Originally Posted by dxtrade

The hardest part is always the exits. To find an entry (for any pair on any timeframe) is relatively easy... the exit is the secret.

Originally Posted by MrPip

int getNonLagDot()
{

double NLD_Long, NLD_Short;
NLD_Long = iCustom(NULL, 0, "nonlagdot",
NLD_Price, NLD_Length,NLD_Displace,NLD_Filter,NLD_Color, NLD_ColorBarBack,NLD_Deviation,
1,1);
NLD_Short = iCustom(NULL, 0, "nonlagdot",
NLD_Price, NLD_Length,NLD_Displace,NLD_Filter,NLD_Color, NLD_ColorBarBack,NLD_Deviation,
2,1);

if (NLD_Long < 1000) return(LONG);
if (NLD_Short < 1000) return(SHORT);
return(FLAT);
}

Originally Posted by ChampionFx

Thank you zmax ,
I think it is not possible to code those for MT4 .
Here is MetaStock code for ZigZag Trend:

{ZigZag Trend © Spyros Raftopoulos

{This is a safe indicator as it deals with valid trends only.
You can trade it directly or incorporate it in any other
tool or system.}

Values returned:
1 = Valid uptrend, -1 = valid downtrend }

vr:=Input("Field (0=Ind/tor, 1=Open, 2=High, 3=Low, 4=Close)",0,4,0);
amnt:=Input("Reversal amount",0.0001,1000,10);
md:=Input("Method (1=Percent, 2=Points)",1,2,1);

vr:=If(vr=1,OPEN,If(vr=2,HIGH,If(vr=3,LOW,If(vr=4, CLOSE,P))));
zz0:=If(md=1, Zig(vr,amnt,%), Zig(vr,amnt,$));
zz1:=Ref(zz0,-1);
zz2:=Ref(zz0,-2);

tr:=ValueWhen(1,zz0>zz1 AND zz1<zz2, zz1);
pk:=ValueWhen(1,zz0<zz1 AND zz1>zz2, zz1);
PU:=If(md=1,tr+Abs(tr)*amnt/100,tr+amnt);
PD:=If(md=1,pk-Abs(pk)*amnt/100,pk-amnt);

res:=If(vr>=PU AND zz0>zz1,1,
If(vr<=PD AND zz0<zz1,-1,0));
res:=If(res<>0,res,ValueWhen(1,res<>0,res));
res

{*********** End of code *************}

Will dig out ZigZag Validity code latter but ZigZag Trend
would be nice and probably better.

Originally Posted by MrPip

Here are the backtest results.

I am sleepy so do not have time right now to explain the results. If you study the spreadsheet you will better understand what the different ideas used do to the profit line.

Zip file contains spreadsheet.

Robert

Originally Posted by nix

You can change the code to the following for more clarity:

if (NLD_Long != EMPTY_VALUE) return(LONG);
if (NLD_Short != EMPTY_VALUE) return(SHORT);

BTW: Nice work on bouncingPipEA_mpowerV2

Originally Posted by MrPip

Thanks,

For some reason using compare to EmptyValue in the past has caused problems. I know the value is very large so I use compare to 1000.

I will add a comment to the code to make this more clear.

So I am accessing the buffers correctly for the signals?


I am currently testing trailing stop methods.

PriceChannelStop, Breakeven + Lock, Delay trail until trigger is reached and trail immediately.

I also have EMA trail that might be useful with a setting like 25 or 34.
I have not yet added that to the code.

I found a bug where the trail was never done so the posted results are with no trailing stop.

I want to clean up the code a little and add comments but will leave everything else. I thought about removing CCI and Stochastic filters but thought other programmers might find the code useful.


Robert

Originally Posted by nix

Both ZigZag_Validity and ZigZag_Trend indicators are based on the ZigZag indicator from the MetatStock package. This is a different indicator than the one provided in MT4 in order to translate the code we would need the code of the Zig indicator from MetaStock. Can you provide the source for this indicator?

MetaStock ZigZag indicator takes the following input parameters:

Zig(DATA ARRAY, MINIMUM CHANGE, DIFF_METHOD)

This calculates the value of the ZigZag indicator on the DATA ARRAY specified. MINIMUM CHANGE is the amount required and DIFF_METHOD is how the change is to be calculated (Percent or Points)

In the code above :

the default settings force the ZigZag indicator to be calculated using the following values:

Zig(Ind/tor,10,Percent) or Zig(Ind/tor,10,Points)

I don't know what the hell is Ind/tor , but The ZigZag in MT4 uses CLOSE.

Translating the indicators should be easy.

Originally Posted by ChampionFx

Hello nix ,
I'm sorry, I don't have the original ZigZag indicator code source for MetaStock.
It would be nice to see what's in there for sure and then based on the code
something may perhaps be done trying to create ZigZag_Validity and ZigZag_Trend indicators for MT4.

Sincerely,
ChampionFx