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My EA Gift to Traders

  • #1,481
  • Jun 2, 2015 6:25pm Jun 2, 2015 6:25pm
Yes, you are correct, I was just wondering but why the EA didn't open this trade? I also checked USDCAD (8,23,5) and GBPUSD (9,27,5), both of the MACD crossed a few hours ago, but the EA didn't open these trades as well.
  • #1,482
  • Edited 10:35pm Jun 2, 2015 10:22pm | Edited 10:35pm
Todays Discussion: Refer to Post #1457 for discussion on Lookback Bars and Timeframe

STOC - Stochastic Indicator is an indicator which shows the relative position of the referenced price to the highest High and lowest Low over a specified number of bars. It is expressed as a percentage and like the MACD is an oscillator which is meant to indicate the turning point of price. This is known as the Fast%K or K Period
This Fast%K value then has a slowing EMA applied to it known as the Slow%K or the Slowing Period
The Slow%K then has a further slowing EMA applied to it also known as the Slow%D or D Period

Traders Gift interpretion is -
cross down of the D Period below the Slowing Period and having a value <= 20% as a Buy signal
cross up of the D Period over the Slowing Period and having a value >= 80% as a Sell signal

If is recommended that all these values be optimized using back testing with relatively low values hence the End Value of 8 for the K Periods but can be optimized for longer periods if required.
  • #1,483
  • Jun 2, 2015 10:24pm Jun 2, 2015 10:24pm
Quoting mozhixing
Yes, you are correct, I was just wondering but why the EA didn't open this trade? I also checked USDCAD (8,23,5) and GBPUSD (9,27,5), both of the MACD crossed a few hours ago, but the EA didn't open these trades as well.
I would need to see your set files and trade history.
  • #1,484
  • Jun 3, 2015 12:55am Jun 3, 2015 12:55am
Quoting Dave_C
{quote} I would need to see your set files and trade history.
Hi, Dave,

Please see attached the set file. The account history was quite simple, there were only two trades since opening of the account, one was a buy gubusd at 06.02.00, the other was a sell usdjpy at 06.02.06. I attached the EA to the seven majors and assigned different magic numbers to the EA for each chart, but it seems that the EA can only open one trade at a time. It has to close the previous order and then open another order. Thanks for your comments.
Attached File(s)
File Type: zip set file.zip   24 KB | 466 downloads
  • #1,485
  • Jun 3, 2015 5:10am Jun 3, 2015 5:10am
Quoting mozhixing
{quote} Hi, Dave, Please see attached the set file. The account history was quite simple, there were only two trades since opening of the account, one was a buy gubusd at 06.02.00, the other was a sell usdjpy at 06.02.06. I attached the EA to the seven majors and assigned different magic numbers to the EA for each chart, but it seems that the EA can only open one trade at a time. It has to close the previous order and then open another order. Thanks for your comments. {file}
The reason you are only getting one trade at a time is because you have the same Magic Number on each set file. That would seem to be the logical explanation. If as you say you have changed the Magic Number manually, I can see no reason why trades wouldn't be taken as the only reason trades are not taken is if trades under that Magic Number are existing already. The info panel will give you a confirmation that each trade does in fact have a different Magic Number.
  • #1,486
  • Jun 3, 2015 5:26am Jun 3, 2015 5:26am
Quoting Dave_C
{quote} The reason you are only getting one trade at a time is because you have the same Magic Number on each set file. That would seem to be the logical explanation. If as you say you have changed the Magic Number manually, I can see no reason why trades wouldn't be taken as the only reason trades are not taken is if trades under that Magic Number are existing already. The info panel will give you a confirmation that each trade does in fact have a different Magic Number.
Hi, the info panel shows different magic numbers for the EAs. It was strange why no more than one trade at a time.
  • #1,487
  • Edited 10:15am Jun 3, 2015 5:38am | Edited 10:15am
Quoting mozhixing
{quote} Hi, the info panel shows different magic numbers for the EAs. It was strange why no more than one trade at a time.
I can't understand that because as you can see there are multiple trades being placed on all my examples. The only thing I can advise is actually changing the Magic Number on each set file but in any case you can change them at input stage.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-06-03 17_05_52-2018709_ GlobalPrime-Demo - Demo Account - USDCHF,H1.jpg Size: 17 KB
  • #1,488
  • Jun 3, 2015 4:50pm Jun 3, 2015 4:50pm
Todays Discussion: Refer to Post #1457 for discussion on Lookback Bars and Timeframe

Bollinger Bands - normally consist of 3 lines on a chart.

The middle line is a 20 Day (default) Simple Moving Average of Price
The upper line is displaced upwards from the middle line by a value of 2 times (default) the Average price deviation over the same number of periods
The lower line is displaced downwards from the middle line by a value of 2 times (default) the Average price deviation over the same number of periods

Because this deviation average varies from bar to bar the width of these channels will vary.

There are numerous ways of interpreting Bollinger Bands, however Traders Gift makes a simple assumption that when the price closes above the top band that this indicates strength of price and a buy signal is generated and the opposite for a close below the bottom band.

The values of the number of periods and the deviation are recommended to be optimized.

For more information on any indicators, I suggest you refer to
http://stockcharts.com/school/doku.p...cal_indicators
  • #1,489
  • Jun 4, 2015 3:14am Jun 4, 2015 3:14am
Problem still unsolved, only one trade at a time. Is anybody having the same problem as mine?
  • #1,490
  • Jun 4, 2015 1:36pm Jun 4, 2015 1:36pm
Quoting mozhixing
Problem still unsolved, only one trade at a time. Is anybody having the same problem as mine?
Could it be that you don't have enough equity to open another trade? I have no problems on multiple trades being opened.
  • #1,491
  • Jun 4, 2015 2:55pm Jun 4, 2015 2:55pm
I have just had a support issue with Strategy Optimizer which proved fairly difficult to find but was resolved by changing the Region Date Format (in Control Panel) to incorporate a yyyy display rather than an a yy display. even though .net should resolve a date value to yyyy if would appear that passing a value with a formatted regional display of yy causes the following error.

What I do know is that d/MM/yyyy definitely does work.
Attached Image
  • #1,492
  • Jun 4, 2015 3:04pm Jun 4, 2015 3:04pm
Quoting mozhixing
Problem still unsolved, only one trade at a time. Is anybody having the same problem as mine?
I may be able to help with a TeamViewer session. Please PM me if you are interested.
  • #1,493
  • Jun 4, 2015 4:25pm Jun 4, 2015 4:25pm
Quoting Dave_C
I have just had a support issue with Strategy Optimizer which proved fairly difficult to find but was resolved by changing the Region Date Format (in Control Panel) to incorporate a yyyy display rather than an a yy display. even though .net should resolve a date value to yyyy if would appear that passing a value with a formatted regional display of yy causes the following error. What I do know is that d/MM/yyyy definitely does work. {image}
The problem was on my computer, thank you very much Dave for all the work solving this. Now I can see the StrategyTester potential...!!!!
  • #1,494
  • Jun 4, 2015 7:41pm Jun 4, 2015 7:41pm
Hi Dave,

Thanks for sharing such a robust EA.

Based on the Stochastic indicator, pleasewill it feasible to incorporate level when to buy/Sell. That is, buy only when cross is below 20 and sell when cross is above 80. However, using the inbuilt SR filter seems similar.

Cheers
Collins
  • #1,495
  • Jun 4, 2015 10:04pm Jun 4, 2015 10:04pm
Quoting rimazuc
Hi Dave, Thanks for sharing such a robust EA. Based on the Stochastic indicator, pleasewill it feasible to incorporate level when to buy/Sell. That is, buy only when cross is below 20 and sell when cross is above 80. However, using the inbuilt SR filter seems similar. Cheers Collins
That is exactly what it does. Please refer Post #1482
  • #1,496
  • Edited Jun 5, 2015 11:20am Jun 4, 2015 10:46pm | Edited Jun 5, 2015 11:20am
Todays Discussion: Refer to Post #1457 for discussion on Lookback Bars and Timeframe

PSAR Parabolic Stop and Reverse
This indicator trails below the price in a rising market and above the price in a falling market and is perceived the same way as a trailing stop loss. When the price reverses the PSAR value will cross the price value. The size of each Step is called the acceleration factor and the default starting value is normally .02 and every time a new high is made in a rising market it increases a value based on the previous value of the indicator and a factored Step increment based on the Price movement multiplied by the Step value up to a Step Limit value default of .20

I know this is rather complicated and the math is of no concern and just view it the same way as a trailing Stop Loss. At some point, the price will reverse to meet the trail. When that cross occurs, a Buy or Sell signal is generated. That is -

When the PSAR value crosses to below the Close Price on the bar in question (default of last bar) a Buy signal is given.
When the PSAR value crosses to above the Close Price on the bar in question (default of last bar) a Sell signal is given.

The problem it is a lagging indicator and is recommended that it be used in conjunction with other indicators.
Optimization of the Stop (Limit) value and the size of the Increment (Step) is recommended.

For more information on any indicators, I suggest you refer to
http://stockcharts.com/school/doku.p...cal_indicators
  • #1,497
  • Jun 5, 2015 9:08am Jun 5, 2015 9:08am
Fantastic! thanks Dave.
  • #1,498
  • Edited 4:31pm Jun 5, 2015 4:16pm | Edited 4:31pm
StrategyOptimizerStandard (Ver 1.47) and StrategyOptimizerAuto (Ver 2.27) now available.
Fixes Easy Mode display on loading set files.
  • #1,499
  • Jun 5, 2015 4:30pm Jun 5, 2015 4:30pm
Todays Discussion:

Time and Day
This filter enables you to set the trading days and/or times that you will allow trading signals to be given. Outside these hours and days, no buy or sell signals will be given even if enabled strategies or filters give a signal. The times are based on MT4 time.

UTC to GMT Offset = 2

An Example -
TradingHoursStart = 11
TradingHoursEnd = 18
TradingDaysStart = 2
TradingDaysEnd = 4

Signals will only be given from 9am to 4pm (UTC) on Tuesday to Thursday.

To trade all Days - leave Day settings as default, 0 and 5
To trade all Hours - leave Hour settings as default 0 and 23
  • #1,500
  • Jun 6, 2015 10:16pm Jun 6, 2015 10:16pm
Todays Discussion:

Straddle
A Straddle is a combination of 2 pending trades (a Buy Limit and a Sell Limit) placed in any 1 of the 3 following scenarios.

1. At a particular time - for example a scheduled news event (normally place 1 minute before). If the Day and the Time is required, leave the Hour at -1 and use the inputs from Time and Day to specify both Time and Day (Use same start and end times).
2. At a particular price - normally a significant price level - eg a whole number, support/resistance price or Fibonacci level.
3. At a particular indicator cross - this will be set by setting another strategy also, and instead of a buy or sell trade, 2 pending trades will be placed.

The gap between the existing price (when one of the scenarios above occurs), and the trade activation price is determined by the value of the Straddle Buffer. That is when the price moves the amount of the buffer value (in pips - normally 0.0001), a buy or sell trade will be automatically activated and the other pending trade automatically cancelled.

This type of trade can be placed on any timeframe chart and in the case of 3 above, the timeframe of the indicator being used would determine the chart timeframe.
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