Price Action Trading with Indicators! The Freebie System | Page 338 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Freebie 1 min trading method 1,227 replies

Naked Trading Using Price Action (No Indicators) 32 replies

Pure Price Action Trading - NO lines or indicators 49 replies

Help adding a filter to the Freebie Indicator 3 replies

EUR/USD Trading Price Action System 2 replies

Attachments: Price Action Trading with Indicators! The Freebie System
Exit Attachments

Price Action Trading with Indicators! The Freebie System

  • #6,741
  • Dec 1, 2015 12:01pm Dec 1, 2015 12:01pm
Quoting xmess7
{quote} 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"
Yeah I cut it off right before I took the pic but I did not have the Allow DLL imports checked so I will do it and see if it works. Thanks
  • #6,742
  • Dec 1, 2015 12:13pm Dec 1, 2015 12:13pm
Quoting Checkz
Did anybody get any buy trades on the Eur/Usd today, cause I didn't.
Checkz:
I saw the trade it was at about 08:30 (or 13:30 on brokers that start Eastern Time), more or less right? It would of been a winner.
However look at the stochs. Yes it did cross up as per the rules however the code has an added criteria, the stochs signals need to be below 80 for the cross to qualify. So no trade. Same thing when stochs cross down, the signals have to be above 20.

This criteria was already in the code from the days when we were developing it with Dredding. If you guys think it is appropriate I can get rid of it.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,743
  • Dec 1, 2015 12:20pm Dec 1, 2015 12:20pm
Quoting xmess7
{quote} Checkz: I saw the trade it was at about 08:30 (or 13:30 on brokers that start Eastern Time), more or less right? It would of been a winner. However look at the stochs. Yes it did cross up as per the rules however the code has an added criteria, the stochs signals need to be below 80 for the cross to qualify. So no trade. Same thing when stochs cross down, the signals have to be above 20. This criteria was already in the code from the days when we were developing it with Dredding. If you guys think it is appropriate I can get rid of it.
Oh ok. It's up to you.
  • #6,744
  • Dec 1, 2015 3:56pm Dec 1, 2015 3:56pm
HMMM look at this post that Dredding made:

http://www.forexfactory.com/showthread.php?p=6494853#post6494853

He says zoom out... but also look at how the top pivot is "STEPPING DOWN". Hmmm I think ME see a possible TREND indicator.
This one would be close to what your EYES see.... don't ya think so?? The trend indicator I am SEE is that the top Pivots are making stair case patterns. The same would hold for the lower pivot lines when making a decision to go long.

Question would be how far back to go? 2 days? 3 days? 1 day? something to ponder and of course TEST thru observation.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #6,745
  • Dec 2, 2015 1:40am Dec 2, 2015 1:40am
Got a long trade for EURUSD @ about 7:15 (or 2:15 Eastern Time).
All conditions are met and upper trend is showing Daily 3Sema Dot for long.
There was no green arrow on 1st image. Second Image shows it with the indicator reloaded. Yep got to fix that....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD_12_02_7_15.png Size: 57 KB
Click to Enlarge Name: EURUSD_reload Indi.png Size: 53 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #6,746
  • Dec 2, 2015 2:00am Dec 2, 2015 2:00am
So did I xmess7
I also got another EURUSD at 2:45 Eastern time
As I write this they both hit their TP
  • #6,747
  • Dec 2, 2015 2:18am Dec 2, 2015 2:18am
Quoting xmess7
Got a long trade for EURUSD @ about 7:15 (or 2:15 Eastern Time). All conditions are met and upper trend is showing Daily 3Sema Dot for long. There was no green arrow on 1st image. Second Image shows it with the indicator reloaded. Yep got to fix that.... {image} {image}
I took the EA off and took the trade manually but I noticed that where the yellow semafor is on your chart you have a red candle and I have a green candle. How does the trade look on your Oanda demo account? If I would have gotten in the trade with EA it would have been 2 candles late.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (9).png Size: 42 KB
  • #6,748
  • Dec 2, 2015 2:27am Dec 2, 2015 2:27am
Quoting Checkz
{quote} I took the EA off and took the trade manually but I noticed that where the yellow semafor is on your chart you have a red candle and I have a green candle. How does the trade look on your Oanda demo account? If I would have gotten in the trade with EA it would have been 2 candles late. {image}
So Sorry, I forgot to turn on the Oanda account. I have it on now. So we'll see what happens when next trade appears.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,749
  • Dec 2, 2015 2:28am Dec 2, 2015 2:28am
Quoting Checkz
{quote} I took the EA off and took the trade manually but I noticed that where the yellow semafor is on your chart you have a red candle and I have a green candle. How does the trade look on your Oanda demo account? If I would have gotten in the trade with EA it would have been 2 candles late. {image}
Checkz I believe that is because it repainted. The 2:15est long which is what xmess7`s chart is showing happened and then the repaint happened and the 2:45est long occurred which your chart is showing. My Oanda broker mt4 EA took both the 2:15 and the 2:45 longs.

Oh and the trade that is currently on this chart is when I opened up another chart window to refresh the arrows while a current long order was in the system. So I guess the EA took another long.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15EA.png Size: 32 KB
  • #6,750
  • Dec 2, 2015 2:33am Dec 2, 2015 2:33am
Thanks guys can you guys show me your EA settings. I had the EA on all day yesterday on the GBP/USD and it never opened a trade.
  • #6,751
  • Dec 2, 2015 2:36am Dec 2, 2015 2:36am
Quoting Checkz
{quote} I took the EA off and took the trade manually but I noticed that where the yellow semafor is on your chart you have a red candle and I have a green candle. How does the trade look on your Oanda demo account? If I would have gotten in the trade with EA it would have been 2 candles late. {image}
I am seeing the long at 2:30 on Oanda (based on the indicator arrow). It may be the repaint like p22 mentions but I think it has to do more with when the brokers start times are. On my chart TradeKing starts at 4pm Pacific time. Where as Onda starts the day at 9pm pacific. That difference in start affects the opens and closes to be slightly different and that can affect where a 3sema dot is calculated.

However notice that the trades are fairly close. 2:15 TradeKing and 2:30 Oanda. So I wouldn't worry to much about that since we are trend traders and in the end the positives will outweigh the negatives.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,752
  • Dec 2, 2015 2:42am Dec 2, 2015 2:42am
Quoting Checkz
Thanks guys can you guys show me your EA settings. I had the EA on all day yesterday on the GBP/USD and it never opened a trade.
I had a GPD/USD long at 9:15est dec. 1 that hit its TP

Ive been running this EA, updating the files as xmess7 so graciously updates them and have over 40 trades taken. Over 20 in the last 24hours as I put it on like 20 different charts lol
  • #6,753
  • Dec 2, 2015 2:43am Dec 2, 2015 2:43am
Here are the settings I am using on Oanda. I am also testing the fixlot @ 1 lot and the GetHalf_setBE.
Added another screen shot of other tab too.
Attached Image (click to enlarge)
Click to Enlarge Name: Oanda_Freebie.jpg Size: 141 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #6,754
  • Dec 2, 2015 2:48am Dec 2, 2015 2:48am
Quoting xmess7
Here are the settings I am using on Oanda. I am also testing the fixlot @ 1 lot and the GetHalf_setBE. Added another screen shot of other tab too. {image}
I have the same settings except im not using the gethalf BE yet so thats set to no and I also check the allow modification of signals settings (not sure if that makes a difference)
  • #6,755
  • Dec 2, 2015 2:48am Dec 2, 2015 2:48am
Quoting pp22
{quote} I had a GPD/USD long at 9:15est dec. 1 that hit its TP Ive been running this EA, updating the files as xmess7 so graciously updates them and have over 40 trades taken. Over 20 in the last 24hours as I put it on like 20 different charts lol
I am only using it on 4 pairs at the moment. Reason being that once I have this EA working correctly then I will update it for higher TF (H4 is my domain). Big time profit there.

pp22: Are u using he CloseHalf_leaveRestBE ??
I am thinking of making that CloseHalf_LeaveRestBE_NoTP.
That way we get benefit of getting profit and maybe a homerun. Right now it will close half and then either go to BE or Target Profit.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #6,756
  • Dec 2, 2015 2:51am Dec 2, 2015 2:51am
Quoting xmess7
{quote} I am only using it on 4 pairs at the moment. Reason being that once I have this EA working correctly then I will update it for higher TF (H4 is my domain). Big time profit there. pp22: Are u using he CloseHalf_leaveRestBE ?? I am thinking of making that CloseHalf_LeaveRestBE_NoTP. That way we get benefit of getting profit and maybe a homerun. Right now it will close half and then either go to BE or Target Profit. Jess

Not yet Jess. I just want to see how the win loss ratio starts to play out before I implement the CloseHalf_leaveRestBE

Phil
  • #6,757
  • Dec 2, 2015 2:54am Dec 2, 2015 2:54am
Quoting pp22
{quote} I have the same settings except im not using the gethalf BE yet so thats set to no and I also check the allow modification of signals settings (not sure if that makes a difference)
The "allow modification of signals " is unchecked by default for security reasons. It's really only useful when you are subscribing the signal services. It allows the EA to use special functions to get signals and decide which signal to use for trading. It doesn't make a difference to this EA unless u are subscribed to a signal service.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,758
  • Dec 2, 2015 2:58am Dec 2, 2015 2:58am
Hey Jess, the stoch settings you and checkz have on your charts, is that necessary for the EA or the indicator? Or is that just for your on visual? If so what settings are you using?

Thanks
Phil
  • #6,759
  • Dec 2, 2015 3:05am Dec 2, 2015 3:05am
Quoting pp22
Hey Jess, the stoch settings you and checkz have on your charts, is that necessary for the EA or the indicator? Or is that just for your on visual? If so what settings are you using? Thanks Phil
Yep all that stuff is for visuals. If you notice on some of my charts I am using PWDM pivots. That's to compare with the xm7_pivot and the EA internal piv calculations to that indicator and make sure that they all agree. So far they have, so I think that rice is cooked and done .

For the EA nothing is needed on the chart. It only needs to have the heiken ash and 3sema indicator in the indicator folder
For the Indicator nothing is needed on the chart. It only needs the xm7_pivot, heiken ash, and 3sema indicators in the Indicator folder

EDIT: The stoch settings are as Dredding indicates on 1st page. 10,3,3
Our AWESOME IMAGINATION is the true holy grail!
  • #6,760
  • Dec 2, 2015 3:12am Dec 2, 2015 3:12am
Here it is, a demo account for everyone to check
https://www.myfxbook.com/portfolio/xm7-demo/1314024
0 traders viewing now