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Mister ED's 4 hour Heikin Ashi system

  • #861
  • Sep 22, 2009 10:56am Sep 22, 2009 10:56am
Quoting LongBar
As per JRPips8 request: the new feature of reverse the trading trigger for market entry is added, see EntryMethod=3. This feature is to check out the potential of the strategy in a reversed way. Retracement trades are disabled with this entry method.

So if you want the EA to SELL when a BUY trigger is found (or the other way around) then set EntryMethod to 3.

JR: I am looking for your feedback as what results do you experience with this upside-down approach

Longbar
Hi LongBar,
I hope you still have in mind adding the news filter as some point. That will greatly enhance the EA as the best EAs are messed up by trades taken during news events. The news filter can be a life saver. Refer to my earlier post and the THV FF filter was earlier attached. Thanks
  • #862
  • Sep 22, 2009 4:02pm Sep 22, 2009 4:02pm
Mister ED,

I am Newbie and would much appreciate if you guide me tru on the ATR value.

1. Regarding the ATR - how do we read the ATR eg.GJ 50.1039 n GU 1.

2. According to your rules, if say the 2nd HA has a full body and same colour after the close .eg.GU ATR is 85 and candle is 55 ,how do we calculate on that? Do we enter the trade?

WTCMC
  • #863
  • Sep 22, 2009 4:22pm Sep 22, 2009 4:22pm
Mister ED,

After reading some pages, is there any difference if one is using a different broker.AM using FXDD.GMT+3.will results differ on same candle trade if any? And Do we actually have to open trade on the start of the day on 08.00 as mentioned couple of times by your goodself.

WTCMC
  • #864
  • Sep 23, 2009 9:35am Sep 23, 2009 9:35am
Mister ED, Sorry to trouble you again. ATR question again. in your rules, signal candle is 50%-200% of ATR is a valid trade,right,if for eg.
Signal candle GU is 106 n ATR is 99,does that mean 106/50% is 53 pips and it is lesser than 99,so no trade,right? or am I looking the picture wrongly.
Another Eg: GU 55pips and ATR 66, also no trade ka?

Probably I confuse myself but hope you dont mind taking a bit of your time to elaborate to newbies like me>

Thanks

WTCMC
  • #865
  • Sep 23, 2009 9:48am Sep 23, 2009 9:48am
Quoting wtcmc
Mister ED, Sorry to trouble you again. ATR question again. in your rules, signal candle is 50%-200% of ATR is a valid trade,right,if for eg.
Signal candle GU is 106 n ATR is 99,does that mean 106/50% is 53 pips and it is lesser than 99,so no trade,right? or am I looking the picture wrongly.
Another Eg: GU 55pips and ATR 66, also no trade ka?

Probably I confuse myself but hope you dont mind taking a bit of your time to elaborate to newbies like me>

Thanks

WTCMC
Hi WTMC
Yes you have confused yourself. In the last example if the ATR was 66 then a valid signal candle should be between 33 and 132 pips in length. As your candle was 55 then it is a valid signal.
In the first case the ATR is 99 so the valid range is from 50 to 198 pips, the signal candle was 106 so therefore it is a valid signal.

Mister ED
  • #866
  • Sep 23, 2009 12:08pm Sep 23, 2009 12:08pm
Quoting LongBar
As per JRPips8 request: the new feature of reverse the trading trigger for market entry is added, see EntryMethod=3. This feature is to check out the potential of the strategy in a reversed way. Retracement trades are disabled with this entry method.

So if you want the EA to SELL when a BUY trigger is found (or the other way around) then set EntryMethod to 3.

JR: I am looking for your feedback as what results do you experience with this upside-down approach

Longbar
Hi Longbar,

I've been running v1.1.0 on identical H1 accounts, with same parameters except for entry method.

One account is method 2, the other is 3, but they are taking identical trades. After 40+ trades they have identical trade lists and the balances are also identical.

I've double checked the settings and can't find anything obvious. Could you take a look at the set files?

entry method 2 account:
MagicNumber=20090110
EAPHelp=0:Chart TF, 1:1M, 2:5M, 3:15M, 4:30M, 5:1H, 6:4H, 7, 8:W, 9:M
EAPeriod=5
EMHelp=0:Standard entry only, 1:Retracement only, 2:Both standard and retracement, 3:Reversed standard entry
EntryMethod=2
RetraceTriggerPct=32.00000000
ATRMinimumTriggerPips=10
TDHelp=List of days to trade OR 'All' for every day (Mon,Tue,Wed,Thu,Fri,Sat,Sun)
TradeDay=All
TTHelp=Check for trade at bar times in HH:MM format OR 'All' for every bar (HH=00-23, MM=00-59)
TradeTimeMon=All
TradeTimeTue=All
TradeTimeWed=All
TradeTimeThu=All
TradeTimeFri=All
TradeTimeSat=All
TradeTimeSun=All
ExMHelp=0:Fixed TP1 off ATR, 1:Trailing SL on HAS bar, 2:TP1 + trailing HAS bar orders
ExitMethod=2
PLCHelp=Percent of lots for order with TP1 (ExitMethod=2 only)
TP1OrderLotsPct=50
MRDPHelp=Max price difference to open pair of orders
MaxOpenPriceDiff=10
MMMHelp=0:Off, 1:% of Acc/balance
MoneyMgtMethod=1
LHelp=Lot size when MoneyMgt is off (MoneyMgtMethod=0)
Lots1=0.10000000
Lots2=0.10000000
TRAPHelp=Account % to risk when MoneyMgt is on (MoneyMgtMethod=1)
TradeRiskAccPct=3.00000000
AMTPHelp=TP1 = ATR() * ATRMultiplierTP
ATRMultiplierTP=1.00000000
AMSLHelp=SL = ATR() * ATRMultiplierSL
ATRMultiplierSL=1.00000000
SMHelp=0:Off, 1:Backtest only, 2:Always
StatMethod=1
HAS_MA1_Method=2
HAS_MA1_Period=6
HAS_MA2_Method=3
HAS_MA2_Period=2
ATRPeriod=20
TwoStepOrderSubmit=1

entry method 3 account:
MagicNumber=20090110
EAPHelp=0:Chart TF, 1:1M, 2:5M, 3:15M, 4:30M, 5:1H, 6:4H, 7, 8:W, 9:M
EAPeriod=5
EMHelp=0:Standard entry only, 1:Retracement only, 2:Both standard and retracement, 3:Reversed standard entry
EntryMethod=3
RetraceTriggerPct=32.00000000
ATRMinimumTriggerPips=10
TDHelp=List of days to trade OR 'All' for every day (Mon,Tue,Wed,Thu,Fri,Sat,Sun)
TradeDay=All
TTHelp=Check for trade at bar times in HH:MM format OR 'All' for every bar (HH=00-23, MM=00-59)
TradeTimeMon=All
TradeTimeTue=All
TradeTimeWed=All
TradeTimeThu=All
TradeTimeFri=All
TradeTimeSat=All
TradeTimeSun=All
ExMHelp=0:Fixed TP1 off ATR, 1:Trailing SL on HAS bar, 2:TP1 + trailing HAS bar orders
ExitMethod=2
PLCHelp=Percent of lots for order with TP1 (ExitMethod=2 only)
TP1OrderLotsPct=50
MRDPHelp=Max price difference to open pair of orders
MaxOpenPriceDiff=10
MMMHelp=0:Off, 1:% of Acc/balance
MoneyMgtMethod=1
LHelp=Lot size when MoneyMgt is off (MoneyMgtMethod=0)
Lots1=0.10000000
Lots2=0.10000000
TRAPHelp=Account % to risk when MoneyMgt is on (MoneyMgtMethod=1)
TradeRiskAccPct=3.00000000
AMTPHelp=TP1 = ATR() * ATRMultiplierTP
ATRMultiplierTP=1.00000000
AMSLHelp=SL = ATR() * ATRMultiplierSL
ATRMultiplierSL=1.00000000
SMHelp=0:Off, 1:Backtest only, 2:Always
StatMethod=1
HAS_MA1_Method=2
HAS_MA1_Period=6
HAS_MA2_Method=3
HAS_MA2_Period=2
ATRPeriod=20
TwoStepOrderSubmit=1


Just as interesting, most, but not quite all, of the trades (exit2) for each account, also have 4 orders: 2 buy + 2 sell, all executed at the same time.
As though it's running simultaneously on the same account both regular strategy and opposite strategy trades.


JR
  • #867
  • Sep 23, 2009 3:57pm Sep 23, 2009 3:57pm
Quoting ianlikesgolf
I have finished reading this thread....
Hi ianlikesgolf,

As far as I can see you as well as JRpips8 are looking for the CloseOnOppositeSignal feature - to be used in non-trending markets and/or for reversed entry method. I am going to incorporate this feature next.

LB
  • #868
  • Sep 23, 2009 4:03pm Sep 23, 2009 4:03pm
Quoting watube
Hi LongBar,
I hope you still have in mind adding the news filter as some point. That will greatly enhance the EA as the best EAs are messed up by trades taken during news events. The news filter can be a life saver. Refer to my earlier post and the THV FF filter was earlier attached. Thanks
Hi watube,

It's still on the list - I just did not get that far yet It also likely require more time just an hour here and there to sit down and understand how that indicator/script works and find a proper use and way of incorporating it. If you have details re that I would be more than happy to listen to your ideas/links.

Cheers
Longbar
  • #869
  • Sep 23, 2009 4:12pm Sep 23, 2009 4:12pm
Quoting JRpips8
Hi Longbar,

I've been running v1.1.0 on identical H1 accounts, with same parameters except for entry method.

One account is method 2, the other is 3, but they are taking identical trades. After 40+ trades they have identical trade lists and the balances are also identical.

I've double checked the settings and can't find anything obvious. Could you take a look at the set files?

entry method 2 account:
MagicNumber=20090110
[size=1][color=blue]EAPHelp=0:Chart TF, 1:1M, 2:5M, 3:15M, 4:30M, 5:1H, 6:4H, 7,...
Hi JR,

Please ensure that the EA instances on the same pair are either running on different demo accounts or have different magic numbers. Well this is what comes to my mind first thing - though I will take a look at the code if I missed any obvious thing there

BTW do you see in the expert log tab messages like this?
... ManageEntry - trade trigger reversed to BUY (SELL)

LB
  • #870
  • Sep 23, 2009 5:04pm Sep 23, 2009 5:04pm
Quoting Mister ED
Hi WTMC
Yes you have confused yourself. In the last example if the ATR was 66 then a valid signal candle should be between 33 and 132 pips in length. As your candle was 55 then it is a valid signal.
In the first case the ATR is 99 so the valid range is from 50 to 198 pips, the signal candle was 106 so therefore it is a valid signal.

Mister ED
Mr. ed good Evening i am bomi in Houston, tx.
I have downloaded on my platform and attached your ATR and HASmoothed, But Cant find Horizontal Lines blue and Yellow lines for boxes etc. on my chart!! Also ATR should be 20 or minus 20?
Pl. Clarify! thanks in advance.
  • #871
  • Edited Sep 24, 2009 12:00pm Sep 23, 2009 5:14pm | Edited Sep 24, 2009 12:00pm
Quoting LongBar
Hi JR,

Please ensure that the EA instances on the same pair are either running on different demo accounts or have different magic numbers. Well this is what comes to my mind first thing - though I will take a look at the code if I missed any obvious thing there

BTW do you see in the expert log tab messages like this?
... ManageEntry - trade trigger reversed to BUY (SELL)

LB

Hi Longbar,

Same magic # but different accounts. No duplicate pair charts on same account.

Yes, I see expert log entries like ...ManageEntry - trade trigger reversed to BUY.

Also see lots of entries like
2009.09.23 15:01:15 MisterED_v1.1.0 NZDJPY,H1: ERROR: IterateOrders - multiple orders for same leg found, disabling EA (0, 7810084.00000000, 7810083)


Jr


Update: Oops! I found a duplicate instance of an H1 account hiding under 15' charts on the M15 monitor.
I closed it, reset the H1 MrEd and Opposite accounts and they've been trading for about 12 hours. No more errors like the above.

Very preliminary results:
H1 18pr Opposite trade-20 closed trades, 8 open trades, up $3,800 on 25k starting balance with 3% risk with exit2.
H1 18pr MrEd original signal- 30 closed trades, 10 open trades, down $4,700 using same 25k starting balance and 3% risk with exit2.
  • #872
  • Sep 23, 2009 7:49pm Sep 23, 2009 7:49pm
Hi All,
I am new to MT4 this thread seems to have some potential you have written an EA to auto place stops and take profits I believe my question is this where do I oplace this ea in mt4 to get it to work I am not thinking of auto trading but to have the stops etc calculated for me would be great.
  • #873
  • Sep 23, 2009 8:37pm Sep 23, 2009 8:37pm
I was trying to find the indicator that displays 4 bars, daily, 4 hr, 1 hr and 30 min.... with read, yellow and green showing the trend for each time frame. Does anyone have an indicator like this?

Multi time frame - trend indicator
Gator - Trader Learning and Earning
  • #874
  • Sep 24, 2009 1:33am Sep 24, 2009 1:33am
try this one its over at forex TSD.
Signal bars

http://www.forex-tsd.com/168064-post1.html

ianlikesgolf
  • #875
  • Sep 24, 2009 6:01am Sep 24, 2009 6:01am
Thank you, but I have that one. there is a better once the only shows trend and it shows up at the bottom of the chart/

Quoting ianlikesgolf
try this one its over at forex TSD.
Signal bars

http://www.forex-tsd.com/168064-post1.html

ianlikesgolf
Gator - Trader Learning and Earning
  • #876
  • Sep 24, 2009 5:10pm Sep 24, 2009 5:10pm
September has been a great month with some big trends. How many pips have you guys made so far this month?
  • #877
  • Sep 24, 2009 10:00pm Sep 24, 2009 10:00pm
Quoting Jaula
September has been a great month with some big trends. How many pips have you guys made so far this month?
I had too many stop lossess compared to decent profits. Also a few just over break even.

Does the ea check back an extra bar (the 3rd index from 0 bar) if the 1 before the just closed bar was out of limits (50 - 200%).
Or even check back the extra bar if the 2 bar is red & blue.

Gee that sounds complicated. Try it another way.
We are on the 0 bar. When it closes it is the 1 bar. We compare that to the 2 bar to see if the colour has changed. What if the 2 bar is crap, like a nothing traded or moved bar or even miles too big. Do we check further to the 3 bar.
I can understand using 3 if 2 is too small. However if it is too big then we are basicly too late, the move has happened. But then we dont know if it will still continue for a useful period though.

I must be bored - all this dribbling.

cheers scalpz
Target 2 : Stoploss in the green
  • #878
  • Sep 25, 2009 3:34am Sep 25, 2009 3:34am
Hi Longbar,

Since loading ea v1 I am not getting any trades entered and when I run the strategy tester I get the following error in the journals.
2009.09.25 12:06:38 2009.09.24 23:59 Cannot open file 'Crogram FilesMetaTrader - Alpari UKexpertsindicatorsHeiken_Ashi_Smoothed.ex4' on the GBPJPY,H4

Any idea why it isn't working?

Thanks!
  • #879
  • Sep 25, 2009 10:28am Sep 25, 2009 10:28am
Quoting ianforex
Hi Longbar,

Since loading ea v1 I am not getting any trades entered and when I run the strategy tester I get the following error in the journals.
2009.09.25 12:06:38 2009.09.24 23:59 Cannot open file 'Crogram FilesMetaTrader - Alpari UKexpertsindicatorsHeiken_Ashi_Smoothed.ex4' on the GBPJPY,H4

Any idea why it isn't working?

Thanks!
This means that the HAS indicator is not installed on the MT terminal. To fix this download the indicator from the very first post and copy it to the C:/Program Files/MetaTrader - Alpari UK/experts/indicators folder. Then restart your MT and try again the EA.

Hope this would help.
  • #880
  • Sep 25, 2009 1:21pm Sep 25, 2009 1:21pm
Hi Longbar,

Thanks for the suggestion, I had a different version loaded "HA smoothed revision 2". I have gone back to the original version as suggested and I'll see how it goes.

Thanks again.
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