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  • #7,121
  • May 20, 2016 9:41am May 20, 2016 9:41am
Ok, I see is the milanese EA... any one have experienced with basket or multiple trades?
  • #7,122
  • May 20, 2016 9:45am May 20, 2016 9:45am
Quoting cfabian
Hello guys, it's been a while since I don't post here... I was wondering if any of you can recommend and share a trade manager EA? I need a trade manager that can work with basket of trades, per pair. The whole thing I need it to do is manage all the open trades either is 1 or 5, by pair, and that calculates and places stops to break even all the basket, BE+ lock in profit, and also trail stop for the whole trades. I've tried multi purpose trade manager, but it makes my platform freeze. So need something else, an preferably that is easier to use....

The APTM has a Basket Pair Manager EA just check the link on this post.


http://www.forexfactory.com/showthre...90#post8797690
Let it turn and find your entry.
  • #7,123
  • May 20, 2016 9:46am May 20, 2016 9:46am
Overall, a solid day for me. I met my target and I spent the afternoon thinking we might see a 123(double) after that 2B from this morning. So i kept selling and jumping to BE. My theory was proved incorrect and i had a loss of 2 x 17 pips. I will admit freely, that i had a few trades I should have cut, but I was "sure about" the direction - in reality I should have cut them...or not taken them in the first place. And now I am off to walk my dog. See ya all later, Josh
Edit - updated chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Double 123 wrong.png Size: 144 KB
  • #7,124
  • May 20, 2016 12:50pm May 20, 2016 12:50pm
Quoting JoshuaHope
GER30 +40 +47 Caught my daily target. I have been having problems getting mean renko to work with any daily open line indicator...simply wont work, or if it does, doesn't work correctly. Also, my wedge lines get moved as pa develops? Note my wedge on the 5 pip chart..it was draw straight(er) before. Strange. Anyway, i caught my daily target. {image} {image}
​Might try this for DO line. Hope it helps. -Jason
Attached File(s)
File Type: ex4 Daily Range ExtendedV2.ex4   16 KB | 362 downloads
  • #7,125
  • May 20, 2016 1:05pm May 20, 2016 1:05pm
Quoting bapakjason
{quote} ​Might try this for DO line. Hope it helps. -Jason {file}
Thanks, I will give it a go. Best, Josh
  • #7,126
  • May 20, 2016 5:20pm May 20, 2016 5:20pm
Quoting Intrepidpips
{quote} The APTM has a Basket Pair Manager EA just check the link on this post. http://www.forexfactory.com/showthre...90#post8797690
Hey Intrepidpips! Have you had any troubles with repainting bricks when using MathTrader7's Renko EA?

I've pretty much settled on standard Renko Bricks after testing them all. I'm still debating whether or not I'm going to buy OVO's EA's. I was wondering if you've found one that isn't processor heavy and doesn't repaint bricks.

Thanks!
  • #7,127
  • May 21, 2016 3:03am May 21, 2016 3:03am
Quoting lKeithStone
{quote} Hey Intrepidpips! Have you had any troubles with repainting bricks when using MathTrader7's Renko EA? I've pretty much settled on standard Renko Bricks after testing them all. I'm still debating whether or not I'm going to buy OVO's EA's. I was wondering if you've found one that isn't processor heavy and doesn't repaint bricks. Thanks!
Hey iKeithStone,

I was looking into the same direction, but i think we wont find a builder that doesn't repaint. Its not because of the builders themselves, but their interpretation of mt4 platform saved tick data. If you have ever run a backtester in mt4, you might have noticed the "modeling quality" parameter in your report. Based on that data, ie 50%, you ea preforms well. Now, if you download tick data from a broker, the modeling quality goes to 99%, your ea ends up preforming very differently for that same period. So, Mt4 platform does a pi$$ poor job recording tick data.
Ovo builders, save tick data themselves, so no repainting later occurs. Alternatively, you could just not close your mt4 platform through the session and get an accurate history...but once you restart mt4 platform,it will repaint. We could look for a free builder that also saves tick data, but i am not sure one exists.

Just my 2 cents.
Have a good weekend. Best, Josh
  • #7,128
  • May 21, 2016 5:35am May 21, 2016 5:35am
Hi,
Please does anyone trade GBP/USD here, I have been trying to concentrate on that pair and master scalping on it. Can I be advised on the best SL and TP to use, and most importantly the pips to move to break even.

Thanks
  • #7,129
  • May 21, 2016 11:27am May 21, 2016 11:27am
Buddies, I mentioned it couple times in this thread - MT4 does not save tick data. Renko bricks are based and created on tick datas, so where in bloody world can be problem ?

If you want 100% Renko bricks history, install Sierra Chart or cTrader, but cTrader has not Renko charts.
  • #7,130
  • May 21, 2016 2:54pm May 21, 2016 2:54pm
Quoting Matomi
Buddies, I mentioned it couple times in this thread - MT4 does not save tick data. Renko bricks are based and created on tick datas, so where in bloody world can be problem ? If you want 100% Renko bricks history, install Sierra Chart or cTrader, but cTrader has not Renko charts.
Hey Matomi. That makes sense. Mt4 really is an absolute station, but change scares me. I have been reading about ovo renko and to my understanding it does records tick data to mt4, so it should not repaint. :nerd:Best, Josh
  • #7,131
  • May 21, 2016 3:33pm May 21, 2016 3:33pm
Quoting JoshuaHope
{quote} Hey Matomi. That makes sense. Mt4 really is an absolute station, but change scares me. I have been reading about ovo renko and to my understanding it does records tick data to mt4, so it should not repaint. :nerd:Best, Josh
In that case it should run 100% accurate like on Sierra Charts, but I had that 30 days trial OVO indicator too and I think it wasnt saving any tick data. If you didnt download it yet, try it and then write if I was right But I think it is not necessary do bTests only on tick data, because even if some bricks are repainted, cycles (or swings) are kept, at least on my 5 pips Renko chart...

Btw nice trades and analysis Joshua same as others, I can see less and less differences between yours and Dee50s trades. And I do not mean the huge gain side of trading, I mean profitable factor and win factor Still it is about easy logic - 20 or 50 pips/day, do it everyday and you are within few months on big guys level, even if you will do 10 pips a day.

Godd luck everybody
  • #7,132
  • May 21, 2016 8:36pm May 21, 2016 8:36pm
Quoting Matomi
{quote} In that case it should run 100% accurate like on Sierra Charts, but I had that 30 days trial OVO indicator too and I think it wasnt saving any tick data. If you didnt download it yet, try it and then write if I was right But I think it is not necessary do bTests only on tick data, because even if some bricks are repainted, cycles (or swings) are kept, at least on my 5 pips Renko chart... Btw nice trades and analysis Joshua same as others, I can see less and less differences between yours and Dee50s trades. And I do not mean the huge gain...
Ovo does in fact record tick data (see screenshot below from their website). I get what you're saying that it really doesn't matter all that much if they repaint as long as cycles or swings are kept. BUT, I would prefer to have a consistant Renko EA that doesn't print long wicks or repaint candles. I can always use the hammer with tape on it, but why would I when there is a nice shiney new hammer sitting right next to it.

Good luck to you as well
Attached Image (click to enlarge)
Click to Enlarge Name: OVO.png Size: 292 KB
  • #7,133
  • May 21, 2016 8:45pm May 21, 2016 8:45pm
Quoting JoshuaHope
{quote} Hey iKeithStone, I was looking into the same direction, but i think we wont find a builder that doesn't repaint. Its not because of the builders themselves, but their interpretation of mt4 platform saved tick data. If you have ever run a backtester in mt4, you might have noticed the "modeling quality" parameter in your report. Based on that data, ie 50%, you ea preforms well. Now, if you download tick data from a broker, the modeling quality goes to 99%, your ea ends up preforming very differently for that same period. So, Mt4 platform does...
Thanks Josh for the info! Looks like may have to just fork over the cash for OVO's indicators to get what I want. I look at this as business start-up costs. I plan on making this my full time gig sooner or later so it's no big deal.

  • #7,134
  • May 22, 2016 2:45am May 22, 2016 2:45am
Quoting Matomi
{quote} In that case it should run 100% accurate like on Sierra Charts, but I had that 30 days trial OVO indicator too and I think it wasnt saving any tick data. If you didnt download it yet, try it and then write if I was right But I think it is not necessary do bTests only on tick data, because even if some bricks are repainted, cycles (or swings) are kept, at least on my 5 pips Renko chart... Btw nice trades and analysis Joshua same as others, I can see less and less differences between yours and Dee50s trades. And I do not mean the huge gain...
Thanks Matomi. My trading has no doubt improved, but I am nowhere near Dee's proficiency. But when I look back at my trading when I came here, I can see a big difference. Hopefully in a few months I will go live with a small account to collect small pips. As you said, all you really need is 10 pips of movement reliably, and it compounds quick. Have a good Sunday mate
  • #7,135
  • May 22, 2016 2:59am May 22, 2016 2:59am
Quoting lKeithStone
{quote} Thanks Josh for the info! Looks like may have to just fork over the cash for OVO's indicators to get what I want. I look at this as business start-up costs. I plan on making this my full time gig sooner or later so it's no big deal.
Hey IKeithStone -same on my end, i will go full time as soon as I can reliably and more confidently steal pips on a daily basis for about a month or so. I still have to master the art of sitting on my hands/ ie pick my battles better...not be tempted or seduced foolishly.. actually, now that I think of it, i have many other arts i need to master...so much work, so little time. Best, Josh
  • #7,136
  • May 22, 2016 4:30am May 22, 2016 4:30am
You learn something everyday. This will be a great resource to my Vanilla Options trades. I have never really looked at Renko or Heiken ashi, perhaps I should read more on the subject. At least knowing initial direction will help. It does visually filter volatility so it has drawbacks and as an option trader I need that but on long dated options this will be useful, hugely useful. Thanks this is an awesome thread.
  • #7,137
  • May 22, 2016 4:39am May 22, 2016 4:39am
Quoting lKeithStone
{quote} Ovo does in fact record tick data (see screenshot below from their website). I get what you're saying that it really doesn't matter all that much if they repaint as long as cycles or swings are kept. BUT, I would prefer to have a consistant Renko EA that doesn't print long wicks or repaint candles. I can always use the hammer with tape on it, but why would I when there is a nice shiney new hammer sitting right next to it. Good luck to you as well {image}
it looks like I was wrong, sh.t... But as you all know the ego is the worst attribute in trading so I am going to say "OK, I was wrong"

The problem is, that you can not bTesting on strategy tester offline charts, so there I get an idea - maybe my friend (coder) could write indicator which will be able to save tick data like OVO on every pair. But there is no other way, only let the computer run 24/5, because indicators are active only during online platform. It will be same at OVO indicator - the tick data will be accurate only in time when was your platform online, if you will switch off - that is the start of saving only M1 data as far as you will not log in again.

So I think, still the platform without tick data saving will be missed a much, at least if we talks about strategy tester.
  • #7,138
  • May 22, 2016 5:38am May 22, 2016 5:38am
Quoting Matomi
{quote} it looks like I was wrong, sh.t... But as you all know the ego is the worst attribute in trading so I am going to say "OK, I was wrong" The problem is, that you can not bTesting on strategy tester offline charts, so there I get an idea - maybe my friend (coder) could write indicator which will be able to save tick data like OVO on every pair. But there is no other way, only let the computer run 24/5, because indicators are active only during online platform. It will be same at OVO indicator - the tick data will be accurate...
Hmm...that gives me an idea. You know how you can download tick data from a broker?(ex. Dukascopy). Couldn't a renko builder be coded to pull tick data directly from such a source as well and not rely on mt4 historic data? That way, it would not matter if your mt4 platform was running or not, your historic view would always be "correct". Of course, I am basing this on the premise that Ovo doesn't do this and saves tick data itself to mt4 platform directory. Just an idea.
Best, Josh
  • #7,139
  • May 22, 2016 7:23am May 22, 2016 7:23am
Quoting lKeithStone
{quote} Hey Intrepidpips! Have you had any troubles with repainting bricks when using MathTrader7's Renko EA? I've pretty much settled on standard Renko Bricks after testing them all. I'm still debating whether or not I'm going to buy OVO's EA's. I was wondering if you've found one that isn't processor heavy and doesn't repaint bricks. Thanks!

Repainted BIG time!

Still it's presentation beats all other Builder EAs, but the repainting issue, the OVO Renko bar indicator rocks, it's a sure buy for me, though I want to try out the "Wicked " variant and see how that works as well and choose between the two.
Let it turn and find your entry.
  • #7,140
  • May 22, 2016 8:06am May 22, 2016 8:06am
Quoting JoshuaHope
{quote} Hmm...that gives me an idea. You know how you can download tick data from a broker?(ex. Dukascopy). Couldn't a renko builder be coded to pull tick data directly from such a source as well and not rely on mt4 historic data? That way, it would not matter if your mt4 platform was running or not, your historic view would always be "correct". Of course, I am basing this on the premise that Ovo doesn't do this and saves tick data itself to mt4 platform directory. Just an idea. Best, Josh
It does not depends on broker, because Pepperstone, IC Markets, Interactive, Dukascopy, Saxo Bank - every broker provides tick data, but MT4 is not able to save them. This is why on Pepperstone MT4 i have only M1 data and on Pepperstone cTrader tick data as well. Your idea is great, but you can not connect with broker differently, only via platform, it would be illegal I think. And this "law" is really piece of sh.t, because tick datas are thanks to it paid (DAX 700-900€ per month, bloody god...) and Metaquotes will not do anything with it. It is possible only in way I wrote, code indicator which will save ticks to .hst file or so on. But still, if you want to use strategy tester, you have to let run indicator few months without switching off platform and that is little bit neanderthal way of bTesting...
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