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Price Bounce Off MA EA

  • #81
  • Dec 16, 2012 10:35am Dec 16, 2012 10:35am
Quoting jmtini
Sorry I wanted to mention that I did try it last Friday on the 5 min and 1 min charts and it didn't open any trades.

Even on the Strategy tester over a 2 week period, it opened only 2 trades??

Just wondered, it's not possible to make the attached indi (CCIwithalert) into an EA maybe so that it opens a trade? It does exactly what I want!

Thanks and rgds

Jerry


Jerry–

Try this one.
Attached File(s)
File Type: mq4 CC1_ea.mq4   10 KB | 414 downloads
  • #82
  • Dec 16, 2012 1:00pm Dec 16, 2012 1:00pm
Quoting cyber1
Jerry–

Try this one.
Hi Cyber1

Thanks! This one looks really promising. I had to change the -100 and +100's around because it was opening a buy trade at -100 (and vice versa) see attachment

I tested it with my amended settings for last week on EURUSD and it came out with a 20 % gain for the week!

Of course as usual with most EA's it's not going to be set and forget because one can only set it up from CCI "0" up or down. But that's not difficult to do.

Kind Regards

Jerry
Attached Image(s) (click to enlarge)
Click to Enlarge Name: new settings.gif Size: 42 KB
Click to Enlarge Name: strategy tester.gif Size: 49 KB
  • #83
  • Dec 19, 2012 9:49am Dec 19, 2012 9:49am
Quoting cyber1
Jerry–

Try this one.

Hi Cyber1

It's working OK but I'm finding that it tends to open a trade way too late when the signal line has already penetrated the 100 or -100 level a long time before. Does it only open a trade on the next candle after the preceding one breaks through the level?

Regards

Jerry
  • #84
  • Dec 19, 2012 6:06pm Dec 19, 2012 6:06pm
Quoting jmtini
Hi Cyber1

It's working OK but I'm finding that it tends to open a trade way too late when the signal line has already penetrated the 100 or -100 level a long time before. Does it only open a trade on the next candle after the preceding one breaks through the level?

Regards

Jerry
Jerry –

You could change the indicators Shift value from Current + 1 and Current + 2 to Current + 0 and Current + 1.
If EachTickMode is set to TRUE Current = 0 otherwise it = 1

If you are using the current bar(Current bar = 0) meaning it hasn't closed yet it will probably give you an earlier signal but will also be unreliable as it is tantamount to repainting.
  • #85
  • Dec 20, 2012 8:20am Dec 20, 2012 8:20am
Quoting cyber1
Jerry –

You could change the indicators Shift value from Current + 1 and Current + 2 to Current + 0 and Current + 1.
If EachTickMode is set to TRUE Current = 0 otherwise it = 1

If you are using the current bar(Current bar = 0) meaning it hasn't closed yet it will probably give you an earlier signal but will also be unreliable as it is tantamount to repainting.
Thanks Cyber1

I'll give it a try.

I was actually testing it now with the original settings and it works quite well if one only allows buys in an uptrend (as we've had on EU recently) - don't know how it works in a flat market with the original settings though!

Thanks again

Jerry
  • #86
  • Dec 20, 2012 9:21am Dec 20, 2012 9:21am
Quoting cyber1
Jerry –

You could change the indicators Shift value from Current + 1 and Current + 2 to Current + 0 and Current + 1.
If EachTickMode is set to TRUE Current = 0 otherwise it = 1

If you are using the current bar(Current bar = 0) meaning it hasn't closed yet it will probably give you an earlier signal but will also be unreliable as it is tantamount to repainting.

(Well it seems to open a trade a little earlier and on long positions only on the EU 5 min chart achieved 87.5% win ratio!)

Just one last thing - is it possible to set it to open a trade every time the signal line crosses the 100 level during the day? What happens at the moment is that it opens one trade and will not open another trade until that trade reaches TP (or gets stopped out!). Consequently it misses numerous other opportunities (maybe for a quick 10 pip scalp) that arise during the day.

Kind Regards

Jerry
  • #87
  • Dec 22, 2012 9:29am Dec 22, 2012 9:29am
Quoting jmtini
(Well it seems to open a trade a little earlier and on long positions only on the EU 5 min chart achieved 87.5% win ratio!)

Just one last thing - is it possible to set it to open a trade every time the signal line crosses the 100 level during the day? What happens at the moment is that it opens one trade and will not open another trade until that trade reaches TP (or gets stopped out!). Consequently it misses numerous other opportunities (maybe for a quick 10 pip scalp) that arise during the day.

Kind Regards

Jerry
Jerry –

I've attached a version of my own very basic EA as the other one is too difficult to modify without a lot of time. I decided to use one of my own with just very basic functionality, trailing and will open multiple orders as you requested.
Attached File(s)
File Type: mq4 FXPT_CCIv1.mq4   8 KB | 431 downloads
  • #88
  • Dec 23, 2012 7:53am Dec 23, 2012 7:53am
Quoting cyber1
Jerry –

I've attached a version of my own very basic EA as the other one is too difficult to modify without a lot of time. I decided to use one of my own with just very basic functionality, trailing and will open multiple orders as you requested.


Hi Cyber1

Well I have to say again that you are an absolute star!!

I have tried it out and here-below initial results. 100 % win ratio - not too bad for any EA - Just a little tweak I have made is set the CCI to much higher period for the faster moving pairs like EU, EJ and GZ. Also set accordingly if trend is up or down - buy only or sell only - never both at the same time!

I presume that it only tests with a full trading lot but one change the lots setting to 0.1 or 0.01 when trading it live?

Thanks again so much!

Kind Regards

Jerry
Attached Image (click to enlarge)
Click to Enlarge Name: tester.gif Size: 42 KB
  • #89
  • Dec 23, 2012 11:20am Dec 23, 2012 11:20am
Quoting jmtini
Hi Cyber1

Well I have to say again that you are an absolute star!!

I have tried it out and here-below initial results. 100 % win ratio - not too bad for any EA - Just a little tweak I have made is set the CCI to much higher period for the faster moving pairs like EU, EJ and GZ. Also set accordingly if trend is up or down - buy only or sell only - never both at the same time!

I presume that it only tests with a full trading lot but one change the lots setting to 0.1 or 0.01 when trading it live?

Thanks again so much!

Kind Regards

Jerry...
Gary –

I tried some different settings and it didn't do bad. But I'm sure it won't do 100% over time.
Would you mind sharing your settings and time frames tested?
  • #90
  • Dec 24, 2012 6:42am Dec 24, 2012 6:42am
Quoting jmtini
Hi Cyber1

Well I have to say again that you are an absolute star!!

I have tried it out and here-below initial results. 100 % win ratio - not too bad for any EA - Just a little tweak I have made is set the CCI to much higher period for the faster moving pairs like EU, EJ and GZ. Also set accordingly if trend is up or down - buy only or sell only - never both at the same time!

I presume that it only tests with a full trading lot but one change the lots setting to 0.1 or 0.01 when trading it live?

Thanks again so much!

Kind Regards

Jerry
Hi Jerry,

happy to see you back with very good demo results-perhaps too good-but stay tuned!

Currently I'm trading no EA but I havn't given up the hope to get/find one sometime which really works at least temporarly. Please, keep me posted! Yes, you are absolutely right, Cyber1 is a coding star, I very appreciate his work doing for others...a very generous man!

I wish you, your family, Cyber1 and all brothers here....Merry Christmas and a Happy New Year!

All the best, nice and peaceful holidays,

Jürgen
I never lose - either I win or I learn...
  • #91
  • Dec 24, 2012 7:10am Dec 24, 2012 7:10am
Question to the EA expert.
Does the platform needs to be active (ie. open) for the EA to work ? What if my computer hybernate and screen goes blank, will the EA still work ? Does the computer needs to be turned on with active screen thru out the day ?

I hope you understand what I am trying to say. I do not want the EA to sleep while I sleep !

Thanks,
  • #92
  • Dec 24, 2012 7:48am Dec 24, 2012 7:48am
Quoting jdva
Hi Jerry,

happy to see you back with very good demo results-perhaps too good-but stay tuned!

Currently I'm trading no EA but I havn't given up the hope to get/find one sometime which really works at least temporarly. Please, keep me posted! Yes, you are absolutely right, Cyber1 is a coding star, I very appreciate his work doing for others...a very generous man!

I wish you, your family, Cyber1 and all brothers here....Merry Christmas and a Happy New Year!

All the best, nice and peaceful holidays,

Jürgen...
Hi Jurgen

Have sent you a PM

Rgds
  • #93
  • Dec 24, 2012 8:07am Dec 24, 2012 8:07am
Quoting august21
Question to the EA expert.
Does the platform needs to be active (ie. open) for the EA to work ? What if my computer hybernate and screen goes blank, will the EA still work ? Does the computer needs to be turned on with active screen thru out the day ?

I hope you understand what I am trying to say. I do not want the EA to sleep while I sleep !

Thanks,

Hi August21

You have to have a VPS (virtual private server) with guaranteed uptime to be sure that the EA is working all the time. I am getting one myself because I cancelled the last one I had after it kept disconnecting (a hopeless company). I am going to try somee.com or Memset.com ($25 - $30 per month if you pay monthly).


There are 3 EA's now that Cyber1 has very kindly helped us with - CCI_ea, FXPT-CCIv1 and "price_bounce_off_ma" which all work well if set up properly of course so you really need to have 3 MT4 platforms open to avoid have too many charts open on one platform - unless you just want to concentrate on one trading pair which is probably a good idea to start off with!
  • #94
  • Dec 24, 2012 8:18am Dec 24, 2012 8:18am
Thanks jmtini,
if I do not have the VPS, (which I dun), does it mean that if the Mt4 platform is put on hybernation, the EA will not be triggered. It will only be triggered if my PC is on, with the platform visually available?

THanks again.
  • #95
  • Dec 24, 2012 8:47am Dec 24, 2012 8:47am
Quoting august21
Thanks jmtini,
if I do not have the VPS, (which I dun), does it mean that if the Mt4 platform is put on hybernation, the EA will not be triggered. It will only be triggered if my PC is on, with the platform visually available?

THanks again.

Yes, your platform must be on constantly if you want any EA to operate.

Once you're up and running, PM me if want and I'll give you the settings that I found worked the best. You really of course need to run your own tests on them too.

Rgds
  • #96
  • Jan 11, 2013 4:29pm Jan 11, 2013 4:29pm
Quoting cyber1
Gary –

I tried some different settings and it didn't do bad. But I'm sure it won't do 100% over time.
Would you mind sharing your settings and time frames tested?

Hi Cyber1

Hope you're well and had a nice holiday season!

Just to let you know that after a lot more testing I have got it going really well now. Really happy!

Just wanted to ask you if it's possible to add a "MM" function (money management) because if when sets up the multiple trade function for it to open more then one trade, it's difficult to calculate money management and over-leveraging is going to happen!

Also one cannot change the lot size from ea properties.

Kind Rgds

jerry
  • #97
  • Jan 11, 2013 9:41pm Jan 11, 2013 9:41pm
Quoting jmtini
Hi Cyber1

Hope you're well and had a nice holiday season!

Just to let you know that after a lot more testing I have got it going really well now. Really happy!

Just wanted to ask you if it's possible to add a "MM" function (money management) because if when sets up the multiple trade function for it to open more then one trade, it's difficult to calculate money management and over-leveraging is going to happen!

Also one cannot change the lot size from ea properties.

Kind Rgds

jerry
jerry-
Updated as requested.
Attached File(s)
File Type: mq4 FXPT_CCIv2.mq4   9 KB | 503 downloads
  • #98
  • Jan 13, 2013 4:09am Jan 13, 2013 4:09am
Quoting cyber1
jerry-
Updated as requested.
Hi Cyber1

Thanks so much!

One last thing which might make a very big difference in the success ratio.

Someone very kindly sent me an indi (attached) - it has a really clever function which smooths out the "kinks" in the signal line. Very useful because quite often a kink around the trigger area can trigger a trade that one doesn't want when price action is retracing and the signal line is returning back into the "no-trade area".

Do you think it's possible to code those smoothing parameters into the ea?

Thanks again
Kind Regards
J
Attached File(s)
File Type: mq4 cci - nrp & mtf advanced.mq4   13 KB | 523 downloads
  • #99
  • Jan 14, 2013 7:28pm Jan 14, 2013 7:28pm
Quoting jmtini
Hi Cyber1

Thanks so much!

One last thing which might make a very big difference in the success ratio.

Someone very kindly sent me an indi (attached) - it has a really clever function which smooths out the "kinks" in the signal line. Very useful because quite often a kink around the trigger area can trigger a trade that one doesn't want when price action is retracing and the signal line is returning back into the "no-trade area".

Do you think it's possible to code those smoothing parameters into the ea?

Thanks again
Kind Regards
J...
jerry-
You might be on to something here. These are my results without optimization.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdM15.PNG Size: 103 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdM30.PNG Size: 104 KB
Attached File(s)
File Type: mq4 FXPT_CCINRPadv1.mq4   10 KB | 613 downloads
  • #100
  • Jan 14, 2013 11:38pm Jan 14, 2013 11:38pm
this EA is not working for me... it gives me only this error:

"Cannot open file 'C:\Program Files (x86)\MetaTrader 4\experts\indicators\cci - nrp & mtf advanced.ex4' on the EURUSD,H4"


what I'm doing wrong?
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