Geoff's Manual and Semi Automatic Trading Setup | Page 44 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA tool & strategy for semi-automatic interactive trading 82 replies

Semi automatic EA (Driven Version) 2,011 replies

Manual Trading vs Automatic Trading - Suggestions? 58 replies

Helper EAs for Semi-auto trading and Manual trap setting 0 replies

Trading a (semi) automatic approach...but want more 11 replies

Attachments: Geoff's Manual and Semi Automatic Trading Setup
Exit Attachments

Geoff's Manual and Semi Automatic Trading Setup

  • #861
  • Aug 11, 2010 4:45am Aug 11, 2010 4:45am
Sasha Check this out. I have indy "Ema_Angle_Bar_Open"

Basically it's showing which direction specified EMA is pointed and

displaying bars like MACD.. Perhaps we can change code from EMA

to SMA and used to Identify SMA 197 direction..

Take a look
Attached File(s)
File Type: mq4 EMA_Angle_Bar_Open.mq4   5 KB | 328 downloads
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #862
  • Aug 11, 2010 5:27am Aug 11, 2010 5:27am
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd h1.gif Size: 44 KB


Here is why, the ea is looking at the H1 chart, but it still should have only have taken a short trade, white ma thru red ma. I think this ea is great, it just needs to get the bugs out, if Sash is using the original ea from Geoff , that ea has to be placed on a H1 chart at a spcific time period, correct? With different time frams you need more ma's / fractrals to confirm.
I know sash said the ma and fracturals are built into different time frams, but maybe we are missing something.

fishman356
  • #863
  • Aug 11, 2010 5:43am Aug 11, 2010 5:43am
Attached File(s)
File Type: mq4 Solar Winds with alert.mq4   3 KB | 324 downloads


Attached File(s)
File Type: mq4 VQ.mq4   7 KB | 296 downloads


Here is some indi's I use to confirm trades, place both of the indi's in one indicator window on a chart, the alarms are a pain" disable them", and change the setting in the VQ to 3,2,1,3, instead of 5,3,1,5.
Hope this helps a little.
fishman356
  • #864
  • Aug 11, 2010 5:58am Aug 11, 2010 5:58am
Quoting SkyzerFX
Sasha Check this out. I have indy "Ema_Angle_Bar_Open"

Basically it's showing which direction specified EMA is pointed and

displaying bars like MACD.. Perhaps we can change code from EMA

to SMA and used to Identify SMA 197 direction..

Take a look

Hi Sky.

It is good idea with 3 x SMA(close) which I've been running for years manually without significant results, but I never use before instruments us we've got right now.
That can be big potential improvement to select correct direction signal.


Mac.
  • #865
  • Aug 11, 2010 7:59am Aug 11, 2010 7:59am
I woke up this morning with another 3 X 140 pip loss, this time on V5.0 with order method 4 on auto.

The problem, of course is that the 197 SMA can point up for days on the H1 chart while price declines. The EA can enter on retracements just in time for price to go down again. In this situation, use of limit buy orders seems to make it worse.

If this situation appears to be happening, possibly trading should be limited to manual entries and only when the 197 is in the correct direction on the M15 or M30. Or a 49 SMA or 99 SMA on the H1 could be a filter.

I am down (demo) 6 X 140 for the week. Unusual, I know.
  • #866
  • Aug 11, 2010 9:50am Aug 11, 2010 9:50am
Quoting fishman356
Attachment

Here is why, the ea is looking at the H1 chart, but it still should have only have taken a short trade, white ma thru red ma. I think this ea is great, it just needs to get the bugs out, if Sash is using the original ea from Geoff , that ea has to be placed on a H1 chart at a spcific time period, correct? With different time frams you need more ma's / fractrals to confirm.
I know sash said the ma and fracturals are built into different time frams, but maybe we are missing something.

fishman356
ok, what i will do later on, i will add a log file to this ea and you will see that the calculations of sma's and fractals are.

btw, earlier i always used to do it, it's really easier to keep track of what is going on.
  • #867
  • Aug 11, 2010 10:18am Aug 11, 2010 10:18am
also, regrading losses - i just recently added a new option, DoNotEnterInTheCloseHour, its similar to the AllowOnlyOneEnterPerHour, since my backtest experience shows that if a new trade entered in the hour of recently closed orders, it's a big possibility to get this trade failed. if this one will be set to true, ea will not open a trade in the same hour when recent order(s) was closed.

so, i used limit orders (OrderPlacementCode = 3), 15 pips take profit 1 and DoNotEnterInTheCloseHour = true and could finally avoid losses on aug 9th and 10th, except a trade around 20:00
  • #868
  • Aug 11, 2010 4:50pm Aug 11, 2010 4:50pm
Strange thing is that, GEO v17 original just trigger SELL orders

and I don't see any sings of trade here..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #869
  • Aug 11, 2010 8:45pm Aug 11, 2010 8:45pm
Hello Sashasan

I like the DoNotEnterInTheCloseHour idea

would it be possible to have it variable? set to 1 hour or 2 hours etc



Quoting sashasan
also, regrading losses - i just recently added a new option, DoNotEnterInTheCloseHour, its similar to the AllowOnlyOneEnterPerHour, since my backtest experience shows that if a new trade entered in the hour of recently closed orders, it's a big possibility to get this trade failed. if this one will be set to true, ea will not open a trade in the same hour when recent order(s) was closed.

so, i used limit orders (OrderPlacementCode = 3), 15 pips take profit 1 and DoNotEnterInTheCloseHour = true and could finally avoid losses on aug 9th and 10th,...
  • #870
  • Aug 12, 2010 2:45am Aug 12, 2010 2:45am
A question:

I have TP 2 and TP 3 set at different levels 26 and 32

yet the EA is placing both at 26, and it has done it twice now

is there a setting that I need to change ? or ?

OrderPlacementCode = 1

  • #871
  • Aug 12, 2010 6:34am Aug 12, 2010 6:34am
I'm loosing patience with this method. It's seems that it always

selling bottoms and buying tops. 3 more SELLS executed earlier

and now cable going up..

Sasha It possible to write scripts so we can manually drop

Scripts on the Chart. Let EA run and just signal Entry and human

to decide either take Buy or Sell.. Heck, I'm closing Sells, before I

lose whole 140 pips again..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #872
  • Edited 8:15am Aug 12, 2010 8:00am | Edited 8:15am
Quoting SkyzerFX
I'm loosing patience with this method. It's seems that it always

selling bottoms and buying tops. 3 more SELLS executed earlier

and now cable going up..

Sasha It possible to write scripts so we can manually drop

Scripts on the Chart. Let EA run and just signal Entry and human

to decide either take Buy or Sell.. Heck, I'm closing Sells, before I

lose whole 140 pips again..
Well, I suggested it many times before...... As I found that in many occasions, waiting for the fractals formation missed the better entry time especially in today's fast moving market. And that causes the negative turn before tp1 gets hit sometimes even right after the trades get triggered.
  • #873
  • Aug 12, 2010 8:04am Aug 12, 2010 8:04am
It took 3 days for the H1 197 SMA to roll over after the price turned down. The result was losing buy entries in a down trend.

Possible rule: Turn the EA off when the 10 SMA crosses the 197 SMA until the 197 turns the same direction as the cross.

Possible rule: Put a 98 SMA on the chart. Turn the EA off when the 10 SMA crosses the 98 SMA until the 197 SMA turns in the direction of the cross.

Possible rule: Turn the EA off when the direction of the 98 SMA and 197 SMA disagree until the 197 catches up.

The sell trades have started adding some pips back into the rather sad looking demo account.
  • #874
  • Aug 12, 2010 9:33am Aug 12, 2010 9:33am
Hi Sashasan

Please, can you add the following parameters:
- Set Hours = on, off (When the parameter Set Hours=ON, the EA work the 24hours else work between StartHour and EndHour)
- StartHour
- EndHour

Thanks in advance,

Mr. Juliusss
  • #875
  • Aug 12, 2010 10:06am Aug 12, 2010 10:06am
I simply think this theory don' t work other than in Tokyo or London

open time.. I'll run Geo latest version prior London open and see

how it goes in backtest..

And by the way, while GEO took trades last night, out version does not

for some unknown reason.. Of course maybe a broker difference as well..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #876
  • Aug 12, 2010 10:08am Aug 12, 2010 10:08am
Quoting SkyzerFX
I'm loosing patience with this method. It's seems that it always

selling bottoms and buying tops. 3 more SELLS executed earlier

and now cable going up..

Sasha It possible to write scripts so we can manually drop

Scripts on the Chart. Let EA run and just signal Entry and human

to decide either take Buy or Sell.. Heck, I'm closing Sells, before I

lose whole 140 pips again..

would you suggest some other one?
  • #877
  • Aug 12, 2010 10:09am Aug 12, 2010 10:09am
Quoting SkyzerFX
I simply think this theory don' t work other than in Tokyo or London

open time.. I'll run Geo latest version prior London open and see

how it goes in backtest..

And by the way, while GEO took trades last night, out version does not

for some unknown reason.. Of course maybe a broker difference as well..
so, close the thread?
  • #878
  • Aug 12, 2010 10:31am Aug 12, 2010 10:31am
Quoting sashasan
so, close the thread?
Or keep it open to the rest of us who are interested in develop the EA?

I think we had a beautiful start on July, with the market climbing the upper bands... for now, we are having some down movements and it is natural that untill a new trend is defined, losses are goning to happen more often...

Lets keep trying!
  • #879
  • Aug 12, 2010 10:34am Aug 12, 2010 10:34am
Don't close the thread, You have made a lot of progress in your develement of this new and improved ea, Give it some time.
  • #880
  • Aug 12, 2010 10:38am Aug 12, 2010 10:38am
Quoting sashasan
so, close the thread?
NO, Sasha, plz, don't.. You did tremendous job here..

We going to figure out something.. Just need to keep testing

still, no matter what..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
0 traders viewing now