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Price Action Trading with Indicators! The Freebie System

  • #8,741
  • Jan 9, 2017 12:08am Jan 9, 2017 12:08am
Folks UPDATE
I found the part of the code that was affecting the HA candle determination. It has been modified and it will now take trades that were missed.
It was not a bug but more of a restriction.

I also have the EA now looking for the last 5 HA candles (Checkz's request) as part of the conditions for looking for a failed pivot.

The calculation of profit has been fixed and is now accurate. The display was updated to show the daily, weekly, monthly and yearly percent gains.
You can also use the weekly target profit inputs to control when the EA will shutdown after a target is reached:

input Weekly_Percent_Profit_Target ==> The Percent Target the EA will Stop working for the week when it is reached.
WeekProfitSetBE ===> you can set a BE level as well for the week.
WeekProfit_Percent_Lock ==> You can tell EA at what percent to Lock when BE has been reached.

Note WeekProfitSetBE must be greater than WeekProfit_Percent_Lock otherwise no lock will occur when BE is reached.
Once the new week starts the EA will reset everything.

If anyone wants like a daily target limit let me know and I will add it.

Peace
Jess
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v42.ex4   137 KB | 213 downloads
File Type: ex4 xm7_Freebie_Indicator_v24.ex4   137 KB | 264 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,742
  • Jan 9, 2017 1:22am Jan 9, 2017 1:22am
Quoting xmess7
Folks UPDATE I found the part of the code that was affecting the HA candle determination. It has been modified and it will now take trades that were missed. It was not a bug but more of a restriction. I also have the EA now looking for the last 5 HA candles (Checkz's request) as part of the conditions for looking for a failed pivot. The calculation of profit has been fixed and is now accurate. The display was updated to show the daily, weekly, monthly and yearly percent gains. You can also use the weekly target profit inputs to control when the...
Xmess did you do something different to the stoploss it seems to be alot tighter than EA 40?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (13).png Size: 50 KB
  • #8,743
  • Jan 9, 2017 2:06am Jan 9, 2017 2:06am
Quoting Checkz
{quote} Xmess did you do something different to the stoploss it seems to be alot tighter than EA 40? {image}
Also the NO display option is not working every time I load the EA with the display option set to NO it still shows up on the screen.
  • #8,744
  • Jan 10, 2017 7:04am Jan 10, 2017 7:04am
Update to v43
Fixed spread and NoDisplay Option

More to come soon.
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v43.ex4   137 KB | 217 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,745
  • Jan 10, 2017 8:03pm Jan 10, 2017 8:03pm
Quoting xmess7
Update to v43 Fixed spread and NoDisplay Option More to come soon. {file}
Thanks!!!
  • #8,746
  • Jan 11, 2017 11:40pm Jan 11, 2017 11:40pm
Update version 44

Just a minor update, when u get a chance update to it.
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v44.ex4   138 KB | 206 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,747
  • Jan 12, 2017 5:33am Jan 12, 2017 5:33am
its very slow(5 charts) on 2 mt4's platform's
  • #8,748
  • Jan 12, 2017 7:33am Jan 12, 2017 7:33am
So far 44 is working fine for me.
  • #8,749
  • Jan 12, 2017 7:58am Jan 12, 2017 7:58am
Quoting Checkz
So far 44 is working fine for me.
Yes it is, sorry just an embarrassing error. I deleted my post.
  • #8,750
  • Jan 12, 2017 10:00am Jan 12, 2017 10:00am
Quoting P3t3r1960
its very slow(5 charts) on 2 mt4's platform's
I will look into that, try to use comments or no display see if that changes anything.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,751
  • Jan 16, 2017 1:45am Jan 16, 2017 1:45am
Quoting xmess7
Update version 44 Just a minor update, when u get a chance update to it. {file}
Hi xmess,

Do you have the mq4?
Thank you
  • #8,752
  • Jan 16, 2017 12:27pm Jan 16, 2017 12:27pm
Quoting Pizzo76
{quote} Hi xmess, Do you have the mq4? Thank you
Ofcourse he has the mq4 file. He is the developer of this EA....
I doubt that he will share it...
  • #8,753
  • Jan 16, 2017 12:39pm Jan 16, 2017 12:39pm
Quoting lakoenza
{quote} Ofcourse he has the mq4 file. He is the developer of this EA.... I doubt that he will share it...
Oh I see.

My mt4 does not open .ex4 files. That's all...
  • #8,754
  • Jan 16, 2017 12:43pm Jan 16, 2017 12:43pm
Quoting Pizzo76
{quote} Oh I see. My mt4 does not open .ex4 files. That's all...
Thats very strange because ex4 are compiled versions of the corresponding mq4 file...
Did you place the file in the right folder? Any errors in the 'experts' tab of your MT4?
  • #8,755
  • Jan 16, 2017 12:55pm Jan 16, 2017 12:55pm
Quoting lakoenza
{quote} Thats very strange because ex4 are compiled versions of the corresponding mq4 file... Did you place the file in the right folder? Any errors in the 'experts' tab of your MT4?

If i open the file in MetaEditor I have to select file of types: MQL4 or MQL5 (but this file it will not show up) or All files (*,*). It will show up but once open the script of the EA is basically only few strange characters...

Usually I download the file save it on the desktop, open it from Metaeditor and then save it under Expert...

Hope it makes sense
  • #8,756
  • Jan 16, 2017 2:22pm Jan 16, 2017 2:22pm
Quoting lakoenza
{quote} Ofcourse he has the mq4 file. He is the developer of this EA.... I doubt that he will share it...
Hey lakoenza . Good to see you.
Well, buddy, I am going to share the source. As soon as we have a completed version I plan to release the source. When will that be.
I am confident that it will happen within the next couple of versions. The software will be open source so as you know, anybody can do anything with the compiled version but the source must be made available for all so that they can improve on it.

Our AWESOME IMAGINATION is the true holy grail!
  • #8,757
  • Jan 16, 2017 2:25pm Jan 16, 2017 2:25pm
Quoting Pizzo76
{quote} If i open the file in MetaEditor I have to select file of types: MQL4 or MQL5 (but this file it will not show up) or All files (*,*). It will show up but once open the script of the EA is basically only few strange characters... Usually I download the file save it on the desktop, open it from Metaeditor and then save it under Expert... Hope it makes sense
Welcome Pizzo76,
The reason you do not see it in the MetaEditor is because it is the compiled version (.ex4). The MetaEditor only sees source files (.mq4 or .mq5).
So as you eluded you need to take the expert advisor from your desktop and move it to the /Experts folder.
Also make sure u have all of the required indicators. The EA will tell you if u are missing them and it will also tell u where to get them and in what folders they need to be on your machine.

You can find all the files on this thread or go to:
http://xm7.info/ea/freebie

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #8,758
  • Jan 16, 2017 2:57pm Jan 16, 2017 2:57pm
Quoting xmess7
{quote} Welcome Pizzo76, The reason you do not see it in the MetaEditor is because it is the compiled version (.ex4). The MetaEditor only sees source files (.mq4 or .mq5). So as you eluded you need to take the expert advisor from your desktop and move it to the /Experts folder. Also make sure u have all of the required indicators. The EA will tell you if u are missing them and it will also tell u where to get them and in what folders they need to be on your machine. You can find all the files on this thread or go to: http://xm7.info/ea/freebie...
Thank you xmess7, it works!
  • #8,759
  • Jan 16, 2017 5:51pm Jan 16, 2017 5:51pm
Quoting Pizzo76
{quote} Thank you xmess7, it works!
Good to know.

Folks:
Do the best u can do with the current verion. Like I mentioned before I plan revamp the current one into something faster and more accurate. I also plan to go back to the simpler version where I was making big pips and use MM to get that to be profitable. You may ask why I didn't take that approach back then, it's cause due to some projects I have had in the past month I was able to formulate a descent MM plan that can help keep the account balance in check while the indicator gets a good moment that it is profitable. So after looking at the MM strat I think that combining this with the simpler version that was making pips that we will have a profitable EA.

I know I said this before but I hope to start here soon and dedicate some time to finish the project. So again do the best you can with these versions. If you do get into a good streak please elaborate on what you are doing. We can add the logic the EA.

Take care
JEss
Our AWESOME IMAGINATION is the true holy grail!
  • #8,760
  • Jan 22, 2017 10:16pm Jan 22, 2017 10:16pm
UPDATE to latest Freebie:

Folks I am slowly developing the new update. I already have a "raw" indicator. Check out the image and see the "winners" .
I took another look at Dredding's first posts and decided that using the ZigZag on the upper TF would be one of the better ways to tell direction.
Yes the ZigZag repaints but at the higher TF we got a chance to get some pips BEFORE it repaints.

Anyhow see attached image. This is the regular Freebie using the ZigZag as the upper Trend detector. Oh I also plan to incorporate the 3C along with the original Freebie.
I will not mess that much with the 3C version until I see the final results of the original.

Enjoy:
Attached Image (click to enlarge)
Click to Enlarge Name: Freebie_update_jan22_2017.jpg Size: 225 KB
Our AWESOME IMAGINATION is the true holy grail!
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