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Generic Breakout V5

  • #81
  • May 17, 2009 3:06pm May 17, 2009 3:06pm
Example settings
0
false
false
false
false
true
0.1
false
05
true
true
100
false
100
true
true
100
true
100
false
30
false
50
1
21:06
07:09
20:51
10
false
100
1
1
1
  • #82
  • May 17, 2009 3:30pm May 17, 2009 3:30pm
Thanks, Ronald! One thing to clarify - do you enter the settings in the Expert properties in the Strategy tester window? If so, the number settings have four boxes against them - value, start, step, stop - which ones need to be changed? the last one or two seem to be changing automatically when the first two are changed...

Also, the 05 above is it the risk or the slippage? i think one of the two is missing from the list...
  • #83
  • May 17, 2009 3:37pm May 17, 2009 3:37pm
http://www.easyexpertforex.com/backt...imization.html
  • #84
  • May 17, 2009 4:21pm May 17, 2009 4:21pm
Thanks again! I'm running the EA now of GU starting from Feb 09 with some simple settings (no variable settings, t/p at 15, slippage 10), but trades don't seem to happen on all days and not a single short trade yet (in fact, i think those days when a short trade should have happened, no trade at all - settings are 1,1,1 for the last three...), what could be the reason for that?
  • #85
  • May 17, 2009 8:49pm May 17, 2009 8:49pm
Quoting Ronald Raygun
Nicole,

Risk is available equity.
Oh really? I'm able to backtest on FxPro, they're 5-digits.

MaxTradesPerDay is reset whenever the ResetTime is passed. What is the setting for your reset time?

Who is Kore?
What was the lot size?


In light of all the problems and big reports I've been getting, I've once again overhauled the EA, this time using Hanover's much simpler range-finding code.
[list][*]extern string Remark1 = "== Main Settings ==";[*]extern...
Hi Ronald,
Kore last posted on 12th May and he did some modification on your EA. I downloaded his and backtested them.
I was able to backtest it( FXDD with 4 digits) but there were 2 issues that i mentioned earlier ie
1) MaxTradesPerDay .......triggered more than 1 trade per day eventhough the settings were at 1.
2) No trades and datas for extra digits Brokers ie Alpari.(5 digits)


The MM was set at 2%. I did not use lot size.

As for the reset times.......i practically tried many many ie after,before and during the time range that was set. All of them has the same issue of triggering more than 1 trade per day.

And oh yeah, i downloaded your latest EA but i still can't backtest them ie it goes through the motions but at the end there were no datas/results. when the report was clicked, i could see the report format but zero datas.

Regards
  • #86
  • May 17, 2009 11:17pm May 17, 2009 11:17pm
Quoting nicole99
Hi Ronald,
Kore last posted on 12th May and he did some modification on your EA. I downloaded his and backtested them.
I was able to backtest it( FXDD with 4 digits) but there were 2 issues that i mentioned earlier ie
1) MaxTradesPerDay .......triggered more than 1 trade per day eventhough the settings were at 1.
2) No trades and datas for extra digits Brokers ie Alpari.(5 digits)


The MM was set at 2%. I did not use lot size.

As for the reset times.......i practically tried many many ie after,before and during the time range that was set....
Try a forward test. Tell me if the EA is painting the lines in the proper place.
  • #87
  • May 18, 2009 4:26am May 18, 2009 4:26am
Is the percentage of range used as SL and TP causing problems with orders??

Appears that it might be causing order send 130 errors.
  • #88
  • May 18, 2009 7:11am May 18, 2009 7:11am
Quoting Musashi
Is the percentage of range used as SL and TP causing problems with orders??

Appears that it might be causing order send 130 errors.
It's possible. There's a commented-out section of code with the function "MarketInfo" added in. Remove the "//" at the beginning of that line to enable it. You need to do this in both the BUY section as well as the SELL section.

What will happen is if the stoploss is too tight, the EA will place the minimum stoploss allowed, and send the trade through. I initially disabled it because some people might be using tiny ranges lasting a few minutes (hint: this is one way I trade currencies), and a 10 pip stoploss would be suicide.
  • #89
  • May 18, 2009 7:22am May 18, 2009 7:22am
Quoting Ronald Raygun
Try a forward test. Tell me if the EA is painting the lines in the proper place.

Ronald ,
I finally did it. The latest EA that you posted was able to backtest( or forward test as you guys like to call it).
The MaxTradesPerDay issue is now a non issue. It only trigger one trade per day finally. I just followed the reset time that you posted ie 20.51 in your post today.
But i have still not tried on 5 digits broker(Alpari). Will do that tomorrow.

However there is still some bug. It sometimes trigger trades before the End Time For The Range. For my case, i have an End Time of 9.00 am but some trades are triggered before that,usually between 8.30-9.00am.( but never before that). I thought that it was due to half an hour offset error but found out it was not the case because most of the time it was correctly trigger after 9am. This error happened about 2 or 3 times per month.

I am finally getting into the groove and i will post my results(backtest/forward test) . This is just great. Thanks again for the great work.
Regards
  • #90
  • May 18, 2009 2:33pm May 18, 2009 2:33pm
Is there a feature that I'm not aware of in the EA whereby I can stipulate a time after which the EA isn't to take anymore trades until the next day? Would the re-set function accomplish that?
  • #91
  • May 18, 2009 3:18pm May 18, 2009 3:18pm
Reset function doesn't do that. It just resets the trade count.

The EA should stop trading once it reaches the new start time. Anyone here want a "stop" time? And more importantly, is it between stop and start? or stop and end of range? When is the no trading rule?
  • #92
  • May 18, 2009 3:23pm May 18, 2009 3:23pm
Hi,

Great work with the EA RR. Thanks!
  • #93
  • May 18, 2009 3:40pm May 18, 2009 3:40pm
Hi Ronald,

Thank you for your great work on the generic EA. I have just started to test it. In an earlier post you said that the EA was based on the Bog Dog Strategy and Nomoretoxic strategy. However, from what I have seen it does not appear that the EA takes into consideration the breakout-pullbackl as per nomoretoxic. I appreciate your great work, however, if at all possible would you be able to incorporate the breakout-pullback on a 5 minute chart. Thank you.

fxpilot
  • #94
  • May 18, 2009 4:09pm May 18, 2009 4:09pm
Quoting fxpilot
Hi Ronald,

Thank you for your great work on the generic EA. I have just started to test it. In an earlier post you said that the EA was based on the Bog Dog Strategy and Nomoretoxic strategy. However, from what I have seen it does not appear that the EA takes into consideration the breakout-pullbackl as per nomoretoxic. I appreciate your great work, however, if at all possible would you be able to incorporate the breakout-pullback on a 5 minute chart. Thank you.

fxpilot
How do you code in a pullback? That's what I can't do. Otherwise I would write an EA exclusively for that.

Nomoretoxic's system started out like BigDog, but different timeframes.
  • #95
  • May 18, 2009 7:58pm May 18, 2009 7:58pm
The reason that I'd like to see a stop time in the EA is that I've found that some of the stronger breakouts happen in the first hour or two after the ranging period. Without a stop time the EA may place a trade later in the time frame when the price just happens to meander over the trigger price with no real purpose. Now I'm in a trade with no breakout power. I think it would be beneficial to have this feature.
  • #96
  • May 18, 2009 9:40pm May 18, 2009 9:40pm
Quoting reb5035
The reason that I'd like to see a stop time in the EA is that I've found that some of the stronger breakouts happen in the first hour or two after the ranging period. Without a stop time the EA may place a trade later in the time frame when the price just happens to meander over the trigger price with no real purpose. Now I'm in a trade with no breakout power. I think it would be beneficial to have this feature.
That still doesn't answer my question regarding how to enable the "stop trading" time. Should it be between the stop time and range start? stop time and range end? stop time and reset time?
  • #97
  • May 19, 2009 12:19am May 19, 2009 12:19am
Quoting Ronald Raygun
Reset function doesn't do that. It just resets the trade count.

The EA should stop trading once it reaches the new start time. Anyone here want a "stop" time? And more importantly, is it between stop and start? or stop and end of range? When is the no trading rule?
Hi,

A complete start/stop time function for the whole EA would be great. That is setting times when the EA will be active.

Regards

Archie
  • #98
  • Edited 4:51am May 19, 2009 3:41am | Edited 4:51am
Quoting Ronald Raygun
That still doesn't answer my question regarding how to enable the "stop trading" time. Should it be between the stop time and range start? stop time and range end? stop time and reset time?
Set EA so that it can trade multiple hours per day in blocks.

Block 1 Start Time and End Time --> Calculate Range and set orders (Enable/Disable)
Block 2 Start Time and End Time --> Calcuate Range and set orders (Enable/Disable)
Block 3 Start Time and End Time --> Calcuate Range and set orders (Enable/Disable)
Block 4 Start Time and End Time --> Calcuate Range and set orders (Enable/Disable)

Each Block period is independant of the previous one and each block period has it's own order management.

Trade management as per % of Range, rounded to the nearest round number to prevent order errors. Use minimum SL size as default if % of Range is smaller than minimum as allowed by broker.

Trailing SL based on (Y) x ATR (X) giving a dynamic Trailing SL based on Chart Characteristics at the time of trading. As ATR (X) increases or decreases then SL size is adjusted accordingly to the nearest round number to prevent order issues. Use minimum Trailing SL size as default if Trailing SL is smaller than minimum as allowed by broker.

Move SL to Break Even once in Profit "X" number of pips.

Initial Fixed SL based on a Multiple of ATR (X) for example 2 x ATR (14)

That should just about cover it.

All the usual money management etc.

  • #99
  • May 19, 2009 6:49am May 19, 2009 6:49am
Ronald -

It is my understanding that the start/end times in the EA identifies the range to trade against. After the "end" time the EA is free to trade looking for a breakout up out of the range (up or down). Reaching the end of the range signals the EA to START looking for a trade. This is the point that I'd like to have a STOP capable of telling the EA not to looks for anymore trading opportunities in this 24 hour period. Does that make any sense?
  • #100
  • May 19, 2009 8:53am May 19, 2009 8:53am
Ronald -

Can you confirm that when the parameter "Eachtickmode" is set to false the EA will wait until the close of a bar to determine if a trade meets the requirement of a trade. It should be based on the close of the bar not the high of the bar - correct? I had an instance of a spike on the USDCAD this morning where the high triggered a trade but the bar never closed above the threshold. [IMG]file:///C:/DOCUME%7E1/bellr/LOCALS%7E1/Temp/moz-screenshot.jpg[/IMG]
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad0519.gif Size: 28 KB
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