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H1Scalper System (MTF D1,H1,M5)

  • #361
  • Edited 2:40pm Jun 11, 2009 2:14pm | Edited 2:40pm
UPDATE BasketTrader v4.3

I tryed to fix the old errors, and I hope to have not inserted too many other errors...

- A little problem: if you replace an old version with a new version, is possible that you become new orders in the EA, which would not have made from the old version...
The same if you change properties.

- A little remark about order closing: if a title which was traded in the first half of the ranked pairs, if it comes in the second half is automatically closed.
.
Attached Image (click to enlarge)
Click to Enlarge Name: basket_43a.gif Size: 18 KB
Attached File(s)
File Type: ex4 BasketTrader DB_EAv4.3.ex4   79 KB | 818 downloads
  • #362
  • Jun 11, 2009 2:32pm Jun 11, 2009 2:32pm
Remark:

if in the Terminal window you activate the "Comment" column, you can see the rank position of the pairs at the order open time.

If later when the pairs change the rank positions, is easy to see the differences.
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Attached Image (click to enlarge)
Click to Enlarge Name: Comment.PNG Size: 5 KB
  • #363
  • Jun 11, 2009 3:46pm Jun 11, 2009 3:46pm
I noticed the error messages on modifying the SL too. It's good some people already reported the problem. I hope this version will correct the bug. Also, from my observations, I found out the exit strategy is not really performing well, I had the EA on 2 charts, one contains just the DB and the other had the DB and TradeManager EA (for SL mangement). The chart with the SL management performed execellently than the other. Thus,I think the best way to use the DB for now is take the Entry signals from the DB , then manage the trade with some other tools you feel comfortable with, just like irathi is doing now. The DB gives excellent Entry signals, no doubt about that, I have really come to trust the signals I receive.

Another observation, I noticed that the currency pairs in the top-half of the DB performed excellently than those below. I delibrately set the trade function to -1 on one of my DB just to confirm if the ranking actually have effect on the performance of the trading. I think the ranking feature is really a good function in determining low risk, high reward trades.

Quoting SwingMan
UPDATE BasketTrader v4.3

I tryed to fix the old errors, and I hope to have not inserted too many other errors...

- A little problem: if you replace an old version with a new version, is possible that you become new orders in the EA, which would not have made from the old version...
The same if you change properties.

- A little remark about order closing: if a title which was traded in the first half of the ranked pairs, if it comes in the second half is automatically closed.
.
  • #364
  • Jun 11, 2009 3:49pm Jun 11, 2009 3:49pm
The alerts are from the DB, I only enable the emailAlert feature of the DB, it's set to false by default. I hope this helps.

Quoting farizu
Hey ayoneeyee, can you kindly refer me to the post where the manual signal alerts that you are using on your live account have been posted in this thread???

Many thanks in advance...
  • #365
  • Jun 11, 2009 7:35pm Jun 11, 2009 7:35pm
DB performance with Trade management EA

Attached Image (click to enlarge)
Click to Enlarge Name: trade0611.gif Size: 57 KB


Hello Swingman,
Can you please explain how these functions are calculated in a trade:
Breakeven_points -2
Factor_initialStopLoss -1.0
Fator_Breakeven -0.5
Factor_Hilo Trail - 1.0

Thank you.
Attached File(s)
File Type: doc DBchart.doc   142 KB | 666 downloads
  • #366
  • Jun 11, 2009 8:36pm Jun 11, 2009 8:36pm
Quoting SwingMan
For such questions please post the DashBoard.

screenshot attached
Attached Image (click to enlarge)
Click to Enlarge Name: 6-11-2009 8-34-14 PM.png Size: 153 KB
  • #367
  • Jun 11, 2009 10:39pm Jun 11, 2009 10:39pm
How to change M15 to H1

Help me please
Attached Image
  • #368
  • Edited Jun 12, 2009 12:37am Jun 11, 2009 10:51pm | Edited Jun 12, 2009 12:37am
Quoting thor68
screenshot attached
If it is of any help.... I do know the answer to why Combi Trend is showing 0.0 values. I do not seem to have this problem.

However, looking at your image.....

May I ask.....

1.Have you read through this thread?

2. Have you read any of the manuals?

I maybe be incorrect in assuming you may need to spend some initial time re-reading all posts and manuals.

I refer you to specially post #310 and #342 . Your dashboard image will start looking like all the rest of ours.

Have you seen the inputs tabs of the dashboard and experimented with the various options?
  • #369
  • Jun 11, 2009 10:58pm Jun 11, 2009 10:58pm
Quoting chemfly
How to change M15 to H1

Help me please
Please re-read manual update dashboard v3.1. Understand what each input means. All INPUTS parameters are explained there.
  • #370
  • Jun 11, 2009 11:00pm Jun 11, 2009 11:00pm
Quoting lrathi
Please re-read manual update dashboard v3.1. Understand what each input means. All INPUTS parameters are explained there.

thanks,and this Baskettrader_DB_EA is not EA?
  • #371
  • Jun 11, 2009 11:07pm Jun 11, 2009 11:07pm
Quoting thor68
screenshot attached
Thanks thor. Now is easy to see that your broker has sufixes for the symbols, and I have forgoten to check this. One makes.

Please use the "correct" window properties! (post #342, page 23)
  • #372
  • Jun 11, 2009 11:22pm Jun 11, 2009 11:22pm
Quoting ayoneeyee
DB performance with Trade management EA

Attachment

Hello Swingman,
Can you please explain how these functions are calculated in a trade:
Breakeven_points -2
Factor_initialStopLoss -1.0
Fator_Breakeven -0.5
Factor_Hilo Trail - 1.0

Thank you.
The performance figures using the trade management EA look great. I agree entry using the dashboard is one to trust. I am watching your performance with the trade management EA. I have noted the parameters you are using from your earlier post.

In this post all trades are still open with good pips.

Some thoughts though is some finer tuning to EA settings for different pairs as the daily range/volatity can differ quiet a bit between gbpjpy at one end and eurgbp at the other.

I have used fibs for many years and trust it so much, it will take some demo trading for me to trust another system. I am watching your results closely .

Thanks for this sharing too!
  • #373
  • Jun 11, 2009 11:26pm Jun 11, 2009 11:26pm
Quoting chemfly
thanks,and this Baskettrader_DB_EA is not EA?

Please read all manuals and posts again you will find your answers.
  • #374
  • Jun 11, 2009 11:26pm Jun 11, 2009 11:26pm
Quoting chemfly
How to change M15 to H1

Help me please
I have not any explanation for the zero values in your DB...
Attached Image
  • #375
  • Jun 11, 2009 11:59pm Jun 11, 2009 11:59pm
What's wrong with this?
Attached Image
  • #376
  • Jun 12, 2009 12:25am Jun 12, 2009 12:25am
Quoting thor68
screenshot attached
Sory, but the suffix is not the cause for the zero values!?

For the next version 4.4 I changed only the spaces between columns for 5 digits brokers.
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Attached Image
  • #377
  • Jun 12, 2009 12:27am Jun 12, 2009 12:27am
Quoting chemfly
What's wrong with this?
I don't know, and I try to find the error source. But, because MT4 has not a debugger, is not easy to find the bug.
  • #378
  • Jun 12, 2009 12:41am Jun 12, 2009 12:41am
Quoting ayoneeyee
Can you please explain how these functions are calculated in a trade:
Breakeven_points -2
Factor_initialStopLoss -1.0
Fator_Breakeven -0.5
Factor_Hilo Trail - 1.0
I will explain this in the documentation, maybe in the next days.
But this is not important.

For Long
Initial StopLoss
- Low Min from the last two bars
or
- Entry minus ATR*Factor_initialStopLoss
The Initial StopLoss is a "soft" SL, this means that only if the close of the bar cross this SL we close the position.

BreakEven
- After an excurs of the price > Entry + ATR*Fator_Breakeven, set 2 points above entry price as break even stop

Trailing stop
- After an excurs of the price > Highs Avg Line + ATR*Factor_Hilo Trail, set the Highs Avg Line as StopLoss.
- Priority has the direction change off Hull(8)
  • #379
  • Jun 12, 2009 3:40am Jun 12, 2009 3:40am
Please install urgently the new version 5.1 !

- The name is shorter, to see better the version number in the attachments window.

@chemfly signaled an error alert in post #376.

- I found the cause for this error, and I was shaked that all the Hull average calculations and trends in the old versions was false!

Now I hope that all is OK, and the new signals are better as the older.
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Attached Image (click to enlarge)
Click to Enlarge Name: basket_51a.gif Size: 17 KB
Attached File(s)
File Type: ex4 BasketTrade DBEAv5.1.ex4   79 KB | 1,147 downloads
  • #380
  • Jun 12, 2009 3:59am Jun 12, 2009 3:59am
Quoting chemfly
What's wrong with this?

Hi Swingman,
I have the same error but I put the EA into EU H1 chart. Please advise.
Have a nice weekend
Happy trading
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