Entry delay example.jpg
Greetings
I earlier posted a UBD set file for the TMA+CG mladin indicator breach trigger (page 2 this thread). I am currently using it manually trading on the Day TF with TDesk assistance and an eye to full automation. There is a description of this entry setup in the TDesk indicator playground thread (Page 21). I am wanting to create a modification of the breach signal to mirror how I am manually trading this indy with higher time frame RSI signals.
I am trying to achieve a variation of the TMA band indicator indicator or UBD set file which will have the signal generated by the breach of the outer TMA band hold as a long or short signal for X candles of the trading timeframe following the breach, even when the value is no longer breaching the outer TMA band. At present, I am looking at X to = 5, but that is being testing in forward manual testing and ideally would be an adjustable parameter.
I fully realize you guys are busy and you don’t want to bog the brilliant TDesk and UBD development with arcane indy variations thrown up by insane traders like myself, fair enough if this post falls in that category – BURN it. But the rub here is I would really appreciate some direction on how best to solve this signal question. Does it need a new buffer to be created in the TMA indy or is there some other simpler way? I am fine with UBD doing as I am told but mucking around coding indy buffers is best left to competent coders.
There is a really significant point to all this. The TMA+CG mladen (week) breach shown on the day frame is a brilliant way to create ‘a trading context’, but on its own it can fire a lot of difficult trades as the PA sometimes continues to trend instead of reversing. What I have found is that when paired with the HTF support-resistance oscillators with the right settings the moment of reversal becomes reliably indicated. This is sometimes close to the breach, some breaches are no trade and some are triggered up to 5 candles further on from the breach using the RSI Cross TD V2 higher time frame combo.
In a few weeks time, I am planning to share the forward trading results and if there is interest in the details, development etc. of this strategy. I think the ‘trading context’ part of this setup has many other uses in other trading strategies, so of some of value to our members.
Notes on Day TF Chart: light vertical dotted lines are typical trade entry points. The indies in the visual display (indicator window 1) are week RSI and week Sto7 and MA (10) of the Sto7 (ala Leon). The two week RSI Cross TD V2 indies in the lower bar histogram indies are there to signal. So for entry signal, there has to be a breach of the outer TMA band and within 5 candles both week TD RSI Cross V2's must signal in trade direction. The month RSI Cross TD V2 is on a fast setting and for this entry is a guide only. In this case it is also in agreement supporting the pictured three trade entries and a longer-term view of the 'trading context'.
Thanks in advance for considering this……
Cheers
Vince
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