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DailyHighLow (EA - MTaboneWeb)

  • #21
  • Jul 23, 2008 2:09pm Jul 23, 2008 2:09pm
Quoting Syahmi
Hi there... I copied the ex4 to the experts folder... restart... but when I wanted to retrieve it, double click... but it didn't allow me to do so... what went wrong? How do I make full use of it?

Thanks

Do you have a chart open with the time frame set to hourly?
  • #22
  • Jul 23, 2008 2:12pm Jul 23, 2008 2:12pm
Yeap.... I did everything as told by you guys...
  • #23
  • Jul 23, 2008 2:30pm Jul 23, 2008 2:30pm
Quoting Syahmi
Yeap.... I did everything as told by you guys...

With an active chart open, try right clicking on the Expert of choice and choose "Attach to a chart".
  • #24
  • Jul 24, 2008 2:57pm Jul 24, 2008 2:57pm
Please refer to 1st post for revision notes and new EA download.
  • #25
  • Jul 24, 2008 11:36pm Jul 24, 2008 11:36pm
The EA is placing trades now and looks good so far. I will watch it carefully to make sure it does what it's supposed to do. In the next few days I will post some past results and settings that were used. I will also post some template files but feel free to ask questions about how the EA works, what can be done, etc. Please, experiment and let us all know how it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: dailyhighlow.gif Size: 84 KB
  • #26
  • Jul 24, 2008 11:39pm Jul 24, 2008 11:39pm
Here's a short bit of history so far. I have 4 other MT4's running each with different settings and will post history as often as I can (weekly most likely).
Attached Image (click to enlarge)
Click to Enlarge Name: dailyhighlow_history.gif Size: 71 KB
  • #27
  • Jul 25, 2008 5:25am Jul 25, 2008 5:25am
1st of all thanks again for your work.

I think i might have fund a small bug :

It seems that the "OrderExpirationHours" is not working
Despite setting it at 17 or 15 i get the same message

orderwill be placed.....2008.07.25 06:00 --- 2008.07.25 06.21
orderwill be closed.....2008.07.25 05:00 --- 2008.07.25 05.21

I don't know yet if the order are indeed closed at the right time or not
and if it is just a message bug.

Did you notice that also or did i do something wrong ?
  • #28
  • Jul 25, 2008 11:28am Jul 25, 2008 11:28am
350 pips on the first night!

Here are the settings I'm using. I'm pretty sure these settings were originally posted by naranjoe on the Daily95pips thread. The biggest difference here is that orders are moved closer once the opposite side is triggered.

TradingParameters=------------------------------------------------------------
DayStartHour=2
LookbackHours=17
MaxHighLow=1000 (basically allows the span to be ignored)
MaxHighLowIsAverage=0 (false)
 MinHighLow=80 (ignored due to other settings)
 NumberOfDays=50
NumberOfDaysMin=9
HighLowMargin=5 (5 pips above and below)
 UseHighLowForSL=0 (false)
CalcSpreadIntoSL=0 (false)
CancelOppositeOrders=0 (false)
MoveOppositeOrders=1 (true, see how long orders were moved down when short was triggered on the attached chart)
CloseTradesAtEndOfDay=1 (true)
OppositeOrderDistance=5 (distance from opposite order's stop loss, i.e. if stop loss is 60 then 65 pips from opposite order)
PlaceLongOrders=1 (true)
PlaceShortOrders=1 (true)
OrderExpirationHours=17
OrderSlippage=3
EAMagicNumber=200804111
Order01Parameters=------------------------------------------------------------
Order01LotSize=0.03 (orders are set for less as the take profit increases assuming the lesser take profits have more of a chance to hit thus raising your profit)
Order01TP=40
Order01SL=60
Order01BE=0
Order01TrailStopTrigger=0
Order01TrailStopAmount=0
Order02Parameters=------------------------------------------------------------
Order02LotSize=0.02
Order02TP=80
Order02SL=60
Order02BE=0 (doesn't need a break even at 80 since take profit is 80 and will close when hit)
Order02TrailStopTrigger=0
Order02TrailStopAmount=0
Order03Parameters=------------------------------------------------------------
Order03LotSize=0.01
Order03TP=110
Order03SL=60
Order03BE=80
Order03TrailStopTrigger=0
Order03TrailStopAmount=0
Order04Parameters=------------------------------------------------------------
Order04LotSize=0.00
Order04TP=0
Order04SL=0
Order04BE=0
Order04TrailStopTrigger=0
Order04TrailStopAmount=0
Order05Parameters=------------------------------------------------------------
Order05LotSize=0.00
Order05TP=0
Order05SL=0
Order05BE=0
Order05TrailStopTrigger=0
Order05TrailStopAmount=0
Attached Image (click to enlarge)
Click to Enlarge Name: dailyhighlow_gbpjpy.gif Size: 14 KB
Attached File(s)
File Type: tpl dailyhighlow_gbpjpy.tpl   2 KB | 404 downloads
  • #29
  • Jul 25, 2008 11:39am Jul 25, 2008 11:39am
Firstly, it will only close open/pending trades if "CloseTradesAtEndOfDay: true". It has nothing to do with "OrderExpirationHours". Secondly, I believe after testing this EA since March of this year that it is far better to make sure there are no open orders or pending orders right before the start of a new trading time. This is because the EA manages the trades and will not handle trades as intended if they roll over to the next day. If you had a trade(s) that were open on a pair and the new trade time placed new pending orders based on new data then they could get triggered as well mixing old trades with new and confusing matters. You are more than welcome to try it however you like but I would stronly suggest "CloseTradesAtEndOfDay: true". You have to think in the present. The comment is just telling you if there are open trades that they will be closed in that time frame and the other comment is telling you in the next hour new trades may be placed. I will change the EA not to show the close message if it's false in the settings.

The intent of "OrderExpirationHours" is just to ensure that trades don't last beyond a given time. You may not want the to remain if they haven't triggered in say 5 hours, etc. The EA is also programmed not to allow them to exist into the next trading time frame.

Hope this answers your questions.


Quoting airx3000
1st of all thanks again for your work.

I think i might have fund a small bug :

It seems that the "OrderExpirationHours" is not working
Despite setting it at 17 or 15 i get the same message

orderwill be placed.....2008.07.25 06:00 --- 2008.07.25 06.21
orderwill be closed.....2008.07.25 05:00 --- 2008.07.25 05.21

I don't know yet if the order are indeed closed at the right time or not
and if it is just a message bug.

Did you notice that also or did i do something wrong ?
  • #30
  • Jul 26, 2008 4:53am Jul 26, 2008 4:53am
mtaboneweb

Firstly, sincere thanks for your efforts with this EA, and its predecessor !

I have loaded the EA on test with 19 pairs. Are there any pairs you recommend or is this entirely open at this stage of the testing ?

Does the EA work independently of broker times, or is this a setting we need to consider ?

cav
  • #31
  • Jul 26, 2008 10:57am Jul 26, 2008 10:57am
Quoting cav
mtaboneweb

Firstly, sincere thanks for your efforts with this EA, and its predecessor !

I have loaded the EA on test with 19 pairs. Are there any pairs you recommend or is this entirely open at this stage of the testing ?

Does the EA work independently of broker times, or is this a setting we need to consider ?

cav

For right now I would say it's open to experimentation. The EA looks at it's own time so if you wanted a certain Eastern time, say 2am, and you ran it on IBFX and FXDD then the DayStartHour would need to be calculated for each of them to find the matching time.

Thanks for joining us.
  • #32
  • Jul 27, 2008 12:07pm Jul 27, 2008 12:07pm
Hi,

Which currency pairs do you recommend? How many pairs do you recommend at once and what amount of funds?

Thanks.
  • #33
  • Jul 27, 2008 12:50pm Jul 27, 2008 12:50pm
Quoting wilg
Hi,

Which currency pairs do you recommend? How many pairs do you recommend at once and what amount of funds?

Thanks.

I have lots of results I'll be posting hopefully today. That should give you a good starting point.
  • #34
  • Jul 27, 2008 3:39pm Jul 27, 2008 3:39pm
Hi,

Thanks for your efforts.

It would be nice if you could post the mq4 code also
(is it based on the code posted by Pr1mer and pipHunter196?)
Failure is a feedback. Learn from it.
  • #35
  • Jul 27, 2008 5:12pm Jul 27, 2008 5:12pm
Quoting tomomi72003
Hi,

Thanks for your efforts.

It would be nice if you could post the mq4 code also
(is it based on the code posted by Pr1mer and pipHunter196?)

This EA is my code from the ground up. I don't use other peoples code and I don't post my own source code. You are more than welcome to try the EA or not but I just don't post source code anymore.

Thanks.
  • #36
  • Jul 27, 2008 5:49pm Jul 27, 2008 5:49pm
Quoting mtaboneweb
This EA is my code from the ground up. I don't use other peoples code and I don't post my own source code. You are more than welcome to try the EA or not but I just don't post source code anymore.

Thanks.

Ok.
Failure is a feedback. Learn from it.
  • #37
  • Jul 28, 2008 2:34am Jul 28, 2008 2:34am
Quoting mtaboneweb
Firstly, it will only close open/pending trades if "CloseTradesAtEndOfDay: true". It has nothing to do with "OrderExpirationHours". Secondly, I believe after testing this EA since March of this year that it is far better to make sure there are no open orders or pending orders right before the start of a new trading time. This is because the EA manages the trades and will not handle trades as intended if they roll over to the next day. If you had a trade(s) that were open on a pair and the new trade time placed new pending orders based on new data then they could get triggered as well mixing old trades with new and confusing matters. You are more than welcome to try it however you like but I would stronly suggest "CloseTradesAtEndOfDay: true". You have to think in the present. The comment is just telling you if there are open trades that they will be closed in that time frame and the other comment is telling you in the next hour new trades may be placed. I will change the EA not to show the close message if it's false in the settings.

The intent of "OrderExpirationHours" is just to ensure that trades don't last beyond a given time. You may not want the to remain if they haven't triggered in say 5 hours, etc. The EA is also programmed not to allow them to exist into the next trading time frame.

Hope this answers your questions.
Hi,

I am still on version "a" and couldn't find "CloseTradesAtEndOfDay"
when i look in the input tab....
  • #38
  • Jul 28, 2008 2:36am Jul 28, 2008 2:36am
Ah ok ,
Just see that "CloseTradesAtEndOfDay: true" was added on version "b"

Understand now

Thanks meta.
  • #39
  • Jul 28, 2008 9:26am Jul 28, 2008 9:26am
Quoting airx3000
Ah ok ,
Just see that "CloseTradesAtEndOfDay: true" was added on version "b"

Understand now

Thanks meta.

No problem. Thanks for testing the EA with us.
  • #40
  • Jul 28, 2008 7:23pm Jul 28, 2008 7:23pm
Please see post #1 for EA, settings, revision notes.
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