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Simple EMA mechanical system!

  • #41
  • Sep 5, 2013 7:03am Sep 5, 2013 7:03am
You will need:

iMA() http://docs.mql4.com/indicators/iMA
OrderSend() http://docs.mql4.com/trading/OrderSend

And check sample EAs that comes together with metatrader. Now go and write your EA.
  • #42
  • Sep 5, 2013 7:20am Sep 5, 2013 7:20am
Quoting FerruFx
{quote} Manque de concentration
Ca doit être ça.
Two half a lot with 22.9 pips SL and 45.8 pips TP.... I got lost!
No greed. No fear. Just maths.
  • #43
  • Sep 5, 2013 8:12am Sep 5, 2013 8:12am
Quoting ARTjoMS
You will need: iMA() http://docs.mql4.com/indicators/iMA OrderSend() http://docs.mql4.com/trading/OrderSend And check sample EAs that comes together with metatrader. Now go and write your EA.
Thank you so much!
  • #44
  • Sep 5, 2013 8:14am Sep 5, 2013 8:14am
Quoting PipMeUp
{quote} Ca doit être ça. Two half a lot with 22.9 pips SL and 45.8 pips TP.... I got lost!
Je peux parler le francais, messieurs. Parce que j'aime la France beaucoup.

I'm backtesting this strategy with the new way of money management. I will post it as soon as possible
  • #45
  • Sep 5, 2013 9:06am Sep 5, 2013 9:06am
Don't bother for now with the MM. That's the icing on the cake. You have no cake yet.
Of course a stupid MM will burn your account in no time, but for now use fixed lot size. 1 micro lot. You don't care making money for now. What you need is finding a working system. It's easier to see if the system is profitable with fixed sizing. Pips made for pips lost.
No greed. No fear. Just maths.
  • #46
  • Sep 5, 2013 9:13am Sep 5, 2013 9:13am
Quoting PipMeUp
Don't bother for now with the MM. That's the icing on the cake. You have no cake yet. Of course a stupid MM will burn your account in no time, but for now use fixed lot size. 1 micro lot. You don't care making money for now. What you need is finding a working system. It's easier to see if the system is profitable with fixed sizing. Pips made for pips lost.
Merci beaucoup, monsieur. Il semble que ce nouveal method ne peut pas être successif. Je ferai tous mes effort pour réaliser mon rêve !
  • #47
  • Sep 5, 2013 9:27am Sep 5, 2013 9:27am
Better in English for everybody to understand.

Something very interresting you can do is the following:
Open your G/U M15 chart and draw a big circle around the entries you find. Use a color code. 4 colors: winning short, winning long, losing short, losing long.
It can take you a full day. Take the time. When you're done for a couple months worth of data, switch to daily.
Now look where the entries were. Which were losers and how many of them could have ran for days (and hundreds of pips!)

Once I printed 1 month of A/U hourly data. 3 meter long of paper... I learnt that WHERE the signal is taken is more important than the signal itself.
No greed. No fear. Just maths.
  • #48
  • Sep 5, 2013 9:32am Sep 5, 2013 9:32am
Quoting PipMeUp
Better in English for everybody to understand. Something very interresting you can do is the following: Open your G/U M15 chart and draw a big circle around the entries you find. Use a color code. 4 colors: winning short, winning long, losing short, losing long. It can take you a full day. Take the time. When you're done for a couple months worth of data, switch to daily. Now look where the entries were. Which were losers and how many of them could have ran for days (and hundreds of pips!) Once I printed 1 month of A/U hourly data. 3 meter long...
It's an interesting idea. I will try it
  • #49
  • Sep 5, 2013 10:48am Sep 5, 2013 10:48am
Quoting Davit
{quote} EA trading is BS. Trading is all about discretion.Its an ART form. Think why Banks pay millions to top managers to manage their funds.If EA was profitable they would of saved millions of overhead and let the EA do the work. Good luck anyway.
Ah, a potential convert.
Open to new approaches.
  • #50
  • Sep 5, 2013 12:13pm Sep 5, 2013 12:13pm
Another fantasy thread, how do these threads get any replies apart from deserved mockery?
  • #51
  • Sep 5, 2013 2:41pm Sep 5, 2013 2:41pm
Quoting zortan
Another fantasy thread, how do these threads get any replies apart from deserved mockery?
A desire to help educate . . . even if the case is hopeless.
20 pips a day isn't too much to ask . . .
  • #52
  • Sep 5, 2013 11:16pm Sep 5, 2013 11:16pm
Quoting Davit
{quote} EA trading is BS. Trading is all about discretion.Its an ART form. Think why Banks pay millions to top managers to manage their funds.If EA was profitable they would of saved millions of overhead and let the EA do the work. Good luck anyway.
Well, you are absolutely right about one thing. The system the OP presented might not be profitable. Now saying EA trading is BS, completely disagree. With just a little research you'll find there are a few profitable EAs. The same way there are only a few top managers worth those millions the banks are paying them.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #53
  • Sep 6, 2013 12:41am Sep 6, 2013 12:41am
Well, it's not so difficult to increase the win rate over 50%, but because my thread title has involved the word " SIMPLE " in it. So I'm looking for a simple filter right now to satisfy some super-trader who loves maths around here.( Almost done ) Most of profitable systems are discretional. I know a lot of them here. I have one too. I'm making good profit with it. But I want to create a profitable pure mechanical strategy in this forex forum, in which I haven't found yet.

If you desire a simple pure mechanical system, so please come here, help me increase this strategy. I need a real constructional comment such as:

Why don't you add RSI to filter the trades ?
Why don't you use the Parabolic Sar to place your initial SL to improve the winning rate?
...

I don't need: " hey, guys ! This strategy is hopeless because the winrate is 51% and R:R=1:1, so give up "

Well, thank you.

No matter what people says: " I will prove the potential of this strategy via manual track record " until I can create a robot
  • #54
  • Sep 6, 2013 12:50am Sep 6, 2013 12:50am
Hello,
Do you know how to make the M15 data on GBPUSD longer? I can only test from 14/6/2013 until now. I need more datas to have a reliable track record. Over 2 years is PERFECT !
  • #55
  • Sep 6, 2013 12:54am Sep 6, 2013 12:54am
Quoting vothienphu93
Hello, Do you know how to make the M15 data on GBPUSD longer? I can only test from 14/6/2013 until now. I need more datas to have a reliable track record. Over 2 years is PERFECT !
Tools > Options > Charts ... then set a higher number of candles in the bars field. Then restart the platform ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #56
  • Sep 6, 2013 12:58am Sep 6, 2013 12:58am
Quoting FerruFx
{quote} Tools > Options > Charts ... then set a higher number of candles in the bars field. Then restart the platform ...
Thank you FerruFx,

I have just tried it. I used 250000 bars. I restarted the chart. But still from 14/6. Is there another solution ? Thank you !
  • #57
  • Sep 6, 2013 1:01am Sep 6, 2013 1:01am
Quoting vothienphu93
{quote} Thank you FerruFx, I have just tried it. I used 250000 bars. I restarted the chart. But still from 14/6. Is there another solution ? Thank you !
Try to scroll back the charts ... new candles should load ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #58
  • Sep 6, 2013 1:06am Sep 6, 2013 1:06am
Quoting FerruFx
{quote} Try to scroll back the charts ... new candles should load ...
Could you try it on your mt4 platform? I tried 5 times but still nothing. I have to go to Mr Google to ask for his advice
  • #59
  • Sep 6, 2013 1:12am Sep 6, 2013 1:12am
Quoting vothienphu93
{quote} Could you try it on your mt4 platform? I tried 5 times but still nothing. I have to go to Mr Google to ask for his advice
I do like this when I need to ... so yes it works on my platform.
MT4/MT5 EAs/Indicators/Alerts coder
  • #60
  • Sep 6, 2013 4:41am Sep 6, 2013 4:41am
Quoting RaptorUK
{quote} I guess you don't understand the chart and table I posted. Any Strategy with a R:R of 1:1 and a Win Rate of 50% will break even at best, if you haven't accounted for the spread then it will lose money . . . there is no debate or argument about this, it is simple mathematics. Of course anything can make a few winning trades over a short period of time . . . but the aim is to be consistently profitable, isn't it ?

How could you say Like that....50% win does it make any sense??
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