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Quicker and Dirtier EOD

  • #81
  • Jul 9, 2012 1:38am Jul 9, 2012 1:38am
Quoting FerruFx
Don't leave the Mondays trade. In this case, take the Friday Open/Close as your reference.
Is it possible to add alert in your indicator when the buy or sell signal happens?

Also I have just added this indicator to my chart just now but its saying 'wait for new candle to start'.Is it not going to show signal of last candle?

Regards,
Bedayan.
Attached File(s)
File Type: doc Doc1.doc   29 KB | 325 downloads
  • #82
  • Jul 9, 2012 2:48am Jul 9, 2012 2:48am
Quoting bedayan
Is it possible to add alert in your indicator when the buy or sell signal happens?

Also I have just added this indicator to my chart just now but its saying 'wait for new candle to start'.Is it not going to show signal of last candle?

Regards,
Bedayan.
Will look at the alert when I have little time. I am very busy and still work on the EA.

About your other question, the answer is in the post #68 : "When attached on chart, the first daily candle is avoided as it is already in progress. The tool will start to check at the beginning of the next candle"
MT4/MT5 EAs/Indicators/Alerts coder
  • #83
  • Jul 9, 2012 6:13pm Jul 9, 2012 6:13pm
Quoting Hugh Briss
Here's an indicator that I put together to show the range of the previous days body. In time I should be able to improve it to just state at the top of the screen whether the pair is valid or not that day or even just have a dashboard that tells you what pairs are valid. My coding skills are very basic at the moment. If the pair was an up day the previous day it displays this a a negative figure because of the way it does the calculation. If anyone can tell me how to get it to just display a positive figure I would be grateful. Anyway, this helps...

Hey Hugh,

Was just thinking... not much of a programmer myself, however I've noticed that calculations are done in basically the same manner as any other math... Have you tried using absolute value?
  • #84
  • Jul 9, 2012 7:22pm Jul 9, 2012 7:22pm
Quoting prof8t
Hey Hugh,

Was just thinking... not much of a programmer myself, however I've noticed that calculations are done in basically the same manner as any other math... Have you tried using absolute value?
Yes, managed to get it sorted in the end but didn't post it as Ferru is kindly putting together an ea for it.
  • #85
  • Jul 9, 2012 11:41pm Jul 9, 2012 11:41pm
No valid pairs today.
  • #86
  • Jul 10, 2012 1:06am Jul 10, 2012 1:06am
Hi Hugh I was researching TX arbitrage and was wondering if you had any success? Would appreciate a reply back. Ty
A man is what he thinks about all day long. - Ralph Waldo Emerson
  • #87
  • Jul 10, 2012 2:36am Jul 10, 2012 2:36am
Quoting fxrustyspoon
Hi Hugh I was researching TX arbitrage and was wondering if you had any success? Would appreciate a reply back. Ty
No, that's something I've not been looking at for a while.
  • #88
  • Jul 10, 2012 8:43am Jul 10, 2012 8:43am
Sorry for the delay ... I was very busy and had to code these tools below during my night ... then testing today !

Attached the dashboard with alert added as per Bedayan's request.

Also attached, the EA to trade this strategy as per the rules in post #1.

To be applied on a D1 chart.

Hope that will help.

FerruFx

PS: Hugh, it would be a great idea to upload these tools in your post #1
Attached File(s)
File Type: ex4 Quicker&Dirtier_EOD_dashboard_v2.00.ex4   26 KB | 493 downloads
File Type: ex4 Quicker&Dirtier_EOD_expert.ex4   12 KB | 397 downloads
MT4/MT5 EAs/Indicators/Alerts coder
  • #89
  • Jul 10, 2012 10:12am Jul 10, 2012 10:12am
Quoting FerruFx
Sorry for the delay ... I was very busy and had to code these tools below during my night ... then testing today !

Attached the dashboard with alert added as per Bedayan's request.

Also attached, the EA to trade this strategy as per the rules in post #1.

To be applied on a D1 chart.

Hope that will help.

FerruFx

PS: Hugh, it would be a great idea to upload these tools in your post #1
Outstanding, thank you very much. I'll put them on the first post now.
  • #90
  • Jul 10, 2012 9:17pm Jul 10, 2012 9:17pm
Quoting FerruFx
Sorry for the delay ... I was very busy and had to code these tools below during my night ... then testing today !

Attached the dashboard with alert added as per Bedayan's request.

Also attached, the EA to trade this strategy as per the rules in post #1.

To be applied on a D1 chart.

Hope that will help.

FerruFx

PS: Hugh, it would be a great idea to upload these tools in your post #1
Thanks man.I have some questionregarding your EA.

1. In the take profit and stop losss place do we need to put fib levels or pips value we need to put ?

2.Suppose if it takes pips value if I put pips value in trail stop,or take profit or stop loss level place then will it ignore the 0.382 take profit level mentioned in EA?

3.Can we use two lot system in the EA? Suppose one lot take proft at some fib level and another lot trail the stop?

Regards,
Bedayan Chakrabarty.
  • #91
  • Jul 10, 2012 11:41pm Jul 10, 2012 11:41pm
Quoting Hugh Briss
Outstanding, thank you very much. I'll put them on the first post now.
Did anybody done backtesting on this strategy through EA.
I have backtested it for EURUSD from 01.01.2011 till date with original strategy values result are bad.I was -100 dollar negative.Please see attached result.

But with 0,236 retracement level result is improved with 10,000 dollar actount in two year I was 56 dollar in profit.

Not looking good.

Regards,
Bedayan.
Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester-quick.gif Size: 8 KB
  • #92
  • Jul 11, 2012 12:10am Jul 11, 2012 12:10am
Quoting bedayan
Thanks man.I have some questionregarding your EA.

1. In the take profit and stop losss place do we need to put fib levels or pips value we need to put ?

2.Suppose if it takes pips value if I put pips value in trail stop,or take profit or stop loss level place then will it ignore the 0.382 take profit level mentioned in EA?

3.Can we use two lot system in the EA? Suppose one lot take proft at some fib level and another lot trail the stop?

Regards,
Bedayan Chakrabarty.
1/ TP/SL are pips inputs. If you set them, they overide the Fibo targets

3/ No. The EA is coded only as per the rules in post #1. I will consider this in a future release.

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #93
  • Jul 11, 2012 12:11am Jul 11, 2012 12:11am
Quoting bedayan
Not looking good.
This is why we have an EA. To find the best settings in order to improve the profitability.
MT4/MT5 EAs/Indicators/Alerts coder
  • #94
  • Jul 11, 2012 12:14am Jul 11, 2012 12:14am
Quoting bedayan
Did anybody done backtesting on this strategy through EA.
I have backtested it for EURUSD from 01.01.2011 till date with original strategy values result are bad.I was -100 dollar negative.Please see attached result.

But with 0,236 retracement level result is improved with 10,000 dollar actount in two year I was 56 dollar in profit.

Not looking good.

Regards,
Bedayan.
So you're going to take 13 trades as a representative sample? I have backtested this over all pairs with as much data as available and get different results to you. This is the sort of strategy where the OP requests the thread to be deleted, enough said and my final word on this system.
  • #95
  • Jul 11, 2012 12:23am Jul 11, 2012 12:23am
Quoting Hugh Briss
... enough said and my final word on this system.
Please Hugh don't leave the thread. This is your thread and your strategy and we are all here to improve it. If some of the posters aren't happy with the 1st results they found, then let's them leave the thread.
MT4/MT5 EAs/Indicators/Alerts coder
  • #96
  • Jul 11, 2012 12:25am Jul 11, 2012 12:25am
Quoting FerruFx
Please Hugh don't leave the thread. This is your thread and your strategy and we are all here to improve it. If some of the posters aren't happy with the 1st results they found, then let's them leave the thread.
Not much to improve from my point of view
  • #97
  • Jul 11, 2012 12:28am Jul 11, 2012 12:28am
Quoting Hugh Briss
Not much to improve from my point of view
Hmmmm ... you are the boss
MT4/MT5 EAs/Indicators/Alerts coder
  • #98
  • Jul 11, 2012 12:31am Jul 11, 2012 12:31am
Quoting FerruFx
Hmmmm ... you are the boss
Well it seems to work fine to me already and I'm not sure how much is to be gained by fiddling around with it?
  • #99
  • Jul 11, 2012 1:23am Jul 11, 2012 1:23am
Quoting Hugh Briss
Not much to improve from my point of view
My intenstion not to show you down.You great person who helped forex trader providing with new strategy.I have checked all your strategy.

I just run it in EURUSD with past two years data(not changed any setting in EA) and its generated only 13 trades with your exact rule.My intention not to take 13 trades I want to take more trades.But I want your support input how I can increase the trades and and profit target.

At last I want to say if you felt bad about my last comment I am sorry for that.If you want I will leave the post.

Ferrufx your contribution are outstanding.The help you provide to us without any penny that awesome.I dot have any intension show anybody down.Just want a strategy which provide consistent profit.

Regards,
Bedayan.
  • #100
  • Jul 11, 2012 2:56am Jul 11, 2012 2:56am
Quoting bedayan
My intenstion not to show you down.You great person who helped forex trader providing with new strategy.I have checked all your strategy.

I just run it in EURUSD with past two years data(not changed any setting in EA) and its generated only 13 trades with your exact rule.My intention not to take 13 trades I want to take more trades.But I want your support input how I can increase the trades and and profit target.

At last I want to say if you felt bad about my last comment I am sorry for that.If you want I will leave the post.

Ferrufx your...
Hey, it's no problem. What I meant was that you need to take a longer term view of it to see the true picture. 2011 wasn't a good year for a few pairs but keep testing...

In terms of taking more trades why not use more pairs? Or increase the % on the trades you take and be happy with 13 a year. Or maybe it works on hourly charts?

Ferru, would the ea work on hourly charts?
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