Extracted Thread (per thread starter's request) | Page 112 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

1 trade per pair per year 6 replies

multiple systems per pair/multiple pairs per system? 3 replies

Extracted Post (per poster's request) 0 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: Extracted Thread (per thread starter's request)
Exit Attachments

Extracted Thread (per thread starter's request)

  • #2,221
  • Apr 10, 2012 3:38am Apr 10, 2012 3:38am
hi bullbearies

can we have this ea too?
  • #2,222
  • Edited 3:51am Apr 10, 2012 3:41am | Edited 3:51am
Quoting r_alireza85
hi bullbearies

can we have this ea too?

Nope, this EA stil under development and i still have no permission FHX. so please understand. He is the original creator of the system. i just made this EA so i can trade more pair in case the commodities that i normally trade don't have a good set up.

Once i got the permission i will be more than happy to share it. But because of my beginner coding and FXH wants someone who knows much more that's why i don't dare to share it.

http://tinypic.com/r/4r6syh/5 there you can see how it looks like and the trades it took.

Cheers
Risk Less Gain More, Trade Less Make More
  • #2,223
  • Apr 10, 2012 7:46am Apr 10, 2012 7:46am
here is my live trade still going with some pips lock in my pocket. i don't know if anyone catch this also.

http://i41.tinypic.com/9ghxlf.gif

PS : No EA involved in this
Risk Less Gain More, Trade Less Make More
  • #2,224
  • Apr 10, 2012 11:31am Apr 10, 2012 11:31am
OK guys, listen up. In response to my call out about someone taking the lead for the EA project, fxspin has convinced me they should be given the chance to quarterback the project. So in a little while he's going to come in here and tell everyone what he needs us to do.

So if anyone else wants to help provide background support to the project, start speaking up now so that fxspin will see your comments the next time he checks in. Tell us what your skill set is, and how many hours per week you have free for testing, and so on.

Here are the basic rules:

~USE ON DEMO ACCT ONLY. DO NOT RISK REAL MONEY WITH THESE CODES -- EVER. Any discussion of using these codes on real accounts with real money will be scrubbed from the thread.

~This is a public project. No private coding requests will be allowed. Fxspin will report any such requests to me, and that person will be summarily banned from the thread.

~Fxspin has the final say on all coding. So if you have special requests, fxspin is the guy to contact. Just keep in mind that every approved mod will become public property (see above).

~Only myself or fxspin are allowed to post the finished codes to the thread. This will prevent the thread from becoming overly crowded with unofficial versions that do not bear fxspin's seal of approval. So if you have a custom mod that you've made that you'd like to share with everyone, that great. Just send it to fxspin for him to verify and he'll take it from there.

~EA's are actually very complicated to code well. These things take time to do well, especially as more mod requests come in. Never forget that fxspin has a real life, a family, and a career -- same as we all do -- and that his time is being donated for the benefit of total strangers. So I will take it personally if anyone gets upset because they think the project is moving too slowly, or they start getting snarky with fxspin for any reason whatsoever.

The next sound you hear will be fxspin explaining what he needs from us...
To improve is to change. To perfect, is to change often.
  • #2,225
  • Apr 10, 2012 11:49am Apr 10, 2012 11:49am
Quoting forexhard
do report their posts to the Mods. More people reporting will get faster action, and maybe even help get them banned from FF altogether.
That's a very good point!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #2,226
  • Apr 10, 2012 1:08pm Apr 10, 2012 1:08pm
Quoting forexhard
OK guys, listen up. In response to my call out about someone taking the lead for the EA project, fxspin has convinced me they should be given the chance to quarterback the project. So in a little while he's going to come in here and tell everyone what he needs us to do.

So if anyone else wants to help provide background support to the project, start speaking up now so that fxspin will see your comments the next time he checks in. Tell us what your skill set is, and how many hours per week you have free for testing, and so on.

Here...

Great news. Thought the call for commitment had scared everyone off.

FxSpin what is your basic plan? I would assume we would get the entire squalou indicator functionality in place before starting into the mods.

You could either start with a trading EA and roll the squalou code into it.

Or you can rip the buffers,arrows, and stats out of the indicator and just put in order management code. I was leaning toward this myself but have not put the time in too know which is bested.

I will not commit anything firm but I can help with modifications and ideas once it gets rolling.

I would consider this a dev tool to learn how to trade CZs manually and am not interested in supporting it's use as a trading robot.
  • #2,227
  • Apr 10, 2012 2:58pm Apr 10, 2012 2:58pm
Quoting Paradox
Great news. Thought the call for commitment had scared everyone off.

FxSpin what is your basic plan? I would assume we would get the entire squalou indicator functionality in place before starting into the mods.

You could either start with a trading EA and roll the squalou code into it.

Or you can rip the buffers,arrows, and stats out of the indicator and just put in order management code. I was leaning toward this myself but have not put the time in too know which is bested.

I will not commit anything firm but I can help with modifications...
Initially I was planning to mod the indi but the more I think about it, all the data I need is in the indicator. I still might modify the indi but not right now.

Will be posting my initial thoughts on the EA later.
  • #2,228
  • Apr 10, 2012 6:22pm Apr 10, 2012 6:22pm
Ladies and Gentlemen,

I have been following this thread for about 2 months now. I have loaded the indicator on my charts and I have been demo trading it for about 6 weeks. Have I been profitable yet? No. Not at all. And the one, and most important reason why, is because I'm still playing with the settings that work for ME. I'm still playing with the timeframes that work for ME. I'm still playing with the currency pairs that I feel will work for ME. Do I care what settings forexhard is using? Emphatically, NO (no offence, forexhard). And the reason is because what works for him, his trading times, his platform (yes, that actually does make a difference), his preferred currency pairs, his money management, his ideal CZ, his lot size, etc etc, are not what works or is comfortable for me. People, trading is a very personal thing and no matter what others say, there is no "one size fits all" strategy out there that works for everybody. Am I confident that the strategy that forexhard has outlined and given us the tools for works? Emphatically, YES. But you need to take the time to make it work for you, to study it, to analyze, to refine it (and I'm not talking adding indicators) to suit your own needs, trading style, trading times, money management, currency pairs, blah blah blah. This breakout system, as well as many other systems out there, can be and/or are profitable if you have the patience to learn it and adapt it to your own trading styles.

My suggestion to those new to trading (I've been doing this on and off for almost a decade for various reasons) is to work with one currency pair and only one at first. Learn it, breathe it, know its idiosycracies, eat it if you have to. And then when you're comfortable with that one pair, you can visualize it in your sleep and you know how it reacts to CZs of various heights and widths then try another and do the same. But don't just throw the indicator on a dozen different pairs and enter a trade as soon as you get an alert and then bitch and moan that the system doesn't work. All you'll end up doing is blowing out account after account and blaming the people who are kind enough to give you the tools to work with.

And that's my soapbox for today. I will slither back to lurking mode and continue to learn and refine this system to suit my own needs. It's all about me, after all
  • #2,229
  • Apr 11, 2012 12:22am Apr 11, 2012 12:22am
You see guys, this is exactly how it goes. Someone that I've banned for trolling the thread just comes back under a different name and tries all over again. I've seen guys with a half dozen FF identities. They use them for scamming and spamming, and they also use them to post multiple entries in their own threads, trying to make it seem like a bunch of people are supporting them, when actually it's just the same guy talking to himself.

Nothing we can do about it, except report them just like we did this nimrod today.

Remember guys, these idiots aren't trying to hurt me. They can't hurt me. These insults won't affect my trading at all. They're trying to hurt the thread. That means they're trying to hurt the rest of you. They don't want you to be successful traders, and this is just one of the ways they try to discourage you.

This has been a busy few days. It's like someone opened the doors to the asylum or something.
Attached Image (click to enlarge)
Click to Enlarge Name: scam.png Size: 16 KB
To improve is to change. To perfect, is to change often.
  • #2,230
  • Apr 11, 2012 12:24am Apr 11, 2012 12:24am
Quoting nmpeters
Ladies and Gentlemen,

I have been following this thread for about 2 months now. I have loaded the indicator on my charts and I have been demo trading it for about 6 weeks. Have I been profitable yet? No. Not at all. And the one, and most important reason why, is because I'm still playing with the settings that work for ME. I'm still playing with the timeframes that work for ME. I'm still playing with the currency pairs that I feel will work for ME. Do I care what settings forexhard is using? Emphatically, NO (no offence, forexhard). And the reason...
Amazing post, sir. Posts like these is what keeps me going.
To improve is to change. To perfect, is to change often.
  • #2,231
  • Apr 11, 2012 12:24am Apr 11, 2012 12:24am
I can certainly help in some ways with the coding of the EA. I am sure there are stronger MQL programmers than me but i can assist in testing/smaller coding tasks if necessary.

I appreciate what you guys are doing here, just let me know how i can assist.

Here for EA testing as well
  • #2,232
  • Apr 11, 2012 1:42am Apr 11, 2012 1:42am
Quoting forexhard
OK guys, listen up. In response to my call out about someone taking the lead for the EA project, fxspin has convinced me they should be given the chance to quarterback the project. So in a little while he's going to come in here and tell everyone what he needs us to do.

So if anyone else wants to help provide background support to the project, start speaking up now so that fxspin will see your comments the next time he checks in. Tell us what your skill set is, and how many hours per week you have free for testing, and so on.

Here...
Ok - Here is what I am thinking

The EA will be using the squalou indicator as is for now. I think it will allow people to easily mod the EA when they want to play with it. I will need to make some changes to it though.

The first cut of the EA will be pretty basic since most of the params are in the indi. It will open and close trades based on a fixed sl/tp. I will be removing a bunch settings in the indi to make the EA more readable. Most of these settings are the cosmetic ones so it show not affect your trading params.

People can send me ideas on what they want in the EA. I will look at them and add them as I find time.

Also - pm me if you want to help with the code. I can use some help once the basic EA is written.

Expect to see the first cut in a couple of weeks.
  • #2,233
  • Edited 2:21am Apr 11, 2012 2:16am | Edited 2:21am
Quoting fxspin
Ok - Here is what I am thinking

The EA will be using the squalou indicator as is for now. I think it will allow people to easily mod the EA when they want to play with it. I will need to make some changes to it though.

The first cut of the EA will be pretty basic since most of the params are in the indi. It will open and close trades based on a fixed sl/tp. I will be removing a bunch settings in the indi to make the EA more readable. Most of these settings are the cosmetic ones so it show not affect your trading params.

People can send me...
hi fxspin,

here is an idea:
consider the use of the tipster EA tool for this project.
order entry can be placed using trendlines on charts which may suit the way we trade the breakouts.
also multiple exits management is nice and available in this EA tools.

here is the link:
http://www.forexfactory.com/showthread.php?t=250637



if you need someone to help in testing and debugging, I am available.

kind regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,234
  • Apr 11, 2012 3:26am Apr 11, 2012 3:26am
Quoting forexhard
Amazing post, sir. Posts like these is what keeps me going.
I usually respond to "ma'am" but will not ignore the occassional "sir"

I do appreciate you sharing your system and tools and will post charts once I am happy with my setup. Thanks, forexhard!
  • #2,235
  • Apr 11, 2012 4:04am Apr 11, 2012 4:04am
From my experience when creating an EA based on the SQ indi, it won't open a pending order when for GOLD or XAUUSD because of the odd number number. So the indicator has to be modified first.

And due to different code for GOLD or XAUUSD the EA has to be modified into 2 version.

I made the EA with the stop loss right in the middle of the of the box. but sometimes when the range is to tight, it won't open BOTH pending order, it will open pending order one by one instead.

Just an input from me. If you need my code or someone for the EA testing i'll be available.

Cheers,
Risk Less Gain More, Trade Less Make More
  • #2,236
  • Apr 11, 2012 4:41am Apr 11, 2012 4:41am
Quoting bullbearies
From my experience when creating an EA based on the SQ indi, it won't open a pending order when for GOLD or XAUUSD because of the odd number number. So the indicator has to be modified first.

And due to different code for GOLD or XAUUSD the EA has to be modified into 2 version.

I made the EA with the stop loss right in the middle of the of the box. but sometimes when the range is to tight, it won't open BOTH pending order, it will open pending order one by one instead.

Just an input from me. If you need my code or someone for the EA testing...

The EA shouldn't open pending orders. i believe forexhard and a few others actually wait for the candle to close ABOVE/BELOW the breakout buffer area before taking a trade. Instead the EA should look for the first candle close outside the box and then open a trade in that direction.

I believe SQ indi has the built in via one of the input parameters. If i'm correct: this setting is what controls the buy or sell arrows to appear.
  • #2,237
  • Apr 11, 2012 4:44am Apr 11, 2012 4:44am
Long time forum lurker just signed up!

I've finally finished reading the thread and working through a few pairs, spent the weekend marking up the CZs by hand. Very interesting exercise. Been trading for a couple of years on and off... just small scale while I learn the ropes :-)

I'm used to trend trading off 4 hour and daily charts, so the 15 minute chart is a new beast for me. Just getting used to it.

Will try and post some charts. Would be good to get some feedback.

Quick question about the indicator. My buffer lines seem to disappear at random, after I have scrolled around the charts a little. Is that normal, or should I re-install it? Sorry if that's an obvious question, I'm not used to Metatrader as I trade off the OANDA platform. Just finding my way around it.

I have a load more questions but they will have to wait until the washing is hung out!

Sue
  • #2,238
  • Apr 11, 2012 5:38am Apr 11, 2012 5:38am
Quoting irampagemc
The EA shouldn't open pending orders. i believe forexhard and a few others actually wait for the candle to close ABOVE/BELOW the breakout buffer area before taking a trade. Instead the EA should look for the first candle close outside the box and then open a trade in that direction.

I believe SQ indi has the built in via one of the input parameters. If i'm correct: this setting is what controls the buy or sell arrows to appear.

That's correct, but from my manual trading experience i prefer to use the buffer pips line to open a trade, with the stop loss the middle of the box. So that i can minimize the stoploss and use my Martingale Management as soon as i think it's necessary.

The arrow signal is a little too late for the entry IMHO. Here is a sample of the trade i took today and still running.

Cheers,

http://i42.tinypic.com/ab6rfp.gif
Risk Less Gain More, Trade Less Make More
  • #2,239
  • Edited 6:13am Apr 11, 2012 6:10am | Edited 6:13am
Quoting bullbearies
That's correct, but from my manual trading experience i prefer to use the buffer pips line to open a trade, with the stop loss the middle of the box. So that i can minimize the stoploss and use my Martingale Management as soon as i think it's necessary.

The arrow signal is a little too late for the entry IMHO. Here is a sample of the trade i took today and still running.

Cheers,

http://i42.tinypic.com/ab6rfp.gif
It's interesting to see how you have added your own spin on trading the CZs. Could you elaborate a little more on how you use the martingale strategy with the trades? I see a lot of posts on these forums that are very negative about that kind of money management. I've never used it, but I'd rather keep an open mind. I was taught to use a tight stop and a wide take profit, but my 'teacher' was very much a trend strategist, so i realise different rules may apply.

Did you use your martingale strategy to get yourself out of the earlier losing trade that triggered short in the chart you posted? (the one in the earlier CZ that ended at 10 pips).

Sue
  • #2,240
  • Apr 11, 2012 6:49am Apr 11, 2012 6:49am
Im in on this EG M15 24pip TP/SL - lets see how we go EG is a choppy little thing
Attached Image (click to enlarge)
Click to Enlarge Name: eg 15min.jpg Size: 190 KB
8 traders viewing now