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"vForce" the revolution

  • #1,121
  • May 14, 2009 8:06am May 14, 2009 8:06am
Quoting nexo78
2.5


Just done a profit pos with 0.60+0.40 lots on gbpusd .. gained again

(loss operation only when the lines of mama indicators are close 7:30-11:30 it hours)

Last 2 operation was my enter but managed by richboy because it was disabled after the losses
nexo,
You are showing 6 trades on the 14th, although 3 were negative and 3 were positive.
I had 1 negative trade only.
Would you please post your settings so I can compare where they differ.
Thanks
PipBear
  • #1,122
  • May 14, 2009 8:38am May 14, 2009 8:38am
Quoting PipBear
nexo,
You are showing 6 trades on the 14th, although 3 were negative and 3 were positive.
I had 1 negative trade only.
Would you please post your settings so I can compare where they differ.
Thanks
PipBear
i've default settings; i only tried different tp 5 to 12 pips .

My operation are in a live account with 2 pips spread
  • #1,123
  • May 14, 2009 10:29am May 14, 2009 10:29am
Quoting richboy1972
I'm studying hard to integrate the vForceAlert with something to avoid fake signal. Now I'm testing a new indicator that seems work fine.
Hi Richboy,

What indicator would that be?

Thank you.
  • #1,124
  • May 14, 2009 10:50am May 14, 2009 10:50am
Quoting richboy1972
I'm studying hard to integrate the vForceAlert with something to avoid fake signal. Now I'm testing a new indicator that seems work fine.
Great, it does seem at the moment the trades that are canceled have proved that they would have been profitable
Pip Goes The Weasel
  • #1,125
  • May 14, 2009 1:42pm May 14, 2009 1:42pm
Quoting adrazz
Great, it does seem at the moment the trades that are canceled have proved that they would have been profitable
Trade are cancelled after 4 candle for default setting (vforcealert rule). But is a parameter you can try change.
I'll send a bottle of wine to my first voucherer ;-)
  • #1,126
  • May 14, 2009 3:27pm May 14, 2009 3:27pm
2009.05.14 16:29:57 RichBoy1972vForce EURUSD,M15: Error sending BUY STOP order for 0.24000000 lots. Error = 131

hi i get this error and i know why
im running the ea on a demo account that have a minimum lot size of 0.1 lot so 0.24 lot is not allowed
can you fix that?
  • #1,127
  • May 14, 2009 3:31pm May 14, 2009 3:31pm
Quoting motyalt
2009.05.14 16:29:57 RichBoy1972vForce EURUSD,M15: Error sending BUY STOP order for 0.24000000 lots. Error = 131

hi i get this error and i know why
im running the ea on a demo account that have a minimum lot size of 0.1 lot so 0.24 lot is not allowed
can you fix that?
Sure, thanks for the feedback.
I'll send a bottle of wine to my first voucherer ;-)
  • #1,128
  • May 15, 2009 2:49am May 15, 2009 2:49am
Quoting richboy1972
May 8, 2009 9:33am ....
Thanks Richboy, I'll try it out.

Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #1,129
  • May 15, 2009 3:45pm May 15, 2009 3:45pm
I set this EA up on a practice account and it has been trading all along pretty well; I have had it on my real account for a few days and I have not had any trades. The only setting I have different is I set the risk at 1.5. I was just wondering if this would affect the trades, or be the reason I have not had a trade at all. Thanks
  • #1,130
  • May 16, 2009 10:38am May 16, 2009 10:38am
I want to say a big thank you to forexjedi and his team in developing this beautiful indicators and template. I so much love it that i was only hoping the EA would be made possible based on the Vforce rules. Then came Richboy1972 with the EA so that we do not have to placed the stop orders each time we get the signal. This has been a huge success for all of us and am really glad and happy you all took your precious time in developing these.

I had started using the VforceAlerts on my live account and had made good trades. Then yesterday i started the Vforce EA on a demo account and it really performed well. i am still demo trading it and once i have 2-3 weeks data am going to post it here.

Once again thank so much for this.Hope to stay in touch.

Jebrills...
  • #1,131
  • May 17, 2009 4:02am May 17, 2009 4:02am
Richboy, could you explain exactly what does the ProfitLossRatio do to the TP's? 'Cause I don't see it. Thanks.

And Jebrills, you data will certainly be appreciated.
  • #1,132
  • May 17, 2009 9:35am May 17, 2009 9:35am
Quoting Alec
Richboy, could you explain exactly what does the ProfitLossRatio do to the TP's? 'Cause I don't see it. Thanks.

And Jebrills, you data will certainly be appreciated.
The SL is setted by the vForceAlert rule. For example 60pips. Then the TP is set to 60 * ProfitLossRatio pips.

This parameter is useful if you override the main rule (TP1 at 20pips closing 80% of your order....)
I'll send a bottle of wine to my first voucherer ;-)
  • #1,133
  • Edited 6:58pm May 17, 2009 3:20pm | Edited 6:58pm
Let me see if I get it.

Default settings are:
P/L Ratio=2.5
TP1=20 pip, 60%
TP2=60 pip, 20%
TP3=90 pip, 20%

In my EUR/USD chart, the last signal was Friday at 17:30 (GMT+2): Sell at 1.3555, SL at 1.3595. This would make SL=40 pip. With default settings, TP should then be 40*2.5=100 pip, right?

Yet the EA took 60% profit at 20 pips. What am I missing here?

Edit: Never mind, Richboy. I think I had P/L Ratio set to 0. Sorry.
  • #1,134
  • May 17, 2009 3:21pm May 17, 2009 3:21pm
Try Vforce with TriggerLines indicator
Attached File(s)
File Type: mq4 TriggerLines.mq4   4 KB | 639 downloads
  • #1,135
  • Edited 4:15am May 18, 2009 2:46am | Edited 4:15am
Here the new release.
1. I have fixed a little bug on the lotsize.
2. Time control improved. now StartTradingHour can be greater then EndTradingHour (some one ask for this...)
3. New parameter: OverrideVForceSL. If you set this to true, then the SL pips will be set to ForceStopLossPips, overriding the vForceAlert rule.
4. Removed the MAMA_v1 extern indicator. It isn't useful for the exit strategy
5. Some adjustment to default settings

As usual I suggest to test this release on a demo account before trying live.
Thanks all for your feedbacks.
Attached File(s)
File Type: zip RichBoy1972vForce.zip   22 KB | 712 downloads
I'll send a bottle of wine to my first voucherer ;-)
  • #1,136
  • May 18, 2009 3:17am May 18, 2009 3:17am
Richboy

A quick question, does my pc have to be on in order for the EA to open trades. It seems to be that way in my demo.

Cheers
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #1,137
  • May 18, 2009 3:24am May 18, 2009 3:24am
i have a question...
what type of broker must be used for this EA ??? 4digits or 5digits?????

Saly
  • #1,138
  • May 18, 2009 3:50am May 18, 2009 3:50am
Quoting $aly
i have a question...
what type of broker must be used for this EA ??? 4digits or 5digits?????

Saly
The EA works with 4 or more digits.
I'll send a bottle of wine to my first voucherer ;-)
  • #1,139
  • May 18, 2009 4:15am May 18, 2009 4:15am
Quoting Ezzy
Richboy

A quick question, does my pc have to be on in order for the EA to open trades. It seems to be that way in my demo.

Cheers
Ezzy
Sure...
I'll send a bottle of wine to my first voucherer ;-)
  • #1,140
  • May 18, 2009 4:20am May 18, 2009 4:20am
Quoting richboy1972
Sure...
Thanks Richboy, I guess I will have to leave my pc on more often.

Cheers
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
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