Bigbonefx - My EA Developments

Newest update :

1. UPLOADED MANY MANY EAs !!! COMMERCIAL AND DECOMPILED !!!

GET THE EA and INDY HERE !!!




SOME INDICATORS [ TrixEMAboard added ]

1. TRIXEMABOARD : Trix and Ema Dashboard Indicator
   1. It's a beautiful dashboard
   2. Showing account information and trade situation and multiple time frame Trix, Ema34 and Ema89

2. BDFXTRENDER : Price Trend Direction Indicator
   1. Here is my trend indicator
   2. It pretty useful to show the current price trend

LINEXCUTOR EXPERT

1. Linexcutor works by watching two trendlines, UPPERline and LOWERline
2. First of all, we specify the two trendlines
3. Then rename each of them. After that, just run the EA
4. The EA will open a trade on the closing or leaving a trendline
5. This is a semi-automatic system, where we specify the trendlines and have the EA do the rest
6. Trade will only be ONE for both trendlines
7. You can specify which mode to trade :
   1. Trade inside the angle (bouncing trade) only
   2. Trade outside the angle (breaking trade) only
   3. or Both of them, like before

SOLAGRACIA EXPERT

1. Solagracia is a Day Break Out forex trading system
2. By specifying the proper start-end time, a trade can be open and close with high probability profit
3. Some optimizing will be needed for certain period of time
4. However, don't be too agressive

3-STEPS EXPERT

1. This EA, as its name, closes profit in three steps
2. For example, the initial lot opening is 0.03 and target profit is 150, once the profit reach 50, it will close 0.01 lot, then, profit 100, close another 0.01
3. By doing this, a maximum profit taking will be achieved
4. For the signal, it uses the Oscilator Moving Average Cross.

CRAZYINDY EXPERT

1. This EA uses all combination of indicators to make trade decisions
2. It uses MACD, SAR, Momentum and Stochastic Oscillator

BLUEWHALE EXPERT

1. an approach of fully learning automated trading system
2. This EA is a development of Dynamic Trading System
3. The EA will generate Trendlines
4. Uses multiple moving average (MMA)
5. Automatically detect Range
6. ::: uses those three to make trade decisions
7. The EA is still not perfect yet but will be better by perfection
8. The goal of this EA is to make dynamic trading system by using current currency situation and avoid using normal indicators that usually fail in certain period of time system

MAGNETO [ CARRY TRADE ] EXPERT

1. Carry trade is a non loss trading system
2. It will open a trade in one direction (BUY) for 1 Lot
3. Once it goes to the opposite, another trade, SELL for 3 Lots is opened
4. If it goes to the opposite direction again, the BUY 6 lot is open
5. This is a risky trading method just like Martingale
6. However, with MAGNETO EA :
   1. We can set our own Upper (Buy) and Lower (Sell) Levels
   2. The levels can be based on the current Support / Resistance levels
   3. More control could be achieved, thus minimizing the trade bounce wildly
   4. Except the Levels Placement, all trades are done automatically

3 PAIR HEDGING [ CORRELATION ] EXPERT

1. Correlation Trade means open 3 correlated currency pairs simultanuously
2. Each pair will have certain lot size
3. These combination of currency pairs and lot sizes will balance the overall trades and result ZERO in total (theoritically)
4. Due to the nature of world economic situation, a situation where the correlation movement will happen all the time
5. When the movement result is positive then we are in profit
6. Otherwise it will be lost
7. However, this negative result will eventually turn positive again after certain time

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- UPDATED EA FILES CAN BE DOWNLOADED HERE
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Thanks for the EA!

Do you attach it to all 3 pairs or any one of the above?

Hi Lolpie,

You only need to attach it to one of the pairs. However, just make sure you activate the three pairs for trading.
You can also reverse the combination to be SELL - SELL - BUY.

Cheers,

Not sure what I'm doing wrong, but in the Experts tab it says "USDCHFm,M30: zero divide"

strange strategy, what's your report history like? care to show it?

Actually this strategy was already outside, it is called Correlation Hedging. The pairs of EURUSD - USDCHF -EURCHF are negative correlation. With appropriate lot sizing for each pair and open each of them at the same time, in theory, the trade will be balance (zero) no matter how much the prices moving. However, there are also some shifting and un-correlated situation one time. We wait until the result is positive (profitable) before we close all the trades. We do this by specifying the Take Profit level we would like to take.

Check the statement, the first one is just my own testing, open and close trades. The second one, I opened them last night and this morning the trades was positive.

Are you using IBFX mini account? I have never tried it with mini myself but in my EA setting there is an option to set to IBFX mini. Try it and have a look. I am using Alpari normal lot. As in my default setting, it uses Lots=1. If you run the EA at the first time the display will show 1.2 lot for EURUSD, 0.9 lot for USDCHF, and 1.4 lot for EURCHF. Thats the correct combination for this correlation hedging.

Try to use normal lot, not mini.

Cool thanks its working now . Let's see how its doing in the morning

Very interesting. I had been looking into methods concerning pair correlations but never saw anything like this. Also, I believe that correlations change constantly between pairs?? Is this true or would the change be minimal so as to not really affect the trades?

Just a few questions if you dont mind;
How long have you been testing this EA (not back testing)?
Have you had any solid results manually trading the method?
Is the EA ready for a live account?

And what is your recommended account size if someone were to go live with it?

Thanks
Pierre

edit: sorry, just realised that "un-correlated" situation that may happen is what we're looking for, for profit right?

Good to hear that

Thanks Pierre for your response.
Well, I did test it for sometimes last time and the result was pretty good. However you need to be patient for the result to become positive. And there was also times that the result move to negative quite long time. Right now, I don't have my test result with me.

In my opinion, like other strategies, this Correlation Hedge System still need some thought of improvements on how if thing goes wrong.

For EA functionality, it is ready for live account, but USE IT ON YOUR OWN RISK
Lot sizing depends on how much you're willing to risk. Try to modify the "Lots" parameter in demo to get the lowest possible "accurate" lot size.

Hope this will help.

I have now tried on 2 platforms with the settings/inputs as shown in your pic, but all that keeps happening are that two SELL orders are placed (one EURUSD and one USDCHF)...i thought it would be 3 orders, a buy/buy/sell ...

Is this incorrect or is the setting "negative correlation" causing the OPPOSITE (a sell/sell/buy) and I am just waiting for the EUR/CHF buy?

Confused.
help appreciated.

Thanks for the EA!

Odysseus

Do you use the default setting or you change the trades to apposite? The default, I called it BUY operation. However you can change the EURUSD and USDCHF to BUY and EURCHF to SELL. Thats SELL operation. Try to use default parameters first and get use to it

Let me know the result

its all default, and it SAYS buy/buy/sell on the screen, just as in your graphic.
but with autotrade = on, it OPENS 2 sells (on eur/usd and usd/chf) and NO eur/chf buy.

Thats why I am confused.
I wonder if the autotrade is the problem here or has a bug?

btw the problem is with the autotrade=on setting.
I just followed the instructions to execute manually and the correct orders opened exactly as they should. Will the EA autoclose them when the correct TP is hit even if autotrade = off ?

would be nice to have autotrade work correctly though, so it could reset after a successful TP...

Sorry my mistake
I didn't realize that actually the Autotrade part was not finish yet. I fixed it already and it should open 3 trades now. The autotrade is based on the spread difference between each pair.

Take profit will work in both manual and auto. No problem

dear fosgate_r

thanks for the ea,

i try the ea but it seems not working, i try to change the setting but give no result. here is my setting, please have a look and which setting do i need to change. thanks. i use forex.com

lot: 0.01
useautolot : true
profit pips : 25
maregin level : 600
ibfx mini : true
auto trader : true
negative corr : true
pair 1 buy : true
pair 2 buy : true
pair 3 buy : true

Hi Open,
In order to run this EA, you need to understand what is correlation trade. Please visit my blog site for more information.
Pairs EURUSD - USDCHF - EURCHF, in order to make a full circle that neglect each other, the operation has to be BUY - BUY - SELL or SELL - SELL - BUY. However, this won't work without the appropriate lot combination.

For your setting I found many mistakes:

1. Lot size can not be 0.01. It is to small. If your account is micro, then Lots has tobe 0.1 so that the lot creation can be eg. 0.08. However, the best Lots size is 1, so that it can be more accurate, eg. 0.82
2. Autolot option if true, it will be calculated automatically
3. Autotrade will execute the trades automatically, all pairs setting won't be neccesary

In your case, I think the main problem is lot size 0.01.
Try to open standard account, but able to open 0.1 lot trade. Then run default setting.

Hope these will help.

dear fosgate_r

i have try both standart and micro acc. using default setting. but still doesn't open trade. (smily icon on the right is active).
do need need to change:
1. autotrade to true?
2. ibfxmini to true for micro acc?
thanks

Hi Open,

I don't know what's wrong exactly.
How about you try it as in my previous posts:

1. Open Standard Account that can open 0.1 lot
2. Make sure you have all the 3 pairs in your market watch: EURUSD-USDCHF-EURUSD
3. Open one pair, eg. EURUSD then run the EA with default settings
4. Set the chart window to light color background
5. Check if your chart shows the same like my screen shot
6. Then select the 3 pairs LABEL
7. Then press "DELETE"
8. Those 3 pairs will be opened

I hope this time will work