UMomentum -discussion

[UM_manager]

<deleted>

 

[rossored]

3) BUT, I will have to delete all my posts 02/28/2006 (all rights belong to my employer);

Sorry, but that really isn't on. If you're going to post here, then the content remains on the board full stop. If you shouldn't be posting it, then don't post it. Don't put it on and then delete it a month later, maybe hoping that someone will PM you and ask for the details (forgive the cynic in me, but we do get to see this sort of thing quite a lot).

 

[UM_manager]

Hello rossored,

I dont want to sell anything.

Everyone can download the indicator now, all details will be published here.

I developed the code together with my colleagues, but it was my idea to publish it. That is why I'll ask moderators to delete the thread.

P.S. "Length" = 2 in the example.

 

[fxmarkets]

cheers, right to kick it off what weak points do you currently perceive that exist with this indicator to date ?

how many in your list so far ?

 

[apples10]

Hallo guys,
I strart this thread with a great hope to receive good feedback from you.

Some facts:
1) I will share some intermediate results of my work here;
2) I will give you all necessary information;
3) BUT, I will have to delete all my posts 02/28/2006 (all rights belong to my employer);

My aims:
1) I would like to find weak points in the indicator I present.
2) I would like to receive any suggestions on the ways of improvement of the indicator.

And now take a look at this pic.

Blue lines - long positions;
Red lines - short positions;
p - profit;
L - loss.

UMomentum for Omega is in the attachment.

well I could'nt open the attachment, so not a good start.

in backtesting whats the % of trades in profit, how many trades, avg prof, avg loss, is the p/l profile normally distributed?

thx

 

[UM_manager]

well I could'nt open the attachment, so not a good start.

You need "EasyLanguage Power Editor by Omega Research" to open the file.

The first results are:

(*******GBPUSD 240 min. 1000 bars********)

Leverage...............................................1/1
Largest winning trade ........................+1.52%
Average winning trade ........................+0.81%
Largest losing trade ............................-1.02%
Average losing trade ...........................-0.39%
Total # of trades ...................................57
Number winning trades ......................35
Profit factor ............................................3.3

(***********************************************)

The strategy uses UMomentum and EMA as trend indicator.

 

[dellano]

i want this indicator for metatrader, anyone has it?
thanks