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Slingshot-30 Min. PA System

  • #41
  • Jan 9, 2009 4:44am Jan 9, 2009 4:44am
billbss

I guess you were talking about that autoscalper. Yes, its a piece of crap since it had also killed my demo account so fast. How did you figure out the rules of this great EA? When I was watching it, I was wondering why it was opening short positions while price kept going up. It seemed to me it was like a countertrend scalper only - not good especially if price kept forging upwards.
  • #42
  • Jan 9, 2009 5:07am Jan 9, 2009 5:07am
Quoting Jnita
none
Are you related somehow with Martin?

With "none", do you mean there are no rules for this or no reentries allowed?

Thx
  • #43
  • Jan 9, 2009 5:09am Jan 9, 2009 5:09am
Another question that comes to my mind:

How much minimum time we need to have left on the signal bar to take a signal?
  • #44
  • Jan 9, 2009 5:32am Jan 9, 2009 5:32am
Is possible for someone to post the EA please.

Many thanks
What you do is a reflection of you....what I do is a reflection of me.
  • #45
  • Jan 9, 2009 5:40am Jan 9, 2009 5:40am
Quoting Dan S
Are you related somehow with Martin?

With "none", do you mean there are no rules for this or no reentries allowed?

Thx

LOL .. no she is my daughter, and we are not related to Martin nor know him personally, we are both on his mailing list. She is here by me now and the answer is that the video did not give any rules for reentry on the same bar.

Hope this was helpful.
  • #46
  • Jan 9, 2009 5:51am Jan 9, 2009 5:51am
Quoting jmcl
LOL .. no she is my daughter, and we are not related to Martin nor know him personally, we are both on his mailing list. She is here by me now and the answer is that the video did not give any rules for reentry on the same bar.

Hope this was helpful.
It was helpfull, thanks

I hope I didnt sound like I have something against Martin.
I just try to get my head around it, and it sounded to me that Jnita might have more info than we have. And she has his url on the screenshot.
So I figured I could ask

Thanks again
  • #47
  • Jan 9, 2009 6:18am Jan 9, 2009 6:18am
Quoting Dan S
It was helpfull, thanks

I hope I didnt sound like I have something against Martin.
I just try to get my head around it, and it sounded to me that Jnita might have more info than we have. And she has his url on the screenshot.
So I figured I could ask

Thanks again
No problem.

unfortunate he does not supply his source codes and that indicator is his "oracle" indicator, which has his details hardcoded into it.

Glad to be of assistance.
  • #48
  • Edited 8:15am Jan 9, 2009 7:49am | Edited 8:15am
Here is an indicator I just put together to make it easier to see the Larger OHLC on smaller time frames.

I also included the Grid that makes the verticle lines and set the defaults at 30 minutes.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_026.jpg Size: 78 KB
Attached File(s)
File Type: mq4 #MTF High Low Close v2.mq4   6 KB | 908 downloads
File Type: mq4 Grid_v1_0.mq4   6 KB | 944 downloads
  • #49
  • Jan 9, 2009 8:05am Jan 9, 2009 8:05am
Quoting thatwasme
Here is an indicator I just put together to make it easier to see the Larger OHLC on smaller time frames.

I also included the Grid that makes the verticle lines and set the defaults at 30 minutes.
Having trouble downloading the grid. It's being read as an HTML Document Attachment and not an indicator?
  • #50
  • Jan 9, 2009 8:10am Jan 9, 2009 8:10am
It down loads fine when I just tried it. Maybe something to do with FF server temporarily

Edit:

I just re-uploaded it to be safe. It works for me to down load.
  • #51
  • Edited 8:56am Jan 9, 2009 8:36am | Edited 8:56am
I just added the ability to turn the Price labels off if you want to.

And because people will ask for it. version 4 has alerts when price drops below previous 30 min low or climbs above previous 30 minute high.
Attached File(s)
File Type: mq4 #MTF High Low Close v3.mq4   6 KB | 696 downloads
File Type: mq4 #MTF High Low Close v4.mq4   7 KB | 998 downloads
  • #52
  • Jan 9, 2009 8:53am Jan 9, 2009 8:53am
Quoting thatwasme
It down loads fine when I just tried it. Maybe something to do with FF server temporarily

Edit:

I just re-uploaded it to be safe. It works for me to down load.
Just tried again and it downloaded fine. Think it WAS trouble with FF server previously! Thanx again!
  • #53
  • Jan 9, 2009 9:06am Jan 9, 2009 9:06am
Here is an EA for this system. I am not a professional coder by all means, with that said please test and let me know what you think. The EA will give you some errors in the journal, but that is a small bug I need to fix. From my understanding of the strat. the EA follows the strat.

TimeFreedom
Attached File(s)
File Type: mq4 [ea]_Slingshot_vbeta01.mq4   30 KB | 825 downloads
  • #54
  • Jan 9, 2009 9:46am Jan 9, 2009 9:46am
Quoting TimeFreedom
Here is an EA for this system. I am not a professional coder by all means, with that said please test and let me know what you think. The EA will give you some errors in the journal, but that is a small bug I need to fix. From my understanding of the strat. the EA follows the strat.

TimeFreedom
Thank you.
A little feedback-
On the 1530 GMT bar, your EA opened a pending order only for USD/JPY.
It should have opened one for all 4 pairs.
Thanks again.
  • #55
  • Jan 9, 2009 10:04am Jan 9, 2009 10:04am
Nice run. I will do some serious backtesting this weekend on this.
Attached Image (click to enlarge)
Click to Enlarge Name: sling gu.gif Size: 27 KB
  • #56
  • Jan 9, 2009 10:07am Jan 9, 2009 10:07am
Quoting thatwasme
Nice run. I will do some serious backtesting this weekend on this.
I had two winners and a small loser on that last bar.
Have a winner working on this bar, but it's early.
  • #57
  • Jan 9, 2009 10:16am Jan 9, 2009 10:16am
I guess I'm mssing something. How do you have more than one trade on a bar when the exit is the close of the bar?

Can you post a chart of your trades, Billbss?

Quoting billbss
I had two winners and a small loser on that last bar.
Have a winner working on this bar, but it's early.
  • #58
  • Jan 9, 2009 10:18am Jan 9, 2009 10:18am
thatwasme,

did u look at the video ??
coz the setup is wrong if u look at the last bar it was an up bar...
so u should have waited untill it broke the high and then wait for it to
go back to the close of that last bar and then take a sell trade
u did the opposite....

just my thought
  • #59
  • Jan 9, 2009 10:25am Jan 9, 2009 10:25am
thatwasme,

sorry 4 that post....
just looked at the video again and you are right
sorry 4 that
  • #60
  • Jan 9, 2009 10:32am Jan 9, 2009 10:32am
Yes I have watched the video 5 times now and downloaded it as well.

at 6:11 into the part1 he states that the open needs to be near the previous close and the low needs to be penetrated, but he does not say anything about the need for a previous up or down bar. only the trigger is 1 pip above the close of the previous bar and the SL is below the entry low.
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