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Attachments: Semi automatic EA (Driven Version)
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Semi automatic EA (Driven Version)

  • #41
  • Jan 31, 2009 5:41am Jan 31, 2009 5:41am
Quoting Wailer
Sorry Samurai,
but I think you don't understand me I mean the TF not the TP.
Regards
Wailer
Wailer, you don't need to change that...Keep it 15, it still works fine on 5m chart.

Cheers
  • #42
  • Jan 31, 2009 7:24am Jan 31, 2009 7:24am
Quoting Wailer
Sorry Samurai,

but I think you don't understand me I mean the TF not the TP.


Regards
Wailer
Oow ok I got your point now, just like what gasgas say that u dont need to change anything on that section, except SL,TP and pipstep. Btw thx for helping me gasgas.

Regards,
Samurai Power
  • #43
  • Jan 31, 2009 7:46am Jan 31, 2009 7:46am
So, what happens if we don't act right away, and don't shut down EA in time!!
And we shut down at third candle other color. Well, we still kept half of gains, in this case around 1300 pips.
And that is still very nice, for me anything more than break-even is good.


P.s. No problem Samurai, glad so I can help I bit, and still need to learn much much.


Cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chartea.gif Size: 20 KB
Click to Enlarge Name: TesterGraph.gif Size: 11 KB
  • #44
  • Jan 31, 2009 8:48am Jan 31, 2009 8:48am
First of all, thank you SamuraiPower for sharing your trading technique
for this EA. I figure if you can read a daily chart, you can make a ton
of money by "driving" this EA to financial freedom. I've got all the components
loaded, so I'm ready to rock this Sunday.

Rob
  • #45
  • Jan 31, 2009 9:51am Jan 31, 2009 9:51am
Quoting samer960
hi samurai again
do u need the arrow under the candle and above 21 and white to consider to open the EA on long only .
do these 3 conditions have to be met to consider taking only long ??
thanks
yes i consider that a perfect condition, and definately will loaded the EA with heavily armed.

Regards,
Samurai Power
  • #46
  • Jan 31, 2009 9:58am Jan 31, 2009 9:58am
Quoting samer960
hi samurai again
do u need the arrow under the candle and above 21 and white to consider to open the EA on long only .
do these 3 conditions have to be met to consider taking only long ??
thanks
Sorry, what does above 21 mean? Also, do you wait for the white candle to close before going long?
  • #47
  • Jan 31, 2009 10:20am Jan 31, 2009 10:20am
Quoting samer960
hi
so u know from now where to put the EA on Monday , u will have it on long only right ?
thanks
yes according to my indis the trend is still long, but im affraid this up move is running out of gas next week, so have to becareful, need to read news to give a little insight of the direction next week.

Regards,
Samurai Power
  • #48
  • Jan 31, 2009 10:23am Jan 31, 2009 10:23am
I coded a version with auto trend from EMA, so you dont need
to keep a eye on daily chart for the trend......ea will not trade
buy if price is below ema, and will not sell if price is above ema!!!

You just need to input desired ema period in the first variable I added:

extern int MainTrendPeriod = 200; \ ma period

Regards
Attached File(s)
File Type: mq4 Firebird_auto trend_EMA.mq4   26 KB | 1,657 downloads
forexflash
  • #49
  • Jan 31, 2009 10:27am Jan 31, 2009 10:27am
Quoting gasgas
So, what happens if we don't act right away, and don't shut down EA in time!!
And we shut down at third candle other color. Well, we still kept half of gains, in this case around 1300 pips.
And that is still very nice, for me anything more than break-even is good.

P.s. No problem Samurai, glad so I can help I bit, and still need to learn much much.

Cheers
yes thats happens to me also gasgas, but overall balance is still profit for few hundreed pips wich is still good for me.

Regards,
Samurai Power
  • #50
  • Jan 31, 2009 10:41am Jan 31, 2009 10:41am
Quoting ChicagoRob
First of all, thank you SamuraiPower for sharing your trading technique
for this EA. I figure if you can read a daily chart, you can make a ton
of money by "driving" this EA to financial freedom. I've got all the components
loaded, so I'm ready to rock this Sunday.

Rob
well Rob let me tell u something,overall this setting is profitable but live trading will be different compare to demo, maybe u will tend to control your chart really often, and when emotion involved thats when this setting wont be profitable anymore, make sure u demo it for a long time to overcome the non technical barrier.

Regards,
Samurai Power
  • #51
  • Jan 31, 2009 10:55am Jan 31, 2009 10:55am
Quoting bnbb2004
Sorry, what does above 21 mean? Also, do you wait for the white candle to close before going long?
21 EMA is to confirm how strong the trend is from the angle degree.
I use candle pattern as my early warning for a trend reversal, and pay attention to close the trade.

Regards,
Samurai Power
  • #52
  • Jan 31, 2009 11:09am Jan 31, 2009 11:09am
Quoting FOREXflash
I coded a version with auto trend from EMA, so you dont need
to keep a eye on daily chart for the trend......ea will not trade
buy if price is below ema, and will not sell if price is above ema!!!

You just need to input desired ema period in the first variable I added:

extern int MainTrendPeriod = 200; ma period

Regards
Will this EA continue to open positions in the same direction after the TP or SL has been hit? Or, will it hit the TP or SL and wait for the next signal to open another position? TIA!
  • #53
  • Jan 31, 2009 11:50am Jan 31, 2009 11:50am
21 is the moving average on the chart , i meant by above 21 mean , the candle closed above the 21 moving average

Quoting bnbb2004
Sorry, what does above 21 mean? Also, do you wait for the white candle to close before going long?
  • #54
  • Jan 31, 2009 11:55am Jan 31, 2009 11:55am
I know SamuraiPower has preferred pairs, but would it be a good idea
to go through 10-12 charts, to find those with the strongest trends?

Also, I was wondering if it would be advantageous to pick the best
short pair, and the best long pair, and run the two together. I just
looked at my charts with the template and found good candidates
for both.

Rob
  • #55
  • Jan 31, 2009 12:36pm Jan 31, 2009 12:36pm
I have been thinking about this for a while, but not sure I like what I am understanding....

Let's say that you trade with the trend. Okay, a good idae, but that day the pair goes against you. Let's say that it is GbpUsd and moved 400 pips against your trend trade.

Now, every 40 pips that the trade moves against you, it opens another trade with the trend. So, at the end of the day you could literally be down over 2000 pips with 3 trades stoping out at 300 Pips in loss.

Now, the next day the pair trades back with the trend, except it doesn't move against you at all and you take profit at 100 pips. That means that 1 day you lost over 2000 and the next won 100. This is a really scary thought for me.

I will put it on a demo account, because I am not sure if I am understanding the technicals right. I wil determine trend and set the EA accordingly.
"Keep your eyes on the helpers" - Mr. Rogers
  • #56
  • Jan 31, 2009 12:55pm Jan 31, 2009 12:55pm
Quoting FOREXflash
I coded a version with auto trend from EMA, so you dont need
to keep a eye on daily chart for the trend......ea will not trade
buy if price is below ema, and will not sell if price is above ema!!!

You just need to input desired ema period in the first variable I added:

extern int MainTrendPeriod = 200; ma period

Regards
Hi FOREXflash,

First of all i would really thanks for your effort. Actually I was thinking to automated this reversal thing, but i have no knowledge at all about programing, and i dont know where to ask, when I start to post this thread I know that someday a programer will try to automated this EA based on my idea, I was thinking whats the name is gonna be if its become fully automated, since that its quick and beyond my expectation Im still thinking hard now.

I really appreciate your effort, i'll try to compare it with semiautomatic and give u feedback, thanks FOREXflash.


Regards,
Samurai Power
  • #57
  • Jan 31, 2009 12:56pm Jan 31, 2009 12:56pm
Quoting ChicagoRob
I know SamuraiPower has preferred pairs, but would it be a good idea
to go through 10-12 charts, to find those with the strongest trends?

Also, I was wondering if it would be advantageous to pick the best
short pair, and the best long pair, and run the two together. I just
looked at my charts with the template and found good candidates
for both.

Rob
That's a good idea Rob! Please keep us posted on your findings! :-)

Also, you may want to use this tool to test multiple pairs. GL!

<<>>

Instructions from original post:

This "indicator" is actually an EA. The EA does not generate trades, it simply reads the closed orders from your account history.

This version allows you to enter 10 separate currency pairs to monitor. The EA will display for each selected pair the number of closed trades, profit, number of wins, win profit, number of losses, and loss profit for each separate pair. It also will display the totals for all the closed trades, closed profit, closed wins, closed win profit, closed losses, and closed loss profit.

Save this file and attach as an EA. Attach to any chart. Set the chart to a line chart, and select the color for line graph as "None".
Attached File(s)
File Type: mq4 Closed_Trade_History_v1_1.mq4   15 KB | 924 downloads
  • #58
  • Jan 31, 2009 1:05pm Jan 31, 2009 1:05pm
Quoting bnbb2004
Will this EA continue to open positions in the same direction after the TP or SL has been hit? Or, will it hit the TP or SL and wait for the next signal to open another position? TIA!
Ea works exactly like original, but the only difference is that it will
not buy if price is below ma, or sell if price is above ma!!!
forexflash
  • #59
  • Jan 31, 2009 1:06pm Jan 31, 2009 1:06pm
Quoting ChicagoRob
I know SamuraiPower has preferred pairs, but would it be a good idea
to go through 10-12 charts, to find those with the strongest trends?

Also, I was wondering if it would be advantageous to pick the best
short pair, and the best long pair, and run the two together. I just
looked at my charts with the template and found good candidates
for both.

Rob
My suggestions,
The EA will work excelent in a very clear trending pair. So for me its easy to find the most clear trending pair by visually looking at the daily chart of each pair.
Anyone of u can pick your own favourable pair.

Regards,
Samurai Power
  • #60
  • Jan 31, 2009 1:18pm Jan 31, 2009 1:18pm
Quoting damonl
I have been thinking about this for a while, but not sure I like what I am understanding....

Let's say that you trade with the trend. Okay, a good idae, but that day the pair goes against you. Let's say that it is GbpUsd and moved 400 pips against your trend trade.

Now, every 40 pips that the trade moves against you, it opens another trade with the trend. So, at the end of the day you could literally be down over 2000 pips with 3 trades stoping out at 300 Pips in loss.

Now, the next day the pair trades back with the trend, except it doesn't...
damonl I was backtesting using 350 pip SL and even if it opened up 2 or 3 positions, the total SL never went over 350 pips for those positions. I don't think it's 350 per trade.

thx,
todd
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