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Trading Made Simple EA by Guess Whom

  • #521
  • Jul 29, 2011 2:07pm Jul 29, 2011 2:07pm
Great work - looking forward to V10
  • #522
  • Jul 29, 2011 3:10pm Jul 29, 2011 3:10pm
Quoting sgpips
thinking if we can have the candle size as one of the parameters.. to avoid small candles which has low volume which invalidates indicators...
Problem with the Candle is you relly don't know until it closes exactly what it is going to look like. I suppose we could look at the present spread between the High and the Low and look for a body of a certain percentage if that. But that isn't much good until some time has passed. We need a way to determine in advance when a candle is going to change to the opposite color so we don't enter.
Back to the Future and get one of thos magic sports books.
  • #523
  • Jul 29, 2011 3:16pm Jul 29, 2011 3:16pm
Quoting pippete
Wow, Seller9, amazing work you're doing here. Thanks for all the updates. I like the idea of lower TP for countertrend, but is there a way for the EA to see if a trade is countertrend and use lower TP or will you have to set it to false and set all TP to 5-10pips?
In other words, since we don't know if a signal will be with or w/o the trend, is there a way to let the EA run a higher TP on trending trades and a lower TP on countertrend trades?
I hope it makes sense, as it looks like we wanna avoid too small of TPs on nice trending runs...
What I could do is give you an option that when you have counter trend selected you will have another choice for TP for counter trend trades, that is easy to do. So you would alwasy be in a trending mode and if you have counter trade set to true then if a signal came that was against the trend it would open the trade but with the Counter Trend Take Profit PIP setting. I think I can sneak that into Version 10.

Maybe we can get this EA to make Lunch also.

Good Luck.
  • #524
  • Jul 29, 2011 3:30pm Jul 29, 2011 3:30pm
Quoting crossy
First thank you for your efforts you did, and, off course - SELLER9 - the great.

about your question I think that the STOCH triger should be changed to:

[Stoch (n=-1) - Stoch(n=0)] >= 3, since at the showed USDCHF the difference of the stoch was almost flat (about 0.1...)

Y.
Had 2 counter trend trades today, one close out with a reverse cross and the other is still open but doesn't look good either. Both of these have screen shots at the exact time the trade was placed and show exactly what the chart looked like at that moment. In both cases the STOCH looked just great but they both reversed after the trade was open. In these 2 cases the slope would probably not have helped, maybe lagging to much. Could monitor the slope number for a while and see if it looks like it could help. Right now the STOCH alert goes LONG if the present stoch is greater then the previous and greater than 20 and less than 80. For a SHORT it is present STOCH less than previous STOCH and greater than 20 and less than 80. So STOCH has to be trending up or down and be between 20 and 80. The first 2 screen shots are of the opens and the third one is the close, the other one is still open.

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  • #525
  • Jul 29, 2011 6:57pm Jul 29, 2011 6:57pm
[quote=crossy;4822124]Hi SELLER9,

As I look the the Static TDI trend and the Dynamic TDI trend - together (for confirmation).

Could you explain this in further detail?
  • #526
  • Jul 29, 2011 7:10pm Jul 29, 2011 7:10pm
Had a little time so I added the Broker and the Counter Trend option to change the TP to a different number of pips if a countertrend trade is entered. The other items mentioned before are also in this V10. So I will be testing next week with 2 accounts with counter trend turned on and using a different daily trend alert for each one to see if there is any difference. I have enclosed a screen shots of the 2 setups. Will see how it goes next week.

The "C" over the daily alert tells you that counter trend trading is active.

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  • #527
  • Jul 29, 2011 7:14pm Jul 29, 2011 7:14pm
Quoting seller9
Had a little time so I added the Broker and the Counter Trend option to change the TP to a different number of pips if a countertrend trade is entered. The other items mentioned before are also in this V10. So I will be testing next week with 2 accounts with counter trend turned on and using a different daily trend alert for each one to see if there is any difference. I have enclosed a screen shot of the 2 setups. Will see how it goes next week. I have one on each monitor so I just did a capture of both at once, hope you can read it.

ehhhmmm screen short missing!!
Born to rule my Economic World and Make a Difference!
  • #528
  • Jul 29, 2011 11:16pm Jul 29, 2011 11:16pm
Seller8, dude, you're simply amazing!!! Can't believe you're including all kinds of requests into this evolving EA... I've seen many EAs being developed on FF here and most of the coders were jerks, saying "well, I'll see if I have time for that, or "i don't think that's a good idea" or worse, "if you think it's a great addition, why don't you code it"
Man, you bring an unparalleled kindness and professionalism to this thread and no ego, you really inspire me/us... Thanks for all your hard work, and for putting up with us and our nonending requests...
Hope to keep you posted as to results.

PS: By the way, if anyone has time over the weekend to write a consise manual about what all the settings on the EA and DB are, that would be awesome!! I still can't figure out what "Zone multiplier" or Fractal offset does or some of the DB columns... Maybe it's just me... Please...
Thanks everyone for contributing
  • #529
  • Jul 30, 2011 12:53am Jul 30, 2011 12:53am
Quoting pippete
Seller8, dude, you're simply amazing!!! Can't believe you're including all kinds of requests into this evolving EA... I've seen many EAs being developed on FF here and most of the coders were jerks, saying "well, I'll see if I have time for that, or "i don't think that's a good idea" or worse, "if you think it's a great addition, why don't you code it"
Man, you bring an unparalleled kindness and professionalism to this thread and no ego, you really inspire me/us... Thanks for all your hard work, and for putting up with us and our nonending...
Seller9 you say you don't have no real coding experience, many on here will say otherwise. great support network and team effort. I hope we just don't get on your nerve a lot on...i can't get this...how you get that...help with this and help with that.

you are just seller!
Did you know the profiteers like their money green?
  • #530
  • Jul 30, 2011 7:11am Jul 30, 2011 7:11am
Quoting pippete
Seller8, dude, you're simply amazing!!! Can't believe you're including all kinds of requests into this evolving EA... I've seen many EAs being developed on FF here and most of the coders were jerks, saying "well, I'll see if I have time for that, or "i don't think that's a good idea" or worse, "if you think it's a great addition, why don't you code it"
Man, you bring an unparalleled kindness and professionalism to this thread and no ego, you really inspire me/us... Thanks for all your hard work, and for putting up with us and our nonending...
Thanks for the kind words. Hopefully with all of us working together we can make this EA work. Here is a preliminayr manual, nothing great, but maybe it will help you. Will add to it this week some more. It is for Version 10 so will differ a little from version 8. Look it over and see if it makes sense.
Attached File(s)
File Type: pdf TMS.pdf   1.0 MB | 1,112 downloads
  • #531
  • Jul 30, 2011 7:15am Jul 30, 2011 7:15am
Quoting Surge-my-pip
Seller9 you say you don't have no real coding experience, many on here will say otherwise. great support network and team effort. I hope we just don't get on your nerve a lot on...i can't get this...how you get that...help with this and help with that.

you are just seller!
Thanks for the support, always looking for ways to make the EA better, a lot of good ideas on this forum and the TMS forum, along with a few others at Forex Factory. Will see how the testing goes this week if this market decides to straighten out and start making sense.

Good Luck
  • #532
  • Jul 30, 2011 4:32pm Jul 30, 2011 4:32pm
[quote=seller9;4822821]
Quoting crossy
Hi SELLER9,

As I look the the Static TDI trend and the Dynamic TDI trend - together (for confirmation).

Could you explain this in further detail?
There are 2 kinds of TDI indis: The Static one (the normal Green and Red TDI) that updates at every new candle (according to the relevant TF) and the Dynamic indicator (TMS Osc), which update every tick.

Now according to the Original model (of BiG_E) he looks at specific hours range according to H4, and at apperence the new candle he dicides if to open a trade or not.

The EA has the oppotunity to open a trade every minite depends on the TF, and sometimes using 2 TF's, too. So the Dynamic TDI has an importarnt role for the decision.

For closing a trade the Dynamic TDI has a very important role, since sometime an inverse trend is becoming at the middle of the H4 candle time, so you will not wait till you will "discover" it at the begining of the new candle with the Static TDI!

I hope I was understood.

Thanks.

Y.
  • #533
  • Jul 30, 2011 7:46pm Jul 30, 2011 7:46pm
Hi Seller9 and all participants to this active thread.

Is there a test record that shows this EA,s forward performance?
Is it mature enough now tonstart use it on small live account.

ThanX
  • #534
  • Jul 31, 2011 12:07am Jul 31, 2011 12:07am
Quoting ProFXer
Hi Seller9 and all participants to this active thread.

Is there a test record that shows this EA,s forward performance?
Is it mature enough now tonstart use it on small live account.

ThanX
It's possible to go live with it, but you have to set it to your liking. Also, the settings are still to be determine. Use at your own risk. Its a solid EA but if the settings are not right then you loose on every trades. If the setting are just right, including conditions then you will win more trades then loose but atleast you will be profitable.
Did you know the profiteers like their money green?
  • #535
  • Jul 31, 2011 10:10am Jul 31, 2011 10:10am
[quote=crossy;4823492]
Quoting seller9

There are 2 kinds of TDI indis: The Static one (the normal Green and Red TDI) that updates at every new candle (according to the relevant TF) and the Dynamic indicator (TMS Osc), which update every tick.

Now according to the Original model (of BiG_E) he looks at specific hours range according to H4, and at apperence the new candle he dicides if to open a trade or not.

The EA has the oppotunity to open a trade every minite depends on the TF, and sometimes using 2 TF's, too. So the Dynamic TDI has an importarnt role for...
I see what you are saying. I had been using the static in V8, as that what BigE was using. In V10 I am testing using the Dynamic to see what happens. How would you use these two in combination? It seems if they were "AND" the static would control the entry or exit and if they were "OR" the dynamic would control it.
I can see maybe just the dynamic for the close as it would be quicker.

How are you using them in combination? As long as I am testing V10 I could change it to reflect this and see how it performs.

Thanks for the input
  • #536
  • Jul 31, 2011 2:33pm Jul 31, 2011 2:33pm
[quote=seller9;4824069]
Quoting crossy

I see what you are saying. I had been using the static in V8, as that what BigE was using. In V10 I am testing using the Dynamic to see what happens. How would you use these two in combination? It seems if they were "AND" the static would control the entry or exit and if they were "OR" the dynamic would control it.
I can see maybe just the dynamic for the close as it would be quicker.

How are you using them in combination? As long as I am testing V10 I could change it to reflect this and see how it performs.

Thanks...
Hi,

I accept your following conclusion:

I can see maybe just the dynamic for the close as it would be quicker.

and let's leave the entry as it is, origionaly.

Y.
  • #537
  • Jul 31, 2011 6:00pm Jul 31, 2011 6:00pm
When trading resume on August 1st, takes a countertrend trade as there is a 'gap'. I have read documents from experienced traders saying that when there is a gap as trading resume it will trade back to it's previous location or direction (most of the time).
Can we add a function to disable any trade on Monday morning first half an hour.
Or simply set the clock in the built in EA, my consideration is for those that might run the EA continuously unattended.
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  • #538
  • Edited 6:28pm Jul 31, 2011 6:16pm | Edited 6:28pm
OK, here is a USDCAD short trade that just kicked off with the new Version 10. It looks to be a Trending Trade as it was with the Daily TMA trend by the looks of the screen capture. Below is what it looked like at the time the Trade was sent. You may notice a few things extra on the right of the chart. I am also testing the Stochastics Slope as can be seen, I do not have it selected as a part of the alert but you can see the value was -17.79 at the time and it looked good below on the chart. Counter Trend is also active as shown under the TMA heading, but a trend trade was taken as the TMA Trend was in the same direction. SL is up at the last high fractal and I have TP at 100 pips and close trade will happen either on reverse cross of TDI or Fractal SL being hit. So lets see what happens and if the trade reverses we need to come up with something that will prevent this type of trade, maybe just sticking to London and part of New York Session would give us enough volumn to keep the trade going in the right direction.

Edit: I am also using a M5 TDI cross for better entry and H1 TDI Green below Red for confirmation. The spread sucks. ZoneMultiplyer = 10.

So this is the chart to look at and see why we should not have taken this trade so we can maybe add that to the EA.

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  • #539
  • Jul 31, 2011 6:26pm Jul 31, 2011 6:26pm
Quoting Star178
When trading resume on August 1st, takes a countertrend trade as there is a 'gap'. I have read documents from experienced traders saying that when there is a gap as trading resume it will trade back to it's previous location or direction (most of the time).
Can we add a function to disable any trade on Monday morning first half an hour.
Or simply set the clock in the built in EA, my consideration is for those that might run the EA continuously unattended.
Easy enough to add days of week and hours for those days, but lets see how the EA works out first, no use in adding a lot of bells and whistles if the EA goes the way of so many others.
Of course now with the Alert mode only it can get your attention and then you can make the trade or not. We can't make it to easy to make money.
  • #540
  • Edited 7:12pm Jul 31, 2011 6:56pm | Edited 7:12pm
Forgot to mention the first USDCAD was with the Trend with the TMA trend active. I also have everything the same on another account with the 2/8 trend active, which is showing the opposite direction and it took a counter trend trade on he same USDCAD Pair. The first try I got an invalid price. A little latter it tried again and it went through. I have the counter trend TP pips set at 7, maybe to close for the Broker, don't know. But the second time it went through.

Edit; Ignore the ADX indicator, it is part of nothing.

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