Hey guys~~ look at this..

[ntynamoo]

This is indicator.. No repainted..

 

http://www.megaupload.com/?d=FAU6PO0A

 

I belive that some mql programmer make it to EA. Let's make it~~and test..

 

Using only 5TF.. eur/usd

 

Entry..EX) Buy position mtf lj synergy id is blue signal and lj synergy id is blue..when candle start.

EX) Sell position position mtf lj synergy id is red signal and lj synergy id is red..when candle start.

 

Exit is when signal change "X"

[retireme]

Maybe just me but I see many conflicting indications here... would appreciate feedback if I am reading it incorrectly.

 

http://img14.imageshack.us/img14/4906/lookatthins.png

 

Rgds

RM

[soundfx]

Hi retireme,

 

Please can you mirror to multiupload as the megaupload link says file temporarily unavailable.

 

As for your example, I guess that this contradiction means stay out for the time being and only go long if all lights are blue at the top right and the bar at the bottom is blue too.

 

It's ok - managed to get the file eventually :)

 

Here's the mirror:

 

http://www.multiupload.com/MP1EORJHSR

Edited March 28, 2011 by soundfx

[ntynamoo]

I mean two indicators at the bottom. (mtf lj synergy id) and (lj synergy id) Ignore other indi...

[bizops]

What indicator(s) is this thing based on. And is this the same thread:

 

http://indo-investasi.com/showthread.php/12355-No-repainted-indicator..We-can-develop-it-to-EA..

[soundfx]

Ok - I think I know how the rules work:

 

http://img130.imageshack.us/img130/1278/5mscalp.jpg

 

#MTF_LJ_SYNERGY_ID.mq4 needs timeframe set to 60 because it's plotting the 1H trend.

 

Two other indicators need to be installed:

 

LJ_SYNERGY_ID.mq4

 

and LJ_SIG.mq4 (which is read by LJ_SYNERGY_ID.mq4)

Edited March 28, 2011 by soundfx

[ntynamoo]

Yes, You are right..Soundfx. I need to someone make it to EA. When I am using ECN broker. it lose small but profit is bigger than lose. I researched for three days all pairs. Edited March 28, 2011 by ntynamoo

[Guest indoshare]

Sweetheart Soundfx,

 

Would you please tell me which are the main indicators in the template and do any of the indis repaint .. are you using it? if so howz it going?

 

thanks in advance,

 

Indoshare

[scwon]

I have loaded the following indicators: LJ_Syneryg_ID, LJ_Sig, and MTF_LJ_Synergy (60 min) and am getting nothing but Xs on both lines for the whole chart. What did I miss?

[iwjw]

  scwon said:

I have loaded the following indicators: LJ_Syneryg_ID, LJ_Sig, and MTF_LJ_Synergy (60 min) and am getting nothing but Xs on both lines for the whole chart. What did I miss?

 

 

 

 

You need "Traders_Dynamic_Index" + "HeikenAshi_DM" for the LJ_Sig to work

[scwon]

Thanks, it's working now.

[FXiGoR]

Be awere that whatever backtest you do with an EA that is using MTF indicators can not be trusted at all.

Your backtests will look more then amazing because of the repaiting nature that EVERY MTF indicator has on the smaller time frame that you test on.

 

Your backtest will look great but your forward testing will be poor. In other words stay away from EA's that use MTF indicators. This problem has been discussed already many time for many years on different forums. So don't waist your time.

 

Friendly regards... FXiGoR

[bizops]

  FXiGoR said:

Be awere that whatever backtest you do with an EA that is using MTF indicators can not be trusted at all.

Your backtests will look more then amazing because of the repaiting nature that EVERY MTF indicator has on the smaller time frame that you test on.

 

Your backtest will look great but your forward testing will be poor. In other words stay away from EA's that use MTF indicators. This problem has been discussed already many time for many years on different forums. So don't waist your time.

 

Friendly regards... FXiGoR

 

 

I agree that the backtests for MTF EA's cannot be trusted because MT4 only can load backdata from one timeframe at a time, so the results will be inconclusive. However that does not necessarily mean that the MTF EA is no good if it works well during live market conditions. Because at that time the EA will be reading the live market data from all timeframes correctly. And of course it needs to be a good strategy too...

[iwjw]

The backtester can only load data from one PAIR at a time but all timeframes

And I'm not sure whether I can agree with FXiGoR about the repaint issue on the higher TF

Repainting is only possible during candle open time. If the candle of the timeframe you are testing is closed so is the snapshot of the higher timeframe...if the higher timeframe (H1) reverses its signal between minute 55-59 doesn't mean that the signal of the whole hour is invalid

You only have to make sure that you don't use values of open candles

 

edit:

FXiGoR is right...it's really a problem with historical data....never thought about it this way

Edited March 28, 2011 by iwjw
hmm...thinking again

[bizops]

  iwjw said:

The backtester can only load data from one PAIR at a time but all timeframes

And I'm not sure whether I can agree with FXiGoR about the repaint issue on the higher TF

Repainting is only possible during candle open time. If the candle of the timeframe you are testing is closed so is the snapshot of the higher timeframe...if the higher timeframe (H1) reverses its signal between minute 55-59 doesn't mean that the signal of the whole hour is invalid

You only have to make sure that you don't use values of open candles

 

 

Oh I thought MT4 backdata only loaded one timeframe at a time, because a while back I tried using a MTF indicator on the simulator and the indicator only displayed changes to the timeframe I had chosen to load data from. And all the other timeframes on the indicator remained frozen. Maybe it was defective, I'll try it again with a different MTF indicator and see what happens.

 

Thanks...

[FXiGoR]

  iwjw said:

The backtester can only load data from one PAIR at a time but all timeframes

And I'm not sure whether I can agree with FXiGoR about the repaint issue on the higher TF................

 

Hi iwjw,

 

You do not need to agree with me.....because that is also why I said that this problem has been discussed already many times and for many years.

Trust me an EA with MTF indicators can not backtested in a trustworthy way. The reason for it is that a backtest knows in advance what the open high low close is of a bar. This means if you run your backtest on a 15min TF by looking to some elements on a higher time frame, for example on a MTF 1H TF, then the backtester knows in advance that this 1H bar was up or down. Where in real trading this 1H bar can change 10 x times in long or short before it is closed.

 

For me if I want to put my money on a system then I need to see backtests that show me robust and trustworthy profits given to me by reliable backtests. Because even when a backtest shows nice profits then we all know that the profits in real trading will be far less then the backtests. So why would one bother with an EA that does not give any reliable backtests.

For all the same one can then go to the casino and play on black or red on the roulette table.

 

Friendly regards.... iGoR

[sidecona]

peoples, really, this isn't a thread about backtesting!

No wonder the original poster started another thread!

 

Many thanks for the pertinent information, but can we now get back to the strategy, and what would / wouldn't work? (with the understanding that backtests are not to be trusted...)

[iwjw]

  sidecona said:

peoples, really, this isn't a thread about backtesting!

No wonder the original poster started another thread!

 

Many thanks for the pertinent information, but can we now get back to the strategy, and what would / wouldn't work? (with the understanding that backtests are not to be trusted...)

 

 

 

 

The purpose of this thread is/was to find some1 who codes an EA for the indies

So what would be the first thing you do after finishing coding?

As for me I'm not going to code an EA that I can't backtest because of the MTF issue

[Guest indoshare]

does it re paint?

[soundfx]

indoshare,

 

It does appear to repaint though not in a conventional way and I'm not sure why it does this.

 

Looking at the MTF indicator using Alpari UK times here are the differences I've seen between running continuously and loading the indicators just now:

 

Continuous Running

Long at 06:05 Cross at 12:00

Short at 13:00 Cross at 18:00

 

Recently Loaded

Long at 06:00 Cross at 11:00

Short at 13:00 Cross at 16:00

 

Repainting I thought would affect the entry signal more than the duration the signal lasts, so it's a bit of a mystery to me at the mo.

[iwjw]

The indicator recalculates 1000 (=count) Bars on every tick

I had it running for a while then opened the properties, restarted and some of the arrows changed their prior positions

[sidecona]

I'm about half way through, but the arrows aren't showing me what the values from the indicator are...

I'm gonna need to look into the indis to figure out how they function...

check back in 24 hours...

[soundfx]

Guys,

 

The thing that bugs me about these indicators is that because they show different results in continuous running compared to starting afresh, that even any manual backtesting is completely worthless.

 

The continuous (real-time) plotting of the indicator I ***ume is correct, so how do we get the indicators to show the same when looking back in history?

[sidecona]

soundfx.. Is it really a problem if the original indicator signals shown make profits? i.e. what an EA "would" be working off

or are the original signals just that bad? and the refreshed ones better

 

i.e. do the originals or the refreshed signals make more profit?

[FXiGoR]

  soundfx said:

The continuous (real-time) plotting of the indicator I ***ume is correct, so how do we get the indicators to show the same when looking back in history?

 

Hi Soundfx,

 

You just can't and that is what I try to explain in my previous postings.

 

I don't want to sound rude or arrogant but I am not some sort of an fx follower since 2009 and who only made 15 postings here in this forum.

Google on my name: FXiGoR.

I trade and devellop system for nearly 16 years now.

 

Again using systems or EA's that use whatever MTF indicator is a pure waist of time. Because manual or mechanical backtesting does not show what happend in real time.

 

Friendly regards... FXiGoR