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Trading Made Simple EA by Guess Whom

  • #1,861
  • Oct 27, 2011 4:29am Oct 27, 2011 4:29am
Quoting snowyHH
first H1 trade closed.

Hi have my technical issues resolved thanks to you guys.

Which settings are you using Snowy? Are they the ones you posted earlier?
We're all just one trade away from humility.
  • #1,862
  • Oct 27, 2011 4:31am Oct 27, 2011 4:31am
Quoting Drewas
Hi have my technical issues resolved thanks to you guys.

Which settings are you using Snowy? Are they the ones you posted earlier?
it's attached to my previous post.
  • #1,863
  • Oct 27, 2011 4:38am Oct 27, 2011 4:38am
Quoting snowyHH
but i think then i have to lower the zone...
thanks for the set.

Thats why i asked for historicaly display of tms values - i could evaluate the zones separatly for each TF if i could see how these change in an offline mode. Not sure if its even possible.
  • #1,864
  • Oct 27, 2011 4:52am Oct 27, 2011 4:52am
Quoting snowyHH
it's attached to my previous post.

Yes it is. Cant see for looking .

Cheers, will post some results as soon as possible.
We're all just one trade away from humility.
  • #1,865
  • Oct 27, 2011 4:59am Oct 27, 2011 4:59am
Quoting snowyHH
setfile attached. i think about adding the LWMA5 signal for entering trades. but i think then i have to lower the zone...

also screenshot of trade entering.
SnowyHH
Thanks for the set file. I am unclear about those files, can they be pasted or imported into presets or must they be hand entered into inputs?
Thanks
  • #1,866
  • Oct 27, 2011 5:02am Oct 27, 2011 5:02am
Quoting fxarcher
SnowyHH
Thanks for the set file. I am unclear about those files, can they be pasted or imported into presets or must they be hand entered into inputs?
Thanks
copy the file to /experts/presets/ and load it up from the strategy (you might want to change lot size)
  • #1,867
  • Oct 27, 2011 6:23am Oct 27, 2011 6:23am
right now i'am thinking about avoiding false trades like last night/today, when a very strong trend dominates the market (especially after such important news like the eu decision last night) and it's too dangerous to trade reversals in such a market.

but how to identify the trend? maybe by looking at the trend channel in bigger timeframes?

according to this idea i took some screenshots from eurusd. on the first we see the H1 chart. beginning from the red line (19. oct. 2011, 19:00) we see a rising trend. this would be the point where we open only buy-trades in M15.

http://hmso.hmja.de/trading/h1_trendchannel.png

on the next we see the M15 chart starting from this date and the buy entries.

http://hmso.hmja.de/trading/m15_buysignals.png

yes, we would miss some great sell trades, but better more safety than false-trades which wipe out the winners.

this setup could be realized by setting UseTMATrend to true and the timeframe for the trend to H1.
i think additionally we have to set "Buyer" and "Seller" to false and "AutoBuySell" to true. is this correct, seller9?

edit: but i don't know one thing: if the tma channel is repainted later... i would like to know in which direction the channel was pointing on 19. oct.
  • #1,868
  • Oct 27, 2011 6:24am Oct 27, 2011 6:24am
for some reason i keep getting an alert like this:

http://img265.imageshack.us/img265/9...1027132300.jpg

any ideas what does it mean?
  • #1,869
  • Oct 27, 2011 6:41am Oct 27, 2011 6:41am
Quoting blazko
for some reason i keep getting an alert like this:

http://img265.imageshack.us/img265/9...1027132300.jpg

any ideas what does it mean?
which one do you mean? the sell signal? or open window?
  • #1,870
  • Oct 27, 2011 6:48am Oct 27, 2011 6:48am
sell signal makes perfect sense
open window not at all
  • #1,871
  • Oct 27, 2011 6:52am Oct 27, 2011 6:52am
Quoting blazko
sell signal makes perfect sense
open window not at all
it's a feature which seller implemented a few days ago. go to your chart with the bot and press STRG + 0 to re-open the alert-window.
  • #1,872
  • Oct 27, 2011 8:21am Oct 27, 2011 8:21am
Quoting snowyHH
right now i'am thinking about avoiding false trades like last night/today, when a very strong trend dominates the market (especially after such important news like the eu decision last night) and it's too dangerous to trade reversals in such a market.

but how to identify the trend? maybe by looking at the trend channel in bigger timeframes?

according to this idea i took some screenshots from eurusd. on the first we see the H1 chart. beginning from the red line (19. oct. 2011, 19:00) we see a rising trend. this would be the point where we open...
Hi Snowy,

I agree 100%, the strategy was working fine when the market wasn't trending so strong.. Pullbacks in both directions and nice profits indeed

Now with this big movements all of my M15 reversal demos are getting their asses kicked!

What you suggest of using the H1 TMATrend to define the trend and take only buys/sells makes perfect sense! but what happens when we don't have a clear direction? Maybe we could use a TMA TREND with a minimum slope to define the trend as "bearish" or "bullish" and not only the direction? (This would have to be implemented into the EA though)
  • #1,873
  • Oct 27, 2011 9:17am Oct 27, 2011 9:17am
Quoting acostafulano
Hi Snowy,

I agree 100%, the strategy was working fine when the market wasn't trending so strong.. Pullbacks in both directions and nice profits indeed

Now with this big movements all of my M15 reversal demos are getting their asses kicked!

What you suggest of using the H1 TMATrend to define the trend and take only buys/sells makes perfect sense! but what happens when we don't have a clear direction? Maybe we could use a TMA TREND with a minimum slope to define the trend as "bearish" or "bullish" and not only the direction? (This would have...
watching old screenshots i just noticed that the tma trendchannel is being repainted.... this suxx!
  • #1,874
  • Oct 27, 2011 9:29am Oct 27, 2011 9:29am
Quoting snowyHH
watching old screenshots i just noticed that the tma trendchannel is being repainted.... this suxx!
How bout using, in order to achieve this exact effect, the TDIC1.... set to H1, and we even could set the minimum slope to something around 2 o'clock for buys and 4 o'clock for sells... (What would be the minimum slope input for this?)
  • #1,875
  • Oct 27, 2011 9:40am Oct 27, 2011 9:40am
Quoting snowyHH
watching old screenshots i just noticed that the tma trendchannel is being repainted.... this suxx!
haha really? it works for me

Pbh
  • #1,876
  • Oct 27, 2011 9:42am Oct 27, 2011 9:42am
Quoting acostafulano
How bout using, in order to achieve this exact effect, the TDIC1.... set to H1, and we even could set the minimum slope to something around 2 o'clock for buys and 4 o'clock for sells... (What would be the minimum slope input for this?)
that might be nedded to trade between a sentiment.. not to define it, therefore, it means you'll get many losses before starting to make profits.

I've been doing FUNDAMENTAL analysis here lately.. that's how bias for EAs should be properly found,... otherwise, every single EA would work right?

Pbh
  • #1,877
  • Oct 27, 2011 10:01am Oct 27, 2011 10:01am
Quoting Pbh
haha really? it works for me

Pbh
PBh are you using snowy's zone strategy with TMAChannel for direction confirmation?
  • #1,878
  • Oct 27, 2011 10:03am Oct 27, 2011 10:03am
Quoting acostafulano
PBh are you using snowy's zone strategy with TMAChannel for direction confirmation?
I'm using my own settings, saying whether only to buy, or sell... and constantly changing depending on the fundamental context.
  • #1,879
  • Oct 27, 2011 10:08am Oct 27, 2011 10:08am
Quoting snowyHH
right now i'am thinking about avoiding false trades like last night/today, when a very strong trend dominates the market (especially after such important news like the eu decision last night) and it's too dangerous to trade reversals in such a market.

but how to identify the trend? maybe by looking at the trend channel in bigger timeframes?

according to this idea i took some screenshots from eurusd. on the first we see the H1 chart. beginning from the red line (19. oct. 2011, 19:00) we see a rising trend. this would be the point where we open...
Yes, those would be the settings.
  • #1,880
  • Oct 27, 2011 10:12am Oct 27, 2011 10:12am
Quoting blazko
for some reason i keep getting an alert like this:

http://img265.imageshack.us/img265/9...1027132300.jpg

any ideas what does it mean?
When you press CTRL + zero the alert window will open. I added this because at times I want to go back and look at the alert window to see what was there. The "Open Window" is just something I put in the command when it opens, maybe I will put a setting in the EA properties so you can put what ever you want, Like "Good Morning".

Good Luck
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