No MTF or Multi-Pairs Testing For MQ4 Strategy Tester
Not sure if you got any answers yet. So as far as I know, the MQ4 Strategy Tester can only test one pair on only one time frame.
It cannot test MTF or multi-currency pairs...something about not being able to read Bar 0 on the MTF's...and it is limited to one currency pair at a time because how MQ4 Strategy Tester uses History.
If you search the MQ4 forum you will find some more discussion on these Strategy Tester limitations for MQ4.
However, you don't have to trade the MTF's and Multi-pairs manually.
MTF and Multi-pair indicators can work in forward testing for demos and EA's live, but MQ4 Strategy Tester is definitely limited for testing them.
The MQ5 platform now has the Strategy Tester that can test MTF's and multi-pairs (I haven't tried it yet). And it finally has a Visual Test mode to work with. Yea!
Hope this helps,
Thanks for your reply. Good to know that it's not just me having those problems.
I however recently solved the problems by writing the MTF indicators in a different ways to eliminate the problem. I call my indicator honest MTF indicators. It can be shown on back testing to make testing of such strategy possible on MT4. And the result is accurate for sure.
I've coded it for a client so can't directly post the code there, if there's interest I can do the same with a simple indicator say RSI and do a demo here. Not sure if there's other ways but this is so far I've found.
I like the priciple of MTF strategy but the repaint effect (technically not repaint but nevertheless repaint on smaller time frame) bothers me personally.
Maybe it's time to look at MT5.
MTF FisherYur4ik_2 ?
Im looking for MTF version of FisherYur4ik_2.
I have few others MTF Fishers indicator but Yur4ik_2 works better in my actual system.
Best regards, J.
Yes please post your version of mtf rsi and/or macd, cci... I would like to view them and if I see a significant difference I have a project for you that I would like for you to take a shot at with 2-3 indis I use.
Writing the MTF indicators in different ways
I however recently solved the problems by writing the MTF indicators in a different ways to eliminate the problem. I call my indicator honest MTF indicators.
...If there's interest I can do the same with a simple indicator say RSI and do a demo here. Not sure if there's other ways but this is so far I've found.
Glad I could help...well...actually...glad I could help let you know you aren't the only one...lol!
You have tickled my curiosity to no end...
I would love to see any examples using a simple indicator that eliminate these problems.
You may have found an interesting solution to a major problem with MT4.
Thanks for your help!
Multi Waddah Exp Indy
If possible could someone fix this indicator to show only one arrow at the change of state.
Right now I have this.
MTF Waddah Indy
I am only able to get it to do this. I would like only one arrow on the change.
also it is very heavy on cpu usage.
I've been too busy with coding lately to check this thread. I made a short video to someone who emailed me about this, I probably could explain things better if I knew I need to use it for showing it to the public, in fact I kind of think I did a horrible job explaining it. See if you can get the idea.
2011-07-28_1538 - Wise-EA's library
Basically the solution is:
1. First to code any MTF idea inside the EA to avoid calling the MTF indicator. It's usually easy since the MTF indicator is nothing special to begin with.
2. For display purposes on back testing, create a simple indicator like mine directly calling the original indicator value at bar end and don't do any manipulation on values.
could be fixed so the color works correctly, ie time frame panel
red if the macd is crossed down, time frame background
green if crossed up AND add optional alerts for:
1. You can select to get a pop up alert when
one or any of the time frames used macd lines cross
2. When any one of the time frames cross
and ALL the time frames used are now crossed
in the same direction..
IF this cant be added, then I want an mtf macd cross
that does the second one above..please this is really
awesome. An alert when all the time frames entered,
I want to use 4
4 hr 1 hr 15 min 5 min
First all agree in the same direction, ie could be the 5 min
just crossed or the 15 or the hour..whatever, when all
now agree, pop up alert telling the situation.
Can someone help?
How do you set alerts to pop up a window when all macds timrframes in the same direction?
Testing MTF in MQ4 Strategy Tester
I made a short video to someone who emailed me about this. See if you can get the idea.
Thanks for sharing your video on using MTF indicators in your EA for testing with the MQ4 Strategy Tester.
The video was clear...well done and easy to follow your presentation. You do a very nice service for your customers.
I'm very impressed with your approach and will look forward to more discussion from others on this.
I have not yet tried to do this, but it seems like it does solve the MTF problem in the Strategy Tester.
Again....thank you for your kindness in sharing what looks like a very unique solution to the MQ4 MTF Strategy Tester problem.
If there is anything I can help you with, please let me know.