1 (edited by Popov 2017-12-30 20:41:21)

Topic: How to create such a strategy?

How to create such a strategy? https://www.mql5.com/en/market/product/7205 Help me please.

EDIT:

Superman ZigZag Indicator
Superman ZigZag Indicator is based on ZigZag Indicator and it determines the range (Previous High and Previous Low).

- If price is over the High point or lower the Low Point: Market is Breakout.
- If price is under the High Point and above the Low Point: Market is Sideway


https://c.mql5.com/31/44/zigzag-superman-indicator-screen-1823.jpg

Re: How to create such a strategy?

When you ask questions, please post the info instead of a link only.

ZigZag indicator is dangerous. It's standard implementation repaints the past signals, which may lead to a false backtest. This indicator was removed from FSB 6-7 years ago.

Re: How to create such a strategy?

Hi,
I don't fully understand these white arrows. Why they are both short and long ways in swing h/l areas? Does it depends how last two highs or lows is ordered, and only then deciding to buy or sell?

If you want to enter for a break out of swing highs or lows, you can use Ross Hook indicator. To manipulate sensitivity(period) you can set it to use "Longer time frame".

https://image.prntscr.com/image/0oClA9hGSmyG9nNKJ9Z-Vw.png

Also you can use the same indicator for reversal too. You just can't use both condition in the same strategy.
You can try to find filters with FSB for these different market regimes - "Market is Breakout" or "Market is Sideways".
However if you want to have it in the same strategy with no other filters, probably you need custom indicator, which you can order in paid coding service in the forum.
Hope it helps,
Happy new year

4 (edited by Irmantas 2017-12-30 21:42:41)

Re: How to create such a strategy?

Not so bad for few minutes work smile to go for a break of these recent highs/lows. However JPY pairs was trending for a long time. If market changes to more rangy type, this strategy would fail, like it does with other currencies than JPY. So I guess some filtering is a must. Actually I liked this idea to try to differentiate between trending and ranging condition by looking how two last highs or lows was placed. If market makes higher highs, you have trend and opposite is true.

https://image.prntscr.com/image/vVw6OXxbTP6tiWsJPccTyA.png

Post's attachments

break out UJ d1.xml 9.62 kb, 2 downloads since 2017-12-30 

You don't have the permssions to download the attachments of this post.

Re: How to create such a strategy?

Demo account. Zigzag. https://www.mql5.com/en/signals/130958

Re: How to create such a strategy?

Irmantas wrote:

Not so bad for few minutes work smile to go for a break of these recent highs/lows. However JPY pairs was trending for a long time. If market changes to more rangy type, this strategy would fail, like it does with other currencies than JPY. So I guess some filtering is a must. Actually I liked this idea to try to differentiate between trending and ranging condition by looking how two last highs or lows was placed. If market makes higher highs, you have trend and opposite is true.

https://image.prntscr.com/image/vVw6OXxbTP6tiWsJPccTyA.png

How did you create the strategy?

Re: How to create such a strategy?

wewewe888 wrote:

How did you create the strategy?

Strategy was attached in the last post.

But I can do one more time with a picture smile Used USDJPY daily data.

https://image.prntscr.com/image/LmIwPjy0QbWuzQWv5U2t7g.png

Re: How to create such a strategy?

Thank you

Re: How to create such a strategy?

This is my result.
http://i.piccy.info/i9/4b1e9b99fb8bab7cf7c134cfb15c47d7/1514995784/51387/1209891/2018_01_03_180516_800.jpghttp://i.piccy.info/a3/2018-01-03-16-09/i9-11930189/800x314-r/i.gif
http://i.piccy.info/i9/33babf9d915bc61a9f142926c0876cb7/1514995835/34617/1209891/2018_01_03_180549_800.jpghttp://i.piccy.info/a3/2018-01-03-16-10/i9-11930196/800x288-r/i.gif
http://i.piccy.info/i9/4777ad333d52728801e6392d5b8f94ca/1514995860/27736/1209891/2018_01_03_180634_800.jpghttp://i.piccy.info/a3/2018-01-03-16-11/i9-11930199/800x110-r/i.gif

10 (edited by wewewe888 2018-01-08 02:21:16)

Re: How to create such a strategy?

Sorry, I could not create the strategy.
This is the right strategy.
http://i.piccy.info/i9/963c10a0f5bf9bfdc999fa65fd22cbff/1515371222/51756/1209891/2018_01_08_022001_800.jpghttp://i.piccy.info/a3/2018-01-08-00-27/i9-11941993/800x195-r/i.gif
This is my strategy.
http://i.piccy.info/i9/370afc941ef8cbc02a2609e0784086a4/1515371377/43116/1209891/2018_01_08_022534_800.jpghttp://i.piccy.info/a3/2018-01-08-00-29/i9-11941995/800x186-r/i.gif

Post's attachments

usdjpy-h1.xml 9.89 kb, 1 downloads since 2018-01-08 

You don't have the permssions to download the attachments of this post.

Re: How to create such a strategy?

I painted it.
http://i.piccy.info/i9/0adfad480cd025d697426ffc9b4446c4/1515377321/55160/1209891/zygzag.jpghttp://i.piccy.info/a3/2018-01-08-02-08/i9-11942023/800x400-r/i.gif

Re: How to create such a strategy?

Wewe, is there a special reason to want exactly that strategy?

In most of the case focusing on a single pattern and trying to make it profitable is a waste of time. I suggest you to run the Generator and it may create you several good strategies for the market you want.

Re: How to create such a strategy?

Popov wrote:

Wewe, is there a special reason to want exactly that strategy?

In most of the case focusing on a single pattern and trying to make it profitable is a waste of time. I suggest you to run the Generator and it may create you several good strategies for the market you want.

The reason is profit 7525.42% https://www.mql5.com/en/signals/130958

14 (edited by hannahis 2018-01-09 08:46:21)

Re: How to create such a strategy?

wewewe888 wrote:
Popov wrote:

Wewe, is there a special reason to want exactly that strategy?

In most of the case focusing on a single pattern and trying to make it profitable is a waste of time. I suggest you to run the Generator and it may create you several good strategies for the market you want.

The reason is profit 7525.42% https://www.mql5.com/en/signals/130958


Yes, that's sounds like a very valid reason and a big motivational force, who would want to give such a profit 7525.42% a missed.  I fully understand

Hannah

Re: How to create such a strategy?

Yes, it is an excellent result. However it is much simpler to subscribe to the signals instead to try to reverse engineer the trading rules.
 
The most experienced users of the forum must know a strategy that we post 10 years ago, which still works even today. It is amazing that this is one of the most simple possible strategies. I found it on the first days I experimented with the Generator prototype.

Here is a very extreme, however 100% correct result. (profit 13 221%)

https://s9.postimg.org/tzclgz4lr/screenshot_98.png

Re: How to create such a strategy?

Nice Popov, though I haven't tried this strategy.


Can you post the link to view the updated results and the download of the EA somewhere in another post for new comers to view

And you can use it as your marketing and promotional tools to let them know that when they buy your software, they inevitable "inherted" such good EA and be impressed by FSB's capabilities.

Hannah

Re: How to create such a strategy?

This is my result
http://i.piccy.info/i9/c2d376f7e6374b57cf267629e09e7b84/1515517240/47986/1209891/2018_01_09_185900_800.jpghttp://i.piccy.info/a3/2018-01-09-17-00/i9-11946746/800x300-r/i.gif

Re: How to create such a strategy?

Popov wrote:

Yes, it is an excellent result. However it is much simpler to subscribe to the signals instead to try to reverse engineer the trading rules.

I can not subscribe to the signal. This is a demo account.

Re: How to create such a strategy?

Instead of getting too fancy developing strategies, why not work with what is available in the software today.

Believe me, there is no reason to look to add things, we have a lot of tools that can generate some nice results.

By keeping it simple, we can use this software to make a nice return, trying to add complex stuff will be a waste of time and end up with frustration.


https://s18.postimg.org/8ymm0l39h/Dave_M-0237.jpg

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

20 (edited by hannahis 2018-01-12 17:55:25)

Re: How to create such a strategy?

I totally agree.  FSB's optimisation tool has improved tremendously and as long as you have a simple workable trading theory, you can input it in FSB and allow the optmization tool to improve your work further and bring you really good results.

Attached is the results of some of my optimized Strategies.
https://s13.postimg.org/mh9656803/opt_results.png

Here's another portfolio, all optimized Strategies (a collaborative effort with another FSB member, though it's still early but the results look promising for the start).  So from this collaborative team work, I realized that FSB's optmization tool really has made our job in building profitable EA much easier. 
https://s13.postimg.org/agnq4a0jn/opt_portfolio.png

Thus now I can fully agree with Dave (BlaiserBoy), keep it simple.  Let FSB do it's job.

Hannah