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Price Action Trading with Indicators! The Freebie System

  • #6,841
  • Dec 7, 2015 12:30pm Dec 7, 2015 12:30pm
Quoting Checkz
{quote} Okay Xmess I loaded the new EA and Indicator I have It set at 4 lots Fixed lets see what happens. {image}
Awesome! Lets see if this works out. You should see only 0.4 lot trades.

Good job.. by setting autotrend=No and Test_TradeOn_AverageRange=No, you should get more signals.

I too have Onda turned on except I will get lesser signals since I places Yes on those two inputs.

Patience, we'll get it working....
Our AWESOME IMAGINATION is the true holy grail!
  • #6,842
  • Dec 7, 2015 12:32pm Dec 7, 2015 12:32pm
Quoting fabio.g
{quote} On EurUsd I got buy on long signal, on AudUsd 2 buy on sell signal, as you can see in the previous post thanks for the support. {image}
Well done my new friend. I have activated my FxPro account and placed the EA on EURUSD, AUDUSD, and GBPUSD. Hopefully I will see the exact same error you are seeing so we can fix it! And WE WILL FIX IT! LOL.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,843
  • Dec 7, 2015 12:43pm Dec 7, 2015 12:43pm
Quoting xmess7
{quote} Awesome! Lets see if this works out. You should see only 0.4 lot trades. Good job.. by setting autotrend=No and Test_TradeOn_AverageRange=No, you should get more signals. I too have Onda turned on except I will get lesser signals since I places Yes on those two inputs. Patience, we'll get it working....
I have a question about this sell signal it was not near a pivot.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (19).png Size: 33 KB
  • #6,844
  • Dec 7, 2015 1:51pm Dec 7, 2015 1:51pm
Quoting xmess7
{quote} Well done my new friend. I have activated my FxPro account and placed the EA on EURUSD, AUDUSD, and GBPUSD. Hopefully I will see the exact same error you are seeing so we can fix it! And WE WILL FIX IT! LOL.
should i run only those 3 pairs?
  • #6,845
  • Dec 7, 2015 2:06pm Dec 7, 2015 2:06pm
Quoting Checkz
{quote} I have a question about this sell signal it was not near a pivot. {image}
It failed the Mid Pivot - Md2.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,846
  • Dec 7, 2015 2:07pm Dec 7, 2015 2:07pm
Quoting fabio.g
{quote} should i run only those 3 pairs?
Nope, lets just compare the same pairs we are working on. I think you have AUDUSD and EURUSD right?
Our AWESOME IMAGINATION is the true holy grail!
  • #6,847
  • Dec 7, 2015 2:40pm Dec 7, 2015 2:40pm
Quoting xmess7
{quote} Nope, lets just compare the same pairs we are working on. I think you have AUDUSD and EURUSD right?
I will run EA on Aud/Usd instead of NZD/Usd since you want us to compare results on the same pairs
  • #6,848
  • Dec 7, 2015 3:28pm Dec 7, 2015 3:28pm
Quoting xmess7
{quote} Nope, lets just compare the same pairs we are working on. I think you have AUDUSD and EURUSD right?
on FxPro i have the ones on the screeshot. on IcMarkets now I ahve EU,GU amd AU
Attached Image
  • #6,849
  • Dec 7, 2015 3:43pm Dec 7, 2015 3:43pm
Attached Image
two good trades. Since loading V2 have had nothing but wins on AUDUSD and USDJPY. 5 trades today. However no trades on EURUSD or Gold which I am trying. The demo account for the past week is up about 5.6%.
  • #6,850
  • Dec 7, 2015 3:55pm Dec 7, 2015 3:55pm
Quoting xmess7
{quote} bhaskaruni: I am curious to see how the EA will do. Fabio's testing will be interesting to see. The key is the 3sema indicator. In forward testing you may get more trades that you didn't expect since that indicator repaints. Is the semafor indicator you provide one of those that was programmed not to change after candle was closed? When you get a chance could you please explain(send me an email) your code for detecting the semafor on top or bottom? In some of my testing (freebie indicator only) I ran into a discrepancy that made no sense...
@Xm7 I am using the Semafor indicator with delta as 0 and remaining other MA settings default. The repainting of semafor Node 3 top/bottom is a big issue, So I thought it would work better when we enter the trade only on miniHigh/miniLow (node1 & node2) instead of opening new trades for every Node 3 level.

If we follow only the miniHigh/miniLows, we would be already in the trend started from previous Node3 top/bottom. I added this as an option in the EA I shared with the name as UseLevel3Nodes. Setting this option to false will only open trades on mini top/bottoms which are in line with the earlier Node3 level.
  • #6,851
  • Dec 7, 2015 5:03pm Dec 7, 2015 5:03pm
Quoting xmess7
{quote} Backtests don't really make any sense cause the EA looks to the upper TF. You only have one TF when u are backtesting, so even if the EA gets an upperTF value it is not the right one.
@XM7, you can use the PERIOD_H4 or PERIOD_D1 in the timeframe field with the current index set to zero for the indicator you are using to detect the trend from higher timeframes. I have tried to detect the trend using the stochastic on H4 frame while using the Semafor nodes on H1, but the trade results did nt work that well for me..
  • #6,852
  • Dec 7, 2015 11:01pm Dec 7, 2015 11:01pm
Quoting Checkz
{quote} I will run EA on Aud/Usd instead of NZD/Usd since you want us to compare results on the same pairs
Thnx Checkz. You didn't have to do that. I was kinda hoping yer effort would show NZDUSD and how the EA behaves there.

Anyhow. Here's an update on the trading I have had with the EA so far in the last 24 hrs.
My basic settings are as follows:
UseAutoTrend=Yes
TestTradeOn_AverageRange=Yes
MMType=LotSizeBasedOnRisk
PercentRisk=3.0
Target_TakeProfit=_1to1
CloseHalf_LeaveRestBE=Yes

Last week I saw a $270 profit:
http://www.forexfactory.com/attachment.php?attachmentid=1805642&d=1449214128

In the last 24hrs profit is at $380. Why more in just 1 day? Cause last week I started with PercentRisk=1.
Attached Image (click to enlarge)
Click to Enlarge Name: 12_7_2015_FreebieEA_Status.jpg Size: 254 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #6,853
  • Dec 7, 2015 11:06pm Dec 7, 2015 11:06pm
Quoting xmess7
{quote} Thnx Checkz. You didn't have to do that. I was kinda hoping yer effort would show NZDUSD and how the EA behaves there. Anyhow. Here's an update on the trading I have had with the EA so far in the last 24 hrs. My basic settings are as follows: UseAutoTrend=Yes TestTradeOn_AverageRange=Yes MMType=LotSizeBasedOnRisk PercentRisk=3.0 Target_TakeProfit=_1to1 CloseHalf_LeaveRestBE=Yes Last week I saw a $270 profit: http://www.forexfactory.com/attachment.php?attachmentid=1805642&d=1449214128 In the last 24hrs profit is at $380. Why more...
ok I will follow the Nzd/usd
No trade so far
  • #6,854
  • Dec 7, 2015 11:15pm Dec 7, 2015 11:15pm
Quoting bhaskaruni
{quote} @Xm7 I am using the Semafor indicator with delta as 0 and remaining other MA settings default. The repainting of semafor Node 3 top/bottom is a big issue, So I thought it would work better when we enter the trade only on miniHigh/miniLow (node1 & node2) instead of opening new trades for every Node 3 level. If we follow only the miniHigh/miniLows, we would be already in the trend started from previous Node3 top/bottom. I added this as an option in the EA I shared with the name as UseLevel3Nodes. Setting this option to false will only open...
Interesting let me digest this and we'll talk some more. Thnx for insight
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #6,855
  • Dec 7, 2015 11:16pm Dec 7, 2015 11:16pm
Quoting Checkz
{quote} ok I will follow the Nzd/usd No trade so far
Dude I am curious about your situation. We need to get you up and running. Let me know. We can setup a teamviewer or mikogo meeting and I can help you out with whatever we need to get you going.

Take your time
Our AWESOME IMAGINATION is the true holy grail!
  • #6,856
  • Dec 7, 2015 11:23pm Dec 7, 2015 11:23pm
Quoting bhaskaruni
{quote} @XM7, you can use the PERIOD_H4 or PERIOD_D1 in the timeframe field with the current index set to zero for the indicator you are using to detect the trend from higher timeframes. I have tried to detect the trend using the stochastic on H4 frame while using the Semafor nodes on H1, but the trade results did nt work that well for me..
Right now I am only using the 3sema to detect the higher TF trend direction. Yes, we could do what you mention. In fact I can make even EASIER, just have the user set the direction of upperTrend manually. The critical element are the pivot levels. Right now in the code they are based on calculating the Daily TF. I am working on code that will enable the calculation of any TF. It will handle any number of periods the user selects. Like now the user can select how many days back they want to see the indicator. Instead of Days it will be PERIODS or INTERVALS, where they can be Hours, Days, Weeks instead of just Days.

Anyway once I get this EA working that is the next part to deal with....
Our AWESOME IMAGINATION is the true holy grail!
  • #6,857
  • Dec 7, 2015 11:28pm Dec 7, 2015 11:28pm
Quoting leougo
Another signal on GBPJPY. {image}
leougo: I made an update to the Alerts section of both the EA and indicator. Pls download indicator and continue testing Popup alerts. thnx

Guys you don't have to download it now, you can download this minor update later at the end of the week. This minor change does nothing to the overall code approach.

As usual the update files are always on my server at this webpage: http://xm7.info/ea.freebie
Attached File(s)
File Type: ex4 xm7_Freebie_Indicator_v2.ex4   45 KB | 204 downloads
File Type: ex4 xm7_Freebie_EA_v2.ex4   41 KB | 168 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #6,858
  • Dec 7, 2015 11:31pm Dec 7, 2015 11:31pm
Quoting keysharp
{image} two good trades. Since loading V2 have had nothing but wins on AUDUSD and USDJPY. 5 trades today. However no trades on EURUSD or Gold which I am trying. The demo account for the past week is up about 5.6%.
keysharp: Yep, in my case I am seeing +7% in the week and day it has been running. If all goes well this week should show a considerable % move cause now I am using 3% instead of a 1% risk. What I have noticed is that the CloseHAlf is really doing a job. Wait till we see the 1st BE that takes OFF. Then we'll see a real crazy % gain.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,859
  • Dec 7, 2015 11:44pm Dec 7, 2015 11:44pm
Quoting xmess7
{quote} Dude I am curious about your situation. We need to get you up and running. Let me know. We can setup a teamviewer or mikogo meeting and I can help you out with whatever we need to get you going. Take your time
thanks I don't know anything about teamviewer or mikogo but if it doesn't work we will have to figure out something. thanks for the help
  • #6,860
  • Dec 8, 2015 12:09am Dec 8, 2015 12:09am
Quoting Checkz
{quote} thanks I don't know anything about teamviewer or mikogo but if it doesn't work we will have to figure out something. thanks for the help
Download Mikogo (mikogo.com I think) it doesn't hurt to have it ready. That will allow us to share desktops. If u don't feel comfortable I can show u my desktop and walk you thru the setup and what to expect ETC ETC ETC. Otherwise we can work on your machine directly.
Our AWESOME IMAGINATION is the true holy grail!
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