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Attachments: Daily System With BBands + MACD + Currency Strength
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Daily System With BBands + MACD + Currency Strength

  • #21
  • Nov 9, 2017 3:50am Nov 9, 2017 3:50am
Quoting Nooby114
Quick update : - Added the option to choose your start and end dates in the trade detail indi ( Which I forgot to add originally ) - Fixed a problem with choosing the time options in the EA I'm testing them further myself now before I post the new versions tonight Also it looks like Tokyo session has been really bad for most of the templates today, here's to hoping London would bring more pips Remember that a big reason why I opened this thread is to get feedback and ideas on how we can improve the system and I'll do my best to add those...
Joined the testing

can increase the display area for maximum profit and loss? when trading large lot will not fit all the information
Attached Image
  • #22
  • Nov 9, 2017 4:04am Nov 9, 2017 4:04am
Quoting rushamg
{quote} Joined the testing can increase the display area for maximum profit and loss? when trading large lot will not fit all the information {image}
Easy enough

Changelog for v3.2

- Expanded the EA dashboard a little bit
- Fixed an error with the start and end time

Attached File(s)
File Type: ex4 Nooby_AIO_3.2.ex4   133 KB | 320 downloads
  • #23
  • Nov 9, 2017 4:12am Nov 9, 2017 4:12am
Quoting Nooby114
{quote} Easy enough Changelog for v3.2 - Expanded the EA dashboard a little bit - Fixed an error with the start and end time {file}
thank you for your promptness! as I understand it in your templates trade is conducted from 00.00 to 13.00 GMT?
  • #24
  • Nov 9, 2017 4:28am Nov 9, 2017 4:28am
Quoting rushamg
{quote} thank you for your promptness! as I understand it in your templates trade is conducted from 00.00 to 13.00 GMT?
That's right. I stopped trading London as I noticed it's mostly resulting in losses.

Starting Next week I will also starting 1 more template that will be for London only and also with Basket mode Enabled because so far I've been focusing on non-Basket mode
  • #25
  • Nov 9, 2017 5:26am Nov 9, 2017 5:26am
Quoting rushamg
{quote} Joined the testing can increase the display area for maximum profit and loss? when trading large lot will not fit all the information {image}
Hi Nooby,
How to display the Dashboard ?
My screen does not show any dashboard like Rushamg.
Please kindly advise. Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 57 KB
  • #26
  • Nov 9, 2017 5:37am Nov 9, 2017 5:37am
Quoting JmYm
{quote} Hi Nooby, How to display the Dashboard ? My screen does not show any dashboard like Rushamg. Please kindly advise. Thank you. {image}
If you can't see it that means you did not attach the EA so try this :

1) Download the new EA version 3.2 and try to add it to the chart manually
2) Reload the template
3) Check that the auto trading Button above is enabled ( Green )
4) Check in the Common tab of the EA options that you have live trading enabled
5) Check the Expert Tab below and if you see Zero Divide it means you didn't install the loadhistory script and you MUST do so

Unrelated note but why do you have the Extra Filter Indicator in the middle of the FXM ones like this FYI it doesn't have to be there and you don't need it on the same chart. The EA doesn't use that indicator in it's calculations, I just made it so that you can confirm that the EA is only taking trades when Both MACD and BB are showing Green or Red arrows which means the EA is working as intended. Or you can load it in another chart if your screen is not fitting
  • #27
  • Nov 9, 2017 5:43am Nov 9, 2017 5:43am
Incoming High Impact US news in about an hour

A quick heads up for everyone in case you missed it, there are options in the EA at the very bottom for you to trade the news or stop the EA during them
  • #28
  • Nov 9, 2017 6:28am Nov 9, 2017 6:28am
Quoting JmYm
{quote} Hi Nooby, How to display the Dashboard ? My screen does not show any dashboard like Rushamg. Please kindly advise. Thank you. {image}
Also check the position of the EA using the x and y axis settings
  • #29
  • Nov 9, 2017 6:57am Nov 9, 2017 6:57am
Quoting Nooby114
{quote} If you can't see it that means you did not attach the EA so try this : 1) Download the new EA version 3.2 and try to add it to the chart manually 2) Reload the template 3) Check that the auto trading Button above is enabled ( Green ) 4) Check in the Common tab of the EA options that you have live trading enabled 5) Check the Expert Tab below and if you see Zero Divide it means you didn't install the loadhistory script and you MUST do so Unrelated note but why do you have the Extra Filter Indicator in the middle of the FXM ones like this...

Hi Nooby,
I'd found the problem. The EA is working fine (although losing in trades today ).
The key is at the "Dashboard Pos" option (X_Offset & Y_Offset). It's solved (first picture). Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 95 KB


Another thing : Could you look at the second picture ?
If I'm not mistaken; trades only open when both BB and MACD indicators show same arrow (either both Green UP or both Red Down), right ?
So (for example) why NZDCHF trade opened, while BB is Red Down and MACD is Flat Yellow ?
Please advise.
Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled1.png Size: 69 KB
  • #30
  • Nov 9, 2017 7:21am Nov 9, 2017 7:21am
Quoting JmYm
{quote} Hi Nooby, I'd found the problem. The EA is working fine (although losing in trades today ). The key is at the "Dashboard Pos" option (X_Offset & Y_Offset). It's solved (first picture). Thank you. {image} Another thing : Could you look at the second picture ? If I'm not mistaken; trades only open when both BB and MACD indicators show same arrow (either both Green UP or both Red Down), right ? So (for example) why NZDCHF trade opened, while BB is Red Down and MACD is Flat Yellow ? Please advise. Thank you. {image}
I forgot about that but it was suggested by Pwest in the post right above you, glad you found the problem. And yes today is one of the worst days for the EA in the past couple months if not the worst actually and I hope tomorrow it recovers quick

So today in general there were lots of bad trades and even the ones that were going in the right direction were hit by a big reversal so maybe that's what happened here in the second image ?

Maybe at the time the EA opened the trade the conditions were actually met but quickly after things reversed ?

If you were monitoring the terminal at the exact time the EA opened a trade and MACD was not read yet the EA still opened a Sell trade then there is an error I need to find

One good way to check is to do this :

- Open a chart with the pair in question ( NZDCHF in the pic you attached )
- Put BBands 1 and BBands 2
- Put MACD ( 13-25-5 )
- Check both those indicators in the 5M and 15M chart at the exact time the EA opened a trade
  • #31
  • Nov 9, 2017 10:49am Nov 9, 2017 10:49am
Quoting Nooby114
{quote} I forgot about that but it was suggested by Pwest in the post right above you, glad you found the problem. And yes today is one of the worst days for the EA in the past couple months if not the worst actually and I hope tomorrow it recovers quick So today in general there were lots of bad trades and even the ones that were going in the right direction were hit by a big reversal so maybe that's what happened here in the second image ? Maybe at the time the EA opened the trade the conditions were actually met but quickly after things reversed...
Today (Russian ruble)
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-11-09_21-42-27.png Size: 10 KB
  • #32
  • Nov 9, 2017 10:52am Nov 9, 2017 10:52am
Quoting Nooby114
{quote} I forgot about that but it was suggested by Pwest in the post right above you, glad you found the problem. And yes today is one of the worst days for the EA in the past couple months if not the worst actually and I hope tomorrow it recovers quick So today in general there were lots of bad trades and even the ones that were going in the right direction were hit by a big reversal so maybe that's what happened here in the second image ? Maybe at the time the EA opened the trade the conditions were actually met but quickly after things reversed...
it would be nice to add a dashboard with a list of 28 couples and a maximum of profit and loss in pips on open positions, so you can pick up a take profit and stop
  • #33
  • Nov 9, 2017 12:56pm Nov 9, 2017 12:56pm
Quoting rushamg
{quote} Today (Russian ruble) {image}
It has been a very bad day for the EA today and as I said probably the worst since I started testing the system properly.

I looked into the problem in more details now and I think those 2 images combined can show us the problem

This is today's report for TPL 12 and we can see that even though it had trades going in the right direction there were closed early with low profit due to very big reversals

Attached Image (click to enlarge)
Click to Enlarge Name: TPL 12_ 11-9.png Size: 7 KB


And that is explained and shown very clearly here in the USDCHF chart for today ( The White labels are our orders from various different templates )

Attached Image (click to enlarge)
Click to Enlarge Name: 11-9-2017 8-47-51 PM.png Size: 15 KB


So I think if today we had our SL / TP set to higher values than what's in my templates, say TP and SL= 0.5 - 0.6 of the daily ATR we would have had better results

We will see how the system will play out tomorrow and next week and see if today was a bad exception or do we need to increase our TP / SL
  • #34
  • Nov 9, 2017 12:59pm Nov 9, 2017 12:59pm
Quoting rushamg
{quote} it would be nice to add a dashboard with a list of 28 couples and a maximum of profit and loss in pips on open positions, so you can pick up a take profit and stop
That is a very good idea and the kind of posts I made the thread for

Before I start coding this let me just make sure I understand your point. You want something like this for all current opened trades :

EURUSD Max Profit Gained in Pips = 50 and Max Loss in pips = 30
GBPUSD Max Profit Gained in Pips = 70 and Max Loss in pips = 40
----
----

Is that what you meant ?
  • #35
  • Nov 9, 2017 1:16pm Nov 9, 2017 1:16pm
After testing and making sure it worked properly here's the Detailed Trading Report indicator with the time option added ( Which I forgot to add previously )

Attached File(s)
File Type: ex4 Nooby_Detailed_Trade_Report_3.2.ex4   44 KB | 356 downloads


I also got a couple of members requests to accept values likes 1/-1 from the FXM Diff in the EA's logic as they can adjust FXM Diff to say trading level 2 if they wanted instead. So here's the edited version

Attached File(s)
File Type: ex4 Nooby_AIO_3.3.ex4   79 KB | 335 downloads


And last but not least, here's a new template that should give more accurate entrance points for our trades with raised TP / SL values and Basket mode enabled


Attached File(s)
File Type: tpl Nooby_BB_MACD_TPL_17.tpl   124 KB | 351 downloads
  • #36
  • Nov 9, 2017 8:14pm Nov 9, 2017 8:14pm
I just noticed a couple of the templates started opening orders for the day. Lets see what Crazy Friday will bring us today. Good luck to all and here is to hoping today we recover some losses
  • #37
  • Nov 9, 2017 8:44pm Nov 9, 2017 8:44pm
Quoting Nooby114
{quote} I forgot about that but it was suggested by Pwest in the post right above you, glad you found the problem. And yes today is one of the worst days for the EA in the past couple months if not the worst actually and I hope tomorrow it recovers quick So today in general there were lots of bad trades and even the ones that were going in the right direction were hit by a big reversal so maybe that's what happened here in the second image ? Maybe at the time the EA opened the trade the conditions were actually met but quickly after things reversed...
Hi Nooby,
I have checked some trades randomly according to your suggestion, and I found all 3 Indis are signaling the same direction when those trades opened. It means the EA is working perfectly (no bug on that ).

So the problem is as your said : before the trades hit TP or profit locked, market suddenly reverse.
That's also raise a question : Can we detect reversal on every running trade ?
If we can do that (and I think we can, by using the same 3 Indis), then EA should close all those kind of trades (either in loss or profit).
But if the EA do that, how would it effect the performance ? Would it raise Net Profit and decrease the Drawdown ?
  • #38
  • Nov 9, 2017 8:53pm Nov 9, 2017 8:53pm
Quoting JmYm
{quote} Hi Nooby, I have checked some trades randomly according to your suggestion, and I found all 3 Indis are signaling the same direction when those trades opened. It means the EA is working perfectly (no bug on that ). So the problem is as your said : before the trades hit TP or profit locked, market suddenly reverse. That's also raise a question : Can we detect reversal on every running trade ? If we can do that (and I think we can, by using the same 3 Indis), then EA should close all those kind of trades (either in loss or profit)....
Hi Jmym

Glad to know you confirmed that the EA is working as intended. As for your suggestion as you describe the reversal, if this happened the EA will open a trade in the opposite direction but not close the current one.

I've done some tests in the past and found that especially around news release times there may be sudden spikes that will reverse all signals but then continue going in the original direction after some time. So if we had closed the original trade and opened a reverse one we lose both ways and probably lose big, while if we allowed a trade to be in the opposite direction but not closing the original one I don't think we will end up losing as much

But I've not really tested that specific point long enough to know if on the long run it will help the performance or not. I can however add it as an EA option for you to choose to close the trade on reverse signals or not. Would you like that option to be added ?

One more thing to add, I've seen that reverse happen a lot almost right after we open a trade during NY session and almost most of the trades opened during the first 2 - 4 hours of the TO session. But usually LO saves the day and end up recovering our losses and add more gains and sometimes big gains

Yesterday was one of the worst days if not the worst for the EA because LO didn't recover for the EA as it usually does so it just made the situation worse.

Starting from Monday I'll have a couple of templates that will work only during London and then I will know for sure how good that will be, although I can already see from the trade report indicator that London is our best time session and NY is the worst while TO is so so
  • #39
  • Nov 9, 2017 8:57pm Nov 9, 2017 8:57pm
Quoting JmYm
{quote} Hi Nooby, I have checked some trades randomly according to your suggestion, and I found all 3 Indis are signaling the same direction when those trades opened. It means the EA is working perfectly (no bug on that ). So the problem is as your said : before the trades hit TP or profit locked, market suddenly reverse. That's also raise a question : Can we detect reversal on every running trade ? If we can do that (and I think we can, by using the same 3 Indis), then EA should close all those kind of trades (either in loss or profit)....
One more thing to add, I've seen that reverse happen a lot almost right after we open a trade during NY session and almost most of the trades opened during the first 2 - 4 hours of the TO session. But usually LO saves the day and end up recovering our losses and add more gains and sometimes big gains

Yesterday was one of the worst days if not the worst for the EA because LO didn't recover for the EA as it usually does so it just made the situation worse.

Starting from Monday I'll have a couple of templates that will work only during London and then I will know for sure how good that will be, although I can already see from the trade report indicator that London is our best time session and NY is the worst while TO is so so
  • #40
  • Nov 9, 2017 9:14pm Nov 9, 2017 9:14pm
Quoting Nooby114
{quote} Hi Jmym Glad to know you confirmed that the EA is working as intended. As for your suggestion as you describe the reversal, if this happened the EA will open a trade in the opposite direction but not close the current one. I've done some tests in the past and found that especially around news release times there may be sudden spikes that will reverse all signals but then continue going in the original direction after some time. So if we had closed the original trade and opened a reverse one we lose both ways and probably lose big, while...
Hi Nooby,

"I can however add it as an EA option for you to choose to close the trade on reverse signals or not. Would you like that option to be added ?"

That also can be an option added to the EA. Thank you.

I tend to agree with you that London is usually our best time session, although it is not an absolute rule (cause we are dealing with living & very dynamic market after all ).
Btw, things could change when UK is officially separated from Europe and London is no longer the largest world financial center.
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