Trading Made Simple EA by Guess Whom | Page 74 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Made Simple the right way, and other trading lessons 334 replies

to whom it may concern 23 replies

Whom to trade CFDs with? 5 replies

Who is copying whom? 8 replies

If we trade "off-exchange", with whom do we "exchange" with? 3 replies

Attachments: Trading Made Simple EA by Guess Whom
Exit Attachments

Trading Made Simple EA by Guess Whom

  • #1,461
  • Oct 14, 2011 1:26pm Oct 14, 2011 1:26pm
Quoting seller9
I have looked through a bunch of H1 charts and couldn't find a consistant way to use the ADX.

One way for a long :
(+D1 > -D1) AND (ADX increasing OR ADX > 25)

But this is not consistant enough from trade to trade.

What would be your formula that would maybe 80 to 90 % consistant?

If you are using it along with the TDI signal it has to happen at the same time as the TDI cross or we would have to delay one or two candles after the TDI cross to see if the ADX will confirm.

On the THV thread the TRIX is a little later to cross than the TDI so you may get a better match with a confirmation from the ADX.
ADX Period "12 to 15" = crosses over 25 with DMI confirmation below. a Lower ADX Period Ex: 12 would be a better match with the TDI.

DMI+ = over 25 = Long
DMI- = over 25 = Short

Just thinking out loud
Don't forget Practice + Patience + Persistence = Profits
  • #1,462
  • Edited 2:40pm Oct 14, 2011 2:22pm | Edited 2:40pm
heres a trade it took last night on the A/U

+39 pips

Thanks seller9 for your hard work, i've read your PDF and it reminds me of myself the details is amazing

also the Profit/Loss in $ Dollars is another great addition

GJ
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD10-14---16-31.gif Size: 35 KB
Don't forget Practice + Patience + Persistence = Profits
  • #1,463
  • Oct 14, 2011 2:33pm Oct 14, 2011 2:33pm
Heres my set file that i used 15m Trading active & 30m Trend,

i removed the "Candle Pattern" after the trade, because i think i could of been in the trade sooner.

-TDI Dynamic Cross / Slope & Range for Entry (i may remove the Range)
-Use 5ema CandleClose Price close above 5ema shift 2 for Entry
-No SL or TP, SL is set with "Use5emaCandleClosed" & "Use5emaPAC"
-Also using "Candle Trailing Stop" (but i may disable this)
-i disabled the "Stochastics" since it's already in the "Stoch Slope"

Only modifications you may need to change depending on your broker or own personnal reasons.

-CriminalECN is set to False
-Trend is set to 30m, use same settings for 60m Trend, i did'nt test this yet with higher TF's feel free to do so and report back.
-Trade Times 1-12 / 12-16 based on EST (or GMT -500)
-Dashboard is also Disabled.
-FFCal is Disabled

Let's keep on piping folks
Attached File(s)
File Type: txt tms_v16_15m.txt   4 KB | 389 downloads
Don't forget Practice + Patience + Persistence = Profits
  • #1,464
  • Oct 14, 2011 3:22pm Oct 14, 2011 3:22pm
Quoting seller9
I have looked through a bunch of H1 charts and couldn't find a consistant way to use the ADX.

One way for a long :
(+D1 > -D1) AND (ADX increasing OR ADX > 25)

But this is not consistant enough from trade to trade.

What would be your formula that would maybe 80 to 90 % consistant?

If you are using it along with the TDI signal it has to happen at the same time as the TDI cross or we would have to delay one or two candles after the TDI cross to see if the ADX will confirm.

On the THV thread the TRIX is a little later to cross than the TDI...
Gotcha, I see what you mean, the way I use it is not really according to the rules because alot of times I will wait for the ADX to rise. It may be on the 3rd or 4th candle but at lease I know that move will be strong. but anyway great work your doing guy !!!!!!!
Look at something long enough, you will eventually get it.
  • #1,465
  • Oct 14, 2011 3:33pm Oct 14, 2011 3:33pm
Quoting maxzeus
ADX Period "12 to 15" = crosses over 25 with DMI confirmation below. a Lower ADX Period Ex: 12 would be a better match with the TDI.

DMI+ = over 25 = Long
DMI- = over 25 = Short

Just thinking out loud
Thanks MAX for your input
Look at something long enough, you will eventually get it.
  • #1,466
  • Edited 6:17pm Oct 14, 2011 6:05pm | Edited 6:17pm
Quoting maxzeus
Heres my set file that i used 15m Trading active & 30m Trend,

i removed the "Candle Pattern" after the trade, because i think i could of been in the trade sooner.

-TDI Dynamic Cross / Slope & Range for Entry (i may remove the Range)
-Use 5ema CandleClose Price close above 5ema shift 2 for Entry
-No SL or TP, SL is set with "Use5emaCandleClosed" & "Use5emaPAC"
-Also using "Candle Trailing Stop" (but i may disable this)
-i disabled the "Stochastics" since it's already in the "Stoch Slope"

[b]Only modifications you may need to change...
EDIT to my Set File

i modified the "Candle2TradeWindowMinutes" from 15 min to 3 min because i realised after some reviewing in the lower TF's that it was the reason it opened a trade on the 2nd candle close or 3rd candle open, i want the trade to be taken the earliest possible after the PA opened above/under the 5ema shift 2 on the 2nd candle.

but it was still a nice trade +39 pips even tho i missed approx 15-20 more pips

now i got to wait until sunday to test this now
Don't forget Practice + Patience + Persistence = Profits
  • #1,467
  • Oct 14, 2011 6:21pm Oct 14, 2011 6:21pm
Quoting traco1
Thanks MAX for your input
You can give this a try and just see what kind of alert it shows when you get a trade signal, I will also watch it and see. Here is the present formula I am trying.

(ADX >= 25) & (Present +D1 > Previous +D1) & (Present -D1 < Previous -D1) & (+D1 > -D1) For a Long Trade

It does not affect the trade in any way as it is not a part of the trade logic, but will be interesting to see what it shows when a trade happens and if it would have been any help.

I have attached a version of TMS_V16_MTF_ADX that shows the ADX signal on the time period you have set the EA for. It also displays the ADX value next to the indicator. This indicator is not selectable in the settings, so it will always be present in this test version.

Anyone else can test this also if they want. This is a good way to test ideas, by looking at the screen shot at the time a trade is taken you can quickly get an idea if a test indicator may of helped or not. We can also tweak the formula if needed, this is just a starting point. I am using an ADX of 12 with closing price.

Attached Image


Attached File(s)
File Type: ex4 TMS_V16_MTF_ADX.ex4   152 KB | 352 downloads
  • #1,468
  • Oct 14, 2011 6:36pm Oct 14, 2011 6:36pm
Quoting seller9
You can give this a try and just see what kind of alert it shows when you get a trade signal, I will also watch it and see. Here is the present formula I am trying.

(ADX >= 25) & (Present +D1 > Previous +D1) & (Present -D1 < Previous -D1) & (+D1 > -D1) For a Long Trade

It does not affect the trade in any way as it is not a part of the trade logic, but will be interesting to see what it shows when a trade happens and if it would have been any help.

I have attached a version of TMS_V16_MTF_ADX that shows the ADX signal on the time period you...
Thanks seller, I will give it a test drive next week.
Look at something long enough, you will eventually get it.
  • #1,469
  • Edited 10:11pm Oct 14, 2011 8:33pm | Edited 10:11pm
Quoting seller9
You can give this a try and just see what kind of alert it shows when you get a trade signal, I will also watch it and see. Here is the present formula I am trying.

(ADX >= 25) & (Present +D1 > Previous +D1) & (Present -D1 < Previous -D1) & (+D1 > -D1) For a Long Trade

It does not affect the trade in any way as it is not a part of the trade logic, but will be interesting to see what it shows when a trade happens and if it would have been any help.

I have attached a version of TMS_V16_MTF_ADX that shows the ADX signal on the time period you...
Holy Batman ... Seller9 you should start a new thread and name it something like this

-Trade Made Simple "Tools EA"
-Trade Made Simple "Toolbox EA"
-Trade Made Simple "Multi EA"
-Trade Made Simple "SwissArmy EA"

etc...

guess i'll load this one on my charts, since ADX is also one of my favorite indis my others are all in the EA except the CCI but the TDI/RSI/Slope/HA replaces that so im happy


This is the same as v16 just ADX is added , i simply loaded my Set File from the other v16 just in case is that OK ?



Edit: i found that the ADX 12 needs to be APPLIED to "CLOSE" or Typical Price H/L/C is also not bad but the CLOSE is better for the bounces and it's the Default when dragging the indi on the charts
Don't forget Practice + Patience + Persistence = Profits
  • #1,470
  • Oct 14, 2011 10:29pm Oct 14, 2011 10:29pm
First of all thanks seller9 for your continuous hard work to make the EA better and better....I am currently using the set file from Maxzeus for V16....I just wanted to know am I supposed to enable Alerts by checking it for the EA to take trades or not.....and is the EA supposed to say "Sleeping" or "Trading Suspended" while the Forex markets aren't running over the weekend?

Looking forward to your reply.

Regards

Ali Raza
Attached Image (click to enlarge)
Click to Enlarge Name: sleeping.PNG Size: 114 KB
Raza
  • #1,471
  • Oct 14, 2011 10:33pm Oct 14, 2011 10:33pm
  •  GT_Pips
  • | Joined Jun 2011 | Status: Dont hate what you dont understand. | 71 Posts
You dont have to wait until next week.
Just back test it using strategy tester.

Quoting traco1
Thanks seller, I will give it a test drive next week.
He who wanders, never gets lost. No good deed goes unpunished.
  • #1,472
  • Oct 15, 2011 4:05am Oct 15, 2011 4:05am
@ SELLER9,

Thanks for bringing this version out of your Factory..

I tried to test with Strategy Tester but i noticed there is an error.
The first type of trade it took is the one it uses all through the testing.. i.e if the first trade it takes is a SELL ..all the other trades will be SELLs and no BUYs.
and if the first trade it takes is a BUY,all the other trades it will take throughout the test will be BUY only and no SELLs.

NOTE : It works alright in life trades.
I have the Autobuysell set to True.

The rule i used for taking trade is 5ema PA,
All the others rules are OFF

In the attached chart,you will see that all the long/buy trades are not triggered/taken (white circled).

what could be the solution here.

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: st test.gif Size: 182 KB
It Is Well With My Soul..(Amen)
  • #1,473
  • Oct 15, 2011 5:08am Oct 15, 2011 5:08am
Quoting babasemi
@ SELLER9,

Thanks for bringing this version out of your Factory..

I tried to test with Strategy Tester but i noticed there is an error.
The first type of trade it took is the one it uses all through the testing.. i.e if the first trade it takes is a SELL ..all the other trades will be SELLs and no BUYs.
and if the first trade it takes is a BUY,all the other trades it will take throughout the test will be BUY only and no SELLs.

NOTE : It works alright in life trades.
I have the Autobuysell set to True.

The rule i...



@ Selle9,

see what i got again in strategy tester... CONFUSED..... (white circle line/white arrow)
Also it didn't take any trade again.

thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: st test2.gif Size: 181 KB
It Is Well With My Soul..(Amen)
  • #1,474
  • Oct 15, 2011 8:24am Oct 15, 2011 8:24am
  •  GT_Pips
  • | Joined Jun 2011 | Status: Dont hate what you dont understand. | 71 Posts
Not sure why you get sells only. I have buy and sell set to false and autobuysell set to true.
The second screen shot shows confused also, but i think from reading the pdf that happens when the pair is not trending a that point in time.
seller9 would know if this is correct or not.

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 62 KB


Attached Image (click to enlarge)
Click to Enlarge Name: confused.png Size: 62 KB


Quoting babasemi
@ Selle9,

see what i got again in strategy tester... CONFUSED..... (white circle line/white arrow)
Also it didn't take any trade again.

thanks.
He who wanders, never gets lost. No good deed goes unpunished.
  • #1,475
  • Oct 15, 2011 8:38am Oct 15, 2011 8:38am
Quoting GT_Pips
You dont have to wait until next week.
Just back test it using strategy tester.
I allways have some type of problem with back testing, but if I have time this weekend I will try it.

P.S. My son loves the boondocks
Look at something long enough, you will eventually get it.
  • #1,476
  • Oct 15, 2011 8:57am Oct 15, 2011 8:57am
  •  GT_Pips
  • | Joined Jun 2011 | Status: Dont hate what you dont understand. | 71 Posts
If this is your first time using an EA.
If you want to see an alert box popup, you need to check the alert box option.

Its the weekend the EA is tired from a hard week of looking for trades.lol.

Seriously tho,from the last page of the user manual that seller9 wrote it states.
"Sleeping means the Robot is not within the Window Time and is sleeping and waiting for the next Window to look for a trade. "
So im going to say, since its the weekend and the markets are closed.
Its going to take the time to get some sleep.

Quoting shr5
First of all thanks seller9 for your continuous hard work to make the EA better and better....I am currently using the set file from Maxzeus for V16....I just wanted to know am I supposed to enable Alerts by checking it for the EA to take trades or not.....and is the EA supposed to say "Sleeping" or "Trading Suspended" while the Forex markets aren't running over the weekend?

Looking forward to your reply.

Regards

Ali Raza
He who wanders, never gets lost. No good deed goes unpunished.
  • #1,477
  • Oct 15, 2011 9:52am Oct 15, 2011 9:52am
Quoting GT_Pips
Not sure why you get sells only. I have buy and sell set to false and autobuysell set to true.
The second screen shot shows confused also, but i think from reading the pdf that happens when the pair is not trending a that point in time.
seller9 would know if this is correct or not.

Attachment

Attachment
If you are in the auto mode and using the 2/8 trend it will not take a trade when it says "Confused".

Attached Image (click to enlarge)
Click to Enlarge Name: Confused.jpg Size: 139 KB
  • #1,478
  • Oct 15, 2011 9:58am Oct 15, 2011 9:58am
Quoting shr5
First of all thanks seller9 for your continuous hard work to make the EA better and better....I am currently using the set file from Maxzeus for V16....I just wanted to know am I supposed to enable Alerts by checking it for the EA to take trades or not.....and is the EA supposed to say "Sleeping" or "Trading Suspended" while the Forex markets aren't running over the weekend?

Looking forward to your reply.

Regards

Ali Raza
Yes, check that box.

Since the EA uses incomming Tics to run, when they stop at market close the EA will stay at that spot until the markey opens again and Tics start comming in again.
  • #1,479
  • Oct 15, 2011 10:11am Oct 15, 2011 10:11am
Quoting GT_Pips
Not sure why you get sells only. I have buy and sell set to false and autobuysell set to true.
The second screen shot shows confused also, but i think from reading the pdf that happens when the pair is not trending a that point in time.
seller9 would know if this is correct or not.

Attachment

Attachment

Thanks for your reply.
I am wondering too,just like you.
Thats why i want Seller9 to give us a reply.
Because it works on life trading,but not backtest.
Still waiting on him to have a look and see.
It Is Well With My Soul..(Amen)
  • #1,480
  • Oct 15, 2011 1:54pm Oct 15, 2011 1:54pm
Quoting babasemi
Thanks for your reply.
I am wondering too,just like you.
Thats why i want Seller9 to give us a reply.
Because it works on life trading,but not backtest.
Still waiting on him to have a look and see.
I don't back test, I only forward test live, so can't help you.
0 traders viewing now