Pip Accumulator

[soundfx]

@soundfx: hi soundfx, where u been ? we all are loking 4 u

 

Hi Psaini - lots of things to do at the moment, though great to see your trading is storming along :)

[rivergreen]

Hi rivergreen,

 

The multiupload link works for me. It seems as though you're being blocked from fileshares.

 

Try this one:

 

http://www.4shared.com/file/sl6SAmj6/SoundfxPipacuumulator.html

 

edit - oops, I think that's the one you could download. Here's Vikram's template:

 

http://www.4shared.com/file/riQ2YRlW/vikram.html

 

You are a star! Thanks a lot for helping me solve the problem. May many green pips go to you!

[psaini1973]

psaini

Where did you get the news Forexfactory did not mention it

I got hit

 

 

Hi Vikram. i also use FF for the news, as i trade after the news, yesterday EU monthly bulletin was to be announced. exactly as it was announced EU started to come down heavily so my initial thot was that its bcos of the monthly bulletin report...

[vikram88]

Hi Psaini

Thanks Forexfactory rated the news as medium risk Do you also avoid trading when the risk rating is medium

[vikram88]

Hey Soundfx

Have modified the indicator substituting WPR instead of RSI

http://www.megaupload.com/?d=CAE3Q7IS

 

I have no knowledge of programming Have I done it correctly

[murtamad]

rivergreen, soundfx have already posted vikram's files for you on 4shared. Edited October 14, 2011 by murtamad

[rivergreen]

rivergreen, soundfx have already posted vikram's files for you on 4shared.

Yes, I have d/l the files.Testing it out now:).

[psaini1973]

Hi Psaini

Thanks Forexfactory rated the news as medium risk Do you also avoid trading when the risk rating is medium

 

Hi Vikram... i try to avoid any type of news, few months back i have paid a heavy price even of the low risk news..

Edited October 14, 2011 by psaini1973

[hermes]

Although I don't pay attention to low impact news I pay attention to high and medium impact news. But to pay respect to high impact news is a must on charts 4H and lower. I wouldn't open a fresh trade even on Daily chart if high impact news! The same is valid for hard working robots (MegaDroids).

Cheers Hermes

[soundfx]

Hey Soundfx

Have modified the indicator substituting WPR instead of RSI

http://www.megaupload.com/?d=CAE3Q7IS

 

I have no knowledge of programming Have I done it correctly

 

 

Hi Vikram,

 

The code looks ok though it's working in a different way to the original RSI.

 

RSI was contrarian in its signals:

 

RSI < 35 then we signal Long (indicator seen as "oversold")

RSI > 65 then we signal Short (indicator seen as "overbought")

 

You have WPR as:

 

WPR > -80 signal Long

WPR < -20 signal Short

 

WPR oversold is normally -80 to -100

WPR overbought is normally -20 to 0

 

Note that RSI normal levels are 30/70 and Pipa uses 35/65. On that basis, to replicate the RSI signal closely, but use WPR instead your code should read something like:

 

WPR < -75 signal Short

WPR > -25 signal Long

 

Because WPR is on a -ve scale only, you need to ensure that your greater than or less than symbols are correct (-22 is > -25 for example)

[jtv]

Here's a nice indicator which shows the Forexfactory news on your chart, hope it helps.

 

J

 

http://www.2shared.com/file/Y47J0VY8/NewsFilter.html

[hermes]

jvt are standart or standard member? No big difference,anyway.

Hermes

[vikram88]

Hey Soundfx

Thanks for your clear explanation I have modified the indicator but i would like you to confirm that I have done it correctly and also to share with others

 

http://www.megaupload.com/?d=8ZQXURMX

 

Secondly after your explanation I have some thoughts on the logic

 

If the RSI is 70 and going the south the logic of the indicator would classify it as a buy wherein infact it is a sell

The same would apply for the stochastic

 

One solution would be to use a short EMA on the oscillator and determine direction signal if oscillator is above or below EMA For stochastics %k And %D cross could be used

 

Another simple solution would be to reduce the % weightage of these 2 oscillators

 

Would like your expert comments

 

Thanks

[hermes]

RSI should be at least set on 80/20 but Stoch can stay for long period of time over/under 80/20 if strong trending market. I don't use Stoch at all. I use RSI 90/10 and if it accumulates and build pressure for a few days (3) under or over 90/10 it is a clear signal to act.

Hermes

[fx4_ever]

Indicator name: Hamyar_v2

 

Multi tools in one indicator. It shows News, Fib, Daily Hi/Low, etc.. Just enabled/disabled as you wish to see it on your chart. I found it to be very useful on any manual trading.

 

http://codebase.mql4.com/7817

 

http://codebase.mql4.com/c/codebase/2011/09/HamyarV2.png

[vikram88]

my trade today

 

http://i51.tinypic.com/2wfmr8n.gif

Edited October 17, 2011 by vikram88

[mangiare]

Hi, in these weeks I tried to play with moving averages, and I'm testing on 15min EU settings which I think could eliminate some noise regarding the plotting of the arrows. These are some screenshots to better see how the system done.

 

http://i52.tinypic.com/2q9gw9t.png

 

http://i52.tinypic.com/2q9gw9t.png

 

http://i51.tinypic.com/rac75x.png

 

http://i51.tinypic.com/rac75x.png

 

Using MACD as the following parameters: 20 fast_ema, slow_ema 100, macd_sma 18. Basically using the slow average with 100 periods the intersection with the others turns out to be cleaner. I have tested with the Il_PIPEA onlyarrow entry setting with fixed SL 50 pips, fixed TP to 100 PIP and 30 pip trailingstop. The results in about 15 days were good and often trades hit the TP. Let me know what you think about it and I hope will be a good start point to improve the arrows plotting.

 

mangiare.

[fx4_ever]

Hi, in these weeks I tried to play with moving averages, and I'm testing on 15min EU settings which I think could eliminate some noise regarding the plotting of the arrows. These are some screenshots to better see how the system done.

 

Using MACD as the following parameters: 20 fast_ema, slow_ema 100, macd_sma 18. Basically using the slow average with 100 periods the intersection with the others turns out to be cleaner. I have tested with the Il_PIPEA onlyarrow entry setting with fixed SL 50 pips, fixed TP to 100 PIP and 30 pip trailingstop. The results in about 15 days were good and often trades hit the TP. Let me know what you think about it and I hope will be a good start point to improve the arrows plotting.

 

mangiare.

 

Hi:

How did you get EA to take trade only on arrows?

Could you post your set file for the EA? If you've modified to take the trade on arrows only, can you post modified EA?

I've getting very good results on most of the trades, but when it take trades at the peaks and valley, it ended up with too high DD. If taking trade only once on arrows only, it could be better.

[mangiare]

Hi fx4_ever, I use soundfx's II_PIPA_EA-1.0.1 that have possibility to take trades on arrow only. Look for works hours range it's set for GMT broker. I'm testing a method only to improve plotting arrows for manual trading, much better EA version is the last one coded (2.01a i suppose) by soundfx.

I'm doing this because the system uses the arrows to calculate the probability (which are drawn only with MACD values​​). Being that the total percentage (MP) is given for 25% of the MACD, if we can eliminate background noise (visually useless arrows) could have two positive consequences: the first is due to the decrease of arrows and then a better wake-up call, the second is a "cleaner" MasterProb from interference. So the first step would be to improve the quality of the arrows (so MACD par.) and then insert those values (not exactly the same but are related those two values) ​​in the calculation of the MP and see how the system behaves. If it work good we can ask to insert this for new PIP_EA vers.

 

just my two cents,

 

mangiare.

 

P.S. Here link to ea and preset file hxxp://www.4shared.com/file/_ldKBuD6/II_PIPA_EA-1_01.html

Edited October 18, 2011 by mangiare

[fx4_ever]

Hi fx4_ever, I use soundfx's II_PIPA_EA-1.0.1 that have possibility to take trades on arrow only. Look for works hours range it's set for GMT broker. I'm testing a method only to improve plotting arrows for manual trading, much better EA version is the last one coded (2.01a i suppose) by soundfx.

I'm doing this because the system uses the arrows to calculate the probability (which are drawn only with MACD values​​). Being that the total percentage (MP) is given for 25% of the MACD, if we can eliminate background noise (visually useless arrows) could have two positive consequences: the first is due to the decrease of arrows and then a better wake-up call, the second is a "cleaner" MasterProb from interference. So the first step would be to improve the quality of the arrows (so MACD par.) and then insert those values (not exactly the same but are related those two values) ​​in the calculation of the MP and see how the system behaves. If it work good we can ask to insert this for new PIP_EA vers.

 

just my two cents,

 

mangiare.

 

P.S. Here link to ea and preset file hxxp://www.4shared.com/file/_ldKBuD6/II_PIPA_EA-1_01.html

 

Thanks for the set file. I will try it. When I read the thread, some say v1.0.1 is better than v2.01a. I am not sure since I haven't test both version myself. But, I am running v2.01a without the SL. This is only to see what need to be changed (modified). Only for my use only, not for the sake of accumulating the pips. As you can see, highest DD came from the last placement of the trade.

 

I think this system (manual or EA) has tremendus protential to make good profit, but with EA and manual system both, it needs modification (more filters). I want to develop more on EA side since UK session isn't ideal hours for me to trade. Again, thanks for the set file and I will try it with your set file.

http://www.myfxbook.com/members/fx4_ever

[mangiare]

Hi guys, here it is the pics about today difference between preset average and custom average.

 

http://i56.tinypic.com/1rqnet.png

 

http://i56.tinypic.com/1rqnet.png

 

EDIT: Here it is the update for pics posted before

 

http://i52.tinypic.com/359gwe8.png

 

http://i52.tinypic.com/359gwe8.png

Edited October 19, 2011 by mangiare

[acostafulano]

Hi SoundFX, I have a question about the PIPA EA:

 

Do you please mind explaining briefly the difference between the inputs for entry determination:

ProbEntry

ALLTFEntry

ProbSTEntry

AllTFSTEntry??

 

I tried looking for an explanation in the user manual, along the thread and in the original PIPACCUM thread but couldn't find an answer. I'm trying to test and tweak extensively but I please need clarification!

 

Thanks! :D

 

Diego

[chromeie]

Hi guys, here it is the pics about today difference between preset average and custom average.

 

http://i56.tinypic.com/1rqnet.png

 

http://i56.tinypic.com/1rqnet.png

 

 

is this pip accumulator same with this pip acculmulator EA?

http://indo-investasi.com/showthread.php/14692-Pip-Accumulator-EA

 

EDIT: Here it is the update for pics posted before

 

http://i52.tinypic.com/359gwe8.png

 

http://i52.tinypic.com/359gwe8.png

 

Why my chart dont have the arrow ?

[mangiare]

Hi Diego,

ProbEntry EA go short when MasterProb (MP) is -20 or less go long when MP is +20 or above.

ALLTFEntry is the same as above but MP is calculated on all TF (if your chart set to 5 min then all tf start from 1m to 30min, on 15 min chart All TF start from M1 to H4).

ProbSTEntry, use single MP for entry (-20/+20) and this signal will be filter with SuperTrend indicator. Example: MP -20, STindi is red and price cross under the line and close below so EA open a short, exactly the opposite for long positions.

AllTFSTEntry, is the same as above but MP is calculated on all TF.

 

I hope this will help you, please for posts about PIPA EA ask in the right forum thread.

 

Ciao, mangiare ;)

[mangiare]

chromeie, i'm testing some different values to clean background's noise about plotting arrows. If you want to test my parameters please read post #867.