And if you implement VSA also, whoa!
Ron
Thanks for 2nd-ing the motion...or are you the 4th now?
- Bowen (a.k.a. Wolf)
Slingshot 30M & 1H - The 2nd Coming......
- #1,242
- Mar 10, 2009 11:57pm Mar 10, 2009 11:57pm
I am not sure the vsa method would work with this method. Who knows I maybe incorrect but the VSA method by itself is like finding a lepricon's gold at the end of a rainbow!
Regards,
Jeff
Regards,
Jeff
I tried to convince them earlier Ron, but they didn't believe me.
Thanks for 2nd-ing the motion...or are you the 4th now?
- #1,247
- Mar 11, 2009 4:11pm Mar 11, 2009 4:11pm
Hi Ron,
The automatic gmt offset was a contribution by sayembara. It works but the name of the broker in the ea has to be exact as you see it in the comment section of the screen. sayembara wasn't sure about all the correct spellings for the brokers......I know it was not correct for ForexMeta and showed '0' as well until I got the exact name/spelling correct and then it worked fine. You can just set it manually in the mean time (like in the earlier versions) and it works fine. I'll be happy to correct the spelling, add "inc" or whatever the correct name is in the next version if you let me know.
Gary
The automatic gmt offset was a contribution by sayembara. It works but the name of the broker in the ea has to be exact as you see it in the comment section of the screen. sayembara wasn't sure about all the correct spellings for the brokers......I know it was not correct for ForexMeta and showed '0' as well until I got the exact name/spelling correct and then it worked fine. You can just set it manually in the mean time (like in the earlier versions) and it works fine. I'll be happy to correct the spelling, add "inc" or whatever the correct name is in the next version if you let me know.
Gary
Gary, when we keep default for offset recognition (me at FXDD), the test read-out on the upper left chart does not reflect that (it says "GMT+0").
Is it however correct? Or should I manually add +2? (did FXDD stay +2 or go to +3 last Sunday)?!
*So* pleased you all are staying with this. And if you implement VSA also, whoa!
Ron
- #1,248
- Mar 11, 2009 4:14pm Mar 11, 2009 4:14pm
Thanks Jeff!
Hello everyone,
If anyone wants to use a trade management ea. This link has the best one anywhere. http://www.forexfactory.com/showpost...99&postcount=1
Regards,
Jeff
- #1,249
- Mar 11, 2009 4:44pm Mar 11, 2009 4:44pm
Thanks sng!
I'll have a look at see what we can do......always open to helpful suggestions.
Gary
I'll have a look at see what we can do......always open to helpful suggestions.
Gary
Hi Gary, Damon, Jeff, Black Wolf, and Everyone Else that has taken interest in the Sling Shot!
If it is possible to write up the EA for the use of this indicator that was given to us by "ThatWasMe" then it should be a big help in having a very serious EA indeed.
I apologize in advance if I have perhaps intermingled too much into the benefits of the VSA thread.
Damon, I definitely do not wish to detract from all of your awesome work that you have done here, so I especially know that this is perhaps touch-n-go as this is YOUR THREAD.
This...
- #1,251
- Mar 11, 2009 9:36pm Mar 11, 2009 9:36pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Today I had two trades trigger.
The first one gave me +27 pips and the 2nd trade gave me -24 pips. A net gain for the day.
Here is where I am at.
Tonight I will only test the new slope direction line. If that is working fine my plan is to open up a seperate demo account for only trading the slope direction on all M30 and H1 TF, and hopefully do some optimization with Gary. When I give it it's own account, I will also be testing settings 8 and 13 for the line.
Will see how it goes
The first one gave me +27 pips and the 2nd trade gave me -24 pips. A net gain for the day.
Here is where I am at.
Tonight I will only test the new slope direction line. If that is working fine my plan is to open up a seperate demo account for only trading the slope direction on all M30 and H1 TF, and hopefully do some optimization with Gary. When I give it it's own account, I will also be testing settings 8 and 13 for the line.
Will see how it goes
"Keep your eyes on the helpers" - Mr. Rogers
- #1,253
- Mar 12, 2009 5:05pm Mar 12, 2009 5:05pm
Hi All -
Today's results were good.....please see charts below.
The ma filter produced 5 trades with 4 winners and a net +47 pips! However, the 4th trade shouldn't have been taken, so I'll have to figure that one out.
The slope(hma) filter produced 1 trade for a + 18 pips! Another
The ma continues its high winning rate, not enough data in on the slope(hma) filter yet to tell how it will do.
Gary
Today's results were good.....please see charts below.
The ma filter produced 5 trades with 4 winners and a net +47 pips!
However, the 4th trade shouldn't have been taken, so I'll have to figure that one out.The slope(hma) filter produced 1 trade for a + 18 pips! Another
The ma continues its high winning rate, not enough data in on the slope(hma) filter yet to tell how it will do.
Gary
- #1,254
- Mar 12, 2009 5:12pm Mar 12, 2009 5:12pm
Welcome Steve!
Put the slope indie in the indicator folder and put it on your chart (ea doesn't need it on the chart but its nice to follow it allow as the ea trades).
I assume you have the smiley face in the upper right corner of your chart indicating you have all the proper settings for trading live. Use the ea defaults, except you need to set your GMT Offset value.....that will depend on your brokers sever time.....I'm sure you know about this from reading the thread. You can pick the filter you want to trade in the properties box of the ea by changing the 'false' to 'true'.......if your going to try the slope filter (its really a non repainting version of the hma), then you'll change the "TradeUsingHF" = true. That should do it!
Gary
Put the slope indie in the indicator folder and put it on your chart (ea doesn't need it on the chart but its nice to follow it allow as the ea trades).
I assume you have the smiley face in the upper right corner of your chart indicating you have all the proper settings for trading live. Use the ea defaults, except you need to set your GMT Offset value.....that will depend on your brokers sever time.....I'm sure you know about this from reading the thread. You can pick the filter you want to trade in the properties box of the ea by changing the 'false' to 'true'.......if your going to try the slope filter (its really a non repainting version of the hma), then you'll change the "TradeUsingHF" = true. That should do it!
Gary
I have followed with interest the community exchange and development of the Slingshot ea. I have minimal experience with Metatrader, and am generally all thumbs. I would like to try Gary's version 3.5 mq4. I have managed to compile the 3.5 mq4 file and drag it into a chart. I would appreciate advice how to set up the ea so it executes. Do I need to change the parameters in the Input section? I am also unsure what to do with the Slope Direction mq file. Advice and direction much appreciated.
Steve
- #1,255
- Mar 12, 2009 5:19pm Mar 12, 2009 5:19pm
Hi Junior -
Not sure what the problem is with the ea....Damon is using FXDD now I think and hasn't reported any problems. Whether FXDD is correct as an automatic option in the ea or not shouldn't have any bearing on the manual setting of the GMT offset......the code for the manual setting hasn't been changed and I tried it, worked fine. Just make sure the "GMT_Offset_Autoset = false".
If that fails, all I know to do is reset the ea tonight. If your trying the ma or slope(hma) filters, the ea doesn't need any lead time to figure out filter values, it starts to work almost immediately. Hope that helps
Garu
Not sure what the problem is with the ea....Damon is using FXDD now I think and hasn't reported any problems. Whether FXDD is correct as an automatic option in the ea or not shouldn't have any bearing on the manual setting of the GMT offset......the code for the manual setting hasn't been changed and I tried it, worked fine. Just make sure the "GMT_Offset_Autoset = false".
If that fails, all I know to do is reset the ea tonight. If your trying the ma or slope(hma) filters, the ea doesn't need any lead time to figure out filter values, it starts to work almost immediately. Hope that helps
Garu
Setting it the old way didn't work either. I don't see FXDD or anything in the comments section. Wonder if that is why.
- #1,256
- Mar 12, 2009 5:20pm Mar 12, 2009 5:20pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Hey Gary...I am only testing the Slope Direction Line but with settings of 8 and 13 both.
I had much different results than you did, but some trades were also taken when they should not have been and a few trades which were missed.
As the EA stands right now
setting 8 - 3 for 3 with +87 pips
setting 13 - 3 for 4 for +95 pips
I have my T/P set to 50 for gbpusd. So it is safe to say that with the extra trades, the EA would have performed better than if they werent there. It is funny too how one chart catches the trade and the other doesn't. Makes me think the EA is right, but maybe something is still goofy.
I had much different results than you did, but some trades were also taken when they should not have been and a few trades which were missed.
As the EA stands right now
setting 8 - 3 for 3 with +87 pips
setting 13 - 3 for 4 for +95 pips
I have my T/P set to 50 for gbpusd. So it is safe to say that with the extra trades, the EA would have performed better than if they werent there. It is funny too how one chart catches the trade and the other doesn't. Makes me think the EA is right, but maybe something is still goofy.
"Keep your eyes on the helpers" - Mr. Rogers
- #1,257
- Mar 12, 2009 5:22pm Mar 12, 2009 5:22pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
"Keep your eyes on the helpers" - Mr. Rogers
- #1,258
- Mar 12, 2009 5:27pm Mar 12, 2009 5:27pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Actually Gary, it looks like the 4th trade should have been taken. The cross had occurred,but before the bar closed. The EA would not have known about the cross until the bar closed in which the EA made the trade. It looks like the MA portion of the EA is working correctly, and I am almost willing to leave the HMA part alone until further testing is complete.
Hi All -
Today's results were good.....please see charts below.
The ma filter produced 5 trades with 4 winners and a net +47 pips!
The slope(hma) filter produced 1 trade for a + 18 pips! Another
The ma continues its high winning rate, not enough data in on the slope(hma) filter yet to tell how it will do.
Gary
"Keep your eyes on the helpers" - Mr. Rogers
- #1,260
- Mar 12, 2009 7:01pm Mar 12, 2009 7:01pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
"Keep your eyes on the helpers" - Mr. Rogers