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Mister ED's 4 hour Heikin Ashi system

  • #1,041
  • Oct 21, 2009 12:08pm Oct 21, 2009 12:08pm
Quoting LongBar
That's a good way not to have any loosing trades
Longbar
An EA master with a sense of humor . . . that's a great combination.
Greetings from Guanajuato, Mexico
  • #1,042
  • Oct 21, 2009 8:51pm Oct 21, 2009 8:51pm
Quoting LongBar
That's a good way not to have any loosing trades

Well, please double check that you have the appropriate HAS indicator installed on MT. Review the terminal log (Crtr+T, Journal tab) and the Experts tab for any obvious error resulting in no trades.

If you still do not see the root cause then please do the following:

 

  1. Open a new chart
  2. Attach the EA to the new chart with your usual settings
  3. Wait a minute to let it process a few incoming ticks
  4. Take a screenshot (eg File/Save as picture)

Then send me the picture and...

Hey LongBar,

Can you add a function in the EA where we can choose a custom TP; but still use the ATR calculations for the stoploss. I feel like the stoploss is optimized, but we can optimize TP with a custom TP parameter to take more or less pips.

Let me know if you don't quite understand(I talk better than I type )

Thank you
  • #1,043
  • Oct 22, 2009 6:53am Oct 22, 2009 6:53am
[quote=LongBar;3156331]This version 1.5 allows us to play with the different HAS indicator versions and check trailing function tracking the body or the wick of the HAS bars.

New features:

 

  1. Parameter HASIndicatorVer to select version 1 (Heiken_Ashi_Smoothed.mq4) or version 2 (Heiken_Ashi_Smoothed rev 2.mq4) to be used by the EA. Be sure you have the corresponding indicator already installed on MT! Mister ED used ver 1 as default.
  2. Parameter TrailingHASLong and TrailingHASShort to drive which part of the HAS bar the EA should use for trailing SL. Use value 0 to set SL according to the body part of the HAS bar, value 1 will refer to the wick part. In case of long/buy position the top of the body/wick is used, for short position the bottom of the body/wick is used for trailing.
  3. Ticket comment now contains EA version number instead of EA name (no more space left there hence the replacement)

If someone gets to the point to compare results with the different indicator versions and body/wick approach please share out the results - I am very interested in

Stevegee58 fixed the HAS indicator earlier (Heiken_Ashi_Smoothed rev 2.mq4), download it from post 285.

Hi Longbar, I've d/l the ea and HAS indicator and set them up as described elsewhere in this thread. While i'm familiar with eas can you please give me a little help with the time settings for the individual days?
For example, if I wanted the ea to operate on Mondays from 00:01 to 00:00 then how would be placed exactly in the ea?

Many thanks,

McKevvy

  • #1,044
  • Oct 22, 2009 4:39pm Oct 22, 2009 4:39pm
Quoting hello
Hey LongBar,

Can you add a function in the EA where we can choose a custom TP; but still use the ATR calculations for the stoploss. I feel like the stoploss is optimized, but we can optimize TP with a custom TP parameter to take more or less pips.

Let me know if you don't quite understand(I talk better than I type )

Thank you
hello,

What about the EA parameter ATRMultiplierTP?

You can scale up/down the TP relative to the ATR value. As such the strategy (and the EA) takes relative values so using an absolute TP figure would be out of sync with the main idea of Mister ED.

What do you think?

Longbar
  • #1,045
  • Oct 22, 2009 4:43pm Oct 22, 2009 4:43pm
[quote=McKevvy;3168442]
Quoting LongBar
Hi Longbar, I've d/l the ea and HAS indicator and set them up as described elsewhere in this thread. While i'm familiar with eas can you please give me a little help with the time settings for the individual days?
For example, if I wanted the ea to operate on Mondays from 00:01 to 00:00 then how would be placed exactly in the ea?

Many thanks,

McKevvy
In order to trade Mondays around the clock (at new bars of your choice as per EAPeriod) set up the EA as follows:

 

  1. TradeDay = Mon
  2. TradeTimeMon = All

That's all!

  • #1,046
  • Oct 22, 2009 9:43pm Oct 22, 2009 9:43pm
Quoting LongBar
hello,

What about the EA parameter ATRMultiplierTP?

You can scale up/down the TP relative to the ATR value. As such the strategy (and the EA) takes relative values so using an absolute TP figure would be out of sync with the main idea of Mister ED.

What do you think?

Longbar
That parameter does not work like I in vision. It is set at 1(which I believe is the lowest). Would it be hard to add a part in the code that uses the custom TP and the atr as the stop loss? The reason for my inquiry, is a lot of times when a trade is active, the market moves 10 pips in the correct direction. Personally, I can take 10 pips a day and be more than happy.
  • #1,047
  • Oct 23, 2009 12:57am Oct 23, 2009 12:57am
I am getting this Warning in all my charts. It says it will try in next incoming tick. But dont think, it is doing that...

Can anybody please help. Do I need to set any paramter for this.

Thanks,
Prakash
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.gif Size: 22 KB
  • #1,048
  • Oct 23, 2009 2:28am Oct 23, 2009 2:28am
Quoting hello
That parameter does not work like I in vision. It is set at 1(which I believe is the lowest). Would it be hard to add a part in the code that uses the custom TP and the atr as the stop loss? The reason for my inquiry, is a lot of times when a trade is active, the market moves 10 pips in the correct direction. Personally, I can take 10 pips a day and be more than happy.
Right, I add this feature to the to-do-list.
  • #1,049
  • Oct 23, 2009 2:30am Oct 23, 2009 2:30am
Quoting Prakash007
I am getting this Warning in all my charts. It says it will try in next incoming tick. But dont think, it is doing that...

Can anybody please help. Do I need to set any paramter for this.

Thanks,
Prakash
See my previous post 1011 and 1012.

LB
  • #1,050
  • Oct 23, 2009 2:42am Oct 23, 2009 2:42am
Quoting LongBar
See my previous post 1011 and 1012.

LB
Thanks for the clarification. But it looks like it stuck with that warning message.

So it requires a manual intervention of restarting the MT. But for that, I should be infront of my laptop isnt it.

Is there any other way of doing it. Can we program to restart the MT automatically?

Thanks,
Prakash
  • #1,051
  • Oct 23, 2009 6:07am Oct 23, 2009 6:07am
Quoting Prakash007
Thanks for the clarification. But it looks like it stuck with that warning message.

So it requires a manual intervention of restarting the MT. But for that, I should be infront of my laptop isnt it.

Is there any other way of doing it. Can we program to restart the MT automatically?

Thanks,
Prakash
Hi Prakash,

Looks like you ran into an MT problem - I do experience similar from time to time.

Note that the EA has no visibility and not intended for checking the healthiness of its host MT application. This should be done by an external (to MT) process or the end user (ie yourself As I have similar issues in general I am just thinking to start up a project to monitor and restart MT instances when appropriate... until someone has a better idea?

But for the time being I guess manual MT restart would be simplest way to do this.

Cheers
Longbar
  • #1,052
  • Oct 24, 2009 12:42pm Oct 24, 2009 12:42pm
Hi Longbar,

Sorry to burden you with more questions. I have used the Metaeditor to decode the changes to the EA over the past few months but I need to clarify the following:

Entry Method: I am using 2, Std and retracement. What is method 3 Reversed standard entry.

Exit Method: 2 TP1 trailing HAS Bar orders. Does this close the first trade at TP1 and trail the second order on the HAS bar?

TP1 Orderlotspct Does this split the 2 orders 50/50 at entry if 50 is entered?

Stat Method. What does this do?

Many thanks.
  • #1,053
  • Oct 24, 2009 1:30pm Oct 24, 2009 1:30pm
[quote=ianforex;3173298]Hi Longbar,

Sorry to burden you with more questions. I have used the Metaeditor to decode the changes to the EA over the past few months but I need to clarify the following:

Quoting ianforex
Entry Method: I am using 2, Std and retracement. What is method 3 Reversed standard entry.
Will enter the market when standard trigger encountered as normal, however it will open opposite direction position, ie instead of BUY it'll SELL etc. Note that this will not look for retracement trigger.

Quoting ianforex
Exit Method: 2 TP1 trailing HAS Bar orders. Does this close the first trade at TP1 and trail the second order on the HAS bar?
This is what exactly it does.

Quoting ianforex
TP1 Orderlotspct Does this split the 2 orders 50/50 at entry if 50 is entered?
This is what exactly it does.

Quoting ianforex
Stat Method. What does this do?
See my other post 776

Longbar
  • #1,054
  • Oct 24, 2009 2:34pm Oct 24, 2009 2:34pm
Hey Longbar,

When will you release the next version?

Thank you
  • #1,055
  • Oct 25, 2009 1:21am Oct 25, 2009 1:21am
[quote=LongBar;3173319]
Quoting ianforex
Hi Longbar,

Sorry to burden you with more questions. I have used the Metaeditor to decode the changes to the EA over the past few months but I need to clarify the following:



Will enter the market when standard trigger encountered as normal, however it will open opposite direction position, ie instead of BUY it'll SELL etc. Note that this will not look for retracement trigger.



This is what exactly it does.



This is what exactly it does.



See my other [url="http://www.forexfactory.com/showthread.php?p=3021979#post3021979"]post...
Hi Longbar,

Many thanks for the reply. For information I have had a great month using the EA to paper trade and appreciate all your hard work on the EA. I am planning to try it live in November with manual intervention if required.

Thanks again,

Ian
  • #1,056
  • Oct 25, 2009 11:44am Oct 25, 2009 11:44am
Mister ED,
Are you on the EA from Longbar or are you still entering manually?
  • #1,057
  • Oct 25, 2009 4:39pm Oct 25, 2009 4:39pm
New features in version 1.6.0:

 

  1. RAVI FX Fish indicator based entry filter. Set the RAVIFX_EntryFilter to 1 to enable the filtering and use the other RAVIFX_xxx parameters to configure the indicator. If the indicator value is between the +/-RAVIFX_Trigger range then the filtering takes place, ie trading trigger of HAS bars ignored
  2. Parameter CustomTP1 to override the Mister ED's default ATR based TP1 calculations. Set CustomTP1 in pips to override or set it to 0 (zero) to use the default ATR based TP1 calculations.

My very limited and non-representative development tests show increased win ratio and profitability by each one of the above new feature - however appropriate testing should be performed before drawing any conclusion.

Before going ahead with the RAVI FX Fisher indicator dont forget to install it on your MT terminal - bali2002 shared it with us at post 966.

Enjoy the week!

Longbar

Attached File(s)
File Type: mq4 MisterED_v1.6.0.mq4   58 KB | 455 downloads
  • #1,058
  • Oct 25, 2009 5:07pm Oct 25, 2009 5:07pm
Longbar you are the man

thanks for all your hard work
  • #1,059
  • Oct 25, 2009 10:00pm Oct 25, 2009 10:00pm
Quoting LongBar
New features in version 1.6.0:
[list][*]RAVI FX Fish indicator based entry filter. Set the RAVIFX_EntryFilter to 1 to enable the filtering and use the other RAVIFX_xxx parameters to configure the indicator. If the indicator value is between the +/-RAVIFX_Trigger range then the filtering takes place, ie trading trigger of HAS bars ignored[*]Parameter CustomTP1 to override the Mister ED's default ATR based TP1 calculations. Set CustomTP1 in pips to override or set it to...
I think I may have found an issue OR maybe a better way to use the RAVI filter. Look at the circles in my attachment, which a buy was triggered and stopped out.

I think we should use the first HAS candle against the RAVI filter? What do you guys think?
Attached Image (click to enlarge)
Click to Enlarge Name: example.gif Size: 20 KB
  • #1,060
  • Oct 26, 2009 8:07am Oct 26, 2009 8:07am
Quoting hello
I think I may have found an issue OR maybe a better way to use the RAVI filter. Look at the circles in my attachment, which a buy was triggered and stopped out.

I think we should use the first HAS candle against the RAVI filter? What do you guys think?
Oops, that's my bad - thanks for pointing out!

See attached the bug fix, which takes the second last bar instead of the current/last one.

Also I streamlined a bit the filter handling code...

Longbar
Attached File(s)
File Type: mq4 MisterED_v1.6.1.mq4   57 KB | 482 downloads
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