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Semi automatic EA (Driven Version)

  • #1,681
  • Jun 23, 2009 10:53am Jun 23, 2009 10:53am
Hi All,

Just wanted to tell u guys that I always keep on eyes to every incoming post every day, less posting coz everything is here already, still trying to sumarize this step by step, keep it up ...

Regards,
Samurai Power
  • #1,682
  • Jun 23, 2009 11:30am Jun 23, 2009 11:30am
Yes, I use default setting as specified on one of Samurai Power's previous post, execept that I set the Maxorderopen = 2 (this is to avoid unnecessary drawdowns). Also, you might want to check the percentage and usedivergence parameters. I think the default on the EA is different to what samurai parameter specified. My percent = 0.001 and usedivergence = 0.005, execept for USD/JPY - usedivergence=0.1.

Quoting crt4x
Outstanding ayoneeyee. I'll keep experimenting with this method. Curious, do you use the default settings for v3.1a, besides what you mentioned above? Thanks for your help and method.
  • #1,683
  • Jun 24, 2009 4:42am Jun 24, 2009 4:42am
Quoting ayoneeyee
Yes, I use default setting as specified on one of Samurai Power's previous post, execept that I set the Maxorderopen = 2 (this is to avoid unnecessary drawdowns). Also, you might want to check the percentage and usedivergence parameters. I think the default on the EA is different to what samurai parameter specified. My percent = 0.001 and usedivergence = 0.005, execept for USD/JPY - usedivergence=0.1.
Thanks guys for all your input. I just found this thread. It seems ver interesting. One small question. The version you guys are talking about, is this v3.1a or v1.3a? I understand that the latest one is v1.5c. Getting a little bit confused here.

Thanks.
  • #1,684
  • Jun 24, 2009 5:43am Jun 24, 2009 5:43am
Hello everyone, i am a noob on this forum but not in forex trading. I have been following all the threads etc..Just a quick question to all, can you post some trades that you took today, the pairs and directions you drive it and how long normally after you get the confirmation with the heiken ashi candle color and emacrossover you start driving it? For example today june 24th the EURUSD it gave me a white heiken ashi candle confirmed with a white 5-8EMA cross..Is that enough to drive it long? Thanks again..also usdchf did you drive it short today june 24th? Are these valid trades? It would help many beginners if we start posting or driving directions with currency pairs dont you think? After all, i would love everyone to be successful and make a substantial amount of pips.
  • #1,685
  • Jun 24, 2009 11:38am Jun 24, 2009 11:38am
V3.1a. search for it on the thread, it's there. One of the old versions.

Quoting pillager
Thanks guys for all your input. I just found this thread. It seems ver interesting. One small question. The version you guys are talking about, is this v3.1a or v1.3a? I understand that the latest one is v1.5c. Getting a little bit confused here.

Thanks.
  • #1,686
  • Jun 24, 2009 7:06pm Jun 24, 2009 7:06pm
Hi,

I've trailing stop flag set to true.
Trailing stop 20
TSrigger 20

but it never kicks in when the trade gets over 20 pips ahead.

Is there another setting I am missing?
  • #1,687
  • Edited 8:43pm Jun 24, 2009 7:15pm | Edited 8:43pm
Free Daily Market Analysis
  • #1,688
  • Jun 24, 2009 11:49pm Jun 24, 2009 11:49pm
Quote
Originally posterd by Slider

I've trailing stop flag set to true.
Trailing stop 20
TSrigger 20

but it never kicks in when the trade gets over 20 pips ahead.

Is there another setting I am missing?

I'm testing vs1.5c on a demo using the above settings and so far the trailing stop is working. It seems to activate when the price action approaches the profit point. I used default settings provided in this EA. After the trailing stop activates, you'll notice that the T/P figure is replaced by zeros. I had to increase DivergenceLimit to trade USD/JPY.
Good luck. Regards.
  • #1,689
  • Jun 25, 2009 12:49am Jun 25, 2009 12:49am
Quoting ayoneeyee
NONE, it's automatic (both directions). I just got stuck with v3.1a, so i started testing it with different settings. Currently I'm using the following for 3 weeks now:

TrendAnalysis = True
Manage Trade = True
HAS_timeperiod = 240
Chart_TimeFrame = 240
MA_lenght = 10
MA_timeframe = 1440
Now thank you, really appreciate it.
I'm going to test via VPS the automated EA with your settings, any trade-hours or other settings?

Thanks again, lets make this work with real $.
"Hate the sin, love the sinner." - Gandhi
  • #1,690
  • Edited 1:57am Jun 25, 2009 1:14am | Edited 1:57am
Forgot to say, I'll still test the semiautomatic strategy. The fact that is the Ea is indicator based and market changes, so I think in the future we'll need to adjust the settings.

We need someone that really knows how this EA works and tune it to react when market will change.
"Hate the sin, love the sinner." - Gandhi
  • #1,691
  • Jun 25, 2009 1:33am Jun 25, 2009 1:33am
[quote=Inquisitor;2828079] It seems to activate when the price action approaches the profit point.quote]

Yes, that is not acceptable however, it needs to activate by where it's setting tells it to be activated.

Thanks for the reply.
  • #1,692
  • Jun 25, 2009 11:55am Jun 25, 2009 11:55am
[quote=Slider;2828215]
Quoting Inquisitor
It seems to activate when the price action approaches the profit point.quote]

Yes, that is not acceptable however, it needs to activate by where it's setting tells it to be activated.

Thanks for the reply.
Hi guys, the rules is has follow.
Assuming that you have set trailingstop at true:
Initially, trail stop is not active.
It will activate itself if PA make your profit bigger than value of TakeProfit minus value of TStrigger. The order will be modified if at the beginning of the next period of 5 min, your profit is still above your thresshold plus the slip value that you have setup. In any case the EA will monitor PA and if it fall below your TS, it will close the trade.
You can see from your journal what happen. If you see Close, it mean that the price action had fall back below the TS excluding the slip value . If you see modify order, it mean that the EA was able to modify your order because you had enough profit to do it.

Try it with the simulator with number of trade set at 1, you will see how it work. If you put number of trade greater than 1, it is not obvious to understand since i need to find a way to track many Trailing stop order live. For now it is working in most situation, but on some occasion the second and subsequent orders follows the max value setup by the first order. I will look to improve it so it can monitor each trade individually.
Next version later this summer.

Best of luck.

Bye
  • #1,693
  • Jun 26, 2009 3:45am Jun 26, 2009 3:45am
Quoting ayoneeyee
NONE, it's automatic (both directions). I just got stuck with v3.1a, so i started testing it with different settings. Currently I'm using the following for 3 weeks now:

TrendAnalysis = True
Manage Trade = True
HAS_timeperiod = 240
Chart_TimeFrame = 240
MA_lenght = 10
MA_timeframe = 1440
Thanks ayoneeyee for something to play with, not bad settings for fully auto. Very good for shorter terms, but not so great in the long term i guess.
Attached Image (click to enlarge)
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  • #1,694
  • Jun 26, 2009 10:52am Jun 26, 2009 10:52am
gasgas and TheGariel,

The fact is, this EA is a top-performing EA, especially with so much work put into it by Actionpl and Samurai Power and I give them all the credit for it. I personally believe the best way to run this EA is to drive it manually if you know how to determine the direction of the Trend fast and accurately, actually, that is what i'm testing with the latest version (manual driving) and it's yielding good result.

The only 2 reasons i'm testing the fully-auto and posting the result are;
1) I'm not really a smaller TF trader - so I checked the bigger TF with the EA - i believe that could reduce the excessive drawdowns - if i'm monitoring the H4 and Daily TFs to determine my trend why can't I trade on it.

2) I believe that if the result continues to be good and consistent, somebody like Actionpl and other talented programmers on this thread will take it from there and perfect it for higher TF traders like me.

I actually don't know if running the EA fully auto will be good long term, but I know its been giving very good result for the past 3 weeks and very low draw down. I tried back-testing the last 2 weeks on a simulator but the result wasn't as good as the actual result i got on live trading (forward testing), so, i'm not going to completely rely on the result of a strategy tester, the best way to find out is to forward test it for sometime and compare it with your backtest result for that period. Also, very important, I don't actually run the EA continously like that, I close all left-over trades before the London market opens on Sunday, i don't care if they are lost trades (as long as I'm in profit already), and I don't activate the EA until the London market opens on Monday morning (2AM EST). I guess that might answer your question - TheGabriel.

PS: I'm trading both the semi-auto and fully-auto on my live accounts now. it's been good. I'm not recommending anyone to do this until you've tested it and satisfied with the result.

Ayo.
Quoting gasgas
Thanks ayoneeyee for something to play with, not bad settings for fully auto. Very good for shorter terms, but not so great in the long term i guess.
  • #1,695
  • Jun 26, 2009 11:26am Jun 26, 2009 11:26am
Thanks for the very detailed reply.
You're doing exactly as me in testing, both semiautomatic and automatic trading.

Made 300 pips in 2 days with the automatic version, max 2 trades at time, TP 30 and Trailing 15, no losses but I have to test it longer. I don't really trust backtesting with MT4.

For the Semiautomatic system, I'm trading 4 pairs with have European Base currency during European session.
"Hate the sin, love the sinner." - Gandhi
  • #1,696
  • Jun 26, 2009 11:23pm Jun 26, 2009 11:23pm
Here's the result of my trade driving the EA fully auto:

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #1,697
  • Jun 27, 2009 4:35pm Jun 27, 2009 4:35pm
Hope this continues. Thanks ayoneeyee for sharing this idea.
(i've never attached anything on a forum. hope this works).
Attached Image (click to enlarge)
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  • #1,698
  • Jun 27, 2009 10:13pm Jun 27, 2009 10:13pm
ayoneeyee and crt4X, great work guys. Can you provide .set file for the full auto. I have some confusion about some settings like, take profit, trailing step, pip step etc.

Thanks.
  • #1,699
  • Jun 28, 2009 1:57am Jun 28, 2009 1:57am
[quote=Actionpl;2829957]
Quoting Slider
Hi guys, the rules is has follow.
Assuming that you have set trailingstop at true:
Initially, trail stop is not active.
[color=blue]It will activate itself if PA make your profit bigger than value of TakeProfit minus value of TStrigger. The order will be modified if at the beginning of the next period of 5 min, your profit is still above your thresshold plus the slip value that you have setup. In any case the EA will monitor PA and if it fall below your TS, it will...
Thanks, will give it a whirl.
  • #1,700
  • Jun 28, 2009 1:16pm Jun 28, 2009 1:16pm
Quoting pillager
ayoneeyee and crt4X, great work guys. Can you provide .set file for the full auto. I have some confusion about some settings like, take profit, trailing step, pip step etc.

Thanks.
All I'm doing is using the default settings with the exception of the settings shown on ayoneeyee's post# 1667 (page 112). Good luck.
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