Home › Forums › Trading Journals › Adventures in TZ Trading, journey towards 99.999%
- This topic has 46 replies, 18 voices, and was last updated 8 years, 2 months ago by
neville.
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Dear Saver!
very nice doing ! hope it makes you good sense after many years hard working !
Dear Saver i red your thread in ff about the subject!
may give a clue about your dashboard? i mean may give an explanation to how read this dashboard if you have time? thank you sir for your patience
I made a decision yesterday to make this public! I decided to do so because I might not be the best trader and by working together, I might be able to improve it and others might benefit more from it than me. I would hate to see my hard work not being used that much
I will probably make a private group and only allow the highest contributors (users with the most points, maybe the top 20%) the access. This way we know that its the ones who care and share that gains the most privileges
It will take me a while to port things. I’m still finishing things up. I want to add fractal patterns as well and see if that would increase the probability of a level being TZs compared to another for the same H pattern. Please be patient while I work on this. I am starting a new project at work sometime in January as well so my development time will be limited. I plan to have it all ready and online at least within 3 months.
Focus, Patience, Determination & Order in chaos
may give a clue about your dashboard?
Yes, I will write an explanation of what it’s doing and everything in detail later. It will show up in my private group. I don’t want all the details to be public. We don’t want the wrong guys getting access to it.
Focus, Patience, Determination & Order in chaos
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This reply was modified 8 years, 3 months ago by
aryafx.
I made a decision yesterday to make this public! I decided to do so because I might not be the best trader and by working together, I might be able to improve it and others might benefit more from it than me. I would hate to see my hard work not being used that much
I will probably make a private group and only allow the highest contributors (users with the most points, maybe the top 20%) the access. This way we know that its the ones who care and share that gains the most privileges
It will take me a while to port things. I’m still finishing things up. I want to add fractal patterns as well and see if that would increase the probability of a level being TZs compared to another for the same H pattern. Please be patient while I work on this. I am starting a new project at work sometime in January as well so my development time will be limited. I plan to have it all ready and online at least within 3 months.
Very excited to see what you come up with my friend. Let me know if there is anything I can help you with
Pip
Good idea, saver. Many brains networked together can sometimes improve upon the ideas of a single brain. I’ve followed up your public efforts with a fair amount of my own statistical research, but putting it all together into a coherent strategy is a bit daunting as it seems to be unexplored territory where one has to blaze his own trail.
[ AKCodingEye ]December 19, 2014 at 12:37 pm #1872SaverO
Really looking forward to it. I would really appreciate if i would get a chance to be part of it.
Either way you will see a lot more speedy work when few mind work together.
-AK
Good thoughts Savero! Two heads are always better. I am always around if you need any help with forward/backward testing.
Pips be with you.
regards
fmYes, I will write an explanation of what it’s doing and everything in detail later. It will show up in my private group. I don’t want all the details to be public. We don’t want the wrong guys getting access to it.
Can not wait to see your good result my friend …
Thanks for the encouragement guys. I started looking into making an EA recently as well. Also taking a bit easy and relaxing and sleeping more since the year is coming to an end. Next year I have plans for sharing a ton of stuff.
Happy Holidays guys!
Focus, Patience, Determination & Order in chaos
[ LearnAlways ]December 23, 2014 at 5:13 pm #2261Hi Saver0,
Have you check out SteveHopwood Forum where he developed an indicator called “HGI” & EA called “Holy Grail Bob”. The Swing Wavy lines of the “Holy Grail Indicator” seems to coincide with Fractal TZ which the wavy line is based on TMA Slope. Just fyi only, pls ignore if its not useful to u, thx.
Best Regards,
I only know I know nothing
Skype: learnalways@outlook.com“HGI” & EA called “Holy Grail Bob”.
Yes, I have seen these
I will have another look now that you reminded me again. Thank you!
Focus, Patience, Determination & Order in chaos
Subscribed!
A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)
I will start this thread off by posting a screenshot of the dashboard that I’m finishing up currently.
Your dashboard looks amazing! From a fellow coder’s perspective, I’m a bit jealous!
No, to be honest: more than just a bit. Congratulations!
A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)
Your dashboard looks amazing! From a fellow coder’s perspective
Thank you simplex! It took me a while to code it up.. most of the time in a 1 month period went into it. It just sort of grew from something small to something more complex. I’m still trying to add more and to remove most of the clutter and show only the ideal trades. Just a bit slow these days.. I’m taking it slow and waiting for the year to end
Focus, Patience, Determination & Order in chaos
Hi guys,
My first post here after learning about TZ’s after the FF shakeout. So far I’m impressed with this idea of being able to visualise a logical framework from which to make trade decisions based on hard stats. I’m not sure if anyone has touched on what I’m about to raise, but it seems to me that we are dealing with two different animals when looking at TZ’s.
TZ’s that form at tops and bottoms of ranges or price extensions ought to be treated differently to those termed as Mid TZ’s and here’s why ! Generally (there are odd exceptions) TZ’s that form as Mids can only occur after a Top or Bottom TZ is in place. So Mid TZ’s are either breakouts or continuations in price extension in the current direction after the turn. A lot of the time, these breaks continuations will have momentum. Does that make sense ? Now lets take that a step further, Mid TZ’s are derived using the same formula/code as Top or Bottom TZ’s, but here’s the kicker with Mid TZ’s, If there is a momentum price move, then the H value of a Mid TZ has no real purpose other than to alert us to an opportunity. What I propose is to give a Mid TZ a purpose. In a momentum move price does not like to hang about, so we can take advantage of this situation by reducing the number of confirmation candles in Mid H down to 3. In essence we are anticipating a continuation of price extension and because we are dealing with momentum, if price stops moving and forms a PTZ that does not clear after H +3, then we want to exit the trade anyway because directional momentum has dried up.
Just a starter…food for thought !
Chart shows 60 pips minimum with little initial stop risk and after 2nd MidTZ, trade becomes risk free as trail stop takes over.
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This reply was modified 8 years, 2 months ago by
neville.
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You must be logged in to view attached files.So Mid TZ’s are either breakouts or continuations in price extension in the current direction after the turn.
Very clear chart pic and evaluation! Thanks a lot!
What I propose is to give a Mid TZ a purpose.
My current analysis is showing in exactly the same direction. Didn’t have enough time yet to work it out in sound statistics.
A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)
In a momentum move price does not like to hang about, so we can take advantage of this situation by reducing the number of confirmation candles in Mid H down to 3.
I even thought it could make sense to go down to the very extreme: h = 1.
A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)
Ah thanks for pointing that out simplex and yes you are correct, after MidTZ starts to signal, the Maximum number of candles to confirm could be H+3 but because they are anticipation trades with a view to price continuation then H, H+1, H+2 could also be used. I guess the important part would be to keep stops to a minimum upon trade entry.
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This reply was modified 8 years, 2 months ago by
neville.
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This reply was modified 8 years, 3 months ago by
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