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AmazingEA: Automated Straddle Trading Expert Advisor

  • #401
  • Jan 25, 2018 4:06pm Jan 25, 2018 4:06pm
Version 9.15 Released

26 January 2018
Version 9.15 Modified by Alan Prothero
Fix Bug where Magic Number wasn't generated properly

This release fixes a bug where the Magic Number wasn't generated correctly when you trade manually without entering the date. Most people don't use this feature, so it's not urgent to upgrade if you don't use this.
  • #402
  • Jan 26, 2018 4:25pm Jan 26, 2018 4:25pm
Bit of a disaster with the Trade Explorer last night. Because my PC crashed, I had 2 trades execute that shouldn't have which lost the Trade Explorer account about $1400.

I'm using OCO=false with a 30 minute (STOCO) timeout. The idea is if there is an initial reaction to the news that is muted followed by a quick reversal, the EA can take advantage of that, but if the reversal doesn't happen within 30 minutes the EA should delete the opposite orders.

For various reasons, I wasn't running the EA on my VPS last night but instead I used my home PC. Now it's an old laptop and when it gets hot, it shuts itself down. All the price action must have overheated it as it shut down about 18 minutes after the CAD and USD trades came out. That meant it didn't delete the OCO trades after 30 minutes. The JPY trade activated after 34 minutes and the CAD trade activated after 4 hours.

So when people ask me 'Should I use a VPS?', if you are 'AutoTrading' and you have followed this story, the answer is 'Yes, preferably'.

However, I'm planning to upgrade the EA to set an Expiry Time on the Pending Orders, so even if this situation happens in the future the orders will delete themselves.
  • #403
  • Edited 4:31am Jan 27, 2018 3:52am | Edited 4:31am
Wholy shit, Alan!
Iīm sorry to hear that!!

But why the SL didnīt work?
I thought that the order is set together with SL or will be SL set later on after the order is executed?


Hope your account will survive this desaster!!!

Chris
  • #404
  • Feb 2, 2018 4:38pm Feb 2, 2018 4:38pm
Quoting RichiRich99
Wholy shit, Alan! Iīm sorry to hear that!! But why the SL didnīt work? I thought that the order is set together with SL or will be SL set later on after the order is executed? Hope your account will survive this desaster!!! Chris
Hi Chris

Well the SL did work on the original trade but the opposite orders were left in the system so these were activated when they should have been deleted (STOCO=1800 or 30 minutes). See, original trade at 12:30am, opposite trade activated at 6am! Doh!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 13 KB


The plan is to add an expiry time to orders for extra safety, so the broker deletes them in case the PC is off for some reason.

Alan
  • #405
  • Feb 3, 2018 3:26am Feb 3, 2018 3:26am
Hi,
yes I understood, I just thought that order what was left in the system also has a SL, so if you trade with TP the order will have:
a) opening price b) SL c) TP when itīll be activated like every else pending order?

Chris
  • #406
  • Feb 15, 2018 5:39am Feb 15, 2018 5:39am
I've decided to make a change to the OCO settings of the Trade Explorer. After reviewing the last 100 trades it seems that almost every OCO trade (opposite order I leave in the market) seems to lose money. There are rare times when a news trade fails and price takes off in the opposite direction. But generally if the opposite order is triggered, the movement is not very far.

So I have decided to set OCO=true, which is more boring but more profitable.

In case you don't know, you can use MyFXBook to do a bit of What-if analysis.

For example, current profit (4.8%) is like this:-

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB


But without the OCO trades, it would be (11.5%) like this:-

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 34 KB


Alan
  • #407
  • Feb 19, 2018 4:05am Feb 19, 2018 4:05am
Version 9.16 Released

05 February 2018
Version 9.16 Modified by Alan Prothero
Set Expiry Time on Pending Orders

This version has an update to expire the Pending Orders so that if your PC (or VPS) fails for any reason, the Buy Stop and Sell Stop orders will be automatically deleted by the Broker.

It works according to the following rules:-
a) Check if OCO is true or false. If OCO=false and STOCO is also greater than STWAN, set the Expiry to STOCO plus 1 minute
b) Otherwise set the Expiry to STWAN plus 1 minute.
c) If the Expiry Time is less than 11 minutes, set it to a minimum of 11 minutes

In very unusual circumstances, the broker may not allow Expiry times for Pending Orders. Please let me know if you get Error 147 when the EA opens Pending Orders.
  • #408
  • Feb 23, 2018 11:50am Feb 23, 2018 11:50am
Hi Alan,
I guess it is an old question, but I couldnīt find a post....

I want to trade with the EA using the CSV file, I trade 5 diffrent currency pairs per news, each has diffrent settings:
what I want to do is to set up a CSV file listing the news I want to trade and which donīt..

Best regards,
Chris
  • #409
  • Feb 24, 2018 6:03pm Feb 24, 2018 6:03pm
Quoting RichiRich99
Hi Alan, I guess it is an old question, but I couldnīt find a post.... I want to trade with the EA using the CSV file, I trade 5 diffrent currency pairs per news, each has diffrent settings: what I want to do is to set up a CSV file listing the news I want to trade and which donīt.. Best regards, Chris
Hi Chris

At the moment, you can't apply different settings depending on the currency pair.

I'm in a dilemma. At the moment you can put the EA on 1 pair and it will trade the currency listed in the file. But if I change it to allow multiple entries per news so you can have 5 different sets of Settings than that feature will be lost.

Can you supply an example of what settings change between currency pairs?
  • #410
  • Feb 25, 2018 4:00am Feb 25, 2018 4:00am
Hey Alan,
the diffrence between the settings are:
TP or TrailStop (depends of the strategy)
SL

It woudl help when the CSV file doesnīt change these entries...I donīt know how the csv exact works, but is it possible just to delet this columns,
so if there are no antries there will be no changes??!!
  • #411
  • Feb 25, 2018 5:04am Feb 25, 2018 5:04am
Quoting RichiRich99
Hey Alan, the diffrence between the settings are: TP or TrailStop (depends of the strategy) SL It woudl help when the CSV file doesnīt change these entries...I donīt know how the csv exact works, but is it possible just to delet this columns, so if there are no antries there will be no changes??!!
OK I think I worked out a way forward. I will get the EA to find the settings based on Country, Title and Currency Pair of the current chart. But if there is no entry it will search again based on just Country and Title and use the Currency Pair for trading.

I will have to test if this is possible but it sounds like it will work. So you will need 5 charts configured, one for each Currency.

Sounds OK?

Alan
  • #412
  • Feb 25, 2018 5:14am Feb 25, 2018 5:14am
`So you will need 5 charts configured, one for each Currency.`

Iīm using one MT4 with 5 charts, one of each pair and so 5 EAīs, but I only need one (the same) csv file for all EAīs (e.g. USD-news) , is that right?
  • #413
  • Feb 26, 2018 6:52am Feb 26, 2018 6:52am
Quoting Alan111S
After many years using an existing thread on FF, I have decided to start a new thread for the Automated version of AmazingEA to make it easier to download the latest version etc. which will always be uploaded to this first post. AmazingEA (Auto) is a Straddle Trading Program for MetaTrader that places Buy and Sell Stop Orders respectively above and below the current price of a Currency Pair. It has a timer and the idea is to setup a Straddle just prior to major News events. From Version 8 onwards, event setup is automated. The EA can download upcoming...
Thanks, let me test
  • #414
  • Feb 27, 2018 5:33am Feb 27, 2018 5:33am
Quoting RichiRich99
`So you will need 5 charts configured, one for each Currency.` Iīm using one MT4 with 5 charts, one of each pair and so 5 EAīs, but I only need one (the same) csv file for all EAīs (e.g. USD-news) , is that right?
Hi Chris

Not quite. I hadn't fully thought it through before. I forgot you need different settings for each pair.

You will need the 5 charts, plus 5 Settings Files each with the appropriate settings for the currency pair used.

Maybe add the Currency Pair in the name of the settings file. The EA Settings can be changed to use a differently named Settings File
E.g. AmazingEA-Settings-USDJPY.csv instead of AmazingEA-Settings.csv.

That will work with the existing code - no changes required. Each Chart will load a different Settings File that is customised with the correct SL TP etc and even which trades to activate using AllowBuys / AllowSells settings. Just remember, don't delete the unwanted trades as the EA has to be told to ignore them with AllowBuys / AllowSells=false

Regards

Alan
  • #415
  • Feb 27, 2018 5:41am Feb 27, 2018 5:41am
ok,
thanxs Alan for your help!
  • #416
  • Feb 28, 2018 2:27am Feb 28, 2018 2:27am
Hi Alan,
I just noticed that the peperstone chart GER30/DAX (demo) shows the candle 7 to 11 sec later than the chart of an other broker!!
And that is NOT a problem of missing ticks!
I changed UseBrokerTime to false, but itīs still the same problem...I donīt know if these problem is the same unsing fx-charts.
But if it is so, itīs impossible to trade news respectively to a special time!

On pepperstone / GER30 the big movement of the candle /price was e.g. at 08ī59 not at 09:00!!

Do you have any ideas and does this happen on fx-charts?

Chris
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GER30 Peperstone 2018.02.28 0900 UTC+1.PNG Size: 13 KB
Click to Enlarge Name: Leverate DAX 2018.02.28 0900 UTC+1.PNG Size: 21 KB
  • #417
  • Feb 28, 2018 3:38am Feb 28, 2018 3:38am
Quoting RichiRich99
Hi Alan, I just noticed that the peperstone chart GER30/DAX (demo) shows the candle 7 to 11 sec later than the chart of an other broker!! And that is NOT a problem of missing ticks! I changed UseBrokerTime to false, but itīs still the same problem...I donīt know if these problem is the same unsing fx-charts. But if it is so, itīs impossible to trade news respectively to a special time! On pepperstone / GER30 the big movement of the candle /price was e.g. at 08ī59 not at 09:00!! Do you have any ideas and does this happen on fx-charts? Chris {image}...
Hi Chris

To be honest, I don't know. The delay maybe due to copying ticks to the Demo server or a delay in the feed of the Liquidity Provider. It may be worth speaking to Pepperstone and asking.

Alan
  • #418
  • Feb 28, 2018 8:31pm Feb 28, 2018 8:31pm
Version 10.00 Released

27 February 2018
Version 10.00 Modified by Alan Prothero
Create Elite Version Setting which allows you to split Trades into Multiple Orders.

The major new feature in Version 10 is the facility to split the Trades into Multiple Orders. This facility is only available in the Elite Version. You would use this facility in case you are trading with very large Lot Sizes. AmazingEA Elite is the only Straddle Trading EA available that has this capability.

The Standard Version generally works the same as the Elite Version, except the number of pairs of orders is limited to 1.

To download the new version, you have to signup to my mailing list. Once you signup, you'll receive a Welcome Email with Download links. I promise not to spam people with pester emails, but you might receive links to blog posts about Straddle Trading and similar content. You are welcome to unsubscribe at any time.

Please reply here if there is any problem with the signup/download process.
  • #419
  • Mar 1, 2018 8:50pm Mar 1, 2018 8:50pm
Hi Allan!

I don't found where can I signup to your mailing list to receive this update version. Could you help me?
  • #420
  • Mar 3, 2018 5:21pm Mar 3, 2018 5:21pm
Quoting walisonht
Hi Allan! I don't found where can I signup to your mailing list to receive this update version. Could you help me?
Hi Walison

Since you have paid for a licensed version you would have to email me to ask for an upgrade, as the one on the mailing list is coded to my name, so wouldn't work for you except on Demo.

I would send you an update but there is no new features compared to 9.16 which you already have vs the new 10.00 Standard Edition.

Any past clients have already been added to the Mailing List. I will be sending out an email offering to upgrade every paying customer to Version 10.

If you would still like an update I don't mind sending it to you, just let me know.

Alan
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