Topic: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic] - page 109. (Read 416800 times)
October 24, 2013, 08:23:04 AM
o yea i got the names muddled , :-/, cheers for the suggestion then i should have said
October 24, 2013, 08:20:24 AM
Yep your right , silly me, still lest i know the stop loss is working properly. you have my apologies
No need to apologize to me, I'm not working on this project. I'm just here to help people out :-).
October 24, 2013, 08:09:59 AM
Yep your right , silly me, still lest i know the stop loss is working properly. you have my apologies
October 24, 2013, 08:07:42 AM
Why is my signal line stuck at the top here ?
Thx.
Thx.
Good question, Maybe your stop loss / drop loss setting?
October 24, 2013, 08:04:28 AM
Why is my signal line stuck at the top here ?
Thx.
Thx.
October 23, 2013, 09:46:45 AM
_______________snip____________
"Also for a default strategy the most effective I have tried out recently on NASDAQ data was a combination of MACD and RSI (Only trade if both indicators signal a buy and sell if both indicators signal a sell). In the BTC rally of 2013 RSI would have indicated overbought but MACD would have confirmed the rally trend and you wouldn't have missed out on that epic rally. Then when MACD discovered a turn around, RSI would still be overbought and you would sell nearly at the top."
_______________snip_____________
Interesting you should post this, as I have been trying to do exactly this with the alpha .9 version. In theory .9 should be able to do this, but I am still learning it's ropes & do not have this "stacked" strategy functioning the way I want yet... will keep all posted...
"Also for a default strategy the most effective I have tried out recently on NASDAQ data was a combination of MACD and RSI (Only trade if both indicators signal a buy and sell if both indicators signal a sell). In the BTC rally of 2013 RSI would have indicated overbought but MACD would have confirmed the rally trend and you wouldn't have missed out on that epic rally. Then when MACD discovered a turn around, RSI would still be overbought and you would sell nearly at the top."
_______________snip_____________
Interesting you should post this, as I have been trying to do exactly this with the alpha .9 version. In theory .9 should be able to do this, but I am still learning it's ropes & do not have this "stacked" strategy functioning the way I want yet... will keep all posted...
Will this be an option in the current or next release? Triggering with MACD and RSI simultaneously?
October 22, 2013, 04:59:37 PM
Personally if you could get the MACD working and triggering on crossovers (user choose of crossover zero line or crossover signal line) then im quite happy to use just that on its own. I think the MACD is the best indicator of them all , there's a lot of argument over that one but its my favorite.
http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:moving_average_conve
http://stockcharts.com/help/doku.php?id=chart_school:technical_indicators:moving_average_conve
October 22, 2013, 04:50:51 PM
Stephan,
Please check the official MACD description:
http://en.wikipedia.org/wiki/MACD
That exact calculation is what I would prefer to use.
As for how it would be displayed I'd like to see two lines AND a histogram:
1: MACD Line
2: Signal Line
And when they crossover I can clearly see what my entry and exit points are :-).
PS: By default MACD uses EMA's and not the SMA.
Please check the official MACD description:
http://en.wikipedia.org/wiki/MACD
That exact calculation is what I would prefer to use.
As for how it would be displayed I'd like to see two lines AND a histogram:
1: MACD Line
2: Signal Line
And when they crossover I can clearly see what my entry and exit points are :-).
PS: By default MACD uses EMA's and not the SMA.
October 22, 2013, 01:10:16 PM
well you dont have to change it just as long as we know what it actually is (the histo of the MACD upside down) , it cant be the MACD itself as that is the light blue line on the bottom of the black graph that crosses over 0 at about the "60" period point but yours goes the other way so it must be the histogram.
As to when to trigger , well thats really hard to answer cos its usually not on the magnitude of the macd its (as you said earlier ) its on the crossing points , either the zero crossing or the crossing of the macd's signal line.
what i do know is it would be helpful if we could actually see the MACD itself and its signal line & be able to set the length of the MACD's signal line, that way we would at least be sure that were dealing with the histogram rather than the MACD itself.
As to when to trigger , well thats really hard to answer cos its usually not on the magnitude of the macd its (as you said earlier ) its on the crossing points , either the zero crossing or the crossing of the macd's signal line.
what i do know is it would be helpful if we could actually see the MACD itself and its signal line & be able to set the length of the MACD's signal line, that way we would at least be sure that were dealing with the histogram rather than the MACD itself.
October 22, 2013, 12:58:17 PM
I would say you have represented the MACD Histogram but upside down.
Alright, i want to change this right now (and some other issues minor too) but do i have to change the buy and sell also or not? (because i am a little confused when to trigger exactly now)
October 22, 2013, 12:45:55 PM
Quote
Its an MACD signal.
MACD = [stockPrices,9]MA - [stockPrices,21]MA
MACD = [stockPrices,9]MA - [stockPrices,21]MA
Quote
It's a histogram my man! A better representation would be to show de macs signal line and it's 9 period ema.
errr :-/ which ?
This IS what a Histogram looks like , this is the same data with the same short & long period on the MACD (9,21) , the bottom graph shows a 9 point signal line of the macd and then the histogram of the difference between the Macd & its signal line (the bars).
I would say you have represented the MACD Histogram but upside down.
October 22, 2013, 12:36:03 PM
Yes your right its normally the crossover that were looking for but we cant use that in this case.
Please clarify for me first if this is the MACD or the MACD Histogram.
Thx.
Please clarify for me first if this is the MACD or the MACD Histogram.
Thx.
It's a histogram my man! A better representation would be to show de macs signal line and it's 9 period ema.
October 22, 2013, 12:17:24 PM
Its an MACD signal.
MACD = [stockPrices,9]MA - [stockPrices,21]MA
MACD = [stockPrices,9]MA - [stockPrices,21]MA
October 22, 2013, 12:09:51 PM
Yes your right its normally the crossover that were looking for but we cant use that in this case.
Please clarify for me first if this is the MACD or the MACD Histogram.
Thx.
Please clarify for me first if this is the MACD or the MACD Histogram.
Thx.
October 22, 2013, 12:02:39 PM
Sorry for the delay in responce, i was still porting users to my new website.
@AtlasONo:
I will read it and polish it up. Thanks for pointing it out to me.
@San1ty:
I will have a closer look to the ROC indicator, if you are right then its not coded properly. (but still, it generates good signals anyway right now)
@San1ty & JackDinn:
Can you explain a little more what you expect to see?
To me this looks good, this is how i look to it:
I am getting your understanding-problem too. Normally you want to sell and buy at the cross-over (the zero-point in this case) this will lead to the assumption of having up-side-down feelings about the parameters.
I am not sure if i am totally wrong in this case or not, becuase this method works also very good as you can see. I am happy to create a method you want too, and call this method a reversed method or something like that.
@AtlasONo:
I will read it and polish it up. Thanks for pointing it out to me.
@San1ty:
I will have a closer look to the ROC indicator, if you are right then its not coded properly. (but still, it generates good signals anyway right now)
@San1ty & JackDinn:
Can you explain a little more what you expect to see?
To me this looks good, this is how i look to it:
I am getting your understanding-problem too. Normally you want to sell and buy at the cross-over (the zero-point in this case) this will lead to the assumption of having up-side-down feelings about the parameters.
I am not sure if i am totally wrong in this case or not, becuase this method works also very good as you can see. I am happy to create a method you want too, and call this method a reversed method or something like that.
October 22, 2013, 11:49:20 AM
Quote
Hey JackDinn, great illustration! I had trouble understanding this at first as well, because this bot displays indicators exactly opposite as what we would expect from other trading software.
So the positive wave you indicate there actually means a negative trend so the bot gives you selling advice.
(Still would be nice for Stephan to confirm, as I'm not 100% sure yet myself)
So the positive wave you indicate there actually means a negative trend so the bot gives you selling advice.
(Still would be nice for Stephan to confirm, as I'm not 100% sure yet myself)
so by that logic we have a sell signal all the way through this perfectly good buy portion of this data from today ?
and i still don't know if this is the MACD or the MACD Histo ?
It looks more like the MACD Histo just upside down but if it is the Histo then where is the MACD's moving average (MACD signal line) length setting, it should be in with the signals settings ?
This is all just really confusing and i thought i understood most of the trading signals (i spent enough time learning them
) 
October 22, 2013, 10:14:25 AM
The help section could use a few minor updates. I'm guessing the field labels have changed in the new version, they're not yet reflected on the site.
For instance "Jump out price" is refereed to as "drop loss safety" in the help section.
For instance "Jump out price" is refereed to as "drop loss safety" in the help section.
October 22, 2013, 08:51:16 AM
Is this the MACD or the MACD histogram ?
Either way it just does not seem right , both the macd & the macd histo should be high on a raising price and low on a lowering price ?
Also iv looked at the ROC and i agree with San1ty i think you have the wording wrong although its only minor
Surly it should be .. Buy < -1 , Sell > 1
Hey JackDinn, great illustration! I had trouble understanding this at first as well, because this bot displays indicators exactly opposite as what we would expect from other trading software.
So the positive wave you indicate there actually means a negative trend so the bot gives you selling advice.
(Still would be nice for Stephan to confirm, as I'm not 100% sure yet myself)
October 22, 2013, 08:16:50 AM
Is this the MACD or the MACD histogram ?
Either way it just does not seem right , both the macd & the macd histo should be high on a raising price and low on a lowering price ?
Also iv looked at the ROC and i agree with San1ty i think you have the wording wrong although its only minor
Surly it should be .. Buy < -1 , Sell > 1
October 22, 2013, 06:33:44 AM
no your right , i had mentioned there was no "signal lines" (that im aware of) so was also not sure how the MACD was calculated , just hadn't got that far just yet
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