post #1001 
i worshipped... Momentum
{quote}
Hi YM,
You do not need the Turtle indicator for the EA to use the Turtle Trend Method. I put the necessary logic in the EA to determine the Turtle Trend and it does not call the indicator at all. The indicator is only for the chart and if you don't use it on the chart, you will still be okay as far as the EA functions.
I will try out the EA analyzer and see how it works. Also, I will upload the testing results when I complete the testing. It will take some time. I'm halfway through the MACD testing now. Thanks!
- #1,003
- Jul 2, 2013 10:09am Jul 2, 2013 10:09am
- Joined Mar 2010 | Status: Trader | 5,930 Posts
Forex can only be understood backwards, but it must be traded forwards.
- #1,004
- Jul 2, 2013 10:16am Jul 2, 2013 10:16am
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
- #1,006
- Jul 2, 2013 10:50am Jul 2, 2013 10:50am
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
don't be let down. you have to know one way fails so that you take the other route. i spent my whole last week testing this "auto" idea...... i've traded this LIVE for 1 month. results +. 100pips did in his thread agree that this'd better be an automatic entry system, but need a trader's intervention on SL/TP. what i did is only 1 hour scanning thru the market during the weekend, to pick the trending pairs (very simple, just look the daily chart and determine in a minute: up? down? or not fxxx moving?), then drag EA to those trending pairs. and...
Nope...too late...I quit.
. Anybody want to buy a slightly used laptop and my EA programming guide?
- #1,009
- Jul 2, 2013 11:40am Jul 2, 2013 11:40am
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
- #1,010
- Edited 1:30pm Jul 2, 2013 1:12pm | Edited 1:30pm
- | Joined Jan 2013 | Status: Live the dream.... | 1,153 Posts
- #1,013
- Jul 2, 2013 10:43pm Jul 2, 2013 10:43pm
{quote} Nope...too late...I quit.
TF
Prices are never too high to begin buying or too low to begin selling.
- #1,014
- Jul 2, 2013 11:47pm Jul 2, 2013 11:47pm
Order Management EA from EA-Coder (freeware) for download. Almost pull out my hair coz swiss army knife closed off 2 of my 4 positions when they total abt 52pips. The reason was that I had placed 500 as profit pips, thinking that 500 meant 500pips right? Wrong! It meant 50pips, so for 500pips per acct, u had to enter as 5000. In addition the EA had some sort of unknown bugs whereby it can sorta ignore some trades and didnt manage to do a basket closed
So this is hopefully a better version, enjoy. As usual, works with symbols, acct equity, pips, with break evens (NO hedging ability) though but with trailing as well
IMHO: If u need the EA to hedge a trade (unlike TCO trader which MANAGES it by closing a trade when an opposite direction is detected, provided u have set to closeonopposite), then u have the wrong EA. It meant that EA is nearly always taking the wrong direction to trade. TCO trader is not what I would call hedging coz trend changes and fast in a fast moving market, EA are not that intelligent, it detects the trend (eg u attached to 1hr chart and it read the bar close at 1hr, if u set this to use checkonceperbar), but within next hr, a huge move could whacked out the conditions, thus EA had to closed those open trades and trade along that trend that is current. Hedging meant opening buy/sell AT same time (at least my trading knowledge, despite being limited, have learnt this fact and hopefully I wont get pancaked for this comment).
http://www.ea-coder.com/forex-softwa.../#.UdOtYqxYXbo
So this is hopefully a better version, enjoy. As usual, works with symbols, acct equity, pips, with break evens (NO hedging ability) though but with trailing as well
IMHO: If u need the EA to hedge a trade (unlike TCO trader which MANAGES it by closing a trade when an opposite direction is detected, provided u have set to closeonopposite), then u have the wrong EA. It meant that EA is nearly always taking the wrong direction to trade. TCO trader is not what I would call hedging coz trend changes and fast in a fast moving market, EA are not that intelligent, it detects the trend (eg u attached to 1hr chart and it read the bar close at 1hr, if u set this to use checkonceperbar), but within next hr, a huge move could whacked out the conditions, thus EA had to closed those open trades and trade along that trend that is current. Hedging meant opening buy/sell AT same time (at least my trading knowledge, despite being limited, have learnt this fact and hopefully I wont get pancaked for this comment).
http://www.ea-coder.com/forex-softwa.../#.UdOtYqxYXbo
- #1,015
- Edited 12:48am Jul 3, 2013 12:09am | Edited 12:48am
{quote} Can't believe he didn't tell us sooner! Do I also need to return the money I have made with this system?
Turtle, I am with you here, I made $5k on demo acct. ALL ea's are not that smart no matter what the nots u did or didnt. IMHO some suggestion Charvo,
1) Calculate your risk in advance and make sure that you have set risk % of acct equity/balance/free margin (whatever tickles u) with some reasonable guide line, eg, 1-5% is conservative, >5-10% is mid aggressive and >10-15% is aggressive, >15-20% is highly aggressive and anything beyond that, well, it maybe just turned into margin call (* Not a bible, just my own personal preferences, subs it to any numbers u like)
2) Track performance of ANY EA EXCEPT those by God, in a demo acct, track which cur/trading method is best of breed, eg, TCO trader had ema, macd and ichi etc
3) BE PATIENT, then apply that same settings to your live acct. Be as REALISTIC as possible, eg, if u are going to use $5K as Live acct, test your demo with $5K. If u blow ur demo, u are either doing something wrong or u shld throw the EA away
4) Use ORDER MANAGEMENT to manage your orders, any sort of SL/TP settings can and MAY FAILED. FYI, even GOD sent a flood to destroy earth when he learned that man have become too evil and thought that he was doing something wrong in creating us.
TCO: I am so happy with the result that I will be going live in August with my tuned settings. Pleeze Pleeze Pleeze dont retire coz of just one guy, WE who have been following your developments and testing your EA is happy with it. ALL of us here is awaiting your greatness of V1.51 or V1.6.
PS: Maybe we shld set up a fund, whereby all of us who make profits from it contribute just 3% of their profits and that shld be enough for TCO to get a new buff shine laptop. (* BTW what are u doing w a laptop, shld we get u a new buff shine tablet instead, then u can even bring this with u to the "john" and code away while waiting for some "output")
- #1,018
- Jul 3, 2013 12:50am Jul 3, 2013 12:50am
- | Joined Jan 2013 | Status: Live the dream.... | 1,153 Posts
{quote} hi prozor, i'm more conservative in my tp/sl with this EA, ATR TP Settings extern int ATR_TP_TF = 1440; extern int ATR_TP_Per = 7; extern double ATR_TP_Mult = 1.0; ATR SL Settings extern bool Use_ATR_SL = true; extern int ATR_SL_TF = 1440; extern int ATR_SL_Per = 7; extern double ATR_SL_Mult = 1.5; BreakEvenStop=true; BreakEvenProfit=65; BreakEvenSL=10;
- #1,019
- Jul 3, 2013 1:28am Jul 3, 2013 1:28am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
I never lose - either I win or I learn...
- #1,020
- Jul 3, 2013 1:34am Jul 3, 2013 1:34am
- Joined Jun 2012 | Status: Trader | 1,281 Posts
I never lose - either I win or I learn...