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Multi Ema Cross system

  • #141
  • Jan 6, 2008 2:59am Jan 6, 2008 2:59am
Quoting Oksana17
Okay. What is the point of RSI, if anytime the MA's that u want to cross r going to cross will always be at 50 RSI?????????
the check of RSI(50) can be redundant in most cases. what's more important is NOT to open long orders when RSI > 70 and NOT to open short orders when RSI < 30 .
  • #142
  • Jan 6, 2008 3:57am Jan 6, 2008 3:57am
A great looking system domchik. I'm looking forward to seeing how the new EA performs.

rgs
mike
  • #143
  • Jan 6, 2008 5:18am Jan 6, 2008 5:18am
I am getting a compile error, see screen shot. I had also tried copying the log.mq4 into the include directory, no luck....
Attached Image (click to enlarge)
Click to Enlarge Name: comoile_error.jpg Size: 18 KB
  • #144
  • Jan 6, 2008 5:42am Jan 6, 2008 5:42am
Quoting et_phonehome_2
I am getting a compile error, see screen shot. I had also tried copying the log.mq4 into the include directory, no luck....
The EA installed fine on a chart for me. I tried manually compiling it and it showed two warnings and no errors.
I just clicked save on the download and directed the log.mq4 to the experts\include directory.
The screenshot shows you are trying to compile an indicator. MultEma_4_2.mq4 is an expert.
  • #145
  • Jan 6, 2008 5:59am Jan 6, 2008 5:59am
Quoting nvwine
The EA installed fine on a chart for me. I tried manually compiling it and it showed two warnings and no errors.
I just clicked save on the download and directed the log.mq4 to the experts\include directory.
The screenshot shows you are trying to compile an indicator. MultEma_4_2.mq4 is an expert.
Too early, oversight on my part.... I would've thought I could compile from anywhere....
  • #146
  • Jan 6, 2008 1:25pm Jan 6, 2008 1:25pm
Quoting domchik
hopefully the bug that caused the trades to get closed right after the opening is fixied in this version. Also, i added a log file that will help to understand what goes wrong.

please run this version from the next week. I recommend to use the default settings.

you will have to copy log.mq4 to /Experts/Include folder.

Hi.
I hope your hard work will have a good result.
i just want to ask if we need to set the global variables to 0 or 1 to start the ea correctly.

thanks
  • #147
  • Jan 7, 2008 12:04am Jan 7, 2008 12:04am
Domchik, I like this EA working with MA, and have implement your last version 4.2 to night.
Till now open and close two trades with a loss :usdjpy and euraud.
I guess the reason is because the MA is in the opposite direction of the trade

euraud buy MA 3 previous hour : 1,6889 next hour (trade) 1,6886
usdjpy sell MA 3 previous hr : 108,54... next hr (trade) 108,67

Same thing with the trades in progress at the moment I write eurchf, eurgbp,and gbpusd, all losses, but not because of opposite direction between EA and MA3 trend
May be the real explanation is because restarting the EA, EA opens trade as soon as all conditions are fullfilled, even if trend is opposite, so let's see evolution during this week.
Again Domchik,thanks a lot this EA should be profitable by me
  • #148
  • Jan 7, 2008 4:18am Jan 7, 2008 4:18am
my manual trade using TF30 is working great..

thanks domchik..

maybe next week can try real account!
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  • #149
  • Jan 7, 2008 4:34am Jan 7, 2008 4:34am
Quoting popisdead
my manual trade using TF30 is working great..

thanks domchik..

maybe next week can try real account!
what time and on what pair did you get a signal?

thxs
- Syd [dust is my bed...]
  • #150
  • Jan 7, 2008 4:57am Jan 7, 2008 4:57am
I had opened the 4.2 EA at start of Asian Session last night using the defaults on the one hour chart, all positions were stopped out with a loss:

EURCHF / EURJPY[twice] / GBPJPY[twice] / GBPUSD


In all cases, the MAs were practically flat when the trades were triggered.
  • #151
  • Jan 7, 2008 7:53am Jan 7, 2008 7:53am
Quoting et_phonehome_2
I had opened the 4.2 EA at start of Asian Session last night using the defaults on the one hour chart, all positions were stopped out with a loss:

EURCHF / EURJPY[twice] / GBPJPY[twice] / GBPUSD


In all cases, the MAs were practically flat when the trades were triggered.
I have more or less the same results, no open trades at the moment
Attached Image (click to enlarge)
Click to Enlarge Name: EA4.2.png Size: 14 KB
  • #152
  • Jan 7, 2008 7:58am Jan 7, 2008 7:58am
Sorry,
I forgot some trades, see modified image
Attached Image (click to enlarge)
Click to Enlarge Name: EA4.2.png Size: 22 KB
  • #153
  • Jan 7, 2008 8:01am Jan 7, 2008 8:01am
It's a great system but I personally like to trade manually and you can bet that the results are better too this way.
  • #154
  • Jan 7, 2008 11:04am Jan 7, 2008 11:04am
Quoting MKK
It's a great system but I personally like to trade manually and you can bet that the results are better too this way.
It is too early to say that this EA version works fine or not, with automatic system, you are not beaten by your emotions, and don't need to be under your screen full time
  • #155
  • Jan 7, 2008 12:17pm Jan 7, 2008 12:17pm
Quoting frageor
It is too early to say that this EA version works fine or not, with automatic system, you are not beaten by your emotions, and don't need to be under your screen full time
You are right about being under the screen but it is always possible to use EA just for signals and then confirm and open the trade manually. But hey, it's just my opinion. Others may like to us EA's.
There is just so many factors that EA can't recognize, like price patterns etc.

I'm not saying that this EA wouldn't work, I think it's a great EA.

Another thing I find useful regardless the system is to use support and resistance lines. I actually set my TP's according to them.
  • #156
  • Jan 8, 2008 8:33am Jan 8, 2008 8:33am
Quoting MKK
It's a great system but I personally like to trade manually and you can bet that the results are better too this way.
I agree..
so far manual is much better than the EA!
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  • #157
  • Jan 8, 2008 8:56am Jan 8, 2008 8:56am
Quoting popisdead
I agree..
so far manual is much better than the EA!
For sure, I stop now testing this version, results are awful
  • #158
  • Jan 9, 2008 1:28am Jan 9, 2008 1:28am
Quoting frageor
For sure, I stop now testing this version, results are awful
Hi guys,,
dont give up, try it on defferent instrument on defferent TF...
while testing i used G/Y on 5 min and its well done and try to use it also on 1 min ,, i know its not logic to use 1 min but i have 4 success trade yesterday night and one fail..

tell me your result guys.
  • #159
  • Jan 9, 2008 1:41am Jan 9, 2008 1:41am
I want to add that i have change only the tp value that i think 80 pip big value so i put it 50 on gbpjpyand 40 on others...

but no change on the other parameters .
  • #160
  • Jan 9, 2008 3:46am Jan 9, 2008 3:46am
till this point i am in -49 pips this week on 5 pairs alltogether.
this week is the worst week possible for trend following EA and so far i am not dissapointed with it at all!

it hasn't lost a lot despite all the whipsaws and i am pretty sure it will close the gap of -49 pips easily. Again, it's impossible for trend following system to win when there is no trend. The best it can do is not to loose too much and so far i am satisfied with the results.

please notice that it's very important to set the global variables for each pair manually before the EA starts running and after you restart MT.
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