is another version of asctrend which has arrows instead of balls and this seems to be more stable.
Regards don_forex :D Originally Posted by sonvolt10 Don, How many signals does the system generate per pair per day? On what basis do you exit a poisiton? Does the dot indicate to buy/sell at the exact time it appears? Thanks Hi! I don't know how many it will generate.
It could only be one for all I know.
I would think on the pairs that do a LOT of trading like the usdjpy, you might get several opportunities.
Normally on the exit, you exit when the trade reaches the far side of the SHI_Channel.
The dot shows up at the close of a candle.
The reason the website says it is for the weary is just to let you know that you are ready for a trade.
It does not come on at the exact point you should enter a trade that I have noticed.
I would suggest to you that you reread the system and really digest the information.
That is the only way I was able to learn this system.
It is simply a matter of trading in the direction of the channel and then entering a trade on the conformations of the indicators.
:D Don don_forex Originally Posted by foroz I don't have a problem getting on to the site.
The only thing is that Example trades 4, 5 and 6 do not bring up any charts but give me an error or return me to the home page.
Don_forex have you noted whether you have entered any trades after the price has crossed the middle SHI channel line? The most recent trade on the GBP (long) had the entry above the middle line of the SHI channel.
It was successful, but it would need to take into account the width of the channel to ensure that there was enough profit potential.
Thanks Ellie4 for drawing this sytem to our attention.
regards Hi! I have had the same problems with the examples.
I have tried to email the website, but, I have not had a response yet.
As far as the entry, I guess that it doesn't matter where the price is in relation to the SHI_Channel.
I would still trade it if the indicators supported a trade.
If you are trading in the same direction as the channel then as time goes by the channel will continue to climb as well until such time that it is redrawn.
Don don_forex Originally Posted by foroz sonvolt10 One of the things you will learn when you watch the asctrend is that the ball can appear and disappear during the particular time frame you are trading, so I'd wait for the time period to complete.
The other thing I'd point out, that having used the asctrend ball in another method, the ball can change the candle it was on after completion of the candle! Of course it is too late if you have traded using the ball for entry.
There is another version of asctrend which has arrows instead of balls and this seems to be more stable.
Regards If you are going to use the ball to trade you will have to wait for the candle to close before it shows up.
I repeat, it only shows up at the close of a candle IF the candle close is supported by the indicators according to the rules.
Depending on the length of the candle, you might lose a lot of potential profit.
I would suggest anyone out there who can program MT4 to create an EA.
This would insure that the maximum amount of pips could be captured according to the rules.
As far as balls versus arrows, you can go into the indicator and change the number to change to an arrow if you wanted too.
Just modify it and compile it.
Originally Posted by foroz The most recent trade on the GBP (long) had the entry above the middle line of the SHI channel.
It was successful, but it would need to take into account the width of the channel to ensure that there was enough profit potential.
regards Wasn´t the channel down, so being long would have been against the main rule ? regards tom don_forex Originally Posted by tomkit66 Wasn´t the channel down, so being long would have been against the main rule ? regards tom Hi! That was the same thing I was thinking as well...:D :D Don ForexOvereasy indicators&nbsp; 2 Attachment(s) For those having problems with the site, I've attached the indicators and a trade example.
The system's use of La Guerre doesn't make sense to me.
Since La Guerre ranges between 0 and 1, shouldn't the important levels be symmetric (0.75, 0.5, 0.25 or 0.85, 0.5, 0.15)? 1 Attachment(s) Don, thanks for letting us know how you are doing with this setup.
Have you changed any parameters (i.e.
the amount of bars for calculations the trend channel etc.)? Could you post a screen shot so I can compare the looks with mine? As I went through some charts I recognized that it´s hard as usual to stay out of choppy and non trending markets.
Which signals would you have taken and where would your exits have been? Thanks Tom Originally Posted by don_forex Hi! That was the same thing I was thinking as well...:D :D Don it took me a few minutes because I though my channel settings aren´t working properly ...
;) don_forex Originally Posted by apple For those having problems with the site, I've attached the indicators and a trade example.
The system's use of La Guerre doesn't make sense to me.
Since La Guerre ranges between 0 and 100, shouldn't the important levels be symmetric (0.75, 0.5, 0.25 or 0.85, 0.5, 0.15)? Thanks for posting the indicators.
I just figured people were interested they would have gone to the website to get them, thus saving server space.
:) I would think as far as LaGuerre is concerned, they (the authors of this great system) have done extensive testing and have concluded that this is the most optimal settings.
Maybe once an EA is created (hint, hint!) we will be able to play around with the numbers...
But until then, who knows...
Don don_forex Tomkit66: The reason I haven't posted any charts is due to the fact that the SHI_Channel changes in the direction and slope as time goes by.
I think ;) that this might be a concern when an EA is created (hint, hint!) when you go to backtest.
Having said that, Maybe it won't be, because it is going to set up the indicators at that time.
I don't think one will be able to manually backtest due to the channel's dynamic nature.
You might be following an up channel trade and then exit according to the rules and then the direction might change due to the indicators.
How then would you know when it was in an up diection once the channel has changed direction? :confused: Food for thought...
Don don_forex Originally Posted by tomkit66 Don, thanks for letting us know how you are doing with this setup.
Have you changed any parameters (i.e.
the amount of bars for calculations the trend channel etc.)? Could you post a screen shot so I can compare the looks with mine? As I went through some charts I recognized that it´s hard as usual to stay out of choppy and non trending markets.
Which signals would you have taken and where would your exits have been? Thanks Tom I remember in between your 2nd and 3rd signals, it was in an UP direction.
The buy indicator was the start of a trade I took for a profit.
This is what I am alluding to when I say that a manual backtest will be nearly impossible due to the dynamic nature of the channel...
Don don_forex Tom, Another thought just came to me...
When you look at the examples on the website, they are only referring to the most current trend and trade setup...
Hope this clairifies your question...
Don don_forex The only two things I can think of to overcome this is to 1.
Forward test this system and take a snapshot of each trade as it sets up so you have an accurate history.
And Most Importantly 2.
Somebody PLEASE create an EA for this system!!!:D :D :D :D :D Don Originally Posted by don_forex Tomkit66: The reason I haven't posted any charts is due to the fact that the SHI_Channel changes in the direction and slope as time goes by.
I think ;) that this might be a concern when an EA is created (hint, hint!) when you go to backtest.
Having said that, Maybe it won't be, because it is going to set up the indicators at that time.
I don't think one will be able to manually backtest due to the channel's dynamic nature.
You might be following an up channel trade and then exit according to the rules and then the direction might change due to the indicators.
How then would you know when it was in an up diection once the channel has changed direction? :confused: Food for thought...
Don Ahh okay - now I understand.
Since the market is closed now I do not see how the channel adjusts to price.
I thought the channel calculation for so many bars will point most of the time in the direction I can see right now (market closed).
You are absolutely right that manually backtesting is almost impossible :eek: Unfortunately I cannot help wit EA - dumb sheep regarding coding = that´s me :o Apple or anyone Do the indicators in this zip work with MT4 as well or only for strat builder version? Tks Originally Posted by apple For those having problems with the site, I've attached the indicators and a trade example.
The system's use of La Guerre doesn't make sense to me.
Since La Guerre ranges between 0 and 100, shouldn't the important levels be symmetric (0.75, 0.5, 0.25 or 0.85, 0.5, 0.15)? Originally Posted by don_forex Tom, Another thought just came to me...
When you look at the examples on the website, they are only referring to the most current trend and trade setup...
Hope this clairifies your question...
Don Yep Don, picture is getting clearer thanks to your help ! :) Tom P.S.
You are right.
It would be very nice if someone with coding abilities would look into it ...
Originally Posted by Angela Apple or anyone Do the indicators in this zip work with MT4 as well or only for strat builder version? Tks Angela, works fine with the standard MT4! Tom All times are GMT.
The time now is 15:13.
Page 1 of 19 1 2 3 4 5 6 7 8 9 10 &gt; Great Tom tks for the fast reply.
Not sure what you mean by standard MT4 but I will give it a shot anyway.
Tks to all Originally Posted by tomkit66 Angela, works fine with the standard MT4! Tom sorry, I meant the version from MetaQuotes - hope that helps! good trading Tom don_forex StrategyBuilder does use mq4 language.
It should be compatible.
I haven't tried it yet....
Don EDIT -- FYI - I use Metaquotes and i n t e r b a n k f x.
Both of them use MT4.
Don Does anybody know when mt4 starts getting quotes in as of now it has not updated yet and most brokers are open by now.
As far as the la quarra or whatever its called i dont wait for it to cross i just look for it to be above .75 to sell or below .15 to buy if you wait for the cross a lot of times u lose quite a few pips you might have a couple more losers this way but when its above and all the other signals have hit it almost always crosses don_forex Originally Posted by goodboy Does anybody know when mt4 starts getting quotes in as of now it has not updated yet and most brokers are open by now.
As far as the la quarra or whatever its called i dont wait for it to cross i just look for it to be above .75 to sell or below .15 to buy if you wait for the cross a lot of times u lose quite a few pips you might have a couple more losers this way but when its above and all the other signals have hit it almost always crosses What I have done is wait for the cross, then buy.
If the price drops lower that the original purchase, I buy a 2nd position at the better price.
still following all of the rules.
So far, this has proven to be quite profitable...
Don Hi Don can you keep posting your result? what is your win rate since you start using this strategy? perky_z sorry I didnt know this thread had started the system is mine there is no mt3 indicators for this system ive been using it for 4 months and making steady profits the first month i made 1 loss normally trading only once per session and yes and as someone mentioned in a past post ,everytime i didnt trade with the indicators i had a loss it looks like adx but is more reliable and faster RSI I dont know what you are comparing it to but RSI hasnt been used Juice is a fancied up std deviation indicator which is a indicator supplied with meta4 there is a chat room operational http:fxovereasy.atspace.com/chat.html or click the chat now button from the home page ( if you know how to get there) perky_z sorry i forgot to mention the chat is normally manned from gmt 8;30ish am till 4pm (gmt) ill try to get back to this forum from time to time and check things and yes it is my system :) gl gt perky_z Thanks a lot for this system, it looks very interesting at this stage.
Can you tell us any of the thinking behind this, to get system? Regards perky_z Originally Posted by foroz perky_z Thanks a lot for this system, it looks very interesting at this stage.
Can you tell us any of the thinking behind this, to get system? Regards 3 years experience has shown me you need to wait and wait and wait for setups to entr we really need 3 things Momentum - juice gives us this Direction / Entry- shi channels and i trend and la guerre give this Exit shi channels along with reading the other indicators gives this I have been writing indicators in meta language over 2 years and finnaly happy with a system I can trust that I am sharing Thanks for this system PerkyZ.
This looks very impressive so far.
I am amazed at how generous people are on Monetec.
Thanks alot guys &amp; gals! God bless you all don_forex It is a shame I have to get ready for the J.O.B.
:rolleyes: I would like to stay and talk for a while.
I will see you guys in 15 hours...
1 Attachment(s) What a great move by this system so far today! :) 1 Attachment(s) Hi rglenn, Can you tell me what does the Red dot represents....i didnt understand what does it meant for....
Cheers Viswa Hi Viswa The red dot is just a warning for when the price bar hits the bottom trend line.
I am also new to this system so I don't know if there is a red dot shown when it hits the top of the trend channel.
Maybe someone who has been using this system a bit longer could give us a bit more info.
vishwamv The red circles mean that at that time the price was outside the channel line.
The channel lines keep moving throughout the day with movements in the market.
If you have had your computer on for a while, you'll see several of these red circles.
Just change to a higher time frame and back again to get rid of the red circles.
Regards Hi, I am new in this Thread, this System looks very great.
Can i get this Indikators also for VT Trader (CMS)?:confused: masterpiece` Ek, download and install Metatrader4, and use it as your forecasting tool, but trade on your CMS platform, many pple here do it this way.
Is metetrader4 and Strategy Builder 3.85 different or the same thing? If different, then which is best for Fxovereasy system? I have my account with FXCM.
Thank you materpiece, I'm just doing that, but I thinked that I can use it directly on VT Trader.
Thank's for your fast answer.
Regards EK Originally Posted by PTB Is metetrader4 and Strategy Builder 3.85 different or the same thing? If different, then which is best for Fxovereasy system? I have my account with FXCM.
you need to download metatrader (its free) from here: http://www.metaquotes.net/metatrader/ then follow the instructions to install the indicators.
Thanks, Should I download the "Client Terminal or Data Center"? Does the client terminal give me the demo account whereas the data center does not? At present I prefer staying with the trading platform of FXCM as that is what I'm familiar with.
masterpiece` Client Treminal is what you probably need.
The BT is a bit costly imho, I'm not using it, but many clone BT indicators are implemented into Metatrader4, so why not try the free stuff first and see if it works for you or not? )) I would download the Client Terminal here http://www.metaquotes.net/terminal you can use it for your charting and still make your trades using FXCM (you will have to have both running at the same time).
Once you download metatrader, you will have to open a new (free) demo account with them using the File drop down menu.
I have used a fake name and email address in the past in order to avoid getting their newsletter :) masterpiece` Oh, and does the demo account ever expire on metatrader? i'm just using it for about a week or so, so don't really know.
Thnx.
"BT" I don't understand that term? masterpiece` BT = Brain Trader perky_z Originally Posted by masterpiece` Oh, and does the demo account ever expire on metatrader? i'm just using it for about a week or so, so don't really know.
Thnx.
It does expire after 1 month but you just go to file in top left and open an account and you will get another month Originally Posted by masterpiece` Client Treminal is what you probably need.
The BT is a bit costly imho, I'm not using it, but many clone BT indicators are implemented into Metatrader4, so why not try the free stuff first and see if it works for you or not? )) Bringing up BT in this thread is really off-topic, and why was it even mentioned? masterpiece` david, I apologize, if this is not enough, you can erase my post if you're moderator.
What is considered to thin/narrow of SHI channels to not trade (in pips, or size of candles, or ...)? (at least an approximation.) Dan S Hi David, I attended perkys live chat yesterday and she want the channel at least about 50 pips broad, if the channel is thinner than that your profit target might not be worth taking the risk/trade.
Are you working on an EA? Thank you for answering, Dan.
In response to creating an EA, I don't know yet.
I am thinking about it, but I will do some steps first: get familiar with this system by trying it a few times in demo account; trade a few times live, then decide on the following steps.
If its worth pursuing for me, then I may first write an alert expert (easier and confirms entry/exit rules are correct), then finally I may write an expert.
I apologize for not committing sooner for doing an expert, but I've written too many promising ones (and the systems based on them are still good systems) that don't work when completely automated, that I have no desire to waste time programming vs.
trading for real money :).
But it won't take me long to evaluate to proceed, as I'm not that patient :).
If nothing else, at least an expert for alerts will be useful, even if not totally automated.
Anyone else have problems with MT4? I usually use an MT3 feed with Metastock.
MT4 doesn't seem to be working for me.
No connection to the server.
masterpiece` Their server seems to be down now, I get no connection also, neither can access their site.
Dan S The "problem" which propably is an advantage (!) is that you wait a long time to have a perfect setup, and there might not even be a trade every day.
Thats why I would love to have any kind of alert.
I dont want to automate this.
Dan S Btw, I see possible setups on all the pairs I am watching right now.
Originally Posted by foroz Sonvolt10 To load the indicators into MT4: C:\program files/metatrader4/experts/indicators You will then find them by going to Insert.....Indicators........Custom If you have metatrader open when you save them as above, you will need to close metatrader and re-open it for you to locate them.
Regards Hi there, How does one transfer one of the FXOverEasy indicators to C:\program files/metatrader4/experts/indicators.
How do I convert the indicators to .exe files? Regards, Ásgeir The above is my question also.
Seems like most of those posting on this thread really know their way around a computer.
I can get by OK but my motivation to learn this machine is fired by my desire to learn to trade.
I'm pretty good at running a farm tractor, hay swather or grain combine as I've been a farmer most of my life.
But learning anything new on this computer requires the step by step most elementary path.
I suspect that I'm not alone.
Those of us in this situation would appreciate greatly the help from those of you who have the patience and knowlege to be of assistance.:confused: :o :) Originally Posted by issi1206 Hi there, How does one transfer one of the FXOverEasy indicators to C:\program files/metatrader4/experts/indicators.
How do I convert the indicators to .exe files? Regards, Ásgeir Hi, Why do you want to convert the indicator to .exe? All times are GMT.
The time now is 15:13.
Page 2 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 &gt; If I understand the question...how do you get the indicators from the website onto the Metatrader charts...in layman's vocabulary? Originally Posted by PTB If I understand the question...how do you get the indicators from the website onto the Metatrader charts...in layman's vocabulary? You save the files in C:/Program Files/Metatrader 4/experts/indicators Then open up MT4.
Click on the menu at the top that says insert, and then indicators, and then custom.
All the files should be in your custom indicators folder.
perky_z Originally Posted by Dan S The "problem" which propably is an advantage (!) is that you wait a long time to have a perfect setup, and there might not even be a trade every day.
Thats why I would love to have any kind of alert.
I dont want to automate this.
Alerts are my specialty the problem what do you use for a trigger i trend?? la guerre?? perky_z thanks for helping the newbies I better put a second pot of coffee on for the chat room 8:30am gmt till 3-3:30pm :) perky_z Originally Posted by PTB If I understand the question...how do you get the indicators from the website onto the Metatrader charts...in layman's vocabulary? I assume when you clik on the indicator on the indicators page it asks to open or save?? well if do choose save and save each one to \program files\metatrader4\experts\indicators folder then if you have meattraer open close it and re open it and under custom indicators on the navigator panel they should be there waiting for a double click and ok as the parameters are all correct make sure you are on the 15 min chart and you are away if you still cant come to the chat room and you will get step by step help where is the chart room?? on the home page "chat now button" just put in a nick password is not necessary Originally Posted by perky_z Alerts are my specialty the problem what do you use for a trigger i trend?? la guerre?? Tks parky_z if alert is added to the system.
Alert : I wd like 1st alarm on on i trend, 2nd/final on la guerre !!! Do you suggest any better ...........
WBR / GKBRIA Originally Posted by perky_z Alerts are my specialty the problem what do you use for a trigger i trend?? la guerre?? Hi perky_z, Is it possible for you to combine the i_trend, La Guerre and Juice indicator to one custom indicator like palanka FX10_setup http://www.strategybuilderfx.com/fo...anka#post121536 Thanks Dan S Originally Posted by perky_z Alerts are my specialty the problem what do you use for a trigger i trend?? la guerre?? A trigger with juice, i-trend and laguerre agreeing would be nice, I could than check the channel and decideo to trade or not.
Hi Perky, I can´t get access to your site, is this the correct url : http://fxovereasy.atspace.com/index.html ?? Thanks Ampu I could get on to the site by clicking on the link you posted, so it is working for me.
Regards Hi all, Could someone enlight me more about SHI channels? What's the logic behind them? When do they change from negative to positive and vice versa? Thanks It appears that the SHI Channels are based on 2 higher high points or 2 lower low points to determine market direction.
im looking for the chat is it the moneytec chat?? does SB have chat it would be nice to talk live about this system please give me step by step reaching the chat thanks :) Originally Posted by Dan S A trigger with juice, i-trend and laguerre agreeing would be nice, I could than check the channel and decideo to trade or not.
i agree a trigger would be nice! i wish i could program one ....oh well for the one who writes it i will send my winning pips :D :) hi perky, i cannot access the website, neither other people in america, hope we can make it soon, kind regards.
BTW, signal today in euro long.
:D Is it me or the indicators that make up this system setup make MT4 very slow? I tried it in 2 diferent computers and MT4 is slower than it has ever been with any other indicators PS: i'm finding the channels very useful for confirming or choosing my own system signals.
I'm long euro 2215 Originally Posted by forextrades You save the files in C:/Program Files/Metatrader 4/experts/indicators Then open up MT4.
Click on the menu at the top that says insert, and then indicators, and then custom.
All the files should be in your custom indicators folder.
Ok, the indicators form is just a bunch of texts.
I save the texts to what form? word?excel?, notepad? sorry for the lack of computer skills Originally Posted by issi1206 Ok, the indicators form is just a bunch of texts.
I save the texts to what form? word?excel?, notepad? sorry for the lack of computer skills The indicators are already in their correct form: they all have the extension .mq4 You just download the indicators.zip file that is available in this thread and unzip the indicators to the indicators folder in Metatrader4 directory on your computer Then restart Metatrader and the indicators are available under the navigator button PS: Perky, could you please expand on the channels logic please? Sorry but I don't have access to the chat anymore, don't know if it is from my firewall or what Haven't been able to get website/chat room all day either.
I just get the letter H on a blank page.
Trying since 9am gmt :( strange i log into chat but what i type is not showing and getting several not registered messages...
one of those days Hum, those red circles when price touches channel seem pretty significant Can someone program an alert when a red circle appears? Interesting situation: up channel in euro with a touch in lower band and down channel in cable with touch in upper band seems the way is up tough shi channel is as trend channel and i will try to explain the theory of it with almost every trend there are retracements and a retracement is when the market goes in a direction for a while it will pull back or retrace before it continues in that direction.
So if the market is in a uptrend the best time to buy is at the bottom of the pull back/ retracement and that is what the system does As far as people having problems getting a feed from metatrader i had the problem of getting no feed so i opened up an account with and downloaded their metatrador as its the same one and u can put the indicators in there and the feed is pretty good Hi There, I have read the system, but I cannot see an explination to the exit of a trade, I can see an explination to an entry.
Could someone advise.
Thanks I believe you exit when it hits the top of the shi channel if your going long or hits the bottom when your going short 1 Attachment(s) Originally Posted by goodboy As far as people having problems getting a feed from metatrader i had the problem of getting no feed so i opened up an account with and downloaded their metatrador as its the same one and u can put the indicators in there and the feed is pretty good Which account did you open to get feeds other then MetaQuotes? I heard StrategyBuilder has a feed but its only for paid accounts :( Here is a copy of a recent setup in EUR/USD.
Here I will probably exit before the top of the chanel.
Perhas the most recent support area.
Today has been very choppy :( 1 Attachment(s) In order to either automate or create an alert, the rules need to be more explicit.
For each indicator, not only does the rules need to say when its signaling a buy or sell, but also needs to state when its no longer a buy or sell signal.
Usually their are three states that a signal rule is in: buy, sell, stand aside.
Most forget to state the latter conditions.
I will illustrate today's chart of AUDUSD, and with the Laguerre indicator.
Is the blue vertical line a good buy? How long is the buy signal good for the Laguerre indicator? Till it makes a sell signal? till so many bars? till it crosses .45 or some other level? Was this a good buy signal since all are signaling a buy? there are a couple of brokers that use metatrador i would suggest opening a demo with one of them and getting the feed from them i use i forgot to put that in my last message, sorry For some reason it wont post the name of the broker i use to get the feed Hey Perky, Nice to see so much attention for your system.
I hope people are donating some pips to you.
:) Goodboy......
Put the name of the broker in with spaces or hyphens or something so we can still tell what it is.
I don't understand why we can't ocassionally mention names of brokers on here.
O-a-n -d a In-ter-, , ban--k-f--x---.
Something like that.
Kinda crazy.
Thanks for your help.
Interesting thread here.
Well the broker you just listed is the one i use hi everyone.
looks like there has been a good amount of interest in this system.
is anybody out there using it and making money on a live account? SHI_Channel improvement&nbsp; I added one line of code to end of the start() function in SHI_Channel: Code: Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0)); to show the height of the channel.
hi there, anyone can explain the algorithm behind the shi_channels?? i´m trying to translate the code to other charting software but i can´t get the whole logic behind this.
tia.
Originally Posted by davidwt I added one line of code to end of the start() function in SHI_Channel: Code: Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0)); to show the height of the channel.
Nice! Could you please add an alert when the red circles appear on chart, please? don_forex Here is my latest results using this system...
Interbank FX, LLC A/C No: 999999 Name: Don Lawson 2005 August 23, 22:59 Closed Transactions: Ticket Open Time Type Lots Item Price S / L T / P Close Time Price Commission R/O Swap Trade P/L 1195855 2005.08.23 04:00 buy 1.00 eurjpy 134.14 134.48 0.00 2005.08.23 10:09 134.48 0.00 0.00 309.46< tr> 1197801 2005.08.23 14:32 buy 1.00 usdchf 1.2709 1.2706 0.0000 2005.08.23 17:21 1.2730 0.00 0.00 164.96< tr> 1198309 2005.08.23 16:07 buy 1.00 audusd 0.7557 0.7534 0.0000 2005.08.23 18:39 0.7560 0.00 0.00 30.00< tr> 1198730 2005.08.23 17:33 buy 1.00 eurusd 1.2223 1.2199 0.0000 2005.08.23 19:07 1.2226 0.00 0.00 30.00< tr> 1198745 2005.08.23 17:36 buy 1.00 eurusd 1.2216 1.2197 0.0000 2005.08.23 18:20 1.2218 0.00 0.00 20.00< tr> 1198890 2005.08.23 18:20 sell 1.00 usdchf 1.2717 1.2716 0.0000 2005.08.23 19:07 1.2715 0.00 0.00 15.73< tr> 0.00 0.00 570.15 Deposit/Withdrawal: 0.00 Credit Facility: 0.00 Closed Trade P/L: 570.15 Open Trades: Ticket Open Time Type Lots Item Price S / L T / P Price Commission R/O Swap Trade P/L 1199314 2005.08.23 21:03 buy 1.00 usdjpy 109.87 109.67 0.00 109.88 0.00 0.00 9.10 0.00 0.00 9.10 Floating P/L: 9.10 Working Orders: Ticket Open Time Type Lots Item Price S / L T / P Market Price No transactions A/C Summary: Previous Ledger Balance: 3 202.94 Floating P/L: 9.10 Closed Trade P/L: 570.15 Total Credit Facility: 0.00 Deposit/Withdrawal: 0.00 Equity: 3 782.19 Balance: 3 773.09 Margin Requirement: 1 000.00 Available Margin: 2 782.19 Best Regards Accounts Department Please report to us within 24 hours if this statement is incorrect.
Otherwise this statements will be considered to be confirmed by you.
Nice trading don!!!!! Please, if you could keep posting results, that would be great.
I rewrote the Laguerre RSI indicator and posted it in the downloads/file sharing area: http://www.strategybuilderfx.com/fo...p?do=file&amp;id=67 This is not to denegrade Emerald's work.
But I wasn't sure how the compiler for the scripts will be sure that when an indicator is called multiple times on the current bar, whether the prior bar values are used when only storing them in variables.
So, the version I posted uses buffers to store the intermediate computations.
All times are GMT.
The time now is 15:13.
Page 3 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 &gt; David, it looks like they both produce the same results? What differences should I be looking for between your indicator and the original? Thanks hi don.
thanks for all of your feedback on this system.
can you please tell us if you wait for the ball for confirmation or do you just trade long(assuming you have the upward sloping trend) i trend has crossed, la guerre is past .15 mark, you have the juice green light, and make these trades as soon as you see this? The reason I ask is because these indicators can flicker back and forth and dont' give you an exact measurement until the time fram is up.
I guess, at times, the market could have gone in your favor but you missed the boat because you waited for all the indicators to close on the bar.
the other question is let's say you are long in a trade and up let's say 10 pips but suddenly you have downtrending la guerre and then you have the purple ball come up? would you exit trade there or would you still wait till your s/l has been hit.
all comments are welcome.
thanks very much.
thanks Don:):):):) perky_z Originally Posted by camisa Is it me or the indicators that make up this system setup make MT4 very slow? I tried it in 2 diferent computers and MT4 is slower than it has ever been with any other indicators PS: i'm finding the channels very useful for confirming or choosing my own system signals.
I'm long euro 2215 ive had no slowing down on my 2 computers perky_z Originally Posted by mwbro im looking for the chat is it the moneytec chat?? does SB have chat it would be nice to talk live about this system please give me step by step reaching the chat thanks :) i think you found the chat its off the home page on right chat now http://fxovereasy (dot) atspace (dot) com/index.html it must be http not www perky_z Originally Posted by mwbro strange i log into chat but what i type is not showing and getting several not registered messages...
one of those days maybe you are not using a unique name for example fred would probably give you not registered where FX_fred should be ok perkyz, thanks for sharing your system with all of us.
you mention that you have been programming for 2 years and that this system is one that you finally feel comfortable with and sharing.
you also mention that this system has been giving you steady profits for 4 months.
can you please tell how many pips on average per month the system has generated for you? do you also think that 4 months is long enough to test a system that you could feel comfortable with? please don't misunderstand and feel that I'm attacking your system.
i'm just trying to get a sense as to how it's worked for you and at the same time that eventhough this system may look promising, we should exercise caution.
It is really an interesting method.
It has made me discover there are other currencies in the world other than GBP.
I wonder if it is capable of being automated.
It was of concern last night to discover (in the perky_z chatroom) that some people had a downward sloping channel whilst others had an upward sloping shi channel on the same currency and on the same time frame! It seems unexplainable at present as o checking the data feeds some people with opposite sloping channelns had their data feed from the same source! I want to thank Perky_z for her generosity in sharing this method with others and trust that all the good folk who use it make the appropriate donation on the site.
Looking forward to seeing what the rest of the day brings.
regards perky_z Originally Posted by UncleJesse Which account did you open to get feeds other then MetaQuotes? I heard StrategyBuilder has a feed but its only for paid accounts :( Here is a copy of a recent setup in EUR/USD.
Here I will probably exit before the top of the chanel.
Perhas the most recent support area.
Today has been very choppy :( Hi jesse nice to see you cross here i hope you come to chat sometime http://fxovereasy.atspace.com/chat.html perky_z Originally Posted by issi1206 Ok, the indicators form is just a bunch of texts.
I save the texts to what form? word?excel?, notepad? sorry for the lack of computer skills try to just right click on the actual indicator tab then "save as" saving them to \program files\metatrader\experts\indicators then close open meta and they should be there replace \metatrader with your dealers folder if you are not using the metaquotes demo metatrader of course perky_z Originally Posted by gordoncass Hi There, I have read the system, but I cannot see an explination to the exit of a trade, I can see an explination to an entry.
Could someone advise.
Thanks simple answer exit on mid line of shi OR if there are high green bars on juice ride to the other side less spread of course perky_z Originally Posted by don_forex Here is my latest results using this system...
Interbank FX, LLC A/C No: 999999 Name: Don Lawson 2005 August 23, 22:59 Closed Transactions: Ticket Open Time Type Lots Item Price S / L T / P Close Time Price Commission R/O Swap Trade P/L 1195855 2005.08.23 04:00 buy 1.00 eurjpy 134.14 134.48 0.00 2005.08.23 10:09 134.48 0.00 0.00 309.46< tr> 1197801 2005.08.23 14:32 buy 1.00 usdchf 1.2709 1.2706 0.0000 2005.08.23 17:21 1.2730 0.00 0.00 164.96< tr> 1198309 2005.08.23 16:07 buy 1.00 audusd 0.7557 0.7534 0.0000 2005.08.23 18:39 0.7560 0.00 0.00 30.00< tr> 1198730 2005.08.23 17:33 buy 1.00 eurusd 1.2223 1.2199 0.0000 2005.08.23 19:07 1.2226 0.00 0.00 30.00< tr> 1198745 2005.08.23 17:36 buy 1.00 eurusd 1.2216 1.2197 0.0000 2005.08.23 18:20 1.2218 0.00 0.00 20.00< tr> 1198890 2005.08.23 18:20 sell 1.00 usdchf 1.2717 1.2716 0.0000 2005.08.23 19:07 1.2715 0.00 0.00 15.73< tr> 0.00 0.00 570.15 Deposit/Withdrawal: 0.00 Credit Facility: 0.00 Closed Trade P/L: 570.15 Open Trades: Ticket Open Time Type Lots Item Price S / L T / P Price Commission R/O Swap Trade P/L 1199314 2005.08.23 21:03 buy 1.00 usdjpy 109.87 109.67 0.00 109.88 0.00 0.00 9.10 0.00 0.00 9.10 Floating P/L: 9.10 Working Orders: Ticket Open Time Type Lots Item Price S / L T / P Market Price No transactions A/C Summary: Previous Ledger Balance: 3 202.94 Floating P/L: 9.10 Closed Trade P/L: 570.15 Total Credit Facility: 0.00 Deposit/Withdrawal: 0.00 Equity: 3 782.19 Balance: 3 773.09 Margin Requirement: 1 000.00 Available Margin: 2 782.19 Best Regards Accounts Department Please report to us within 24 hours if this statement is incorrect.
Otherwise this statements will be considered to be confirmed by you.
don you are my star pupil you never cease to amaze me! perky_z Originally Posted by davidwt In order to either automate or create an alert, the rules need to be more explicit.
For each indicator, not only does the rules need to say when its signaling a buy or sell, but also needs to state when its no longer a buy or sell signal.
Usually their are three states that a signal rule is in: buy, sell, stand aside.
Most forget to state the latter conditions.
I will illustrate today's chart of AUDUSD, and with the Laguerre indicator.
Is the blue vertical line a good buy? How long is the buy signal good for the Laguerre indicator? Till it makes a sell signal? till so many bars? till it crosses .45 or some other level? Was this a good buy signal since all are signaling a buy? this is very complicated and would require a whole thread i cant go into to much detail but about 5 bars back would have been the entry from the chart you posted..
laguerre was early - which is unusual i trend normally signals first for automation the best you can do is wait for cross of i trend then once thats is true wait for juice to turn green the shi is really for direction of safe trades - slope and bounds of the trade showing optimal entry and exits im telling you id be very surprised if you can automate it its like asking a computer to recognise your montherform a cam still i know there are factions around trying to automate it I have my spys :) I do like you channel width idea tho - mind if i use it? Perky_z Can you enter a short trade if the LaGuerre is at a level of less than 10 and a long trade if it is more than 80? Regards perky_z Originally Posted by mj5150 perkyz, thanks for sharing your system with all of us.
you mention that you have been programming for 2 years and that this system is one that you finally feel comfortable with and sharing.
you also mention that this system has been giving you steady profits for 4 months.
can you please tell how many pips on average per month the system has generated for you? do you also think that 4 months is long enough to test a system that you could feel comfortable with? please don't misunderstand and feel that I'm attacking your system.
i'm just trying to get a sense as to how it's worked for you and at the same time that eventhough this system may look promising, we should exercise caution.
I average 100 pips a week I only trade AUD no 4 months is not long enough to test a system you you better get testing straight away as to caution yes use a demo system but then id need to test it under different circumstances as we all know what one person may find profitable another may lose.
so you need to test it under YOUR conditions because believe me after 6 months more and the systems is still making good profits it may not still work for you.
you see you are the system...g/l and g/t perky_z I think I have answered my own question re the LaGuerre.
On thinking about it, I have likened it to the slow stochastic which can run along the top or bottom for a while whilst the market continues to move up or down.
I think the LaGuerre may be just like that, so this morning on the pound, there was a trade short when everything else lined up even though the LaGuerre reading was .0493.
I'm sorry to have missed all those nice juicy pips.
Do you agree? regards Originally Posted by UncleJesse David, it looks like they both produce the same results? What differences should I be looking for between your indicator and the original? Thanks Well, apparently none.
Maybe its not executing for the current bar more than one time, perhaps, so it doesn't get re-averaged on every tick.
I don't know for sure as I've not debugged it.
The techniques used in that indicator is similar to techniques I've had to use in MQL2, but always had to be sure saving prior values only took place once per current bar.
I wasn't sure that was happening for this, so I just rewrote it using buffer arrays, a capability in the new MQL4.
Originally Posted by perky_z this is very complicated and would require a whole thread i cant go into to much detail but about 5 bars back would have been the entry from the chart you posted..
laguerre was early - which is unusual i trend normally signals first I see that which I had missed before, though I wonder if the channels were sloping up at that time or had changed by the time of the vertical blue line (I can't remember, and I could very well have missed it as I'm new at this strategy).
Originally Posted by perky_z for automation the best you can do is wait for cross of i trend then once thats is true wait for juice to turn green the shi is really for direction of safe trades - slope and bounds of the trade showing optimal entry and exits im telling you id be very surprised if you can automate it its like asking a computer to recognise your montherform a cam still i know there are factions around trying to automate it I have my spys :) I would be surprised if I could too :), though I actually am fairly confident of coming close.
I'm just not sure its worth the effort.
Again, my first step will be to do an expert with alerts based on your rules.
That brings the process closer to automation or hilights what can't be easily automated.
Originally Posted by perky_z I do like you channel width idea tho - mind if i use it? That is exactly why shared it, so it could be used :).
After all, such a small contribution to a massive effort on your part.
perky_z Originally Posted by foroz Perky_z Can you enter a short trade if the LaGuerre is at a level of less than 10 and a long trade if it is more than 80? Regards sure if you want you can do anything but i wouldnt its all about waiting for the setup discipline and patience there will be days you dont trade Hi Perky Should you trade from the edge of the channel or only use the channel for direction and exit? perky, i dont know what`s hapenning, but i cannot access your website, since yesterday.
:confused: Originally Posted by blanca perky, i dont know what`s hapenning, but i cannot access your website, since yesterday.
:confused: Hey Blanca, me neither :( :( :( Still just getting a blank page with the letter H in top LH corner.
Spoke to my ISP,cleared cache, and disabled firewall - still nought :mad: Girls, I also can´t get access to the web page.....
:mad: Just a quick observation but this thread has grown exponentially quick.
don't you think? Originally Posted by matrung Just a quick observation but this thread has grown exponentially quick.
don't you think? Now it's new 50 post per 24Hr.
No of Hit/view !!!! ...................
re-calculate WBR / GKBRIA perky_z Originally Posted by Ampu Girls, I also can´t get access to the web page.....
:mad: sorry never had atspace this bad!!! I'm mad too ok if you want to enter chat you can use...
http://www.freejavachat.com?chan=fxovereasy when you get in type /nick and your nickname and make it original fred qont cut it fredFX21 will and oh dont forget the "/" at the front apologise for the pages being down Thanks for the help ive been scanning market all morning GMT +1 and not finding any overeasy formations wanting to know if im the only one?? :) I agree the "Channel Indicator" is a little flaky and usually causes me to miss a good trade.
I have been making my own trendlines and can get better results.
I think the trend lines are there to re-enforce the rule that you should only trade with the trend.
If you dont like them, then they can probably be omitted as long as you can define the short term trend.
Originally Posted by mwbro ive been scanning market all morning GMT +1 and not finding any overeasy formations wanting to know if im the only one?? :) The same goes for me.
This is a new version of the Comment() I posted earlier.
So, if you implemented the earlier Comment() statement into SHI_Channel.mq4 file, this replaces that one.
The new statement is: Code: Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0), " Slope = ", DoubleToStr(-Step/Point, 2)); Showing it in context (the new line is in red): Code: ObjectSet("MIDL",OBJPROP_WIDTH,1); ObjectSet("MIDL",OBJPROP_STYLE,STYLE_DOT); Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0), " Slope = ", DoubleToStr(-Step/Point, 2)); //---- return(0); } //+------------------------------------------------------------------+ which is near the end of the file, SHI_Channel.mq4.
Be sure to compile it after making the change.
my thought also the channel does not matter if you are in for a get in and get out trade of course timing is important perkey whats your thought on the channel? Originally Posted by davidwt This is a new version of the Comment() I posted earlier.
So, if you implemented the earlier Comment() statement into SHI_Channel.mq4 file, this replaces that one.
The new statement is: Code: Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0), " Slope = ", DoubleToStr(-Step/Point, 2)); Showing it in context (the new line is in red): Code: ObjectSet("MIDL",OBJPROP_WIDTH,1); ObjectSet("MIDL",OBJPROP_STYLE,STYLE_DOT); Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0), " Slope = ", DoubleToStr(-Step/Point, 2)); //---- return(0); } //+------------------------------------------------------------------+ which is near the end of the file, SHI_Channel.mq4.
Be sure to compile it after making the change.
i am sorry whats the purpose of this modification again?? in laymen terms :) you'll see two additional info: "channel size", which is the width of the SHI channel, and "slope", an indication of how steep is the SHI channel Hope this helps.
perky_z Originally Posted by mwbro my thought also the channel does not matter if you are in for a get in and get out trade of course timing is important perkey whats your thought on the channel? my thoughts on channel hummm lets just say my trading was ordinary until i found shi channel thats what started this whole system rolling without shi channel i was floating in a river of pips without oars i will admit alot of pips will pass you ny and most experienced traders can catch them the channel keeps you focused and waiting for a setup.
Originally Posted by hambalan you'll see two additional info: "channel size", which is the width of the SHI channel, and "slope", an indication of how steep is the SHI channel Hope this helps.
ok thanks hambalan Originally Posted by perky_z my thoughts on channel hummm lets just say my trading was ordinary until i found shi channel thats what started this whole system rolling without shi channel i was floating in a river of pips without oars i will admit alot of pips will pass you ny and most experienced traders can catch them the channel keeps you focused and waiting for a setup.
hi perky, thanks for the response, ive you seen any overeasy formations today? if so which pairs? Aud? im sure you have a sharper eye on this than me (being the creator) looks like uj is forming what looks like a overeasy....hmmm Just noticed that levels in Laguerre (0.15 and 0.75) are not symetrical Do you guys use this or 0.75 + 0.25? Originally Posted by perky_z ive had no slowing down on my 2 computers Just identified the cause of the slow down: replaced Laguerre indicator from page 4 in this thread for the one davidwt coded and MT4 back to complete smoothness thank you david! All times are GMT.
The time now is 15:13.
Page 4 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 &gt; Originally Posted by camisa Just noticed that levels in Laguerre (0.15 and 0.75) are not symetrical Do you guys use this or 0.75 + 0.25? Use the levels as they are...
Perky has done plenty of testing:rolleyes: .
These levels work.
Don't worry about symetry!:D Good Luck...
Don Hi there, first I wanna thank perky for this wonderful system.
Perky said that she traded AUD so I drawed up the AUD/USD chart and found 2 good sell/buy signals but the juice showed red and if we would have followed the "green juice rule" we would have missed out of 2 good 30 pips trades.
So do you people always follow the juice rule? regards, ásgeir issi You'll always find trades against any system, but the moment you take the trade it is not Perky's system you are following, you have effectively lost your discipline.
Trading requires a lot of discipline and following rules.
Just what would you be thinking now if those 2 trades had not made 30 pips, it would have enforced Perky's rules.
In an early posting Perky said: "I will admit alot of pips will pass you by and most experienced traders can catch them the channel keeps you focused and waiting for a setup." I suggest you follow the rules as written and do a reveiw each week looking at your results and of course your bank balance.
I keep a copy of the chart from when I enter a trade as the channels can change throughout the day and can be quite different at the end of a day compared to the start.
Personally, I think with Juice it is essential in being green.
Regards I aggree, I would think that it would be better to make an exeption with the AUD/USD ´cause of the low volume.
You can see the low volume clearly specially if you compare the volum with the Cable Issi The Aussie may well be a currency that develops an additional rule or rules, time will tell.
However, it is the only currency that Perky trades, so she would know it very well.
I would therefore go along with what she has discovered in relation to if for some time before I thought about altering it.
Now that so many of us have been made aware of this great method, I am sure over the next few weeks a variety of different comments will be made by people who have noticed things in relation to the currencies they trade.
Within the group we may well find others who just trade one currency.
I only ever traded the gbp until this week.
Keep recording your thoughts though as it is a great benefit for all members of forums.
Out of interest, would you give the details of the 2 aussie trades that you talked about, time (and include whether you are on gmt +2 or whatever) etc.
regards The two good trades at my opinion were the sell signal which was 08.24 02:00 on a 15 m chart and a buy signal 08.24 10:00 also on a 15 min chart I've only tried this technique for 2 days in a demo account but every trade I've tried to enter when one of the indicators was not set up have ended up with loses.
It reallly seems to me that there are going to be enough Overeasy setups that it's not worth trying to trade against the signals.
Just my 2 days worth of advice! Also, even though there may be some trades in the 30 to 40 pip range, it seems that more of the trades will end up in the 5 to 20 pip range so be careful and take reasonable profits and be happy with it.
There will be more setups ahead! I think thats good advice.
I just tried to go short with the EURO because all of the indicators lined up BUT the channel was going against me.
I learned a hard lesson :( From now on, I will follow the rules to the tee.
Davidwt, Do you know how to retrieve the value of Customer indicator "SHI_Channel" in MQ4 expert? I tried sth like SHI_High_1=iCustom(NULL,0,"SHI_Channel",240,0,0,1); It returns zero.
What parameters should be given for it? Thanks! Aaahhh, I just spent a few days on this system.
Putting an expert :cool: for it that follows Perky's system exactly.
I found that PerkyAsctrend1.mq4 indicator has a little bug in it, I fixed it.
And by adding a simple RSI the results get better.
But backtests look mostly bad.
I really hope that it was not so:(.
BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); Shahin Can you explain the bug please and provide us with a copy of yours that doesn't have this? What period RSI are you using? Are you using this as well as the other indicators? What trigger are you using for the RSI? Regards Originally Posted by Shahin Aaahhh, I just spent a few days on this system.
Putting an expert :cool: for it that follows Perky's system exactly.
I found that PerkyAsctrend1.mq4 indicator has a little bug in it, I fixed it.
And by adding a simple RSI the results get better.
But backtests look mostly bad.
I really hope that it was not so:(.
BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); yeah shahin dont make such a comment and not share the details...
which RSI and what results? thanks perky_z Originally Posted by mwbro yeah shahin dont make such a comment and not share the details...
which RSI and what results? thanks Danger will robinson...
danger!!!!!!! :rolleyes: Hi Perky, Been following your system for the past couple of days.
Looks very interesting.
Also, are you planning on going to a new site.
I was unable to get into your chat room tonight.
If so when is that planned for? Thanks, Jim jhanley, log on to this site now ; we are all there.
cheers 4xxxx h t t p://w w w.freejavachat.com/chat.php?chan=fxovereasy (take out the spaces in http and www) 1 Attachment(s) Originally Posted by Shahin BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); Cool, I've added your lines of code and added comment to show upper and lower bound of the channels Now it should be easy to write an alert to when price touches one of the bounds Originally Posted by Shahin Aaahhh, I just spent a few days on this system.
Putting an expert :cool: for it that follows Perky's system exactly.
I found that PerkyAsctrend1.mq4 indicator has a little bug in it, I fixed it.
And by adding a simple RSI the results get better.
But backtests look mostly bad.
I really hope that it was not so:(.
BTW to answer forex4syg before me: double MIDL2=ObjectGet("MIDL",OBJPROP_PRICE2); double MIDL1=ObjectGet("MIDL",OBJPROP_PRICE1); double TL1 =ObjectGet("TL1" ,OBJPROP_PRICE2); double TL2 =ObjectGet("TL2" ,OBJPROP_PRICE2); I assume your backtest accounts for the fact that the channels shift up and down? How can you confirm that the position was entered when the channel at that time was indeed up or down? It would be interesting to see your backtest results compaired to perky's real results to see where the difference lies.
perky_z Originally Posted by jhanley Hi Perky, Been following your system for the past couple of days.
Looks very interesting.
Also, are you planning on going to a new site.
I was unable to get into your chat room tonight.
If so when is that planned for? Thanks, Jim this chat will take you straight there http://www.freejavachat.com?chan=fxovereasy when you get in type /nick [space] then your nick eur/usd committing to an overeasy ....looks like....
Why am I getting a huge (289 pips) SHI uptrend channel in usdchf? Anyone with this channel? yes camisa , me 2 also have the same channel:) Originally Posted by camisa Why am I getting a huge (289 pips) SHI uptrend channel in usdchf? Anyone with this channel? Hi there, I think the is due to the channel and trend changing.
Not to sure, but it was a down trend this morning and now an uptrend.
Gordon Originally Posted by gordoncass Hi there, I think the is due to the channel and trend changing.
Not to sure, but it was a down trend this morning and now an uptrend.
Gordon And it has changed again to a down trend cable charging for a long? Let's see how it turns out The chf has had a 220 pip fall in price since yesterday, so I think the width of the channel has to do with the size of the move.
It's all good knowledge for future trades as when it happens again we know we have seen it before.
Regards perky_z well ive managed to migrate the fxovereasy page here is the new addy sorry but i got sick of not getting there too yet other peeps had access FXOVEREASY NEW ADDRESSS ess My firewall doesn't allow connecting to the chat (or even to moneytec's own chat) Does anyone knows how to get around the firewall (controlled by the server here at the office)? In regards to any expert backtesting: you cannot retrieve object properties from historical charting.
ie, calling ObjectGet() in an expert will always get the current object on the chart (if its there).
If you run this in a backtest, it will still only get the current object, hence it will of course fail to trade correctly.
Perhaps, an indicator buffer needs to be added to the SHI_Channel (without plotting it) to contain some numerical results of the channel for each bar.
This could be accessible in an expert (and easier than object properties).
The slope as its computed for each bar could be stored in the indicator bar.
I'll look into adding this to the SHI_Channel, but it would require uploading a new version here.
1 Attachment(s) Ok, I use these checks for RSI: RSI>60 for longs and RSI for(i=shift; i>=0; i--){ And-> if( val2!=0 /*&amp;&amp; up==0*/ ){ And-> if( val1 !=0 /*&amp;&amp; dn==0*/){ My backtest were all done in 1 hour.
For the reason that anything that works, would work better in bigger time frames.
I have tested about 4/5 currencies and all failed except EURUSD.
How to get the slope (using the code snippet I had above) (for davidwt the current/last object of a line has the slope ofcourse): Code: if(MIDL2>MIDL1) go long; if(MIDL2 < MIDL1) go short; BTW.
I heard some critizism that I have not shared much code, which I have actually.
I can not easily share my expert as it is tied to a bunch of other scripts that I use a lot.
*** I really wish that Perky would share her expert *** (then there sould also be no qeussing as to what) Here is some more that I deviated from Perky's original without success: For Longs: Laguerre1>0.65 from Perky's /*.15*/ FGor Shorts: Laguerre1Page 5 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 &gt; Originally Posted by foroz You are lucky.
I opened up the charts this morning and do not have a shi channel on my 15 minute CHF chart.
It is there on the other time frames but not there on the 15 minute chart.
I know some who were in the chatroom at the time also reported not having a shi channel on their 15 min CHF chart as well.
Regards foroz My usdchf chart shows a channel.
I'm using I B F X , what are you using? Barcode I have MT4 with data from Metaquotes Software Corp.
There are several people reporting the same problem in the chatroom about not having a shi channel on their 15 min CHF chart.
With Juice you need to wait for the 15 minute period to finish as what may be green during part of that period may well be red by the end of it.
Regards Originally Posted by foroz Barcode I have MT4 with data from Metaquotes Software Corp.
There are several people reporting the same problem in the chatroom about not having a shi channel on their 15 min CHF chart.
With Juice you need to wait for the 15 minute period to finish as what may be green during part of that period may well be red by the end of it.
Regards foroz Thanks for the reply.
Just checked my chf channel, still there, width of 129.
Do you still wait for the period to finish even if the previous Juice bars are green? Personally I'd want to see the close of a period that has confirmed the i_trend as long/short (depending on the direction of your trade), Laguerre has gone down through 0.75 level if going short or has gone through 0.15 if you are going long and that there is one completed period with a green juice bar, then I'd enter on the open of the next period.
One thing I have noted over the past couple of days is that the Laguerre can spend a lot of time running across the top or bottom whislt the market continues to rise or fall.
Regards perky_z Originally Posted by Barcode Hi Perky, Could you clarify some rules for me please: If price breaks out of the channel do you have to wait for the channel to reform or can you wait for price to retreat back into the channel? If you have to wait for the channel to reform, how many pips is considered a breakout? If all indicators line up do you have to wait for the current bar to close? If all indicators line up and juice is the first green bar, should you wait for the bar to close? price breaks from channel you wait for new channel you wait for the current bar to close I consider a complete candle clsed outside the channels a "breakout" not if it breaks out UP the candle must be completely outside the channel and a bull candle visa for a breakout down BUT you will find in 90% of cases the channel will widen or change direction Originally Posted by foroz Personally I'd want to see the close of a period that has confirmed the i_trend as long/short (depending on the direction of your trade), Laguerre has gone down through 0.75 level if going short or has gone through 0.15 if you are going long and that there is one completed period with a green juice bar, then I'd enter on the open of the next period.
One thing I have noted over the past couple of days is that the Laguerre can spend a lot of time running across the top or bottom whislt the market continues to rise or fall.
Regards Foroz Thanks for your insight, much appreciated.
I traded the Aus when all the indicators were saying go, and from the chat room i saw ohers did too.
I was lucky in that prices never reached my s/L as well I don't actually use them.
I know thats very bad money management but haven't been burnt yet luckily hehe.
So I got out when price reached my original entry point and left it at that.
I still think the system is a good I'll continue to use it as it's worked for me in the past 1 bad trade out of a few good ones is nothing to worry bout from my perspective, especially since I didn't actually lose out on any pips, just broke even.
Besides although the Aus faultered the GBP and EURO went go indicators alittle bit after the Aus and they sky rocketed.
Perhaps if i'd spread the wealth around and hedged by investment across the majors it would have been all positive pip territory.
anyways just my thoughts Barcode, I took the AUDUSD trade today, along with Perky.
All the indicators were text book perfect.
We both got stopped out.
Simply a system trade that failed.
No big deal..there are no holy grails that are 100% correct.
But, please do not mislead people into thinking that the loss was due to the trade not being in concert with the system.
It was.
It failed for many, including Peky.
:cool: I concur completely.
There were actually 2 AUD/USD trades that would've stopped out.
To be fair, neither took place at very good times: one at the end of the European session, and the other during the U.S.
afternoon.
And there were possible winning trades on the Eur and GBP.
(I say "possible" because there were some disagreements about their legitimacy in the room, but I thought they met all the criteria).
But if you don't think there were any legit trade setups for the last 2 days, you must be adding additional filters or interpreting the rules differently than many of us...
Originally Posted by sonvolt10 Barcode, I took the AUDUSD trade today, along with Perky.
All the indicators were text book perfect.
We both got stopped out.
Simply a system trade that failed.
No big deal..there are no holy grails that are 100% correct.
But, please do not mislead people into thinking that the loss was due to the trade not being in concert with the system.
It was.
It failed for many, including Peky.
:cool: Originally Posted by sonvolt10 Barcode, I took the AUDUSD trade today, along with Perky.
All the indicators were text book perfect.
We both got stopped out.
Simply a system trade that failed.
No big deal..there are no holy grails that are 100% correct.
But, please do not mislead people into thinking that the loss was due to the trade not being in concert with the system.
It was.
It failed for many, including Peky.
:cool: sonvolt My apologies.
What I should have said was that there were no system trades while I was logged on to chat.
And I had a quick look at all the currencies today and didn't notice any trades that might have occurred after I logged off.
But obviously the channels have changed.
My apologies again.
Just to add my two cents wirth.
I don't think the aussie trade was a "text book perfect".
The shi channel lines were red indicating the channel range was too small and the time of entry the price was near the middle line.
You might recall Perky was not totally convinced and closed out early for a loss rather than wait for the 15 pips stop loss to be hit....which would have happened.
I didn't like the fact it was near the round nuber of 0.7600, but that is one of my own alerts, not one mentioned as being part of the system.
Trading is a judgement call......and one you make for your own trading.
Roll on the next trade? Regards It's all good to me, you'll never get your calls 100% of the time.
If anyone can I'll mortgage my house to them!!!! Honestly.:D Why not you would recoup your money back in no time.
Ahh wishful thinking hehe.
good trading all Hello I would be glad if somebody could upload the SHI Channel which shows the distance from TL1 to TL2.
I tried to insert the following formula Comment(" Channel size = ", DoubleToStr(MathAbs(PP - P1)/Point,0)); on the right place but my SHI channel doesn´t show the width of the channel Thank you Originally Posted by perky_z well ive managed to migrate the fxovereasy page here is the new addy sorry but i got sick of not getting there too yet other peeps had access FXOVEREASY NEW ADDRESSS ess Hi Perky, Ignore my email to you regarding your website problems at your previous provider.
I just came across this post.
As a note though, copy you Home.html page to a index.html page.
This will allow people to just type fxovereasy.50webs.com to access you directly.
Cheers, Frank.
PS, thanks for sharing! PSS, if we all start getting rich, I'm going to have to suggest you let me host your site as www.fxovereasy.com.
Cheers! perky_z Originally Posted by fthomas Hi Perky, Ignore my email to you regarding your website problems at your previous provider.
I just came across this post.
As a note though, copy you Home.html page to a index.html page.
This will allow people to just type fxovereasy.50webs.com to access you directly.
Cheers, Frank.
PS, thanks for sharing! PSS, if we all start getting rich, I'm going to have to suggest you let me host your site as www.fxovereasy.com.
Cheers! I was up till 1:30am migrating the pages and for some reason it would accept Index.html of course by now its on your favourites :) so I settled for Home.html I like it its much faster I'm pleased adding Murrey Math&nbsp; 1 Attachment(s) Hi everyone Here's a chart of the method with Murrey Math added........this is what I was talking about in the chatroom.
Regards Sorry, I have no access to the chat room What do you use MM for? Camisa Try this to get access to the chatroom (it's from Perky's message number 188 on page 24 of this thread) FXOVEREASY NEW ADDRESSS ess Then click to enter the Chatroom Regards The problem is mine The firewall here at work doesn't allow connection to java chats.
I can't login to moneytec's also :( Camisa Sorry, I remember now you mentioned that before.
I won't go into Murrey Math now, it was just so the people in the chatroom could see what it looked like.
Work hard.
Regards Originally Posted by sweet hi every one i programmed the SHI_channel to give you an alert when the price reach any of the boundry of the channel( upper or lower chanel).
see you guys:) I think it doesn't work? Did you attach the right file? Hi all! I'm new here and digging my way through the method and indie sources (straightening out the source code).
I found there's implementation of AscTrend on metaquotes.ru which is far more elegant and fast.
Also, there's a minor bug in ITREND: It should read if (Power_Price_0_6==0 /* was 6 */) powerprice=PRICE_CLOSE; No biggie ...
but thought I should mention it anyway.
Markus Originally Posted by Shimodax Hi all! I'm new here and digging my way through the method and indie sources (straightening out the source code).
I found there's implementation of AscTrend on metaquotes.ru which is far more elegant and fast.
Also, there's a minor bug in ITREND: It should read if (Power_Price_0_6==0 /* was 6 */) powerprice=PRICE_CLOSE; No biggie ...
but thought I should mention it anyway.
Markus does not quite help those like me who cant understand russian :confused: Try the code from this link: http://www.metaquotes.ru/forum/5256/ Should be much faster and less memory (the guy (komposter) is a master coder ...
I saw this code developing from the same code perky used ...
in fact it appears that some guy named Ramdass made a first conversion from some messy MQ2 code [Perky seems to have the Ramdass version too] and Komposter optimized it quite nicely).
See this thread http://www.metaquotes.ru/forum/4357/ (just the evolvement of the code).
Markus 1 Attachment(s) Thanks.
I am trying the code.
Does it have an audio alert? ------------- My most recent trades for +34 pips profit (thanks to a little boost by Alan Greenspan) Done for Today.
Thanks Perky !! don_forex Here is my trades for the last week since opening this account...
Interbank FX, LLC Account: 999999 Name: Don Lawson Currency: USD 2005 August 26, 19:02 Closed Transactions: Ticket Open Time Type Lots Item Price S / L T / P Close Time Price Commission Swap Profit 653554 2005.08.19 06:40 balance Deposit 3 000.00 654605 2005.08.19 14:58 buy 1.00 usdjpy 110.52 110.61 0.00 2005.08.19 18:01 110.61 0.00 0.00 81.37 654620 2005.08.19 15:03 buy 1.00 usdchf 1.2724 1.2755 0.0000 2005.08.19 16:35 1.2755 0.00 0.00 243.04 654628 2005.08.19 15:08 sell 1.00 eurusd 1.2170 1.2148 0.0000 2005.08.19 17:42 1.2148 0.00 0.00 220.00 654985 2005.08.19 16:49 buy 1.00 usdchf 1.2765 1.2746 0.0000 2005.08.19 17:50 1.2751 0.00 0.00 -109.80 1190003 2005.08.22 00:11 buy 1.00 eurjpy 134.44 134.31 134.74 2005.08.22 02:07 134.31 0.00 0.00 -117.72 1190033 2005.08.22 00:19 buy 1.00 eurjpy 134.41 134.31 0.00 2005.08.22 02:07 134.31 0.00 0.00 -90.56 1190234 2005.08.22 01:10 buy 1.00 eurjpy 134.38 134.31 134.71 2005.08.22 02:07 134.31 0.00 0.00 -63.39 1190895 2005.08.22 05:32 sell 1.00 eurusd 1.2185 1.2181 0.0000 2005.08.22 08:52 1.2181 0.00 0.00 40.00 1195855 2005.08.23 04:00 buy 1.00 eurjpy 134.14 134.48 0.00 2005.08.23 10:09 134.48 0.00 0.00 309.46 1197801 2005.08.23 14:32 buy 1.00 usdchf 1.2709 1.2706 0.0000 2005.08.23 17:21 1.2730 0.00 0.00 164.96 1198309 2005.08.23 16:07 buy 1.00 audusd 0.7557 0.7534 0.0000 2005.08.23 18:39 0.7560 0.00 0.00 30.00 1198730 2005.08.23 17:33 buy 1.00 eurusd 1.2223 1.2199 0.0000 2005.08.23 19:07 1.2226 0.00 0.00 30.00 1198745 2005.08.23 17:36 buy 1.00 eurusd 1.2216 1.2197 0.0000 2005.08.23 18:20 1.2218 0.00 0.00 20.00 1198890 2005.08.23 18:20 sell 1.00 usdchf 1.2717 1.2716 0.0000 2005.08.23 19:07 1.2715 0.00 0.00 15.73 1199314 2005.08.23 21:03 buy 1.00 usdjpy 109.87 110.18 0.00 2005.08.24 02:57 110.18 0.00 1.59 281.36 1200010 2005.08.23 23:18 sell 1.00 gbpusd 1.8005 1.8029 0.0000 2005.08.24 00:21 1.8004 0.00 0.00 10.00 1215766 2005.08.26 04:01 sell 1.00 usdchf 1.2570 1.2561 0.0000 2005.08.26 08:07 1.2561 0.00 0.00 71.65 1215787 2005.08.26 04:02 buy 1.00 eurusd 1.2295 1.2303 0.0000 2005.08.26 07:47 1.2315 0.00 0.00 200.00 1215811 2005.08.26 04:15 buy 1.00 gbpusd 1.8007 1.8027 0.0000 2005.08.26 08:07 1.8027 0.00 0.00 200.00 1218216 2005.08.26 14:31 sell 1.00 audusd 0.7592 0.7618 0.0000 2005.08.26 18:20 0.7585 0.00 0.00 70.00 1218274 2005.08.26 14:45 sell 1.00 usdchf 1.2562 1.2538 0.0000 2005.08.26 17:06 1.2538 0.00 0.00 191.40 1218322 2005.08.26 14:56 buy 1.00 eurusd 1.2315 1.2324 0.0000 2005.08.26 17:08 1.2324 0.00 0.00 90.00 1218556 2005.08.26 15:33 buy 1.00 eurjpy 135.02 135.23 0.00 2005.08.26 18:14 135.23 0.00 0.00 191.38 1219425 2005.08.26 17:27 sell 1.00 audusd 0.7586 0.7618 0.0000 2005.08.26 18:20 0.7585 0.00 0.00 10.00 Closed P/L: 2 090.47 Open Trades: Ticket Open Time Type Lots Item Price S / L T / P Price Commission Swap Profit No transactions Floating P/L: -0.00 Working Orders: Ticket Open Time Type Lots Item Price S / L T / P Market Price No transactions Summary: Deposit/Withdrawal: 3 000.00 Credit Facility: 0.00 Closed Trade P/L: 2 090.47 Floating P/L: -0.00 Margin: 0.00 Balance: 5 090.47 Equity: 5 090.47 Free Margin: 5 090.47 Details: Gross Profit: 2 471.94 Gross Loss: 381.47 Total Net Profit: 2 090.47 Profit Factor: 6.48 Expected Payoff: 87.10 Absolute Drawdown: 0.00 Maximal Drawdown (%): 381.47 (10.8%) Total Trades: 24 Short Positions (won %): 8 (100.00%) Long Positions (won %): 16 (75.00%) Profit Trades (% of total): 20 (83.33%) Loss trades (% of total): 4 (16.67%) Largest profit trade: 309.46 loss trade: -117.72 Average profit trade: 123.60 loss trade: -95.37 Maximum consecutive wins ($): 17 (1 927.53) consecutive losses ($): 4 (-381.47) Maximal consecutive profit (count): 1 927.53 (17) consecutive loss (count): -381.47 (4) Average consecutive wins: 10 consecutive losses: 4 There were two losing trades.
The first one $109.80, was a separate deal.
The next three were one trade where I thought and hoped I could recoupe my losses.
Didn't happen.
Cut my losses before they hit the stop loss.
I'm trying to combine this system into a super-indicator (and maybe even expert), but need some enlightenment from you pros.
When exactly do I open a deal? My understanding is ENTRY: When Juice is green and I get a signal from iTrend in direction of the Trend and if I want to be sure then also if AscTrend points into the same direction".
Is that right? (I'm currently leaving the width of the Channels out of the equation for a moment).
EXIT: Stoploss 15 points or wait for presignal is Laguerre crossing one of the levels (in according direction, e.g.
down over .75 for a long trade).
If Juice is green, wait to hit opposite Shi-Channel, if Juice is red, wait til Laugerre hits middle.
How does AscTrend fit in here? Thanks Markus I believe ASCTrend acts only as confirmation, doesn't come into play when entering the trade Could you code an alert when price hits one of the bounds of the SHI Channels? Someone posted one but I think it doesnt work PS: very nice results don! Thank you Markus (Shimodax) Good job on error finding and new code links.
It is a lot cleaner code.
And for those that don't read Russian (like mwbro and I): It makes no difference, it (MQ4) is computer language not human language.
Markus, My understanding if you want to follow the system exactly is as follows: Entry Note perkyasctrend1 has now been replaced with fxovereasy - (does the same thing but has arrows instead of dots and is quicker to react - based on psars) The arrow is the alarm which indicates that a trade is almost formed.
To confirm, check the following: 1) Trade is going with the SHI slope 2) Itrend is crossing (red crossing to top - sell, green crossing to top - buy) 3) Laguerre is crossing down through 0.75 for sell or up through 0.15 for buy.
4) Juice is green Exit 1) If juice is red when laguerre hits 0.45 then exit.
2) If juice is green when laguerre hits 0.45 then leave and exit when trade hits the side of the channel it's heading towards.
Set stop to 15 pips.
Don....
thanks for sharing your statement...!!:) Indeed it is nice to get a little inspiration like that from time to time.
I hope that was your real account and you are going to the bank today.
Good trading.
I will post my expert shortly.
Just need to clean it up a bit.
@shahin I don't read Russian either, but I can read MQ4 :-) @overgrowth So, for entry, basically Laguerre lauches the deal, if everythig else is right.
Also, where can I get the asctrend replacement? Thanks! Markus I use Itrend as the primary indicator then check that laguerre has crossed 0.15 or 0.75 in the right direction and juice is green.
Sometimes laguerre is first and sometimes Itrend is first - I don't suppose it matters if you're waiting for confirmation of everything.
Manually trading you get the signal, bring up the chart and then wait until everything is lined up - it can mean you miss the first pips of larger trends, though paying attention to juice keeps you out of any choppy movements.
http://fxovereasy.50webs.com/FxOverEasy.mq4 Anyone making money using this system (which you definitely will do!) make sure you donate a pip to Perky at: http://fxovereasy.50webs.com/Home.html I have noticed the Lagurerre cross happens around the same time the 5EMA crosses with the 13EMA (see my picture posted earlier) This might help you with your expert.
Also, I have an alert set to ring my cell phone each time this happens so I never miss a trade (unless I am in deep sleep).
My wife hates it LOL 2 Attachment(s) Up to date August 28, 2005.
The only experts advisors so far.
Here is my expert (iFXOverEasy1.mq4) with all the indicators.
I wrote it exactly to Perky's rules.
Some of the backtests failed.
(sometimes I think I am giving away all my secrets).
Anyhow this is a good example of how to get custom indicator objects and values - as this is not documented much if at all.
A variation of it by Markus (nickname=Shimodax) is here http://www.strategybuilderfx.com/fo...3&amp;postcount=302.
Corrected PerkyAsctrend1 and i_Trend with bug fixes mentioned before.
Today's thought: I think the angle of channels is more important than the seperation.
Rules (as I understand Perky): Long) Slope is up AND Ask is between upper/lower SHI_Channels AND seperation of Channel is more than 40*points AND Green Itrend is above red AND Laguerre is more than .15 AND Juice is green and PerkyAsctrnd1 has made a buy signal.
Short) just like to above and opposite the only difference is Laguerre is less than .75 (yes it is not symmetrical - but I am going with Perky) Exit Rules: StopLoss=15 with a TrailingStop=10 and TakeProfit=150 ;) Your humble most excellent programmer, Shahin (I take money / donations / charity too) @overgrowth Thanks for the clarification and the link.
As said, I'm rewriting the indicators and the first step will be a meta indicator that sums up the others (the idea is that you'll just have to watch it go to a certain level and then everything should be ready to go).
@jesse I think I saw that.
I ran the asctrend indicator alone together with various emas and the results were quite similar (quite similarly bad, as with all ema-cross based systems).
Also, I'm currently only demoing ...
so there aren't any pips to share.
But I will pay my due if the system earns me real money.
(And probably others will want to donate in my direction tool if the package works well :cool: ).
Thanks @ all Markus shahin, Does the expert trade only euro session? Can you make it so? Thanks for the code you've posted :) Originally Posted by traderpip shahin, Does the expert trade only euro session? Can you make it so? Thanks for the code you've posted :) No.
I feel like spending less time on this because of system failure.
I don't see light or hope for this.
Unless the rules are changed.
alex wong Thanh you Shahinfor the code All times are GMT.
The time now is 15:14.
Page 6 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 &gt; Shahin - you can't backtest the full system because the SHI bars are a fundamental part of entry - and these change dynamically.
You need to set the expert running now and see how it does next week (where there should be plenty of action in the run up to non-farm payroll).
The system works well in live trading - I pulled in plenty of pips today.
We've been trading the following pairs: USD/CHF GBP/USD EUR/USD USD/JPY AUD/USD USD/CAD EUR/JPY Interestingly, Perky's original choice of AUD faired the worst - the more volatility and daily range the better for this system - lots of folks made healthy returns on swissy, cable and EUR today.
Beware guys if you're making experts that the entry is easily coded, though using Perky's rules for exits has not been strictly followed when we've been live trading.
As ever with a good system there's an element of discretion and that comes from knowing exactly the best time to exit - I've used a combination of pivots, chart/candle formations, local S/R levels and tick chart to judge the exit rather than rely on laguerre (in fact I forgot to look at laguerre on exiting - whoops).
Think anyone could code this up for Tradestion? Super platform with free FX data :) @overgrowth (but not only): The SHI_Channel (not SHI bars) is taken into account.
Like I said I followed Perky's rules.
And if you look at my expert you will see it is the first indicator called (on every tick).
Also Perky put her entry/exit rules in the same place (I mean they are the same), and I think that is at least a bit unclear.
A note on backtest.
So this channels are calculated all the time as in a real time.
Not everything is the same as running in Demo live but this is.
Flaws in rules (I don't want to be picky BUT): 1.
Juice.
First she mentiones that get in if everything is cool and juice is red and get out when Lagu...
is at .45.
Only to contradict herself later by saying: "3.
VOLATILITY.
This last but not least indicator is called Juice.
Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green." 2.
Channel seperation which I took to be 40*points Can someone please post me some recent signals (date, time, timeframe, currency pairs) ? I just ran my combo indicator on eurusd/15m and found a signal today 15:00 (European time, about 7 hours ago).
But I'd like to check it with some existing signals if possible.
Thanks! Markus Shahin - firstly, I'm running in live live not demo live and making real money using these triggers lol ! Admittedly, I'm not solely relying on indicators in the system to guide my trades though I've only been entering based on the system rules.
In August markets there tends to be a lack of volume which makes systems like the bunny cross fail, though overeasy has been doing well as it gets in earlier even on short trends and allows you to steal a few pips.
Regarding juice - it all boils down to risk....
If you're feeling daring and can have other visual pointers that the market is moving your way then you can take a trade on red juice - thereby preempting the change of juice from red to green - this way you gain more pips.
If you want to minimise risk then you need to have the patience and discipline to wait for green juice in combination with the other indicators.
This is the only way to get close to the 80% success rate using experts.
Horses for courses really.
I'm not sure about channel separation - though Perky recommends only trading when it's 50 pips or more, this ensures that you have enough space to make a decent return.
Markus - scroll back a couple of pages and check out don_forex's trading log.
The only timeframe used is 15min at present.
Sahin, Reading comprehension must not be your strong suit.
Perky clearly states that you should only enter a trade if Juice is green.
Nowhere does she mention entering on red Juice.
Let me quote from the website in case you missed what I just said: "Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green." And we're supposed to rely upon your backtesting of the system....hahahahahahahahahahahahahahahahaha:p:p:p :p:p :( don_forex Originally Posted by Shimodax Can someone please post me some recent signals (date, time, timeframe, currency pairs) ? I just ran my combo indicator on eurusd/15m and found a signal today 15:00 (European time, about 7 hours ago).
But I'd like to check it with some existing signals if possible.
Thanks! Markus Markus, You might be able to check some times off of my account listing.
You might also take into consideration removing the reference to PAsctrend1 &amp; 2 in the EA that has been created.
I know that when I trade this system (and I would like to think I have been fairly successful) I do not rely on PerkyAsctrend1 as an indicator.
I use all the other indicators to enter and then usually confirm with the PerkyAsctrend1 2 to 3 bars later...
I usually exit with a 15 pip trailing stop but with this EA I will be able to exit with more profit.
I will have to figure that out...
Thanks for your effort.
Don don_forex sonvolt10, That wasn't very nice.
He has provided more to the developement of an EA than you have.
Instead of being critical, why not use that energy to perfect the EA...
Just my 2 pips worth...
Don:) don_forex Sorry.
No one ever accused me of being understated.
While Sahin may have contributed to the EA's, he is now telling everyone that the system does not work based upon backtesting.
How can we rely on his backtesting when he gets the most fundemental aspects of the system completely wrong.
Once again, sorry.
First and foremost, thanks to Perky for this excellent system and to everyone's contribution in this forum and the chat room.
This is a relatively new system, and Perky had only been using it on AUD.
The system is now out in the open and quite a few people (myself included) found it useful and profitable.
I had been lurking in the background of the chat room for the past two days and I felt there are a few clarifications required before we going any further (feel free to correct me if necessary, my memory is not perfect): 1.
the ASCTrend indicator is now being replaced by FXOverEasy, which is identical to a parabolic SAR (instead of dots below and above the price, we now have up and down arrows at the first bar of the changeover).
2.
the SHI indicator has now been improved with two additional parameters: width (default=50) and slope (default=25).
The colour of the channel and mid-line will change from green to red when the width and slope fall below the default value respectively.
3.
next week, Perky will demo trade the system using only the FXOverEasy (par sar) indicator + shi (to confirm trend direction).
She will do this on as many currencies as possible (she said she'll trade 16!) and will post trading statement eventually.
4.
there were debates as to whether trades based on narrow width or shallow slope SHI should count.
To summarize, both width and slope are quite subjective, and eventually, the width setting might need to be individually set for different currencies.
As for slope, steeper means more potentail profits (and time required to reach profit level), but again, an eurjpy trade with a slope of 3 this afternoon was profitable by 20+ pips.
5.
there were also discussion on whether to trade if the price had already reached mid-line of SHI.
Again, this is very subjective.
Most people (Don being one) says wait for a new signal (and don't chase the market).
6.
as already pointed out, it is impossible to backtest the system, mainly because SHI is dymanic.
The only way to perform accurate assessment would be to forward-test.
Don's statement is a very good indication, and I just can't wait for next week's trade + Perky's test! 7.
again, as already pointed out, where to take profit really depends on an individual's outlook and personal target (not least nerve!) All in all, I think it is too early to talk about an EA, as there are still a few tweaks to refine.
Personally, I would dearly love to see a "superindicator" which would combine the non-subjective ones for the system (i.e.
itrend, juice &amp; laguerre).
It would really save some real screen estates and enable us to add our personal favourites on top (CCI, Murray Maths, pivots plus a few had been mentioned).
This "superindicator" + SHI (adapted to individual taste + currency character) should then form the backbone of an excellent system.
Just my two (three, four or five) pennies worth.
Anyone up for the challenge? I know this isn't my system so nobody get mad at me for tweaking, but I found the Laguerre indicator to lag quite a bit and not cross .75 or .15 until well into the trend.
Sometimes this has caused most of the profit to be passed by.
I've changed the Gamma parameter in my Laguerre indicator from .7 to.55.
It seems to make it a bit more sensitive an crosses the .75 and .15 a bit faster to capture the trend earlier.
Nobody has to do this.
I just wanted to try to catch the trend earlier and found it helped to do that.
If you want to do this and don't know how, just double click on the Laguere line and then double click on the .7 to change it.
That's how I do it with my Inter bank FX charts that is.
Good post hambalan and an accurate description of current thoughts on the system.
There are several aspects in "overeasy" which appeal to me: 1) Trade signals rely on multiple indicator confirmations - and the indicators are looking good in a variety of trading conditions.
2) Stop doesn't need to be excessive (essential for money management when day trading).
Today the 15 point stop proved spot on (only just) to avoid having your fingers burned by the stop hunters.
3) Signals are early enough for you to snatch a few pips even on short moves.
Regarding slope - it's always safest to go with the prevailing trend, though when the slope is totally flat but the SHI range indicates a good potential return and all the indicators line up and it's worth taking the trade IMHO.
On the expert front, it's not something I'd use anyway as I trade from the UK and like to be in touch with the market.
The problem with the expert is that it's going to exit with maximum profit at the far SHI bar and that means that it will miss out on the really big profits in strongly trending markets.
The SHI bars will adjust to the new level after you've taken your profits.
Another thing is that the expert won't be able to see candlesticks with long lines at the head and tail everywhere on a particular currency on a given day (i.e.
seriously choppy - keep well away) - I'm not convinced yet that juice would keep you out of that sort of market.
However, the system seems to stack up well in a variety of market conditions and an expert totally following the rules looks as though it will give you a good steady income e.g.
25 pips a day on average.
Trading manually is a different ball game and at present it looks as as though the overeasy system could be used with a bunch of currencies and a good trader could take 20-40 pips on a bad day and 100+ on a good day on average.
I'll be up for the challenge.
kmrunner - that sounds like a good plan, though if laguerre confirms too fast in a ranging market will it mean that we end up flushing 15 pips down the pan? - just a thought...
Originally Posted by don_forex Here is my trades for the last week since opening this account...
There were two losing trades.
The first one $109.80, was a separate deal.
The next three were one trade where I thought and hoped I could recoupe my losses.
Didn't happen.
Cut my losses before they hit the stop loss.
Don Are all your trades following Perky's rules exactly or do you use your own discretion for entries? Originally Posted by sonvolt10 Sahin, Reading comprehension must not be your strong suit.
Perky clearly states that you should only enter a trade if Juice is green.
Nowhere does she mention entering on red Juice.
Let me quote from the website in case you missed what I just said: "Never enter a trade when histogram is red if all other indicators line up this is the last check and the histogram should be green." And we're supposed to rely upon your backtesting of the system....hahahahahahahahahahahahahahahahaha:p:p:p :p:p :( I don't like what you said above plus I put what you quoted from Perky in my previous post.
Everybody else you are welcome.
If you can write a better expert then go ahead.
And I just stated the facts on the expert that was not that easy to write.
Actually I have not seen an expert from anybody including Perky.
Let see your comprehension level (which needs checking); or eyesite (read good).
As on Perky's web site: "The second is La Guerre.
When the La Guerre line crosses down through .75 line (top line) look to sell.
When the line crosses up thru .15 line (bottom line) look to buy.
If Juice is still green leave trade to opposite side of channel if it is red then exit trade when La Guerre line reaches its Mid line (.45)." As I said before if you put all your rules for entry/exit then what are those rules entry or exit :confused:, not that it could not be the same but seldom is.
Shahin To clarify: My expert only enters a trade when Juice is green.
:D Exit: Simple StopLoss=15 with a TrailingStop=10, both adjustable as parameters.
Have fun, Shahin ;) don_forex Shahin, You did a great job in getting the foundation layed for an EA that hopefully will be quite profitable! I modified it to use the LaGuerre RSI, SHI_Channel 2 (which is the name I put on it, it is the red and green version).
I took out the logic &amp;&amp; PAsctrnd1 in the buy and &amp;&amp; PAsctrnd2 in the sell.
Can you include the following: 1.
option to use .1 lot sizes (mini) 2.
Buy/Sell sideways arrow when a trade is placed 3.
Audible alert when trade is placed with the option to turn off 4.
A smaller sideways arrow to indicate a closed position This is just for starters, I am sure I will think of some more....
Don :D Originally Posted by Shahin To clarify: My expert only enters a trade when Juice is green.
:D Exit: Simple StopLoss=15 with a TrailingStop=10, both adjustable as parameters.
Have fun, Shahin ;) Shahin Keep up the great work.
I for one appreciate it as most of the traders here do.
Hi Folks, I would like to share a few comments here.
First of all, im currently doing some programming work with this system and will share some results (see my next post).
I started with the original set of indicators which were posted at the beginning of the thread and the initial instuctions.
I also had problems with the instructions, from a programmer's standpoint they are not entirely clear (programming a system is quite different from intuitive understanding).
I don't know what modifications have been made to the system or which ones are in progress as I have not read every post in the 30odd pages here, so I'll stick with the original one.
First, I played with the asctrend thing and I'd say, standalone it is as useless as any EMA based system or any other system that is based on common indicators (and I have backtested quite a few including SAR, and combination with trailing stops etc.).
It may look fine on the chart with the dots painted above the highs and below the lows, but backtest results are always horrible.
However, the system as I understand it is not based on asctrend so I'm currently playing with the full set of indicators recommended there (again, see my next post).
I have also looked at Shahins code.
First, he invested a lot of time (I know it, because it took me a full day to get halfway where he is and I'm a professional programer).
It is possible to backtest the SHI-Channels because the backtester feeds the data into the indicator as if it were realtime, the only difference may be ticks and slippage, but in the 15M timeframe, MT4 does a pretty good job with that.
If the backtest produces losses there are a couple of possibilites.
Either the expert has a bug, or the rules are not clear, or the system does not work by strictly sticking to the rules (which still does not make it useless if it assists discretional decisioins or trades).
As far as I could tell from looking at Shahin's code, there were no obivous errors and it was based on the original indicators (called by iCustom()).
I may still have missed something, and will soon find out when my own expert will be running.
And if I were trading this system (I'm currently only demoing) I'd be most interested in the results.
Anyway, I think Shahin did a great job so far.
And I'll also try to add to the knowledge and tools about the system soon.
I'm also interested in any developments or clarifications from Perky.
I'm not trying to prove anybody wrong, or offend anyone.
For me it's just due diligence before I even thing about trading real money with this.
Having this said, I'll upload in a moment a package with rewritten indicators and a new toy that should help trade the system.
Whoever likes, can use it, share comments and suggestions, etc.
I hope it will be well received ...
Cheers Markus PS: And I don't want to get in competition with Shahin (I started this before I knew he'd publish his expert), I'd rather team up with him (if the efforts and results are desired here).
don_forex Originally Posted by Barcode Don Are all your trades following Perky's rules exactly or do you use your own discretion for entries? Let's put it this way, I am 100% when I follow the rules.
As you can see from my previous post, the last two days of trading resulted in 16 for 16 trades! Follow the Rules! Don don_forex, Unfortunately, I think your request for modifications to the EA will fall on deaf ears.
As per Shahin's recent post..."No.
I feel like spending less time on this because of system failure.
I don't see light or hope for this.
Unless the rules are changed." While I am certainly appreciative of Shahin's effort in creating the EA (mind you I could not even figure out BASIC), I would certainly have a difficult time reconciling his "system failure" with your live (via demo account) results of well over 90% success.
I personally see nothing but light and hope for this system.
I trust you agree.
Hoping that Shahin will revisit and revise his EA so that the results are more accurate...
2 Attachment(s) Okey, dokey ...
Here comes a ZIP archive with the full set of indicators and a new combo indicator which pulls the other indies together in one place to signal the entry.
The files are currently executables only, depending on how it goes I will release the source eventually.
But for now the stuff is in a state of flux and I don't want to have different versions floating around.
At this point I'll need some help of the veterans.
As said, some source was rewritten and I can't be sure that I introduced bugs.
What's definitely necessary is to compare the results to the old indies and compare the signals from the combo indie with the ones you'd manually (visually) generate from the stuff you used before.
Also, I removed most of the input parameters under the impression that anybody was using the defaults anyway.
If you need something back for tweaking, please let me know.
(The individual indicators have some parameters, but the combo currently calls them with fixed values, like 0.7 for the gamma, 4 pips for the juice, etc.).
Before you start, please read the instructions (there's a pdf inside).
Enjoy! Markus Another thing regarding the backtest.
I have recently backtested a system which performed quite well in July and August.
But as soon as the test went further back when the markets made different moves, it failed quite badly.
So, having excellent live results at the moment and a bad backtest doesn't necessarily needs to be a contradiction.
As said, I don't want to devalue this system in any way (otherwise I would not spend time programming for it), but there may be pitfalls lurking in the future.
Markus alex wong Forexovereasy Indicator set thank you Shimodax Thank you don_forex, Barcode and whoever else I forgot.
Don: I can add mini lots no problem or somebody else can.
About the arrows (buy/sell/close) and alarm: Currently it is yellowgreen for buys (entry,modify,exit) and LightBlue for sells.
Alarm is part of normal functionality in MQL3 I think it is here too, but I had it turned off in MQL3 and check in your "options" to see what.
sonvolt10: You see how fast I answered you before so I am listening.
Last guy asked for a change to only trade the Euro open and I saw no value in that anyhow.
Shimodax: I understand and like all your comments about programming and such.
And I have put the source code here as to further the development.
You could add the mini lots if you like.
I am a minimalist type programmer.
Frankly I don't download just executables (without source) as for your last post, however thanks for the contributions.
Shahin BTW.
I am a professional programmer also with 20+years and tons of degrees.
Government wants me to build rockets and I won't do that so here I am.
Most of IBM and such jobs are in India and China.
Shimodax and Shahim, Thank you very much for your efforts.
They are very much appreciated.
I don't know mql programing.
Where can I find some info to start? Personally, I wouldn't trust backtesting on any technique.
I just don't think it'll give accurate results since a person won't be online for every trade like an automated backtest will.
Anyway, that's just my opinion.
If I start trading this live, (hopefully sometime in September) I'd like to contribute some of the first pips to you guys.
Thanks again! Kevin vbmenu_register("postmenu_126202", true); I went thru and checked the expert by Shimodax against the trades taken by don_forex they all lined up except the eurjpy and i am not sure what direction the channel was going at that time.
Everything else looked good.
edit If I would have taken the time to really study the expert it shows that the channel was + so might have been a questionable trade on dons part but I probably would have taken it when everything lined up a few bars later which was still almost a 30 pip gain 1 Attachment(s) Here is results (not bad) of test on EURUSD,1H (not 15 mins) from 2005.7.18 to 2005.8.23 .
Go ahead> Run your own backtests and see (you might get fantastic results).
I really did not backtest that much.
Shahin, What does your iFxOverEasy1 do? Is it for alarms? I clicked on it but nothing happened.
Does it run automatically? Sorry, not a programmer here! Thanks! Oops, I think I figured it out.
I had it under Indicators, it's under EA's now.
I should be ok once the markets start up again! Thanks! perky_z Originally Posted by kmrunner I know this isn't my system so nobody get mad at me for tweaking, but I found the Laguerre indicator to lag quite a bit and not cross .75 or .15 until well into the trend.
Sometimes this has caused most of the profit to be passed by.
I've changed the Gamma parameter in my Laguerre indicator from .7 to.55.
It seems to make it a bit more sensitive an crosses the .75 and .15 a bit faster to capture the trend earlier.
Nobody has to do this.
I just wanted to try to catch the trend earlier and found it helped to do that.
If you want to do this and don't know how, just double click on the Laguere line and then double click on the .7 to change it.
That's how I do it with my Inter bank FX charts that is.
look the only bad thing about tweeking is finding something and that might be better and not sharing it thanks for you input....
perky_z Originally Posted by camisa The problem is mine The firewall here at work doesn't allow connection to java chats.
I can't login to moneytec's also :( Camisa its IRC chat so you may be able to attend chat via mirc you will have to read up how on www.freejavachat.com but irc isnt an easy beast to master google mirc and it if works from work i can get you the server address Perky, Thank you for the system.
Looks promising especially for your star student Don_forex! I hope to be more disciplined like him next week and have many winning days.
Kevin perky_z Originally Posted by Shahin Ok here is my expert with all the indicators.
I wrote it exactly to Perky's rules.
But lost money in backtest.
Only two indicators PerkyAsctrend1 and i_Trend have some minor fixes mentioned above.
Today's thought: I think the angle of channels is more important than the seperation.
ps.
I see she finally got an expert too, great.
No @overgrowth http://fxovereasy.50webs.com/FxOverEasy.mq4 is not an expert but an indicator.
;) Your humble most excellent programmer, Shahin (I take money / donations / charity too) you hard work is appreciated its really strange i dont have that bug in my I_trend and I havent fixed it any way the fixed version chould be on the web site because i loaded it from thi computer..
thanks for your keen eye...
PLEASE TAKE NOTE: the FxOverEasy.mq4 is still in test and to be used in demo or at your own discretion Hi Perky (or ellie4), I hope all is well.
So what do you think of the expert I got.
Is it correct? Or something I could improve upon? Thank you for all your contributions, Shahin:D Ganja-Man hmm from what i c the expert isnt enter by the PerkyAsctrend there is bugs on the expert i think Hello everyone It has been an interesting week for most of us who now have one week's experience of trading/demo-ing/looking at/chatting/writing about this system.
Some people may have two weeks experience other than perky_z who set it up for herself to trade the aussie dollar.
We have adopted it as our own child and have immediately sought to discipline it according to our own styles.
We didn't like how it was dressed as an aussie, other than occasionally, we preferred to give it clothing in pounds, euros, yen, euro/yen, swiss francs and canadian dollars and some, to be totally contrarian also decided to have our new child stand out dressed in the dow indices! How did our child behave with all this prodding and poking from its' adoring aunts and uncles............extremely well for this week.
Heavens forbid, some of its' new rellies wanted to make it drink green Juice continuously and fought to find a way to make a child Juiced up all day.
I want to thank perky_z for sharing her child.
Thanks to those of you who can program in metatrader language and willingly share what you do with us.
Looking forward to next week.
For those in the UK have a good long weekend.
Regards @kmrunner MQL programming isn't the easiest thing in the world.
I wouldn't know how to start it ....
probably by starting to look at simple samples (simple indicators are best).
It is similar to the C programming language (but not identical), so a book on C programming for beginners should also definitely help.
Regarding backtest.
Opoinions may differ, but I believe backtests are good and valid.
It's not an outlook into the future, but helps to see how a system performs on different market conditions.
I have seen systems which performed well over a month but miserably failed in others.
Imagine starting to use a system with gambling money, having some successes and then going into it with serios money before the market changes.
@robey Thanks for checking the combo signals with don's list.
It's quite valuable to me to hear that they match up.
Should be a good platform to continue some developents then.
@don Would you care to try the indicator set beside your current setup? @all what roles does the AscTrend or the new FXOverEasy sar based indicator in your use? Does it help filter out deals or make them better? Thanks! Markus Perky: Thanks for the tip about mirc, I use it a lot in fact but it too doesn't work at work because of the firewall so i'm restricted to chatting from home :( From our programmers I would ask 2 things to save me from loosing trades at night: One: take the fxoverasy indicator (with the arrows) and make it alert only when SHI channels agree (only alert for buys when SHI is positive and vice versa).
Should be easy with the iCustom function I think Second: put an alert on SHI Channels when price reaches an extreme I'll start live with the system this week using CMS broker so I need to be waken up at night so not to loose any trade PS- if possible make the alert sound only once All times are GMT.
The time now is 15:14.
Page 7 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 &gt; @alex Originally Posted by alex wong Forexovereasy Indicator set thank you Shimodax You're most welcome! Thanks! Markus I like to add some personal rules when trading this system (I have been doing it for a few weeks, before it was posted here).
for example: -dont enter a trade if a pivot point or major support/resistance are less then 10 pips away.
Granted this makes you miss a lot of good trades, but, it weeds out a good chunk of the bad ones.
The system generates plenty of set-ups, just wait for the "perfect" one.
If you add in your own personal guidlines, you can probably get your win% up to 65% or more :) Originally Posted by UncleJesse dont enter a trade if a pivot point or major support/resistance are less then 10 pips away.
Are you adding the Pivots based on days (like previous day's candle) or are you just looking for your own substantial high/lows to compute these from? Thanks! Markus UncleJesse What currencies have you been trading? Which one has the greatest % return? I thought Perky said that the % winners were greater than 80%.....but I appreciate she has only been trading the aussie.
Regards I am VERY new to forex so please dont take anything I say too seriously.
I have been using pivot data calculated from previous days high/low.
I use the custom pivot-lines indicator on MetaTrader.
I have been doing all pairs while I am awake.
The EUR/USD and USD/CHF seemed to perform the best this past week.
>PerkyAsctrend1 (I made sure it generates signal for the current bar - which I call a minor bug, then I also took out the part were it remmembers if it had generated a signal for buy or sell and would not produce another buy after a buy - So my version of PerkyAsctrend1 will produce a signal everytime it sees it regardless of previous state, making more signals).
>>i_Trend (fix that Markus found), a minor bug - basicly a variable that is used was not being initilized correctly (Perky has incorporated this change now).
After some people run some backtest or forward test and tell me if this system fits Perky's rules and such.:rolleyes: Originally Posted by alex wong Shahin the iFxOverEasy.mq4 it can't see plot in the MT4:( the 4 indicators is working good but not the iFxOverEasy,is iFxOverEasy indicators?:o thank you That is not the one I wrote (that is just an indicator).
Look at my post above.
Originally Posted by hambalan the second problem relates to the Combo indicator.
It appears that sometimes, the Combo provide a signal on time, but occassionally, it can be delayed by one or two bars (see attached charts) In the first chart, I think the signal should come two bars earlier, and likewise for the second chart, one bar earlier.
I welcome comments from everyone (particularly whether they can reproduce the same problem).
Thanks a lot.
PS - the charts for this and the previous post is GBPUSD for 25-26 August (15 min, of course) Delayed signal is due to PerkyAsctrend1.mq4 (I fixed that bug and it is in my version of indicators) with source and all.
Look at my post above the previous.
thanks shahin you da man! don_forex I find the only problem I have is in backtesting in general.
I don't trade based on candles closing, I trade tick by tick.
My entry might be good one second and not the next.
Same way with exiting a position.
What do you think? :confused: Don Well, great set of indicators!!!! Specially historical SHI slope, now we can do some backtest! Don: I'm going to enter at close of candles because following the market to the tick for 6 pairs all day is too much for me What I need are some alerts to call my attention 1 Attachment(s) I spent a bit of time on Shahins Expert today and made a few mods.
First I changed it the way, that it only triggers a signal when Laguerre actually crosses the line in the descibed directions.
Also added an option to take ASCTrend into account or not (Percy writes that it's just for the weary).
Also added some different profit taking, a trigger level at which the trailstop is activated (e.g.
with a profit of 15 pips begin trailing a stop of 10 pips).
I ran a backtest on this month EURUSD/15M without AscTrend and must say that, while not entirely being thrilled, that I've seen worse results in tests.
(60-100 Pips total depending on the exit parameters).
It sure needs more testing on longer time periods and other currencly paris and probably some tweaking of the paramters (or implentation of Perky's profit taking scheme).
If anyone wants to continue playing with it, here is the mod.
Markus don_forex Originally Posted by camisa Well, great set of indicators!!!! Specially historical SHI slope, now we can do some backtest! Don: I'm going to enter at close of candles because following the market to the tick for 6 pairs all day is too much for me What I need are some alerts to call my attention The only problem is you can let too many pips go by that way.
Most of the time you will never be in more than 2-4 positions anyway.
Don @don the MT backtest works on the tick.
It may not be exactly the same kind of ticks you see, but it does it's job tickwise (unless you programm it otherwise).
Markus Originally Posted by camisa What I need are some alerts to call my attention Once it's clear that my combo indicator calculates the right signals, an alert is the least of all problems.
Markus don_forex My understanding is it only collected upto 1m increment information.
Am I wrong?:confused: Don @hambalan You're right ...
the Lagurerre graph looks weird (I have seen this before, but thought I've fixed it).
Will have to check if it will affect the operation.
In the two charts the singals seem late, also right ...
will try to see if I can reproduce that here.
Thanks for the keen eye.
Markus What a great thead we have going here.
I have been trading and watching and evaluating this system over the last week.
So far I am 5 for 6 the loser was a made up trade.
Shimodax - you are on the right track my friend but your signals are delayed by one bar for some reason on most of the trades.
Shahin - you code cruncher you ..
Doing a great job I must add ..
You are following the rules to the utmost extent.
If you have traded it yourself you would find the following.
!.
Forget the Perkytrend1 signal from the code.
2.
Concentrate on when the Laguerre indicator crosses the 0.75 and the 0.15 with a prior cross in the I-trend.
3.
You must have Juice and decent amount of it.
4.
A previous cross of the I_trend is nice.
So in Lamen terms Long = Laguerre>0.15 + Juice > 0 + Previous I-trend cross + SHI Channel > 30 degree angle Short = Laguerre 0 + Previous I-trend cross + SHI Channel > 30 degree angle.
Code that and we may have a winner.
Benos in the room...
You don't trade by the minute, do you? I think 1M ticks (and some artifical ticks are interplated from the corner points of the minute) should not make too much difference when trading in the 15M chart.
Markus @gado Originally Posted by gado SHI Channel > 30 degree angle.
Code that and we may have a winner.
The angle depends on the screen layout.
What's your trigger for the slope? (displayed in the upper left corner when SHI is on the chart) Will try to take care of the timing tomorrow.
Markus alex wong 1 Attachment(s) o.k to me still working on it don_forex Hey Benos! How are you? The only thing I differ in opinion in, is that it isn't necessary for the slope to be greater than 30.
At least not in my trading experiences...
Angle of the slope merely reflects the time it might take to take your profit.
Steep angle, short amount of time; shallow angle, longer amount of time.
I have had trades last only a few bars and others last hours...
Just my two pips worth...
Don Shimodax &amp; Shalin, Thanks again for the indicator and expert packages.
As I said previously, I think it is far too early to code an expert for the system, as the rules are constantly evolving, being refined and tweaked when more and more people are testing it over different currencies.
As a prime example, PerkyAsctrend was never meant to be a critical part of the system.
Its primary purpose is to confirm the trade, but most people who follow the system (and either live or demo trade this in the chat room) now disregard this indicator altogether.
Perky has now replaced this with a parabolic SAR indicator.
She will test it over the next week.
Again, the effectiveness of this is still under investigation.
Personally, I favour ASCTrend (as modified by Komposterius) as suggested earlier.
I hate to repeat myself, as my view on the subject is spelt out in detail in my previous post (#253 on page 32 of this thread).
In essence, I think we need a "super-indicator" for iTrend, Laguerre &amp; Juice in the first instance.
Even this is not without its problem - e.g.
while a computer can easily see if the red line of iTrend has crossed the green, sometimes they are very close together over several bars.
A human can make a subjective call whether to trade or not in conjunction with other indicators and market condition, a computer will just churn out signals regardless.
Hopefully, by the time everyone is more or less happy with this super-indicator, guidelines regarding other matters (e.g.
SHI width / slope, profit target, stops etc) will emerge for us to take the system forward.
To conclude, I like this system (a lot) and see a lot of potential in it.
BUT, one step at a time, please.............
As usual, comments are always more than welcome.
PS.
personally, the chat room is a great place to learn the system, as like-minded "traders" can put their heads together and hopefully, ensure the success of FXOverEasy in the long run! don_forex Originally Posted by Shimodax You don't trade by the minute, do you? I think 1M ticks (and some artifical ticks are interplated from the corner points of the minute) should not make too much difference when trading in the 15M chart.
Markus I only use the 15m chart for both entry and exit.
Having said that, 15 minutes is a long time for a sudden movement.
I have seen a candle move 20-30 pips in a matter of 1-2 minutes...
I am only concerned that people will think that backtesting won't accurately show what this system is capable of doing...
An EA will do wonders once all the bugs are worked out.
I plan to use the EA, but I will still monitor as I can until my acct is large enough to handle any drawdown the EA will produce.
I wish I could contribute more to the process of programming this thing, my skills as a programmer suck! :o Don 1 Attachment(s) for the benefit of new comers, and to demonstrate my latest set up, my GBP chart looks something like this.
The indicators are:SHI channel (with colour)ASCTrend (as modified by Komposterius) blue=bullish, red=bearish, green=neutralFXOverEasy (essentially a parabolic SAR)iTrend (default setting)Laguerre (gamma changed from 0.7 to 0.6)Juice (default setting)Hope this helps don_forex Hambalan, One thought about the PerkyAscTrend1...
Primarily, I use the indicators as prescribed by the system.
However...
There has been occasion where the PerkyAscTrend1 will show up prior to the indicators coming into alignment.
I have taken these trades.
The position might go -10 to -15 pips prior to turning around, but, I have always gone positive! Just my two pips worth...
Don Lguerre gamma setting&nbsp; 1 Attachment(s) before anyone ask why change gamma of Lguerre, herewith a comparsion.
The difference may not seem great, but it does cut out the lag of LG and the crossover of LG over the .15 and .75 lines usually occur 1 or 2 bars earlier (it does make a differnece if you trade this system).
FYI, gamma for the first and second LG is set at 0.6 &amp; 0.7 respectively.
@don Backtesting is not real life testing, that's clear.
But many systems I've backtested so far have fared so bad, that you wouldn't even have been able to resuce them, if you allowed them to buy even for a price 1 minute *before* the signal.
So to me it's an indication if it's worth a 2nd look and what to expect.
The test I made with the modified EA an hour ago (posted a page back), where I took out the asctrend, did look at least promising.
It was just one currency and just one month (those indicators really burn cpu cycles :o), so there maybe more to come.
But my experience is, that if a system fails miserably (and I don't mean Perky's here) in the backtest, it's not the rougher ticks.
@hambalan I guess the super indicator is on the way ...
but the first step for such stuff is to publish it to find the bugs and polish the edges.
:cool: And a backtest (be it back or forward) or a software to automatically demo forward may offer the opportunity to validate various modifications to the strategy.
If a test fails, it always rises the question: What can we make better and how can we check that the change is indeed an improvement.
Just my two pips ...
keep up the good work :D Markus Originally Posted by don_forex Hambalan, One thought about the PerkyAscTrend1...
Primarily, I use the indicators as prescribed by the system.
However...
There has been occasion where the PerkyAscTrend1 will show up prior to the indicators coming into alignment.
I have taken these trades.
The position might go -10 to -15 pips prior to turning around, but, I have always gone positive! Just my two pips worth...
Don Don, Thanks.
Please see the above charts.
I think ASCTrend (as modified by Komposterius) inproves the situation even better.
What do you think? Originally Posted by Shimodax @hambalan I guess the super indicator is on the way ...
but the first step for such stuff is to publish it to find the bugs and polish the edges.
:cool: Markus, Once again, thanks a lot for the coding so far.
In our case here, it it not just polising the computer code.
The system rules has quite a few tweaks and refinement yet to appear.
Regards, Hambalan ASCTrend (as modified by Komposterius) I think I missed this.
Where did you get that from? don_forex Hambalan, With reference to my last post, did you notice the last two buy signals that were located on the lower SHI_Channel? Those are perfect examples of what I was talking about.
I would enter a position if that was to show up prior to the indicators coming around...
Don All times are GMT.
The time now is 15:14.
Page 8 of 19 &lt; 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 &gt; Originally Posted by don_forex Hambalan, One thought about the PerkyAscTrend1...
Primarily, I use the indicators as prescribed by the system.
However...
There has been occasion where the PerkyAscTrend1 will show up prior to the indicators coming into alignment.
I have taken these trades.
The position might go -10 to -15 pips prior to turning around, but, I have always gone positive! Just my two pips worth...
Don i agree dan PerkyAscTrend1 is not accurate but ive examined all my charts last week and this indicator in general promised profit (must have juice)...you must be prepared for some choppiness with the market have a good stoploss (like 20 at least) it will get stormy but in the end with patience you will profit.
I tend to stick with top and bottom channel entries with PerkyAsc(mid-channel entries can be dangerous)...i look forward to more demoing next week don_forex As far as an entry goes, I would recommend that a position should be opened if Asctrend is indicated prior to all others.
if asctrend(up/down) is true, then open position else wait for indicators.
Sorry I don't know code...:o Don Wow! I only turned my back for a little while and this thread has gone from 7 pages to 41 in a matter of a couple of days.
This must be one of the most popular systems ever! Nice to see everyone contributing so freely - I wish I could program like some of you guys and gals on here.
As someone else already mentioned I have found that the profitable trades are when the price is at the top of the SHI-channel or at the bottom.
Keep up the good work everyone I think perkyz has started something here that is going to continue for a long time to come in various forms and adaptations.
I am sure some people will be combining it with their own system that they are already using with devastating effect.
@all Regarding PercyAscTrend and derivates I have a small demostration/experiment.
There are two screenshots here.
Please view both and ask yourself which of the two versions you would use (Blue is a buy signal, Red is sell).
(more below the screens) Picture has been resized, click for full size pic Picture has been resized, click for full size pic Now ...
both are identical systems (standard AscPercy) ...
but the second indicates the price you could really expect to get for a trad when the signal is generated.
No wonder people who sell trading systems always put their indicators below and above the charts.
:rolleyes: Markus Originally Posted by kmrunner ASCTrend (as modified by Komposterius) I think I missed this.
Where did you get that from? as mentioned by Shimodax in post #224 (p28) and #226 (p29) well worth a try, IMHO Originally Posted by don_forex As far as an entry goes, I would recommend that a position should be opened if Asctrend is indicated prior to all others.
if asctrend(up/down) is true, then open position else wait for indicators.
Sorry I don't know code...:o Don Sorry, Don, which chart / currency &amp; date?? please.
don_forex Originally Posted by hambalan Sorry, Don, which chart / currency &amp; date?? please.
Your post #317...
Don Two more things about the indicators.
I'm not sure about the AscTrend version from "Komposterius" but all AscTrends I have seen including that optimized one from the russian website (modified by Komposter) generate exactly the same signals (I had them all on the same charts together when I made my own mods [which were also only programming issues]).
The Komposter version ist just more elegant in coding and burns a lot less cpu cycles? However, what seems to be a real winner is the SHI Channels.
I have dug around a bit and it also originates on metaquotes.ru, also -- like the asctrend source -- going back to some thing named Moving Channels which was a MT2 or MT3 project.
I haven't followed it further yet, but I'm amazed at the elegance of the approach and the apparent usefulness.
Btw.
Metatrader seems to be a Russian software and from what I see in the program and community there [although I don't understand a word] there must be a couple of very bright guys over there.
(One has to wonder why such bright guys make their money programming rather than in the fx market ...
maybe they are even brighter then we know ;-)).
Well, back to coding ...
:D Cheers Markus Originally Posted by Shimodax No wonder people who sell trading systems always put their indicators below and above the charts.
:rolleyes: Markus Markus, I agree wholeheartly.
Some of the indicators that system builders try to sell look excellent on paper (chart) until you try it for real.
Then you realized that entry/exit is the key to success (or more often, failure) ;) ;) I am trying to download the indicators into but i keep getting errors when i check it but it worked fine when i downloaded it into metatrador can anyone help? Two more comments about ASC-Trend: The FXOE-Asctrend in my package (page 34 or file area in case you missed it) is the Komposter version.
It can be used independent from the the other stuff in the packet.
And if you want to know, how to make money with asctrend then google for "easctrend" (ironically I found this thread after I had seen easctrend in an ad in a magazine and tried to find more information ;)).
Markus 1 Attachment(s) Originally Posted by don_forex Hambalan, With reference to my last post, did you notice the last two buy signals that were located on the lower SHI_Channel? Those are perfect examples of what I was talking about.
I would enter a position if that was to show up prior to the indicators coming around...
Don I have put all three indicators on the same chart for all to see:blue/pink dots - original PerkyAsctrend1 indicatorgreen / red arrows - FXOverEasy indicator (identical to parabolic SAR)blue / red / green lines - ASCTrend (as modified by Komposterius)Use one, two, three or none.
Take your pick, readers! ASCTrend &amp; Parabolic SAR&nbsp; Essentially, ASCTrend set buy and sell ranges based on previous price action, while parabolic is similar to moving averages but move with higher acceleration.
If anyone is interested for more details concerning ASCTrend and Parabolic, see the following links: Parabolic on Metaquotes site Discussion on ASCTrend on another forum Hope this helps.
@hambalan Btw, I noted blue/red/green price bars in your chart.
Is that an MT feature or a special indicator? Also, as far as I know PSAR is mostly used to play the role of a trailing stop.
Markus alex wong 1 Attachment(s) hambalan thank you i got it:D I'm not sure but I think I'm getting lost with all the revisions of the indicators.
I thought I've downloaded them all but I can't find the "FXOverEasy indicator" that gives the green and red arrows.
Are there many differences between Shimodax and Shamin's indicators? Maybe someone can post the lastest indicators with the latest inprovements.
I like the red and blue Asctrend.
Thanks What is the FXOE-SHIslope indicator doing for me that looking at the SHI slope directly isn't doing? Originally Posted by Shimodax @hambalan Btw, I noted blue/red/green price bars in your chart.
Is that an MT feature or a special indicator? Also, as far as I know PSAR is mostly used to play the role of a trailing stop.
Markus Markus, Haha, that is why I prefer ASCTrend (as modified by Komposterius).
:D :cool: ;) Instead of giving dots or arrows, the signal is intergrated with the price bar.
One more additional feature is that not only would it give bullish or bearish indications (blue/red or whatever colour combination bars you want), it also indicate neutral zones (to me, it means sitting on the side line waiting to see what would happen next, thus a good indication of possible trend change or time to take action to protect your profit so far).
Indeed, it is more akin to the commerical product that you suggested googleing for.
As for parabolic sar, it is very similar to moving averages.
Most trader I know use it to indicate impending trend change.
BTW (for newbies reading this), I must stress that one must never rely solely on either ASCTrend or parabolic to trade.
Particularly in choppy markets, you'll get wiped out in no time.
You have been warned....:eek: Hope this helps.
alex wong 1 Attachment(s) Originally Posted by kmrunner I'm not sure but I think I'm getting lost with all the revisions of the indicators.
I thought I've downloaded them all but I can't find the "FXOverEasy indicator" that gives the green and red arrows.
Are there many differences between Shimodax and Shamin's indicators? Maybe someone can post the lastest indicators with the latest inprovements.
I like the red and blue Asctrend.
Thanks kmrunner Asctrend indicators Originally Posted by kmrunner I'm not sure but I think I'm getting lost with all the revisions of the indicators.
I thought I've downloaded them all but I can't find the "FXOverEasy indicator" that gives the green and red arrows.
Are there many differences between Shimodax and Shamin's indicators? Maybe someone can post the lastest indicators with the latest inprovements.
I like the red and blue Asctrend.
Thanks for the FXOverEasy indicator (again, may I stress that this is identical to a standard parabolic sar indicator) on Perky's site, try this Alternatively, just add the "parabolic" indicator which is available in you MT4 platform.
don_forex Originally Posted by kmrunner What is the FXOE-SHIslope indicator doing for me that looking at the SHI slope directly isn't doing? The indicator is presenting the angle of the previous angle.
The taller the bar, the steeper the angle was...
And conversely, the shorter the bar, the shallower it was....
Hope this clarifies your question...
Don ASCTrend - Komposter or Komposterius??&nbsp; to avoid confusion, kindly note that ASCTrend by Komposter (as mentioned by Shimodax) and ASCTrend (as modified by Komposterius) used by yours truely is one and the same indicator.
I use Komposterius because that is the "nick" he used for his email.
If Shimodax has no objection, I think we can rename it "ASCTrendK" from now on.
Much simplier, don't you think? :) I am trying to download the indicators to one of the brokers but i keep getting token errors anybody know what that is about? Hi guys, Interesting system, so in short this system is for range bound market? Thanks OKL Offical home page:http://fxovereasy.50webs.com/Home.html Chat:http://www.freejavachat.com/chat.php?chan=fxovereasy MT4 indicators: which is which :confused:?? @hambalan Can you please post the one you found here.
The one I have from Komposter (and which is part of my archive) definitely does not modify the bars ...
it just had the calculation optimized.
I guess you must have found something else, hence the confusion.
Cheers Markus 1 Attachment(s) @all New version of the indicator set attached.
If you find any new problems that make it unusable etc, please refer to the first one on page 34 of this threa