Need EA To Take Trades...Please Help! | Forex Factory

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Need EA To Take Trades...Please Help!

  • #1
  • First Post: May 16, 2015 9:51pm May 16, 2015 9:51pm
I'm new to the forum here but so far my experience has been great. I figured I would give this a shot. I have an EA that gives me a pop up alert when certain criteria are met. I've been trying to figure out how to get it to actually place trades so I can test it out and see how it would perform. It does pretty well for me when I'm trading manually but I want to put it on multiple pairs and just let it run.

I would greatly appreciate any assistance that anybody can assist with or even pointing me in the right direction. Of course it would be much easier to have someone already with coding skill use what I have and just add to it but if I have to do the work myself, I'm not against that. I just have no coding skills at all as what I currently have was written by somebody who has moved and I no longer can get in contact with.

Here are the features I would like to have.

  1. Ability to enter trades based on % risk of account balance
  2. Ability to customize the % risked as needed (so if it's set or 2%, I want to be able to have that be changed by me as needed)
  3. Ability to trail the stop loss
  4. Ability to exit at a pre-determined take profit level

I believe that is all I would like to have added to the current EA. I would still like to have the pop ups that I currently get so I don't want any of that to change, I just mainly want to be able to have the EA take trades while I'm sleeping and be self sufficient until I wake up the next day.

I appreciate any advice or help that anybody can give. I've attached the EA in it's current state.

Attached File(s)
File Type: mq4 MoneyEA.mq4   4 KB | 303 downloads
  • #2
  • May 17, 2015 4:41am May 17, 2015 4:41am
I am willing to do this for you as I need something relatively simple to work on to get my head back together.
I will only supply the ex4 file and will be prepared to make small modifications if I have time.
If somebody else wants to work on this, please announce yourselves and I will leave it up to you
Please Do Not PM Me With Coding Enquiries
  • #3
  • May 17, 2015 1:12pm May 17, 2015 1:12pm
Thank you very much! I appreciate you taking time out of your life to help me. I look forward to the final product.

Quoting Gumrai
I am willing to do this for you as I need something relatively simple to work on to get my head back together. I will only supply the ex4 file and will be prepared to make small modifications if I have time. If somebody else wants to work on this, please announce yourselves and I will leave it up to you
  • #4
  • May 17, 2015 5:38pm May 17, 2015 5:38pm
Gumrai,

Sorry but I forgot to say in my previous post that I want this to be a stop and reverse type EA. So once the criteria are met for a buy the EA enters the market and holds that trade until the criteria for a sell is met. Once that happens, it closes out the long and enters a short.

The way the current EA is set up is that it gives me an alert every timeframe 1 that the criteria is met.

For the EA that you are creating just one trade at a time is fine. I don't want it to enter a trade every time the criteria is met. Hopefully this makes sense. If not let me know and I will try to explain further.

Once again, thanks for your help.
  • #5
  • May 17, 2015 10:29pm May 17, 2015 10:29pm
Hello,
I have written the EA so that it should only take 1 trade at a time.
If you want it to stop and reverse, simply set Take Profit at 0.
You can either enter a lot size to be used on every trade, or if that is set to 0, the lot size will be calculated according to the % risk.
Please give it a good test on Demo and let me know if there are any problems
Attached File(s)
File Type: ex4 Multi Stoch EA.ex4   19 KB | 320 downloads
Please Do Not PM Me With Coding Enquiries
  • #6
  • May 17, 2015 11:08pm May 17, 2015 11:08pm
Thank you so much Gumrai. I truly appreciate the help. I will test it out and let you know how it goes. You're amazing!!!

Quoting Gumrai
Hello, I have written the EA so that it should only take 1 trade at a time. If you want it to stop and reverse, simply set Take Profit at 0. You can either enter a lot size to be used on every trade, or if that is set to 0, the lot size will be calculated according to the % risk. Please give it a good test on Demo and let me know if there are any problems {file}
  • #7
  • May 18, 2015 12:02am May 18, 2015 12:02am
hello ..really hope your EA is running well
Maura Zaky Putri Fadhin
  • #8
  • May 19, 2015 11:27am May 19, 2015 11:27am
Can someone help me figure out what I may be doing wrong. Yesterday the EA was running just fine and taking trades perfectly. Today for some reason, it will not enter any trades. I have attached two screenshots to show what it say in my "experts" and "journals" tab. On the second screenshot I have also shown the setting that I have on the EA as well.

Gumrai if you are around can you please comment on what I could have possibly done wrong. Thanks.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Capture1.PNG Size: 242 KB
Click to Enlarge Name: Capture2.PNG Size: 248 KB
  • #9
  • May 19, 2015 3:22pm May 19, 2015 3:22pm
You have the smiley face, so trading has not been disabled on your platform.
It seems that trading has been disabled by the broker for some reason.
Contact your broker and ask them.
Please Do Not PM Me With Coding Enquiries
  • #10
  • May 20, 2015 8:40am May 20, 2015 8:40am
Will do. Thanks.

Quoting Gumrai
You have the smiley face, so trading has not been disabled on your platform. It seems that trading has been disabled by the broker for some reason. Contact your broker and ask them.
  • #11
  • May 20, 2015 1:37pm May 20, 2015 1:37pm
Hi,
are you still getting this problem then?
Have you tried shutting down your platform for a while and then re-opening it?
I have had the EA running on demo this week with no problems.
Please Do Not PM Me With Coding Enquiries
  • #12
  • May 20, 2015 11:47pm May 20, 2015 11:47pm
Yes, I did shutdown my platform. I even restarted my laptop and I'm still getting the same error. I'm going to attach it to a different platform and hopefully that will clear up the issues. Thanks for checking to see if it was fixed or not. I really appreciate it.

Quoting Gumrai
Hi, are you still getting this problem then? Have you tried shutting down your platform for a while and then re-opening it? I have had the EA running on demo this week with no problems.
  • #13
  • May 24, 2015 1:38pm May 24, 2015 1:38pm
Hi, thanks for this EA, this week has given brilliant results, I think it would be interesting to apply a time filter, best results are in london market. some kind soul could apply daylight filter to continue testing? A greeting.
  • #14
  • May 24, 2015 2:22pm May 24, 2015 2:22pm
Quoting Pippington
I'm new to the forum here but so far my experience has been great. I figured I would give this a shot. I have an EA that gives me a pop up alert when certain criteria are met. I've been trying to figure out how to get it to actually place trades so I can test it out and see how it would perform. It does pretty well for me when I'm trading manually but I want to put it on multiple pairs and just let it run. I would greatly appreciate any assistance that anybody can assist with or even pointing me in the right direction. Of course it would be much...
I can do it, but from my experience it would be only waste of time
changing indicators to EA's is useless because indicators are lagged
if they are not lagging indicators then they repaint
So don't get shocked if your EA was ready but not profitable.
however there is a rule : if you choose SL and TP big enough(TP>>>SL) there is a chance to make an always not looser not winner Robot, but this idea has nothing to do with indicators, and it's just a statistic probability trick which leads to a normal Distribution curve in long term, no matter what indicator no matter what time frame no matter what currency pair u choose
(this was all from my coding challenges and what I have seen by myself).
the best idea is no indicator idea, such as real support/resistance line, elliot+harmonic waves, Fibo ratios, classic patterns, Grids,...
  • #15
  • May 24, 2015 2:31pm May 24, 2015 2:31pm
Glad to hear that you had solid results with the EA. My suggestion for the time filter would be to disable your "Auto Trading" during the times that the London market is not open.

If there is somebody out there who would be willing to add that filter could you possible add a filter for all trades to be closed once 5% profit has been made for the day (based off closed profits and open trades). For example if using a $10k account a $500 profit for the day would be a gain of 5%. Lets say all the closed trades have resulted in a profit of $327. On the next trade the account equity reaches $500 (current trade up $173) I would like to have the EA close out the current trade which would result in the profit for the day being $500. I'm not sure if this is possible or not but I figured I would throw it out there.

Once again thanks to Gumrai for creating the EA.

Quoting Clipi
Hi, thanks for this EA, this week has given brilliant results, I think it would be interesting to apply a time filter, best results are in london market. some kind soul could apply daylight filter to continue testing? A greeting.
  • #16
  • May 24, 2015 2:33pm May 24, 2015 2:33pm
Thanks for the offer but Gumrai has already created the EA for me.

Quoting tablet8
{quote} I can do it, but from my experience it would be only waste of time changing indicators to EA's is useless because indicators are lagged if they are not lagging indicators then they repaint So don't get shocked if your EA was ready but not profitable. however there is a rule : if you choose SL and TP big enough(TP>>>SL) there is a chance to make an always not looser not winner Robot, but this idea has nothing to do with indicators, and it's just a statistic probability trick which leads to a normal Distribution curve in long term, no matter...
  • #17
  • May 24, 2015 11:42pm May 24, 2015 11:42pm
Quoting Pippington
Thanks for the offer but Gumrai has already created the EA for me. {quote}
I backtested your robot here is the resultmulti stock.ex4)

Attached Image (click to enlarge)
Click to Enlarge Name: bold.jpg Size: 225 KB


Attached Image (click to enlarge)
Click to Enlarge Name: bold2.jpg Size: 235 KB


I promise that it is 100 % impossible to make a profitable robots with indicators.
maybe for some weeks it seem good for instance if u have a only seller robot and we are in a bearish trend, it would be profitable untill the bearish trend is finished, but it was not the robot making profit but it was the chance of being in a trend and following trend direction=only sell !!
indicators have nothing to do with future, they r completely useless,
some people need 1 week to understand this
some people need 1 month
some people need 1 year
some people never understand this, and return to market again and again and repeat the same mistake
  • #18
  • May 25, 2015 4:16pm May 25, 2015 4:16pm
Thanks for the information Tablet8. I appreciate you sharing that with me. When I manually trade I use more than just the multi stoch signals to trade. I wanted to see how it would be if I traded strictly just using that but I see that is not profitable. When I trade manually I use price action in conjunction with the direction of stochastics. I have a few other proprietary indicators that I use as well to help me determine if I want to enter the trade or not.

So once again, thanks for sharing that information because it lets me know that trading just the entries of multi stoch alone is not profitable at all.

Quoting tablet8
{quote} I backtested your robot here is the resultmulti stock.ex4) {image} {image} I promise that it is 100 % impossible to make a profitable robots with indicators. maybe for some weeks it seem good for instance if u have a only seller robot and we are in a bearish trend, it would be profitable untill the bearish trend is finished, but it was not the robot making profit but it was the chance of being in a trend and following trend direction=only sell !! indicators have nothing to do with future, they r completely useless, some people need 1 week...
  • #19
  • May 25, 2015 4:26pm May 25, 2015 4:26pm
Hello friend I'm also new here, I'm testing one. I can say that I had excellent results so far since I've been using.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot6.png Size: 35 KB
  • #20
  • May 25, 2015 4:34pm May 25, 2015 4:34pm
Quoting tablet8
{quote} I backtested your robot here is the resultmulti stock.ex4).
BACKTESTS ARE BULLSHIT!

They have proven no reliability on winning or losing as far as forward testing of any automation is concerned.


Quoting tablet8
I promise that it is 100 % impossible to make a profitable robots with indicators.
THIS STATEMENT IS BULLSHIT!

This means that you have fallen down on the idea based on failure through your backtesting, or haven't been successful at working with these ideas.


All that being said, I never claimed the current EA in topic will continue to carry profits or even win a single trade, just stating that it is possible to create a winning methodology based on indicators that can be set to automation.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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