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Price Action Trading with Indicators! The Freebie System

  • #6,701
  • Nov 27, 2015 10:24am Nov 27, 2015 10:24am
Alrightly!! I got the EA problem solved... I think LOL. Turns out I left the code that detects if the xm7_pivots are loaded. IF not NO TRADE!
The only reason some of u got a trade was cause u had the xm7_pivot indicator loaded. That is why on my design machine I got the trade but not on my test machine.
On my test machine I am only running the EA with no INDICATORS. Where as on my design machine I had the xm7_pivot on the chart.

I fixed it and here is the file. Plus I am recording the pivot levels on the Expert Tab just to make sure they are correct (see image). The EA is only recorded the lower 2 and the high 2 pivot levels. That is enuf to check if the EA is seeing the day's pivot levels correctly. You can see the pivot levels on the expert tab (see image). To read it just get the number after the "=" and then compare that to either the xm7_pivot or any other pivot indi that draws the levels.

If we see that the pivot thing is ok then on the next update I will remove this from the Expert Tab. Let me know if you guys detect anything different.

Stay tuned, the next version will have some of the other upperTrend approaches.
Then after that I will make this EA work on higher TFs. I prefer the 4H and above. Alot less stressful and alot more pips too LOL
Attached Image (click to enlarge)
Click to Enlarge Name: freebie_EA_expertTab.jpg Size: 77 KB
Attached File(s)
File Type: ex4 xm7_FreebieSystem_EA.ex4   39 KB | 262 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #6,702
  • Nov 27, 2015 12:09pm Nov 27, 2015 12:09pm
Quoting xmess7
{quote} The lotzsize only works if you have the MoneyManagementType set to Fixedlots. In my case I just changed the PercentRisk to 3 (3%). That usually gives me more lots than 1.
So is this how my settings should look in order to trade two lots?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (3).png Size: 67 KB
  • #6,703
  • Nov 27, 2015 12:47pm Nov 27, 2015 12:47pm
I just installed the new ea and the enclosed shows what it looks like. Also I was gonefor a couple of hrs. and in that time picked up a buy trade that closed in profit, sweet.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDecnM15.png Size: 28 KB
  • #6,704
  • Nov 27, 2015 1:14pm Nov 27, 2015 1:14pm
Has anybody used the closed half leave rest BE feature yet?
  • #6,705
  • Nov 27, 2015 3:59pm Nov 27, 2015 3:59pm
Quoting Checkz
{quote} So is this how my settings should look in order to trade two lots? {image}
Nope, check the image out. 1st set the MoneyManagementType to FixedLot
Then set the number of lots you want fixed.
Attached Image (click to enlarge)
Click to Enlarge Name: Fixedlotsize.jpg Size: 120 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #6,706
  • Nov 27, 2015 4:05pm Nov 27, 2015 4:05pm
Quoting keysharp
I just installed the new ea and the enclosed shows what it looks like. Also I was gonefor a couple of hrs. and in that time picked up a buy trade that closed in profit, sweet.{image}
yep, I got a trade too. BTW this is the testing machine EA. I slapped on the PWDM indi to test the pivot levels and the stoch just to see what it looks like. Looks ok.
U will notice that my pairs have added text. The EA will handle any broker with any name so if u change to a broker that has preText or posText not to worry. LOL.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_EA_Trade.png Size: 24 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #6,707
  • Nov 27, 2015 9:09pm Nov 27, 2015 9:09pm
Quoting xmess7
{quote} Nope, check the image out. 1st set the MoneyManagementType to FixedLot Then set the number of lots you want fixed. {image}
Thanks
  • #6,708
  • Nov 27, 2015 9:31pm Nov 27, 2015 9:31pm
Quoting xmess7
{quote} yep, I got a trade too. BTW this is the testing machine EA. I slapped on the PWDM indi to test the pivot levels and the stoch just to see what it looks like. Looks ok. U will notice that my pairs have added text. The EA will handle any broker with any name so if u change to a broker that has preText or posText not to worry. LOL. {image}
I was waiting earlier today for the EA to take this trade and it didn't. I thought maybe it was because a semafor appeared right above it but im not sure what happened.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (4).png Size: 44 KB
  • #6,709
  • Nov 27, 2015 11:47pm Nov 27, 2015 11:47pm
Quoting Checkz
{quote} I was waiting earlier today for the EA to take this trade and it didn't. I thought maybe it was because a semafor appeared right above it but im not sure what happened. {image}
Hmmm, it should of taken the trade at the open of the candle that has the red semaDot above it. What the EA does is once a new candle opens it looks at the previous closed candle and from there it does it's thing. So that fact that you had a red semafor above the candle makes no difference, the trade should of happened. Take a peak at your Expert Tab and let me know if you get some sort of message or that candle. You will find the Symbol name and date/time with a message, see if u find an entry with that info in the Expert Tab.

What is your broker, I want to recreate the instance to see if I get the same result. Checkz if you can could you zip up the MT4 folder and send it to me? Or post it...
That would be faster than me having to sign up and all that stuff. If you can't do it then just give me the name of the broker.

BTW I have a new upgrade ready. This one allows the user to choose from 4 types of higherTrend Detections:
_3sema
_20ema
HeikenAsh
None (with this selection the upper TimeFrame Trend is ignored)

I am just going to do a little testing to make sure things are working then I'll post it. Remember if anyone has anymore ideas, I can add them to the EA and INDI..
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #6,710
  • Nov 28, 2015 10:01am Nov 28, 2015 10:01am
Quoting xmess7
{quote} Hmmm, it should of taken the trade at the open of the candle that has the red semaDot above it. What the EA does is once a new candle opens it looks at the previous closed candle and from there it does it's thing. So that fact that you had a red semafor above the candle makes no difference, the trade should of happened. Take a peak at your Expert Tab and let me know if you get some sort of message or that candle. You will find the Symbol name and date/time with a message, see if u find an entry with that info in the Expert Tab. What is your...
I think it may have been something on my end. I'm going to watch it next week. Oanda is my broker. Anyway thanks Xmess7 you're doing a great job.
  • #6,711
  • Nov 28, 2015 11:30pm Nov 28, 2015 11:30pm
Quoting Checkz
{quote} I think it may have been something on my end. I'm going to watch it next week. Oanda is my broker. Anyway thanks Xmess7 you're doing a great job.
Hopefully, this coming week we'll see if the recent update will take care of the inconsistencies. I have an account on Oanda, hmmm maybe a broker stop limit or something. If I get a chance I will put the EA on Oanda and test it.

NOTE: the last posted EA is the one that has the updates that should fix the missing of trades. As for the indicator you still need to re-load it once in a while to see the recent arrows show up. When I release the EA that has the 3 types of upperTend detection I will also release the indicator with a fix for that re-loading thing.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,712
  • Nov 29, 2015 5:39am Nov 29, 2015 5:39am
Hello EveryOne,
just found this thread, as usual looking for something else. The EA and strategy looks interesting and promising. I will load the EA on my test/demo machine on two different brokers, and an ECN broker.
Any suggestion on pairs, stock, indices or anything else you would like to get data from?

Cheers.
  • #6,713
  • Nov 29, 2015 10:39am Nov 29, 2015 10:39am
Quoting fabio.g
Hello EveryOne, just found this thread, as usual looking for something else. The EA and strategy looks interesting and promising. I will load the EA on my test/demo machine on two different brokers, and an ECN broker. Any suggestion on pairs, stock, indices or anything else you would like to get data from? Cheers.
Just make sure u get the latest EA and Indi. I have created a link so I can keep the updated versions more visible. For whatever reason I cannot go back and update some of my previous posts. That is not good cause some of those EAs and Indi's are the versions that are not working.

Anyhow, from now on I will publish the files on my server:

http://xm7.info/ea/freebie
Our AWESOME IMAGINATION is the true holy grail!
  • #6,714
  • Nov 29, 2015 11:51am Nov 29, 2015 11:51am
Just dl and updated all the files, thanks for the heads up
what is the xm7_pivots.ex4 (http://xm7.info/ea/freebie/xm7_pivots.ex4) for it doesn t look to get called by the EA
  • #6,715
  • Nov 29, 2015 11:51am Nov 29, 2015 11:51am
NEWS EVENTS

Guys:
I don't remember but didn't Dredding elude to not trading right before or during a NEWS EVENT? Let me know, I can have the EA monitor NEWS events and avoid trading those hours. Right now the ones that I have seen that cause alot of change are:
1. FOMC Yellen speaks
2. Non-Farm Payroll
3. US Employment Numbers

So those would be the ones that I would concentrate on.
Let me know if there are anymore to consider or if Dredding never cared LOL.

PEACE
Our AWESOME IMAGINATION is the true holy grail!
  • #6,716
  • Nov 29, 2015 2:13pm Nov 29, 2015 2:13pm
Quoting Dredding82
We are TA TREND TRADERS! we trade with news and reports.....just adjust your lot size and SL to avoid the swings of reports. People that dont trade around the release of reports due so because of all the BS there is about making losses...the reason for the loss is they do not understand TREND.....because they do not trade them they will never catch the HUGE MOVES they produce.
I found this post from Dredding82.
  • #6,717
  • Nov 29, 2015 2:48pm Nov 29, 2015 2:48pm
Quoting Checkz
{quote} I found this post from Dredding82.
I see!! Then I will leave out for now. But notice, he does say "adjust lotsize". So perhaps we can have EA the lower the lot size. Thnx for the info checkz
Our AWESOME IMAGINATION is the true holy grail!
  • #6,718
  • Nov 29, 2015 8:07pm Nov 29, 2015 8:07pm
First buy trade of the day did not place. Here is the message I got and the settings I have on my EA.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (6).png Size: 68 KB
  • #6,719
  • Nov 29, 2015 9:29pm Nov 29, 2015 9:29pm
Quoting Checkz
First buy trade of the day did not place. Here is the message I got and the settings I have on my EA. {image}
Error 143 means not enough money or that the FixedLot is too big for the amount of margin you have available. I've updated the EA to have a print out on the EXPERT tab of what the lotsize is. So next time u get an attempt it will show the lotsize. I looked at the code and didn't see how it can change the FizedLotsize you picked.
So next time it happens show me the expert Tab just like u did.

I assume that the fixed lotsize of 0.2 lots is ok for your account right?

you can download the updated EA from:
http://xm7.info/ea.freebie

J
Our AWESOME IMAGINATION is the true holy grail!
  • #6,720
  • Nov 29, 2015 11:17pm Nov 29, 2015 11:17pm
Quoting xmess7
{quote} Error 143 means not enough money or that the FixedLot is too big for the amount of margin you have available. I've updated the EA to have a print out on the EXPERT tab of what the lotsize is. So next time u get an attempt it will show the lotsize. I looked at the code and didn't see how it can change the FizedLotsize you picked. So next time it happens show me the expert Tab just like u did. I assume that the fixed lotsize of 0.2 lots is ok for your account right? you can download the updated EA from: http://xm7.info/ea.freebie...
Did you mean Error134? Because I didn't get a Error 143.
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