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Trading Made Simple EA by Guess Whom

  • #2,581
  • Edited 9:53pm Dec 14, 2011 9:26pm | Edited 9:53pm
Quoting seller9
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...
awesome gonna install and test it out

BUT i have to wait for my 2 Daily Trades to Close before it's now up over 200 pips, did'nt try yet closing and re-opening MT4 to see if the EA will cotinue to monitor my open trades ?

EDIT: ok i closed my platform to install the ToolBox but keeping the TMSv22 on my 2 open daily trades will test to check if the EA keeps monitoring and moving my candletrailstop
Don't forget Practice + Patience + Persistence = Profits
  • #2,582
  • Dec 14, 2011 9:33pm Dec 14, 2011 9:33pm
Example of fake candle color change exit on EURJPY, +4 pips less spread against +75 pips less spread.

If you are doing the testing anyways I highly recommend only to use 5EMA candle close.. it is actually safer if you want to quit fast, but... if you like longer profits I would still prefer the 10SMA shift 2.

Actually, there's a trader here that is using 5EMA candle close as his exit option.
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  • #2,583
  • Dec 14, 2011 10:47pm Dec 14, 2011 10:47pm
Quoting Pbh
Example of fake candle color change exit on EURJPY, +4 pips less spread against +75 pips less spread.

If you are doing the testing anyways I highly recommend only to use 5EMA candle close.. it is actually safer if you want to quit fast, but... if you like longer profits I would still prefer the 10SMA shift 2.

Actually, there's a trader here that is using 5EMA candle close as his exit option.
Thats a nice example.
  • #2,584
  • Dec 14, 2011 10:55pm Dec 14, 2011 10:55pm
Quoting seller9
Thats a nice example.
Glad you liked it, here's another good example.
candle color change: -7 pips
5EMA candle close: +30
10SMA shift 2 candle close:+27
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  • #2,585
  • Dec 14, 2011 10:58pm Dec 14, 2011 10:58pm
Quoting Pbh
Glad you liked it, here's another good example.
candle color change: -7 pips
5EMA candle close: +30
10SMA shift 2 candle close:+27
So what are you using for exits now?

Jumping Stop? What settings?
OR
The 10 ma cross?

Thanks
  • #2,586
  • Dec 14, 2011 11:02pm Dec 14, 2011 11:02pm
Quoting seller9
So what are you using for exits now?

Jumping Stop? What settings?
OR
The 10 ma cross?

Thanks
haha them both... the first one that gets confirmed (it's in the last template I posted), for example:

Today we had a EURUSD short that was as high as +85 so the SL jumped to +40, and the PA moved towards 1.3000 so we got stopped out at +40 pips before the candle closed-
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  • #2,587
  • Dec 14, 2011 11:10pm Dec 14, 2011 11:10pm
The euro was a doomed project from the start, and now we are starting to see the endgame play out. Today, the euro fell to an 11-month low against the U.S. dollar. As I write this, the EUR/USD is at 1.2983. Back in July, the EUR/USD was over 1.45. As panic has swept the financial markets, the euro has lost more than 3 percent over the past three days. But this is just the beginning. When the euro drops below 1.20, analysts will talk about the collapse of the euro. When the euro falls toward parity with the dollar, headlines around the world will scream about the death of the euro. But when the European financial system finally collapses, we may very well actually see the end of the euro. Yes, it actually could happen. The eurozone, as it is currently constructed, simply does not work. You just can't take 17 different nations that have 17 different fiscal policies, 17 different tax policies and 17 different economic agendas and cram them all into a single currency and expect the thing to work. The euro is a doomed currency, and if a big nation like Germany decides to walk away at some point the game is going to be over.

http://theeconomiccollapseblog.com/a...nd-of-the-euro
  • #2,588
  • Dec 14, 2011 11:16pm Dec 14, 2011 11:16pm
OK, will give JS a try tonight.
  • #2,589
  • Dec 14, 2011 11:53pm Dec 14, 2011 11:53pm
Here is the sequence as to how the Jumping Stop
works for a Open Buy Order:

if Ask >= Order Open Price + JumpingStopPips
Then Stop Loss is = to the Order Open Price
if AddBEP = true
Then Stop Loss is = to Order Open price + BreakEvenProfit
Order then modified

if Bid >= Stop Loss + (JumpingStopPips * 2)
And Stop loss >= Order Open Price
Then Stop Loss is = to Stop Loss + JumpingStopPips
Order then modified
  • #2,590
  • Dec 14, 2011 11:55pm Dec 14, 2011 11:55pm
so.. I'm following the results, and so far, for the last 3 trading days we got:
2.532% increase (1:2 leverage) by trading GBPUSD, EURUSD; GBPJPY and EURJPY = 126.6 pips (3 days).

Okay, we are following this Don't forget that we are only selling today also.
  • #2,591
  • Dec 15, 2011 12:04am Dec 15, 2011 12:04am
Here is a trade that the EA took a little bit ago with Max's H1 settings, will see how it goes.

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  • #2,592
  • Dec 15, 2011 12:05am Dec 15, 2011 12:05am
My SL is too narrow, so... I think I will try to look for better SL settings regarding to the intial stop, I think some brokers might not allow spreads that are less than 10 pips, but never mind, I don't want the EA to short just yet, so won't change it and see.
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  • #2,593
  • Dec 15, 2011 12:19am Dec 15, 2011 12:19am
Quoting Pbh
My SL is too narrow, so... I think I will try to look for better SL settings regarding to the intial stop, I think some brokers might not allow spreads that are less than 10 pips, but never mind, I don't want the EA to short just yet, so won't change it and see.
In versions before the Expert version if you didn't select any Stop Loss settings it would default to the Highest or Lowest of the last 2 candles as its stop loss. In the new Expert version you can turn that off so the EA will send no Stop Loss with everything set to zero.
  • #2,594
  • Edited 2:11am Dec 15, 2011 1:10am | Edited 2:11am
hi Seller9.

Thank you for your reply. Finally managed to make it work.It was quite simple, but i was lost in so many options . BTW, very nice work and commitment
1 question. Where can i find your dashboard? I'm planning not to let the EA to autorestart itself, as a precaution
2 it's just me, or the EA really does this. If i tell it to take only 10 pips, and after closing that trade, it thinks that the rules "are still" in place it enters again? Is there a setting to tell it to stop until next event appears? Or just something that tells it that a cross can only be speculated once. I understand that it checks for a cross and price action to be above 5EMA but these conditions are true until the price reverses, and this could make some holes in your account, depending on your SL settings.
  • #2,595
  • Dec 15, 2011 3:10am Dec 15, 2011 3:10am
Quoting tex_pn
hi Seller9.

Thank you for your reply. Finally managed to make it work.It was quite simple, but i was lost in so many options . BTW, very nice work and commitment
1 question. Where can i find your dashboard? I'm planning not to let the EA to autorestart itself, as a precaution
2 it's just me, or the EA really does this. If i tell it to take only 10 pips, and after closing that trade, it thinks that the rules "are still" in place it enters again? Is there a setting to tell it to stop until next event appears? Or just something that tells...
Hi Tex.
I think,
After closing a trade,if you turn the Auto restart off,the EA shouldn't take another trade till you turn it back on again.
  • #2,596
  • Edited 7:06am Dec 15, 2011 6:39am | Edited 7:06am


It is the way i am testing it right now... but, like this, it looks more like a crippled robot than an automatic one.

Thx for the tip.

What bothers me more is if the condition are met at the time of reseting, the robot enters the trade and there is chance, big enough, that the trend is already over....
  • #2,597
  • Dec 15, 2011 9:49am Dec 15, 2011 9:49am
Quoting tex_pn
hi Seller9.

Thank you for your reply. Finally managed to make it work.It was quite simple, but i was lost in so many options . BTW, very nice work and commitment
1 question. Where can i find your dashboard? I'm planning not to let the EA to autorestart itself, as a precaution
2 it's just me, or the EA really does this. If i tell it to take only 10 pips, and after closing that trade, it thinks that the rules "are still" in place it enters again? Is there a setting to tell it to stop until next event appears? Or just something that tells...
If you set auto restart to false it will only take one trade and then stop.
Signals come and go, even in a long trend. The Robot will not restart if the same signals are present, but if one briefly changes state for one Tic this would signal a restart if no trade is presently open on that pair.
  • #2,598
  • Dec 15, 2011 9:59am Dec 15, 2011 9:59am
Here is the Dash Board I presently use.
I also included some documents, they aren't up to date but may help.

Attached Image


Attached File(s)
File Type: zip DashBoard.zip   16 KB | 1,151 downloads


Attached File(s)
File Type: zip Documents.zip   1.8 MB | 1,346 downloads
  • #2,599
  • Dec 15, 2011 11:35am Dec 15, 2011 11:35am
Set up on 4 Pair, EURUSD, GBPUSD, EURJPY, GBPJPY on the M15, 4 winners and 0 losers, about 45 pips while I was sleeping, using just a TP multiplier of 1.0. You can increase this to get more out of the trade or leave it at 0 and let your close settings take you out. I also had the EA set to take just one trade by setting autorestart to false.
If you use the template be sure to adust your Trade Times, the ones in the template are for CST.

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Here is the template

Attached File(s)
File Type: tpl etb_m15_seller9.tpl   49 KB | 750 downloads
  • #2,600
  • Dec 15, 2011 12:52pm Dec 15, 2011 12:52pm
Here is Max's H1 template for the Expert EA.

You need Hanover loaded for it to work properly.

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Attached File(s)
File Type: tpl etb_h1_max.tpl   26 KB | 746 downloads
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