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Magic 100

  • #601
  • Jun 8, 2020 3:25am Jun 8, 2020 3:25am
Quoting xmess7
Hi folks: Today with the permission of Mr Minotawr I present to you a trading tool. This EA has been coded to the rules as established on page 1 and also on post https://www.forexfactory.com/showthr...3#post12847323 In addition the EA contains various MM inputs that you can use to control risk and set proper take profit targets. You can download a copy of the EA at my github page: https://github.com/xmess7/Magi100 Please take note of the following: 1. I am failry occupied with other projects and especially trading,...
All of these pending orders are wrong. They are all set as buy but all of these trades are under 100EMA so we should be getting sell stops. Also the price for entries are so far away, over 5000pips so it's totally off . I had debug set to ON so I can send you the file just tell me which file it is and in which folder. I have turned the EA off now.
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-06-08 10_24_47-Window.png Size: 14 KB
Anything above the line is an uptrend, below the line is a downtrend.
  • #602
  • Jun 8, 2020 4:16am Jun 8, 2020 4:16am
Quoting Degolep
{quote} All of these pending orders are wrong. They are all set as buy but all of these trades are under 100EMA so we should be getting sell stops. Also the price for entries are so far away, over 5000pips so it's totally off . I had debug set to ON so I can send you the file just tell me which file it is and in which folder. I have turned the EA off now. {image}
It's relatively easy to change that. Just make and if statement regarding the bid/ask price in relation to the 100ema (could use iMA)
Do or do not, there is no try - Master Yoda
  • #603
  • Jun 8, 2020 11:05am Jun 8, 2020 11:05am
So my first trade here... :-)
Ran into SL just to turn around right after.
You gotta love it !

Maybe the support zone on the daily should have kept me out-
I notized it before placing my pending order...
but then again- it's only demo so I thought to just give it a shot...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPNZDH1.png Size: 89 KB
Click to Enlarge Name: GBPNZDDaily.png Size: 126 KB
  • #604
  • Edited 11:27am Jun 8, 2020 11:12am | Edited 11:27am
Very good and stable system. I have found one little issue and may be it will help. If the shadows are big (>30% of the candle) - do not trade that. Best if the shadows are small. Example: SP500 is ok, DE30 is ok, gold and btc are not. Especially btc.
Observer effect
  • #605
  • Jun 8, 2020 11:40am Jun 8, 2020 11:40am
Thanks for the effort to make an EA @xmess7.. Any update about the bug Degolep reported.. Thanks so much
  • #606
  • Jun 8, 2020 11:56am Jun 8, 2020 11:56am
Quoting Degolep
{quote} All of these pending orders are wrong. They are all set as buy but all of these trades are under 100EMA so we should be getting sell stops. Also the price for entries are so far away, over 5000pips so it's totally off . I had debug set to ON so I can send you the file just tell me which file it is and in which folder. I have turned the EA off now. {image}
Thank you. AS usual the first BUGS appear Like I said I did not TEST it..

I will see what happened. as soon as possible and fix it..

FOLKS DO NOT USE THE EA UNTIL I PROVIDE VERSION 2

Thnx
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #607
  • Jun 8, 2020 12:10pm Jun 8, 2020 12:10pm
Quoting Degolep
{quote} All of these pending orders are wrong. They are all set as buy but all of these trades are under 100EMA so we should be getting sell stops. Also the price for entries are so far away, over 5000pips so it's totally off . I had debug set to ON so I can send you the file just tell me which file it is and in which folder. I have turned the EA off now. {image}
I forgot to ask
please show me the inputs u setup. If you want just send a preset file... or an image is fine.

As for the EXPERT LOG. The file is located itn

MQL4/Logs
Get the latest log which should be 2020.06.08.log

OR if it is easier... show the EXPERT LOG TAB.

Please do send that, cause it will tell me exactly what happened RIGHT BEFORE the trades were made... plus I can see the dates and go to the charts to see if what you saw was so and compare that to what the EA actually read for EMA100 etc etc etc

thnx you for checking on this

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #608
  • Jun 8, 2020 12:23pm Jun 8, 2020 12:23pm
Quoting xmess7
{quote} I forgot to ask please show me the inputs u setup. If you want just send a preset file... or an image is fine. As for the EXPERT LOG. The file is located itn MQL4/Logs Get the latest log which should be 2020.06.08.log OR if it is easier... show the EXPERT LOG TAB. Please do send that, cause it will tell me exactly what happened RIGHT BEFORE the trades were made... plus I can see the dates and go to the charts to see if what you saw was so and compare that to what the EA actually read for EMA100 etc etc etc thnx you for checking on this Jess...
I have send you the files on PM.
Anything above the line is an uptrend, below the line is a downtrend.
  • #609
  • Jun 8, 2020 12:36pm Jun 8, 2020 12:36pm
Quoting mtacki
So my first trade here... :-) Ran into SL just to turn around right after. You gotta love it ! Maybe the support zone on the daily should have kept me out- I notized it before placing my pending order... but then again- it's only demo so I thought to just give it a shot... {image} {image}
Hey mate,

You came a little late on that one. Look at the movement, it was almost exhausted already. You jumped at the bottom of the down move, there were 6 consecutive red bars before. If i see something like that, i am very carefull. It`s better to wait for a deeper retracement in such situation.

I traded this pair also today but in the beginning of the Frankfurt session.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDH1.png Size: 49 KB
  • #610
  • Jun 8, 2020 12:44pm Jun 8, 2020 12:44pm
Quoting Minotawr
{quote} Hey mate, You came a little late on that one. Look at the movement, it was almost exhausted already. You jumped at the bottom of the down move, there were 6 consecutive red bars before. If i see something like that, i am very carefull. It`s better to wait for a deeper retracement in such situation. I traded this pair also today but in the beginning of the Frankfurt session. {image}


please OP, make the work easier for us the beginner who cant easily identify strong trend to help us drop pairs with a strong trend above or below ema 100. thanks for this strategy.
  • #611
  • Jun 8, 2020 12:48pm Jun 8, 2020 12:48pm
Quoting Loftboy
{quote} Couldn't be much more simple. Now watch everyone ask if there is an EA for it, or start adding indicators. Please make your 100 EMA a different colour.
...and there it is, just like predicted. People just do not learn.

Folks already adding indicators and there is now an EA. This thread will now turn into a completely different method and an EA debugging and fixing themed thread. Yet another system with potential ruined already. Don't agree with me...just wait, if OP allows this to happen, it is a given. Read some of the last posts. Imagine at page 100 or 1000 with a ton of posts about the EA or other indicators. Useless info in between good posts. In the meantime I am out. Wish you all well.
Invest in Life
  • #612
  • Jun 8, 2020 12:51pm Jun 8, 2020 12:51pm
Hey people, here is a variation of an entry, that i take sometimes. I haven`t showed you this before, because itīs little advanced and i don`t wanted to confused you with the stuff.

So, look on the chart: the red bar is way too big to take an entry, especially for the SL setting. I wait for the next bar, and it happens very often that the next bar is a smaller inside bar, in this case i am very confident that the pair will continue the uptrend. So i set my pending buy order over the green inside bar. I know itīs confusing for you, and if you a beginner i would stick to the basic rules. But after a few years of trading you will become a feeling for the behaviour of the pair.

Sorry for my horrible english, itīs difficult for me to explain
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 29 KB
  • #613
  • Jun 8, 2020 12:53pm Jun 8, 2020 12:53pm
Quoting Minotawr
Hey people, here is a variation of an entry, that i take sometimes. I haven`t showed you this before, because itīs little advanced and i don`t wanted to confused you with the stuff. So, look on the chart: the red bar is way too big to take an entry, especially for the SL setting. I wait for the next bar, and it happens very often that the next bar is a smaller inside bar, in this case i am very confident that the pair will continue the uptrend. So i set my pending buy order over the green inside bar. I know itīs confusing for you, and if you a beginner...
Can you show us on a picture for buy and sell example?

Ah you already did
Anything above the line is an uptrend, below the line is a downtrend.
  • #614
  • Jun 8, 2020 1:11pm Jun 8, 2020 1:11pm
Quoting youngjosh
{quote} please OP, make the work easier for us the beginner who cant easily identify strong trend to help us drop pairs with a strong trend above or below ema 100. thanks for this strategy.
Hey Josh, sorry. But it won't help you. You have to learn it by your self. Just train your eyes. Look on the chart, do you see a trend? Watch as many charts as possible, after a while the magic will happen and you will get it
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH1.png Size: 36 KB
  • #615
  • Jun 8, 2020 3:50pm Jun 8, 2020 3:50pm
Some more nice trades. Thanks Minotawr again for this system.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2020-06-08_22-46-33.jpg Size: 161 KB
Click to Enlarge Name: 2020-06-08_22-45-38.jpg Size: 164 KB
  • #616
  • Jun 8, 2020 4:27pm Jun 8, 2020 4:27pm
Quoting Mundo
{quote} ...and there it is, just like predicted. People just do not learn. Folks already adding indicators and there is now an EA. This thread will now turn into a completely different method and an EA debugging and fixing themed thread. Yet another system with potential ruined already. Don't agree with me...just wait, if OP allows this to happen, it is a given. Read some of the last posts. Imagine at page 100 or 1000 with a ton of posts about the EA or other indicators. Useless info in between good posts. In the meantime I am out. Wish you all...
Hey Mundo, itīs a pitty to see you leaving. But i dont`t see the thread "ruined already". And if you see potential in it, why just leaving now? Instead, you could contribute and help to get the thread in the right way.

I don`t give up, neither should you!
  • #617
  • Jun 8, 2020 4:43pm Jun 8, 2020 4:43pm
Quoting Minotawr
{quote} Hey Mundo, itīs a pitty to see you leaving. But i dont`t see the thread "ruined already". And if you see potential in it, why just leaving now? Instead, you could contribute and help to get the thread in the right way. I don`t give up, neither should you!
I have seen this happen way too many times. If you allow anyone to post additional indicators and EA now, everyone who feels they can do so...will do so. If you are showing us a method with specific rules then you should ask that those rules be respected and enforce them. Otherwise, you will lose control of thread and what could be a promising system would be lost between posts regarding how to trade with additional indicators and how to fix issues with the EA.

Whoever wants to EA the hell out of this system should open their own thread, nothing wrong with that. But as I see it, if you wanted one you would have either included it or asked for one. So there shouldn't be one here.

The reason I leave is that I refuse to invest my time battling those posting about that which is not what you intended in first post. My suggesting: you have a simple system...keep your thread simple. Because if you do not manage it...someone else will do so for you.
Invest in Life
  • #618
  • Jun 8, 2020 5:13pm Jun 8, 2020 5:13pm
Quoting Mundo
{quote} I have seen this happen way too many times. If you allow anyone to post additional indicators and EA now, everyone who feels they can do so...will do so. If you are showing us a method with specific rules then you should ask that those rules be respected and enforce them. Otherwise, you will lose control of thread and what could be a promising system would be lost between posts regarding how to trade with additional indicators and how to fix issues with the EA. Whoever wants to EA the hell out of this system should open their own thread,...

Please stop clogging up the thread with useless posts! Oh shit now I did it too! See what you started!
  • #619
  • Jun 8, 2020 10:06pm Jun 8, 2020 10:06pm
Hi Minotawr,

If one trade has not reach 3R TP, and the same setup come into same pair, will you add trade into it.
If yes, the 3R TP should follow the 1st one or follow the new setup ??

Thanks.
  • #620
  • Jun 9, 2020 1:00am Jun 9, 2020 1:00am
Quoting mtacki
So my first trade here... :-) Ran into SL just to turn around right after. You gotta love it ! Maybe the support zone on the daily should have kept me out- I notized it before placing my pending order... but then again- it's only demo so I thought to just give it a shot... {image} {image}
Hi Mtacki,
Personally I've found that GBP/NZD is quite tricky to trade with this system, it may not be the best pair to start with.
I've been stopped out a few times with this pair, I'm avoiding it for now as it's just too choppy and volatile. There's easier pairs to trade... Lol - think I even took the same trade as you!
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