The indicator has a panel that provides astronomical information such as planets' geo/heliocentric cords, distance of sun/earth, magnitude, elongation, constellation, ecliptic cords, equatorial cords, and horizontal cords depending on the vertical line that generated by the indicator depend on the time value.
The indicator can draw planetary lines on the chart, and you can control their scale and basic angle. You can also control the display of each planet line from the control panel.
It can draw planetary relationships, including conjunctions, sextile, quadrature, trine, opposition, and retrograde. You can also scan a custom time range for selected relations.
It will draw squaring vertical lines as modified method by Gann to know the reversal times
The indicator can also draw the New Moon and Full Moon on the chart.
It has a Square of Nine panel that allows you to use it with your astronomy analyses.
Furthermore, it has the Time of Planetary Degree function, and you can control the angle entry.
The orbits function can draw orbits times separators on the chart related to daily or current chart as you choose from the settings.
The indicator has an account info panel with a lot calculator and alarm function.
All of these functions can be controlled from the control panel, and it can save all the sets you choose.
This indicator has overlay function .
Overall, this astronomy indicator is a powerful tool for anyone interested in astronomy and can assist in making informed trading decisions.
Note:
It Won't work on back test see the video attached and photos it will work as same as in video .
Please don't forget to add your review .
This product now in its first start and there is new updates coming we have plan to make it the only and the best one in market .
Introducing the Astronomy Indicator for MT4: Your Ultimate Celestial Trading Companion
Are you ready to elevate your trading experience to celestial heights? Look no further than our revolutionary Astronomy Indicator for MT4. This innovative tool transcends traditional trading indicators, harnessing the power of complex algorithms to provide you with unparalleled astronomical insights and precision calculations.
A Universe of Information at Your Fingertips: Gaze upon a comprehensive panel that unveils a treasure trove of astronomical data. Witness the planets' geo/heliocentric coordinates, the sun/earth distance, magnitudes, elongations, constellations, ecliptic and equatorial coordinates, and even horizontal coordinates—each meticulously calculated and beautifully presented. The vertical line generated by the indicator corresponds to the time value, granting you a cosmic perspective on your trading journey.
Planetary Lines and Relationships: Experience the magic of planetary lines as they grace your charts, with customizable scales and angles. Effortlessly toggle the visibility of each planet's line through the intuitive control panel. Discover the art of planetary relationships with indicators for conjunctions, sextiles, quadratures, trines, oppositions, and retrogrades. Explore these cosmic configurations within your chosen time range, empowering you to identify significant trading opportunities.
Unlocking Gann's Wisdom: Unveil the future with Gann-inspired squaring vertical lines that reveal potential reversal times. This innovative modification brings Gann's time-tested principles to life, helping you stay ahead of market turns and trends.
Lunar Guidance: Navigate the lunar phases with elegance as the New Moon and Full Moon adorn your charts. Lunar cycles play a vital role in trading, and our indicator ensures you never miss a beat.
The Square of Nine Advantage: Harness the Square of Nine panel to enrich your astronomical analyses. This ancient tool has been seamlessly integrated to empower you with unique perspectives on price and time relationships.
Time of Planetary Degree: Embark on a journey through the heavens with the Time of Planetary Degree function. Effortlessly adjust angles and dive into the cosmos, aligning your trading decisions with celestial wisdom.
Orbits and More: Witness the orbits function, an ingenious feature that draws orbit time separators on your chart, be it daily or current. The indicator's account info panel complements its features with a powerful lot calculator and alarm function, ensuring you're always in control.
Seize the Stars: Navigate the universe of trading with an overlay function that offers clarity and precision. Every feature is seamlessly accessible through the intuitive control panel, allowing you to save your preferred settings for a personalized trading journey.
A Bright Future Awaits: This Astronomy Indicator marks the dawn of a new era. As you embrace its potential, remember that it's merely the beginning. Updates are on the horizon, with a vision to establish it as the premier and unparalleled offering in the market.
One Note of Importance: While the indicator does not support backtesting, rest assured that its functionality has been meticulously captured in an attached video and images. Witness its dynamic capabilities in action.
Your Review Matters: As you embark on this cosmic trading journey, kindly share your experiences through reviews. Your feedback fuels our pursuit of excellence.
Embrace the stars, capture the planets, and navigate the cosmos with confidence. The Astronomy Indicator for MT4 is your guiding light in the world of trading, merging the profound with the practical in a harmonious dance of celestial precision and financial acumen.
Statistics: Posted by Ontrd — Sat Jun 01, 2024 7:41 am — Replies 0 — Views 20
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Statistics: Posted by Forexlearner — Sat Jun 01, 2024 12:34 am — Replies 0 — Views 36
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the reason being is that MTF is always delayed compared to a direct indicator with bigger period.
for instance in these pictures, I used a MTF MA of period 2 but on a daily MTF on a H1 chart
and I also added a simple MA of period 48 ((24 hours per day times period of MA = 24 x 2 = 48)
what I would do instead of using MTF features is to augment the period of the indicator by the same amount.
just multiply the period of your indicator by the number of bars inside a higher timeframe.
For example, instead of suing a MTF EMA of period 20 on a D1 Timeframe, use a MA of period 20x24 = 480
you will *always* have earlier signals than when using MTF
MTF is just removing information and making it thus making it less responsive
I don't see any advantage in using MTF
If you really need the "stepping" feature I would rahter recommend using a "step" indicator like the one below
Statistics: Posted by ionone — Thu May 30, 2024 7:10 pm — Replies 7 — Views 382
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you can copy several things successively, and then press : WIN+V and you'll have ALL the codes at your disposal
this is very powerful
you can also copy pictures that way !
so cool
Jeff
Statistics: Posted by ionone — Wed May 29, 2024 6:52 pm — Replies 0 — Views 111
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I've been working on integrating my trading strategy into an Expert Advisor (EA) for better back testing. My strategy utilizes three indicators: MACD, TMA Centered Bands, and Gann HiLo activator bars. Here's a detailed overview of the trade logic:
Trade Logic
1. MACD as the Trend Filter:
Custom Settings: Fast EMA (65), Slow EMA (75), Signal Line (35).
Bullish Trend: The signal line (35) is above the zero line.
Bearish Trend: The signal line (35) is below the zero line.
Purpose: Determines overall market sentiment (bullish or bearish) and serves as the basis for opening long or short positions.
2. TMA Centered Bands:
Upper Band Breakout:
Look for instances where the closing price of a candle crosses above the upper TMA band.
Indicates potential overbought conditions or strong bullish momentum.
Can be interpreted as a potential sell signal or a caution against further upward movement.
Lower Band Breakout:
Identify situations where the closing price of a candle crosses below the lower TMA band.
Indicates potential oversold conditions or strong bearish momentum.
Can be interpreted as a potential buy signal or a caution against further downward movement.
3. Gann HiLo Activator Bars:
Buy Signal Conditions:
The closing price of the current candle crosses above the high value calculated by the Gann HiLo indicator.
The previous candle's closing price was below the high value.
Optional additional confirmation (e.g., slope of a moving average, volume).
Sell Signal Conditions:
The closing price of the current candle crosses below the low value calculated by the Gann HiLo indicator.
The previous candle's closing price was above the low value.
Issues I'm Facing
I've managed to write some code for the trade logic execution, but I'm encountering several issues:
Trade Calculation: The calculation for the lot size based on the percentage risk is not working correctly.
Backtesting Problems: The backtests are not producing the expected results.
Platform Context: The EA is running on an offline chart that uses PointO Bars.
I've attached the code I've written so far. The code compiles correctly, but some functions are not working as intended.I would greatly appreciate any help or suggestions on how to get this EA working correctly, especially in terms of:
Correctly calculating lot sizes based on percentage risk.
Ensuring the trade logic executes as intended.
Improving the accuracy of back testing results.
Thank you in advance for your assistance!
My Ea.zipDownloaded 45 times 482.22 KiB
Statistics: Posted by brianzvc — Sun May 26, 2024 1:54 am — Replies 1 — Views 235
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Code: Select all
The original rules were clear:-Compute the rolling mean of High minus Low over the last 25 days;-Compute the IBS indicator: (Close - Low) / (High - Low);-Compute a lower band as the rolling High over the last 10 days minus 2.5 x the rolling mean of High mins Low (first bullet);-Go long whenever SPY closes under the lower band (3rd bullet), and IBS is lower than 0.3;-Close the trade whenever the SPY close is higher than yesterday's high.The logic behind this trading strategy is that the market tends to bounce back once it drops too low from its recent highs.The results shown above are from an improved strategy: better exit rule with dynamic stop losses. I created a full write-up with all its details herehttps://www.reddit.com/r/algotrading/co ... 11_sharpe/
Statistics: Posted by ionone — Wed May 22, 2024 6:51 pm — Replies 1 — Views 500
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Upon becoming profitable, traders should begin to think about the most advantageous income tax strategy to use. The written and signed statement in the above image is a redacted copy of my actual U.S. IRS Code Section 1256 Election. For income tax purposes in the U.S., forex profits and losses are lumped in with futures profits and losses in terms of tax treatment. As a default provision (where the taxpayer makes no election), IRS Code Section 988 will be applied to futures and forex profits and losses. Pursuant to Section 988, all such profits will be taxed as ordinary income and all such losses will be deductible as ordinary losses. However prior to the start of a trading/tax year, a forex and/or futures trader is allowed to opt out of Section 988 and into Section 1256.
Why did I elect into Section 1256? Because even if I had been scalping in 2022, I was entitled to a 60/40 split of profits. 60% of profits are treated as long-term capital gains, while 40% of profits are treated as short-term capital gains. In the U.S., the maximum long-term capital gains tax rate is 20%. So, that's a 20% or less tax rate applied to most of the profits and the ordinary tax rate (generally higher) applied to less of the profits. As a caveat, Section 1256 only allows a maximum of 3000 USD of total losses to be deducted.
Although the election must be made before any trade is placed within the tax year at issue, that election only need be memorialized internally. Whether a given taxpayer is a commodity pool operator or a sole proprietor (like most retail traders), it's a very good idea to draft, sign, date, and get witnessed, a formal statement. The above document can be used as a template for readily drafting such a statement. It's no coincidence that the above Election is dated December 31, 2021. Again, the Election need not be filed with any governmental agency, but the taxpayer should keep it safely stored in case of an IRS audit, etc. If the taxpayer files a tax return via software, that software will likey ask a simple question about electing out of 988 upon entering trading profits.
Essentially, a trader must estimate her/his likelihood of profitability in advance of any given trading/tax year. Obviously, this is much easier for a trader who is continuing to employ a profitable strategy from a prior year... or at least, trading a quantified and empirically tested strategy. Conversely, a trader who is not yet profitable has little incentive to opt into Section 1256. Of course, the IRS Standard Deduction must also be considered... especially by traders in lower ordinary tax brackets.
Nothing in this post may be construed to be legal nor tax advice. The author is not a licensed tax attorney nor a certified public accountant. For any and all questions and/or concerns regarding legal and/or tax advice for your specific tax situation, you must consult a licensed and/or certified tax professional in your specific jurisdiction.
(https://www.mql5.com/en/blogs/post/756757)
Statistics: Posted by JohnnyRy — Tue May 21, 2024 9:10 am — Replies 7 — Views 514
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maybe a repository of all the indicators that have been tested, where users could rate each creation.
just an idea
Jeff
Statistics: Posted by ionone — Sun May 19, 2024 9:15 pm — Replies 2 — Views 284
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I try to make the DonchianBreakoutSystem as an EA. But the EA place no trade at all
i'm pretty new to coding in mql and i do not see my errorCan you guys help ?
Thx a lot
Code: Select all
//+------------------------------------------------------------------+//| MonEA.mq4 |//| Copyright 2017, MetaQuotes Software Corp. |//| http://www.metaquotes.net/ |//+------------------------------------------------------------------+#property strictextern double LotSize = 0.1;extern int BreakEvenPips = 200;extern bool TradeLondonSession = true;extern bool TradeUSSession = true;extern bool TradeTokyoSession = false;// Heures définies pour les sessions en GMT+0#define LONDON_OPEN 8#define LONDON_CLOSE 16#define NEW_YORK_OPEN 13#define NEW_YORK_CLOSE 22#define TOKYO_OPEN 0#define TOKYO_CLOSE 9//+------------------------------------------------------------------+//| Expert initialization function |//+------------------------------------------------------------------+int OnInit(){ return(INIT_SUCCEEDED);}//+------------------------------------------------------------------+//| Expert tick function |//+------------------------------------------------------------------+void OnTick(){ if(!IsTradingAllowed()) return; double upSignal = iCustom(NULL, 0, "DonchianBreakoutSystem_v1.1.2", 5, 30, 0, 10, 0, 0, 1); double dnSignal = iCustom(NULL, 0, "DonchianBreakoutSystem_v1.1.2", 5, 30, 0, 10, 1, 0, 1); ManageOrder(OP_BUY, "Buy Order", Ask, BreakEvenPips); ManageOrder(OP_SELL, "Sell Order", Bid, BreakEvenPips);}//+------------------------------------------------------------------+//| Vérifie si le trading est autorisé selon la session |//+------------------------------------------------------------------+bool IsTradingAllowed(){ int hour = TimeHour(TimeCurrent()); if((TradeLondonSession && hour >= LONDON_OPEN && hour < LONDON_CLOSE) || (TradeUSSession && hour >= NEW_YORK_OPEN && hour < NEW_YORK_CLOSE) || (TradeTokyoSession && hour >= TOKYO_OPEN && hour < TOKYO_CLOSE)) return true; return false;}//+------------------------------------------------------------------+//| Fonction pour gérer les ordres |//+------------------------------------------------------------------+void ManageOrder(int orderType, string orderComment, double price, int pipsToBreakEven){ bool orderFound = false; for(int i = 0; i < OrdersTotal(); i++) { if(OrderSelect(i, SELECT_BY_POS) && OrderSymbol() == Symbol() && OrderMagicNumber() == 0 && OrderType() == orderType) { orderFound = true; double openPrice = OrderOpenPrice(); double currentProfit = NormalizeDouble((price - openPrice) * (orderType == OP_BUY ? 1 : -1) * Point, 2); // Vérifier si le trade doit être mis en break-even if(currentProfit >= pipsToBreakEven * Point) { double newStopLoss = orderType == OP_BUY ? openPrice + (pipsToBreakEven * Point) : openPrice - (pipsToBreakEven * Point); if(OrderModify(OrderTicket(), openPrice, newStopLoss, OrderTakeProfit(), 0, clrYellow)) Print("Break-even stop loss set for order #", OrderTicket()); else Print("Error setting break-even: ", GetLastError()); } break; // Sortir après la gestion du premier ordre trouvé } } // Si aucun ordre existant n'est modifié, placer un nouvel ordre if(!orderFound) { int ticket = OrderSend(Symbol(), orderType, LotSize, price, 2, 0, 0, orderComment, 0, 0, orderType == OP_BUY ? clrGreen : clrRed); if(ticket < 0) { Print("Order Send failed with error #", GetLastError()); } else { Print("Order successfully placed with ticket #", ticket); } }}//+------------------------------------------------------------------+Statistics: Posted by Xxcoincoin — Fri May 17, 2024 4:47 am — Replies 0 — Views 181
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Statistics: Posted by Niveo74 — Thu May 16, 2024 5:02 pm — Replies 0 — Views 225
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I got a paper i'd like to code but it's over my ability
it uses Markov Models, regression, adaptive EMA, etc
if someone is interested in coding this for me i can pay him/her a little
Jeff
Statistics: Posted by ionone — Wed May 15, 2024 7:25 pm — Replies 0 — Views 91
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This is Opita, had to log in with this account because no matter what I do I can't log in.
My un and pw didn't work, the forgot my password option does not work. There is no way to reach the moderators from outside.
I have a friend that also frequents this forum, and he can't seem to be able to log in either.
Is there some type of bug or problem going on?
Statistics: Posted by newonetheblock — Wed May 15, 2024 9:56 am — Replies 7 — Views 432
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https://edition.cnn.com/2024/05/10/busi ... index.html
Statistics: Posted by ionone — Tue May 14, 2024 6:21 pm — Replies 7 — Views 415
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I got a paper i'd like to code but it's over my ability
it uses Markov Models, regression, adaptive EMA, etc
if someone is interested in coding this for me I can share the paper for him/her
and eventually even pay him/her a little
Jeff
Statistics: Posted by ionone — Tue May 14, 2024 6:11 pm — Replies 0 — Views 149
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Statistics: Posted by WOLF — Tue May 14, 2024 5:20 am — Replies 10 — Views 698
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