DislikedOk, so I really like the Nanningbob2.0 because of its ability to be customized. Turns out I was bored this evening so I decided to take the 820/600 ratio and make it relative to each of the currencies on the 4H volatility report spreadsheet. I added these columns:
EA Range: Width of 3-level EA from top to bottom
Buffer: Input in Nanningbob2.0; represents distance from MA to first trade
Pips: Input in Nanningbob2.0; represents separation between levels
TP: Based off of 100 TP in 180x100 EA
Have fun.. I'm going to test these out next week on all...Ignored
- #3,061
- Feb 27, 2010 3:16am Feb 27, 2010 3:16am
- Joined Jun 2007 | Status: Teach men to fish | 7,384 Posts
- #3,062
- Feb 27, 2010 5:55am Feb 27, 2010 5:55am
- Joined Jun 2007 | Status: Teach men to fish | 7,384 Posts
My new thread is a trend following thread: http://www.forexfactory.com/showthre...=1#post3504437
So I will stay with the 180x100 here. We will see which one does better. So now I have three different threads. Trading a range, Counter trend trading and Trend trading. Let us see who the winner will be.
So I will stay with the 180x100 here. We will see which one does better. So now I have three different threads. Trading a range, Counter trend trading and Trend trading. Let us see who the winner will be.
let me post my settings then Let me see if I can attach my results on the current settings so far...
I am testing IamThat's ea with the pending orders (NanningBobV2.0sellstopMaster)
I've had some good results but I've also seen some serious drawdown, so I'm wondering about settings/currency pairs and what would be a safe balance to start with on 0.01 lots, I've pasted my settings and results below.
I'm using 4H charts and the currency pairs: AUDCAD, AUDNZD, CHFJPY, EURJPY, EURUSD, EURCAD, EURNZD, GBPJPY, GBPUSD, USDCHF, USDJPY.
I intend to do the money management part manually. So start with 0.01 and increase as my balance grows.
If you got any advice, or if you want me to test different settings then I'm all ears.
Regards and thanks for all the help you've already given me and others in the thread,
My settings are (on 5 digit broker):
sb=--TRADE SETTING--
info=Benutzerdefinierte Kommentare ins nächste Feld
comments=
Is5Digit=1
TF=240
UseATR=0
ATRPer=24
Buffer=50
MAPer=50
UseSpreadLimit=0
spread=12
Lots=0.01000000
TakeProfit=75
multiply=1.80000000
MaxTrades=8
StopGap=20
Pips=75
StopLoss=0
TrailingStop=0
MM=--Money Management--
MMSwitch=if one the lots size will increase based on account size
mm=0
riskset=risk to calculate the lots size (only if mm is enabled)
risk=10
accounttypes=0 if Normal Lots, 1 for mini lots, 2 for micro lots
AccountType=2
magicnumber=--MAgic No--
MagicNumber=312165
so=--CUTLOSS SETTING--
SecureProfitProtection=0
SP=If profit made is bigger than SecureProfit we close the orders
SecureProfit=20
OTP=Number of orders to enable the account protection
OrderstoProtect=3
TradingTime=--trading time setting--
UseTradingHours=0
TradeAsianMarket=1
StartHour1=0
StopHour1=3
TradeEuropeanMarket=1
StartHour2=9
StopHour2=11
TradeNewYorkMarket=1
StartHour3=15
StopHour3=17
TradeOnFriday=1
StopTrading=0
string2=Use Alerts for opening levels
UseAlert=1
UseEmail=0
Levels=9
Let me see if I can attach my results on the current settings so far...I am testing IamThat's ea with the pending orders (NanningBobV2.0sellstopMaster)
I've had some good results but I've also seen some serious drawdown, so I'm wondering about settings/currency pairs and what would be a safe balance to start with on 0.01 lots, I've pasted my settings and results below.
I'm using 4H charts and the currency pairs: AUDCAD, AUDNZD, CHFJPY, EURJPY, EURUSD, EURCAD, EURNZD, GBPJPY, GBPUSD, USDCHF, USDJPY.
I intend to do the money management part manually. So start with 0.01 and increase as my balance grows.
If you got any advice, or if you want me to test different settings then I'm all ears.
Regards and thanks for all the help you've already given me and others in the thread,
My settings are (on 5 digit broker):
sb=--TRADE SETTING--
info=Benutzerdefinierte Kommentare ins nächste Feld
comments=
Is5Digit=1
TF=240
UseATR=0
ATRPer=24
Buffer=50
MAPer=50
UseSpreadLimit=0
spread=12
Lots=0.01000000
TakeProfit=75
multiply=1.80000000
MaxTrades=8
StopGap=20
Pips=75
StopLoss=0
TrailingStop=0
MM=--Money Management--
MMSwitch=if one the lots size will increase based on account size
mm=0
riskset=risk to calculate the lots size (only if mm is enabled)
risk=10
accounttypes=0 if Normal Lots, 1 for mini lots, 2 for micro lots
AccountType=2
magicnumber=--MAgic No--
MagicNumber=312165
so=--CUTLOSS SETTING--
SecureProfitProtection=0
SP=If profit made is bigger than SecureProfit we close the orders
SecureProfit=20
OTP=Number of orders to enable the account protection
OrderstoProtect=3
TradingTime=--trading time setting--
UseTradingHours=0
TradeAsianMarket=1
StartHour1=0
StopHour1=3
TradeEuropeanMarket=1
StartHour2=9
StopHour2=11
TradeNewYorkMarket=1
StartHour3=15
StopHour3=17
TradeOnFriday=1
StopTrading=0
string2=Use Alerts for opening levels
UseAlert=1
UseEmail=0
Levels=9
let me post my settings then
P.S. Went live trading the bot on EUR/USD 4H today--I'm excited.
let me post my settings then
I am testing IamThat's ea with the pending orders (NanningBobV2.0sellstopMaster)
I've had some good results but I've also seen some serious drawdown, so I'm wondering about settings/currency pairs and what would be a safe balance to start with on 0.01 lots, I've pasted my settings and results below.
I'm using 4H charts and the currency pairs: AUDCAD, AUDNZD, CHFJPY, EURJPY, EURUSD, EURCAD, EURNZD, GBPJPY, GBPUSD, USDCHF, USDJPY.
But it might also be possible to change the sequence of trade close orders in the program file to close the trades in the way your broker requires.
.
I'm trying to learn now, but, man, I just don't know where to start.Here's two things I would immediately put in the EA:
- If the length of the current candle is x% bigger than the average of the previous 20 or so candles, do not place any more orders and close those already placed (take a loss)
- Don't start taking trades again (or in the first place) until price hits the ma (typically I won't start the EA now until it's in the buffer)
I would love if someone would any coding experience would consider integrating this into the nanningbob2.0 ea--even just so I could see how it was done. I feel like I have a "coder's mind," but I just don't speak the language as of yet. And like I said, I don't know where to start learning.
Thanks for the input on the broker.
-J
- #3,072
- Mar 5, 2010 12:02am Mar 5, 2010 12:02am
There are so many things I would do to this robot were I able to code
-J
I need many changes like optimum lot size in case some pending orders do not become market orders and also, when I switch EA off and if the price has moved much beyond Pips chosen, lot size has to change to reflect the difference instead of fixed multiplication.
I am attaching one more version of Master EA with a MA crossover filter ( based on H4 trend) and it should protect against many bad entries. Default set to true.
Couple of other things I have tried to add, like closing orders in the reverse and using only market orders for levels and ignoring pending orders. This could be risky with lower multiplication and result in loss. Default set to false.
These are the areas I would like to change in a systematic way.
There could be bugs. Hope someone will test it and report back.
"Put all your efforts in becoming effortless"
I too am trying to learn mql4, I'm not totally new to programming and have worked with C++, Pascal and VBA but I'm quite rusty in those.
A site I've found very helpful in learning mql4 has been: http://book.mql4.com/ (also the documentation, forums etc.). Everything you need to know is in there, you just need to find it
Anyway, if you guys can be specific about what you want then perhaps I can have a go at modifying the ea as well? Perhaps we can learn together.
MM
A site I've found very helpful in learning mql4 has been: http://book.mql4.com/ (also the documentation, forums etc.). Everything you need to know is in there, you just need to find it
Anyway, if you guys can be specific about what you want then perhaps I can have a go at modifying the ea as well? Perhaps we can learn together.
MM
- #3,074
- Edited 12:45pm Mar 5, 2010 12:33pm | Edited 12:45pm
There could be bugs. Hope someone will test it and report back.
Anyway, if you guys can be specific about what you want then perhaps I can have a go at modifying the ea as well? Perhaps we can learn together.
MM
The main thing I feel would be useful is some way to shut down the EA close the open and pending orders if price goes haywire. Were I a programmer, there are a couple of ways I might go about it:
- LIke I said in the previous post, turn off the EA if current candle length is x% greater than the previous 20 or so candles
- Or, current candle hits more than 1 or 2 levels (I think if one candle hits two levels, that's a sign of pretty big price movement)
- Slope of trend from last 5 or candles is greater than X (this might be the most useful)
Then, have the EA start taking trades again when price comes back to the equilibrium (MA)
Just my thoughts. I'm using this indicator now to help me out, but it's totally manual. See also tutorial:
Inserted Video
My new thread is a trend following thread: http://www.forexfactory.com/showthre...=1#post3504437
So I will stay with the 180x100 here. We will see which one does better. So now I have three different threads. Trading a range, Counter trend trading and Trend trading. Let us see who the winner will be.
and 4H buy low sell High. Any help is highly appreciated!
- #3,079
- Mar 7, 2010 3:05pm Mar 7, 2010 3:05pm
- Joined Jun 2007 | Status: Teach men to fish | 7,384 Posts