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Trading Made Simple EA by Guess Whom

  • #281
  • Jul 11, 2011 1:48pm Jul 11, 2011 1:48pm
Quoting seller9
How close were the trades to one another? The EA checks with the Broker to see if a trade that has been placed is open and if it doesn't get confirmation of the trade it will try and open it again. It waits a random amount of time after placing the trade to make this check.

Seller9,

According to my journal, it was taken right after the first trade was closed. Havent seen this happen since then. Also, EA took two trades today for profit.

Thanks,

Dan
  • #282
  • Jul 11, 2011 8:28pm Jul 11, 2011 8:28pm
what previous post? Zone multiplier I mean
thanks, I will attach this new one to my charts and have a go
Leona

Quoting seller9
I have fixed the bug in the "ZoneMultiplyer" setting so you can now use it as explained in a previous post.

Attachment
  • #283
  • Jul 12, 2011 3:30am Jul 12, 2011 3:30am
total trades : 2
profitable trades: 2
net gain : +34 pips

will continue with the same settings
  • #284
  • Jul 12, 2011 9:22am Jul 12, 2011 9:22am
The Robot entered 3 trades early this morning, screen shots below, will see how they turn out.

Attached Image (click to enlarge)
Click to Enlarge Name: audusd_buy.jpg Size: 169 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp_buy.jpg Size: 152 KB


Attached Image (click to enlarge)
Click to Enlarge Name: usdcad_sell.jpg Size: 166 KB
  • #285
  • Edited Jul 13, 2011 1:22am Jul 12, 2011 10:39am | Edited Jul 13, 2011 1:22am
Quoting seller9
The Robot entered 3 trades early this morning, screen shots below, will see how they turn out.

Attachment

Attachment

Attachment

I have the same trades and two more- GBPUSD & CADCHF. Will update with results later on in the day.

Dan


Update: The pound won, nice 60 pip trade, CADCHF didnt turn out so well..wouldnt of traded this pair live anyways..
  • #286
  • Jul 12, 2011 2:04pm Jul 12, 2011 2:04pm
Quoting seller9
Are you saying to use this instead of the TDI to close on cross, flat, or negative?
Hi just came from a small vecation...

Yes, You understood me well. Just for CLOSE trades.

Thanks.

Y.
  • #287
  • Jul 12, 2011 3:20pm Jul 12, 2011 3:20pm
The EA went long on the dollar/franc but the market went the other way (reverse), so I just stopped it. This happened around two am. I wasn't sure to let it continue or call it a night. So I choose for it and called it a night.
Did you know the profiteers like their money green?
  • #288
  • Jul 12, 2011 8:22pm Jul 12, 2011 8:22pm
total trades: 9
Profitable trades: 5
net loss: -136 pips

setting: as previously posted

Although the win % is over 50 but the loss trades were of bigger size. Particularly the GBPCHF trade, the market resumed the downtrend after EA took a long position.

Will test it for a few more days and consider changing some parameters.
  • #289
  • Edited 9:29pm Jul 12, 2011 9:11pm | Edited 9:29pm
Quoting kwchau
total trades: 9
Profitable trades: 5
net loss: -136 pips

setting: as previously posted

Although the win % is over 50 but the loss trades were of bigger size. Particularly the GBPCHF trade, the market resumed the downtrend after EA took a long position.

Will test it for a few more days and consider changing some parameters.

Same settings as well. I have noticed that when in a trend for some time, it may change enough during one candle for the EA to enter a trade and then your screwed because it continues its course. Maybe in a lengthy trend, two candle confirmation or the entry after the candle breaks the 5. Not as aggressive, but if a pair has been long for two days and the EA takes a trade on one candle in the opposite direction, it could hurt your account. Also, does the zone multiplier keep you in the trade longer?

Dan

Note: Non Aggressive entry is when candle crosses 5 MA & closes. Entry is on next candle. TDI above 50 is another Not so Aggressive method. None of this is my style, but may be a good filter.
  • #290
  • Jul 12, 2011 11:18pm Jul 12, 2011 11:18pm
Quoting Danimal42
Same settings as well. I have noticed that when in a trend for some time, it may change enough during one candle for the EA to enter a trade and then your screwed because it continues its course. Maybe in a lengthy trend, two candle confirmation or the entry after the candle breaks the 5. Not as aggressive, but if a pair has been long for two days and the EA takes a trade on one candle in the opposite direction, it could hurt your account. Also, does the zone multiplier keep you in the trade longer?

Dan

Note: Non Aggressive entry is when...
I still set the zone multiplier to 0. May try a different setting later. Do you use the zone multiplier ?
  • #291
  • Jul 13, 2011 7:39pm Jul 13, 2011 7:39pm
Quoting kwchau
I still set the zone multiplier to 0. May try a different setting later. Do you use the zone multiplier ?

I had it on by default, think im going to change it back to 0.

Dan
  • #292
  • Jul 13, 2011 7:57pm Jul 13, 2011 7:57pm
total trades : 12
winning trades : 6
net loss : -30

will try to change TDICloseOnNeg=false to TDIcloseOnCross=true to see what happen, hopefully this will give it a bit more room to move.
  • #293
  • Jul 14, 2011 5:46am Jul 14, 2011 5:46am
Quoting kwchau
total trades : 12
winning trades : 6
net loss : -30

will try to change TDICloseOnNeg=false to TDIcloseOnCross=true to see what happen, hopefully this will give it a bit more room to move.
Why wouldn't you check:
TdiCloseONcross = true;
TdiCloseONflat = true;
TdiCloseONneg = true;

Y.
  • #294
  • Jul 14, 2011 9:12am Jul 14, 2011 9:12am
Quoting crossy
Why wouldn't you check:
TdiCloseONcross = true;
TdiCloseONflat = true;
TdiCloseONneg = true;

Y.
If you do that, I think price will always hit TDICloseNeg before the other two.
  • #295
  • Jul 14, 2011 9:15am Jul 14, 2011 9:15am
Quoting kwchau
If you do that, I think price will always hit TDICloseNeg before the other two.
Yes KW,

I agree with you. But BIG_E said that he closes his trades as the green curve going to flate...

Y.
  • #296
  • Jul 14, 2011 9:20am Jul 14, 2011 9:20am
Quoting crossy
Yes KW,

I agree with you. But BIG_E said that he closes his trades as the green curve going to flate...

Y.
I should say TDIcloseneg will always hit before TDIclosecross. TSI closeflat will be hit before the other two, so it is more conservative.

I want to test TDIclosecross so that it will give a bit more room for the price to move, just see how it goes.
  • #297
  • Jul 14, 2011 4:23pm Jul 14, 2011 4:23pm
Quoting kwchau
I should say TDIcloseneg will always hit before TDIclosecross. TSI closeflat will be hit before the other two, so it is more conservative.

I want to test TDIclosecross so that it will give a bit more room for the price to move, just see how it goes.

Yes, you are correct. If they are all set to true, flat will be first to hit and take you out of the trade.

1) Flat
2) negative
3) Cross

So to give you tha most room using TDI as an exit, set just Cross to true.

If you leave them all off then your SL will take over.

I am beginning to wonder if we should be taking trades on the first candle like Big E does. This may be OK for Manual trading when you can look at everything else but for auto trading we may need more confirmation, unless we are just trying to scalp, but then we should be doing shorter time frames. We get some nice long runs on the H4, we just need to hit them at the right time and avoid that reversal.
  • #298
  • Jul 14, 2011 5:18pm Jul 14, 2011 5:18pm
Quoting seller9
Yes, you are correct. If they are all set to true, flat will be first to hit and take you out of the trade.


I am beginning to wonder if we should be taking trades on the first candle like Big E does. This may be OK for Manual trading when you can look at everything else but for auto trading we may need more confirmation, unless we are just trying to scalp, but then we should be doing shorter time frames. We get some nice long runs on the H4, we just need to hit them at the right time and avoid that reversal.

Im with you on this Seller9. Maybe wait until the Candle has piecered through the 5 and closed. I have had some nice runs as well, until the reversals wipe out the profit that was made. Also, when the multiplier was set to 0, it wasnt trying to go for longer runs. I was getting like 20-30 pips at one time- Not a bad thing.

Dan
  • #299
  • Jul 14, 2011 8:25pm Jul 14, 2011 8:25pm
total trades : 8
profitable trades : 6
net gains : +111

First day using TDICloseCross, not bad.

It happened again that there was one trade was opened and closed at once, the net is 0. Couldn't figure out why. This happens once in a while.
  • #300
  • Jul 14, 2011 8:33pm Jul 14, 2011 8:33pm
Quoting seller9
Yes, you are correct. If they are all set to true, flat will be first to hit and take you out of the trade.

1) Flat
2) negative
3) Cross

So to give you tha most room using TDI as an exit, set just Cross to true.

If you leave them all off then your SL will take over.

I am beginning to wonder if we should be taking trades on the first candle like Big E does. This may be OK for Manual trading when you can look at everything else but for auto trading we may need more confirmation, unless we are just trying to scalp, but then we...
Whether to take the trade at the first candle or not depend on the trend. If the trades is with the trend (eg sell on a downtrend after a brief up pause), I would prefer to trade the first candle after the pause. If the trade is against a strong trend (eg buy on a downtrend), then the second candle might be better.
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