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The DIBS Method... No Free Lunch continues

  • #2,941
  • Jun 25, 2008 6:20am Jun 25, 2008 6:20am
Quoting Alberto_Jazz
The opening trade price (on the last but one bar) is 1.0135 but the bar’s high is 1.0131...
On Longs, you are working with Ask prices.
Bar's High at 1.0131 is Bid price.
Alpari USDCAD spread = 4 pips.
  • #2,942
  • Jun 25, 2008 6:21am Jun 25, 2008 6:21am
Quoting Alberto_Jazz
In relation to my posted expert, please note that I’m not an MQL programmer.

In particular I don’t understand how can the software open a trade such this attached.
The opening trade price (on the last but one bar) is 1.0135 but the bar’s high is 1.0131...
I only add a 1 pip filter in the code, but I don’t think this is the problem.

Anyone can check my expert? Thank you!
hi al

i expect it has added the spread for you ?

cheers
kim
  • #2,943
  • Jun 25, 2008 6:24am Jun 25, 2008 6:24am
Quoting Alberto_Jazz
I created this expert and I'm testing it on Alpari demo version.

In this thread there is another expert, created from Oksana17.

Alberto,

Is it possible to add an e-mail alert... I live in est zone so I use it to stay in bed as long as possible. ATM I am using Jarroo's indicator but I find yours visually clearer and the parameters more flexible.


Gracias,
Unus pro omnibus, omnes pro uno
  • #2,944
  • Jun 25, 2008 6:29am Jun 25, 2008 6:29am
Quoting doblece
On Longs, you are working with Ask prices.
Bar's High at 1.0131 is Bid price.
Alpari USDCAD spread = 4 pips.
Thank you doblece and Kimmy! Now it's clear.
I thought the charts were based on ask prices...
  • #2,945
  • Jun 25, 2008 6:32am Jun 25, 2008 6:32am
Is there the possibility to set the graphs as ask prices instead of bid prices?
  • #2,946
  • Jun 25, 2008 6:35am Jun 25, 2008 6:35am
Quoting Alberto_Jazz
I created this expert and I'm testing it on Alpari demo version.

In this thread there is another expert, created from Oksana17.
hello alberto, how can i test(where) the EA on alpari demo.
Respect a man, and he will do all the more.
  • #2,947
  • Jun 25, 2008 6:36am Jun 25, 2008 6:36am
Quoting Alberto_Jazz
I created this expert and I'm testing it on Alpari demo version.

In this thread there is another expert, created from Oksana17.
hello alberto, how can i test(where) the EA on alpari demo. Im not realy good with Ea placement.Thanks
Respect a man, and he will do all the more.
  • #2,948
  • Jun 25, 2008 6:37am Jun 25, 2008 6:37am
Quoting Alberto_Jazz
Is there the possibility to set the graphs as ask prices instead of bid prices?
No but you can set both to be seen (and you need Bid prices for shorts).
Right click - properties - Show Ask Line
  • #2,949
  • Jun 25, 2008 6:39am Jun 25, 2008 6:39am
Quoting moneda
Alberto,
Is it possible to add an e-mail alert... I live in est zone so I use it to stay in bed as long as possible. ATM I am using Jarroo's indicator but I find yours visually clearer and the parameters more flexible.
Gracias,
Hi moneda, please note that the indicator I posted works only for the bars from 2.00 GMT to 5.00 GMT.
For the rest of daily period I use the indicator created from Luxinterior, "DIBS_TriggerLines1[1].2.mq4".
So I place 2 indicators on the graph. I'm sure that Luxinterior would be able to merge these 2 indicators in one....

For what about the e.mail alert, I'm not a programmer but I will look in to this, but I seem that an e.mail alert is a too slow way to capture these entry signals...
  • #2,950
  • Jun 25, 2008 6:41am Jun 25, 2008 6:41am
Quoting urchman
hello alberto, how can i test(where) the EA on alpari demo.

Save the expert in the experts folder.
Then open and compile it.
Then drag and drop the expert from Navigators window and edit the external variables as you prefer.
  • #2,951
  • Jun 25, 2008 6:48am Jun 25, 2008 6:48am
Quoting Alberto_Jazz
In this thread there is another expert, created from Oksana17.
Hi,
I contacted their support yesterday and asked some questions about the Oksana17 EA. It is actually made by marketprogramming.com and it comes as is, without the source code.
The EA has some limitations:
1. It doesn't follow the daily line rule, so trade will be taken whenever the IB price is broken.
2. The size of the bar isn't taken into consideration. the TP and SL are manually set.
These are some facts you better know before you use this EA.
BR,
Dani M.
  • #2,952
  • Jun 25, 2008 6:59am Jun 25, 2008 6:59am
Quoting Alberto_Jazz
Hi moneda, please note that the indicator I posted works only for the bars from 2.00 GMT to 5.00 GMT.
For the rest of daily period I use the indicator created from Luxinterior, "DIBS_TriggerLines1[1].2.mq4".
So I place 2 indicators on the graph. I'm sure that Luxinterior would be able to merge these 2 indicators in one....

For what about the e.mail alert, I'm not a programmer but I will look in to this, but I seem that an e.mail alert is a too slow way to capture these entry signals...
Alberto,

My e-mail alert goes to my cell phone as a text message and usually takes less than a minute to alert me.. it would be great if you can do it but regardless of it....thank you very much
Unus pro omnibus, omnes pro uno
  • #2,953
  • Jun 25, 2008 7:12am Jun 25, 2008 7:12am
I have update my expert in this way:

Buy when Bid > previous high + filter
Sell when Ask < previous low – filter

In this way I think to remove the spread problem.
Attached File(s)
File Type: mq4 Inside Bar.mq4   9 KB | 1,023 downloads
  • #2,954
  • Jun 25, 2008 7:13am Jun 25, 2008 7:13am
yeeeeeeeeeeeehaaaaaaaaaaa!!!

free ride south with swissy
  • #2,955
  • Jun 25, 2008 7:18am Jun 25, 2008 7:18am
Quoting Alberto_Jazz
I have update my expert in this way:

Buy when Bid > previous high + filter
Sell when Ask < previous low – filter

In this way I think to remove the spread problem.
Hi Alberto_Jazz,
could you also enter a TrailStop.
And what times did you use for Start_Trade and Stop_Trade?
Is this The PC (Personal Computer) Time, CST EST, GMT?
  • #2,956
  • Jun 25, 2008 7:19am Jun 25, 2008 7:19am
Eur and Swiss both 1:1,

Await whatever US news that is coming out in 10 minutes time.

Hopefully it goes in this direction
  • #2,957
  • Jun 25, 2008 7:20am Jun 25, 2008 7:20am
Quoting dan_mir
Hi,
I contacted their support yesterday and asked some questions about the Oksana17 EA. It is actually made by marketprogramming.com and it comes as is, without the source code.
The EA has some limitations:
1. It doesn't follow the daily line rule, so trade will be taken whenever the IB price is broken.
I confirm this. I asked to Oksana17 to remove this problem but...
  • #2,958
  • Jun 25, 2008 7:23am Jun 25, 2008 7:23am
Quoting cash4u2
Hi Alberto_Jazz,
could you also enter a TrailStop.
And what times did you use for Start_Trade and Stop_Trade?
Is this The PC (Personal Computer) Time, CST EST, GMT?
Hi Cash4u2, TrailStop is the next part of my work but I need to be sure of how actually work the expert before to improve it with a trailing stop...
When I will enter a trailing stop I will post it on this thread

I hope some MQL Programmer will help us to improve this expert!
  • #2,959
  • Jun 25, 2008 7:24am Jun 25, 2008 7:24am
Quoting Alberto_Jazz
Hi Cash4u2, TrailStop is the next part of my work but I need to be sure of how actually work the expert before to improve it with a trailing stop...
When I will enter a trailing stop I will post it on this thread

I hope some MQL Programmer will help us to improve this expert!

Thanks Dude ;-)
And what about the Start_Trade and Stop_Trade hours?
  • #2,960
  • Jun 25, 2008 7:37am Jun 25, 2008 7:37am
Hi All, very good strategy, keep up everybody, thank you!!.
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