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

  • #841
  • Mar 28, 2009 8:44am Mar 28, 2009 8:44am
Hi I downloaded the latest one. Looked in Metrader daily chart. From the 11th March 09 to the 24th March 09 there is a clear up-trend. (gbpusd) So I backtested in 15min chart and also 5min chart and both made a couple hundred loss at 1 lot. The 30 min chart made over 4 grand profit but in another clear trending period made a loss!

Net Profit trading 1 lot 10th to 24th March Long Trades Only
5 min: -985.80
15min: -238.20
30min: 5393.00
1 hour: 40.60

From the 26th Jan 09 to the 30th Jan 09 there is another clear up-trend.

Net Profit trading 1 lot 26th to 30th January Long Trades Only
5 min: 1710.00
15min: -550.00
30min: -110
 1 hour: 12.40

It seems this is a bit unstable and I wouldn't trust it with real money I don't think..

cheers
Russ
  • #842
  • Mar 28, 2009 9:33am Mar 28, 2009 9:33am
Quoting 121156
Hi I downloaded the latest one. Looked in Metrader daily chart. From the 11th March 09 to the 24th March 09 there is a clear up-trend. (gbpusd) So I backtested in 15min chart and also 5min chart and both made a couple hundred loss at 1 lot. The 30 min chart made over 4 grand profit but in another clear trending period made a loss!

Net Profit trading 1 lot 10th to 24th March Long Trades Only
5 min: -985.80
15min: -238.20
30min: 5393.00
1 hour: 40.60

From the 26th Jan 09 to the 30th Jan 09 there...
Are u sure u have complete data history? and have u set the right setting?
mine look like this...
TP 100pips, GBPUSD pair, the rest is default.

Net Profit trading 1 lot 10th to 24th March Long Trades Only
5 min: +1861
15min: +1501
30min: +699
1 hour: +200

From the 26th Jan 09 to the 30th Jan 09 there is another clear up-trend.

Net Profit trading 1 lot 26th to 30th January Long Trades Only
5 min: +1519
15min: +400
30min: +200
1 hour: +100

Based on my experience there is no different using this on live. I have no idea why your result is different 121156.

Regards,
Samurai Power
  • #843
  • Edited 9:52am Mar 28, 2009 9:42am | Edited 9:52am
I have been backtesting a way to consistantly enter and exit trades while driving the Firebird EA using the THV3 Trend Indicator to confirm the beginning and end of the trend. There are going to be times that the market will change to yellow(flat) then back again to the trend but if you exit consistantly you should not have as much drawdown.

I marked a few entry and exit points. Green verticle line entry and red verticle line exit.

Rules:

Long Entry - Enter on second green bar if in long position and then exit on next bar after a yellow or red bar forms. Heiken Ashi must be white to enter. (the exit is always at the change of the daily candle)

Short Entry - Enter on second red bar if in short position and then exit on next bar after a yellow or green bar forms. Heiken Ashi must be red to enter. (the exit is always at the change of the daily candle)

Please backtest and give me your input. I am trying to keep this simple and limit drawdowns when the trend changes.

Note the 1/2/09 entry was not on the second bar because of the holiday on 1/1/09.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdthv3trend1440.gif Size: 22 KB
Attached File(s)
File Type: ex4 THV3 trend.ex4   5 KB | 434 downloads
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #844
  • Mar 28, 2009 10:14am Mar 28, 2009 10:14am
Quoting dochero
Hi Alcazer, could you please tell me what ea system are you using? and wich parameters please?, i was using the firebird V63G but i stop using it because it started to ding alerts "excessive loss" and it does not made any trade anymore.

Thanks Alcazer, i apreciate your help.

Tai Ka Ho

I also encountered "excessive loss" should not prompt transactions after this issue, I would like to know what parameters should be adjusted?
  • #845
  • Mar 28, 2009 10:24am Mar 28, 2009 10:24am
Quoting TheTonik
I keep getting the "excessive loss" alert, like every few seconds. How do I turn this off, and more importantly, why is it happening?

Please someone help! The alerts are driving me crazy!! I get the alert sound every few seconds!

How are you TheTonik


Will the "excessive loss" should not prompt transactions, the question is how you resolved?

  • #846
  • Mar 28, 2009 10:24am Mar 28, 2009 10:24am
Quoting shisuyu
Tai Ka Ho

I also encountered "excessive loss" should not prompt transactions after this issue, I would like to know what parameters should be adjusted?
Ni hao ma,

Its indicating that u drive it in the wrong direction, just make sure u drive it correctly, just like Namrettik post just right on top of your post, then u will not get that alert.

Regards,
Samurai Power
  • #847
  • Edited 11:59am Mar 28, 2009 11:32am | Edited 11:59am
Quoting cashearner
Sergiel,

Can I have u r set of Indicators please, looks nice setup.
Hi here they are, I will have to put some on the next post as well.

Cheers
Attached File(s)
File Type: mq4 Fibonacci Pivots THV.mq4   5 KB | 392 downloads
File Type: ex4 THV3 MMPrice.ex4   3 KB | 352 downloads
File Type: ex4 THV3 ATR Pips.ex4   3 KB | 350 downloads
File Type: ex4 THV3 Coral.ex4   16 KB | 352 downloads
File Type: mq4 Ichimoku.mq4   5 KB | 370 downloads
File Type: mq4 5-8openEMA_Cross_Arrow_with_Alerts.mq4   4 KB | 390 downloads
File Type: ex4 THV3 CandleClock.ex4   5 KB | 367 downloads
  • #848
  • Mar 28, 2009 12:02pm Mar 28, 2009 12:02pm
here are the rest.
Attached File(s)
File Type: ex4 THV3 Trix v4.01 Div.ex4   30 KB | 370 downloads
File Type: ex4 THV3 trend.ex4   5 KB | 375 downloads
File Type: ex4 THV3 T3.ex4   4 KB | 361 downloads
File Type: tpl thv v3.tpl   18 KB | 372 downloads
  • #849
  • Mar 28, 2009 1:37pm Mar 28, 2009 1:37pm
Sergiel...

Dumb question - how do I install these indicators, ie: which MT4 folders? The icons look like EAs, but when I put the Ichi in there I couldn't load it on a chart.
  • #850
  • Mar 28, 2009 1:50pm Mar 28, 2009 1:50pm
Quoting Namrettik
I have been backtesting a way to consistantly enter and exit trades while driving the Firebird EA using the THV3 Trend Indicator to confirm the beginning and end of the trend. There are going to be times that the market will change to yellow(flat) then back again to the trend but if you exit consistantly you should not have as much drawdown.

I marked a few entry and exit points. Green verticle line entry and red verticle line exit.

Rules:

Long Entry - Enter on second green bar if in long position and then exit on next bar after a yellow or...
Hi, looks interesting. When you say Long Entry or Short Entry - are these the only days on which you are allowed to enter trades or are you saying between the entry and exit signals the EA is switched on in the direction of the trend (ie. you leave the EA running for as long as you are in this upward or downward trend). If it is the latter, do you forcefully close the trades or do you just leave open whatever is open at that time?

I will see if this can be automated,

Fredella
  • #851
  • Mar 28, 2009 1:52pm Mar 28, 2009 1:52pm
Quoting Mac109
Sergiel...

Dumb question - how do I install these indicators, ie: which MT4 folders? The icons look like EAs, but when I put the Ichi in there I couldn't load it on a chart.
All the indicators go into your "inidicators" folder which you can find by looking:

My Computer / Program Files / Your Broker / Experts / Indicators

The template needs to go in the templates folder

My Computer / Program Files / Your Broker / Templates

Restart your platform, open a chart, go to templates, and open the THV template, should be good to go.

The EA is something different, your EA needs to go in the experts folder, then you find it on the left bar under Expert advisors and attach it to your chart. I find it best to open 2 charts for each currency pair. One for the EA alone and one for all the template / indicators.

Hope this helps
  • #852
  • Mar 28, 2009 1:56pm Mar 28, 2009 1:56pm
Quoting Fredella
Hi, looks interesting. When you say Long Entry or Short Entry - are these the only days on which you are allowed to enter trades or are you saying between the entry and exit signals the EA is switched on in the direction of the trend (ie. you leave the EA running for as long as you are in this upward or downward trend). If it is the latter, do you forcefully close the trades or do you just leave open whatever is open at that time?

I will see if this can be automated,

Fredella
I will turn on the EA on the entry then turn off and close the trades at the exit. I will let it run over the weekend if I do not get a signal to close by friday. Those are the only days it will be on. Like Samurai said you may only trade part of the month.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #853
  • Mar 28, 2009 1:56pm Mar 28, 2009 1:56pm
Hi Mac109

U can find the detail how to install it on my word document on my first post.

Regards,
Samurai Power
  • #854
  • Mar 28, 2009 1:59pm Mar 28, 2009 1:59pm
Quoting SamuraiPower
Are u sure u have complete data history? and have u set the right setting?
mine look like this...
TP 100pips, GBPUSD pair, the rest is default.

Net Profit trading 1 lot 10th to 24th March Long Trades Only
5 min: +1861
15min: +1501
30min: +699
1 hour: +200

From the 26th Jan 09 to the 30th Jan 09 there is another clear up-trend.

Net Profit trading 1 lot 26th to 30th January Long Trades Only
5 min: +1519
15min:...
Hi Samurai, so it seems as thought the M5 is getting the best results on these periods of trading. Are you using matching chart with the MA timeframe, eg. MA = 5 on the M5 chart?

Thanks again
Serge
  • #855
  • Mar 28, 2009 2:18pm Mar 28, 2009 2:18pm
Quoting sergiel
Hi Samurai, so it seems as thought the M5 is getting the best results on these periods of trading. Are you using matching chart with the MA timeframe, eg. MA = 5 on the M5 chart?

Thanks again
Serge
Hi Serge,

Nope, EA on 5M and still i set 15 on Ma timeframe.
My setting might not be the most optimum according to other, but this is the optimum setting for me. U may use your own setting I guess.
The market is change but the major thing on how adapting to the market changing is how to drive the EA, coz no matter what the setting is the EA will keep opening trade, so lets improove the skill on driving the EA, shall we...

Regards,
Samurai Power
  • #856
  • Mar 28, 2009 2:20pm Mar 28, 2009 2:20pm
Thanks guys!
  • #857
  • Mar 28, 2009 2:21pm Mar 28, 2009 2:21pm
Quoting SamuraiPower
Hi Serge,

Nope, EA on 5M and still i set 15 on Ma timeframe.
My setting might not be the most optimum according to other, but this is the optimum setting for me. U may use your own setting I guess.
The market is change but the major thing on how adapting to the market changing is how to drive the EA, coz no matter what the setting is the EA will keep opening trade, so lets improove the skill on driving the EA, shall we...

Regards,
Samurai Power
Thanks again, I am going to set the EA up on another broker demo and run exactly the same way but I will use the 5M setting on the 15 M chart. I'll let you know how it goes.

Cheers
  • #858
  • Mar 28, 2009 2:22pm Mar 28, 2009 2:22pm
Quoting Namrettik
I will turn on the EA on the entry then turn off and close the trades at the exit. I will let it run over the weekend if I do not get a signal to close by friday. Those are the only days it will be on. Like Samurai said you may only trade part of the month.
..But still keep an eye on 4H chart, on major news keep both eyes on 1H and 4H chart.


Regards,
Samurai Power
  • #859
  • Mar 28, 2009 3:15pm Mar 28, 2009 3:15pm
Samurai power, I must confess, this EA really works. I have been testing it with the settings you provided on FxPro, IBFX and windsor platforms and it has made a lot of pips almost dubbling the account (Demo account). This Ea is almost making no loss, the only loss i experienced for the past 3 weeks is on the IBFX platform and that was last Friday. But the EA has a lot of drawdowns. For now, I'm going to run it for another one or two weeks before putting it to a live account, but I REALLY WANT TO THANK YOU, this is the first EA I used that has generated profit consistently for 3 weeks. Do you or anybody know a very good platform i can open a live account with?.

Thanks again.
Ayo.
  • #860
  • Mar 28, 2009 3:30pm Mar 28, 2009 3:30pm
Quoting Namrettik
I am still backtesting. So far the 15 on the M5 chart is the best performance.
Have you completed? Is MA timeframe: 15 on M5 chart still the best?

Have you ever tested the fixed vs. variable step? RS
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