Dreamliners’ MPAS EAs, Indicators, etc

I said that....when you see some wonderful equity curves you always can't believe it....but the problem is not the EA...the problem is how Metatrader backtests offline charts, if you don't use real tick data...that's it.

Hi guys!!

Finally after a sunday spent coding...I'm ready to release the version 1.4 of the Mpas_EA, as I said this is probably the final version, I will update it only if some bug will be reported.

The EA works properly (by my test), and it can be adapted to the strategy you prefer, in fact this is a very customizable and flexible EA, I would say it's the most complex EA I've ever coded.

The strategy is very very simple, but this EA adds to the simplicity of the strategy a set of useful options...fundamental to my trading.
I'm talking about the Money Management section. Money Management and Compounding are the real plus when we trade...you can set your risk% and the EA will automatically calculate the position sizing, trade after trade.

This new version comes with new parameters, let's see what they are...

Consider_Spread = true;

Now you can choose if consider spread or not when placing orders.


LimitTradingHours = "Limit Trading Hours";
StartTradingHour = 0;
StopTradingHour = 23;

These parameters let you choose if run the EA 24h or limit opening of new trades by Starting hour and Ending hour. By default it's setted from 0 to 23, so it trades 24h.


Alerts = "Alerts on/off";
Messages = true;
PopUpAlert = false;
EmailAlert = false;

I've added messages and alerts.
Messages are simply the comments that you can see on the left of the chart window. (by default is activated)
PopupAlert give you a popup and sound alert when stop orders are placed. (by default is deactivated)
EmailAlert does the same but sending you an Email. In order to make it work..you need to configure the Email parameters on your MT4. (by default is deactivated)


And finally what I call "The cherry on the cake"...

DailyGoal = "Daily Goal percent";
UseDailyGoal = false;
DailyGoalPercent = 2.0;
DailyStopPercent = 2.0;

These parameters let you choose if working with a daily percent goal. It means that the EA will stop working and will close every opened or pending order when the Daily Goal or the Daily Stoploss is reached...It will reactivate when a new day is detected.
I'm a big fan of the Daily Goal Percent. A strategy may not work if we trade it 24h, but it can easily reach a daily goal, this prevents from overtrading and builds the account day by day. By default this section is deactivated.


I hope all is clear...in any case if you don't understand something or if you see some bug please let me know....

IMPORTANT!! I've added a lot of code in this new version...so it's very possible that something may not work properly. I've tested it for a couple of hours...but everything is possible.

Attached to this post there are also 3 preset files (.txt), you need to rename them and use the extension .set, each corresponds to a specific variation of the strategy. In all the .set files Money Management is by default setted to False, set it to True if you want to use it.

Here are the last 2 trades on GBPUSD...both closed in profit by the EA, I'm using Zamanib's settings.

Everyone can decide if trading it manual or with the EA...but I can say that the EA does exactly what one would do manually, there is no difference, you can simply switch on or off the EA and use it when you want, when you are in front of your monitor, at the hour you prefer, the only difference will be that the EA will do the work for you.

Thanks You, will give it a try.

fishman356

I cannot manage to get the EA opening trades on the offline chart. I tried with serveral different EAs. I use the Range Bar indicator that was supplied in the main thread. The bar chart keeps getting updated by the indicator and "allow DLL imports" is ticked. However, obviously there are no ticks to trigger the EA. There are no error messages in the experts log.

Any advice?

gary

I'm using the commercial script...
That indicator is not a "real" rangeBars indy..it's only a modified version of the Period Converter.
Try the script attached (It's a script, not an indicator, it goes in the script folder).
I don't use it but it seems to work...
Make sure to put "1" in the LiveRefreshRate field.

1.) The EA name should be in the top right corner of the chart...is it showing a Smiley face like this ?

2.) You may have a corrupted history...... check the Journal/Experts tabs for errors (might be a lot size error is any)

Thanks for your efforts Chris.

It will make life a lot easier trading this system.

Another win...on EURUSD....

Thanks Chris!

Thanks Chris. I will run this on real a/c starting 2moro Asian session for 2-3 days and post results.

Hi!!

BUG!!

I've been reported of a little bug in Money Management using EURJPY, I'm checking all the logic because I used a code made for EURUSD ...so I have to fix it to make it work with non USD pairs...

thx, Chris. That did it. The period converter "indi" in the main thread is not suited for EAs.

gary

EA is not a "Set & Forget" program.

EA can check in the backtest if the rules for a method can make it profitable.
Once you get positive results you must update the variable parameters of the EA when you run it in your Live account from time to time.

To do this right and on-time, you need to do Optimization to your EA from time to time, which is a big project for itself.

Here's the new version...I've only fixed an issue with Money Management...

hey chris...... your code looks nice.........

//-----

would you be interested in suggestions reguarding it.....h

Does anyone know how to make strategy tester use data from an offline chart?

For example the m50 data found in the offline chart?

Hi Musashi

See this Link

http://www.forexfactory.com/showpost...67&postcount=3

Thanks mate.. that did the trick

Hrmm when i use Range Bar Script to make the chart and then tell tester to use the m5 chart tester says there's no data. However when i go to open offline chart there's the data for the m5 chart, but history center shows no data for m5... strange