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EA for gambler system

  • #21
  • Jul 9, 2008 1:22pm Jul 9, 2008 1:22pm
You're right Trader101,

I just patched the problem spots. Hopefully this EA is good enough for testing. Thanks for the help!
Attached File(s)
File Type: mq4 Gambler's system.mq4   13 KB | 582 downloads
  • #22
  • Edited 2:20pm Jul 9, 2008 2:07pm | Edited 2:20pm
Here is a test of EUR/USD for 2008 using the daily candles

http://img510.imageshack.us/img510/3570/testpp8.jpg
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #23
  • Jul 9, 2008 4:23pm Jul 9, 2008 4:23pm
Quoting Ronald Raygun
Any guidelines I should know about when programming functions?
I don't know. If the goal is clear, the coding goes smooth.

If you enjoy it, you will keep at it and keep getting better. It's that simple.

lucidlamp
  • #24
  • Jul 10, 2008 7:39am Jul 10, 2008 7:39am
Quoting yohan_ip
Hi there Gambler!
i've tried to intrepret your funtastic system, the attached code is not an EA yet, but it will plot some arrow to the chart acknowledging the user about when to buy, and when to sell

Please take a look, please tell me if there is something need to be fix, and if it's not goes well with the "RULES"

Regards,
The panic variable in the other EA need to be fixed.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #25
  • Jul 10, 2008 9:11am Jul 10, 2008 9:11am
there's nothing appeared on my chart . Is that a correct EA
  • #26
  • Jul 10, 2008 9:31am Jul 10, 2008 9:31am
Gambler, I'm not sure if i read the rules correctly... but what happens if the signal bar close in between the highest recorded opening price for an up bar AND the lowest recorded opening price for a down bar... should you buy or sell? or discard this signal altogether?
Programming for a better future.
  • #27
  • Jul 10, 2008 11:05am Jul 10, 2008 11:05am
Quoting Zen_Leow
Gambler, I'm not sure if i read the rules correctly... but what happens if the signal bar close in between the highest recorded opening price for an up bar AND the lowest recorded opening price for a down bar... should you buy or sell? or discard this signal altogether?
I can't use inside bars for anything so that's not a signal. I think this system needs a lot of optimization to make it profitable in the long run. It is easy to trade it manually and earn a lot of pips but it gets very complicated when an EA should do the same.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #28
  • Jul 10, 2008 11:13am Jul 10, 2008 11:13am
Quoting Gambler180
I can't use inside bars for anything so that's not a signal. I think this system needs a lot of optimization to make it profitable in the long run. It is easy to trade it manually and earn a lot of pips but it gets very complicated when an EA should do the same.
thanks for the clarification.

hmm... I'll give it a shot. I know Ronald had already posted an EA. I'd like to do my own and later compare our approach. will post tomorrow. gotta hit the sheets now. goodnight everyone. =)
Programming for a better future.
  • #29
  • Jul 11, 2008 9:32am Jul 11, 2008 9:32am
Hi Gambler,
How is the EAs tested so far?
Profitable?
using array is interesting for EA.
If i got time, I will try my coding style.
Seems like interesting if put into coding idea.

But how is the performance of the done EA of Ronalds and others?
  • #30
  • Jul 11, 2008 10:18am Jul 11, 2008 10:18am
Quoting MrForex123
Hi Gambler,
How is the EAs tested so far?
Profitable?
using array is interesting for EA.
If i got time, I will try my coding style.
Seems like interesting if put into coding idea.

But how is the performance of the done EA of Ronalds and others?
Not good. It needs a lot of optimization.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #31
  • Jul 12, 2008 1:41pm Jul 12, 2008 1:41pm
Quoting Gambler180
5. If the EA is in profit when the bar is finished the position should be closed.
6. If the EA has bought and a bar close below the opening prize of the bar where the EA bought the position should be closed.
7. If the EA has sold and a bar closes above the opening prize of the bar where the EA bought the EA should close the position.
8. If the EA should be traded on a small timeframe it is probably a good idea to have a time setting.
Gambler180,

correct me if I'm wrong, doesn't 5, 6 and 7 simply means close the position when the bar is finished? regardless whether its a win or a lose.
Programming for a better future.
  • #32
  • Jul 13, 2008 12:41pm Jul 13, 2008 12:41pm
Quoting Zen_Leow
Gambler180,

correct me if I'm wrong, doesn't 5, 6 and 7 simply means close the position when the bar is finished? regardless whether its a win or a lose.
To close for a loss the bar has to close below the opening price of the bar where i bought or above the opening price of the bar where I sold.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #33
  • Jul 13, 2008 2:23pm Jul 13, 2008 2:23pm
Quoting Gambler180
To close for a loss the bar has to close below the opening price of the bar where i bought or above the opening price of the bar where I sold.
so essentially this system trades only 1 bar, yes?

5. If the EA is in profit when the bar is finished the position should be closed.
The bar where you open the position closed in profit, close the position. This means "Close the position when the bar finish".

6. If the EA has bought and a bar close below the opening prize of the bar where the EA bought the position should be closed.

The bar where you BUY the position close LOWER, close the position. This means "Close the position when the bar finish".

7. If the EA has sold and a bar closes above the opening prize of the bar where the EA bought the EA should close the position.

The bar where you SELL the position close HIGHER, close the position. This means "Close the position when the bar finish".

Which means all 3 points are essentially the same. Close the position when that bar you bought at has finished. if close in profit, smile, if close in loss, suck it up.

Am I reading this right?
Programming for a better future.
  • #34
  • Jul 13, 2008 3:38pm Jul 13, 2008 3:38pm
Quoting Zen_Leow
so essentially this system trades only 1 bar, yes?

5. If the EA is in profit when the bar is finished the position should be closed.
The bar where you open the position closed in profit, close the position. This means "Close the position when the bar finish".

6. If the EA has bought and a bar close below the opening prize of the bar where the EA bought the position should be closed.

The bar where you BUY the position close LOWER, close the position. This means "Close the position when the bar finish".

7. If the EA has sold and a bar closes above the opening prize of the bar where the EA bought the EA should close the position.

The bar where you SELL the position close HIGHER, close the position. This means "Close the position when the bar finish".

Which means all 3 points are essentially the same. Close the position when that bar you bought at has finished. if close in profit, smile, if close in loss, suck it up.

Am I reading this right?
I have done all the explanation in this thread.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #35
  • Jul 13, 2008 4:18pm Jul 13, 2008 4:18pm
Quoting Gambler180
I have done all the explanation in this thread.
I think the questions of Zen are valid...Its the way i understand too. Its a 1 bar trading system. The question is why elaborate the 5, 6 & 7 when they mean the same thing?? Unless we understand it wrongly, that is why you have to clarify it. Reason being, the optimized EA that you are asking for will never be done if you yourself is pissed by the Zen's questions.
  • #36
  • Jul 13, 2008 6:04pm Jul 13, 2008 6:04pm
Quoting trader101
I think the questions of Zen are valid...Its the way i understand too. Its a 1 bar trading system. The question is why elaborate the 5, 6 & 7 when they mean the same thing?? Unless we understand it wrongly, that is why you have to clarify it. Reason being, the optimized EA that you are asking for will never be done if you yourself is pissed by the Zen's questions.
It is not you who understand it wrongly. I can see now that I have given a wrong explanation.

I use this system on the daily charts. All my decisions are based on the closing price of yesterdays bar so I'm opening my positions at the start of the new day. If I for example can see that yesterdays bar has closed above the lowest opening price of a downbar in the latest downtrend I will buy. That decision is based on yesterdays bar so the EA should only close for a loss when a bar close below the opening price for that bar.

So that doesn't mean that the EA always should close the position if it in loss at the end of the day. It should only close for a loss when a bar close below the candle I base my decision on (one bar before the bar where I opened the position)

I hope this makes sense :-)

Edit: I am not pissed. I just think I have explained it as good as I can in the other thread.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #37
  • Jul 15, 2008 8:26am Jul 15, 2008 8:26am
I am trying to make a simple indicator for Gamblers System.. I have attached the code and will need the help of others to show me where the errors are. The magenta down arrows are not showing up. I am tired of trying to debug where the error occur another pair of eyes and fresh brain will definitely help.
Thanks
Trader101
Attached File(s)
File Type: mq4 Gamblers Indicator.mq4   3 KB | 540 downloads
  • #38
  • Jul 15, 2008 11:40am Jul 15, 2008 11:40am
Quoting Ronald Raygun
Syanwar,

Once I understand how I can get that specifc bit of logic in code, I can pull the rest of the EA together in about 20 mins. You've probably noticed already that in all my EAs, about 90% of the code is exactly the same.

The past 5 bar highest/lowest part is where I'm stuck.

How can I reliably:

  1. Identify which of the 5 bars are up/down
  2. Determine of the up/down bars which are highest and lowest.

Are you serious bro? And you are a programmer? Seems like everyone and his cat is a programmer in the computer era...
  • #39
  • Jul 15, 2008 11:48am Jul 15, 2008 11:48am
That's true. Everyone is a programmer here in the computer era. How many amongst them are GOOD programmers?
  • #40
  • Jul 15, 2008 4:27pm Jul 15, 2008 4:27pm
Scientist,

Quoting Scientist
Are you serious bro? And you are a programmer? Seems like everyone and his cat is a programmer in the computer era...
Depends on ones definition of programmer. If one can open MetaEditor. Create a new Indicator and write "Comment("Hello World");" in the "int start" brackets. Compile it. Place the indicator on a chart and it will place the text "Hello World" in the space reserved for comments. Hence one becomes a successful programmer. Once one knows how, 'easy' becomes part of their vocabulary when they reference programming.

Your opinion is noted, but the way you relay it is done in bad taste, only impedes progress.

lucidlamp
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