Semi automatic EA (Driven Version) | Page 53 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA tool & strategy for semi-automatic interactive trading 82 replies

semi-automatic fibs in MT4? 0 replies

Testing a semi-automatic EA with a strategy tester 1 reply

Geoff's Manual and Semi Automatic Trading Setup 988 replies

Trading a (semi) automatic approach...but want more 11 replies

Attachments: Semi automatic EA (Driven Version)
Exit Attachments

Semi automatic EA (Driven Version)

  • #1,041
  • Apr 8, 2009 12:54pm Apr 8, 2009 12:54pm
Man these ranging prices are making my head spin, lol. Might be good to return back to Samurai's fist post, and wait for a confirmation on the Daily before making any decisions. True you may miss 200, or 300 pips of a movement but will help keep us out of bad trades.

This week is pretty much a bust for me so far, but have to stay positive still up 2400 pips overall in 3 weeks.
  • #1,042
  • Apr 8, 2009 12:56pm Apr 8, 2009 12:56pm
I have added a few indicators to help the fbTemplate with your exit strategy. Attached is a screenshot of the indicators. When I have a confirmation of the three indicators all showing trend change I will exit my trades.

All three must be in agreement.

Short Exit

MTF CCI 14 - exit when 4 hour changes to +100 positive.
THV Trend - when trend color changes to yellow
10tionreader - when 4hr changes to yellow on all three bars

Long Exit
MTF CCI 14 - exit when 4 hour changes to -100 negative
THV Trend - when trend color changes to yellow
10tionreader - when 4hr changes to yellow on all three bars

I am backtesting this and live demo testing this and will post my feedback. The idea is to have a good confirmation that the trend is changing.

All these indicators are free. I am still trying to determine the best way to use them together.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd1440in10tionreader.gif Size: 22 KB
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,043
  • Apr 8, 2009 1:44pm Apr 8, 2009 1:44pm
watching support and resistance levels on the H4 may be a an easier way to go it helped me get out before the reversal.
  • #1,044
  • Apr 8, 2009 2:28pm Apr 8, 2009 2:28pm
Quoting Jayman02
watching support and resistance levels on the H4 may be a an easier way to go it helped me get out before the reversal.
Are you using an indicator such as pivots or are you just plotting your own S & R lines?
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,045
  • Apr 8, 2009 2:36pm Apr 8, 2009 2:36pm
Try the LRC indicator on the Daily on 4hrs chart, it will show you the S & R levels. The indicator is somewhere on this forum, search for it if you don't have it.

Quoting Namrettik
Are you using an indicator such as pivots or are you just plotting your own S & R lines?
  • #1,046
  • Apr 8, 2009 3:10pm Apr 8, 2009 3:10pm
I am using the indicator attached
Attached File(s)
File Type: ex4 FiboPiv_v2.ex4   5 KB | 345 downloads
  • #1,047
  • Edited 4:11pm Apr 8, 2009 3:37pm | Edited 4:11pm
Quoting SamuraiPower
Hi Ollypips,

U are inspire me, I think i just came up with a great idea on how we drive the EA much easier, i'll post the detail afterwork.

Regards,
Samurai Power
My idea is just a suplement to this system, but we need a programer to do this, I hope coders will help us on this.
Ok...I am thinking about giving a trendline as an area to control wether the EA still trade or not, for better understanding I think u guys should watch this video first (or maybe u watch it already)

http://www.forexbrace.com/content/view/187/77/

Let me give u an example on the daily chart below,
On a short trade or in a downtrend market u draw the trendline to give the EA an area to trade or not (to make it easy, draw the trendline on daily chart and of course after that switch it to 5 Min coz the EA will work on 5 Min chart),
if the price breaks the trendline or entering the forbidden area or above the trendline, the EA will not open another short trade untill we adjust it again and vice versa, so that we dont have to worry about drawdown when the price reverse and we might reduse the SL accordingly. Once again we need a humble coders here to help us out. Hopefully this can make our trade easier. Feedbacks are welcome.

Regards,
Samurai Power
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 24 KB
  • #1,048
  • Apr 8, 2009 5:01pm Apr 8, 2009 5:01pm
Quoting SamuraiPower
My idea is just a suplement to this system, but we need a programer to do this, I hope coders will help us on this.
Ok...I am thinking about giving a trendline as an area to control wether the EA still trade or not, for better understanding I think u guys should watch this video first (or maybe u watch it already)

http://www.forexbrace.com/content/view/187/77/

Let me give u an example on the daily chart below,
On a short trade or in a downtrend market u draw the trendline to give the EA an area to trade or not (to make it easy, draw...

I like the concept but couldn't we simplify it more to be when the Heiken Ashi changes color on the daily chart not to open more trades in the wrong direction. Seems like it would be a simple code that we can turn off and on.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,049
  • Apr 8, 2009 9:03pm Apr 8, 2009 9:03pm
Quoting Namrettik
I like the concept but couldn't we simplify it more to be when the Heiken Ashi changes color on the daily chart not to open more trades in the wrong direction. Seems like it would be a simple code that we can turn off and on.
Hi Namrettik, SamuraiPower and others Firebird user.
I have been working on this idea since Namrettik propose to have the Heiken Ashi indicator to send a email or produce an alert. I was able to modify it as you know but the copyright issue prevent me to publish this modification.
So since the beginning of the week i worked to find a way to use this idea whithout mofying the indicator(so no copyright issue). The good news is that i was able to do it and it seem to work pretty well with the simulator for the last reversal. Instead of loosing 1000 Pip and more, it loose only 500 on EURUSD whithout doing nothing and still drive for long even if the 4hr and daily chart was pointing to short.

I still have to clean the code and do some final test before i publish it for more testing.

So tell me, in which version of Firebird you would like to have it first.
I have it now in the 63H04-TS modified version. (Corrected small bug in it and obsolete function call so there is no more warning when compiled).
  • #1,050
  • Apr 9, 2009 3:47am Apr 9, 2009 3:47am
Sistem Cycle Analitic For Trend
Attached Image (click to enlarge)
Click to Enlarge Name: FIREBIRD.jpg Size: 192 KB
Attached File(s)
File Type: zip my system.zip   40 KB | 554 downloads
  • #1,051
  • Apr 9, 2009 6:05am Apr 9, 2009 6:05am
Quoting Actionpl
Hi Namrettik, SamuraiPower and others Firebird user.
I have been working on this idea since Namrettik propose to have the Heiken Ashi indicator to send a email or produce an alert. I was able to modify it as you know but the copyright issue prevent me to publish this modification.
So since the beginning of the week i worked to find a way to use this idea whithout mofying the indicator(so no copyright issue). The good news is that i was able to do it and it seem to work pretty well with the simulator for the last reversal. Instead of loosing 1000...
I would like to see it for V63H04 and the jpy version Firebird_jpy_fix
Attached File(s)
File Type: ex4 Firebird-v63H04.ex4   18 KB | 338 downloads
File Type: mq4 Firebird-v63H04.mq4   21 KB | 358 downloads
File Type: ex4 FireBird_jpy_fix.ex4   22 KB | 325 downloads
File Type: mq4 FireBird_jpy_fix.mq4   29 KB | 350 downloads
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,052
  • Apr 9, 2009 9:20am Apr 9, 2009 9:20am
the data signals from the my system is very good, can be used to drive FIREBIRD.
RULES SYSTEM: BUY CYCLE < 20 AND SIGNAL3 SELL CYCLE > 80 AND SIGNAL 3
  • #1,053
  • Apr 9, 2009 11:37am Apr 9, 2009 11:37am
Quoting barnaba
the data signals from the my system is very good, can be used to drive FIREBIRD.
RULES SYSTEM: BUY CYCLE < 20 AND SIGNAL3 SELL CYCLE > 80 AND SIGNAL 3
Have u been forward tested ? Do you have your trading result?


Regards,

Edysnts
  • #1,054
  • Apr 9, 2009 11:51am Apr 9, 2009 11:51am
Namrettik,

Can you share with us the indicators you used in the screenshot you posted in post 1024? Thanx!

-RJ1-
Attached Image
  • #1,055
  • Apr 9, 2009 12:19pm Apr 9, 2009 12:19pm
Quoting RJ1
Namrettik,

Can you share with us the indicators you used in the screenshot you posted in post 1024? Thanx!

-RJ1-
I have attached the MTF CCI 14 indicator and the THV3 Trend inciators. The other indicator can be found at the following link:

http://www.forexfactory.com/showthread.php?t=92582
Attached File(s)
File Type: ex4 CCI_Bars_M#_v2.ex4   52 KB | 439 downloads
File Type: ex4 THV3 trend.ex4   5 KB | 424 downloads
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,056
  • Edited 9:42pm Apr 9, 2009 3:20pm | Edited 9:42pm
Since the Monday disaster I have made some pips

usdcad 100pips - long
usdchf 100pips - long
eurusd 500pips - short

I have one trade open at the time of this post eurusd that is at 35pips. I set the stoploss to 1 pip profit and will let it run hopefully to 100tp. I have turned off the ea for the rest of the week. There is a strong support line at 1.3112 that was tested on 3/30/09 that is close to being retested again today. I decided to sit on the sidelines and keep what I have gained since the monday loss.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,057
  • Edited 10:03pm Apr 9, 2009 6:32pm | Edited 10:03pm
Quoting Namrettik
Since the Monday disaster I have made some pips

usdcad 100pips - long
usdchf 100pips - long
eurusd 500pips - short

I have one trade open at the time of this post eurusd that is at 35pips. I set the stoploss to 1 pip profit and will let it run hopefully to 100tp. I have turned off the ea for the rest of the week. There is a strong support line at 1.3112 that was tested on 3/30/09 that is close to being retested again today. I decided to sit on the sidelines and keep what I have gained since the monday loss.
100 more pips for eurusd.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,058
  • Apr 9, 2009 7:57pm Apr 9, 2009 7:57pm
Quoting Namrettik
100 more pips for eurusd.
Sounds like you are trading manually against the daily?
  • #1,059
  • Apr 9, 2009 9:17pm Apr 9, 2009 9:17pm
but according to the daily trend on the eurusd it is down?
Can i ask what was the indicator used in driving the eurusd long? Was it based on a shorter time frame? The daily, 4hour and 1 hour all shown a down trend? The 5 min, 15 min and 30 min show an up trend?
Which one is the best to go off for driving the EA?
thanks
Ian - a new comer from another forum!
  • #1,060
  • Apr 9, 2009 9:37pm Apr 9, 2009 9:37pm
Quoting Actionpl
Hi Namrettik, SamuraiPower and others Firebird user.
I have been working on this idea since Namrettik propose to have the Heiken Ashi indicator to send a email or produce an alert....
Great Work, I wonder if you can add a manageable entry and exit feature to FB 63H version. It will make this version an excellent EA for day trading Trends.
For example: we know, hypothetically, that Trending pairs trend between tow points usually a fixed support and resistance. I want to sell resistance and buy support, I want Firebird to catch these precise trades by being able to managed it by entering the value where it can start trading and where it takes profit. If this feature is on then they other features are off
such a feature should have a sL of 100pips. If you develop this new feature, then FB V.63H can follow the trend up, down and trending (for well seasoned day traders.)
What do you think?
0 traders viewing now