multiple timeframes? Not sure about that. typically use: ZigZag(Data, [MaxVal(Data, 1440) - MinVal(Data, 1440)] x factor, 5, BLUE). where factor = {0.318, 0.618, 1.618}. Plot them separately; you should get multiple ZigZag of different scales.

Looking good, though I will never understand why 3DGS is so often selected for bible games lmao

Yeah, I think (as I've experienced myself) that you should stick to one thing, especially in the beginning. Here it's best to choose something you're already familiar with. Meaning Algo-Trading if you're already able to program, longer term investing if you have experience in Accounting and Management of bigger companies, etc. Interestingly I noticed two things as I progressed.

Firstly you'll understand how others (who haven't choosen your path) trade. At some point I realized, how many long-term profitable discretionary Traders trade and why it works. But as this isn't my path it's just a fun thing to know, that you can maybe exploit later on.

Secondly, especially in the later stages (when you really know what you're doing) it seems to me, that it is actually better to look in other directions. Those directions don't have to do something with trading directly, as long as you can somehow project your learnings onto trading. There are dozens of examples of this in the trading world like Ehlers applying Digital Signal Processing and FM/AM Processing onto Prices to catch cycles.

Good knowledge in other fields will probably help you to get more profitable, but only if you've already advanced sufficiently in your path. And you should never leave your path and always come back to apply what you've learned to your path.

But that's just my experience and everyone's approach to trading is (and should be) different.


To the question above:
When I'm building strategies I'm following a plan, that seems to work quite well for me. (As I've noticed it is quite similar to JCL's Plan, definitely check it out). Meaning that I'll search for Filters (one to two at max) to apply to my signal. Sometimes I use ones I already found/developed, sometimes I develope/search for new ones. Since every strategy you trade should be different not every filter will fit every strategy. I'm not struggling with finding a particular filter but sometimes it is just a bit difficult to find ones that are fitting.

But in my experience you get better at finding them with time (just as with signals) and if you don't find a fitting one, that may mean that you're idea is just not working. Document the idea and move on.

There are so many possible choices in this field, but I don't think the actual edge difference between them is significant.
I think it's better to stick with one thing you've chosen and push it consistently and to the end, no matter what anyone around you says.
It may seem like everyone else and I have similar conditions, but we actually have different conditions to do well and different preferences.
I don't know about anything else, but I do know this. That I shouldn't get lost.

Hi @all again,
Sorry for the above, meanwhile figured out a few things.
But currently i am again at ZIGZAG indicator. Would like to use it in mutliple Timeframes.
For example one in 1 hour and the other in 4 hour. Is this possible now?
By the way, am still using Zorro version 2.40.
Any hints and tricks are welcome,
Thanks in advance ...

It depends on your strategy if per cycle oversamping makes sense. For instance, when your strategy trades at fixed times, all cycles will obviously have the same trades and you need no oversampling.

Meine neue Autorenseite: https://books.lotter.org/

Hi Petra,

Thank you for answer. Can you please elaborate how time offset makes different price curves needed for oversampling? I made a quick test and it seems it does not. It only runs _n_ cycles with time offset as you mentioned, and according to docs SampleOffset is used for a histogram of the performance dependent on start time, rather than generating slightly different price curves.

I'm sorry if I wasn't clear in the original question, but I try to achieve this:
Oversampling the bars is a method to run multiple test cycles on slightly different price curves that are derived from the original curve and contain the same inefficiencies. This produces more trades, generates more realistic backtests, and allows to evaluate the effect of price curve randomness on the system performance.

Hi!!

I use the MT5 Version 5 build 4260 and the bridge is working fine.

I attached the text from the output window.