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Simple Monday-Tuesday System (attached calculator)

  • #1,881
  • Apr 2, 2020 5:43am Apr 2, 2020 5:43am
Not looking to good at the moment.
  • #1,882
  • Apr 2, 2020 6:55am Apr 2, 2020 6:55am
Quoting herewego
{quote} Hi Paul. I have noticed that in Strategy Tester V1.061 only shows a single trade in back-testing. The settings used are default, and this happens with all majors. Are you experiencing a similar?
To be honest, all of my testing has been limited to scenarios within the last week or two, so there may be something awry when running it over historic data.

I'll look into it.
"Pips are vanity. Profit is sanity."
  • #1,883
  • Edited 11:30am Apr 2, 2020 8:18am | Edited 11:30am
Anyone who wants to do this system manually put this EA on just one chart.
Then just click buy or sell on every chart the EA will do everything for you.
Set your stops and your profit targets.

Attached File(s)
File Type: mq4 0 - SL_TP_BE_all_FX_order_types v2.mq4   5 KB | 314 downloads



Sorry about that give you the wrong EA,

Attached File(s)
File Type: mq4 autoslautotp.mq4   7 KB | 337 downloads

This is the one that you only load on one chart,
  • #1,884
  • Apr 2, 2020 9:39am Apr 2, 2020 9:39am
Quoting PaulDV
{quote} To be honest, all of my testing has been limited to scenarios within the last week or two, so there may be something awry when running it over historic data. I'll look into it.
Hi,
Sorry for my English.
I'm using the last version of your EA. But It couldn't open any position. I'm sending you an example for EUR/USD.
I couldn't understand the reason. In the picture you can see my EA settings and the error message at EA info panel.
Please help me to solve the problem.
Thanks,
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-04-02_17-25-53.jpg Size: 444 KB
  • #1,885
  • Apr 2, 2020 10:03am Apr 2, 2020 10:03am
Quoting PaulDV
{quote} Ugh...so sorry - this is what I get for coding at 3am! I had been testing the bodies setting and didn't switch back... Here's a fix for this. {file}

Hi PaulDV, Thanks for your efforts and sharing the EA's . Is it possible to set EA's to trade more than one during a week? because sometimes the trades hit the SL and again come back to profit.
  • #1,886
  • Apr 2, 2020 10:05am Apr 2, 2020 10:05am
Quoting 0xff
{quote} I'm not use EA, just only script (in attach) for send pending orders. {quote} In attached script this features realized. Early version didn't have settings to be change when execute. Now I add lots and TP(if 0 - no TP). In source code you can find some examples. If you late and not execute script at first hour of wednesday(by broker's time) you also can use script, but for range calculation will be use 48 1 hours bars to the left by current. {quote} Yes. In TE you can change period for statistics. See attach image. {image} {file}
Using the script, I tried to tweak the SL and lot size , but all efforts failed. After all attempts and clicking Ok, the script revert to the former settings. What is the solution, please
  • #1,887
  • Apr 2, 2020 10:22am Apr 2, 2020 10:22am
Quoting kasrafx
{quote} Hi PaulDV, Thanks for your efforts and sharing the EA's . Is it possible to set EA's to trade more than one during a week? because sometimes the trades hit the SL and again come back to profit.
You can allow more headroom in your SL using the settings
  • #1,888
  • Edited 11:42am Apr 2, 2020 10:54am | Edited 11:42am
Oil can also be a road to explore ...
Attached Image (click to enlarge)
Click to Enlarge Name: Capture UsOil 2 04 2020 bis.JPG Size: 112 KB
  • #1,889
  • Edited 11:31am Apr 2, 2020 11:19am | Edited 11:31am
Quoting cbmutlu77
{quote} Hi, Sorry for my English. I'm using the last version of your EA. But It couldn't open any position. I'm sending you an example for EUR/USD. I couldn't understand the reason. In the picture you can see my EA settings and the error message at EA info panel. Please help me to solve the problem. Thanks, {image}
Hi, and thank you for supplying screen shots - they were most helpful!

Yes, as the error message says, it didn't open the order because the lot size was too small.

 

  1. You are using money management (i.e. the EA will automatically calculate the lot size for the order based on your account balance) and have selected to risk 1% of your account balance per trade.
  2. The EA has calculated the lot size based on this and the size of the stop loss, and determined that the lot size is probably less than 0.01 lots.
  3. You have set a minimum lot size of 0.01 lots, so the EA will attempt to use this value.
  4. You have also set the option "Trade if less than minimum" to false, so this stops the EA from entering the trade, because the risk is too great.

You have a couple of ways around this:

  1. Change the "Trade is less than minimum" to true: how ever you could end up risking more than you intended.
  2. Used fixed lots, and set the lot size yourself.

Hope this helps.

"Pips are vanity. Profit is sanity."
  • #1,890
  • Apr 2, 2020 11:29am Apr 2, 2020 11:29am
Quoting kasrafx
{quote} Hi PaulDV, Thanks for your efforts and sharing the EA's . Is it possible to set EA's to trade more than one during a week? because sometimes the trades hit the SL and again come back to profit.
Currently, no, but the coding is there to support it, so it could be enabled.

The issue with doing this though is the rules that need to be put into place...

  1. Do you allow a second trade while the first is still open?
  2. Do you allow a second trade if the first lost?
  3. Do you allow a second trade if the first won?
  4. If you allow a second trade, do you want to limit it to the same direction or the opposite direction of the first, or no limits at all?
  5. How about a third, or fourth trade?...

Basically, it gets to being a bit of a minefield rather quickly, and is more likely to be easier to open new trades manually, on those few occasions that you want to use this feature.

If there's a demand for it, and I can get a good idea of how it should work (without being too complicated!) then I may build it in.

"Pips are vanity. Profit is sanity."
  • #1,891
  • Apr 2, 2020 12:01pm Apr 2, 2020 12:01pm
After I load the EA on 1 chart, subsequent charts I load the EA on show this the notice "Restored 1 trade groups.."
Is this an issue?
  • #1,892
  • Apr 2, 2020 12:02pm Apr 2, 2020 12:02pm
Quoting Chroniclez
After I load the EA on 1 chart, subsequent charts I load the EA on show this the notice "Restored 1 trade groups.." Is this an issue?
Who are you addressing this to? There are several EAs available in this thread...which EA?
"Pips are vanity. Profit is sanity."
  • #1,893
  • Apr 2, 2020 12:14pm Apr 2, 2020 12:14pm
Quoting PaulDV
{quote} Currently, no, but the coding is there to support it, so it could be enabled. The issue with doing this though is the rules that need to be put into place... Do you allow a second trade while the first is still open? Do you allow a second trade if the first lost? Do you allow a second trade if the first won? If you allow a second trade, do you want to limit it to the same direction or the opposite direction of the first, or no limits at all? How about a third, or fourth trade?... Basically, it gets to being a bit of a minefield rather quickly,...

I think it's better to open the second trade in any direction just when the first one has hit the SL.
  • #1,894
  • Apr 2, 2020 12:15pm Apr 2, 2020 12:15pm
Quoting PaulDV
{quote} Who are you addressing this to? There are several EAs available in this thread...which EA?
My bad. I was referring to WTF Trading EA...
  • #1,895
  • Apr 2, 2020 3:59pm Apr 2, 2020 3:59pm
Quoting Chroniclez
{quote} My bad. I was referring to WTF Trading EA...
Did not do that for me. On MT5 right?
MWTF Return This Week: na
  • #1,896
  • Apr 2, 2020 4:14pm Apr 2, 2020 4:14pm
Quoting dazamate
{quote} I already posted my MT4 & 5 Robot and Indicator here. Comes with trailing stop options, move to break even, various other parameters you can test, including the original stop loss and entry methods from this strategy.
Hi Dazamate, where can one see the orders that are pending when your EA is running for MT5- WTF trader. They do not show up in the trade terminal until they are executed and the trade is live.
MWTF Return This Week: na
  • #1,897
  • Apr 2, 2020 6:41pm Apr 2, 2020 6:41pm
Hi to all the EA gurus.

I dont really understand them as I am an old fart LOL. Question at the start we are told that positions not opened by the close of the weekend should be cancelled and the open trades let run. Is this what the eas you are using do ????
  • #1,898
  • Apr 3, 2020 2:58am Apr 3, 2020 2:58am
Quoting Stumpy1
Hi to all the EA gurus. I dont really understand them as I am an old fart LOL. Question at the start we are told that positions not opened by the close of the weekend should be cancelled and the open trades let run. Is this what the eas you are using do ????
Hi Stumpy,

My EA (MoTuBo_EA) uses market orders, so you won't have any pending orders to cancel. Whether or not you leave open orders over the weekend is up to you.
"Pips are vanity. Profit is sanity."
  • #1,899
  • Apr 3, 2020 3:30am Apr 3, 2020 3:30am
Thanks
  • #1,900
  • Apr 3, 2020 5:06am Apr 3, 2020 5:06am
Quoting PaulDV
{quote} Hi Stumpy, My EA (MoTuBo_EA) uses market orders, so you won't have any pending orders to cancel. Whether or not you leave open orders over the weekend is up to you.
Ahh now I am starting to understand so the EA trades at market when the conditions for the order fulfill. The disadvantage of this is that you cannot review the orders and you will have to have tested the EA to ensure you can trust it. What is the advantage of this?
MWTF Return This Week: na
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