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Price Action Trading with Indicators! The Freebie System

  • #9,161
  • Oct 27, 2018 8:58pm Oct 27, 2018 8:58pm
Quoting nave
{quote} Yes. Still using the preset previously attached.
I am using it for EU, EJ, UJ, USDSGD.
Previouly was using it on GBP pairs but have since aborted it cos of weird spike when some unexpected news and comments are made. The most active trades are from EU and EJ. The SGD pair maybe i am going to abort it next month due to the low adr. Can be good and bad with low adr. Tight stop lose is bad but quicker TP when momentum is there is good.
  • #9,162
  • Jan 26, 2019 8:57am Jan 26, 2019 8:57am
This thread DEAD or still operating?

Files and Indicators on first page are up to date? if not on which page can they be found?

Creator of this left? since last login would be Aug 27, 2016
  • #9,163
  • Mar 8, 2019 6:38am Mar 8, 2019 6:38am
Quoting xmess7
{quote} Sorry, that's debug printing... No, it won't slow it down, what will happen is that your log files are a little large. I thought I had removed all of them. Ok Updated EA, found the print and removed it. Here's the updated copy. BTW please share your set file and explain your setup. Would appreciate it and would like to also run statistical tests on it. Thank you. {file}
Hi jess,

I stumbled to this thread found your brilliant work here 63versions. Thread is so quite means EA is doing great. Will definitely demo in future.

Cheers.
  • #9,164
  • Mar 11, 2019 2:23pm Mar 11, 2019 2:23pm
Quoting fareed51
{quote} Hi jess, I stumbled to this thread found your brilliant work here 63versions. Thread is so quite means EA is doing great. Will definitely demo in future. Cheers.
Hey Fareed welcome. Hope you find something like nave did and share it with us. I been away but I coming back soon. I am virtually down with the ccfp EA and should be able to continue and get this EA to be profitable. I have some ideas that I plan to try out and also will be testing nave's 1hr approach as well.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,165
  • Mar 12, 2019 7:21am Mar 12, 2019 7:21am
Quoting xmess7
{quote} Hey Fareed welcome. Hope you find something like nave did and share it with us. I been away but I coming back soon. I am virtually down with the ccfp EA and should be able to continue and get this EA to be profitable. I have some ideas that I plan to try out and also will be testing nave's 1hr approach as well. Jess
I'm testing this ea with nave settings. So far so good and profitable . Testing continues before sending them to my Live portfolio.

Finger cross.
  • #9,166
  • Apr 9, 2019 9:44am Apr 9, 2019 9:44am
Anyone trading with this strategy and profiting?
  • #9,167
  • Apr 9, 2019 10:50am Apr 9, 2019 10:50am
Quoting Bawihpuia
Anyone trading with this strategy and profiting?
I don't think so... I been forward testing what fareed1 proposed but so far have not had similar results.

The thing this EA lacks big time is the notion to determine trend direction. what I mean is to detect trend with a 50-70% probability that it does it like we would do with our EYES. That is what the original founder Dredding use to do. he would constantly remind everyone to LOOOK,, simply LOOK at the direction that the candles were moving and that would be the direction you would use. Then after that you just use the indicators and signals on pg 1 to get an entry at the 15 min (or hour) Timeframe.

If you decide to use the EA (last version is 60) you will notice that there are several entries for the trend direction feature. So far non have provided decent results.
But.. the lower timeframe entry as spelled out on pg1 work fine. All you need is the right direction, I know this is what every system needs right? What I mean is all we need is something that is at the least 50% right in terms of getting the direction.

Eventually I will find something or code up something that does what we do with our eyes. When that happens this EA is going to be a KILLER!!!!

PEACE
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,168
  • Edited 9:49pm Apr 11, 2019 9:11pm | Edited 9:49pm
Quoting xmess7
{quote} I don't think so... I been forward testing what fareed1 proposed but so far have not had similar results. The thing this EA lacks big time is the notion to determine trend direction. what I mean is to detect trend with a 50-70% probability that it does it like we would do with our EYES. That is what the original founder Dredding use to do. he would constantly remind everyone to LOOOK,, simply LOOK at the direction that the candles were moving and that would be the direction you would use. Then after that you just use the indicators and signals...
Hello everyone it's been along time since I posted here but I agree with Xmess7 all this EA really lacks is trend direction. I still use version 51 because it has the breakeven adjustment I asked Xmess7 for. I have been to other threads and read about other ways to successfully trade and I always end up coming back here because I know that this has great possibilities. I only have two issues with the EA version 51:
1. It does not remove the take profit when I put "NO" in the box where it says "After BE keep TP"
2: When I chose ZigZag for AutoTrend It keeps telling me to Download the MTF ZigZag which I already have downloaded numerous times and is already on my chart
I personally prefer the breakeven option "on the Semafor" instead of "on opposite semafor" this is why I still use the older version instead of the new version. I also like using the MTF zizgzag for at least some type of trend direction.
How did your testing go when you were using the MTF ZigZag for trend direction?
Well if you do decide to make these changes on the new EA I will use the new EA and test it out.
Can you make the MTF Zigzag auto trend follow the 4 hour zigzag for the 15 minute chart.
Thanks again for the work you do and have done.
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  • #9,169
  • Apr 11, 2019 9:25pm Apr 11, 2019 9:25pm
This is the "on Sema" BE option you made for me on the EA version 51 just in case you forgot. I know it's been along time lol.
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  • #9,170
  • Apr 11, 2019 10:25pm Apr 11, 2019 10:25pm
It seemed like the MTFZigZag was working pretty good but I do think that a 4 hour zigzag for 15 minute would work better than the daily zigzag for 15 minute.
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  • #9,171
  • Apr 12, 2019 12:22am Apr 12, 2019 12:22am
Quoting Checkz
{quote} Hello everyone it's been along time since I posted here but I agree with Xmess7 all this EA really lacks is trend direction. I still use version 51 because it has the breakeven adjustment I asked Xmess7 for. I have been to other threads and read about other ways to successfully trade and I always end up coming back here because I know that this has great possibilities. I only have two issues with the EA version 51: 1. It does not remove the take profit when I put "NO" in the box where it says "After BE keep TP" 2: When I chose ZigZag for...

Hey CheckZ! Good to see ya. Well, I will tell you why you are having the issue.
The name you have on your list is different than the name the EA calls out.
On your list you have _MTF_ZigZag_xm7, the EA is looking for #MTF_ZigZag_xm7.
Make the name of your copy start with # instead of the underscore and that should fix the error.

I'll take a look at what was done. You see, all the stuff that you have in 51 is in 64. What you don't see is indicators on the list. I removed then cause well no one was doing anything LOL, but I can add all of them back. Oh and another thing! In 64 I hard code the indicators so you don't need them anymore. YOu can just put the EA v64 on the chart with no indicators (so no more error messages even if u misspell your indicator). PLus the code is more robust, that is the trade signals are more exact and less prone to missing any conditions.

Ok, I'll take a look. I am still looking for something that can help us determine trend. I have the following idea:
I was reading "the only pattern" thread (https://www.forexfactory.com/showthread.php?t=607008) and got the idea that perhaps I can use the sweetspots to find support/resistance with a bullish/bearish pattern on the higherTF. I was doing some manual looks for the pattern and it seems to yeild at the least one or two candle in the right direction. Granted the signals do not happen often.

Another idea is to create an algorythm that will emulate the HIGHER HIGHs/LOWER LOWs, just like we do with our eyes. IF I recal that is what DRedding did alot. He would just LOOK and then determine the direction and leave it at that and he was right over 70-80% of the time.

Ok I'll also look into adding the TF change to the lastest version. I think I will make like a default set and then also let you guys change them as you see fit. So that way u have both options. Default uptrend TF or Manual uppertrend TF

Thnx for the heads up. We'll get this sucker working... it does work... Dredding made it work.... MAN I think he passed away. you know? I mean yea ok I cans ee someone leave all of this but sooner or later they get the curiosity to see what has happened. So my conclusion is he passed away.... That more than likely what happened.

Ok dude... take care and keep in touch....

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,172
  • Apr 12, 2019 12:26am Apr 12, 2019 12:26am
Quoting Checkz
This is the "on Sema" BE option you made for me on the EA version 51 just in case you forgot. I know it's been along time lol. {image}
DUUUUUDE!! I don't remember doing this BE based on 3SEMAFOR dot LOL!!! I mean get the logic but I don't remember how I actually coded it. LOL.
No problem once I see it in the code I will more than likely improve it. I got more tools today and ways of doing things that are much faster and more precise than back then .

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,173
  • Apr 12, 2019 1:35am Apr 12, 2019 1:35am
Quoting xmess7
{quote} Hey CheckZ! Good to see ya. Well, I will tell you why you are having the issue. The name you have on your list is different than the name the EA calls out. On your list you have _MTF_ZigZag_xm7, the EA is looking for #MTF_ZigZag_xm7. Make the name of your copy start with # instead of the underscore and that should fix the error. I'll take a look at what was done. You see, all the stuff that you have in 51 is in 64. What you don't see is indicators on the list. I removed then cause well no one was doing anything LOL, but I can add all of...
Wow thanks a lot I never noticed that the way the MTF Zigzag was listed was causing the problem. I made the change. As for Dredding I often have wondered what happened to him because the last I remember he was suppose to be going to college or taking some classes but I'm not sure. I also wondered if he maybe had passed away because he never came back to check the thread I originally thought that when he had set up the chat group that he and everybody else went there but I don't hear anybody talking about it so I guess it was shut down or something.
Thanks again for your help
  • #9,174
  • Edited 3:12am Apr 12, 2019 2:53am | Edited 3:12am
UPDATED EA VERSION 65

http://xm7.info/ea/freebie/xm7_Freebie_EA_v65.ex4

1. Added a new input. SelectUpperTF (see image below).
Leave it at AUTO and EA auto detects the higher TF for the trend. or select your own higherTF

2. Added back the ZigZag for higher TF trend detection. Remember in this version you dont need any of the indicators to be on your machine even LOL.
I hard coded the ZigZag, HA, 3Semafor. So if you are running a VPS and need more memory u can use put the EA on the charts. Use the indicators only for you TO SEE what is going on or if you have enough memory and it doesn't slow down your system )which is usually the case on your own machine).

3. I updated the code for the condition "AfterBE_KeepTP" to see if we can get that to work.

Take it for a spin and let me know. When I get a chance later I will start running it myself using the ZIGZAG to detect trend. Dont have the time at the moment to even test it

Jess
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Attached File(s)
File Type: txt POST_WITH_FREEBIE_EA_UPGRADE.txt   < 1 KB | 424 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #9,175
  • Apr 12, 2019 3:00am Apr 12, 2019 3:00am
Quoting zorran
{quote} Hi xm7- Can you please activate the ASCtrend...please. The best set up would be for 15min TF the EA would look into 1H ASCtrend indicator for trend. So far it has been consistent manually, but I have testing live for only a week. When I sleep the trend usually changes (and since I cant manually reset the EA) it loses. I am attaching the ASCtrend (risk=6) {file}
Oops zorran (if you are still using this EA at all LOL).. in the latest version I took off the ASCtrend ... let me know if you still need it LOL

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #9,176
  • Apr 12, 2019 4:20am Apr 12, 2019 4:20am
Quoting xmess7
UPDATED EA VERSION 65 http://xm7.info/ea/freebie/xm7_Freebie_EA_v65.ex4 1. Added a new input. SelectUpperTF (see image below). Leave it at AUTO and EA auto detects the higher TF for the trend. or select your own higherTF 2. Added back the ZigZag for higher TF trend detection. Remember in this version you dont need any of the indicators to be on your machine even LOL. I hard coded the ZigZag, HA, 3Semafor. So if you are running a VPS and need more memory u can use put the EA on the charts. Use the indicators only for you TO SEE what is...
Thanks Xmess7 but I still have a couple of questions
1. Did you decide not to put the "on Semafor " option on BE?
2. Can you put theses option on for the display?
The display is pretty large and I was wondering if we could have a option for no display.
Thanks again.
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  • #9,177
  • Apr 12, 2019 10:52am Apr 12, 2019 10:52am
Quoting Checkz
{quote} Thanks Xmess7 but I still have a couple of questions 1. Did you decide not to put the "on Semafor " option on BE? 2. Can you put theses option on for the display? The display is pretty large and I was wondering if we could have a option for no display. Thanks again. {image}
Checkz:

Yep that option is still on the BE option, it was never removed, just renamed. The choice is called "onOppositeSema" and yea sorry the name is incorrect. I renamed it to "OnNextSema_ProfitPositive". Just trying to make it as clear as possible without using too many works. Space limit you know.

Question, would you want minimum Pip distance condition in order to place the BE, remember some semas can appear just as profit is real small like 0.1 pips. If that is the case I think you might end up with the trade closing right away.

Added back the options for display.

If you think this is big you should see the CCFP (See image below) not one but TWO panels LOL

ok, download it again and keep me posted, thnx.

http://xm7.info/ea/freebie/xm7_Freebie_EA_v65.ex4


J
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Our AWESOME IMAGINATION is the true holy grail!
  • #9,178
  • Apr 12, 2019 11:29am Apr 12, 2019 11:29am
Quoting xmess7
{quote} Checkz: Yep that option is still on the BE option, it was never removed, just renamed. The choice is called "onOppositeSema" and yea sorry the name is incorrect. I renamed it to "OnNextSema_ProfitPositive". Just trying to make it as clear as possible without using too many works. Space limit you know. Question, would you want minimum Pip distance condition in order to place the BE, remember some semas can appear just as profit is real small like 0.1 pips. If that is the case I think you might end up with the trade closing right away. Added...
Thanks again and since the "OnNextSema_ProfitPostive" works the same then no change is needed. I will let you know how it works out.
  • #9,179
  • Apr 12, 2019 8:05pm Apr 12, 2019 8:05pm
EA 65 didn't place a buy trade when green HA appeared.
Here are the messages I got. I switched back to version 51 since I really wasn't having any major problems with it. Plus I know you are pretty busy working on the other thread so I will just wait until you have the time to revamp the freebie EA the way you really want it to work.
My EA 65 settings were:
Autotrend-None
Upper Timeframe-Current
Use Stochs-False
I will let you know if I start having any major problems with version 51.
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  • #9,180
  • Apr 17, 2019 10:37pm Apr 17, 2019 10:37pm
Quoting xmess7
{quote} Oops zorran (if you are still using this EA at all LOL).. in the latest version I took off the ASCtrend ... let me know if you still need it LOL Jess
Hi xm7,

Sarcasm ? Jokes apart, I haven't been testing this EA lately. There was not much activity in the thread.
However, I still think it is a good EA. There's only so much, that can be done to perfect the entry, anyway. In my opinion, the key lies in optimization of the money management. Tight stop losses with 1:1 (risk:reward) may be reason for high rate of losses. Have you ever considered adding a recovery system when/if the trade goes southward?
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