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AmazingEA: Straddle Trading Expert Advisor

  • #81
  • Jun 10, 2015 7:06pm Jun 10, 2015 7:06pm
Quoting Alan111S
GBP Manufacturing PMI Results - 52 pips {image} In case you're wondering, I used Fibonacci extensions to work out TP (38% pull back gives 161% extension) and then given it was around 1.52 I set it above the round number at 1.5205 which also allows for a bit of spread + a couple of pips. Actually it would have made it to 161.8% at 1.5196.
what broker did you trade with sir?
may i know that?
  • #82
  • Jun 10, 2015 8:36pm Jun 10, 2015 8:36pm
Quoting wakeel86
NZD Cash Rate 10-Jun-2015 FNG only {image}
could u tell me what ur setting for this ea?? bcause mine didnt place any pending order... and all my ea news didnt work anymore since mt4 updated..
  • #83
  • Jun 10, 2015 8:55pm Jun 10, 2015 8:55pm
hello Alan, caould u please make this news ea?
I ve been using this ea for month.. this is good ea for news...but it didnt work anymore since mt4 updated.. and unfortunatelly i dont hve the .mql file.
the ea will open buy and sell at the same time 5 minutes before news and place stop loss 5 pips.. ea will automatically change the stop lose if price going up or down.... until news time release... when news release the SL stop changing ... so the price hit SL after news release (buy/sell will hit SL but the other still going profit until hit TP or trailing stop)

Input will be like this:
Attached Image


this is the original ea i hope some one can decompile it
Attached File(s)
File Type: ex4 hedging_news_gh.ex4   12 KB | 573 downloads
  • #84
  • Jun 10, 2015 8:57pm Jun 10, 2015 8:57pm
Quoting johan4292
{quote} could u tell me what ur setting for this ea?? bcause mine didnt place any pending order... and all my ea news didnt work anymore since mt4 updated..
Mine didn't either. I have no idea why. The TICKs file was written to upto 23:59:57. It may be that many brokers restart their servers at 00:00:00 Broker Time. That is also when they send Statements out, so the brokers may disable trading for a short period. NZDUSD trades are awkward to trade at that time.

If you are having trouble getting the EA to work I suggest the following:-

Use default values. Set the news time for one minute from now. Set Pointsaway to 500. No way these trades will activate accidentally.
Watch the trades get created and deleted 5 seconds after.

If absolutely nothing happens, check with your broker. I once had an account where they disabled all EA use.

PS when you say updated, were you on a really old MT4 before like pre Build 600. If so the FAQ talks about what has changed since Build 600 - I suggest you read it and check the Troubleshooting steps

Alan
  • #85
  • Jun 10, 2015 8:59pm Jun 10, 2015 8:59pm
AUD Empl Ch 11-Jun-2015

Attached Image (click to enlarge)
Click to Enlarge Name: AUD Empl Ch 11-Jun-2015.PNG Size: 8 KB
  • #86
  • Jun 10, 2015 9:03pm Jun 10, 2015 9:03pm
Quoting johan4292
{quote} could u tell me what ur setting for this ea?? bcause mine didnt place any pending order... and all my ea news didnt work anymore since mt4 updated..
As stated, didn't straddle the trade, I don't straddle interest rate news. Used an autoclick software called FNG
  • #87
  • Jun 10, 2015 9:22pm Jun 10, 2015 9:22pm
Quoting wakeel86
{quote} As stated, didn't straddle the trade, I don't straddle interest rate news. Used an autoclick software called FNG
is that free?
  • #88
  • Jun 10, 2015 9:30pm Jun 10, 2015 9:30pm
Quoting wakeel86
{quote} As stated, didn't straddle the trade, I don't straddle interest rate news. Used an autoclick software called FNG
Hey Wakeel

I do the same except my broker had a major freeze issue during the NZD rate news. I also use a dashboard EA to trade multiple currencies to reduce risk and manage my positions (equity locks, equity stop losses etc). Quite handy using a mixture of the FNG and the awesome EA. Still trying to work out which news releases work best with which software. Do you have any advise on how you choose which one to use?

Even though I got in late to the NZD rate news still managed to pull out 50 pips, then did another 80 pips on the AUD employment change. Now just wait to see if there are any opportunities at the start of the London session and then USD core retail sales. Busy day for what has been a pretty quite week thus far.

Happy PIP hunting people
Attached Image (click to enlarge)
Click to Enlarge Name: 110615.JPG Size: 111 KB
'Stability breeds Instability' Hyman Minsky
  • #89
  • Jun 10, 2015 9:32pm Jun 10, 2015 9:32pm
Quoting johan4292
{quote} is that free?
Yep, sure is.
http://www.forexpeacearmy.com/forex-...13-2015-a.html
If you look around on this thread you should find all the information you require
'Stability breeds Instability' Hyman Minsky
  • #90
  • Jun 10, 2015 9:37pm Jun 10, 2015 9:37pm
Quoting johan4292
{quote} is that free?

Sure. You can do a search on ForexPeaceArmy.com

Forex News Gun (FNG) by Peter O.
  • #91
  • Jun 10, 2015 10:09pm Jun 10, 2015 10:09pm
Quoting ALFtrade
{quote} Hey Wakeel I do the same except my broker had a major freeze issue during the NZD rate news. I also use a dashboard EA to trade multiple currencies to reduce risk and manage my positions (equity locks, equity stop losses etc). Quite handy using a mixture of the FNG and the awesome EA. Still trying to work out which news releases work best with which software. Do you have any advise on how you choose which one to use? Even though I got in late to the NZD rate news still managed to pull out 50 pips, then did another 80 pips on the AUD employment...
Well, I don't straddle rate news, so I run FNG only.


As for the other news, I skip FNG whenever any of the 3 currencies I trade hit overbought on CurrencyStrengthMeter (RED). Run only straddle


I don't straddle NZD employment change, since the unemployment rate also has an effect on the spike as well.


USD Advanced GDP (1st) : only straddle


Every other, I basically run both
  • #92
  • Jun 10, 2015 10:28pm Jun 10, 2015 10:28pm
Quoting wakeel86
{quote} Well, I don't straddle rate news, so I run FNG only. As for the other news, I skip FNG whenever any of the 3 currencies I trade hit overbought on CurrencyStrengthMeter (RED). Run only straddle I don't straddle NZD employment change, since the unemployment rate also has an effect on the spike as well. USD Advanced GDP (1st) : only straddle Every other, I basically run both
Thanks much appreciated
'Stability breeds Instability' Hyman Minsky
  • #93
  • Jun 10, 2015 11:18pm Jun 10, 2015 11:18pm
I've set my MaxSpread to 10, my broker spread was around 12, my NZDUSD for rates didn't trigger, anybody else has the same problem?
  • #94
  • Jun 11, 2015 1:20am Jun 11, 2015 1:20am
No one answering my question about broker.please help us sir
  • #95
  • Jun 11, 2015 1:21am Jun 11, 2015 1:21am
hello alan,can you make an EA which is :

- auto place stop loss
- modify stop loss untill news release [keep the stop loss in range,not trailing stop loss]
  • #96
  • Jun 11, 2015 2:52am Jun 11, 2015 2:52am
Hi Alan,

While backtesting with Amazing EA I could enter 00:00 for this NZD trade, I've changed another time for like 23:59 NSec:40, in order for it to work, any idea?
  • #97
  • Jun 11, 2015 10:29am Jun 11, 2015 10:29am
Hello guys, I'm looking for an expert advisor for orders pending grid, any of you could share? or tell me where I can find?
  • #98
  • Jun 16, 2015 4:53am Jun 16, 2015 4:53am
Quoting Alan111S
{quote} Mine didn't either. I have no idea why. The TICKs file was written to upto 23:59:57. It may be that many brokers restart their servers at 00:00:00 Broker Time. That is also when they send Statements out, so the brokers may disable trading for a short period. NZDUSD trades are awkward to trade at that time. If you are having trouble getting the EA to work I suggest the following:- Use default values. Set the news time for one minute from now. Set Pointsaway to 500. No way these trades will activate accidentally. Watch the trades get created...
Dear Alan,

Thank you for this wonderful EA!
Have been testing this on a live account for the last 1 month with great results! All thanks to you!

But, today unfortunately while trading the UK CPI i faced big losses!
Orders in both the directions were triggered almost instantly and some trades were triggered at 11:29:58 itself (my broker server time)
So, just trying to figure out what went wrong!

I am using the following settings please share your valuable inputs on the changes are required:

PointsAway=80
PointsGap=2000
ModifyGap=10
TP=1000
SL=200
NYear=2015
NMonth=6
NDay=16
NHour=11
NMin=30
NSec=0
CTCBN=0
SecBPO=20
SecBAO=5
SecBMO=0
STWAN=60
OCO=false
BEPoints=100
BEOffset=10
TrailPoints=200
TrailOffset=50
TrailImmediate=false
MM=true
RiskPercent=2.0
Lots=0.1
MaxSpread=200
AddSpreadToSL=true
SlipCheck=true
MaxSlippage=200
AllowBuys=true
AllowSells=true
UseBrokerTime=true
DeleteOnShutdown=false

Also, can you please please share your best settings .set files for the benefit of everyone here!
  • #99
  • Jun 16, 2015 6:38am Jun 16, 2015 6:38am
I had a whipsaw on UK CPI too. I've attached my settings.

PointsAway=100
PointsGap=0
ModifyGap=10
TP=1000
SL=300
NYear=0
NMonth=0
NDay=0
NHour=11
NMin=30
NSec=0
CTCBN=0
SecBPO=10
SecBAO=10
SecBMO=0
STWAN=3600
OCO=false
BEPoints=0
BEOffset=0
TrailPoints=0
TrailOffset=0
TrailImmediate=false
MM=true
RiskPercent=0.5
Lots=0.1
MaxSpread=0
AddSpreadToSL=true
SlipCheck=false
MaxSlippage=0
AllowBuys=true
AllowSells=true
UseBrokerTime=true
DeleteOnShutdown=false
TradeLog=AmazingEA


Attached Image


So I had a Buy initially from 1.56 which I closed manually for a loss at 1.5577. I was trying to get the highest retracement price.
I was also watching a Sell at 1.5571. I was hedged for a really short time. When the Sell bounced at 1.5555, I closed it at BE and I setup a Buy Stop again for the original Buy at 1.5577. It's doing quite well actually. I'm targeting 1.5670.

Alan
  • #100
  • Jun 16, 2015 8:20am Jun 16, 2015 8:20am
For those asking me about Brokers I added a question to the FAQ in the First Post.

Tomorrow I will be releasing Version 6 with Timers added so it doesn't wait for Price Ticks to run ......
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