TDesk User Indicators Playground

[andwen]

Thanks Leon, Bloody brilliant.

[pacinvest]

Leon Thanks for your reply to my comments/questions above, that's great so I do understand what you are doing.

Leon I think your manual trading setup is spot on and wonderful use of Baluda SS-Stoch-HGI trend. I also appreciate and respect that your thinking is based on a lot of actually trading time - much more than I have managed in the last year.

So to move on to full automation we need a new 'TD Baluda SS cross and slope V2' variant indy. Please add/edit this description below if you see a better way to describe it.

Baluda SS signals a buy/sell entry when a cross has been made filtered by the cross threshold setting
Baluda SS signals an exit signal when the slope difference decreases, i.e. against the trade direction.

A possible variation on this could be to have Baluda SS enter on the slope change in direction of the change, instead of at the cross (the high and low peaks). If people want I could prepare some charts to illustrate this but actually you can see the picture on the chart that Leon marked up previously in this thread. I think this slope change entry/exit variant would be most useful as a higher TF filter, as opposed to using it as an exit indy on trading TF - they are quite different functions - but Baluda SS is so significant or fundamental in what it does that it makes sense that it could do quite different things used in different ways. If used on the trading TF you would be entering reversals/pullbacks/and ranging swings from an end of the previous trend move. (but of course, you would not know which).

I am going to assume Thomas, you will see these comments here and consider putting this Baluda SS variant on that priority list. Thanks again Leon awesome trading mate. Very exciting................And Thomas there is a rather long list of things to thank you for - you are hitting a lot of home runs at the moment!

Cheers Vince

[SteveHopwood]

Leon Thanks for your reply to my comments/questions above, that's great so I do understand what you are doing.

Leon I think your manual trading setup is spot on and wonderful use of Baluda SS-Stoch-HGI trend. I also appreciate and respect that your thinking is based on a lot of actually trading time - much more than I have managed in the last year.

So to move on to full automation we need a new 'TD Baluda SS cross and slope V2' variant indy. Please add/edit this description below if you see a better way to describe it.

Baluda SS signals a buy/sell entry when a cross has been made filtered by the cross threshold setting
Baluda SS signals an exit signal when the slope difference decreases, i.e. against the trade direction.

A possible variation on this could be to have Baluda SS enter on the slope change in direction of the change, instead of at the cross (the high and low peaks). If people want I could prepare some charts to illustrate this but actually you can see the picture on the chart that Leon marked up previously in this thread. I think this slope change entry/exit variant would be most useful as a higher TF filter, as opposed to using it as an exit indy on trading TF - they are quite different functions - but Baluda SS is so significant or fundamental in what it does that it makes sense that it could do quite different things used in different ways. If used on the trading TF you would be entering reversals/pullbacks/and ranging swings from an end of the previous trend move. (but of course, you would not know which).

I am going to assume Thomas, you will see these comments here and consider putting this Baluda SS variant on that priority list. Thanks again Leon awesome trading mate. Very exciting................And Thomas there is a rather long list of things to thank you for - you are hitting a lot of home runs at the moment!

Cheers Vince

The problem you have here is that TDesk is all about allowing users to apply the existing indicators to explore an idea they have had using them, to see if it works.

You are effectively asking Thomas to turn SS into a mini-EA just on the basis of your ideas.

Thingy is, what does he do when the next hot idea for adapting SS comes along? Then the next? And the next?

I am not saying that he will not consider this. I am just pointing out that there is a problem.

Maybe a good time for you all to start learning to code CrapQl4?

[tomele]

I am not saying that he will not consider this. I am just pointing out that there is a problem.

Totally right, Steve. I could easily code that (as well as any other half-baked coder could), but I see a huge problem in the basic idea.

Take a look at what TDesk really is. Solo Signals enter trades when (n) of (m) indicators point in the same direction. Multi Signals are totally based on strength/weakness of currencies. It should be obvious that this is the absolute trend following system. Leon had brilliant results with his idea of waiting until all indicators line up in one direction.

Now you want to add an indicator that signals a direction although it is as deep as possible in the opposite terrain. Do you really think that makes sense? If we are heavily on one side and that modified indi would signal a reversal, I bet all other indis would stand aginst it. It would take quite some time for all other indicators to switch over and at this point your SS slope will have crossed over also. So what would we win?

Don't argue with this week's results. It was a sideways/range week and at least my TDesk made some (small) losses. But I know what it can make when things start to move...

Convince me if you can. I am open to arguments.

Cheers
Thomas

[pacinvest]

Hey guys thanks for responding..............................
I get your points totally and I will work really hard not to bring half baked ideas to the forum, especially at a time when you are both working so hard. BUT in my defence on this one, I think Leon's chart and his use of Baluda SS shows that the change of slope of Baluda SS has significance, in Leon's manual system he essentially stops entering in a move when this condition arises on his higher TF along with other conditions. I have done this as well and all I am saying is that I think this has really good potential as an exit indicator. We don't current use Baluda SS in this way in auto trading. REally consistent manual trading like what Leon is doing for me is a guide to automation.
Please Thomas don't take this as not understanding the power of what you have unleashed with TDesk and the matrix...................I am working hard on tests with current capability thanks to your efforts.
I'll shut up now boys and get to work...............

[tomele]

Hey guys thanks for responding..............................
I get your points totally and I will work really hard not to bring half baked ideas to the forum, especially at a time when you are both working so hard. BUT in my defence on this one, I think Leon's chart and his use of Baluda SS shows that the change of slope of Baluda SS has significance, in Leon's manual system he essentially stops entering in a move when this condition arises on his higher TF along with other conditions. I have done this as well and all I am saying is that I think this has really good potential as an exit indicator. We don't current use Baluda SS in this way in auto trading. REally consistent manual trading like what Leon is doing for me is a guide to automation.
Please Thomas don't take this as not understanding the power of what you have unleashed with TDesk and the matrix...................I am working hard on tests with current capability thanks to your efforts.
I'll shut up now boys and get to work...............

I thank you for your input.

What you wrote would mean to finally have two rule and indicator sets. One for entry and one for exit. Despite nobody would understand it, that is simply not my philosophy.

TDesk is basically a trade entry system that maximizes your odds when betting on a direction. Exiting trades is a matter of trade management. I am very graceful that Steve has taken care of this part. Break even and trailing stops, pair and basket take profits are the things to concentrate on exiting trades.

Entering trades in the right direction is perhaps 10% of the game, managing your trades is the real important thing. We proved this time ago with an expert that entered trades at random.

Cheers
Thomas

[bodavid]

Hi Guys,

Perhaps the simplest strategy I have ever followed. Attached find a system I have used for many years. If my daily Baluda super slope has crossed over I look for a stoch retrace and a crossover back in the direction of Baluda's super slope cross. When my stochs cross over with an Hgi trend arrow I am happy to open a trade. The stochs can cross anywhere below 50 back in the direction of superslope.

Below find an example of what I look at.

The indicator is the MTF stochs oscillator and I would be happy if anyone can make this TDesk compatible.

Attached indicator. For this I use stochs on the hourly timeframe settings 533 method; Lwma - 3, price 1 - close.

I believe that it can work well with gann and I know proven with the rest of my indicators.



Thanks in advance

Leon

Hi Leon,

Thank you for sharing your many profitable setups!
You are a big star!


I have attached a small foot print version of the indicator.
Please, check it out and give feed-back.

Cheers
Ben

[Wavegarrick]

Hi Ben,

Thanks very much

Will check it out.

Cheers
Leon

[Bruster400]

Hi Bruster,

Your “HAS Trend” is a very clever and really useful indicator.
It is perfect when viewing the charts and doing MTF analysis and is very stable compared to other trend indicators.

For Tdesk when only following the signals I think a lightweight version can be useful as a complement.
Attached is Thomas’s “RSI Cross TD V2” modified to give the same signals as “HAS Trend”.

Please, check if the signals are accurate enough.

Thank you for sharing this valuable indicator.

Cheers
Ben

Ben,

I'm glad you like this method of identifying the trend. I've been using it for a long time now and I haven't found anything better. I've taken a test run of your version and it looks to be spot on - nice one! However, I actually use the HAS line itself in my decision making as its position relative to price is also significant. Whilst the histo version you've done sends exactly the same signals to TD, would it be possible to have it draw the line instead of the histogram? I realise that my version ( MTF_HAS_Tend_TD ) might not be the lightest or most robust coding so I'm always keen to accept help getting to a version that is better.

Thanks

Bruster.

[Bruster400]

Hi Guys,

Perhaps the simplest strategy I have ever followed. Attached find a system I have used for many years. If my daily Baluda super slope has crossed over I look for a stoch retrace and a crossover back in the direction of Baluda's super slope cross.

Hi Leon,

Could I just ask what your Baluda SS settings are? I've tried applying the same indicator and kept all the default settings except for changing to one timeframe as D1 and I can't get it to give me the same plots as you've shown. Could you perhaps share a set file for that indi as you've got it set up so that I know I'm comparing like with like?

In the attached image I've overlaid your indicator window in line with my setup. You can see that my Stoch replicates your setup exactly. (No surprise as I've checked and the price feeds overlay perfectly too). So if I'm using the same data then I should be able to get SS to show the same - I hope!

Thanks in advance for your time

Bruster.