My Profitable Expert Advisor For U! Let's Optimize it Together | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Profitable Expert Advisor EA found at forexfactory 2 replies

How to build a very profitable EXPERT ADVISOR 3 replies

Let's build together a system which makes 1000%/month 427 replies

Let's Learn Candlesticks Together 35 replies

Pattern trading indicators - let's make it together! 6 replies

Attachments: My Profitable Expert Advisor For U! Let's Optimize it Together
Exit Attachments

My Profitable Expert Advisor For U! Let's Optimize it Together

  • #1
  • First Post: Edited Feb 26, 2010 11:18am Feb 11, 2010 8:10pm | Edited Feb 26, 2010 11:18am
Hello friends of Forex Factory.

My name is L.A. Louizos.

My primary job is research in computational nanomechanics.

In my free time I have created what seems like a profitable expert advisor.
at least for backtests from 2006 till today.

I do not have the free time to test it and refine it, so I decided to share it with all the members of this forum and do the optimization of the trading strategy all together for fun!

Venus EA utilizes a trend following strategy. The strategy is:

Buy--> Frama Period_M30 > Frama Period_H4 && MA_13 Period 30 > FRAMA PERIOD_M30 && RSI_14 Period_H4 < 40

Sell--> Opposite from Buy except RSI > 60

FRAMA is the Fractal Adaptive Moving Average.

The backtest for 2009 is here:

http://www.forexrobotscoach-louizos....avity_2009.htm

Backtest for 2006 till 04/2009 here:

http://www.forexrobotscoach-louizos....r2006-2009.htm

I made it to work in 5D accounts. I backtested it with FXCM the FWC edition.

Copy the Ind file to /indicators folder and the other file to /experts folder.

Let's break the hell out of Venus EA and make her better!

Any improvements proposed will be immediately hardcoded and offered back to this great forum!

Waiting for your comments.

PS: Also added the Voice4MT4 plugin I have created. Install it in your MT4 folder and it will give you voice notifications instead of plain sounds. Something like HAL for your MT4...(well not quite HAL, just voice..)

Get it from here:
http://www.forexrobotscoach-louizos.com/Voice4MT4.exe

Thanks to hayseed for giving me the idea...

PS: New Forward Test Account with Revised Edition Results:

Download JadeFX Meta Trader Platform from below:


http://www.jadeinvestments.com/demo.htm


Install it and login to my account with the credentials below:


Login : 2088182543

Investor Password : 0urgmfz

Server: 208.118.225.183:443


Attached File(s)
File Type: mq4 Venus Quantum Gravity 5D.mq4   15 KB | 3,956 downloads
File Type: mq4 Quantum Gravity Ind.mq4   3 KB | 3,832 downloads
File Type: pdf VENUS POWER USERS.pdf   76 KB | 4,397 downloads
Singularity is near....
  • #2
  • Feb 11, 2010 9:51pm Feb 11, 2010 9:51pm
Quoting alouisos
Hello friends of Forex Factory.

My name is L.A. Louizos.

My primary job is research in computational nanomechanics.

In my free time I have created what seems like a profitable expert advisor.
at least for 2009 in backtests.

I do not have the free time to test it and refine it, so I decided to share it with all the members of this forum and do the optimization of the trading strategy all together for fun!...
Thanks for sharing. I just saw this post. A few suggestions .
Add breakeven with trailing step. Not sure if the crawlstop is related.
Add reentry after x pips in loss (pipstep) with increament of 1times x at reentries.
If you know how, make it multipair so put on one chart to trade all user selected pairs.

Cheers
  • #3
  • Feb 11, 2010 10:09pm Feb 11, 2010 10:09pm
alouisos,

Thanks for sharing.

Regards,

getdown71
  • #4
  • Edited 11:54pm Feb 11, 2010 10:46pm | Edited 11:54pm
thank you for sharing...

i will test it forward demo.
i apreciated

please, any improving for this ea, that would be great too to share...

i just put it running, any spesific TF use this EA?
SL=190 TP=200, look like a default is pips, do you think it can be use for only small pips like SL=30 and TP 30 ?

with that many SL and TP, it's a better chance to use it at daily or weekly TF that have a higher range pips.

how about use end point cycle indicator? it's one of the best cycle indicator.

this qravity indicator is great, any one can help to alert on this please?
it can to follow the trend with this crossing...

red above blue=long
red below blue=short

thx.
  • #5
  • Feb 12, 2010 3:57am Feb 12, 2010 3:57am
hi alouisos,

i try the ea it has 2 opening already... but i use only SL=30 and Tp=30, one win, one losses.

would you please tell how to set up this feature ?
is it the ea do hedging and averaging? or multiplier? or open one by one order?

i've got confuse with the setting....

talk on open= ? is it can talk?
talk on close= ? ========= same above?
close on opposite=? opposite when change direction signal??
use close signal= ? closing by signal indicator ?
use risk management= false? is it do averaging or multiplier?
use variable risk= true/false? what is true? and false?
order type buy 0>> the setup can only choose only buy or sell right?
order type sell 1
risk1= 0.0 >> is it how many percent risk we can lose in one opening?
open second order= is it open order the same direction or different direction? does it mean do hedging or averaging?
crawling stop? what is this?
open order limit=4?? is it maksimun order in one time? i only need one order a time.... must be set up 1?
limit order per day=true
daymaxorder count=4 >> maksimun order in one day?

sorry, i ask a lot of question, i don't understand coding that why confuse about this setup...

thx.
  • #6
  • Feb 12, 2010 6:42am Feb 12, 2010 6:42am
Quoting watube
Thanks for sharing. I just saw this post. A few suggestions .
Add breakeven with trailing step. Not sure if the crawlstop is related.
Add reentry after x pips in loss (pipstep) with increament of 1times x at reentries.
If you know how, make it multipair so put on one chart to trade all user selected pairs.

Cheers
Venus has trailing stop loss input but it seems in back tests that it stops the trades too soon with small profit.

I also believe that Martingale feature (adding trades to loss) is also very dangerous. Venus is a trend EA. When it misfires the trend it losses so adding a martingale will only add to the drawdown.

Thank you for your comments and suggestions!
Singularity is near....
  • #7
  • Feb 12, 2010 6:48am Feb 12, 2010 6:48am
Quoting tulipevierge
thank you for sharing...

i will test it forward demo.
i apreciated

please, any improving for this ea, that would be great too to share...

i just put it running, any spesific TF use this EA?
SL=190 TP=200, look like a default is pips, do you think it can be use for only small pips like SL=30 and TP 30 ?

with that many SL and TP, it's a better chance to use it at daily or weekly TF that have a higher range pips.

how about use end point cycle indicator? it's one of the best cycle indicator.

this qravity indicator is great, any one can...

I am already forward testing it in demo. Althouth it is profitable for now I am not very satisfied with the results.

You can get investor only access to my forward testing here:

http://www.alpari.co.uk/

Install it and login to my account with the credentials below:

Login : 1451574

Investor Password: o1zjwne

Server: 193.46.204.122

The Quantum indicator is a modified version of the FRAMA indicator found in MQL codebase.

The alert feature you propose is a nice idea and I will code it and share it here.

I will also try to embed end point cycle indicator in trading to see results and share it also.

The inputs are the default I found to work best in backtesting for 2009.

It seems that Venus does not work well with lower TP and SL. Test it for yourself to see.

Thank you very much for the comments and suggestions.

:-)
Singularity is near....
  • #8
  • Edited 8:54am Feb 12, 2010 8:40am | Edited 8:54am
Quoting alouisos
I am already forward testing it in demo. Althouth it is profitable for now I am not very satisfied with the results.

You can get investor only access to my forward testing here:

http://www.alpari.co.uk/

Install it and login to my account with the credentials below:

Login : 1451574

Investor Password: o1zjwne...

hi,

i notice it too, it need a bigger SL....

maybe it need other indicator to confirm, because rsi still at 40/6o... it can go more higher or lower....
to open more safety can do rsi 70/30, or you can put stochastic filter time frame when allowed to sell>80 and allowed to buy<20 , about stochastic TF must be optional choice to optimize, and the TF must be little TF than Rsi... i think TF=30 or 15... to make sure stochastic at over 80 and under 20 at this little TF.

when stoch >80, the price can go higher if rsi go more higher, visa versa...

read this pdf, i hope you can make this end point indicator base on this...

ok, i will check it, and i run at vps already at some currencies.
Attached File(s)
File Type: pdf sp5epfft.pdf   57 KB | 1,470 downloads
  • #9
  • Feb 12, 2010 8:46am Feb 12, 2010 8:46am
hey alouisos..... took a look at your .com, so i see this is something you are truely interested in......

also took a quick look at the code...... one possible addition might be to allow for the quantum settings to be variable....

and might want to allow the user to change the if ("ok.wav") associated with the TalkOnOpen option..... just in case they don't have it.....

other changes come to mind, along with some basic structure rearrangements........

ran some backtests.....they look pretty good......h




Inserted Code
 
 
extern int    periods       =     16;
extern double first         =      5;
extern double second        =      5;
extern string wave           ="ok.wav";
extern int    rsiperiods     =     14;   // perhaps
//--
 
//--
    if (iCustom(NULL, PERIOD_M30, "Quantum", periods,first,second, 1, 1) > iCustom(NULL, PERIOD_H4, "Quantum", periods,first,second, 1, 1) 
&& iMA(NULL,PERIOD_M30,13,8,MODE_SMMA,PRICE_MEDIAN,1) > iCustom(NULL, PERIOD_M30, "Quantum", periods,first,second, 1, 1) 
&& iRSI(NULL,PERIOD_H4,rsiperiods,PRICE_CLOSE,0) <40)
        return (1);
 
 
 
//---
if (TalkOnClose)
                PlaySound(wave);
to trade and code, keep both simple... no call to impress....h
  • #10
  • Feb 12, 2010 8:55am Feb 12, 2010 8:55am
Quoting tulipevierge
hi alouisos,

i try the ea it has 2 opening already... but i use only SL=30 and Tp=30, one win, one losses.

would you please tell how to set up this feature ?
is it the ea do hedging and averaging? or multiplier? or open one by one order?

i've got confuse with the setting....

talk on open= ? is it can talk?
talk on close= ? ========= same above?
close on opposite=? opposite when change direction signal??
use close signal= ? closing by signal indicator ?
use risk management= false? is it do averaging or multiplier?
use variable risk= true/false?...
Hello my friend,

I have added a manual on inputs of Venus. It is best used in EURUSD with the preset inputs but you may play with her as you wish.

I hope this helps...
Singularity is near....
  • #11
  • Feb 12, 2010 9:05am Feb 12, 2010 9:05am
about stochastic, is only allowed time frame to trade, like start and end start trading... not to put stochastic in that EA.

> 80 allowed to trade
20-80 = no trade
<20 allowed to trade
(visa versa)

you make the ea base on different time frame too... it will confirm waiting at this area.

there is maybe 2 option :
trade long when price is high and short when price is low or
trade long when price is low and short when price is high...

too much filter indicator will make a few opening too....
but it's ok you make the ea base at bigger TF, it means catch to big pips
  • #12
  • Feb 12, 2010 9:20am Feb 12, 2010 9:20am
Quoting hayseed
hey alouisos..... took a look at your .com, so i see this is something you are truely interested in......

also took a quick look at the code...... one possible addition might be to allow for the quantum settings to be variable....

and might want to allow the user to change the if ("ok.wav") associated with the TalkOnOpen option..... just in case they don't have it.....

other changes come to mind, along with some basic structure rearrangements........

ran some backtests.....they look pretty good......h




[code]

extern int...

Thank you very much for your additions. I will add the options about Quantum Ind.

The TalkOnOpen and TalkOnClose inputs are based on a custom audification program I have created for Meta Trader Platforms.

Your modifications gave me the idea to share it with people in this forum.

You may get it from here:

http://www.forexrobotscoach-louizos.com/Voice4MT4.exe

Install it in your MT4 folder. You will get custom voice sounds for the MT4.

I hope you like it...

Thanks again for the feedback.

L.A.>
Singularity is near....
  • #13
  • Feb 12, 2010 10:45am Feb 12, 2010 10:45am
Good of you to share you great looking EA ....I was doing a back test and sometimes theres an error,
"OrderModify error 4108
error(4108): invalid ticket"

?
  • #14
  • Feb 12, 2010 10:48am Feb 12, 2010 10:48am
Quoting cspip
Good of you to share you great looking EA ....I was doing a back test and sometimes theres an error,
"OrderModify error 4108
error(4108): invalid ticket"

?
Yes, this error is due to modification of the EA code to work with ECN brokers. In these brokers you have to first set the trade and then modify for SL or TP.

It does not affect forward testing or backtesting also.

Thank you for your comments.
Singularity is near....
  • #15
  • Feb 12, 2010 6:04pm Feb 12, 2010 6:04pm
hey alouisos ..... was curious about part of the buy and sell rules ......

//---

for the buy it's,

30 minute "Quantum" > 4 hour "Quantum" .....

for the sell it's

hour "Quantum" < day "Quantum" ..... timeframes don't match....


//----

that might be correct but seems unusual..... most often the timeframes would match.... in my backtests it works better with matching timeframes.....

//---

there was an ordermodify error and an unknown ticket error.... i corrected a few things to fix the errors..... the unknown ticket is due to this line of code..... not sure of it's purpose.... +1... ????....

Inserted Code
 
OrderModify(OrderTicket() + 1, OrderOpenPrice(), stoploss, takeprofit, 0, Yellow);



there are several other structural changes that would be benificial.....h
to trade and code, keep both simple... no call to impress....h
  • #16
  • Feb 12, 2010 6:44pm Feb 12, 2010 6:44pm
Quoting hayseed
hey alouisos ..... was curious about part of the buy and sell rules ......

//---

for the buy it's,

30 minute "Quantum" > 4 hour "Quantum" .....

for the sell it's

hour "Quantum" < day "Quantum" ..... timeframes don't match....


//----

that might be correct but seems unusual..... most often the timeframes would match.... in my backtests it works better with matching timeframes.....

//---

there was an ordermodify error and an unknown ticket error.... i corrected a few things to fix the errors..... the unknown ticket is...
Hey Hay,

I do not remember the reason for +1 in the code. I think it is necessary for the backtests.... but I am not sure.... I will look into it.

The timeframes were this way because it performed better in my backtests.

Please share your backtests too see which one is better.

Has anyone performed a backtest prior to 2008?

I am not proud for the structure of this code. Needs many struct opts for sure.

Guess the fire is on! Let's continue our collective intelligence gathering and I will post the best changes. Just waiting to get some work free time to do it...

Feel free to hack it as you like and post your own modifications also!
Singularity is near....
  • #17
  • Feb 13, 2010 1:11am Feb 13, 2010 1:11am
hi,

actually this ea does not need to much testing, because base on rsi...

rsi is like stochastic to see the swing will happened next...

for me when i see rsi, that only happened not a lot... trading with rsi like this :

when under <30, usually i am waiting 20, i will jump in what ever the price....
but some times i check it with the stochastic TF=30 to get more cheaper price.... if buy rsi around 25 and stochastic little TF must be around 20-40.
mostly i will need a bigger SL, but when i do with small opening 0.1 lot even no SL, or i put usually around 100 SL.

but the secret is because in forex there are overlapping candle.
because people will do closing their position that mean there is chance reverse the position.... that will change from sell to buy and buy to sell that will rebound....

that why there is swing at most of this area.......

when i see how this ea rule, i know it will work because base on rsi oversold and overbough area....

i think with the frama different TF will get more cheaper price.... but it's still need over 30-50 SL that is not allowed for me.

with the ea, i only allowed SL around 30-50, with TF rsi 4 hour must be target profit over 30-150.

i treated like a bussiness thing, when is cheaper =buy and when is expensive =sell... it is easy but it will work, because overlapping things happened in forek, most people will close position. closing mean=do action different direction from the first opening... the thing is how cheaper and expensive will you get with your reasonable set SL ?

i like the ea when they have different TF each of them indicator... mostly is profitable

because it can use bigger TF on indicaator to see the medium trend>> macd, fisher, etc...

and when do opening it base on small time frame indicator to entry like stochastic, cci, i trend etc...

the things is this ea only have a few opening sometime 1-2 a week or 2 weeks.

maybe don't try to do closing posing position until it hit target because already takes a long time waiting this signal to get rsi is under <40 and over >60. and then waiting the frama signal

i hope i explain this more clear.... if put more indicator to put at this ea will only make it to get harder opening position because of the screening....

this ea already perfect only waiting when to enter to get more cheaper price before it reversal happened... and need profit management maybe moving the SL to break even ... i am talking here about there is 2 or 3 target profit because it work for rsi 4 H.

--- to get a more cheaper price i think waiting when stochastic is 20 0r 30 when at small TF(15 or 30) visa versa----

i am not coding, but i have an EA work always same thing with different indicaator and all diffferent TIme frame with martintriangle, trendspacing, counter trend etc all in one.... with the best profit management.... but most opening base on stochastic filter time frame to get more cheaper price. it work base on 10 indicator and stochastic TF, it profitable but only maybe one opening one month, so i use only 6 of them make it aroung one opening everyweek... or only use one indicator base on each of them trigger point example macd>0=buy, but i like the ea that have percentage for winning bigger than losing.....

how about this profit management? :

buy at 100, SL=50 TP 1=30 TP2=90 TP3=150 Trailing=30.

when the price go to 130, SL move to break even....and when go to 90, SL move to 130, and when price go to over 100, SL move to 90...

if hit SL, let it happened hit SL but more chance winning over than 60 percent when you open position at the overbough and oversold area because of the reversal....

i hope it will improved this ea, sorry for my bad english...
if we change rsi to 30 or to 70, sometimes we don't get anything, to buy or sell becaause reversal happened already....

thank you.
  • #18
  • Edited Feb 15, 2010 3:21pm Feb 14, 2010 3:37pm | Edited Feb 15, 2010 3:21pm
Hello,

I 've finally found some free time to post some improvements and suggestions.

I have added Stochastic Filtering in M30 as tulipevierge has suggested.

The result: Less trading volume but has allowed to lessen the SL to 100 pips keeping the TP to 200 pips.

See backtest results for 2006 till today for this change here:

http://www.forexrobotscoach-louizos....tochFilter.htm

Thank you tulipevierge! I am also reading the pdf you attached which looks great as an idea but it will take me some serious time to implement to an EA.

I am also thinking of adding some trading pattern recognition in future release of Venus QG which is a proposal from another member of this forum.

I have also added Quantum Gravity Indicator options in the inputs as hayseed proposed.

That's all for now. Thank you guys for your time and suggestions!

Till later,
L.A.>

PS1: I have started a new blog about my main interest and work (nanotechnology). If you are interested please take a look here:

http://www.nanotechgalaxy.com
Attached File(s)
File Type: mq4 Venus Quantum Gravity 5D with Stoch Filt.mq4   16 KB | 1,897 downloads
Singularity is near....
  • #19
  • Feb 14, 2010 4:01pm Feb 14, 2010 4:01pm
I have also made an EA that alerts only (no trading with this EA) when there is crossover in Quantum Gravity Indicator as tulipevierge suggested.

Quantum Gravity is an improved Frama Indicator which smoothes MA to filter noise out from whipsaws of price. It may be of help to indicate a new trend appearing.

Copy this EA in experts folder and have the Indicator in indicators folder.

I left the timeframes for the crossover of Quantum Ind as they are in Venus EA because they have produced good back test results.

Play with them if you want to edit the timeframe of the crossover.
(it is in Period_X of iCustom function in the code of the EA if you are not familiar with MQL)

C U.

L.A.>
Attached File(s)
File Type: mq4 Quantum Gravity Ind Alert.mq4   2 KB | 1,623 downloads
Singularity is near....
  • #20
  • Feb 15, 2010 12:50am Feb 15, 2010 12:50am
hi alouisos

that is really great the back test... it increase a profit factor, less drawdown even it open 40 % less opening than the other back test...

it will make more pips then.

i notice stochastic level is 30 and 70 at TF30.

the code is like this :
iStochastic(NULL,PERIOD_M30,5,3,3,MODE_SMA,0,MODE_MAIN,0)>70)

if i want change 30 to 15 m...is it can work too right? just change 30 to 15? or maybe you can put at the setup to change it... so we don't have to change the code, make more easier to people that can not coding....

iStochastic(NULL,PERIOD_M15,5,3,3,MODE_SMA,0,MODE_MAIN,0)>70)

you can improve more to have a profit management thing... to move SL to break even...
or may be just use trailing STop= 100... it will be enough to reduce risky..

when there is lucky entry buy at allowed ranging market, usually it will goes from stochastic 30 to 70 and rsi 30 to 70, that means will hit target profit when it is normal good trend...

if not just let it to hit SL that move already to break even with profit management thing or use trailing STOP=100 maybe because news coming etc... that we can't do anything just reduce the risk....

the entry already at good area <30 and over >60 at 4 H time frame.

usually one day trading the range of currency is between 160-240...

that would be Trailing STOp=100 is enough to cover the swing at 4H time frame....

visa versa....

just let it the normal trend to hit the target profit and the un normal range to hit SL that move already to break even...

with TP=200 and SL=100 that is usually hit at demo... profit is twice than loss, and winning and losses look like same 50% and 50%.

it will give a more chances to use trailing SL=100 or any number over than 50 to reduce drawdown and when it hit 200 just move the break even at+200... let it keep running the profit till next target maybe more 50 pips... even it reverse we're still keep profit +200 pips.

it take days from rsi goes from 30 to 70 that will better to move break even +200 and second target profit.

and i believe, it can increase the opening when TF stochastic is 15.

i apreciated you put stochastic filter with venus

and thanks for working make the end point cycle base on the pdf.
0 traders viewing now