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My own developed benkyalate system

  • #1,141
  • Nov 21, 2008 8:02pm Nov 21, 2008 8:02pm
Quoting shinny
Sounds good. I am having trouble with the EA settings. Could anyone help me out please?

Cheers
Hi, here i explain what is the setting for.
extern int Magic = 772177; //recognize EA trade
extern double TakeProfit = 150; //the profit of the last opening //order,when reach the profit,all order will close
extern double Lots = 0.01;//lots for 1st order if //moneymanagement false
extern double InitialStop = 1000;//the stoploss for last order,when /reach,all order will close
extern double TrailingStop = 100;
extern int MaxTrades = 3;//maximum order that want to open
extern double Multiplier = 2;//if 2,1st=0.1,2nd=0.2,3rd=0.4...
extern int Pips = 100;//pips range to open next order
extern int OrderstoProtect = 6;//the open orders to protect account
extern bool Money_management = True;
extern int AccountType = 0; //0: Standard //account(NorthFinance,MiG,Alpari) 1: Normal account(FXLQ,FXDD) //2:InterbankFX's NANO Account
extern double risk = 1;//risk of mm
extern bool ReverseSignal = false;//inverse OP

extern bool UseTimeFilter=false;//if true,the EA will only open order with //selected period
extern int StopTrade = 18;
extern int StartTrade = 19;

extern int COG_Period = 0; //tf for indicator,0=current //tf,1=M1,5=M5,15=M15....
extern int bars_back1 = 120; //top dotted line value
extern int m_cog1 = 4;
extern int i_cog1 = 0;
extern double kstd1 = 2.4;
extern int sName1 = 720;


extern int bars_back2 = 120; //top solid line value
extern int m_cog2 = 4;
extern int i_cog2 = 0;
extern double kstd2 = 3.4;
extern int sName2 = 720;


extern int bars_back3 = 120; //bottom dotted line value
extern int m_cog3 = 4;
extern int i_cog3 = 0;
extern double kstd3 = 2.4;
extern int sName3 = 720;


extern int bars_back4 = 120; //bottom solid line value
extern int m_cog4 = 4;
extern int i_cog4 = 0;
extern double kstd4 = 3.4;
extern int sName4 = 720;

extern int CAN_Period =0;//candle setting
extern int Length=3;
extern int H_period=3;
extern int L_period=3;
extern int C_period=3;

extern int CCI_Period=0;
extern int CCI_lenght= 20;
extern int RSI_Period=0;
extern int RSI= 14;

extern int MACD_Period=0;
Beginner of MQL programming
  • #1,142
  • Nov 21, 2008 8:04pm Nov 21, 2008 8:04pm
Quoting dimitrius
I've managed to figure out how to install the EA and start it, but I thought that an EA automatically generates buy and sell orders. If thats so, then mine isnt doing that for some reason.

qz10, can you please tell me how you got the EA to work, and which template we need to use it on? I tried to use it on the obama template on 1 minute charts. Which timeframe did you use?

many thanks.
Dimitrius.
Please check the journal and see what is the error you have.
Yast77
Beginner of MQL programming
  • #1,143
  • Nov 21, 2008 9:12pm Nov 21, 2008 9:12pm
Quoting yast77
Please check the journal and see what is the error you have.
Yast77
Yast, I've looked in my journal, but I don't see any error messages.

I tried your EA on the Obama template. Maybe that was the problem? I will try it again on Monday on the original Oan template, as you say.

Does the EA work on the 4 hour time frame? Or can it be used on any timeframe?

Thanks for your help Yast.

Dimitrius.
  • #1,144
  • Nov 21, 2008 10:56pm Nov 21, 2008 10:56pm
Hi, I don't see a valid sell signal there, the candle average was still at the lower half when price took the solid blue line. You need it at +0.81 for a short to be executed.
Quoting Moe2008
Dear Oan

Attached some photo's , you can see they hit the blue think line (1HR) and went more and higher about 60-70 pips , if some one took sell he lost and could have S/L on and out of the trade .
Any comment from you or any one else ?

Beside i asked before about the Center of gravity setting , Obama works with me with one broker and jamp with the others, i want to build it up the template again without the timer ...
Regards
Attached Image (click to enlarge)
Click to Enlarge Name: 89.gif Size: 29 KB
  • #1,145
  • Edited 3:36am Nov 22, 2008 1:24am | Edited 3:36am
Quoting dimitrius
Yast, I've looked in my journal, but I don't see any error messages.

I tried your EA on the Obama template. Maybe that was the problem? I will try it again on Monday on the original Oan template, as you say.

Does the EA work on the 4 hour time frame? Or can it be used on any timeframe?

Thanks for your help Yast.

Dimitrius.
I don't have it attached to any template. I just loaded the EA and just let it run. Just in the last few days I loaded up the center of gravity and candle average indicators because I can't seem to get the EA to take buy trades. This week will try to manually take the up moves and see if the ea will handle them. I have it on the 1hr tf. I think I manually closed this last trade because it was the end of trading for the week. Yast this ea is suppose to take the buy orders also?

So I made 4200 in 5 actual trading days with an ea thats only taking the sell trades and only one pair. To good to be true, I have to test some more, I will say this es and thread has caught my eye.

I Just checked weekly chart on eur/jpy and nothing out of the ordinary except it moved sideways and didn't have as much high to low as usual.

Yast is your ea set up to only take the trades that are going in the same direction as the center of gravity, or with the long term trend? If not then thats not a bad idea. Some place in this thread it says to only trade in the direction of the center of gravity and other post say eather way as long as it hits the outsides lines and the candles are right. Thanks Oan for everything....
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 39 KB
  • #1,146
  • Nov 22, 2008 1:41am Nov 22, 2008 1:41am
Hi qz10cq

Is the EA posted anywhere on this link. If so where or what is it called?

Tanks

Jeremy
Things you should know.
  • #1,147
  • Edited 1:59am Nov 22, 2008 1:46am | Edited 1:59am
Quoting jeremyw
Hi qz10cq

Is the EA posted anywhere on this link. If so where or what is it called?

Tanks

Jeremy
Hi J, the paperclip box at the top of any page ( next to the page numbers ) will give you all the downloads but I've included the ea here because I don't think Yast77 will mind.
Attached File(s)
File Type: mq4 benkyalate(Major).mq4   15 KB | 812 downloads
  • #1,148
  • Nov 22, 2008 3:18am Nov 22, 2008 3:18am
still trading the 1min here last few trades have been the following

$74+$70+$80+$180+$100+$210+$160+$190

Quite a nice run seems to be holding up very well

Paulus
  • #1,149
  • Nov 22, 2008 3:35am Nov 22, 2008 3:35am
Hi paulus,what Tpl (or system) and what cros are you use ?
  • #1,150
  • Nov 22, 2008 3:37am Nov 22, 2008 3:37am
Quoting yast77
Hi, here i explain what is the setting for.
extern int Magic = 772177; //recognize EA trade
extern double TakeProfit = 150; //the profit of the last opening //order,when reach the profit,all order will close
extern double Lots = 0.01;//lots for 1st order if //moneymanagement false
extern double InitialStop = 1000;//the stoploss for last order,when /reach,all order will close
extern double TrailingStop = 100;
extern int MaxTrades = 3;//maximum order that want to open
extern double Multiplier = 2;//if 2,1st=0.1,2nd=0.2,3rd=0.4...
extern int Pips =...
thanks for that. i backtested the ea, and the results were great, with 90% modelling quality. i will forward test it next week, and let you know how i get on.

one question, with the account protection on and say i put 6 in there, and the risk at 1%, the most the ea will risk is 1% on each of the six trades right?

Many Thanks, great thread and great ea!!

cheers
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #1,151
  • Nov 22, 2008 3:59am Nov 22, 2008 3:59am
Quoting Paulus
still trading the 1min here last few trades have been the following

$74+$70+$80+$180+$100+$210+$160+$190

Quite a nice run seems to be holding up very well

Paulus
Paulus nice run, what lot size and are you using a martingale approach? What are your triggers to enter? What pair or pairs are u trading.
  • #1,152
  • Nov 22, 2008 9:11am Nov 22, 2008 9:11am
Hi

I use EURUSD I go to a max of 2 contracts...

For a short my 1st trigger is the red dashed line... short one contract

The 2nd contract is shorted at the solid red line all this is done 10 secs to end of candle

A few things must also happen My stoch should be green indicating over sold and the average bars should read +0.81 or above,this need not happen on the 2nd contract as long as I touch the red line and my stoch is over sold

My TP is the middle blue COG line

The chart should explain it all and have inc my template,and colour stoch

Paulus
Attached Image (click to enlarge)
Click to Enlarge Name: set up.jpg Size: 181 KB
Attached File(s)
File Type: tpl my oan.tpl   8 KB | 1,029 downloads
File Type: mq4 StochasticColor.mq4   5 KB | 1,087 downloads
  • #1,153
  • Nov 22, 2008 9:15am Nov 22, 2008 9:15am
Quoting Paulus
Hi

I use EURUSD I go to a max of 2 contracts...

For a short my 1st trigger is the red dashed line... short one contract

The 2nd contract is shorted at the solid red line all this is done 10 secs to end of candle

A few things must also happen My stoch should be green indicating over sold and the average bars should read +0.81 or above,this need not happen on the 2nd contract as long as I touch the red line and my stoch is over sold

My TP is the middle blue COG line

The chart should explain it all and have inc my template,and colour stoch...
What times do you trade?
  • #1,154
  • Nov 22, 2008 9:32am Nov 22, 2008 9:32am
I find the best times are 1st 3 hrs of London open and 1st 3 hrs of US open but quite honestly any time is suitable in low volatility times signals may just be fewer and far in between

Paulus
  • #1,155
  • Nov 22, 2008 10:16am Nov 22, 2008 10:16am
Quoting Paulus
Hi

I use EURUSD I go to a max of 2 contracts...

For a short my 1st trigger is the red dashed line... short one contract

The 2nd contract is shorted at the solid red line all this is done 10 secs to end of candle

A few things must also happen My stoch should be green indicating over sold and the average bars should read +0.81 or above,this need not happen on the 2nd contract as long as I touch the red line and my stoch is over sold

My TP is the middle blue COG line

The chart should explain it all and have inc my template,and colour stoch...
Thanks for the templates. Your trading 1.0 as a lot size?
  • #1,156
  • Nov 22, 2008 10:25am Nov 22, 2008 10:25am
Quoting dimitrius
Yast, I've looked in my journal, but I don't see any error messages.

I tried your EA on the Obama template. Maybe that was the problem? I will try it again on Monday on the original Oan template, as you say.

Does the EA work on the 4 hour time frame? Or can it be used on any timeframe?

Thanks for your help Yast.

Dimitrius.
Actually the EA is based on Oan template condition, so it is not relate to what template you are using, but if this one
extern int COG_Period = 0; //tf for indicator,0=current //tf,1=M1,5=M5,15=M15....
default is 0, mean depend on what chart you are attached, for example, you wish to see the chart with tf15, but you want the EA trade on H4 condition, so the COG_Period you should changed to 240. Hope this help...
Beginner of MQL programming
  • #1,157
  • Nov 22, 2008 10:29am Nov 22, 2008 10:29am
yes qz thats right

$10 per pip

Paulus
  • #1,158
  • Nov 22, 2008 10:33am Nov 22, 2008 10:33am
Quoting qz10cq
I don't have it attached to any template. I just loaded the EA and just let it run. Just in the last few days I loaded up the center of gravity and candle average indicators because I can't seem to get the EA to take buy trades. This week will try to manually take the up moves and see if the ea will handle them. I have it on the 1hr tf. I think I manually closed this last trade because it was the end of trading for the week. Yast this ea is suppose to take the buy orders also?

So I made 4200 in 5 actual trading days with an ea thats only taking...
Hi, the EA should can open buy position, may be when it touch the bottom line, the other indicator not agree the condition, so it end up less than 6 point, and OP failed. Just my assumption, because i had visual backtested, and the EA got open buy and sell as well. Hope this help...However, since this system is counter trend, so must be careful when a strong trend is occurred, just IMHO. Hope this helps...
Beginner of MQL programming
  • #1,159
  • Nov 22, 2008 10:38am Nov 22, 2008 10:38am
Quoting shinny
thanks for that. i backtested the ea, and the results were great, with 90% modelling quality. i will forward test it next week, and let you know how i get on.

one question, with the account protection on and say i put 6 in there, and the risk at 1%, the most the ea will risk is 1% on each of the six trades right?

Many Thanks, great thread and great ea!!

cheers
Hi, just want to remind that you should set your own stoploss, just change the setting of initialstoploss, all the trade stoploss is initialstoploss + pip for last order. Hope this helps...
Beginner of MQL programming
  • #1,160
  • Nov 22, 2008 11:08am Nov 22, 2008 11:08am
Quoting yast77
Hi, the EA should can open buy position, may be when it touch the bottom line, the other indicator not agree the condition, so it end up less than 6 point, and OP failed. Just my assumption, because i had visual backtested, and the EA got open buy and sell as well. Hope this help...However, since this system is counter trend, so must be careful when a strong trend is occurred, just IMHO. Hope this helps...

Yast you help all the time, thanks. Eur/jpy had a sideways market last week which is probably why I made 4200. Most of the time the markets are going sideways so this should win on average. I used your EA without changing anything, just attached it to the chart and let it run. Had alot of dd (300-500) but it always came back for a profit. Will play with your settings on inital stop and take profit. Makes sence about the 6 points for the buy. Will continue to test and update all.
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