Price Action Trading with Indicators! The Freebie System | Page 364 | 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

  • #7,261
  • Jan 13, 2016 8:21pm Jan 13, 2016 8:21pm
No trade was placed but an arrow popped up. It is where the red line is
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (58).png Size: 100 KB
  • #7,262
  • Edited 11:09pm Jan 13, 2016 10:41pm | Edited 11:09pm
Quoting navk
{quote} Hi, I am testing your EA. When I loaded it is asking for some indicators. Can check why this? If I Need to have those indicators, where can can I get those. Thanks. {image}
U can get the indicators by clicking on the paperclip at the top of this webpage... they are posted.
Or u can go to http://xm7.info/ea/freebie
download all the indicators you see in the list and place them in that very folder you see on your chart.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,263
  • Jan 13, 2016 11:07pm Jan 13, 2016 11:07pm
Quoting Superpmf
{quote} OK this is what I have... 2016.01.13 16:45:00.511 xm7_Freebie_Indicator_v9 EURUSD,M15: 2016.01.13 16:45:00.511 xm7_Freebie_Indicator_v9 EURUSD,M15: === End Freebie Indicator Debug EURUSD 2016.01.14 00:30 ==== 2016.01.13 16:45:00.511 xm7_Freebie_Indicator_v9 EURUSD,M15: 2016.01.14 00:30 BUY Green Arrow 2016.01.13 16:45:00.511 xm7_Freebie_Indicator_v9 EURUSD,M15: === Start Freebie Indicator Debug EURUSD 2016.01.14 00:30 ==== 2016.01.13 16:45:00.511 xm7_Freebie_Indicator_v9 EURUSD,M15: 2016.01.13 16:00:00.371 xm7_Freebie_EA_v11 EURUSD,M15:...

Yes that is the problem. I am looking at the code and you should either have up or down indication for upper Trend.
Do u have #MTF_Heiken_Ashi_xm7.ex4 in your indicator folder?

Anyway just in case something was missed these are the files you need:
xm7_pivots.ex4"
3_Level_ZZ_SemaforXm7.ex4"
Heiken Ashi.ex4"
#MTF_Heiken_Ashi_xm7.ex4"

Go ahead and download them and the latest EA from http://xm7.info/ea/freebie
Our AWESOME IMAGINATION is the true holy grail!
  • #7,264
  • Jan 13, 2016 11:10pm Jan 13, 2016 11:10pm
Quoting Checkz
No trade was placed but an arrow popped up. It is where the red line is {image}
Checkz show more of the Expert Tab Log. There should be an Indicator Debug showing that a RED arrow appeared.

Thnx and good catch
Our AWESOME IMAGINATION is the true holy grail!
  • #7,265
  • Jan 14, 2016 12:20am Jan 14, 2016 12:20am
Update:
Found a real simple bug. Instead of searching for a 3sema 4 to 1 dot before signal candle. I had it searching 3 to 1.
Corrected mistake.

Updated Indicator and EAs
Sorry Dutch's I didn't change the revision ... I am sleepy
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v12.ex4   70 KB | 216 downloads
File Type: ex4 xm7_Freebie_EA_Mulitv10.ex4   71 KB | 227 downloads
File Type: ex4 xm7_Freebie_Indicator_v10.ex4   70 KB | 265 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #7,266
  • Jan 14, 2016 12:24am Jan 14, 2016 12:24am
As promised... v12 inputs... and what the new ones mean.
Attached Image (click to enlarge)
Click to Enlarge Name: Freebe_v12_Inputs.jpg Size: 196 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #7,267
  • Edited 2:31am Jan 14, 2016 1:44am | Edited 2:31am
Quoting xmess7
{quote} Yes that is the problem. I am looking at the code and you should either have up or down indication for upper Trend. Do u have #MTF_Heiken_Ashi_xm7.ex4 in your indicator folder? Anyway just in case something was missed these are the files you need: xm7_pivots.ex4" 3_Level_ZZ_SemaforXm7.ex4" Heiken Ashi.ex4" #MTF_Heiken_Ashi_xm7.ex4" Go ahead and download them and the latest EA from http://xm7.info/ea/freebie

Yes, I have all of the above indicators loaded. One question though about the Heiken Ashi.ex4 file...is that the one that came with Metatrader 4? Cuz...that's the one I have attached? If that's not the same file, I will download the one that you have listed. Please let me know.


Update.... the Experts Tab just spat out the following error:
"EURUSD Error in SendTrade(): OP_BUY order send failed with error(149)"

Also...the latest debug just before the error message did have a statement about Upper Trend being long. I'm wondering why it did not have one in the previous debugs?

In the meantime, I will download your latest EAs.
  • #7,268
  • Jan 14, 2016 8:20am Jan 14, 2016 8:20am
HI Jess,

I finally figured out my issue with the EA and the indicator. I have several laptops going , and on the one setup with the EA, I had a big market indicator that was covering up the error message showing that I was missing several files.

Its working now on FXDD!
  • #7,269
  • Edited 8:46am Jan 14, 2016 8:28am | Edited 8:46am
Quoting Superpmf
{quote} Yes, I have all of the above indicators loaded. One question though about the Heiken Ashi.ex4 file...is that the one that came with Metatrader 4? Cuz...that's the one I have attached? If that's not the same file, I will download the one that you have listed. Please let me know. Update.... the Experts Tab just spat out the following error: "EURUSD Error in SendTrade(): OP_BUY order send failed with error(149)" Also...the latest debug just before the error message did have a statement about Upper Trend being long. I'm wondering why it did...
Thnx for showing the error. That helps alot.
The error pertains to: ERR_TRADE_HEDGE_PROHIBITED

Go ahead and download EA_v12 and yes the heiken ash is not the MT4 default.
That would make alot of sense... since there is no HA indicator the upperTrend detection would always be nothing and you would never see and HA candles on the 15min TF. What you saw was probably a glitch and somehow the higherTrend was set to 1 (Which is long).
I don't have any provision for such a case in the code, I thought that folks would just download the indicators directly from this forum or the website call out.
Hmm.... next version I will implement that...

If you continue to have problems lets do a desktop share, I can guide u thru and correct any problems.
Let me know, I am in California, hopefully your TimeZone is nearby

LESSON LEARNED
Our AWESOME IMAGINATION is the true holy grail!
  • #7,270
  • Jan 14, 2016 8:42am Jan 14, 2016 8:42am
Folks:

This week has revealed a couple of things:
1. All conditions are met and Indicator shows an arrow but EA does not take trade
2. EA takes a trade for no reason
3. If MT4 HA is used, EA will not detect higherTF Indicator nor 15min HA candles, an thus no trades..
4. Dang indicator kinda refreshes when a new hour appears.
5. Unfortunately the REPAINT monster has appeared for the HA Upper TF indicator.

Yep last nite as I was looking at some of the charts I noticed that when I refreshed the indicator that many arrows where either gone or new arrows appears with different color. So based on that I would assume that the EA would follow suit and take erroneous trades. At the moment they only way I can think of dealing with this is to just post pone trading till next day. For example I usually start the EA on Sunday evening, which is around midnight in London or even next day. I am considering starting the EA on Monday evening instead. I have done this with one of my EAs, true that EA is used on a H4 TF but so far delaying the EA start has yielded more winners and alot less losers.

This week also marks the start of the EA being used in stocks. Once this week is over I will provide a status update. In the mean time be patient, keep bringing in those errors (with expert tab and any log information).

Oh one thing... I am going to do a little deviation with the next version. I already have the next version 13 ready but I am going to make more changes to it. The EA will become VERY EXTREMELY LEAN lol so stay tuned I want to see if this will eliminate some of those discrepancies we see between indicator and EA.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,271
  • Jan 14, 2016 8:46am Jan 14, 2016 8:46am
Quoting dallmanb
HI Jess, I finally figured out my issue with the EA and the indicator. I have several laptops going , and on the one setup with the EA, I had a big market indicator that was covering up the error message showing that I was missing several files. Its working now on FXDD!
dallmanb:
What was the issue? I forgot..
Our AWESOME IMAGINATION is the true holy grail!
  • #7,272
  • Jan 14, 2016 9:49am Jan 14, 2016 9:49am
Quoting xmess7
{quote} dallmanb: What was the issue? I forgot..
I was not getting any trades or any arrows to work.

ALso, have you considered to look at the H1 & H4 HA candles for trend?


Thanks Jess!!
  • #7,273
  • Jan 14, 2016 10:50am Jan 14, 2016 10:50am
Quoting dallmanb
{quote} I was not getting any trades or any arrows to work. ALso, have you considered to look at the H1 & H4 HA candles for trend? Thanks Jess!!
Adding more indicators for the detection of the trend isn't going to help. By adding more to an indicator or simple adding more indicators, all u are doing is shifting down the number of times you trade. The ratio of winners/loser, I don't think, change by much. You are still going moments where mr repaint appears and sends it all to hec. However the thing that is REALLY important is getting those trade errors completely fixed. It's one thing to lose cause mr repaint messed with it, its another when the EA didn't or did take a trade when it wasn't or was supposed to. Those are things YOU CAN control and well what you control you control LOL.

What I have experienced is that you have a good approach, you minimize your exposure in terms of trading less, and you let BE runners run and run.
So what happens, yes you have losers but they are fewer and then when a couple of BE runners appear you wait it out and voala all losses are forgiven and u are left with awesome profit.

In the beginning it can be difficult especially if you start out with a string of losses. You have to pysch yourself and just go through the motions exactly as you plan them. Well in this case you have to LET the EA RUN LOL. Your job would be to decide when to close trades ONLY when YOU are in a position of PROFIT. That would be the only time you would intervene using this EA.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,274
  • Jan 14, 2016 10:59am Jan 14, 2016 10:59am
Quoting xmess7
{quote} Thnx for showing the error. That helps alot. The error pertains to: ERR_TRADE_HEDGE_PROHIBITED Go ahead and download EA_v12 and yes the heiken ash is not the MT4 default. That would make alot of sense... since there is no HA indicator the upperTrend detection would always be nothing and you would never see and HA candles on the 15min TF. What you saw was probably a glitch and somehow the higherTrend was set to 1 (Which is long). I don't have any provision for such a case in the code, I thought that folks would just download the indicators...


Sure. Just so you know, I did manually open a short order just before the error appeared. That should be the only reason why I got that error. In other words, I think the trade would have placed successfully had I not had that order open.

I also went to your webpage with the indicators and I can't seem to download the Heiken Ashi file. Can you please post it on here?

Since my last post, a couple of orders did get executed.

I actually attached the EA to both EURUSD M15 and GBPUSD M15. The EURUSD order had the correct size of 0.10, but for some reason the GBPUSD Order had a size of 3.39.

Please refer to the following debug statements:

2016.01.14 08:30:00.232 xm7_Freebie_EA_v11 EURUSD,M15: open #87271050 buy 0.10 EURUSD at 1.08986 ok
2016.01.14 06:45:00.100 xm7_Freebie_EA_v11 GBPUSD,M15: open #87265369 sell 3.39 GBPUSD at 1.43932 ok

One last thing for now, I've been getting a different error after the trades have been executed:

2016.01.14 08:30:00.334 xm7_Freebie_EA_v11 EURUSD,M15: EURUSD Error in ModifyOrder(): SL/TP order modify failed with error(141).

Any idea why I would be getting this?

And yes, I'd be happy to do a desktop share if I continue to have problems that cannot be resolved through this forum.
  • #7,275
  • Jan 14, 2016 3:15pm Jan 14, 2016 3:15pm
Quoting Superpmf
{quote} Sure. Just so you know, I did manually open a short order just before the error appeared. That should be the only reason why I got that error. In other words, I think the trade would have placed successfully had I not had that order open. I also went to your webpage with the indicators and I can't seem to do........
Super:
Error 141 refers to too many requests. I don't think the EA did that.

What setting are us using under MoneyManagement?? There are two drop down selections: LotSizeBasedOnRisk and FixedLots.
If you use FixedLotsthen whatever you placed under FixedLotSize that is what the EA will use that value no matter what. The Lotsize will always be fixed.
If u select LotSizeBasedOnRisk then it will use the number u placed in RiskPercent to calculate the lotsize based on Stop Loss distance and the Percentage u are willing to risk for the trade. So the lotsize will change from trade to trade cause the Stop Loss ranges are different. So as you can imagine if u have a real small stop loss distance and then using the LotSizeBasedOnRisk option will yield a big lotsize. The EA will then consider to see if u have anough margin or if you have reached the maximum broker limit. If those conditions don't meet then the lotsize will be set to the max the broker allows.

LOL after all that explanation .... basically if u want to control your lotsize yourself just select FixedLot for MoneyManagementType and set your own lot size under FoxedLotSize.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,276
  • Edited 4:11pm Jan 14, 2016 3:58pm | Edited 4:11pm
Quoting xmess7
{quote} Super: Error 141 refers to too many requests. I don't think the EA did that. What setting are us using under MoneyManagement?? There are two drop down selections: LotSizeBasedOnRisk and FixedLots. If you use FixedLotsthen whatever you placed under FixedLotSize that is what the EA will use that value no matter what. The Lotsize will always be fixed. If u select LotSizeBasedOnRisk then it will use the number u placed in RiskPercent to calculate the lotsize based on Stop Loss distance and the Percentage u are willing to risk for the trade....

Interesting. I was fairly certain I had kept the factory parameters on there for both pairs which should not have changed the lot size.

Anyway, I will be mindful of this in the future.

Could you please post the Heiken Ashi.ex4 file? Your webpage only lets me download it as an html file.

Also...what do you think could be causing the "too many requests" error?
  • #7,277
  • Edited 11:35pm Jan 14, 2016 5:12pm | Edited 11:35pm
Quoting Superpmf
{quote} Interesting. I was fairly certain I had kept the factory parameters on there for both pairs which should not have changed the lot size. Anyway, I will be mindful of this in the future. Could you please post the Heiken Ashi.ex4 file? Your webpage only lets me download it as an html file. Also...what do you think could be causing the "too many requests" error?
Looks like your browser does not like the space that is in the indicators filenamet.
Have u tried right clicking and selecting "save link as" ??

You could also find it by clicking on the paper clip and searching for the last post where I post all the indicators....

Lol what the hek HERE!
Attached File(s)
File Type: ex4 Heiken Ashi.ex4   12 KB | 210 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #7,278
  • Jan 14, 2016 10:14pm Jan 14, 2016 10:14pm
Quoting xmess7
{quote} Adding more indicators for the detection of the trend isn't going to help. By adding more to an indicator or simple adding more indicators, all u are doing is shifting down the number of times you trade. The ratio of winners/loser, I don't think, change by much. You are still going moments where mr repaint appears and sends it all to hec. However the thing that is REALLY important is getting those trade errors completely fixed. It's one thing to lose cause mr repaint messed with it, its another when the EA didn't or did take a trade when...
I hear what your saying, you could drive yourself crazy trying to find all the right combination of indicators. I do have 2 small requests:

1. Can you add a sound to the Indicator? (SoundOn - True/false Soundfile - alert.wav)
2. Instead of using the max candle size, could you make it the max stop loss size? (Most of the moves on the M15 would not BE if the SL was lets say, > 50 pips.)

Thanks Jess!
  • #7,279
  • Jan 14, 2016 11:34pm Jan 14, 2016 11:34pm
Quoting dallmanb
{quote} I hear what your saying, you could drive yourself crazy trying to find all the right combination of indicators. I do have 2 small requests: 1. Can you add a sound to the Indicator? (SoundOn - True/false Soundfile - alert.wav) 2. Instead of using the max candle size, could you make it the max stop loss size? (Most of the moves on the M15 would not BE if the SL was lets say, > 50 pips.) Thanks Jess!
I'll add the sound option on later on the next version....

The second request is basically already there. All you need to do is set the StopLoss Input to whatever number you prefer and it will override the standard stoploss (top or bottom of the last 3sema dot). So is that correct? Is that what u are after? Cause If we have MAX STOPLOSS then I could essenatilly pick 10pips. You are still going to get BEs. Perhaps u mean minimum StopLOSS ? If that is the case then how do u want the EA to handle say a stop loss that was less than the minimum you selected? No Trade? Let me know THY thoughts. LOL

Good stuff, this is the things we need to work on, not adding more indicators or tweaking the current ones, but money management. Dredding already provided a real great system.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,280
  • Jan 15, 2016 12:19am Jan 15, 2016 12:19am
Quoting xmess7
{quote} Looks like your browser does not like the space that is in the indicators filenamet. Have u tried right clicking and selecting "save link as" ?? You could also find it by clicking on the paper clip and searching for the last post where I post all the indicators.... Lol what the hek HERE! {file}

Hey thanks Xmess!

I've got your v12 loaded along with the correct Heiken Ashi indicator...seems to be working much better.

Will v13 include the price action setup recognition? Or is that still later on down the road?
38 traders viewing now