AmazingEA: Straddle Trading Expert Advisor | Page 32 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Super Carry Trading Strategy - Expert Advisor 22 replies

Trading Journal of Baoky, Expert Advisor Trader 12 replies

Expert Advisor Bot or Manual Trading? 8 replies

MetaTrader Expert Advisor BUILDER for backtesting and auto trading 4 replies

Please help code addition to -AmazingEA- 1 reply

Attachments: AmazingEA: Straddle Trading Expert Advisor
Exit Attachments

AmazingEA: Straddle Trading Expert Advisor

  • #621
  • Apr 3, 2017 11:44pm Apr 3, 2017 11:44pm
Hey everyone,
I have the Amazing EA. And, I thought I set it up properly.
But, the buy stop and sell stop don't initiate.

Here's a chart example.
Any ideas??

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 167 KB
  • #622
  • Apr 4, 2017 6:53am Apr 4, 2017 6:53am
Quoting Bigpipin13
Hey everyone, I have the Amazing EA. And, I thought I set it up properly. But, the buy stop and sell stop don't initiate. Here's a chart example. Any ideas?? Thanks {image}
Hi Chris

The chart you posted has indicators showing a Straddle was opened on USDJPY at Broker Time 7am. STWAN=5 means the orders are only opened for 5 seconds. You should see them in your Account history tab.

As you are only using Demo set the News Time for 2 minutes from now and watch it open and close them.

Alan
  • #623
  • Apr 4, 2017 12:51pm Apr 4, 2017 12:51pm
Quoting Alan111S
{quote} Hi Chris The chart you posted has indicators showing a Straddle was opened on USDJPY at Broker Time 7am. STWAN=5 means the orders are only opened for 5 seconds. You should see them in your Account history tab. As you are only using Demo set the News Time for 2 minutes from now and watch it open and close them. Alan
Ok.....so, I need to set the STWAN to a larger number?
I figured after setting AmazingEA to either sell stop or buy stop at 8am would initiate the trade at 8am....?
Is it not trading because it's a demo?

Thanks
  • #624
  • Apr 4, 2017 7:19pm Apr 4, 2017 7:19pm
Quoting Bigpipin13
{quote} Ok.....so, I need to set the STWAN to a larger number? I figured after setting AmazingEA to either sell stop or buy stop at 8am would initiate the trade at 8am....? Is it not trading because it's a demo? Thanks
No, 5 seconds is long enough if the news is market moving enough. You can also set it to 2 hours if you want to see it do something. (Try STWAN=7200). The Demo version is the same as Live version except the code checks the type of account and only continues if it's Demo.

Now we have a really important question, why do you think it didn't trade? Because if you read my last reply carefully, you'll realise that I think it did.

Are you new to MT4? - I'm asking that as a sincere question. I'm actually a very helpful person but it sometimes helps to know people's experience.
  • #625
  • Apr 4, 2017 7:27pm Apr 4, 2017 7:27pm
Quoting Alan111S
{quote} No, 5 seconds is long enough if the news is market moving enough. You can also set it to 2 hours if you want to see it do something. (Try STWAN=7200). The Demo version is the same as Live version except the code checks the type of account and only continues if it's Demo. Now we have a really important question, why do you think it didn't trade? Because if you read my last reply carefully, you'll realise that I think it did. Are you new to MT4? - I'm asking that as a sincere question. I'm actually a very helpful person but it sometimes helps...
I know it didn't trade because I looked at my trade history.
That chart example looks like a normal sell/buy stop order that SHOULD trade.
But, it didn't .
it only traded ONCE! lol
MAybe it's my settings?
I would think that it would either initiate a BUY or SELL depending on what direction the currency goes.

I'm using MT4 with FXchoice broker on DEMO.

Any ideas why it's not trading??

Thanks
Chris
  • #626
  • Apr 4, 2017 7:48pm Apr 4, 2017 7:48pm
Quoting Bigpipin13
{quote} I know it didn't trade because I looked at my trade history. That chart example looks like a normal sell/buy stop order that SHOULD trade. But, it didn't . it only traded ONCE! lol MAybe it's my settings? I would think that it would either initiate a BUY or SELL depending on what direction the currency goes. I'm using MT4 with FXchoice broker on DEMO. Any ideas why it's not trading?? Thanks Chris
Chris

In the Readme file I actually tell people to get it going manually at first and gradually automate it. So best thing to do initially is the following:-

1) Make sure that UseBrokerTime is set to False. Set PointsGap to 0. Everything else can be default
2) Set the NYear to NMin values to a couple of minutes from now using your local PC time. For now I would include setting NYear, NMonth and NDay just to be sure
3) Watch it work keeping an eye on the 'System Time' and 'News Time'. It should open the orders 20 seconds before the News Time specified and delete them 5 seconds after.

Once we've established that's working, we can move onto the next stage.
  • #627
  • Apr 4, 2017 9:29pm Apr 4, 2017 9:29pm
Quoting Alan111S
{quote} Chris In the Readme file I actually tell people to get it going manually at first and gradually automate it. So best thing to do initially is the following:- 1) Make sure that UseBrokerTime is set to False. Set PointsGap to 0. Everything else can be default 2) Set the NYear to NMin values to a couple of minutes from now using your local PC time. For now I would include setting NYear, NMonth and NDay just to be sure 3) Watch it work keeping an eye on the 'System Time' and 'News Time'. It should open the orders 20 seconds before the News Time...
Ok I'll take a look at it.
Thanks man!
  • #628
  • Apr 4, 2017 9:56pm Apr 4, 2017 9:56pm
Quoting Alan111S
{quote} Chris In the Readme file I actually tell people to get it going manually at first and gradually automate it. So best thing to do initially is the following:- 1) Make sure that UseBrokerTime is set to False. Set PointsGap to 0. Everything else can be default 2) Set the NYear to NMin values to a couple of minutes from now using your local PC time. For now I would include setting NYear, NMonth and NDay just to be sure 3) Watch it work keeping an eye on the 'System Time' and 'News Time'. It should open the orders 20 seconds before the News Time...
Ok....On Eur/usd
Hour to trade is set to 8.
I have secs after news setting on 1500. And, Gap between orders at 60.
This gives the EA plenty of time to hit my tradestops.
I'm guessing if the secs after news is set to only 60 secs, and the price never reaches my Tradestops, the trades cancel?
  • #629
  • Apr 4, 2017 11:18pm Apr 4, 2017 11:18pm
Quoting Bigpipin13
{quote} Ok....On Eur/usd Hour to trade is set to 8. I have secs after news setting on 1500. And, Gap between orders at 60. This gives the EA plenty of time to hit my tradestops. I'm guessing if the secs after news is set to only 60 secs, and the price never reaches my Tradestops, the trades cancel?
I don't understand whether I'm not clear or you just don't like following instructions? Do you understand English? Because I don't like wasting time on helping people who don't listen.

Can you please follow these steps exactly? These simple steps will show you it trading within the next 5 minutes.
1) Make sure that UseBrokerTime is set to False. Set PointsGap to 0. Everything else can be default
2) Set the NYear to NMin values to a couple of minutes from *now* using your local PC time. For now I would include setting NYear, NMonth and NDay just to be sure
3) Watch it work keeping an eye on the 'System Time' and 'News Time'. It should open the orders 20 seconds before the News Time specified and delete them 5 seconds after.

You will then see the EA trading even though it isn't a time of News. Once you have completed these steps we will setup an actual News event.
  • #630
  • Apr 5, 2017 10:43am Apr 5, 2017 10:43am
Quoting Alan111S
{quote} I don't understand whether I'm not clear or you just don't like following instructions? Do you understand English? Because I don't like wasting time on helping people who don't listen. Can you please follow these steps exactly? These simple steps will show you it trading within the next 5 minutes. 1) Make sure that UseBrokerTime is set to False. Set PointsGap to 0. Everything else can be default 2) Set the NYear to NMin values to a couple of minutes from *now* using your local PC time. For now I would include setting NYear, NMonth and NDay...
Yes....Sorry about that. I was at work when I read your instructions. I'll do everything you said when I get home today. I did notice that the EA traded the news. So, that's good.
  • #631
  • May 25, 2017 6:43am May 25, 2017 6:43am
Quoting Alan111S
After many years using an existing thread on FF, here: http://www.forexfactory.com/showthread.php?t=6854 I have decided to start a new thread to make it easier to download the latest version etc. which will always be uploaded to this first post. AmazingEA 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. Although many Traders worry about 'Slippage' and Broker...

Hello Alan111S !

What do you think of the idea in the post ... "Just an idea : insidE A tape-rEAding" ...

( ... exist, at least, two interesting concepts that could be turned into in as many EA and are explained in detail in the book "New Concepts in Technical Trading Systems" by J. Welles Wilder Jnr (1978)

The more complex "the reaction trend system" would require the continuous use of a virtual straddle (buy stop two spaced that are mutually occurred break each other) together with a trading system that works in a trading range ...)
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #632
  • May 20, 2018 1:17pm May 20, 2018 1:17pm
Quoting Alan111S
After many years using an existing thread on FF, here: http://www.forexfactory.com/showthread.php?t=6854 I have decided to start a new thread to make it easier to download the latest version etc. which will always be uploaded to this first post. AmazingEA 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. Although many Traders worry about 'Slippage' and Broker...
Alan, is the non-automated version still available for download? Can't seem to find it anywhere. Tnx.
Simplicity Is The Ultimate Sophistication!
  • #633
  • May 20, 2018 8:29pm May 20, 2018 8:29pm
Quoting Impenia
{quote} Alan, is the non-automated version still available for download? Can't seem to find it anywhere. Tnx.
No, I'm sorry it's not. However, if you want to ask me questions, I can share snippets of code to help you. If you share with me what your intention is, it may be possible to help. You can also PM me but just remember I can only reply to 1 PM every 24 hours as I am a Commercial Member.

Alan
  • #634
  • Jun 29, 2018 8:12am Jun 29, 2018 8:12am
Hello everyone, I'm new to the forexfacory forums but I have been using the EA for some time now. Did anyone play CAD GDP (Jun 29th 18)? If so did you have any slippage and on what broker?
  • #635
  • Jul 14, 2018 12:21pm Jul 14, 2018 12:21pm
Hi alan
can u plz support my with v7 as it is the free one, I cannot find the link to download it. Thanks in advance
  • #636
  • Jul 15, 2018 8:58am Jul 15, 2018 8:58am
Sorry, I am new to this, and readying the posts make me a bit confused? If I do not have any idea how to trade with the EA, can I still use it? Thanks.
  • #637
  • Edited Jan 9, 2019 9:52pm Dec 19, 2018 9:23am | Edited Jan 9, 2019 9:52pm
Good day everyone I am trying out a news strategy with the Amaizing EA but i need the V6.0 because of the Ontimer event capabilities , pls can anyone upload it here or send it to my email at { email address deleted by staff }
  • #638
  • Edited Jan 9, 2019 9:53pm Dec 26, 2018 12:30pm | Edited Jan 9, 2019 9:53pm
Quoting akintinoyeaa
Good day everyone I am trying out a news strategy with the Amaizing EA but i need the V6.0 because of the Ontimer event capabilities , pls can anyone upload it here or send it to my email at { email address deleted by staff }
I must be confused, there seems to be more than two threads on this EA as I was browsing through, joined FX Factory then found this thread that states there is a new thread.... aye yiea yiea.

Anyway there was mention on one thread that said there is a version 10.10

Here it states version 8

Akintinoyeaa states he wants version 6

The last post here was over two months ago

I can't find anything to buy/download from this coder

Help would be awesome

Regards
  • #639
  • Nov 20, 2019 11:11pm Nov 20, 2019 11:11pm
Hi Friends. I think it is a great EA.
But I would like to use this as a normal EA. i.e., All the time not waiting for the news. How do i use this, to put pending orders on every tick and keep modifying the pending order as the chart moves. Then definitely it will catch the sudden movement in the chart. KIndly please help me
  • #640
  • Nov 21, 2019 12:32am Nov 21, 2019 12:32am
Hi Friends. I think it is a great EA.
But I would like to use this as a normal EA. i.e., All the time not waiting for the news. How do i use this, to put pending orders on every tick and keep modifying the pending order as the chart moves. Then definitely it will catch the sudden movement in the chart. KIndly please help me
0 traders viewing now