boldtrader » Sun Mar 23, 2014 2:41 pm wrote:Had a few minutes to read some of the updates while walking around New York City enjoying the many culinary delights.

I have been using a form of Traders Dynamic Index, which I call the Dynamic Strength Index (DSI), which I developed in 1998/1999 and have been using since. It signals ranging, trending, when to add on, when to close the add on, when to close the entire position. The TMA I have also been using almost since it was created. The best and most practical use of the dual TMA channels with which i have had the most consistency with is using the fib values. The TMA indicator I use alerts to when price moves outside of the channels and gives values of the range of the channels distance. The number one highest and most profitable technique which I apply to all time periods is to use the TMA with DSI, Octaves, and LRC channels trading back to MST price points. In 2000, I developed the use of automated Triple Linear Regression Channels which will alert to a continuation of price within a trend, in advance.

The trades almost never fail. If they do, it is mostly because I may see something to cause me to exit a trade early before allowing the trade to work out. What often occurs is the original trade would have performed better with higher results had I allowed the position to remain and allow the utilities to do their job as I had developed them. By adding the CSS with H4, these two tools provide additional confirmation of my original utilities. I have one last algo I developed to alert to a pending change of a market condition, doing so in advance of those changes.

If I may offer some thoughts. Bob, you have developed some great tools. My experience is that changing the STO7 from 80/20 to 90/10 is going to vary with different pairs, based on different conditions and different time periods. Just like the dealer at the desk had different strategies for different periods, I think you will see the same with the STO7. What I did find that worked out the best across all time periods is the monitoring of the tools and their differential between periods. In this manner, it didn't matter if market was ranging or trending. The utility will adapt to the conditions. An additional benefit is the recognition of divergence in the market of price vs the algo. Without me saying much more, I will simply note that the current tools in play, ie: CSS,H4, TMA and TMA with distance which I posted, the MST levels, even the Octaves I use and the Triple LRC, at least for me... no changes need to be made. We will end up changing the tools and values to suit the market conditions, essentially chasing the end of the rainbow but never quite getting there. In my opinion, we are there, at least i am comfortable with how the trades and results are working out with the current settings for the current market conditions. My focus is about the timing of the trades when the market conditions are right for entry. I spent 7+ years trying to develop the right timing tool. What I learned was it was not about the timing tool, but rather the specific market conditions which occur based on the algo of the tool I developed. We could probably spend the next 5 years looking for better tools, the right tools, etc. chasing values, running back tests, essentially curve fitting to the markets. And when the markets change again in volatility, we will be looking for the next latest and greatest and spend another 5 years searching for values. I would prefer to keep what we have currently and focus on identifying the market conditions which meet the current tools / system in place. What does not change is Trend lines ( I refer to them as Trade lines) and how markets react to these lines, along with various repeatable historical market conditions.

This change of mindset allows me to focus on the trades and the market conditions, THEN, use the tools to confirm the trade, rather than trying to use the tool to give me the trade to make and then try to justify the trade based on market conditions. Example.. I know that when a market creates dual MST's and moves to certain fib levels, that the markets will return to certain levels to give very exacting trades. I have posted such examples here many times. 100% of each of my posts have hit their targets. Not a single trade failed. Entry of each trade could be confirmed with the CSS, TL, Octaves, H4 trend or counter trend and TMA. All trades were announced in advance. The tools / indicators confirmed what the price action showed in advance.

As a result of this mindset change, my overall performance greatly increased and my selection of trade choices reduced greatly while the overall quality of trades increased. This change of mindset will typically allow me to run 43-52 trades in a row between a loss. So at least for me, my postings (if still desired) will be based on the current system, which is not broken, using the current tools in place.

Since the CSS and H4 are not broken, I will continue to enjoy the great trading I have experienced since making them a part of my tool box.


Cheers.

mobthehop » Sun Mar 23, 2014 12:09 pm wrote:Bob,

a quick copy / past / change-variable-names for my FastTMA mod to show distances as requested by you - I am sure Tommaso will provide a more polished version later on - grin...

Set the parameters to your your test parameters provided by you in an earlier post....

I tried to add a boolean in order to omit the center line value but it is not working properly yet.... If you select "do not show center line", it will still show 0 pips...

Pls test w/r values are correct - i just eyeballed them....

Cheers / Mop

nanningbob » Sun Mar 23, 2014 9:15 am wrote:
Thanks do you know what TrendThreshold is in the code suppose to do?? It is set at 0.4

AS you can see this does not set up the same as TMA true with the same settings as ALs or TMA true I have. The lines are different.

void DrawCenterLine(int shift, double slope)
{

   bull[shift] = EMPTY_VALUE;
   bear[shift] = EMPTY_VALUE;          
   neutral[shift] = EMPTY_VALUE; 
   if (ShowCenterLine)
   {
      if(slope > TrendThreshold)
      {
         bull[shift] = tma[shift];
      }
      else if(slope < -1 * TrendThreshold)
      {
         bear[shift] = tma[shift];
      }
      else
      {
         neutral[shift] = tma[shift];
      }
   }
}

davek » Sun Mar 23, 2014 12:52 am wrote:

milanese » Sat Mar 22, 2014 6:48 am wrote:

davek » Sat Mar 22, 2014 11:57 am wrote:Hi:
My platform got updated to build 610 and now my AEJ10.6 STO ALERT v1.2 w-60-240.mq4 does not load on my platform. I tried to recompile it but it has 1 error and 2 warnings, the error is 'i' - undeclared identifier, line 84, column 25, and the two warnings are: not all control paths return a value, one is on line 65 column 1, and the other is on line 186, column 1, I have no idea what that means. Could someone help me with this issue.

These are exciting times in this forum with Boldtrader and Al contributing their expertise, really looking forward to seeing what Bob is cooking up in his next transformation of 10.6 Edsel.

kind regards,
davek

Take a look here I posted some time ago versions working with all 6xx builds here
http://www.stevehopwoodforex.com/phpBB3 ... 283#p86283
http://www.stevehopwoodforex.com/phpBB3 ... 295#p86295


Cheers

Tommaso

Thank You Kindly, Tommaso, that worked for me. Could I trouble you one more time, the 10.6 market info V.1.01 does not load either, would you have a fix for that too?

With the new builds 600 +, it seems that some indi's posted here work and some don't, I hate to clutter here with my simple questions of indicator compatibility, is there a place here where all the indicators that work with build 600+ could be posted?
thanks much,
davek

art » Sun Mar 23, 2014 10:33 am wrote:morning all, indeed exciting times here with the development of edsel, the trouble is ,its getting a bit confusing with all the different strategies being put forward by bold trader,al, and others, bloody marvellous, cant do much until markets open, i think i will download a fresh demo, and start afresh, also thanks to tomasso for his generosity in updating all the indies, for version 600,

mobthehop » Sun Mar 23, 2014 5:38 am wrote:Usually the TSI should also provide a Signal MA, not sure why this was not implemented....

http://www.investopedia.com/terms/t/tsi.asp

For those interested in further details, this article provides a lot of additional info:

http://stockcharts.com/help/doku.php?id ... ngth_index

See attached compile for v6xx- play with it as you see fit...

Cheers / Mop