Trading Made Simple EA by Guess Whom | Page 126 | 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

  • #2,501
  • Dec 9, 2011 10:50am Dec 9, 2011 10:50am
Quoting blazko

Similar situation on other two pairs - looks like a pretty clear short opportunity, yet not a single trade was taken
I don't know why you got so low profits... EURUSD entry was around 1.3330 okay and exit was at 1.3380... so GBPUSD might have had that same thing, and so GBPJPY... what are your exit settings?

And about the entry settings, please tell me if you have entry: TDI cross: false, TDI1C: true, TDI1C: M15, TDI1Cross (It has another name but you'll find it): false.

Those are the right settings, for the entries.
  • #2,502
  • Dec 9, 2011 12:54pm Dec 9, 2011 12:54pm
Quoting Pbh
I don't know why you got so low profits... EURUSD entry was around 1.3330 okay and exit was at 1.3380... so GBPUSD might have had that same thing, and so GBPJPY... what are your exit settings?

And about the entry settings, please tell me if you have entry: TDI cross: false, TDI1C: true, TDI1C: M15, TDI1Cross (It has another name but you'll find it): false.

Those are the right settings, for the entries.
Low profits are becouse i closed them manually before leaving for work.
What i was wondering was why shorts entry didnt fire.

My settings are based on your tpl:

http://img221.imageshack.us/img221/4...195205hhki.jpg
  • #2,503
  • Dec 9, 2011 1:42pm Dec 9, 2011 1:42pm
Stocks making a killing
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-12-09_1132.png Size: 23 KB
  • #2,504
  • Dec 9, 2011 2:14pm Dec 9, 2011 2:14pm
Quoting blazko
Low profits are becouse i closed them manually before leaving for work. What i was wondering was why shorts entry didnt fire. My settings are based on your tpl:
okay, you need to change these settings:

UseTdiCross to false
UseTdiSlope to false
Use TDIC1 to true
then scroll down and you will find these settings:
TDIC1Timeframe, be sure it's set to M15
ConfirmCrossC1, be sure it's set to false

and post the setfile please

I'd also like to see if seller included the SL settings (jumping stops, BE pips) so please post that too

emm, and I think, i read somewhere here that setfile has AutoRestartRobot set to false.. that would mean, taking only one trade per pair, so be sure it's set to true.

  • #2,505
  • Dec 9, 2011 2:16pm Dec 9, 2011 2:16pm
Don't have time right now but will post this week end the next version that uses Fractals. I have been testing it on the M30 with real good luck.
Last night it took 8 trades and 6 were winners. The 2 loses would have been winners but I was using candle change color as an exit and they got kicked out of the trade. Looking over the charts I think I would have been better off using a fixed TP multiplier of arounf 2.5. So will make that change and wait for next weeks market to open as I am done for this week.
Last night I made 168 pips running the EA on 10 Pairs, Live Account, no manual intervention. 2 - 10 CST and didn't miss a minute of sleep. I go to bed before London opens and check the results in the morning.

Will post update this weekend when I get a free moment.

Good Luck
  • #2,506
  • Dec 9, 2011 3:04pm Dec 9, 2011 3:04pm
Quoting Pbh
I think US will open bullish, and that london close would proabbly give the short signal.
The robot took 60 pips out of that pair on the M30. I didn't quite get all of it as it was closed by candle change color late, but good enough. I will be testing other exits to try and get a few more pips out of this type of trade.

Here is how the next version handled that trade all by itself on a live account. You will notice that at the close of the Long Trade there was a setup for a short trade that would have been entered, but as I was set to take just one trade it did not open that one, that would have been around another 20 pip gain for the short.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 46 KB
  • #2,507
  • Edited 11:47pm Dec 9, 2011 3:58pm | Edited 11:47pm
Take a look at the cut and paste I did of your screen shot and see how I explained why the EA did not take the trade of your first example, the others are probably similar, I didn't take a close look, but you should get th idea from the cut and paste below.

Edit: The Candle Close 13ma probably kept you out of the trade.

The EA is Fussy

Good Luck

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.jpg Size: 140 KB
  • #2,508
  • Dec 9, 2011 6:58pm Dec 9, 2011 6:58pm
Quoting Pbh
okay, you need to change these settings:

UseTdiCross to false
UseTdiSlope to false
Use TDIC1 to true
then scroll down and you will find these settings:
TDIC1Timeframe, be sure it's set to M15
ConfirmCrossC1, be sure it's set to false

and post the setfile please

I'd also like to see if seller included the SL settings (jumping stops, BE pips) so please post that too

emm, and I think, i read somewhere here that setfile has AutoRestartRobot set to false.. that would mean, taking only one trade per pair, so be sure it's set to true. ...
Here you go.

Attached File(s)
File Type: txt TMS(22)_M15_phb.txt   4 KB | 597 downloads


Edit: I notice seller is saying to also use the TDICI slope.
Good Trading
  • #2,509
  • Dec 9, 2011 7:36pm Dec 9, 2011 7:36pm
Quoting seller9
Don't have time right now but will post this week end the next version that uses Fractals. I have been testing it on the M30 with real good luck.
Last night it took 8 trades and 6 were winners. The 2 loses would have been winners but I was using candle change color as an exit and they got kicked out of the trade. Looking over the charts I think I would have been better off using a fixed TP multiplier of arounf 2.5. So will make that change and wait for next weeks market to open as I am done for this week.
[b]Last night I made 168 pips running the...
Nice Seller9

is'nt it fun to be able to "Earn PIPs" while sleeping

also your Fractals addition will be awesome for Reversal / Bounce type Strategies
Don't forget Practice + Patience + Persistence = Profits
  • #2,510
  • Dec 9, 2011 11:44pm Dec 9, 2011 11:44pm
Quoting aud
Here you go.

Attachment

Edit: I notice seller is saying to also use the TDICI slope.
I think its best to have some slope to stop it from jumping in and out of trades if the Green and Red lines are right on top of each other.

But what ever works, use it.

Good Luck
  • #2,511
  • Dec 10, 2011 3:16am Dec 10, 2011 3:16am
Quoting seller9
Take a look at the cut and paste I did of your screen shot and see how I explained why the EA did not take the trade of your first example, the others are probably similar, I didn't take a close look, but you should get th idea from the cut and paste below.

Edit: The Candle Close 13ma probably kept you out of the trade.
This example explains a lot!
I will have to run multiple Forward testes from monday with just slight modifications.

Doi you guys backtest (say on dukascopy data) this ea or its just a waste of time?
  • #2,512
  • Dec 10, 2011 12:16pm Dec 10, 2011 12:16pm
Quoting aud
Here you go.

Edit: I notice seller is saying to also use the TDICI slope.
Thanks, I don't use the TDIC1 slope, option, I don't even use the slope.
because, when you cross the 10SMA shift 2, that candle could be with or without "strenght" because it has already done the "breakout" by crossing the 5EMA.

I hope that makes sense.
  • #2,513
  • Dec 10, 2011 12:20pm Dec 10, 2011 12:20pm
Quoting blazko
This example explains a lot!
I will have to run multiple Forward testes from monday with just slight modifications.

Doi you guys backtest (say on dukascopy data) this ea or its just a waste of time?
"aud" posted the setfile without the most probable problem that kept you out of those trade, which was the TDI "cross".

Seller has explained me in the past that the cross works on 2 candles (I guess), so he suggested me to use TDIC1 confirmation, with no cross, just a line below the other. So, this 2 candle limitation would not harm any trading possibility.

You know what, I'm downloading TMSV22, and checking the setfile so I check every setting, but I'm doing it later because I'm waiting on my "Forex Trading" monography for school.

The only reason I haven't downloaded the TMSV22, is that I wanted to keep it simple , but I'm doing it later.
  • #2,514
  • Dec 10, 2011 5:46pm Dec 10, 2011 5:46pm
Quoting seller9
The robot took 60 pips out of that pair on the M30. I didn't quite get all of it as it was closed by candle change color late, but good enough. I will be testing other exits to try and get a few more pips out of this type of trade.

Here is how the next version handled that trade all by itself on a live account. You will notice that at the close of the Long Trade there was a setup for a short trade that would have been entered, but as I was set to take just one trade it did not open that one, that would have been around another 20 pip gain for...
Mr Seller9, sir

Why do you use TMA True rather than TMA indi, please ?

Thanks in advance.


Pierre.
  • #2,515
  • Edited Dec 11, 2011 11:41pm Dec 10, 2011 11:42pm | Edited Dec 11, 2011 11:41pm
and I used the EA that's posted here:

http://www.forexfactory.com/showthre...51#post5171651

to make the template... That's the latest version I found, V22.

So... What this will do is, jump in a trade every time a candle crosses and closes above/below the 5EMA and 10 SMA shift 2, with a TDI confirmation of a line below/above the other. Having in consideration the zone.

Break Even will be set after being +40, and jumping stop (40 pips) will start after BE.

And the trade can be closed due to the SL settings, or because of a candle cross and close above/below 10 SMA shift 2.

ADD: Remember you MUST change the time to your local time from 02:00 to 13:00 EST in the trading hours settings.
Attached Image (click to enlarge)
Click to Enlarge Name: bum1.jpg Size: 94 KB
Attached File(s)
File Type: tpl tms_15min_pbh.tpl   47 KB | 453 downloads
  • #2,516
  • Dec 11, 2011 2:00am Dec 11, 2011 2:00am
As you may know.. I'm working on a monography, look at what I came up with

(See picture below)

cool, huh?

I guess I would be a good PA trader
Attached Image (click to enlarge)
Click to Enlarge Name: Zonas de oferta y demanda - 1H EURUSD.jpg Size: 107 KB
  • #2,517
  • Dec 11, 2011 2:30am Dec 11, 2011 2:30am
Good morning or good night for you, I do not know, however, a greeting
  • #2,518
  • Dec 11, 2011 2:52am Dec 11, 2011 2:52am
Quoting Pbh
So... What this will do is, jump in a trade every time a candle crosses and closes above/below the 5EMA and 10 SMA shift 2, with a TDI confirmation of a line below/above the other. Having in consideration the zone.

Break Even will be set after being +40, and jumping stop (40 pips) will start after BE.

And the trade can be closed due to the SL settings, or because of a candle cross and close above/below 10 SMA shift 2.
Thanks! Will test that from Monday!

Also i was looking thru the forum, searching for a rationale for using the 4 pairs you mentioned before (EU, GU, EJ, GJ) but found nothing. If time allows, could you please point me a post explaining this or just leave a line or two about that matter here?

Best regards
  • #2,519
  • Dec 11, 2011 3:01am Dec 11, 2011 3:01am
Quoting blazko
Thanks! Will test that from Monday!

Also i was looking thru the forum, searching for a rationale for using the 4 pairs you mentioned before (EU, GU, EJ, GJ) but found nothing. If time allows, could you please point me a post explaining this or just leave a line or two about that matter here?

Best regards
No problem, I'm about to go to sleep so if you have any other question, don't hesitate to ask it ... about.. now.

The reason I prefer these 4 pairs (EU, GU, EJ and GJ) for trading is that they are more sensitive to the market cycle (that I explained here: http://www.forexfactory.com/showthre...11#post5196211), therefore more "able" to give us enough swings for a couple of trades (that are worth it) a day.
  • #2,520
  • Dec 11, 2011 3:03am Dec 11, 2011 3:03am
Quoting Pbh
I'm about to go to sleep
Here's the proof that I do sleep
2 traders viewing now