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LRSF - TMS Expert Advisor

  • #681
  • Aug 6, 2018 7:21am Aug 6, 2018 7:21am
Quoting jansb000
Trading M15 Charts The TMS strategy is not designed to work on M15 charts. There is a serious risk that the short term trend M15, M30 and H1 will tell you a direction that is actually not the real long term trend. So there is a serious risc that the MEME orders will eventually go against you. If you want to trade the M15 I would suggest, besides M30 and H1 to also stay in line with the trend from H4 and D1 to be on the safe side. The example from nswegl shows us why. Although there is a nice profit of 30,- there is a floating p/l of negative 61,-....
Hi jansb000, the MA Settings 480/80 for 15M and 1H, Right ?
  • #682
  • Edited 8:33am Aug 6, 2018 8:14am | Edited 8:33am
Hello Jans, i have this error message with the Verson 1.18s3 on my real account and it does not take trades on my mt4. Pls can you advice on what the problem is?
Attached Image (click to enlarge)
Click to Enlarge Name: Error.png Size: 128 KB
  • #683
  • Aug 6, 2018 9:06am Aug 6, 2018 9:06am
Quoting jansb000
{quote} Hi mavilakandy, Thank you for the test statement. From this statement, and others posted earlier, a picture emerges of a stable basis that makes modest profit without blunders. You are right that we now can start to think what we can do to optimize the results, without fiddling to much with the basic setup. These are some ideas that I plan to build in in upcoming versions: When we have a MEME position (consisting of multiple orders) the EA will take its profit at 3 pips profit. So a position of 5 orders would then make 5x3 pips. An improvement...
Hello Jans,
Thank you very much for your reply and information about future optimization plans. Your plans are really brilliant. Once it is finalized, I am sure we will have one of the best and safe EAs.
Regards,
  • #684
  • Aug 6, 2018 11:30am Aug 6, 2018 11:30am
Quoting timidave
Hello Jans, i have this error message with the Verson 1.18s3 on my real account and it does not take trades on my mt4. Pls can you advice on what the problem is? {image}
I will look into the sourcecode. The error-message tells me the name of the function and line-number so we will see.
Should have an answer by tomorrow.

Please check: do you have the same problem when using this version on a demo account?
Cheers...
  • #685
  • Aug 6, 2018 11:52am Aug 6, 2018 11:52am
Quoting shay14
would i need a vps to trade this EA? Would i occur losses or would the EA malfunction if my internet connection was to drop or laptop die ?
Hi shay14,
For the Expert Adviser, a permanent connection to the internet is required. The computer needs to be set so that it does not go to sleep! Also, you could make sure that after a reboot MT4 will automatically start.

I have used a VPS for a while, which works ok. But due to auto updates, planned services and system crashes during the week my VPS used to reboot from time to time. So it is essential to make sure that the system does all the steps to restart trading automatically (which is: starting MT4 after reboot).

The TMS Strategy does not rely on a very fast connection, and even when internet goes offline for a couple of hours its usually not a big problem. I use my own LINUX server and I do all the maintenance in the weekend. That works very well.
Cheers...
  • #686
  • Aug 6, 2018 11:59am Aug 6, 2018 11:59am
Quoting jansb000
{quote} I will look into the sourcecode. The error-message tells me the name of the function and line-number so we will see. Should have an answer by tomorrow. Please check: do you have the same problem when using this version on a demo account? Cheers...
Thank you very much! Surprisingly it just picked a trade without me changing anything, but i will try it on demo as well.
  • #687
  • Aug 7, 2018 12:00am Aug 7, 2018 12:00am
Has anybody used the manuell sript in post 192, maybe there are a bug, have a look Price and TP
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 269 KB
  • #688
  • Aug 7, 2018 3:10am Aug 7, 2018 3:10am
Not sure why but I have .01 lot in 4 of my orders. Is this a bug?
I only used default settings and have not played around with the set files.
Attached Image (click to enlarge)
Click to Enlarge Name: small.PNG Size: 59 KB
  • #689
  • Aug 7, 2018 7:58am Aug 7, 2018 7:58am
i don't see what part of that result curve is not attractive. ungrateful, much?

Quoting mavilakandy
Hello Jans, See attached forward test statement of two weeks with default settings without manual entries. The result is not bad, though it is not very attractive. Best part is, it did not create any issues during last week's volatility. Still, appreciate if you have any suggestions to improve the result. Thanks and regards, {image}
  • #690
  • Aug 7, 2018 9:46am Aug 7, 2018 9:46am
Quoting blamshakk
i don't see what part of that result curve is not attractive. ungrateful, much? {quote}

Hello,
First of all, I have no intention to say that this EA is bad. Rather, I would say that this EA is really good.
Still we have to admit the fact. Maybe, my evaluation or calculation is wrong. You may please correct me if I am wrong.

I am using $10,000 account for 29 pairs. It worked for 17 days with default set up.
Profit on closed trades = $60.93.
Floating loss on open trades = $18.63-

Without considering the floating loss, the annualized profit % on closed trades is = 13.08% (calculation is 60.93 x 100 x 365 / 10,000 / 17).
The annualized profit is further down if you consider the floating loss.

If the account size is small, say $3000, we will have a high profit %.
But for 29 pairs $3000 account is too small.

Please correct me if I am wrong in the above explanation.
  • #691
  • Aug 7, 2018 11:47am Aug 7, 2018 11:47am
Just my observation testing verison 18s on the demo. On the 1hr chart the entries were spot on but using the default exit did not fare well. I wanted to ask if using another exit strategy like "exit on change of HA color or exit on closing bar in PAC would fare better as the trades using the default exit on breaking 5EMA was taking the trades into negatives well after profit would have been secured if exited earlier. Anyone testing different exit strategies willing to share the experience?
  • #692
  • Aug 7, 2018 12:35pm Aug 7, 2018 12:35pm
Hi All, we know that the EA is not designed for 15M Chart, despite new Setting 480/80 MA, the result are not sattisfied. I cannot recomend 15M Charts
Attached File(s)
File Type: pdf 12H Test of 15M Charts.pdf   268 KB | 236 downloads
  • #693
  • Aug 7, 2018 12:35pm Aug 7, 2018 12:35pm
Quoting timidave
Hello Jans, i have this error message with the Verson 1.18s3 on my real account and it does not take trades on my mt4. Pls can you advice on what the problem is? {image}
Hello Jans, i've tried it on demo and it still has the same error message
Attached Image (click to enlarge)
Click to Enlarge Name: Error.png Size: 113 KB
  • #694
  • Aug 7, 2018 1:05pm Aug 7, 2018 1:05pm
Quoting nschwegl
Has anybody used the manuell sript in post 192, maybe there are a bug, have a look Price and TP {image}
Hi nschwegl,
You have already a SELL order open and now you try to add a BUY order on the same pair? The EA can not handle this. This is not a MEME situation.
Cheers...
  • #695
  • Aug 7, 2018 1:08pm Aug 7, 2018 1:08pm
Quoting aleho
Not sure why but I have .01 lot in 4 of my orders. Is this a bug? I only used default settings and have not played around with the set files. {image}
Hi aleho,
you have the partial close ON. This closes half the order after reaching 30 pips.
Cheers...
  • #696
  • Aug 7, 2018 2:52pm Aug 7, 2018 2:52pm
Quoting nschwegl
Hi All, we know that the EA is not designed for 15M Chart, despite new Setting 480/80 MA, the result are not sattisfied. I cannot recomend 15M Charts {image}
And what exactly is not satisfactory about the result?
  • #697
  • Aug 7, 2018 3:06pm Aug 7, 2018 3:06pm
Quoting timidave
{quote} And what exactly is not satisfactory about the result?
Have a looking at the "Floating P/L" in the statement!! It is at -21$, while the total profit of closed trades is 29$, that means the currently open trades will most likely lose the whole profit. The equity curve are just CLOSED trades, that is why it is looking so good, as the floating P/L is not in the curve!!
  • #698
  • Aug 7, 2018 3:18pm Aug 7, 2018 3:18pm
Quoting mavilakandy
{quote} Hello, First of all, I have no intention to say that this EA is bad. Rather, I would say that this EA is really good. Still we have to admit the fact. Maybe, my evaluation or calculation is wrong. You may please correct me if I am wrong. I am using $10,000 account for 29 pairs. It worked for 17 days with default set up. Profit on closed trades = $60.93. Floating loss on open trades = $18.63- Without considering the floating loss, the annualized profit % on closed trades is = 13.08% (calculation is 60.93 x 100 x 365 / 10,000 / 17). The annualized...
Hi mavilakandy,
the EA uses a fixed lotsize of 0.02 which is a safe value for a small $1000 account. That is why the EA takes just 1 position at any one time on a real account. The defaults are all set for small accounts. Consider changing the lotsize to a more appropriate value. For example 0.2. See how that works. Automatic lotsize calculation only makes sense after the Expert Advisor is stable and mature and we can predict how it will perform. I haven't even planned it for any version this year.
Cheers...
  • #699
  • Aug 7, 2018 3:32pm Aug 7, 2018 3:32pm
Quoting jdcrux
Just my observation testing verison 18s on the demo. On the 1hr chart the entries were spot on but using the default exit did not fare well. I wanted to ask if using another exit strategy like "exit on change of HA color or exit on closing bar in PAC would fare better as the trades using the default exit on breaking 5EMA was taking the trades into negatives well after profit would have been secured if exited earlier. Anyone testing different exit strategies willing to share the experience?
Hi jdcrux,
my observation is that a lot of pairs are currently very flat on the higher timeframes. There are no strong trends. Therefore we will see a lot of trades where there are just 3 or 4 HA-bars of the same color. These trades often end with no or a small profit because the breaking of the 5 ema takes all the profit away. The solution is to go to higher timeframes. In that way there is a higher chance that you will catch real trends. You can also use the confirming moving averages to ensure that there is a trend on the higher timeframes.

Maybe, in times like these it would be better to trade according to the PAC entry and exit. A PAC entry is considerably later then the breaking of the 5EMA. Therefore, A PAC exit without a PAC entry is not advisable. However, from the TMS thread, it appears that the PAC strategy works best on D1 timeframe.

The color change of the HA bar might help you better. This will take the trade out earlier.

==> Read the recent posts from the TMS thread to see how other traders (not using Expert Advisors) cope with this situation.

Cheers...
  • #700
  • Aug 7, 2018 3:45pm Aug 7, 2018 3:45pm
Quoting geektrader
{quote} Have a looking at the "Floating P/L" in the statement!! It is at -21$, while the total profit of closed trades is 29$, that means the currently open trades will most likely lose the whole profit. The equity curve are just CLOSED trades, that is why it is looking so good, as the floating P/L is not in the curve!!
Thanks for your response.
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