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TCO Trader EA

  • #181
  • Jun 11, 2013 4:41pm Jun 11, 2013 4:41pm
The template had the wrong settings for the EAs. They should be set to 20 and 50.
  • #182
  • Jun 11, 2013 5:41pm Jun 11, 2013 5:41pm
Quoting TallCoolOne
{quote} Sorry Erebus I didn't reply earlier, good to hear. Good to see someone testing the BE SL. Keep us in the loop on the 1ATR settings. Thanks! Guys, if you post a message in the thread and I don't reply, don't be afraid to resubmit the msg to the thread or send a PM. Sometimes I miss things. Thanks!
Keep you in the loop, no problem, can do much better than that, didn't have much work for this account reporting software I have but now I dusted it off and I like the results; can't wait to hit 100 trades to see the percentage results.

See the screenshot below, to see what I talking about!

And your comment about setting the 3 methods to "false" and using the OnlyLong / OnlyShort filter, has given me an idea of how to set up the EA to make Turtle trades; now with the trailing stop feature, this could be awesome

Big thanks again
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  • #183
  • Jun 11, 2013 6:26pm Jun 11, 2013 6:26pm
Quoting billbss
The template had the wrong settings for the EAs. They should be set to 20 and 50.

Not if you are putting the template on the hourly chart. The settings show what the Daily EMA would look like on the hourly chart. Please read post 1.
  • #184
  • Jun 11, 2013 6:33pm Jun 11, 2013 6:33pm
Quoting rswamy4449
{quote} ------------------- TCO: hi! Thank you for the prompt message. What I mean is, on this example--nzdjpy-- high time presently (20--50 EMA--1440) is on down trend. Sure, according to set crieria, it should take buy trades when the Williams % meet the trigger condition (< -80 levels). Though this criteria can be met only when high time frame establishes uptrend ( on buy mode set). Presently, nzdjpy pair main trend is at downtrend. Iam using= Use_ichimoku_Trend=false; Use _MACD_Trend=false; Use _EMA_Trend=True Thanks! Regards, rswamy



Tell me what you mean by buy mode. Do you mean GoLong = true ?

If you set that to true, it will ignore EMA_Trend = true.

If you want to use the EMA_Trend for your trading, then make GoLong = false and make GoShort = false and EMA_Trend = true
  • #185
  • Jun 11, 2013 6:34pm Jun 11, 2013 6:34pm
Quoting Erebus
{quote} Keep you in the loop, no problem, can do much better than that, didn't have much work for this account reporting software I have but now I dusted it off and I like the results; can't wait to hit 100 trades to see the percentage results. See the screenshot below, to see what I talking about! And your comment about setting the 3 methods to "false" and using the OnlyLong / OnlyShort filter, has given me an idea of how to set up the EA to make Turtle trades; now with the trailing stop feature, this could be awesome Big thanks again ...

Wow Erebus. Nice results. That is very nice to see. I hope it continues for you. Thanks!
  • #186
  • Jun 11, 2013 6:44pm Jun 11, 2013 6:44pm
Quoting TallCoolOne
{quote} Tell me what you mean by buy mode. Do you mean GoLong = true ? If you set that to true, it will ignore EMA_Trend = true. If you want to use the EMA_Trend for your trading, then make GoLong = false and make GoShort = false and EMA_Trend = true
-----------------------------
TCO: Hi!

Yes, I mean buy mode= GoLong
Now I got it, and that explains everything, perfectly.

Earlier I understood otherway. Thank you!
Regards,
rswamy
  • #187
  • Jun 11, 2013 6:50pm Jun 11, 2013 6:50pm
Quoting TallCoolOne
{quote} Tell me what you mean by buy mode. Do you mean GoLong = true ? If you set that to true, it will ignore EMA_Trend = true. If you want to use the EMA_Trend for your trading, then make GoLong = false and make GoShort = false and EMA_Trend = true
You guys lost me...

Where is GoLOng & GoShort settings?

Are you talking about these in picture or am I missing something as I don't find them in EA settings?

Thanks, E.
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  • #188
  • Jun 11, 2013 7:00pm Jun 11, 2013 7:00pm
Quoting Erebus
{quote} You guys lost me... Where is GoLOng & GoShort settings? Are you talking about these in picture or am I missing something as I don't find them in EA settings? Thanks, E. {image}

Okay..here we go. In version 1.2 which is now on post 1. These new settings were added to the EA.

Discretionary_Settings = "Discretionary Trend Settings";
GoLong = false; - If set to true will only take buy trades on appropriate Williams% signal, make sure all other trend
determination methods are set to false
GoShort = false; - If set to true will only take sell trades on appropriate Williams% signal, make sure all other trend
determination methods are set to false


This would be used by the trader if they had a discretionary method for determining the trend and didn't want to use the Ichimoku, 20/50 EMA or MACD methods. So they would set those methods to false and set GoLong = true for an uptrend or GoShort = true for the downtrend.

I'm sorry this is not clear for everyone.
  • #189
  • Jun 11, 2013 7:15pm Jun 11, 2013 7:15pm
Quoting TallCoolOne
{quote} Okay..here we go. In version 1.2 which is now on post 1. These new settings were added to the EA. Discretionary_Settings = "Discretionary Trend Settings"; GoLong = false; - If set to true will only take buy trades on appropriate Williams% signal, make sure all other trend determination methods are set to false GoShort = false; - If set to true will only take sell trades on appropriate Williams% signal, make sure all other trend determination methods are set to false This would be used by the trader if they had a discretionary method for...
Great, I must of missed the update message, I was away all day yesterday

This is excellent as I mention, I would like to trial the EA but use Turtle Channel as the filter for trend on Daily

But still have the W%R entry function as it seems to catch the retracements just at the right time

So I back to the drawing board, thanks, just what I need
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  • #190
  • Jun 11, 2013 9:36pm Jun 11, 2013 9:36pm
Is anyone setting up a side by side chart for each strategy? We need to do that, for say 3 or 6 months to see if there are any major differences.
Gary
  • #191
  • Jun 11, 2013 9:51pm Jun 11, 2013 9:51pm
Hi TCO.

I'm testing the EA and I think it is a bug with TP and SL for sell orders.

I select TP = 150 and SL = 0.

I made BT. With Buy orders all is ok but with Sell orders TP was not updated.

I saw a code and I found it:

With Buy orders you have:

"if((BuyTicket > 0) && ((TakeProfit > 0) || (StopLoss > 0)))"

But with Sell orders you have:

"if((SellTicket > 0) && ((TakeProfit > 0) && (StopLoss > 0)))"

It needs to be

if((SellTicket > 0) && ((TakeProfit > 0) || (StopLoss > 0)))

With regards,

Maudur
Enter Signature
  • #192
  • Jun 11, 2013 10:29pm Jun 11, 2013 10:29pm
Also, I found next:

At end of "if(BuySignal == true)", the EA has:

...
if(BuyTakeProfit > 0)
{
BuyTakeProfit = AdjustAboveStopLevel(Symbol(),BuyTakeProfit,5);
}
AddStopProfit(BuyTicket,BuyStopLoss,BuyTakeProfit);

But, at end of "if(SellSignal == true)", the EA has:

...
if(SellTakeProfit > 0)
{
SellTakeProfit = AdjustBelowStopLevel(Symbol(),SellTakeProfit); // without 5
}
AddStopProfit(SellTicket,SellStopLoss,SellTakeProfit);

It is correct?

With regards,

Maudur
Enter Signature
  • #193
  • Jun 11, 2013 10:41pm Jun 11, 2013 10:41pm
Quoting alpine4133
Is anyone setting up a side by side chart for each strategy? We need to do that, for say 3 or 6 months to see if there are any major differences.
I think TCO is running one demo for each of the three trend methods. Should be adding them as Trade Explorers soon.

Scott
Prices are never too high to begin buying or too low to begin selling.
  • #194
  • Jun 11, 2013 11:53pm Jun 11, 2013 11:53pm
Quoting alpine4133
Is anyone setting up a side by side chart for each strategy? We need to do that, for say 3 or 6 months to see if there are any major differences.
And furthermore, I want a guarantee that future results will be the same as those test results



Question for TCO - re the positions size calculation

- If I use DynamicLotSize = true it will ignore the StopLoss pips and use ATR_SL_Setting ??? I have it set for true

Thanks, E.
It takes a lot for me to IGNORE you, but you can try.
  • #195
  • Jun 12, 2013 2:30am Jun 12, 2013 2:30am
Quoting TallCoolOne
{quote} Nice....I'm glad it is working for you. What are trend method are you testing? What are your settings? Thanks!
Hi TCO, I'm using EMA trend, MaxPos 6, Delay 6h, ATR SL/TP, WPR and CheckOncePerBar false, CloseTradeOnOppositeSignal true...
but this morning I'm getting big DD because of weaker JPY...should have used CloseAfterPctProfit option yesterday..., no matter stii learning...

HT jdva
I never lose - either I win or I learn...
  • #196
  • Jun 12, 2013 4:14am Jun 12, 2013 4:14am
Quoting maudur
Also, I found next: At end of "if(BuySignal == true)", the EA has: ... if(BuyTakeProfit > 0) { BuyTakeProfit = AdjustAboveStopLevel(Symbol(),BuyTakeProfit,5); } AddStopProfit(BuyTicket,BuyStopLoss,BuyTakeProfit); But, at end of "if(SellSignal == true)", the EA has: ... if(SellTakeProfit > 0) { SellTakeProfit = AdjustBelowStopLevel(Symbol(),SellTakeProfit); // without 5 } AddStopProfit(SellTicket,SellStopLoss,SellTakeProfit); It is correct? With regards, Maudur

Good finds Maurdur, I will make sure those are corrected on the next release.
  • #197
  • Jun 12, 2013 5:15am Jun 12, 2013 5:15am
Quoting Erebus
{quote} And furthermore, I want a guarantee that future results will be the same as those test results Question for TCO - re the positions size calculation - If I use DynamicLotSize = true it will ignore the StopLoss pips and use ATR_SL_Setting ??? I have it set for true Thanks, E.

Hi Erebus it should use the ATR_SL over the normal SL for the dynamic lot sizing.
  • #198
  • Jun 12, 2013 6:05am Jun 12, 2013 6:05am
A couple of questions if you don't mind regarding V 1.2


The parameter CheckOncePerBar is that just for the trailing s/l or does it affect the Williams% indicator too?


The Parameter Close_Trades_On_Opposite_Signal if set to true will positions close out intraday if/when MACD changes from red to blue or does it wait for a close of current candle to see if there is a permanent colour change?
  • #199
  • Jun 12, 2013 6:39am Jun 12, 2013 6:39am
Quoting normtold
A couple of questions if you don't mind regarding V 1.2 The parameter CheckOncePerBar is that just for the trailing s/l or does it affect the Williams% indicator too? The Parameter Close_Trades_On_Opposite_Signal if set to true will positions close out intraday if/when MACD changes from red to blue or does it wait for a close of current candle to see if there is a permanent colour change?
I got the answer for first question - YES it does, all my trade opening times are right on the hour eg. 11:00, 13:00 and on the open price of new 1 hour bar
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  • #200
  • Jun 12, 2013 6:41am Jun 12, 2013 6:41am
Quoting TallCoolOne
{quote} Hi Erebus it should use the ATR_SL over the normal SL for the dynamic lot sizing.
OK, thanks, got some trades going and yes, that is how it is working

Now just need this market to turn around, what is going on, sure taking out stops on the Aussie crosses
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