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Simple Monday-Tuesday System (attached calculator)

  • #781
  • Mar 4, 2020 4:16pm Mar 4, 2020 4:16pm
Quoting 0xff
{quote} I maked a simple script(not EA) for this actions. On first wednesday's H1 bar I drag-n-drop script on the chart. And repeat it for all currencies charts. What script will do: check for highest high and lowest low for last 48 H1 bars and send 2 pending orders - buy stop & sell stop by %fibo setted when script loaded. Example for lvl_for_enter = 25: Entry level for buy stop order = 125% fibo at range Entry level for sell stop order = -25% fibo at range Example for sl_for_order = 25: StopLoss level for buy order = High of range - 25% = 75%...
Hi oxff,

I have dropped your shared script on chart , see attached, it putted different levels for entry (0%), i have dropped another script shared in this thread as well as an indi drops lines both have different entry points than yours, i am using Roboforex for test. RoboForex server time differs from UTC by 2 hours (UTC +2), and in summer, with a switch to daylight-saving time, the difference equals to UTC +3.
TIA
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 55 KB
  • #782
  • Mar 4, 2020 4:23pm Mar 4, 2020 4:23pm
Quoting Sangui
Being a system that doesn't need to be run on every tick I added a timer parameter in seconds for the code to be executed, most useful for improving backtesting performance. Defaulted to 5 minutes. v1.4 attached I agree BeaterTrader, I ran a backtest from 2010 for some pairs and the results are good for the last months but not before, so we might be at a good time for the system but should be very careful because it doesn't win in the long run, at least with default parameters and this week we also had the Brexit favouring the system. I will go...
Hi Sangui,

Thanks for EA v1.4, forward tested on several pairs but seems we should put different magic no. for each pair because it closed opposite side ( sell) for all pairs as soon as a buy order activated. it also won't accept adjustment for parameters like TP after running on chart, right? i initially inputted zero for TP then changed it to 100 but still closing with zero or minimal profits. TIA
  • #783
  • Mar 4, 2020 4:27pm Mar 4, 2020 4:27pm
Quoting redfan
I've just close this trade in profit, only manually trading these, buy or sell when the body of the candle crosses the entry line. I am not taking it when it is just the tale of the candle. {image}
The tail and the body are not confirmed unless the candles closes, did you take that on a different timeframe than the Daily chart you posted?

Otherwise, you traded the price as the system requires.

Good one!
It takes a lot for me to IGNORE you, but you can try.
  • #784
  • Mar 4, 2020 4:36pm Mar 4, 2020 4:36pm
there are so many EAs are coming up in this thread,is anyone leading this thread?so we know which one to test?
  • #785
  • Mar 4, 2020 4:47pm Mar 4, 2020 4:47pm
Quoting T4Trade
there are so many EAs are coming up in this thread,is anyone leading this thread?so we know which one to test?
There appear to be three in total - why not try them all and pick the one you want to use?
"Pips are vanity. Profit is sanity."
  • #786
  • Mar 4, 2020 6:18pm Mar 4, 2020 6:18pm
Quoting PaulDV
{quote} There appear to be three in total - why not try them all and pick the one you want to use?
How about don't use any? Use your eyes.
All you touch and all you see, is all your life will ever be.
  • #787
  • Mar 4, 2020 9:29pm Mar 4, 2020 9:29pm
Quoting Erebus
{quote} No one noticed that the 4 least movements are GBP pairs, which this method is based on? Quite ironic
you make a good point
got in to GBPUSD, lets see how that turns out
  • #788
  • Mar 4, 2020 10:07pm Mar 4, 2020 10:07pm
Quoting PaulDV
{quote} There appear to be three in total - why not try them all and pick the one you want to use?
its very time consuming for all of us to do this drill,i wish someone takes the lead and steer it,thanks
  • #789
  • Mar 4, 2020 10:08pm Mar 4, 2020 10:08pm
Quoting Mohsen-b
{quote} Hi Sangui, Thanks for EA v1.4, forward tested on several pairs but seems we should put different magic no. for each pair because it closed opposite side ( sell) for all pairs as soon as a buy order activated. it also won't accept adjustment for parameters like TP after running on chart, right? i initially inputted zero for TP then changed it to 100 but still closing with zero or minimal profits. TIA
Hi Mohsen-b,

I didn't continue developing the EA and didn't test what you say but with a quick look at the code I can see that I am checking for symbol in the IfOneSideOpenedCancelTheOther() function:
if(OrderMagicNumber() == MagicNumber && OrderSymbol() == Symbol()...

So I don't know why that would be happening.
You can try adding this line in the OnInit() to create a unique MN for every time you attach the EA: MagicNumber = WindowHandle(Symbol(),0);
If you do that also change the input MagicNumber by extern int MagicNumber;

About editing the parameters while the EA is running I didn't even know that was possible to be honest.
  • #790
  • Mar 4, 2020 10:34pm Mar 4, 2020 10:34pm
Quoting T4Trade
{quote} its very time consuming for all of us to do this drill,i wish someone takes the lead and steer it,thanks
My EA would have done the job and more. Unfortunately, I have nobody to build it, and I am not going to pay $300.00 dollars (what the coder wanted to charge me) to have it built.
Learn from your mistakes and march on.
  • #791
  • Mar 4, 2020 10:55pm Mar 4, 2020 10:55pm
Quoting here2there
{quote} My EA would have done the job and more. Unfortunately, I have nobody to build it, and I am not going to pay $300.00 dollars (what the coder wanted to charge me) to have it built.
few traders can make a group and contribute to get the job done,u will get 30 traders easily to contribute at least 10 bucks each.
  • #792
  • Mar 4, 2020 11:04pm Mar 4, 2020 11:04pm
Quoting T4Trade
{quote} ...u will get 30 traders easily to contribute at least 10 bucks each.
Doubtful.

I put together a set of rules for an EA that isn't dependent on this strategy but would work quite well with it. A very powerful EA.

Nobody is interested.

You can find it here.
Learn from your mistakes and march on.
  • #793
  • Mar 4, 2020 11:34pm Mar 4, 2020 11:34pm
Quoting T4Trade
{quote} few traders can make a group and contribute to get the job done,u will get 30 traders easily to contribute at least 10 bucks each.
Only the script in the first post works reliably.
Please excuse the bad English via Google Translate.
  • #794
  • Mar 5, 2020 12:08am Mar 5, 2020 12:08am
Quoting dokopy
{quote} Only the script in the first post works reliably.
What does that have to do with my idea for an EA? Are you implying my EA wouldn't be reliable? If so, then you don't understand it.
Learn from your mistakes and march on.
  • #795
  • Mar 5, 2020 1:02am Mar 5, 2020 1:02am
Quoting Spikehunter
{quote} I have added SL & TP into the EA. That means just run it , when all orders are opened turn it off. I havent tested it yet and I am going to called for dinner. I'll check back later. {file}
Hi spike .
Unfortunately this one in not working. The SMC EA Basic daily (post #685) as I said, is working with many pairs except AUDUSD,EURUSD, etc..see post #759
  • #796
  • Mar 5, 2020 2:10am Mar 5, 2020 2:10am
Quoting Sangui
{quote} Hi Mohsen-b, I didn't continue developing the EA and didn't test what you say but with a quick look at the code I can see that I am checking for symbol in the IfOneSideOpenedCancelTheOther() function: if(OrderMagicNumber() == MagicNumber && OrderSymbol() == Symbol()... So I don't know why that would be happening. You can try adding this line in the OnInit() to create a unique MN for every time you attach the EA: MagicNumber = WindowHandle(Symbol(),0); If you do that also change the input MagicNumber by extern int MagicNumber; About editing...
Hi Sangui,
Thanks for reply, but have no idea about coding, i wish you have time doing said adjustments, It is working good in back testing but not stable in forward so it would be good if be able to test it every day instead of waiting for next Wednesday by adding day parameter for trading.
  • #797
  • Mar 5, 2020 2:18am Mar 5, 2020 2:18am
Quoting here2there
{quote} What does that have to do with my idea for an EA? Are you implying my EA wouldn't be reliable? If so, then you don't understand it.
Just my experience. You can understand me or not.
Please excuse the bad English via Google Translate.
  • #798
  • Mar 5, 2020 3:17am Mar 5, 2020 3:17am
Ican2020
Just in case you don't get the message, I put those EA's on post 780,
good trading keep it simple.
  • #799
  • Mar 5, 2020 3:47am Mar 5, 2020 3:47am
Quoting zoraxfx
{quote} Hi spike . Unfortunately this one in not working. The SMC EA Basic daily (post #685) as I said, is working with many pairs except AUDUSD,EURUSD, etc..see post #759
It seems to only want to open a limited number of trades. The problem lies in trying to open all 52 trades together. I think we have missed this week so I will test it over the next few days and see how to fix it. How about only open trades when it crosses or open a pending order when it gets close, just to spread the load to the server. I did say that I wasn't to happy with the solution and it still doesn't feel right. Also I don't like the breakout strategy as it doesn't take into account any or lack of momentum. It may just touch and return rather than break through. We should look at a lower timeframe to see what is happening possibly the hourly. I like the idea of this as it gives some evidence of buying or selling pressure. I will be back if you want me to continue.
  • #800
  • Mar 5, 2020 4:15am Mar 5, 2020 4:15am
spike...the code of SMC EA Basic is working for the most of pairs
so I don't understand why the code is not working for the others ????
Your EA is perfect to me.....currently it opened 4 trades according to the rules
so you have to check AUDUSD,AUDCAD,EURAUD,USDCHF...
about TP and SL , we'll see later
maybe if you can provide the mq4 , we'll be able to help you
regards
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