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BTM - Expert Advisor (EA)

  • #761
  • Nov 18, 2019 11:36am Nov 18, 2019 11:36am
Quoting Cologne
So maybe if I get it all right, I can help writing a guide for n00bs like me. Making userguides (phonesystems, apps and software) is part of my daily job.
It would be great.
Quoting Cologne
Anyway, the push notification I recieved on my phone of the USDCAD signal is attached in this reply. {image}
This is it. It's working. This is push notification from version 1.01. RRR you can find in log file.

Please don't afraid. We'll solve it.
regards
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 4 KB
And you will leave pain to take care of itself.
  • #762
  • Nov 18, 2019 11:57am Nov 18, 2019 11:57am
Quoting JoeeF
{quote} It would be great. {quote} This is it. It's working. This is push notification from version 1.01. RRR you can find in log file. Please don't afraid. We'll solve it. regards {image}
I also got a signal, but no trade. I wonder why?
log file:
2019.11.18 16:00:00, INFO: symbol:USDCAD, bid:1.32140, r1:1.32438, s1:1.32108, reward:32.0, risk:298.0 (JF4XTraderTrdStr.mqh; Line: 527)

Also my reward appears to be different to yours.?
  • #763
  • Nov 18, 2019 12:04pm Nov 18, 2019 12:04pm
Quoting johnsmith2nd
{quote} I also got a signal, but no trade. I wonder why? log file: 2019.11.18 16:00:00, INFO: symbol:USDCAD, bid:1.32140, r1:1.32438, s1:1.32108, reward:32.0, risk:298.0 (JF4XTraderTrdStr.mqh; Line: 527) Also my reward appears to be different to yours.?
Once more time:
https://www.forexfactory.com/showthr...8#post12621468

Version 1.01 is following basic rules:
(1) Only TP1 at r1/s1
(2) SL at opposite side s1/r1
(3) reward>=risk

Data differ broker by broker.
regards
And you will leave pain to take care of itself.
  • #764
  • Nov 18, 2019 12:44pm Nov 18, 2019 12:44pm
Quoting johnsmith2nd
{quote} I also got a signal, but no trade. I wonder why? log file: 2019.11.18 16:00:00, INFO: symbol:USDCAD, bid:1.32140, r1:1.32438, s1:1.32108, reward:32.0, risk:298.0 (JF4XTraderTrdStr.mqh; Line: 527) Also my reward appears to be different to yours.?
Bad RR, EA take only trades 1:1 or more. If for you RR is good, take trade manually. For EA RR is very bad, so no trade. We all gona have difrend RR becouse, everyone use difrend broker.
  • #765
  • Nov 18, 2019 12:52pm Nov 18, 2019 12:52pm
the Risk-Reward Shield is very usefull under Money Management aspects....as Money Management is the real key to successfull trading

Entry is importand..but MM is the king (my point of view)
  • #766
  • Nov 18, 2019 1:04pm Nov 18, 2019 1:04pm
Quoting JoeeF
{quote} Once more time: https://www.forexfactory.com/showthr...8#post12621468 Version 1.01 is following basic rules: (1) Only TP1 at r1/s1 (2) SL at opposite side s1/r1 (3) reward>=risk Data differ broker by broker. regards
Hey JoeeF, pay attention to your next posts because you are reaching the highest patience level that a human can hit.......
Attached Image

I call upon my father's spirit , watching over me
  • #767
  • Nov 18, 2019 1:28pm Nov 18, 2019 1:28pm
I got a message this evening from someone asking me to send the XML file. I am glad I can help in some way and thought this might be useful for others as well. My file is working correctly and you can replace your XML file with this one.

I added 32 pairs based on their spread (max 10 points except for gold). Beware, I am using IC Markets. The spreads with your broker might differ. High spreads can result in early SL hit without price actually touching the SL level.
Also be aware that my broker might name the pairs differently.

My XML file has notifications, alerts and all bells and whistles active.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB


Also, my lot amount is set to 0.01 lot. BTW, upon insert of the EA to the chart, the EA settings for lot size is 0.1 so I always change that as well.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 60 KB
Attached File(s)
File Type: xml JF4XTrader.xml   10 KB | 264 downloads
I believe so I exist
  • #768
  • Nov 18, 2019 2:28pm Nov 18, 2019 2:28pm
Quoting JoeeF
{quote} Once more time: https://www.forexfactory.com/showthr...8#post12621468 Version 1.01 is following basic rules: (1) Only TP1 at r1/s1 (2) SL at opposite side s1/r1 (3) reward>=risk Data differ broker by broker. regards
Got it, apologies.
  • #769
  • Nov 18, 2019 2:32pm Nov 18, 2019 2:32pm
Quoting Cologne
I got a message this evening from someone asking me to send the XML file. I am glad I can help in some way and thought this might be useful for others as well. My file is working correctly and you can replace your XML file with this one. I added 32 pairs based on their spread (max 10 points except for gold). Beware, I am using IC Markets. The spreads with your broker might differ. High spreads can result in early SL hit without price actually touching the SL level. Also be aware that my broker might name the pairs differently. My XML file has notifications,...
Thank you for your help. It might help people mainly with the same broker.
All the best.
And you will leave pain to take care of itself.
  • #770
  • Nov 18, 2019 4:21pm Nov 18, 2019 4:21pm
AUDNZD
closed at SL

This was very weird. The news ...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 19 KB
Click to Enlarge Name: Image2.png Size: 5 KB
Click to Enlarge Name: Image3.png Size: 5 KB
And you will leave pain to take care of itself.
  • #771
  • Nov 18, 2019 4:28pm Nov 18, 2019 4:28pm
Quoting JoeeF
AUDNZD closed at SL This was very weird. The news ... {image} {image} {image}
Spreed always goes crazy at closing minute and opening of the new day. I normally close all my trade 5 minutes before to avoid this.
  • #772
  • Nov 18, 2019 4:31pm Nov 18, 2019 4:31pm
Quoting JoeeF
AUDNZD closed at SL This was very weird. The news ... {image} {image} {image}
Yep got the news alert pop in!

Closed my trades manually yesterday (Syd, AUS time).
Stay green!!!
  • #773
  • Nov 18, 2019 8:51pm Nov 18, 2019 8:51pm
Both EN and GN hit TP 1
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 9 KB
Stay green!!!
  • #774
  • Nov 19, 2019 12:14am Nov 19, 2019 12:14am
GBPCAD signal. Took it manually. Bad RRR.
I believe so I exist
  • #775
  • Nov 19, 2019 2:08am Nov 19, 2019 2:08am
Quoting Froggy
Both EN and GN hit TP 1 {image}
Were these manual trades? Just trying to get my head around the R:R system. According to your screenshot the risk outweighs the reward correct?
  • #776
  • Nov 19, 2019 2:12am Nov 19, 2019 2:12am
Quoting johnsmith2nd
{quote} Were these manual trades? Just trying to get my head around the R:R system. According to your screenshot the risk outweighs the reward correct?
Yes mate, also took GC manually, just to try BTM strategy, so far so good....
Stay green!!!
  • #777
  • Nov 19, 2019 2:21am Nov 19, 2019 2:21am
Quoting johnsmith2nd
{quote} Were these manual trades? Just trying to get my head around the R:R system. According to your screenshot the risk outweighs the reward correct?
When you have received alert you can make your own decision to take that trade by hand.

EA makes his own decision.

In this case, EA didn't take trade. Anyway, user made that trade manually after alert.

regards
And you will leave pain to take care of itself.
  • #778
  • Nov 19, 2019 2:28am Nov 19, 2019 2:28am
Quoting JoeeF
{quote} When you have received alert you can make your own decision to take that trade by hand. EA makes his own decision. In this case, EA didn't take trade. Anyway, user made that trade manually after alert. regards
And we're trying to find proper format for push notification alert right now.
regards
Attached Image
And you will leave pain to take care of itself.
  • #779
  • Nov 19, 2019 2:40am Nov 19, 2019 2:40am
Quoting JoeeF
{quote} And we're trying to find proper format for push notification alert right now. regards {image}
IMHO we have to stay simply with few information..
Arrov signal, trend signal (yes/no) risk/reward trade signal (yes /no).
I mean if signal is OK and token by Ea we don't need to any more info.... If we use for manual trading I think is important to have some info to approach chart in detail before one decision....
Just my 2 cents
Always thanks for your great effort
Regards
  • #780
  • Nov 19, 2019 2:57am Nov 19, 2019 2:57am
Quoting JoeeF
{quote} And we're trying to find proper format for push notification alert right now. regards {image}
We should keep it simple I think,
Like :
Pair : USDCAD , M15
Signal : Arrow Down
Trend : Downtrend
Risk/Reward : XXX / XXX
Valid signal : Yes [Entered by EA]

Valid signal = yes, if entered by EA. Else, no.
So, if RR is around 100/90 (risk > reward) :
- Valid signal : No
You decide to enter by hand or not.

Also, maybe write :
R1 : 100 points from PP
S1 : 90 points from PP
R1 inside bands
S1 inside bands
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