The simple stupid system | Page 27 | Forex Factory

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The simple stupid system

  • #521
  • Aug 26, 2008 6:23am Aug 26, 2008 6:23am
Quoting krufx
Unfortunately i deleted & cleared the chart sorry......so my QQE Indy setting should be 1, i downloaded the zip file with the
indys that Wahnone has on the first page, or is this to just check what would of happened...............????
yes the QQE indi has its default value at 5. Wahnone wants it at 1. so I set 1 as the default in the EA. you can't get a good comparison visually and EA-ly (I coin this word. haha) if the settings aren't the same.

so the EA's "QQE_Smooth_Factor" value and the QQE Indi's "SF" value must be the same for a proper comparison between the chart and the EA.

although the EA doesn't need the indicators to be loaded onto the chart to work, its still good to have them on screen for visual purposes and seeing if the EA is working properly.

you might also wanna try setting "QQE_Entry_Signal_Buffer" to 0. this will tell the EA not to search for crossovers in QQE which may make u miss some trades.

regards,
Zen
Programming for a better future.
  • #522
  • Aug 26, 2008 7:21am Aug 26, 2008 7:21am
Zen,
The breakeven, stoploss, trailing stop and take profit are now working well on the EA beta2. The only issue I see now is the way the EA take the trades. It enters earlier than the setup at times and later at other times. It took a buy trade on gbpusd 1min(for testing only), the trade should have gone all the way up, but the EA exited it midway without any exit signal. Please, could this be corrected? I have attached the chart.
The settings used are default except from the QQE_Entry_buffer, QQE_Exit_buffer, MA_Entry_buffer, and MA_Exit_buffer, all set at zero.
Attached Image (click to enlarge)
Click to Enlarge Name: ea.gif Size: 50 KB
  • #523
  • Aug 26, 2008 9:38am Aug 26, 2008 9:38am
I installed the beta 2 EA 3 hours ago on 5 different pairs on the 15 minute charts, and very happy with the results. Nothing at all changed except to trade 24 hours.
GBP/USD plus 15
USD/CHF plus 37
EUR/JPY Plus 26
EUR/JPY Minus 36
EUR/JPY Plus 9 (I manually traded out for reasons I forget now. It's plus 90 as I write!)
Love the stop loss feature. Great start!
  • #524
  • Aug 26, 2008 9:56am Aug 26, 2008 9:56am
Me too .. i installed the EA beta 2 n put on 15M TF ... .results as follows

GBPUSD +15
EURUSD +25
EURJPY -28
USDJPY +31
USDCHF +38
USDCAD +100
.... great work guys !
  • #525
  • Aug 26, 2008 11:16am Aug 26, 2008 11:16am
Quoting FrostCall
Well, I guess I'm having issues too, mine won't even make trades. The other EA posted a few pages back as 'SS' works just fine. Really kind of odd.
I have the opposite problem. SS is not taking any trades on my charts. SSEA beta2 has taken 2 on EU and both at profit. Both exited with TS.

Hello all. Hope to contribute here.
  • #526
  • Aug 26, 2008 11:17am Aug 26, 2008 11:17am
It works on USD/CAD too, and for a hundred smackers no less!? Pinch me, someone. I'm ready to quit my day job! Just kidding, of course (sort of) Thanks to Wahnone and Zen for a great start!
Quoting reddevilpin
Me too .. i installed the EA beta 2 n put on 15M TF ... .results as follows

GBPUSD +15
EURUSD +25
EURJPY -28
USDJPY +31
USDCHF +38
USDCAD +100
.... great work guys !
  • #527
  • Aug 26, 2008 11:19am Aug 26, 2008 11:19am
Quoting paradoxical
It works on USD/CAD too, and for a hundred smackers no less!? Pinch me, someone. I'm ready to quit my day job! Just kidding, of course (sort of) Thanks to Wahnone and Zen for a great start!

Please where can I find the EA?
  • #528
  • Aug 26, 2008 11:47am Aug 26, 2008 11:47am
For those that the EA isn't taking trades, you should post a chart or two as mine has taken SO many trades since last night I can barely count them

The only settings I changed were:
trade 24 hours
ema entry and exit signal buffers set to 5
qqe entry signal buffer set to 0
usefloatingstop set to false

Zen also added in the upper left corner a status of the ea, whether it's sleeping or taking trades etc.
  • #529
  • Aug 26, 2008 11:53am Aug 26, 2008 11:53am
Has any body done any back testing using the ea with good quaility and had good results?
  • #530
  • Aug 26, 2008 12:12pm Aug 26, 2008 12:12pm
Quoting Wahnone
Zen,
The breakeven, stoploss, trailing stop and take profit are now working well on the EA beta2. The only issue I see now is the way the EA take the trades. It enters earlier than the setup at times and later at other times. It took a buy trade on gbpusd 1min(for testing only), the trade should have gone all the way up, but the EA exited it midway without any exit signal. Please, could this be corrected? I have attached the chart.
The settings used are default except from the QQE_Entry_buffer, QQE_Exit_buffer, MA_Entry_buffer, and MA_Exit_buffer, all set at zero.
Wahnone, would you mind checking your trade history under the comments column. does the trade that "exit early" have [sl] at the end? if so then its probably cos it hit the trailing stop. if you want it to go all the way until an opposite signal appears, you might wanna disable trailing stop by setting "TrailingStop" value to 0.
Programming for a better future.
  • #531
  • Aug 26, 2008 12:15pm Aug 26, 2008 12:15pm
Quoting aelimian
Please where can I find the EA?
the latest beta2 version of the EA is here

http://www.forexfactory.com/showpost...&postcount=504

there's a pdf manual created for the first version too. you can find it in the attachment list (paperclip image at the top right).

I'll create an updated manual for beta2 when I find the time.
Programming for a better future.
  • #532
  • Aug 26, 2008 12:24pm Aug 26, 2008 12:24pm
Here are the two charts in comparison. First, the SS chart, then the SSE Beta 2 chart. I'm sure there is a setting I have set wrong somewhere.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sschart.gif Size: 29 KB
Click to Enlarge Name: sseb2chart.gif Size: 29 KB
  • #533
  • Aug 26, 2008 2:43pm Aug 26, 2008 2:43pm
Quoting FrostCall
Here are the two charts in comparison. First, the SS chart, then the SSE Beta 2 chart. I'm sure there is a setting I have set wrong somewhere.
Well at the mo your beta 2 is sleeping (LH upper corner) if you want it to
trade 24 hrs set it to 24 in hours to trade
  • #534
  • Aug 26, 2008 5:04pm Aug 26, 2008 5:04pm
Yeah, I had it set to 10 hours and at the time I took the shot, I was outside of that time period. Quick question. I have a sneaky feeling that I may have the wrong settings for my GMT. I'm in the central US with a GMT of -6 (and the system only accepts 0 - 24), and my broker is in NYC so GMT -5. What should the GMT setting be in the SSE Beta 2?
  • #535
  • Aug 26, 2008 5:14pm Aug 26, 2008 5:14pm
Recommended trading hours are between 0700 gmt and 1700 gmt, so if your broker time is -5 gmt, then u'd be setting your ea to start time of 2 and 10 hours.
Your broker time is probably not your local time, so check what it is in comparison to gmt and adjust accordingly.

for testing purposes, just set the ea to start at 0 and run 24 hrs.

Edit: Zen may want to verify that the EA is taking the time from the broker, which I believe to be the case (typical for ea's to get time info from the mt4 platform broker)
  • #536
  • Aug 26, 2008 6:53pm Aug 26, 2008 6:53pm
Quoting tazmaan
Recommended trading hours are between 0700 gmt and 1700 gmt, so if your broker time is -5 gmt, then u'd be setting your ea to start time of 2 and 10 hours.
Your broker time is probably not your local time, so check what it is in comparison to gmt and adjust accordingly.

for testing purposes, just set the ea to start at 0 and run 24 hrs.

Edit: Zen may want to verify that the EA is taking the time from the broker, which I believe to be the case (typical for ea's to get time info from the mt4 platform broker)
yes, time to start is dependent on the timezone your broker is using and not according to your computer's time.

mine for example, IBFX uses GMT clean and simple. but I'm in Singapore with timezone GMT +8. I don't care about my timezone. All I need to know is the broker's.

if yours is on something else like GMT -4, EST, or whatever.., you'll need to calculate the offset and reflect the changes.

regards,
Zen
Programming for a better future.
  • #537
  • Aug 26, 2008 7:05pm Aug 26, 2008 7:05pm
How does the QQEA alert work? I am getting down arrow while price is above the EMA, Momentum is above the zero line,..... and vice versa. The arrows are not always pointing the right way. Any ideas?
  • #538
  • Aug 26, 2008 8:14pm Aug 26, 2008 8:14pm
Quoting Zen_Leow
yes, time to start is dependent on the timezone your broker is using and not according to your computer's time.

mine for example, IBFX uses GMT clean and simple. but I'm in Singapore with timezone GMT +8. I don't care about my timezone. All I need to know is the broker's.

if yours is on something else like GMT -4, EST, or whatever.., you'll need to calculate the offset and reflect the changes.

regards,
Zen
Zen,
I am using IBFX, so what is the GMT setting?

Thanks.
  • #539
  • Aug 26, 2008 8:21pm Aug 26, 2008 8:21pm
I think he said ibfx is gmt, but just check the current time on ibfx and compare to gmt time to find out.
FXDD is gmt -2, i haven't used ibfx for awhile so can't answer you on that one, easy to figure it out tho.
  • #540
  • Aug 26, 2008 8:41pm Aug 26, 2008 8:41pm
Does the EA maybe not work with some brokers? Works fine on Interbank FX. But, doesn't take any trades at all with Alpari or WHC. I also have an ODL and FXDD account I could try it on, but I don't really use them much. Anyone else having trouble getting the EA to work on certain brokers accounts?
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