 |
Purpose and how the system works?
System parameters
Purpose of the EightDimensions Expert System
Main purpose of the system is to be ADVISOR.
Do not expect the EightDimensions expert system to replace you entirely on the market!
The system was projected for day trading on EURUSD.
How the system works?
EightDimensions expert system (8d system) is a consistently delivering trading advisor which uses 13 signals for opening orders and 5 signals for closing them. The idea for the first 8 signals was introduced by Vladimir Kravchuk (vkravchuk@alfabank.ru) with its Adaptive Trend & Cycles Following Method (AT&CF Method). The rest 6 signals are developed by TradingDimensions team and are formalization of some of the Elliott Wave principles using AT&CF Indicators. All signals are generated by the rules based on eight digital filters (AT&CF indicators) and display high reliability for a long testing time.
Demonstration of this is the history where is visible high consistency of the equity graph on entire testing time frame period.
Very important part of the EightDimensions project was the generation of the AT&CF indicators which have to be very close to these, proposed in the Vladimir Kravchuk papers. The result was our _tdXXXX set of AT&CF indicators and you can try them on our Download page. Creation of this indicators package was possible with the help of the special software supplied by Finware.
All of the open orders signals are reversible and they are closing all previous orders in opposite direction. In addition the system is using closing orders signals that are intended to reduce the loss or to keep the gained profit.
Open orders signals
Here you can find short orders signals description. All is the same for the long orders signals but in opposite direction.
S1 is a reversible signal at the end of the bull tendency. Often it appears at the beginning of a long term bear tendency. Like a rule signal is preceded by first down correction after the end of long bull trend after which the prices go up again. STLM indicator is decreasing. The market volatility at this point is higher and this is the reason to see the PCCI indicator. When the sygnal appears and PCCI value is below -100 (or -BarHigh) the order have to be set at the Close of the day but only if PCCI > -100.
S2A is a signal at the bear trend continuation after the bullish correction. FATL, FTLM, RBCI, STLM indicators have to be in the same direction at the moment when signal arising. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).

S3 is a signal based on the summary market circles indicator - RBCI. STLM have to be below zero line. Signal is appearing on the decreasing STLM when RBCI have a maximum and RBCI > 0. More reliable is to want even that RBCI is more than its standard deviation, which describes overbought market. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S4 is based on the double divergence between RBCI and FTLM and RBCI and FATLM indicators. That means FATL and RBCI (and FTLM and RBCI) go in different directions for a while. Signal appears after the minimum of FTLM (near to the zero line) while the FATL and RBCI are going in the previous directions. S4 is a pass ahead signal beacause it outstrips the change of the trend. Often it is appearing on the end of the fifth Elliott wave. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S5 is generated when on the long bear trend RBCI and PCCI show overbought market. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S6 is generated while the long bear trend SATL decreasing but STLM is still above zero line. In the same time PCCI > 100 that means overbought market. That signals are appearing at the beginning of bearish trend when the market shows high volatility. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S7 is a reversible signal which appears after the first bull correction is up word. That correction is after the intersection of declining FATL with SATL. Signal arising after the maximum of FATL indicator. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).

S8 is generated when in the same bar FATL intersects SATL and RFTL simultaneously. Often that signal allows taking a change of the trend at the bullish trend completion. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S9 is a signal that appears at the bear trend continuation after the bullish correction. The rules which describe the signal are third Elliott wave (or C impulsive correction Elliott wave) formalization and they show high reliability. Usually S9 is appearing few bars after the point where STLM crosses the zero line from positive to negative values. That means the bear trend is already formed and is in their strength. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S10 is a modification of S9. The rules which describe the signal are third Elliott wave (or C impulsive correction Elliott wave) formalization and they show high reliability. Usually S10 is appearing few bars after the point where STLM crosses the zero line from positive to negative values when the bear trend is already formed and is in their strength. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S11 is a signal that appear at the bear trend continuation after the bullish correction too. The rules which describe the signal are third Elliott wave (or C impulsive correction Elliott wave) formalization and they show high reliability. Usually S11 is appearing few bars after the point where STLM crosses the zero line from positive to negative values when the bear trend is already formed and is in their strength. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S12 is a modification of S2A signal and allows to take some cases which our realization of S2A signal is missing. In this point of view S12 is some kind an addition to the S2A signal.
S13 is a signal at the bear trend continuation after the bullish correction. FATL, FTLM, RBCI indicators have to be in the same direction. FATL has a maximum which is above decreasing RSTL. That requires additional restriction: RFTL has to increase when signal is appearing. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S14 is a modification of S13 signal and allows to take some cases which S13 signal missing. FATL has a maximum which is below decreasing RSTL and above SATL and RFTL. RFTL increasing when signal is appearing. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).
S15 is a modification of S13 signal and allows to take some cases which S13 signal missing. FATL has a maximum which is below decreasing RFTL and RFTL < SATL. FATL, FTLM, RBCI, STLM, RSTL indicators have to be in the same direction at the moment when signal arising. Sell price is chosen above or equal to the Open price of the next day (day after the signal appears).

Stop orders signals
Here are described stop signals for short orders. All is the same for the long orders but in opposite direction.
SS1: Previous bar of FTLM and RBCI and last two bars of the STLM have to be green. This stop signal stops the orders after the minimum point of the STLM. Usually this is the end of the third Elliott wave (or C correction wave) which normally is one of the best places for closing the open positions.
SS2: FTLM[2] < 0 and FTLM[1] > 0 and last two bars of the STLM have to be green. SS2 stops the orders later than SS1. This happens when wave 4 makes significant correction (e.g. Zigzag) or when wave 5 has complete.
SS3: PCCI increasing and PCCI[1] > 0 and last two bars of the RBCI are green. This stop signal is useful in flat market and stops the orders after RBCI minimum has form.
SS4: FTLM is forming a minimum two bars behind. Stop signal, useful in flat markets too.
SS5: FATL crosses SATL upward. This is a universal stop signal, useful in any cases. SS5 is similar to SS2 and can show you when wave 4 makes significant correction (e.g. Zigzag ) or when wave 5 has complete.
System decisions (signals recognition) are based on comprehensive set of rules. All rules are coded with MQLII language and tested in backtest and real mode using very advanced MetaTrader trading platform.
|
 |
 |
EWI News Feed |
|
 |
 |
Forex Autotrading
|
|
Let ZuluTrade drive trades by specialists into your FX account FOR FREE!
ZuluTrade`s autotrading platform is used by not only the occasional traders but also by the BIG investors.
More than 2,000 signal providers and systems from which you can select the most appropriate.
20,000+ pips result by top 5 signal providers in the last 365 days.
A 400% growth in live traders in the period of one year. You could be one of them and take advantage of all the benefits offered by ZuluTrade`s platform!
|
|
|