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LRSF - TMS Expert Advisor

  • #381
  • Jun 12, 2018 10:58am Jun 12, 2018 10:58am
Quoting T4Trade
{quote} The Ea is not opening any positions,plese advice!
There can be several reasons:

  1. The EA will take only a few trades per week. So keep running it for at least a month to evaluate it.
  2. Are you sure trading is enabled? You must enable trading manually in your MT4 terminal. A little Google will tell you how to do this.
  3. Does the EA show a little smiley in the top right corner?

Please check these and post a screenshot if you need more help.

  • #382
  • Jun 12, 2018 10:58am Jun 12, 2018 10:58am
Quoting Pippopotamus
{quote} Hello jansb000, which time frame are these settings for?
That would be for H1.
  • #383
  • Jun 12, 2018 11:07am Jun 12, 2018 11:07am
Quoting Tezz
{quote} hey jansb000 i applied the maginfied price indicator v1.15 on chart but its not showing, what to do
You have to check if it is in the folder where all the other indicators are.
See the post below for instructions.
https://www.forexfactory.com/showthr...49#post7269049
You may have to restart MetaTrader4.

If problem not solved please post a screenshot.
  • #384
  • Jun 12, 2018 12:19pm Jun 12, 2018 12:19pm
I don't want to be seen as criticizing all the hard work that has gone on in creating this EA. I'm sure it will pay off.
I offer one suggestion.
Right now this thread is a chaotic mess. EA's and indicators and instructions are scattered around on almost every page.
Why not start a new one with everything cleaned up and centralized.
I think you'll have a lot more followers and help a lot more people and get a lot better d
feedback.
Thanks
  • #385
  • Jun 12, 2018 12:41pm Jun 12, 2018 12:41pm
Quoting jansb000
{quote} That would be for H1.
As I thought! Thanks jansb000.... Have on 9 H1 charts as of a few minutes ago.
Vincit qui se vincit.
  • #386
  • Jun 12, 2018 1:34pm Jun 12, 2018 1:34pm
Quoting billbss
I don't want to be seen as criticizing all the hard work that has gone on in creating this EA. I'm sure it will pay off. I offer one suggestion. Right now this thread is a chaotic mess. EA's and indicators and instructions are scattered around on almost every page. Why not start a new one with everything cleaned up and centralized. I think you'll have a lot more followers and help a lot more people and get a lot better d feedback. Thanks
Thank you for your feedback. It is indeed, as you probably have guessed, my first thread. Still learning.
  • #387
  • Jun 12, 2018 10:40pm Jun 12, 2018 10:40pm
Quoting jansb000
{quote} Hi mavilakandy, The rectangles indicate the direction of the price movement (from top to bottom) on the current timeframe, the next higher timeframe and the next-nexthigher timeframe. So if you trade on H4, the color of the rectangles will show the direction of the H4, D1 and W1. The EA will only trade when all colors are the same (red=SELL, blue=BUY). When a rectangle is white it means it can not determine a direction on that timeframe. The 3 rectangles are only updated once per minute. So initially they can be in the wrong position. This...
Hello jansb000,
Thank you very much for your response. You have explained the matter very well.
Regards,
  • #388
  • Jun 12, 2018 10:42pm Jun 12, 2018 10:42pm
Quoting jansb000
{quote} You have not installed the correct TDI indicator. Please read this thread from post #1 to find the setup instructions for the TDI indicator.
Hello jansb000, sorry for the trouble. Let me reinstall the TDI and try again.
Regards,
  • #389
  • Edited 1:16am Jun 13, 2018 1:05am | Edited 1:16am
Quoting jansb000
{quote} You have to check if it is in the folder where all the other indicators are. See the post below for instructions. https://www.forexfactory.com/showthr...49#post7269049 You may have to restart MetaTrader4. If problem not solved please post a screenshot.
hey jansb000

Thank U
Now the indicator is working
But,
the EA is working with EURUSD pair but not with XAUUSD,
what are your recommended pairs
what are the recommended minimum invest for 1pair
what will be the problem
Attached Image (click to enlarge)
Click to Enlarge Name: ea disable.PNG Size: 47 KB
  • #390
  • Jun 13, 2018 7:53am Jun 13, 2018 7:53am
Hello jansb000,

I have tried to copy LRSF - Manual SELL and BUY order files to MQL4 folder.
After that, system turned off the auto trading and also in the ledger it says 'Automated Trading Disabled'.
Then I have removed the files. Still the status is 'Automated Trading Disabled'.
Please help me to solve the issues.
Thanks and regards,
  • #391
  • Jun 13, 2018 3:49pm Jun 13, 2018 3:49pm
Quoting Tezz
{quote} hey jansb000 Thank U Now the indicator is working But, the EA is working with EURUSD pair but not with XAUUSD, what are your recommended pairs what are the recommended minimum invest for 1pair what will be the problem {image}
Hi Tezz,
the indicator gives you a hint: It says the spread is 35 points.
But in the default settings of the EA the maximum allowed spread in 10 pips.
Attached Image

I suggest to set the Max. allowed spread for AUXUSD to a more suitable value. Maybe 40. I never trade gold so I don't know what a sensible value would be for gold. But it must be bigger then 35.
Have fun!
  • #392
  • Jun 13, 2018 3:56pm Jun 13, 2018 3:56pm
Quoting mavilakandy
Hello jansb000, I have tried to copy LRSF - Manual SELL and BUY order files to MQL4 folder. After that, system turned off the auto trading and also in the ledger it says 'Automated Trading Disabled'. Then I have removed the files. Still the status is 'Automated Trading Disabled'. Please help me to solve the issues. Thanks and regards,
These programs are scripts and hence must be located in the folder "Scripts".
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 110 KB

Furthermore, You must make sure that Automatic Trade is always on:
Attached Image

Cheers...
  • #393
  • Edited 4:23pm Jun 13, 2018 4:11pm | Edited 4:23pm
Hi new traders,
I noticed that some of the recent questions relate to the usage of MetaTrader. If you are new to trading (with an Expert Advisor) please look at the website below. It will teach you all the functions of MT4 and also how to get an EA or indicator working.
https://www.babypips.com/learn/forex...se-metatrader4

Also, whatever your questions about MetaTrader4 or trading in general are. You are probably not the first one with this question and chances are that the answer is already out there. Remember: Google is your friend. But you are still welcome to ask your remaining questions here :-)

Some things to remember:

  1. When you run the EA you do not have to also put indicators on the same chart. The EA loads the indicators it needs directly from the indicator folder. You can load the indicators if you like but that will be for your visual reference. The EA doesn't use them.
  2. When running an EA: Make sure your computer doesn't go to sleep. When the computer goes in sleep mode it will no longer monitor the price and hence the EA will stop working until the computer wakes up again.
  3. When you set MT4 to allow AutoTrading and then start to fiddle with the chart the AutoTrading might be switched off again. Make sure you always check te button "AutoTrading"."

Cheers...

  • #394
  • Jun 14, 2018 5:25am Jun 14, 2018 5:25am
Quoting jansb000
{quote} These programs are scripts and hence must be located in the folder "Scripts". {image} Furthermore, You must make sure that Automatic Trade is always on: {image} Cheers...
Thank you very much jansb000.
Regards,
  • #395
  • Jun 14, 2018 6:12am Jun 14, 2018 6:12am
Quoting Tezz
{quote}...what are your recommended pairs what are the recommended minimum invest for 1pair what will be the problem {image}
I overlooked these questions earlier.
Please realise that this EA is still under development and that there might be serious bugs that we haven't found yet. Therefore I do not recommend to put any investment on this EA. Best thing to do is to learn to trade the underlying strategy (Trading Made Simple) by hand. And then use the EA as an assistant to take some of the work out of your hand. But you should always know and recognise when the EA is doing something that can not be explained by the TMS strategy.
There is no such thing as a holy grail in trading. It will always take heaps of study and exercise to become succesfull.
Never risk more then a very small fraction of your money on one single trade. Have the EA running on a demo account for a decent amount of time. Only when you are sure that you know how it works and that it follows the strategy correctly you could start thinking about trading with real money.
Cheers...
  • #396
  • Jun 14, 2018 6:45am Jun 14, 2018 6:45am
Quoting jansb000
{quote} Hi Tezz, the indicator gives you a hint: It says the spread is 35 points. But in the default settings of the EA the maximum allowed spread in 10 pips. {image} I suggest to set the Max. allowed spread for AUXUSD to a more suitable value. Maybe 40. I never trade gold so I don't know what a sensible value would be for gold. But it must be bigger then 35. Have fun!
hey jansb000

thanks for the response
I am checked the EA with different pairs to know its working process
  • #397
  • Edited 7:04am Jun 14, 2018 6:54am | Edited 7:04am
Quoting jansb000
{quote} I overlooked these questions earlier. Please realise that this EA is still under development and that there might be serious bugs that we haven't found yet. Therefore I do not recommend to put any investment on this EA. Best thing to do is to learn to trade the underlying strategy (Trading Made Simple) by hand. And then use the EA as an assistant to take some of the work out of your hand. But you should always know and recognise when the EA is doing something that can not be explained by the TMS strategy. There is no such thing as a holy...
yes bro, you are right there is no such holy grail. Have to work for reach places.
Will practise the TMS strategy and then use EA.

Is this is the TMS strategy thread
https://www.forexfactory.com/showthread.php?t=291622

thanks jansb000 for sharing
  • #398
  • Jun 15, 2018 3:41pm Jun 15, 2018 3:41pm
Quoting Tezz
{quote}Is this is the TMS strategy thread https://www.forexfactory.com/showthread.php?t=291622
Yes.
  • #399
  • Jun 16, 2018 1:19am Jun 16, 2018 1:19am
Quoting jansb000
{quote} Yes.
hi Jansb000 ,thanks your EA
I am test your EA v18, I like use Demo account test EA over 3~4 month ,
if your EA have expire time, could you tell me when the EA will expire ? maybe next version you can display expire time information on chart , thanks.
  • #400
  • Jun 16, 2018 8:24am Jun 16, 2018 8:24am
Quoting oocat0227
{quote} hi Jansb000 ,thanks your EA I am test your EA v18, I like use Demo account test EA over 3~4 month , if your EA have expire time, could you tell me when the EA will expire ? maybe next version you can display expire time information on chart , thanks.
The TradeManagement part has no timeout. Only the ExpertAdvisor part. So you will always be able to add a trade manually and let the program handle it for you.
For the EA there is no expire time for demo accounts. For real accounts it is set to 26 weeks.

On real accounts it will do just one trade at the same time. That has to be closed before a next trade is allowed.
Soon this will change and new trades can start if the previous trade is positive and the SL has locked-in profit (is set to a positive value).
Cheers...
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