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Attachments: Ronnierott's 1 Hour Strategy
Exit Attachments

Ronnierott's 1 Hour Strategy

  • #241
  • Feb 28, 2011 5:24am Feb 28, 2011 5:24am
Quoting stricky1967
Great EA!

This would be superb, could you code an option to select how many TP's are required then at what percentage?

e.g.

Number of TP levels = 4

TP1= 25%
TP2= 25%
TP3= 40%
TP4 =10%
first of all sorry for my bad english... hope u understand ....
i started coding MultiTP.... but the percent of Lots you close in those TP is the 100% of the startlot... so the last tp is the original TP i set when i create the pos... example:

i create the pos with TP 100 and SL 100 Lot = 1
i create 4 intermedie TP every 20 pips (for this example)

so.. at 20 pips i close 0.25 lot
at 40 i close 0.25 lot
at 60 i close 0.40 lot
at 80 i close 0.10 lot but there are no more lot!!
The position is totally closed without touch the original 100 TP!

So i can code it with 3 intermedie TP and the fourth will be the TP i set when i create the Position.

It's true or not? if I'm wrong or if it still needs of 4 intermedie TP please answer me!

Thanks
There is no place like 127.0.0.1
  • #242
  • Feb 28, 2011 6:09am Feb 28, 2011 6:09am
Quoting EaCoder_ITA
first of all sorry for my bad english... hope u understand ....
i started coding MultiTP.... but the percent of Lots you close in those TP is the 100% of the startlot... so the last tp is the original TP i set when i create the pos... example:

i create the pos with TP 100 and SL 100 Lot = 1
i create 4 intermedie TP every 20 pips (for this example)

so.. at 20 pips i close 0.25 lot
at 40 i close 0.25 lot
at 60 i close 0.40 lot
at 80 i close 0.10 lot but there are no more lot!!
The position is totally closed without touch the original 100 TP!

So...
This way is fine for me 3 intermediate and final closure of all , but maybe see what others say ,
Are you making it flexible , like if i want 30,30,30 and the rest 10, or 20 50 20 and the rest 10.(parameterizable)
  • #243
  • Feb 28, 2011 9:20am Feb 28, 2011 9:20am
Here Ronnie EA V 1.1
I Add the Multiple Take Profit Option... you have 3 intermediate customizable take profit and the final TP.

Now i only post the installation version because sometimes i changhe my libraries so if you don't have the right lib it doesn't work.

In this package:
Ronnie V1.1
Indicator
Libraries
Ronnie Template

When you want to uninstall all this you can find Ronnie V1.1 in your program list and you can delete all those files using the uninstall.


Report here bug, settings and ideas!!!

Happy Pipping!

PS. You can use Multiple TP and Trailing Stop at the same time!
PPS. If you find a good Settings please share your BT!
Attached File(s)
File Type: zip Ronnie V1.1.zip   399 KB | 507 downloads
There is no place like 127.0.0.1
  • #244
  • Feb 28, 2011 9:39am Feb 28, 2011 9:39am
Quoting EaCoder_ITA
Here Ronnie EA V 1.1
I Add the Multiple Take Profit Option... you have 3 intermediate customizable take profit and the final TP.

Now i only post the installation version because sometimes i changhe my libraries so if you don't have the right lib it doesn't work.

In this package:
Ronnie V1.1
Indicator
Libraries
Ronnie Template

When you want to uninstall all this you can find Ronnie V1.1 in your program list and you can delete all those files using the uninstall.


Report here bug, settings and ideas!!!

Happy Pipping!

PS. You can use Multiple...
Excellent Thanks EA coder , I will set it up on demo tonight- have you done any backtesting on this yet
  • #245
  • Feb 28, 2011 9:55am Feb 28, 2011 9:55am
Quoting peterporter
Excellent Thanks EA coder , I will set it up on demo tonight- have you done any backtesting on this yet
I'm testing it now... but i'm coding many things togheter and it take some times to do BT with right settings.. || many var = many possibility || i hope that people here will BackTest it to find profitable settings (if exist LOL) and share to the community....
There is no place like 127.0.0.1
  • #246
  • Feb 28, 2011 11:23am Feb 28, 2011 11:23am
thanks. trying.

could u advice on the fixed lot vs risk?

i can never figure that one out. tried it, good profit but still the lot doesnt does what as it sounded.

another one, can it be limited to only one position open?
  • #247
  • Feb 28, 2011 11:31am Feb 28, 2011 11:31am
Quoting freqzz
thanks. trying.

could u advice on the fixed lot vs risk?

i can never figure that one out. tried it, good profit but still the lot doesnt does what as it sounded.

another one, can it be limited to only one position open?
If you decide a fixed lotsize just write it in the Fixed Lot.. if you set it to 0 it will use risk percent....
EX.1
Fixed Lot = 1
Risk = 10
In this case it will ignore risk and will open all the position of 1 lot
EX2
Fixed Lot = 0;
Risk = 10
In this case every position that will open will risk 10% of your balance.
If your balance is 1000 EUR/USD/xxx and you lose this position yuo'll lose 100 EUR/USD/xxx

Hope you understand my bad english.... feel free to ask any question!
There is no place like 127.0.0.1
  • #248
  • Feb 28, 2011 1:37pm Feb 28, 2011 1:37pm
Quoting EaCoder_ITA
If you decide a fixed lotsize just write it in the Fixed Lot.. if you set it to 0 it will use risk percent....
EX.1
Fixed Lot = 1
Risk = 10
In this case it will ignore risk and will open all the position of 1 lot
EX2
Fixed Lot = 0;
Risk = 10
In this case every position that will open will risk 10% of your balance.
If your balance is 1000 EUR/USD/xxx and you lose this position yuo'll lose 100 EUR/USD/xxx

Hope you understand my bad english.... feel free to ask any question!

Hi EA Coder

Thankyou for the time you have spent on this EA.

Can I ask param about RetracementDistance Your readme describes this as :

RetracementDistance = It will lookinig for retracement only if the price will touch this distance from the retracement EMA

while ronnierotts rules say that ' the high low/ of the setup candle is NOT more than 50 pips away from the 15EMA (30 for G/J and U/C).

Maybe I'm wrong, and apologies if I am, but your RetracementDistance param doesn't sound the same thing? Can you clarify?
  • #249
  • Feb 28, 2011 4:19pm Feb 28, 2011 4:19pm
Quoting stricky1967
Hi EA Coder

Thankyou for the time you have spent on this EA.

Can I ask param about RetracementDistance Your readme describes this as :

RetracementDistance = It will lookinig for retracement only if the price will touch this distance from the retracement EMA

while ronnierotts rules say that ' the high low/ of the setup candle is NOT more than 50 pips away from the 15EMA (30 for G/J and U/C).

Maybe I'm wrong, and apologies if I am, but your RetracementDistance param doesn't sound the same thing? Can you clarify?
Hi,
first the EA will look for MACD and EMA direction.. AFTER that it will look for a distance between price and 15ema (RetracementDistance) when this distance is reached the EA will look for the retracement with 15EMA.

In attachments i add a pic to explain...

Sorry for my bad english... hope you understand
Attached Image (click to enlarge)
Click to Enlarge Name: Help.jpg Size: 51 KB
There is no place like 127.0.0.1
  • #250
  • Feb 28, 2011 7:56pm Feb 28, 2011 7:56pm
Quoting EaCoder_ITA
Hi,
first the EA will look for MACD and EMA direction.. AFTER that it will look for a distance between price and 15ema (RetracementDistance) when this distance is reached the EA will look for the retracement with 15EMA.

In attachments i add a pic to explain...

Sorry for my bad english... hope you understand

i must say, i admire your passion for coding. i give u a thumbs up!
  • #251
  • Mar 1, 2011 1:12am Mar 1, 2011 1:12am
Quoting EaCoder_ITA
Hi,
first the EA will look for MACD and EMA direction.. AFTER that it will look for a distance between price and 15ema (RetracementDistance) when this distance is reached the EA will look for the retracement with 15EMA.

In attachments i add a pic to explain...

Sorry for my bad english... hope you understand
Thanks for the explanation, however I cant find this rule in the system. Did you add it? Is this how the EA know's there has been a retracement, by this distance?
  • #252
  • Mar 1, 2011 1:51am Mar 1, 2011 1:51am
A show of hands, whoever is keen on using Ronnierott's 1 Hour Strategy, to use it on a 15M chart?

I'm thinking of asking Ronnierott to open up a new thread for those who're keen on 15M chart, then we can all discuss there, instead of cluttering here, e audience here belongs to 1H chart.
  • #253
  • Mar 1, 2011 2:50am Mar 1, 2011 2:50am
Quoting stricky1967
Thanks for the explanation, however I cant find this rule in the system. Did you add it? Is this how the EA know's there has been a retracement, by this distance?
This system is looking for a retracement in a trend market, i think that to find a retracement you need something like the pic i show you before.. however you can set it very small ( 5 ) if you don't want a big swing...

for coding reason i suggest to not set it to 0..
There is no place like 127.0.0.1
  • #254
  • Mar 1, 2011 3:00am Mar 1, 2011 3:00am
Quoting kedridder
A show of hands, whoever is keen on using Ronnierott's 1 Hour Strategy, to use it on a 15M chart?

I'm thinking of asking Ronnierott to open up a new thread for those who're keen on 15M chart, then we can all discuss there, instead of cluttering here, e audience here belongs to 1H chart.
Hi Kedridder

I would be interested (if I had the time), I think this system has potential at all TF's . I am not sure of the values of the MA's and EMA with MACD at the differents TF . This is always something that confuses me --- what to adjust to what level or do we keep it the same
Unfortunatley I only have time to check once an hour max , setting with the rigid setting of 100 sl 100 tp and just see how it performs,I will fine tune later (trailing, different TF, different R:R etc when I am confident it works with the basic setting , which I believe it does
One step at a timer for me
EACoder
Going to set up the EA on say 10 PRS this morning with OOTB settings. are the OOTB settings quite good?
  • #255
  • Mar 1, 2011 3:07am Mar 1, 2011 3:07am
Quoting peterporter
Hi Kedridder

I would be interested (if I had the time), I think this system has potential at all TF's . I am not sure of the values of the MA's and EMA with MACD at the differents TF . This is always something that confuses me --- what to adjust to what level or do we keep it the same
Unfortunatley I only have time to check once an hour max , setting with the rigid setting of 100 sl 100 tp and just see how it performs,I will fine tune later (trailing, different TF, different R:R etc when I am confident it works with the basic setting , which I...
thanks for ur contribution peterporter.
well, i have adjusted ronnierott's exit strategy and i appreciate his opening of original thread, giving me a good idea on e entry. Thus, i complement his system with mine and i come out with an all-new exit system. However, my respect for Ronnierott, i will not open a thread, taking his credit. I'll seek his approval before i open one for further discussion.
  • #256
  • Mar 1, 2011 3:21am Mar 1, 2011 3:21am
Quoting peterporter
Hi Kedridder

I would be interested (if I had the time), I think this system has potential at all TF's . I am not sure of the values of the MA's and EMA with MACD at the differents TF . This is always something that confuses me --- what to adjust to what level or do we keep it the same
Unfortunatley I only have time to check once an hour max , setting with the rigid setting of 100 sl 100 tp and just see how it performs,I will fine tune later (trailing, different TF, different R:R...
Sorry mate i don't have understand your question.... 10PRS? OOTB?.... can you explain please... i'm sorry about my eng!
There is no place like 127.0.0.1
  • #257
  • Mar 1, 2011 3:25am Mar 1, 2011 3:25am
Quoting EaCoder_ITA
Sorry mate i don't have understand your question.... 10PRS? OOTB?.... can you explain please... i'm sorry about my eng!
Sorry , I mean I am going to put your EA on ten different currency charts (10 pair ie GBPUSD, USDCHF etc
and I will be using the default settings (OOTB means Out Of The Box)
If it proves to not be triggering trade or be profitable I will strart tweaking as I see best OK
  • #258
  • Mar 1, 2011 3:32am Mar 1, 2011 3:32am
Quoting EaCoder_ITA
This system is looking for a retracement in a trend market, i think that to find a retracement you need something like the pic i show you before.. however you can set it very small ( 5 ) if you don't want a big swing...

for coding reason i suggest to not set it to 0..

Thanks for explaining that.

Does the EA contain logic for this rule 2?


" When the price hits the 15 EMA & bounces off or goes through the 15 EMA and reverses back it's a trade AS LONG AS:-.......the high low/ of the setup candle is NOT more than 50 pips away from the 15EMA (30 for G/J and U/C)."
  • #259
  • Mar 1, 2011 4:47am Mar 1, 2011 4:47am
@PETERPORTER
OK.. i understand!
the settings are not optimized.. i'm doing some BT and hope that someone else is doing BT!!

@STRICKY1967
The EA doesn't control the distance of H/L from the fast ema.
There is no place like 127.0.0.1
  • #260
  • Mar 1, 2011 4:51am Mar 1, 2011 4:51am
Hi guys,

It seems this thread has been taken over by EA development...

I'm not sure if this a good or bad thing.

Anyway hope it works...
Patience and peserverance determine the outcome in any aspect of life.
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