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Attachments: Multi Ema Cross system
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Multi Ema Cross system

  • #61
  • Dec 7, 2007 2:47pm Dec 7, 2007 2:47pm
say ohka,
what timeframe, sl, tp, ot trailling are you using on those stated results?
  • #62
  • Dec 7, 2007 3:06pm Dec 7, 2007 3:06pm
Quoting moneyonmind
say ohka,
what timeframe, sl, tp, ot trailling are you using on those stated results?
These results were created with the EA's default settings, the only thing I changed was to activate money management. Please note that I forgot to reduce the risk per trade from its default setting of 10%, meaning that the position sizes were far too large...

Today the EA was activated for USDJPY, AUDJPY, EURJPY and GBPUSD. What was impressive today was to see how the EA managed the open positions quite nicely during the NFP period.

For your enjoyment, I attached the demo account's final report for today. As I don't like to keep positions during the weekend, I closed the last two trades manually. Take these single day results with a big grain of salt, statistically it's insignificant. Come Monday morning, I'll restart the EA's (with a risk setting of 2%) and I'll report next week's result on Friday evening...

take care
Ohka
Attached File(s)
File Type: pdf DetailedStatement.pdf   55 KB | 884 downloads
  • #63
  • Dec 7, 2007 3:14pm Dec 7, 2007 3:14pm
Quoting domchik
do you mean that you tried to change the risk from 10 to somrthing else, but it didn't work?
No, I didn't touch it, as I didn't want to disturb the EA. Now that I have closed the two open positions before market close, I've adapted the settings to 2%.

Ohka
  • #64
  • Dec 7, 2007 3:14pm Dec 7, 2007 3:14pm
Quoting domchik
sure, it can be done easily
Thanks!

Ohka
  • #65
  • Dec 7, 2007 6:08pm Dec 7, 2007 6:08pm
Quoting domchik
your setup sounds very good. can you please attach here this Manage Take profit EA so i can learn how it works?
I hope that in a week or 2 the EA i am currently working on will be in a stable condition and i will get to the one you described here. I'll send you PM before I get started to clarify some details about the rules.
Thanks!
Here is the link to the Manage Take profit forum:
http://www.forexfactory.com/showthread.php?t=9553

I tried to upload it but there was an error... In the link you will see some description and the EA.

I'm using this EA in one chart and yours in other one with the same pair and time frame to manage the stop. It's working fine.

When the EA puts an order, the stop manager EA do this:
@ 12 pips -> stop @ Break even
@ 15 Pips -> take profit of 10%
@ 22 pips -> move stop to 15 pips
@ 25 Pips -> Take profit 10%...

Very nice results... if you want, please send me a msg pipsologia at gmail dot com

Thanks. I'll be very happy to help you with this set of rules.
Attached File(s)
File Type: mq4 ManageTPv2-4.mq4   6 KB | 787 downloads
File Type: doc MTP Advisor4FF.doc   126 KB | 2,123 downloads
  • #66
  • Dec 8, 2007 12:55am Dec 8, 2007 12:55am
Hi guys ,thanks to all for this system.
Macfx , with your modified ea i can trade only one pair per platform ?
Thanks
  • #67
  • Dec 8, 2007 4:19am Dec 8, 2007 4:19am
Quoting gioviforex
Hi guys ,thanks to all for this system.
Macfx , with your modified ea i can trade only one pair per platform ?
Thanks
Yes. You MUST use Magic Numbers to control your orders. Use one magic Number (EXPERT ID) to each pair you want. The only limit is your computer. Because there's a huge number of calculations, in fast markets it may froze or delay to send orders and you will loose opportunities.

As the system is based in trend directions, choose the better pair (better trend) and be happy.

Don't be greedy. Use it to avarage your pip count in a good number (as 15 - 20 pips a day/month). With good money management it's all you need to be free in a couple of years.
  • #68
  • Dec 9, 2007 3:24am Dec 9, 2007 3:24am
Quoting Ohka
Domchik,

just this hourly bar, the new EA closed a USDJPY position and re-opened it a few seconds later, so I reckon this old issue hasn't gone away entirely...
Ohka,
can you please post a screen shot of that situation when the order was reopened right after the previous one was closed (if you still have it)?
I am trying to understand why did it happen and I think if I see it happens on the chart it might help me...

thanks a lot
  • #69
  • Dec 9, 2007 3:39am Dec 9, 2007 3:39am
hi,
I am attaching V3 of the EA.
i haven't tested it at all because the trade have not started yet. If you discover any bug before I do, please let me know right away!

the following changes have been made:

1. ema21 and ema5 are set to PRICE_OPEN mode
2. I combined the Take Profit Manager EA inside of this one. (I hope that the creator of this GREAT EA doesn't mind) . I will check if it works properly on Tuesday.
In order to use it, set useProfitManager to true (it's false by default. in this case, it will use a regular trailing stop as before)

3. There is an option now to calculate the stop loss (when Take Profit Manager is off) according to ATR as ohka suggested. Thanks to Banzai for the piece of code.

To use it, set useATRStopLoss=true.

4. The EA will not trade on SUN, SAT and FRI.

Again, I still haven't tested it. Bugs may exist.
The reason I am posting it prior to testing it properly, is that I will not be near my computer on Monday.
If anyone finds any bug before i do it (on Tuesday), please let me know!

Your help is greatly appreciated!!!
Attached File(s)
File Type: mq4 MultiEma_3.mq4   17 KB | 1,047 downloads
  • #70
  • Dec 9, 2007 7:44am Dec 9, 2007 7:44am
Quoting domchik
Ohka,
can you please post a screen shot of that situation when the order was reopened right after the previous one was closed (if you still have it)?
I am trying to understand why did it happen and I think if I see it happens on the chart it might help me...

thanks a lot
Hi Domchik,

because I've restarted my client a number of times since this transpired, I can't give you a screenshot. However, in post #57 you'll find a PDF file with information about what happened when.
In the 'open trades' section you'll find a USDJPY position that was opened at 16:53 (all times from NorthFinance). In the closed transactions - the upper line - you'll find a USDJPY position that was closed in the same minute. This position ran into the trailing stop, at that time set at +25 pips. Since I ran your EA on the hourly chart, I didn't expect the second position being opened in the same minute.

bye
Ohka
  • #71
  • Dec 10, 2007 7:42am Dec 10, 2007 7:42am
So far the version 3 is working very well today. the statement is attached.

ohka, as you can see it hasn't reopened orders immediately after it closed it

the only problem that I see now is the exits.
I am using trailing stop, but for example the last trade on EUR/USD was stopped too early because of the trailing stop..

Take Profit Manager EA that is combined inside of my EA now, would have been useful if i had used multiple lots entries. but since I don't, as i can see it doesn't help me a lot.. so any idea regarding improving the exits will be highly appreciated
Attached Image (click to enlarge)
Click to Enlarge Name: statement.jpg Size: 65 KB
  • #72
  • Dec 10, 2007 7:52am Dec 10, 2007 7:52am
I really appreciate your effort on this ea and the way you are perfecting it.
Pls, I opened a an demo account of $200 capital but I disovered that the EA was not activated whereas working well on $50000 demo account. can the ea work only particular range of capital?
  • #73
  • Dec 10, 2007 7:58am Dec 10, 2007 7:58am
Quoting domchik
So far the version 3 is working very well today. the statement is attached.

ohka, as you can see it hasn't reopened orders immediately after it closed it

the only problem that I see now is the exits.
I am using trailing stop, but for example the last trade on EUR/USD was stopped too early because of the trailing stop..

Take Profit Manager EA that is combined inside of my EA now, would have been useful if i had used multiple lots entries. but since I don't, as i can see it doesn't help me a lot.. so any idea regarding improving the exits will be highly appreciated
Hi Denis,

over 1% in a couple of hours is good, too bad this is no indication of future behavior... Forward testing will tell us what we need to know.

Please find attached my today's statement - the EA's are still running but have no open position at the moment, so this is an ad hoc snapshot.
I've set both useProfitManager and useATRStopLoss to true. Also, use MM is set to true with a Risk of 2.0.

I'll have to mull over the exits, these are the most difficult parts of manual trading as well...

take care
Ohka
Attached File(s)
File Type: pdf DetailedStatement.pdf   55 KB | 736 downloads
  • #74
  • Dec 10, 2007 8:10am Dec 10, 2007 8:10am
Quoting harwedar
I really appreciate your effort on this ea and the way you are perfecting it.
Pls, I opened a an demo account of $200 capital but I disovered that the EA was not activated whereas working well on $50000 demo account. can the ea work only particular range of capital?
i would suggest you to trade micro lots with $200 account.
depending on your leverage, 0.1 lot orders might not be executed.
either increase the leverage or trade micro lots. (i would suggest the second option)
  • #75
  • Dec 10, 2007 8:15am Dec 10, 2007 8:15am
Quoting Ohka
Hi Denis,

over 1% in a couple of hours is good, too bad this is no indication of future behavior... Forward testing will tell us what we need to know.
well, you are absolutely right. i will be satisfied if it gives me only 15-20pips once in 2 days (with no losses )

i am considering to start running it on my live account with micro lots.
we'll see how it performs till the end of this week .
  • #76
  • Edited 11:55am Dec 10, 2007 11:43am | Edited 11:55am
Guys i started today using the new version
Here the statment
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
  • #77
  • Dec 10, 2007 11:59am Dec 10, 2007 11:59am
hope that is possible to read
Attached File(s)
File Type: doc Statement.doc   60 KB | 557 downloads
  • #78
  • Dec 10, 2007 4:34pm Dec 10, 2007 4:34pm
shouldnt the ea only take trade if for example LONG if 21 is over 80 not if 3 is over 21 and 80. because 21 could be under 80 yet 3 is barely above 21 and 80.http://i205.photobucket.com/albums/b...lnight/ggg.jpg
  • #79
  • Dec 11, 2007 1:37am Dec 11, 2007 1:37am
Quoting moneyonmind
shouldnt the ea only take trade if for example LONG if 21 is over 80 not if 3 is over 21 and 80. because 21 could be under 80 yet 3 is barely above 21 and 80.
I changed the rules in order to allow earlier entries. From manual backtesting i concluded that it gives much better results.

the new rule is to wait only till EMA3 is above ema80 (long) or below it (short)
  • #80
  • Dec 11, 2007 1:39am Dec 11, 2007 1:39am
Quoting gioviforex
Guys i started today using the new version
Here the statment
are you running it with ATR stop enabled or disabled ?
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