Could you add some regular filters?
* EMA(34) and EMA(204) - when price is above both the indicators - only long, when lower - only short. When between, don't allow any position.
* basic RSI filter
* basic Stochastic filter
* maybe also some another basic filter (I'm not very experienced in Forex)
Added pivot filter, your ma filter, and an Rsi filter.
thank you very much for your reply.
yes, I had tried it already. my EA works on 1M chart by using 1H "HMA for EA" indicator's value. I back tested my EA by visual mode and after finishing it I put 1H "HMA" indicator on chart but entry point was totally different.
so I just wanted to confirm 1H "HMA" and 1H "HMA for EA" are working same on 1M chart.
today is Sunday so I will check tomorrow how 1H "HMA" indicator works on 1M chart.
and still I want to check MTF version of "HMA for EA" indicator on smaller time frame.
so mladen please make it if you have spare time........
He all ready has made one please check here.
Regarding Goertzel, forecasting mtf...
"The difficult Mladen does immediately. The impossible takes a little longer."
"The difficult we do immediately. The impossible takes a little longer." - US Army Corps of Engineers
Gonna try it out as soon as market opens Thank you so much!
this is what I wanted to make an EA.
its 1H HMA period=2 on 1minute chart.
I back tested by visual mode and it was not repainting even current bar.
that's why I thought it can be EA and I will be millionaire soon.
today I checked it on real time 1M chart and I noticed it is repainting for sure.
of course it is 1H time frame HMA so it repaints maximum 60 bars on 1M chart.
Oh my GOD......last week .I was so excited and now completely disappointed and totally exhausted....
Thanks a lot mladen and mrtools and Advanced Elite section.
it was very meaningful 1month for me.
I will keep going ahead step by step.
I wish happy trading to you too.
mtf doesn't work on visual mode back-test. One of the many flaws of MT4..
The way mtf is calculated and show is not what we call "repainting" : it is a normal behaviour of a mtf indicator and all the bars of a lower time frame that belong to higher time frame must be updated to reflect the value of the current higher time frame value.
Interpolation adds smoothness to last value of the previous bar and last value of a current bar (to avoid the "step like" look of mtf) but it still is a mtf and it still needs to update all the bars belonging to higher time frame bar
...using the last ATR input,which may add even more noise to the data,due to its continuous variability bar to bar.
I think it will have the opposite effect: if you constantly adjust the bar size to the current volatility, and you take the bar size a bit larger than the hourly range (or whatever time frame you base yourself on: high-low), then it will reduce the number of bars on the chart. Just make sure that the "DRB" bar size is a bit larger than 1 times the range on the H1 chart or whatever time frame you pick as input. But that's not really the concept of the paper.
what is the index of this picture?
could u tell me what is the index and the parameters of this picture?
and i also hope you can send me the TPL.
i post the new thread for the first time, wish get you answer. thank u very much.
A couple of day ago I posted one more post that relates to the same subject : https://www.mql5.com/en/forum/general . It is an explanation how to get end-point values of a centered triangular moving average (more info about TMA you can find here : https://www.mql5.com/en/forum/179608 )