"Golden Arches" Project

Another idea...

You know that 2 * Secondary ATR rounded optimally from the avg. trade price is used for the target currently...so 5 * secondary entry ATR optimally rounded from the avg. trade price could be used for a catastophic stop.


I know this is exactly opposite of a 2.5:1 benefit to risk ratio...but there is an edge
 
Bumper sticker:


Forex Traders do not sleep, they just change timezones ™

Quote from TradeViper:

ES, even snakes need to sleep, I'll send you something tomorrow

The Ever Resting VIPER
 
fifo,

This is intiriguing.


because our period can be tuned.

ElectricWasThinkingSoHardAtTheGymTodayAndForgotToStopPedalingDuringTheWarmUpAndDidAnExtraTwentyMinutesOnTheElipticalSavant
 
MT4 daily curvi-rank for lower timeframes
/*
----------------------------------------------------------------------

Indicator : cr_d1.mq4
Version : v1.01a
Author : R. Boles
Copyright :
Date : 1-Feb-2007
Contact : boles.ron@gmail.com
Notes : Plot DAILY curvirank on other timeframes

----------------------------------------------------------------------
*/

#property indicator_chart_window

#property indicator_buffers 7
#property indicator_color1 DodgerBlue
#property indicator_color2 DimGray
#property indicator_color3 DimGray
#property indicator_color4 DimGray
#property indicator_color5 DimGray
#property indicator_color6 DimGray
#property indicator_color7 DimGray


double buf1[];
double buf2[];
double buf3[];
double buf4[];
double buf5[];
double buf6[];
double buf7[];


//+------------------------------------------------------------------+
int init()
{

SetIndexStyle(0,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(0,buf1);
SetIndexStyle(1,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(1,buf2);
SetIndexStyle(2,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(2,buf3);
SetIndexStyle(3,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(3,buf4);
SetIndexStyle(4,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(4,buf5);
SetIndexStyle(5,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(5,buf6);
SetIndexStyle(6,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(6,buf7);

return(0);
}
//+------------------------------------------------------------------+
int deinit()
{

return(0);
}
//+------------------------------------------------------------------+
int start()
{
double crd1[300], tmpval=0;
int i, c, tmpday=0;


// tmp array for 300 days cr_r0
ArraySetAsSeries(crd1,true);
for ( i=0; i<300; i++ )
crd1 = iCustom(Symbol(),PERIOD_D1,"CR_r0",0,299,2,0,i);

// process latest 1000 chart bars
for ( c=-1, i=0; i<1000; i++ )
{
if ( TimeDayOfYear(iTime(Symbol(),0,i)) != tmpday )
{
c++;
tmpval = crd1[c];
tmpday = TimeDayOfYear(iTime(Symbol(),PERIOD_D1,c));
}
buf1 = tmpval;


// fib lines
double x = tmpval;
double _POINT = Point;

buf2=x+(55*_POINT);
buf3=x+(89*_POINT);
buf4=x+(144*_POINT);

buf5=x-(55*_POINT);
buf6=x-(89*_POINT);
buf7=x-(144*_POINT);

}

return(0);
}
//+------------------------------------------------------------------+
 
Quote from rjb1024:

MT4 daily curvi-rank for lower timeframes
/*
----------------------------------------------------------------------

Indicator : cr_d1.mq4
Version : v1.01a
Author : R. Boles
Copyright :
Date : 1-Feb-2007
Contact : boles.ron@gmail.com
Notes : Plot DAILY curvirank on other timeframes

----------------------------------------------------------------------
*/

#property indicator_chart_window

#property indicator_buffers 7
#property indicator_color1 DodgerBlue
#property indicator_color2 DimGray
#property indicator_color3 DimGray
#property indicator_color4 DimGray
#property indicator_color5 DimGray
#property indicator_color6 DimGray
#property indicator_color7 DimGray


double buf1[];
double buf2[];
double buf3[];
double buf4[];
double buf5[];
double buf6[];
double buf7[];


//+------------------------------------------------------------------+
int init()
{

SetIndexStyle(0,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(0,buf1);
SetIndexStyle(1,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(1,buf2);
SetIndexStyle(2,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(2,buf3);
SetIndexStyle(3,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(3,buf4);
SetIndexStyle(4,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(4,buf5);
SetIndexStyle(5,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(5,buf6);
SetIndexStyle(6,DRAW_LINE,STYLE_DOT,1);
SetIndexBuffer(6,buf7);

return(0);
}
//+------------------------------------------------------------------+
int deinit()
{

return(0);
}
//+------------------------------------------------------------------+
int start()
{
double crd1[300], tmpval=0;
int i, c, tmpday=0;


// tmp array for 300 days cr_r0
ArraySetAsSeries(crd1,true);
for ( i=0; i<300; i++ )
crd1 = iCustom(Symbol(),PERIOD_D1,"CR_r0",0,299,2,0,i);

// process latest 1000 chart bars
for ( c=-1, i=0; i<1000; i++ )
{
if ( TimeDayOfYear(iTime(Symbol(),0,i)) != tmpday )
{
c++;
tmpval = crd1[c];
tmpday = TimeDayOfYear(iTime(Symbol(),PERIOD_D1,c));
}
buf1 = tmpval;


// fib lines
double x = tmpval;
double _POINT = Point;

buf2=x+(55*_POINT);
buf3=x+(89*_POINT);
buf4=x+(144*_POINT);

buf5=x-(55*_POINT);
buf6=x-(89*_POINT);
buf7=x-(144*_POINT);

}

return(0);
}
//+------------------------------------------------------------------+


Thanks, rjb. Tried it out, works great and learned something new.
ES will love it.
 
Hi All

thanks for this great thread and all the efforts of everyone in sharing the fruits of your labour. I've got a few questions and hopefully will be able to contribute back - as I usually labour my understanding and will therefore document things in steps - which may be useful to newcomers.

I'll lob the questions one at a time, so as not to confuse - question 1: if we are dealing with exhaustion, then wouldn't a sensible confirmation indicator be a longer-period-to-normal macd? macd divergence is an absolute necessity for my trading style and if I make a really bad decision, it is usually because I didn't confirm that there was divergence on the macd...
 
by the way guys...I just did what i had to do and took the 3600 hundred buck loss...I am out of the EUR/AUD

I will now transfer all of the money but 50 bucks out of FXCM...

Michael B.
 
Well...I guess i should look on the bright side and accept that I am only up 1k in 4 months...on about 5k invested...lets see that is about....20%....isn't it?

Soi its not all bad...this is trading...but more importantly...look at the recent happenings in the project!!!

Thanks WG...

Michael B.


P.S. So far most of the rules are intact...but I imagine the implementation of the stops...whatever they may be....will change some things...Get ready for some live forward testing gentleman...



Quote from Wayne Gibbous:

Sorry for your loss, ES.

Keep on truckin'.

Success is just around the corner! :cool:
 
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