Search found 20 matches

by Nevi
Wed Aug 28, 2019 1:30 am
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

I don’t think adding more lines is going to change anything, the base lines themselves aren’t profitable most of the time. I coded up a simple base strategy which buys and sells at the crossover points, and optimized from 1 through 18. There are no stops or targets just a look at how often the cloud...
by Nevi
Mon Aug 26, 2019 4:58 pm
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

One more detail,
Does that mean you only want to take the first occurrence of white to blue after crossing above Midline4
or does it mean as long as you’re above Midline4 every white to blue pivot is a valid short?
by Nevi
Mon Aug 26, 2019 1:52 pm
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

The problem is the drawings on the chart are not mechanically defined, above the cloud is a very broad definition.
Price could pierce the top of the cloud for one or two bars in a single pivot, other times price is completely above the cloud for hours at a time with dozens of pivots and reversals.
by Nevi
Mon Aug 26, 2019 3:36 am
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

When there is a pivot high I am selling, going against the trend direction simply means, buying in that situation. There are four entries L1 white cloud S1 blue cloud L2 blue cloud S2 white cloud You can comment out the entries ending in 2 and change the cloud settings till the entries are further o...
by Nevi
Mon Aug 26, 2019 3:16 am
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

A couple more notes on the Million Axis strategy I did try reversing the direction of the trades from their signals but the side I published was the better. The idea of placing the stops at the far side of the cloud was to avoid the easy picking area of 1 tick below the bar which the bots go for. Ta...
by Nevi
Mon Aug 26, 2019 2:54 am
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

I uploaded an eld of a strategy and indicator called Million Axis in the Downloads section Unfortunately it’s Not Profitable I began with the two clouds but in the end I resorted to one cloud as I wasn’t getting anything promising. I tried Renkos from .1 to .4 with all sizes of the cloud It improved...
by Nevi
Fri Aug 23, 2019 12:36 pm
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

I’m still working on it, will have something soon.
by Nevi
Thu Aug 22, 2019 5:25 pm
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

So what happens in Multicharts when you turn off the ghost bars? is there a gap in the bricks to keep prices aligned with the right axis? What was most concerning, is that after reading the only reliable price on Renkos is the close, to then find that some of the close prices aren’t reliable either....
by Nevi
Thu Aug 22, 2019 3:44 am
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

I found a problem with these Renko Bars This example just happened tonight Price jumped from 1510.20 to 1511.00 in one tick and the Renko bars plotted 6 green bars in the gap. Those bars are listed as having a closing price, yet there were no trades in any of them. It's would be extremely difficult ...
by Nevi
Tue Aug 20, 2019 3:19 am
Forum: Merlin Trading Forum
Topic: "Millionaire in 10 weeks" thread
Replies: 103
Views: 62050

Re: "Millionaire in 10 weeks" thread

Working on a strategy,
I was beginning with the Merlin_2Clouds code, on a @M2K Renko 0.3 chart.
Looking for estimates or suggestions for
Commissions, Slippage, Profit Target and Stop Loss.