Generic Breakout V5 | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Generic Breakout Version 7 [TD] 70 replies

Generic Breakout EA 7 16 replies

Generic Finite Impulse Response Filter - Ever wanted to design your own MA? 16 replies

Generic Breakout Version 6 [TD] 18 replies

MT4 a generic platform? 3 replies

Attachments: Generic Breakout V5
Exit Attachments

Generic Breakout V5

  • #121
  • Aug 15, 2009 3:46pm Aug 15, 2009 3:46pm
Quoting Ronald Raygun
For my EA:

Lot size? Is it 0?
For the ranges, are you using "HH:MM" format? Also, if you want to use 5:18PM, you need to put in 17:18.

Any errors in the journal?
No errors. Here are my settings:
2009.08.15 22:39:53 Generic Breakout Version 5.5-1 inputs: MagicNumber=0; Lots=1; Risk=0; Slippage=5; PercentofRangeSL=50; StopLoss=100; PercentofRangeTP=100; TakeProfit=60; TrailingStop=30; MoveStopWhenPrice=50; MoveStopTo=1; BreakoutBuffer=10; MaxRange=100; MaxTradesPerDay=3; MaxLongTrades=2; MaxShortTrades=2;
2009.08.15 22:38:55
Generic Breakout Version 5.5-1 GBPUSD,Daily: loaded successfully
  • #122
  • Aug 15, 2009 8:46pm Aug 15, 2009 8:46pm
Quoting zoogle
No errors. Here are my settings:
2009.08.15 22:39:53 Generic Breakout Version 5.5-1 inputs: MagicNumber=0; Lots=1; Risk=0; Slippage=5; PercentofRangeSL=50; StopLoss=100; PercentofRangeTP=100; TakeProfit=60; TrailingStop=30; MoveStopWhenPrice=50; MoveStopTo=1; BreakoutBuffer=10; MaxRange=100; MaxTradesPerDay=3; MaxLongTrades=2; MaxShortTrades=2;
2009.08.15 22:38:55
Generic Breakout Version 5.5-1 GBPUSD,Daily: loaded successfully
What are the time settings?
  • #123
  • Aug 16, 2009 4:38am Aug 16, 2009 4:38am
Quoting Ronald Raygun
What are the time settings?
Start Time 11:00
End Time 17:00
Reset Time 20:00
  • #124
  • Aug 16, 2009 10:28am Aug 16, 2009 10:28am
Ok...

Is it painting lines where it should?
  • #125
  • Aug 16, 2009 3:48pm Aug 16, 2009 3:48pm
Quoting Ronald Raygun
Ok...

Is it painting lines where it should?
Nada.
  • #126
  • Aug 16, 2009 6:25pm Aug 16, 2009 6:25pm
If it's not painting lines, try recompiling the code.

Otherwise...hmm open a support ticket at Forex.offers4u.biz/support and I'll look closer into the situation.
  • #127
  • Aug 27, 2009 6:36pm Aug 27, 2009 6:36pm
i have made some minor corrections in code. version 5.5 wouldn't set tp and sl while backtesting when sell trade is supposed to be opened. i haven't tried it in fwd testing, though. anyway, it works now
Attached File(s)
File Type: mq4 Generic Breakout Version 5.5_corrected.mq4   19 KB | 1,168 downloads
  • #128
  • Sep 1, 2009 7:05pm Sep 1, 2009 7:05pm
Quoting igorko
i have made some minor corrections in code. version 5.5 wouldn't set tp and sl while backtesting when sell trade is supposed to be opened. i haven't tried it in fwd testing, though. anyway, it works now
Hi igorko
Good work.
Are you able to flag the lines you altered. I run a few of Sir Ronalds other ea's & would like to check them also.

cheers scalpz
Target 2 : Stoploss in the green
  • #129
  • Sep 1, 2009 9:53pm Sep 1, 2009 9:53pm
The error is in the sell-side Stoploss/takeprofit management.

There is logic there saying if the current stoploss is less than the new proposed stoploss, the new stoploss takes effect. The problem is when the current stoploss is 0, and that's the bug which igorko fixed.
  • #130
  • Sep 1, 2009 10:19pm Sep 1, 2009 10:19pm
Quoting Ronald Raygun
The error is in the sell-side Stoploss/takeprofit management.

There is logic there saying if the current stoploss is less than the new proposed stoploss, the new stoploss takes effect. The problem is when the current stoploss is 0, and that's the bug which igorko fixed.
Oh man - I'm going to be reading that piece of code 40 or 50 times to see if it gells in my poor brain cell - LOL

Thanks for the quick reply Ronald.

cheers scalpz
Target 2 : Stoploss in the green
  • #131
  • Sep 10, 2009 8:44pm Sep 10, 2009 8:44pm
Ron,
I've tried to used latest fixed EA by
with below setting

09:18:14 Generic Breakout Version 5.5 GBPUSD,M30 inputs: Remark1="== Main Settings =="; MagicNumber=47548; SignalsOnly=false; Alerts=true; SignalMail=false; PlaySounds=true; EachTickMode=true; Lots=1; MoneyManagement=false; Risk=0; Slippage=5; UseStopLoss=true; UsePercentageStopLoss=true; PercentofRangeSL=65; UseFixedStopLoss=true; StopLoss=50; UseTakeProfit=true; UsePercentageTakeProfit=true; PercentofRangeTP=62; UseFixedTakeProfit=true; TakeProfit=50; UseTrailingStop=true; TrailingStop=30; MoveStopOnce=true; MoveStopWhenPrice=50; MoveStopTo=15; Remark2=""; Remark3="== Breakout Settings =="; StartTime="03:00"; EndTime="08:00"; ResetTime="20:00"; BreakoutBuffer=5; UseMaxRange=false; MaxRange=100; MaxTradesPerDay=3; MaxLongTrades=2; MaxShortTrades=2;

However the EA did not open any trade eventhough there is a clear breakout spotted.

I also tried to run backtest using the same setting per above but it keep repeating error 130 & take profit value. And i noticed that the setting was not fully shown in the tester log (breakout setting etc) See below:

09:18:17 Generic Breakout Version 5.5 inputs: MagicNumber=47548; Lots=1; Risk=0; Slippage=5; PercentofRangeSL=65; StopLoss=50; PercentofRangeTP=62; TakeProfit=50; TrailingStop=30; MoveStopWhenPrice=50; MoveStopTo=15; BreakoutBuffer=5; MaxRange=100; MaxTradesPerDay=3; MaxLongTrades=2; MaxShortTrades=2;
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6704
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6703
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6702
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6701
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.67
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6699
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6698
09:18:17 2009.08.03 09:59 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:18 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6807
09:18:17 2009.08.03 10:18 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:19 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6807
09:18:17 2009.08.03 10:19 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6808
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6809
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6808
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6809
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6808
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.681
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6809
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.681
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6809
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.681
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6809
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.681
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6809
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.681
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6808
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6809
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6808
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6809
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: OrderSend error 130
09:18:17 2009.08.03 10:20 Generic Breakout Version 5.5 GBPUSD,M30: TakeProfit: 1.6808

Can you/someone fix this error. Thanks
  • #132
  • Sep 14, 2009 1:42pm Sep 14, 2009 1:42pm
Hi RR,

sorry to be a pain but was wondering if it was possible to add an ema as a trade filter to this EA.

i trade a slight variation to 4-7 am gmt thread on here and would love to use your EA for this. i use a 90 EMA (close) for trend indication on the 15 min chart, so if price is above go long and vice versa...

if it could be coded into the EA the that would be great!!!

many thanks in advance

Grant
  • #133
  • Sep 14, 2009 3:44pm Sep 14, 2009 3:44pm
one other quick question if i may...

when the trade count s reset at the time you specify, does it reset the range times as well?

ie if you have a range of 3-5 am and a reset of midnight, if price enters and leaves the range of the previous day between midnight and 3 am will it take a trade?

many thanks again

Grant
  • #134
  • Sep 14, 2009 7:27pm Sep 14, 2009 7:27pm
Quoting grant18265
Hi RR,

sorry to be a pain but was wondering if it was possible to add an ema as a trade filter to this EA.

i trade a slight variation to 4-7 am gmt thread on here and would love to use your EA for this. i use a 90 EMA (close) for trend indication on the 15 min chart, so if price is above go long and vice versa...

if it could be coded into the EA the that would be great!!!

many thanks in advance

Grant
Yes..i do feel that adding some filter to avoid false breakout would be great...Appreciate if RR can do something about this...
  • #135
  • Oct 14, 2009 4:19pm Oct 14, 2009 4:19pm
Great work guys, I love both your EA's. I have back tested Kores EA with a 60% profit over 8 months and 90% win rate. However this can be easily improved to 200% by allowing trades to stay open for a couple of days instead of closing at the end of the day. Most of my loosing trades were because they were closed at the end of the day. If I disable the feature it will not start a new trade the next day just because there is already a trade opened. So there are missed opportunities.

If I set the trades per day to 1 then it should open a new trade the next day regardless if one is open or not.

It would be great if you could update the EA. I will then post my results with the settings I use. I think it is very feasible to get over a 600% or more return with these EA's and the breakout strategy.

Another interesting idea that I was playing with and I would like everyone's thought on, is what about allowing minus values in the buffer. The negative buffer could give an extra 5-10pips. If the price is going to hit the stop order why not enter it just before.

Also what about setting the stop orders based the candle body rather then the shadows. I think this could give stronger trading opportunities.
  • #136
  • Nov 27, 2009 2:05am Nov 27, 2009 2:05am
So I set the EA according to the below settings, but for some reason it didn't follow the rules.

My settings:
MaxTradesPerDay = 2
MaxLongTrades = 1
MaxShortTrades = 1

http://i46.tinypic.com/2e1zjix.gif

Any ideas? I'm using the latest attached one.
  • #137
  • Nov 27, 2009 7:54am Nov 27, 2009 7:54am
Interesting...

I'm assuming both trades were made by the EA?

What was the reset time?
  • #138
  • Nov 28, 2009 4:14pm Nov 28, 2009 4:14pm
Quoting Ronald Raygun
Ok, this took longer than I had anticipated, but here is the master candle based EA.

Just set the maximum range allowed for teh master candle and the EA will scan back until it finds one.
hi Ronald and thanks a lot...

I have some ideas that may improve this ea...

Take for example that the profit is the rank of master candle or the percentage of this, that the stop is set based on the equal status of this candle, if the stop jumping double the batch and then use this candle in the sense Otherwise (as I realized that if it fails, then breaks on the other hand, the% accuracy up considerably) ...

Nice charts.
Attached Image (click to enlarge)
Click to Enlarge Name: mp.gif Size: 20 KB
  • #139
  • Nov 30, 2009 12:11pm Nov 30, 2009 12:11pm
Quoting Ronald Raygun
Interesting...

I'm assuming both trades were made by the EA?

What was the reset time?
Start Time - 00:00
End Time - 06:00
Reset Time - 23:00

Another thing, in the pic, it looks like it set the stop loss to a bit higher than 1.4960, shouldn't it be at the other end of the box if the PercentofRangSL is 100?
  • #140
  • Dec 4, 2009 5:32pm Dec 4, 2009 5:32pm
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...
This exactly what I've been looking for. Thankyou so much, will start demo testing next week.
0 traders viewing now