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

  • #1,061
  • Apr 9, 2009 9:41pm Apr 9, 2009 9:41pm
Quoting Jayman02
Sounds like you are trading manually against the daily?
No I have been driving the EA short on the eurusd since 8:00 pm EST Tuesday, April 7th. No manual trading....all positions opened by the EA.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,062
  • Apr 9, 2009 9:42pm Apr 9, 2009 9:42pm
Quoting iansr1
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!
I corrected my post. I was short on the eurusd since tuesday..sorry for the confusion.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,063
  • Apr 9, 2009 10:55pm Apr 9, 2009 10:55pm
Quoting Namrettik
I would like to see it for V63H04 and the jpy version Firebird_jpy_fix
HI Namrettik,
try it and let me know.
I have included the alert feature and or email. So look at the setup variable.
Manage_Trade = true : if you want to have the feature off put it to false
Heiken_Ashi_timeperiod = 60; //H1=60, H4 = 240, D1= 1440 (You can select which time period of the indicator by putting the right amount of minutes.
index = 1; Put it at 0 if you want the manage feature on the current bar being form. If you activate the email feature make sure to have it at 1 otherwise you are going to have a lot of message when the bar cross from one state to the next.
email =false : Change it to true if you want an alert. If you want an email make sure to setup your metatrader to send you email. Go on tool, option and email tab and fill the information required.

I hope it will help your trading. I did a simulation on GDPUSD from the 1 of april to 10 of april with Heiken Ashi time period at 240 with long only and it gave a net profit of 132 pips which is much better than what i got.

Have fun and let us know how this work..

bye
Attached File(s)
File Type: ex4 FireBird_jpy_fix_Heiken_Ashi.ex4   23 KB | 279 downloads
File Type: mq4 FireBird_jpy_fix_Heiken_Ashi.mq4   31 KB | 354 downloads
File Type: ex4 Firebird-v63H04_Heiken_Ashi.ex4   20 KB | 331 downloads
File Type: mq4 Firebird-v63H04_Heiken_Ashi.mq4   24 KB | 393 downloads
  • #1,064
  • Apr 9, 2009 11:41pm Apr 9, 2009 11:41pm
Quoting Actionpl
HI Namrettik,
try it and let me know.
I have included the alert feature and or email. So look at the setup variable.
Manage_Trade = true : if you want to have the feature off put it to false
Heiken_Ashi_timeperiod = 60; //H1=60, H4 = 240, D1= 1440 (You can select which time period of the indicator by putting the right amount of minutes.
index = 1; Put it at...

Will these send an email alert on the strategy tester with email set to true. What happens when the alert occurs. Is it just an alert or does it close all trades at that time that are open.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,065
  • Apr 10, 2009 7:13am Apr 10, 2009 7:13am
Quoting Namrettik
Will these send an email alert on the strategy tester with email set to true. What happens when the alert occurs. Is it just an alert or does it close all trades at that time that are open.
It is only an alert. There is no strategy to close open loosing trades in this version. This is an other step that could improve our profit to lost ratio if we find the right setup.

bye
  • #1,066
  • Apr 10, 2009 7:24am Apr 10, 2009 7:24am
Quoting elephant
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.

What do you think?
Hi, you can try this EA, i think this will do what you are looking at for day trading. You need to setup the resistance and setup corridor and it will buy at support and sell at resistance. Just drag this EA on your chart, it will show you two line, you can move those line where you want and that's it.

Sometime the line are difficult to find, in order to help the process, display more data on your chart, you should be able to locate it.

Test it and let us know. This EA was found on a link in Forex Factory and the source code is not available. So you have to used it as it is.

Bye
Attached File(s)
File Type: ex4 TradeChannelBounce.ex4   8 KB | 443 downloads
  • #1,067
  • Apr 10, 2009 8:38am Apr 10, 2009 8:38am
Quoting Actionpl
It is only an alert. There is no strategy to close open loosing trades in this version. This is an other step that could improve our profit to lost ratio if we find the right setup.

bye
Is the only way to test the alert is to put the ea on a live demo account
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,068
  • Apr 10, 2009 9:31am Apr 10, 2009 9:31am
Hi Barnaba,
I have an indicator similar to what you have on your chart that defines the dynamic S & R. Is that an LRC or what?, I mean the red lines showing S&R. Moreover, you have many indicators in the ZIP file, which of the indicator is the yellow arrow?.

Quoting barnaba
Sistem Cycle Analitic For Trend
  • #1,069
  • Apr 10, 2009 9:32am Apr 10, 2009 9:32am
Quoting Namrettik
Is the only way to test the alert is to put the ea on a live demo account
Yes, in simulation mode it will not work.
To test it select a 1 minute charts, setup the variable this way

Manage_Trade True or false, it will work both way
Heiken_Ashi_timeperiod = 1
index = 1
email = true

Place a chart on your metrader on the M1, apply the EA and wait for changing color.
If you want to received an email, you need to enable it from your tool/option menu.

bye
  • #1,070
  • Apr 10, 2009 9:50am Apr 10, 2009 9:50am
Great work Actionpl. This will really improve the EA performance. The issue is, Heiken_ashi is a lagging indicator, so it will detect trend change a little bit late. I guess if you can make it MTF, so it can give signal when a lower TF to the TF you placed it on changes, It will be very good. For example, signal changes on 4hrs TF, while the EA is on Daily.
Thanks for your effort.

Quoting Actionpl
Yes, in simulation mode it will not work.
To test it select a 1 minute charts, setup the variable this way

Manage_Trade True or false, it will work both way
Heiken_Ashi_timeperiod = 1
index = 1
email = true

Place a chart on your metrader on the M1, apply the EA and wait for changing color.
If you want to received an email, you need to enable it from your tool/option menu.

bye
  • #1,071
  • Apr 10, 2009 10:06am Apr 10, 2009 10:06am
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)

Regards,
Samurai Power
Hey fren,
Im starting to use PA and S/R lines before any indicators. They don't repaint and lag, and a lot of profesionals use only that to earn in fx world. There is no magic indicators to tell us exactly when to exit or enter.

Will look up your new idea it makes sence, but will be hard to aplly in EA, I suck at programming, but someone could do it mabey. This week wasn't best to start live, gbp moves very slowly and flat, hope next week will me more active
  • #1,072
  • Apr 10, 2009 11:55am Apr 10, 2009 11:55am
Quoting Actionpl
Yes, in simulation mode it will not work.
To test it select a 1 minute charts, setup the variable this way

Manage_Trade True or false, it will work both way
Heiken_Ashi_timeperiod = 1
index = 1
email = true

Place a chart on your metrader on the M1, apply the EA and wait for changing color.
If you want to received an email, you need to enable it from your tool/option menu.

bye

The email message on the non jpyfix version is giving a message that is referencing the jpy_fix heiken Ashi.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,073
  • Apr 10, 2009 1:00pm Apr 10, 2009 1:00pm
Quoting Namrettik
The email message on the non jpyfix version is giving a message that is referencing the jpy_fix heiken Ashi.
Ouph..
Here the corrected EA
Attached File(s)
File Type: ex4 Firebird-v63H04_Heiken_Ashi.ex4   20 KB | 316 downloads
File Type: mq4 Firebird-v63H04_Heiken_Ashi.mq4   24 KB | 371 downloads
  • #1,074
  • Apr 10, 2009 2:57pm Apr 10, 2009 2:57pm
Quoting Namrettik
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...
Hi Namrettik,
i found a way to acces by programmation to the Thv Trend color coded information. I would like to add an exit strategy to the Heigen Ashi manage EA. Have you got time to evaluate the strategy that you are proposing?
I'm planning to have an exit strategy program into the EA using the THV Trend and the Heiken Ashi or the Heiken Ashi smooted to exit loosing trade automatically.
The idea will be:
If the 4HR THVTrend is Yellow, reduce the stop lost by 50%
for a buy if the Heiken Ashi 4Hr is red and ThvTrend yellow or red, close trade again the new driving condition.
For a sell, if the Heiken Ashi 4HR is green and the ThvTrend is Green, ==> close trades that are again the new driving condition.

We will still need to follow closely the EA to turn it off when the market is not trending. But it should allow us more time to reac.
We need to evaluate what will be the impact of this strategy on the net profit after a month or so.

I would like to have input of the team in order to setup an exit strategy that have more chance to work.

Anybody who have good idea allong those lines we can discuss it here an come to a conclusion. I would like to minimize my programmation time since it can take some time to do that and i don't have a lot of free time.

Thanks for your input.
  • #1,075
  • Apr 10, 2009 3:56pm Apr 10, 2009 3:56pm
Quoting Actionpl
Hi Namrettik,
i found a way to acces by programmation to the Thv Trend color coded information. I would like to add an exit strategy to the Heigen Ashi manage EA. Have you got time to evaluate the strategy that you are proposing?
I'm planning to have an exit strategy program into the EA using the THV Trend and the Heiken Ashi or the Heiken Ashi smooted to exit loosing trade automatically.
The idea will be:
If the 4HR THVTrend is Yellow, reduce the stop lost by 50%
for a buy if the Heiken Ashi 4Hr is red and ThvTrend yellow or red, close trade again...
I am not familiar with what you mean by access to programation. Do we need to get permission from the creator of the indicator to do this or are we just using it along with this ea and are not violating copyright on THV3 Trend indicator. I would contact cboraforex the creator of the THV3 Trend indicator and ask for permission to modify the indicator for this purpose if we are modifying the indi. I would be glad to test and provide feedback.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,076
  • Apr 10, 2009 4:15pm Apr 10, 2009 4:15pm
Quoting Actionpl
Hi Namrettik,
i found a way to acces by programmation to the Thv Trend color coded information. I would like to add an exit strategy to the Heigen Ashi manage EA. Have you got time to evaluate the strategy that you are proposing?
I'm planning to have an exit strategy program into the EA using the THV Trend and the Heiken Ashi or the Heiken Ashi smooted to exit loosing trade automatically.
The idea will be:
If the 4HR THVTrend is Yellow, reduce the stop lost by 50%
for a buy if the Heiken Ashi 4Hr is red and ThvTrend yellow or red, close trade again...
I have put a chart of the 4hr eurusd and the daily eur usd with the same trendline. If we would follow the rules above we would be closing all trades that are short per the 4hr chart.....but.....I think it would be premature..because the price action (PA) may just go up and bounce of the trendline I have drawn on the 4hr chart. The daily chart still shows a strong downtrend that may be just retracing. I do like the idea of shortening up the stops when the 4hr turns red or yellow, I will have to think about that. I like the idea of being able to set our own rules like you did with the heiken ashi and leave it up to the trader to chose whether to use the 4hr chart or the daily chart with the heiken ashi and the THV3 Trend indicator. What do you think.

Namrettik
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd240.gif Size: 14 KB
Click to Enlarge Name: eurusd1440.gif Size: 14 KB
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,077
  • Apr 10, 2009 4:28pm Apr 10, 2009 4:28pm
Quoting Namrettik
I am not familiar with what you mean by access to programation. Do we need to get permission from the creator of the indicator to do this or are we just using it along with this ea and are not violating copyright on THV3 Trend indicator. I would contact cboraforex the creator of the THV3 Trend indicator and ask for permission to modify the indicator for this purpose if we are modifying the indi. I would be glad to test and provide feedback.
Hi, no i don't modify the code of the indicator so no copyright isssue. I got the info just by looking at available variables provided by the indicator.
  • #1,078
  • Edited 4:42pm Apr 10, 2009 4:30pm | Edited 4:42pm
Quoting Namrettik
I have put a chart of the 4hr eurusd and the daily eur usd with the same trendline. If we would follow the rules above we would be closing all trades that are short per the 4hr chart.....but.....I think it would be premature..because the price action (PA) may just go up and bounce of the trendline I have drawn on the 4hr chart. The daily chart still shows a strong downtrend that may be just retracing. I do like the idea of shortening up the stops when the 4hr turns red or yellow, I will have to think about that. I like the idea of being able to...
i think shortering stoploss 50% when 4hr make changes makes no sense because every time when it retraces then it will change sl.
then we can put sl 150 not 300 at EA options.

am i right ?

sry for bad language
  • #1,079
  • Apr 10, 2009 4:48pm Apr 10, 2009 4:48pm
i found that in AUDUSD those settings are more profitable:

tp 50
sl 200
pipstep 20
div. limit 0.01

my thoughts are that: when it moves against then will be bigger drawdown risk.

please test and let me know what u think of those settings.

sry for my bad lang.

thank you all for attention.
  • #1,080
  • Apr 10, 2009 4:49pm Apr 10, 2009 4:49pm
Quoting ayoneeyee
Great work Actionpl. This will really improve the EA performance. The issue is, Heiken_ashi is a lagging indicator, so it will detect trend change a little bit late. I guess if you can make it MTF, so it can give signal when a lower TF to the TF you placed it on changes, It will be very good. For example, signal changes on 4hrs TF, while the EA is on Daily.
Thanks for your effort.
Hi Ayoneeyee, can you tell me what you mean by MTF and TF . I don't know all those acronyme..

Bye
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