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Attachments: Advanced engulfing bar system
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Advanced engulfing bar system

  • #261
  • Apr 11, 2014 12:47pm Apr 11, 2014 12:47pm
Quoting kinsale
Here is my EA based on smilee89. Please read instructions carefully! I have added a couple of configurable mods 1. TrailingStops 2. Range Filter INSTALL =========================== 1. Add Synergy_APB to your Indicator Directory. - http://www.forexfactory.com/attachment.php?attachmentid=1391980&d=1395642907 2. Place Engulfer4APB.mp4 in your Expert Advisor Directory. SETUP - in this order =========================== 1. Select Chart 2. Select TF - Suggest h4 3. Change Chart to Line - better visualization. 5. Add Synergy_APB to chart 6. Add...
kinsale , it looks like your ea is doing profit/stop loss RR 1:1 and not per this strategy....TP 20
  • #262
  • Apr 11, 2014 1:15pm Apr 11, 2014 1:15pm
Quoting driven18
{quote} kinsale , it looks like your ea is doing profit/stop loss RR 1:1 and not per this strategy....TP 20
=========================================================
SL – at the opposite side of the engulfing bar.
TP = SL
Trade management:
Close 0.5 of the lot size at 20-50 pips (depends on the TF) and let other part of trade to run while SL moves to Breakeven.
=========================================================

when TrailStops disabled should operate as per strategy. I will run a full suite of tests next week with TrailingStops disabled and post results here.


Cheers
  • #263
  • Apr 11, 2014 1:23pm Apr 11, 2014 1:23pm
Quoting kinsale
{quote} ========================================================= SL – at the opposite side of the engulfing bar. TP = SL Trade management: Close 0.5 of the lot size at 20-50 pips (depends on the TF) and let other part of trade to run while SL moves to Breakeven. ========================================================= when TrailStops disabled should operate as per strategy. I will run a full suite of tests next week with TrailingStops disabled and post results here. Cheers
O I see..so max TP would be TP = SL...thanks...
  • #264
  • Apr 11, 2014 2:12pm Apr 11, 2014 2:12pm
Here is the 4 years worth of test with 100K account USDJPY 4H and EA set up:

LOTS= 2; // Must be at least 0.2
COMENT="Up Cork!"; // Whatever!
TP1 = 25; // Take profit level - divide LOTS and move SL to BE if Trailing=FALSE
TP2 = 25; // Trailing SL
BarsToExpire = 5; // Number of candles after engulf that pending orders will expire
MaxBarsToCheck = 5; // Max number of candles to look back for engulfing candle
GMT_OFFSET=0; // GMT Adjust important for End of Week + plus start of week
TrailingStops=False; // Trailing Stop or classic move stop to BE
MaxRange=0; // Filter out large candles - default 0 pips = off
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph1.gif Size: 46 KB
  • #265
  • Apr 11, 2014 2:21pm Apr 11, 2014 2:21pm
Quoting driven18
Here is the 4 years worth of test with 100K account USDJPY 4H and EA set up: LOTS= 2; // Must be at least 0.2 COMENT="Up Cork!"; // Whatever! TP1 = 25; // Take profit level - divide LOTS and move SL to BE if Trailing=FALSE TP2 = 25; // Trailing SL BarsToExpire = 5; // Number of candles after engulf that pending orders will expire MaxBarsToCheck = 5; // Max number of candles to look back for engulfing candle GMT_OFFSET=0; // GMT Adjust important for End of Week + plus start of week TrailingStops=False; // Trailing Stop or classic move stop to BE...

2% over 4yrs. Nearly as good as a bank deposit account ;-)
  • #266
  • Apr 11, 2014 2:47pm Apr 11, 2014 2:47pm
Get rady for breakuot channel ;-)

Have a nice weekend

Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph1.gif Size: 51 KB
  • #267
  • Apr 11, 2014 2:51pm Apr 11, 2014 2:51pm
Quoting jedrula
Get rady for breakuot channel ;-) Have a nice weekend {image}

jedrula..you funny
  • #268
  • Apr 11, 2014 3:28pm Apr 11, 2014 3:28pm
Quoting kinsale
{quote} 2% over 4yrs. Nearly as good as a bank deposit account ;-)
Kinsale, you have a pm
  • #269
  • Apr 12, 2014 9:43am Apr 12, 2014 9:43am
Thanks Kinsale for the EA, trying it i´ve seen that the EA open buy orders at candle close, the sell is good.
http://i62.tinypic.com/2q0oh2x.png
  • #270
  • Apr 12, 2014 12:02pm Apr 12, 2014 12:02pm
Yes, I just rerun it and it does open buy orders at the close...In all fairness to Smilee, I would like to rerun it with Smilee rules.. ...Kinsale, can you please correct that?
  • #271
  • Apr 12, 2014 12:54pm Apr 12, 2014 12:54pm
please can any one help me.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-i-h4-fibo-group-ltd.png Size: 27 KB
  • #272
  • Apr 12, 2014 8:04pm Apr 12, 2014 8:04pm
Quoting arkan1976
Thanks Kinsale for the EA, trying it i´ve seen that the EA open buy orders at candle close, the sell is good. {image}
You are right.
And I think in the picture you have posted,the EA should take 5 trades according to Smilee's method.
There are 2 missing.
Perhaps we can add a rule:
When the breakout bar's shadow exceed the high/low of the engulfing bar,we should not trade.
This may filter out the lose trade in the middle of the picture.
Sorry for bad English...
  • #273
  • Apr 13, 2014 3:43am Apr 13, 2014 3:43am
Quoting driven18
Yes, I just rerun it and it does open buy orders at the close...In all fairness to Smilee, I would like to rerun it with Smilee rules.. ...Kinsale, can you please correct that?
Well spotted Driven18 - indeed a bug. I have fixed now an attached fixed EA
Attached File(s)
File Type: mq4 Engulfer4APB.mq4   26 KB | 1,007 downloads
  • #274
  • Apr 13, 2014 5:21am Apr 13, 2014 5:21am
Thankyou very much Kinsale for your effort , please, Do you think it would be possible to make the ea close the two positions in 20 pips?
Thanks Again.
  • #275
  • Apr 13, 2014 7:14am Apr 13, 2014 7:14am
Quoting arkan1976
Thankyou very much Kinsale for your effort , please, Do you think it would be possible to make the ea close the two positions in 20 pips? Thanks Again.
check out the TrailingStop option
  • #276
  • Apr 13, 2014 7:16am Apr 13, 2014 7:16am
Thanks.
  • #277
  • Apr 13, 2014 7:16am Apr 13, 2014 7:16am
Quoting arkan1976
Thanks Kinsale for the EA, trying it i´ve seen that the EA open buy orders at candle close, the sell is good. {image}
see new version with fix. thx for report
  • #278
  • Apr 13, 2014 10:42am Apr 13, 2014 10:42am
Quoting kinsale
{quote} Well spotted Driven18 - indeed a bug. I have fixed now an attached fixed EA {file}

Here is with the new version, same testing parameters as above
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph1.gif Size: 29 KB
  • #279
  • Apr 13, 2014 3:57pm Apr 13, 2014 3:57pm
Hi Kinsale, thanks a lot for sharing your EA. Just a question about Magic Number, where it is in the parameters of the EA? I can't see it and I supose that it will be a problem to manage several pairs...

Cheers!!
  • #280
  • Apr 13, 2014 10:28pm Apr 13, 2014 10:28pm
Quoting kinsale
{quote} Well spotted Driven18 - indeed a bug. I have fixed now an attached fixed EA {file}
Hi Kinsale thnx for sharing the EA is possible to add this money mangement i think this will help the EA to boost its TP
heres the link of the thread about the money management im talking about:

http://www.forexfactory.com/showthread.php?t=414744&page=8
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