Is it possible to set as shorter time frame on a single chart? Example: I have an H8 chart open, and below it I want, H1 and H4 VQ windows. I figured out how to make VQ-H1 and VQ-H4 charts under an H1 chart, but can not figure out how to do the opposite. Will someone please help? Thanks

Hi All of My Friend,
I'm just a Newbie in this Forum. But, I would like to ask anyone in this forum:
1. Is there any EA that can change it's indicator Time Frames automatically based upon market conditions? For Example, if the market is less volatile, the EA moves it's indicator time frame to higher time frame, and change to lower time frame when the market is become more volatile?
2. If there it isn't any EA like that, could anyone sugested an indicator to detect volatility, so the program can take action to change it's decision maker indicator time frame?
3. Or anyone can suggest a thread that discuss such an EA?
It's just an idea from Newbie....
Thanks for your opinion.

Why has this thread died down?...we got an EA!

I tried this kiko martingale VQ EA on the 1HR EUR/USD with an IBFX demo and only get one order....I turned off martingale and was able to get the lotsize to work....

Can somebody fix this to get it to work as it was intended?

Also, I have a question: Will this exit on a VQ color change while it is in the middle of a trade that is waiting for its SL or TP?

Good work folks...nice thread here..(I had to really search to find it)

ES

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Dear. Prompt, where it is possible to load indicator VQ. Yours faithfully. Victor

See first page of this thread.

Readers. I have observed something here in the community. Forex tsd is filled with anonymous characters all looking for trading...entertainment...improvement...etc..

But...

When a thread pegs out like this with interest and abruptly stops...something is up...If we could somehow code this phenomonen on MT4 and make a tsd indicator we might have something! Like a heat-map or something.

What I really appreciate is that this was allowed in the public forum and was not sucked into the Elite area...

...anyways perhaps my exuberance is uncalled for...but I am demoing a 4-pair basket (EUR/USD, GBP/CHF, AUD/CAD, NZD/JPY) on H4 charts, with the kiko EA (not the KIKO martingale) with default settings, except I use a SL of 1000 and a TP of 1000 and TS of 15 with a lotsize of 1.0 in my IBFX mini demo account. ....(the EA exits on color change in the Volatility Quality)

I use a second EA named "CloseAll" and I update it to exit at 10% of the banked balance (It is installed on dummy-pair that is not in the basket). The EA's work well together and this basket is performing well and is up 10% in 24hrs. Everything is on automatic and I will just let this run. But I am in hopes that this actually can provide a steady income...finally! but it is too early to tell and how many times have I acted like a young schoolboy after his first kiss here...

Anyways...

CYA

ES

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Hi,

You are wasting time, I have an EA that uses this indicator and the results are quite bad. The ratio is too low to do real trading.

I have attached some pictures, with a H1 backtesting on one year with pips generated, max drawdown and ratio. There is no TP and no SL for this backtesting (to have a good quality of modelling). And some examples of live demo trading results.

I have tested it during 4-5 months, it doesn't work. Maybe on larger timeframe, but not interesting to me.

I think the best kind of trading to study is breakout and daily scalping.

Good luck.

Attached Images

	bactesting-one-year-1.gif (4.3 KB, 1608 views)
	bactesting-one-year-2.gif (5.0 KB, 1585 views)
	demo-testing-example.gif (19.9 KB, 1601 views)

funyoo,

That is quite an extensive analysis you have there in your spreadsheet.

You might want to check the H4

I am running all 19 pair to test and I am getting some favorable results with the kiko EA...I double some of the inputs for higher ranging pairs.

ES

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Monik7 / Kiko, thanks for starting the EA.

I have been working on my own EA that uses the VQ indicator. Studying the backtest results of Kiko's EA, and the code of it and the VQ indicator, looking at what is right about them and what is wrong has helped me to get things more right.

So I have also modified Kiko.mq4.
Kiko_v2 usually makes a profit, which is pretty good for an EA only using one indicator!
The default settings are for GBPUSD H1.
It is intended to work with the VQforEA indicator.
VQforEA.mq4 is VQ.mq4 stripped down, and modified to work with EA’s.

With the 50 pip SL, the Lots are sized at about 2% of the initial $10,000 deposit, which limits drawdown.
My max 1 year drawdown is about 18%.


DETAILS:
Tested with Alpari data, "every tick", and 90% modeling quality.

The first problem I had was that it was slooow. I added a couple lines that fixed that. The new lines only lets the EA look at data from the first tick of a new bar. This requires that you look at the Close data from the earlier bar, and compare it where necessary to the bar(s) earlier to that one.

This is a good setup, as the first tick is the very next tick after the close of the last bar, and gets around the primary backtest problem in Metatrader. (My understanding of the problem is that Metatrader "knows" the close of the current bar as soon as it opens.)

The next problem I noticed, looking at backtest charts, (after running a backtest you click on 'Open Chart' and LOOK) was that it often took a wrong (previous) direction trade AFTER the color (direction) of VQ had turned. Upon further investigation with MT’s deluxe debugging tool -uh, print statements- showed a 2 bar lag!! As I am not a professional coder, it took me a LONG time to solve this. Ultimately I commented out a couple lines in VQ that causes it to rewrite a couple datums in an earlier bar, and thus caused the 2 bar lag! These lines do not affect the core of VQ, only line color during the transition bar from Up to Down or the other way.

My own work convinced me it should only trade right after the VQ color changes, and that is how Kiko_v2 works now.

I have changed the variable names so I could follow the logic easier (in English, anyway).

Also the Trailing Stop was messing things up, I guess it wasn’t coded right, so I disabled it.
It now only exits on TP or SL.

I have stripped a lot of the code from VQ and from Kiko as they were either unneccessary for this purpose or actually causing a problem.

I have tried a lot of filters but I could not consistently improve above 39-48% win percentages, using straight TakeProfit and Stoploss settings.
The default settings are for GBPUSD H1. They are a compromise of best settings for different years. The Length setting makes a big difference. For example Length 7 instead of 5 will win bigger, but also lose bigger! (Length is how many bars back are averaged to be used as a basis for the volatility calculations.) TP and SL also matter.

IDEA: An automatically adjusting Length setting - but what do we base it on??

If you find settings that will work better, for ANY six month or one year period of a pair, over at least three years, let us know.
If you add an exit that improves results, do tell.
If you find an additional filter or two that improves the percentages consistently, let us know!

The Money Management does not work. If I get positive feedback I will fix that with a good one.

P.S. VQ has a lot of “bells and whistles”. Can someone explain how to use the MTF feature?


Enjoy!
Big Be

Corrections Feb. 5: changed code to call indicator correctly (Thanks mikerock!), added code to prevent taking trade if reverse arrow occurs when you would enter (rare).

This is for Jan. 1 to Nov. 30, 2007 and is not the best one:

Attached Images

Kiko_v2 2007 .4 A.gif (5.9 KB, 1248 views)

Attached Files

	Kiko_v2 2007 .4 A.htm (96.1 KB, 208 views)
	Kiko_v2_1.mq4 (5.3 KB, 277 views)
	VQforEA.mq4 (5.3 KB, 268 views)

ok..I'm in...I will live and breathe this for a while...Thanks Bb..(I think )

ES

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