Experts Tool Box | Page 69 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Box Spreads of Equity Index Options on Futures as a Financing Tool 0 replies

experts advisor file not in experts folder 12 replies

box play 18 replies

Anyone trading "Box Options" with Oanda??? 20 replies

Oanda Order Flow Box 5 replies

Attachments: Experts Tool Box
Exit Attachments

Experts Tool Box

  • #1,361
  • Aug 29, 2012 2:56am Aug 29, 2012 2:56am
Quoting MonsterFly
Hi g0vlad,

As I stated in my original post, the backtesting does have its limitations when trying to execute a open or close trade based on a signal from the current bar (does better with prior bar trigger), which this EA does, so it will not be as accurate, especially with a small MA which will trigger it often. With that being said I did run it with a setting of MA = 5, BE = 20 and Risk=2% and the results were, well, to good to be true. I then looked at the EA code and saw this was Funyoo's basecode from Trading System Forex forum, though don't...
Set this MA Trail EA running yesterday on 7 pairs, using MA 10 and Renko blocks of 5 (couldn't get it working with 10 or 20 as my history isn't big enough).

In less than 12 hours, it has lost 10% of the demo account.

I shall leave it running again today and post actual results later.

I have been looking for some kind of filtering to keep it out of bad trades, but I think the EA is built around just adding to the winning trades in the hope that they outweigh the losses!

Regards
Ath

PS My testing on River Break RB_v7 is looking good this week...
  • #1,362
  • Aug 29, 2012 5:15am Aug 29, 2012 5:15am
I will try your strategy, could you post your settings?

Thanks
  • #1,363
  • Aug 29, 2012 7:03am Aug 29, 2012 7:03am
Quoting Athravan
Set this MA Trail EA running yesterday on 7 pairs, using MA 10 and Renko blocks of 5 (couldn't get it working with 10 or 20 as my history isn't big enough).

In less than 12 hours, it has lost 10% of the demo account.

I shall leave it running again today and post actual results later.

I have been looking for some kind of filtering to keep it out of bad trades, but I think the EA is built around just adding to the winning trades in the hope that they outweigh the losses!

Regards
Ath

PS My testing on River Break RB_v7 is looking good this...
Ok - pulled the plug on this one.

In less than 24 hours its lost 21% - hope you can see the attached summary.

Regards
Ath
Attached Image (click to enlarge)
Click to Enlarge Name: MA Trail EA.png Size: 26 KB
  • #1,364
  • Aug 29, 2012 7:12am Aug 29, 2012 7:12am
Ardasu_Renko: Would you please make the UseCandleColorChangeClose option close open order after say 2 bars of the same color? This is to avoid being taken out by a small retracement before the trend continues.

Also a major problem with the EAs, is closing open profitable trades after a restart. If for some reason platform freezes or computer shuts down, when you restart the computer or platform the EAs close open trades that are in profit. Is there a way to prevent this from happening?

Thanks!
  • #1,365
  • Aug 29, 2012 8:36am Aug 29, 2012 8:36am
The market has been ranging so much today.Just trying to butress the point i made in post 1353.

CHART 1
@d formation of the 3rd candle after entry,trail stop is placed manually close to the open of the entry candle say open + swap incase pa reverses to protect profit or minimize losses........manual trail @d open of the middle candle after the formation of the 4th candle does not obey the rule cause the middle candle touched this level (read post 1393).I have attached an ea which allows manual dragging of sl lines to your desired target.This is possible on a different template after the adx renko ea has triggered the trade (hoping our dear seller9 can include the modifications).OR better still copy the code on this ea and place it on the adx renko ea if this is not possible automatically

CHART 2
Another illustration of how the manual trail stop can help to reduce losses during ranging conditions


NB
These are just my personal opinions. Its not the holy grail.Please ignore this if it offends you..........
Attached Image(s) (click to enlarge)
Click to Enlarge Name: range market.gif Size: 59 KB
Click to Enlarge Name: range mkt2.gif Size: 60 KB
Attached File(s)
File Type: ex4 CL_M_01_Visual SL & TP Manager.ex4   8 KB | 376 downloads
  • #1,366
  • Aug 29, 2012 10:13am Aug 29, 2012 10:13am
@seller9, please check the code of MA_ Renko V2 , the bejs portion seems to have some bugs, sometime it works sometimes it does not . please look into it.
  • #1,367
  • Aug 29, 2012 12:19pm Aug 29, 2012 12:19pm
A patient trader gets the largest pips........Wish i was in that

....................................REAL BEAUTY.............
Attached Image(s) (click to enlarge)
Click to Enlarge Name: just came in.gif Size: 51 KB
Click to Enlarge Name: just came in2.gif Size: 49 KB
  • #1,368
  • Aug 29, 2012 4:04pm Aug 29, 2012 4:04pm
Version 8 has been posted on the first page.

1) TrailingStopLossPips is what is sent to the Broker once you have reached that amount of profit. With the initial order the StpLossPips will be sent unless it is zero, in that case the BandOffsetSLpips will be used for the initial SL.
2) UseAggressiveMode and UseNonAggressiveMode can be used one at a time or together. Aggressive mode waits for 1 clean candle and non aggressive mode waits for 2 clean candles. At times the other triggers lag behind the one clean candle so the 2 clean candles will get you into a trade you would have missed.
3) TakeProfitPipsTargetOne if set to zero will let the Partial Close take place at the first closed candle color change, or you can pick the number of pips as before.
4) BEJS is hidden from the Broker.
5) TradeLive is set to false by default so when the EA is placed on a chart it doesn't open a trade until you take a look, so be sure to set it to true if you want to trade live.

Trades from the 28th with the default settings below


Attached Image (click to enlarge)
Click to Enlarge Name: trades.jpg Size: 130 KB
  • #1,369
  • Edited 4:22pm Aug 29, 2012 4:08pm | Edited 4:22pm
Try ADX_Renko_v2

It now triggers one candle sooner and you can also select to have the trade close when ADX reverses.

I am still working on your other ideas.

I did fix a couple display errors, these didn't affect the EA though.

I haven't had time to doing any testing of it yet.

Good Luck

Attached File(s)
File Type: ex4 ADX_Renko_v2.ex4   46 KB | 391 downloads
  • #1,370
  • Aug 29, 2012 4:12pm Aug 29, 2012 4:12pm
Quoting unimak
@seller9, please check the code of MA_ Renko V2 , the bejs portion seems to have some bugs, sometime it works sometimes it does not . please look into it.
Are you in profit?

It only works when in profit.
  • #1,371
  • Aug 29, 2012 4:31pm Aug 29, 2012 4:31pm
ok guys ... it seems the MA_Renko_v2 is out ? So lets go on with RB_Renko v8 and ADX_Renko_v2 ?
  • #1,372
  • Aug 29, 2012 5:44pm Aug 29, 2012 5:44pm
Seller9, this is just another idea for the box.

I've been working on this filtering system for Renko and also regular price bars for a while.

I have traded the Renko version successfully. I've changed this version a little to something I think would work better for an EA, but its basically the same as what I trade manually.

The River in this system is not the Bands indi. Its a Moving Average Dynamic Envelope modified to 60 ema at 96 periods, 1.1 SD. Two more MADE's are added to template for profit targets, 4.0 SD, and 7.0 SD.

The rules are pretty simple:

If the 15 EMA is between the closest two bands (1.1's) of the MADE, then no trades are allowed. This is the consolidation filter.

To trade long: price must reverse when the 15 EMA is above the 1.1 MADE, and some part of the reversal must touch a 1.1 band. Either the upper band, lower band, or mid, it doesn't matter, as long as the 15 EMA is above the upper 1.1 MADE line when the reversal bar closes. If it reverses above the river and no part touches, then its no good.

To trade short: price must reverse when the 15 EMA is below the 1.1 MADE, and some part of the reversal must touch a 1.1 band. If it reverses below the river and no part touches, then its no good. (This helps insure good price position.)

Hold at least til 1st profit target is reached, or to some stop. That's it. Charts and templates attached.

BTW-this is a 4 pip box chart. I recommend viewing at that size. So you know just have a look when you get a chance, and if you think its a waste of time, that's cool, if not, then maybe something can come of it... TY.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trendbully1.jpg Size: 104 KB
Click to Enlarge Name: trendbully2.jpg Size: 121 KB
Attached File(s)
File Type: tpl trendbully4renko.tpl   2 KB | 495 downloads
File Type: ex4 Moving Average Dynamic Envelope.ex4   3 KB | 503 downloads
  • #1,373
  • Aug 29, 2012 6:54pm Aug 29, 2012 6:54pm
Quoting stevefx
Seller9, this is just another idea for the box.

I've been working on this filtering system for Renko and also regular price bars for a while.

I have traded the Renko version successfully. I've changed this version a little to something I think would work better for an EA, but its basically the same as what I trade manually.

The River in this system is not the Bands indi. Its a Moving Average Dynamic Envelope modified to 60 ema at 96 periods, 1.1 SD. Two more MADE's are added to template for profit targets, 4.0 SD, and 7.0 SD.

The rules are...
We must think alike as yesterday I spent a bunch of time trying to determine a consolidation filter like yours using Bands or Keltner Channnel with an ma like yours but couldn't quite get it the way I wanted it.

I loaded your template and below is a screen shot of what I got.

It seems like it would miss the big move, am I seeing this right?


Attached Image (click to enlarge)
Click to Enlarge Name: trade.jpg Size: 99 KB
  • #1,374
  • Edited 7:24pm Aug 29, 2012 7:04pm | Edited 7:24pm
Quoting seller9
We must think alike as yesterday I spent a bunch of time trying to determine a consolidation filter like yours using Bands or Keltner Channnel with an ma like yours but couldn't quite get it the way I wanted it.

I loaded your template and below is a screen shot of what I got.

It seems like it would miss the big move, am I seeing this right?


Attachment
You are exactly right. I haven't figured out a way to filter consolidation and catch super volatile moves like the ones you pointed out.

This template will catch big trends but they have to form relatively slowly, or at least be big enough to correct back into the river and keep going.

This is kind of why I wanted to get a bot to trade. Because it takes lots of patience to trade manually.

Of course the rules could be tweaked to allow for a couple of extra bars to print after price reverses at the river, to give time for the EMA to get out of there...

Anyway, its a good starting point.

-Cheers

(Also the EMA can be accelerated to 12, I think)
  • #1,375
  • Aug 29, 2012 7:50pm Aug 29, 2012 7:50pm
how about just a second rule that will fire a trade off on the first clean candle above the 4.0 sd if the reversal bounce at the 1.1 did not initiate. at least that would grab part of a large move.
  • #1,376
  • Aug 29, 2012 8:07pm Aug 29, 2012 8:07pm
Quoting Blahn
how about just a second rule that will fire a trade off on the first clean candle above the 4.0 sd if the reversal bounce at the 1.1 did not initiate. at least that would grab part of a large move.
I do think things like that can be worked in. But it has to be looked at. I will look at it. So thanks for the suggestion.

Also, you can't ignore its potential as a trend trader bot. For example, here is the Eur/Aud with a 6 pip box size, and 12 EMA filter.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD.jpg Size: 112 KB
  • #1,377
  • Aug 29, 2012 10:07pm Aug 29, 2012 10:07pm
Quoting seller9
Are you in profit?

It only works when in profit.
yes i was , i had set to 5/0/1 and it did not work , then i set to 8/4/1 then also it did not work, although i was up 20 pips , then the profit started wiping dn and then the MA reverse cross got triggered and closed the trade in loss.

the entry is fine , the reverse cross exit is fine, the bejs just did not kick in.

however the day before when i put it on chart every worked perfectly to hit 40 pips in eu .
  • #1,378
  • Aug 30, 2012 4:46am Aug 30, 2012 4:46am
Quoting unimak
@seller9, please check the code of MA_ Renko V2 , the bejs portion seems to have some bugs, sometime it works sometimes it does not . please look into it.
Hi seller9,
I also have the same problem, it does not work properly, please check the EA...
Thanks
  • #1,379
  • Aug 30, 2012 9:45am Aug 30, 2012 9:45am
Hi Seller9,

In terms of your coding - is the M2 timeframe hardcoded into the EAs?

If I change the Renko Bar Pip Sizes and run the EA on M15, will it go horribly wrong?

Regards
Ath
  • #1,380
  • Aug 30, 2012 12:02pm Aug 30, 2012 12:02pm
Quoting Athravan
Hi Seller9,

In terms of your coding - is the M2 timeframe hardcoded into the EAs?

If I change the Renko Bar Pip Sizes and run the EA on M15, will it go horribly wrong?

Regards
Ath
When using Renko Bars there is no time frame the EA defaults to what ever chart you put it on, it is not hard coded to any time frame.

All calculations are done using the chart the EA is placed on, so if you use it on a regular time base candle chart and change between time frames when the EA is running strange things may happen as the open and close of the candles is now different.

But when using Renko Charts you can change the bar size and the EA will correct itself to the new bar size, but you may not want to change bar sizes when in a trade as strange things may happen.
0 traders viewing now