"vForce" the revolution | Page 53 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies

vFORCE EU Only 273 replies

It’s our job to trade "Futures" not "Histories", by Joe Ross 7 replies

vForce EA 18 replies

Attachments: "vForce" the revolution
Exit Attachments

"vForce" the revolution

  • #1,041
  • May 5, 2009 10:04pm May 5, 2009 10:04pm
Quoting forexisfx
richboy1972 , i got this error from the EA.

2009.05.06 08:17:42 vForceAlerts EURUSDFXF,M15: EURUSD not found, need to change the BrokerEuroSymbol=EURUSD setting to match your broker.
It seems to be an error going from vForceAlerts indicator. As show you should set BrokerEuroSymbol=EURUSD in the indicator's properties..
I'll send a bottle of wine to my first voucherer ;-)
  • #1,042
  • May 5, 2009 11:14pm May 5, 2009 11:14pm
I'm finding that even with the stop loss set to 20 pips I'm getting consistent 100 point stop outs. They're not over the weekend either. Are you sure the sL in the ea is functioning correctly richboy?
  • #1,043
  • May 6, 2009 12:22am May 6, 2009 12:22am
Quoting e-piphany
I'm finding that even with the stop loss set to 20 pips I'm getting consistent 100 point stop outs. They're not over the weekend either. Are you sure the sL in the ea is functioning correctly richboy?
The SL is automatic, is the vforcealert rule that get the sl level. The properties you set is only for manually opened orders with sl =0. In this case the ea set the sl with the value you have decided.
I'll send a bottle of wine to my first voucherer ;-)
  • #1,044
  • May 6, 2009 1:33am May 6, 2009 1:33am
Quoting richboy1972
It seems to be an error going from vForceAlerts indicator. As show you should set BrokerEuroSymbol=EURUSD in the indicator's properties..
I input correctly for the indicator. The error message comes from the expert tab. Also, the EA isn't making any trade so far.
  • #1,045
  • May 6, 2009 4:22am May 6, 2009 4:22am
Reat work richboy1972...this system manually followed makes money...does your EA switch over to the retracemend signals and follows it with the sl and tp rules?
The last two days it made some great trades but it had reversed the signals to make a profit.

Quoting richboy1972
The SL is automatic, is the vforcealert rule that get the sl level. The properties you set is only for manually opened orders with sl =0. In this case the ea set the sl with the value you have decided.
  • #1,046
  • May 6, 2009 5:30am May 6, 2009 5:30am
Quoting joforex
Reat work richboy1972...this system manually followed makes money...does your EA switch over to the retracemend signals and follows it with the sl and tp rules?
The last two days it made some great trades but it had reversed the signals to make a profit.
Maybe you are using the vforceedge as indicator. The EA uses the vforcealerts and follow that rules for confirmation candle (wait 1 hour) and sl setting. Doesn't reverse the signal.

For now I think that the option to manage also manually started orders is a great idea ( ;-)) ) and works fine.
What I think is missing is a better exit rule, but this is the receipt to become a "richboy" and is still in progress ;-)
Thanks.
I'll send a bottle of wine to my first voucherer ;-)
  • #1,047
  • May 6, 2009 7:28am May 6, 2009 7:28am
can i ask you how to set min account equity? i would like open 2 or max 3 pending orders; i don't understand at what valor set it up. Ty


P.S.buy pos on 1.3328 tp at 1.3436 nice profit on live acc (little tp because i'm a bit scared on eurusd )
  • #1,048
  • Edited 11:43am May 6, 2009 7:44am | Edited 11:43am
tx's richboy.....exit:

there is no such rule i believe to enforce exit with the trailing stop nor profit targets. we don't know what mood the market is today. is it a 50 pip or 250 pip day range. a range count for the last 30 of 1minute bars gives a good range for exit or trailing.

if you look at the chart you see price clusters that form in 5 - 6 - 7 -8 price bar moves before retreat from lows or highs...that is our internal range for that time now we can build a price force indicator that shows us how many pips to expect for profit or stops. if those widen we have strong moves and vice versa. accoridng to that mood of the day we can predict price retreats and price advances. it could be 3:1 or 6:1 that day. and in accordance with some trading rules markets like to retest the highs and lows of the pre-markets around the globe. i guess the ea should just work for 3 huors in each market london, new york and tokyo.


if you look at todays first twenty minutes of opening gmt time and than take that first two range bars than the range break down and you may have a first profit target for the day! like flip it up mirror view.

Or you do use fibo s&r levels after a trade has confirmed as get out targets. We can use these levels due after a signal to build a position up. So we go in with the first 1/3 wait for retrace or if first price force level seems to be taken out we get in with the move of the signal direction.

Otherwise Mr. Rich you are close!

Quoting richboy1972
Maybe you are using the vforceedge as indicator. The EA uses the vforcealerts and follow that rules for confirmation candle (wait 1 hour) and sl setting. Doesn't reverse the signal.

For now I think that the option to manage also manually started orders is a great idea ( ;-)) ) and works fine.
What I think is missing is a better exit rule, but this is the receipt to become a "richboy" and is still in progress ;-)
Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: new_by_josef_1.gif Size: 53 KB
  • #1,049
  • May 6, 2009 10:49am May 6, 2009 10:49am
Can anyone please explain why the signal attached below failed?And are there any additional filters one can apply to avoid such occurences.
Attached Image (click to enlarge)
Click to Enlarge Name: failed signal.gif Size: 17 KB
{Promotion Removed}
  • #1,050
  • May 6, 2009 1:00pm May 6, 2009 1:00pm
Quoting sojmann
Can anyone please explain why the signal attached below failed?And are there any additional filters one can apply to avoid such occurences.
I mean you "could" add in an RSI or an EMA or something of the likes, which i wouldn't reccomend, but remember that no system is perfect so you've just gotta roll with the punches, and make sure you place your stops correctly so something like that doesn't wipe you out.

On the subject of exits, I pulled up the vForce alert indicator on the EURJPY m15 today which seemed to be a lot more sucessful than the EURUSD today, just open it up and see for yourself. And while examining the positions I saw that psyche levels may proove to be great exit points for this stratergy. By psyche levels I mean prices ending in at say... 131.00, 131.5, 132, 132.5 or 1.3100, 1.2950. For example have a look at this chart below, possible exits shown with a white arrow, Positioned on psyche levels, corresponding to the latest signal (red or blue box label)
Attached Image
  • #1,051
  • May 6, 2009 1:37pm May 6, 2009 1:37pm
my demo account running the ea keep getting this error

2009.05.06 21:30:09 RichBoy1972vForce EURUSD,M15: ERRORE: 131 BUY STOP - Price: 1.33370000 TP: 1.34750000 SL: 1.32820000

any idea?
  • #1,052
  • May 6, 2009 1:48pm May 6, 2009 1:48pm
Quoting motyalt
my demo account running the ea keep getting this error

2009.05.06 21:30:09 RichBoy1972vForce EURUSD,M15: ERRORE: 131 BUY STOP - Price: 1.33370000 TP: 1.34750000 SL: 1.32820000

any idea?
The error 131 is "Invalid trade volume." What's your account currency? What's your AccountEquity? How many lots the ea try to buy?

Thanks.
I'll send a bottle of wine to my first voucherer ;-)
  • #1,053
  • May 6, 2009 3:06pm May 6, 2009 3:06pm
hi richboy
have you tryed the ea on other pairs? or is it best on the eurusd?

oddien
  • #1,054
  • May 6, 2009 3:29pm May 6, 2009 3:29pm
Quoting oddien
hi richboy
have you tryed the ea on other pairs? or is it best on the eurusd?

oddien

I'm testing the EA on EURUSD, but the code I wrote is indipendent by the pair. We should ask to RobDee e ForexJedi how works the vForceAlert with other pair.
I'll send a bottle of wine to my first voucherer ;-)
  • #1,055
  • May 6, 2009 7:16pm May 6, 2009 7:16pm
I did recently run the EA on 6 pairs, EURUSD, USDJPY, GBPUSD, EURJPY, GBPJPY AND AUDJPY for about 24 hours with default settings. I've attached a capture of the account summary. This account was opened specifically to test this EA. No other trades are part of these results.

As I observed the EA in progress I did notice that some of the trades took some considerable heat. Most recovered just fine but I'm not sure if that was shear luck of not. Overall it does really well. As others have stated I think maybe some work on the exit strategy side might be needed.

I was impressed! Nice job RichBoy.
Attached Image (click to enlarge)
Click to Enlarge Name: TradeSummary.gif Size: 19 KB
  • #1,056
  • May 7, 2009 11:47am May 7, 2009 11:47am
Quoting motyalt
my demo account running the ea keep getting this error

2009.05.06 21:30:09 RichBoy1972vForce EURUSD,M15: ERRORE: 131 BUY STOP - Price: 1.33370000 TP: 1.34750000 SL: 1.32820000

any idea?
I hava introduced the parameter where you can set your eurusd symbol. soon available ;-))
I Quoted the wrong message ! This post is referred to the problem with eurusdfxf symbol...
I'll send a bottle of wine to my first voucherer ;-)
  • #1,057
  • May 7, 2009 7:02pm May 7, 2009 7:02pm
Richboy,

Question, I don't know how to use your EA on metatrader, Can you walk me step by step on how to use it, It looks interesting.

Thanks for help
  • #1,058
  • May 7, 2009 10:40pm May 7, 2009 10:40pm
Richboy,

I am getting error saying Trade not allowed, EA stopped, Whats going on? Do you know?

Thanks
  • #1,059
  • May 8, 2009 1:42am May 8, 2009 1:42am
Quoting klmklm
Richboy,

I am getting error saying Trade not allowed, EA stopped, Whats going on? Do you know?

Thanks
I have the same error.
  • #1,060
  • May 8, 2009 2:26am May 8, 2009 2:26am
Quoting yilong
I have the same error.
The EA executes this part of code when start:

if(!IsTradeAllowed() || !IsConnected())....

so I think it could be an error of the platform...
But this code is not necessary, so I can remove this part if it doesn't work well.
As soon as possible I post the fixed version.
Thanks for your feedback.
I'll send a bottle of wine to my first voucherer ;-)
0 traders viewing now