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

  • #201
  • Feb 4, 2009 10:07am Feb 4, 2009 10:07am
Samurai, you need to tell me exactly what dou you want to be coded
as the trend detection.....what TF, what ema....etc.....
forexflash
  • #202
  • Feb 4, 2009 10:19am Feb 4, 2009 10:19am
Quoting PistolDave
I'm forward testing the Firebird_autotrend_EMA(m5)v2 right now.

It does not seem to place trades with any regard to the 200 moving average.

In other words, it places sell orders when price is rising and above the 200 ma, and will buy when the price is below the ma.

Even when you change the "Direction" number to 1 or 2 it still places short or long orders regardless of that number. It seems to be ignoring the 200 ma.

Anyone else notice this?
yes i tried it on back test and it seems still need optimization. Im still sticking with manual driving the EA but off for today becouse the price is in balance beetween long and short, need to see the price action tomorrow.Going to jump to the street again and drive the EA when the trend is clear.

Regards,
Samurai Power
  • #203
  • Feb 4, 2009 10:37am Feb 4, 2009 10:37am
Quoting FOREXflash
Samurai, you need to tell me exactly what dou you want to be coded
as the trend detection.....what TF, what ema....etc.....
Hi FOREXflash,

Yes, actually I got this idea from pistoldave on post 177, by looking at his chart using only one moving average with this setting...

SMA period : 1
Shift : 1
Median Price (HL/2)
On the daily chart

...will help improove the EA to recognize the trend reversal. I think fredella is working on it too. Thank U so much FOREXflash.

Regards,
Samurai Power
  • #204
  • Feb 4, 2009 10:41am Feb 4, 2009 10:41am
Even the semi automatic version is working fine.
Thx Samurai.
  • #205
  • Feb 4, 2009 11:59am Feb 4, 2009 11:59am
Quoting SamuraiPower
Hi FOREXflash,

Yes, actually I got this idea from pistoldave on post 177, by looking at his chart using only one moving average with this setting...

SMA period : 1
Shift : 1
Median Price (HL/2)
On the daily chart

...will help improove the EA to recognize the trend reversal. I think fredella is working on it too. Thank U so much FOREXflash.

Regards,
Samurai Power
There you go.......
And I excluded the magic number cos ea automaticaly gives different
magic to diff symbols!!!

Regards
Attached File(s)
File Type: mq4 Firebird_auto trend_(SMAperiod 1_Shift1_Median_Daily TF).mq4   21 KB | 1,042 downloads
forexflash
  • #206
  • Feb 4, 2009 12:22pm Feb 4, 2009 12:22pm
Forexflash, does it matter what time frame you use this on? Thanks.
Quoting FOREXflash
There you go.......
And I excluded the magic number cos ea automaticaly gives different
magic to diff symbols!!!

Regards
  • #207
  • Feb 4, 2009 1:54pm Feb 4, 2009 1:54pm
Quoting iopoipoi
Hi PistolDave,

what about the FE version you stated to use before?

thanks
I had some settings wrong in that one, so I had to start over again with it on another platform.

I'm running it now and also the Firebird_autotrend_EMA(m5)v2. This v2 seems to be working right, but like I said earlier, I don't have any way to control whether it opens a long or short trade.

I'll let you know how they work out.

PD
  • #208
  • Feb 4, 2009 2:14pm Feb 4, 2009 2:14pm
There is no problem with the ea execution......
EA consist of 2 trading parts, first is to take a trade in the direction of the
daily trend, and the second is to take a few trades acordingly to the ea rules, and that means that you can have one buy, and few sells one after
another no matter what the daily trend is........
regarding the timeframes, use ea on 5min TF, cos ea is intended for that!
forexflash
  • #209
  • Feb 4, 2009 3:08pm Feb 4, 2009 3:08pm
Quoting FOREXflash
There is no problem with the ea execution......
EA consist of 2 trading parts, first is to take a trade in the direction of the
daily trend, and the second is to take a few trades acordingly to the ea rules, and that means that you can have one buy, and few sells one after
another no matter what the daily trend is........
regarding the timeframes, use ea on 5min TF, cos ea is intended for that!
Can you code in a break even function?

It would be good to adjust stop loss to break even + X amount of pips after say 25 pips in profit.
  • #210
  • Feb 4, 2009 3:41pm Feb 4, 2009 3:41pm
Firstly: thanks to ForexFlash for your work here and others you know who you are.
Secondly: As for all systems we need to have some sort of enter and exit. Its not wise just start EA in the middle of downtrend, retrace can happen any day, and can go over 300pips up.
I put simply CCI (14) on daily chart with zero line, -100 and +100 lines. Now,
for entry (start) could be also used cci crossing zero line with high angle.
For safe exit: or to give EA a day off (pause), we could use cci hitting -100 line from opposite direction than trend (if downtrend). See Picture...
And maybe turn EA on again, when cci breaks -100 line and goes down again.

In backtesting, this looks like safe exit enough. Will do forward test to see how it goes.
Attached Image (click to enlarge)
Click to Enlarge Name: ccishit.gif Size: 38 KB
  • #211
  • Feb 4, 2009 6:00pm Feb 4, 2009 6:00pm
Ran FE version all day today on a 5 decimal broker and it never opened a trade. I don't know why.

The EMA(m5)v2 version continues to perform the same as usual, opening longs and shorts with no regard to the 200 ma. It has the same undesirable problems as these "grid" type EAs, in that they will leave lots of unrealized drawdown while they make realized profit. Then some day you have to close all the open positions and there goes your profit.

I'm through testing it. I've seen enough. I wish you the best of luck with it.

PistolDave
  • #212
  • Feb 4, 2009 9:11pm Feb 4, 2009 9:11pm
Quoting FOREXflash
There is no problem with the ea execution......
EA consist of 2 trading parts, first is to take a trade in the direction of the
daily trend, and the second is to take a few trades acordingly to the ea rules, and that means that you can have one buy, and few sells one after
another no matter what the daily trend is........
regarding the timeframes, use ea on 5min TF, cos ea is intended for that!
I might be misunderstanding things here but according to Samurais original approach to the use of this EA would require that EA takes only trades in the direction of the trend. So it seems that if EA makes any trades counter trend then its probably wrong according to his strategy. I think we need to override any counter trend trades and have trades taken only and only in the direction of the trend but still according to EA logic.
  • #213
  • Feb 4, 2009 9:23pm Feb 4, 2009 9:23pm
Quoting FOREXflash
My intention was to help you guys with the daily trend detection, cos originator
of the thread said that you need to look at the daily trend and then
accordingly to that, set the ea manualy to do the short or long trades,
and that is all I did.......
I didnt looked to much at the code, cos I realy dont have interest
in this ea, but Im willing to help. Im at work now, so some time later, ill
go through code, check for errors...etc. I must admit that I didnt even test it
before posting the revised code here!

Samuraipower, if you want to code something...
FOREXflash,

I have an idea and anyone else could and should comment on it. How about coding the EA to go long or short based on the direction of the arrows from the template on the daily chart? I remember someone saying the arrows repaint, and I think that's ok because this will just give us a general idea when the trend is turning. Is creating an EA to do what I am talking about possible?

If it is possible, I think the EA needs to close all open positions for that pair when the direction changes. So if we're currently in "long mode" and we have 2 open trades, when we see a pink down arrow, the 2 open long trades need to be closed and the EA on the 5 min chart needs to be in "short mode." Does this make sense? And is it possible?

All feedback is welcome.
rptrader
  • #214
  • Feb 5, 2009 2:46am Feb 5, 2009 2:46am
Hi friends and Forexflash

I agree with pistoldave, my results so far with the EMA(m5)v2 version have bought and sold regardless of the 200 EMA.

On a positive note I have had no losses with this version on my demo as yet, since the 2/2.

I will continue to demo and relay my results to this thread.

So far, so good fflash http://www.forexfactory.com/images/icons/icon10.gif
What you do is a reflection of you....what I do is a reflection of me.
  • #215
  • Feb 5, 2009 3:30am Feb 5, 2009 3:30am
Hi Ezzy, but did you change something in v2?

I am trying the last version with the EMA,
it opened one osition last night in LONG

we will se how it goes..




Quoting Ezzy
Hi friends and Forexflash

I agree with pistoldave, my results so far with the EMA(m5)v2 version have bought and sold regardless of the 200 EMA.

On a positive note I have had no losses with this version on my demo as yet, since the 2/2.

I will continue to demo and relay my results to this thread.

So far, so good fflash http://www.forexfactory.com/images/icons/icon10.gif
  • #216
  • Feb 5, 2009 3:42am Feb 5, 2009 3:42am
Another strategy for London traders with the basic semiautomatic EA by Samurai is to consider the daily pivot of the pair before London open.
If the price is under daily pivot --> long only.
If the price is above daily pivot --> short only.
This morning, it was good for EU , GU and EY.
  • #217
  • Feb 5, 2009 4:09am Feb 5, 2009 4:09am
Quoting iopoipoi
Hi Ezzy, but did you change something in v2?

I am trying the last version with the EMA,
it opened one osition last night in LONG

we will se how it goes..
Hi iopoipoi

I have not changed anything on that version, settings are standard. Since the 2/2, it has opened and closed a number of trades, all closed trades have been profitable, two of them have been buys so far.

To be honest, I quite like it. I will continue to demo it for a few more weeks, if it continues to give me these kind of results, I may try it live on mini lots .01
What you do is a reflection of you....what I do is a reflection of me.
  • #218
  • Feb 5, 2009 4:44am Feb 5, 2009 4:44am
thanks Ezzy, very cool

but excuse me, which pairs are u using?

I am testing all the versions, but with different results..


Quoting Ezzy
Hi iopoipoi

I have not changed anything on that version, settings are standard. Since the 2/2, it has opened and closed a number of trades, all closed trades have been profitable, two of them have been buys so far.

To be honest, I quite like it. I will continue to demo it for a few more weeks, if it continues to give me these kind of results, I may try it live on mini lots .01
  • #219
  • Edited 7:07am Feb 5, 2009 4:57am | Edited 7:07am
Quoting iopoipoi
thanks Ezzy, very cool

but excuse me, which pairs are u using?

I am testing all the versions, but with different results..
iopiopio

No problems mate, I am happy to share my results

I am using the following;

gpb/usd = 4 profitable trades (50 pips each) = 200 pips
aud/usd = 4 profitable trades (50 pips each) = 200 pips
eur/usd = 3 profitable trades (50 pips each) = 150 pips
usd/chf = 3 profitable trades (50 pips each) = 150 pips

Total = 1000 pips in 4 days. ( all on demo of course).

sorry, thats a total of 700 pips not 1000.
What you do is a reflection of you....what I do is a reflection of me.
  • #220
  • Feb 5, 2009 6:37am Feb 5, 2009 6:37am
wow!!


to good to be true ezzy!!

very thanks

I have to make it work




Quoting Ezzy
iopiopio

No problems mate, I am happy to share my results

I am using the following;

gpb/usd = 4 profitable trades (50 pips each) = 200 pips
aud/usd = 4 profitable trades (50 pips each) = 200 pips
eur/usd = 3 profitable trades (50 pips each) = 150 pips
usd/chf = 3 profitable trades (50 pips each) = 150 pips

Total = 1000 pips in 4 days. ( all on demo of course).
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