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Attachments: First look at Ematrader's latest EA
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First look at Ematrader's latest EA

  • #321
  • Jan 2, 2010 11:37am Jan 2, 2010 11:37am
Quoting quantz
When im testing this i have got error after modification. I have tested two uploads but the same error 130 what is wrong??
Start at post 230
  • #322
  • Jan 2, 2010 12:09pm Jan 2, 2010 12:09pm
Quoting quantz
When im testing this i have got error after modification. I have tested two uploads but the same error 130 what is wrong??

This has already been covered. You need to add a zero to TP and TS, etc.
  • #323
  • Jan 2, 2010 12:40pm Jan 2, 2010 12:40pm
Can i know are the SELL we also use this setting?

"Setting for the EA (Only 15 Min or higher)

Chart Eur/USD
SL - False
TS - 18
TP - 30 "

Quoting ematrader
Sell only EA
  • #324
  • Jan 2, 2010 1:15pm Jan 2, 2010 1:15pm
Quoting CodeMaster
Here's the code for those of you who are interested:
Hi
would you please combine these 2 EA in to one EA .. then we can have a backtest . and see the result.. tnx
  • #325
  • Jan 2, 2010 1:43pm Jan 2, 2010 1:43pm
You simply cannot expect a novice programmer to code an expert-advisor which will have consistent profits.

In London, trading companies pay groups of programmers 60K plus to develop/maintain trading systems.

The key to any long-term successful expert advisor will be how well it is able to "Adapt/Change" its entry/exit criteria. You can either:

1. program it to adapt on its own (this will require substantial code, certainly some form of relational database involved and object oriented programming)

2. have a human element (input), that helps the expert advisor understand how the market is trending or which strategy to use.


With both points, one would need to employ a series of strategies which the human or program would choose to use for an interval of time.

I commend ematrader for his efforts.

Good luck all
  • #326
  • Jan 2, 2010 1:53pm Jan 2, 2010 1:53pm
Quoting deergo
You simply cannot expect a novice programmer to code an expert-advisor which will have consistent profits.

In London, trading companies pay groups of programmers 60K plus to develop/maintain trading systems.

The key to any long-term successful expert advisor will be how well it is able to "Adapt/Change" its entry/exit criteria. You can either:

1. program it to adapt on its own (this will require substantial code, certainly some form of relational database involved and object oriented programming)

2. have a human element (input), that helps...
It can and is done by using known market patterns with +/- degrees of deviation.

My trading floor employees people todo this but what it does is give BUY/SELL/CLOSE signals, it is then upto the individual trader to accept or ignore based on his/her knowledge of the current market conditions.

Scoobs.
  • #327
  • Edited 3:36pm Jan 2, 2010 3:18pm | Edited 3:36pm
Quoting ChicagoRob
This has already been covered. You need to add a zero to TP and TS, etc.
I have still order send error 130:/ i have to set stop loss to get working this.... what the ST is??
  • #328
  • Jan 2, 2010 3:20pm Jan 2, 2010 3:20pm
Ematrader: Thanks for the EA...nice work. I look forward to putting in some more time to understand the potential use of your strategy.
  • #329
  • Jan 2, 2010 3:33pm Jan 2, 2010 3:33pm
ematrader,

please include the equity recorder library from here: http://codebase.mql4.com/6217 into the EA and then produce a proper equity chart and post it here. Your Balance-Curves are meaningless, we need to see the total equity instead which is the only important number in this whole game.
  • #330
  • Jan 2, 2010 6:32pm Jan 2, 2010 6:32pm
Quoting nubchai
I agree that without a SL this ea will eventually blow an account. Also the drawdown would be quite big.

One option would be to look into adding a hedging strategy to the EA when the trade started to move against you. Ex: long trade moves 50 pips against you enter a short trade. Trade moves another 50pips against you enter another short trade. (The 50 pips is an example. You;d have to experiment and optimize)

I still think a reasonable SL is needed
I have used Fap Turbo, Steinitz and Pipzu and they all have stops and still blew up accounts, so my point is to learn to trade yourselves and use the email feature in the EA to analize entry in the trade. Only take positions with the trend from the higher time frames. Give Ematrader a break He is only like a lot of us trying to get meat for the gravey. If I were Him I would not even post here any more! You Guys are hostile!!!!!!!!!!!!!!
  • #331
  • Jan 2, 2010 9:25pm Jan 2, 2010 9:25pm
Hi Ema

I am not sure if you are reading posts here or not, would not blame you if you don't. I thank you for sharing your EA. I will try it on demo as you suggested and I will wait for further instruction/documents/versions etc.

It will be fun to forward test it. I am aware that you mentioned that the EA is for 15 min TF or higher, therefore I assume that 4hr and daily tfs are also suitable.

Cheers and thanks.
What you do is a reflection of you....what I do is a reflection of me.
  • #332
  • Jan 2, 2010 10:19pm Jan 2, 2010 10:19pm
Shame, Shame, Shame....

I have been following this thread since last year (2009), and I must say, I totally agree with ematrader. I thought ppl come here to learn n share. Ematrader is trying to share, NOT TO SELL his system.

And worst of all, I don't think he forced anybody to come and read his thread. He has repeatedly stated that the version he posted is beta V.2, which means it is not the final version. He has repeatedly stated just try to backtest on a specific dates. He will post the final version when it is available.

To those of you who are so SMART, can't you understand what he meant? Why did you come to this thread in the first place? Coz you wanna know if his ea can make money for you, right? Why can't you let him finish his work and present the final version? Then, and only then can you post any criticism to the ea.

If you don't like what you see, by all means, go somewhere else. I believe there are still others who would like to follow this thread.

If you are so SMART, why don't you share your trading system. I am sure you are not doing so well yourself. So give others a chance to share theirs.

Sorry if my comment sound disturbing. I just wish that in this New Year, we learn to give people a chance to share their thought. We are not forced to, in any way, to follow. SO, if we don't like it, just leave..

Happy New Year and Happy Trading...
  • #333
  • Jan 2, 2010 10:29pm Jan 2, 2010 10:29pm
Quoting pipchaser888
Shame, Shame, Shame....

I have been following this thread since last year (2009), and I must say, I totally agree with ematrader. I thought ppl come here to learn n share. Ematrader is trying to share, NOT TO SELL his system.

And worst of all, I don't think he forced anybody to come and read his thread. He has repeatedly stated that the version he posted is beta V.2, which means it is not the final version. He has repeatedly stated just try to backtest on a specific dates. He will post the final version when it is available.

To those of you...


Pipchaser,

I agree with you completely and hope ematrader will come back to the thread. Although, I'm not sure he will at this point and I don't blame him a bit. I personally trade several systems and markets ( forex, s&p 500, russell 2000) but am always eager to learn new things. That's what makes a successful trader....one who is eager to learn.

Cheers.....
txtaz
  • #334
  • Jan 3, 2010 12:22am Jan 3, 2010 12:22am
i have better ea on live 100% a month
  • #335
  • Jan 3, 2010 2:16am Jan 3, 2010 2:16am
Quoting dil
i have better ea on live 100% a month
??
What you do is a reflection of you....what I do is a reflection of me.
  • #336
  • Jan 3, 2010 2:41am Jan 3, 2010 2:41am
I come back to this thread because it is delicious, and for no other reason.
  • #337
  • Jan 3, 2010 3:57am Jan 3, 2010 3:57am
Quoting pipchaser888
Shame, Shame, Shame....

I have been following this thread since last year (2009), and I must say, I totally agree with ematrader. I thought ppl come here to learn n share. Ematrader is trying to share, NOT TO SELL his system.

And worst of all, I don't think he forced anybody to come and read his thread. He has repeatedly stated that the version he posted is beta V.2, which means it is not the final version. He has repeatedly stated just try to backtest on a specific dates. He will post the final version when it is available.

To those...
WELL SAID!

Happy New Year to all!

福 子 Victor V
  • #338
  • Jan 3, 2010 4:05am Jan 3, 2010 4:05am
Quoting dil
i have better ea on live 100% a month
Dil,

No offence but what you have just said means nothing to me, at least. What i mean is don't bring this (i have better ea on live 100% a month) up if you are not prepared or willing to share with us here in FF. By just simply making a statement or saying without any support or evidence, you are just TCSS.

Well, i do hope you will prove me wrong later. If so, please accept my apology.

P.S. If you do not know what's TCSS, ask a Singaporean or Malaysian friend.
福 子 Victor V
  • #339
  • Jan 3, 2010 4:07am Jan 3, 2010 4:07am
Quoting camvcvoo
Dil,

No offence but what you have just said means nothing to me, at least. What i mean is don't bring this (i have better ea on live 100% a month) up if you are not prepared or willing to share with us here in FF. By just simply making a statement or saying without any support or evidence, you are just TCSS.

Well, i do hope you will prove me wrong later. If so, please accept my apology.

P.S. If you do not know what's TCSS, ask a Singaporean or Malaysian friend.
yep i will post statement.
  • #340
  • Jan 3, 2010 7:06am Jan 3, 2010 7:06am
Quoting dil
yep i will post statement.
Sorry if i sound harsh.

Please clarify if you are willing to let people in FF to use this particular EA. If your intention is commercial, you can PM me.

Thanks.
福 子 Victor V
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