Hi, XMess7. I finally have a (very) little time to see what you've been doing here. I wrote or modified some of the indicators here for Dredd. I am going to run this on an IC Markets demo account. I am going back through your posts now. I downloaded the files from your web address... Note: the pivots indi is named .exe, not ex4, and must be renamed or you get the error. Also the M15 EA and the Multi do not have the same Input options, so I'll stick with the M15 for now.
Price Action Trading with Indicators! The Freebie System
- #7,204
- Jan 10, 2016 2:16am Jan 10, 2016 2:16am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Also wondering how you manage the second half of the trade... at some point you have to either advance your SL or close the position. What is your thinking on this?
Welcome back. Hey I typed a long response and instead of posting it I closed the browser LOLOL. So I am going to give u the short version LOL
Differences:
Yes, the Multiv6 and EAv8 have different drop down lists. That's because I have concentrated on the m15 EA/Indicator and I can say it's just about done
. Eventually the Multi and m15 will be the same EA with indicator.Slowdown of Machines:
Good point, that will help MT4 load less stuff to memory. The EA is leaner than the Indicator. The EA does many of the calculations internally where for the indicator those are separate indicators. It also depends on how many days the user picks when using the indicator. If you only use the EA, it should not be that bad. To say the truth I have not tested it, since I only use 4 pairs.
Correction to extension of pivots indicator:
Thanx and I uploaded the current xm7_pivot file. Just want to point out that the EA/Indicator are coded to determine if any required indicator is missing. If it is missing it will tell the user what indicators are required and the exact folder that they need to be in. So no error will happen, the EA/Indicator will just do nothing until the user places the missing ex4 files. Try it, have fun LOL
Handling second trade:
I just let it ride. I don't touch the SL (which is at BE). When will I close it? Well, either when the pair hits 1000 pips or in 4-5weeks. I am a long term trader so seeing 400 pips go to nothing is not a problem for me, cause I already got the profit
. I think of the "free" trade this way, either it hits BE or it hits BIG pips LOL. I have experienced this many times, and if you look at my recent posts you will see that it's happening again . LOL funny, Dredding once asking me the same question. Too bad, I have not been able to reach him by either mail or phone (well actually I can't find his number LOL).v9 is coming soon. I already have it up and running but I need to check a couple of more things. v9 will allow the user to select more Target_TakeProfit. 1:1, 1:2, 1:3, 1:4 are the new additions. The EA/Indicator will now also consider CandleSize before taking a trade. User selects if they want the EA to use it and the size etc etc.
Even though v8 can handle stocks, it will miss entries even though they follow all the rules. I corrected this in v9 and now the EA/Indicator perform correctly on stocks.
Anyhow stay tuned, there is alot more to come.
Jess
Our AWESOME IMAGINATION is the true holy grail!
- #7,205
- Jan 10, 2016 2:26am Jan 10, 2016 2:26am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Our AWESOME IMAGINATION is the true holy grail!
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- Jan 10, 2016 1:05pm Jan 10, 2016 1:05pm
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Our AWESOME IMAGINATION is the true holy grail!
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- Jan 10, 2016 7:49pm Jan 10, 2016 7:49pm
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Our AWESOME IMAGINATION is the true holy grail!
- #7,211
- Edited Jan 12, 2016 12:01am Jan 11, 2016 12:06am | Edited Jan 12, 2016 12:01am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Our AWESOME IMAGINATION is the true holy grail!
- #7,213
- Jan 11, 2016 10:44am Jan 11, 2016 10:44am
v9 and Multiv7 Updates available: - Added more Target_TakeProft options - Added CandleSize max pips , EA will check for max pip size of candle, if it is under that then it will allow the trade. Optional, set TestSignalCandleSize=No and EA wil not use it. - Made 3semafor indicator only use 30 bars in the EAs, this will help with the CPU usage. - Added inputs to Multi EA that where not present before, they match EA v9 inputs - v9 indicator now works properly, when new day shows up the indicator will update itself correctly Below is an image of the...
Thanks a lot for the update!
I am going to test this week. Today in profit AUSUSD and USDJPY and still moving. Losses for EURUSD, USDCHF and GBPUSD.How is the HAS measuring the trend? EURUSD whole day moving down but HAS daily still green! 4Hr is red! It took some long trades.....but turned to loss. Maybe better to have the 4hr HAS and day HAS determine the trend.
Started the EA sunday 23:00, start of the week. Had a strange trade with the GBPUSD! See attachment
Question You mention "Made 3semafor indicator only use 30 bars in the EAs, this will help with the CPU usage" How many bars did it measure before? Is 30 bars enough for the Semafor?
Thanks a lot!
Happy Trading
- #7,214
- Jan 11, 2016 10:50am Jan 11, 2016 10:50am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Rich89:
Hello there. Like I usually say don't thank me nor praise me yet, LOL. Let me get prophetic and mystical LOL:
When you see the one return with great bounty
And all of the sins (missed goal or profit) forgiven
Then let us rejoice for once that one was lost but know is found.
LOL in other words when someone reports that they made an amazing profit using a REAL account and consistently too, then we can start to celebrate.
Right now all of this is just TEST TEST TEST DEBUB DEBUG and even though the results are great these are just demos...
Rich you have me an idea. Instead of trying to type out what the inputs mean and what other things that you may ned to be aware of I am going to make a video.
That will allow me to visually show what and how and why and why not and etc etc.
Anyhow here's answers to your questions.
My Settings:
UseAutoTrend=D1_HeikenAsh
MMtype=LotSizeBasedOnRisk
PercentRisk=3
The rest of the inputs are left at default
Settings explanations:
Some of the settings were added due to user suggestions. I am trying to keep the list of inputs as short and simple as possible, so I only consider the inputs that can add to money management, trade execution, and upper trend detection. I am considering removing some of the AutoTrend menu items (like _3sema and _20MA). I tested _3sema and it wasn't as affective as what I am seeing with the HA indi. As for the 20MA, no one has indicated anything or even using it. I try to make input names that can visually tell you what they do. Some inputs are just legacy, these are inputs that I found in Dredding's EA.
I am also hesitant to implement some of the ideas on this EA/Indicator that originally are not part of the rules on page 1. There is nothing wrong with them and I appreciate those that have presented them to me. The thing is that I want to keep this as close to the original idea as possible. You guys have seen how this has happened in other threads. It's worse when the original author starts to "change" his original approach by adding and adding and adding. In the end it doesn't work and it turns out to be a waste. I am considering just making separate EAs for those folks that provided the info. But then again I WANT TO START TRADING REAL MONEY on this EA LOL.
OK now to the list!!:
Pivots: Select from drop down which pivot type you want to use (Daily, Fibonacci, Camarilla)
UseAutoTrend: Select what indicator to use for upperTrend Detection (H4_HeikenAsh, D1_HeikenAsh, _3sema, _20ema, None)
TestTradeOn_AverageRange: Test trade for enuf room to move. How far is the trade from the Daily Average upper or lower limit?
Target_TakeProfit: Select what your Target TP is (_1to1, _2to1, _3to1, _4to1, NextPivot, UseDailyAverage)
CloseHalf_LeaveRest_BE: Does as it says, Closed Half the lots when trade gets to half way from open to TargetTP and leaves remaining trade at BE with no TP.
StopLoss: If any of these two is set, they override whatever TargetTP or SL was calculated or used.
TakeProfit=0;
trailSTP UseTrailingStop: As requested a trailing stop feature was added
TrailingStep: The steop in pips that will be used to move the SL as trade advances
MoneyManagementType: Two choiced for MMTye - LotSizeBasedOnRisk or FixedLot;
PercentRisk : Only used if MMtype=LotSizeBasedOnRisk and entry is %, so 4.5 means 5.4%.
FixedLotSize : Only used if MoneyManagemenType=FixedLot
Start_Time: You can set the hours that the EA will be allowed to trade.
End_Time : The hours are based on the broker time
PopUp: Gold old popup alert
Send_Email: Good old email alert. You need to go into options and setup your email server settings, etc etc
bool Send_Notification: Good old send notification alert. you need to have MT4 installed on your cellphone. you will need the MetaQuotes ID from that app.
So there you have it. Later on I am going to make a video that will have more details of what some of these inputs mean. It's really simple but it's difficult to describe via text. I think visually it will make more sense.
Stay tune I found a bug on v9 already and I am trying to see the why of what happened or didn't happen.
When reporting any problems please indicate what broker you have, send your settings, and if you can take a picture of the expert tab showing the DEBUG trade info. This will help a lot.
Take care...
Hello there. Like I usually say don't thank me nor praise me yet, LOL. Let me get prophetic and mystical LOL:
When you see the one return with great bounty
And all of the sins (missed goal or profit) forgiven
Then let us rejoice for once that one was lost but know is found.
LOL in other words when someone reports that they made an amazing profit using a REAL account and consistently too, then we can start to celebrate.
Right now all of this is just TEST TEST TEST DEBUB DEBUG and even though the results are great these are just demos...
Rich you have me an idea. Instead of trying to type out what the inputs mean and what other things that you may ned to be aware of I am going to make a video.
That will allow me to visually show what and how and why and why not and etc etc.
Anyhow here's answers to your questions.
My Settings:
UseAutoTrend=D1_HeikenAsh
MMtype=LotSizeBasedOnRisk
PercentRisk=3
The rest of the inputs are left at default
Settings explanations:
Some of the settings were added due to user suggestions. I am trying to keep the list of inputs as short and simple as possible, so I only consider the inputs that can add to money management, trade execution, and upper trend detection. I am considering removing some of the AutoTrend menu items (like _3sema and _20MA). I tested _3sema and it wasn't as affective as what I am seeing with the HA indi. As for the 20MA, no one has indicated anything or even using it. I try to make input names that can visually tell you what they do. Some inputs are just legacy, these are inputs that I found in Dredding's EA.
I am also hesitant to implement some of the ideas on this EA/Indicator that originally are not part of the rules on page 1. There is nothing wrong with them and I appreciate those that have presented them to me. The thing is that I want to keep this as close to the original idea as possible. You guys have seen how this has happened in other threads. It's worse when the original author starts to "change" his original approach by adding and adding and adding. In the end it doesn't work and it turns out to be a waste. I am considering just making separate EAs for those folks that provided the info. But then again I WANT TO START TRADING REAL MONEY on this EA LOL.
OK now to the list!!:
Pivots: Select from drop down which pivot type you want to use (Daily, Fibonacci, Camarilla)
UseAutoTrend: Select what indicator to use for upperTrend Detection (H4_HeikenAsh, D1_HeikenAsh, _3sema, _20ema, None)
TestTradeOn_AverageRange: Test trade for enuf room to move. How far is the trade from the Daily Average upper or lower limit?
Target_TakeProfit: Select what your Target TP is (_1to1, _2to1, _3to1, _4to1, NextPivot, UseDailyAverage)
CloseHalf_LeaveRest_BE: Does as it says, Closed Half the lots when trade gets to half way from open to TargetTP and leaves remaining trade at BE with no TP.
StopLoss: If any of these two is set, they override whatever TargetTP or SL was calculated or used.
TakeProfit=0;
trailSTP UseTrailingStop: As requested a trailing stop feature was added
TrailingStep: The steop in pips that will be used to move the SL as trade advances
MoneyManagementType: Two choiced for MMTye - LotSizeBasedOnRisk or FixedLot;
PercentRisk : Only used if MMtype=LotSizeBasedOnRisk and entry is %, so 4.5 means 5.4%.
FixedLotSize : Only used if MoneyManagemenType=FixedLot
Start_Time: You can set the hours that the EA will be allowed to trade.
End_Time : The hours are based on the broker time
PopUp: Gold old popup alert
Send_Email: Good old email alert. You need to go into options and setup your email server settings, etc etc
bool Send_Notification: Good old send notification alert. you need to have MT4 installed on your cellphone. you will need the MetaQuotes ID from that app.
So there you have it. Later on I am going to make a video that will have more details of what some of these inputs mean. It's really simple but it's difficult to describe via text. I think visually it will make more sense.
Stay tune I found a bug on v9 already and I am trying to see the why of what happened or didn't happen.
When reporting any problems please indicate what broker you have, send your settings, and if you can take a picture of the expert tab showing the DEBUG trade info. This will help a lot.
Take care...
Our AWESOME IMAGINATION is the true holy grail!
- #7,215
- Jan 11, 2016 11:03am Jan 11, 2016 11:03am
- Joined Nov 2008 | Status: Trader | 4,830 Posts
{quote} Hi Xmess7, Thanks a lot for the update!
Got to the ExpertTab and show me the DEBUG info for that trade. Look for it using the date of the candle before the green arrow.
I Had an opposite affect, on AUDUSD the indicator showed a Red Arrow but the EA didn't take the trade. But yours is different..
The only thing I can imagine is that at that moment ... hmmm NEVERMINE I just saw the image again and that is not the case.
Oh, you are using v8, reload it with v9. COme one man!! I added the ratios that you suggested to v9 and u don't use it?? LOL just joking
Yes, I am going to add the suggestion you mention cause it may provide a more definite signal, more so than just using one TF. I'll do that in the next version.
When I said I changed the 3semafor number of bars I was referring to the indicator not the EA. The EA has been using bars=30 since we started and so far it has been enough. I am trying to get the indicator to cut down on it's usage of CPU and memory. Remember the 3seamfor indicator is one of the indi's that can be a problem and add to the CPU or memory usage.
Just hang in there. Let the approach do it's thing. Once you get one or two runners your losses will be made up and you WILL be in more profit.
Our AWESOME IMAGINATION is the true holy grail!
- #7,216
- Jan 11, 2016 12:23pm Jan 11, 2016 12:23pm
{quote} DutchPips: Got to the ExpertTab and show me the DEBUG info for that trade. Look for it using the date of the candle before the green arrow. I Had an opposite affect, on AUDUSD the indicator showed a Red Arrow but the EA didn't take the trade. But yours is different.. The only thing I can imagine is that at that moment ... hmmm NEVERMINE I just saw the image again and that is not the case. Oh, you are using v8, reload it with v9. COme one man!! I added the ratios that you suggested to v9 and u don't use it?? LOL just joking
See the code in the attachment! The time of the trade and the computertime are different. I believe the debug is taking the computertime.
Yes, I am very happy with the new V9 and I am going to use it tomorrow! At the time the problem with the GBPUSD version 9 was not available....so......
- #7,217
- Jan 11, 2016 2:04pm Jan 11, 2016 2:04pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
{quote} Hi Xmess, See the code in the attachment! The time of the trade and the computertime are different. I believe the debug is taking the computertime. Yes, I am very happy with the new V9 and I am going to use it tomorrow! At the time the problem with the GBPUSD version 9 was not available....so......
Oops my bad, I should of known based on the hour of your GBPUSD long trade that v9 was not out yet,, my bad
.Ok, there is no problem with the time, they match the chart and it's the broker's time. However what you see in the debug is the Time of the candle WHEN the EA saw all the conditions. So if you look at your Trade Terminal for the GBPUSD trade, the trade was opened at about 2016.01.11 00:30:01.
The Debug shows that it recorded the conditions at 2016.01.11 00:15. Remember the EA debug will record all the settings on the SIGNAL candle before the trade is actually opened. The trade is opened immediately after the close of the SIGNAL Candle, you trade opened 1 micro second after.
Anyhow, notice something very interesting!!!
1st, after the debug statement you see that the EA recorded "upper trend is up". Now look ABOVE that Debug line. Two lines above the EA recorded:
xm7_Freebie_EA_v8 GBPUSD, M15: 2016.01.11 00:15 highTrend:1
In the program when highTrend=1, that means the EA saw green HAs on the upper TF, When highTrend=-1, EA saw red HA candle on upper TF.
So for whatever reason the EA detected at that moment, 2016.01.11 00:15, that the HAs on the upper TF where GREEN. Who knows what happen because all I see is RED HA bars on your chart. Is it possible that the repaint was just for one candle??. One possible way to know, maybe, is to wait till the end of this day and run that moment in the strategy tester. Maybe then we'll see a green HA candle and then see it how it repaints it to RED. This might of been a case where using TWO upper TFs might of avoided this situation. I'll program it tonite when I get home and have the update ready... hopefully..... lol
Another thing to notice is that the EA detected a low 3semafor, but we don't see it now on your chart. At first I was scratching my head but I figured it out.
The EA recorded the 3semafor value to be 1.45125:
xm7_Freebie_EA_v8 GBPUSD, M15: 2016.01.11 00:15 last 3sema dot value on 15min TF; 1.45125
Looking at the chart I can see that there must of been a dot there but when price fell the dot was erased.
These are the risks we take with the automated systems and indicators. This is were intuition might of ruled and perhaps avoided this trade.
But with the core approach of page 1 and with the MM we have, we will survive these trades and end up in profit.
How are the BE runners doing? Are they still alive? Well doesn't matter. I can tell you from experience
YOU WILL BE IN PROFIT and YOU WILL HAVE BE RUNNERS that fix all of this kind of stuff.
HANG IN THERE... DO NOT LET THESE BASTARDS AFFECT YOU. BE INDIFFERENT TO WHAT YOU DON'T WANT.
LOL
Our AWESOME IMAGINATION is the true holy grail!
- #7,218
- Jan 11, 2016 2:16pm Jan 11, 2016 2:16pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Our AWESOME IMAGINATION is the true holy grail!