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Trading Made Simple EA by Guess Whom

  • #1,221
  • Sep 23, 2011 5:19am Sep 23, 2011 5:19am
Quoting cashforex
Hi Everyone,

i have downloaded the TMS ver 15 from post 78 seller9's post and have uploaded to my charts and have the smiley face on the right hand corner and the EA has not started to trade as yet im in Australia 10+GMT time frame and i have set the criminlaEC=true

can someone please help me

cashforex
Lights Red and Robot took Trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-25_0516.png Size: 127 KB
  • #1,222
  • Sep 23, 2011 6:26am Sep 23, 2011 6:26am
i would like to test the trading signals of candle close above/below ema5 with version 15 of this bot. i turned off tdi and slope, only set Use5ema, UseCandleClose and UseCandleDirection to true.

now the 5min trend changes, the candle closes below the ema, but the bot doesn't take any trade. the signal on the right side for candle direction stands on "yellow".

does anyone know, what i have to change in the settings, so that this works?


edit: when i turn off candle direction, the bot opens trades, but always in the wrong direction...????
Attached Image (click to enlarge)
Click to Enlarge Name: tms_m5_gbpusd_ema.jpg Size: 98 KB
  • #1,223
  • Sep 23, 2011 9:57am Sep 23, 2011 9:57am
now the bot open trades, but everytime much too late, when the trend starts to turn around. see screenshot. settings attached. anyone an idea?
Attached Image (click to enlarge)
Click to Enlarge Name: tms_ema5.png Size: 21 KB
Attached File(s)
File Type: txt tms_v15_m5_ema.set.txt   2 KB | 258 downloads
  • #1,224
  • Sep 23, 2011 11:22am Sep 23, 2011 11:22am
Hello everyone,

this so fantastic money management!!!

Lisen: Write into exel file 10 trades + 30 pips and 10 trades - 30 pips>>>

guess what ??? We will be in profit !!!!

We need this integrate into this ea!!!

And if we have 50 % win ratio it will be profitable!!!

I know that our ratio is more than 50 %!!!

Seller 9 please check this amazing money management!

Together we are pips!
Attached File(s)
File Type: xls DDSMM-v1.4.xls   874 KB | 426 downloads
  • #1,225
  • Sep 23, 2011 11:22am Sep 23, 2011 11:22am
Congratulations to everyone who was/is envolved to this piece of work!

Anyone still trading live?

Cheers
  • #1,226
  • Sep 23, 2011 9:47pm Sep 23, 2011 9:47pm
Quoting snowyHH
i would like to test the trading signals of candle close above/below ema5 with version 15 of this bot. i turned off tdi and slope, only set Use5ema, UseCandleClose and UseCandleDirection to true.

now the 5min trend changes, the candle closes below the ema, but the bot doesn't take any trade. the signal on the right side for candle direction stands on "yellow".

does anyone know, what i have to change in the settings, so that this works?

edit: when i turn off candle direction, the bot opens trades, but always in the wrong direction...????
You have the wrong chart setup, the EA is trading on the 15 Min, look at the 15 min Chart not the 5 min like you have in your screenshot.
Don't forget Practice + Patience + Persistence = Profits
  • #1,227
  • Sep 24, 2011 2:01am Sep 24, 2011 2:01am
Quoting maxzeus
You have the wrong chart setup, the EA is trading on the 15 Min, look at the 15 min Chart not the 5 min like you have in your screenshot.
Hi Maxzeus,

This is the same thing i want to do.i.e .Trade only on condition when candle open or close above or below 5 ema..mine is set to H! for trades.but it is doing the same thing as SNOWY as reported.

Can you kindly assist on what the setting we need to make.

Thanks.
It Is Well With My Soul..(Amen)
  • #1,228
  • Sep 24, 2011 2:58am Sep 24, 2011 2:58am
Quoting maxzeus
You have the wrong chart setup, the EA is trading on the 15 Min, look at the 15 min Chart not the 5 min like you have in your screenshot.
oh yes, i messed up something with my settings. too much testing with too much charts and mt4 instances... got confused. i changed it and will test again next week.

thanks for the advice!
  • #1,229
  • Sep 24, 2011 3:13pm Sep 24, 2011 3:13pm
Quoting snowyHH
i would like to test the trading signals of candle close above/below ema5 with version 15 of this bot. i turned off tdi and slope, only set Use5ema, UseCandleClose and UseCandleDirection to true.

now the 5min trend changes, the candle closes below the ema, but the bot doesn't take any trade. the signal on the right side for candle direction stands on "yellow".

does anyone know, what i have to change in the settings, so that this works?


edit: when i turn off candle direction, the bot opens trades, but always in the wrong direction...????...
If you are only going to use the 5ema close to trigger a trade you need to tell the Robot which direction you want to trade by setting "TradeLong" or "TradeShort" to true or false. Otherwise the trade will trigger on a close above or a close below the 5ema, which ever comes first.
  • #1,230
  • Sep 24, 2011 3:20pm Sep 24, 2011 3:20pm
Quoting seller9
If you are only going to use the 5ema close to trigger a trade you need to tell the Robot which direction you want to trade by setting "TradeLong" or "TradeShort" to true or false. Otherwise the trade will trigger on a close above or a close below the 5ema, which ever comes first.
i've set long and short, both to "true". i thought the bot knows in which direction to trade. if the candle closes above, then long and if below, then short. also i thought the bot checks, if it's a blue or red candle.

i was wrong with that?

i'll try with only one direction set to true on monday..
  • #1,231
  • Sep 24, 2011 5:46pm Sep 24, 2011 5:46pm
Quoting seller9
If you are only going to use the 5ema close to trigger a trade you need to tell the Robot which direction you want to trade by setting "TradeLong" or "TradeShort" to true or false. Otherwise the trade will trigger on a close above or a close below the 5ema, which ever comes first.

Hi Seller9,

I set the "TradeLong" and "TradeShort" to true... but the robot doesn't take all the trade and if or when it takes a trade it takes it at the Close of the candle above or below the 5 ema instead of at the Open of the candle.

How do we correct this.

Thanks.
It Is Well With My Soul..(Amen)
  • #1,232
  • Sep 24, 2011 6:29pm Sep 24, 2011 6:29pm
Quoting seller9
If you are only going to use the 5ema close to trigger a trade you need to tell the Robot which direction you want to trade by setting "TradeLong" or "TradeShort" to true or false. Otherwise the trade will trigger on a close above or a close below the 5ema, which ever comes first.
Seller, could you please tell us what you think about the
MaxWins
MaxLosses
MaxTrades

per session settings?

Would you make this final adjustment to the EA? I think this is really worth it

Pbh
  • #1,233
  • Sep 24, 2011 7:16pm Sep 24, 2011 7:16pm
It looks like the bad trades I am seeing could be resolved using the Zone setting. Selling when the price is already a way below the center line, or buying when it is already above the center line is clearly less likely to produce a successful result.

For the coming week, I am using Star178's templates with the following changes:

 

  1. Look at H4 TMA for trend instead of H1.
  2. Zone is set for True with minimum level 20.
  3. Breakeven 20 with breakeven pips 5.

I expect quite a few less trades. Perhaps 1 per day instead of 4 on my 7 pairs, but with a greater success rate, as well as fewer good trades turning bad.

Cheers

Invisible

  • #1,234
  • Sep 24, 2011 7:46pm Sep 24, 2011 7:46pm
Quoting babasemi
Hi Seller9,

I set the "TradeLong" and "TradeShort" to true... but the robot doesn't take all the trade and if or when it takes a trade it takes it at the Close of the candle above or below the 5 ema instead of at the Open of the candle.

How do we correct this.

Thanks.
Hi seller9
When I put the trendline's on the chart I have no trigger below/above the trendline close ,I set everithing to false on the EA.
Only Gold and silver
  • #1,235
  • Sep 24, 2011 7:54pm Sep 24, 2011 7:54pm
I try 4 diverend setting next week on 15min charts.
Only Gold and silver
  • #1,236
  • Sep 25, 2011 5:43am Sep 25, 2011 5:43am
Trying different ways on trading

Great tool !!!

one click and order is done, with stop loss and Take profits

Enjoy

and it's free!

http://www.toolsfortradingtheforex.com/download.html
Attached Image (click to enlarge)
Click to Enlarge Name: trading.gif Size: 69 KB
  • #1,237
  • Sep 25, 2011 6:54am Sep 25, 2011 6:54am
Quoting Pbh
Seller, could you please tell us what you think about the
MaxWins
MaxLosses
MaxTrades

per session settings?

Would you make this final adjustment to the EA? I think this is really worth it

Pbh
This is not nessesery!
  • #1,238
  • Sep 25, 2011 10:44am Sep 25, 2011 10:44am
X58 Good evening, tonight when I try to reopen the market to practice your help, before I had time, I hope well, finally. A cordial greeting
  • #1,239
  • Sep 25, 2011 11:43am Sep 25, 2011 11:43am
Quoting babasemi
Hi Seller9,

I set the "TradeLong" and "TradeShort" to true... but the robot doesn't take all the trade and if or when it takes a trade it takes it at the Close of the candle above or below the 5 ema instead of at the Open of the candle.

How do we correct this.

Thanks.
Thats the way it is designed, the candle must close above or below, no way to change it at this time. Maybe in the next release I will add Price Action above or below for trigger.
  • #1,240
  • Sep 25, 2011 12:31pm Sep 25, 2011 12:31pm
Quoting seller9
Thats the way it is designed, the candle must close above or below, no way to change it at this time. Maybe in the next release I will add Price Action above or below for trigger.

Thanks for your reply.

I shall wait for that release,because that system/style will go with the original Dean Malone method where new open candles above or below the 5 ema is the key..and a bit with the TMS method.

Look forward to that version.

Thanks once again.

Stay blessed.
It Is Well With My Soul..(Amen)
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