AmazingEA: Straddle Trading Expert Advisor

OK so STWAN=12 is why the Buy Stop was deleted at 13 seconds but for your sell trade to take , your broker is using MetaTrader plugins specifically designed to block news trading and make it unprofitable. Luckily for you, you have been testing with tiny lotsizes.

Your broker is probably fine but I would open a non Fixed Spread account and do more testing.

Alan

On the Settings page for the EA there is a Load and Save button. When you save the settings MT4/5 creates a .SET file.

Question for you:- What type of account are you using - some kind of Spread Betting ? You are making points and on the GBPAUDe trade there was no LotSize ? Reply by PM if you like as I would like to make sure that the EA works properly with this type of Account. Even better, if you can send me some LogFiles, that would really be useful. Check the FAQ on the first post for exactly how to find your Logfiles as I updated the info recently.

If you use EventSetTimer and the OnTimer Event you don't need to wait for ticks to arrive anymore to process code in an EA allowing you to execute your logic at the second you specified. http://docs.mql4.com/eventfunctions/eventsettimer.

Guys,

I have about 100 or so bots trading for me. This is the best I have ever seen.

Thanks a GOOGLE ALAN...Looking forward to buying your dinner.

Thanks for the heads up.

After coding the MT5 version, I was thinking of modernizing the MT4 code. I'm already using OnTick() etc in the MT5 code. So my plan would be:-

1) Modernize the old style code in the MT4 version e.g. int start() becomes void OnTick()
2) Functionise the main processing in OnTick() and split the Time checking to a seperate function
3) Add OnTimer() function for managing the Time checking

Plenty to keep me busy !

4 consecutive days, including today, I made some pips with your EA. Again my fav pair for the EA, GBPAUD gave me some profits constantly. I'm using Amazing EA for 3 real acc and 3 demo acc. With ECN Exness (real) and Tickmill (real), this ea works without problems. HotForex Currenex, IC Markets and Exness-mini acc (all demo), too, I found no problems. But, HotForex micro acc (real), I had no profits at all. My orders always cancelled.
I think no need to send you PM, mate. Forgive me.
Here one of the necessary unsuccessful order LogFiles from HotForex Micro Acc (real) - News : AUD Retail Sales and Trade Balance

2015.06.04 04:29:41 Amazing Forex System Expert Advisor (MT4) v5.20 By Alan Prothero
2015.06.04 04:29:41 Opening BuyStop @ 1.99258, OrdersCondition=0
2015.06.04 04:29:44 OpenBuyStop, OrderSend Executed, @ 1.99258 SL @ 1.98888 TP @ 2.00158 ticket=-1
2015.06.04 04:29:44 Error Occurred : No error returned
2015.06.04 04:29:45 OpenBuyStop, OrderSend Executed, @ 1.99258 SL @ 1.98888 TP @ 2.00158 ticket=-1
2015.06.04 04:29:45 Error Occurred : No error returned
2015.06.04 04:29:46 OpenBuyStop, OrderSend Executed, @ 1.99258 SL @ 1.98888 TP @ 2.00158 ticket=-1
2015.06.04 04:29:46 Error Occurred : No error returned
2015.06.04 04:29:46 Opening SellStop @ 1.95028, OrdersCondition=0
2015.06.04 04:29:46 OpenSellStop, OrderSend Executed, @ 1.95028 SL @ 1.95398 TP @ 1.94128 ticket=-1
2015.06.04 04:29:46 Error Occurred : No error returned
2015.06.04 04:29:48 OpenSellStop, OrderSend Executed, @ 1.95028 SL @ 1.95398 TP @ 1.94128 ticket=-1
2015.06.04 04:29:48 Error Occurred : No error returned
2015.06.04 04:29:48 OpenSellStop, OrderSend Executed, @ 1.95028 SL @ 1.95398 TP @ 1.94128 ticket=-1
2015.06.04 04:29:48 Error Occurred : No error returned
2015.06.04 04:29:48 Amazing Forex System Expert Advisor (MT4) v5.20 By Alan Prothero
2015.06.04 04:29:48 Opening BuyStop @ 1.99263, OrdersCondition=0
2015.06.04 04:29:50 OpenBuyStop, OrderSend Executed, @ 1.99263 SL @ 1.98893 TP @ 2.00163 ticket=-1
2015.06.04 04:29:50 Error Occurred : No error returned
2015.06.04 04:29:51 OpenBuyStop, OrderSend Executed, @ 1.99263 SL @ 1.98893 TP @ 2.00163 ticket=-1
2015.06.04 04:29:51 Error Occurred : No error returned
2015.06.04 04:29:52 OpenBuyStop, OrderSend Executed, @ 1.99263 SL @ 1.98893 TP @ 2.00163 ticket=-1
2015.06.04 04:29:52 Error Occurred : No error returned
2015.06.04 04:29:52 Opening SellStop @ 1.95033, OrdersCondition=0
2015.06.04 04:29:54 OpenSellStop, OrderSend Executed, @ 1.95033 SL @ 1.95403 TP @ 1.94133 ticket=-1
2015.06.04 04:29:54 Error Occurred : No error returned
2015.06.04 04:29:56 OpenSellStop, OrderSend Executed, @ 1.95033 SL @ 1.95403 TP @ 1.94133 ticket=-1
2015.06.04 04:29:56 Error Occurred : No error returned
2015.06.04 04:29:57 OpenSellStop, OrderSend Executed, @ 1.95033 SL @ 1.95403 TP @ 1.94133 ticket=-1
2015.06.04 04:29:57 Error Occurred : No error returned
2015.06.04 04:29:57 Amazing Forex System Expert Advisor (MT4) v5.20 By Alan Prothero
2015.06.04 04:29:57 Opening BuyStop @ 1.97318, OrdersCondition=0
2015.06.04 04:29:57 OpenBuyStop, OrderSend Executed, @ 1.97318 SL @ 1.96948 TP @ 1.98218 ticket=-1
2015.06.04 04:29:57 Error Occurred : No error returned
2015.06.04 04:29:59 OpenBuyStop, OrderSend Executed, @ 1.97318 SL @ 1.96948 TP @ 1.98218 ticket=-1
2015.06.04 04:29:59 Error Occurred : No error returned
2015.06.04 04:29:59 OpenBuyStop, OrderSend Executed, @ 1.97318 SL @ 1.96948 TP @ 1.98218 ticket=-1
2015.06.04 04:29:59 Error Occurred : No error returned
2015.06.04 04:29:59 Opening SellStop @ 1.97088, OrdersCondition=0
2015.06.04 04:30:01 OpenSellStop, OrderSend Executed, @ 1.97088 SL @ 1.97458 TP @ 1.96188 ticket=31570936
2015.06.04 04:30:01 Modifying Orders, OrdersCondition=0
2015.06.04 04:30:17 Deleting SellStop because STWAN expired, OrdersCondition=1
2015.06.04 04:30:19 DeleteSellStop, OrderDelete Executed

Yesterday, AUD-GDP and GBP-Services PMI, unsuccessful orders. I set STWAN = 16 but still cancelled. Works with other brokers (STWAN=15 or 16)

2015.06.03 04:29:41 Amazing Forex System Expert Advisor (MT4) v5.20 By Alan Prothero
2015.06.03 04:29:41 Opening BuyStop @ 1.99464, OrdersCondition=0
2015.06.03 04:29:42 OpenBuyStop, OrderSend Executed, @ 1.99464 SL @ 1.99094 TP @ 2.00364 ticket=-1
2015.06.03 04:29:42 Error Occurred : No error returned
2015.06.03 04:29:42 OpenBuyStop, OrderSend Executed, @ 1.99464 SL @ 1.99094 TP @ 2.00364 ticket=-1
2015.06.03 04:29:42 Error Occurred : No error returned
2015.06.03 04:29:43 OpenBuyStop, OrderSend Executed, @ 1.99464 SL @ 1.99094 TP @ 2.00364 ticket=-1
2015.06.03 04:29:43 Error Occurred : No error returned
2015.06.03 04:29:43 Opening SellStop @ 1.95234, OrdersCondition=0
2015.06.03 04:29:43 OpenSellStop, OrderSend Executed, @ 1.95234 SL @ 1.95604 TP @ 1.94334 ticket=-1
2015.06.03 04:29:43 Error Occurred : No error returned
2015.06.03 04:29:45 OpenSellStop, OrderSend Executed, @ 1.95234 SL @ 1.95604 TP @ 1.94334 ticket=-1
2015.06.03 04:29:45 Error Occurred : No error returned
2015.06.03 04:29:45 OpenSellStop, OrderSend Executed, @ 1.95234 SL @ 1.95604 TP @ 1.94334 ticket=-1
2015.06.03 04:29:45 Error Occurred : No error returned
2015.06.03 04:29:45 Amazing Forex System Expert Advisor (MT4) v5.20 By Alan Prothero
2015.06.03 04:29:45 Opening BuyStop @ 1.99467, OrdersCondition=0
2015.06.03 04:29:47 OpenBuyStop, OrderSend Executed, @ 1.99467 SL @ 1.99097 TP @ 2.00367 ticket=-1
2015.06.03 04:29:47 Error Occurred : No error returned
2015.06.03 04:29:47 OpenBuyStop, OrderSend Executed, @ 1.99467 SL @ 1.99097 TP @ 2.00367 ticket=-1
2015.06.03 04:29:47 Error Occurred : No error returned
2015.06.03 04:29:48 OpenBuyStop, OrderSend Executed, @ 1.99467 SL @ 1.99097 TP @ 2.00367 ticket=-1
2015.06.03 04:29:48 Error Occurred : No error returned
2015.06.03 04:29:48 Opening SellStop @ 1.95237, OrdersCondition=0
2015.06.03 04:29:49 OpenSellStop, OrderSend Executed, @ 1.95237 SL @ 1.95607 TP @ 1.94337 ticket=-1
2015.06.03 04:29:49 Error Occurred : No error returned
2015.06.03 04:29:49 OpenSellStop, OrderSend Executed, @ 1.95237 SL @ 1.95607 TP @ 1.94337 ticket=-1
2015.06.03 04:29:49 Error Occurred : No error returned
2015.06.03 04:29:50 OpenSellStop, OrderSend Executed, @ 1.95237 SL @ 1.95607 TP @ 1.94337 ticket=-1
2015.06.03 04:29:50 Error Occurred : No error returned
2015.06.03 04:29:50 Amazing Forex System Expert Advisor (MT4) v5.20 By Alan Prothero
2015.06.03 04:29:50 Opening BuyStop @ 1.99448, OrdersCondition=0
2015.06.03 04:29:51 OpenBuyStop, OrderSend Executed, @ 1.99448 SL @ 1.99078 TP @ 2.00348 ticket=-1
2015.06.03 04:29:51 Error Occurred : No error returned
2015.06.03 04:29:52 OpenBuyStop, OrderSend Executed, @ 1.99448 SL @ 1.99078 TP @ 2.00348 ticket=-1
2015.06.03 04:29:52 Error Occurred : No error returned
2015.06.03 04:29:52 OpenBuyStop, OrderSend Executed, @ 1.99448 SL @ 1.99078 TP @ 2.00348 ticket=-1
2015.06.03 04:29:52 Error Occurred : No error returned
2015.06.03 04:29:52 Opening SellStop @ 1.95218, OrdersCondition=0
2015.06.03 04:29:53 OpenSellStop, OrderSend Executed, @ 1.95218 SL @ 1.95588 TP @ 1.94318 ticket=-1
2015.06.03 04:29:53 Error Occurred : No error returned
2015.06.03 04:29:54 OpenSellStop, OrderSend Executed, @ 1.95218 SL @ 1.95588 TP @ 1.94318 ticket=-1
2015.06.03 04:29:54 Error Occurred : No error returned
2015.06.03 04:29:54 OpenSellStop, OrderSend Executed, @ 1.95218 SL @ 1.95588 TP @ 1.94318 ticket=-1
2015.06.03 04:29:54 Error Occurred : No error returned
2015.06.03 04:29:54 Amazing Forex System Expert Advisor (MT4) v5.20 By Alan Prothero
2015.06.03 04:29:54 Opening BuyStop @ 1.99454, OrdersCondition=0
2015.06.03 04:29:56 OpenBuyStop, OrderSend Executed, @ 1.99454 SL @ 1.99084 TP @ 2.00354 ticket=-1
2015.06.03 04:29:56 Error Occurred : No error returned
2015.06.03 04:29:57 OpenBuyStop, OrderSend Executed, @ 1.99454 SL @ 1.99084 TP @ 2.00354 ticket=-1
2015.06.03 04:29:57 Error Occurred : No error returned
2015.06.03 04:29:58 OpenBuyStop, OrderSend Executed, @ 1.99454 SL @ 1.99084 TP @ 2.00354 ticket=-1
2015.06.03 04:29:58 Error Occurred : No error returned
2015.06.03 04:29:58 Opening SellStop @ 1.95224, OrdersCondition=0
2015.06.03 04:29:58 OpenSellStop, OrderSend Executed, @ 1.95224 SL @ 1.95594 TP @ 1.94324 ticket=-1
2015.06.03 04:29:58 Error Occurred : No error returned
2015.06.03 04:30:00 OpenSellStop, OrderSend Executed, @ 1.95224 SL @ 1.95594 TP @ 1.94324 ticket=-1
2015.06.03 04:30:00 Error Occurred : No error returned
2015.06.03 04:30:01 OpenSellStop, OrderSend Executed, @ 1.95224 SL @ 1.95594 TP @ 1.94324 ticket=31527370
2015.06.03 04:30:16 Deleting SellStop because STWAN expired, OrdersCondition=1
2015.06.03 04:30:16 DeleteSellStop, OrderDelete Executed
2015.06.03 11:29:43 Amazing Forex System Expert Advisor (MT4) v5.20 By Alan Prothero
2015.06.03 11:29:43 Opening BuyStop @ 1.99193, OrdersCondition=0
2015.06.03 11:29:50 OpenBuyStop, OrderSend Executed, @ 1.99193 SL @ 1.98843 TP @ 2.00093 ticket=-1
2015.06.03 11:29:50 Error Occurred : No error returned
2015.06.03 11:29:51 OpenBuyStop, OrderSend Executed, @ 1.99193 SL @ 1.98843 TP @ 2.00093 ticket=-1
2015.06.03 11:29:51 Error Occurred : No error returned
2015.06.03 11:29:52 OpenBuyStop, OrderSend Executed, @ 1.99193 SL @ 1.98843 TP @ 2.00093 ticket=-1
2015.06.03 11:29:52 Error Occurred : No error returned
2015.06.03 11:29:52 Opening SellStop @ 1.94983, OrdersCondition=0
2015.06.03 11:29:52 OpenSellStop, OrderSend Executed, @ 1.94983 SL @ 1.95333 TP @ 1.94083 ticket=-1
2015.06.03 11:29:52 Error Occurred : No error returned
2015.06.03 11:29:54 OpenSellStop, OrderSend Executed, @ 1.94983 SL @ 1.95333 TP @ 1.94083 ticket=-1
2015.06.03 11:29:54 Error Occurred : No error returned
2015.06.03 11:29:54 OpenSellStop, OrderSend Executed, @ 1.94983 SL @ 1.95333 TP @ 1.94083 ticket=-1
2015.06.03 11:29:54 Error Occurred : No error returned
2015.06.03 11:29:57 Amazing Forex System Expert Advisor (MT4) v5.20 By Alan Prothero
2015.06.03 11:29:57 Opening BuyStop @ 1.97196, OrdersCondition=0
2015.06.03 11:29:57 OpenBuyStop, OrderSend Executed, @ 1.97196 SL @ 1.96826 TP @ 1.98096 ticket=-1
2015.06.03 11:29:57 Error Occurred : No error returned
2015.06.03 11:30:02 OpenBuyStop, OrderSend Executed, @ 1.97196 SL @ 1.96826 TP @ 1.98096 ticket=31539044
2015.06.03 11:30:02 Opening SellStop @ 1.96966, OrdersCondition=0
2015.06.03 11:30:02 OpenSellStop, OrderSend Executed, @ 1.96966 SL @ 1.97336 TP @ 1.96066 ticket=-1
2015.06.03 11:30:02 Error Occurred : No error returned
2015.06.03 11:30:02 OpenSellStop, OrderSend Executed, @ 1.96966 SL @ 1.97336 TP @ 1.96066 ticket=-1
2015.06.03 11:30:02 Error Occurred : No error returned
2015.06.03 11:30:02 OpenSellStop, OrderSend Executed, @ 1.96966 SL @ 1.97336 TP @ 1.96066 ticket=-1
2015.06.03 11:30:02 Error Occurred : No error returned
2015.06.03 11:30:02 Modifying Orders, OrdersCondition=0
2015.06.03 11:30:23 Deleting BuyStop because STWAN expired, OrdersCondition=10
2015.06.03 11:30:27 DeleteBuyStop, OrderDelete Executed

My fellow traders, try this EA and you'll find that you don't waste your time and energy for nothing. You'll meet some losses maybe but finally you'll find this ea is really amazing

Here last night result, CAD Trade Balance with GBPCAD

I wrote a reply to this but somehow it wasn't posted. Anyway on the Parameters page, there is a Load and Save button, so you can save your settings in a .SET file and quickly call them up again. So even if your favorite settings are not the defaults, save them in a .SET file. The .SET file goes in the Presets directory.

Glad the EA is working for you.

Hi Alan,

I really would like to look at your trades strategy. You will saying something on Twitter. I would follow any time.
Cheers

wow! Bad luck with NFP

straddle trade had an entry slip of 52.2 pips, slip check took me out @ almost 0 pips

FNG had same entry as straddle, but a retrace within news candle took me out @ BE, with an exit slip of 2.9 pips

Ended up with a minute loss outta such a BIG move

Wow dude. I'm impressed that SlipCheck worked so well for you. I never got feedback for it before.

I got a buy in AUDUSD which with Slippage cost me 2 times my usual Risk.

But my sell in AUDUSD is going well. Got a buy in CADJPY but I'm not sure about keeping it right now.

WHAT DOES INVALID STOPS error mean. the ea could not delete any of the pending orders untill both of them was hit and loss.
2015.06.05 15:29:51 Sell Stop was @ 1.53071, changed to 1.53123
2015.06.05 15:29:51 Error Occurred : Invalid stops
2015.06.05 15:29:51 Buy Stop was @ 1.53255, changed to 1.53307
2015.06.05 15:29:51 Modifying Orders, OrdersCondition=11
2015.06.05 15:29:51 Buy Stop was @ 1.53307, changed to 1.53251
2015.06.05 15:29:52 Modifying Orders, OrdersCondition=11
2015.06.05 15:29:53 Modifying Orders, OrdersCondition=11
2015.06.05 15:29:53 Sell Stop was @ 1.53071, changed to 1.53084
2015.06.05 15:29:53 Buy Stop was @ 1.53251, changed to 1.53268
2015.06.05 15:29:53 Modifying Orders, OrdersCondition=11
2015.06.05 15:29:54 Modifying Orders, OrdersCondition=11
2015.06.05 15:29:54 Modifying Orders, OrdersCondition=11
2015.06.05 15:29:55 Modifying Orders, OrdersCondition=11
2015.06.05 15:29:55 Sell Stop was @ 1.53084, changed to 1.53106
2015.06.05 15:29:55 Buy Stop was @ 1.53268, changed to 1.53290
2015.06.05 15:29:55 Error Occurred : Invalid stops
2015.06.05 15:29:55 Modifying Orders, OrdersCondition=11
2015.06.05 15:29:55 Sell Stop was @ 1.53106, changed to 1.53149

OK out of AUDUSD near 0.76 for about 60 pips which nearly makes up for my disaster AUDUSD Buy earlier.

and still in CADJPY Buy. Luckily Oil has bounced and stellar CAD jobs is supporting CAD. Notice how USDCAD has almost reversed earlier gains.

If you are shorting AUDUSD or commodities currencies, I'd be careful of Reversals right now.

Invalid Stops means the EA is trying to adjust the SL and TP but the Server thinks the distance to SL and TP is too small. The EA code checks the Minimum Distance for Stops so this error should not be happening. By the way the EA was not attempting to delete the orders.....

Whipsaws happen sometimes, especially during NFP.

Hey Alan

Because I work ridiculous hours, in order to do any Forex trading I need an EA running on a virtual server trading for me.
But because I can't be there to watch it trade, I have to do back tests to understand how it works.

I presume that the problem with back testing this EA is that you are working with 1 minute candles rather than ticks as they come in, so a lot of the timing variables don't get to activate properly.

I'm guessing this is why all my orders remain 2080 points apart and never trigger.

...unless I've missed something.


Ideally I'm trying to get a mental timeline of the stages that this EA goes through as it approaches and then passes the News Event.

Yep, Backtesting it is awkward for that reason. If you want to see how it trades, use a low volume like 0.01 lots and set it up for a News Event in advance. You can even set it up days in advance using the Date Parameters - ignore the message 'Expert is disabled' as the EA activates on the day of the trade.

With PointsAway=80 and PointsGap=2000
SecBPO=30:- 30 seconds before News create Stop Orders, PointsAway=2080
SecBAO=15:- 15 seconds before, move them close to current price, PointsAway=80
Orders are moving and tracking current price, (varying between 70 and 90 Points away if ModifyGap=10)
SecBMO=5:- 5 seconds before News the Orders stop moving
Orders sit waiting to be triggered
OCO=true. If an Order triggers, other is Deleted
STWAN=5:- At 5 seconds after news any remaining orders are deleted

There is a lot of logging data available so you can do this and check the results later.

Brilliant! Thank you.

I still have a long way to go before I understand the programming of EAs, so that timeline makes things a lot easier.

Now all I need to do is learn which "High Impact" News events are actually going to be worth testing on!

is this still working?? i tried it but no order opened

NZD Cash Rate 10-Jun-2015
FNG only

Can you tell us your broker? Thanks.