ADAPTING NB10.2A FOR LOWER TF & RM TRADING - 10.2A CTS

[GT3RS]

Short AUDUSD.

DT retrace.

TMA CSS weakening.

Struggling to break above MP.

At FastTMA.

Feedback please!!

I made a comment last night on this chart. You can read it here http://www.stevehopwoodforex.com/phpBB3 ... 071#p26071

Thanks CC. Would you take that deal yourself?

[grimweasel]

I'm short audusd as I think its a low risk entry off H4 and meets the conditions of rejecting the MP as well!

[Jemook]

After spending the last 2 weeks with the (non-true) TMA Slope & Semafor indicators included I just can't handle having them on my charts. I know the system takes into account other factors as well and doesn't rely on these indicators it just doesn't feel right for me psychologically. I like to reliably backtest a strategy while I am forward testing so this one is out the window for me. I still believe this is a solid strategy and I'm sure it will work for others so either way I will keep a keen eye on this thread and chime in when I feel I have more to offer. Furthermore your insights into defining all the different pivot formations are pure genius! Good luck!

[disbellj]

Rjo,

My modus operandi is to use the template of the author and work backwards. I use indicators and settings author does, then get rid of any indicator not used in instructions, and work my way from there, defining buffers to use in iCustom. There are times when I must decompile something to get it to work, but I try not to, since I can do about anything using the .ex4 (except stop messages created by it, then I find an alternative, so I see you're ahead of me here). Even with the messages, I'm not having speed issues.I was able to fix one of the errors I saw (really not printed as an error, but if an indicator is loading and unloading each tick, the problem lies in iCustom line. In my case, there was so many external inputs in indicator that I had to put indicator's external inputs in EA, which sped up speed and got rid of loading and unloading each tick problem.

I have strengths and weaknesses. I too started with an EA builder online, and my EA shell I use is enhanced, but started as an online shell.

BTW, it just took like 15 minutes to get rid of need for iCustom in TmaSlope calculations. I took the GetSlope and associated functions from TMASlopeMTF indicator (didn't need MTF functions, so just took the one GetSlope function I needed and supporting functions to make it work. Now EA faster and no errors or stuff filling up logs.

BTW, you are way ahead of me in your understanding of this strategy. Great job!

Kindest regards,

Don

The TmaTrueSlope indicator used in this strategy (red and lime) prints out errors in my experts tab each tick. The error involves indicator trying to place text in window that is not found. This is an .ex4 so I can't edit it. But these errors are filling up the logs in Empty4 and Empty4 > experts. This can fill up a HD FAST! Check these folders and I bet this is the MAIN problem with EA running slow. Otherwise, if coding indicator inputs as EA external inputs (lot of them, I just comment out external), this should make the EA run faster and make sure the indicator is not loaded and unloaded eack tick. Hopefully these two things will help you RJo to optimize EA for faster performance.

As far as I'm doing, I'll do what I can, but unless I can get a better grasp on the complete rules, I won't be posting an EA. Hopefully my comments can help the existing EA development.

Regards,

Don

disbellj, make sure you are using the mq4 file from post 1, pg 4 that is posted with the EA's. Not to rub it in, but it says, "for EA." I suspect you are a better coder than me, so perhaps you will take a look at the final CTS trading conditons document when it's complete.

Is anyone else receiving/not receiving alerts with the latest v1b or v1c EA?

[disbellj]

CC,

Thank you for the strategy! I am very thankful.

Due to my impatience, and wanting to know faster if things are working in EA, I am making it auto0scale timeframes. For instance, since you use MN1,W1,D1 pivots, and W1,D1,H4 TmaBands on H1, I just scale these for lower timeframe. Like I said, hopefully will help me speed up my EA development. If using H1, nothing will change. Just if using lower TF, won't be a problem.

Thanks again! Please keep up the good work. I will try to comprehend.

Kindest regards,

Don

[linuspoon]

Hi CC,

Thank you for your strategy and I am having some limited success trading with it manually. I have a question regarding the volatility margin when computing the Wriggle Space you mentioned. Is there any specific figures you have that you can share for individual pairs? Bob has grouped various currency pairs in his 10.2a into 5 volatility groups. Is it possible to tie some margin numbers to each of the groups? This will greatly help for manual traders or even when creating an EA for CTS trading.

Group 1 = NZDCAD, AUDUSD, EURCHF, EURGBP
Group 2 = AUDNZD, NZDUSD, CHFJPY, AUDCAD, USDCAD
Group 3 = NZDJPY, AUDCHF, AUDJPY, USDJPY, EURUSD, NZDCHF, CADCHF
Group 4 = GBPJPY, GBPCHF, CADJPY, EURCAD, EURAUD, USDCHF, GBPUSD, EURJPY
Group 5 = GBPNZD, EURNZD, GBPAUD, GBPCAD

What is your view in this?

Linus

[disbellj]

CC,

I second that. I thought at first that the volatility was a manual input like 10 pips. If it isn't, and can be put into words, I can automate it.

BTW, attached is an EA that should at least help traders know what Market Bias is, show Momentum, TmaSlope Entry, see whether Pivot has been crossed and which one, and Pivot Entry, HPTP Conditions and Entry (I may have wrong since I understood you to say that 2nd TmaSlope Entry with a Strengthing Momentum in between occurrences is when you would enter, and that this would change Market Bias, so this is what is coded. If this is not correct, and we need change, let me know), SMA Entry, and shows bottom or top SEMA4X/Semafors/ZigZag on multiple timeframes (SEMA4X aka ZigZag with 96 ExtDepth, 1 ExtDeviation, 1 ExtBackstep).

This EA is coded to trade two trades at once. At BE (user input for now), first trade is closed and other trade is kept on.

Haven't added trailing stop, take profit, etc. yet. Just stoploss (which I need clarification on where you place wiggle pips and volatility, add to/subtract from entry price?)

As I get more information on SL, TS, and how you calculate TP and R:R, I can implement.

This is not a finished EA. But a user can use it for manual trading and to help the thread move along, knowing which things are implemented in EA correctly (and have a visual on chart).

Also, you said something about 2nd occurrence of DP moving below MP changes market bais, correct? A HPTP trade I also coded as not only needing 2 occurrences, which may be wrong IDK, but HPTP also changes market bias. Is this correct?

Also, for scalpers, this EA scales TFs. For discussion, we should only use H1 per your instructions, just to let you know I'm not changing your strategy, just making it possible for scalpers to use it by simply changing TFs.

Thanks!

Kindest regards,

Don

P.S. Updated EA, unattached from this post, and put in later post.

Hi CC,

Thank you for your strategy and I am having some limited success trading with it manually. I have a question regarding the volatility margin when computing the Wriggle Space you mentioned. Is there any specific figures you have that you can share for individual pairs? Bob has grouped various currency pairs in his 10.2a into 5 volatility groups. Is it possible to tie some margin numbers to each of the groups? This will greatly help for manual traders or even when creating an EA for CTS trading.

Group 1 = NZDCAD, AUDUSD, EURCHF, EURGBP
Group 2 = AUDNZD, NZDUSD, CHFJPY, AUDCAD, USDCAD
Group 3 = NZDJPY, AUDCHF, AUDJPY, USDJPY, EURUSD, NZDCHF, CADCHF
Group 4 = GBPJPY, GBPCHF, CADJPY, EURCAD, EURAUD, USDCHF, GBPUSD, EURJPY
Group 5 = GBPNZD, EURNZD, GBPAUD, GBPCAD

What is your view in this?

Linus

[batemap]

CC,

I second that. I thought at first that the volatility was a manual input like 10 pips. If it isn't, and can be put into words, I can automate it.

BTW, attached is an EA that should at least help traders know what Market Bias is, show Momentum, TmaSlope Entry, see whether Pivot has been crossed and which one, and Pivot Entry, HPTP Conditions and Entry (I may have wrong since I understood you to say that 2nd TmaSlope Entry with a Strengthing Momentum in between occurrences is when you would enter, and that this would change Market Bias, so this is what is coded. If this is not correct, and we need change, let me know), and SMA Entry.

Hi Don

Can you post the correct version pf the 3_Level_Semafor that the EA is using? I've not got it installed and consequently the EA is throwing up errors.

Thanks

Paul

[disbellj]

Update: I think I may have accomplished getting rid of need for Semafor indicator. I took code from a script made by a friend for this purpose (well, not MTF, but getting type of Semafor), so I integrated it.

Update: It did not work, and since I'm testing on lower timeframe, caught it before hopefully anybody else. Went to using only SEMA4X (not 3_Level_ZZ_Semafor) indicator in EA. Added "a" after date in EA name.

Uodate: Found a small glitch in print-out to chart, so updated and added "b" after date in EA name.

Now I need to work on seeing if I can remove need for Fast Tma Line indicator (which uses the re-painting Tma, not TmaTrue. If TmaTrue was used, we could use 20 LWMA Typical and put bands on it).

Don

[hilavoku]

great Don! The Semafor and the repainting bands are the two things that would be nice to be removed!

happy weekend
Guido