The simple stupid system

Quoting SlushFund

Disliked

Thanks for introducing what was originally a manual system. I lost interest after the words "expert" and "advisor" were introduced. Sadly this seems to happen to every thread on FF. So now the discussion is about coding rather than trading. Sigh...............

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Quoting Bradev

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I think this happens because the rules and parameters are pointed out so many times that it becomes redundunt and there's nothing left to do but build an ea. If the system proves to be successful, it is only natural to find the easiest way to execute it. Don't bash a thread for following the course of natural human behavior.

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Quoting SlushFund

Disliked

Thanks for introducing what was originally a manual system. I lost interest after the words "expert" and "advisor" were introduced. Sadly this seems to happen to every thread on FF. So now the discussion is about coding rather than trading. Sigh...............

Ignored

Quoting SlushFund

Disliked

Mmmm..... So a few rules have been pointed out and you think that's what trading is all about do you? First stochs were in they they were out (unwisely in my opinion) No matter. Well let's see. We could have had more of a discussion on stops, maybe some backtesting on whether trading in the same direction as the H1 and H4 stochs gave better filtering. Perhaps whether the reverse cross of the stoch for exits instead of the 5/8 cross was safer although it netted fewer pips. What about pivots? The list goes on - but you have your EA based on a few simple rules that are now redundant. Priceless!!

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Quoting taravolta

Disliked

This is the trade taken by my EA today.
+96 pips

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Quoting Wahnone

Disliked

Can you share it?I mean the EA.

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Quoting taravolta

Disliked

Sure.

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Quoting Zen_Leow

Disliked

let's look at the codes a bit.

Inserted Code

bool EMA_SaysBuy()
{
   bool shouldBuy = false;
   if (Get_EMA_Close_Value(SignalIndex) > Get_EMA_Open_Value(SignalIndex))
   {
      for (int i=SignalIndex+1; i<SignalIndex+Entry_Signal_Buffer; i++)
      {
         if (Get_EMA_Close_Value(i) < Get_EMA_Open_Value(i))
         {
            shouldBuy = true;
         }
      }
      if (Entry_Signal_Buffer == 0)
      {
         shouldBuy = true;
      }
   }
 
   return (shouldBuy);
}

we'll assume you've set Wait_For_Candle_Close to "true". that means SignalIndex will be 1 (that's the previous candle). so the code reads like this... if the previous closed candle has EMA5 HIGHER than EMA8, it will then check if the "Entry_Signal_Buffer" number of bars (by default, 5) preceding that candle. if one of those candles have EMA5 LOWER than EMA8, that means there is a crossover within the buffer period.

the same algorithm has been applied to QQE lines as well.

in essence, this algorithm is good for 2 things.
Firstly, to have a valid crossover in a time period of your choice. you wouldn't want to just look at EMA5 above EMA8 that's all. you'll also want to know how long has it been above. and not take the chance if its been there for too long.

Secondly, you'll be able to restrict a valid signal as crossovers on different indicators within a buffer period instead of restricting them to be on the same candle.

like in our case, a valid signal is when both the QQE and EMA crossovers happens within the Entry_Signal_Buffer number of candles. that way, you don't have to restrict them to occur on the same candle. hence the term, buffer.

Inserted Code

bool ShouldBuy()
{
   if (EMA_SaysBuy() && MomentumVT_SaysBuy() && QQE_SaysBuy())
   {
      return (true);
   }
   return (false);
}

as for entering a tad late... it has to do with our waiting for candle to close. so the earliest a trade can enter is at ONE candle AFTER the LATER crossover occurs (can be either the EMA or QQE, whichever comes later.)

I hope I've explained this clearly. Its easier to understand if I draw a picture... but... I'm lazy. =p

regards,
Zen

Ignored

Quoting krufx

Disliked

Zen, another quick ????..............do we have to have any indicators
loaded up on our charts or in our MT4 platform if we don't have to have them on the charts, for this EA to work

thanks

Ignored

Quoting adria

Disliked

Zen_Leon,
I tested SSS_EA_ver1.mq4. BreakEvenPips and TrailingStop don't work.
I think the "OrderModify" codes should be changed.
Can someone check these codes?

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