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  • #741
  • Edited 9:59am Aug 11, 2018 9:37am | Edited 9:59am
I see a little problem with this, though.
Any template published here will include a personal copy of ea with all chosen options in a set file, made by this or that individual.
For example. I am testing ea on a very small account of $500
So I limited MEME just for three steps, and a lot changed to 0.01
My point is - all future readers of this thread have to realize that, and do appropriate steps.
At leasr check all ea settings, and ajust accordingly.
  • #742
  • Aug 11, 2018 9:47am Aug 11, 2018 9:47am
Following my idea of testing an ea with a tiny account, I have a couple of questions.
I have limited MEME to 3 steps, because I am on vacation, and was able to monitor the very first trade from the beginning to the end. When the 0.02 position was opened broker marging was $80
With 3 opened positions it would be $240
Half of the deposit.
Let's cut it to 0.01 positions. Still a lot. $120
I am not even thinking about 4-6 MEME steps. That would be the end.
Just on one instrument. (Well.... I opened 11))))))
  • #743
  • Aug 11, 2018 9:54am Aug 11, 2018 9:54am
My question is. This account is with off-shore broker, almost the only one available for US residents. (Others are "unreliable ", if not crooks).
With this broker I can have a leverage anywhere from 1:25 to 1:500
I chose 1:25 just to test this ea in a situation that is legal for US brokers.
1:30 More is not allowed.
So... I am bad with those calculations...
Will the leverage increase to, let's say, 1:500, help the ea to survive?
  • #744
  • Aug 11, 2018 9:58am Aug 11, 2018 9:58am
The second question is...
I don't know, if any calculations were done.
May be it is better to limit MEME by 2, or even not use it?
  • #745
  • Aug 11, 2018 4:10pm Aug 11, 2018 4:10pm
Next question.
Does a sl depend on allowed steps in MEME?
The more steps of MEME I set in ea options - the sl moves further and further away?
And if I choose not to use MEME at all - the sl will be a way closer, just depending on ATR?
  • #746
  • Aug 11, 2018 5:56pm Aug 11, 2018 5:56pm
Quoting Zazazaz
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.
Yes, the MA5.3 is used as well by some traders. When you go through the thread (if that is at all possible with more then 4 million posts) you will find several variations of the settings and versions for TDI, MA and STO. Also if you want to trade the PAC you'll find differences. I have simple chosen those settings that seemed to fit best on my charts and then made the EA work with those.
Now that the backtesting works we can start testing what the best settings are, and make adjustments in the software, or per currency pair in the settings.
That is why I now want to make simple indicators per filter to make it visible what they do and do not filter.
  • #747
  • Aug 11, 2018 6:06pm Aug 11, 2018 6:06pm
Quoting Zazazaz
Following my idea of testing an ea with a tiny account, I have a couple of questions. I have limited MEME to 3 steps, because I am on vacation, and was able to monitor the very first trade from the beginning to the end. When the 0.02 position was opened broker marging was $80 With 3 opened positions it would be $240 Half of the deposit. Let's cut it to 0.01 positions. Still a lot. $120 I am not even thinking about 4-6 MEME steps. That would be the end. Just on one instrument. (Well.... I opened 11))))))
If you can not access your account while on holiday - I wouldn't use the EA. But you should always be able to use your mobile with the MT4 app. Just to cut bat trades short. The margin costs are really high now due to the new EU rules. So trading with 0.01 is actually a good idea. All retail traders must be very careful with their small accounts. This is something the EA can not do for you.
  • #748
  • Aug 11, 2018 6:09pm Aug 11, 2018 6:09pm
Quoting Zazazaz
My question is. This account is with off-shore broker, almost the only one available for US residents. (Others are "unreliable ", if not crooks). With this broker I can have a leverage anywhere from 1:25 to 1:500 I chose 1:25 just to test this ea in a situation that is legal for US brokers. 1:30 More is not allowed. So... I am bad with those calculations... Will the leverage increase to, let's say, 1:500, help the ea to survive?
Research has shown: "The higher the leverage, the less profit a trader makes". I used to trade 1:100 but that is now 1:30 according to new EU ruling.
I would definitely not go higher then 1:100. Very risky.
  • #749
  • Aug 11, 2018 6:14pm Aug 11, 2018 6:14pm
Quoting Zazazaz
The second question is... I don't know, if any calculations were done. May be it is better to limit MEME by 2, or even not use it?
In the TMS thread, BigE never used MEME. That technique was later added and seems to work oprtimal on D1 charts using the PAC method. I found that on the normal BigE method it works quite well also. On the higher timeframes it works best. "Pure" TMS should also work without MEME, but recent tests have shown that this EA is not doing well. Again, with backtesting we might get the performance better in future releases.
  • #750
  • Aug 11, 2018 6:20pm Aug 11, 2018 6:20pm
Quoting Zazazaz
Next question. Does a sl depend on allowed steps in MEME? The more steps of MEME I set in ea options - the sl moves further and further away? And if I choose not to use MEME at all - the sl will be a way closer, just depending on ATR?
The SL is ADR[100]/2 away. For every MEME it is moved and the maximum will be 2.5 x ADR[100].
You are correct, if you limit the number of MEME's you will influence the maximum SL. Hmmmm, I have to think about that. In the upcoming version where the MEME's are controlled by RSI the SL is set immediately to its maximum value. Maybe I should do that as well for nomal MEME's (without RSI). Like I said: hmmmmmmm
Any ideas on that????
  • #751
  • Aug 11, 2018 9:15pm Aug 11, 2018 9:15pm
Quoting Zazazaz
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?
my friend,
These are the ea automatic entry and exit commands. For objective results, I did not interfere in the activities of the whole week.
"Almost all of your statements have losing trades, but just in the beginning. Then everything goes normally "I also have this question, Mr. Jansb000 can answer us.
"Was it because you were playing with settings? And one statement is negative. : I set the default values of EA, only change the lot number depending on the amount in each account.
I think the results are different because of the accounts of the different Brokers
Good luck to all
  • #752
  • Aug 11, 2018 9:32pm Aug 11, 2018 9:32pm
Quoting jansb000
{quote} 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.
I have reviewed these commands before going to bed on Friday (I'm in the GMT + 7-time zone). However, at the time of my review, prices were supporting all six orders, so I did not do anything. On Saturday morning, I checked again and found that the price was against me but because the market was closed it would wait until the market opened again. I will cut the first command to EA to add another MEME instruction as you instructed.
Mr. Jansb000: Do I need to replace EA18s3 with new EA 18s5?

Thank you!
Good luck to all
  • #753
  • Aug 11, 2018 11:45pm Aug 11, 2018 11:45pm
Quoting forexhanh47
{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...
Hallo forexhanh47, what timeframes did you use in your 9 accounts. ?
  • #754
  • Aug 12, 2018 2:42am Aug 12, 2018 2:42am
Quoting nschwegl
{quote} Hallo forexhanh47, what timeframes did you use in your 9 accounts. ?
all are H4
Good luck to all
  • #755
  • Aug 12, 2018 3:15am Aug 12, 2018 3:15am
Quoting jansb000
{quote} The SL is ADR[100]/2 away. For every MEME it is moved and the maximum will be 2.5 x ADR[100]. You are correct, if you limit the number of MEME's you will influence the maximum SL. Hmmmm, I have to think about that. In the upcoming version where the MEME's are controlled by RSI the SL is set immediately to its maximum value. Maybe I should do that as well for nomal MEME's (without RSI). Like I said: hmmmmmmm Any ideas on that????
Dear Jansb000,
I ask you to explain the meaning of the displays, how to look at it to calculate entry or exit manually: Preliminary I understand the following, please help:
ADR 100: 57 - value of ADR = 57
"The SL is ADR [100] / 2 away. For every MEME it is moved and the maximum will be 2.5 x ADR [100]." In this case, would have to calculate SL = 57/2 = 28.5 pips? to the final MEME, SL = 2.5 x 57 = 142.5 pips?
0.0 ??? I do not understand what information it displays?
* * * ??? (as far as I understand the first star shows the current timeframes trend, the next two stars are the next two trending higher timeframes)
Attached Image
Good luck to all
  • #756
  • Aug 12, 2018 4:19am Aug 12, 2018 4:19am
Quoting forexhanh47
{quote}...I will cut the first command to EA to add another MEME instruction as you instructed...
Hi forexhan4,
be careful, I only mentioned some OPTIONS that you have, and my intention is only to make you consider your options BEFORE it is to late. If you choose one of those options, or maybe come up with your own solution, is entirely up to you. For me the future of the price is a mistery too.
Everyone using this EA will run into this dilemma at some point. When the MEME does not work and just adds to a loss. Only careful planning can help you to make a decision.

In the last year I had 3 times a situation where the price went against me so far that even 6 MEME's where not enough and I lost the whole trade. As it happened all these 3 situations happened in the same week, taking out most of my account. That's when I decided to change the EA so it would just trade one pair at any one time. I now only trade a second pair when the first position is in profit with a stoploss on the positive side of the trade (minimum 5 pips positive).
Furthermore, from those 3 cases, I saw that the price started to go in my favour shortly after my SL was hit. So taking out the oldest order, or adding one single MEME would have saved me. But there is no guarantee that any of those approaches would work out the next time. In that sense I can not advise you what is the best. I can only share my experience and what I have decided what I will do next time.

Quoting forexhanh47
{quote}...Do I need to replace EA18s3 with new EA 18s5?...
For demo trading I would recommend the latest version. For real trading I would only use a version that you have tested thouroughly yourself, or that others have tested and reported good results. Don't trust me! I make mistakes too.
Cheers...
  • #757
  • Aug 12, 2018 4:35am Aug 12, 2018 4:35am
Quoting forexhanh47
{quote} Dear Jansb000, I ask you to explain the meaning of the displays, how to look at it to calculate entry or exit manually: Preliminary I understand the following, please help: ADR 100: 57 - value of ADR = 57 "The SL is ADR [100] / 2 away. For every MEME it is moved and the maximum will be 2.5 x ADR [100]." In this case, would have to calculate SL = 57/2 = 28.5 pips? to the final MEME, SL = 2.5 x 57 = 142.5 pips? 0.0 ??? I do not understand what information it displays? * * * ??? (as far as I understand the first star shows the current timeframes...
ADR[100] is the Average Daily Range (calculated over the last 100 days). In the past I would have set the SL on a fixed 30 or 50 pips, but I learned that for some currency-pairs this works and for others it doesn't. I think we all have seen orders that just hit the SL and then go in the direction that you predicted. By using a SL that is derived from a currencies own history makes the choice of a SL easier. The initial TP is 2 x ADR[100], for the same reason. I have learned this from other traders in the TMS-thread. For TMS it is handy to always see the value of the ADR[100] in case you want to add a manual trade.

Next is the "Pipsometer". It shows the number of pips that your position is positive or negative.

The 3 stars show the price-direction (trend) on 3 timeframes. Current, Next and Nextnext. (for example H1, H4 D1).

All this indicators are available separately, but I decided to combine them into one indicator to save system resources.
Please browse through the thread from the start. You will find earlier discussions about this topic.
Cheers...
  • #758
  • Aug 12, 2018 8:29am Aug 12, 2018 8:29am
Quoting jansb000
{quote} ADR[100] is the Average Daily Range (calculated over the last 100 days).
Thank you for the detailed instructions.
Do you have a manual pending order scrip, this Scrip assigns EA Magic number? for example, LRSF - Manual BUY LIMIT / SELL LIMIT Order scrip, LRSF - Manual BUY STOP / SELL STOP Order scrip
Thank you
Good luck to all
  • #759
  • Aug 12, 2018 9:06am Aug 12, 2018 9:06am
Quoting forexhanh47
{quote} Thank you for the detailed instructions. Do you have a manual pending order scrip, this Scrip assigns EA Magic number? for example, LRSF - Manual BUY LIMIT / SELL LIMIT Order scrip, LRSF - Manual BUY STOP / SELL STOP Order scrip Thank you
No, unfortunately I do not have a script for setting pending orders.
  • #760
  • Edited 1:55pm Aug 12, 2018 9:24am | Edited 1:55pm
Hi all,
I just finished the very first test-indicator for Heiken Ashi. If you want to test for yourself you can find it in post #1.

The arrows show where the HA-filter is currently seeing trade opportunities. Of course this signal is combined with many other tests. But as a stand-alone ... is this what you would have expected? You might immediatly think - oh but it didn't break the EMA5 here and there. But we don't look at the EMA5. This is just the HA as a stand alone case.
If there is no arrow here, no matter what the outcome of the other filters is, there will be no trade.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 30 KB

What is the meaning of the arrows?
- The arrow means that according the the TMS strategy concerning HA, at the close of the bar, this bar would qualify to start a new trade.
I would like to hear your opinion...
It would be great if we would find flaws in these filters. And, a good discussion will clarify the TMS strategy!!
Cheers...
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