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Coding EA from indicator

  • #1
  • First Post: Dec 11, 2018 6:43am Dec 11, 2018 6:43am
Is there a coder on FF that is prepared to code an EA for free for forum use from an indicator that I have been trading and works fine? It is simple, open trade on long signal, close that trade on opposite signal and open new one short etc.
Barryvdw
  • #2
  • Dec 12, 2018 4:35am Dec 12, 2018 4:35am
I can try, If you can prove that Your strategy is really profitable...
Tell me more about that
  • #3
  • Dec 12, 2018 7:29am Dec 12, 2018 7:29am
Hi! The thing is that the indicator is Fisher based and only suitable (in my view) for swing trading as I use it only on 4hr time frame. AND it does repaint every time you stop and start your MT4 platform because it re-calculates the values. Then it seems like grossly repainting the position of the arrows, BUT: run it on a VPS (like I do) or have your computer on all the time, it starts making swing trading sense even on 1hr TF. I am not a scalper so lower TF I don't know how it will work, but a uninterrupted platform is essential for me.
What the EA has to do is switch direction at a certain point, which is the NEW ARROW showing up on the screen. Close the old open position if there was one, and open a new one in the opposite direction. Like SAR sort of thing. Al that is needed is a SL and TP setting with perhaps a trailing stop. Thats it.
I am a strong supporter of the KISS systems of this world so this is about as simple as you can make it.
One problem: I am a motor mechanic by trade, and I owned a home building enterprise for 25 years and now retired. WHAT CAN I KNOW ABOUT CODING? ZIP! And If I did I could do it, but I need someone who can do it for me and share whatever the result will be.
Try this indicator (or the Fisher with value 20) on the 4 hr charts (or daily) and see if the effort is worth your while to code this simple buy sell ea. Keep it simple has always worked for me. Live trading is already profitable for me, but I have to sleep sometime and therefore a EA is necessary.
Barry.
Barryvdw
  • #4
  • Dec 12, 2018 8:52am Dec 12, 2018 8:52am
Do you mind sharing the indicator you used ?
Is that this one ? (https://www.forexfactory.com/showthread.php?p=3067603)

I started working on that but the result is pretty much negative.
I kept the rules simple :
Buy when the Fisher Value is > 0
Sell when the Fisher Value is < 0
Can you please give more details about your strategy and how you filter out bad signals ?
  • #5
  • Dec 12, 2018 10:34am Dec 12, 2018 10:34am
Backtest this with your own Settings
SL
TP
Fisher Period
and Lots Size and let me know
Attached File(s)
File Type: mq4 FisherEA.mq4   7 KB | 408 downloads
File Type: mq4 fisher1.mq4   2 KB | 360 downloads
  • #6
  • Edited Dec 17, 2018 11:26pm Dec 12, 2018 7:57pm | Edited Dec 17, 2018 11:26pm
Quoting astonbraham
Do you mind sharing the indicator you used ? Is that this one ? (https://www.forexfactory.com/showthread.php?p=3067603) I started working on that but the result is pretty much negative. I kept the rules simple : Buy when the Fisher Value is > 0 Sell when the Fisher Value is < 0 Can you please give more details about your strategy and how you filter out bad signals ?
Sorry about that! Attached it is. And thanks!
{ copyrighted attachments deleted by staff }
Attached File(s)
File Type: pdf Manual.pdf   444 KB | 575 downloads
Barryvdw
  • #7
  • Dec 13, 2018 12:58am Dec 13, 2018 12:58am
Quoting astonbraham
Backtest this with your own Settings SL TP Fisher Period and Lots Size and let me know {file} {file}
I put it on VPS 1hr and 4 hr demo's, so we shall see. It is not the right time with volumes low before year end but we will see what we will see.
Question: will this ea stop and reverse (so to speak) when there is a change in direction? Close the open order and open a new order on the new signal?
Question: should the ea not open an trade only when the Fisher value is bigger or smaller than 0? Maybe 0.02 or -0.02 or something? Just to minimize false signals?
If you look at the Megaprofit indicator, the arrows open a little bit later than when the first bar of Fisher appears. I can't read the code so maybe there is some sort of delay built in? What I can see is a period of 21 in the Mega indi. Is that the delay?
Your experience is appreciated!
Barryvdw
  • #8
  • Dec 13, 2018 2:53am Dec 13, 2018 2:53am
Quoting barryvdw
{quote} Sorry about that! Attached it is. And thanks! {file} {file} {image}
Are you serious? Want someone to code you stuff from stolen IP? Sometimes I think some people don’t have any conscience.
  • #9
  • Dec 13, 2018 3:44am Dec 13, 2018 3:44am
Quoting JensItzig
{quote} Are you serious? Want someone to code you stuff from stolen IP? Sometimes I think some people don’t have any conscience.
This indicator with its open code files is available on several websites for anyone to use. If they stole it, please direct your attention to them. Do some research before making harsh judgments.
Barryvdw
  • #10
  • Dec 13, 2018 5:56am Dec 13, 2018 5:56am
Quoting barryvdw
{quote} This indicator with its open code files is available on several websites for anyone to use. If they stole it, please direct your attention to them. Do some research before making harsh judgments.
Of course. If you buy a stolen car you are absolutely not guilty. Total stupid only because of such suckers they can get enough money from ads for their stolen goods.
Oh i saw you from South Africa so my example with stolen cars will be not that good.

Then go and search a site where they offer stolen credit cards. It would be easier to make money with then. Then you don’t have to use forex for it.
  • #11
  • Dec 13, 2018 9:01am Dec 13, 2018 9:01am
Quoting JensItzig
{quote} Of course. If you buy a stolen car you are absolutely not guilty. Total stupid only because of such suckers they can get enough money from ads for their stolen goods. Oh i saw you from South Africa so my example with stolen cars will be not that good. Then go and search a site where they offer stolen credit cards. It would be easier to make money with then. Then you don’t have to use forex for it.
Ja. Easy way out. Just like Trump. Call everybody a useless liar and hope to stay out of jail.

If you do not use the net to get information for free, like everybody else does (hence the Google Success) just don't do it. Why am I replying to this thread? I don't know. I am usually not attending every stupid argument I am invited to. You are German right? GERMAN? And this is how YOU behave?? And you have comment on South Africa? You are a disgrace to your country. I started life as a an Apprentice Mechanic at Cargo Motors Mercedes Benz in Johannesburg in 1967. Everything I know and every bit of self discipline I have was taught to me by Germans who took no shit and was not shy to hit you in the head or pocket to get you to to submit to their discipline. I have admiration for for Germans. I cannot regret a moment of it!! This is what helped me having a owned business for 25 years+ and I must read the comments from a shithead like you?
I will not reply to any further idiocy from you.
Barryvdw
  • #12
  • Dec 13, 2018 9:22am Dec 13, 2018 9:22am
Hi Barryvdw! Is it possible to make an EA based on the attached indi (Didi_index_mtf+alerts+lines nmc)?
option:
Manually Close Trader
breakEvenPips
continue on each sign
Attached Image (click to enlarge)
Click to Enlarge Name: DIDI.PNG Size: 53 KB
Attached File(s)
File Type: ex4 Didi_index_mtf+alerts+lines nmc.ex4   26 KB | 427 downloads
File Type: mq4 Didi_index_mtf+alerts+lines nmc.mq4   8 KB | 425 downloads
  • #13
  • Dec 13, 2018 10:31am Dec 13, 2018 10:31am
Call it like you want.
You use stolen IP to your favor and that’s the point.
No excuses for that and I can live with that called idiot from a thief.
  • #14
  • Dec 13, 2018 11:10pm Dec 13, 2018 11:10pm
Quoting hapanoy
Hi Barryvdw! Is it possible to make an EA based on the attached indi (Didi_index_mtf+alerts+lines nmc)? option: Manually Close Trader breakEvenPips continue on each sign {file} {file} {image}
You will have to ask a coder somewhere to do that. I cannot code unfortunately. Sorry.
Barryvdw
  • #15
  • Dec 14, 2018 12:40pm Dec 14, 2018 12:40pm
Quoting barryvdw
{quote} You will have to ask a coder somewhere to do that. I cannot code, unfortunately. Sorry.
The simple, clear and distinguishable entries that you have in the picture, do not happen all the time, which an EA for this indi, there would be many unnecessary entries. I think you also need some sort of filter.
  • #16
  • Dec 15, 2018 1:26am Dec 15, 2018 1:26am
Quoting astonbraham
Backrest this with your own Settings SL TP Fisher Period and Lots Size and let me know {file} {file}
Morning! And thank you again for the coding.
I forward tested the ea on demo in 1hr and 4hr time-frames, and it does what I wanted it to except:
Example; there is an open order long and the market reverses and an opposite fisher color appears. The system must then first close the first open order which exists and open the new order in the opposite direction. This does not happen which results in a loss of course because it hits the SL.

Could you fix that please? Thats all thats needed for this ea to do what I needed.

Thank you again, much appreciated!!
Barry.
Barryvdw
  • #17
  • Dec 17, 2018 12:18am Dec 17, 2018 12:18am
Quoting astonbraham
Do you mind sharing the indicator you used ? Is that this one ? (https://www.forexfactory.com/showthread.php?p=3067603) I started working on that but the result is pretty much negative. I kept the rules simple : Buy when the Fisher Value is > 0 Sell when the Fisher Value is < 0 Can you please give more details about your strategy and how you filter out bad signals ?
The only way I have seen is to let the robot enter only at the 0.4 level both directions. May be a good idea to include this option as self set level in the settings.
Thank you!
Barryvdw
  • #18
  • Dec 17, 2018 2:43am Dec 17, 2018 2:43am
Sorry, I am on vacation and I am not currently available enough to continue the development. I'll do my best. Anyway I could not really go further. The second indicator sent was reverse-engineered and its code is not easily understandable, which made development more difficult. I will see when I get back.
  • #19
  • Last Post: Dec 17, 2018 3:06am Dec 17, 2018 3:06am
Enjoy your vacation and have a profitable 2019.
Barryvdw
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