AmazingEA: Automated Straddle Trading Expert Advisor | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Automated or semi automated trading? 3 replies

Super Carry Trading Strategy - Expert Advisor 22 replies

Expert Advisor Bot or Manual Trading? 8 replies

MetaTrader Expert Advisor BUILDER for backtesting and auto trading 4 replies

Please help code addition to -AmazingEA- 1 reply

Attachments: AmazingEA: Automated Straddle Trading Expert Advisor
Exit Attachments

AmazingEA: Automated Straddle Trading Expert Advisor

  • #261
  • Dec 14, 2016 12:46am Dec 14, 2016 12:46am
Hi Alan,
thanks for this great EA! I trade with the 3.0.0. version since 3 month.
This week I installed the new version on the first side of these threat.
It worked in the beginning, but after closing the MT4 and restarting again, everthing is deleted, so it starts like I never have installed and changed anything!

I installed on my Demo-Accout, but at my broker itīs not called "leverate-demo" but "leverate-europe" instead! Creats this a problem of the free Amazing EA demo-version?

Thanks for your help,
Chris
  • #262
  • Dec 17, 2016 10:41pm Dec 17, 2016 10:41pm
Quoting RichiRich99
Hi Alan, thanks for this great EA! I trade with the 3.0.0. version since 3 month. This week I installed the new version on the first side of these threat. It worked in the beginning, but after closing the MT4 and restarting again, everthing is deleted, so it starts like I never have installed and changed anything! I installed on my Demo-Accout, but at my broker its not called "leverate-demo" but "leverate-europe" instead! Creats this a problem of the free Amazing EA demo-version? Thanks for your help, Chris
Hi Chris

Sorry I only saw your message just now. The Demo version checks if the Name 'Demo' appears in the server name but there is also a special Server flag for Real or Demo which it also checks. So, as long as the broker has set the Demo flag properly then it shouldn't matter.

Hope that helps.

Alan
  • #263
  • Edited 6:56am Jan 4, 2017 6:21am | Edited 6:56am
Hi Alan,
happy new year and good trades for 2017!

Yesterday (03.01.2017) I was trading GBP-Manufacturing PMI I recorded the session on video (with OBS, what gamer use for Youtube), so
I recognized, that when the AmazingEA opened the position 20sec before Newstime it added a Spread of 3.2 Pips and the part of the Spread didnt change when
it modified the position at the Newstime ->SecBMO (Spread was at 7.2! normaly its around 0.2!!).

So my question:
Does the EA take the spread at the opening time (e.g. 20 sec before Newstime) and keeps this amount of Spread while modifiing at Newstime?
Doesnt the spread change the size of the position anymore in the last second?

And why you dont trade with guaranteed spreads?

Thanks for your help again,
Chris
P.S. I checked the log and I didnīt get any ticks in the last 4 seconds before newstime in all 5 pairs Iīve traded, is this normal, because nothing happend or is it a broker-problem?
  • #264
  • Jan 11, 2017 1:18pm Jan 11, 2017 1:18pm
Quoting RichiRich99
Hi Alan, happy new year and good trades for 2017! Yesterday (03.01.2017) I was trading GBP-Manufacturing PMI I recorded the session on video (with OBS, what gamer use for Youtube), so I recognized, that when the AmazingEA opened the position 20sec before Newstime it added a Spread of 3.2 Pips and the part of the Spread didnt change when it modified the position at the Newstime ->SecBMO (Spread was at 7.2! normaly its around 0.2!!). So my question: Does the EA take the spread at the opening time (e.g. 20 sec before Newstime) and keeps this amount...
do you know good brokers with garanteed spread ?
  • #265
  • Jan 11, 2017 2:15pm Jan 11, 2017 2:15pm
Quoting RichiRich99
Hi Alan, happy new year and good trades for 2017! Yesterday (03.01.2017) I was trading GBP-Manufacturing PMI I recorded the session on video (with OBS, what gamer use for Youtube), so I recognized, that when the AmazingEA opened the position 20sec before Newstime it added a Spread of 3.2 Pips and the part of the Spread didnt change when it modified the position at the Newstime ->SecBMO (Spread was at 7.2! normaly its around 0.2!!). So my question: Does the EA take the spread at the opening time (e.g. 20 sec before Newstime) and keeps this amount...
It does take into acccount the changed spread at modify time, but the spread is only applied to the Buy Price so if it was a Sell order, it may not be obvious. What it can't do however is change the Risk Amount if using MM, unless I change the EA to kill the order and recreate it with lower Risk to take into account the increased spread. I've never done that because some brokers servers are so slow, you might miss the trade.

Some brokers offer guaranteed spreads but many of the ones I tried refused to allow EA or they employ other tricks (like no ticks few seconds before the news). No ticks is often a sign of broker manipulation.
  • #266
  • Jan 17, 2017 2:38am Jan 17, 2017 2:38am
Quoting aagarcia
{quote} Hey man get lost. You're an incredibly rude individual with a self righteous attitude. No one owes you ANYTHING. If you don't like it go to another thread promoting something else. If I were Alan I wouldn't answer another one of your silly questions.
Dear aagarcia,

I thank you for your offence (my questions are "silly"): but I do not care about your low level speaking and I hope your trading is better. So, here it is my question: how's going your P/L with this EA?

Good bye.
  • #267
  • Jan 28, 2017 4:23am Jan 28, 2017 4:23am
Hi Alan,
I have another problem maybe with ticks Iīm not shure about it:

Often my order is executed 3-1 sec before news time and because there is no OCO before news time it is executed 2-4 times within less than a second, like it happend on last frieday. How can it be when the EA should modify the order right up to the news time -> secBMO=0 / secBPO=20 / secBAO=3?
What can I change to avoid executed orders before news time?

Maybe it is better to close the order (OCO) even before news time instead of having 2-4 losses in one currency pair before the news have started...

Or is it a problem with my boker so that the EA isīt fast enough?

I īve checked the broker who offers guaranteed spreads and they widen the spread during news time and offer the guaranteed spreads in the
mean time only so that there are more expensiv than other ones.

Thanxs again, Chris
  • #268
  • Jan 29, 2017 4:56pm Jan 29, 2017 4:56pm
Quoting RichiRich99
Hi Alan, I have another problem maybe with ticks Im not shure about it: Often my order is executed 3-1 sec before news time and because there is no OCO before news time it is executed 2-4 times within less than a second, like it happend on last frieday. How can it be when the EA should modify the order right up to the news time -> secBMO=0 / secBPO=20 / secBAO=3? What can I change to avoid executed orders before news time? Maybe it is better to close the order (OCO) even before news time instead of having 2-4 losses in one currency pair before the...
Hi Chris, there are a few possibilities.

1) Poinstaway/SL is too low
2) Your clock or broker's clock is inaccurate

With the first problem, the spread is captured when the order is modified as we discussed before. If the order is executed multiple times, within a few seconds the brokers server is fast enough and must be receiving ticks as a price change has to happen to spike the spread.

To be sure you need to check the AmazingEA-Ticks file and compare it to your AmazingEA-Logs file.

You may have set Pointsaway too low. To give you an idea I use 100 (10 pips). Same if you set SL too low ( I use 100 for that too). If you have AddSpreadToSL switched off that would definitely cause this issue. That setting is historical as somebody once requested it but I wouldn't advise anybody to use that.

With the second problem, if the clock is not accurate depending on whether you have UseBrokerTime on or off, that may cause some issues.

I can update the EA so it doesn't re-execute an order that has already closed. I added that function to my other Fibo EA but since the orders are only live for a few seconds normally I never added that. Let me know what you think.
  • #269
  • Feb 6, 2017 4:02am Feb 6, 2017 4:02am
Version 9.05 Released

26 January 2017
Version 9.05 Modified by Alan Prothero
Fixed Bug due to MT4 Build 1031 not allowing to convert String to Boolean

03 November 2016
Version 9.04 Modified by Alan Prothero
Fixed an issue checking Account Names with spaces
Trade Comment when using MM is now corrected

There has only been three very small bugfixes since October. Hopefully they are self explanatory. It's not important to update but if you are a licensed user and want an update, then please let me know.

Alan
  • #270
  • Feb 8, 2017 3:43am Feb 8, 2017 3:43am
Hi Alan,
I checked my data, but Iīm not shure how to read them ?!
There where no ticks listed in sec 58" but 3 executed orders in the AmazinEA logs (Tick/log) and
in the MT4-log the first notice for the news time at 17:00 was:

16:59:58.473 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.488 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.520 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.520 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.551 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.551 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.629 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.878 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.894 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.910 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.925 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)
1 16:59:58.941 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications)



Is it possible that just the ask-price moves because of the spread but not the bit-price and that the EA modifies order only when the bit-price moves?
But that doesnīt make sense because of the modification with spread??!!


Because of your points 1 and 2 you mentioned above:

Most of the time my Points Away was 1.5 pips (too low) and SL also
sometimes it was PoAw 8.0 ans Sl 10.0 but the spread widened about 20* to 30*

I ckecked my historical trading data also ( over 500 Tades during the last 6 month) and I maid a lost of 15% because of "early" trades (2-3 seconds before News time)
and 2-4 executed orders within ticks...
So I thing it would be better to have an OCO even before news time!


The biggest problem when news trading is the widen spread, I noticed that the spread widens and comes back in the first 300 - 500msec,so if we can open the trade planed bei msec,
we can avoid the big spread range of the first halfe second and donīt miss the first sec completly, what can causes a loss of the first big movement,like you mentioned in the EA settings, and with a smaller spread we can open a trade closer to the price (Points Away)
What do you think?

Is it possible to have msec in the amazingEA?
Chris
  • #271
  • Feb 8, 2017 6:58pm Feb 8, 2017 6:58pm
Quoting RichiRich99
Hi Alan, I checked my data, but Im not shure how to read them ?! There where no ticks listed in sec 58" but 3 executed orders in the AmazinEA logs (Tick/log) and in the MT4-log the first notice for the news time at 17:00 was: 16:59:58.473 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications) 1 16:59:58.488 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications) 1 16:59:58.520 Notifications: invalid MetaQuotes ID setting (Tools->Options->Notifications) 1 16:59:58.520 Notifications: invalid MetaQuotes ID...
Hi Chris

Right first things first, the 'invalid MetaQuotes ID setting' is nothing to with the EA - it means the MT4 is trying to send a Trade Notification to your phone but the ID entered in MT4 is wrong. If you changed phones or reinstalled Mobile MT4 your Mobile ID might be different now. Set it up again but use the 'Test' button to make sure it works.

Next, the EA does track Bid for Sell and Ask for Buy. If you set Pointsaway=20 (2 pips) and the spread goes to 20 pips, the orders will be (20+2+2) i.e. 24 pips away from each other. Does that make sense? The problem is when the spread blows out very suddenly - quicker than the EA can react.

Your broker is doing something 'dodgy' if the Ticks freeze at 58 seconds but your orders execute multiple times after that. The other thing to check is SecBMO which must be set to 0 in your situation - that tells the EA to keep modifying right up until News Time.

May I ask which broker and account type you are using? Personally, I would look at using a different broker
  • #272
  • Feb 9, 2017 6:20am Feb 9, 2017 6:20am
Hey Alan,
Iīm using a Demo of "Lerverate"...

SecBMO is 0.
Can you recommand an other broker?
I check my data again on the weekend and let you know, maybe Iīm wrong.

"spread blows out very suddenly - quicker than the EA can react" : thatīs a point, sometimes the spread blows out 2o-30 times higher in msec and back...
So what do you thing about msec in the Amazing EA?
  • #273
  • Feb 9, 2017 3:17pm Feb 9, 2017 3:17pm
Quoting RichiRich99
So what do you thing about msec in the Amazing EA?
The main reason I created the PointsGap idea where your orders are placed further away and then brought close to current price at SecBAO seconds before the news was originally because most brokers systems were too slow in creating the orders. Especially because at the time the EA could only work off Price Ticks (now it has a 50msec timer as well). So what used to happen was if you set SecBPO to 5 seconds, you might be lucky to get your orders in on time.

The problem is most people's broker servers won't work that fast. So if you said move the orders into position 100 milliseconds before the news I'm not sure that would work for most people. So my initial thoughts are to say No. However, times change and so does technology so it's something I'd consider with some more investigation.

I looked up Leverate and it seems to be a technology company who make software for brokers not an actual broker themselves. Can you post the link where you downloaded the Demo? I think I would have to test it myself. Alternatively, if you look in the help files about where to find all 4 log files and upload the logs to the thread, I can have a look at what is going on. Hint: zip the logs together and upload the zip.
  • #274
  • Edited Feb 10, 2017 12:18am Feb 9, 2017 11:57pm | Edited Feb 10, 2017 12:18am
Hi Alan, thanxs for your help.

I uploaded the zip and
here is the MT4 Download:
https://www.direktbroker-fx.de/en/login/

My idea using msec is to move the orders into position 300-500 milliseconds AFTER the news (if, what you mentioned, the broke will be fast enough) , so we can trade still a part of the first sec of the news time AND we are
late enough to avoid widen spreads what happens tremendous within the first 500msec ...the spread is still high after the 500 msec but not so extrem like in the first 500msec...let me know what you think, I think, we can save a lot of money, if this would be possible...

P.S:
ModifyGap =1, maybe itīs to low and there is delay because the modification needs too long? I find that 10 is too hight, what do you recommend?
Attached File(s)
File Type: zip Desktop.zip   9 KB | 264 downloads
  • #275
  • Feb 12, 2017 9:49pm Feb 12, 2017 9:49pm
Quoting RichiRich99
Hi Alan, thanxs for your help. I uploaded the zip and here is the MT4 Download: https://www.direktbroker-fx.de/en/login/ My idea using msec is to move the orders into position 300-500 milliseconds AFTER the news (if, what you mentioned, the broke will be fast enough) , so we can trade still a part of the first sec of the news time AND we are late enough to avoid widen spreads what happens tremendous within the first 500msec ...the spread is still high after the 500 msec but not so extrem like in the first 500msec...let me know what you...
Hi Chris

First of all, there are another 2 log files that are needed that look like '20170218.log', one from MT4\logs and one from MT4\Experts\Logs. I can' t really tell what is happening.

Secondly, GBPCAD is a very illiquid pair and is likely to jump around. The problem is your orders are being activated before the news and then maybe Stopped out, but I can't tell without the other logs. If you really want to try something like holding off on moving the orders into position use SecBAO=0 and SecBMO=-1 to force the EA to move the orders into position after the News.

Thirdly, ModifyGap=1 will make things a lot worse. That means change the order for every tiny price change. While it is wasting time changing the order for a minute change in price it is not ready when a big price change occurs. In fact the higher number is better so I actually set the maximum you can use to 20.

So first of all, pick a more liquid pair like GBPUSD, use higher Pointsaway like at least 100 and SL at least 150, use ModifyGap anywhere from 10 to 20. Once you have some trades that have worked well, gradually reduce the settings until you get to what is comfortable. But personally I have never used < Pointsaway=50 and that was on a special account that I knew could work with that. I mostly use 80 to 100.

One more Pro tip: sometimes the spread widening is actually good as long as it triggers your trade in the correct direction. As long as you have a wide enough SL then your trade may end up being a winner anyway Slippage is much more of an issue than spread and that is when price jumps or gaps too far.

Alan
  • #276
  • Feb 14, 2017 2:46am Feb 14, 2017 2:46am
Version 9.06 Released

14 February 2017
Version 9.06 Modified by Alan Prothero
FF Calendar now re-downloaded after every News Event to pickup changes/updates
Fixed 5004 Errors when using multiple charts and Saving Calendar

There was a problem where Forex Factory could update the weeks news events and the EA wouldn't necessarily get the update, so I decided to set it so that after every News Event it refreshes the list of News.
  • #277
  • Feb 15, 2017 11:49am Feb 15, 2017 11:49am
hello Alan I purchased your EA. Now what should I do?i mean... A level of information that I have to give you
  • #278
  • Feb 15, 2017 12:33pm Feb 15, 2017 12:33pm
Quoting tom922
hello Alan I purchased your EA. Now what should I do?i mean... A level of information that I have to give you
Hi Tom, I received it. You have given me all the information I need.

It's first thing in the morning here in Australia, I'll code the EA and send it straight to your email address as soon as I can once I get some quiet time at work. Should be with you in the next 4 / 5 hours at the most. Meanwhile download the zips from the first post as you will use some of the files from there.

Thanks for purchasing!

Regards Alan
  • #279
  • Feb 16, 2017 4:58pm Feb 16, 2017 4:58pm
Version 9.06 Redacted

I have taken 9.06 down due to there being a problem with the News download feature. This particularly affects new installations which is why I didn't pick it up on my system. I will fix the issue and put up Version 9.07 soon.

Meanwhile, it's best to just use 9.05 until I issue a fix.
  • #280
  • Feb 17, 2017 10:17pm Feb 17, 2017 10:17pm
Version 9.07 Released

18 February 2017
Version 9.07 Modified by Alan Prothero
Fixed Bug affecting FF Calendar download and File Save introduced in 9.06
Fixed issue where EA not handling Blank Date ('0000-00-00 00:00:00') properly

The bugs found in 9.06 have been fixed, so now I'm really chuffed - the EA is handling multiple charts/multiple files nicely, and it's dealing with the situation where you might have seen a Blank Date ('0000-00-00 00:00:00').
1 trader viewing now