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Trading Made Simple EA by Guess Whom

  • #381
  • Jul 19, 2011 9:22pm Jul 19, 2011 9:22pm
Quoting Tpc23
Galen:

I have had error 130 in two situations. First, if my broker is an ECN and requires that the stops be placed separately from the trade. This can be adressed by setting the CriminalsECN setting to true.

I have also had this happen when it appears that the stops were too close to the PA and the broke would not let the order be placed.

Hope that helps.
Hi Tpc23, seller9,

Thanks for the tips about the two conditions causing this error.

I believe there is no harm in setting the default for CriminalsECN to true as we are trading 1 to 4 hr tf.

Secondly, could we have the default SL set to the Highest or Lowest of the previous 2 candles as per Big E's method.

Seller9, I would be very grateful if we could this features for the next EA version - really appreciated your efforts and sharing.

It find it easier to set the charts up once, then save it as the default template and then I can just open up the the other pairs - much faster than loading a set file for each new chart.

Good Trading to all!
  • #382
  • Jul 19, 2011 10:40pm Jul 19, 2011 10:40pm
Quoting Galen
Hi Tpc23, seller9,

Secondly, could we have the default SL set to the Highest or Lowest of the previous 2 candles as per Big E's method.

Good Trading to all!
Thats part of the original code of the original EA. The way it was is it will use the low or high of the second candle back for the SL. I will fix it in the next version so it uses the lowest or highest of the last 2 candles. To use it you have to set the following.

SLmultiplyer = 0
UseLastfractalSL = false
StopLoss = 0

It should then use the second to last candle Low or High for the Stop Loss.
  • #383
  • Jul 19, 2011 10:48pm Jul 19, 2011 10:48pm
[quote=Tpc23;4793518]Folks:

I can't figure out why I am not getting any trades since upgrading to V8. Please take a look at my set file and see if you can see anything wrong.

I have gotten only one trade in the last 24 hours and the only thing I have set different is the Zonemultiplyer, which I have at 0. I am also not using the BE and other Jump SL settings, but those should not effect taking a Buy or Sell.

Edit: Just a dumb question, did you enable allow live trading in the new EA?
  • #384
  • Jul 19, 2011 11:09pm Jul 19, 2011 11:09pm
Quoting seller9
Thats part of the original code of the original EA. The way it was is it will use the low or high of the second candle back for the SL. I will fix it in the next version so it uses the lowest or highest of the last 2 candles. To use it you have to set the following.

SLmultiplyer = 0
UseLastfractalSL = false
StopLoss = 0

It should then use the second to last candle Low or High for the Stop Loss.
Hi seller9,

Many thanks again for the helping me make the changes. Other than these changes. I have also set TP to 0 so I can close the trades manually, will report the result tomorrow.

Cheers.
  • #385
  • Jul 20, 2011 2:42am Jul 20, 2011 2:42am
First trade today by EA .7 GMT

Short @ 127.290
Trail Stop @ 127.054
Pips = 29.92
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It Is Well With My Soul..(Amen)
  • #386
  • Jul 20, 2011 7:42am Jul 20, 2011 7:42am
Quoting seller9

Edit: Just a dumb question, did you enable allow live trading in the new EA?
LOL. Yes, I did enable live trading. That would have been pretty amusing!

The EA started trading earlier this morning. For testing purposes, I should reduce the zonemultiplier. I was trying to get the EA into better trades.

I need to adjust the BreakEven pips distance. I have it set too close to the entry price and am getting error 130 regarding the stops. The order is being placed, but the broker is rejecting the second communication with the BE and JSL stops.

Good news is that the BE/JSL combo works. I had three trades initiate earlier today while I slept. in all 3 cases, the PA reversed and would have normally gone all the way to my initial stop loss. Trades were closed in profit. Now to find the right BE/JSL settings.

Thanks for looking at my settings.
  • #387
  • Jul 20, 2011 9:12am Jul 20, 2011 9:12am
Hi Guys,

V8 would have gotten into a buy trade for USDJPY pair but didn't due to technical difficulty - tried one more time during London time, but didn't again - I could not find where the alerts were recorded.

It did enter one short on USDCHF which was successful - entered 0.01 and closed with 3.84 profit this morning.

My manual trading last night was bad - lots of whipsaws!

Good Trading to all!
  • #388
  • Jul 20, 2011 10:35am Jul 20, 2011 10:35am
Can you help why do I have the "SUSPENDED" comment on some pairs?

Thanks.

Y.
  • #389
  • Jul 20, 2011 10:40am Jul 20, 2011 10:40am
I'm running 64bit Win7 with Oanda. The EA loads, but with an X in the right corner rather than a smiley face. The EA seems to have taken a reading when it loads, but doesn't update. The Candle Time Left never moves.

Also, the Dashboard loads & shows smiley faces on the pairs, but won't update unless I restart each bot. Plus it won't save. If I save Default, it doesn't show in the pull-down & won't show the next time I load. I've tried to change it to Run as Administrator, but that's greyed out.

Any ideas?
  • #390
  • Jul 20, 2011 11:04am Jul 20, 2011 11:04am
Quoting crossy
Can you help why do I have the "SUSPENDED" comment on some pairs?

Thanks.

Y.

The EA issued a buy or sell order and suspended the robot. In the settings is "TradeOnce". When set to true, then the EA suspends itself. Otherwise, it would keep issuing trade orders as long as the trade conditions remained favorable. Theoretically, you could end up with a bunch of trades with the same parameters.

T
  • #391
  • Jul 20, 2011 1:41pm Jul 20, 2011 1:41pm
Two trades while I was asleep last night, both winners. I am just scalping 10 pips each trade at this time untill I get a chance to test some BE, trailing stop settings. Both trades were on a live account, these were the only two taken by the EA.

Edit: This is still V7 on my live account, will update to V8 at end of week.

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  • #392
  • Jul 20, 2011 1:51pm Jul 20, 2011 1:51pm
Quoting seller9
Two trades while I was asleep last night, both winners. I am just scalping 10 pips each trade at this time untill I get a ...]
V8 caught one of these trades last night as well, for scalping of TP at 10, what was your SL?

Thanks.
  • #393
  • Jul 20, 2011 1:57pm Jul 20, 2011 1:57pm
Here are a couple additions that will be in the next version.

1) Have added a SL of the highest or lowest of the last 2 previous candles as requested.

2) I am also changing the Daily trend indicator so it will now show the present daily candle trend on the right and the previous 9 daily candle trends moving from right to left. Only the present daily candle will be used in the alert if "UseCounterTrend" is set to faslse. The others will give you an idea of what has been happening the previous 9 days. Below is a screen shout of what it looks like. Green for Up trend, Red for Down trend, and yellow for rangeing.

3) Also am going to add the option so you can tell the Robot only to take long or short trades.

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  • #394
  • Jul 20, 2011 2:00pm Jul 20, 2011 2:00pm
Quoting Galen
V8 caught one of these trades last night as well, for scalping of TP at 10, what was your SL?

Thanks.
I was using the last fractal stop loss, high or low.
  • #395
  • Jul 20, 2011 2:48pm Jul 20, 2011 2:48pm
Quoting seller9
I was using the last fractal stop loss, high or low.
Fascinating!

Coming version looks great as well, would be great for risk management if we can have a legend to show what is the risk:reward ratio for the current open trade.

Next we could have a filter to limit trades to those with an RR ratio of, say within 10:1 - i.e. risk 100 pips for 10 pips.

Thanks again for sharing your effort!
  • #396
  • Jul 20, 2011 3:35pm Jul 20, 2011 3:35pm
So far, I got six trades today. 4 of them closed for three pips profit after the S/L was set to break even. 1 closed for 10 pips profit after I adjusted the break even and JSL settings, and the 6th is still open, down 6 pips.

I had lowered the zone multiplier to 15 in order to make the EA a bit more active than my previous settings. I think I will take it back to 25.

I have also readjusted the BreakEven pips setting and JSL settings.

BE pips will be set to 20. So the the SL will move to BE after the Price action moves 20 pips in my favor. I will set the BE profit pips to 3 so that I capture at least a few pips if the PA reverses on me after the SL has been moved to BE. I am going to have the JSL set to 3 pip movements.

Seller9: What do you think of a profit maximizer that moves the TP setting further out by a few pips as the PA approaches. Similar idea to the Jumping Stop Loss except a Jumping Take profit. I am noticing trades are closed out at our TP setting but in some cases, we could have gone for quite a bit more as the price action continued in our favor.

While being careful to not let greed take over, I'm trying to think of ways that the EA can be as autonomous as possible.

T
  • #397
  • Jul 20, 2011 10:33pm Jul 20, 2011 10:33pm
Seller9: What do you think of a profit maximizer that moves the TP setting further out by a few pips as the PA approaches. Similar idea to the Jumping Stop Loss except a Jumping Take profit. I am noticing trades are closed out at our TP setting but in some cases, we could have gone for quite a bit more as the price action continued in our favor.

While being careful to not let greed take over, I'm trying to think of ways that the EA can be as autonomous as possible.

T[/quote]

Thats something I have thought about, maybe add it as part of the jump stop loss. So when the SL jumps, the TP could jump also at the same time. I will put it on the list of future things to add. I don't want to make too many changes incase bugs get into the code. Once we fine tune what we have and find some decent SL and TP settings and see that everything works and the EA can actually function without blowing the account I will add it in along with other things anyone comes up with that would make it better.
  • #398
  • Jul 21, 2011 12:47pm Jul 21, 2011 12:47pm
Quoting Tpc23
The EA issued a buy or sell order and suspended the robot. In the settings is "TradeOnce". When set to true, then the EA suspends itself. Otherwise, it would keep issuing trade orders as long as the trade conditions remained favorable. Theoretically, you could end up with a bunch of trades with the same parameters.

T
I have another small quastion:

I use thr EA on 15 pairs: My problem is that as I change any parameters of its input, I have been asked "Do you want to activate the EA on EURUSD?" (f.e.), but this comments appears just on some pairs, but not with all pairs.

Are you or maybe somebody else has the same problem?

Thanks.

WHY?
  • #399
  • Jul 21, 2011 6:08pm Jul 21, 2011 6:08pm
Quoting crossy
I have another small quastion:

I use thr EA on 15 pairs: My problem is that as I change any parameters of its input, I have been asked "Do you want to activate the EA on EURUSD?" (f.e.), but this comments appears just on some pairs, but not with all pairs.

Are you or maybe somebody else has the same problem?

Thanks.

WHY?
This question is only asked if you have the "TradeOnce" setting set to true. You must have different settings on different Pairs, some must be set to false, in this case the Robot would not be suspended after a trade so there would be no need to restart it as it would continue to run after taking a trade, so you would not be asked the question to restart.

One more thing, you are not activating the EA when you are asked this question, the EA is always active as long as you have the smilely face in the upper right corner of your chart. When the Robot is suspended it will not enter any trades, but everything else looks the same and all the alerts are still present, so you could take a trade manually if you wanted when all the alerts were the same color.
  • #400
  • Jul 21, 2011 8:30pm Jul 21, 2011 8:30pm
Thank you Seller9, for your EA and DB.

I have just configered it and now waiting for the EA to trade.
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