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Price Action Trading with Indicators! The Freebie System

  • #6,721
  • Nov 29, 2015 11:32pm Nov 29, 2015 11:32pm
Quoting Checkz
{quote} Did you mean Error134? Because I didn't get a Error 143.
Yeap I meant error 134
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  • #6,722
  • Nov 30, 2015 2:29am Nov 30, 2015 2:29am
Hi, just saw the thread.
Suggestion - use Double ZigZag no-repaint indi. see below
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  • #6,723
  • Nov 30, 2015 3:31am Nov 30, 2015 3:31am
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got a trade last evening, it traded close to profit bur did not close then started to head south and closed in a loss. Maybe we should think about moving the stop loss after we get into profit.
  • #6,724
  • Edited 7:27am Nov 30, 2015 7:17am | Edited 7:27am
So far on ForexPro, no errors. But the GBPUSD trade did not open on the ECN account??!! this is a demo account.

One future that might be useful, in particular for me since I am running several EAs, is the possibility to set a MagicNumber.
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  • #6,725
  • Nov 30, 2015 7:21am Nov 30, 2015 7:21am
Quoting keysharp
{image} got a trade last evening, it traded close to profit bur did not close then started to head south and closed in a loss. Maybe we should think about moving the stop loss after we get into profit.
u can set close half leave rest BE to Yes. That will give u at least half profit and a possible huge trade.
Or I could just program a straight break even..
Our AWESOME IMAGINATION is the true holy grail!
  • #6,726
  • Edited 7:51am Nov 30, 2015 7:41am | Edited 7:51am
Quoting fabio.g
So far on ForexPro, no errors. But the GBPUSD trade did not open on the ECN account??!! this is a demo account. One future that might be useful, in particular for me since I am running several EAs, is the possibility to set a MagicNumber. {image} {image}
I had the same problem on my ECN. No short trade on GBPUSD. Make sure u r using the latest EA, cause the prev EAs will not take trades if the indi is not on the chart. I forgot to do that myself and that is why I didn't get the trade.

The latest is at:
http://xm7.info/ea/freebie

As for the Magic number. Yea we could do that. The Magic number comes in handy when the EA is taking break evens and closing trades into consideration. That way it doesn't interfere with any other EA that is working on it's own trades. Other than that, the EA is fairly independent when it looks for it's signals that concern the freebie approach. Looking at Dreddings trading I don't recall him taking multiple trades of the same symbol. I will add an internal magic number later on so it won't mess with trades that other EA on same chart maybe working on.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,727
  • Edited 8:00am Nov 30, 2015 7:43am | Edited 8:00am
Quoting charts08
Hi, just saw the thread. Suggestion - use Double ZigZag no-repaint indi. see below {image}
Good suggestion, just need to verify this. So is the name Double ZigZag ?

Ah I found it. But It does show the dot maybe 3-4 bars later though. Wow this might just work. the 3-4 bars is one of the rules that we have from page 1.
It's just right at the edge. Hmmm I wonder if I had it set to 5 bars .... lol. I'll be testing this one this coming week. Stay tunned.

Update on multiple upperTrend detections.
I have the EA programmed but the tests are not there yet.
For each of the new upperTrend detections (20EMA, Heiken Ash) I get the right upperTrend indication but for whatever reason the code thinks that nothing has changed. This is especially seen on the Indicator. As soon as I hash it out I'll post it for you guys to test.
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  • #6,728
  • Edited 10:04am Nov 30, 2015 9:38am | Edited 10:04am
One more bad trade + 2 more negative. I have activated the half take, so far it looks like the trend manages to get to that level, but fails to close at TP

yes I downloaded the latest indis and ea from the link you posted.

maybe we could create a link to GitHub, so we can always be sure we get the latest
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  • #6,729
  • Edited 11:01am Nov 30, 2015 10:48am | Edited 11:01am
Quoting fabio.g
One more bad trade + 2 more negative. I have activated the half take, so far it looks like the trend manages to get to that level, but fails to close at TP yes I downloaded the latest indis and ea from the link you posted. maybe we could create a link to GitHub, so we can always be sure we get the latest {image} {image}
I got one EURUSD BUY trade that went south too. I took a quick look and did not check to see if it got half-way and close the trade. I'll re-look at that one. One thing is for sure if the trade did get half way it did not set it to BE.

So, things to do:
1. Check that "Close half and set BE" needs more debugging
2. Confirm that the Fixlots work

Update:
I looked at the last EURUSD Trade. I actually had a SELL trade not BUY. So upon examination my trade didn't have a chance at reaching the half way point. It just shot up to the stop loss. Fabio looks like you had a sell trade. I assume the top image u have is the last trade??

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #6,730
  • Edited 12:15pm Nov 30, 2015 11:39am | Edited 12:15pm
Quoting xmess7
{quote} Jess
Jess, i have attached all the x7 activity so far. As you can see on EurUsd i only have buys, the 6 trade on the pic did have CloseHalf_LeaveRest_BE = No.
On all the 3 demo now I have CloseHalf_LeaveRest_BE = Yes and it does work fine.

After a closer look,
2nd went +7.5
3rd went +5

maybe if you could add closing arrows would help for debugging.
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  • #6,731
  • Nov 30, 2015 12:17pm Nov 30, 2015 12:17pm
on another matter, on the ECN demo no signal arrow, unless it only shows at section start
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  • #6,732
  • Nov 30, 2015 5:17pm Nov 30, 2015 5:17pm
Quoting fabio.g
on another matter, on the ECN demo no signal arrow, unless it only shows at section start {image}
Fabio,
Thnx for catching all this stuff. It helps to clear all possible causes of error. Let me tell u of how tricky this 3sema recalculation (or repaint as they say) is and how it affects the EA/indicator.

In general both EA and indicator do about the same thing to get the higher TF trend. Except that the indicator lags the EA when displaying the arrows, this was done for a reason. I am working to fix this, so in the mean time u need to reload the indicator to get the current arrows that don't show up.

Now here is the tricky part of this. This very thing happened last week. Say that at the beginning of the day the EA detect a downtrend (found a daily high 3semadot). Then as the day progresses price goes up and knocks out the daily high 3semaDot. So now the program does it's higher TF scan and this time detects a low 3semaDot as the last the dot. Now the EA registers that the higher TF is uptrend.

Then the user comes and looks to find Sell trades but the higher TF trend is UP and if u reload the indicator all the red arrows are gone for the day, yet there are sell trades! Its the change of trend during the day that causes this confusion. In addition you see the indicator show arrows where there are not trades or vise versa.

The indicator needs to be reload cause it lags the EA. This was done to speed up the indicator. Currently the indicator doesn't scan the daily TF after each 15min closed candle. It only scans the higher TF at the beginning of the day or when u load it. Like I said I am working on correcting this.
In the mean time lets make sure the EA is doing it's job. When I get home I will add to the EA print statements for debugging. You will be able to see on the EXPERT TAB: the time, direction, lotsize, trend, semaDot value, TP, pivot crossing, and if it failed the daily range for each time a trade is detected. This way you can analyze to see if the EA did it's job correctly. I am particularly curious of the ECN and how it is reacting.

I am almost done with testing. I will release the next version sometime this week. It has 2 more types of higher trend detection.
1. 20MA
2. Heiken Ash
These also have their caveats but we'll see which does a better job.
Later on I want to add the higher highs or lower lows schema. I recall Dredding answering a question once about what is an uptrend or downtrend. LOL he just gave a blunt answer, which is a good one LOL.
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #6,733
  • Nov 30, 2015 9:45pm Nov 30, 2015 9:45pm
I saw a EURAUD long trade and got to witness the GET_Half_Set BreakEven at work.

I just happen to sit at the computer and saw the trade form. It was fast. It got Half profit then in a matter of seconds price went down and hit BE.
I have BE set to +3pips so u still get some profit.
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  • #6,734
  • Nov 30, 2015 11:07pm Nov 30, 2015 11:07pm
Got 2 GBPUSD trades just a while ago. I just loaded the indicator so the green arrows showed up. Otherwise if I the indicator had been on perhaps the second green arrow may of not shown up.
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  • #6,735
  • Edited 11:33pm Nov 30, 2015 11:22pm | Edited 11:33pm
Quoting fabio.g
{quote} Jess, i have attached all the x7 activity so far. As you can see on EurUsd i only have buys, the 6 trade on the pic did have CloseHalf_LeaveRest_BE = No. On all the 3 demo now I have CloseHalf_LeaveRest_BE = Yes and it does work fine. After a closer look, 2nd went +7.5 3rd went +5 maybe if you could add closing arrows would help for debugging. {image} {image}
Fabio Send me the logs for both brokers u are working on that correspond to 11/30/2015. I can see what happened more or less on the trades that happened or didn't happen. Turns out that the version you have already has print statements in it so I can use those to examine where what and when.
You can find the logs under the following folder: MT4 folder/logs

There will be several log files just pick the one that has the date 20151130.log and send it to me. ([email protected])

Here's a quick way to get to your MT4 Folder
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  • #6,736
  • Dec 1, 2015 12:32am Dec 1, 2015 12:32am
Ok I have a live account with Oanda and all I want to do is trade 0.2 lots and once it reaches 1 to 1 profit I want to close half meaning it will close one of the lots and leave the other one open bringing my stop to breakeven. I have tried to do it the way you told me Xmess but it does not seem to work. I have a couple of hundred dollars in the account so I don't understand why it gives me the error134 code as if i don't have enough in the account. No trades so far on Eur/Usd
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  • #6,737
  • Dec 1, 2015 2:53am Dec 1, 2015 2:53am
Did anybody get any buy trades on the Eur/Usd today, cause I didn't.
  • #6,738
  • Dec 1, 2015 3:11am Dec 1, 2015 3:11am
Quoting xmess7
{quote} ([email protected])
just emailed you but i will email you log later when i am back home.
I will move the other EA, that I am testing, to another account so FxPro will be fully dedicated to X7.
  • #6,739
  • Dec 1, 2015 11:33am Dec 1, 2015 11:33am
Quoting Checkz
Ok I have a live account with Oanda and all I want to do is trade 0.2 lots and once it reaches 1 to 1 profit I want to close half meaning it will close one of the lots and leave the other one open bringing my stop to breakeven. I have tried to do it the way you told me Xmess but it does not seem to work. I have a couple of hundred dollars in the account so I don't understand why it gives me the error134 code as if i don't have enough in the account. No trades so far on Eur/Usd {image}
Ok. Let me look into Oanda. I too have a live account just don't have any $$$ in it LOL. I'll test it on my Onda account and see if I get the same result and fix the sucker.

Stay tuned
Our AWESOME IMAGINATION is the true holy grail!
  • #6,740
  • Dec 1, 2015 11:47am Dec 1, 2015 11:47am
Quoting Checkz
Ok I have a live account with Oanda and all I want to do is trade 0.2 lots and once it reaches 1 to 1 profit I want to close half meaning it will close one of the lots and leave the other one open bringing my stop to breakeven. I have tried to do it the way you told me Xmess but it does not seem to work. I have a couple of hundred dollars in the account so I don't understand why it gives me the error134 code as if i don't have enough in the account. No trades so far on Eur/Usd {image}
Checkz:
One more thing. If you look at the upper right hand corner of the image you posted, you will see a sad face next to the EA's name. Make sure that under the tab Common that you have "Allow live trading" checked off, otherwise the EA will not take any trades. Once you do that the sad face should turn into a happy face.

Also make sure the following two options are also checked off too:
"Allow DLL imports"
"Allow import of external experts"
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