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

  • #1,201
  • Apr 24, 2009 2:43pm Apr 24, 2009 2:43pm
All I could say is THANK YOU! THANK YOU!! and THANK YOU!!!! Actionpl for your relentless effort, and for all those testing this EA, THANK YOU for not giving up, I am also testing and i'm not giving up on this EA, it has a lot of potentials. Special THANKS to SAMURIA for this great EA.

Quoting Actionpl
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...
  • #1,202
  • Apr 24, 2009 4:11pm Apr 24, 2009 4:11pm
This new version answers some queries I haven't even asked yet. Nice quick work!
D
  • #1,203
  • Apr 24, 2009 10:17pm Apr 24, 2009 10:17pm
Actionpl,
Can we not use Ichimoku Kinko Hyo (span a, span b) to come up with the resistance levels (window) we use to determine the stoploss reduction? That way if we are long and it goes way below span a we can reduce and do a cutoff on span b or reduce further, until price comes back within range, and we can even go back to normal stoploss if we come back within range.

Jag
  • #1,204
  • Apr 25, 2009 2:05am Apr 25, 2009 2:05am
Hi actionpl,

thx a lot, i'll test the vs1_3a next week.

Regards,
Samurai Power
  • #1,205
  • Apr 25, 2009 2:05pm Apr 25, 2009 2:05pm
Quoting sidhujag
Actionpl,
Can we not use Ichimoku Kinko Hyo (span a, span b) to come up with the resistance levels (window) we use to determine the stoploss reduction? That way if we are long and it goes way below span a we can reduce and do a cutoff on span b or reduce further, until price comes back within range, and we can even go back to normal stoploss if we come back within range.

Jag
Hi Jag, could you do a simulation with your idea. Take the historitical data and follow what you have in mind to establish those stop and see what kind of profit it will provide. I look rapidly at this indicator and it seem lag the system pretty much.

Let us know if you find something interesting to analyse more.

regards

Actionpl
  • #1,206
  • Apr 25, 2009 8:30pm Apr 25, 2009 8:30pm
I will modify the EA to use the indicator, and I will see where it goes. Right now I am optimizing the Your_lucky ea, a few days atleast.

Jag
  • #1,207
  • Apr 26, 2009 12:17pm Apr 26, 2009 12:17pm
I recently received a free indicator that I thought might be useful for determining the direction to drive the ea.

Its call trend magic. Might be worth testing this week. I don't know if it repaints.

EA and instructions included in the zip file.

I hope this helps everyone.
Attached File(s)
File Type: zip magictrend.zip   112 KB | 1,020 downloads
  • #1,208
  • Apr 27, 2009 4:47am Apr 27, 2009 4:47am
hello!
a question: does actionpl's EA make the whole thing automatic or do you still have to drive it?

and please! can someone direct me to the part where nanningbob and namrettik found the inconsistencies in the ea?

thank you!
  • #1,209
  • Apr 27, 2009 8:43am Apr 27, 2009 8:43am
kimchikim,

U still have to drive it but its gonna be lot easier, I can say the energy u spend its almost the same like fully auto ea. Try vs1_3a u i think its a great improvement.


Hi Actionpl,

I found the vs1_3a works really well, just like what I wanted to, lets see on more test hopefully no other bugs. Many..many...thanx actionpl.


Regards,
SamuraiPower
  • #1,210
  • Apr 27, 2009 12:46pm Apr 27, 2009 12:46pm
The vs1_3a works but the question is, what is the actual time frame you place the EA, because I placed one on a 5M TF with HAS set to 240 TF and trendline drawn from 4HRs TF, and another on a 4HRs TF with HAS set to 240TF, and I'm kind of getting similar result. I remember we palce the original version on a 5M TF and drive it in the direction of the longer TF like daily, do we still follow this technique here?.

TIA.
Ayo.
Quoting SamuraiPower
kimchikim,

U still have to drive it but its gonna be lot easier, I can say the energy u spend its almost the same like fully auto ea. Try vs1_3a u i think its a great improvement.


Hi Actionpl,

I found the vs1_3a works really well, just like what I wanted to, lets see on more test hopefully no other bugs. Many..many...thanx actionpl.


Regards,
SamuraiPower
  • #1,211
  • Apr 27, 2009 9:56pm Apr 27, 2009 9:56pm
Quoting ayoneeyee
The vs1_3a works but the question is, what is the actual time frame you place the EA, because I placed one on a 5M TF with HAS set to 240 TF and trendline drawn from 4HRs TF, and another on a 4HRs TF with HAS set to 240TF, and I'm kind of getting similar result. I remember we palce the original version on a 5M TF and drive it in the direction of the longer TF like daily, do we still follow this technique here?.

TIA.
Ayo.
Hi ayoneeyee, whatever the chart you are placing the EA it will have the same results since it is not fonction of the timeperiod that is on your chart.
This allow you to draw your trend line on any time period.

If you want to change the time period that you want to place the EA on, you need to change the following variable "Chart_Time_Frame" in the FireBird section. So if you want the EA to take decision base on 30 minutes charts, assign to this variable 30. ex. Chart_Time_Frame=30

Hope this clarify your results.
P.S. Remember, you will have to fine tune all the other parameters that have been setup on the EA for 5 min. Try it and let us know your results.

bye

ActionPl.
  • #1,212
  • Apr 28, 2009 11:51am Apr 28, 2009 11:51am
vs1-3a workin' good so far, still foward testing it...
  • #1,213
  • Apr 28, 2009 12:54pm Apr 28, 2009 12:54pm
Quoting Everett
I recently received a free indicator that I thought might be useful for determining the direction to drive the ea.

Its call trend magic. Might be worth testing this week. I don't know if it repaints.

EA and instructions included in the zip file.

I hope this helps everyone.

Everett,
I too an interested in that indicator. Please post here if you discover anything. They apparently are priming the market and gathering email addresses for an EA to be released soon. If it is based on some public code from one of these forums, I would prefer to have the actual code.
  • #1,214
  • Apr 28, 2009 6:35pm Apr 28, 2009 6:35pm
Working with indicators is not as good as mathematically deriving your longs/shorts. This is why firebird is good because you are using your own intuition to come up with the trend.

Jag
  • #1,215
  • Apr 28, 2009 8:18pm Apr 28, 2009 8:18pm
Hi SamuraiPower,
Thank you very much for sharing your trading strategy. I’ve been following this thread for a few weeks now and have gone live with your system about 2 weeks ago with pretty good success. Due to my own blunders though I lost all my profit this week. I have to learn to be patient. But anyway I was wondering if there was information available concerning the function of some of the settings in the latest version ea. For example:
“Section for Trend Analysis”
Trend Analysis – False (should these be set to true?)
Trenline Watch – False
Change order – 1
Reduce Factor – 2.0
“Section for Autotrade”
Manage Trade – False (is this the same as money management?)
Index – 1
I’m not really sure the function of these and many of the other settings. Thanks for all your help.
  • #1,216
  • Apr 28, 2009 9:08pm Apr 28, 2009 9:08pm
Quoting SamuraiPower
vs1-3a workin' good so far, still foward testing it...
Hi Samurai and Namrettik, i got a fast action price on AudUsd this morning and i had an Alert set at 30 and it when through whithout trigging the alert. So 30 as a minimum does not seem to be enough. I will increase my minimum to 40.

I thing we should have a safety net. What do you think about the following idea. Instead of looking only for Alert_xx in the description, i can make it to look for "Trend_Down_Alert_xx" or "Trend_Up_Alert_xx".

If the user set the alarm this way, i can have the EA stop trading even if hit gap across the trend.

This will allow us also to activate an other feature such as to trig a trade when we are in trend watch and when it hit our trend but still inside the window set by the alarm.

In this case you will put in the description of the trend something like:
"Trend_Down_Trade_Alert_xx" or "Trend_Up_Trade_Alert_xx"
In this case, the EA will initiate a trade according to our trend setup and only if the price action is inside the window define by xx.

Do you think that is worth to do that. It will make the EA more complex to setup. I can program it in such a way that if those key word are not there, it will continue to work as of vs1_3a

What do you think?

Antionpl
  • #1,217
  • Apr 28, 2009 9:20pm Apr 28, 2009 9:20pm
Quoting eph445
Hi SamuraiPower,
Thank you very much for sharing your trading strategy....
Start reading post of Samurai, namrettik and Actionpl from post 1047 and you should have all your answers.

bye
  • #1,218
  • Apr 29, 2009 5:15am Apr 29, 2009 5:15am
Thanks Again
  • #1,219
  • Apr 29, 2009 7:29am Apr 29, 2009 7:29am
Hi,
I have been dealling with different versions of Firebird for a while already with actually no succes. I have ran through this thread and found the idea of manual driving the EA very interesting and in fact the most profitable of all I've tried so far. Anyway seeing Your work to make the EA fully automatic I started to think about EA's in totally different perspective. I might be totally wrong however I think it might be worth a try, not only with Firebird but with other EA's as well.
Since most EA's evetuallly fail I started to think what would happen if the trade opening functions got reversed so that the EA instead of going long would go short in the same market setup.
Since I have no proramming skills at all I was able to do it only for simple EA's (MA cross mostly) what made no difference actually. However Firebird is more complex EA and as we all know in trending market it opens trades in counter trend direction more likely than along the trend. My request to Actionpl is then to reverse the trade opening functions in one of firebird's versions (can be the most basic one from the beggining of the thread) so that instead of going long it went short and vice versa. The rest can remain the same.
Sorry to bother You Actionpl. If this request would cost You too much time and effort then forget it but if not, I'd be grateful and of course promiss to post some outcome after I test it.
best regards to everyone
qba
  • #1,220
  • Apr 29, 2009 12:16pm Apr 29, 2009 12:16pm
Quoting Actionpl
Hi Samurai and Namrettik, i got a fast action price on AudUsd this morning and i had an Alert set at 30 and it when through whithout trigging the alert. So 30 as a minimum does not seem to be enough. I will increase my minimum to 40.
...........
Antionpl
HI Actionpl,

Does the "Reduce_factor" features still work when it happen?
on vs1_3a I set trend_watch and pop up alert to false everything seems to work ok.


Regards,
Samurai Power
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