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Attachments: Consecutive Candles Williams %R and Volume with 55EMA Baseline
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Consecutive Candles Williams %R and Volume with 55EMA Baseline

  • Post #301
  • Quote
  • Edited at 2:44pm Jun 20, 2019 1:54pm | Edited at 2:44pm
Today is really bad. However I got 113 pips profit since Tuesday, now I have 3 usdjpy cannibalized all of them, clsoed them manually, I do not understand why ea did not close it. Opened 3 buys then turnt into freefall.....

Do not be too sad, I continue running.
Quoting ChicagoRob
Would it be possible to include a global TP setting? I had a situation last night with +$27 float, which turned into -$8 this morning. It would be nice to have a TP that would work on the entire basket.
Will add basket closing in the next version....
Vucking good EA coder...
And just found the error with closing ALL trades not only with specific magic no....
Vucking good EA coder...
Quoting nihilist23uk
Thanks to cfudge for this great thread and idea. Also big thanks and respect to reteid2222 for your great work so far. Ive seen your work before and you amaze me. Just testing the EA out on 5min only so I can get a fix on how things are working.I know things are not 100% yet but looks promising in both strategy and programming.. Today as I speak I have my open negative trades are equal to banked closed trades. If I set "allowable...
Allowable trades means the maximum of trades running...the EA looks on this restriction if set when =before trying to open new trade...setting to 0 will open no new trades even the old were closed....
Vucking good EA coder...
Quoting reteid2222
{quote} Will add basket closing in the next version....
Quoting reteid2222
{quote} Allowable trades means the maximum of trades running...the EA looks on this restriction if set when =before trying to open new trade...setting to 0 will open no new trades even the old were closed....
This function is not working. I set to max no. of 5 trades. But it took 11 trades!
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Thanks to Retina for her work on the EA. I/we look forward to the next version with bugs and rules fixed and new additions.

Thanks to all contributors and testers. Keep up the good work.

I am still testing manually, until new EA is out. I will post weekly results again tomorrow.

Chris
I just want to warn people that I did not have the greatest backtests with normal pairs, my best were commodities like gold, copper, silver...

You must do your due diligence on the pairs (and time frames) you wish to trade. This method is not an ATM cash producing system. Some pairs lost money and some TFs were not great, either. My backtests were mostly daily and went back 3-5 years.

Just to show a different approach...these tests (see charts) are examples of the first ones done, before I introduced the 55ema, onto the Williams %R. This is the kind of tests you need to do to make sure you are trading profitable pairs. I said a few pages back that testing a system is not an easy task, it takes alot of time and effort. The results of which are now presented in a tidy EA, but backtests are still required to make sure you are going to make profit going forward.

Chris
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Quoting reteid2222
{quote} Allowable trades means the maximum of trades running...the EA looks on this restriction if set when =before trying to open new trade...setting to 0 will open no new trades even the old were closed....
Thank you for your reply. So,maybe future version should have a "take no more trades" option, so we can stop trading but allow EA it to manage open positions. That way we can extract ourselves from the market.
D.

EDIT: maybe as a workaround we can do this now by using the max spread option and adjusting it to 1 point ?
D.
Quoting cfudge
{quote} Hi Salim From what I see you have no SL (if that's ok for you, I know you like a sl) Also I would make it so you can have more than one trade in one direction (you are set to only 1 right now) Chris
How would this matter,if ea closes trades on opposite Williams line. Surely it would close a buy trade before being able to open a sell .
Its late,maybe im tired and missing something.
Thanks,
D.
Quoting nihilist23uk
{quote} How would this matter,if ea closes trades on opposite Williams line. Surely it would close a buy trade before being able to open a sell . Its late,maybe im tired and missing something. Thanks, D.
Hi nihilist23uk

If you are referring to why we would want more than 1 trade open in the same direction, let me suggest, if a trade to sell is opened but price goes against us and Williams%R goes back above -20 line we can then get a new entry at a higher price. Williams%R can then move down over the -80 line giving a profit for the second trade, the first trade may also be in profit but not necessarily. So, instead of being a loss we offset our loss or even get an overall profit by having the second trade opened in the same direction. This goes for 3-4-5...trades, on this same theme, by trading all the TFs we get an extra way to offset losses.

Now go to bed

Chris
Quoting cfudge
{quote} Hi nihilist23uk If you are referring to why we would want more than 1 trade open in the same direction, let me suggest, if a trade to sell is opened but price goes against us and Williams%R goes back above -20 line we can then get a new entry at a higher price. Williams%R can then move down over the -80 line giving a profit for the second trade, the first trade may also be in profit but not necessarily. So, instead of being a loss we offset our loss or even get an overall profit by having the second trade opened in the same direction. This...
Thank you Chris, Im very tired. I was seeing it as a buy and sell open at the same time instead of 2x buys or 2 x sells.
Thanks for putting me straight.
Good night.
Quoting cfudge
I just want to warn people that I did not have the greatest backtests with normal pairs, my best were commodities like gold, copper, silver... You must do your due diligence on the pairs (and time frames) you wish to trade. This method is not an ATM cash producing system. Some pairs lost money and some TFs were not great, either. My backtests were mostly daily and went back 3-5 years. Just to show a different approach...these tests (see charts) are examples of the first ones done, before I introduced the 55ema, onto the Williams %R. This is the...
Wow....this is time consuming.....
Attached Image
Vucking good EA coder...
Quoting tdeliev
What does it mean this error? {image}
You have here set a fixed sl...we don t need this...I ll remove in next version!
Vucking good EA coder...
Next try .....this indicator now shows all entries correctly...
Attached File
File Type: ex4 cfudge - Williams, EMA & Vol V2.02 - Simple Arrow+AlertV8.0.ex4   128 KB | 269 downloads
Vucking good EA coder...
Retina, would you mind adding the option to use either 1st, second or 3rd dot in the next version of the EA. My personal feeling is that 3rd is way too late without any disrespect to Chris.
Thanking you most sincerely.
Hercs
Quoting Hercs
Retina, would you mind adding the option to use either 1st, second or 3rd dot in the next version of the EA. My personal feeling is that 3rd is way too late without any disrespect to Chris. Thanking you most sincerely.
explain and post some screenshots please1
Vucking good EA coder...
Hi Retina, 90% accuracy to land of gold Aussie.
Inserted Video
  • Post #319
  • Quote
  • Edited at 8:35am Jun 21, 2019 7:39am | Edited at 8:35am
Quoting reteid2222
{quote} explain and post some screenshots please1
Correct me if I am wrong, but the present entry only comes after the 3rd dot on the candles?
I am requesting that we can adjust that ourselves during this testing phase as 3rd candle is too slow.

Thanks for your time.

Sorry I omitted the screenshot.
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Hercs
Great work, Retina!
So, I have been running & testing v1.00. But now, V2.02 does not load to my chart.
What new or updated indicator am I missing?
In my indicator folder I have:
consecutive candles 1_02
VolumeAndVolatilty update

& use williams2.tpl


Thanks,
cdk
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