AmazingEA: Straddle Trading Expert Advisor | Page 26 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Super Carry Trading Strategy - Expert Advisor 22 replies

Trading Journal of Baoky, Expert Advisor Trader 12 replies

Expert Advisor Bot or Manual Trading? 8 replies

MetaTrader Expert Advisor BUILDER for backtesting and auto trading 4 replies

Please help code addition to -AmazingEA- 1 reply

Attachments: AmazingEA: Straddle Trading Expert Advisor
Exit Attachments

AmazingEA: Straddle Trading Expert Advisor

  • #501
  • Mar 4, 2016 1:53am Mar 4, 2016 1:53am
hi kombela, I have also fixed it, had a look last night and the code was already there in Alan's coding so added that to the
function where the file is read. Yup, I use it for news trading, but also there are large movements on certain instruments after the London and New York open. You have to be tight with the settings though as there is sometimes a swing in the wrong direction after the trade is taken. So be careful with your settings. Like I say, I am just testing at the moment, I have had some decent results doing this manually so far and am looking to semi automate.
  • #502
  • Mar 4, 2016 9:09am Mar 4, 2016 9:09am
Hi alan thanks a lot for this great ea.
I need a little help
I used the ea for NFP. my settings are sec bpo=15 & sec bmo=7. but order was moved during news about 200 pips and opened there.this was 2nd time in this week
can you plz tell me is there anything wrong with my settings? or is it a broker issue?
Attached Image (click to enlarge)
Click to Enlarge Name: NFP.png Size: 66 KB
  • #503
  • Mar 5, 2016 8:45pm Mar 5, 2016 8:45pm
Hi Folks

Can some one suggest brokers who fill the pending orders by this "AmazingEA" without slippage.

I have used this EA extensively with a broker who filled my orders without slippage. Now I don't get that facilty from that broker any more as they found I am making only profits and no losers.

I tried couple of other brokers later without success. After seeing couple of successful trades on news releases these brokers add slippage. There are traders making profits using this EA with brokers who allow such news trading. But difficult to find such brokers unless shared by other members.

Although slippage check feature is provided in the EA to get out of the trade early with minimum loss. But I find it of no help to me. Because this EA is profitable only when the orders get filled without slippage. There may be few genuine brokers who allow such trading. I am looking for such a broker. I request if any one want to share the detail of such brokers personally please PM to me.

Thanks to all

FxOptimus
  • #504
  • Mar 6, 2016 3:52am Mar 6, 2016 3:52am
Quoting Fx-optimus
Hi Folks Can some one suggest brokers who fill the pending orders by this "AmazingEA" without slippage. I have used this EA extensively with a broker who filled my orders without slippage. Now I don't get that facilty from that broker any more as they found I am making only profits and no losers. I tried couple of other brokers later without success. After seeing couple of successful trades on news releases these brokers add slippage. There are traders making profits using this EA with brokers who allow such news trading. But difficult to find such...
I think you should try moving to the futures market, where execution is centralized. Forex is a dark world... especially MT4 which doesn't even show you the market depth.
But I don't know any Futures broker offering MT5... so.. your better guess would be to rewrite everything from scratch to a new software like TradingStation, MultiCharts, Sierra Chart and so on.
  • #505
  • Mar 6, 2016 5:08am Mar 6, 2016 5:08am
Hi FxOptimus,

I suggest you to try only truly ECN brokers, there you won't get blocked. They make money from the spread. Of course there you will have a slippage normally in volatile times. More or less slippage, depends on their system and liquidity. One problem is to find a broker that is really ECN. I guess some say that but they are not ECN at all, or not fully.
If you have a broker that fills you well and that is a market maker, you better not share it, because the more it looses the faster it will do something against it. If you have an ECN broker, and fills you well - that you could share, they will not behave differently. But, because you never know if your broker is truly ECN, you can never be sure if it's not equal to a financial suicide to share it.

For these reasons, you will unfortunately not often get positive answers for such questions. It is not the best situation, but the dark world of forex brokers make us to behave so
  • #506
  • Mar 7, 2016 12:53am Mar 7, 2016 12:53am
hello guys. may i have the download link to the latest amazing ea. i think the one im using is out dated. thanks.
  • #507
  • Mar 8, 2016 3:47am Mar 8, 2016 3:47am
Quoting pedrosimao
{quote} I think you should try moving to the futures market, where execution is centralized. Forex is a dark world... especially MT4 which doesn't even show you the market depth. But I don't know any Futures broker offering MT5... so.. your better guess would be to rewrite everything from scratch to a new software like TradingStation, MultiCharts, Sierra Chart and so on.
Thanks for your reply. I am not interested in futures trading.

Fx
  • #508
  • Mar 8, 2016 3:49am Mar 8, 2016 3:49am
Quoting kombela
Hi FxOptimus, I suggest you to try only truly ECN brokers, there you won't get blocked. They make money from the spread. Of course there you will have a slippage normally in volatile times. More or less slippage, depends on their system and liqu
What you said are all true. I will find a true ECN broker. Till such time No Amazing trading with this EA.

Fx
  • #509
  • Mar 8, 2016 5:21am Mar 8, 2016 5:21am
Hi, I'm looking for some advice on this EA. From what I understand, setting the News time Inputs to zero means the EA runs all the time, but I've tried this, and can't seem to get it to place any orders. All I want to do is to place sell orders at 10 pip intervals as the price rises, and buy orders at 10 pip intervals as the price retreats. Any help appreciated.
  • #510
  • Mar 8, 2016 2:30pm Mar 8, 2016 2:30pm
Quoting Frozen
hello guys. may i have the download link to the latest amazing ea. i think the one im using is out dated. thanks.
The latest one is always on Post 1 except for the List version by kombela, but I suggest you use the normal one generally unless you specifically need to setup many trades in advance.

Alan
  • #511
  • Mar 8, 2016 2:31pm Mar 8, 2016 2:31pm
Quoting alxforex
Hi, I'm looking for some advice on this EA. From what I understand, setting the News time Inputs to zero means the EA runs all the time, but I've tried this, and can't seem to get it to place any orders. All I want to do is to place sell orders at 10 pip intervals as the price rises, and buy orders at 10 pip intervals as the price retreats. Any help appreciated.
The EA always needs a Time to trade at so 0's effectively means Midnight. The Pending Order grid is a similar type of EA but you can't use this EA for that.

Alan
  • #512
  • Mar 8, 2016 3:54pm Mar 8, 2016 3:54pm
thanks Alan. i was using version 3 (at least i think it is) and when i come to this thread and realize you have upgraded to v7.0. luckily for me there is not much difference between the one i am using and the latest one. so i have not missed much.

i am using v3 on a demo account an in 1 day i have made 20% profit. Incredible.

for quite some time i hav been using auto ea/robots and never though i'd ever be able to manual trade. Now i just SET IT AND FORGET IT.

thanks again, Alan.
  • #513
  • Mar 8, 2016 4:07pm Mar 8, 2016 4:07pm
So i will test for 1 month on demo and if account is still profitable, needless to say, i will then go live.
  • #514
  • Mar 9, 2016 2:03am Mar 9, 2016 2:03am
Quoting Frozen
thanks Alan. i was using version 3 (at least i think it is) and when i come to this thread and realize you have upgraded to v7.0. luckily for me there is not much difference between the one i am using and the latest one. so i have not missed much. i am using v3 on a demo account an in 1 day i have made 20% profit. Incredible. for quite some time i hav been using auto ea/robots and never though i'd ever be able to manual trade. Now i just SET IT AND FORGET IT. thanks again, Alan.
You should try on a real account because the slippage is the main problem on straddle strategy and there is no slippage on demo account
  • #515
  • Mar 9, 2016 2:12am Mar 9, 2016 2:12am
hello Avo, are you saying this strategy will not be profitable on a real account because of slippage?
  • #516
  • Mar 12, 2016 3:39pm Mar 12, 2016 3:39pm
Quoting kombela
Hi FxOptimus, I suggest you to try only truly ECN brokers, there you won't get blocked. They make money from the spread. Of course there you will have a slippage normally in volatile times. More or less slippage, depends on their system and liquidity. One problem is to find a broker that is really ECN. I guess some say that but they are not ECN at all, or not fully. If you have a broker that fills you well and that is a market maker, you better not share it, because the more it looses the faster it will do something against it. If you have an ECN...

Hi man.
i dnt knw how to send attachments from message. but here is the EA to show what i meant
Attached File(s)
File Type: mq4 AmazingEA.mq4   63 KB | 648 downloads
  • #517
  • Mar 12, 2016 4:47pm Mar 12, 2016 4:47pm
Quoting Alan111S
{quote} Dude that is the spread widening the closer you get to News Time. Alan

Hi Alan

Ma man can you please add a small feature in the EA for me? Just for me please. Id realy love to have it. It is mainly to add extra pending orders in the EA that behaves like the current pending orders.

Um thinking they get prepared by three options: -

1, "extORDER-COUNT" (The number u enter for EXTRA ORDERS to play in)
>>>If i enter "4" then it adds 4 more orders that BUYS and 4 more that SELLS.


2, "extORDER-PIPS" (The number of points/distance frm other orders)
>>>If i enter "200" then the EXTRA ORDERS will be placed 20pips away from each other with the first on the extra orders at 20pips away from the primary orders of the EA.


3, "extORDER-LOTS" (Multiplies the Lot size for each extra order)
>>>If i enter "2" then the EA will take the Lot from primary order then multiplies by "2" to determine the "1st" Lot of extra order then x2 to determine the "2nd" Lot of the "2nd extra order"......


if the primary order is 0.01, then the 1st extra order will be 0.02, then the next will be 0.04, then the next will be, 0.08, then 0.16.

I noticed the current pending orders float/trail away from price between secBPO and secBAO. Please let all orders do the same.

Thats all i wish for. Please.

Regards
Statty
  • #518
  • Edited Mar 14, 2016 12:38am Mar 13, 2016 1:20pm | Edited Mar 14, 2016 12:38am
Quoting Frozen
hello Avo, are you saying this strategy will not be profitable on a real account because of slippage?
I mean slippage only appears on real account so if you test it on demo account, you will be highly profitable, but in practise (as I experienced), your order will be accepted with a lot of slippage. Some people said that there is an account with broker without slippage, I gave up, I haven't found it.
As far as I'm concerned, I only use it on AUD news because the AUD's spike goes by step (it's my opinion).
  • #519
  • Mar 18, 2016 8:43pm Mar 18, 2016 8:43pm
can not operate is Ea brokers activetrader..
not caught in backtest?
  • #520
  • Apr 10, 2016 1:38am Apr 10, 2016 1:38am
http://www.forexfactory.com/attachme...1&d=1460270132Gents,
Trying to find out why this EA automaticall opens and closes straight away, the instructions or trouble shooting guide is a bit vague. This was a back test on the AUD Retail news on the 04.04.2016 @04:30 (09:30 AWST Time). Any help would be greatly appreciated

Greg
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 147 KB
0 traders viewing now