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BTM - Expert Advisor (EA)

  • #1,481
  • Dec 4, 2019 5:19am Dec 4, 2019 5:19am
Quoting kette
JoeeF, your version 1.03 runs very well, without any problems
Thank you for your feedback. I appreciate it a lot.

Quoting kette
since there are still questions tp and sl I would say, everyone should decide for themselves, greed is the worst enemy in the trade
It's true. Without any hesitation.

All the best.
And you will leave pain to take care of itself.
  • #1,482
  • Dec 4, 2019 5:21am Dec 4, 2019 5:21am
Quoting tuxTrader
{quote} sorry, it was my bad. i thought Sgn is "Base Signal" that shows a signal when all conditions have been met so i didn't notice about trend direction.
No problem. Your feedback was really very valuable. Please keep posting.
Take care.
And you will leave pain to take care of itself.
  • #1,483
  • Dec 4, 2019 5:28am Dec 4, 2019 5:28am
Quoting vanca
{quote} is normal to bad trades comes because 90% people are using very risky settings who can give you a lot but take a lot. btm strategy are profitable when market are in one trend but when this trend start changing direction it will be a lot of false signals. only way to protect yourself for this kind of scenario is simple, use one of first rules: DONT ENTER TRADE IF TP1 IS NOT INSIDE OF BANDS =less profit, less losing trades, more stable grow but this is also not 100% sure if this is profitable for long term
It's the TP1InFilter ...


Quoting vanca
EDIT: Maybe if josefh can put in EA, rule: dont take more then 2-3 trades in one direction
This suggestion has been noted.

Thank you for your valuable feedback.
Take care.
And you will leave pain to take care of itself.
  • #1,484
  • Dec 4, 2019 5:29am Dec 4, 2019 5:29am
Quoting vanca
{quote} is normal to bad trades comes because 90% people are using very risky settings who can give you a lot but take a lot. btm strategy are profitable when market are in one trend but when this trend start changing direction it will be a lot of false signals. only way to protect yourself for this kind of scenario is simple, use one of first rules: DONT ENTER TRADE IF TP1 IS NOT INSIDE OF BANDS =less profit, less losing trades, more stable grow but this is also not 100% sure if this is profitable for long term EDIT: Maybe if josefh can put in...
>>>btm strategy are profitable when market are in one trend but when this trend start changing direction it will be a lot of false signals.

Really, these are golden words!

>>>only way to protect yourself for this kind of scenario is simple, use one of first rules: DONT ENTER TRADE IF TP1 IS NOT INSIDE OF BANDS

Yes, I used these settings. But now I decided to try to set this parameter to false.
  • #1,485
  • Dec 4, 2019 5:34am Dec 4, 2019 5:34am
Quoting vanca
{quote} is normal to bad trades comes because 90% people are using very risky settings who can give you a lot but take a lot. btm strategy are profitable when market are in one trend but when this trend start changing direction it will be a lot of false signals. only way to protect yourself for this kind of scenario is simple, use one of first rules: DONT ENTER TRADE IF TP1 IS NOT INSIDE OF BANDS =less profit, less losing trades, more stable grow but this is also not 100% sure if this is profitable for long term EDIT: Maybe if josefh can put in...
or close trade when reversal signal appeal ?
  • #1,486
  • Dec 4, 2019 5:36am Dec 4, 2019 5:36am
Quoting JoeeF
{quote} It's the TP1InFilter ... {quote} This suggestion has been noted. Thank you for your valuable feedback. Take care.
yes iam using this filter, for me this and RR filter are the best.

Quoting Legge
{quote} >>>btm strategy are profitable when market are in one trend but when this trend start changing direction it will be a lot of false signals. Really, these are golden words! >>>only way to protect yourself for this kind of scenario is simple, use one of first rules: DONT ENTER TRADE IF TP1 IS NOT INSIDE OF BANDS Yes, I used these settings. But now I decided to try to set this parameter to false.
be preper for big win but also for big loss... if you are lucky and put EA when trend change it will be very profitable day,week,weeks, but if you put EA on direction changing week be preper for oposite
patience, patience, patience and after that more patience
  • #1,487
  • Dec 4, 2019 5:50am Dec 4, 2019 5:50am
Quoting vanca
{quote} be preper for big win but also for big loss... if you are lucky and put EA when trend change it will be very profitable day,week,weeks, but if you put EA on direction changing week be preper for oposite
Had i known where i would fall, i wouldn't have come to that place at all
  • #1,488
  • Dec 4, 2019 6:13am Dec 4, 2019 6:13am
Quoting JoeeF
{quote} It's the TP1InFilter ... {quote} This suggestion has been noted. Thank you for your valuable feedback. Take care.
Hi Joe
So far, EA is very impressive. Just a thought.. During news or other events, spread can touch the roof, wonder if possible to apply a filter so as not to take trades if the spread is say over 5 ...
once again thanks a lot for your relentless effort and appreciate your knowledge ..
Regards
  • #1,489
  • Dec 4, 2019 6:45am Dec 4, 2019 6:45am
Quoting JoeeF
{quote} Yes. Of course. We can implement news module. I've got one for my pivot trading already. However, you've got basic functionality already implemented. If you want to not trade this Friday from 14:00 to 14:59 (server time) for example - you can simply implement it in XML config file or temporary from user interface on States tab: {image}
If I'm to implement this, should the time be based on my brokers time that is GMT+2
  • #1,490
  • Dec 4, 2019 7:03am Dec 4, 2019 7:03am
Quoting chiranjeev
{quote} Hi Joe So far, EA is very impressive. Just a thought.. During news or other events, spread can touch the roof, wonder if possible to apply a filter so as not to take trades if the spread is say over 5 ... once again thanks a lot for your relentless effort and appreciate your knowledge .. Regards
Yes it is. However, I'm not sure it would be good filter. You cannot use one value for all symbols. It would be too complicated.

The better solution is to stop trading before news will be released.
regards
And you will leave pain to take care of itself.
  • #1,491
  • Dec 4, 2019 7:04am Dec 4, 2019 7:04am
Quoting SOGabillions
{quote} If I'm to implement this, should the time be based on my brokers time that is GMT+2
Yes. Use your server time.
Take care.
And you will leave pain to take care of itself.
  • #1,492
  • Dec 4, 2019 7:08am Dec 4, 2019 7:08am
Quoting JoeeF
{quote} Yes it is. However, I'm not sure it would be good filter. You cannot use one value for all symbols. It would be too complicated. The better solution is to stop trading before news will be released. regards
i think is easier just press autotrading button (or ctrl+e) when you think ea have to stop working.
patience, patience, patience and after that more patience
  • #1,493
  • Dec 4, 2019 7:15am Dec 4, 2019 7:15am
Quoting JoeeF
{quote} Yes. Use your server time. Take care.
Thank you Joe
  • #1,494
  • Dec 4, 2019 7:45am Dec 4, 2019 7:45am
Can anyone solve this problem?
Attached Image (click to enlarge)
Click to Enlarge Name: ??.jpg Size: 28 KB
  • #1,495
  • Dec 4, 2019 7:46am Dec 4, 2019 7:46am
Today is.. Thanks a lot
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20191204_164345_net.metaquotes.metatrader4.jpg Size: 255 KB
  • #1,496
  • Dec 4, 2019 7:56am Dec 4, 2019 7:56am
Quoting hks117
Can anyone solve this problem? {image}
Please follow the first post.

Important notes:
Anytime you're reporting that EA isn't working please firstly read this post. And please do what is suggested in this post.

regards
And you will leave pain to take care of itself.
  • #1,497
  • Edited 8:18am Dec 4, 2019 8:03am | Edited 8:18am
My first trade opened, USDCHF Sell...I test it on two different brokers....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: MetaTrader 4 IC Markets.png Size: 52 KB
Click to Enlarge Name: Global Prime - MetaTrader 4.png Size: 64 KB
Attached File(s)
File Type: rar Log_GlobalPrime.rar   < 1 KB | 327 downloads
File Type: rar Log_ICMarket.rar   < 1 KB | 304 downloads
  • #1,498
  • Dec 4, 2019 8:10am Dec 4, 2019 8:10am
Please tell me the cause
I am not good at English
I'm using translation

log↓↓
JFC:USDCHF.std,M15
ArrDwn
D:M15,240
DwnTrd
UBS:-34.36,LBS:-40.50,
UB:0.99463,MB:0.99069,LB:0.98543
JFE:M15
R2:0.99527,R1:0.99112,PP:0.98837,S1:0.98422,S2:0.98147
A:0.98709, B:0.98686
D:M5,30
UpTrd
UBS:12.47,LBS:13.26,
UB:0.98923,MB:0.98789,LB:0.98640
D:M5,15
UpTrd
UBS:18.67,LBS:20.96,
UB:0.98934,MB:0.98824,LB:0.98695 (JF4XTraderGUIDashBoardTAB.mqh; Line: 432)
2019.12.04 23:01:04, INFO: Push Notification msg length:221 (JF4XTraderGUIDashBoardTAB.mqh; Line: 450)
2019.12.04 23:01:04, INFO: complied with all filters, s:USDCHF.std, pERIOD_M15 (JF4XTraderTrdStr.mqh; Line: 1111)
2019.12.04 23:01:05, ERROR: s:USDCHF.std, order:47669038, OrderModify err:145 (JFTradeWrp4.mqh; Line: 225)
2019.12.04 23:01:05, ERROR: s:USDCHF.std, order:47669038, Position has been closed. (JFTradeWrp4.mqh; Line: 227)
2019.12.04 23:01:05, ERROR: S:USDCHF.std, PERIOD_M15, Sell()#1 Err:0 (JF4XTraderTrdStr.mqh; Line: 284)
  • #1,499
  • Dec 4, 2019 8:20am Dec 4, 2019 8:20am
Quoting JoeeF
{quote} You've got issue with XML file. The EA isn't able to read it properly. If you would take a look at the LOG file you would see it. Please show us your XML config file and log output. regards {image}
problem solved, thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 24 KB
  • #1,500
  • Dec 4, 2019 8:24am Dec 4, 2019 8:24am
Quoting bazze
My first trade opened, USDCHF Sell...I test it on two different brokers.... {image} {image} {file} {file}
Thank you you're sharing your experiences.
Stay green.
And you will leave pain to take care of itself.
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