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Supernova GBP/JPY Mini Trend Catcher

  • #2,581
  • Nov 5, 2007 10:10pm Nov 5, 2007 10:10pm
Thanks for clearing that up

Quoting Gnat
I have had not much time today to check on this, but I know that the managetp EA functions were melted into this. The trick is, that the TP and SL limits are not actively visible or "hard" in the order, they are hidden in the EA and will execute in the last instance, so your broker is unable to fish for your stops until they are finally set. Your TP is also invisible making it hard to categorize your order. This is no more than an educated guess, but I know that this is how the managetp works (using it in newstrading all the time) and that this should be inside the 1.4 & 1.5.

Greetings!
Gnat

ps: The managetp EA works in the fastest spikes on news and is extremely reliable!
Don't chase the market, Let the market come to you
  • #2,582
  • Nov 6, 2007 12:09am Nov 6, 2007 12:09am
hi all,


how do you guys to prevent bad trade using the supernova system? for me, I either get in the market too early according the 5 or 15min supernova signal and hit the SL. Or get in the market too late, when the market has moved 100pips away. Frequently the retrace hits my 1pip protection or hit my SL if I do not take the 1pip protection.

It is a little frustrating since the system works properly for most of you..
  • #2,583
  • Nov 6, 2007 2:55am Nov 6, 2007 2:55am
Quoting morse
Hi everyone,

I am using 1.4 V on 5min Gbp/Jyp and the Gbp/Usd but I have not atken one trade!! On the graphs there are red arrows showing where the trade should have been taken but my bot has not done so! I have a smiling face in the top right hand corner and everything is as it should be any ideas? thanks
I am now using V1.5 and still no trades!!I have the template on as well as the EA does anyone know why it is not taking the trades as indicated by the Template??? Thanks
  • #2,584
  • Nov 6, 2007 2:59am Nov 6, 2007 2:59am
Quoting RedA
hi all,


how do you guys to prevent bad trade using the supernova system? for me, I either get in the market too early according the 5 or 15min supernova signal and hit the SL. Or get in the market too late, when the market has moved 100pips away. Frequently the retrace hits my 1pip protection or hit my SL if I do not take the 1pip protection.

It is a little frustrating since the system works properly for most of you..

Hi RedA,

I'm not sure if I can answer your question totally but I'll just tell you what I am doing.

First of all I do not trade the 5 min chart. I trade almost exclusively on the 15 min. I only get in when all the indicators agree and I try to get in as soon as they all agree. If the market has already gone 100 pips by the time I catch the signal - I let it pass and wait for the next trade.

I enter with 2 lots and typically take profit with 1 lot at 20-30 pips and move my stop to break even. From there I trail my profits with the other lot and take profit at an S/R point in most cases.

For my stop losses, I don't have a set number for them. I usually place them at what seems like a prudent spot at the time such as: behind the T3, at an S/R line on my chart, behind a pivot point, or behind a swing high or low.

Hope this helps. Good trading to you.

NOFX
  • #2,585
  • Nov 6, 2007 3:06am Nov 6, 2007 3:06am
Quoting morse
I am now using V1.5 and still no trades!!I have the template on as well as the EA does anyone know why it is not taking the trades as indicated by the Template??? Thanks
Hallo Morse!

Please contact Skyline for this. I guess you have set up everything right - including "allow life trading", "allow DLL imports" & "allow import of external advisors". (All on the common slab of the EA)

It works here. Sorry that you do not seem to be very lucky with the latest versions, but there must be something preventing your EA/platform to work together.

Greetz!
Gnat
  • #2,586
  • Nov 6, 2007 3:08am Nov 6, 2007 3:08am
Quoting Nofx
Hi RedA,

I'm not sure if I can answer your question totally but I'll just tell you what I am doing.

First of all I do not trade the 5 min chart. I trade almost exclusively on the 15 min. I only get in when all the indicators agree and I try to get in as soon as they all agree. If the market has already gone 100 pips by the time I catch the signal - I let it pass and wait for the next trade.

I enter with 2 lots and typically take profit with 1 lot at 20-30 pips and move my stop to break even. From there I trail my profits with the other lot and take profit at an S/R point in most cases.

For my stop losses, I don't have a set number for them. I usually place them at what seems like a prudent spot at the time such as: behind the T3, at an S/R line on my chart, behind a pivot point, or behind a swing high or low.

Hope this helps. Good trading to you.

NOFX
Holla, Dogmaster!

May I state that your new avatar is totally creepy! Morphing pictures can really hurt - both species at the same time...

Thanks for helping out with the manual trading. How are you getting along?

Good morning!
GMAtt
  • #2,587
  • Nov 6, 2007 3:13am Nov 6, 2007 3:13am
Quoting Gnat
Hallo Morse!

Please contact Skyline for this. I guess you have set up everything right - including "allow life trading", "allow DLL imports" & "allow import of external advisors". (All on the common slab of the EA)

It works here. Sorry that you do not seem to be very lucky with the latest versions, but there must be something preventing your EA/platform to work together.

Greetz!
Gnat
Hi,


Yes all thoes are ticked! I wonder if there is conflicts with my other EA I am running although they are not on the same pairs...Thanks
  • #2,588
  • Nov 6, 2007 3:14am Nov 6, 2007 3:14am
Thanks for sharing. But I found if use 15min signal, when all the three indicators agree, there is not much pips left for the market to move. Especially recent weeks, the market is in the upward trend in the long time frame. If all 3 indi agree, the short trade quickly hits the SL.

or you just trade the signal which agrees with the trend of 4H?



Quoting Nofx
Hi RedA,

I'm not sure if I can answer your question totally but I'll just tell you what I am doing.

First of all I do not trade the 5 min chart. I trade almost exclusively on the 15 min. I only get in when all the indicators agree and I try to get in as soon as they all agree. If the market has already gone 100 pips by the time I catch the signal - I let it pass and wait for the next trade.

I enter with 2 lots and typically take profit with 1 lot at 20-30 pips and move my stop to break even. From there I trail my profits with the other lot and take profit at an S/R point in most cases.

For my stop losses, I don't have a set number for them. I usually place them at what seems like a prudent spot at the time such as: behind the T3, at an S/R line on my chart, behind a pivot point, or behind a swing high or low.

Hope this helps. Good trading to you.

NOFX
  • #2,589
  • Nov 6, 2007 3:17am Nov 6, 2007 3:17am
Quoting morse
Hi,


Yes all thoes are ticked! I wonder if there is conflicts with my other EA I am running although they are not on the same pairs...Thanks
That could be the reason, Morse!!
But you can solve that quite easily. Just open a second platform and just use the same account. Then one platform will execute the one EA and the other Glenn v1.5. The EAs are using the same "money", but they run on different programs (platforms).
So far this little trick has worked out fine for me, as I have been using up to 5 EAs and versions on one live testing real money account at the same time for months now!

Try it - it may be the solution!

Greetz again!
Gnat
  • #2,590
  • Nov 6, 2007 3:18am Nov 6, 2007 3:18am
Quoting Gnat
Holla, Dogmaster!

May I state that your new avatar is totally creepy! Morphing pictures can really hurt - both species at the same time...

Thanks for helping out with the manual trading. How are you getting along?

Good morning!
GMAtt

Hi Flyman!

I am doing well. Couldn't sleep so I thought I would do a little trading if the opportunity knocked. I think I am onto something with the avatar - (actually, that is really a picture of an ex-girlfriend.) - it has sort of taken on a life of its own. Funny thing is I don't even like dogs.

It looks like you guys have a great adventure ahead of you in EA land. I am following along at a safe distance. I swear I will try it one of these days but it seems like a daunting task to this computer challenged canine right now.

Good luck and good morning to you!

NOFX
  • #2,591
  • Nov 6, 2007 3:24am Nov 6, 2007 3:24am
Quoting morse
Hi,


Yes all thoes are ticked! I wonder if there is conflicts with my other EA I am running although they are not on the same pairs...Thanks
Hi Morse,
that's strange, for me is working fine using Fastbrokers demo platform.
Pls check your journal and expert tab to see if there's some error, then try to change broker and test it again.

Regards,
Skyline
  • #2,592
  • Nov 6, 2007 3:29am Nov 6, 2007 3:29am
Quoting RedA
Thanks for sharing. But I found if use 15min signal, when all the three indicators agree, there is not much pips left for the market to move. Especially recent weeks, the market is in the upward trend in the long time frame. If all 3 indi agree, the short trade quickly hits the SL.

or you just trade the signal which agrees with the trend of 4H?

Well I am not having a problem with there being enough pips left over in the move. I don't even look at the 4hr chart with this system to be honest. I do take the daily pivots into consideration as well as S/R lines but that is about it. I posted 3 examples of my trades just last week in one day. If you would like to look at them it might explain what I am doing. In this thread post #2462, 2467, 2483.

I am not doing anything mysterious that I know of.

Good luck!

NOFX
  • #2,593
  • Nov 6, 2007 3:29am Nov 6, 2007 3:29am
Quoting Nofx
Hi Flyman!

I am doing well. Couldn't sleep so I thought I would do a little trading if the opportunity knocked. I think I am onto something with the avatar - (actually, that is really a picture of an ex-girlfriend.) - it has sort of taken on a life of its own. Funny thing is I don't even like dogs.

It looks like you guys have a great adventure ahead of you in EA land. I am following along at a safe distance. I swear I will try it one of these days but it seems like a daunting task to this computer challenged canine right now.

Good luck and good morning to you!

NOFX
: Oh my god... Well this really comes as a surprise ... "I don't even like dogs." Unbelievable!!
But then again - what you did to the creature up there in your picture sort of explains it, so I have to believe you!

As soon as we are ready on our side, we will set you up with a solid EA plus settings!

Ciao
GnatFly
  • #2,594
  • Nov 6, 2007 3:42am Nov 6, 2007 3:42am
Quoting Gnat
As soon as we are ready on our side, we will set you up with a solid EA plus settings!

Ciao
GnatFly

Thanks! I appreciate it - I will hold you to that. That is probably the only way I would ever figure it out. LOL!
  • #2,595
  • Nov 6, 2007 3:48am Nov 6, 2007 3:48am
Quoting morse
I am now using V1.5 and still no trades!!I have the template on as well as the EA does anyone know why it is not taking the trades as indicated by the Template??? Thanks
Mine is not taking any trades either. I have only one chart open and one EA. Everything is checked and and no errors in the journal or experts tab.

EDIT: If Lag is set to 'true' for entry, does that mean it only meets entry criteria if it crosses 0.15 from below? If so, that is the problem.
  • #2,596
  • Nov 6, 2007 4:39am Nov 6, 2007 4:39am
Quoting RedA
Thanks for sharing. But I found if use 15min signal, when all the three indicators agree, there is not much pips left for the market to move. Especially recent weeks, the market is in the upward trend in the long time frame. If all 3 indi agree, the short trade quickly hits the SL.

or you just trade the signal which agrees with the trend of 4H?
I found a compromise that works fairly well. I use the 'periodcon' indicator and trade off a 10m chart.
Attached File(s)
File Type: ex4 periodcon.ex4   10 KB | 331 downloads
File Type: mq4 periodcon.mq4   16 KB | 405 downloads
  • #2,597
  • Nov 6, 2007 4:44am Nov 6, 2007 4:44am
Skyline...thanks for your efforts in creating this EA...it is very much appreciated.

I don't know how difficult this would be to code but I have a suggestion that may increase the odds of a winning trade.

It would be nice if we had a parameter that would only allow long trades if the current price was above the daily pivot and shorts only if the current price was below the daily pivot.

Just an idea.
  • #2,598
  • Nov 6, 2007 5:04am Nov 6, 2007 5:04am
can you explain more how to use?


Quoting orion70
I found a compromise that works fairly well. I use the 'periodcon' indicator and trade off a 10m chart.
  • #2,599
  • Nov 6, 2007 5:38am Nov 6, 2007 5:38am
Quoting matrixebiz
If email alert is to cumbersome to recode into the EA when all conditions are met maybe the attached Laguerre Email/Alert indicator can be quickly adapted to a QQE Email/Alert Indicator?

EDIT: Crap, I had a system placing good trades but I forgot that only one indicator needs to agree on an exit. Is there any way to have, like the entries, have an option so that when enabled all indicators selected have to agree on the exit also? Please
@skyline, can you provide any info on this for me?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,600
  • Nov 6, 2007 5:48am Nov 6, 2007 5:48am
Quoting matrixebiz
@skyline, can you provide any info on this for me?
Matrix,
to get an email alert when all conditions are met could be done in a better and simple way changing EA code. Maybe in next version I can add this nice feature but before to release a new version I'd like to be sure that EA is bug free

Skyline
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