Quest 100 System | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The quest for the best forex trading system 28 replies

The quest to be a Millionaire 16 replies

Gio's simple profitable trading quest 6 replies

Quest for Reliable Inexpensive Charting Package that works with Any Broker 4 replies

quest for the simplist trading 8 replies

Attachments: Quest 100 System
Exit Attachments

Quest 100 System

  • #61
  • Feb 21, 2008 2:14pm Feb 21, 2008 2:14pm
Quoting nealc99
That is just some debugging code - but "SELL" indicates to me that it should have tried to place a sell.

Anyone else running the EA and it not opening trades (hasn't opend any for a while today).
i found your EA after work, i will place it tomorrow
  • #62
  • Feb 21, 2008 3:44pm Feb 21, 2008 3:44pm
Just a point of correction to above post. When I say pictures I mean those ones attached to the system desciptions. Pls nealc99, can u help with the pictures you posted? I found no picture after opening. Still need help with the entry and exit rules.
  • #63
  • Feb 21, 2008 4:16pm Feb 21, 2008 4:16pm
Quoting abiolade
Just a point of correction to above post. When I say pictures I mean those ones attached to the system desciptions. Pls nealc99, can u help with the pictures you posted? I found no picture after opening. Still need help with the entry and exit rules.
Hope this helps - the direct link to the corresponding images explaining the system:

Post #2 explaining system: http://www.forexfactory.com/showpost...67&postcount=2
Direct link to the image: http://www.forexfactory.com/attachme...1&d=1203470137

Post #3 further explination: http://www.forexfactory.com/showpost...04&postcount=3
Direct link to the image: http://www.forexfactory.com/attachme...2&d=1203468308

Post #3 further explination: http://www.forexfactory.com/showpost...15&postcount=4
Direct link to the image: http://www.forexfactory.com/attachme...5&d=1203468795
  • #64
  • Feb 21, 2008 5:46pm Feb 21, 2008 5:46pm
I have never used and EA before. I have attached it to my chart with the settings supplied here in the thread. How do I know if it is on. It is showing and x and not the smiley face I see in the charts posted. Thanks
  • #65
  • Feb 21, 2008 5:59pm Feb 21, 2008 5:59pm
Quoting Cmartin371
I have never used and EA before. I have attached it to my chart with the settings supplied here in the thread. How do I know if it is on. It is showing and x and not the smiley face I see in the charts posted. Thanks

Smiley face would indicate it is on.

1) At the top of your Metatrader there is a button that says "Expert Advisors", it should be GREEN and sunken

2) click on the X of the EA in the upper right corner of your chart and on the first tab "Common", down at the bottom "Live Trading" should be checked.
  • #66
  • Feb 21, 2008 6:10pm Feb 21, 2008 6:10pm
Does the current EA version follow your 13SMA rule?

Other than using the EA, do you have any re-entry rules or would you wait for another signal whereby the entry rules are met?
  • #67
  • Feb 21, 2008 6:12pm Feb 21, 2008 6:12pm
Quoting nealc99
Smiley face would indicate it is on.

1) At the top of your Metatrader there is a button that says "Expert Advisors", it should be GREEN and sunken

2) click on the X of the EA in the upper right corner of your chart and on the first tab "Common", down at the bottom "Live Trading" should be checked.

Thanks
  • #68
  • Feb 21, 2008 6:46pm Feb 21, 2008 6:46pm
Quoting et_phonehome_2
Does the current EA version follow your 13SMA rule?

Other than using the EA, do you have any re-entry rules or would you wait for another signal whereby the entry rules are met?
The only re-entry at this time for the EA would be retracement from either brown line (+89 & -89 SMA) back to the 89SMA.

For manual trading, if you get stopped out (say 35pip trailing stop) once the candles have started gravitating back to the 89SMA you could possibly go back in.

DO NOT REENTER if it is close to danger zone (right now set to 18pips above and below the 89SMA). There tends to be a lot of whipsawing arround the 89SMA.
  • #69
  • Feb 21, 2008 9:02pm Feb 21, 2008 9:02pm
Hi Neal, Using your presets I have the EA set on a 1h UJ chart on my demo account and its been on for last 10 hours with no trades.

Any ideas what could be the reason?

Is it because it will place a trade only between 8 and 15 GMT ?

Below are the entries from experts tab.

Thanks once again

2008.02.22 08:59:12 Quest100_v1.0 USDJPY,H1 inputs: MagicNumber=304329; Remark1="== Start Time =="; BeginHour=8; EndHour=15; GMTOffset=2; Remark2="== Main Settings =="; Sensitivity=18; StopLoss=35; StopDistance=30; autoreverse=true; CloseOrdersDaily=false; Remark3="== Money Management =="; Lots=1; MoneyManagement=false; Risk=10;


2008.02.22 08:59:12 Quest100_v1.0 USDJPY,H1: NOTICE: This EA does not function on a LIVE account - ONLY Demo!!!
  • #70
  • Feb 21, 2008 9:11pm Feb 21, 2008 9:11pm
Quoting shiva
Hi Neal, Using your presets I have the EA set on a 1h UJ chart on my demo account and its been on for last 10 hours with no trades.

Any ideas what could be the reason?

Is it because it will place a trade only between 8 and 15 GMT ?

Below are the entries from experts tab.

Thanks once again
Correct - Default settings is 8:00-15:00 GMT You may have put it on after 15:00 GMT therefore it's not looking for anything.
  • #71
  • Feb 21, 2008 10:13pm Feb 21, 2008 10:13pm
1hr or 15m? I thought it's suppose to be on the 15 minute chart.
  • #72
  • Feb 21, 2008 10:23pm Feb 21, 2008 10:23pm
Quoting seamonkey
1hr or 15m? I thought it's suppose to be on the 15 minute chart.
The EA is hard wired for a 15 minute - doesn't matter what timeframe the chart it is on. (of course the signals won't visually match if different than a 15m chart)
  • #73
  • Feb 21, 2008 10:28pm Feb 21, 2008 10:28pm
Guys, someone is using ODL to test the ea ? I am having problems : when a position is open ,all is in order ,then SL and TP disappear and also the position remain open forever......
  • #74
  • Feb 22, 2008 1:25am Feb 22, 2008 1:25am
Hi Nealc ,why the ea didn't open this long trade on euro ?
in the same time opened usdjpy short
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 13 KB
  • #75
  • Edited 5:14am Feb 22, 2008 1:31am | Edited 5:14am
Quoting gioviforex
Hi Nealc ,why the ea didn't open this long trade on euro ?
in the same time opened usdjpy short
Thanks
The EA is in development... You cannot expect it to be perfect from the start

edit : EA lost 90$ but has 200$ in floating gain. Weird thing is that it has a +96 pips gain on GBPCHF but the SL and TP has been removed after some time ? Is it how it is supposed to work ? (note : the TP set originaly would have been hit by now )
  • #76
  • Edited 5:49am Feb 22, 2008 5:28am | Edited 5:49am
Quoting melpheos
The EA is in development... You cannot expect it to be perfect from the start

edit : EA lost 90$ but has 200$ in floating gain. Weird thing is that it has a +96 pips gain on GBPCHF but the SL and TP has been removed after some time ? Is it how it is supposed to work ? (note : the TP set originaly would have been hit by now )
You have had my same problems.......but at least your ea is opening different positions with different pairs....
ps. my ea dasn't update for the triling stop

ps.what i can see now is that ea makes one trade per time in the same platform
  • #77
  • Feb 22, 2008 6:23am Feb 22, 2008 6:23am
Quoting gioviforex
Hi Nealc ,why the ea didn't open this long trade on euro ?
in the same time opened usdjpy short
Thanks
Yes - it's in developmental stage.But, it looks like it should have.TRADE ENTRY: (Close of current candle >= EMA89+Sensitivity) && (Close of previous candle >= EMA89+Sensitivity*Point) && (Open 2nd previous candle < EMA89+Sensitivity*Point) = ENTER BUY
  • #78
  • Feb 22, 2008 6:32am Feb 22, 2008 6:32am
Quoting melpheos
The EA is in development... You cannot expect it to be perfect from the start

edit : EA lost 90$ but has 200$ in floating gain. Weird thing is that it has a +96 pips gain on GBPCHF but the SL and TP has been removed after some time ? Is it how it is supposed to work ? (note : the TP set originaly would have been hit by now )
Entry into a trade is fairly straight forward.MAINTAINING and EXITING a trade on the other hand gets a little complicated sometimes.A SL should be in place almost all of the time (can't think of an exception at the moment).The TP is removed when a candle overflows the river banks (+89/-89) to allow it to shift into TrailingStop mode (we don't care how far it goes in the positive direction). The SL is moved on a tight 15pip threshold so we can drain all the pips possible out of the trade when it reverses.
  • #79
  • Feb 22, 2008 6:34am Feb 22, 2008 6:34am
Quoting gioviforex
You have had my same problems.......but at least your ea is opening different positions with different pairs....
ps. my ea dasn't update for the triling stop

ps.what i can see now is that ea makes one trade per time in the same platform
The EA will make only 1 trade per "MagicNumber". If you have the EA on several charts, check to see that the MagicNumber is different on each. That's how the EA knows which trades belong to it.
  • #80
  • Edited 8:26am Feb 22, 2008 6:44am | Edited 8:26am
Quoting nealc99
Entry into a trade is fairly straight forward.MAINTAINING and EXITING a trade on the other hand gets a little complicated sometimes.A SL should be in place almost all of the time (can't think of an exception at the moment).The TP is removed when a candle overflows the river banks (+89/-89) to allow it to shift into TrailingStop mode (we don't care how far it goes in the positive direction). The SL is moved on a tight 15pip threshold so we can drain all the pips possible out of the trade when it reverses.
Unfortunately i think there is something wrong in the code as ATM i have this trade with no stop nor take profit ?

Also, i see in my log one trade that went up to +40 but closed à -35
Some orders SL has been moved once but until now no trade has closed in profit...

Edit : Another trade (eurusd) closed à -9 after going to +45... The EA needs some work on the exit strategy but i think i has a lot of potential...
1 trader viewing now