Simple Trading Method with trader101
My biggest challenge is going to allow you to "replay" a specific timeframe to analyze this strategy bar-by-bar, on your own time. And allow you to make simulated trades, or "practice."
Carl
Well have just finished this thread since yesterday..^o^.. Trying to set up my IBFX mini demo, attached is my IBFX chart.
Found strong short at the chart with all the sell in profit except for EG & EU, appreciate your comments whether am I doing the right thing..^_^..
Thanks
Irene
Ok, here is an update of my external windows program using MT4 quote data. I have just completed the real-time test of the functions I have programmed thus far.
-Shows real-time view of currency pairs (IBFX pairs)
-Shows real-time bias (strength)
-Allows choosing any day in the past as reference (using available history)
starting point. You don't have to wait until things "settle down."
-Allows simulated trades, so you can see what would have happened, at the click of one button.
-Logging window will show trading events and even more important will log when anchor positions change.
In this realtime test, I saw that positive numbers were creeping into the green bottom seven currency pairs, which tells me there may be a small bounce. I took the buy on all 14 pairs. I've got a 139 pip gain in just a short period of time.
My biggest challenge is going to allow you to "replay" a specific timeframe to analyze this strategy bar-by-bar, on your own time. And allow you to make simulated trades, or "practice."
Carl
Hi Julius,
When I install 2ProtectAccount in my Broco MT4 Experts folder, then drag it onto one chart...I get a platform crash and an error message:
There has been a critical error
Time : 2008.09.30 12:38
Program : Client Terminal
Version : 4.00 (build: 217, 02 Jul 2008) <<< TRY UPDATING THIS TO BUILD 218
PS: if you read, a couple of pages ago some similar problem was fixed with this update
George
i never did sleep last night, and i worked today, before i sleep id like to give a update
i suggest you just ignore the sig, and usethe 14 pairs as a indicator
iv basically put everything in 1 place
the equity trails
if at any time, profit drops below target, all is closed
the ea will start out with a target of -10% of the account balance
that means theres a 10% stop loss, il make all of this optional later
when you reach 1% profit, the target will change to 0.5
when you reach 2%, the target will change to 1%
when you reach 3%, the target will change to 2%
when you reach 4%, the target will change to 3%
ect...ect...
in the pic below, i locked in 3%
the target might be to tight, wel optimize that when i know whats best
i have been getting stopped out at 2-3% mostly
but on a day like today iv banked about 20% i think
heres a screen shot
Attachment
default settings, the ea virtually opened the hedge on last weeks candle close
this gives a fresh start every week
the time frame and bars back is customisable
by setting this to false update_start= true; the start time will never update, unless the ea is reset
the symbol names are changeable in the ea properties
if you change them in editor, itl be permanat
under each symbol is a price field
if you input a price, that price will be used for the start, instead of the bars
the default symbols are the ibfx mini set
by removing the "m" you can use standard, or other brokers
heres what the properties look like
look_back= 1;
tf=10080;
update_start= true;
long_basket1= "GBPUSDm";
price1= 0;
long_basket2= "EURGBPm";
price2= 0;
long_basket3= "GBPJPYm";
price3= 0;
long_basket4= "USDCHFm";
price4= 0;
long_basket5= "NZDUSDm";
price5= 0;
ong_basket6= "AUDJPYm";
price6= 0;
long_basket7= "EURJPYm";
price7= 0;
youl notice 3 objects on the chart
open_longs
open_shorts
close
if you double click the object and select it, them move it atleast 1 pixel or more
on the next tick, the object will initiate, then snap back to its original location
these objects are like scripts
scrips have 1 advantage, no need to wait for a tick
open_longs opens 14 longs, if any longs already exist, they wont open
your only allowed 1 trade per pair
a short counts as a trade
open_shorts same
close will close all trades
by default the ea is set to only trail with equity
it will not open trades on its own
can_trade= false;
can_exit= true;
the opening of trade right now is just, whichever trend is strongest
so if theres 5 sells in profit, and 4 buys, the ea will say, signal=sell
i did test a few ways, say if theres 7 sells in profit, signal = sell
but i cant test 14 pairs in tester
im realy waiting on trader 101 to make me some code that says when to trade
as in his ea
thats it for now
oh there is money management, to disable it, just set risk to 0, and lots will be used
Hope it helps, and that you read the thread b4 asking questions that might be answered a couple of pages back... NO FREE LUNCHES
