- #202
- Mar 15, 2012 1:43pm Mar 15, 2012 1:43pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
OK, this one triggered will see what it is going to do. It triggered on completed clean candle, and stop loss has moved from the bottom of the cloud to the top already. I am using the highest of the cloud of the present plus future 26 bars to determine this stop loss. When the trade opened it used the lowest of the cloud of the present plus future 26 bars to determine the initial stop loss. (-3 pips)
You can see by looking at the info window that the EA was a Buyer when the trade was made, once the trade was placed the EA then became a Seller and when this trade closes the EA will be looking for a Sell Trade.
I am only using the trailing cloud stop loss as an exit in this trade, no take profit has been placed.
Initial Trade
Present Trade
You can see by looking at the info window that the EA was a Buyer when the trade was made, once the trade was placed the EA then became a Seller and when this trade closes the EA will be looking for a Sell Trade.
I am only using the trailing cloud stop loss as an exit in this trade, no take profit has been placed.
Initial Trade
Present Trade
- #211
- Mar 16, 2012 3:12pm Mar 16, 2012 3:12pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Please forward a link for the range bar programm
- #212
- Edited 3:45pm Mar 16, 2012 3:23pm | Edited 3:45pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Take a look at the trades placed by u3 the last couple of days and see what you think. There are 4 trades and they are still all open. The red dotted line is the stop loss sent to the Broker when the trade was placed and the yellow line is the Hidden BEJS trailing behind. The BEJS has to be Hidden so it does not interfere with the Broker Stop Loss which is following the cloud. 3 trades have profit locked in the the forth just started so will have to wait until next market open to see how it goes. I had a few bugs to fix so only been testing this version a couple of days. The first shot is when the trade was placed and the second was taken a few moments ago to show where the trade is presently at. The last 2 are in the next post.
- #214
- Mar 16, 2012 3:43pm Mar 16, 2012 3:43pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here is the latest version that I was using in the previous 2 posts. The default settings are what I was using.
When you first place the EA on a chart decide what type of trade you want the EA to start looking for, "Buyer or Seller", you must set either "Buyer = true" or "Seller = true", don't set them both to true. Once started and a trade is entered the EA will then change it self to the opposite as that is what it will be looking for when the present trade is closed. The EA will toggle back and forth between Buyer and Seller on its own as trades are placed, you must start it in the right direction the first time. The info panel will tell you what it is presently looking for in the next trade. So if you are in an OPEN LONG TRADE it should say "Seller", as that is what it will be looking for when the present LONG TRADE closes. You should go through all the pairs you have the EA on and set them correctly and you should also check on them a couple times a day just to make sure they are correct, as if the EA doesn't take a trade you thought it should have it could get out of sync. Also if you place the EA on an open trade it will ask you if you want to manage the trade, YES YOU DO, if you say NO the EA could open another trade on the same pair. If you answer YES then what ever you have set up for stop loss and take profit will be in affect. One last thing, the Take Profit setting is sent to the Broker, so if it is hit before any of the BEJS setttings if used it will close the trade, probably best to leave it at zero. The stop loss that is sent to the Broker is based on the cloud usage as explained in previous posts.
All in all this is a very simple EA but looks like it should be capable of making some pips. Lets try and KISS.
Please post your results.
When you first place the EA on a chart decide what type of trade you want the EA to start looking for, "Buyer or Seller", you must set either "Buyer = true" or "Seller = true", don't set them both to true. Once started and a trade is entered the EA will then change it self to the opposite as that is what it will be looking for when the present trade is closed. The EA will toggle back and forth between Buyer and Seller on its own as trades are placed, you must start it in the right direction the first time. The info panel will tell you what it is presently looking for in the next trade. So if you are in an OPEN LONG TRADE it should say "Seller", as that is what it will be looking for when the present LONG TRADE closes. You should go through all the pairs you have the EA on and set them correctly and you should also check on them a couple times a day just to make sure they are correct, as if the EA doesn't take a trade you thought it should have it could get out of sync. Also if you place the EA on an open trade it will ask you if you want to manage the trade, YES YOU DO, if you say NO the EA could open another trade on the same pair. If you answer YES then what ever you have set up for stop loss and take profit will be in affect. One last thing, the Take Profit setting is sent to the Broker, so if it is hit before any of the BEJS setttings if used it will close the trade, probably best to leave it at zero. The stop loss that is sent to the Broker is based on the cloud usage as explained in previous posts.
All in all this is a very simple EA but looks like it should be capable of making some pips. Lets try and KISS.
Please post your results.
