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Monster Muncher Manual Trading Discussion: Compliments SH

  • #61
  • Aug 6, 2010 4:25pm Aug 6, 2010 4:25pm
Quoting stevefx
To answer your second question-just right click the chart, select Expert Advisors, then select "remove". This will leave the lines in place but take away the text.
-Cheers
I think a better way to remove the text on the chart is to go into the EA properties and set "ShowUserFeedback" to false. This will take the text off the chart and will not require removing the EA from the chart.

Otherwise I think you would have to add the EA back to the chart when you want to refresh the lines, and then remove it again to remove the text.
  • #62
  • Aug 6, 2010 4:39pm Aug 6, 2010 4:39pm
SteveFX,

I hope it is not too presumptuous of me, but attached are two revised templates:

00_stevefx monstermuncher setup: This template includes only the EA and the RSI indy. It removes the ADR indy text remnants left in the original template.

001_stevefx monstermuncher setup: This template includes the EA. the RSI indy and the ADR indy.

After loading the template to the chart, use "refresh" to be sure the lines are drawn on the chart.

PLEASE CHECK BOTH TEMPLATES FOR ERRORS!!!! But I think they are what you intended for your setups.

ALSO NOTE: these templates do not incorporate any setting changes in the EA except to set "ShowUserFeedback" to false. So, if there any settings changes that you use in the EA, these templates do not reflect them.

Regards,

Octo
Attached File(s)
File Type: tpl 00_stevefx monstermuncher setup.tpl   3 KB | 411 downloads
File Type: tpl 001_stevefx monstermuncher setup.tpl   5 KB | 403 downloads
  • #63
  • Aug 6, 2010 6:04pm Aug 6, 2010 6:04pm
Quoting octomanoak
SteveFX,

I hope it is not too presumptuous of me, but attached are two revised templates:

00_stevefx monstermuncher setup: This template includes only the EA and the RSI indy. It removes the ADR indy text remnants left in the original template.

001_stevefx monstermuncher setup: This template includes the EA. the RSI indy and the ADR indy.

After loading the template to the chart, use "refresh" to be sure the lines are drawn on the chart.

PLEASE CHECK BOTH TEMPLATES FOR ERRORS!!!! But I think they are what you intended for your setups....
Thanks very much Octo-the 00 works fine, but the 001 doesn't show the lines.

I want to wait til next week to put up a template with the EA removed, just to make sure that a template like that is going to recalculate the new settings for the new week. Otherwise there will be confusion.

Have a great weekend!
  • #64
  • Aug 6, 2010 6:17pm Aug 6, 2010 6:17pm
This one should work. It has user feedback turned off, but the expert is still on the chart. The ADR indy is completely gone.
Attached File(s)
File Type: tpl monstermunchercleantemplate.tpl   3 KB | 348 downloads
  • #65
  • Aug 7, 2010 7:47am Aug 7, 2010 7:47am
Quoting octomanoak
I noticed that the template does not include the EA, so just loading the template will not add the EA to the chart, and therefore, no lines will be drawn. I think this may have caused some confusion in loading the setup on the chart.

SteveFX, have you considered revising the template to include the EA with the setting "Allow Live Trading" *unchecked* to make it easier for followers of the thread to more easily load the indys and EA?

Also, for clarification, do any of the settings in the EA affect the drawings of lines on the chart? If so,...
Hi Octo,

Sorry, I missed this post.-

Hopefully the templates I provided already had the 'allow live trading' unchecked. They load on my own system that way. But if there is any problem with the latest template I provided let me know.

The only setting that can affect the drawing of the lines is the "ATR Breakout Multiplier", which can only affect how far the yellow lines are from the center red line.

I have this set to 0.162, which is the aprox. of the golden mean rounded up. This way if you draw a line manually between a yellow line and the blue or green line you will get even divisions of 6 sections.

I wanted to mention that 50% levels between yellow and blue, or yellow and green, can be significant bounce points.

Anyway, I did think that these settings were all included in the templates. If this is not the case, let me know.

Thanks! -Stephen
  • #66
  • Aug 7, 2010 8:03am Aug 7, 2010 8:03am
Ok, problem spotted. ATR Breakout Mult. is set correctly on template but not on the bot itself. I had it changed to 0 on the bot, and forgot about it.

So, I'm updating the bot on the first page, and will provide the corrected
version here. I'm not sure if this will make a difference, but it could if anyone is having problems getting the yellow lines to show up.

This version also has the magic numbers set to 0, and trade comments set to none, so should be undetectable by brokers.
Attached File(s)
File Type: mq4 BreakoutV4.mq4   25 KB | 388 downloads
  • #67
  • Edited 2:53pm Aug 7, 2010 2:40pm | Edited 2:53pm
Hi Steve,

Thanks for the update. Can a RSI sound alert be added to the EA or do you know of a separate RSI sound alert that we could add on without interferring with your EA? I missed the UJ trade on Friday (sleeping on the job again ) but with an alert, I'd definitely may have caught the trade.

Thanks!
Leftcoaster
  • #68
  • Aug 7, 2010 4:01pm Aug 7, 2010 4:01pm
Quoting leftcoaster
Hi Steve,

Thanks for the update. Can a RSI sound alert be added to the EA or do you know of a separate RSI sound alert that we could add on without interferring with your EA? I missed the UJ trade on Friday (sleeping on the job again ) but with an alert, I'd definitely may have caught the trade.

Thanks!
Leftcoaster
Hi Leftcoaster,

You can check out this thread here. They have something, but I don't know if it works. I put it up on a chart and haven't been able to figure it out 100%. I don't know-give it a shot, play with the inputs, and maybe it will work for you. This is what I got from doing a search on FF. You might also try a google search to find something better.

http://www.forexfactory.com/showthread.php?t=10835
  • #69
  • Aug 7, 2010 4:49pm Aug 7, 2010 4:49pm
Quoting stevefx
Hi Leftcoaster,

You can check out this thread here. They have something, but I don't know if it works. I put it up on a chart and haven't been able to figure it out 100%. I don't know-give it a shot, play with the inputs, and maybe it will work for you. This is what I got from doing a search on FF. You might also try a google search to find something better.

http://www.forexfactory.com/showthread.php?t=10835
Thanks. I'll check it out! I also found this that I'm checking out too (post #157).
http://www.forexfactory.com/showthre...168808&page=11
  • #70
  • Aug 7, 2010 8:21pm Aug 7, 2010 8:21pm
Hi stevefx,

With the 18 hour setup time for the 1H charts, I guess it would be best to wait until the Asian session on Monday? What kind of experience have you had with the 30M charts?
Thanks.

pipsacker
  • #71
  • Aug 7, 2010 8:40pm Aug 7, 2010 8:40pm
Quoting pipsacker
Hi stevefx,

With the 18 hour setup time for the 1H charts, I guess it would be best to wait until the Asian session on Monday? What kind of experience have you had with the 30M charts?
Thanks.

pipsacker
Hi Pipsacker. This is a correct assessment-best to start trading Monday evening Asian session. Mon, Tues, Wed get most of your pips, some lingering trades Thurs and even Fri as with UJ retrace trade yesterday.

Lower TF's are riskier, will cause more drawdown, but can also work. I don't trade them myself and I don't recommend others to trade them.

My goal is to have a system which creates a lot of pips with small drawdown. The drawdown factor is extremely important to your overall profitability, as it directly affects how much risk you can take on per trade.

You can only bet very small if your system has a high DD. If its low and you know its low, and you've confirmed that through your own experience, then eventually you can get more aggressive and make more money.

So, my advice is to wait til Monday night and trade the H1.

-Cheers
  • #72
  • Aug 7, 2010 8:45pm Aug 7, 2010 8:45pm
Good advice, stevefx. Thanks.

pipsacker
  • #73
  • Aug 8, 2010 12:52am Aug 8, 2010 12:52am
Great Thread! Thanx to stevefx and Steve Hopwood.
I don't know if it will help, but, I've often been waiting for a candle to close at a certain point. While waiting I get busy with something else and miss the close of candle. I modified an indicator to make a sound at the close/open of each candle. I find it very useful. Perhaps some of you might want to use it.
Looking forward to next week
Attached File(s)
File Type: mq4 NewCandleSound.mq4   2 KB | 370 downloads
  • #74
  • Aug 8, 2010 8:29am Aug 8, 2010 8:29am
Quoting wobstix
Great Thread! Thanx to stevefx and Steve Hopwood.
I don't know if it will help, but, I've often been waiting for a candle to close at a certain point. While waiting I get busy with something else and miss the close of candle. I modified an indicator to make a sound at the close/open of each candle. I find it very useful. Perhaps some of you might want to use it.
Looking forward to next week
Thanks for your contribution wobstix, best of luck this week!
  • #75
  • Aug 8, 2010 12:13pm Aug 8, 2010 12:13pm
I just want to clarify a point about waiting for the closing of the bar before you take your trade.

It is more essential to wait for a close when it comes to type 1 trades-trades taken near the Red line.

The point of this is to keep you out of trouble when price is testing the red line.

If price is trading under the Red line for example, this shows an indication that its going to go bearish. At some point its going to test that indication. If it passes that test it will be OB and close under. If it fails that test it will break up through it and close over.

Type 2 trades (blue line, green line retrace trades) do not involve these same exact dynamics. In type two trades its just straining its average weekly range plus the OB OS indication. Its not really testing anything. Since this is true, its not as important to wait for a close on type 2 trades.

It is still of course very important to wait to see that price has hit or gone below/above green/blue line and RSI is reading 30- or 70+.

To summarize:

Type 1 Red Line Trades: Very important to wait for close of bar.

Type 2 Blue/Green Line Trades: Not important to wait for close of bar, but still important to wait for contact and RSI indication.
  • #76
  • Edited 1:25am Aug 9, 2010 12:06am | Edited 1:25am
Hi All,

Here is an RSI alert indicator for anyone interested. It sends out a single sound alert. Does anyone know how to modify this indicator so the sound alert is in a loop until you tell it to stop?

Thank you in advance,
Leftcoaster
Attached File(s)
File Type: mq4 RSI-Alert.mq4   2 KB | 338 downloads
  • #77
  • Edited 9:03am Aug 9, 2010 8:43am | Edited 9:03am
Hi leftcoaster,
I know I can do better, but need more time.
It's a bit crude, but, anyway here it is.
Good luck.
Attached File(s)
File Type: mq4 RSI Sound Alert.mq4   2 KB | 323 downloads
  • #78
  • Aug 9, 2010 9:50am Aug 9, 2010 9:50am
Hi guys,

Just letting everyone know that i won't be on til tommorrow afternoon. Lightning struck near my house and blew out the cable/phone/internet. One of the benefits of living in Florida, lightning capital of the world. Good luck this week to all.
  • #79
  • Edited 5:05pm Aug 9, 2010 10:55am | Edited 5:05pm
Quoting wobstix
Hi leftcoaster,
I know I can do better, but need more time.
It's a bit crude, but, anyway here it is.
Good luck.
Thanks Wobstix! I'll give it a go.

It's a bit early here but I heard the RSI alert go off (USDCHF's first one to go off, hitting 68). The lines have not been fully been drawn yet but it certainly was a good test for the H1 charts. Thank you for working on the loop. (This is all for that 'sleeping on the job' issue that I sometimes have daily ). Now I'm even more excited for the week ahead! BTW, I like your NewCandleSound indicator!

Success to all this week!
Leftcoaster

ps. Happy to report, UCHF is sounding off like a wake-up alarm. I happy to hit the 'snooze' button. I like the added feature of the RSI. Any suggestion on the best way to deactivate the alarm without deleting it or muting it? I might forget to reload it! Perhaps a finite loop (user input)? If this is your crude version, refined should be a beauty! Thanks!

FYI: My first H1 lines appeared at 3pm EST. Did anyone else's appear any earlier?
  • #80
  • Aug 9, 2010 2:32pm Aug 9, 2010 2:32pm
Hi Steve. The EA BreakoutV4 loads but does not draw any lines. There is a Message in the top right hand corner ".... Waiting for candle no 19 to form.....".

I get the same with BreakoutV3, While Breakout V2 did not draw any lines but entered a trade immediately. (Forgot to take live trading off http://cdn.forexfactory.com/images/icons/icon9.gif)

My guess is that it cannot determine the start of week bar on my platform for some reason. I have the EA on a 15 min chart. Is there something I must change in in this part of the code perhaps?

void GetWeekStart()
{
//Thanks to sq for this
//Finds the start-of-week candle on the current tf and draws a vline to mark it

static int OldStartOfWeekBar;
if (OldStartOfWeekBar == StartOfWeekBar) return;

datetime today_start_time =
Time[0]-(TimeHour(Time[0])*3600+TimeMinute(Time[0])*60+TimeSeconds(Time[0]));

int today_start_bar = iBarShift(NULL,0,today_start_time,true);
int today_start_H4_bar = iBarShift(NULL,PERIOD_H4,today_start_time,true);

datetime week_start_time = today_start_time - (TimeDayOfWeek(Time[0])-1)*86400;

StartOfWeekBar = iBarShift(NULL,Period(),week_start_time,true);
OldStartOfWeekBar = StartOfWeekBar;

[IMG]file:///C:/Users/Duane/AppData/Local/Temp/moz-screenshot-2.png[/IMG]
[IMG]file:///C:/Users/Duane/AppData/Local/Temp/moz-screenshot.png[/IMG][IMG]file:///C:/Users/Duane/AppData/Local/Temp/moz-screenshot-1.png[/IMG]
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