Patch, I am a "Very Bad Man" (tm)

trading strategies and money management discussion, code, results

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Patch
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Postby Patch » Thu Mar 11, 2010 3:15 am

bredin

I am blown away.

What color rat are you?

WHY?

Do you see any usefulness or value in turning this into an EA?

Why or why not?

You are awesome.

I am blown away again and again,

Patch
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ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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newschool
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Postby newschool » Thu Mar 11, 2010 3:18 am

Just a post to say I like the work you did. A+.

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bredin
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Postby bredin » Thu Mar 11, 2010 3:47 am

Patch,

When I trade the rat I look at my dashboard for opportunity (price within 20 pips of the extreme) and trade the first reversal signal I get (on M5, short from the high long from the low) , I dont often have to scratch for pips doing this, I guess I must be reading PA ok. Which means Im a Yalie, I guess, but im also not glued to a trading screen for hours on end, it seldom take more than 45 minutes to hit 2%. Although I must say its remarkable how often Im Long on E/U and Short ou U/J, so its the same position based on USD...

TRO is right when he says it does not matter which rat you choose to be, and I must admit that I started this project with tongue firmly in cheek, fully expecting a 50% hit rate from my indi.... What it means now is that if you really want you can let this indi decide what rat you are on a day by day basis...

I am writing an ea with this indi, but It may take a while since Im not a good coder, I spend about half my time alternatly screaming, yelling and reading docs.mql4.com ! So far looks very promising, tho, as ea projects seem to....

G.
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bredin
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Postby bredin » Thu Mar 11, 2010 3:51 am

Thanks newschool, although theres a line missing from the II_VBM indi that would save everybody a lot of processor. my bad...

G.
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Postby newschool » Thu Mar 11, 2010 4:29 am

bredin wrote:Thanks newschool, although theres a line missing from the II_VBM indi that would save everybody a lot of processor. my bad...

G.


probably calculating the whole history uh? you only need a few hundred candles in most cases...

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Postby bredin » Thu Mar 11, 2010 5:10 am

not just that, i dont set barstart to Time[0], so it calculates every tick.... I'll post an update after dinner :)

G
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Postby altima » Thu Mar 11, 2010 5:34 am

Hi Bredin,

Thanks for your work, it looks good. What do you do when the indicator switches color? Do you switch rats? An hour ago the GBP/JPY daily bar was red and now it is green.

Thanks

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Postby bredin » Thu Mar 11, 2010 6:09 am

altima,
the II_VBM indi will pick a new color at the first tick of a new bar. if its green the current bar will most likely end as a green bar, and vice versa. It was designed to give a daily bias for the RAT.

Make of it what you will, since this indi picks only bar color, it does not know about the wicks, the body size, pivots, stochastics, the D1 start time or anything other than the probability of picking the color of the next bar.

G.
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Postby altima » Thu Mar 11, 2010 6:25 am

Alright, thanks for the reply. The bar is flipping back and forth right now between red and green so I'm having trouble picking which one I want to be. lol I'll just have to see how it plays out. Thanks again!

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Postby bredin » Thu Mar 11, 2010 9:19 am

altima,
im not sure what youre saying. what do you mean by "The bar is flipping back and forth right now between red and green"?
Do you mean the candle? I mean the last bar on the histogram.
on my terminal it stays red or green until the end of the bar, then it recalculates.

G.
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