Indicators: FivePattern - page 5

 
nav_soft:

So reduce the search window to 110 (HistSize - "Zigzag: History size for calculations"). I wonder how it will work on the index???(I haven't tested it...) It may well turn out like this: due to low market volatility the indicator will not work, as in the second version I remember struggling with flat.... Look for the comment in the file mycpatternzigzag.mqh "ANTI-FLAT" and comment out the code below the inscription before return(true), maybe it will cure.

About mapping to technical figures:

The first version of the code had this, but then I personally tested them in a case.... and got a complete disappointment (the actual figure of Head & Shoulders)... 40-50% of TC efficiency, it's easier to guess on coffee grounds! But then there was TS 2 version FP + CCI efficiency improved up to 75-85%, here I rejoiced, but too early... The standard Zigzag is too subject to overoptimisation to the current volatility, i.e. the TS drains the deposit on significant forwards. I started working on a new core, in the process of work/testing it struck me, the easiest and most effective way was in plain sight: it is a price correction. The market will not go anywhere from you! The main thing is to know the approximate place of entry and exit. The third version of the TS without any optimisation showed 98% of profitable trades. So that's what I'm saying - I removed them so as not to confuse people. But if people demand it, there will be a comparison with the technical model.

By the way, I noticed one pattern when optimising the search core, whatever the search algorithm is: Classic Zigzag or other, the error in predicting the next model varies about 20+/-1 %. And this leads me to think that A.Merrill either deliberately did not describe 6 patterns (i.e. 3 M and W figures each) or did not detect them.

That's exactly what it is, Merrill's figures themselves give little information about the market and its further movement, only an assumption that what figure may be formed in the future, but in the presence of filtering elements and as an addition to any strategy it becomes a"weapon of mass profit" perhaps A. Merrill made it intentionally or intentionally.Merrill did it intentionally or did not see it, or maybe he just did not have time, in any case, the beginning was laid, it remains only to supplement and modernise, as well as to adjust to the existing market,I for example do not really care about M and W waves, I am more interested in what Elliot wave the market is in now, if you take any Merrill wave and compare it with the Elliot Wave Structure, and filter everything with Bill Williams signals, then very interesting trading opportunities open up. So don't stop there, develop, and modernise!!!
 
ozhiganov:
This is exactly what it is, Merrill's figures themselves give little information about the market and its further movement, only an assumption that what figure may be formed in the future, but in the presence of filtering elements and as an addition to any strategy it becomes a"weapon of mass profit" perhaps A. Merrill did it intentionally or saw it, or perhaps just in time.Merrill did it intentionally or did not see it, or maybe he just did not have time, in any case, the beginning was laid, it remains only to supplement and modernise, as well as to adjust to the existing market,I for example do not really care about M and W waves, I am more interested in what Elliot wave the market is in now, if you take any Merrill wave and compare it with the Elliot Wave Structure, and filter everything with Bill Williams signals, then very interesting trading opportunities open up. So keep up the good work, develop, and modernise!!!!
Thank you very much, yes dashingly twisted plot, more complicated than any detective. with Eliot waves was dealt with so did not understand to the end because from any moment you can start counting 1.2.3.4.5.ABC, And you seem to fall into 10. with this indicator is a little clearer I will try it, thanks to the author, and because you are poking like a blind kitten and all only on the guess 50/50 mostly while on the real I drain, although on the demo champion millionaire))) I think that the connection of the previous (big TF) with the subsequent (smaller - something like a time machine) will probably add chances in the expected price movement ... I would be very grateful to you if you would leave comments on this indicator in your blog you do it well thank you very much success to all!!!!!!.
 
Five points. Is there a version for MT4?
 
marketeer:
Five points. Is there an MT4 version?
Not yet.
 
nav_soft:


..., the easiest and most effective way lay in plain sight:a price correction. The market will not go anywhere from you! The main thing is to know the approximate place of entry and exit. The third version of the TS without any optimisation showed 98% of profitable trades.

and what do you mean by price correction...?

2nd question - for some reason the indicator "blinks" when working - do you know what this is related to?

 
The fivepattern can' tuseproperly. point out erroneous, can you modify? think you very much . The fivepattern can't use properly. point out erroneous, can you modify? The fivepattern can't use properly. point out erroneous, can you modify?
 
The fivepattern can' tuseproperly. point out erroneous, can you modify? think you very much . The fivepattern can't use properly. point out erroneous, can you modify? The fivepattern can't use properly. point out erroneous, can you modify?
 
nav_soft:
Not yet.
If you have not yet abandoned the indicator and use zigzag I can offer, you can say, an alternative to optimisation for TF and "flights" of the market, please write to LS.
 
nav_soft:
The project is closed. I hope it will be removed from CodeBase soon. Thanks, everyone.
Why closed, it was working fine?
 
ozhiganov:
Why closed, it was working fine after all?

There was some mutual misunderstanding between me and MQL employees. The situation has been resolved. Work on the indicator will continue.

I sincerely apologise to the MQL staff.

Sincerely A. Emelyanov.