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Mister ED's 4 hour Heikin Ashi system

  • #981
  • Oct 14, 2009 4:45am Oct 14, 2009 4:45am
I know this isn't a pair normally traded for this sytem but looks like a nice short setup materializing. Especially if price breaks strong recent support at 1.6250. Goes against the fisher filter but I will take it not least because of the downward trend. New candle in 15 minutes.....
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TRADE FOR SWAP
  • #982
  • Oct 14, 2009 5:29am Oct 14, 2009 5:29am
If the fisher line is coming from above (or below) and it's just crossing the channel to continue on the other side then you can take the trade. See the example in your chart on Oct 1st at 12:00. The longer and more vertical the slope the better.

If it's on the channel or getinng into it with a very horizontal slope then you can expect a consolidation area

Quoting cgldsmth
I know this isn't a pair normally traded for this sytem but looks like a nice short setup materializing. Especially if price breaks strong recent support at 1.6250. Goes against the fisher filter but I will take it not least because of the downward trend. New candle in 15 minutes.....
  • #983
  • Edited 10:59pm Oct 14, 2009 3:59pm | Edited 10:59pm
Hey Longbar,

Great work so far on the EA!

Quick enhancement-Can you add a TP and SL parameter for custom stop loss and TP options.

For example if you only want to take 20 pips tp per entry

It would be cool if could have something like the following: If ATR Stoploss and TP is lower that user configured stoploss and TP then use ATR Stoploss and TP.

Else

use user configured TP and SL.

Edit: Also, can the EA be configured to use custom tp and use ATR stopless?

LB let me know if you have any questions.

Thank you
  • #984
  • Oct 15, 2009 3:28pm Oct 15, 2009 3:28pm
Can someone give feedback of the EA, profit/looses. I can't test it since I am on my live account all day long.

Thanks
  • #985
  • Oct 15, 2009 5:20pm Oct 15, 2009 5:20pm
All,

I'm testing the EA on live acct using 'All days' I'm using 0.01 in a mini account, so if I lose 1000 pips only $100usd. I'm trading all 11 recommended pairs but not the recommended days.

Let me know if you have any questions.

BTW no trades taken yet.
  • #986
  • Oct 15, 2009 5:22pm Oct 15, 2009 5:22pm
Quoting hello
All,

I'm testing the EA on live acct using 'All days' I'm using 0.01 in a mini account, so if I lose 1000 pips only $100usd. I'm trading all 11 recommended pairs but not the recommended days.

Let me know if you have any questions.

BTW no trades taken yet.
Very nice, Hello.....when did you start this test on the EA?
  • #987
  • Oct 15, 2009 5:26pm Oct 15, 2009 5:26pm
Quoting wrenski
Very nice, Hello.....when did you start this test on the EA?
Wrenski,

Started yesterday with the GBPUSD, but did not get in trades as there is strong bull trend! Applied other pairs today(about 2hrs ago).

Thank you
  • #988
  • Oct 15, 2009 9:29pm Oct 15, 2009 9:29pm
Quoting Mister ED
Hi Cliftonarms

I agree that this is fundamentally a lagging moving average system. It does not catch every move and it also may not achieve the maximal return on every trade. However the aim is to be mechanical and low imput whilst remaining profitable.

I have back tested all of the pairs I trade for a minimum of one year and in most cases for 5 years. What is more I have been forward testing this for the last 18 months or so.


(last month 2867 pips with 69% strike rate with 78 trades using 11 pairs)

I have backtested the EA for the month of September and got no where close to 2867 pips???? I know Mr E. was manual trading, but you would think the ea would be some what close.

Anyone else? LongBar?

Appreciate your help
  • #989
  • Oct 16, 2009 6:48am Oct 16, 2009 6:48am
Quoting hello
I have backtested the EA for the month of September and got no where close to 2867 pips???? I know Mr E. was manual trading, but you would think the ea would be some what close.

Anyone else? LongBar?

Appreciate your help

Hello - what was your pip total for last month? It may have a lot to do with the fact that you are using all days instead of the recommended days as suggested by Mr. Ed.
  • #990
  • Oct 16, 2009 6:52am Oct 16, 2009 6:52am
Quoting hello
I have backtested the EA for the month of September and got no where close to 2867 pips???? I know Mr E. was manual trading, but you would think the ea would be some what close.

Anyone else? LongBar?

Appreciate your help

Nice number. That is a fantastic results in one month. Did you use 4H time frame?
  • #991
  • Oct 16, 2009 8:12am Oct 16, 2009 8:12am
Quoting LongBar
Hi JR,

Yeah, I try to cater for every one's requests so all of us would enjoy as the EA expands.

Thanks for the list, it makes sense. Adding cgldsmth's request this would be then the full list at the moment:
[list=1][*]Option to limit combined risk. Something simple like "Max # of open trades" or "Minimum % Margin Required to Trade"[*]Option to use the wick or body of the HAS indicator for TSL. Wicks are more pronounced in HAS v2 and I'd like to test to see whether wicks or bodies are more profitable. Mr Ed also wrote...

Longbar,

Your work looks to have good results. I have a question regarding the ExitMethod. I understand some of them but I am still confused. Can you confirm my thoughts?

0:Fixed TP1 off ATR - Submit 1 lot and take profit at ATR
1:Trailing SL on HAS bar - Submit 1 lot but trails at HAS bar "LOW"
2:TP1 + trailing HAS bar orders - Submit 2 lots, 1 take profit at ATR and 1 trails at HAS "LOW"
3:TP1+BE & trailing HAS bar - NOT CLEAR TO ME. EXPLAIN PLEASE.


2 - Other question is, What is the latest EA release/version. I am using v1.4.0. Please confirm.


3 - What does Stat Method means?

0:Off
1:Backtest only
2:Always

4 - Finally. What does MagicNumber "20090722" means?

Thanks.
  • #992
  • Edited 8:24am Oct 16, 2009 8:16am | Edited 8:24am
Longbar, I've had the version 1.0.0 installed since it came out and initially it was executing orders. Recently, I've noticed that it hasn't been initiating orders as before and I was thinking that perhaps it had something to do with a recent change to 5 digit quotes.

I upgraded to version 1.4.0 Below are some of the error messages that I see. Can you help diagnose what my problem might be?

2009.10.16 09:14:40 MisterED_v1.4.0 USDCHF,H4: ERROR: SubmitOrder - order submit failed (MT Code: 130 Desc: invalid stops)

2009.10.16 09:14:40 MisterED_v1.4.0 USDCHF,H4: INFO: SubmitOrder - new BUY order at bid:1.02083000 , entry:1.02111000 SL:1.01738000 TP:1.02671000 Lot:0.40000000 exp:1970.01.01 00:00:00 ExitMethod:3 Cmnt:37.3 140.5%

2009.10.16 09:14:40 MisterED_v1.4.0 USDCHF,H4: INFO: CalculateLots - lots to risk (11156.81000000, 334.70430000, 364.40935317, 0.92000000, 0.40000000, 0.40000000)

2009.10.16 09:14:40 MisterED_v1.4.0 USDCHF,H4: INFO: CheckTrigger - HA colour change found, potential BUY direction trade (BUY,2:SELL)
  • #993
  • Oct 16, 2009 8:24am Oct 16, 2009 8:24am
Quoting BeerTrader
Longbar,...

Try and change the last setting TwoStepOrderSubmit to TRUE. May be your broker like mine does not allow you to submit orders with Stops/Limits at the same time. If not, ask LongBar.

Thanks
  • #994
  • Oct 16, 2009 8:54am Oct 16, 2009 8:54am
03:00:14 MisterED_v1.4.0 GBPUSDFXF,H4: WARNING: CheckPrereqs - Trading context busy, will try again at next incoming tick
03:00:14 MisterED_v1.4.0 EURJPYFXF,H4: WARNING: CheckPrereqs - Trading context busy, will try again at next incoming tick
03:00:14 MisterED_v1.4.0 GBPJPYFXF,H4: WARNING: CheckPrereqs - Trading context busy, will try again at next incoming tick
03:00:14 MisterED_v1.4.0 USDJPYFXF,H4: WARNING: CheckPrereqs - Trading context busy, will try again at next incoming tick
03:00:14 MisterED_v1.4.0 AUDUSDFXF,H4: WARNING: CheckPrereqs - Trading context busy, will try again at next incoming tick
03:00:14 MisterED_v1.4.0 GBPUSDFXF,H4: WARNING: CheckPrereqs - Trading context busy, will try again at next incoming tick
03:00:15 MisterED_v1.4.0 GBPJPYFXF,H4: WARNING: CheckPrereqs - Trading context busy, will try again at next incoming tick

No trades were taking and there were no manual trades at that time. Also, there were no valid Mr ED trades. I don't know why the EA is reporting these messages. When I look in the journal tab, there are no such trade context busy messages.
  • #995
  • Oct 16, 2009 9:01am Oct 16, 2009 9:01am
Quoting hello
I have backtested the EA for the month of September and got no where close to 2867 pips???? I know Mr E. was manual trading, but you would think the ea would be some what close.

Anyone else? LongBar?

Appreciate your help
What were your numbers for September?
  • #996
  • Oct 16, 2009 9:07am Oct 16, 2009 9:07am
Quoting hello
03:00:14 MisterED_v1.4.0 GBPUSDFXF,H4: WARNING: CheckPrereqs - Trading context busy, will try again at next incoming tick=
I'm getting the same messages on version 1.2.0

Also, there was a trade that should have opened yesterday (I believe) on USD/JPY. The trade was noted by the EA on the chart, but did not open.

Here's the message received in the "Experts" tab:

2009.10.15 15:44:00 MisterED_v1.2.0 USDJPYm,H4: INFO: init - MaxOpenPriceDiff, ATRMinimumTriggerPips values multiplied by 10 due to 3 digit feed (100, 0)

Any ideas why the trade did not open?

Thanks.
Greetings from Guanajuato, Mexico
  • #997
  • Oct 16, 2009 9:37am Oct 16, 2009 9:37am
Quoting wrenski
What were your numbers for September?
I don't remember exactly, but I'm sure it was not those numbers.

I will upload the data this weekend from my test in September
  • #998
  • Oct 16, 2009 10:05am Oct 16, 2009 10:05am
Quoting yen44x
I'm getting the same messages on version 1.2.0

Also, there was a trade that should have opened yesterday (I believe) on USD/JPY. The trade was noted by the EA on the chart, but did not open.

Here's the message received in the "Experts" tab:

2009.10.15 15:44:00 MisterED_v1.2.0 USDJPYm,H4: INFO: init - MaxOpenPriceDiff, ATRMinimumTriggerPips values multiplied by 10 due to 3 digit feed (100, 0)

Any ideas why the trade did not open?

Thanks.
I haven't started testing yet (the strat. or the EA). I will be on it full tilt the week of 10-25.

W.
  • #999
  • Oct 16, 2009 1:04pm Oct 16, 2009 1:04pm
Two trades have kicked off on live account(EURUSD/NZDUSD). Currently down pips
  • #1,000
  • Oct 16, 2009 1:36pm Oct 16, 2009 1:36pm
Quoting hello
Two trades have kicked off on live account(EURUSD/NZDUSD). Currently down pips

Yep, I see those. The EA is definitely taking the signals. Just sit tight...it is kinda late on Friday afternoon for any real action.
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