Price Action Trading with Indicators! The Freebie System | Page 434 | 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

  • #8,661
  • Aug 2, 2016 9:26pm Aug 2, 2016 9:26pm
i am interested with this page. will read all and will ask my doubts
Success is a Journey Not a Destination....... kind regards ramzam
  • #8,662
  • Aug 3, 2016 9:23am Aug 3, 2016 9:23am
Jess, really think we need to seriously consider using the dots to close trades. If a trade is taken at one above dot then the trade should be closed at the next lower dot. I think that it will eliminate needing to constantly monitor the platform. I find that it is very seldom that the ea rarely closes a trade in profit without help. Just a thought for Wednesday.
  • #8,663
  • Aug 3, 2016 11:41am Aug 3, 2016 11:41am
Quoting keysharp
Jess, really think we need to seriously consider using the dots to close trades. If a trade is taken at one above dot then the trade should be closed at the next lower dot. I think that it will eliminate needing to constantly monitor the platform. I find that it is very seldom that the ea rarely closes a trade in profit without help. Just a thought for Wednesday.
John:
Please elaborate. Send me a pic of what you mean. Thnx
Our AWESOME IMAGINATION is the true holy grail!
  • #8,664
  • Aug 3, 2016 12:23pm Aug 3, 2016 12:23pm
If you notice the buy trade entry moved to the yellow dot. I didn't catch that so I only managed to get a few $'s. The dot should have been the closing of the trade. The subsequent sell entry should have been closed at the next dot down which was the green dot. Otherwise a 50 or 100 pip TP won't ever be hit, and one will have to sit at the computer constantly monitoring the trades.
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDM15.png Size: 34 KB
  • #8,665
  • Aug 3, 2016 12:28pm Aug 3, 2016 12:28pm
Quoting keysharp
If you notice the buy trade entry moved to the yellow dot. I didn't catch that so I only managed to get a few $'s. The dot should have been the closing of the trade. The subsequent sell entry should have been closed at the next dot down which was the green dot. Otherwise a 50 or 100 pip TP won't ever be hit, and one will have to sit at the computer constantly monitoring the trades. {image}
Do we disregard stacking?
Our AWESOME IMAGINATION is the true holy grail!
  • #8,666
  • Aug 3, 2016 1:31pm Aug 3, 2016 1:31pm
Quoting xmess7
{quote} Do we disregard stacking?
nope we close all.
  • #8,667
  • Aug 3, 2016 5:10pm Aug 3, 2016 5:10pm
Quoting keysharp
{quote} nope we close all.

Ok. new update coming up soon.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,668
  • Aug 4, 2016 1:46am Aug 4, 2016 1:46am
got up at 2:21 AM EST and saw a beautiful sight and was able to close trades at their malmost maximum. I caught the runs just as the white candle had shown up. If I hadn't of gotten up most trades would be losses or BE.
Attached Image (click to enlarge)
Click to Enlarge Name: AssetsFx MetaTrader4.png Size: 101 KB
  • #8,669
  • Aug 4, 2016 4:19am Aug 4, 2016 4:19am
Quoting keysharp
got up at 2:21 AM EST and saw a beautiful sight and was able to close trades at their malmost maximum. I caught the runs just as the white candle had shown up. If I hadn't of gotten up most trades would be losses or BE. {image}
Whoa! Nice stacks, K!
  • #8,670
  • Aug 8, 2016 7:32am Aug 8, 2016 7:32am
Hi,

For the past several days I haven't gotten any trades from BOLOSO, going into the logs I'm seeing these errors:
Inserted Code
2016.08.08 14:29:58.196    xm7_FreebieBOLOSO_EA_v21 CADJPY,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (355,60)


Thanks.
  • #8,671
  • Aug 8, 2016 11:34pm Aug 8, 2016 11:34pm
Quoting Reamasesa
Hi, For the past several days I haven't gotten any trades from BOLOSO, going into the logs I'm seeing these errors: 2016.08.08 14:29:58.196 xm7_FreebieBOLOSO_EA_v21 CADJPY,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (355,60) Thanks.

Done issue should be fixed. Try this copy.
Attached File(s)
File Type: ex4 xm7_FreebieBOLOSO_EA_v21.ex4   96 KB | 231 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,672
  • Aug 10, 2016 6:46am Aug 10, 2016 6:46am
Quoting xmess7
{quote} Done issue should be fixed. Try this copy. {file}
Thanks but I still get those errors.
It's like the SL thingie all over again
  • #8,673
  • Aug 10, 2016 7:26am Aug 10, 2016 7:26am
Hi,

In regards to the stacking SL and TP.
I think it should be treated as a basket and not per trade, I'll explain.

Once we have a stack, we need to treat the entire pip count as one entity, I'll be using 15 pip intervals as example.
Once we have a stack, the first trade is at 15 pips, second trade is at 0 pips, total pips is: 15
1st trade: 30 pips, 2nd trade: 15 pips, 3rd trade: 0 pips, total pips is: 45

So, if we set BE to 45, for the sake of me not tripping over my numbers, and the lock of 5 pips, we can assume that we need a 40 pips move to the opposite side for the BE+LOCK to get hit, which means, 3rd pips: -13, 2nd trade pips: 2, 1st trade pips: 17, total pips is: 6 and we hit BE+LOCK (more or less)

Same with JTS, if it's set to, say, 30 pips, then we have
1st trade pips: 30, 2nd trade pips: 15, 3rd trade pips: 0, total pips is: 45, BE+LOCK reached, JTS pips is: 0 (we wait for next jump since we're at BE+LOCK)
1st trade pips: 45, 2nd trade pips: 30, 3rd trade pips: 15, 4th trade pips: 0, total pips is: 90, JTS pips is: 60. We actually had another jump at JTS 30 pips but, again, chubby fingers and numbers

Now, the total pips for the entire basket of trades is 90 pips, if it moves down by 30 pips, this entire basket will be closed, if not, then we continue.


Caveats
* As we add more and more stack trades the up/down moves get's very violent and when we reach a certain point, even the smallest of moves might throw us off the trrade(s) and let the trend continues on without us.
* There are probably more but let's start with the obvious and see if this idea is feasible.

I think, however, that if we tweak the JTS a bit, this might allow us to gain more profits instead of having each stack trade its own TP/SL/JTS and such like.




As always, ideas, insights and rants are more than welcome.
  • #8,674
  • Aug 10, 2016 12:53pm Aug 10, 2016 12:53pm
Quoting Reamasesa
{quote} Thanks but I still get those errors. It's like the SL thingie all over again

Reamasesa, show me the errors so I can determine exactly what is the problem.

I'll also modify the code to treat stacks and JTSs as baskets. Actually I just place an option that way the user can decide, independent vs basket.

I am also going to add the request KeySharp requested. That is an option to close on opposite #3 dot. We already had this before but it was close on ANY dot. This time it will be more specific, #3 dot.

I am also going to see if I can get rid of one of the EAs. We have enough options whereby the user can basically configure any of the 2 EAs (freebie and 3C) to each others configurations. so instead of having two EAs, there may be now just 1. If I can I will also integrate BOLOSO, I think I can do that. So one big EA that will handle any of the configurations...

Stay tuned
Our AWESOME IMAGINATION is the true holy grail!
  • #8,675
  • Edited Aug 12, 2016 12:01am Aug 11, 2016 12:59am | Edited Aug 12, 2016 12:01am
Update to 3C

Added 3 inputs:
CloseUsing3zzDot={ Yes,No} - Trades are closed when next opposite #3 zzdot appears. We already tried this before but it was with ANY zzdot. this time #3s only
CandlesPauseAfterTrade=0 - This is the number of candles to wait or pause after a trade has been closed before the EA start looking for new trades
Num_Trades_Before_Pause=0 - Since we can stack this tells the EA which is the last trade it monitors to start the waiting period.

Examples
If you just input a number to CandlesPauseAfterTrade and none for Num_Trades_Before_Pause the EA will default Num_Trades_Before_Pause to 1 trade, you can still enter 1 if you wish.

Here are two scenarios:
if CandlesPauseAfterTrade=15. EA trading will pause for 15 candles after the trade is closed (auto or manual).

if CandlesPauseAfterTrade =10 and Num_Trades_Before_Pause=4. EA trading will pause for 10 candles after the 4th trade is closed

Any questions please let me know.
Stack basket coming up on next update.

Get latest at this post:
http://www.forexfactory.com/showthre...89#post9079989
Our AWESOME IMAGINATION is the true holy grail!
  • #8,676
  • Aug 11, 2016 1:28am Aug 11, 2016 1:28am
Quoting xmess7
{quote} Reamasesa, show me the errors so I can determine exactly what is the problem. I'll also modify the code to treat stacks and JTSs as baskets. Actually I just place an option that way the user can decide, independent vs basket. I am also going to add the request KeySharp requested. That is an option to close on opposite #3 dot. We already had this before but it was close on ANY dot. This time it will be more specific, #3 dot. I am also going to see if I can get rid of one of the EAs. We have enough options whereby the user can basically configure...
Hi,

I got these from the logs
Inserted Code
2016.08.10 23:14:51.410 xm7_FreebieBOLOSO_EA_v21 EURGBP,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (356,60)
2016.08.10 17:14:54.917 xm7_FreebieBOLOSO_EA_v21 AUDJPY,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (356,60)
2016.08.10 16:59:51.413 xm7_FreebieBOLOSO_EA_v21 USDJPY,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (387,59)
2016.08.10 16:44:53.485 xm7_FreebieBOLOSO_EA_v21 EURCAD,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (387,59)
2016.08.10 16:44:53.109 xm7_FreebieBOLOSO_EA_v21 NZDJPY,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (356,60)
2016.08.10 06:44:52.833 xm7_FreebieBOLOSO_EA_v21 AUDUSD,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (356,60)
2016.08.09 20:14:59.504 xm7_FreebieBOLOSO_EA_v21 NZDUSD,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (356,60)

And my set file is attached. Change the suffix to .set


===
So, we'll have one EA that does all three or we have one EA that can do either at a time?
===

Thanks.
Attached File(s)
File Type: mq4 Boloso.mq4   1 KB | 334 downloads
  • #8,677
  • Aug 11, 2016 7:49am Aug 11, 2016 7:49am
Quoting Reamasesa
{quote} Hi, I got these from the logs 2016.08.10 23:14:51.410 xm7_FreebieBOLOSO_EA_v21 EURGBP,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (356,60) 2016.08.10 17:14:54.917 xm7_FreebieBOLOSO_EA_v21 AUDJPY,M15: array out of range in 'xm7_FreebieBOLOSO_EA_v21.mq4' (356,60) And my set file is attached. Change the suffix to .set === So, we'll have one EA that does all three or we have one EA that can do either at a time? === Thanks. {file}
Ok it should now work fine.

We will have one EA that can do either at a time. Never thought of having and EA that could do all three anytime. That would take AI right? LOL
Attached File(s)
File Type: ex4 xm7_FreebieBOLOSO_EA_v21.ex4   96 KB | 313 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,678
  • Aug 11, 2016 1:45pm Aug 11, 2016 1:45pm
According to the settings this run should have closed when the bottom yellow dot appeared.
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader 4 FinFX.png Size: 168 KB
  • #8,679
  • Aug 11, 2016 2:51pm Aug 11, 2016 2:51pm
Quoting keysharp
According to the settings this run should have closed when the bottom yellow dot appeared. {image}
Alrighty.... then it is time to test... please do not use it till I test it out and figure what is goong on.

John please send yer set file... ya seem to have great setups with the inputs u r using
Thnx
Our AWESOME IMAGINATION is the true holy grail!
  • #8,680
  • Aug 11, 2016 6:21pm Aug 11, 2016 6:21pm
here is set file. However I think my SL is too close.
Attached File(s)
File Type: zip 3c.zip   < 1 KB | 315 downloads
1 trader viewing now