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  • #101
  • May 18, 2020 4:47am May 18, 2020 4:47am
Quoting Scchplendid
{quote} Yes, I'll probably use H4 time-frame too due to day job and Dad duties. Bar 1 - start of the GC pattern, price touches or extends outside of whichever band you use. Draw a line at the high price of bar 1. Bars 2, 3, 4 and 5 are just price meandering. Bar 6 - notice that price crosses the line but does not close below it. Bar 7 - price touches or extends outside of whichever band you use. Bars 8 and 9 - price just meandering. Bar 10 - price closes below the line - time to get your selling pants on! {image}
noted
  • #102
  • Edited 8:59am May 18, 2020 8:16am | Edited 8:59am
Quoting candyman752
{quote} Correct easy to code. I did it and found it does not come often. That is from 2012 to now about 18 times for buys only. As you know I like to carry out optimization tests. Well messed about ,tinkered with the conditions and was I not surprised to there is a certain twist here is screen shot{image} It involves just two 4 Hr Candles. I will describe a buy situation. The previous second candle from the current. The price tried to go above Middle Donchian Line with 5 period. The previous candle from the current. Price then tries to break out...
Only 18 times? That does surprise me.
I might need to re-think and use the M5 chart instead and find a way to alert when the setups occur.
Incidentally, I'm tracking a setup on EURUSD M5 right now from Friday. A GC pattern is almost complete. as soon as price closes under my line at 1.08506, i will be selling it.

I have setup my charts with the Donchian settings that you mentioned and checking each time frame for occurrences. Thank you for sharing your feedback.
  • #103
  • Edited 11:34am May 18, 2020 10:39am | Edited 11:34am
Quoting Scchplendid
{quote} Only 18 times? That does surprise me. I might need to re-think and use the M5 chart instead and find a way to alert when the setups occur. Incidentally, I'm tracking a setup on EURUSD M5 right now from Friday. A GC pattern is almost complete. as soon as price closes under my line at 1.08506, i will be selling it. I have setup my charts with the Donchian settings that you mentioned and checking each time frame for occurrences. Thank you for sharing your feedback.
Well I decided to put the sell side to the bot and try code the conditions. Or lets say I was getting good graphs on the buy's. When I then tried reversing them for a sell it was not so good. I then recoded based on the sell setup for last week. The test results are good. Here is bot
Attached File(s)
File Type: mq4 Setup_Tester.mq4   634 KB | 552 downloads

It is doing both buy and sell.
Will post results once tester is done
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 33 KB
  • #104
  • May 18, 2020 12:25pm May 18, 2020 12:25pm
There was an error in trying to proportionate the earlier bot. I multiplied by 10 instead on 100.

Quickly spotted
Attached File(s)
File Type: mq4 Channel_30_v02.mq4   424 KB | 608 downloads
  • #105
  • May 18, 2020 2:14pm May 18, 2020 2:14pm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 35 KB
I was looking at the game controller pattern. I have circled one on red and the other in aqua.
I have insertd a yellow arrow where a sell pending can be put and green arrow where buy pending can be placed.
Now notice how on the red circle 5 pendings can filled. you would be intruble when the market reverses. But
look what happened today you would smiling all the way to the bank.
I have wished for long for a way to cut my losses quick but allow my profit to run.
I have coded a function that says once at least 3 pendings are filled . Breakeven those orders.
To top it up any new ppendins filled will result in those orders being break evened.

I have called it Stepify Stop Loss
  • #106
  • May 18, 2020 2:23pm May 18, 2020 2:23pm
Merlin confirm game controller pattern is the W and M pattern
  • #107
  • May 19, 2020 2:08am May 19, 2020 2:08am
Quoting candyman752
{image}I was looking at the game controller pattern. I have circled one on red and the other in aqua. I have insertd a yellow arrow where a sell pending can be put and green arrow where buy pending can be placed. Now notice how on the red circle 5 pendings can filled. you would be intruble when the market reverses. But look what happened today you would smiling all the way to the bank. I have wished for long for a way to cut my losses quick but allow my profit to run. I have coded a function that says once at least 3 pendings are filled . Breakeven...
Smiling indeed. Price never crossed and closed below my line thankfully.
That is a very smart feature that you have coded.

Ref Merlin's comments, this is great to know, thank you.
  • #108
  • May 19, 2020 5:49am May 19, 2020 5:49am
Quoting Scchplendid
{quote} Smiling indeed. Price never crossed and closed below my line thankfully. That is a very smart feature that you have coded. Ref Merlin's comments, this is great to know, thank you.
thanks
  • #109
  • May 19, 2020 10:08am May 19, 2020 10:08am
Hello candyma752
I do not know what I am doing wrong, but the indicators that I can on this page cannot be seen in the graph of the demo account to see how they work and are (Setup_Tester, and Channel_30_v02) I have passed through the EtaEditor and not I have errors the only thing I have are notices of ('WinUser32.mqh', and 'stdlib.mqh')
Greetings from luisfd.

Hola candyma752
No sé qué es lo que hago mal, pero los indicadores que as puedo en esta página no los puedo ver en la gráfica de la cuenta demo para poder ver cómo funcionan y son (Setup_Tester, y Channel_30_v02) lo he pasado por el EtaEditor y no tengo errores lo único que tengo son avisos de ('WinUser32.mqh', y 'stdlib.mqh')
Un saludo de luisfd.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Captura de pantalla (62).png Size: 69 KB
Click to Enlarge Name: Captura de pantalla (63).png Size: 69 KB
  • #110
  • May 20, 2020 2:48pm May 20, 2020 2:48pm
Quoting luisfd
Hello candyma752 I do not know what I am doing wrong, but the indicators that I can on this page cannot be seen in the graph of the demo account to see how they work and are (Setup_Tester, and Channel_30_v02) I have passed through the EtaEditor and not I have errors the only thing I have are notices of ('WinUser32.mqh', and 'stdlib.mqh') Greetings from luisfd. Hola candyma752 No sé qué es lo que hago mal, pero los indicadores que as puedo en esta página no los puedo ver en la gráfica de la cuenta demo para poder ver cómo funcionan y son (Setup_Tester,...
Obrigado Luis

In meta trader click file and then click opendata folder
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (1).png Size: 218 KB

I have highlighted in red circle where you click
  • #111
  • May 20, 2020 2:53pm May 20, 2020 2:53pm
The following window will pop up.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 70 KB

Click the file highlighted in red circle
  • #112
  • Edited 3:06pm May 20, 2020 2:55pm | Edited 3:06pm
The following will be on your screen click the red circle
Attached Image (click to enlarge)
Click to Enlarge Name: Capture2.PNG Size: 76 KB

Once you open that look to see if you can see the file Setup_ Tester or Channel_30_v02.
If you can not see them there.
You need to put them there.

if you can see them.

We try something else
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (3).png Size: 143 KB
Click the area marked in red circle.
When you click the red circle you will get the area in green circle appear on your screen.
click the place where the three arrows meet. then send me a screen shot.

Send me a picture of your computer screen when you click where the three arrows meet
  • #113
  • May 20, 2020 3:20pm May 20, 2020 3:20pm
@Candyman72

Been testing the channel_30 Ea
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 73 KB


Just a quick question in back testing when i want to set the risk to % based it seems like it doesn't work even if i change the account size the lot size stays on 0.01
Attached Image (click to enlarge)
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  • #114
  • May 20, 2020 3:25pm May 20, 2020 3:25pm

Quoting candyman752
{image}I was looking at the game controller pattern. I have circled one on red and the other in aqua. I have insertd a yellow arrow where a sell pending can be put and green arrow where buy pending can be placed. Now notice how on the red circle 5 pendings can filled. you would be intruble when the market reverses. But look what happened today you would smiling all the way to the bank. I have wished for long for a way to cut my losses quick but allow my profit to run. I have coded a function that says once at least 3 pendings are filled . Breakeven...


If you have ever used bots that send grids, you might have experienced the same frustration. Lets say price is expected to go north. Grid of five pending's is sent.

Price moves north knocks all five of your pending's but just reaches the as far as the highest pending. At this moment The equity profit is coming from four of the trades. say about 5 usd. Then only 3 trades qualify for break even from parameters set in the bot. The stop loss for the other two is like 80 pips away from order price.


Then price gets knocked down and goes south. Now three trades are closed because of break even and the two trades are in huge draw down . And yet just now you were smiling at a 5 usd profit.The way I have now dealt with this is; when the price goes north and account in in profit, to have

three trades close out at when profit goes below 3 usd and then to modify the stop loss of the other two trades from the 80 pips to 20 pips each. This way you come out with less loss but also potentially having kept trades open for a potential break out north. Most importantly Avoiding the huge draw down.


Over the past two days I have been working on this. I realised I needed to separate the trade comment for the initial trade from the grid trades. Initial trade arises from the high probability setup triggering. This has greatly sharpened the skill of milking.

  • #115
  • May 20, 2020 3:30pm May 20, 2020 3:30pm
Quoting morne72
@Candyman72 Been testing the channel_30 Ea {image} Just a quick question in back testing when i want to set the risk to % based it seems like it doesn't work even if i change the account size the lot size stays on 0.01 {image} {image}
Unfortunately.
This bot is made from a shell I get from steve hopwood. NOTE shell. It is empty you put in what you want. Now that particular question relates to a function that comes with the shell.
I have also found it not to work. If you can explain what it is trying to do than I can look in to it.
  • #116
  • May 21, 2020 7:34am May 21, 2020 7:34am
Quoting morne72
@Candyman72 Been testing the channel_30 Ea {image} Just a quick question in back testing when i want to set the risk to % based it seems like it doesn't work even if i change the account size the lot size stays on 0.01 {image} {image}
I have ha a look at the code. I do not know why it is not kicking in. Maybe try reducing your initial deposit. I see it is 100 000
  • #117
  • May 23, 2020 1:45pm May 23, 2020 1:45pm
Optimized for your convenience. Based on earlier posting.
Attached File(s)
File Type: mq4 GameController.mq4   837 KB | 582 downloads
  • #118
  • May 24, 2020 5:39am May 24, 2020 5:39am
Quoting candyman752
Optimized for your convenience. Based on earlier posting.{file}
hey bro how you doing? had to buy a new laptop im back! please inbox me your whatsapp
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #119
  • May 25, 2020 3:16am May 25, 2020 3:16am
This bot monitors equity. Put it on any pair chart
Attached File(s)
File Type: mq4 simpleAllPairBasketManager122.mq4   37 KB | 631 downloads
  • #120
  • May 25, 2020 6:22am May 25, 2020 6:22am
Quoting candyman752
{quote} Well I decided to put the sell side to the bot and try code the conditions. Or lets say I was getting good graphs on the buy's. When I then tried reversing them for a sell it was not so good. I then recoded based on the sell setup for last week. The test results are good. Here is bot{file} It is doing both buy and sell. Will post results once tester is done{image}
nice graph,, thanks CM so much,,
btw,,, im new to testing bots ,, i like bots & trying to code my own too
Could you please let me know the terms "Profit Factor" & "Expected Payoff" in the test result ,,, what dose it really mean?
thank you all & have a good day
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