Discussion of article "Merrill patterns" - page 2

New comment
 
Alexander Fedosov:

Thank you, Alexander, for liking another article of mine. About the research, the app from this article is ready for them. The current configuration options already present a large number of options for searching.

In the next article I will try to expand the app's capabilities.

Thanks for your interesting work!

 

Thanks to the author for the article, interesting material and approach.

I have a couple of thoughts. You can search for a shape by bitmask. For example, for M-pattern = 0101, and for W-pattern= ~M-pattern= 1010, where 0 - decrease from the first point to the second, and 1 - growth.

If the pattern is found, the patterns themselves are more complicated (if we use bitwise operations). In the current version of the pattern we have 5 points. For one point we need 5 bits. If the point in the pattern is the lowest, it = 00001, if the highest, it = 10000.

Then we need an array of bits for identification. Probably Dmitri's idea with vertex numbers from the beginning will be easier. But it is possible that using bit operations can increase the search speed. We need to think of an algorithm.

 
Interesting article(!) but haven't you run at least a basic test of the performance of the patterns and share it here like: timeframe, timespan, found, threshold, how often threshold touched?
 
Carl Schreiber:
Interesting article(!) but haven't you run at least a basic test of the performance of the patterns and share it here like: timeframe, timespan, found, threshold, how often threshold touched?

What's the point of this? There are a lot of configuration options. Everyone can choose something of their own.

 


Hello.

I am interested in the chart pattern.

I downloaded the zip and wanted to test it, but I couldn't get it running as I wanted, so I was wondering if you could tell me how to use it in detail?

How do I open the Advisor and start the main screen?

When I drop a file onto the chart, the main screen does not appear.

I also pay attention to previous highs and lows. I want to determine the previous high and low at the point of the chart pattern and give the probability of the movement of the next leg if it is associated with resistance or support.

For example, if the first and fourth points in M2 are resistance, the first = resistance is reached, the second = a new high is reached, the third = the new high is pushed back by a profit-taking sell-off or a stop-loss sell-off at a limit price, the fourth = the price rises to resistance, but the buy-sell equilibrium is reached, the fifth = no further rise is expected. The fifth = The market decided that no further rise could be expected, and the price fell. We would like to incorporate resistance and support into our thinking.

If possible, could you give us some ideas?

Thank you in advance.

 
Good article, but I found a mistake.
In the GetCategories function on line 1055 of MainWindow.mqh, you calculate the number of days (or other timeframe). That's different than the number of candles.
I have tested it with the D1 Chart (EURUSD), Pattern M1. GetCategories returns the result of 37 candles backwards from the patterns. M1 Pattern on 1.7.2019, GetCategories returns the result of 9.5.2019 (Highs and Lows).

I don't know how to correct this. 

Regards

Alex
 

Hi Alex,

What a great article and i'm interesting to try it. 

I opened the your project in MQL5 editor. 

I have placed all the files on the location and run the program. found below errors 


resource file '\Images\EasyAndFastGUI\Candles\passive_2.bmp' not found MainWindow.mqh 1244 11

resource file '\Images\EasyAndFastGUI\Candles\pressed_2.bmp' not found MainWindow.mqh 1245 11

'iATR' - wrong parameters count MainWindow.mqh 850 14


3 errors and 18 warnings. is anything missing?



 
Wan Hasanul:
resource file '\Images\EasyAndFastGUI\Candles\passive_2.bmp' not found MainWindow.mqh 1244 11

resource file '\Images\EasyAndFastGUI\Candles\pressed_2.bmp' not found MainWindow.mqh 1245 11
Files:
Images.zip  188 kb
12
New comment