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Simple Daily Trend Reversal Trading System

  • #441
  • Nov 28, 2017 7:06am Nov 28, 2017 7:06am
@shehza = check ur dealer , sume do NOT allow EA's ! - - - try other dealer on demo to C if problem persist
da n0o0b + $hit_Disturber
  • #442
  • Nov 28, 2017 7:15am Nov 28, 2017 7:15am
Quoting pipsy7
@shehza = check ur dealer , sume do NOT allow EA's ! - - - try other dealer on demo to C if problem persist
that is not the problem, I am trading with another EA with same broker.
  • #443
  • Nov 28, 2017 7:28am Nov 28, 2017 7:28am
Quoting Alastair
IS this setup on E/U still valid? I am a little concerned that the MBFX Is already on its way to Oversold?? Any thoughts?? {image}
I kept my S/L really tight on this trade and got stopped out @ +1.
Keep It Simple Stupid
  • #444
  • Nov 28, 2017 7:32am Nov 28, 2017 7:32am
Quoting ebeckers
Ok here is version 1.07 New is the news filter. Please copy FFCal.ex4 to your indicators and enable news filtering in EA settings Version 1.07 1.07 - added news filter ( needs FFCal indicator to be installed) - fixed dashboard refresh issue 1.06 - fixed bug with trailing stop - fixed bug that EA was opening just 1 order even if there where valid signals on multiple pairs - dashboard: show buy/sell signal when all indicators are valid - cleaned up code 1.05 - fixed bug dashboard was not refreshing somtimes when switching between timeframes 1.04 -...
trailing stoploss/profit not working
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  • #445
  • Nov 28, 2017 7:35am Nov 28, 2017 7:35am
Quoting rushamg
{quote} trailing stoploss/profit not working {image} {image}
A little more info would be nice ;-)
Why do you think it is not working ?
  • #446
  • Nov 28, 2017 7:43am Nov 28, 2017 7:43am
Stop loss not working for me, either. I watched gbpusd go down to -30 pips and nothing happened. I finally did a manual close at -23 pips.
Attached Image (click to enlarge)
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  • #447
  • Nov 28, 2017 7:52am Nov 28, 2017 7:52am
Guys this is why we test on demo. I surely hope that no one is using this EA live yet!

It is completely normal to have some minor bugs and errors in a newly created EA.

ebeckers has done a fantastic job creating this dashboard, and with everyone working together testing it, things will only get better.
Truth is like poetry. And most people f*cking hate poetry.
  • #448
  • Nov 28, 2017 8:01am Nov 28, 2017 8:01am
Quoting rushamg
{quote} trailing stoploss/profit not working {image} {image}
I think its working. I tested it and noticed the first trailing stop trigger moved.
You have an interesting result.... 7 wins and 10 losses, yet still in profit. With a win rate of 41%, there may be ways to improve that. It seems you're trading off the 1hr chart?
  • #449
  • Nov 28, 2017 8:04am Nov 28, 2017 8:04am
Quoting ChicagoRob
Stop loss not working for me, either. I watched gbpusd go down to -30 pips and nothing happened. I finally did a manual close at -23 pips. {image}
If stoplossAtZigZagArrow is set to true , then the OrderHiddenSL is set to the price at which the zigzag arrow appeared
And that could easily be > 30 pips. So pls check where the zigzagarrow was and if that was > 30pips pls
  • #450
  • Nov 28, 2017 8:10am Nov 28, 2017 8:10am
Quoting timidave
{quote} I think its working. I tested it and noticed the first trailing stop trigger moved. You have an interesting result.... 7 wins and 10 losses, yet still in profit. With a win rate of 41%, there may be ways to improve that. It seems you're trading off the 1hr chart?
I closed them manually
  • #451
  • Nov 28, 2017 8:28am Nov 28, 2017 8:28am
Quoting ebeckers
{quote} A little more info would be nice ;-) Why do you think it is not working ?
how these settings work? when passing profit in 15 pips, must record the profit in 13 pips based on the settings below:
Attached Image

right?
  • #452
  • Nov 28, 2017 8:35am Nov 28, 2017 8:35am
How the trailing stop works:

lets assume
OrderTS1 =15
OrderTS1Trigger =20
OrderTS2 =25
OrderTS1Trigger =30
OrderTS2 =35
OrderTS3Trigger =40
OrderTS4 =45
OrderTS4Trigger =50
OrderTrail = 10

Now:
When a new order is opened then
stoplossAtZigZagArrow=false -> the first virtual stoploss is set at - OrderHiddenSL pips .
stoplossAtZigZagArrow=true -> the first virtual stoploss is set at the tip of the zigzagarrow

When price reaches +20 pips (OrderTS1Trigger) the virtual stop loss is moved to +15 pips (OrderTS1)
When price reaches +30 pips (OrderTS2Trigger) the virtual stop loss is moved to +25 pips (OrderTS2)
When price reaches +40 pips (OrderTS3Trigger) the virtual stop loss is moved to +35 pips (OrderTS3)
When price reaches +50 pips (OrderTS4Trigger) the virtual stop loss is moved to +45 pips (OrderTS4)
--
when price reaches +56 pips the virtual stop loss is set moved to +46 pips (price - Ordertrail)
when price reaches +57 pips the virtual stop loss is set moved to +47 pips (price - Ordertrail)
when price reaches +58 pips the virtual stop loss is set moved to +48 pips (price - Ordertrail)
when price reaches +59 pips the virtual stop loss is set moved to +49 pips (price - Ordertrail)
...

hope this makes sense
  • #453
  • Nov 28, 2017 8:42am Nov 28, 2017 8:42am
Quoting ebeckers
How the trailing stop works: lets assume OrderTS1 =15 OrderTS1Trigger =20 OrderTS2 =25 OrderTS1Trigger =30 OrderTS2 =35 OrderTS3Trigger =40 OrderTS4 =45 OrderTS4Trigger =50 OrderTrail = 10 Now: When a new order is opened then stoplossAtZigZagArrow=false -> the first virtual stoploss is set at - OrderHiddenSL pips . stoplossAtZigZagArrow=true -> the first virtual stoploss is set at the tip of the zigzagarrow When price reaches +20 pips (OrderTS1Trigger) the virtual stop loss is moved to +15 pips (OrderTS1) When price reaches +30 pips (OrderTS2Trigger)...
I thought so, the question then is why didn't work.....the price reached 15 pips, then went rolled back to 12.5, but the stop did not work:
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  • #454
  • Nov 28, 2017 8:57am Nov 28, 2017 8:57am
Quoting mrdfx
{quote} Yes ok I see what you saying. You could take it as you are trading a reentry after the pullback. Let us know how it turns out.
Just got knocked out due to Fed Chair speaking soon. But, picked up 83 pips on that one, so, happy.
  • #455
  • Nov 28, 2017 10:09am Nov 28, 2017 10:09am
I just closed out my first winner using this strategy

It was a sell on the GBPUSD 4h
Attached Image


Thanks mrdfx
  • #456
  • Nov 28, 2017 10:21am Nov 28, 2017 10:21am
Quoting pipsy7
{image}
-------7

alreadeee in Good Profits$$$
da n0o0b + $hit_Disturber
  • #457
  • Nov 28, 2017 10:28am Nov 28, 2017 10:28am
Quoting russian30
I just closed out my first winner using this strategy It was a sell on the GBPUSD 4h {image} Thanks mrdfx
I took that one as well,but closed it out at 50 pips as it was hovering. well done for hanging on in there !
  • #458
  • Nov 28, 2017 10:33am Nov 28, 2017 10:33am
Quoting ebeckers
{quote} If stoplossAtZigZagArrow is set to true , then the OrderHiddenSL is set to the price at which the zigzag arrow appeared And that could easily be > 30 pips. So pls check where the zigzagarrow was and if that was > 30pips pls
I'll have to check that. It's entirely possible that it was user error - wouldn't be the first time.
  • #459
  • Nov 28, 2017 11:47am Nov 28, 2017 11:47am
Quoting ebeckers
{quote} A little more info would be nice ;-) Why do you think it is not working ?
it took 60 pips, then went to 30 pips....and then it went into the minus....
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trailing stoploss/profit not working
  • #460
  • Nov 28, 2017 12:32pm Nov 28, 2017 12:32pm
Version 1.08

1.08
- changed default for trendline and zigzag/mbfx candles
- EA send same alert every minute
- made SMA15 more restrict
- use the Point & Digit values from the order-symbol when trailing stoploss
1.07
- added news filter ( needs FFCal indicator to be installed)
- fixed dashboard refresh issue
1.06
- fixed bug with trailing stop
- fixed bug that EA was opening just 1 order even if there where valid signals on multiple pairs
- dashboard: show buy/sell signal when all indicators are valid
- cleaned up code
1.05
- fixed bug dashboard was not refreshing somtimes when switching between timeframes
1.04
- added (hidden) trailing stoploss/profit
- fixed some false signals
1.03
- added auto trading feature
- added sending notifications to mobile and alerts to alert window
1.02
- made it work on any timeframe
1.01
- EA now only show pairs where setups are starting to happen
- made moving average period and moving average type configurable
- made # candles to look back for zigzag, mbfx, trendline configurable
- fixed some small bugs
1.00
- initial version
Attached File(s)
File Type: ex4 SimpleDailyTrendReversalv108.ex4   111 KB | 404 downloads
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