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AmazingEA: Automated Straddle Trading Expert Advisor

  • #321
  • May 22, 2017 8:53pm May 22, 2017 8:53pm
Quoting RichiRich99
Hi Alan, I plan to trade the german DAX / EurStoxx50 / DOW / NSDQ and SP500, but Im not shure how to configurate the Amazin EA. I need 10.00 SL / 5.oo PoAw Best wishes Chris
Hi Chris

The best option is to open a demo account with the same parameters as your live account and try setting up a trade for now (within the next 5 minutes - don't have to wait for a specific news time.)

Then see how the EA does. You may have to alter the Pointsaway and SL by factors of 10. For example, SL could be 10,100,1000, 10K - I don't know exactly.

Also, you have to very careful - you can easily over-leverage on Indices trades. For example, 0.01 lots with a SL of 100 points could equal $1000 loss possibly. You may also be more restricted about how close the SL can be and the spread might be higher than you thought. That is why Demo and Testing is the best option here.

Sorry I can't be more specific. But I do know the EA can trade indices as I tried it some years ago.

Regards

Alan
  • #322
  • May 25, 2017 4:48am May 25, 2017 4:48am
Quoting Alan111S
{quote} Hi Chris The best option is to open a demo account with the same parameters as your live account and try setting up a trade for now (within the next 5 minutes - don't have to wait for a specific news time.) Then see how the EA does. You may have to alter the Pointsaway and SL by factors of 10. For example, SL could be 10,100,1000, 10K - I don't know exactly. Also, you have to very careful - you can easily over-leverage on Indices trades. For example, 0.01 lots with a SL of 100 points could equal $1000 loss possibly. You may also be more...
Hi Alan,
thanxs for your help again.
I´m using the Amazing EA on demo for indices and it works excellent. The spread is ok, my broker offers very small garanteed spreads for indices...I let you know if it works as good on real as on demo...

Chris
  • #323
  • Jun 14, 2017 6:51am Jun 14, 2017 6:51am
Version 9.09 Released

15 May 2017
Version 9.09 Modified by Alan Prothero
Changed type of Input Parameters from 'extern' to 'input' due to an update to MetaEditor
Changed some filenames in Experts-Files
Changed Magic Number Generation to be less random - now uses Newstime like old AmazingEA
-this is so that if you restart the EA it will continue to manage existing trades.
  • #324
  • Jun 15, 2017 6:13am Jun 15, 2017 6:13am
Hi Alan,
I´m using Version 9.07, what do I have to do to get the new version?

Chris
  • #325
  • Jun 15, 2017 7:15am Jun 15, 2017 7:15am
Quoting RichiRich99
Hi Alan, Im using Version 9.07, what do I have to do to get the new version? Chris
Hi Chris

I will send out updates for licensed users that want to upgrade over the weekend.

Alan
  • #326
  • Jun 15, 2017 7:37am Jun 15, 2017 7:37am
All

And the reason I don't send updates straight away is in case I spot a bug. I just spotted a small bug where the Trade History check only checks for previous trades that happened after News Time. Well that was OK for the Fibo EA that opened trades 5 minutes after news events but for the Amazing EA it should be checking any trade after NewsTime - SecBPO.

I'll fix that and issue 9.10 at the weekend. And send out updates to registered users.

Alan
  • #327
  • Jun 17, 2017 11:55pm Jun 17, 2017 11:55pm
Hi Alan,
I´m using the SlipCheck on my live-account ti reset the SL.
Is it possible to create the same reset for the TP, so that the TP (distance of opening of the position and TP) keeps te same?
Right now the position opens to close to the TP because of the slippage/gap....

Best regards
Chris
  • #328
  • Jun 21, 2017 7:57am Jun 21, 2017 7:57am
Quoting RichiRich99
Hi Alan, Im using the SlipCheck on my live-account ti reset the SL. Is it possible to create the same reset for the TP, so that the TP (distance of opening of the position and TP) keeps te same? Right now the position opens to close to the TP because of the slippage/gap.... Best regards Chris
I was pretty sure that Slipcheck resets TP as well unless TP=0. Maybe it never got a chance to reset it?

Alan
  • #329
  • Jun 21, 2017 8:01am Jun 21, 2017 8:01am
Version 9.10 Released

21 June 2017
Version 9.10 Modified by Alan Prothero
Changed History Checker to start looking at NewsTime-SecBPO

I had to make a slight update as trades opened during SecBPO (i.e. all of them) weren't being checked if they were in the trade history later. Doh! Which only matters to protect against opening a second trade by a rare chance.

Otherwise no changes.
  • #330
  • Jun 21, 2017 8:51am Jun 21, 2017 8:51am
Quoting Alan111S
{quote} I was pretty sure that Slipcheck resets TP as well unless TP=0. Maybe it never got a chance to reset it? Alan
Hi Alan,
how do I know if it got a chance to reset the TP? TP was 25Pips, after openening the position TP was 15Pips because of slippage...

Chris
  • #331
  • Jun 23, 2017 2:50am Jun 23, 2017 2:50am
Quoting RichiRich99
{quote} Hi Alan, how do I know if it got a chance to reset the TP? TP was 25Pips, after openening the position TP was 15Pips because of slippage... Chris
Hi Alan,
my mistake...The EA works, it shifts the TP and keeps is when using SlipCheck...

Chris
  • #332
  • Jun 29, 2017 1:25pm Jun 29, 2017 1:25pm
Quoting Alan111S
Version 9.10 Released 21 June 2017 Version 9.10 Modified by Alan Prothero Changed History Checker to start looking at NewsTime-SecBPO I had to make a slight update as trades opened during SecBPO (i.e. all of them) weren't being checked if they were in the trade history later. Doh! Which only matters to protect against opening a second trade by a rare chance. Otherwise no changes.
Hey mate, I installed the EA on my MT4 however I changed Points Away to 40 just to test but on the chart notification window it still shows 80, how come ??
  • #333
  • Jul 7, 2017 6:50am Jul 7, 2017 6:50am
Read all 17 pages and only 1 person said he had profitable trades with the EA on his live account. 2 trades on NFP. 1 trade per month.

Is anybody else using this EA in a real live account and find it profitable? or is news trading dead because of high slippage ?

Thanks
  • #334
  • Jul 10, 2017 8:10am Jul 10, 2017 8:10am
Quoting FX-Reaper
{quote} Hey mate, I installed the EA on my MT4 however I changed Points Away to 40 just to test but on the chart notification window it still shows 80, how come ??
I'm guessing a bit here but make sure you don't load settings from the spreadsheet. They override what is set in the EA. Best way to test is like it says in the instructions. Just initially, switch off the Autotrade and ReadSettings stuff and set it all manually until you get used to how it works.

Hope that helps

Alan
  • #335
  • Jul 11, 2017 4:06am Jul 11, 2017 4:06am
Hi Alan,
Ive installed the new version 9.10... when I load the stored data of the older version (older setups) it only loads the default data...
Do you have any idea?

Chris
  • #336
  • Jul 11, 2017 4:53am Jul 11, 2017 4:53am
Quoting RichiRich99
Hi Alan, Ive installed the new version 9.10... when I load the stored data of the older version (older setups) it only loads the default data... Do you have any idea? Chris
All

Please be aware that most of the settings are now _Pointsaway, _SL etc. I had to make this change due to a change in the MQL programming compiler. So this is the full list:-

_PointsAway=80
_PointsGap=2000
_ModifyGap=10
_TP=1000
_SL=100
_NYear=0
_NMonth=0
_NDay=0
_NHour=0
_NMin=0
_NSec=0
_CTCBN=0
_SecBPO=20
_SecBAO=5
_SecBMO=0
_STWAN=5
_OCO=true
_STOCO=3600
_BEPoints=0
_BEOffset=0
_TrailPoints=0
_TrailOffset=0
_TrailImmediate=false
_MM=false
_RiskPercent=1.0
_Lots=0.1
_MaxSpread=0
_AddSpreadToSL=true
_SlipCheck=false
_MaxSlippage=0
_AllowBuys=true
_AllowSells=true
UseBrokerTime=false
DeleteOnShutdown=false
AutoTradeNews=true
TradeNewsImpact=2
FilterByCurrency=false
ExcludeSpeeches=false
FFSymbol=
ReadSettings=false
SettingsFile=AmazingEA-Settings
TradeLog=AmazingEA
  • #337
  • Jul 12, 2017 2:16am Jul 12, 2017 2:16am
Hi Alan,
so how do I have to handle it? Do I have to type in the setup again and restore it or can I use/load my older setups?

Best regards,
Chris
  • #338
  • Jul 12, 2017 2:49am Jul 12, 2017 2:49am
Quoting RichiRich99
Hi Alan, so how do I have to handle it? Do I have to type in the setup again and restore it or can I use/load my older setups? Best regards, Chris
Hi Chris

If you edit your older setup files and put _ in front of the relevant settings you can then reload them. If it's a lot of work, zip them and send them to me by email as I have a good Text Editor that can do each setup in about 3 clicks/keystrokes. I'll fix them up and return them to you.

Alan
  • #339
  • Jul 12, 2017 5:29am Jul 12, 2017 5:29am
Hi Alan,
thanks for your quick answer.
Another question: Is it possible just to trade speaches with an CVS file.setting?
And when I want to you cvs files, can I erase all news which I don´t whant to trade, so the EA uses the default parameters (no buys/no sells)?

Chris
  • #340
  • Jul 12, 2017 6:27am Jul 12, 2017 6:27am
Quoting RichiRich99
Hi Alan, thanks for your quick answer. Another question: Is it possible just to trade speaches with an CVS file.setting? And when I want to you cvs files, can I erase all news which I dont whant to trade, so the EA uses the default parameters (no buys/no sells)? Chris
Chris

With the way the EA is setup right now, I haven't put any code to handle speeches except to exclude them. There are a few problems with the way it is setup now.

1) Some items are 'So and So Speaks' but this week we have 'Fed Yellen Testifies' so I can add the word 'Testifies' to the filter if required.
2) We also don't have a specific entry in the CSV for Speeches. I think it may be a good idea to have a particular entry for speeches, so one doesn't have to look for Draghi or Yellen etc. The currency would already be taken care of by the usual method of matching GBP or USD etc. The other advantage is that you can decide not to filter them out so they appear but switch off trading them instead.

Meanwhile I suggest that you either configure the EA manually. Or if you want to use the CSV, change all the existing trades to AllowBuys and AllowSells = FALSE and change the Default number 1 entry to AllowBuys and AllowSells =TRUE. Just make sure the Impact Level is HIGH only though.
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