Yes, absolutely. This can be very helpful as a guide-to-the-eye. Same goes for TMA-CG which draws nice smooth lines and clear channels. I merely tried to warn that this is just redrawing and might give the false impression that the indicator already ...

TMA-CG-2024

I have great news: that indicator is already part of the standard indicators in your MT4 or MT5 platform. It is called "Zigzag"! It perfectly draws lines between the lowest low and highest high. If you go long/short at these bars you will become a ...

TMA-CG-2024

I don't seem to get my point across. Not sure how to explain myself differently. I can provide you an indicator that draws red/green arrows on past data on a chart at the exact perfect time to go long and go short. The indicator will not cheat and ...

TMA-CG-2024

LOL. I believe the official term is "data snooping" or "lookahead bias" but not everybody here is a computer geek so I used "future". From the perspective of the indicator it is future data. When it is calculating the value of the MA on January 1st, ...

TMA-CG-2024

LOL. You are a brave man!!

TMA-CG-2024

Yes, of course! Whatever works for you! I once wrote an EA that I traded live with a substantial amount of money. After several months I discovered a huge bug in my code. Really flawed logic. But when I fixed the bug, the strategy was no longer ...

TMA-CG-2024

No, luckily when running the strategy tester the MT5 platform feeds the indicator tick-by-tick. It has no way to read future data. Otherwise the market place would be flooded with fake EAs that read future data. (Note that some EAs on the market ...

TMA-CG-2024

Not "future" in the sense of data that has not happened yet, but "future" in the sense that it is snooping data it should not have seen yet. In the first screenshot of my post above, you can see the indicator values represents data that is to the ...

TMA-CG-2024

Indicators calculating their value at a certain bar can read the data right from the bar they are calculating. Here is a simple proof: open a chart, drop the standard Simple Moving Average indicator on it with these settings: image You will see ...

TMA-CG-2024

Yes, that is possible. When you drop the indicator on a chart, the indicator can see *all* the bars in the chart. So when calculate the indicator value at a certain bar, it can look ahead in time to bars right from the current bar. When you leave ...

TMA-CG-2024

I saw several users mention the repainting. Apart from the arrow at the current bar that may appear and disappear, there is a bigger elephant in the room! It is important to understand what the "CG" in "TMA-CG" means: center-of-gravity; that is: ...

TMA-CG-2024

Ah, that explains. If you post the fixed version I can give it another try.

Grid/Basket Trading Expert Advisors

Ok. If I run the EA on EURUSD,M15 Dukascopy with default settings, I get the following equity curve (at 1:500 leverage, 100k starting balance): image The deep drawdowns scare me. I looked at one of them. The drawdown at 2020-06 was caused by a ...

Grid/Basket Trading Expert Advisors

Interesting! Out of curiosity I ran the EA on EURUSD,M15 with default settings, but I don't think I see that behavior. Is there a setting I need to adjust to enable this, or is this not yet implemented in the EA?

Grid/Basket Trading Expert Advisors

Yes, that is important. You need to know whether your backtest software is properly simulating trading costs, spread, slippage, latency, etc. Platforms like MT5 are good enough for most retail strategies. Only for quick HFT scalping the MT5 ...

Grid/Basket Trading Expert Advisors

No, "conventional" EAs that have only 1 position open at a time can be properly backtested. The equity curve will not be a nice straight line, but is representative for the behavior of the strategy. Assuming it is not curve fitted, you can estimate ...

Grid/Basket Trading Expert Advisors

isn’t the premise of a grid that you can’t predict the random markets and therefore just keep scaling in/averaging down until price moves in your favor? Or put differently: if you can detect when the trend changes, why not trade the trend in a ...

Grid/Basket Trading Expert Advisors

Most grids are run without a hard limit on maximum drawdown and just keep going deeper and deeper until price reverses (or the account gets a margin call). The balance curve of a grid looks fantastic, which gives a false sense of success. What I ...

Grid/Basket Trading Expert Advisors

I adjusted the amount of simulated ticks per strategy to ensure they all get the same amount of trades on average (=64 trades like that last row of previous post). I combined all 5 strategies in one program that you can run overnight for ...

Which trade setup has the highest probability

The word "probability" is a bit ambiguous here, but I assume you refer to the title of the poll: "which trade setup has the highest expected return?". To measure is to know. Below is a small program that simulates 200,000 random price charts and ...

Which trade setup has the highest probability