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Flyer! EA - New Thread!

  • #381
  • Dec 6, 2006 8:20am Dec 6, 2006 8:20am
Quoting GirlFlyer
...
As time goes on, and I/we see ways to keep improving the EA, plus adapting to new market conditions, we can continue to have a profitable EA. I put this out here in the public because I feel that we all have a right to be able learn from other people. This forum has been a tremendous help for me, so therefore, I am returning the favor. I only ask that if you use the EA, help contribute to its earning potential by suggesting, offering, and implementing improvements....
Marci (GirlFlyer)
Well said, Marci.

Adapt....Improvise....Dominate.

When the many brilliant minds at FF unite behind an effort such as Flyer!, we can do more than survive... we can actually thrive in the "battle of the brokers" and win more often than lose in the market.
  • #382
  • Dec 6, 2006 8:48am Dec 6, 2006 8:48am
Quoting BenQ
Thanks, ET, I'll try that. I've changed FixedLots to 1. I'm wondering if LotValue really matters though since it's not using the MM routine.
Lot Value is the amount each of your lots is worth. Generally most standard accounts the value is 100,000 per lot. If you use a mini-account where your lots are worth 10,000.... then you have to set it to 1.

GF
  • #383
  • Dec 6, 2006 9:06am Dec 6, 2006 9:06am
Hi, Marci

I have your new EA up and running as well. I have only seen one positive trade that like the others was over 80 pips at one point and closed +18. Still I like the way it works. MoneyMaster said in a post a while back that EAs required restarting from time to time - is that correct? I have had several running over a period of time and didn't do that. BTW...thanks for all your input as well MM, very inspiring! I like your guts.

- Dan
  • #384
  • Dec 6, 2006 9:24am Dec 6, 2006 9:24am
Yes, but is that even necessay if it's set on fixed lots and not using the MM routine?

Quoting GirlFlyer
Lot Value is the amount each of your lots is worth. Generally most standard accounts the value is 100,000 per lot. If you use a mini-account where your lots are worth 10,000.... then you have to set it to 1.


GF
  • #385
  • Dec 6, 2006 9:38am Dec 6, 2006 9:38am
Marci,

Your v200 doc speaks to basically 4 MAs, 2 short term and 2 long term. I see those on the template as the 2 red MAs and 2 white MAs. But I also see a yellow and a magenta MA. Are those the MAs that exit a trade when price levels off? Thx
  • #386
  • Dec 6, 2006 9:39am Dec 6, 2006 9:39am
Quoting BenQ
Yes, but is that even necessay if it's set on fixed lots and not using the MM routine?
Yes, because that is how it determines how much your lot is worth... crucial for calculating the equity
  • #387
  • Dec 6, 2006 9:50am Dec 6, 2006 9:50am
Quoting BenQ
Marci,

Your v200 doc speaks to basically 4 MAs, 2 short term and 2 long term. I see those on the template as the 2 red MAs and 2 white MAs. But I also see a yellow and a magenta MA. Are those the MAs that exit a trade when price levels off? Thx
Yes, they are the primary method of exiting, but there are other factors involved, too. Too fast of momentum in the opposite direction causing the profit to drop below a certain percentage (derived from ProfitArray) will also cause an exit, and a couple of other minor conditions.
  • #388
  • Dec 6, 2006 9:57am Dec 6, 2006 9:57am
I think you missed my question. Why is it even necessary to calculuate equity if its trading fixed lots and not using the money management routine?

Quoting GirlFlyer
Yes, because that is how it determines how much your lot is worth... crucial for calculating the equity
  • #389
  • Dec 6, 2006 9:59am Dec 6, 2006 9:59am
Quoting BenQ
I think you missed my question. Why is it even necessary to calculuate equity if its trading fixed lots and not using the money management routine?
Because it also has to know whether or not you have enough money to open a position... regardless of the MM routine or not.
  • #390
  • Dec 6, 2006 11:54am Dec 6, 2006 11:54am
week to date.....
  • #391
  • Dec 6, 2006 12:04pm Dec 6, 2006 12:04pm
try again
  • #392
  • Dec 6, 2006 12:05pm Dec 6, 2006 12:05pm
I dont know why but I cant upload any files so I will post statement todate as soon as I can.
  • #393
  • Edited Dec 7, 2006 12:08am Dec 6, 2006 11:32pm | Edited Dec 7, 2006 12:08am
Okay.

Flyer! just brought five (5) lots of cable at 1.9687 at 05:02 gmt. I will let Flyer! run its course, without human intervention.....mostly because I'm sleepy! -$550.00 at the moment. Nonetheless, I will sleep well.

This is reality TV at it's finest. Let's see what happens overnight as I'm expecting a cable uptrend. Tune in tomorrow for the next episode.

Edit: -$950.00 AT 05:49 GMT.

Another edit: -$200.00 AT 06:08 GMT.
  • #394
  • Dec 6, 2006 11:53pm Dec 6, 2006 11:53pm
Marci,

I thought I had resolved the problem, but I guess I haven't. I have Flyer 105A installed on 2 computers "A" & "B" using the same platform, Interbank FX with different demo accounts. On computer A the inputs are LimitHours = 1, StartHours = 17, EndHours = 7. On computer B the inputs are LimitHours =1, StartHours = 7, EndHours = 17. Flyer 105A was reinstalled on both computers at about 16:30 GMT on 12/6/2006. From 16:30 GMT until 23:59 GMT on 12/6/2006 they both worked perfectly. The EA on computer A did not open any positions during that time. The EA on computer B opened 3 positions during that time between 18:33-18:49 on 12/6/2006 as they should have been. However both of them opened the identical 4 trades between 00:48-01:34 on 12/7/2006 and just now they both opened a eur/usd trade at 05:22 GMT. The EA on computer A should not have opened the positions. It seems that the date change is causing a problem. Please see attached pdf files.

Can you help me?

Thanks,

dbcmkx
Attached File(s)
File Type: pdf Statement 1314212.pdf   42 KB | 504 downloads
File Type: pdf Statement 1314786.pdf   36 KB | 474 downloads
  • #395
  • Dec 6, 2006 11:56pm Dec 6, 2006 11:56pm
Marci,

I have attached the Flyer 105A code that I use.

Thanks,

Idos
Attached File(s)
File Type: mq4 FlyerV105A.mq4   20 KB | 452 downloads
  • #396
  • Dec 7, 2006 3:23am Dec 7, 2006 3:23am
Marci,

Fisrt of all, my english is not my mother language. Please try to understand my english.
I have followed your EA Flyer for awhile, and the new version is great. After I forward-test, I found like others that it will exit slow, and lose some profit. I think that can you add some indicator or oscillators for filter to Long or Short or Exit condition, instead of using only MA.

Can you consider it?

Thanks,
Thanatthat
  • #397
  • Dec 7, 2006 4:09am Dec 7, 2006 4:09am
Quoting thanatthat
Marci,

Fisrt of all, my english is not my mother language. Please try to understand my english.
I have followed your EA Flyer for awhile, and the new version is great. After I forward-test, I found like others that it will exit slow, and lose some profit. I think that can you add some indicator or oscillators for filter to Long or Short or Exit condition, instead of using only MA.

Can you consider it?

Thanks,
Thanatthat
---------------

I will always continue to improve upon the exit strategy of Flyer, however it goes against the theme of the EA to use different methods. I think the problem that most people are failing to recognize here is the fact that the EA is designed to take the maximum amount of advantage from a trend. If you're happy with 25-75 pips worth of gain, sure I could design it to make sure that it always takes that. But, you will lose money in the long run with the EA. The attempt of the EA is if the trend takes you for a 200 pip ride, it wants most of that. But if along the way, it retraces for 25 or 30 pips... most humans jump out running with the profit only to miss the larger run. Flyer will hang on to it as long as possible looking for the next jump up until the overall trend is over even to the extent of hanging on to the position for several days if necessary. I hope you understand it is a difficult challenge to find that balance to achieve this goal.

If your goal is to have an EA trade daily without exception for an average 50 pip gain, Flyer should not be your choice. There will be days it makes only 25-30 pips a trade or less, and then there will be days it will make +100 pips, and of course it will get stopped out from time to time. Last, it will often not even trade at all over the course of day.


However, here is a suggestion. If you want the EA to take a larger portion of a short term run up, change the setting in the "ProfitArray". This is a percentage value that the EA will let the profit decrease to before exiting once the MA's represented by MAArray and MA3Array cross. Setting it to 80-85% will most likely increase its chances of taking a greater profit in the short term, but will cause it to jump out of trades early missing the bigger picture.

Hope all this helps to understand everything.

GirlFlyer
  • #398
  • Dec 7, 2006 5:02am Dec 7, 2006 5:02am
Quoting dbcmkx
Marci,

I thought I had resolved the problem, but I guess I haven't. I have Flyer 105A installed on 2 computers "A" & "B" using the same platform, Interbank FX with different demo accounts. On computer A the inputs are LimitHours = 1, StartHours = 17, EndHours = 7. On computer B the inputs are LimitHours =1, StartHours = 7, EndHours = 17. Flyer 105A was reinstalled on both computers at about 16:30 GMT on 12/6/2006. From 16:30 GMT until 23:59 GMT on 12/6/2006 they both worked perfectly. The EA on computer A did not open any positions during that time. The EA on computer B opened 3 positions during that time between 18:33-18:49 on 12/6/2006 as they should have been. However both of them opened the identical 4 trades between 00:48-01:34 on 12/7/2006 and just now they both opened a eur/usd trade at 05:22 GMT. The EA on computer A should not have opened the positions. It seems that the date change is causing a problem. Please see attached pdf files.

Can you help me?

Thanks,

dbcmkx
I think I have figured out the problem... I will try to post you a correction later today...

Marci
  • #399
  • Dec 7, 2006 5:49am Dec 7, 2006 5:49am
Quoting dbcmkx
Marci,

I have attached the Flyer 105A code that I use.

Thanks,

Idos
DBCMKX,

Paste the following code in place of the previous code into your version. It should fix the problem. The problem was with the way I was handling the minutes in the routine.

Marci

if(LimitHours>0)
{
TimeNowH = Hour();
TimeNowM = Minute();
if((TimeNowH == StartHours && TimeNowM >= StartMins) || TimeNowH > StartHours) //Are we past the starting point of the day?
{
if(EndHours>=StartHours) //Is the ending time the same day?
{
if((TimeNowH == EndHours && TimeNowM <= EndMins) || TimeNowH < EndHours) //If so, are we still within that timeframe?
{
return; //Yes, return back and don't trade.
}
}
else //If the ending time is in the next day, we are automatically in the restricted time frame. Don't trade.
return;
}
else //New day ...
{
if(EndHours<= StartHours && ((TimeNowH == EndHours && TimeNowM <= EndMins) || TimeNowH < EndHours))
return;
}
}
  • #400
  • Dec 7, 2006 5:57am Dec 7, 2006 5:57am
Thanks go to DBCMKX for discovering a bug in the Limit Hours function of the EA. I will post a corrected version of the EA later today or you can cut and paste the code from my previous message to him over the current code in the "CheckToOpen" procedure....

GirlFlyer
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