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Attachments: Need EA for Zerolag MACD + MAs System
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Need EA for Zerolag MACD + MAs System

  • #1
  • First Post: Edited 2:25am May 27, 2010 12:49am | Edited 2:25am
I would like to seek assistance from the expert progammers here in FF for developing an EA for this system. I have done visual backtests for this system, coupled with strict MM, it has generated an average of 40-50% winners, 40-50% of Breakevens and 10-20% of losers.

The strength about this system is you will have a 80-90% chance of not losing, which is very critical to traders in the long run. But...

The drawback is by only carrying visual backtesting, I'm afraid that there would be too much gray area that I might have subconciously filtered out.

At such I would like like to invite you guys to join me in developing an EA for this and witness if this could serves as another good system for our fellow traders.

The idea of the system is pretty simple - based on zerolag macd and 2 MAs, describes as follows:

Indicators required (as attached):
1. Zerolag MACD*
2. EMA 6 to close
3. EMA 8 to open
*note: I didn't create this indicator and thanks to whoever shared it with us.

TimeframeTraded:
15M

Pair Traded:
EURUSD

Time Traded:
London Open to London Close (GMT: 0900 - 1700)

Entry Rules for LONG:
1. ZL MACD diverges (not more than 4 bars since its divergence)
2. EMA 6 crosses over EMA 8
3. Wait for candle to close for confirmation
4. Wait for pullback of 1/3 of the previous candle, wait time is (2 candles after signal candle or 30 mins), if that expires we will look for new signals.
5. Viceversa for SHORT

TP and SL:
1. TP 22 pips minimum or next SR (includes 2 pips spread)
2. SL 20 pips maximum or next SR (includes 2 pips spread)
*For simple programming just stick to 20 pips at the time being. Thanks.

MM:
Set position to BE if price go against OR in favor by 10 pips, valid only after the entry candle is closed.

Please revert. The community needs our help. Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: example.jpg Size: 84 KB
Attached File(s)
File Type: ex4 ZeroLag MACD.ex4   4 KB | 838 downloads
File Type: mq4 ZeroLag_MACD.mq4   3 KB | 939 downloads
  • #2
  • Edited 4:40am May 27, 2010 4:09am | Edited 4:40am
Hi,

i think a good EA need Money Management. U can add 3 systems:

Inserted Code
 
int init()
  {
//----
 
   Digit   = MarketInfo(Symbol(),MODE_DIGITS); //connaitre le digit du symbol
   Spread  = MarketInfo(Symbol(),MODE_SPREAD)*Point;
   point   = MarketInfo(Symbol(),MODE_POINT);
   minLot  = MarketInfo(Symbol(),MODE_MINLOT);
   stepLot = MarketInfo(Symbol(),MODE_LOTSTEP);
   maxLot  = MarketInfo(Symbol(),MODE_MAXLOT);
 
//----
   return(0);
  }
 
int start()
  {
//----
 
double Lots;
extern string  MMType=" 1.Fixed 2.Geometrical 3.Proportional ";
extern int     MMType=1;
extern double  FixedLots=0.1;
extern int     GeometricalFactor=3;
extern int     ProportionalRisk=90;
 
// 1.Fixed
if (MMType==1&&OrdersTotal()<1)Lots=FixedLots;
 
// 2.Geometrical
if (MMType==2&&OrdersTotal()<1)Lots=0.1*MathSqrt(AccountBalance()/1000)*GeometricalFactor;
 
// 3.Proportional
if (MMType==3&&OrdersTotal()<1)Lots=AccountEquity()/Close[0]/1000*ProportionalRisk/100; //<=== par defaut pour eurusd
 
//if(Lots<0.1)Lots=0.1;
         if( Lots < minLot )          // is money enough for opening 0.1 lot?
            if( ( AccountFreeMarginCheck( Symbol(), OP_BUY,  minLot ) < 10. ) || 
                ( AccountFreeMarginCheck( Symbol(), OP_SELL, minLot ) < 10. ) || 
                ( GetLastError() == 134 ) )
                        Lots = 0.0; // not enough
            else        Lots = minLot; // enough; open 0.1
         else
            if(Lots>=maxLot) Lots=maxLot;
            else Lots = Lots;//NormalizeDouble(Lots,3);
     }
 
//----
   return(0);
  }


an other tip, i m not sure, u can use this rule for starting a trade with new bar:

Inserted Code
datetime vTime=0;
 
if (vTime != Time[0]) {
 
    vTime = Time[0];
 
// add code 
}


Tx u
  • #3
  • May 27, 2010 5:20am May 27, 2010 5:20am
Sharteel,

Thanks for your kind reply though I am an idiot with programming and cant understand a single line of codes in it

Just hope that some of the more experienced programmers can help out and possibly add them into the EA.

Thanks again.
  • #4
  • May 27, 2010 5:35am May 27, 2010 5:35am
the most tricky part is how to code divergence identification. divergence needs discretion, unlike human, computer doesn't have discretion. except you can give a set of hard rules about divergence
  • #5
  • May 27, 2010 7:49am May 27, 2010 7:49am
Quoting sangmane
the most tricky part is how to code divergence identification. divergence needs discretion, unlike human, computer doesn't have discretion. except you can give a set of hard rules about divergence
Would please tell us your hard rules? You can share them here if you want!
  • #6
  • May 27, 2010 10:04am May 27, 2010 10:04am
Quoting nightyhawk
Would please tell us your hard rules? You can share them here if you want!
Hawk: My pleasure. Hard rules are pretty simple. Entry must be made only at 1/3 pullback of the previous candle. And the pullback must be made within the next 2 candles of the signal candle.

I have make my trades for today as an example. As follows:
Attached Image (click to enlarge)
Click to Enlarge Name: 1232656 copy.jpg Size: 221 KB


Once again, thanks for replying. Keep it going guys, I'd like to see this become an EA some day...
  • #7
  • May 27, 2010 10:14am May 27, 2010 10:14am
Quoting baronfei
Hawk: My pleasure. Hard rules are pretty simple. Entry must be made only at 1/3 pullback of the previous candle. And the pullback must be made within the next 2 candles of the signal candle.

I have make my trades for today as an example. As follows:
Attachment

Once again, thanks for replying. Keep it going guys, I'd like to see this become an EA some day...
Why don't you put it in trading systems and let someone build the EA?

If it is a good discretionary system, there are some smart MoFo's that can get it to an EA after you elaborate more on the rules.
We are our own best indicator.
  • #8
  • May 27, 2010 10:15am May 27, 2010 10:15am
Quoting sangmane
the most tricky part is how to code divergence identification. divergence needs discretion, unlike human, computer doesn't have discretion. except you can give a set of hard rules about divergence
Hi Sangmane. Thank you for responding.
By divergence, I actually means:
Attached Image


I'm sure you can figure it out with some codes
  • #9
  • May 27, 2010 10:21am May 27, 2010 10:21am
Quoting bluemele
Why don't you put it in trading systems and let someone build the EA?

If it is a good discretionary system, there are some smart MoFo's that can get it to an EA after you elaborate more on the rules.
Hi Bluemele, I did

http://www.forexfactory.com/showthread.php?t=238434

Just figure out that there might be more expert developers lurking around here than over there though. LOL.

Not sure about any other rules that can be mechanized. There may be another one which can only be done with human judgment but the MAs pretty much reflect my opnions on that though...
  • #10
  • May 27, 2010 10:50am May 27, 2010 10:50am
Hi,

U can search "Zerolag_macd EA"

u will find.

Later.
  • #11
  • May 27, 2010 3:07pm May 27, 2010 3:07pm
Hi,

Simple EMA lag.

I think NonLagMA7.1.1 is better.

Later.
Attached File(s)
File Type: ex4 NonLagMA_v7.1.1.ex4   9 KB | 696 downloads
  • #12
  • Edited May 28, 2010 12:14am May 27, 2010 3:54pm | Edited May 28, 2010 12:14am
Quoting nightyhawk
Would please tell us your hard rules? You can share them here if you want!
Nightyhawk,

I don't have the hard rules for divergence. Thats why I was asking.

@baron:
I can't see divergence on your chart. Am I missing something?
  • #13
  • May 27, 2010 8:51pm May 27, 2010 8:51pm
hey baronfei..... what it appears your showing as macd divergence is different from what is commonly thought.....

usually if the macd makes a new high but price does not, that is considered by some as negative divergence and a sell signal..... the opposite conditions for a buy.....

check the picture and note the aqua lines..... if a sell trade was entered at the divergence it would have worked.....

disreguard my trades they are from another ea......

we would need to understand your definition of divergence perfectly to code it............h
Attached Image (click to enlarge)
Click to Enlarge Name: bar.gif Size: 23 KB
to trade and code, keep both simple... no call to impress....h
  • #14
  • May 27, 2010 9:54pm May 27, 2010 9:54pm
Quoting hayseed
hey baronfei..... what it appears your showing as macd divergence is different from what is commonly thought.....
Hello Hayseed,

You are right, that was the divergence commonly used. And its my bad not to make this clearcut in the first place. What I meant was ZL MACD "turning directions", as follows:
Attached Image


Kindly look into it if this could be coded. Thanks!
  • #15
  • May 28, 2010 5:56am May 28, 2010 5:56am
any EA coding requires time and effort, lots of pragrammers will be busy with what they are currently doing. they wont take a look at this unless you prove this is a profitable system. pl post this in trading system, give the rules, charts and daily trades, generate some interest and attention. then someone will start the EA and start testing, fine tuned, will be ready to use

thats the best way to do it. even if someone gives EA here in this thread, it will be untested, buggy...

only way is prove to the world its a great system


btw, i am manually watching this on my MT4. no trades yet
  • #16
  • Last Post: May 28, 2010 1:50pm May 28, 2010 1:50pm
Quoting baronfei
Hawk: My pleasure. Hard rules are pretty simple. Entry must be made only at 1/3 pullback of the previous candle. And the pullback must be made within the next 2 candles of the signal candle.

I have make my trades for today as an example. As follows:
Attachment

Once again, thanks for replying. Keep it going guys, I'd like to see this become an EA some day...
There's no 6/8 ema crosses on trade 1 and 5 in this example. Isn't it part of entry requirement?
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