AmazingEA: Straddle Trading Expert Advisor | Page 16 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Super Carry Trading Strategy - Expert Advisor 22 replies

Trading Journal of Baoky, Expert Advisor Trader 12 replies

Expert Advisor Bot or Manual Trading? 8 replies

MetaTrader Expert Advisor BUILDER for backtesting and auto trading 4 replies

Please help code addition to -AmazingEA- 1 reply

Attachments: AmazingEA: Straddle Trading Expert Advisor
Exit Attachments

AmazingEA: Straddle Trading Expert Advisor

  • #301
  • Oct 2, 2015 8:01am Oct 2, 2015 8:01am
Been a while I hit this BIG with NFP

USD NFP 02-Oct-2015
Attached Image (click to enlarge)
Click to Enlarge Name: USD NFP 02-Oct-2015.PNG Size: 10 KB


FNG release came out earlier than the spike move & my spike trade got in @ a good price fill & hit my 80 pips TP. My straddle trade had over 50 pips entry slip, had to close it manually so as not to interfere with spike profit

Have a Good weekend
  • #302
  • Oct 2, 2015 8:09am Oct 2, 2015 8:09am
Quoting wakeel86
Been a while I hit this BIG with NFP USD NFP 02-Oct-2015 {image} FNG release came out earlier than the spike move & my spike trade got in @ a good price fill & hit my 80 pips TP. My straddle trade had over 50 pips entry slip, had to close it manually so as not to interfere with spike profit Have a Good weekend
no point hiding figures dude. at least you have hidden your broker.
  • #303
  • Oct 2, 2015 8:34am Oct 2, 2015 8:34am
Hi Alan,

I've been using your EA for 6 months and I'm having good results.

The only problem I have, as everyone, is the slippage. To minimize the slippage effect on the trade I always manually adjust the stop loss to the number of pips I had defined previously.

For example, I have a stop loss of 20 pips, when the order is activated the price slips 10 pips, so my real stop loss becomes 30 pips. When this happens I manually reduce the stop loss 10 pips, so that my risk becomes the same as initial.

I wonder if you could think about implementing a stop loss check on the EA so that it tries to adjust the stop loss when slippage occurs.

Thank you very much for your work and for sharing it with us.
  • #304
  • Oct 2, 2015 9:48am Oct 2, 2015 9:48am
Quoting hopital
Hi Alan, I've been using your EA for 6 months and I'm having good results. The only problem I have, as everyone, is the slippage. To minimize the slippage effect on the trade I always manually adjust the stop loss to the number of pips I had defined previously. For example, I have a stop loss of 20 pips, when the order is activated the price slips 10 pips, so my real stop loss becomes 30 pips. When this happens I manually reduce the stop loss 10 pips, so that my risk becomes the same as initial. I wonder if you could think about implementing a stop...
Use SlipCheck - it resets the SL. See the doco/first post for more info.....
  • #305
  • Oct 2, 2015 9:54am Oct 2, 2015 9:54am
Quoting Juddie
{quote} no point hiding figures dude. at least you have hidden your broker.
Get used to it
  • #306
  • Oct 2, 2015 11:31am Oct 2, 2015 11:31am
Hi

 

  1. wakeel86
  2. |
  3. can you send me the set file. thanks

  • #307
  • Oct 2, 2015 1:53pm Oct 2, 2015 1:53pm
Quoting admir
Hi wakeel86 | can you send me the set file. thanks
PointsAway=80
PointsGap=2000
ModifyGap=10
TP=800
SL=300
NYear=2015
NMonth=10
NDay=2
NHour=13
NMin=30
NSec=0
CTCBN=0
SecBPO=10
SecBAO=2
SecBMO=0
STWAN=300
OCO=false
BEPoints=80
BEOffset=10
TrailPoints=100
TrailOffset=0
TrailImmediate=false
MM=false
RiskPercent=2.5
Lots=0.01
MaxSpread=0
AddSpreadToSL=true
SlipCheck=true
MaxSlippage=800
AllowBuys=true
AllowSells=true
UseBrokerTime=false
DeleteOnShutdown=true
TradeLog=AmazingEA

There you go. But my profit for today came from spike trading and not straddle
Attached File(s)
File Type: txt Amazing-Trader-1Main.txt   < 1 KB | 417 downloads
  • #308
  • Oct 2, 2015 2:00pm Oct 2, 2015 2:00pm
Quoting Alan111S
{quote} Use SlipCheck - it resets the SL. See the doco/first post for more info.....
Thank you so much! I didn't know that.
  • #309
  • Oct 3, 2015 7:44am Oct 3, 2015 7:44am
Quoting tonyharmony
G'day Alan, How are you Mate? How's the weather down in Melbourne? Going to be a warm one here in Queensland... Anyhow, this is my first post on your thread. I have been using v4.3.0 for some time, with not to bad results!​ I only just returned to FF to have another go at the Amazing EA, and found this thread! Great to see you are still going, thanks! I have 2 brokers I use and thought I'd compare notes, so I setup GBP CPI for 6:30pm (our time), and have exactly the same settings on both versions v4.3.0 and v6.10 on a $2000 live accounts (with...
Hi Tony

In Version 5.1 I made some changes to the risk calculation. For a start there was a default calc based on a 100 pips SL if you didn't use any Stop. That was removed. Secondly, there was no calculation of ppp (PricePerPoint) which is basically the conversion to Account Currency, so on the old version if you traded GBPUSD and your account was in USD, it would be the same result but if you traded GBPUSD and your account was in AUD then you need to factor in a conversion using the current price of AUDUSD. My guess is that is why you went from 0.1 lots to 0.07 lots as AUDUSD is roughly 70 cents?

My other advice is not to use 29 mins and 45 seconds as your trades won't be modified in the last 15 seconds (16 with SecBMO=1). Your STWAN deletes 45 seconds after the news?

Regards

Alan
  • #310
  • Oct 3, 2015 8:18am Oct 3, 2015 8:18am
Quoting Alan111S
{quote} Hi Tony In Version 5.1 I made some changes to the risk calculation. For a start there was a default calc based on a 100 pips SL if you didn't use any Stop. That was removed. Secondly, there was no calculation of ppp (PricePerPoint) which is basically the conversion to Account Currency, so on the old version if you traded GBPUSD and your account was in USD, it would be the same result but if you traded GBPUSD and your account was in AUD then you need to factor in a conversion using the current price of AUDUSD. My guess is that is why you...
Thanks Alan, I appreciate the advice, that explains everything!

Yes, I see what you mean with the times. I am now setting the News to the minute.

Also, thanks for the comprehensive guide on page 1, it is very clear and concise. I am finding 6.10 the best version yet!

I must admit, that I am a bit of a working progress, but I am determined to succeed, and with this EA it is absolutely possible...

Thanks again mate, for giving us all an opportunity with this wonderful creation of yours...

Cheers
Tony
  • #311
  • Oct 5, 2015 5:28pm Oct 5, 2015 5:28pm
yanks wakeel86

Do I have to change every news
these parameters

NDay=2
NHour=13
NMin=30
NSec=0



tanks a lot !
  • #312
  • Oct 5, 2015 6:55pm Oct 5, 2015 6:55pm
Quoting admir
yanks wakeel86 Do I have to change every news these parameters NDay=2 NHour=13 NMin=30 NSec=0 tanks a lot !
yeah you have to. the NSec=0 can actually be left as 0
  • #313
  • Oct 7, 2015 5:01am Oct 7, 2015 5:01am
Hi Guys

I have started having trouble this week with my spike trading settings. I am guessing having the slipcheck=true function activated would be necessary when going for small pip takes but for some reason on Mondays GBP Service PMI and Wednesdays GBP Manufacturing Production my trades got triggered and then stopped by my take profit straight away and both for small loses. The only difference from my normal spike trading is turning the slipcheck function to true but I can't see how this would be detrimental to my trades.

I have attached log files from both of the trades and my set file that I'm pretty sure I used for both of the trades.

Any help would be greatly appreciated. Also I would like to say a big thank you to Allan, as this EA with his input has helped me have a return of 23% over the past three weeks. Combining both spike trading and straddle trading has made a big difference.

I will have to buy you a beer sir
Attached File(s)
File Type: zip GBPJPY Manufacturing spike.zip   1 KB | 309 downloads
'Stability breeds Instability' Hyman Minsky
  • #314
  • Oct 7, 2015 5:23am Oct 7, 2015 5:23am
Quoting ALFtrade
Hi Guys I have started having trouble this week with my spike trading settings. I am guessing having the slipcheck=true function activated would be necessary when going for small pip takes but for some reason on Mondays GBP Service PMI and Wednesdays GBP Manufacturing Production my trades got triggered and then stopped by my take profit straight away and both for small loses. The only difference from my normal spike trading is turning the slipcheck function to true but I can't see how this would be detrimental to my trades. I have attached log files...
If you are going for 10 pips and you have 11 pips slippage the trade will be closed immediately (when using SlipCheck) as the EA detects you have exceeded your TP and closes. Better to use BE or Trailing to lock in profit instead of TP. Slipcheck needs a bit of time to change the SL and TP of a trade so it would reset the TP eventually.
  • #315
  • Oct 7, 2015 5:37am Oct 7, 2015 5:37am
Quoting Alan111S
{quote} If you are going for 10 pips and you have 11 pips slippage the trade will be closed immediately (when using SlipCheck) as the EA detects you have exceeded your TP and closes. Better to use BE or Trailing to lock in profit instead of TP. Slipcheck needs a bit of time to change the SL and TP of a trade so it would reset the TP eventually.
Ok, makes sense. So setting my TP to a larger figure but having a BEPoints of 10 pips and a BEOffset of 10 pips should be able to lock in 10 pips. Or set up to trailoffest of 10 pips and trail points of 1 pip. Both of these options should work better than the TP?

Cheers
'Stability breeds Instability' Hyman Minsky
  • #316
  • Oct 7, 2015 5:51am Oct 7, 2015 5:51am
Quoting ALFtrade
{quote} Ok, makes sense. So setting my TP to a larger figure but having a BEPoints of 10 pips and a BEOffset of 10 pips should be able to lock in 10 pips. Or set up to trailoffest of 10 pips and trail points of 1 pip. Both of these options should work better than the TP? Cheers
The Offset is only supposed to be a bit extra to cover Commissions etc. if you use ECN. So you would use BEPoints=100 and BEOffset=20 say so when your trade is 12 pips higher than BE the SL would be set to BE. Trailing works the same but as price increases, the SL would be maintained 12 pips behind.

I'm thinking to remove the Offset as it just causes confusion.
  • #317
  • Oct 7, 2015 6:15am Oct 7, 2015 6:15am
Quoting Alan111S
{quote} The Offset is only supposed to be a bit extra to cover Commissions etc. if you use ECN. So you would use BEPoints=100 and BEOffset=20 say so when your trade is 12 pips higher than BE the SL would be set to BE. Trailing works the same but as price increases, the SL would be maintained 12 pips behind. I'm thinking to remove the Offset as it just causes confusion.
Ok thanks, I will give it a go.
'Stability breeds Instability' Hyman Minsky
  • #318
  • Oct 12, 2015 9:57pm Oct 12, 2015 9:57pm
JPY Monetary Policy Meeting Minutes
JPY Bank Lending y/y 2.6% 2.7%
Note that STWAN=1200, as the news time was 10 min before Tko market open and PA often does not move until market open or later.
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-10-13 11_50_17-120_ FXOpenUK-ECN Demo Server - Demo Account - [USDJPY,M1].png Size: 58 KB
  • #319
  • Oct 17, 2015 12:13pm Oct 17, 2015 12:13pm
Hi guys

Quick question. Can someone tell me if I had set trade to TP at 20 pips, but would like the SL to jump to 10 pips when the trade reaches there, how would I do that?

Thanks
  • #320
  • Oct 17, 2015 12:54pm Oct 17, 2015 12:54pm
Quoting toppo qqq
{quote} I use a trailing EA called Wheelbarrel Trailing_v1.2, which gives a charming cork_pop.wav sound as it trails by a step of 1 pt. I am used to this EA/setup so long I disabled AmazingEA's relevant setting and use WBT. How does your trailing setting work? Regards, Toppo
Good work.

All the trades u posted here used AmazingEA but u said u ve disabled it and using WBT. Pls, I ll like to clear one thing.

Do u now use Amazing or u re still using WBT? Did u use Amazing or WBT to place all the trades u displayed on this thread?

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
0 traders viewing now