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Attachments: Channel MA Short-Term System
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Channel MA Short-Term System

Hi traders,

One more day green pips. I've just closed the basket, 77 net pips. I started to switch on the EA just 30 minutes before London open. I made the basket with these 22 pairs: EU, GU, NU, AU, EJ, AJ, GJ, EA, EC, EG, GC, GA, AC, ACH, NC, CJ, CHJ, UC, UJ, UCH, CCH, CHJ.
Have just one big loss, AUDCH. I closed some trades manually, USDCH and AUDUSD with small loss, AUDJPY-CHJPY-CADJPY in good profit.

Here the numbers:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 89 KB



keep on with this amazing thread!
thank you Mikey and Damien.


TONI
Quoting forexdaist
Hi traders, One more day green pips. I've just closed the basket, 77 net pips. I started to switch on the EA just 30 minutes before London open. I made the basket with these 22 pairs: EU, GU, NU, AU, EJ, AJ, GJ, EA, EC, EG, GC, GA, AC, ACH, NC, CJ, CHJ, UC, UJ, UCH, CCH, CHJ. Have just one big loss, AUDCH. I closed some trades manually, USDCH and AUDUSD with small loss, AUDJPY-CHJPY-CADJPY in good profit. Here the numbers: {image} keep on with this amazing thread! thank you Mikey and Damien. TONI
well done tony. great results. I have just downloaded and installed the EA, I am struggling with the operating times, I live in the USA which is 7 hours behind the UK. my broker GMT time is set to 3 and the opening time is set to 05.00 how do i work out if this is correct? thanks in advance.
Just trying to put a kiss on the cheek of success
OK, DD took a trade for me, although I’m thinking it’s an opposite scenario, the EA has at least taken a trade. Thank you, I’ll update with my minimal results...
Quoting MickeyMar
{quote} Hi Sam, 2 arrows are not better than 1, actually. it's not a sign the trend or signal is stronger - it's just that 2 crossovers happened instead of 1. My advice is to start with 1 trade open at the same time, which means you would take no re-entry signals unless the previous signal resulted in a profit or loss. MAX OPENED TRADES = 1 Yes, you can use manual variations of the system, if you failed to get the actual entry for any reason. But my advice is still to stick to the "first" signals, the ones that change direction, at first. Then add...
Thanks , I got you MM.
this pair was getting very low during US afternoon session of course to the extent I got out on break even as I do not want to be glued to the screen.
It did move nicely producing around twenty pips or so in beginning of Asian session.
As I understand you trade from Europe it makes a big difference with pair and session selection.
Have to figure out couple of others that could work during my timezone
Looking forward to see the results of the basket trader.
My Regards
What goes up will come down...
Regarding testing of EU from Jan 2 through last Friday, and going through all the data to remove trades executed outside of agreed upon times, and removing any trades on NFP, and using 40 40 TP SL, here are the final results:
(I also periodically went back through the charts to check actual candle data, and removed 3 to 4 trades each month)
Sorry for sloppy data. Tabs in original document do not display properly here.


2017 EU 40_40
--------------W L BE
Jan 1 - Feb 3 - 4 4
Feb 4 - Mar 3 -.5-- 1
Mar 4 - Mar 31- 1 1 1
Apr 3 - Apr 28- 3 1.7 3
May 1 - Jun 2- 6 2 3
Jun 5 - Jun 30- 2 3
Jul 3 - Aug 4- 3 2 1
Aug 7 - Sept 1- 4 1 4
Sep 4 - Oct 6- 4 1 3
Oct 9 - 23-- 3 1 0
Totals 28 16 19 = 556 pips (approx.)
Quoting diamonddbw
Regarding testing of EU from Jan 2 through last Friday, and going through all the data to remove trades executed outside of agreed upon times, and removing any trades on NFP, and using 40 40 TP SL, here are the final results: (I also periodically went back through the charts to check actual candle data, and removed 3 to 4 trades each month) Sorry for sloppy data. Tabs in original document do not display properly here. 2017 EU 40_40 --------------W L BE Jan 1 - Feb 3 - 4 4 Feb 4 - Mar 3 -.5-- 1 Mar 4 - Mar 31- 1 1 1 Apr 3 - Apr 28- 3 1.7 3 May 1...
Your effort is appreciated , so my eyes are widening when multiplying by 10 pairs ...
What goes up will come down...
  • Post #267
  • Quote
  • Edited at 12:42am Oct 24, 2017 12:26am | Edited at 12:42am
Quoting sam68
{quote} Your effort is appreciated , so my eyes are widening when multiplying by 10 pairs ...
++++++++++++++++++++++

I've performed cursory tests on a few other pairs. GU & UJ performed the best, but not nearly as well as EU. Other pairs I've looked at, without editing MT4's results, all showed negative balances over the last 10 months.

imho, The EA can do a wonderful job, however personal oversight is needed on all trades. Do your research to see the best parameters for all pairs you choose to trade.
Some problem here with 1.1 Ea...
I've 2 different broker with quite same setup.. all with delayed set to true but why i don'have any order entries in activtrades?
Thanks
Regards

https://i.gyazo.com/1ce089a1f683ec78...3ef6346ccb.png
Hi all
With DD 1.1 EA, do you get open orders according with the rules ?
Quoting cescof
Some problem here with 1.1 Ea... I've 2 different broker with quite same setup.. all with delayed set to true but why i don'have any order entries in activtrades? Thanks Regards {image}
Hi,
Do you have an error logged in your Terminal logs tab at the time where it should have open the order?

I have found a bug about pip value with some broker that will be fixed in the next release, maybe it's related with your issue.
  • Post #271
  • Quote
  • Edited at 7:04am Oct 24, 2017 6:41am | Edited at 7:04am
Hi Damiend, sorry to be a pain but i am slightly confused ref gmt broker time. i am -7 hours behind the UK but am using a UK broker. can you tell me the correct GMT broker time to insert? and can you disable the time limits so that you can trade at any time?
thanks in anticipation.
Just trying to put a kiss on the cheek of success
good morning guys
Im still learning the system before i use it in a ea i want to learn it proprely so i still struggle to evade the flase signal maibe with a tight stop loss but i dont want to smuther the trade
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15_LI (2).jpg Size: 985 KB

Guys i still dint do the discord channel cause only one person reply
Still waiting on your opinons
Quoting Msmaximus
good morning guys Im still learning the system before i use it in a ea i want to learn it proprely so i still struggle to evade the flase signal maibe with a tight stop loss but i dont want to smuther the trade{image} Guys i still dint do the discord channel cause only one person reply Still waiting on your opinons
Msmaximus, GBPJPY has high volatility, at the beginning you would better start from major pairs which MickeyMar uses in his trading:
Quoting MickeyMar
For now, I started with EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCHF. Not because they are necessarily "better", but because i know them better.
regarding your loss, there are no perfect systems without losses and noone promised you a holy grail,
the best thing you can do as a trader is to follow rules and mm. That's it.
Quoting fotolia
{quote} Msmaximus, GBPJPY has high volatility, at the beginning you would better start from major pairs which MickeyMar uses in his trading: {quote} regarding your loss, there are no perfect systems without losses and noone promised you a holy grail, the best thing you can do as a trader is to follow rules and mm. That's it.
Ty for your input i apreciate, something that i alredyt know but its alwys good to ear it to make us realistics
Quoting pet3250
Hi Damiend, sorry to be a pain but i am slightly confused ref gmt broker time. i am -7 hours behind the UK but am using a UK broker. can you tell me the correct GMT broker time to insert? and can you disable the time limits so that you can trade at any time? thanks in anticipation.
Hi pet3250,
You will have to find your broker GMT time and enter it into the BrokerGMT parameter. Then the start date and end date to specify are GMT hours.
It means if your broker is at GMT+3 and you want to trade between 9AM and 5PM your broker time, you will have:

  1. start date : 06:00 (your broker time - 3)
  2. end date : 14:00 (your broker time - 3)
  3. BrokerGMT : 3

But you could trade at any time too, and it's default behavior actually. UseTradingTimes=false means the EA will trade at any time.

Quoting damiend
{quote} Hi, Do you have an error logged in your Terminal logs tab at the time where it should have open the order? I have found a bug about pip value with some broker that will be fixed in the next release, maybe it's related with your issue.
i have a supply and demand zone indicator that may help in eliminating false entries... All of these rules would be greatly helped with a zone indicator. At least to help know to close.
Quoting damiend
{quote} Hi pet3250, You will have to find your broker GMT time and enter it into the BrokerGMT parameter. Then the start date and end date to specify are GMT hours. It means if your broker is at GMT+3 and you want to trade between 9AM and 5PM your broker time, you will have: start date : 06:00 (your broker time - 3) end date : 14:00 (your broker time - 3) BrokerGMT : 3 But you could trade at any time too, and it's default behavior actually. UseTradingTimes=false means the EA will trade at any time.
Thanks for the reply Damiend, looking forward to seeing some testing results. I have noticed that even when it is running with an open trade there is still a sign at the bottom left saying, "stopped" that cant be correct?

I appreciate all of your work and efforts.
Just trying to put a kiss on the cheek of success
Overnight results...
Attached Image (click to enlarge)
Click to Enlarge Name: closed.JPG Size: 254 KB

No surprisingly, these are mostly losers, I guess where the SL works.
The open trades all look good.
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Click to Enlarge Name: Capture.JPG Size: 59 KB

When I woke up I manually changed some of the open trades to increase protection. I am in Missouri, US Central time.
Marc -- Saint Louis, MO -- USA
Over 70 pips this morning. Would have had more except I moved the SL on a couple of trades too close to price and got stopped out, still profitable. Thanks, Mickey, for this outstanding trading system.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 23 KB
Thanks for your tests and your patience guys. Attached is the new version 1.2

The new features for this version are:

  1. A trailing stop.
    You will need to configure TrailingStop and TrailingStep for that. Set TrailingStop=0 to disable it.
  2. MinBarsBetween2Signals parameter which is the Minimum number of candles between 2 valid signals to avoid multicross
  3. CloseTradesAtOtherChannelSide parameter to close the trade when price closes on the other side of the channel
  4. TradingBrokerStartTime and TradingBrokerEndTime have been renamed to TradingGMTStartTime and TradingGMTEndTime. Sorry for that, but I noticed the old names were confusing and wrongs because it's not a broker time.
  5. A new simple UI that displays the EA status, a one click button to disable/enable the EA, and a one click button to open a manual trade. the UI can be disabled with the settings, or you can disable the "trade now" button only (for those who are now scared by manual trading ;-).
    Warning: the "trade now" button will open a trade immediately using the all the EA parameters (for Lot size, breakeven, trailing stop SL, TP...). It will place a SELL if the price is below the channel or a BUY if the price is above the channel.
  6. A bug fix for some brokers pip calculation.
    Another warning: the EA will work on currencies only for now. It will not work on gold and silver for example.


The multipair closing strategy will come in another version. I think it's better to ensure we don't have too much bugs before adding this ;-)

Attached File
File Type: ex4 DD-channel-MA-1.2.ex4   53 KB | 373 downloads
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