Disliked{quote} Cool! Thanks. Though not really... {image} The differences are way, way too big!Ignored
I will code your EAs and Indicators for no charge
- #82,642
- Jul 18, 3:50am (38 hr ago) Jul 18, 3:50am (38 hr ago)
- Joined Mar 2022 | Status: Trader | 6,725 Posts
{quote} You do know the lines appear after quite some time right? even if we recreate it it will still be the same, would that still be useful for what you are trying to do?
The lines appear exactly when they are needed.
If they don't appear, well, too bad.
We can't predict the move we don't see yet, we can just take advantage of a good setup which we see.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #82,643
- Jul 18, 4:32am (37 hr ago) Jul 18, 4:32am (37 hr ago)
{quote} I've been testing the original on US100 M5. The lines appear exactly when they are needed. If they don't appear, well, too bad. We can't predict the move we don't see yet, we can just take advantage of a good setup which we see. {image} {image}
- #82,644
- Edited 5:54am Jul 18, 4:46am (37 hr ago) | Edited 5:54am
- Joined Mar 2022 | Status: Trader | 6,725 Posts
{quote} I researched the sources of the indicator and got a hold of some information about how it works, then with the help of some AI I recreated it as close as I could, it should be the same if not maybe it has some negligible differences. I really do think the lines appear very late but maybe you can make something better out of it. {image} {file}
Because if you say "late" it means that you must have some other indicator which shows you the same or almost the same signals earlier. If you don't have such an early indicator, then what you call "late" is a post hoc illusion. By that I mean that you could not have known before a line appeared anyways, so if that's the case, and you say "late", that means you see that only after the fact, which means that you couldn't have traded before the signal, anyway. Hope you get what I'm saying.
These lines are very good for a DayTrading M5 strategy.
Anyways, I will need to spend some time observing how yours works live in comparison.
Looks good at first viewing:
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #82,645
- Edited 6:04pm Jul 18, 6:58am (35 hr ago) | Edited 6:04pm
- Joined Mar 2022 | Status: Trader | 6,725 Posts
{quote} I researched the sources of the indicator and got a hold of some information about how it works, then with the help of some AI I recreated it as close as I could, it should be the same if not maybe it has some negligible differences. I really do think the lines appear very late but maybe you can make something better out of it. {image} {file}
PS. Don't like it too much, it's still a load of bullshit.
AI seems to be unable to understand...
I've been sitting with this all day, today, also watching how it behaves on BTCUSD.
The version supplied by lain7123 is nice, but for me it isn't better than the original .ex4, unfortunatelly.
I will be collecting data for a week.
If anyone is interested, you can use the attached indicator:
These two need to run 24/7 on the same chart in order to get 1 weeks worth of data.
The .csv file will be in the Files folder.
The colors of the lines must be the same in both.
And also the prefix string of the lines needs to be exactly the same.
Then you can upload the .csv file to an AI and it can attempt to recreate the indicator.
VERY IMPORTANT!!!
You need to tell the AI that the original indicator creates multiple lines at the same price every 1 second, so that the AI will not interpret the data incorrectly.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #82,646
- Jul 19, 12:53am (17 hr ago) Jul 19, 12:53am (17 hr ago)
- Joined Jun 2013 | Status: enjoying life | 24,118 Posts
i spent 1 hour training the AI what i want{image}
- #82,647
- Jul 19, 1:31am (16 hr ago) Jul 19, 1:31am (16 hr ago)
- Joined Sep 2017 | Status: Trader | 2,713 Posts | Online Now
- #82,648
- Edited 4:58am Jul 19, 4:07am (13 hr ago) | Edited 4:58am
- Joined Mar 2022 | Status: Trader | 6,725 Posts
{quote} arjun i already have a better version, i do not need chart indicators now, i use the AI AS A BUTLER {image}
Did you ask the AI:
"How do you know that?"
"Is it possible that the price of GOLD will still fall and how much lower?"
"Why can't the price of GOLD fall down to around $3300 ?"
PS. What good is a butler who only knows generally what he is supposed to do, but knows absolutely nothing about the specific features of your house?
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #82,649
- Edited 4:55am Jul 19, 4:30am (13 hr ago) | Edited 4:55am
- Joined Mar 2022 | Status: Trader | 6,725 Posts
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #82,651
- Jul 19, 5:39am (12 hr ago) Jul 19, 5:39am (12 hr ago)
- Joined Mar 2022 | Status: Trader | 6,725 Posts
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #82,652
- Jul 19, 9:42am (8 hr ago) Jul 19, 9:42am (8 hr ago)
- Joined Sep 2017 | Status: Trader | 2,713 Posts | Online Now
- #82,653
- Jul 19, 9:45am (8 hr ago) Jul 19, 9:45am (8 hr ago)
- Joined Sep 2017 | Status: Trader | 2,713 Posts | Online Now
- #82,654
- Edited 11:16am Jul 19, 10:14am (7 hr ago) | Edited 11:16am
- Joined Mar 2022 | Status: Trader | 6,725 Posts
{quote} as you can see there is a buy and sell baskets of almost equal numbers of orders.blue line is a average price and green ,salmon is buy and sell breakeven line.ofcourse this hedge creates DD.how do you trade this scenerio? it is a grid pyramid.used 3 buy and 3 sell EAs to open the trades. {image}
The file which you posted produces this:
And, as GPT explained, this does nothing. So it is useless trash.
Second thing:
a) A hedge is NOT what you are doing!!!
What you are doing is called "STUPID HEDGE".
Stupid Hedging a losing position with an opposite position on the same instrument is the stupidest thing anyone could do.
This is not trading, this is not speculationg -> this is wishing for some miracle to happen!
b) The Smart Hedge is when you hedge your profits -> that's what banks do.
In order to use this type of hedge, you need to know your profit interests, which banks do know.
Banks are always in position, they never close their positions.
As long as the bank functions, they just turn their profits -> they lend out money (credit) which they actually don't have.
You can't do that, at least not legally, it's called a Pyramid Scam, or Multi Level Marketing, or Ponzi Scheme.
That's illegal in most developed countries.
c) The other Smart Hedge is when you hedge one position with another position on 2 negatively correlated instruments.
For example, you can Buy GOLD when it's cheap, because you are betting on the price of GOLD to go up sooner or later, and you can Sell some other overpriced instrument, because you are betting that the price will go down. Those 2 instruments should be negatively correlated, which means that normally when one goes up, the other goes down. This way you can also hedge in real terms, like buying realestate, or whatever stuff which has a potential of gaining in value over time.
Third thing:
To answer your questions: I do not do any of such stupid hedging!
I do not use any scripts, indicators or EAs which manage such stupid hedging.
What do I suggest?
I suggest that you stop doing this stupid thing that you are doing.
Strongly suggest!!!
It is very simple:
If you are unable to close your losing position, or accept a Stop Loss -> you are NOT FIT FOR TRADING!!!
It also means that you have no plan, you don't know where to put your Stop Loss, you don't know where your Take Profit should be, you practically don't know anything, and you also have zero trading skills.
You just heard about his hedging method, you never really uinderstood what the risks are, you thought that if you just stupid hedged, you would make profit, and you didn't pay attention to the losing side, so you experienced a number of Stop Outs, and then you accused hackers or your broker for stealing your money. But the blame was on your side, always.
And last:
A locked position equals a closed position plus unnecessary carrying costs.
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #82,655
- Jul 19, 11:35am (6 hr ago) Jul 19, 11:35am (6 hr ago)
- Joined Sep 2017 | Status: Trader | 2,713 Posts | Online Now
- #82,656
- Edited 3:24pm Jul 19, 11:47am (6 hr ago) | Edited 3:24pm
- Joined Mar 2022 | Status: Trader | 6,725 Posts
{quote} you have grown in age but very bad at mannerism,with the same strategy and robit i have made from 5 k to 80k,why do you need to judge and spill the trash from your mouth,everyone complains that you are very disrespectful to many traders,if you cant help ,shut your mouth,you idiot!
You must be the idiot, here, obviously!
You made 80K and you can't afford to pay a freelancer???
And he can't make an alert to fire once per a fixed time???
WHO IS THE IDIOT???
PS.
2K * 40 = 80K
80K * 40 = 3.2M
3.2M * 40 = 128M
128M * 40 = 5.12B
"But I gave him almost $200..."
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #82,657
- Jul 19, 11:52am (6 hr ago) Jul 19, 11:52am (6 hr ago)
- Joined Sep 2017 | Status: Trader | 2,713 Posts | Online Now
- #82,659
- Jul 19, 12:36pm (5 hr ago) Jul 19, 12:36pm (5 hr ago)
- Joined Mar 2022 | Status: Trader | 6,725 Posts
ATTN, T4Trade. {file}
.ex4/.ex5 files can't be fixed or modified / I'm not a coder!
- #82,660
- Jul 19, 1:15pm (4 hr ago) Jul 19, 1:15pm (4 hr ago)
{quote} You forgot to do OnDeinit() cleanup! {image}