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Semi automatic EA (Driven Version)

  • #1,281
  • May 5, 2009 10:11am May 5, 2009 10:11am
Hi all,

Just updating my first post so people who just came to this thread not confuse about how to trade with this system.

Regards,
Samurai Power
  • #1,282
  • May 5, 2009 10:30am May 5, 2009 10:30am
Hi Samuray.

You posted a link on how to set trendline: So, if you want to take advantage of this new feature, just fill the description trend line the following way otherwise keep the same method as before.
Ex:
"UpTrend_Alert_xx" or DownTrend_Alert_xx"

All I can manage in my metatrader are to draw a line... where and how do you write in the alerts up and down? And how to put so that the EA responding to it? I thought you had to check "Trendline_Watch:" true for it to work...

Regard Oddien
  • #1,283
  • May 5, 2009 12:46pm May 5, 2009 12:46pm
Quoting gasgas
How are you all doing? I don't post much anymore but this is still my #1 thread. I must admit, that I lost myself in all EA upgrading, but wish you all best to achive what will work for you best.
Below is a template that I use and nothing more. And a signal that I would take (I did take). I close all trades within 24hours, usually before NY open, that way things can't get out of control. It depends what news is coming up, but usually I don't trade in major news (reds). I started to study candle patterns more intense, combining with S/R lines, current...


Hi GasGas
I found your indicator very interesting and so far have found a good many pips on my demo a/c
Obviously the spikes speak for them selfs but how do you interprite the other two indicators?
Regards
  • #1,284
  • May 5, 2009 1:24pm May 5, 2009 1:24pm
You can always create 2 templates for this, one for LONG only and the other for SHORT only. That's what I did, Short only template has purple background and Long only has aqua background, that way i don't have to re-check EA all the time. i hope this helps a little bit.

Ayo.
Quoting AndyM-pips
Hi everyone,

Well done on the work carried out till now by all contributors. I have been following this thread from early days, and lately I have been running a small live micro account on it as well. Very impressive strategy. Wish to confirm what other writers in this thread have stated over and over.......use discipline and have trust in your stop losses, keep emotion out of it.

A small feature which will assist in manual drive trading, is to display in the top corner of the screen, whether the EA has been set to Long, Short or Both. With...
  • #1,285
  • May 5, 2009 1:24pm May 5, 2009 1:24pm
Hi

Interesting EA and a fantastic work! By default Reduce_factor: 2.0 but in Samurajs instruction he wrote 20. Do you use 20 or did you forget the . ?

Regards
Elovv
  • #1,286
  • May 5, 2009 2:01pm May 5, 2009 2:01pm
if u set to 2 then the sl will devide by 2, so if u put 300sl it would be 150, just like actionpl said if u want to make the ea close all opening posision set reduce factor to a bigger number such as 20 or higher
  • #1,287
  • May 5, 2009 2:42pm May 5, 2009 2:42pm
hi, guys!
i'm new with this ea, and sorry for my noobs questions
i started EA on 5min EU chart, and according to daily chart drive EA only long, so i got 2 trades at 1,3381 and 1,33430 its ok according 40 pipstep, but why EA didnt get new trade at 1,33030 with maxopenorders=5 ?
  • #1,288
  • May 5, 2009 4:15pm May 5, 2009 4:15pm
EA seems to work perfect. Have it on 10 pairs with Samurais settings. I have write a trendline in every chart. If trendline is hit...am I protected and the EA stop trade + close all trades?
Or do I have to write something somewere on the trendline?

Elovv
  • #1,289
  • May 5, 2009 4:17pm May 5, 2009 4:17pm
Quoting SamuraiPower
TheGabriel, nice work u have, keep learn specially when the major trend reverse, trendline will helps u a lot, and btw i only got +1300pips and +100pips floating on GU and EU with "Long Only" mode in 5 days trading.
Thanks Samurai Power, all credits go to you as i just followed what you provided.

I think the key is to understand the price movement on the Daily chart, I'm starting to consider more currencies together to understand the general trend for the Euro for example. I also watch weekly and monthly charts to get a better idea. I think the EA has not to be set every day, it depends but i think that if we're not very close at a resistance on the daily chart we can keep it on Long or Short for 2-3 or more days.

I mean, if Eur/USD is buy on daily, Eur/CHF too and USD/GBP is sell, and eventually EUR/GBP is buy this mean.

SO: We have a strong Euro that is stronger than USD, CHF and the Pound, but if the Pound is stronger than USD this obviously, the Eur is stronger than the USD too (as it is stronger than the GBP).

It's called currency crossover if i'm right.
"Hate the sin, love the sinner." - Gandhi
  • #1,290
  • Edited 5:25pm May 5, 2009 5:08pm | Edited 5:25pm
Quoting Koyco
Hi GasGas
I found your indicator very interesting and so far have found a good many pips on my demo a/c
Obviously the spikes speak for them selfs but how do you interprite the other two indicators?
Regards
Hey Koyco

I guess you mean Channel, yes these two green lines usually represent strong resistance/support lines. I love that indicator. In the bottom, is stochastic indicator for overbought/oversold area +divergence lines. If you not familiar with divergence, I suggest to read some info about that. I would not suggest trading against divergence, its almost like trading against trend (in my opinion). See pic below to get an idea...Very cool stuff for confirmation

Regards,
Attached Image (click to enlarge)
Click to Enlarge Name: divergence.gif Size: 34 KB
  • #1,291
  • May 5, 2009 6:57pm May 5, 2009 6:57pm
Ok, thanks gasgas for the Stochastic Divergence indicator. I'm using this, plus another one for crosses that catches major trends.

So basically it's samurai power's chart, plus the QQE indicator I use and the Stochastic Divergence.

I made a zip file, with the chart template.tpl and all the indicators you need to make it easier for everyone. Attached an image too that explains.

I'll sum up the rules for my chart:
1) Watch for an arrow on the chart.
2) Check the Stochastic Divergence indicator for the cross.
3) The QQE indicator direction has to confirm the trend. A cross of the red dotted line or a 50 line cross. The QQE will not confirm smaller crosses as the Stochastic Divergence does, however the system will get the needed pips even with smaller crosses if we enter immediately after the arrow/stochastic cross without waiting for 1 candle to close..

As you can see the Stochastic Divergence indicator catches more swing trades (check the picture), while the QQE is a strong trend indicator that can help you draw trend lines and get the direction on long term, 1 week or more.
Attached Image (click to enlarge)
Click to Enlarge Name: SamuraiPower.jpg Size: 77 KB
Attached File(s)
File Type: zip SamuraiPower-TheGabriel's Template.zip   7 KB | 793 downloads
"Hate the sin, love the sinner." - Gandhi
  • #1,292
  • May 5, 2009 8:50pm May 5, 2009 8:50pm
Quoting pipcruiser
Hi again,

thank's for your reply.

I searched the thread, but couldn't find answer to this one:

Can I disable the DV limit function? Even I have set "Use V63 Divergence" to "false" I dont get any trades due to low Divergence.

I would like to disable the divergence, can I do that? II also tried to set it to 500, but still no trades (GJ).

Thank's in advance,

PC
Hi, you need to set your EA the following way.

Set your variable "DivergenceLimit" at a large number it is set to 0.002 by default.
Set variable Use_"V63D_Divergence" at false.

Bye
  • #1,293
  • May 5, 2009 8:56pm May 5, 2009 8:56pm
Quoting oddien

You posted a link on how to set trendline: So, if you want to take advantage of this new feature, just fill the description trend line the following way otherwise keep the same method as before.
Ex:
"UpTrend_Alert_xx" or DownTrend_Alert_xx"

All I can manage in my metatrader are to draw a line... where and how do you write in the alerts up and down? And how to put so that the EA responding to it? I thought you had to check "Trendline_Watch:" true for it to work...

Regard Oddien
Read back post 1110 for a complete description.
Here the section in ref. to trendline description
"To set this trendline description you need to double clic on the trendline, then right clic while having your cursor on the trend line, you will see a popup window with trendline properties, clic on trendline properties, you will have the popup window with the description field blank. Double clic on the description field and enter your alert as described above."

bye
Actionpl
  • #1,294
  • May 6, 2009 3:25am May 6, 2009 3:25am
Thanks for answer Actionpl

Just wondering, what pair are you guys in a trend with now? I set downtrend on usd-jpy, eur-usd, eurjpy. Made about 250 pips so far, but not to good now Suddenly they all turned against me, maybe I was to fast determing a change of trend....

Oddien
  • #1,295
  • May 6, 2009 5:07am May 6, 2009 5:07am
Quoting SamuraiPower
Hi all,

I'll repeat it again.

This is my Firebird-v63H04_Heiken_Ashi_Trend_vs1_3b setting modified by our good friend actionpl (its 5 digits platform setting)

TrendAnalisys: True
EmailAlert: False
PopUpAlert: False
Trendline_Watch: False
ChangeOrder: 1
Reduce_factor: 20
ManageTrade: False
HeikenAshiTimeperiod: 240
Index: 1
Email: False
ChartTImeFrame: 5
MA_length: 10
MA_Timeframe: 15
MAType: 0
Percent: 0.01
TradeOnFriday: 1
Slip: 100
Lots: 0.1
MaxOpenOrders: 5
SafeArea: 50000
Pipstep: 400
TakeProfit: 1000
StopLoss: 3000
Trailing StopFlag:...
i'm newbie in forex, can you share setting for 4 digit broker in Firebird-v63H04_Heiken_Ashi_Trend_vs1_3b ea ?

thx
  • #1,296
  • Edited 6:43am May 6, 2009 6:42am | Edited 6:43am
hi!
If trend changes, should i manual closs open position to reduce DD, or waiting till Sl hit?
Another one, i did tried to draw TL named UpTrend_Alert_45, and switched TrendLineWatch to true, it showed "Trades Disabled - Waiting for Trendline activation" and thats all.
Can someone help with it ?
  • #1,297
  • May 6, 2009 7:10am May 6, 2009 7:10am
Quoting TheGabriel
Ok, thanks gasgas for the Stochastic Divergence indicator. I'm using this, plus another one for crosses that catches major trends.

So basically it's samurai power's chart, plus the QQE indicator I use and the Stochastic Divergence.

I made a zip file, with the chart template.tpl and all the indicators you need to make it easier for everyone. Attached an image too that explains.

I'll sum up the rules for my chart:
1) Watch for an arrow on the chart.
2) Check the [b]Stochastic...

Hi Gabriel

Thank you for the TL I am trying it out to see how it goes though it looks very straightforward.
What TF do you find works best and where do you place your ST & TP also as a matter of interest, which is you favourite style of trading?
Regards
Koyco
  • #1,298
  • May 6, 2009 8:31am May 6, 2009 8:31am
No matter how much I try I canīt get this to work. When I drag the EA to my chart it just doesnīt show up like nothing happens, the same as when I drag the indicators , they donīt show up on my charts, very strange, as everything else is working well... hmmm
  • #1,299
  • May 6, 2009 8:58am May 6, 2009 8:58am
Quoting Koyco
Hi Gabriel

Thank you for the TL I am trying it out to see how it goes though it looks very straightforward.
What TF do you find works best and where do you place your ST & TP also as a matter of interest, which is you favourite style of trading?
Regards
Koyco
The system you're seeing has to be used with the Firebird EA (you find the details in the first post) provided by Samurai Power.

The chart I'm using, is on Daily and has to be used to decide the trend Buy or Sell and set the EA to trade only in one direction.
"Hate the sin, love the sinner." - Gandhi
  • #1,300
  • May 6, 2009 9:51am May 6, 2009 9:51am
Quoting ayoneeyee
You can always create 2 templates for this, one for LONG only and the other for SHORT only. That's what I did, Short only template has purple background and Long only has aqua background, that way i don't have to re-check EA all the time. i hope this helps a little bit.

Ayo.
Thanks!

Can do. Regards
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