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Mister ED's 4 hour Heikin Ashi system

  • #361
  • Jul 23, 2009 3:02pm Jul 23, 2009 3:02pm
Quoting stevegee58
Actually it's never that easy in practice. Things that the system inventor does to enter and manage trades have to be nailed down. Writing software involves asking lots and lots of nit-picky questions. The answers are usually obvious to the inventor but aren't obvious to the implementer.
I could not agree more - I am in the software industry for 20+ years and learn every day this lesson

My approach is rather to start with small, test it out (I mean whether the implementation is in line with the inventor's idea) and then build it on for the next iteration/idea. In the short term may look slow progress but helps to sync up faster and eliminates dead ends faster...
  • #362
  • Jul 23, 2009 3:28pm Jul 23, 2009 3:28pm
Quoting LongBar
I could not agree more - I am in the software industry for 20+ years and learn every day this lesson

My approach is rather to start with small, test it out (I mean whether the implementation is in line with the inventor's idea) and then build it on for the next iteration/idea. In the short term may look slow progress but helps to sync up faster and eliminates dead ends faster...
A good approach to extreme programming. Sure in mt4 J(N)Unit is missing ;-)
I'll send a bottle of wine to my first voucherer ;-)
  • #363
  • Jul 23, 2009 3:40pm Jul 23, 2009 3:40pm
Quoting richboy1972
Hi Mr ED.
I have developed a first alfa version of the EA for you system. It is open source so that everyone can look at the code and suggest new improvement.
because I saw that many others coder have done their work (good work), I ask you to decide what version should be continued.

Thanks,
Massimo

nice work - does this work with 5-digit feed?

also, a PSAR filter would be useful
TRADE FOR SWAP
  • #364
  • Jul 23, 2009 3:55pm Jul 23, 2009 3:55pm
Quoting cgldsmth
nice work - does this work with 5-digit feed?

also, a PSAR filter would be useful
Yes, work with 4 and 5 digits...
I'll send a bottle of wine to my first voucherer ;-)
  • #365
  • Jul 23, 2009 4:18pm Jul 23, 2009 4:18pm
Quoting richboy1972
A good approach to extreme programming. Sure in mt4 J(N)Unit is missing ;-)
Massimo.

I am getting and error 130 on my sell orders in bact testing. Must SL or TP may be outside broker limit.

Dave R.
  • #366
  • Jul 23, 2009 4:21pm Jul 23, 2009 4:21pm
Quoting Pippopotamus
Somehow(??), I can not get richboy's EA to function in FXDD strategy tester. Any suggestions?? Pippo
What error do you have? What platform version?
I'll send a bottle of wine to my first voucherer ;-)
  • #367
  • Jul 23, 2009 8:15pm Jul 23, 2009 8:15pm
Made a few improvements and bug fixes:

 

  1. The EAPeriod implementation picked up the 1H timeframe instead of the 4H This is fixed now - double check the parameter settings once this new EA is installed to go for the right period: set EAPeriod to 6
  2. Added trailing stop implementation. A bit tricky as the original SL value had to be stored persistently to be able to pick up the trade any time later. Comment filed is used for this which is not a beauty - any better ideas please let me know

As usual, little to not much testing was done, so do not be surprised if issue shows up...

OK, that's for tonight from me! Enjoy.

Attached File(s)
File Type: mq4 MisterED_v0.3.0.mq4   13 KB | 492 downloads
  • #368
  • Jul 23, 2009 8:31pm Jul 23, 2009 8:31pm
Hello Longbar,

Many thanks for your wonderful work.

Regards,
Jeff

Quoting LongBar
Made a few improvements and bug fixes:

 

  1. The EAPeriod implementation picked up the 1H timeframe instead of the 4H This is fixed now - double check the parameter settings once this new EA is installed to go for the right period: set EAPeriod to 6
  2. Added trailing stop implementation. A bit tricky as the original SL value had to be stored persistently to be able to pick up the trade any time later. Comment filed is used for this which is not a beauty - any better ideas please let me know

As usual, little to not much testing...

  • #369
  • Jul 23, 2009 8:46pm Jul 23, 2009 8:46pm
Quoting LongBar
Made a few improvements and bug fixes:

 

  1. The EAPeriod implementation picked up the 1H timeframe instead of the 4H This is fixed now - double check the parameter settings once this new EA is installed to go for the right period: set EAPeriod to 6
  2. Added trailing stop implementation. A bit tricky as the original SL value had to be stored persistently to be able to pick up the trade any time later. Comment filed is used for this which is not a beauty - any better ideas please let me know

As usual, little to not much testing...

Hi Longbar

Thanks for all the work. I hope to try things over the weekend.

All the best,

Mister ED
  • #370
  • Jul 24, 2009 4:52am Jul 24, 2009 4:52am
Thanks LongBar i look forward to testing it and appreciate the efforts.

I have been running the other ea posted and as basic as it is (not to program i'm sure) and as average the pair i am using it on has been, it is still in profit this week on 1hr chart.

Juicyt
"Even if you fall down face first, you still went forward."
  • #371
  • Jul 24, 2009 5:10am Jul 24, 2009 5:10am
EA does not open any trades in strategy tester.


Quoting jasonphd
I've created the attached EA which I believe is making the trades correctly.

Since this was pretty quick, I only have it set to make "standard" trades and not "retrace" trades. It only takes one TP and does not make use of a trailing stop.

Can you please confirm that it is correctly making "standard" trades before I continue development?
  • #372
  • Jul 24, 2009 5:12am Jul 24, 2009 5:12am
This EA opens trades, but their timing is not right. A few trades on the next chart, green lines = long, red = short.

Guys, do you test your creations in strategy tester at all before you publish them!!??


Quoting LongBar
Made a few improvements and bug fixes:
[list][*]The EAPeriod implementation picked up the 1H timeframe instead of the 4H ...
Attached Image (click to enlarge)
Click to Enlarge Name: ed.gif Size: 21 KB
  • #373
  • Jul 24, 2009 6:55am Jul 24, 2009 6:55am
Quoting Piglet
This EA opens trades, but their timing is not right. A few trades on the next chart, green lines = long, red = short.

Guys, do you test your creations in strategy tester at all before you publish them!!??

Attachment
Please ensure that you set the EAPeriod to 6 to operate on 4H time frame. This was a bug in the previous version which picked up the 1H time frame for trigger generation - resulting in the above issue.

I understand your frustration - these EA's are early birds so full with potential problems. For development purposes I use backtest period of July in both visual and non-visual mode to verify basic functionalities. Before I release the next version I run the EA for this year as well. But again, we are in implementation mode so keep this in mind

Keep up providing good feedback as that's the way improving things!
  • #374
  • Jul 24, 2009 7:18am Jul 24, 2009 7:18am
Hi LongBar,

I just run it on a 5min chart to see what happens and it didn't enter the sell trade (eurusd) can you tell me what I need to change to get it to work on that time chart?

Thanks, Juicyt
"Even if you fall down face first, you still went forward."
  • #375
  • Jul 24, 2009 7:23am Jul 24, 2009 7:23am
These are the current optimisation setups (NB these will change over time and are not fixed, they must be altered and monitored all the time by the trader)

GBPJPY - trade every day
GBPUSD - trade only Monday, Tuesday
EURJPY - trade Monday, Wednesday, Thursday, Friday
EURUSD - trade Monday, Tuesday, Thursday, Friday
USDCAD - trade Monday, Friday
EURGBP - trade every day
AUDUSD - trade just Monday
AUDJPY - trade every day
NZDUSD - trade Monday, Friday
USDJPY - trade every day
Gold - trade Monday, Tuesday, Thursday, Friday
Hi Mister Ed


How do you minitor and alter them to your preference. Do you look at your results for each specific pair on a monthly basis and analyse it's performance on that particular day, if they performed badly, would you see other days where it has performed consistently? For example AUD/USD which is traded every monday, just say that has maded losses on all occasions during the month, but every Tuesday of the month is had made profits, would you change.



Would like to know how exacltly you'd go about this task.
  • #376
  • Jul 24, 2009 7:49am Jul 24, 2009 7:49am
Quoting jahual89
[color=blue]These are the current optimisation setups (NB these will change over time and are not fixed, they must be altered and monitored all the time by the trader)

GBPJPY - trade every day
GBPUSD - trade only Monday, Tuesday
EURJPY - trade Monday, Wednesday, Thursday, Friday
EURUSD - trade Monday, Tuesday, Thursday, Friday
USDCAD - trade Monday, Friday
EURGBP - trade every day
AUDUSD - trade just Monday
AUDJPY - trade every day
NZDUSD - trade Monday, Friday
[i]USDJPY...
Hi Jahual

I will go over how I have done this during the weekend, busy at work at the moment.

Looking to enter long trade on EURGBP in about 10 minutes.

Mister ED
  • #377
  • Jul 24, 2009 8:22am Jul 24, 2009 8:22am
I just entered a short trade in Nzd/Usd which the candle closed at 1600 metatrader time. The red HA already appeared few candles back however i only enter after the signal candle is a down bar as well.

Signal candle = 30
ATR = 44

between 50% - 200%

Hope for a nice trade.
  • #378
  • Jul 24, 2009 8:25am Jul 24, 2009 8:25am
Quoting juicyt
Hi LongBar,

I just run it on a 5min chart to see what happens and it didn't enter the sell trade (eurusd) can you tell me what I need to change to get it to work on that time chart?

Thanks, Juicyt
Hi Juicyt,

Set the EAPeriod to 2 to run the EA monitoring for trigger on the 5M time frame. Please ensure you use the v0.3.0 of the EA.

Let me know how it goes!

longbar
  • #379
  • Edited 8:51am Jul 24, 2009 8:41am | Edited 8:51am
Quoting LongBar
Hi Juicyt,

Set the EAPeriod to 2 to run the EA monitoring for trigger on the 5M time frame. Please ensure you use the v0.3.0 of the EA.

Let me know how it goes!

longbar
Oh i didn't really know what those numbers before the times meant. Thanks, that worked just fine.

I'll let you know how it goes.

Juicyt

LongBar, could you please let me know what the take/profit & stop is set to? I couldn't really understand what you wrote previously and It might save me waiting around to see it activate. Thanks again.
"Even if you fall down face first, you still went forward."
  • #380
  • Jul 24, 2009 9:00am Jul 24, 2009 9:00am
Sorry LB, I think I made a mistake and used wrong settings for the HA visible on that earlier chart. This chart with right HA settings looks ok, trades are opened correctly.

But, the problem is that the ea is not profitable. Those 9 trades on the chart cause roughly a 10% loss. If I use longer testing periods the result is the same.

So either the ea does not manage trades properly or the system is not that good after all.

Could you, or someone else check the trade management implmentation and verify that it also does in practice what it is supposed to do.

P

Quoting LongBar
Please ensure that you set the EAPeriod to 6 to operate on 4H time frame. This was a bug in the previous version which picked up the 1H time frame for trigger generation - resulting in the above issue.

I understand your frustration - these EA's are early birds so full with potential problems. For development purposes I use backtest period of July in both visual and non-visual mode to verify basic functionalities. Before I release the next version I run the EA for this year as well. But again, we are in implementation mode so keep this in mind

Keep...
Attached Image (click to enlarge)
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