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freescalperindicator & half trend indicator

  • #21
  • Jul 24, 2019 1:59pm Jul 24, 2019 1:59pm
Sorry Gnosis I can't actually rember off hand as I am currently working on a new project.
I will try to go though the code sometime in next 2 days and get back to you then.
In the mean time you can see for yourself how the EA operates by using the mt4 built in strategy tester
from MT4 toolbar Go to view and select Strategy Tester
Select the Expert that you want to test
choose the dates for the candle data you want test the EA against
select visual mode
then click start
You can pause and change the speed/restart on the left of the Skip to button
Good Luck.
  • #22
  • Jul 24, 2019 2:11pm Jul 24, 2019 2:11pm
The EA that I provided here for free was done so because I had recently completed a MQL4 programming course and wanted to test myself.
There is no hidden agenda and I am not asking for donations. All I ask for is constructive feedback.

Should anyone have a working system that they would like me to code then I will also work with you for free.
I can do this as I would be getting to use your strategy also.

I intend to make money from trading Forex and not from teaching strategies or selling software.

My name is actually Forex Squirrel but was truncated to ForexSquirre by this site.

my email is [email protected]

Live long and prosper
Squirrel xx
  • #23
  • Jul 26, 2019 2:18pm Jul 26, 2019 2:18pm
I checked through my code and saw that My EA allows the user to set Lot size Take profit target and Stop loss limit. as the indicator is primarly for scalping, I thought this would be adequate. Ifanybody has other requirements, let me know and I will see what I can do.

Regards
Squirrel.
  • #24
  • Jul 27, 2019 7:57am Jul 27, 2019 7:57am
Hi forexsquirrel, I will be backtesting this EA tomorrow and give my feedback. I would like to help you with this project.
  • #25
  • Aug 6, 2019 8:05am Aug 6, 2019 8:05am
Quoting ForexSquirre
I checked through my code and saw that My EA allows the user to set Lot size Take profit target and Stop loss limit. as the indicator is primarly for scalping, I thought this would be adequate. Ifanybody has other requirements, let me know and I will see what I can do. Regards Squirrel.
Hello @ForexSquirre,

Great job so far.

I have tested your EA and here's my feedback:

#1. The EA doesn't open trades where it is supposed to most times (especially with the HalfTrend setting. The FreeScalper setting works a little better).

#2. I cannot seem to get the EA to trade using the combined HalfTrend+FreeScalper setting (please show us a setting that works?)

#3. If the above can be fixed, then I would suggest that you add modifications (more like enhancements) to the make it more functional - We can discuss this here if you are interested.

Well done.

Regards,
Ty
My job: I speculate and manage risk.
  • #26
  • Aug 8, 2019 3:45am Aug 8, 2019 3:45am
Hi ForexSquirrel
I have been testing the EA both live (on a demo account) and with the strategy tester.
I am finding on the live account that I am getting the same problems as Ty in the previous post.
It is working on the strategy tester with mixed results profit wise but I am experimenting with the settings.

Regards
Gnosis
  • #27
  • Aug 9, 2019 7:59am Aug 9, 2019 7:59am
Thanks for the feedback. As per..
Great job so far.
I have tested your EA and here's my feedback:
#1. The EA doesn't open trades where it is supposed to most times (especially with the HalfTrend setting. The FreeScalper setting works a little better).
#2. I cannot seem to get the EA to trade using the combined HalfTrend+FreeScalper setting (please show us a setting that works?)
#3. If the above can be fixed, then I would suggest that you add modifications (more like enhancements) to the make it more functional - We can discuss this here if you are interested.
I myself have never actually tested this EA on a demo account, so presently I do not understand the issue from a programming point of viw.
Here is how my code works....
All indicators use meory buffers to draw onto the MT4 screen. My EA watches for the values that generate green and red bars as well as the green and red arrows. When my code does detect these values it should place the appropriate order.

As it is now Friday afternoon I will not be able to look into this further until after the Weekend.It maybe a code streamlining issue or need a total rewrite of each section. I will create a V2 over the weekend and test myself on a demo account next week before releasing it to all persons providing feedback to this project.
My coding skills have vastly improved since releasing V1 so the above issues may well be ironed out by a simple streamlined version of each section.

Live long and prosper - Nanu Nanu.
Forex Squirrel

(I now use Star Treck + Mork & Mindy references when signing off. lol]
  • #28
  • Aug 12, 2019 6:28pm Aug 12, 2019 6:28pm
I have discovered that I was spying the wrong buffers for the wrong trigger values on the Half Trend indicator - This has now been rectified. I will move onto checking the buffers on the FreeScalper Indicator tomorrow.
I should have the new Expert Advisor fully completed by Friday 17 August 2019

Live Long and Prosper - Nanu Nanu.
Forex Squirrel.
  • #29
  • Aug 20, 2019 9:35pm Aug 20, 2019 9:35pm
Hi Guys, Just a heads up.
Personally I do not believe that any EA based on the Half Trend or Free-scalper indicators will ever produce profit. For this reason I want to ditch this project.
If anyone else believes otherwise then I will continue under their instructions and advice.
So it is up to you guys.
Do you want an improved EA?
if yes tell me what changes/ improvements you would you like me to implement?

Live long and prosper – Nanu Nanu.
Forex Squirrel.
  • #30
  • Aug 22, 2019 10:26pm Aug 22, 2019 10:26pm
Hi Guys,
I am ready to drop this project as I have my own personal EA to program.
I am happy to continue with this project if someone here wants me too.
But I will tell you now that if I do not have a response requesting a continuation of this project by Friday 30th August, I will end this project and not review it’s contents any further.

Live long and prosper-Nana Nanu
Forex Squirrel
  • #31
  • Sep 1, 2019 1:11pm Sep 1, 2019 1:11pm
This Project
And
This thread
IS
Now Closed

Live long and prosper-Nanu Nanu.

Thak
You
All
  • #32
  • Oct 3, 2019 12:14pm Oct 3, 2019 12:14pm
Quoting ForexSquirre
The EA that I provided here for free was done so because I had recently completed a MQL4 programming course and wanted to test myself. There is no hidden agenda and I am not asking for donations. All I ask for is constructive feedback. Should anyone have a working system that they would like me to code then I will also work with you for free. I can do this as I would be getting to use your strategy also. I intend to make money from trading Forex and not from teaching strategies or selling software. My name is actually Forex Squirrel but was truncated...
hi forex squirrel thanks for your thread just saw it today i will test out the system soon, please i would like to know how and where i can do the mql4 programming course.
best regards
Live long and prosper Squirrel xx
  • #33
  • Oct 11, 2019 12:55pm Oct 11, 2019 12:55pm
Free Youtube MQL4 coding information:
https://www.youtube.com/user/Jimdandy1958/videos

Paid coursse:
https://learnmql4.teachable.com/

Step by Step for free on youtube
Inserted Video


Live long and prosper - Nanu Nanu
Forex Squirrel
  • #34
  • Oct 11, 2019 12:58pm Oct 11, 2019 12:58pm
Step by Step free in Youtube:
Inserted Video



Live long and prosper - Nanu Nanu
Forex Squirrel
  • #35
  • Oct 14, 2019 2:03am Oct 14, 2019 2:03am
Hi ForexSquirre
I'm interested in this EA, I found that these two indis work well together.
Is there another version available for my MT4 platform plse?
Love to give it a try.
Regards
  • #36
  • Mar 12, 2020 5:33am Mar 12, 2020 5:33am
Hi ForexSquirre, thank you so much for sharing the Indicators as well as your own EA. I apply those indicators and they work well, but i have some notes for the EA and i would like to ask you. Firstly,I intached the EA and it opens both sell and buy order at the same time and i do not know how to fix it. Secondly, i see that the indicator arrow is more reliable on HTF like M15 or H1 so is that possible to modify the EA so it could follow the arrow for open or close trades at specific timeframe. Furthermore, could this ea be attached auto trailing stop function when the order make some pips?
Here are some of my points about the EA, look forward to hear from you.
  • #37
  • Apr 22, 2020 2:40am Apr 22, 2020 2:40am
I came across this thread, are you still using the strategy? how was it?
  • #38
  • Nov 15, 2020 8:39pm Nov 15, 2020 8:39pm
I created an EA from the halftrend indicator using EA Builder.com and the results weren't too bad on back testing using renko bricks with wicks set to a 5 pip brick range. SL has to be strict though and risk needs to be taken off the table early in the trade. I have the default set to close %50 at 10 pips with the SL to trail by 20 pips. I'm now testing on live account, will share results in a few weeks. The EA is called BSA-SCALPER

P.S

If anybody here can add a daily profit target to the code that would be great. Eg. if the pair that the EA is trading nets a total profit = $50 the EA will stop running on that pair.
Any help would be much appreciated. Below is the EA and the indicator. The EA only works if the indicator is also installed, Being that the indicator repaint i set the EA with a one bar shift so it only opens once the signal is verified.
Attached File(s)
File Type: mq4 BSA-SCALPER-1.0.mq4   20 KB | 736 downloads
File Type: mq4 halftrend-1.02.mq4   6 KB | 777 downloads
  • #39
  • Nov 25, 2020 11:50pm Nov 25, 2020 11:50pm
Quoting Mean-Trader
I created an EA from the halftrend indicator using EA Builder.com and the results weren't too bad on back testing using renko bricks with wicks set to a 5 pip brick range. SL has to be strict though and risk needs to be taken off the table early in the trade. I have the default set to close %50 at 10 pips with the SL to trail by 20 pips. I'm now testing on live account, will share results in a few weeks. The EA is called BSA-SCALPER P.S If anybody here can add a daily profit target to the code that would be great. Eg. if the pair that the EA is...
Just noticed your post..... will give it a go. Please communicate your results.
Thank you
  • #40
  • Nov 28, 2020 6:29pm Nov 28, 2020 6:29pm
Quoting interbucks
{quote} Just noticed your post..... will give it a go. Please communicate your results. Thank you
So far I have noticed issues with slippage and spread settings when trading live, also the EA I shared has flaws on execution which seemed to give greater returns on back testing than the newer versions I've created without the flaws. So far it's looking like this indicator cannot be transformed into a stand alone EA, but it could be used as a valuable tool to find entries that fit with your technical analysis. For this reason I created a non repainting version of the indicator which will only send notifications once the next bar opens, it also includes push notifications where the original didn't. I recommend using this over the EA or the original half trend indicator, you can still place the half trend indicator on your chart for visuals, just select false for alerts and arrow display. I've attached the new indicator below.
Attached File(s)
File Type: mq4 HalfTrend-Standard-Alerts.mq4   6 KB | 858 downloads
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