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Thread: Volatility Quality indicator

  1. #1
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    Default Volatility Quality indicator

    Dear funyoo,
    this site is really great and am glad i found it.
    I have an idea for an EA based on the volatiltiy Quality indicator.it is attached with this post.

    buy: when incaor changes to green at close of candle.
    sell;when indicator changes to red at close of candle.

    when buy signal appears sell position is liquidated and buy position is opened when sell signal appears buy position is liquidated and sell position is opened will be gratefull if you can code this into an EA.
    thanks in advance
    Attached Images Attached Images Volatility Quality indicator-volatitlity-quality-indicator-gif 
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  2. #2
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    Default Additional information

    Quote Originally Posted by nicefella View Post
    Dear funyoo,
    this site is really great and am glad i found it.
    I have an idea for an EA based on the volatiltiy Quality indicator.it is attached with this post.

    buy: when incaor changes to green at close of candle.
    sell;when indicator changes to red at close of candle.

    when buy signal appears sell position is liquidated and buy position is opened when sell signal appears buy position is liquidated and sell position is opened will be gratefull if you can code this into an EA.
    thanks in advance

    can you put a time code so it doesn't trade during the quiet Australian and Asian open.(it should only open positon at the start of the London session and should stop opening position at the close of the New york session.
    thanks in advance

  3. #3
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    Default

    Hello nicefella and welcome,

    Here it is : Volatility Quality Expert Advisor

  4. #4
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    Default I appreciate.

    Quote Originally Posted by funyoo View Post
    Hello nicefella and welcome,

    Here it is : Volatility Quality Expert Advisor
    Thank you ,Mr Funyoo.

  5. #5
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    Default include this pull back strategy in the codepull back

    Thanks mr funyoo for your patience and deligence.i have read lot of thread in this forum and I must say I admire your tireless effort to help traders improve their trading.More grease to your elbow!

    The volatility EA you directed me to on doesn't seem to work.i am at a loss why.is there a way to know if the file is corrupted?

    I like the volatility qualtiy indicator a lot and would really love to see it work in an EA.

    I would appreciate it if you could include the following strategy into the Green(buy) and Red(sell) routine.
    it goes like this:

    Whenever thee is a signal(lets say a buy signal(green) as in the diagram) we enter and do not close the positon at a reverse signal(sell(red)) UNLESS IT IS IN PROFIT..Iif it is negative at the appearance of the reverse signal we let it run at the same time we enter a positon in the direction of the new signal.we let both posirtions(now hedged) run and do not exti until there is profit in one of them at the next signal.the one in negative is left to run and no position is added to it.once it has gone negative for about y pips(e.g, y=200pips) we start watching for a pull back from the main trend as shown by the color change( we do not consider any pull back prior to it getting to -y pips. We now check to see if ithis pull back would be up to X% of the main move(which is from where the failed position stated)if it is we exited, if it is not we let it continue to run and continue to enter and exit positon in the other direction which is yielding positive returns at the signal change. if the pul back is equl to X% we exited the positon even if it is not in profit and renter in that same direction if the signal for that direct is still valid.

    I have Tried to expalin this in the attached skectch.As can be seen in the picture, our fist positon is a long positon,B1, it is exited at point b with profit at the signal of sell(red).the sell positon,S1, is not exited at point C which is a signal to buy because it is still in a loss.a long positon is entered at this point(B2) and exited at point D with profit .we do not enter a sell position at this point bcos there is already a sell posion(S1).At the buy signal in point E, the sell position is still negative so we do not exit but enter a long positon,B3.The llong postion ,B3, is exited at point F with profit at the sell signal.Again no sell position is entered at this point,F, because S1 has not been closed.At point G, we have a buy signal and we go long(B4),At the sell signal in point H,B4 is not exited at point because it is negative ,No sell postion is entered because we still have a negative posion..At point F on the volatility indicator and Point P on the chart, the have more than -y pips from the lossing sell posion so we we see if the pull back wheic ends at ponit G is equal to X% of the total move(Si entry poit to Point P on the chart.its not up o so we do not exit.However at point K on the chat we find out that the pull back, calculated from point P is equal to or greater than X% so we exited the losing positon and only enter in that direction if the signal of that direction still exists.

    I would be vvery happy if this can be coded becuase altimately it would lead to steady profit we no fear of direction of trend.am sorry for the long explanation, I wanted to be as vivid as possible.



    hope to hear from you.
    thanks in advance
    Attached Images Attached Images Volatility Quality indicator-photo-example-jpg 
    Last edited by nicefella; 12-17-2008 at 03:05.

  6. #6
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    Thanks for these explanations.

    It looks quite complicated. I suggest you to contact a professional programmer that will have more time to consacrate to you.

  7. #7
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    Default

    Quote Originally Posted by funyoo View Post
    Thanks for these explanations.

    It looks quite complicated. I suggest you to contact a professional programmer that will have more time to consacrate to you.
    Thanks Funyoo.I appreciate the time u took to read it.

  8. #8
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    Default professional programmer inquiry

    Quote Originally Posted by funyoo View Post
    Thanks for these explanations.

    It looks quite complicated. I suggest you to contact a professional programmer that will have more time to consacrate to you.
    Hi mr funyoo,
    please can u direct me to a professional programme?

  9. #9
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    Quote Originally Posted by nicefella View Post
    Hi mr funyoo,
    please can u direct me to a professional programme?
    The first result here :

    forex-experts - Google Search

  10. #10

    Default

    Quote Originally Posted by funyoo View Post
    The first result here :

    forex-experts - Google Search
    thanks Funyoo for the link.

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