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My EA Gift to Traders

  • #181
  • Jan 24, 2015 6:51am Jan 24, 2015 6:51am
Dave have a look at this seems promising but need some help because not always ST is set.
Attached File(s)
File Type: txt Ema cross + RSi.txt   11 KB | 399 downloads
  • #182
  • Jan 25, 2015 11:12am Jan 25, 2015 11:12am
alex8585 In regards to your .set file "Stoch + Emacrossprice.txt". With "Price/EMA" set to 1 (on) and "STOCCross" set to one the two conditions are simply not met at the same time, so no trades. With just "Price/EMA" set and the EMA set to 200EMA, there are only two trades in 2014 (both profitable by the way); but with the "StocCrass" also set there are no trades in 2014. Remember ALL conditions set to "1" have to be met before the EA will trade.

This EA works just fine, what I am learning from it is that it is very difficult to fine a strategy that is consistently profitable.

As far as the " Ema cross + RSi.txt" set file, only the RSI Cross is set to one, so it is only trading with this strategy.
  • #183
  • Jan 25, 2015 1:50pm Jan 25, 2015 1:50pm
Quoting rkkgs
{quote} dear winforex give me good setting or share setfiles thank you advance
Hi Rkkgs

GBPUSD - 4 Hours
You can try the EA with following settings.

SUPPORT/RESISTANCE FILTER
Automoney management
STOP LOSS = 70
Use TrailingStopLoss = 1
TAKE PROFIT = 225
UseSR=1
SRMaxBarsAgo = 60
SRBuffer = 5
  • #184
  • Edited 11:39pm Jan 25, 2015 2:48pm | Edited 11:39pm
Quoting mwbarth36
alex8585 In regards to your .set file "Stoch + Emacrossprice.txt". With "Price/EMA" set to 1 (on) and "STOCCross" set to one the two conditions are simply not met at the same time, so no trades. With just "Price/EMA" set and the EMA set to 200EMA, there are only two trades in 2014 (both profitable by the way); but with the "StocCrass" also set there are no trades in 2014. Remember ALL conditions set to "1" have to be met before the EA will trade. This EA works...
You bring up some important points which need to be emphasised.

Firstly to Alex, your set file was very restrictive as mwbarth36 points out. Also you had UseContinuousStraddle=1 and UseStraddle=1 as well.

Another concern -
You need to press "Reset" when embarking on a new strategy to reset all strategies and filters to zero.

Other that that, if you had set your PriceEmaMaxBarsAgo=20 and optimized your Stochastic values eg. your stochastic periods eg KPeriod from 5 to 20 step 1, Slowing 3 to 8 step 1, DPeriod 3 to 8 step 1, you would have had many good results.

NOTES ON CONDITIONS BEING MET

If the MaxBarsAgo setting for a strategy or filter is left at 1, the condition will have to be satisfied on the previous bar only.
So for a strategy such as above the Price crossing the EMA will have had to occur on the last bar or the test will fail. So if you are looking to test against the long term EMA, set the max bars ago further out eg 20 so that condition will be met on ANY of the last 20 bars.

So for a BUY situation, ALL items Usexxx=1, as long as all conditions are satisfied within the xxxMaxBarsAgo period for each item and No Sell Conditions are trigged at the same time, a Buy signal is given. (There is 1 exception, ADX over 25 satisfies both Buy and Sell and does not negate either)

HOW TO FIND PROFITABLE STRATEGIES

Before you embark on any strategy testing - press "reset" to bring all parameters back to zero.

Carefully choose the strategies or filter you wish to enable by changing Use???????=1 (where ??????? is the name of the strategy or filter).

Optimize your settings.

As an simple example -

If you are using RSI - Optimize RSIPeriods from 10 to 20 Step 1, RSITopLevel from 60 to 80 step 1, RSIBottomLevel from 20 to 40 step 1, StopLoss from 5 to 100 step 5, TakeProfit 5 to 100 step 5. Try UseADXFilter=1. Try SetStopLossToBreakEven from 5 to 30 step 5. Try TradeClosureMode=1. (You can even introduce 2 other RSI conditions to be met eg. RSI 25 and RSI 35 crossing the 50 upper and lower level). As I said in Post #1 the options are only limited by your imagination.

The reason I selected RSI was that it consistently is a most reliable indicator and gives good results.

Try different timeframes and currencies. Your optimizations will run faster if you chose Open prices only as the model and higher timeframes eg 60 mins. After you have selected the most suitable optimization, double click on it and the settings will be transferred to your input list. Save the .set file for future reference and all your optimization parameters will be saved as well.

Enclosed is a set file for EURUSD 2014 60min which give good results when back tested on 2013 and 2014 using the every tick model.

I have also enclosed the amended set file for Alex which simply removes the Straddle and ContinuousStraddle enabling and optimizes the Stoc settings and sets the lookback on the PriceEMA cross to 20 periods. You should rename these .set but you can still use them as .txt if when you get the dialog for load, just change the file type from .set to all files (*.*)
Attached File(s)
File Type: txt TG_AUD_60_2014_STOC_PriceEMAFilter.txt   11 KB | 281 downloads
File Type: txt TG_EUR_60_2014_RSI_BreakEvenFilter.txt   11 KB | 359 downloads
  • #185
  • Edited 11:41pm Jan 25, 2015 3:25pm | Edited 11:41pm
Do you really want good back testing with 99.9% accuracy for FREE?

Here's how to do it.

Download Tick Data Downloader. (you can get tick data on weekends with this and I find it to be a little faster)
Download Tickstory (can also download tick data but only when market is open)

Use Tick Data Downloader to download the tick data (it comes from Dukascopy). Be sure to set the "convert to all timeframes" option and automatic export to CSV - by clicking on "Configure". The downloads are large eg. 2013 and 2014 tick data for each currency pair is about 1.3GB. Should take around 1 hour for each pair.

When the data is downloaded, Use Tickstory to do the import to MT4

From TickStory, go to File, Settings and configure both tabs. If you used Tick Data Downloader, point to the location of the downloaded data. Then right click on the symbol group and select Export to MT4. Pay close attention to the settings presented, particularly set the correct GMT Offset) When the export is finished. Load MT4 from Tickstory - Tools, Launch MT4. The export to MT4 takes time (about 1 hour) but the end result is 99.9% testing accuracy on the "Use every tick" model.

If you don't need this type of accuracy, just import the CSV files into the MT4 history for each timeframe that Tick Data Downloader generated. You will still get good clean data with 90% testing accuracy and with weekend data filtered out.
  • #186
  • Edited Jan 26, 2015 3:43pm Jan 25, 2015 7:38pm | Edited Jan 26, 2015 3:43pm
I mentioned above (Post #184) that the RSI was a solid basis for any strategy. Here are the results for the enclosed set file with "every tick" as the model, back tested at 99.9% accuracy.

Rename the .txt to .set and include in the tester directory within MT4. eg.

C:\Users\David\AppData\Roaming\MetaQuotes\Terminal\294B6FCE6F709DE82DA4C87FDBF1DE36\tester

Just one word of caution. Set up a separate MT4 installation for your MT4 back testing and always run MT4 from the Tickstory program if you want 99.9% backtest results. This is most important! If you run this MT4 program from the Start menu, the .fxt files will be overwritten.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: TG_EUR_60_2014_RSI_Optimization_Setup.jpg Size: 59 KB
Click to Enlarge Name: TG_EUR_60_2014_RSI_Optimization_Graph.jpg Size: 121 KB
Click to Enlarge Name: TG_EUR_60_2014_RSI_Optimization_Report.jpg Size: 87 KB
Attached File(s)
File Type: txt TG_EUR_60_2014_RSI_BreakEvenFilter.txt   11 KB | 382 downloads
  • #187
  • Jan 26, 2015 12:14am Jan 26, 2015 12:14am
I have found a small error in the stop loss not initially being set for sell trades with the SetStopLossToBreakEvenPips value not being set to zero.

The relevant line of code is in the Open Sell Order area

if (StopLoss != 0 && SetStopLossToBreakEvenPips == 0) StopLossPrice = Ask + (StopLoss * PointValue);

should be changed to

if (StopLoss != 0) StopLossPrice = Ask + (StopLoss * PointValue);

This will ensure that as soon as the trade is opened, a protective stop loss is placed. As it was, no stop loss was placed until the break even pips had been achieved.

Download from Post #1
  • #188
  • Jan 26, 2015 2:18am Jan 26, 2015 2:18am
Quoting Dave_C
{quote} You bring up some important points which need to be emphasised. Firstly to Alex, your set file was very restrictive as mwbarth36 points out. Also you had UseContinuousStraddle=1 and UseStraddle=1 as well. Another concern - You need to press "Reset" when embarking on a new strategy to reset all strategies and filters to zero. Other that that, if you had set your PriceEmaMaxBarsAgo=20 and optimized your Stochastic values eg. your stochastic periods eg KPeriod from 5 to 20 step 1, Slowing 3 to 8 step 1, DPeriod 3 to 8 step 1, you would have...
Dave thank you ,

As i have stated for me automation is rocket science that is why i did so many mistakes.
But thanks to your instruction and detailed description makes it clear and more easy to continue testing.

IF and i repeat only if you have time could you make a kind of manual so it was easy for all of us to understand how EA performs. It will make your life easier too instead of answering to every single individual for a mistake in the settings. Just my thought and suggestion.

Thank you for all the effort and support. God bless you.
  • #189
  • Edited 3:45pm Jan 26, 2015 3:47am | Edited 3:45pm
Quoting alex8585
{quote} Dave thank you , As i have stated for me automation is rocket science that is why i did so many mistakes. But thanks to your instruction and detailed description makes it clear and more easy to continue testing. IF and i repeat only if you have time could you make a kind of manual so it was easy for all of us to understand how EA performs. It will make your life easier too instead of answering to every single individual for a mistake in the settings. Just my thought and suggestion. Thank you for all the effort and support. God bless you....
Thanks for your suggestion Alex. I will work towards a manual on how to make the most of the EA. I do share your sentiment that because the scope is so large, it has become overwhelming. Some suggestions, I embraced to enhance the EA but I agree there is a tendency to become an unmanageable giant just like MS Office. All we really wanted to do was to write a letter!

I was always mindful that whilst attempting to cater for suggestions, things like triple RSI and other individual considerations could overwhelm basic principles and that is why I put a lid on the personal requests. So that is why we now have a list of inputs as long as your arm. If anybody has followed this thread from the beginning, they would understand my sentiments. If it was just me alone, I would go back to just the basics but this thread belongs to all the active posters such as yourself.

I really appreciate your input and I am encouraged when people take the time to respond instead of just download and use my input without ever contributing; which amounts to about 95% of the downloaders!
  • #190
  • Jan 26, 2015 4:02am Jan 26, 2015 4:02am
Hi Dave
This is my first post. Thank you very much for Traders Gift EA.
I have set the trading mode to Discretionary. When I get the pop-up alert I can neither confirm the trade or cancel, the pop-up remains and the only way I can remove it is by removing the EA.
Can't work out what I am doing wrong.
Can you put me right please.
  • #191
  • Jan 26, 2015 12:16pm Jan 26, 2015 12:16pm
Dear Dave ,

I could no matter how many i tried to set the condition that if price is above 200 EMA only buy and for sell via verca no mater how many bars ago i set the cross to happen.

I am quite sure that i am missing something but can't find it out.Hope in your help.
  • #192
  • Edited 3:13pm Jan 26, 2015 2:43pm | Edited 3:13pm
Quoting alex8585
Dear Dave , I could no matter how many i tried to set the condition that if price is above 200 EMA only buy and for sell via verca no mater how many bars ago i set the cross to happen. I am quite sure that i am missing something but can't find it out.Hope in your help.
Click on View, Strategy Tester, Select TradersGift, AUDUSD, Model - Open Prices Only, Period H1, Use Date from 2014.01.01 to 2014.12.31, Spread 2

Click on Expert Properties, Load, Select TG_AUD_60_2014_STOC_PriceEMAFilter.set (renamed from the enclosed .txt file), Click on OK

Tick on the Optimization Box and then press the Start button.

After the optimization has finished, click on the Optimization results, Click on the profit header until the down arrow shows. Go to the top of the list of results and double click the top row to transfer these results to your inputs and resave the .set file.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: TG_AUD_60_2014_Stoc_Optimization_Setup.jpg Size: 59 KB
Click to Enlarge Name: TG_AUD_60_2014_Stoc_Optimization_Results.jpg Size: 195 KB
Attached File(s)
File Type: txt TG_AUD_60_2014_STOC_PriceEMAFilter.txt   11 KB | 275 downloads
  • #193
  • Jan 26, 2015 3:09pm Jan 26, 2015 3:09pm
Quoting dodger
Hi Dave This is my first post. Thank you very much for Traders Gift EA. I have set the trading mode to Discretionary. When I get the pop-up alert I can neither confirm the trade or cancel, the pop-up remains and the only way I can remove it is by removing the EA. Can't work out what I am doing wrong. Can you put me right please.
I found a fault in the code. Update at Post #1.
  • #194
  • Jan 26, 2015 5:59pm Jan 26, 2015 5:59pm
Quoting Dave_C
{quote} I found a fault in the code. Update at Post #1.
Thank you buddy
  • #195
  • Jan 27, 2015 1:08am Jan 27, 2015 1:08am
Thanks very much for your help
  • #196
  • Jan 27, 2015 5:16am Jan 27, 2015 5:16am
Good afternoon,
Just wanted to share some testing results with this EA, on the USDJPY pair.

This is based on:

  1. Price crossing 200EMA on H1 chart
  2. TP - 250
  3. SL - 150
  4. TS

Results for 2014 full year was a touch over 100% net profit..see below.
I'm working on other pairs, but need to fine tune the TP/SL

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY-H1.JPG Size: 90 KB
Enter Signature
  • #197
  • Jan 27, 2015 7:26am Jan 27, 2015 7:26am
Hi Dave
There seems to be an error with the TradingMode - Discretionary.
When Cancel is chosen the trade is placed anyway. This has happened a couple of times.
  • #198
  • Jan 27, 2015 8:01am Jan 27, 2015 8:01am
Quoting dman7800
good afternoon, just wanted to share some testing results with this ea, on the usdjpy pair. This is based on: Price crossing 200ema on h1 chart tp - 250 sl - 150 ts results for 2014 full year was a touch over 100% net profit..see below. I'm working on other pairs, but need to fine tune the tp/sl {image}
please share set files .... And ts ? Point?
  • #199
  • Jan 27, 2015 8:16am Jan 27, 2015 8:16am
Quoting priceaction7
{quote} Thank you buddy
THANK YOU THANK YOU VERY MUCH
GOOD WORK YOUR JOB

KEEP IT UP
  • #200
  • Jan 27, 2015 8:31am Jan 27, 2015 8:31am
Quoting winforex
{quote} I have been back testing different settings and of the many variations i tried, following resulted in profit. PRICE/EMA cross STOP LOSS = 70 TAKE PROFIE = 250 PRIME/EMA CROSS = 1 SINGLE EMA = 15 EMA SHIFT = 2 Net profit = 826
Dear WINFOREX...

GBPUSD 15 min time farm OK !

TRAILING STOP or BREAK EVEN ANY?
please share it
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