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Alex: another scalping auto-trader by SteveHopwood

  • #21
  • Sep 27, 2011 12:31pm Sep 27, 2011 12:31pm
Quoting acostafulano
Done. Fresh demo with this to see what happened
im playing with the macd0 stuff - need a smoke break and some dinner im sure SH will be in soon.
  • #22
  • Sep 27, 2011 12:39pm Sep 27, 2011 12:39pm
Quoting SteveHopwood
SERIOUS WARNING
[list][*]Most Forex traders lose all their money.[*]Using the robot posted here in trading Forex does not guarantee success.[*]Trading this robot could lead to serious financial loss.[*]Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.[*][color=#000000]This...
How do you feel about the ugly repainting issue of this indicator?
  • #23
  • Sep 27, 2011 12:42pm Sep 27, 2011 12:42pm
I did this and got a long trade right off the bat after two days of short trades.....UseMacd=false;
Hope this is a hint

whip

P.S. EDIT====Bot took both trades and they were winners
  • #24
  • Sep 27, 2011 12:54pm Sep 27, 2011 12:54pm
Steve,

GetMacd(int timeframe, int fast_ema_period, int slow_ema_period, int signal_period, int applied_price, int mode, int shift)

GetMacd(14, 5, 8, 9, PRICE_CLOSE, MODE_SIGNAL, 1);

Shouldn't this be 5

Cheers

Pat
  • #25
  • Sep 27, 2011 1:04pm Sep 27, 2011 1:04pm
Quoting acostafulano
Done. Fresh demo with this to see what happened

Hello Acostafulano

I have the same problem how have you fixed?

Thanks,
Yoenes
  • #26
  • Sep 27, 2011 1:11pm Sep 27, 2011 1:11pm
I changed Use Macd to = false but I keep getting only BUYS. No sense at all!
  • #27
  • Sep 27, 2011 1:15pm Sep 27, 2011 1:15pm
Quoting acostafulano
I changed Use Macd to = false but I keep getting only BUYS. No sense at all!
its a problem with the macdtrend - its the signal - i am playing with it as you might notice its always 0

//MACD signal line
MacdVal = GetMacd(14, 5, 8, 9, PRICE_CLOSE, MODE_SIGNAL, 1);
MacdTrend = down;
if (MacdVal > 0) MacdTrend = up;
  • #28
  • Sep 27, 2011 1:15pm Sep 27, 2011 1:15pm
Quoting Pat1
Steve,

GetMacd(int timeframe, int fast_ema_period, int slow_ema_period, int signal_period, int applied_price, int mode, int shift)

GetMacd(14, 5, 8, 9, PRICE_CLOSE, MODE_SIGNAL, 1);

Shouldn't this be 5

Cheers

Pat
It needs to be a zero so that the call returns macd on the current chart. Great piece of bloop-spotting. Cheers.

Fix in post 1, guys. It is essential. Either that or change
MacdVal = GetMacd(14, 5, 8, 9, PRICE_CLOSE, MODE_SIGNAL, 1);
to
MacdVal = GetMacd(0, 5, 8, 9, PRICE_CLOSE, MODE_SIGNAL, 1);

in void ReadIndicatorValues()

Cheers Pat

  • #29
  • Sep 27, 2011 1:16pm Sep 27, 2011 1:16pm
Quoting stimpy
its a problem with the macdtrend - its the signal - i am playing with it as you might notice its always 0

//MACD signal line
MacdVal = GetMacd(14, 5, 8, 9, PRICE_CLOSE, MODE_SIGNAL, 1);
MacdTrend = down;
if (MacdVal > 0) MacdTrend = up;
All solved now. Thanks for looking.

  • #30
  • Sep 27, 2011 1:18pm Sep 27, 2011 1:18pm
Quoting SteveHopwood
All solved now. Thanks for looking.

cheers dude. this one looks good!
  • #31
  • Sep 27, 2011 1:50pm Sep 27, 2011 1:50pm
Quoting stimpy
cheers dude. this one looks good!
Curious thing is, when I came to make the edit on my trading machine, the code was correct - which is why I hadn't noticed the probs with macd.

Goodness knows when the bloop crept in. Hey h.

  • #32
  • Edited 2:55pm Sep 27, 2011 2:40pm | Edited 2:55pm
Hi Steve,

Attached is an indi which combines MACD and MACD_SAR in one.

for ICustom function,
string x=" ";
iCustom(NULL,0,"Parabolic_SW_Pat",x,Step,Maximum,xFastEMA,SlowEMA,SignalSMA,index,0);

index 0 is MACD_SAR
index 1 is MACD Signal
and 4 is MACD Main

index 2 and 3 are Red and Blue Bars - if Signal>Macd red else blue

if you need to incorporate it into your EA.

Cheers

Pat
Attached Image (click to enlarge)
Click to Enlarge Name: alex.jpg Size: 135 KB
Attached File(s)
File Type: mq4 Parabolic_SW_Pat.mq4   7 KB | 468 downloads
  • #33
  • Sep 27, 2011 2:45pm Sep 27, 2011 2:45pm
I have several SH demos on myfxbook if anyone wants to check their progress, just go into my signature

Cheers
  • #34
  • Sep 27, 2011 4:22pm Sep 27, 2011 4:22pm
Quoting Pat1
Hi Steve,

Attached is an indi which combines MACD and MACD_SAR in one.

for ICustom function,
string x=" ";
iCustom(NULL,0,"Parabolic_SW_Pat",x,Step,Maximum,xFastEMA,SlowEMA,SignalSMA,index,0);

index 0 is MACD_SAR
index 1 is MACD Signal
and 4 is MACD Main

index 2 and 3 are Red and Blue Bars - if Signal>Macd red else blue

if you need to incorporate it into your EA.

Cheers

Pat
Fantastic Pat. That is much better. Thanks again. I have left the pure MACD code alone only to save myself some messing around.

I have updated everything in post 1. You do not need Pat's version until you update Alex; once you do so, you will need it.

Cheers Pat

  • #35
  • Sep 27, 2011 4:35pm Sep 27, 2011 4:35pm
Post 1 seems to have the wrong EA.
  • #36
  • Sep 27, 2011 4:51pm Sep 27, 2011 4:51pm
Quoting fxshadow
Post 1 seems to have the wrong EA.
Oops. Cheers.

  • #37
  • Sep 28, 2011 12:49am Sep 28, 2011 12:49am
Quoting Pat1
Hi Steve,

Attached is an indi which combines MACD and MACD_SAR in one.

for ICustom function,
string x=" ";
iCustom(NULL,0,"Parabolic_SW_Pat",x,Step,Maximum,xFastEMA,SlowEMA,SignalSMA,index,0);

index 0 is MACD_SAR
index 1 is MACD Signal
and 4 is MACD Main

index 2 and 3 are Red and Blue Bars - if Signal>Macd red else blue

if you need to incorporate it into your EA.

Cheers

Pat
Hello, interesting indicator. I find though very difficult to use it due to the repainting issue.. am i missing anything? can you help?
thanks
  • #38
  • Sep 28, 2011 10:06am Sep 28, 2011 10:06am
im going to test with different scalp tp's i think 5 vs SL of 20 is just not going to cut the mustard even with the runner - part close never worked for me on my bots.
  • #39
  • Sep 28, 2011 10:29am Sep 28, 2011 10:29am
Yesterday, this looked like an excellent system. Today, it's looking like a very good way to erode your trading account.
  • #40
  • Sep 28, 2011 2:58pm Sep 28, 2011 2:58pm
im running mptm behind this as;

the hidden stop is hit and miss for some reason...might be my criminale
wanted to test a jumping stop for the second trade...cant see one happening from the bot.

That is if you use the 2 trade feature - as prev post might not want the double hit on SL this low down TF.

it also wants to take trades most of the time so cannot distinguish the difference between true and false always in? currently set to false but it still snowballs a bit - good in strong moves but will rape you in chop as its opening on the peaks and troughs.

hope this comes across as constructive commenting! been working at it all day....this is on my shortlist so far.
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