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TCO Trader EA

  • #1,201
  • Jul 15, 2013 1:39am Jul 15, 2013 1:39am
Quoting s3 signals
{quote} Fantastic piece of work TCO!! Can I ask what your SL and TP's were for each pair, ie did you use ATR? Also what were your max. number of orders and order delays? Think we've all got some research to do. Cheers!
Excellent question, I can only assume that he used the earliest known parameters of the original method by 100_pips, huge targets & stops

But let's wait and see what TCO comes back with

When you factors these things in, the number of tests becomes huge, making this a gargantuan task



PS: TCO, they need you over at Hopwood's House of EA's
It takes a lot for me to IGNORE you, but you can try.
  • #1,202
  • Jul 15, 2013 2:10am Jul 15, 2013 2:10am
Quote
Erebus
Excellent question, I can only assume that he used the earliest known parameters of the original method by 100_pips, huge targets & stops

Yes I guess that's what TCO has used; I think ultimately what will really transform already great figures is the stop loss/target optimisation.

Also TCO can I ask what percentage you risked per trade or did you use a fixed lot size?

Many thanks again.
John
  • #1,203
  • Jul 15, 2013 3:49am Jul 15, 2013 3:49am
Thanks TOC!!

Massive work done here and greatly appreciated. Along the lines of other queries; what parameters where used for the backtests? Any optimization? Very encouraging results!

Cheers
  • #1,204
  • Jul 15, 2013 5:08am Jul 15, 2013 5:08am
Yes TCO you have created something special, but we will never know how special until we stop tinkering with it, and do some decent forward testing. The back tests should only give us a clue as to the effectiveness of an EA, but this market is never the same from one day to the next, just too many variables, and then there are our "friendly" market makers, always willing to take our money one way or another.

From my side I am sticking to MACD and WPR and giving it a good 3 month minimum forward test before I put a cent of real money down.
  • #1,205
  • Edited 7:26am Jul 15, 2013 7:13am | Edited 7:26am
TCO,
I have no idea why the EA kept trying to open a buy order on N/U. It did not meet my criteria but what was most important was the EA on that specific pair was switched off (Allow live trading unchecked). Error 4109 kept popping up after the attempts. Very weird.
  • #1,206
  • Jul 15, 2013 8:09am Jul 15, 2013 8:09am
Quoting newentrader
{quote} Hi TCO. macd_trad_colored indicator is not there in POST 1 attachments. regards
Very sorry Newentrader. I will try to get that loaded up as soon as I can. I'm at work right now. Let me see what I can do. Seems like when posting updates there are a millions ways to makes mistakes and I'm finding them all. Sorry for the confusion and inconvenience. Thanks!
  • #1,207
  • Jul 15, 2013 8:16am Jul 15, 2013 8:16am
Quoting MKFXTrader
TCO, I have no idea why the EA kept trying to open a buy order on N/U. It did not meet my criteria but what was most important was the EA on that specific pair was switched off (Allow live trading unchecked). Error 4109 kept popping up after the attempts. Very weird.
The fact that you have live trading unchecked, causes the 4109 error.
The EA tries to buy, but that is not allowed because you unchecked it.

When you are sure, the conditions are such that no buying should take place, there is a bug in the logic of he program somewhere.
  • #1,208
  • Jul 15, 2013 8:18am Jul 15, 2013 8:18am
Hi Guys, thanks for the kind words. I'm very sorry about not being more specific on the back testing. The back testing dates were from 1/2/2012 to 5/27/2013.

Starting balance of $10,000, I used TTF = 1440, LTF = 60, 0.01 per $1000 for lot sizing, barmode, 8 max trades, 12 bar delay. ATR TP 3, ATR SL 2. So the only other tweaks are outlined in the spreadsheet under each trend method, under each pair. This is no guarantee of future success, but it should give us a good indication of what might work going forward. Thanks - TCO.
  • #1,209
  • Jul 15, 2013 8:23am Jul 15, 2013 8:23am
Quoting TallCoolOne
{quote} Very sorry Newentrader. I will try to get that loaded up as soon as I can. I'm at work right now. Let me see what I can do. Seems like when posting updates there are a millions ways to makes mistakes and I'm finding them all. Sorry for the confusion and inconvenience. Thanks!

Okay. the MACD trad colored indicator has been saved in post 1. I found it on Hanover's thread. Thanks!
  • #1,210
  • Jul 15, 2013 8:39am Jul 15, 2013 8:39am
Quoting TallCoolOne
{quote} Here is one suggestion. If you are suing Bar Mode, which it appears you are. The EA must be on the lower TF chart, which would be the 1 Hour chart, not the daily. Thanks!
TCO,

Regret but no sucess. I'm doing following:


1) Copy TCO_Trader EA into Experts folder
2) Copy macd_adjustable & MA ribbon filled 2 x 14 indicators into the Indicators folder
3) Copy the template into Templates folder
4) Restart MT4 platform
5) Load template onto desired lower time frame (1hr) chart for each pair you wish to trade.
6) Pull EA over on chart (1hr).

Do I need to change anything in the EA settings or default settings should be enough.

Tks, lind
  • #1,211
  • Jul 15, 2013 10:15am Jul 15, 2013 10:15am
Quoting lind
{quote} TCO, Regret but no sucess. I'm doing following: 1) Copy TCO_Trader EA into Experts folder 2) Copy macd_adjustable & MA ribbon filled 2 x 14 indicators into the Indicators folder 3) Copy the template into Templates folder 4) Restart MT4 platform 5) Load template onto desired lower time frame (1hr) chart for each pair you wish to trade. 6) Pull EA over on chart (1hr). Do I need to change anything in the EA settings or default settings should be enough. Tks, lind
Hi Lind, post your setting file here, and I will take a look tonight when I get home. Sorry for the difficulties. Thanks!
  • #1,212
  • Jul 15, 2013 10:36am Jul 15, 2013 10:36am
Thanks TCO for your hard work. I have this problem. I replace 1.4 with 1.5. But after I pulled it over on the chart it still says 1.4 Any clues any body
  • #1,213
  • Jul 15, 2013 11:03am Jul 15, 2013 11:03am
I found the problem. The TCO Trader.exe wasnt updated. I'm a happy camper now.
  • #1,214
  • Jul 15, 2013 11:16am Jul 15, 2013 11:16am
So it looks like so far Ichimoku WPR non-Con is in the lead with 31.4. Is that the way others are reading it.
  • #1,215
  • Jul 15, 2013 12:57pm Jul 15, 2013 12:57pm
Quoting TallCoolOne
{quote} Hi Lind, post your setting file here, and I will take a look tonight when I get home. Sorry for the difficulties. Thanks!
Hi TCO, I'm keeping original settings as per post 1. Tks, Lind
  • #1,216
  • Jul 15, 2013 2:33pm Jul 15, 2013 2:33pm
TCO:

Many thanks for the generous sharing of your work. I am still testing V 1.4 with 4H trend and 15M WPR entry and getting good results. I thank you for the flexibility that you built into the program.

May all your pips be green .....

T
  • #1,217
  • Jul 15, 2013 3:14pm Jul 15, 2013 3:14pm
Dear TCO

Many tanks from switzerland for all you work.
I did search within the forum about how to configure the LWMA method. Actually, I cannot figure out how to configure the LWMA method in the ea.

How can this been configured?

Thank You

PBPTaker
  • #1,218
  • Jul 15, 2013 3:49pm Jul 15, 2013 3:49pm
Quoting PBPTaker
Dear TCO Many tanks from switzerland for all you work. I did search within the forum about how to configure the LWMA method. Actually, I cannot figure out how to configure the LWMA method in the ea. How can this been configured? Thank You PBPTaker
Have you even bothered to look at the trader EA instructions? Everything is there.
  • #1,219
  • Jul 15, 2013 5:11pm Jul 15, 2013 5:11pm
Quoting rexio
{quote} The fact that you have live trading unchecked, causes the 4109 error. The EA tries to buy, but that is not allowed because you unchecked it. When you are sure, the conditions are such that no buying should take place, there is a bug in the logic of he program somewhere.
TCO and Rexio
Ok. It is definitely a bug. It happened again as I was at the computer. Lower TF was at OB/OS area and met the condition set to open a trade. Although the EA is turned off on the N/U pair, it still tries to open trade but encounters an error code 4109. It continues trying to open a short position over and over and over, ect.... again. The EA was set up to only open short positions, but earlier it was set up to open only long positions. I changed the setting to see if there was a bug. Hope the info helps.
  • #1,220
  • Jul 15, 2013 5:34pm Jul 15, 2013 5:34pm
Quoting lind
{quote} Do I need to change anything in the EA settings or default settings should be enough. Tks, lind
Have you had any trades open now that the EA is on 1 hours charts?

Apart from actually knowing which method you are / want to trade, it should work with default settings.

Have you clicked on top toolbar of MT4?

TOOLS ---> OPTIONS ---> EXPERT ADVISORS

ARE those setting correct for Live Trading?

It takes a lot for me to IGNORE you, but you can try.
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