Re: XARD - Simple Trend Following Trading System

#1012
francisfinley stimpy wrote:
Fri Jan 03, 2020 10:52 pm

Every single thread on every trading forum descends into this post - without fail.

You cannot replicate in MT4 what you do as a discretionary 'trader'.
Xard told me not to bother trying to automate his system many years ago. He was right.

Automated/Algorithmic trading is a completely different world to MT4 retail day chart trading. Your chance of automating anything profitably with MT4 is close to zero - the best MT4 coders have tried and failed. Ignore the martingale twerps.

1. This system is discretionary (subjective).
2. This system is 95% repainting.

You can pay who you like, they will never ever be able to turn this into an automated replication of what Xard is doing on a daily basis within MT4.
Anyone worth their salt within the forex arena should be telling you the same.

Trade it manually, objectively, with hard and fast rules such as;

SELL
1. semafor red
2. tma cg above black
3. red candle
4. red trend ma
5. red signal ma
6. red background cci
7. red adx

8. fixed SL - unless you have adaptive calc and post it
9 fixed TP - unless you have adaptive calc and post it

10. hook up Myfxbook/fxblue/fundseeder
11. post results after 3 weeks, 3 months, 6 months.

then you will know whether you can codify it. You will soon run into which timeframe, which bar, what price should entry be taken then run into the same for exits, how much drawdown you are running into in chop/range - on mt4 it is an endless list of problems to solve.

I have posted before about objective results and lovely painted pictures of 'systems' - they mean nothing until you objectively test them.

Why do people think automating something they have not tested objectively with success means it will solve their problems?
You don't automate bad business processes, why would it work in 'trading'?

FYI - it would take me less than a morning to code this up and post it to an myfxbook to show you the result. I already know the answer - 'anyone can make money in a trend'.
Good afternoon...
I myself have never written anything in MQL, but in general, programming is not alien to me. A complete trading system is always a clear algorithm in which there is no room for discrepancies. If there is a clear algorithm, then it can be automated. Is it logical? You have clearly formulated the conditions for opening a sale position ..

Sell
1. semafor red
2.tma cg above black
3. red candle
4. red trend ma
5. red signal ma
6. red background cci
7. red adx

I can’t understand why the working indicators cannot be made a parts of the adviser by providing it with an output buffer. For example ... a red candle - 0 is written into the buffer, a blue candle - in buffer 1, a red background - in buffer 0, a blue background - in buffer 1, a gray background - does not change the current state of the buffer. And this logic applies to every indicator. Further, upon closing each candlestick, a logical AND operation is performed on the buffers of all indicators analyzed by the adviser. If all buffers have a state of 0, then a sell position is opened, if all in 1 - open buy position. In other cases, nothing is done. Or do you want to say that such logic cannot be programmed by means of MQL?
Further, I understand very well that the indicators included in the system are repaints. But this problem may be solved too in my opinion. You can simply give the adviser the logic of maintaining an open position. Here is the most primitive version of such logic ... after the position is open, after closing the next three candles, the output buffers of all indicators are checked, and if at least one indicator has changed its value, then there is a repainting, and the position that has just been opened immediately closes. In other words, only those positions remain in the market in which the indicators did not change their state during the next three candles. Other more elegant approaches and solutions are possible. It already depends on the professionalism of the programmer.
In conclusion, I will say that it is possible to automate any, even the most complex algorithm through any, even the weakest programming language. It all depends of the professional level of the coder. And this is not a theorem, it is an axiom.

Re: XARD - Simple Trend Following Trading System

#1014
jcorp01 wrote:
Sun Jan 05, 2020 10:58 am
DRAXILL wrote:
Sat Oct 05, 2019 10:45 am
So here is my Powerdash that had been custom fitted for my personal trading style.

It was fitted like an expensive custom fine fitted suit by non-other than Xard himself.

I normally don't share the source code but since Xard has asked me to I will do it here.

You guys can go into the source code and custom it to your specifications since your trading style is different than mine.

I only ask if you come up with anything good then share it here.

DRAXILL


How can I shrink the powerdash? I have all the pairs listed but it cuts off at NZDJPY... I've tried all the settings but nothing is making it smaller? Or is this an issue with my screen size?
Wow dude I need that big dashboard. Mine is pretty cramp together and it's small. And I have no idea how to make the box bigger lol

Re: XARD - Simple Trend Following Trading System

#1015
jcorp01 wrote:
Sun Jan 05, 2020 10:58 am
DRAXILL wrote:
Sat Oct 05, 2019 10:45 am
So here is my Powerdash that had been custom fitted for my personal trading style.

It was fitted like an expensive custom fine fitted suit by non-other than Xard himself.

I normally don't share the source code but since Xard has asked me to I will do it here.

You guys can go into the source code and custom it to your specifications since your trading style is different than mine.

I only ask if you come up with anything good then share it here.

DRAXILL


How can I shrink the powerdash? I have all the pairs listed but it cuts off at NZDJPY... I've tried all the settings but nothing is making it smaller? Or is this an issue with my screen size?
That's made a smaller version!
!!!-MT4 X-ISH PWRDASH-01.ex4
(115.57 KiB) Downloaded 318 times


Re: XARD - Simple Trend Following Trading System

#1017
ImpLaNT wrote:
Sun Jan 05, 2020 1:17 pm
francisfinley stimpy wrote:
Fri Jan 03, 2020 10:52 pm

Every single thread on every trading forum descends into this post - without fail.

You cannot replicate in MT4 what you do as a discretionary 'trader'.
Xard told me not to bother trying to automate his system many years ago. He was right.

Automated/Algorithmic trading is a completely different world to MT4 retail day chart trading. Your chance of automating anything profitably with MT4 is close to zero - the best MT4 coders have tried and failed. Ignore the martingale twerps.

1. This system is discretionary (subjective).
2. This system is 95% repainting.

You can pay who you like, they will never ever be able to turn this into an automated replication of what Xard is doing on a daily basis within MT4.
Anyone worth their salt within the forex arena should be telling you the same.

Trade it manually, objectively, with hard and fast rules such as;

SELL
1. semafor red
2. tma cg above black
3. red candle
4. red trend ma
5. red signal ma
6. red background cci
7. red adx

8. fixed SL - unless you have adaptive calc and post it
9 fixed TP - unless you have adaptive calc and post it

10. hook up Myfxbook/fxblue/fundseeder
11. post results after 3 weeks, 3 months, 6 months.

then you will know whether you can codify it. You will soon run into which timeframe, which bar, what price should entry be taken then run into the same for exits, how much drawdown you are running into in chop/range - on mt4 it is an endless list of problems to solve.

I have posted before about objective results and lovely painted pictures of 'systems' - they mean nothing until you objectively test them.

Why do people think automating something they have not tested objectively with success means it will solve their problems?
You don't automate bad business processes, why would it work in 'trading'?

FYI - it would take me less than a morning to code this up and post it to an myfxbook to show you the result. I already know the answer - 'anyone can make money in a trend'.
Good afternoon...
I myself have never written anything in MQL, but in general, programming is not alien to me. A complete trading system is always a clear algorithm in which there is no room for discrepancies. If there is a clear algorithm, then it can be automated. Is it logical? You have clearly formulated the conditions for opening a sale position ..

Sell
1. semafor red
2.tma cg above black
3. red candle
4. red trend ma
5. red signal ma
6. red background cci
7. red adx

I can’t understand why the working indicators cannot be made a parts of the adviser by providing it with an output buffer. For example ... a red candle - 0 is written into the buffer, a blue candle - in buffer 1, a red background - in buffer 0, a blue background - in buffer 1, a gray background - does not change the current state of the buffer. And this logic applies to every indicator. Further, upon closing each candlestick, a logical AND operation is performed on the buffers of all indicators analyzed by the adviser. If all buffers have a state of 0, then a sell position is opened, if all in 1 - open buy position. In other cases, nothing is done. Or do you want to say that such logic cannot be programmed by means of MQL?

Further, I understand very well that the indicators included in the system are repaints. But this problem may be solved too in my opinion. You can simply give the adviser the logic of maintaining an open position. Here is the most primitive version of such logic ... after the position is open, after closing the next three candles, the output buffers of all indicators are checked, and if at least one indicator has changed its value, then there is a repainting, and the position that has just been opened immediately closes. In other words, only those positions remain in the market in which the indicators did not change their state during the next three candles. Other more elegant approaches and solutions are possible. It already depends on the professionalism of the programmer.

In conclusion, I will say that it is possible to automate any, even the most complex algorithm through any, even the weakest programming language. It all depends of the professional level of the coder. And this is not a theorem, it is an axiom.
Ok lets not derail the thread but I guess its helpful for others to read and learn - Xard's system ends up on most of the other forums around the world in multiple different languages.

I am not talking about the programming aspect - you are correct that you simply take the buffer if available and line them up. Where not available you just use the indicator within the EA. As I said, its less than a mornings work.

Some (massive) issues you are going to face;
-Range/chop - if you square the circle, it will always break. The market will ALWAYS break something you think has 'nailed it'. This is the biggest problem you will face in automating - any clown can make money in trends.
-Volatility/liquidity - Similar to above this will make or break you, just from 10pm UK and thin liquidity to batshit times of volatility you cannot statically forsee this in MT4 with the above. Random spikes for no reason are happening more and more.
-News - this wasn't so much a problem before but now the algos are going fucking nuts 24/7 - check out when selerity put out the wrong news via their tweet stuff and I think it was AUD shat itself 40 pips.
-Economic events - you have to calendar all that crap in. Doable, but I have seen minor events wreck stuff.
-Hedging/Recovery - another massive topic.
-Stop Loss/Take Profit - The biggest topic of them all.

Your 'solution' for repainting is just the same as reading the buffers and them all complying. The repainting point is more about backtesting and visuals. A repainting system looks great, hell, everything looks great in MT4 until you actually come to objectively test it. It all unravels very quickly and you realise you have nothing at all in terms of automation. You will soon realise how very limiting MT4 is.

Then there is the issue of valid backtesting - MT4 is already utterly rubbish for this, let alone trying to solution repainting indicators, let alone valid data - note every MT4 brokers data is different.

In terms of professionalism you have to look at the guys who have been around for years and contemplate why they can't get anything automated to pay for their lambo's/yachts/mansions which they still haven't got.... check out Hanover (on Forexfactory.com) & Steve Hopwood (Stevehopwoodforex.com) - they are perfectly competent MT4 programmers but they have stated they have never been able to get anything 'going'. You should digest that, they are way more competent MT4 programmers than I shall ever be, they are not mladen level, but they know enough.
Therefore, its not about the level of professionalism with respect to MT4.

So is it then down to the system/method you use? Yes and no.

As I mentioned above - retail, MT4, Day Trading is a completely and utterly different world to the system/algorithmic trading world employed by the big boys succeeding at it - they won't be using MT4.

What about all the social trading sites and signal copy services that are all 200% profitable per month you ask? They aren't.... I have tested those too. Its all nonsense, mostly scams, underneath they are just martingales.

*There is always one in a forum/thread that will say Jimmy Mcwherters EA does 500% a year....
If you have never seen their withdrawal statement into their bank from their broker then you can guarantee they are lying.
MT4 can be gamed - see here, metaquotes had this removed from youtube https://d.tube/#!/v/mt4-gets69d/QmdLEC5 ... F7iFFHhf7K

99.999% of people 'trading forex' lose, not the 77% touted by your broker. Its bascially a giant Casino teetering on Scam.

You 'can' make money in forex if you have outstanding discipline along with emotional intelligence, if you have these you can make money trading.
If you don't its highly unlikely you will ever make money trading manually - even if your system has a 100% win rate because you won't have the discipline and emotional intelligence to employ risk and money management along with sound trade execution and trade management.
Note most professional traders only win 40-60% trades, most professional traders only return 5-7% a year.
The cards are so stacked against you its pretty silly.

People have wild get rich quick dreams and try to automate what they do manually and soon realise quickly they cannot, it is a completely different journey to embark on.
So choose, are you going to be a manual trader or a system/automated/algorithmic/quant trader?

I have never been able to replicate what I can do manually, via MT4 automated EA. Why? Because what you do manually is discretionary - closer to gambling than systematic objective process driven 'trading'.

So in conclusion, of course the above can be automated - will it return you a positive return? - I can already tell you it won't, I don't even need to backtest it or forward walk it, I know what each of these indicators are and what they are underneath and the limitations of MT4.
You can take the basic system above but it would take you months to years of mucking about before you realise that MT4 is not the way to go.

All you have is price and time within MT4 (digest that point), if it was that easy, there would literally be thousands of programmers making hundreds of thousands a year. There are literally none.

People that have, have had to refactor libraries and pretty much take everything out of MT4 and just use it as the pass through to the broker.

And to finish - those that automate STILL sit in front of their system watching their automated system to check its actually doing what it needs to be doing. Those of you with those wild dreams of making an MT4 EA so you can sit on the beach or drive your speedboat are dreaming - it will never ever happen.

This is just some late night ramblings from me, probably all bollocks when I read it back tomorrow but hopefully it helps.

Re: XARD - Simple Trend Following Trading System

#1019
francisfinley stimpy wrote:
Mon Jan 06, 2020 11:20 am
ImpLaNT wrote:
Sun Jan 05, 2020 1:17 pm


Good afternoon...
I myself have never written anything in MQL, but in general, programming is not alien to me. A complete trading system is always a clear algorithm in which there is no room for discrepancies. If there is a clear algorithm, then it can be automated. Is it logical? You have clearly formulated the conditions for opening a sale position ..

Sell
1. semafor red
2.tma cg above black
3. red candle
4. red trend ma
5. red signal ma
6. red background cci
7. red adx

I can’t understand why the working indicators cannot be made a parts of the adviser by providing it with an output buffer. For example ... a red candle - 0 is written into the buffer, a blue candle - in buffer 1, a red background - in buffer 0, a blue background - in buffer 1, a gray background - does not change the current state of the buffer. And this logic applies to every indicator. Further, upon closing each candlestick, a logical AND operation is performed on the buffers of all indicators analyzed by the adviser. If all buffers have a state of 0, then a sell position is opened, if all in 1 - open buy position. In other cases, nothing is done. Or do you want to say that such logic cannot be programmed by means of MQL?

Further, I understand very well that the indicators included in the system are repaints. But this problem may be solved too in my opinion. You can simply give the adviser the logic of maintaining an open position. Here is the most primitive version of such logic ... after the position is open, after closing the next three candles, the output buffers of all indicators are checked, and if at least one indicator has changed its value, then there is a repainting, and the position that has just been opened immediately closes. In other words, only those positions remain in the market in which the indicators did not change their state during the next three candles. Other more elegant approaches and solutions are possible. It already depends on the professionalism of the programmer.

In conclusion, I will say that it is possible to automate any, even the most complex algorithm through any, even the weakest programming language. It all depends of the professional level of the coder. And this is not a theorem, it is an axiom.
Ok lets not derail the thread but I guess its helpful for others to read and learn - Xard's system ends up on most of the other forums around the world in multiple different languages.

I am not talking about the programming aspect - you are correct that you simply take the buffer if available and line them up. Where not available you just use the indicator within the EA. As I said, its less than a mornings work.

Some (massive) issues you are going to face;
-Range/chop - if you square the circle, it will always break. The market will ALWAYS break something you think has 'nailed it'. This is the biggest problem you will face in automating - any clown can make money in trends.
-Volatility/liquidity - Similar to above this will make or break you, just from 10pm UK and thin liquidity to batshit times of volatility you cannot statically forsee this in MT4 with the above. Random spikes for no reason are happening more and more.
-News - this wasn't so much a problem before but now the algos are going fucking nuts 24/7 - check out when selerity put out the wrong news via their tweet stuff and I think it was AUD shat itself 40 pips.
-Economic events - you have to calendar all that crap in. Doable, but I have seen minor events wreck stuff.
-Hedging/Recovery - another massive topic.
-Stop Loss/Take Profit - The biggest topic of them all.

Your 'solution' for repainting is just the same as reading the buffers and them all complying. The repainting point is more about backtesting and visuals. A repainting system looks great, hell, everything looks great in MT4 until you actually come to objectively test it. It all unravels very quickly and you realise you have nothing at all in terms of automation. You will soon realise how very limiting MT4 is.

Then there is the issue of valid backtesting - MT4 is already utterly rubbish for this, let alone trying to solution repainting indicators, let alone valid data - note every MT4 brokers data is different.

In terms of professionalism you have to look at the guys who have been around for years and contemplate why they can't get anything automated to pay for their lambo's/yachts/mansions which they still haven't got.... check out Hanover (on Forexfactory.com) & Steve Hopwood (Stevehopwoodforex.com) - they are perfectly competent MT4 programmers but they have stated they have never been able to get anything 'going'. You should digest that, they are way more competent MT4 programmers than I shall ever be, they are not mladen level, but they know enough.
Therefore, its not about the level of professionalism with respect to MT4.

So is it then down to the system/method you use? Yes and no.

As I mentioned above - retail, MT4, Day Trading is a completely and utterly different world to the system/algorithmic trading world employed by the big boys succeeding at it - they won't be using MT4.

What about all the social trading sites and signal copy services that are all 200% profitable per month you ask? They aren't.... I have tested those too. Its all nonsense, mostly scams, underneath they are just martingales.

*There is always one in a forum/thread that will say Jimmy Mcwherters EA does 500% a year....
If you have never seen their withdrawal statement into their bank from their broker then you can guarantee they are lying.
MT4 can be gamed - see here, metaquotes had this removed from youtube https://d.tube/#!/v/mt4-gets69d/QmdLEC5 ... F7iFFHhf7K

99.999% of people 'trading forex' lose, not the 77% touted by your broker. Its bascially a giant Casino teetering on Scam.

You 'can' make money in forex if you have outstanding discipline along with emotional intelligence, if you have these you can make money trading.
If you don't its highly unlikely you will ever make money trading manually - even if your system has a 100% win rate because you won't have the discipline and emotional intelligence to employ risk and money management along with sound trade execution and trade management.
Note most professional traders only win 40-60% trades, most professional traders only return 5-7% a year.
The cards are so stacked against you its pretty silly.

People have wild get rich quick dreams and try to automate what they do manually and soon realise quickly they cannot, it is a completely different journey to embark on.
So choose, are you going to be a manual trader or a system/automated/algorithmic/quant trader?

I have never been able to replicate what I can do manually, via MT4 automated EA. Why? Because what you do manually is discretionary - closer to gambling than systematic objective process driven 'trading'.

So in conclusion, of course the above can be automated - will it return you a positive return? - I can already tell you it won't, I don't even need to backtest it or forward walk it, I know what each of these indicators are and what they are underneath and the limitations of MT4.
You can take the basic system above but it would take you months to years of mucking about before you realise that MT4 is not the way to go.

All you have is price and time within MT4 (digest that point), if it was that easy, there would literally be thousands of programmers making hundreds of thousands a year. There are literally none.

People that have, have had to refactor libraries and pretty much take everything out of MT4 and just use it as the pass through to the broker.

And to finish - those that automate STILL sit in front of their system watching their automated system to check its actually doing what it needs to be doing. Those of you with those wild dreams of making an MT4 EA so you can sit on the beach or drive your speedboat are dreaming - it will never ever happen.

This is just some late night ramblings from me, probably all bollocks when I read it back tomorrow but hopefully it helps.
Hi' thanks for your thoughts,
I am already a silent reader in this forum for couple month, but i found Xard system is pretty useful and easy to adapt. The problem is just the time, not everybody in this world can sit in front of their mt4 when the market are open (especially on indices). So, what i do is i did automate the system but not fully automated and not whole entire system, i take some indicator that doesn't repaint from the system and combine it with my own.
Result? It's great, i get notified when the opportunity is happen, mt4 send me screenshoot of the chart when that happen via email and what i need to do is only press agree or disagree to run the trade.
This much easier for people who trade on 1H chart like me and have many things to do in daily basis. But again, repainting indicator can't be backtested and i can't trust my money on something that arenty yet proofed by some data. However, Xard give a very very nice concept and indicator that if you take it apart and combine it, it can be a good system as well.

Sorry for my writings, english isn't my mother language. :)


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