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Price Action Trading with Indicators! The Freebie System

  • #7,601
  • Feb 22, 2016 11:19am Feb 22, 2016 11:19am
Quoting xmess7
{quote} mahfoozah: LOL next time just ask for whatever feature you need. Of course there is a way, HEC if you want me too I can make the indicator start your car whenever the color of one of the bars changes LOL.... I thought they already had alerts on them, don't they? Anyhow, as soon as I get a chance I'll take a look and make any modifications.
LOLs , you are a magician really i am really grateful to you dear. thanks a lot man
There is only one way to learn. It’s through action.
  • #7,602
  • Feb 22, 2016 1:38pm Feb 22, 2016 1:38pm
Quoting mahfoozah
is there any way to make this work for alerts also i mean when these trend arrows occur alert gets triggered ? that would be awesome {file}

try this
Attached File(s)
File Type: ex4 ASCTrendi_vXm7.ex4   16 KB | 182 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #7,603
  • Feb 22, 2016 1:45pm Feb 22, 2016 1:45pm
Quoting lakoenza
Hi Jess, I wanted to start the v13 version of the EA on my MT4 charts. But on every currency pair I get this error message in my experts tab: 2016.02.22 17:36:28.747 xm7_Freebie_EA_v13 EURUSD,M15: zero divide in 'xm7_Freebie_EA_v13.mq4' (197,55) Could there be a program error somewhere?
lakoenza:
But of course my friend the error is at line 197, character 55 of the code.

It says that the code is trying to do some math that involves dividing by 0 which as you know is infinity.

Its an easy fix.. I'll check it out.

But in the meantime try this. Hit F3 and remove all the information you will see in a window. These are called global variables.
Then try to load the EA without changing the default values. Let me know if that did anything.

EDIT:
Forgot to mention. Make sure your account has a balance. if the balance is zero, like in a live account that you just opened and have not funded, the EA would generate that same error. I forgot to place a check for this, since I thought that the majority would be using a demo account or funded live account.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,604
  • Edited 4:46pm Feb 22, 2016 3:47pm | Edited 4:46pm
Why did my trades close when I had the trend set to none? NEVER MIND I THOUGHT THAT THE 3 SEMAFOR CLOSING THE TRADE WAS AN OPTION FOR THE TRADER TO CHOOSE. I JUST REALIZED YOU HAVE PROGRAMMED IN THE EA. SORRY.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot (64).png Size: 107 KB
Click to Enlarge Name: Screenshot (63).png Size: 72 KB
  • #7,605
  • Feb 22, 2016 5:11pm Feb 22, 2016 5:11pm
Quoting Checkz
Why did my trades close when I had the trend set to none? NEVER MIND I THOUGHT THAT THE 3 SEMAFOR CLOSING THE TRADE WAS AN OPTION FOR THE TRADER TO CHOOSE. I JUST REALIZED YOU HAVE PROGRAMMED IN THE EA. SORRY. {image} {image}
Checkz:
On the USDCAD chart, are those missed trades that I see where the indicator arrows appear? OR did you just open the EA before that last trade?
Our AWESOME IMAGINATION is the true holy grail!
  • #7,606
  • Feb 22, 2016 5:17pm Feb 22, 2016 5:17pm
Quoting xmess7
{quote} try this {file}
i set pop up to true but not observing any alerts. let me make some changes in available options and see... i will update you further.
There is only one way to learn. It’s through action.
  • #7,607
  • Feb 22, 2016 5:57pm Feb 22, 2016 5:57pm
Quoting mahfoozah
{quote} i set pop up to true but not observing any alerts. let me make some changes in available options and see... i will update you further.
Ok I'll test it in strat tester. I made the update like real quick but did not rest it. So I'll test it in a bit and givw u a working version.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,608
  • Feb 22, 2016 6:19pm Feb 22, 2016 6:19pm
Quoting xmess7
{quote} Checkz: On the USDCAD chart, are those missed trades that I see where the indicator arrows appear? OR did you just open the EA before that last trade?
I had just reopened the EA but not my trading platform is freezing up. It keeps closing everytime I try to log in.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (65).png Size: 56 KB
  • #7,609
  • Feb 22, 2016 6:25pm Feb 22, 2016 6:25pm
Quoting xmess7
{quote} Ok I'll test it in strat tester. I made the update like real quick but did not rest it. So I'll test it in a bit and givw u a working version.
i have made some changes in available options, it is giving alerts now working perfectly fine. .... i am very much satisfied really thanks a lot for your sincere efforts .
There is only one way to learn. It’s through action.
  • #7,610
  • Feb 22, 2016 7:31pm Feb 22, 2016 7:31pm
Quoting mahfoozah
{quote} i set pop up to true but not observing any alerts. let me make some changes in available options and see... i will update you further.
this one will work. i tested it.
Attached File(s)
File Type: ex4 ASCTrendi_vXm7.ex4   16 KB | 243 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #7,611
  • Feb 22, 2016 7:45pm Feb 22, 2016 7:45pm
Quoting Checkz
{quote} I had just reopened the EA but not my trading platform is freezing up. It keeps closing everytime I try to log in. {image}

Checkz:

I ran into that problem myself. In my case it is cause I use Dropbox to host all my MQL4 folders. I do not use the folders on the hard drive, I have links that point to the Dropbox folders. This allows me to have all the files available anywhere there is an internet connection, so I don't have to copy or move anything and I can have as many MT4 with different brokers pointing to the same folders and files.

Try this... go into the MT4 folder, where terminal.exe is.
look for MetaEditor.exe and click on that.

Then once MetaEditor opens click on FILE==> Open Data Folder
Once your File Explorer opens look at the path and see if it is the local path or that "new" thing that the MetaQuotes decide to use.
That new path will have something like " ...AppData\Roaming\MetaQuotes\Terminal1\1231jk213l212312jl1"

In either case you will see a config folder. Rename that folder, rename it to something like config.bak
We do this so you can change it back to what it was for in case we need to do it.

Once you have renamed the folder re-start MT4 up again, this will create a new config folder.
It is like u are starting over, you will need to re-enter the account number. password, and the server you where using.

If the server does not show up... then close MT4
Go back to the to the folder config.bak and copy accounts.ini to the config folder
Try it again.

Let me know if u are still having problems.
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #7,612
  • Feb 22, 2016 7:46pm Feb 22, 2016 7:46pm
Quoting Checkz
{quote} I had just reopened the EA but not my trading platform is freezing up. It keeps closing everytime I try to log in. {image}
I ended up having to re-download Oanda trading platform and reinstalling the indicators. I had to take the arrow indicator off
  • #7,613
  • Feb 22, 2016 7:53pm Feb 22, 2016 7:53pm
Quoting xmess7
{quote} this one will work. i tested it. {file}
sure, using this one.
There is only one way to learn. It’s through action.
  • #7,614
  • Feb 22, 2016 8:19pm Feb 22, 2016 8:19pm
Okay I am a little confused about the #3 semafor closing a trade I just had a long trade that was closed and the #3semafor was below the low of the candle why did it close my long trade?
Attached Image (click to enlarge)
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  • #7,615
  • Feb 22, 2016 8:29pm Feb 22, 2016 8:29pm
Quoting Checkz
Okay I am a little confused about the #3 semafor closing a trade I just had a long trade that was closed and the #3semafor was below the low of the candle why did it close my long trade? {image}
this one gets repainted , right ?

xmess7, is there an indicator that does not repaint?
There is only one way to learn. It’s through action.
  • #7,616
  • Feb 22, 2016 9:53pm Feb 22, 2016 9:53pm
Quoting mahfoozah
{quote} this one gets repainted , right ? xmess7, is there an indicator that does not repaint?
mahfoozah:


As far as the 3smea yes it gets recaculated as time passes. But that is why Dredding placed the failed pivot, HA, and stoch crossing. They all work together.

Yes there are other indicators that do not do that. MAs, support/resistance... etc but as far as the 3sema... that is what it does.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,617
  • Feb 22, 2016 10:09pm Feb 22, 2016 10:09pm
Quoting Checkz
Okay I am a little confused about the #3 semafor closing a trade I just had a long trade that was closed and the #3semafor was below the low of the candle why did it close my long trade? {image}

Checkz:

This is the way it works. If on that same candle there is an opposite dot then the trade is closed ONLY if the price falls below a buffer.


The idea is that only if the trade is in profit will the EA ignore when an opposite 3sema dot appears. In your case at that instant when price fell negative below the buffer (20% of the Stoploss range or spread whichever is greater) and the EA detected an opposite 3sema dot (which would of been above the candle) that's when he EA closed the trade. Now I know u don't see the 3sema dot right? So lets do this. Tell me the broker u are using... I will test it in the strat tester to see if there was an dot when that trade happened. That is the only way we can verify that the EA detected an opposite dot in that instant.

Now, think about it. How much was the lost?? IF u are using 1% then the loss was 20% of that, so you lost 0.2%. Think about it. You can several small losses like that then comes that moment when the trade is just right and BAM you get a good runner and all those little losses will be totally erased.

Keysharp brought up the idea and I think it is worth gold cause imagine that the EA can handle times when price is ranging or very volatile and it comes out with losing very small... that is going to be awesome cause then when the trend comes along and u hit the runners you are going to totally forget about the small losers.

So right now the only thing we need to verify is that the EA is closing the trades correctly. In v12.98 I had the same scheme except that there the EA was closing the trade immediately thereby missing long runs. So I added a buffer that allows the EA to wait a little before closing it. If the trade goes positive then the EA igrnores the dots and lets the trade continue otherwise you end up with a smaller loss than if you had taken the total loss.

Below is a chart of what happened to an AUDUSD trade I had earlier. Look at the second long trade and see how the opposite 3sema dot provided a smaller loss than what I would of had.

Just think about.. it.... PATIENCE OF GRASS HOPPER PATIENCE.. LOL
Attached Image (click to enlarge)
Click to Enlarge Name: Freebie_3semaDotEXample.jpg Size: 245 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #7,618
  • Feb 22, 2016 10:16pm Feb 22, 2016 10:16pm
Quoting xmess7
{quote} Checkz: This is the way it works. If on that same candle there is an opposite dot then the trade is closed ONLY if the price falls below a buffer. The idea is that only if the trade is in profit will the EA ignore when an opposite 3sema dot appears. In your case at that instant when price fell negative below the buffer (20% of the Stoploss range or spread whichever is greater) and the EA detected an opposite 3sema dot (which would of been above the candle) that's when he EA closed the trade. Now I know u don't see the 3sema dot right? So...
Okay I see now, I thought because you kept saying #3 semafor dot that it was only looking for a #3 dot and not the #1 or #2. there was a dot the appeared above the candle when it closed I think.
  • #7,619
  • Feb 22, 2016 11:00pm Feb 22, 2016 11:00pm
Quoting Checkz
{quote} Okay I see now, I thought because you kept saying #3 semafor dot that it was only looking for a #3 dot and not the #1 or #2. there was a dot the appeared above the candle when it closed I think.
Yea is looks for any dot. The thing is that it looks like the 3sema indicator can be used to avoid bad trades.... it's another way of using it.

Tell me how much have u lost?
Our AWESOME IMAGINATION is the true holy grail!
  • #7,620
  • Feb 22, 2016 11:03pm Feb 22, 2016 11:03pm
Minor update to Indicator v11.

Nothing major, so I did not change the version number.
You will notice that sometimes the indicator is off a bit when compared to entry with EA v13.
This small fix will help to align both ....
Attached File(s)
File Type: ex4 xm7_Freebie_Indicator_v11.ex4   130 KB | 211 downloads
Our AWESOME IMAGINATION is the true holy grail!
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