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The gg53 "Killing Zone"

  • #1,701
  • Apr 24, 2013 3:06am Apr 24, 2013 3:06am
I understand, that is why I am looking at widening the threshold. Also, keep a close eye on the TP levels. I do not think they are being placed correctly.
  • #1,702
  • Apr 24, 2013 3:08am Apr 24, 2013 3:08am
I also think when u add the confirmation of the Gadi Normalized volume and Gadi Tick Volume down the line, a large increase in accuracy will be seen. It makes a huge difference in my manual trading of this system. The strength of the volume behind the breakout is very important. But one step at a time.
  • #1,703
  • Apr 24, 2013 3:10am Apr 24, 2013 3:10am
This is my trades that never got to the server or did but never executed... This is the fourth time... Order 2 is a sell
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 155 KB
  • #1,704
  • Apr 24, 2013 3:14am Apr 24, 2013 3:14am
I have yet to come across the same situation. I will keep an eye on it though.
  • #1,705
  • Apr 24, 2013 3:18am Apr 24, 2013 3:18am
Quoting panamamike
I understand, that is why I am looking at widening the threshold. Also, keep a close eye on the TP levels. I do not think they are being placed correctly.
Stoploss

spread = MarketInfo(Symbol(), MODE_SPREAD);

SIGNAL_BUY
iLow(Symbol(), Period(), 1) - spread*Point - StopLossInPips*Point;

SIGNAL_SELL
iHigh(Symbol(), Period(), 1) + spread*Point + StopLossInPips*Point;

TakeProfit

SIGNAL_BUY
(iHigh(Symbol(), Period(), 1) - CalculateStopLossLevel()) * TakeProfitRatio + CalculateStopLossLevel()

SIGNAL_SELL
CalculateStopLossLevel() - (CalculateStopLossLevel() - iLow(Symbol(), Period(), 1)) * TakeProfitRatio;

Tell me if my calculation are incorrect.. your advice means a lot.
  • #1,706
  • Apr 24, 2013 3:23am Apr 24, 2013 3:23am
Quoting panamamike
I also think when u add the confirmation of the Gadi Normalized volume and Gadi Tick Volume down the line, a large increase in accuracy will be seen. It makes a huge difference in my manual trading of this system. The strength of the volume behind the breakout is very important. But one step at a time.
Yes.. I agree. just working out the kinks.. then adding the rest.
  • #1,707
  • Apr 24, 2013 3:29am Apr 24, 2013 3:29am
Quoting imaxi
{quote} Stoploss spread = MarketInfo(Symbol(), MODE_SPREAD); SIGNAL_BUY iLow(Symbol(), Period(), 1) - spread*Point - StopLossInPips*Point; SIGNAL_SELL iHigh(Symbol(), Period(), 1) + spread*Point + StopLossInPips*Point; TakeProfit SIGNAL_BUY (iHigh(Symbol(), Period(), 1) - CalculateStopLossLevel()) * TakeProfitRatio + CalculateStopLossLevel() SIGNAL_SELL CalculateStopLossLevel() - (CalculateStopLossLevel() - iLow(Symbol(), Period(), 1)) * TakeProfitRatio; Tell me if my calculation are incorrect.. your advice means a lot.
It appears to be ok. It has behaved strangely in several trades so far this evening. I will keep monitoring it.
  • #1,708
  • Apr 24, 2013 3:33am Apr 24, 2013 3:33am
Starting tomorrow, I am definitely going to widen the threshold% above and below the channel that triggers the trades. As of right now, OOTB, I believe it is .5%. That is not a definitive breakout IMO. I will start a demo tomorrow night with a 5% threshold and compare going forward.
  • #1,709
  • Apr 24, 2013 4:01am Apr 24, 2013 4:01am
Here are the closed trades for the 15 min charts. Take a look at the eurjpy. For some reason the SL was 30 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: sl.png Size: 104 KB
  • #1,710
  • Apr 24, 2013 4:06am Apr 24, 2013 4:06am
On another DEMO, OOTB settings, I have a LONG EURJPY 1hr chart, with a SL of 51 pips and the TP is only 41.
  • #1,711
  • Apr 24, 2013 4:10am Apr 24, 2013 4:10am
Here is a pic of the 1 hr trades that are open. None of the SL or TP are what they should be according to the EA settings.
Attached Image (click to enlarge)
Click to Enlarge Name: sl.png Size: 94 KB
  • #1,712
  • Apr 24, 2013 4:28am Apr 24, 2013 4:28am
Hi all

I have the EA on my demo account but hasn't taken any trades. Would the fact that my broker has a prefix on the currency pairs make a difference? eg. EURUSD.G
Also, is the only indicator required the Gadi_OBV_v2.2? I have read through the thread since imaxi began posting the EA and it's version updates but haven't found any reference to other indicators although I could have easily missed something.
Any assistance would be greatly appreciated.

regards

Graham
  • #1,713
  • Apr 24, 2013 4:35am Apr 24, 2013 4:35am
Quoting panamamike
Here is a pic of the 1 hr trades that are open. None of the SL or TP are what they should be according to the EA settings. {image}
Your stoploss is from the previous bar's high/low... could you give me the high/low prices for the 15m and 1h eurjpy trades please.. Oh and the spread.
Thanks
  • #1,714
  • Apr 24, 2013 4:37am Apr 24, 2013 4:37am
Quoting Hammondnz
Hi all I have the EA on my demo account but hasn't taken any trades. Would the fact that my broker has a prefix on the currency pairs make a difference? eg. EURUSD.G Also, is the only indicator required the Gadi_OBV_v2.2? I have read through the thread since imaxi began posting the EA and it's version updates but haven't found any reference to other indicators although I could have easily missed something. Any assistance would be greatly appreciated. regards Graham
Yes Gadi_OBV_v2.2 indie has to be in the indicator folder.. Are there any error messages in the journals?
  • #1,715
  • Apr 24, 2013 4:44am Apr 24, 2013 4:44am
Quoting imaxi
{quote} Your stoploss is from the previous bar's high/low... could you give me the high/low prices for the 15m and 1h eurjpy trades please.. Oh and the spread. Thanks
Ok. I see where the SL is derived from. I thought it was 10pips automatically from the parameters. However, the TP figures do not match based on the multiple of the SL. Or am I missing something.

This is a situation that can cause problems, IMO. You can end up with some wide SL, and when using the trailing stop, winners can be small and 1 big stop hit can eat up a lot of profits. Maybe a max SL should be considered. I am just throwing out some ideas.
  • #1,716
  • Apr 24, 2013 4:48am Apr 24, 2013 4:48am
Quoting Hammondnz
Hi all I have the EA on my demo account but hasn't taken any trades. Would the fact that my broker has a prefix on the currency pairs make a difference? eg. EURUSD.G Also, is the only indicator required the Gadi_OBV_v2.2? I have read through the thread since imaxi began posting the EA and it's version updates but haven't found any reference to other indicators although I could have easily missed something. Any assistance would be greatly appreciated. regards Graham
Hi Graham,

Same with me. I have demo with Global Prime (using prefix .G)
No errors in Journal or Expert tab.

Regards,
Milan
  • #1,717
  • Apr 24, 2013 4:49am Apr 24, 2013 4:49am
Quoting panamamike
{quote} Ok. I see where the SL is derived from. I thought it was 10pips automatically from the parameters. However, the TP figures do not match based on the multiple of the SL. Or am I missing something. This is a situation that can cause problems, IMO. You can end up with some wide SL, and when using the trailing stop, winners can be small and 1 big stop hit can eat up a lot of profits. Maybe a max SL should be considered. I am just throwing out some ideas.
The TP is using the SL with the spread and StopLossInPips (if you added) * TakeProfitRatio.
  • #1,718
  • Apr 24, 2013 4:52am Apr 24, 2013 4:52am
The .G needs to be taken account of in every EA. your broker should be tarred and feathered for being such a pain in the azz. Unless they change that crap, I would change brokers. You will run into this problem all the time. Or, research on the net how to edit code to account for your broker. Not all EA writers will want to address this for you. Just my .02
  • #1,719
  • Apr 24, 2013 4:59am Apr 24, 2013 4:59am
Quoting imaxi
{quote} The TP is using the SL with the spread and StopLossInPips (if you added) * TakeProfitRatio.
Take a look at the eurjpy example I posted. I have the take profit ratio set to true (testing right out of the box).

BUY eurjpy 129.639 SL 129.118 TP 130.074 The ratio is not quite 1:1 let alone 2:1.
  • #1,720
  • Apr 24, 2013 5:01am Apr 24, 2013 5:01am
No errors in the Journal tab, but the Experts tab updates every second with Asian_OBV_v1_4 XXXXXX.G,H1:Order 1, sometimes Order2 for each pair I have the EA applied to.

Graham
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