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Price Action Trading with Indicators! The Freebie System

  • #7,741
  • Mar 2, 2016 2:22pm Mar 2, 2016 2:22pm
Quoting Superpmf
Hey Jess...just got all your messages. Thank you. I just looked in my Experts tab and did not see any entry for OpenTrendLine...where else would this info be posted?
Superpmf:
Let me check my debug version, I thought I had placed it on your the versions u guys are testing as well.. Not home yet. I will get back to u on that.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,742
  • Mar 2, 2016 2:24pm Mar 2, 2016 2:24pm
Quoting keysharp
been a slow day. The 4Hr demo only picked up one trade (positive), the demo with daily TF had one manual trade and one EA trade and all positive. The hourly live account had 5 trades and only one was a loss.

keysharp:
I am liking your results. Upper TF rules... just got to wait man.. Go play and then look later and u will see everything in profit and close it... DONE FOR THE WEEK.
Then repeat again next week... it'll be a game LOL.

Patience is KING....
Our AWESOME IMAGINATION is the true holy grail!
  • #7,743
  • Mar 2, 2016 2:27pm Mar 2, 2016 2:27pm
Quoting keysharp
been a slow day. The 4Hr demo only picked up one trade (positive), the demo with daily TF had one manual trade and one EA trade and all positive. The hourly live account had 5 trades and only one was a loss.
Not too good for me today
I had 3 full losers, 1 partial loser and 1 current trade open (not a runner yet)
All were H1 or H4
Settings default except yes to close half at BE
Oanda

Oh I also had 2 trades that were opened and then closed within 5 seconds.
  • #7,744
  • Mar 2, 2016 2:37pm Mar 2, 2016 2:37pm
Quoting pp22
{quote} Not too good for me today I had 3 full losers, 1 partial loser and 1 current trade open (not a runner yet) All were H1 or H4 Settings default except yes to close half at BE Oanda Oh I also had 2 trades that were opened and then closed within 5 seconds.
I don't close half and my autotrend is 3sema. I tried the others and I feel that this one just works. Otherwise all else is default.
  • #7,745
  • Mar 2, 2016 3:39pm Mar 2, 2016 3:39pm
Quoting pp22
{quote} Not too good for me today I had 3 full losers, 1 partial loser and 1 current trade open (not a runner yet) All were H1 or H4 Settings default except yes to close half at BE Oanda Oh I also had 2 trades that were opened and then closed within 5 seconds.

pp22: What broker are u using?

Keysharp good to know I will change the inputs to the Tallinex demo I am running. Since I am only running on Tallinex demo I will use H1.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,746
  • Mar 2, 2016 8:53pm Mar 2, 2016 8:53pm
This will absolutely drive you nuts! The yellow dot is at the top of the long trade, I close it out because the other time frames also have the yellow dot and low and behold the EA enters another long with the yellow at the top. Now this is on the daily demo. The othe live and 4Hr demo do not have these trades. So something is going on. I am going to let it go and see what happens.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 14 KB
  • #7,747
  • Mar 2, 2016 11:06pm Mar 2, 2016 11:06pm
Quoting keysharp
This will absolutely drive you nuts! The yellow dot is at the top of the long trade, I close it out because the other time frames also have the yellow dot and low and behold the EA enters another long with the yellow at the top. Now this is on the daily demo. The othe live and 4Hr demo do not have these trades. So something is going on. I am going to let it go and see what happens. {image}
keysharp:
Slap on the indicator... see if it has two arrows for the previous and the current candle.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,748
  • Mar 2, 2016 11:15pm Mar 2, 2016 11:15pm
Isn't this marvelous... just wish it was my real account LOL.

Oanda demo with Candles=Patterns.

This week represents the ideal week on this demo. Early entriy, very few trades, small losers, and then...We've got a runner....
Attached Image (click to enlarge)
Click to Enlarge Name: Freebie_EURAUD_PatternsNoStochs_Runner.jpg Size: 216 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #7,749
  • Mar 2, 2016 11:38pm Mar 2, 2016 11:38pm
Update to EA v13.6

NOthing MAJOR. If you don't want to restart your MT4 or reload the EA you can wait till next week to get this download.

Added OpenTrendLine value to EXPERT TAB print statements.
If price is above this value EA considers upperTF LONG, if below then EA considers upperTG Short.
You will see the value once whenever the EA starts up and
for each UpperTF period Change. Example u are on 15min then each new day their will be a new value for OpenTRendLine
if u are trading on H4 then when new Week starts you will have a new OPenTRendLine.

Cleared up some of the no margin print outs.
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v13.6.ex4   123 KB | 171 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #7,750
  • Mar 3, 2016 4:13am Mar 3, 2016 4:13am
Quoting xmess7
Update to EA v13.6 NOthing MAJOR. If you don't want to restart your MT4 or reload the EA you can wait till next week to get this download. Added OpenTrendLine value to EXPERT TAB print statements. If price is above this value EA considers upperTF LONG, if below then EA considers upperTG Short. You will see the value once whenever the EA starts up and for each UpperTF period Change. Example u are on 15min then each new day their will be a new value for OpenTRendLine if u are trading on H4 then when new Week starts you will have a new OPenTRendLine....
Is this EA similar to v13.4 that will not close trade if buffer is exceeded an a opposite dot appears on a current candle and or previous candle any semafor dot.
  • #7,751
  • Mar 3, 2016 4:43am Mar 3, 2016 4:43am
Quoting xmess7
Update to EA v13.6 NOthing MAJOR. If you don't want to restart your MT4 or reload the EA you can wait till next week to get this download. Added OpenTrendLine value to EXPERT TAB print statements. If price is above this value EA considers upperTF LONG, if below then EA considers upperTG Short. You will see the value once whenever the EA starts up and for each UpperTF period Change. Example u are on 15min then each new day their will be a new value for OpenTRendLine if u are trading on H4 then when new Week starts you will have a new OPenTRendLine....

Hi,

Thanks for all those updates.
I got lost with all the options I'm with v13.5 and will post a screenshot of the last days' trades, so far, several small wins and losses on M15 (more losses then wins).


Regards.
  • #7,752
  • Mar 3, 2016 5:53am Mar 3, 2016 5:53am
Quoting Checkz
{quote} Is this EA similar to v13.4 that will not close trade if buffer is exceeded an a opposite dot appears on a current candle and or previous candle any semafor dot.
Checkz:

None of that part has changed. v13.5 has a fix for the folks that use NoSunday Candles. So if yer broker does not use a Sunday candle then u no problem with continued use of v13.4. But I do recommend u start using v13.6 next week. It has more print statements that will help us debug stuff. For example say u see a trade and it makes no sense to you cause according to the indicators and stuff it should not be taken. So then u look at the log and see the new OpenTrendLine price level. Then u compare the close of the signal candle to that and then u realize why the trade was not taken.

Plus there was a confusing comment I placed when there is no margin LOL, so I clarified that.

So as u can see it does not affect the operation of the previous 13.4 EA, but I do recommend u load it next week so u can have that debug info available.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,753
  • Mar 3, 2016 5:58am Mar 3, 2016 5:58am
Quoting Reamasesa
{quote} Hi, Thanks for all those updates. I got lost with all the options I'm with v13.5 and will post a screenshot of the last days' trades, so far, several small wins and losses on M15 (more losses then wins). Regards.

Reamasesa:
Don't get discouraged! WE are very close... so close I can feel the pips LOL. Look if we can figure out how to get rid of 90% of the full stops then I guarantee that this EA will be profitable.... cause think about it... the small losers can and will keep your account in the game... until those big runners come. They always come and when they come the EA looks like the best thing in the world cause it can do no wrong... winners everywhere. Don;t u remember what we went thru around Nov/Dec? The EA was averaging 20% a week and that was with all the bugs in it too. The same thing will happen when the markets align.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,754
  • Mar 3, 2016 10:45am Mar 3, 2016 10:45am
Quoting xmess7
{quote} Reamasesa: Don't get discouraged! WE are very close... so close I can feel the pips LOL. Look if we can figure out how to get rid of 90% of the full stops then I guarantee that this EA will be profitable.... cause think about it... the small losers can and will keep your account in the game... until those big runners come. They always come and when they come the EA looks like the best thing in the world cause it can do no wrong... winners everywhere. Don;t u remember what we went thru around Nov/Dec? The EA was averaging 20% a week and that...
Hi,

Thanks!
So far this is how my v13.5 is looking.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 80 KB
  • #7,755
  • Mar 3, 2016 11:03am Mar 3, 2016 11:03am
Jess...

v13.6 is not printing any OpenTrendLine info. I just had it open a BUY trade on USD/JPY and there is no such line of info in the debug.

It only printed once when I loaded the EA.
  • #7,756
  • Mar 3, 2016 11:10am Mar 3, 2016 11:10am
Well I did it again, closed at .7335 and look where it is now. This is lack of faith.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 12 KB
  • #7,757
  • Mar 3, 2016 11:13am Mar 3, 2016 11:13am
I have to say, that the daily TF did well last night and today. Only two trades but they are profitable.
  • #7,758
  • Mar 3, 2016 11:22am Mar 3, 2016 11:22am
This is my demo with daily TF. The large losing trade is a manual trade that I am holding to probably clear in a few days. The daily has been in force for three candles.
Attached Image (click to enlarge)
Click to Enlarge Name: AssetsFx MetaTrader4.png Size: 94 KB
  • #7,759
  • Mar 3, 2016 11:31am Mar 3, 2016 11:31am
Quoting Superpmf
Jess... v13.6 is not printing any OpenTrendLine info. I just had it open a BUY trade on USD/JPY and there is no such line of info in the debug. It only printed once when I loaded the EA.
Yea, I was lazy. I didn't include it in the debug list when a condition is met. Other than when the EA starts up you should see a the value of OPenTrendLine printer each time a new period opens up. By Period I mean upper TF. So anything under H4 the EA will print the new OpenTrendLine value when a new Day starts.
The OpenTrendLine is only calculated at the beginning of the day (or period like W1 etc). So it's only done once and u use that number for the rest of the day.

Look at the time that OpenTrendLine was printed. They key is the date. If the date is the same as your trade condition date then that OpenTrendLine is what u use to make comparisons with the close of the signal candles.
Our AWESOME IMAGINATION is the true holy grail!
  • #7,760
  • Mar 3, 2016 11:56am Mar 3, 2016 11:56am
Quoting keysharp
Well I did it again, closed at .7335 and look where it is now. This is lack of faith. {image}
keysharp: I did the same thing last week lol... In my case I just got into a "if suspicious close it" mode LOL.
Our AWESOME IMAGINATION is the true holy grail!
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