EA required using Livelli indicator made 600 pips | Page 10 | Forex Factory

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EA required using Livelli indicator made 600 pips

  • #181
  • May 24, 2016 12:31am May 24, 2016 12:31am
can any body post Results of yesterday ea trades?
Trading by EA
  • #182
  • May 24, 2016 12:37am May 24, 2016 12:37am
Quoting raylin
{quote} Not more than 1 trade taken I have just set the parameters to Maximum open trades 10 buy and sell ADX set to 15 and maximum spread in points = 40 assume my spread on most pairs is less than 4 pips Will run over night with these settings see what happens
this is what am seeing on the screen, is there something i am missing because i have both under indicators and Expert advisor per the video have checked the details
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 22 KB
Attached Image
  • #183
  • May 24, 2016 12:37am May 24, 2016 12:37am
Feel free to back test
I didn't back test using the strategy tester
I back tested this manually and that was why I submitted the original idea
  • #184
  • May 24, 2016 1:12am May 24, 2016 1:12am
Quoting raylin
Feel free to back test I didn't back test using the strategy tester I back tested this manually and that was why I submitted the original idea
why am not able to view the lines marked as in your charts? is this is how it is supposed to look?
  • #185
  • May 24, 2016 1:14am May 24, 2016 1:14am
Quoting raylin
Feel free to back test I didn't back test using the strategy tester I back tested this manually and that was why I submitted the original idea
Well I'm not sure how an EA will cope if just left on 24/5. You backtest manually, and know when is a good time to take a trade and not take a trade. Do you really think the best way is just to forward test? I posted results above of a backtest and it looks good for most of the year and then you get a big hit a few times. Could it not be that we are seeing a 'good' period now? It's more than likely.
So many in the Commercial section want to make me rich! :o
  • #186
  • May 24, 2016 1:22am May 24, 2016 1:22am
Hi All,

I have updated the EA with another feature - "Martingale"

This would double your lots if your last trade was a losing trade. So if your next trade wins you cover some/most of your losses.

The multiplication value also called the Martingale amount can be set by you. So you can decide whether you want to double(2X), Triple (3X) etc. on your next trade. Use a value of 1 if you don't want to.
Attached File(s)
File Type: ex4 Liveliv4.ex4   23 KB | 459 downloads
  • #187
  • May 24, 2016 1:24am May 24, 2016 1:24am
Quoting philhosk
I am going to leave to itself on G/U, E/U and J/U 1 min charts and see what happens. First trade was a plus......
Ok my results since starting yesterday the EA closed 13 trades on 3 pairs at plus $6.04. Currently 5 open trades on 3 pairs at minus $8.93
  • #188
  • May 24, 2016 1:33am May 24, 2016 1:33am
Slightly unrelated, but if you guys are not happy with your spread. Do checkout Tradersway. I have an ECN account from them and love the spreads they offer. Still to find a broker with lower spread and margin.

https://po.tradersway.com
  • #189
  • May 24, 2016 1:37am May 24, 2016 1:37am
Quoting philhosk
{quote} Ok my results since starting yesterday the EA closed 13 trades on 3 pairs at plus $6.04. Currently 5 open trades on 3 pairs at minus $8.93
Market has been ranging since yesterday. Lets hope your open trades come out on top.
  • #190
  • May 24, 2016 1:50am May 24, 2016 1:50am
So whats next?

Wanted to to take a moment to recap! Raylin thanks for the idea and everyone else for their suggestions. Moving forward would I like you test the EA out and send your suggestions to us. Primarily what we are looking for:

1. Bugs
2. Logic to eliminate potential loss making trades. (Its better to have a small profit than to have a big loss) As there will always be a next trade
3. Currency pairs that suit this EA the best
4. Timeframe that suit this EA
5. EA settings that you feel work best

You can use this tool (Jing) to record a 5 min video on the above through a shareable link that jing creates. So that it is easier for us to understand your point of view. It is a free tool.

https://www.techsmith.com/jing.html
  • #191
  • May 24, 2016 1:50am May 24, 2016 1:50am
Quoting vaibhavjha
Slightly unrelated, but if you guys are not happy with your spread. Do checkout Tradersway. I have an ECN account from them and love the spreads they offer. Still to find a broker with lower spread and margin. https://po.tradersway.com
That link wasn't working for me, I found it though for the others:

https://www.tradersway.com/
So many in the Commercial section want to make me rich! :o
  • #192
  • May 24, 2016 2:03am May 24, 2016 2:03am
Quoting prku018
{quote} this is what am seeing on the screen, is there something i am missing because i have both under indicators and Expert advisor per the video have checked the details {image} {image}
Just try change the file name of your indicator livelli_sr_now (1) . The one is not needed.
  • #193
  • May 24, 2016 2:27am May 24, 2016 2:27am
Morning Vaibhavjha,
When trailing stop is not selected, the Ea doesn't seem to loading a SL or TP (Based on livelli or atr etc).

I tried it yesterday with the trailing sl and that did show the sl (But no TP).
Also, it doesn't seem to be stacking trades or hedging them.

Please have a look.
  • #194
  • May 24, 2016 2:57am May 24, 2016 2:57am
Quoting vaibhavjha
{quote} Just try change the file name of your indicator livelli_sr_now (1) . The one is not needed.
thanks for the reply i tried it's not working i don't now whats wrong.
  • #195
  • May 24, 2016 3:05am May 24, 2016 3:05am
Quoting vaibhavjha
So whats next? Wanted to to take a moment to recap! Raylin thanks for the idea and everyone else for their suggestions. Moving forward would I like you test the EA out and send your suggestions to us. Primarily what we are looking for: 1. Bugs 2. Logic to eliminate potential loss making trades. (Its better to have a small profit than to have a big loss) As there will always be a next trade 3. Currency pairs that suit this EA the best 4. Timeframe that suit this EA 5. EA settings that you feel work best You can use this tool (Jing) to record a 5...
I think a good idea would be to run this EA for this week before any further modifications are made
I ran the EA on a number of currency pairs since last night with the adx set to 15 Not all trades are taken
One currency pair Usd/Cad has only made 1 trade although there should have been multiple time were trades
should have been taken .
I have set the maximum buy and sells to 10 and set the spread to 40
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  • #196
  • May 24, 2016 3:19am May 24, 2016 3:19am
Hope you guys made money on GPB AUD breakout today 160+pips. Would have taken care of all your losses so far.
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  • #197
  • May 24, 2016 3:51am May 24, 2016 3:51am
Quoting philhosk
{quote} Ok my results since starting yesterday the EA closed 13 trades on 3 pairs at plus $6.04. Currently 5 open trades on 3 pairs at minus $8.93
Not sure if this is useful info but current situation on the 3 pairs is 21 trades closed with $12.41 profit of which 9 were losers. Currently 4 trades open with minus $27.90
  • #198
  • May 24, 2016 5:09am May 24, 2016 5:09am
Maybe Raylin is right. Let's sort out what we've got first before adding anything else.
So far the EA has been unreliable. I have set the adx to zero, and max trades to 10. Sometimes it places trades, sometimes it doesn't. Sometimes it places sl/tp, sometimes it doesn't. Sometimes the trailing option works, sometimes it doesn't. It has never stacked or hedged.
I wonder if we have strayed a bit from the original idea? ie Livelli appears, place order x pips above/below. Take each new trade as it comes. Trail them all individually by x pips, or alternatively have an overall sl of x (To cover all open trades) and an overall TP of x.
  • #199
  • May 24, 2016 5:35am May 24, 2016 5:35am
This is what my U/J 1min chart looks like this morning, 3 winners and 1 loser, the EA setting is OFTB with max trades set to 50. Question is it doing what it is supposed to do?
Attached Image (click to enlarge)
Click to Enlarge Name: Livelli3.png Size: 76 KB
  • #200
  • May 24, 2016 8:01am May 24, 2016 8:01am
Quoting JRob
Maybe Raylin is right. Let's sort out what we've got first before adding anything else. So far the EA has been unreliable. I have set the adx to zero, and max trades to 10. Sometimes it places trades, sometimes it doesn't. Sometimes it places sl/tp, sometimes it doesn't. Sometimes the trailing option works, sometimes it doesn't. It has never stacked or hedged. I wonder if we have strayed a bit from the original idea? ie Livelli appears, place order x pips above/below. Take each new trade as it comes. Trail them all individually by x pips, or alternatively...

Great input guys. I'm attaching a vanilla copy of the EA.

1. Buy above 4 green dots & sell below 4 red dots
2. No ADX & Spread
3. Take profit based on your trailing stoploss input
4. Hard stop loss, enter the value of your stop loss as input the order will be placed with the stop loss mentioned.
5. Livelli dot offset. Use this parameter place order x pips above/below
6. Enter magic number manually for each currency pair chart

Attached File(s)
File Type: ex4 Liveliforum.ex4   15 KB | 418 downloads
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