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TCO Trader EA

  • #521
  • Jun 20, 2013 10:16pm Jun 20, 2013 10:16pm
Quoting Erebus
Brought to you at great expense and huge personal hardship, today's 20 / 50 report Yesterday - 25 closed trades - +$2,658.63 * I only just thought about using the MT4 History day setting to screen this out * Now I can go back on daily basis for each day Currently as I type, 24 open trades, give or take +$8,000 I don't know what I was thinking yesterday, but I wanted to reach 50% gain and I thought it was FRIDAY and would never make! Now, I realize it is Friday, and the Trade Explorer is saying EQUITY = $158,000 So, see what today's trading...

1.3 EA? also what settings are you running this time?
  • #522
  • Jun 20, 2013 10:49pm Jun 20, 2013 10:49pm
Quoting Erebus
{quote} Hi fxarcher, Not TCO but I can tell you that there are 2 settings you need to check, comprehend and use them in the way you want them to act according to the price action. First, CheckOncePerBar, this is the 1 Hour bar, if true, then when trade conditions are met, the trade is opened on the start of new hour and bar opening price; if false, trade is met in real time, when trading conditions are met. You can look to your open trades to see if they are all on the hour eg 11:00, 12:00 or odd times eg 11:13, 12:42 Second, way down the bottom,...
Thanks Erebus
This is what I was referring to
Thanks
Fxarcher
Attached Image (click to enlarge)
Click to Enlarge Name: 100Pips Post.png Size: 22 KB
  • #523
  • Jun 20, 2013 10:53pm Jun 20, 2013 10:53pm
Quoting irampagemc
{quote} 1.3 EA? also what settings are you running this time?
Just love these random comments from nowhere

I don't even mention 1.3 in my post but I notice that fxarcher did

V 1.3 has been out since Monday 17 June, everyone shoule be running it by now

I have published my settings since then

If it is not too much trouble, just go back and read them

Start from here, should get you going, only 171 posts

http://www.forexfactory.com/showthre...26#post6759126
It takes a lot for me to IGNORE you, but you can try.
  • #524
  • Jun 20, 2013 11:01pm Jun 20, 2013 11:01pm
Quoting fxarcher
{quote} Thanks Erebus This is what I was referring to Thanks Fxarcher {image}
Good point, being that was 100_pips, we must assume that is how he had khaled program the EA for his method

I have been under the impression that price only had to be above / below both EMA's to qualify

Something that needs to be checked and clarify with TCO in regards to his EA coding

Not sure what his timezone is and when he surfaces

It takes a lot for me to IGNORE you, but you can try.
  • #525
  • Jun 20, 2013 11:03pm Jun 20, 2013 11:03pm
Quoting fxarcher
{quote} Thanks Erebus This is what I was referring to Thanks Fxarcher {image}
Looks like you have a point...i am running version 1.2 and I did not get that buy trade
  • #526
  • Jun 20, 2013 11:09pm Jun 20, 2013 11:09pm
Quoting Erebus
{quote} Good point, being that was 100_pips, we must assume that is how he had khaled program the EA for his method I have been under the impression that price only had to be above / below both EMA's to qualify Something that needs to be checked and clarify with TCO in regards to his EA coding Not sure what his timezone is and when he surfaces
Thanks Guys

Just to be clear, these are my settings.

Fxarcher
Attached Image (click to enlarge)
Click to Enlarge Name: 6-20-2013 8-26-55 PM.png Size: 48 KB
  • #527
  • Jun 20, 2013 11:25pm Jun 20, 2013 11:25pm
Quoting fxarcher
{quote} Thanks Guys Just to be clear, these are my settings. Fxarcher {image}
Hi fxarcher,
I believe you have your setting to use macd and not to use 20/50 ema so that could be why your ea took that trade
  • #528
  • Jun 20, 2013 11:29pm Jun 20, 2013 11:29pm
Quoting fxarcher
{quote} Thanks Guys Just to be clear, these are my settings. Fxarcher {image}

Sorry !!
These are the correct settings for that EJ that took the trade. Thats what happens when you run a 180 charts.
Fxarcher
Attached Image (click to enlarge)
Click to Enlarge Name: Corrected input.png Size: 66 KB
  • #529
  • Jun 21, 2013 12:00am Jun 21, 2013 12:00am
Quoting TallCoolOne
{quote} Hi Erin, thanks for your kind words. I'm sorry about the 141 error. I have not seen this error with IBFX. I wonder if the EA was trying open many orders at one time and then perform the TP and SL modify and this overwhelmed the FXCM. I'm not sure.
Hi TCO,
Well, my FXCM demo have the same 141 error too running on my VPS with EA on 12pairs. I ran the EA on Alpari UK for 1 week and did not encounter that same error.
Anyway, i did some modifications to the OpenBuyOder,OpenSellOrder and AddStopProfit functions to introduce retries/delays to circumvent the broker server lags and is monitoring the EA behavior now.

Cheers
ck
  • #530
  • Jun 21, 2013 3:43am Jun 21, 2013 3:43am
Entry for GOLD ..... anyone?
Attached Image (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #531
  • Jun 21, 2013 4:16am Jun 21, 2013 4:16am
Quoting Erebus
Brought to you at great expense and huge personal hardship, today's 20 / 50 report Yesterday - 25 closed trades - +$2,658.63 * I only just thought about using the MT4 History day setting to screen this out * Now I can go back on daily basis for each day Currently as I type, 24 open trades, give or take +$8,000 I don't know what I was thinking yesterday, but I wanted to reach 50% gain and I thought it was FRIDAY and would never make! Now, I realize it is Friday, and the Trade Explorer is saying EQUITY = $158,000 So, see what today's trading...

Erebus,
Can you clarify if you are using tick mode or bar close and also WPR confirmed yes or no? Just want clarification as I have seen a few of your settings from previous posts, and each are different when it came to this. If not then what settings of the described is most efficient in your experience of running this EA? Are you still using the setup from post #226 or #520 or #442 and #444? Maybe you have different setup for each demo. I'm test running multiple setups, but I haven't ran it as long as you have. Thank you
  • #532
  • Jun 21, 2013 4:51am Jun 21, 2013 4:51am
Hi all,

Am using TCO Trader EA with 20 EMA & 50 EMA.
Read 100PipsADay Thread on how this system works and my understanding is to look at Daily Chart for Buy or Sell Signal.
Price above 20 EMA & 50 EMA = Buy
Price below 20 EMA & 50 EMA = Sell

We then look at H1 on William % Range for Entries.

Now my question below is in this 2 pics shows that price in Daily is above 20 EMA & 50 EMA so we should be looking for buy positions right?
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpydaily.png Size: 59 KB


Next in H1 shows that William % Range is OverSold.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpyh1.png Size: 62 KB


Now why did the EA enter a sell trade here? Trying to figure this out.
Would someone be so kind to tell me where have I understood the strategy wrong.
  • #533
  • Jun 21, 2013 4:57am Jun 21, 2013 4:57am
Quoting fxarcher
Hi TCO Been running a few versions of the new 1.3 trader with great success, Thank you. The EA took this buy trade , but i thought that it would not take buy trades unless the Daily candle closes above the 20/50EMA or does only the price simply need to be above the 20/50 EMAs? I am also running the previous version TCO Trader which did not take this trade. Thank you Fxarcher {image}

Hi fxarcher, it will take the trade on the close of the lower TF bar if you are in bar mode. It will take the trade if the Bid goes above the EMA on tick mode.
  • #534
  • Jun 21, 2013 5:05am Jun 21, 2013 5:05am
Quoting fxarcher
{quote} Thanks Erebus This is what I was referring to Thanks Fxarcher {image}

Hi fxarcher, I see what you are saying here. This might be a good filter to add. Make sure previous D1 bar has closed above or below the EMA and then make sure the currently hourly PA is above also. These changes would be more inline with 100Pips strategy. Thanks for pointing that out. I will make this change on the next update. TCO.
  • #535
  • Jun 21, 2013 5:09am Jun 21, 2013 5:09am
Quoting darkgsg
{quote} Hi TCO, Well, my FXCM demo have the same 141 error too running on my VPS with EA on 12pairs. I ran the EA on Alpari UK for 1 week and did not encounter that same error. Anyway, i did some modifications to the OpenBuyOder,OpenSellOrder and AddStopProfit functions to introduce retries/delays to circumvent the broker server lags and is monitoring the EA behavior now. Cheers ck

Nice Dark, keep us posted on your fix and let us know if it clears it up. I would hate to have to add that to the EA but we may have to. Thanks for your efforts.
  • #536
  • Jun 21, 2013 5:09am Jun 21, 2013 5:09am
Quoting Hennessy
Hi all, Am using TCO Trader EA with 20 EMA & 50 EMA. Read 100PipsADay Thread on how this system works and my understanding is to look at Daily Chart for Buy or Sell Signal. Price above 20 EMA & 50 EMA = Buy Price below 20 EMA & 50 EMA = Sell We then look at H1 on William % Range for Entries. Now my question below is in this 2 pics shows that price in Daily is above 20 EMA & 50 EMA so we should be looking for buy positions right? {image} Next in H1 shows that William % Range is OverSold. {image} Now why did the EA enter a sell trade here? Trying...
Do you have your EMA's setup properly on the daily chart because it doesn't look anything like mine. I also have a short opened.
Attached Image
  • #537
  • Jun 21, 2013 5:20am Jun 21, 2013 5:20am
Quoting MKFXTrader
{quote} Do you have your EMA's setup properly on the daily chart because it doesn't look anything like mine. I also have a short opened. {image}
Thanks for the tip, just saw the settings were at 480 and 1200
Have changed them to 20 and 50.

MKFXTrader, are these ur EMA settings?

Attached Image
  • #538
  • Jun 21, 2013 5:24am Jun 21, 2013 5:24am
Quoting Hennessy
Hi all, Am using TCO Trader EA with 20 EMA & 50 EMA. Read 100PipsADay Thread on how this system works and my understanding is to look at Daily Chart for Buy or Sell Signal. Price above 20 EMA & 50 EMA = Buy Price below 20 EMA & 50 EMA = Sell We then look at H1 on William % Range for Entries. Now my question below is in this 2 pics shows that price in Daily is above 20 EMA & 50 EMA so we should be looking for buy positions right? {image} Next in H1 shows that William % Range is OverSold. {image} Now why did the EA enter a sell trade here? Trying...
Hey Hennessy,

I've got same doubt as you in AUD/JPY pair. I was going to post same question. If you look daily chart price is above EMAs so we have to look just for buy positions. Two times the EA opened a sell order when the William % Range was OB in 1H TF. That isn't make any sense regards to EMA 20-50 estrategy.

By the way I'm using same Erebus settings posted in this thread in #226 post. Just the EMA estrategy with WPR_confirmation set to true.

Can anuybody help to clariry this problem?



EDIT: soooorry, I've just seen the problem with the wrong EMA settings on the Daily chart, just solved!


Thank you in advence
Toni
  • #539
  • Jun 21, 2013 5:24am Jun 21, 2013 5:24am
Quoting Hennessy
{quote} Thanks for the tip, just saw the settings were at 480 and 1200 Have changed them to 20 and 50. MKFXTrader, are these ur EMA settings? {image}


Yes.
  • #540
  • Jun 21, 2013 5:25am Jun 21, 2013 5:25am
Quoting forexdaist
{quote} Hey Hennessy, I've got same doubt as you in AUD/JPY pair. I was going to post same question. If you look daily chart price is above EMAs so we have to look just for buy positions. Two times the EA opened a sell order when the William % Range was OB in 1H TF. That isn't make any sense regards to EMA 20-50 estrategy. By the way I'm using same Erebus settings posted in this thread in #226 post. Just the EMA estrategy with WPR_confirmation set to true. Can anuybody help to clariry this problem? Thank you in advence Toni
Mate,

you might have the same problem as me. Check ur EMA settings. Ensure that the settings are as posted above.
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