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Attachments: Straddle trading EA
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Straddle trading EA

  • #61
  • Aug 15, 2006 11:32pm Aug 15, 2006 11:32pm
Quoting jmw
For some reason, when I try to run amazing ea, it will set the orders then stop. The ea doesn't continue to run in mt4. Any ideas?
Take a look at the AmazingEA specific log file which you can find here:
\experts\files folder

You may also want to look in the Experts tab on the opened MT4 platform.

TimeFreedom
  • #62
  • Aug 16, 2006 2:46am Aug 16, 2006 2:46am
<table class="tborder" style="margin-top: 12px;" align="center" border="0" cellpadding="3" cellspacing="0" width="100%"><thead><tr><td class="alt2">8:30am GMT
</td> <td class="alt2" align="center">UK</td> <td class="alt2">BOE Meeting Minutes</td></tr></thead></table>
  • #63
  • Edited 5:15am Aug 16, 2006 4:17am | Edited 5:15am
h=iHigh(NULL,PERIOD_M1,0);
l=iLow(NULL,PERIOD_M1,0);
for (i=1;i<=CTCBN;i++) if (iHigh(NULL,PERIOD_M1,i)>h) h=iHigh(NULL,PERIOD_M1,i);
for (i=1;i<=CTCBN;i++) if (iLow(NULL,PERIOD_M1,i)<l) l="iLow(NULL,PERIOD_M1,i);<br"> sp=Ask-Bid;
ho=h+sp+(10)*Point;
lo=l-(10)*Point;
hso=h+sp;
lso=l;
htp=ho+TP*Point;
ltp=lo-TP*Point;

--------------------------------------------------------------------------------

Code does not include spread (sp) for Sell Order: lo=l-(10)*Point; and</l)> lso=l;<l) l="iLow(NULL,PERIOD_M1,i);<br">
Code does include spread (sp) in Buy Order: ho=h+sp+(10)*Point; and </l)> hso=h+sp;<l) l="iLow(NULL,PERIOD_M1,i);<br">

We should revise the following Sell Order code to read:
</l)> lo=l-sp-(10)*Point;
lso=l-sp;

<l) l="iLow(NULL,PERIOD_M1,i);<br">Note: The attached AmazingEA is the original without Flint's option for dynamic pips away from from price code. Only changes made is adding spread on Sell Order.

TimeFreedom



<l) l="iLow(NULL,PERIOD_M1,i);<br"></l)></l)>
Attached File(s)
File Type: mq4 AmazingEA-1.1.7.mq4   21 KB | 1,264 downloads
  • #64
  • Aug 16, 2006 4:20am Aug 16, 2006 4:20am
is that the correction you have posted ?

i ran the ea for UK news, and had no probs. straddle for boe UK news didnt work well for me, -15.
  • #65
  • Aug 16, 2006 9:06am Aug 16, 2006 9:06am
Quoting amaruenterprise
Doesn't the Amazing Ea that TimeFreedom posted work something like that saunga2nd3 ???
amaruenterprise,

You're right.
  • #66
  • Aug 16, 2006 9:18am Aug 16, 2006 9:18am
Quoting TimeFreedom
Saunga2and3/Amaruenterprise,

AmazingEA Input Variable:
extern int SecBMO=0; // Seconds Before News Which EA Will Stop Modifying Orders

The external variable SecBMO determines how many seconds before news release will EA stop modifying orders. This setting will keep the Stop Orders from being hit prematurely.

TimeFreedom
TimeFreedom,

Thanks for your reply.

I was wondering if sombody could make the stoploss separate. Right now it seems to add one based on the # of pips away from the price. I lost a trade because of volatility. I had a 5 pip straddle, therefor it placed a stoploss of 5 pips. Can anybody help with this??

Thanks in advance
  • #67
  • Edited 12:45pm Aug 16, 2006 9:19am | Edited 12:45pm
Quoting TimeFreedom
h=iHigh(NULL,PERIOD_M1,0);
l=iLow(NULL,PERIOD_M1,0);
for (i=1;i<=CTCBN;i++) if (iHigh(NULL,PERIOD_M1,i)>h) h=iHigh(NULL,PERIOD_M1,i);
for (i=1;i<=CTCBN;i++) if (iLow(NULL,PERIOD_M1,i)<l) l="iLow(NULL,PERIOD_M1,i);<br"> sp=Ask-Bid;
ho=h+sp+(10)*Point;
lo=l-(10)*Point;
hso=h+sp;
lso=l;
htp=ho+TP*Point;
ltp=lo-TP*Point;

--------------------------------------------------------------------------------

Code does not include spread (sp) for Sell Order: lo=l-(10)*Point; and</l)> lso=l;<l) l="iLow(NULL,PERIOD_M1,i);<br">
Code does include spread (sp) in Buy Order: ho=h+sp+(10)*Point; and </l)> hso=h+sp;<l) l="iLow(NULL,PERIOD_M1,i);<br">

We should revise the following Sell Order code to read:
</l)> lo=l-sp-(10)*Point;
lso=l-sp;

<l) l="iLow(NULL,PERIOD_M1,i);<br">Note: The attached AmazingEA is the original without Flint's option for dynamic pips away from from price code. Only changes made is adding spread on Sell Order.

TimeFreedom



<l) l="iLow(NULL,PERIOD_M1,i);<br"></l)></l)>
TimeFreedom,

I think sell orders already have the spread included on mt4. Buy orders do not have it. That's probably why it was coded that way. The EA was working fine for me as far as the spread is concerned.

Edit: No, I think is the other way around. Short positions do not include spread on mt4. Sorry.
  • #68
  • Aug 16, 2006 11:42am Aug 16, 2006 11:42am
Quoting peterdxb
is that the correction you have posted ?

i ran the ea for UK news, and had no probs. straddle for boe UK news didnt work well for me, -15.
Peter, the UK BoE created a minor spike - no straddle strategy can make you win in that case unless of course you set your PL to just 2 pips.

Loosing 15 pips is minimal compared to other people loosing 20s..

But you should know that you should set the least for SL - 10 is the best number. No need to increase SL - what were you expecting? give it room to maneuver? or room to eat your money? Straddling implies that the price will surge strongly. If there is no strong surge, its called a dud and if you entered near it, you'd get a loss.
  • #69
  • Aug 16, 2006 11:45am Aug 16, 2006 11:45am
Hi Branac and TimeFreedom,

I'm new to this and a little confused. What EA are we working on here - Straddle or Amazing? I downloaded Straddle and tried this AM on the US CPI and I couldn't get it to attach. I did already have another positon open in the same pair (GBPUSD).

With regard to AmazingEA. I don't know what CTCBN, SecBPO, SecBMO, STWAN, and OCO mean. Is this EA one that you can set for a specific time to trade the news so you don't have to be in front of your computer at the time (like early am or out of office)?

About Straddle - How will Straddle perform if in the first minute of an news announcement price gaps? Will it miss putting in the order if price shoots over the order with a wide gap? Interbank sent out an email before NFP last time saying that even orders placed before the news could miss the entry point close to the beginning and actually enter above the gap.
Thanks
  • #70
  • Aug 16, 2006 12:02pm Aug 16, 2006 12:02pm
Straddle EA by Branac and Amazing EA by TimeFreedom are two different EAs. Make sure to have your EA active for live trading - I missed the PPI yesterday because I forgot to enable that. Likewise, there is a bug with Branac's EA, for some wierd reason, it wont activate due mainly to the time function - refer to my fix to fix it.

I havent tried AmazingEA on live account to know how it works - but I think this one got more features like traling stops etc...
  • #71
  • Aug 16, 2006 12:40pm Aug 16, 2006 12:40pm
Hello BurgerKing, i came across this thread just last night and i downloded the AmazingEa, and thought i'll try it, i have mq4 programmin knowledge, so went through the code to get an understanding as to how and wat it does.

This morning i tried the EA on my demo account for UK BOE, this resulted in -15pips, and i know that this move was pretty normal, no compalints there.

Then i was satisfied that the EA is doin exactly as its suppose to do. So for US CPI, i put this EA for my Live account, and amazingly EA at precise time triggerd the stop orders, and i got 50pip profit .

This is really amazing EA. Thanks to everyone on this thread for this wonderfull work.
  • #72
  • Aug 16, 2006 1:04pm Aug 16, 2006 1:04pm
hey guys. i currently use oanda, and have been straddling manually, but id love to be able to sleep and have this make $ for me.

what brokerage do you guys use? usually it seems that brokers that use metatrader are smaller outfits and not as reliable so im scared of slippage.

can we also get a poll of

- what pair you straddle trade
- the straddle size you use
- your SL
- yourr TP
- the amount of time you place your order before the news?
  • #73
  • Aug 16, 2006 1:12pm Aug 16, 2006 1:12pm
Quoting peterdxb
Hello BurgerKing, i came across this thread just last night and i downloded the AmazingEa, and thought i'll try it, i have mq4 programmin knowledge, so went through the code to get an understanding as to how and wat it does.

This morning i tried the EA on my demo account for UK BOE, this resulted in -15pips, and i know that this move was pretty normal, no compalints there.

Then i was satisfied that the EA is doin exactly as its suppose to do. So for US CPI, i put this EA for my Live account, and amazingly EA at precise time triggerd the stop orders, and i got 50pip profit .

This is really amazing EA. Thanks to everyone on this thread for this wonderfull work.
peterdxb,

-15pips, that's what happened to me at 8:30am est because of the stoploss. I had a straddle of 5pips and the ea will match it automatically with a stoploss of 5pips. On that particular trade a 10pip stoploss would have worked better. It'd be nice to have a stoploss that you can change. Other than that it's a very nice ea.
  • #74
  • Aug 16, 2006 2:31pm Aug 16, 2006 2:31pm
Quoting saunga2nd3
TimeFreedom,

I think sell orders already have the spread included on mt4. Buy orders do not have it. That's probably why it was coded that way. The EA was working fine for me as far as the spread is concerned.

Edit: No, I think is the other way around. Short positions do not include spread on mt4. Sorry.
Saunga2nd3,

Can you confirm that MT4 Sell orders don't need spread included? I don't see how that would make any sense. Why in one direction your spread is added to the Stop Order and on another it isn't. Can somone clarify this MT4 Stop Order and spread situation?

TimeFreedom
  • #75
  • Aug 16, 2006 3:03pm Aug 16, 2006 3:03pm
Quoting clam61
hey guys. i currently use oanda, and have been straddling manually, but id love to be able to sleep and have this make $ for me.

what brokerage do you guys use? usually it seems that brokers that use metatrader are smaller outfits and not as reliable so im scared of slippage.

can we also get a poll of

- what pair you straddle trade
- the straddle size you use
- your SL
- yourr TP
- the amount of time you place your order before the news?
InterbankFX
straddle GBPUSD or EURUSD
size = 1 mini lot
SL= 10 or 15 depending on spread
TP= let it ride
time before = depends on the type of news, consensus expectations and pre-event volatility

Can anybody explain the appreviations in the AmazingEA inputs?
Thanks,
  • #76
  • Aug 16, 2006 3:04pm Aug 16, 2006 3:04pm
Quoting TimeFreedom
Saunga2nd3,

Can you confirm that MT4 Sell orders don't need spread included? I don't see how that would make any sense. Why in one direction your spread is added to the Stop Order and on another it isn't. Can somone clarify this MT4 Stop Order and spread situation?

TimeFreedom
thats because the last price you see on the MT4 is the bid therefore when going long you need to adjust for the spread.
  • #77
  • Edited 4:48pm Aug 16, 2006 3:21pm | Edited 4:48pm
Quoting KudzuFX
InterbankFX
straddle GBPUSD or EURUSD
size = 1 mini lot
SL= 10 or 15 depending on spread
TP= let it ride
time before = depends on the type of news, consensus expectations and pre-event volatility

Can anybody explain the appreviations in the AmazingEA inputs?
Thanks,
Hi KudzuFX,

CTCBN = Numbers Candles to check Before News For determining High & Lows , when it is 1 it check 2 candles the current candle and the 1 last one

SecBPO = Seconds Before News Which EA Will Place Pending Orders

SecBMO = Seconds Before News Which EA Will Stop Modifying Orders

STWAN = Seconds To Wait After News to Delete Pending Orders

OCO = One Cancel The Other , will cancel the other pending order if one of them is hit

BEPips = Pips In profit which EA will Move SL to BE+1 after that

I hope this helps. Amaru.....
  • #78
  • Aug 16, 2006 4:17pm Aug 16, 2006 4:17pm
so what broker to use besides interbank?

i hear so many bad things about them, but this straddle EA seems promising.
  • #79
  • Aug 16, 2006 4:25pm Aug 16, 2006 4:25pm
Quoting clam61
so what broker to use besides interbank?

i hear so many bad things about them, but this straddle EA seems promising.
Hi clam61,
I use FXDD. Although I have not used the AmazingEa on my live account just yet; I have had great results on my demo account. I plan to go live with it next week.
  • #80
  • Aug 16, 2006 4:27pm Aug 16, 2006 4:27pm
Quoting amaruenterprise
Hi clam61,
I use FXDD. Although I have not used the AmazingEa on my live account just yet; I have had great results on my demo account. I plan to go live with it next week.
hi amaru

im really worried about getting filled, and slippage, none of which can be gauged in a demo account.

hear a lot about interbank, but people still use it. hmm...any others?
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