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EA Factory

  • #501
  • Nov 6, 2006 6:55am Nov 6, 2006 6:55am
I have checked the trades made by EA one by one. There were 3 trades wasn't making any sense and costed 360 pips. So +360 pips on the final balance. There was another trade that EA wasn't quick enough to TP and BE because price spikes up and fall back in a minute. Human won't be able to close it on time too but may close it with a smaller loss, so +40 pips.

Overall balance will be -294+400=106 pips gain in Oct. from 43 trades. Without comparing the trade log with a manual backtesting trade log, I can't say this is accurate (even two testers can have different result, but at least it is a little profitable now).

This EA is a rush job and may still have bugs in it, but I haven't found the bug in the EA that caused the mistakes mentioned above (maybe it's because of the data source or the tester, we can always blame the tester, can't we? ). It should still be useful for forward and back testing of Micardo's method. After all, checking EA's trade log and finding out the trades taken by mistake is still much easier than do the testing completely by human (imho).
Target: Trading naked.
  • #502
  • Nov 8, 2006 12:42am Nov 8, 2006 12:42am
Hi Aha, as i am just a junior in Forex market, it is maybe seems stupid to ask what is actually EA stands for? And for the file you supply to download, how do we use it? Is there a thread introduce how to apply them? Please kindly advice, thank!

Quoting aha
I am opening this thread because of an article I read in PF about giving and receiving (authored by fijitrader if you still don't know about that article). I have been practicing the idea accordingly and I think it has been transforming my life ever since. Forex is just one aspect of it but let 's just focus on forex. Ever since I begin to make EAs and indicators and share them with the nice fellows on this forum, many experienced traders began to share their invaluable ideas and methods to me selfishlessly, or contributed their time on testing my EAs/indicators to make them better. In the process I have learnt a lot and at the same time I realized that greater results can be achived if we do it in a more organized way.

I guess I don't need to explain how a reliable EA can help ours trading life. The key word here is "reliable", or quality. Most of the EAs out there lack the quality because they are made by one or an extremely small group of volunteers, who usually do not have much time, much trading or programming experience and usually do not want to share their ideas with others (give) therefore can't get much help from others too. All these can be solved if we can begin to share and knows how to share.

Yes, open source EA development, that's what I am talking about. It's like building "linux" in EA world so we all benefit from it.

In fact in FF we are in a perfect situation here to make it happen. I will address what elements we need to build a reliable EA in the next post (I hate long posts, and this one is approaching my limit already).

BTW, my first language is not English. I will try to make my point clear but there is a "win/loss" ratio here I don't think I can overcome in this life.
  • #503
  • Nov 8, 2006 4:19am Nov 8, 2006 4:19am
I was wondering if Aha or another programmer actively involved in this “EA Factory” thread could take a look at the following. This is the final version of Make Grid (at least I think it is), and the script to close all profitable positions. I have been testing some variable strategies but need the Make Grid EA modified. Make Grid has a user input defined as (Update Interval). Basically scans to readjust grid orders on (Update Interval) setting EX: every 15 min. What I’d like to do is have the (Update Interval) sequence also execute the “Close all profitable positions” script every update. In other words if any position is above Profit target definition, it would close.

<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o> </o>

I would appreciate the help, and hopefully we can improve an EA that I believe can make money in all market conditions with the right settings. A skilled programmer could probably have the EA modified with in a very short time as all the script is already available.

<o> </o>

Any takers?
Attached File(s)
File Type: mq4 MakeGrid193.mq4   28 KB | 539 downloads
File Type: mq4 Close all profitable positions.mq4   1 KB | 548 downloads
  • #504
  • Nov 8, 2006 11:23am Nov 8, 2006 11:23am
I am pretty busy right now. Will see if GP2X or someone else get the time.


Quoting mr.marketz
I was wondering if Aha or another programmer actively involved in this “EA Factory” thread could take a look at the following. This is the final version of Make Grid (at least I think it is), and the script to close all profitable positions. I have been testing some variable strategies but need the Make Grid EA modified. Make Grid has a user input defined as (Update Interval). Basically scans to readjust grid orders on (Update Interval) setting EX: every 15 min. What I’d like to do is have the (Update Interval) sequence also execute the “Close all profitable positions” script every update. In other words if any position is above Profit target definition, it would close.

<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>

I would appreciate the help, and hopefully we can improve an EA that I believe can make money in all market conditions with the right settings. A skilled programmer could probably have the EA modified with in a very short time as all the script is already available.

<o></o>

Any takers?
Target: Trading naked.
  • #505
  • Nov 8, 2006 11:29am Nov 8, 2006 11:29am
Hey Song,

EA is for Expert Assistant. It basically trades a set of predefined rules mechanically, so you don't have to be available all the time for the market. If you want to learn more about it, go to the help document of MT4 platform would be a good start.

aha


Quoting songyugao
Hi Aha, as i am just a junior in Forex market, it is maybe seems stupid to ask what is actually EA stands for? And for the file you supply to download, how do we use it? Is there a thread introduce how to apply them? Please kindly advice, thank!
Target: Trading naked.
  • #506
  • Nov 8, 2006 1:32pm Nov 8, 2006 1:32pm
anyone have an itch for creating some pattern recognition scripts?
  • #507
  • Edited 5:38pm Nov 8, 2006 4:26pm | Edited 5:38pm
Quoting aha
Mouteki v0.2 released.
I installed the indicator, as I have many others before, but nothing happens when I drag it into the chart. Any ideas?

The same happens with the latest posted indicator. What am I missing?

Thank you.
Steve
  • #508
  • Nov 8, 2006 7:06pm Nov 8, 2006 7:06pm
Quoting aha
I am pretty busy right now. Will see if GP2X or someone else get the time.
Thanks for the reply Aha. I understand your time issue - it's hard to be on 10 threads at once http://www.forexfactory.com/forexfor...ons/icon10.gif. Clam or GP - would one of you guys be able to swing this? I think it would be worth the effort.

Thanks in advance.
MM
  • #509
  • Nov 8, 2006 9:15pm Nov 8, 2006 9:15pm
Hi PipSteve,

It's an EA. You may find how to turn on an EA in the MT4 help doc. BTW, v0.2 is not the latest version in the thread. you may find v0.4 a couple of pages later.

aha




Quoting PipSteve
I installed the indicator, as I have many others before, but nothing happens when I drag it into the chart. Any ideas?

The same happens with the latest posted indicator. What am I missing?

Thank you.
Target: Trading naked.
  • #510
  • Nov 8, 2006 9:18pm Nov 8, 2006 9:18pm
Quoting aha
Hi PipSteve,

It's an EA. You may find how to turn on an EA in the MT4 help doc. BTW, v0.2 is not the latest version in the thread. you may find v0.4 a couple of pages later.

aha
I am pretty sure I followed it as explained, and I have installed others before. But I guess I try again. Thank you Aha.
Steve
  • #511
  • Nov 8, 2006 9:20pm Nov 8, 2006 9:20pm
lol, you got me there Mr. Marketz. . Besides that, I also have a couple of EA/indicator tasks at hand, a business to take care, and a baby to feed, and trying to improve my trading skill a little bit.



Quoting mr.marketz
Thanks for the reply Aha. I understand your time issue - it's hard to be on 10 threads at once http://www.forexfactory.com/forexfor...ons/icon10.gif. Clam or GP - would one of you guys be able to swing this? I think it would be worth the effort.

Thanks in advance.
MM
Target: Trading naked.
  • #512
  • Nov 9, 2006 2:05am Nov 9, 2006 2:05am
Quoting clam61
anyone have an itch for creating some pattern recognition scripts?
clam, that would be great, but very difficult to implement.

there's an mit paper on how they implemented their algorithm.
the link is below:

http://web.mit.edu/alo/www/Papers/QF_Pub.pdf
(note this is specifically for pattern recognition for technical analysis)

this particular group has a number of research papers and books. the list of what they are reasearching with respect to technical analysis is on the following link.

http://web.mit.edu/alo/www/articles.html


Alternatively one can probably use some of demark's stuff (his definition of trendlines and valid sup\res points to develop an algorithm).

phoenix

p.s. i'm in vegas now! will be going onto the grand canyon!
  • #513
  • Nov 15, 2006 3:33pm Nov 15, 2006 3:33pm
Wow, this thread has dried up and I thought there would be the best EA ever come from it. This has been a good thread and I really hope aha and some of you smart guys will kick it back up. Or have you all just went underground because you have developed the best EA ever?
  • #514
  • Nov 15, 2006 3:55pm Nov 15, 2006 3:55pm
i guess demarks countdown stuff wasnt that good?
  • #515
  • Nov 15, 2006 5:10pm Nov 15, 2006 5:10pm
Hi Folks
I've just discovered this thread, and suggest a look at E.A.'s offered in Correlation and Grid Trading by [email protected] I understand that he has just produced one that owrks on a method to get +15% monthly.
  • #516
  • Nov 16, 2006 7:17am Nov 16, 2006 7:17am
I have been invovled in some private projects which I can't disclosure here. Don't know about others but if they are busy I will definitely understand.

Once for a while I will find someone uses my work in their daily trading and that makes me feel really good. .

About TD-combo/SEQ, I haven't tested it recently because my trading style is changing toward another direction. I believe it is useful otherwise TD won't be highly regarded in the trader's community, we just need to be organized to find out the magic of how to use it. That's why I started the other thread hoping there will be some responses, but I guess nobody was interested (or wasn't sure how to use it so just waiting for some tutorial? ).

Hope everyone is doing well in their trading.



Quoting traderlismiss
Wow, this thread has dried up and I thought there would be the best EA ever come from it. This has been a good thread and I really hope aha and some of you smart guys will kick it back up. Or have you all just went underground because you have developed the best EA ever?
Target: Trading naked.
  • #517
  • Nov 16, 2006 8:54am Nov 16, 2006 8:54am
Quoting aha
I have been invovled in some private projects which I can't disclosure here. Don't know about others but if they are busy I will definitely understand.

Once for a while I will find someone uses my work in their daily trading and that makes me feel really good. .

About TD-combo/SEQ, I haven't tested it recently because my trading style is changing toward another direction. I believe it is useful otherwise TD won't be highly regarded in the trader's community, we just need to be organized to find out the magic of how to use it. That's why I started the other thread hoping there will be some responses, but I guess nobody was interested (or wasn't sure how to use it so just waiting for some tutorial? ).

Hope everyone is doing well in their trading.
Hi Aha

What other thread have you started?

howard
Regards
  • #518
  • Nov 16, 2006 9:53am Nov 16, 2006 9:53am
Hi All ...

I found this web site which is FULL of Expert Advisors and i thought it could be useful for anyone ..

http://www.lightpatch.com/forex/_MT4_Experts/

Happy Pips
  • #519
  • Nov 16, 2006 10:35am Nov 16, 2006 10:35am
http://www.forexfactory.com/forexfor...9&page=1&pp=15



Quoting howard
Hi Aha

What other thread have you started?

howard
Target: Trading naked.
  • #520
  • Nov 17, 2006 3:19pm Nov 17, 2006 3:19pm
Just posting to keep updates to this thread. I'll be forward testing many of these.
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