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TCO Trader EA

  • #681
  • Jun 25, 2013 5:00am Jun 25, 2013 5:00am
Quoting TallCoolOne
{quote} Hi E, I understand that you wanted the option for the EMA cross. I have added that as a on/off toggle in version 1.4. Thanks1
Aw, MATE, you are awesome, I think that will be a reallu big improvement !!!!

Even with my short term. swing trading targets, eg. daily ATR, I figure that will screen out those pairs in trend transition (up to down and down to up)

And, no reason for the longer term traders not to use that, they have time on their side, and once they cross, the trend is (maybe) confirmed, so stick with the trade

Looking forward to 1.4

It takes a lot for me to IGNORE you, but you can try.
  • #682
  • Jun 25, 2013 6:11am Jun 25, 2013 6:11am
Quoting ymleong
{quote} Erebus Again, thank you for this contribution. Instead of being pesky and asking all sorts of idiotic questions and bugging ppl with settings, etc, this time round, pls accept my contribution (although EA was not written by me). Its a powerful order management EA that allows you to place sl/tp, by symbols, close profit by pips/$, per acct etc. Its called swiss army knife. Pls download and used on Demo to try it. Note: Original author has also included older versions for log purposes, so install the V1.51 and read the 2 page pdf included...
ymleong, is there source code available for the Swiss Army EA?
  • #683
  • Jun 25, 2013 6:13am Jun 25, 2013 6:13am
Markets are so directional - less, unless you count UP & DOWN as a direction?

How pathetic is this, I put on a "feeler" trade, AUD-USD, sell, main trend is down, between Frankfurt & London open, has never been in profit

So I turned EA loose, immediately I have 5 trades in profit?

Come on!!!!!!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: 0031.png Size: 116 KB
It takes a lot for me to IGNORE you, but you can try.
  • #684
  • Jun 25, 2013 6:21am Jun 25, 2013 6:21am
TCO or Erebus,
Just wanted to find more info on the Ichimoku trend usage on the HTF. Is the trend based on price action being above or below the Kumo cloud? I think this is correct interpretation, but I just want to confirm. If this is confirmed then just want to make sure it is programmed in the EA as such. For example the chart attached.
Attached Image (click to enlarge)
Click to Enlarge Name: E-U Daily.jpg Size: 98 KB
  • #685
  • Jun 25, 2013 6:25am Jun 25, 2013 6:25am
Quoting Erebus
Markets are so directional - less, unless you count UP & DOWN as a direction? How pathetic is this, I put on a "feeler" trade, AUD-USD, sell, main trend is down, between Frankfurt & London open, has never been in profit So I turned EA loose, immediately I have 5 trades in profit? Come on!!!!!!!!!! {image}
Erebus,

Can you please explain this intraday method of trading?

Your SL/TP parameters too?

Thanks.
  • #686
  • Jun 25, 2013 6:29am Jun 25, 2013 6:29am
Quoting MKFXTrader
TCO or Erebus, Just wanted to find more info on the Ichimoku trend usage on the HTF. Is the trend based on price action being above or below the Kumo cloud? I think this is correct interpretation, but I just want to confirm. If this is confirmed then just want to make sure it is programmed in the EA as such. For example the chart attached. {image}
Hey MK,


You can use the Kumo cloud to determine the trend. If above the cloud it is bullish, if below the cloud, bearish. However, my EA is not using the cloud at all. It is using the Tenkan Sen and Kijun Sen for determining the trend. Sometimes these cross under the cloud, where the TS crosses through the KS, but i'm using that as a bullish signal and sometimes they cross above the cloud where the TS crosses below the KS and I'm using that as a bearish signal. Thanks!
  • #687
  • Jun 25, 2013 6:29am Jun 25, 2013 6:29am
Quoting Erebus
Markets are so directional - less, unless you count UP & DOWN as a direction? How pathetic is this, I put on a "feeler" trade, AUD-USD, sell, main trend is down, between Frankfurt & London open, has never been in profit So I turned EA loose, immediately I have 5 trades in profit? Come on!!!!!!!!!! {image}
PA has sucked since FOMC.
  • #688
  • Jun 25, 2013 6:31am Jun 25, 2013 6:31am
Quoting MKFXTrader
TCO or Erebus, Just wanted to find more info on the Ichimoku trend usage on the HTF. Is the trend based on price action being above or below the Kumo cloud? I think this is correct interpretation, but I just want to confirm. If this is confirmed then just want to make sure it is programmed in the EA as such. For example the chart attached. {image}
Mate,

Never traded Ichimoku, never even researched it, probably should in case it is good strategy, TCO will be the only one to help you here, sorry,

E.
It takes a lot for me to IGNORE you, but you can try.
  • #689
  • Jun 25, 2013 6:31am Jun 25, 2013 6:31am
Quoting TallCoolOne
{quote} Hi Brad, thanks for you insight. I might have to put some delay code in the order/modify sends. I will probably target that for post 1.4. TCO.
No problem at all! I hope I was able to provide some help with the EA! The other thing I though of after that post is that the 'delay' type logic that will make the EA work in a backtest is different than the 'delay' logic that works in live trading. In the EA's that I've seen, for live trading they typically have code to handle a good number of error messages, maybe 20 or 30 error messages, whereas the backtesting logic may have some minor changes to order entry/modification logic.

Hope this helps, thanks again!

Brad
  • #690
  • Jun 25, 2013 6:31am Jun 25, 2013 6:31am
Quoting TallCoolOne
{quote} Hey MK, You can use the Kumo cloud to determine the trend. If above the cloud it is bullish, if below the cloud, bearish. However, my EA is not using the cloud at all. It is using the Tenkan Sen and Kijun Sen for determining the trend. Sometimes these cross under the cloud, where the TS crosses through the KS, but i'm using that as a bullish signal and sometimes they cross above the cloud where the TS crosses below the KS and I'm using that as a bearish signal. Thanks!
OK. I've only had experience using the cloud in the past, but weren't sure how it is programmed here. No way for it to just have PA below or above the cloud, except doing it manually? I find it to be a very good trend identifier by just having PA either above the cloud for long or below for short. I use custom settings as you can see by the cloud on my chart.
  • #691
  • Jun 25, 2013 6:33am Jun 25, 2013 6:33am
Quoting Tok
{quote} Erebus, Can you please explain this intraday method of trading? Your SL/TP parameters too? Thanks.
Which part? The feeler trade or the EA ?
It takes a lot for me to IGNORE you, but you can try.
  • #692
  • Jun 25, 2013 6:38am Jun 25, 2013 6:38am
Quoting MKFXTrader
{quote} OK. I've only had experience using the cloud in the past, but weren't sure how it is programmed here. No way for it to just have PA below or above the cloud, except doing it manually? I find it to be a very good trend identifier by just having PA either above the cloud for long or below for short. I use custom settings as you can see by the cloud on my chart.
I have not coded it for the cloud. In my backtesting using the normal Ichimoku trend determination of PA over cloud, PA over TS and KS, TS over KS and CS over PA, it didn't do as well as just TS over KS. Like I said earlier. I'm pretty much done with new development for now. I want to get 1.4 out with the 4 trend methods that we have and test it and get the bugs out. We keep adding stuff and really haven't tested what we got yet. Lets get a baseline for all the methods and the EA and then go from there. Thanks!
  • #693
  • Jun 25, 2013 6:39am Jun 25, 2013 6:39am
Quoting MKFXTrader
{quote} PA has sucked since FOMC.
Agree, but have you seen this surprise speech coming soon?

Attached Image (click to enlarge)
Click to Enlarge Name: 0032.png Size: 55 KB
It takes a lot for me to IGNORE you, but you can try.
  • #694
  • Jun 25, 2013 6:40am Jun 25, 2013 6:40am
Quoting Erebus
{quote} Which part? The feeler trade or the EA ?
The EA.

I see your SL/TP parameters are set for intraday, rather than longer-term as 100pips does.

I am interested in seeing how successful this is.
  • #695
  • Jun 25, 2013 6:45am Jun 25, 2013 6:45am
Quoting Tok
{quote} The EA. I see your SL/TP parameters are set for intraday, rather than longer-term as 100pips does. I am interested in seeing how successful this is.
Stick the EA on a demo account and give it a run, that's what I do!

You have been here long enough to do plenty of trial runs

It takes a lot for me to IGNORE you, but you can try.
  • #696
  • Jun 25, 2013 7:18am Jun 25, 2013 7:18am
Quoting TallCoolOne
{quote} I have not coded it for the cloud. In my backtesting using the normal Ichimoku trend determination of PA over cloud, PA over TS and KS, TS over KS and CS over PA, it didn't do as well as just TS over KS. Like I said earlier. I'm pretty much done with new development for now. I want to get 1.4 out with the 4 trend methods that we have and test it and get the bugs out. We keep adding stuff and really haven't tested what we got yet. Lets get a baseline for all the methods and the EA and then go from there. Thanks!
No, I wasn't looking for any more changes to the EA. I just wanted a clear understanding of how it was currently programmed. I'll just continue to use it manually on my charts. Really, it's not a big deal at all. Thanks mate.

Cheers
  • #697
  • Jun 25, 2013 7:20am Jun 25, 2013 7:20am
Quoting Erebus
{quote} Agree, but have you seen this surprise speech coming soon? {image}

Yep. I hate knee jerk reactions but whatever needs to move the market.
  • #698
  • Jun 25, 2013 7:36am Jun 25, 2013 7:36am
Hi TCO,
the EA functions are working really good.
I use the EMA Version of the EA on all charts, where MACD D1 is in confluence (e.g see pic CADJPY). Before i start the EA on a chart i proof PA manual !
The DD is low. I got 8 trades (within 3.5 Days) -> all winners. It is far to early to say it works all the time, but with your future "EMA/MACD" Version it will work automated, so we will see in the next weeks ....

As soon as PA is near prev. Daily high/low (purple lines), or Weekly high/low (yellow lines) i put my AverageTrailing EA on the chart to trail all trades of the specific pair, so i dont loose any profit.
Cheers
Tebis

PS. Att. pic of trailing EA. Perhaps we have the TrailTradeExitOption in a future Version of TCO Trader.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: TCO_V1.3_8winners.png Size: 50 KB
Click to Enlarge Name: TrailingEA.png Size: 36 KB
  • #699
  • Jun 25, 2013 7:47am Jun 25, 2013 7:47am
Quoting tebis
Hi TCO, the EA functions are working really good. I use the EMA Version of the EA on all charts, where MACD D1 is in confluence (e.g see pic CADJPY). Before i start the EA on a chart i proof PA manual ! The DD is low. I got 8 trades (within 3.5 Days) -> all winners. It is far to early to say it works all the time, but with your future "EMA/MACD" Version it will work automated, so we will see in the next weeks .... As soon as PA is near prev. Daily high/low (purple lines), or Weekly high/low (yellow lines) i put my AverageTrailing EA on the chart...
Can you attach a daily TF chart, and point out what your trying to explain about confluence? Are you saying you're waiting for MACD and EMA to be in alignment b4 you turn the EA on? thx

Cheers
  • #700
  • Jun 25, 2013 7:49am Jun 25, 2013 7:49am
Quoting tebis
Hi TCO, the EA functions are working really good. I use the EMA Version of the EA on all charts, where MACD D1 is in confluence (e.g see pic CADJPY). Before i start the EA on a chart i proof PA manual ! The DD is low. I got 8 trades (within 3.5 Days) -> all winners. It is far to early to say it works all the time, but with your future "EMA/MACD" Version it will work automated, so we will see in the next weeks .... As soon as PA is near prev. Daily high/low (purple lines), or Weekly high/low (yellow lines) i put my AverageTrailing EA on the chart...

Thanks Tebis, for sharing. Not sure what you mean by TrailTradeExitOption. TCO.
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