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Has anyone else noticed the xpma indicator paints the past bars? i have tried it out on a few different pairs and time frames and it does this, not unlike many other indicators for this platform, which really defeats the purpose.
yes they can dramatically repaint and the only way to overcome it is to redraw the charts over and over again. this makes them more or less useless.
regards
I think coder's guru has done so wonderful job.XPma EA is a very good trend trading EA. I wonder why there isn't any backtesting results about this excellent EA here. I'm foward testing this EA, and I post my backtesting result here. Like every trend trading system, XPma EA will make good profit when market is going up or down straight, but looks bad when market doesn't seem to be with a obvious trend. But i think we can control the loss.
I change some code of this EA to keep lots=1 for testing. The original version makes much more profit than the results I give here.
The result is of 2006. This EA also makes excellent profit in 2001-2005 backtesting.
Parameters are :Lots=1; TakeProfit=1000; TrailingStop=10; StopLoss=9; Slippage=5; MaximumRisk=0.1; MA_Period=7; MA_Type=3; MA_Applied=0; T3MA_VolumeFactor=0.8; JMA_Phase=0; Step_Period=2;
Hope it helps, thank you all. Thank you again, coder's guru!
Is there any version of xpMA indicator without arrows on the price window and without sound alert ?
SIMBA,
Don't you have the mq4 file of this useful indicator ?
Hi Mikejody,
I just saw your post a few minutes ago.I checked for 1 min TF with very short settings of 5,2,0,0.8 to see if it repainted and it did.I was as surprised as you from this fact.
It seems to me that you spent a lot of time on this indicator and that you are frustrated by it.I spent several hours making a MULTIPLE TIME FRAME VERSION in histogram form(Please see attached picture "Be like water my friend.." on bottom)because I thought this had potential(and I am not a programmer,just modified several MTF indicators until I got the right one by trial and error) and now I do not know what to think.I have attached it as MTF xpmatrend.ex4,if you want to use/check it fel fre to do so,if you want the samelook use with lower limit 0.45 ,higher limit 0.55,it seems to work but now I am not so confident.
I hate repainting indicators for the false signals they give,on the other side I think that we have to take into account:
1-REPAINTING:It does not seems to be coded to repaint intentionally, but-in my non programmer opinion- this is a byproduct of the code used in calculating the xpma,Ithink that the longest the period we use(ex:34 periods)the less effect it has on timing of entries/exits.This can be answered by either Codersguru or any other programmer.SOMETHING THAT INTENTIONALLY REPAINTS DOESNOT LEAVE THE KIND OF "COLOUR GAPS "WE CAN SEE IN THE ATTACHED PICTURES.
2-CODERSGURU:I do not know him personally,but from the posts he has written I have the feeling that he is not the kind of person to voluntarily mislead others.My opinion of him,and I think it is shared by the vast majority of forum members,is that he is an exceptional programmer that shares most of his work to help the community.So,I would like to hear his explanation about this repainting before forming any fixed opinion about this matter,it coul have ben a code mistake,etc,etc..
Best Regards.
SIMBAMTF xpMA
xpMA is one of the best MT4 indicators, as it is multi-funcational
An interesting feature of this indicator is its MTF feature
But there is a bug in MTF feature
When using a fixed TF in the setting in other chartes the time scale (x-axis) will not be updated, and then the indicator is irrelevant to the price.
Please fix it.
Btw, is there any xpMA EA to trade based on crossing of two xpMA indicators ?
I think coder's guru has done so wonderful job.XPma EA is a very good trend trading EA. I wonder why there isn't any backtesting results about this excellent EA here. I'm foward testing this EA, and I post my backtesting result here. Like every trend trading system, XPma EA will make good profit when market is going up or down straight, but looks bad when market doesn't seem to be with a obvious trend. But i think we can control the loss.
I change some code of this EA to keep lots=1 for testing. The original version makes much more profit than the results I give here.
The result is of 2006. This EA also makes excellent profit in 2001-2005 backtesting.
Parameters are :Lots=1; TakeProfit=1000; TrailingStop=10; StopLoss=9; Slippage=5; MaximumRisk=0.1; MA_Period=7; MA_Type=3; MA_Applied=0; T3MA_VolumeFactor=0.8; JMA_Phase=0; Step_Period=2;
Hope it helps, thank you all. Thank you again, coder's guru!Hey Scout, nice one with the backtest results.
I tried to replicate your results on backtests, but I kept on getting the following message in my journal (see attached).
After every second there is a message, and backtesting takes forever. The final result is blank, no trades taken for the month of September 2007. Weird. I am using the indicators from the zip file in the very first post.
Thanks.
FXG.
scout, gotta agree with fx_geezer, the settings you posted result in no trade being opened. Furthermore, the 2 variables 'T3MA_VolumeFactor' and 'MaximiumRisk' (I can only find 'Risk' in the code) you have specified floating point values whereas they are actually integer values in the EA...
really cool
Wow! This is really cool!
Thanks scout for your efforts.
I think coder's guru has done so wonderful job.XPma EA is a very good trend trading EA. I wonder why there isn't any backtesting results about this excellent EA here. I'm foward testing this EA, and I post my backtesting result here. Like every trend trading system, XPma EA will make good profit when market is going up or down straight, but looks bad when market doesn't seem to be with a obvious trend. But i think we can control the loss.
I change some code of this EA to keep lots=1 for testing. The original version makes much more profit than the results I give here.
The result is of 2006. This EA also makes excellent profit in 2001-2005 backtesting.
Parameters are :Lots=1; TakeProfit=1000; TrailingStop=10; StopLoss=9; Slippage=5; MaximumRisk=0.1; MA_Period=7; MA_Type=3; MA_Applied=0; T3MA_VolumeFactor=0.8; JMA_Phase=0; Step_Period=2;
Hope it helps, thank you all. Thank you again, coder's guru!Question
Wow! This is really cool! Thanks scout for your efforts.
hI, codersguru,
I'm new on forex and I like to ask something that I understand is very important: By what way can someone to make a system backtest in MT?
Thank you very much