Semi automatic EA (Driven Version) | Page 93 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA tool & strategy for semi-automatic interactive trading 82 replies

semi-automatic fibs in MT4? 0 replies

Testing a semi-automatic EA with a strategy tester 1 reply

Geoff's Manual and Semi Automatic Trading Setup 988 replies

Trading a (semi) automatic approach...but want more 11 replies

Attachments: Semi automatic EA (Driven Version)
Exit Attachments

Semi automatic EA (Driven Version)

  • #1,841
  • Aug 3, 2009 9:13pm Aug 3, 2009 9:13pm
Quoting batalhademat
Hi there,

I have been backtesting several automated versions of Firebird posted here, and all of them gives me an error = 130 (on modifying and open some orders).

The backtests I am making are on a broker (FxOpen) that just allow me to open positions on 0.1lots interval. Could this be the reason?

I have tested on a broker that allows 0.01 steps and works fine...

I have checked and it is not caused by 4/5 digits broker (tried both options).

Regards

Paulo
Make sure that your variable "Lots" is equal to 0.1 or higher and also that your variable lots increment is equal or higher than 0.1. And it has to be in multiple of 0.1 lot. (version 1.5d)

Actionpl
Bye
  • #1,842
  • Aug 3, 2009 9:21pm Aug 3, 2009 9:21pm
Quoting madscalp
Here is the Demark Indy to help you to determine the trend.
Actionpl , do you see a possibility to integrate this indy as a main trendline to realize a full auto working ?
Thx.
If this indicator do efficiently what you say it does, that will be great. But we will need to change also the logic of how we enter the first trade.

I will look at hit when i came back from vacation and see. If you can do some simulation with it and send me your results it will be great.
Before i spend many hours to change the code, i need to have a good confidence level that this will work.

Let me know the results of your evaluation

Bye
Actionpl
  • #1,843
  • Aug 4, 2009 12:25am Aug 4, 2009 12:25am
Quoting Actionpl
If this indicator do efficiently what you say it does, that will be great. But we will need to change also the logic of how we enter the first trade.

I will look at hit when i came back from vacation and see. If you can do some simulation with it and send me your results it will be great.
Before i spend many hours to change the code, i need to have a good confidence level that this will work.

Let me know the results of your evaluation

Bye
[color=blue]Actionpl...
OK Good holidays.
  • #1,844
  • Aug 4, 2009 8:26am Aug 4, 2009 8:26am
Hi Actionpl,

Thank you very, very much
Regards

Paulo
  • #1,845
  • Aug 5, 2009 2:06pm Aug 5, 2009 2:06pm
Hi were can I get the Firebird EA v3 ?

Kind regards

David

Quoting SamuraiPower
"Wish us all the good pips in the universe"
  • #1,846
  • Aug 5, 2009 3:45pm Aug 5, 2009 3:45pm
Quoting davidv
Hi were can I get the Firebird EA v3 ?

Kind regards

David
From an earlier post............Use "long and short" option only in ranging market - it will eventually trigger your stop losses if you leave it to run unattended, therefore kill it when you think the PA is starting to trend.

Bset wishes

Andy
Attached File(s)
File Type: ex4 Firebird-v63H04_Heiken_Ashi_Trend_vs1_3b.ex4   28 KB | 634 downloads
  • #1,847
  • Aug 6, 2009 10:04pm Aug 6, 2009 10:04pm
Quoting Actionpl
When you see those message, there is a number with it. This is the value of the divergence or the SaveArea. Change it so it will be higher than those number and it should work.

Being on a 4 digit broker, you need to divide by 10 a lot of those variables
Takeprofit, stoploss, Safearea, .... Any variable that refer to the value of the trade.

Read previous post on this subject, you will have some more info.

Bye

Actionpl...
Hi to all, there was a last minute bug inserted in the code when i did a last minutes change. Please reload version 1.5d i have corrected the code.
Message with saverarea being too low even when variable was set to a high number will not appear anymore. Also you can program your EA to trade for different hours now. I have verify the code, corrected and it work. Make sure to enter the server timeframe on which you want to trade in variable TradeFrom and TradeUntill. The EA will trade including the hour set in the TradeUntill variable.

Bye
ActionPL
Attached File(s)
File Type: mq4 Firebird-v63H04_H_Ashi_Trend_vs1_5d.mq4   46 KB | 1,160 downloads
  • #1,848
  • Edited 5:08am Aug 7, 2009 4:58am | Edited 5:08am
Thx Actionpl
Now EA is working fine.
About Demark_trend, I'm not thinking you need to code again.
This indy is a tool.
The pic shows a uptrend channel (blue) which is broken.
So we can consider a new downtrend and we draw a Main_DownTrend line to take only short trades.
I'm waiting for your explanations because I didn't understand how the trade exactly is triggered ( SMA broken in M5 , in M15 ????)
Why by default a Chart_Time_Frame in M5 and a MA_timeframe in M15 ?
Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 163 KB
Attached Image
  • #1,849
  • Aug 8, 2009 7:04am Aug 8, 2009 7:04am
Quoting madscalp
Thx Actionpl
Now EA is working fine.
About Demark_trend, I'm not thinking you need to code again.
This indy is a tool.
The pic shows a uptrend channel (blue) which is broken.
So we can consider a new downtrend and we draw a Main_DownTrend line to take only short trades.
I'm waiting for your explanations because I didn't understand how the trade exactly is triggered ( SMA broken in M5 , in M15 ????)
Why by default a Chart_Time_Frame in M5 and a MA_timeframe in M15 ?
Regards.
Hi Madscalp, the Ma_timeframe is used in the calculation of the pullback. This is used in conjonction with variable percent. So if you want to play with it to find a better setup go for it. You need to used a valid time frame, 15, 60, 240,. You may change those to change the way the EA will trigger an entry point. If you used a shorter time frame, it will react more rapidly. This need to be explore now that we have those main trendline. So at the beginning of a trend, we may want to reduce this to 5 in order to trig a trade more rapidly and benefic from the new trend. Please report your finding if you explore this.

Thanks

Actionpl
  • #1,850
  • Aug 19, 2009 6:01pm Aug 19, 2009 6:01pm
Hi, where is everybody? Pls. don't let this thread die at the point of breakthrough. This ea has potencials. Please keep on testing and keep posting.
Actionpl, thanks so much for the time you spend in coding the ea for free.
For the fact that you love given, GOD will continue to put in your hand what to give to others.
Keep it up!
Regards.
Markpips.
  • #1,851
  • Aug 19, 2009 9:59pm Aug 19, 2009 9:59pm
Thank you markpips for reviving the thread. Question to anyone...I'm using vs 1.5d on a demo with default settings. The ea seems to close a position before a sl or tp is reached. Could it be that the Heiken Ashi setting of 60 causes this to happen? Regards.
  • #1,852
  • Aug 20, 2009 3:05am Aug 20, 2009 3:05am
Nice that you are back Inquistor.
I have not tested version 5d. because I was away from trading for about a month now. I hope other guys will chip in answers to your question.
Thanks for your post. Posting will encourage the master coder Actionpl to spend more of his time.
Keep piping everybody.
Markpips.

Quoting Inquisitor
Thank you markpips for reviving the thread. Question to anyone...I'm using vs 1.5d on a demo with default settings. The ea seems to close a position before a sl or tp is reached. Could it be that the Heiken Ashi setting of 60 causes this to happen? Regards.
  • #1,853
  • Aug 20, 2009 3:14am Aug 20, 2009 3:14am
Hi Gagas and davidv, I can see you guys on the thread now. Pls. The thread need people like you to make it work.
I hope to see your post.
Markpips.
  • #1,854
  • Aug 20, 2009 5:42am Aug 20, 2009 5:42am
Quoting Inquisitor
Thank you markpips for reviving the thread. Question to anyone...I'm using vs 1.5d on a demo with default settings. The ea seems to close a position before a sl or tp is reached. Could it be that the Heiken Ashi setting of 60 causes this to happen? Regards.
Hi Inquisitor, version 1.5d have a variable that allow to have profit taken which is hidden from broker. Check this variable "Hidden_TakeProfit" in section Trailing Stop. P.S. you need to activate trailing stop in order to have this feature to take effect.

Also the default setup have trailing stop activated and the dynamic trailing stop activated. This feature will change the trailling stop to the previous bar low or high. This is a good feature for pair with high volatility. If you don't want that feature, set variable "TrailingStopDynamic" to false.

P.S. I will have to release a new version to fix a small bug with functionnality of Hidden profit in case of sell order. Hidden profit does not work for sell order in vesrsion 1.5d. I forgot a line of code....

Bye
Actionpl
  • #1,855
  • Aug 20, 2009 6:58am Aug 20, 2009 6:58am
Actionpl and markpips, thanks for you timely replys. I will recheck my settings. Awaiting the ea fix. Regards.
  • #1,856
  • Aug 21, 2009 1:25pm Aug 21, 2009 1:25pm
Hi ActionPL,

Have not as yet tested FB Vs_5d. Been running Vs_5c live for quite a while, doing v well with it. But, collected a real clanger this week using it.

In 3 seconds, it opened and closed 21 trades with an average loss of 4 pips each = 81 pips.

Started with me testing the trailing stop function (1st time I used it) so I fortunately used the minimum lot size (thank goodness!). Currency was GU, spread 4 pips.

The UpTrend Trade started OK, went into good profit, then reversed, I figured it would go into loss. I then made a mistake which I think was the cause of the problem. I created a new "Main_UpTrend_Alert_05" trend-line, while the first trade was still running and active. The trade re-traced, went to -18 pips, which was the value in the SL (from the trailing stop function) and closed the trade on -18pips. Then it all went wrong; it immediately opened a new trade, saw it was below the previous Trailing stop point, and closed it immediately - 3 pips loss! And again, 5pip loss and again and again, 21 times in 3 seconds. Fortunately, I returned to the PC as this happened, else it could have been a real disaster!

Will be great if you can close this gap in the EA in case a similar error is made by someone else. Same may apply to Vs1_5d?

I have been using Vs1_5c in its basic semiauto form, with simple rules, and tight trend lines so that I can bail-out with minimum losses. Only used in very trending conditions.

Have been using Vs1_3b when market ranges, will post settings used in another post.

Bye

Andy
  • #1,857
  • Aug 21, 2009 3:56pm Aug 21, 2009 3:56pm
Hi everyone,

For those interested in using this EA as fully automatic, when the Vs1_5c is not suitable.

Using this live. I have not made big profits, I'm happy if I get 20-25 pips/day - I think the secret is in defining when straight-lining /ranging starts and ends. I keep getting it wrong!

Use Vs 1_3b only when "straight-lining", and set to trade both "long & short" - NOT during trends, which will clean you out. Therefore, you need to also "drive" 3b but in a different way compared to 5c and 5d where you use trend-lines. I use it on a 5 min chart. Only use when trends dissappear - check the PA - put MA 10, MA 21, MA 50 on your chart, and when they criss-cross often then switch the EA ON. Soon as they split-up and start moving out of the trade price range area that you assess as suitable for trading the EA, then you switch the EA OFF. Once OFF, I trade manually - when conditions right, the Philip Nel 5M Intra-day System with the above MA 10, 21 and 50 - see his thread http://www.forexfactory.com/showthread.php?t=11854. When a major trend continues for more than a day, I look to using vs1_5c.

Once 3b is set and running, I check on it periodically (every 1 hr) to see developing trends and perhaps switch-off. When I switch-off, I kill the last trade if PA is going wrong way. Do not trade it within 1 - 2 hours before major news items - switch off.

Saw an earlier post where large SL is used with 3b. Not a good idea, it WILL clean you out. The nature of 3b is such that if you run it with TP40 and SL40 for +4 weeks, then it will be like flipping a coin, will come out about square, but with some big draw-downs. Overall, a 80TP and 40SL will give better returns, but the draw-downs can get VERY big. In back-testing, over broken 6 week ranging periods, net profits were +570 pips - it did have 6-8 consecutive loss trades in one period. This is all to stressful.

I prefer using a small TP of 5, max 8. SL 100 is for emergency only, I kill the last trade when I detect a trend starting. I use pairs with small spread - EU, UJ. Multi pairs can be profitable, but when trends develope, it can become frantic to reduce potential losses.

FB Vs1_3b Settings used are (4 digit broker):
Chart_Time_Frame = 5
MA_Length = 10
MA_Timeframe = 15
MAtype = 0
Percent = 0.05
TradeonFriday = 1
Slip = 10
Lots = 0.nn
MaxOpenOrders = 1 (keep it simple)
SafeArea = 5000
PipStep = 25 (try smaller numbers, yes?)
TakeProfit = 5
StopLoss = 100 (try 40 or 60, yes?)
TrailingStopFlag = false
TrailingStop = 40
TStrigger = 20
MinMarginLevel = 25.0
Trade from / to = your preference, I only switch on when I'm available to "supervise" the EA
DivergenceLimit = 0.005 (0.10 for Jpy pairs)
Other fields - use defaults

Enjoy your trading!

Andy
  • #1,858
  • Aug 23, 2009 8:45am Aug 23, 2009 8:45am
Quoting AndyM-pips
Hi everyone,

FB Vs1_3b Settings used are (4 digit broker):
Chart_Time_Frame = 5
MA_Length...
Thanks for your settings. I will try it as market reopens.
But I'm afraid 5 pips tp. against 100 pips sl. is not a good profit/loss ratio. Just one loss will wipe away 20 winner trades.
I will try it and see how it goes.
Thanks for sharing.
  • #1,859
  • Aug 23, 2009 11:01am Aug 23, 2009 11:01am
Quoting markpips
Thanks for your settings. I will try it as market reopens.
But I'm afraid 5 pips tp. against 100 pips sl. is not a good profit/loss ratio. Just one loss will wipe away 20 winner trades.
I will try it and see how it goes.
Thanks for sharing.
Correct. I use 100 SL as I'm not always at the PC, therefore need to give the trade room to move. However, when I'm present and I see a trend developing, then I kill the trade immediately. Problem can be that one is already at the 80 - 90 pip loss point on returning to the PC, in which case you're looking at a big loss. Alternative strategy is to use a SL of 40 - 50pips, which you could hit more often. Experiment.

If you activate the EA when the PA is straight-lining, you will see that it does make quite a few profitable trades. Win some profit trades then quit - if you leave it running for long periods, you will hit the SL.

If I'm present at the PC for extended periods, then I prefer to trade manually with higher lots sizes, whereas with the EA's (3b or 5c) I use smaller lot sizes - use the smallest (0.01) to start with.

Enjoy!

Andy
  • #1,860
  • Aug 23, 2009 10:27pm Aug 23, 2009 10:27pm
Quoting AndyM-pips
Hi ActionPL,

Have not as yet tested FB Vs_5d....
Thanks to report this, it is very strange, i will investigate what happened by trying to simulate your operation. I will let you know.
Normally there is a function in the EA that prevent to open a trade when a trade was just closed. It should wait for a minimum of 10 min before it initiate a new trade on version 1.5c.

I will let you know

Actionpl
0 traders viewing now