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Thread: LabTrend EA

  1. #1
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    Default LabTrend EA

    Hi Funyoo

    Seems you are interested in the HA indicator as well - obviously. Please look:

    I found similar signal to HA, but with incredible precision and especially generating much less loosing trades, what is the danger/DD in HA.

    Since the systematic behind is like your HA EA, I thought you could exchange in the EA the HA by the indicator I found. Maybe just make sure it close, sell/buy or buy/sell at the signal (I see you have ext. bool Trend Filter - literally signal is suffisent).

    Please let me know here if you are interested and I post the indicator, I am looking up the thread few times a day.

    (That indicator I found is nothing new, but it is so inconspicuous that one does oversee its power of precision.)

    My regards
    PPI

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    Toxic, EURGBP is a bad pair for HA because it is running too much flat and it is just the flat period which causes loosing trades (caution, flat period can be heavy!). Set your chart settings ,properties then common: bar chart, chart in backfront and follow the bar entries/exits - do this with the normal HA (but for EA HAS is better).

  3. #3
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    Quote Originally Posted by PPI View Post
    Hi Funyoo

    Seems you are interested in the HA indicator as well - obviously. Please look:

    I found similar signal to HA, but with incredible precision and especially generating much less loosing trades, what is the danger/DD in HA.

    Since the systematic behind is like your HA EA, I thought you could exchange in the EA the HA by the indicator I found. Maybe just make sure it close, sell/buy or buy/sell at the signal (I see you have ext. bool Trend Filter - literally signal is suffisent).

    Please let me know here if you are interested and I post the indicator, I am looking up the thread few times a day.

    (That indicator I found is nothing new, but it is so inconspicuous that one does oversee its power of precision.)

    My regards
    PPI
    Hi PPI and welcome,

    Yes I'm interested.

  4. #4
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    Default Ok, here we go

    Hi Funyoo

    great to hear from you still today.

    See attached the indicator - source is one of these online indicator libraries. As said, by looking it up, one overlooks it as it does not look spectacular, but applying it, it shows its face.

    One thing that I just saw to consider:

    - please differenciate the order conditions according the signal if blue = buy, if red = sell
    - basically no other filter is needed, only the signals, and at each signal simultanously close actual order and open new in opposite direction (according signal), BUT ATTENTION: few times it happens that there is no exit signal but a next same direction signal

    - I propose following two solutions:
    1. take order as per signal, even if same direction, considering (depending on pair) SL (f.e. GBPUSD H1 200 or 250); and close both at next counter signal
    2. cancel trade at next double signal
    -> I think 1. is best, so there is chance to make double profit, or then its anyway loss if next signal higher then SL (and we do not want the trade)

    Even if loosing the trade and having few odds, now on GBPUSD H1 the indicator is still profitable (nicely!).

    (Ps. if we get this running, we should have a phone call, maybe in things FX you are the person I am looking for, and I am the person you are looking for - but lets first how the EA will work on a demo)

    My regards,
    PPI
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  5. #5
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    LabTrend EA. An EA based on the well known LabTrend indicator.

    There is a second LabTrend that can be used as a filter.

    EU M15.

    Total net profit : 116.11%
    RDD : 30.00%

    Statement too heavy too be attached.
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    Default LabTrend Indicator != (is not equal) EA

    Dear Funyoo, and everybody who read this thread about the LT Indicator,

    I have to apologize, not really for the indicator (it is good, one can optimalize the input Risk so for GPBUSD H1 best R10 and H4 R20, EURGBP H4 R3 etc.), but apologize for making proposition that the indicator is suitable for an EA. IT IS NOT: the problem is that the signal is as well on higher TFs flipping before remaining and one can get sure/use it only nearly at the end of that bar or next bar, BUT THEN IS TOO LATE TO MAKE IT OVERALL PROFITABLE.

    However I think the indicator is a pretty good supporting signal for example in addition with HA.

    Sorry guys. Take care and good analysis and trading to everybod

    PPI

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    Default UPS! hey, great Funyoo

    Sorry, above is my statement I DID NOT SEE YOUR POST - Funyoo, you are great! Thank you

    Guys, seems there is a way to get on that indicator!!

    PPI

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    Default Attn Funyoo

    Dear Funyoo, if I post you here an other indicator and its body (potential structure/strategy), would you make same again (asking very Respectfully)? It is still better, AND especially still less influenced by flat markets - its similar to LT but without the inbetweens (HA = noise*-3, LT = HA noise*-1.5, this one = HA noise*-0.1/zero).
    (No I am not testing indicators... , and also I am willing to compensate you; I have no other indicator anymore).

    My regards, PPI

  9. #9
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    Quote Originally Posted by PPI View Post
    Dear Funyoo, if I post you here an other indicator and its body (potential structure/strategy), would you make same again (asking very Respectfully)? It is still better, AND especially still less influenced by flat markets - its similar to LT but without the inbetweens (HA = noise*-3, LT = HA noise*-1.5, this one = HA noise*-0.1/zero).
    (No I am not testing indicators... , and also I am willing to compensate you; I have no other indicator anymore).

    My regards, PPI
    Hi PPI,

    You have to submit your request in the Ideas section and to post a statement.

    I make some exceptions sometimes, but only when I have already seen the system before or if it is a popular indicator that I have not yet used in a code.

  10. #10
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    Default Attn Funyoo

    Funyoo, please wrap me an e-mail: luxde@yahoo.com (pls put FUNYOO in subject field), it´s regarding "the person".

    PPI

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