EA Gann High Low Activator

The work of Gann is indeed very interesting it is the result of someone who has dedicated his entire life to the markets.

Howevever what we know about him today is not everything he has created. Some of his works never quited the manuscript stage.

I think that he was using everything he can, all the available technology of his day in order to read the markets. I think he was a visionary. Many can't understand but the simple bar charts of today were at the time something completely astonishing.

Yes today we have the summum of all the technical analysis available on internet, most of the readers here have gigabites of technical books and works in their hard - drives.

But on the other hand if Gann had an odge during his lifespan markets over the others the same is not true for us.

The market is something very specific, not all markets are the some and the markets evolve during time. I mean that the most computarized markets of today are fundamentally different from the markets in which Gann has practices his methods.



So there are two difficulties.

1. The Gann works and methods are incomplete (many of his works are not available).

2. Even if they were they were created for markets totally different from the market of today. That means that authomatic implementation is not going to work.



And yes, what can be done is to be fimiliriased with his methods and to have a creative approach.

Some even say that Gann was one of the first guys who actually used algorythmic approach. It is about the Gann high - low activator (now by the way entirely coded in mql and freely available to everybody, in its time that was the edge of the research).

Have a loot at: Krausz: W.D. Gann Treasure discovered



I made my own EA Gann High Low Activator. It is based on the indicator Gann High Low activator SSL from the code base.

You can download the indicator with the EA from here, just click on the download button. You need to install the indicator in order to make it work the EA.

And here the good news are over. Yes I made some testing but I did not find this EA strategy reliable on the recent market of Euro/Dollar. You can make your own tests and share.

Parameters:

The EA is based on the moving average generic EA, that means it shares the generic money management module. However in order to make it work I changed the trading rules a little bit (I do not pretend that I got it right).

So there is only one parameter and it comes from the High Low activator it is the Lb parameter and that is simply the number of bars you use for the computation of the indicator.

The rules can be interpreted as the basic single average system towards the price. Check the picture and you will understand.

If the Close is < the Gann High Low Activator indicator we Sell

If the Close is > the Gann High Low Activator indicator we Buy

DOWNLOAD the EA from here

PNN for metatrader using Parzen window classification version 2 with kernel smoothing of inputs

This is the PNN using Parzen window classification version 2 with kernel smoothing of inputs. You need to have the PFE indicator.

Here you will file the standard PNN called version 2. And the PNN with money management and kernel smoothing of inputs.

Nevertheless this is a beta version, because I am not sure that the integration of the kernel smoothing with the PNN code is correctly executed.

So this is what we have for now. Anyway the idea is interesting.

In the normal PNN Eric we have as input the difference between:


b[bar]= Close[bar]-Open[bar+AmoutOfForecastBars-1])

The idea was to replace this piece of code with something else and to see how it would affect the EA.

So I replaced this by the kernel smoothing of PFE.


b[bar] = kernel()

So this is the idea. However the number of bars of parameters is still an important parameter because it affects the initial period for training:


TrainingStartTime = Time[0] + Period()*60*AmoutOfForecastBars

Of course we can replace this piece of code by Numbars_for_Training as a parameter, but I chose not to touch this for the moment.


TrainingStartTime = Time[0] + Period()*Numbars_for_Training

Any wise look in the code would be welcome as there is not many native mql code for neural implementations.

DOWNLOAD from here

Basic Ehlers Cycle Strategy

This is the expert I used to test the basic Ehlers basic Cycle Strategy. More details about this EA you can find here.

Installation:

You need to install the Cycle period indicator unless you already have it in your indicators folder.


Critical appreciation:

Unfortunately it is not for the category what is working now. I made this custom mod of the Universal Moving average EA specially to test the trading strategy of Ehlers from the book. MESA and Trading market Cycles. by Ehlers p. 39.

You know when you read books you have always to check the ideas against the reality. And the reality breaks the most idealistic and beautiful mathematical representations.

So globally it is not working.

On the other hand this has to work only if the market is in cycle mode, and we cannot blame Ehlers that the market is not in cycle mode :). And the poor results can be explained by the fact that the market was in trend mode.

So the question is if it is working well when the market is in cycle mode.

On 4 h and the daily time frame it was able to trade very well some recent cycles.
Look at the screen shot with the test on the daily period. No optimization here. It fails when a trend develops and works nicely on cycles detecting well the reversal points. I think that after all it may be useful.

EUR/CHF Strategy

Here I would like to discuss a new strategy based on the fundamental situation in the EUR/CHF.
In fact three variations of the strategy have been prepared and released. One is freely available, the other two are only for looged in users in the site beathespread.com.

Actually the link is here. There is a group about expert advisors in Metatrader 4.

This is something very special as a strategy it is based on a fundamental situation on that pair. The fundamental situation is related with a statement of the Swiss National Bank that it will protect at all costs the level 1.20.
As a result a particular market states develops on that par. In that way a strategy was developed to extract pips from that market. Well I feel sorry we are late on since the expert was working at least for 10 days. And we do not expect that kind of strategies to work for long.