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Trend Finder Daily

  • #441
  • Jul 20, 2008 9:23pm Jul 20, 2008 9:23pm
Be careful, everyone:
The Trend Finder Template shows different color (AO and STO) between FXDD and ODL. The signals posted in this thread is according to the reading on ODL.
  • #442
  • Jul 21, 2008 3:25am Jul 21, 2008 3:25am
i am using an alpari chart and the signals seem to be very different to the ODL chart. Does this mean that the EA could only be used on ODL?

Also on the CADJPY the signal to go long - price was underneath the 200 MA on the Alpari chart. Was it different on the ODL chart?

Can anyone shed some light on this and if it is possible to use an Alpari chart to trade this system?

Many thx
  • #443
  • Jul 21, 2008 7:06am Jul 21, 2008 7:06am
Ron,

Are you around?

By running this EA last night:
I had one pair of USD/CAD opened at 12:00 ODL market time and close at 12:01 with -19 pips lost (due to TS set = true).

I think that most likely it's a bug.
  • #444
  • Edited 9:44am Jul 21, 2008 9:00am | Edited 9:44am
Quoting trader8686
Ron,

Are you around?

By running this EA last night:
I had one pair of USD/CAD opened at 12:00 ODL market time and close at 12:01 with -19 pips lost (due to TS set = true).

I think that most likely it's a bug.
I think it's because there was a huge spread.

You mean to tell me the price moved 12-18 pips with a fixed spread in one second?

Also, what was the TS set to? I think the default trailing stop on my EAs is 20 or 30.
  • #445
  • Jul 21, 2008 9:40am Jul 21, 2008 9:40am
Quoting lawrence
i am using an alpari chart and the signals seem to be very different to the ODL chart. Does this mean that the EA could only be used on ODL?

Also on the CADJPY the signal to go long - price was underneath the 200 MA on the Alpari chart. Was it different on the ODL chart?

Can anyone shed some light on this and if it is possible to use an Alpari chart to trade this system?

Many thx
Hello,

I recommend you open an ODL demo account so you can follow along. Sometimes brokers will have slightly different values. I am actually using FXCM as my live broker, but I find entries via an ODL Demo account.

Thanks,
Bull101
  • #446
  • Jul 21, 2008 11:24am Jul 21, 2008 11:24am
Quoting Ronald Raygun
I think it's because there was a huge spread.

You mean to tell me the price moved 12-18 pips with a fixed spread in one second?

Also, what was the TS set to? I think the default trailing stop on my EAs is 20 or 30.
I meant to tell you, that EA has opened a wrong pair as well.
  • #447
  • Jul 21, 2008 12:33pm Jul 21, 2008 12:33pm
Quoting trader8686
I meant to tell you, that EA has opened a wrong pair as well.
That's almost impossible. The EA is designed to open trades on the same pair as the chart it was placed on. The only way that's possible is if you are changing the chart which the EA was placed on.

Could you please post anything from the "Journal" and "Expert" tab? That will help me most in trying to diagnose this problem.
  • #448
  • Jul 21, 2008 1:26pm Jul 21, 2008 1:26pm
Quoting Ronald Raygun
That's almost impossible. The EA is designed to open trades on the same pair as the chart it was placed on. The only way that's possible is if you are changing the chart which the EA was placed on.

Could you please post anything from the "Journal" and "Expert" tab? That will help me most in trying to diagnose this problem.
I love to help. Where is the "Journal" and "Expert" tab at?
  • #449
  • Jul 21, 2008 1:28pm Jul 21, 2008 1:28pm
Quoting trader8686
I love to help. Where is the "Journal" and "Expert" tab at?
They are at the very bottom of your Terminal window within the MetaTrader chart.
Greetings from Guanajuato, Mexico
  • #450
  • Jul 21, 2008 2:57pm Jul 21, 2008 2:57pm
Quoting yen44x
They are at the very bottom of your Terminal window within the MetaTrader chart.
Great, found it!

File is too big, won't let me upload.
Can I have Ron or Yen's e-mail address?
Just PM to me is fine.
  • #451
  • Jul 21, 2008 3:13pm Jul 21, 2008 3:13pm
Quoting Ronald Raygun
That's almost impossible. The EA is designed to open trades on the same pair as the chart it was placed on. The only way that's possible is if you are changing the chart which the EA was placed on.

Could you please post anything from the "Journal" and "Expert" tab? That will help me most in trying to diagnose this problem.
Oh, Ron, when I said wrong pair:
I meant, this pair is not a qualified trade:

Market day 07/21/2008
USD/CAD opened on ODL 12:00 market time, and closed by EA on ODL 12:01 market time.
  • #452
  • Jul 21, 2008 3:13pm Jul 21, 2008 3:13pm
Quoting trader8686
Great, found it!

File is too big, won't let me upload.
Can I have Ron or Yen's e-mail address?
Just PM to me is fine.
You don't need the entire file . . . just take a "snapshot" of anything in those tabs that relate to the trade you're asking about.
Greetings from Guanajuato, Mexico
  • #453
  • Edited 3:55pm Jul 21, 2008 3:22pm | Edited 3:55pm
Ron and Yen,

I discovered the problem from the MT4 Jurnal log:
It was because the EA attached to the USDCAD H1 chart, not the D1 chart.
Attached File(s)
File Type: doc 20080721_MT4_Jurnal.doc   73 KB | 381 downloads
  • #454
  • Jul 21, 2008 3:28pm Jul 21, 2008 3:28pm
There you go =D. Hopefully that was the solution.
  • #455
  • Jul 21, 2008 4:34pm Jul 21, 2008 4:34pm
Hi, i just to try Backtesting the EA "Trendfinder Daily by Roland Raygun" and i get the following error Message in the Journal Window/Tab.

2008.07.21 23:29:28 2008.06.02 08:58 Cannot open file 'C:\Program Files \MetaTrader 4\experts\indicators\Advanced_ADX.ex4' on the EURUSD,Daily

I try to search this Thread and also in FF but that brings me no result.

Can anybody Post this File please.

Thank You!
Michael
  • #456
  • Jul 21, 2008 4:44pm Jul 21, 2008 4:44pm
Quoting codeman
Hi, i just to try Backtesting the EA "Trendfinder Daily by Roland Raygun" and i get the following error Message in the Journal Window/Tab.

2008.07.21 23:29:28 2008.06.02 08:58 Cannot open file 'C:\Program Files \MetaTrader 4\experts\indicators\Advanced_ADX.ex4' on the EURUSD,Daily

I try to search this Thread and also in FF but that brings me no result.

Can anybody Post this File please.

Thank You!
Michael
Should be on the first post in this thread.
  • #457
  • Jul 21, 2008 5:39pm Jul 21, 2008 5:39pm
Quoting trader8686
Be careful, everyone:
The Trend Finder Template shows different color (AO and STO) between FXDD and ODL. The signals posted in this thread is according to the reading on ODL.
i understand betwenn ODL and IBFX interbankfx no differents

escuse my english i m spanish speaker

muchas gracias
  • #458
  • Jul 21, 2008 5:43pm Jul 21, 2008 5:43pm
Trade 1: Set a take profit of +50 pips.
Trade 2: Set at take profit of +100 pips.
Both Trades: When you reach +50 pips, set the stop loss for both trades to 0. (Break even)

Bull101....above is your changed money mgmt strategy as listed in Post #1....and I'm confused (as usual). My question is this....when you reach +50 pips profit for both trades, isn't trade #1 closed out automatically with the +50 pips TP? How can you then set both trades to Break Even, if trade #1 is already closed out by the TP?
  • #459
  • Jul 21, 2008 6:59pm Jul 21, 2008 6:59pm
Quoting GRPip
Trade 1: Set a take profit of +50 pips.
Trade 2: Set at take profit of +100 pips.
Both Trades: When you reach +50 pips, set the stop loss for both trades to 0. (Break even)

Bull101....above is your changed money mgmt strategy as listed in Post #1....and I'm confused (as usual). My question is this....when you reach +50 pips profit for both trades, isn't trade #1 closed out automatically with the +50 pips TP? How can you then set both trades to Break Even, if trade #1 is already closed out by the TP?
You are correct, trade one is closed at +50. I should have worded it better I'll correct it after today's signals.

Thanks,
Bull101
  • #460
  • Jul 21, 2008 7:10pm Jul 21, 2008 7:10pm
July 2nd 2008

EUR/GBP - Long at .7954

View trade images and discuss today's analysis on the forums at:
http://trendfinder.freehostia.com/
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