Geoff's Manual and Semi Automatic Trading Setup

Hello Sasha, Dr. Loyd, and fishman 356, and gang. How about if the 10 sma crossed the 49 sma on the close, that we turned the e.a. to sell only or buy only (whichever way it is going)? I don't know what to do yet. Just tinkering. Anyone have any new ideas, or old ones? Thanks.

misterpipster

hi guys, just added 2 more sma's to the ea, you can set up a period in the pop up menu.
did not test it, have no idea what will come up

Nice to see you back, you have a good ea here and it just needs a finishing touch. Downloading the new version now and starting to test.
Thanks for keeping this thread alive.
fishman356

This is like having a new toy, amazing piece of work.

Strategy Tester Report
GEOFFs MTFSM Setup v5.3
IBFX-MT4-Demo1 (Build 226)

SymbolGBPUSD (Great Britain Pound vs US Dollar)Period15 Minutes (M15) 2010.05.02 22:00 - 2010.08.25 23:45 (2010.05.01 - 2010.08.26)ModelEvery tick (the most precise method based on all available least timeframes)ParametersUseWorkHours=true; StartHour=0; EndHour=23; OpenOrders=3; Magic1=64563525; Magic2=85634689; Magic3=92615536; TakeProfit1=15; TakeProfit2=100; TakeProfit3=200; StopLoss=140; Lot1=0.5; Lot2=0.5; Lot3=0.5; TrailOrder2=true; TrailOrder3=true; TrailingStop2=25; TrailingStop3=50; Order2BeLevel=0; Order3BeLevel=0; Slippage=3; PendingOpenStep=36; SecondLimitOpenStep=40; AddEANameToComment=false; MovePendingOrder=true; ManualMode=false; OrderPlacementCode=2; OrderTrailingOption=2; IsBrokerECN=true; ReverseMove=70; SMA1Period=10; SMA2Period=49; SMA3Period=99; SMA4Period=197; LongLabelColor=Green; ShortLabelColor=Red; BaseLabelColor=Gray; EmasZoneColor=Silver; LabelsCoordinate=100; LabelsFont="Courier New"; LabelAlertFont="Arial Black"; M15FractalLockedBar=3; M5FractalLockedBar=3; M15FractalFor2HoursOnly=true; ShowMessage=true; ShowHighlightedBar=true; AdjustOrdersTakeProfit=false; AdjustTakeProfitForOrder1=false; NewOrdersTakeProfit=10; TakeProfitAdjustHour=5; AllowOnlyOneEnterPerHour=true; DoNotEnterInTheCloseHour=true; EnablePipsCounter=true; PipsCounterStartHour=5; PipsCounterExit=20; Bars in test3899Ticks modelled1329666Modelling quality90.00%Mismatched charts errors7Initial deposit10000.00Total net profit6656.76Gross profit6662.96Gross loss-6.20Profit factor1074.33Expected payoff130.52Absolute drawdown202.50Maximal drawdown1933.70 (15.33%)Relative drawdown15.33% (1933.70)Total trades51Short positions (won %)51 (94.12%)Long positions (won %)0 (0.00%)Profit trades (% of total)48 (94.12%)Loss trades (% of total)3 (5.88%)Largestprofit trade1000.00loss trade-2.07Averageprofit trade138.81loss trade-2.07Maximumconsecutive wins (profit in money)27 (4298.60)consecutive losses (loss in money)2 (-4.13)Maximalconsecutive profit (count of wins)4298.60 (27)consecutive loss (count of losses)-4.13 (2)Averageconsecutive wins16consecutive losses2[IMG]file:///C:/Users/Darryll%20Kulski/Desktop/v.53%20st.gif[/IMG]

This is my first backtest, great results for approx 4 month period, the 2 extra mas did the job, but for a long while it did not take a trade, needs to be optimized, I know there are better settings, oeder placment 2 was used. I will try to post the graph.

Glad you are back Sashasan. Missed you for sure. Thanks for the upgrade. Will fire it up in a few minutes.

Sasha, really glad to know that you have not given up on this fantastic thread and keep supporting/improving this great ea for which we thank you very much. Richard

awesome development sashasan!

There may be a error in the ea , every trade it takes have been all profit sell orders, any one else having this problem,

I am still running it on a demo account 24/7

That could help. On the other hand, the losing 140 X 3 trade this week was entered while the 197, 99, 49 and 10 were all pointing down, about three hours before the price headed up and about 4 hours before the 10 SMA turned up.

The only way we can prevent all losses is by not entering trades. Or a 2000 pip stop loss might do it. I still think this ea can be a winner over time if we turn it off when the SMAs do not agree, like right now. Dick

hi sashasan
thanks for big idea...
why my EA is not active?

i thought after 5 yrs of trading and downloading bunches of ea but i need some one to tell mehow to get this setup into my ea file and on my chart. thank s to any one that can help. or direct me to the post that shows how to do that

Thats gr8. Can you please post the set file.

Thanks,

Download the ea to your broker , and place in the experts folder, make sure you have the broker application closed. Then open up your broker trading platform, open up a chart of gbp usd, drag the MTFSM v5.3 ea onto the chart, open up THE Common file," check" enable alerts, allow live trading, allow dll imports, and allow imports of external experts

Click on inputs tab, change all three magic # by at least one last number, check the settings you want, change the ECN if you need to, IBFX needed to be set to true. I like the order placment code 2 for trading, and do a backtest, you may have to change the settings as above once you are in the stratgy tester mode . It is a brand new version , so all the past setting work somwhat, you need to find the correct sma to get the ea to buy and sell. You may want to change the start and end hour to 0-23 and give the ea more time to trade in st mode, you may have periods of no trading because of lining up all the sma. Hope this helps .

fishman356

look jj look at post 925, you can mak the set file, but it not good enough, all the trades were short orders.

it work that time

Thank you Sashasan for this great EA and the two additional SMAs. Now if we can just figure out how best to use it.

The first goal is to prevent excessive losses.

Hmm. On the 24th, the 10, 24, 49, 98 and 197 were all headed down and spread out nicely. But the price turned up. A 2 SMA might have prevented that 3 X 140 loss. We do want to prevent a losing trade right when the trend changes if possible. So one goal is to stop the EA from trading the wrong way as soon as possible after a trend change. A 2 SMA might keep us out until the 10 turns. The 10 turns back on retracements which could trigger losing trades. A 15 might keep us out until a 24 takes over.

It took a few hours for the 10 to turn up. It took a day for the 24 to turn up. It took two days for the 49 to turn up and another half a day for the 98. The 197 never did turn up so no buy trades have been possible in the last few days.

If we wanted the ea to be able to buy in the 2 day up move this week, the 197 is way too slow. But if we want to trade with longer term trends, the 197 should stay. This can result in several days without trades.

Yesterday the 49 prevented selling. A good thing in view of those pin bars? Replacing the 49 with a 15 would have allowed trading yesterday.

The 15 would do a better job of preventing trading sooner after a trend change than the 49.

A goal is to have SMAs that will keep us from trading until either the new trend is established with a change of direction of the 197 or until the price movement goes back in the same direction as the 197 again.

Let's see. 2, 5, 15, 20, 25, 30, 35... no wait, we can't do that.

Hmm. 2, 10, 15, 197? - Dick

i just think that 197 is too large period, it goes one direction for couple weeks, after turned opposite, goes another way the same long time