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Trader Dale - daily trading levels

  • #8,701
  • Sep 6, 2017 6:49am Sep 6, 2017 6:49am
Quoting Foxinvest
{quote} Thank you for providing your EA. I have read the EA manual but would like to clarify the following if I can? To trade the EA 24 hours a day. i.e. not just during session times. Do I do the following: 1. In "Filters" change the 'Non-trading Start Time (broker)' and 'Non-trading Stop Time (broker)' to the same time? eg. both could be 00:00? 2. In "Timing" change each of the three sessions 'Start Hour' and 'Stop Hour' to the same time? eg. all six could be 1?
I don't know if your suggestions work.
I let the sessions starting times overlap with other sessions if I want to trade 24 hours. For example:

London Session Start Hour: 9
London Session Stop Hour: 17
NY Session Start Hour: 16
NY Session Stop Hour: 2
Asian Start Hour: 1
Asian Stop Hour: 10
  • #8,702
  • Sep 6, 2017 9:49am Sep 6, 2017 9:49am
Quoting Foxinvest
{quote} Thank you for providing your EA. I have read the EA manual but would like to clarify the following if I can? To trade the EA 24 hours a day. i.e. not just during session times. Do I do the following: 1. In "Filters" change the 'Non-trading Start Time (broker)' and 'Non-trading Stop Time (broker)' to the same time? eg. both could be 00:00? 2. In "Timing" change each of the three sessions 'Start Hour' and 'Stop Hour' to the same time? eg. all six could be 1?
To enable EA trading 24 hours without stopping you should:

  1. Enter two equal positive values for Start and Stop trading hour for any session. Shown in section B of screenshot.
  2. Adjust non-trading hours. Shown in section C of screenshot.

You may also swithch of any session entering two equal negative values for it. Shown in section A of screenshot.
All written above have no relation with Red News filter which may cause trading pauses.

Attached Image (click to enlarge)
Click to Enlarge Name: Снимок 5.png Size: 67 KB


GU-Night (https://www.forexfactory.com/gu-night) solution will also work.
BR, alex
  • #8,703
  • Sep 6, 2017 11:21am Sep 6, 2017 11:21am
Hi Sevan.

I just wanted to ask about how the EA is treating levels during the news window we create before/after high impact news. CAD just blew through a level I'd listed during the news but entered as soon as the 15 min window was over about 140 pips further down!!

I've attached a screenshot. As you can see the level was at 1.2346 but entered as soon as the 15 min window had elapsed at 1.2209!...fortunately I escaped with a winner here but I'd prefer the EA to be functioning properly.

My understanding is that it has two functions - traded and tested?...any pending order where the price is hit (even if in the news window) should surely be treated as traded?

Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-09-06 at 17.16.27.png Size: 17 KB
  • #8,704
  • Sep 6, 2017 7:07pm Sep 6, 2017 7:07pm
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Attached File(s)
File Type: txt 20170807.txt   < 1 KB | 221 downloads
  • #8,705
  • Sep 7, 2017 7:42am Sep 7, 2017 7:42am
Quoting DarwinFX
Hi Sevan. I just wanted to ask about how the EA is treating levels during the news window we create before/after high impact news. CAD just blew through a level I'd listed during the news but entered as soon as the 15 min window was over about 140 pips further down!! I've attached a screenshot. As you can see the level was at 1.2346 but entered as soon as the 15 min window had elapsed at 1.2209!...fortunately I escaped with a winner here but I'd prefer the EA to be functioning properly. My understanding is that it has two functions - traded and...
Hi DarwinFX

Did you have any other filters activated such as monstermove filter and/or maximal slippage filter, these filters should also prevent this from happening, I think?

Cheers.
  • #8,706
  • Sep 7, 2017 10:19am Sep 7, 2017 10:19am
Hello guys!
August is over and I can say that it was quite a tough month to trade. Probably the toughest in the past year.
Check out how it went for me and for members of my Pro Forex Course here:
http://www.trader-dale.com/market-profile-trading-strategy-august-2017-trade-recap/
  • #8,707
  • Sep 7, 2017 11:04am Sep 7, 2017 11:04am
Quoting Trader-Dale
Hello guys! August is over and I can say that it was quite a tough month to trade. Probably the toughest in the past year. Check out how it went for me and for members of my Pro Forex Course here: http://www.trader-dale.com/market-profile-trading-strategy-august-2017-trade-recap/
what is your commission per trade?
  • #8,708
  • Sep 7, 2017 1:08pm Sep 7, 2017 1:08pm
Quoting GU-Night
{quote} Hi DarwinFX Did you have any other filters activated such as monstermove filter and/or maximal slippage filter, these filters should also prevent this from happening, I think? Cheers.
Hi GU-Night - yeah i have the monster move set at 100 pips and max slippage set to 0.5 pips. I don't think that's the issue as this trade was entered 16 mins after the news spike (my setting is half hour before and 15 mins after) so spreads, speed of move etc had all calmed down a bit by then. I don't have access to the code but I'm going to assume that it basically stops "doing anything" during the news window..such as looking for a level being tested/traded and then only starts doing things again when the news window has finished.
  • #8,709
  • Sep 7, 2017 1:36pm Sep 7, 2017 1:36pm
Quoting januszo
compare {file}
Hell.
I got beatin on eu today.
Low volume yesterday candles tricked me.
  • #8,710
  • Sep 7, 2017 1:59pm Sep 7, 2017 1:59pm
Quoting DarwinFX
{quote} Hi GU-Night - yeah i have the monster move set at 100 pips and max slippage set to 0.5 pips. I don't think that's the issue as this trade was entered 16 mins after the news spike (my setting is half hour before and 15 mins after) so spreads, speed of move etc had all calmed down a bit by then. I don't have access to the code but I'm going to assume that it basically stops "doing anything" during the news window..such as looking for a level being tested/traded and then only starts doing things again when the news window has finished.
I don't know how it is now but the Red News filter worked before. It labeled a level as 'traded or tested' if the level was touched or tested during the news window and did not trade the level after the news window. In short; it worked correctly.

Could it be that the market never touched the level because it gapped below your level and therefore the EA did not label the level as 'traded or tested'. Like you probably know USDCAD went down 270 pips in 1 minute, it most probably did not touch every point in the way down. Maybe that is the cause, but this are just my thoughts, I don't know the code either.
  • #8,711
  • Sep 7, 2017 5:13pm Sep 7, 2017 5:13pm
Quoting DavidRP
{quote} what is your commission per trade?
try fxcc xl acc
till 10k eu they have no commissions
10 lots max trade, keep rest on separate account
  • #8,712
  • Sep 11, 2017 12:48am Sep 11, 2017 12:48am
Quoting sevan62
{quote} To enable EA trading 24 hours without stopping you should: Enter two equal positive values for Start and Stop trading hour for any session. Shown in section B of screenshot. Adjust non-trading hours. Shown in section C of screenshot. You may also swithch of any session entering two equal negative values for it. Shown in section A of screenshot. All written above have no relation with Red News filter which may cause trading pauses. GU-Night (https://www.forexfactory.com/gu-night) solution will also work.
Thanks for your reply.

Is the EA you have kindly provided here the same as the one for Trader Dale members? I have recently signed up for membership but not sure if I need to download the EA from the membership site or if I should just continue to use this one? The one on the membership site expires whereas this one doesn't so I'd prefer to just use this one?
  • #8,713
  • Sep 11, 2017 2:02am Sep 11, 2017 2:02am
Quoting DarwinFX
Hi Sevan. I just wanted to ask about how the EA is treating levels during the news window we create before/after high impact news. CAD just blew through a level I'd listed during the news but entered as soon as the 15 min window was over about 140 pips further down!! I've attached a screenshot. As you can see the level was at 1.2346 but entered as soon as the 15 min window had elapsed at 1.2209!...fortunately I escaped with a winner here but I'd prefer the EA to be functioning properly. My understanding is that it has two functions - traded and...
I've never seen this issue before, will try to catch it. Expert log may be usefull.
BR, alex
  • #8,714
  • Sep 11, 2017 2:04am Sep 11, 2017 2:04am
Quoting Foxinvest
{quote} Thanks for your reply. Is the EA you have kindly provided here the same as the one for Trader Dale members? I have recently signed up for membership but not sure if I need to download the EA from the membership site or if I should just continue to use this one? The one on the membership site expires whereas this one doesn't so I'd prefer to just use this one?
EA for Dale's site is the same but it has a bit more functionality. Live account protection features are added. Balace protection, Equity protection and Margin protection. Nothing more.
BR, alex
  • #8,715
  • Sep 11, 2017 2:34pm Sep 11, 2017 2:34pm
Quoting sevan62
{quote} EA for Dale's site is the same but it has a bit more functionality. Live account protection features are added. Balace protection, Equity protection and Margin protection. Nothing more.
Agsinst what are those protections ?
  • #8,716
  • Sep 11, 2017 3:51pm Sep 11, 2017 3:51pm
Quoting januszo
{quote} Hell. I got beatin on eu today. Low volume yesterday candles tricked me.
I think i ve cooled down after last eu disaster ( 2 sl 1 tp on eu in one day)
And i hope in next few days i ll be picking only strong levels.without rush for many.
  • #8,717
  • Sep 12, 2017 8:22am Sep 12, 2017 8:22am
Quoting sevan62
{quote} To enable EA trading 24 hours without stopping you should: Enter two equal positive values for Start and Stop trading hour for any session. Shown in section B of screenshot. Adjust non-trading hours. Shown in section C of screenshot. You may also swithch of any session entering two equal negative values for it. Shown in section A of screenshot. All written above have no relation with Red News filter which may cause trading pauses. {image} GU-Night (https://www.forexfactory.com/gu-night) solution will also work.
When I input 02:00 as you suggest in C I get the message 'Non-Trading hours. Out of Time Session'. When I change to 02:00 and 02:01 the message changes to 'EA is working during normal Trading Hours'. Do I need to have at least a 1 minute difference? Why is this required? Does this just mean that the EA will not trade during this 1 minute period?
  • #8,718
  • Sep 12, 2017 6:47pm Sep 12, 2017 6:47pm
compare
Attached File(s)
File Type: txt 20170913.txt   < 1 KB | 233 downloads
  • #8,719
  • Sep 13, 2017 3:01pm Sep 13, 2017 3:01pm
If level is distsant more than 50 pips from spot then turn off event filter and rely on speed filter.what Do ya
think on appoarch like that? I see eg hitting levels during news when it is running from distance..

Any ou U have some form of red event database for usd ?
  • #8,720
  • Sep 13, 2017 3:14pm Sep 13, 2017 3:14pm
Hi fellow traders,

I'm not sure if any of you is using my EA. But because I specially made the EA for trading the methode who is used in this Thread. I feel the need to inform you that I updated my EA.

------------------------------------------------------------
There was a need for a small update. So I needed to create a New version V1.43

Solved issue:
In the last version I added: adding levels for longer then one day. "Bestof27" found a bug in it. The EA did not mention in some cases the date but only time. This issue is solved in version 1.43.

Click here for post 1 of my EA Thread where you can download the latest version (https://www.forexfactory.com/showthread.php?t=685378)

If you find some strange behavior in this version or have some add-on please let me know!

You can manage risk, but you can't manage the return
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