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Multi Ema Cross system

  • #21
  • Dec 4, 2007 12:01pm Dec 4, 2007 12:01pm
Quoting domchik

is it possible that you closed and reopened your Metatrader while the EA was running?
what would happen if you're on a DSL account that forcibly gets disconnected by the ISP - in my case once every 24 hours. I end up with a new ip address after one or two minutes, all the while MT4 cannot access the account. How are network outages handled in the context of running an EA?
Perhaps this is one more argument to get a fixed ip address or finally rent a vps somewhere?

bye
Ohka
  • #22
  • Dec 4, 2007 3:49pm Dec 4, 2007 3:49pm
this system is very similar to the Schubert accuracy method.
  • #23
  • Dec 4, 2007 9:22pm Dec 4, 2007 9:22pm
im my openion this ea could be sucesfull in the 4 hr timefram if if would just not re open and modify...... perhaps a new version?? but seriously i have faith in this system because i have seen it work in manual trading but getting a ea to work will be tricky
  • #24
  • Dec 4, 2007 9:26pm Dec 4, 2007 9:26pm
also shubert fond these moving averages to be key #'s SMA=100 200 cross

EMA=62 50 25

EMA=3 5 13
if you look at when these cross usually big trends are afoot

Just tring 2 help u guys out i have no intention of programming the ea
  • #25
  • Dec 5, 2007 9:55am Dec 5, 2007 9:55am
400 pips in 2 days om 4 hr timeframe
50sl
45 trailing
100tp
  • #26
  • Dec 5, 2007 10:19am Dec 5, 2007 10:19am
Quoting moneyonmind
400 pips in 2 days om 4 hr timeframe
50sl
45 trailing
100tp
MoM,

are you referring to the Shubert system here, or did you apply these settings to the multi EMA system this thread is about?

take care
Ohka
  • #27
  • Dec 5, 2007 10:47am Dec 5, 2007 10:47am
this is standard settings on this ea with previous posted exit parameters on 4hr
  • #28
  • Dec 5, 2007 10:52am Dec 5, 2007 10:52am
also i was traiding 9 pairs
  • #29
  • Dec 5, 2007 2:35pm Dec 5, 2007 2:35pm
Hey!!

Great EA!! So far I have been testing it on a 1,000 demo for 1 day on 5 pairs

EUR USD
GBP USD
USD CHF
USD JPY
USD CAD

Great results so far, it is similar to the system I trade already so this is nice to have around

Few things I have noticed:

As soon as it is activated it trades no matter if it has a fresh cross on the EMAs here is a picture:
http://i205.photobucket.com/albums/b...t/example1.jpgNote that it entered many times even though the cross had already occurred.

It would be nice if we could program it to jump in on a lower time frame if we have already missed it on the 1 hr or 4 hr

This issue also brings up this problem:
when you close a trade manually it will reopen a position right away.


anyways.....there is great potential here just maybe a few bugs to work out.....I am up 10% on my account for the day.....can't complain


  • #30
  • Dec 5, 2007 2:43pm Dec 5, 2007 2:43pm
Quoting drumdude

Few things I have noticed:

As soon as it is activated it trades no matter if it has a fresh cross on the EMAs here is a picture:
http://i205.photobucket.com/albums/b...t/example1.jpgNote that it entered many times even though the cross had already occurred.

It would be nice if we could program it to jump in on a lower time frame if we have already missed it on the 1 hr or 4 hr

This issue also brings up this problem:
when you close a trade manually it will reopen a position right away.


anyways.....there is great potential here just maybe a few bugs to work out.....I am up 10% on my account for the day.....can't complain


that is what happens when price action runs into the trailing stop whilst the entry requirements are still true. Then it will re-open a position right away. For this reason, I proposed to let the EA only open a single position per candle. When this position runs into the trailing stop, don't re-open that position again, at least not within that same candle.

cheers
Ohka
  • #31
  • Dec 5, 2007 2:49pm Dec 5, 2007 2:49pm
yea i agree!! prehaps we can fix the problem with changing the max cross distance? i have no idea though pleas get back with us EA CREATOR!
  • #32
  • Dec 5, 2007 9:38pm Dec 5, 2007 9:38pm
Quoting Ohka
that is what happens when price action runs into the trailing stop whilst the entry requirements are still true. Then it will re-open a position right away. For this reason, I proposed to let the EA only open a single position per candle. When this position runs into the trailing stop, don't re-open that position again, at least not within that same candle.

cheers
Ohka

It needs to only be related to crosses of MAs only.....only take a fresh cross that way when the stop is hit it will will wait for the 3 and 5 to cross again


i think the BEST way to take profit with this would be this.....
Entry:
when the 3 and 5 cross
Exit:
when the 3 and 5 cross

Is that possible to make happen?
  • #33
  • Dec 6, 2007 1:15am Dec 6, 2007 1:15am
Quoting Ohka
that is what happens when price action runs into the trailing stop whilst the entry requirements are still true. Then it will re-open a position right away. For this reason, I proposed to let the EA only open a single position per candle. When this position runs into the trailing stop, don't re-open that position again, at least not within that same candle.

cheers
Ohka
I think it's a very good idea not to allow multiple trades on the same candle.
I will prepare a version that does just that. thanks for the suggestion
  • #34
  • Dec 6, 2007 1:20am Dec 6, 2007 1:20am
Quoting drumdude
i think the BEST way to take profit with this would be this.....
Entry:
when the 3 and 5 cross
Exit:
when the 3 and 5 cross

Is that possible to make happen?

it is possible of course. the problem is that i noticed that very often ema3 and ema5 crosses to early. meaning that the trend continues and you are being stop too early. i have another idea. let me know what you think about it :

after an order was closed, reopen only if ema13 and ema21 are crossed in the opposite direction. this will reduce the number of trades, but will also reduce the number of loosing trades.
  • #35
  • Dec 6, 2007 1:27am Dec 6, 2007 1:27am
Quoting Ohka
what would happen if you're on a DSL account that forcibly gets disconnected by the ISP - in my case once every 24 hours. I end up with a new ip address after one or two minutes, all the while MT4 cannot access the account. How are network outages handled in the context of running an EA?
Perhaps this is one more argument to get a fixed ip address or finally rent a vps somewhere?

bye
Ohka
well, i can tell you this :

if your metatrader is disconnected from the server and the EA needs to send an order, it will retry 60 times with the delay of 10 sec between the retries.

I put a lot of efforts in ths EA in order for it to be able to deal with various server errors like requotes, "context is busy", disconnections and so on.
  • #36
  • Dec 6, 2007 2:29am Dec 6, 2007 2:29am
Quoting domchik
I think it's a very good idea not to allow multiple trades on the same candle.
I will prepare a version that does just that. thanks for the suggestion
I do like that idea.....But when you FIRST put the bot on.....if it is at the bottom of a trend it will enter on the next candle b/c there is still space between the emas correct? In which case you will have losers.

I was not sure how to do global variations when i first put it on to make it wait for a new cross......any help there would rule!


anyways im still making money on it........up ANOTHER 10%

20% total on a 1,000 account
  • #37
  • Dec 6, 2007 2:43am Dec 6, 2007 2:43am
Quoting drumdude
I do like that idea.....But when you FIRST put the bot on.....if it is at the bottom of a trend it will enter on the next candle b/c there is still space between the emas correct? In which case you will have losers.

I was not sure how to do global variations when i first put it on to make it wait for a new cross......any help there would rule!


anyways im still making money on it........up ANOTHER 10%

20% total on a 1,000 account
what tf do you use Bro?
  • #38
  • Dec 6, 2007 3:16am Dec 6, 2007 3:16am
Quoting drumdude
I do like that idea.....But when you FIRST put the bot on.....if it is at the bottom of a trend it will enter on the next candle b/c there is still space between the emas correct? In which case you will have losers.

I was not sure how to do global variations when i first put it on to make it wait for a new cross......any help there would rule!
yes, you are right about that. the entry point is very important. like you said, if you enter at the end of a trend it will loose.

in order to avoid it, if you are ,say, at the end of downternd, in the global variables set allowShort to 0. it will not allow short trends until the trend will be changed to UP and then to DOWN again. this manual intervention is necessary when you start it at the first time. and also when you restart your metatrader!

BTW, on what TF are you running it? 1h or 4h ?
  • #39
  • Dec 6, 2007 3:19am Dec 6, 2007 3:19am
Hello again guys,

I would like to form an improved set of rules that will make this EA more profitable based on what you have suggested so far. Please let me know if you have any other ideas. i can prepare different versions of the EA in order to test them all.
thanks.
  • #40
  • Dec 6, 2007 3:20am Dec 6, 2007 3:20am
oh ok global variables is the box that says "allow long and short" i would just choose the opposite of the trend? In the box that pops up when you drag the EA on the chart



I am using the 1 hr time frame on these pairs:
EUR USD
GBP USD
USD CHF
USD JPY
USD CAD
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