• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 2:57am
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 2:57am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Looking for the slope of a slope histogram? 0 replies

Slope Direction Line 8 replies

Regression Slope modification? 0 replies

Ema slope direction line 3 replies

Can someone explain FXIGOR's slope direction line indicator? 1 reply

  • Platform Tech
  • /
  • Reply to Thread
  • Subscribe
  • 5
Attachments: Slope direction line ea needs modification
Exit Attachments
Tags: Slope direction line ea needs modification
Cancel

Slope direction line ea needs modification

  • Post #1
  • Quote
  • First Post: Edited 4:47am Feb 8, 2011 2:27am | Edited 4:47am
  •  dazers
  • | Joined Jun 2009 | Status: Member | 66 Posts
Would anyone be able to modify this ea so that once tp, sl, or breakeven are hit, it doesn't open another order straight away in the following bar in the same direction, but rather waits for the next signal in the form of a slope direction change to enter?

I'm fairly certain it will be easy to find profitable settings from it then.
Attached File(s)
File Type: mq4 slope direction line ea.mq4   15 KB | 1,442 downloads
File Type: mq4 Slope Direction Line.mq4   4 KB | 1,244 downloads
  • Post #2
  • Quote
  • Feb 9, 2011 12:23am Feb 9, 2011 12:23am
  •  dazers
  • | Joined Jun 2009 | Status: Member | 66 Posts
This ea has many options including martingale, time filter, moving average filter, basket profit/loss option, money management, hidden tp/sl, reverse system and hedge if anyone's interested. Some of the features just need to be unlocked in the code.
 
 
  • Post #3
  • Quote
  • Feb 14, 2011 6:26am Feb 14, 2011 6:26am
  •  dazers
  • | Joined Jun 2009 | Status: Member | 66 Posts
These results for year 2010 look pretty. They don't hold up over a 10 year backtest but that doesn't matter really does it?

It would still be nice if someone could make the small modification in the code? It wouldn't take too much time I'd imagine.

The settings for this result were what I just chucked in there mucking around. As it is, is pretty much an always in EA.
Attached Image (click to enlarge)
Click to Enlarge

Name: 1.gif
Size: 7 KB
 
 
  • Post #4
  • Quote
  • Feb 20, 2011 8:35pm Feb 20, 2011 8:35pm
  •  dazers
  • | Joined Jun 2009 | Status: Member | 66 Posts
Strategy Tester Report
slope direction line ea full
(Build 229)

SymbolEURUSD (Euro vs US Dollar) Period1 Hour (H1) 2010.01.04 00:00 - 2010.10.29 20:00 (2010.01.04 - 2010.10.30) ModelEvery tick (the most precise method based on all available least timeframes) ParametersS1="---------------- Entry Settings"; period=90; method=3; price=0; S2="---------------- Money Management"; Lots=0.01; RiskMM=true; RiskPercent=10; Martingale=false; Multiplier=2; MinProfit=100; BasketProfitLoss=false; BasketProfit=100; BasketLoss=9999; S3="---------------- Order Management"; StopLoss=200; TakeProfit=0; HideSL=false; HideTP=false; TrailingStop=0; TrailingStep=0; BreakEven=0; MaxOrders=1; Slippage=1; Magic=2009; S4="---------------- MA Filter"; MAFilter=false; MAPeriod=20; MAMethod=0; MAPrice=0; S5="---------------- Time Filter"; TradeOnSunday=true; MondayToThursdayTimeFilter=false; MondayToThursdayStartHour=0; MondayToThursdayEndHour=24; FridayTimeFilter=false; FridayStartHour=0; FridayEndHour=21; S6="---------------- Extras"; Hedge=false; HedgeSL=0; HedgeTP=100; ReverseSystem=false; ReverseAtStop=true; Expiration=240; Comments=true;
Bars in test6113Ticks modelled887685Modelling quality90.00% Mismatched charts errors0




Initial deposit1000.00



Total net profit2797.23Gross profit16465.34Gross loss-13668.11 Profit factor1.20Expected payoff3.31

Absolute drawdown277.12Maximal drawdown1877.66 (38.03%)Relative drawdown38.03% (1877.66)
Total trades845Short positions (won %)411 (21.65%)Long positions (won %)434 (22.35%)
Profit trades (% of total)186 (22.01%)Loss trades (% of total)659 (77.99%) Largestprofit trade1095.06loss trade-100.00 Averageprofit trade88.52loss trade-20.74 Maximumconsecutive wins (profit in money)3 (210.25)consecutive losses (loss in money)19 (-496.91) Maximalconsecutive profit (count of wins)1095.06 (1)consecutive loss (count of losses)-566.05 (13) Averageconsecutive wins1consecutive losses4

Has any good-souled talented programmer had a chance to take a look at the requested modification to this EA yet or there no interest whatsoever?

As you can see from the above low win% it is very much a simple trend finding EA. What I would like to is look at playing with it as a trend scalper, chuck in a bit of martinglale and who knows what else. Make some long term back tests see if decent continuous profit can be made.

Don't forget, the requested modification is simply said as "After stop-loss, break-even or take-profit are hit, the EA DOES NOT enter on the opening of the following bar (assuming the slope hasn' changed) but rather WAITS until the next signal in the form of a slope direction change.

Or look hey, if someone knows a similiar EA to this that works similiarly, point me in that direction, but I haven't seen one yet.
 
 
  • Post #5
  • Quote
  • Mar 1, 2011 1:48am Mar 1, 2011 1:48am
  •  mtuppers
  • | Joined Mar 2007 | Status: Member | 397 Posts
Quoting dazers
Disliked
Strategy Tester Report
slope direction line ea full
(Build 229)...
Ignored
maybe there is but not free is at forex-tsd.com in elite section

mod I am not promote forex-tsd site
 
 
  • Post #6
  • Quote
  • Mar 1, 2011 5:26am Mar 1, 2011 5:26am
  •  dazers
  • | Joined Jun 2009 | Status: Member | 66 Posts
here it is free from another forum
Attached File(s)
File Type: ex4 Slope%20Direction%20Line%20EA%20v102.ex4   17 KB | 1,389 downloads
 
 
  • Post #7
  • Quote
  • Last Post: Sep 21, 2013 6:40pm Sep 21, 2013 6:40pm
  •  sasha100
  • | Joined Aug 2009 | Status: Member | 21 Posts
Hello,

Is it possible in Slope Direction Line EA v1.1.mq4‎ to add start/stop hours to allow EA to open new trades during European session only?
Appreciate.
thanks!
Attached File(s)
File Type: mq4 Slope Direction Line EA v1.1.mq4   15 KB | 971 downloads
 
 
  • Platform Tech
  • /
  • Slope direction line ea needs modification
  • Reply to Thread
0 traders viewing now
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023