{quote} Difference is awesome is one chart trade all EA. Awesome has peaky , super slope and flying budha as filters for trading. Ver iii does not have flying budha
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ok. we will see if tomorrow will be profit with this ea and setting. if it is.. best. will continue this test.
Trade explorer created for the three set files i am testing.
In september last year i was testing awesome and was impressed even went live.
problem it would have certain draw downs it could not come out of.
Thats how started trying too find way to deal with those draw downs.
Have coming up with various EAs and filters and improving or sharpening my coding skills
to perform operations better on mt4. So first let me define what awesome does(the original concept)
First trend determiner is peaky . awesome checks if peaky is saying whether market is going up or down
Second trend must agree with peaky is super slope.Awesome checks if slope says trend is up or down.
thirdly if the two agree then awesome takes a trade when flying budha is alerted.
awesome would then add trades above that trade using min distance between trade pips. If the initial went in
draw down it would add trades if you said recovery every distance below that trade pips you set.
I believe problem was that whatever additional trades were not filtered. They were added in a grid fashion.
That is trades were added without consideration of what is
happening in market. If say initial trade is buy . trades there after would only be buys. Even if peaky changes to down mode.
My ideas for dealing with draw down
So i have added two peakys help EA read market changes quicker. Now someone added two slopes which i have also borrowed.
Trades addded are based on market conditions with a little grid aspect. That is is there is a buy order a buystop will be sent 60 pips
above current buy. Thats grid but if market says we are in sell mode. That buy stop should respect market condition be removed and sell stop sent.
Merlin from all these exercises I am learning that a balance needs to be found between grid placement of orders and how market is behaving.
If can get that balance then definitely a good ea will be in the making
Merlin from all these exercises I am learning that a balance needs to be found between grid placement of orders and how market is behaving. If can get that balance then definitely a good ea will be in the making
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candy, your idea had been improve in your new slopyrider ea, i don't care awesome 2ss ea performance, from those codes, i already know this ea has drawdown problem. but from my experiences, nearly all the potential eas had problem in drawdown.
if you can cope these problems, you will be get the success in forex trading.
{quote} Another $12 . I am wondering could it have been more if equity trailer is used?
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dont know... i am using in this account awesome_2ss with default setting and slopey peaky bob wit your setting but both dont interfer because
awesome use magic 100 101 102 magic insted bob use magic 0...
for now im in demo account... i want to see if profits are good for 1 2 3 months.. then i will to put live.
{quote} dont know... i am using in this account awesome_2ss with default setting and slopey peaky bob wit your setting but both dont interfer because awesome use magic 100 101 102 magic insted bob use magic 0... for now im in demo account... i want to see if profits are good for 1 2 3 months.. then i will to put live.
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if you put 0 magic it treats all trades as belonging to it. That is for the slopey peak bob you said you have put 0 magic
{quote} @candyman752: Could you please let me know which files I have to put where, please. renko
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The first three files are related to the template.
baluda superslope v2.2 you put in indicator file
PeakHiLo indicator you put in indicator file
SlopePeakrider you put in template file.
But if you want to trade the EA ignore the above.
Take sllopepeakriderv4 put it in experts folder.
Then attach it to currency pairs you want to trade.
When attaching file to chart remeber to load the set file you want to trade
Which can be NoPeakSlopeH1_7H4_11 or PeakH1M30SlopeH1_D1_2 or PeakH1M30SlopeH1_7H4_10
Then put simple basket manager Ever on just one chart
Hope that helps
{quote} candy, your idea had been improve in your new slopyrider ea, i don't care awesome 2ss ea performance, from those codes, i already know this ea has drawdown problem. but from my experiences, nearly all the potential eas had problem in drawdown. if you can cope these problems, you will be get the success in forex trading. we are on the way to. i believe.
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One way of dealing with the drawdown is to put a high SL on the trades.
200 pips on lower volatiliy pairs EURUSD, USDCAD etc.
400 pips on JPY pairs and other high volatility pairs.
{quote} One way of dealing with the drawdown is to put a high SL on the trades. 200 pips on lower volatiliy pairs EURUSD, USDCAD etc. 400 pips on JPY pairs and other high volatility pairs.
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it is not a good way , it may work. not still flexbile.
ey candy did you see tme post from c1borg setfiles?
he attached the setfiles from awesome2ss its 10 pip distance and 1 percent cash for day and peaky off.
the other is = but peaky on.
he said awesome2ss got 26% dd in a week but it recovered very soon... what do u think about it?
yu are putting awesome2ss in live account? im testing demo for now.
ey candy did you see tme post from c1borg setfiles? he attached the setfiles from awesome2ss its 10 pip distance and 1 percent cash for day and peaky off. the other is = but peaky on. he said awesome2ss got 26% dd in a week but it recovered very soon... what do u think about it? yu are putting awesome2ss in live account? im testing demo for now.
