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Price Action Trading with Indicators! The Freebie System

  • #8,681
  • Aug 11, 2016 11:59pm Aug 11, 2016 11:59pm
ALright try this one. Fix error and added some extra logic when dealing with 3zzdot stuff.

BTW this one was tested at the 1 minute TF and it works. I mention this cause someone was having problems using
it on the 1 min TF.
Attached File(s)
File Type: ex4 xm7_Freebie3C_EA_v31.ex4   132 KB | 362 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,682
  • Aug 12, 2016 9:23am Aug 12, 2016 9:23am
Question to all.

Would you consider having an option by where the stack order had a larger stoploss?

Under the current versions the stack orders will have their stops placed at the previous open or stack trade entry. Which is basically the step.

I've noticed that with a smaller stackstep u can get many STOP OUTs as price is making it's movement. Even though the step is small which amounts to a small loss they do add up.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,683
  • Aug 12, 2016 10:06am Aug 12, 2016 10:06am
Here we have a good entry but the stacks are stopped short and only the original trade is continuing. I am thinking that the stacks should not have a SL because an SL for them is too narrow for them to breath. I think the stacks should have the same SL as the original trade.
Attached Image
  • #8,684
  • Edited 2:14pm Aug 12, 2016 10:08am | Edited 2:14pm
Don't understand why these buy trades were taken? Update: well this is embarrassing yes the three dot was there and repainted so all is well there.
Attached Image
  • #8,685
  • Aug 12, 2016 12:30pm Aug 12, 2016 12:30pm
Indicator update. Found a small bug for use of higherTFs.
Attached File(s)
File Type: ex4 xm7_Freebie_Indicator_v21.ex4   131 KB | 349 downloads
File Type: ex4 xm7_Freebie3C_Indicator_v11.ex4   133 KB | 372 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,686
  • Aug 12, 2016 12:31pm Aug 12, 2016 12:31pm
Quoting keysharp
Don't understand why these buy trades were taken? {image}
Thnx John, I'll see into adding an option so the user can decide what stop to use for the stacks.

Put some of the indicators on that chart, so we can see if at least they failed a pivot or seemed to have a #3 dot
Our AWESOME IMAGINATION is the true holy grail!
  • #8,687
  • Aug 13, 2016 3:10am Aug 13, 2016 3:10am
Hi,

I'd say, we should stick with the SL of the initial trade as global SL.
We will, however, need to figure out the basket SL as a whole after the first stack.
  • #8,688
  • Aug 13, 2016 5:37pm Aug 13, 2016 5:37pm
Quoting Reamasesa
Hi, I'd say, we should stick with the SL of the initial trade as global SL. We will, however, need to figure out the basket SL as a whole after the first stack.

Yep, Got it, working on it..
Our AWESOME IMAGINATION is the true holy grail!
  • #8,689
  • Aug 15, 2016 12:57am Aug 15, 2016 12:57am
Hi,

Not sure why this is happening but I'm getting quite a lot of them.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDM15.png Size: 42 KB
  • #8,690
  • Sep 3, 2016 12:48am Sep 3, 2016 12:48am
PSsst... anyone here?? LOL

I'll be back soon.... just taking care of business .

I plan to add one more upper TF filter. There are 2 key ideas that will make this all work.
1. Get a descent indication of the upper TF direction..
2. FIND DREADDING!!!! LOL.

But seriously One more filter and some additional ideas to help with trades that go south.
Then that will be it for this effort.

When will this happen? Probably in the coming weeks I will start poking at it but I figure that by the end of October it may be done.
Meantime any questions... PM me or leave a message here.... I will be looking from time to time.

Peace to ALL
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #8,691
  • Sep 16, 2016 5:18am Sep 16, 2016 5:18am
2 weeks doubled the account with no loss, stop searching for the Grail

No robot can adapt itself to any evenienze

The Holy Grail its you !!!!

Good trade to all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ScreenHunter_44 Sep. 16 14.12.jpg Size: 334 KB
Click to Enlarge Name: ScreenHunter_45 Sep. 16 14.12.jpg Size: 325 KB
  • #8,692
  • Sep 16, 2016 10:00am Sep 16, 2016 10:00am
Quoting antodedo
2 weeks doubled the account with no loss, stop searching for the Grail No robot can adapt itself to any evenienze The Holy Grail its you !!!! Good trade to all {image} {image}
Do you only trade the one pair ? and can you post a chart ? , I am trading Gbp/Usd and have Eur/Gbp on a second screen as they mirror each other. And I would like to achieve just what you have done ...
  • #8,693
  • Sep 26, 2016 11:25am Sep 26, 2016 11:25am
Quoting Dutchpips
Having a problem with loading the indicators. It is saying MT4 missing the indicators but they are all present {image}
Hi,

I suggest you download them from XM's website.
  • #8,694
  • Sep 26, 2016 11:49am Sep 26, 2016 11:49am
Quoting Reamasesa
{quote} Hi, I suggest you download them from XM's website.
Yes, thanks that works!!
  • #8,695
  • Sep 27, 2016 1:19am Sep 27, 2016 1:19am
Started yesterday with the Freebie 3C ea and this morning several orders from AUDUSD, EURJPY, GBPUSD and GBPJPY. Only on GBPJPY I found 60 orders running, so something is not right......

Anybody an idea??
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 85 KB
  • #8,696
  • Sep 27, 2016 4:58am Sep 27, 2016 4:58am
Result one night trading > 2000,- drawdown was -2900 this morning when I woke up.....later this turned to + $ 2000,- all this GBPJPY trades turned into a profit......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 63 KB
Click to Enlarge Name: Image2.png Size: 36 KB
  • #8,697
  • Sep 27, 2016 11:05am Sep 27, 2016 11:05am
Quoting Dutchpips
Started yesterday with the Freebie 3C ea and this morning several orders from AUDUSD, EURJPY, GBPUSD and GBPJPY. Only on GBPJPY I found 60 orders running, so something is not right...... Anybody an idea?? {image}
Hmm, the only thing that might have happened was some error with the stacking function... did u have that activated?
Do you see any errors in the logs?
The last time I saw something like that was due to an error, the EA was trying to create a trade and stuff it into a data array that did not exist.
That would cause trade errors that showed in the manner you are seeing them on your chart.

If you have time locate the first couple of trades in the logs and send me the logs.
thnx
Our AWESOME IMAGINATION is the true holy grail!
  • #8,698
  • Sep 27, 2016 11:09am Sep 27, 2016 11:09am
Quoting Dutchpips
Started yesterday with the Freebie 3C ea and this morning several orders from AUDUSD, EURJPY, GBPUSD and GBPJPY. Only on GBPJPY I found 60 orders running, so something is not right...... Anybody an idea?? {image}
Yep, I took a closer look and I think it is the stack function. Did you activate it or are u using the defaults.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,699
  • Sep 27, 2016 12:22pm Sep 27, 2016 12:22pm
Here are my settings from last night: (I changed them today and now they seem alright)......
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Click to Enlarge Name: Image1.png Size: 107 KB
  • #8,700
  • Edited 12:42pm Sep 27, 2016 12:24pm | Edited 12:42pm
Here are the log files of the early morning GPY trades
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 130 KB
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