If you are new to coding, reading small snippets of unrelated code is not helpful. I suggest you download and examine other peoples .mq5 files. There are many on this forum you can download. You learn by studying their code, make small ...

How to detect a Ranging Condition

Yes, I have the book. I was joking. He tries up to 5-bar momentum: image Even tries to correct for the frequency notch that this will give at a 4-bar cycle, and then states that we have reached the point of diminishing returns for this approach. ...

Experiments - while waiting for an order to get closed

For detecting sideways ranging conditions, nothing beats the simple and effective solutions suggested by redbaron1981 and Shabs19. However, you also want to detect drifting ranges. In that case, you could try the ATR. You can compare the current ATR ...

How to detect a Ranging Condition

Hahaha. Well, he is not lying. It is an efficient DC filter ;-) <Tin foil hat> But why use a 2 bar delay, and not 1 or 3? What does he know that we don't? </Tin foil hat>

Experiments - while waiting for an order to get closed

It is more than just having more intermediate prices, the values at the bars that "align" with the higher timeframe are also different! That can be problem with indicators for which many people and EAs use the same threshold (e.g. RSI 30/70 levels). ...

Confused - Stochastic Question?

Exactly! That is what I have been saying all this time. The approximation might be good enough for some to be useful for trading, but the values are not exactly the same as the actual higher timeframe indicator.

Confused - Stochastic Question?

Yes, please do compare the values in both charts. Use the "Data Window" (Ctrl-D) tool and read out the values in both charts. You will see that the values might be similar, but not identical. The calculations are different, hence the output is ...

Confused - Stochastic Question?

Thanks, that clearly shows the difference.

Confused - Stochastic Question?

Yes, absolutely. In fact, everything above H1 is sensitive to the timezone your broker is using! Crazy that my D1 bars can be different from your D1 bars!

Confused - Stochastic Question?

My example spreadsheet suggests otherwise. The values might be similar, so it could be a good approximation. What I meant is that the lower timeframe should show the value of the higher timeframe. So it takes three M5 bars to one M15 bar. Strictly ...

Confused - Stochastic Question?

Ok, man. Whatever. Since you mentioned yourself it was just basic math, I took 5 minutes of my time to create a simple spreadsheet for you to show some example numbers. Often people learn best by example. I was not trying to patronize you, only ...

Confused - Stochastic Question?

The Stoch(14 H1) is not the same as the Stoch(840 M1). The values are different. Even at the close of the H1 bar. You can check that yourself at the whole hour having an M1 chart and H1 chart open side by side. Try it! Also here: the EMA(100 H1) is ...

Confused - Stochastic Question?

The way I understood the question from OP ("that reflect the [...] higher timeframes"), is that OP wants to see the values of the higher timeframe indicator on a lower timeframe chart. The only way to achieve that for a Stoch indicator is to use an ...

Confused - Stochastic Question?

Oh boy... it's war zone out here. Can we please stop going back and forth correcting each others' posts? As for the original question: there is no direct way to represent the stoch of a higher timeframe using the lower timeframe with scaled ...

Confused - Stochastic Question?

Thank you. Interesting indicator, but the tops and bottoms do not match with the price action: image My joke about the ideal zigzag indicator seems to have triggered quite some response. Obviously the indicator in post #646 is not a zigzag, but it ...

Experiments - while waiting for an order to get closed

In that case: congratulations to both you and mntiwana. You must be millionairs by now! Once you invent a non-repainting zigzag indicator you are done and can retire ;-)

Experiments - while waiting for an order to get closed

Yes, I was worried about that too. I am using a walk forward approach and update my model after each H1 bar (inspired by this excellent thread of @algoTraderJo). I have seen that the significance of the provided inputs remains relatively stable. ...

Neural network trading

Not a fan of neural nets. They are very expensive to train (I already see GPUs mentioned in this thread), very picky how you feed it data (must be normalized, no redundant inputs, etc.) and impossible to understand afterwards (just a huge bunch of ...

Neural network trading

Impressive results! I hope you are running this on a live account. Good pips for you. I must admit I have my reservations about averaging down strategies, but your results certainly look encouraging. You seem to have found settings that work with a ...

DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)

Could be several reasons: MinScaleInPips determines how much the price must move before another scale in is done. Perhaps you selected a very large value? MaxOpenTrades, MaxOpenBuyTrades and MaxOpenSellTrades determine how many trades are allowed. ...

DOSI: Daily Open Strategy Improved