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Sixths trading - an EA by macman, Bob and Steve mk 2

  • #1,961
  • Jun 2, 2011 12:27am Jun 2, 2011 12:27am
I have been reading a book about a simple way to trade with emphasis on the 100 and 200 moving average. These are universally respected averages every body looks at. Basically anything north of the 100 is bullish movement and south of it is bearish movement. When price encounters the 100 it will either tear through,bounce or range. Price can also stall at the 200 or pass through for confirmation of trend. So I started studying the white box and beast based on the 100 average. Then I set CCI candles on the chart. The CCI is set at a 100 period. So that every time price crosses the 100 moving average the candles now change color. If you look now at the chart you can see clearly when you want a box trade say long lime or red short. Now I have the filter set to 0 for emphasis but it could be set to anything that seemed most practical. -100 or 100 for instance. So a CCI set up like this could be programed in as a filter and you got the making of a filter that could reduce draw down. This could be static like the picture or possibly dynamic like what chaserl did for the bar counts. I am learning to code this stuff but months from understanding how to do this.
Doug
Attached Image (click to enlarge)
Click to Enlarge Name: beast box.jpg Size: 160 KB
  • #1,962
  • Jun 2, 2011 1:01am Jun 2, 2011 1:01am
Attached my indicator and template for anyone who wants to play. One last picture. A short would have been triggered in the white box but with a filter to only go long with positive CCI that could have been prevented.
Attached Image (click to enlarge)
Click to Enlarge Name: beast box 1.jpg Size: 165 KB
Attached File(s)
File Type: zip Test.zip   4 KB | 522 downloads
  • #1,963
  • Edited 9:39am Jun 2, 2011 6:53am | Edited 9:39am
Quoting slowkey
I have been reading a book about a simple way to trade with emphasis on the 100 and 200 moving average. These are universally respected averages every body looks at. Basically anything north of the 100 is bullish movement and south of it is bearish movement. When price encounters the 100 it will either tear through,bounce or range. Price can also stall at the 200 or pass through for confirmation of trend. So I started studying the white box and beast based on the 100 average. Then I set CCI candles on the chart. The CCI is set at a 100 period....
I think this is worth investigating, so I coded a quick ea to run a test. I had loaded the two ma's onto a number of H1 charts; interesting to see how well these two combine to trigger profitable trades.

The template places the two moving averages on your chart.

The EA trades thus, taking a long trade as an example, so reverse the conditions for a sell:

 

  1. MA(100) is yellow; MA(200) is turquoise.
  2. Yellow is > turquoise.
  3. Bid is > yellow.
  4. Previous candle was a riser.
  5. Market is no further than MaxDistanceFromFastMa pips away from the yellow line.
  6. Own choice of tp.
  7. Usual management features.
  8. If left at zero, initial stop is midway between the Yellow and Turquoise linesline, then the ea will trail the stop at the yellow line once an hour when the trade is in profit.

Everything takes place at the start of a new candle (unless you are using the management features to manage an open trade), so there is little damage done to the processor. The MA readings are only taken at the start of a new candle, so the fast ma will be out of date quickly.

The ea has no max distance from yellow setting, and so will send a trade if the above conditions are met. So:

 

  1. load up a chart
  2. load the template
  3. if the market is not too far away from the yellow, load up the bot. If it is too far away, then either load it up anyway cos this is a demo, or wait.

Have fun. If this has legs it can:

 

  1. go into a thread of its own
  2. become a filter that makes white box trading both more accurate for all of us and available to those traders in the US.


Attached File(s)
File Type: tpl 2 moving averages.tpl   < 1 KB | 622 downloads
File Type: mq4 Moving average trend-trading auto trading robot by Steve Hopwood.mq4   75 KB | 651 downloads
  • #1,964
  • Edited 8:23am Jun 2, 2011 7:47am | Edited 8:23am
Quoting SteveHopwood
Nothing. This is LUC inviting its pals around for coffee. The original code had a check on the value of the user's input and aborted auto-calc if this was > 0; I forgot to add this when I coded new the auto-calc function.

Would you care to try this fix and see if it works?

I apologize for having wasted your time and energies, especially to whip, my overworked Guardian Angel. I should have been certain that the,"fix,"was working properly before posting results. It was not. My confusion probably stemmed from testing on 3-4 different platforms at once, Alpari,Oanda,FxOpen, and at times,IBFX...confusing values from one platform with those of another. I may STILL be confused. However, as far as I can tell, TB is not reacting to ReEntryLinePips input. Once again, to all, sorry for the blunders. Don't trust my posting. I am an idiot. I leave it to others to work the,"fix," issue out, if interested. The results posted should be disregarded.
Vincit qui se vincit.
  • #1,965
  • Jun 2, 2011 8:43am Jun 2, 2011 8:43am
[quote=SteveHopwood;4661029]I think this is worth investigating, so I coded a quick ea to run a test. I had loaded the two ma's onto a number of H1 charts; interesting to see how well these two combine to trigger profitable trades.

Thanks Steve. Will look at the ea after breakfast and some appointments this am. I have the Beast running on IBFX US using Nano Lots. It is splendidly trading its heart away with out any white box and making a tidy profit. Yes with our overlord the CFTC suing any non-US brokers whom does not seek US regulation hedging is out of the question at least till this is tested in the courts. Thanks for all your work and some code to study. It's a great EA, The Beast..
Doug
  • #1,966
  • Jun 2, 2011 9:41am Jun 2, 2011 9:41am
I have made an alteration to the MA ea stop loss and added a max distance from the yellow line to allow a trade. Post 1963 for details.

  • #1,967
  • Jun 2, 2011 3:51pm Jun 2, 2011 3:51pm
CT trading, I currently have only 2 pairs with open trades, and 1 pending order to open a trade on a third pair. Yet, on screen display says 3 pairs trading. I'm sure everyone else has seen this and understands that it is correct. Will some kind soul please reassure me that all is well, and that this is how the BOT is supposed to work? I have a feeling it is me again. Thanks in advance for your guidance. Peeppo
Vincit qui se vincit.
  • #1,968
  • Jun 2, 2011 3:58pm Jun 2, 2011 3:58pm
Quoting Pippopotamus
CT trading, I currently have only 2 pairs with open trades, and 1 pending order to open a trade on a third pair. Yet, on screen display says 3 pairs trading. I'm sure everyone else has seen this and understands that it is correct. Will some kind soul please reassure me that all is well, and that this is how the BOT is supposed to work? I have a feeling it is me again. Thanks in advance for your guidance. Peeppo
2 pairs with open trades plus a third with a trade pending = 3 pairs trading. TB makes no distinction between pending and filled trades for the purpose of keeping track on how many pairs are trading.

  • #1,969
  • Jun 2, 2011 10:33pm Jun 2, 2011 10:33pm
Hope all is well Steve...I have set MaxOpenPairsAllowed=1; but the BOT is trading 2 pairs! Didn't have this issue before until the latest version of the BOT. All the best to you.
  • #1,970
  • Jun 3, 2011 12:10am Jun 3, 2011 12:10am
[quote=SteveHopwood;4661435]I have made an alteration to the MA ea stop loss and added a max distance from the yellow line to allow a trade. Post 1963 for details.

I did some back testing on the MA ea and rung some profit out of EURUSD but that was more do to the brilliant trade management features of MPTM module. I switched the code a little and used Bobs 1 moving average to represent price crossing the 100 and was able to ring a few more trades out of it. But when you push the trade numbers up by adjusting the distance from the 100 your stats go negative. Your basically making it more sensitive to the chop of the ranging periods creating a lot of small looser. I was using the CCI to study the box because with it you can filter out the middle and possibly filter out some of that chop. The hedge solves by brute force the chop problem along with that amazing recovery module. Any ways I put it on 26 demo pairs and will play away. I need to think on this some more.
Doug
  • #1,971
  • Jun 3, 2011 4:45am Jun 3, 2011 4:45am
Quoting fchaman
Hope all is well Steve...I have set MaxOpenPairsAllowed=1; but the BOT is trading 2 pairs! Didn't have this issue before until the latest version of the BOT. All the best to you.
No idea why. The no-of-pairs code has not changed.

  • #1,972
  • Jun 3, 2011 2:18pm Jun 3, 2011 2:18pm
Quoting SteveHopwood
No idea why. The no-of-pairs code has not changed.

Hello, sametimes it happens to me as well because 2 new trades of different pairs are opened at the same time (more or less) . It is coincidence , not problem of code.
  • #1,973
  • Jun 4, 2011 9:07am Jun 4, 2011 9:07am
Mr. Scoobs, could you please explain to us what the hell is going on with USDCHF? I can usually tell what is going on with a pair but this one has me completely confused
  • #1,974
  • Jun 4, 2011 11:50am Jun 4, 2011 11:50am
Latest update in post 1. Please see the updates section.

  • #1,975
  • Jun 4, 2011 12:14pm Jun 4, 2011 12:14pm
Quoting SteveHopwood
Latest update in post 1. Please see the updates section.

Excellent......That should help everybody.....

whip
  • #1,976
  • Jun 4, 2011 3:54pm Jun 4, 2011 3:54pm
Superb improvement, Steve. Thanks.
Kudos to SlowKey.
Glenn
  • #1,977
  • Jun 5, 2011 2:42am Jun 5, 2011 2:42am
Wow, nice last update guys.
  • #1,978
  • Jun 5, 2011 3:12am Jun 5, 2011 3:12am
Quoting SteveHopwood
Latest update in post 1. Please see the updates section.

Looks really good Steve. I have a spreadsheet I originally compiled after optimizing for CT trading with out the white box. Of the 17 pairs that seemed to trade best north-south 15 show dramatic improvement in back testing. Expected profit for 28 pairs jumped 3.96 to 4.81. There are still about 11 pairs that I have set up to trade either north or south. Trying some of them north-south with the filter did not change their natural bias. Seemed still better to trade them just one way. Most are commodity currencies but not all. If forward testing proves successful with the filter and if is not to much code to change I wonder if adding the ability to trade the box with long and short only trades would be of any benefit. Trading short and only excepting the short trades from the filter. My concern would be with the commodity currencies you would be increasing the use of recovery some. Thanks for all you give here Steve. This bot has got me motivated to learn meql4. Once upon a time I went back to college for a year and studied programing but had to give it up after a cancer diagnosis. So now retired with time to do the things I want to do its fun to look at this stuff again.
Doug
  • #1,979
  • Jun 5, 2011 3:25am Jun 5, 2011 3:25am
Quoting slowkey
So now retired with time to do the things I want to do its fun to look at this stuff again.
Doug
Start with this little lot - it was enough to get me going.

Attached File(s)
File Type: zip MQL4_by_codersguru.zip   2.0 MB | 735 downloads
  • #1,980
  • Jun 5, 2011 3:40am Jun 5, 2011 3:40am
Quoting SteveHopwood
Start with this little lot - it was enough to get me going.

Many thanks Steve, very useful, I have done quite a bit of programming in "C" and C++, MQ4 is not that different. My aim is always to keep functions tight to avoid spaggeti code. Unfortunately there are limitations in MQ4 that do not support a lot of the Object Oriented features of C++. Otherwise it is not a difficult conversion.
Survive to fight another day
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