[KENERGY]

Delete account is at the end of the settings options, so no worries. No hacking required.

[KENERGY]

“The interactions between people are very similar to the interactions between neurons.” – Athene

Anyone else see fibo retracements, places to put Andrews pitchforks and trend lines etc in this EEG? Esp the red one?

Can we gain any advantage from knowing that the market has brainwaves?

• This reply was modified 11 years, 7 months ago by KENERGY.

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[KENERGY]

I don’t know if kprsa came to Penguins, but can anyone here take a look at recurrent statistics that i have modified and attached. It is a simple addition to track the number of bars back for each TZ, but it misses the last lower TZ. Attach it to a chart and you will see that the line I added shows the last top TZ but not the lower one. I am starting to think its an MT4 problem.
The idea is to print an alert or notify to mobile if 2 tops in a row or 2 TZ in line etc.. rare events.

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[KENERGY]

Paper tape at least! Much faster than cards. I have a 1983 vintage CNC mill that “only” takes 20 minutes to load an 8K executive tape. Then you have to wait 15 minutes for it to rewind so you can load data.

[KENERGY]

Jurij,

At this point I am trying to see where I can trade with the 90+ percent.  As per the discussion at the start of this thread. If in an up trend the prices hit the top line 90+ percent, and you have an opening below that line, you have a 90+ percent signal any day that happens. So far my EA on that one keeps giving me strange results. Sometimes I think MT4 is screwy but I usually find that is is just my code. Presumably it is just my code even when I cant find it. :)

 

[KENERGY]

Skyline,

I have been trying to combine TZ with BB in trending markets, with a plan to tackle ranging markets next.

For example if the trend is down: When you get PTZ at bottom (new low) on daily chart it has More than the 80% chance recurrence if H is set to 97/3%. So if I get that on a daily I go to the 4 hour and look for a PTZ above the bollinger band to signal sell. Then I have momentum indicator to trigger actual sell.  I have found that it has to be ‘tuned’ to the wavelength / amplitude of the market, an I am working on that now. But it is slow going as I work 60HRs a week and post here too.

 

 

[KENERGY]

Drloyd, maybe they figure 12000+ traders lost to Steve Hopwood is enough. And if that indicator works like you say they will lose a lot more if they let you keep mentioning it.

Ken

[KENERGY]

Yes Simplex, you are right , once a zone is Identified as PTZ the solve rate is far lower if the H is constant on both sides. There are however, h values that may not be practical to trade that yield 97% solved. Try EURUSD H1 at H=144 for example. I stumbled across this while trying to do H=6 on daily (6days*24HRS=144) and trade in H1 with an EA.

Fortran on cards!!!    Honeywell Multics:  150 terminals with 15MB ram and a stack of 8 inch floppies to support it.     1980

Thanks for the reminder about V4.3  but i am not looking at those stats at this point.

Ken

 

[KENERGY]

Remember, the Brainstorm part of the title means that any thing you see that is “rare” you can note here, even if you just noticed it and have no ideas of how to trade it. I didn’t really want to make this thread about my observation of the 3 day lines. But they will do until something better comes along.

[KENERGY]

Saver0, so on the BB parameters in MT4 does picking deviations 2 mean that it will adjust until 75% of bars are within the bands?

Ken

[KENERGY]

Hi Zelo,
Here is my idea of how to use this. Below is Monday night Dec. 8 chart. About 5 minutes before I type this. The top line is at 1.4221, bottom is at 1.395. Last week a rare event happened, neither line got hit. It has been a year since that happened 2 weeks in a row, so we look at other indicators, s/r TZ etc to decide if we think Buy and price will get to top line OR sell and price will get to bottom line. From H4 chart, I am thinking buy, but I have been wrong before.

• This reply was modified 11 years, 7 months ago by KENERGY.

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[KENERGY]

Marked up some charts at home but my connection went down! Will try to find time to redo at work today.

[KENERGY]

Piratepip, it is visual at this point. When I started to code things i found that the MA doesnt finalize until the bar is closed so you get strange results like price is at mid line during bar but then mid line is somewhere else at close. This is just a very preliminary idea but if you see a bar that is far from the midline chances are it will go close to it by the end of the bar. It is a regression to the mean strategy, I have just added the MA3 high and MA3 low to get another couple of data points to compare prices to adn thats when I noticed that 90 plus percent of the time prices hit center and one of the other lines.

[KENERGY]

Saw this posted on a bus stop bench on the way home, just had to find it and post it for all you “loose cannons” that got revoked.

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scissors, the third post in this thread has the EA I would modify to follow your system. It has a counter from the last center bar and simple tests before entry that could be modified for your entry.

tradeforlife1, maybe the entry in my EA, after the 3 bar MA turns in your favor, then a trailing stop instead or as well as,  a 100pip TP.

Ken

[KENERGY]

mam.trader,

From the point of view of a programmer TZ has given me ideas of how to separate minor highs/lows from trend change highs/lows, given an easy way to code a search for patterns, timing etc, all of which can apply to trending or ranging markets. It can even help the EA to tell when a market is trending vs. ranging. In fact my current goal is to write 2 EA’s one that makes money in trending and one that makes money in ranging and combine them in a switcher EA that knows when to apply each EA. I think TZ will allow me to do this.  I was always frustrated by the wait after the peak for fractal indicators of major trend changes. TZ made me realize I could split the fractal into halves and get statistics for how reliable they are (thanks kprsa). So you are not wrong about simple MA working in trending markets, but there are other factors that may not apply to your activities but do apply to other peoples.

Sorry saver0, I saw your request to keep it FF related but at this time there is no where else reply to this in progress discussion.

Ken

[KENERGY]

hmm… I see your point.   I guess I have to second your question to saver0, is the time left always hours or is it bars in each time frame listed?

Ken

[KENERGY]

Saver0,

Sent diceman555 a message to contact you here.  Now I guess we will see if the assholes mess with me.

Thanks for starting this and the TZ percentage dashboard.

Ken

[KENERGY]

Just tried a post but dont see it. sorry if it gets doubled.

Hi scissors,

My EA has TZ detector and timer already in it, but I have many ideas to try already so unless someone else wants to modify my EA it will be awhile before I can do it.

Do you mean 48 bars after the left half forms or after a complete TZ forms?

You may be able to use this while manually tracking it for SL, but we cant use the EA for back testing without a SL as it will almost surely get a trend change in the middle of a trade and run against you for weeks and thousands of pips. Hell that happens sometimes even when I code a SL into every trade. It expires or something.

Ken

[KENERGY]

Hi maahome,

Try to make bigger screen.

Cant really see the charts, will look into delta if I get time.

Ken

• This reply was modified 11 years, 7 months ago by KENERGY.

[KENERGY]

Hi mam.trader,

Glad to see you here.

There are methods to use the TZ concept to trade trending markets, but I am not yet sure if they are better than buy and hold strategy.  I wrote an EA that tripled an account (in backtesting)  during the recent EUR/USD move by assuming that the PTZ would fail (80+ % fail) and selling on the  retrace. In other trending markets the timing of it sucked, so an EA is harder than manually doing it. I hope to code it eventually, because I think the TZ makes it easier to code pattern matching and timing due to the simplicity of defining the highs and lows.

That said, your techniques may be giving you similar buy sell points (never sell at support etc.) so why would you need to pay attention to TZ.

Ken

[KENERGY]

GIO,

HOURS, NOT MINUTES

Sorry about the caps but I program in a language that requires all caps for CNC mills. This will happen to me once in a while. I am not shouting, get used to it. :)

Ken

[KENERGY]

After I posted Kiads post was there and reminded me that I also have a time filter in there to control the window where the trade can be made, but I think this will have to be changing with “wave length” of the market to be effective. Maybe a moving avg. of the time between the last three TZ tops for sells and bottoms for buys.  Another project on my to do list.

Ken

[KENERGY]

Hi Traderforlife1,

I have been working on an EA that does the opposite. Since 97 percent of PTZ get closed I am trying to figure out how to make an EA that picks the right time/pips away from start of PTZ to trade back to it. Did some work with stuff i saw on the sim thread such as PTZ outside of BB and I have my own ideas about momentum with moving avg. but I still need to work on it.  And I work 60+ hr a week. Spent Thanksgiving day learning about alerts and putting rectangles on the screen and still didn’t have time to get much into the “hybrid” EA I am working on to alert me when I should be looking for that return to the PTZ so i can trade it manually.

I will study how you use iCustom with Recurrence Statistics as that was one of the things i wanted to learn about.  I have been programming various languages since 1978 but the devil is in the details as far as getting anything useful.

So here is what I got so far.  When it sees a PTZ on daily it looks on hourly for BB extreme and makes a trade. This one has winning streaks and losing streaks through out the year on backtest so it isnt profitable as is but i think it has a lot of potential if anyone wants to improve it.  In fact this one is worse than one without BB slope filters that  added, but I give this one as it seems like it has more potential to tweak into a winner.

Even though our approaches are opposite I think we can both learn something from the others EA.

Ken

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[KENERGY]

It opened to another tab in Chrome. I ended up copy and pasting into a meta-editor window.

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