Price Action Trading with Indicators! The Freebie System | Page 432 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Freebie 1 min trading method 1,227 replies

Naked Trading Using Price Action (No Indicators) 32 replies

Pure Price Action Trading - NO lines or indicators 49 replies

Help adding a filter to the Freebie Indicator 3 replies

EUR/USD Trading Price Action System 2 replies

Attachments: Price Action Trading with Indicators! The Freebie System
Exit Attachments

Price Action Trading with Indicators! The Freebie System

  • #8,621
  • Jul 19, 2016 12:20am Jul 19, 2016 12:20am
Quoting Checkz
{quote} Yes i am using open price for auto trend but I don't understand am I suppose to put a 0 or -1 for higher trend and where do I do this at.
No no u don't add it. That is what the EA sees. IT sees -1 for down trend and +1 for higher trend.

What we are seeing is that you have higherTrend=0
That tells me that the Code did not detect the CandlesSw1
or that something else happened. That perhaps when u selected AutoTrend=OpenPrice that the EA
did not know to use CandleSW1 to read the Open price direction

You see in the code we have this:
if(UseAutoTrend==None) higherTrend=0;

That means that the only way to get higherTrend=0 is if you pick UseAutoTrend=None
And you didn't right?
Our AWESOME IMAGINATION is the true holy grail!
  • #8,622
  • Jul 19, 2016 12:26am Jul 19, 2016 12:26am
Nevermind a sell trade was just placed
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (89).png Size: 162 KB
  • #8,623
  • Jul 19, 2016 12:26am Jul 19, 2016 12:26am
Checkz, double check that your M-CandleSW1 indicator works. IT may be corrupted.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,624
  • Jul 19, 2016 12:33am Jul 19, 2016 12:33am
Quoting Checkz
Nevermind a sell trade was just placed {image}

Ok I see, that one worked.
But look at all the messages. See how they tell you all the things that have to line up?
Hopefully this can help u to determine what or where it might of gone wrong. IT makes it easier
for me to search the code cause all those messages area placed in certain areas.

I am still wondering why it did not take the other short....

Oh well.,... happy pips.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,625
  • Jul 19, 2016 12:34am Jul 19, 2016 12:34am
Quoting xmess7
Checkz, double check that your M-CandleSW1 indicator works. IT may be corrupted.
ok here you go.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (90).png Size: 95 KB
  • #8,626
  • Jul 19, 2016 12:56am Jul 19, 2016 12:56am
Quoting xmess7
{quote} ah Dude.,.. We got stacking on your Broker. Check it out... {image}
Good morning, J.

Than what could be the problem? See my trade on NZDCHF, didn't trigger a thing.

....And now EURNZD is at 15 pips and no stacking as well.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDCHFM15.png Size: 39 KB
Click to Enlarge Name: NC.PNG Size: 31 KB
  • #8,627
  • Jul 19, 2016 2:29am Jul 19, 2016 2:29am
ream :
show yer settings....

btw more stacking on yer broker
Attached Image (click to enlarge)
Click to Enlarge Name: rean_stack.png Size: 91 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #8,628
  • Jul 19, 2016 3:26am Jul 19, 2016 3:26am
Quoting xmess7
ream : show yer settings.... btw more stacking on yer broker {image}
Attached, just change the suffix to .set.


Thanks for all your help in this.
Attached File(s)
File Type: mq4 Boloso.mq4   1 KB | 307 downloads
File Type: mq4 3C.mq4   1 KB | 330 downloads
  • #8,629
  • Jul 19, 2016 9:41am Jul 19, 2016 9:41am
[quote=Reamasesa;9037078]{quote} Attached, just change the suffix to .set. Thanks for all your help in this. {file} {file}[/quote

your welcome. We'll get you all fixed up and stacking and trailing soon..
Our AWESOME IMAGINATION is the true holy grail!
  • #8,630
  • Jul 19, 2016 10:05am Jul 19, 2016 10:05am
[quote=xmess7;9037937]
Quoting Reamasesa
{quote} Attached, just change the suffix to .set. Thanks for all your help in this. {file} {file}[/quote your welcome. We'll get you all fixed up and stacking and trailing soon..
That would be awesome. Really.
I think that by the end of this month I'll be able to sift out the pairs I'd like to test with each EA.

Which pairs are you testing with my broker? I'm seeing trades I don't recognize. Would you like me to stop my EAs?
  • #8,631
  • Jul 19, 2016 9:55pm Jul 19, 2016 9:55pm
[quote=Reamasesa;9037990]
Quoting xmess7
{quote} That would be awesome. Really. I think that by the end of this month I'll be able to sift out the pairs I'd like to test with each EA. Which pairs are you testing with my broker? I'm seeing trades I don't recognize. Would you like me to stop my EAs?
I just applied your settings. Right now I am testing
USDCHF, USDJPY, EURCHF. So if u want u can remove any EAs from those.
These were picked randomly just to see if the trailing stop and all that stuff works etc etc.
I just need to see what is happening with your settings..
J

Oh forgot to mention I am only working with 3C. No boloso for the moment.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,632
  • Jul 20, 2016 12:12am Jul 20, 2016 12:12am
[quote=xmess7;9038842]
Quoting Reamasesa
{quote} I just applied your settings. Right now I am testing USDCHF, USDJPY, EURCHF. So if u want u can remove any EAs from those. These were picked randomly just to see if the trailing stop and all that stuff works etc etc. I just need to see what is happening with your settings.. J Oh forgot to mention I am only working with 3C. No boloso for the moment.
Thanks!
  • #8,633
  • Jul 20, 2016 3:45am Jul 20, 2016 3:45am
Quoting xmess7
folks i hit 14.4% profit with 3c v27 . two spikes showed up, i took profit and closed operation for the week. I will try tomorrow to see if i can get similar results otherwise i would wait toll next week under live trading. enjoy the images. man the stack stuff dies it again,, {image} {image}
double digit gain again!!!!
one change CheckBarsBack=4
bazically telling EA if we r not in profit and stacking within 4 bars from first trade, close trade and move on
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 32 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #8,634
  • Jul 21, 2016 12:22am Jul 21, 2016 12:22am
[quote=Reamasesa;9038944]
Quoting xmess7
{quote} Thanks!
Reamasesa:
Still working on your broker with your settings. I have added MORE messages... just waiting to see price do it's thing.
J
Our AWESOME IMAGINATION is the true holy grail!
  • #8,635
  • Jul 21, 2016 5:39am Jul 21, 2016 5:39am
Updates to EAs.

Reamasesa!! I have the solution to why you are not seeing Trails,Stacks, etc etc etc. I have added the fix to the attached EAs.
The error only happens when u set CurrentTradesPercentProfit=XX. If you leave that at 0, the EA will operate properly, just like it was for my earlier testing on your broker. The error was incorrectly telling the EA to stop locking for Stacks/TrailStops, So that's why you were experiencing NOTHING .

I encourage all to use the attached updates or, if u want to wait till next week, set CurrentTradesPercentProfit=0.

As usual you can always find all the latest indicators and EAs at
http://xm7.info/ea/freebie
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v37.ex4   127 KB | 205 downloads
File Type: ex4 xm7_Freebie3C_EA_v30.ex4   123 KB | 199 downloads
File Type: ex4 xm7_FreebieBOLOSO_EA_v21.ex4   96 KB | 178 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,636
  • Jul 21, 2016 6:12am Jul 21, 2016 6:12am
Well folks... 3c with the approach I spoke about this past weekend is at it again. I have had 3 double digit gains this week.
Just yesterday http://www.forexfactory.com/showthre...13#post9039213 the gain was at 13% and the day before it was at 14%.
So we had another this past nite and now the account stands at over 47% profit (see the third line of the profit display).
Notice that I am using a small balance and the lowest lotsize(calculated by EA). The RiskPercent is 3%.

However. There are a couple of things that need to be looked into.

Fifo rule - In demo the server tends to allow your stack trades to sometimes get closed out before the 1st trade of that series.
So under real conditions that stack would not get stopped out until the earlier trade is closed. This can be good and bad, Good in that
the stack trade stays alive longer and may allow for the continuation to more profit. Bad in that if u have many stacks and price falls back
down to the original first entry, your drawdown may be considerable.. true the 1st trade will hit BE but the other stacks will hit a loss. This can be mitigated
by limiting the number of stacks

DrawDown - It can be considerable! The max I saw on this account this week was 13%, one time. True, can monitor the trades and manually close out/stop
when profit hits, then maybe u can control drawdown, but since I been just taking peeks and letting the EA run, significant drawdown do happen. One possible
solution is to have the EA close out trades and stop when for example it sees x number of stacks. However that would limit the potential for getting bigger
runs, like the seen in that image below.

Other than that... this has potential. I am going to try this on a live account and tweak the EA. I will set the EA try to emulate me closing out trades and turning off/on the EA.

But man this looks good... real good.
Enjoy
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2016-07-21 04.01.10.png Size: 66 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #8,637
  • Jul 21, 2016 6:23am Jul 21, 2016 6:23am
[quote=Reamasesa;9038944]
Quoting xmess7
{quote} Thanks!
Reamasesa:
Check this out, the fix is working. What u see is v29 with the fix. however use v30 or just set the input to 0.

Anyhow see the log files see what they are printing? That before and after tells me that the EA is monitoring the trade and checking to see if a stack is possible.
Of course in this case a stack is not possible yet cause the profit is negative but this is farther than it got before. Before when the EA had the error it would not get to this part at all. So I think the issue is resolved .

Ok now do your magic!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2016-07-21 04.18.46.png Size: 74 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #8,638
  • Edited 5:35pm Jul 22, 2016 5:22pm | Edited 5:35pm
Review on 3C v30 with approach as explained last weekend.

You will see 3c v29 in my previous posts but that was with that version corrected with fixes to what 3C V30 has now.
Below is a equity graph of this weeks activity using 3c with the inputs settings (i have attached a set file, make the riskpercent change u feel comfortable with).

I used the USBroker Oanda to test this (fifo and 1:50 margin). I used a small account (starting balance $120)and the smallest lot size (0.01).
I placed the EA on the following pairs (15minTF): EURUSD, AUDUSD, GPBUSD,EURJPY,USDJPY,AUDCHF,USDCAD
You can use any combination you see fit. I plan to cut down to 5 pairs eventually.
These are the posts and the results each time I took a peek at what was happening. I had said that I closed after the 1st profit but I lied I left the EA running
http://www.forexfactory.com/showthre...52#post9036452 reached 14% on July 18 Monday, Closed all trades but left EA on.
http://www.forexfactory.com/showthre...13#post9039213 reached 13% on July 20 Wednesday, Closed all trades but left EA on
http://www.forexfactory.com/showthre...98#post9041798 reached 47% on July 21 Thursday, Didn't close trades and left EA on.
See first chart: Today at close of market 3c started taking trades again and ended up with a gain of 25%.
Second chart is the equity curve for this week. Looks familiar doesn't it? Looks just like what the testing revealed last week.

I got alot of fifo errors cause of the many stack trades that had to be closed before the 1st trade. Since it was demo the server allowed the stacks to be closed. Under live situation those trades would not of been allowed to be closed and of course, the results would be different. I plan to try test it live on this broker to see how the results may differ.

If you want to see more details of the equity curve to : http://xm7.info/ea/OandaDemo_3C.htm
Like I said drawdown is up there,24%. But that could of been avoided by simply closing the EA for the rest of the week LOL.

This looks very encouraging. I will continue next week and then go live to test how it does under real conditions.

Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2016-07-22 14.48.24.png Size: 62 KB
Click to Enlarge Name: OandaDemo_3C.gif Size: 6 KB
Attached File(s)
File Type: zip 3c.zip   < 1 KB | 216 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,639
  • Edited 4:04am Jul 25, 2016 2:03am | Edited 4:04am
Quoting xmess7
Updates to EAs. Reamasesa!! I have the solution to why you are not seeing Trails,Stacks, etc etc etc. I have added the fix to the attached EAs. The error only happens when u set CurrentTradesPercentProfit=XX. If you leave that at 0, the EA will operate properly, just like it was for my earlier testing on your broker. The error was incorrectly telling the EA to stop locking for Stacks/TrailStops, So that's why you were experiencing NOTHING . I encourage all to use the attached updates or, if u want to wait till next week, set CurrentTradesPercentProfit=0....
Hi,

Didn't get a notification of that post so I didn't update.
I've checked with the version I'm using and there's no such settings
I'll upgrade later on when I'm home and in front of my screen again.


Thanks!

[EDIT]
Well, another example of just how much of a non-morning person I am.
It's the last entry in the settings.
Anyway, I was able to throw the new 3C EA on a chart and I can confirm that stacking is working even though this settings is set to 25.


So, now we need to work on exits, I think. To allow us to keep those profits and not get those "steps" we've talked about earlier



YOU ROKZ, X!
  • #8,640
  • Jul 25, 2016 4:25am Jul 25, 2016 4:25am
So, before I'll tryo to break anything
X, can you repeat how the SL/TP/JTS is working for the stack or the entire trades once the initial conditions has been met, please?


Thanks.
16 traders viewing now