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Trading Made Simple EA by Guess Whom

  • #241
  • Jul 6, 2011 5:02pm Jul 6, 2011 5:02pm
ok ... well ... so could you plz post your settings ?
  • #242
  • Jul 6, 2011 8:49pm Jul 6, 2011 8:49pm
Quoting fxarcher
Since I posted that trade above 15 hr ago, the Ea has not taken another trade with the deefault settings. Please see Attacment.
Anyone have a different story?

You have UseCounterTrend turn off, as I said in my last post, if you turn it on "true", it will give you more trades.
  • #243
  • Jul 6, 2011 8:52pm Jul 6, 2011 8:52pm
After a good day on Jul 5, today is a losing day:

total trades 18
profitable trades 6
net loss -37 pips

I have put this EA on demo on 20 pairs, setting is same as my previous posts. I would not change the setting for the time being to see how it performs.
I don't touch the trade except I manually turn the EA back on after a trade is finished.
  • #244
  • Jul 6, 2011 9:13pm Jul 6, 2011 9:13pm
Hi Seller9,

I have analysed some of my trades and I discovered that there were quite a few small loss trades which were opened and closed almost at the same time. I guess there may be an entry logic issue some where.

I like to report this incidence. After a USDJPY trade was closed by the EA 2 bars ago, I turned it back just now and it immediately entered a short trade which I believe it is against some of the filters. I have captured a screen shot moment after the trade is entered.

From the picture, the trade was entered against the green TDI line which should never happen.

Could you look into this issue ? If this can be resolved, the EA will produce a lot less small losses trades.
Attached Image (click to enlarge)
Click to Enlarge Name: TMS V_5.png Size: 278 KB
  • #245
  • Jul 6, 2011 11:11pm Jul 6, 2011 11:11pm
Quoting kwchau
Hi Seller9,

I have analysed some of my trades and I discovered that there were quite a few small loss trades which were opened and closed almost at the same time. I guess there may be an entry logic issue some where.

I like to report this incidence. After a USDJPY trade was closed by the EA 2 bars ago, I turned it back just now and it immediately entered a short trade which I believe it is against some of the filters. I have captured a screen shot moment after the trade is entered.

From the picture, the trade was entered against the green...
What do you have your slope set at? I see the slope in your picture is 0.9 and is giving a red signal for a short. If the slope is close to being flat it is possible the TDI green line is jumping back and forth across the red line with different tics as it is calculated on every tic. The TDI indicator does not change from tic to tic so you don't see this. I have made a few changes to the EA and will post it in a few minutes to hopefully help stop entering some bad trades.
  • #246
  • Jul 6, 2011 11:33pm Jul 6, 2011 11:33pm
Quoting seller9
What do you have your slope set at? I see the slope in your picture is 0.9 and is giving a red signal for a short. If the slope is close to being flat it is possible the TDI green line is jumping back and forth across the red line with different tics as it is calculated on every tic. The TDI indicator does not change from tic to tic so you don't see this. I have made a few changes to the EA and will post it in a few minutes to hopefully help stop entering some bad trades.
I hv found that the TMSwatchdog or the EA latest...do not update the slope very often on the charts...

If u look closely into kwchau's chart TMSwatchdog slope is 3.2 and a green cross!!
  • #247
  • Edited Jul 7, 2011 12:27am Jul 6, 2011 11:37pm | Edited Jul 7, 2011 12:27am
Here is the next version. I have made a few changes, hopefully to make it better. They are shown and explained in the screen shot below.

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy_tms_v6.jpg Size: 174 KB


Attached File(s)
File Type: ex4 TMS_V6.ex4   62 KB | 818 downloads
  • #248
  • Jul 6, 2011 11:59pm Jul 6, 2011 11:59pm
Quoting bdfxer
I hv found that the TMSwatchdog or the EA latest...do not update the slope very often on the charts...

If u look closely into kwchau's chart TMSwatchdog slope is 3.2 and a green cross!!
The EA Calls the "TDI Red Green" indicator on each tic, so that is where it gets its numbers to calculate the slope. I don't know what the TMSwatchdog does as I don't have the code for it, so they may be different at times. The graph keeps showing the same angle even though the slope has changed durring the candle.
  • #249
  • Jul 7, 2011 12:24am Jul 7, 2011 12:24am
To see what is happening, some times you need to just watch the chart and indicators at the exact time the trade is taking place. In the past I have enabled a screen capture at the moment the trade is taking place and it sometimes surprises you what was taking place at the time of the trade. Will keep watching to see if I get anything strange. I have gotten some bad trades but the EA was just following the rules. When these trades happen I try to analyze them and put safe guards into the EA so they don't happen again. I have added another one in the latest version TMS_V6 as I experienced a bad trade that this new addition may help avoid. I am also increasing the distance from the TMA center line to enter my trades, to avoid being around the center line. I am now going to try 75% of the way to the top or bottom TMA line as my Buy and Sell areas now, it seems like this is closer to where the longer runs start.

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.jpg Size: 179 KB
  • #250
  • Jul 7, 2011 12:39am Jul 7, 2011 12:39am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 153 KB
  • #251
  • Jul 7, 2011 12:44am Jul 7, 2011 12:44am
Quoting seller9
The EA Calls the "TDI Red Green" indicator on each tic, so that is where it gets its numbers to calculate the slope. I don't know what the TMSwatchdog does as I don't have the code for it, so they may be different at times. The graph keeps showing the same angle even though the slope has changed durring the candle.
As I wrote you, thanks for your efforts.

How do you conclude that the indi "TDI Red Green" changes at each tic?. I think you are wrong.

The attached indi does so. Can you send a new version of the EA with this indi..?

Thanks

Attached File(s)
File Type: mq4 TMS-Osc.mq4   4 KB | 390 downloads
  • #252
  • Jul 7, 2011 12:52am Jul 7, 2011 12:52am
Quoting seller9
Here is the next version. I have made a few changes, hopefully to make it better. They are shown and explained in the screen shot below.

Attachment

Attachment
Hi Seller9,

Really appreciate your effort. BTW I am using 4.0 as the slope.
Let's me demo trade your new version and report to you the findings.

Thanks again for your effort. I believe this EA got some potential.

kwchau
  • #253
  • Jul 7, 2011 1:22am Jul 7, 2011 1:22am
Hi Seller9,

With v6, assume I choose to trade against the daily trend, am I right to say that a trade will only be taken if all the on-screen parameters are green plus the new 75% distance and 3 bars rules?

just try to understand a bit more about the conditions of entry,
thanks,

kwchau
  • #254
  • Jul 7, 2011 1:40am Jul 7, 2011 1:40am
Hi Seller9,

With the two new conditions added, would it affect the chance of picking up bounce trades, those trades go along with the trend after an adjustment.

Please see the chart for what I mean.

These bounce trades are relatively easy to trade and profitable if done manually. I hope the new conditions will not affect these trades.

BTW, please clarify the value for ZoneMultiplier, which one is a stricter control, 75% or 50% ?

Appreciate your clarification.

kwchau
Attached Image (click to enlarge)
Click to Enlarge Name: TMS Bounce Trade.png Size: 278 KB
  • #255
  • Jul 7, 2011 8:27am Jul 7, 2011 8:27am
I have just encountered an issue. I set the TradeOnce to true. In the attached chart which showed that a second trade was taken even though I have not manually reset it to live.
Will continue to observe there is any repetitive situation.
Attached Image (click to enlarge)
Click to Enlarge Name: TMS V6 trade once.png Size: 263 KB
  • #256
  • Jul 7, 2011 9:16am Jul 7, 2011 9:16am
For now set the ZoneMultiplyer to "0", I think there is a bug that I will fix later.
  • #257
  • Jul 7, 2011 9:20am Jul 7, 2011 9:20am
Hi. I had an interesting trade this morning at 10:05 am EST. EA opened a EURUSD buy trade, and then immediately closed it for a small loss. The price action did not hit the stop loss. A screen shot of the relevant lines from the Experst tab is below, as well as a screen shot of the chart.

The screen shot below is after the trade already closed out, 1 second after the EA sent the SL and TP to broker.

Any idea why this has happened ?

I have countertrend set to false
Using the ATR TP and SL settings. TP set to 50 X ATR, SL set to 100 X ATR
Criminal ECN is true
Slope is set to 4.0
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD open close 0707.JPG Size: 40 KB
Click to Enlarge Name: EURUSD open close 0707 chart.JPG Size: 140 KB
  • #258
  • Jul 7, 2011 9:24am Jul 7, 2011 9:24am
Quoting Tpc23
Hi. I had an interesting trade this morning at 10:05 am EST. EA opened a EURUSD buy trade, and then immediately closed it for a small loss. The price action did not hit the stop loss. A screen shot of the relevant lines from the Experst tab is below, as well as a screen shot of the chart.

The screen shot below is after the trade already closed out, 1 second after the EA sent the SL and TP to broker.

Any idea why this has happened ?

I have countertrend set to false
Using the ATR TP and SL settings. TP set to 50 X ATR, SL set to 100...
This is happening quite frequently. I think it might be a coding issue.
  • #259
  • Jul 7, 2011 10:53am Jul 7, 2011 10:53am
I have had this happen quite often recently, contacted my broker who said it is due to the EA, and not them. Something needs to be repaired when there is time -- for now, I use manual trades
hope this helps
Leona

Quoting Tpc23
Hi. I had an interesting trade this morning at 10:05 am EST. EA opened a EURUSD buy trade, and then immediately closed it for a small loss. The price action did not hit the stop loss.

Any idea why this has happened ?

I have countertrend set to false
Using the ATR TP and SL settings. TP set to 50 X ATR, SL set to 100 X ATR
Criminal ECN is true
Slope is set to 4.0
  • #260
  • Jul 7, 2011 7:13pm Jul 7, 2011 7:13pm
Quoting Tpc23
Hi. I had an interesting trade this morning at 10:05 am EST. EA opened a EURUSD buy trade, and then immediately closed it for a small loss. The price action did not hit the stop loss. A screen shot of the relevant lines from the Experst tab is below, as well as a screen shot of the chart.

The screen shot below is after the trade already closed out, 1 second after the EA sent the SL and TP to broker.

Any idea why this has happened ?

I have countertrend set to false
Using the ATR TP and SL settings. TP set to 50 X ATR, SL set to 100 X ATR
Criminal...
The only thing the EA uses to close a trade is the TDI crossing in the reverse direction, going flat or going negative. Try setting these all to false and see if this stops it from closing a trade.

I have not experienced this, but have only used the reverse cross so far. It could be because TDI recalculates on each tic it is triggering one of these.

Let me know your results and I may have to rethink the TDI close signal, maybe its jumping around. I will see if I can add some code to display what it is doing and see if it is changing.
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