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Trading Made Simple EA by Guess Whom

  • #2,561
  • Dec 13, 2011 9:43pm Dec 13, 2011 9:43pm
many thanks for this setfile max, - but which is the better timeframe H1 or M15, or can we use it on both? which gives better results or is it dual purpose?


Quoting maxzeus
heres a setup i have been testing last week on 1 pair EUR/JPY using the H1 - M15, now i added it to AUD/USD

please note it's a conservative style but in 5 trading days got a total of 100 pips in 5 trades, even if i had some losses it would have been small.

it's Important to note that trading any markets, try not to chase every single pip/point, also you will get losses it's part of the trading business, you just need to manage the win/loss ratio and toss the emotions aside.

i attached the set file in case some would like to test it...
  • #2,562
  • Dec 13, 2011 10:24pm Dec 13, 2011 10:24pm
Quoting blamshakk
many thanks for this setfile max, - but which is the better timeframe H1 or M15, or can we use it on both? which gives better results or is it dual purpose?
it's Dual TF confirmations, just put your charts on H1
Don't forget Practice + Patience + Persistence = Profits
  • #2,563
  • Dec 13, 2011 11:03pm Dec 13, 2011 11:03pm
Quoting PierreFX8888
Thanks again for another very interesting addition to your already succesful creation.

I had a 13 sma (price = close) on my TMA template.

The 10 sma on your charts, is it 10 sma price = close ?

Thanks in advance.


Cheers,
Pierre.
Mine is sma10 on the close, I believe it is what Phb is using in his last template.
  • #2,564
  • Dec 14, 2011 12:06am Dec 14, 2011 12:06am
Only sell
  • #2,565
  • Dec 14, 2011 12:44am Dec 14, 2011 12:44am
Quoting seller9
Mine is sma10 on the close, I believe it is what Phb is using in his last template.

Thank you sir !


Kind regards,
Pierre
  • #2,566
  • Dec 14, 2011 8:56am Dec 14, 2011 8:56am
Quoting Pbh
Only sell
so far, +100 pips, EA traded.
+190 myself, so it's a really good day, oh no, don't say thank you.
Okay I will take it, 10 pips comission
  • #2,567
  • Edited 12:23pm Dec 14, 2011 12:09pm | Edited 12:23pm
Hello guys

For quite some time i'm demotrading TMS, and today i discovered this EA.
Start reading from the page 1, but at 30 something i thought that is too much... and jumped to the last one

Now, after reading the user manual for 16 version(didn't find the one for 22), i have some problems.
First, I have in the right hand panel something that says "settings error" in red. Is that bad? What do i have to do to change that?
Second. I would like to program this EA to enter a trade as soon as it has a change in candle color and a breaching of 5EMA. This usually goes together with a TDI cross. Is that possible?

Thank you (for now)
  • #2,568
  • Edited 3:48pm Dec 14, 2011 2:33pm | Edited 3:48pm
Quoting Pbh
so far, +100 pips, EA traded.
+190 myself, so it's a really good day, oh no, don't say thank you.
Okay I will take it, 10 pips comission
Like I said in the past, the EA has a built in MONEY TRANSFER function that moves 10% of all Profits into my account.

Keep up the good work and keep those $$$$$$ s comming.

EDIT: Just REAL MONEY of course, no DEMO MONEY
  • #2,569
  • Dec 14, 2011 2:59pm Dec 14, 2011 2:59pm
Quoting tex_pn
Hello guys

For quite some time i'm demotrading TMS, and today i discovered this EA.
Start reading from the page 1, but at 30 something i thought that is too much... and jumped to the last one

Now, after reading the user manual for 16 version(didn't find the one for 22), i have some problems.
First, I have in the right hand panel something that says "settings error" in red. Is that bad? What do i have to do to change that?
Second. I would like to program this EA to enter a trade as soon as it has a change in candle color and a breaching...
You can have only one selection in either of the settings 5ema Candle Close or Ma Candle Close, otherwise you get that error. You can't have both "Use5emaCandleClose" and "Use5emaPA" selected at the same time, the EA will still work but the PA will trigger first, making the candle close selection useless, same for the MA settings. I don't know which one as you didn't say which alert in the right hand panel it was next to. You should have also gotten a pop up box warning of the error when you launched the EA.

Your trade alert with a candle color change is not possible in this version.
You can use candle close above 5ema, but that doesn't mean the previous candle was the opposite color and below the 5ema.
I may add it to the next version due out this weekend.

In order to understand what has been happening with this EA since Day One it would be a good idea to read the entire thread in order to understand how it can be used.

Good Luck
  • #2,570
  • Edited 4:34pm Dec 14, 2011 3:47pm | Edited 4:34pm
Here is the latest mess, I had a few minutes and it looks like it might work, so give it a try and let me know. It defaults to similar settings like Pbh has posted for the M15 durring the London session. Be sure and change the time settings to match your computer clock for the London session. The ones in the default settings are CST, so convert them to your time zone. I made 2 changes from what Pbh was using as settings.

1) I am using candle color change as a closing filter
2) I am also using a slope of 2.0, when I looked back at the bad trades it looked like the slope would have kept me out, but then hindsight always looks good.

The EA properties settings also has a different look now and it should be easier to set up and get through the long list.

The following filters have been added.

1) Last UP/Down Fractal Above/Below TMA Top/Bottom Line.
2) Last Up/Down Fractal Break.
3) Added candle color change across 5ema, Red/Blue for Long or Blue/Red for short, with the 5ema in the middle. Looking through the charts I don't see many instances where this happens on the M15, but maybe better on a different time frame, give it a try, I can always remove it.

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy_lastfractal.jpg Size: 129 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_frac_brk.jpg Size: 108 KB


Attachment

Sorry, found a couple errors in the file, I have reloaded with the fixed EA.
Attached File(s)
File Type: ex4 Experts_Tool_Box_V1.01.ex4   196 KB | 562 downloads
  • #2,571
  • Dec 14, 2011 4:02pm Dec 14, 2011 4:02pm
I came across PBH's post 2501 last weekend, and decided to try his settings with Seller9's suggestion of TdiC1 slope = 2 on a basket of 13 pairs today.

The pairs are GU, EU, AU, GJ, EJ, AJ, EURGBP, UJ, USDCHF, USDCAD, EURCHF, GBPCHF, EURCAD.

M15 TF, Demo account $10,000, lot = 0.1

The end result was quite outstanding. 4.5 % increase in the account in one session (+450 pips)

Thanks to Seller9 for your excellent work and PBH for his many contributions to the thread.


Cheers,
Pierre
Attached Image (click to enlarge)
Click to Enlarge Name: tms v22 m15 14-12-2011.gif Size: 58 KB
Attached File(s)
File Type: txt tms v22 settings m15 14-12-2011.txt   4 KB | 441 downloads
  • #2,572
  • Dec 14, 2011 4:03pm Dec 14, 2011 4:03pm
Here is an example of a M15 trade last night using the Pbh settings. As you can see it had a profit of 21 pips using those settings. Looking at the chart I thought it might be better to use Candle Color Change as an exit rather than the close above the 5 and 10 MAs, as it would have gained 18 more pips. So tonight I will try it with the different close setting and see what happens. (If we could only trade old charts we would all be rich)

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.jpg Size: 123 KB
  • #2,573
  • Dec 14, 2011 4:07pm Dec 14, 2011 4:07pm
Quoting PierreFX8888
I came across PBH's post 2501 last weekend, and decided to try his settings with Seller9's suggestion of TdiC1 slope = 2 on a basket of 13 pairs today.

The pairs are GU, EU, AU, GJ, EJ, AJ, EURGBP, UJ, USDCHF, USDCAD, EURCHF, GBPCHF, EURCAD.

M15 TF, Demo account $10,000, lot = 0.1

The end result was quite outstanding. 4.5 % increase in the account in one session (+450 pips)

Thanks to Seller9 for your excellent work and PBH for his many contributions to the thread.


Cheers,
Pierre
Correction : testing done on TMS V22 .

Cheers.
  • #2,574
  • Dec 14, 2011 4:07pm Dec 14, 2011 4:07pm
Quoting PierreFX8888
I came across PBH's post 2501 last weekend, and decided to try his settings with Seller9's suggestion of TdiC1 slope = 2 on a basket of 13 pairs today.

The pairs are GU, EU, AU, GJ, EJ, AJ, EURGBP, UJ, USDCHF, USDCAD, EURCHF, GBPCHF, EURCAD.

M15 TF, Demo account $10,000, lot = 0.1

The end result was quite outstanding. 4.5 % increase in the account in one session (+450 pips)

Thanks to Seller9 for your excellent work and PBH for his many contributions to the thread.


Cheers,
Pierre
Thats great, we get lucky once in a while.

If you have any losers look at the charts and see what I suggested in the previous post would have given you a few more pips. Sometimes the color change can also knock you out of a good long trade, but with auto restart turned on and if the conditions are still good it should put you back into the trade.

Good Luck
  • #2,575
  • Dec 14, 2011 4:14pm Dec 14, 2011 4:14pm
Quoting seller9
Thats great, we get lucky once in a while.

If you have any losers look at the charts and see what I suggested in the previous post would have given you a few more pips. Sometimes the color change can also knock you out of a good long trade, but with auto restart turned on and if the conditions are still good it should put you back into the trade.

Good Luck
Thanks again. Will try your new version of the robot and report back in the near future,


Cheers,
Pierre
  • #2,576
  • Dec 14, 2011 4:14pm Dec 14, 2011 4:14pm
Quoting PierreFX8888
I came across PBH's post 2501 last weekend, and decided to try his settings with Seller9's suggestion of TdiC1 slope = 2 on a basket of 13 pairs today.

The pairs are GU, EU, AU, GJ, EJ, AJ, EURGBP, UJ, USDCHF, USDCAD, EURCHF, GBPCHF, EURCAD.

M15 TF, Demo account $10,000, lot = 0.1

The end result was quite outstanding. 4.5 % increase in the account in one session (+450 pips)

Thanks to Seller9 for your excellent work and PBH for his many contributions to the thread.


Cheers,
Pierre
I just took a closer look at your chart and I see it must have been an earlier version of what Pbh was using on the M15 time frame, so what I previously said doesn't pertain to that set file.
  • #2,577
  • Dec 14, 2011 4:40pm Dec 14, 2011 4:40pm
ERROR

Please re-download from previous post as I found a bug and have fixed it and reloaded the file to the previous post.
  • #2,578
  • Dec 14, 2011 8:34pm Dec 14, 2011 8:34pm
I've seen the daily pips as high as 120, but you know the markets, and after the positions got closed, and by adding up the numbers we got this number of pips:

61.5 pips, 4 losers (as high as 10.3 pips), and 3 winners (as high as 40 pips)...

See? jumping stop really helps
Attached Image (click to enlarge)
Click to Enlarge Name: bum3..jpg Size: 50 KB
  • #2,579
  • Dec 14, 2011 9:14pm Dec 14, 2011 9:14pm
http://www.forexfactory.com/showthre...7077&page=1005

mmm, short only?
Yeap, short only again.
  • #2,580
  • Dec 14, 2011 9:23pm Dec 14, 2011 9:23pm
Quoting seller9
Here is an example of a M15 trade last night using the Pbh settings. As you can see it had a profit of 21 pips using those settings. Looking at the chart I thought it might be better to use Candle Color Change as an exit rather than the close above the 5 and 10 MAs, as it would have gained 18 more pips. So tonight I will try it with the different close setting and see what happens. (If we could only trade old charts we would all be rich)
Okay... I think I need to say I also had that in mind . BUT, again , I'd like to emphasize ... BUT, only on this "perfect days" (I mean anti-ranging days) we get better exits with candle color change and 5EMA candle close.

Okay, wait for it....

SO, this is the reason I came up with the jumping stop idea... because when we have nice days (trending), if the 10SMA shift 2 exit is still too late, we would get stopped out with nice profits. But in case it's just a fake exit (candle color change or 5EMA candle close), PA would resume it's first direction and get even more pips, and the stop would keep on jumping, and the 10SMA shift 2 would keep on moving (higher or lower) for better profits.
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