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Trading Made Simple EA by Guess Whom

  • #1,301
  • Sep 28, 2011 11:00pm Sep 28, 2011 11:00pm
Just took a quick look at the Code for the BE setting.

Long:
if the (Bid>=OrderOpenPrice + BreakEvenPips) AND (OrderStopLoss < OrderOpenPrice)

The order would be modified and a new Stop Loss would be sent to the Broker.

New Stop Loss:
OrderOpenPrice + BreakEvenProfit

Short would be the opposite.
  • #1,302
  • Sep 29, 2011 12:55am Sep 29, 2011 12:55am
  •  fivex
  • | Joined Sep 2011 | Status: This is the title that appears | 247 Posts
two are my own (full lots), trading over the top of the tms ea.
all others are stars setfile + tma 0%
Attached Image (click to enlarge)
Click to Enlarge Name: stars 15m with tma zone0% 43.gif Size: 114 KB
  • #1,303
  • Sep 29, 2011 5:55am Sep 29, 2011 5:55am
Quoting fivex
two are my own (full lots), trading over the top of the tms ea.
all others are stars setfile + tma 0%
which setfile? he attached so many of them
another (maybe stupid) question: where in the zone is the 0%-point? at the middle line or at the upper/lower line?
  • #1,304
  • Sep 29, 2011 5:57am Sep 29, 2011 5:57am
Quoting seller9
I just took another look at your set file and noticed you had BE turned on. That is probably what kicked you out of the trade. I have used it very little and had it do the same thing to my trades. That is part of the original EA in Post #1 and I have not had time to look through the code for it to see if it is working correctly. But like I said, I have had the same thing happen when trying to use it. Maybe someone else with more experience using it can shed some light on if it is working correctly. The code for it is in the original EA in post #1...
hello seller,
i checked the trades, there was no breakeven, because the trades were not 10 pips (breakevenpips) in profit.
but right now i didn't have such a trade again. maybe maxzeus' settings were the solution.
  • #1,305
  • Sep 29, 2011 9:17am Sep 29, 2011 9:17am
  •  fivex
  • | Joined Sep 2011 | Status: This is the title that appears | 247 Posts
Quoting snowyHH
which setfile? he attached so many of them
another (maybe stupid) question: where in the zone is the 0%-point? at the middle line or at the upper/lower line?
page 81, post 1204 for stars setfile (i have it written down in front of me and I'm lazy, so no link for you) and 0% is the middle line, if its above OK to sell, if its below OK to buy.
good luck.
  • #1,306
  • Sep 29, 2011 10:58am Sep 29, 2011 10:58am
Quoting fivex
page 81, post 1204 for stars setfile (i have it written down in front of me and I'm lazy, so no link for you) and 0% is the middle line, if its above OK to sell, if its below OK to buy.
good luck.
thank you!



Quoting seller9
I did find a bug in the timer in that routine that should fix the problem in the next version.
I will do some testing to see if it is OK now.
@seller9:
if this information is still important for you, i checked the trades today and the bot made only ONE trade for each pair, then went to sleep. see history attached.
Attached Image (click to enlarge)
Click to Enlarge Name: one_trade_each_pair.jpg Size: 64 KB
  • #1,307
  • Sep 29, 2011 11:03am Sep 29, 2011 11:03am
Quoting maxzeus
Try Star178 set file at post #1254 or

Disable

UseDynamicTDIentry=0
UseTDIcrossForEntry=0
UseTDIslopeForEntry=0

Enable

UseDynamicTDIcrossClose=1
TdiCloseONcross=1
UseStochastics=1
UseStochSlope=1
Use5ema=1
UseCandleClose=1
UseCandleDirection=1

use Stars SL settings

TPmultiplier=250
StopLoss=60
StopLoss5ma=0

or use the 5ema as SL like i do

TPmultiplier=0
StopLoss=0
StopLoss5ma=1


@maxzeus,

Sorry this is a bit late,i have been off the net this week.
At the moment the EA takes trade after candle close above 5ema,which is not what i want.
Seller9 has already answered my question (it will be included in the next version).
Thanks for your reply.
Good trades to you.

Cheers.
It Is Well With My Soul..(Amen)
  • #1,308
  • Sep 29, 2011 11:05am Sep 29, 2011 11:05am
Quoting seller9
Yes, thanks for the reminder, will be in the next version. Choice of using Candle Close above or below 5ema or PA above or below 5ema.

Thanks man..waiting patiently for that.
Good luck and many pips to you.

Cheers.
It Is Well With My Soul..(Amen)
  • #1,309
  • Sep 29, 2011 11:30am Sep 29, 2011 11:30am
Can Anyone tell me where the most up to date descriptions on all the settings are for the EA? I have a very old version.

Thanks
  • #1,310
  • Sep 29, 2011 7:48pm Sep 29, 2011 7:48pm
Quoting seller9
Yes, thanks for the reminder, will be in the next version. Choice of using Candle Close above or below 5ema or PA above or below 5ema.

Next version ideas Here is what I have on my list as possible additions to next version. I think we are doing good on the entry side we just need to find a better exit solution to get the most we can.

1) Close trade when candle closes above or below 5ema shift 2 or PA goes above or below 5ema shift 2. Option to pick which one to use.
2) Close trade when candle changes color and closes or PA is showing color change before candle closes. Option to pick which one to use.
3) Close trade when PA pulls back a set number of pips which you can determine, would be like a trailing stop. I have seen where Big E mentions if a trade pulls back a certain amount of pips he gets out and looks for a better entry.
4) Use candle body or total candle size,(Low to High) as entry requirement based on a multiple of the ATR. If too small no entry or if too large no entry.
5) Change trigger on trendlines to include PA above or below along with the present candle close above or below. Option to pick which one to use.
wanted to know the logic behind the CandleStick TrailingStop

-currently how many candles behind does it look at to set it's SL ?
-currently how many candles does it take to move the Candlestick trailing SL?
-depending on the answer above, would it be possible to add a choice on the numbers of candles it looks for and/or the Trailing settings?

-i Use the 5ma StopLoss setting which one has higher priority if i set CandleStickTrailingStop or it does'nt matter if both are set ?


also other optional ideas but not important

-maxtrades open ?
-maxretries (on orders sent) ?

-maybe moving the TDIConfirmCross DISPLAY on the chart at the bottom under the Range - TIC display, maybe even only using "UseTDIC1 & UseTDIC2" instead of 3 ?


Just throwing ideas, keep up the good work, with everyone testing different setups we will make this EA Great, also thanks to all testers that share their set files
Don't forget Practice + Patience + Persistence = Profits
  • #1,311
  • Edited 9:01pm Sep 29, 2011 8:48pm | Edited 9:01pm
Quoting sbnelson2005
Can Anyone tell me where the most up to date descriptions on all the settings are for the EA? I have a very old version.

Thanks
Heres some Info and files that is related to this strategy from the original to the tweaked version now.


the Strategy rules "Trading Made Simple"

post #1 (SteveHopwood) & #11058 ( Big E )

Indicators Needed by seller9 #1272 (sept)

Full set of seller9's tools/docs/templates/DB #613 (aug)

Set Files

seller9's 15m set file #1278

Star178 15m set files #1204 1H #1206 and 1H with 5ema entry #1254

Crobbins 4H set file #1215

Other usefull info

TDI Trade Check #1706

Dean Malones EASY Method #96


hehe !!! Most important part is seller9's updated EA v15 #1168 (sept 20)


Hope this helps
Don't forget Practice + Patience + Persistence = Profits
  • #1,312
  • Sep 29, 2011 11:00pm Sep 29, 2011 11:00pm
Quoting snowyHH
thank you!





@seller9:
if this information is still important for you, i checked the trades today and the bot made only ONE trade for each pair, then went to sleep. see history attached.
Thanks

Thats all I need to know for now. Bug should be fixed in next version.
  • #1,313
  • Sep 29, 2011 11:30pm Sep 29, 2011 11:30pm
Quoting maxzeus
wanted to know the logic behind the CandleStick TrailingStop

-currently how many candles behind does it look at to set it's SL ?
-currently how many candles does it take to move the Candlestick trailing SL?
-depending on the answer above, would it be possible to add a choice on the numbers of candles it looks for and/or the Trailing settings?

-i Use the 5ma StopLoss setting which one has higher priority if i set CandleStickTrailingStop or it does'nt matter if both are set ?


[u]also other optional ideas...
CandleStickTrailingStop: For Buy order.

if Low of the last Closed candle is greater than the Order Stop Loss AND Order profit is Greater Than OR equal to zero then the Stop Loss will equal the Low of the last Closed Candle.

Because this is part of the trade management, it takes over if selected when a trade is open and showing a profit. It only looks back one candle, to the previous closed candle. It should continue to move if profit keeps increasing and previous closed candle Lows keep moving up (for Long).

Number of candle back to look at could be added.

Easy enough to move items around in display or even eliminate them.

Lets have some input from some other users and see what we can eliminate or change of what we presently have.

If no one is using all three TDI confirmation settings lets eliminate one or two of them.
  • #1,314
  • Sep 30, 2011 4:21am Sep 30, 2011 4:21am
Every one of us is trying to get the maximum out of each trade; here is an extract from EURGBP M15 chart where I will be presenting my view.

EA enters a sell trade at 0.87032. On the next bar drop to 0.86855 (just touches the SL). On the next 2 bars PA drops to 0.86840 but unable to triggers TP (current spread is slightly more than 1.5 pips) and then rectracted and hit TDI reverse cross.

There are 5 probably settings for take profit:

Level A is the current exit due to TDI reverse cross.

Level B is trade exit when PA crosses 5-EMA. Currently not available.

Level C is probably trade exit when HA changes color. Currently not available.

Level D is to reduce the SLmultiplier... and to which level!!! not sure.

Level E using Candle stick Trailing Stop.
Attached Image
  • #1,315
  • Sep 30, 2011 6:27am Sep 30, 2011 6:27am
Quoting seller9
....

Lets have some input from some other users and see what we can eliminate or change of what we presently have.

If no one is using all three TDI confirmation settings lets eliminate one or two of them.
1) I think 2 of the TDI confirmation settings can be removed.

2) Trendline trade entry, I managed to have 2 trades using this method with mixed feelings. They open trades on (1) the next candle fully above or below the trendline; (2) entry point at random; (3) does not remove (erase) trendline. Probably my setting are wrong. It's much easier for me to use '5-EMA' and 'TDI Cross' as trade entry.
Can be removed.
  • #1,316
  • Edited 6:28pm Sep 30, 2011 4:37pm | Edited 6:28pm
Quoting seller9
CandleStickTrailingStop: For Buy order.

if Low of the last Closed candle is greater than the Order Stop Loss AND Order profit is Greater Than OR equal to zero then the Stop Loss will equal the Low of the last Closed Candle.

Because this is part of the trade management, it takes over if selected when a trade is open and showing a profit. It only looks back one candle, to the previous closed candle. It should continue to move if profit keeps increasing and previous closed candle Lows keep moving up (for Long).

[b]Number of candle back to look...
Thanks seller9 for the explanation on the CandleStickTrailingStop , and if it can be added it would be good at least we could specify how many candles to look at for the SL settings,

-but the 5ma open/close above/under to buy/sell is gonna be an excellent addition and the HA color change as you mentionned in your previous post


-for star178's post above i also agree ( I think 2 of the TDI confirmation settings can be removed.) since theres already the base confirmation of the actual TDI Active Timeframe, having 1 extra is enough with the other confirmations already in the EA.


ONLY another IDEA (not important)

or if keeping 2 you can modify one of them so the 2nd TDIcross logic by adding the over/under 50 for buy/sells, let me explain more

something similar thats already in the EA but "TDI cross Long trade only under 50" and "TDI cross Short trade only over 50"

maybe like this ?

LongTradeTDICrossOnlyunder50
ShortTradeTDICrossOnlyover50

keep up the good work
Don't forget Practice + Patience + Persistence = Profits
  • #1,317
  • Sep 30, 2011 4:47pm Sep 30, 2011 4:47pm
Quoting maxzeus
Thanks seller9 for the explanation on the CandleStickTrailingStop , and if it can be added it would be good at least we could specify how many candles to look at for the SL settings,

but the 5ma open/close above/under to buy/sell is gonna be an excellent addition and the HA color change as you mentionned in your previous post.

keep up the good work
Hi maxzeus,

I Just saw your post.
Just like i explained in my reply to you a few post back.
the BUY when new candle open Above the 5ma shift 2 or/and SELL when new candle open Below the 5ma shift 2 is what i am looking forward to and Seller9 as agreed to include it in the next version.
It's very cool bro.

Thanks and great weekend to everyone.

Cheers.
It Is Well With My Soul..(Amen)
  • #1,318
  • Edited 6:24pm Sep 30, 2011 5:07pm | Edited 6:24pm
Quoting babasemi
Hi maxzeus,

I Just saw your post.
Just like i explained in my reply to you a few post back.
the BUY when new candle open Above the 5ma shift 2 or/and SELL when new candle open Below the 5ma shift 2 is what i am looking forward to and Seller9 as agreed to include it in the next version.
It's very cool bro.

Thanks and great weekend to everyone.

Cheers.
ya me to thats gonna be one major addition especially on higher TF's lots of pips potential
Don't forget Practice + Patience + Persistence = Profits
  • #1,319
  • Sep 30, 2011 6:24pm Sep 30, 2011 6:24pm
Quoting Star178
Every one of us is trying to get the maximum out of each trade; here is an extract from EURGBP M15 chart where I will be presenting my view.

EA enters a sell trade at 0.87032. On the next bar drop to 0.86855 (just touches the SL). On the next 2 bars PA drops to 0.86840 but unable to triggers TP (current spread is slightly more than 1.5 pips) and then rectracted and hit TDI reverse cross.

There are 5 probably settings for take profit:

Level A is the current exit due to TDI reverse cross.

Level B is trade exit when PA crosses 5-EMA. Currently not available.

Level C is probably trade exit when HA changes color. Currently not available.

Level D is to reduce the SLmultiplier... and to which level!!! not sure.

Level E using Candle stick Trailing Stop.
Good Simple explanation the "TDI reverse Cross" tho i i like the Static better since the Dynamic was kicking me out of trades when a small bounce/retracement occured.

A-B-C-E i like those but for "D" check my post here #1295


for the EA and the strategy and the way im looking at it, is that im trying to view the setup and select the settings on what i would take a trade if i was in front of my PC, it's still a robot but with everyone helping, giving ideas and seller9's expertise we can make this happen IMO

Good weekend all
Don't forget Practice + Patience + Persistence = Profits
  • #1,320
  • Oct 1, 2011 10:51am Oct 1, 2011 10:51am
putting "NonLagMA" set at 12 along with 5 of BigE for extra safety to cross into or out of TDI, may
work better?
Good Sunday to all
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