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trendchaser psar

  • #121
  • Edited 2:45pm Dec 17, 2007 2:27pm | Edited 2:45pm
Quoting wolfeman
My question should have been whats the difference and why would someone use one or the other? I guess I'm wondering if beta is for a mac or something, as beta sounds like a "techie" term.

I set up psar last night, and it took one late trade immediately that I closed manually, after that nothing on 7 pairs...Can you take a look when youv'e got a minute?

Where can I review the "rules for this system? I not real clear about when EA is supposed to trade, and I like to know. I feel I can use it more effectively when I know what it's supposed to do. That, and I like to compete with my EA's by trading manually right beside them ya know? Thanks
I've been running the psar EA for over a week now and it is up 20.9 %. Unlike some of the other supernova EA's, this one seems to do better if you just leave it alone and let psar manage the trades.

http://i5.photobucket.com/albums/y170/orion70/psar.jpg
  • #122
  • Dec 17, 2007 3:38pm Dec 17, 2007 3:38pm
the ea trades at the psar dot

theres not realy a system
i provided optimized m5 settings for most pairs

i put all the lines on the chart as likely targets
i close the trades manually

for gbp-jpy
the template is default for m15
since your using the m5
just correct the indicator on the chart to see
where its trading

the profile is for m5
theres templates for several pairs in the profile
there set correctly

optionaly use the envelope lines for reentry
or exit
but if you use for exit, use entry to as a filter
to prevent open n closing multiple trades

the current envelopes are good on m15-m30-h1

a good setting for h4 try 30 with dev 1

for m5 add a env of 100 with dev 0.3

so realy you can switch between settings for diferent conditions n trading styles

a multi system

a good tip
always disable ea before changing tf

when changing settings, set ea to only trade in the desired direction first

its easy to make a mistake in the settings

this started as just a psar ea
after seeing lots of trades go into good profit then come back to breakeven before trade closed
i added envelopes
but theres drawback to everything

i find it best to use psar only on m5
as in the profile
and close trades manually when in good place
or move stops behind them

i let the ea manage the losing trade
i just manage winning trades

by default this ea uses one psar only

very simple




Quoting wolfeman
My question should have been whats the difference and why would someone use one or the other? I guess I'm wondering if beta is for a mac or something, as beta sounds like a "techie" term.

I set up psar last night, and it took one late trade immediately that I closed manually, after that nothing on 7 pairs...Can you take a look when youv'e got a minute?

Where can I review the "rules for this system? I not real clear about when EA is supposed to trade, and I like to know. I feel I can use it more effectively when I know what it's supposed to do. That, and I like to compete with my EA's by trading manually right beside them ya know? Thanks
  • #123
  • Dec 17, 2007 3:39pm Dec 17, 2007 3:39pm
Quoting trendchaser
the psar settings being used is 0.00038-o.011
there didplayed on the chart

set the psar indicator on the chart to the same
Isn't that what my chart says? I'm confused....
  • #124
  • Dec 17, 2007 3:42pm Dec 17, 2007 3:42pm
the indicator isnt the same
the indy is set at 0.0023 0.3 (m15 settings)

Quoting wolfeman
Isn't that what my chart says? I'm confused....
  • #125
  • Edited 4:10pm Dec 17, 2007 3:59pm | Edited 4:10pm
Hey TC, thanks for your patience here. Attached is my chart as of right now. If I want to run the 5m psar, which settings do I want? In the last couple of posts, you've given me two different set-ups, I want the 5M set-up. I also have another question about the profiles, but I'll save that for next. Thanks

Update:
Ok dude, I got it. You meant the indi under properties! So I changed it the way you said. I had thought you mean the indi on the chart. I had forgotton that the visible indis do nothing for the EA. Thanks

http://www.forexfactory.com/images/misc/progress.gif

Attached Image (click to enlarge)
Click to Enlarge Name: 1217 psar.gif Size: 44 KB
  • #126
  • Edited 4:12pm Dec 17, 2007 4:09pm | Edited 4:12pm
deleted
  • #127
  • Dec 17, 2007 4:39pm Dec 17, 2007 4:39pm
For TC or anybody else who knows:

Regarding the profiles suppied with the EA- It appears to me that these profiles load automatically when I bring up a chart and add the template. Am I correct here? Using a preset profile is new to me (I'm used to bringing up a chart and adding the EA, changing the properties, etc...) I ask this because I tried to add one of the profiles that came with the EA and couldn't get to it. They are installed in the MT4 profile folder, by the way.

I have 7 charts up on my platform right now, all the psar numbers are different, but I didn't change them. They just came up that way, that's what makes me assume the profiles load automatically. Correct??

Thanks
  • #128
  • Dec 17, 2007 4:47pm Dec 17, 2007 4:47pm
i think you still dont have it lol
changing the settings in the ea has no effect because your using auto

if you correct the indicator settings on the chart, the psar on the chart will hit where that buy arrow is on the first chart you posted

youv had the ea set correctly from the beginning
and its still correct

your using the 5m settings but looking at m15 indy settings is all

Quoting wolfeman
Hey TC, thanks for your patience here. Attached is my chart as of right now. If I want to run the 5m psar, which settings do I want? In the last couple of posts, you've given me two different set-ups, I want the 5M set-up. I also have another question about the profiles, but I'll save that for next. Thanks

Update:
Ok dude, I got it. You meant the indi under properties! So I changed it the way you said. I had thought you mean the indi on the chart. I had forgotton that the visible indis do nothing for the EA. Thanks

http://www.forexfactory.com/images/misc/progress.gif

  • #129
  • Dec 17, 2007 4:51pm Dec 17, 2007 4:51pm
yes, a profile is a set of charts
if you change anything, there changed permanantly
the profile saves everything
so if you mess it up
close mt4, overwrite profile with original dl

after you load the profile
thats it, nothing to do now

exept the risk is set to 3%
this is high for running so many pairs
im using 1 for risk


Quoting wolfeman
For TC or anybody else who knows:

Regarding the profiles suppied with the EA- It appears to me that these profiles load automatically when I bring up a chart and add the template. Am I correct here? Using a preset profile is new to me (I'm used to bringing up a chart and adding the EA, changing the properties, etc...) I ask this because I tried to add one of the profiles that came with the EA and couldn't get to it. They are installed in the MT4 profile folder, by the way.

I have 7 charts up on my platform right now, all the psar numbers are different, but I didn't change them. They just came up that way, that's what makes me assume the profiles load automatically. Correct??

Thanks
  • #130
  • Dec 17, 2007 5:07pm Dec 17, 2007 5:07pm
Quoting trendchaser
yes, a profile is a set of charts
if you change anything, there changed permanantly
the profile saves everything
so if you mess it up
close mt4, overwrite profile with original dl

after you load the profile
thats it, nothing to do now

exept the risk is set to 3%
this is high for running so many pairs
im using 1 for risk
Good stuff man, thanks. So, if I change my ea properties, does this change the profile? Or, do I have to actually OPEN up a profile and manually change it? I ask this because (as you know) I have messed with my psar settings some...I can't even find the profiles via the MT4 profiles button, it just shows the default MT4 majors. But your profiles are in there, I put 'em in myself and double checked 'em.
  • #131
  • Dec 17, 2007 5:13pm Dec 17, 2007 5:13pm
the profile is changed then

you have always used a profile called default
profile saves the whole workspace just as mt4 does normally
basically i sent you my workspace
any changes youv made are permanant
to restore the settings you gotta re download the profile again

Quoting wolfeman
Good stuff man, thanks. So, if I change my ea properties, does this change the profile? Or, do I have to actually OPEN up a profile and manually change it? I ask this because (as you know) I have messed with my psar settings some...I can't even find the profiles via the MT4 profiles button, it just shows the default MT4 majors. But your profiles are in there, I put 'em in myself and double checked 'em.
  • #132
  • Dec 17, 2007 5:18pm Dec 17, 2007 5:18pm
Quoting trendchaser
the profile is changed then

you have always used a profile called default
profile saves the whole workspace just as mt4 does normally
basically i sent you my workspace
any changes youv made are permanant
to restore the settings you gotta re download the profile again

Will do. Thanks Trendchaser!!
  • #133
  • Dec 18, 2007 4:25am Dec 18, 2007 4:25am
Hey TC

What does the 'BreakEven' parameter do ?
  • #134
  • Dec 18, 2007 5:49am Dec 18, 2007 5:49am
it moves the sl to breakeven after specified pips


Quoting orion70
Hey TC

What does the 'BreakEven' parameter do ?
  • #135
  • Dec 18, 2007 3:12pm Dec 18, 2007 3:12pm
Hi Trendchaser!

I'm following a bit a progression of your EA. Nice concept and thanks for sharing it.
In the beginning I wanted to see how it works with basic settings opening a trade on psar cross and closing a trade on next cross.
I just compose it on IBFX mini demo acc. First the profiles of 8 charts 5min, and just run it with default. I noticed that it doesn't open trades on the psar cross. Then I tried without profiles just with charts and your template - same thing happened. Finally I did it with naked chart and mt4 indicator psar with same settings as EA. Still weird openings. And the trades are mostly losers. Also didn't have success with beta2.
I consider that the feature 'use optimized psar' overrides manual settings. And optimized psar is not working in accordance with indicator on the chart then. Am I wright?
If not, must be doing something wrong then, so kindly asking you to guide me just through that basic step.

Mark
  • #136
  • Dec 18, 2007 7:05pm Dec 18, 2007 7:05pm
hey mark
by default tick mode is off
it done better in the tester that way
so the trade opens after the bar closes
if that didnt fix the problem
verify that the psar you see on the chart matches
the settings being used by the ea in the comments

the psar indy doesnt like more than 4 digits past the decimal
so if ea says were using 0.00038
but the indicator says 0.0004
correct the indy, youl see it change on the chart

iv noticed that the indy resets its self often
i guess everytime i close mt4 n reopen


Quoting pozosurf
Hi Trendchaser!

I'm following a bit a progression of your EA. Nice concept and thanks for sharing it.
In the beginning I wanted to see how it works with basic settings opening a trade on psar cross and closing a trade on next cross.
I just compose it on IBFX mini demo acc. First the profiles of 8 charts 5min, and just run it with default. I noticed that it doesn't open trades on the psar cross. Then I tried without profiles just with charts and your template - same thing happened. Finally I did it with naked chart and mt4 indicator psar with same settings as EA. Still weird openings. And the trades are mostly losers. Also didn't have success with beta2.
I consider that the feature 'use optimized psar' overrides manual settings. And optimized psar is not working in accordance with indicator on the chart then. Am I wright?
If not, must be doing something wrong then, so kindly asking you to guide me just through that basic step.

Mark
  • #137
  • Edited 11:12pm Dec 18, 2007 11:06pm | Edited 11:12pm
Hey Trendchaser, so I reloaded the profiles as you suggested, changed only the psar to optimized and tick mode true. The ea works now, but seems to be doing exactly the wrong thing. Enters late after a move starts and exits are well after retracement is underway. Out of 25 trades 21 were losses. I must be doing something else wrong, any ideas?
Attached Image (click to enlarge)
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  • #138
  • Dec 19, 2007 2:44am Dec 19, 2007 2:44am
Quoting wolfeman
Hey Trendchaser, so I reloaded the profiles as you suggested, changed only the psar to optimized and tick mode true. The ea works now, but seems to be doing exactly the wrong thing. Enters late after a move starts and exits are well after retracement is underway. Out of 25 trades 21 were losses. I must be doing something else wrong, any ideas?
I've noticed the same thing. Maybe TC can help out here.
  • #139
  • Dec 19, 2007 2:53am Dec 19, 2007 2:53am
Quoting orion70
I've noticed the same thing. Maybe TC can help out here.
Hey Orion I've noticed you around here a lot lately, working with the EA's and the like. Have you had any luck with the EA's? For me- Glen's not yet, psar not yet, original supernova pretty good 'till just recently ( I figure it's the holidays, as the market is flat the last several days)
  • #140
  • Dec 19, 2007 3:05am Dec 19, 2007 3:05am
Quoting wolfeman
Hey Orion I've noticed you around here a lot lately, working with the EA's and the like. Have you had any luck with the EA's? For me- Glen's not yet, psar not yet, original supernova pretty good 'till just recently ( I figure it's the holidays, as the market is flat the last several days)
Actually, the psar EA was working really well for me until yesterday. In just under 2 weeks it took a $3k demo account up to $3724. In the last 24 hours, it has given every bit of that back.

My luck with the supernova ea's was just so-so. I am going to wait until rick and skyline have had a chance to go over the code a bit before resuming tests on those.

I have had the best luck with psar but even it seems to have gone snakey the last day or two. I was rather surprised to see it take longs at peaks and shorts at troughs!
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