PRC QMP Filter to provide trading signals

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Viewing 15 posts - 1 through 15 (of 28 total)
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  • 09/25/2018 at 8:48 AM #81263
    Dymjohn

    I want to show the output from this indicator via two lines that cross to provide signals for an auto strategy. Can someone advise me on how to do this please. Alternatively, is there a way of writing  code to trade off the colour of the dots?

    Regards

    Dymjohn

    09/25/2018 at 9:19 AM #81266
    Nicolas

    Are you referring to this “QMP filter”? https://www.prorealcode.com/topic/convert-a-macd-strategy-from-mt4/#post-47763

    09/25/2018 at 8:04 PM #81302
    Dymjohn

    Yes Nicolas, I remember seeing a version of the code in MT4 which shows crosses but no longer have it as I mostly trade on Pro Real time. It has some uses as crosses in Auto trading but I also wondered if its possible to write a strategy which places orders as a result of the “dots” instead?

    09/26/2018 at 4:26 PM #81374
    Nicolas

    Here is the complete code that embed at the same time the QMP Filter indicator and the automated trading program:

     

    1 user thanked author for this post.
    avatar Dymjohn
    04/17/2020 at 8:54 PM #126646
    kj1988

    Hi everybody
    The QMP Filter have been very useful for my manual trading in many markets and I’ve learned to avoid many of the false signals by the help of other indicators (and logical price action).

    My coding skills are limited and therefore I ask if Nicolas or anybody else can modify the QMP Filter indicator so the signals can be used in building an automated strategy in the “simplified creation” window?

     

    04/17/2020 at 9:32 PM #126649
    Vonasi

    The only indicators that can be used in the “simplified creation” window are those that PRT have available in their platform. I would suggest watching the training videos and checking out all the coding examples in the forums and in the extensive library so that you can learn how easy it is to hard code indicators into your own strategies.

    Learning Videos

    04/17/2020 at 9:51 PM #126650
    GraHal
    kj1988 wrote:

    QMP Filter indicator so the signals can be used in building an automated strategy

    Hasn’t Nicolas already provided a System using the QMP Indicator … 3 posts above?

    04/17/2020 at 11:01 PM #126665
    Vonasi
    GraHal wrote:

    Hasn’t Nicolas already provided a System using the QMP Indicator … 3 posts above?

    Yes – but perhaps it does not exactly match exactly what kj1988 wants in the way of a strategy.

    He has two options because the QMP Filter is not an indicator that is available as a standard indicator on the PRT platform and so cannot be used in the “simplified creation” window. He must learn to code strategies by watching the videos and studying the forums and library or describe exactly the strategy that he has in mind and hope that some kind individual on the forums with more experience will code it for him. Your understanding of code is getting pretty good so I volunteer you GraHal!. The rest of us are way too busy telling newbies that they have not followed the few very simple forum rules! The sooner this worldwide lock down ends the sooner we can stop spending 99% of the day telling people who have suddenly decided that want to get rich via trading that they did not read the few simple rules! 🙂

    Rant over…..!

    04/18/2020 at 9:36 AM #126696
    GraHal
    Vonasi wrote:

    The rest of us are way too busy telling newbies that they have not followed the few very simple forum rules!

    I strongly sympathise with your plight!

    The Forum Rules in the massive yellow box  are being scrolled straight past unread, even when posting!?  It beggars belief how unobservant some folk are that they post code and don’t ask themselves … “Why does my code look different than code that others have posted”??  Errhh HELLO … it’s because you didn’t use the ‘Insert PRT Code’ button on the toolbar!!

    I think newbies should be required to undertake a multiple choice questionnaire, the correct answers to which make them read and understand the Forum Rules!

    Questionnaire could be marked automatically online and would require 100% pass rate before newbies can move on to click the Join button.

    IG do it (when opening account) to make sure new traders understand what they are getting into.

    I’d best stop, else you’ll be telling me off for going off Topic! 🙂

     

    04/18/2020 at 11:21 AM #126712
    GraHal
    Vonasi wrote:

    so I volunteer you GraHal!

    Didn’t even have to read the code, just some coarse optimising so I’m sure it can be improved more?
    Please post here if anybody does make improvements?

    EDIT / PS

    TF is H1 (.itf title says M5) and spread = 4

    MODS

    Please delete the M5 .itf as I have also ‘entered values in the optimiser’ for the H1 .itf.
    Thank You

    03/10/2021 at 3:52 AM #163669
    s00071609

    With the QMP FILTER DOTs that appear on chart, what would be the code snippet to get the LOW price of the candle where the QMP signal occurred. How to get the low or close at GOBUY. it gives true or false return at the moment.

     

    Thanks

    03/10/2021 at 10:50 AM #163694
    Nicolas

    The below code of the indicator return the exact price levels of the dots:

     

    03/10/2021 at 11:02 AM #163698
    GraHal

    Out of interest, thought I’d backtest (with no optimising) the Algo I posted above.

    All attached is Out of Sample data since 18 Apr 20 when I posted above.

    1 user thanked author for this post.
    avatar nonetheless
    03/10/2021 at 6:01 PM #163743
    s00071609

    Yep it does, thank you very much.

    One more question,

    How can I get this indicator to do this,

    If QMP green dot appears then wait for green QMP in 15 min before entry. Problem I am having is, QMP occurs in specific hourly candle, and by the time 15 min QMP shows up, the hourly QMP condition is invalid. It is hard to say how many hourly candles will be consumed before 15 min QMP shows up.

    I tried to return the trend from the code, but problem is – trend covers all candles between Greed and Red QMP. This is not what I want because as market nears red QMP, its not worth entering.

    In short, my condition would be like this: Once 1HR QMP is green, enter long on next upcoming 15 min QMP.

    Any help would be great. thanks

    05/03/2022 at 10:08 AM #192587
    s00071609

    Hi,

    Is it possible to show only last RED and Green dots rather than several signals on chart. How to modify the code to show only the last 2 signal, buy and sell (only show last buy/or sell and latest buy/sell). Visually the charts becomes very messy due to too many dots.

    Any help would be great

     

    thanks in advance

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