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Simple Daily Trend Reversal Trading System

  • #1,221
  • Dec 15, 2017 9:15am Dec 15, 2017 9:15am
EA Version 1.15

Hi all, sorry for the lack of updates, Both my macs decided to die last week and so i had to wait for repairs.
Luckily they are back home now and we can start coding again !
Here's the latest version including some new features and a few bugfixes

v1.15
- added minsBetween2TradesOnSamePair . this setting specifies the nr or minutes before a new trade opened on the same pair
- ea no shows the last trade made for a specific pair so we can verify if minsBetween2TradesOnSamePair setting is working ok
- added missing pairs to default settings
- changed default setting for mbfxcandles from 5 to 10
- added email alerts
- changed sma15 rule. price of previous candle should just now be above/under sma15 to be considered a valid signal
Attached File(s)
File Type: ex4 SimpleDailyTrendReversal_v115.ex4   158 KB | 582 downloads
  • #1,222
  • Dec 15, 2017 9:30am Dec 15, 2017 9:30am
Quoting ebeckers
EA Version 1.15 Hi all, sorry for the lack of updates, Both my macs decided to die last week and so i had to wait for repairs. Luckily they are back home now and we can start coding again ! Here's the latest version including some new features and a few bugfixes v1.15 - added minsBetween2TradesOnSamePair . this setting specifies the nr or minutes before a new trade opened on the same pair - ea no shows the last trade made for a specific pair so we can verify if minsBetween2TradesOnSamePair setting is working ok - added missing pairs to default settings...
Thank you for all your hard work, I know everyone in this group greatly appreciates it!!.
  • #1,223
  • Dec 15, 2017 9:34am Dec 15, 2017 9:34am
Quoting ebeckers
EA Version 1.15 Hi all, sorry for the lack of updates, Both my macs decided to die last week and so i had to wait for repairs. Luckily they are back home now and we can start coding again ! Here's the latest version including some new features and a few bugfixes v1.15 - added minsBetween2TradesOnSamePair . this setting specifies the nr or minutes before a new trade opened on the same pair - ea no shows the last trade made for a specific pair so we can verify if minsBetween2TradesOnSamePair setting is working ok - added missing pairs to default settings...
Thanks a lot sir!
  • #1,224
  • Dec 15, 2017 9:38am Dec 15, 2017 9:38am
Thank you very much ebeckers, unique and priceless!!!
  • #1,225
  • Dec 15, 2017 10:33am Dec 15, 2017 10:33am
I would also like to say thank you very much for this excellent tool. So much good thinking and hard work went into this. There are many EA's on FF but this is one that actually works. The new updates are great! I have just started testing today and it has performed flawlessly. I still do not understand the trade management strategy that is built in. Personally, I am not a fan of the 'hidden' stop loss trailing stop school of thought but whatever works... right?
  • #1,226
  • Dec 15, 2017 10:37am Dec 15, 2017 10:37am
Quoting ebeckers
EA Version 1.15 Hi all, sorry for the lack of updates, Both my macs decided to die last week and so i had to wait for repairs. Luckily they are back home now and we can start coding again ! Here's the latest version including some new features and a few bugfixes v1.15 - added minsBetween2TradesOnSamePair . this setting specifies the nr or minutes before a new trade opened on the same pair - ea no shows the last trade made for a specific pair so we can verify if minsBetween2TradesOnSamePair setting is working ok - added missing pairs to default settings...
Thanks for your hard work and for the updates.
  • #1,227
  • Dec 15, 2017 10:47am Dec 15, 2017 10:47am
Quoting ebeckers
EA Version 1.15 Hi all, sorry for the lack of updates, Both my macs decided to die last week and so i had to wait for repairs. Luckily they are back home now and we can start coding again ! Here's the latest version including some new features and a few bugfixes v1.15 - added minsBetween2TradesOnSamePair . this setting specifies the nr or minutes before a new trade opened on the same pair - ea no shows the last trade made for a specific pair so we can verify if minsBetween2TradesOnSamePair setting is working ok - added missing pairs to default settings...
Ditto on the above compliments. So very grateful for your excellent work. Wishing us all many pips.
  • #1,228
  • Dec 15, 2017 11:33am Dec 15, 2017 11:33am
There may be a bug in the entry criteria. Here are pics of 2 trades that were entered AFTER the actual signal bar had passed:
Attached Image (click to enlarge)
Click to Enlarge Name: 12152017audusd ea test.PNG Size: 31 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 12152017euraud ea test.PNG Size: 35 KB
The EA time frame chart is set to 1 hour.
  • #1,229
  • Dec 15, 2017 11:40am Dec 15, 2017 11:40am
Quoting money123456
Exits: Would like to get everyone's view on best exits on 4H & D1 .....my thoughts: support & Resistance levels fixed SL / TP ratio 1:1 ...1:1.5 ?? 4H.....I am thinking 1:1 plus 1/3 of Average Daily Range place tailing stop of 1/3 of ADR and let it run as much as possible. This would lock in 1:1 with hope of getting a bit more if on a strong trend. D1.....I am thinking wait for opposite arrow ...Sheepy how are you exiting What is everyone else doing?

It's all subjective as far as exits. I have been trailing my winners down. The idea of exiting on the opposite arrow is good. On the daily you can expect some drawdown and pullback especially with the exotics but then the exotics do move nicely if you can handle the spreads.
  • #1,230
  • Dec 15, 2017 12:43pm Dec 15, 2017 12:43pm
Quoting ebeckers
EA Version 1.15 Hi all, sorry for the lack of updates, Both my macs decided to die last week and so i had to wait for repairs. Luckily they are back home now and we can start coding again ! Here's the latest version including some new features and a few bugfixes v1.15 - added minsBetween2TradesOnSamePair . this setting specifies the nr or minutes before a new trade opened on the same pair - ea no shows the last trade made for a specific pair so we can verify if minsBetween2TradesOnSamePair setting is working ok - added missing pairs to default settings...
Thank you for your time and your toughts on opens source. Very kind to share it, I hope you will continue sharing source for improvement and learning purspose.

Wish you good holiday's!
  • #1,231
  • Dec 15, 2017 12:44pm Dec 15, 2017 12:44pm
I took a bit of a hit today on the GBPNZD which pretty much killed my gains this week. Better luck next week
Attached Image (click to enlarge)
Click to Enlarge Name: Trade 512.GIF Size: 52 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Trade 513.GIF Size: 55 KB
  • #1,232
  • Dec 15, 2017 12:50pm Dec 15, 2017 12:50pm
Quoting russian30
I took a bit of a hit today on the GBPNZD which pretty much killed my gains this week. Better luck next week {image} {image}
GBP NZD killed me too and it look so good i even did it manually and it was verified on the EA i got excited. Dont worry next week will be better
  • #1,233
  • Dec 15, 2017 12:55pm Dec 15, 2017 12:55pm
Quoting russian30
I took a bit of a hit today on the GBPNZD which pretty much killed my gains this week. Better luck next week {image} {image}
Yup got me too, -150 pips.

GBP has been acting up this week, and doing it's own thing.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,234
  • Dec 15, 2017 1:41pm Dec 15, 2017 1:41pm
the daily on the gbpnzd gave a sell on 12/12/17 open 192857 it retraced a bit but still in a sell. up about 240 pips so far stop loss at 192357 will trail it down and lock in as much as I can but leave it room to breathe
  • #1,235
  • Dec 15, 2017 2:17pm Dec 15, 2017 2:17pm
Why do you guys risked so much in this trade?
Everyday better.
  • #1,236
  • Dec 15, 2017 2:18pm Dec 15, 2017 2:18pm
Thanks BOTH of you ! next wk will start with .02/lot$
Attached Image (click to enlarge)
Click to Enlarge Name: ea.png Size: 116 KB
da n0o0b + $hit_Disturber
  • #1,237
  • Dec 15, 2017 2:37pm Dec 15, 2017 2:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: ea1.png Size: 90 KB
da n0o0b + $hit_Disturber
  • #1,238
  • Dec 15, 2017 2:38pm Dec 15, 2017 2:38pm
Two days of testing the strategy went well, but I have added TDI as stated in previouse post.

Big human thanks to mrdfx, and past away BIG E for the shares, I believe that good things come back to good people, hope you both are getting that.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB
  • #1,239
  • Dec 15, 2017 2:45pm Dec 15, 2017 2:45pm
Hello all

Can someone here kindly answer my question please?

Can you put ea on different TIMES FRAMES ( changing magic number or not? ) in same computer or VPS. It seems to me that only the last one you put on works and not the first one.

What are all the settings for ORDER TS 1 order TS2 etc.

( so far my personal experience and a friend is one hour wins and 4 hours does not so far. I have it on multiple account and one hour was the clear winner. May be it is because market volatility was not high? ?)

AGAIN I want to strongly suggest ADDING a OTTIONNAL field with harmonic and another indicator ( programmer please contact me personally)

THANKS FOR THE NEW UPDATE
  • #1,240
  • Dec 15, 2017 2:59pm Dec 15, 2017 2:59pm
Hello

I am suggesting ADDING HARMONICS we have the files for the programmer AS A EXTRA OPTION.

Best

Nader
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