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Price Action Trading with Indicators! The Freebie System

  • #8,841
  • Feb 6, 2017 3:27am Feb 6, 2017 3:27am
Update 50 done

Made sure EA groups magic numbers pairs as basket and that it does not affect other trades
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v50.ex4   141 KB | 256 downloads
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  • #8,842
  • Feb 6, 2017 4:14am Feb 6, 2017 4:14am
Quoting xmess7
Update 50 done Made sure EA groups magic numbers pairs as basket and that it does not affect other trades {file}
Thanks for answering those questions.
Will use this v50 EA.

Thanks. Much appreciated.

Bruce
  • #8,843
  • Feb 6, 2017 9:05am Feb 6, 2017 9:05am
Quoting xmess7
First Blood!!! LOL I just checked and I have already had one long trade for profit and have a second that is open. Since I set the daily percent to 2%, if this trade hits profit the EA will stop for the day and start again tommorrow. Under live account I would close it right now, but I am letting play. This will test to see if the zigzag trend us correct, too. John, this trade was made on the broker u are testing, forexware. No trade as of yet on CMTrading, Kadaa. EDIT: Actualy there were already two trades, that have closed in profit. You can see...
xmess i am having an issue with the EA let em show you the errors
Attached Image(s) (click to enlarge)
Click to Enlarge Name: prince.PNG Size: 130 KB
Click to Enlarge Name: prince2.PNG Size: 131 KB
  • #8,844
  • Feb 6, 2017 9:49am Feb 6, 2017 9:49am
This is my second loss! And my first trade with GBPJPY - also a loss.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Forexware LLC.png Size: 102 KB
Click to Enlarge Name: Forexware LLC 2.png Size: 98 KB
  • #8,845
  • Feb 6, 2017 10:51am Feb 6, 2017 10:51am
Guys pls use v50 as it has some errors that can affect the trades.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,846
  • Feb 6, 2017 10:58am Feb 6, 2017 10:58am
Quoting kdaawwgy
{quote} xmess i am having an issue with the EA let em show you the errors {image} {image}
Kdaa:

1st upgradeto v50

2nd.. man that broker does not like the trades the ea makes!!!! The error u see called out (error 4112) means the the server disabled the EA. Ill look into it but if thst is thw case i cant do much about it since it wasthe broker's server that did that. Why?? I cant imagine why.. So if i cant find out whats up thwn i would recommend u use asifferwnt server for this EA.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,847
  • Feb 6, 2017 11:21am Feb 6, 2017 11:21am
Quoting xmess7
{quote} Kdaa: 1st upgradeto v50 2nd.. man that broker does not like the trades the ea makes!!!! The error u see called out (error 4112) means the the server disabled the EA. Ill look into it but if thst is thw case i cant do much about it since it wasthe broker's server that did that. Why?? I cant imagine why.. So if i cant find out whats up thwn i would recommend u use asifferwnt server for this EA.
Which broker would you recommend i should you so the EA can work properly in ?
  • #8,848
  • Feb 6, 2017 12:15pm Feb 6, 2017 12:15pm
Quoting kdaawwgy
{quote} Which broker would you recommend i should you so the EA can work properly in ?

Hold on bro, let me see if I can figure out a solution.

I use PeppreStone, Oanda, Fxchoice, Tradersway, TraderKing for all my live trading. No issues with using EAs on these and in general no problems with them either.
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  • #8,849
  • Feb 6, 2017 4:07pm Feb 6, 2017 4:07pm
Hi

Can anybody help me with#MTF_zigzag_sm7.ex4 indicator

Thanks
  • #8,850
  • Feb 6, 2017 6:16pm Feb 6, 2017 6:16pm
Quoting wyn000
Hi Can anybody help me with#MTF_zigzag_sm7.ex4 indicator Thanks

Hi what do you need to know?

One thing is for sure, you need the ZigZag,ex4 indicator. If that is not in your indicator folder the #MTF zigzag will not work.

you can always find all the latest EAs and Indicators t:
http://xm7.info/ea/freebie
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  • #8,851
  • Feb 6, 2017 10:15pm Feb 6, 2017 10:15pm
Version 51.

Sort of critical change. I noticed that when the EA is initially loaded that it did not load the upperTrend filter. It would only load it when the next period or day or whatever you set happened. After that the EA had the right upperTrend direction. So John may your losses on GBPJPY where due to that.

I also made some corrections to the way it closed trades and or calculates profit.

OH, I also made the MTF_ZigZag line visible. That way u can see what the upperTf ZigZag looks like at the lower TF. The EA looks for the last top or bottom to determine trend direction. The zigzag setting do not have the default settings,, they have my SECRET SAUCE settings LOL....
Attached Image (click to enlarge)
Click to Enlarge Name: Freebie_mtf_zigzag.jpg Size: 271 KB
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v51.ex4   141 KB | 263 downloads
File Type: ex4 #MTF_ZigZag_xm7.ex4   8 KB | 463 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,852
  • Feb 6, 2017 10:51pm Feb 6, 2017 10:51pm
Xmess7 which inputs do we use default or the inputs that you used to say we should download ?....I also have been seeing some funny stuff or maybe i gotta tell the EA something cause like it goes into profit then after a while if I don't close the profit it will go to loss after a while and close with a loss
  • #8,853
  • Feb 6, 2017 11:59pm Feb 6, 2017 11:59pm
Quoting kdaawwgy
Xmess7 which inputs do we use default or the inputs that you used to say we should download ?....I also have been seeing some funny stuff or maybe i gotta tell the EA something cause like it goes into profit then after a while if I don't close the profit it will go to loss after a while and close with a loss
For now just use the defaults.
Set the risk at whatever percent u feel like. I am using 1%
I am aiming for 2% a day.

Please use this latest version, cause like i mentioned the earlier version did not detect the upperTF zigzag correctly so as a consequence that EA may of taken trades in the contrary.

What u also need to do is observe... make note of how positive the trades get. That way next time you just set your TP to something like that.
Right now we are just observing, what is the profit, how long does it last, etc etc.
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #8,854
  • Feb 7, 2017 6:46am Feb 7, 2017 6:46am
Quoting xmess7
{quote} Hi what do you need to know? One thing is for sure, you need the ZigZag,ex4 indicator. If that is not in your indicator folder the #MTF zigzag will not work. you can always find all the latest EAs and Indicators t: http://xm7.info/ea/freebie

I have used the link and the indicator does not want to download?

Can you assist please

Thanks
  • #8,855
  • Feb 7, 2017 10:40am Feb 7, 2017 10:40am
Quoting wyn000
{quote} I have used the link and the indicator does not want to download? Can you assist please Thanks
Really?? I just upgraded thesite due to that very same problem.

So u can get the indicator by downloading it from my recent post ( the last post thst also has the latest EA)
Or
Go back to the site and place yer mouse over the file and left click so u can see a menu. From that menu selecr save link as.

dont forget to refresh yer browser too
Our AWESOME IMAGINATION is the true holy grail!
  • #8,856
  • Feb 8, 2017 9:18am Feb 8, 2017 9:18am
In this short sell, all was right to set up the trade. But the #3dot was below and the stock was not above the 20line so this made this trade a loss.
Attached Image (click to enlarge)
Click to Enlarge Name: Forexware LLC.png Size: 94 KB
  • #8,857
  • Feb 8, 2017 9:25pm Feb 8, 2017 9:25pm
Quoting keysharp
In this short sell, all was right to set up the trade. But the #3dot was below and the stock was not above the 20line so this made this trade a loss. {image}
John I didn't get that trade. I double checked the code and it has that the
stoch_sig>20 with the stoch_main>stoch_sig for a sell condition

Hopefully u had showDebug on so we can see what happened in the Experts log.

EDIT: IF the dash line in the stoch window is the signal then it looks like it is above the 20.

Here's what I got so far for this same broker:
Attached Image (click to enlarge)
Click to Enlarge Name: Freebie_EAv51_noSellTrade.jpg Size: 248 KB
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  • #8,858
  • Feb 8, 2017 9:32pm Feb 8, 2017 9:32pm
Quoting xmess7
Version 51. Sort of critical change. I noticed that when the EA is initially loaded that it did not load the upperTrend filter. It would only load it when the next period or day or whatever you set happened. After that the EA had the right upperTrend direction. So John may your losses on GBPJPY where due to that. I also made some corrections to the way it closed trades and or calculates profit. OH, I also made the MTF_ZigZag line visible. That way u can see what the upperTf ZigZag looks like at the lower TF. The EA looks for the last top or bottom...
[/i][/b][/u]
I am still using EA_47 but I am thinking about downloading the EA_51 but im confused by what you mean when you say the zigzag settings don't have the default settings. Can you explain this before I download the EA_51 because if the zigzag mtf show that the Zigzag is on the bottom then the EA will only buy right or does your secret sauce settings tell the EA to not to buy?
  • #8,859
  • Feb 8, 2017 9:38pm Feb 8, 2017 9:38pm
Quoting keysharp
In this short sell, all was right to set up the trade. But the #3dot was below and the stock was not above the 20line so this made this trade a loss. {image}
John:
I forgot to put the pivots on the previous image. This is what I didn't get a trade, no pivot fail.
I re-uploaded v51 onto the server, just in case I messed and gave u guys the a copy that was old but with the new name.
http://xm7.info/ea/freebie/

Since I cannot edit the previous post I am re-posting the EA again here.
Also make sure to download pivots_v3 again. As you can see my pivots are to what you have.
Attached Image (click to enlarge)
Click to Enlarge Name: Freebie_EAv51_noPivotFailure.jpg Size: 246 KB
Attached File(s)
File Type: ex4 xm7_Freebie_EA_v51.ex4   141 KB | 338 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,860
  • Feb 8, 2017 9:59pm Feb 8, 2017 9:59pm
Quoting Checkz
{quote}[/i][/b][/u] I am still using EA_47 but I am thinking about downloading the EA_51 but im confused by what you mean when you say the zigzag settings don't have the default settings. Can you explain this before I download the EA_51 because if the zigzag mtf show that the Zigzag is on the bottom then the EA will only buy right or does your secret sauce settings tell the EA to not to buy?
Checkz. The MTF_ZigZag has the settings hardcoded. I didn't place them as inputs so even if u are using v47 you still have the same MTF_ZigZag with the settings hard coded. LOL no secret sauce lol ... the settings are 20,10,4 . The usual zigzag ones are different of course.

I really recommend u use v51 cause with v47 there are errors in they way it detects the upperTF and it is liable to close trades that it did not start, like from another EA that you might have running.

Jess

EDIT: that's right if the ZigZag shows a top on the upper TF and price is below it on the lower then we are taking shorts..
If ZigZag shows a bottom on upperTF and price on lower tf is above it the EA looks for longs.
Our AWESOME IMAGINATION is the true holy grail!
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