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Variable RANGE Breakout - A exciting new concept in EA trading

  • #101
  • Edited 11:07am Oct 16, 2016 10:54am | Edited 11:07am
Quoting untungC
{quote} Hi Dave, if I want this EA automatic trading in London Open + 1 hour and New York Open + 1 hour, how I do the in put in changing the parameter. Thanks for your guidance.
You need to relate the London Open and NY Open to your particular MT4 time and then change the time parameters in the set file to conform to your requirements.

The default values give 1220 MT4 time as the end of the lookback period (4 periods = 20 mins) also change the time values as required for the validity of the signal - 1220 to 1255.

You could use an "or3" connection to incorporate both Market Opens but given your level of understanding, it is probably better that you use 2 separate EA's (use separated Magic Number seeds)

I can't be any more specific because you haven't provided sufficient detail such as your Broker's MT4 time zone and required duration of orders.
  • #102
  • Edited 5:28pm Oct 16, 2016 5:17pm | Edited 5:28pm
Hi Dave,
Issue: "Auto Trade" mode would not execute (newly discovered trades cadidate from scanner) trades
I'm running "Auto Trade" mode on one chart, and "Scanner" mode on another chart; Both with the same settings.
When "Scanner" discovered new trade candidate, "Auto Trade" chart should execute the trade, but that is not so.
Notice from image bellow: "Scanner" has aquired multiples trades candidates since 23:03 onward, but non is being executed.
Again, im running 2 instances of Variable EA; one is "Auto Trade" mode, another is "Scanner" mode; both with same settings.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 58 KB
Attached File(s)
File Type: txt icm-16oct.txt   < 1 KB | 505 downloads
  • #103
  • Oct 16, 2016 10:10pm Oct 16, 2016 10:10pm
Thanks Dave for the great work you are doing for all of us, one question, to change parameters and numbers dont know what they stand for, can you made a video or explaining about those changes how that works, Thanks.
  • #104
  • Oct 16, 2016 10:29pm Oct 16, 2016 10:29pm
Quoting Dave_C
{quote} You need to relate the London Open and NY Open to your particular MT4 time and then change the time parameters in the set file to conform to your requirements. The default values give 1220 MT4 time as the end of the lookback period (4 periods = 20 mins) also change the time values as required for the validity of the signal - 1220 to 1255. You could use an "or3" connection to incorporate both Market Opens but given your level of understanding, it is probably better that you use 2 separate EA's (use separated Magic Number seeds) I can't be...
Hi Dave,
If my MT4 time for london session is on 9:00 so the setting will be as follow:

Instrument_Codes=eurusd audusd gbpusd usdchf
Help1=MagicNum TradeMode RefVal WgrInc BarLmt TimeFr TstEqty BaseCcy AltType Comment
Trade_Parameters=456200 eq 2.0 1.0 7 5 10000 AUD list VariableRangeBreakout
Help2=LookBk TimeFr Typ1 Param1 2 3 Shift Comp TimeFr Typ2 Param1 2 3 Shift
Buy_Entry=mkt 1 5 cl 0 0 0 0 gt 5 htm 09 05 4 0 and 1 5 tm 0 0 0 0 gt 0 nv 0 09 05 0 and 1 5 tm 0 0 0 0 lt 0 nv 0 10 30 0
Sell_Entry=mkt 1 5 cl 0 0 0 0 lt 5 ltm 09 05 4 0 and 1 5 tm 0 0 0 0 gt 0 nv 0 09 05 0 and 1 5 tm 0 0 0 0 lt 0 nv 0 10 30 0
Buy_Exit=1 0 sl 20 5 0 0 eq 0 nv 7x 0 0 0 or1 1 0 tp 0 0 0 0 eq 0 nv 7x 0 0 0
Sell_Exit=1 0 sl 20 5 0 0 eq 0 nv 6x 0 0 0 or1 1 0 tp 0 0 0 0 eq 0 nv 46x 0 0 0

so, if the setting as stated above the trading tim will start from 9:05 to 10:30 => is that right

Thanks
Untung
  • #105
  • Oct 17, 2016 2:11am Oct 17, 2016 2:11am
Quoting getting
Hi Dave, Issue: "Auto Trade" mode would not execute (newly discovered trades cadidate from scanner) trades I'm running "Auto Trade" mode on one chart, and "Scanner" mode on another chart; Both with the same settings. When "Scanner" discovered new trade candidate, "Auto Trade" chart should execute the trade, but that is not so. Notice from image bellow: "Scanneomr" has aquired multiples trades candidates since 23:03 onward, but non is being executed. Again, im running 2 instances of Variable EA; one is "Auto Trade" mode, another is "Scanner" mode;...
Scanner signals are always generated when the entry criteria is matched whereas signals are ignored in Auto when an existing trade is open.

I will have to check your assertion in the no trades situation because the logic is common and you have not given me both diagrams.
  • #106
  • Edited 4:53am Oct 17, 2016 2:23am | Edited 4:53am
Quoting untungC
{quote} Hi Dave, If my MT4 time for london session is on 9:00 so the setting will be as follow: Instrument_Codes=eurusd audusd gbpusd usdchf Help1=MagicNum TradeMode RefVal WgrInc BarLmt TimeFr TstEqty BaseCcy AltType Comment Trade_Parameters=456200 eq 2.0 1.0 7 5 10000 AUD list VariableRangeBreakout Help2=LookBk TimeFr Typ1 Param1 2 3 Shift Comp TimeFr Typ2 Param1 2 3 Shift Buy_Entry=mkt 1 5 cl 0 0 0 0 gt 5 htm 09 05 4 0 and 1 5 tm 0 0 0 0 gt 0 nv 0 09 05 0 and 1 5 tm 0 0 0 0 lt 0 nv 0 10 30 0 Sell_Entry=mkt 1 5 cl 0 0 0 0 lt 5 ltm 09 05 4 0 and...
No that is not correct.
You have the hours input in the days position and the relevant time is the end of the period not the start for htm and ltm. Should be htm 0 9 20 4.

Nominated Value for time (tm) however should start at 0 9 20 0.

Buy_Entry=mkt 1 5 cl 0 0 0 0 gt 5 htm 0 9 20 4 and 1 5 tm 0 0 0 0 gt 0 nv 0 9 20 0 and 1 5 tm 0 0 0 0 lt 0 nv 0 10 30 0
  • #107
  • Edited 4:42pm Oct 17, 2016 2:31am | Edited 4:42pm
Quoting park
Thanks Dave for the great work you are doing for all of us, one question, to change parameters and numbers dont know what they stand for, can you made a video or explaining about those changes how that works, Thanks.
Have just realized that a diagram has dropped from Post #1. Will restore that when I can find my copy.

In the meantime, follow this link from Post #1 that refers to Agility Trader for a fuller explanation.

EDIT: Diagram Enclosed
Attached Image (click to enlarge)
Click to Enlarge Name: Variable Range Breakout.jpg Size: 374 KB
  • #108
  • Oct 18, 2016 9:51am Oct 18, 2016 9:51am
Quoting Dave_C
{quote} Scanner signals are always generated when the entry criteria is matched whereas signals are ignored in Auto when an existing trade is open. I will have to check your assertion in the no trades situation because the logic is common and you have not given me both diagrams.
Notice how none of the results from the "Scanner" are in the existing open orders. Screenshots only taken few seconds apart.
One solution i got is to re-attached to the EA to the chart every 10min or so, and hit "auto trade" to achieved my intention, but that's not practical.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 63 KB
Click to Enlarge Name: Screenshot2.png Size: 59 KB
  • #109
  • Oct 18, 2016 3:26pm Oct 18, 2016 3:26pm
Quoting getting
{quote} Notice how none of the results from the "Scanner" are in the existing open orders. Screenshots only taken few seconds apart. One solution i got is to re-attached to the EA to the chart every 10min or so, and hit "auto trade" to achieved my intention, but that's not practical. {image} {image}
Thanks for your input.

That is exactly what I was looking for and there is obviously a mistake in my coding which I will investigate and fix. (may take a couple of days!)
  • #110
  • Oct 18, 2016 11:16pm Oct 18, 2016 11:16pm
General update at Post #1.

  1. Addresses the issue in Post #108
  2. Adjustment to the graph display for Low Res screens
  3. Adjustment to Sell Entry logic.

  • #111
  • Oct 19, 2016 5:09am Oct 19, 2016 5:09am
Quoting Dave_C
{quote} Have just realized that a diagram has dropped from Post #1. Will restore that when I can find my copy. In the meantime, follow this link from Post #1 that refers to Agility Trader for a fuller explanation. EDIT: Diagram Enclosed {image}
Hi Dave, to day the EA did not put any order between 12:20 to 12:55 what should I do

Thanks
  • #112
  • Oct 19, 2016 12:01pm Oct 19, 2016 12:01pm
Quoting untungC
{quote} Hi Dave, to day the EA did not put any order between 12:20 to 12:55 what should I do Thanks
Check each chart to see if the boundaries were breached between 1220 - 1255
  • #113
  • Oct 25, 2016 3:17am Oct 25, 2016 3:17am
Hi Dave
I have noticed when back testing different parameters, I can get same values for best win/ worst loss ?
see attached.
Is this a back test issue only do you think? see attached.

Screenshot 2016-10-25 19.04.47.png
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2016-10-25 19.04.47.png Size: 238 KB
  • #114
  • Oct 25, 2016 3:21am Oct 25, 2016 3:21am
let me clarify
when I Test parameters and then change them back to smaller settings, as above, the win / loss values stay at the higher levels as you can see.
Only when I reload ea is this rectified. Hope that explains it better.

regards
  • #115
  • Oct 25, 2016 4:13am Oct 25, 2016 4:13am
Quoting ptla
let me clarify when I Test parameters and then change them back to smaller settings, as above, the win / loss values stay at the higher levels as you can see. Only when I reload ea is this rectified. Hope that explains it better. regards
Thank you for your alert. I will amend that in my next build.
  • #116
  • Nov 2, 2016 2:33am Nov 2, 2016 2:33am
Agility Trader 3 is now released.
  • #117
  • Nov 17, 2016 12:20am Nov 17, 2016 12:20am
Please use this post and Agility Trader 3 for future reference.
  • #118
  • Jan 24, 2017 8:41am Jan 24, 2017 8:41am
iv'e been trying to make this EA work for a while , but despite the logo says (enabled )
it doesn't do anything no trades are opened ????????????
  • #119
  • Feb 19, 2017 10:12pm Feb 19, 2017 10:12pm
Quoting odayzak
iv'e been trying to make this EA work for a while , but despite the logo says (enabled ) it doesn't do anything no trades are opened ????????????
Refer to above post.
  • #120
  • Last Post: Nov 3, 2022 1:42pm Nov 3, 2022 1:42pm
hello dev how can i access licence, because link provided by you not working
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