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trendchaser super ea

  • #841
  • Mar 19, 2008 1:24pm Mar 19, 2008 1:24pm
yeah i 4got bout fixing the trailing stop, i fixed it after i uploaded v16

there same other than that

so i just renamed to 17 lol

i dont use trailing stop, but in certain times it can be useful

just keep in mind
you cant close winners n let losers run
but if all u have is winners
you can make a set file for just trailing stop

Quoting Alex84
OOPS...
Didn't you say V16 was final version just before ?...:
lol

Yes you already did a good job ! you're right
  • #842
  • Mar 19, 2008 1:27pm Mar 19, 2008 1:27pm
theres no expiration
the ea is yours forever

click the paperclip at top right of this page n download the v16.zip
it has the set files in it

v17 is default for h1 already
just use the setfile to apply m5 settings


Quoting traderjon
TC

Thank you, thank you for your hard work. I'm planning to go live with $1000 on Monday. I was wondering at which setting should I have the EA run on M5? Which setting on H1?

I'm was running v9.1 on demo and excellent result. How will running v17 differ? And does v17 expire?

Thanks,
Jon
  • #843
  • Mar 19, 2008 1:29pm Mar 19, 2008 1:29pm
m5 settings is just that
should be same as v1.9

v1.9 doesnt expire neither
but theres unfixed bugs

and it might be using pivots n auto tf
i cant remember

Quoting traderjon
TC

Thank you, thank you for your hard work. I'm planning to go live with $1000 on Monday. I was wondering at which setting should I have the EA run on M5? Which setting on H1?

I'm was running v9.1 on demo and excellent result. How will running v17 differ? And does v17 expire?

Thanks,
Jon
  • #844
  • Mar 19, 2008 1:48pm Mar 19, 2008 1:48pm
Quoting trendchaser
m5 settings is just that
should be same as v1.9

v1.9 doesnt expire neither
but theres unfixed bugs

and it might be using pivots n auto tf
i cant remember

i work most of the day, and 9.1 so far have my confidence is letting it do its thing all day without intervention beside checking on it every 8-10 hours. I was wondering will v17 allow that? a few post back you talked about using the scripts to enter more trade in for high profitability. what is your thought on me leaving the EA to do whatever it was and monitor it occassionally?

i'm definitely in to donate profit, its only fair that we show appreciation for your hard work.

another question is which system is the EA trading? is it just getting signal via PSAR?

Thanks,
Jonathon
  • #845
  • Mar 19, 2008 1:50pm Mar 19, 2008 1:50pm
Hello trenchaser

Goodwork for ur job
Hope u will develope more and more and share with us

Sorry for my question coz i'm still not understand how to use this EA

1. The suitable TF for this EA
2. Suitable setting
3. Suitbale Deposit
4. Brokers criteria that can use this EA

hope all update n documentation u can put at 1st thread, so user can easyly find

sorry for my bad english
  • #846
  • Mar 19, 2008 1:53pm Mar 19, 2008 1:53pm
Quoting trendchaser
v17 is default for h1 already
wich one ?
H1 normal or h1 martingale ?
Better to use H1 martingale right ?
  • #847
  • Edited 2:17pm Mar 19, 2008 2:05pm | Edited 2:17pm
Hey TC, I haven't been around for a bit. What did I miss I read a few posts back that the EA is done Can you update the first post with the EA, set files and instructions. Any reason why anyone would use martingale look at EUR/GBP, this currency screwed my first live account, started trending up Jan 2007 and hasn't come back down. Screwed all martingale systems
Thanks man
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #848
  • Mar 19, 2008 2:15pm Mar 19, 2008 2:15pm
Quoting trendchaser
thats when your ready to go live
when youv gained confidence
youl only get that confidence after you fully understand how the ea works

i see no major bugs

Hi TC,


Thank You, thank you, I love this, I can walk away or go to sleep and return to find a profit, NICE!

Don't mean to be a pain, I'm new to this whole EA application, I think I have everything installed, can't figure out how to apply the 5m setfile. If the answer is already in the thread I apologise, I'm reading the thread it's just hard keeping up with the posts are coming fast and furious.

Thanks

Roroe
  • #849
  • Mar 19, 2008 2:20pm Mar 19, 2008 2:20pm
Hi TC! Please see my attached statement for today. EA started the day with long positions but unfortunately every single was closed with lost. Some of them were opened and closed within a minute. After that only SELL positions were opened and most of them closed with profited. Do you have the same results?
Thanks.
Attached File(s)
File Type: zip Statement for 19.03.08.zip   4 KB | 291 downloads
  • #850
  • Mar 19, 2008 2:26pm Mar 19, 2008 2:26pm
Quoting niaga
Hello trenchaser

Goodwork for ur job
Hope u will develope more and more and share with us

Sorry for my question coz i'm still not understand how to use this EA

1. The suitable TF for this EA
2. Suitable setting
3. Suitbale Deposit
4. Brokers criteria that can use this EA

hope all update n documentation u can put at 1st thread, so user can easyly find

sorry for my bad english
Yes, please, TC.

Also recommended pairs & associate indis/filters if required in the system.

Best regards!
QUITTERS never WIN! WINNERS never QUIT!
  • #851
  • Mar 19, 2008 2:36pm Mar 19, 2008 2:36pm
Quoting kramlon
Hi TC! Please see my attached statement for today. EA started the day with long positions but unfortunately every single was closed with lost. Some of them were opened and closed within a minute. After that only SELL positions were opened and most of them closed with profited. Do you have the same results?
Thanks.
No it doesn't seem to work as it should...but I can't open your zip to check...
  • #852
  • Mar 19, 2008 2:46pm Mar 19, 2008 2:46pm
I think TC is having a lot of questions now, I guess he won't manage to answer all, take time guys to read all the posts (it won't be so long), it should answer to most of your questions, and as TC said earlier it will help to understand how the EA works...which will be very usefull to modify settings to suit to your broker...
Anyway i'll try to answer some questions I can...even if my knowledge is far far from TC'S
  • #853
  • Mar 19, 2008 3:17pm Mar 19, 2008 3:17pm
Strange, I’ve just managed to open that zip file attached to this thread. Any way check the Doc. File bellow.


Quoting Alex84
No it doesn't seem to work as it should...but I can't open your zip to check...
Attached File(s)
File Type: doc Day Statement.doc   48 KB | 429 downloads
  • #854
  • Mar 19, 2008 3:25pm Mar 19, 2008 3:25pm
Thanks man!
Just a suggestion:

-After monitoring visual backtest it seems that after a trend reversal at the 30M TF, the opened trades in the 'wrong direction' should/could be closed earlier. This should give you an extra profit i think.
(I hope you understand my bad english)

-Trades are opened and closed very fast behind eachother.
Maybe it would be better to lock in profit at 20 pips. Since reopening a trade will cost you the spread (8 pips on GY) every time.

Besides these suggestions, thank you for your devotion to your project.
It's really great to have hands on such a nice EA.

Regarding
  • #855
  • Edited 3:41pm Mar 19, 2008 3:30pm | Edited 3:41pm
Quoting trendchaser
keep tabs on news and have ur finger on the trigger

most of the time the ea is already trading in the direction of the news, if not then dont add
Hey TC something s wrong ...
The scripts Buy and Sell I downloaded don't run on the MIG acct even when I switch lots to 0.1 instead of 0.01. Should I modify anything else in the scripts ? thanks
  • #856
  • Mar 19, 2008 3:37pm Mar 19, 2008 3:37pm
Quoting kramlon
Strange, I’ve just managed to open that zip file attached to this thread. Any way check the Doc. File bellow.
I think there s to many losses. Something is wrong i guess. As TC said we should see around 70% wins and 30% loss. it looks 50-50 here...who's your broker ? You should try to open an acct at IBFX and one at your broker then compare results of each...first step to compare
  • #857
  • Mar 19, 2008 3:39pm Mar 19, 2008 3:39pm
Quoting weetikveel
Thanks man!
-Trades are opened and closed very fast behind eachother.
Maybe it would be better to lock in profit at 20 pips.
Regarding
the wins are around 20 pips...
  • #858
  • Mar 19, 2008 4:27pm Mar 19, 2008 4:27pm
Quoting Alex84
the wins are around 20 pips...
Yes, and after that, a new trade is often opened.
The opening of a new trade costs you a lot of pips (spread).
So locking in profit would be more profitable instead of reopening.
  • #859
  • Mar 19, 2008 4:42pm Mar 19, 2008 4:42pm
Quoting weetikveel
Yes, and after that, a new trade is often opened.
The opening of a new trade costs you a lot of pips (spread).
So locking in profit would be more profitable instead of reopening.
someone already asked this to TC, He answered he found 20 was the best setting to perform.
Test it : run 2 accounts one were you modify profit target percent to get it higher and the other one with TC settings. Let it go for a few days or weeks and compare...Post the results and we'll see, might be interesting
  • #860
  • Mar 19, 2008 4:56pm Mar 19, 2008 4:56pm
I'm not talking about exact TP, wether it's 20, 50, 231, or whatever.
I know 20 seems to be the best after testing/optimizing.
The only thing I mean is, it is a waste of money/profit to close a trade, and reopen it (this happens).
So why wouldn't you set the SL at +20 pips after reaching it.
this way you don't have to open a new trade which means you save yourself about 8 pips (spread)
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