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SIMPLE EA for a simple method needed!! 2 replies

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Continuation of T101 method discussions 24 replies

My first attempt at T101's basket method... 2 replies

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Indicators development for T101's not very simple method

  • #4,241
  • Edited 4:40pm Aug 16, 2011 3:00pm | Edited 4:40pm
Giving rules all at the same time works too (and not changing them multiple times, especially since I'm one of the only coders to actually give anything here on this thread)

Obviously I "go overboard" and don't keep things simple. Sorry for my input being such a hassle. You feeling unappreciated Kos? I'm surprised after all this time you nor anyone here actually got into the code and saw anything for yourselves. Can't you all do everything? I'm expected to. If I'm a good coder, I must be a good trader. If you're a good trader, you must be a good coder, right? That's what it seems like to me. Well, I guess I'll say what everyone does to me. Good luck. Doesn't really help does it LOL?

And behold, the EA I gave about month and a half ago (June 28th is date on EA) is performing correctly for me. Just downloaded it, and it's giving me signal on EURUSD (which I already took earlier signal from it and was still in trade, except I'm on M5, looking at 60 and 240 for trend.

Go figure...

I might be crazy. Thank God! I'm in good league (Einstein for one, Tesla for another, both of whom I would be overjoyed to be in company with if I had the chance)

Anyways, fibs don't work, don't know anything of what I'm talking about, crazy person talking here, disregard retrace to .618 in pic LOL

Again, here is the dumbass you're dealing with LOL (same dumbass that is running MT4 on a Mac when others can't seem to get it to work):
http://www.linkedin.com/pub/don-isbell/39/240/ab0

Kind regards,

Don


Quoting Kosomolate
@zznbrm

Please, I beg you, in case you select to do it for us, keep it very very simple, I like simple things because they work.

thanks

kos
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  • #4,242
  • Aug 16, 2011 3:05pm Aug 16, 2011 3:05pm
KOS,

What program do you use to trail the basket?
  • #4,243
  • Aug 16, 2011 3:10pm Aug 16, 2011 3:10pm
Quoting panamamike
KOS,

What program do you use to trail the basket?
the same accountprotectEA that has been posted here many times, use the search box or the attachment link to look for it. cos I have changed the figures in mine to fit the way I do it.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,244
  • Aug 16, 2011 5:27pm Aug 16, 2011 5:27pm
Hi there

I've been testing Kos sys lately,and I think it's a VERY good add-on for Basket trading .
What makes me argue is the Risk:Reward ratio issue...

Please Kos could you elaborate more about the argument?

I've read some of your posts and I know about your StopLoss ,Money Management and Lot Size ,but we need a very high Hit ratio to be profitable with this method.

What is your R:R ?

BTW,below you can find one of my first attempt with Kos sys,a buy trade

Signal Time Frame M15
TrendTimeFrame 4H and 1H HA
entered on a nice pullback from the 4H HA
158 pips banked with MPTM EA ,my SL was -560 pips,max DD -110 pips

You can notice a strong resistance level a few pips above my exit (red vertical line)and a nice RSI and AO divergence just before my entry (green vertical line)
hope it helps

http://img10.imageshack.us/img10/6086/basketm15h4.gif
Account deleted
  • #4,245
  • Aug 16, 2011 6:05pm Aug 16, 2011 6:05pm
Nice trade swissforex!

Kind regards,

Don


Quoting swissforex
Hi there

I've been testing Kos sys lately,and I think it's a VERY good add-on for Basket trading .
What makes me argue is the Risk:Reward ratio issue...

Please Kos could you elaborate more about the argument?

I've read some of your posts and I know about your StopLoss ,Money Management and Lot Size ,but we need a very high Hit ratio to be profitable with this method.

What is your R:R ?

BTW,below you can find one of my first attempt with Kos sys,a buy trade

Signal Time Frame M15
TrendTimeFrame 4H and 1H HA
entered on...
  • #4,246
  • Edited 9:07pm Aug 16, 2011 6:26pm | Edited 9:07pm
1 MY EA ENTERS ON PULLBACK INTO AND THEN BACK OUT OF HASMTF. I know I shouldn't have to yell, but who likes being ignored? I imagine not a soul here.

"2 Price stalls on its way and starts a comeback, then I am interested and when it is xx pips around HASmtf I pull the trigger."

xx pips above HAS? below HAS? on it's way would mean above before it touches HAS. make up your mind Kos. Either have it touch HASmtf or not before entering.

You say you are "Here to prove a point...". What point would that be? That you are too proud to admit when you are wrong, give incomplete instructions yet want perfection?

Anybody can spout off "systems", I've build hundreds of unprofitable systems for people just like you, and you want MY patience?

Or are you here to prove not only are you too prideful to admit error, or is the point also that you are trying to prove is that you can dis me and I'll still code for you? That you and others like you who spout "systems" off before anyone can code it, and you've already got a change, have the upper hand? Are you and others like you happy to run me crazy coding, since you've run off others with your changes? To proud to ask me for help?

If I can't get respect here, why should I stay?

Kind regards,

Don

BTW:

Start time:
6:08 PM

Removed "Support = BotSem2;", "Support = BotSem1;", "Resistance = TopSem2;", and "Resistance = TopSem1;".

End time:
6:10 Pm

Time taken: 2 minutes.

Result: Uses only Semafor 3 for stoploss and not just any Semafor, so now stoploss is not so tight.

It's not about how long it takes, it's about respect. I didn't have to post this. I was wrong the way I treated Robert, and am being treated the same way. I guess what goes around comes around.

You know what Kos, I say forget your method. I can make pips with only MACD, using last Semafor 3 as stoploss, only trading with trend (determined by 0 line), trading on open candle, making one trade per candle. See? That's a strategy, and it has everything needed in one pop. Anyways, goodbye. I hope you the best in whatever you do.

Kind regards,

Don


Quoting Kosomolate
the same accountprotectEA that has been posted here many times, use the search box or the attachment link to look for it. cos I have changed the figures in mine to fit the way I do it.

kos
  • #4,247
  • Aug 17, 2011 7:52am Aug 17, 2011 7:52am
swissforex,
Are you saying you got the MPTM EA to work? Was it on the offline or the base chart? Did it take you out completly?


Quoting swissforex
Hi there

I've been testing Kos sys lately,and I think it's a VERY good add-on for Basket trading .
What makes me argue is the Risk:Reward ratio issue...

Please Kos could you elaborate more about the argument?

I've read some of your posts and I know about your StopLoss ,Money Management and Lot Size ,but we need a very high Hit ratio to be profitable with this method.

What is your R:R ?

BTW,below you can find one of my first attempt with Kos sys,a buy trade

Signal Time Frame M15
TrendTimeFrame 4H and 1H HA
entered on a nice pullback...
  • #4,248
  • Aug 17, 2011 8:35am Aug 17, 2011 8:35am
DC
did you ever get MPTA Ea to work??
  • #4,249
  • Aug 17, 2011 9:16am Aug 17, 2011 9:16am
Quoting Traderduke
DC
did you ever get MPTA Ea to work??
Set up MPTM to trade by magic number. The magic number of the scripts is 71946723. Then set manage basket trades to true and then set it to manage the baskets as you wish.
  • #4,250
  • Aug 17, 2011 9:31am Aug 17, 2011 9:31am
Quoting Traderduke
DC
did you ever get MPTA Ea to work??
http://www.forexfactory.com/showthre...73#post4808473

Look here
  • #4,251
  • Edited 10:20am Aug 17, 2011 9:59am | Edited 10:20am
DC,
My offline chart doesn't show the entry position, it only shows on the GJ regular chart. THE ea WHEN LOADED ON THE OFFLINE CHART JUST SITS THERE AND SMILES AT ME. I followed the instructions see MPTM chart.

1. THE 1m chart is the 101t no entries in the offline so EA won't work??
2. On the other hand the RENKO offline shows the entry so the an EA will work.

What am I missing??

Do you load the EA on the offline chart and does it show the position??





Quoting dryclean
http://www.forexfactory.com/showthre...73#post4808473

Look here
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  • #4,252
  • Aug 17, 2011 10:35am Aug 17, 2011 10:35am
Quoting Traderduke
swissforex,
Are you saying you got the MPTM EA to work? Was it on the offline or the base chart? Did it take you out completly?
Hi there
Please remember MPTM by Steve H is just a trade management EA
you must apply MPTM on a normal chart(I use USDJPY)
usually I use scripts for all of my entries,I've built customized scripts for 8 pairs basket,14 pairs,Jpy pairs and so on
each script have a customized "Comment" and when you type that comment into the proper input field MPTM can take care of the trade

is that simple

About ExpertAdvisors workin' on Offline charts,I know it can be done,and I'd be really interested in a Kosomolate sys EA for trading basket, BUT PLEASE ask to DON for that,he is the Coder-Master here,and he is a very good person

I've backtested Don' EA TheLordsEA062811 on a normal pair EURUSD without success,but I'm sure Don EA is good,maybe it's just me

BTW, below you can see a nice trade setup
too bad I was not in front of the screen (I've got to work for a living )

my Broker is IBFX GMT +0
timeframe M15 Basket 14 pairs
you can notice the nice pullback from H4 Heiken Ashi
potential entry at the yellow vertical line,take a look at the RSI crossing 50 lev,it's a nice filter !!!!
previous green and red vertical lines are for my yesterday trade posted above

thank you KOS for the sys

hope it helps

http://img26.imageshack.us/img26/8047/kos2.gif
Account deleted
  • #4,253
  • Edited 6:11pm Aug 17, 2011 11:15am | Edited 6:11pm
swissforex,
Thanks a lot, I was missing the regular chart & in this case the magic number connection but both together.

Thanks Again

PS: I am a RSI follow. This is One of my many. See attached

Quoting swissforex
Hi there
Please remember MPTM by Steve H is just a trade management EA
you must apply MPTM on a normal chart(I use USDJPY)
usually I use scripts for all of my entries,I've built customized scripts for 8 pairs basket,14 pairs,Jpy pairs and so on
each script have a customized "Comment" and when you type that comment into the proper input field MPTM can take care of the trade

is that simple

About ExpertAdvisors workin' on Offline charts,I know it can be done,and I'd be really interested in a Kosomolate sys EA for trading basket, BUT PLEASE ask...
Attached File(s)
File Type: mq4 RK-Special_Rsi_arrows_alerts & mtf.mq4   9 KB | 523 downloads
  • #4,254
  • Aug 17, 2011 11:43am Aug 17, 2011 11:43am
Don, please take it easy.

as Kos mentioned, your EA is not exactly trading in his way. if you want, you can find out the cause and update it. Or just skip this project, don't push yourself so hard.

Quoting disbellj
You know what Kos, I say forget your method. I can make pips with only MACD, using last Semafor 3 as stoploss, only trading with trend (determined by 0 line), trading on open candle, making one trade per candle. See? That's a strategy, and it has everything needed in one pop. Anyways, goodbye. I hope you the best in whatever you do.

Kind regards,

Don
  • #4,255
  • Aug 17, 2011 11:55am Aug 17, 2011 11:55am
Kos, there is a little point that might need clarification.

it is about the point 2: the comeback.

it is not easy to code "comeback".

an example, for this case: price drops thru HAS, then comeback to xx pips of HAS.

now a coder needs to know:

1. how much lower (in pips) should the price drop below the HAS, and how many pips to retrace up may be counted as a comeback?

say, pass HAS 10 pips, then comeback 5 pips, may not show a strong momentum as a "comeback". but pass HAS 100 pips, then comeback 80 pips, that may be a good entry.

2. how long does the comeback usually take?

say, for you 1m/15m, a comeback happened in 5 bars, it may be good. but what about a comeback happened in 20 bars? still good? by that time, price action/pattern may be quite different

this is only what i think about when i try to fit your idea into some coding work. the true programmers like ZZ or Robert might need (or not) some other details on numbers.

Hey, Kos, what do you think about 4H/1D timeframe? that way, you don't have to sit by ur computer all day, and still can play your sharp price-reading skill manually, and enjoy the much larger profit potential.

I let some baskets run on demo, 0.02 lot, one basket can often bring in 500~1000$ floating profit/loss in one day movement for last two weeks. That's why I ask.

Quoting Kosomolate
@ zznbrm

this is how I do it:

1 price speed pass HASmtf, I say ok, a trade is coming up and I keep watching for price to come back to HASmtf again. cos I hate DD.
2 Price stalls on its way and starts a comeback, then I am interested and when it is xx pips around HASmtf I pull the trigger.
3 If HASmtf is RED I short the basket(14 universal pairs)
4 If HASmtf is BLUE I long the basket (14 universal pairs)
5 if it doesn't come back I simply let it go away, there would be another time
......
kos
  • #4,256
  • Aug 17, 2011 12:11pm Aug 17, 2011 12:11pm
Hi Dryclean!

this is in response to the PM

the first picture is an example of what would have been a loss but I was protected, You need to be conscious of the fact that we are on lower TF and we need quick action to survive the speed in the TF, especially in the area of breaking even. I still do 0.01 up till now and once I see 20USD I BE and from there price can go to hell. That was my saving grace this morning. I BE with the script of course, I have not left the PC when the trades all disappeared. Baamm!! whipshaw

the BLUE box in the 1/15 was my entry point, compare it with the 15/240
then you'll ask why didnt I take the pullback on the GREEN box inside the RED box on 1/15? It is against the 15/240 trend but that not withstanding, it would have been a counter trend trade but if you look at the RED box in the 15/240 you will see that it is was too close to 240 HAS and could bounce up which it really did.

Then the waiting game again till the BLUE box in the 15/240 and which is represented in the 1/15 TF, the entry point again is the small BLUE box inside the big BLUE box, and even if we had sustained any injury in the 1st buy the second one would have made up and add something to our profit.
and by the way I think your SL of 120 is small, if the 14 pairs decide to go astray just 10 pips each you are out.

that is how simple I can explain it and I hope it makes sense.

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,257
  • Aug 17, 2011 12:35pm Aug 17, 2011 12:35pm
Quoting charvo
now a coder needs to know:

1. how much lower (in pips) should the price drop below the HAS, and how many pips to retrace up may be counted as a comeback?

2. how long does the comeback usually take?

this is only what i think about when i try to fit your idea into some coding work.
Yes charvo, you are absolutely correct. To automate this strategy, all aspects of the strategy need to be quantified.
  • #4,258
  • Aug 17, 2011 2:32pm Aug 17, 2011 2:32pm
Quoting charvo
Don, please take it easy.

as Kos mentioned, your EA is not exactly trading in his way. if you want, you can find out the cause and update it. Or just skip this project, don't push yourself so hard.
Guys,

It takes about a year before an EA to test before it become workable. I have been following Steve Hopewood's numerous EA. There were a handfull of followers contributing together and mind you it takes months before an EA can be traded live (mind you he is coding 1 EA/week to share). Some were abandoned as it turned out the project was not feasible and moved on.

What I admire about this guy is that he loves to give. Although he is a coder, he admit that he could not be in that position without the numerous people giving him advises that evolved in him an experienced coder over time. I don't know if he is a Believer as he never mentioned anything about "Him" in his post, but I see something about my "Lord" manifested in his sharing to others.

I am a little bit annoyed what is going on in this forum. In a moment you fell the Spirit is moving and a little while the Adversary is on the offensive mode.

God Bless,

Edd
  • #4,259
  • Aug 17, 2011 2:57pm Aug 17, 2011 2:57pm
Quoting charvo
Kos, there is a little point that might need clarification.
it is about the point 2: the comeback.
it is not easy to code "comeback".
sure I know its not easy. I 've seen many ppl attempted it with little success, I just thought we may use an MA to follow price and measure the distance between it and HAS

Quoting charvo
1. how much lower (in pips) should the price drop below the HAS, and how many pips to retrace up may be counted as a comeback?

say, pass HAS 10 pips, then comeback 5 pips, may not show a strong momentum as a "comeback". but pass HAS 100 pips, then comeback 80 pips, that may be a good entry.

2. how long does the comeback usually take?

say, for you 1m/15m, a comeback happened in 5 bars, it may be good. but what about a comeback happened in 20 bars? still good? by that time, price action/pattern may be quite different
it varies, I have tried using the number of bars but its not constant that is why I use xxx pips as extern variable that individual trader may input what he is comfortable with.

Quoting charvo
Hey, Kos, what do you think about 4H/1D timeframe? that way, you don't have to sit by ur computer all day, and still can play your sharp price-reading skill manually, and enjoy the much larger profit potential.

I let some baskets run on demo, 0.02 lot, one basket can often bring in 500~1000$ floating profit/loss in one day movement for last two weeks. That's why I ask.
Yes I think that would be very good, looking at 1min is not very easy, the large TF would be less trades but when you catch one good trend it may last for a whole week or more. But the truth is that one needs a very deep pocket to withstand the DD in higher TF

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,260
  • Aug 17, 2011 3:03pm Aug 17, 2011 3:03pm
Fellow Bloggers,
I'm new to this blog & BTS, so My opening thought is that there is a lot of emotion running through this thread. I'm almost afraid to ask if we can get back to building a better mouse trap(EA). If I offended or interrupted anyone I apoligize.

I have been testing and trying several EA ideas to stay in High profit & low DD. I have a indicator that is simple & forgiving(lots of room to operate). I'll attach it to a couple charts to show what I mean. I believe it could be the answer if put in the right EA structure. I have been using on the 1m chart and normally I would think thats to choopy but a picture is worth a 1000 words. It has a "diff" criteria that can keep you out of channeling to an extent. The exit would need some work.

I'm trying to load it into an EA as we speak.

Load it onto some of your charts and let me know!

a Big Thanks to those of you who have helped me into the BTS world.
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File Type: mq4 RK-Heatmap-MAwAl-tr-aw-dif.mq4   9 KB | 554 downloads
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