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Fratelli EA's

  • #181
  • Dec 5, 2011 6:36am Dec 5, 2011 6:36am
Quoting PierreFX8888
Not sure why the screen message in the bottom pic showed 3 wins and 1 loss. Only two trades were recorded in the account history. There was another EJ long on this demo taken at 7.10 hr GMT which was stopped out at 1 pip. No similar trade in the other demo as I realised a few minutes later that the Expert Advisers tab has not been turned on.

Cheers.
I got that AU trade (using latest version). Anyway, version doesn't matter, no upgrades made on latest that can influence that signal.I think problem with AU is lack of ticks that are sent to the offline chart.I was in the same situation a few days ago, on AU, all conditions met, but no trade.

Also, counter for wins/losses is based on Symbol() AND MagicNumber, also it reflects how many days you set on MT4 trades history tab.Make sure you use different Magic for every pair.

Hope that helps.
I don't say
  • #182
  • Dec 5, 2011 6:41am Dec 5, 2011 6:41am
Quoting dragosd1
I got that AU trade (using latest version). Anyway, version doesn't matter, no upgrades made on latest that can influence that signal.I think problem with AU is lack of ticks that are sent to the offline chart.I was in the same situation a few days ago, on AU, all conditions met, but no trade.

Also, counter for wins/losses is based on Symbol() AND MagicNumber, also it reflects how many days you set on MT4 trades history tab.Make sure you use different Magic for every pair.

Hope that helps.
Thank you for explaining. Have a nice day !

Cheers.
  • #183
  • Dec 5, 2011 10:48am Dec 5, 2011 10:48am
Quoting PierreFX8888
No momentum in the market this morning. Would really struggle to reach tp 20 let alone 25.

Therefore, reduce tp to 20, sl =20, BE =15, BE profit =1, turn off Use Extended TP, trail at 16.

PO 4 pips at candle close as above.

Broker's clock GMT+1.

Two trades this morning :

AU +20
EJ -8

The above results from using version 2.5 DD just before the latest update in post 1.

The latest version on a demo on another laptopp missed the AU long. Same settings, same broker, only a different version of the EA.

Cheers.
It is 16.30 hr GMT, one open trade (EJ short) closed manually for +2.

Here are the tally for today's trades :

EJ = +1, -9, -14, -25, +2 = - 45

AU = +20, +20, +20 = + 60

EU = +20

Total = + 35

The EA appears to be executing the trades correctly, no major glitches encountered.

I suspect trading activity will be rather subdued from the middle of this month till after the first week of January. During this period I expect this system will really struggle to be profitable. We shall see.

Cheers.
  • #184
  • Dec 5, 2011 9:27pm Dec 5, 2011 9:27pm
thanks, please keep us updated.
  • #185
  • Dec 5, 2011 10:19pm Dec 5, 2011 10:19pm
Quoting juzgood1978
thanks, please keep us updated.
You are welcome. Seems like the results compare quite favourably with those traded manually by the members in the main thread.

Comes in quite handy if one cannot sit in front of the PC all the time or when nature calls !

Cheers.
  • #186
  • Dec 6, 2011 5:18am Dec 6, 2011 5:18am
Hi there !
I'm quite surprised to see there are 3 EAs for this nice Fratelli's method ! Or... perhaps I should say 4 EAs... As I've written my own :-) Yet I've have to say, after checking your code, that mine is not so elaborated... The strategy may also differ a bit, as I use trailing stops.. Some would say it's not Fratelli's method anymore but... well.. anyway...
Seems that some of you guys managed to backtest on 10M ?! Might I ask you how you do that ?
Cheers
  • #187
  • Dec 6, 2011 6:29am Dec 6, 2011 6:29am
Quoting Fx Juju
Hi there !
I'm quite surprised to see there are 3 EAs for this nice Fratelli's method ! Or... perhaps I should say 4 EAs... As I've written my own :-) Yet I've have to say, after checking your code, that mine is not so elaborated... The strategy may also differ a bit, as I use trailing stops.. Some would say it's not Fratelli's method anymore but... well.. anyway...
Seems that some of you guys managed to backtest on 10M ?! Might I ask you how you do that ?
Cheers
Try Sir Steve's forum, Fratelli EA thread page 18. You may find your answer there.

Cheers.
  • #188
  • Dec 6, 2011 10:42am Dec 6, 2011 10:42am
Quoting PierreFX8888
It is 16.30 hr GMT, one open trade (EJ short) closed manually for +2.

Here are the tally for today's trades :

EJ = +1, -9, -14, -25, +2 = - 45

AU = +20, +20, +20 = + 60

EU = +20

Total = + 35

The EA appears to be executing the trades correctly, no major glitches encountered.

I suspect trading activity will be rather subdued from the middle of this month till after the first week of January. During this period I expect this system will really struggle to be profitable. We shall see.

Cheers.

Unfortunately, lost my broadband connection till 10.20 am GMT.

So, unable to record trades taken before 10.20 am, sorry. One last open order closed manually for -5 (AU long)

For for what it's worth, the trades taken from 10.20am to 16.30 pm GMT are as follows : Same settings as yesterday.

EU = 17, -10 = -27

AU = +20, -5 = +15

EJ = -13 pips.

Cheers.
  • #189
  • Dec 6, 2011 10:59am Dec 6, 2011 10:59am
Quoting PierreFX8888
Unfortunately, lost my broadband connection till 10.20 am GMT.

So, unable to record trades taken before 10.20 am, sorry. One last open order closed manually for -5 (AU long)

For for what it's worth, the trades taken from 10.20am to 16.30 pm GMT are as follows : Same settings as yesterday.

EU = 17, -10 = -27

AU = +20, -5 = +15

EJ = -13 pips.

Cheers.

Correction :

EU = -17, -10 = -27

Cheers.
  • #190
  • Dec 7, 2011 6:25am Dec 7, 2011 6:25am
start testing this ea since this morning..

but noticed that the ea doesn't trigger...

1. audusd 11:40am
2. eurusd 10:40am

when the candle drop below the 89ema

default setting..

anyone seeing the same thing?
  • #191
  • Dec 7, 2011 6:35am Dec 7, 2011 6:35am
and if I would like to have the ea only enter when it close above/below 89ema and do not enter for re-entry... is there anyway to set in the ea?

thanks!
  • #192
  • Dec 7, 2011 5:51pm Dec 7, 2011 5:51pm
Quoting PierreFX8888
Correction :

EU = -17, -10 = -27

Cheers.
A very choppy day in the market today.

Here are results :

EU = -21, -16, +20 = -17

AU = -15, -20, +1 (BE+1) = -34

EJ = -18, +20, +1 (BE+1) = +3

Total = -48 pips.

It is rather odd to see -16, -15,-18 in the results. All the SL are hard stops, no trailing. SL for EU = 25 with early adjust, SL for AU and EJ = 20.

I checked the account history, and the SL for all three pairs were set up correctly as above. Therefore, the result for EU should be either -25 or -10 if SL hit, and for AU and EJ the value should have been -20. Cannot explain why that did not happen.

Cheers.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu m10 7-12-2011.gif Size: 23 KB
Click to Enlarge Name: eurjpy m10 7-12-2011.gif Size: 22 KB
Click to Enlarge Name: au m10 7-12-2011.gif Size: 25 KB
  • #193
  • Dec 7, 2011 8:57pm Dec 7, 2011 8:57pm
Quoting PierreFX8888
A very choppy day in the market today.

Here are results :

EU = -21, -16, +20 = -17

AU = -15, -20, +1 (BE+1) = -34

EJ = -18, +20, +1 (BE+1) = +3

Total = -48 pips.

It is rather odd to see -16, -15,-18 in the results. All the SL are hard stops, no trailing. SL for EU = 25 with early adjust, SL for AU and EJ = 20.

I checked the account history, and the SL for all three pairs were set up correctly as above. Therefore, the result for EU should be either -25 or -10 if SL hit, and for AU and EJ the value should have been -20. Cannot explain...
Just one observation.

I do not think there will ever be a system where all the signals are traded even though PO is close to a pivot point, S/R levels etc. That would be too easy. A little bit of discretion and common sense will always be required in any trading strategy.

I use TMA as a guide in all of my trading. I have added the TMA to the charts.

If the longs are taken from below the middle band (yellow), and the shorts taken from above the yellow line, then we would have had two winners yesterday.

I think it is possible to add this filter to the EA. I have seen it in the Trading made simple EA thread. However, I am not a coder, and some may argue that the EA will not be trading the original Fratelli system anymore. Besides, Mr Dragosd1 is a busy man and is contributing to many other threads here and in another forum, and we shall not impose this on him.

We can trade the EA in its present form with manual confirmation, and only take those trades as above.

I have had a lot of fun demoing this EA for the past few days. I will be leaving it going for the next two months and then analyse the results. We had a few losing days recently but it is early days yet. It will be interesting to see the results in two months. December is historically not a good month for forex trading and this has to be taken into account.

Cheers.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu m10 7-12-2011.gif Size: 25 KB
Click to Enlarge Name: au m10 7-12-2011.gif Size: 27 KB
Click to Enlarge Name: eurjpy m10 7-12-2011.gif Size: 21 KB
  • #194
  • Dec 7, 2011 9:49pm Dec 7, 2011 9:49pm
Quoting PierreFX8888
Just one observation.

I do not think there will ever be a system where all the signals are traded even though PO is close to a pivot point, S/R levels etc. That would be too easy. A little bit of discretion and common sense will always be required in any trading strategy.

I use TMA as a guide in all of my trading. I have added the TMA to the charts.

If the longs are taken from below the middle band (yellow), and the shorts taken from above the yellow line, then we would have had two winners yesterday.

I think it is possible to add this...
Another observation.

Just add the TMA indi to 15 minutes charts for the three pairs above.

You will see that it filters out quite a few bad entries as well.

Of course, it will also filter out some winning entries, but the overall will be a gain.

There is no need to enter every available signal. Over-trading kills your account. One or two winning trades a day, then close shop and enjoy the rest of the day ! Just a suggestion. You do not have to agree. Try forward testing for one or two months and see what happens.

Cheers.
  • #195
  • Dec 7, 2011 10:16pm Dec 7, 2011 10:16pm
Quoting PierreFX8888
Another observation.

Just add the TMA indi to 15 minutes charts for the three pairs above.

You will see that it filters out quite a few bad entries as well.

Of course, it will also filter out some winning entries, but the overall will be a gain.

There is no need to enter every available signal. Over-trading kills your account. One or two winning trades a day, then close shop and enjoy the rest of the day ! Just a suggestion. You do not have to agree. Try forward testing for one or two months and see what happens.

Cheers.
Oops ! I just noticed that on the 15 minute charts, some of the entries are not valid if you use the MACD filter. The indi below the MACD is the Colour OSMA indi which is not part of the system.

I shall stop posting any more adaptions in case I get told to go away !

Cheers.

P.S. The EA was not turned on yesterday till later in the day.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu m15 7-12-2011.gif Size: 25 KB
Click to Enlarge Name: au m15 7-12-2011.gif Size: 27 KB
Click to Enlarge Name: ej m15 7-12-2011.gif Size: 26 KB
  • #196
  • Dec 7, 2011 10:46pm Dec 7, 2011 10:46pm
Quoting PierreFX8888
Oops ! I just noticed that on the 15 minute charts, some of the entries are not valid if you use the MACD filter. The indi below the MACD is the Colour OSMA indi which is not part of the system.

I shall stop posting any more adaptions in case I get told to go away !

Cheers.

P.S. The EA was not turned on yesterday till later in the day.
I hold a full time job and trade only in my spare time.

Are there any volunteers out there to start a new thread using the Super Trend candles, 89 ema, 2,15 lwma, TMA indi and Osma_color_Hist indi. It may turn out to be rather fruitful. For the past few days, this combination would have been profitable, even for GU pair. However, I would like to stress that it is only for the past few days, a longer period of testing is required. Doing this in another thread will avoid contaminating the original ideas which are excellent and has been the result of countless hours of hard work by Mr Fratelli and we have to thank him for it.

You can easily get the TMA indi and Osma_color_Hist indi by doing a search in FF.

Cheers.
  • #197
  • Dec 7, 2011 10:48pm Dec 7, 2011 10:48pm
Quoting PierreFX8888
I hold a full time job and trade only in my spare time.

Are there any volunteers out there to start a new thread using the Super Trend candles, 89 ema, 2,15 lwma, TMA indi and Osma_color_Hist indi. It may turn out to be rather fruitful. For the past few days, this combination would have been profitable, even for GU pair. However, I would like to stress that it is only for the past few days, a longer period of testing is required. Doing this in another thread will avoid contaminating the original ideas which are excellent and has been the result...
P.S. If you do volunteer, please point us in the right direction.

Cheers.
  • #198
  • Dec 7, 2011 11:05pm Dec 7, 2011 11:05pm
Quoting PierreFX8888
P.S. If you do volunteer, please point us in the right direction.

Cheers.
Any volunteers please ???

Here are more M15 charts.

Cheers.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu m15 7-12-2011.gif Size: 28 KB
Click to Enlarge Name: gj m15 7-12-2011.gif Size: 29 KB
Click to Enlarge Name: aj m15 7-12-2011.gif Size: 28 KB
  • #199
  • Dec 7, 2011 11:18pm Dec 7, 2011 11:18pm
Quoting PierreFX8888
Any volunteers please ???

Here are more M15 charts.

Cheers.
Please, if you do volunteer to undertake the project, please do not use the name Fratelli in the thread or any mention of "improvements". By all means acknowledge Mr Fratelli's brilliant ideas and hard work. This is just an adaptation of his original ideas.

Cheers.
  • #200
  • Dec 7, 2011 11:41pm Dec 7, 2011 11:41pm
Quoting PierreFX8888
Please, if you do volunteer to undertake the project, please do not use the name Fratelli in the thread or any mention of "improvements". By all means acknowledge Mr Fratelli's brilliant ideas and hard work. This is just an adaptation of his original ideas.

Cheers.

The only reason for the above request is to avoid confusion for members trading in the main thread and nothing else.

We would acknowlege again all the hard work undertaken by Mr Fratelli and many members who have contributed in the main thread.

Cheers.
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