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Semi automatic EA (Driven Version)

  • #1,181
  • Apr 22, 2009 10:38am Apr 22, 2009 10:38am
Hi Actionpl,

I was way to busy and happy to look my chart again. I run EA on my VPS and this pic below is a chart from my computer so there is no trendline in there, but still i can know how the EA works.
By looking of what happen in the last 2 day I see that the trendline on the EA doesnt seems to work. "Trend_analisys" true and "Trendline_Watch" false. Any suggestion??

Regards,
Samurai Power
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 51 KB
  • #1,182
  • Apr 22, 2009 1:23pm Apr 22, 2009 1:23pm
Quoting SamuraiPower
Hi Actionpl,

I was way to busy and happy to look my chart again. I run EA on my VPS and this pic below is a chart from my computer so there is no trendline in there, but still i can know how the EA works.
By looking of what happen in the last 2 day I see that the trendline on the EA doesnt seems to work. "Trend_analisys" true and "Trendline_Watch" false. Any suggestion??

Regards,
Samurai Power
Samurai,

Here is a screenhot of my EURUSD trade. I have the same setting you do. When the price hit the trendline this morning the stoplosses were reduced by 2 per my settings. However, I noticed another trade was opened above the trendline. Need help on this to understand settings. Looks like it should not have opened another trade.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd1440trend.gif Size: 56 KB
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,183
  • Apr 22, 2009 5:43pm Apr 22, 2009 5:43pm
I've been using the "Channel Surfer" indicator for trend lines.
Anyone got any ideas as to what the best setting for "AllBars" and "BarsForFract" parameters are?

I'm using the default of..

AllBars = 240
BarsForFract = 0

And I notice that that the trend lines are not accurate.
"I don't want to take over the world, just my own little part of it."
  • #1,184
  • Apr 22, 2009 8:52pm Apr 22, 2009 8:52pm
Quoting SamuraiPower
Hi Actionpl,

I was way to busy and happy to look my chart again. I run EA on my VPS and this pic below is a chart from my computer so there is no trendline in there, but still i can know how the EA works.
By looking of what happen in the last 2 day I see that the trendline on the EA doesnt seems to work. "Trend_analisys" true and "Trendline_Watch" false. Any suggestion??

Regards,
Samurai Power
Hi Samurai,
in order to get a good understanding of how this EA work with trend line do the following.
1- Set your EA as describ in your post
2- Set your chart on a timeperiod of 1 minutes
3- Draw a trend line very close above and below the current price action
4- Draw a horizontal trend line below(or above) the current price action
5- Set the Alert in the description box as shown below(picture)
6- Wait for the Price Action to break on of the trend line
You should see in the upper left corner the message Trend broken
7- Look at the description of the trend line that have been broken, the description will have been change and they is no more an alert associate to it.
8- To restart the trading, you need to go in EA property and clic on OK.
9- continue testing by adding an alert to the trend line that was broken

bye
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Apr. 22 21.30.gif Size: 37 KB
Attached Images
  • #1,185
  • Apr 22, 2009 9:12pm Apr 22, 2009 9:12pm
Quoting Namrettik
Samurai,

Here is a screenhot of my EURUSD trade. I have the same setting you do. When the price hit the trendline this morning the stoplosses were reduced by 2 per my settings. However, I noticed another trade was opened above the trendline. Need help on this to understand settings. Looks like it should not have opened another trade.
Thanks Namrettik, i will check that. I noticed that you have popup to true.
Have you got a poppup when it broke the trend?

Let me know, it will held to understand the situation. Normally you should not got an other trade and you should have the message on the top left saying that the trend was broken.

bye
  • #1,186
  • Apr 22, 2009 9:38pm Apr 22, 2009 9:38pm
Quoting Actionpl
Hi Samurai,
in order to get a good understanding of how this EA work with trend line do the following.
1- Set your EA as describ in your post
2- Set your chart on a timeperiod of 1 minutes
3- Draw a trend line very close above and below the current price action
4- Draw a horizontal trend line below(or above) the current price action
5- Set the Alert in the description box as shown below(picture)
6- Wait for the Price Action to break on of the trend line
You should see in the upper left corner the message Trend broken
7- Look at the description of...
Hi Actionpl,

Yes I've tried that in but in 5 min chart, with "Trend_analisys" true and "Trendline_Watch" false i dont have to wait for the price to hit trendline first to trade. My setting just look like Nam posted earlier, and it didint stop openig trade when the price hits and above trendline.

Regards,
Samurai Power
  • #1,187
  • Apr 22, 2009 9:51pm Apr 22, 2009 9:51pm
Quoting ByerRA
I've been using the "Channel Surfer" indicator for trend lines.
Anyone got any ideas as to what the best setting for "AllBars" and "BarsForFract" parameters are?

I'm using the default of..

AllBars = 240
BarsForFract = 0

And I notice that that the trend lines are not accurate.
Hi ByerRA,

I tried with different setting but sometimes it draw the TL in the wrong way, for best result just draw TL by yourself and the indis act as a suplement for your chart.

Regards,
Samurai Power
  • #1,188
  • Apr 22, 2009 10:19pm Apr 22, 2009 10:19pm
Quoting Actionpl
Thanks Namrettik, i will check that. I noticed that you have popup to true.
Have you got a poppup when it broke the trend?

Let me know, it will held to understand the situation. Normally you should not got an other trade and you should have the message on the top left saying that the trend was broken.

bye
I got an alert when the price action was within 20 pips of my trendline. I watched price action cross the trendline and then another trade opened above the trendline.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #1,189
  • Apr 22, 2009 11:58pm Apr 22, 2009 11:58pm
Hi Actionpl,

I've been using Firebird-v63H04_Heiken_Ash_vs1.mq4 test M5, the default parameter settings, eur / usd gbp / usd usd / cad usd / chf usd / jpy eur / chf at a fixed time period of the transaction, the success rate is relatively high, simulation test account is normal, you can at the same time multi-currency transactions on my account in a real transaction, the transaction can only be a single currency, what is the need to change the parameters?
My time is GMT +2 platform fixed in the platform so that 16 o'clock time EA started trading, before the 5 pm close out all of the manual list.
  • #1,190
  • Apr 23, 2009 1:46am Apr 23, 2009 1:46am
Quoting shisuyu
Hi Actionpl,

I've been using Firebird-v63H04_Heiken_Ash_vs1.mq4 test M5, the default parameter settings, eur / usd gbp / usd usd / cad usd / chf usd / jpy eur / chf at a fixed time period of the transaction, the success rate is relatively high, simulation test account is normal, you can at the same time multi-currency transactions on my account in a real transaction, the transaction can only be a single currency, what is the need to change the parameters?
My time is GMT +2 platform fixed in the platform so that 16 o'clock time EA started trading,...
Hi. What method are you using to determine the bigger trend and therefore whether to set the EA to Long Only or Short Only or Stand aside?

Regards
  • #1,191
  • Apr 23, 2009 1:54am Apr 23, 2009 1:54am
Quoting SamuraiPower
Hi Actionpl,

Yes I've tried that in but in 5 min chart, with "Trend_analisys" true and "Trendline_Watch" false i dont have to wait for the price to hit trendline first to trade. My setting just look like Nam posted earlier, and it didint stop openig trade when the price hits and above trendline.

Regards,
Samurai Power
I may be misinterpreting but to look at 1min charts seems to be too much driving of this system? I thought the objective here was to look at the bigger timeframes like Daily Charts and then from there, set the EA to long or short only or stand aside and to be in the same direction typically for days

Does the above approach achieve this or is there alot of reviewing of charts etc involved? From my brief interaction with this system, the hope was 1) To identify the bigger daily trend 2) To set the EA to long , short or no trading and 3) To monitor the trend say twice daily and take appropriate actions

Would welcome thoughts if I am misinterpreting the System

Regards
  • #1,192
  • Apr 23, 2009 2:35am Apr 23, 2009 2:35am
Quoting vnathwani
Hi. What method are you using to determine the bigger trend and therefore whether to set the EA to Long Only or Short Only or Stand aside?

Regards

I have only small fluctuations in the market before the EA deal, use the default settings, Firebird-v63H04_Heiken_Ash_vs1.mq4 version not the beginning of the end of the transaction set time, the platform I am GMT +2, the platform began to 16:00 hours trading, before 5:00 Ping list out all that is in the Asian plate to unwind all of the list.

  • #1,193
  • Apr 23, 2009 2:45am Apr 23, 2009 2:45am
Quoting shisuyu

I have only small fluctuations in the market before the EA deal, use the default settings, Firebird-v63H04_Heiken_Ash_vs1.mq4 version not the beginning of the end of the transaction set time, the platform I am GMT +2, the platform began to 16:00 hours trading, before 5:00 Ping list out all that is in the Asian plate to unwind all of the list.

The system as I understand it is supposed to ever only be Long, Short or Neutral in its positioning. Are you saying you override this and trade it just as a standard EA long and short at the same time in the custom settings?
  • #1,194
  • Apr 23, 2009 6:39am Apr 23, 2009 6:39am
Quoting vnathwani
I may be misinterpreting but to look at 1min charts seems to be too much driving of this system? I thought the objective here was to look at the bigger timeframes like Daily Charts and then from there, set the EA to long or short only or stand aside and to be in the same direction typically for days

Does the above approach achieve this or is there alot of reviewing of charts etc involved? From my brief interaction with this system, the hope was 1) To identify the bigger daily trend 2) To set the EA to long , short or no trading and 3) To monitor...
What i have suggest to use the 1min chart is only to debug the TrendAnalysis. In normal trading you should be on 4hr chart. The EA vs 1.3 does not take into account the timeframe of your chart.
So you got the right idea, look only at the system twice a day to drive it the way you want.

bye
  • #1,195
  • Apr 23, 2009 6:43am Apr 23, 2009 6:43am
Quoting Namrettik
I got an alert when the price action was within 20 pips of my trendline. I watched price action cross the trendline and then another trade opened above the trendline.
Hi Namrettik and Samurai, i have been able to see what you have describe but only when variable PopupAlert= true.
So could you test it with only variable TrendAnalysis=true.
I'm investigating why in certain situation that the EA reset itself. On my system it seem to work fine, but i did not have the PopupAlert set at true.

Thanks for your time
  • #1,196
  • Apr 23, 2009 7:15am Apr 23, 2009 7:15am
thx, ok im gonna re-test it.
  • #1,197
  • Apr 23, 2009 6:10pm Apr 23, 2009 6:10pm
Hi all
Maybe one of you can clarify
I have messages 'bad hours' (yes I know its midnight, but there is nothing to be afraid of. It's still only paper-trading after all - and yes, I have trade enabled - tried both 0 - 24 and 06 - 05), and on another 'not safe to trade'. I don't care if it is not safe. I want to go really fast round the circuit, and if I go off the track, just run into the wall of tyres, i.e. the 'Alert' trendline...
Anyway What are the settings to adopt to not get these irritating messages?
Thanks for your thoughts in advance
D
Attached Image(s) (click to enlarge)
Click to Enlarge Name: bad_hours.jpg Size: 141 KB
Click to Enlarge Name: not_safe_to_trade.jpg Size: 112 KB
  • #1,198
  • Apr 23, 2009 10:05pm Apr 23, 2009 10:05pm
Quoting Divyendu
Hi all
Maybe one of you can clarify
I have messages 'bad hours' (yes I know its midnight, but there is nothing to be afraid of. It's still only paper-trading after all - and yes, I have trade enabled - tried both 0 - 24 and 06 - 05), and on another 'not safe to trade'. I don't care if it is not safe. I want to go really fast round the circuit, and if I go off the track, just run into the wall of tyres, i.e. the 'Alert' trendline...
Anyway What are the settings to adopt to not get these irritating messages?
Thanks for your thoughts in advance
D
Hi Divyendu, make sure to have those variables set like as follow to disable the bad hour message
GMT = 0
DST = 0
OpeningHour = 0
ClosingHour = 24
To make sure that you are not going to have "Trade disable" message due to time, set the folowing variables this way:
TradeFrom1 = 0
TradeUntil1 = 24

In order to desactivate the high volatility market verification set variable:
SafeArea= 10000

This should solve your irration.

Bye
  • #1,199
  • Apr 24, 2009 2:21am Apr 24, 2009 2:21am
hi actionpl,
im really eager to have this ea with trendline finish, im really sure that along with psych line knowledge this will gives us a less effort and high gain. im counting on u. thx
regards,
samurai power
  • #1,200
  • Apr 24, 2009 2:17pm Apr 24, 2009 2:17pm
Quoting SamuraiPower
hi actionpl,
im really eager to have this ea with trendline finish, im really sure that along with psych line knowledge this will gives us a less effort and high gain. im counting on u. thx
regards,
samurai power
Hi to all, i have made some modification to prevent the instabillity problem identivied by Samurai and Namrettik. I have not found any bugs but have change the logic in order to be more robust in time where the price action are rapidly changing. So take note of the following.

1- When placing an alert on your trend, Make sure to have a Capital letter as your first letter of the alarm. Ex. Alarm_30. If it is not written this way, the EA will not take action on your trend. I recommend a minimum of 30 for a 5 digits broker et 3 pip for the 4 digits broker.

2- I have made the comments on the top left side more meaninfull. It will help you to adjust "SaveArea" and "DivergenceLimit" variables. Those two variables are use to filter trade when the price action is too volatile. If you want to increase your risk level and have more trade adjust those variables according to the message that you will see. Message: "SaveArea too low: 500" meant that you need to put variable "SafeArea" larger than 500 in order to validate this market condition.
Message "DivergenceLimit too low = 0.003" it mean that you have to increase variable "DivergenceLimit" in order to accept this market condition.

I have validate on my system in foward testing mode and it is stable for friday market conditions. I have tested all alerts conditions with popup and email, everything is working on my system. Check it out and let me know what kind of error message that your are getting.

Samurai and Nam, if you find again a trade after the trend have been broken, provide me a print screen of your chart and a print screen of the folder "Experts" in metatrader.
P.S. make sure to not change the time frame of your chart since changing time frame will reinitialize the EA.
P.S.2 Changing time period of your chart is an other way to get the EA out of the condition TrendLine Broken and start trading again.
P.S.3 If you have multiple trend line with Alarm_xx the EA will toggle between active trading and disable trading each time it hit a trend with an Alarm_xx. This could be use for more elaborate trading strategy.

Hope this version will be more stable and allow more free time to traders.

Bye

ActionPl
Attached File(s)
File Type: mq4 Firebird-v63H04_Heiken_Ashi_Trend_vs1_3a.mq4   35 KB | 842 downloads
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