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TCO Trader EA

  • #1,261
  • Jul 17, 2013 1:06am Jul 17, 2013 1:06am
hi ymleong,
I believe you can just change the magic numbers without re-compiling the EA. Just change them before hitting the "Expert Adviser" button.

cheers
ck
  • #1,262
  • Jul 17, 2013 4:14am Jul 17, 2013 4:14am
Quoting darkgsg
hi ymleong, I believe you can just change the magic numbers without re-compiling the EA. Just change them before hitting the "Expert Adviser" button. cheers ck

Thanks!
  • #1,263
  • Jul 17, 2013 7:39am Jul 17, 2013 7:39am
Does anyone have a indicator / utility program that will show profit for entire account by magic number, or by the pairs?
Gary
  • #1,264
  • Jul 17, 2013 8:08am Jul 17, 2013 8:08am
Quoting alpine4133
Does anyone have a indicator / utility program that will show profit for entire account by magic number, or by the pairs?
If you set up a Trade Explorer here at FF, it will show you profit/pips by pair.

TF
Prices are never too high to begin buying or too low to begin selling.
  • #1,265
  • Jul 17, 2013 8:14am Jul 17, 2013 8:14am
Quoting alpine4133
Does anyone have a indicator / utility program that will show profit for entire account by magic number, or by the pairs?

Do what I do assigned different magic numbers to different cur or groups. Eg you may create a logical group named major which has all the xxxusd cur. Or logically group macd trend method, vs ema trend vs turtle etc. This way you can track by this group via myfxbook. You can also download via MT4 to analyse. To set the magic number, add the acct to your myfxbook login id, then under "Settings" and column heading "Magic Numbers" enter those magic numbers you assigned earlier and u can then filter these too in myfxbook.
To do a customized analysis via myfxbook, click on that acct under "Home" tab, then on top RHS, click on "Custom Analysis" then click "Magic" tab, and click on the magic number you wanted to analyse. You can also change the date to analyse per mth, per week etc. Its a drop down calendar selection (on top of the graphics included here)
If u are still somewhat lost, just let me know how I can help
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Magic Number analysis via myfxbook.jpg Size: 30 KB
  • #1,266
  • Jul 17, 2013 9:44am Jul 17, 2013 9:44am
Quoting Tpc23
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
Good afternoon could u please put your settings H4 with entry into M15. How many pips Tp and Sl? Thank you.
  • #1,267
  • Jul 17, 2013 10:13am Jul 17, 2013 10:13am
Quoting TallCoolOne
{quote} That would indicate a strong method for that pair Trend_Method_1 Start 1 Step 1 Stop 4 Trend_Method_2 Start 1 Step 1 Stop 4 and maybe Trend_Method_3 Start 1 Step 1 Stop 4 Lower_TF_Meth Start 1 Step 1 Stop 2 !
Sorry, TCO you have lost me, I can understand trying to maybe stick to one of the most profitable overall trend method and LTF method, then choosing whether WPR, stoch, etc. But what do u mean by start 1 step 1 stop 4?
  • #1,268
  • Jul 17, 2013 10:32am Jul 17, 2013 10:32am
Quoting ymleong
{quote} Sorry, TCO you have lost me, I can understand trying to maybe stick to one of the most profitable overall trend method and LTF method, then choosing whether WPR, stoch, etc. But what do u mean by start 1 step 1 stop 4?

Hi ymleong, when you optimize using the strategy tester in MT4, you can put check marks next the the external parameters you want to optimize. When you do this you can also select start, step and stop values.

For Example, lets say we want to find what trend method(s) works best for a certain pair.

We would select optimization on the main strategy tester screen, then on the properties screen we would put a check mark next to each of these external parameters. We would use a start of 1, at step of 1 and a stop of 4 for each.

Start Step Stop
Trend_Method_1 = 0 1 1 4
Trend_Method_2 = 0 1 1 4
Trend_Method_3 = 0 1 1 4
Trend_Method_4 = 0 1 1 4

When you start the strategy tester, it will test each possible combination. It may determine that the best combination is where all 4 are the same. Let's say that strategy tester shows the most profitable combination to be Trend_Method_1 = 3, Trend_Method_2 = 3, Trend_Method_3 = 3, Trend_Method_4 = 3. Then is pretty safe to say that the MACD trend method is the best for this pair. Let's say on another test for another pair, we get Trend_Method_1 = 2, Trend_Method_2 = 3, Trend_Method_3 = 2, Trend_Method_4 = 3. Then for this pair, it likes MA and MACD for trend methods. So we could use that in our settings file for that pair. So you can do that type of optimization for all the parameters I have listed. You could also optimize the ATR TP and SL multipliers. We just have to be careful not to curve fit.

I hope this helps. Let me know if you have any questions. Thanks!
  • #1,269
  • Jul 17, 2013 10:48am Jul 17, 2013 10:48am
Quoting TallCoolOne
{quote} Hi ymleong, when you optimize using the strategy tester in MT4, you can put check marks next the the external parameters you want to optimize. When you do this you can also select start, step and stop values.
No wonder I was left scratching my head, I had tried to do strategy test once and turns that into tragedy instead!
I will just use one or two demo and each test ONE trend and ONE method that is most profitable, according to the test results u have shared w us, eg, Ichi wpr wo con. Using different accts or even different magic numbers within one acct will be more helpful than placed a mix pot of cur pairs against various trend, ltf methods etc

But u are right, its just gives us a better over view. If according to testing results, we shld see better results for ichi wpr wo con, but no, reality is often cannot be mapped across to the strategy test report. I assume your current uploaded demo trading ichi, is out of box settings, ie, you only select trend=ichi, but the rest is defaulted, which means wpr wo con, and no stoch for demo coz its running the older version

PS: Hope u find the ea analyser useful? (Did u even have a chance to go download it)
  • #1,270
  • Jul 17, 2013 7:31pm Jul 17, 2013 7:31pm
Hi TCO,

Just "discovered" something is maybe buggy. I have placed different magic numbers to different cur pairs, with acct profit% close set to 3%. Despite that, its still closing other cur pairs, with different magic numbers. Afraid cant fathom out MQL language, pleeze some help. I think its not counting accountbalance by magic number, its accumulating by entire acct?

Its not opposite signal, coz when tranx were close out, there were no opp trades created

PS: I really dont know MQL language, but I guess its kinda of SQL like, I was thinking that it shld be something like accountProfit(magicnumber) >= (AccountBalance(MagicNumber)*(profitPct/100)
=============================================================================================================
// Global Profit Close
if((CloseAfterPctProfit==true) && (AccountProfit()>=(AccountBalance()*(ProfitPct/100))))
{
CloseAllTrades(MagicNumber);
if(Show_Alerts == true)
{
Alert("Account Profit Reached. Attempting To Close All Open Orders");
Print("Account Profit Reached. Attempting To Close All Open Orders");
}
=============================================================================================================
  • #1,271
  • Jul 17, 2013 9:56pm Jul 17, 2013 9:56pm
Quoting alpine4133
Does anyone have a indicator / utility program that will show profit for entire account by magic number, or by the pairs?
Hi alpine,

I use Myfxbook (www.myfxbook.com).

When you entry to your account you can analize it by magic number and obtain profit, dd, and all statistics by magic number.

The steps are:

1- Select personalized analysis
2- Select Magic
3- Select Magic number to analize
4- Select Analize
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Step2.JPG Size: 15 KB
Attached Image
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  • #1,272
  • Jul 17, 2013 11:26pm Jul 17, 2013 11:26pm
Calling TCO, regards the testing results, totals down the bottom, did you mean to divide the Profit Factor by the number of pairs?

That's what I did in this screen shot anyway; I have selected 12 pairs combination, screened by what 100_pips uses and the testing results

I will link Trade Explorer to my support thread, going to trade it with original MACD + W%R method

Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 0051.png Size: 37 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,273
  • Jul 18, 2013 1:54am Jul 18, 2013 1:54am
Quoting ymleong
Hi TCO, Just "discovered" something is maybe buggy. I have placed different magic numbers to different cur pairs, with acct profit% close set to 3%. Despite that, its still closing other cur pairs, with different magic numbers. Afraid cant fathom out MQL language, pleeze some help. I think its not counting accountbalance by magic number, its accumulating by entire acct? Its not opposite signal, coz when tranx were close out, there were no opp trades created PS: I really dont know MQL language, but I guess its kinda of SQL like, I was thinking...
hi ymleong,
The EA is doing its job right from what i see in the code. Although u want the EA to close only your pre-assigned "MagicNumbers" trades, the EA actually closes all your open trades when the account profit is reached.
Why does it do that? It's because all the EA running in the single MT4 terminal, altough on different charts/different magic numbers, sees the entire Account Balance is in profit and thus will attempt to close its own "Magic Numbers" trade.
Hope i make some sense there.

cheers,
ck
  • #1,274
  • Jul 18, 2013 3:52am Jul 18, 2013 3:52am
TCO, as previous post, I have set up EA to trade the MACD Traditional as per original rules

I am using the MACD included in Post #1 since the last update

It shows Green on the Daily so I was watching for a trade entry as W%R dipped on the 1 Hour chart - didn't trigger

So I looked to the EA ans see that is says DownTrend

Any idea why? Does it take reading from that indicator or is it internal of the EA?

Any chance it might be wrong?

Thanks, E.

PS: It did take a trade when I first activated GBP-NZD short, MACD is red and W%R was above -20 so all correct there when triggered
Attached Image (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #1,275
  • Edited 5:03am Jul 18, 2013 4:35am | Edited 5:03am
Quoting Erebus
TCO, as previous post, I have set up EA to trade the MACD Traditional as per original rules I am using the MACD included in Post #1 since the last update It shows Green on the Daily so I was watching for a trade entry as W%R dipped on the 1 Hour chart - didn't trigger So I looked to the EA ans see that is says DownTrend Any idea why? Does it take reading from that indicator or is it internal of the EA? Any chance it might be wrong? Thanks, E. PS: It did take a trade when I first activated GBP-NZD short, MACD is red and W%R was above -20 so all correct...
Erebus,
Traditional MACD is not the MACD that is posted on the first page. That is Hanover MACD written per the original formula given by the creator of the indie. That indie is showing uptrend on G/U. the traditional MACD is just your basic mt4 MACD histogram with signal line. Depending how it's written inside the EA if it goes strictly by histogram below/above zero, I'm not sure. MACD traditional is currently showing downtrend. You have the EA selected to show traditional MACD but you have a different MACD on your chart thus showing you conflicting results. Hope that helps. Switch MACD's within the EA and put correct MACD on your chart, and you'll see what I mean.
  • #1,276
  • Jul 18, 2013 4:51am Jul 18, 2013 4:51am
Quoting Erebus
TCO, as previous post, I have set up EA to trade the MACD Traditional as per original rules I am using the MACD included in Post #1 since the last update It shows Green on the Daily so I was watching for a trade entry as W%R dipped on the 1 Hour chart - didn't trigger So I looked to the EA ans see that is says DownTrend Any idea why? Does it take reading from that indicator or is it internal of the EA? Any chance it might be wrong? Thanks, E. PS: It did take a trade when I first activated GBP-NZD short, MACD is red and W%R was above -20 so all correct...
Hi Erebus,
I peeked inside TCO's code and saw this code on MACD Traditional :
Inserted Code
 if(MACD_Method == 3) // Traditional
                     {  
                      Trend_Method_Comment = Trend_Method_Comment+"MACD TRADITIONAL";
                      double MACD7 = iCustom(NULL, Trend_TF , "macd_adjustable", MACD_Fast , MACD_Slow , MACD_Signal , 3 , True , True , 2, shift);
                      double MACD_W7 = iCustom(NULL, PERIOD_W1 , "macd_adjustable", MACD_Fast , MACD_Slow , MACD_Signal , 3 , True , True , 2, shift);
you'll see that the EA calls the custom indicator "macd_adjustable" to decide whether its uptrend or downtrend. In this case, its looking at the macd line to be > 0 for uptrend and <0 for downtrend.
Not sure if TCO intended this or it was a bug? Need to wait for TCO's to come online

cheers,
ck
  • #1,277
  • Jul 18, 2013 5:11am Jul 18, 2013 5:11am
Quoting darkgsg
{quote} Hi Erebus, I peeked inside TCO's code and saw this code on MACD Traditional : if(MACD_Method == 3) // Traditional { Trend_Method_Comment = Trend_Method_Comment+"MACD TRADITIONAL"; double MACD7 = iCustom(NULL, Trend_TF , "macd_adjustable", MACD_Fast , MACD_Slow , MACD_Signal , 3 , True , True , 2, shift); double MACD_W7 = iCustom(NULL, PERIOD_W1 , "macd_adjustable", MACD_Fast , MACD_Slow , MACD_Signal , 3 , True , True , 2, shift); you'll see that the EA calls the custom indicator "macd_adjustable" to decide whether its uptrend or...
Dr. Elder's strategy from his book states the use of the slope of the MACD, not the zero cross. That would be true when using the traditional MT4 MACD. Slope of histogram, not zero cross. When I have time today, I'll post where he discusses the proper MACD use.
  • #1,278
  • Jul 18, 2013 5:31am Jul 18, 2013 5:31am
Quoting MKFXTrader
{quote} Erebus, Traditional MACD is not the MACD that is posted on the first page. That is Hanover MACD written per the original formula given by the creator of the indie. That indie is showing uptrend on G/U. the traditional MACD is just your basic mt4 MACD histogram with signal line. Depending how it's written inside the EA if it goes strictly by histogram below/above zero, I'm not sure. MACD traditional is currently showing downtrend. You have the EA selected to show traditional MACD but you have a different MACD on your chart thus showing you...
Thanks for the answers guys; I was confused because the name of the MACD in Post 1 is "trad" so I assumed that was for Traditional settings

So, looks like according to the code, it used the khaled macd_adjustable for back testing, so I guess I need to put that on the chart for visual confirmations

MKFX, I know what you mean about the slope of MACD, Elder describes it very well in his mini book "Two Roads Diverged"

Also, I followed Philipp Nels 4 Hour MACD thread for a long time, now in Commercial section

OK, off to change my charts!
It takes a lot for me to IGNORE you, but you can try.
  • #1,279
  • Jul 18, 2013 5:43am Jul 18, 2013 5:43am
Now it has taken trade on GBP-USD ?

EA says Down Trend but both MACD are green ?

Actually same for EUR-USD, green MACD but taken a sell trade ?

Need TCO more than ever now to explain this
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  • #1,280
  • Jul 18, 2013 6:25am Jul 18, 2013 6:25am
Quoting darkgsg
{quote} Hi Erebus, I peeked inside TCO's code and saw this code on MACD Traditional : if(MACD_Method == 3) // Traditional { Trend_Method_Comment = Trend_Method_Comment+"MACD TRADITIONAL"; double MACD7 = iCustom(NULL, Trend_TF , "macd_adjustable", MACD_Fast , MACD_Slow , MACD_Signal , 3 , True , True , 2, shift); double MACD_W7 = iCustom(NULL, PERIOD_W1 , "macd_adjustable", MACD_Fast , MACD_Slow , MACD_Signal , 3 , True , True , 2, shift); you'll see that the EA calls the custom indicator "macd_adjustable" to decide whether its uptrend or...
See how confusing this is? The headings for the back testing are :

MACD - adjustable and MACD Traditional

Now you tell me that if I select Traditional in the EA settings, it calls on the adjustable MACD ?

Can you please check the code to see what the"adjustable" setting looks to for trading?

Something wrong there, I just want the settings used to obtain the MACD - Traditional back testing results

And to know which MACD I should display on the chart for confirmation?
It takes a lot for me to IGNORE you, but you can try.
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