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Is This My Holy Grail EA :D

  • #161
  • Dec 19, 2007 6:56pm Dec 19, 2007 6:56pm
bloody last post did not come out as i wrote it.
i'll have to attach the TP 20 calculations...
Attached File(s)
File Type: doc TP 20 calc.doc   20 KB | 604 downloads
  • #162
  • Dec 19, 2007 7:04pm Dec 19, 2007 7:04pm
I am looking at the EA now and will make some changes. This coding is a lot more complicated than the 10.3 I was using 6 months ago. There has been some good work done on this and good thought put into it. I hope I can add a small amount of success to it. Will test later.
  • #163
  • Dec 19, 2007 10:39pm Dec 19, 2007 10:39pm
To see what the EA can do i have been running it for 6 hours on $10k demo.

settings:

5 min chart

8 pairs (some not opening as set to false, i was using the exe. version)

-----------------
TP 5
SL 15
pipsteps 10

The aud/us went to SL 15 and a bit beyond. the pipstep did not activate for ages.

The Cad/us pair went down to 1.001 and it was supposed to put LOT 2 on at buy 1.011.
There was a 5 pip spread at FXDD on the CAD. That means it went to 1.006 buy.
1st Lot 1 was buy at 1.021.

The pip (pipstep) function has not been working. Not in forward demo so far.
  • #164
  • Dec 20, 2007 1:01am Dec 20, 2007 1:01am
8 hours now with the EA going. 2 hours ago i took it off the pairs with no open trades.

The CAD trade eventually won. But that was entered manually.
---------

The pipstep function in this EA does not launch properly.
Very late launch on AUD/US
No second incremental trade at all on the CAD/US.
-----------------------------------

But i've got some data for those who want to know about this EA and using 1.6 X instead of the 2X LOT increases.

BY 154 pips of dropping trades in the same direction, the 2X is 5 times levered.
Attached File(s)
File Type: xls scaled 1.6 lots.xls   14 KB | 550 downloads
File Type: xls variation.xls   14 KB | 501 downloads
  • #165
  • Dec 21, 2007 12:57am Dec 21, 2007 12:57am
Another day another look at the system>

About 10pm last night, before my 9th beer, i figured out what was wrong.

It was simply that the EA had not passed the Olympic torch onto the next trade.
With the CAD.US on a 5 pip spread, the SL at -15 must have registered before the 10 pipstep deployed the X2 lot rebuy.

Nothing wrong with the EA at all - it was the parameters i was using.

------------

Naningbob.

I have looked at the charts of selling when the line crosses back down from 97 etc.

some times the red line doesn't cross until about 35, or in one case, 9.

so you would be initiating a SELL at 9 on the Stoch. And it can be days after the cross up above 97.

Don't think it would matter if the theory manages to always avoid a DEATH TRADE though.


Can't wait to hear back from you guys.

Been a day and i was the last post.
  • #166
  • Dec 27, 2007 2:45pm Dec 27, 2007 2:45pm
I feel that the name / title of this thread should be changed.
  • #167
  • Jan 3, 2008 9:43pm Jan 3, 2008 9:43pm
Quoting nanningbob
I am looking at the EA now and will make some changes. This coding is a lot more complicated than the 10.3 I was using 6 months ago. There has been some good work done on this and good thought put into it. I hope I can add a small amount of success to it. Will test later.
Take a look at this thread:
http://www.forex-tsd.com/expert-advi...3-mq4-316.xxxx
David and Newdigital are working together to stop the death trade. They are using a MACD alert indicator to alert and provide a pause to determine whether or not to enter the trade. If you could make their semi automatic combination work automatically, you will be a Hero! You and Azam Keep up the good work! There has also been some recent work on Emily_v8 that you should look into. Regards, Rydnek
  • #168
  • Jan 6, 2008 6:01pm Jan 6, 2008 6:01pm
The original 10.3 used MACD and because it is a lagging indicator it guarenteed the death trade would always happen. The only way I could see it working if you used the sto reversal indicator and then it waited until MACD trended. Then you ended trading when the sto indicator went above the 90 to 95 range on the buys and 5-10 range on the sells. In other words you would use the old 10.3 system using the Sto indicator to filter out the death trade. That might work. Wonder how that could be programmed??
  • #169
  • Jan 14, 2008 7:26pm Jan 14, 2008 7:26pm
I had no problem getting trades on the exe file version posted.

the mq4 file version that he released later in the thread has been on euro/us and gbp/us for three weeks and hasn't launched a trade yet.

any ideas? has it traded for others in this time?
  • #170
  • Jan 15, 2008 1:49am Jan 15, 2008 1:49am
I trade 15+ currencies. It will do a couple of them a day. The only one I found it does not work well on is the Eur/gbp. The more a currency moves the better this system works.
  • #171
  • Jan 15, 2008 1:50am Jan 15, 2008 1:50am
Also change the 1H to 30M on the exe file to get more trades
  • #172
  • Jan 26, 2008 8:03pm Jan 26, 2008 8:03pm
Hi azam, nanningbob,

I read the thread, and i think this kind of system is very promise, i am starting to try others like, 10.3, goblin bipolar and the original multi lot scalper.

Iīm not a programmer yet.. but if have anything i could help...

Regards,
Numeral
  • #173
  • Jan 31, 2008 9:20pm Jan 31, 2008 9:20pm
About the īStoch Powerī, what is the difference from Version 2.ex4 and the .mq4 ?

I try to change somethings and try the MQ4, but isnīt working.

Regards
  • #174
  • Feb 1, 2008 3:29am Feb 1, 2008 3:29am
A simple answer to your question is the ex4 is set and you cant go in and change the program. A MQ4 you can go in and change the formulas and programming. If you want to test and try different formulas you can use the MQ4 but you need some programming knowledge to do that. I took programming BASIC 20 years ago but after looking at the MQ4 program I could figure out what they are doing even though I can't write programs. Its like being able to read but not write. Sahul Rashid was kind enough to let us take his program and try different things with it. I am testing some different formulas now and one formula looks promising. It is difficult to explain how to do these things but if you have some programming knowledge these are not complicted programs. The problem is getting price action to fit the program LOL. My conclusion is, there is no real program that can just run and it will make a profit however I have found out if you baby sit them they can do very well for you. Its nice to know I can walk away from the computer and it will enter the trade i want without sitting there all day or exit the trade without me being there. That is what I use them for. It is frustrating to sit at a computer for hours only to miss the trade you wanted. Now I use EA to enter a trade or exit a trade.

Bob
  • #175
  • Feb 2, 2008 7:42am Feb 2, 2008 7:42am
Quoting nanningbob
A simple answer to your question is the ex4 is set and you cant go in and change the program. A MQ4 you can go in and change the formulas and programming. If you want to test and try different formulas you can use the MQ4 but you need some programming knowledge to do that. I took programming BASIC 20 years ago but after looking at the MQ4 program I could figure out what they are doing even though I can't write programs. Its like being able to read but not write. Sahul Rashid was kind enough to let us take his program and try different things with it. I am testing some different formulas now and one formula looks promising. It is difficult to explain how to do these things but if you have some programming knowledge these are not complicted programs. The problem is getting price action to fit the program LOL. My conclusion is, there is no real program that can just run and it will make a profit however I have found out if you baby sit them they can do very well for you. Its nice to know I can walk away from the computer and it will enter the trade i want without sitting there all day or exit the trade without me being there. That is what I use them for. It is frustrating to sit at a computer for hours only to miss the trade you wanted. Now I use EA to enter a trade or exit a trade.

Bob
True Bob. I start my MQL learning at a website in my native language.

I get the "Stoch Power.MQ4" that Azam give, but itīs not the same programing of "stoch power ea_2.EX4", maybe without the Sotch formula/coding or something Azam add at the version 2.

That formula you add to the stoch power, itīs working with the EA? open new ordes? Maybe you can share with us the ex4, or the mq4.

Regards
  • #176
  • Feb 3, 2008 12:41pm Feb 3, 2008 12:41pm
The problem with sharing is, I am still testing the EA. It has had some successes but has one troubling problem, the sto indicator is not very good in a strong market when price takes off strongly in one direction. It will stay above/below the 80/20 and may not come down for a day or two. This puts you in a very bad situation. I am testing with MA right now because MA are better indicators in strong trending markets.
  • #177
  • Feb 3, 2008 9:54pm Feb 3, 2008 9:54pm
I've backtested this and it has crashed on all currencies within the past 4 years.

But i have had many thoughts.

A start would be to execute trades only when 3 and then 97, or 97 and then 3.
At the moment it will open at trade at say 3, TP, and then open again when dips to 3. It should be total reversal from 3 - 97 etc.

A fact:
there seems to be high enough incidents of trades being closed at first position. ie. open and take 32 pips.
About 7 out of 21 is roughly what i remember.

Apply the logic to SL at the 22 step mark, and open at normal with TP 32.
On a bad trade, SL, you double lots when it opens the next trade.

No death trades. Growing account. But i'm not staying up all night to do this. i am in Asia trade session. All action is when i am in bed, Euroupe and USA time. EA that can make these 2 changes would rock!
  • #178
  • Feb 3, 2008 10:15pm Feb 3, 2008 10:15pm
Siggy...
"When you use a towel do you wipe your groin, behind and then face? If you say no, do you use the same towel for more than one day?"

Do you replace the Soap in your shower Everyday? If Not, think about the Last thing I washed with it.
  • #179
  • Feb 4, 2008 8:07am Feb 4, 2008 8:07am
Quoting bradman
I've backtested this and it has crashed on all currencies within the past 4 years.

But i have had many thoughts.

A start would be to execute trades only when 3 and then 97, or 97 and then 3.
At the moment it will open at trade at say 3, TP, and then open again when dips to 3. It should be total reversal from 3 - 97 etc.

A fact:
there seems to be high enough incidents of trades being closed at first position. ie. open and take 32 pips.
About 7 out of 21 is roughly what i remember.

Apply the logic to SL at the 22 step mark, and open at normal with TP 32.
On a bad trade, SL, you double lots when it opens the next trade.

No death trades. Growing account. But i'm not staying up all night to do this. i am in Asia trade session. All action is when i am in bed, Euroupe and USA time. EA that can make these 2 changes would rock!
The problem with any system is, it will always crash. There is always some way a market will move that will over come any trading system. The better question to ask is: When is a good time to trade a system? With Martingales it is during non-news times. If you trade a Martingale system after the last major US story (around 10-12 am EST) and quit around 3am when the Euro market opens, Martingale systems work very well. They are excellent trading systems for non-heavy trending markets. They can handle some trending just not big ones. I have been using a variation of Azam's program and have tested it on 16 currencies on 5 different MT4 platforms. Stay away from news stories and it wins just about every day. After you get your profit close down your trades every day and start fresh every day. If you notice from the testing crashes take place over a period of days or even weeks. Very rarely will it crash in a short time frame (less than one day) unless you are trading too many or big lots. If you trade one currency and use pennies with several hundred dollars in an account you stand a very good chance of not crashing except at a big news story. With the power of exponential trading pennies turn into dollars and it works. Those are my findings with almost 2 months of using Azams program. Thank you Azam for your EA. I have done very well with it.
  • #180
  • Feb 5, 2008 12:02am Feb 5, 2008 12:02am
Quoting nanningbob
The problem with any system is, it will always crash. There is always some way a market will move that will over come any trading system. The better question to ask is: When is a good time to trade a system? With Martingales it is during non-news times. If you trade a Martingale system after the last major US story (around 10-12 am EST) and quit around 3am when the Euro market opens, Martingale systems work very well. They are excellent trading systems for non-heavy trending markets. They can handle some trending just not big ones. I have been using a variation of Azam's program and have tested it on 16 currencies on 5 different MT4 platforms. Stay away from news stories and it wins just about every day. After you get your profit close down your trades every day and start fresh every day. If you notice from the testing crashes take place over a period of days or even weeks. Very rarely will it crash in a short time frame (less than one day) unless you are trading too many or big lots. If you trade one currency and use pennies with several hundred dollars in an account you stand a very good chance of not crashing except at a big news story. With the power of exponential trading pennies turn into dollars and it works. Those are my findings with almost 2 months of using Azams program. Thank you Azam for your EA. I have done very well with it.
Yes, great. All Right!

I test this kind of EA like you.

I use small lots to handle with big moves, news or anything, i like the martingale in news, because the price a lot of times, go up and back down (vice-versa), closing the order in profit.

Itīs good stay with a good margin, with a good account handling more than 1500 pips negatives.

Iīm having good results with Stoch power ea_"2". I donīt now why.. the ea1 donīt works like ea2.

this statement is with 18% almost 3 days
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