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Mithen expert advisor

  • #41
  • Jul 17, 2014 9:00am Jul 17, 2014 9:00am
Great,thank you...
  • #42
  • Jul 17, 2014 9:08am Jul 17, 2014 9:08am
Quoting Bomi
Hi XUX99, I have loaded EA since two days but till date no trade has been done. I have loaded on EJ & GJ - setting done as per post 18. can you please help me out. It is on demo account with XM. Thanks for your help... Bomi {image} {image}
There seems to be a problem with news filter. Download the latest beta version, set NewsFilter to false and check if trades are opened. Then try with NewsFilter set to true.
  • #43
  • Jul 17, 2014 9:24am Jul 17, 2014 9:24am
Attached Image (click to enlarge)
Click to Enlarge Name: Global Prime - MetaTrader 4.png Size: 112 KB
  • #44
  • Jul 17, 2014 9:40am Jul 17, 2014 9:40am
Quoting bazze
{image}
Hi Bazze,

It means that the EA prefers to trade EJ over GJ. Udine's rules are; trade EJ and GJ. If these pairs do not offer tradings opportunities, then look at GU and EU.

So on both EJ and GJ you have to keep prioritypairs open ( blank) and on GU and EU you put EURJPY, GBPJPY at the function prioritypairs.

Best regards,

Frietzak
  • #45
  • Jul 17, 2014 9:41am Jul 17, 2014 9:41am
Quoting bazze
{image}
There is a trading opportunity for priority pair EURJPY therefore no trades can be opened for GBPJPY. EURJPY trades have priority over GBPJPY trades.
  • #46
  • Jul 17, 2014 9:56am Jul 17, 2014 9:56am
Quoting xux99
{quote} There seems to be a problem with news filter. Download the latest beta version, set NewsFilter to false and check if trades are opened. Then try with NewsFilter set to true.
Hi xux99,

Thank you for prompt reply. I reloaded as per your instructions. News filter to false. One more thing magic # should be different for both EJ & GJ right? 801070 & 71. appreciated.

Bomi
  • #47
  • Jul 17, 2014 10:25am Jul 17, 2014 10:25am
Quoting frietzak
{quote} Hi Bazze, It means that the EA prefers to trade EJ over GJ. Udine's rules are; trade EJ and GJ. If these pairs do not offer tradings opportunities, then look at GU and EU. So on both EJ and GJ you have to keep prioritypairs open ( blank) and on GU and EU you put EURJPY, GBPJPY at the function prioritypairs. Best regards, Frietzak
A GREAT THANK YOU...
  • #48
  • Jul 17, 2014 10:26am Jul 17, 2014 10:26am
Quoting Bomi
{quote} Hi xux99, Thank you for prompt reply. I reloaded as per your instructions. News filter to false. One more thing magic # should be different for both EJ & GJ right? 801070 & 71. appreciated. Bomi
No, they can have the same magic number.
  • #49
  • Jul 17, 2014 10:45am Jul 17, 2014 10:45am
Quoting xux99
{quote} There is a trading opportunity for priority pair EURJPY therefore no trades can be opened for GBPJPY. EURJPY trades have priority over GBPJPY trades.
A BIG THANK YOU 2 U 2...
  • #50
  • Jul 17, 2014 5:15pm Jul 17, 2014 5:15pm
Hi xux99.
Is this EA not backtestable?

I have spent some hours now, but I cant get it to show a single trade.

I cant see any errors in the Journal:
2014.07.17 23:59:14.391 EURJPY,M15: 536399 tick events (88319 bars, 71113337 bar states) processed within 206109 ms (total time 226937 ms)
2014.07.17 23:55:48.275 Mithen inputs: MinDailyOpenDistance=0; MinZeroLevelDistance=0; Frankfurt405060Only=1; CheckADR=1; TradingFirstLevelAfterDO=1; DailyTargetPips=0; MaxDailyLosses=0; UsePendingOrders=1; MaxOpenTradesAllPairs=0; NoTradeAfterSL=1; MagicNumber=801070; StopLoss=10; VisibleSL=1; TakeProfit=5; VisibleTP=0; BreakEvenTrigger=0; LockProfit=0; TrailingStop=3.5; TrailingStep=0; Slippage=1; MaxSpread=0; SendEmail=0; SendNotifications=0; Alerts=0; ScreenShots=0; AutoGMTOffset=0; ManualGMTOffset=0; DSTOffset=0; FridayClose
2014.07.17 23:55:27.472 TestGenerator: symbol EURJPY period 15 model 0 from 2011.01.02 to 2014.07.17
2014.07.17 23:55:27.453 TestGenerator: file "C:\Users\AppData\Roaming\MetaQuotes\Terminal\15B58AB13B4C58CA2A5F7D7624552240\tester\history\EURJPY15_0.fxt" is read-only
2014.07.17 23:55:27.453 TestGenerator: current spread 12 used
2014.07.17 23:54:52.568 EURJPY,M15: 20930927 tick events (88319 bars, 71113337 bar states) processed within 1696172 ms (total time 1707656 ms)


I am pretty experienced with backtesting (made tons of them) and is using TickDataSuite with 99% Dukascopy tickdata.

Any setting in the EA that must be activated or deactivated to be able to backtest? It would be great if I could present some results here in this thread.

My first pair is EURJPY on M15 TF.
  • #51
  • Jul 17, 2014 5:55pm Jul 17, 2014 5:55pm
Quoting LFN
Hi xux99. Is this EA not backtestable? I have spent some hours now, but I cant get it to show a single trade. I cant see any errors in the Journal: 2014.07.17 23:59:14.391 EURJPY,M15: 536399 tick events (88319 bars, 71113337 bar states) processed within 206109 ms (total time 226937 ms) 2014.07.17 23:55:48.275 Mithen inputs: MinDailyOpenDistance=0; MinZeroLevelDistance=0; Frankfurt405060Only=1; CheckADR=1; TradingFirstLevelAfterDO=1; DailyTargetPips=0; MaxDailyLosses=0; UsePendingOrders=1; MaxOpenTradesAllPairs=0; NoTradeAfterSL=1; MagicNumber=801070;...
Hi LFN,

From what I've heard you should test the EA on a one minute time frame. Keep us informed of your progress.

Best regards,

Frietzak
  • #52
  • Jul 17, 2014 5:58pm Jul 17, 2014 5:58pm
Quoting LFN
Hi xux99. Is this EA not backtestable? I have spent some hours now, but I cant get it to show a single trade. I cant see any errors in the Journal: 2014.07.17 23:59:14.391 EURJPY,M15: 536399 tick events (88319 bars, 71113337 bar states) processed within 206109 ms (total time 226937 ms) 2014.07.17 23:55:48.275 Mithen inputs: MinDailyOpenDistance=0; MinZeroLevelDistance=0; Frankfurt405060Only=1; CheckADR=1; TradingFirstLevelAfterDO=1; DailyTargetPips=0; MaxDailyLosses=0; UsePendingOrders=1; MaxOpenTradesAllPairs=0; NoTradeAfterSL=1; MagicNumber=801070;...

Would be great with some backtesting
  • #53
  • Jul 17, 2014 5:58pm Jul 17, 2014 5:58pm
Quoting LFN
Hi xux99. Is this EA not backtestable? I have spent some hours now, but I cant get it to show a single trade. I cant see any errors in the Journal: 2014.07.17 23:59:14.391 EURJPY,M15: 536399 tick events (88319 bars, 71113337 bar states) processed within 206109 ms (total time 226937 ms) 2014.07.17 23:55:48.275 Mithen inputs: MinDailyOpenDistance=0; MinZeroLevelDistance=0; Frankfurt405060Only=1; CheckADR=1; TradingFirstLevelAfterDO=1; DailyTargetPips=0; MaxDailyLosses=0; UsePendingOrders=1; MaxOpenTradesAllPairs=0; NoTradeAfterSL=1; MagicNumber=801070;...
I can backtest it. Make sure you have complete M1 data and set PriorityPairs option to blank or else it searches for priority pairs charts, can't find them and so no trades are opened.
  • #54
  • Jul 17, 2014 6:03pm Jul 17, 2014 6:03pm
Quoting xux99
{quote} I can backtest it. Make sure you have complete M1 data and set PriorityPairs option to blank or else it searches for priority pairs charts, can't find them and so no trades are opened.
Thx. I will try on M1 tomorrow. I must first generate the fxt and hst files for M1.How come the backtests must be done on a different tf than when trading live?
  • #55
  • Jul 17, 2014 6:06pm Jul 17, 2014 6:06pm
Hi Xux99,

I would like to suggest an add-on to the already existing priority function.

Currently, the system operates as follows; if only one of the prioritized pairs is tradable it won't open another trade on the not prioritized pairs while it's possible that atleast one of these '' not prioritized '' pairs offers a trade opportunity. Is is possible to implement some code whereby the EA looks beyond only trading the prioritized pairs.

I hope it is clear, as I struggled to explain it properly.

Best regards,

Frietzak
  • #56
  • Jul 18, 2014 6:57am Jul 18, 2014 6:57am
Hi Panagiotis;

I need some help to modify your code a bit.

I'm doing several tests with this strategy and your expert. One of them is to not use stop loss (via hedging is managed) and enter with lot size = balance/1000.

Example: 1000 € / 1000 = 1 lot

You know what I can tell which part of your code I can add this modification?

σας ευχαριστώ
  • #57
  • Jul 18, 2014 8:01am Jul 18, 2014 8:01am
Hi,Panagiotis! There is a proposal to add another function MinZeroLevelDistantse, function MaxZeroLevelDistanse. It will limit the distance to open an order from level 00. For example: MaxZeroLevelDistanse = 5. This means that if the opening price of the new hour is at a distance of> 5 pips from the 00 level, in this hour on level 00 pending order will not be billed.
Thanks in advance!
  • #58
  • Jul 18, 2014 10:23am Jul 18, 2014 10:23am
Quoting chaveznqoos
Hi Panagiotis; I need some help to modify your code a bit. I'm doing several tests with this strategy and your expert. One of them is to not use stop loss (via hedging is managed) and enter with lot size = balance/1000. Example: 1000 € / 1000 = 1 lot You know what I can tell which part of your code I can add this modification? σας ευχαριστώ
ok, set UseCustomLotCalculation=TRUE (default).

Then it will use lots = AccountEquity / 1000 ...

I think using the equity is better than the balance ...
Attached File(s)
File Type: mq4 Mithen mod.mq4   108 KB | 615 downloads
PM me with coding requests and I'll probably put you on my ignore list
  • #59
  • Jul 18, 2014 11:01am Jul 18, 2014 11:01am
Quoting chaveznqoos
Hi Panagiotis; I need some help to modify your code a bit. I'm doing several tests with this strategy and your expert. One of them is to not use stop loss (via hedging is managed) and enter with lot size = balance/1000. Example: 1000 € / 1000 = 1 lot You know what I can tell which part of your code I can add this modification? σας ευχαριστώ
You can modify "CalcLots(int x6)" function.
  • #60
  • Jul 18, 2014 11:08am Jul 18, 2014 11:08am
Quoting frietzak
Hi Xux99, I would like to suggest an add-on to the already existing priority function. Currently, the system operates as follows; if only one of the prioritized pairs is tradable it won't open another trade on the not prioritized pairs while it's possible that atleast one of these '' not prioritized '' pairs offers a trade opportunity. Is is possible to implement some code whereby the EA looks beyond only trading the prioritized pairs. I hope it is clear, as I struggled to explain it properly. Best regards, Frietzak
Should we take into account MaxOpenTradesAllPairs option and open a trade for not prioritized pairs if total open trades are less that MaxOpenTradesAllPairs-(trading opportunities of priority pairs)? Priority pairs won't completely prevent trading of the rest pairs the will just limit their trades number. It would be nice if other members also make suggestions for priority pairs logic.
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