Filtering by Volume

[MTH2014]

simplex wrote:

And one more thing to mention: in the source code posted by G. a link to a conceptual article by Waleed Aly Khalil was included: http://www.ifta.org/public/files/journal/d_ifta_journal_09.pdf I already downloaded that IFTA Journal more than a year ago, but only regarded a John Ehlers article worth reading in detail. Not a good choice, right? s.

If I’m not wrong,  Waleed is one of our Early Penguin member from Egypt ( but I forget his nickname here.. lol..)..

MTH

Edit:

Hiks… Actually I’m wrong.. lol Sorry.. Brothers..

http://penguintraders.com/forums/topic/thousand-advice-for-trader/#post-1634

Have a nice week end and may the profit be with you forever..

MTH

 

• This reply was modified 10 years, 4 months ago by MTH2014. Reason: Actually I'm wrong...lol.. Sorry

Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/

[Anti]

gg53 wrote:

Anti wrote:

The question is how to filter some bad signals …

Trade signals that are with the trend, i.e. in Down trend you trade only UP breakouts, and opposite in Down Trend. That will reduce almost 90% of bad trades. G.

How exactly do you trade regarding your swing rule? We wait for a local top in a down trend. If colours are coded green (we are in an up trend) regarding your swing rule and the volume oscillator indicates a top, would you wait that colours changes to orange or would you only trade set-ups with tops in a simultaneous down trend?

And another question to OTHER PARTICIPANTS of discussion:

Has someone yet coded gg53s swing rule trend indicator?

• This reply was modified 10 years, 4 months ago by Anti.

[simplex]

For me, ‘instead’ of coffee is not an option …

gg53 wrote:

I “drink” each morning any article about Volume in FX, Stocks, Commodities, Futures, etc. – instead of coffee…

MTH2014 wrote:

Java Coffee…….!!! in big volume everyday… Yay… !! lol..

… an interesting article ‘and’ a cup of coffee can make a stimulating Sunday morning. See here for medical details:

http://penguintraders.com/forums/topic/the-take-a-break-from-serious-business-thread/page/3/#post-9645

Best,

s.

A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)

[pipatronic]

Big thanks to tankhang and gg there

skype : pipatronic

[simplex]

@Anti:

Anti wrote:

Has someone yet coded gg53s swing rule trend indicator?

No, not yet. And won’t have time today.

s.

A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)

[gg53]

Anti wrote:

gg53 wrote:

Anti wrote:

The question is how to filter some bad signals …

Trade signals that are with the trend, i.e. in Down trend you trade only UP breakouts, and opposite in Down Trend. That will reduce almost 90% of bad trades. G.

How exactly do you trade regarding your swing rule? We wait for a local top in a down trend. If colours are coded green (we are in an up trend) regarding your swing rule and the volume oscillator indicates a top, would you wait that colours changes to orange or would you only trade set-ups with tops in a simultaneous down trend? And another question to OTHER PARTICIPANTS of discussion: Has someone yet coded gg53s swing rule trend indicator?

Already responded to that question:

ForexGT_VolumeOsc is meant to Pinpoint the exact bar in the Peak/Trough area to enter in the direction of the Trend.

 

G.

[gg53]

simplex wrote:

For me, ‘instead’ of coffee is not an option …

gg53 wrote:

I “drink” each morning any article about Volume in FX, Stocks, Commodities, Futures, etc. – instead of coffee…

MTH2014 (Kiads) wrote:

Java Coffee…….!!! in big volume everyday… Yay… !! lol..

… an interesting article ‘and’ a cup of coffee can make a stimulating Sunday morning. See here for medical details: http://penguintraders.com/forums/topic/the-take-a-break-from-serious-business-thread/page/3/#post-9645 Best, s.

Impossible for me to do two things simultaneously.

I’m male.  ;-}

 

G.

[gg53]

For me this subject is concluded.

Awaiting for your contributions on Peaks/Troughs & Trend on the “Trading made REALLY Simple” thread.

Hoping to help everyone in this community to build a sturdy and solid trading system, not just small parts of it.

The VolumeOsc will also play its part, as already mentioned.

 

G.

[Anti]

gg53 wrote:

Already responded to that question: ForexGT_VolumeOsc is meant to Pinpoint the exact bar in the Peak/Trough area to enter in the direction of the Trend. G.

Thus, there’s no trading signal in your images in post #9900. Peaks of breakouts out of +40 range indicates peaks. But for all those peaks you marked with dashed pink lines the trend is still up (green bars) … That’s what I don’t understand.

[gg53]

Anti wrote:

gg53 wrote:

Already responded to that question: ForexGT_VolumeOsc is meant to Pinpoint the exact bar in the Peak/Trough area to enter in the direction of the Trend. G.

Thus, there’s no trading signal in your images in post #9900. Peaks of breakouts out of +40 range indicates peaks. But for all those peaks you marked with dashed pink lines the trend is still up (green bars) … That’s what I don’t understand.

Overall Trend is DOWN. Green bars are Peaks whithin down trend, Orange are Troughs.

Thus I marked entry points at Peaks areas.

Discussion on TREND function definition and how to define it correctly will be within the “Trading made REALLY Simple”.

 

G.

[Anti]

Ok.

[simplex]

gg53 wrote:

Impossible for me to do two things simultaneously. I’m male. ;-}

Like coding and typing?

s.

A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)

[gg53]

simplex wrote:

gg53 wrote:

Impossible for me to do two things simultaneously. I’m male. ;-}

Like coding and typing? s.

Yeah… ;-}

 

G.

[blueface]

gg53 wrote:

Hold your horses !!! tankhang just told me (via Skype) that he found a treasure, here: http://www.traderslog.com/defining-the-trend and sent me the MQ4 source (attached). This is very, very similiar to mine (difference in bar/timing calculation) . Enjoy, and thanks tanghang !! G.

Hi G

I found another indi ,its code is more better.

its come from TSD

Volume zone ascillator

its the old one.

<u>https://www.forex-tsd.com/forum/exclusive-forum/elite-section/3686-?p=541687#post541687</u>

the new one is here

https://www.forex-tsd.com/forum/exclusive-forum/elite-section/3686-?p=1777015#post1777015

Best Regards.

• This reply was modified 10 years, 4 months ago by blueface.
• This reply was modified 10 years, 4 months ago by blueface.

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[gg53]

blueface wrote:

gg53 wrote:

Hold your horses !!! tankhang just told me (via Skype) that he found a treasure, here: http://www.traderslog.com/defining-the-trend and sent me the MQ4 source (attached). This is very, very similiar to mine (difference in bar/timing calculation) . Enjoy, and thanks tanghang !! G.

Hi G I found another indi ,its code is more better. its come from TSD Volume zone ascillator its the old one. <u>https://www.forex-tsd.com/forum/exclusive-forum/elite-section/3686-?p=541687#post541687</u> the new one is here https://www.forex-tsd.com/forum/exclusive-forum/elite-section/3686-?p=1777015#post1777015 Best Regards.

Good job, Treasures Hunter !!

 

G.

[fasttrade]

hi G

just want to ask u the pink vertical line in ur indicator ForexGT_VolumeOsc 

disappear or its manually drawn ?

as when i match 2 imges of h4 its not maching?

[gg53]

fasttrade wrote:

hi G just want to ask u the pink vertical line in ur indicator ForexGT_VolumeOsc disappear or its manually drawn ? as when i match 2 imges of h4 its not maching?

I manually drawen those for comparison between the two indies.

 

G.

[fasttrade]

Thanks for ur replay g

would u plz update more snaps for 4hr charts plz

[gg53]

fasttrade wrote:

Thanks for ur replay g would u plz update more snaps for 4hr charts plz

Recent H4 EURUSD.

 

G.

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[fasttrade]

slight modification done now arrow work as per direction(vertical line use for reference manually plot as per g snapshot)

still working…………….

all credit goes to g

 

• This reply was modified 10 years, 4 months ago by fasttrade.

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[Anti]

simplex wrote:

Ok, Following G’s repeated proposal (thanks for that!) of averaging volume per session, I now attach a first simple prototype of that kind. For now no gimmicks, no normalization (except for time), no oscillator. Unit shown is ticks per second, bars colour coded in a simple manner for up / down. By default, session averages are being calculated over a period of 5 days. Next step might be to normalize this for average := 1. s.

Just a rough observation. Whenever volume exceeds the doubled session mean, next candle will more probable than not go to the opposite direction (blue bars at i+1, red bar at i, and vice versa). One could trade this in spot forex market on higher time frames or as binary option …

[simplex]

Sorry guys, it took me a little longer than announced:

simplex wrote:

Indicator will be published later this evening after code cleanup – stay tuned.

Some debugging had to be done. Modifications in this version as compared to the initial one:

1.0    initial release published 2015-11-03
1.1    -    published 2015-11-08
-    input parameter for timer interval added
-    input parameter for indicator depth added
-    output scale points per tick added
-    deactivated property time in struct INTRABAR
-    10 seconds interval painted on screen @ min / max lavel
-    general code cleanup

If you find more bugs, please post here or PM me, and any questions welcome!

s.

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A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)

[gg53]

simplex wrote:

Sorry guys, it took me a little longer than announced:

simplex wrote:

Indicator will be published later this evening after code cleanup – stay tuned.

Some debugging had to be done. Modifications in this version as compared to the initial one:

1.0    initial release published 2015-11-03
1.1    -    published 2015-11-08
-    input parameter for timer interval added
-    input parameter for indicator depth added
-    output scale points per tick added
-    deactivated property time in struct INTRABAR
-    10 seconds interval painted on screen @ min / max lavel
-    general code cleanup

If you find more bugs, please post here or PM me, and any questions welcome! s.

Good job !!, Oooops, sorry, no… GREAT job !!

G.

[simplex]

Hmmmm …

Anti wrote:

Just a rough observation. Whenever volume exceeds the doubled session mean, next candle will more probable than not go to the opposite direction (blue bars at i+1, red bar at i, and vice versa). One could trade this in spot forex market on higher time frames or as binary option …

… a daring assumption, imho.

Looks like an advanced lesson for your R thread to check that. ;-}

Maybe I should start thinking about a csv export for R import.

s.

A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)

[Anti]

simplex wrote:

… a daring assumption, imho. Looks like an advanced lesson for your R thread to check that. ;-} Maybe I should start thinking about a csv export for R import. s.

We can do that – it’s on my list. I invite everybody interested in R programming to my thread. (There’s also an indicator which helps to export also indicator values to csv files.) But please mention – it was a rough idea.

[Author]

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