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Trading Made Simple EA by Guess Whom

  • #1,021
  • Sep 14, 2011 6:24pm Sep 14, 2011 6:24pm
Quoting seller9
I am running Star178's M15, H1, and H4 templates on 12 Pairs.

Two nice trades that closed for profit when TP was hit (eruaud and audusd). These were on the M15 template of Star178. The only thing I may change on the M15 template is set the TPmuliplier to zero so the trade will run untill closed by the TDI reverse cross and see what happens. Both of these are still going, so looks like a reverse cross could have gained more pips. Also still have two others open on the M15, (gbpusd and usdjpy). The first one is positive and the second one is down...
ok now i did a new setup using stars set files

i have a total of 10 currencies using v14 with 5 on the 60min (H1) & 5 on the 15 min TimeFrames (one is XAGUSD)

i only changed what seller9 mentionned and i put the TPmultiplier to -0- and left the TDIcloseonCross to TRUE to let it take care of the closing trades. also im not using the Dashboard and i set my criminal to False.

- but just a few questons Seller9, did you change the sessions to trade ? you said before you traded only London & 1st part of the US sessions or did you leave stars trading sessions the same ?

- also just to make sure when you say above "untill closed by the TDI reverse cross" this is the setting "TDIcloseonCross" to TRUE that is doiing his job as you mention if im not mistaken ?

Thanks

keep up the good work SELLER9 and thanks STAR178 for sharing your settings
Don't forget Practice + Patience + Persistence = Profits
  • #1,022
  • Sep 14, 2011 7:51pm Sep 14, 2011 7:51pm
Quoting seller9
TMS Version 15 this comming weekend will have the following added.

1) Turn off TDI cross
2) Turn off TDI slope
These two should make it like a manual system using just the trend lines if you want.
3) Added alert panel offset so the top right corner is not quite as congested when you use your template with the Pair and Price in that corner, just improves the looks.
Seller9. First of all, I think we are not giving the new versions enough time to flower.

And second, an option to turn off TDI cross and TDI slope would take the magic out of the system.

It might be optional, but I thought the strategy's most important indicator was the TDI.

"These two should make it like a manual system using just the trend lines if you want". Like a breakout system?...

Please correct me If I'm wrong.

I'm just trying to help

PBh
  • #1,023
  • Sep 14, 2011 8:05pm Sep 14, 2011 8:05pm
Quoting Pbh
Seller9. First of all, I think we are not giving the new versions enough time to flower.

And second, an option to turn off TDI cross and TDI slope would take the magic out of the system.

It might be optional, but I thought the strategy's most important indicator was the TDI.

"These two should make it like a manual system using just the trend lines if you want". Like a breakout system?...

Please correct me If I'm wrong.

I'm just trying to help

PBh
Yes this will make it like a manual system like one of the users wanted. It is optionable so you don't have to turn them off. I guess we are just trying to make a "Jack of all trades" EA.

These will be the last changes for a while untill we get it to "flower".
  • #1,024
  • Sep 14, 2011 8:11pm Sep 14, 2011 8:11pm
Quoting maxzeus
ok now i did a new setup using stars set files

i have a total of 10 currencies using v14 with 5 on the 60min (H1) & 5 on the 15 min TimeFrames (one is XAGUSD)

i only changed what seller9 mentionned and i put the TPmultiplier to -0- and left the TDIcloseonCross to TRUE to let it take care of the closing trades. also im not using the Dashboard and i set my criminal to False.

- but just a few questons Seller9, did you change the sessions to trade ? you said before you traded only London & 1st part of the US sessions or did you leave stars...
The previous post with the winners was with stars sessions. But now I am trying it on a live penney account and it took a couple bad trades so I am putting it back to the London and first part of the NY session on the M15.
I am also going to use the close on reverse TDI cross and leave the TP at zero and stop loss at 40 for safety if I lose my connection.

Yes "TDICloseONcross==true"
TakeProfit = 0
TPmultiplier = 0
StopLoss = 40

This should let it run untill the reverse TDI closes it.
  • #1,025
  • Sep 14, 2011 8:51pm Sep 14, 2011 8:51pm
Quoting 2scoops
Guys are you worried about R:R I notice alot of 20 pip winners with 30-40 pip SL's. Or do you find that the close on cross gets us well out before the SL is hit?
I agree with you that Risk to Reward is a factor of consideration.

As this is an EA, so the sum of winning against losses (over a specific period) can be another way to consider the effectiveness or efficiency of the EA.

So we are here to 'fine tune' the EA to give it's maximum productivity.
  • #1,026
  • Sep 14, 2011 9:18pm Sep 14, 2011 9:18pm
M15 just TP on AUDJPY
Attached Image (click to enlarge)
Click to Enlarge Name: 09-15 AUDJPY M15 TP.jpg Size: 125 KB
  • #1,027
  • Sep 14, 2011 9:35pm Sep 14, 2011 9:35pm
EA touches TP and exit on TDI reverse cross.
Have a small profit.
Attached Image (click to enlarge)
Click to Enlarge Name: 09-15 CADJPY M15 RX.jpg Size: 129 KB
  • #1,028
  • Sep 14, 2011 9:52pm Sep 14, 2011 9:52pm
Good News.

EA places trade on second candle, as compared to the charts earlier, which is on the 3rd.

Need further confirmations.
Attached Image (click to enlarge)
Click to Enlarge Name: 09-15 EURUSDCHF M15.jpg Size: 223 KB
  • #1,029
  • Sep 14, 2011 10:26pm Sep 14, 2011 10:26pm
Quoting seller9
Yes this will make it like a manual system like one of the users wanted. It is optionable so you don't have to turn them off. I guess we are just trying to make a "Jack of all trades" EA.

These will be the last changes for a while untill we get it to "flower".
I like that answer
  • #1,030
  • Sep 14, 2011 10:54pm Sep 14, 2011 10:54pm
Quoting seller9
The previous post with the winners was with stars sessions. But now I am trying it on a live penney account and it took a couple bad trades so I am putting it back to the London and first part of the NY session on the M15.
I am also going to use the close on reverse TDI cross and leave the TP at zero and stop loss at 40 for safety if I lose my connection.

Yes "TDICloseONcross==true"
TakeProfit = 0
TPmultiplier = 0
StopLoss = 40

This should let it run untill the reverse TDI closes it.
Hi Seller, does it mean the useDynamicTDIcrossClose will have to be set to FALSE if TDICloseONcross is set to TRUE ? i'm also using Star's 15m template on EU. Thanks in advance.
You gotta know when to hold 'em, know when to fold 'em ...
  • #1,031
  • Sep 14, 2011 10:58pm Sep 14, 2011 10:58pm
Quoting Star178
Good News.

EA places trade on second candle, as compared to the charts earlier, which is on the 3rd.

Need further confirmations.
Hi Star, what did u tweak to make it trade on 2nd candle instead of 3rd ? Thanks in advance.
You gotta know when to hold 'em, know when to fold 'em ...
  • #1,032
  • Sep 14, 2011 11:01pm Sep 14, 2011 11:01pm
Quoting nitrate73
Hi Seller, does it mean the useDynamicTDIcrossClose will have to be set to FALSE if TDICloseONcross is set to TRUE ? i'm also using Star's 15m template on EU. Thanks in advance.
No, leave that as true to get the fastest responce on TDI reverse cross as it doeas not wait for the candle to close. If you set it to false it will use the static cross which waits for the candle to close making it much slower to respond to a close.
  • #1,033
  • Sep 14, 2011 11:06pm Sep 14, 2011 11:06pm
Quoting seller9
No, leave that as true to get the fastest responce on TDI reverse cross as it doeas not wait for the candle to close. If you set it to false it will use the static cross which waits for the candle to close making it much slower to respond to a close.
Ok thanks Seller for the heads up ! .. much appreciated !
You gotta know when to hold 'em, know when to fold 'em ...
  • #1,034
  • Sep 15, 2011 12:04am Sep 15, 2011 12:04am
BAD news is enter a trade early has it's risk: false signals.
Attached Image (click to enlarge)
Click to Enlarge Name: 09-15 EURUSDCHF M15 R.jpg Size: 207 KB
  • #1,035
  • Sep 15, 2011 12:12am Sep 15, 2011 12:12am
Any idea why this trade did not close on this reverse tdi cross? Im using Star178's m15 set file.
Attached Image (click to enlarge)
Click to Enlarge Name: GU short m15.jpg Size: 125 KB
  • #1,036
  • Sep 15, 2011 1:21am Sep 15, 2011 1:21am
Quoting seller9
In the next version I will give the option to turn off the TDI Cross and Slope, then you can turn on the trend line and use just that to trigger a trade. I have another EA that is just the trend lines and it worked good for break out from channels or candle patterns or just breaking through a trend line or support or resistance.
After you finished this project and you have the time I would like you to look into and 'improve' on an existing EA. The beauty of this EA is that you need only ONE chart on the MT4 and theoritally it can places trade on any, if not all 28 currency pairs, if their conditions are right.
  • #1,037
  • Sep 15, 2011 1:34am Sep 15, 2011 1:34am
Quoting crobbins
Any idea why this trade did not close on this reverse tdi cross? Im using Star178's m15 set file.
On many previous occasions the trade had been stopped by this Reverse Cross at the initial stage and later seeing that the PA move back in our favour, so on that template, I have it disable.

User can enable it, or reduce the SL.
  • #1,038
  • Sep 15, 2011 1:52am Sep 15, 2011 1:52am
i think in version 14 using stars template the sl and tp needs to be improved and a trail sl should be put in place to avoid a winning trade going in loss .

regards

unimak
  • #1,039
  • Sep 15, 2011 2:00am Sep 15, 2011 2:00am
Quoting Star178
On many previous occasions the trade had been stopped by this Reverse Cross at the initial stage and later seeing that the PA move back in our favour, so on that template, I have it disable.

User can enable it, or reduce the SL.
Ok thanks...I only saw the UseDynamicTDIcrossClose set to true...I didnt notice the TdiCloseOncross had been set to false

Regards,
crobbins
  • #1,040
  • Edited 5:10am Sep 15, 2011 2:55am | Edited 5:10am
Quoting crobbins
Any idea why this trade did not close on this reverse tdi cross? Im using Star178's m15 set file.
Here you will understand why I disable ExitONcross. edit: TDICloseONcross
Attached Image (click to enlarge)
Click to Enlarge Name: 09-15 EURUSD M15 TP.jpg Size: 121 KB
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