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Price Action Trading with Indicators! The Freebie System

  • #8,161
  • Apr 25, 2016 5:16am Apr 25, 2016 5:16am
Xmess...my EA stopped ...saying weekly profit reached even i changed the parameter ...but still not working..let me know the solution..its showing wrong profit 4230% ...
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  • #8,162
  • Apr 25, 2016 6:17am Apr 25, 2016 6:17am
Hi to everyone ,

Can I ask if any of you has the zz 3 level semafor , which shows the lower time frame number 3 painted in the higher timeframe like this one in the picture

thanks in advance
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  • #8,163
  • Apr 25, 2016 7:41am Apr 25, 2016 7:41am
Quoting Sathis
Xmess...my EA stopped ...saying weekly profit reached even i changed the parameter ...but still not working..let me know the solution..its showing wrong profit 4230% ... {image}
WOW Great job over 2000% percent, that was fast... Do tell your secret please? LOL

You may need to go manual in terms of taking a profit target.
Make sure u have the latest 3C EA, that +2000% is obviously not correct.
First set it to the Weekly Target Profit to 0 and reload the EA.

The EA will start working, however now you have to decide when to close all the trades.
But if you want to set a new Targer profit, you will have to determine what the actual profit was and add whatever percent u need.
For example, I had set the target originally on the set file I uploaded to 5%. So if your EA hit 5% and u want to set a new target say at 6%. Then you need to enter 5+6 or 11%. You only do this for this week. Once the next week starts you need to set it back to the percent you want.

The reason for this is cause the EA right now remembers the percentage of profit for this week. It isn't until Sunday comes around that the EA will forget and start over.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,164
  • Apr 25, 2016 7:45am Apr 25, 2016 7:45am
Quoting Sathis
Xmess...my EA stopped ...saying weekly profit reached even i changed the parameter ...but still not working..let me know the solution..its showing wrong profit 4230% ... {image}
Sathis:
Was it 2.4% that you set the Weekly Profit Target to?
See the 3rd line that represents the total profit/(starting balance). That will keep track of the profit based on the first balance that the EA registered when u fired it up.

If you need you can change that balance. Hit F3 and look for Freebie_initBal. Then just chance whatever values is next to it.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,165
  • Apr 25, 2016 7:46am Apr 25, 2016 7:46am
Quoting Reamasesa
{quote} Hi, Yes, just like you're considering the profit BE, I suggest we have a trailing profit so we can just let the profit go to where it wants to go. But leave the "traditional" SL in place for those who wish to use them still. On my platform, I didn't get any trades using the previous versions but now I see we have new ones, I'll throw them on my charts later on when I'm home again. Thanks.
Reamasesa:
Ohh... you want profit runners... that's what you want! No prob, as soon as I get a chance I will add the logic and get that going.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,166
  • Apr 25, 2016 7:54am Apr 25, 2016 7:54am
Quoting keysharp
18:20:01.428 xm7_Freebie3C_EA_v9 NZDUSD!,M15: modify #22796174 sell 5.00 NZDUSD! at 0.68576 sl: 0.69058 tp: 0.68076 ok 2 18:20:01.606 xm7_Freebie3C_EA_v9 NZDUSD!,M15: modify #22796174 sell 5.00 NZDUSD! at 0.68576 sl: 0.69054 tp: 0.68076 ok 2 18:20:01.828 xm7_Freebie3C_EA_v9 NZDUSD!,M15: modify #22796174 sell 5.00 NZDUSD! at 0.68576 sl: 0.69062 tp: 0.68076 ok 2 18:20:02.043 xm7_Freebie3C_EA_v9 NZDUSD!,M15: modify #22796174 sell 5.00 NZDUSD! at 0.68576 sl: 0.69057 tp: 0.68076 ok...................... 0 18:20:08.979 xm7_Freebie3C_EA_v9 NZDUSD!,M15:...

John:
I don't see the error anywhere. I mean the trade should of gone thru cause the SL is above the market price and the TP is below it. The only thing that I do see as different is that the TP is 50pips where the SL is like 48pips. I know u had your SL at 500, hmm. You are only having this prob with that broker u mention right? Tallinex and others are ok?
Our AWESOME IMAGINATION is the true holy grail!
  • #8,167
  • Apr 25, 2016 8:54am Apr 25, 2016 8:54am
Quoting xmess7
{quote} John: I don't see the error anywhere. I mean the trade should of gone thru cause the SL is above the market price and the TP is below it. The only thing that I do see as different is that the TP is 50pips where the SL is like 48pips. I know u had your SL at 500, hmm. You are only having this prob with that broker u mention right? Tallinex and others are ok?
Only this one broker and not all pairs either. Had a trade on the Eurodollar and it went fine. The error is in modify error.

I want to tell you about the problem I have with Boloso. I notice on the demo that pending orders are always placed beyond the yellow dot, and in reading the rules that is not the way it is supposed to go. Is this right? I see where ZZ and the yellow dot meet and the price turns and goes to the next dot and when price turns there, that last dot is where the pending order goes and in the direction of opposite of the yellow dot and zz. I don't see that happening.
  • #8,168
  • Apr 25, 2016 10:34am Apr 25, 2016 10:34am
Quoting xmess7
{quote} Sathis: Was it 2.4% that you set the Weekly Profit Target to? See the 3rd line that represents the total profit/(starting balance). That will keep track of the profit based on the first balance that the EA registered when u fired it up. If you need you can change that balance. Hit F3 and look for Freebie_initBal. Then just chance whatever values is next to it.

no i set it 5 %..now i changed that target and EA started working....time to evaluate your confidential work :-) let see ..LLOOLL
  • #8,169
  • Edited 2:58pm Apr 25, 2016 2:24pm | Edited 2:58pm
Guys. I just got notice that the trailing stop is causing modify errors. Please turn it off for now so I can figure whats,going on.


John,I'll explain later what the boloso code is doing and then we can take it from there.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,170
  • Apr 25, 2016 3:14pm Apr 25, 2016 3:14pm
Quoting xmess7
Guys. I just got notice that the trailing stop is causing modify errors. Please turn it off for now so I can figure whats,going on. John,I'll explain later what the boloso code is doing and then we can take it from there.
ok, gotcha
  • #8,171
  • Apr 26, 2016 3:37pm Apr 26, 2016 3:37pm
Man, what a boring week so far. Hope something happens tommorow so we can see some movement. WE NEED BAD NEWS,LOL!

Jess, the return on the explorer has the draw down included. I have had 4 trades with the impromtu closing so I am up .26 in balance gain. Tallinex hasn't done a thing for two days. Not worried.
  • #8,172
  • Apr 26, 2016 4:26pm Apr 26, 2016 4:26pm
Quoting keysharp
Man, what a boring week so far. Hope something happens tommorow so we can see some movement. WE NEED BAD NEWS,LOL! Jess, the return on the explorer has the draw down included. I have had 4 trades with the impromtu closing so I am up .26 in balance gain. Tallinex hasn't done a thing for two days. Not worried.

Well.. Guess what ! Fracken Tallinex (3C EA) hit my target 13%. I just got in from work and saw it. Oh, one thing at this company that I am visiting ,no cell phones are allowed and internet is controlled. So I don't see nothing till I get out of work LOL.

The Oanda Demo 3C needs 8 percent to reach 13..

Both Oanda (live) and Fxcm on Boloso just opened up 3 trades:
audusd buy
gbpusd buy
euraud buy

based on what I see they are all in line with the immediate trend... so lets see what happens. I anticipate these doing something when London opens.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,173
  • Apr 26, 2016 4:45pm Apr 26, 2016 4:45pm
Quoting Sathis
{quote} no i set it 5 %..now i changed that target and EA started working....time to evaluate your confidential work :-) let see ..LLOOLL
Sathis: confidential? There is no confidential its all on page 1 of this thread... well ok the 3C Ea is a variant of the original but it only eliminates the HA candles.
Are u referring to the "secret" sauce I mentioned in the early posts? LOL that didnt work LOL. All it was that I would add a condition to the upper trend stuff. The condition was that as long as price was above the the open and the indicator showed long then the trend was long. Vice versa for short. That's all LOL.

No secrets... dude... just pure honest FRAKEN trading.
Let the EA do it's job... and if u have to YOU finish the job... TAKE the PROFIT and RUN...
Rinse the EA... clean it well.. and start it up again next Sunday... then do the same thing..... ... etc etc etc
LOL.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,174
  • Apr 26, 2016 6:46pm Apr 26, 2016 6:46pm
[quote=xmess7;8894315]{quote} Well.. Guess what ! Fracken Tallinex (3C EA) hit my target 13%. I just got in from work and saw it.

I refuse to learn about stop losses, I suspect that if I didn't have all these left over trades hanging I would be in your situation. I may have to bite the bullet and do something drastic like close some losing trades.

Oh the agony of reality. I will suffer thru the night and in the morning will tell the tale. I understand that gold is consolidating and probably will for several days so I do have a little time to make up my mind. The thing that bothers me is that /dredding did say that if you are afrid to lose money then you won't make money. I guess that has to do with stop losses.

Thanks for the report on Tallinex.
  • #8,175
  • Apr 26, 2016 9:36pm Apr 26, 2016 9:36pm
Quoting xmess7
{quote} Sathis: confidential? There is no confidential its all on page 1 of this thread... well ok the 3C Ea is a variant of the original but it only eliminates the HA candles. Are u referring to the "secret" sauce I mentioned in the early posts? LOL that didnt work LOL. All it was that I would add a condition to the upper trend stuff. The condition was that as long as price was above the the open and the indicator showed long then the trend was long. Vice versa for short. That's all LOL. No secrets... dude... just pure honest FRAKEN trading....
Thanks Xmess,

my results so far ...SL hit on EU and GU , each 100 $ loss...

Floating profit is 352$...

One question..please refer the AUDUSD ...BE was set ,,but TP has removed so in this case where should i exactly exit to take the max profit ...u said trailing stop is not working..so usually how u exit the trade once the BE set in trade.
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  • #8,176
  • Apr 27, 2016 12:06am Apr 27, 2016 12:06am
Quoting Sathis
{quote} Thanks Xmess, my results so far ...SL hit on EU and GU , each 100 $ loss... Floating profit is 352$... One question..please refer the AUDUSD ...BE was set ,,but TP has removed so in this case where should i exactly exit to take the max profit ...u said trailing stop is not working..so usually how u exit the trade once the BE set in trade. {image}
MY dear friend u have a runner. A no Loss trade. Let it go. Forget about it.. move on...
I would wait till it hit 1000 pips. It will take about 4-5 weeks.

But if u want to exit out earlier. Then for now move the trailing stop manually.
Or look at a higher TF and see where there may be support. Or u can use Fibs.

Or see if your trade hit the daily average range and exit.
According to Dredding one way to get out was to look at where it hit the daily pivots.
In your case you crossed like 3 of them. So now would be a good time to exit.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #8,177
  • Apr 27, 2016 12:09am Apr 27, 2016 12:09am
Quoting Sathis
{quote} Thanks Xmess, my results so far ...SL hit on EU and GU , each 100 $ loss... Floating profit is 352$... One question..please refer the AUDUSD ...BE was set ,,but TP has removed so in this case where should i exactly exit to take the max profit ...u said trailing stop is not working..so usually how u exit the trade once the BE set in trade. {image}
Sath:
Yer up 18%, is that right? Check your Freebie_initBal (hit F3) and see if that is the same balance u started with this week. If it is then that means that 18% is correct. If that is the case your done for the week man. Close it down and start over again next Sunday...

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #8,178
  • Apr 27, 2016 12:16am Apr 27, 2016 12:16am
Quoting Sathis
Xmess...my EA stopped ...saying weekly profit reached even i changed the parameter ...but still not working..let me know the solution..its showing wrong profit 4230% ... {image}
Sath:
Your done dude.. I just verified you where up like 15 cause u started on one post with 1023.64 and in that last image I saw
1181.84. Which had u at about 15.5%. Good job... This is what you will be seeing. You will see profit during the week and then the market will take it away. Then next week u will be up again and then as you stay in the game, the market will take it away again. Continue on and you'll see this pattern. So what does that tell you? It tells u that when u are in profit just take it. This is what I have seen and it's why I place a profit target.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,179
  • Edited 3:14am Apr 27, 2016 3:01am | Edited 3:14am
2016.04.27 03:54:36.298 xm7_Freebie3C_EA_v9 USDJPYecn,M15: 2016.04.27 07:45: USDJPYecn Error in ModifyOrder(): SL/TP order modify failed with error(0)
This modify error happened on Tallinex. Cost me 110 and didn't even reach SL. Both live accounts are doing the modify error.
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  • #8,180
  • Edited 5:26am Apr 27, 2016 5:16am | Edited 5:26am
Quoting keysharp
2016.04.27 03:54:36.298 xm7_Freebie3C_EA_v9 USDJPYecn,M15: 2016.04.27 07:45: USDJPYecn Error in ModifyOrder(): SL/TP order modify failed with error(0) This modify error happened on Tallinex. Cost me 110 and didn't even reach SL. Both live accounts are doing the modify error. {image}
John I can't see the rest of the inputs did u use a fixed stop?
Also show the journal. I did the math and you should not have had those errors. You are going short, the stop is above the entry and TP is below.
According to the numbers your stop is 242 pips and your tp is 45 pips. Lets see if the journal says anything about it.
Our AWESOME IMAGINATION is the true holy grail!
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