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  • #141
  • Edited 7:10pm Jan 25, 2012 6:49pm | Edited 7:10pm
Quoting Jacob-
Seller, Max, Guys,

I'm trying to find out the best trade closure signal but I'm confused.

BE set up is not the perfect option - thats what I was using.

I can't find out what set up will help me to close the trade when 5LWMA will cross 5MA Shift 2 on M15 - would you advise please, I need your help.


Do you have any other interesting ideas?

thanks a lot

Jacob

My Favorite settings for SL or Exits are:

CandleTrailingStop 1x Candle with or without a 10 pip offset
Use5emaCandleClosed
UseCandleColorChangeClose (M30 and over)
Use5LWMAcross
UseTdiCloseONflat

Others i like but depends on the Pair & TimeFrame or Risk Management

UseStaticTdiCloseONcross
UseCCIlevelClose
UseProfitAmount
UseLossAmount
JumpingStop instead of CandleTrail

On lower TF's it's tricky even using a specific "TP Multiplier" is good as long as the average win/loss ratio is constantly profitable.

My Goal is only 100 pips a week for now, yes it's low but thats what im after if i see im getting more ill set 150/200pips per week average, heck if you see some of the other TMS boards some traders are getting that everyday, so it is posssible, but instead of having a daily goal, it's better to have a weekly goal, because it relieves the emotional stressfull part of trading...IMO so if i would have a daily goal i would only need 20 pips a day average and that can be obtained easily.

if you look at my Trade Explorer i have a Open Trade on AUD/JPY since last friday (daily) up now +240 pips.

Don't forget Practice + Patience + Persistence = Profits
  • #142
  • Jan 26, 2012 12:44pm Jan 26, 2012 12:44pm
I will check this out, thanks Max!
“The harder you work, the harder it is to surrender.” - Vincent Lombardi
  • #143
  • Jan 26, 2012 8:14pm Jan 26, 2012 8:14pm
I have been doing a lot of setting in front of the computer screen the last few weeks and have made some changes and additions to the tool box. The only way I can tell if the improvements work are to watch as they happen. It doesn't help to put out the next version just yet untill I am convinced that everything is working the way it should be as I can make the corrections on the fly if needed. I have been trying to perfect a way to trade the M15 with some additional settings in the EA that let you get in quicker and out quicker. I am also making some changes to the BE part of the code to see if I can get rid of the 130 errors. I have also added some THV alerts, so you may want to go over to the THV forum and refresh your brain on just what those are and how they trade them.
1) THV Coral trend
2) THV Cloud
3) Fast Trix
4) Slow Trix
5) Trix Cross
Also
1) Reverse trade has been added so if you think you have the perfect solution that loses every time you can now take the opposite trade and win every time.
2) You can now set the trade window to wait a set number of minutes before jumping into a trade.
3) TDI Cross will now have a setable look back of from 0 to 5 candles, may come in handy when used with lagging indicators such as MAs that always seem to cross after the initial TDI Cross which may have happened more than one candle in the past, this gives you a wider trade window.
4) The Dynamic TDI Cross setting has been removed and replaced with a setting that will let you trade on the first candle of the cross, this may come in handy when trying to trade the shorter time periods. Also with the addition of the reverse candle window you can set your wait time in minutes or fraction of before jumping into the trade on the first candle after the cross.
5) Also added two adustable moving averages you can use as a cross alert.
6) Added three more candle patterns that can be used for those reversals that seem to happen at the beginning of the London session. By setting your start time to 1 hour after London opens you should be able to catch a few of these with the 3 new patterns.
7) Added an adjustable RSI
8) Added an ATR setting so you can determine what percentage of the ATR you want your closed signal candle to be to allow a trade.

I think that covers everything along with some code fixes, now I just want to make sure everything is working the way I think it should.
I know you all want to get yours hands on this new version for testing but its better if I do the initial testing because I know what the code should be doing and its easier that way than having everyone have different problems. Keep your hats on and keep keep improving the present set files, I think we are real close.

Good Luck
  • #144
  • Jan 27, 2012 12:03am Jan 27, 2012 12:03am
For the last few hours I have been trying some of the new settings in v1.04 on 12 pairs on the M30 period with it set to trade 24 hours. Results look good so far as the winners are bigger than the losers. Here are the results so far and an example of the very simple chart with alerts being used. In this example EURJPY had taken 2 trades so far. The MA on the chart is the M30 Coral which I am using for direction for a Buy or Sell. The white MA line is not being used. I am also taking the trade on the first candle of the cross and waiting 1 minute after this candle opens to look for the trade. AS can be seen by the Buy times the closest one to that 1 minute wait was the one at 6:02, the others took place later on in the 30 minute candle period when the other conditions were met.
The first trade was closed by the exit signal while the second trade hit the Take Profit.
14 trades
8 winners
6 losers
3 hit TP
The main thing was the exit strategy was keeping the losers smaller than the winners.

Attached Image (click to enlarge)
Click to Enlarge Name: Results_M30.jpg Size: 72 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Example.jpg Size: 110 KB
  • #145
  • Jan 27, 2012 12:43am Jan 27, 2012 12:43am
Hi seller9,

i still use your ea v.03,
i found a little bug here, if i use tdiC1range true, it not work, but slope and cross work good??

look your new version is more completed tool box,,
i see that a new 5 day range, can we set TP with this new tool?
look your screen shot ej, range 107 pip, can we TP 107 pip from high today?

do you not use hanover again? why if i use hanover D1, one slope up from 0 and other slope down from 100 that ea didn't take a trade??

thanks
  • #146
  • Jan 27, 2012 9:28am Jan 27, 2012 9:28am
Quoting tribe
Hi seller9,

i still use your ea v.03,
i found a little bug here, if i use tdiC1range true, it not work, but slope and cross work good??

look your new version is more completed tool box,,
i see that a new 5 day range, can we set TP with this new tool?
look your screen shot ej, range 107 pip, can we TP 107 pip from high today?

do you not use hanover again? why if i use hanover D1, one slope up from 0 and other slope down from 100 that ea didn't take a trade??

thanks
Will check out the TdiC1 Range.
No
I haven't found where Hanover is doing much fore me yet, so have gone to other ideas and mey retry Hanover at a leter time.
  • #147
  • Jan 27, 2012 9:37am Jan 27, 2012 9:37am
Here is the list of trades so far on M30 with the new version and settings, same as previous post with some additions, looks good, it runs 24/7, will give it some more time and see if any changes need to be made.

27 trades
17 winners, $29.29
10 losers, $6.23
lot = .01
Profit = $23.06

I am using TP Multiplier of 2.0 and a Stop Loss of 3.0 and an exit on reversal, seems to work OK, more testing to be done though.


Attached Image (click to enlarge)
Click to Enlarge Name: Trades.jpg Size: 143 KB
  • #148
  • Jan 27, 2012 9:54am Jan 27, 2012 9:54am


Hi,
which trend you use for this profitz?
is that new thv coral?
i see that only 4 set up? no need much filter

it run 24/7 that mean asian sesion too?

thanks



Quoting seller9
Here is the list of trades so far on M30 with the new version and settings, same as previous post with some additions, looks good, it runs 24/7, will give it some more time and see if any changes need to be made.

27 trades
17 winners, $29.29
10 losers, $6.23
lot = .01
Profit = $23.06

I am using TP Multiplier of 2.0 and a Stop Loss of 3.0 and an exit on reversal, seems to work OK, more testing to be done though.

  • #149
  • Jan 27, 2012 11:15am Jan 27, 2012 11:15am
"I am using TP Multiplier of 2.0 and a Stop Loss of 3.0 and an exit on reversal, seems to work OK, more testing to be done though."

Please state your reversal rules so as to make a better judgment. Thanks.
  • #150
  • Jan 27, 2012 1:10pm Jan 27, 2012 1:10pm
Hi guys,
can anybody help me with EA/indicator that draws arrows on charts???!!!!

I use eclipse to draw lines and then add triangles...it's pathetic...
and Im really tired of it...lol..

Help appreciated!!!
regards, G

ps. Mobthehop...forgot the thank you for previous EA.., they were not exactly what I was looking for, but thanx for posting anyways!!!
  • #151
  • Jan 27, 2012 1:49pm Jan 27, 2012 1:49pm
Quoting tribe


Hi,
which trend you use for this profitz?
is that new thv coral?
i see that only 4 set up? no need much filter

it run 24/7 that mean asian sesion too?

thanks
Yes I was using the new Coral Trend, comparing what the coral was 5 candles back to the present candle for a Buy or Sell.
I was just trying to get in very quickly by looking for the TDI Cross on the first candle with a wait of 1 minute before jumping in and then getting out with minimum loss if the TP was not hit, so very few filters were used.
I just let it run 24/7 all by itself with no intervention, some more testing and maybe tweaking will tell if it can sustain the results I got last night.
Friday Morning when the London session closes I shut everything down for the week, around 9 or 10 AM CST.
  • #152
  • Jan 27, 2012 1:57pm Jan 27, 2012 1:57pm
Quoting yamez
"I am using TP Multiplier of 2.0 and a Stop Loss of 3.0 and an exit on reversal, seems to work OK, more testing to be done though."

Please state your reversal rules so as to make a better judgment. Thanks.
In the new version under test I am using something similar to the candle change color rule, but instead I am using the real Open and Close. If I am in a Short Trade as the price moves down the Close should be Lower than the Open when a candle closes and this should continue as the PA moves down. If the Close closes above the Open then at the open of the next candle the trade will close. As long as you don't have any monster reverse candles you should be OK, but once in a while you may get caught by one. Most of the time the trend will slow down and you will have smaller candles as it tires and then you will get the close signal.
  • #153
  • Jan 27, 2012 3:25pm Jan 27, 2012 3:25pm
If anyone wants to take a gandor at this BE Code and see why it likes to give 130 errors I would appreciate it as my head hurts.

void BreakEvenStopLoss()
{
if (HideBreakEvenStop)
{
bool TradeClosed = CheckForHiddenStopLossHit(OrderType(), PipsAwayFromVisualBE, OrderStopLoss() );
if (TradeClosed) return;
}
bool result;
if (OrderType()==OP_BUY)
{
if (Bid >= OrderOpenPrice () + (Point*BreakEvenPips) &&
OrderStopLoss()<OrderOpenPrice())
{
while(IsTradeContextBusy()) Sleep(100);
result = OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(OrderOpenPrice()+(BreakEvenProfit*Point), Digits),OrderTakeProfit(),0,CLR_NONE);
if (result==true)Alert("Breakeven set on ", OrderSymbol(), " ticket no ", OrderTicket());
Print("Breakeven set on ", OrderSymbol(), " ticket no ", OrderTicket());
if (!result)
{
int err=GetLastError();
Alert("Setting of breakeven SL ", OrderSymbol(), " ticket no ", OrderTicket()," failed with error (",err,"): ",ErrorDescription(err));
Print("Setting of breakeven SL ", OrderSymbol(), " ticket no ", OrderTicket()," failed with error (",err,"): ",ErrorDescription(err));
}
}
}
if (OrderType()==OP_SELL)
{
if (Ask <= OrderOpenPrice() - (Point*BreakEvenPips) &&
(OrderStopLoss()>OrderOpenPrice()|| OrderStopLoss()==0))
{
while(IsTradeContextBusy()) Sleep(100);
result = OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(OrderOpenPrice()-(BreakEvenProfit*Point), Digits),OrderTakeProfit(),0,CLR_NONE);
if (result==true)Alert("Breakeven set on ", OrderSymbol(), " ticket no ", OrderTicket());
Print("Breakeven set on ", OrderSymbol(), " ticket no ", OrderTicket());
if (!result)
{
err=GetLastError();
Alert("Setting of breakeven SL ", OrderSymbol(), " ticket no ", OrderTicket()," failed with error (",err,"): ",ErrorDescription(err));
Print("Setting of breakeven SL ", OrderSymbol(), " ticket no ", OrderTicket()," failed with error (",err,"): ",ErrorDescription(err));
}
}
}
}
  • #154
  • Jan 27, 2012 3:26pm Jan 27, 2012 3:26pm
Not quite done yet but take a look.

Attached File(s)
File Type: pdf Experts Tool Box v104.pdf   1.7 MB | 2,743 downloads
  • #155
  • Edited 5:46pm Jan 27, 2012 5:32pm | Edited 5:46pm
Quoting seller9
Not quite done yet but take a look.

Attachment
Nice job on the PDF seller9, really well done, it's clean and well detailed
Don't forget Practice + Patience + Persistence = Profits
  • #156
  • Jan 27, 2012 5:39pm Jan 27, 2012 5:39pm
Quoting seller9
If anyone wants to take a gandor at this BE Code and see why it likes to give 130 errors I would appreciate it as my head hurts.

void BreakEvenStopLoss()
{
if (HideBreakEvenStop)
{
bool TradeClosed = CheckForHiddenStopLossHit(OrderType(), PipsAwayFromVisualBE, OrderStopLoss() );
if (TradeClosed) return;
}
bool result;
if (OrderType()==OP_BUY)
{
if (Bid >= OrderOpenPrice () + (Point*BreakEvenPips) &&
OrderStopLoss()<OrderOpenPrice())
{
while(IsTradeContextBusy())...
wish i could help on the coding part, but i can't im not a coder

but i am a good in finding glitches or bugs and im trying to debunk whats the cause, will be trying different BE settings on the pairs giving me problems when there is NO TRADES AT ALL OPEN on them

heres the Doc with the error 130
Attached File(s)
File Type: txt Error130.txt   10 KB | 430 downloads
Don't forget Practice + Patience + Persistence = Profits
  • #157
  • Jan 27, 2012 8:57pm Jan 27, 2012 8:57pm
Hi seller,
thanks for pdf file,

i'm not use BE/JSL again since it can close trade when my trade loss and to be profit+1 (stop loss hit?)
i'm not a coder, but my favorit error code is 'not enough money'

i use this ea only in pair eu m15 tf, still find and tweaking for best set up,
yesterday london session lose 1 and win 2
did your set up take a trade on eu yesterday?

  • #158
  • Jan 28, 2012 9:24am Jan 28, 2012 9:24am
Quoting tribe
Hi seller,
thanks for pdf file,

i'm not use BE/JSL again since it can close trade when my trade loss and to be profit+1 (stop loss hit?)
i'm not a coder, but my favorit error code is 'not enough money'

i use this ea only in pair eu m15 tf, still find and tweaking for best set up,
yesterday london session lose 1 and win 2
did your set up take a trade on eu yesterday?

I don't use BE or JS either on the M30, I just go for a quick profit with a quick exit rule works the best. Indicators are too slow in most cases.
I had 3 trades on the M30 EU from when I started the new settings on the 27th, I wasn't testing the M15 so have no results from that period. The first trade was a long for +$0.81 and was stopped out by a reversal. The second trade was a short for -$0.10 and was stopped out by a reversal. The third trade was a short for +$3.83 and hit the TP of 2 x ATR(7).

The results from the 27th were shown in a previous post which includes these trades. One more trade was closed after those listed in the previous post so I ended up for the 27th with the following running 24/7.
Trades = 28
Wins = 18
Lose = 10
lot = .01
Loss = -$6.23
Win = +$32.73
Profit = +$26.50
Will see how it goes next week with a full week of trading with the same settings on the M30.

Attached Image (click to enlarge)
Click to Enlarge Name: test.jpg Size: 114 KB
  • #159
  • Jan 28, 2012 10:08am Jan 28, 2012 10:08am
I have gone to using the Real Close and Open prices as an Exit rule rather than the APB Candle Color change Close and Open exit because they do not agree and the color change gets you out one whole candle latter and in some cases turns a small profit on exit into a loss. See the image below and please post your comments as to what you think.

Attached Image (click to enlarge)
Click to Enlarge Name: Test#2.jpg Size: 117 KB
  • #160
  • Jan 28, 2012 10:39am Jan 28, 2012 10:39am
Quoting seller9
I have gone to using the Real Close and Open prices as an Exit rule rather than the APB Candle Color change Close and Open exit because they do not agree and the color change gets you out one whole candle latter and in some cases turns a small profit on exit into a loss. See the image below and please post your comments as to what you think.

Attachment
Hi Seller,
Can you post your last set file you've posted your last results from pls ?
I want to test it the next week.

Thx
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