Trading Made Simple EA by Guess Whom | Page 25 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Made Simple the right way, and other trading lessons 334 replies

to whom it may concern 23 replies

Whom to trade CFDs with? 5 replies

Who is copying whom? 8 replies

If we trade "off-exchange", with whom do we "exchange" with? 3 replies

Attachments: Trading Made Simple EA by Guess Whom
Exit Attachments

Trading Made Simple EA by Guess Whom

  • #481
  • Jul 27, 2011 7:37pm Jul 27, 2011 7:37pm
Quoting seller9
I have also put into the EA a line of code that will capture the screen at the time the trade is placed so I can see exactly what all the alerts were at that moment in time for trouble shooting. If you like I can leave it in and just add a setting to turn it on or off. It saves a .gif file into the files folder.

Attachment
Hi, seller9, this is an excellent move, it will help us to visualize the trade and probably form a good base to improve the EA.

Your efforts is highly appreciated by all o us. Good on you.
  • #482
  • Edited Jul 28, 2011 12:06am Jul 27, 2011 11:32pm | Edited Jul 28, 2011 12:06am
As a follow up to my earlier post #463, The PA hit my TP at 40 pips.

By looking back at the chart, this is a "counter trend" trade.
Has any one use the 'Use CounterTrend' setting in the EA.
Do we need to have a separate (smaller) SL for CT.

Can any one share your experience on this.

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: 07-28 GBPUSD.jpg Size: 204 KB
  • #483
  • Jul 28, 2011 1:01am Jul 28, 2011 1:01am
Quoting seller9
I haven't come across any code that returns the Broker name, have you seen any?
I came across this text, you can try it out.
Attached Image (click to enlarge)
Click to Enlarge Name: AVA Text.jpg Size: 102 KB
  • #484
  • Jul 28, 2011 3:37am Jul 28, 2011 3:37am
Here is a picture of a trade just taken on USDCAD, TP set at 60.
Attached Image (click to enlarge)
Click to Enlarge Name: 07-28 USDCAD.jpg Size: 110 KB
  • #485
  • Jul 28, 2011 5:21am Jul 28, 2011 5:21am
Yes I'm in that one too., whats that indicator to the right of your TDI your using Star?
  • #486
  • Jul 28, 2011 7:09am Jul 28, 2011 7:09am
Quoting 2scoops
Yes I'm in that one too., whats that indicator to the right of your TDI your using Star?
That is a trend indicator that I found recently. It's best display at corner 1.
it consist of two parts, Price and Signal. No manual available.
The previous editor(s) wanted to squeeze a lot of information into a limited ; space. High, Low of the day; No. of points to Hi, Lo, Candle time; Spread; Daily average?
I am more interest in the Signal section,
TF for timeframe,
CCI
B/S buy or sell recomended,
Str for strength based on RSI. Stock, CCI.
TR triend based on TMA.

The second indicator is a Round Number of the price at 50 pips grid, the horizontal lines are removed to give a clearer chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Market price - 0.jpg Size: 121 KB
Click to Enlarge Name: Market price - 1.jpg Size: 155 KB
Attached File(s)
File Type: ex4 MarketPrice _v1_4 #.ex4   19 KB | 413 downloads
File Type: ex4 RN 50 (-).ex4   6 KB | 412 downloads
  • #487
  • Jul 28, 2011 7:24am Jul 28, 2011 7:24am
A/U short for -46 pips....I changed my settings to not use a jumping stop or breakeven otherwise This would have been a positive trade.
A/J short for 13 pips....This one was after I changed the settings back to the original.

I think its a toss up between using the jumping stop and letting the trades have more room to breathe.
  • #488
  • Jul 28, 2011 7:30am Jul 28, 2011 7:30am
A SELL trade on AUDUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: 07-28 AUDUSD.jpg Size: 111 KB
  • #489
  • Jul 28, 2011 7:49am Jul 28, 2011 7:49am
Thanks Star
  • #490
  • Jul 28, 2011 8:51am Jul 28, 2011 8:51am
Quoting live2wrshp
A/U short for -46 pips....I changed my settings to not use a jumping stop or breakeven otherwise This would have been a positive trade.
A/J short for 13 pips....This one was after I changed the settings back to the original.

I think its a toss up between using the jumping stop and letting the trades have more room to breathe.

After a number of trades triggering my JSL and later retracing, I am considering the same course of action.

I am also looking at disabling countertrend trades. All my trades this week have been countertrend, all losers.

Not the EA's fault. Just need to optimize my settings.

Thanks to Seller9 again for a great EA.

T
  • #491
  • Edited 10:47am Jul 28, 2011 9:51am | Edited 10:47am
Quoting Tpc23
After a number of trades triggering my JSL and later retracing, I am considering the same course of action.

I am also looking at disabling countertrend trades. All my trades this week have been countertrend, all losers.

Not the EA's fault. Just need to optimize my settings.

Thanks to Seller9 again for a great EA.

T
counter trend trading is too risky to be automated, when V10 comes out with its email alerts, I'll set up two separate sets of robots one set to counter trading on but set to alert only and the other set to counter trading false and set to allow live trading. As the counter alerts do sometimes pick up some very nice moves, they just need manually checking over, like the EUR/USD move yesterday against the daily trend but hitting a really obvious seller support area.
  • #492
  • Jul 28, 2011 11:08am Jul 28, 2011 11:08am
A/CAD sell +13 pips
G/CHF buy +8 pips
G/J buy +3 pips

Again these are with the jumping stop loss. I think this is the way I'll run it for now.

With these settings I would be up +32 on trades taken since last night. That would be 9 positive trades in a row. I know that its too short of a timeframe but that's still some pretty consistent results.
  • #493
  • Jul 28, 2011 12:25pm Jul 28, 2011 12:25pm
Hello EAers.. hmm. Good results so far w/V8, have had 11 trades w/3 losers only, but I am having some issues with "Trading context busy" error msg when the EA is trying to place 2 trades at open of candle at the same time I believe. Anybody having issues with this? If yes, Seller9, is there a way to offset trades a minute or two so there is no conflict?
Otherwise, seems to be having great entry points for the most part. Thank you guys for the info on JSL and such, very helpful.
Many pips to ya
  • #494
  • Jul 28, 2011 12:28pm Jul 28, 2011 12:28pm
Quoting pippete
Hello EAers.. hmm. Good results so far w/V8, have had 11 trades w/3 losers only, but I am having some issues with "Trading context busy" error msg when the EA is trying to place 2 trades at open of candle at the same time I believe. Anybody having issues with this? If yes, Seller9, is there a way to offset trades a minute or two so there is no conflict?
Otherwise, seems to be having great entry points for the most part. Thank you guys for the info on JSL and such, very helpful.
Many pips to ya
I have the same issue
  • #495
  • Jul 28, 2011 1:39pm Jul 28, 2011 1:39pm
Even if it doesn't make it as a profitable EA it'll make a bloody good alert system for TMS traders. The USD/CAD trade today is a good example of where a bit of an eyeball check of the daily could have saved a failed trade. Although in a strong downtrend its hit a zone of seller support from three months ago.

still only -23 pips with the exit on cross setting
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 41 KB
  • #496
  • Jul 28, 2011 1:42pm Jul 28, 2011 1:42pm
Quoting pippete
Hello EAers.. hmm. Good results so far w/V8, have had 11 trades w/3 losers only, but I am having some issues with "Trading context busy" error msg when the EA is trying to place 2 trades at open of candle at the same time I believe. Anybody having issues with this? If yes, Seller9, is there a way to offset trades a minute or two so there is no conflict?
Otherwise, seems to be having great entry points for the most part. Thank you guys for the info on JSL and such, very helpful.
Many pips to ya
Very good, pipp.

Are you work on TF=H4?
How many pairs are ON with this EA?

Thanks for your response.

Y.
  • #497
  • Jul 28, 2011 2:21pm Jul 28, 2011 2:21pm
Quoting pippete
Hello EAers.. hmm. Good results so far w/V8, have had 11 trades w/3 losers only, but I am having some issues with "Trading context busy" error msg when the EA is trying to place 2 trades at open of candle at the same time I believe. Anybody having issues with this? If yes, Seller9, is there a way to offset trades a minute or two so there is no conflict?
Otherwise, seems to be having great entry points for the most part. Thank you guys for the info on JSL and such, very helpful.
Many pips to ya

Me too Same issue
  • #498
  • Jul 28, 2011 3:08pm Jul 28, 2011 3:08pm
Quoting crossy
Very good, pipp.

Are you work on TF=H4?
How many pairs are ON with this EA?

Thanks for your response.

Y.
2 more winners in last few hrs. that's 13/3 win/loss... granted, I only take 20 pips TP on all trades due to countertrend issues, I have one acct set up to take only trending trades, I will let the trades run a lot longer on that and we'll see.

I use H4 TF only, (I thought H4 is hardwired into the bot, can't take other TF's, right?)
I have it on all pairs (20 pairs on FXDD demo)

As Scoops said, it's a pretty darn good alert tool for TMS traders, I use it as an educational tool also to spot and confirm setups. Semi-automatic trading with it might be a great utility. (Let the bot start, and manage trades afterwards...)
Time will tell, but encouraging so far....
  • #499
  • Jul 28, 2011 3:26pm Jul 28, 2011 3:26pm
What SL are you using Pippete? are you concerned with R & R, I guess not with that win ratio ! lol - might give it a go myself.
  • #500
  • Jul 28, 2011 8:44pm Jul 28, 2011 8:44pm
This time I set the TP at 60 pips. The SL was set by the EA at last fractal high.

From the chart it seems that the third red candle might touch the TP line, but not able to trigger it. Probably need to set the TP much smaller next time.

Lucky for me I close the trade manually before switching off the computer, having a 20 pips profit.
Attached Image (click to enlarge)
Click to Enlarge Name: 07-29 AUDUSD.jpg Size: 196 KB
1 trader viewing now