8 Nov 2021, 15:04
Hi everyone! I'd like to find a way to identify bullish and bearish ticks and put it in a condition. thanks
Bullish and Bearish Tick
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Hi everyone! I'd like to find a way to identify bullish and bearish ticks and put it in a condition. thanks
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@nehemiah7 What do you exactly mean by 'bullish tick'? Do you mean a higher price value now than the previous tick, maybe?
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@l-andorrà yeah, kind of; I think we can say it this way
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@nehemiah7 Then the only way I can think of is storing every new tick value into a variable and the compare it with the previous one. Isn't is too risky?
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@l-andorrà Oh okay, and how can we do that? Well, it depends on how you are going to use them
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@l-andorrà any idea?
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@nehemiah7 You can try this for buys only:
https://fxdreema.com/shared/cjVKEVlvb
You'll need to replicate it for sells.
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there is no way to know if a tick is up or down, a tick is a tick. Thats why theres no such thing as "real volume" in Forex.
There was supposed to be some sort of measure with MT5, but either it doesn;t work or the Dreema function to use that data doesn't work.
Best thing you can do for tick data is an indicator called Cumulative Delta, but even then its just an estimation based on whats happening with price, not the direction of the tick
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@nehemiah7 ignore what the dumb self proclaimed master aka TipsyWisdom says.
He is a good for nothing useless dumb moron who wanna act like he knows it all when the truth is knows nothing special and whatever he knows is from kissing other people's ass.
You can compare tick by tick but it depends on what your trying to achieve.
And sorry I don't publicly explain logics now cuz of idiots like Mr TipsyWisdom who see it, run around telling that to anyone who sees so he can look like he is this great guru with brilliant logic building skills.
Know that there are cunning manipulative idiots who only looked for themselves. Who will come to seek what you know and the moment they learn a little they claim to be a master and think they know what they are talking about.
The perfect example is in this platform named Tipsy Wisdom. From someone who didn't know what constant variable or back testing, rather a letteral noob when it came to algo trading, spent 2 months learning from ME for FREE OF CHARGE and is now self proclaimed teacher with a discord group who will take your money to build EAs claiming it will give you a Edge 🤣
When his arragonce is beyond tolerant and decided to discard any and all work spent teaching the idiot, he decides to write a sympathy signature claiming the poor sad innocent guy was burnt and played for a fool WHEN HE SHOULD BE THANKFUL IN MAKING PROGRESS WITH ALGORITHM TRADING. 🤷
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@vonmunchy Man, can you please stop bringing your feud here? This is not the place to do that.
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@l-andorrà I wasn't bringing any non existing bullshit here. He was talking bullshit without mentioning names in different posts before and I didn't care for his drama untill I saw he has been using my name to boost his frigle salty ego.
Plenty of people may have had disputes in the past but no one was salty enough to write childish signatures, recruit people by advertising to be this master into a private group and than talk bullshit.
So yeah it's only fair I called his bullshit out publicly and for anyone to see. What he does his choice and I could honestly not care but if I see him talk about things he doesn't know than yeah I will call out his bullshit.
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@nehemiah7
"In MT5, some symbols have two types of volume:Tick Volume – this is the number of price changes within each period of a selected timeframe (default setting)
Real Volume – this applies to markets with centralised exchanges only.
For spot forex and derivates, you use tick volume which represents a proxy for volume in the form of activity. However for other markets such as stocks, some brokers offer real volume for those markets which have a centralised exchange."https://mt4.quantumtrading.com/configuring-the-tick-volumes-indicator-for-mt5/
Just so you aren't wasting your time chasing ghosts, a tick means up or down. A tick is a change in price, indicators are made to match the direction of candle to ticks coming in, Cumulative Delta 5 does it best from my groups testing.
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@l-andorrà thanks i'll try this out
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hi @l-andorrà it works fine, thanks. but how can I have on position per bar. the problem is after a buy position is closed for instance, the EA opens a sell position on the same bar ; and vice versa. What I want is the Ea to open only one position on a bar
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@l-andorrà so I can phrase it like: One position (either buy or sell) per bar.
no position after a postion (either buy or sell) is closed on the same bar. -
@nehemiah7 Then you need to move your 'once per bar' block from top to bottom of your opening conditions. Just immediately above both 'buy/sell now' blocks. That way there will be just one buy/sell per bar.
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@l-andorrà i just did and now it opens a buy and a sell position at the same time.
https://fxdreema.com/shared/eatEa9ykc. Can you please check this out for me. -
@nehemiah7 Yopu need to use two separate 'once per bar' blocks. One for buy and another one for sells.
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@l-andorrà this is what I did first, and it didn't work
- 6 months later
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@l-andorrà Hi, how to put comment on last tick direction after previous candle closed?