Trading Made Simple EA by Guess Whom | Page 92 | 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

  • #1,821
  • Oct 26, 2011 1:20pm Oct 26, 2011 1:20pm
gbpusd-trade still open on my live-account. i removed the tp manually and let this trade run with candlestick-trailingstopp (currently the cs-trailing is 25 pips in profit).

Attached Image
  • #1,822
  • Oct 26, 2011 1:22pm Oct 26, 2011 1:22pm
Quoting seller9
Are you saying you want the PA to be outside the 2 ATR channel? I used 130% last night with real good luck, will post my results in a while, 8 trades, 7 winners, 1 loser. All on the H1.
yes, this is part of my strategy. to trade the reversals of outbreaks of the tma-channel. the probability of a reversal from outside is much higher. but with 130% (inside) i think you will have good results, too.
  • #1,823
  • Oct 26, 2011 1:23pm Oct 26, 2011 1:23pm
Quoting Drewas
Nice work guys.

Interested in joining the party and doing some testing.

Dont seem to be able to get the Dashboard working. Followed instructions but dont see the EURUSDTMS.txt (added the EA to that pair) in the files directory and so consequently my Dashboard is blank.

The EA appears to work and I know i dont necessarily need the Dashboard but would like to see it work.

Any assistance appreciated. Thanks.
If you are running Windows 7 it is because you don't have permission to write to the files folder. Try running your MT4 as administrator and see if that works. I usually install all my MT4 platforms in a separate folder under the C: root so I don't have this problem. Windows 7 doesn't like you writing to programs under the program Files directory where MT4 is installed.
  • #1,824
  • Oct 26, 2011 1:25pm Oct 26, 2011 1:25pm
Quoting seller9
If you are running Windows 7 it is because you don't have permission to write to the files folder. Try running your MT4 as administrator and see if that works. I usually install all my MT4 platforms in a separate folder under the C: root so I don't have this problem. Windows 7 doesn't like you writing to programs under the program Files directory where MT4 is installed.
yes, this or change the permissions of your mt4-folder (add your own username and grant full permissions).

i have all my mt4-instances on a different partition, not in C.
  • #1,825
  • Oct 26, 2011 1:26pm Oct 26, 2011 1:26pm
Quoting snowyHH
@seller:
yesterday i noticed that the candlestick trailingstop is not based on the heiken ashi candles, it moves according to the "normal" candles. this is why i was stopped out much too early in some trades.
if it would have moved to the high (or low, for a buy trade) of the heiken ashi candle, everything would have been fine.

is it possible and not too much work to change this? because this complete system is based on the heiken ashi candles and this would be better i think.
That part is based on the old post #1 EA, it may be a while before I get to changing it, but I will add it to the list.
  • #1,826
  • Oct 26, 2011 1:33pm Oct 26, 2011 1:33pm
Quoting snowyHH
added LWMA5 as additional signal for open trade to reduce false signals. fired up new demo today here: http://www.myfxbook.com/members/snow...zone200/182684

nice trade in eurusd:
Your reading my mind, I was also going to try that and went back and looked at the code to see just how it worked(been a while since I wrote it) and found an error, so you may want to wait or your results will be flawed. I will post my last night results from the H1 and also a fixed version of the V19 in just a bit.
  • #1,827
  • Oct 26, 2011 1:36pm Oct 26, 2011 1:36pm
Quoting seller9
Your reading my mind, I was also going to try that and went back and looked at the code to see just how it worked(been a while since I wrote it) and found an error, so you may want to wait or your results will be flawed. I will post my last night results from the H1 and also a fixed version of the V19 in just a bit.
thank you! and also for thinking about changing the cs-trailing to heiken ashi!
  • #1,828
  • Oct 26, 2011 1:36pm Oct 26, 2011 1:36pm
The demos and snowyhh's settings just got a nice turn as we can all see.

I'm setting up a couple more demos using JS in contrast to the Candlestick trailing snowyhh is using. They'll be up on myfxbook soon today
  • #1,829
  • Oct 26, 2011 1:43pm Oct 26, 2011 1:43pm
great results from last night all the way to 2pm est.
traded on small live account Forex.com. (US)
Started with $324, I now have $371, some trades were closed manually due to margin calls- I am monitoring 20 pairs version 19 with Mr snows set (15)

Great job seller I have tried alot of ea's on this account and never had such success.

I think it would be great if you guys also mention the broker you are using when posting results, thats important.
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-10-26_14-32.jpg Size: 96 KB
Look at something long enough, you will eventually get it.
  • #1,830
  • Oct 26, 2011 1:47pm Oct 26, 2011 1:47pm
I had snowy's break out settings running last night on 12 pairs on the H1 time frame on a live account with a lot = .01 just to be safe. I traded just the London session with 1/2 hour overlap into the NY. I ended up with 8 trades, 1 loser, and 7 winners, not bad for not having to do a thing but sleep through the whole thing. I went to bed before London Open and got up after NY opened, now thats making money while you sleep.
I did make one change to the set file as shown below, I changed from a take profit setting to a take profit multiplier of 1, which is 1 * ATR.
I have also included a bug fixed V19 to fix the LWMA5 error in the code. I have also included the chart that shows the one loseing trade followed by a winning trade on the same chart. If I would have set the SL to 60 pips it would have been a winner. Like snowy mentioned it looks like the LWMA crossing the 5ema may work as a filter, it would have kept me out of this first trade.

Good Luck

Edit: I did use 130% for the zone setting

Attached Image (click to enlarge)
Click to Enlarge Name: EA_Settings.gif Size: 35 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Trades_10_26_2011.gif Size: 32 KB


Attached Image (click to enlarge)
Click to Enlarge Name: euraud.gif Size: 45 KB


Attached File(s)
File Type: ex4 TMS_V19_MTF.ex4   168 KB | 617 downloads
  • #1,831
  • Oct 26, 2011 1:57pm Oct 26, 2011 1:57pm
Quoting seller9
I had snowy's break out settings running last night on 12 pairs on the H1 time frame on a live account with a lot = .01 just to be safe. I traded just the London session with 1/2 hour overlap into the NY. I ended up with 8 trades, 1 loser, and 7 winners, not bad for not having to do a thing but sleep through the whole thing. I went to bed before London Open and got up after NY opened, now thats making money while you sleep.
I did make one change to the set file as shown below, I changed from a take profit setting to a take profit multiplier of...
Hi seller, so you used 130% for the zone setting on v19? Was this on purpose? I thought that the bug was fixed on v19
  • #1,832
  • Oct 26, 2011 2:17pm Oct 26, 2011 2:17pm
Quoting acostafulano
Hi seller, so you used 130% for the zone setting on v19? Was this on purpose? I thought that the bug was fixed on v19
The bug is fixed, I just didn't know that snowy wanted to use 260%, so my mistake.
But as you can see 130% worked OK on scalping the H1.

Sometimes even when your wrong your right.
  • #1,833
  • Oct 26, 2011 2:26pm Oct 26, 2011 2:26pm
Here is snowys settings results on M15, only change was TPMultiplier set to 1 and zone to 130% by mistake. Lots of trades, 38 trades, 32 winners, and 6 losers. The losers are to large need a better exit but all togther it was still profitable. Looks like from looking at the charts of the losers the LWMA5 and 5ema cross may have kept me out of all the bad trades. To many winners to go through to see how many of them would have been killed by the LWMA 5ema cross though, will try this next tonight with just adding the LWMA and 5ems cross with out touching anything else. This demo was set to trade all 24 hours.

Attached Image (click to enlarge)
Click to Enlarge Name: Demo-trades_26_2011.jpg Size: 209 KB
  • #1,834
  • Edited 2:55pm Oct 26, 2011 2:34pm | Edited 2:55pm
Quoting seller9
I had snowy's break out settings running last night on 12 pairs on the H1 time frame on a live account with a lot = .01 just to be safe. I traded just the London session with 1/2 hour overlap into the NY. I ended up with 8 trades, 1 loser, and 7 winners, not bad for not having to do a thing but sleep through the whole thing. I went to bed before London Open and got up after NY opened, now thats making money while you sleep.
I did make one change to the set file as shown below, I changed from a take profit setting to a take profit multiplier of 1,...
thanks again selller9

is there a way to put the alert when it OPENS a Trades it shows us why it did ? like when it closes a trades it tells us example: closed trade on 5ema Candle Close

so if it opens it would be the last confirmation settings telling us why it opened the trade so we could tweak it more, the screencaptures helps but it does'nt show us pre-open trades, in return if it opens trades to late we could tweak or make changes etc...

or do you know if there is a log somewhere ?

Just an idea and suggestion
Don't forget Practice + Patience + Persistence = Profits
  • #1,835
  • Oct 26, 2011 2:40pm Oct 26, 2011 2:40pm
nice results, seller!

i'am working on a H1 strategy, too. but right now i still focus on the M15 untill i'am 100% satisfied.

my goal for the H1 is to open the trade outside of the channel to get the full reversal move through the whole channel. like on this chart (whole move: ~150 pips):

http://hmso.hmja.de/trading/H1strategy_planning.png


so far my results from my live account yesterday and today (159 EUR):

http://hmso.hmja.de/trading/tms_v19_live_results.png
  • #1,836
  • Oct 26, 2011 2:47pm Oct 26, 2011 2:47pm
I trade more trades with your setting ! I don t know the reason !


Quoting snowyHH
nice results, seller!

i'am working on a H1 strategy, too. but right now i still focus on the M15 untill i'am 100% satisfied.

my goal for the H1 is to open the trade outside of the channel to get the full reversal move through the whole channel. like on this chart (whole move: ~150 pips):

http://hmso.hmja.de/trading/H1strategy_planning.png


so far my results from my live account yesterday and today (159 EUR):

http://hmso.hmja.de/trading/tms_v19_live_results.png
  • #1,837
  • Oct 26, 2011 2:54pm Oct 26, 2011 2:54pm
Quoting wallstreet03
I trade more trades with your setting ! I don t know the reason !
maybe you don't have the same number of pairs. i removed usdjpy and all NZD-pairs on my live-acc. i don't like them.
also i trade with slightly different settings in my live-account, for more safety. and still testing and changing... i hope soon i will be 100% satisfied with the settings and can finalize the testing-stage.
  • #1,838
  • Oct 26, 2011 3:47pm Oct 26, 2011 3:47pm
Hi seller,

mabye you read the Hanover Ea thread of Steve. Do you think that module code of Hanover would be a good addition to filter out bad trades? Just a suggestion for next version if you find it useful.

http://www.forexfactory.com/showthread.php?t=319709

Best regards!
  • #1,839
  • Oct 26, 2011 3:53pm Oct 26, 2011 3:53pm
Quoting snowyHH
@seller:
yesterday i noticed that the candlestick trailingstop is not based on the heiken ashi candles, it moves according to the "normal" candles. this is why i was stopped out much too early in some trades.
if it would have moved to the high (or low, for a buy trade) of the heiken ashi candle, everything would have been fine.

is it possible and not too much work to change this? because this complete system is based on the heiken ashi candles and this would be better i think.
Was looking at some numbers comparing the HA to regular candles. Since I am only interested in the High and Low from a past perspective they are the same. I also watched the numbers on the present candle and they were also the same. The open and close are some times a few pips different but those are not used in the CSTS, only the high and the low.

Attached Image (click to enlarge)
Click to Enlarge Name: HA_Compare.gif Size: 37 KB
  • #1,840
  • Oct 26, 2011 4:20pm Oct 26, 2011 4:20pm
can you please see the attached graph, because I think I'm alone in this thread that does not work this arrangement. The way advisers are in place, I'm sure, I'm using the set file SnowyHH 15m zone pullbak .I read that it was appropriate to bring V19 with TMS TP Multipler to 260 and I'm using the EUR / USD - GBP / USD. I attach also the file set that I use to see if I messed up.
tank
Attached Image (click to enlarge)
Click to Enlarge Name: tms 19.jpg Size: 107 KB
Attached File(s)
File Type: txt 20111024_tms_v17_m15_zonepullback.set.txt   4 KB | 237 downloads
File Type: tpl tms_15min_pbh.tpl   50 KB | 287 downloads
1 trader viewing now