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Attachments: Trading FRAMA Ribbon only
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Trading FRAMA Ribbon only

Quoting northwind
Hi Joe, Woke up this morning and found a pleasant surprise. Thank you for the fast implementation. Really impressive. A few days ago I ran script ForceLoadHistoricalData. ..... Can anyone show where I went wrong in Strategy Tester? {image} {image} {image} {image} {image}
Found the problem. Tester data was old.
Reran ForceLoadHistricalData.
When run ForceLoadHistricalData the new data gets saved in an incremented new file. I doesn't replace previous data file.
For example:
EURUSD60_0.fxt is the data tester uses,
but EURUSD60_2.fxt is the most recent ForceLoadHistoricalData data.
Perfidious Pips
Quoting northwind
{quote} Found the problem. Tester data was old. Reran ForceLoadHistricalData. When run ForceLoadHistricalData the new data gets saved in an incremented new file. I doesn't replace previous data file. For example: EURUSD60_0.fxt is the data tester uses, but EURUSD60_2.fxt is the most recent ForceLoadHistoricalData data.
Nostalgia for the future
Quoting JoeeF
{quote} {quote} Installation: 1) Put indicator (frama ribbon 1.1 (arrows).ex4) in indicators folder: \MQL4\Indicators 2) Put EA (JFFramaRibbon.ex4) in experts folder: \MQL4\Experts 3) Put XML config (JFFramaRibbon.xml) in common files folder: \MetaQuotes\Terminal\Common\Files (If someone isn't able to locate common files folder please look here.) That's it. Notes: 1) MT5...
I've omitted inputs in previous version. So, a new version is here. It's only a little improvement for better experience in strategy tester.
Only replace EA with a new one.
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Attached Files
File Type: rar JFFramaRibbon_v1.01_MT4.rar   254 KB | 155 downloads
File Type: zip JFFramaRibbon_v1.01_MT4.zip   253 KB | 137 downloads
Nostalgia for the future
Thanks Joe,
Ran some tests with new version 1.01.
The new interface is great.
Next task is to get tick data for testing.
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Perfidious Pips
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Perfidious Pips
Still need to get tick data.

Ran strategy tester with optimizer on TP & SL.
Configured with optimized TP & SL for frama period 13:
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Results:
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Perfidious Pips
After getting optimized frama period = 14, ran again to optimize TP & SL.
Results are SL = 160 and TP ' 110.
Strategy Tester with frama period = 14, TP = 110 and SL = 160.
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Perfidious Pips
GBPUSD H1 Optimizer results:
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Perfidious Pips
Hi Joe,

Great job. Thank you for your EA.
The new user interface makes it much, much easier and faster to use in Strategy Tester.
It runs without a hitch in Strategy tester and matches buys & sells on a regular chart.
To improve winning profit percent, can the EA be programmed to incrementally add to winning trades?
For example add-on BUY:
When EA takes a BUY and price moves x-points up, add one additional BUY, then price moves x-points up, add one additional BUY, etc.
User sets the value for x-points and lot size for incremental BUYS.
All BUYS have the same TP and SL as the original BUY.

For example add-on SELL:
When EA takes a SELL and price moves x-points down, add one additional SELL, then price moves x-points down, add one additional SELL, etc.
User sets the value for x-points and lot size for incremental SELLS.
All SELLS have the same TP and SL as the original SELL.

Thanks again for your creativity and generous work.
All the best,
John
Perfidious Pips
Quoting northwind
The new user interface makes it much, much easier and faster to use in Strategy Tester. It runs without a hitch in Strategy tester and matches buys & sells on a regular chart.
This is important message.
Quoting northwind
To improve winning profit percent, can the EA be programmed to incrementally add to winning trades? For example add-on BUY: When EA takes a BUY and price moves x-points up, add one additional BUY, then price moves x-points up, add one additional BUY, etc. User sets the value for x-points and lot size for incremental BUYS. All BUYS have the same TP and SL as the original BUY. For example add-on SELL: When EA takes a SELL and price moves x-points down, add one additional SELL, then price moves x-points down, add one additional SELL, etc. User sets...
I'll look at this.
Nostalgia for the future
Quoting JoeeF
{quote} This is important message. {quote} I'll look at this.
Hi Joe,
You have done some fantastic work on this EA.
The new user interface is much easier to understand and use than editing XML files.
Perfidious Pips
Quoting northwind
{quote} Hi Joe, You have done some fantastic work on this EA. The new user interface is much easier to understand and use than editing XML files.
Yes. It's much easier to use this EA in strategy tester with this option. MT4 strategy tester has limitation for only one symbol.
However, if someone will be using for example 15 symbols in one EA and more strategies - editing XML will be necessity.
Nostalgia for the future
Quoting northwind
Hi Joe, Great job. Thank you for your EA. The new user interface makes it much, much easier and faster to use in Strategy Tester. It runs without a hitch in Strategy tester and matches buys & sells on a regular chart. To improve winning profit percent, can the EA be programmed to incrementally add to winning trades? For example add-on BUY: When EA takes a BUY and price moves x-points up, add one additional BUY, then price moves x-points up, add one additional BUY, etc. User sets the value for x-points and lot size for incremental BUYS. All BUYS...

have you considered the EA choosing a lot size based on user defined risk %?

for example, the user wants to risk 1% per trade. the ea would calculate this based on stop loss and account equity.
Quoting alblive
{quote} have you considered the EA choosing a lot size based on user defined risk %? for example, the user wants to risk 1% per trade. the ea would calculate this based on stop loss and account equity.
Hi alblive,
Thanks for your comments.
A good idea, something to consider for future implementation.
Have to consider Joe's time and effort, which he has generously shared.
At this point I'd like to take it step-by-step and make sure the EA is working.
Please make a note and check back.
Thanks.
Perfidious Pips
Hi John
This is what I meant in the PM

Chris
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Quoting alblive
{quote} have you considered the EA choosing a lot size based on user defined risk %? for example, the user wants to risk 1% per trade. the ea would calculate this based on stop loss and account equity.
Yes, you're right. You can see empty <STRATEGY_MONEY_MANAGEMENT> tag in config XML. I haven't implemented it till now.
It isn't so easy. I need robust solution for both MT4 and MT5 terminals.
regards
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Nostalgia for the future
Quoting cfudge
Hi John This is what I meant in the PM Chris {image}
Hi Chris,
Joe has done a terrific job with this EA. All credit goes to him.
Only tested on H1. I guess H4 should be next
I ran a couple different pairs through strategy tester optimizer.
Round 1 was optimize max profit on frama period and the two multipliers. The frama range to optimize over was quite large.
Round 2, using best values from round 1, optimize max profit on TP & SL.
My data isn't the best and only tested/optimized on 5 months of data.
As you know this process takes a considerable amount of time.
Also, after getting a round 1 optimal value for frama range I reran optimizer using micro steps around the first optimum value to try and zero in on the best value. Optimizer didn't find any improvement.
An interesting finding is the larger TP & SL values.
They also arrived at local peak values, getting worse profit when changed higher or lower.
All this is probably an artifact of my crappy data.
Another finding is using TYPICAL Price which eliminates many of the small, quick reversals.

Hey, give it a try and let me know your results, or if you find the holy grail.
Perfidious Pips
Quoting cfudge
Hi John This is what I meant in the PM Chris {image}
Results for GBPUSD H4
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Perfidious Pips
Hey Joe,
Reply to PM.
Red arrows are example vs. Frama Ribbon.
Example on H1 and H4.
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Perfidious Pips
@ northwind: Do you have any settings for the XAUUSD pair on M15, M30 or H1? Thank you very much
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