Greerings to everybody, especially to the owner of this thread. What a work! I've been on this forum for 2 years, and never took part in any activity. Read a lot from original strategy thread, and then somehow found this one. What a work was done. To make it short, in a few hours I will set up version 18s5 on my server demo, and will see. Hope to be useful for this community.
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Welcome zazazaz!!!!
Your help will be appreciated.
Cheers...
Just tried a few backtests, but am not sure what exactly this is trading. It does not look like the TMS system that I am trading manually. How can I make the EA trade every cross of the TDI as per the TMS rules? Even if disabling all the filters and profit targets, trailing, etc., it still does not trade every cross. Normally it should enter a trade, hold it until the next TDI crossing, then exit the previous trade and right away enter the new trade in the opposite direction. The EA does not seem to be able to do that?
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Thank you geektrader for solving this puzzle. The lack of a backtesting option has been a real bummer. I hope it will now be possible to speed up the development. Of course I have to re-set up backtesting on my own system as I let that slip because it wasn't working anyway.
You are correct, this EA does not take every cross. A lot of other checks are done (not all can be disabled). But we already know that the EA does not take many trades. That was one of the reasons to ask the readers of this thread to publish demo data, to generate more data for me to analyse. With backtesting working I can finally start testing (aka fiddling) with the code to see what will happen if I change the filters.
PS: I thought that the original rules say that one should trade TMS in the direction of the next higher timeframe (i.e. the trend). So "immediately going in the opposite direction" would then be impossible. Anyway, we can discuss this and adjust the filters as needed.
Cheers...
Jans, I have a question. I believe it was partially answered somewhere in the thread. But I need to be crystal clear on it.
To my understanding the default lot is 0.02 only because partial closing is also set to true by default.
Right?
So, if I have a very small account, and I really opened today just a $500 demo, because I want to check "stress" conditions, I can change a lot to 0.01. But I also have to set partial closing to false.
Am I right?
And another one. When I set to false 2nd filter in settinngs, I am just disabling a check on the conditions 2 TFs above.
Say EA is on H1, I am disabling a check on D1, but a check on H4 still in force.
Correct?
{quote} On a real account: No, for every trade the EA will check if there is already a trade open. So it will only trade one pair at any one time. On a demo account: Yes, it will take any trade that it can. Remember the new EU rules? The margin of an 0.01 trade is now approx. €35, and your account will be closed at 50% margin level. With the trade below I had 1 original order and 2 MEME orders of lotsize 0.02. So in total 0.06. So that was €210 on margin. With 4 or 5 MEME orders on a small €500,- account it would already be necessary to add money...
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Hi jansb000, today this System take 2 trades in a live account, I am happy, or it is a bug ?,
To my understanding the default lot is 0.02 only because partial closing is also set to true by default. Right? So, if I have a very small account, (...) I can change a lot to 0.01. But I also have to set partial closing to false. Am I right?
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You can set the lot size to 0.01. That's enough. The partial close will only work with higher lotsizes. It will close: MathCeiling(lotsize/2).
Examples: Lotsize Partial close size 0.01 ... -disabled- 0.02 ... 0.01 0.03 ... 0.02 0.04 ... 0.02
And another one. When I set to false 2nd filter in settinngs, I am just disabling a check on the conditions 2 TFs above. Say EA is on H1, I am disabling a check on D1, but a check on H4 still in force. Correct?
{quote} Hi jansb000, today this System take 2 trades in a live account, I am happy, or it is a bug ?, {image}
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Both trades started exactly at the same time. So technically both EA instances didn't see an open trade when they decided that they would open a new trade. So not really a bug, but it's not a wanted behaviour. I have had this 2 times myself and what I do is close one of them as soon as it turns positive. Just to limit my exposure to risc. In any case be very careful that they are not turning into big MEME orders.
In a future version I will try to solve this unwanted behaviour. My plan is have the trade wait for a random amount of seconds (between 1 and 15 sec) so the chance of this happening again is minimised.
With a €2000,- account I would risc to leave them both on.
Cheers...
Did you know that the EA is written in such a way that it will automatically recover from system mishaps?
For example if internet dissappears for a couple of hours. Or when your computer crashes or is switched off during the weekend. Just do what you need to do to fix the problem and restart the computer and then MT4. The EA should still be attached to the charts and after a couple of seconds (1 or 2 ticks) the EA is all ready to continue trading. It will automatically recognize open orders etc, so you don't have to worry about that at all.
Of course when the computer is not online, for whatever reason, it can't do it's magic, so try to solve the problem as quickly as possible.
Cheers...
{quote}You are correct, this EA does not take every cross.
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I will make a couple of simple indicators to make it visible -per filter- what the EA sees. That will help me optimise each filter separately.
Cheers...
Great.
And similar question. All of you guys, have the terminal window look alike.
Mine is different. First, I like it on a white background, then I just added each indicator, changed colors, added an ea, and saved as a template.
Did you do the same, or all of you got a template from somewhere, that I don't know?
If yes, share, please.
I want to be on the same page.
{quote} Step 1: Read post #1 Step 2: Use the scripts The magic number can only be set by the EA or a script. Once the order is active it can not be changed. So for orders that are already open the magic number can not be changed. Cheers...
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Dear Jansb000,
I used the LRSF - Manual BUY / SELL Order scrip. It's great! Thank you.
Last week, I have tested ea18s3 on 9 accounts. I submit the results report for your reference. General comment: EA is good
Next week I keep running for these 9 accounts and will report you weekly. Do you have any suggestions on the reports please guide me to make
A question for you: what advice would you give to setting EA parameters so that it runs best depending on the spread, depending on the market Sideway, downtrend, strong downtrend ...
I believe in the success of your EA project. You were very kind.
Best regards
Thanks again
Mr, Forexhanh, I have a question. Almost all of your statements have series of loosing trades, but just in the beginning.
Then everything goes normal.
Was it because you were playing with settings?
And one statement is negative. What was so different with other settings in that case?
{quote} Dear Jansb000, I used the LRSF - Manual BUY / SELL Order scrip. It's great! Thank you. Last week, I have tested ea18s3 on 9 accounts. I submit the results report for your reference. General comment: EA is good Next week I keep running for these 9 accounts and will report you weekly. Do you have any suggestions on the reports please guide me to make A question for you: what advice would you give to setting EA parameters so that it runs best depending on the spread, depending on the market Sideway, downtrend, strong downtrend ... I believe...
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Hi forexhanh47,
Statement_ 1518723371 (the very last one) is interesting to look at: AUDJPY has a big open position and has reached the maximum number of MEME's and is still going against you. When the price comes near the SL you have to make an important decision:
You may decide to do nothing and leave the EA to it. If the SL is hit this will result in a huge loss. All 6 orders will then close with a loss. On the other hand if the price turns in your favour the problem might be resolved by itself.
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You may decide to manually close the first (oldest) order in order to bring the number of MEME's down by one. The EA should then create a new MEME. This situation is not ever been tested as this situation hardly ever occurs. You would do this if you expect that the price is about to turn in your favour but just do not want to risc that a spike would make it hit the SL.
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You may decide to change the EA-parameter and allow it to add more MEME's. For example 8. Again an untested strategy as I never had to do this. You could decide for this if you have enough balance in the account and you expect the price to go against you further before it will go back in your favour.
However, if the price does not turn in your favour you will eventually suffer an even greater loss of (i.e.) 8 MEME's.
This is the moment where the EA needs manual help and where it pays if you know how to trade even without an expert advisor.
For myself I have already made the choice if this will ever happen to me. When the price goes against me and comes really close to the SL of 6 MEME's I will close the oldest order and take the loss of that. Of course, at that time I will study the situation at hand and I might change my decision. But in the end, at some point this situation will happen in every account and needs to be handled accordingly.
Cheers...
Great. And similar question. All of you guys, have the terminal window look alike. Mine is different. First, I like it on a white background, then I just added each indicator, changed colors, added an ea, and saved as a template. Did you do the same, or all of you got a template from somewhere, that I don't know? If yes, share, please. I want to be on the same page.
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I do not have a template as such available because I work with higher version numbers for the indicators and EA's. As a developer, I am always one or two versions ahead of you guys. On my trading machine I have a template with just the EA attached. I keep the charts as simple as possible to save system resources.
Would be great if one of you guys would publish a template.
A basic template would include:
- The EA (currently version 1.18s5)
- The LRSF Magnified Price
- Heiken Ashi
- Moving Average EMA5.2
- TDI
- Stochastic
Having a version for black background and one for white background would be great.
Cheers...
I will upload a template when I get to my computer. White one. I am not using a Magnified Price though, don't need it for ea. And. I see the difference. I was using ma 5 with shift 3. Got the idea from somewhere on strategy thread.
